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Gamblers exhibit numerous cognitive and motivational biases that distort the perceived odds of occasions and that influence their preferences for gambles. Gamblers usually gamble to try to win back cash they've misplaced, and some gamble to relieve emotions of helplessness and anxiousness. Fixed profits – the stakes range based on the percentages to ensure the same revenue from every successful selection. Betting exchanges permit shoppers to both again and lay at odds of their alternative. Similar in some methods to a stock exchange, a bettor may want to again a horse or lay a horse .

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