Monte Carlo 1913: The Gambler's Fallacy

Your browser doesn’t support HTML5 audio

Try to imagine how you would bet if a roulette wheel landed on black 26 times in a row. What are the chances that the next spin would land on black? And how much would you be willing to risk? This episode is all about a couple popular gambling fallacies - people betting against a streak of luck and people betting on a streak of luck. We talk about The Gambler's Fallacy and the Hot-Hand Fallacy; then chat with Comedian and Weird Dad Glen Tickle for the Quick Quiz!

 

 

Vote for this podcast in the Columbus Podcast Awards at http://columbuspodcastawards.com/nominations

Bonus episodes and content available at http://Patreon.com/MichaelKent

Michael's travel microphone: https://amzn.to/3B6yl7g

 

  • Facebook
  • Twitter
  • LinkedIn
  • Email