Wendover Productions | The Magic Economics of Gambling @Wendoverproductions | Uploaded October 2018 | Updated October 2024, 5 minutes ago.
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Check out my personal channel: youtube.com/channel/UCDA1X6RrhzZQOHOGvC3KsWg
Support Wendover Productions on Patreon: patreon.com/wendoverproductions
Youtube: YouTube.com/WendoverProductions
Twitter: Twitter.com/WendoverPro
Email: sam@wendover.productions
Reddit: Reddit.com/r/WendoverProductions
References:
[1] statista.com/statistics/253416/global-gambling-market-gross-win
[2] annualreports.com/HostedData/AnnualReports/PDF/NYSE_MET_2017.pdf
[3] twitter.com/wendoverpro/status/1054533498722111488
[4] nber.org/papers/w18237.pdf
[5] twitter.com/wendoverpro/status/1054533837328281600
[6] twitter.com/wendoverpro/status/1054534236642795522
[7] http://www.its.caltech.edu/~snowberg/papers/Snowberg-Wolfers%20Risk%20Love%20or%20Decision%20Weights-NBER.pdf
[8] football-data.co.uk/blog/favourite_longshot_bias_tennis.php
[9] economix.blogs.nytimes.com/2010/06/02/the-bp-spill-and-the-favorite-longshot-bias
[10] https://ac-els-cdn-com.ezproxy1.library.usyd.edu.au/S0167268114002194/1-s2.0-S0167268114002194-main.pdf?_tid=6aac86b2-7e4a-46d0-bf4d-5ab70e8db750&acdnat=1540355242_b9bcf6d0549207112968a3467b39a9a0
[11] https://www.hbs.edu/faculty/Publication%20Files/08-061_17c22e32-fe06-4b4a-8b5e-e09227fc8104.pdf
[12] commissions.leg.state.mn.us/ladder/120511prizelinkedsavingsFAQs.pdf
Animation by Josh Sherrington
Sound by Graham Haerther (http://www.Haerther.net)
Thumbnail by Simon Buckmaster
Special thanks to Patreon supporters
Alec Watson, Andrew J Thom, Braam Snyman, Bryan Yip, Chris Allen, Chris Barker, Connor J Smith, Daddy Donald, Etienne Dechamps, Eyal Matsliah, Hank Green, Harry Hendel, James Hughes, James McIntosh, John & Becki, Johnston, Keith Bopp, Kelly J Knight, Ken Lee, KyQuan, Phong, manoj kasyap govindaraju, Plinio Correa, Qui Le, Robin Pulkkinen, Sheldon Zhao, Simen Nerleir, Tim Robinson
Music by epidemicsound.com
Select footage courtesy the AP Archive
Build your website for 10% off at Squarespace.com/Wendover
Subscribe to Half as Interesting (The other channel from Wendover Productions): youtube.com/halfasinteresting
Get the Wendover Productions t-shirt: standard.tv/collections/wendover-productions/products/wendover-productions-shirt
Check out my personal channel: youtube.com/channel/UCDA1X6RrhzZQOHOGvC3KsWg
Support Wendover Productions on Patreon: patreon.com/wendoverproductions
Youtube: YouTube.com/WendoverProductions
Twitter: Twitter.com/WendoverPro
Email: sam@wendover.productions
Reddit: Reddit.com/r/WendoverProductions
References:
[1] statista.com/statistics/253416/global-gambling-market-gross-win
[2] annualreports.com/HostedData/AnnualReports/PDF/NYSE_MET_2017.pdf
[3] twitter.com/wendoverpro/status/1054533498722111488
[4] nber.org/papers/w18237.pdf
[5] twitter.com/wendoverpro/status/1054533837328281600
[6] twitter.com/wendoverpro/status/1054534236642795522
[7] http://www.its.caltech.edu/~snowberg/papers/Snowberg-Wolfers%20Risk%20Love%20or%20Decision%20Weights-NBER.pdf
[8] football-data.co.uk/blog/favourite_longshot_bias_tennis.php
[9] economix.blogs.nytimes.com/2010/06/02/the-bp-spill-and-the-favorite-longshot-bias
[10] https://ac-els-cdn-com.ezproxy1.library.usyd.edu.au/S0167268114002194/1-s2.0-S0167268114002194-main.pdf?_tid=6aac86b2-7e4a-46d0-bf4d-5ab70e8db750&acdnat=1540355242_b9bcf6d0549207112968a3467b39a9a0
[11] https://www.hbs.edu/faculty/Publication%20Files/08-061_17c22e32-fe06-4b4a-8b5e-e09227fc8104.pdf
[12] commissions.leg.state.mn.us/ladder/120511prizelinkedsavingsFAQs.pdf
Animation by Josh Sherrington
Sound by Graham Haerther (http://www.Haerther.net)
Thumbnail by Simon Buckmaster
Special thanks to Patreon supporters
Alec Watson, Andrew J Thom, Braam Snyman, Bryan Yip, Chris Allen, Chris Barker, Connor J Smith, Daddy Donald, Etienne Dechamps, Eyal Matsliah, Hank Green, Harry Hendel, James Hughes, James McIntosh, John & Becki, Johnston, Keith Bopp, Kelly J Knight, Ken Lee, KyQuan, Phong, manoj kasyap govindaraju, Plinio Correa, Qui Le, Robin Pulkkinen, Sheldon Zhao, Simen Nerleir, Tim Robinson
Music by epidemicsound.com
Select footage courtesy the AP Archive