What is the landmine theory for slot machines?

Answer 1

The landmine theory for slot machines suggests that players encounter "landmines" or significant losses that can derail their gambling experience. Just as a landmine can unexpectedly disrupt a path, a substantial loss can lead to a shift in a player's mindset, potentially resulting in chasing losses or increased betting behavior. This theory highlights the psychological impact of sudden financial setbacks in gambling, emphasizing how they can lead to irrational decision-making and deeper engagement with the machines.