How many gamers gamble?

While gambling and video games are classified as two distinct activities, they share several similarities in interactive features, appearance, and elements of chance and skill. In fact, studies suggest that video game practices like real-money gaming and token wagering may influence gambling behavior in people.
According to Dr. David Zendle from the University of York, the relationship between gambling and gaming is more complex than many people may think. Looking beyond boxes, there are many novel practices that incorporate gambling elements in video games.
But does that mean that all video game players are gamblers?
While not every video game enthusiast enjoys placing bets on casino sites like Betway MZ, research shows that about 75% of gamers engaged in gambling activities in the last year. At least 70% of gamblers across the world also reported playing video games. Studies show that people who regularly play video games are 4.3 times more likely to play online casino games than those who play infrequently.
Researchers have also found a strong correlation between real money gambling and playing video games. Most video game players and gamblers have shown similar demographic features, although there are several differences. Regular video gamers tend to be younger and less impulsive, while professional gamblers tend to be risk takers.
Similarities between video games and gambling
Just like gambling at Betway, playing video games is an entertaining activity that millions of people can participate in without developing a problem. Gaming has different positive aspects like providing social interaction and helping people connect with each other from across the world. However, video games encourage compulsive use, while online gambling can lead to addictive behavior.
When you play video games, your brain gets a constant supply of dopamine that gets you excited. With time, your brain develops a tolerance to dopamine and requires more release for you to feel excited while having fun. That might make other activities appear boring and not as stimulating as playing video games.
With the rise of the internet, gambling, and gaming are now very accessible and you can play them through your smartphone, tablet, or PC. However, the strongest connection that video games have to gambling is that players pay money for the chance to earn a reward. That’s done through loot boxes in different video games.
Video Game Loot Boxes
Loot boxes are rewards that you can buy or win in a video game. These boxes contain completely random things and the outcome is based on luck. You can earn anything from coins to special equipment to aid you in your quest. However, there’s nothing that can guarantee you’ll win what you want in the loot box. As such, loot boxes are quite similar to casino slot machines.
Loot boxes have become quite common in video games over the last few years, especially with the boom of free-to-play titles. These games are free for everyone, but players are enticed to use their money on the loot boxes for a chance to get rewards like power-ups when gaming. That’s a great way for video game developers to monetize their content.