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EXAMINING MINIMUM BETS’ INFLUENCE ON THE ACTUAL BET WAGERED ON FIXED LINE SLOT MACHINES: A DESCRIPTIVE ANALYSIS

A descriptive analysis was conducted to examine the influence minimum bets 30 credits and 50 credits had on the actual bets wagered on slot machines that operated on fixed-lines. Results suggested that slots with the lower minimum bets correlated with higher wagers. There was a total of 107 participants actively gambling at two casinos located just outside of Chicago, Illinois. The participant pool was divided between 37 males and 70 females. On average, the participants who played the slot machines with a minimum bet of 30 credits actually bet more than the participants who played the slot machines with a minimum bet of 50 credits. More notably, results from a Chi-square test for significance suggested that there is a significant influence between the minimum bet required to play and the presence, or absence, of “minimizers” and “maximizers” (p <.05). Additional data analyses where also conducted that examined gender’s role and wagering tendencies, including an independent t-test. The main purpose of this paper was to examine minimizing and maximizing gambling behavior across low-value and higher-value machines.

Identiferoai:union.ndltd.org:siu.edu/oai:opensiuc.lib.siu.edu:theses-2865
Date01 May 2016
CreatorsTaylor, Kevin
PublisherOpenSIUC
Source SetsSouthern Illinois University Carbondale
Detected LanguageEnglish
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SourceTheses

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