Gambler’s Fallacy

Gambler’s fallacy is the contention or belief that a string of results that are outside the expected will influence the next result. As a coin flip count increases, so do the results get closer to 50/50. After seeing ‘heads’ 5 times in a row, what are the chance that ‘tails’ will show up next? Sorry, it’s still 50/50. Your coin has no memory of what how it landed just now, the last 5 times, or the last 1,000 times.

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