Why the rich win gambling more than the poor.

[GigaBit]

No doubt for that because every people, rich or poor gamblers can lose all of their money if they risks much money to playing gambling. But if they can realizes that playing gambling is just for fun, they will not risks much money and always use limitation to playing gambling. They know that risking too much money can makes them lose all of their money and that's why they must use self control. Maybe rich people can wins much money than the poor but they can't always wins or too often wins in gambling games. That's why we don't use too much money to playing gambling because that can attracts us to use more and more money without knowing when to stops gambling.

No argument that they can not lose their money but the chances of losing money are the poor are more of the victims than the rich the rich don't gamble every day they are always busy attending other business meetings and more compared to a poor person looking for ways to make more money. and we are getting on the same page that gambling is played by the rich for fun i can accept. and we know how wealthy people are with money management and if you look at it if they eventually gamble they have a reason it might be that they have a meeting with a friend who loves gambling so that can make they gamble just to make more deeps and that is why you see a lot of them in tennis clubs and casinos.

The poor gamble more than the rich they spend more time in gambling because they want to get rich quick which is not the case among the rich. The rich try to spend some time in gambling for entertainment. A rich man is busy for various reasons but a poor man has less work due to which he spends more time in gambling. The poor are also more likely to become addicted to gambling due to excessive use. And if you are an addicted gambler, there is no chance of getting anything good from gambling. But it cannot be said that the rich are not addicted. Because there are many wealthy gamblers who have lost their fortunes through addiction. Comparing the poor and the rich shows these things which are realistic. Actually in gambling there are no rich and poor who are lucky enough to win from the gamble but a poor gambler cannot keep the winnings from his gambling because they have to bear various expenses so they can not manage their proper bankroll in gambling and lost.

[bubilas]

Judging by Maslow's pyramid, poor people are always focused on finding money for their needs. The bottom of this pyramid itself is to ensure safety, comfort, food and clothing.
This is exactly what people with low and even average earnings are doing. They have no time to think about entertainment, and of course they see gambling as a way to earn money, and not at all a way to relax and have fun.

But the rich focus on emotions. They don't have to worry about providing for themselves.

[Dewi Aries]

Yes everyone always talks about winning in gambling, sometimes it is not uncommon for people to show off the results of their winnings to other people, especially to some of their closest people, such as friends, even though in fact the winnings are nothing more than just luck that came at the right time, but sometimes people - the person who showed it off said to others that it was the result of his greatness haha ridiculous. And yes, as you said and it is true, there are also some gamblers who say or believe that if a method works for other people, it will also work for them, even though it is clear that whatever method you use in gambling, it only helps increase your chances, but In no way can you guarantee or guarantee that you will also win like other people.

On the other hand, it is a fact that in gambling there is absolutely no difference between rich people and poor people in terms of opportunities and possibilities, the only difference is in terms of the number of wins and the number of losses because of course the bets of rich people are greater than those of poor people, but for the problem of chance and possibility remains the same, in the sense that rich people can win big but they can also lose big. What this means is that when you are involved in gambling then you must have the right mindset, and don't think about gambling by risking larger amounts like rich people do because it won't change the odds at all, and also set a plan to only gamble with an amount you can afford to lose regardless of whether you are rich or poor.

Atleast you see my point, most of the comments I have read here are all speculating that rich gamblers are of higher chances of winning because of the fact that they gamble with huge amount of money which can make them select few games that won't be risky but with all my experience I have had gambling, I have come to understand that even the smallest of odds can turn out with a negative results prior to what you actually predicted the games that why my strong sense of all bettors being equal stands vividly so bet according to your standards and make lesser risk with your funds and not with your game selection.

One of the reasons why you see that most of the comments on this page say the same thing as I do which is that there is no difference in terms of odds and possibilities between rich and poor gamblers is because we think using common sense and a rational point of view and I think that is the fact in the sense that when the rich person is unlucky then the amount of defeat will definitely match the amount bet which is greater than the amount allocated by the poor person. The difference is only in terms of the amount of budget at stake and the number of wins or losses, and on the other hand I cannot say that rich people have a higher chance of winning, we must be able to distinguish "chances" from "numbers", as I said above that for the problem of chances and possibilities are the same, and the only difference is in terms of the number of wins and losses between rich gamblers and poor gamblers. On the other hand, it actually doesn't matter what method of gambling the gamblers use regardless of whether they are rich or poor, but with a note that they must take the level of risk that suits their abilities, that's all that matters.

[GxSTxV]

First of all, gambling is dedicated to be a source of entertainment and not a source of income nor a way to make money, people shouldn't rely on gambling in order to make money because it is not how it should be.

Rich people have the ability to put bigger amounts in their bets because technically it is more fun to gamble with a lot of money as the risk is higher and gives you more adrenaline rush and excitement. And obviously when you put more money your wins are going to be automatically higher than someone who won with a small amount of money. Poor people tend to bet with small amounts because they can't afford losing more than that.

[nullama]

First of all, gambling is dedicated to be a source of entertainment and not a source of income nor a way to make money, people shouldn't rely on gambling in order to make money because it is not how it should be.

Rich people have the ability to put bigger amounts in their bets because technically it is more fun to gamble with a lot of money as the risk is higher and gives you more adrenaline rush and excitement. And obviously when you put more money your wins are going to be automatically higher than someone who won with a small amount of money. Poor people tend to bet with small amounts because they can't afford losing more than that.

The risk, as in the odds, is the same really for poor and rich.

Both can go "all in" and face the same odds.

That might be $20 for the poor person or $200k for the rich person, but in the end if they lose, both lose it all. Same risk, with same odds.

[rodskee]

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.

actually what I do observed is that we are just paying attention to those rich gamblers
because they are winning big amount but not giving attention to how much they are
 losing first before the win.
while the poor people is just betting small and not  getting attention because of the smaller amount.

Exactly, this is what we should note that even if for example we see rich people getting a very large win which of course the amount of victory is much greater than the poor but of course as you said that we also cannot just focus on one point, meaning that we must look at other possibilities that can never actually be separated in gambling which is the risk of losing, while it is a fact that everyone will definitely experience defeat in their gambling activities regardless of whether they are rich or poor.

And obviously the meaning is as you said which is a fact that if a rich gambler loses then obviously the amount of their loss must also be large and it is a much greater amount of defeat than the defeat experienced by the poor, and obviously the conclusion is that rich and poor gamblers certainly have the same chances and possibilities in terms of winning and losing, but maybe the difference is only in terms of the amount of victory and the amount of defeat, on the other hand I understand that if the rich are lucky then the amount of victory must be greater than the poor, but the point is that anyone can lose regardless of whether they are rich or poor.

You got it buddy , that is exactly what I want to say here because people are just looking about
how much rich people win or lose because those are outstanding and really memorable but for us
Poor gambler we are losing almost every centavo in our pocket each time we gamble.

but in totality of gambling? both rich and poor are losing their money or I mean their hard
earned money .

[adpinbr]

Yes, the rich is  more richer than the poor,because they have enough money once they lose they still have money to continue better don’t even bother because they always use the money and over and over again why they have to go and money because they have any for now why do we continue predicting as long as there is available money,but whenever they reach try to bet more than what they can afford to lose, he would lose a lot and not Try to bet again so it is just a sample thing,that is my own point of view.

[piebeyb]

Yes, the rich is  more richer than the poor,because they have enough money once they lose they still have money to continue better don’t even bother because they always use the money and over and over again why they have to go and money because they have any for now why do we continue predicting as long as there is available money,but whenever they reach try to bet more than what they can afford to lose, he would lose a lot and not Try to bet again so it is just a sample thing,that is my own point of view.

Actually, the mindset of rich people is very different from that of poor people, that's why poor people rarely win, let alone winning against the dealer, even against themselves, it is very difficult to control it, how rich gamblers win is actually easy, they don't just have a lot of money or gamble with only the money they want to spend, apart from that they actually think that gambling is a place for them to find fun and is just entertainment so that when they win they will usually leave and leave the game if they feel happy.

If people who are poor gamblers are given a win, they will usually try playing another game hoping to get an even bigger win than before. It is the greedy behavior and mindset of poor people like this that makes it difficult for poor people to win because they always focus on gambling as a place for them. looking for wealth and a steady income even though that is very different from the mindset of rich people, they only focus on fun, nothing more, even if they experience defeat, they will usually stop because of course for them it is enough if it pleases them, but for poor people they will continue to play to recover. his defeat..

[slapper]

Yes, the rich is  more richer than the poor,because they have enough money once they lose they still have money to continue better don’t even bother because they always use the money and over and over again why they have to go and money because they have any for now why do we continue predicting as long as there is available money,but whenever they reach try to bet more than what they can afford to lose, he would lose a lot and not Try to bet again so it is just a sample thing,that is my own point of view.

Actually, the mindset of rich people is very different from that of poor people, that's why poor people rarely win, let alone winning against the dealer, even against themselves, it is very difficult to control it, how rich gamblers win is actually easy, they don't just have a lot of money or gamble with only the money they want to spend, apart from that they actually think that gambling is a place for them to find fun and is just entertainment so that when they win they will usually leave and leave the game if they feel happy.

If people who are poor gamblers are given a win, they will usually try playing another game hoping to get an even bigger win than before. It is the greedy behavior and mindset of poor people like this that makes it difficult for poor people to win because they always focus on gambling as a place for them. looking for wealth and a steady income even though that is very different from the mindset of rich people, they only focus on fun, nothing more, even if they experience defeat, they will usually stop because of course for them it is enough if it pleases them, but for poor people they will continue to play to recover. his defeat..

Half the picture is that they're just having fun. Although they're not playing with Monopoly money, these gentlemen regard gambling like a thrill trip and a calculated risk. Like they've dissociated from the money, which is crucial to staying in control. It's different for the average Joe. They seek losses to make money, which spirals downward. Not greed, but desperation. How about flipping the script? Do not judge; teach them the "rich mindset." Set limits and leave when it gets boring. That's the real win

Clear thinking is more important than a big pocketbook. Gambling is enjoyment, not investment. Knowing that puts you ahead of the game

[vs2014]

It is natural that those who are financially comfortable are more addicted to gambling but among these people there are some rich people who gamble just for fun. Those who have money can indulge in any activity so there is no specific reason for it. But in that case the goal of poor people's gambling is to earn money. They dream of getting rich suddenly through gambling, so some even take out loans to raise money for gambling even after their financial situation deteriorates. So demand gambling is dangerous because if your target is not profitable then you have to be hostile later on.

[Rabata]

Yes, the rich is  more richer than the poor,because they have enough money once they lose they still have money to continue better don’t even bother because they always use the money and over and over again why they have to go and money because they have any for now why do we continue predicting as long as there is available money,but whenever they reach try to bet more than what they can afford to lose, he would lose a lot and not Try to bet again so it is just a sample thing,that is my own point of view.

Those who can gamble responsibly will survive in gambling and I call them rich. One of the reasons that the average poor gambler has a higher percentage of gambling because they want to use gambling to get rich, which is a major barrier to their gambling. A poor person will want to gamble all day long for a small amount of money but a rich gambler must prioritize their work first. Gambling is not a source of income for them. A poor gambler is not likely to take a break where rich can take a break. Which is why rich gamblers tend to get rich.

[Jody.Drummer]

Exactly, this is what we should note that even if for example we see rich people getting a very large win which of course the amount of victory is much greater than the poor but of course as you said that we also cannot just focus on one point, meaning that we must look at other possibilities that can never actually be separated in gambling which is the risk of losing, while it is a fact that everyone will definitely experience defeat in their gambling activities regardless of whether they are rich or poor.

And obviously the meaning is as you said which is a fact that if a rich gambler loses then obviously the amount of their loss must also be large and it is a much greater amount of defeat than the defeat experienced by the poor, and obviously the conclusion is that rich and poor gamblers certainly have the same chances and possibilities in terms of winning and losing, but maybe the difference is only in terms of the amount of victory and the amount of defeat, on the other hand I understand that if the rich are lucky then the amount of victory must be greater than the poor, but the point is that anyone can lose regardless of whether they are rich or poor.

You got it buddy , that is exactly what I want to say here because people are just looking about
how much rich people win or lose because those are outstanding and really memorable but for us
Poor gambler we are losing almost every centavo in our pocket each time we gamble.

but in totality of gambling? both rich and poor are losing their money or I mean their hard
earned money .

Yes, people may only see in terms of the amount of winnings where it is clear that the rich gambler gets a bigger win than the poor, because the comparison may be that the rich person bets $1000 in one betting session while the poor gambler only bets $100, and obviously if they both win, the biggest amount of winnings must be the rich person. That is true and obvious, but they only see in terms of the winning situation but do not see the possibility of losing which when they are unlucky then obviously the amount of defeat must be greater for the rich than the poor.

In the end, yes as I said earlier that what makes sense is that all gamblers also have the same chances and possibilities regardless of whether they are poor or rich, and one thing we must remember is that the amount of budget can in no way be used as a guarantee that you will win at the end of the session, and that is gambling.

[Gaza13]

It is natural that those who are financially comfortable are more addicted to gambling but among these people there are some rich people who gamble just for fun. Those who have money can indulge in any activity so there is no specific reason for it. But in that case the goal of poor people's gambling is to earn money. They dream of getting rich suddenly through gambling, so some even take out loans to raise money for gambling even after their financial situation deteriorates. So demand gambling is dangerous because if your target is not profitable then you have to be hostile later on.

Someone who is sufficient with money is of course free to do whatever they want with their money and they don't think about it. In my opinion, this is a very fatal mistake of a poor person in his decision making and forcing himself too hard to borrow everything, such as lending money to anyone and in his thinking concept, he wants to get rich too much by gambling. In my opinion, this is too bad with this kind of attitude. Which means that you continue to chase victory in every round at the gambling table. And in my opinion this is rarely or impossible for every gambler who really gets rich from gambling.

[klidex]

Someone who is sufficient with money is of course free to do whatever they want with their money and they don't think about it. In my opinion, this is a very fatal mistake of a poor person in his decision making and forcing himself too hard to borrow everything, such as lending money to anyone and in his thinking concept, he wants to get rich too much by gambling. In my opinion, this is too bad with this kind of attitude. Which means that you continue to chase victory in every round at the gambling table. And in my opinion this is rarely or impossible for every gambler who really gets rich from gambling.

Because rich people have different pleasures from poor people, rich people are freer to gamble and we also often see rich people win more often because they are not half-hearted in spending money on gambling, but in fact, if we look deeper, rich people have more spend on gambling and their winning percentage is actually smaller than the money they spend on gambling because the goal of rich people is just to have fun and don't expect to win because they already have everything they have. The most important thing is for them to be able to spend time having fun with their friends. at the gambling table.

It is true that the thinking of poor people who gamble is that they definitely want to get rich through gambling. Every time they risk their money, they hope to win and become rich, but this kind of attitude is very wrong. We will never get rich through gambling games if we are not really lucky, the gambling house will not we can just beat it because the owner always has a way to prevent the users from getting bigger profits from the casino so no matter how big the hopes of poor people they will not be able to get rich easily through gambling.

[FinePoine0]

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.

The rich usually gamble for fun, and they tend to bet more, which is why they win more. But those who are poor gamblers are mainly afraid of losing money, because if they run out of money they will not be able to participate in gambling later. This is why poor gamblers win less because they gamble more worriedly, while the rich are far ahead because they are less likely to run out of money or run out of funds, which makes them gamble more.

[CODE200]

Judging by Maslow's pyramid, poor people are always focused on finding money for their needs. The bottom of this pyramid itself is to ensure safety, comfort, food and clothing.
This is exactly what people with low and even average earnings are doing. They have no time to think about entertainment, and of course they see gambling as a way to earn money, and not at all a way to relax and have fun.

But the rich focus on emotions. They don't have to worry about providing for themselves.

Exactly, this would probably be the best explanation as there's a representative of why there's more rich gamblers rather than poor gamblers, another thing that I also would love to add is the matter of resources in terms of finances which is the most obvious thing here, when you've got more money at your disposal, you will have more lasting time gambling and you won't worry too much about losing because along the way, you will eventually hit a win unlike with poor gamblers that have a low and really limited gambling budget, they can't afford to overextend lest they want to become addicted to gambling.

[Bitcoinsummoner]

Could it be that the rich understand financial management more?

I agree with you that the rich don't worry much when it comes to gambling. If they lose money, their life will be destroyed, their family will not be able to spend, they will not be able to buy food to support their family, and they will not be able to send their children to school, the rich do not think that. Due to this they have no recoil and feel comfortable playing the game. When they play with joy, without tension they win.

On the other hand, a poor man always worries about his money. If he loses this money, then his family will be in need today. He may not be able to make his child study well, not be able to manage the family well, and not be able to buy his mother's medicine. Thinking about all these things he makes mistakes and he loses.

[bakasabo]

Could it be that the rich understand financial management more?

I agree with you that the rich don't worry much when it comes to gambling. If they lose money, their life will be destroyed, their family will not be able to spend, they will not be able to buy food to support their family, and they will not be able to send their children to school, the rich do not think that. Due to this they have no recoil and feel comfortable playing the game. When they play with joy, without tension they win.

On the other hand, a poor man always worries about his money. If he loses this money, then his family will be in need today. He may not be able to make his child study well, not be able to manage the family well, and not be able to buy his mother's medicine. Thinking about all these things he makes mistakes and he loses.

So you say that rich people isnt able to place everything they have got? We recently got here topic where casino allowed drunk businessmen to place bets and in the end he has lost +100 million worth company that he was building all his life. Or you think that rich people are so reckless due to their wealth, that they can bust money without care? They would be poor, if they had such attitude.

Rich and poor does not win or lose more than others. They all gamble as much as they can afford and each with individual tactics and success.

[Accardo]

It is natural that those who are financially comfortable are more addicted to gambling but among these people there are some rich people who gamble just for fun. Those who have money can indulge in any activity so there is no specific reason for it. But in that case the goal of poor people's gambling is to earn money. They dream of getting rich suddenly through gambling, so some even take out loans to raise money for gambling even after their financial situation deteriorates. So demand gambling is dangerous because if your target is not profitable then you have to be hostile later on.

The rich also wants to get richer through gambling. It's not a simple thing to be rich and not want more money. A lot of rich people I've come in contact with never said they're satisfied with what they've got. Anybody can get richer than the next rich person in their circle. It's more like a competition for the rich to always work hard and earn more money. Hence, when they're becoming interested in gambling what matters is controlling their habit. When a rich fellow tends to gamble without controlling his actions he's only causing more harm to his health.

As a gambler we all are same and would face similar fate when we don't do the right thing needed in becoming a good gambler, both the rich and low income player will pass through multiple losses. The rich players also tend to go broke while gambling. In a nutshell, it's fine to think that low income players are looking to earn big via gambling and it's what makes them gamble more, as gambling, to them, looks more promising than their daily work. But, the rich also are in want for more money, it also keeps them in the game for long. In this categories of players, no set of gamblers actually gamble more than the others.

[bubilas]

Judging by Maslow's pyramid, poor people are always focused on finding money for their needs. The bottom of this pyramid itself is to ensure safety, comfort, food and clothing.
This is exactly what people with low and even average earnings are doing. They have no time to think about entertainment, and of course they see gambling as a way to earn money, and not at all a way to relax and have fun.

But the rich focus on emotions. They don't have to worry about providing for themselves.

Exactly, this would probably be the best explanation as there's a representative of why there's more rich gamblers rather than poor gamblers, another thing that I also would love to add is the matter of resources in terms of finances which is the most obvious thing here, when you've got more money at your disposal, you will have more lasting time gambling and you won't worry too much about losing because along the way, you will eventually hit a win unlike with poor gamblers that have a low and really limited gambling budget, they can't afford to overextend lest they want to become addicted to gambling.

It is absolutely true that rich people have many differences from poor people in terms of opportunities and desire to gamble. This is both free time, which is full, and money that you can afford to lose... and there are many other reasons why gambling between rich and poor is very different.

By the way, the poor have an advantage: they always keep themselves under control, because if this does not happen, then the poor person simply does not sing the next day. And the rich don't control themselves that much.