Using a large player-tracking data set (>2500 players, >10 million rounds) collected from the online commercial game Mystery Arena, we examined these three behavioral expressions of within-session loss-chasing.
While the first two aspects (when to stop and how much stake to bet) have been examined previously, the current research is the first large-scale study to examine the effects of wins and losses on the speed of play in real gambling.
Future work can further examine chasing in different gambling products and in people with gambling problems to assess the generalizability of these findings.
XN received research funding from BAGO (Belgian Association of Gaming Operators) of which Gaming1 is affiliated.
There was no editorial direction or censorship from Gaming1.
Further understanding of whether and how gamblers chase losses (across the whole spectrum of gambling involvement) will therefore provide important insights into the development of gambling problems.
Intriguingly, in all three studies, the nominal win or loss in the preceding 30 rounds did not influence participants' decision of when to stop.
While some previous work has indeed found increased stakes after a loss [14–16], others have observed the opposite [17, 18].
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