Psychology & Psychiatry

Scientists identify part of brain linked to gambling addiction

New research reveals that brain damage affecting the insula – an area with a key role in emotions – disrupts errors of thinking linked to gambling addiction. The research, led by Dr Luke Clark from the University of Cambridge, ...

Psychology & Psychiatry

Mindful individuals less affected by immediate rewards

A new study from the University of Toronto Scarborough shows that people who are aware of and their own thoughts and emotions are less affected by positive feedback from others.

Neuroscience

How gamblers plan their actions to maximize rewards

In their pursuit of maximum reward, people suffering from gambling disorder rely less on exploring new but potentially better strategies, and more on proven courses of action that have already led to success in the past. ...

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Gambling

Gambling is the wagering of money or something of material value (referred to as "the stakes") on an event with an uncertain outcome with the primary intent of winning additional money and/or material goods. Typically, the outcome of the wager is evident within a short period.

The term gaming in this context typically refers to instances in which the activity has been specifically permitted by law. The two words are not mutually exclusive; i.e., a “gaming” company offers (legal) “gambling” activities to the public and may be regulated by one of many gaming control boards, for example, the Nevada Gaming Control Board. However, this distinction is not universally observed in the English-speaking world. For instance, in the UK, the regulator of gambling activities is called the Gambling Commission (not the Gaming Commission). Also, the word gaming is frequently used to describe activities that do not involve wagering, especially online.

Gambling is also a major international commercial activity, with the legal gambling market totaling an estimated $335 billion in 2009. In other forms, gambling can be conducted with materials which have a value, but aren't real money; for example, games like Pogs or Magic: The Gathering.

This text uses material from Wikipedia, licensed under CC BY-SA