Gambler's Fallacy

Often called being "Due". This failing to recognize that in independent tests, prior events do not come into play, or if you flip a coin five times and get tails, you still have a 50-50 chance of getting heads heads the sixth time.

This bit of jargon has been viewed 6,621 times.

Blog Link Copy to Clipboard
What is this?

Return To Logical Fallacies Jargon

Home | Add Jargon | F.A.Q | About | Contact
© 2020 JargonDatabase.com

Jargon Database is sponsored by Profit Awareness - discover your best clients, and get rid of your bad ones (Check out out business practices blog here)

Jargon Database was built by the best web development agency in Atlanta Georgia - Digital Tool Factory