Tag: The Gambler’s Fallacy

What Is The Gamblers Fallacy?

The-Gamblers-Fallacy

You may have also heard of the gambler’s fallacy by the name “the Monte Carlo fallacy” or “the fallacy of the maturity of chances”. Essentially this is the mistaken idea that, if something happens more frequently than normal during some period of time, it will happen less frequently in the future. For example, you might