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.
The important part is “internalizing” that one spin doesn’t influence the next. A red won’t be more likely after N blacks unless something specifically made it that way. Sequences like “long run of reds/blacks” don’t have any actual significance, but “seems like they should” because we’re heavily geared towards pattern matching.