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)
There are lots of people who gamble with odds less than 50% One of which is the lottery, slots, rolette and scratch card. Gambler just laugh as a respond to a large losses, and when win some will make a party to celebrate. Others tend to chase their lose that result in further losses.