• The Gambler’s Fallacy: Let’s Disprove It!

    It's easy to see where most people get their ideas about probability, and why most of them are wrong. The Gambler's Fallacy is the belief that a random event can have an effect on another random and totally independent event. It can't!

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  • Casino Superstitions and Gambling Luck

    There are a lot of silly and feeble-minded people in the world. Some are superstitious when it comes to casino gambling games. They believe that certain ritual and objects will make them winners. Funny why they continue to believe if they never win!

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  • Losing Money at the Casino: The Main Reasons

    There are very, very few winners playing at the casino. Most people will be losing money for any number of reasons, but it's mainly down to ignorance of how the games are set up.

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  • The Hot Hand Fallacy

    So what exactly is the hot hand fallacy? Well, at some point in the evening, there'll be a hustle and bustle around a games table. Both players and spectators will flock to see a punter having a streak of good luck. From quiet beginnings, the cheering goes up a few decibels each time he lands a lucky number or card. Everyone is looking happy and excited, though no one more so than the player himself. Is there anything better than hitting a lucky streak at the casino. The downer is that having a player on fire in the lucky zone is nothing more than an illusion.

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  • How to Get on a Winning Streak: Definition | Statistics | Gamblers Fallacy

    What is it that we know about a winning streak? Everyone wants one. All gamblers hates it's counterpart, a losing streak. Therefore, we are all looking answers to the question: how to get on a winning streak. In this descriptive guide, we will cover the statistics, behaviour and sciences behind such streaks and how to manage one.

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