Post
Topic
Board Gambling discussion
Re: Rich or poor gambler, who should risk more?
by
danherbias07
on 30/08/2024, 12:21:48 UTC
Right.

A responsible gambler will also feel that loss and that's why whether you have a lot of money, a responsible gambler or just casually gambles. You're going to feel it anyway.

And that's why there is no status of life that this feeling will give to every loss that we make when we bet. Risking is our decision and it won't need any validation for how well are we doing in life and our financial status is.
[/quote]
Yeah, that's true. A poor man might have $10 to gamble but he will take care of it so that it won't be wasted instantly. He will try to be careful with his bets so that he can play more.
The same goes with a rich gambler. If he has a million dollars as his budget, I doubt he will bet all that. He will probably just go for $100 - $1000 per bet but he won't go as far as putting it in one shot.
Both will feel the loss if their risk goes wrong and both will get frustrated if they lose. It's not like the rich will keep their riches if they gamble a lot. That money will start to run out if he keeps that kind of betting amount.