Probability - Why Your Brain Lies to You About Chance

What this episode covers

Felix Mercer explores why humans fail at probability, from the 1913 Monte Carlo roulette disaster to the birthday problem and Monty Hall paradox. Learn how our pattern-seeking brains struggle with statistics and discover frameworks for better decision-making under uncertainty. Loved this episode? Discover more original shows from the Quiet Please Network at QuietPlease.ai, explore our curated favorites here amzn.to/42YoQGI, and catch just a slice of our AI hosts in action on Instagram at instagram.com/claredelish and YouTube at youtube.com/@DIYHOMEGARDENTV This content was created in partnership and with the help of Artificial Intelligence AI.

Share this episode

Similar Episodes

A Jewel Shape at the Heart of Quantum Physics

Jun 19, 2026 ·15m

Prediction Markets 101 & 2026 World Cup Bets

Jun 16, 2026 ·29m

Brendan Sorsby eligibility fallout and NFL season-long player props

Jun 9, 2026 ·29m

35 Lessons From Billionaire Investors - 205

Jun 5, 2026 ·70m

Betting Implications of the Myles Garrett & AJ Brown trades

Jun 2, 2026 ·29m

Let's Trade With Trump - 204

May 31, 2026 ·26m

Similar Podcasts

The Option Genius Podcast: Options Trading For Income and Growth Allen Sama Let's talk trading. Especially how to trade options for income. Whether you want to trade for a living, have a side hustle, or make extra monthly income from stocks, this is the place.We are here to help individual investors learn to trade options in a way that is simple, fun and profitable. The goal is to help you achieve Freedom. Financial freedom so you have no more worries about making ends meet and so you have more than enough for safety and security. Time Freedom so you can do what you want when you want. And Choice Freedom so you can live your life on your terms with no restrictions. We call it living the Option Genius Lifestyle. Where you can earn consistent monthly income by selling options using safe, conservative strategies. We place high probability trades and earn market beating returns in a way that takes just a few minutes a day. Listen in to learn how you can do the same. Hear from professional traders that have beaten the game. Some of the strategies we discuss are Even Money: NFL Betting Podcast Betting, Sports Betting, Gambling, NFL Betting A former player talking NFL betting lines? Yep!! Ross Tucker (@RossTuckerNFL) is joined by 2X “Super Contest” champ Steve Fezzik (@FezzikSports) TWICE a week during the NFL season to offer a truly unique perspective for NFL bettors.Fezzik is known as an "advantage player," a style of wagering that relies heavily upon the use of probability, statistics, and other mathematical techniques to maximize the "expected value" of wagers. The documented results of their bets on this show speak for themselves. Triumphant Thoughts Herman Cajigas jr. Inspirational Quotes and ReflectionsThis podcast shares thoughts and principles that empower our well-being. When we learn to view and live life alongside the positive prism of simple truths, beliefs, and ideas expressed throughout the collective content of these audio and video expressions, we enhance the probability of enjoying a happy, rewarding, successful life. Statistics Susan Elizabeth Cooper-Nguyen These podcasts are for students interested in learning or reviewing topics in an introductory statistics class. Podcast topics include describing and summarizing data both graphically and numerically, probability, various distributions, confidence intervals, tests of significance, and exploration of bivariate data. This show focuses more on practice with using a graphing calculator and Microsoft Excel and less of the formulaic approach. Some of the podcasts are raw (unedited) clips from a live classroom. This course, taught on campus twice per week for 100 minutes, was recorded at the Lancaster Campus of Harrisburg Area Community College. This course requires the use of a graphing calculator such as a TI-83 or TI-84 and Excel.

Frequently Asked Questions

How long is this episode of Probability?

This episode is 33 minutes long.

When was this Probability episode published?

This episode was published on April 16, 2026.

What is this episode about?

Felix Mercer explores why humans fail at probability, from the 1913 Monte Carlo roulette disaster to the birthday problem and Monty Hall paradox. Learn how our pattern-seeking brains struggle with statistics and discover frameworks for better...

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this Probability episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.