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 ...

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 feels perfectly logical in the heat of it. Think about how many times you have watched a streak, and a little voice started saying a change is due. That idea can snowball into ...

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Forbes contributors publish independent expert analyses and insights. Mark Travers writes about the world of psychology. Do you think good moments and bad moments in life have to even out eventually?

24 September 2020, Baden-Wuerttemberg, Stuttgart: ILLUSTRATION - A croupier deals cards at a blackjack table in the Casino Stuttgart during a press meeting (scene posed). (to dpa: "Casinos in ...

We’re going to revisit the matchup-based lineup setting in a minute, but one of the commenters last week drew my attention to a very prevalent bias we don’t talk enough about. It’s the Gambler’s ...

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 ...

“It is impossible to approach the gambling table without becoming infected with superstition,” writes Alexei Ivanovich, the Russian tutor in Dostoyevsky’s powerful novella The Gambler. Even Alexei’s ...