What is Gambler's Fallacy? Mental traps explained!

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  • Опубликовано: 20 дек 2024

Комментарии • 11

  • @ntunused7201
    @ntunused7201 4 месяца назад +7

    anti-gambling propoganda

  • @Kyeuss
    @Kyeuss 4 месяца назад +11

    This only applies for truly random occurrences like the lottery and the bomb examples. Some of your examples are oversimplified.

  • @andrewgonzalez7143
    @andrewgonzalez7143 4 месяца назад

    The hot hands fallacy isn't necessarily as you described though. An athletes performance is at least in part affected by their confidence and mental space. While each shot doesn't directly affect the next shot, they CAN affect the player's mental. And their mental CAN affect their performance. It can absolutely be a confidence shattering moment to get in your own head about a recent failure, especially if the athlete hasn't trained to mentally prepare themselves and only focuses on the physical aspects of their sport.

    • @thenerdsclubs
      @thenerdsclubs  4 месяца назад

      Yes.. I agree with it .. I have also explained it in my winner effect video.. but what I have tried to explain it here is that hot hand effect is a social proof that people believe in gamblers fallacy .. it's not same but it explain why people think what they think..

  • @Danielsjfhfiebryht
    @Danielsjfhfiebryht 4 месяца назад +2

    wait so if theres a something that has a 1 in 6 chance of happening and i do that thing six times, its still unlikely for that thing to happen?

  • @214-riteshkumarsahoo8
    @214-riteshkumarsahoo8 4 месяца назад +2

    Thankyou for the info ❤🎉

    • @thenerdsclubs
      @thenerdsclubs  4 месяца назад

      @@214-riteshkumarsahoo8 I am glad you find it helpful.. thank you 😊

  • @PhatesDemise
    @PhatesDemise 4 месяца назад

    The card counting community: Well yes, but actually no.

  • @khaipinaulak485
    @khaipinaulak485 4 месяца назад +3

    the hot hand falicy has been proven true, if you flip coin enough time you will get 50/50

    • @thenerdsclubs
      @thenerdsclubs  4 месяца назад +1

      Thanks for your insights .. But according to me ( not sited from anywhere) 😁Hot hand fallacy is nothing but a social proof that people believe in idea that if something happens it's patterned.. and about flipping coin part.. it's a π of luck with an value no one can determine..