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Will you lose more when there are lots of people at the casino?

Eric Barker
October 7, 2010

The Social Facilitation Effect shows performance on many simple tasks is enhanced by crowds of onlookers or co-actors (others performing the same activity). Previous experimental research has shown that Electronic Gaming Machine (EGM) betting behavior is intensified by the belief that others are gambling along with the subject (Rockloff and Dyer, J Gambl Stud 23(1):1–12, 2007). The present study extends these findings by simulating crowds of differing sizes using a fake video-conference along with a live confederate who gambles concurrently with the subjects. Fifty-four male and 81 female subjects aged 18–82 (M = 46.9, SD = 16.7) played a laptop simulated 3-reel EGM using a $20 stake in 3 conditions: (1) alone, (2) in a simulated group of 5 persons plus 1 live confederate, or (3) in a simulated group of 25 persons plus 1 live confederate. The EGM outcomes were rigged with a fixed 20 trial winning sequence followed by an indefinite losing sequence. As hypothesised, gambling intensity, as measured by trials played, speed of betting and final payouts, was progressively greater with larger crowd sizes (P < .05). In contrast, bet-size was slightly lower with larger crowds. The results suggest that gambling venues with more players tend to increase gambling persistence and contribute to greater long term monetary losses.

Source: “The Social Contagion of Gambling: How Venue Size Contributes to Player Losses” from Journal of Gambling Studies

For great sports gambling stories, I recommend this book.

A friend of mine who knows a lot about gambling recommends Cash Games (How to Win at No-Limit Hold’em Money Games) Vol. 1 for poker players.

Related posts:

How to quickly and easily improve your blackjack game.

What do you buy when you buy a lottery ticket?

If you give away a lottery ticket, is it more likely to win?

You should follow me on Twitter here. You can also subscribe to the blog’s feed or follow on Facebook. Here are the site’s most popular posts of all time.


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Title Will you lose more when there are lots of people at the casino?
Author Eric Barker
Date October 7, 2010 5:23 PM UTC (13 years ago)
Blog bakadesuyo
Archive Link https://theredarchive.com/blog/bakadesuyo/will-you-lose-more-when-there-are-lots-of-people.16700
https://theredarchive.com/blog/16700
Original Link https://www.bakadesuyo.com/2010/10/will-you-lose-more-when-there-are-lots-of-peo/
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