gambling

A new research conducted by Benedetto De Martinoa of the California Institute of Technology in Pasadena and University College of London and colleagues and reported in the Proceedings of the National Academy of Sciences revealed the reasons of why people fear to lose money and thus abstain from participating in a winning gamble.

"Laboratory and field evidence suggests that people often avoid risks with losses even when they might earn a substantially larger gain, a behavioral preference termed 'loss aversion'," they wrote.

Seychelles is an archipelago nation comprising of 115 islands in the Indian Ocean, located some 1,500 kilometers east of mainland Africa, northeast of the island of Madagascar. Seychelles, populated slightly less than 88,000 people and has its capital in Victoria, has no indigenous population as the current Seychellois are composed of people who have immigrated to the island. Seychelles pretends to be the most highly indebted country per capita in the world, according to the World Bank estimation, with total public debt around 122.8% of GDP.

GamCare, the leading national authority on the provision of advice, practical help, support and counseling in addressing the social impact of gambling, have today supported the use of prepaid debit cards as a practical means by which online gamblers can monitor their online gambling budget. To reinforce this message, Eclipse Prepaid MasterCard today announced the launch of a specialist landing page for customers wanting to deposit money into their gaming accounts.