#Gambler's Fallacy

2 articles

News

The Gambler's Fallacy: Why Do People Believe in 'Due' Events?

The gambler's fallacy is a cognitive bias where people believe that a random event is due to occur because it hasn't happened recently. Learn why this phenomenon is so prevalent.

September 10, 2026·1 min read

Casino

Ohio Expert Warns of Gambling Rise and Prediction Markets' Role

Jennifer Grant Weinandy of Ohio University discusses the gambler’s fallacy and the impact of prediction markets on gambling behavior. She emphasizes the need for regulation as these markets expand beyond sports.

September 9, 2026·1 min read