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In contrast to overconfidence, some players fall into a state of "fear of losing", especially when they have experienced a long losing streak. At this point, they start to tend to be overly cautious, placing smaller bets to minimize losses. However, this fear can cause them to lose the chance of winning because they do not dare to bet on opportunities with high winning rates.

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play 'n go slotsThe Impact of Online Gambling Legalization in Countries

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Despite many challenges, legalized sports betting in all US states is an inevitable trend in the near future, with strong market development strategies from lawmakers and betting companies.

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In election betting, players bet on the outcome of elections, such as who will win the presidential election, or which party will win the most seats in parliament.