Ratio bias. Gamblers will choose gambles with worse odds which might be drawn from a considerable sample (e.g., drawing a person pink ball from an urn containing 89 crimson balls and 11 blue balls) to better odds which can be drawn from a small sample (drawing one particular purple ball from an urn that contains nine purple balls and one blue ball).[71]

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These races are not merely spectacles of equine excellence but also are golden chances for bettors to capitalize on.