Gambling can push one's capacity for hope to the limit, but even after suffering loss after loss, some gamblers will insist that they should keep playing because they are due for a lucky break. The ...

Have you ever wondered why casinos consistently profit despite occasional big payouts? The answer lies in mathematics. Behind every spin of the roulette wheel, shuffle of cards, or roll of dice exists ...

A gambler usually wagers more after taking a loss, in the misguided belief that a run of bad luck increases the probability of a win. We tend to cling to the misconception that past events can skew ...