They say gambling is just entertainment, and honestly, we can’t deny it, when you think about it, we’re literally paying to be entertained. And the stats don’t lie: most gamblers end up losing in the end.
So if gambling is an expensive form of fun, that must make us rich people, right?
‘Cause like they say, when you gamble, you’re just throwing money away. And fellas, that’s what rich folks do, they throw money around like it’s nothing.

So I'm proud to say, I’m living the rich life, one bet at a time...
You're very funny, what you should understand is that the money you throw away in gambling can still meet and opportunity of turning you into a wealthy person when you win a bet so you can't make same comparison with a rich folk who throws money around or lavish his money on frivolous stuffs. We gamble as though we are throwing away money because we don't want to get emotional when we lose a bet since we already know that there is higher chances of losing it than winning with it. However, affording your daily needs is already a rich life so if you place bets and it loses, it's still a rich life because it's not easy to lose some money in gambling while still keeping up with your other life obligation so that mindset alone is a rich one.