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What the passion of soccer fans reveals about economic decision making

by Sabri Ben-Achour , Chris Farrell and Erika Soderstrom

Dec 26, 2024

English Premier League fans bet on their favorite teams even against the odds, highlighting the role of emotion rather than rationality.

Arsenal fans at an English Premier League match in January. Love for a team may not lead to the best betting outcomes.

Justin Setterfield/Getty Images

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