An interesting story and experience of a gambler - page 6.

justdimin

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Quote from: South Park on April 29, 2024, 02:05:51 PM

To this I will add that people in general have a completely flawed image of those that are rich, in their minds the rich are people that squander money without a caring on the world, but the opposite is the truth, while they do spend money in luxuries most of us cannot get, in my experience rich people are some of the most cheap persons I know and they try to save money on everything and keep track of their expenses like no other, so if we want to some day own even a fraction of their wealth, we need to imitate them and keep a close eye on our expenses.

People aren't completely wrong, but it is just that they consider the wrong people for their thoughts. They think all the rich spend money without keeping a count or something, but this is only the case with some people, especially the ones who aren't directly earning the money they have access to, for example, if a father is a millionaire or a billionaire, the son wouldn't care about anything, he will spend money here and there and won't even keep a count about it.

However, the father who is earning the money or have worked hard to reach where he is today will always be concerned and will keep a track of where the money is going and how much is being spent and it is important for someone to stay aware about their finances because it is a part of being financially literate.

robelneo

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Quote from: Fivestar4everMVP on April 15, 2024, 10:08:31 AM

Again, alot of money can be made through gambling if one is lucky, but it also can destroy the person if he or she does not, or fail to control him or herself..
Anyways, lets discuss about this, feel free to put your comments below.

In gambling, we are fully attached to our winnings and always remember them whenever we are betting hoping that we can duplicate or even exceed our biggest winnings, and we tend to forget our worst and biggest losses, that's what happens to that guy he is not chasing his losses he is trying to duplicate or exceed his winnings.

Unfortunately for him, it's not his lucky day ever, he is still good he still had that 40% from that 89k winnings, the guy is addicted to gambling and he needs help before in his session he experiences losing everything and becomes deeply depressed, he needs guidance so he can recover from this addiction.

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Quote from: Maus0728 on April 29, 2024, 02:58:47 PM

That person is definitely a degenerate gambler, I don't think that he's addicted to buying stuff that he don't needs though, it's more like he doesn't really know how to use the money wisely, it's natural though since gambling addicts are financially irresponsible so it's not surprising that they're doing this just so they can satisfy those temporary cravings and gratifications. I must say though, I think that this person needs to be looking on the bright side of things, he helped his mom and donated to some charity and those stuff that he's bought, he can probably sell it to a profit. The best that this person can do is probably seek professional help because basing from the post, my conclusion is that this man is a gambling addict through and through and no way that you can live your life struggling with that addiction if you know that those activities are self-destructive to you as a person.

There is no question that the person is a degenerate gambler and at the same time the person is addicted to gambling. Now the person might have good luck so the person is able to handle everything but when the person has bad timing then the person would have nothing to do.

Ojima-ojo

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Quote from: Maus0728 on April 29, 2024, 02:58:47 PM

That person is definitely a degenerate gambler, I don't think that he's addicted to buying stuff that he don't needs though, it's more like he doesn't really know how to use the money wisely, it's natural though since gambling addicts are financially irresponsible so it's not surprising that they're doing this just so they can satisfy those temporary cravings and gratifications. I must say though, I think that this person needs to be looking on the bright side of things, he helped his mom and donated to some charity and those stuff that he's bought, he can probably sell it to a profit. The best that this person can do is probably seek professional help because basing from the post, my conclusion is that this man is a gambling addict through and through and no way that you can live your life struggling with that addiction if you know that those activities are self-destructive to you as a person.

The line between greed and addiction is almost same but then when we talk about gambling addiction, it has a wider conceptual meaning and that separates it from greed driven partially, most of the times, those gambling addicts can spend axcess money without their knowledge so if they are greedy they won't be spending such an amount without cautions.

But at the bottom of it all is that gambling addictions have alot of negative impact on the individual regardless of they greed level, that is why we need to do everything possible to stay free from getting into addiction in the first place.

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This is an example of someone who luck smiled on but he decided to spend the money recklessly. One thing about people like this is that they will always think luck would come very often or always be on their side but no, it does not work that way and too bad he has learnt the hard way. Gambling luck occurs to very few people daily, sometimes it may give one a fortune and if the person is not very wise enough they might still end up losing everything to gambling and before they know it, it has become very late for them to realise they are doing the wrong thing. He's not only a reckless spender but he is greedy as well else he would have take profit and leave when he had he opportunity to. This should serve as a lesson to him, next time instead of buying items he does not really need he will use the money establish a good business or invest in assets that could yield him better profits in future. Gambling is meant for fun and entertainment but he is an example of people who made huge profits through it, if only he spent the money wisely.

Maus0728

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That person is definitely a degenerate gambler, I don't think that he's addicted to buying stuff that he don't needs though, it's more like he doesn't really know how to use the money wisely, it's natural though since gambling addicts are financially irresponsible so it's not surprising that they're doing this just so they can satisfy those temporary cravings and gratifications. I must say though, I think that this person needs to be looking on the bright side of things, he helped his mom and donated to some charity and those stuff that he's bought, he can probably sell it to a profit. The best that this person can do is probably seek professional help because basing from the post, my conclusion is that this man is a gambling addict through and through and no way that you can live your life struggling with that addiction if you know that those activities are self-destructive to you as a person.

livingfree

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Quote from: lizarder on April 24, 2024, 08:06:37 AM

Regret always comes too late and anyone will regret it after being faced with the problem. Don't gamble using borrowed money because it will be much riskier than using your own money, so be careful when you want to gamble at any casino.

That's the problem that's hard to remove when you become addicted in gambling, if you're the type that keeps on moving forward and you just can't let yourself stop when you have nothing.

So, you resort to the choice of borrowing money just so that you can gamble and lose more.

And to the guy involved in the story that OP shared, he got some things, he got money before and that's a personal attitude towards holding money. One has to practice how to be good in managing it when you've got it on your hands.

South Park

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Quote from: summonerrk on April 22, 2024, 02:27:24 PM

Quote from: retreat on April 22, 2024, 01:01:18 AM

That's what will happen when you can't control your lust and greed - you'll gamble irresponsibly and you'll buy things you don't really need in the first place. Many gamblers are like this, where they are blinded by their momentary winnings, and use the money on consumer things that they don't need, but because they are blind and don't have long-term thinking, in the end they just use the money as they please and don't think that the money will run out, because the most important thing is how they can satisfy their lust. That is a completely irresponsible person and such people usually will not learn from their experiences.

Therefore, you should always be able to write down your expenses on paper or in excel. It is necessary to know all your expenses and treat money very carefully. We can say that each of us in the present takes care of ourselves in the future. And you need to love yourself, the one that you will become later. You can't live in the present, and it's very important to follow money management. That's why some people are rich: they take care of the future, being careful about spending in the present.

To this I will add that people in general have a completely flawed image of those that are rich, in their minds the rich are people that squander money without a caring on the world, but the opposite is the truth, while they do spend money in luxuries most of us cannot get, in my experience rich people are some of the most cheap persons I know and they try to save money on everything and keep track of their expenses like no other, so if we want to some day own even a fraction of their wealth, we need to imitate them and keep a close eye on our expenses.

lizarder

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Quote from: angrybirdy on April 21, 2024, 11:08:42 PM

That's what I've always said, It's quite hard to give an advice to other people especially to a gambler because gamblers have their own rules in life and even if we advice them what's good for them, they will not follow that because some gamblers is in the point of their life that the only thing they will do is to follow their own intrusive thoughts. When it comes to spending money, it's easy for a gambler to waste money on things that aren't that important because they already have it in their mind that the money they spend is something they can easily get because of gambling but of course we shouldn't have that mindset because it's not we always win, right?

If we have a relationship of brotherhood or friendship, perhaps giving advice is a way for us to love them, but if the advice continues to be ignored then it is not a problem because at least we are willing to remind them. They have chosen their own path to be involved or not in gambling and they also have views on how gambling can have a bad impact when they are not able to control it.

Likewise, when managing money in gambling, it is even difficult for them to control themselves to spend what they need so that the money they get from winnings is wasted on unimportant needs. Generally that's how gamblers spend money and they have absolutely no planning for spending money.

Quote from: Mr. Magkaisa on April 21, 2024, 11:52:55 PM

- I also agree with what you mentioned. It's really easy to spend the money won on the things we love, but the money won in the casino is not easy to get because usually in the casino, when a gambler plays, he always loses in the end.

That's why most gamblers are always in tears in the end because they always lose and only differ in the amount that can be lost in casino gambling. It's even worse to gamble on debt; it's not a normal habit, in my opinion.

Everyone has their own views on how we should be involved in gambling and when they lose control when gambling, they will end up having a much worse impact. It is not easy to win when we gamble and maybe we will lose a lot of money if we are not able to be responsible when involved in it.

Regret always comes too late and anyone will regret it after being faced with the problem. Don't gamble using borrowed money because it will be much riskier than using your own money, so be careful when you want to gamble at any casino.

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Quote from: retreat on April 22, 2024, 01:01:18 AM

That's what will happen when you can't control your lust and greed - you'll gamble irresponsibly and you'll buy things you don't really need in the first place. Many gamblers are like this, where they are blinded by their momentary winnings, and use the money on consumer things that they don't need, but because they are blind and don't have long-term thinking, in the end they just use the money as they please and don't think that the money will run out, because the most important thing is how they can satisfy their lust. That is a completely irresponsible person and such people usually will not learn from their experiences.

Therefore, you should always be able to write down your expenses on paper or in excel. It is necessary to know all your expenses and treat money very carefully. We can say that each of us in the present takes care of ourselves in the future. And you need to love yourself, the one that you will become later. You can't live in the present, and it's very important to follow money management. That's why some people are rich: they take care of the future, being careful about spending in the present.

South Park

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Quote from: retreat on April 22, 2024, 01:01:18 AM

That's what will happen when you can't control your lust and greed - you'll gamble irresponsibly and you'll buy things you don't really need in the first place. Many gamblers are like this, where they are blinded by their momentary winnings, and use the money on consumer things that they don't need, but because they are blind and don't have long-term thinking, in the end they just use the money as they please and don't think that the money will run out, because the most important thing is how they can satisfy their lust. That is a completely irresponsible person and such people usually will not learn from their experiences.

That is what confuses me the most about the situation narrated by that person, they won a lot of money but instead of investing it or even spending it in stuff they really wanted or needed, they just bought whatever they could, and once they lost everything they realized their mistake, but how is it possible they can be so blind? After all, even if we were to recognize they are addicted to gambling, such behavior cannot be explained away with just that, so it seems to me they have several other underlying issues, which could make it a lot harder to ever recover from their gambling addiction.

retreat

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That's what will happen when you can't control your lust and greed - you'll gamble irresponsibly and you'll buy things you don't really need in the first place. Many gamblers are like this, where they are blinded by their momentary winnings, and use the money on consumer things that they don't need, but because they are blind and don't have long-term thinking, in the end they just use the money as they please and don't think that the money will run out, because the most important thing is how they can satisfy their lust. That is a completely irresponsible person and such people usually will not learn from their experiences.

Mr. Magkaisa

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Quote from: lizarder on April 21, 2024, 09:22:51 PM

Quote from: Orpichukwu on April 20, 2024, 05:36:36 PM

Good for him; he was able to use the money to give the family something and settle some financial needs, even though he bought things that were not necessary.

People who are close to him should try and advise him to take the right steps and avoid gambling for the main time. Let it be that it's still part of the winning that was lost back to gambling before it gets to a point where he might end up borrowing just to fulfil his gambling desire.

Money will run out if it is not used in the right place and buying things that are not needed is something that gamblers often do. The money we earn in gambling is usually easier to spend and very rarely do people have the control to buy something they need. People consider money in gambling to be hot so it is easier to spend it in uncertain places and it is very difficult for them to use the money in more productive places.

Advising people involved in gambling is not easy because they have their own understanding in assessing gambling. But there is no harm in giving advice as long as they have a friendly or fraternal relationship. About taking out a loan to gamble is a big mistake and if he does that it means he is starting to get addicted to gambling.

- I also agree with what you mentioned. It's really easy to spend the money won on the things we love, but the money won in the casino is not easy to get because usually in the casino, when a gambler plays, he always loses in the end.

That's why most gamblers are always in tears in the end because they always lose and only differ in the amount that can be lost in casino gambling. It's even worse to gamble on debt; it's not a normal habit, in my opinion.

angrybirdy

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Quote from: lizarder on April 21, 2024, 09:22:51 PM

Quote from: Orpichukwu on April 20, 2024, 05:36:36 PM

Good for him; he was able to use the money to give the family something and settle some financial needs, even though he bought things that were not necessary.

People who are close to him should try and advise him to take the right steps and avoid gambling for the main time. Let it be that it's still part of the winning that was lost back to gambling before it gets to a point where he might end up borrowing just to fulfil his gambling desire.

Money will run out if it is not used in the right place and buying things that are not needed is something that gamblers often do. The money we earn in gambling is usually easier to spend and very rarely do people have the control to buy something they need. People consider money in gambling to be hot so it is easier to spend it in uncertain places and it is very difficult for them to use the money in more productive places.

Advising people involved in gambling is not easy because they have their own understanding in assessing gambling. But there is no harm in giving advice as long as they have a friendly or fraternal relationship. About taking out a loan to gamble is a big mistake and if he does that it means he is starting to get addicted to gambling.

That's what I've always said, It's quite hard to give an advice to other people especially to a gambler because gamblers have their own rules in life and even if we advice them what's good for them, they will not follow that because some gamblers is in the point of their life that the only thing they will do is to follow their own intrusive thoughts. When it comes to spending money, it's easy for a gambler to waste money on things that aren't that important because they already have it in their mind that the money they spend is something they can easily get because of gambling but of course we shouldn't have that mindset because it's not we always win, right?

lizarder

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Quote from: Orpichukwu on April 20, 2024, 05:36:36 PM

Good for him; he was able to use the money to give the family something and settle some financial needs, even though he bought things that were not necessary.

People who are close to him should try and advise him to take the right steps and avoid gambling for the main time. Let it be that it's still part of the winning that was lost back to gambling before it gets to a point where he might end up borrowing just to fulfil his gambling desire.

Money will run out if it is not used in the right place and buying things that are not needed is something that gamblers often do. The money we earn in gambling is usually easier to spend and very rarely do people have the control to buy something they need. People consider money in gambling to be hot so it is easier to spend it in uncertain places and it is very difficult for them to use the money in more productive places.

Advising people involved in gambling is not easy because they have their own understanding in assessing gambling. But there is no harm in giving advice as long as they have a friendly or fraternal relationship. About taking out a loan to gamble is a big mistake and if he does that it means he is starting to get addicted to gambling.

Dewi Aries

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Quote from: AmoreJaz on April 20, 2024, 05:30:08 PM

Quote from: uneng on April 20, 2024, 05:23:45 PM

Quote from: Fivestar4everMVP on April 15, 2024, 10:08:31 AM

What exactly do you think we call this type of gambler? For he is not only addicted to gambling, but he seem to be also addicted to buying stuffs he obviously does not need, and absolutely not interested in..

He is an addicted gambler and compulsive buyer. He can't manage his money properly and keeps spending funds with useless things, although we can't deny he used part of the money for constructive stuff, like paying debt, supporting his mother and donating to charity... Anyway, a large part of that money he used to pay for eletronic gadgets and videogames could have been used to start new investments which would help bringing financial stability to his life. I believe he had opportunity to do so, but chose to not do instead, because his avid appetite for gambling was stronger than everything else.

There is still hope, I believe. Everyone can change their lives for the better if there is enough will power and determination to do so. He can overcome his gambling addiction and educate himself to deal better with the challenges of daily life involving the impulses for buying stuff he doesn't really need or care. There are efficient therapies focused on treating this kind of person, and they have showed positive results along the years when the patient remains commited to the treatment and the strategies to control anxiety and compulsiveness.

As long as we are alive, there's hope to hold onto. Sometimes, a person just need some unforgettable situation in his life or being in the tight position, before he comes into his senses. And change for the betterment of himself. It is only a matter of time before someone does make a U-turn of his lifestyle. Also, if he is aware of what he is doing, then, he still knows the right and wrong path to take. Because most addicted gamblers have no concept of what's really going on with his life.

This means that nothing is impossible in this world, Although yes as we know that getting out of gambling addiction is a very difficult thing to do for someone who is already addicted but in the end as you said that they only need something unforgettable in themselves which is something that makes them really feel traumatized or simply put, there is a possibility that gambling addicts will be able to recover if they experience something as a result of their addiction to gambling that is really bitter that befalls their life and also that makes them feel traumatized and I believe that there is a possibility that the person reaches a realization in himself when they are already in a situation that is full of stress. This means that I agree that it does not mean that an addicted gambler can never recover, because in the end there is always something that can lead them to recovery even if they have to experience something very bitter first and maybe yes it is a matter of time.

STT

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Impulse control would make him a rich man, he just needs to set a rule to take some profits and he'll be good. He could fix this, be optimistic as negatively viewing such success even after you screw it up doesnt help. Some people never get that luck to begin nevermind the losing part of it. Maybe he should be more generous with friends and family then he cant lose it all as he included others in his win and theres no chance to lose it all after you are generous to make sure others share in the win.

o48o

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Quote from: Fivestar4everMVP on April 15, 2024, 10:08:31 AM

-cut-
What exactly do you think we call this type of gambler? For he is not only addicted to gambling, but he seem to be also addicted to buying stuffs he obviously does not need, and absolutely not interested in..

Again, alot of money can be made through gambling if one is lucky, but it also can destroy the person if he or she does not, or fail to control him or herself..
Anyways, lets discuss about this, feel free to put your comments below.

Looks like a normal gambling addiction to me. Addicts usually aren't most effective with money, especially when they happen to be addicted to making money with luck.

And part about being a degen that sound like self degradation over the lost money. It sounds like a coping mechanism, as he could have been smarter. And he basically tells that not all his choices were dumb, but i feel he can't take credit from them. Instead he just lists them like giving money to his mom and paying debts

So it wasn't all dumb choices. And buying tech and stuff isn't usually worst choice. Those can be sold again if needed. I understand perfectly well that sometimes someone needs to spend their winnings. Because that's part of the lifestyle in gambling imho. It's not all savings, if at all. Spending winnings is as rewarding as winning. Ironically sometimes even when we spend them on gambling

Casdinyard

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This doesn't go just for this guy, this is the story of millions of belligerent gamblers out there, same shit and everything.

Only thing salvageable about this story that's really unique is the fact that he's still able to pay debts with the money that he won through gambling, goes to show that he's not a complete degenerate like what he thinks. A lot of people will see that as a liability and something that could take away at their chances of earning more money in the casino, ending up with them not paying and losing all their shit in the gambling site.

At the end of the day, it's all about what you really do after you gambled that would determine if you're bound to become a gambling addict or if you're able to snap out of your shit and become a sensible and responsible person again, at this stage (losing a huge amount of money for the first time that is) people are more prone to looking introspectively and just realizing the gravity of their actions. What they do after this is what would differentiate them from gambling addicts. Are they going to quit for a while, become a smarter, more responsible version of themselves, or are they going to splurge their shit and not leave a crumb?

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Quote from: Orpichukwu on April 20, 2024, 05:36:36 PM

Another lucky gambler who turns his luck into sorrow was given the opportunity to enjoy all that he had lost to gambling and was able to win a large amount more, which is not that common to see on the casino these days.

Good for him; he was able to use the money to give the family something and settle some financial needs, even though he bought things that were not necessary.

People who are close to him should try and advise him to take the right steps and avoid gambling for the main time. Let it be that it's still part of the winning that was lost back to gambling before it gets to a point where he might end up borrowing just to fulfil his gambling desire.

Well, I hope that things with that player are more aware, there are many things that I have seen and that I have witnessed in physical casinos that many people when they run out of money ask for credit and it is not just any credit, they ask for sums of money that I interpret it as if it were a loan, of course I have also realized that those same people are from a privileged class, so they are in the casino the next day paying that debt and with more money to play, I believe that each one has their own capabilities, That has been one of the things that I have been able to see, in online casinos I have not yet been able to see that they give people any credit, but it is something that they should Implement.

Topic: An interesting story and experience of a gambler - page 6. (Read 1617 times)