The Online Gamblers Fallacy
If you looking to get lucky at gambling then you will pleased to know that there is an inexhaustible source of material in books, e-books, websites that will provide you with winning strategies for any game from keno roulette, blackjack, poker, baccarat, slots etc some of these strategies work and some don’t but the question is if someone really knew a strategy that would make them win at any game then why would that person want to share it with everyone?. Everyone knows that gambling whether its sports betting, casino games, or lottery tickets is all about luck and little to do with strategy.
The gamblers fallacy is a rule that every statistician and gamblers knows that gambling is about odds and probabilities the probability of throw a two on a dice are 1/6 and would vary from those of guessing all the correct numbers in keno or on a lottery ticket . Since gambling is all about odds and probabilities the gamblers fallacy rule states that the outcome of each individual trail of an event is independent of previous outcomes.
The gamblers fallacy rule means that no matter how many times you have been lucky at a certain game it does not mean that you are going to win the next one , or no matter how many times you are lucky with a certain number that does not mean its going to win again for example you can throw a six with dice four consecutive times however this does not mean that you are necessarily going to get a six on the fifth throw as outcome the fifth throw is independent of the outcomes of the other four throws . Casino roulette wheels have grids showing which numbers have been played and which ones are due but one should not base their judgment of the next trail outcome on this.
Many people who have chosen to ignore the gamblers fallacy have found themselves broke you might be one of them, you went a casino or an online casino a won the first few games made some money and should have quit while you were on top but you thought you’re on a roll and you could really cash in, but by the end of the night you didn’t have a cent left. The gamblers fallacy is a rule that should not be over looked by both gambler and lottery players.
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