Rich or poor gambler, who should risk more?

[Dewi Aries]

Yes and I think it makes sense with what I said above especially regarding poor people in their involvement in gambling, although I can't fully confirm that it is true but I think if we consider the financial situation of poor people with a rational way of thinking then most likely yes they come with the aim of multiplying their money, logically yes as I said above that someone who is experiencing financial problems will definitely never like losing money, meaning I am quite sure that their goal is not to lose money but to get money.

Of course, that is the reality of the goals of most poor gamblers. They gamble not for fun, but they gamble to get lucky and make money. It's up to how other users view it, but I have to say that it's a fact. I don't need to count the number of people I know who are poor gamblers, their goal in gambling is to double their money in the hope that they will be lucky that day.

Yes and that means they maintain their own stupidity, to be honest maybe some time ago especially when I was a beginner in gambling I also had a mentality like that, in the sense of being so obsessed with winning, but with the slump that I experienced some time ago it really became an experience that taught me a valuable lesson that putting hope in winning in gambling is a big mistake, which in fact indirectly you are directing yourself to various possible bad impacts. As we know that it is indeed difficult to advise people like that, it is difficult to say that it is a mistake when they still think that it is the most correct. So maybe in the end they will also experience what I experienced and I just hope that the slump can tell them that all this time they have been on the wrong path.

Apart from all that of course rich or poor will always be faced with high risks but it also depends on how their approach is and what they are really looking for in gambling, overall if the goal is to get a lot of money then it is clear that their decisions and actions will certainly be much riskier.

In the end yes of course you said the right thing that gambling always provides us with the opportunity to win, but clearly defeat is also another part that will always be possible to happen, and this is why a gambler should not only think about his victory.

The most annoying thing about these people is that they gamble from the results of their hard work that very day. They work not to cover their living expenses and needs, but rather work to fulfill their gambling desires. It's not uncommon for me to find them asking for loans to buy some necessities, while the money they've worked for is spent on gambling.

Well that's what's worrying, as you said that they gamble using the money from their hard work, actually it doesn't matter if they  can manage it properly, in the sense of only  allocating a little of their total income such as 1 - 5% to fulfill their gambling habits, but if it turns out that the percentage is close to 70 - 80% then it is clear that in the end it will be a big  problem, and I am sure that they will always have difficulty in meeting their daily needs, this is why gambling is always recommended to be done  only in moderation, and this is also the reason why we must know and understand what and how the word "opportunity" really  means.

[danherbias07]

It is true that there is no difference between the rich and the poor in gambling because here one's own luck is overestimated. So the better the luck, the more he will win in gambling. However, poor and rich people may have different gambling styles. A rich person can bet again after losing because he has the money to make new bets. In that case a poor gambler bets only a few times and runs out of pocket money very quickly. A rich person has plenty of funds whereas a poor person doesn't have much. If he loses gambling, he has to sell assets and take loans to make new bets.

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

And I think that's the problem with why a rich man can become poor in the future. They do not think about what they have lost because they think they have loads of money but the truth is it will be gone if they keep on playing and losing.

I think the poor gambler has a higher chances to win because he thinks of money so dearly that he won't spend it unwisely. Every round will be important for the poor and would not play hastily just because they want more. They might even withdraw at the mere win of exactly the minimum withdrawal point and they won't be back for a while.

[jossiel]

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

That's the basic difference of rich and poor gamblers.

The poor ones likely to gamble for a few times and when ran out out of luck, you'll never know when will be the next time that they will gamble again.

The rich ones are easy, nice going and have a lot of funds to gamble for as long as they can be.

[Odusko]

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

That's the basic difference of rich and poor gamblers.

The poor ones likely to gamble for a few times and when ran out out of luck, you'll never know when will be the next time that they will gamble again.

The rich ones are easy, nice going and have a lot of funds to gamble for as long as they can be.

gambling is all about risk and for sure it the rich guys will gamble more because he have the resources to do that, and also he can easily recover, so since he takes the highest risk he rich fork will get more rewards because gambling is all about risk, when you don't risk you can rewards and same goes to the poor guys, when they lose, they take a brake from gambling and take long time before they return, and that can limits they amount of winning although it also reduces the level of loses since he won't be gambling and taking risks, so the level of every of his risk is minimize, but for the rich gambler even though he loses he have every thing in place to always bounce back and continue to gamble again without much stress.
I have read in several threads how Drake a popular musician keep losing huge amount of money and still he keeps playing, such a rich guys vhave several means of income asides from his music, he also an ambassador to stake, the world leading cryptocurrency casinos who's gambling sites have been actively growing over the years and a large track record of rewards pay out to such rich gamblers who risk such founds on bets.

[jossiel]

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

That's the basic difference of rich and poor gamblers.

The poor ones likely to gamble for a few times and when ran out out of luck, you'll never know when will be the next time that they will gamble again.

The rich ones are easy, nice going and have a lot of funds to gamble for as long as they can be.

gambling is all about risk and for sure it the rich guys will gamble more because he have the resources to do that, and also he can easily recover, so since he takes the highest risk he rich fork will get more rewards because gambling is all about risk, when you don't risk you can rewards and same goes to the poor guys, when they lose, they take a brake from gambling and take long time before they return, and that can limits they amount of winning although it also reduces the level of loses since he won't be gambling and taking risks, so the level of every of his risk is minimize, but for the rich gambler even though he loses he have every thing in place to always bounce back and continue to gamble again without much stress.
I have read in several threads how Drake a popular musician keep losing huge amount of money and still he keeps playing, such a rich guys vhave several means of income asides from his music, he also an ambassador to stake, the world leading cryptocurrency casinos who's gambling sites have been actively growing over the years and a large track record of rewards pay out to such rich gamblers who risk such founds on bets.

Drake is a different kind of rich person. He's all set for life but there are gamblers that think of themselves to be rich but still taking care of their finances and with their bankrolls.

There's a difference of a rich gambler that knows how to keep themselves stay aware of their bankroll from the reckless ones that just throws money and will recover it through their other means.

Well, there's a bit of difference but still have the same thing in common and that's money.

[Juse14]

And I think that's the problem with why a rich man can become poor in the future. They do not think about what they have lost because they think they have loads of money but the truth is it will be gone if they keep on playing and losing.

I think the poor gambler has a higher chances to win because he thinks of money so dearly that he won't spend it unwisely. Every round will be important for the poor and would not play hastily just because they want more. They might even withdraw at the mere win of exactly the minimum withdrawal point and they won't be back for a while.

I get your point, but let me tell you what I think. There might be another side to this. Yes, maybe poor people are more money-conscious due to their limited resources, but that does not qualify them to have a better shot at winning. Remember, in gambling, luck is the principal decider and not a test of how well one can manage his money.

Wealthy individuals who lose substantial amounts of money while gambling may do so because they feel that they have a significant amount to fall back on. However, this does not indicate that poor people are any safer.

gambling is all about risk and for sure it the rich guys will gamble more because he have the resources to do that, and also he can easily recover, so since he takes the highest risk he rich fork will get more rewards because gambling is all about risk, when you don't risk you can rewards and same goes to the poor guys, when they lose, they take a brake from gambling and take long time before they return, and that can limits they amount of winning although it also reduces the level of loses since he won't be gambling and taking risks, so the level of every of his risk is minimize, but for the rich gambler even though he loses he have every thing in place to always bounce back and continue to gamble again without much stress.
I have read in several threads how Drake a popular musician keep losing huge amount of money and still he keeps playing, such a rich guys vhave several means of income asides from his music, he also an ambassador to stake, the world leading cryptocurrency casinos who's gambling sites have been actively growing over the years and a large track record of rewards pay out to such rich gamblers who risk such founds on bets.

Rich people gamble more; this is because they can take bigger risks and also have the capacity to recover from their losses. In other words, when they take higher risks, the chances of winning higher rewards are also more. However, this does not mean that gambling is a secure or profitable path— even for the wealthy.

If someone like Drake can gamble and continue after losing that much, then maybe what the rich have is the freedom to keep playing even after losing streaks but not an assurance that they will always win.

[betswift]

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

That's the basic difference of rich and poor gamblers.

The poor ones likely to gamble for a few times and when ran out out of luck, you'll never know when will be the next time that they will gamble again.

The rich ones are easy, nice going and have a lot of funds to gamble for as long as they can be.

One has nothing to lose, and the second - everything, so to speak, you are right.

[Quidat]

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

That's the basic difference of rich and poor gamblers.

The poor ones likely to gamble for a few times and when ran out out of luck, you'll never know when will be the next time that they will gamble again.

The rich ones are easy, nice going and have a lot of funds to gamble for as long as they can be.

One has nothing to lose, and the second - everything, so to speak, you are right.

Basically if we do really think up about generally on the situation then both could lose up but as we do all know that poor people would really be at great disadvantage on here on which we know
that when it comes into this aspect then they are really that losing it all on just few bets on which this cant be possible into those people who are rich ones. They might that get bankrupt
but it would really be happening for a while or longer duration specially they do have that financial capability on things. The hard part on this one is on talking about recovery on which
we know that when it comes to this aspect on the time or moment that you do find yourself having no control. There's no such thing about unlimited fund.
It is really just that poor would really be losing it all in a short period of time.

[irsykes]

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

That's the basic difference of rich and poor gamblers.

The poor ones likely to gamble for a few times and when ran out out of luck, you'll never know when will be the next time that they will gamble again.

The rich ones are easy, nice going and have a lot of funds to gamble for as long as they can be.

One has nothing to lose, and the second - everything, so to speak, you are right.

Basically if we do really think up about generally on the situation then both could lose up but as we do all know that poor people would really be at great disadvantage on here on which we know
that when it comes into this aspect then they are really that losing it all on just few bets on which this cant be possible into those people who are rich ones. They might that get bankrupt
but it would really be happening for a while or longer duration specially they do have that financial capability on things. The hard part on this one is on talking about recovery on which
we know that when it comes to this aspect on the time or moment that you do find yourself having no control. There's no such thing about unlimited fund.
It is really just that poor would really be losing it all in a short period of time.

There is nothing that forbids poor people to gamble, but it is forbidden to cry because of their own uncontrolled actions that become destroyed. The way of thinking of people who already have enough money must have thoughts about additional money like the head of the family, for example "father". Trapped by economic factors but running to gambling in the hope of luck for the family, the extraordinary struggle on the other side they know the risks that occur and they fight the harshness of the world.

[Furious 7]

There is nothing that forbids poor people to gamble, but it is forbidden to cry because of their own uncontrolled actions that become destroyed. The way of thinking of people who already have enough money must have thoughts about additional money like the head of the family, for example "father". Trapped by economic factors but running to gambling in the hope of luck for the family, the extraordinary struggle on the other side they know the risks that occur and they fight the harshness of the world.

Indeed, no one will prohibit it because in the end, the conditions and all forms of consequences are borne by the gamblers themselves regardless of whether they are rich people or poor people, all the same when they gamble then they are responsible for what they do. The problem is that sometimes the goals of the rich and the poor in looking at gambling are different and this is what is worried about because surely we know that most poor people to gamble is to improve their economic conditions by expecting large profits in gambling which will be used to make their economy better.

This is not right because this will actually make them lose their way in gambling because their goals are a little wrong especially they sometimes use all the money they have to gamble which makes this very more risky than the rich people who do it. Tbh this condition makes them have to think more clearly but when their thoughts are already covered with the ambition of big profits without seeing the risk of defeat which will certainly be much greater in gambling they are not ready to accept it.

[baeva]

It is true that there is no difference between the rich and the poor in gambling because here one's own luck is overestimated. So the better the luck, the more he will win in gambling. However, poor and rich people may have different gambling styles. A rich person can bet again after losing because he has the money to make new bets. In that case a poor gambler bets only a few times and runs out of pocket money very quickly. A rich person has plenty of funds whereas a poor person doesn't have much. If he loses gambling, he has to sell assets and take loans to make new bets.

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

And I think that's the problem with why a rich man can become poor in the future. They do not think about what they have lost because they think they have loads of money but the truth is it will be gone if they keep on playing and losing.

I think the poor gambler has a higher chances to win because he thinks of money so dearly that he won't spend it unwisely. Every round will be important for the poor and would not play hastily just because they want more. They might even withdraw at the mere win of exactly the minimum withdrawal point and they won't be back for a while.

The scheme you described is more like a kind of betting sport, but the truth is that both the rich player and the poor player can get carried away and then both risk losing all the money. A poor player will indeed bet more carefully because he knows the value of money, but when you win time after time the boundary of permissibility and adequacy blurs a bit and the most interesting thing begins. So both sides are equally susceptible, really.

[irsykes]

There is nothing that forbids poor people to gamble, but it is forbidden to cry because of their own uncontrolled actions that become destroyed. The way of thinking of people who already have enough money must have thoughts about additional money like the head of the family, for example "father". Trapped by economic factors but running to gambling in the hope of luck for the family, the extraordinary struggle on the other side they know the risks that occur and they fight the harshness of the world.

Indeed, no one will prohibit it because in the end, the conditions and all forms of consequences are borne by the gamblers themselves regardless of whether they are rich people or poor people, all the same when they gamble then they are responsible for what they do. The problem is that sometimes the goals of the rich and the poor in looking at gambling are different and this is what is worried about because surely we know that most poor people to gamble is to improve their economic conditions by expecting large profits in gambling which will be used to make their economy better.

This is not right because this will actually make them lose their way in gambling because their goals are a little wrong especially they sometimes use all the money they have to gamble which makes this very more risky than the rich people who do it. Tbh this condition makes them have to think more clearly but when their thoughts are already covered with the ambition of big profits without seeing the risk of defeat which will certainly be much greater in gambling they are not ready to accept it.

minority or majority of gamblers from the lower middle class. because I often see it often happens when in different environments. very concerning is the existence of excessive opinions about gambling because the impact is beyond control which is very dangerous. must be wise if you don't want to fall but most of them are carried away by lust

[Jody.Drummer]

There is nothing that forbids poor people to gamble, but it is forbidden to cry because of their own uncontrolled actions that become destroyed. The way of thinking of people who already have enough money must have thoughts about additional money like the head of the family, for example "father". Trapped by economic factors but running to gambling in the hope of luck for the family, the extraordinary struggle on the other side they know the risks that occur and they fight the harshness of the world.

gambling is a game that is free to be done by anyone as long as they have money and other requirements. for poor people of course they definitely want a way to make money quickly and with this gambling many people are deceived because they think that this gambling can make them get money quickly can be seen from the many cases of bad impacts that occur because there are so many people who hope fully for gambling to be able to win but with that they only experience bankruptcy financially.
It is not an extraordinary struggle when a head of a family decides to gamble with the aim of hoping for good luck and helping his economic problems which are not good, even though there is a chance to win because of luck but there is no certainty of winning or not and there is no certainty with the amount, so if you do have economic problems you have to find a way out with things or methods that are indeed right such as working, which may be better than making a decision on gambling.

[LUCKMCFLY]

They are desperate, and bad bets follow from it.

The worst thing you can do is to gamble every time you play, do it out of desperation or the need to win by force, because it is money that you have for something in particular and if you lose, things will be worse. I did not play like that, because that is something that does not fit with absolutely anything of what I am looking for, that is turning an experience that should be fun into a total nightmare, because if you lose that money, the person will be in a very bad way, because spending money that you were not willing to lose is a very bad thing.

[l3pox]

However, gamblers have many types of mistakes in their approach due to which they face losses. Both classes of gamblers make mistakes, not the difference between the rich and the poor, if they are not experienced in gambling, they will surely lose. But I think rich people don't suffer much loss to succeed, but they can easily re-accumulate their lost money by gambling again later. But when a poor person loses, it takes a long time to re-accumulate that person's money because he has to work hard and then participate in gambling. In that case, it takes time for the poor to achieve financial success, but the rich can achieve success very easily because of their money.

I think you're mistaken. If you have capital, it does not mean that it is easier for you to multiply your money. An example of this can be thousands of bankrupt companies that had huge amounts of money in circulation before bankruptcy. Besides, a poor person like a rich person can invest his money in cryptocurrencies, stocks, bonds, etc. That is, he has all the same tools to not only protect his money from inflation, but also to multiply it. Why they do not use these tools is a big question.

You are right here that the rich person can misuse his money and get a loss more than the poor or a middle class person. It is not about having ample amount of money but it is more about having strategically better approach  with which a person can invest and double or triple his money and not lose it.

The first thing is to have a plan on how to do good investment in anywhere including gambling and then when a person find some perfect strategy then if he is rich then he can get more rich quickly as compared to the poor person because he do not have the money to invest in the right approaches.

I have the feeling that many forum members think that a rich person gets money easier than a poor person. That's a misconception. Everything depends on the person himself, not on how much money he has. There are many examples when a poor person has achieved very great successes in his life and the reason for this was only his aspiration, desire to become better and hard work. A poor person remains poor because he is afraid to experiment, to learn something new, to take risks, to use his money correctly. So the chances are equal for everyone - in real life and in gambling.

it depends but when we talk about disposable income it is obvious that rich people have it and poor people don't.
I agree that there are rags to riches stories and some will be able to keep the money, some other won't, mostly because of mindset, but the person disposable income should be conted
there are poor people taking loans and gambling thinking they'll make it and losing it all

[Sim_card]

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.

That's the basic difference of rich and poor gamblers.

The poor ones likely to gamble for a few times and when ran out out of luck, you'll never know when will be the next time that they will gamble again.

The rich ones are easy, nice going and have a lot of funds to gamble for as long as they can be.

Do you know that if the rich gambler loses self control over gambling, he will become addicted and gamble can wreck him into a poor man because it is very easy for that to happen. I have seen several rich men who became broke due to excessive gambling and it ruined their lives from riches to poverty. Gambling is same as doing drugs so what matters is self control and self discipline for one not to become an addict and lose everything to gamble.

[irsykes]

There is nothing that forbids poor people to gamble, but it is forbidden to cry because of their own uncontrolled actions that become destroyed. The way of thinking of people who already have enough money must have thoughts about additional money like the head of the family, for example "father". Trapped by economic factors but running to gambling in the hope of luck for the family, the extraordinary struggle on the other side they know the risks that occur and they fight the harshness of the world.

gambling is a game that is free to be done by anyone as long as they have money and other requirements. for poor people of course they definitely want a way to make money quickly and with this gambling many people are deceived because they think that this gambling can make them get money quickly can be seen from the many cases of bad impacts that occur because there are so many people who hope fully for gambling to be able to win but with that they only experience bankruptcy financially.
It is not an extraordinary struggle when a head of a family decides to gamble with the aim of hoping for good luck and helping his economic problems which are not good, even though there is a chance to win because of luck but there is no certainty of winning or not and there is no certainty with the amount, so if you do have economic problems you have to find a way out with things or methods that are indeed right such as working, which may be better than making a decision on gambling.

People who have a mediocre income will try several things such as gambling for example to make money. However, the mindset formed through gambling if the results are betrayed will definitely be even more destroyed. However, if it is to seek entertainment or check their luck, maybe they will not be swept away by the strong current. If the basis of logic is strong, it will definitely be controlled

[Kavelj22]

A rich gambler is supposed to take more risks, but the reality can be more complicated. Wealth provides a greater ability to take financial risks without impacting daily life. Therefore, a rich gambler may be more willing to risk large amounts, because he can recover losses more easily.

In contrast, a poor gambler may avoid large risks because losing a large amount of money could have serious consequences on his life. However, psychological factors such as addiction and desperation may cause a poor person to take greater risks in a desperate attempt to improve his financial situation.

[hahay]

A rich gambler is supposed to take more risks, but the reality can be more complicated. Wealth provides a greater ability to take financial risks without impacting daily life. Therefore, a rich gambler may be more willing to risk large amounts, because he can recover losses more easily.

In contrast, a poor gambler may avoid large risks because losing a large amount of money could have serious consequences on his life. However, psychological factors such as addiction and desperation may cause a poor person to take greater risks in a desperate attempt to improve his financial situation.

Do you realize, when rich gamblers bet with big money it is because they have the ability and courage to bet with their financial capacity. But with that, I think poor gamblers can also do that with their ability and dare to bet with big ones too but based on their financial capacity. With that assumption, then I think poor gamblers and rich gamblers are the same, both have their own risks in gambling.

So, it does not mean that rich gamblers have a greater risk than poor gamblers because after all,  when poor gamblers bet with the maximum ability with the finances they have, then in fact poor gamblers also take big risks. So,for me there is no difference between rich and poor gamblers, because of course they have their own risks, both big risks and small risks and it depends on the limits they have too.

[Crypto Library]

Gambling an activity for fun also has the chance to turn someone's fortune. Calculated risk when taken in gambling can be the way to big wins from gambling. Who do you think should take more risk in gambling? The rich gambler or the gambler who is not yet rich. If a rich gambler takes risks in gambling, they are risking losing money and becoming poor from gambling, or getting richer, when a gambler who is not yet rich gambles, they can also get poorer or richer, so the gambler who should take the risk should be the gambler who can handle the dangers of the risk like losing too. When a rich gambler loses from taking a risk, there is a better chance of them being in a position to manage with the losses, than someone struggling financially who a big loss will really affect. So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?

It is not about the Rich or the poor gambler here the important thing is how they can afford to loose what will not impact to lead them a happy and healthy life that amount of gamblers should take risk I will say we should make the categorize by the rich and the poor gambler it should be those who can afford fund to play gambling. After all gambling for only entertainment not a investment thing.

Here I want to say by example like you have 300$ to go on a tour and on the other hand your neighbor have 3k$ for tour here definitely the tour place will can't be same like that neghibor. I want to say gambling is same as like this be on your limit take that risk for the entertainment not as purpose of money making.