Indeed.
It also goes on to say "The gambler's fallacy is the erroneous belief that a win in a game of pure chance is "due" after a string of losses."
A place I part ways with some of the human race. Maybe having worked in a casino as a kid or watching markets forever or both. But how or why do people gamble against fixed odds against them and think they are not going to lose?
To me it is like jumping off bridge thinking you will fly. It's math dude. It isn't going to change for you.
Strange.
Man .. I was explaining this before .. and mostly sure I know lots of math .. I have a mathematical background and also programming. I did not come here to complain why the hell I have lost my 100K lottocoins in that casino.
I did not play to win EITHER.
I only go to that casino to test it, to see if it is a scam or not.
Everyone that is saying that I have some kind of gambling addiction is a douche and they can go and die in hell. I have never had and I will never had a fucking gambling problem.
I was one of the big bag holders and wanted to see if what they use to advertise this coin is any good.
The result was that IT WAS NOT.
It is not a chain of losses that made me think it is rigged or that I was supposed to win.
I am not angry that I was NOT winning in fact .. and really you don't get it.
Having 15 times RED when you put on black .. and having that happening many cycles, THE MATHEMATICAL chance to happen in your first 100 consecutive games. If you say it is possible then PROVE IT ..
If not, you should try a 'free roulette game' in any online casino, that doesn't involve depositing money and see how you really give out that few percent that the roulette game is designed in order for the customer to lose.
Then try lotwin casino and see for yourself. There is not a feeling, but a CERTAINITY that it is rigged.
I am fucking angry that I was supporting the coin .. there were few voices telling that something is wrong but everyone was angry at those voices.. but I see now that those people were right !
They use a fucking rigged casino that they invested a lot of money into it's software .. and they NEED to get that money back as soon as possible from their customers.
I am angry also that they state on the casino page 1 % house edge .. that is NOT TRUE. The roulette has and the slots there have like 90 % house edge !!
Stop saying I have a gambling problem .. I am angry because of other things not because I lost 20 dollars and I was so much expecting to win. If you still insist with that then FUCK YOU, you are probably one of the developers.
Try flipping a quarter for an hour straight counting how many times you get heads 15 times in a row. I'm positive it'll happen to you more times than you think. Now factor in that there is a green zero/possible double zero on a roulette wheel, so the odds of it landing on red after 15 straight blacks are even less than the 50/50 you get with the coinflip.