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In behavioral Research two and four, we implemented a paradigm made to track moment-to-moment changes in expectations via betting behavior. We discovered that distinctive outcomes elicited distinctive expectation trajectories in the deceleration phase. Additionally, we found that these dynamic expectations correlated with the EEG activity in both Study 1 and 3 in the last second of the machine’s deceleration. Taken together, these findings deliver proof that reward expectations are speedy and dynamic and can be tracked at the electrophysiological and behavioral levels. Below we talk about these findings, as nicely as their implications for healthful and unhealthy cognition. Near Losses (also referred to as "Narrow wins") are significantly less studied than Close to Wins. They have been implemented in lottery paradigms51,52,53 and in the Balloon Analog Danger Task54, but not in a slot machine game. No study has looked at moment-to-moment changes in expectations in Close to Losses employing either electrophysiology or behavior.