That is a false assumption... Both male and female labs can and will have black on their fins... eggspots make no difference either... The only way to successfully sex yellow labs is by venting or unless you have a yellow carrying a mouthful of eggs.
That's bologna. I can look at a tank of juvi yellow labs and make a pretty accurate guess as to gender based on the amount of black coloration on the ventral fins. As the fish get older the differences become even more pronounced. Can females have some black on ventral fins? Sure, but not NEARLY the amount that males have. Can males have more of a "pale/white belly"? Absolutely, but not as pale white as most of the females. It's just like sexing any cichlid. You look at a combination of characteristics (fin shape, coloration, head shape) Any ONE of those factors can and will lead you astray, but when looked at them together you can usually make a pretty accurate guess.
Can't see all the ventral fins on that lab, but from what I can see, I vote male. Partsrep, check that fishes equipment and prove me right.

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