People and their money.

[gjpure]

Not sure if this is the right place to post this so please move if need be.

This post is about people and their money. It seems to me that very few people really have a "bankroll." For example the median salary is something like 40k across the country. I live in Detroit and in some spots it is higher, and it other spots lower.

So lets say, for example, the average person makes around $1500 every two weeks. Lets also say this same person plays poker or gamble at their local casino once a week on average. Now asumming this person is married, has kids, etc. and has an average amount of bills, etc., I would not think they would have much discretionary income for gambling. Sitting down with $300 to play 1/2 NL for example is a lot of money to this person and a percentage of what they make.

So it seems to me that the "average" player is no where near properly bankrolled and never will be unless they win a big jackpot. In addition, the "average" player is not a winning player so their win rate is pretty low. I don't know what everyone does for work that I see, but I don't believe everyone makes tons of money. Ironically, most gamble because they DONT make much money and want more. Most of the truly rich know that saving money and lowering risk is the smart move.

Now certainly there are a select few that are financially independent, retired, etc., but I would say the majority are not.

I make and good living and there is no way I can play higher that 1/2 NL live even thought I still do at times. And it REALLy hurts if I get on a lossing streak.

I just dont know how people do it. Are most people just in debt and overextending themselves because they are degenerates?

What do you people think about this and how people handle their money?

I don't think most people are very responsible or if they were the casinos wouldnt be so crowded.