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Gambling

Decoding Chance: Unraveling the Psychology of Luck and the Gambler’s Fallacy

Introduction: In the realm of gambling, luck is a mysterious force that both captivates and confounds players. One psychological phenomenon intimately tied to the perception of luck is the Gambler’s Fallacy. This cognitive bias influences how individuals interpret random events, affecting decision-making at the casino table. In this exploration, we delve into the psychology of …