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Be smart, play smart, learn how to play craps the right way! Take a look at my article titled The Gambler's Fallacy. Simply go to my Free Articles page in the
menu bar above and click on the article title to start learning to play craps the right way.
The "gambler's fallacy" is the false belief that fixed odds increase or decrease depending on recent occurrences. Let's use the familiar coin-flip example to
illustrate this concept. Assuming we use a fair coin and a fair flip, we expect a 50% chance that heads will appear and a 50% chance that tails will appear.
Those odds are fixed and will never change. Suppose heads appears five times in a row. If you think tails has a better chance of appearing on the next flip
because it hasn't shown for the last five flips (i.e., you think tails is "due"), then you've fallen for the gambler's fallacy. You must understand that results of
previous flips have no influence on the outcome of future flips.
In craps, the dice have no memory. They don't remember how they landed on the last roll. They don't care if they haven't shown a 7 in the last 50 rolls or even a
million rolls. The odds of any number showing remain constant and are never influenced by what occurred previously.
Have you seen the big tote board by a roulette wheel showing the results of the last 10 or 15 rolls? It not only shows the recent numbers that hit, but also the
colors (i.e., red or black). Almost every roulette wheel in every casino on the planet has a tote board. What purpose does that thing serve for either the player or
the casino?
For more valuable information about the Gambler's Fallacy, go to my Articles page and click on the title The Gambler's Fallacy. Now you know! Remember, learn
how to play craps the right way.
menu bar above and click on the article title to start learning to play craps the right way.
The "gambler's fallacy" is the false belief that fixed odds increase or decrease depending on recent occurrences. Let's use the familiar coin-flip example to
illustrate this concept. Assuming we use a fair coin and a fair flip, we expect a 50% chance that heads will appear and a 50% chance that tails will appear.
Those odds are fixed and will never change. Suppose heads appears five times in a row. If you think tails has a better chance of appearing on the next flip
because it hasn't shown for the last five flips (i.e., you think tails is "due"), then you've fallen for the gambler's fallacy. You must understand that results of
previous flips have no influence on the outcome of future flips.
In craps, the dice have no memory. They don't remember how they landed on the last roll. They don't care if they haven't shown a 7 in the last 50 rolls or even a
million rolls. The odds of any number showing remain constant and are never influenced by what occurred previously.
Have you seen the big tote board by a roulette wheel showing the results of the last 10 or 15 rolls? It not only shows the recent numbers that hit, but also the
colors (i.e., red or black). Almost every roulette wheel in every casino on the planet has a tote board. What purpose does that thing serve for either the player or
the casino?
For more valuable information about the Gambler's Fallacy, go to my Articles page and click on the title The Gambler's Fallacy. Now you know! Remember, learn
how to play craps the right way.