Myths and the Mind

Betting System Myths

Why staking plans and superstitions leave the odds unchanged.

The Gamblers Fallacy Explained

The gambler's fallacy is the belief that a result is due after a run. Coin flips and roulette show why independent events have no memory.

5 min read

The Martingale System and Its Hidden Risk

A hypothetical doubling sequence on roulette shows how small, frequent gains are offset by rare long losing runs that cost far more than they ever earned.

4 min read

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