Journal of gambling studies
Publisher:
Human Sciences Press, Inc.,
Frequency: Quarterly
Country: United States
Language: English
Author(s):
National Council on Problem Gambling (U.S.), University of Nevada, Reno. Institute for the Study of Gambling and Commercial Gaming.
Start Year:1990 -
ISSN:
1050-5350 (Print)
1573-3602 (Electronic)
1050-5350 (Linking)
1573-3602 (Electronic)
1050-5350 (Linking)
Impact Factor
2.4
2022
| NLM ID: | 9425991 |
| (DNLM): | SR0068900(s) |
| (OCoLC): | 21533381 |
| Coden: | JGSTEM |
| LCCN: | sf 94090304 |
| Classification: | W1 JO662S |
An empirical study of the impact of complexity on participation in horserace betting. The aim of the research reported in this paper was to explore empirically whether levels of participation in horserace betting are affected by the complexity of the betting task. The study employed a systematic random sample of 1161 betting decisions made in UK offcourse betting offices during 1987. The research was conducted in a naturalistic setting where it was possible to grade complexity and to measure levels of participation. Complexity was defined in terms of both the number of alternatives in the decision-maker's choice set (number of horses in a race) and the complexity of the attribu...
The ethics of parimutuel systems. One strand of the moral case for the superiority of parimutuel systems of betting over bookmaking emphasises that, as the name implies, the bettors are betting amongst themselves and that there is no discrimination against any individual bettor or groups of bettors. This claim is undermined by three deviations from the pure parimutuel principle found in many systems. Given that there is a close inverse relationship between the income/wealth of bettors and the average odds of the bets they place, the three deviations-higher deductions from long odds ("exotic") pools, higher deductions from pool...