How Gamblers Gamble?

[equator]

I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?

Basically, what I'm trying to figure out is:

1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

What is the point actually of your question? There is a lot of dice sites which is can provide you this thing. Why choose moneypot dice? And I guess moneypot has many dice games which one do you choose? And what is the reason do you need everyone response? Because on each people has different responses and  different limit on how much they are willing to lose or win

That is true, I should have been more specific with my question. I was actually asking about dice games only. What I meant by 50/50 was actually 2x odds. And the reason I chose moneypot is because they have a comprehensive list of all the bets placed. In addition, I think I should make clear what I am trying to do with this data: creating a strategic formula for investing in and divesting from the moneypot house depending on previous bets. Which leads me to another question. Perhaps you have heard the saying: the top 1% of people control 50% of the wealth. Now solve for x: the top x% of gamblers (on dice sites) account for 50% of the bet volume?

As per my knowledge you wont be able to get the specific type of bets what gamblers gamble,  because their are so many type of strategy to bet on dice, even i use each and every time different type, because we cannot use specific type of strategy as this is will in loss in long time.

[ronaldo40]

if in a game of dice, to be honest I would have preferred to play on chance below 50%, because I am less good at reading patterns, so it is better to play less than 50% and get a winning streak

[aranachristianjay]

I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?

Basically, what I'm trying to figure out is:

1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

I do mostly play a low multiplier.

Cause by doing that you are also dividing the chances of winning and losing does making more chances of winning or in other hand losing.
also by doing that, the game last a little bit longer than high multiplier, so it is more enjoyable to play.

[OrangeII]

I do not know how a professional gambler gambling, but gambling with the way I played my own. I always use the odds @ 1.50 in competitive sports, because I think it was a good decision. besides, I do not have a good strategy in the game of dice, but I was just playing for fun

[serjent05]

I'm trying to analyze behavioral trends on gamblers. Does anyone have a source to compare mass amounts of data from moneypot or other sites? Or do you have some evidence?

Basically, what I'm trying to figure out is:

1) Do people gamble with odds that are above or below 50/50?
2) How do people respond to large losses (in the event of conservative betting) or large wins (in the opposite event)

There are lots of people who gamble with odds less than 50%  One of which is the lottery, slots, rolette and scratch card.  Gambler just laugh as a respond to a large losses, and when win some will make a party to celebrate.  Others tend to chase their lose that result in further losses.

[MaritiJames3]

I do not know how a professional gambler gambling, but gambling with the way I played my own. I always use the odds @ 1.50 in competitive sports, because I think it was a good decision. besides, I do not have a good strategy in the game of dice, but I was just playing for fun

It's hard to know their strategy but i bet it has something to do with comparing odds per casino.
That's the reason they need bookmakers, to secure their risk to a minimum. Gambling is all about odds..

[bajing]

Every person have their own strategy maybe the most of them call it is a method they have to beat the dice game but i almost using 50/50 just hope some luck make me win.

[ralle14]

I see a poll and voted for some of each I do gamble on different multipliers and limit my rolls each day to minimize losses. If I manage to lose my deposit while im gambling I just accept what happened and go on.

[TraderETH]

The odds of gambling is always 50:50, if there are gamblers much lost their money should be not becoming problem. Because usualy the gamblers are always calculating of risk when they play gambling. And if the gamblers should be not becoming greed when they won.

[BTCevo]

Every person have their own strategy maybe the most of them call it is a method they have to beat the dice game but i almost using 50/50 just hope some luck make me win.

50/50 chance to win? I dont think there are such thing because every gambling sure have house edge, so you cant get the 50/50 game to double your money. Although you have 60-70% winning chance you will suffer much red sreak too