For the past several years Americans have been increasingly exposed to predatory gambling, the practice of using gambling to prey on human weakness for profit. Unfortunately, rather than protect the vulnerable, state governments are colluding with the profiteers to exploit their citizens. For-profit gambling, or commercial gambling, is illegal unless granted special legal exemption by the government — which many states are increasingly willing to provide. Read more here.
The WAGER, Vol. 27(1) – Wait, I’m in the red? Gamblers’ difficulty in estimating their gambling outcomes
Feb 5, 2022
A recent study by American Psychological Association of online gamblers found: 69.6% underestimated their betting frequency by more than 10%. 64.8% underestimated their losses. Read more here.