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When a player has lost a large amount of money, he or she sometimes feels as though he or she has no choice but to continue betting to recoup what he or she has lost. This mentality, also known as “loss aversion,” causes the player to continue betting blindly and without thinking about the risks. This creates a cycle of “losing again and again” that the player cannot escape.

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jogo galactic winsAnother important factor is the emergence of new forms of betting such as betting on electronic games (eSports) and other online games. Betting on eSports is becoming a thriving industry, with millions of people participating and watching major tournaments around the world. Bookmakers have begun offering betting products on electronic games such as Dota 2, League of Legends, and Counter-Strike: Global Offensive, expanding the player base and creating a new potential betting market.

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Odd-even betting is a simple but equally attractive form of betting.

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