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The Mind Of A Gambler: Revision history

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22 June 2025

  • curprev 23:0523:05, 22 June 2025 DominickAli774 talk contribs 5,941 bytes +5,941 Created page with "Cognitive Biases <br><br>The Gambler's Fallacy: The mistaken belief that if something happens more frequently than normal during a given period, it will happen less frequently in the future (e.g., "Red has come up 5 times in a row, so black is due"). Loss Aversion: The pain of losing is psychologically about twice as powerful as the pleasure of gaining. Intermittent Reinforcement: The unpredictable nature of rewards (wins) is highly addictive. This can lead to "chasing l..."
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