I was in argument with someone. His view is that people who gamble are those that what they have is not sufficient for them and so they try to make more money from gambling. He said if you have sufficient money to take care of your needs that you won't think of gambling. He made reference to some rich people, who don't gamble because they have sufficient money to even gift to charity but that those rich who still gamble are only addicted to it not just because of the money. Therefore, that the percentage of the rich gambling is very small compared to those in middle class and lower class.
So my question is, is the percentage of the rich gambling lower than the middle and lower class?
I've read on some articles that rich people do gamble but only a few people could match their bets so only a few of them play.
In my experience I only play when I feel like I can double my extra money. I always set limits and only play when I have extra since I can't afford to lose everything, best to play it safe.