I've read on some articles that rich people do gamble but only a few people could match their bets so only a few of them play.
In my experience I only play when I feel like I can double my extra money. I always set limits and only play when I have extra since I can't afford to lose everything, best to play it safe.
You only play when you feel you can double your money, and does that plan work for you all the time? If yes, then you must have a good betting strategy that's working for you, although our bets don't work all the time. Few games do disappoint us some times.
Most rich people that I know always make a mouth protection and some of them never even have the time to fund their account and place those bets and see, how accurate their predictions is. Why some of them gamble most of the time? Anytime they feel like spending more, they use gambling as a means of spending. If the money goes, that's it. And if they are also lucky enough to win some extra cash, that's also good for them. All rich people out there have their different way of reason and how they respond to gambling activity