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	<title>Casino Column &#187; gamblers fallacy</title>
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		<title>The Gambler&#8217;s Fallacy or the Monte Carlo Fallacy</title>
		<link>http://casinocolumn.com/cms/the-gamblers-fallacy-or-the-monte-carlo-fallacy/</link>
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		<pubDate>Sat, 08 May 2010 04:00:13 +0000</pubDate>
		<dc:creator>Alexis</dc:creator>
				<category><![CDATA[Misc]]></category>
		<category><![CDATA[gamblers fallacy]]></category>
		<category><![CDATA[monte carlo fallacy]]></category>

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		<description><![CDATA[The Monte Carlo fallacy also Gambler’s fallacy is the idea that deviation from normal behaviour are seen in repetitive trials of a random event then these uncommon event are expected to balance out by an opposing deviation in the upcoming event. For example, a coin is flipped again and again and tails come up a [...]]]></description>
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