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Loss aversion is a psychological bias where individuals feel the pain of losses more intensely than the joy of equivalent gains. We'll delve into how loss aversion can impact betting decisions, strategies for overcoming this bias, and the importance of maintaining a long-term perspective. How to watch all NRL games for free, The sports betting industry is part of a global ecosystem. We'll explore international regulatory trends, drawing parallels with other jurisdictions and considering how global developments might influence Australia's approach to sports betting regulation.
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