Nassim Nicholas Taleb, statistician, risk analyst, former currency trader, and the author of many best-selling books, coined the term “Green Lumber Fallacy” in his book Antigragin: Things That Gain from Disorder in 2012. The term refers to the human tendency of misunderstanding the factors which are not important and which […]
Are you reluctant to let in new information for your betting analysis? Do you only incorporate ideas and info that sustain your preconceptions? If a resounding ‘YES’ is the answer to both the questions, you have a syndrome called conservatism bias. This bias is a cognitive trap that is quite […]
“Baseball is 90 percent mental” Yogi Berra Though he said it about baseball, it applies to all sports and sports betting alike. Ask any professional gambling expert and he will tell you that the real and toughest opponent always resides in one’s head. This common and praiseworthy component of professional […]
