2026-09-23 · paper-digest
Chien et al.: Say “90% payout” and the game looks winnable — and the meaning gets lost — Fukai Reads
A paper by Chien, Han, Ludvig and Eich on how gambling odds are displayed. In a preregistered experiment with 187 younger and 199 older adults, the same odds were shown either as “90% payout” or as “the game keeps 10%”. In both age groups, the payout wording lowered comprehension and raised people’s sense that they would win.
