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 Gambler’s Fallacy is one thing you must be on constant guard against. This fallacy has been making players and gamblers make terrible bets, over and over again. Is has been around for centuries and is not going to go away anytime soon.

To give you a quick idea of what The Gambler’s Fallacy is imagine that the ball of a roulette wheel has landed on odds several times in a row. Somebody suffering from The Gambler’s Fallacy would then begin betting on evens thinking that the ball is now more likely to land on evens because it has landed on odd so many times already.

The idea that the roulette table has some sort of memory and makes things balance out is entirely false. The roulette table does not care about what the last spin was, and before every spin the odds are reset to what they normally are.

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.

Most people look at the math and then make wrong conclusions from the brief overview of the odds. This would make it look like there is no Gambler’s Fallacy. But I will show you where they go wrong, and how to look at the odds properly.

Imagine that there is no zero at an online roulette table. This would mean that there is a 50% chance of landing on black, now the odds of a ball landing on black twice in a row is smaller than 50%, and the odds of it landing on black three times in a row is even smaller. So on the surface it looks like the more times it lands on black the less likely it is to land on black again. However if you look deeper the odds of the ball landing on black three times and then red one time matches up with the odds of the ball landing on black four times.

I hope that you now have the tools to never fall prey to The Gambler’s Fallacy ever again. There is nothing that will kill a gambler faster than believing in this fallacy. If you want to do well at online roulette you must understand how The Gambler’s Fallacy works and how it will steer you wrong.

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