I was having a conversation about gambling with two young men and one of them said gambling is not for the poor people, that it has the proclivity to favour rich people much than with the poor, and the examples he gave made me to come close to endorsing his interpretation.
His argument is that the rich people gambling do not have to pack a lot of odds as in parlay bet to accumulate a high odd size that will give a satisfying potential win. The rich has the money to risk huge amount to a single game for instance 2 odds staked with $1 million to win $2 millions, but the poor staking with $100 to win $2 million has to pick multiple legs to accumulate odds to get such potential win. It hence decreases the gambling winning chance whilst the rich gambler chance remains increased.
Of course, the bet amount will be significant, but to bet $1 million, you need a much larger bankroll. Losing several bets in a row could easily result in huge losses, and you need to have the money to continue playing and recoup those losses. Ultimately, if a poor player loses four $100 bets in a row (albeit still large bets), they'll only lose $400. For a rich player, that's a loss of $4 million. So you have to be so rich that $1 million feels like $100 to a poor person, and then it might work.