Gambler's fallacy
The term Gambler's fallacy refers to a misconception about statistics. It is also known Monte Carlo fallacy or fallacy of the maturity of chances. In statistics, a random event has a certain probability of occurring. The fallacy is that if the event has occurred more frequently in the past, it will occur less frequently in the future; or that if it has been less frequent in the past, it will be more frequent in the future.