Quotes About Long-shot

If anyone can pull off a long-shot win against Gov. Phil Murphy, it's Jack Ciattarelli, a former state legislator and small-business owner, with a plan to drive down the cost of living.

People's emotional response to extremely long odds led them to reverse their usual taste for risk, and to become risk seeking when pursuing a long-shot gain and risk avoiding when faced with the extremely remote possibility of loss. (Which is why they bought both lottery tickets and insurance.)