I am an avid gambler. Its not a problem for me. I enjoy it, i like betting on probabilities and roulette is my favourite game. Roulette is quite simply pure chance.
There is something about it that causes me distress though!
I sit at the table knowing my odds are 37 to 1 on a direct hit. I may look at the past results of the table and see that the number 24 has not been hit for about 40 spins, so i may bet heavily on that number.
Now the chance of 24 coming in has not changed over these 40 spins (or any amount of spins). But i also know that over the course of my betting spree that the stats for each hit should roughly even out, so i know that 24 not being hit is an anomaly and it will be smoothed out, therefore i bet heavily on it. WHY!! It drives me nuts, but i cant stop doing it, also it pays off quite often, but i know it shouldnt as my odds have not changed. This is a paradox inside my brain.
I recently read about bell 'error' curves when i was reading about average behaviour and i think it must be related. I am no mathematician though.
Id like to hear your thoughts on it, although i suspect the feeling of paradox is entirely psychological.