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Personality, Luck Beliefs, and (Non-?) Problem Lottery Gambling

Author

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  • Edmund R. Thompson

    (University of Bath)

  • Gerard P. Prendergast

    (Hong Kong Baptist University)

  • Gerard H. Dericks

    (Oxford Brookes University)

Abstract

This study offers both the first systematic investigation of the relationship between the five-factor personality model and general (ostensibly non-problem) lottery gambling, and the first application of Thompson and Prendergast’s (2013) bidimensional model of luck beliefs to gambling behavior. Cross-sectional analyses (N = 844) indicate the bidimensional model of luck beliefs significantly accounts for variance in lottery gambling that is discrete from and greater than that of the five-factor personality model. Moreover, the broad pattern of relationships we find between presumably harmless state-sponsored lottery gambling and both personality and luck beliefs tend to parallel those found in studies of problem gambling, suggesting implications for quality of life and public policy in relation to lottery gambling.

Suggested Citation

  • Edmund R. Thompson & Gerard P. Prendergast & Gerard H. Dericks, 2021. "Personality, Luck Beliefs, and (Non-?) Problem Lottery Gambling," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 16(2), pages 703-722, April.
    • Handle: RePEc:spr:ariqol:v:16:y:2021:i:2:d:10.1007_s11482-019-09791-4
    DOI: 10.1007/s11482-019-09791-4
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    References listed on IDEAS

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    1. Di Wang & Frank McGroarty, 2022. "Does perfectionism influence individual financial risk tolerance and financial well-being? Evidence from an online survey data from the US," SN Business & Economics, Springer, vol. 2(11), pages 1-32, November.

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