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Ratio bias. Gamblers will desire gambles with even worse odds which have been drawn from a sizable sample (e.g., drawing one crimson ball from an urn that contains 89 red balls and eleven blue balls) to better odds which might be drawn from a small sample (drawing 1 pink ball from an urn made up of 9 pink balls and a single blue ball).[60]
Gambling has been a major recreational exercise in fantastic Britain for hundreds of years.[eleven] Horseracing is a favourite topic for over three centuries.
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