How much are you willing to gamble

[Dr.Bitcoin_Strange]

In my opinion, it's only two reasons that can make him to stake such huge amount in placing a bet on the election and one of the reason is either he is very rich and has more than that amount or he had an inner information that confirmed that Trump was going to win the election. Among those two reasons, one of them must have made him to take such risk. So, @OP, if you are super rich and got an inner information about which candidate will win the the election, you'd probably place a bet with huge amount.

[sompitonov]

In my opinion, it's only two reasons that can make him to stake such huge amount in placing a bet on the election and one of the reason is either he is very rich and has more than that amount or he had an inner information that confirmed that Trump was going to win the election. Among those two reasons, one of them must have made him to take such risk. So, @OP, if you are super rich and got an inner information about which candidate will win the the election, you'd probably place a bet with huge amount.

When it comes to such huge sums of money on bets, of course he could have spent a lot of money on detailed research and surveys, for example in swing states or used other methods that we do not know about. Generally speaking, I think that he knew what he was doing and was almost sure of his victory. Another question is that such bets can be made by those who have a fortune of more than $ 100 million and do it simply without any research, but because they wanted to take a risk, I do not exclude such an option, although it is unlikely.

[Die_empty]

In my opinion, it's only two reasons that can make him to stake such huge amount in placing a bet on the election and one of the reason is either he is very rich and has more than that amount or he had an inner information that confirmed that Trump was going to win the election. Among those two reasons, one of them must have made him to take such risk. So, @OP, if you are super rich and got an inner information about which candidate will win the the election, you'd probably place a bet with huge amount.

It is normal to see rich celebrities like sportsmen or entertainers place bets with such an amount. It's strange to see an unknown personality betting heavily in an election that was closely contested. Maybe he is super rich and could afford it and he has a strong conviction that Trump will win. The US elections are highly unpredictable because many polls showed that any of the candidates could win. So the issue of having an insider who gave him the information that Trump will win is not valid. For me regardless of how wealthy I am, I would never risk such amount. Losing such money might lead to a heart attack.

[Mia Chloe]

In my opinion, it's only two reasons that can make him to stake such huge amount in placing a bet on the election and one of the reason is either he is very rich and has more than that amount or he had an inner information that confirmed that Trump was going to win the election. Among those two reasons, one of them must have made him to take such risk. So, @OP, if you are super rich and got an inner information about which candidate will win the the election, you'd probably place a bet with huge amount.

You have a point however just like your first hypothesis says, it's actually true that how rich you are suggests how much you you could be willing to spare on gambling. On the basis of two different persons for example that like gambling up to same extent, the richer one will tend to stake more compared to the poorer one. This will only work if of course none of them are addicts and that's because we have come across numerous cases where addicts stake above their means.

For your second hypothesis, I really don't agree with it because I doubt there was a way to tell a 100% that trump will win this last election, except of course cheating was involved. It's more likely that the guy believed so much in trump's movement that he was willing to lose that amount if trump had lost the election.

[passwordnow]

No matter how rich I get, I do not think I would be risking throwing away $30 million.

We're on the same page. I'm not going to risk that much because life today is full of uncertainty and this kind of money is good to secure not just ourselves future and needs but could also be the generation that will come next to us. If I am willing to gamble that much, I am going to make sure that I have already paid all my bills, no credits, all obligations and most importantly that it is not going to hurt much my finances, my pocket, my savings and my investments for which most of them are into cryptocurrencies.

[GxSTxV]

Wow, $30 million on a single bet? that’s just mind blowing how people doesn’t care about money, even that I also myself waste much important money on gambling but, I can’t imagine putting that kind of money on the line, even if I were loaded. Personally, I use to only gamble with extra money from side jobs but I lost control the thing I was avoiding for years, so I never do anything to mess with my situation. However, betting a sum that huge just for the thrill is on another level.

I actually agree with what you said about the government’s response. Going after one platform doesn’t really address the bigger issue when people with enough money and determination will always find a way to place massive bets. Instead authorities should probably focus on promoting responsible gambling habits more broadly helping people manage their risks better.

[Gheka]

No matter how rich I get, I do not think I would be risking throwing away $30 million.

We're on the same page. I'm not going to risk that much because life today is full of uncertainty and this kind of money is good to secure not just ourselves future and needs but could also be the generation that will come next to us. If I am willing to gamble that much, I am going to make sure that I have already paid all my bills, no credits, all obligations and most importantly that it is not going to hurt much my finances, my pocket, my savings and my investments for which most of them are into cryptocurrencies.

At basic living standards and without an income level that is incredibly high, it is hard for our little hearts to bear the loss or to bet with money that seems like it would take a generation to earn, our body will definitely have specific reactions like giving up betting or hands will shake for decisions because i also never really see that number in the account, i also like many people, keep it there longer, instead of suddenly evaporating in just one unwise action. Besides, there are also many people who do not hesitate to close their eyes to bet when it is just a small hair compared to the staggering amount of assets, a big bet for us is just a grain of sand for them and they will earn it back in just a few weeks.

[Su-asa]

The thing is, you can't be sure whether or not you will do the same thing when you get rich, few years ago I never would have thought that I would be able to place a bet of 50 dollars, I used to see people doing it as crazy or insane until I found myself doing it. Always make sure that your stakes isn't above what you make monthly, this is actually the reason why a lot of gamblers get into debt situations. You can have a lot of money but it doesn't mean that it's inexhaustible. If you allow the constant urge of gambling to control you it's very possible that you'll go bankrupt, even if you are rich.

[Docnaster]

No matter how rich I get, I do not think I would be risking throwing away $30 million.

We're on the same page. I'm not going to risk that much because life today is full of uncertainty and this kind of money is good to secure not just ourselves future and needs but could also be the generation that will come next to us. If I am willing to gamble that much, I am going to make sure that I have already paid all my bills, no credits, all obligations and most importantly that it is not going to hurt much my finances, my pocket, my savings and my investments for which most of them are into cryptocurrencies.

I think the major reasons why you think you you can't take such risk is firstly you don't have such amount of money to spare at the moment and may be you're a very disciplined person who always sticks to what he believes no matter how tempting things eventually turns out to be. I've seen people who say they can't gamble with a certain amount when they never had such amount at their disposal but immediately they accessed huge money, they used more than the amount they initially condemned for a gambler to use as a gambling capital.
It's very important for every gambler to be disciplined and never allow the gambling activities of others influence their personal gambling decisions.

[Sandra_hakeem]

He did win and made profit but I was just so surprised with how can anyone bet this huge amount of money?

what do you mean how? People are damn rich they don't even know what to do with their money... AFAIK, they rich ones will always spend extravagantly on trivial things.

No matter how rich I get, I do not think I would be risking throwing away $30 million. I am also sure that the French authorities are making moves after this ridiculous amount of money betted to prevent encouraging their citizens from following in the gambler's footsteps.

well, that's not true. Do you think they'll allow a free wager limit on games and then try to stop someone for utilizing it? Anyone that gets motivated by this should understand that the reason why this is getting publicized is exactly for the same purpose...

You have a point however just like your first hypothesis says, it's actually true that how rich you are suggests how much you you could be willing to spare on gambling.

How much are we talking about here? $30 million..... I totally understand that everyone is entitled to what they do with their funds, but this was WILD FR!!

[Dewi Aries]

In my opinion, it's only two reasons that can make him to stake such huge amount in placing a bet on the election and one of the reason is either he is very rich and has more than that amount or he had an inner information that confirmed that Trump was going to win the election. Among those two reasons, one of them must have made him to take such risk. So, @OP, if you are super rich and got an inner information about which candidate will win the the election, you'd probably place a bet with huge amount.

Yes that's what I also think, I believe there are only two reasons that make the person really dare to decide to take such a big risk, as you said that between two things, namely he is a really  rich person for whom $30 million  is a useless amount or between he  has some really accurate information regarding the outcome of the election.

But if the object of the money is that big like $30 million I think it is unlikely for someone to throw it away for free, even if they are rich I think they will also have the thought that it is too big an amount to bet, so t he conclusion is that I think it seems like the person has some really accurate information that Trump will be the winner.

[Asiska02]

No matter how rich I get, I do not think I would be risking throwing away $30 million. I am also sure that the French authorities are making moves after this ridiculous amount of money betted to prevent encouraging their citizens from following in the gambler's footsteps. But I think instead of punishing the platform, the government should focus on how can they 'control' their citizens' gambling habits. Focusing on one platform will not eradicate people who would continue to bet this huge amount of money.

No matter how rich you get you said? Why not wait till then to see maybe if you can afford to ride such amount or not ti gamble for a course like this. Most of this people have won big and have a lot of money that they can not go out of funds even when they lose the bet, I’m not surprised people bet with such big amount of money. Before the election, the odds were already in favour of Donald Trump to win, I guess many people that must have placed that bet would have won except those that only have personal hatred for Trump, but it was clearly him going to win. It’s not surprising that the government won’t investigate such bet, it was clearly something that had to do with politics, so they need to act accordingly even though it won’t stop such from recurring again.

[bitzizzix]

No matter how rich I get, I do not think I would be risking throwing away $30 million.

We're on the same page. I'm not going to risk that much because life today is full of uncertainty and this kind of money is good to secure not just ourselves future and needs but could also be the generation that will come next to us. If I am willing to gamble that much, I am going to make sure that I have already paid all my bills, no credits, all obligations and most importantly that it is not going to hurt much my finances, my pocket, my savings and my investments for which most of them are into cryptocurrencies.

I would do the same as you, I would not take any risks, and if I were you, I would use that much money to fulfill all my unfulfilled desires, which are beautiful desires and also require very expensive costs such as building places of worship, orphanages and other good or social things, including for the financial needs of my children and grandchildren in the future so that they do not experience financial difficulties.

And in my opinion, the OP's story is that the person is indeed very rich and he bet using money that is ready to bear the loss that will not bankrupt him if he loses. In addition, he bet because he has confidence that Trump will win. It seems that presidential election bets are easy to guess if we have the ability to do detailed information research and also the development of the chosen candidate, and I think everyone must have guessed that Trump will win.

[Accardo]

We're on the same page. I'm not going to risk that much because life today is full of uncertainty and this kind of money is good to secure not just ourselves future and needs but could also be the generation that will come next to us. If I am willing to gamble that much, I am going to make sure that I have already paid all my bills, no credits, all obligations and most importantly that it is not going to hurt much my finances, my pocket, my savings and my investments for which most of them are into cryptocurrencies.

Besides, there are also many people who do not hesitate to close their eyes to bet when it is just a small hair compared to the staggering amount of assets, a big bet for us is just a grain of sand for them and they will earn it back in just a few weeks.

I don't know about the millionaire's background, but such men were born rich and inherited businesses. Although some built from scratch, still, whoever places a huge bet like that, in the first place, has assets that generated them, and would lose nothing worthwhile if the funds are gone.

[o48o]

I have seen various topics discussed in here about their bankrolls or budget and whatnot when gambling. Well a French national just wagered $30 million to a bet about the US election. Now the online platform is being reviewed by France and is being checked if they follow laws accordingly. I am sure that amount shocked them especially after the gambler admitted that it was not even to sponsor Trump and that he did not have any political agenda with that bet. He did win and made profit but I was just so surprised with how can anyone bet this huge amount of money?

No matter how rich I get, I do not think I would be risking throwing away $30 million. I am also sure that the French authorities are making moves after this ridiculous amount of money betted to prevent encouraging their citizens from following in the gambler's footsteps. But I think instead of punishing the platform, the government should focus on how can they 'control' their citizens' gambling habits. Focusing on one platform will not eradicate people who would continue to bet this huge amount of money.

They aren't punishing Polymarket, they are just looking into them if they comply with their laws. Now they are too big to be under a radar, so it would be miracle if no one would be examining them closely. Making sure that laws that protect their citizens are complied with is their job, and they would be quite bad at it, if they wouldn't pay attention.

But what's your biggest gamble? Because i am certain that there are people way poorer than you who are saying that they wouldn't throw away that kind of money you have personally gambled. It's about relativity and the fact that you don't make money without taking a risk. I understand that in this case risk is really high, and it's inconceivable to me, that someone would risk $30 million, but i am not ultra rich, so i don't know where they get their kicks from, but i guess it's not from $10 bets.

And it's not like rich people risk their capital only by gambling. Most rich people have their money tied to something. Stocks, assets, ipos, land and everything imaginable. Most of these have some risk included and some of them are so high risk speculative investments, that it looks like throwing money away.

[Mia Chloe]

How much are we talking about here? $30 million..... I totally understand that everyone is entitled to what they do with their funds, but this was WILD FR!!

Yeah I understand the point you are trying to make. $30 million is definitely a lot of money and the fact is that we tag it alot same way an average person would. It's all a matter of perspective. There are definitely a couple of rich persons out there that would be like ' $30 million is a nice bunch well it's ok to stake it on a sure game'  the idea is more like staking is usually measured as irresponsible or wrong based on how much it would affect you if you end up losing that amount.

Many people stake $200 or more in just a single game, however there are also persons out there that would tag that too much of a cash to stake on a casino game. However still some persons would be of the opinion that it's too little to stake on a sure game.

[Zadicar]

We're on the same page. I'm not going to risk that much because life today is full of uncertainty and this kind of money is good to secure not just ourselves future and needs but could also be the generation that will come next to us. If I am willing to gamble that much, I am going to make sure that I have already paid all my bills, no credits, all obligations and most importantly that it is not going to hurt much my finances, my pocket, my savings and my investments for which most of them are into cryptocurrencies.

Besides, there are also many people who do not hesitate to close their eyes to bet when it is just a small hair compared to the staggering amount of assets, a big bet for us is just a grain of sand for them and they will earn it back in just a few weeks.

I don't know about the millionaire's background, but such men were born rich and inherited businesses. Although some built from scratch, still, whoever places a huge bet like that, in the first place, has assets that generated them, and would lose nothing worthwhile if the funds are gone.

We can really indeed assume that if someone would be able to bet as big as this,then it is really that safe to assume that this man is really having tons of money on which it's impossible that even if you are rich on which you can't be able to think up well about the possibility on losing up that multi-million if you do lose up this bet. Of course on which theres no way that you can be able to make yourself that not be able to distinguish in regards to this one. For me on which I do have that tons of money but still won't really be that enough for me or could convince me to play or make out that kind of bet amount, even in speaking about ten thousands of dollars isn't something that I do consider out but well it's their money.

[lixer]

Well, the gambler knew that Trump could win the election as odds were in favor of him since start and that was a good move to bet with such huge amount. But, if I was on his place then I would never bet with such huge amount even if Trumps chance of winning the elections were 99.99%.

I mean yeah I wouldn't make such a bet either but you have to also consider the financial situation. I mean there are guys like Aldomilyar who would bet $10-20m on a random Turkish soccer game so it's also about how much money one has. Based on that $30m can sound insane or peanuts .

I was pretty certain about the Trump win as well but didn't make a bet because the legacy media were promoting Harris and you never know what an average US citizen would go for because the media controls the narrative.

How much one is willing to bet certainly depends on how much extra money one has. Stake even made a calculator for that haha.

[Vaskiy]

Once I've made bets in hundreds and I lost my life. That served as a lesson, and now my bets never cross a dollar. When people have excess money, they don't have limits, just as when people don't have money, they cross the limits. Both are not good with gambling, and both the conditions will create problems in financial life at some point.

The US election has turned out to be a big market for the gambling platforms. Most of the platforms could've generated good revenue as most bets could've been placed on Kamala Harris as the complete media is supportive of her and predicted her win. In reality, Trump has made history and won the election in a much more comfortable manner.

[usekevin]

In my opinion, it's only two reasons that can make him to stake such huge amount in placing a bet on the election and one of the reason is either he is very rich and has more than that amount or he had an inner information that confirmed that Trump was going to win the election. Among those two reasons, one of them must have made him to take such risk. So, @OP, if you are super rich and got an inner information about which candidate will win the the election, you'd probably place a bet with huge amount.

The most of the gamblers made the big money in the election betting,only the old users know this fact of the election stake betting.But the important factor is the real money used in the gambling had the ability to get into high value.The same money was get loss totally in the stake of election.As we know recent news of 19 million staked by one guy and withdrew 28million from the betting.But the important factor need to get know is that guy had taken the biggest money risk by the stake.Incase he had received the negative result in election,all the money get into the gambling site.Thei was the only risk of losing in the election stake betting.