Getting your Trinity Audio player ready... Suppose you’re watching a baseball game, and your favorite player, a terrific hitter with a .320 average, has struck out three times in a row. If you’re like ...

It's called the gambler's fallacy: After a long streak of losses, you feel you are going to win. But in reality, your odds of winning are no different than they were before. For years, the gambler's ...

Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...

One of the most interesting things that comes out of behavioral research is the situation in which people act as though they believe one thing and their actions cause the opposite outcome to occur. A ...

The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...

I had a funny thing happen to me the other day. I was in Las Vegas playing baccarat. Turns out, the game is really simple: There is no skill to it, and all you have to do is flip the cards over and ...

There are parts of the brain that help us see, parts that help us sense, parts that help us reason—and now we’ve identified a part that seems to play a role in making risky decisions, such as those we ...

This has always bothered me and it came up again in Bad Monkey's trading/gambling thread.<BR><BR>The question is simple--if you believe that after 5 "heads" tosses of a fair coin the 6th toss is more ...

It's called the gambler's fallacy: After a long streak of losses, you feel you are going to win. But in reality, your odds of winning are no different than they were before. For years, the gambler's ...