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Author Topic: Proposition: Higher house edge reduces overall gambling losses  (Read 290 times)
vennali
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November 01, 2018, 09:34:06 PM
 #21

That doesnt sound great to be honest. Its sort of like saying, people will write less negative about their government if the government gives death penalty to the ones who do. If your idea is to prevent gambling addiction, well then dont make a gambling website in the first place. All the evidence you have provided is anecdotal and isnt backed by any psychological study. In any case, people do get addicted to slots and other games that have higher house edge. You find more people addicted to low house edge games because they have a better chance at winning there, if that option wasnt there..Im sure they would have done the same with higher house edge game. The gambling mentality wont just "go away" saying, "Oh, higher house edge, I shouldnt play here".  In my humble opinion, people will mostly drift towards the website which is 1) Trusted. 2) Has low house edge. 3) Has a variety of games.

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November 05, 2018, 07:09:30 PM
 #22

That doesnt sound great to be honest. Its sort of like saying, people will write less negative about their government if the government gives death penalty to the ones who do.
It's a false equivalency although both ideas will end up with the same success unless there are outside factors.

If your idea is to prevent gambling addiction, well then dont make a gambling website in the first place.
This was never the intention of the thread. It's a conceptual one.

All the evidence you have provided is anecdotal and isnt backed by any psychological study.
A number of the psychology research behind the rush of gambling is there but I thought better to simplify it. I can go ahead and add in the "near-miss" concept and all that but it would be unnecessary for the proposition.

In any case, people do get addicted to slots and other games that have higher house edge.
I never said they couldn't.

You find more people addicted to low house edge games because they have a better chance at winning there
Exactly.

if that option wasnt there..Im sure they would have done the same with higher house edge game.
Exactly.

The gambling mentality wont just "go away" saying, "Oh, higher house edge, I shouldnt play here".
Right. But that was never my argument. It's not a repulsion of the gamblers from before they play. It's a lack of hooking in gamblers after they play.

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November 11, 2018, 12:49:43 AM
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