Is gamnling for the poor?

[Crypto_Timothy]

Is gambling really unnoticed among the rich people? Because the few rich who gambles it is very hard to know they are into gambling.

If you go on X and search gambling you will see people betting in the millions, so i cannot say gambling is for the poor but of course it is designed to keep you where you are and even most likely to bring you down and keep you there because as we all know the longer you play, the larger the chances that the house wins everything back and even more leaving you in debts.
Rich people are looking for ways to multiply their money at even faster rates and im certain alot are trying to multiple it through gambling even if they disguise it as playing for fun, behind everything they want more money.

If i have just $100 and i gamble and lose all or say i lose 95%, thats jut $5 im left with but if someone who has $1m and he bets $1000, even if he loses 100%, he will still be fine but me that lost 95% cannot sustain myself with my balance. We hear more stories about the poor than the rich because they have back ups but everybody gambles, because everyone wants money.

[Pikiboy]

We can actually say that the poor are targeted but sincerely not, there are gambling site around the rich people but you would never see them going into gambling house to gamble and spent time as  those who are chasing for money to survive. The main reason why Rich people aren't featured in most at time is because they gamble responsibly than the poor who may have seems to lose entire hope on making an ends meet. Vast majority of gamblers, I mean the poor do not have an alternative choice of an income that is why they usually remain in the gambling site just for them to make at least a winning for that very day.

[xenomorfo]

The poor has all reasons to try and chase money as a gambler than the rich, although the rich also wants to make some money but they are always cool headed, there is nothing to FOMO after because they are self made already.

A poor man is a desperate man like they say, the rich is in a neutral state and there is no reason why things should work out the way they want,  but the poor? They will want to force their way, the type of customers that casinos truly needs.

Another good point is the rich knows how to risk what they can afford to lose, in the eye of the poor it will sound big but they can truly afford to lose it, and if they did lose it they have no reason to chase their loss because there is more money where it cames from.

Unfortunately it pains me to say it, but it's the kind of fun that we poor people like.
Just as we poor people like street food, we like handshakes and hugs.
We also like nature, love, feelings.

I would say that they are the wrong ones, not us.

[Homemade-IQ]

If you go on X and search gambling you will see people betting in the millions, so i cannot say gambling is for the poor but of course it is designed to keep you where you are and even most likely to bring you down and keep you there because as we all know the longer you play, the larger the chances that the house wins everything back and even more leaving you in debts.

Although I do not believe everything I see on X because they are mostly a lie, but it's very hard to see a rich dude in your neighborhood that is known to be gambling consistently. Gambling is not designed to keep you at a spot as you are saying, because as far as I know, it's for fun. It is only those that sees it as a means of making money that are being punished financially by it effect.

. We hear more stories about the poor than the rich because they have back ups but everybody gambles, because everyone wants money.

I think that it's because the poor are many than the rich, or it's because the rich are doing it more in secret than the poor that doesn't know how to do it in secret.

[PostQuantumBTC]

Gambling is for everyone that loves gambling but gambling should not be for the poor that is finding it difficult to meet their monthly needs. Such people should not waste the money that is not enough on gambling.

Gambling are for people that have extra money after meeting their monthly needs, saving emergency funds and still have savings left.

Poor people gamble because they want a miracle but which is stupidity. People should be contented with what they have.

[_BlackStar]

-snip-

If you go on X and search gambling you will see people betting in the millions, so i cannot say gambling is for the poor but of course it is designed to keep you where you are and even most likely to bring you down and keep you there because as we all know the longer you play, the larger the chances that the house wins everything back and even more leaving you in debts.
Rich people are looking for ways to multiply their money at even faster rates and im certain alot are trying to multiple it through gambling even if they disguise it as playing for fun, behind everything they want more money.

Gambling for all - the financial status of gamblers will only differentiate their mindset and the way they approach gambling. In my opinion - gamblers with wealth status really gamble to multiply their money, fun is only the initial reason until we see their expression when winning bets. The bets they place are quite large and they can also win large amounts of money - so that's how the whales approach gambling.

One person with hundreds of millions of dollars in assets will likely not feel like losing much if he only loses one million in gambling. They don't gamble all the time like most other gamblers - unless they want to destroy themselves and their wealth faster. Gambling can turn into a wealth-destroying machine if not approached in the right way.

[Ashawowo(OS)]

Is gambling really unnoticed among the rich people? Because the few rich who gambles it is very hard to know they are into gambling.

This is the thing, most rich people would not want to come to physical betting houses, maybe because of social standing and busy schedule, but they gamble online which is more accessible anytime, anywhere and any day, so opening a betting house in a rich neighborhood would have little or no patronage.
I do not agree with the image, everybody gambles, both rich and poor, just that the rich uses more of online gambling platform.

[Miles2006]

The idea of gambling is not only about the rich or the poor, the poor in this situation appears to be a target because they’re more vulnerable meanwhile the casino don’t picture gambling this way instead both the rich and poor happens to play equally with same odds, game etc.
Fair enough, after I read the topic I was surprised how majority of people think when it comes to gambling platform, I believe every casino operates with the mindset to render a better service and alongside earn profit so obviously if the poor happens to gamble more often then it’s left for them to regulate their gambling habit. A betting shop in a wealthy neighborhood is rare but, the online gambling platform is also available.

[POPOLUV]

I saw this post some where and l screen shoted it. Is gambling actually for the poor people? Seeing this post it makes feel  as if the poor are the main targeted in gambling because the average poor person thinks gambling is a way of becoming rich either through luck or even confidence.

Is gambling really unnoticed among the rich people? Because the few rich who gambles it is very hard to know they are into gambling.

I don't know why I'm having this feeling deeply inside of me that i have come across these thread here in this community, but if my feeling is not right then i will contribute to my best of knowledge because even since i started gambling, i have not come across where they say that gambling is designed for a particular category of peoples, so as such, i will suggest that people just decide to develop such mentality on poor peoples, because gambling is not only the means of elevating any poor person to riches and it is believe that a rich person can channel the same energy as the poor person do gamble with.

[Achalugo BTC]

For me, I will say gambling is not only for the poor, but for everyone. Though, the poor abuse gambling much more than the rich people, as they think they can make money or become rich through it. This is the mentality that makes the poor become more addicted to the game, because they hardly let go of their losses, as their emotions always cloud their judgement and lead them into making poor decisions. If they understand that gambling is not really designed to work as they expect, that might help them suppress the urge to become an irresponsible gambler and also help to exercise self-control at all time.

[NewRevelation]

I saw this post some where and l screen shoted it. Is gambling actually for the poor people? Seeing this post it makes feel  as if the poor are the main targeted in gambling because the average poor person thinks gambling is a way of becoming rich either through luck or even confidence.

Is gambling really unnoticed among the rich people? Because the few rich who gambles it is very hard to know they are into gambling.

I think the information in that screenshot of yours is not true, all will I say it's 50/50. Both the rich and the poor gamble. Sometimes, I feel the gamble less but spend more, while the poor gamble more and spend less.

The amount a rich man might use to gamble once may be the amount a poor man can use for his overall monthly gambling. The rich spend more than the poor. So, gambling is not only for the poor, or designed to exploit the poor alone. It's a business strategy, and everyone one gamble, wether rich, average or low class.

[lionheart78]

I saw this post some where and l screen shoted it. Is gambling actually for the poor people? Seeing this post it makes feel  as if the poor are the main targeted in gambling because the average poor person thinks gambling is a way of becoming rich either through luck or even confidence.

Is gambling really unnoticed among the rich people? Because the few rich who gambles it is very hard to know they are into gambling.

No, gambling is not only for poor people, and gambling don't target poor people because they are exploitable.  Gambling is for everyone, the more the gambling industry's audience is the more successful it will be.  In reality, gambling casino and other gambling platform would love to have wealthy people because they can spend way more than poor people.

I don't know why you asked about rich people not noticing gambling; were you just born yesterday?  Or did you fail to observe your surroundings? Because it is everywhere in the internet shows that rich people are also into gambling; they even spend millions of dollars while engaging in gambling.

[Mr_Brilliant$]

There are different sides to this. And saying only poor people gamble is too wide. Let's look at the angles. First poor people are more in gambling that's why you will think so, wrong. The rich gamble elsewhere and not necessarily casino's. Some do gamble in casino though. So not only the poor gamble. Thinking that gambling is meant or assumed to be for the poor just because they advertise in such a way that it's a way to get rich. No no. The target audience may seem like it's for the poor, but it is not true.

[Versatile_choice]

Gambling is not created for a particular set of people, of course both the rich and poor is allowed to gamble. But it is true that the poor are the ones that easily fall victim or get addicted the most, because you hardly see a poor person gambling with the intention of having fun with it if not to make money.

Although some rich people also go with this intention but the rate of rich people who are going with this intention of making money or to double their money in gamble is quite low than that of poor people.

[Muba20]

Both the poor and the rich gamble, but the gambling of poor people is easily noticeable because they try to gamble for a long time. They want to get rich through gambling, which increases the chances of addiction. They have no other source of income and since their income is limited, they try their best to change their fate through gambling. Rich people also gamble, but the style and expectations of the rich are very different from the poor. A poor person wants to get rich quickly through gambling, whereas the rich gamble for entertainment in many cases, while some may gamble even for a small amount of money, but certainly the poor gamble more than the rich. I do not want to discriminate between the rich and the poor in gambling.

[ArabBTC]

Gambling is a way of registering once opinion on an event, wether it be sports, lifestyle or anything, everyone in life have their separate opinions as regards any issue or event, that is why gambling in general is not peculiar to any social class, both the poor, rich and middle class can gambling because humans always have unique opinions, the only reason why it looks as if the poor gambles more is because of their approach to things, poverty is like a disease, it affects once thought process and lifestyle, poor people normally aren’t reserved, they are often very loud, poor people often times have a larger irrelevant friends circle but a rich man is always reserved in his dealings, a rich man has a smaller but more relevant and reliable friends circle, a rich man will prefer to gamble from the comfort of his house, using his phone and the next person close to him won’t hear about it, even though he is gambling with a very large stake, so often times people feel the rich don’t gamble but that is not true.

[348Judah]

There are different sides to this. And saying only poor people gamble is too wide. Let's look at the angles. First poor people are more in gambling that's why you will think so, wrong. The rich gamble elsewhere and not necessarily casino's.

The distinctions between the rich and the poor in gambling is just about their diplomacy on how the appear a gambler, not everyone really understand how to maintain a pedigree level of how they expose their gambling behavior to the public, the rich and more reserve in this and that is where you will hardly see them gambles where others are, but a poor man will always feel comfortable to gamble anywhere at any time without losing any relevance because he has known to protect to be certain extent, that is why it may seems to many that the poor major league gamblers and not the rich, but in reality the rich of to gamble but not to that extent.

[CryptSafe]

First and foremost, there is no segregation amongst players in gambling based on their financial status, gambling is for all as long as we derive satisfaction from the games we play. The only difference according to some findings is that the both categories of people play with different perspective. Although both the rich and the poor as categorised by OP also do want to win big but to some extent their thoughts and mind set varies towards gambling in general which is why sometimes you see an average person want's to play and win big and the rich just relaxed and they play for fun and if they win big so be it but if otherwise they accept it in good fate amd they don't do that so frequently just like the other categories of gamblers.

[Pandorak]

I think the answer is NO.

Gambling is accessible to everyone, whether poor or rich, they all gamble. One of the difference may be the amount of money used for gambling, the rich certainly have a higher budget because their income is relatively larger. Meanwhile, the poor often use money from their income that’s meant for basic living expenses, that money is then used for gambling, a highly inadvisable gamble.

On the other hand, there is one common factor that sets them apart. Most wealthy people gamble simply for entertainment during their free time, such as on weekends or as a distraction from the stress of work, so they need a temporary diversion. In contrast, one of the primary goals of the poor is undoubtedly to make as much profit as possible, they are even driven by the desire to acquire wealth and the hope that this can be achieved through gambling.

[Odogwu-Blockchain]

Is gambling really unnoticed among the rich people? Because the few rich who gambles it is very hard to know they are into gambling.

Is Drake a poor rapper? Your answer will answer your question.

If you don't know, he sometimes spends $500k on betting and losses it, sometimes he wins double only on stake gambling platform. You could be saying Drake is just having fun, but it's more than that.

The same way Drake is a popular rich person, is the same way other unpopular rich people are also betting heavily, just that they don't go to public spot or casinos. There are many poor people in the world, poor people accumulating little dollar is more than one rich person money.

That's why it seems like gambling are for the poor but it's not, it's for everyone.