If you commit the gambler's fallacy in games of chance, then you fail to appreciate the fact that:

Question

Quizplus · Accepted Answer

The gambler's fallacy occurs when one believes that the likelihood of a certain outcome changes based on previous outcomes. However, in games of chance, each outcome is independent and has the same probability of occurring regardless of previous outcomes. Therefore, the correct choice is A, which states that each outcome is independent of previous outcomes.

If You Commit the Gambler's Fallacy in Games of Chance