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A common gamblers’ fallacy referred to as «the doctrine of the maturity of the chances» (or «Monte Carlo fallacy») falsely assumes that every play in a sport of likelihood is not unbiased of the others and that a sequence of outcomes of one sort ought to be balanced within the short run by other possibilities. Various «systems» have been invented by gamblers primarily based largely on this fallacy; casino operators are completely happy to encourage the usage of such programs and to exploit any gambler’s neglect of the strict guidelines of probability and unbiased plays. – Encyclopedia Britannica (look underneath «gambling»)

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