# Many recent studies of Internet gambling particularly

Save this PDF as:

Size: px
Start display at page:

## Transcription

3 GLRE ver9-Auer_1P.3d 04/09/12 2:46pm Page 3 THEORETICAL LOSS AND GAMBLING INTENSITY 3 T2 c specific game-preference pattern. On real world platforms, it is known that gamblers also play a variety of different games. 3 Once the game preferences have been determined, up to 5,000 games per player were simulated. Each simulated player has an individual number of games simulated. The drawing of games happens according to the game preference pattern. Finally, the bet size per game being played has to be determined. Each player s range of bet size follows in a specific interval. The minimum bet size for each player is a natural number drawn from the interval (1:100). To compute the maximum bet size, a natural number between 0 and 100 is drawn and added to the minimum bet size. Data analysis The data analysis was performed with the statistical package R. R is a language and environment for statistical computing and graphics. It is a GNU project that is similar to the S language and environment that was developed at Bell Laboratories (formerly AT&T, now Lucent Technologies). RESULTS The explanatory quality of bet size and number of games with respect to the theoretical loss can most easily be determined by performing a correlation analysis. Table 2 shows the amount of variance of the theoretical loss explained by bet size and number of games played. Table 2 represents the results for different numbers of players, wagering on up to 5,000 single games and playing up to 13 different game types. The amount bet also varies Table 2. Explained Proportion of Theoretical Loss by Bet Size and Number of Games Played for Different Numbers of Players n Bet Size Number of Games Played % 38% 1,000 61% 32% 5,000 58% 34% 10,000 56% 32% 50,000 56% 34% 100,000 56% 32% 200,000 56% 32% 300,000 56% 32% R 2 Table 3. Explained Proportion of Theoretical Loss by Bet Size and Number of Games Played for Different Numbers of Games Played # Games Bet Size Number of Games Played [1:50] 52% 29% [1:100] 55% 31% [1:1,000] 56% 32% [1:2,500] 56% 32% [1:5,000] 56% 32% from 1 to 200 monetary units. It may clearly be seen that the R 2 converges to a specific value for both parameters. The simulation showed that bet size explains 56% of the variance of the theoretical loss, while the number of games played explains 32% of the variance of the theoretical loss. This means that when using bet size alone, 44% of the gambling behavior remains unexplained. When using the number of games played alone, 68% of the variance is left unexplained. The error when using bet size or the number of games played is considerable; it is clearly not justified to use only one of these two indicators as a measure of gaming intensity. All conclusions that have been drawn from previous studies should therefore be treated with considerable caution, as a large amount of the behavior has not been accounted for. Table 2 clearly shows that the explained variance converges towards the two values 56% (bet size) and 32% (number of games played). Another flexible parameter is the number of single games being played per individual. In Table 2, this number was drawn from the uniform distribution (1:5,000). In Table 3, the number of players simulated was fixed at 300,000, but the number of games played was varied. The first two values of R 2 (52% and 29%) are the results from restricting the maximum number of single games played per individual to 50. The higher the number of single games, the more valid the result. For up to 1,000 single games, the two values of R 2 remain stable (see Table 3). 3 H. Wardle, A. Moody, M.D. Griffiths, J. Orford, and R. Volberg, Defining the online gambler and patterns of behaviour integration: Evidence from the British Gambling Prevalence Survey 2010, 11 Int l Gambling Stud (2011). R 2 b T3

4 GLRE ver9-Auer_1P.3d 04/09/12 2:46pm Page 4 4 AUER ET AL. Table 4. Contingency Table of Theoretical Loss and Bet Size Bet Size Total Theoretical Loss 1 23,687 5, , ,583 13,384 7,295 2, , ,195 8,941 6,987 3,622 1, , ,085 6,178 6,999 6,267 4,026 1, , ,299 5,275 5,896 5,721 4,167 2,382 1, , ,885 4,419 4,777 5,430 5,440 4,445 2, , ,744 4,466 4,665 5,230 5,433 4,565 2,333 30, ,022 4,778 5,152 5,594 6,017 4,486 30, ,022 5,467 6,348 6,706 7,324 30, ,791 4,587 8,586 14,375 30,000 Total 29,998 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30,000 30, ,998 T4 c Another way of demonstrating the difference between theoretical loss, bet size, and number of games played is via a contingency table (see Table 4). The contingency table was produced from the simulation comprising 300,000 players playing a maximum of 5,000 single games each. Players were grouped into 10 groups according to theoretical loss and bet size. There was a correlation between the two measures, but was clearly far from perfect. Of the 30,000 most gaming intense players with respect to theoretical Lloss, 14,375 of them are also among the most gaming intense players with respect to bet size (therefore, 15,625 are not). The difference is even greater for moderate gamblers. For example, of the 30,000 gamblers in Group 6 of the theoretical loss group (see Table 4), only 5,430 are also in Group 6 of the bet size group. The error here amounts to 82% ((30,000 5,430)/ 30,000). Table 5 shows that the concordance between theoretical loss and number of games is even less. Of the 30,000 most gaming intense players with respect to theoretical loss, only 8,649 are also among the most gaming intense players with respect to bet size (therefore, 21,351 are not). This amounts to an error of 71% ((30,000 8,649)/30,000). DISCUSSION As far as the authors are aware, no paper published in the gambling studies literature has used theoretical loss as a measure of gambling intensity, and when gambling intensity has been examined, proxy measures, such as bet size and/or number of games played have been incorporated. The hypothesis that the robustness of bet size and number of games played as measures of gambling intensity b T5 Table 5. Contingency Table of Theoretical Loss and the Number of Games Played Bet Size Total Theoretical Loss 1 20,203 5,220 1, , ,783 9,199 5,169 2,954 1,980 1, , ,108 6,859 6,275 4,425 3,121 2,291 1,785 1,253 1, , ,333 5,509 4,986 3,998 3,085 2,452 2,086 1,590 1,315 30, ,511 4,220 4,772 4,472 3,851 3,163 2,699 2,233 1,904 30, ,218 2,988 4,143 4,285 4,314 3,976 3,421 3,003 2,618 30, ,173 3,336 3,844 4,318 4,245 4,126 3,853 3,565 30, ,226 2,503 3,421 4,193 4,574 4,684 4,711 4,546 30, ,567 2,930 3,827 4,527 5,068 5,659 5,962 30, ,268 2,552 4,115 5,678 7,283 8,649 30,000 Total 29,953 30,055 30,002 30,045 29,893 30,069 29,997 29,924 30,059 29, ,934

5 GLRE ver9-Auer_1P.3d 04/09/12 2:46pm Page 5 THEORETICAL LOSS AND GAMBLING INTENSITY 5 would decline as gaming becomes more hybrid was confirmed. This article demonstrates that previous measures used are inadequate for explaining players gambling intensity and that theoretical loss appears to be the most reliable and robust indicator of gaming intensity. The results presented using a concise simulation study clearly demonstrate that neither bet size nor (particularly) number of games played are robust measures of gambling intensity. This suggests that future studies should not consider such variables as proxy measures for gambling intensity, and that theoretical loss is a much more robust measure. In order to make statements about overall gambling behavior, a complete view of gambling behavior has to be generated (including, for example, sports betting, casino games, and poker). Results from previous studies outlined in the introduction were only derived singularly for sports betting, casino, or poker playing behavior. The analysis in the study presented here clearly demonstrates that researchers in the gambling studies field need to examine individual gambling behavior across all game types and not just one type.

6 GLRE ver9-Auer_1P.3d 04/09/12 2:46pm Page 6 AUTHOR QUERY FOR GLRE VER9-AUER_1P AU1: Please confirm author titles at a2mlab.

### Internet Gambling: An Emerging Field of Research

Internet Gambling: An Emerging Field of Research By Christine Reilly and Nathan Smith National Center for Responsible Gaming The fastest growing form of gambling in the world is online gambling. According

### Exploring the opportunities and impacts of Internet gambling

Southern Cross University epublications@scu School of Tourism and Hospitality Management 2011 Exploring the opportunities and impacts of Internet gambling Sally M. Gainsbury Southern Cross University Publication

### Michael Auer & Mark D. Griffiths

Voluntary Limit Setting and Player Choice in Most Intense Online Gamblers: An Empirical Study of Gambling Behaviour Michael Auer & Mark D. Griffiths Journal of Gambling Studies ISSN 1573-3602 DOI 10.1007/s10899-012-9332-y

### (SEE IF YOU KNOW THE TRUTH ABOUT GAMBLING)

(SEE IF YOU KNOW THE TRUTH ABOUT GAMBLING) Casinos loosen the slot machines at the entrance to attract players. FACT: This is an urban myth. All modern slot machines are state-of-the-art and controlled

### Introduction to the Rebate on Loss Analyzer Contact: JimKilby@usa.net 702-436-7954

Introduction to the Rebate on Loss Analyzer Contact: JimKilby@usa.net 702-436-7954 One of the hottest marketing tools used to attract the premium table game customer is the "Rebate on Loss." The rebate

### GAMBLING ADDICTIONS ON THE INTERNET

GAMBLING ADDICTIONS ON THE INTERNET Dr Mark Griffiths Professor of Gambling Studies International Gaming Research Unit Psychology Division, Nottingham Trent University United Kingdom mark.griffiths@ntu.ac.uk

### The impact of social media gambling sites on youth: Should we be concerned?

The impact of social media gambling sites on youth: Should we be concerned? Jeffrey L. Derevensky, Ph.D. Professor, School/Applied Child Psychology Professor, Psychiatry International Centre for Youth

### Is online gambling on state regulated websites safer? An analysis of the first national survey on online gambling

Is online on state regulated websites safer? An analysis of the first national survey on online J E AN - M I C H E L C O S T E S, French M o n i t o r i n g C e n t r e f o r G a m b l i n g ( O D J )

### Social media gambling amongst youth: Parental, operator or regulatory responsibility. McGill University www.youthgambling.com

Social media gambling amongst youth: Parental, operator or regulatory responsibility Jeffrey L. Derevensky, Ph.D. Professor, School/Applied Child Psychology Professor, Psychiatry International Centre for

### Social Facilitation in Online and Offline Gambling: A Pilot Study

DOI 10.1007/s11469-010-9281-6 Social Facilitation in Online and Offline Gambling: A Pilot Study Tom Cole & Douglas J. K. Barrett & Mark D. Griffiths # Springer Science+Business Media, LLC 2010 Abstract

### TABLE OF CONTENTS. ROULETTE FREE System #1 ------------------------- 2 ROULETTE FREE System #2 ------------------------- 4 ------------------------- 5

IMPORTANT: This document contains 100% FREE gambling systems designed specifically for ROULETTE, and any casino game that involves even money bets such as BLACKJACK, CRAPS & POKER. Please note although

### Author's personal copy

DOI 10.1007/s10899-012-9306-0 ORIGINAL PAPER Gamblers Habits: Empirical Evidence on the Behavior of Regulars, Newcomers and Dropouts Ingo Fiedler Ó Springer Science+Business Media, LLC 2012 Abstract Electronic

### Online Gambling. The main forms of online gambling are online wagering and online gaming.

Online Gambling The main forms of online gambling are online wagering and online gaming. Online wagering is comprised of betting on racing (thoroughbred, harness and dog), sports betting (such as the outcome

### Online Gambling: The State of Play

Online Gambling: The State of Play EXECUTIVE SUMMARY Rapid expansion of internet technologies, combined with the increasing availability and accessibility of online or interactive gambling present some

### INTERNET GAMING MRS. AMINA MAKNOON DIRECTOR OF LEGAL SERVICES BETTING GAMING AND LOTTERIES COMMISSION

INTERNET GAMING MRS. AMINA MAKNOON DIRECTOR OF LEGAL SERVICES BETTING GAMING AND LOTTERIES COMMISSION What is Internet Gaming? The term internet gaming is often used interchangeably with internet or online

### AMS 5 CHANCE VARIABILITY

AMS 5 CHANCE VARIABILITY The Law of Averages When tossing a fair coin the chances of tails and heads are the same: 50% and 50%. So if the coin is tossed a large number of times, the number of heads and

### Executive summary. Participation in gambling activities (Chapter 2)

Executive summary This report presents results from the British Gambling Prevalence Survey (BGPS) 2010. This is the third nationally representative survey of its kind; previous studies were conducted in

### International Conference Gambling in the Czech Republic and its New Regulatory Framework. Gambling Risks

October 9, 2014 International Conference Gambling in the Czech Republic and its New Regulatory Framework Gambling Risks Assessing and Comparing the Risk Potentials of Different Gambling Types Chantal Mörsen

### NAPCS Product List for NAICS 7132: Gambling Industries

NAPCS List for NAICS 7132: Gambling Industries 7132 1 Gambling services Providing games of chance and making/taking wagers on such games, including the outcome of sporting events or on other future events

### An examination of participation in online gambling activities and the relationship with problem gambling

An examination of participation in online gambling activities and the relationship with problem gambling ABBY MCCORMACK 1,2,3 *, GILLIAN W. SHORTER 4,5 and MARK D. GRIFFITHS 1 Journal of Behavioral Addictions

### Using Cross-Game Behavioral Markers for Early Identification of High-Risk Internet Gamblers

Psychology of Addictive Behaviors 2013 American Psychological Association 2013, Vol. 27, No. 3, 868 877 0893-164X/13/\$12.00 DOI: 10.1037/a0032818 BRIEF REPORT Using Cross-Game Behavioral Markers for Early

### Games&of&Chance&Behaviors&and&Motivations& The Safe Bet: An Exploration of Games of Chance. Alex Ellis. Thomas Hicks. University of Northern Colorado

1 The Safe Bet: An Exploration of Games of Chance Alex Ellis Thomas Hicks University of Northern Colorado 2 Abstract The purpose of this study is to explore motivations and behaviors related to games of

### Gambling participation: activities and mode of access

Gambling participation: activities and mode of access July 2013 1 Key findings 1.1 The following findings are based on a set of questions commissioned by the Gambling Commission in omnibus surveys conducted

### GAMING MANAGEMENT SEMINAR SERIES. Prices of Casino Games. Jason Zhicheng Gao 高 志 成

GAMING MANAGEMENT SEMINAR SERIES Prices of Casino Games Jason Zhicheng Gao 高 志 成 Casinos-Games-Players Casinos make money by offering games to the players. Games are casinos major products, and players

### Gambling participation: activities and mode of access

Gambling participation: activities and mode of access January 2014 1 Key findings 1.1 The following findings are based on a set of questions commissioned by the Gambling Commission in omnibus surveys conducted

### The game of roulette is played by throwing a small ball onto a rotating wheel with thirty seven numbered sectors.

LIVE ROULETTE The game of roulette is played by throwing a small ball onto a rotating wheel with thirty seven numbered sectors. The ball stops on one of these sectors. The aim of roulette is to predict

This article was downloaded by: [Tom Parker] On: 03 May 2013, At: 07:29 Publisher: Routledge Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer House, 37-41

### Betting on Excel to enliven the teaching of probability

Betting on Excel to enliven the teaching of probability Stephen R. Clarke School of Mathematical Sciences Swinburne University of Technology Abstract The study of probability has its roots in gambling

### Selecting appropriate gambling features for a specific portfolio of games

Responsible Gambling Review January 2014, Vol 1, No. 1, pp. 51-63 Selecting appropriate gambling features for a specific portfolio of games Dr. Richard T.A. Wood GamRes Limited, Canada info@gamres.org

### The Relationship Between Structural Game Characteristics and Gambling Behavior: A Population-Level Study

DOI 10.1007/s10899-014-9477-y ORIGINAL PAPER The Relationship Between Structural Game Characteristics and Gambling Behavior: A Population-Level Study Tony Leino Torbjørn Torsheim Alex Blaszczynski Mark

### Gambling participation: activities and mode of access

Gambling participation: activities and mode of access January 2015 1 Key findings 1.1 The following findings are based on a set of questions commissioned by the Gambling Commission in omnibus surveys conducted

### You can place bets on the Roulette table until the dealer announces, No more bets.

Roulette Roulette is one of the oldest and most famous casino games. Every Roulette table has its own set of distinctive chips that can only be used at that particular table. These chips are purchased

### STRIKE FORCE ROULETTE

STRIKE FORCE ROULETTE Cycles, cycles, cycles... You cannot get away from them in the game of Roulette. Red, black, red, black... Red, red, red, red. Black, black, black... Red, red, black, black... 1st

### Internet gambling : An online empirical study among student gamblers. Professor Mark Griffiths Andrew Barnes

Internet gambling : An online empirical study among student gamblers Professor Mark Griffiths Andrew Barnes International Gaming Research Unit Nottingham Trent University E-mail : mark.griffiths griffiths@ntu.ac..ac.uk

### Elementary Statistics and Inference. Elementary Statistics and Inference. 17 Expected Value and Standard Error. 22S:025 or 7P:025.

Elementary Statistics and Inference S:05 or 7P:05 Lecture Elementary Statistics and Inference S:05 or 7P:05 Chapter 7 A. The Expected Value In a chance process (probability experiment) the outcomes of

### INFORMATION FOR OBSERVERS. Gaming Transactions (Agenda Paper 11(i))

30 Cannon Street, London EC4M 6XH, United Kingdom Tel: +44 (0)20 7246 6410 Fax: +44 (0)20 7246 6411 Email: iasb@iasb.org Website: www.iasb.org International Accounting Standards Board This observer note

### Expected Value. 24 February 2014. Expected Value 24 February 2014 1/19

Expected Value 24 February 2014 Expected Value 24 February 2014 1/19 This week we discuss the notion of expected value and how it applies to probability situations, including the various New Mexico Lottery

### Instructions for Forms W-2G and 5754

2016 Instructions for Forms W-2G and 5754 Department of the Treasury Internal Revenue Service Section references are to the Internal Revenue Code unless otherwise noted. Future Developments Information

Statewide Nevada Table Mix The Evolution of Casino Games, 1985-2015 An Examination of Shifting Unit and Revenue Trends Contents Executive Summary 1 Methodology, Definitions 2 Unit Share 3 Revenue Share

### Outcome of a Paradigm Shift New Ways for the Scientific Analysis of Online Gaming:

Outcome of a Paradigm Shift New Ways for the Scientific Analysis of Online Gaming: Implications for Addiction Research and Responsible Gaming Research results from: Status: 2013 2 Contents 3 Executive

### Loss rebates. December 27, 2004

Loss rebates December 27, 2004 1 Introduction The game is defined by a list of payouts u 1, u 2,..., u l, and a list of probabilities p 1, p 2,..., p l, p i = 1. We allow u i to be rational numbers, not

### Virtual Harm Reduction Efforts for Internet Gambling: Effects of Deposit Limits on Actual Internet Sports Gambling Behavior

Virtual Harm Reduction Efforts for Internet Gambling: Effects of Deposit Limits on Actual Internet Sports Gambling Behavior The Harvard community has made this article openly available. Please share how

### Real Limits in the Virtual World: Self-Limiting Behavior of Internet Gamblers

J Gambl Stud (2008) 24:463 477 DOI 10.1007/s10899-008-9106-8 ORIGINAL PAPER Real Limits in the Virtual World: Self-Limiting Behavior of Internet Gamblers Sarah E. Nelson Æ Debi A. LaPlante Æ Allyson J.

### Phantom bonuses. November 22, 2004

Phantom bonuses November 22, 2004 1 Introduction The game is defined by a list of payouts u 1, u 2,..., u l, and a list of probabilities p 1, p 2,..., p l, p i = 1. We allow u i to be rational numbers,

### Identifying behavioral markers of disordered Internet sports gambling

Addiction Research and Theory, Early Online: 1 10 Copyright ß 2010 Informa UK Ltd. ISSN: 1606-6359 print/1476-7392 online DOI: 10.3109/16066359.2010.512106 5 RESEARCH ARTICLE Identifying behavioral markers

### Section 7C: The Law of Large Numbers

Section 7C: The Law of Large Numbers Example. You flip a coin 00 times. Suppose the coin is fair. How many times would you expect to get heads? tails? One would expect a fair coin to come up heads half

### Internet Gaming in New Jersey

Internet Gaming in New Jersey Calendar Year 2014 Report to the Division of Gaming Enforcement Submitted by: Lia Nower, J.D., Ph.D. School of Social Work February 2015 To Cite This Report: Nower, L. (2015).

### Heather Wardle a e, Alison Moody a, Mark Griffiths b, Jim Orford c & Rachel Volberg d a National Centre for Social Research, London, UK

This article was downloaded by: [Mark Griffiths] On: 21 November 2011, At: 07:39 Publisher: Routledge Informa Ltd Registered in England and Wales Registered Number: 1072954 Registered office: Mortimer

### Week 5: Expected value and Betting systems

Week 5: Expected value and Betting systems Random variable A random variable represents a measurement in a random experiment. We usually denote random variable with capital letter X, Y,. If S is the sample

### Las Vegas Strip Table Mix

Las Vegas Strip Table Mix The Evolution of Casino Games, 1985-2013 An Examination of Shifting Unit and Revenue Trends Contents Executive Summary 1 Methodology, Definitions 2 Unit Share 3 Revenue Share

### GAMBLING POLICY FRAMEWORK

Centre for Addiction and Mental Health 1001 Queen St. West Toronto, Ontario Canada M6J 1H4 Tel: 416.535.8501 www.camh.ca GAMBLING POLICY FRAMEWORK AUGUST 2011 (updated July 2014) A PAHO / WHO Collaborating

Social'Casino'Gambling:'The'Good,'the'Bad,' the'ugly'! Jeffrey L. Derevensky, Ph.D. Professor & Director of Clinical Training School/Applied Child Psychology Professor, Psychiatry International Centre

### Global Casino and Gaming Industry - Edition 2011

Brochure More information from http://www.researchandmarkets.com/reports/1808690/ Global Casino and Gaming Industry - Edition 2011 Description: The present report on Global casino and gaming industry discusses

### Table of Contents. Casino Help... 1 Introduction... 1. Using This Help Guide... 1 Getting Started... 2

Table of Contents Casino Help... 1 Introduction... 1 Introduction... 1 Using This Help Guide... 1 Getting Started... 2 Getting Started... 2 Web Casino... 3 Game Client... 4 To Play the Games... 4 Common

### More details >>> HERE <<<

More details >>> HERE

### Internet Gambling in Canada: Prevalence, Patterns and Land-Based Comparisons

Internet Gambling in Canada: Prevalence, Patterns and Land-Based Comparisons Dr. Robert Wood & Dr. Robert Williams University of Lethbridge Current Study Funded by a Level IV grant from the Ontario Problem

### \$2 4 40 + ( \$1) = 40

THE EXPECTED VALUE FOR THE SUM OF THE DRAWS In the game of Keno there are 80 balls, numbered 1 through 80. On each play, the casino chooses 20 balls at random without replacement. Suppose you bet on the

### From slot machines to gaming terminals experiences with regulatory changes in Norway Vienna September 2010

From slot machines to gaming terminals experiences with regulatory changes in Norway Vienna September 2010 Senior adviser Jonny Engebø The Norwegian Gaming Authority Presentation Background and decisions

### Casino Gaming Rule 2010

Queensland Office of Liquor and Gaming Regulation Casino Gaming Rule 2010 This Rule is prepared by the Queensland Office of Liquor and Gaming Regulation 2010 V6 1 Queensland Contents Part 1 Preliminary...

### GLOSSARY ADR. cage. a secured area within a casino where records of transactions are kept, money is counted and chips can be exchanged for cash CAGR

The following glossary contains explanations and definitions of certain terms used in this prospectus as applicable to our Company and business. These terms and their meanings used in this prospectus may

### Applying the Kelly criterion to lawsuits

Law, Probability and Risk (2010) 9, 139 147 Advance Access publication on April 27, 2010 doi:10.1093/lpr/mgq002 Applying the Kelly criterion to lawsuits TRISTAN BARNETT Faculty of Business and Law, Victoria

### Know it all. Table Gaming Guide

Know it all. Table Gaming Guide Winners wanted. Have fun winning at all of your favorite games: Blackjack, Craps, Mini Baccarat, Roulette and the newest slots. Add in seven mouthwatering dining options

### Ethical Gambling: policies of gambling in modern societies

Ethical Gambling: policies of gambling in modern societies Mariano Chóliz, PhD Psychology School University of Valencia Spain Ethical Gambling: a necessary concept Can be ethical an economic activity which

### Gambling behaviour. Summary

Gambling behaviour 7 Heather Wardle, Carla Seabury Summary In 2012, for the first time, questions on gambling activity were included in the Health Survey for England. This chapter presents estimates of

### Unit 19: Probability Models

Unit 19: Probability Models Summary of Video Probability is the language of uncertainty. Using statistics, we can better predict the outcomes of random phenomena over the long term from the very complex,

### 13 November 2013. Lotteries in Europe

13 November 2013 Lotteries in Europe The present note provides an overview, based on recent data, of the activities and contribution to society of lotteries in Europe and discusses the threat that the

### PLACE BETS (E) win each time a number is thrown and lose if the dice ODDS AND LAYS HARDWAYS (F) BUY & LAY BETS (G&H)

craps PASS LINE BET (A) must be rolled again before a 7 to win. If the Point is and the shooter continues to throw the dice until a Point is established and a 7 is rolled before the Point. DON T PASS LINE

### Guidelines on sales promotion measures when providing gambling

Guidelines on sales promotion measures when providing gambling Contents 1 Introduction... 2 2 Gambling providers purchase-required games... 3 2.1 Examples of purchase-required gambling... 3 2.2 Jackpots

### Popular Name. Ballot Title AN AMENDMENT TO THE ARKANSAS CONSTITUTION:

Popular Name AN AMENDMENT TO ALLOW ARKANSAS HOTELS AND ENTERTAINMENT, INC. TO OWN AND OPERATE SEVEN CASINO GAMING ESTABLISHMENTS, ONE EACH IN SEBASTIAN, PULASKI, GARLAND, MILLER, CRITTENDEN, BOONE AND

### In the situations that we will encounter, we may generally calculate the probability of an event

What does it mean for something to be random? An event is called random if the process which produces the outcome is sufficiently complicated that we are unable to predict the precise result and are instead

### ARGYLL AND BUTE COUNCIL Planning, Protective Services and Licensing Committee. Gambling Policy Fixed Odds Betting Terminals

ARGYLL AND BUTE COUNCIL Planning, Protective Services and Licensing Committee Customer Services 17 th December 2014 Gambling Policy Fixed Odds Betting Terminals 1. EXECUTIVE SUMMARY 1.1 Concerns have been

### Quantifying Skill in Games

Quantifying Skill in Games Theory and Empirical Evidence for Poker Ingo C. Fiedler & Jan-Philipp Rock ingo.fiedler@public.uni-hamburg.de philipp.rock@mba.uni-hamburg.de Lake Tahoe: 27th May 2009 I.C. Fiedler/J.P.

### Introduction to Discrete Probability. Terminology. Probability definition. 22c:19, section 6.x Hantao Zhang

Introduction to Discrete Probability 22c:19, section 6.x Hantao Zhang 1 Terminology Experiment A repeatable procedure that yields one of a given set of outcomes Rolling a die, for example Sample space

### Betting with the Kelly Criterion

Betting with the Kelly Criterion Jane June 2, 2010 Contents 1 Introduction 2 2 Kelly Criterion 2 3 The Stock Market 3 4 Simulations 5 5 Conclusion 8 1 Page 2 of 9 1 Introduction Gambling in all forms,

### Social Gaming & Gambling: Threat or opportunity?

Social Gaming & Gambling: Threat or opportunity? Context, perspectives and research Heather Wardle, Jonathan Parke, Jayne Rigby, Adrian Parke Contents Real and virtual worlds does it matter? Context and

### Are lottery scratchcards a "hard" form of gambling?

Also in this section: Lotteries and the Problem Gambling Community: Myths and Countermyths By Don Feeney [This article prints out to about ten pages.] The Opinion section has many purposes including being

### TABLE OF CONTENTS. 1. Lottery and Gambling Industry Overview. 1.1. International Gambling. 1.2. Global Betting, Gambling and Gaming Industry

1 TABLE OF CONTENTS 1. Lottery and Gambling Industry Overview 1.1. International Gambling 1.2. Global Betting, Gambling and Gaming Industry 1.3. Global Online Gaming Market 1.4. Types of Gamblers 2. Europe

### Assessing the Playing Field: A Prospective Longitudinal Study of Internet Sports Gambling Behavior

J Gambl Stud (2007) 23:347 362 DOI 10.1007/s10899-007-9067-3 ORIGINAL PAPER Assessing the Playing Field: A Prospective Longitudinal Study of Internet Sports Gambling Behavior Richard A. LaBrie Æ Debi A.

### Ulllted States Patent [19] [11] Patent Number: 6,017,033

US006017033A Ulllted States Patent [19] [11] Patent Number: Keller [45] Date 0f Patent: Jan. 25, 2000 [54] METHOD OF PLAYINGA CASINO GAME 5,695,402 12/1997 Stupak..... 463/20 5,752,882 5/1998 Acers et

### Fixed Odds Betting Terminals and the Code of Practice. A report for the Association of British Bookmakers Limited SUMMARY ONLY

Fixed Odds Betting Terminals and the Code of Practice A report for the Association of British Bookmakers Limited SUMMARY ONLY Europe Economics Chancery House 53-64 Chancery Lane London WC2A 1QU Tel: (+44)

### What constitutes bingo? Advice note, January 2014

What constitutes bingo? Advice note, January 2014 1 Summary 1.1 Bingo is a traditional form of gambling that has seen considerable innovation in recent years. It is also the only form of gambling recognised

### Report 1. Identifying harm? Potential markers of harm from industry data

Report 1. Identifying harm? Potential markers of harm from industry data Authors: Heather Wardle, Jonathan Parke and Dave Excell This report is part of the Responsible Gambling Trust s Machines Research

### How to Play. Player vs. Dealer

How to Play You receive five cards to make your best four-card poker hand. A four-card Straight is a Straight, a four-card Flush is a Flush, etc. Player vs. Dealer Make equal bets on the Ante and Super

### Term Project: Roulette

Term Project: Roulette DCY Student January 13, 2006 1. Introduction The roulette is a popular gambling game found in all major casinos. In contrast to many other gambling games such as black jack, poker,

### HONORS STATISTICS. Mrs. Garrett Block 2 & 3

HONORS STATISTICS Mrs. Garrett Block 2 & 3 Tuesday December 4, 2012 1 Daily Agenda 1. Welcome to class 2. Please find folder and take your seat. 3. Review OTL C7#1 4. Notes and practice 7.2 day 1 5. Folders

### Appendix 3: Brief Biography of the Report Author

Appendix 3: Brief Biography of the Report Author Professor Mark Griffiths, BSc, PhD, CPsychol, PGDipHE, FBPsS, FRSA Dr. Mark Griffiths is a Chartered Psychologist and Professor of Gambling Studies at the

### Introduced by Representatives Hubert of Milton, Burditt of West Rutland, 2. Mount Holly, Dickinson of St. Albans Town, Evans4

Page of H. Introduced by Representatives Hubert of Milton, Burditt of West Rutland, Condon of Colchester, Cupoli of Rutland City, Devereux of Mount Holly, Dickinson of St. Albans Town, Evans of Essex,

### Company presentation. bet-at-home.com AG March 2016

Company presentation bet-at-home.com AG March 2016 bet-at-home.com is a Europe-wide leading online gaming provider with offices in Austria, Germany, Malta and Gibraltar a listed company with 264 employees

### REGULATING INSIDER TRADING IN BETTING MARKETS

# Blackwell Publishers Ltd and the Board of Trustees of the Bulletin of Economic Research 1999. Published by Blackwell Publishers, 108 Cowley Road, Oxford OX4 1JF, UK and 350 Main Street, Malden, MA 02148,

### Worldwide Casino Consulting, Inc.

Can Baccarat be Beaten By Card Counting George Joseph Las Vegas CAN "BACCARAT" BE BEATEN BY CARD COUNTING Both Baccarat and the game of 21 (Blackjack) are dealt from decks of cards which are not shuffled

### ADOLESCENT GAMBLING ON THE INTERNET: A REVIEW

ADOLESCENT GAMBLING ON THE INTERNET: A REVIEW Dr Mark Griffiths (Nottingham Trent University) Dr Jonathan Parke (Salford University) Dr Daniel King (University of Adelaide) Dr Paul Delfabbro (University

### Quick Guide to Slot Machines

Quick Guide to Slot Machines 1 A fast and simple way to learn how to play on any of our slot machines. For more information visit our websites: www.casino-barcelona.com www.casino-peralada.com www.casino-tarragona.com

### BCLC Submission to the Standing Senate Committee on Legal and Constitutional Affairs Bill C-290

BCLC Submission to the Standing Senate Committee on Legal and Constitutional Affairs Bill C-290 OCTOBER 22, 2012 Summary of submission: This submission is presented by British Columbia Lottery Corporation

### TESTING NORMATIVE AND SELF-APPRAISAL FEEDBACK IN AN ONLINE SLOT-MACHINE POP-UP MESSAGE IN A REAL-WORLD SETTING

TESTING NORMATIVE AND SELF-APPRAISAL FEEDBACK IN AN ONLINE SLOT-MACHINE POP-UP MESSAGE IN A REAL-WORLD SETTING DR MARK GRIFFITHS DORIS MALISCNNIG & MICHAEL AUER International Gaming Research Unit Nottingham

### The new Portuguese online. gambling tax regime in a. constitutional context. António Moura Portugal. 1 December 2015

The new Portuguese online gambling tax regime in a constitutional context António Moura Portugal 1 December 2015 Legal framework and tax objectives Legal framework for online betting (Decree-Law 66/2015

### cachecreek.com 14455 Highway 16 Brooks, CA 95606 888-77-CACHE

Baccarat was made famous in the United States when a tuxedoed Agent 007 played at the same tables with his arch rivals in many James Bond films. You don t have to wear a tux or worry about spies when playing

### Gambling and College Students: Literature Review

Gambling and College Students: Literature Review Introduction Today s college students live in a culture more accepting of gambling than any previous generation. Poker on campus has experienced an unprecedented