Monte carlo fallacy



1957, named for resort in Monaco famous for its gambling casinos. The fallacy of thinking that the probability of a particular outcome rises with the successive number of opposite outcomes. Contrary to the Monte Carlo fallacy, if the roulette wheel stops on black 99 times in a row, the chances that the 100th spin will be red are still just under 50-50.

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  • Monte-carlo-method

    noun, Statistics. 1. a technique for numerically approximating the solution of a mathematical problem by studying the distribution of some random variable, often generated by a computer. noun 1. a heuristic mathematical technique for evaluation or estimation of intractable problems by probabilistic simulation and sampling

  • Monte-cassino

    [mawn-te kahs-see-naw] /ˈmɔn tɛ kɑsˈsi nɔ/ noun 1. a monastery at Cassino, Italy: founded a.d. c530 by St. Benedict and destroyed by Allied bombings in 1944. /ˈmɒntɪ kəˈsiːnəʊ; Italian ˈmonte kasˈsiːno/ noun 1. a hill above Cassino in central Italy: site of intense battle during World War II: site of Benedictine monastery (530 ad), destroyed […]



  • Monte-corno

    [mawn-te kawr-naw] /ˈmɔn tɛ ˈkɔr nɔ/ noun 1. a mountain in central Italy: highest peak in the Apennines, 9585 feet (2922 meters). /Italian ˈmonte ˈkorno/ noun 1. See (Monte) Corno

  • Monte-cristo

    [mon-tee kris-toh] /ˈmɒn ti ˈkrɪs toʊ/ noun 1. a sandwich containing slices of ham, chicken, and Swiss cheese, dipped in beaten egg and fried until brown. noun a sandwich of ham, turkey, and Swiss cheese between batter-dipped grilled or fried bread and served with jelly, mustard sauce, syrup, or powdered sugar; also written Monte Cristo […]



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