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The idea of a machine being “hot” or “cold” is purely a psychological phenomenon, and players should be cautious about making decisions based on these beliefs. Many gamblers also fall victim to the gambler’s fallacy, which is the belief that past events can influence future outcomes in games of chance. For example, if a coin has landed on heads several times in a row, some players may believe that tails is “due” to occur. This line of thinking is flawed, as each flip of the coin is independent, and the odds remain the same regardless of previous results.