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)
What is the point actually of your question? There is a lot of dice sites which is can provide you this thing. Why choose moneypot dice? And I guess moneypot has many dice games which one do you choose? And what is the reason do you need everyone response? Because on each people has different responses and different limit on how much they are willing to lose or win
That is true, I should have been more specific with my question. I was actually asking about dice games only. What I meant by 50/50 was actually 2x odds. And the reason I chose moneypot is because they have a comprehensive list of all the bets placed. In addition, I think I should make clear what I am trying to do with this data: creating a strategic formula for investing in and divesting from the moneypot house depending on previous bets. Which leads me to another question. Perhaps you have heard the saying: the top 1% of people control 50% of the wealth. Now solve for x: the top x% of gamblers (on dice sites) account for 50% of the bet volume?