That's a good read. Ta.
Researchers Tested The 'Gambler's Fallacy' On Real-Life Gamblers And Stumbled Upon An Amazing Realization
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 study by University College London psychology professor Nigel Harvey and graduate student Juemin Xu, published in the May 2014 issue of Cognition, found that online gamblers on a betting website believed in one common gambling fallacy, the "gambler's fallacy," and this led to them experiencing an opposite effect, the "hot-hand fallacy" (via Cardiff Garcia). The hot-hand fallacy occurs when gamblers think that a winning ... (full story)