Monte Carlo 1913: The Gambler's Fallacy

<p>Try to imagine how you would bet if a roulette wheel landed on black 26 times in a row. What are the chances that the next spin would land on black? And how much would you be willing to risk? This episode is all about a couple popular gambling fallacies - people betting against a streak of luck and people betting on a streak of luck. We talk about The Gambler's Fallacy and the Hot-Hand Fallacy; then chat with Comedian and Weird Dad <a href='https://www.glentickle.com'>Glen Tickle</a> for the Quick Quiz!</p> <p>Vote for this podcast in the Columbus Podcast Awards at <a href='http://columbuspodcastawards.com/nominations'>http://columbuspodcastawards.com/nominations</a></p> <p>Bonus episodes and content available at <a href='http://Patreon.com/MichaelKent'>http://Patreon.com/MichaelKent</a> Michael's travel microphone: <a href='https://amzn.to/3B6yl7g'>https://amzn.to/3B6yl7g</a> For 20% Virtual Presenter Course, visit <a href='http://virtualpresentercourse.com/30'>http://virtualpresentercourse.com/30</a> For $10 FREE Invested in your Acorns Account visit <a href='https://share.acorns.com/tbkg6'>https://share.acorns.com/tbkg6</a> For 15% at SCOTTeVEST, visit <a href='http://scottevest.cwv7.net/a3VBZ'>http://scottevest.cwv7.net/a3VBZ</a></p> <p></p>