Post
Topic
Board Gambling discussion
Re: Rich or poor gambler, who should risk more?
by
danherbias07
on 02/08/2024, 01:23:12 UTC
Actually gambling is for fun. In gambling you either win or lose, so don't risk gambling. Now if a poor man bets excessively on gambling, he may be left destitute if he loses. On the other hand, if a rich person bets on gambling, he may lose the bet and become poor. However, if you are lucky and win a lot of money in gambling, now greed will work in you, you will want to gamble again and you may become addicted to gambling. Now if you have enough income then you gamble for fun but don't take excessive risk in gambling.
Whether rich or poor, their risk will depend on the size of the bet. If a poor gambler bets a very small amount, the poor gambler's risk if he loses the bet will be small. In case of rich gambler, if the amount of bet is very high, i.e. a large amount of dollars is bet, and if he loses, then it will not take long for him to go bankrupt. So every gambler, rich or poor, has risks. If both gamblers are defeated then there is a difference in difficulty to manage money in every gambling case. Rich gamblers can easily manage money from poor gamblers so that rich gamblers are usually more than poor gamblers for betting.
That's correct. It is not about the money but how patient we are in betting. The problem with some gamblers is they are too aggressive with their bets especially when they are chasing their losses. So, even a rich gambler could get rekt anytime if he will not think about his bets while his mind is clouded by revenge.
The emotional swings could put us in a position where we make wrong decisions and rich people could also be on the same spot as the poor. I mean, look at Drake, he keeps on betting high amounts and I think the only good part about what he is doing is, he can earn those losses again because of his popularity and talent. Heck, he might be the one being paid for advertising gambling sites instead of losing.