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Author Topic: Gambler Loses 1.4 million USD in a bet with lower than 1.01 odds!  (Read 6642 times)
rahmad2nd
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March 23, 2023, 09:58:14 PM
 #741

~snip~
Although some speculate he is a billionaire but of course he will be disappointed from the result of the bet, no one will be willing to accept that gambling loss because he has predicted high odds of winning but his prediction is wrong and he has to lose the highest betting balance, so we can draw conclusions from this case that don't bet high because slot betting and sports betting no one can predict accurately.

Logically, when we lose in a betting session, the feeling of disappointment will always be there and is very natural for gamblers to experience. Well, how about someone who lost a bet with a capital of $1.4 million. disappointed, maybe, because after all the fact that he lost his bet. but for sure, we don't really know it. is he a billionaire, or how rich is that gambler.

There are many theories that we have discussed so far, ranging from speculation, assumptions, some even say that this story is fabricated. supposing that's true, then the link that the OP shared as material from the topic of this thread is very doubtful of its credibility. in fact, no one has been able to prove that the story was fabricated. after all, actually the essence of the story of this thread is the message that the OP conveyed, that we can get lessons from the news link. plus informing and making us aware, that there are no easy bets! even lower odds there is always a risk.

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March 23, 2023, 10:22:38 PM
 #742

Those of us who are just little gamblers really can't do what he's doing because it involves a lot of money. And we can live simply and honestly with that much money and maybe we can also have a new business and develop it to improve it.

And we can only dream of having that kind of money. But playing gambling with small money is also okay, especially if we don't chase any wins. So we can play without any strange thoughts that can make us enjoy the gambling game more.
That is why there is always a different between a rich person and lower class. The amount for him is just a chicken change for him but for lower class citizens, that amount is too big that they can't just lost it in a gamble. There is a man in my locality that spend $3m every day. Even we that in the lower class gamblers can lose $20 and move free but for some people that $20 is a big money for them.
He has already gotten enough money so for using that big amount to gamble, he knows how it is and what it is. So we are just disturbing ourselves for nothing. Someone that has enough money can spend it the way he wants.
While anyone can do whatever they want with their money at the same time I doubt this was just spare change for this gambler, think about it, even if that person had 14 million on the bank losing 1.4 million is the equivalent of losing 10% of his capital in under an hour, if an investor or a trader was losing that amount of money they will be in complete panic, so the only way someone could consider that amount spare change is if they had more than 100 million dollars, and the amount of people that have that money are very limited around the world.
But I think like you said if the guy had 14 million dollars in his savings and lost 1.4 million dollars on the bet back then I don't think he would have felt the loss.
Because I know that he made 14 million dollars, it means he has a business or business that makes money fast.
So that when he loses 1.4 million dollars he will not feel like he has lost what he has done.
Even though he will definitely feel regret, but not for too long.

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March 24, 2023, 02:21:07 AM
 #743

The amount he risked gambling is ridiculous, honestly I can't do what he did. With 1.4M$ bett I can live a simple life to be honest.
I already have a nice house and lot, a nice car and businesses and lands that can be turned into farms. To him it's like nothing and he is not affected if he loses. It seems that he really knows what risk he is taking.
Those of us who are just little gamblers really can't do what he's doing because it involves a lot of money. And we can live simply and honestly with that much money and maybe we can also have a new business and develop it to improve it.

And we can only dream of having that kind of money. But playing gambling with small money is also okay, especially if we don't chase any wins. So we can play without any strange thoughts that can make us enjoy the gambling game more.
That is why there is always a different between a rich person and lower class. The amount for him is just a chicken change for him but for lower class citizens, that amount is too big that they can't just lost it in a gamble. There is a man in my locality that spend $3m every day. Even we that in the lower class gamblers can lose $20 and move free but for some people that $20 is a big money for them.
He has already gotten enough money so for using that big amount to gamble, he knows how it is and what it is. So we are just disturbing ourselves for nothing. Someone that has enough money can spend it the way he wants.
It really makes us jealous to see that rich people can use their money whenever they want and for whatever they want. Even sometimes, they use the money to achieve their goals. But it could be that someone with a lot of money is confused about how he can use the money, so he plays gambling just to reduce the amount. I'm wondering if it has something to do with his gambling taxes or income tax if he spends a lot of money gambling or if he wants to get a break to pay his income taxes because he's already lost at gambling. That just crossed my mind, especially when famous people also lose money at the gambling table.

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March 24, 2023, 02:54:44 AM
 #744

While anyone can do whatever they want with their money at the same time I doubt this was just spare change for this gambler, think about it, even if that person had 14 million on the bank losing 1.4 million is the equivalent of losing 10% of his capital in under an hour, if an investor or a trader was losing that amount of money they will be in complete panic, so the only way someone could consider that amount spare change is if they had more than 100 million dollars, and the amount of people that have that money are very limited around the world.
Although some speculate he is a billionaire but of course he will be disappointed from the result of the bet, no one will be willing to accept that gambling loss because he has predicted high odds of winning but his prediction is wrong and he has to lose the highest betting balance, so we can draw conclusions from this case that don't bet high because slot betting and sports betting no one can predict accurately.
who will be not disappointed losing million dollars lol, specially in single bet? maybe they can afford losing a million willingly if this happens for the whole day but for single betting even the richest man in the world will hurt here.
but losing this big? for us this will be our entire life asset and means losing our life lol.

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March 24, 2023, 03:38:45 AM
 #745

Although some speculate he is a billionaire but of course he will be disappointed from the result of the bet, no one will be willing to accept that gambling loss because he has predicted high odds of winning but his prediction is wrong and he has to lose the highest betting balance, so we can draw conclusions from this case that don't bet high because slot betting and sports betting no one can predict accurately.
who will be not disappointed losing million dollars lol, specially in single bet? maybe they can afford losing a million willingly if this happens for the whole day but for single betting even the richest man in the world will hurt here.
but losing this big? for us this will be our entire life asset and means losing our life lol.

You don't want to know it seems. Do you have 1.4 million to gamble away in one bet?  A person who has that amount to gamble is likely to have a net worth of hundreds or thousands of times that amount. So for him to lose 1.4 million is like for others to lose 14 £. Making an equivalence with the odds would be like betting £14 with odds so low that winning only gives you a penny profit. And you lose, lmao.
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March 24, 2023, 11:02:19 AM
 #746

While anyone can do whatever they want with their money at the same time I doubt this was just spare change for this gambler, think about it, even if that person had 14 million on the bank losing 1.4 million is the equivalent of losing 10% of his capital in under an hour, if an investor or a trader was losing that amount of money they will be in complete panic, so the only way someone could consider that amount spare change is if they had more than 100 million dollars, and the amount of people that have that money are very limited around the world.
Although some speculate he is a billionaire but of course he will be disappointed from the result of the bet, no one will be willing to accept that gambling loss because he has predicted high odds of winning but his prediction is wrong and he has to lose the highest betting balance, so we can draw conclusions from this case that don't bet high because slot betting and sports betting no one can predict accurately.
who will be not disappointed losing million dollars lol, specially in single bet? maybe they can afford losing a million willingly if this happens for the whole day but for single betting even the richest man in the world will hurt here.
but losing this big? for us this will be our entire life asset and means losing our life lol.
anyway, $ 1 million is a very large value and no matter how rich a gambler is, if he loses so much money in a very fast manner, surely the disappointment will always be felt every day.
but in this case it was a very valuable lesson for the man and will become a story in old age when he tells his grandson who became a gambler lost big and this man can tell anyone about his defeat to be more careful every time he bets in any type of gambling. maybe everyone has experienced something similar, losing a lot of money in less than an hour at gambling, but surely for the long term they will be more careful in betting, always consider before placing their money in bets.

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March 24, 2023, 07:35:03 PM
 #747

This is, not the first time someone is losing a big amount t to gambling, I have heard the history of others who sold their houses and cars and all gambled them away, this is a normal case of gambling addiction and we should get used to seeing such big lose from time to time.
This could be as a result of gambling addiction that might have eaten up some gamblers mindset in believing that they are supposed to do everything in there best to make sure that they win a bet without considering the risks that could be attached to that kind of gambling. We need to be wise so that we are not going to fall in such a big trouble of losing that kind money that could make us go to jail if it was not our money. The risk is gambling unnecessarily may not be visible to us until we are in it and see the result ourselves.
But here one thing may be different. If you think about it, the person who bet 1.4 million USD is not an ordinary gambler. Moreover, a new gambler will never want to take such a big risk. In that case I would say that he took the right decision but there his luck failed him. Those who can bet such a large amount must have a lot of money with which to recover the money lost through gambling again later. Since the person is unknown, the matter remains a mystery. But I don't agree to call this bet happen for an addiction.

I am not a professional bettor, but I have been following advice, tips and news from professional bettors, and there is a basic rule that is agreed by most professional and amateur bettors:

- bets with odds of @1.50 or less will never be profitable in the long term

- betting on games with odds of @1.50 or less is a serious mistake that any bettor should not make

the person can test: bet on 10 games with odds of @1.50 or less, the person will see that even having many victories it will not be worth it because just having 2 or 3 defeats already puts all the victories as if the person had not even won, now if odds of @1.50 are low, imagine odds of @1.01? It's simply shocking to know that it took someone $1,400 million to bet on a game that has odds @1.01, a real gambler wouldn't do that. I even prefer to think that the person failed at the time of betting

but tell me that the guy didn't fail when betting and that his intention was to bet 1,400 million dollars in a game with odds of @1.01? honestly what was this guy thinking when doing this kind of thing? Is something unbelievable

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March 24, 2023, 08:20:58 PM
 #748

The amount he risked gambling is ridiculous, honestly I can't do what he did. With 1.4M$ bett I can live a simple life to be honest.
I already have a nice house and lot, a nice car and businesses and lands that can be turned into farms. To him it's like nothing and he is not affected if he loses. It seems that he really knows what risk he is taking.
Those of us who are just little gamblers really can't do what he's doing because it involves a lot of money. And we can live simply and honestly with that much money and maybe we can also have a new business and develop it to improve it.

And we can only dream of having that kind of money. But playing gambling with small money is also okay, especially if we don't chase any wins. So we can play without any strange thoughts that can make us enjoy the gambling game more.
That is why there is always a different between a rich person and lower class. The amount for him is just a chicken change for him but for lower class citizens, that amount is too big that they can't just lost it in a gamble. There is a man in my locality that spend $3m every day. Even we that in the lower class gamblers can lose $20 and move free but for some people that $20 is a big money for them.
He has already gotten enough money so for using that big amount to gamble, he knows how it is and what it is. So we are just disturbing ourselves for nothing. Someone that has enough money can spend it the way he wants.
It really makes us jealous to see that rich people can use their money whenever they want and for whatever they want. Even sometimes, they use the money to achieve their goals. But it could be that someone with a lot of money is confused about how he can use the money, so he plays gambling just to reduce the amount. I'm wondering if it has something to do with his gambling taxes or income tax if he spends a lot of money gambling or if he wants to get a break to pay his income taxes because he's already lost at gambling. That just crossed my mind, especially when famous people also lose money at the gambling table.

Yeah, they are free to decide where to spare their extra money unlike with ordinary people who are just relying with their salaries they are not capable in sparing money into gambling while rich people can some of them are good in making more money out from this industry, whales are a good example where rich people can continue making money while enjoying.

In some sense, there are also some rich people who fail and suffer from a big mistake that happened in their life.

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March 24, 2023, 11:02:46 PM
 #749

It really makes us jealous to see that rich people can use their money whenever they want and for whatever they want. Even sometimes, they use the money to achieve their goals. But it could be that someone with a lot of money is confused about how he can use the money, so he plays gambling just to reduce the amount. I'm wondering if it has something to do with his gambling taxes or income tax if he spends a lot of money gambling or if he wants to get a break to pay his income taxes because he's already lost at gambling. That just crossed my mind, especially when famous people also lose money at the gambling table.
Yeah, they are free to decide where to spare their extra money unlike with ordinary people who are just relying with their salaries they are not capable in sparing money into gambling while rich people can some of them are good in making more money out from this industry, whales are a good example where rich people can continue making money while enjoying.

In some sense, there are also some rich people who fail and suffer from a big mistake that happened in their life.

I agree with this since those who are rich have a stable source of income through their businesses. They have steady cash flow that their own money, when played in gambling then loses, has no significant effect on their wealth. They are just there trying to increase their wealth and if they don't achieve it, then they basically doesn't lose that much. Also, I think those rich people have their own stories of success and defeat, and these experiences would be valuable for them to make decisions in regards to their gambling decisions.
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March 24, 2023, 11:25:34 PM
 #750

It really makes us jealous to see that rich people can use their money whenever they want and for whatever they want. Even sometimes, they use the money to achieve their goals. But it could be that someone with a lot of money is confused about how he can use the money, so he plays gambling just to reduce the amount. I'm wondering if it has something to do with his gambling taxes or income tax if he spends a lot of money gambling or if he wants to get a break to pay his income taxes because he's already lost at gambling. That just crossed my mind, especially when famous people also lose money at the gambling table.
Yeah, they are free to decide where to spare their extra money unlike with ordinary people who are just relying with their salaries they are not capable in sparing money into gambling while rich people can some of them are good in making more money out from this industry, whales are a good example where rich people can continue making money while enjoying.

In some sense, there are also some rich people who fail and suffer from a big mistake that happened in their life.

I agree with this since those who are rich have a stable source of income through their businesses. They have steady cash flow that their own money, when played in gambling then loses, has no significant effect on their wealth. They are just there trying to increase their wealth and if they don't achieve it, then they basically doesn't lose that much. Also, I think those rich people have their own stories of success and defeat, and these experiences would be valuable for them to make decisions in regards to their gambling decisions.
I am beginning to fan this discussion interesting and as a matter of fact, some points are beginning to spring up from this discussion as the above-quoted comments have pointed out, it is no longer about the loss any more, but now the discussion is shifting to the personality of the parties involve and they class im the society.
The gambler who lost 1.4 million in a bet is passive to be a rich guy, and those blaming ara are seen to be doing so because they are not rich so they would know the worth of the money to the gambler, this is quite interesting.

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March 24, 2023, 11:36:41 PM
 #751

I am beginning to fan this discussion interesting and as a matter of fact, some points are beginning to spring up from this discussion as the above-quoted comments have pointed out, it is no longer about the loss any more, but now the discussion is shifting to the personality of the parties involve and they class im the society.
The gambler who lost 1.4 million in a bet is passive to be a rich guy, and those blaming ara are seen to be doing so because they are not rich so they would know the worth of the money to the gambler, this is quite interesting.

For sure, anyone making a bet with 1.4 Million USD would not be a poor person in any case. However, it worth to know how much total wealth that gambler have because if he had only that much amount and he risked everything in that bat, he has definitely done the wrong thing. However, suppose a person have 10 million USD or 20 million USD and then he can risk 1 Million USD to make a bet and try his luck.

Most of the people here are like me, who have never seen 1 million dollars and therefore we find it strange that how a person can spent that much money in gambling but we forget that for the rich people, this is just an ordinary amount.

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March 24, 2023, 11:39:06 PM
 #752

I agree with this since those who are rich have a stable source of income through their businesses. They have steady cash flow that their own money, when played in gambling then loses, has no significant effect on their wealth. They are just there trying to increase their wealth and if they don't achieve it, then they basically doesn't lose that much. Also, I think those rich people have their own stories of success and defeat, and these experiences would be valuable for them to make decisions in regards to their gambling decisions.
A stable source of income will indeed be a support in everything, including gambling. Those who are rich not because of gambling at first certainly only put a little money (a lot according to us) into gambling, such as putting around hundreds or even millions of dollars, even though it is only a small part of their wealth.

Losing will not be a problem for them, because the allocation for gambling is already determined.
Rich people usually gamble for fun or at the same time increase their wealth by starting gambling and trying to reach the Jackpot.

It is important that anyone should take care of their psychology, and not be tempted to keep putting money into gambling when they always lose.
It will consume however much money you have, there must be full control of the money that will be used for gambling.

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March 25, 2023, 01:21:08 AM
 #753

While anyone can do whatever they want with their money at the same time I doubt this was just spare change for this gambler, think about it, even if that person had 14 million on the bank losing 1.4 million is the equivalent of losing 10% of his capital in under an hour, if an investor or a trader was losing that amount of money they will be in complete panic, so the only way someone could consider that amount spare change is if they had more than 100 million dollars, and the amount of people that have that money are very limited around the world.
Although some speculate he is a billionaire but of course he will be disappointed from the result of the bet, no one will be willing to accept that gambling loss because he has predicted high odds of winning but his prediction is wrong and he has to lose the highest betting balance, so we can conclude this case that don't bet high because slot betting and sports betting no one can predict accurately.
The fact is that being a billionaire does not justify extravagant spending such as this one, and if you have been involved in the discussion from the first page you saw diverse options and stands of others if they were in the gambler's shoes.

-But at this point, the highest we can do is to learn from the gambler's mistake and never to trust the odds no matter how sure their look, and don't gamble what you can not lose, we may have to stop comparing our little steps to other 100 steps, we are not on the same level of financial access.
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March 25, 2023, 07:52:08 AM
 #754

Yeah, they are free to decide where to spare their extra money unlike with ordinary people who are just relying with their salaries they are not capable in sparing money into gambling while rich people can some of them are good in making more money out from this industry, whales are a good example where rich people can continue making money while enjoying.

In some sense, there are also some rich people who fail and suffer from a big mistake that happened in their life.
But then again, we should be thankful that we still have a few bucks for gambling. And even though it will never be like the rich playing gambling and we can't compare it, we can still play gambling as usual. And actually, we have more chances to avoid gambling addiction, especially if we try hard to control ourselves and have stronger self-control than others.

But gambling can really give anyone, be they rich or poor, a bigger problem because the temptation of gambling is so strong. Without having good self-control, we will only fall into those temptations without being able to get out easily.

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March 25, 2023, 08:56:52 AM
 #755

Yeah, they are free to decide where to spare their extra money unlike with ordinary people who are just relying with their salaries they are not capable in sparing money into gambling while rich people can some of them are good in making more money out from this industry, whales are a good example where rich people can continue making money while enjoying.

In some sense, there are also some rich people who fail and suffer from a big mistake that happened in their life.
But then again, we should be thankful that we still have a few bucks for gambling. And even though it will never be like the rich playing gambling and we can't compare it, we can still play gambling as usual. And actually, we have more chances to avoid gambling addiction, especially if we try hard to control ourselves and have stronger self-control than others.

But gambling can really give anyone, be they rich or poor, a bigger problem because the temptation of gambling is so strong. Without having good self-control, we will only fall into those temptations without being able to get out easily.
Yes, you really have to be grateful because you can still bet and indirectly because only a little is used for betting, it can prevent us from gambling addiction.
Following the rich people's way of gambling will only kill us because we have gambled beyond the limits that will make us lose everything.
If you have a lot of money and like to gamble, then addiction is clearly right in front of your eyes and it's only a matter of time until we experience interference, so all gamblers without exception must try to control themselves while gambling.
Actually not a temptation but more to curiosity and greed for victory.

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March 25, 2023, 09:04:12 PM
 #756

Yeah, they are free to decide where to spare their extra money unlike with ordinary people who are just relying with their salaries they are not capable in sparing money into gambling while rich people can some of them are good in making more money out from this industry, whales are a good example where rich people can continue making money while enjoying.

In some sense, there are also some rich people who fail and suffer from a big mistake that happened in their life.
But then again, we should be thankful that we still have a few bucks for gambling. And even though it will never be like the rich playing gambling and we can't compare it, we can still play gambling as usual. And actually, we have more chances to avoid gambling addiction, especially if we try hard to control ourselves and have stronger self-control than others.

But gambling can really give anyone, be they rich or poor, a bigger problem because the temptation of gambling is so strong. Without having good self-control, we will only fall into those temptations without being able to get out easily.
Here in gambling for me the rich or the poor are the same, the only difference is the number of bets that will be made and in the end it's all about luck and self-control, it's very important for us to remember that even though someone who is very rich can lose a large amount as told by the OP, it's because controlling yourself is very difficult what's more if you have a lot of money in your pocket, it will be the biggest temptation.
So that small gamblers can control it more because in the bankroll he has only a small amount that must be controlled so that gambling can last a long time.

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rahmad2nd
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March 25, 2023, 09:24:34 PM
 #757

I am not a professional bettor, but I have been following advice, tips and news from professional bettors, and there is a basic rule that is agreed by most professional and amateur bettors:

- bets with odds of @1.50 or less will never be profitable in the long term

- betting on games with odds of @1.50 or less is a serious mistake that any bettor should not make

the person can test: bet on 10 games with odds of @1.50 or less, the person will see that even having many victories it will not be worth it because just having 2 or 3 defeats already puts all the victories as if the person had not even won, now if odds of @1.50 are low, imagine odds of @1.01? It's simply shocking to know that it took someone $1,400 million to bet on a game that has odds @1.01, a real gambler wouldn't do that. I even prefer to think that the person failed at the time of betting

but tell me that the guy didn't fail when betting and that his intention was to bet 1,400 million dollars in a game with odds of @1.01? honestly what was this guy thinking when doing this kind of thing? Is something unbelievable

The truth is, we don't know it.

But the theory you say in this post makes a lot of sense. but actually, there are rules of the game that we must follow. which ones are appropriate for us to choose, and which ones should be ignored. me, can do two options, i can bet on 1x2 or, bet on asian version i.e. handicap. depending on needs, especially if it's doubtful in terms of my personal judgment and considerations. Plus, you don't have to choose a team if the odds available are not ideal. in fact, we can bet on the number of goals or other options and so on.

From my point of view, it depends on a team that is playing. Let's take the example, the Manchester City vs Liverpool match. odds for City @1.58, while odds for Liverpool @5.40. in conclusion, it's hard if Liverpool win this match. Another consideration, whether there are many goals in this match. referring to the Asian odds of City @-1, which means, I can choose various options in this betting session, depending on the results of my analysis and it doesn't matter that the team that will play is City vs Liverpool. meaning, anything is possible.

Let's refer to the guy who gambled his $1.4 million. does he lack consideration, analysis, insight, is it possible that he is gambling blindly. maybe, but the probability is very small. because the fact is, we, who are not professional gamblers plus a small bankroll, will always try to research and analyze before making a bet.
So the question is, why do gamblers dare to go all in with odds @ 1.01? there are no answers, everything is a riddle. but psychologically, our minds are driven in the opposite direction because the money that is at stake is irrational for us.

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DoublerHunter
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March 25, 2023, 09:30:19 PM
 #758

Yeah, they are free to decide where to spare their extra money unlike with ordinary people who are just relying with their salaries they are not capable in sparing money into gambling while rich people can some of them are good in making more money out from this industry, whales are a good example where rich people can continue making money while enjoying.

In some sense, there are also some rich people who fail and suffer from a big mistake that happened in their life.
But then again, we should be thankful that we still have a few bucks for gambling. And even though it will never be like the rich playing gambling and we can't compare it, we can still play gambling as usual. And actually, we have more chances to avoid gambling addiction, especially if we try hard to control ourselves and have stronger self-control than others.

But gambling can really give anyone, be they rich or poor, a bigger problem because the temptation of gambling is so strong. Without having good self-control, we will only fall into those temptations without being able to get out easily.
Here in gambling for me the rich or the poor are the same, the only difference is the number of bets that will be made and in the end it's all about luck and self-control, it's very important for us to remember that even though someone who is very rich can lose a large amount as told by the OP, it's because controlling yourself is very difficult what's more if you have a lot of money in your pocket, it will be the biggest temptation.
So that small gamblers can control it more because in the bankroll he has only a small amount that must be controlled so that gambling can last a long time.
^This is definitely right and I believed your thought, whether someone is rich or poor, the outcome could be determined by luck and self-control. It is possible that having a lot of money in one's pocket can be a big temptation, making it difficult to control impulses and avoid excessive betting. Probably smaller gamblers may have an advantage in that they have less money to gamble with, making it easier to control their bankroll and make their gambling experience last longer.
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March 25, 2023, 10:58:36 PM
 #759

^This is definitely right and I believed your thought, whether someone is rich or poor, the outcome could be determined by luck and self-control. It is possible that having a lot of money in one's pocket can be a big temptation, making it difficult to control impulses and avoid excessive betting. Probably smaller gamblers may have an advantage in that they have less money to gamble with, making it easier to control their bankroll and make their gambling experience last longer.
Actually it doesn't matter whether they are rich or poor gamblers because if they allocate a funding limit for gambling then they will not add other funds for gambling, even though poor gamblers have limited funds so not much money is bet on gambling, the important point is that they have to control themselves and not greedy in gambling.

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March 26, 2023, 05:10:24 AM
 #760

Yes, you really have to be grateful because you can still bet and indirectly because only a little is used for betting, it can prevent us from gambling addiction.
Following the rich people's way of gambling will only kill us because we have gambled beyond the limits that will make us lose everything.
If you have a lot of money and like to gamble, then addiction is clearly right in front of your eyes and it's only a matter of time until we experience interference, so all gamblers without exception must try to control themselves while gambling.
Actually not a temptation but more to curiosity and greed for victory.
If that happens to us while we still have a lot of money, we should realize that we need help from other people to save us from things that can further aggravate our condition. When we are addicted to gambling, we cannot imagine what can be lost because of gambling because all that is on our minds is gambling. And for now, that gratitude is getting bigger because we can still try not to get addicted to gambling, can limit gambling activities, and the most important thing is that we can still have money for other things.

Here in gambling for me the rich or the poor are the same, the only difference is the number of bets that will be made and in the end it's all about luck and self-control, it's very important for us to remember that even though someone who is very rich can lose a large amount as told by the OP, it's because controlling yourself is very difficult what's more if you have a lot of money in your pocket, it will be the biggest temptation.
So that small gamblers can control it more because in the bankroll he has only a small amount that must be controlled so that gambling can last a long time.
And when one's restraint level begins to wane, that person should stop immediately before one suffers more defeats. And even though he is a rich man, he must stop immediately because it can trigger him to use more money. After all, he knows he still has a lot of money to gamble. To overcome this, we may limit depositing money for gambling so that when we lose control, we can immediately find out and get out of gambling. But it won't mean anything if we keep depositing another amount.

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