Tag: fooled by randomness

Fooled by randomness

Acknowledging the angle offered by Nicolas Taleb, where he uses this phrase to write an entire book based on the fact the odd things happen more than they academically should, I would like to point out the same can happen in a football match.

Often I see people claiming to have found some new system for trading football. You know the sort, hold a chicken in your hand, put your head out the window and place a back bet …