In 1913 in a Monte Carlo casino, a roulette ball landed on black 26 times in a row. With a fair roulette wheel, such a streak—of either color—should occur only once in 68.4 million attempts. Gamblers at that table reportedly lost fortunes betting on red...
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Why Believe in the Gambler's Fallacy?
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In 1913 in a Monte Carlo casino, a roulette ball landed on black 26 times in a row. With a fair roulette wheel, such a streak—of either color—should occur only once in 68.4 million attempts. Gamblers at that table reportedly lost fortunes betting on red...