Why the rich win gambling more than the poor.

[asrinur]

In my opinion, one of the reasons why rich people win a lot at gambling is because they have bigger capital so they can bet more and stay in the game longer. In addition, rich people usually also take bigger risks without fear of losing all their money. However, it needs to be understood that people who win more at gambling will definitely experience more losses beforehand because no one who plays gambling for the first time immediately wins a lot and has definitely experienced losses before.

[Awaklara]

You are absolutely right because Rich people are always able and capable of providing for them self when they lose a huge amount in their gambling bet although while the poor people can not provide for them self when they lose a huge amount in their gambling bet, so that's while is not good for the poor people to use a huge amount in their gambling bet just bet as you can lose.

Rich people can have money even if they lose in gambling because they still have more money in their account but that will not be a good idea if that rich people use much money to playing gambling. They must consider that gambling is just fun activity and not a place to makes money. The rich win gambling more than the poor is because rich people can place a bet using big money while poor people can't do that. But if we talk about the lose that they can gets, both rich and poor people can gets the big lose although they have the same chance to win some money. Both rich and poor people must not use much money to playing gambling because gambling can takes all of their money shortly. If both rich and poor people can use gambling with right, they will not lose much money but they will enjoy their time to playing gambling.

the size of the money bet by rich people and poor people will be different. because everyone has different ability limits to bet on.
the chances of winning for everyone are the same. the difference is that maybe rich people with big bets can get big wins. and a poor man with a small bet will get a small win.
rich people can play longer with smaller bets. but it can also be shorter if the betting is very blind. actually, both are the same. but I don't know how often gamblers bet on middle-to-lower economic groups.

People with small finances can also enjoy gambling. so victory is not reserved for the rich only. anyone who bet has a chance to win.

[Aniel Jay]

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.

Aside from luck, the rich have a greater staking power than the poor, the poor will want to win big with little staking power with a bigger odd which makes the gambling more risky but the rich will pick a small odd and stake a huge amount. In the end, luck also plays a better chance.

[junder]

In my opinion, one of the reasons why rich people win a lot at gambling is because they have bigger capital so they can bet more and stay in the game longer. In addition, rich people usually also take bigger risks without fear of losing all their money. However, it needs to be understood that people who win more at gambling will definitely experience more losses beforehand because no one who plays gambling for the first time immediately wins a lot and has definitely experienced losses before.

Yes, that's right, with rich people having more capital, of course they can place bets as they wish, even with high betting amounts, because once they are lucky by getting a big multiplier, it can make them get quite big wins without having to get free spins first. First, why do I say that because I have experienced it where I placed a bet with the smallest bet amount and got a large multiplier but the results obtained could still be said to be not much, but when I placed a bet with a high bet amount and immediately got lucky get big multipliers I can get big wins without having to get free spins first.

I agree with what you say, rich people are more willing to take risks without being afraid of losing the money they are betting on. In contrast to the poor, where they gamble is most likely to be able to win which can help with their financial problems and of course this makes them worried at every round of gambling, they are not ready to lose the money they bet. Apart from that, poor people will only feel annoyed when they experience defeat. What's more, gambling will only result in defeat in the end with the gambling they do because defeat dominates more than winning.

[ethereumhunter]

the size of the money bet by rich people and poor people will be different. because everyone has different ability limits to bet on.
the chances of winning for everyone are the same. the difference is that maybe rich people with big bets can get big wins. and a poor man with a small bet will get a small win.
rich people can play longer with smaller bets. but it can also be shorter if the betting is very blind. actually, both are the same. but I don't know how often gamblers bet on middle-to-lower economic groups.

People with small finances can also enjoy gambling. so victory is not reserved for the rich only. anyone who bet has a chance to win.

That's right because rich people will have more money than the poor people and that's why they can gambling with large money and they can wins much money than poor people. Rich people can takes their risks playing gambling using big money because they still have much money in their wallets so they don't minds to lose the money they can afford. Poor people doesn't have to follows what rich people do because they are limits of the money and could only use the money that they can affords to lose.

Every people will have their limits in gambling so each people doesn't have to breaks their limits to playing gambling moderately. As long as they follows that rules, they will be okay and they can enjoy playing gambling using limits money and not complain if they can't wins much money. Poor people should realizes that they can only playing gambling moderately and always limits their money to prevents the big lose.

[Chilwell]

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.

Aside from luck, the rich have a greater staking power than the poor, the poor will want to win big with little staking power with a bigger odd which makes the gambling more risky but the rich will pick a small odd and stake a huge amount. In the end, luck also plays a better chance.

You say it all "luck also play a better chance" this is the fact, is no that rich does lose just that we poor people don't get access to them to know whether they are losing or gaining and again because they are rich and also make use of the sense than a poor person, they play with caution and Stake carefully to avoid making a big loss, and the all of it is that they don't make money through gambling rather they first of all have their own business which is the source of their wealth.

Between rich and poor their is huge differences in times of making money and also spending, rich person can be a businessman while Poor men can be a normal hustler that hardly get something to it, so when the come to stake they put little they have to get huge amounts in return which sometimes not possible and that is how the continue to lose and again the stake everything they have that why people noticed them that they lost their game because the lost everything and have nothing to show again.

[rodskee]

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.

its like the money of poor people is thousand times lower than money of the richer so why
do we need to look at the amount instead of looking at the actual activities of each gamblers and
what is the outcome of each gambling days.

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.

if you are a gambler that seeks only for winning and does not accepting the higher opportunity
of losing then you are a stupid loser all your life.

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.

perfect , rich or poor? luck may sit with them in uncertain time when we are not expecting this to come
and when you are so eager to win then expect that luck will notlet you find it.

[bubilas]

the size of the money bet by rich people and poor people will be different. because everyone has different ability limits to bet on.
the chances of winning for everyone are the same. the difference is that maybe rich people with big bets can get big wins. and a poor man with a small bet will get a small win.
rich people can play longer with smaller bets. but it can also be shorter if the betting is very blind. actually, both are the same. but I don't know how often gamblers bet on middle-to-lower economic groups.

People with small finances can also enjoy gambling. so victory is not reserved for the rich only. anyone who bet has a chance to win.

That's right because rich people will have more money than the poor people and that's why they can gambling with large money and they can wins much money than poor people. Rich people can takes their risks playing gambling using big money because they still have much money in their wallets so they don't minds to lose the money they can afford. Poor people doesn't have to follows what rich people do because they are limits of the money and could only use the money that they can affords to lose.

Every people will have their limits in gambling so each people doesn't have to breaks their limits to playing gambling moderately. As long as they follows that rules, they will be okay and they can enjoy playing gambling using limits money and not complain if they can't wins much money. Poor people should realizes that they can only playing gambling moderately and always limits their money to prevents the big lose.

I think that everyone would like to gamble without getting addicted, but unfortunately the gambling world is made so that gamblers play and play casino or card games. Casinos are powerful organizations and they know the psychology of the player very well, and there are also dishonest casinos among them that can adjust the results of roulette or slots in order to influence the psychology of the player in this way.
I mean, when the casino gives the gambler nothing to win at the beginning, so that the gambler can come back and play more.

[Bravut]

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.

Aside from luck, the rich have a greater staking power than the poor, the poor will want to win big with little staking power with a bigger odd which makes the gambling more risky but the rich will pick a small odd and stake a huge amount. In the end, luck also plays a better chance.

You say it all "luck also play a better chance" this is the fact, is no that rich does lose just that we poor people don't get access to them to know whether they are losing or gaining and again because they are rich and also make use of the sense than a poor person, they play with caution and Stake carefully to avoid making a big loss, and the all of it is that they don't make money through gambling rather they first of all have their own business which is the source of their wealth.

Between rich and poor their is huge differences in times of making money and also spending, rich person can be a businessman while Poor men can be a normal hustler that hardly get something to it, so when the come to stake they put little they have to get huge amounts in return which sometimes not possible and that is how the continue to lose and again the stake everything they have that why people noticed them that they lost their game because the lost everything and have nothing to show again.

Like I said before, I do not believe the Rich wins more than the Poor, or the Poor wins more than the Rich. We cannot tell, we can only consider this in terms of edge the Rich have over the Poor which is source of stable income, high stake amount, less pressure when gambling, because this is were the weaknesses of the poor show up, pushing them to gamble irresponsibly and sometime loss much whereas the Rich would always have what to fall back on when they loss much.

[Reredmi896]

It is clear and certain that the main factor is the capital that can be bet to gamble by the rich, because we know that to pursue victory in gambling requires continuous betting, in this case the rich are benefited because they have a lot of capital, while for some people who only bet once or poor people they need luck to win the jackpot. And the rich gamble just for fun and consider gambling a leisure game, on the contrary for the poor gambling is a short path to success if they win a jackpot or a big prize. This kind of thing should be avoided for such people. Because if you have such thoughts, it will damage the mentality of the poor person.

[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.

Aside from luck, the rich have a greater staking power than the poor, the poor will want to win big with little staking power with a bigger odd which makes the gambling more risky but the rich will pick a small odd and stake a huge amount. In the end, luck also plays a better chance.

You say it all "luck also play a better chance" this is the fact, is no that rich does lose just that we poor people don't get access to them to know whether they are losing or gaining and again because they are rich and also make use of the sense than a poor person, they play with caution and Stake carefully to avoid making a big loss, and the all of it is that they don't make money through gambling rather they first of all have their own business which is the source of their wealth.

Between rich and poor their is huge differences in times of making money and also spending, rich person can be a businessman while Poor men can be a normal hustler that hardly get something to it, so when the come to stake they put little they have to get huge amounts in return which sometimes not possible and that is how the continue to lose and again the stake everything they have that why people noticed them that they lost their game because the lost everything and have nothing to show again.

The wealth disparity alters the playing field. Not only money, but resources, knowledge, and opportunities. In gambling, wealthier people can lose more. Risks would bankrupt someone with less wealth. Because they have more to lose, they may be more careful. Do not be fooled - they lose too. However, their losses are less obvious than those of a last-dollar gambler.

No matter your income, gaming isnt a reliable way to make money. Entertainment, a chance game. Home advantage and odds are always against you. Avoid luck and comparisons by focusing on what you can control. Develop your abilities, study, and work hard to succeed. This leads to prosperity and financial security. Remember that everyone starts differently. But everyone can attain their dreams with the appropriate mindset and approach. Maybe hard, but achievable. Dont believe others.

[LUCKMCFLY]

I agree with what you say, rich people are more willing to take risks without being afraid of losing the money they are betting on. In contrast to the poor, where they gamble is most likely to be able to win which can help with their financial problems and of course this makes them worried at every round of gambling, they are not ready to lose the money they bet. Apart from that, poor people will only feel annoyed when they experience defeat. What's more, gambling will only result in defeat in the end with the gambling they do because defeat dominates more than winning.

There will always be a huge Difference between social classes, the rich have more opportunities than the poor, the poor always fight to get opportunities, some get them, others look for them and Sometimes they don't get them, I think that the Rich have a clear Advantage over the poor, because the rich can spend a lot of money in a casino and afford to get bored, the poor can't do that, because if they spend a lot of money, then they get Exhausted and have to do a lot of things to ensure their well-being, so the poor will always have all these kinds of Advantages over the poor.

[junder]

I agree with what you say, rich people are more willing to take risks without being afraid of losing the money they are betting on. In contrast to the poor, where they gamble is most likely to be able to win which can help with their financial problems and of course this makes them worried at every round of gambling, they are not ready to lose the money they bet. Apart from that, poor people will only feel annoyed when they experience defeat. What's more, gambling will only result in defeat in the end with the gambling they do because defeat dominates more than winning.

There will always be a huge Difference between social classes, the rich have more opportunities than the poor, the poor always fight to get opportunities, some get them, others look for them and Sometimes they don't get them, I think that the Rich have a clear Advantage over the poor, because the rich can spend a lot of money in a casino and afford to get bored, the poor can't do that, because if they spend a lot of money, then they get Exhausted and have to do a lot of things to ensure their well-being, so the poor will always have all these kinds of Advantages over the poor.

Of course rich people have a bigger chance because they have a lot of money so they can still gamble even though they have lost, they can still gamble. Maybe it's even possible that it is said that rich people win more often than the poor because the amount of their bets is very different. also with their perceptions which I think are different. Rich people gamble in my opinion with small bet amounts, so when they get a big multiplier they can get quite a big win without having to wait for free spins, also with the perception that they may be gambling for fun and not aiming for a complete win.

It is true that with the poor, of course they will not be able to place high bets, because it is very risky for them, what's more, poor people usually gamble to seek profits from the winnings they have to get, they may not even be able to accept the money they bet. is lost. Apart from that, I don't think poor people will feel calm about the gambling they do because their goal is to make a profit, but this can also happen to rich people, so it depends on each individual's perception.

[oktana]

First, I’ll say that it’s because the poor people are more desperate. Secondly, I’ve come to realize that the more money you have, the more chance you have to try again (Incase you initial tries weren’t successful). But for someone who is poor and doesn’t have enough. Once they lose the first few times, all of their money is finished and that ends it.

[I_Anime]

First, I’ll say that it’s because the poor people are more desperate. Secondly, I’ve come to realize that the more money you have, the more chance you have to try again (Incase you initial tries weren’t successful). But for someone who is poor and doesn’t have enough. Once they lose the first few times, all of their money is finished and that ends it.

Exactly, same also implied in trading. That the poor are always desperate which most time cause them alot ( losing alot of their hard earned money). When it comes to trading or gambling one don't need  to have the mindset of getting rich quick with gambling Which is bad because it will make one to be desperate in making it pretty fast. That's is better to gamble for fun than for winning or hitting the jackpot.

The rich normally ain't desperate because they have already made it , all they mostly focus on Is the fun in gambling and most time they know when to stop (call it a day ). Because any lost they experience most time won't freak them they will just take it as a penny . So they won't chase after it risky another Money to get what they have lost .

[Gaza13]

It is clear and certain that the main factor is the capital that can be bet to gamble by the rich, because we know that to pursue victory in gambling requires continuous betting, in this case the rich are benefited because they have a lot of capital, while for some people who only bet once or poor people they need luck to win the jackpot. And the rich gamble just for fun and consider gambling a leisure game, on the contrary for the poor gambling is a short path to success if they win a jackpot or a big prize. This kind of thing should be avoided for such people. Because if you have such thoughts, it will damage the mentality of the poor person.

It does seem that with large capital we can continue playing for a long time, but to me it doesn't look like that. For example, if someone has quite a large capital but spends quite a lot of money every round to make a profit, I think they will quickly run out of capital they in a short time. In my opinion this all depends on how they play a game, even though poor people use not too much capital if they can master the game in my opinion they can also get big profits and can also play for quite a long time too. In my opinion, capital is just a number or nominal value.

[Dailyscript]

First, I’ll say that it’s because the poor people are more desperate. Secondly, I’ve come to realize that the more money you have, the more chance you have to try again (Incase you initial tries weren’t successful). But for someone who is poor and doesn’t have enough. Once they lose the first few times, all of their money is finished and that ends it.

Exactly, same also implied in trading. That the poor are always desperate which most time cause them alot ( losing alot of their hard earned money). When it comes to trading or gambling one don't need  to have the mindset of getting rich quick with gambling Which is bad because it will make one to be desperate in making it pretty fast. That's is better to gamble for fun than for winning or hitting the jackpot.

The rich normally ain't desperate because they have already made it , all they mostly focus on Is the fun in gambling and most time they know when to stop (call it a day ). Because any lost they experience most time won't freak them they will just take it as a penny . So they won't chase after it risky another Money to get what they have lost .

Its always hard to be poor and have patience. It will only take a long time of practicing and making some mistake for one to understand that no matter what maintain focus and steadiness before one can be successful. it is good we let go of the uncertainty in our mind and focus on what we are doing because that is what we distract us from achieving the goal. Being in a rush has made so man people that are into gambling waste money all their time gambling. The percentage of profit to loss is 10% vs 90%. What is the point of gambling if we cannot stay calm and gamble?

The rich sometimes face this issue because of the taste for more money will make them make rash decisions as well. Having the money does not guarantee the success but the composure and discipline does.

[ethereumhunter]

I think that everyone would like to gamble without getting addicted, but unfortunately the gambling world is made so that gamblers play and play casino or card games. Casinos are powerful organizations and they know the psychology of the player very well, and there are also dishonest casinos among them that can adjust the results of roulette or slots in order to influence the psychology of the player in this way.
I mean, when the casino gives the gambler nothing to win at the beginning, so that the gambler can come back and play more.

If they only wants to playing gambling without getting addicted, they must have strong self control and many things to avoids them from the addiction. But it will be difficult as gambling can tempts them easily and will gets them deeper in gambling without have a chance to gets out. Casino will always tempts people to comes in the next days because they will always gives the promotion that can makes people curious and wants to comes.

Both rich and poor gamblers can participate to the promotion without they can control themselves and makes more people gets addicted to gambling. They must realizes that they must limits themselves when playing gambling so they will not spends much money that can makes them lose that money in gambling and more problems will comes to them.

[danherbias07]

I just realized today that if you have more money you have better chances to win a game, especially in slots. I lost a good amount and suddenly a thought entered my mind "What if I have more so that could continue betting and wait for the RTP to click in?". I bet I will make more and probably end up doubling my balance by chance.
Because the poor will lack opportunities to try one more time, they are the victims of the short-losing streaks that happen a lot of times. I've tried jumping in different games spending $1 for each game with the minimum bet of $0.1 and I have not been lucky once trying 10 games. $10 gone just like that and you will have no chance to win it back because you lack the funds while the rich can still continue and maybe have a chance to win it back.

[Stable090]

First, I’ll say that it’s because the poor people are more desperate. Secondly, I’ve come to realize that the more money you have, the more chance you have to try again (Incase you initial tries weren’t successful). But for someone who is poor and doesn’t have enough. Once they lose the first few times, all of their money is finished and that ends it.

What I think is always the problem is that the rich do gamble with big amounts of money on little odds, whereas the poor are always gambling with little amounts on high odds. So the higher your odds, the higher your chances of losing a bet, and the lower your odds, the higher your chances of winning. You will see the poor gamble with a small amount of money, and they will be waiting to win some unreasonable amount of money. Let’s just assume that some gamble with $1, and they will be hoping to win something like $500. This is the reason why they hardly win. The rich might just decide to gamble with $100, and they will want to win back maybe $120. I am just citing an example.