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  • Gambling losses disguised as wins with Candice Graydon

Gambling losses disguised as wins with Candice Graydon

Sunday 3rd May 2020

Discover how 'losses disguised as wins' in slot machines deceive players and contribute to gambling addiction in this episode of Addiction Audio.
9 minutes
Informative
Thought-provoking
Raw
Educational
Supportive

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Gambling’s Hidden Trap: The Illusion of Winning in Slot Machines

If players find these outcomes exciting and they're leading gamblers to gamble despite financial loss- and we know that one hallmark of problem gambling is continuing to gamble for longer than one should- is just creating an awareness that people are aware that these outcomes are not wins, they are monetary losses.
Picture this: you’re playing a slot machine, the lights are flashing, the sounds are exhilarating, and you feel like you’re on a winning streak. But are you really winning? In this episode of Addiction Audio, Dr. Rob Calder sits down with Candice Graydon to uncover the deceptive allure of 'losses disguised as wins' in multi-line slots gambling.
Graydon, a postdoctoral fellow at McMaster University, reveals how these seemingly celebratory outcomes can trick players into thinking they’re winning more often than they actually are. Imagine winning less than you wagered but being met with all the bells and whistles – it’s a psychological trap that can lead players down a dangerous path of continued gambling despite financial loss. Graydon’s study dives deep into how these outcomes affect both problem gamblers and casual players differently.
For non-problem gamblers, even a few 'losses disguised as wins' during a losing streak can distort their perception and keep them playing. For problem gamblers, a moderate number of these deceptive wins have the most significant impact. Throughout the episode, Graydon stresses the need for greater awareness and education around these misleading outcomes. She discusses the broader clinical and policy implications, urging for more responsible gambling practices.
This episode is a must-listen for anyone interested in understanding the hidden psychological tricks behind slot machines and the urgent need to address them.