Quote from: madnessteat on August 24, 2024, 06:39:56 AM

Quote from: noormcs5 on August 23, 2024, 11:54:16 AM

Quote from: madnessteat on August 23, 2024, 11:31:10 AM

Quote from: Out of mind on August 20, 2024, 04:23:23 AM

However, gamblers have many types of mistakes in their approach due to which they face losses. Both classes of gamblers make mistakes, not the difference between the rich and the poor, if they are not experienced in gambling, they will surely lose. But I think rich people don't suffer much loss to succeed, but they can easily re-accumulate their lost money by gambling again later. But when a poor person loses, it takes a long time to re-accumulate that person's money because he has to work hard and then participate in gambling. In that case, it takes time for the poor to achieve financial success, but the rich can achieve success very easily because of their money.

I think you're mistaken. If you have capital, it does not mean that it is easier for you to multiply your money. An example of this can be thousands of bankrupt companies that had huge amounts of money in circulation before bankruptcy. Besides, a poor person like a rich person can invest his money in cryptocurrencies, stocks, bonds, etc. That is, he has all the same tools to not only protect his money from inflation, but also to multiply it. Why they do not use these tools is a big question.

You are right here that the rich person can misuse his money and get a loss more than the poor or a middle class person. It is not about having ample amount of money but it is more about having strategically better approach with which a person can invest and double or triple his money and not lose it.

The first thing is to have a plan on how to do good investment in anywhere including gambling and then when a person find some perfect strategy then if he is rich then he can get more rich quickly as compared to the poor person because he do not have the money to invest in the right approaches.

I have the feeling that many forum members think that a rich person gets money easier than a poor person. That's a misconception. Everything depends on the person himself, not on how much money he has. There are many examples when a poor person has achieved very great successes in his life and the reason for this was only his aspiration, desire to become better and hard work. A poor person remains poor because he is afraid to experiment, to learn something new, to take risks, to use his money correctly. So the chances are equal for everyone - in real life and in gambling.

it depends but when we talk about disposable income it is obvious that rich people have it and poor people don't.
I agree that there are rags to riches stories and some will be able to keep the money, some other won't, mostly because of mindset, but the person disposable income should be conted
there are poor people taking loans and gambling thinking they'll make it and losing it all