Uploaded August 2014 | Updated September 2026, 1 week ago
This is the third video in a six-part series on The Gambler’s Fallacy.
This video, “How Can You Tell Whether a Chance Setup is Unfair?”, explains why the answer to this question isn’t determined by logic or probability theory alone. Whether it’s reasonable to believe that a coin or a roulette wheel is biased depends on our background knowledge, our beliefs about the world.
This is the third video in a six-part series on The Gambler’s Fallacy.
This video, “How Can You Tell Whether a Chance Setup is Unfair?”, explains why the answer to this question isn’t determined by logic or probability theory alone. Whether it’s reasonable to believe that a coin or a roulette wheel is biased depends on our background knowledge, our beliefs about the world.
