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

[m2017]

Yes, I will see that you are right and extend because so many people that is gambling today is because they are trying to make more money for themselves and they gamble in the manner of not having sufficient money and trying to make more money.

The rich may also not have “enough money,” no matter how funny that may sound. There is never enough money and therefore, the rich may gamble to further increase their wealth. Whether this can be done in a casino is another question, because casinos are certainly not the place where people become richer. I would say even the opposite.

I have seen different kind of people that is doing the sentence in fact High chance of people that is gambling now all gambles is trying to make money because everyone intention is to make money and gambling even wants to make more money I want to be richer so that is why they gamble high

Everyone wants to make money, no need to lie here: both gamblers (whether rich or poor) and casinos. No one bets to lose, and the casino does not function to make its customers richer.

[ethereumhunter]

Yes, I will see that you are right and extend because so many people that is gambling today is because they are trying to make more money for themselves and they gamble in the manner of not having sufficient money and trying to make more money. I have seen different kind of people that is doing the sentence in fact High chance of people that is gambling now all gambles is trying to make money because everyone intention is to make money and gambling even wants to make more money I want to be richer so that is why they gamble high

When people wants to make more money from gambling, they must thinks about the right or wrong and how they can do that. They must thinks about many people already fail in the middle of that way and they should not follows that way instead search for the other ways to make money. Playing gambling is just for fun and not for make money because we are insufficient of the money. Those who thinks like that will lose their money, even they will lose all of their money without have a chance to gets their money back. The chance for people to make money from gambling is not big although some people can make money from gambling, but most people will fail and if they realizes about this, they must not trying to do that. Many people wants to becomes rich people but they must knows how to use the right way and not from gambling.

[junder]

Insufficient money will always be the problem. We staked high money, we should be doing our best to make sure these figures generates huge profits. We strive for greatness but we should also know the risks involved whenever we're in position of placing wagering in the system. Facing financial challenges will always make us shocked because we suffer for good cause.

That's the problem, I'm sure the majority of people must have experienced this. Financial problems are commonplace and not strange anymore. With the existence of gambling that says it can provide easy wins, this is a solution for some people who are desperate with their financial problems, they gamble hoping to get a win that can improve their financial situation. So they don't realize that gambling is a business that was developed to make a profit, even though there are players who win but not all players can win because I'm sure the percentage of people who win and the percentage of people who lose is more people who lose.

When they already think gambling is a solution to be able to improve their financial situation, they will not be able to see the risks that must occur such as losing money that is certain. It is unfortunate when they are like that, thinking gambling can fully help them but in the future it is only misleading. If you don't have money then the thing to do is to work to make money, not to rely entirely on gambling, as ridiculous as it sounds.

[Bitcoinsummoner]

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

I totally agree with what you said. The rich gamble less, they spend most of their time going on tours, clubbing, dancing, going on long drives with their girlfriends, mostly with girls.

Lower and middle class people are more addicted to gambling. Because greed works in them. They want to live a luxurious life like the rich. So they find shortcut ways to get rich. And on this short cut road they lost everything and became destitute.

[Natsuu]

Yes, I will see that you are right and extend because so many people that is gambling today is because they are trying to make more money for themselves and they gamble in the manner of not having sufficient money and trying to make more money. I have seen different kind of people that is doing the sentence in fact High chance of people that is gambling now all gambles is trying to make money because everyone intention is to make money and gambling even wants to make more money I want to be richer so that is why they gamble high

The volume of the lower/middle class participants may truly be higher but I guess the amount of money played by the rich people to which have lower population may be higher. Because they have bigger funds so still they have a bigger part in circulating the money in the casino. Which else to they need to participate in that, of course to still multiply their money faster.

[Mr. Magkaisa]

          -   There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

And for the rich who gamble, it seems normal for them, and they have no hard feelings even if they lose because they know that they can recover their losses because they have businesses where they can get a source of money from poor men who are not in the crowd.

[uneng]

          -   There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

These gamblers are dreamers looking for a sudden life-changer which will solve all their financial difficulties overnight, without any extra planning, effort or time consuming from their side. When gamblers try turning small amounts of money into big cash, they usually go through the lottery route, as the tickets are pretty cheap, while the prizes are huge, sometimes reaching the 7 or 8 digits (in dollar currency).

At same time, winning a huge prize like that isn't the guarantee for anything, as we have already seen many cases of gamblers who got millionaire, but ended wasting all the earned money in worthless things or ended betrayed or murdered by their partners on the process. To be a lucky jackpot winner isn't enough: management skills are also very important in order to maintain the patrimony on long run, and keep it generating sustainable income along the years. When both elements are present on the equation, then we can consider it's a real life-changer.

[MainIbem]

These gamblers are dreamers looking for a sudden life-changer which will solve all their financial difficulties overnight, without any extra planning, effort or time consuming from their side. When gamblers try turning small amounts of money into big cash, they usually go through the lottery route, as the tickets are pretty cheap, while the prizes are huge, sometimes reaching the 7 or 8 digits (in dollar currency).

Well, such thought is mostly among poor people who have nothing to fall back to that's why they feel gambling is their only option to earn a fortune. Well some have been very lucky to profit through it, I have heard of a certain guy in my area who won about 20million naira with just 600 naira but such luck does not happen everytime because since then Ii have never heard anyone winning such amount anymore so i agree with you when you said those set of people who see gambling as a life changer are dreamers. The difference between a poor and rich gambler is that a rich or wealthy gambler sees it as a form of entertainment and even when they try to make huge profit from it, they're capable of increasing their stake, while poor gamblers are those that would want to use 100 naira to make millions which is very rare in gambling. Such people are the ones who sees gambling as an opportunity to get rich.

[Gaza13]

Personally I don't because I also don't have a great financial situation in order to bet a lot of money and I'm glad I don't take loans to bet , I'm glad I don't ask my friends for money and stuff but I'm always glad when I get some free bets to place it on Esports because that is what I love to bet...Cs2 , Dota 2.

However, if you bet your dinner and your bills ...that is not a great sign at all and I can admit that once I've gambled a bit from my rent money and since then , I never did it again and never will.  

Your wise move is correct in this case. It seems like you managed to restrain yourself or took your own experience from what you did before. If we force ourselves too much to continue playing this game it will be a problem for you, especially if you take a loan from anyone, this will cause double problems in your life. This will make you sink deeper into your financial condition. It's best not to push yourself too hard if you don't have enough money to gamble.

[swogerino]

Personally I don't because I also don't have a great financial situation in order to bet a lot of money and I'm glad I don't take loans to bet , I'm glad I don't ask my friends for money and stuff but I'm always glad when I get some free bets to place it on Esports because that is what I love to bet...Cs2 , Dota 2.

However, if you bet your dinner and your bills ...that is not a great sign at all and I can admit that once I've gambled a bit from my rent money and since then , I never did it again and never will.  

Your wise move is correct in this case. It seems like you managed to restrain yourself or took your own experience from what you did before. If we force ourselves too much to continue playing this game it will be a problem for you, especially if you take a loan from anyone, this will cause double problems in your life. This will make you sink deeper into your financial condition. It's best not to push yourself too hard if you don't have enough money to gamble.

Most of the people who gamble don't have a really bad financial situation yet they are amazed by other people huge wins which in some countries those max win on a specific slot machine can be a life changing event and as such many people especially in countries with a huge population start to gamble.I have seen lately that people from India are quite some gamblers as they are filling in the chats of many reputable casinos that I use to follow and play and this is becoming more and more common,the same to people from Indonesia and that is why in most reputable casinos they let you display your cryptocurrency in Indonesian Rupees INR.

So that is the real reason why gambling starts,to follow a dream you cannot think of a way to fulfill otherwise in the short time.

[Su-asa]

          -   There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

And for the rich who gamble, it seems normal for them, and they have no hard feelings even if they lose because they know that they can recover their losses because they have businesses where they can get a source of money from poor men who are not in the crowd.

It's obvious that a lot of gamblers are already aware that the risk in gamble is higher than the luck in gamble. Some gambler have gambled for months and they haven't yet win any money but few gamblers have gamble even in their first try in gambe, they still win some good money that can make them to gamble next time. The rich gamblers doesn't feel bad when they lose because their emotions is not set on those kind of money, and even if they win from gamble they will still gamble the money back to the casino, so I think that the rich gamblers are just gambling for entertainments.

[Blitzboy]

Insufficient money will always be the problem. We staked high money, we should be doing our best to make sure these figures generates huge profits. We strive for greatness but we should also know the risks involved whenever we're in position of placing wagering in the system. Facing financial challenges will always make us shocked because we suffer for good cause.

That's the problem, I'm sure the majority of people must have experienced this. Financial problems are commonplace and not strange anymore. With the existence of gambling that says it can provide easy wins, this is a solution for some people who are desperate with their financial problems, they gamble hoping to get a win that can improve their financial situation. So they don't realize that gambling is a business that was developed to make a profit, even though there are players who win but not all players can win because I'm sure the percentage of people who win and the percentage of people who lose is more people who lose.

When they already think gambling is a solution to be able to improve their financial situation, they will not be able to see the risks that must occur such as losing money that is certain. It is unfortunate when they are like that, thinking gambling can fully help them but in the future it is only misleading. If you don't have money then the thing to do is to work to make money, not to rely entirely on gambling, as ridiculous as it sounds.

Desperate people sometimes think wild ideas are their only way out. But gaming as a financial lifeboat? Man, thats dangerous thinking. Not how things operate. Casinos and bookies arent charitable. The system encourages long-term loss. Its math, not luck. I understand the excitement and hope. But trying to beat the odds is dumb. We must be honest with ourselves and others. Hard labor and sensible money habits lead to stability. We need education and understanding... Instead than wasting money on a delusion, develop something lasting.

[Rabata]

          -   There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

And for the rich who gamble, it seems normal for them, and they have no hard feelings even if they lose because they know that they can recover their losses because they have businesses where they can get a source of money from poor men who are not in the crowd.

It's obvious that a lot of gamblers are already aware that the risk in gamble is higher than the luck in gamble. Some gambler have gambled for months and they haven't yet win any money but few gamblers have gamble even in their first try in gambe, they still win some good money that can make them to gamble next time. The rich gamblers doesn't feel bad when they lose because their emotions is not set on those kind of money, and even if they win from gamble they will still gamble the money back to the casino, so I think that the rich gamblers are just gambling for entertainments.

The general purpose of gambling is to earn money by gambling.  If a rich man could be lured into gambling by the lure of money, then all the rich would gamble. I can definitely say that a poor gambler is more attracted to gambling than a rich gambler. The poor gambler tries to change his financial situation by winning from there. Moreover, the reality is that those who need money dream big and act accordingly. But a rich person only thinks of gambling as fun. Even if he loses money, he will not worry about it. But in some cases it may be wrong. Because there are some people who try to find different ways to win more.

[Su-asa]

          -   There are other gamblers who actually gamble because they are hoping to get lucky gambling with the small amount they have. Many such gamblers just grow a small amount of gambling and then hope it will grow in a short period of time because of the luck they are looking forward to.

And for the rich who gamble, it seems normal for them, and they have no hard feelings even if they lose because they know that they can recover their losses because they have businesses where they can get a source of money from poor men who are not in the crowd.

It's obvious that a lot of gamblers are already aware that the risk in gamble is higher than the luck in gamble. Some gambler have gambled for months and they haven't yet win any money but few gamblers have gamble even in their first try in gambe, they still win some good money that can make them to gamble next time. The rich gamblers doesn't feel bad when they lose because their emotions is not set on those kind of money, and even if they win from gamble they will still gamble the money back to the casino, so I think that the rich gamblers are just gambling for entertainments.

The general purpose of gambling is to earn money by gambling.  If a rich man could be lured into gambling by the lure of money, then all the rich would gamble. I can definitely say that a poor gambler is more attracted to gambling than a rich gambler. The poor gambler tries to change his financial situation by winning from there. Moreover, the reality is that those who need money dream big and act accordingly. But a rich person only thinks of gambling as fun. Even if he loses money, he will not worry about it. But in some cases it may be wrong. Because there are some people who try to find different ways to win more.

Well am not saying you aren't correct of what you are saying but I think it's very obvious that the rich gamblers are not gambling because they want to earn more money. Before someone is rich we should know that they have a good business and investment, to sum all in total, let's say they have a good or quality assets that worth good money. So I don't expect us to believe that they are gambling because they want to make money from gamble. It's only the poor and middle class earners that only gamble to earn money. How to see a dude that earns 200$ per month gamble for fun? They only gamble because they needed more money.

[hyudien]

The general purpose of gambling is to earn money by gambling.  If a rich man could be lured into gambling by the lure of money, then all the rich would gamble. I can definitely say that a poor gambler is more attracted to gambling than a rich gambler. The poor gambler tries to change his financial situation by winning from there. Moreover, the reality is that those who need money dream big and act accordingly. But a rich person only thinks of gambling as fun. Even if he loses money, he will not worry about it. But in some cases it may be wrong. Because there are some people who try to find different ways to win more.

It has become the main goal of many gamblers, because indeed most gamblers definitely want the benefits obtained by gambling. I agree with you, poor people are definitely more interested in gambling because indeed with the opportunity to be able to get an easy win it makes them think that they can get benefits by gambling even using small capital, but in reality it is not easy to get a win. Rich people may not be easily attracted to gambling but that does not rule out the possibility that they are not interested, even though they have a lot of money there are rich people who are addicted to gambling until they experience bankruptcy by losing the amount of money they bet.
The possibility of rich people gambling is just for fun, when the gambling they do ends in a losing session maybe they don't mind it, unlike poor people whose goal is to make money, maybe gambling that ends in defeat they will be upset because they don't get the expected winnings.

[Accardo]

The general purpose of gambling is to earn money by gambling.  If a rich man could be lured into gambling by the lure of money, then all the rich would gamble. I can definitely say that a poor gambler is more attracted to gambling than a rich gambler. The poor gambler tries to change his financial situation by winning from there. Moreover, the reality is that those who need money dream big and act accordingly. But a rich person only thinks of gambling as fun. Even if he loses money, he will not worry about it. But in some cases it may be wrong. Because there are some people who try to find different ways to win more.

It has become the main goal of many gamblers, because indeed most gamblers definitely want the benefits obtained by gambling. I agree with you, poor people are definitely more interested in gambling because indeed with the opportunity to be able to get an easy win it makes them think that they can get benefits by gambling even using small capital, but in reality it is not easy to get a win. Rich people may not be easily attracted to gambling but that does not rule out the possibility that they are not interested, even though they have a lot of money there are rich people who are addicted to gambling until they experience bankruptcy by losing the amount of money they bet.
The possibility of rich people gambling is just for fun, when the gambling they do ends in a losing session maybe they don't mind it, unlike poor people whose goal is to make money, maybe gambling that ends in defeat they will be upset because they don't get the expected winnings.

First off, rich people also need more money to cover for their expenses. Hence, it's not purely known that every rich gambler is gambling for fun alone. Most rich players also are after the funds just like the low income players. Every gambler makes money somehow, as gambling is not a free game. The only difference is the size and how the income falls in. Hence, gamblers who have more money because they're gamblers can develop greed in them. They're some amount of money that will affect a gambler to think that he wants more, despite having enough with him. it's not a simple thing to control those impulses that pushes high rollers around to wager big and expect bigger ones.

Those with enough money can develop problems from such a gambling process. Because it causes more consistency than any other method. Gamblers are expected to minimize how they wager money. Regardless of how much they've got in their bank roll. The rich players are also vulnerable to addiction. Gamblers who wager for fun could have a high number in the rich classes compared to the low income earners. As a lot of them are into the game for quicker wins. Which is the most reason lots of people into compulsive gambling are from the low income earners.

[virasog]

I think nobody understands this better than you do and I don't think anyone would have explain better than you have explained. I don't want to go by the statistics but many people here gamble because they want to print money from gambling platforms but we have people that are actually have the money and would just bet if they can also win something but they are not as desperate like the majority that are not ready to lose the small they have.

Is it that the the gamblers want to print money from the gambling platforms or does more truth lies in that statement that it is the gambling platforms that may print more money from the gamblers themselves? New gamblers may think that gambling is a money making activity but the time they realize that it is not, they have lost a lot of their money in gambling.

The rich gamble to win but they aren't always as desperate like the poor people but that doesn't mean everyone is not looking for the money in gambling, any time people I hear people saying they gamble for fun it makes me laugh because I think they are just hidding their inner mind as that's not their true intentions.

If only one is disciplined in gambling, he will not only enjoy the game but at the same time make money too. But if anyone jumps in gambling thinking he will take risks, he is bound to lose. You cannot survive in gambling unless you have a complete risk management plan with you. Some people ask if anyone can share the risk/money management plan but it is different for everyone as how much portfolio one is willing to gamble and how he is going to manage the risk depends upon ones homework.
You can gamble with more money or less money but point is not lose that money.  

[junder]

If only one is disciplined in gambling, he will not only enjoy the game but at the same time make money too. But if anyone jumps in gambling thinking he will take risks, he is bound to lose. You cannot survive in gambling unless you have a complete risk management plan with you. Some people ask if anyone can share the risk/money management plan but it is different for everyone as how much portfolio one is willing to gamble and how he is going to manage the risk depends upon ones homework.
You can gamble with more money or less money but point is not lose that money.  

Gambling responsibly is a must because in order to avoid unwanted things such as gambling addiction or the adverse effects of gambling addiction, one of the responsible gambling actions is discipline, if we like gambling then we should be disciplined in gambling such as with the budget allocated to gambling or with gambling time. But I don't think even being disciplined in gambling guarantees that you will win, winning at gambling is based on luck. I think discipline is only a way for us to prevent the adverse effects of gambling addiction. Not a way to win.

If we are disciplined in gambling, we should have a limit on the budget, not gambling with a lot of money. Balancing the money earned and the money to be gambled, also in my opinion do not gamble to make money because the profit in gambling is uncertain.

[taufik123]

If only one is disciplined in gambling, he will not only enjoy the game but at the same time make money too. But if anyone jumps in gambling thinking he will take risks, he is bound to lose. You cannot survive in gambling unless you have a complete risk management plan with you. Some people ask if anyone can share the risk/money management plan but it is different for everyone as how much portfolio one is willing to gamble and how he is going to manage the risk depends upon ones homework.
You can gamble with more money or less money but point is not lose that money.  

Only professionals in gambling will do the planning and risk management because they already know what they have to do.
Unlike a beginner who just simply gets into gambling and hopes he will get a big win with the money he bets.

Everyone does have their own plans and strategies, but it also depends on how they execute correctly in each bet or game that is being done.

Whatever money is used for gambling, the goal will be the same: to double it.
Depending on how each gambler manages how much is used, Losing or making a profit it depends on how to do the bet and the game and then according to luck.

[Zigabel]

Well am not saying you aren't correct of what you are saying but I think it's very obvious that the rich gamblers are not gambling because they want to earn more money. Before someone is rich we should know that they have a good business and investment, to sum all in total, let's say they have a good or quality assets that worth good money. So I don't expect us to believe that they are gambling because they want to make money from gamble. It's only the poor and middle class earners that only gamble to earn money. How to see a dude that earns 200$ per month gamble for fun? They only gamble because they needed more money.

You are most certainly correct, someone earning as little as $200 a month will most definitely look for a different form of fun a.d not gambling because at his level gambling can be seen as an expensive fun so they are definitely not going to have such fun just to loose fromt the little they have got meanwhile they can actually get to make money off it if they are very judicious and careful with it, like you actually did mentioned, the rich are the only once who can gamble just to have fun because even if they loose their funds they will not get to feel it very well.

Defining the kind of rich you were referring to too was aswell a good one because only a few are rich to that point and still gamble meanwhile some other which are considered rich and gambling may not actually have good investments which they can always fall back to.