What the Fallacy?! (ELI5 Edition)
The Gambler's Fallacy
The Fallacy
Thinking that just because something happened a lot, the opposite is 'due' to happen next.
Why it's wrong
If you flip a coin and get heads 5 times, it doesn't mean the next one has to be tails. The coin doesn't remember what happened before.
Example
I rolled a 1, 2, and 3 on the dice. I'm totally going to roll a 6 next time because it's its turn!