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Optimism/Desirability Bias. Gamblers also exhibit optimism, overestimating the likelihood that wished-for situations will take place. enthusiasts of NFL underdog teams, one example is, will prefer to bet on their own groups at even odds than to bet on the favourite, whether or not the wager is $five or $fifty.[fifty eight]
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Securities derivatives, for instance options or futures, in which the value of the derivative is depending on the value of your underlying asset at a particular stage in time (typically the derivative's affiliated expiration day)
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