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Question: Gamblers are rich or poor?
Rich - 2 (22.2%)
Poor - 7 (77.8%)
Total Voters: 9

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Author Topic: Most of gamblers are rich or poor?  (Read 1040 times)
GreatArkansas (OP)
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September 17, 2019, 08:35:34 AM
 #1

The question on the title just pop on my mind.
Are they poor or rich?
Remember the famous line on gambling?
"Only gamble a money you afford to lose". With that line we are really thinking of losing, the risk is still there.

So, what do you think on most gamblers now? Are the majority gamblers are rich or poor?

HOW TO KNOW IF A PERSON IS POOR/RICH?

 - Now, it's now on you how you will judge a person if they are rich or poor, we have different criteria on how we judge/look on poor/rich people.

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September 17, 2019, 08:46:02 AM
 #2

The question on the title just pop on my mind.
Are they poor or rich?
Remember the famous line on gambling?
"Only gamble a money you afford to lose". With that line we are really thinking of losing, the risk is still there.

So, what do you think on most gamblers now? Are the majority gamblers are rich or poor?

HOW TO KNOW IF A PERSON IS POOR/RICH?

 - Now, it's now on you how you will judge a person if they are rich or poor, we have different criteria on how we judge/look on poor/rich people.

From my experience, most gamblers are about average, when it comes to their wealth, and those average people really come all kinds of different jobs, i couldn't find some that really stands out.

In the casino where i worked for a few years we had gamblers that worked basic manual jobs, for basically minimum wage, and business owners/millionaires that, so really high variety of people. Casino wasn't located in some  fancy part of town though,  so that probably affected the type of people that visited.

With that being said, majority of our gamblers were just an ordinary hardworking people, albeit some were pretty hardcore and probably spending most of their income there, but there was also quite a few that just wanted to relax a bit after working day, have a few drinks and play some games.
And what is interesting, exactly those average gamblers were best tippers Smiley

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September 17, 2019, 08:49:49 AM
 #3

Is there a way we can tell?

What I can say comes from my first hand knowledge and observation around my country. I would say most of the gamblers here are poor. That is a fact that does not have to be supported by an official statistics. Everyone can readily look around in this poor nation full of gamblers and one can easily conclude that the majority of the gamblers here are poor. But that does not mean to say that their being poor has something to do with their being a gambler, or vice versa. Although, for a fact, many of the poor in this forsaken country are betting on lotteries with the hope of getting away from their abject condition in life.

"Only gamble a money you afford to lose". With that line we are really thinking of losing, the risk is still there.

This one will always be true but can hardly happen in reality.

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September 17, 2019, 08:49:55 AM
 #4

In all aspects of living, there are gamblers.

There are certain poor areas where people are relying on gambling and there are also rich places where they completely rely on their economy on gambling.

I don't think it's a matter if a gambler is poor or rich, what matters is that he/she is gambling with their own money.



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September 17, 2019, 09:00:31 AM
 #5

It's not about the financial status of a person that encourage them to gamble. They are gamblers in general and being rich or poor does not have anything to do with this vice. Also a means to differentiate poor gamblers to rich gamblers is the venue where they do the gambling. Rich people tend to be more cozy and do gambling on casinos while poor gamblers cannot afford to bet on casinos and tend to do it on their neighbors with less bets than casinos.

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September 17, 2019, 09:09:23 AM
Merited by samputin (1)
 #6

There's no exemptions when it comes to financial status. Whether you are rich, average or poor you can gamble. Is it possible for a poor to gamble? Yes it is (I know some who just bet on cockfights for sustaining his needs)! As long as he is willing and got a money to bet. Usually, this kind of people are the ones who gamble for a living — the ones who didn't finish college and jobless at the same time. They tend to engage on such thing simply because they are uncompetitive to qualify for a certain job due to lack of knowledge of course. They don't have any choice but to push their luck in gambling since it doesn't require any diploma unlike entering a job.

So, what do you think on most gamblers now? Are the majority gamblers are rich or poor?
If you mean those players during and after gambling then I might say most of them are poor now or at least didn't make any profit at all. The number of gambling losers is greater than the number of winners, we all know it's a fact even without showing statistics.
HOW TO KNOW IF A PERSON IS POOR/RICH?
 - Now, it's now on you how you will judge a person if they are rich or poor, we have different criteria on how we judge/look on poor/rich people.
There are "social climbers" or people who dress and act like a rich kid but poor in reality and there are also "low key billionaires" like Mark Zuckerberg, Steve Jobs and Bill Gates Hmm, it's really very hard to determine 'til you see their bank accounts Grin.
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September 17, 2019, 09:19:24 AM
 #7

Gamblers comes in different status in life, rich, average and poor, all have different reasons why they gamble. Rich people normally gambles because they’re bored and they wanted to have fun. Average people gambles because they wanted to have fun and at the same time win along the way. Poor people gambles because they see gambling as their escape goat to being poor and they are willing to risk the little money they have hoping that they’ll be lucky.
On the other note, determining whether a gambler is rich or poor is difficult because you can’t base it on looks and how much money they use but I doesn’t really matter because gamblers use their own money to gamble for whatever reason and status isn’t important.
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September 17, 2019, 09:45:24 AM
 #8

Remember the famous line on gambling?
"Only gamble a money you afford to lose". With that line we are really thinking of losing, the risk is still there.
I don't think that poor people can afford to lose their fund or taking regular risks for gambling where rich guys are capable enough to continue it.

So, what do you think on most gamblers now? Are the majority gamblers are rich or poor?
Middle class and poor people's actually continue their daily struggle to earn enough money for living average life. From this kinda situation its relatively harder for them to take the risks of gambling. In this place rich guys have enough extra money to try their luck on gambling.

Suggestion for gambler's could be something like that; "Only gamble when you have extra money on your wallet"  


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September 17, 2019, 09:48:09 AM
 #9

That is an easy question to answer.The majority of the gamblers are poor if not all of them because what would be the point to gamble if you are rich enough?It doesn’t make any sense and most of the gamblers play to win money so I think most of the gamblers are poor.

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September 17, 2019, 10:00:24 AM
 #10

That is an easy question to answer.The majority of the gamblers are poor if not all of them because what would be the point to gamble if you are rich enough?It doesn’t make any sense and most of the gamblers play to win money so I think most of the gamblers are poor.
I disagree. Its not as simple as black or white(Poor or rich) since there are many shades of gray in between(Middle class, Upper middle class etc). The majority would fall in the middle class category if you ask me. Why?

They have the funds to do so and they want to move to the upper categories. The rich gamble for fun(minority) while the poor lack the funds to do so(Fear of losing what they already have etc). Basically, the gambling industry probably feeds off the middle class people.

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September 17, 2019, 10:27:55 AM
 #11

That is an easy question to answer.The majority of the gamblers are poor if not all of them because what would be the point to gamble if you are rich enough?It doesn’t make any sense and most of the gamblers play to win money so I think most of the gamblers are poor.

You honestly think that Las Vegas, city built in the middle of nowhere became so popular  and built it's wealth because of massive amount of poor people gambling there? Or for example Monte  Carlo, tiny state state on the French Riviera, with 2nd highest GDP per capita in the world, that built it's known by gambling and casinos. Or maybe Macau, another top gambling destination?

Some people gamble for fun, not all are desperate  and poor people looking to sort their life issues through that.

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September 17, 2019, 10:29:40 AM
 #12


HOW TO KNOW IF A PERSON IS POOR/RICH?

 - Now, it's now on you how you will judge a person if they are rich or poor, we have different criteria on how we judge/look on poor/rich people.
There are many streamers on YouTube or Twitch that make money by spinning slots. This is a very good way to advertise casinos and attract your own viewers to register using referral links or something like that.

Sometimes the income from such a business can be tens or hundreds of  thousand dollars. However, very often this income goes to new deposits in the hope of winning even more and gaining more viewers who watch he's spinning slots. These streamers earn a lot, but spend even more.

Do you consider them poor or rich?

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September 17, 2019, 11:16:30 AM
 #13

Some poor people gamble because they hope it will change their life and future, these type of people are often become addicted. Rich people gamble because they get the sense of enjoyment and satisfaction on that habit. Some poor people gamble also for that reason, gambling relieves their stress but they only do it for fun not expecting for any profit.
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September 17, 2019, 11:17:33 AM
 #14

That is an easy question to answer.The majority of the gamblers are poor if not all of them because what would be the point to gamble if you are rich enough?It doesn’t make any sense and most of the gamblers play to win money so I think most of the gamblers are poor.

You honestly think that Las Vegas, city built in the middle of nowhere became so popular  and built it's wealth because of massive amount of poor people gambling there? Or for example Monte  Carlo, tiny state state on the French Riviera, with 2nd highest GDP per capita in the world, that built it's known by gambling and casinos. Or maybe Macau, another top gambling destination?

Some people gamble for fun, not all are desperate  and poor people looking to sort their life issues through that.

Montecarlo and Las Vegas are different,all rich people go to Vegas while in Monaco are living some of the wealthiest persons on earth right now like F1 drivers and alikes.It is only natural for Monaco to be a rich place as almost all people living there are rich so the casino there is just a passing time hobby.In Vegas a lot of Us people go to have some fun,all the classes.I still think the majority are poor people as middle class family I consider a family which can afford one or two vacations every year,can afford a surgery and can fulfill all of their expenses monthly with their salary,these person do not really need to gamble.

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September 17, 2019, 11:44:09 AM
 #15

So, what do you think on most gamblers now? Are the majority gamblers are rich or poor?

HOW TO KNOW IF A PERSON IS POOR/RICH?

 - Now, it's now on you how you will judge a person if they are rich or poor, we have different criteria on how we judge/look on poor/rich people.
Accurate results will never exist because gambling is divided into 2 (online & offline), we can only estimate it, Are the majority gamblers are rich or poor!!

First, we put together a list of ranking countries gambling enthusiasts
Second, we look at per capita income statistics from countries listed
Third, we see how many adult and young gamblers in the country are included in the list
Fourth, we must look at the population in the country

This is the result that I got personally, in online gambling I see the majority is rich people, but for offline (traditional gambling) I see the majority is poor people.

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September 17, 2019, 11:56:13 AM
 #16

I think the main goal in playing gambling is looking for profit. For rich people mostly playing gambling just for fun. But most gamblers are dominated by poor people.

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September 17, 2019, 12:13:39 PM
 #17

The question on the title just pop on my mind.
Are they poor or rich?
Remember the famous line on gambling?
"Only gamble a money you afford to lose". With that line we are really thinking of losing, the risk is still there.

So, what do you think on most gamblers now? Are the majority gamblers are rich or poor?

in investing also i see this famous line we must gamble or invest the money which is not necessary for current expenditure  ,because we dont know whats the future is our money will be in risk if we lose that  money it should not effect our financial situation
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September 17, 2019, 12:16:45 PM
 #18

I think the majority of online gamblers are not much rich else they wouldn't be gambling. But, the high rollers you see on many casinos, those are really very rich players! Don't try to replicate their bets lol as you will lose whatever you have lmao Wink
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September 17, 2019, 12:23:59 PM
 #19

When it comes to gambling there is no specification I have seen poor people hooked on gambling and I have seen rich people gambling all their money away, but they have a different venue to play, poor gamblers will  just assemble a group of gamblers and they will play poker or any card game, rich people will go to big casinos to play, we cannot possibly tell who has the more gamblers.


Quote
HOW TO KNOW IF A PERSON IS POOR/RICH?
You can easily how he dresses how he talks and what kind of gambling venue he is going, of course, we are talking about offline gambling, but when it comes to online gambling it's how much he bet or wagered.
 
 

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September 17, 2019, 12:26:08 PM
 #20

That is an easy question to answer.The majority of the gamblers are poor if not all of them because what would be the point to gamble if you are rich enough?It doesn’t make any sense and most of the gamblers play to win money so I think most of the gamblers are poor.

You honestly think that Las Vegas, city built in the middle of nowhere became so popular  and built it's wealth because of massive amount of poor people gambling there? Or for example Monte  Carlo, tiny state state on the French Riviera, with 2nd highest GDP per capita in the world, that built it's known by gambling and casinos. Or maybe Macau, another top gambling destination?

Some people gamble for fun, not all are desperate  and poor people looking to sort their life issues through that.

Montecarlo and Las Vegas are different,all rich people go to Vegas while in Monaco are living some of the wealthiest persons on earth right now like F1 drivers and alikes.It is only natural for Monaco to be a rich place as almost all people living there are rich so the casino there is just a passing time hobby.In Vegas a lot of Us people go to have some fun,all the classes.I still think the majority are poor people as middle class family I consider a family which can afford one or two vacations every year,can afford a surgery and can fulfill all of their expenses monthly with their salary,these person do not really need to gamble.

Well you claimed that majority of gamblers are poor because "what's the point of gambling if you are rich enough". And i pointed out that there are bunch of rich and middle class people gambling regularly, as people gamble for various reasons.

Poor people gamble with a hope that they will solve their bad financial situation and other issues by gambling.
Rich and middle class people  play for other reasons. Their need for money in this case is secondary reason why they play, first one is adrenaline and excitement that winning brings. I met bunch of lawyers and doctors who simply liked to play a bit after a hard day.They weren't hardcore gamblers or high rollers, they simply played for fun.

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