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Topic: Is gambling for the rich who can afford to lose ? - page 2. (Read 176 times)

hero member
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Merit: 595
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Consider me poor so it's not just me who grabs the opportunity to those casino promos and bonuses to take the chance to win big on blackjack or baccarat. Rich people I think have something else in mind to make money and I do believe gambling is not usually what is in thier minds.

The rich kids usually have thier own way to make money like buying some money-making method on PDFs or investing in stock/cryptocurrency. If by chance they stray from it and get into gambling, losses they'd be back to thier usual business unless they got addicted to gambling and back again the next day to chase their loss.
hero member
Activity: 1862
Merit: 830
Since the wake of cryptocurrencies the gambling market have made their huge mark in this section and which enabled people to gamble with as little as a dollar or cent! There are so many things that can be done on a new gambling website now. You can even gamble using promos, have some extra money from doing small jobs, campaigns and such etc . So many people are now able to gamble even if they are not rich. The whole idea is taking care of their wealth. They have to be extra careful with how much money they are spending and how they are spending it. It's not for the rich, it can be used for entertainment for quite a lot of time for middle class as well.
hero member
Activity: 2982
Merit: 597
Leading Crypto Sports Betting & Casino Platform
Many people come in gambling in order to win in a short time and change their faith. They are the ones who can't afford to lose. If these people lost in gambling, that would have a seriously bad effect on their lives.

On the other hand, there are people who have a lot of money in hand and losing is not a big deal for them. If they win in gambling, they enjoy and if they lose, nothing is lost for them as they have a lot of money in bank balance. They will come again next day and play more without worrying about the money.

So can we say that gambling is for the riches who can afford to lose?

I don't think so even if you are filthy rich you cannot gamble your money and think that you can afford to lose it, even the richest people on this planet will lose everything they got and, because nobody can stop you from gambling the casino will welcome you if you continue to wager until your last money, I have seen and read on media's personalities and high profile losing their fortune because they don't have control and lose money they should not suppose to lose.
legendary
Activity: 2758
Merit: 1228
Many people come in gambling in order to win in a short time and change their faith. They are the ones who can't afford to lose. If these people lost in gambling, that would have a seriously bad effect on their lives.

On the other hand, there are people who have a lot of money in hand and losing is not a big deal for them. If they win in gambling, they enjoy and if they lose, nothing is lost for them as they have a lot of money in bank balance. They will come again next day and play more without worrying about the money.

So can we say that gambling is for the riches who can afford to lose?

No, gambling is for everyone who want to have fun since most certainly casino requires only few bucks for people to start up. Also its people decision on how they can prolong their game since anyone could bet small amount so that they can prolong their game and enjoy. But we cannot deny that whales have the advantages since they can earn huge amount of money on their bets and for sure the stress level is different from people who have less money afford to bet on since for small timers they will lose all they have since sometimes their money used is all their hard earned.
legendary
Activity: 3668
Merit: 6382
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So can we say that gambling is for the riches who can afford to lose?

While I agree that the adrenaline/dopamine levels may depend on the amounts risked, I don't think that it's a game exclusively for the rich.
On the other hand, it's also not for the poorest.

But one can put aside some money now and then, and, in the3 same way he goes to cinema or out for a drink, he can spend some good time gambling.
Of course, if one sees gambling as a way to make money (or recover what he has lost), that's wrong and gas the potential to lead to dramas.

So it's an entertainment for those not too poor who can find a good balance between having fun and spending too much.
legendary
Activity: 3500
Merit: 1354
I'm not rich guy obviously but I have my own limit on how much I can afford to lose in gambling.
It has nothing to do with your financial condition, it is all about how you control/manage your money in gambling.
It is about how much is your loss limit that will not affect your real life.
Even if there is a billionaire but he cant set his own limit in gambling, it will be a big problem eventually.
hero member
Activity: 2758
Merit: 617
Leading Crypto Sports Betting & Casino Platform
Many people come in gambling in order to win in a short time and change their faith. They are the ones who can't afford to lose. If these people lost in gambling, that would have a seriously bad effect on their lives.

On the other hand, there are people who have a lot of money in hand and losing is not a big deal for them. If they win in gambling, they enjoy and if they lose, nothing is lost for them as they have a lot of money in bank balance. They will come again next day and play more without worrying about the money.

So can we say that gambling is for the riches who can afford to lose?
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