What Bettors Don't Know About Their Own Betting: A Programme of Research Using Matched Behavioural and Self-Report Data to Examine the Limits of Informed Decision-Making in Online Sports Wagering
Session Title
Sports Betting: Behavior & Decision Making
Presentation Type
Paper Presentation
Start Date
28-5-2026 12:00 AM
Abstract
Informed decision-making is a foundational assumption of consumer protection frameworks for online gambling, yet the conditions required to support it are rarely examined empirically. This talk presents a programme of research investigating the cognitive, behavioural, and socioeconomic factors that systematically undermine awareness and decision-making in online sports wagering. Drawing on a series of studies that uniquely combine transaction-level behavioural account data with matched self-report measures, we examine how bettors estimate their own expenditure, respond to wins, losses, and liquidity shocks, and differ in self-control awareness across problem gambling severity levels and socioeconomic groups. Findings demonstrate systematic and predictable failures of financial self-awareness that are most pronounced among those at greatest risk of harm. We also present an evaluation of government-mandated strategies designed to enhance spending awareness, assessing their impact on both self-reported and objectively measured behaviour. Implications for the design of harm minimisation frameworks are discussed, with attention to the structural conditions under which informed decision-making can be meaningfully supported rather than assumed.
What Bettors Don't Know About Their Own Betting: A Programme of Research Using Matched Behavioural and Self-Report Data to Examine the Limits of Informed Decision-Making in Online Sports Wagering
Informed decision-making is a foundational assumption of consumer protection frameworks for online gambling, yet the conditions required to support it are rarely examined empirically. This talk presents a programme of research investigating the cognitive, behavioural, and socioeconomic factors that systematically undermine awareness and decision-making in online sports wagering. Drawing on a series of studies that uniquely combine transaction-level behavioural account data with matched self-report measures, we examine how bettors estimate their own expenditure, respond to wins, losses, and liquidity shocks, and differ in self-control awareness across problem gambling severity levels and socioeconomic groups. Findings demonstrate systematic and predictable failures of financial self-awareness that are most pronounced among those at greatest risk of harm. We also present an evaluation of government-mandated strategies designed to enhance spending awareness, assessing their impact on both self-reported and objectively measured behaviour. Implications for the design of harm minimisation frameworks are discussed, with attention to the structural conditions under which informed decision-making can be meaningfully supported rather than assumed.