Roulette

Roulette is one of the most enjoyable games in a casino. No time-consuming learning curve, a variety of bets, not too much math, and a social atmosphere where fortunes can be won if Lady Luck smiles. But like many casino table games, has its own set of slang terms.

In our ongoing gaming series, we’re giving you the rundown on how to play casino table games like a pro. In this installment, we’re taking on one of the easiest-to-understand Las Vegas games of chance: roulette.

It’s called a number of things. The “gambler’s fallacy,” and the “Monte Carlo fallacy,” and even “the fallacy of the maturity of chances.” But it all boils down to one basic, misguided belief: In games of chance, if a certain outcome hasn’t happened in awhile, it’s more likely to occur in the future.