Post
Topic
Board Gambling discussion
Re: Why the rich win gambling more than the poor.
by
Rabata
on 16/12/2023, 05:44:22 UTC
What I think is that in gambling platform both rich and poor people have a chance to win here luck is needed as well as the rich have money. The rich can easily place large bets but the poor cannot succeed in life the poor have to experience the ups and downs. They are afraid to pour more money into the gambling platform. Compared to the rich they are much safer and do not lack money. The rich get a lot of money once they win a bet and understand the betting strategies.

The rich also experience the ups and downs when it comes to gambling. They too do experience defeats and losses on their bets but most times, they wouldn’t be affected by the loss.
They’re rightly concerned about putting money from the meagre amount earned into gambling when they’re more likely to lose that money. Better to utilize it on something better.
The rich don’t have that financial restriction as they’ve got enough money to bet consistently or to stake a bet with high amount periodically.
Not all rich gamblers will have the same opportunities. Many poor gamblers have also become rich through gambling. But rich gamblers have some positive environment in gambling such as a rich gambler has the ability to place high bets but poor gamblers do not have. There are many gamblers who are unable to take proper risk in betting due to lack of money. Even if a rich gambler loses a bet repeatedly, he is able to bet again later on, so his chances of winning are higher. Moreover, a rich gambler can take advantage of the VIP services, but it is relatively difficult for a poor gambler to take advantage of that. Moreover, rich gamblers can learn information and strategy relatively easily, but a poor gambler does not. But since gambling results are unpredictable, anyone can be successful in gambling. However, the advantage is more for rich gamblers.