Playing games of chance

Gambler's Fallacy

Gambler's Fallacy

Understanding the gambler's fallacy can help you avoid making irrational bets based on previous outcomes.

Similar Situations

Monty Hall Problem

Monty Hall Problem

Sports and games: (Topic: Deep probability Understanding) Making educated bets or strategizing in games based on the odds of different outcomes.
Poggendorff Illusion

Poggendorff Illusion

Optical Illusions: Developing engaging visual puzzles and games based on the principles of the Poggendorff Illusion.
Birthday Paradox

Birthday Paradox

Sports betting: (Topic: Deep probability Understanding) Apply the concepts of probability to make better-informed bets or predictions in sports or games.
Ishikawa Diagram

Ishikawa Diagram

Change management: Ishikawa Diagrams can be used to identify the root causes of resistance to change, enabling organizations to take steps to address resistance.
Belbin's Nine Team Roles

Belbin's Nine Team Roles

Adapting to Change in the Workplace: Monitor Evaluator analyzes the potential impact of the change, and Shaper helps the team adapt and stay motivated.
Skinner's Superstition Experiment

Skinner's Superstition Experiment

Sports rituals: Avoid relying on pre-game rituals, believing they affect the outcome of a game, and focus on actual skills and practice.
SCARF Model

SCARF Model

Asking Someone for a Favor: Respecting their autonomy increases the chances of a "yes."
Flea In a Jar

Flea In a Jar

Speaking Up in Meetings or Class: Past awkwardness might have silenced you, but every conversation is a new chance to be heard.
Johari Window

Johari Window

Adaptability: Embracing change by being aware of personal and others' reactions.
Availability Bias

Availability Bias

Natural Disaster Preparedness: Don't overestimate the chances of extreme weather events based on recent disasters in distant locations.