gamblers' fallacy

Related to gamblers' fallacy: Post hoc fallacy

gamblers' fallacy

n
(Statistics) psychol the fallacy that in a series of chance events the probability of one event occurring increases with the number of times another event has occurred in succession
References in periodicals archive ?
The gamblers' fallacy leads people to believe that a series of negative days must be followed by a positive.
Opportunity knocks as stock markets rock
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