Gambler’s fallacy http://en.wikipedia.org/wiki/Gambler%27s_fallacy
Exposing the Gambler’s Fallacy http://vegasclick.com/gambling/fallacy.html
St. Petersburg paradox
St. Petersburg paradox http://en.wikipedia.org/wiki/St._Petersburg_paradox
Simulation of the “st.petersburg paradox” http://www.mathematik.com/Petersburg/Petersburg.html
The St. Petersburg Paradox
http://www.econport.org/econport/request?page=man_ru_basics2
Experimental Discussion of the St. Petersburg Paradox
http://www.econport.org/econport/request?page=man_ru_experiments_stpetersburg
The St. Petersburg Paradox
http://plato.stanford.edu/entries/paradox-stpetersburg/
Betting Systems
Martingale betting system
http://en.wikipedia.org/wiki/Martingale_(betting_system)
http://www.wizardofodds.com/gambling/bettingsystems.html