Gamblers Delude Themselves

"Above the roulette tables, screens listed the results of the most recent 20 spins of the wheel. Gamblers would see that it had come up black the past eight spins, marvel at the improbability, and feel in their bones that the tiny silver ball was now more likely to land on red. That was the reason the casino bothered to list the wheel's most recent spin: to help gamblers to delude themselves." - in Liar`s Poker, excerpt from the "The Hangover: How Las Vegas Explains the Past and Future of the Economy"