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Overcoming Cognitive Biases in Betting

Cognitive biases are common errors in thinking that can impact betting decisions. For example, confirmation bias is the tendency to seek out information that confirms our existing beliefs, while the gambler's fallacy is the belief that past events can predict future outcomes.

To overcome cognitive biases in betting, it is important to be aware of them and actively work to avoid them. This can involve seeking out diverse sources of information, avoiding making decisions based on past events, and being open to changing your beliefs based on new information.