Persistence in soccer gambling : the effects of secondary knowledge, risks & earnings on youth gamblers decision to continue or quit

Youth gamblers in Singapore are turning to soccer gambling to earn easy money, and there are those who do not know when to quit, despite incurring huge debts. One hundred and ninety nine male undergraduate students played a soccer gambling computer program. By experimentally manipulating the amount...

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Bibliographic Details
Main Authors: Zachariah, Elizabeth, Lim, Kherray You Hui, Yasmin Ahamed
Other Authors: Joyce Pang Shu Min
Format: Final Year Project
Language:English
Published: 2009
Subjects:
Online Access:http://hdl.handle.net/10356/18895
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Institution: Nanyang Technological University
Language: English
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Summary:Youth gamblers in Singapore are turning to soccer gambling to earn easy money, and there are those who do not know when to quit, despite incurring huge debts. One hundred and ninety nine male undergraduate students played a soccer gambling computer program. By experimentally manipulating the amount of stakes and the source of information, we wanted to investigate if such conditions would predict an individual’s behaviour to continue or quit gambling. By including the BIS BAS scales in our study, we also wanted to investigate if an individual’s personality would affect their decision to continue or quit gambling. Our findings suggest that having both types of information, background information and odds, is crucial in making a decision to continue gambling. The amount of stakes placed and the profit or loss incurred does not play any part in affecting one’s decision to continue or quit gambling.