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Bettors often prefer to bet on favorites in athletic competitions, and often will accept even bets on favorites when offered additional favorable bets to the not as likely end result (e.g., an underdog staff).[forty seven]
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Optimism/Desirability Bias. Gamblers also exhibit optimism, overestimating the chance that desired functions will happen. Supporters of NFL underdog groups, for instance, will choose to guess on their own groups at even odds than to bet on the favorite, whether the guess is $5 or $50.[forty eight]
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