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Emotional Factors

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Emotions can also have the opposite effect on gamblers, especially when they are tired and looking to make up for losses. ‘Loss Chasing’ is a common concern, in which a player seeks to make up for continued losses by chasing a substantial win. Cognitive biases such as the sunk cost fallacy, where individuals continue investing in a losing proposition due to the resources already commi... https://www.nfl-news.org/kr/

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