Glossary · maths
Gambler fallacy
Di belief sey di spins wey don pass dey change di odds of di next one. Dem no dey change am: spins no dey depend on each oda.
For context
Afta ten redsbetRedEven-money bet on di 18 red numbers. For French: rouge.Read di whole tin →, blackbetBlackEven-money bet for di 18 black numbers. For French: noir.Read di whole tin → still na 18/37. Di results dey move near di long-run average becos new spins dey dilute di old ones, no be becos di wheel dey correct imself.
You sabi sey
On 18 August 1913 for Monte Carlo, black come out 26 times one afta di oda. Players lose millions of francs as dem dey bet on red from around di fifteenth black, each spin “more sure” pass di one before am. Na why dem also dey call di fallacy di Monte Carlo fallacy.