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

[Cookdata]

It's good if you gamble to relieve your stress. But people out there think of gambling to make money even if they don't have money because they see that gambling can still be used to make money. Even though they also see many people who have lost money from gambling and don't want to stop gambling because they still feel they can win in the next round. In less developed countries, gambling seems to be a way to make money, especially since they see several people who can win a lot of money from gambling, so they think they can make money like those gambling winners.

Perhaps I don't understand gambling at all but if you are gambling because you want to relieve the stress of the day, then I think Casino games are the perfect way to go about it, you don't want to gamble in betting like footballs and Basketball and you think you are distressing your body to relax because watching the match as it goes will disengage you from the fun of the match, you will be divided more particularly when your team is losing and your bets is not going as you wanted, that's more like imposing more stress on your body.

What I think is best about distressing is Casino, it can be physically or online, whichever is convenient for you because it's a game that will take away your attention completely without even knowing that you are gambling, the fun you get takes you to another dimension of entertainment but only if you gamble with the amount you can afford to lose. The fun of gambling revolves round "the money you wager", the more you are free with your wager, the less worry you become when you lose and the more entertaining it gets.

[ElisSmith]

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?

I've read on some articles that rich people do gamble but only a few people could match their bets so only a few of them play.

In my experience I only play when I feel like I can double my extra money. I always set limits and only play when I have extra since I can't afford to lose everything, best to play it safe.

[Porfirii]

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?

I've read on some articles that rich people do gamble but only a few people could match their bets so only a few of them play.

In my experience I only play when I feel like I can double my extra money. I always set limits and only play when I have extra since I can't afford to lose everything, best to play it safe.

Well, I don't know many rich so I can't tell what they do or not, like Gozie51's friend... but I don't think there is a big difference between rich and poor. If we talked about alcohol, maybe the poor drinks cheap beer and the rich expensive spirits, and in gambling I think it's the same somehow: the poor will play slots, and the rich participate in high stake events, so the thrill is similar based on their wealth.

Anyway, he may be right when he says that those who gamble because they don't have sufficient money wouldn't do it if they became rich, but I don't believe that we can generalise and it seems to me more the exception than the rule. So what do you think?

[sompitonov]

The rich man does not rely in gambling there are still other sources that become his income, he knows how to earn money healthily without gambling games, but that's most of the rich people prefer on their business/investment to generate not from gambling.

I think that is the point he tried to make that because the rich have a stable and steady financial inflow, they may not be found gambling like the lower class. Believe it that most people who gamble do that for the additional money expected as winning reward. I think there could be some sense in that anyway but I also know that some rich do gamble especially in football betting and when they are drinking, they could lock horn in P2P gambling with friends maybe that could be for fun and superiority to show who follows football more.

Poor people who know little about gambling see it as an opportunity and try to grab onto it like a straw to a better life. What awaits most of them is not luck, but lost money and wasted time. I myself remember when I was a student and had little money, I became acquainted with gambling. And I felt very angry when I lost. Now I’m completely calm and sometimes I can bet for fun, because I understand perfectly how this industry works. With all this I want to say that gambling makes poor people even poorer, and rich owners even richer, which increases the distance between them. It would be good if the owners of this business not only paid taxes, but also doing charity for social needs, because this is very important.

[Jody.Drummer]

mostly middle class people gamble because they are not financially free or want to earn fast and come out of that middle class life, gambling gives hope to make big money.
some people who started gambling without knowing that everyone will lose money, after playing for some times they realize it's hard to earn anything from gambling but after knowing that they don't stop to gamble.
and most rich people already know they gambling is a game of chance we can lose everything in it so they gamble responsibly that's why or how they got rich.

Yes that's the mindset that is always carried by middle class people or especially poor people who misinterpret gambling, it's true as you said that they want money quickly to fulfill their needs and when they see gambling they like to find a solution to overcome their financial shortage problems. Haha I'm sure there are more people who carry that mindset than those who come just for fun, poor people are too focused on seeing winning opportunities but on the other hand they forget that there are other things that are more likely to happen and can even dominate, namely losing streaks and addiction.

Instead of making a lot of winnings but the opposite happens, they suffer a lot of problems and lose a lot of money. The first session can usually make them smile and it is none other than the strategy of the casino that in the early stages will give the gamblers the pleasure that makes the gamblers finally put greater hopes, and when it's time then the casino will turn the situation where victory is very difficult to get. That's what makes anyone who takes gambling too seriously then they will experience a lot of suffering. Yes, it may be true that the average rich person already knows that this activity is only for pleasure, but there is something else that makes the rich not overdo it, namely because they are well-off.

[Docnaster]

Gambling is not only designed for the poor else it would be a legitimate source of income that is to considering the poor taking leads in the gambling tables maybe as its potentials.
But gambling is purely a game of making profits that is generally not reliable and not considering ones financial status of an individual level of influences.

It is true that majority of the Poor gambles more than. The rich simply because they are desperate to make money and not just about the winning and their eagerness to make this money has got them staying longer on gambling with the motion of inability to controlling their emotions and also the lack of making a gambling portfolio budgets.
Most irresponsible and addicted gamblers are comes from the poor persons simply because gambling seems to be flexible and has them a percentage to make riches but things doesn't usually goes as expected yet they seizes not to give up.
The riches also gambles but they are likely not noticable because they are mostly on gambling portfolio budgets where as they don't exceed their limits while gambling and they could take control of their motional emotions while they gambles.

Your friend seems biased or should I say it is an act of empathy he has for the poor that got him feels that only the poor gambles?
He also failed to reference you to some prominent rich dudes whom are gamblers whether winning the stakes or not, gambling is gambling that is it.
Even at most times, gamblers are liable to bet more because they are believed that they have enough to loose.

I totally agree with your opinion about the subject matter. One fact I've come to agree with is that gambling is meant for wealthy men even when we it's absolutely open for everyone regardless of their financial status to engage in it. It took me some many years and experience for me to realize that but many people are yet to come to terms with that fact because they are yet to see things from my own point of view.

A lot of people thinks that when they don't have money, gambling should be a source of making money and that's absolutely wrong in my own opinion because 85% of all the people who I know started gambling to elevate from their poor financial status failed and some even had to sell all their belongings in the process. The rich gambles and if they lose, they wouldn't feel as much as someone who gambled with the last funds in his account trying to double it or even making more money from it. It's absolutely unwise if you ask for anyone to gamble because of insufficient funds and the desire to make more money back I don't think gambling is an avenue for poverty alleviation.

[EarnOnVictor]

The rich man does not rely in gambling there are still other sources that become his income, he knows how to earn money healthily without gambling games, but that's most of the rich people prefer on their business/investment to generate not from gambling.

I think that is the point he tried to make that because the rich have a stable and steady financial inflow, they may not be found gambling like the lower class. Believe it that most people who gamble do that for the additional money expected as winning reward. I think there could be some sense in that anyway but I also know that some rich do gamble especially in football betting and when they are drinking, they could lock horn in P2P gambling with friends maybe that could be for fun and superiority to show who follows football more.

Poor people who know little about gambling see it as an opportunity and try to grab onto it like a straw to a better life. What awaits most of them is not luck, but lost money and wasted time. I myself remember when I was a student and had little money, I became acquainted with gambling. And I felt very angry when I lost. Now I’m completely calm and sometimes I can bet for fun, because I understand perfectly how this industry works. With all this I want to say that gambling makes poor people even poorer, and rich owners even richer, which increases the distance between them. It would be good if the owners of this business not only paid taxes, but also doing charity for social needs, because this is very important.

You can't entirely blame the poor people in this regard, if truly they are gambling because they do not have enough funds only, why are the rich people gambling? I believe that we should be selective in the cases we comment on as the reasons can't be the same. To some, it might not be the fact that they are poor or rich but greed which I am sure affects the rich as well. But unfortunately, if you are not that rich and are gambling, people believe that it's because you do not have money and this is applicable to average people, or even below average who are contented. But it's not like that, some people might not be in need of the money and are very contented but still gamble.

This is why you mostly see the rich gamble, and it could be because they are greedy or they just like to have fun through it, so why the case of the supposedly poor people should always be different? Either way, you may not know unless they tell you personally the reason why they gamble. For this, I think it's not right to always believe the bad deeds in gambling are for the poor while completely exonerating the rich simply because they are rich.

[maydna]

~snip~

Perhaps I don't understand gambling at all but if you are gambling because you want to relieve the stress of the day, then I think Casino games are the perfect way to go about it, you don't want to gamble in betting like footballs and Basketball and you think you are distressing your body to relax because watching the match as it goes will disengage you from the fun of the match, you will be divided more particularly when your team is losing and your bets is not going as you wanted, that's more like imposing more stress on your body.

What I think is best about distressing is Casino, it can be physically or online, whichever is convenient for you because it's a game that will take away your attention completely without even knowing that you are gambling, the fun you get takes you to another dimension of entertainment but only if you gamble with the amount you can afford to lose. The fun of gambling revolves round "the money you wager", the more you are free with your wager, the less worry you become when you lose and the more entertaining it gets.

Relieving stress using gambling can be done as long as a person can control himself, but most people will actually become more stressed when gambling because they end up losing more. It will make them unable to release their stress and frustration by gambling, so gambling is not a good way to relieve stress for them. It is better for them to look for other things that can relieve the stress of the day by doing other activities or they can sleep to make their bodies relax again. Exercise can also be a solution to relieve stress because we relieve discomfort by exercising. But we can also control ourselves by exercising because when we lose, we can also become more stressed.

That is why when gambling at any casino, physical casino or online, a person must have self-control so that they will not sink too deep into gambling and can leave whenever they want. The joy they get from gambling can make them forget to stop gambling and still want to continue gambling, especially since in every casino, there are lots of gambling games that we can play. That is why before we start gambling, we must determine the amount of money to gamble and must be able to stop gambling immediately if we have had enough gambling.

[Dewi Aries]

Insight and the level of curiosity about something that should be a major concern and prioritized, this will be useful so that you know what is actually in the field, do not get the wrong idea because there will be negative impacts that will befall you when you come without any consideration, as is the case in gambling and especially for poor people who are also poor in terms of insight and way of thinking. Not only that, I will not fully blame the poor because of course there are several factors that are very likely to influence them so that they bring the wrong mindset, the impetus of difficult circumstances? yes that's right, of course they have stressful circumstances due to lack of strength in financial terms that make them think to look for or take advantage of whatever is in front of them which of course can give them money.

When there is gambling, it is clear and not strange if they think that this is an activity that can produce, the pressure of the situation has changed the way they think, instead of getting income to increase their financial strength, but the opposite happens, they lose a lot of money from their hard work which is not much. I think more middle class/poor people are victims of the impact of addiction, the mindset that is their initial mistake, so they make decisions that should not be.

[Kelvinid]

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?

I don't because I'm poor. I gamble only when I have money to spare. I have a day job that pays me well so poverty is not my motivation.
I do admit I have gambled online to get the transaction fees to withdraw as I prefer withdrawing in fewer digit amounts and lost all in some cases. I might also have gambled to get a fixed amount online to get something done but that should not be considered poverty,
I have seen poor people gamble and that's a sure shot way of destroying your life. No poor have gambled to richness. There are lottery stories but the money coming from luck don't last long.

Gambling to me sometimes to some persons may be because they feel that they don't have sufficient money or may be they don't have a source of making regular income so hence their getting involved in gambling with the hope that if they win they can be able to use the money and sort out things they needed. Though the rate of the Rich ones that gambles in our society cannot be compared with the poor because most reach people basically plays gamble for fun that's why if they lose a bet they don't feel the impact at all. But when the poor loses a bet most times they feel it so much because they actually needed the money most and in the quest of gambling and losing it can even affect the psychological health of them because their aim of gambling is not met considering the fact that they don't have a steady income yet they lose the little they make out from other menial jobs.

For poor people, gambling is one of their options to make money but on the other side, this is also the reason why they become poorer and hard to grow their finances. Because in their mind, gambling is their priority and every time they have money,  a huge share is used for gambling, not for the necessities. That is why a lot of poor people have been in gambling hoping for luck, some have got it but the majority have failed and lost more. There is a need for them to realize and must open their minds and think that gambling is just for fun, not a source of income.

[piebeyb]

When there is gambling, it is clear and not strange if they think that this is an activity that can produce, the pressure of the situation has changed the way they think, instead of getting income to increase their financial strength, but the opposite happens, they lose a lot of money from their hard work which is not much. I think more middle class/poor people are victims of the impact of addiction, the mindset that is their initial mistake, so they make decisions that should not be.

Yes, the mindset of poor people and the lower economic class always thinks that gambling is the right way to get money and multiply it quickly, so because they don't have enough money, they end up trying to gamble, as you said above, in the end they just become people. losers and don't get any money or winnings, that's why mindset is very important before gambling.

To be honest, personally since I played gambling I never thought I could get big money from gambling, in fact all I had in mind was playing gambling and enjoying the game, winning and losing are part of the game and there are also risks in it that I have to accept as well as winning. which I consider as a bonus, not as my main target for gambling, because up to now my mindset has considered gambling to be just entertainment.

[tusandii]

When there is gambling, it is clear and not strange if they think that this is an activity that can produce, the pressure of the situation has changed the way they think, instead of getting income to increase their financial strength, but the opposite happens, they lose a lot of money from their hard work which is not much. I think more middle class/poor people are victims of the impact of addiction, the mindset that is their initial mistake, so they make decisions that should not be.

Yes, the mindset of poor people and the lower economic class always thinks that gambling is the right way to get money and multiply it quickly, so because they don't have enough money, they end up trying to gamble, as you said above, in the end they just become people. losers and don't get any money or winnings, that's why mindset is very important before gambling.

To be honest, personally since I played gambling I never thought I could get big money from gambling, in fact all I had in mind was playing gambling and enjoying the game, winning and losing are part of the game and there are also risks in it that I have to accept as well as winning. which I consider as a bonus, not as my main target for gambling, because up to now my mindset has considered gambling to be just entertainment.

I won't compare poor or middle class gamblers but it's all about experience.
If a lower class gambler or a poor person wants to learn to find out what gambling really is and how it works, he will definitely not think that gambling is a place to make money.
But it's quite sad that the average lower class person is lazy to do that and just thinks instantly without doing research before gambling, but not all lower class people think like that.

[atamism]

No, I don't gamble if I don't have enough money. I only gamble if I have a extra money, I prioritize my bills first and then If I have an extra money, then I want to have fun then I play in online casinos. Nowadays it is very easy to gamble, you don't need to go to casinos to gamble. Even if you are at home you can gamble, but be sure that you are responsible and you have self control. Don't play if you don't have enough money, don't risk it in gambling.

[Orpichukwu]

I've read on some articles that rich people do gamble but only a few people could match their bets so only a few of them play.

In my experience I only play when I feel like I can double my extra money. I always set limits and only play when I have extra since I can't afford to lose everything, best to play it safe.

You only play when you feel you can double your money, and does that plan work for you all the time? If yes, then you must have a good betting strategy that's working for you, although our bets don't work all the time. Few games do disappoint us some times.
 
Most rich people that I know always make a mouth protection and some of them never even have the time to fund their account and place those bets and see, how accurate their predictions is. Why some of them gamble most of the time? Anytime they feel like spending more, they use gambling as a means of spending, If the money goes, that's it. And if they are also lucky enough to win some extra cash, that's also good for them. All rich people out there have their different way of reason and how they respond to gambling activity

[Quidat]

I've read on some articles that rich people do gamble but only a few people could match their bets so only a few of them play.

In my experience I only play when I feel like I can double my extra money. I always set limits and only play when I have extra since I can't afford to lose everything, best to play it safe.

You only play when you feel you can double your money, and does that plan work for you all the time? If yes, then you must have a good betting strategy that's working for you, although our bets don't work all the time. Few games do disappoint us some times.
 
Most rich people that I know always make a mouth protection and some of them never even have the time to fund their account and place those bets and see, how accurate their predictions is. Why some of them gamble most of the time? Anytime they feel like spending more, they use gambling as a means of spending, If the money goes, that's it. And if they are also lucky enough to win some extra cash, that's also good for them. All rich people out there have their different way of reason and how they respond to gambling activity

Game could neither be strategic and could really be pure luck based on which there's a possibility on doubling up your capital or lose it all and thats gambling.If you have those kind of thoughts and feelings about doubling or basically you are aiming to make income with gambling then better to avoid and stop that kind of thinking because it would really be just making up the situation gotten more worst. Gambling could be fund and something that gives out that kind of entertainment on which this is something that never ever consider it out to be your income source
because if you do then this is where things getting messed up and this is something that would really be needing for you to stop while its still early.

[Miles2006]

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

It's likely said that the poor are into gamble with the mindset of cashing out a huge amount, then most people will say the rich gamble for fun and no hard feelings attached to their gambling life. Have seen a lot of rich men who are into gambling not because they want the money by all means but because they're an addict.
Some of them didn't have the money and wealth they're controlling now, talking about the addiction most rich men today didn't know they'll be wealthy and during that poor state they choose to gamble thinking they will earn huge amount of money, it became as an addiction and they cannot resist the urge to gamble because they're already an addict.
Talking about the percentage it's obvious that poor men gamble more than the rich men, it's very rare to see a wealthy man in the casino shop to bet, sometimes they get occupied with work.

[wheelz1200]

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?

Great question and unsure if there is any real way to find out.  I guess there are probably anonymous polls of net income vs the different gamblers.  But I wouldn't say I high volume of people gamble because they don't have enough money.  Most do it for 3 things, addiction, entertainment and the social aspect of gambling. People like being involved in social circles and the easiest way to be in one is to do what other people are gambling on.

[sompitonov]

The rich man does not rely in gambling there are still other sources that become his income, he knows how to earn money healthily without gambling games, but that's most of the rich people prefer on their business/investment to generate not from gambling.

I think that is the point he tried to make that because the rich have a stable and steady financial inflow, they may not be found gambling like the lower class. Believe it that most people who gamble do that for the additional money expected as winning reward. I think there could be some sense in that anyway but I also know that some rich do gamble especially in football betting and when they are drinking, they could lock horn in P2P gambling with friends maybe that could be for fun and superiority to show who follows football more.

Poor people who know little about gambling see it as an opportunity and try to grab onto it like a straw to a better life. What awaits most of them is not luck, but lost money and wasted time. I myself remember when I was a student and had little money, I became acquainted with gambling. And I felt very angry when I lost. Now I’m completely calm and sometimes I can bet for fun, because I understand perfectly how this industry works. With all this I want to say that gambling makes poor people even poorer, and rich owners even richer, which increases the distance between them. It would be good if the owners of this business not only paid taxes, but also doing charity for social needs, because this is very important.

You can't entirely blame the poor people in this regard, if truly they are gambling because they do not have enough funds only, why are the rich people gambling? I believe that we should be selective in the cases we comment on as the reasons can't be the same. To some, it might not be the fact that they are poor or rich but greed which I am sure affects the rich as well. But unfortunately, if you are not that rich and are gambling, people believe that it's because you do not have money and this is applicable to average people, or even below average who are contented. But it's not like that, some people might not be in need of the money and are very contented but still gamble.

This is why you mostly see the rich gamble, and it could be because they are greedy or they just like to have fun through it, so why the case of the supposedly poor people should always be different? Either way, you may not know unless they tell you personally the reason why they gamble. For this, I think it's not right to always believe the bad deeds in gambling are for the poor while completely exonerating the rich simply because they are rich.

I don't blame poor people for anything and I have no right to do so, just like everyone else. Of course, they are also different and there are some who are satisfied with their life as it is. Some are happy every day and the fact that they managed to find food for today, and if they buy a lottery ticket with a chance to change your life for the better, then this joy increases significantly. Still, it's not that bad actually.

It is still impossible to control greed, it arises on its own, but it is possible to set the direction of its flow. The rich sometimes even have greater greed than poor people, in some cases it was she who helped them become who they are, they just directed it to the right place. This is worth learning for some who haven’t thought about it.

[Betwrong]

No, I don't gamble if I don't have enough money. I only gamble if I have a extra money, I prioritize my bills first and then If I have an extra money, then I want to have fun then I play in online casinos. Nowadays it is very easy to gamble, you don't need to go to casinos to gamble. Even if you are at home you can gamble, but be sure that you are responsible and you have self control. Don't play if you don't have enough money, don't risk it in gambling.

And you are doing it right. Although I think it's possible to win a life-changing amount of money through gambling, I wouldn't recommend anyone to count on that. Gamble for fun when you have extra money, and maybe it will make you have more extra money then, who knows.

[AmoreJaz]

No, I don't gamble if I don't have enough money. I only gamble if I have a extra money, I prioritize my bills first and then If I have an extra money, then I want to have fun then I play in online casinos. Nowadays it is very easy to gamble, you don't need to go to casinos to gamble. Even if you are at home you can gamble, but be sure that you are responsible and you have self control. Don't play if you don't have enough money, don't risk it in gambling.

And you are doing it right. Although I think it's possible to win a life-changing amount of money through gambling, I wouldn't recommend anyone to count on that. Gamble for fun when you have extra money, and maybe it will make you have more extra money then, who knows.

if every gambler will stick to the mantra of just playing their extra money, they won't have the burden of debt or any financial difficulties. however, we all know that in reality, a lot of gamblers are digging their own grave to debt after debt.
on my end, i guess i am on the side of just spending extra funds and if i go beyond the limit from time to time, i know i am still on my max allowable limit.