What Experts Get WRONG About Winning Streaks

In 1913, a roulette wheel at Monte Carlo landed on black 26 times in a row. Gamblers lost millions betting on red because they believed it was "due" to come up. This is the Gambler's Fallacy—the dangerous belief that past random events influence future probabilities. This video reveals how this same mistake is costing you money in the stock market, ruining your sports bets, and clouding your judgment in hiring decisions. Learn why streaks don't create debts, why "hot hands" are mostly illusion, and how to stop confusing randomness with patterns that owe you something.