Is gamnling for the poor?

[Nwada001]

Gambling is a neutral activity, every body is involved,

Some may look at it from one perspective and say it's made for the poor.

Some other from another perspective will say is to drain money from the rich,

Everyone has the way they see it but the truth remains that is a normal activity that anyone can do regardless of financial worth.

Yeah, it’s an activity for everyone, and don’t restrict any class from participating. How one deals with it or approaches it is based on their own personality and has nothing to do with their money. The rich can be addicted, and so can the poor. The rich have more money on their disposal. so do the poor have more time to spend at their disposal everyone have what to lose including money.

[hedgeh0g]

Yeah, it’s an activity for everyone, and don’t restrict any class from participating. How one deals with it or approaches it is based on their own personality and has nothing to do with their money. The rich can be addicted, and so can the poor. The rich have more money on their disposal. so do the poor have more time to spend at their disposal everyone have what to lose including money.

I would say that for the poor, gambling sometimes appears as something they try to hold onto. If a poor person has a couple of dollars, they might decide to try their luck making a minimum deposit simply because they are grasping for a bit of good fortune or hope. In a life defined by poverty, there is often very little to hold onto, and that is something every human being needs. For the wealthy, gambling is more of a form of entertainment, so it doesn’t pose the same kind of threat, yet, if they let their guard down too much, even a wealthy person could end up losing everything, down to the very last cent.

[Silverstonez]

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.

This is not true because, gambling was never designed to exploit the poor people. In its early years, gambling was primarily viewed as a form of entertainment and recreation.  It was never a deliberate means of exploiting the poor or vulnerable people as many people assume. Personally, I believe that the rich spend more money on gambling because they have more money than the poor people. Sometimes, the amount of money that hundreds of poor people spend on gambling in a day is equivalent  to the amount a single rich person would spend within an hour.

[DrBeer]

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.

The most accurate answer from Ziskinberg https://bitcointalk.org/index.php?topic=5599051.msg67317405#msg67317405
Like any market, casinos have two key sources of profit: a low-margin but very mass-market segment-the very same low-income players-where a casino with millions of players earns, say, $1 per player, but that adds up to $1 million. And the "premium" market, for a much smaller circle of "consumers," each of whom readily spends tens or hundreds of thousands of dollars.
The latter require more attention and a very high level of service, while the former just need to be given the opportunity to "dream of the possibility of indescribable wealth through winning." This is precisely the audience [Ziskinberg](https://bitcointalk.org/index.php?action=profile;u=703125) wrote about-they've decided that through such a "simple method," they can get rich and easily change their lives...

[AmaGold70]

I don't think gambling is introduced to exploit the poor because losses that comes with gambling is for both the rich, and the poor, so what matters most is playing safe, and ensuring responsible gambling. It may not be right to say the poor should not gamble even though there is high possibility of incuring losses. Some poor people have won life changing bet, and if they had not engaged in gambling they would not have made such life changing bet. Also, some people who are rich have also made more money gambling. So while gambling has has negatively affected some persons, the same gambling has also favoured some persons regardless of your status.

[Bigjoe33]

Gambling is a neutral activity, every body is involved,

Some may look at it from one perspective and say it's made for the poor.

Some other from another perspective will say is to drain money from the rich,

Everyone has the way they see it but the truth remains that is a normal activity that anyone can do regardless of financial worth.

Yeah, it’s an activity for everyone, and don’t restrict any class from participating. How one deals with it or approaches it is based on their own personality and has nothing to do with their money. The rich can be addicted, and so can the poor. The rich have more money on their disposal. so do the poor have more time to spend at their disposal everyone have what to lose including money.

I think it's even for the rich, because the gambling sites are all for business, and they will get this money from the hands of the rich folks. How much does a poor man have to gamble? How much food has he eaten, let alone spare money for gambling.

I think the statement should rather be, gambling is made for the rich to extort money from them. They are the ones that play with big amounts of money. They are the ones really promoting the business and making the site owners rich oner night,  it the poor people people gamble alot too and can get addicted.

[Cantsay]

If you do a survey of all the gambling platforms, they would tell you that they actually prefer those who are rich, because they would most likely be high rollers and that would give them more money.

The reason why you see it in poor neighbourhoods is that those who are poor are looking for the quickest way to make money, and because of that mindset, they would always want to gamble, look for ways to get the most out of something that they didn't put any effort into even if it means cheating. Rich people understand money and because of that they wouldn't be that unwise to think that gambling would make them richer.

[Byebyebtc]

I think it's even for the rich, because the gambling sites are all for business, and they will get this money from the hands of the rich folks. How much does a poor man have to gamble? How much food has he eaten, let alone spare money for gambling.

They are still going to gamble regardless 

I even feel in numbers the poor people are more, when it comes to gambling, don't forget those local gambling centers in the neighborhood, so it's generally for everybody no poor no rich when it comes to gambling man

[obuoma]

Gambling is not designed for the poor because money is needed to gamble and the poor rarely have enough to spare. To gamble effectively and without despair, it is expected that the player already have his basic needs met and the amount used to gamble is something he can afford to lose. By this explanation, it can be seen that gambling is not really best suited for the poor, however, it has this element of hope that the poor need for solace. Gambling give them the hope that their financial life can be changed if they get lucky, this is the reason you see much poor people gambling.

[HustleZ]

[…]

It is for neither one when we look at it financially, the risk it involves and the damage it has done to people till now so considering all that drawbacks it involves then there’s no person for whom gambling is suitable, gambling is like alchohol or like any other addiction that increases slowly and compounds, so it should be avoided at all because why do something that has a very low percentage of giving returns and high percentage of giving losses, so its better to invest time in something that has a more firm base and doesnt involve that much high risk

[Brizi5000]

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 if there should be a class of people that gambling is supposedly made for, then it should be for the rich and not for the poor because it is the rich who knows what gambling is actually created for. they are also the ones who can bear the risk of losses in gambling than the poor because they mostly (the Rich) gamble for fun but the poor see gambling as a place of hustle to make profit and earn a living. The Rich actually gamble more than the poor, the reason why people barely notice a Rich person who is into gambling is because they dont come outside to complain and vent their frustration after losses because they didnt actually go there to make profit but rather they go there for fun.

[Findingnemo]

Gambling is for entertainment and poor might need them too.

But to the context of this matter, yes they start thinking that gambling can change their financial condition when they have nowhere to turn too but not everyone who is poor choosing gambling but some and they are keep spending money with the hope of making more and the worse thing is they don't have the money to spend on gambling and still they do.

[Hyphen(-)]

Gambling must be suitable for anyone who dominates their emotions. If a gambler lets his emotions to dominate then it will destroy them over the time. Gambling at minimum level and not getting addicted to it will help anyone to gamble for longer time regardless of they are rich or poor.

This where the difference comes. The rich gamblers get their time they wish to gamble, and they use reasonable amount of money to stake their games; they hardly get addicted to gambling because they have another sources of income, they don’t dream big and they make big because they use reasonable amount of money to gamble, but doesn’t mean that they gamble for money; they primary aim is money after fun.

While the poor gamblers got addicted easily because they gamble for money, and they will keep trying until make the money, and that’s how they get addicted easily.

[Obim34]

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

You reduced gambling to a simple betting shop, have you seen a poor man in an expensive casino house? There are levels to life, the rich love comfort, and their major gambling locations are inaccessible to a poor man, the betting shops along the street will mostly be occupied by gamblers of similar status.

The rich mostly use online casinos, they hardly visit a physical store, you need to be among the rich to know exactly how they operate.

[uneng]

Just look Las Vegas and you will see betting shops in wealthy neighborhoods. Fact is that gambling is available everywhere and for everyone nowadays. Gambling is for everyone who wishes to try it. However, I don't think the poor should gamble, because they don't fit the minimum criteria or requirement to gamble, as they don't have money they can afford losing. That should be enough for poor people to stay away from gambling.

But they keep gambling, not because they were forced to, but because they decided to through their free will.

[Grace333]

Gambling is for all categories the rich, average and poor but they all have different mindset towards gambling. Casino wouldn't target the poor but the rich because they're high rollers.

Gambling is for everyone but it's something that affects poor gamblers and more comfortable for those that are rich to engage in it, those that are rich can lose a specific amount of money without being affected because they are not gambling desperately to get rich but the casinos usually target the rich gamblers because they stake more.

However, due the poverty the poor took it upon themselves to escape from poverty through gambling and that has done a lot of harm to them financially, mentally and physically. If a rich man gets addicted, he can lose everything he has to gambling and become poor. Majority of the rich gamble for fun and majority of the poor gamble for profit sake.

That's accurately said, the reason why a lot of people that are struggling financially are the ones that gambling more, these are the ones that gamble to make profit or to get rich quick, this is what makes them addicted to gambling.

[Mallampue]

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.

The mistake may come from the majority of those who are poor actually expect a lot that gambling can change their lives and this happens because they see too much or maybe even too consider gambling as a way for them to change their lives instantly that makes them spend time and money just to gamble.

It is undeniable that there will be a lot more gamblers who come from difficult economic conditions than those who are rich in gambling but that does not mean gambling exploits those who are poor because this is not true.
Gambling can be done by anyone and anytime regardless of how the economic strata that we have everything will remain the same when we sit at a gambling table or are staring at a gambling site.

[Fiasem20]

Gambling wasn’t designed for the poor,the poor ones are the ones that view gambling as a space to make life changing money whereas gambling wouldn’t grant that desire to them.The rich gamble too and theirs are not too heard because they gamble on amount they can afford to lose unlike the poor that don’t have enough yet they’re willing to spend their last penny in gambling with the mindset that the money would double.Though most rich people spend huge amounts of money in gambling,but that could be their bankroll for instance everyone knows how Drake a popular musician usually stake huge amounts in betting,that’s to say that the rich even gamble irresponsibly but no matter how lavishly they spend on gambling it doesn’t affect their financial position most times.

[osasshem]

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.

The rich gamble in a more sophisticated way that is not publicly known, and that makes them look like they don't do it. Physical Gambling platforms are mostly around the region where the poor are dwelling, and this is a mentality that a quick profit can make a total difference, and that's why they will continue gambling.

If we look at the different advertisement used by these gambling platforms, it is more directed on making huge profits which attracts those who doesn't have enough. The social engineering in he gambling industry and their advertising patterns makes it to be irresistible to those who desire to change their financial status in a short period of time and effort, relying on luck.

[GxSTxV]

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.

Can you see the amount of football players who are gambling and betting? Drake for example is always streaming his betting sessions with multiple types of games. They are rich but still enjoying the feeling of adrenaline rush because they can always put higher bets that can actually make some changes in their total fortune.
Meanwhile, the main reason for someone to enjoy or not enjoy gambling is their mind state with their understanding of gambling if they can control it over time.

Average or poor gamblers are more likely to enjoy when they win a significant sum that can their entire life.