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.
That's the main advantage the rich has. They can continue to try out their luck in different games but they poor cannot. Simply because the poor are restricted to a certain amount of money. They can't spend as they please. On the other hand the rich has abundant amount of money. So even if they loses 100 bets, it won't be enough to affect them that much. They can just move to another game if they feels like it.
Money management and greediness is one of the main problem of the poor. A poor man can accumulate 20 games to win $1000 with $1. They keep picking games from different league without proper studying of those league. Poor people see football betting as a gambling but the rich sees it as a business. They may stick to just few leagues they know we'll about and only pick few game with above 60% assurance of winning.