Harvard Study Reveals the Latest Gambling Trends
The latest online gaming research from Harvard Medical School has just been released, revealing some interesting facts about the differences between men and woman when it comes to web wagering.
According to the study (Assessing the Playing Field: A Prospective Longitudinal Study of Internet Sports Gambling Behaviour) which looked at over 40000 gamblers over a 32 week period, high-staking female sports bettors have a higher success ratio compared to their male internet counterparts.
The typical online female sports gambler wagers an average of 15 Euros, compared to the 11 Euros in males. In addition, women were found to lever their potential betting returns by placing 15% more wagers in a defined time period. However, because approximately 90% of the surveyed population were men, the results may be affected by the uneven sample – but nevertheless, woman appear to be more successful and dynamic sports wagers!
Perhaps the most revealing insight gained from the research was the fact that gamblers placing big money wagers displayed a 50% higher probability of winning, compared to regular gamblers. Gamblers using 1 Euro wagers typically lost nearly 20% of wagers, compared to just 9% in those using 44 Euro stakes. It is speculated that this fact reflects the level of research behind the bigger wagers, in addition to the presence of professional gamblers.
One word of caution from the researchers is the affects of losing on wagering levels – according to the study, frequent losses do not moderate wagering levels. The take home message is to always play with a budget and cash you can afford to lose. However, the research also highlighted that internet gambling was not found to promote obsessive or problem gambling in the sample assessed.
The real eyebrow raiser is the fact females appear to be better gamblers than men. Further research is likely to reveal more data in other gambling sectors such as casino gaming… or you could just hit the casino yourself and put the theory to the test.