The illusion of control bias refers to:  (a)None of the other answers are correct (b)A bettor thinking they have control over the outcome of a match/game (c)A bettor overestimating their ability to pick the outcome of a game (d)An individual with a gambling problem arguing they do not have a gambling problem

Managerial Economics: A Problem Solving Approach
5th Edition
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Chapter1: Introduction: What This Book Is About
Section: Chapter Questions
Problem 9MC
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The illusion of control bias refers to: 

(a)None of the other answers are correct

(b)A bettor thinking they have control over the outcome of a match/game

(c)A bettor overestimating their ability to pick the outcome of a game

(d)An individual with a gambling problem arguing they do not have a gambling problem

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