Gambler's Fallacy

[DaNutsInYoEye]

I see so many references to this on the forums it's almost comical. Each hand is an independent event people.

http://www.fallacyfiles.org/gamblers.html

[Legendash]

Absoulutely, i always chuckle when people sit down at a table and say something like "does this site deal a lot of flushes" and 3 people will chime in with tales of woe and stacked decks, i just look at them and see $

[Bmxicle]

I've been hearing a new theory lately, its the lucky seat theory. Some seats give better cards then others. This guy was telling me how they did a test. He said that he won a buyin from one seat, got up came back and lost it all plus a little more in a different seat, and the guy in his old seat had also won a buyin. I would have encouraged him to believe this but i was too busy adding him to my buddy list.

[gutshot]

I can usually tell in the first orbit if the action generator has been tweaked favorably for that session.

[DavSimon]

I almost choked on a jellybean (literally) when I heard this one:

Fish1: If Pokerstars has less than 10K people logged in then be careful when dealt K-K
Fish2: Why is that?
Fish1: Well they are not making as much rake and every time someone is dealt K-K another person is dealt A-A to generate action.
Fish2: Wow thanks for the tip!
DavSimon: Oh yes, that is absolutely true, however we are playing a SnG and the rake is fixed.....

[thestrokes]

i like the conflicting avatars fromt he posts above...

[Toasty]

yeah that annoys the hell out of me "welcome to river stars"

"hehe i love party poker"

Some of my favourites (used often)

"Ahh, RiverStars got me again"

"**** you, Lee Jones!"

"That's a PartyPoker special"

"XXXing joke you XXXXing XXXXty little XXXXXX, what a XXXXer"

And one that isn't so well known but since I play there I see it a lot:

"Only at Bugsy"

[Aceofone]

Bringing the thread back to the original topic....

If you flip a coin and get heads 7 times in a row, what are the odds the next toss will be heads? 50%.

But what are the odds of flipping a coin 8 times and getting heads each time?
1/2*1/2*1/2*1/2*1/2*1/2*1/2*1/2 = 1/256