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Author Topic: If you were rich, would you still gamble?  (Read 103512 times)
katrimans
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November 07, 2016, 08:03:13 AM
 #3161

In short, we will likely have more playing times when you are rich because you have plenty of excess money to mess around in order to be entertain and just having fun versus people that have limited resources in terms of finances. This only means that gambling, as a general rule, must only be perform for entertainment only and not for profit if you don't know what you are doing.
While I agree that gambling is a good form of entertainment and fun but you should never gamble even if you are rich or poor because it brings addiction. While you are rich too rich to forget such losses in addiction but a time will come when you will be rising too much because gambling gives you a addiction that enables chasing losses.
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November 07, 2016, 08:06:31 AM
 #3162

Seriously, what would be the point if you are rich and you gamble. You can own a casino when you're rich. You don't need to gamble anymore and take a risk which carries a negative expected value. You would take a risk that has a positive expected value, which is why casino owners are somewhat richer than gamblers.

The answer to that mate is that they are entertained when they gamble - basic. Because this is the reason why casinos are being built in the first place. Rich people are entertained when they gamble using money that they can easily get back in their business and the like. That is the reason why they gamble and don't care owning casinos.

But owning a casino is good decision instead of losing money there, I personally would like to run a casino if I were rich there than it will be nice to entertain himself with this way, but entertainment is only purpose behind gambling and that is main reason.  
Rich does not call it as they are losing their money in gambling, if you are rich that would mean you have a business already and not all rich has the interest of running a casino, they have more legitimate business which they are using their skills.

Rich gamble for fun and not for profit.

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November 07, 2016, 11:24:44 AM
 #3163

well if i woke up and be a millionaire, I would still play gamble because gambling is a game for those who wants challenge and increase there funds more. Wink
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November 07, 2016, 12:05:08 PM
 #3164

well if i woke up and be a millionaire, I would still play gamble because gambling is a game for those who wants challenge and increase there funds more. Wink
I don't think gambling is a challenge ,games are challenges gambling is an act of betting .if you want challenges just play games .Gambling cant increase your funds ,thus gambling makes you increase of losing your funds.
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November 07, 2016, 12:38:48 PM
 #3165

It all depends on where we get the wealth. If I became rich due to receive inheritance worth very much, of course I will continue to gamble. But if I get this wealth because of my business is booming then of course I will spend most of my time on taking care the business. Thus the less likely I will continue to gamble.

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November 07, 2016, 01:27:58 PM
 #3166

It all depends on where we get the wealth. If I became rich due to receive inheritance worth very much, of course I will continue to gamble. But if I get this wealth because of my business is booming then of course I will spend most of my time on taking care the business. Thus the less likely I will continue to gamble.
You cannot just spend all your time getting yourself richer, where is the essence here, when you are rich you have all the freedom because you got the money. Your life should be enjoyed with your money yo get the benefits of your hard work and of course you can gamble anytime you want.
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November 07, 2016, 01:40:34 PM
 #3167

It all depends on where we get the wealth. If I became rich due to receive inheritance worth very much, of course I will continue to gamble. But if I get this wealth because of my business is booming then of course I will spend most of my time on taking care the business. Thus the less likely I will continue to gamble.
You cannot just spend all your time getting yourself richer, where is the essence here, when you are rich you have all the freedom because you got the money. Your life should be enjoyed with your money yo get the benefits of your hard work and of course you can gamble anytime you want.
People  do  have different   decisions  and aims  regarding  on this  thing. If we   became rich   because   of  our  hardwork  on our  business   then we already  know  on  which thing  would really waste   our  money  like gambling  but   as  long  we do gambling   for leisure  thing   then its  not bad and we could really   gamble  anytime   even  we are rich  because  we have all the freedom as  long we have the money.

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November 07, 2016, 01:51:34 PM
 #3168

It all depends on where we get the wealth. If I became rich due to receive inheritance worth very much, of course I will continue to gamble. But if I get this wealth because of my business is booming then of course I will spend most of my time on taking care the business. Thus the less likely I will continue to gamble.
You cannot just spend all your time getting yourself richer, where is the essence here, when you are rich you have all the freedom because you got the money. Your life should be enjoyed with your money yo get the benefits of your hard work and of course you can gamble anytime you want.
People  do  have different   decisions  and aims  regarding  on this  thing. If we   became rich   because   of  our  hardwork  on our  business   then we already  know  on  which thing  would really waste   our  money  like gambling  but   as  long  we do gambling   for leisure  thing   then its  not bad and we could really   gamble  anytime   even  we are rich  because  we have all the freedom as  long we have the money.

Yeah, it's basically an advantage or to become filthy rich is a dream of all people. But there are only few people who want consistent and hard work to realize it all, so if we want rich did have to work hard. However, for gambling, will only get a loss if we posed the hard work. Because gambling other than hard work we must also work smart, so if we don't have the key 2 would be better not to use gambling as a place of gambling.
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November 07, 2016, 04:24:38 PM
 #3169

Doubling your investment is as easy as playing on a 50% chance and winning that bet. However, it would be very hard if that bet will lose because you also lose your investment - unless you have many sessions and each session have like 1 btc each session and you have 10 sessions. In the first attempt, you lose and on second attempt you win, etc..
If they have such sessions and they are betting like this then also it is very risky because its a sort of martingale that you depend on your future bets on loosing the initial one.
I think the best way to gamble is just bet once, if lost is lost and win is a win. Don't chase the previous loss unlike martingale.
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November 07, 2016, 04:29:11 PM
 #3170

maybe if someone becomes rich by gambling, that person might still gambling. Well, it's possible to add money or having fun. however, if the person has been addicted to gambling, surely people will still gamble, though he be rich. indeed every person has a different personality, but most people would do that
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November 07, 2016, 06:53:39 PM
 #3171

That and people saying 0.01 is a big bet when at the real tables it really not at a real casino.
Well, if you think that amount is considered as big bet, I think you are not rich. That is just a small amount for the rich as they more like x100 of that amount even in a single bet and guess what, they can easily let go of the emotion if they lose with a big amount as we think.

Gambling is good as entertainment if you are rich, that's for sure.

Yes it is a good entertainment if you are able to keep on gambling and you have a lot of fund for it. But if you are a poor person and it seems that you are an addicted gambler then that is not going to be the best way to keep on gambling. But I think, when a person becomes richer his mindset is changing and it is more focusing into business and not gambling anymore.

That is true - if you became rich because of hard work, you will not gamble your hard earned money to casinos. People that are crazy only does that. However, rich people do gamble sometimes just for fun and not really about profit - they play only money that they can afford to lose and have limitation as to when to stop when they reached that limit.
well if its inside your blood even you are rich cause of your hard work gamble will still inside your mind but there's already limitation and professionalism inside you since you are valuing your money you will be more pro and will not allow yourself be beaten huge by the house or much possible that you will still aiming for some sort of winnings even little while having some great time.
Well, right I think if someone gets rich with gambling then he will always have that in his mind. He will always try to win more and more because he has seen the positive side of gambling while if someone gets rich apart from gambling they will always respect their money and hence avoid gambling.
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November 07, 2016, 07:50:18 PM
 #3172

Yeah why not, if I was rich I would go out with friends and give them money to gamble. But we would do it only for the fun because we do not want to end like the people who are addicted to gambling.
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November 07, 2016, 09:19:06 PM
 #3173

It all depends on where we get the wealth. If I became rich due to receive inheritance worth very much, of course I will continue to gamble. But if I get this wealth because of my business is booming then of course I will spend most of my time on taking care the business. Thus the less likely I will continue to gamble.

You'll still want from time to time to be entertained and maybe you find gambling as a way to do that. If you're rich it doesn't mean you'll gamble with thousands - even $10 bucks can get you entertained if you know how to use them right.
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November 07, 2016, 09:47:37 PM
 #3174

I'd probably do it again, because for now I'm too much addicted to it, but my bet amounts would probably not change Tongue.
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November 07, 2016, 11:59:25 PM
 #3175

It all depends on where we get the wealth. If I became rich due to receive inheritance worth very much, of course I will continue to gamble. But if I get this wealth because of my business is booming then of course I will spend most of my time on taking care the business. Thus the less likely I will continue to gamble.

You'll still want from time to time to be entertained and maybe you find gambling as a way to do that. If you're rich it doesn't mean you'll gamble with thousands - even $10 bucks can get you entertained if you know how to use them right.
that's right if you really looking for gamble to get entertained you can do it even with a cents
so there is no harm to keep gamble when you were rich
losing money more and more is the reason why gambling dangerous
as long as you know the limit that's should be ok.
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November 08, 2016, 12:31:20 AM
 #3176

I do believe i would gamble with a bigger ammount then usual maybe 1 btc the budget to play around, even while i do believe i wouldnt have time to waste with gambling if i could focus into others things.
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November 08, 2016, 07:19:22 PM
 #3177

That and people saying 0.01 is a big bet when at the real tables it really not at a real casino.
Well, if you think that amount is considered as big bet, I think you are not rich. That is just a small amount for the rich as they more like x100 of that amount even in a single bet and guess what, they can easily let go of the emotion if they lose with a big amount as we think.

Gambling is good as entertainment if you are rich, that's for sure.

Yes it is a good entertainment if you are able to keep on gambling and you have a lot of fund for it. But if you are a poor person and it seems that you are an addicted gambler then that is not going to be the best way to keep on gambling. But I think, when a person becomes richer his mindset is changing and it is more focusing into business and not gambling anymore.
Right but there's the biggest catch ! When you get rich and have a big bankroll and you know about gambling then you wont be able to think about working hard and earn money, rather you will focus on finding a good way and winning from gambling. I think rich or poor gambling should be avoided unless you took it as a fun activity totally.
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November 09, 2016, 06:16:46 AM
 #3178

That and people saying 0.01 is a big bet when at the real tables it really not at a real casino.
Well, if you think that amount is considered as big bet, I think you are not rich. That is just a small amount for the rich as they more like x100 of that amount even in a single bet and guess what, they can easily let go of the emotion if they lose with a big amount as we think.

Gambling is good as entertainment if you are rich, that's for sure.

Yes it is a good entertainment if you are able to keep on gambling and you have a lot of fund for it. But if you are a poor person and it seems that you are an addicted gambler then that is not going to be the best way to keep on gambling. But I think, when a person becomes richer his mindset is changing and it is more focusing into business and not gambling anymore.

That is true - if you became rich because of hard work, you will not gamble your hard earned money to casinos. People that are crazy only does that. However, rich people do gamble sometimes just for fun and not really about profit - they play only money that they can afford to lose and have limitation as to when to stop when they reached that limit.
Yeah if you see that depends on the game you are betting, suppose you are rich and you are betting on dice then obviously there is no fun and actually you are betting to win. But if you are betting on casinos in your city then you actually are betting for fun and hence there is nothing to worry.
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November 09, 2016, 07:09:35 AM
 #3179

That and people saying 0.01 is a big bet when at the real tables it really not at a real casino.
Well, if you think that amount is considered as big bet, I think you are not rich. That is just a small amount for the rich as they more like x100 of that amount even in a single bet and guess what, they can easily let go of the emotion if they lose with a big amount as we think.

Gambling is good as entertainment if you are rich, that's for sure.

Yes it is a good entertainment if you are able to keep on gambling and you have a lot of fund for it. But if you are a poor person and it seems that you are an addicted gambler then that is not going to be the best way to keep on gambling. But I think, when a person becomes richer his mindset is changing and it is more focusing into business and not gambling anymore.

That is true - if you became rich because of hard work, you will not gamble your hard earned money to casinos. People that are crazy only does that. However, rich people do gamble sometimes just for fun and not really about profit - they play only money that they can afford to lose and have limitation as to when to stop when they reached that limit.
Yeah if you see that depends on the game you are betting, suppose you are rich and you are betting on dice then obviously there is no fun and actually you are betting to win. But if you are betting on casinos in your city then you actually are betting for fun and hence there is nothing to worry.
Physical games are more fun because you can actually see the games and it will give more excitement as a gambler and rich do actually do that to socialize with people also, what is fun in online games is online sports betting and dice but for poker it's good to play in physical casino.

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November 09, 2016, 07:12:07 AM
 #3180

I'd probably do it again, because for now I'm too much addicted to it, but my bet amounts would probably not change Tongue.

Just be careful for being to addictive in gambling mate. Regardless if you bet big or not you still need to control yourself and avoid being greedy because most of the time gamblers lose a lot than making any profit in gambling.

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