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Author Topic: Rich or poor gambler, who should risk more?  (Read 9655 times)
Onyeeze
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July 17, 2024, 09:54:16 PM
 #1001

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

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July 17, 2024, 11:04:29 PM
 #1002

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.

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lienfaye
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July 17, 2024, 11:33:22 PM
 #1003

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.

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July 18, 2024, 12:05:50 PM
 #1004

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.

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July 18, 2024, 12:57:01 PM
 #1005

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.  Cheesy

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July 18, 2024, 08:22:48 PM
 #1006

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.  Cheesy

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. 

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July 18, 2024, 08:41:10 PM
 #1007

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.


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July 18, 2024, 10:56:43 PM
 #1008

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.

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July 18, 2024, 11:02:45 PM
 #1009

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. 

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July 19, 2024, 04:51:03 PM
 #1010

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.

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July 19, 2024, 05:24:48 PM
 #1011

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.

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July 21, 2024, 09:50:27 PM
 #1012

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

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July 22, 2024, 07:42:38 AM
 #1013

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.
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July 22, 2024, 08:30:46 AM
 #1014

There have been times where I had a very lean balance on my wallet and I decided to risk it all and I lost, also a time I did risked it all and won. The days of a fat wallet balance I applied some strategy and lost and on another I did same and win so it's just a game of luck and with the casino they cannot differentiate between the risch or poor so it's left with you ro be smart about it knowing that yo can loose at any time and still win at any time either and this is Independent of your stake, not looking at how big it is, drake dis stakes big and lost while others staked small on same game and wonso ita not a matter of rich and poor but a matter of luck which can happen to any of these two persons at anytime and who takes advantage of it the most gets the best off it.
Yes, you are telling me about an experience that I myself have had, where there was a time when I had a small amount of money and gambled and won, and instead I felt defeated. Gambling is unpredictable when we will win and when we will lose, sometimes in a week or even a month I never win at all. There was indeed an increase in the balance at the beginning but it was very small, after that it lost.
No matter how much money we will spend if we are not lucky then we will never win. On the other hand, no matter how small the money we deposit, if we are very lucky at that time, the win will be ours. There are many cases that I have experienced which are almost the same, for example when my friend and I played at the same time. I deposited more money while my friend only deposited a small amount, but the one who won was my friend who deposited a small amount, that's because he was very lucky at that time.

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July 22, 2024, 08:45:22 AM
 #1015

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.
Gambling responsible and have a gambling budget will be a good practice, because it will make you not gamble excessive even when you are not chasing your losses. However, those that gamble for profit are the ones that will risk more because they will not be able to control their emotions and will keep on gambling without knowing when to quit.

If you are rich or poor gambler when you don't know the right time to stop gambling, it will lead to more losses. This is why you should have a time limit for your gambling activities so that when the time elapses, you stop immediately.

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July 22, 2024, 09:03:16 AM
 #1016

If you are rich or poor gambler when you don't know the right time to stop gambling, it will lead to more losses. This is why you should have a time limit for your gambling activities so that when the time elapses, you stop immediately.
Everything will depends on how we know how long we can playing gambling so we can manage our time and will not break that. No matter we rich or poor gambler, controlling all of that is important so we don't lose more and more money. A time limit can be our solution to avoids the big lose in gambling because we can stop gambling immediately without waiting for the winning comes. We know that winning in gambling is difficult so that will not makes us spends too long time to gambling because it will makes us gets more problem. Rich or poor gambler must have limiting their gambling time so they can prevents anything bad that can happens.

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July 22, 2024, 09:14:37 AM
 #1017

If you are rich or poor gambler when you don't know the right time to stop gambling, it will lead to more losses. This is why you should have a time limit for your gambling activities so that when the time elapses, you stop immediately.
Everything will depends on how we know how long we can playing gambling so we can manage our time and will not break that. No matter we rich or poor gambler, controlling all of that is important so we don't lose more and more money. A time limit can be our solution to avoids the big lose in gambling because we can stop gambling immediately without waiting for the winning comes. We know that winning in gambling is difficult so that will not makes us spends too long time to gambling because it will makes us gets more problem. Rich or poor gambler must have limiting their gambling time so they can prevents anything bad that can happens.
The fact is that the excitement draws players in more and more with each bet made. And of course, everything starts harmlessly and easily with the thought that we will play a little and leave with a small win. But the main problem for both poor and rich players is that they change their game tactics while in the game. Planning is what is really important, and if we have planned to lose one small amount in one gaming session, then we must strictly obey this, otherwise there will be no boundaries for the player and he will bet as much as he wants.

As for risk, this is individual for each player. Everyone must decide for themselves whether they want to lose their deposit in one bet or in several, the most important thing is that this does not affect their daily life. Of course, many would do well to observe money management, but if we have a small deposit, then I don’t see anything wrong with risking just one bet, especially if we are still young and have enough time to earn money.

 
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July 23, 2024, 12:59:20 AM
 #1018

The fact is that the excitement draws players in more and more with each bet made. And of course, everything starts harmlessly and easily with the thought that we will play a little and leave with a small win. But the main problem for both poor and rich players is that they change their game tactics while in the game. Planning is what is really important, and if we have planned to lose one small amount in one gaming session, then we must strictly obey this, otherwise there will be no boundaries for the player and he will bet as much as he wants.

As for risk, this is individual for each player. Everyone must decide for themselves whether they want to lose their deposit in one bet or in several, the most important thing is that this does not affect their daily life. Of course, many would do well to observe money management, but if we have a small deposit, then I don’t see anything wrong with risking just one bet, especially if we are still young and have enough time to earn money.
I admitted that the excitement can high anytime and makes us forget about our restriction in gambling. That makes us spends more and more money because we see that we can feels excite and happy playing gambling. We don't remember that playing gambling is just for have fun for a while and not for use much money. That is why many poor people still playing gambling because they feels that excitement and happiness and also they want to win for some money.

When we lost control in gambling, we risks our money and our lost money can become bigger but we will not realize that. In this matter, managing the money will be important too as that will helps us to check how much money that we already use so we can decide to stop gambling. Rich and poor will gets the bigger risk if they lose their control so we must know what we should do if we already have fun.

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July 23, 2024, 10:50:19 AM
 #1019

The fact is that the excitement draws players in more and more with each bet made. And of course, everything starts harmlessly and easily with the thought that we will play a little and leave with a small win. But the main problem for both poor and rich players is that they change their game tactics while in the game. Planning is what is really important, and if we have planned to lose one small amount in one gaming session, then we must strictly obey this, otherwise there will be no boundaries for the player and he will bet as much as he wants.

As for risk, this is individual for each player. Everyone must decide for themselves whether they want to lose their deposit in one bet or in several, the most important thing is that this does not affect their daily life. Of course, many would do well to observe money management, but if we have a small deposit, then I don’t see anything wrong with risking just one bet, especially if we are still young and have enough time to earn money.
I admitted that the excitement can high anytime and makes us forget about our restriction in gambling. That makes us spends more and more money because we see that we can feels excite and happy playing gambling. We don't remember that playing gambling is just for have fun for a while and not for use much money. That is why many poor people still playing gambling because they feels that excitement and happiness and also they want to win for some money.

When we lost control in gambling, we risks our money and our lost money can become bigger but we will not realize that. In this matter, managing the money will be important too as that will helps us to check how much money that we already use so we can decide to stop gambling. Rich and poor will gets the bigger risk if they lose their control so we must know what we should do if we already have fun.
This is how players pay for their interest and curiosity and cannot find their inner brake. In any case, they will find it, the only question will be at what stage they will begin to slow down their gambling games. It often happens when it’s too late and only at that moment does the realization of everything that happened come.

Yes, the poor experience this excitement of happiness, but the rich can also experience it, but at high stakes, so no one is immune from losses, and this can occur in any gaming session, even when the player does not expect it, whether he is poor or rich it's not really important.

 
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July 23, 2024, 04:25:15 PM
 #1020

If you are rich or poor gambler when you don't know the right time to stop gambling, it will lead to more losses. This is why you should have a time limit for your gambling activities so that when the time elapses, you stop immediately.
Everything will depends on how we know how long we can playing gambling so we can manage our time and will not break that. No matter we rich or poor gambler, controlling all of that is important so we don't lose more and more money. A time limit can be our solution to avoids the big lose in gambling because we can stop gambling immediately without waiting for the winning comes. We know that winning in gambling is difficult so that will not makes us spends too long time to gambling because it will makes us gets more problem. Rich or poor gambler must have limiting their gambling time so they can prevents anything bad that can happens.

Yeah either rich or poor Risk should be taken with caution, because gambling is fill with alot of risks because in gambling either one win or lose , so gambling can make one life change for the better by hitting a huge jackpot and at the same time can ruin ones lives when approached wrongly. That's why is good to have good self-control to avoid being a victim of such . Because not all Risk worth taken so either you are rich or poor you should always gamble wisely and responsibly.

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