Quote from: Crypt0Gore on Today at 07:53:52 AM

Quote from: Haunebu on Today at 06:16:28 AM

Quote from: drwoo on Today at 12:46:53 AM

We don't know his bankroll and maybe he doesn't even bother because he has billions, but if it was a substantial amount for that person, would it ever make sense to place a bet of that size at all? Saying that this person wanted to play it safe would only apply if that amount of $1.4 million is within his perfect bankroll management range. Otherwise, if someone is seeking the kick in putting up $1.4 million for the chance of winning $11,200, I would think that there is some loss of control at play because nobody would care about winning $11,200 in exchange for risking over a million.

Observed so many people in this thread thinking that this gambler might not have cared much about this loss because he could have been a whale, but I completely disagree since it's still a lot of money for them too at the end of the day.

Rich people are usually more greedy when compared to poor people. Whether this gambler was a whale or not, this loss most probably affected him/her in a big way.

If you can consider rich people to be greedy how the heck did they end up becoming rich? I do not believe that rich people are greedy because they know how to put their money at work, they are the most patience in the whole world, they invest and easily expect results after several years later, poor people can't do this, to me the poor are the most greedy because they can't let go, they find it hard to invest money, they find it hard to take risks.

There are still rich people that are greedy but at the same time smart, greedy in the way that they can still earn huge money, but with the poor, they can't be greedy because they don't have enough money to chase things, but if you say they will borrow money, that is another term as they are addicted to it. Back to the topic, it is impossible for someone who doesn't get affected by the loss, even if you are rich, because you take good care of your money, which is why you get rich. That is still a huge amount, if we are saying thousands, unless he is a spoiled brat.