Comment by vgeek
4 years ago
I quickly searched but couldn't find the exact study, but I've read that by adding the past numbers digital signage to roulette tables, casinos experience a significant (I'm thinking it was like 100%+) increase in wagers when people believe that a color is "due" simply from not understanding independent vs dependent events. Humans love to look for patterns, even when there isn't any real _meaning_ behind them.
No comments yet
Contribute on Hacker News ↗