monte carlo fallacy

Questions

What does monte carlo fallacy mean?

The fallacy, most often believed by gamblers, that a past random event influences the outcome of a future random event, that is, that a run of even numbers at roulette means that there is a greater chance of an odd number next time.

Where does monte carlo fallacy come from?

From an incident which took place at the Casino de Monte-Carlo.

How to pronounce monte carlo fallacy

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