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Author Topic: Rich or poor gambler, who should risk more?  (Read 4262 times)
nullama
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April 27, 2024, 06:59:57 AM
 #621

~snip~
You know how sneaky luck is, right? It's like trying to hold water in your hands. Luckily, luck isn't based on a magic formula. You have to rely on luck, and luck is a very unpredictable thing. Probability is exactly what you said; it's just a set of numbers that represent the chances of something happening. Those "winning strategies"? Somewhat of a dream they are

Yes, each player has a story. Their wins and losses don't affect anyone else's journey. Trying to get lucky like someone else? That's pointless. There is a lot of uncertainty in the odds, and the house always has a slight advantage. As an alternative to fighting that, why not go in knowing that? As you play, be smart and aware, and enjoy the ride for what it is

Yeah, that's the thing.

Probability will do its thing, and give winnings to a random small amount of people.

Those people will come up with stories about why their won. Maybe one started to gamble that day, other decided it was his last one, another one found the ticket on the street...

It doesn't matter. People will make up reasons why they won, when in reality it was just pure chance, aka luck.

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April 27, 2024, 07:44:30 AM
 #622

In fact, the bad impact of gambling is one's own risk which must be accepted, because gambling is purely one's own actions so it should be acceptable, but most people who gamble cannot control themselves so they cannot accept it. that impact and want to improve the situation, but the steps they take to improve the situation are wrong, they gamble again because they hope that by gambling again it can make them win so they can improve the situation.
It's true, chasing defeat is a very bad action. It is also not recommended to do that, after all there is no guarantee that we will be able to win even if we take actions such as pursuing defeat. because that is the only action that will put us in even more trouble.

It's not quite clear what a gambler will do when he loses, but most players have similar attitude of chasing losses. The casino I think is a psychological object and players should be careful of their emotions. Gambling is still fun when the player reduces his drive for money. And focus on something less addictive in gambling. Like building a good strategy able to bypass addiction. People get what they go for in gambling. Exhibiting irresponsible behavior in gambling will only bring forth addiction. Same way adhering to a smart strategical method will put a gambler away from addiction. It's left for gamblers to know or understand that gambling rewards them according to their behavior.
The most likely thing that gamblers will do when they lose in gambling is to chase defeat, the feeling of wanting to recover the situation can arise with the defeat that has occurred, but this will not happen with those who really understand what gambling is, if they gamble with the aim of making money and the gambling they do ends in defeat then they may take action to recover the situation, which action is likely to also make them lose again in gambling. Moreover, gambling can indeed affect their emotions which will become overflowing, grudges when gambling ends in defeat can make disaster come.
When they gamble irresponsibly such as by chasing defeat, because that action in my opinion is an irresponsible action, where they cannot accept the fact of defeat so they want to turn things around when defeat occurs. Gambling can indeed give them rewards if they are lucky.

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April 27, 2024, 10:52:49 AM
 #623

~snip~
You know how sneaky luck is, right? It's like trying to hold water in your hands. Luckily, luck isn't based on a magic formula. You have to rely on luck, and luck is a very unpredictable thing. Probability is exactly what you said; it's just a set of numbers that represent the chances of something happening. Those "winning strategies"? Somewhat of a dream they are

Yes, each player has a story. Their wins and losses don't affect anyone else's journey. Trying to get lucky like someone else? That's pointless. There is a lot of uncertainty in the odds, and the house always has a slight advantage. As an alternative to fighting that, why not go in knowing that? As you play, be smart and aware, and enjoy the ride for what it is

Yeah, that's the thing.

Probability will do its thing, and give winnings to a random small amount of people.

Those people will come up with stories about why their won. Maybe one started to gamble that day, other decided it was his last one, another one found the ticket on the street...

It doesn't matter. People will make up reasons why they won, when in reality it was just pure chance, aka luck.
Even that, people will still chases their luck by playing gambling longer than usual because they thinks that can attracts their luck to comes. But they are wrong because no one will knows when their luck will comes and the luck will only comes to the right person. Rich or poor people who playing gambling can't knows when their luck will comes so it's better for them not to playing gambling too often. People will tells their stories about their wins and lose but one thing that we should do is not trying to risks our money to chase the wins because that will difficult. When we knows that we don't have luck when we playing gambling, we must decides to stops our gambling activity because that can cause us to lose more money. No one must risks more in gambling, even if they are rich or poor people because playing gambling is part of fun in our spare time.

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Shinpako09
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April 27, 2024, 11:38:14 AM
 #624

Both sides shouldn't take on more risk. Even if the wealthy individual could endure longer, there's still a limit to how much they can handle. While the poor could potentially become richer, and the loss would still have the same impact, still poor. It continues to affect their daily lives, possibly even more significantly due to their limited finances. Regardless of how deep their pockets are, one shouldn't take on additional risk. Gambling is already a risky habit, so why would someone escalate it even further?
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April 27, 2024, 01:52:46 PM
 #625

If we talk about risk, Risking more or less is individually based, as risk tolerance level varies. It doesn't necessarily need to be either the rich or poor both will still face reality of loses. Nobody should risk what he isn't ready and willing to lose wether you are rich or poor, set limits.

Most at times, the poor are often found in this situation, which they see gambling as source of income, thus making gamble without limits, chasing loses, believe the fantasies of casinos.  The poor are desperate, the rich are calm and ain't moved by the losses most at times because they have other means of recovering.

In essence no one should risk more wether rich or poor, set limits and moderation, don't give room for greed.

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April 27, 2024, 02:15:59 PM
 #626

If we talk about risk, Risking more or less is individually based, as risk tolerance level varies. It doesn't necessarily need to be either the rich or poor both will still face reality of loses. Nobody should risk what he isn't ready and willing to lose wether you are rich or poor, set limits.

Most at times, the poor are often found in this situation, which they see gambling as source of income, thus making gamble without limits, chasing loses, believe the fantasies of casinos.  The poor are desperate, the rich are calm and ain't moved by the losses most at times because they have other means of recovering.

In essence no one should risk more wether rich or poor, set limits and moderation, don't give room for greed.
You just made a very good point, it doesn't matter whether an individual is rich or poor cause both are still liable to lose. It's not as if an individual who is rich would not lose money when they take risks in gambling, there in what ever category any individual find themselves in they should risk whatever they won't get all emotional about. But I still insist that the wealthy people are in a better position to risk losing money cause they still got something to fall back to.

 A poor man who see gambling as a means of making money is one who's tried many means of getting financial freedom but things didn't works out and based on the fact that they heard or seen people make huge profit from it, would then decide to try their luck thereby risking all they have. But i don't think it's the right decision cause when you use all you've got to gamble, where would you fall back to in a case where it doesn't make profit.

R


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April 27, 2024, 04:01:20 PM
 #627

Both sides shouldn't take on more risk. Even if the wealthy individual could endure longer, there's still a limit to how much they can handle. While the poor could potentially become richer, and the loss would still have the same impact, still poor. It continues to affect their daily lives, possibly even more significantly due to their limited finances. Regardless of how deep their pockets are, one shouldn't take on additional risk. Gambling is already a risky habit, so why would someone escalate it even further?

That's right, rich people or poor people should not take actions that are at great risk, because this is gambling where there is no certainty in terms of victory, maybe rich people can gamble more freely, it just doesn't mean they can gamble at will, like not caring about what they bet because they feel they still have a lot of spare money, okay they are rich by having a lot of money, but the perception is not like that, even though they are rich they must still be able to have certain limits, because there is no way they will continue to be able to accept losing money because the gambling they do often ends in defeat.

And for poor people who do gambling, the main goal is of course profit, where they want the money to multiply, but that can actually make them frustrated if defeat occurs, by wanting to get a win but we cannot accept defeat it is the same as they let themselves get into trouble intentionally. Poor people definitely do gambling because they want to improve their financial situation, but gambling will not always go well, and can help them in their financial problems.

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April 27, 2024, 04:31:49 PM
 #628

In fact, the bad impact of gambling is one's own risk which must be accepted, because gambling is purely one's own actions so it should be acceptable, but most people who gamble cannot control themselves so they cannot accept it. that impact and want to improve the situation, but the steps they take to improve the situation are wrong, they gamble again because they hope that by gambling again it can make them win so they can improve the situation.
It's true, chasing defeat is a very bad action. It is also not recommended to do that, after all there is no guarantee that we will be able to win even if we take actions such as pursuing defeat. because that is the only action that will put us in even more trouble.

It's not quite clear what a gambler will do when he loses, but most players have similar attitude of chasing losses. The casino I think is a psychological object and players should be careful of their emotions. Gambling is still fun when the player reduces his drive for money. And focus on something less addictive in gambling. Like building a good strategy able to bypass addiction. People get what they go for in gambling. Exhibiting irresponsible behavior in gambling will only bring forth addiction. Same way adhering to a smart strategical method will put a gambler away from addiction. It's left for gamblers to know or understand that gambling rewards them according to their behavior.
The most likely thing that gamblers will do when they lose in gambling is to chase defeat, the feeling of wanting to recover the situation can arise with the defeat that has occurred, but this will not happen with those who really understand what gambling is, if they gamble with the aim of making money and the gambling they do ends in defeat then they may take action to recover the situation, which action is likely to also make them lose again in gambling. Moreover, gambling can indeed affect their emotions which will become overflowing, grudges when gambling ends in defeat can make disaster come.
When they gamble irresponsibly such as by chasing defeat, because that action in my opinion is an irresponsible action, where they cannot accept the fact of defeat so they want to turn things around when defeat occurs. Gambling can indeed give them rewards if they are lucky.

It's irresponsible not to accept defeat as a gambler. Because the game revolves around getting some losses. Players struggle a lot over not being careful of losing in a game. Their thoughts will get so wrong about gambling. As what they wanted is not met and the losses incurred seems too enormous that the gambler wouldn't understand where his flaws are arising from. The game is super tricky especially for the low rollers. Who are deliberately concerned about winning more money in gambling, other than figuring out means of making their experience better. Those times when losses are followed happens to be the worse experience for any gambler. As it's not a feel good moment for anyone. Watching the game playing against you is always painful. And causes anxiety to the player. Thereby accumulating more losses in the process of trying to realize a huge amount of money.


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April 28, 2024, 02:58:31 AM
 #629

Both sides shouldn't take on more risk. Even if the wealthy individual could endure longer, there's still a limit to how much they can handle. While the poor could potentially become richer, and the loss would still have the same impact, still poor. It continues to affect their daily lives, possibly even more significantly due to their limited finances. Regardless of how deep their pockets are, one shouldn't take on additional risk. Gambling is already a risky habit, so why would someone escalate it even further?
Indeed everyone will have similarities in taking big risks depending on their respective finances.
Rich people obviously take risks with much larger amounts of money, but poor people will take bigger risks with relatively small amounts of money because their finances are limited and the only difference is the amount of money used.
Maybe rich people gamble using large amounts of money and for longer periods of time but they will still have limits on the amount of money they can accept to lose, and vice versa for poor people who gamble.

It just that what is wrong and often happens is that risk taking is done for ambiguous purposes, they hope to make money and become rich or richer but they are not aware that the risk taken has large percentage to be accepted.
Risk in gambling will be like the chance of losing and this is 80% compared to winning which only has percentage of 20%.

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April 28, 2024, 03:29:30 AM
 #630

The most likely thing that gamblers will do when they lose in gambling is to chase defeat, the feeling of wanting to recover the situation can arise with the defeat that has occurred, but this will not happen with those who really understand what gambling is, if they gamble with the aim of making money and the gambling they do ends in defeat then they may take action to recover the situation, which action is likely to also make them lose again in gambling. Moreover, gambling can indeed affect their emotions which will become overflowing, grudges when gambling ends in defeat can make disaster come.
When they gamble irresponsibly such as by chasing defeat, because that action in my opinion is an irresponsible action, where they cannot accept the fact of defeat so they want to turn things around when defeat occurs. Gambling can indeed give them rewards if they are lucky.

It's irresponsible not to accept defeat as a gambler. Because the game revolves around getting some losses. Players struggle a lot over not being careful of losing in a game. Their thoughts will get so wrong about gambling. As what they wanted is not met and the losses incurred seems too enormous that the gambler wouldn't understand where his flaws are arising from. The game is super tricky especially for the low rollers. Who are deliberately concerned about winning more money in gambling, other than figuring out means of making their experience better. Those times when losses are followed happens to be the worse experience for any gambler. As it's not a feel good moment for anyone. Watching the game playing against you is always painful. And causes anxiety to the player. Thereby accumulating more losses in the process of trying to realize a huge amount of money.

The most important thing is indeed from their wrong thinking about gambling, gamblers who will feel more risk of loss in my opinion are those who misinterpret gambling and respond to gambling where they think they can make money just by gambling, and maybe this kind of thinking is more dominant in poor people, but that does not mean that rich people do not have this kind of thinking. Even rich people can have wrong thoughts like this. But maybe the rich don't really care about gambling because they still feel they have money to spare. But even though they have a lot of money to spare, it doesn't make them not feel upset about the losses that will occur with their gambling.
It is true what you said, with those who gamble to make money, most likely they will be very disappointed with the final result that will occur is defeat, because for gamblers who already understand the meaning of gambling, most likely they will also be disappointed if their gambling ends in defeat, especially with those who gamble with the aim of making money.

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April 28, 2024, 04:46:44 AM
 #631

Both sides shouldn't take on more risk. Even if the wealthy individual could endure longer, there's still a limit to how much they can handle. While the poor could potentially become richer, and the loss would still have the same impact, still poor. It continues to affect their daily lives, possibly even more significantly due to their limited finances. Regardless of how deep their pockets are, one shouldn't take on additional risk. Gambling is already a risky habit, so why would someone escalate it even further?

Exactly, I've always been of the opinion that no matter if you're rich or poor, the advice is to take risks that are within your means, or what that means is that if you earn $100 per week for example then obviously your gambling budget should not exceed $5 or below which is the amount that you can afford regardless of whether you're rich or poor. However if we are talking about gambling then we will not be able to make the financial situation as a benchmark for someone to take the amount of risk, the question of who should take a greater risk between the rich and the poor I think is a silly or stupid question. Because no matter how rich you are and how much money you have if we are talking about gambling then obviously in the end you can end up being a poor person or a beggar in a short period of time if you treat gambling in the wrong way and overdo it in terms of taking the level of risk.

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April 28, 2024, 07:44:22 PM
 #632

If we talk about risk, Risking more or less is individually based, as risk tolerance level varies. It doesn't necessarily need to be either the rich or poor both will still face reality of loses. Nobody should risk what he isn't ready and willing to lose wether you are rich or poor, set limits.

Most at times, the poor are often found in this situation, which they see gambling as source of income, thus making gamble without limits, chasing loses, believe the fantasies of casinos.  The poor are desperate, the rich are calm and ain't moved by the losses most at times because they have other means of recovering.

In essence no one should risk more wether rich or poor, set limits and moderation, don't give room for greed.
You just made a very good point, it doesn't matter whether an individual is rich or poor cause both are still liable to lose. It's not as if an individual who is rich would not lose money when they take risks in gambling, there in what ever category any individual find themselves in they should risk whatever they won't get all emotional about. But I still insist that the wealthy people are in a better position to risk losing money cause they still got something to fall back to.

 A poor man who see gambling as a means of making money is one who's tried many means of getting financial freedom but things didn't works out and based on the fact that they heard or seen people make huge profit from it, would then decide to try their luck thereby risking all they have. But i don't think it's the right decision cause when you use all you've got to gamble, where would you fall back to in a case where it doesn't make profit.

Poor gambler mostly come to this venue in hope that they can double their money, that kind of misconceptions give that high edge for the casino owners, while in some cases their are rich gamblers who are too lazy to take that huge risk then lose their entire savings, the comparison depends from how individual treats their gambling  participations.

And yes, rich or poor got that similarities both are taking that risk and if once emotions dominates the outcome mostly not in your favor.

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April 29, 2024, 03:22:30 AM
 #633

right and this is not about who is right or wrong instead who is addicted and who is not because that will save the one
and will damage the other , gambling is a luck base game and a super risky that only few percent become winner and
the majority is the loser.
How much are you willing to spend and how long are you willing to stay
With so many gamblers losing at gambling, I think this is a natural thing, because losing at gambling is a certainty that will happen. However, by responding to this defeat, in my opinion, you can see who suffered a big loss. when they can respond to defeat well, this means that when they experience defeat they do not have the desire to continue gambling again under the pretext of wanting to recover their losses. If they can handle gambling well, including the losses that will occur, it won't cause them to lose more.
and that sends us all to the attitude and self control , because how even we have learn from advises yet w are the one that will suffer from this consequences .
chasing losses is the shittest thing a gambler should do so better not to deal with that.
Quote
with those who react wrongly, such as continuing gambling again after experiencing defeat, I think people like this will experience big losses, and this can happen to those who are rich or poor. So it seems that it really depends on their approach to gambling, if you differentiate between rich and poor it seems impossible to be sure, because the rich can be addicted as well as the poor, and if they are addicted then clearly they will not stop gambling in the sense that they will be in a cycle of loss. surely.
I will never act such way because this is the only thing that will makes a gambler a complete loser.

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April 29, 2024, 04:00:41 AM
 #634

The most likely thing that gamblers will do when they lose in gambling is to chase defeat, the feeling of wanting to recover the situation can arise with the defeat that has occurred, but this will not happen with those who really understand what gambling is, if they gamble with the aim of making money and the gambling they do ends in defeat then they may take action to recover the situation, which action is likely to also make them lose again in gambling. Moreover, gambling can indeed affect their emotions which will become overflowing, grudges when gambling ends in defeat can make disaster come.
When they gamble irresponsibly such as by chasing defeat, because that action in my opinion is an irresponsible action, where they cannot accept the fact of defeat so they want to turn things around when defeat occurs. Gambling can indeed give them rewards if they are lucky.

It's irresponsible not to accept defeat as a gambler. Because the game revolves around getting some losses. Players struggle a lot over not being careful of losing in a game. Their thoughts will get so wrong about gambling. As what they wanted is not met and the losses incurred seems too enormous that the gambler wouldn't understand where his flaws are arising from. The game is super tricky especially for the low rollers. Who are deliberately concerned about winning more money in gambling, other than figuring out means of making their experience better. Those times when losses are followed happens to be the worse experience for any gambler. As it's not a feel good moment for anyone. Watching the game playing against you is always painful. And causes anxiety to the player. Thereby accumulating more losses in the process of trying to realize a huge amount of money.

The most important thing is indeed from their wrong thinking about gambling, gamblers who will feel more risk of loss in my opinion are those who misinterpret gambling and respond to gambling where they think they can make money just by gambling, and maybe this kind of thinking is more dominant in poor people, but that does not mean that rich people do not have this kind of thinking. Even rich people can have wrong thoughts like this. But maybe the rich don't really care about gambling because they still feel they have money to spare. But even though they have a lot of money to spare, it doesn't make them not feel upset about the losses that will occur with their gambling.
It is true what you said, with those who gamble to make money, most likely they will be very disappointed with the final result that will occur is defeat, because for gamblers who already understand the meaning of gambling, most likely they will also be disappointed if their gambling ends in defeat, especially with those who gamble with the aim of making money.
The rich don't go into gambling a lot compared to the average people and low income people. But we still have some rich people who find themselves gambling for some reasons best known to them. Later on, we'd see that they also have financial needs which may have brought them into gambling. Sometimes the rich also get greedy in gambling. It's always a tough thing determining who is greedier among the rich and the low income players. Because greed enforces risk.

People take their most risks due to greed. That's why some players would wager their properties and every other belonging of theirs, because they feel it'll get doubled. It's all as a result of greed. Having an eye on what seem simple but difficult to achieve can be detrimental to one's wealth. Despite how huge it may seem. Losing out lots of properties and wealth in gambling can lead to mental disorder. And the illness will consumes more money during the healing process.

I think gamblers who are rich also face big problems in gambling. When a person loses something quite very huge, he will undergo a serious pain and emotional meltdown. If a rich person gets emotionally unstable he'll pass through similar pains like anybody whether rich or poor. Big mistakes in gambling is the risk, and such risks are not favorable to the player's health. Players who take risks are greedily seeking for more money. Trying to advance their financial class through gambling.. it can be risky for anybody to do, but both classes take risk in gambling. Yet, the rich roll more.

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April 29, 2024, 04:21:24 AM
 #635


And for poor people who do gambling, the main goal is of course profit, where they want the money to multiply, but that can actually make them frustrated if defeat occurs, by wanting to get a win but we cannot accept defeat it is the same as they let themselves get into trouble intentionally. Poor people definitely do gambling because they want to improve their financial situation, but gambling will not always go well, and can help them in their financial problems.

Ordinarily, a rich gambler have more resources to spend and risk into the gambling games than the poor gamblers but does not imply that they must take more risk, because everything depends on the habit or character of the individual involved. Some poor people are great risk takers and can stake all their earnings in to gambling and when such people lose their money, they are greatly affected by their loses resulting into psychological trauma and depression in some cases.

Some rich people also take risks of injecting some huge amount of money into gambling games but I see many of them taking calculated risks instead. In the sense that when they lose, it probably only affects the profit they had injected into the gambling but not their entire income or worth. They have more options and opportunities to recover faster than the poor people from any lost. So, whether poor or rich is basically an individual decision, but while a poor man will greatly suffer from the lost, the rich might not necessarily feel the same way.

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April 29, 2024, 05:33:01 AM
 #636

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?

This is a good illustration of having the wrong mindset and it is often projected by people who have little money. How much you're starting with should be pretty much irrelevant to your judgement of risk on the bet. You should only be betting what you can afford to lose, if that is $100k for a rich person or $10 for a poor person, that's what you should use for your bet. Thinking you should gamble more proportionate to your earnings is a bad idea and will lead to your stop being rich if you follow it.

R


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April 29, 2024, 05:43:49 AM
 #637

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?

This is a good illustration of having the wrong mindset and it is often projected by people who have little money. How much you're starting with should be pretty much irrelevant to your judgement of risk on the bet. You should only be betting what you can afford to lose, if that is $100k for a rich person or $10 for a poor person, that's what you should use for your bet. Thinking you should gamble more proportionate to your earnings is a bad idea and will lead to your stop being rich if you follow it.
According to the financial status of the people, the ability to waste money varies from person to person  So if a poor person can afford to waste $10 then a rich person can afford to spend $500+ so different people will have different gambling budgets depending on their financial situation.  But gambling for both would be equally risky. A rich person loses more money on each single loss than a poor person.  Because the bet amount of a rich person must be higher than that of a poor person. so gambling will always be equally risky for the rich and the poor.  So everyone should make a gambling budget according to their financial status and ability to accept losses

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April 29, 2024, 06:19:15 AM
 #638


Ordinarily, a rich gambler have more resources to spend and risk into the gambling games than the poor gamblers but does not imply that they must take more risk, because everything depends on the habit or character of the individual involved.

Maybe your opinion is correct, indeed rich gamblers already have a lot of money so they can easily gamble without any obstacles whatsoever and for poor gamblers it is certain that if they want to gamble they have to think first about dividing the money for their daily needs and leaving some money behind. money to gamble when you want to play.
Yes, and for rich and poor gamblers, they both have to have proper self-control so that when they enter the world of gambling, they don't take too much risk there by gambling excessively.

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April 29, 2024, 06:42:43 AM
 #639


Ordinarily, a rich gambler have more resources to spend and risk into the gambling games than the poor gamblers but does not imply that they must take more risk, because everything depends on the habit or character of the individual involved.

Maybe your opinion is correct, indeed rich gamblers already have a lot of money so they can easily gamble without any obstacles whatsoever and for poor gamblers it is certain that if they want to gamble they have to think first about dividing the money for their daily needs and leaving some money behind. money to gamble when you want to play.
Yes, and for rich and poor gamblers, they both have to have proper self-control so that when they enter the world of gambling, they don't take too much risk there by gambling excessively.

Though there's similarities in terms of risk and the possibilities that both rich and poor will be engage and become addicted, but in terms of capabilities to play without thinking that much is in favor of rich gamblers, same with your arguments, rich people can easily deposit as they don't need to budget their finances in terms of allocating amount of money for their bankroll,

 while with poor gamblers, if they need to address other things before playing, they need to divide the money that they've got then use portion of it for gambling.

Things in terms of capabilities might be different but gambling is gambling and we can't deny that risk is always present.


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April 29, 2024, 06:55:20 AM
 #640

Both sides shouldn't take on more risk. Even if the wealthy individual could endure longer, there's still a limit to how much they can handle. While the poor could potentially become richer, and the loss would still have the same impact, still poor. It continues to affect their daily lives, possibly even more significantly due to their limited finances. Regardless of how deep their pockets are, one shouldn't take on additional risk. Gambling is already a risky habit, so why would someone escalate it even further?

It's true that both of them don't need to risk more just for gambling. Because good gamblers are gamblers who know their limits and gamble within their means - they will not gamble more than they can afford because they think long term and are wise in determining their decisions. Even though in some cases people who risk more can get the jackpot from their gambling, that cannot justify the reason that risking more is normal in gambling.

R


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