Independent events do not keep a balance sheet. Three rainy match days do not make the next day due to be dry. A lottery is not 50/50 merely because there are two words, win and lose. The gambler's fallacy treats chance as if it owed a correction. The equal-odds slogan treats two labels as if they were two equal chances. Both skip the actual probability. Ask whether this trial is independent of the last one, and what the chance really is, not how the sentence was split.
Cognitive bias
Gambler’s fallacy
The gambler’s fallacy treats independent events as if they owed you a correction. After a run of one result, the other result feels “due.” If the events are independent, the run does not change the next chance.