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Author Topic: Rich or poor gambler, who should risk more?  (Read 9639 times)
hyudien
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August 12, 2024, 04:29:42 AM
 #1141

It's about being human not about wealth or poverty. We gamble since we want the excitement, the escape, the possibility to challenge the odds. To be honest though, the chances are stacked against us. We ought to get up. Gaming is a tightrope walk, not a career road. It's about recognizing your limitations, embracing the risks, and never betting more than you can afford to lose

Mindful gambling is about damage reduction, not about pushing addiction. It's about teaching folks to risk with their eyes open rather than their wallets wide open. Real risk resides in life, not in a casino. It's about decisions, daring, and living with the results. It's about realizing that playing smart is the only way to win when unpredictability is inevitable
This is about the game that is played, but when this game is played excessively, there will be consequences that are certain to occur. Gambling that is done excessively is certainly no longer gambling to seek joy but there is a desire that must be fulfilled, but to fulfill this desire, sometimes the actions taken are actions that are high risk. We must be able to think clearly and be ready to lose, so it is important to see ourselves by risking what we can afford. That's right, we must be smart in this and in other things, when we have intelligence it will help us to be okay. Gambling is something that is certainly risky, but the risk will not be fatal if we do it properly. In addition, for those who have the wrong mindset about gambling, they will make mistakes in making decisions, and this can happen to those who are rich or poor.

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August 12, 2024, 05:19:22 AM
 #1142

Yeah! By using money a person is willing to spend. You can be a bit more crazy or a bit less than others, but that shouldn't discourage you in any case, or allow the urge to subdue you. The course of action should remain the same.
In gambling, everyone must have control over themselves without relying on other controls because every initial direction is determined by ourselves even though we cannot win gambling in a fairly easy way. But people who always have money to gamble will make their day more enjoyable even if they don't win because gambling can also relieve boredom due to the work atmosphere or the very uncertain environment every day. So we must be able to choose each direction correctly and not in a hurry because gambling is not a race.

Gambling ends up becoming a race if gamblers who play for relaxation start craving it. Those players who can't get over the excitement gotten through gambling may abuse fun gambling. I have read multiple stories of people gambling in their workplace. It's a bit of such abuse. Despite their low interest in winning, self-examination is crucial for these type of gamblers.

Yeah, I wouldn't mix up my work and my hobbies. Each needs concentration, whereas doing both would break it.

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August 12, 2024, 05:07:50 PM
 #1143

~snip~
I think limiting bankroll for these more degen activities or having a limit to play money is a wise thing to do
at the end of the day you'll have a simple tool to protect you from yourself and from your desires
even if you want more money to play if it's not there right at the moment your urge may subside and you'll be able to control yourself.

I think at the end of the day everyone will try to win no matter what.

Some people will be crazy about it and others will try to keep it quiet, but in the end it's the same.

Some people will try to spend more by gambling but as long as they are comfortable with it then that should be OK

yes, I agree that most will probably do it
but probably there's even 1% out of their minds willing to lose and just spend money for the sake of the dopamine, not carrying at all if they are winning or losing and just keep on playing and playing
hitting that button.
Yes, different people would be having that different approach but most of them are to those individuals who hadnt been able to expect on losing their bankroll in a snap and on the moment that they
are really that playing gambling then the priority that they do have in mind is on how to make huge profits without even trying to look up for the risks involved. This is why on the time that they are losing much then this is the time that they do become that too desperate and this is something that they should really be impulsive and in result they will really be making even more deposits until
their loses keeps on piling up. It wouldnt really be that worth on doing so considering that gambling should really be just that be played for fun but on the moment or time that you do find yourself that desperate
then this is where things becomes shit  condition.

do you think most people approach gambling (or anything in general tbh) in a rational way or in an emotional way?
this is one of the big questions to ask ourselves
i think most of the time we approach things in an emotional way.
it's crazy but let's face it.

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August 12, 2024, 05:47:42 PM
 #1144

Yeah, I wouldn't mix up my work and my hobbies. Each needs concentration, whereas doing both would break it.

It's an increasing trouble and players neglect the need to stay responsible. Most players lose productivity in their work place. Because they're gambling at work. That's addiction in a high level. However, if a player decides to make such mistake, he's risking his job opportunity. Gambling is not meant to be misused. It's meant for relaxation after work, not during work.

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August 12, 2024, 06:16:42 PM
 #1145

Yeah! By using money a person is willing to spend. You can be a bit more crazy or a bit less than others, but that shouldn't discourage you in any case, or allow the urge to subdue you. The course of action should remain the same.
In gambling, everyone must have control over themselves without relying on other controls because every initial direction is determined by ourselves even though we cannot win gambling in a fairly easy way. But people who always have money to gamble will make their day more enjoyable even if they don't win because gambling can also relieve boredom due to the work atmosphere or the very uncertain environment every day. So we must be able to choose each direction correctly and not in a hurry because gambling is not a race.

Gambling ends up becoming a race if gamblers who play for relaxation start craving it. Those players who can't get over the excitement gotten through gambling may abuse fun gambling. I have read multiple stories of people gambling in their workplace. It's a bit of such abuse. Despite their low interest in winning, self-examination is crucial for these type of gamblers.
Gambling should really be just that for fun and not for something that talks about making money because on the time that you would really be changing up those thoughts about it then it would really be bringing out that kind of behavior on which its really that inappropriate when it comes to gambling. Talking about on who would really be gonna risking more then it wouldnt really be that something need up to choose. Why?Both are really that risking their money to earn money with gambling. The difference on here is that rich people does have even more and could prolong gambling sessions on which its opposite when you are poor or someone who do have that limited amount of fund on which we know that when it comes into this aspect then it would be pretty obvious on who would be losing more in terms of monetary count but just like on what been said that it would really be just that the same because poor or rich they are both risking their funds. The key on here is that you shouldnt really be going beyond with those limits in speaking on the amount that you would really be gonna tending to lose.

The important thing on here is that you dont make yourself that getting impulsive because on the time or moment that you do find yourself having this kind of approach
then it would really be resulting into further more loses and this is something which isnt recommended.

R


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August 13, 2024, 01:06:11 PM
 #1146

Yeah, I wouldn't mix up my work and my hobbies. Each needs concentration, whereas doing both would break it.

Yeah, but you know that your work will keep paying you every time, whereas with gambling you never know....

That's the thing, and many people haven't picked it up, but basically you can't predict the future.

Many people try to do that and fail bad, and some are actually selling those predictions...

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August 13, 2024, 03:01:37 PM
 #1147

Yeah, I wouldn't mix up my work and my hobbies. Each needs concentration, whereas doing both would break it.

It's an increasing trouble and players neglect the need to stay responsible. Most players lose productivity in their work place. Because they're gambling at work. That's addiction in a high level. However, if a player decides to make such mistake, he's risking his job opportunity. Gambling is not meant to be misused. It's meant for relaxation after work, not during work.
And it should stay that way for a long time.

Luckily, I have never bumped into online gambling while I am still working a day job in an office because if I did, I might do that kind of thing and it would be a waste of time and money which also jeopardizes my job.
We cannot combine these two. The work should be done first and after that, it is when we can finally relax and enjoy gambling more because we have nothing else to think about.
Truly, it's a different level of addiction because a gambler cannot control himself anymore and he is bringing his bad habit to work which could lead to being suspended or maybe worse.

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August 13, 2024, 09:30:23 PM
 #1148

Yeah, I wouldn't mix up my work and my hobbies. Each needs concentration, whereas doing both would break it.

Yeah, but you know that your work will keep paying you every time, whereas with gambling you never know....

That's the thing, and many people haven't picked it up, but basically you can't predict the future.

Many people try to do that and fail bad, and some are actually selling those predictions...

have you ever considered that if you can predict a little bit into the future, even as little as 5 minutes it is enough to make you a trillionaire?
quite crazy when you put it in perspective

with trading, or gambling, pick your poison...
there are no consistent future readers.

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Hirose UK
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August 14, 2024, 03:25:09 AM
 #1149

Yeah, I wouldn't mix up my work and my hobbies. Each needs concentration, whereas doing both would break it.
It's an increasing trouble and players neglect the need to stay responsible. Most players lose productivity in their work place. Because they're gambling at work. That's addiction in a high level. However, if a player decides to make such mistake, he's risking his job opportunity. Gambling is not meant to be misused. It's meant for relaxation after work, not during work.
But I think there are some basic reasons for all of that, those who gamble at work are just entertaining themselves to relieve fatigue after finishing their work which may be draining or mentally draining.
We should be able to think and respond positively to things like this because not all of those who gamble are addicts and of course there are still some who can be responsible and gamble wisely even though the percentage is still very small.

Back to the topic, I want to tell you little interesting thing that I saw directly few days ago.
There were two friends with different backgrounds from rich family and simple family and finances, they watched match in the 2024 Paris Olympics and both made an agreement to bet.
In volleyball final, he who came from simple family spent all his money to bet but my friend who came from rich family and had lot of money refused and preferred to bet smaller amount.
He said that risking large amounts of money for betting is stupidity, from here I think that whether it is rich or poor people, they have different mindsets and different courage in taking risks, rich people do not necessarily dare to take big risks and poor people do not necessarily fear taking the risk of losing money.

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betswift
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August 14, 2024, 06:33:08 AM
 #1150

Yeah, I wouldn't mix up my work and my hobbies. Each needs concentration, whereas doing both would break it.

Yeah, but you know that your work will keep paying you every time, whereas with gambling you never know....

That's the thing, and many people haven't picked it up, but basically you can't predict the future.

Many people try to do that and fail bad, and some are actually selling those predictions...

have you ever considered that if you can predict a little bit into the future, even as little as 5 minutes it is enough to make you a trillionaire?
quite crazy when you put it in perspective

with trading, or gambling, pick your poison...
there are no consistent future readers.

Of course, but it's not really possible at the moment Grin So we should utilize what we can at the moment - real facts processed with the experience we had.

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August 14, 2024, 11:18:57 AM
 #1151

~snip~
have you ever considered that if you can predict a little bit into the future, even as little as 5 minutes it is enough to make you a trillionaire?
quite crazy when you put it in perspective

with trading, or gambling, pick your poison...
there are no consistent future readers.

I mean, that's why there are a lot of services that give you everything for free after 20 minutes.

The only thing that matters is the value right now. After 5, 10, 20, minutes, then it doesn't matter any more, it's known.

That agrees with what you are saying, if you are able to predict those 5 minutes, you will be a trillionaire very soon.

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Baki202
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August 14, 2024, 01:48:52 PM
 #1152

It's an increasing trouble and players neglect the need to stay responsible. Most players lose productivity in their work place. Because they're gambling at work. That's addiction in a high level. However, if a player decides to make such mistake, he's risking his job opportunity. Gambling is not meant to be misused. It's meant for relaxation after work, not during work.

People don't want to know there place in gambling and it been your are rich or poor losing is something you can not avoid just that the rich have money and when they don't win they still have other means that they can fall back to, but the poor or an average person can even bet with all they have I don't think the rich will make that mistake of gambling all they have. One othe differences that the rich have with the poor is not more than from the mindset and the poor will always think the risk is worth taking, if it's not cnvinience then leave it alone their more other games that you can bet on. It's finance will be the one in trouble not even is job he might even end up doing silly things at the office and even taking loans just so satisfy him self and doing that won't be good for is life because a lot of things will be at stake.

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August 14, 2024, 05:01:27 PM
 #1153

~snip~
have you ever considered that if you can predict a little bit into the future, even as little as 5 minutes it is enough to make you a trillionaire?
quite crazy when you put it in perspective

with trading, or gambling, pick your poison...
there are no consistent future readers.

I mean, that's why there are a lot of services that give you everything for free after 20 minutes.

The only thing that matters is the value right now. After 5, 10, 20, minutes, then it doesn't matter any more, it's known.

That agrees with what you are saying, if you are able to predict those 5 minutes, you will be a trillionaire very soon.

i like the copywriting idea (but appliable to all marketing and even to dating) that all you need is knowing how to "transform seconds in minutes"
this is exactly what they are doing, they hook you with free bets and maybe they even pay you knowing that they'll get much more in the future

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nullama
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August 15, 2024, 08:01:13 AM
 #1154

~snip~
i like the copywriting idea (but appliable to all marketing and even to dating) that all you need is knowing how to "transform seconds in minutes"
this is exactly what they are doing, they hook you with free bets and maybe they even pay you knowing that they'll get much more in the future

I was mentioning services like currency conversion rates, stock exchange prices, etc.

They usually give you a delayed stream of data for free, because it's no longer relevant for right now.

This means that if you were able to predict those values, even 20 minutes, then you would have made bank.

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l3pox
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August 15, 2024, 06:28:00 PM
 #1155

~snip~
i like the copywriting idea (but appliable to all marketing and even to dating) that all you need is knowing how to "transform seconds in minutes"
this is exactly what they are doing, they hook you with free bets and maybe they even pay you knowing that they'll get much more in the future

I was mentioning services like currency conversion rates, stock exchange prices, etc.

They usually give you a delayed stream of data for free, because it's no longer relevant for right now.

This means that if you were able to predict those values, even 20 minutes, then you would have made bank.

interesting
makes me think on all that is needed in the backend to have an updated website to check this things
that's probably why bloomberg got so big
it's interesting to think too on everything that is needed for trading view to have up to date information

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Wakate
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August 15, 2024, 08:35:26 PM
 #1156

The gambling is also includes of having a capitalist before begin, and that is why for those that didn’t have enough financial to support their gambling some are ending in poor, for me I cannot not be poor and still have interest on gambling where I can lost the amount that I will not even expect. To en honest the only peoples that enjoy the gambling are the rich ones, since they have already enough they will not cares about the risks that is involved.

Furthermore, why I say that the rich are those that risks any of amount they want, because they’re not like poor that need to hustle before they should get little amounts to use for gamblers so they will be scared to risks big amounts of money their in gambling.
you are right because everything is decided by the starting capital that is intended for the game. Here, as an example, simple mathematics, if a poor player has an initial bank of 5 dollars and a rich one of 100, then the difference between their capitals will be 20 times greater and, accordingly, the rich player can make more bets and has more chances to win.
I have seen gamblers using small fund to win a bigger profits which might not even be possible if we are not concentrate of and discipline to win with all experience out together. Gambling can be a little bit stressful when we are not making any winnings and it is very good for us to be prepared and make sure we make money for us ourselves if we really want to see people learning from us. What differentiate a poor gambler from the rich one is capital. A rich gambler would want to use bigger capital or bankroll to gambler taking few games and putting bigger amounts of money while a poor gambler would want to use his little amount to make huge profits from gambling.

.
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betswift
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August 16, 2024, 07:02:01 AM
 #1157

~snip~
i like the copywriting idea (but appliable to all marketing and even to dating) that all you need is knowing how to "transform seconds in minutes"
this is exactly what they are doing, they hook you with free bets and maybe they even pay you knowing that they'll get much more in the future

I was mentioning services like currency conversion rates, stock exchange prices, etc.

They usually give you a delayed stream of data for free, because it's no longer relevant for right now.

This means that if you were able to predict those values, even 20 minutes, then you would have made bank.

interesting
makes me think on all that is needed in the backend to have an updated website to check this things
that's probably why bloomberg got so big
it's interesting to think too on everything that is needed for trading view to have up to date information

The possibilities are endless, it's just the matter of effort Grin

ethereumhunter
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August 16, 2024, 10:54:00 AM
 #1158

I have seen gamblers using small fund to win a bigger profits which might not even be possible if we are not concentrate of and discipline to win with all experience out together. Gambling can be a little bit stressful when we are not making any winnings and it is very good for us to be prepared and make sure we make money for us ourselves if we really want to see people learning from us. What differentiate a poor gambler from the rich one is capital. A rich gambler would want to use bigger capital or bankroll to gambler taking few games and putting bigger amounts of money while a poor gambler would want to use his little amount to make huge profits from gambling.
Those who gamble using small fund can win a bigger profits but they must have control to takes their profit anytime they win. Many gamblers can not holds themselves from keep playing gambling and risks their money and that makes them lose much money. They don't realizes that they will lose all of their money, no matters if they are rich or poor gamblers. Playing gambling will risks more money for both gamblers so they must know how to minimize their risks so they don't have to lose much money. In this matter, both rich or poor gamblers must pay attention to their money because they can spends more money more than they can afford to lose and that will gives them a big risks of losing the money. That is why all gamblers must not use too much money to playing gambling because the risks behind of playing gambling will takes all of their money.

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madnessteat
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August 16, 2024, 12:54:33 PM
 #1159


The most probable scenario is that the gambler ends up even poorer than before.


But to prevent that from happening, you have to limit your balance for playing, that is, if you have little money, it is best to limit the money for playing and not commit all your money. Personally, that is my strategy, and once things work out, well, otherwise what can happen is that once you lose, you can leave everything there, not bet any more, and that is the most correct thing to do, but you have to have the necessary discipline to not deposit any more money.


I think limiting bankroll for these more degen activities or having a limit to play money is a wise thing to do
at the end of the day you'll have a simple tool to protect you from yourself and from your desires
even if you want more money to play if it's not there right at the moment your urge may subside and you'll be able to control yourself.

I have a few years practiced in my gambling experience limiting the bankroll and I'll be honest sometimes my desires are stronger and in a fit of excitement, I deposit casino money that at first did not plan to use for this.

Therefore, I believe that the risk is in no way related to the financial state of the gambler. The risk of each individual gambler depends only on himself.

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LUCKMCFLY
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August 16, 2024, 06:07:58 PM
 #1160

People don't want to know there place in gambling and it been your are rich or poor losing is something you can not avoid just that the rich have money and when they don't win they still have other means that they can fall back to, but the poor or an average person can even bet with all they have I don't think the rich will make that mistake of gambling all they have.

And for that reason there is so much poverty in the world because poor people focus on looking for quick and Easy money, and things do not work like that a rich person does not play because he is in need, and most poor players play because they need to get out of their situation, then this means that while they are more focused on doing things to get rich, the same System will deny it , Because of the same desperation and that makes them commit and comment more Mistakes , like betting to get back the money that was lost and brings many Consequences.


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