Do you think if you have a lot of money its hard to satisfy your ego in gambling - page 7.

swogerino

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Quote from: coin-investor on October 27, 2023, 09:25:48 AM

We have threads here about people betting millions of dollars on sports battings and other games in casinos and the amount of money is insane, they can bet millions of dollars on one team and they easily forget everything and bet another millions.

I doubt if we have high rollers who will admit, that having a lot of money means you cannot satisfy your ego or that your level of enjoyment is high that you will need to bet millions of dollars just to fulfill your dopamine level.

What do you think, if I have millions I will be satisfied betting thousands of dollars for fear of addiction that will lead to losing my fortune, but I really don't know if I will reach that level of having millions and still be moderate in gambling.

If I had million of dollars why would I need to bet to satisfy my ego in gambling as I don't need to gamble at all as I would be happy enjoying my money.While most of us do not directly admit it we play to hit that max win or that jackpot which nowadays it can be as a bare minimum a big boost to our financial status depending on the bet we play and hit it.

I don't need to satisfy my dopamine level with gambling as there are a lot of other activities which can increase dopamine and adrenaline and of course there is no need for me to list them here as we all know them.As they say in our time if you have money you have everything and can buy everything except your mom and dad Grin

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goxcraft

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You can't think of all people as same. Everyone has different personally, perception, characteristic. Some may spend without thinking about the consequences and some may not. If I had millions I wouldn't gamble it away. Rather I wound try to spend it properly. So no, not everyone is not egoistic as you may think. One think everyone may agree human desire is infinite. You can do nothing but be happy with what you have. I used to gamble a lot, not that I was a addict but only for fun. But ego never came between me.

Ruttoshi

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When you become a millionaire, your spending rate increases to that of a millionaire, and you wouldn't want to spend like a some one seeing thousands of dollars. Also the money that you will use to gamble will increase because if you want to gamble on a land base casino, you will go to the best and you stake with bigger amount. This is because the money isn't big to you because you can afford to lose it and you wouldn't bother about it. You already have a business that is giving you huge profit, therefore, you will want to always release cash out to entertain yourself and also spend on things that makes you happy.

edmundduke

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Quote from: coin-investor on October 27, 2023, 09:25:48 AM

We have threads here about people betting millions of dollars on sports battings and other games in casinos and the amount of money is insane, they can bet millions of dollars on one team and they easily forget everything and bet another millions.

I doubt if we have high rollers who will admit, that having a lot of money means you cannot satisfy your ego or that your level of enjoyment is high that you will need to bet millions of dollars just to fulfill your dopamine level.

What do you think, if I have millions I will be satisfied betting thousands of dollars for fear of addiction that will lead to losing my fortune, but I really don't know if I will reach that level of having millions and still be moderate in gambling.

Generally speaking it feels like the rich who gamble tend to be ones who inherited the wealth or they just do it for the thrill. Once you reach a certain amount of wealth it is no longer about the money but seeking excitement (but there will ofc always be exceptions to this).

uneng

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Wealthy gamblers tend to place huge bets to feel the thrill we, common people, feel when betting few bucks of dollars... Their reality is completely different from everyone's else, therefore their habits and necessities are different as well. It's all about the environment they have been living and how they adapted themselves to it. Things you have through easy access become insignificant and trivial, and since money is something easy and abundant for them, it doesn't have the same weight it has for us. To put 100$ or 1000$ on the table for them, it's like placing 0,01$ bets for us...

$crypto$

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Quote from: coin-investor on October 27, 2023, 09:25:48 AM

What do you think, if I have millions I will be satisfied betting thousands of dollars for fear of addiction that will lead to losing my fortune, but I really don't know if I will reach that level of having millions and still be moderate in gambling.

Those who have millions of dollars in their wealth will obviously gamble thousands of dollars to satisfy their ego in gambling, this is not strange because they feel like they have a lot of money, what they usually gamble with thousands of dollars is usually not worth it, because in terms of income it may be more than that and that is their satisfaction as the status of the rich.

I didn't do that because I knew the addiction would be very serious and could cost me any amount of money including millions of dollars, I would still use what percentage would be put into the gambling game, I didn't want to overdo it because I knew satisfaction wasn't only in gambling but there were other things that could be achieved enjoy it with pleasure.

Oshosondy

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Quote from: coin-investor on October 27, 2023, 09:25:48 AM

What do you think, if I have millions I will be satisfied betting thousands of dollars for fear of addiction that will lead to losing my fortune, but I really don't know if I will reach that level of having millions and still be moderate in gambling.

If I am very rich, I will use small amount of money to bet. Because I am a low earner, I use 5% of my weekly income to gamble, but if I am a millionaire and receiving huge amount weekly from my business, I will lower the amount from 5% to like 1% or 2% or lesser. I even think I may not continue to gamble because I will prefer to face my business than to be gambling unless I want to have fun with friends.

coin-investor

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Quote from: Don Pedro Dinero on October 27, 2023, 09:36:40 AM

So it is not so much a question of ego as a question of percentages.

What I also mean is losing control of how you bet because you are so rich and betting one time 1 million is not good so you keep on betting more until you reach that satisfaction that you want, as time goes by you are not satisfied with 1 million you go for 2 million the amount is getting higher because you cannot satisfy the level of enjoyment that you want to be fulfilled.
With this, if you happen to be very wealthy and you are a compulsive gambler you will be in a position to lose your wealth because it's hard to satisfy your ego in gambling.

Juse14

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"When the ego is already high, that's where carelessness will creep in."
A person will never be reluctant to bet a relatively large amount just because he wants to appear capable and look cool in front of his friends. And in the end it only leads to big losses in gambling. Therefore, stop trying to look capable and cool in front of other people because we ourselves will enjoy gambling and we ourselves will experience winning or losing in gambling, so once again stop trying to look capable by betting large amounts because when you If you lose, they will just laugh at you and think that you are a fool and when you win, they will just be the ones begging for your winnings.

retreat

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It will never end to fulfill the ego, it will always be there, and influence a person. If a rich person cannot control their ego from gambling, maybe they will lose a lot of their money at the gambling table and become the laughing stock of people. That's why ego is very dangerous if it can't be controlled, especially for rich people who have an image to maintain, sometimes it's their own ego that kills them.

minoxpro

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Quote from: coin-investor on October 27, 2023, 09:25:48 AM

What do you think, if I have millions I will be satisfied betting thousands of dollars for fear of addiction that will lead to losing my fortune, but I really don't know if I will reach that level of having millions and still be moderate in gambling.

Your opinion makes sense to me and I believe that it depends on your own personality how you react with gambling and spending your fortune. For example, if it's me I wouldn't risk betting thousands of dollars because my ego simply is satisfied with smaller bets and I will enjoy my gambling session losing or winning.
Gambling doesn't guarantee you to win 100% of the time, but sometimes I do feel the urge to bet more my money, and it leaves me feeling confused and bad.

dothebeats

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It's never a question of ego with these guys. At this point, they're just trying to enjoy themselves with any gains they can get. Assuming someone is a millionaire who is spending $1000 in a casino every so often, they won't get cocky and sink a couple thousand more for their 'ego' to be satisfied. Besides, what would feeding their ego do in this situation anyway when they can't enjoy gambling properly?

With the number of rich people I've met that is into gambling, none of them seem to feed their ego in every gambling session that they do. They're just out there to have fun, and not make everything about them, or get serious in gambling to get more money in the end.

aioc

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When you have millions of dollars in assets you do everything based on what your asset can buy, so if you have millions you will buy the latest and the most expensive cars, and the most expensive clothes, your desire is magnified, so when you're betting, hundreds or thousands do not matter to you it's out of the percentage of your worth, hundreds or thousands to these high rollers are just worth pennies.

Like all of us here hundreds of dollars is worth a lot to us here in our country $100 is a one week salary so you cannot expect these people to bet hundreds of dollars unless he is a compulsive gambler and only live to play

Cantsay

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By high rollers I guess you mean those that just gamble without being paid by the casino to use their site and publish it online; if you refer to those that gamble based on the gain they’ll get for using or checking out that service then it their ego will be easily satisfied.

But when you bring the picture of real punters then it will be hard for them to satisfy their ego no matter the amount of money they have except they have something that takes their time, even at that they’ll still manage to slide one or two tickets into their account with a large sum of money attached to it since to them money is not a problem they just want that feeling of playing bets not actually the return price.

bittraffic

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It probably depends on your personality. Showing off the public like you have millions, I guess would elevate your status for a moment until you lost it all.

But the majority of us have plans to do with the money once we become a millionaire. Assuming you also have plans then I think you will still be moderate in gambling and then execute whatever your plans for the money.

Gozie51

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I want to believe those rich guys who also bet big have something to do with influencing people which is also a business for them to gather more followership to themselves. There are other rich people that gamble but silently and may not even a social media person or they don't even have social media handles.

Those who are on platforms showcasing what they have gambled do that to satisfy their ego and bringing more followership. If you are a neutral gambler with huge bankroll, it doesn't mean nothing to use gambling as satisfaction of ego because you are happy in other endeavors not only with gambling.

electronicash

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the more money you have the more you will spend to be entertained. it won't make you happy when you lose 50.000 and then win just 10.000 later, you have the means to chase the loss and that could be the reason to spend more.

but knowing that you don't gamble that way when you have less money, you will still be able to think straight and just go back down to your minimum bets.
unless you are Drake.

those high rollers by the way typically do overstate their victories and they understate their losses.

Eternad

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Quote from: coin-investor on October 27, 2023, 09:25:48 AM

I doubt if we have high rollers who will admit, that having a lot of money means you cannot satisfy your ego or that your level of enjoyment is high that you will need to bet millions of dollars just to fulfill your dopamine level.

What do you think, if I have millions I will be satisfied betting thousands of dollars for fear of addiction that will lead to losing my fortune, but I really don't know if I will reach that level of having millions and still be moderate in gambling.

We have different way on satisfying ourselves and you can’t blame them since they are looking on the possible return not on the amount they are betting because they have enough. It’s really insane to see it if we use our own perspective since we don’t have money and we can’t afford it but it’s really different if you are already on their situation since you will keep chasing for more.

Human has no self satisfaction in nature and once they on gambling. Betting an amount that is in proportion to their financial status will only satisfied your cravings for gambling.

Don Pedro Dinero

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What people don't often understand is that for a billionaire, making big bets can be proportionally like the amounts you bet. It's all a matter of percentages. Drake has a net worth of $250 million and makes $70 million a year. If he bets $250,000 on a bet, it's like someone with an average net worth of $250,000 betting $250. If we consider his income, it's like someone earning $50,000 a year betting $170.

So it is not so much a question of ego as a question of percentages.

danherbias07

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Not all rich people gamble, that I know. Many of them want to keep their fortune intact so they rather do business than put it into high-risk expenses like gambling. I don't think gambling will satisfy my ego. We have different things on our minds when we get rich and gambling in an intense way is not one of my goals. I'd rather invest it in real estate and wait for the returns even though it will take time. My kids will probably keep that business going and they will be the ones reaping the rewards which for me is a success in my life.
IMO, I don't think you will still think about gambling when you have loads of money in your wallet and in your account. I bet you will think about something else where you could spend it wisely.

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