Post
Topic
Board Gambling discussion
Re: Why the rich win gambling more than the poor.
by
junder
on 17/12/2023, 07:40:08 UTC
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.

It's also the case with rich gamblers who put up a high amount of network they tend not to hesitate to gamble even with a higher amount of bets, because they feel they have a lot of spare money that can still be played in gambling and they will not hesitate to gamble with high amounts, because they think the bigger the amount of bets the more exciting the sensation is and the possibility of winning is also easy to get, but all of that is also inseparable from luck.

In contrast to poor gamblers, who gamble carefully because the main goal is to aim for a profitable win, and gamblers like this tend to worry about the money they bet because they are afraid of running out  of money they have, and gamblers like this are more likely to get addicted to gambling. but as you said, gambling results cannot be predicted exactly, so anyone can be lucky in gambling, if they are lucky then they will win.
The mentality of rich and poor gamblers differs intriguingly. High stakes thrill rich gamblers, who indulge in excess money. Their gambling is for fun, not necessity. This mindset hides a basic mistake: associating bigger stakes with greater pleasure. They overlook the addicting nature of chasing bigger wins, a risky path where luck, not skill, determined results.

Poor gamblers gamble out of desperation, not fun. Fear of losing what they have drives their cautious bets. Ironically, fear may increase addiction. They play for survival, not thrills. While preventing irresponsible spending, their cautious approach intensifies their addiction as they chase elusive wins to enhance their finances.

Both perspectives highlight the misperception that gambling may lead to financial success. Luck and chance drive the story, but the house always wins. This tale of huge sums and smart bets is about wrong priorities and odds. The house always wins in gambling, whether rich or poor.

It's true, the mentality that rich and poor gamblers have is different. rich gamblers tend to have a strong mentality so they don't hesitate with the amount of bets they play, because they feel they have a lot of money so they won't hesitate with actions that are at great risk. and poor gamblers  tend to have a bad mentality, they tend to be afraid and anxious about losing their money because they gamble with the aim of doubling the money they have so that they can increase it, but this makes them gamble tensely, because they don't want to lose the money they bet.

Although there are opportunities to get a profitable win that can also make them financially good, of course, there are also  opportunities for losses that they will feel financially. and it is true that the host will always win, even if they win, it may only be a small win that is also unethical or not enough for them to spend. if they want to improve their finances I think they should work instead of gambling, although for the reason of trying their luck it is not recommended. it is better to gamble with entertainment purposes only.