Topic: Rich or poor gambler, who should risk more? (Read 4165 times)

Yes, by spending a lot of money so that all the gambling games they have released can attract the attention of all groups of gamblers with the aim of betting money on the gambling platform they built by putting in a lot of money and the host can play tricks when it's time for the gambler to lose and when it's time. the gambler wins and this is the goal of how the host makes money and makes a lot of profit.
And for all groups of gamblers, they can only play and bet according to their wishes.

Yes, and this is where there is definitely a difference between rich gamblers and poor gamblers, namely, as you have said, rich gamblers are equipped with a broad level of insight and they tend to be able to control themselves when gambling and for poor gamblers, because their level of understanding is still low, poor gamblers often experiencing negative impacts due to their own actions which have not been optimal in controlling themselves when gambling.

Easy to say but it would really be that so damn hard to be applied or something that you would really be needing up to follow considering that once you do find yourself that not be able to follow up these things
then you would definitely be ending up on spending tons of money and this is something you should really be look out of. As for the question that gambling dealing should be rich or poor in connection with risk taking
then it would really be just that the same. We are dealing something which is really that risky but since we are dealing up with gambling which we know that this is created for the sake of fun and entertainment then
you should expect that losing money is really that part of it. This is why it would really be that important that you do really know on how things be ending up.

Dont expect yourself anytime to be ending up on positive on which you dont really know when luck is really at your side. Doesnt matter whether you are rich or poor on which odds or chances
would really be random anytime.

you are correct
limiting time using a clock, alarm or an angel (trusted person) is helpfull.
Many people will be better of limiting the total bankroll they deposit on gambling websites too
this way even if they blow up they won't be in such a bad situation.

Yeah, gambling should be fun in a way, if it is more like a chore and you start spending way more than you make I think it is time to re think that strategy

Probably most people would be better off with a limited time of betting.

most of the times companies don't really care about your personal circumstances
and if you think about it most of service websites and goods stores aren't like that too
you go to the pharmacy, they won't really ask if you're buying a med to fight pain or if you're addicted to it and use it in an unhealthy way that is messing with your sleep schedule and your life...

at the end of the day we are the own judges of our lives.

Casinos never look at who you are and how much money you have in life, it is actually very simple that if you are involved in gambling then obviously you will have the same chances of winning and the same chances of losing regardless of rich or poor, so obviously I think it is a silly mindset if we compare rich and poor in gambling, and I would say that what makes sense is to compare gamblers who cannot control their gambling activities with gamblers who can control and manage their gambling activities, because if this is the comparison then obviously we will see a difference in terms of the adverse effects or the amount of loss they will experience.

What this means is that whoever you are at the end of the day obviously gambling by only taking a level of risk that is within your means is the best and prudent approach to gambling so that we can be a typical responsible gambler, I am sure all gamblers do not like losing and therefore this is the reason why we should focus more on some things that are beneficial to avoid the possibility of losing large amounts of money and I will reiterate that you cannot compare rich or poor when it comes to gambling because they have the same possibility and it all depends on how they treat their gambling activities.

Poor people take risks perhaps because they risk what they have to the last, such as by betting when they have lost a lot and so the money is gone. So they hope with their bets that it is a risky action for them. I think that poor people take risks that can be seen by their gambling actions that cannot stop when they lose, so when they lose they do not think to stop but gamble again hoping to get a win in the next gamble.
With the rich, maybe they take risks can be seen by the amount of bets that may be higher than the poor where the poor may not dare to gamble with a large amount of bets. But even so, if they can't hold back, it's the same thing.

I think I would say, since in the world there are less rich people than poor, then poor people take larger amount of risk, but rich people risk with higher amounts, and both of classes risk identically, since odds are the same. I think it is wrong to think that rich risk more, because when a person gets large amount of money, he spends them unwise only in the beginning, and later try to save and multiply money. Dont think that rich person even risk with a large bet.

That's right because gambling can eat rich or poor people without they realizes. They can lose all of their money because of the temptation from gambling can makes them forget with their rules and that can makes them to keeps playing gambling without stops for a while. The risks will becomes bigger if they don't realizes of what already happens to them because they already gets tempts from gambling. Only people who can manages the risks better that will not gets the problems and they can use gambling to have fun and not for makes money. They will always remember their rules and will not trying to breaks it because once they breaks it, they will gets deeper in gambling and they will hard to leaves gambling if they don't have strong minds to steps out from gambling.
Both rich and poor people will have the same risks so they must knows how to reduces the big risks.

Casino owners spend time and money to create alluring offers where gamblers will be engage and keep them stay, from that kind of situation rich gambler who knows how to control can take advantage of it, they know how to spend their money well and they understand the concept of wagering their deposit and in return they can make some decent bonuses out from the money that they deposited,

unlike with poor gambler where the amount that they deposit mostly intend to use only for betting and they are not well aware of those wagering opportunities, they just bet and hope for luck to double or to give them decent amount of winnings and nothing else after that, while rich gamblers who enjoying the offers can make that additional winnings aside from the luck that they are expecting while playing the game.

Well, right, I agree with your income and we think in this matter which in common sense can ensure that gambling is not measured from rich or poor, one of the reasons is because anyone involved in gambling will have the same possibility, especially in terms of Loss of money, logically as rich as you are, but if you have the wrong approach to gambling, it is clear that in the end you will end up being a poor person because treating gambling in the wrong way will usually make you lose money in greater amounts than the victory.

On the other hand we must understand that victory is no more than just "opportunity" which means there is absolutely no guarantee that you will be able to win whatever the level of risk you take, and as we see that quite a lot of gamblers suffer from loss of money in large amounts And that is those who are always excessive in treating gambling activities, one of which is gambling with a large level of risk. In the end it is clear as you suggest that there is nothing better than gambling by putting the amount that we are able to be held accountable because no matter how big the amount you allocate it still cannot be made as a guarantee to win, and I am sure that all gamblers are not Like the name of losing money especially in large quantities, so try to respond to everything rationally so that you are not wrong in making decisions.

I think I will beg to disagree with some of your points because the same pressure that is felt by the so called is still felt by the rich boys too because the two peer don't actually bet with same range of funds and that's because the level aren't the same but the fact is that the money that poor gamblers used and rich gamblers use are actually rated same in terms of losing because a rich gambler might see 100$ as nothing and tend to gamble with 1000$ but the first money is a normal for the poor gambler.

Yes, in essence, rich gamblers can gamble according to their wishes and they don't really think about the money limit for betting because rich gamblers have a lot of cash reserves so they think that if they lose their money they can still recover quickly as before.
Meanwhile, poor gamblers who play gambling first see whether the money in their savings is still enough to be used for gambling or not because poor gamblers still need to reconsider if their money runs out if they lose at gambling, therefore poor gamblers are very careful in betting the money they have. large enough.
Rich gamblers do not experience pressure in any form, while poor gamblers experience financial pressure.

Yes, of course casino owners only think about how they can gain a lot and lose a little by releasing lots of promising game tricks so that casino owners hope that poor gamblers and rich gamblers will dare to bet on their gambling platform. and what is different here is how rich gamblers and poor gamblers can control themselves when playing the gambling they have done.

Gambling is not measured by being rich or poor, most times the poor can risk more than the rich and sometimes the rich can also risk more than the poor depending on their individual mindset and level of risk they want to take. In life risk does not know the rich and the poor, because the higher the risk the more the outcome and it might be either negative or positive, so the only solution when it comes to gambling is to risk the amount that you can afford to lose as a gambler so as not to go bankrupt. sometimes greed and envy will not allow gamblers to risk the amount to that they can afford to lose because they want to win big.

lastly , op replying to your question about the rich and the poor who should risk more in gambling, gambling here is a game of luck and chance and no one knows the games , however any one can risk any amount that he or she can afford to lose.

Yes, maybe discussing who is most at risk depends on each individual. For those poor people who gamble and then take more risks, such as risking all the money they have, of course this will be a problem, the defeat or loss of money they experience can affect their mental health. because of course their goal of risking all their money is to hope that a miracle will happen, with the winnings being able to cover all the losses that have occurred, but with a bet that may already have the final point, it will still end in defeat, there is no way they will be fine.

Maybe rich people are less likely to take risks such as risking all the money they have, but it really comes back to each individual, because if those who are rich are equally obsessed with wanting to win big, then they can also take bigger risks. Moreover, having enough money can make them gamble more freely, whether with the amount of the bet or something else.

While rich gamblers can handle losing, that doesn't mean they won't lose a lot of money. After gambling for a while, they can lose control of themselves and that will make them gamble again. If they have lost self-control, they will follow their lust to win the gambling game or recover their losses.

At that time, they will also lose their minds and will chase their losses in gambling. They will not remember the limits they set just to catch up with their losses. In the end, they will lose and lose more and more money.

That is why, whether rich or poor gamblers should not gamble for too long and just enough to avoid losing a lot. When they start losing and don't stop themselves from gambling, at that time they will be triggered to continue gambling. They will lose money that they could not have imagined before. The only regret they will feel is that it has all happened.

The rich gamblers can handle their loses we accept that but in as much as gamble is included, there are some certain extent when a gambler (either rich or poor) will lose money and he will feel bad about it, and those things can either be the cause of when they chase their losses or gamble with the influence of alcohol and so on.  Such things can make a gambler to become addicted even if you are a newly Gambler or an old time gambler.

There are two possibilities where gamblers are rich and poor but with your logic it makes sense.

Rich gamblers by taking high risks risking a lot are obviously a lot of reserve funds even in one month can recover.

The poor gambler takes high risks because he thinks of luck so he dares to bet even if he spends all his money, I think there are still poor people doing this action and do not care about the finances he has.

What is clear is that casino owners will benefit because this is the business they run, any loss from rich or poor gamblers will lose the same does not distinguish it, only self-control can stop them in a big loss.

Basically I think casinos never look at our financial situation, the point is that if you are involved in it then obviously you will have the possibility to end up with one of two results at the end of the session between winning or if, that result can never be known unless you have completed the session. and on the other hand as you said that rich or poor have the same level in terms of luck but maybe the difference is in terms of the amount of winnings or the amount of losses and this depends on how lucky they are at that time.

Actually the impact of risk in gambling depends on how the gambler treats his gambling activities, as you said about depending on how brave or how reckless the person is in terms of taking risks, and actually if for example they are able to take responsibility for all the decisions they have made it doesn't matter, but overall they usually only focus on the intention and purpose of getting a big win while on the other hand not having the ability to accept the fact of losing so that when they lose they experience dominating emotions which in turn make them make impulsive decisions or take actions that are much crazier and this is the initial scenario of someone falling into addiction.

I think there is a bit different logic. Rich gamblers risk and gamble with bigger amount of money, while poor gamblers make large amount of low bets. And in the end we end with rich lose more (which is logical) and poor risk more times. It is the matter of amount risked or number of time risked question. And it also hard to come to one general answer to this question, because we cant compare amount of rich and poor gamblers. What is the ratio here? 1 rich gamblers that gambles for $100k-$1kk weekly, and 100,000 poor gamblers who gamble for $1 each hour? (that is just random).