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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)
dunfida
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September 17, 2019, 05:41:35 PM
 #41

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.
Depends!

Not all gamblers are rich but you can eventually identify which ones is rich and which one isnt but not on 100% because there were rich ones who do make
bets conservatively which you've thought that they are just common man.This is what makes this question wont able to get the precise answer.

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September 17, 2019, 05:41:53 PM
 #42

There's no worldwide data that can tell us who gamble the most, rich or poor people, you can gamble even if you are rich or poor, your status in the society can stop you from gambling, I think it's more on the society if you live in a city where there are a lot of gambling casinos or betting sites, you are likely to get attracted to gamble, and another one is if you have a lot of friends who are into gambling you are likely to get attracted, irrespective if you are rich or poor.


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September 17, 2019, 05:52:11 PM
 #43

There's no worldwide data that can tell us who gamble the most, rich or poor people, you can gamble even if you are rich or poor, your status in the society can stop you from gambling, I think it's more on the society if you live in a city where there are a lot of gambling casinos or betting sites, you are likely to get attracted to gamble, and another one is if you have a lot of friends who are into gambling you are likely to get attracted, irrespective if you are rich or poor.
Its hard to distinguished between rich and poor actually and same as you said no matter what status in life you do had, you were able to play gambling without any intervention from others.Trying to figure it out on checking it on gambling sites? It isn't that possible and its hard to know which one is rich and which one is poor but generally they do have the money to spend on and as said above before above post that you can see which one is having lots of money or have a bigger bankroll because you do able to see on how he bets.
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September 17, 2019, 06:07:09 PM
 #44

Well, this kind of question is hard to identify which is the correct one. Because not all are poor or even rich in gambling. The fact that if the gamblers are poor then where did the money come from since the gamblers are poor. There is a chance if rich because they can afford to gamble. Indeed, in gambling, there is not living status if you had a budget that willing to lose then, go ahead. The better answer will depend on gamblers but the majority was usually can afford to lose.









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September 17, 2019, 06:14:35 PM
 #45

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

Lol, but the thing is psychologically if you are hooked to gambling, it wouldn't matter how much you earn, the ratio of earn:gamble with stay same. If you earn billion dollars a month, you will gamble away atleast a million Wink
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September 17, 2019, 07:54:44 PM
 #46

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.


If we consider the saying: "gamble with what you can afford to lose"  then it is safe to say that gamblers would gamble with amount relative to their wealth. I believe wealthy gamblers would regularly gamble with something above 50 dollars. That would be quite huge for what middle income gamblers could afford to gamble with on regular basis. Not sure about this though.  Just my opinion.


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September 17, 2019, 08:53:40 PM
 #47

People from all walks of life gamble, though there's a lot more poor people in this world than there are rich people, so there's likely more total poor gamblers than rich gamblers. For me personally, I'm really not extremely rich nor am I extremely poor, and I also regularly gamble whenever I have free time to do so. A lot of people also unfortunately gamble what they can't afford to lose, which can end up poorly as most people know from experience or hopefully from hearing stories from others.
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September 17, 2019, 09:19:55 PM
 #48

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

Lol, but the thing is psychologically if you are hooked to gambling, it wouldn't matter how much you earn, the ratio of earn:gamble with stay same. If you earn billion dollars a month, you will gamble away atleast a million Wink

That's true, earnings would not matter if you are addicted to gambling. Sometimes you will forget that you already gamble more than what you have earned lol. The key word here is discipline  , we should have that characteristic for us not to be broke.

IMO, it's hard to tell whether a gambler is poor or rich but generally an individual gambles to make money so it's safe to say that he have nothing or just enough capital for gambling.
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September 17, 2019, 09:59:39 PM
 #49

Majority of the gamblers were poor, while very few are lucky to be rich. These poor gamblers have made themselves poor without knowing the difficulties to earn out of gambling. Gamblers who are rich out of gambling or through their own earnings were the luckiest, because these are the persons who spend on gambling for fun and not for earning. They spend without fear, and easily wins big making them more richer.

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September 17, 2019, 10:20:01 PM
 #50

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.
With my observation to those gamblers who are in our town. They became rich but suddenly the go back to where they are before so it means no one become rich through gambling unless you know how to stop and to think ways on how your money grow bigger not in gambling but in other ways. You should also know how to limit yourself to avoid bankrupcy.

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September 17, 2019, 10:30:49 PM
 #51

Firstly, we don't really have constant basis in considering wether a person is rich or poor. We can be rich and poor in different aspects and we can also consider ourselves as rich or poor base on our perspective. Lastly, since there is no basis or data regarding to this question, for my opinion most of gamblers are considered rich since they were able to risk their spare money. Poor people doesn't have much time and capability to gamble in order for them to survive but rather they'll work instead (I'm not saying that poor people aren't completely capable to gamble).
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September 17, 2019, 10:38:38 PM
 #52

on our place most people that play gamble here are poor including the ones that plays on public casino regularly but they only have a job to support thier habbit.  on online i knew some gamblers that are not that rich and they also doing some online jobs or freelancing to earn so that they can play gamble.  you can identify who  is rich by seeing thier waggers if its online but if its offline you can tell by thier appearance and also on thier capital on thier hands. .
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September 17, 2019, 10:55:19 PM
 #53

Most are poor because if we look at the millions of gamblers betting in a lottery, most of them are poor who are hoping to win a big amount of money to change their lives, they gamble even if they know that their chance is very low.


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September 17, 2019, 11:06:49 PM
 #54

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.

for me line "Only gamble a money you afford to lose" only for a reminder that gambling often makes people poor and loses everything if they gambling everything they have.

i have friends who are rich he has a yacht ship and also living with unlimited credit cards from his father but he likes gambling for fun too. and also me as an ordinary person who doesn't have a lot of money likes gambling too. so in my opinion this gambling is not a problem of rich people or poor people. but rather to each other's personal pleasure.
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September 17, 2019, 11:15:53 PM
 #55

Most are poor because if we look at the millions of gamblers betting in a lottery, most of them are poor who are hoping to win a big amount of money to change their lives, they gamble even if they know that their chance is very low.

Well sounds like legit as Lottery is the largest gambling place people are betting ,but let’s consider that lottery isn’t not the only place where people gamble
Majority of the gamblers were poor, while very few are lucky to be rich. These poor gamblers have made themselves poor without knowing the difficulties to earn out of gambling. Gamblers who are rich out of gambling or through their own earnings were the luckiest, because these are the persons who spend on gambling for fun and not for earning. They spend without fear, and easily wins big making them more richer.
Sadly right that even rich people turns poorer because of their addiction in gambling ,so on the second though from the first I quote it seems that poor is the majority









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September 17, 2019, 11:24:37 PM
 #56

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

Lol, but the thing is psychologically if you are hooked to gambling, it wouldn't matter how much you earn, the ratio of earn:gamble with stay same. If you earn billion dollars a month, you will gamble away atleast a million Wink
In short, the more money you have, the more money you putting in gambling, and the greed too.
Having lot of money will lead you to greediness, not unless you  have risk management and have descipline.

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Ayiranorea
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September 17, 2019, 11:41:04 PM
 #57

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

Lol, but the thing is psychologically if you are hooked to gambling, it wouldn't matter how much you earn, the ratio of earn:gamble with stay same. If you earn billion dollars a month, you will gamble away atleast a million Wink
In short, the more money you have, the more money you putting in gambling, and the greed too.
Having lot of money will lead you to greediness, not unless you  have risk management and have descipline.
Greed always accompanies the human, whether he holds a huge fund or small, he always looks for a bigger win. This is where most of the gamblers get caught into the trap. Countable number of gamblers around the world might have profited out of greed through their luck. Looking at this there might be number of people who have spend big and ended their gambling forever.

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September 17, 2019, 11:48:53 PM
 #58

Most are poor because if we look at the millions of gamblers betting in a lottery, most of them are poor who are hoping to win a big amount of money to change their lives, they gamble even if they know that their chance is very low.

Well sounds like legit as Lottery is the largest gambling place people are betting ,but let’s consider that lottery isn’t not the only place where people gamble


Yes of course, but it's a great barometer to determine that most gamblers are poor, though they are just risking a small amount compared to gamblers who bet in live casinos, dice games, or sports betting. What makes gambling operators more profitable is the volume of poor people who are gambling as big portion of poor gamblers are irresponsible gamblers as well IMO.

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September 17, 2019, 11:51:31 PM
 #59

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.


I believe in your statement, however, most people who gamble are really desperate and at the same time lazy. Most people I know who are poor and is addicted in gambling gamble because, first, it is fun and the easiest way to earn money, second, they can have a shot on winning a lot (which we know has a smaller odd), finally, earning thru gambling is easier than working your ass out 8 hours a day.

On the other hand, rich people who gamble does it for money, habit and to socialize. Being rich doesn't stop you from wanting more. Man is naturally born greedy.

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September 17, 2019, 11:54:59 PM
 #60

Most are poor because if we look at the millions of gamblers betting in a lottery, most of them are poor who are hoping to win a big amount of money to change their lives, they gamble even if they know that their chance is very low.

Well sounds like legit as Lottery is the largest gambling place people are betting ,but let’s consider that lottery isn’t not the only place where people gamble


Yes of course, but it's a great barometer to determine that most gamblers are poor, though they are just risking a small amount compared to gamblers who bet in live casinos, dice games, or sports betting. What makes gambling operators more profitable is the volume of poor people who are gambling as big portion of poor gamblers are irresponsible gamblers as well IMO.

most gamblers are poor imo. and those rich people who are addicted to gambling become poor later on with their lives if they cant control themselves.
only small percentage of gamblers are considered rich people. in my terms, rich are those that dont bother how much they are betting on or spending in the casino. the main reason they gamble is for their entertainment purposes

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