Sports betting: can gamblers beat randomness?

Psychology of Addictive Behaviors : Journal of the Society of Psychologists in Addictive Behaviors
Michael CantinottiChristian Jacques

Abstract

Although skills are not considered relevant in chance-governed activities, only a few studies have assessed the extent to which sport expert skills in wagering are a manifestation of the illusion of control. This study examined (a) whether expert hockey bettors could make better predictions than chance, (b) whether expert hockey bettors could achieve greater monetary gains than chance, and (c) what kind of strategies hockey gamblers rely on when betting. Accordingly, 30 participants were asked to report their state lottery hockey bets on 6 occasions. We suggest that the information used by bettors, along with near-misses, reinforces their perception of expertise. The results of this experiment suggest that the so-called "skills" of the sports bettors are cognitive distortions.

References

Sep 1, 1987·The American Journal of Psychiatry·H R Lesieur, S B Blume
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Citations

Feb 1, 2013·Cyberpsychology, Behavior and Social Networking·Servane Barrault, Isabelle Varescon
May 15, 2012·Substance Abuse Treatment, Prevention, and Policy·Yasser KhazaalRiaz Khan
May 6, 2010·Accident; Analysis and Prevention·Michèle M SchlehoferJessica Skenderian
Jan 7, 2014·Journal of Gambling Studies·Alain d'Astous, Marc Di Gaspero
Dec 4, 2012·Biological Psychology·Matthew E Hudgens-HaneyBrett A Clementz
Oct 30, 2013·Journal of Gambling Studies·Sally M Gainsbury, Alex Russell
Apr 26, 2016·Journal of Addictive Diseases·Marie Grall-BronnecGaelle Bouju
May 26, 2017·PloS One·Mythily SubramaniamShane Thomas
Sep 28, 2017·Journal of Gambling Studies·Brendan DwyerJoris Drayer
Apr 15, 2020·Journal of Gambling Studies·Raquel BergHermano Tavares
Aug 15, 2020·Journal of Gambling Studies·Elizabeth A Killick, Mark D Griffiths
Mar 30, 2019·Journal of Gambling Studies·Alex M T RussellMatthew Browne
Jun 8, 2021·Frontiers in Psychology·Mads Nordmo ArnestadBjørnar Laurila
Aug 13, 2021·Journal of Gambling Studies·Ho Keat LengYen-Chun Lin
Mar 9, 2021·Journal of Behavioral Addictions·Susana Jiménez-MurciaFernando Fernández-Aranda

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