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The Conversation
The Conversation
Milad Haghani, Senior Lecturer of Urban Risk & Resilience, UNSW Sydney

The ‘hot hand’ and the gambler’s fallacy: why our brains struggle to believe in randomness

MIA Studio

We are surrounded by random events every day. Will the stock market rise or fall tomorrow? Will the next penalty kick in a soccer match go left or right? Will your lottery ticket finally win?

Often, we experience these events not as isolated occurrences but as part of a sequence. In these sequences, our brains crave certainty and patterns.

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