The gambler's fallacy is thinking that that previous events can affect the probabilities of the random event at hand.

Name: The gambler's fallacy is thinking that that previous events can affect the probabilities of the random event at hand.
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The gambler's fallacy is the mistaken belief that if something happens more frequently than normal during a given period, it will happen less frequently in the future, or vice versa, in situations where the events are independent of each other.

The Gambler's Fallacy Is Thinking That That Previous Events Can