Splitting up big risks into many small risks is called: diminishing risk. risk break-up. risk spreading. O risk minimizing. A gamble that, on average, will leave a person with the same amount of money is known as: an equity wager. a zero gain bet. an equal option. a fair bet. a If a player has a Grim Trigger strategy, that player: is serious and firm in her quest to do whatever it takes to succeed, particularly if opposition from other players rises. cooperates if other players have cooperated in all previous rounds but defects if any player ever defects. becomes pessimistic if any other player gains an advantage that the player does not share in. o becomes hostile if she is the only player left in . the game