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Scraped on 20/08/2025, 22:55:10 UTC
This makes gamble a game of luck to the poor and a game of strategy to the rich.

Ex:
RICH ($10,000 * 1.10 odds) = $11,000
POOR ($5 * 1000 odds) = $5,000  

With this you can see that the chances of the Rich winning is very high up to 90% while the Poor only have 10% chance of winning which now is based on luck!
This makes me think about the saying that goes by "THE RICH IS GETTING RICHER WHILE THE POOR IS GETTING POORER"
The get rich quick mentality is killing the poor.
and who told you this maths works in gambling? for your information there is a high tendency to lose in whichever way you chose to gamble. the theory should be the rich are getting poor while the poor are getting poorer, because iin this space the poor stake lesser amount and if they lose , they lose the amount they are comfortable with, but if the rich lose they lose heavily trying to chase peanut. for instant if a rich man gambled $20k with just 2 odds and it cuts, it means that such person had just loosed $20k. so when next you make your analysis try as much as possible to include the risk involved not only the profit, since the rich have a high chance of lose than the poor.
Original archived Re: THE POOR RISKS LITTLE TO WIN BIG WHILE THE RICH RICKS BIG TO WIN LITTLE
Scraped on 20/08/2025, 22:50:54 UTC
This makes gamble a game of luck to the poor and a game of strategy to the rich.

Ex:
RICH ($10,000 * 1.10 odds) = $11,000
POOR ($5 * 1000 odds) = $5,000 

With this you can see that the chances of the Rich winning is very high up to 90% while the Poor only have 10% chance of winning which now is based on luck!
This makes me think about the saying that goes by "THE RICH IS GETTING RICHER WHILE THE POOR IS GETTING POORER"
The get rich quick mentality is killing the poor.
and who told you this maths works in gambling? for your information there is a high tendency to lose in whichever way you chose to gamble. the theory should be the rich are getting poor while the poor are getting poorer, because i this space the poor stake lesser amount and if they lose , they lose the amount are comfortable with, but if the rich lose they lose heavily trying to chase peanut. for instant if a rich man gambled $20k with just 2 odds and it cuts, it means that such person had just loosed $20k. so when next you make your analysis try as much as possible to include the risk involved not only the profit, since the rich have a high chance of lose than the poor.