Why don't the rich people get addicted easily?

[Issa56]

This is an open question, maybe I could be wrong in the eye of some of you but am asking this question because a  large number of addicted gamblers are not even up to a middle class standard but they are addicted. Can someone tell me why it's like that or is it totally a different case in your society, maybe an opposite of what I asking is happening in your own society. Poor people gets more addicted, following the middle class before it gets to the rich. Since it's like that, I think it's just the poor people that are gambling the most in the world, if am not correct, I stand to be corrected.

I will say similar thing is happening in my society, or should I say maybe the wealthy people also get addicted to gambling but they are not being noticed, because they are wealthy, and don’t mingle with people anyhow, but I know even if the wealthy people are going to get addicted to gambling, it’s not going to be so obvious like the Low income earners.

Also maybe the wealthy ones are not always targeting money they way the low income earners do, maybe they focus more on the fun aspect and not money, but we know the low income earners do focus more on money. The people that are desperate to make money when gambling are the ones that do pick so many odds when gambling, but the people gambling for fun will pick little odds and place there bet.

[Orpichukwu]

Addiction isn’t about how much money you have, it’s more about mindset, with people who have fewer resources, it shows more because the lack of money or the loss is way more visible.

If we are to measure addiction by how much one spends, it should be after knowing the gambler's worth to subtract what they are spending from what they are earning. If it's too much, then we have to consider them as gamblers who spend aggressively, but that's not the case; it's all about mindset, like you said, but more on behaviour and the type of attention they put to gambling over other things in life. Once a gambler puts gambling as their top priority over work and family, then I consider them as being addicted.

[Tonimez]

Addiction isn’t about how much money you have, it’s more about mindset, with people who have fewer resources, it shows more because the lack of money or the loss is way more visible.

If we are to measure addiction by how much one spends, it should be after knowing the gambler's worth to subtract what they are spending from what they are earning. If it's too much, then we have to consider them as gamblers who spend aggressively, but that's not the case; it's all about mindset, like you said, but more on behaviour and the type of attention they put to gambling over other things in life. Once a gambler puts gambling as their top priority over work and family, then I consider them as being addicted.

Gambling addiction does not have anything to do with amount placed on bet as a matter of fact, rich gamblers will always place higher amounts on bet than the poor gamblers and this does not mean the rich are the addicts. Gambling addiction has to do with the situation whereby one has no willpower to overcome the urge to place a bet even after regretting placing a previous bet or deciding not to gamble anymore. This aspect pushes the person into running to a bet house whenever he has any funds on him and may even go to the extent of selling off properties to realise money for gambling.

Anyone who gambles even when he is hungry, when the money on him is his last money, instead of keeping it for something better he decides to gamble with it is already an addict because the person no longer has a good sense of judgement nor control over how and when he gambles.

[Mr_Brilliant$]

This is an open question, maybe I could be wrong in the eye of some of you but am asking this question because a  large number of addicted gamblers are not even up to a middle class standard but they are addicted. Can someone tell me why it's like that or is it totally a different case in your society, maybe an opposite of what I asking is happening in your own society. Poor people gets more addicted, following the middle class before it gets to the rich. Since it's like that, I think it's just the poor people that are gambling the most in the world, if am not correct, I stand to be corrected.

I feel one big reason rich people do not get addicted easily is because they really do not care about the money the same way.. The rich relationship with money is very different for others.. And what the rich stake is usually small compared to what they already have, so there is no pressure to win back anything.. It is more for fun and entertainment and not survival...

For poorer people, the money means a lot more for them.. One win can be like a life changing opportunity, so the emotional attachment is stronger for them.. That is where addiction comes in sometimes, chasing losses most times hoping for a miracle, playing with money that is actually needed in their real life.. And also, rich people usually have more discipline and more things competing for their attention than gambling..

[xenomorfo]

Gambling addiction does not have anything to do with amount placed on bet as a matter of fact, rich gamblers will always place higher amounts on bet than the poor gamblers and this does not mean the rich are the addicts. Gambling addiction has to do with the situation whereby one has no willpower to overcome the urge to place a bet even after regretting placing a previous bet or deciding not to gamble anymore. This aspect pushes the person into running to a bet house whenever he has any funds on him and may even go to the extent of selling off properties to realise money for gambling.

Anyone who gambles even when he is hungry, when the money on him is his last money, instead of keeping it for something better he decides to gamble with it is already an addict because the person no longer has a good sense of judgement nor control over how and when he gambles.

of course it has something to do with it
If you are not addicted to gambling, you will hardly bet big amounts based on how much you earn, because it is fun.
Would you pay three times as much for a game on TV as you do? Obviously not.
because you enjoy watching the game without spending money

[irhact]

Addiction isn’t about how much money you have, it’s more about mindset, with people who have fewer resources, it shows more because the lack of money or the loss is way more visible.

If we are to measure addiction by how much one spends, it should be after knowing the gambler's worth to subtract what they are spending from what they are earning. If it's too much, then we have to consider them as gamblers who spend aggressively, but that's not the case; it's all about mindset, like you said, but more on behaviour and the type of attention they put to gambling over other things in life. Once a gambler puts gambling as their top priority over work and family, then I consider them as being addicted.

Exactly, I would frame addiction less around income levels and more around control. spending only becomes a problem when it starts crossing personal limits. when gambling starts taking over someone's focus and begins to push work, family or daily responsibilities into the background thats usually when it stops being casual and turns into a problem, an addiction. at that point, it is no longer about entertainment but that compulsion, the loss of balance is often the clearest sign that something is wrong.

[giorgione]

I feel one big reason rich people do not get addicted easily is because they really do not care about the money the same way.. The rich relationship with money is very different for others.. And what the rich stake is usually small compared to what they already have, so there is no pressure to win back anything.. It is more for fun and entertainment and not survival...

For poorer people, the money means a lot more for them.. One win can be like a life changing opportunity, so the emotional attachment is stronger for them.. That is where addiction comes in sometimes, chasing losses most times hoping for a miracle, playing with money that is actually needed in their real life.. And also, rich people usually have more discipline and more things competing for their attention than gambling..

Money and financial management is a remarkable skill nowadays and having it in certain states completely changes the status of the person, a great swagger will always be seen compared to a spendthrift in virtue and in gambling above all, so i am not surprised that there are people who spend everything on gambling

[LUCKMCFLY]

I completely agree with you, those who are born with wealth without any effort, often do not develop the same caution or value towards that money, they tend to spend money irresponsibly and unnecessarily, but on the other hand, those who have become rich through their own struggle, understand the pain behind every penny, hence give much importance to investment, planning and risk management. Ultimately, everyone's journey is different, and that journey determines how much and how they value money.

Yes, that's one of the things that parents of wealthy children focus on most to create good impressions, because their parents want the best for them, especially in education But giving them everything isn't always a good idea because they don't know where things come from. It's better for them to work hard and learn to earn their own money with their parents' support.

[Orpichukwu]

If we are to measure addiction by how much one spends, it should be after knowing the gambler's worth to subtract what they are spending from what they are earning. If it's too much, then we have to consider them as gamblers who spend aggressively, but that's not the case; it's all about mindset, like you said, but more on behaviour and the type of attention they put to gambling over other things in life. Once a gambler puts gambling as their top priority over work and family, then I consider them as being addicted.

Exactly, I would frame addiction less around income levels and more around control. spending only becomes a problem when it starts crossing personal limits. when gambling starts taking over someone's focus and begins to push work, family or daily responsibilities into the background thats usually when it stops being casual and turns into a problem, an addiction. at that point, it is no longer about entertainment but that compulsion, the loss of balance is often the clearest sign that something is wrong.

An example of such is someone who leaves his family that needs his attention, a work table that needs to be cleared, and school assignments/projects that need to be done and submitted and goes into the casino to gamble and yet still claims not to be addicted to gambling while they have put gambling first above every other thing which is supposed to matter to them. The person is clearly addicted; if they are not, they are on their way there.

[LUCKMCFLY]

Though that statement is quite true but there are also rich kids who follow the path of their parents, the reason why they continue to acheived more and having any issue with over-spending their wealth, those are well-trained kids who mostly trained the way that they become responsible.

That's how it should be if someone was born with a silver spoon in their mouth , then the most Logical thing is to Preserve it and not leave everything to chance or neglect their education That way, they will continue to maintain that culture of Preserving their wealth, and that can only be achieved through business , investments , good money management , and simply not being addicted is already a great advantage.

[junder]

I will say similar thing is happening in my society, or should I say maybe the wealthy people also get addicted to gambling but they are not being noticed, because they are wealthy, and don’t mingle with people anyhow, but I know even if the wealthy people are going to get addicted to gambling, it’s not going to be so obvious like the Low income earners.

Also maybe the wealthy ones are not always targeting money they way the low income earners do, maybe they focus more on the fun aspect and not money, but we know the low income earners do focus more on money. The people that are desperate to make money when gambling are the ones that do pick so many odds when gambling, but the people gambling for fun will pick little odds and place there bet.

Rich people may not seem addicted because they have a lot of money, so when they gamble and lose, they don't think much of it because they still have enough to survive. Meanwhile, people in the lower middle class usually gamble with hope, and when they lose, they dwell on it, even experiencing negative reactions, such as anger and an inability to accept the loss.
It's possible that rich people focus on enjoyment rather than winning. This may be a valid statement; not all rich people are addicted, and conversely, not all lower middle class people are addicted.

[Hewlet]

Gambling addiction does not have anything to do with amount placed on bet as a matter of fact, rich gamblers will always place higher amounts on bet than the poor gamblers and this does not mean the rich are the addicts. Gambling addiction has to do with the situation whereby one has no willpower to overcome the urge to place a bet even after regretting placing a previous bet or deciding not to gamble anymore. This aspect pushes the person into running to a bet house whenever he has any funds on him and may even go to the extent of selling off properties to realise money for gambling.

Anyone who gambles even when he is hungry, when the money on him is his last money, instead of keeping it for something better he decides to gamble with it is already an addict because the person no longer has a good sense of judgement nor control over how and when he gambles.

of course it has something to do with it
If you are not addicted to gambling, you will hardly bet big amounts based on how much you earn, because it is fun.
Would you pay three times as much for a game on TV as you do? Obviously not.
because you enjoy watching the game without spending money

With regards this, people's spending habit differes and joins to contribute to how much they are willing to gamble with even if they are addicted or not. The likes of drake who can be rightly categorised as a rich dude gambler with an amount that's damn outrageous and to an extent, it's possible he's still not addicted. With that, it only means that there's a part of this discussion where a person gambles more because he is addicted and another part that a person gambles more just because he has the means of doing so. Putting both scenario into consideration, we have to come to a realisation that every one gets addicted in different ways and that sometimes, addiction is not only about the amount spent in gambling. The frequency of your gambling even while using a smaller amount is also a form of addiction.

[LUCKMCFLY]

You might be right some people who are greedy might be addicted but those who are upperclass people and who are the real rich people not by born but by their hardwork whther it is business or something else they might not be addicted into gambling as they might not have enough free time. Actually I think free time makes people to do anything and the highest percentage goes to gambling.

6565
Yes, I agree with you. I hadn't considered that due to lack of time and hard work, I think something like this happens to all of us. In my case, it's the same; the only difference is that I work a lot and I'm not rich, which are things that are wrong with the system we live in But you're right, time is a big limitation.

[free-bit.co.in]

Addiction isn’t about how much money you have, it’s more about mindset, with people who have fewer resources, it shows more because the lack of money or the loss is way more visible.

If we are to measure addiction by how much one spends, it should be after knowing the gambler's worth to subtract what they are spending from what they are earning. If it's too much, then we have to consider them as gamblers who spend aggressively, but that's not the case; it's all about mindset, like you said, but more on behaviour and the type of attention they put to gambling over other things in life. Once a gambler puts gambling as their top priority over work and family, then I consider them as being addicted.

You are right. It is not right to say that he is dishonest if he spends a large amount on gambling. Addiction depends on ability. If I have no income, and even then I participate in gambling regularly, then I am addicted. We have to spend such an  amount of money on gambling that if we lose the amount, we  will not face any major loss. If my weekly income is $1000, I can allocate $100 for gambling. If I lose $100 a week, it will not cause a major loss for me. But if I spend all my money on gambling, then I will understand that I have become  addicted.

Moreover, an idea about addiction can also be found through the activities of a person addicted to gambling. Most addicted gamblers lose their temper and behave badly after losing money in gambling. Many get involved in various drug addictions.

[Fredomago]

Though that statement is quite true but there are also rich kids who follow the path of their parents, the reason why they continue to acheived more and having any issue with over-spending their wealth, those are well-trained kids who mostly trained the way that they become responsible.

That's how it should be if someone was born with a silver spoon in their mouth , then the most Logical thing is to Preserve it and not leave everything to chance or neglect their education That way, they will continue to maintain that culture of Preserving their wealth, and that can only be achieved through business , investments , good money management , and simply not being addicted is already a great advantage.

Somehow it's a tradition like kind of a thing, rich people wanted to developed their children the way they established their wealth, at their early age they are already exposed to what potentials business or investment that they may start or in some way education will be a good foundation then strong guidance to make sure that those young heir will be ready once it's their time to takeover, again considering gambling as part of socialization and not a main focus of their time that's why there's only few rich people who are addicted to gambling.

[Wakate]

Somehow it's a tradition like kind of a thing, rich people wanted to developed their children the way they established their wealth, at their early age they are already exposed to what potentials business or investment that they may start or in some way education will be a good foundation then strong guidance to make sure that those young heir will be ready once it's their time to takeover, again considering gambling as part of socialization and not a main focus of their time that's why there's only few rich people who are addicted to gambling.

I don't know how it could be that a rich person can easily become addictive to gambling. Most people that become addicted to gambling are those that are looking for quick way to make profits from betting so that they can flex the money or use it to settle some billings that are essential for them. Most rich people does not understand the language of being broke and they can not relate to that.

[rachael9385]

For me, I will say that the rich have a means of income that generate money for them, they already have something that gives them money weekly or monthly, so they only gamble wisely, some don't even believe in gambling, most of them can only invest in Bitcoin or any other investment Asset not like gambling, majority of gambling addict are people from the lower level, because they don't believe in hard work,so they prefer gambling since it's not stressful, so for me I think the lower level gamble more than the rich.

I agree with you. Poor people are mainly addicted to gambling. Because they think of becoming rich in a short time. Poor people spend their earned money on their liabilities. They cannot save money. As a result, they want to earn a large amount of money in a short time by gambling.

But rich people can manage their money properly. They have various means of saving money. So they refrain from earning money by gambling. But they gamble once a week or a month for entertainment.

True but this doesn't rule out the fact that there are still some rich people that gamble regularly but the thing is, they arenot overly obsessed with it as poor people and it doesn't cause much damage to them. poor people on the other hand are already in lack and instead of them to try and sustain themselves with the little that they can they throw it all away putting them in a more precarious situation

[LUCKMCFLY]

I agree with you to some extent, having enough free time could be considered one of those factors that makes people to be addicted to gamble both rich and the poor. some rich people might have enough free time which they may likely want to spend it in gamble and if they are not discipline enough they may likely end up becoming gambling addict and so as a poor guy who literally have all day to do whatever he want due to lack of job, he might decide to prioritize gambling since it seems to be the only available chance they have / or alternative.

To become an addict, what is needed is to have poor control of emotions and of what one wants in life We, or the people who are entering into addiction, know that they are entering and yet they do not stop Addiction, from the beginning, is a choice that the person makes, as ugly as it sounds, but that is how it is.

[Youngrebel]

But wait ohhh. Ive been reading comments of how the rich hardly get into betting addicts. What if  they actually addicted to betting and gambling as well but maybe because they are not really showing it. Properly they donot make it known to the public like the poor door maybe because of they are busy with other things as well. Or because they have much money so no.matter howuch they loss during gambling doesn't reallyean anything or even have any effects on them?

[Sammye3]

This is an open question, maybe I could be wrong in the eye of some of you but am asking this question because a  large number of addicted gamblers are not even up to a middle class standard but they are addicted. Can someone tell me why it's like that or is it totally a different case in your society, maybe an opposite of what I asking is happening in your own society. Poor people gets more addicted, following the middle class before it gets to the rich. Since it's like that, I think it's just the poor people that are gambling the most in the world, if am not correct, I stand to be corrected.

Your analogy is not entirely wrong, with the conclusions that poor people gamble the most. And this is because they see gambling is a poverty alleviation strategy and a source of income but it's a different case for the rich as they have a stable job and can only gamble just to feel the thrill.

Gambling with the wrong mindset can be very bad when you have little or nooney to gamble. On the long run it could lead to emotional stress and piles of debts to pay up, mental instability and the likes. These are psychology issues that develop over time in the course of gambling and when it becomes an addiction.