Rich or poor gambler, who should risk more?

[TopTort777]

A rich or poor gambler will run at loss if they are gambling to make profit and no one is exempt from losses. The difference is that a poor man will lose the little that he has and get broke while the rich man will lose all he has and get broke because they wager with different amount.

I think you underestimate people. Not every gambler is so dumb and desperate in wish to win huge. Both poor and rich wont bet their last money. Or I dont believe that poor man is in such a need of money, that he would gamble with his last one. I believe (maybe I just have a huge hope in people) that both of them are smart gamblers. As to stupid, reckless and addictive gamblers - those people dont have nationalities, nor they can be divided by their wealth.

[junder]

A rich or poor gambler will run at loss if they are gambling to make profit and no one is exempt from losses. The difference is that a poor man will lose the little that he has and get broke while the rich man will lose all he has and get broke because they wager with different amount.

I think you underestimate people. Not every gambler is so dumb and desperate in wish to win huge. Both poor and rich wont bet their last money. Or I dont believe that poor man is in such a need of money, that he would gamble with his last one. I believe (maybe I just have a huge hope in people) that both of them are smart gamblers. As to stupid, reckless and addictive gamblers - those people dont have nationalities, nor they can be divided by their wealth.

of the many people who gamble, of course not everyone is the same in their perceptions or goals for gambling. Apart from that, it is the same as the decision they will make, of course not everyone will risk the last money they have. I agree with this, because not everyone is obsessed with winning at gambling. There are people who can control themselves well, including their perception and the aim of gambling is not to aim for big wins but to have fun. Also, not all poor people when they need money make the decision to gamble to double the money they have, of course they will think twice about doing that, especially if they don't have confidence in gambling.

In my opinion, there is no definite comparison between rich people and poor people who take bigger risks, if they both have wrong thoughts and mindsets as well as perceptions of gambling, then both of them can take bigger risks. I'm sure this can be differentiated by looking at their behavioral responses and perceptions of gambling in their minds, because that is what will determine what kind of gambling they do.

[Dr.Bitcoin_Strange]

But some persons might argue differently saying that the rich gamblers actually have the advantage of getting a better chance of winning by simply multiplying the staking power and reducing the odd selection although this method is actually certain but a lot of gamblers that I have come across have argued in favor of this technique actually working for them but if you ask me I would say it's still all same one luck because no matter how the odd is small it doesn't certified it's sure.

Well, yea I agree. Gambling is what it is. While that strategy might work most of the time, which I have also experienced it, but it doesn't work all the time that we think it's going to go just as we've predicted it would. Also the strategy doesn't just work for one person, it works for lot of experienced gamblers, both rich and poor.

[l3pox]

Indeed, both rich and poor gamblers have that same sentiments as they think that gambling is a quick way to earn but most of the time it turned agaisnt them, like what you said, if you can't control your emotions then better to stay away since emotions will lead you to push and to add more money in your bankroll.

I like what you mentioned that sharing your good stand with your gambling activities might trigger those people who near you who are also aiming to earn that same outcome.

Indeed, our own behavior determines the future, if we cannot control ourselves well, such as the emotions that control the course of gambling, there is a big possibility that gambling will only be carried out brutally, with us continuing to put money in again and again even though we have experienced consecutive losses. makes us lose a lot of money but we don't care about it because the ineradicable feeling of wanting to win makes us unable to stop gambling.
We must be able to put aside our egos by winning at gambling. Winning is definitely desired by everyone who gambles, but not everyone can get that win, even if those who are rich put in large amounts of money, even that doesn't guarantee that they will be able to win for sure. . It's the same for rich or poor gamblers, if they can't control themselves they can gamble at great risk.

sometimes this makes me think about free will and if our decisions are determined or not
guys like Sapolsky will say it's all determined by genetics
I like to think that it is something in between, a little bit genetics and a little bit behavior, what do you think?

[Wakate]

A rich or poor gambler will run at loss if they are gambling to make profit and no one is exempt from losses. The difference is that a poor man will lose the little that he has and get broke while the rich man will lose all he has and get broke because they wager with different amount.

I think you underestimate people. Not every gambler is so dumb and desperate in wish to win huge. Both poor and rich wont bet their last money. Or I dont believe that poor man is in such a need of money, that he would gamble with his last one. I believe (maybe I just have a huge hope in people) that both of them are smart gamblers. As to stupid, reckless and addictive gamblers - those people dont have nationalities, nor they can be divided by their wealth.

Since we all have different taste when it comes to gambling, we can always ay based on our urge and interest to make quick money. Gambling is quite profitable but not to everybody which is why whether we are rich or not,we don't bet in the same way or pattern. Our love to bet and make money is quite different just like every other person. The most important thing we need to do is to make sure we regulate the way we gamble and stay disciplined so we don't have to end up losing after our greed and urge to make quick money from gambling which is obvious that the money we intend to make is someone else lost fund.

[stomachgrowls]

A rich or poor gambler will run at loss if they are gambling to make profit and no one is exempt from losses. The difference is that a poor man will lose the little that he has and get broke while the rich man will lose all he has and get broke because they wager with different amount.

I think you underestimate people. Not every gambler is so dumb and desperate in wish to win huge. Both poor and rich wont bet their last money. Or I dont believe that poor man is in such a need of money, that he would gamble with his last one. I believe (maybe I just have a huge hope in people) that both of them are smart gamblers. As to stupid, reckless and addictive gamblers - those people dont have nationalities, nor they can be divided by their wealth.

Since we all have different taste when it comes to gambling, we can always ay based on our urge and interest to make quick money. Gambling is quite profitable but not to everybody which is why whether we are rich or not,we don't bet in the same way or pattern. Our love to bet and make money is quite different just like every other person. The most important thing we need to do is to make sure we regulate the way we gamble and stay disciplined so we don't have to end up losing after our greed and urge to make quick money from gambling which is obvious that the money we intend to make is someone else lost fund.

Not taste but different perceptions or views towards things on which it wont really be just that limited to gambling alone but also in other things as well. On the moment that you do make yourself that delusional
when it comes to gambling then it would really be giving out that kind of interest because money making with gambling is really that easy but of course it would really be also easy as well when it comes to loses and this is something that you should really be making yourself having that kind of realization, because on the time or moment that you do find yourself having that kind of approach then losing would really be that devastative
on which it doesnt matter whether you are rich or poor because both do really make use of the money that they do have. The only main difference on here is that you do have that more versatile position
when you are rich because you do have the money that you could really be that make use in compared into those people who are really just that poor or limited funds.

Its really that important that you should really be putting up limits or moderation on how much you would really be spending on gambling because on the time or moment that you would
go beyond these lines then it would really be that a solid indication that you are already addicted to it. This is why it would be depending into someones perceptions on things
and the actions that they are taking.

[sompitonov]

I also think that there is also a difference in that poor players want to win money very much, because it is not available to them and are capable of more aggressive bets without following money management. While rich players do not feel any urgent need to win, they do it primarily to entertain themselves and play with their nerves and adrenaline. They may not get such emotions anywhere, be it an extreme sport or something else. Rich people are more likely to control themselves than poor people, but this does not mean that they can lose everything, so none of them should forget to be careful.

It’s true, because we are all human and the poor want to change their lives and they cannot do this in ordinary everyday work. And so the poor can only count on the fact that their life change will come through the jackpot in the casino. But unfortunately, most of them, on the contrary, will lose in the casino, and this is such a statistic.

Gambling is considered a nightmare for them to eradicate poverty. Casino and gambling are much easier for the affluent and fairly well to do because they have extra spendable money that they set aside for gambling. If one continues to look for the jackpot to escape from poverty, it is mostly unsuccessful. Gambling can be positive for someone only when he allocates a portion of his disposable income for his own mental satisfaction or hobbies. Through this he himself may suffer financial loss or gain profit which is not a hindrance in leading a normal life.

I would like to give advice to those who want to spend more money on bets, this mainly concerns poor people. They should start by looking for higher earnings, although of course I understand that this is extremely difficult to do in the conditions in which they were unlucky to be born. But if their health allows them, then they can reach some heights and earn higher than those who are nearby. And only after the earnings have become decent, then you can start playing very carefully and only observing money management. In general, I would not advise those who are very poor to play at all, because I fear for them. But at the same time, I understand that this is a little entertainment that helps them feel excitement and turns them on.

[Onyeeze]

What I have to say is that, op lock this thread because it seems that many people is spamming the thread and when you read almost everything that five or six wrote you will notice that they have a similar something and the similar things they said has already be enshrined in page 1 and in other page's, so it's high time to observe a repetition of sentences or words in order to complete weekly post quota, let us try to luck some thread we know that we have gotten whatever response we needed to achieve through our questions than to be spamming the thread with already discussed suggestions or solutions

[LUCKMCFLY]

Most times people wins around us can trigger us to increase our gambling activities when we think more of profit when gambling

This often happens in the ad threads of some famous forum sites, because there are people who always win and post their winnings, and this partly incentivizes people, for example, if they win at the slots this makes them think that if that player could, then any player can, so this incentivizes them to do this activity, or what is important is as you say, do it but with total responsibility, if there is no responsibility it is better not to do it, I have always thought that anyone who does this type of activities has to be very moderate when betting, because losing money is not pleasant at all.

[lienfaye]

Most times people wins around us can trigger us to increase our gambling activities when we think more of profit when gambling

This often happens in the ad threads of some famous forum sites, because there are people who always win and post their winnings, and this partly incentivizes people, for example, if they win at the slots this makes them think that if that player could, then any player can, so this incentivizes them to do this activity, or what is important is as you say, do it but with total responsibility, if there is no responsibility it is better not to do it, I have always thought that anyone who does this type of activities has to be very moderate when betting, because losing money is not pleasant at all.

Seeing other gamblers made a fortune in gambling can attract people to try playing as well. It's normal to feel excited and motivated, but just like what you've said, it's important for us to be responsible when we gamble so that we don't end up as addicted. Regardless of you're rich or poor, if you have no discipline, then you'll experience the worse. Therefore, be aware of the consequences for using your money in gambling and prioritize the essential things first, before placing a bet.

[Fredomago]

Most times people wins around us can trigger us to increase our gambling activities when we think more of profit when gambling

This often happens in the ad threads of some famous forum sites, because there are people who always win and post their winnings, and this partly incentivizes people, for example, if they win at the slots this makes them think that if that player could, then any player can, so this incentivizes them to do this activity, or what is important is as you say, do it but with total responsibility, if there is no responsibility it is better not to do it, I have always thought that anyone who does this type of activities has to be very moderate when betting, because losing money is not pleasant at all.

Seeing other gamblers made a fortune in gambling can attract people to try playing as well. It's normal to feel excited and motivated, but just like what you've said, it's important for us to be responsible when we gamble so that we don't end up as addicted. Regardless of you're rich or poor, if you have no discipline, then you'll experience the worse. Therefore, be aware of the consequences for using your money in gambling and prioritize the essential things first, before placing a bet.

That's affects a lot, when you gamble without any limitation chances of becoming addicted is not by far unlike if you gamble with all neccessarry precautions it helps you to be more responsible in taking care of your time and money, both rich and poor as long as they know and understand the risk, as we know along the way most of those who gambles really aiming to make money some are being influenced of other people's luck.

A good example is those who won from lottery they influenced both rich and poor to keep aiming and trying to have that same fate, though it's not an easy task if whatever type of gambling you are involve but as long as you have that limitation and you are responsible enough to facilatate your action then you are good to go.

[danherbias07]

But some persons might argue differently saying that the rich gamblers actually have the advantage of getting a better chance of winning by simply multiplying the staking power and reducing the odd selection although this method is actually certain but a lot of gamblers that I have come across have argued in favor of this technique actually working for them but if you ask me I would say it's still all same one luck because no matter how the odd is small it doesn't certified it's sure.

Well, yea I agree. Gambling is what it is. While that strategy might work most of the time, which I have also experienced it, but it doesn't work all the time that we think it's going to go just as we've predicted it would. Also the strategy doesn't just work for one person, it works for lot of experienced gamblers, both rich and poor.

If it's sports betting then I might agree with a strategy that might work most of the time but as you both said above it doesn't mean it's a perfect strategy, there will always be a time when we make mistakes.
Now, when it comes to casino games and slots, there's no such thing for me. Hit and run might work for the newbies because they are mostly given a chance to win so that they will come back, but for those who had been betting in those games for a long time, I don't thing the same thing could work. There are online gambling sites that show our records of wins and losses, the big ones, and I think that's enough proof that we will be denied to win again after a great win. They are not a charity that will keep on giving us money like it's Christmas. 

[Dr.Bitcoin_Strange]

If it's sports betting then I might agree with a strategy that might work most of the time but as you both said above it doesn't mean it's a perfect strategy, there will always be a time when we make mistakes.
Now, when it comes to casino games and slots, there's no such thing for me. Hit and run might work for the newbies because they are mostly given a chance to win so that they will come back, but for those who had been betting in those games for a long time, I don't thing the same thing could work. There are online gambling sites that show our records of wins and losses, the big ones, and I think that's enough proof that we will be denied to win again after a great win. They are not a charity that will keep on giving us money like it's Christmas. 

Yes, there are many times that mistakes will occur because it is what it is. The casino was designed such that the house has a high percentage of winning. 

Newbies feel tempted because of the luck they experience from their first time of playing, which is what can stand as a factor to attract them back to gambling again, and because they want to win the way they have won on the first try, they will keep trying. I remember when I first played Baccarat and Crash, I won more than I have been winning each time I play it again. 

[GeorgeJohn]

Rich people have the mindset to multiple their generating revenue from different corner but someone who is poor will have interior motive of why not to risk much in gambling, I know very well that so many people who is into gambling  will not risk more in gambling except its the situation whereby they are rich or they have understand the situation first to know the implications. A poor person will think that anything that is involved gambling is waste of time.

[Dewi Aries]

A rich or poor gambler will run at loss if they are gambling to make profit and no one is exempt from losses. The difference is that a poor man will lose the little that he has and get broke while the rich man will lose all he has and get broke because they wager with different amount.

I think you underestimate people. Not every gambler is so dumb and desperate in wish to win huge. Both poor and rich wont bet their last money. Or I dont believe that poor man is in such a need of money, that he would gamble with his last one. I believe (maybe I just have a huge hope in people) that both of them are smart gamblers. As to stupid, reckless and addictive gamblers - those people dont have nationalities, nor they can be divided by their wealth.

Since we all have different taste when it comes to gambling, we can always ay based on our urge and interest to make quick money. Gambling is quite profitable but not to everybody which is why whether we are rich or not,we don't bet in the same way or pattern. Our love to bet and make money is quite different just like every other person. The most important thing we need to do is to make sure we regulate the way we gamble and stay disciplined so we don't have to end up losing after our greed and urge to make quick money from gambling which is obvious that the money we intend to make is someone else lost fund.

But gamblers do not have any advantages in terms of managing the course of wins and losses, this means that maintaining discipline as you say does not mean that it will completely make us win more often or not lose at all, because after all these disciplined actions are included in the risk management category for Minimize the amount of money lost. On the other hand, I understand that everyone has different ways of gambling activities, but whatever method you use and whatever your gambling habits, winning still depends on how good luck you have, meaning that gambling can indeed be profitable, but in the short term regardless of whether you are rich or poor. Basically, when it comes to wins and losses, a gambler will never be able to control the results, because everything happens purely without being able to know, even if for example you win now, that doesn't mean it's a real profit for you because it could be that in the next session you lose and lose. the number of wins you have previously obtained, and this is why gambling cannot be used as a place to make money.

[Accardo]

I think you underestimate people. Not every gambler is so dumb and desperate in wish to win huge. Both poor and rich wont bet their last money. Or I dont believe that poor man is in such a need of money, that he would gamble with his last one. I believe (maybe I just have a huge hope in people) that both of them are smart gamblers. As to stupid, reckless and addictive gamblers - those people dont have nationalities, nor they can be divided by their wealth.

Underestimation is not permissible in mentally oriented activities such as gambling. Where controls can be omitted for monetary fulfilments. It's needless to assume for any body, including you and me. Familiarity with losses breeds greediness and loss of control. A player can normalize this process, and endlessly hope for better moments. Then, in split seconds his bankroll would be wiped out via multiple losses. The very minute a player befriends losing and exterminate the thoughts of seeing it as a warning, it'll be rare not to see him addicted. Mind you, nobody is addiction proof. These are advanced schemes well planned and organized to milk players, so the feeling of underestimation sounds to me that a player, because he's rich or poor could survive addiction if he follows the route leading to it. 

[LUCKMCFLY]

be aware of the consequences for using your money in gambling and prioritize the essential things first, before placing a bet.

This is very true and I really believe that before playing one should prioritize things like that, for example I like to play, but I have expenses, I have to respond to my family, my children, and if I have to spend all my money on them, well I do it without any regrets, maybe the degree of responsibility is very mine and I believe that the parents or heads of families understand me, but when a person forgets that and gets carried away by the emotion of the game and begins to get excited that if he multiplies what he has it will give him that and more, well I believe that that can be a problem, getting excited in that sense is bad, that is why responsibility and knowing how to manage money for me is the secret of everything.

[Accardo]

be aware of the consequences for using your money in gambling and prioritize the essential things first, before placing a bet.

This is very true and I really believe that before playing one should prioritize things like that, for example I like to play, but I have expenses, I have to respond to my family, my children, and if I have to spend all my money on them, well I do it without any regrets, maybe the degree of responsibility is very mine and I believe that the parents or heads of families understand me, but when a person forgets that and gets carried away by the emotion of the game and begins to get excited that if he multiplies what he has it will give him that and more, well I believe that that can be a problem, getting excited in that sense is bad, that is why responsibility and knowing how to manage money for me is the secret of everything.

Perhaps a stability between essential financial responsibilities and gambling activities should be clearly made. It's detrimental to pick the wrong side and distractive to focus only on gambling activities. Families have been folded, destroyed, and undergoing enduring hardship, due to a Father's inability to reduce his playing habit and increase his focus on his family's financial responsibilities. Players in this segment are influenced by their interest in earning enough to fix, once and for all, the financial instability happening in their respective homes. No Father would wish for disaster in his household, but greed supercedes their self control and push them into permitting excessive gambling to take over their life. Thereby, endangering the love and harmony that existed in their homes.

[l3pox]

What I have to say is that, op lock this thread because it seems that many people is spamming the thread and when you read almost everything that five or six wrote you will notice that they have a similar something and the similar things they said has already be enshrined in page 1 and in other page's, so it's high time to observe a repetition of sentences or words in order to complete weekly post quota, let us try to luck some thread we know that we have gotten whatever response we needed to achieve through our questions than to be spamming the thread with already discussed suggestions or solutions

I'd say the same
we can extensively discuss the variations of OPs problem and the nuances but these is just too much
we are already 50 pages deep on this topic

for a thing that we could summarize into:
rich people = more disposable income and will derive more fun from gambling
poor people = less disposable income, likely gambling with money they can't afford to lose in the hopes of making more money, likely losing a lot with few making a lot

done

[nullama]

Most times people wins around us can trigger us to increase our gambling activities when we think more of profit when gambling

This often happens in the ad threads of some famous forum sites, because there are people who always win and post their winnings, and this partly incentivizes people, for example, if they win at the slots this makes them think that if that player could, then any player can, so this incentivizes them to do this activity, or what is important is as you say, do it but with total responsibility, if there is no responsibility it is better not to do it, I have always thought that anyone who does this type of activities has to be very moderate when betting, because losing money is not pleasant at all.

Yeah, but usually gamblers only post when they win, and they keep it quiet when they lose.

Casinos know this, and they actually end up getting free advertisement when gamblers boast about their winnings.

It's all a calculated system carefully designed to pump all the money from the gambler to the casino.