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Preference for likely results. When gambles are chosen by way of a selection procedure – when individuals indicate which gamble they like from the set of gambles (e.g., get/shed, over/less than) – persons are likely to choose to wager on the end result that's more very likely to come about.

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As an example, gamers of marbles online games could wager marbles, and Furthermore games of Pogs or Magic: The Gathering could be performed Along with the collectible activity parts (respectively, small discs and trading cards) as stakes, leading to a meta-match concerning the worth of a participant's selection of parts.

Some speculative expenditure actions are significantly dangerous, but are sometimes perceived being distinct from gambling:

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