Why Gamblers Are Tempted to Risk More While Gambling

Introduction

Despite being on the losing spree, the people might gamble more with the hope that they will win the next game. Even the sweet memories of the past victories force the people to play more. A recent study has revealed this trend. The authors of this study have published the outcome of this study in the Journal of Experimental Psychology. In this article, we would be looking at the interesting findings brought out by this interesting study.

Recent Study

The study found that people chose to go in for further plays when the scientists reminded or primed them of past winning outcomes. It has found that people were over 15% more likely to play more by selecting the risky option. The research team from the University for Warwick in Britain believe that memories of the people play a crucial role in making certain decisions. When the team interviewed people who are in the habit of gambling, they found that subtle cues about the past victories play a significant role in propelling them forward to gamble more. This is clearer in people who go for gambling in local casinos. The gamblers even place millions of dollars in cash on the table for the final showdown in some poker tournaments with the hope that they would win in the next game.

Hypothesis

The researchers had come with the hypothesis that memory of winning outcomes in the past forced the people go for more gambling in casinos and risk lots of money on the table. The results of the study more or less confirm the roles these cues play in forcing the people to play more, risking their money. In order to cross check the hypothesis, the researchers manipulated the memory of the participants for past winning outcomes with simple risky choice tasks. The researchers achieved this by asking the participants to select one of the two doors as part of a computer test.

Testing Technique

The authors of the study gave the participants the choice of four coloured doors to select from. Three of the doors always led to guaranteed outcomes (0, 40 or 80). On the other hand, the fourth door led to a risky 50/50 outcome that carried 20 or 60 points. Later in the study, the team members reminded the participants about their past winning or losing outcome based on the points that they got, depending upon the door they opened. When the team members told the participants about the points they had got, they tended to go towards the risky door more often.

Online Games – Types of Popular Games

This article will provide you information about popular online games. In this era, web based-games are becoming very popular and it is important to know about available ones.

Action and adventure

The games included in this category are; fighting, adventure, space adventure, situational games which require players to achieve some objectives, etc. Many of them in this category are rich in animation and can also come with story lines.

Strategy

These require considerable time to play and complete. In these games, the mind of the player is totally applied to develop strategies to play and win. Strategy-games may not be liked by someone but other like them a lot. These may take some time to master.

Arcade

Earlier, gaming arcades were placed in neighborhoods where big gaming machines were installed. Coins were required to be inserted into the machines to play games. Online arcade-games are just another term.

Board

These are very popular in many houses; Board games that are played online are almost the same as played in real life. They are animated versions of traditional and favorite games.

Sports

People also like to play sports games on the Internet. To play these, there is no need to have a lot of time to understand them, if there is an understanding for the real sport. There can be many levels of play and there may be an option to compete against the computer or a second player.

Shooting

These are great stress busters. They can be played easily and people can let out their stress and anger by shooting at enemies virtually. Because of its huge popularity among masses, there is a huge variety of shooting games. These can also be included in the category of action and adventure; however they are kept separate because of their popularity.

Puzzle

These are extremely popular among those people who don’t like too much action and violence. These games are helpful to sharpen one’s mind and they are loved by people of all ages. In fact there is no particular age group for playing puzzle games.

Cars

These games need no explanation as they are popular among the gaming population. Many kinds of games are designed with playing cards.

Casino

These are also addictive games as they simulate the games available in real casinos. When they are played with virtual money, there is nothing to lose. This is the reason many people play online casino games. Whether someone believes it or not, many online casino games can also develop real money transactions.

Everything You Need To Know Regarding Mobile Bingo

Bingo is a game that has been played for ages all over the globe. The origins of Bingo can be traced back nearly 500 years, but it wasn’t until the early 1900s, 1920 to be precise, that Edwin S. Lowe introduced the modern version of the game in the United States. He is the one we can give the credit for the development and marketing of the 75-ball Bingo game. The Italian version of Bingo, called Tombola, traditionally played only during Christmas, led to the 90 ball Bingo that is so popular in the UK. With the advent of the Internet, it was just a short wait until this game made an appearance on this platform. Hundreds of Bingo sites popped up in the early 90s and today, the global gross gaming yield of online bingo is estimated to be over $1000 million!

Today, Internet connectivity with the Smartphone has had entrepreneurs, investors and developers scrambling to create gambling games that can be played on the go. Mobile Bingo can now be accessed from iPhones, Blackberries, iPads as well as Android devices. The growth in this sector has been phenomenal and the already lucrative online Bingo industry is leveraging the power of mobile bingo. The mobile gambling industry itself is enormous and there are millions of players all over the world accessing gambling sites with their mobile devices. The reason for this is the high returns in the form of real cash, low costs of games, lucrative bonuses and game-playing fun on the go!

How to play mobile bingo?

If you are new to the world of mobile gaming, it can be helpful to understand how these things work. Basically you will need a mobile device (which is WAP/GPRS enabled-most mobiles today are) with Internet connectivity. With this, you can access a reliable website that can help you download the gaming application, in this case, mobile Bingo, directly onto your device. You also need to enter some details like your name, address and telephone number etc. Initially, one need not enter any credit card information as most developers offer a free demo option as well as a free bonus, just for signing up. Once the application has been downloaded and the registration complete; you receive a text message with a link and further instructions. You can choose to play mobile bingo in the demo mode or take advantage of the sign up bonus and play for real cash. Once you decide to go ahead and play with real money, you have various payment options like credit/debit card, or direct debit from your phone bill.

Benefits of playing mobile bingo on your phone

  • It is great entertainment during vacations, while traveling, in your lunch break, or on your commute to and from work.
  • With large touch screens available on most mobile devices, one can enjoy stunning life-like graphics.
  • There are many chat rooms where you can socialize while playing
  • Developers and promoters of mobile bingo usually offer attractive bonuses, promotions and specials which players can avail of.
  • Great cash payouts and jackpots

Precautions to consider prior to playing mobile bingo

  • It is a good idea to try out the free or the demo version particularly when you are playing for the first time or have budgetary restrictions.
  • It is a good idea to read reviews of the application prior to investing your money in it.
  • Many sites have come up with innovative awards and ways to review mobile bingo applications. These reviews are based on factors like: ease of application download, offers free trial or not, how easy the sign-up process is, how lucrative the site is with the value of money being offered to players, the fun factor, the payment process and the customer services etc. Based on these players can get an idea about the top mobile bingo apps.

Apart from this, one should only trust those sites which have 128 bit SSL or secure socket layer digital encryption to protect the personal details that you have entered.

Bingo is a great game that has several advantages. It enables one to exercise one’s brain; something that is extremely important to keep it young and active. Th at apart, Mobile Bingo can offer you great fun and excitement as well as give you a chance to win tens of thousands of dollars. Bingo chat rooms offer you a chance to talk to ‘like-minded’ people and make friends. With so many advantages it is indeed worth trying such an app.

Overview of Online Casino Software

The most common form of the online casino is obtaining downloadable software usually for free once the gambler surfs to any online casino on the internet. In fact, many sites offer the download as an automatic process to encourage gamblers to play for fun or money, besides bonuses and other incentives.

An online casino offers as the main advantage, to allow you to take the gambling room to the comfort of your home by just installing the software that connects to the online casino service, which handles all contact without any browser support. This makes any game easy and faster to play. Audio, video and graphics reside inside the application and there you will not have any waiting time for the games to load as you do when you are playing through the web browser.

Downloadable software offered by an online casino may include a single game or a number of popular games including poker, video poker, blackjack, baccarat, slot machines, roulette, and craps, among the most popular casino games, also available outside many land-based casinos where they are playable on simulation machines.

As soon as the first online casinos started to operate, online casino software began its development. One of the first companies producing casino games was Random Logic, founded in 1996 and currently licensing its software consisting of 6 video poker games, 5 progressive jackpots and 15 new slots, to Cassava Enterprises with exclusive rights.

This company also implements and develops online transaction processing systems and other tools for tracking and analyzing internet-marketing campaigns, including but not limited to the gambling industry. This is another branch of online casino software for gamblers seeking to analyze their chances to win.

Casino software generally provides a predictable long-term advantage to the house, but offering the gambler possibilities of a large short-term payout. The advantage of online casino software is the way gamblers get an illusion of control with the given choices, although such choices do not eliminate the long-term disadvantage risk, or in other words the house advantage.

Some gambling companies are developers of their own software, for example, CTXM a software company with roots in the Insurance financial area and owner of gaming related domains operating since 1997. CTXM not only develops internet payment systems for several of the biggest online gaming companies but also online casino software including sportsbooks, race books, and casino platforms, system maintenance and other projects including security consulting and game application development with a Microsoft Xbox Division.

At the present, the gambling industry has listed a large number of online casino software developers including companies like Dynamite Idea, WagerLogic, NetEnt, Sunfish, Digital Gaming Solutions, Parlay Entertainment, Gamesys, Dobrosoft, IGW Software, Eclipse Gaming, Boss Media, IQ-Ludorum, SkillJam Technologies Corporation, World Gaming, Ongame, vsGaming, RealTime Gaming, Chartwell Technology, Microgaming, Orbis Technology, Finsoft, Wirex and Electracade just to name a few.