Posted: 4/16/2013 10:53:12 AM
Sorry, I should have posted this here instead of the MLB forum....
Gamglers fallacy = false.
Here is why. How many times have you started following a system that hits greater than 60% only to land on your face and suffer 30%, 40%, etc.
The only problem is that we just don't know when it will regress. Gamglers fallacy = false, we just don't know when the regressions will happen. What goes up, must come down.
I dare you to challenge my theory. Please discuss.