How confirmation affects the choice of bet
We often look for information that confirms the decision already made. Want to bet on the underdog — and immediately there is “evidence”: the leader’s injury, the team’s instability, inspiring examples. https://expertfreeprediction.com/the-psychology-of-the-underdog-bet-reasons-bettors-chase-longshots/ explains how the confirmation effect affects bets. My advice is to always look for counterarguments. Let someone try to dissuade you. This exercise helps to be objective. And be sure to read the article — it helps to understand how not to fall into the traps of your own thinking.
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A person tends to notice only the information that confirms the decision already made. This is not a conscious mistake, but part of psychology. We look for signs, details, arguments, even if they are not objective. This is natural - and sometimes prevents us from being honest with ourselves.