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Bettors have a tendency to choose to guess on favorites in athletic competitions, and in some cases will accept even bets on favorites when presented extra favorable bets around the less likely consequence (e.g., an underdog crew).[fifty seven]
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Ratio bias. Gamblers will favor gambles with worse odds which are drawn from a large sample (e.g., drawing a single crimson ball from an urn made up of 89 crimson balls and eleven blue balls) to better odds that happen to be drawn from a little sample (drawing one particular red ball from an urn containing 9 purple balls and 1 blue ball).[60]
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