Rich or poor gambler, who should risk more?

[Hamphser]

However, gamblers have many types of mistakes in their approach due to which they face losses. Both classes of gamblers make mistakes, not the difference between the rich and the poor, if they are not experienced in gambling, they will surely lose. But I think rich people don't suffer much loss to succeed, but they can easily re-accumulate their lost money by gambling again later. But when a poor person loses, it takes a long time to re-accumulate that person's money because he has to work hard and then participate in gambling. In that case, it takes time for the poor to achieve financial success, but the rich can achieve success very easily because of their money.

for you to admit that the effect of losing in gambling by both rich and poor aren't the same simply means that you know much about gambling. Losing money in gambling is one painful experience you wouldn't want happen to you so regardless of one's social/financial class the effects of losing in gambling is almost the same. But for the rich, it's easier to recover his losses through other ventures that fetches him money but to the poor, it'll take so long to overcome the pains of losing money. Personally, I feel the poor shouldn't take huge risk in gambling since it'll be extremely difficult for them to afford the effect of losing huge.

In speaking about on the amount that both rich and poor are really that risking then it would really be that totally different in terms of the amount but on the moment on talking about on the risks involved
then it would really be that just the same. Risking will really be that just the same on which being lucky would really be that totally all the same or simply being random. Who should really be risking more?
It would really be that understandable that risk factor would really be that random and luckiness will really be that differentiated. The only difference about on the amount will that rich people
would be losing more but we know that since they are rich then they could afford it out, unlike with those poor ones then recovery would really be hard.

[TribalBob]

However, gamblers have many types of mistakes in their approach due to which they face losses. Both classes of gamblers make mistakes, not the difference between the rich and the poor, if they are not experienced in gambling, they will surely lose. But I think rich people don't suffer much loss to succeed, but they can easily re-accumulate their lost money by gambling again later. But when a poor person loses, it takes a long time to re-accumulate that person's money because he has to work hard and then participate in gambling. In that case, it takes time for the poor to achieve financial success, but the rich can achieve success very easily because of their money.

what is called a mistake is still a mistake, there is no such thing as rich or poor in my opinion, everything is a risk in gambling, and it is certain that even the richest person if they are addicted to gambling will definitely run out of all their wealth, there are too many cases like this, if they easily get money when they have lost everything, it could be a significant question where their funds come from,

[Hispo]

...
It's about opportunity not about intelligence or stupidity. The impoverished lack options; the privileged do. So ask yourself: what decisions do people truly have before you criticize someone for purchasing a lottery ticket?

Right, that is a rather controversial topics and point of view, but we (who live in developing countries) understand perfectly what drives people in economical disadvantage to gamble and play lottery as often as they do.
I personally try not to judge those who play lottery, it is a way for them to hold onto hope things could change for good suddenly, also added to the fact many of them are bombarded with advertisement on who some lucky winners managed to become millionaires and get out of poverty. It is true that people living in poverty are not supposed to gamble, but I try not to judge them if they decide to buy a lottery ticket from time to time.
Though, it is important to point out, buying a lottery ticket is very different from being addicted to gambling and throw all one's money into the toilet and flush it away...through fast paced games like slots.

[LUCKMCFLY]

Let us not forget that both gamblers will gamble with what they can afford and based on their income.

That's what it's about, except with the Example you gave, a person who has $10k to bet and didn't have that money, but if he did have it to bet in a casino, I think he would Still spend the Same $100 and not $10k, the difference is that the person with fewer resources would solve his life a lot for at least a few months with that money and would get healthier fun, because $100 won't hurt much if he Loses it , but I'm sure that a Rich person who has $100 to spend Wouldn't know how to gamble.

[Blitzboy]

Yes, what I mean is also in that direction, my friend, people who are truly rich definitely know what makes sense and what doesn't, they have a rational way of thinking in every response to everything they find, although of course they will not be free from failure, but when they dedicate themselves to the right place, in the end the failure will turn into success and not including gambling, it doesn't mean they are not involved at all in gambling, but what is certain is that they most likely only make gambling a place to fill their free time without putting any hope of always being able to make money.

On the other hand, one of the reasons why I assume that poor people are people who are most likely to make gambling a place to make money is that we can see from their financial situation, they will never like losing money because it is clear that they are in a difficult situation in their finances. Gambling for entertainment will only be done by people who are ready to lose money, meaning I am quite sure that poor people come with the intention of multiplying the money they bring along with high hopes.

yes, you are right, and what poor gamblers do tends to prefer to increase the risk of their gambling. such as betting more than their previous allocation. They hope to win a larger amount of money. and of course, poor gamblers do not like to lose because it will worsen their finances if they end up betting more than what they can afford to bet.

although rich gamblers also have high risks in determining bets. but poor gamblers are more likely to dare to increase the risk than rich gamblers. the impact received by gamblers is certainly different when they experience loss.

gambling always allows us to win. but also allows us to lose. so whatever we bet should have been considered within the limits of each gambler's financial tolerance.

The poor folks chasing losses with bigger bets? Thats not just bad luck, its financial suicide. Rich people gamble differently. They can take a hit without missing a meal. Its not about being braver, its about having a safety net. Poor folks dont have that luxury. Its a sad truth, but gambling often highlights the harsh reality of financial inequality.

We need to be straight with ourselves about gambling. Its not just fun and games. Its about calculated risks, and the stakes are high. We need to encourage responsible gambling, not just because its the right thing to do, but because its good for the future where smart economics are made. Lets protect the most vulnerable players from making decisions they cant afford

[Huppercase]

I have the feeling that many forum members think that a rich person gets money easier than a poor person. That's a misconception. Everything depends on the person himself, not on how much money he has. There are many examples when a poor person has achieved very great successes in his life and the reason for this was only his aspiration, desire to become better and hard work. A poor person remains poor because he is afraid to experiment, to learn something new, to take risks, to use his money correctly. So the chances are equal for everyone - in real life and in gambling.

A rich person just happen to be a person that has much opportunity to get much more money while a poor person or an average person has a small way. However, the struggle on how we make this money is what make us feel pain about the money. A person that do make money through money laundering will be consider a rich person but I'm not sure if he spend such money in gambling is going to feel the same thing with a person that work for 30 days to make the same money.

If you work for your money and try to gamble it, you will feel the pain in all your body but even as a poor person, if you are given money for free and didn't work for it and gamble it, you might not really feel the pain like that compare to if you have really work for it.

[I_Anime]

Let us not forget that both gamblers will gamble with what they can afford and based on their income.

That's what it's about, except with the Example you gave, a person who has $10k to bet and didn't have that money, but if he did have it to bet in a casino, I think he would Still spend the Same $100 and not $10k, the difference is that the person with fewer resources would solve his life a lot for at least a few months with that money and would get healthier fun, because $100 won't hurt much if he Loses it , but I'm sure that a Rich person who has $100 to spend Wouldn't know how to gamble.

To me using $100 to gamble is way too big to be considered as what one can risk  . Though most people sees as small amount of money but there's certain amount of $100 you may loss and think is a small amount of money, but when it will get to point you will know that the amount of money you considered small turnup to be something huge after calculating the losses

[Weawant]

what is called a mistake is still a mistake, there is no such thing as rich or poor in my opinion, everything is a risk in gambling, and it is certain that even the richest person if they are addicted to gambling will definitely run out of all their wealth, there are too many cases like this, if they easily get money when they have lost everything, it could be a significant question where their funds come from,

For those who gets money easily literally gets it form their job maybe but then gambling is gambling and rich or poor is never a thing considered by the casino or even the gamblers, at that point,it feels like e everyone is equal and so they can literally be able to make he best of gambling if they use their opportunities and the casino is not going to consider if they a re poor or rich bot at the point of staking and at the point of paying out to those who won their games. When you gamble, it should be for the sole purpose of having fun or making money and not trying to distinguish status.

[Ricardo11]

Gambling is an uncertain and high risk game, there is a high risk of losing money if not played properly, but luck also plays an important role. Basically your luck, experience, skill are all equally important in gambling.

Whether a gambler is rich or poor, they all gamble to win money. But there are some differences between them, like a rich gambler can maintain his financial stability even after losing his money in gambling, because he is rich, he does not lack much money.

A poor gambler in that place, who loses his money in gambling, has to deal with a worse financial situation, which is more difficult for him.

But it is true that if a poor gambler wants to change his luck and become rich then he must take risks. But one thing should always be remembered that gambling is not a sure way to make a poor gambler rich. Gambling should always be thought of as having fun. And one should always search for the right way to get rich by changing fortunes, such as investing and holding.

So, gambling is not safe for a poor gambler, but rather risky. It is always wise to choose the right path to change your fortune.

[laijsica]

what is called a mistake is still a mistake, there is no such thing as rich or poor in my opinion, everything is a risk in gambling, and it is certain that even the richest person if they are addicted to gambling will definitely run out of all their wealth, there are too many cases like this, if they easily get money when they have lost everything, it could be a significant question where their funds come from,

For those who gets money easily literally gets it form their job maybe but then gambling is gambling and rich or poor is never a thing considered by the casino or even the gamblers, at that point,it feels like e everyone is equal and so they can literally be able to make he best of gambling if they use their opportunities and the casino is not going to consider if they a re poor or rich bot at the point of staking and at the point of paying out to those who won their games. When you gamble, it should be for the sole purpose of having fun or making money and not trying to distinguish status.

You are right that the rich or the poor do not qualify differently to play at the casino, but you should take into account their stability and daily activities or addictions. Most of the time rich gamblers try to avoid addiction in every aspect of gambling because they already have a lot of money but relatively poor gamblers often fail to avoid their addiction because they want to earn more money. So every gambler rich or poor should use gambling for entertainment purposes with limited funds and time.

[cryptoWODL]

Gambling is an uncertain and high risk game, there is a high risk of losing money if not played properly, but luck also plays an important role. Basically your luck, experience, skill are all equally important in gambling.

Whether a gambler is rich or poor, they all gamble to win money. But there are some differences between them, like a rich gambler can maintain his financial stability even after losing his money in gambling, because he is rich, he does not lack much money.

But it is true that if a poor gambler wants to change his luck and become rich then he must take risks. But one thing should always be remembered that gambling is not a sure way to make a poor gambler rich.

Just as rich people have the potential to lose money in gambling, so do poor people. Gambling is completely based on luck. We often see that many professional gamblers get defeated in gambling and lose money. So in gambling one can never be sure that he will make money.

I think gambling is risky for both rich and poor people because both have the same chance of losing money. But it doesn't hurt rich people more than poor people if they lose gambling because they are financially independent. But if poor people lose gambling it hurts them more because they are not financially independent. So maybe it can be said here that poor people are more vulnerable to gambling than rich people. Moreover, according to your words, if the poor choose gambling to earn money, then it will be their greatest folly.

[Gheka]

Gambling is an uncertain and high risk game, there is a high risk of losing money if not played properly, but luck also plays an important role. Basically your luck, experience, skill are all equally important in gambling.

Whether a gambler is rich or poor, they all gamble to win money. But there are some differences between them, like a rich gambler can maintain his financial stability even after losing his money in gambling, because he is rich, he does not lack much money.

But it is true that if a poor gambler wants to change his luck and become rich then he must take risks. But one thing should always be remembered that gambling is not a sure way to make a poor gambler rich.

Just as rich people have the potential to lose money in gambling, so do poor people. Gambling is completely based on luck. We often see that many professional gamblers get defeated in gambling and lose money. So in gambling one can never be sure that he will make money.

I think gambling is risky for both rich and poor people because both have the same chance of losing money. But it doesn't hurt rich people more than poor people if they lose gambling because they are financially independent. But if poor people lose gambling it hurts them more because they are not financially independent. So maybe it can be said here that poor people are more vulnerable to gambling than rich people. Moreover, according to your words, if the poor choose gambling to earn money, then it will be their greatest folly.

Yes, the injuries to the rich and the poor are not so much discriminatory but the starting point of a rich person is not that of a poor person can be compared, the injury side is similar while the recovery side is relatively in favor of the rich because no matter how much a rich person squanders their assets, somewhere in their relationships and accumulations they can find space and time to overcome temporary crises. The poor cannot struggle in such a way when their social status is particularly low, there is no space for them to cope and also lack of time for them to recover, thus, they are more likely to get more ulcers from gambling.

[Dewi Aries]

Yes, what I mean is also in that direction, my friend, people who are truly rich definitely know what makes sense and what doesn't, they have a rational way of thinking in every response to everything they find, although of course they will not be free from failure, but when they dedicate themselves to the right place, in the end the failure will turn into success and not including gambling, it doesn't mean they are not involved at all in gambling, but what is certain is that they most likely only make gambling a place to fill their free time without putting any hope of always being able to make money.

On the other hand, one of the reasons why I assume that poor people are people who are most likely to make gambling a place to make money is that we can see from their financial situation, they will never like losing money because it is clear that they are in a difficult situation in their finances. Gambling for entertainment will only be done by people who are ready to lose money, meaning I am quite sure that poor people come with the intention of multiplying the money they bring along with high hopes.

yes, you are right, and what poor gamblers do tends to prefer to increase the risk of their gambling. such as betting more than their previous allocation. They hope to win a larger amount of money. and of course, poor gamblers do not like to lose because it will worsen their finances if they end up betting more than what they can afford to bet.

although rich gamblers also have high risks in determining bets. but poor gamblers are more likely to dare to increase the risk than rich gamblers. the impact received by gamblers is certainly different when they experience loss.

gambling always allows us to win. but also allows us to lose. so whatever we bet should have been considered within the limits of each gambler's financial tolerance.

Yes and I think it makes sense with what I said above especially regarding poor people in their involvement in gambling, although I can't fully confirm that it is true but I think if we consider the financial situation of poor people with a rational way of thinking then most likely yes they come with the aim of multiplying their money, logically yes as I said above that someone who is experiencing financial problems will definitely never like losing money, meaning I am quite sure that their goal is not to lose money but to get money.

Apart from all that of course rich or poor will always be faced with high risks but it also depends on how their approach is and what they are really looking for in gambling, overall if the goal is to get a lot of money then it is clear that their decisions and actions will certainly be much riskier.

In the end yes of course you said the right thing that gambling always provides us with the opportunity to win, but clearly defeat is also another part that will always be possible to happen, and this is why a gambler should not only think about his victory.

[skarais]

~~~

Yes and I think it makes sense with what I said above especially regarding poor people in their involvement in gambling, although I can't fully confirm that it is true but I think if we consider the financial situation of poor people with a rational way of thinking then most likely yes they come with the aim of multiplying their money, logically yes as I said above that someone who is experiencing financial problems will definitely never like losing money, meaning I am quite sure that their goal is not to lose money but to get money.

Of course, that is the reality of the goals of most poor gamblers. They gamble not for fun, but they gamble to get lucky and make money. It's up to how other users view it, but I have to say that it's a fact. I don't need to count the number of people I know who are poor gamblers, their goal in gambling is to double their money in the hope that they will be lucky that day.

Apart from all that of course rich or poor will always be faced with high risks but it also depends on how their approach is and what they are really looking for in gambling, overall if the goal is to get a lot of money then it is clear that their decisions and actions will certainly be much riskier.

In the end yes of course you said the right thing that gambling always provides us with the opportunity to win, but clearly defeat is also another part that will always be possible to happen, and this is why a gambler should not only think about his victory.

The most annoying thing about these people is that they gamble from the results of their hard work that very day. They work not to cover their living expenses and needs, but rather work to fulfill their gambling desires. It's not uncommon for me to find them asking for loans to buy some necessities, while the money they've worked for is spent on gambling.

[erep]

The most annoying thing about these people is that they gamble from the results of their hard work that very day. They work not to cover their living expenses and needs, but rather work to fulfill their gambling desires. It's not uncommon for me to find them asking for loans to buy some necessities, while the money they've worked for is spent on gambling.

They are high addicted gamblers who bet more than 50% of their income, they do not prioritize basic needs but they prioritize the need for funds to gamble, but unfortunately they are aiming for big profits and they know the risk of losing is something that must be accepted and they ignore the risk as if they have one big hope to get the jackpot, they repeat gambling activities every day from the use of daily or monthly income funds, in my opinion there is no solution that can stop them from gambling addiction unless they realize that they are counting all the funds that have been lost from their hard work.

[ethereumhunter]

Yes, what I mean is also in that direction, my friend, people who are truly rich definitely know what makes sense and what doesn't, they have a rational way of thinking in every response to everything they find, although of course they will not be free from failure, but when they dedicate themselves to the right place, in the end the failure will turn into success and not including gambling, it doesn't mean they are not involved at all in gambling, but what is certain is that they most likely only make gambling a place to fill their free time without putting any hope of always being able to make money.

On the other hand, one of the reasons why I assume that poor people are people who are most likely to make gambling a place to make money is that we can see from their financial situation, they will never like losing money because it is clear that they are in a difficult situation in their finances. Gambling for entertainment will only be done by people who are ready to lose money, meaning I am quite sure that poor people come with the intention of multiplying the money they bring along with high hopes.

Rich and poor people who still playing gambling must realizes the reality from gambling so they will not trying to risks too much money even if they are rich. Rich people can bankrupt in anytime when they playing gambling because gambling can makes them forget what they must do. They will not thinks rational when playing gambling because they want to win the money and get out from the casino with a lot of money. But that will not always happen because they can risks too much money to make money so they must understand that they don't have to do that. Otherwise, they will lose much money and will difficult to get their money back.

Poor people who use gambling to make money will not easily to win but they can lose all of their money in gambling. When they can understand the big risks behind of playing gambling, they will not trying to playing gambling too long. They can accept anything they get from gambling because the risks will always be there. If rich and poor gambler know that gambling is not a place to make money, they will not spend too much money instead just use the money they can afford to lose.

[vs2014]

However, gamblers have many types of mistakes in their approach due to which they face losses. Both classes of gamblers make mistakes, not the difference between the rich and the poor, if they are not experienced in gambling, they will surely lose. But I think rich people don't suffer much loss to succeed, but they can easily re-accumulate their lost money by gambling again later. But when a poor person loses, it takes a long time to re-accumulate that person's money because he has to work hard and then participate in gambling. In that case, it takes time for the poor to achieve financial success, but the rich can achieve success very easily because of their money.

what is called a mistake is still a mistake, there is no such thing as rich or poor in my opinion, everything is a risk in gambling, and it is certain that even the richest person if they are addicted to gambling will definitely run out of all their wealth, there are too many cases like this, if they easily get money when they have lost everything, it could be a significant question where their funds come from,

It is true that there is no difference between the rich and the poor in gambling because here one's own luck is overestimated. So the better the luck, the more he will win in gambling. However, poor and rich people may have different gambling styles. A rich person can bet again after losing because he has the money to make new bets. In that case a poor gambler bets only a few times and runs out of pocket money very quickly. A rich person has plenty of funds whereas a poor person doesn't have much. If he loses gambling, he has to sell assets and take loans to make new bets.

[LUCKMCFLY]

Yes indeed, having discipline will allow us to control our greed because after all, continuing to do it because of high desire will not be good either. Maybe, for some trials we get benefits that make us feel like doing it continuously. But anyway, if it becomes an addiction, it will surely ruin you one day. With that said, I also think that all gamblers will have their own risks, and it's not about being poor or rich.

By having discipline there should be no risk of falling into addiction because we are people who basically function under a scheme that if I reach a limit then we must do a certain activity, then this should apply to everything, when we look at our activities and we see that we are going to reach a certain level of falling into something bad , up to there it should lead to an activity, for example if we are going at high speed in a car we must brake a little at the moment of making a curve, if we do not do it our chances of having an accident will Increase and if there is a cliff then we must be more cautious, in case we do not do it it is our responsibility if it happens, that is how it is with that Analogy.

[shasan]

that's right, there is no clear certainty who will take greater risks in this case. rich or poor people can take big risks if they have the wrong perspective, because when they apply the wrong perspective then it is likely that they can fall into deeper gambling and ignore the risk side that is actually clear that will happen. and indeed no one knows clearly with the perspective of each individual so these two classes can experience it themselves.

besides that even though rich people have more money does not mean they can be calm in gambling or betting, because in my opinion when they have enough money and the other side has the wrong perspective then it is likely that they will continue to bet without caring that they have lost a lot of money that they bet on gambling.

I could not agree with you that if anyone has a wrong perspective then the person will take part in gambling and if not then that will be the question. Where the user may take part o  gambling and take the risk when they feel comfortable. If anyone doesn't feel comfortable then the user may take part in gambling.

[IvugeoEvolutionCoin]

It is true that there is no difference between the rich and the poor in gambling because here one's own luck is overestimated. So the better the luck, the more he will win in gambling. However, poor and rich people may have different gambling styles. A rich person can bet again after losing because he has the money to make new bets. In that case a poor gambler bets only a few times and runs out of pocket money very quickly. A rich person has plenty of funds whereas a poor person doesn't have much. If he loses gambling, he has to sell assets and take loans to make new bets.

Difference Between Rich and Poor Gamblers Poor gambler loses money because he doesn't have the money for the next gamble, so the poor gambler gambles with a lot of thought. On the other hand, the rich gambler doesn't worry about them even after losing several times.  Because he has enough money to gamble. But gambling depends entirely on luck, no one can ever say who will win in gambling.