For a very long time, the world of gambling and betting has mostly been associated with men. However, the popularity of online gambling has challenged the common notion of the stereotypical bettor or punter. Nowadays, more women are placing their bets at online gambling sites.
Recent research studies have shown that women are gambling more than ever. Most statistics place the percentage of women gamblers in the world to be between 30% and 40%. Sweden has the biggest proportion of female gamblers at 32%, followed by the United Kingdom at 30%. In Italy and Spain, the percentage is 21% and 18% respectively.
Women Prefer Slots and Lottery Games
When breaking down the kinds of games that men and women prefer, you’ll begin to notice the differences. Generally, females prefer social gaming, which means they like participating in gambling events with a group of friends. This tends to influence their choice of games, with most of them playing slots at Platincasino UK, lottery, Bingo and Keno.
Women love the aforementioned games since they are mostly determined by luck. They also prefer the small, fixed bets associated with these games, which make them less risky. It is also a well-known fact that slots and lottery games come with big payouts and that’s another reason why they are appealing to this segment of the population.
Sports betting and Online Poker among Women
On the contrary, sports betting, online poker, horse racing and table games aren’t very popular with female gamblers. These betting events are mostly preferred by men since they require a lot of strategizing on winning and losing scenarios. Furthermore, they are likely to take the focus off that shared experience that women love.
In addition, online poker and sports betting need big investments and also come with high risks. That also explains why female gamblers tend to shy away from them. However, with increased financial capabilities in today’s world, many women are starting to bet on these games.
How Women React Differently to Gambling Losses
Men and women bettors react differently when they make losses during gambling. While males react more aggressively, women tend to be emotional. Typically, a woman may cry or show signs of distress or sadness when she loses a bet. She is also more likely to exhibit signs of depression.
On the contrary, men become aggressive when they lose. A male bettor will kick the slot machine after losing in a slot game or hit the table in a roulette game. He may also show apparent signs of territorial behaviour or even become rude to casino staff.
As gambling becomes more accepted globally, women are likely to embrace it even more. They will also feel comfortable playing games that need strategy and those that come with high risks. What’s undisputed, however, is that men and women approach gambling and react to the adversities associated with it differently. While men are typically aggressive and love taking immense risks, women are more calculative, calmer, and sensible.