Behavioral Catastrophe and Capital Preservation: Advanced Risk Management for High-Stakes Gambling in the US I. The Economic Anatomy of Addiction in High-Stakes Environments 1. Defining the Advanced Bettor: Distinguishing Sophisticated Leisure from Pathological Compulsion For high-net-worth individuals (HNWIs) and sophisticated bettors, the financial magnitude of gambling often obscures the underlying clinical pathology. Gambling participation, initially […]
