Topic: Why the rich win gambling more than the poor. - page 15. (Read 3724 times)

True, gambling is only recommended for those who have full responsibility for everything that will happen to the money they bring, especially losing, the ability to accept risk is a trait that must be possessed by gamblers who can also be called responsible gamblers, understanding how to play, knowing the concept of gambling and also knowing or understanding how luck works is something that gamblers must have before they finally get involved. Because it is clear that in gambling there are so many things that look tempting that things like that can really affect the mindset of gamblers, which in the end if they are influenced, they will usually get lost and end up with addiction.

Of course from most gamblers it is clear as you said that casinos prefer rich people because they have more power in terms of allocating money to bet compared to poor people who only bring a small amount of funds, but in terms of service and game probabilities I think everything is the same whether you are rich or miskins.

Yes, both poor and rich folks have the same odds and the difference is the disposable income of the rich but the rich always get the best benefit ^{(either in cash or in fee game)}from the casino base their high-roller. This reminds me of how I was able to win 1000x on a casino through their free spin slot game.

Gambling is not for all. It's for only the people who understand how to play, the rules and regulations of the game.
Every individual who doesn't understand the rules and regulations of gambling has already lost the game before he/she plays.
Having said that, despite the busy level of the rich, their enthusiasm level for gambling is what will determine how they find time to gamble and the rich are always more favorable by casinos than the poor due to the casino loyalty program which is always based on each players bet history fund.

Rich people better make money from their businesses and not from gambling because it will not be easy even for those rich people. They only use a certain amount of money to gamble without expecting to win, but if they win, they win a lot because the betting money is also large. But on the other hand, if they lose, they will lose a lot of money. Rich people can gamble with a lot of money and maybe longer than most gamblers, but they realize that gambling is just entertainment, so they don't gamble for too long. They prefer to work from their business to make money because it has been proven that they can make much money. Rich people also don't take too big a risk in gambling. If they have had enough of gambling, they will immediately stop gambling, rest for a while, and then go home.

Rich people's goal in gambling is to have fun and entertainment, so they don't think about winning and losing. They can accept the results and leave immediately after finishing gambling, but that is not what happens to poor people because poor people will continue to try to gamble because they still hope to win in the next round. This is what makes many people fall into gambling, and it is difficult to get out of gambling because their mindset does not change even after suffering a lot of losses. We shouldn't be like that and avoid it because we have little money to gamble. There are indeed people who can get rich from gambling, but it's not many, so we don't need to think about it too seriously.

That's where we must be wise in gambling and not gamble too often. We cannot equate ourselves with rich people with much money to gamble. That's why we must limit ourselves to gambling so we don't lose much.

It seems that what you mean is that the large amount of money that rich people have has absolutely no effect on winning in gambling, or it means that it does not have a big chance to get closer to luck. Hmm yes maybe that makes a little sense with the calm situation that the rich have it is possible to make them a wise gambler in their involvement because losing is not a big deal for people who already have a lot of money so maybe it creates a pretty good luck.

As we know that gambling always involves feelings and emotions that are within and when you experience bad things there and then you can't accept it then obviously things out of control are very likely for you to do because of the inability to accept reality which of course makes you do more trials and indirectly defeat increasingly dominate because luck will not always come according to what you want and that behavior is usually done by poor people who on average come to earn. I admit that calmness is quite influential, but in my opinion it is more of a precautionary measure and not necessarily an effect on increasing the chances of winning, doesn't it make sense? because obviously for the problem of winning no matter how calm your situation is, it all depends on how lucky you are at that time.

That's the difference between rich people and poor people, rich people don't really think about the risk of losing even if they bet large amounts because their goal is to seek pleasure and even if they win they don't care and will continue to use their money to gamble again and again, and for poor people they thinking too much about the risk of losing because what is in their mind is that if they lose then they can't continue the game and their hopes of winning have been dashed. Poor people definitely share their money so that tomorrow they can gamble again so they don't just finish one session because sometimes if it's today If you haven't had any luck, maybe you'll be lucky the next day. But luck still cannot be used as a benchmark that gambling can turn poor people into rich people in an instant.

We should not be jealous even though rich people win bigger bets because basically they spend a lot of money to gamble, even if they can win it is no more than the losses they have incurred so we have to be able to accept whatever our conditions are because the most important thing is that we can enjoy gambling happily.

I believe rich winning more is not only about budget. Budget may influence amount of money you are winning through gambling but it will not increase how many games you are winning. In my opinion rich has very relaxed and also wise take on money so they are open to different schemes with their money. Poor people mostly worry about money they lose so gambling can be very scary for them. Rich people know it lot better in summary. Rich mindset should definitely be understood.

No one can predict who will win in gambling. But rich people gamble more and sometimes they win and sometimes they lose.  Gambling has to lose all the money sometimes. There is a lot of difference between rich people and poor people in gambling like a rich person will dare to take big risk. A poor person will think many times to take big risk.

Most people forget if it was just a number, in gambling win is temporary while lose is forever. I mean if you gamble for 10 days, you win for 3 days, but you lose for 7 days, so in the end you're in lose.

When the high roller post their winnings, the amount is really big and it could change someone else life, unfortunately for the high roller, such amount might just a peanut or an amount that they afford to lose.

If quantity is used definitely the rich people can likely gain in profit in gambling than the poor and they will also likely suffer loss the most. But if comparing this, I think percentage supposed to be used. Let us say a rich man gamble with $100000 but an average gamble with $1000 in a year. The rich man won $40000 but lost $120000. The net won is just $20000 but with $80000 loss. What if the poor lost the whole $1000 and won $100 making it $900 loss. Who lost the most? We can say the rich man won and lost in gambling than the the poor. But I think the rich people make gambling sites richer is more appropriate words to use.

It is a common thing that rich people gamble more and because they have enough money, they continue to gamble for a long time, so their win and loss are more. The more you gamble the more you win and the more you lose. And rich people have a great desire to own a lot of money and they are not afraid of loss. As the saying goes no risk no gain. So the more risk you take, the higher your win will be. And the rich have the ability to take that risk so they win more than the poor

There is no doubt that rich people can win a lot of money if they gamble because they can place big bets. Meanwhile, poor people who only place small bets will not be able to win as much money as rich people. We should not be jealous of rich people who can win a lot of money because that is the difference between us and them. The important thing is that we don't take gambling too seriously and just as entertainment so that we don't experience big losses. We must be wise in approaching gambling so we can gamble comfortably even if we can't win today. There are still many other days for us to gamble, and we might also win. And as long as we can limit ourselves to gambling, we will be fine.

Rich people wins big amount of money if they put their big bet and win.  But they don't mind if they will win or not cause all they want is to have fun in gambling they don't take gambling seriously aiming for profits. And yes we can not deny the fact that Rich people will win big amounts but we must also remember that they will loss bigger amounts too. While poor gambler all they want is to win in order to put again their bet .

Rich people are more addicted to gambling because they always have a lot of money. Poor people don't gamble most of the time because they don't have money. But poor people lose more money when they gamble because they gamble with less money.  goes for. When they lose money, they have to stop gambling because they don't have the money to recover that money. Rich people gamble with a lot of money and if they lose during gambling, they have a lot of money to recover that money.  Because rich people don't lose much in gambling.

I think the problem is in the financial power that rich people have a lot of money so they have the freedom to gamble whenever they want and are not hindered by financial factors especially as you said when the situation finally loses and it's not a big deal for them. So maybe the difference is in terms of opportunities where the rich have more opportunities than the poor and that's the reason why the rich win more often because they try more often than the poor. And of course for the problem of addiction, obviously rich people or poor people, basically anyone who gambles excessively or means very often involved in this activity then addiction will be closer to them.

People who are rich have better end positions due to which they can afford to lose. So they don't hesitate to continue gambling. And for this reason, rich people gamble more than poor people. And they can often win good things from gambling when they gamble. And that's why they get more excited to gamble. I think this is the main reason why rich people are more addicted to gambling than poor people.

and rich gamblers also bet more which allows them to play the game longer. Of course, they spin to get one of their lucky breaks.
Even though I'm sure, whether you play with big or small bets, if you're not lucky then you won't win.
the situation may be different for gamblers with small capital. their bets are small and when the capital runs out in a short time, they will not have time to see luck. although some bet in several rounds and managed to win. Once again, the gambler's luck is the main factor.

Rich people don't care too much about their money and don't treat gambling as their source of income, they play well because they aren't carried away too much when they lose because they have the money, and most of them too make a lot of buy of speed bonus headstarts so they can have the chance to get more profit with this multipliers and risk takes moves. But the other side poor gamblers have a small amount or limited amount only they would like to hope and take risks that they can take a good profit on those small amounts reason why instead they having a lot of opportunities they lose more, which makes their emotions affected reason to make a rough decision of revenge game. Playing gambling is not always a solution to money.

I agree with you, gambling can be done by anyone who has time and money, rich people or poor people can do it if they have enough money to place bets, and in my opinion what makes the difference here is the amount of money each person has. is different, where rich people can gamble without hesitation and they tend to place bigger bets also with those who are not afraid of losing their money when gambling making them more confident when gambling. and rich people can gamble more because they likely have a lot of money and don't have financial problems.
Meanwhile, in my opinion, poor people clearly have financial problems, but many poor people gamble, their goal is to win, while winning itself is difficult to get, because the chance of winning in gambling is very slim, while the chance of losing in gambling. it is big and this cannot be avoided or hidden, also with their aim of multiplying their money to make it bigger, they themselves are afraid of losing the money they bet in gambling, and this makes them less confident when gambling.

Gambling is for all, just as you've said already, this is not what the rich only have the right to enjoy doing because they have the money to use for it, base on my own understanding, i think the average people gambles most because they have the time and money to use for gambling, we may class the rich as people who sone of them don't even have time for gambling just the way other people do, we all have equal chances for winning when we are gambling and none is more favourable than the other between the poor gamblers and the rich ones, everyone is doing the same, what makes the difference is in what we know and how we have the understanding in what we do while gambling.

You are absolutely correct, oftentimes rich people or even the poor only tell their winnings not their losses. In the case that the rich wins more than the poor, there is some truth to it because they have the capital to chase their losses but if not careful enough, they might end up broke if their losing streak continues. Rich wins more but loses big while poor only loses what he has on his hands.