Joe went to the riverboat and bet on the craps shooter hitting seven as the total of the two dice.Joe won with this bet six times in a row.He then shifted his bet against the shooter on the seventh roll.This decision was probably

Question

Quizplus · Accepted Answer

Joe's decision to shift his bet against the shooter on the seventh roll was probably influenced by the gambler's fallacy. The gambler's fallacy is the belief that if an event has occurred frequently in the past, it becomes less likely to occur in the future. Joe may have thought that since he won six times in a row with his bet on seven, it was less likely to happen again and therefore decided to change his bet. However, each roll of the dice is an independent event, and the probability of rolling a seven remains the same on every roll.

Joe Went to the Riverboat and Bet on the Craps