It has been observed by psychologists that gamblers have a tendency to move away from more conservative bets to riskier, higher return bets at the end of the day. This is called quite simply end-of-the-day betting. What is true for gamblers can also be true in life. Those nearing the end of the road and sensing in their bones their approaching death may have a tendency to throw caution to the wind in order to gain an impressive pay out.
