Is gambling only for the rich People?

[Mr_Brilliant$]

Can the rich easily forget about losing money? I don't think so. It all depends on how a person got rich. If they simply inherited money or are the child of wealthy parents, they won't value their money and likely won't be skilled enough to manage it. If, however, a person has become wealthy through their own efforts, they will know the value of their money. Furthermore, the rich can place large bets. These bets can be so large that a bankroll can quickly disappear. And it will be difficult for a rich person to "move to another city."

Nice question man, because I myself don’t think the rich can easily forget money too.. You can’t say someone that has worked his ass off to accumulate a certain amount of riches should make a silly move in gambling and forget about the money so easily..

Firstly, like you said, nobody who did hustle hard to get his money would place a big bet that would make him think, because they will value that money.. But if it’s people who got rich so easily, like maybe inheritance, then it’s possible, because they may not place high value on the money..

[Yablee0]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

Gamble is not only for the rich dudes, the poor people do gamble too is just that the rich dude don't usually take it as a possible means of making money because they have already gotten some Cash in their possession unlike the poor guy's, but regardless, it's still advisable to gamble moderately despite your financial status to stay safe in the game.

And also for some folks that are in form of taking loan either from the banks or from anywhere just to gamble and at the end of the day flew off when things didn't work out and as a result couldn't pay back the loan, that's a criminal offence and it can attract a hash punishment in return. However, I'm urging as many that are directly involved in such act just to fix up their gambling urge, that they should back off from such act because it can ruined their life if they persist. It's not a must that one must gamble all day, the day you can not afford you leave it for another day instead of putting your self in a tight conner all because you are trying to be a best gambler.

[Anayochukwu]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

I thought we have discussed something like this before. Who told you that the rich can easily forget about lose? It is not always the way we think because we are not staying in the same place with them, infact there is nothing like that because most of the rich always go crazy when they are losing much. So gambling it's not only made for the rich it is made for everyone to enjoy together and have fun and though they are not sticking with the rules but it still remains the same.

[Die_empty]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

Gambling should be done with amounts you can afford. Also, it is not compulsory that you must gamble. If you don't have any extra money to gamble, avoid the activity. Those who gamble with borrowed funds are highly irresponsible. And they would end up having serious financial problems. 

Gambling is not only for the rich. There are also rich irresponsible gamblers who still gamble recklessly. The problem is not gambling but the abuse of the activity.

Such people who scam people to fuel their gambling addiction needs helped. They need to be arrested, punished and rehabilitated.

[Oasisman]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.
  Is gambling only for the rich People?

Nah. Gambling is for everyone who is responsible enough not to go broke because of compulsive behavior. Being rich doesn't give a special ability by not getting broke. They easily forget about a loss, but when it's done more frequently,  I'm afraid it's just gonna be a matter of time before they go broke.
Those people who took loan for the purpose of gambling are not in a sane mind, and may have already under gambling addiction. For how long are they gonna lasts hiding from their responsibilities of paying that loan? Running away is never the solution to that, they're not gonna escape it forever, they'll gonna get caught eventually.  There is no avoiding that mess, they're only delaying the consequences,  which may become even worse by doing so.

[coinrifft]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

It's open for all to gamble, not just for the rich and wealthy. The thing is that there could be some of us who might not have enough money and yet we still have just to gamble and chase our dreams. Who knows though, we've seen many people who won the lottery and make  their life for the better because of gambling. I would agree that taking a loan is a very bad move. For the rich, they can gamble and can absorb losses without them having that mental breakdown because they've lost money as compare to us who might have problems once we lost money specially if we allotted that money to something else but then decided to take risk and gamble it away.

[DanWalker]

Nice question man, because I myself don’t think the rich can easily forget money too.. You can’t say someone that has worked his ass off to accumulate a certain amount of riches should make a silly move in gambling and forget about the money so easily..

Firstly, like you said, nobody who did hustle hard to get his money would place a big bet that would make him think, because they will value that money.. But if it’s people who got rich so easily, like maybe inheritance, then it’s possible, because they may not place high value on the money..

The facts here are how much money you have, and how much money you will lose gambling. If you are a billionaire, you have a lot of money. Assuming you have earned money by working hard. And now if you lose 10 thousand dollars in gambling, will it be a big amount for you ? I do not think losing such a small amount is a concern  for a billionaire. But if I only have 10,000 dollars, and I lose 1,000 dollars gambling, then that's really a concern  for me. And I will never forget  it. Before investing money in gambling we  must consider our financial capacity.

[cryptomaniac_xxx]

Nice question man, because I myself don’t think the rich can easily forget money too.. You can’t say someone that has worked his ass off to accumulate a certain amount of riches should make a silly move in gambling and forget about the money so easily..

Firstly, like you said, nobody who did hustle hard to get his money would place a big bet that would make him think, because they will value that money.. But if it’s people who got rich so easily, like maybe inheritance, then it’s possible, because they may not place high value on the money..

The facts here are how much money you have, and how much money you will lose gambling. If you are a billionaire, you have a lot of money. Assuming you have earned money by working hard. And now if you lose 10 thousand dollars in gambling, will it be a big amount for you ? I do not think losing such a small amount is a concern  for a billionaire. But if I only have 10,000 dollars, and I lose 1,000 dollars gambling, then that's really a concern  for me. And I will never forget  it. Before investing money in gambling we  must consider our financial capacity.

It's nothing if you are a billionaire that kind of amount is too small for them to be affected. However, like what you say, they work very hard and so I don't think that this billionaires are going to gamble.

More of millionaire in a sense, maybe they have that kind of money because they have a business like what Dana White is. He is a degen for gambling, black jack and we have seen how big he bet. But since he solved UFC and although he might still be the face of it, he has tons of money right now that he can afford to gamble.

[Charles-Tim]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

Borrow money to gamble? That is really a very bad idea. Anyone that does that is an addict. People can borrow loan for business or for emergency reasons and not for gambling. At last the person will lose the money.

Rich people also need to be very careful because gambling responsibly is very important. There are rich people that had become poor just because of gambling.

[KiaKia]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

How can they outrun and system that has all their information? They are safe wherever they go to hide because the country isn't a well developed country, you can't take loan and escape if you are in UK, US, Korea and others, they will hunt you down.

Rich people can forget loss if only the amount is what they can afford to lose, they are humans just like you and I, if the amount they lost is too much for them they won't ever forget.

I can easily take my eye off every 5 or 10 dollars that I lose in a week because I earn way more than that, there are people who can easily do the same with $100 and some with $1000, this is because income isn't the same with everyone.

If what you wager is too much everybody feels the heat, it doesn't matter if you are rich or poor, haven't you heard of rich people who turned broke because of gambling? There you have it.

[goldkingcoiner]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

If you gamble a dollar a week then you are a gambler. And if you cannot afford $1 a week then you have bigger problems than a potential gambling addiction.

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

Taking out loans and not paying them back... Well, that is definitely a fraud who will go to prison.

[AmaGold70]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

The answer is absolutely no. Anyone can gamble weather you rich or small. In gambling, their if an equally opportunity for everyone, and that is the reason both the rich  and the small possess equally position. The only thing that is advantageous for the rich people is staking power. The rich people stake higher than the small people, and in gambling, staking power plays a major role in gambling as it can enable frequent winning if properly managed. Many high stakers does not predict much games and most times they bet on games that are less than even 2.00 odds, and such games mostly yield frequent positive result. The poor stakers or gamblers faces more difficulty in gambling than the rich gamblers because the small stakers capitalizes on large odds or possibly thousands of odds to boost their winning with very low staking power, and such accumulation of large odds is associated with higher risk too.

[bakasabo]

The rich can easily forget the loss of money so they are ready to gamble at any time.

That is very naive to think like that. Rich people wont be rich if they were so unserious about money. Rich people can easily forget the loss if the bet was tiny compared to their wealth. But with such tiny bets they wont have any excitement and emotions from gambling. I think you can bet 1 satoshi and also forget about that bet if you lose. Rich people place adequate their wealth bets and also feel bad when they lose.

[Odohu]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

Being rich can mean different things for different people so it will be a little difficult to state what qualifies as being rich. Some people will consider themselves rich as long as they have their basic needs met and they have some balance with which they can gamble with part of it and even save a little. Others will have most of the things prayed for yet they will consider themselves poor because they are not satisfied. So, gambling is not only for the rich, as long as you have extra income after settling your basic needs, you can gamble.

[Africolo]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

Gambling has never been meant only for the rich everyone who has money can gamble and win if they are lucky enough, it wasn't designed for the rich, the difference between the rich and the poor when it comes to gambling is that the rich bet with any amount and even when they loose they can easily move on but because the poor don't have enough money and they have chosen gambling as their source of income they tend to regret whatever amount they lost in the process of gambling.


In as much as I love to gamble to make profit, I can't actually borrow money to stake a bet and end up running away to another location because I don't have the means to repay, it is ideal as a gambler to bet with your money so if you don't win you will have your peace of mind than running helter shelter to repay a loan borrowed to gamble. Another greater advantage the rich has over the poor in gambling is their staking power that's all, everyone both rich and poor is entitled to gambling.

[aioc]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

I experienced that I have to sell my gadgets just to pay the loan, and I struggle to buy those gadgets that I lost from the loans. I learned my lesson never to take a loan just to gamble, because there is no guarantee of return.

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

You will have a bad rating, and you will no longer be eligible for a loan. If there is intent to defraud, they will charge you with estafa, hold you responsible for repaying your loan, and pursue you until you pay.

[salad daging]

Yes, this term may have some truth, because rich people when they lose they still have a large massive income, not borrowing money because of gambling so they can forget about losing, but this is only partly, because there are still many rich people bankrupt because of gambling.

Loans for gambling? This is not sane for me and I don't want to do it because after all, gambling wins are uncertain while you have to pay the loan every month plus interest, you might not be able to do it and end up running away from the bank.

Stop gambling with borrowed money, if you can't afford it.

[Rruchi man]

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

Can you really run away from a bank loan? The bank did not come to your house to give you the money, so running away from your home does not automatically save you.

If you take out a loan and lose money on gambling, how will you repay the loan?

Loans will put you under pressure; it is not the best for anyone who intends to gamble under no form of pressure. If you must take bank loans, it should be for better reasons, not gambling.

[Beparanf]

The rich can easily forget the loss of money so they are ready to gamble at any time. If you take out a loan and lose money on gambling, how will you repay the loan?

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

You can gamble using small amount. House game minimum bet is very low that even a poor can gamble even with just 1$ USD as bankroll and leave the casino without suffering much losses.

Rich people bet huge amount of money because they have high bankroll which means they experience the same pain when they lose since both poor and rich bet in proportion to their bankroll.

[ovcijisir]

~

Many people in my country take loans from banks to gamble and when they fail to repay they flee the area and move to another city.

I'd say that gambling should be avoided by anyone who needs to get a loan in order to gamble. Going into debt in order to gamble is very risky and if person can not afford the loss he could get in big trouble.

I wouldn't say that gambling is only for the rich, but it is for people who have disposable income that is available afyer paying for neccessities.