WVU Researching Loss Chasing Behavior Bolstered by Online Gambling

WVU researching loss chasing behavior bolstered by online gambling

Researchers with WVU’s John Chambers College of Business and Economics have launched a study with the hopes of identifying trends in risky betting and triggers that cause loss chasing.

WVU researchers study risky loss-chasing behavior in online betting

MORGANTOWN, W.Va. — West Virginia University researchers are studying how online gamblers respond to losses, with the goal of identifying risky betting behavior before it leads to serious financial harm.

Why people keep gambling after they lose: West Virginia researchers are watching it happen

MORGANTOWN, W.Va. — Imagine wagering $10 on your phone that six different football teams will win their games. Five win; the sixth loses; you get nothing. But instead of feeling as though you made a bad bet, you might feel as though you almost won. Within seconds, your phone offers you the chance to put more money on another game and try again. What happens in that moment is the focus of new research at West Virginia University in Morgantown, wh…

Research Aims to Curb Risky Loss-Chasing in Online Betting

Because gamblers often up the ante rather than cut their losses when their online bets and parlays are a bust, researchers at the West Virginia University John Chambers College of Business and Economics are studying loss-chasing behavior to help protect Mountain State gamblers and their families from the associated risks.

WVU research aims to curb risky loss-chasing in online betting

Because gamblers often up the ante rather than cut their losses when their online bets and parlays are a bust, researchers at the West Virginia University John Chambers College of Business and Economics are studying loss-chasing behavior in West Virginia to help protect Mountain State gamblers and their families from the associated risks.“Some people are placing hundreds of bets on sporting events in just one month through online gaming operator…