A mathematician looks at the odds.
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Articles on Gambling
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Online in-play betting is likely to be a big growth area for the bookies, and consequently for TV stations. If legalised, what harm might this bring?
Harm minimisation policies should seek to reduce the poker machine gambling of everyone, not just problem gamblers.
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.
For many, the marriage of two American pastimes – gambling and sports – can be almost impossible to resist.
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.
Did you know Scotland were going to lose, or was it just hindsight bias?
You are now three times less likely to win the big prize. So why don’t we run for the hills?
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?
The gambling industry knows how to wield power, and does it with great expertise, backed by significant resources.
The fledgling industry faces a minefield that could undermine its valuation and growth.
England face a high stakes game to stay in the World Cup, but pro-gamblers can help
Most sports fans will enjoy a drink or a flutter during the Rugby World Cup, but the sport should not encourage risky behaviour.
While season-long fantasy football has been around for years, the rise of daily formats has radically changed how fans watch and root for teams.
At least 75% of those with a gambling problem have it because of poker machines in clubs or pubs. Yet we see little concern from the government about this group.
Sports betting hasn’t quite got the hold on Australians that poker machines have – yet. We can stop the harm from growing if we act early.
What if the worst thing a problem poker machine gambler could lose was time, instead of their mortgage? Welcome to the concept of actuarially fair gambling.
A Deal or No Deal-inspired experiment shows people act with excessive caution when they’re in the limelight.
Top contributors
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Associate Professor, School of Public Health and Preventive Medicine, Monash University
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Associate Professor, School of Business and Tourism, Southern Cross University
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Research Fellow, Centre for Aboriginal Economic Policy Research, Australian National University
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Emeritus Professor, University of Nottingham, (currently CEO and Senior Vice President of the PETRA Group), University of Nottingham
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Director of the International Gaming Research Unit and Professor of Behavioural Addiction, Nottingham Trent University
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Lecturer in the School of Psychological Science, University of Bristol
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Knight Chair in Sports Journalism and Society, Penn State
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Senior Lecturer (Geographic Information Systems), Fenner School of Environment and Society, Australian National University
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Principal Research Fellow, CQUniversity Australia
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Professor of Economics and Finance. Director of the Betting Research Unit and the Political Forecasting Unit at Nottingham Business School, Nottingham Trent University
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James Doughney is a Friend of The Conversation.
Emeritus professor, Victoria University
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Professor of Public Health, Deakin University
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Associate Professor of Markets, Public Policy and Law, Boston University
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Clinical Psychologist, University of Sydney
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Head, Experimental Gambling Research Lab, CQUniversity Australia
