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Gamblers could exhibit a variety of cognitive and motivational biases that distort the perceived odds of events and that influence their preferences for gambles.
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Mounted-odds betting and Parimutuel betting frequently happen at numerous different types of sporting functions, and political elections. Furthermore a lot of bookmakers supply preset odds on a variety of non-sporting activities similar outcomes, such as the route and extent of movement of varied financial indices, the winner of television competitions which include Big Brother, and election final results.
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