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Gambler's fallacy
The Gambler's fallacy, also known as the Monte Carlo fallacy, and also referred to as the fallacy of the maturity of chances, is the belief that if deviations from expected behaviour are observed in repeated independent trials of some random process, future deviations in the opposite direction are then more likely.
More at Wikipedia
Availability heuristic
Gambler's conceit
More related topics
Gambler's ruin
Inverse gambler's fallacy
Hot hand fallacy
Law of averages
Statistical paradoxes
Games (probability)
Causal fallacies
Relevance fallacies
Gambling terminology
Behavioral finance
Cognitive biases
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