ERP studies which have reported lower amplitudes in N2 during Balloon Analogue Risk Task [24] and in P3 during a visual discrimination task [26]. As the time range of theta power (200–500 ms) used in the present study includes the timing of both N2 and P3 components, and since theta activity is considered to be a major constituent of N2 and P3 [14,69,95], our finding of lower theta power in HR subjects is in line with previous ERP findings during reward processing in similar sample of at risk groups [67]. Although ERO measures, which underlie the P3 wave, have been shown to provide additional information to that offered by conventional ERP amplitude measures [4], comparison of both measures was beyond the scope of the current study.