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)
1) I will just state my case when it terms on sportsbetting since I mostly played this than the usual house edge games. When it comes to
sportsbetting, everything above @1.8 is fine.
2) Depends again on that person as every gambler has different point of view on how will they respond in their losses. Again in my case, Im doing martingale in sports betting. No way you can hit the lossing streak for at least above 5 consecutive loss. If that's the case then better stay away from gambling now lol.