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by lozenge 1277 days ago
If you increase the payoff of the bet, it might prevent the poorest from becoming destitute, but the relative effect (where wealth concentrates in a few people) intuitively would still be present.
1 comments

That's what I meant. It just comes down to the inequality being there and rich people having more capital to bet/invest/whatever and relatively get richer just though them having a bigger starting capital.