The Gambler’s Fallacy
One of the most common fallacies in gaming is the Gambler’s Fallacy, which is the mistaken belief that a random event is more likely to happen because it hasn’t happened recently. This fallacy is often seen in slot machines, where players believe that a machine is “due” for a payout because it hasn’t paid out in a while. However, each spin of a slot machine is an independent event, and the probability of winning remains the same with each spin.