Quote from: FinneysTrueVision on Today at 04:50:00 AM

Quote from: AbuBhakar on November 24, 2023, 03:55:34 PM

Quote from: adultcrypto on November 24, 2023, 03:51:56 PM

I have observed that the rich, I mean those who are financially comfortable, win more in gambling than the poor. By poor, I mean those who do not have enough to meet all their needs. I don't know the reason for this. Could it be that the rich understand financial management more? Or could it be that the rich are less desperate to win which make them make better gambling decision? I really want to know the reason for this pattern I have observed.

Because of the difference on bankroll. Rich people have a huge bankroll that gives them freedom to increase bet or play more until they win huge amount while poor has only limited bankroll which they will stop immediately once they lose enough.

Bankroll is part of the reason but also the media makes a big deal when a celebrity influencer wins a lot of money. We don't hear much about a whale going bust and losing millions in one night. This causes us to perceive that rich people are just winning all the time when in reality they are also the biggest losers. Having greater wealth can have certain benefits when gambling but you can also incur higher risk so it ends up balancing out where statistically the average rich person will have a similar losing percentage as someone who is poor.

Money is the main to gambling, no one can ever bet if there is no money. Even if the rich have a lot of money it does not have the impact on them. Next time they bet on a lot of money then they won if luck was better. But if the poor lose money they will be at risk so they are not at risk. It is correct that if the rich person cannot balance, it will not take time to finish even if there is a wealth of wealth. Once gambling become addiction the greed of gambling can quickly become a compulsion that is difficult to control.