Gambler's fallacy vs. the hot hand

Gambler's fallacy vs. the hot hand [url]https://www.sciencedirect.com/science/article/pii/S0010027714000031[/url] Fun stuff. But if you're not letting human nature get in the way of your betting patterns, it doesn't really change anything for you :)

I really wish they would have sorted the figures by winning accounts and losing accounts. There are aggressive winners (ramp up bet size), profit-protecting winners who can't stomach giving back an extended profit they had to grind away to achieve. Guess is those Euro accounts with all that horse action would not be the best sample to sort this way though.

[QUOTE=frankb22;60335] profit-protecting winners who can't stomach giving back an extended profit they had to grind away to achieve.[/QUOTE] Sound like me....:cool: