lesson on gambeling

• Engels
• Middelbare school
• havo
• Leerjaar 5

What is gambling

What is gambling

Gambling or "better gaming" is wagering something valueble like money on a random event like the roulette or poker and trying to win something of equal value based on your wager/risk

The 3 elements of gambling

consideration (your bet/wager)

chance (the chance of you losing or winning)

prize (the amount you recieve after winning the game)

Little gambling game

5 points each

Correct +1

Wrong -1

How many points did you end up with?

1

2

3

4

5

6

7

8

9

10

If so many people lose money while gambling, Why do they still do it?

Video

How come so many people are addicted to gambling?

Addiction

Dopamine

Illusion of control

Hoping for something big to happen

What changes are made to slotmachines to make more profitable for casinos?

What does dopamine have to do with gambling?

Poker is based on skill

True

False

Investing is based on skill

True

False

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