A North American roulette wheel has 38 slots, of which 18 are red, 18 are black, and 2 are green. Suppose you decide to bet on red on each of 10 consecutive spins of the roulette wheel. Suppose you lose all five of the first wagers. Which statement is TRUE? We should get more spins of red on the next five spins of the wheel because we didn't get any on the first five spins.
What happened on the first five spins tells us nothing about what will happen on the next five spins.
The wheel is not working properly. It favors outcomes that are not red. Hence, during the next five spins of the wheel, we're likely to continue to see few red outcomes.
We're due for a win, so the sixth spin of the wheel is very likely to come up red.