random outcomes

The Gambler’s Fallacy: Why Randomness Doesn’t Care About You

16 June 2025

You’ve heard it. You’ve maybe said it. “It’s been red five times in a row—black’s due.” Or: “That slot hasn’t hit all night… it’s bound to pay soon.” Sounds logical, right? It’s not. It’s the Gambler’s Fallacy—and it’s one of the fastest ways to drain [...]