But from the application that occurs sometimes we also see a lot of poor people even risking all the money they have even though it is relatively low when compared to those who are rich but still it is still very large for those who are poor because it risks all their money quite boldly.
In fact, there are not a few poor people who do that so when talking about the actual risk it is actually greater for those who are poor than rich.
Because for the rich those who do lose money in a slightly larger amount they must know that they still have a remainder that cannot be calculated when losing a large amount in gambling but it will be different if it is a poor person so in this case it is actually important to look from another aspect not only depending on the amount of bets shown but in terms of risk management that is owned.
For a poor player, the critical threshold is very low after which he turns from a poor person into a beggar who has nothing to eat, and this problem will haunt him every day. After such a bottom, he needs with great difficulty to get out to the previous level of the social hierarchy at which he was before. But this may not happen because it is extremely difficult to do, this is one of the reasons why we see a lot of homeless people and some of them do not want to try to make a leap upward.
Rich players are very far from such a critical social boundary, the only thing that can bring him to this point is too much betting on a constant basis, which can ultimately lead to poor states like the example above, but this happens much less often than with poor players .
If we talk about poor people who have the wrong approach to their gambling involvement or simply if the poor person has entered the addiction cycle then yes of course in the end as you said that they will be at the lowest point in their life where they lose everything which makes them very down and may end up becoming a street beggar who is concerned, And I'm sure in the beginning their main goal of getting involved in gambling was that they wanted to change their lives and they thought that gambling could solve the financial problems they were facing or simply they thought that gambling was a quick way to get rich instantly when in fact it would only make things worse.
Unlike the rich where obviously they have a better financial situation, but if we are talking about addiction or if the rich have the wrong approach to gambling like the poor do then I think the difference is just a matter of time which means that the poor will be faster to enter a critical period in their life due to chronic addiction while the rich may be slower to reach a slump until they lose everything they have because they have a better financial level.