The gambler’s fallacy is an important example of betting jargon and one that describes a common and problematic mindset that may impact your decision-making when gambling online. This is also known as ...
Gambler’s fallacy is a common cognitive bias that affects decision-making, especially in areas like gambling, investing, and trading. In this article, we’ll strive to break things down by giving you a ...
Forbes contributors publish independent expert analyses and insights. Mark Travers writes about the world of psychology. Do you think good moments and bad moments in life have to even out eventually?
“It is impossible to approach the gambling table without becoming infected with superstition,” writes Alexei Ivanovich, the Russian tutor in Dostoyevsky’s powerful novella The Gambler. Even Alexei’s ...
According to the researchers, people’s penchant to misinterpret patterns could be a boon for charitable organizations that accept cryptocurrency. A team of academic researchers from the United States ...
Among all the hurdles you face in trying to beat the market, maybe none is as great as yourself, says index investing pioneer Charley Ellis. He addressed many of the biases that hold investors back, ...