A lot of risk-return options are sometimes referred to colloquially as "gambling."[42] No matter if this terminology is appropriate is usually a subject of debate:
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Reluctance to guess from (hedge) sought after results.[forty six] Consumers are reluctant to guess more info in opposition to preferred outcomes which can be applicable for their identification. Gamblers show reluctance to bet in opposition to the achievements of their desired U.S. presidential candidates and Big League Baseball, National Soccer League, Countrywide Collegiate Athletic Association (NCAA) basketball, and NCAA hockey groups. More than 45% of NCAA lovers in Scientific studies 5 and six, For illustration, turned down a "absolutely free" real $five bet against their workforce. From the psychological point of view, such a "hedge" creates an interdependence dilemma—a motivational conflict involving a brief-term financial gain plus the extensive-expression benefits accrued from emotions of identification with and loyalty to a placement, particular person, or team whom the bettor desires to realize success.
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