Have you ever had a moment in your life where luck just seemed to be on your side and no matter what happened, you came out on top in some way? For those who like to gamble, you probably know this as a ‘hot streak’ or ‘hot hand.’ The idea is that when you get lucky consecutive times, there’s a good chance that luck will keep happening.

At first, it might seem like this type of phenomena is just that: luck. But a recent study focused around online gambling has discovered that ‘hot hands’ are actually a very real thing. When a person won a bet they had placed, their chances of winning again went up. At the same time, people who lost their bets had a greater chance of losing any more bets that they placed.

After analyzing 565,915 sports bets placed by 776 different online players throughout Europe and the U.S., they found that you have an equal chance of winning or losing, at around 48 percent for each (with the remaining 2 percent from each pool resulting from draws). So, when you start gambling, your chances are about 50/50, as one might expect.

But, after that first bet is placed, your chances shift either up or down. If you win, that 48 percent chance of winning again jumps up a tiny bit to 49 percent. However, after a second consecutive win, your chances of winning a third bet jumps to an impressive 57 percent. Then to 67 percent. Then to 72 percent. Then to 75 percent. Then, should you win your sixth bet, your chances of nailing the seventh goes up a small amount to 76%.

Crazy, right? Not as crazy as you might think. The theory is that after a player wins a hand, their fear of losing their next hand goes up, so they make a “safer” bet the second time. After each consecutive win, players continued making safer and safer bets in an effort to counteract their chances of losing.

Published in Cognition journal, the study also found that the opposite was true. When players lost their first and second bets, their chances of winning dropped from 48 percent to 40 percent. After losing four times, their chances of winning dropped to 27 percent. After six losses, their chances of winning dropped to 23 percent.

The theory behind this is that players would typically place bets that had a lower chance of success, but a higher payout if they won, and almost all of them expected to win because they’d lost the previous hand. (Of course, it was also seen that, on average, players tend to gamble less on the next hand following a loss).

The entire phenomena has been described as The Gambler’s Fallacy.” This idea says that whether you win or lose, you believe that your next bet will likely result in the opposite of what happened during your first bet (even though there’s an equal chance every single time).

"The result is ironic: Winners worried their good luck was not going to continue, so they selected safer odds," the researchers wrote. "By doing so, they became more likely to win. The losers expected the luck to turn, so they took riskier odds. However, this made them even more likely to lose. The gamblers’ fallacy created the hot hand."

What do you think about this phenomena? Have you ever had a ‘hot streak’ or a ‘cold streak’ while gambling or placing bets?

h/t PopSci

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It's Official: Researchers Say We Should Only Be Working 4 Days a Week

Those of us who have had, or currently have, a 9 to 5 job know incredibly well that the 3 o’clock crash is a very real thing. So many people work hard all morning only to find themselves bored, burnt out and killing time for the last two or three hours of the day until they’re off. Yet, people continue to crank out 60-70 hour work weeks.

K. Anders Ericsson, a prominent scientist in the field of work psychology, has done the experiments and says that most people are only capable of doing about 4 to 5 hours of work that is actually productive. Once they reach their productive “limit,” they become less productive and less focused.

"If you’re pushing people well beyond the time they can really concentrate maximally, you’re very likely to get them to acquire some bad habits. What’s worse, those bad habits could end up spilling into the time people are normally productive," Ericsson says.

CEO of Treehouse, Ryan Carson, decided to test this theory about ten years ago in 2006. He put in place a 32-hour work week and hasn’t gone back since. His employees are not only happier, but much more productive. This resonates with Ericsson’s findings that shorter work weeks helped boost productive output, worker retention, and overall personal and professional happiness.

The idea has also been tested in a school environment, as 4th and 5th grade students in Colorado were part of an experiment that saw their school week drop from five days to four. The results? Reading and math scores for the 4-day school week students went up by 6 percent and 12 percent when compared to students in the traditional 5-day school week.

"I think the idea that children will be fully concentrating during all their classes is unreasonable," Ericsson explains.

Much of the evidence suggests that simply finding new ways to redistribute the workload over the week can have major benefits for both schools and professional work environments. Many places have already begun doing so by offering their employees four 10-hour days instead of five 8-hour days. This not only gives people an extra day off, but also allows them a greater chance of avoiding rush hour traffic.

What do you think? Would you prefer a 4-day work week?

h/t BrightSide

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Photos: Stray Miniature Schnauzer is Taken in by Monastery, Becomes a Monk

It’s not everyday you see a miniature schnauzer dressed up like a monk. The adorable pup you see here is Friar Bigotón (Friar Moustache), and he’s the newest member of St. Francis Monastery located in Cochabamba, Bolivia.

Friar Moustache was once a stray dog wandering the streets until he was taken in by the kind monks at the monastery.

“His life is all about playing and running,” says fellow friar Jorge Fernandez. “Here, all of the brothers love him very much. He is a creature of God.”

Friar Moustache was even given a special ‘habit’ to wear around the monastery, denoting his status as a friar like the other monks. He can be seen regularly attending to his chores around the monastery, which includes giving sermons to the fish.

“If only all the churches of our country [would] adopt a dog and care for him like Friar Bigotón,” writes local animal rescue, Proyecto Narices Frías (Cold Nose Project). “We are sure that the parishioners would follow his example.”

How cute is this little monk dog?

Please share with friends and family who would love to see Friar Moustache’s new home at the monastery!

h/t BoredPanda

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5 Photos Showing Strange Things Happen When Bookstore Employees Are Bored

People tend to get creative when they’re bored and need to entertain themselves. Like the good folks at the Librairie Mollat in France, who actually started an Instagram page dedicated to their new favorite pastime: finding books that match up perfectly with their patrons’ faces and bodies.

We can see just how good they’ve gotten at pairing the right faces with the right books--the result being something that is different, yet still artful in its own capacity. Not to mention, it’s kind of hilarious and unsettling at the same time.

Perhaps even cooler is the fact that this particular bookstore was the first independent bookstore to open in Bordeaux, France, in 1896. Its employees are clearly set on only furthering its reputation of independence.

Check out the pictures here, let us know which ones are your favorite, and then head over to their Instagram account to see more!

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h/t Bored Panda

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3 Things You Need to Know About High-Functioning Depression

Depression is a very complex mental condition that affects everyone differently. Those of us who have suffered from depression before know just how insufferable it truly is.

For some, the condition is just like many people believe it to be: feeling apathetic towards everything, feeling fatigued and unmotivated, crying, avoiding people and friends, etc. For many others, depression hides behind a happy face and a well-to-do attitude--masks that cover up any trace of unhappiness.

These people are suffering from high-functioning depression. And it’s important to know the difference.

High-functioning versus low-functioning depression

Unlike people with low-functioning depression who struggle to get out of bed or even take a shower, high-functioning depression is when a person is seemingly quite well on the outside, but on the inside they are consumed by sadness.

Professor of psychiatry Carol Landau says that she typically sees high-functioning depression in people who have relatively good (or even enviable) lives who have achieved a lot.

"People often say being high-functioning is better than being low-functioning, but that’s not really true because the most important thing is for a depressed person to get help — which a high-functioning person is limiting herself from," Landau says.

It’s often kept hidden because of the stigma surrounding it

So many people in the world today live with high-functioning depression. Some have been doing it for almost all of their lives without anyone ever noticing. One of the main reasons this is has to do with the negative stigma surrounding depression as a mental health condition.

Have you ever told someone you’re depressed and they ask why you can’t just be happy? Or why can’t you just stop being depressed? Depression is a largely misunderstood condition and people automatically become uneasy when you tell them about how lifeless you feel inside and how nothing changes it.

Landau says she sees it a lot in women because of their need “to be caregivers,” something that contradicts them “admitting [that they] need help.”

Learning how to recognize depression

”You might have a friend who is cranky all the time, or who people think of as a “bitch,“ but inwardly that person is really struggling. Other subtle signs to look for: ironic or morose jokes or often seeming out of it. For me, it was irritability,” explains Landau, describing how depression can manifest in a person differently than we tend to believe.

If you think someone you know or love is battling with depression, the best ways to reach out are by asking simple questions, like “How are you doing right now?” followed up with neutral phrases like “you seem kind of out of it lately” or “you don’t seem like yourself.” People with depression often just want you to listen to them.

If you feel that it’s a good time to offer suggestions or advice, come prepared with recommendations for a therapist or something that might help them get out of their head-space. But, be prepared for them not wanting your help or to leave their depressive comfort. Many people will take it the wrong way when you suggest them seeking out help.

“There are so many different types of therapists, medications, apps, and other tools. That’s why it’s tragic that so many people don’t seek help.”

Mental health is something many of us take for granted until our own begins to decline or suffer. It’s a terrible feeling and one that is hard to shake. If you’re depressed, do not be afraid to reach out for help. If you think someone might be depressed, listen to what they have to say and see if you can help.

Above all else, we must take care of each other.

h/t Brightside

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