Rich or poor gambler, who should risk more? - page 56.

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Quote from: Queentoshi on February 07, 2024, 02:35:11 AM

Gambling an activity for fun also has the chance to turn someone's fortune. Calculated risk when taken in gambling can be the way to big wins from gambling. Who do you think should take more risk in gambling? The rich gambler or the gambler who is not yet rich. If a rich gambler takes risks in gambling, they are risking losing money and becoming poor from gambling, or getting richer, when a gambler who is not yet rich gambles, they can also get poorer or richer, so the gambler who should take the risk should be the gambler who can handle the dangers of the risk like losing too. When a rich gambler loses from taking a risk, there is a better chance of them being in a position to manage with the losses, than someone struggling financially who a big loss will really affect. So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?

bro don't expect too much in gambling, you won't get rich from gambling. Rich or poor, the only difference between the two is that the rich will gamble longer because they have a bigger budget than the poor. They just take the same risk because what we are talking about is gambling, there can't be no risk, it's just that there is a big difference between the two, so it's harder for poor people to take risks or even have second thoughts because their gambling budget is limited. For me, the rich and the poor both take risks, depending on what they can afford to lose.

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Rich gamblers:

The rich gamblers will have the money can be used again and again to recover the loss in the gambling site.But the capital shouldn’t used more for the rich gamblers to become the poor gamblers.The more advantages for the risky gamblers was they can handle the real risk in the gambling site by doing the game and big betting in the gambling site.So the gamblers who want to make money should use all the strategies in the gambling site.

Poor gamblers

The poor gamblers will not able to maintain the game in the gambling site,because they won’t have enough money in the gambling site.The risk of more money was not the possible one in the gambling site.The recovery was the hardest part here because of no money.

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In my opinion, it shouldn't be imprinted in a gambler's mind that they should prioritize abstaining from gambling due to the inherent financial risk and potential negative outcomes it carries, regardless of their wealth or lack of money. Despite the fact that wealthy people usually have more spare income and assets to make up for any possible losses from gambling, they might be able to afford to wager at greater stakes without suffering a major setback to their overall financial situation. However, those who are poor have fewer resources available to them; therefore, I believe that investing any amount of money in gambling can make their situation worse and increase their chances of negative outcomes like a lack of income, debt, and unstable finances.
What I'm attempting to express is that we should budget mathematically and only take on risks that we can afford to lose.

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Quote from: shasan on February 11, 2024, 04:38:46 PM

Quote from: sokani on February 10, 2024, 05:07:15 PM

A gambler should always gamble with what he can afford to lose. Having said that, between who to take more risk, I think a rich gambler should do that because of his financial status and a poor gambler should risk less because he has more to lose. If a rich gambler takes a risk and loses, he may not really affect him because he's well to do, but if he wins a jackpot he becomes more richer. The same applies to the poor gambler, if he takes a risks and wins, his story changes but if he loses, it'll hurt him so bad because doesn't have much.

I think it is rare that any rich people become richer by gambling and at the same point I don't have any example who became riches by gambling. There might be a small portion of people which might be 1 or 2 among 0.1 million people who have changed his/her lives significantly by winning from gambling.

There are certainly few but the opportunity is there. Especially in games like Poker, you can earn a lot of money with a little luck and a lot of talent. There are also many examples of this. As in many other areas of life, the best win. But you should only use as much money as you can lose without it hurting too much.

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Quote from: junder on February 11, 2024, 02:20:23 PM

Quote from: Shishir99 on February 11, 2024, 11:13:07 AM

Quote from: Accardo on February 10, 2024, 06:37:22 PM

Such things have made the low rollers to try mimicking the wagering style of the high rollers, and it affects them a lot. Gamblers deserve to focus and make the best strategy for them, to stay responsible. Not being bothered of taking risks or not. Gambling is risk.

This is one of the most dangerous parts of online gambling. People tend to follow streamers who stream their big wins and their viewers join those platforms using those streamer's affiliate links and try the same strategy. But, as we know, a strategy never works for everyone. We cannot copy others' strategies to change our luck. Everyone has different types of expertise in different games.

If a gambler with $100 tries to follow another streamer who has nearly a hundred thousand dollar bankroll, surely they will lose the money within a few minutes. The shocking things is, most streamers play with fake money.

What you say is correct, even if we follow the strategy of the streamers it will not produce the same events, if indeed the streamers always win with the gambling they do, in my opinion it is just a trick to attract a lot of people's interest in gambling with using the link they provide, with that they can make a profit too, and if the streamers always win with their gambling, it could be that they are collaborating with a gambling industry company whose goal is as I said above.

That's the technique for getting more traffic, which affects the bank roll of the low roller. Moving forward the player begins to lay blames on the streamers for being the reason why they lost all their funds, gambling. It then starts to affect the emotional state of the gambler that he'd begin to lose control and get problem in his gambling process. However, when a high roller is watching a streamer play, he could be following his moves without much problem because the high rollers has the sufficient funds to take care of himself, without running broke. The low rollers, find it so hard as the money is needed to solve other financial responsibilities. So, the viewers who has enough money can play like the streamers, while those who don't have enough should focus in saving up money for other things. It's wrong to go short of money, due to gambling.

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Quote from: Rabata on February 11, 2024, 11:48:46 AM

Quote from: kojektea on February 11, 2024, 10:10:59 AM

Quote from: Gheka on February 11, 2024, 02:42:35 AM

Quote from: kojektea on February 10, 2024, 11:38:35 AM

In my opinion, rich people and poor people are the same at risk, there is no difference, if a rich person spends a lot of money on gambling because he has a lot of money and vice versa, everyone is at risk of bankruptcy, it all depends on us and the strategies we use in gambling , so there is no difference between rich and poor people in gambling

Risk is something that is very balanced, but the way it is handled will not be the same between the rich and the poor when the economic advantage often favors the rich because just thinking about bankruptcy, poor people's recklessness is likely to be higher, they only have a little income, nothing more to change, therefore, closing their eyes and climbing the door of gambling is their solution. While the rich do not need to put too much emphasis on risk here, for them, the money earned here is not the solution, they have more opportunities in society, where they have the right to perform better

If we take it from the reality perspective, the risks that will be accepted are the same, but if both have a strategy, both of them are also entitled to the same profits and losses, like this, $100 for a rich person is quite small and $100 for a poor person is very large, so it's like someone The rich get $100, the poor get $10 the same, only the lifestyle is different, the poor can buy 1 shirt for $10 while the rich can also buy a $100 shirt. Their lifestyle is what differentiates them and their financial portion.

Small or big amount doesn't matter in gambling. If the luck is good, one can rise very quickly in a short period of time and if it is bad, it will fall in a short period of time. A poor man can become rich quickly and a rich man can lose everything. Speaking of risk here, of course I think it would be equal for both. A rich person may not value a little money but a poor person prefers to spend the whole day in gambling to get a little money. Both classes of people are at risk in this respect and from my point of view I cannot distinguish between the rich and the poor. But my guess is that the poor take more risks.

What is the main reason you say poor people take higher risks than rich people? In fact, they are at the same risk of bankruptcy, if in games rich people tend to use big bets and poor people tend to use small bets, so what differentiates them?
For me, they only differ nominally when gambling

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Quote from: sokani on February 10, 2024, 05:07:15 PM

A gambler should always gamble with what he can afford to lose. Having said that, between who to take more risk, I think a rich gambler should do that because of his financial status and a poor gambler should risk less because he has more to lose. If a rich gambler takes a risk and loses, he may not really affect him because he's well to do, but if he wins a jackpot he becomes more richer. The same applies to the poor gambler, if he takes a risks and wins, his story changes but if he loses, it'll hurt him so bad because doesn't have much.

I think it is rare that any rich people become richer by gambling and at the same point I don't have any example who became riches by gambling. There might be a small portion of people which might be 1 or 2 among 0.1 million people who have changed his/her lives significantly by winning from gambling.

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Quote from: masulum on February 11, 2024, 12:56:28 PM

Quote from: Shishir99 on February 11, 2024, 11:13:07 AM

If a gambler with $100 tries to follow another streamer who has nearly a hundred thousand dollar bankroll, surely they will lose the money within a few minutes. The shocking things is, most streamers play with fake money.

very funny, is there someone like that out there? As bad as I was when become an active slot player, and almost every day to playing slots (around 3 years ago), even i couldn't manage my emotions when I lost, I never followed the pattern of streamers who had more money to gamble with than me. Because I know, if I will never able to imitate them, and i know it could be worse than my condition at that time if i trying to follow streamer. However, everyone shouldn't look at how they spend a lot of money gambled by streamer, but just to learn or to know the game that strange to us.

I don't know but chances that there are people who idolize those streamers that much to the point that they are imitating whatever the strategy that being shared, for sure, it's the casino and streamer itself that will be benefited because the outcome most probably will be in the losing side.

Better to play with your own knowledge and understanding instead of being influenced by other people whatever the outcome its you to be blame and held responsible.

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Quote from: Queentoshi on February 07, 2024, 02:35:11 AM

Gambling an activity for fun also has the chance to turn someone's fortune. Calculated risk when taken in gambling can be the way to big wins from gambling. Who do you think should take more risk in gambling? The rich gambler or the gambler who is not yet rich. If a rich gambler takes risks in gambling, they are risking losing money and becoming poor from gambling, or getting richer, when a gambler who is not yet rich gambles, they can also get poorer or richer, so the gambler who should take the risk should be the gambler who can handle the dangers of the risk like losing too. When a rich gambler loses from taking a risk, there is a better chance of them being in a position to manage with the losses, than someone struggling financially who a big loss will really affect. So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?

Speaking literally or sensibly on who would be the ones who would be risking more then of course the rich one but not on the sense that it would really be that totally on this side
considering that a particular individual is really that financially capable on which means that he could really just simply replenish those balance or loses which it is unlike into those poor
ones who had been using up those last funds or money that they do have on having those hopes that they could be able to flip it out and make those multipliers on which this is something
that you would really be having thoughts in mind. Well, in overall speaking in between risks then both things does impose risks on which its up to you whether
you would really be making yourself that responsible or not.

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Quote from: masulum on February 11, 2024, 12:56:28 PM

Quote from: Shishir99 on February 11, 2024, 11:13:07 AM

If a gambler with $100 tries to follow another streamer who has nearly a hundred thousand dollar bankroll, surely they will lose the money within a few minutes. The shocking things is, most streamers play with fake money.

very funny, is there someone like that out there? As bad as I was when become an active slot player, and almost every day to playing slots (around 3 years ago), even i couldn't manage my emotions when I lost, I never followed the pattern of streamers who had more money to gamble with than me. Because I know, if I will never able to imitate them, and i know it could be worse than my condition at that time if i trying to follow streamer. However, everyone shouldn't look at how they spend a lot of money gambled by streamer, but just to learn or to know the game that strange to us.

Most of the players should not follow any streamers at all as they are playing with sponsored money in the best case or as it is stated with fake money in the worse case.I think that the poor should risk the maximum they can afford to lose,for example if a poor person can only afford to lose 100 dollars a month that is the maximum they should risk,the way they should risk is different from rich persons who can have like 10.000 dollars a month to be playing,for example the poor should be playing slots with huge possible max wins like x30000 or x40000 multipliers and play with the minimum bet of such slot while the rich they go and play with 1-5 dollars per bet,that is what can be the difference.

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Quote from: Shishir99 on February 11, 2024, 11:13:07 AM

Quote from: Accardo on February 10, 2024, 06:37:22 PM

Such things have made the low rollers to try mimicking the wagering style of the high rollers, and it affects them a lot. Gamblers deserve to focus and make the best strategy for them, to stay responsible. Not being bothered of taking risks or not. Gambling is risk.

This is one of the most dangerous parts of online gambling. People tend to follow streamers who stream their big wins and their viewers join those platforms using those streamer's affiliate links and try the same strategy. But, as we know, a strategy never works for everyone. We cannot copy others' strategies to change our luck. Everyone has different types of expertise in different games.

If a gambler with $100 tries to follow another streamer who has nearly a hundred thousand dollar bankroll, surely they will lose the money within a few minutes. The shocking things is, most streamers play with fake money.

What you say is correct, even if we follow the strategy of the streamers it will not produce the same events, if indeed the streamers always win with the gambling they do, in my opinion it is just a trick to attract a lot of people's interest in gambling with using the link they provide, with that they can make a profit too, and if the streamers always win with their gambling, it could be that they are collaborating with a gambling industry company whose goal is as I said above.

It's true that what you say is that copying other people's strategies cannot change the portion of luck that we have, because in my opinion gambling itself depends on luck which will give us victory. and those who have to take more big risks in my opinion are rich people, because they have a lot of money because rich is another word for having a lot of money. with the money they have, it's not wrong if they gamble with big risks, such as gambling with large amounts, that's normal. but of course this can also be detrimental to them. In fact, it is clear that betting with large amounts means the risk of loss is also large.

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Quote from: Shishir99 on February 11, 2024, 11:13:07 AM

If a gambler with $100 tries to follow another streamer who has nearly a hundred thousand dollar bankroll, surely they will lose the money within a few minutes. The shocking things is, most streamers play with fake money.

very funny, is there someone like that out there? As bad as I was when become an active slot player, and almost every day to playing slots (around 3 years ago), even i couldn't manage my emotions when I lost, I never followed the pattern of streamers who had more money to gamble with than me. Because I know, if I will never able to imitate them, and i know it could be worse than my condition at that time if i trying to follow streamer. However, everyone shouldn't look at how they spend a lot of money gambled by streamer, but just to learn or to know the game that strange to us.

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Quote from: kojektea on February 11, 2024, 10:10:59 AM

Quote from: Gheka on February 11, 2024, 02:42:35 AM

Quote from: kojektea on February 10, 2024, 11:38:35 AM

In my opinion, rich people and poor people are the same at risk, there is no difference, if a rich person spends a lot of money on gambling because he has a lot of money and vice versa, everyone is at risk of bankruptcy, it all depends on us and the strategies we use in gambling , so there is no difference between rich and poor people in gambling

Risk is something that is very balanced, but the way it is handled will not be the same between the rich and the poor when the economic advantage often favors the rich because just thinking about bankruptcy, poor people's recklessness is likely to be higher, they only have a little income, nothing more to change, therefore, closing their eyes and climbing the door of gambling is their solution. While the rich do not need to put too much emphasis on risk here, for them, the money earned here is not the solution, they have more opportunities in society, where they have the right to perform better

If we take it from the reality perspective, the risks that will be accepted are the same, but if both have a strategy, both of them are also entitled to the same profits and losses, like this, $100 for a rich person is quite small and $100 for a poor person is very large, so it's like someone The rich get $100, the poor get $10 the same, only the lifestyle is different, the poor can buy 1 shirt for $10 while the rich can also buy a $100 shirt. Their lifestyle is what differentiates them and their financial portion.

Small or big amount doesn't matter in gambling. If the luck is good, one can rise very quickly in a short period of time and if it is bad, it will fall in a short period of time. A poor man can become rich quickly and a rich man can lose everything. Speaking of risk here, of course I think it would be equal for both. A rich person may not value a little money but a poor person prefers to spend the whole day in gambling to get a little money. Both classes of people are at risk in this respect and from my point of view I cannot distinguish between the rich and the poor. But my guess is that the poor take more risks.

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Quote from: Accardo on February 10, 2024, 06:37:22 PM

Such things have made the low rollers to try mimicking the wagering style of the high rollers, and it affects them a lot. Gamblers deserve to focus and make the best strategy for them, to stay responsible. Not being bothered of taking risks or not. Gambling is risk.

This is one of the most dangerous parts of online gambling. People tend to follow streamers who stream their big wins and their viewers join those platforms using those streamer's affiliate links and try the same strategy. But, as we know, a strategy never works for everyone. We cannot copy others' strategies to change our luck. Everyone has different types of expertise in different games.

If a gambler with $100 tries to follow another streamer who has nearly a hundred thousand dollar bankroll, surely they will lose the money within a few minutes. The shocking things is, most streamers play with fake money.

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Gambling fam! Whether you're rolling in dough or hustlin' hard, the same rule applies: only bet what you can lose without, like, freaking out. Rich folks ain't immune to bad decisions, and small bets can still bring the thrill, ya feel?

Think of gambling like a fun night out, not a shortcut to riches. Set limits, stick to 'em, and don't chase losses like a lovesick puppy. Remember, the casino always wins in the long run, so don't expect it to be your main squeeze.

Luck is a fickle beast, like that free lottery at Freebitco.in – one lucky duck wins, while others chill with their consolation prizes. But hey, even small bets can hit the jackpot if you play smart.

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Quote from: Gheka on February 11, 2024, 02:42:35 AM

Quote from: kojektea on February 10, 2024, 11:38:35 AM

In my opinion, rich people and poor people are the same at risk, there is no difference, if a rich person spends a lot of money on gambling because he has a lot of money and vice versa, everyone is at risk of bankruptcy, it all depends on us and the strategies we use in gambling , so there is no difference between rich and poor people in gambling

Risk is something that is very balanced, but the way it is handled will not be the same between the rich and the poor when the economic advantage often favors the rich because just thinking about bankruptcy, poor people's recklessness is likely to be higher, they only have a little income, nothing more to change, therefore, closing their eyes and climbing the door of gambling is their solution. While the rich do not need to put too much emphasis on risk here, for them, the money earned here is not the solution, they have more opportunities in society, where they have the right to perform better

If we take it from the reality perspective, the risks that will be accepted are the same, but if both have a strategy, both of them are also entitled to the same profits and losses, like this, $100 for a rich person is quite small and $100 for a poor person is very large, so it's like someone The rich get $100, the poor get $10 the same, only the lifestyle is different, the poor can buy 1 shirt for $10 while the rich can also buy a $100 shirt. Their lifestyle is what differentiates them and their financial portion.

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Quote from: Cryptoprincess101 on February 11, 2024, 03:11:56 AM

Quote from: Queentoshi on February 07, 2024, 02:35:11 AM

Gambling an activity for fun also has the chance to turn someone's fortune. Calculated risk when taken in gambling can be the way to big wins from gambling. Who do you think should take more risk in gambling? The rich gambler or the gambler who is not yet rich.

None should take higher risk because what is applicable to the rich in gambling is also same with an average or a poor gambler, the only difference is that the rich can bear the outcome of his loss whereas the average man doesn't because his hopes is bestowed on a risk being taken but no matter what, no body should take higher risk because even the rich has higher risk of feeling the pain because a huge amount is at staked whereas the average man risk the little he has and when a rich man losses huge amount of money to gambling it affects their psychological health and due to high risk that are mostly taken by the rich people causes the rate of high blood pressure to be on the increase among rich people.

No one should take too high a risk because it would be a loss of a lot of money if they took a high risk. Each person must be able to control their risks by placing limits every time they gamble to reduce the number of losses. Both rich and poor people do not need to risk a lot of money, especially with the uncertainty of when they can win from gambling, so this will be a sign to ask them. If they continue to take high risks, it will make them experience health problems because every time they gamble, they have to worry about the question of how much they will lose this time. This will make them feel worried, and if that happens, gambling will no longer be a fun activity because they are already worried about losing. This is why we don't need to risk losing a lot of money because that is not our goal in gambling.

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Quote from: Pumared on February 10, 2024, 09:02:28 PM

Quote from: the rise on February 10, 2024, 11:00:38 AM

between rich and poor gamblers who take the biggest risks are poor people, because poor people really hope for an instant win, while rich people tend to enjoy the game more and they only gamble to get rid of their boredom, they use gambling as a way to relieve boredom, whereas poor people think of doubling their money

But if we think about it, the poor can also use this for fun. He plays because he wants to have a more fun game, or he bets with friends. Anyway, I believe that both can have this vision of fun in betting.

Yes, it is true that to have fun gambling, not only rich people but also poor gamblers can do it, namely by using a mindset like rich people and following their way of playing, this method is actually better because it can prevent gambling addiction, so gamblers We rarely find rich people addicted to gambling and chasing wins when gambling, in contrast to poor people they mostly chase wins and that is a fact even though they can play the way rich gamblers do.

What you say is true that to have fun you don't have to look at someone's status, whether they are a rich gambler or a poor gambler, because everyone can do it the same way, but also remember that usually poor gamblers are much more greedy, spending their money faster with higher bets. bigger than rich people, we also have to accept the fact that poor gamblers can never enjoy the game and have fun with their gambling because they will appear more serious because their goal is to make money rather than to have fun. I am talking about facts that are currently happening to date.

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Quote from: the rise on February 10, 2024, 11:00:38 AM

between rich and poor gamblers who take the biggest risks are poor people, because poor people really hope for an instant win, while rich people tend to enjoy the game more and they only gamble to get rid of their boredom, they use gambling as a way to relieve boredom, whereas poor people think of doubling their money

I think many cases are true
there'll be cases of poor people able to make money and turn their lives through gambling
there'll be rich ones that become addicted and lose it all, sell things they shouldn't sell to gamble

life is crazy and variability between humans is huge

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Quote from: Queentoshi on February 07, 2024, 02:35:11 AM

Gambling an activity for fun also has the chance to turn someone's fortune. Calculated risk when taken in gambling can be the way to big wins from gambling. Who do you think should take more risk in gambling? The rich gambler or the gambler who is not yet rich. If a rich gambler takes risks in gambling, they are risking losing money and becoming poor from gambling, or getting richer, when a gambler who is not yet rich gambles, they can also get poorer or richer, so the gambler who should take the risk should be the gambler who can handle the dangers of the risk like losing too. When a rich gambler loses from taking a risk, there is a better chance of them being in a position to manage with the losses, than someone struggling financially who a big loss will really affect. So, I am confused after asking myself this question and answering it, does this mean a poor gambler should continue to play it safe in gambling? With no risk, how can a poor gambler change their fortune in gambling?

In my opinion gambling should always be done in relation to our total bankroll. That means that rich people can gamble much more risky, because they have more money and that poorer people should gamble less risky, because their bankroll is much smaller. I can understand your thinking, a poorer person still wants to get rich and his only way to get their is by taking risky bets with high payouts. Unfortunately, risky bets also mean that there is a much higher chance of us losing our money. What good does it do in building up our bankroll if we are losing a large number of our bets? At least for me it's important to be more financially responsible and focus on my bankroll management the less money I have. If I ever manage to become rich, then I would probably start gambling much more relaxed and not focus on risk so strongly. There are much more stories of people losing a lot of money in gambling, then there are stories of people becoming rich through gambling. We should learn from that and not focus too much on getting rich quickly, but rather slowly build up our bankroll.

Topic: Rich or poor gambler, who should risk more? - page 56. (Read 9660 times)