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Gambler’s Fallacy

The belief that unexpected behaviors or outcomes will be “evened out” by opposite unexpected behaviors or outcomes later on.

Example: If a fair die is tossed multiple times and lands on 5 several times in a row, many people would guess that 5 is less likely to turn up in the next few tosses.

Gambler’s Fallacy
APA Reference
Grinnell, R. (2016). Gambler’s Fallacy. Psych Central. Retrieved on May 19, 2018, from https://psychcentral.com/encyclopedia/gamblers-fallacy/