Emotional biases may skew one’s risk perception and misjudge probabilities, leading to suboptimal betting decisions and financial losses. This study employed the original 40-item GCI to assess gambling-related cognitive distortions such as Luck/Chance and Skill/Attitude as well as an upward counterfactual thinking question. Results demonstrated that individuals who believed more in their good fortune tend …
Margin investing allows you to purchase more securities than would be available using cash from your brokerage account alone. Unfortunately, however, buying on margin can incur associated costs that must be considered before proceeding with this strategy. Bookmakers’ odds always incorporate an element of profit for themselves as well as reflecting an event’s true probability …
Esports betting gives fans an exciting way to support their favorite teams and players. To do so safely and understand any associated risks, it is recommended that eSports bettors follow some best practices or recommendations as part of their gambling endeavor. Focus on one or two eSports games and master them thoroughly to become an …