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Reluctance to guess against (hedge) ideal outcomes.[forty six] Consumers are hesitant to guess from wished-for results which are related for their identification. Gamblers show reluctance to guess versus the good results in their desired U.S. presidential candidates and Main League Baseball, National Soccer League, Countrywide Collegiate Athletic Association (NCAA) basketball, and NCAA hockey teams. Greater than 45% of NCAA supporters in Scientific studies 5 and 6, For illustration, turned down a "totally free" actual $5 guess versus their workforce. From a psychological point of view, this kind of "hedge" generates an interdependence Predicament—a motivational conflict between a short-time period financial get along with the very long-expression Advantages accrued from emotions of identification with and loyalty into a situation, particular person, or team whom the bettor wants to triumph.
Bettors usually prefer to guess on favorites in athletic competitions, and sometimes will settle for even bets on favorites when presented much more favorable bets to the not as likely final result (e.g., an underdog team).[47]
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