Topic: Rich or poor gambler, who should risk more? - page 24. (Read 9659 times)

Risks is more comparable to both parties, and all type of levels. Addicted gambler will know what to face and we have come to realized how things have become too rough. Rich will always gamble without having devastating mindset due to the loss while the poor gambler will be very desperate because he's here to accumulate the huge significance of profits which is also not suitable.

That's some nice point mate, gambling is never by force . Because have took noticed that most gamblers go into gambling desperately most time , with the mindset of wanting to hit the jackpot pretty fast, and such mindset usually magnet and attract losses. Which may lead to one financial situation getting worse and worsts , that's why when one sees that gambling is affecting them negatively , is better to stop , have some break from it or try to correct that mindset towards gambling and take it has something you can literally do without. So that you can be responsible with the way you gamble.

Being a gambler is not the issue but how you take the gambling as a whole. It's sad that many will just be gambling anyhow, they do not have any bearing or plans, they are just being pushed by it and will continue in this irresponsible act until it destroys their finances. This is when you start hearing that gambling is bad and also continue the stereotypical talks about it. But if we look at it critically, such a gambler is not the only gambler in the world and many are not actually addicted to it, so it is practical that he is doing something wrong, and if anyone did not retrace their bad steps, the results will always be bad.

Addiction and many other bad acts in gambling did not just start today, but the question is what are you doing to be a good gambler to revert/avert it? Gambling has never been by force, so the moment you realise it is negative to you, you should either quit, take a break or adjust your doings towards it. If not, you will become poor and even poorer until it will cost you much more that you won't be able to say. There is nothing as better than taking gambling lightly and not desperately which causes addiction and other issues associated with it.

Same goes for the poor , because most of the poor are usually gambling with the aim of hitting a huge jackpot. Which not something that will just happen that easily. And most people usually achieve it due to having some good principles towards their gambling sections, so some poor persons usually have that urge of wanting to make it quick through gambling and stuff . Which may lead to gambling irresponsibly and making rash decision that may endup affecting them negatively.

While most rich are literally doing it for fun , not for the money most time , because they have enough already. So that urge of wanting more won't be as that of the poor .

It is right because all people, whether they are rich or poor people must be careful when using their money to gambling. They don't have to spends much money in gambling because that can gives them big risks and if they lose, their lose will becomes bigger. If they knows that playing gambling is just a way to enjoy their life and not use too much money, they will sees that gambling is the same as the other activities that also gives entertainment and fun. They must be wise using gambling and know how to treat gambling as a way to have fun so they will not gets the bad effects of gambling while they can knows when they must stops gambling. Gambling is not makes someone becomes rich by winning the games but gambling can makes someone lose much money so they must choose by themselves and if they can choose to take care themselves from gambling, they will not lose much money.

True, a poor person might be able to control themselves and not gamble all their money, whereas a rich person could go all in and lose it all in a single night.

There is always the possibility that a person can end up with nothing, independent of how much they started with.

At the same time, there is always the possibility to simply enjoy a nice time in the casino with a set amount of money.

Perhaps the rich make such risky and large bets on a specific game, but it is far from certain that they will win, even if the odds are small. And if you imagine that several such bets will be unsuccessful for rich players, then what will they do next. One of the outcomes is to stop and not continue to play, but after losing such amounts, many of them will probably want to win back and continue to bet; it is at this moment of decision-making that many rich players can take the path of addiction and losing their fortune. However, it is worth remembering that rich people often have passive income that comes to them without their direct participation. Even if they lose a lot, but do not touch this cash flow, they will be able to live and they will have money for food, while poor players will not have a cash flow and they will have to look for work. My point is that the rich can take more risks than the poor as long as they maintain their cash flow.

I believe in gambling, no one is entitled to risk more whether rich or poor but because most persons find themselves in bad condition and also the world we are into now they believe that or they see the poor as people that are not suppose to partake in anything and to an extent they are not that recognize in some certain things. Being rich doesn't mean one should risk more or being poor doesn't mean one should risk less perhaps whatsoever one feel is good to risk he or she should go ahead whether rich or poor we are all human being.

Risk in gambling does not matter who is involved,whether the person is rich or poor,as long as they are targeting on goal.It is very important to do the necessary vthjngs you are supposed to do ,like making research,doing head to head analysis and know the teams that are more dominant if it is in football.
Poor people when wants to make money will only try to risk more by upping their selection and selecting the team they choose to be able to get them the result they want without stress,while rich gamblers will only wait for a particular game that seems to have gotten high chances of winning,and invest in or stake more on,and expect a huge return of income.

Exactly, despite being rich or poor one should always mind the way they risk their hard earn money in gambling. Because there's amount money the rich will loss and they will definitely endup feeling it . So we should always be cautious of the risk we taking, that's why there's this popular saying , that one should gamble with money he or she can risk.

Than taken irrelevant Risk in something you know is 50/50 , either you win or you lose .

One thing I know about gambling is being calculating is not just about the rich or the poor, the only thing I observe is taking a calculated step before proceeding on your gambling because some rich men usually feel a lot in gambling and lost a lot of money and it can usually make them to people with all depend on the particular amount they Risking to the gambling processes first of all they should know what to do and how to take the step before risking anything gambling is doesn't matter if you know what you are doing, the most important thing is to take the right decision and step before you can proceed very well in Gambling because the rich also lost a lot, gambling is a very big problem to you if only you decide that it will be problem gambling is just there we decide how we can make use of it I am not advising anybody to put 100% gambling.

A poor person cannot manage gambling the same way a rich person would manage. Normally a poor gamblers try to give more times and efforts than a rich  gambler managing his gambling finances. If he falls behind in gambling once, then building up his gambling balance is definitely not an easy task. But that doesn't matter to a rich gambler. So poor gamblers must be more aware before gambling. There are wins and losses in betting but poor gamblers are very cautious. They know that even the slightest mistake will make them worse. Even if rich gamblers lose gambling repeatedly, they will not have any bad effect.

Rich gamblers knows that they have the money and as they have it they can also risk a lot as long as more money keeps coming. While the poor don't have much money but they keep risking the money they have because they have a belief that they could make a lot of money from their stakes. However rich and poor gamblers have the same thing in common because if the poor gamblers have the same money the rich have they will also wager the same amount with the risk, but since the rich have money more than the poor the rich have more advantage than the poor.

it's normal for people to be careless about their finances, unfortunately.
crazy thing

some lucky costumers are useful for the casino to use it as a way to attract even more costumers
in the end we know that the house will always win
no way to escape that

That's true, because even though it can be said that in fact there are more gamblers who cannot control themselves, there are some or some gamblers who can definitely control themselves over the gambling they do so that they are able to restrain or avoid actions that pose a big risk. I agree with what you say, addiction occurs because of small things that are not realized by being done by taking them for granted until they are done repeatedly and then become a habit which eventually becomes something that must be done, as you said, it is difficult to stop gambling because you start to get carried away. gambling is done, so that it continues to force us to gamble continuously and it will become an impulsive act. even because often it will become something that cannot be eliminated, resulting in an addiction that is difficult to avoid.

and this is no exception, with those who have a lot of money or those who have little money this can happen depending on their own perception and their own self-control, if they have strict self-control then they may still be able to restrain themselves from doing risky actions like this. However, the difference that can be ascertained is that rich people gamble by being able to use high betting amounts, perhaps even rich people will not feel a problem even if they use high betting amounts. It's true what you said, poor people shouldn't follow the gambling style of rich people where they bet at high stakes. Determining who takes more risks depends on their respective approaches because even rich or poor can do it, experience it.

I think both types of gamblers remain the same. all of them take greater risks to make money from gambling. they are rich gamblers with large capital just hoping they will play longer and get lucky. they will also definitely increase the risk by increasing the bet. no matter rich or poor, when they see an opportunity, they will increase their risk. it's just that they have more capital. there is a possibility that they can stay and bet more in the game. that's what creates the perception that rich people have greater opportunities in gambling.

Well, like I will always say, let's always and never be too conclusional on matters like you mentions, it's very important that many people gamble for different reasons, and for some gamblers out there, their down time, or off time, or times when they are feeling really sad and sorrowful, is the best time they gamble as a way of keeping their away from that which is causing them sorrow or sadness, in times like this, most of the gamblers in this category really do not care whether they win or not, what they are most interested in is keeping their mind occupied with something, and which to them, gambling is the best option at that time,.

It is like someone who drinks alcohol, get intoxicated, or someone who takes drugs, gets high just as a way for them to forget their pain for atleast, some time and for that very moment, so also some people take gambling as what they engage themselves in, and some actually do get really lucky to win life changing sum of money at times like this when they are really gambling for wins.

I think between these two set of people,a poor gambler should risk more because he wants money and want to get rich by all means.It is when he risks,that he that the odd becomes high if it is in football betting,the more you risk,the slimer your chances of winning,but also the higher the amount.
So if a poor gambler is gambling,and he is needing a much money to start up his life,then there is need for him or her to risk more,and try to win win big, because it is only when he risks more that the money won can be used for something reasonable.

The problem of addiction is not something that is allowed or not allowed, a player cannot determine their addiction and addiction comes in a very normal and natural way, play it enough times and stick with it for a long time, addiction is formed. Objectively, we would be like a child exploiting a happy worldview by spending some money in return for a source of stimulation but no matter how different the level of assets, no matter how much the risk ratio changes, rich and poor gamblers experience equal desperation over time.

A kind of emotions that might risk more for poor gamblers, when they got hook into gambling and become addicted they are risking all their finances while rich people may suffer the same addiction but they still have resources to finance thier gambling though they might risk more as time passed by, rich gamblers also have that same potential to get addicted and over exceed with their expenses even they've got resources it may also be at risk if they continue to keep playing and become restless chasing their losses.