I have observed that the rich, I mean those who are financially comfortable, win more in gambling than the poor. By poor, I mean those who do not have enough to meet all their needs. I don't know the reason for this. Could it be that the rich understand financial management more? Or could it be that the rich are less desperate to win which make them make better gambling decision? I really want to know the reason for this pattern I have observed.
Aside from luck, the rich have a greater staking power than the poor, the poor will want to win big with little staking power with a bigger odd which makes the gambling more risky but the rich will pick a small odd and stake a huge amount. In the end, luck also plays a better chance.
You say it all "luck also play a better chance" this is the fact, is no that rich does lose just that we poor people don't get access to them to know whether they are losing or gaining and again because they are rich and also make use of the sense than a poor person, they play with caution and Stake carefully to avoid making a big loss, and the all of it is that they don't make money through gambling rather they first of all have their own business which is the source of their wealth.
Between rich and poor their is huge differences in times of making money and also spending, rich person can be a businessman while Poor men can be a normal hustler that hardly get something to it, so when the come to stake they put little they have to get huge amounts in return which sometimes not possible and that is how the continue to lose and again the stake everything they have that why people noticed them that they lost their game because the lost everything and have nothing to show again.
The wealth disparity alters the playing field. Not only money, but resources, knowledge, and opportunities. In gambling, wealthier people can lose more. Risks would bankrupt someone with less wealth. Because they have more to lose, they may be more careful. Do not be fooled - they lose too. However, their losses are less obvious than those of a last-dollar gambler.
No matter your income, gaming isnt a reliable way to make money. Entertainment, a chance game. Home advantage and odds are always against you. Avoid luck and comparisons by focusing on what you can control. Develop your abilities, study, and work hard to succeed. This leads to prosperity and financial security. Remember that everyone starts differently. But everyone can attain their dreams with the appropriate mindset and approach. Maybe hard, but achievable. Dont believe others.