Post
Topic
Board Gambling discussion
Re: Does the novelty wear off?
by
viljy
on 23/07/2025, 06:36:18 UTC
If you are extremely rich and you can just gamble up to your heart's content, does the novelty of winning wear off? Like would you get tired of gambling since there's really not much risks because you can gamble with any amount and still receive little to no consequences?

A thread with a similar theme was recently published https://bitcointalk.org/index.php?topic=5549235.0
The absence of risk of losses (since losses will be imperceptible on the scale of wealth) reduces excitement, and therefore reduces the passion of the gambler. This is what concerns the impact of enormous wealth. The novelty effect is a bit different. This is a psychological phenomenon strongly associated with satiation (everything is available to the rich).

This is when a person constantly needs new stimuli for emotions; literally every day a new one is needed. As a result, a person loses his psychological self-sufficiency and becomes dependent on external stimuli. In fact, these are open doors for hidden external control over a person.

By the way, this is why in some countries the real power was often held by all sorts of favorites close to the throne, or political figures (for example, Cardinal Richelieu), and not by the kings themselves, who were engaged only in entertainment and hunting (external stimuli).