There is one thing that will destroy you if you are not careful. I’ve seen this one thing completely annihilate the bankrolls of new players to online roulette studs. It doesn’t matter if you have been around forever, or if you are just starting out.

The one thing that I’m talking about is known as The Gambler’s Fallacy. The Gambler’s Fallacy has been tricking players into making bad bets for centuries, possibly longer than that. If you take your money seriously you must be constantly vigilant against The Gambler’s Fallacy.

In a nutshell The Gambler’s Fallacy is the false belief that past events will influence future events when in reality they do not. An example would be that many players think that if the ball lands on red five times in a row that they should bet on black since it is bound to land on black sooner than later.

The notion that the table remembers what the last spin was is entirely incorrect. The table isn’t concerned with what the last result was, the odds are always consistent. The table does not remember a thing; the only thing that really matters is the math.

What makes The Gambler’s Fallacy so deadly is that if somebody who is not versed in mathematics looks at a simple version of the odds it would appear that there is no fallacy. The math would indicate that no such fallacy exists.

To show why The Gambler’s Fallacy is an easy trick to fall for I’ll lay out some math. After laying out the math I’ll show where most people go wrong in their assessment and then I will show the correct approach to the issue.

For this experiment we need to pretend that there is no zero on the online roulette table, it simply makes the math easier. Picture the ball landing on an even number, the odds of this happening are 50%. Now picture the ball landing on an even number twice in a row, the odds of this happening are less than 50%. This is what makes it look like the ball is more likely to land odd after going even. However if you do the math you will find that the ball going even and then even again is just as likely to happen as the ball going even and then odds.

Now that you know that The Gambler’s Fallacy will steer you the wrong way you can now improve your online roulette play. There’s no reason to let an idea suck away funds from your bankroll. Your bankroll should be for online roulette, not for feeding a gambling horror.

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