Experimental Analysis of Behavior Commons^™

Blackjack Player Choice, Superstition, And Calculated Odds Of Winning, Skyler Worley, Erykah Mcclendon, Avery Mielke, Ryan Speelman

Paper Presentations

Given the prevalence of gambling and preponderance of gaming options, efforts to curb problem gambling and promote responsible play for recreational players are of value. The current experiment analyzed choice behavior in the context of blackjack, the associated odds produced by these choices, and the influence of accurate rules (instructions) regarding gameplay. Results found novice players deviate significantly from optimal strategy and adjusted payout rates change as a function of this deviation. For these players, the predicted losses incurred following such strategies deviated significantly from the anticipated outcomes predicted by the odds that are commonly advertised. Next, participants viewed a …