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Monte Carlo 1913: The Gambler's Fallacy

Jul 20, 2021

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!

 

 

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