Chasing losses is an aggressive escalation of risk that can have disastrous financial repercussions. It usually involves increasing bet sizes as an attempt to recoup past losses – thus compounding them and increasing further. Understanding chasing losses and its dangers may help avoid it. Set a Budget No matter yourContinue Reading

Modern casinos rely on dedicated departments to oversee gaming operations, detect incidents of cheating and theft, protect their properties and safeguard patron safety. These security teams employ both human patrols and surveillance technologies to keep gaming patrons safe. An effective video surveillance system can aid casino managers and operators inContinue Reading

There are sights, sounds, including jingling coins, the unforgettable flashing lights, and the irresistibly primeval rush of dopamine, that together comprise a multi-sensory experience that players will be hard-pressed to forget. What is more, by virtue of the variable ratio reinforcement underlying them, the timing of slot machine wins isContinue Reading

The proliferation of online bingo game has been fueled by the affordability of smartphones and the extension of the mobile network coverage which provide more people with an opportunity to use it , thereby there is accessible in every part of globe. Online bingo is a social and fun gameContinue Reading

Cryptocurrencies have taken over online gambling in an unprecedented manner. Bitcoin has led this charge and crypto sports betting sites are at the vanguard of this exciting trend. Crypto sports betting stands out for its anonymity and security, eliminating middlemen that threaten your winnings with theft. What is Cryptocurrency? CryptocurrencyContinue Reading

Understanding Responsible Gambling: Tips for Safe Betting provides a guide of best practices that gamblers and gambling providers alike should adhere to in order to enjoy responsible gaming safely. Recommendations such as setting self-imposed limits, recording wins and losses accurately, avoiding high-stress behaviors and seeking assistance if any concerns areContinue Reading

Bingo, once a game largely associated with community centers and retirement homes, has undergone a remarkable transformation in recent years. The advent of innovative technology has propelled bingo into a new era, captivating a broader audience and revitalizing the gaming experience. From virtual reality enhancements to mobile applications, the nextContinue Reading

In this exploratory study, we will investigate how national culture impacts per capita gambling spending. Specifically, Hofstede’s dimensions of individualism and uncertainty avoidance will help us test our hypotheses. Expectations is that different cultural groups will view the gambler’s fallacy and hot-hand fallacy differently, providing us with a starting pointContinue Reading