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Optimism/Desirability Bias. Gamblers also show optimism, overestimating the likelihood that wished-for events will occur. Fans of NFL underdog teams, such as, will prefer to guess on their own groups at even odds than to bet on the favourite, whether the guess is $five or $fifty.[fifty eight]
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Ratio bias. Gamblers will prefer gambles with worse odds that happen to be drawn from a considerable sample (e.g., drawing one particular pink ball from an urn made up of 89 purple balls and 11 blue balls) to higher odds which might be drawn from a small sample (drawing a person purple ball from an urn containing 9 crimson balls and one blue ball).[60]
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