A coin has been flipped 5 times in a row, and every time it landed HEADS.
What will happen on the sixth flip?
Who thinks tails is more likely now? Raise your hand!
Every flip is independent.
The probability of heads is always 50%
It does not matter what happened before.
"It landed red five times already, so now it has to be black!"
That is exactly how people think in a casino, and lose.
This is the gambler's fallacy