Roulette wheel

The Gambler’s Fallacy is the idea that past behavior influences future behavior. In everyday life, it’s a good strategy — there are all kinds of ways that events in the past affect events in the future. When gamblers take that idea into a casino, things get very bad, very quickly. At least, things get bad for the people; the casino can wring some profit out of that cognitive bias, and it did at the Monte Carlo Casino on August 18th, 1913. It was an ordinary night, until someone noticed that the roulette ball had fallen on black for quite some time. When it just kept falling, people got interested. Then they started pushing money onto the table. The thought process was that the ball had fallen on black so many times that it had to fall on red sometime soon. –Esther Inglis-Arkel

Fiction Writing Prompt: Write a story in which the gambler’s fallacy complicates your protagonist’s life.

Journaling Prompt: What is the biggest gamble you’ve ever taken?

Art Prompt: The Gambler’s Fallacy

Non-Fiction / Speechwriting Prompt: Inform your audience about the gambler’s fallacy and how they can avoid it when taking a risk of any kind.

Photo Credit: Håkan Dahlström on Flickr

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