Online Gambling of Pure Chance: Wager Distribution, Risk Attitude, and Anomalous Diffusion

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dc.contributor.authorWang, Xiang-Wenen
dc.contributor.authorPleimling, Michel J.en
dc.contributor.departmentCenter for Soft Matter and Biological Physicsen
dc.contributor.departmentPhysicsen
dc.date.accessioned2019-11-19T14:04:37Zen
dc.date.available2019-11-19T14:04:37Zen
dc.date.issued2019-10-11en
dc.description.abstractOnline gambling sites offer many different gambling games. In this work we analyse the gambling logs of numerous solely probability-based gambling games and extract the wager and odds distributions. We find that the log-normal distribution describes the wager distribution at the aggregate level. Viewing the gamblers' net incomes as random walks, we study the mean-squared displacement of net income and related quantities and find different diffusive behaviors for different games. We discuss possible origins for the observed anomalous diffusion.en
dc.format.mimetypeapplication/pdfen
dc.identifier.doihttps://doi.org/10.1038/s41598-019-50168-2en
dc.identifier.eissn2045-2322en
dc.identifier.other14712en
dc.identifier.pmid31604970en
dc.identifier.urihttp://hdl.handle.net/10919/95803en
dc.identifier.volume9en
dc.language.isoenen
dc.publisherSpringer Natureen
dc.rightsCreative Commons Attribution 4.0 Internationalen
dc.rights.urihttp://creativecommons.org/licenses/by/4.0/en
dc.titleOnline Gambling of Pure Chance: Wager Distribution, Risk Attitude, and Anomalous Diffusionen
dc.title.serialScientific Reportsen
dc.typeArticle - Refereeden
dc.type.dcmitypeTexten
dc.type.dcmitypeStillImageen

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