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Optimism/Desirability Bias. Gamblers also exhibit optimism, overestimating the probability that preferred occasions will occur. supporters of NFL underdog groups, one example is, will prefer to guess on their own groups at even odds than to wager on the favourite, whether or not the wager is $5 or $50.[57]
Bettors have a tendency to choose to guess on favorites in athletic competitions, and from time to time will acknowledge even bets on favorites when made available extra favorable bets within the more unlikely result (e.g., an underdog team).[fifty six]
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