TigerWu
TigerWu
Joined: May 23, 2016
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December 22nd, 2017 at 11:11:25 AM permalink
I think it may depend on how you categorize "wealthy." To me, a person making $80,000-$100,000 a year and up is wealthy, and I know there are a ton of those people in casinos. Maybe horse is talking about multi-millionaire lawyer and CEO type wealth, so in that case there is probably a lower per capita of that demographic in casinos.
AxelWolf
AxelWolf
Joined: Oct 10, 2012
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December 22nd, 2017 at 12:11:13 PM permalink
http://www.politifact.com/florida/statements/2011/nov/18/john-stemberger/largest-numbers-gamblers-come-poor/

"If you define gambling fairly broadly placing a bet on a game of chance at least once in a lifetime, or once in the past year, or even once in the past month then members of the poorest segment of the population are, in general, less likely to gamble than members of the middle segments. By any reasonable definition, the largest numbers of gamblers are clearly not poor," he wrote in an e-mail to PolitiFact. "The richest Americans, the 10 percent or so with incomes greater than $100,000/year, are actually the most likely to spend money gambling -- as they are to spend money on everything else, since they have far more money to spend. But since this group of well-off people is relatively small, only 10 percent of the population, the number of gamblers from the middle income segments ($25,000 - $100,000) is much larger."
♪♪Now you swear and kick and beg us That you're not a gamblin' man Then you find you're back in Vegas With a handle in your hand♪♪ Your black cards can make you money So you hide them when you're able In the land of casinos and money You must put them on the table♪♪ You go back Jack do it again roulette wheels turinin' 'round and 'round♪♪ You go back Jack do it again♪♪
horse
horse
Joined: Dec 10, 2017
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December 22nd, 2017 at 4:39:26 PM permalink
Again, very few people other than gamblers it appears, would consider an income of $100,000 as being in the well-off category.
TigerWu
TigerWu
Joined: May 23, 2016
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December 22nd, 2017 at 5:11:51 PM permalink
Quote: horse

Again, very few people other than gamblers it appears, would consider an income of $100,000 as being in the well-off category.



Well, $100,000 income in 2016 was in the 73rd percentile for American households, so if that's not "well-off" it's still pretty good money. It's still well above both the median and average household incomes in this country. That's a lot of money to a lot of people, not just gamblers.

For individuals, $100k salary is in the 88th percentile. That's gotta be "well-off" in almost anybody's book, unless you live in a very HCOL area.

source
source 2
billryan
billryan
Joined: Nov 2, 2009
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December 22nd, 2017 at 5:12:57 PM permalink
Quote: horse

Again, very few people other than gamblers it appears, would consider an income of $100,000 as being in the well-off category.



Location, location,location.
Make a hundred grand in most of NYC and you can easily struggle.
Make it flyover territory and you are much better off.
The difference between fiction and reality is that fiction is supposed to make sense.

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