Post
Topic
Board Gambling discussion
Re: Why the rich win gambling more than the poor.
by
Fortify
on 09/06/2024, 19:38:42 UTC
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.

The only way that the rich win more than others, is if they have special VIP type perks on their accounts - they have bigger access to thinks like cashback and promotions, which if used wisely could up their return rate on money played. Realistically though, they are losing larger amounts so it's not necessarily a benefit for them to even have these perks. They might get other things, like special trips or upgrades to rooms if they are connected to a casino that has a physical presence. People with less money may be more willing to take risks, but the outcomes are outside of their control anyway. In a game of poker everyone at the table will have the same chance of winning and the buy in price becomes irrelevant.