Does anyone know about a good body of literature on Losses disguised as wins as it pertains to gambling research? I am looking for some good articles, but have been unsuccessful so far in finding many sources. My search criterion might be lacking.
Any and all help is highly appreciated. Any researchers proficient with the topic?
According to this article a near-miss loss is almost
as good as a win.
http://blogs.scientificamerican.com/observations/2010/05/05/almost-winning-is-just-as-exciting-for-problem-gamblers/
Regards,
Joachim
Thanks Joachim!
Indeed!
There is a slight difference. Near-misses are usually outcomes that are close (like 9 is closer to 10 than 1) to the desired outcome. There is also the salience of the stimuli the enhances the effect of near-misses. So basically you win nothing, but you are so close.
Losses disguised as wins has been defined as placing a wager and receiving a "win" that is lesser in value than the initial bet. Here you dont have to see whether you were close to a win (imagine 20 lines on a 5 reel slot machine..... people have no clue how close or far they are from a real win). So basically you win little, yet still loose.
Similar yet different concepts
Best
Karl
Kevin Harrigan is definitely one of he leading researchers in this area - check his web site at the University of Waterloo (Ontario, Canada), or at the GREO web site (its predecessor, OPGRC, funded his research). If all else fails, contact him at [email protected]
An empirical real-world study of losses disguised as wins in electronic gaming machines
Tony Leino, Torbjørn Torsheim, Ståle Pallesen, Alex Blaszczynski, Dominic Sagoe & Helge Molde Pages 470-480 | Received 01 Apr 2016, Accepted 31 Aug 2016, Published online: 16 Sep 2016
https://www.tandfonline.com/doi/full/10.1080/14459795.2016.1232433
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