0022 - 5 examples where patterns = delusions | The gambler's fallacy

The gambler's fallacy is one of those logical fallacies of the human psyche that is equal parts hilarious and equal parts serious.As you'll see in this episode, the examples I provide for this fallacy are almost laughable and ridiculous at times. But the impact it has on our everyday lives is uncanny. And that makes this a very important episode in the series of my episodes on human cognitive biases and logical fallacies.For the entire series, please hop on to the playlist here.It is a short and sweet episode, like most others in my podcast. :PHope you experience as much resonance listening to it as much I did while creating it.<Outline>(00:00) - Intro(00:47) - What is the gambler’s fallacy?(02:40) - A hilarious example(04:19) - Why do we fall prey to this fallacy?(05:09) - Some real-life examples & implications(08:42) - How to counter the gambler’s fallacy?(09:49) - EndingSo, without further ado, let's get into it.I'll see you in the playground.Until next time.Peace out.--------------Check out all of my work on my website -https://chetannarang.org/For one-on-one personal sessions for philosophical mentorship & counselling with me -https://chetannarang.org/nondual-philosophical-counselling-mentorship/Connect with me, Chetan Narang, on Instagram here -https://www.instagram.com/nrng.chetan/Checkout The Unlearning Playground YouTube channel here -https://www.youtube.com/c/TheUnlearningPlayground--------------Credits for the beautiful soundtracks:"Dreamer" Kevin MacLeod (incompetech.com)"Reaching Out" Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 4.0 Licensehttp://creativecommons.org/licenses/by/4.0/