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