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Reluctance to guess in opposition to (hedge) wanted outcomes. Consumers are unwilling to wager in opposition to preferred outcomes that happen to be suitable for their identity. Gamblers show reluctance to guess towards the success in their chosen U.S. presidential candidates and Main League Baseball, Nationwide Soccer League, National Collegiate Athletic Association (NCAA) basketball, and NCAA hockey groups. Much more than forty five% of NCAA followers in Research 5 and 6, for instance, turned down a "absolutely free" authentic $five wager versus their workforce. From the psychological standpoint, this type of "hedge" creates an interdependence dilemma—a motivational conflict concerning a short-phrase monetary obtain and also the extensive-time period Gains accrued from emotions of identification with and loyalty to your place, particular person, or group whom the bettor needs to realize success.
 The result of your wager is commonly rapid, such as a single roll of dice, a spin of the roulette wheel, or perhaps a horse crossing the complete line, but longer time frames are also frequent, allowing wagers on the result of the long run athletics contest or simply an entire sporting activities period.
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