Ratio bias. Gamblers will want gambles with worse odds which can be drawn from a big sample (e.g., drawing just one pink ball from an urn that contains 89 purple balls and 11 blue balls) to better odds which might be drawn from a small sample (drawing just one pink ball from an urn made up of 9 pink balls and a single blue ball).[forty nine]
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Gamblers exhibit many cognitive and motivational biases that distort the perceived odds of gatherings Which affect their Choices for gambles. As an example, gamblers exhibit a high-priced aversion to betting in opposition to their favorite workforce or political prospect.[46]
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