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:10/13/2017)... ... October 13, 2017 , ... While it’s often important ... problem. Fortunately, an inventor from Austin, Texas, has identified a solution. , She developed ... darkness or restricted lighting. As such, it eliminates the need to turn on a ...
(Date:10/13/2017)... ... , ... PurhealthRX , a leading Health and Nutrition Company, is announcing ... full spectrum CBD oil will revolutionize the rapidly growing CBD market by reducing the ... incorporated into liquid products, while reducing costs to end users. , The team of ...
(Date:10/13/2017)... ... October 13, 2017 , ... Apple Rehab Shelton Lakes , which ... evacuation of the facility as part of a disaster drill on October 3rd. , ... and Shelton City Emergency Manager, as well as the Connecticut Long Term Care ...
(Date:10/13/2017)... ... October 13, 2017 , ... Ellevate Network, the leading network for professional women, ... towards gender equality at their inaugural Summit in New York City in June. The ... social audience of over 3 million. To watch the Mobilize Women video, click ...
(Date:10/13/2017)... ... October 13, 2017 , ... Talented ... the lowdown on sciatica in a new episode of "Success Files," which is ... events and innovation and investigates each subject in-depth with passion and integrity. , ...
Breaking Medicine News(10 mins):
(Date:10/12/2017)... AVACEN Medical , Inc. (AVACEN) announced that Frost & ... Innovation Award for Its fibromyalgia pain management device. The ... market research by Frost & Sullivan,s industry experts. ... product, the AVACEN 100, offers a safe and effective solution ... ...
(Date:10/12/2017)... , Oct. 12, 2017 West Pharmaceutical ... innovative solutions for injectable drug administration, today announced that ... market opens on Thursday, October 26, 2017, and will ... and business expectations at 9:00 a.m. Eastern Time. To ... 253-336-8738 (International). The conference ID is 94093362. ...
(Date:10/11/2017)... , Oct. 11, 2017  Caris Life Sciences ® ... fulfilling the promise of precision medicine, today announced that ... Caris, Precision Oncology Alliance™ (POA) as its 17 th ... the St. Jude Crosson Cancer Institute will help develop ... use of tumor profiling, making cancer treatment more precise ...
Breaking Medicine Technology: