Rich people don’t gamble.

[michkima]

Rich people do not play gambling, because this is not true, because rich people are gambling, but their impact is very low in society, because they own a lot of money and they spend a little money on their money, but they do not have too much speculation,
Their gambling play has a great effect on society, I do not think so, and poor people's gambling has a great effect on the society because they play their full money-mentality with the main money of their income, So that if they are harmed then they are harmed by the family and their gambling. The game has too much impact on the society,

Last but not least, they want to tell the rich people and gambling but their effects are very less due to their huge amount, and if poor people play gambling, their effects are very much because their money is very low,

Was hard to understand your sentences but from what I understood is that the effect of gambling to a rich or poor person is different in that the impact of the money lost or gained with the rich or poor person is indeed different. But it really depends on how much each person bets. If the rich person bets 100% of his money and the poor one just bets 10%, in case both loses the bet then the rich person will be in a really bad situation. The status is irrelevant. What matters is how much each bets.

[Btc_1856]

There are possible chances that rich people can gamble because of they want to spend some spare for enjoying their life. Whole year they will very busy in order to increase business very efficiently.

[lili song]

Rich people do not play gambling, because this is not true, because rich people are gambling, but their impact is very low in society, because they own a lot of money and they spend a little money on their money, but they do not have too much speculation,
Their gambling play has a great effect on society, I do not think so, and poor people's gambling has a great effect on the society because they play their full money-mentality with the main money of their income, So that if they are harmed then they are harmed by the family and their gambling. The game has too much impact on the society,

Last but not least, they want to tell the rich people and gambling but their effects are very less due to their huge amount, and if poor people play gambling, their effects are very much because their money is very low,

Yes actually that's statement is true. Many of my friends stop from gambling so their life is change and more rich.
When they do gambling, they lost many and family is broken. Many people play gambling can't control the emotional, that will effects to lose many.
Gambling much impact on the society, so need to stop do gambling.

[Barcode_]

In my opinion, gambling is a form of entertainment that can be enjoy by every one if you play within your limits, I believe there are definitely rich people who are playing their favorite games in the casino too, it is a recreational activity for them after work to relax their mind.

[Kelvinid]

In my opinion, gambling is a form of entertainment that can be enjoy by every one if you play within your limits, I believe there are definitely rich people who are playing their favorite games in the casino too, it is a recreational activity for them after work to relax their mind.

Exactly.I know some rich people go to gambling sites just for fun and make theirselves entertained.Yes its their way of making theirselves unwind from all those stressful activities in the real world.While poor people consider gambling as their source of income,rich people do gambling when they think they have gained already excess money out from their profits being gained.

[yugyug]

Rich people do gamble too but their mindset in gambling in casino and gambling in business or investment have different objectives but both do gambling on what they can afford to lose. Rich people gamble in casino is for recreation and past time only they can afford to lose but never risk to win back that might end up of losing more. Rich people gamble in business or investment are a serious gamble still they can afford but will find a strategy to win back seriously.

[Betwrong]

I'm placing this quote from the article which I find very convincing:

One study finds that recent lottery winners have lower levels of happiness than do those who have recently become quadriplegic.

I think this words should be written on every lottery billboard as well as "Smoking kills" on every pack of cigarettes.

LOL! In spite of having read the article, I didn’t pay attention to that final sentence.

I, simply, don’t believe it. I would like to see the sample and the conditions of that study to assess the reliability, but I think if many such studies are carried out, others are going to show the opposite.

The only way I think that makes sense it is because make lottery winners are more worried about their money getting stolen or something, and those who have become quadriplegic are grateful to be still alive. But I think in 90%+ of the cases it is going to be the opposite.

Not only that but also they are frustrated because their inflated expectations about what millions of dollars can do turn sour. I think that's the main reason of their  lower levels of happiness. Poor people think they are unhappy because they are poor. But when after becoming rich they are still unhappy that's really frustrating. I absolutely believe the findings of the study are legit, because several of my classmates have become rich but none of them is happy. When we meet they like to think back to the times when they weren't rich but "Those were the days!". That's true and that's why it is pointless to buy lottery tickets because you lose in any case.

[Shenzou]

Actually, the title of this post is an overstatement, but it helps you to get the idea. Rich people play fewer games of chance than poor people, and they risk a lower percentage of their income.

This article talks about it but only focused on the lottery, although I believe it can be applied to gambling in general:

https://edition.cnn.com/2013/12/18/opinion/lottery-poor-just-opinion/index.html

Why do you think this happens?

I suppose it is because people with a rich person’s mindset think mostly about buying assets with their money whereas people with a poor person’s mindset only think about spending their money, and the only way they can think of becoming wealthy is by hitting the jackpot.

I think that rich people not that they don't gamble they don't play specific games, they don't play normal online gambling games like dice or sports betting, because they go to real life casinos where they can actually interact with other people and drink some expensive wine and talk about business , the only reason why we see more poor or average people using online gambling and playing these luck games is because they don't have as much money to go to real casinos,

[St4yInTh3D4rk]

Actually, the title of this post is an overstatement, but it helps you to get the idea. Rich people play fewer games of chance than poor people, and they risk a lower percentage of their income.

This article talks about it but only focused on the lottery, although I believe it can be applied to gambling in general:

https://edition.cnn.com/2013/12/18/opinion/lottery-poor-just-opinion/index.html

Why do you think this happens?

I suppose it is because people with a rich person’s mindset think mostly about buying assets with their money whereas people with a poor person’s mindset only think about spending their money, and the only way they can think of becoming wealthy is by hitting the jackpot.

Maybe the game selection differs from the poor and rich according to his economic status but all the people are gambling here to make more money.But mostly the rich people do gambling as a fun purpose but the poor's are doing it as a money earning job that is the difference between both.

[imstillthebest]

~ snip ~

I think that rich people not that they don't gamble they don't play specific games, they don't play normal online gambling games like dice or sports betting, because they go to real life casinos where they can actually interact with other people and drink some expensive wine and talk about business , the only reason why we see more poor or average people using online gambling and playing these luck games is because they don't have as much money to go to real casinos,

why would they need to go to casinos if they only want to talk about business? I think casino is inapropriate place to talk. The main reason why they go to casinos is because they play gambling.  Yes rich people also gamble because they have lots of money and they dont even care if ever they won or loose. They only play gambling in order to releieve stress and also to past the time. going to casinos can also give them a cool feeling because many other rich people do also go to casino.

[mOgliE]

I think this article can't be extended to other gambling games at all!

Why do you play the lottery? To win the jackpot and be good with all your money problems. You never play lottery for the thrills because when you play it you know you'll lose 99.9999% of the time. It's not a fun game it's a dumb game to earn a lot.
Other games are completely different, when you play poker, cards, roulette or dice it's for the thrills. The winning streak, coming back after a huge loss...
When you play those games you don't aim to become rich, you aim winning and becoming slightly richer than before.

So you really can't compare lottery to any other gambling game in my opinion!

[Taskford]

I think this article can't be extended to other gambling games at all!

Why do you play the lottery? To win the jackpot and be good with all your money problems. You never play lottery for the thrills because when you play it you know you'll lose 99.9999% of the time. It's not a fun game it's a dumb game to earn a lot.
Other games are completely different, when you play poker, cards, roulette or dice it's for the thrills. The winning streak, coming back after a huge loss...
When you play those games you don't aim to become rich, you aim winning and becoming slightly richer than before.

So you really can't compare lottery to any other gambling game in my opinion!

Well you have some point but there are people who plays gambling just for thrill or fun, that are the people who have too much money and doesn't know where to spend it anymore, that is why they are taking the risk in gambling, it doesn't matter if they lose or not just to have some pastime.

[izanagi narukami]

They do but they bet only on how much they afford to loss.
Let's take a look on Dan Bilzerian that keep playing poker although he already rich.
Maybe most rich people don't but some of them keep gambling because it's become their nature !

[Sir Cross]

I think this article can't be extended to other gambling games at all!

Why do you play the lottery? To win the jackpot and be good with all your money problems. You never play lottery for the thrills because when you play it you know you'll lose 99.9999% of the time. It's not a fun game it's a dumb game to earn a lot.
Other games are completely different, when you play poker, cards, roulette or dice it's for the thrills. The winning streak, coming back after a huge loss...
When you play those games you don't aim to become rich, you aim winning and becoming slightly richer than before.

So you really can't compare lottery to any other gambling game in my opinion!

Well you have some point but there are people who plays gambling just for thrill or fun, that are the people who have too much money and doesn't know where to spend it anymore, that is why they are taking the risk in gambling, it doesn't matter if they lose or not just to have some pastime.

I've had the same thoughts. Winning the lottery has a 0.13549375203% chance for you to win and there's not much of a thrill in that. Most of the poorer people choose to play the lottery because there's a one in a million  chance for them to win and it's an instant solution to their financial problems.

In fact, I think that the rich gamble more because they have the capacity to and they can waste their money. You would need resources to get into a casino or just play poker even. Some of the rich even gamble merely for entertainment.

[sheenshane]

Not all rich people are didn't go to gamble some of them are in gamble just like what in casino mostly are a millionaire or billionaire are there that willing to gambled a huge of their money.
Then I saw also most rich people they do first their assets and liabilities for the interest, gambling for them are wasting time and money, poor people have become poorer and the rich people much richer.

[bratko99]

Yea maybe...
But I feel like even if I'm very rich, I would still gamble. This probably would be just for fun.
Since I wouldn't care if I lose but will be happy if I win. Of course not, If I bet more than I can afford to lose even then.

[ovcijisir]

My opinion is that gambling isn't so bad if you spend only small amount of money on it. If you let your emotions control your actions then you can end up spending more then intended. Some people gamble even money that was originally intended for living expenses.

[vv181]

Not all rich people are didn't go to gamble some of them are in gamble just like what in casino mostly are a millionaire or billionaire are there that willing to gambled a huge of their money.
Then I saw also most rich people they do first their assets and liabilities for the interest, gambling for them are wasting time and money, poor people have become poorer and the rich people much richer.

True. But the majority of the rich people will stay away from gamble because I'm sure its waste of money, the rich will prefer to buy things that appreciated.

The thread title is very bold, but it does not close the possibility the rich will play gamble because I'm sure there a special excitement when they gamble.

[milewilda]

Not all rich people are didn't go to gamble some of them are in gamble just like what in casino mostly are a millionaire or billionaire are there that willing to gambled a huge of their money.
Then I saw also most rich people they do first their assets and liabilities for the interest, gambling for them are wasting time and money, poor people have become poorer and the rich people much richer.

True. But the majority of the rich people will stay away from gamble because I'm sure its waste of money, the rich will prefer to buy things that appreciated.

The thread title is very bold, but it does not close the possibility the rich will play gamble because I'm sure there a special excitement when they gamble.

Being rich by means of hard work or investment ventures then most of the time those rich person would really value their money not compared to those people who just inherited their wealth came from to their parents or into another relatives on which if hes already a gambler since then he had given a chance on being rich then for sure playing gambling would always be a choice since those money being gained not came from hardwork which spending them wont really be a bothersome.

[BarbieCasino]

Actually, the title of this post is an overstatement, but it helps you to get the idea. Rich people play fewer games of chance than poor people, and they risk a lower percentage of their income.

This article talks about it but only focused on the lottery, although I believe it can be applied to gambling in general:

https://edition.cnn.com/2013/12/18/opinion/lottery-poor-just-opinion/index.html

Why do you think this happens?

I suppose it is because people with a rich person’s mindset think mostly about buying assets with their money whereas people with a poor person’s mindset only think about spending their money, and the only way they can think of becoming wealthy is by hitting the jackpot.

Maybe the game selection differs from the poor and rich according to his economic status but all the people are gambling here to make more money.But mostly the rich people do gambling as a fun purpose but the poor's are doing it as a money earning job that is the difference between both.

Mostly, gamblers consider gambling as a way of earning money but some play for fun purpose too. Gambling is just a ridiculous game and it can never make anyone rich. It is also not a poor people’s game because in order to place a bet, money is required. In casinos, either mediocre or rich people are found. No matter whoever is gambling, the thing is he will lose money anyway and the capital will decrease. The end results remain same regardless of one’s financial status.