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Home » math and stats

math and stats

How Gamblers Try – And Fail – To Beat The System

Brian Owens · May 7, 2015 ·

Human tendency to seek patterns leads to misperception of randomness. Habitual gamblers are more likely to believe they see patterns in random sequences of events, and to act on that belief, than the general population, according to new research. Wolfgang Gaissmaier, a psychologist at the University of Konstanz in Germany, and his colleagues studied how […]

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