MMO video game term often used in EVE Online.
Definines someone whose playstyle involves very little or easily quantifiable risk. Often confused with players who PvE for ingame money.
Carebears are the players who are risk-averse and will only engage in PvP when the outcome is predictable (and ideally, profitable)
Did you see xyz players? They never fight without three to one odds! Huge carebears!
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