I can accept the fact that on a Roulette wheel (as long as there are no defects or imbalances in the wheel or ball) that the odds are the same each spin and previous spin outcomes have no influence over the current spin. However, if I see black come up 32 times in a row I am betting on red for the next spin.
Its not a fallacy. The problem is that in a perfect world, stuff is truly random. In the real world, things have biases.