I think OP is confusing odds and EV. The odds of hitting the slot on a fair wheel is 1/38, however the EV is completely different since the multiplier is random, right? Not sure how the multiplier works, does it just pop up and that is random? If that is the case the key is 1/38 but the multiplier would be weighted. The 20x might hit 95% of the time and the 100x hit .10 % of the time. Just like most slots it would be near impossible to figure the EV since you don't know what the weights are. Game could still be +ev or it could be 75% return rate, not real sure how you would ever tell unless they tell you the odds of hitting each multiplier.
Not a gamblers fallacy at all, in fact not even close to a similar idea? The topic in regard is the weighted slots on a roulette wheel where it's very common tongue to equate a "fair" wheel (in which each slot has the same likely hood of hitting) to a "random" wheel.Quote: Canyonero
...What kind of gambler's fallacy is that?...