Betting The Paradox of the Hot Hand and Gambler’s FallaciesBy BenoItJune 4, 2021 An important consideration is that the hot hand and gambler’s fallacies appear at first to be opposite effects. While bettors…
Betting Evidence of the Gambler’s Fallacy in Betting MarketsBy BenoItJune 4, 2021 Charles Clotfelter and Philip Cook (1993) undertook one of the early studies using real betting data to investigate the gambler’s…