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The main was that mobsters who’d been managing unlawful gambling rings in other cities could make legal income from gambling in Las Vegas. Till the nineteen seventies, Nevada was the only state with authorized casino gambling.
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Ratio bias. Gamblers will like gambles with worse odds which can be drawn from a sizable sample (e.g., drawing a single pink ball from an urn made up of 89 pink balls and eleven blue balls) to higher odds which can be drawn from a small sample (drawing just one purple ball from an urn made up of 9 red balls and one blue ball).[64]
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