I'm currently doing a dissertation on Online Gambling in Ireland and would appreciate 5 minutes of your time to fill in the attached survey as part of some primary research
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Please use a spelling checker
Online Gamnbling Survey
How frequently would you gamble online?
Many of your questions are shaped from a stance that sees gamblers as an unthinking, addicted bunch of fools.
How frequent would you gamble online?
This question suggests addiction. I gamble on sports events that have a big betting volume, take place over a long timeframe (golf is an example), or there is a lot of information available that is not analysed by typical betters (horse-racing breeding; history of Group races).
How much would you spend per week online gambling?
This question also suggests addiction. I bet on big events that occur once a year: Golf majors; horse racing group and classic races (flat only); or events like the Olympics, or the soccer World Cup. So I could not answer your question, as I do not "spend" on gambling. The question should be how much do you "receive" each week from gambling?
This week I lodged €320 to Betfair to bet on the US Masters golf in April. I "bet" €300 on a player. In fact I put up €300 and asked for 40/1 odds. Nobody has given me those odds yet, so I have not actually bet. And if I am given 40/1 I might later sell the bet at 25/1 and make a profit.
What influences your decision to have a bet?
Again you do not seem to have much idea. You missed the most obvious option.
I am influenced by prices. If I assess the correct price of a contender at 5/1 and the price on offer is 20/1 I will have a bet, a very big bet. If I assess the correct price at 4/1 I will not have a bet.
My big win on Betfair last year €12,800 was on a horse at over 70/1 when I thought it should be about 6/1. But I had "inside" knowledge. That knowledge was my analysis of the last twenty years results of that race, and a knowledge of horse pedigrees from years of research.
My attitude is I do not bet with bookies or online gambling companies. I bet against other betters, and the betting companies take a percentage. I have to beat the betters, not beat the bookies.
Please use a spelling checker
Online Gamnbling Survey
How frequently would you gamble online?
Many of your questions are shaped from a stance that sees gamblers as an unthinking, addicted bunch of fools.
How frequent would you gamble online?
This question suggests addiction. I gamble on sports events that have a big betting volume, take place over a long timeframe (golf is an example), or there is a lot of information available that is not analysed by typical betters (horse-racing breeding; history of Group races).
How much would you spend per week online gambling?
This question also suggests addiction. I bet on big events that occur once a year: Golf majors; horse racing group and classic races (flat only); or events like the Olympics, or the soccer World Cup. So I could not answer your question, as I do not "spend" on gambling. The question should be how much do you "receive" each week from gambling?
This week I lodged €320 to Betfair to bet on the US Masters golf in April. I "bet" €300 on a player. In fact I put up €300 and asked for 40/1 odds. Nobody has given me those odds yet, so I have not actually bet. And if I am given 40/1 I might later sell the bet at 25/1 and make a profit.
What influences your decision to have a bet?
Again you do not seem to have much idea. You missed the most obvious option.
I am influenced by prices. If I assess the correct price of a contender at 5/1 and the price on offer is 20/1 I will have a bet, a very big bet. If I assess the correct price at 4/1 I will not have a bet.
My big win on Betfair last year €12,800 was on a horse at over 70/1 when I thought it should be about 6/1. But I had "inside" knowledge. That knowledge was my analysis of the last twenty years results of that race, and a knowledge of horse pedigrees from years of research.
My attitude is I do not bet with bookies or online gambling companies. I bet against other betters, and the betting companies take a percentage. I have to beat the betters, not beat the bookies.
Thanks for feedback.
Interesting that you mentioned I do not have much of an idea and i missed the most obvious option - being influenced by price. Not one respondent as yet has mentioned price as the reason they gamble online.
You mention big wins , funny that because my research to date tells me that losses aren't really talked about - only the big wins.
The answers to the survey to date are very interesting so keep them coming. Very grateful to all for taking the time to complete.
Please use a spelling checker
Online Gamnbling Survey
How frequently would you gamble online?
Many of your questions are shaped from a stance that sees gamblers as an unthinking, addicted bunch of fools.
How frequent would you gamble online?
This question suggests addiction. I gamble on sports events that have a big betting volume, take place over a long timeframe (golf is an example), or there is a lot of information available that is not analysed by typical betters (horse-racing breeding; history of Group races).
How much would you spend per week online gambling?
This question also suggests addiction. I bet on big events that occur once a year: Golf majors; horse racing group and classic races (flat only); or events like the Olympics, or the soccer World Cup. So I could not answer your question, as I do not "spend" on gambling. The question should be how much do you "receive" each week from gambling?
This week I lodged €320 to Betfair to bet on the US Masters golf in April. I "bet" €300 on a player. In fact I put up €300 and asked for 40/1 odds. Nobody has given me those odds yet, so I have not actually bet. And if I am given 40/1 I might later sell the bet at 25/1 and make a profit.
What influences your decision to have a bet?
Again you do not seem to have much idea. You missed the most obvious option.
I am influenced by prices. If I assess the correct price of a contender at 5/1 and the price on offer is 20/1 I will have a bet, a very big bet. If I assess the correct price at 4/1 I will not have a bet.
My big win on Betfair last year €12,800 was on a horse at over 70/1 when I thought it should be about 6/1. But I had "inside" knowledge. That knowledge was my analysis of the last twenty years results of that race, and a knowledge of horse pedigrees from years of research.
My attitude is I do not bet with bookies or online gambling companies. I bet against other betters, and the betting companies take a percentage. I have to beat the betters, not beat the bookies.
Gotta agree with the OP imo this was quite a needless post, if interested in doing the survey then do it and if not then don't, no need to be so critical imo.
I downloaded my full history from Paddy Power and Betfair and I am profitable. But it is a hobby. I made more from shares in the last four years than I made from gambling lifetime. If you want full info I can provide it.
My points about your survey are that you are asking for confirmation about your opinions on gambling. You have your conclusion, and you are now looking for survey answers to confirm. You don't know much about the subject.
I have heard all the comments "you never see a broke bookmaker", "you never see a bookmaker riding a bicycle", "if you want to make a small fortune betting start with a large fortune" ...
Gotta agree with the OP imo this was quite a needless post, if interested in doing the survey then do it and if not then don't, no need to be so critical imo.
I did the survey. The answers I would give were in many cases not available.
Interesting that you mentioned I do not have much of an idea and i missed the most obvious option - being influenced by price. Not one respondent as yet has mentioned price as the reason they gamble online.
You mention big wins , funny that because my research to date tells me that losses aren't really talked about - only the big wins.
The answers to the survey to date are very interesting so keep them coming. Very grateful to all for taking the time to complete.
I understand where you are coming from, but you have to understand how frustrating this can be to people who 'gamble' seriously/profitably.
You are definitely right, the majority of people lose at gambling. However, there are most definitely people out there who are profitable at gambling and are up money lifetime. Some people lose more money than they can afford gambling, some people lose disposable income and gamble as a hobby, some people take gambling very seriously and profit and are +EV (if you don't know what +EV is, you do need to do some research).
So basically, you're fully entitled to your opinion, but the problem I'd have is it is a poorly written survey.
SPOILER
Specifically:
3. How frequently would you gamble online?
if I log on once a week, and place 10 bets, is this 10 times a week or once a week?
If I make a bet on golf on a Thursday, and log on Sunday to lay it off, is this twice a week?
etc.
4. How much would you spend per week online gambling?
Again, spend infers lose imo. If you're talking turnover, how much goes through an online gambling account, that's a totally inaccurate number. A person may have placed $1mil worth of bets in his lifetime, but be a close to break-even gambler. Do you believe he 'spent' $1mil gambling?
Thanks for your feedback Jam Fly. I'm coming at this survey from the "majority" of people that gamble. My secondary research to date tells me exactly that. I could have gone at this survey from a variety of different angles but with 10 questions to ask I felt I was capturing the "majority" of gamblers in that survey.
Ya Ya .....Expected Value and all that .....I know what it is !
Can you elaborate on this? thanks
I'm asking for opinions based on what my secondary research is telling me.
Because I completed the survey I can not now see the survey. If you PM me the survey I will discuss it in detail, by PM or on the thread (your choice.)
I do not like the general opinion in society that gambling is for fools. I am retired. But shortly before I retired in 2006 one of my work colleagues had a son who was taking out a €500,000 100% mortgage. I could not persuade his father that his son should not buy, that we were in a property bubble, and that prices would fall sharply. The traditional solution to a bubble is a sharp rise in interest rates. I asked if his son could pay 10% interest on €500k. He said that will never happen, the EC will not allow a recession.
When I retired in November 2006 I took the few Euro I had saved in additional pension contributions, waited two years until November 2008, and invested in the stock market two weeks before the market hit the low point.
I got a pension of about half my salary, topped up by the company. Two years later the company was closed and everyone was made redundant, getting only basic redundancy.
Now you might think that again I am boasting about how brilliant I am. The point is that the public frown on gambling but they will gamble 10,000 times what I gamble without taking any time to assess the situation. They will not assess probabilities, or see any downside. I saw managers in business spend millions of shareholders funds without much thought, and they would not "gamble" €10.
Your survey is imo trying to reinforce the standard view that gamblers are degenerate fools. Why not survey the general public about their big financial decisions and their greed and stupidity that caused this recession?
I don't agree with the essence of the criticism that the OP is coming at it from an addiction perspective or taking gamblers to be fools, they very clearly are not imo.
Yes the survey is not very sophisticated, and contains problems such as the question of how much do you spend a week on gambling being insufficiently described as there are always multiple different understandings of how this is calculated (e.g. if you bet €10, win say €30, bet what you get back and lose, have you then bet €10 that week or €40?).
But that is just something you would get from experience in the area, this seems to be for an undergraduate project, so give the OP a break. I don't think they are here to insult gamblers.
I don't agree with the essence of the criticism that the OP is coming at it from an addiction perspective or taking gamblers to be fools, they very clearly are not imo.
Yes the survey is not very sophisticated, and contains problems such as the question of how much do you spend a week on gambling being insufficiently described as there are always multiple different understandings of how this is calculated (e.g. if you bet €10, win say €30, bet what you get back and lose, have you then bet €10 that week or €40?).
But that is just something you would get from experience in the area, this seems to be for an undergraduate project, so give the OP a break. I don't think they are here to insult gamblers.
I'd agree with this but some of the questions do betray a huge lack of understanding of the subject.
D-
Your survey is imo trying to reinforce the standard view that gamblers are degenerate fools. Why not survey the general public about their big financial decisions and their greed and stupidity that caused this recession?
You have no idea what the survey is trying to do, it could be a test of peoples ability to spell for all anyone on this side of it knows.
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Although I did get lifetime banned off boards for putting it up there
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