Topic: Why the rich win gambling more than the poor. - page 17. (Read 3724 times)

There is only one logical reason for all of this, which is that the rich person has an open budget allocated to gambling, and therefore he can bet on many options, which will automatically increase his chances of winning. Also, a wealthy person can place high bets, and perhaps more risky as well, and the profit value will be very high.

The poor are exactly the opposite, as they always have a limited gambling budget, which is often deducted from their basic budget, and therefore the options will be few, the betting attempts will be few, and therefore the profit margin will be less.

It should be noted that the category of wealthy people in gambling is much lower than the percentage of ordinary people whose gambling abilities are limited due to a weak budget.

The truth of the matter is that there is that no everybody can not be like one person, and you know why? Because we are not the same and all fingers are not equal.
However, it is not only on gambling that some pea are progressing and some people are not, there are other things too, like both investment, business and still gamble,,,,, many people can not win and also many people can not lose, so even if the poor is losing the rice too are losing.
However, I don't think that gambling is another way of escaping poverty because it's not guaranteed of one success, yes it is not because one m8 have to wager high and still not even sure if he or she will win big money.

The gambler who seen the big win of any of his family members or relatives or his colleagues,he will ask their money come way.After their words about the gambling site,the person will become the gambler by his first bet in the gambling site.But many gamblers was doing their first bet with the random bet in the game where his friends made the money.He will forget about the fact his friends had made the big win after the many game experience and the loss of huge money in the gambling site.He also may loss huge by learning the game.


If the person was born in the poor family,he will try to get away from the gambling.So that person will do many business using their holding money,gambling is the one of the way to be used by him to become the rich person with less amount of hard work.

Well, but it's not that it's the only way, it's a way to get out of temporary poverty, because what you're going to earn is not just a whole year or something like that, what you're going to earn is something temporary enough to make it through a day or so. Yes, a week or a month is a lot, but betting a lot on a person who has low resources is not viable because they can lose everything in an instant, it is not good to do it because basically when they put themselves at their disposal to do something, a lot of strength is needed to do it. resisting big losses is something that cannot be done, of course, if the person begins to think that he is the only one who has to do what I recommend that before playing I have only the money I am willing to lose, because if he has only a little , I would tell him no, that later, he should rather see the game as entertainment and not as something to risk, because it is likely that he will lose everything, and even more so, if before he didn't have anything less to do with it.

I would say that when things are more focused on other things, for example looking for a temporary Job where you earn money , not much, but you do earn it , it is better because going to a casino to risk money without having any kind of control or conscience for your situation, a person who is like this has to seek to make money in a safe way, not in this way that is so severely dangerous, it is something that does not make sense to me, however there are some who do it and have been Lucky , but the truth is You have to do something like that, it is the worst thing that can occur to you, since you need your money, and if you are a Person who is the head of the family, you would become the most irresponsible person in the world, because you are capable of leaving your Family without food , children, and that is something that should not be allowed to be done , I think that a person like this should think and Reflect that first things come First , and his family should be the only option so that everything can be guaranteed and everything can be Guaranteed , there is no other option, Because if not , so that you could have a family if you can't.

That's true because they see some people can make money from gambling and want to get it too so they think they can make money like those people. There are indeed people who can make money from gambling, but there are not as many people as there are people who lose from gambling. They know that they have to be careful when playing gambling and must be really strict in using their money to gamble. We cannot compare ourselves with rich people in gambling because the amount of money is very different and they can gamble using more money than us. We can only gamble in moderation because if we don't, we will lose a lot of money, which we will regret.

The problem is that for many people, gambling is one of the only opportunities to escape poverty. Yes, only a few people succeed, and not everywhere has a real chance of success, but it's opportunities like this that inspire people. And the rich always have a chance to become poor because of uncontrolled spending.

Bankroll management is definitely a big factor when comes to winning because the casino definitely don't know the difference between the poor and the rich and so when you place your stake they definitely are not able to different between the poor and the rich staking on their platforms so like you did said it's not about been poor or rich.

With bigger bankroll you can win big in few picks but you will have to make multiple picks to get big win when you gambling on a small bank roll. The rich who has got a big bankroll jus stake once or twice and wins big thereby reducing their risk since they didn't have to try with multiple chance but those who have smaller bankroll increase their risk by trying multiple chances of which when one goes against them, they lose almost all their funds because it was little and the wanted to win big by going all with their bankroll.
 

If they don't pay attention to their lives and only care about gambling because they want to chase more wins, they will only experience greater disappointment because they will probably experience greater losses. They have wasted their money even though if they used the money to meet their daily needs, they would not lack anything. But because they saw that several people could win, they were interested and wanted to try it. That is why we may still often see many people who experience losses from gambling and cannot control themselves while gambling until their money runs out.

In fact, with self-control, we will not become curious and want to recover from our loss because we will always remember that recovering from our loss can cause us to experience more losses. Rich people can gamble whenever they want because they have a lot of money so they can use it for gambling and also for other things. They will not experience any problems except the problem of gambling addiction, which all gamblers will still experience. Rich people have more sources of income than most people, so that is what allows them to have more money than other people.

Yes, poor people generally think that there is no possibility of getting rich with the income they earn. But there are many of them who try their best to become rich. But they chose their way to gambling. In the beginning, their journey starts with wrong ideas. Once they lose they try again. After repeated attempts like this, when they run out of money, they become helpless. But rich people are able to make better decisions. They avoid the temptation to get more money quickly. As a result, their mistakes are reduced. A rich man can take risks repeatedly but a poor man cannot. Due to which the opportunities and possibilities of the rich are comparatively more than the poor.

And playing in a more relaxed way has better chances of winning. They can think and strategize better compared to those who have small budgets, especially the poor who might even get nervous of losing their bet.

But sometimes people are quick to judge why the rich are spending thousands to millions of dollars in betting. They didn't even consider that those amounts could be minimal and the rich version of money they can afford to lose. Most of these rich bettors are financially successful which is why they are rich. And people that are good in the financial aspect have good self-discipline so they mostly know and are mature enough when they need to stop.

Luck is something that  cant be influenced no matter what financial status you do have as a person on which it is true whether rich or poor, those chances would really be just that the same.
This is why it would really be that important that you should really be that having that realization that we should really be that careful when it comes to spending money specially on gambling
because chances would really be that totally random and if you wont really be that careful when it comes to spending then most likely you would really be ending up yourself on getting
wrecked with gambling due to bad and impulsive decisions which you should really be avoiding it on the first place.

Yes, it's true that wealth doesn't guarantee that you will continue to win and get good luck, gambling doesn't look at rich and poor because whoever is lucky is the winner, so don't always think that to win you have to be rich, even though that's not what is actually meant is the mindset of rich people sometimes They don't play with caution, they play with courage so that when they win a big bet, it is already a big win for them.

In contrast to poor people, most people think too much and analyze too much strategy so they end up losing, because that's not really necessary because luck determines who will win, it doesn't matter whether rich or poor, that's how gambling actually works and I'm sure everyone also thinks so. what I think is the same as them. 

it all depends on how fair the casino he visits is.
as long as I'm at my favorite casino that I'm currently promoting, I think it's one of the fair casinos because it not only treats whale gamblers special but for regular gamblers like me who are often given bonuses when they qualify and sometimes also give bonuses without doing anything and sometimes I was confused about getting a bonus without making a bet and already 2 times I got a bonus of around $35-$50 and for me this is a big amount for a regular gambler like me and this is very fair.

back to the main topic.
It's true that rich people are always given the best facilities from the poor, but this is a reasonable action because the gambling business requires a lot of money to develop its casinos and rich gamblers are already providing monetary support through their bets, so it makes sense that rich gamblers always get very special facilities, but still of course, in terms of luck to win, rich gamblers and poor gamblers both have the right to win big and luck doesn't just favor the rich.

For us to risk that much money and experience defeat, it would obviously be very detrimental and of course it would be shame if we had to use that much money just to gamble.
But those rich people have much more money and of course the amount of money that has been bet is not an amount that is considered large because this amount is only small amount of the money that they have.
They bet with longer sessions that they will definitely win but they don't care about that because they really enjoy doing it.
Jackpot wins or maxwins are what rich people look forward to the most, so no matter how much they end up and how much they win, they won't care.
And there is positive side that I salute rich people, namely that they can really manage their money very well because they gamble with money that they can actually receive when they lose it, even though they might get it back again tomorrow.

You are right that there are no poor people and rich people when it comes to luck because luck always comes unexpectedly, even luck always comes without realizing it.
Even if we only bet small amount of money and we have good luck, we can still get big wins and what makes the difference is the amount of winnings because the biggest winning small bets are not that big.

Rich people have a lot of money for initial capital to gamble, or you could say it's just a moment's entertainment, not only that, they also definitely understand how to win. Their way of playing is relaxed and they don't rush into thinking about making decisions when gambling. When compared to people who don't have a lot of money, they tend to have minimal capital or you could say reckless capital, to gamble and only rely on luck to win at gambling. Therefore, their mindset is very different when it comes to gambling. Maybe this is my response to what you are thinking here.

The simplest answer is the difference in bankroll, it doesn't matter if you're rich or poor when you talk about bankroll management. There are rich people who will spend all their money, sell their car or whatever they have to keep on gambling, this is also the same case as for those who are poor. Just look at it this way, if you'll compare the bankroll and winning of rich and poor people, a rich gambler can win $1000 or more in 1 bet vs. a poor gambler who will gamble and depend on luck playing the whole day just to win $100 because of their limited bankroll. No matter how lucky you are, it all boils down on your bankroll.

you are just confused because mostly the Big winners are being broadcasted and those small rollers are left behind but trust me , the ratio of being a winner is mostly happens in the poor but since they only bet smaller then they are seeking for more wins ending them a loser in the end, but those thousand dollars or even million dollars bettors? they just need a 1 or 2 hits wins and they are already good.
that is how gambling works for poor and rich , so the winning streak needs more from the poorer while the richer needs only few .

I think the OP mostly implies the scenario to those gamblers who are rich, whom has many funds at their disposal to use in gambling, and at the same time, responsible enough to know when to continue and when to stop. Winning big profits doesn't just become possible by merely being rich. You have to be strategic and knowledgeable as well so that you can take advantage of having big money allotment while not neglecting the possibility that you could be addicted if you go beyond your capabilities.

It's doesn't necessarily mean that if you are rich, then you'll also profit big automatically. No, it don't work like that. You also need to do your part such as digesting the information relevant to what you are interested in, for instance in sportsbetting, so you can enjoy winning and the rewards as well.

I understood OP in this way:
poor people or people who doesn't meet their daily requirements are more like play to win money, their intention is totally to win from casino, which causes them to take wrong decisions and they be greedy and bet more and more without managing their capital, they risk money which is very important for them they cannot able to handle the losses.
first rich people are knowledgeable, and they have money which is not very important to them, like too much extra money after completing their needs. so they less likely to chase losses.

I just read this and then re-read it, I don't understand the consensus made by the OP to get the result "rich gamblers get more profits than poor gamblers", if only in the situation of capital used in each gambling session, then why is there so much Many rich people have fallen into poverty as a result of gambling, I think additional strong arguments are needed in this claim, because the facts in the field of claim do not have an exact correlation.

I want to know what kind of approach was taken to conclude that the statement could be justified.