The Market Ticker - Probability Part II
So in Part I we talked about Mozzy a bit.
But I’d like to focus on something else I discussed in that article — the roulette wheel.
As I pointed out, and as anyone who has been in a casino can clearly relate to, every single wheel in a casino has a board at the head where the previous winning numbers for some number back are displayed. They do this because people believe that if 3, 4, 5 or even 10 reds come up in a row the next one is more likely to be black. They thus are drawn to that table, bet, and win or lose…… exactly as they do at every other table!
So what are the odds…….
(Click link to read more)
Source: https://market-ticker.org/akcs-www?post=242500
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