Tag Archives: The Gambler’s Fallacy

The Gambler’s Fallacy looks at good fortune and says, I’m due!  For example, if a coin toss resulted in heads twice in a row, the gambler’s fallacy says it will land on tails the third time, because tails is “due.” But the results of past coin flips have no impact on a future coin flip.Continue reading “The Gambler’s Fallacy.”