Jackpots is a huge amount of money won by gambling, most of the time, this is the main activity in casino’s, although they provide a great income by winning one, it could easily lead to addiction if uncontrolled , discuss the few ways of reducing risk while winning it.
Allure of the jackpot
It is the lure of big jackpots that draw in players, where the sweet sound of Cherries dropping into the payline will see life change for them forever. Whether the jackpot is fixed or progressive players continue to play on the elusive chance of becoming the next big winner. However, despite the allure of winning, players must also learn to play responsibly. Playing responsibly will help to avoid problems with addiction and financial strain.
In addition to luring gamblers, the appeal of the jackpot lures athletes and athletically minded scientists to testing their mettle to the very limits of human endurance in their quest for glory and victory. Researchers and inventors seek the ‘镜花水月’ – responsible for the most profound change humanity has ever witnessed – because someone may just stumble upon it! Their worldview is also shaped by cognitive biases such as the ‘Halo Effect’ that makes people more easily assign a positive experience to skill than to chance. These creative people are prone to such risk-taking.
Cognitive biases
Some applied animal behaviourists have observed that jackpot reinforcement can divert training time and that its overuse can sometimes lead to undesirable side-effects; they suggest its duration be limited so as to avoid satiation effects. While it’s certainly appealing to consider reinforcement in terms of duration, some reflection shows that this is only half the picture. The duration of the reinforcer is just one aspect of a given reward train that must be taken in to account. All timed reinforcement is made up of two components – duration and onset.
Whether it lasts for 30 seconds or a minute, any timed reinforcement contingency has an onset that’s coupled with a response. Thus, the difference between jackpot and standard reinforcers in experimental studies comparing them doesn’t lie in the first element of the schedule. So, in order to determine if and to what extent jackpot reinforcement effects are different than standard reinforcement effects, experiments comparing them must test for differences in their influence on responding. Only then will we know if jackpot reinforcement is different.
Halo effect
A halo effect is a cognitive bias that can lead to erroneous judgments. It might interfere with your quick-and-dirty judgments; and on occasion overvalue or undervalue people; but the counter-halo of objective criteria and routines can inoculate your judgments from the halo effect.
A number of applied animal behaviourists have recently highlighted the need to limit jackpot reinforcer use in training. Experimental comparisons of jackpot event effects on acquisition and maintenance of responses have led to a number of inconclusive to negative findings, albeit with obvious caveats based on considerations of test design or conceptualisation; an equally likely possibility is that jackpots are less effective than larger, independent of response reinforcers.
Emotional rollercoaster
Door-chasing a jackpot is exciting and engaging, but it is also a winding path to nowhere. That path might be littered with potholes; players must stay on it while taking care of themselves through refunds and self-exclusion, identifying triggers and building networks of care while on the hunt.
Applied animal behaviourists often use jackpot reinforcers as a component of training. Even though large, variable rewards would appear to make ideal ‘jackpot’ reinforcers, few experiments have been done to examine the actual behavioural effects of jackpot reinforcers; this review will attempt fill some of this research gap by looking at what work has been done so far and proposing ideas for further research.
Convenience
Jackpot-hunting can be fun, thrilling, profitable and fulfilling. However, win or lose, it’s vital to gamble responsibly – making time-outs, making use of limits, getting support, acknowledging triggers are all ways to keep gambling in check.
While applied animal behaviourists talk a lot about jackpot reinforcers, there has never been a careful experimental look at what a jackpot reinforcer is, how it ought to be used, or what effects it has. Moreover, much confusion lies in the fact that there is disagreement as to what, precisely, a jackpot reinforcer should be: some experts think that a jackpot should be big and exceedingly rare, used perhaps at the beginning or end of sessions, others think that we ought to be using them during sessions, too (Pryor 2006). To confuse the matter further, it seems some experts think that the very definition of a good jackpot reinforcer is that it ought to be an unexpected surprise – a definition with which semanticists would have a field day, as ‘surprise’ has emotional as well as cognitive connotations.