Sports bettors' success depends on the ability to accurately assess the true probability of outcomes. Successful racetrack bettors can realize returns better than the track take out. Historical empirical evidence shows the presence of favorite-longshot bias (FLB) in horse racing where bettors...

Approximately 10% of human beings are left handed, although the incidence rate dif fers as a function of sex, age, and culturelgeographical locations. Studies reveal that (a) the incidence of left handedness is more common in Euro-American than in Orien tal (India, Japan, China) cultures, (b)...