Critical Gambling Studies (Jul 2022)

The Gambler’s Fallacy

  • Nahum Brown

DOI
https://doi.org/10.29173/cgs66
Journal volume & issue
Vol. 3, no. 2

Abstract

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I offer a conceptual study of Aristotle’s Sea Battle Paradox and propose that analysis of the paradox, as well as of its various solutions, can help to shed light on the psychology behind and the structure of the gambler’s fallacy. I compare Aristotle’s response to the paradox with Kierkegaard’s subsequent response in his chapter of Philosophical Fragments “Is the Past More Necessary than the Future?” I argue that proponents of each solution lead us to a different diagnosis of the gambler’s preoccupation with predetermination and future determination.

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