Rich or poor gambler, who should risk more? - page 31.

Fredomago

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Quote from: Odusko on May 08, 2024, 04:20:32 PM

Quote from: Sakanwa on May 07, 2024, 09:50:50 AM

No one is tired of winning big,so anyone can risk more,whether rich or poor,I think anything can happen at anytime,thats why it's good to risk more.The rich can become rich today and he will eventually get broke tomorrow if the right thing was not done when he was rich,and at thesame time,if the poor keeps trying,God can eventually favour him and he gets rich tomorrow,but I see that the most important thing here is to keep on trying,keep on risking it because risk takers are future leaders and people that will decide what will happen and what not to happen tomorrow.

In this context the rich will keep losing if he doesn't use his brain to calculate and accept the obvious fact about gambling, because as far as I know gambling to both the rich and the poor way the same risk and at such whatever happens we have to develop a fundamental knowledge of the fact that gambling is a high risk and for that regardless of your class you need to apply that wisdom of not gambling with amount that is way above your risk level.

You need to develop that kind of mentality as even how rich you are but if you keep pushing yourself chances that you'll lose everything and become poorer than poor is not impossible to happen, we heard those stories about gamblers who over play their finances then become broke and regret their participation to gambling, to avoid that, you need to understand that it's better to play with money that you can spare it can be applied with both poor and rich gambler, it should be an amount that spare from your finances that you are willing to let go.

nullama

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Quote from: Orpichukwu on May 08, 2024, 04:29:37 PM

~snip~
Both rich and poor people suffer almost the same thing when it comes to gambling, losing, and the amount they place on a bet. One thing you need to understand is that if I'm rich, the amount I will be willing to risk will be based on the wealth I have, which is also the same thing that the poor person will do; they will gamble based on what they have and what they can afford to lose.

Irrespective of whether the person is rich or poor, if they don't control their gambling, they can still lose it all, losing money without getting it back, and if you, as a gambler, don't draw a line to stop it, it will only lead the person to a day when they will have nothing to place a bet on.

This is true.

At the end of the day what matters is that the expected return of gambling is negative.

That means that the gambler is expected to lose their money over time.

It doesn't matter if you are rich or poor when you start, you will be poor when you end if you keep playing.

zuzie

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Quote from: Fredomago on May 08, 2024, 06:24:51 AM

In terms of controlling yourself, either rich or poor if the practice of setting up limitation and not to exceed on it will give you decent advantage as you can always stop whenever the situation needs you to stop, it will prevent you getting addicted and let you enjoy your gambling sessions.

It's true and the point is that whether rich gamblers or poor gamblers, applying self-control is very important in carrying out the gambling they are going to play so that both groups of gamblers know the proper limits and rules for gambling and when it's time to play and when they have to stop, they still do it consistently.

Quote from: Dewi Aries on May 08, 2024, 01:32:02 PM

True, the problem is that most people are too focused on the idea of winning opportunities that exist in gambling, I understand that we live always need money to buy various basic needs but try to at least use your common sense and rational mindset before finally making a decision, because only you yourself will eventually face all the consequences and others will never care about anything you experience.

Due to excessive focus and wrong ideas, many gamblers fall into the wrong life as a result of only looking at the winning aspect in gambling. It is true that we as humans never deny that money is everything. If you don't have money, life will feel like suffering. . However, we must immediately become aware of this perception, balanced with good knowledge, meaning that we do need money, but to get this money we work, not by gambling and assuming that casinos are a place to make money easily.
Yes, we should start from the beginning to analyze gambling itself properly and accurately.

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Quote from: Odusko on May 08, 2024, 04:20:32 PM

Quote from: Sakanwa on May 07, 2024, 09:50:50 AM

No one is tired of winning big,so anyone can risk more,whether rich or poor,I think anything can happen at anytime,thats why it's good to risk more.The rich can become rich today and he will eventually get broke tomorrow if the right thing was not done when he was rich,and at thesame time,if the poor keeps trying,God can eventually favour him and he gets rich tomorrow,but I see that the most important thing here is to keep on trying,keep on risking it because risk takers are future leaders and people that will decide what will happen and what not to happen tomorrow.

In this context the rich will keep losing if he doesn't use his brain to calculate and accept the obvious fact about gambling, because as far as I know gambling to both the rich and the poor way the same risk and at such whatever happens we have to develop a fundamental knowledge of the fact that gambling is a high risk and for that regardless of your class you need to apply that wisdom of not gambling with amount that is way above your risk level.

One of the things that could make the rich and the poor to keep losing money is greed. Sometimes we might be opportune to make profits from gambling and that does not make us a better gamblers. When some persons see this kind of opportunity, the decide to want to bet again just because they just made some profits in gambling to think they could bet more and make fast profits within a space of short time.
It is good we know how to fix ourselves so we don't end up doing the wrong thing that would bring severe losses we might not be able to take.

Orpichukwu

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Quote from: anna_20 on April 29, 2024, 04:41:04 AM

i think rich people can handle the losses better since it won't affect their basic needs. but poor people might lose their family stability, mental health, ... after a loss! in general, gambling can be addictive regardless of someone's financial status and should be viewed as a form of fun.

Both rich and poor people suffer almost the same thing when it comes to gambling, losing, and the amount they place on a bet. One thing you need to understand is that if I'm rich, the amount I will be willing to risk will be based on the wealth I have, which is also the same thing that the poor person will do; they will gamble based on what they have and what they can afford to lose.

Irrespective of whether the person is rich or poor, if they don't control their gambling, they can still lose it all, losing money without getting it back, and if you, as a gambler, don't draw a line to stop it, it will only lead the person to a day when they will have nothing to place a bet on.

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Quote from: Sakanwa on May 07, 2024, 09:50:50 AM

No one is tired of winning big,so anyone can risk more,whether rich or poor,I think anything can happen at anytime,thats why it's good to risk more.The rich can become rich today and he will eventually get broke tomorrow if the right thing was not done when he was rich,and at thesame time,if the poor keeps trying,God can eventually favour him and he gets rich tomorrow,but I see that the most important thing here is to keep on trying,keep on risking it because risk takers are future leaders and people that will decide what will happen and what not to happen tomorrow.

In this context the rich will keep losing if he doesn't use his brain to calculate and accept the obvious fact about gambling, because as far as I know gambling to both the rich and the poor way the same risk and at such whatever happens we have to develop a fundamental knowledge of the fact that gambling is a high risk and for that regardless of your class you need to apply that wisdom of not gambling with amount that is way above your risk level.

Nwada001

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Quote from: nullama on May 02, 2024, 07:26:26 AM

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.

Given some gamblers time limits, reducing their spending might work for some, but for others it might not. There are people who don't even spend up to the amount of time others spend in gambling for them to burn up the kind of money they waste in gambling.

The kind of game they chose to bet on and the amount they wager on each bet also matter a lot in stopping or limiting the amount they might end up spending on gambling.

adpinbr

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I just understood that everyone has what they can afford, and the limit they can go even in which can also get poor, and the poor can get poorer because of gambling depends on what you decide to the most important thing. gambler, decision matter a lot of people get poor because of gambling, either rich or poor anything can happen. everyone is gambling according to the standard, the rich stick higher deposit, according to the standard, afford to reach higher according to the standard afford, so that is it.

CroverNo01

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I think a poor gambler should risk more because he needs money the more,and has to try if luck will locate him in his quest for riches.While the rich gambler knows he already has money,and will look for few games and bet it with more money.If it comes out to be a win,he puts the money back into another game again,and like that he continues to make his money.But when one is poor,if you has won once,the fear of losing money is still in him,and therefore,cannot put more money into the gambling,and it is at that point that the rich become better gamblers than the poor.

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Quote from: Dewi Aries on May 08, 2024, 01:32:02 PM

Quote from: zuzie on May 08, 2024, 02:24:13 AM

Quote from: Dewi Aries on May 07, 2024, 12:10:34 PM

In my opinion casinos are an industry that takes advantage of the stupidity of people with the aim of benefiting their business, or it can also be said that casinos take advantage of losers who want to get a lot of money instantly without wanting to work, and it is clear that casinos will not care how bad the impact you experience when you are wrong in treating gambling activities, the point is that the goal of casinos is to get a lot of profit without thinking about how the fate of the judges, but I think it's natural because in general we should already understand and know about how the concept of betting which always leads to two possibilities at the end of the session, namely between winning or losing. So with this we should be able to think that treating gambling in an excessive way will only lead us to many disasters because there is no certainty and any guarantee of being able to produce a win. And I will say that casinos will not see who you are or whether you are rich or poor, the point is that if you engage in gambling with the wrong approach then you will become the target of casinos to be the next victim that will make you suffer a lot of adversity.

I really agree with your opinion. In fact, casinos are places where people who are not aware of the bad risks involved, they only see that casinos can make a lot of money and are easy to get, but the reality is that casinos are smart in organizing and creating tricks that tempt gamblers to stay. got into his trap.
And for gamblers who are not able to control themselves well about the casino itself, the gambler will soon experience bad luck and will lose a lot of money and the casino will gain profits with the tricks of temptation that have entered the minds of all gamblers.

True, the problem is that most people are too focused on the idea of winning opportunities that exist in gambling, I understand that we live always need money to buy various basic needs but try to at least use your common sense and rational mindset before finally making a decision, because only you yourself will eventually face all the consequences and others will never care about anything you experience.

As I said earlier that most of the gamblers are those losers who want a lot of money but do not want to work and instead depend on winning in gambling, on the other hand I am not saying that you will never win but what is certain and what must be remembered is that gambling has absolutely no element of consistency in terms of producing wins, all of that will only happen by "chance" and this is why it makes no sense to make gambling a place to make a living, the saying goes that your mouth is your harima and your mindset is something that will determine your fate.

I have also heard opinions that some people think players are lazy people because they want to earn money by pressing one button and sitting in front of the monitor. Of course, most of them will be losers, but there will also be someone who can change their life for the better, and it is natural that every player before the gaming session thinks that it will be him. Many people believe in their chosenness and specialness, I would like the players to be more realistic, because they can pay very dearly for this pride.

Dewi Aries

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Quote from: zuzie on May 08, 2024, 02:24:13 AM

Quote from: Dewi Aries on May 07, 2024, 12:10:34 PM

In my opinion casinos are an industry that takes advantage of the stupidity of people with the aim of benefiting their business, or it can also be said that casinos take advantage of losers who want to get a lot of money instantly without wanting to work, and it is clear that casinos will not care how bad the impact you experience when you are wrong in treating gambling activities, the point is that the goal of casinos is to get a lot of profit without thinking about how the fate of the judges, but I think it's natural because in general we should already understand and know about how the concept of betting which always leads to two possibilities at the end of the session, namely between winning or losing. So with this we should be able to think that treating gambling in an excessive way will only lead us to many disasters because there is no certainty and any guarantee of being able to produce a win. And I will say that casinos will not see who you are or whether you are rich or poor, the point is that if you engage in gambling with the wrong approach then you will become the target of casinos to be the next victim that will make you suffer a lot of adversity.

I really agree with your opinion. In fact, casinos are places where people who are not aware of the bad risks involved, they only see that casinos can make a lot of money and are easy to get, but the reality is that casinos are smart in organizing and creating tricks that tempt gamblers to stay. got into his trap.
And for gamblers who are not able to control themselves well about the casino itself, the gambler will soon experience bad luck and will lose a lot of money and the casino will gain profits with the tricks of temptation that have entered the minds of all gamblers.

True, the problem is that most people are too focused on the idea of winning opportunities that exist in gambling, I understand that we live always need money to buy various basic needs but try to at least use your common sense and rational mindset before finally making a decision, because only you yourself will eventually face all the consequences and others will never care about anything you experience.

As I said earlier that most of the gamblers are those losers who want a lot of money but do not want to work and instead depend on winning in gambling, on the other hand I am not saying that you will never win but what is certain and what must be remembered is that gambling has absolutely no element of consistency in terms of producing wins, all of that will only happen by "chance" and this is why it makes no sense to make gambling a place to make a living, the saying goes that your mouth is your harima and your mindset is something that will determine your fate.

bounceback

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Quote from: Nrcewker on February 07, 2024, 03:54:10 AM

Rich people gamble only to entertain themselves. Whereas a poor person gambles in order to make some extra money from it. For them gambling is like taking huge risk on their hard earned money. Whereas a rich person doesn’t care about the outcomes and gambles. There is no need of comparison. The poor people always take the highest risk in order to make some extra money. So yes poor people always risk their money more.

What you say is a reality in gambling and I often encounter unfortunate people when gambling, they don't care if the wages they get from their daily hard work are lost in gambling even though they don't have anything left of themselves because they always think that the more money they spend when placing a bet, the bigger the win they will get later, which makes them dare to spend the money they have on this, even though basically what they hope for will not be easy to get in gambling.

Fredomago

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Quote from: zuzie on May 08, 2024, 02:24:13 AM

Quote from: Dewi Aries on May 07, 2024, 12:10:34 PM

In my opinion casinos are an industry that takes advantage of the stupidity of people with the aim of benefiting their business, or it can also be said that casinos take advantage of losers who want to get a lot of money instantly without wanting to work, and it is clear that casinos will not care how bad the impact you experience when you are wrong in treating gambling activities, the point is that the goal of casinos is to get a lot of profit without thinking about how the fate of the judges, but I think it's natural because in general we should already understand and know about how the concept of betting which always leads to two possibilities at the end of the session, namely between winning or losing. So with this we should be able to think that treating gambling in an excessive way will only lead us to many disasters because there is no certainty and any guarantee of being able to produce a win. And I will say that casinos will not see who you are or whether you are rich or poor, the point is that if you engage in gambling with the wrong approach then you will become the target of casinos to be the next victim that will make you suffer a lot of adversity.

I really agree with your opinion. In fact, casinos are places where people who are not aware of the bad risks involved, they only see that casinos can make a lot of money and are easy to get, but the reality is that casinos are smart in organizing and creating tricks that tempt gamblers to stay. got into his trap.
And for gamblers who are not able to control themselves well about the casino itself, the gambler will soon experience bad luck and will lose a lot of money and the casino will gain profits with the tricks of temptation that have entered the minds of all gamblers.

The kind of mindset which mostly go deep and become addicted, not realizing that casino is a business and not a charity who will provide money for you, but instead they will take away that money as soon as you forget about your set limits and become addicted, both rich or poor if the process is leading them to addiction there's no one that will benefits from it but the casino owners who really loves seeing people got engage and keep playing, spending both time and money to try beating the house.

In terms of controlling yourself, either rich or poor if the practice of setting up limitation and not to exceed on it will give you decent advantage as you can always stop whenever the situation needs you to stop, it will prevent you getting addicted and let you enjoy your gambling sessions.

zuzie

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Quote from: Dewi Aries on May 07, 2024, 12:10:34 PM

In my opinion casinos are an industry that takes advantage of the stupidity of people with the aim of benefiting their business, or it can also be said that casinos take advantage of losers who want to get a lot of money instantly without wanting to work, and it is clear that casinos will not care how bad the impact you experience when you are wrong in treating gambling activities, the point is that the goal of casinos is to get a lot of profit without thinking about how the fate of the judges, but I think it's natural because in general we should already understand and know about how the concept of betting which always leads to two possibilities at the end of the session, namely between winning or losing. So with this we should be able to think that treating gambling in an excessive way will only lead us to many disasters because there is no certainty and any guarantee of being able to produce a win. And I will say that casinos will not see who you are or whether you are rich or poor, the point is that if you engage in gambling with the wrong approach then you will become the target of casinos to be the next victim that will make you suffer a lot of adversity.

I really agree with your opinion. In fact, casinos are places where people who are not aware of the bad risks involved, they only see that casinos can make a lot of money and are easy to get, but the reality is that casinos are smart in organizing and creating tricks that tempt gamblers to stay. got into his trap.
And for gamblers who are not able to control themselves well about the casino itself, the gambler will soon experience bad luck and will lose a lot of money and the casino will gain profits with the tricks of temptation that have entered the minds of all gamblers.

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Quote from: zuzie on May 07, 2024, 09:26:14 AM

Quote from: Fredomago on May 06, 2024, 04:30:18 AM

That's true! Casino owners are after with the profits that they might gain to whoever or whatever types of a gambler you are as long as they can benefits from how you play the game, though the risk if a rich gamblers do understand the situation and a wise type of a gambler as he can simply quit once he already achieved his goals and leave the house with a very decent wins, but then again, just go back to the original setup, gambling house is built to earn so they will find that way, the best way to attract and let both rich and poor gamblers to wager huge amount of money for the chance to bank that amount and become their profits.

That's absolutely right and the conclusion is that the host is only aiming for profit, the host doesn't care about the fate that will be received by rich gamblers or poor gamblers, whether good luck or bad luck has been borne by the gamblers. So the host only works on how to attract the sympathy of rich gamblers and poor gamblers to continue gambling continuously without stopping.
Therefore, we as gamblers should be fully aware of the correct understanding of gambling so that we are not easily caught in the trap of temptation from the house. Even though this is very difficult to do, at least we know and reduce gambling activities so that it doesn't have a very bad impact on our lives.

In my opinion casinos are an industry that takes advantage of the stupidity of people with the aim of benefiting their business, or it can also be said that casinos take advantage of losers who want to get a lot of money instantly without wanting to work, and it is clear that casinos will not care how bad the impact you experience when you are wrong in treating gambling activities, the point is that the goal of casinos is to get a lot of profit without thinking about how the fate of the judges, but I think it's natural because in general we should already understand and know about how the concept of betting which always leads to two possibilities at the end of the session, namely between winning or losing. So with this we should be able to think that treating gambling in an excessive way will only lead us to many disasters because there is no certainty and any guarantee of being able to produce a win. And I will say that casinos will not see who you are or whether you are rich or poor, the point is that if you engage in gambling with the wrong approach then you will become the target of casinos to be the next victim that will make you suffer a lot of adversity.

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Quote from: Sakanwa on May 07, 2024, 09:50:50 AM

No one is tired of winning big,so anyone can risk more,whether rich or poor,I think anything can happen at anytime,thats why it's good to risk more.The rich can become rich today and he will eventually get broke tomorrow if the right thing was not done when he was rich,and at thesame time,if the poor keeps trying,God can eventually favour him and he gets rich tomorrow,but I see that the most important thing here is to keep on trying,keep on risking it because risk takers are future leaders and people that will decide what will happen and what not to happen tomorrow.

Poor or rich is just a status, it doesn't change the way of playing, it's still the same even though there are differences in mindset, every gambler must have the courage to take risks, the bigger the goal he wants to achieve, the bigger the risk, the bigger the bet, the bigger the win. but here what must be understood is the awareness of the gamblers, sometimes they want to gamble but subconsciously they complain about their losses so they try to recover their losses until in the end most people become addicted to gambling and go bankrupt because they don't understand the risks they are taking.

Gamblers who don't dare to take risks should not gamble when they lose. They should stop gambling, not continue gambling and try to recover, that's not the right and good way, in the end they will become addicted to gambling and go bankrupt, I often see this being done by rich gamblers. never have the intention to gamble to recover their losses, that's why we rarely find rich gamblers who go bankrupt or are addicted to gambling. Look at how poor gamblers usually don't take risks so they keep making deposits to keep trying to win and try to recover their losses.

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No one is tired of winning big,so anyone can risk more,whether rich or poor,I think anything can happen at anytime,thats why it's good to risk more.The rich can become rich today and he will eventually get broke tomorrow if the right thing was not done when he was rich,and at thesame time,if the poor keeps trying,God can eventually favour him and he gets rich tomorrow,but I see that the most important thing here is to keep on trying,keep on risking it because risk takers are future leaders and people that will decide what will happen and what not to happen tomorrow.

zuzie

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Quote from: Fredomago on May 06, 2024, 04:30:18 AM

Quote from: zuzie on May 03, 2024, 09:01:16 PM

Quote from: Fredomago on May 03, 2024, 02:59:55 PM

That's something that makes a difference in between, though in terms of the possibilities that both might overspend their finances is still possible as not all those rich gamblers really understand the situation, there are also rich gamblers who can fall into it and that's the intentions of those casino owners, they love to attract those people who got that huge capabilities to gamble their money, they will try to provide offers that will engage the gambler and if by chance the gambler get really attached and become addicted that's where the money will flow and that's what the owner intend to happened.

Indeed, rich and poor gamblers certainly have their own differences and similarities, but both rich and poor gamblers can choose and decide on the steps and how they carry out their gambling depending on each individual.
Rich gamblers who already have a greedy nature will definitely be more aggressive in risking their finances apart from being supported by a lot of material so it is easy for rich gamblers to do whatever they want and in the end the rich gambler also experiences quite a large level of loss. because his self-control had disappeared.
So, this is where we as gamblers should always be careful in the gambling game sessions that we are going to play, because the casino does not differentiate between rich gamblers and poor gamblers. The casino only wants to profit and avoid losses.

That's true! Casino owners are after with the profits that they might gain to whoever or whatever types of a gambler you are as long as they can benefits from how you play the game, though the risk if a rich gamblers do understand the situation and a wise type of a gambler as he can simply quit once he already achieved his goals and leave the house with a very decent wins, but then again, just go back to the original setup, gambling house is built to earn so they will find that way, the best way to attract and let both rich and poor gamblers to wager huge amount of money for the chance to bank that amount and become their profits.

That's absolutely right and the conclusion is that the host is only aiming for profit, the host doesn't care about the fate that will be received by rich gamblers or poor gamblers, whether good luck or bad luck has been borne by the gamblers. So the host only works on how to attract the sympathy of rich gamblers and poor gamblers to continue gambling continuously without stopping.
Therefore, we as gamblers should be fully aware of the correct understanding of gambling so that we are not easily caught in the trap of temptation from the house. Even though this is very difficult to do, at least we know and reduce gambling activities so that it doesn't have a very bad impact on our lives.

nullama

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Quote from: Lucasgabd on May 05, 2024, 02:14:06 PM

~snip~
you are right
like my old granpa used to say "it's much easier to make money if you have money"
this is the game
the good thing about not making the path to get money so hard to do is that more people can learn it and get there too if they want

easier said than done but not impossible

Yeah, the whole thing is based on the idea that money is somehow a valuable thing to have.

So, if you have money, you can lend it/invest it and create more value with it.

The key aspect is to convert time to money, and then use that money to generate more money instead of time.

Because time is the most scarce thing we have.

The problem is that most societies are designed so that most people just get by after they get paid, so they can't really invest the surplus.

Fredomago

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Quote from: zuzie on May 03, 2024, 09:01:16 PM

Quote from: Fredomago on May 03, 2024, 02:59:55 PM

That's something that makes a difference in between, though in terms of the possibilities that both might overspend their finances is still possible as not all those rich gamblers really understand the situation, there are also rich gamblers who can fall into it and that's the intentions of those casino owners, they love to attract those people who got that huge capabilities to gamble their money, they will try to provide offers that will engage the gambler and if by chance the gambler get really attached and become addicted that's where the money will flow and that's what the owner intend to happened.

Indeed, rich and poor gamblers certainly have their own differences and similarities, but both rich and poor gamblers can choose and decide on the steps and how they carry out their gambling depending on each individual.
Rich gamblers who already have a greedy nature will definitely be more aggressive in risking their finances apart from being supported by a lot of material so it is easy for rich gamblers to do whatever they want and in the end the rich gambler also experiences quite a large level of loss. because his self-control had disappeared.
So, this is where we as gamblers should always be careful in the gambling game sessions that we are going to play, because the casino does not differentiate between rich gamblers and poor gamblers. The casino only wants to profit and avoid losses.

That's true! Casino owners are after with the profits that they might gain to whoever or whatever types of a gambler you are as long as they can benefits from how you play the game, though the risk if a rich gamblers do understand the situation and a wise type of a gambler as he can simply quit once he already achieved his goals and leave the house with a very decent wins, but then again, just go back to the original setup, gambling house is built to earn so they will find that way, the best way to attract and let both rich and poor gamblers to wager huge amount of money for the chance to bank that amount and become their profits.

Topic: Rich or poor gambler, who should risk more? - page 31. (Read 9664 times)