Research has demonstrated the near-miss effect in adults. The near-miss effect, or "almost winning" outcome, that motivates gamblers to continue to gamble, due to their belief that a win will arrive soon. The near-miss effect has not yet been studied in children. The current study tested for the existence of the near-miss in ten children at the ages of 10 or younger. They were surveyed on a Likert-like scale while playing a arcade game with roulette-like traits. Results demonstrated that the children rated near-misses to be higher than a perceived total loss and less than a win. The study showed children displayed similar occurrences of the near-miss as adults, which becomes valuable for implementing interventions for prevention of gambling.