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Problem gamblers engage in “magical thinking” and chase their losses, even though poker machines are set to benefit the house. Flickr/Michael Dorausch

Gambling with time: how making poker machines fair would reduce the harms of gambling

David Rowell, The University of Queensland and Dorte Gyrd-Hansen, University of Southern Denmark

What if the worst thing a problem poker machine gambler could lose was time, instead of their mortgage? Welcome to the concept of actuarially fair gambling.

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