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.
It is true the house has an edge over the gambler be you rich or poor gambler but the bone of contention here is about who among this two categories of gambler's wins the most when it comes to winning in gambling.
In this there are two things to consider mainly if it's in sports betting, which are: Skills and Risk.
Skills: in this aspect it doesn't matter if you are rich or poor which should determine how much you are using to gamble, what actually matters is how skilled you are in knowledge about that sport you're gambling on. You can bet with big or small money and continue to lose it if you have no skill to know how or what to bet on. So the poor can be winning more than the rich based on this skillfulness on this angle Vis-a-vis.
Risk: It is on this other aspect where risk is involved that the rich can be said to have a good chance of reducing his losses as he goes for smaller odds with less risk then increases his wager which also increases his winning amount. While the poor/average gambler has to accumulate games to have his odds increased in order that his winning amount may also be high too since he's using a small wager to gamble. And this in turn increases his risk of losing.
From the two categories as I have expatiate above if am to be sincere I'll say the poor makes more losses than the rich because the rich can also have the skill/knowledge about his particular sport he's gambling on and at same time reduce his risk by increasing his wager with smaller odds, but the poor can have the skill but won't be able to have the financial strength to increase his wager which is a handicap for him compared to the rich gambler.