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Published online by Cambridge University Press: 07 May 2025
Gambling fascinates, because it is a dramatized model of life. As people make their way through life, they have to make countless decisions, big and small, life-changing and trivial. In gambling, those decisions are reduced to a single type - an attempt to predict the outcome of an event. Real-life decisions often have no clear outcome; few that can clearly be called right or wrong, many that fall in the grey zone where the outcome is unclear, unimportant, or unknown. Gambling decisions have a clear outcome in success or failure: it is a black and white world where the grey of everyday life is left behind.