https://www.businessinsider.com/the-gamblers-fallacy-and-the-hot-hand-2014-4
Players on losing streaks went for riskier and riskier bets, taking bets with higher odds against in the hope that a big payoff would make up for their losses. Players on winning streaks went in the opposite direction and made bets that were more likely to win as their streaks went on.
Players on losing streaks went for riskier and riskier bets, taking bets with higher odds against in the hope that a big payoff would make up for their losses. Players on winning streaks went in the opposite direction and made bets that were more likely to win as their streaks went on.
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so. It is your sole responsibility to understand your local laws and observe them strictly. Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality. Covers disclaims all liability associated with your use of this website and use of any information contained on it. As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.