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Optimism/Desirability Bias. Gamblers also show optimism, overestimating the probability that sought after activities will happen. followers of NFL underdog teams, by way of example, will prefer to guess on their groups at even odds than to bet on the favorite, if the wager is $5 or $50.[58]
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S. and thus became a largely illegal activity, assisting to spur The expansion of the mafia and other felony corporations.[seventeen][18] The late twentieth century noticed a softening in attitudes in the direction of gambling as well as a leisure of guidelines from it. Regulation
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