Ratio bias. Gamblers will like gambles with worse odds which might be drawn from a considerable sample (e.g., drawing a single crimson ball from an urn containing 89 red balls and 11 blue balls) to higher odds which have been drawn from a little sample (drawing one particular crimson ball from an urn made up of 9 purple balls and a single blue ball).[forty nine]
Securities derivatives, such as choices or futures, in which the worth of the derivative is dependent on the value with the fundamental asset at a particular point in time (ordinarily the by-product's involved expiration day)
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Cases the place the possible return is of secondary worth for the wager/acquire (e.g. entering a raffle in aid of the charitable bring about)
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