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Bettors are likely to prefer to bet on favorites in athletic competitions, and occasionally will acknowledge even bets on favorites when available additional favorable bets around the less likely end result (e.g., an underdog workforce).[56]

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Optimism/Desirability Bias. Gamblers also exhibit optimism, overestimating the chance that sought after functions will occur. enthusiasts of NFL underdog groups, as an example, will prefer to wager on their own groups at even odds than to guess on the favourite, if the wager is $five or $50.[fifty seven]

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U.S. regulation precedents are rather similar.[20] For case regulation on recovery of gambling losses in which the loser experienced stolen the funds see "legal rights of proprietor of stolen dollars as in opposition to one who gained it in gambling transaction from thief".[21]

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