Rich or poor gambler, who should risk more?

[TelolettOm]

-   Maybe when it comes to the amount of money they lose, it's the rich gamblers; of course, they don't feel like they're losing a lot of money, unlike the poor, as long as they can only bet a small amount so they can last a long time playing in the casino.

True. The rich people won't regret it when they spend a small amount of money. But the poor people will regret it whatever the amount of money they spend for gambling. It is because the poor people have no much money, they have limited amount of money. The poor people won't gamble the whole day because they have no enough money. But the rich people may gamble the whole day because they are capable to do it. So, the chance for losing bigger money is surely for the rich people.

But there are other poor gamblers who gamble immediately and bet a large amount immediately or the entire bet immediately so that they don't immediately want to win, but when they win, they don't stop immediately because they think it's lucky that day instead of should have stopped immediately.

It is impossible that the poor people will be with huge money. Where they get the money? If they have huge money, they will prefer to fulfill their daily needs. And about stopping gambling when they win it, it depends on the person, there is nothing to do with the poor status. There is also no guarantee that the poor people can have good luck to win it easily.

[shasan]

Risk is a small amount or big amount is differs from person to person. Those who have 5k$ think a small amount or big is different from those people who have 5 Billion dollars. But the risk should be taken only those amounts which a person can afford to lose. And it depends on the person's affordable. A rich man may not afford the amount which a poor man may do. So, it can not be measured by rich man or poor man.

[Julien_Olynpic]

Of course, a poor person has to take more risks, that's obvious. For a rich person, there is little point in taking risks at all. He can make small bets and they can be quite large in absolute terms. Conversely, a poor player's bet that is large in percentage terms may be minuscule in absolute terms.
     Another thing you can think about is this: why do people play? Many people try to deceive themselves, but in fact people play for a big win, that is, for such a big win that could change their life and lead to financial independence.
    But such a win implies high stakes, which a poor player can hardly afford.

[radjie]

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?

Rich gamblers have enough capital to be able to last longer while in the game, but it all depends on their individual character, if they gamble just for fun of course they will not expect to get back the money they have spent  when experiencing consecutive defeats and can limit them because the goal is to seek pleasure

In contrast to the poor gambler, if he gambles to get income to change his life, he will never get it because he gambles with ambition and will continue to chase big wins, This will result in continuing to do it and feeling addicted which will have an even worse impact on him.

Luck in gambling will come automatically depending on the purpose of gambling and the characteristics of the person playing it

[Fundamentals Of]

A poor man should not even gamble. Why should a poor man play with money when he only has a small amount of it? He is poor, meaning he cannot fully support all his needs. He cannot provide decent food, shelter, clothing to himself and his family. He finds it hard or even impossible for his children to get a decent education. That's what being poor means. So why should he be gambling? I think he has no right to gamble when he can't even provide for his family's needs.

[ethereumhunter]

A poor man should not even gamble. Why should a poor man play with money when he only has a small amount of it? He is poor, meaning he cannot fully support all his needs. He cannot provide decent food, shelter, clothing to himself and his family. He finds it hard or even impossible for his children to get a decent education. That's what being poor means. So why should he be gambling? I think he has no right to gamble when he can't even provide for his family's needs.

Poor people gamble because they are attracted by the prizes that gambling gives the winners, so they use their money to gamble. And even though they can't win yet, they will continue to try to win the gambling game to get money. This mindset must be changed so that they do not waste their money gambling and prefer to use their money for other things, such as meeting their living needs. It would be much better because they would not have to lose money on gambling while they could make ends meet. If he can understand this, he will be able to use his money well and continue to work hard to earn money from his extra work instead of gambling to make money.

[tottong]

A poor man should not even gamble. Why should a poor man play with money when he only has a small amount of it? He is poor, meaning he cannot fully support all his needs. He cannot provide decent food, shelter, clothing to himself and his family. He finds it hard or even impossible for his children to get a decent education. That's what being poor means. So why should he be gambling? I think he has no right to gamble when he can't even provide for his family's needs.

Poor people are more involved in lotteries because here they can bet with much smaller amounts of money, buying two or three numbers for a small amount of money can also give them big wins in the lottery, as long as they are lucky enough to get the right numbers.
Everyone has the right to gamble, but gambling awareness must be based on financial capabilities, so that it does not affect their life journey with their family.
For example, if they cannot afford daily living expenses for their family then should not force themselves to gamble. That's how gambling should be and when we want to engage in it, we have a specific budget that does not interfere with our daily needs.

[Peanutswar]

Their difference is the opportunity, once you say the rich in this part we know that this is not just a one-time millionaire sure the rich person has different assets but if he loses the game in gambling still there's a possible income will come through his pocket, also the rich have more opportunity than the poor because he has the higher chance of having a games that can be get back his losses or wins more double. In the poor they have limited opportunities, the budget is limited because its just an extra money, and also they need to work hard again before they get enough money to play gambling again.

[Bitinity]

It is impossible that the poor people will be with huge money. Where they get the money? If they have huge money, they will prefer to fulfill their daily needs. And about stopping gambling when they win it, it depends on the person, there is nothing to do with the poor status. There is also no guarantee that the poor people can have good luck to win it easily.

It sounds impossible but it is possible, remember the fact that there are some poor who can do anything to get money to gamble such as getting online loan, selling property, or even do crime. That ways, poor (who are already addicted and frustrated) get more money to gamble and may lose everything they have in life. The chance of losing bigger has nothing to do with financial status too because "big" can be something subjective. Big for us can be just small for others, vice versa.

The rich people won't regret it when they spend a small amount of money. But the poor people will regret it whatever the amount of money they spend for gambling. It is because the poor people have no much money, they have limited amount of money. The poor people won't gamble the whole day because they have no enough money. But the rich people may gamble the whole day because they are capable to do it.

Regret is a nature, no matter how rich or how poor a gambler is, he may still regret when he lose in gambling. It depends on the gamblers themselves, gamblers may not regret it if they know how to gamble responsibly regardless their financial condition.

[Jody.Drummer]

A poor man should not even gamble. Why should a poor man play with money when he only has a small amount of it? He is poor, meaning he cannot fully support all his needs. He cannot provide decent food, shelter, clothing to himself and his family. He finds it hard or even impossible for his children to get a decent education. That's what being poor means. So why should he be gambling? I think he has no right to gamble when he can't even provide for his family's needs.

If you look at the background especially from a financial point of view it is clear of course that poor people should never touch gambling at all because this activity will only cause more problems with their finances, but one of the reasons why poor people are involved in gambling is because of the "winning opportunities" that they think it will be easy to realize which is to improve their financial situation. So we must be able to detect the reasons for those who are basically poor but instead get involved in gambling, and as I said above that the main reason they enter and get involved there is because of the opportunity to win, they are so excited by having high confidence and put full hope in winning that this mindset makes them seem to override the aspect of the possibility of losing which clearly cannot be separated in gambling. So the misconception about the chances of winning that exist in gambling makes poor people come to change their lives, when in fact this activity will only make them suffer more.

[maydna]

The rich people won't regret it when they spend a small amount of money. But the poor people will regret it whatever the amount of money they spend for gambling. It is because the poor people have no much money, they have limited amount of money. The poor people won't gamble the whole day because they have no enough money. But the rich people may gamble the whole day because they are capable to do it.

Regret is a nature, no matter how rich or how poor a gambler is, he may still regret when he lose in gambling. It depends on the gamblers themselves, gamblers may not regret it if they know how to gamble responsibly regardless their financial condition.

Regret will come last. Rich people may not have regrets, but there is a small feeling of regret in their hearts that they will not reveal to others and will keep to themselves. Rich people gamble and lose a lot of money. Perhaps that is normal for them, but they also have the potential to win a lot because they bet big money. But if gamblers realize that there is a loss as a result of gambling, they will only gamble enough so that they will not experience deep regret.

What they have to pay attention to is how much they can accept the risk so that they will not gamble excessively.

[EarnOnVictor]

Risk is a small amount or big amount is differs from person to person. Those who have 5k$ think a small amount or big is different from those people who have 5 Billion dollars. But the risk should be taken only those amounts which a person can afford to lose. And it depends on the person's affordable. A rich man may not afford the amount which a poor man may do. So, it can not be measured by rich man or poor man.

Affordability is very important in gambling and I believe this is the first warning to all gamblers, only that they do not often follow it. Well, the rich will always have more money in their possession and getting it ready to be wasted since they do not have much use for it, and at times, it will not even affect them since they have channels that are earning them money. For this reason alone, the poor can't behave in gambling the way the rich would, yet the number of gambles could vary. What I mean by the number of gambling is the number of times they wager, the poor may continue to wager his money consistently and uninterruptedly, but with a little money per betting. Whereas, if the rich are wagering too much per time, he might feel it when it gets to a certain level unless he is a fool, which is not a good characteristic.

We should not be wasting money anyhow, there are other purposes we can use money for even if we want to expel some of the money anyhow. This attitude should still even be reflected as responsible gambling in the rich people whether or not they have enough money for gambling. Above all, if this context is to be adhered to, I stick to the rich here as my choice, they have more money and resources, and even the environment of their gambling at times is so encouraging and entertaining compared to that of the poor. So they are the ones who are supposed to take more risks. Also, in my opinion, even if they are not consistent about it, they are still the ones who are taking the higher risk due to their worth.

[bhadz]

If the answer is about who can risk more, there is no any other answer than the rich. He has more money to gamble and if you will look at the poor gamblers, it's incomparable for obvious reasons. But you know who's better at risk taking? the poor gamblers. And that is because they've been at the lowest and bottom of the cycle of life and they have been taking risk in everyday of living so, these risky things are nothing to them and they'll just take it as something simple and easy like as they gamble.

Yes it is clear because the rich have better financial strength so if the question is like that then obviously the rich can take a much bigger risk, if you compare about the risk taking done by the rich and the poor then actually this is the difference in circumstances that affect the amount of risk taken, for example if according to the rich the amount allocated to the gambling done by the poor is small but for the poor maybe it is a meaningful amount for him and obviously the difference is that different life circumstances make their point of view also different towards the value of money. On the other hand I can't say that poor gamblers don't take big risks or always gamble with a good approach in the sense of being far from excessive because sometimes weak financial circumstances can also be an excuse for them to go overboard in gambling with the aim of getting a lot of winnings to overcome their financial problems in their lives which basically actually is a wrong assumption and idea that will only make them poorer in the end.

Yes, any amount for the poor is meaningful while for the rich there is a possibility that it's normal amount that he can afford to lose. Wherein many of the gamblers rely on their status of life and if they're poor, they're struggling as they gamble. And they can't afford to lose big bucks unlike the rich, they can just freely lose them and be back again anytime. That's the hard situation of the poor gamblers and there's the advantage for the rich ones.

[bbigtart]

A poor man should not even gamble. Why should a poor man play with money when he only has a small amount of it? He is poor, meaning he cannot fully support all his needs. He cannot provide decent food, shelter, clothing to himself and his family. He finds it hard or even impossible for his children to get a decent education. That's what being poor means. So why should he be gambling? I think he has no right to gamble when he can't even provide for his family's needs.

However, in reality, throughout the world, the majority of gambling players are poor people, especially online gamblers. They gamble to change their fate and hope to get good luck from gambling.
In my opinion, this online gambling phenomenon is the cause of unequal employment opportunities in a country, so that many cannot get out of poverty so the choice or path they take is gambling. So it is not surprising that the greatest risk from gambling is among the poor.

As you said, if you gamble, you should at least have enough money to meet your basic needs because nothing is certain about gambling. Another thing about gambling is that if you don't know the knowledge and how to choose or are not an expert then gambling will only be a waste of money. and the side effect is addiction. However, this is different from rich people who have a lot of money, even though they lose they still have a lot of money and most people gamble just as a hobby and looking for fun.

[Fundamentals Of]

A poor man should not even gamble. Why should a poor man play with money when he only has a small amount of it? He is poor, meaning he cannot fully support all his needs. He cannot provide decent food, shelter, clothing to himself and his family. He finds it hard or even impossible for his children to get a decent education. That's what being poor means. So why should he be gambling? I think he has no right to gamble when he can't even provide for his family's needs.

However, in reality, throughout the world, the majority of gambling players are poor people, especially online gamblers. They gamble to change their fate and hope to get good luck from gambling.
In my opinion, this online gambling phenomenon is the cause of unequal employment opportunities in a country, so that many cannot get out of poverty so the choice or path they take is gambling. So it is not surprising that the greatest risk from gambling is among the poor.

That's so true. Many poor people are gambling because they want the easiest way out of their condition. They want the quickest possible way for them to change their fate and live better lives. Many poor people are buying lottery tickets hoping that they hit the jackpot because that's for them the only way to get a turnaround. Not only is this built on false hope, this also speaks a lot of their character and possibly explains why they are poor and remain poor. 

[dezoel]

The poor shouldn't gamble in the first place, they should accumulate as much as possible to build their wealth. If they're keep gamble, that's the reason why they're still poor. Remember, gamble using free bet or faucet isn't gambling since you're risking for nothing.

So it's the rich that should risk more, they have larger money, means they can gamble mores.

I agree, it would be better for those who are rich and have money to take risks because there is also a possibility that they will earn back the money they will lose, unlike the poor, when the money they used is lost, that is a big loss and problem for them, where they will get something to trade with the money they lost.
it's better to those poor people to focus on working and saving instead of adding vices that won't help their lives.

A big loss is when you bet big and I'm sure poor people will mostly risk small since they are only poor anyway. Losing small is not heavy, especially if you have less expectation about gaining something. Poor people have a job too and maybe a business, so they can always have a money again. Only working and saving is boring. And as they say, we can't bring the money in the other world once we perished.

So, it's better if we use it and live the short moment that we have on this planet. It does not mean though that we will now use all of it or we won't save and work anymore. Of course we still must. Everything must have their own limitations.

[borovichok]

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?

Gambling will not change everyone`s fortune and so it is misleading for a gambler to depend on gambling to change his fortune. All gamblers whether rich or poor are aware of the risk in gambling and what constitutes unbearable risk depends on the income of the gambler whether rich or poor. I will not encourage any gambler to be involved in an unbearable risk.

A rich man can become poor through gambling so certain risks are not worth it. As for the poor, it can even create more problems than it solves. My verdict is that all gamblers whether rich or poor should take only bearable risks that is betting with only an amount they can afford to lose.

[Hypnosis00]

A poor man should not even gamble. Why should a poor man play with money when he only has a small amount of it? He is poor, meaning he cannot fully support all his needs. He cannot provide decent food, shelter, clothing to himself and his family. He finds it hard or even impossible for his children to get a decent education. That's what being poor means. So why should he be gambling? I think he has no right to gamble when he can't even provide for his family's needs.

However, in reality, throughout the world, the majority of gambling players are poor people, especially online gamblers. They gamble to change their fate and hope to get good luck from gambling.
In my opinion, this online gambling phenomenon is the cause of unequal employment opportunities in a country, so that many cannot get out of poverty so the choice or path they take is gambling. So it is not surprising that the greatest risk from gambling is among the poor.

That's so true. Many poor people are gambling because they want the easiest way out of their condition. They want the quickest possible way for them to change their fate and live better lives. Many poor people are buying lottery tickets hoping that they hit the jackpot because that's for them the only way to get a turnaround. Not only is this built on false hope, this also speaks a lot of their character and possibly explains why they are poor and remain poor. 

Poor people have different views about gambling as they think that it is the last option for them to improve. Even though they only have a small income, they still manage to spend money on gambling. It is an unfortunate decision but I understand them because even if they work hard, it won't change their status instantly. But having tried into gambling, if they are too lucky, this would change everything. It was just believing into a very slim chance in life but who knows? Their decision looks so wrong but can't judge them either as they also have reasons of doing this.

[DabsPoorVersion]

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Poor people have different views about gambling as they think that it is the last option for them to improve. Even though they only have a small income, they still manage to spend money on gambling. It is an unfortunate decision but I understand them because even if they work hard, it won't change their status instantly. But having tried into gambling, if they are too lucky, this would change everything. It was just believing into a very slim chance in life but who knows? Their decision looks so wrong but can't judge them either as they also have reasons of doing this.

It's a sad reality that many people resort to gambling as a way to escape financial difficulties. They spend whatever little money they have and hope for luck to bring them a better life. We can't blame them for this desperate measure, as they often have no other means of earning money. And then, some people become so focused on gambling and try to make it their source of income that they ignore the risks involved.

[adzino]

Here's the thing that everyone should know or knows about gambling - One should really only be gammbling with money they are okay with losing, which is also known as "disposable income". People who aren't financially well-off usually don't have that kind of cash lying around. So, risking what little they have in hopes of a big win isn't just risky but also it's disastrous since as soon as they lose the money, their future remains undecided and dark. Gambling for fun, with a set budget that you're cool with losing as long as you are enjpying is one thing. But gambling with the hope or expectation of turning your financial situation around is complete a bad idea. The odds are always against you in the long run. Doesn't matter if you are rich or poor. Don't forget, there are people that were once rich and now has nothing thanks to them gambling away everything they had.