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Many gambling games exploit a cognitive bias known as the gambler's fallacy (e.g: the fallacy that playing more will increase your odds of winning). https://en
by partycoder 9y ago
Many gambling games exploit a cognitive bias known as the gambler's fallacy (e.g: the fallacy that playing more will increase your odds of winning).
https://en.wikipedia.org/wiki/Gambler%27s_fallacy https://en.wikipedia.org/wiki/Gambler%27s_fallacy
- jnordwick 9y agoWith modern slot machines, isn't this actually true though? I thought one of the benefits of computerized slots was to be able to control the pay outs better.
- solipsism 9y agoNo, it's not true. Every draw is independent, so past performance has zero bearing on future performance.
- brokenmachine 9y agoEach roll has fuck-all chance of winning then.
- partycoder 9y agoThere are usually regulations on what is the maximum the machine can retain. It's not truly pseudorandom but rather weighted pseudorandomness.