[jbayko]

Originally <a href='https://www.sportsbookreview.com/forum/showthread.php?p=27755378'>posted</a> on 05/01/2018:

You are only winning money on it if you bet it before it became a trend. That's why trends are dangerous. They don't mean a thing if you start betting after the trend is over....and you never know when the trend will end because it's not predictive.

This is exactly right. People falling for trends is an extension of the "hot hand fallacy".

All bettors would do well to time to studying all of the various human cognitive biases that are working against them on every decision they make, most often without being aware of it. Each of us believes that we're always thinking rationally, but our brains have evolved to do some strange stuff that makes sense (or made sense at one point in time) from a survival of the fittest standpoint.