A poker player refuses to bet on hands with a pair of aces after losing four consecutive hands with a pair of aces. What is wrong with this logic?
A) Predictable-world bias
B) Selection bias
C) Over-optimism bias
D) Confirmation bias

Question

Quizplus · Accepted Answer

The poker player is exhibiting predictable-world bias, which is the mistaken belief that future outcomes can be predicted based on past events in situations that are actually random, like poker hands.

A Poker Player Refuses to Bet on Hands with a Pair