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Author Topic: Why the rich win gambling more than the poor.  (Read 3114 times)
klidex
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December 29, 2023, 04:24:34 AM
 #421

The rich people source of income are not gambling, they are only having fun with gambling, but the poor are not having fun with gambling but to to win is what they want. Which means the rich people are not desperate when it comes to gambling unlike the poor that want to hit a jackpot.
Rich people wins big amount of money if they put their big bet and win.  But they don't mind if they will win or not cause all they want is to have fun in gambling they don't take gambling seriously aiming for profits. And yes we can not deny the fact that Rich people will win big amounts but we must also remember that they will loss bigger amounts too. While poor gambler all they want is to win in order to put again their bet .
There is no doubt that rich people can win a lot of money if they gamble because they can place big bets. Meanwhile, poor people who only place small bets will not be able to win as much money as rich people. We should not be jealous of rich people who can win a lot of money because that is the difference between us and them. The important thing is that we don't take gambling too seriously and just as entertainment so that we don't experience big losses. We must be wise in approaching gambling so we can gamble comfortably even if we can't win today. There are still many other days for us to gamble, and we might also win. And as long as we can limit ourselves to gambling, we will be fine.
That's the difference between rich people and poor people, rich people don't really think about the risk of losing even if they bet large amounts because their goal is to seek pleasure and even if they win they don't care and will continue to use their money to gamble again and again, and for poor people they thinking too much about the risk of losing because what is in their mind is that if they lose then they can't continue the game and their hopes of winning have been dashed. Poor people definitely share their money so that tomorrow they can gamble again so they don't just finish one session because sometimes if it's today If you haven't had any luck, maybe you'll be lucky the next day. But luck still cannot be used as a benchmark that gambling can turn poor people into rich people in an instant.

We should not be jealous even though rich people win bigger bets because basically they spend a lot of money to gamble, even if they can win it is no more than the losses they have incurred so we have to be able to accept whatever our conditions are because the most important thing is that we can enjoy gambling happily.

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December 29, 2023, 01:14:34 PM
 #422

I believe rich winning more is not only about budget. Budget may influence amount of money you are winning through gambling but it will not increase how many games you are winning. In my opinion rich has very relaxed and also wise take on money so they are open to different schemes with their money. Poor people mostly worry about money they lose so gambling can be very scary for them. Rich people know it lot better in summary. Rich mindset should definitely be understood.

It seems that what you mean is that the large amount of money that rich people have has absolutely no effect on winning in gambling, or it means that it does not have a big chance to get closer to luck. Hmm yes maybe that makes a little sense with the calm situation that the rich have it is possible to make them a wise gambler in their involvement because losing is not a big deal for people who already have a lot of money so maybe it creates a pretty good luck.

As we know that gambling always involves feelings and emotions that are within and when you experience bad things there and then you can't accept it then obviously things out of control are very likely for you to do because of the inability to accept reality which of course makes you do more trials and indirectly defeat increasingly dominate because luck will not always come according to what you want and that behavior is usually done by poor people who on average come to earn. I admit that calmness is quite influential, but in my opinion it is more of a precautionary measure and not necessarily an effect on increasing the chances of winning, doesn't it make sense? because obviously for the problem of winning no matter how calm your situation is, it all depends on how lucky you are at that time.

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December 29, 2023, 01:39:45 PM
 #423

~snip~
It is a common thing that rich people gamble more and because they have enough money, they continue to gamble for a long time, so their win and loss are more. The more you gamble the more you win and the more you lose. And rich people have a great desire to own a lot of money and they are not afraid of loss. As the saying goes no risk no gain. So the more risk you take, the higher your win will be. And the rich have the ability to take that risk so they win more than the poor
Rich people better make money from their businesses and not from gambling because it will not be easy even for those rich people. They only use a certain amount of money to gamble without expecting to win, but if they win, they win a lot because the betting money is also large. But on the other hand, if they lose, they will lose a lot of money. Rich people can gamble with a lot of money and maybe longer than most gamblers, but they realize that gambling is just entertainment, so they don't gamble for too long. They prefer to work from their business to make money because it has been proven that they can make much money. Rich people also don't take too big a risk in gambling. If they have had enough of gambling, they will immediately stop gambling, rest for a while, and then go home.

~snip~
That's the difference between rich people and poor people, rich people don't really think about the risk of losing even if they bet large amounts because their goal is to seek pleasure and even if they win they don't care and will continue to use their money to gamble again and again, and for poor people they thinking too much about the risk of losing because what is in their mind is that if they lose then they can't continue the game and their hopes of winning have been dashed. Poor people definitely share their money so that tomorrow they can gamble again so they don't just finish one session because sometimes if it's today If you haven't had any luck, maybe you'll be lucky the next day. But luck still cannot be used as a benchmark that gambling can turn poor people into rich people in an instant.

We should not be jealous even though rich people win bigger bets because basically they spend a lot of money to gamble, even if they can win it is no more than the losses they have incurred so we have to be able to accept whatever our conditions are because the most important thing is that we can enjoy gambling happily.
Rich people's goal in gambling is to have fun and entertainment, so they don't think about winning and losing. They can accept the results and leave immediately after finishing gambling, but that is not what happens to poor people because poor people will continue to try to gamble because they still hope to win in the next round. This is what makes many people fall into gambling, and it is difficult to get out of gambling because their mindset does not change even after suffering a lot of losses. We shouldn't be like that and avoid it because we have little money to gamble. There are indeed people who can get rich from gambling, but it's not many, so we don't need to think about it too seriously.

That's where we must be wise in gambling and not gamble too often. We cannot equate ourselves with rich people with much money to gamble. That's why we must limit ourselves to gambling so we don't lose much.

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December 29, 2023, 07:53:57 PM
 #424

Gambling is never the game of the rich winning more than the poor is the game of how lucky the player is and how far the player can go. We need to face the fact most people on the internet only share something they want the public to know about them.
A rich person may post how he/she won millions through a game but he/she will never tell or show the times he lost before the winning and the huge fund wasted along the line.

True, at the end of the day rich and poor have both the same odds, and there is also usually a maximum bet anyway in games.

The difference might be that the rich have more disposable income, so they can lose more money, and therefore their wins might seen higher in comparison (but also their losses).

As usual, gamblers only talk about their wins, so with the rich ones being larger, they attract more attention.

But in the end, most gamblers, rich and poor, end up with losses in the end. The rich just losses more.
Yes, both poor and rich folks have the same odds and the difference is the disposable income of the rich but the rich always get the best benefit (either in cash or in fee game)from the casino base their high-roller. This reminds me of how I was able to win 1000x on a casino through their free spin slot game.

Gambling is never the game of the rich winning more than the poor is the game of how lucky the player is and how far the player can go. We need to face the fact most people on the internet only share something they want the public to know about them.
A rich person may post how he/she won millions through a game but he/she will never tell or show the times he lost before the winning and the huge fund wasted along the line.

Gambling is for all, just as you've said already, this is not what the rich only have the right to enjoy doing because they have the money to use for it, base on my own understanding, i think the average people gambles most because they have the time and money to use for gambling, we may class the rich as people who sone of them don't even have time for gambling just the way other people do, we all have equal chances for winning when we are gambling and none is more favourable than the other between the poor gamblers and the rich ones, everyone is doing the same, what makes the difference is in what we know and how we have the understanding in what we do while gambling.
Gambling is not for all. It's for only the people who understand how to play, the rules and regulations of the game.
Every individual who doesn't understand the rules and regulations of gambling has already lost the game before he/she plays.
Having said that, despite the busy level of the rich, their enthusiasm level for gambling is what will determine how they find time to gamble and the rich are always more favorable by casinos than the poor due to the casino loyalty program which is always based on each players bet history fund.

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December 29, 2023, 08:10:47 PM
 #425

Gambling is never the game of the rich winning more than the poor is the game of how lucky the player is and how far the player can go. We need to face the fact most people on the internet only share something they want the public to know about them.
A rich person may post how he/she won millions through a game but he/she will never tell or show the times he lost before the winning and the huge fund wasted along the line.

Gambling is for all, just as you've said already, this is not what the rich only have the right to enjoy doing because they have the money to use for it, base on my own understanding, i think the average people gambles most because they have the time and money to use for gambling, we may class the rich as people who sone of them don't even have time for gambling just the way other people do, we all have equal chances for winning when we are gambling and none is more favourable than the other between the poor gamblers and the rich ones, everyone is doing the same, what makes the difference is in what we know and how we have the understanding in what we do while gambling.
Gambling is not for all. It's for only the people who understand how to play, the rules and regulations of the game.
Every individual who doesn't understand the rules and regulations of gambling has already lost the game before he/she plays.
Having said that, despite the busy level of the rich, their enthusiasm level for gambling is what will determine how they find time to gamble and the rich are always more favorable by casinos than the poor due to the casino loyalty program which is always based on each players bet history fund.

True, gambling is only recommended for those who have full responsibility for everything that will happen to the money they bring, especially losing, the ability to accept risk is a trait that must be possessed by gamblers who can also be called responsible gamblers, understanding how to play, knowing the concept of gambling and also knowing or understanding how luck works is something that gamblers must have before they finally get involved. Because it is clear that in gambling there are so many things that look tempting that things like that can really affect the mindset of gamblers, which in the end if they are influenced, they will usually get lost and end up with addiction.

Of course from most gamblers it is clear as you said that casinos prefer rich people because they have more power in terms of allocating money to bet compared to poor people who only bring a small amount of funds, but in terms of service and game probabilities I think everything is the same whether you are rich or miskins.

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December 29, 2023, 08:18:40 PM
 #426

I have observed that the rich, I mean those who are financially comfortable, win more in gambling than the poor. By poor, I mean those who do not have enough to meet all their needs. I don't know the reason for this. Could it be that the rich understand financial management more? Or could it be that the rich are less desperate to win which make them make better gambling decision? I really want to know the reason for this pattern I have observed.

One of the reasons for this is greed. For example, a high roller is a rich man who starts betting with a $1k balance and starts betting with 50-100 USDT. Most of the time they can make money 1200-1300 with some common odds (2x). and it's enough for them to stop playing.

On the other hand, poor people start betting with 50 USD for example, and try to make a profit like 200-300. which is 4-6x the initial deposit. which is very hard to achieve without a nice multiplier. To achieve this nice multiplier they lost even after winning a good amount.

Another reason is rich people do gambling a fun. Looks like they don't care about the money they playing with. And yes when you don't care about money and play like crazy there is a nice chance to win big what you can not understand how you won this Smiley

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December 29, 2023, 08:27:55 PM
 #427

~Snip
One of the reasons for this is greed. For example, a high roller is a rich man who starts betting with a $1k balance and starts betting with 50-100 USDT. Most of the time they can make money 1200-1300 with some common odds (2x). and it's enough for them to stop playing.

On the other hand, poor people start betting with 50 USD for example, and try to make a profit like 200-300. which is 4-6x the initial deposit. which is very hard to achieve without a nice multiplier. To achieve this nice multiplier they lost even after winning a good amount.
I agree with the reasons above, it makes sense in my opinion.

Another reason is rich people do gambling a fun. Looks like they don't care about the money they playing with. And yes when you don't care about money and play like crazy there is a nice chance to win big what you can not understand how you won this Smiley
Not caring about winning or losing is a characteristic of gamblers who do not use gambling as a source of income at all. For them, gambling is something that is fun and entertains themselves from the stress of work or other things, so they can bet regardless of winning or losing and stop whenever they want.

Rich gamblers can win bigger bets than poor gamblers. They can bet on anything they like, including sports betting. They can bet $10k on a single game and win $5k in return at odds of 1.5, so the difference is very clear to poor gamblers.

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December 29, 2023, 08:36:20 PM
 #428

I believe rich winning more is not only about budget. Budget may influence amount of money you are winning through gambling but it will not increase how many games you are winning. In my opinion rich has very relaxed and also wise take on money so they are open to different schemes with their money. Poor people mostly worry about money they lose so gambling can be very scary for them. Rich people know it lot better in summary. Rich mindset should definitely be understood.

It seems that what you mean is that the large amount of money that rich people have has absolutely no effect on winning in gambling, or it means that it does not have a big chance to get closer to luck. Hmm yes maybe that makes a little sense with the calm situation that the rich have it is possible to make them a wise gambler in their involvement because losing is not a big deal for people who already have a lot of money so maybe it creates a pretty good luck.

As we know that gambling always involves feelings and emotions that are within and when you experience bad things there and then you can't accept it then obviously things out of control are very likely for you to do because of the inability to accept reality which of course makes you do more trials and indirectly defeat increasingly dominate because luck will not always come according to what you want and that behavior is usually done by poor people who on average come to earn. I admit that calmness is quite influential, but in my opinion it is more of a precautionary measure and not necessarily an effect on increasing the chances of winning, doesn't it make sense? because obviously for the problem of winning no matter how calm your situation is, it all depends on how lucky you are at that time.

Acknowledging the fact that the rich may possess better decision skills than the poor is fine, but not all would be able to perform well in gambling. Pierre2 in this response may have meant that due to the money the rich possess they are more relaxed while gambling than the poor. Because the rich have less reason to worry about money like a low roller would in his gambling journey. These few instances or differences are enough to justify the fact that high rollers have some advantages over low rollers. But it does not apply to all rich gamblers. In the years of gambling and reading articles relating to gambling, we've also seen some rich people who made huge losses that were enough to affect their net worth. Gamblers sold properties, just to gamble. I think the higher the bankroll of a gambler, his choices increase as well, thereby exposing him to a greater risk than the low roller. So the effect of gambling still works on everybody regardless of their monetary status.

The emotions as you mentioned, Nara, as humans we all can't escape them, that's why some rich gamblers don't control themselves too and put in more amount of money to secure a bigger reward capable of covering all their losses. However, it's certain, that gamblers who are experienced and have good strategies differ in this gambling application. One wouldn't compare an experienced high roller's wins to that of an experienced low roller's reward. This is where the changes of reward may matter, as the stakes now count. A lot of experienced rich gamblers bank lots of profits in one win, although it may not cover all their losses, it's like a nitro to keep them moving and motivate the gambler to perform better.  Therefore, the rich win more in cash than the low rollers. Both parties spend money, and that may not be accounted for in this comparison. No need to look at how much money the rich person has lost or the low roller. But, once in a while, the low roller could win a big amount of money that'll be big enough to compare to the high roller's profit.

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December 29, 2023, 10:59:55 PM
 #429

I have observed that the rich, I mean those who are financially comfortable, win more in gambling than the poor. By poor, I mean those who do not have enough to meet all their needs. I don't know the reason for this. Could it be that the rich understand financial management more? Or could it be that the rich are less desperate to win which make them make better gambling decision? I really want to know the reason for this pattern I have observed.

One of the reasons for this is greed. For example, a high roller is a rich man who starts betting with a $1k balance and starts betting with 50-100 USDT. Most of the time they can make money 1200-1300 with some common odds (2x). and it's enough for them to stop playing.

On the other hand, poor people start betting with 50 USD for example, and try to make a profit like 200-300. which is 4-6x the initial deposit. which is very hard to achieve without a nice multiplier. To achieve this nice multiplier they lost even after winning a good amount.

Another reason is rich people do gambling a fun. Looks like they don't care about the money they playing with. And yes when you don't care about money and play like crazy there is a nice chance to win big what you can not understand how you won this Smiley
You cant tell that those rich people who do play gambling just for fun on which there would be still those fellas who do come after for huge winning.It is really just that rich people does have the advantage compared to those who are poor on which in terms of bankroll or financial capacity then they could really be able to apply different strategies since they do have that broader capital on which they could be able to apply various methods and ways on which they could be able to have chance about recovery of those losses on which we know that it would really be that hard if ever we do reflect it out
into those people who are really that having those small capital or bankroll that they do have. Once they lost then it would be completely game over.

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December 30, 2023, 05:09:12 AM
 #430

~snip~
Acknowledging the fact that the rich may possess better decision skills than the poor is fine, but not all would be able to perform well in gambling. Pierre2 in this response may have meant that due to the money the rich possess they are more relaxed while gambling than the poor. Because the rich have less reason to worry about money like a low roller would in his gambling journey. These few instances or differences are enough to justify the fact that high rollers have some advantages over low rollers. But it does not apply to all rich gamblers. In the years of gambling and reading articles relating to gambling, we've also seen some rich people who made huge losses that were enough to affect their net worth. Gamblers sold properties, just to gamble. I think the higher the bankroll of a gambler, his choices increase as well, thereby exposing him to a greater risk than the low roller. So the effect of gambling still works on everybody regardless of their monetary status.

The emotions as you mentioned, Nara, as humans we all can't escape them, that's why some rich gamblers don't control themselves too and put in more amount of money to secure a bigger reward capable of covering all their losses. However, it's certain, that gamblers who are experienced and have good strategies differ in this gambling application. One wouldn't compare an experienced high roller's wins to that of an experienced low roller's reward. This is where the changes of reward may matter, as the stakes now count. A lot of experienced rich gamblers bank lots of profits in one win, although it may not cover all their losses, it's like a nitro to keep them moving and motivate the gambler to perform better.  Therefore, the rich win more in cash than the low rollers. Both parties spend money, and that may not be accounted for in this comparison. No need to look at how much money the rich person has lost or the low roller. But, once in a while, the low roller could win a big amount of money that'll be big enough to compare to the high roller's profit.

Rich people are not suddenly more skilled at gambling.

When gambling everyone has the same odds, rich or poor. The thing is that the rich might have more disposable income, so they can lose more.

And the poor person might end up in financial ruin faster than the rich. But that's all, the odds are the same for both.

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December 30, 2023, 05:16:13 AM
 #431

~snip~
Acknowledging the fact that the rich may possess better decision skills than the poor is fine, but not all would be able to perform well in gambling. Pierre2 in this response may have meant that due to the money the rich possess they are more relaxed while gambling than the poor. Because the rich have less reason to worry about money like a low roller would in his gambling journey. These few instances or differences are enough to justify the fact that high rollers have some advantages over low rollers. But it does not apply to all rich gamblers. In the years of gambling and reading articles relating to gambling, we've also seen some rich people who made huge losses that were enough to affect their net worth. Gamblers sold properties, just to gamble. I think the higher the bankroll of a gambler, his choices increase as well, thereby exposing him to a greater risk than the low roller. So the effect of gambling still works on everybody regardless of their monetary status.

The emotions as you mentioned, Nara, as humans we all can't escape them, that's why some rich gamblers don't control themselves too and put in more amount of money to secure a bigger reward capable of covering all their losses. However, it's certain, that gamblers who are experienced and have good strategies differ in this gambling application. One wouldn't compare an experienced high roller's wins to that of an experienced low roller's reward. This is where the changes of reward may matter, as the stakes now count. A lot of experienced rich gamblers bank lots of profits in one win, although it may not cover all their losses, it's like a nitro to keep them moving and motivate the gambler to perform better.  Therefore, the rich win more in cash than the low rollers. Both parties spend money, and that may not be accounted for in this comparison. No need to look at how much money the rich person has lost or the low roller. But, once in a while, the low roller could win a big amount of money that'll be big enough to compare to the high roller's profit.

Rich people are not suddenly more skilled at gambling.

When gambling everyone has the same odds, rich or poor. The thing is that the rich might have more disposable income, so they can lose more.

And the poor person might end up in financial ruin faster than the rich. But that's all, the odds are the same for both.

rich people may have the opportunity to play and bet longer than those with less capital. people may think the more we bet, the more we will get a greater chance of winning. that's what makes the opinion that rich people have a greater chance of winning.
in reality, luck can't be like that. some win with just a few bets, and some keep losing even though they spend many rounds. so everything depends on our luck.









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December 30, 2023, 05:27:46 AM
 #432

I have observed that the rich, I mean those who are financially comfortable, win more in gambling than the poor. By poor, I mean those who do not have enough to meet all their needs. I don't know the reason for this. Could it be that the rich understand financial management more? Or could it be that the rich are less desperate to win which make them make better gambling decision? I really want to know the reason for this pattern I have observed.

One of the reasons for this is greed. For example, a high roller is a rich man who starts betting with a $1k balance and starts betting with 50-100 USDT. Most of the time they can make money 1200-1300 with some common odds (2x). and it's enough for them to stop playing.

On the other hand, poor people start betting with 50 USD for example, and try to make a profit like 200-300. which is 4-6x the initial deposit. which is very hard to achieve without a nice multiplier. To achieve this nice multiplier they lost even after winning a good amount.

Another reason is rich people do gambling a fun. Looks like they don't care about the money they playing with. And yes when you don't care about money and play like crazy there is a nice chance to win big what you can not understand how you won this Smiley
Your points here are certainly valid. Who are wealthy bettors do not need to gamble all day. If you make a big bet i.e. $2k or $3k you can get good returns. But it cannot be done in favor of a poor bettor. But the greed to get more with less money works more in those poor gamblers so we see poor gamblers lose their money. If a rich gambler loses a bet he can fund and start gambling again but a poor gambler cannot. Another plus point for rich gamblers is that they don't need to participate in high stakes. But those with less capital do more wagering to grow money and don't have money when they need it.

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December 30, 2023, 05:35:31 AM
 #433

One of the reasons for this is greed. For example, a high roller is a rich man who starts betting with a $1k balance and starts betting with 50-100 USDT. Most of the time they can make money 1200-1300 with some common odds (2x). and it's enough for them to stop playing.

On the other hand, poor people start betting with 50 USD for example, and try to make a profit like 200-300. which is 4-6x the initial deposit. which is very hard to achieve without a nice multiplier. To achieve this nice multiplier they lost even after winning a good amount.

Another reason is rich people do gambling a fun. Looks like they don't care about the money they playing with. And yes when you don't care about money and play like crazy there is a nice chance to win big what you can not understand how you won this Smiley
I just wanted to write about this, but you beat me to it. )) Happenes.

Here you are absolutely right. A rich person does not attach as much importance to money in gambling as a poor person does. He can take many more risks, raising the stakes. Those who have little money cannot afford this. To understand in more detail what we are talking about, just watch various online streams. You can notice a lot of interesting things for yourself. I used to watch people playing slots almost every day, but then I got tired of it and now sometimes I play myself.

Кpиптo пpecтyплeния, coвepшeнныe в PФ.
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December 30, 2023, 05:39:59 AM
 #434

The rich people source of income are not gambling, they are only having fun with gambling, but the poor are not having fun with gambling but to to win is what they want. Which means the rich people are not desperate when it comes to gambling unlike the poor that want to hit a jackpot.
Rich people wins big amount of money if they put their big bet and win.  But they don't mind if they will win or not cause all they want is to have fun in gambling they don't take gambling seriously aiming for profits. And yes we can not deny the fact that Rich people will win big amounts but we must also remember that they will loss bigger amounts too. While poor gambler all they want is to win in order to put again their bet .
No one can predict who will win in gambling. But rich people gamble more and sometimes they win and sometimes they lose.  Gambling has to lose all the money sometimes. There is a lot of difference between rich people and poor people in gambling like a rich person will dare to take big risk. A poor person will think many times to take big risk.


It actually happened you can see that rich win more then poor. Some poor win a lot but sometimes rich winning rate is more then poor because they have more money then rich and they can take risk more then poor. That taking risk helps more to win. They can take big risk after lose they can afford it but poor gambler has limited money and they can't take big risk and they can't afford it. That's the reason rich win win earn more then poor
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December 30, 2023, 06:19:06 AM
 #435

It actually happened you can see that rich win more then poor. Some poor win a lot but sometimes rich winning rate is more then poor because they have more money then rich and they can take risk more then poor. That taking risk helps more to win. They can take big risk after lose they can afford it but poor gambler has limited money and they can't take big risk and they can't afford it. That's the reason rich win win earn more then poor
Indeed, the whole point is that only wealthy people can afford to take more risks in this life. For poor and needy people, this feature is not available by default. They try, on the contrary, to avoid such situations. As a result, nothing useful will ever come of them. I caught myself thinking this way when I see that I can’t afford to increase the rate or anything else.

Maybe then the best option for the poor would be not to gamble at all? This will at least save them from total ruin and large debts, from which they will have to get out for years, if not their entire lives. I have quite a lot of such friends. They do not realize that all this debt money will sooner or later need to be repaid. There is no escape or escape from this.

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December 30, 2023, 07:35:26 AM
 #436

~snip~
Acknowledging the fact that the rich may possess better decision skills than the poor is fine, but not all would be able to perform well in gambling. Pierre2 in this response may have meant that due to the money the rich possess they are more relaxed while gambling than the poor. Because the rich have less reason to worry about money like a low roller would in his gambling journey. These few instances or differences are enough to justify the fact that high rollers have some advantages over low rollers. But it does not apply to all rich gamblers. In the years of gambling and reading articles relating to gambling, we've also seen some rich people who made huge losses that were enough to affect their net worth. Gamblers sold properties, just to gamble. I think the higher the bankroll of a gambler, his choices increase as well, thereby exposing him to a greater risk than the low roller. So the effect of gambling still works on everybody regardless of their monetary status.

The emotions as you mentioned, Nara, as humans we all can't escape them, that's why some rich gamblers don't control themselves too and put in more amount of money to secure a bigger reward capable of covering all their losses. However, it's certain, that gamblers who are experienced and have good strategies differ in this gambling application. One wouldn't compare an experienced high roller's wins to that of an experienced low roller's reward. This is where the changes of reward may matter, as the stakes now count. A lot of experienced rich gamblers bank lots of profits in one win, although it may not cover all their losses, it's like a nitro to keep them moving and motivate the gambler to perform better.  Therefore, the rich win more in cash than the low rollers. Both parties spend money, and that may not be accounted for in this comparison. No need to look at how much money the rich person has lost or the low roller. But, once in a while, the low roller could win a big amount of money that'll be big enough to compare to the high roller's profit.

Rich people are not suddenly more skilled at gambling.

When gambling everyone has the same odds, rich or poor. The thing is that the rich might have more disposable income, so they can lose more.

And the poor person might end up in financial ruin faster than the rich. But that's all, the odds are the same for both.

rich people may have the opportunity to play and bet longer than those with less capital. people may think the more we bet, the more we will get a greater chance of winning. that's what makes the opinion that rich people have a greater chance of winning.
in reality, luck can't be like that. some win with just a few bets, and some keep losing even though they spend many rounds. so everything depends on our luck.

Sure it depends on luck, and it's different per gambler. Some gamblers may not know their actions once luck is on their side. It's all about the way one perceives gambling. If a rich gambler thinks that gambling will yield him more profits he may end up disappointed or even losing out on all his wins, on a lucky day. The skill they have to master, before getting profitable in gambling. It's never as simple as a gambler to just get to a point where things get easier or get winning assurance. Rich gamblers after earning huge amounts of money in their businesses must have learned money management skills, but it gets confusing to see them losing out on gambling without applying the management skills they've learned in the process of accumulating wealth. What could be the problem? I think that gambling is a different niche and whenever we begin to gamble, it's crucial to follow the precautions, as emotions are easily triggered in gambling.

Unlike other real-life activities, gambling has proven to have direct contact with the brain and can affect its action at any given time. The rich people only have the advantage of restricting how many games they can stake money in, but find it difficult to limit the amount of money they stake on that particular game. Thereby, their chances of losing big are quite very high. In terms of running broke, anybody could get into a financial problem, rich or poor, gambling or not. Differences only occur in situations where the gambler doesn't have any other form of earning money, so the outcome for such a low roller would be quite bad compared to a high roller. Who still has access to some money, which he'd be able to use in continuation for losing money in gambling. In the process, the high roller could win big. Then the journey gets fun again. Being a disciplined high roller is quite important and helps the gambler to see a huge win.

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December 30, 2023, 10:51:16 AM
 #437

It actually happened you can see that rich win more then poor. Some poor win a lot but sometimes rich winning rate is more then poor because they have more money then rich and they can take risk more then poor. That taking risk helps more to win. They can take big risk after lose they can afford it but poor gambler has limited money and they can't take big risk and they can't afford it. That's the reason rich win win earn more then poor
Each person will face different risks depending on the amount of money they use. If people are rich, they may face greater risks than poor people because they use more money than poor people. On the other hand, if poor people also use a lot of money, they will also face the same risks as rich people. But indeed, rich people can bear the risk, while poor people are often unable to bear it even though they are gambling using big money. And it is true that if the rich win, their winnings will be greater than those of the poor. So the risks will be different for each gambler depending on how they can deal with it.

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December 30, 2023, 10:53:25 AM
 #438

It actually happened you can see that rich win more then poor. Some poor win a lot but sometimes rich winning rate is more then poor because they have more money then rich and they can take risk more then poor. That taking risk helps more to win. They can take big risk after lose they can afford it but poor gambler has limited money and they can't take big risk and they can't afford it. That's the reason rich win win earn more then poor
You said winning rate. Which means you are not talking about the amount but how often they lose or win. That means you can not use that to compare the rich and the poor people that are gambling because it is possible that the rich win more often or lose more often. It is also good to know that most people that are gambling are losing than winning which also is indicating that the rich people may lose more money to gambling site than poor people.

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December 30, 2023, 11:37:12 AM
 #439

I believe rich winning more is not only about budget. Budget may influence amount of money you are winning through gambling but it will not increase how many games you are winning. In my opinion rich has very relaxed and also wise take on money so they are open to different schemes with their money. Poor people mostly worry about money they lose so gambling can be very scary for them. Rich people know it lot better in summary. Rich mindset should definitely be understood.

It seems that what you mean is that the large amount of money that rich people have has absolutely no effect on winning in gambling, or it means that it does not have a big chance to get closer to luck. Hmm yes maybe that makes a little sense with the calm situation that the rich have it is possible to make them a wise gambler in their involvement because losing is not a big deal for people who already have a lot of money so maybe it creates a pretty good luck.

As we know that gambling always involves feelings and emotions that are within and when you experience bad things there and then you can't accept it then obviously things out of control are very likely for you to do because of the inability to accept reality which of course makes you do more trials and indirectly defeat increasingly dominate because luck will not always come according to what you want and that behavior is usually done by poor people who on average come to earn. I admit that calmness is quite influential, but in my opinion it is more of a precautionary measure and not necessarily an effect on increasing the chances of winning, doesn't it make sense? because obviously for the problem of winning no matter how calm your situation is, it all depends on how lucky you are at that time.

Acknowledging the fact that the rich may possess better decision skills than the poor is fine, but not all would be able to perform well in gambling. Pierre2 in this response may have meant that due to the money the rich possess they are more relaxed while gambling than the poor. Because the rich have less reason to worry about money like a low roller would in his gambling journey. These few instances or differences are enough to justify the fact that high rollers have some advantages over low rollers. But it does not apply to all rich gamblers. In the years of gambling and reading articles relating to gambling, we've also seen some rich people who made huge losses that were enough to affect their net worth. Gamblers sold properties, just to gamble. I think the higher the bankroll of a gambler, his choices increase as well, thereby exposing him to a greater risk than the low roller. So the effect of gambling still works on everybody regardless of their monetary status.

And another fact is that the rich have good financial management so that he can become a rich man, what you said is quite logical about the rich who can make good decisions in gambling, none other than because as I mentioned earlier that the rich have a lot of money so that it creates calmness in him especially in making decisions, maybe you also already know that usually good decisions will come out when we are in a calm situation. True, on the other hand, the low sense of worry felt by rich people regarding the possibility of losing money is also a significant difference with poor people. On the other hand, in my opinion, the rich people you are referring to who have suffered heavy losses to sell some of their assets are people who are easily emotional and provoked in the sense that they cannot control themselves in gambling so that it makes them almost unable to control their gambling activities so that they overdo it by selling some of their assets which will certainly reduce the amount of wealth they have or even go bankrupt. Of course that's right buddy, for the problem of the impact of gambling is indeed all the same, meaning that everyone has the same possibility in terms of impact but maybe for those who can control and maintain everything then they will not experience too much impact in gambling.

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December 30, 2023, 11:51:27 AM
 #440

Sure it depends on luck, and it's different per gambler. Some gamblers may not know their actions once luck is on their side. It's all about the way one perceives gambling. If a rich gambler thinks that gambling will yield him more profits he may end up disappointed or even losing out on all his wins, on a lucky day. The skill they have to master, before getting profitable in gambling. It's never as simple as a gambler to just get to a point where things get easier or get winning assurance. Rich gamblers after earning huge amounts of money in their businesses must have learned money management skills, but it gets confusing to see them losing out on gambling without applying the management skills they've learned in the process of accumulating wealth. What could be the problem? I think that gambling is a different niche and whenever we begin to gamble, it's crucial to follow the precautions, as emotions are easily triggered in gambling.
Luck is very important for a gambler but everything does not depend on it. If we want to measure achievements of gamblers based entirely on luck, then it will be very difficult and make the gambling business very unserious and not motivating.

Furthermore, if luck is the only thing that makes winning possible in gambling, then magicians would have had a strong footprint in gambling. Unfortunately, magic does not work in gambling and fortune tellers hardly made headways in gambling. There are people taunted as professional gamblers which attained that recognition based on experience and not how lucky they are. They are not magicians but simple humans that have spent so much time mastering a particular gamble such as dice or sports betting.


Unlike other real-life activities, gambling has proven to have direct contact with the brain and can affect its action at any given time.
This statement is contradictory to your earlier position of gambling being based on luck. You still acknowledged the importance of brain power in gambling which shows that in addition to luck, there are other factors that are important in gambling.



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