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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)
swogerino
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September 17, 2019, 12:29:08 PM
 #21

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.


Yes but these doctors are not real gamblers,what I mean is that regular gamblers are poor from lower class and trying to overcome their difficulties through gambling but are sucked into it and can never get out.This for me defines the “real” gambling majority.

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September 17, 2019, 12:31:08 PM
 #22

So, what do you think on most gamblers now? Are the majority gamblers are rich or poor?
It depends on how much a gambler is earning and how much he/she gambles I guess.

Scenario 1:
I gamble $200 per week and I earn at least $6,000 per month. Even if I lose all bets, I can still be considered as doing well in life.

Scenario 2:
I gamble $200 per week and I only earn around $2-3K per month, I think that can be considered close to poor  Grin
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September 17, 2019, 12:32:11 PM
 #23

For me most gamblers are rich, they have the money to spend and to gamble if you are rich there is always a temptation to gamble and you can easily sway to gamble because you can afford to lose because you have excess money.
If you are poor you can gamble in a limited amount of money and time.

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September 17, 2019, 12:35:00 PM
 #24

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.

It would be hard to know if a certain person is poor or rich here in the virtual world, because the only way to do that is to see him physically, it could be easily said here in the internet that "I'm rich" but in the reality he is not, and what benefits are you going to get with that, basically it just nonsense for me. As long as you have the money to gamble, whether you are rich or poor, and as long as you could make money with that, then it doesn't matter.

Rich or poor, the bottom line is that you are still going to lose in gambling no matter what.
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September 17, 2019, 12:43:40 PM
 #25

we cannot Identify if the most gambler right now is rich or poor. But what status you have right now better to limit your self because if you are poor and rich possible that money you have lost if you did not know about controllinh yourself or become addict. But maybe let say that mosy of the gamblers can afford or in the middle because they have some good capital to start playing gambling.
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September 17, 2019, 12:43:57 PM
 #26

Honestly, I cannot even assume because people who gambles are often want to stay anonymous. If only we can make a statistics about this but I am afraid not all of them will admit that they are gambling. But one only thing for sure is that billions of money that are put into gambling or casinos are from crazy-rich people and I bet 10% of the whole money of the gambling industry is from poor people.
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September 17, 2019, 12:57:02 PM
 #27

The whole advantage to crypto gambling I see is that its so incredibly scalable so I think we have the whole spectrum of the population involved here.   Alot of people are here for the same reason which is convenience and ease of use, no worries about various draw backs that traditional sites might have.
   I've worked in some pretty basic jobs where people would take their entire earnings on Friday and go out and live like lords, gambling and all sorts so its definitely feasible we have every income level.   Personally I dont recommend that spend it all in one go attitude but its not as boring as being careful I guess.

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September 17, 2019, 01:01:27 PM
 #28

The question on the title just pop on my mind.
Are they poor or rich?

You already knew the answer in your mind that it doesn’t matter what are they the important is they can afford to gamble and your choices is not complete because you forgot to add the “Middle people”
Quote
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.
Does this also the famous line of advice in cryptocurrency?invest what we can afford to losses?
Quote
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.
I believe that the truth is e can’t really tell,because many rich people pretend to be poor specially when they are in gambling world same as those poor who’s pretending to be riches









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September 17, 2019, 01:03:18 PM
 #29

No one can actually tell if a gambler is rich or poor.

Majority though are taking a big risk and playing with money that they can't afford to lose. Just look at their expression when they go out of a casino. Most of the time they don't even have cab fare and would rather do the "walk of shame".

So nobody can't really tell unless you see first hand what's behind a gamblers life.

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September 17, 2019, 01:05:14 PM
 #30

Is there any gambling websites especially designed for poor or especially for rich? If not then its different to determine who is real rich or poor. All glambers are human and they might rich or poor. Although there is no restrictions to enter on gambling but I don't think very poor people will play gamble. I noticed from real life, most of gamblers have enough money since they know they might loss it. But there was few poor those have less money. And they wasn't able to play next day if they lost today. So I can realise from real life that most of gamblers are rich. I can't say exactly anything about online gambers if most of they are poor or rich.

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September 17, 2019, 01:10:29 PM
 #31

<snip...>

Based from my experience, majority of the gamblers that I see are on the below to middle class citizens with the rich gamblers being limited to exclusive casinos.

Be reminded that there are casinos that offer various methods of gambling. In addition, gambling does not pertain to someone going to casinos. It is enough that they risk their money in a game/method of chance with the risks being equally divided proportionate to the amount that you bet.

Gambling exist even in the least-possible place that you would suspect that would happen. Majority of the gamblers are also the people who are under financial debt/conflict that resulted to means of extremes.

R


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September 17, 2019, 01:17:49 PM
 #32

It could be various reasons that some of people became an gamblers with plenty of money but some of them might be can be recognized as poor people and there is no exact statistics showing the percentages for how much rich people and poor people to gamble but all i know when they comes to the casinos they have one expect achievement that gambling to won the money

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September 17, 2019, 01:35:42 PM
 #33

Depends on the game you are using to determine the results of poll. First you have to understand both the rich and poor gamble. The poor gamble with the hope to become rich while the rich gamble with the mindset of just catching fun sometimes or to double their riches. Hardly before you see a poor man/woman gambling just for fun. Therefore considering most gambler game to make profit then it's save to say, majority of the gamblers aren't rich so gambling to earn extra income or with the hope to become rich.

To back my statement, just try observing the game which record mostly rich individuals gambling like Golf and that of the poor (plus middle class) individuals like soccer (although both categories of financial status can gamble on both platforms) you will observe there are more individuals on the soccer platform trying to profit unlike the golf platform.

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September 17, 2019, 03:05:59 PM
 #34

Firstly, it hard to know if gamblers are rich or poor because a gambler can't definitely speak for all gamblers and my own definition of been rich is been content with what you have. But the gambler who has the chance of being rich are those that follow the act of gambling with the money they can afford to lose and don't gamble to recover losses.

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September 17, 2019, 03:17:01 PM
 #35

Everywhere there are huge numbers of gamblers and they had a different living status, but as I have observed here in my country most of them are poor. Rich people had a mindset of not wasting money, instead they are going to gambling they invest on it in business. But those lazy and poor people just wanted to have a quick profit or a quick rich. Trying to buy tickets of the lottery every day even their money is just not enough for their family needs. Nevertheless, not all are in the same situation sometimes there are rich people who always in a gambling casino.
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September 17, 2019, 03:31:00 PM
 #36

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

We really can't tell whether a gambler is poor or not. But we can tell the reason or their motive why they gamble.

For those who are in the lower class, it's probably for the hopes of winning the prize money to overcome their current status in life. For those who are well-off, it's mostly for entertainment, just a past time activity.

But the truth is gambling is one of the main reason why people become poor or rich.
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September 17, 2019, 03:37:05 PM
 #37

My answer is same with everyone who said you can't decide it. We can't tell because we don't exactly know what's their main job, also how much money they have, or even how much money they spend on gambling.
You can gamble even if you only have small amount, it's different case when you can only gamble if you have much money in a site.
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September 17, 2019, 04:19:37 PM
Last edit: September 18, 2019, 05:53:16 AM by lablab03
 #38

Mostly are rich bro but sometimes there are some ppl wherein not rich also that keep trying gambling just to accumulate few dollars. Actually gambling is for all and no status needed on it.as long you have money to play or money that you can afford to lose you are in on it no other requirements. Lol
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September 17, 2019, 04:25:09 PM
 #39

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.

The reason why the clause of ''Only gamble what you can afford to lose'' in gambling is just obey the prudence concept and there is nothing wrong about it. I don't know any endeavor that you are quick to make money as much as you are quicker to lose it other than gambling. In a case where the activity itself by default returns a more likely situation of losing than winning, then its safe to assume the loss position from the beginning so that your heart is not broken or you get to lose it because your expectation was not met.

To know if someone is rich or poor is on the basis of the parameters we are using to judge because really for me, so far someone can keep his body and soul together irrespective of what he is doing with the exception of stealing from other people and scamming them, then there is a problem.
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September 17, 2019, 05:02:50 PM
 #40

I believe that most of gamblers are rich

Maybe not literally richer but the way they can spend money over and over is enough reason for me to call them rich people

Because poor people (those legit and family loving persons)won’t risk their hard earned money just like that instead they will first provide their family needs before everything else

So The way they can afford of losing is the more they become rich(maybe in credit as well) lol









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