Monte Carlo Fallacy

References

Barboianu, C. (2022). Understanding Your Game: A Mathematician's Advice for Rational and Safe Gambling. PhilScience Press.

Leonard, C. A., & Williams, R. J. (2016). The relationship between gambling fallacies and problem gambling. Psychology of Addictive Behaviors, 30(6), 694.

Pelletier, M., Ladouceur, R. (2007). The effect of knowledge of mathematics on gambling behaviors and erroneous perceptions. International Journal of Psychology, 42(2).

Tversky, A., & Kahneman, D. (1971). Belief in the law of small numbers. Psychological bulletin76(2), 105.

Tversky, A., & Kahneman, D. (1974). Judgment under Uncertainty: Heuristics and Biases. Science185(4157), 1124-1131.


Related articles:

Barboianu C. (2015). Didactical-cognitive contributions of mathematics to problem gambling. Probability Theory Guide and Applications. Retrieved from: https://probability.infarom.ro/didactical.html 

Barboianu C. (2023). Roulette odds and house edge: A Mathematical Analysis. Chipy.com. Retrieved from: https://chipy.com/academy/roulette/roulette-odds-and-house-edge

Turner, N. E. (1998). Doubling vs. constant bets as strategies for gambling. Journal of Gambling Studies14(4), 413-429. Summary retrieved from: https://cazino.ro/joc-responsabil/dublarea-mizei-vs-miza-constanta-jocuri-de-noroc




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