Topic: Rich or poor gambler, who should risk more? - page 25. (Read 4500 times)

I think like that because I am not believe that the money they used is real money. If that is a fake money, I believe it because casino can give that fake money easily to the influencer. Then, the influencer will use that money to gambling while their follower will watch the games and will tempted to follow what the influencer did. If the influencer can't withdraw that money, that will be no problem because the influencer can give their referral links to their follower so their follower can join using that links. The influencer will get the commission from their referral and casino will give their commissions too. But I agree with you that some influences used their own money to gambling and win big money. What we need to concern is not tempted of what we watch easily and better to research before we decide to playing gambling and always responsible with our money.

If you talk about the streamers, most of them play with fake money. I know the fact somehow. Some of them deal with the platform they play on and the casino provides them some funds to play on their casino and stream it online. The fun fact is, they won't be able to withdraw that money even if they win a big amount of money. Of course, there are some legit streamers who stream and gamble with their own real money. But the percentage of real streamers is too low at this moment. When an average player like me watches such a stream that those streamers playing with big money and they are winning, average players try to do the same thing and lose their entire balance.

I've heard that streamers who gamble and while advertising their gambling sites collaborate with gambling industry companies, and I think maybe this rumor is true. with the fact that there are many streamers who gamble, they tend to win from the gambling they do, and in my opinion it is possible because they collaborate with gambling industry companies, so that gambling industry companies also provide winnings as a way to get many people to believe in the sites they advertise. is a site that guarantees you will definitely win. It's true what you said, maybe streamers win more than those who gamble just as regular players.

That's true, streamers are just doing their job but with the losses they get it's not a problem for the streamers. they won't care about that Also,  in my opinion, people who take bigger risks are rich people because in my opinion rich people who have a lot of money don't seem to hesitate to gamble with large bets because they feel they still have spare money but what is clear is that even though they are rich They shouldn't gamble by using or spending a lot of money just for gambling, because that will only cause big losses.

It was a trend, that has subsided, and at the start of it, most people thought that the streaming niche will be affected by their complaints. But on the long go, the naive gamblers remain at fault for not doing their research and following the gambling ways of the streamers. Lots of rumors about the streamers result being manipulated by the casino, but none of their followers would listen to that, and they go ahead to gamble like the streamers, which they end up disappointed. Personally, don't know how true the rumor is, but earlier, streamers were getting more wins than a usual gambler gets in a session.

Recently it seems things changed, streamer now lose, but wager quite a huge amount of money. And puts the newbies at risk of wagering like the streamers. Who gets affected? the newbies because the streamers are only doing their jobs. Hence, gamblers who have little amount of money to spare, shouldn't go above their limit, because some other people are wagering huge amount of money. And we all know how big their wins would look like, if they end up winning. That's another reason why newbies end up betting like the streamers.

Rich or poor gambler, who should risk more? Whether rich or poor I don't think you do not need to risk more of your money hahaha unless your budget is high at the beginning.

I see poor gamblers who risk more than they can afford to lose but also there is poor gamble stays within budget. But in the movie, you can also see a lot of rich people do gamble with ton of money even if they gamble with something like us never do that gamble with the car for stake.

But yesterday I saw a man on Kick.com platform who play blackjack with bet of 15K on a single bet with balance that over 400K that is definition of crazy in my opinion

In gambling, every people must know about how bigger risk they can handle, no matter they are rich or poor people. When someone can't calculate the risk and use much money to gamble, they will get a big risk to lose their money. People must realize that losing their money in gambling depend on the money they can afford and if they can't risk bigger, they don't have to use big money to gamble. We need to know about manage the risk not become bigger and break our limitation in gambling so that will not make us lose much money. Playing gambling is no need to use much money because poor people can enjoy playing gambling with enough money. They can minimize the risk not become bigger by always limiting the budget that will be used for playing gambling.

Yes a thousand dollars is not much for a rich person but for a poor person it is equal to 1 years income in some countries.  So everyone's risk taking ability will not be the same.  Because of this, everyone who calculates their income and expenses should spend only as much of that extra money as they can afford to lose on gambling. then he can enjoy gambling and if his luck works well, he can win something big, it will be a very big gain and even if he loses it, he will not have such a loss that can cause him much trouble.  So how big or small risk one takes by using less money or more money depends on his risk taking ability

The first thing to realize is you won't be changing your fortune in gambling. There could be big wins but your fortune and long term financial stability depends on your skills and job or business. You should be fine on losing any amount you get involved in gambling. Anything larger would get you in problems.
As of the rich or poor who should risk more, the people should risk on how much they can afford to lose. A thousand dollar won't be a big deal for a rich person but it can mean a malnourished month for a poor one. The risk taking should be on percentage they can afford than on amount and the percentage could be the same for a rich and a poor.

Suppose I have a lot of money, that means I have more money to waste, and those who are poor have less money to waste. Rich or car is not a matter. Everyone should spend 1-5% of their income on gambling. can use more if he can afford to lose. So gambling depends on your risk tolerance.  That's the amount of risk you should take. But I think the less money you spend on gambling, the better off you will be.  Because even if gambling wins you several times, you cannot cash out the gambling money at the last minute. If you continue to gamble, you will lose all your money, it is called gambling

That said argument has value, though there's also some incident that a rich person gamble everything including his business, a heavy addicted gambler can take that risk without thinking if what going to happen with him after, it's a case to case basis but getting your point in terms of a poor gambler, they mostly do a yolo putting everything they've got and risk with their luck.

ost of the time they lose and they suffered from that mistake, then they will just repeat the same way and continue to risk more than what they can afford to lose.

When it comes to gambling, we generally over-examine the risk and who are ready to take risks are suitable for gambling. If people who have adequate money they can lose their money in gambling, it will not have a big effect on their life. But it will definitely have a big impact on those with less money. For this we can say that the rich can take more risks in gambling which may not be possible for the poor. But it is also true that only money does not mean that a person can take more risks and a gambler has to consider several factors in taking risks. If the gambler has good knowledge and skill then he can take risk. After considering the gambler's goals and intentions and considering his mentally., the gambler can determine his level risk level.

I could not agree with you. Those who are rich people might have good earning source. But after the cost of that person the person might have not too much fund to waste. The more you earn the more you have to cost.

In gambling, risk will always be present and every gambler who starts betting is really faced with various risks such as losing, losing money or even the risk of changing attitudes such as becoming an addicted person.
But it is true that rich people are much better at managing money and also minimizing losses.
It just that not all people are rich, but those who have business spirit because a businessman has very capable mindset in management and various strategies.
For most of the rich people out there who are only supported by their parents background or inheritance, I not sure they can have good management and many members of rich families have lives only filled with useless things.

Everything will still look the same and the only difference is the attitude they have and how they have background in living life.
However, there are also some poor people who are able to control every activity in gambling with sense of responsibility and have good boundaries because they realize that making money is very difficult.

I myself have had various experiences in gambling when I was financially adequate and also when I was at the bottom with financial shortages, this really gave me different attitude when gambling.
Risk taking is sometimes often fooled when gambler is in certain conditions, but when they have truly patent attitude then they will always be able to be stable in whatever they do, always with careful consideration.

having cashflow changes everything
I think you're probably right on your first statement and having a flow of new money every month will give rich people more disposable income and more possibility on spending with whatever they want... gambling included

Rich people usually have a constant source of income, and that's why i don't think rich people can risk more, the fact that they bet larger amounts it doesn't mean they risk more because if they lose all the money, tomorrow they will start receiving money again in their bank accounts. The poor gambler usually doesn't have a source of income, that's why he is poor, and risking all his money could get him in trouble more than the rich guy.

It's not every rich individual that's gambling for entertainment, some of them are gambling as they want to make more money, money is never enough as you'll always want to have more the moment you have some therefore there  are some rich individual who are still searching for more riches by gambling. We also have some poor individual that aren't gambling for money but to get entrainment. They don't do this all the time but for sometimes they're only gambling as they want to have fun.

Risks should depend on the individual that's playing as not everyone can have the same risk limit. A rich individual mightn't have the same risk limiting as an individual that isn't rich or poor but is comfortable with the income that he has and want to entertain himself through gambling for that day. This individual can bet large sum of money and won't get angry if he losses it as he has gotten the aim for the bet.

[Gambling is 50/50 and the loses in gambling is more than the wins in gambling. And I thank God that you made mentioned of "rich". Those who are rich and playing gamble, they are playing for fun and entertainment and not to find or look for money but the poor who is even struggling to eat three times a day must gambling for money and not for fun or entertainment. Therefore the poor are more risky in gambling because it they loss there would be no food for them to eat at home and that is unlike the rich gamblers that even though they loss they still have food for their table to eat.

Of course it will not change the situation, even if we gamble using the exact same steps as the streamers the results will not be the same, also with the defeat that makes our emotions peak and blame the streamer it will not have any effect. I agree with you, gambling is not intended for people to get profits quickly, there is no guarantee about it even though the streamer directs the steps to get a profitable victory it does not definitely guarantee. The number of people who are tempted by the promotions made by streamers is indeed the weakness of many people.

Even if you follow the directions or steps of the streamer, of course the end result will not be the same. And if you lose and then blame the streamer it is a futile way, just a waste of time. With the defeat that occurs it should be accepted, not making an issue of it is the right way. There are indeed people who require themselves to get memories before quitting but that in my opinion should not be done, because it is the same as forcing themselves to win, while the fact of gambling will only give defeat. It's true what you said about chasing losses, by forcing themselves I think they are only chasing losses not wins.

I think everyone knows that rich gamblers can put a much larger budget amount but something that I have in mind is that I'm not too sure they would actually do such an action or I mean gamble with a large budget or risk, one of the reasons is because rich people have a different perspective on money than poor people, they will only put a large budget amount on something that has the potential and guarantee to get a much bigger return, or what I mean is that rich people will only prioritize something that basically has certainty in terms of profit such as business or other things, and that means they will not want to put a large amount on gambling because after all there is absolutely no guarantee to actually be profitable at the end of the session. So rich people will take into account more from various sides before they really decide to put a large amount of budget and I would say that the intention and purpose of rich people gambling most of them just want to find entertainment when they have free time in the middle of their busy life.

But actually the idea of taking a large amount of risk should still be avoided whether you are a rich person or a poor person because obviously even if you are a rich person if you have an overly aggressive approach to gambling then it will still make you end up a poor person, so anyway taking a low risk according to your ability is more recommended because this is also for your own safety.

Having grudges for the streamer doesn't solve any problem for the gambler, because he, the player, wasn't taken by his hands to gamble like the streamer. Removing such thoughts can help the player relax his nerves and focus on wagering few amounts of money. Gambling is not meant for people who are on the search for quick profits. And that's the weak point the streamers are utilizing while promoting big wins on their platforms, with money sponsored by the casino. Nothing comes easy, but newbie gamblers think that money can be made easily via gambling. However, they end up finding out that their thoughts were wrong all along, instead of accepting the responsibility they end up blaming the streamer. Since they don't take it on themselves that it's their fault, they'll want to prove it by wagering more money to get their funds back immediately. Some also conclude that they must hit one max win before quitting gambling. Numerous self-determination that keeps gamblers to continue chasing losses.