Baccarat gamblers follow trends rather than adhere to the gambler's fallacy: Analyses of field data from a casino

This study investigated the cognitive biases underlying baccarat gambling behaviors through an analysis of 17,970,830 games played by 6625 customers in a casino. Baccarat, a popular high-stakes game in East Asia, involves predicting the outcome of two hands, where the results are inherently unpredic...

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Bibliographic Details
Main Authors: Hiroyuki Muto, Ryusuke Nakai, Toshiya Murai, Sakiko Yoshikawa, Nobuhito Abe
Format: Article
Language:English
Published: Elsevier 2025-08-01
Series:Acta Psychologica
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Online Access:http://www.sciencedirect.com/science/article/pii/S0001691825004858
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