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a form of reason acquired by spending far too much time at a casino. a player, typically down a considerable amount of money, will use any excuse possible to convince themself that the odds are far greater in their favor than they are. It is normally accompanied by multiple superstitions.
Guy 1: Dude did you just put all of your rent money down on black??

Guy 2: Yeah man, it's hit red 4 times in a row so I'm pretty much guaranteed to win.

Guy 1: WTF? Your casino logic is going to make us homeless.
by John Coktoastin October 17, 2009
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