Ratio bias. Gamblers will choose gambles with even worse odds which have been drawn from a sizable sample (e.g., drawing 1 crimson ball from an urn containing 89 red balls and eleven blue balls) to higher odds that are drawn from a small sample (drawing one particular purple ball from an urn made up of nine red balls and one blue ball).[sixty]
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Due-column betting – A variation on set income betting during which the bettor sets a focus on income then calculates a guess size that could make this gain, adding any losses into the goal.
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