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> but financed by a small rich minority I'm not at all convinced of this. Considering that much the properties of the game that land such whales are based on

> but financed by a small rich minority I'm not at all convinced of this. Considering that much the properties of the game that land such whales are based on triggering addictive behavior, it seems much more likely that the whales' income profile is similar to that of a lotto ticker purchaser in the US: relatively poor people.

ipfreighly 9y ago
Do you believe that poor people are significantly more susceptible to triggering addictive behavior? I think a simpler explanation for why poor people play the lottery is that they see it as a way out of being poor.
- ubernostrum 9y ago
  I don't think the argument is to reverse the original statement (the original statement being something like "the top spenders must be wealthy", the reversal being something like "the top spenders must be poor"). Rather, the argument is that knowing there are people spending a lot of money tells you nothing about the income level of those people. They might be someone who's independently wealthy and using money they won't miss, or might be someone who's quite poor who's damaging their life in other ways to obtain the money. The argument is you don't know which from the facts given. All you know is there are people who spend $X on it. That said, I don't think income level has anything to do with it. There are poorer people who shouldn't waste money to play the lottery or gamble in casinos, but do it anyway. There are also wealthier people who shouldn't waste money to play the markets, or other "casino/lottery for rich people" things, but do it anyway. It's just that our society is mostly oriented to treat the poorer people as compulsive gamblers -- which is treated as a moral failing -- and the wealthier people as "serial investors" or other terms which carry a more positive connotation.
- purplelobster 9y ago
  Perhaps people with addictive tendencies are less likely to become, and stay rich.
- legulere 9y ago
  Being poor surpresses rational thinking, making them more vulnerable https://www.theatlantic.com/business/archive/2013/11/your-brain-on-poverty-why-poor-people-seem-to-make-bad-decisions/281780/ https://www.theatlantic.com/business/archive/2013/11/your-br...
axedwool 9y ago
It seems much more likely based on what?
Noos 9y ago
Poor people would hit their limits very fast. Many F2P games make elements that would involve repeated infusions of items that cost $30-$100 a pop over time. A lot of those games have no real upper limit to the power or time savings you can get; there's never a sense of the game being done. But for a richer person, 3k a year is what they give to their kids for christmas in gifts.

ipfreighly 9y ago

Do you believe that poor people are significantly more susceptible to triggering addictive behavior? I think a simpler explanation for why poor people play the lottery is that they see it as a way out of being poor.

ubernostrum 9y ago
I don't think the argument is to reverse the original statement (the original statement being something like "the top spenders must be wealthy", the reversal being something like "the top spenders must be poor"). Rather, the argument is that knowing there are people spending a lot of money tells you nothing about the income level of those people. They might be someone who's independently wealthy and using money they won't miss, or might be someone who's quite poor who's damaging their life in other ways to obtain the money. The argument is you don't know which from the facts given. All you know is there are people who spend $X on it. That said, I don't think income level has anything to do with it. There are poorer people who shouldn't waste money to play the lottery or gamble in casinos, but do it anyway. There are also wealthier people who shouldn't waste money to play the markets, or other "casino/lottery for rich people" things, but do it anyway. It's just that our society is mostly oriented to treat the poorer people as compulsive gamblers -- which is treated as a moral failing -- and the wealthier people as "serial investors" or other terms which carry a more positive connotation.
purplelobster 9y ago
Perhaps people with addictive tendencies are less likely to become, and stay rich.
legulere 9y ago
Being poor surpresses rational thinking, making them more vulnerable https://www.theatlantic.com/business/archive/2013/11/your-brain-on-poverty-why-poor-people-seem-to-make-bad-decisions/281780/ https://www.theatlantic.com/business/archive/2013/11/your-br...

axedwool 9y ago

It seems much more likely based on what?

Noos 9y ago

Poor people would hit their limits very fast. Many F2P games make elements that would involve repeated infusions of items that cost $30-$100 a pop over time. A lot of those games have no real upper limit to the power or time savings you can get; there's never a sense of the game being done. But for a richer person, 3k a year is what they give to their kids for christmas in gifts.