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Gamblers Fallacy Does Not Help Roulette Systems

There is one thing that will destroy you if you are not careful. I’ve seen this one thing completely annihilate the bankrolls of new players to online roulette studs. It doesn’t matter if you have been around forever, or if you are just starting out.

The thing you must be fearful of is called The Gambler’s Fallacy. The Gambler’s Fallacy is the number one cause for many gamblers downfalls. The Gambler’s Fallacy is nothing new either; it has been around for as long as mankind has been making bets.

To sum it up quickly The Gambler’s Fallacy is the wrongly held belief that past random acts of probability will influence future random acts of probability. For example if a coin is flipped three times in a row and lands on heads, the next flip is not more likely to be tails.

The table does not have a memory, and it doesn’t matter what the past spins resulted in. Many people try to use past spins as an indicator for future spins when in reality this does nothing at all. Past spins have no bearing on what future outcomes will be.

What makes The Gambler’s Fallacy so deadly is that if somebody who is not versed in mathematics looks at a simple version of the odds it would appear that there is no fallacy. The math would indicate that no such fallacy exists.

To show why The Gambler’s Fallacy is an easy trick to fall for I’ll lay out some math. After laying out the math I’ll show where most people go wrong in their assessment and then I will show the correct approach to the issue.

For this experiment we need to pretend that there is no zero on the online roulette table, it simply makes the math easier. Picture the ball landing on an even number, the odds of this happening are 50%. Now picture the ball landing on an even number twice in a row, the odds of this happening are less than 50%. This is what makes it look like the ball is more likely to land odd after going even. However if you do the math you will find that the ball going even and then even again is just as likely to happen as the ball going even and then odds.

There is no reason that The Gambler’s Fallacy should destroy your bankroll. However it will as soon as you let it. If you want to do well at online roulette you must take this threat seriously otherwise it could completely and utterly destroy you.

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