Altcoins Talks - Cryptocurrency Forum
Wider Crypto World => Gambling & Crypto Casinos => Gambling discussion => Topic started by: mu_enrico on October 23, 2024, 02:19:33 PM
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I often hear that the poor are prone to gambling, and that problem gamblers are mostly from lower-income groups. Well, that's only half-true at best, in my opinion, because gambling doesn't care whether you're poor or rich -- if you like it, you like it. If you don't, you don't.
Perhaps this idea comes from data showing that poor people spend a higher percentage of their income on gambling than the rich. For example, $50 is 10% of your income if you earn $500, but only 1% if you earn $5,000. But it's still $50 nonetheless.
The argument that gambling is driven by the desire for a "get rich quick" dream is also flawed because even the wealthy want to get richer. It's just human nature to be greedy -- look at emperors in the past who had everything, yet still wanted to rule the entire world.
What do you think? Do you believe the poor are more prone to gambling?
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You will see rich people that will gamble just to spend some time having fun but the poor will gamble just to find ways to make money from gambling. That is why you will see the poor looking for more than 5 or 10 time return but they continue to use small amount of money if they are not addicted. This is what I noticed about the rich and poor people that are gambling.
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I heard this thing back in the 90s when the nationalists were saying that the EU wanted to keep us poor so they could sell us their stuff, and I was always wondering who in their sane mind would want poor not rich customers.
Same here, nobody targets the poor specifically, because it would be a waste of money, every casino wants high rollers, not pennies munchers, it's just a myth mostly because it's poor gamblers that end up in tragic situations that make it in the news, rich ones can afford to lose millions and not bat an eye.
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Gambling targets all people because they want to bet their money on their casino but the poor are somewhat more likely to gamble because they are hoping that they will be lucky and rise out of poverty.
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Gambling as per from the view of the Rich people is just for pleasure sake, and they does it with ease and happiness without the hope for something in return but when a poor gambles they so much expect something very higher from gambling, but on the reverse it leads to them being worried as the plans fails since money doesn't come as they planned. The Joy is taken away from there since they don't win as regular, which has defeated the purpose of gambling.
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Gambling targets all people because they want to bet their money on their casino but the poor are somewhat more likely to gamble because they are hoping that they will be lucky and rise out of poverty.
Well, that's right, casino owners will target everyone, because from the beginning their goal is business, and in business the main thing is to gain profit from anyone. They don't force, but they provide with promotional strategies and the like.
Poor people will be more hopeful that there will be a miracle that comes to them from gambling. This is what ultimately drives someone to continue gambling beyond their means.
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What do you think? Do you believe the poor are more prone to gambling?
Both the rich and the poor are in danger of gambling becoming a problem because, just as some people may have the argument that the poor may want to gamble because of the ability to get money from it, the rich may also want to gamble because they have the money, and then will consider gambling more for fun. Some of the rich even gamble just as a show of wealth.
@OP, I agree with you that gambling does not specifically target the poor, but some gambling companies and owners may have the poor as their particular target, making them site their casinos or gambling houses in poor neighborhoods, but that still does not mean that the rich are restricted from visiting to gamble or that there are no gambling houses and casinos in rich neighborhoods.
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Poor people might be more tempted to gamble than the rich could be the right statement. Anyone who can take the bet is welcome to the table and they need to realize that they can bear the loss if they lost the bet and for rich it's possible while for poor they gamble with their salary that should have been paid as rent or anything that is necessary instead of hoping that I can double or triple the money without understanding the negative consequences.
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What do you think? Do you believe the poor are more prone to gambling?
Well for me I believe it’s all the same - whether rich or poor they are all prone to gambling all that matters is the person that is involved. Someone can be rich and still be an addict while someone who has nothing in their account might not even know how to gamble.
Although, the percentage might be higher for poor people than that of high but when the amount spent is considered then those of the rich becomes more significant than that of poor people. So if anything the casino would want to target those rich people even if they are few than those that are poor because the profit they’ll get will be much greater than that of the poor.
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for the poor you can always tell the motivation is always money but for the rich sometimes they just gamble because friends invite friends over a poker table. but they wouldn't invite someone who also don't gamble. if you have money just like the rich men, they always like showing off for earning friends.
Floyd gambles with the Arab guys because he was invited in a friendly poker table. and Micheal Jordan gambles with friends who are also into sports. so much to lose when the gambler is a family man whether him being poor or rich.
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What do you think? Do you believe the poor are more prone to gambling?
Compared to those who are earning more, the poor are more desperate but would look for an easier way out. Most of the poor would likely to resort to gambling to get rich and, in terms of effort, it's easier to buy a lottery ticket than work your butt off for hours.
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I think I agree, gambling doesn't target poor or rich it most probably targets everyone like the social media platforms but it's on the ones who choose to gamble or not. Sometimes poor people like to gamble and that's why they gamble and similarly sometimes rich want to gamble and they gamble. It's true that rich people surely spend more money in gambling then the poor people but casinos don't really have any such specific targets whatsoever.
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What do you think? Do you believe the poor are more prone to gambling?
no but they are more prone to getting poorer
this argument is really interesting because like you said gambling is for everyone but it seems like it is more taboo or discouraged when you are poor of course because it is almost certain that you will end up in deeper poverty meanwhile the rich can spend as much as the poor in gambling yet it will barely make a dent in their earnings so is it still okay for them to gamble excessively?
of course not because the only difference between the poor and the rich when gambling is that the poor loses their money faster but the rich can have a longer time gambling before they even reach the bottom of the bag
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Gambling is just a game that we play to derive pleasure from but the narrative changed as people see it as a means of getting rich quick. Gambling does not target the poor but otherwise, it is for the general masses as long as you derive pleasure in playing the game. As a result of the benefits attached to some game after victory, some people would just keep gambling and gambling with the mindset of winning. This I believe was the reason why some gamblers saw it as a means to make profit hence their approach of making money while they gamble.
Peoples perspective towards gambling varies based on the level of their understanding be it the poor or the rich but I still believe as humans, it is natural that we want profit from most engagements we do. Although the percentage of the poor and rich who gambles varies because most rich men already have the money and the probability of them gambling for profit is minimal and this makes a very little percentage of the rich who gamble while the poor always want to breakthrough via any means they seems to be legit and majority of the poor who gambles likely do it with the mentality of getting profit. So the possibility of the majority of poor who gambles to make profit is high.
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What do you think? Do you believe the poor are more prone to gambling?
Based on my experience and on what I saw in people around me, the poor are more susceptible to gambling; there's a long line of people mostly poor or of of medium income in a lottery and on horse racing, and every time there's a feast where organizers are setting up gambling tent.
They want to change their lives for the better or at least add more money in their small income, and they find gambling can do this for them.
Out of necessity, because of lack of more opportunity, they allocate money, and sometimes the allocation is more than what they can lose.
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What do you think? Do you believe the poor are more prone to gambling?
Obviously, most gamblers are poor people who believe that gambling will help them escape poverty. There is no poor gambler who can honestly say that he does not gamble for profit, but most wealthy gamblers do so for entertainment. The wealthy rarely engage in problematic gambling because they have the means to fund their gambling at all times.
This is unlike most poor gamblers. Because they do not have money, they see every gambling session as an opportunity to make money and so rarely take a break. Even when they do not have it, they look for ways to raise funds in order to gamble. Some of them may go hungry just to gamble.
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Gambling is not only engaged by the poor but is an individual thing as both poor and rich are involved in it. Infact looking at it critically it's the rich that even play gambling. If we are talking about real gamblers then it's the rich as they use huge sum's of money in gambling, unlike the poor that only use small amount of money in betting
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What do you think? Do you believe the poor are more prone to gambling?
Well for me, yes because I see poor people more into gambling than being involved into something that generates wealth which the rich ones do. Poor people are more into gambling because of the fact that most of us are hoping for a win of a lifetime. I think poor people are more into this thing than the rich people even though we might say both can be greedy in gambling.
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Gambling is not only engaged by the poor but is an individual thing as both poor and rich are involved in it. Infact looking at it critically it's the rich that even play gambling. If we are talking about real gamblers then it's the rich as they use huge sum's of money in gambling, unlike the poor that only use small amount of money in betting
You are right bro. The Rich are actually the real gamblers. Sometimes, I get amazed of the way rich gamblers stake some crazy amount that is enough for the poor to survive for a year. I sometimes frown when I see those who are try survive still gamble with the little they have, which isn't an Ideal or proper way to gambling IMO. Gambling should rather be done by those who have a good financial status (though, you don't have to be Rich), but I enjoy to watch the rich gamble.
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Based on my experience and on what I saw in people around me, the poor are more susceptible to gambling; there's a long line of people mostly poor or of of medium income in a lottery and on horse racing, and every time there's a feast where organizers are setting up gambling tent.
They want to change their lives for the better or at least add more money in their small income, and they find gambling can do this for them.
Out of necessity, because of lack of more opportunity, they allocate money, and sometimes the allocation is more than what they can lose.
I think we should also add the fact that a lot of them have too many time on their hands. Aside from creating more babies and drinking, gambling is probably their next favorite past time ;D Oh let's not forget that they also get handouts from the current Government (something like a $100 every month?) Another reason why they think they can gamble easily because it will be replenished.
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What do you think? Do you believe the poor are more prone to gambling?
Gambling targeting the poor for me is a bit irrelevant.
Maybe there are more poor people who are resorting to gambling because of a wrong mindset. A mindset where they want to make money in the easiest and quickest way possible.
I agree with what you said that people have this "greedy" nature inside of us, but these poor people have a different way of greediness. They're willing to spend more money in gambling hence, many poor people are becoming poorer because they're spending lots of money in gambling hoping that they will make money from it or worse, their life will change with the help of gambling. Gambling can change one's life either positively or negatively.
Instead of the phrase "gambling targets the poor", I would change it to "gambling targets those who have wrong mindset".
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Gambling is not only engaged by the poor but is an individual thing as both poor and rich are involved in it. Infact looking at it critically it's the rich that even play gambling. If we are talking about real gamblers then it's the rich as they use huge sum's of money in gambling, unlike the poor that only use small amount of money in betting
You are right bro. The Rich are actually the real gamblers. Sometimes, I get amazed of the way rich gamblers stake some crazy amount that is enough for the poor to survive for a year. I sometimes frown when I see those who are try survive still gamble with the little they have, which isn't an Ideal or proper way to gambling IMO. Gambling should rather be done by those who have a good financial status (though, you don't have to be Rich), but I enjoy to watch the rich gamble.
And that's what we call that they have money to burn, take for example Drake or Dana White. We have seen them betting huge amount of money, even Drake had one game in roulette wherein Stake has to increased the max bet for him, so it's just crazy how this rich people gamble with their money.
As compare to us average joe or even poor who can only dream that we can hit big so that our lives will change for the better and we will not be poor thru the rest of our natural lives. So we will continue to do so, and hope that one day we will be that lucky person to hit lottery or jackpot in a casinos.
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What do you think? Do you believe the poor are more prone to gambling?
I can say from the situation of gamblers in my local area without looking at other surveys that the poor can get addicted to gambling faster than the rich. There are various reasons for this. A poor man cannot change his life. He knows that the conventional rules will not change his condition. Therefore, the tendency to consider gambling as a means of changing his life is much higher than the rich person.
Gambling platforms do not know who is rich or poor because there is no logic to say which particular gamblers they target. Besides, a poor person also gets the same benefits that a rich person gets. I think it's not the gambling platform but the gamblers that make them who they are. People with lower incomes are more likely to become addicted to gambling and gamble more than the rich. Maybe their betting volume is less but they definitely spend more time in gambling.
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You will see rich people that will gamble just to spend some time having fun but the poor will gamble just to find ways to make money from gambling. That is why you will see the poor looking for more than 5 or 10 time return but they continue to use small amount of money if they are not addicted. This is what I noticed about the rich and poor people that are gambling.
Gambling targets all people because they want to bet their money on their casino but the poor are somewhat more likely to gamble because they are hoping that they will be lucky and rise out of poverty.
Making money isn't a promise exclusive to the poor though as anyone can make money from gambling if they're lucky.
However, I'd be more convinced if the argument were about the poor being more prone to "YOLO" betting, as they might think, "It can't get any worse than this."
Compared to those who are earning more, the poor are more desperate but would look for an easier way out. Most of the poor would likely to resort to gambling to get rich and, in terms of effort, it's easier to buy a lottery ticket than work your butt off for hours.
Yep, it sounds logical, but not sure if this kind of people make up for the majority percentage of players. You can find outliers on both sides though, like rich people who are adrenaline junkies.
@OP, I agree with you that gambling does not specifically target the poor, but some gambling companies and owners may have the poor as their particular target, making them site their casinos or gambling houses in poor neighborhoods, but that still does not mean that the rich are restricted from visiting to gamble or that there are no gambling houses and casinos in rich neighborhoods.
Maybe it's just a business decision to rent a building there because the cost is cheap and there are lots of people living there. I mean, AFAIK, a poor neighborhood is usually denser and cheaper than a rich one.
of course not because the only difference between the poor and the rich when gambling is that the poor loses their money faster but the rich can have a longer time gambling before they even reach the bottom of the bag
Assuming both spend the same amount per spin or play, then yes, the rich will likely get tired of playing before the loss even makes a dent in their wallet.
But as you can see, high rollers exist, and I think casinos are more likely to target these people than the poor.
Based on my experience and on what I saw in people around me, the poor are more susceptible to gambling; there's a long line of people mostly poor or of of medium income in a lottery and on horse racing, and every time there's a feast where organizers are setting up gambling tent.
Probably there are events for VIPs that is different from this regular event. Only the kings are invited lol.
Instead of the phrase "gambling targets the poor", I would change it to "gambling targets those who have wrong mindset".
It seems like we have a deep thinker here lol.
The idea isn't as popular than the poor & gambling though.
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What do you think? Do you believe the poor are more prone to gambling?
Actually, it is not targeting, but poor people who hope to get a lot of money without wanting to work hard, then they gamble hoping to get a big win from the remaining money, because of their treatment, it is very clear that they are like gambling targets even though gambling was created for fun in betting games, not to seek victory as a way to multiply money
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I can say from the situation of gamblers in my local area without looking at other surveys that the poor can get addicted to gambling faster than the rich. There are various reasons for this. A poor man cannot change his life. He knows that the conventional rules will not change his condition. Therefore, the tendency to consider gambling as a means of changing his life is much higher than the rich person.
Gambling platforms do not know who is rich or poor because there is no logic to say which particular gamblers they target. Besides, a poor person also gets the same benefits that a rich person gets. I think it's not the gambling platform but the gamblers that make them who they are. People with lower incomes are more likely to become addicted to gambling and gamble more than the rich. Maybe their betting volume is less but they definitely spend more time in gambling.
From what I also see in my area poor people are more likely to get addicted to gambling than rich people. This happens because they do not have many chances to improve their lives so they feel hopeless. When they can not make money in normal ways gambling seems like easy way out or involve in other fraudulent activities. Gambling websites treat everyone same whether rich or poor. It is not websites that cause addiction but person situation. Studies show that people with less money are more likely to get addicted to gambling. They might not bet as much but they spend more time gambling.
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I would also like to agree with the OP that gambling is not specifically targets the poor because if they just specifically target the poor people cause then their revenue will not much be higher. So that they targeted all kinds of peoples who have money for playing gambling.
But we also can disagree with it that there are some discrimination on the casinos like I saw in the reports that the casino send car to gambler to receive and drop to their casino and there they have dedicated massager but this is only for those who are investing lots of money and loosing not those who invest small fund and won. So they target to money mans.
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Gambling is not targeted or aimed at any particular caliber of people, everyone is open to gambling, having money and seeing it more sufficient enough will make someone to gamble all because they are having fun at the process, not considering the way of gambling being for everyone, how we could allow everyone to have the opportunity for gambling, both online and in physical.
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Gambling is not targeted or aimed at any particular caliber of people, everyone is open to gambling, having money and seeing it more sufficient enough will make someone to gamble all because they are having fun at the process, not considering the way of gambling being for everyone, how we could allow everyone to have the opportunity for gambling, both online and in physical.
Yes, that's highly true, anyone can gamble and no one forces or prevents someone from gambling. Someone who earn $100 a month can also gamble and similarly someone earning $100k per month or more can also gamble. Gambling is for everyone who considers it a fun and entertainment and also for the ones who want to earn money with it, I know it's not easy to beat a casino's house edge but some people are good at sports betting and they make money with gambling.
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I can say from the situation of gamblers in my local area without looking at other surveys that the poor can get addicted to gambling faster than the rich. There are various reasons for this. A poor man cannot change his life. He knows that the conventional rules will not change his condition. Therefore, the tendency to consider gambling as a means of changing his life is much higher than the rich person.
Gambling platforms do not know who is rich or poor because there is no logic to say which particular gamblers they target. Besides, a poor person also gets the same benefits that a rich person gets. I think it's not the gambling platform but the gamblers that make them who they are. People with lower incomes are more likely to become addicted to gambling and gamble more than the rich. Maybe their betting volume is less but they definitely spend more time in gambling.
From what I also see in my area poor people are more likely to get addicted to gambling than rich people. This happens because they do not have many chances to improve their lives so they feel hopeless. When they can not make money in normal ways gambling seems like easy way out or involve in other fraudulent activities. Gambling websites treat everyone same whether rich or poor. It is not websites that cause addiction but person situation. Studies show that people with less money are more likely to get addicted to gambling. They might not bet as much but they spend more time gambling.
People who have a job or are busy with multiple business naturally have a good financial situation. But gambling will be a source of income for unemployed gamblers who pass the time doing nothing because they will try to earn money from this platform. That is why we see more propensity to gamble among poor gamblers who consider gambling as a source of income. The gambling platform is completely neutral. Usually the purpose of gambling platforms is to do business. Beyond that they do not understand anything.
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I have noticed that people from all walks of life gamble. Whether rich, middle class or poor they are all involved in gambling. Even the rich gamble more than the poor. When you hear how much money the rich or wealthy spend on gambling, you will be surprised because that is exactly how much money a poor gambler hopes to win in order to change his life. However, in gambling, people bet based on what they have, and because the rich have more, they gamble more.
I do not believe that gambling targets the poor. In fact, bookmakers want to attract the rich because the rich spend more than the poor, and the bookies stand to profit more when the rich gamble. Without a doubt, the poor are always in greater numbers, but an in-depth analysis reveals that the wealthy spend more money on gambling. The poor might engage in more gambling session than the rich due to no job but overall the rich on just few gambling sessions will spend more.
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It is everyone that's prone to gambling but thw eich and poor, because if you get addicted, you can get broke in no time. I have seen a lot of rich people who got broke because of addiction. One thing is that because the rich has a good source of income, he can easily replace his losses, but a poor man loss might affect him for long, if he lost heavily.
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One thing is that because the rich has a good source of income, he can easily replace his losses, but a poor man loss might affect him for long, if he lost heavily.
This is the exact difference between a wealthy and a poor gambler. However, if a wealthy gambler consistently loses money, it will have an impact on his finances if the loss exceeds 40% of his total income. Consider losing 40% of your income consecutively. The implication is that the 40% will soon become 60%, and so on, as the rich gambler's income declines.
Therefore, even wealthy gamblers must gamble responsibly. The fact that a rich gambler can easily replace losses as you noted does not preclude them from going bankrupt as a result of reckless gambling. It is easier to lose wealth than to build wealth, so a gambler must be disciplined at all times, regardless of wealth.
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It is everyone that's prone to gambling but thw eich and poor, because if you get addicted, you can get broke in no time. I have seen a lot of rich people who got broke because of addiction. One thing is that because the rich has a good source of income, he can easily replace his losses, but a poor man loss might affect him for long, if he lost heavily.
One thing that is often discussed in gambling is who among the poor and the rich is more likely to be addicted to gambling? A common answer there is the poor. Because the rich are not only dependent on gambling money but the poor gamblers desire to earn from gambling because they have no alternative source of income. Moreover, when it comes to gambling, they try to gamble more seriously than the rich. Moreover, poor gamblers spend more time in gambling than the rich because of their greed for money. As the number of poor gamblers is generally high, gambling platforms have a special focus on them. But since the law is equal for all, no one will get more advantage.
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I think its a wrong idea for us to say that gambling is being target on the poor or not even on them, because gambling is for everybody, we should be able to have the understanding that there is no specific target on the kind of people who should gamble, the poor can gamble as long as they can be able to afford gambling and its cost, same also the rich, this is all about personal decision and nothing more attached.
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It is everyone that's prone to gambling but thw eich and poor, because if you get addicted, you can get broke in no time. I have seen a lot of rich people who got broke because of addiction. One thing is that because the rich has a good source of income, he can easily replace his losses, but a poor man loss might affect him for long, if he lost heavily.
Gambling addiction could happen to anyone doesnt matter whether you are rich or poor, there's always that chance or probability that it would happen into you and thats why its really that important that you should really be knowing at least on what are the things that needs up to consider before you do gamble or simply set out limits. It is really just that poor people are really that heavily get addicted because or having that more engagement is that they are really that desperate on trying to make easy money with gambling or having those wrong thoughts that it could potentially make them rich and get out of poverty on which we know that this cant be possible all the time not unless if you are extremely lucky then it does have the chance but that kind of chance is really just that too slim.
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It is everyone that's prone to gambling but thw eich and poor, because if you get addicted, you can get broke in no time. I have seen a lot of rich people who got broke because of addiction. One thing is that because the rich has a good source of income, he can easily replace his losses, but a poor man loss might affect him for long, if he lost heavily.
but not all rich people can do that, only rich people who have a strong family background and individuals who gamble also want to change, in contrast to poor people who have fallen and still like to force themselves to win and make them sink deeper into the vortex of debt and gambling.
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I think the poor are more prone to gambling, some rich and we'll to do gamble for fun but the poor see it as a do or die affair, most poor people have tied their lives to gambling, to them their success depends on the outcome of their games. They use as little as 100 and 200 naira to play several long slips thinking it amounts to nothing by the end of the year they have already spent hundreds of thousands playing gamble
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I think the poor are more prone to gambling, some rich and we'll to do gamble for fun but the poor see it as a do or die affair, most poor people have tied their lives to gambling, to them their success depends on the outcome of their games. They use as little as 100 and 200 naira to play several long slips thinking it amounts to nothing by the end of the year they have already spent hundreds of thousands playing gamble
Many people gamble for various reasons, it could be recreation and some because they believe that gambling can change their lives. But it is necessary for us to know that numerous and insignificant decisions made from time to time make the cumulative effect in the future. By trying to make better of our resources we can open up the opportunity for change in our lives. Breaking old habits is definitely not a piece of cake, however simple though consistent behavioral modification towards achieving higher priority goals has the potential to radically alter things. In any case we are not helpless but still can regulate ourselves and choose a different path that will help to step out of the cycle that was actually holding back our potential.
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I think the poor are more prone to gambling, some rich and we'll to do gamble for fun but the poor see it as a do or die affair, most poor people have tied their lives to gambling, to them their success depends on the outcome of their games. They use as little as 100 and 200 naira to play several long slips thinking it amounts to nothing by the end of the year they have already spent hundreds of thousands playing gamble
In most countries especially poor countries, there are some people who are gambling in order for them to be out of the poverty zone. At least, that's what they think about gambling. They think that gambling is some kind of "miracle" for them where if they win, they will not be poor anymore.
Poor people, and rich people are prone to losses. The only difference is that, when rich people losses in gambling, it's just nothing to them for most of the time. If poor people losses money in gambling, it's everything for them especially if they're considered "the poorest of the poor". Gambling doesn't specifically target the poor. It targets those who have wrong mindset when it comes to gambling.
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I think the poor are more prone to gambling, some rich and we'll to do gamble for fun but the poor see it as a do or die affair, most poor people have tied their lives to gambling, to them their success depends on the outcome of their games. They use as little as 100 and 200 naira to play several long slips thinking it amounts to nothing by the end of the year they have already spent hundreds of thousands playing gamble
In most countries especially poor countries, there are some people who are gambling in order for them to be out of the poverty zone. At least, that's what they think about gambling. They think that gambling is some kind of "miracle" for them where if they win, they will not be poor anymore.
Poor people, and rich people are prone to losses. The only difference is that, when rich people losses in gambling, it's just nothing to them for most of the time. If poor people losses money in gambling, it's everything for them especially if they're considered "the poorest of the poor". Gambling doesn't specifically target the poor. It targets those who have wrong mindset when it comes to gambling.
Yes you are right in all you said about gambling, like I understand for sometimes now gambling is an open game for everyone but the mindset we applies on it clearly judges us from what we are doing and how we see's it. Most people do not take gambling as fun rather sees it as a milking zone to generate regular money for them, with this they can never see it as gambling and they will be losing on a regular basis. But when they put in the fun aspect of gambling they will definitely enjoy the fun without be so abscess about the income even if our their target is to generate money then fine but less attention should be focused on it.
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In most countries especially poor countries, there are some people who are gambling in order for them to be out of the poverty zone. At least, that's what they think about gambling. They think that gambling is some kind of "miracle" for them where if they win, they will not be poor anymore.
I never understood how poor people get the money to gamble, since you can put that money aside you're obviously not poor.
Second, why would casinos target the poor, it's like choosing in selling Mercedes at 10% markup or deal in used totaled cars denied insurance, I've never seen a multimillion casino in a slum, all of them are in the richest parts of every country.
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I often hear that the poor are prone to gambling, and that problem gamblers are mostly from lower-income groups. Well, that's only half-true at best, in my opinion, because gambling doesn't care whether you're poor or rich -- if you like it, you like it. If you don't, you don't.
Perhaps this idea comes from data showing that poor people spend a higher percentage of their income on gambling than the rich. For example, $50 is 10% of your income if you earn $500, but only 1% if you earn $5,000. But it's still $50 nonetheless.
The argument that gambling is driven by the desire for a "get rich quick" dream is also flawed because even the wealthy want to get richer. It's just human nature to be greedy -- look at emperors in the past who had everything, yet still wanted to rule the entire world.
What do you think? Do you believe the poor are more prone to gambling?
Well it depend on the context of what the question is been asked because for the poor man he sees Gambling as a way out of his current situation and so is Gambling with the little that they earn from their work and because the number of poor people are much in the society it looks as if that it's only poor people are the once Gambling but if you look at it from the point of view of the rich the rich too gamble but is quiet different from the way the poor people does it because the rich gamble with huge amount with Small odds
That is why I said that it's contextual because if we analyze this matter careful the both sides are involved so it not only a poor man's thing
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What do you think? Do you believe the poor are more prone to gambling?
I believe that poor people are generally more interested in money. Because the money they get from their work cannot meet their needs, they try their best to find another source of income. When they fail to find any significant income and start gambling, they consider gambling can be a great income alternative for them. That is why the poor are more interested in gambling. On the other hand, the rich are also interested, but they do not have to earn money from gambling, which is why the rich may be less inclined to gamble than the poor. However, there is no possibility that the same situation will happen to everyone.
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I believe that poor people are generally more interested in money. Because the money they get from their work cannot meet their needs, they try their best to find another source of income. When they fail to find any significant income and start gambling, they consider gambling can be a great income alternative for them. That is why the poor are more interested in gambling. On the other hand, the rich are also interested, but they do not have to earn money from gambling, which is why the rich may be less inclined to gamble than the poor. However, there is no possibility that the same situation will happen to everyone.
Everyone loves money, whether poor or rich, it doesn't matter. Money is money, and who doesn't need money??
Maybe the poor view gambling as a source of income and the rich don't, however, both still gamble nonetheless... And the rich gamble more (or bet higher) than the poor.
Anyway, most comments here still think the poor are more prone to gambling. I guess this half-truth myth is already so widespread ;D
Maybe this is because of the "victim mentality" thing so that you guys view the poor always as the victim...
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Everyone loves money, whether poor or rich, it doesn't matter. Money is money, and who doesn't need money??
the rich do not need any more money they can survive and live quite comfortably even if they do not win anything from gamblingAnyway, most comments here still think the poor are more prone to gambling. I guess this half-truth myth is already so widespread ;D
Maybe this is because of the "victim mentality" thing so that you guys view the poor always as the victim...
i would argue that the poor will always be at a disadvantage compare to the rich because even if both the rich and the poor gets addicted to gambling only one will massively suffer in short term and i know it is their own willingness to gamble but if we are to condemn the poor for poor gambling decisions then we should do the same for the rich
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the rich do not need any more money they can survive and live quite comfortably even if they do not win anything from gambling
That is also a myth since it's not all about "needs," but you forgot the "wants" aspect mate. The rich can indeed fulfill their needs, but they still have wants. They want to be richer and gambling offers this promise as well to the greedy people.
Anyway, back to the topic. I've asked this question to some casino insiders, and they said they want "big fishes" or "whales" to play, not people with small bankrolls. They don't really care about the small fish since most of the profit comes from the whales.
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Everyone loves money, whether poor or rich, it doesn't matter. Money is money, and who doesn't need money??
the rich do not need any more money they can survive and live quite comfortably even if they do not win anything from gamblingAnyway, most comments here still think the poor are more prone to gambling. I guess this half-truth myth is already so widespread ;D
Maybe this is because of the "victim mentality" thing so that you guys view the poor always as the victim...
i would argue that the poor will always be at a disadvantage compare to the rich because even if both the rich and the poor gets addicted to gambling only one will massively suffer in short term and i know it is their own willingness to gamble but if we are to condemn the poor for poor gambling decisions then we should do the same for the rich
Yes, your opinion is appreciable. In this concern I will point out that if both the rich and the poor are addicted to their respective positions, they will definitely defend for it, but even if a rich lost, he will have the opportunity to recover quickly with the help of others but one poor will not have that opportunity. Although both are damaged by the gambling effect, it has great harm to the poor.
It is also wrong to say that the poor are more prone in gambling because many rich are now addicted to gambling. Moreover, if a rich thing is addicted to gaming and loses money, the amount of losing there will be much higher. A gambling platform will definitely prefer the kind of gamblers who will spend more money.
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What do you think? Do you believe the poor are more prone to gambling?
Based on my experience and on what I saw in people around me, the poor are more susceptible to gambling; there's a long line of people mostly poor or of of medium income in a lottery and on horse racing, and every time there's a feast where organizers are setting up gambling tent.
They want to change their lives for the better or at least add more money in their small income, and they find gambling can do this for them.
Out of necessity, because of lack of more opportunity, they allocate money, and sometimes the allocation is more than what they can lose.
You're right because when ever you find yourself in gambling halls the sets of people you see are the poor this is mainly because the poor sees gambling as a way out of poverty and so everyday they get more and more entangled in betting getting more poorer, this is because the line between the poor and the rich is getting widening each blessed day that passes so the poor sees gambling as one means of getting out of the poverty lines
Infact the rate at which the poor play virtual games when you gets to gambling hall is alarming this is so because they see all these as a quick way out of their economic situation
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I often hear that the poor are prone to gambling, and that problem gamblers are mostly from lower-income groups. Well, that's only half-true at best, in my opinion, because gambling doesn't care whether you're poor or rich -- if you like it, you like it. If you don't, you don't.
Perhaps this idea comes from data showing that poor people spend a higher percentage of their income on gambling than the rich. For example, $50 is 10% of your income if you earn $500, but only 1% if you earn $5,000. But it's still $50 nonetheless.
The argument that gambling is driven by the desire for a "get rich quick" dream is also flawed because even the wealthy want to get richer. It's just human nature to be greedy -- look at emperors in the past who had everything, yet still wanted to rule the entire world.
What do you think? Do you believe the poor are more prone to gambling?
for my own experience the poor are more prone to gambling than the rich,because the poor sees it as a medium or advantage to get rich with it.
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Gambling targets all people because they want to bet their money on their casino but the poor are somewhat more likely to gamble because they are hoping that they will be lucky and rise out of poverty.
I concur with you, gambling targets every one even if the poor gamble more but we should understand that the rich gamble too because they want to make more money
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You're right because when ever you find yourself in gambling halls the sets of people you see are the poor this is mainly because the poor sees gambling as a way out of poverty and so everyday they get more and more entangled in betting getting more poorer, this is because the line between the poor and the rich is getting widening each blessed day that passes so the poor sees gambling as one means of getting out of the poverty lines
Infact the rate at which the poor play virtual games when you gets to gambling hall is alarming this is so because they see all these as a quick way out of their economic situation
At first, gambling existed as a form of entertainment for the rich, but over time, gambling turned into a hope for the poor who hoped they could get lucky and escape their poverty.
That is an act that is not justified at all, because in gambling the risk of losing is greater than the chance of winning, and we have witnessed many who are trapped and have financial problems because of gambling and that is because they cannot control themselves.
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Gambling is not for the poor or those categorized as lower income groups. Rather it's for those who like it whether rich or poor and wish to earn from there.
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Gambling is not for the poor or those categorized as lower income groups. Rather it's for those who like it whether rich or poor and wish to earn from there.
I agree with that, because it is the truth, where the casinos are classist then they would not allow the poor to play, but they do allow it, so it is not exclusive, here what has to be seen is that the people or the players have the decision to play or not, nobody forces them, it is a very personal decision to do so, etnocens this is something that has to be seen, those who have bad experiences may say that it leads the poor to become poorer, but that is romanticizing bad luck, it is not like that.
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Gambling is not for the poor or those categorized as lower income groups. Rather it's for those who like it whether rich or poor and wish to earn from there.
Gambling can affect everybody. Whether you're rich, poor, no hands, no legs, disabled or whatever as long as you have access to gambling website, you can be a target.
It's just that, when the rich and poor gambler gambles and lost, only the poor people are the ones that are affected. Yes, we might see rich people losing money and getting insane, but for most of the time, it's the poor ones that are making bad decisions because of their addiction. I don't know, but I didn't hear a rich person losing huge amounts of money and then he will rob or steal other people's money. Only the poor are doing that kind of thing.
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I often hear that the poor are prone to gambling, and that problem gamblers are mostly from lower-income groups. Well, that's only half-true at best, in my opinion, because gambling doesn't care whether you're poor or rich -- if you like it, you like it. If you don't, you don't.
Perhaps this idea comes from data showing that poor people spend a higher percentage of their income on gambling than the rich. For example, $50 is 10% of your income if you earn $500, but only 1% if you earn $5,000. But it's still $50 nonetheless.
The argument that gambling is driven by the desire for a "get rich quick" dream is also flawed because even the wealthy want to get richer. It's just human nature to be greedy -- look at emperors in the past who had everything, yet still wanted to rule the entire world.
What do you think? Do you believe the poor are more prone to gambling?
for my own experience the poor are more prone to gambling than the rich,because the poor sees it as a medium or advantage to get rich with it.
true, poor people are more greedy than rich people, where they are willing to sacrifice the money they have when they gamble, but they do not understand how to play in gambling. when they lose they still continue to try to gamble by borrowing funds assuming they will win and this cycle continues without a definite end
big wins are real if you bet in large amounts
betting in small amounts and hoping to win big is a dream