I Don't Think Gambling Specifically Targets the Poor

[DragonF]

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.

[Sim_card]

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.

[Igebotz]

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.

[Rubel007]

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.

[Aanuoluwatofunmi]

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.

[milewilda]

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.

[MUGNIA]

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.

[Didia Sofunichi]

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

[pieppiep]

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.

[LogitechMouse]

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.

[SmartGold01]

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.

[Stompix]

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.

[Agbe]

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

[Rubel007]

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.

[mu_enrico]

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
Maybe this is because of the "victim mentality" thing so that you guys view the poor always as the victim...