HSP
135-01
Albion College
Fall 02025
Discussion questions for BGMNBN, Ch. 2
DLs: Alex & Enky
1. What are your thoughts on pari-mutuel wagering by racetracks
and why do people continue to bet on horses?
2. Lottery and Powerball both
provide a high reward, but an extremely low chance of winning at
all. What psychological aspect do you think attributes to the
international draw of these two ways of gambling?
3. Is it reasonable to believe
Vegas adjust odds on various sports bets in order to entice
gamblers and maximize profit?
4. How are casinos able to use
the gambler�s fallacy to trick its customers?
5. Is it possible to believe
that Vegas wants the favorites and sports gambling to win?
6. Are loss leaders an ethical
marketing strategy or do they exploit consumers?
7. Why is horse racing
categorized differently than sports betting?
8. Is sports betting
superior to gambling in terms of risk and reward. If so, could
the casino�s implement the same feeling of sports betting to
induce more people feeling good?
9. How did people realize
the Keno is a disadvantageous game for them, and why is it not
the same for activities like lotteries and powerball?
10. In poker and Texas
hold�em would it be possible to have an extremely high rate of
winning in hands that one plays in and discarding the ones
that don�t have a great shot at winning. If so what would be
the margin of return if one played very safe like this.