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Reluctance to bet in opposition to (hedge) ideal outcomes.[forty six] Men and women are unwilling to guess towards wanted outcomes which are appropriate to their identity. Gamblers show reluctance to bet towards the results of their desired U.S. presidential candidates and Significant League Baseball, Nationwide Football League, Nationwide Collegiate Athletic Affiliation (NCAA) basketball, and NCAA hockey teams. Much more than 45% of NCAA lovers in Scientific studies 5 and six, By way of example, turned down a "free" authentic $5 guess in opposition to their team. From the psychological viewpoint, such a "hedge" creates an interdependence dilemma—a motivational conflict involving a short-term financial attain along with the very long-term benefits accrued from feelings of identification with and loyalty into a posture, person, or group whom the bettor desires to be successful.
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Just one could also bet with One more person who a press release is genuine or Phony, or that a specified event will materialize (a "back wager") or is not going to occur (a "lay guess") inside a specified time. This happens particularly when two folks have opposing but strongly held views on real truth or functions.
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