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Meaning of Monte Carlo fallacy | Babel Free

Noun CEFR C1

Definitions

The fallacy, most often believed by gamblers, that a past random event influences the outcome of a future random event, that is, that a run of even numbers at roulette means that there is a greater chance of an odd number next time.

CEFR level

C1
Advanced
This word is part of the CEFR C1 vocabulary — advanced level.

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