Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...

The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...

Do you think good moments and bad moments in life have to even out eventually? Here’s why this line of thinking may be fundamentally flawed. Imagine you are standing at a roulette wheel in a casino.

The fallacy is that we are surprised when things that are supposed to vary a lot, come down one way a number of times. We feel the next case must break the pattern. In reality, there is no pattern.

Milad Haghani does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

The Gambler’s Fallacy: Why we misread luck & how understanding it can transform our thinking Breaking free from the illusion of patterns can sharpen reasoning, improve decisions and boost emotional ...

We are surrounded by random events every day. Will the stock market rise or fall tomorrow? Will the next penalty kick in a soccer match go left or right? Will your lottery ticket finally win? Often, ...

The fallacy is that we are surprised when things that are supposed to vary a lot, come down one way a number of times. We feel the next case must... How The Bias Known As Gambler's Fallacy Affects Our ...