Understand the Gambler’s Fallacy
Jonathan January 29, 2020 11:38:37
The simplest way to understand the Gambler's Fallacy is to toss a coin. Obviously there are two possible outcomes. Each one has an equal chance of occurring. Now if we toss the coin 10 times in a row, we might reasonable expect to get 5 heads and 5 tails. But we could equally expect to get 10 heads in a row.