Why do poor people gamble more?
Although gambling is a popular activity that appeals to individuals from various socioeconomic backgrounds, studies indicate that people living in poverty tend to engage in gambling more frequently than those who are financially stable. In this article, we will delve into the factors behind this phenomenon.
What is gambling?
Gambling involves participating in games of chance with the hopes of winning money or other valuable prizes. Examples of popular gambling activities include lotteries, slot machines, bingo, and card games such as poker.