Gamble Plays Roulette

It looks like you've got your work cut out for you, initiate. Your contact, Joseph Gamble, has decided to start his night off by trying his luck at the roulette table. Despite your urging that he reconsider, Gamble is confident that with you advising him, he is certain to make rational decisions. Before Gamble places his bet, he takes a seat at the table and makes some observations. Gamble reports to you that there are thirty-seven slots that the roulette ball could fall into, labeled zero through thirty-six. There are an even number of red and black spaces. Gamble excitedly informs you that the past five spins have all landed on red. He reasons that, since there is about a fifty-fifty chance of the ball landing on either red or black, and the ball has landed on red five time in a row, then certainly there's very little chance of the ball landing on red again. Gamble wants to make a large bet on black, but wants to confirm his decision with you first. What do you think? Is Gamble's logic sound?

Yes

No