I do not like thread that are long already. I prefer threads that is not more than 1 page long. I went through a long thread this time, some people are quoting me on the thread about who loses more to gambling and I read some replies only to find out that most people are saying rich people are likely to make money than poor people in gambling.
This is the thread
Why the rich win gambling more than the poor. Is this not contradictory? I am not rich and I gamble and lose more. The same story by many rich people. People said you can not win the house. If more people are registered on a casino or a bookie site, the owner of the site will be happy. Because they know they will have more workers and be able to pay them as they will earn more. If you deposit huge amount, the more the happiness because the house would win at last. This is not about rich or poor. And this only shows more that the rich are likely to lose more.
So why are people contacting themselves. They will say the house would win because of house edge. Now they are also saying the rich would win than the poor. Is it not the others way around that the more the rich spend on gambling, the more the money the rich will eventually lose.
This is a question that is not easy to answer, because the main point is that poor people play a lot in casinos and other gambling services. There are few rich people, but they spend a lot in casinos. Still, I think that the poor lose much more in casinos because they have an incentive - the desire to get rich.
After all, money solves all problems. This means that poor people will go to the casino over and over again and leave their money there. But the rich do not need to want even more wealth - gambling is entertainment for them. And even after losing a large sum, they can resign themselves and calmly leave the casino and not return for many months.