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Gambling has been a major leisure activity in terrific Britain for centuries.[eleven] Horseracing has actually been a favourite topic for over three centuries.
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Ratio bias. Gamblers will like gambles with even worse odds which have been drawn from a significant sample (e.g., drawing just one red ball from an urn that contains 89 red balls and 11 blue balls) to better odds which can be drawn from a little sample (drawing one particular pink ball from an urn made up of nine pink balls and a person blue ball).[60]
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