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Monte Carlo 1913: The Gambler's Fallacy

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Manage episode 297874590 series 2898095
Content provided by Michael Kent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Kent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Try to imagine how you would bet if a roulette wheel landed on black 26 times in a row. What are the chances that the next spin would land on black? And how much would you be willing to risk? This episode is all about a couple popular gambling fallacies - people betting against a streak of luck and people betting on a streak of luck. We talk about The Gambler's Fallacy and the Hot-Hand Fallacy; then chat with Comedian and Weird Dad Glen Tickle for the Quick Quiz!

Vote for this podcast in the Columbus Podcast Awards at http://columbuspodcastawards.com/nominations

Bonus episodes and content available at http://Patreon.com/MichaelKent
Michael's travel microphone: https://amzn.to/3B6yl7g
For 20% Virtual Presenter Course, visit http://virtualpresentercourse.com/30
For $10 FREE Invested in your Acorns Account visit https://share.acorns.com/tbkg6
For 15% at SCOTTeVEST, visit http://scottevest.cwv7.net/a3VBZ

  continue reading

192 episodes

Artwork
iconShare
 
Manage episode 297874590 series 2898095
Content provided by Michael Kent. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Michael Kent or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

Try to imagine how you would bet if a roulette wheel landed on black 26 times in a row. What are the chances that the next spin would land on black? And how much would you be willing to risk? This episode is all about a couple popular gambling fallacies - people betting against a streak of luck and people betting on a streak of luck. We talk about The Gambler's Fallacy and the Hot-Hand Fallacy; then chat with Comedian and Weird Dad Glen Tickle for the Quick Quiz!

Vote for this podcast in the Columbus Podcast Awards at http://columbuspodcastawards.com/nominations

Bonus episodes and content available at http://Patreon.com/MichaelKent
Michael's travel microphone: https://amzn.to/3B6yl7g
For 20% Virtual Presenter Course, visit http://virtualpresentercourse.com/30
For $10 FREE Invested in your Acorns Account visit https://share.acorns.com/tbkg6
For 15% at SCOTTeVEST, visit http://scottevest.cwv7.net/a3VBZ

  continue reading

192 episodes

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