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We have threads here about people betting millions of dollars on sports battings and other games in casinos and the amount of money is insane, they can bet millions of dollars on one team and they easily forget everything and bet another millions.

I doubt if we have high rollers who will admit, that having a lot of money means you cannot satisfy your ego or that your level of enjoyment is high that you will need to bet millions of dollars just to fulfill your dopamine level.

What do you think, if I have millions I will be satisfied betting thousands of dollars for fear of addiction that will lead to losing my fortune, but I really don't know if I will reach that level of having millions and still be moderate in gambling.

Not all rich people gamble, that I know. Many of them want to keep their fortune intact so they rather do business than put it into high-risk expenses like gambling. I don't think gambling will satisfy my ego. We have different things on our minds when we get rich and gambling in an intense way is not one of my goals. I'd rather invest it in real estate and wait for the returns even though it will take time. My kids will probably keep that business going and they will be the ones reaping the rewards which for me is a success in my life.
IMO, I don't think you will still think about gambling when you have loads of money in your wallet and in your account. I bet you will think about something else where you could spend it wisely.

What people don't often understand is that for a billionaire, making big bets can be proportionally like the amounts you bet. It's all a matter of percentages. Drake has a net worth of $250 million and makes $70 million a year (https://finty.com/us/net-worth/drake/#:~:text=He%20earned%20%2450%20million%2C%20or,around%20%2470%20million%20per%20year.). If he bets $250,000 on a bet, it's like someone with an average net worth of $250,000 betting $250. If we consider his income, it's like someone earning $50,000 a year betting $170.

So it is not so much a question of ego as a question of percentages.

We have different way on satisfying ourselves and you can’t blame them since they are looking on the possible return not on the amount they are betting because they have enough. It’s really insane to see it if we use our own perspective since we don’t have money and we can’t afford it but it’s really different if you are already on their situation since you will keep chasing for more.

Human has no self satisfaction in nature and once they on gambling. Betting an amount that is in proportion to their financial status will only satisfied your cravings for gambling.

the more money you have the more you will spend to be entertained. it won't make you happy when you lose 50.000 and then win just 10.000 later, you have the means to chase the loss and that could be the reason to spend more.

but knowing that you don't gamble that way when you have less money, you will still be able to think straight and just go back down to your minimum bets.
unless you are Drake.

those high rollers by the way typically do overstate their victories and they understate their losses.

I want to believe those rich guys who also bet big have something to do with influencing people which is also a business for them to gather more followership to themselves. There are other rich people that gamble but silently and may not even a social media person or they don't even have social media handles.

Those who are on platforms showcasing what they have gambled do that to satisfy their ego and bringing more followership. If you are a neutral gambler with huge bankroll, it doesn't mean nothing to use gambling as satisfaction of ego because you are happy in other endeavors not only with gambling.

It probably depends on your personality. Showing off the public like you have millions, I guess would elevate your status for a moment until you lost it all.

But the majority of us have plans to do with the money once we become a millionaire. Assuming you also have plans then I think you will still be moderate in gambling and then execute whatever your plans for the money.

By high rollers I guess you mean those that just gamble without being paid by the casino to use their site and publish it online; if you refer to those that gamble based on the gain they’ll get for using or checking out that service then it their ego will be easily satisfied.

But when you bring the picture of real punters then it will be hard for them to satisfy their ego no matter the amount of money they have except they have something that takes their time, even at that they’ll still manage to slide one or two tickets into their account with a large sum of money attached to it since to them money is not a problem they just want that feeling of playing bets not actually the return price.

When you have millions of dollars in assets you do everything based on what your asset can buy, so if you have millions you will buy the latest and the most expensive cars, and the most expensive clothes, your desire is magnified, so when you're betting, hundreds or thousands do not matter to you it's out of the percentage of your worth, hundreds or thousands to these high rollers are just worth pennies.

Like all of us here hundreds of dollars is worth a lot to us here in our country $100 is a one week salary so you cannot expect these people to bet hundreds of dollars unless he is a compulsive gambler and only live to play

It's never a question of ego with these guys. At this point, they're just trying to enjoy themselves with any gains they can get. Assuming someone is a millionaire who is spending $1000 in a casino every so often, they won't get cocky and sink a couple thousand more for their 'ego' to be satisfied. Besides, what would feeding their ego do in this situation anyway when they can't enjoy gambling properly?

With the number of rich people I've met that is into gambling, none of them seem to feed their ego in every gambling session that they do. They're just out there to have fun, and not make everything about them, or get serious in gambling to get more money in the end.

Your opinion makes sense to me and I believe that it depends on your own personality how you react with gambling and spending your fortune. For example, if it's me I wouldn't risk betting thousands of dollars because my ego simply is satisfied with smaller bets and I will enjoy my gambling session losing or winning.
Gambling doesn't guarantee you to win 100% of the time, but sometimes I do feel the urge to bet more my money, and it leaves me feeling confused and bad.

It will never end to fulfill the ego, it will always be there, and influence a person. If a rich person cannot control their ego from gambling, maybe they will lose a lot of their money at the gambling table and become the laughing stock of people. That's why ego is very dangerous if it can't be controlled, especially for rich people who have an image to maintain, sometimes it's their own ego that kills them.

"When the ego is already high, that's where carelessness will creep in."
A person will never be reluctant to bet a relatively large amount just because he wants to appear capable and look cool in front of his friends. And in the end it only leads to big losses in gambling. Therefore, stop trying to look capable and cool in front of other people because we ourselves will enjoy gambling and we ourselves will experience winning or losing in gambling, so once again stop trying to look capable by betting large amounts because when you If you lose, they will just laugh at you and think that you are a fool and when you win, they will just be the ones begging for your winnings.

What I also mean is losing control of how you bet because you are so rich and betting one time 1 million is not good so you keep on betting more until you reach that satisfaction that you want, as time goes by you are not satisfied with 1 million you go for 2 million the amount is getting higher because you cannot satisfy the level of enjoyment that you want to be fulfilled.
With this, if you happen to be very wealthy and you are a compulsive gambler you will be in a position to lose your wealth because it's hard to satisfy your ego in gambling.

If I am very rich, I will use small amount of money to bet. Because I am a low earner, I use 5% of my weekly income to gamble, but if I am a millionaire and receiving huge amount weekly from my business, I will lower the amount from 5% to like 1% or 2% or lesser. I even think I may not continue to gamble because I will prefer to face my business than to be gambling unless I want to have fun with friends.

Those who have millions of dollars in their wealth will obviously gamble thousands of dollars to satisfy their ego in gambling, this is not strange because they feel like they have a lot of money, what they usually gamble with thousands of dollars is usually not worth it, because in terms of income it may be more than that and that is their satisfaction as the status of the rich.

I didn't do that because I knew the addiction would be very serious and could cost me any amount of money including millions of dollars, I would still use what percentage would be put into the gambling game, I didn't want to overdo it because I knew satisfaction wasn't only in gambling but there were other things that could be achieved enjoy it with pleasure.

Wealthy gamblers tend to place huge bets to feel the thrill we, common people, feel when betting few bucks of dollars... Their reality is completely different from everyone's else, therefore their habits and necessities are different as well. It's all about the environment they have been living and how they adapted themselves to it. Things you have through easy access become insignificant and trivial, and since money is something easy and abundant for them, it doesn't have the same weight it has for us. To put 100$ or 1000$ on the table for them, it's like placing 0,01$ bets for us...

Generally speaking it feels like the rich who gamble tend to be ones who inherited the wealth or they just do it for the thrill. Once you reach a certain amount of wealth it is no longer about the money but seeking excitement (but there will ofc always be exceptions to this).

When you become a millionaire, your spending rate increases to that of a millionaire, and you wouldn't want to spend like a some one seeing thousands of dollars. Also the money that you will use to gamble will increase because if you want to gamble on a land base casino, you will go to the best and you stake with bigger amount. This is because the money isn't big to you because you can afford to lose it and you wouldn't bother about it. You already have a business that is giving you huge profit, therefore, you will want to always release cash out to entertain yourself and also spend on things that makes you happy.

You can't think of all people as same. Everyone has different personally, perception, characteristic. Some may spend without thinking about the consequences and some may not. If I had millions I wouldn't gamble it away. Rather I wound try to spend it properly. So no, not everyone is not egoistic as you may think. One think everyone may agree human desire is infinite. You can do nothing but be happy with what you have. I used to gamble a lot, not that I was a addict but only for fun. But ego never came between me.

If I had million of dollars why would I need to bet to satisfy my ego in gambling as I don't need to gamble at all as I would be happy enjoying my money.While most of us do not directly admit it we play to hit that max win or that jackpot which nowadays it can be as a bare minimum a big boost to our financial status depending on the bet we play and hit it.

I don't need to satisfy my dopamine level with gambling as there are a lot of other activities which can increase dopamine and adrenaline and of course there is no need for me to list them here as we all know them.As they say in our time if you have money you have everything and can buy everything except your mom and dad  ;D.

Whoever they are, it is very difficult not to be greedy for gambling. Good financial condition or good financial strength always allows gamblers to bet millions of dollars even if they lose. They will have the intention of recovering their losses by betting another million dollars, and the cycle will repeat itself until they finally realize what they have done.

I don't know how many people have habits like that, but I'm sure they are whales who will never be satisfied with what they have got. Gambling is fun, but I'm sure they don't do it just for fun.

Not all gamblers is gambling to earn a living or to improve their financial status. Most of the gamblers especially high rollers are those rich people that betting for fun to satisfy them since they don’t have anything to do. If you make gambling as a hobby, You will understand the entertainment you can get by betting high amount compared to small money.



This is our typical opinion since we are not rich but it’s different to them who already achieved it.

Gambling is where many are greedy because they will continue to be curious after the millions they bet lose then increase the bet again to recover, this will not be surprising because their habits will be the same as we have experienced. LOL
This cycle will still be realized, it's just that they always put the thought aside, what is on their mind is often to increase the bet in recovering the previous loss, it will be more loss not recovery.

If the pope is doing it then their financial balance is quite secure, so it is fun to spend more money on gambling, sometimes they sponsor thousands of dollars in gambling so that their followers can follow in their footsteps. This is just a small part of it!
But I feel that a millionaire is unlikely to make the next big bet.

I actually have a hard time knowing what their mindset is about gambling. OK, they have a lot of money, they won't feel deprived even if they lose millions of dollars, but that's definitely not a good way if they want to have fun. This clearly illustrates how greedy they are at gambling, even though they win large amounts.

I admit that greed or greed is very detrimental, especially in gambling. It is highly discouraged to gamble without limits even if they have millions of dollars in their account. Chasing victory often results in failure rather than profit.

I guess when it comes to money, some people seem to believe they have achieved something and want to be proud of it. And i do believe some people would use it to show of their ego.

You have to adjust relativity when you are talking about billionaires. I can't even imagine how i would feel betting millions, but i reckon when everything else is just pocket money, you get that gambling rush only by gambling amounts that mean something to you.

I am thinking common people wouldn't get as much excited if they would have to gamble with fractions of pennies. Which playing with hundreds would seem to billionaires.

Having enough money would satisfy what you want in some things. In gambling, your financial capacity would either allow or limit you to satisfy your desire of betting and taking the risk but will never satisfy the feeling of winning ‘coz no amount of money will determine the outcome. Only fate and luck will guarantee a winning bet.
The more money you have means the more you could gamble. The bigger your losses, the higher level of frustration you would be feeling which would expose you more to gamble and to take the risk just to get back with what you’ve lost. On e you reach rock bottom, that will only be the time you’d realize how bad the situation got into.

It all comes back to financial management, the richer you are, the more complex your problems will be and you have to spend as wisely as possible.

Assuming you are a rich guy, small bets can make you satisfied if you only have one goal to satisfy your gambling desires. The problem is, what many rich people are after is not only that, but also personal popularity and other things.

Surely, if you have millions and you're still continuing on your gambling activities then I doubt that you'll be gambling which your previous bankroll rather your bankroll will also go up depending on how much you already have.

Also, for highrollers, it isn't much about their ego but rather the amount that they gambling varies on their available funds they can gamble and if they a billionaires, they won't really mind losing hundred of thousands as those might be significant to us but not to them and they can earn those on their businesses. Just like what has been previously mentioned, it more on the ratio and proportionality of your funds to your bet amount. If you have 10,000$ right now, you wouldn't mind much losing more than 100$ and the same concept goes for a million or a billion.

If you have the money to bet millions of dollars, then most likely you are going to continue to gamble no matter what the amount you are going to win. I have known some whales in offline casinos and him and his wife continue play with millions and even if they won already, they will not stop. To the point wherein he said that he might get sick and in the hospital if he can't play even for a single day.

And mind you this guy has a huge business that's why he was able to sustain this run of his in the casinos. But sometimes, I have to think with the money that he has lost, that is enough for me to live for a lifetime. But it's hard to tell him straight up that he should at least minimized his gambling activity as he is just throwing millions upon millions in the casino every night.

having a lot of money will allow someone to satisfy themselves with gambling, win or lose, they will still play.
Then Spending money on personal popularity may seem worth it, but gambling is only a recreational desire and not to increase income. However, some people also use gambling as a place to enrich themselves, invite people and ultimately become even richer because they become gambling marketers.

I think the size of the bet will not be profitable if luck is not on our side. those who have millions of dollars and still gamble maybe they get their pleasure in gambling because of that they gamble. Unlike me, if I have millions of dollars maybe I will invest it because even though I have millions of dollars but there is no clear income it will have a breaking point, but if we are wise by managing it it will last for a long time. But it all comes back to yourself because people's principles are basically different so we have our own cho

Yeah right like I said everyone has different principles and different goals, I would probably do like you buy what we want in order to be fulfilled. That way there will be visible results rather than gambling without certainty with the winnings which in my opinion will actually spend all the money we have. in my opinion people who have millions of dollars but do not have assets that are sure to produce and only spend it on gambling, they are people who have a short mindset. why is that, because he does not think about how his fate will be in the future by only putting hope in gambling it will not be his future life.

It would really be always depending or according into your own preference because each person does have that different approach towards gambling and different levels when it comes to control and discipline towards ourselves which it doesnt matter whether you are an average gamble or a millionaire or whale. The main differences on here is the confidence that you do have since
we know that if a certain person does have that kind of confidence that they do have tons of money then it would really be that totally different comparing into those people who are really just that having an enough amount of money to gambling like having tens or hundreds of dollars when it comes to betting. It would really be just that that it is really that normal that when you are a millionaire or even billionaire on which you would really be having that kind of contentment which is higher comparing into those usual gamblers.

I think I finally get it now. The Drake question. This is why he does what he does. He is a high roller with a massive ego to satisfy that will and cannot be satisfied. He keeps wagering thosands and millions of dollars but the dopamine level cannot be filled. It will always be empty. High rollers don't know when to walk away. They simply try again and agains

There is no moderation when you bet millions. Not possible. If you fear gambling addictions when you have millions, you are better off staying away from gambling. If you don't your net worth will become thousands.

This is the best description for this and we cannot generalize the thinking of having more money you tend to gamble more, this will always depend on one person and what he desires for life. Your ego will always tell you what you want, and if you choose to gamble I’m sure you’ll be more satisfied since having more money means you can gamble longer and whatever amount it is you can afford it.

Having a lot of money will only satisfy our ego if we want to get more. Humans are greedy and will never have enough of what they have and will still try to chase to get more. Only awareness can tell us that we have gambled enough and it is time to stop gambling. After all, we've bet a lot of money that other people wouldn't be able to. But if people continue to gamble with many people, they will only be able to stop once their ego is satisfied. And if we ask when can his ego be satisfied? No one will know because it depends on each person. And if they experience a lot of losses and even go bankrupt, they will not stop but may borrow money from other people to recover their losses.

Does gambling needed up with that kind of goal that you are really that talking about? In general sense, it is really just that made for fun but turns out that most gamblers are really that changing up that perspective and really that focusing much about on how to make money and this is where things turns out to be messy on just because of those kind of wrong perceptions or beliefs on things specially with gambling. If you are a multi-millionaire then we cant really deny that there are really that things which we do really give out importance on which it would really be basically in mention about our ego,principles,wishes,targets,preference,interest.

We would really be focusing or just simply do on the things on what interest us and since we do have money then there might be some things which turns out to be above high on casual peoples limits like
spending on something.If he isnt really that contented on betting million on a single bet then he would completely be doing other ones or simply multiples.If he turns out to be contented with that kind of betting habit
then its their choice and their decisions to be made. They arent that dumb on betting millions without having those financial capacity or backs ups or something that they could sustain.

They wont really be making huge bets if this is their last funds and this is something a suicide thing to be done as we do all know. Its their money then its just right that letting
them be on what are the things that they would gonna do.

Humans are greedy, which is a typical occurrence in the system, but those who have already achieved their primary goal in life, which is generating monetary revenue adequate to pay bills and have them drive exotic cars and live in lavish mansions. What would your reaction be if you found such a person in that opulent lifestyle and still gambling? You'll be startled and wonder what sort of money he's still shortly after at that level of life. In possession of tremendous amounts of money, why are you continuing to anticipate gambling? Of course, there are other methods to make a great deal of income.

When it comes to gambling, I don't think there's anyone who's so rich that even if he fails to control his gambling engagements, he won't be able to become poor and that's why everyone who's engaged in gambling is advised to gamble responsibly. I've seen a very wealthy man that whenever he wants to gamble, he'll just gamble carelessly because to him, losing in gambling can't finish all the wealth he's acquired but a time came that he became addicted to gambling and was always seen in gambling centers. He was always losing because he failed to be strategic with his gambling habits and eventually become financially unstable to the extent that he started begging people who are close to him to help him out financially.
Gambling is something that must always be done with all carelessness regardless of one's financial status.

Honestly, it's hard for me to answer it correctly. In fact, we know for a fact that there are many who bet millions of dollars on a single match. In fact, we don't know how rich a person is, so he is willing to bet with large amounts of money. So, is it just about money? or increase someone's wealth if they win. the answer is, telative and variable. The problem is, everyone has different ways and points of view, including you and me. we have different ideas about gambling, what we enjoy, and what we gamble for.

Referring to the theme of your thread title, there is no need to be rich first before our ego will come into play. whether you realize it or not, you and I will always involve our egos both in social life and those related to gambling. But let's just say, we are gamblers who have a lot of wealth. whether the ego will satisfy us, in this discussion gambling. I can't guarantee it, but it doesn't look like it at all.

I will ask a different question with the title of this thread, whether you will be happy, satisfied, happy, with the winning sessions you get in gambling sessions, regardless of whether your bankroll is large or small. Well, you can conclude it and answer it for yourself. So it's like this, there's no difference, when rich gamblers bet on their favorite team, no matter how much money they bet, they will feel happy when their favorite team wins the fight or match.

Having a lot of money does not really determine how well you would be with your gambling habit, because sometimes these money you see to be really big might be what these rich people see as as small enough for them to just throw at the casino and if it doubles up they go happy but if doesn't they have no problem with it.

I think what really causes this has to be self control, if you have good self control, you wouldn't have to moderate yourself if you have got enough self control and a lesser greed, but then I don't think these people Play with such big amount because of greed rather it's basically because it's what they can comfortable afford to loose.

The question is if you had millions of dollars, would you use those millions of dollars to gamble? of course not, you will definitely only use 1% of your money to gamble, what about those who bet with a minimum of millions of dollars, of course they have hundreds of dollars so they have a lot of money that they want to bet on gambling. Remember, rich people who bet with a nominal value of millions of dollars, do not have a small income every month, they definitely have a large income that can cover all the gambling activities they do and usually it is very difficult for rich people who gamble to turn into gambling addicts.

These high rollers have different approach with their bets because they can afford to place big ones.
And they won't stop up until they have funds to supply their gambling activities and satisfy their desires.
Most of them don't care about losing those big amount of money, so no one should follow their footsteps if you can't afford such gambling lifestyle.
And some of them are popular personalities where they are bragging those high bets on their social media, so we also don't know the true story why they are publishing it on their social media. Who knows some of them are also being paid the casino itself?

Rich people have a lot of investments, they hire fund management agencies that give them investment advice, so rich people spend a lot of money buying luxury things, when they buy a car, they always choose the most expensive models, when they buy a private plane , they also choose the most expensive models, when they buy a house they also choose the most expensive houses. When they go to restaurants, hotels and stores they always go to the most expensive places. So rich people spend a lot of money because they know that in a short time they will earn money to recover what they spent. for example let's say a very rich person takes 1 million dollars and plays in the casino until he loses all 1 million dollars

When he finishes playing, he leaves the house to go buy things, he goes to luxury places that have a lot of women and alcohol and he forgets those defeats. For the rich, life must be well lived, he can quickly make profits of more than 1 million dollars and with that he recovers all the money he lost in the casino. It's very different from the case of poor people, when rich people put a lot of money into a game, they have no expectations, they don't plan what they would do with the money they bet in case of victory. while a poor person has high expectations when they put in little money to win and end up with a lot of money. and when he loses he becomes sad and thinks about getting more money to bet and recover the money he lost and it is because of this thought that the poor person becomes addicted

Yes, not all rich people gamble. Those people who work hard for their money will not waste it just to lose it in gambling. Those rich who gamble aggressively are the ones who experienced a wealthy lifestyle the day they were born; they are the ones who sensibly waste money because they don't know how hard it is to earn it. If I am right, I will never gamble, even if it is just for entertainment or a hobby, especially since I know how hard it is to have money these days. High rollers are also the ones who have so much money that they don't know where they will put it and end up becoming gambling addicts, which can result in their downfall. Why do they bet a high amount? Yes, because of their ego, they want to win big or they want to flex their wealth; in that way, they will satisfy their own ego rich people tend to do that.

In reality, if I had millions money I would never participate in this gambling game. I must have used it for good like if I had millions money I would have started a business where I would have devoted enough time. If I put all my time into my business, I won't have any bad stress and if I don't have bad stress, I will never participate in gambling. Gamblers like us always participate in gambling for entertainment and it doesn't take a minute for us to stop gambling. Because we know that gambling causes serious damage to a person and if a person is addicted to gambling, he can never improve in his marital life.

If the gambler is greedy in his winning from the gambling site,So he don’t satisfy with the high dollars as the winnings.Because the most of the gambler will get greedy because of seeing the big wins from the gambling.This is bad habit by the gambler to become the greedy person in gambling win,actually the greedy in the game will make the gambler emotionally week.He will start to play the game after every win from the gambling sites.If you had millions of dollars,the first thing is the gambler won’t worry about the loss of the gambling money.So he won’t become the gambling addicted person because of the loss.

Let us talk about this by percentage.  Just think how much percentage of our finance is allocated on gambling. I think if we have enough money to bet huge amount without affecting our financial capability, then I think we can bet huge amount of money.  Having 10 million of dollars, I think betting thousands of dollars will be easy for us.

I think the wagering amount we are able to bet adjusts or scales to our current financial status.  So when we are holding millions, we can easily let go of our money to bet thousands of dollars in one wagering.

I believe that a person can get pleasure in gambling beyond the amount they bet or can win.

above all, a gambler will not go to bet because he wants to get rich but because he likes the thrill of the game and has a passion on the activity.

Of course no all gamblers are doing for "earning Money" but just for pleasure of gambling.

The feeling of wanting to satisfy the ego in gambling does not only happen to people who have money. However, most people are already quite addicted, they will continue to gamble to satisfy their ego, whether they have money or not. the difference is that when they don't have money, they may only get into debt or commit criminal acts. Meanwhile, those who have money feel like they still have money and end up gambling again and again. So that they don't feel that their money is getting thinner and dwindling. So maybe it could turn around and end up having nothing and being in a lot of debt here and there. This often happens to people who are addicted to gambling but cannot control and manage themselves wisely. So they just want to satisfy their ego without wanting to control it.

If I were in that position I would not forget everything. I know, I have been yet as the richest person, but when I think at a glance, I just won't waste the money easily like the person above. Maybe I don't think like him because for me, hard to earn money today. Actually, we can't ignore the economic situation for each person, Maybe he can earn a million dollar a day, and waste it by 1 bet. And in the next day, he got 1 million dollar again and bet the same team. Of course, we don't talk about gambling where we must earn the money, but a fun hobby which can make smile even lose or win.

Sometimes someone who has a lot of money and has millions of dollars or even billions of dollars or can be called a very rich person will use gambling to satisfy their ego and even spend a lot of money in betting and if the bet they choose is correct they will be very happy , but I think their goal is not to seek profit but rather to seek pleasure.

and if they experience defeat and lose large amounts of money it will not be meaningful for them because they still have enough money to continue to satisfy their ego until they feel satisfaction.

I always think how nice it would be to have a lot of money and not even worry about betting large amounts and we won't be afraid of running out of money that we use for gambling because people like me always think long and hard if want to bet large amounts :)

It doesn't have something to do with the gambler's ego betting millions of dollars, they have the money and that's why they chose to bet with such high amount in similar way you will want to use $1000 to bet on your games and someone that's standing next to you may think you're spending much because to him that amount $1000 is too much above his pay cheque. 

Our financial position so have so much to do or do influence our betting amount and in sport betting the higher the amount used in wagering the lower the risk and as a result some gamblers don't probably like accumulating games to increase their potential winning instead they increase their wager to mitigate the risk.

Because I think basically the pleasure that people have is different. They have pleasure in various things, the things they do can bring their own pleasure because maybe that's the only place they can get pleasure. Losing in gambling even in a large bet value is not a big problem for those who have endless money to fulfill their satisfaction.

Of course everyone's dream is to have a lot of money, but the way to spend it is different, like successful gamblers maybe they will continue to gamble with the aim of seeking pleasure regardless of the defeat they experience. Even though they lose they will continue to play because that's the only pleasure they feel. In contrast to people who have a better mindset, maybe they will invest it or save the money they have with the aim of having many assets so that they can produce in the future. For them, betting with a large value does not matter whether they will lose or win, but as you said, I also include people who like to think long if they bet with a large value. Because of the doubts that exist when gambling. So everyone has a different mindset.

If I had many millions of dollars, I would still avoid betting or gambling a million dollars on a single bet. That is too insane and too risky in my opinion. Would it be better if i could bet with 100$ per bet and participate in many bets, rather than going as a high roller? Gamblers are not in any sort of competition to the highest roller.

As far as the ego or the interest in gambling is concerned, it should not be related to how big is the size of my bet, rather I would be more focused on how many times I can bet and gamble. (as every time you gamble it gives you another level of feeling, fun and satisfaction.

Long story short, even if you have a lot of money, it is better to use it wisely rather than just throwing it away in a single bet. Also how many times can anyone place a million dollar bet? No one has unlimited money. So better think about what you are trying to do as money lost in a bet is lost forever no matter if it is 100$ or 1000$.

Value can vary drastically when you have a lot of it. The item I've seen and heard about is something else. Betting millions on sports and casinos? It's about the thrill, adrenaline rush, and dopamine hit, not just the money. With millions, sometimes thousands won't do. You need more to feel more, you know?

Ego and dopamine levels... What a deep dive. Wealth can intensify some traits or aspirations. To gratify one's ego or get high can become insatiable. Not only is it about the money, but also about proving oneself or finding more thrill

Having millions and betting thousands is admirable. It displays control and understanding of addiction risks. However, until you're in that position, it's hard to say. Money can change perspectives, and even the most grounded people can get caught up in it. Always remember that it's not only about the money. Be smart and cautious

It seems like you have answered the question you asked yourself.

It all depends on each bettor income and wealth so its just about the amount they are prepared to lose according to what they have.

like the example :
a bettor A is worth $1m with a monthly income of around $80,000 as a responsible gambler he will only bet the amount he can afford to lose around $30k or $50k.

while bettor B who has an income of $100 per month will only bet according to his ability of $10 or $20.

well, from this conclusion it is quite clear that maybe as bettor B we say that bettor A is dissatisfied with fulfilling his ego needs, but that is a wrong mindset because it is not a lack of satisfaction in fulfilling his ego satisfaction, its just that bettor A has a bigger income spending money. that $50k not reduce his wealth but for bettor B its a really high amount even though its the same as bettor B spending $20.
its just about the amount of income as well as the ability or readiness to lose and this is just a misunderstanding.
maybe my opinion is the same as other users like @Don Pedro Dinero but to be clear, I am just explaining in detail.

To be honest, money can change a person's behavior, including when playing gambling, where people often act silly by continuing to double the amount of their bets because they think that they are capable of doing this and they do this to make them look superior and tough in gambling in front of them. his friends just to satisfy his ego. However, if you play gambling with only your ego, what you will get is only a feeling of disappointment, not satisfaction in your heart. Therefore, it would be wiser if we gamble appropriately and just enjoy the game without being influenced by other people. And bet with money that you can afford to lose.

And we need to remember that when we gamble with only ego, the gambling activities we do will become very difficult to control and manage.

I do not gamble for ego and I have not figured out how gambling and ego can go together.  Are there people who just gamble to flaunt their wealth like some celebrities do? Well, when I get to the level of gambling what many target to win, I won't flaunt such wealth in social media because I treasure my privacy so much. It is actually very risky to flaunt wealth like that on social media.


This is similar to the thought that gambling should be for fun and not for money, many people actually have this opinion about gambling. They have good reasons, most of which are seek to bring calmness to people when they lose money. But is there really fun I loosing?

                                                  those are truly Millionaire if  not billionaire , I have not seen actual bet of million but
I come to play with gambler that can bet 20,000 dollars per spin/roll in one game and that is insane already for me
what more those million dollars per bet?
                            or maybe is it not truly? that they happened to have tons of money and also wanted to Win big time?
because we seems to be putting something to them when the truth is not? that they are just enjoying specially ijn Online gambling?
I may follow if this is infront of beautiful girls or some friends that also a millionaire? but if online? what is the EGO for it when there
is no even one knows you bet those?
                            Maybe better to have a Millions first , because this are all speculative answers because we will
only comment depending in our capacity now , but when we are in their shoes? we can even bet more than what they did.

I think the way we get money will influence our courage in risking money in sports betting or casino games. If you are a businessman who makes a lot of money, I'm pretty sure you won't bet or gamble because you're busy taking care of your business, I can say that people who gamble regardless of value not only because they have money but also because they have time to gamble, because gambling is not an activity that can be done in between busy schedules because you still need concentration, like when betting on sports betting you need time to do analysis, and It seems like I'm not someone who would bet thousands, hundreds of thousands or even millions of dollars even though I have the ability to do so, because I don't want to get too involved in gambling and just have this as an occasional activity.

Of course there is difference between a addict gambler and the person who just gambler from time to time and there is also a rich influential gambler and that rich gambler who just gamble secretly and doesn't want to be known on the media about how much he gambles, all depends on the choice of how we want to gamble.

It is really a poor or average gambler that is mindful of how much percentage of his income he has to gamble but rich people who on a daily have loads of millions to their account, they don't give a damn about how much they put into gambling, to them gambling is also a business and investment because they focus on how much to aim on the bet and the stake won't really matter to them. They use capital to chase more money.

If many people have a lot of money I doubt they will be gambling, the reason why many people are gambling is because of the present condition that they are into, they need something that can increase their chances in time, and trying their luck through gambling is like a good alternative option for them, some part of me still gamble for money and the other part for the fun of it, I don't always want money from gambling but I am not throwing money away just for the fun of it either.

If I am so wealthy I won't think much about gambling, I have good amount of money in Bitcoin and other things, I have properties and lands I use for cocoa farming and others, mainly agriculture but I still consider myself not rich enough, some rich people are into gambling because they just like it, this isn't how they became rich, but they like taking the risk to gain some fun and excitement, but if I am in their shoe I don't think I will care about gambling.

Of all the most successful figures around the world, how many of them are into gambling? Maybe few, the reason they gamble isn't because of the money since they already have it all, but they are gaining some pleasure out of gambling, the most bored people around the world are rich people, they get bored after having it all and they look for something to excite them.

First of all, OP is asking about satisfying addiction with money. It's such a general question that it's almost impossible to answer. If I asked you if you were an alcoholic and had a lot of money, would you be able to satisfy yourself with the same amount of alcohol that you drink right now as an alcoholic, or would you drink the same amounts of better quality, or would you drink more of the same quality, or maybe more of better quality, and how much would that be?

I'm not an addict, so I can't say what I'd do in such situation. I don't have a strong ego, so again, I can't say.
I can only suspect that if I had more money I'd bet more, just like when you have a lot of money you live in a bigger house and have a more expensive car, so I'd probably not be satisfied with spending a few quid on a football match.

People are actually different though, me personally, like I am right now, I may or can have millions of dollars, and still be a moderate gambler, moderate gambler for me means that I may not even play bet or gamble with more than $100, not even the thousands of dollars op is assuming or talking about.

As long as gambling remains a fun fair for me, I will always be a moderate gambler.
I personally believe that those who are gambling in millions of dollars are not just doing it for the fun, but are actually addicted to gambling, this alone, I believe is the only reason why someone will gamble millions of dollars away and feel nothing, and will still gamble more away the next day or so, this is not about being super rich and having too much money to waste.

Well if you have a ton of money, it doesn't guarantee responsible gambling. It's all about setting boundaries and being mindful of the risks, no matter how much you have. If you're worried about addiction, talking it out with friends, family, or a pro can make a huge difference and having a solid plan for your cash, with just a bit allocated for fun stuff like gambling, can help too. Its like we find other hobbies or interests that can keep things exciting without relying solely on gambling.

I believe that moderate gambling means risking money we can only afford to lose. Take for instance Drake, he has an estimated net worth of $250 million, so betting a million or hundreds of thousands of dollars on several occasions is just fine. I also saw some millionaire celebrities showing their bettings on Twitter and they were in thousands of dollars like $50k. Responsible gambling is not about the amount but the percentage of what we have or the liquid assets.

My bets depends on my financial status. If I have a lot of money then I will also increase my regular bets. There's a lot of good stuff to do in life when you have money so I don't think I will have a hard time satisfying my gambling ego when I become rich.

Instead of losing millions in gambling, it's better for me to create a new business that I run well because, in gambling, I can't always win. I may still gamble but not in large amounts of money because I had a bad experience using a lot of money so I don't want to experience that again. Just let the rich people bet millions because they have a lot of money and can afford to bet whatever they want. We don't have a lot of money but we can still gamble even with limited capital and that's still better because we can also learn to control ourselves by not using a lot of money.

We also don't need to follow what rich people do in gambling because we are different from them. After all, we don't want to experience any problems during or after gambling, let alone experiencing gambling addiction problems. No, we don't want to experience a gambling addiction. For this reason, we must always take good care of ourselves while gambling.

Yes, it's true that those who are successful and rich certainly don't gamble to get money because they probably already have a lot of money so that's not what they're looking for, but entertainment that can make them happy. Sometimes when we become rich we don't have a goal in life other than To have fun, there is nothing to chase and have to achieve because you already have it so life will feel boring.

If rich people gamble to make money I don't think it will be possible because they have money they should be able to choose to build their own casino better than being a user, after all being a dealer makes money faster than a user that's why I believe rich people will not gamble for money but just for fun as I have seen in casinos where they gamble with their business friends for fun.

Yeah, It's crazy to see people who are just throwing millions around on sports bets and at casinos - we call 'em high rollers.  But I doubt most of them are just randomly betting big money for no reason.  The ones who gamble professionally or semi-professionally probably know what they're doing more than us regular folk who just gamble for fun and  of course they can still lose big on some bets since nothings guaranteed, but if they've been at it awhile, I'd guess most come out ahead in the long run. 

Casinos and sportsbooks love getting those high rollers in  'cause it looks good for their image and gets people talking.  But Id bet their real profits come from tons of small-time, amateur gamblers like me and you.

Personally even if I won millions, I'd probably keep betting normal amounts.  I'd be careful about the risks and wouldn't want gambling to take over my life.

Also, i do not understand what type of ego is that you started to high roll in order to satisfy yourself.  Betting and gambling with a large amount of money is not a status of an Ego but it shows that the gambler is immature and do not take into account the risk factor associated with high bets.

Being rich and being able to bet high roll, is not anything to be proud of. Yes, the thing that makes any gambler proud should be his winnings. If he is able to win big, this should not only satisfy his ego but it will be good for him and his near and dear ones. However, being profitable in gambling is something that rarely happens.

If I have this amount of money then I will never waste it by betting with all the money and should proceed considering the risks. There is no exact guarantee of winning in gambling. Once it becomes an addiction it is difficult to control yourself even if you have a lot of money it will not take long to run out every task becomes easier if it is planned according to the plan to reduce the risk. Gambling should be done as entertainment and it is better to try with small amount in the beginning and decide to invest a little outside of gambling. You have to prepare yourself and try to understand the various harmful aspects of gambling addiction.

The more money you have, the more you desire in life and this is the real scenario to many who have a lots of money to fill up their ego and you can also witness this in gambling. Though, I agree that everyone of us here have our own desire and our ego focuses more on what out minds set, but having more money I think this will be a different scenario, the way we live and the things that make us contented. Gambling can be a different scenario as well, you can become more addict and exposed if you have that kind of money.

I think it's attainable to be on that level of gambling but to get there wouldn't be easy and I don't think you'll be satisfied on that because for sure you'll want more. I don't think betting millions when you just recently make millions is a moderate gambling, that for sure will not be the case but just your greed telling you to go on. As a human we always wanted more and we will never satisfy ourselves until we no longer have the capacity to do it.

Let's say you earn $2,000/month and you mostly gamble around $200 for every month, so it means you're gambled away 10% of your monthly salary. While an artist or influencer that put $1,000,000 on a single bet, it's not mean he gambled away all of his hard earned money from 20 years ago, you don't know how big is they make every month. There's a chance if such amount is only 1% of his monthly salary, so losing a million bet will not ruin their life.

Man, I'll tell you, human is forever discontented. Even if you have millions, that thousands of dollars you will win is not going to be enough to satisfy your gambling urge. The higher the person is earning, the higher he is capable of spending and that's the main reason why a person may not be contented of what he have until he's get slapped with reality that not everyone is blessed as he is who can place a huge bet without bearing no remorse even if it means your losing.
Gambling addictions knows no limit, in fact the more you have budget for gambling, the more you're going to engage with gambling and of course the higher chances you'll get addicted.
A millionaire might not be living a comfortable life as you are. A millionaire means more responsibilities to maintain or improve his fortune. One thing you'll never want in life is when you're a millionaire and getting addicted with gambling. You will for sure end up broke in 1 to 2 years.

Billionaires don't hesitate to spend millions and enjoy life. Gambling is something where both entertainment and income are available together. there are many people who go to gambling for entertainment but winning in gambling acts as a big reward for them. Gambling addicts vow to quit gambling after repeated losses, but forget them and go back to gambling, money is not a matter for them

It is a natural process that people who have huge money are ready to spend high money for entertainment. Be it through gambling or any other means

If you are a gambler and love to gamble and if you are a millionaire don't hesitate to spend thousands of dollars on gambling. But if you have little interest in gambling, even if you are a billionaire, you will not be interested in wasting thousands of dollars on gambling

Compulsive gamblers forget the total amount of money that he has all they know is they have a lot of money to spend so they bet big and continue to bet big, the gamblers' bets depend on their assets a 6 figure guy will likely bet big, compared to 4 figured guy on his assets, people's desire and spending betting habits are magnified when their assets suddenly increase.
So it is high risk for a gambler when he is already a compulsive gambler and he hit big he will likely increase his bets until he eventually loses all his winnings its a vicious cycle for a gambler.

They became rich for nothing so provably they are more careful dealing with their money rather than those people which have enough money to spend and target a huge gain on casino. See a lot of this on any casino I go so this situation will not matter for only rich guy since anyone is prone for this especially if they think that they have money to spend or still have enough savings to use. The only difference there is rich people can still gamble even if they lose.

 But those people who earn enough is like that's all they got and maybe they will save up some amount they earn for few days and spend their money save to gamble then try their luck again if they could hit a big win that can change their life on those casinos.

Most of the high rollers run out of money.... and you can see that from the big tippers in the Stake.com chat that stopped tipping. You should just stop gambling when you realize that you cannot stop gambling any more.... and too many people realize that too late.

These high rollers get a huge boost of dopamine when they bet huge amounts, but they eventually run out of money.... because they do not have a income to sustain that kind of gambling.  ::)

No matter the amount of money we have, we should always learn how to control our emotions from doing things that will make people look at us like someone that has ego. If we can be disciplined and do thing ethically, we might not have issues with anyone although there will be people that will not like us just like some persons see Elon Musk from different angles. If we can be doing the right things and use part of our funds to help the needy, that would increase our fans and make the world to see us like generous kind of species. No matter how we spend our money, we should not use it to tarnish people's image.

If I have millions, maybe I will not even gamble at all as long as those are the money that I earned hardly.
I'm pretty sure those who have millions by hard work, wont use it for gambling but most of them will use it for other more potential business.
However even if I want to gamble while I have millions, I dont think it will change my gambling limit means that I'll stay as what I'm currently used to bet.
Maybe I'll increase a bit but it wont be something more than 3x of what I used to bet before I have that millions.

If you show your money ego in gambling then you have must be sure that you will lost it. I think that most of Gambler who started gambling don't have much enough money. Maximum of started from zero it's wrong to say from zero but small amount of money. If you have earned a lot of money from gambling. Then you are professional gambler or you are an experience gambler and you know if you show your money ego in gambling it will dump you down. In gambling sector we have to noticed money management emotion control and take risk to recover money. If you show your money ego and bet huge amount of money if you lost it will be a huge loss for you and it's too much hard to recover. That's the reason how much biggest Gambler you are you have to play with brain not with your ego. If you try to play with your ego it will surely put you down.

It is the usual conjecture, if the bankroll gives you that chance, you do it, it is that simple, it is not about social or economic issues. Or! The ego.

I think that in sports betting you see more betting professionals making million-dollar bets than recreational millionaire gamblers.  A sports bet is complex for novice/fish/recreational millionaires to make

Unlike traditional games where you see more recreational millionaires, in the case of poker I have seen guys who are recreational millionaires lose 2, 3 million dollars in a poker section and these are documented cases, but we talk about businessmen who They have lost up to 25 million in a poker night "among friends."

Some of these bets you see online about people betting millions might just be advertisements. Some might be real but others might just be for the promotion of the gambling company. No amount of wealth cannot be wasted due to irresponsible gambling. We have seen billionaires becoming poor due to gambling so just forgetting about past losses and keep gambling is the pathway to bankruptcy. It is important to always evaluate your gambling activities to see if you need to make adjustments.


Having more money shouldn't increase your gambling budget. There are so many things to do with money apart from gambling. The ability to control your gambling activities notwithstanding the amount of money one owns is the definition of a responsible gambler.


My income has increased recently due to an increase in the minimum wage of my country but I have not increased my gambling budget. This is because I am comfortable with my gambling allocation. Although your net worth has the potential to affect every area of your life it shouldn't determine how much you should budget for gambling.

That's why I prefer to be poor... so I never have to worry about making a big bet on gambling and losing a fortune in a short time ::)

But, I agree with you... I believe that the more money a person has, the bigger their bets are, and it doesn't matter whether the bettor is lucky or unlucky. The value in gambling is equivalent to spending on anything else: the more you have, the more you spend. I myself would like to have more money to spend each month on gambling, as the money usually runs out well before the month is over, but the desire to play is not there yet.

No one really prefers to be poor  ;D . Who in their right mind that has a choice to be poor or not, will chose to be poor? I would rather be betting larger amount than smaller ones if I do have a choice and it's also about how you manage your bankroll whether you'd lose your fortune or not. I can be poor or rich and continue gambling but be broke afterwards due to poor management of your gambling habits and funds.

Your desire to gamble usually varies depending on the reason as to why your gambling. If you're gambling to be rich, then you might lose your desire to gambling if your already rich. But if you're gambling to earn more money or just to have fun and support the sports team you're bias on, then you're desire to play and gamble will always be there whether you're rich or not.

Yes, you could say that they are actually addicted to gambling, but it doesn't seem to be a big problem for them because they still have enough money to continue gambling to satisfy their ego.
every gambler who has a lot of money definitely does not thinks too much about losses because their goals is just to waste money for useless purposes, like many cases of young millennials now they gambler or go to discos for the purpose of having fun, they do that because they thinks their money wont run out so I think it's naturals that they always find it difficult to feels satisfied if they don't feel bored enough to stop doing it.

Our expectations and thoughts changes over time. Once we have reached the goal that we are trying to achieve, it changes. That is why you see millionaires and billionaires that seems they dont have contentment at all.

Say that you are already contented as a gambler to have a million dollars but you might change when the actual money is in your hand already as you become not contented because you want more or you are confident to gamble more because you have a lot of money already.

Whale gamblers can easily spend their money in gambling and move on because that amount (worth millions bet) is what they set solely meant for leisure. They can spend more to satisfy themselves, but not all rich people have such mindset. Because even some rich do gamble, they only spend less just for entertainment.

If i'm rich, I won't spend my fortune in gambling just for my ego. I will gamble just like others who wants to try the game, have fun but not with a main desire of gaining huge. Because that's hard to achieve in gambling hence much better to gamble with set amount.

To me this is just about the spare money you have at your disposal, for example you can buy a cheap car for just a few thousands of dollars or you can buy one for several millions, and while both perform the same function, which is to get you from one place to another, there is a massive difference on their cost.

And when you think about it the same is true for almost anything you may think, things like clothes, houses and art hold a massive price difference between the cheapest and the most expensive option, so I think it is natural those that have a lot of money also make way higher bets than what the rest of the gamblers can afford.

I think this would be  challenge about character and desires. I was always taught to spend less and be happy with spending less. Coming from half poor peasant background. (Grandpa moved from village to city). But if had millions of dollars, I would be lot more relaxed with my spending. So obviously I would become hard to satisfy with miniscule gambling wins. I don't know this automatically makes some egotistical and selfish. But I am sure being rich would mess my gambling habits a lot.

If you have millions then losing even a few hundred thousand won't hurt you financially but the question about satisfying the urge is subject to every individual. I won't be a high roller even if I have money to bet high roller cause I feel it may induce that habit which could become dangerous financially, so I will be keeping my gambling activities moderate.

Once a gambler is always a gambler is the case of you making a fortune from gambling, it's easier to quit if you aren't making money and it's more possible to get addicted once you make a win, so my answer to your question is if you make a fortune through gambling you are still in the clutch of gambling, you will always make a comeback, I feared this part in gambling because this means your gambling lifestyle can one day take it all back from you.

If you make a lot of money from other sources that's not gambling related you will take gambling as less addicting compare to someone who makes all his biggest money from gambling, it's a never ending rollercoaster, it takes will and discipline to escape that gambling feeling, that feeling of wanting more is very dangerous.

Like I always advice my younger ones, to choose their source of income or source of making money wisely, because the moment you begins it start becoming a part of you, even our businesses becomes a part of us, that's why you will see some elder people whom business are not good anymore but find it hard to switch into another, they are already used to the old business and it's become a part of them, so be careful what you choose to be a part of you.

Although we know that many rich people don't gamble we also know that some rich people gamble. Of course, the amount one wins in gambling is also important in order to satisfy one's own ego but I think that only obtaining large consistent gains will be enough to satisfy the ego while gambling.

Even though I'm not a rich person, I would like to give an example from myself. For example, in gambling it is very important for me to make a high profit in terms of amount in order to satisfy my own ego but winning is more important. To give a more detailed example, making a profit of 1000 times my bet from gambling is enough to satisfy my own ego but there is a very serious difference for me between winning 1,000 USD with a 1 USD bet and 5,000 USD with a 5 USD bet. Of course, the more I win the more I can satisfy my ego and obtain my potential winnings in gambling in the most efficient way but in the scenario I mentioned only gaining 1,000 times profit may be enough to satisfy my ego.

Of course, many rich individuals don't gamble with small bets of 1 or 5 USD as I mentioned but this completely depends on the person's budget. I'm sure that a millionaire would satisfy his/her ego if he/she won 100,000 USD after gambling 100 USD but 100,000 USD may not mean much to this person in terms of the amount.

In summary, I think that the person's ego will be satisfied by gaining profits hundreds or even thousands of times the bet amount but this will partially have to do with the amount.

I believe that gambling is a percentage based adventure for the majority of players. People have a rough fraction of their total networth in mind that they would be willing to use for gambling. A millionaire will spend much more on his bets than the average gambler and it will mean the exact same thing for two. We shouldn't feel jealousy when seeing all these large betting slips, it's the same like high roller tables in the casinos. There will always be people with more money and willing to spend it freely. I also think it makes a big difference how you got your fortune, if you just inherited it or got lucky then you are more willing to gamble big, than when you had to work hard for it. For me it's the same like you, I wouldn't suddenly increase my betting sizes only because I have more money. I would stick to my usual routine and try to avoid becoming addicted. Another big thing is that we don't know what goes on behind these large betting slips being posted online. Maybe some gamblers have an agreement with the casino to promote their business and get a cashback for any lost bet.

Rich gamblers has their pattern, some of them gamble just one particular match in soccer and their stake is much higher than an average person's, rich people are after making millions with little odds and a high stake but an average person's stake is little with a high odd, this why most times it takes ages for an average gambler to win in sports bets because of their staking power and multiple game selection, but in real sense I don't think rich individuals satisfy their ego in gambling because once you are into gambling no matter the amount of profit you make, you will want to go for more. But if I am to be in this position I rather invest this money in other things instead if gambling to satisfy my ego, anyway different rich individuals with divers satisfaction.

Real rich gambler bets on much with normal odds as long as they like the team. They are betting to enjoy the game through staking. There’s no sense for them to bet huge amount for low odds because this kind of betting pattern are for those people that doing all-in bet and relying on low odds to guarantee profit.

Rich people has a lot of bankroll which means betting million will not gonna broke them. Drake bets is good example on rich throw money on gambling like nothing since he bet on his favorite sports team or player and not based on the odds since he doesn’t need to resort on small odds huge bet just to get profit because a hood source of income outside gambling.

  Addiction is a language that is too rigid, like this, something that has been enjoyed and runs continuously will cause a reflex effect and become commonplace.

  If this activity makes you stay calm when the condition loses or wins, it means that you are ready with any capital and still get a happy effect to enjoy, in the event you're curious about installing it is human and that luck can be repeated by chance not from a hard work means that anyone who plays knows the consequences.

  You don't need to be too serious about losing because it can be in favor even though the potential to win is not too impossible, ego is part of the desire and fun is part of the game.

It's worth it if I win, the problem is that it's part of the ego that's hard to fight. Goals like this accompanied by excessive dedication can make someone change their wealth status due to gambling behavior that is out of control, for example placing a big bet on a sports match where I am not sure about my predictions.

What you said is true, there are factors or forces behind money that if most persons are privileged to be wealthy they tend to be influenced by the money were as seeing everything so comon and always ready to competite with anyone, so truly money can change person behavior.

Perhaps even if they gamble they tend to gamble so aggressively because they have more on were it came from and so that people could see or speak very highly on them.

I have actually seen that kind of person on a gambling shop, however because of the money he has the opinions of other gamblers did not matter to him because he sees others as people who are subject to him.

We can only answer that once we reach that level. For now, our response is based on what we think without the actual experience.

As I said on another thread, gamblers' satisfaction has no limit regardless if they are newbie, casual, or professional whales.

The advantage though of having millions is, that these whales or high rollers are not pressured much since they have lots of ammo in their pocket. With that kind of large bankroll, they can play and last for a long period and might also have big wins on the way.

As long as am not dependent on the winnings from gambling to survive, to pay my bills, to move from one place to another as when needed, and I earn just as much to cover any gambling indulgence, I would agree a lot of money with less responsibilities would satisfy my ego in gambling.
It isn't the case many of the times though, because an addicted gambler would spend in proportion to the amount of money he /she has just to satisfy their ego.

Ps: I must know am good at gambling for sure, before I can be crazy enough to be satisfied with such a lifestyle.

let's admit it we can't be having millions to our name being so stinky rich and still be playing thousand dollar games it's just not possible to control the financial status influence with our wagering amount as we gamble,. The amount of money we spend in gamble be it within a limit or beyond it represent our financial level as nobody can gamble beyond what he has. We believe that having so much money to gamble gives you higer advantage to win huge money and that's why if you look at the rich gamblers especially in sport betting they don't accumulate odds, they can just pick a single match of 2 odds and bet on it with let say $1M and make profit of $2M easily even though that's not always the case .

I agree, most of our answer is just a possibility and not an actual decision since many of us are not yet on that level of wealth.  But I think with the way we gamble, we might take a hint of what we will be spending if we have such amount of money.  I think that if there is a lot of extra money in hand, we can surely spend more in our gambling activities.  A hundred or a thousand bet is nothing if we have millions of dollars in our stash.

But I think bet is irrelevant to gambling satisfaction of a player.  As long as he enjoy what he is doing, a gambler will be satisfied even if he is betting the minimal amount for wagering.

An addicted person never really knows when he is satisfied because for him every try in his gambling act is a possible win even when he or she has millions of dollars in his possession. I think for some folks, the whole gambling theory is just to experience that feeling of actually wining not minding if he or she is actually going to squander his money if he actually hits a losing streak.
Gambling can be crazy sometimes and some of rich guys actually just gamble for fun while most other people see it as a means of income.

No matter how much money you have, it's all about the feeling you get on a big win. You're always chasing that high so to speak. It's like a drug that you can never get enough of. If you have won a million dollars before in 1 bet, all your small wins will feel like nothing. You'll always be looking to have that feeling you had when you hit the million.

The gambler will not require the winning for their survival to the life,because the gambler use the free money to the gambling sites.The few gambler use the full income to the gambling,So they will wait for the big win and play the entire match only for the win.So he can cash out the money from the gambling and use for the real life expenses.Earning from the job is not alone to become the successful person.To most of the gamblers,the big win always satisfy the gambler ego.So they can do the use of the money for their needs.The gambling sites give more win for the gambler was passionate based on their luck.

True, just like on real life scenarios on which we could really be able to buy the car that we want but on the time that you had achieved such goal then it would be normal that you would really be liking to try those luxury brands or something that you hadnt try. It would really be just that so normal that human beings are really that easily to be get bored on something that they had attained or reached.
Just like when you do gamble on which if you have already come into a point on hitting 1M winning then you would really be that trying to reach or hit up something more bigger or higher
on which it is really just that a common behavior for most gamblers specially to those who are multi-millionaires.

Somewhat this is really that actually situational considering that not all players are millionaires and if there's one who do able to make millions but only got from small bet with higher multiplier
then i doubt that they would really be that spending up those money all in gambling again.Partly yes but not all the amounts and for sure they would be buying onto those things that they do like or want.

Of course if we have a lot of money, we will probably bet big because we can afford to do so. If people don't have much money but insist on betting big then it is a mistake.

However, when it comes to ego, greed and emotions when gambling, it depends on each person's responsibility in gambling. I don't think it's a guarantee that people who don't have a lot of money will be more careful about gambling. I see people who speculate excessively by risking all their money on gambling

But in my opinion, it is very likely that people who have a lot of money will spend more money gambling, because if they are emotional because they lost gambling, they will probably make big bets.

Human greed is truly bottomless. I understand that when you have millions, you will confidently bet large amounts of money. But how much money is enough for our ego? Even people with billions of dollars in hand find it difficult to satisfy their ego in gambling.
If I had millions of dollars in hand, I would gamble modestly with a small initial capital, or I would give up playing chess altogether. Because gambling is simply for entertainment, when you have money, many other games will replace gambling. If you still express your ego in gambling, then I'm sure you are addicted to it.

It's not really about the ego, in my opinion, but the actual reality is that your expenditures basically depend on your income or net balance that you have. So if you are someone who either earns a lot of money or has a lot of money readily available all the time and you are the only owner of that money, you will tend to spend that money according to your financial status, and gambling, in this case, is no exception as you will obviously use more money in it as well.

So, I believe that the people who are high rollers and use millions of dollars on bets are actually doing it just like us, but it's just that their income or net worth is so high, that they can't make small bets because even if they manage to win after making a small bet, it won't be worth anything in front of the wealth they already own.

Yes that could be true, because basically the higher a person's income, the greater the expenses, whether it's for the necessities of life that are a little more luxurious than others and also whether it's for a desire that is certainly higher than people who have an income below average or middle class. So yeah right I also wouldn't say that this is entirely because of ego but maybe they are trying to balance their income and expenses, honestly I wouldn't say they are frugal because obviously if they are one of the frugal people then even though their income is quite large but they will try to minimize the needs or desires that are completely useless like for example spending money on gambling, it's very possible when you are already involved in gambling, for the amount I don't know but certainly it might be quite large.

Well it makes sense, rich people may also do the same thing as us especially in gambling but maybe the difference is that the amount of their budget is much higher than us, but it's just a matter of balancing with the finances that we each have. Exactly, that's what makes them not put a small budget when gambling because obviously even if they win it might not mean anything to them, the point is big for us is not necessarily big for them.
 

I think it completely depends on each person individually.  Everyone is a bit different in how they handle and or spend their money when they've got a lot of it.  A lot of people worked hard for that moeny and aren't willing to just give it up so easily.  Others may have worked hard but have no problem gambling with it, as perhaps that's how they became to have so much money on hand, taking gambles in life.

Being rich, gambling millions at the same time and the perception of being a fulfilled person is a topic is rather of a psychological and philosophical nature.
In my personal opinion, it becomes increasingly difficult to increase one's level of happiness the more one has as an individual. The human being is an species which always look to improve their situation and live as comfortably as possible, thrus we work to get to it and make sacrifices for it.
When someone wins the lottery and become rich, they may feel very happy for some weeks or months, before that life or status becomes their new normality and starts to seek to increase their standard of living even further.

The highest you get in status and money, the more painful can the fall be and the harder becomes to climbing even higher for happiness. It does not matter who much money one has, it is key to be humble and respect others.

I think it still depends on the person, because there are millionaires who are not really big spenders. But oftentimes, rich people tend to bet that immense amount of money simply because that is something that they can afford to lose. Based on my observation, rich people really enjoy spending a lot of money for their entertainment because they can afford those like golfing or even buying a yacht. And that is the same thing as spending millions on gambling. I don't think that rich people have a high level of enjoyment, it's just that there is leisure that is built for rich people which only they could afford. Because I think rich and poor people have the same level of enjoyment. And we cannot quote them as gambling addicts just because they're spending huge amounts of money, because their gambling habits are still controlled. Gambling addicts are those who cannot afford any bets, but still try to do betting which leads them from having debts.

If they have worked hard to make a lot of money, they will probably appreciate their hard work more and will not spend their money on things they don't need. If they are used to gambling but have self-control, they will not use a lot of money to gamble because they feel that the money is for their family and not for gambling. But if someone doesn't have good self-control, they could use a lot of money, maybe even all their money, to gamble to fulfil their desire. And it's true, it depends on each person. But those of us who already know the impact of gambling and the temptation of gambling may not choose to use a lot of money to gamble.

You are very right, atleast, I know of someone in a city where I used to live before I relocated to where I live right now. This guy grew in business and is doing extremely well, back in those times, we were all friends and normally do sit together every evening to play some games which involves us staking some money at times.

This guy will only join us to play the game when ever we are having a free play, but when ever we decide to bet money, he will simply opt out and just sit aside and watch. One day, I personally asked him why he doesn't like to join us to play games when ever we are playing for money, he simply told me that, he worked really hard to get to where he was at the time, that every penny is so important to him and his business, he can't afford to lose any of it even though there is the possiblity that he could win more in the process, but that he doesn't like to depend or put hope on things that are not certain.

Your comment made me remember this guy, he is a true definition of a man who made money, but can't enjoy it because he feels money should be preserved, and not be put into things that are high risk, like gambling.

This may be true as OP already said, having our ego satisfied may comes along with some pride which we will have to use our money as the sacrifice in pursuing after that, but the rate of how we have spent money so far will be the determination to wether we can be able to control that ego or not after considering the money spent so far, we also have different rate at which we all can afford to spend money on gambling just as the rate we also have money differs from each other, but as I've said, the rate of losses we made will help control our ego on spending further after realizing the way we've gone so far.

I think it would be the same case with millionaires. We have less money so we bet with lesser amount.
Rich would be betting with more money but even they would be having a specific budget for gambling.
If they start using all their money and keep losing then even they will freak out and go crazy.
As said, rich or middle class, they can only gamble happily until they are gambling within their limits.

It will be difficult for rich man to bet with huge amount of money and forget the bet because, they have more time to focus on sports to know the bet that has enter and the ones that are not enter because they value that money they used to play the bet than their daily activities. There is no amount of money, I will have that will satisfy me in gambling unless I just decide to apply sense in a way I will have amount of thousands i will be using in a day to gamble because, if you want to follow gambling with your millions, I think it will finish for gambling without allow you to recover all the money you have spend on gambling.

But if you are addicted to gambling as a wealthy man or woman, you will never be satisfy with your millions or billions in gambling because you will always feel there are still more money until you empty your account.

I doubt what happens to some members who come here and they say bet in the amount of $xxxxx on a certain casino site, because anyone can talk nonsense my confidence for them actually doing it is 10% meaning 90% I don't believe their bets in high amounts.

Indeed every human being has a selfish nature, indeed every human being has their own way of focusing on themselves, but even though they think that they are the most selfish, but this is rarely done in gambling, especially with large amounts of money, it could be talk that cannot be trusted.

As far as I know, everyone in gambling must think about the risk effects that could occur without realizing it, maybe I'm not gambling crazy like they do.

It's not all about gambling and satisfying one's ego. From what I understand about millionaires and billionaires, they are of different kinds; there are most of them who will really take all kinds of risks to double their money; it also happens in trading. Some will invest a huge amount in trading, and they will also set very high leverage, believing that the market will definitely go in their favor; sometimes it does go in their favor, sometimes it doesn't, so it's about the ability to risk with a very small chance of winning. Definitely, they will not put 80% of their wealth into gambling. If a millionaire has about $990 million to his name and he or she uses $90 million to stake a game, you will see it as being crazy, but it's a risk he is taking with just a small percentage of his total wealth.

not sure if they truly easily forgetting that?
we are talking million dollars here mate so even billionaires will take it hard to forget ,single bet and your money is gone? common mate lets be realistic here.
If that is not ego at least it is all about satisfaction mate , I have experienced making my capital to x20 before but did not contented me and aim for higher win ending me as a loser and regretting that forever.

it is yours mate, and we have all different attitude and views in life ..for me not because my capital is million i need to aim for another million (not unless I have lot of time to spend )

I don't know. That looks too much and I really think those wealthy people are better when it comes to protecting their assets. Gambling for them will be more fun and not about trying to make more.
Some rich people visit physical casinos not because they will gamble but more of a meeting place with a bit of fun that will happen with their partners or a co-owner of some brand of business. Spending that much seems to be a waste of money and it could've been used for another purpose like investing with different assets, funds, or may even cryptocurrencies.
IMO, the rich will not be putting their money into a high-risk game like this, I mean, they are better than that. But that's just my opinion and there maybe other rich guys who really likes to gamble more than invest.

Using some money to gamble is better than taking the risk of using most of the money to gamble, especially since we know that gambling will not give us wins more often than we want. If we have a lot of money, it would not be advisable to use it for gambling just to satisfy our desires and ego because we need money to meet our daily needs. And even though we have a lot of money, we don't need to gamble too often or place large bets because the risk of losing the money will also be large. It's better for us to save the money for our future or use it to open a business where it will be more promising to make a profit.

I heard a story about a korean guy that live here in my country who has lost in gambling like more or less $6.2M and became broke. Maybe that guy was chasing loss that is why he end up with massive upset. Luck is not on his favor that time but he keep on betting just to hit the end of his gambling career. He ends up selling noodles on the streets so he can buy basic needs. Gambling really depends on us specially the way we treat it.

Yep, but it doesn't rule out the possibility that rich people don't hesitate to spend their money just for entertainment, even betting on their favorite team. We also often see the news, hearing stories about some rich people betting with large nominal amounts. some of them, do not hesitate to share it on their social media. So, it's not always as specific as you say in this post. although in theory, most rich people are more focused on being busy with their business, plans, and even the programs they are running.

It's just that, basically they are the same as us, humans who need entertainment. Even though it's not necessarily specific to gambling, quite a few people like it. we can refer to gambling on cruise ships, which are surrounded by rich people, business people and all kinds of things. once they have a holiday, entertainment. He doesn't hesitate to dig deep into his pockets, just for the sake of his pleasure.
related to the theme of the title of this thread, the answer is actually very relative and varied.
IMO, it all depends on the individual. But the reality is that we as humans, always want to satisfy our ego in whatever way. especially if we are rich people, our ego will usually be very high. especially, when gambling is involved. but back to what I said at the beginning, it all depends on the individual and how someone reacts to it.

There's no fixed answer when it comes to the amount of a wager. It still depends on personal preference because there are millionaires who find the excitement even when betting $100 per bet. So, we can't really make a general rule based on a specific amount, as everyone has their own level of satisfaction.

Personally, at my current level, I'm not yet a millionaire (hopefully, I will be someday), and I find it thrilling to wager around $50 per bet on sports. Most likely, it will increase when I reach the millionaire stage, haha! I'm thinking maybe $1,000 per bet? I don't know.:)

What complex problem do you mean? Is it still related to money or business? But I heard some rich people don't have a problem about money anymore. They don't need to spend wisely and they can gamble whatever they want. It's important to reduce their stress that came from their other/non-financial problems. In gambling, there are two things that a gambler can possibly get. And that is profit and entertainment.

Those who bet small are probably playing for entertainment only while those who bet huge are likely playing for the profit. Gambling seems not a good way to get a fame because many people are against with it. Though maybe it's fine if this is your origin.

That would be really bad obviously. I will say the opposite, we should be wiser in spending our money. If we do not spend money wisely, we will down into something really bad and we may become poor sooner or later. As long as I know, rich people are spending their money better especially those who become rich start from nothing, due to really hard work, they will spend money wisely because they know how hard their effort to be rich.


For profit or for entertainment has nothing to do with the bet amount. We cant deny that 99% gamblers want to make profit regardless how much they bet.

yep, that very reasonable and not necessarily rich people bet large amounts or even small gamblers also not necessarily bet small amounts in fact many small gamblers try to bet large amounts because its all about the satisfaction of each bettor not just about money. and if you have the ability to bet $50, thats okay, the most important thing is that you enjoy it, feel satisfied with the results you get and are able to take responsibility for all the choices you choose and everything you plan, this is the best for you and enjoy it.

What a pathetic story, he would be there somewhere thinking about his past mistakes and hoping if he could actually turns back the hand of time, maybe he could have make the right decision and corrected that, but that is gone for life, that is why it is expected that we retrace every of our steps before taking them because they may cause is a live time consequences we may not like, there's nothing in over doing something.

In fact there are people who extends their bets to the limit that they can't handle it if the bet is lost just because of the additional adrenaline rush they can get from it. There are people who just trying to make it a little riskier for the sake of enjoyment, thrill and of course the ego. I agree that there's no correct amount of wager or bet on gambling, it depends on the gambler on how much or how strategically he will use the gambling money that he has. As long as we are enjoy doing gambling and being responsible in it, it's fine.

Agree, the amount of bet depends mainly on the mentality of the gambler. It doesn't matter whether he is rich or poor. I have seen rich people who bet very little when they do. And some poor people whose financial condition is very bad but they gamble large. They are not much interested in small bets. As much as possible they don't feel motivated to bet without big stakes. There is a matter of mentality. In gambling it is very common for some to have different intention on their bets. It is difficult to say that even if one has more money, one will be able to place big bets in gambling.

We should be ready to learn from others so we can stay immune from excessive gambling that could hurt our personality when we want to take decisions. We are required to be a decision maker no matter anywhere we find ourselves. We don't need use our influence recklessly to hurt other people because they don't have the power or the opportunity to make decisions that would influence their lifestyles positively without us being at the middle. Ego is something that could melt us down if we are not too careful and we use it because mere looking at it, everyone has ego at one point or the other but we should not ever use it to hurt other people in a bad way.

Agree, even in the losing stage gambling can produce an adrenaline rush. We can say that it's the trigger of chasing more of their losses. As you have said, a gambler overspend with the gambling budget because their previous bet was lost. Making a certain gambler decided to bet more and hope to at least recover the lost money.

For me it depends. If you put gambling as your priority, you will really find it hard to satisfy your ego with gambling, and because of that the rate of gambling addiction is also very high. However, I still believe that even the richest man alive has still limits on its gambling habit. But definitely, that would be millions of dollars as they are still comfortable losing that. But if you put gambling as a means of fun and entertainment, then there will be less possibility for addiction to develop, and most probably the amount used to gamble is not that big.

Moreover, not all rich people are into gambling. Most of them are into investments and expansion of their businesses in different countries. If they find time to gamble, most likely just to relieve their stress, or just to enjoy and have some fun during their leisure time.

Its wrong to think that wealthy people are only interested in their businesses and dont care about their hobbies or, in some cases, gaming. In fact, they can be very indulgent, showing up as high-stakes plays. A cruise ship casino that is packed with rich people is more than just a place to relax; it becomes a place where people's wants and needs come together.

But your claim that ego pleasure is something everyone wants, especially rich people, needs to be looked into. Everyone wants to feel good, but the middle ground and extremes are different. Gambling might only be a sign and not a normal reaction. The line you draw between being consumed by business and finding solace in gambling is not either/or; its more of a spectrum that depends on a lot of different factors.

It will be difficult to satisfy our ego by gambling, especially if we don't have a lot of free money, because it will gradually only take away money that we would use for our family. And if that is the case, we will not be able to meet the daily needs of our families, so we will be in difficulties that may be even worse. Rich people know their limits when it comes to gambling, and even though they have a lot of money, they will not take risks with their money. They will stop gambling when they have had enough and will leave gambling without thinking about what has happened.

It would be better if those with a lot of money used their money to invest or create a business. This will allow you to make money and grow your business even bigger. And if his business is big, that means he will make more and more money so that he will become richer. And they can still use gambling just for fun in their free time.

You will never know until you have the millions and you should only take the advice of those are betting thousands of dollars.

I have yet to be able to bet thousands of dollars but I will say from the experience of others that unless you have an ego and reckless financially betting moderately will always be the goal for you because when you are rich your perspective of betting is not the same with the poor person. Betting at that time is done to close deals, bond with business partners or just to burn off steam and not for the winnings.

Both are related to wealth. What I mean here is the problem of financial management, because it is clear that it is not difficult for rich people to make money every hour.

This doesn't mean that rich people never waste money on gambling, it's just that their gambling motivations are difficult to predict and our perspective is different from theirs regarding big money. However, it is very rare for rich people to gamble because they have income problems. I'm talking about rich people in general in any country where they are required to have a financial literacy background.

Everyone regardless of their level of wealth has money problems, the poor have the problem of having too little money, while the rich have the opposite problem and need to find a way to protect it and increase it.

And if anything money can become an aid that can make any addiction many times worse than what it could be, as someone that does not have a lot of money cannot keep their addiction going on for long, while a rich person could do so until they destroy themselves and everyone around them.