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The Gambler’s Fallacy: Why Luck Doesn’t Follow a Pattern
Season 1 · Episode 51

The Gambler’s Fallacy: Why Luck Doesn’t Follow a Pattern

Mental Minute · Hassen, Zsolt, & NotebookLM

March 19, 202510m 59s

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Show Notes

The Gambler’s Fallacy is the belief that past events influence future outcomes in random situations—like thinking a win is “due” after a losing streak. This episode explores its psychological roots, impact on gambling, decision-making, and investing, and how to avoid falling into this cognitive trap.