I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?
Basically, what I'm trying to figure out is:
1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)
Irrespective of whatever method anyone might use is still get down to the issue of chance and nothing else however some who have the opportunity to understand how it works are only able to increase their chance of winning and not with certainty that they will win and in the same vain reduce their chances of losing only base on chance... For the loss part, large is relative as what might be large to you might be peanut to another... My 2 cents...