Are regular bettors and the house helped or hurt when deep-pocketed, high-volume computer-assisted bettors are wagering? Mathematicians used game theory to model this new wrinkle in parimutuel betting.
Online wagering is likely to be very harmful to a new generation of gamblers who habitually use mobile devices. It has the capacity to be very high intensity.
The tennis world is the latest sport to be rocked by allegations of corruption, this time by reports of match fixing. So who are the winners and losers when such allegations are made?
Law firm Maurice Blackburn that plans to use Australian consumer law to argue that poker machine operators are engaging in misleading and deceptive conduct to trick gamblers into using poker machines.
Australians seem uniquely vulnerable to the siren call of poker machines. Here are 15 reasons that suggest why this is so, what impact it has, and what can be done about it.
Some clubs provide genuine benefits to their communities. Unfortunately, clubs have developed significant poker machine dependency – an average of about 60% of total revenue.
The basic characteristics of pokies, combined with constantly refined game features, provide a stimulus to the brain that, in many cases, leads to a form of addiction.
The favourite in the betting won has almost every single US presidential election since 1868 and more recently the Academy Awards. But how well can the market predict the Nobel Prize winners?
Professor of Economics and Finance. Director of the Betting Research Unit and the Political Forecasting Unit at Nottingham Business School, Nottingham Trent University