In reality, in a fair game, bet one through 15 contains, in probabilistic terms, exactly the same chance of occurring and therefore your mindset shouldn’t change. There can’t be a sixteenth can there? So you bet black. It layman’s terms it’s the feeling your mind gets when 15 reds pop up on the roulette table. This is often referred to as ‘the law of averages’, I prefer to call it ‘The flaw of averages’ It is the belief that deviations from expected behaviour revert to mean. The Gambler’s fallacy is a psychological error, also referred to as the fallacy of the maturity of chances.
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