Do you gamble because you don't have sufficient money?

[Frankolala]

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

Everyone gambles for a variety of reasons, in my opinion, but practically all gamblers do so with the intention of profiting from it. Some gamblers assert that they do it for entertainment, but I don't entirely buy that. For this reason, I'll say that most gamblers are average people, there may be a small number of wealthy gamblers, but we shouldn't draw the conclusion that only the poor gamble because I don't believe that people are truly get certified with money,even when they have much they continue hurting for more money so that they should always be on top of the list of richest.

The fact is that we have this mindset that it is the poor and the average are people that gambles because those are the people of our caliber,and we always discuss our gambling events and activities with them. Most time we see a poor man that can't control himself will have a big loss and the person will be lamenting everywhere into our ears with his loss and when he also wins big he disturbs everyone with his wins.

A rich man can gamble and he losses more than the poor man because he do stake with a huge some of money. If he losses,how will you know that he lost. You will never know because he doesn't go around telling people about his loss but instead he has a business that will cover his loss. Gambling is for all,there are big shots that uses the football matches to gamble with their assets.

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I have had a friend who gambles because he does not have money. I mean whenever he sees the property he wants to buy maybe let's say a shoe or clothes that he wants to acquire for himself. He now go and gamble in order to acquire that very property.
But whenever he has money on him, he does not remember to gamble. He only gambles when he need money to do something.
After atudying his type of lifestyle, I understood that his problem was not just gambling for entertainment, he needs a better source of income and when he is financially stable, he will say goodbye to gambling. There a lot of people like that when they have good source of income that will make them leave comfortable, they will say goodbye to gambling.

He is just a guy friend that feels insecure because I think only people in that category have this sense of belonging and at the end, there lifestyle is not always real but fake as they will always struggle to meet up with the standard of living with people in that level.
They always want to impress and the society they are impressing doesn't give a damn about them, once you die today, the world wouldn't know or felt it, only your family do and even them is just for a while, after that, the earth will remain the same and will continue to revolve round the sun.

I think job scarcity is one of the problem why people gamble to make money, if there are jobs and skills needed, people will do everything in there capacity to earn from there instead of running before 50;50 chances that you may win nothing in the end.

[dimonstration]

I think job scarcity is one of the problem why people gamble to make money, if there are jobs and skills needed, people will do everything in there capacity to earn from there instead of running before 50;50 chances that you may win nothing in the end.

I don’t think so. Maybe on some cases, jobless seek gambling as source of income as alternative for being jobless but most of the time especially 3rd world people doesn’t afford to gamble since they will just use the money to buy food and other things that they needed.

Most of the people that gambling are those who don’t have social life and want to enjoy during their free time. I’m gambling because I’m too lazy to go outside during my dayoff.

[Dickiy]

To be honest I think most of them got into gambling because they saw some big prizes provided by the casino, they had financial problems and when they found out about gambling they most likely thought that this is a good opportunity to multiply small money into huge amounts. I see a lot of people doing it for this reason, the lure of gambling has changed the mindset of people without them realizing that there will be a lot of losses that will come to them including some significant mental effects that they will feel. The point is not to be too ambitious when you see something that seems very interesting, look first at the risks involved and see how other people feel the impact of this gambling.

[Obari]

The purpose of gambling is to make money,and to make more money,and I think that should only be the reason why one should Gamble,and any other reason that is not for the purpose of making money is not normal.The first day I gambled,I had one thousand Naira,and I needed to pay my school fee the next day,at that time things weren't too ok for me,so the only option I had was to take a risk and gamble with the last one thousand that I had.I played soccer virtual,and the very first hand I payed with the one thousand,I won 10,500,I was so happy but the money won was not enough to pay for my school fee,I still needed more 40 thousand naira to complete up the money so I could go,I started playing more,till they won all the money back,I didn't win any other  one again,I was so furious while I was going home,but since that day,I couldnt stop gambling again.So in my own case,it was simply because I wasn't financially bouyant that made me Gamble.

[Juse14]

A rich man can gamble and he losses more than the poor man because he do stake with a huge some of money. If he losses,how will you know that he lost. You will never know because he doesn't go around telling people about his loss but instead he has a business that will cover his loss. Gambling is for all,there are big shots that uses the football matches to gamble with their assets.

In my opinion, rich and poor are not sufficient as a benchmark, for them to risk large amounts of money.
when someone is addicted to gambling, they will use any money to be able to play. If rich people will spend their wealth playing gambling, then poor people will continue to look for and justify any means so they can get money, including by committing robbery or other crimes in order to get money so they can play gambling.
As long as they have self-control, even rich people will be able to manage their finances to play gambling and will not want to gamble large amounts for something that is uncertain.

[swogerino]

I think job scarcity is one of the problem why people gamble to make money, if there are jobs and skills needed, people will do everything in there capacity to earn from there instead of running before 50;50 chances that you may win nothing in the end.

I don’t think so. Maybe on some cases, jobless seek gambling as source of income as alternative for being jobless but most of the time especially 3rd world people doesn’t afford to gamble since they will just use the money to buy food and other things that they needed.

Most of the people that gambling are those who don’t have social life and want to enjoy during their free time. I’m gambling because I’m too lazy to go outside during my dayoff.

That is some kind of boredom you create for yourself,you cannot always win in gambling and if you keep playing in your day off instead of relaxing you can become more tense if you have a bad losing session,this will make your mind in a mood where it won't perform very well in the upcoming week in your work.

I think that most people gamble not because they are jobless or from 3rd world countries where I agree gambling is more heavy and in bigger percentage but because money is never enough as that saying says,so there is always a good reason to gamble to make some more money.

[LUCKMCFLY]

A rich man can gamble and he losses more than the poor man because he do stake with a huge some of money. If he losses,how will you know that he lost. You will never know because he doesn't go around telling people about his loss but instead he has a business that will cover his loss. Gambling is for all,there are big shots that uses the football matches to gamble with their assets.

In my opinion, rich and poor are not sufficient as a benchmark, for them to risk large amounts of money.
when someone is addicted to gambling, they will use any money to be able to play. If rich people will spend their wealth playing gambling, then poor people will continue to look for and justify any means so they can get money, including by committing robbery or other crimes in order to get money so they can play gambling.
As long as they have self-control, even rich people will be able to manage their finances to play gambling and will not want to gamble large amounts for something that is uncertain.

Well, it is a subject that has to be known how to approach it, when it comes to a person who is poor, obviously they will have their limitations and that a loss can mean something very serious in their life, then this is something that must be considered, however a person who is Rich, you can spend your money more liberally and in terms of spending you can do it as far as you consider because it will not affect you, unless they are very high money expenses, but I don't think the times are that high, and if so Well, it's the only way I see that it can affect you.

If we are going to think that a rich player has more liberties than a poor one, then I would say yes, the liberties are obvious, when a rich person spends a lot of money, his comforts remain intact, and whatever causes him to eat, he will buy. without any problem, the bad thing is that some players who are not so wealthy, when they bet more than normal, commit the money they have to cover basic needs and that is where the error lies, especially when you have a family that is all dependent of that person, it is something that should not be done and for that there must be self-control. In fact, a poor person is the one who should have and be the most intelligent and with self-control, not only in a path but in all activities, because it is wrong that they have , a mistake that will be very catty, so you must take care of this type of thing so that the expenses decrease , the economic capcaides do influence our lives and even more so if you enter a Casino where it is practically understood that the people are the owner of their acts and the degree of responsibility must be very high.

There are people who lose control being rich and poor, the sad thing is that a poor person loses control of everything and cannot do Anything right and everything is a mistake, like falling into addiction when he has no way to support himself, apart from being a father family, if that is the case, that is when he should be more Responsible and if he sees that he cannot play, then he simply should not invent, because he does not have the capacity to respond to anything.

[Betwrong]

~

I used to do this lately as I had a lot of unpredictable spending for myself and my family,weddings,deaths,vacations and so I needed at least triple the amount of my salary to fit this in,I took some crypto to satisfy the needs but then some of these crypto I thought to double it in sport bets and slots and lost several of that amount.I learned my lesson though,you always lose when you want to make some extra money or to add some money to your existing balance for your needs so I don't advice to anyone doing it.I solved my problem by getting more crypto from my savings and damn,gambling I will never try again with this type of money.

I used to think like this too in the past. But later I realized it's not related. I'm sure you actually know this too. How your winning or losing can be related to your thoughts and intentions? So, sometimes, when we eagerly want to win - we win. It just so happens. Still, I think it's good to keep in mind that wanting to make some extra money through gambling isn't a good idea. You should always be ready to lose what's on your balance instead of planning to win more.

[radjie]

On average, gambling is the most popular among the lower middle class, most of them hope to make money from it by trying their luck.  Rich people are involved in gambling just for entertainment, they prefer investment than gambling
Therefore, gambling addiction is more from the lower middle class than the rich

[zuzie]

I think the goal in gambling is to get a lot of money and where the rich and the poor are in the scope of gambling. because if someone is already addicted to gambling, they will not think long to spend it. even though they already know for sure the risks that will come. but people who play gambling certainly try to win and avoid defeat, because in gambling it is difficult to predict that we will always win.

[jrrsparkles]

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

Obviously yes because the percentage of rich people in this world is lesser than the middle class so let's say 10% of people are rich on average it doesn't mean all the people who gamble are middle class so they can increase their financial status by making some money.

People gamble for only one reason to make some money but if their intention is to become rich with this strategy then they are stupid, it can give you a win sometimes but a loss on the other side mostly so it same goes for rich people too but the only difference is rich people can top up their casino balance with no worries which is not the case with others.

[Juse14]

A rich man can gamble and he losses more than the poor man because he do stake with a huge some of money. If he losses,how will you know that he lost. You will never know because he doesn't go around telling people about his loss but instead he has a business that will cover his loss. Gambling is for all,there are big shots that uses the football matches to gamble with their assets.

In my opinion, rich and poor are not sufficient as a benchmark, for them to risk large amounts of money.
when someone is addicted to gambling, they will use any money to be able to play. If rich people will spend their wealth playing gambling, then poor people will continue to look for and justify any means so they can get money, including by committing robbery or other crimes in order to get money so they can play gambling.
As long as they have self-control, even rich people will be able to manage their finances to play gambling and will not want to gamble large amounts for something that is uncertain.

Well, it is a subject that has to be known how to approach it, when it comes to a person who is poor, obviously they will have their limitations and that a loss can mean something very serious in their life, then this is something that must be considered, however a person who is Rich, you can spend your money more liberally and in terms of spending you can do it as far as you consider because it will not affect you, unless they are very high money expenses, but I don't think the times are that high, and if so Well, it's the only way I see that it can affect you.

If we are going to think that a rich player has more liberties than a poor one, then I would say yes, the liberties are obvious, when a rich person spends a lot of money, his comforts remain intact, and whatever causes him to eat, he will buy. without any problem, the bad thing is that some players who are not so wealthy, when they bet more than normal, commit the money they have to cover basic needs and that is where the error lies, especially when you have a family that is all dependent of that person, it is something that should not be done and for that there must be self-control. In fact, a poor person is the one who should have and be the most intelligent and with self-control, not only in a path but in all activities, because it is wrong that they have , a mistake that will be very catty, so you must take care of this type of thing so that the expenses decrease , the economic capcaides do influence our lives and even more so if you enter a Casino where it is practically understood that the people are the owner of their acts and the degree of responsibility must be very high.

There are people who lose control being rich and poor, the sad thing is that a poor person loses control of everything and cannot do Anything right and everything is a mistake, like falling into addiction when he has no way to support himself, apart from being a father family, if that is the case, that is when he should be more Responsible and if he sees that he cannot play, then he simply should not invent, because he does not have the capacity to respond to anything.

Great bro, the explanation is quite detailed and thank you.

I just want to advise not to gamble occasionally if you don't have good self-control and a good understanding of gambling.

When someone is addicted to gambling they will never care about limitations and needs other than the need for money to play gambling. Even though this gambling is just a game for entertainment, if you don't have good control and skills, then gambling will have a serious impact on your life. The pleasure you feel in gambling will only bring you to the valley of misery.

Rich people can fall into poverty because of gambling addiction. Especially when poor people are addicted to gambling, they will only suffer more and more.

[Blitzboy]

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

Obviously yes because the percentage of rich people in this world is lesser than the middle class so let's say 10% of people are rich on average it doesn't mean all the people who gamble are middle class so they can increase their financial status by making some money.

People gamble for only one reason to make some money but if their intention is to become rich with this strategy then they are stupid, it can give you a win sometimes but a loss on the other side mostly so it same goes for rich people too but the only difference is rich people can top up their casino balance with no worries which is not the case with others.

im getting a sense that you think that only the "average Joe" takes a risk at the casino to level up their life. But isnt life itself a gamble? Why shame someone's strategy to improve their lot? And, by the way, you've got a skewed perception if you believe that the rich dont gamble to get richer; they just call it "investment."

Your naive view seems to be that gambling is only about money. But guess what? Its not. Its about thrill, excitement, strategy, and sometimes, even a display of power. Rich folks may have deeper pockets, but that doesnt make their choices more intelligent or rational than the rest.

When it comes to the core human drive to dominate, outperform, and flex, wealth only magnifies the stakes. Remember that.

[jrrsparkles]

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

Obviously yes because the percentage of rich people in this world is lesser than the middle class so let's say 10% of people are rich on average it doesn't mean all the people who gamble are middle class so they can increase their financial status by making some money.

People gamble for only one reason to make some money but if their intention is to become rich with this strategy then they are stupid, it can give you a win sometimes but a loss on the other side mostly so it same goes for rich people too but the only difference is rich people can top up their casino balance with no worries which is not the case with others.

im getting a sense that you think that only the "average Joe" takes a risk at the casino to level up their life. But isnt life itself a gamble? Why shame someone's strategy to improve their lot? And, by the way, you've got a skewed perception if you believe that the rich dont gamble to get richer; they just call it "investment."

Your naive view seems to be that gambling is only about money. But guess what? Its not. Its about thrill, excitement, strategy, and sometimes, even a display of power. Rich folks may have deeper pockets, but that doesnt make their choices more intelligent or rational than the rest.

When it comes to the core human drive to dominate, outperform, and flex, wealth only magnifies the stakes. Remember that.

I would say it is rational thinking, not naive. Yeah, thrill, excitement, and all others are part of gambling but it's a secondary thing to be honest the most priority is money, you can ask anyone about that and let me know about their perspective. Some manage to control it under their limits so we call it as responsible gambling while a few others slip out of their way and we call it addiction.

Rich people don't see it as an investment either but all I am saying is even if they lose and wipe out of their balance it won't hurt their after life which may not be the same with someone who allocated $1000 and tried to make something out of it.

[Shamm]

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

For me that is a bad mindset cause if a gambler aim to get profit then he/she is not normal why should normal people involve in gambling and aiming for the profit that the reality does not give you a profit.  Gambling is base on our luck and not all the time we have our luck in gambling so we can not say that we are always the winner. So keep moving forward that mindset is not good cause gambling is not for income.

[Awaklara]

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

For me that is a bad mindset cause if a gambler aim to get profit then he/she is not normal why should normal people involve in gambling and aiming for the profit that the reality does not give you a profit.  Gambling is base on our luck and not all the time we have our luck in gambling so we can not say that we are always the winner. So keep moving forward that mindset is not good cause gambling is not for income.

that is clearly the wrong mindset. every gambler who comes to the casino must bring their money to bet. if gamblers had no money, they would have nowhere to gamble.
making gambling a living is a bad decision. it will only make them poorer and more hungry.
gamble if indeed our finances are capable. Gambling is not a place to make money. but a place to seek fortune with pleasure. we have to start gambling healthy, not one that makes us more stressed.

[Shamm]

I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

For me that is a bad mindset cause if a gambler aim to get profit then he/she is not normal why should normal people involve in gambling and aiming for the profit that the reality does not give you a profit.  Gambling is base on our luck and not all the time we have our luck in gambling so we can not say that we are always the winner. So keep moving forward that mindset is not good cause gambling is not for income.

that is clearly the wrong mindset. every gambler who comes to the casino must bring their money to bet. if gamblers had no money, they would have nowhere to gamble.
making gambling a living is a bad decision. it will only make them poorer and more hungry.
gamble if indeed our finances are capable. Gambling is not a place to make money. but a place to seek fortune with pleasure. we have to start gambling healthy, not one that makes us more stressed.

Yes absolutely mate those man who talk To Op like that is not just smart person causes he has a low IQ which means too slow to create thoughts in life. Cause we all know and if we think to the main topic which is gambling from the word GAMBLING it will involved money cause a play does not involve money then still can not say or called as a gambling. And also not just small money involved in gambling but a Huge one.

[maydna]

I think the goal in gambling is to get a lot of money and where the rich and the poor are in the scope of gambling. because if someone is already addicted to gambling, they will not think long to spend it. even though they already know for sure the risks that will come. but people who play gambling certainly try to win and avoid defeat, because in gambling it is difficult to predict that we will always win.

If their goal in gambling is to earn money, they should forget about it soon because gambling is not a place to earn for gamblers but a place to have fun, releasing stress from the various busy lives they are doing. They know the risks, but they still gamble and use some of their money because the temptation to make money from gambling is greater than the risk they will accept. And it turns out that many of them end up losing after playing for several rounds, so they can't make money from gambling.

[Casdinyard]

So my question is, is the percentage of the rich gambling lower than the middle and lower class?

Obviously yes because the percentage of rich people in this world is lesser than the middle class so let's say 10% of people are rich on average it doesn't mean all the people who gamble are middle class so they can increase their financial status by making some money.

People gamble for only one reason to make some money but if their intention is to become rich with this strategy then they are stupid, it can give you a win sometimes but a loss on the other side mostly so it same goes for rich people too but the only difference is rich people can top up their casino balance with no worries which is not the case with others.

It's way less but they rich are able to put in more money than the poor ones so it kind of counterbalances the whole percentage thingy. Would agree with how you put it too. To some people it may not sit well to assume that the poor gamble because of money, but it's the truth. People who couldn't earn enough for the day go to lottery outlets for that one chance at a life-changing sum of money. The rich wouldn't be anywhere near it, cause they don't need to, and they know that the system is rigged against them especially in games like these. The rich may gamble but only for experience and entertainment. They'd never gamble for money unless it's for some bet they can't say no to.