The gambler's fallacy is one of those logical fallacies of the human psyche that is equal parts hilarious and equal parts serious.As you'll see in this episode, the examples I provide for this fallacy are almost laughable and ridiculous at times. But the impact it has on our everyday lives is uncanny. And that makes this a very important episode in the series of my episodes on human cognitive biases and logical fallacies.For the entire series, please hop on to the playlist here.It is a short and sweet episode, like most others in my podcast. :PHope you experience as much resonance listening to it as much I did while creating it.<Outline>(00:00) - Intro(00:47) - What is the gambler’s fallacy?(02:40) - A hilarious example(04:19) - Why do we fall prey to this fallacy?(05:09) - Some real-life examples & implications(08:42) - How to counter the gambler’s fallacy?(09:49) - EndingSo, without further ado, let's get into it.I'll see you in the playground.Until next time.Peace out.--------------Check out all of my work on my website -https://chetannarang.org/For one-on-one personal sessions for philosophical mentorship & counselling with me -https://chetannarang.org/nondual-philosophical-counselling-mentorship/Connect with me, Chetan Narang, on Instagram here -https://www.instagram.com/nrng.chetan/Checkout The Unlearning Playground YouTube channel here -https://www.youtube.com/c/TheUnlearningPlayground--------------Credits for the beautiful soundtracks:"Dreamer" Kevin MacLeod (incompetech.com)"Reaching Out" Kevin MacLeod (incompetech.com)Licensed under Creative Commons: By Attribution 4.0 Licensehttp://creativecommons.org/licenses/by/4.0/