Why the rich win gambling more than the poor.

[AbuBhakar]

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.

This is correct since you have many attempt spin to hit huge win compared when you limited bankroll since slot games is a complete random game. But you should remember that the higher the bankroll means the higher potential loss it might incurred to you since there’s no guarantee that you will the jackpot for the extended you have with your increased bankroll.

Same with superman quote “great power comes with greater responsibility”. This higher bankroll will become a burden to you once losses pile up that’s why it’s important to play using amount that you can afford to lose even if it’s just small because having is the most important goal when gambling.

[Rabata]

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.

A gambler may win big in gambling but it is not certain that they are successful in gambling. Despite owning huge wealth through gambling, they lost everything. There is no gain for the gambler in this kind of gambling. I think it's just a waste of time. It is very important for a gambler to learn self-control before gambling. The more patient a gambler is, the better he becomes at gambling. Winning in gambling is not easy but keeping those winnings is even more difficult. One should practice how to manage gambling by limiting urges and keeping complete control over oneself.

[Ruttoshi]

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.

A gambler may win big in gambling but it is not certain that they are successful in gambling. Despite owning huge wealth through gambling, they lost everything. There is no gain for the gambler in this kind of gambling. I think it's just a waste of time. It is very important for a gambler to learn self-control before gambling. The more patient a gambler is, the better he becomes at gambling. Winning in gambling is not easy but keeping those winnings is even more difficult. One should practice how to manage gambling by limiting urges and keeping complete control over oneself.

If a rich gambler did not have self control on gambling, he will run at big loss, same with a poor gambler. Having a gambling budget and a time limit when gambling can help a lot to mange your bankroll.

The problem that gamblers are having is that they want to make money with gambling, and for that reason they only think of winning without thinking on how to control their losses. If a gambler thinks on how to control his losses, he will not think of chasing his losses, because he will know that to win is by chance and luck.

[slapper]

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 .

Risk-taking is in us. It's our DNA. It inspired us to seek mammoths and discover other continents. Gambling plays on that primordial urge. The mystery and adrenaline surge when the dice or cards fall are it

And yes, jackpot hunting is foolish. Addiction and financial disaster await. It's okay to gamble occasionally. Keep a good relationship with it. Limit your losses, walk away while you're winning, and never gamble more than you can afford

The key is finding the sweet spot where game excitement exceeds losing. Enjoy the journey, not the destination. Never forget why "gambling" is named that. Life is thrilling because there are no guarantees

[salad daging]

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.

Poor people try their luck in gambling, while rich people only entertain themselves in gambling because they have a lot of money so losing money is not so much of a problem for them.
This is indeed a fact where now the poor are more likely to try their luck in gambling than in other ways, not that I am making it up but I see for myself in my own area where the lower middle class on average they play gambling without exception.

Their salaries are mediocre, work is uncertain and even covering family needs is still difficult but when they make money from odd jobs, they always play gambling even though it is with small money, meaning that poor people are more likely to try their luck in gambling.

[Agbe]

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.

I don't know where you got your experience but from my observation the poor wins more than the rich in regular basis. But the amount they win is not big and small amounts and probably because they play with small amount and wherever the rish win, they win big because they play with big amount. But if we talk about frequent win it is the poor. The poor visit and play gambling more than the rich.

[blockman]

A gambler may win big in gambling but it is not certain that they are successful in gambling.

If that one big win of that gambler will declared by himself that it is a success for him, can we do something about that if that's the description of his with gambling?

Despite owning huge wealth through gambling, they lost everything. There is no gain for the gambler in this kind of gambling. I think it's just a waste of time. It is very important for a gambler to learn self-control before gambling. The more patient a gambler is, the better he becomes at gambling. Winning in gambling is not easy but keeping those winnings is even more difficult. One should practice how to manage gambling by limiting urges and keeping complete control over oneself.

While all of those situations might come and happen for an instance, self control and emotional control should be done or else that's going to be a cycle that's hard to stop and you'll keep on doing it.

[Orpichukwu]

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.

To add to that, those who gamble and wager with a higher amount of money when they win also win a larger amount of money compared to those who stake a lesser amount, and they are also known for picking a few games with lesser odds and staking high on them. That is why those who gamble with small money most times out of greed stake little and pick a lot of games with higher odds in order for them to come out with big wins.

[Issa56]

Poor people try their luck in gambling, while rich people only entertain themselves in gambling because they have a lot of money so losing money is not so much of a problem for them.

When you are desperate to make money, you might not be making the money sometimes just because you are desperate. There are some things that you are supposed to do that you won’t be doing just because you are desperate. Rich people will be gambling for fun, so they don’t care if they win or not, they just want to have fun. Their brains are always relaxed when gambling, so they will be able to think well. There are just lots of reasons why rich people win mostly in gambling and poor people lose more.

Their salaries are mediocre, work is uncertain and even covering family needs is still difficult but when they make money from odd jobs, they always play gambling even though it is with small money, meaning that poor people are more likely to try their luck in gambling.

Most youth in my own community take gambling as a source of income because they are not being paid well for their jobs and can’t take care of their families, just like it’s happening at your side, and some are just jobless. But I noticed people gambling in my community, most of them are always losing money instead of winning. The little amount paid from the job they are doing, which is supposed to be used on other things, is always wasted on gambling. So it’s just better they look for other ways to earn money instead of gambling for survival.
 
Sometimes, before they win, the money they will have lost will even be more than the amount they have won, so what’s the use? Some will have lost like five bets before winning one.

[SOKO-DEKE]

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.

How will poor people be winning win gambling like rich people when they always use small amounts of money, hoping for big returns? When rich people gamble, they don't take higher risks like poor people. For example, in football betting, when rich people want to bet, they will just pick up two teams or one team and stake it with a reasonable amount of money just to multiply their money. But you will see poor people picking up, like, 20 teams so they can get higher odds and win big, but they will stake it with a very small amount of money. I know that gambling is all about luck, but the truth is that when you take low risks, there is always a good chance that you may win the bet compared to a person who takes higher risks.

[KTChampions]

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.

I hope you're joking and don't write this seriously 
If a person has the opportunity to put more money into slots, then this is equal to the opportunity to lose more money and nothing else.
This is a game where the longer the distance, the more guaranteed the overall loss.
The only advantage of rich players is the wager; for large amounts, bonuses can be quite significant, but this does not negate the fact that even with this advantage, gambling is unprofitable.

[Zigabel]

A gambler may win big in gambling but it is not certain that they are successful in gambling. Despite owning huge wealth through gambling, they lost everything. There is no gain for the gambler in this kind of gambling. I think it's just a waste of time. It is very important for a gambler to learn self-control before gambling. The more patient a gambler is, the better he becomes at gambling. Winning in gambling is not easy but keeping those winnings is even more difficult. One should practice how to manage gambling by limiting urges and keeping complete control over oneself.

winning big in gambling has never ment success, some people do mistake it to be but they are two different things, its just one been lucky to have one gambling once at a time in the game of gambling but after which it becomes that they are successful if they are able to maintain certain kind of consistency with how often they get to win such games and sometimes the amount, winning once can even mean you were only lucky and may not get to win such amount again after then so most gamblers with a one time big win are only just lucky gamblers and not successful gambler, if you want to be a successful gambler, there should be a track record oh how well you have been able to win as much as you have been able to maintain as a gambler and probably the much you have been able to achieve from the wins too.

[Accardo]

A gambler may win big in gambling but it is not certain that they are successful in gambling. Despite owning huge wealth through gambling, they lost everything. There is no gain for the gambler in this kind of gambling. I think it's just a waste of time. It is very important for a gambler to learn self-control before gambling. The more patient a gambler is, the better he becomes at gambling. Winning in gambling is not easy but keeping those winnings is even more difficult. One should practice how to manage gambling by limiting urges and keeping complete control over oneself.

winning big in gambling has never ment success, some people do mistake it to be but they are two different things, its just one been lucky to have one gambling once at a time in the game of gambling but after which it becomes that they are successful if they are able to maintain certain kind of consistency with how often they get to win such games and sometimes the amount, winning once can even mean you were only lucky and may not get to win such amount again after then so most gamblers with a one time big win are only just lucky gamblers and not successful gambler, if you want to be a successful gambler, there should be a track record oh how well you have been able to win as much as you have been able to maintain as a gambler and probably the much you have been able to achieve from the wins too.

Gambling in a low or high financial state doesn't change what the game is going to look like. I have always thought about the difference of the rich and poor gamblers but still can't succeed in persuading myself enough to think that the rich win better than the poor. The whole scenario is simple. What you wager is the result you'd receive. Wager high amount, and lose or win big amount. Regardless of the known fact of gamblers who have won big amount going back to spend it on the casino again.

Nothing differentiates how players make their choices and the house being in control of how the results operates. Consistently maintaining a winning big strategy that works is not possible. Gamblers are only convinced on such matters of thinking that they can continually win big, because the house expect them to do so, and lose out the funds they've won.

[Ojima-ojo]

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 doesn't have any special place or treatment in gambling and the fact still remains that, why it seems that they make more winning than the ordinary gambler's is because a rich person have more money to bet often with, and as you know, the more you player the likelihood that you will win at a certain stage.


So thay makes it look as if the rich win more than the average gambler since an average gambler will just give up once the lose the money and stay away from gambling.

[HelliumZ]

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 doesn't have any special place or treatment in gambling and the fact still remains that, why it seems that they make more winning than the ordinary gambler's is because a rich person have more money to bet often with, and as you know, the more you player the likelihood that you will win at a certain stage.


So thay makes it look as if the rich win more than the average gambler since an average gambler will just give up once the lose the money and stay away from gambling.

It is quite true that there is no magic for the rich to win more bets than the poor. Rather, it is true that the poor do not have money, so once he loses a bet, he cannot bet again because he has no funds to bet with. If the poor cannot bet then there will be no possibility of profit in betting. The more you can bet, the more you have the possibility of winning, but the poor do not have that ability, so the poor are less likely to win at gambling than the rich.

[Agbamoni]

A gambler may win big in gambling but it is not certain that they are successful in gambling. Despite owning huge wealth through gambling, they lost everything. There is no gain for the gambler in this kind of gambling. I think it's just a waste of time. It is very important for a gambler to learn self-control before gambling. The more patient a gambler is, the better he becomes at gambling. Winning in gambling is not easy but keeping those winnings is even more difficult. One should practice how to manage gambling by limiting urges and keeping complete control over oneself.

winning big in gambling has never ment success, some people do mistake it to be but they are two different things, its just one been lucky to have one gambling once at a time in the game of gambling but after which it becomes that they are successful if they are able to maintain certain kind of consistency with how often they get to win such games and sometimes the amount, winning once can even mean you were only lucky and may not get to win such amount again after then so most gamblers with a one time big win are only just lucky gamblers and not successful gambler, if you want to be a successful gambler, there should be a track record oh how well you have been able to win as much as you have been able to maintain as a gambler and probably the much you have been able to achieve from the wins too.

A one time big win might lead to success depending on the amount that was won. But at the end of the day if the person do not use the money properly to go into a business or investment then the money we get finished at the end of the day there will be nothing will be left to gamble with. I always tell my freind its not to make a big win in life no matter the means you used to make it, the question is your mind in the level of managing that big win. I have seen people make big wins whether in gambling or any other way but went back to level of one. I think we should be prepared at all time which involves reading and learning from people who have passed through the stage.

[boty]

A gambler may win big in gambling but it is not certain that they are successful in gambling. Despite owning huge wealth through gambling, they lost everything. There is no gain for the gambler in this kind of gambling. I think it's just a waste of time. It is very important for a gambler to learn self-control before gambling. The more patient a gambler is, the better he becomes at gambling. Winning in gambling is not easy but keeping those winnings is even more difficult. One should practice how to manage gambling by limiting urges and keeping complete control over oneself.

The winnings obtained by a gambler do not depend on their wealth, even those who have a lot of wealth are likely to experience an addiction to gambling if they cannot control themselves when betting, as you said, it is very true that you need self-control when gambling and don't let it happen. we are played by the bets we play if we cannot control ourselves when gambling of course this will make us experience losses if we continue to gamble without being able to control ourselves, limiting ourselves in gambling is of course very important so that we don't experience big losses if we continue chase the defeats we have suffered.

[Dewi Aries]

I would say that there is no story of rich people winning more often than poor people, because it is basically a fact that the winning opportunities provided by the casino apply to everyone involved in gambling regardless of whether they are rich or poor. Having a good financial situation like that of the rich can never be a guarantee that you will always end the session with a win.

But if we talk about the amount of winnings then obviously it is another thing, because the amount of budget that is bet by the rich and the poor will most likely definitely be different, for example the rich person bets the amount of $100 in one session while the poor person only bets $10 in one betting session, and if for example both are lucky then obviously the amount of winnings generated by the rich person from the session is definitely greater than the poor person, And I'm talking about the amount of winnings but not about how often they win, because in gambling there is absolutely no element of consistency in terms of getting a win, meaning that even if for example the rich manage to get a large amount of winnings but obviously the possibility of their defeat is also certainly greater than the poor.

[Litzki1990]

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.

A gambler may win big in gambling but it is not certain that they are successful in gambling. Despite owning huge wealth through gambling, they lost everything. There is no gain for the gambler in this kind of gambling. I think it's just a waste of time. It is very important for a gambler to learn self-control before gambling. The more patient a gambler is, the better he becomes at gambling. Winning in gambling is not easy but keeping those winnings is even more difficult. One should practice how to manage gambling by limiting urges and keeping complete control over oneself.

Gambling is as easy as gambling but being a responsible person gambling is much harder. I made an account with a gmail and verified the account and then deposited some amount of money in that account and then we can start gambling. Controlling one's emotions in the game, making the right decisions, and not getting addicted to gambling are all very difficult for a gambler. Most gamblers fail at these tasks and find that they cannot take advantage of the gambling results. There is no such thing as rich or poor, those who have the right idea about gambling as well as those who can gamble responsibly will have the last laugh.

[adaseb]

There could be alot of reasons why the wealthy win more than the poor and I don't think luck is a factor. I think it has to do with the fact that the rich usually will have a limit on how much money to bet and they will stick to that limit. If someone has a net worth of $1,000,000 and they lose $1000, they don't really care. But if you take someone who has a net worth of $2000 and they just lost $1000, most likely they will be on tilt and start to revenge gamble to win back that $1000 and we all know what happens in this situation, they end up losing even more money.

So the rich aren't as emotional and they don't get into these tilt situations where they aren't thinking and they start to bet more money than they can afford to lose and end up blowing up their bank account. This same situation applies to trading pretty much. Those which are overleveraged usually are the ones which lose money than those which are trading with a regular spot account.