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Ratio bias. Gamblers will choose gambles with worse odds that are drawn from a considerable sample (e.g., drawing a single red ball from an urn made up of 89 purple balls and 11 blue balls) to raised odds which can be drawn from a small sample (drawing one purple ball from an urn that contains nine purple balls and just one blue ball).[seventy one]
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Gambling business teams commonly strongly oppose higher-impact regulations and other steps that influence their commercial pursuits. Corporate political activity is common and successful in protecting the pursuits of those companies.
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