Psychology Colloquium: Dr Daniel Bennett: Take the money and run: investigating the decision to ‘cash out’ of a risky bet
Dr Daniel Bennett (Monash University) Abstract Contemporary sports-betting products offer a raft of novel in-play betting features designed to incentivise customer engagement. Among these, one prominent feature available on most interactive betting platforms is ‘cash out’. The cash-out feature allows customers who have wagered on an event to forgo their stake in the event prior to its conclusion in exchange for […]