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The gambler's fallacy: Why you keep betting even when you're losing

A man watching soccer and betting on his phone. (Courtesy/GettyImages)

Walking home with my son and a friend from a football match at the local stadium, we overheard two middle-aged ladies behind us, animatedly discussing the outcome of the weekend's English premier league matches.

This fascinated us and curiosity had me engaging them tongue in cheek to understand their interest and motivation.

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