Topic: Rich or poor gambler, who should risk more? - page 63. (Read 9659 times)

The level of risk should not depend on your financial status, if you increase the risks it increases your chances of losing, so it does not matter who loses, rich or poor, if the risks increase it will most likely be a loss. The only difference is who will run out of money faster.

The poor man does not need to risk everything he has, otherwise it could become a catastrophic loss for him, he needs to play only for that part, the loss of which will not cause the player many problems. And I am inclined to believe that a poor person should not try to get rich through gambling, it initially looks like a bad idea.

Playing gambling is a risk, without talking about the risk of gambling is a risk taking itself which in essence there is a clause of winning and losing however you are responsible for the gambling you do.

And thinking rich get richer or poor get poorer or in another scenario, the poor get rich and the rich get poorer in gambling activities, I think that is utopian thinking because so far I have never heard of poor people getting rich or rich people getting richer from gambling (regardless of the level of risk taken), as for getting a big win and positioning it to have a lot of money still cannot be said to be rich, maybe it can be said to be rich but it cannot last long because people who get money in gambling they will return to gambling.

Gambling is risky for everyone be it rich gambler or poor gambler. I think gambling is a game where profit or loss is hanging. Gambling basically involves fixing a certain amount of money and then gambling. In gambling, both parties have an equal risk of winning or losing.

Also I think no one can ever change their luck in gambling be it rich or poor gambler. Those who think of changing their fortunes through gambling find themselves heavily addicted to gambling and lose everything.There are also many people who are so addicted to gambling that they even sell their houses and land in order to change their fortunes. Poor people get addicted to gambling because they think that they will get a lot of money from gambling and become rich quickly but it is the opposite in their case while gambling.

Gambling does not look at poor or rich, anyone who enters the gambling arena, of course they have been assessed and considered to have money and are ready to accept the risks they face, What is certain is that the risks faced in gambling vary, rich and poor are not a challenge to the risks that occur.

I understand gambling if we are not ready to take the risk of losing of course, it is best not to force ourselves to do it, gambling is really for those who are able to face all the risks that will occur, Be rich and poor if you are ready to take risks, do it, if you don't back down, if you don't see yourself as poor or rich, take risks.

I don't see any debate here if all gamblers follows a definite rule that guide everyone in gambling which is gamble responsibly and to make sure to always gamble with the money you can afford to lose. Following this basic will not remove anything from you and it doesn't cost you more than the safety, the only guide I think you need after this should be your skills and how to properly make use of your bankroll without taking away with emotions or trying to chase loss.

Whether you are rich gambler or an average person that gambles, if you place money on 1.5 odd, you will get a return of 1.5x provided that your prediction went well, the 1.5x that you get is now on what you put at stake. A responsible person will measure his pocket and put what he can afford to lose. Just because you are looking rich doesn't mean you have to wager all your money and just because you are average doesn't mean you have to risk all your savings to match up with other gamblers, doing that is gambling suicidal that you may not recover.

At first I felt strange about your response, but after I understood it I agreed with you, gambling will not have a bad impact if it is played responsibly, has limits and especially good self-control. Many people experience losses and other bad impacts from gambling because they gamble irresponsibly, they gamble excessively, so many bad impacts occur. someone who becomes rich by gambling is based on having strong luck, so they can get big wins and change their life, but this should not be used as a motivation for us to continue gambling, because if we don't have luck then no matter how often we gamble doing so will not result in victory.

I agree with you, because I myself have been gambling for a long time but only got a big win once. It could be said that in the two years I gambled, I only got a big win once, but when my brother, who didn't know anything, gambled, he immediately won. I grew up in gambling, this makes me believe that gambling is based on luck which will result in victory or defeat. In my opinion, regarding rich and poor people, those who take more risks seem to be rich people, because rich people gamble with bets that are not small, in fact the gambling that dominates is losing, not winning.

Having more money doesn't mean you should risk more money on gambling, having less money equals the same thing, apart from this gambling discussion, in the real world those who progress easily learn to live under their means, just because you can afford something doesn't make it the right thing to do at the time.

Having thrice as much as what you intend to spend money on makes it affordable for you, if you can live under your means you will grow faster and you won't go broke, there will be some money on ground for investment and taking risks e.g gambling, which ever category you belong, it doesn't mean anything, a rich man who worth hundred million dollars will instantly go broke if he use everything to place bet.

The trick of becoming a smart gambler is slowly giving away some money, very little amount till your day turn green in your favour, you don't want to go broke just to get by everyday before your luck arrives.

Have you ever considered how the relationship between taking risks in games and changing luck may vary for players with different financial resources? For example, is there a difference in the way wealthy players and less wealthy players view risk, and how does this affect their gambling strategies? Additionally, do you believe that less well-off players should be more cautious when taking risks in games, or is there a specific way to balance safety and opportunity? These questions raise reflection on how the attitude towards risk in games can reflect not only financial aspects, but also personal and cultural characteristics of players.

It doesn't matter if you are rich or poor, you are only warned to risk only that you can afford to lose, if a dollar is all you can spare then it doesn't matter if you are earning millions of dollars, a dollar is all you can afford to lose.

It's very possible to be so damn lucky as a gambler, but not before you get lucky, do not believe you will, that's why some people get angry that a friend won a lot of money more than them, they have trusted themselves to have the better luck among others.

Gambling is not guaranteed, do not leave behind good things of life for gambling, your work and jobs are more important than gambling, your families are more important than gambling, if you must gamble, do it like a responsible person.

A poor player is far from realizing that he is a poor player. When excitement takes over the mind and destroys the remnants of self-preservation - in this case, the player ceases to soberly assess his financial condition. Gambling equalizes rich and poor - they can lose everything, regardless of the initial amount of money

Both should play it safe, rich gamblers are not a guarantee that they are not going to lose their fortune they have a huge risk because of the money they are holding, compared to poor people who can only lose money that is in their pockets.
Not because you're rich you know how to handle your finances well, there are cases of rich people losing their fortune because of uncontrollable gambling, whether you're a rich or poor gambler you should take all the precautionary measures not to get addicted to gambling.
Every gambler should know how to manage their risk and their bankroll, good management is gambling money that you can afford to lose.

First of all, you have to know first, that what is called gambling, whether playing it safe, whether someone is rich or poor, you have taken a risk after making a deposit, whether the result is losing or winning. so, basically gambling is a very risky entertainment. referring to the point you said, what kind of poor gambler do you mean. I think, in gambling there are always wins and losses. so, it all depends on how we play it. I mean, it's up to you whether you want to continue playing or stop the game, if you feel you've had enough, whether it's winning or losing, you can do whatever you want. however, if you compare rich or poor gamblers, it is clear that there are differences in terms of finances and even the allocated bankroll. If you are a rich gambler, it is very likely that you will not be too burdened, especially if you have healthy finances. on the other hand, if you are an ordinary gambler or say poor. whether we realize it or not, we will be limited by a limited bankroll. I mean, we will not be free when it comes to betting. But in reality, it all depends on the gambler himself. what is certain is that every time we gamble, we take a risk. Regarding which risk to take, it all depends on the individual and the gambler's own limits.

First of all, you cannot change your luck no matter whether you are rich or poor. If you are poor and want to become more wealthy, then gambling is the worst way to do this - nothing depends on you here and the chances that you will be lucky are less than the chances that you will lose your remaining funds.
Regarding the original question, perhaps a rich gambler should take less risks because when you already have wealth, the most important thing is to preserve it.

Yes, I understand that gambling has the possibility to change your fate when you really manage to get good luck with a very large win that can turn poor people into rich or rich people get richer, but what is a fact is that there are no consistent results in gambling that can make their wealth will not last long because the victory will only happen once in a dozen times they do. And on the other hand if you compare who should take risks in gambling between the rich and the poor I think the answer is rich or poor for the problem of taking risks all of that is up to them because only they can measure the amount of risk they have to take by looking first at their financial capabilities.

If they are poor then it is obvious that they will take less risk because it is to balance with their financial strength, and for rich gamblers then maybe the amount of risk they take will definitely be greater than poor gamblers, but in this case everyone's point of view is different, the point is that a small risk taken by a rich person will certainly look large when seen by a poor person and vice versa according to a rich person the amount of small risk taken by a poor person must according to a poor person it is a significant amount. This is a simple distinction that refers to the financial strength of the two individuals, and the main point is that no matter rich or poor they are always advised to take a level of risk that they can afford to take for safety because this is gambling that always involves risk.

The gambling game are help to check your fortune at the particular time.The gamblers have fortune can increase their bank wallet using the gambling game.But the gamblers should use the money after learning the game.The gamblers who not able to handle the loss in the gambling site should start the game with the initial amount of 100$,because the hundred dollars is not the big money.But it was enough for the gamblers to make the money which essential for next five years.



The rich gamblers will keep add their dollars to the gambling site for the next game after the loss.But the poor gamblers may suffer to add the next dollars for the deposit of the next game in the gambling site to recover the old losses in the gambling site.

Your perception of gambling is imbalanced. Gambling doesn't make a rich man poor neither does it make a poor man poorer if it is done responsibly. Gambling irresponsibly is what affects the finances of bettors negatively. I want to also identify another misconception that gambling makes people rich because it shouldn't be seen as a source of income. This doesn't mean that some people are not getting rich through big wins but it is not predictable because luck plays a lot of role in gambling.

Every responsible gambler knows his risk limit and shouldn't gamble above these roadblocks. The answer to your question is that nobody risks higher because everyone should be gambling with only the money that will not affect his finances negatively or funds he can afford to lose.

No one should take more risks in gambling because rich gamblers and not-so-rich gamblers alike will lose a lot of money. That is a result they will get from gambling, so they must be able to prevent the risk from increasing. They also don't need to gamble with much money even though they are rich gamblers to prevent the risk from increasing. No one can afford to see the risks increase, so everyone should gamble just enough while enjoying the gambling game. It will be safer for them, both rich gamblers and gamblers who are not yet rich, because they only enjoy gambling games with enough money and also don't take too big risks. They can limit the use of money for gambling so that the amount they lose can also be limited.

Firstly, you can't rely on gambling for the hope of changing your life. Yes, you gamble because you are hoping to win. You can win small amount but don't expect you'll win such a huge amount of money that could change your life. Although it's possible, it's not something that could easily happen. And not everyone is lucky enough to experience that. Work and strive if you want to change your life for the better and don't rely on gambling to do that for you.
But regardless if you're rich or not, risk varies on how a person can handle it. Even if you are rich, if you don't know how to manage huge risks in gambling then don't. As long as you can put up with your losses and it won't affect your life in case you lose, it won't matter if you're rich or not.

Either rich or poor gamblers should gamble based on their bankroll and have a limit. Anyone can take a risk, and if the risk is too much and not properly managed, he or she can go bankrupt.
 
Both the rich and the poor can take risks, and their risks can either lead them to win big or make them lose the game entirely.

If they are still taking the risk, on average of their budget, both can go back to the game and gambling will still take place, but if the rich or poor take unnecessary risks, they can go back to scratch.

There is no law that states that the risk can't lose it all or gambling losses only affect the poor.

None of them should, they should not risk their money, to get more money, gambling is not a cash cow and it's risky for both of them, they could end up penniless because rich or poor people there's an inherent risk, people should have a limit on how they gamble and the risk they are going to take depends on their capacity and capability.

Rich people may have all the money but it only takes a few nights to lose everything, same with the poor people, we should not play more than we can afford to lose an we should not use the word risk as part of our gambling activity rather its better to use the word enjoy whenever we are playing.
Our motivation should be on enjoyment and not on risking money just to gain money, the former is safer than the latter.