Reluctance to guess towards (hedge) wished-for outcomes.[59] individuals are hesitant to wager versus wanted outcomes which are applicable for their identification. Gamblers exhibit reluctance to bet towards the accomplishment of their preferred U.S. presidential candidates and key League Baseball, countrywide Football League, National Collegiate Athletic Affiliation (NCAA) basketball, and NCAA hockey groups. over forty five% of NCAA enthusiasts in scientific tests 5 and six, As an illustration, turned down a "free" authentic $5 wager towards their workforce. From a psychological point of view, such a "hedge" creates an interdependence dilemma – a motivational conflict concerning a brief-phrase monetary gain and also the long-phrase Added benefits accrued from emotions of identification with and loyalty to the placement, man or woman, or team whom the bettor desires to do well.
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Optimism/Desirability Bias. Gamblers also exhibit optimism, overestimating the probability that sought after events will manifest. admirers of NFL underdog teams, by way of example, will prefer to wager on their teams at even odds than to guess on the favourite, whether the bet is $five or $fifty.[fifty eight]
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