I do not agree with this simple because the math does not separate the rich from the poor. The odds are same for both and even if the rich people can afford to put in a large capital in the bet, they are exposed to the odds.

The only difference worth noting is that the rich might have a bigger money cushion to land up on in case the bet goes south which the poor person might not be able to afford. The same goes for being able to make the money back, the rich will do it quickly than the poor.