ABSTRACT

There exists a considerable literature relating to differences between the nature of male and female decision-making under uncertainty. Popular issues in the decision-making literature have included gender differences in performance, risk taking and degrees of confidence in decisions made under uncertainty. Betting involves decision-making under uncertainty and the aim of this chapter is to specifically compare the betting behaviour of men and women engaged in gambling on the outcomes of horse races in UK off-course betting offices. The following brief review of the literature on gender differences in decision-making forms the basis for the hypotheses addressed which relate specifically to comparative betting behaviour of males and females.