Navigation Links
Betting During March Madness May Make the Games Less Fun
Date:3/14/2011

MONDAY, March 14 (HealthDay News) -- Watching this year's NCAA March Madness basketball tournament may not be much fun for those who bet on the games, one expert suggests.

Though the current popularity of office pools, online betting sites and spoiler message boards seems to suggest that predicting the outcome of games increases enjoyment, that's not the case, according to Stephen M. Nowlis, a marketing professor at the Olin Business School at Washington University in St. Louis.

A study he co-authored found that people who make predictions about uncertain events, such as sporting events, experience significantly less enjoyment while watching the events than those who don't make predictions. The research was published in the Journal of Consumer Research in 2008.

"We thought the opposite would be true," Nowlis said. But "predictions become more aversive when the outcome of the event is highly uncertain. ...We explain our results in terms of anticipated regret."

Interestingly, picking a winner doesn't seem to help.

"One compelling finding from our studies was that, among those who made predictions, participants who were correct enjoyed the event no more than those who were incorrect," Nowlis said.

More information

The American Academy of Family Physicians explains how to know when gambling is a problem.

-- Robert Preidt

SOURCE: Washington University in St. Louis, news release, March 9, 2011


'/>"/>
Copyright©2010 ScoutNews,LLC.
All rights reserved  

Page: 1

Related medicine news :

1. Brains Learning Ability Seems to Recharge During Light Slumber
2. Exercise Common Sense During Warm Weather Activities
3. Smoking During Early Pregnancy May Put Babys Heart at Risk
4. Effectiveness of wastewater treatment may be damaged during a severe flu pandemic
5. Little historical evidence to support cutting global health aid during recessions
6. Smoking During Head & Neck Cancer Therapy Tied to Poor Outcome
7. Smoking during radiation treatments reduces chance of overall survival
8. Third trimester group B streptococcus test doesnt accurately predict presence during labor
9. When Given Control, Women Use Less Epidural Anesthesia During Delivery
10. Study finds women used 30 percent less analgesia during labor when self-administered
11. FDA Approves First Pacemaker Deemed Safe During MRIs
Post Your Comments:
*Name:
*Comment:
*Email:
Related Image:
Betting During March Madness May Make the Games Less Fun
(Date:9/21/2017)... Naples, FL (PRWEB) , ... September 21, 2017 , ... ... , Aesthetic Surgery Center in Naples, Florida is pleased to announce that Plastic Surgeon ... Business Top 40 Under 40 is an annual award that was started ...
(Date:9/21/2017)... ... 21, 2017 , ... The American Addiction Treatment Association (AATA) ... in the addiction treatment industry entitled: Special Investigations Unit (SIU) – What ... state and federal governments are increasingly scrutinizing the addiction treatment industry for fraudulent ...
(Date:9/21/2017)... ... September 21, 2017 , ... ... communities, nine governmental public health departments have been awarded five-year accreditation status through ... that the benefits of being served by a PHAB-accredited health department now ...
(Date:9/21/2017)... ... September 21, 2017 , ... ... LVS 7510 at the Global GS1 Healthcare Conference 2017 in Chicago, IL on ... industry for ensuring label quality and improving patient safety. , Microscan ...
(Date:9/21/2017)... ... 21, 2017 , ... Japanese Zen artist couple, Fumie and Kentaro Mune, have ... 8th October at Miranda Kuo Gallery on Lower East Side, NYC. This exhibition will ... mat. Wanderlust , one of the largest US yoga online media outlets in ...
Breaking Medicine News(10 mins):
(Date:9/7/2017)... , Sept. 7, 2017  Eli Lilly and ... actions to streamline operations to more efficiently focus ... its cost structure. Global workforce reductions, including those ... expected to impact approximately 3,500 positions. ... expects annualized savings of approximately $500 million that ...
(Date:9/7/2017)... 2017 Caris Life Sciences, a leading ... promise of precision medicine, today announced results from ... its molecular profiling approach in guiding therapeutic strategies ... plus (CGP+) with Caris Molecular Intelligence ® ... molecular level, leading to more therapeutic options and ...
(Date:9/7/2017)... , Sept. 7, 2017  Zimmer Biomet Holdings, ... musculoskeletal healthcare, today announced that it will be participating ... Healthcare Conference at the Grand Hyatt hotel in New ... 2017 at 11:40 a.m. Eastern Time. A ... Zimmer Biomet,s Investor Relations website at http://investor.zimmerbiomet.com . ...
Breaking Medicine Technology: