Is gambling only for the rich People?

[Dareo]

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.

However, although gambling is open to everyone, it is not equal for everyone. Rich and poor can both lose but the impact of the loss is not the same. For the rich the loss is often temporary but for the poor it becomes a big blow. And more money means more winning this is not always true because in the end gambling is based on probability, not balance. In my opinion the real difference is not the amount of money, but how much control one has over it. Without control the end result can be the same for both rich and poor.

[acroman08]

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?

Why do you have to take out a loan to gamble? You can literally gamble without taking out a loan. A lot of us here in the forum gambles without taking out a loan. You don't have to be rich or have a lot of money in order to gamble, what's important is you can afford to lose the money you use for gambling.

[Achalugo BTC]

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.

Absolutely, gambling is just gambling, which doesn't care if one is rich or poor, which the odds will always not be favourable, that is why they said that its a game that is being determined by luck. Which i think the system is designed to only favour the house. That is why people are instructed to approach gambling with a clear mindset, which will help to keep their emotions in balanced and also the fun intact without having any emotional impulses.

[Wiwo]

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.

However, although gambling is open to everyone, it is not equal for everyone. Rich and poor can both lose but the impact of the loss is not the same. For the rich the loss is often temporary but for the poor it becomes a big blow. And more money means more winning this is not always true because in the end gambling is based on probability, not balance. In my opinion the real difference is not the amount of money, but how much control one has over it. Without control the end result can be the same for both rich and poor.

I have seen a superstar musician in my country that have recorded a llotof losses that run into millions in my local currency, this loses have not had any effects on him and he kept gambling even with a stake and other popular casino promoters. This reality shows what gambling is to a rich guy and what it is for someone with limited money.

The vast majority of us here are regular gamblers, wagering the averages, this most important thing is to apply the limit needed to keep you at a safe level side.

[Hispo]

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.

Definitely gambling is not only for the rich, otherwise we would only see rich partaking in gambling and there would not be so many casinos in developing countries in Latin America and also in Africa.
Even if it does not make sense at first, the poor and the middle class (those who may not be the ones supposed to gamble) are actually the ones who gamble the most, while the rich and the privileged of society focus on creating legacy value through investments.

It is true the rich have advantage on gambling, but it is not about gambling alone, it has more to do with the fact they have leverage over all society, because of their wealth.

[Dunamisx]

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?

Gambling is not meant for only the rich but everyone, that is why you can discover today that there are some abnormal behaviors that both the rich Gambler and the poor one can exhibit when gambling, even a rich Gambler can decided to go for taking loan to gamble and misbehave, while you discover that an average Gambler do not even go to that extreme end because he understands why he shouldn't, therefore it's varies depending on the gambler that is involved.

[Muba20]

One should always use one's own funds for gambling. Especially, one should use money that one can afford to lose so that losing that money does not have much impact. People usually take loans to complete their necessary or profitable tasks, but there is no logic in thinking of gambling as such. Money can be made in gambling but there is no certainty of it. Sometimes winning and sometimes losing is a regular occurrence in gambling. But when a gambler loses after gambling with a loan, it becomes difficult for him to repay the loan.

If a gambler uses a small part of his income for gambling, then he does not have to be rich, he can gamble even if he is poor. Only when a gambler gambles beyond his means, he has to go to a situation where he has to take a loan. If responsible gambling can be conducted, then there is no need to take loan.

[Mindyspace]

From what little I understand, this happens because many people see gambling as a quick way to make money. The problem is when a person starts betting with money they don't even have, like a loan.
Those who are rich can even lose and move on with their lives. But those who borrow money and lose end up drowning in debt. Then there are cases of people who can't pay and end up leaving or moving to another city.
In the end, betting with borrowed money almost always only makes the situation worse, because then comes the addiction and everything can become more difficult to deal with.

[shawonngp]

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 sites have not made any such rules where they have to be rich to gamble on their site, so why are you saying that gambling is only for rich people? Gambling is open to everyone; if you are above 18 years of age, you are eligible for gambling. I have seen many Gamblers who owned a lot of money but lost everything in Gambling, sold their houses and cars, and became homeless. Can those Gamblers ever forget their huge losses? Never, it is not true that the rich gambler forgets easily when they lose. True, some people take gambling loans and, after losing them, fail to repay the bank and run away from their locality. Such cases happened in my village. Bhai

[Big Dirams]

From what little I understand, this happens because many people see gambling as a quick way to make money. The problem is when a person starts betting with money they don't even have, like a loan.
Those who are rich can even lose and move on with their lives. But those who borrow money and lose end up drowning in debt. Then there are cases of people who can't pay and end up leaving or moving to another city.
In the end, betting with borrowed money almost always only makes the situation worse, because then comes the addiction and everything can become more difficult to deal with.

The mistake many people have when gambling is the mindset that gambling will get us rich and make fast and quick money from us. Gambling is a lucky activity and relying on it as a activity that will give us the break through we are looking for will only result into more and more loss which we wouldn’t want that to happen but that how the outcome always hits when one has such mindset so let restrain from such.

 However lending funds to support our gambling activities will only result into high debts because what we are channeling the money into is something that deals with luck and nothing much so it just a high risk to take such decisions. Gamble with your money and face the consequences alone without no much trauma.

[Pandorak]

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

Not really. In fact wealthy people are more careful with their money, every penny they spend must serve a purpose. In this context, gambling can provide entertainment.

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

If you have other sources of income, such as a job or a business, then it might be possible, but if you don’t do that and rely solely on gambling winnings to pay back the loan., that’s a mistake and you should think it over carefully before actually doing it.

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.

This is the result of making decisions based solely on momentary emotions, without considering the risks. Hoping that the borrowed money will lead to a big win or recoup money from previous losses.

[alegotardo]

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.

No, I am poor and I play whit gambling normally. The difference is that I gamble much less than Neymar

I do not think that a person need to be rich to gamble or take out loans bank to have fun....Both poor and rich can have fun, but I believe the amount of money wagered is what makes the difference between one person or other, a rich person will not have any fun to bet $10 and win $100... they will bet 1000 to win 100000, right!?

Gambling is very democratic to everyone, everyone can have fun with it, regardless of whether they are rich or poor.

[jossiel]

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.

First, never take a loan to gamble.

That's a rule that all gambler should never do. You don't gamble if you don't have your own money. And that's why the rich affords it because they have their spare money to gamble.

Let's apply that to ourselves as well that we're not going to gamble if we don't have spare money to gamble. Gambling is for everyone who can afford it.

[Davidvictorson]

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 doesn't matter whether you are rich or not do not borrow money to gamble.it is not a financially wise decision to make. Gambling suppose to be a fun activity for pleasure and entertaining activity. Even On the gambling website you are warned to gamble responsibly with only money that you can afford to lose - this advice is not for the poor only it is also for the rich people. Any one who takes out a loan and flees should be arrested and dealt with.

[Fredomago]

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.

First, never take a loan to gamble.

That's a rule that all gambler should never do. You don't gamble if you don't have your own money. And that's why the rich affords it because they have their spare money to gamble.

Let's apply that to ourselves as well that we're not going to gamble if we don't have spare money to gamble. Gambling is for everyone who can afford it.

Indeed, spare money should be the amount that you use for your gambling activities, never to barrow money just to proceed for your gambling activities, it's add more pressure unlike with spare money which you allocate for your game, it's not hard to let go, and same with what you said, rich people are capable to enjoy as they've got spare that they can let go for the sake of entertainment during their gambling sessions.

[Antotena]

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.

Who told you the rich can easily forget? Are you rich? Lol. 

I don't think money matters when people want to gamble, as long as you bet what you can afford to lose, whether you are rich, average, or poor person, you should be able to move on with your life regardless of what you have as an outcome anytime you bet. Even if you are a poor person and gamble more than you can afford to lose, you are going to feel the impact one way or the other. If you are not financially bouyant, you may regret why you gamble in the first place.

If you want to gamble, do it within the range of what you know you can spend and not feel anything. The main objective of gambling is to win without sacrificing much in the process. People that has money risk way too much than they are ready to let go when they are gambling, it's because of that gesture they loss everything in the process and when things go bad, they don't know what to do and instead of stopping, they go and risk more and lose everything.

[Nathrixxx]

Anyone can engage in an abnormal gambling behavior, because it is a personal choice for anyone to make as regards to how they Gamble, this is more of a behavioral attitude toward gambling and how the gambler can compose himself to maintain a standard of ethics in gambling, once you can maintain how to gamble responsibly and also avoid misconception along the line that could affect you or tinted wrong impression about gambling to other people, then you are qualified to be a gambler irrespective of your status.

[jossiel]

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.

First, never take a loan to gamble.

That's a rule that all gambler should never do. You don't gamble if you don't have your own money. And that's why the rich affords it because they have their spare money to gamble.

Let's apply that to ourselves as well that we're not going to gamble if we don't have spare money to gamble. Gambling is for everyone who can afford it.

Indeed, spare money should be the amount that you use for your gambling activities, never to barrow money just to proceed for your gambling activities, it's add more pressure unlike with spare money which you allocate for your game, it's not hard to let go, and same with what you said, rich people are capable to enjoy as they've got spare that they can let go for the sake of entertainment during their gambling sessions.

Because you will barely feel it bad when you lose that spare money and in all cases, that should be the major rule when we gamble.

Even for the reason that we like to earn some with that money, when it results the opposite from what we're expecting.

We're not rage baiting ourselves in it because from the start, we have already set that expectation that with the spare money we have then it's likely to lose.

[Fortify]

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've pretty much answered your own question, people who are mega rich will often be able to gamble as long as they want at any stake and be able to wake up the next day barely feeling like they lost a few coins. The medium rich will probably have their finances in order and enough self control that they are not chasing some huge jackpot that everyone economically below them is usually after. Down from there and it can be really hit or miss when it comes to education - even people who look like they've got it together can fall under the spell of gambling, which whether you're middle class or poorer can quickly clean out all of your savings. In many places you cannot escape debt just by running to another city because it will usually follow you, even into neighboring countries via court action.

[ColdLava40]

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.

Wow, they will only keep running. Who takes loans to gamble? That's pretty much the peak.

It's already an act of addiction. The rich have enough of money to take such risk, that's why losses that seems like a fortune for an average guy would to them be very little.

Anyone can gamble buy you have to play according to your level in life. Don't try taking huge risk when you barley have enough to keep up. It's all in the mindset..