Why the rich win gambling more than the poor.

[Woodie]

Its a very simple reason why this notion of the Rich win more at gambling than the poor...look at it this way, the rich don't have greed in them and know when to walk away whenever they win or lose, and btw he/she could start with a bankroll of $20k and make $1000 profit and call it a day because  they know the value of time and money , but the rest of us want to flip $100 into $1000 by sitting behind a screen all day which is a recipe for disaster when you playing for long hours and hence why the Rich stay rich...

[Dewi Aries]

"Rich people win more than poor people" honestly for the problem of winning in my opinion rich or poor does not really matter, and maybe the difference is in terms of the amount they get, which is where the rich get a big win because the amount of budget they use is also large and far from the amount of budget allocated by poor people on gambling, simply put the rich might bet $1000 in each session while the poor only bet $10, if you calculate the number of wins then of course the rich will win more than the poor because it looks from the capital they bring much bigger.

But I think in terms of gambling it is not about rich or poor because obviously the situation will not always be in our favor, meaning that rich people can also experience defeat with a large amount and far greater than the defeat experienced by the poor. I think it's a game of perspective for a situation, which I've explained above refers more to who can get the bigger winnings from gambling between the poor and the rich, but if you ask me about who will win more often in each session between the poor and the rich then only luck can answer that.

[wallet4bitcoin]

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.

Strongly agree with your point. The mindset people posses matters a lot. A poor man has just a few options and has to hold onto them firmly, this includes holding tight unto high expectations on returns from gambling. If  this is the mindset, how on earth will such a man consider alternative options of investment.

Poor mentality and not poor pocket has been the major reason why people are poor. When wealthy men work, they consider them as lucky men but then thy use what the poor consider a source of livelihood for fun. They must win definitely.

[Rabata]

A rich man will not look too disappointed if he loses $2000 dollars in a few seconds. He has the ability to lose the money. On the other hand, $200 is too much for a poor gambler. He may be betting for that money most of his time in a day or more. He is frustrated when he loses $200 instead of winning. Because he needs that money to meet the expenses of his family. He is desperate for $200 but if a rich person loss of $2,000 it wouldn't affect them. A rich gambler become normal in gambling in less time which is definitely difficult for a poor gambler. A rich gambler is able to enjoy stress-free gambling but poor gamblers don't get the opportunity.

[nullama]

A rich man will not look too disappointed if he loses $2000 dollars in a few seconds. He has the ability to lose the money. On the other hand, $200 is too much for a poor gambler. He may be betting for that money most of his time in a day or more. He is frustrated when he loses $200 instead of winning. Because he needs that money to meet the expenses of his family. He is desperate for $200 but if a rich person loss of $2,000 it wouldn't affect them. A rich gambler become normal in gambling in less time which is definitely difficult for a poor gambler. A rich gambler is able to enjoy stress-free gambling but poor gamblers don't get the opportunity.

Not too sure about that.

A rich person can easily bet and lose all their money as well.

What's stopping a rich person to bet $2k multiple times, or more actually?

It's the same in the end. The main difference is that a rich person is already rich, so they don't really need the gambling to become rich, so they don't really gamble as much as the poor person who wants to become rich.

[nara1892]

A rich man will not look too disappointed if he loses $2000 dollars in a few seconds. He has the ability to lose the money. On the other hand, $200 is too much for a poor gambler. He may be betting for that money most of his time in a day or more. He is frustrated when he loses $200 instead of winning. Because he needs that money to meet the expenses of his family. He is desperate for $200 but if a rich person loss of $2,000 it wouldn't affect them. A rich gambler become normal in gambling in less time which is definitely difficult for a poor gambler. A rich gambler is able to enjoy stress-free gambling but poor gamblers don't get the opportunity.

Yes it's possible, but I think the amount of $2000 is not a small amount of money and I don't think it would be that easy for a rich person to not feel any disappointment if they lost an amount like that in just a few seconds, at least the feeling of annoyance must be there even a little because after all everyone rich or poor have feelings, and especially for poor people, of course, as you said. On the other hand, in my opinion, the poor person you are talking about has the wrong approach to the goal, it is clear that he wants to win by placing the amount of money to double it, while on the other hand, this is gambling which always has absolutely no certainty about the final result, so it is only natural that he lost his money because after all it was a risk that had to be accepted. In fact, the problem of gambling comes back to the responsibility of each individual, rich or poor, if they cannot be responsible gamblers then it is clear that losing will always be a disappointing result.

[I_Anime]

There's a reason why they call them the rich. For instance someone that's wealthy started gambling it won't freak em as the poor who are gambling. Because he or she know that they have different sources of income that losses a poor man will take as a set back they will take as a petty losses and gambling hardly freak them it is rare  for  a rich man to be addicted to gambling because he or she won't have that much time only if they are casinos owners. But most poor will be planning to take gambling as one of their main sources of income which will take them much losses before hitting the jackpot and most endup giving before hitting it. While most rich people just take it as some thing they do for fun.

[Gheka]

Its a very simple reason why this notion of the Rich win more at gambling than the poor...look at it this way, the rich don't have greed in them and know when to walk away whenever they win or lose, and btw he/she could start with a bankroll of $20k and make $1000 profit and call it a day because  they know the value of time and money , but the rest of us want to flip $100 into $1000 by sitting behind a screen all day which is a recipe for disaster when you playing for long hours and hence why the Rich stay rich...

My point is that the darkness in the hearts of rich people is probably more dense and cruel than your point of view, it's just that some part of their self overcomes small attractions, they may be extravagant and seem to spend money like water, but they exchange it for contracts, a failure for them is just a guide for their brain to form a more solid path. Such a liberal mindset is often accompanied by a decrease in the desire for perfectionism, when gambling does not arouse desire, gambling punching a wall cannot leave a scratch, rich people possess a very strong inner mind

[maydna]

There's a reason why they call them the rich. For instance someone that's wealthy started gambling it won't freak em as the poor who are gambling. Because he or she know that they have different sources of income that losses a poor man will take as a set back they will take as a petty losses and gambling hardly freak them it is rare  for  a rich man to be addicted to gambling because he or she won't have that much time only if they are casinos owners. But most poor will be planning to take gambling as one of their main sources of income which will take them much losses before hitting the jackpot and most endup giving before hitting it. While most rich people just take it as some thing they do for fun.

People are called rich because they can gamble with big money bets, while others only use small bets. Rich people don't think about the money they use for gambling because they still have more money, especially for their needs. They have a source of income that provides a lot of income, so that is why they can gamble with large bets. And that is different from poor people who cannot gamble with big bets. Those people can only place small bets or adjust how much they can afford. And many poor people use gambling as a quick way to make money, even though only a few can make money. Meanwhile, rich people don't gamble too often because they are more busy handling their business. After all, that is more important than just gambling.

[piebeyb]

It's the same in the end. The main difference is that a rich person is already rich, so they don't really need the gambling to become rich, so they don't really gamble as much as the poor person who wants to become rich.

Gambling is actually entertainment for rich people, but most poor people try their luck and want to get rich from gambling, that is the fact that happens and we cannot deny that this phenomenon is actually still going on today, for some reason there are many gamblers who really want to be rich from gambling even though it is clear that many people fail and become poor because of gambling.

Maybe some of us have seen people who gamble all the time where they spend more of their time gambling and spending their money on gambling, but have we ever realized that they never became rich, on the contrary they lost everything, valuable assets, even their family? he doesn't have it either, therefore be a poor person who has a mindset like a rich person, that is, gamble like the way rich people play just for entertainment.

[LUCKMCFLY]

<Snip>

What you say is very true, in Fact things when Trying to do a better job in a casino because sometimes it is very advantageous to have money, because money makes it easier to think better sometimes, a person who has a lot of pressure and who o If you are used to Pressure, you can do things somewhat well, not all the time, but you can solve some things, but not all the time you will be able to have enough clarity, it is as you say , it is as if you had a direct connection with the brain and This is combined with the Emotions of being able to perform well, something that is very Difficult to do, that is why the people who are most successful in the game are the ones who risk the most and of course to take risks you must have a lot of money, a person If she is not rich, she will always have her way measured to do any type of Activity, and that is what we Should Always see, there is no other Option, we as thinking people know very well that things are like that.

In the person that do not have so Much money in the game and spend money because clearly they will have many losses and this will trigger many problems, in the case that more money is allocated to what should normally be Put to play , in this case we must do many things more to Guarantee that things are favorable to us, that is why a big game to lose is Better than a lot of money played and without control, a person who does not have control of his Finances can easily fall into Addiction while a controlled person therefore assume when you lose and do Nothing more to Stay there , in this order of ideas it will always be Advantageous to think from the Beginning and not do anything else but be there to do it better , at least with the money , because if you can at least have the enjoy and don't go to other instances to do worse things , like people who lose control and lose not only money , but friend s, family , etc. many more Things.

[klidex]

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.

Strongly agree with your point. The mindset people posses matters a lot. A poor man has just a few options and has to hold onto them firmly, this includes holding tight unto high expectations on returns from gambling. If  this is the mindset, how on earth will such a man consider alternative options of investment.

Poor mentality and not poor pocket has been the major reason why people are poor. When wealthy men work, they consider them as lucky men but then thy use what the poor consider a source of livelihood for fun. They must win definitely.

The mindset of rich people and the mindset of poor people are different. Rich people don't really care about winning or losing because the rich person's goal is to have fun while the mindset of poor people always has sky-high expectations for getting big profits. This is the difference between 2 camps that want different goals, one wants to be happy and the other wants to win. However, gambling don't discriminate whether the person is rich or the person is poor, because gambling luck is random, therefore we don't need to have expectations too high if it doesn't meet expectations.

In my opinion, it doesn't mean that poor people have a poor mentality. If they have a poor mentality, of course they won't take the risk of gambling even if they end up losing, indeed they are too hopeful about getting a profit, but they don't seem to give up to achieve it. Their mindset is indeed different from that of rich people. We feel the same way, of course we also hope that gambling will make a profit, but if we use an intelligent mindset, of course they don't think like that about gambling.

[nullama]

~snip~
The mindset of rich people and the mindset of poor people are different. Rich people don't really care about winning or losing because the rich person's goal is to have fun while the mindset of poor people always has sky-high expectations for getting big profits. This is the difference between 2 camps that want different goals, one wants to be happy and the other wants to win. However, gambling don't discriminate whether the person is rich or the person is poor, because gambling luck is random, therefore we don't need to have expectations too high if it doesn't meet expectations.

In my opinion, it doesn't mean that poor people have a poor mentality. If they have a poor mentality, of course they won't take the risk of gambling even if they end up losing, indeed they are too hopeful about getting a profit, but they don't seem to give up to achieve it. Their mindset is indeed different from that of rich people. We feel the same way, of course we also hope that gambling will make a profit, but if we use an intelligent mindset, of course they don't think like that about gambling.

Yeah, absolutely.

Rich people is usually the result of someone having goals, plans, and executing them. Particularly in terms of making money.

That means that they are aware that gambling won't make them rich. Also, they already are rich anyway.

But a poor person, who might be great at many things, is usually not great at making money. And gambling is not a great way of making money, so they probably will be gambling more than the rich folks.

[wallet4bitcoin]

In my opinion, it doesn't mean that poor people have a poor mentality. If they have a poor mentality, of course they won't take the risk of gambling even if they end up losing, indeed they are too hopeful about getting a profit, but they don't seem to give up to achieve it. Their mindset is indeed different from that of rich people. We feel the same way, of course we also hope that gambling will make a profit, but if we use an intelligent mindset, of course they don't think like that about gambling.

It's more like, rich people have where they consider a place of business and a place of fun. So, when a poor man wakes up, he focuses on a wealthy man's place of fun as a place for business but having the same expectations as the wealthy man when out for business.

You will expect that the rich man will play small when gambling but he obviously gives his shot which appears as big for the poor man. If he gets lucky with his bets, it's huge compared to the wins of the poor.

[Sanugarid]

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.

Maybe because of their bets, their bets are bigger than the poor. You have a great chance to win big if your bet is also big, but of course you must know how to play gambling. One win for the rich requires five wins for the poor, the difference is huge. So their difference is that the rich have a lot of money. There are still poor people
who wins big when struck by luck.

[SeriouslyGiveaway]




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.

The difference in mindset and psychology is a factor that leads to varying winning ratios, and it's clear that the wealthy have a distinct advantage in both aspects. I once heard a pretty good saying, "To make money, you first have to not be afraid of losing money," and I find it quite accurate, both in gambling and business investment. Fear can limit your mindset and lead to wrong decisions or hesitant actions that result in missed opportunities.

[Majestic-milf]

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.

Well, I wouldn't say they are more financially meticulous than the poor person, only that they simply take less number of games and stake big, but the average person will want to take more selections to give them a good run for their money.
I've seen instances of these rich people staking big and before the game will end they may have seen that the outcome may not be favorable, they will quickly make a cash out.
 

[ethereumhunter]

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.

Well, I wouldn't say they are more financially meticulous than the poor person, only that they simply take less number of games and stake big, but the average person will want to take more selections to give them a good run for their money.
I've seen instances of these rich people staking big and before the game will end they may have seen that the outcome may not be favorable, they will quickly make a cash out.

But in reality, it is like that because rich people can win larger amounts of money than poor people, especially when they are betting, they use even more money. And that's why when they win, their win will be bigger than anyone else's. Regarding who understands gambling better, it depends on each person because there are poor people who understand that gambling is about entertainment, so they don't gamble excessively and can still limit themselves. He also won't gamble with big money and only uses enough money to gamble. They try to prevent themselves from losing money, especially if they don't have much money. They just want to enjoy gambling as entertainment and don't want to get into any trouble from gambling.

[nullama]

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.

Well, I wouldn't say they are more financially meticulous than the poor person, only that they simply take less number of games and stake big, but the average person will want to take more selections to give them a good run for their money.
I've seen instances of these rich people staking big and before the game will end they may have seen that the outcome may not be favorable, they will quickly make a cash out.
 

At the end of the day the rich person can simply make the same bets that the poor person is doing, with the only difference being how much they are betting.

The odds are exactly the same for both of them, so the onky difference will be how much money they lose in the end. 

[Blitzboy]

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.

Well, I wouldn't say they are more financially meticulous than the poor person, only that they simply take less number of games and stake big, but the average person will want to take more selections to give them a good run for their money.
I've seen instances of these rich people staking big and before the game will end they may have seen that the outcome may not be favorable, they will quickly make a cash out.

But in reality, it is like that because rich people can win larger amounts of money than poor people, especially when they are betting, they use even more money. And that's why when they win, their win will be bigger than anyone else's. Regarding who understands gambling better, it depends on each person because there are poor people who understand that gambling is about entertainment, so they don't gamble excessively and can still limit themselves. He also won't gamble with big money and only uses enough money to gamble. They try to prevent themselves from losing money, especially if they don't have much money. They just want to enjoy gambling as entertainment and don't want to get into any trouble from gambling.

The rich may bet more, skewing the idea that gambling is a "rich man's game". There's a hidden layer of discipline and understanding among those with fewer resources. They gamble for fun, preventing addiction. This is responsible gambling, in my opinion.

Gambling can deceive the impoverished because of the promise of great wins. Our online forum community involvement is crucial here. We must teach and encourage responsible gambling, knowing the fine line between entertainment and excess. Its about making gambling a fun activity rather than a frantic endeavor to improve finances.

I promote healthy gambling: Understanding the chances, dangers and boundaries contribute to a healthy gambling relationship, regardless of income. Gambling should be seen as enjoyment rather than a means to gain. This attitude shift is crucial to promoting responsible gambling. .