Below you'll find a list of all posts that have been tagged as “Gambler’s Fallacy”
At CrapsPit we have 2 posts about Gambler’s Fallacy and this makes for a third which is a reply to a post posted by a user in which the user states “Gambler’s Fallacy for what it is… bad theory, poor mathematics, unreasonable statistics and pure nonsense.” Here Don’t let the Gambler’s Fallacy Hook You. Gambler’s Fallacy Clarified : Providing examples …
We’ve received several requests to clarify the “Gambler’s Fallacy” that we address in another article. The questions basically relate to, “What exactly do you mean when you say past outcomes don’t affect future outcomes, and how does that affect whether a certain number is due to hit?” Let’s see if we can clear this up. As described in our other …
Don’t ever let yourself get sucked in by idea behind the “gambler’s fallacy,” whether it’s online craps, roulette, or any casino game of chance. If you do, you’ll fall right into the casino’s trap. People who don’t understand statistics generally don’t understand the concept. If that’s you, then you must accept the facts as presented in this article, even if …
