Is gambling only for the rich People?

[nara1892]

Who says rich people easily forget about losing money? Is there any evidence to support that idea? In my opinion, the opposite is true. Rich people are more calculating with money because they usually keep a detailed record of their income and expenses. So I'm not sure if rich people easily forget about losing money. In this case, I think it's all the same.

Taking out loans to gamble is strictly prohibited. It's too dangerous because it can lead to bigger problems like debt, and many gamblers end up stressed because of this. So, the bottom line is, if you're involved in gambling, try to avoid loans.

[xenomorfo]

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.

rue, you're right, in the end you're either rich or poor, the game is always the same.
Slot machines don't make a difference if you're rich or poor, they have their own system that rewards a certain number of people after a certain number of plays, that's it.

I never thought gambling was democratic.

[Pandu Geddon]

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.

For now, anyone can gamble. Gambling today is for those who have money to bet. 
Taking a loan to gamble is a wrong step in someone's life. You can work and earn money, and part of your money can be used to gamble. If you borrow money to gamble, then when you lose, the risk becomes greater. Even if you have money to pay back the loan, you must be willing for your needs to go unmet.

[purple_sparkles]

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.

For now, anyone can gamble. Gambling today is for those who have money to bet. 
Taking a loan to gamble is a wrong step in someone's life. You can work and earn money, and part of your money can be used to gamble. If you borrow money to gamble, then when you lose, the risk becomes greater. Even if you have money to pay back the loan, you must be willing for your needs to go unmet.

I think wealthy people are much less likely to gamble or suffer from gambling addiction, because those who know how to make money are unlikely to play in order to earn it. For them, gambling is more of a form of entertainment, and they channel their adrive into other areas. I believe that people with lower financial responsibility are more prone to gambling addiction, as they tend to see gambling as an opportunity to get rich.

[casey15]

While I won't totally say that Gambling is for the rich, one thing I know is they have an advantage. We always advised to risk what you can afford to lose, but for a poor man that is a very small amount of money and it won't yield much profit, that is why you see people using their rent, lifesavings, take out loans, just to bet. But with the rich, the reverse is the case. The money they stake that they are able to lose is huge enough to give good returns in their bet. It is easier for them to just place bet with substantial amount and forget about it. That is not to say that gambling is for the rich only, it just means that they have a huge capital advantage over a poor man

[TheUltraElite]

I dont think a responsible person will gamble with loans on their head. The rich who have become rich gradually understand the importance of their money and are less likely to gamble on loans even if they are rich and this is applicable to everyone without having any wealth boundary.

Even the poor people take loans to gamble and the reason for that is very simple, they are willing to take the risk and their already owned capital is small enough to not be able to make a decent wager.

However doing so puts you in a high risk condition, which I never recommend to any newbie or veteran.

[robelneo]

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 depends on the amount of money the rich have lost; rich people gamble with big money, so don't assume they just forget and move on and gamble again. Some rich people also take a loan sold their properties because of gambling losses.
I don't recommend running from your loans, especially if it's a bank loan. They are capable of locating you and getting your assets because they have litigators to do that.

[Agbamoni]

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.

Most rich people have financial literacy. They can hardly lose money stupidly in whatever they do. And come to think of it, the rich are not eager to make profit from gambling. It is a one step at a time, enjoying the fun as they expect profit or loss. Too much pressue to make profit is what is affecting the poor, I am very sure we have more poor gamblers addicted to gambling than we have rich people.

[Derekfunds]

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 sure are you that the rich can easily forget about the money they loss? I don't think is true or correct because the rich are always very careful when it comes to money because they knew how hard and difficult it took them to be where they are and so they don't joke with it unless someone that the money been made is not actually his or  her sweat. Taking loan to gamble is not advisable and someone who is disciplined will never do that and so I see people that take loan to gamble as undisciplined people and irresponsible.

[Obim34]

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.

Rich people are no better, it is not about forgetting losses, rich gamblers can equally spend huge amounts gambling, which will somehow affect their finance, there is always a breaking point the rich and consistently mismanaging funds will result in financial damage.

Taking loans to gamble is a bad idea, it has nothing to do with being rich or poor, there is a quote that says, "If you don't earn like them, don't spend like them", everyone has their own financial capacity, don't spend more than you can afford.

[rachael9385]

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.

Taking a loan to gamble should be a line that nobody should cross because it can put anyone in a precarious situation. Even though gambling is for everyone it doesn't mean that everyone really enjoys it, only the rich can see gambling as an entertainment and enjoy the game because they can gamble freely without worried about what they have lost

[Uhwuchukwu53]

Gambling is for everyone, there is no class to which gambling is made for provided you have the courage and what it takes to stake, though gambling is more advantageous because they don't feel much or struggle much to gamble and may not even think to commit suicide like most poor gambler, secondly they are more likely to win been that they stake with few game even if the old is small but uses bigger amount to step it up which makes them win more often but the poor gambler uses bigger odd with smaller amount that makes tham losses more often, though it's good as it help in controlling losses as the weight of loss can't be that felt but compared when the money is big. In both the poor and the rich all surfer one thing which is loss but the Rich is of more advantage.

[LOVER BOY 422]

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 totally disagree with you mate, no how you will be rich and lost money in gambling that it will not affect you, it must definitely affect you in one way or the other it will sticks your heart, everyone want to keep winning not in the other way round to lose it, one greatest fear of rich men is never to be poor, why the poor their prayer is to get rich anytime soon, so this is the way it works so if at all rich men lost in gambling it must really pain their heart.
So in conclusion everybody gambling though they all know their reasons behind it, many poor and rich men gamble for fun why some rich men gamble to get more money.

[Leahized]

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 is normal to lose money but gambling with loan money is not healthy. I think every gambler should consider the aspect of losing money before gambling. And we constantly hear, everyone loses money gambling, so why is everyone so interested in gambling? I think this problem is more among the poor because they want to get rich quick without hard work. As for the people of your area, they are very stupid. Because if the borrowed money cannot be returned, the lending institutions or banks will case the borrowers. Then they will not be able to live even if they work well.Must run away. Therefore, whatever work is done now, one should think about what will happen in the future.

[Yorubek]

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 is good for entertainment, choosing gambling to make money is wrong, it is very risky. I think prudent money is very important for gambling, gambling with unnecessary money is absolutely not right. Winning through gambling cannot be said for confirm, the results are unpredictable. Gambling is good for those who have a reliable income and prudent financial management, who will not face any financial problems due to losing the remaining money after using all the necessary money. Gambling on debt is very dangerous, it is not confirmed to make money through gambling. Those who think that by gambling with the money they borrow and making money, all the debts will be paid off, gambling with this mentality is absolutely not right, it is a completely wrong decision.

[leonair]

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 is for those who are financially well-off and gamble only for entertainment and they have the ability to lose the amount of money they use there. If this formula is found, it definitely points to the rich. Because gambling is risky, the possibility of losing is high, so those who are poor are already financially weak, so if they use their money to gamble, they will be at a much greater risk. However, it is seen that the poor gamble more than the rich. This is because they think that if they gamble, they will win a lot and change their situation with that money. I also believe that gambling is only for the rich because spending money for entertainment is not the job of the poor. But the poor gamble more than these due to the greed for money.

[Odusko]

The wealthy can easily forget the loss of money, so they are often 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.

Taking a loan to gamble should be a line that nobody should cross because it can put anyone in a precarious situation. Even though gambling is for everyone it doesn't mean that everyone really enjoys it, only the rich can see gambling as an entertainment and enjoy the game because they can gamble freely without worrying about what they have lost

That is one of the dumbest things to do, taking a loan to gamble with, risk avoidance could be the worst thing to do loan is high risk combined with gambling, becomes a higher risk everyone should have that well thought out before even thinking of going that line, it's not even advised to gamble with an amount that is higher than your spending incomes.

[DrBeer]

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.

People who haven’t earned their money—or who’ve earned it too easily—tend to forget all too quickly about losing it. Big, easy money is already in the realm of crime
Therefore:
- People of any income level can gamble
- Anyone who has earned money through their own hard work values themselves, their labor, and their money as the fruits of their labor

[Dr.Bitcoin_Strange]

Gambling is for everyone as long as the person can be able to afford playing with their money, some people might be poor but even without taking loans to play, they can still squeeze out small funds out from their income which they are using to gamble with it most of the time. Some people are not so poor to the extent that they won't have money to fund their wallet, while some of those people that can not afford anything are the ones taking loans to gamble with, and it's very wrong, that is a sign of addiction.

[Juicyhome]

Is this a reasonable topic Op? Gambling is for everyone the poor play gambling than the rich people out there, gambling is for  greedy people, is greed that make people to gamble, we all want to make quick money without putting in much work. The poor play gambling to be rich while the rich play gamble to double their money.

It's not just for the rich, rate of rich people in gambling are low, because they're engaged with businesses and work while poor people are always available to gamble, that's why the poor are theost addicted gamblers in the world, they hope on gambling to pay bills and for survival.