The gambler's fallacy bias, in its simplest form, is a misconception that an occurrence is 'overdue' simply because it hasn't happened for a long time.
Monte Carlo fallacy
The bias, which is sometimes referred to as the Monte Carlo fallacy, originated in Monte Carlo's Le Grande Casino over one hundred years ago, in August 1913. At the roulette wheel, records state that the ball landed on black 29 times in a row. The incident has since become immortalised as the gambler's fallacy, simply because of the vast amounts of money lost on red. Once black had come up a 10th time, patrons... Read More
Ever since the very first one was invented over a century ago by a Californian engineer called Charles Fey, slot machines have captured the imaginations of players all round the world. They’ve long been a feature everywhere from pubs and cafes to motorway service stations but over recent years there have been some big changes to the way people play.
Nowadays online slots are the biggest single earners for online casinos thanks, largely, to the sheer numbers of players that choose them.
As a result the online operators have invested large amounts of money into developing games... Read More
Betting on the horses goes hand in hand with watching horseracing, and nowadays, betting online is becoming more popular. You can do it from the convenience of your own home and don’t have to worry about what to wear!
Apart from ensuring that they avail the best tipping service, for instance SBAT and the kinds, people often look at many important factors before signing up with any internet-based bookie. If you are just starting out with online sports betting, your first step should be to seek the best offers.
Sign up offers are what majority of online betting platforms distinguish... Read More
The lottery. Who can honestly say they have never dreamt of winning big on the lottery? Whether you are sat in the office getting through the 9-5 daily grind or lying awake at night in bed, the dream of winning the lottery is never far from a person’s mind. What would you do if you won millions overnight? Go wild and spend big on designer clothes, cars, a yacht maybe? Would you be kind, gift some of the money to family and friends, maybe give some to charity? Or would you try and be sensible with the money, put it into a savings account and live off the interest for the rest of your life?... Read More
Xbox is a gaming brand developed by Microsoft. They represent many series to Xbox video game series. Microsoft also makes this Xbox games available for online streaming with their service Xbox live also there are some ways to play xbox 360 games on pc. They offer many paid and free video games for Xbox gamers. But in every month Microsoft introduce many free Xbox games. In the month of September Microsoft is offering many actions and adventurous Xbox games for both Xbox One and Xbox 360. This month is September and all Xbox gamers are waiting for free Xbox games. So let’s have a look what Microsoft... Read More
The iPhone is the most owned smartphone world-wild, and entering into the world of the App Store as developers are doing their utmost to invent more and more applications in order to attract a larger audience can be daunting for the iPhone user who is not as tech savvy as his or her neighbour.
Nowadays we can use an app to track our finances, count our calorie intake, and work-out an exercise schedule beside numerous other useful tasks. Who would have thought that we would become so reliant on something that usually costs nothing?
Not only are we using the useful apps, but increasingly... Read More
According to the International Baseball Federation, Baseball is played as a sport in 112 countries with over 35 million registered baseball players. Yes, you heard me right over 35 million players. So, therefore it is no longer a debate topic about how popular baseball sport is. Every game has rules and regulation so also do they have training methods. If you as an experienced player or rookie want to succeed, then you should be ready to know, understand, and follow these tips to the latter. There is definitely no shortcut to succeeding as a baseball player or even coach. There are quite a... Read More
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