The gambler's fallacy is the mistaken belief that:
A) slot machines are a worse bet than roulette
B) a past event can have an impact on a current random event
C) your odds of winning increase as you continue to play
D) "you gotta know when to fold 'em"

Question

Quizplus · Accepted Answer

The gambler's fallacy is the incorrect belief that previous outcomes in a series of independent events can affect the odds of future events, such as thinking a coin is "due" to land on heads after several tails in a row.

The Gambler's Fallacy Is the Mistaken Belief That