Psychology of Gambling

Understanding Risk Perception and Decision-Making in Gamblers: Strategies and Interventions

Understanding Risk Perception in Gamblers Gamblers assess risks differently compared to non-gamblers. Their perceptions shape their decisions. Cognitive Biases Involved Gamblers often fall prey to several cognitive biases. One common bias is the illusion of control, where individuals believe they can influence outcomes in games of chance. They might roll dice in a specific way, […]