Information for "Gambler's Fallacy"

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Display titleGambler's Fallacy
Default sort keyGambler's Fallacy
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Page creatorprefix>Import Bot
Date of page creation21:27, 1 November 2013
Latest editorRobkelk (talk | contribs)
Date of latest edit12:52, 8 October 2020
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Believing that dice/coins have memory, or that independent events will occur in "streaks". If a coin has just landed on heads four times in a row, surely it's much more likely to get tails this time, to even things out... or alternatively, heads is on a roll and will appear next time, too. See also Random Number God and Artistic License Statistics. In fact, if you toss a previously untested coin and (say) heads come up, there's a larger chance to get heads on a second roll, because the coin might be biased, although not very much larger, unless the coin is so warped that the imperfection is clearly visible.
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