Topic: Gambling loss lead to suicide! (Read 461 times)

I just feel sorry for these people ending their lives because they can't accept the fact that they lost the money. But that's the mistake of these people, they gambled money that they shouldn't have gambled. They just followed their greed and were fooled by their own minds by thinking that they could double the money if they went all-in on one bet. If only they understood their financial capabilities, then they wouldn't have done something so stupid.

The century we are in is not exactly indication of anything. 21st or back to the early days. Someone greedy will always be greedy. Progression and development of society as well as technology does not take away anything from human greed. We remain greedy all the time. That is what we should be working on in our lifetime. Greed only leads to places you would not hope to be in so better to nip it in the bud before it even gets too late.

It's sad how people can get so caught up in gambling that they don't think about how it will affect their loved ones. This person had a family, but they gambled anyway and ended up taking their own life. Now, who will take care of their family?

This is clearly an act of desperation and addiction and it is why we are all being asked to gamble responsibly and not gamble more than we can afford to lose. Addiction is very bad, if we ever notice getting addicted to gambling you should seek professional help on how to go about it and not keep gambling because it doesn’t end well.

I feel so bad for the family of deceased, the wife and the young child now will have to live without a father and a husband because of his careless irresponsible actions.

I completely agree, I don't understand why this guy's need to risk your well-being, which is the only thing such a guy has. Life is valuable and you can always reconsider his priorities, learn something new.
But leaving a family without emotional, physical and financial support is the decision of a real weakling, who all this time for some unknown reason tried to achieve something in life.

Sad story, and I guess only one conclusion... don't be that guy, gamble only with money you can afford to lose. It's fine to spend a bit more from time to time, but going all-in with everything you have is one of the worst decisions ever. It's equally crazy to borrow money to gamble... it only brings problems, and there's a good chance those problems will be very serious.

We all remember that guy who sold everything he had and he placed a bet on roulette, I think it was on red, but he probably knew what could happen.

This is the problem with some gamblers ,why risk your entire life with your family, knowing fully that you are the bread winner and the only source of income.
The greed in him is too much,with an income of 40k, he ought not to gamble with such huge amount,no matter the circumstances. In gambling we need to be very careful because one the money is gone, it cannot be retrieved , therefore in gambling always have in mind that you could be the loser not everytime you win and if you know you can't withstand losing, there is no point playing the game,it is for the strong hearted, you don't gamble with the mindset of getting rich instantly,if not what has happened to this man will happen to you.
Now nobody forced him to gamble and the outcome is not favourable,he has just caused the family a bigger problem mainly the wife, how is she going to cope with the situation of assuming the head of the family, that's why it's good to gamble what you can afford to lose.

Yes, it's not new, we have heard this kind of unfortunate stories of gamblers taking their lives because of the massive lost the got. But still though, it's not a way to end, as he left a wife and a kid. So how will his family recover from this trauma?

And it's like those who do this is selfish because of what will happen to the family being left out. I know this might sounds rehearse already, but taking one's life is not the very solution for our gambling addiction. We can also share our prayers with the families who are becoming a victim of such tragedy.

Only small minded people will do that and its really bad option to take after those miserable losses they experience. That's how important not to do anything risky especially if they know for theirselves that they are weak type of person who cannot handle bigger challenges in life. If they end up their life after those bad losses for sure that problems would never end there as they would just pass those issues to their family.

So they should face of the consequences and learn from it. Also to avoid experiencing this bad life they better discipline their selves and don't think about chasing for more gains or any unimaginable things on gambling.

It's not really new that people are committing suicide due to financial hardship and depression due to gambling.
A research has shown that suicidal behaviors were found among addicted gamblers, with 31 percent of them having thoughts of suicide, 17 percent planning to commit suicide, and 16% dying solely due to gambling. source

So these things are not new, but I feel bad for that man and his family, In fact, after such incidents, I think that whatever we do in our personal lives, we should at least share it with our family members, and family members should also make sure that no one in the family goes astray.

I agree with you on this because when I first read this thread, I wanted to get the full information on how it all started but the link to the story was not provided by OP which I called OP's attention to try to update the thread with it but from the looks, it has not been available. This a very interesting story to read so that other gamblers would learn from this story when it comes to gambling responsibly and having a budget which they could afford to lose while gambling.

Concerning the figures involved, it could be in dollars because that would be what could have prompted OP's action to commit suicide and maybe it could be his life savings which he had used for gambling. In my country, that is a huge amount of money to say and I don't think any of my countrymen would risk such at this current situation of the economy.

Unfortunately, he committed suicide leaving his family behind. I pray his soul finds eternal rest.

Sorry to ask but this amount is in which currency?

When we sing gamble responsibly, people think it's just a mere words but it's not. Gamble responsibly is a philosophy that once followed, you'll hardly fall victim of cases like this one or any form of addiction. In some cases like this, it might not be addiction but a manipulation and greed. I believe someone that has been gambling for a while should already know what gambling is capable of doing and wouldn't be shocked when they lose their money. Someone who is just coming into the industry perhaps with a mindset of making huge money from gambling based on what others have told them about gambling, then issue like this are bound to happen.

That being said, whether you are a newbie or not suicide shouldn't be the way out when you lose a bet. In fact, it's a foolish decision to take because it simply solves nothing other than adding to your problem. Now, whom did he leave the wife and the baby for? He might recover the lost money from another source if he had saved his life.

If you don't mind, then please share the link to the news so they we all can read for ourselves as well, atleast from reading the whole story, we or some of us may likely get more ideas of what really happened.

First of all, someone earning a maximum of 40k annually will definitely spend several years to save up to 150k that he used to bet, why on earth would he be that stupid?, the 150k possibly may be his life savings, and imagine how long and the stress he must have gone through in the process of saving this amount, this i believe explains why he could not endure the pain of the loss and decided to commit suicide.

We are in the 21st century and this can't keep happening, people should learn to not risk any amount of money they know they can't afford to lose on gambling or sports betting, this is a mistake we all ought to have learnt from based on how those who made this mistake ended up.

I pray he find rest, and God give his family the fortitude to bear the loss.

The take is always that suicide is not an option for solving problems. You cannot thinking to solve your life through gambling also and you cannot also place a bet of that amount and rely on that to change your life. Now the worse is that he left his family devastated beside ending his life which is the most tragic of the events in here. Pretty sad story overall which everyone of us should learn one thing or two to never overstretch in our gambling activities as the main lesson in here. Gambling can play these very bad emotional feelings that can end in the most tragic of ways.

It's really sad that when people get into suicide mode, they forget about every other thing that matters in life. They forget about family, hope, and positivity around them. Their mind is just clouded by death, death, death. You know, I just wish we could see through people and know those who are considering suicide, so people will hold on to them, encourage them, and talk them out. Because in suicide mode, the spirit of death just blocks out their reasoning, and the only option they see is death.

While suicide is not a justification for anything, I just wish they spoke out to somebody, who is actually supportive. Because there are some people you talk to about your situation, and they will make you feel worse about it. In fact, instantly, you will just jump from 3 story building.

But, really, guys, we need to be more cautious. Periodically, we keep hearing suicide stories of gamblers and it's not funny anymore. It's justifying what people say that gambling is bad. You don't gamble with the mindset of getting millions to build your mansion or your business. When millions come from winning, that's fine but if not resist the urge of having a moderate win and saying, "What if I play again? I will double my win."

No, once you get that win, take a break, use that money to invest. Don't let that spirit keep dragging you. Because people see suicide as an option, especially when they win first and instead of cashing out, they use it to play and lose everything.  Their mind at that moment, is, "Let me just die. So, guys, we must be cautious and try to be responsible gamblers.

Make gambling a fun thing, something you use your spare money for. Don't ever borrow; don't sell properties. Don't do anything crazy just to gamble. Gambling is by luck, and who says you get lucky 365 days? You don't. So, please, let's be cautious.

Obviously an addicted individual.. why would some bet with such amount of money when his average income is like 4 times what he is betting. Was he thinking to becoming rich? Greed has played a role once again and he was the victim. sometimes we just have to use our common sense when dealing with some things. He has let his actions put those he loves in extreme danger. Now they would have to suffer the cause of his addiction....

For such news, sources are not needed, as it happens very often. The difference can only be in the cost of the debt and the way of leaving life. It is difficult to say what drives people who suddenly put everything they have on the line. I have a slightly different idea of ​​greed, but clouding of reason sounds more acceptable to me. At the same time, deciding to commit suicide is also strange for a normal person.

How many stories do we know of when sick or crippled people hold on to their last chances to live? Life is valuable, but many do not understand this.

It is difficult to call people who become addicted to gambling, lose all their property, and make such decisions normal people. They are sick. Sick regardless of games, this is a special type of human psychology. If we encounter such stories repeatedly, such people should be classified as a special category and sent under the supervision of specialists.


You should check the entire expression. We only say good things about the dead, or only the truth. That he was an asshole is undeniable and not made up.

Actually this is my first time of hearing about this, what was he even thinking that made him to gamble using that huge amount of money in a single bet? he don't even think about the disadvantage maybe if the outcome didn't work as it expected, or should I say it happens as a result of being addicted to gambling?  We always sing it as a song never to gamble with what you can't afford to lose just imagine the risk he took, had it been he gamble using 1% of his income you know at this point even if the outcome is not funny enough but he wouldn't have think of doing something stupid.

We dont know on what are the other ways or methods on which they do able to earn money on which this isnt really just that limited into his income alone on yearly but actually getting that $120k on having that 40k annual would really be that telling that there might be some possibility that he had sold something or taking up some loan on which same as you said. This is why its really that a very risky action that you do really need up to consider when it comes to financial aspect on which its understandable that bad decisions or choices or decisions in life will really be that reflecting out whether it will be giving out that good outcome or bad ones.

When it comes to losses then it will really be that devastative if you wont really be that careful in regarding about your decisions. You would really be ending up on having suicide if you wont really be that careful when it comes to decisions specially on taking up some loan because of gambling. Spending up your life savings into something like gambling will really be that making things even more complicated or worst that a problem that cant be solved easily.

It is said that it is better to say nothing or only good about people who are dead, but this guy is just pathetic. Another weak guy with no balls who cant accept fact of a loss and has zero responsibility for his deeds. Another idiot who put money over life. I wish I know more about this story. 150k that he has lost, it was his savings or borrowed money? If this were savings, that I think he had time to earn money, life does not stop when you have zero in bank account. If he has borrowed and loss, then I feel only contempt toward that coward, who has left his family such a surprise.

This is the umpteenth time I have heard news like this. Betting with a large amount, spending all his savings and ending his life by committing suicide is a very stupid way. Even though everything that happened was his own fault and actually tortured the family who loved him.

Just a suggestion for anyone to be careful with their surroundings and choose positive friends. Because even though we have strong financial management and have strong self-control, we will still be tempted to make high bets when close friends give stupid advice and can increase their adrenaline to bet in large amounts. Love our family and always appreciate our money no matter how much.

If his yearly income is 40k, how did he get up that amount to gamble? Did he borrow it or sell a personal property. I know of a gambler who committed suicide because he borrowed the money he used in gambling. When his creditors began to come for their money he began to give them many excuses. When he ran out of lies and didn't have any means you repay the loan, he committed suicide.

It is stupidity to use your close to four years income to gamble to hit the jackpot. Gambling outcomes are unpredictable which is why it is important to gamble with what you can afford to lose. And when you suffer big losses such as this, seek assistance for loved ones or seek professional help.

The people who commit suicide after lost gambling usually considers gambling as their final way to solved their financial condition so that's why usually those person will put all of their money into a single bet because if won they will gets a lot of money to pay all of their bets and if lost these person feel desperate because they feel there was no hope anymore for them to continue their lives and lost everything and certainly this is not worth because their lives are far more valuable than gambling

He lost 10 times more. He lost $150,000 thousand and not $15,000. But for him to have killed himself, that is truly a big mistake from him. Because if there is life, there is hope. Also he is still working I guess and he can make money to continue living a good life. His decision was a very foolish and coward decision for taking his own life.

Despite something like this has happened in the past or can happen, I still find it difficult to believe OP because he posted no link to show us the authenticity of what he posted.

If a gambler makes a mistake, he will have to pay the penalty for his mistake. If he bets with money that he cannot afford to lose, it is natural that an unstable environment will be created there. Here he cannot blame anyone. Moreover, a gambling platform never expects anything like this. The gambler must be considered. Maybe he has lost some money that he needed due to his mistake, but that money is not valuable more than his life. He may have to face difficult situation for some time, but if he lives, he will definitely be able to earn that money. Those who want to risk their lives for a little money are never healthy people.

If this person wants to sacrifice his life after losing 15 thousand then this is his biggest mistake. Maybe this person is very ignorant and does not understand gambling well due to which he gambled more money than his income and lost. I think that this person may have been tempted by someone, due to which he gambled with more money, to make more profit but it turned out to be completely negative. It is clear that this was the biggest mistake for him and he may have lost his money and mentally broken due to which he thinks of sacrificing his life. I think that gambling should never be done with your own money, because in this he may face various problems and this person may not be able to handle his greed due to which he did this thing due to greed.

It is sadly if we see someone who decided to end his life because of his losing in gambling. That person doing something that is not worth to do because he can use that money for his family and live happily with them. But we know that people tempting to playing gambling because they see some people win much money from gambling so that attract them to follow. But the outcome will not be the same because winning in gambling needs luck and not many people can win much money in just one time they playing gambling.

That's the stupidest thing that we will do in our life. It's nonsense. To anyone who is thinking about doing the same, think twice or 100 times and see the future of your wife and kids first before you do it. To those who are still single, imagine how many things you could still do in your life before doing it. There's always hope and all we have to do is change to a better lifestyle.

My take: I am against using this stupid method to clear all our problems because we have just started a problem for the people who love us and care about us. It's just money, we can always recover from the loss but ending our life means not giving it a chance.

Greed comes to anyone middle class or lower class, all the same when gambling but some of them do not take it seriously. Who will be blamed for this suicide incident? if not the gambler himself who cannot limit himself from his finances. I have witnessed many cases of suicide due to gambling whose losses are still under $ 20K, the main factor is taking gambling too seriously and using borrowed money. So it is not surprising that the saying "gamble with the amount you can afford to lose" tells us to be aware so as not to ever use money beyond our capabilities.

Many people mislead themselves when they think that gambling is a short cut to riches, especially when they hear about huge wins by other people. They don't know that the people that hits jackpot in gambling are very few compared to the multitudes that played the game. I believe that some of these people that gambles with huge amounts at once are not experienced gamblers, if they were they'll never use very huge amounts, unless they're super rich. The aftermath of such drastic decisions are depreciation and in the worse case suicide. Gamblers should always use amounts that they can afford to loose to gamble.

This case is an example of what can happen if you break one of the most important rules: you can only risk the money that you don't mind losing. Well, here I really did not understand whether there was a suicide or was it just a suicide statement? These are two very different things. A real suicide never announces that he is planning to commit suicide. Hysterical individuals who really just want to draw attention to their person announce suicide.

That's why is always necessary for us to gamble only what we can afford to lose, so that even if the game didn't work out as plan you would be able to control yourself. As a gambler it's essential to understand that gambling is not a get rich quick scheme, the problem most gamblers are having in gambling is a result of seeing it as a source of income, without realizing that is a game of luck. However, as a good gambler once you see gambling as an entertainment or having fun you would going to enjoy it without experiencing any harm.

That happens because people think they can solve their problems if they outsmart the casinos and get rich from gambling. The moment they have this mindset, it means they are about to mess their lives irreversibly. Their family members and lovers should talk sense to these people and explain why gambling is not a solution to their problems. If they keep insisting on not listening, then they should ask for professional help. It is sad people are committing suicide like this. We gotta get smarter. I blame bloomberg

For me it's not about greedy, it's about yourself can't control your gambling habits. There could be some of us we really have a annual income of that kind of amount and yet we only gamble the money that we can afford to lose and then not really betting our entire savings which is really big whatever angle you look at it, at $150k.

And so with that, he can't take it anymore, maybe he was thinking that he ruin his lives and his family and so the only solution that he thinks is to take his own life. But he totally forget that he will left his family with so much despair specially his kids that will grow up without a Father and maybe it will haunt them for the rest of their lives losing him in gambling.

What the OP said is one of the biggest risks that exist in gambling, not only can you lose, property, work and also family, even someone can lose their life due to the impact of gambling, with an income of 40 thousand per year and spending 150 in one bet, isn't that a pretty crazy decision?
This is why we must have limits and also responsibility in gambling so that we don't make stupid decisions by making bets that are actually greater than our income so far, honestly, if you look at the man's income and the amount of money he bet,  I suspect that he had taken out a large loan or even spent family savings on gambling, so that in the end suicide was the solution he took as a shortcut to get out of this burden.
If the money was a debt , can you imagine how much of a burden his wife is under right now on top of having to take care of his baby, isn't that pretty pathetic?

As the saying goes, if you are too greedy, you will be destroyed. Same thing happened here, the woman was too greedy. If his annual income is $40k, how did he bet $150k on one bet? So many people recommend not to gamble with more money than you can lose. And gambling is good for entertainment. The woman tried to get rich quick. In my opinion, $2000 was enough for that woman to spend on gambling all year. But he lost $150k in one bet which is painful.

However, what we should learn from this man's case is that one should not be too greedy in gambling. Don't spend more money on gambling than you lose, so that you won't regret it if you lose a gambling bet.

It only leads to suicide if the person isn't in the right mind in what he is trying to do. I think he has mental problems and a gambling addiction and decided that it's the way to having a successful life, but in the sane person, I don't think that's going to be the case. Addiction leads to suicidal tendencies. At that moment, he probably didn't know what to do and could not bear the fact he had done that act and just decided to end it all. It's the burden that he has done but not thinking it through.

He want to make a big win from gambling so he willing to risk his money by playing gambling. Maybe he is in a hard situation which he really need money to fills his needs so he thinks that gambling can be a way to make money.

It is not worth if someone doing that especially if he say that is for his family. That is why we must always remember that gambling will not gives much money but only lose your money easily. People can playing gambling but with limitation so they will not think to chase the win and control their greed.

The majority of people who experience incidents like this are people from the lower middle class. His decision to bet a large amount in one bet was due to greed in wanting to get a large amount of money, but he forgot one thing, in gambling there are always 2 possibilities, winning and losing.
Maybe he couldn't control his emotions and became depressed due to losing a large amount, or maybe the money was a loan that made him choose a dead end and end his life.

I’ve heard stories like this before and it is very tragic. You should never bet enough to where you would consider hurting yourself depending on the outcome. That is someone either in a very desperate situation, or that has severe mental problems. I don’t think it is just about gambling. Gambling is supposed to be fun…

Damn thats tragic. Probably he is desperate already to win, its either the game is a 50/50 chance to win and his aiming to win the money he bet easily but turns out not gone his way. Of course everyone would be shock to lose that kind of amount, even me if I lose that huge would know what to do but not to the point that I take my life. Im worried on the part that he has family how about them, the guy didnt think about what happened to them.

This is what excessive and uncontrollable gambling can cause, how on earth will a gambler that has control over the event his into take such a dangerous move, people do forget something's once they involve themselves in gambling, it is too bad, gambling is in a way that one should even understand that it is not a do or die affair, you don't gamble with the mindset of not losing, it is a no no mindset for me, so why will someome with such annual income decide to make such a financial mistake all in the name of doubling or trippling his money what a financial recklessness, sometimes most news about financial reckless in regards to gambling baffles me, so do this kind of people really think from the right side of their brain or do they just do this things because of the greed that occupy their mind, though addiction isn't a joke but this addiction is as a result of individual gambler failing to understand what gambling is and what it can do to individual menatal health if not carefullly handled, just imagine what this person has cause his loved ones, it is a pity, this cases of addicrion should teach gamblers lesson not to go too extreme to avoid considering taking some unnecessary decisions.

Again and again, this is the umpteenth case of someone taking a dead end by committing suicide to end the suffering due to their mistakes when gambling, they are too brave to take risks but are unable to accept the consequences of the risk itself.
Addition to the greed factor, there are also those who are pressed for needs and to enrich themselves and most gamblers with this approach always fail, everyone who sees and reads news like this can take the positive side where they get the awareness that gambling beyond their abilities and not being able to accept losing money is mistake that must be avoided.

Nobody can confirm whether this story is true or not without the link to the actual story. It also lacks details. What was he betting on, by the way?

It seems it wasn't simple greed that made him do that. It looks like he made the decision because he was confident. Probably it was a low-risk low-return bet. So, the way to make a good profit is to bet big. He could have gambled on sports betting, choosing a huge favorite to risk his savings on. Or perhaps on the likes of dice, setting the chances very high to be safe.

The lesson is that if we only invest in Bitcoin what we can afford to lose despite it having a solid track record as far as ROI is concerned, how much more to gambling, right?

Simple. Hope. He has a baby and probably needs money. What could possibly be the easiest way to earn big money other than gambling? It is possible it just did not happen to him sadly.
Is there anything to say? We already know that gambling this much amount is a bad idea. We do not know his entire situation. Maybe he was already suffering from an addiction and depression. One does not give up on life that easily unless he has been beaten down by life already before this. I send my thoughts and prayers to the wife and the child.

Sharing a link would be nice but anyways, losing a $150,000 on a single bet when you're earning $40,000 annually surely is a big hit towards the gambler. What's even worse is that he has a family to support with and now, he decided to leave them FOREVER.

Quite unfortunate, but for me, hearing stories like this especially if it's a gambler is becoming a norm already. I mean there are some gamblers out there who are spending way more than they can afford to lose hence, reaching to a point where they will just take their life because they can't handle it anymore. What's my take? Hmmm, I guess more of this will happen in the future. Many gamblers will be taken by their emotions. Many gamblers are greedy enough to take their life when they lost a huge amount just like what happened with the OP has shared.

Why did the gambler put it on a single bet? Maybe because he lost too much already and he want to recover it all on a single bet, hence, doing that thing.

If his annual income is only $40k per year why did he gamble with such a large amount of money? Isn't that almost 4 years of his income which means it is his savings. It is really stupid if he wants to double his assets, he should not gamble but invest in stocks or gold so that he can get profit gradually, if he gambles he can get rich in an instant but if he is not lucky he will also be poor in an instant too, the fact that he committed suicide and left his wife and children already reflects that he is someone who cannot take responsibility.

As said news you should have also dropped us a link to read through too because the official source narrating of such sadden stories could help next victims planning to take such decision of taking their own lives too.

Regarding that this has not become something new, we still don't have to look away from it because all lives worth to live. Especially such with responsibilities of families and children taking their own lives at the course of frustration and shame of being indebted or loosing their life savings at the course of chasing riches in gambling.

Let it be reminded that taking your own life is not the best decision because who stays alive and effortlessly strives on making good changes are potential to overcome those challenges. Just matter of time.

These recent and past suicidal events of gamblers taking their lives should serve the rest a big warnung to always bet what is affordable to loose because no amount of money is worth a life.
I feel pity for the deceased family.

Something is strange here, how can a person bet 150k in just a single bet? While he is earning 40k annually can he earn the 150k in working for almost 4 years?!!!
This is not normal anymore; it's like he bet his whole life on just 1 single bet, and it ended badly, this is already out of control and the worst loss I ever heard based on the bettor's situation not unless he can earn that 150k in just a few days/weeks like it's just cents for him to lose it.

It’s very hard to get over with this kind of loss since this loss is almost 4 years gross salary and probably he saves this for more than a decade of work since he has other expenses for his family.

This guy probably experienced minor losses then get greedy on chasing his lose quickly that turns out to become a disaster loss. I experienced this kind of feeling during my newbie days using the money I earned on crypto investments that was supposed to be a year of my salary at work.

It’s very hard to cope but I manage to find way to recover through another series of investments on crypto and avoid gambling for a long time.

We should get rid of the foolish lifestyle. Why do some people have the wrong view of their most precious life? Gambling is an art form, once you start abusing it, it will throw you out of the circle. Gamblers should continue their activities for fun by applying their own strategies and placing small bets every time. If greed in you is excessive and the main purpose of earning is to earn money, then it will definitely wreak havoc in your life.

You have seen many cases in the news where people commit suicide or become mentally disturbed and because of these people, others have a negative perception of gambling. Actually, when you gamble, it should be that you do not bet a large amount of money. Your mindset should be that you are going to lose in this bet and spread it in other bets in small amounts.

Unfortunately, this behavior is very common among gamblers. Wherever you go in the world, you will meet a gambler like this. Something similar happened in my country (Turkiye) recently( Maybe 15 or 20 days ago) . A boy who gambled away the money his father had sent for the treatment of his sick mother (cancer) committed suicide. When the ambition of people combined with gambling addiction only one result will appear; destroyed lifes. Not only one person's life and his/her relatives will affected by it.

Greed is a powerful force that can lead to impulsive and destructive decisions in gambling. This person was certainly driven by greed and possibly the illusion of a big win. He gambled a significant amount that far exceeded his annual income (almost 4x what you reported) due to an irresponsible decision combined with a lack of financial management and an inadequate understanding of the risks involved.

Obviously, this decision created an unsustainable financial situation and the financial pressure combined with the shame and regret may have been too much for him to bear, leading him to this extreme decision. The worst part is that this is not an isolated case. I think I have read at least 5 or more reports of similar situations, all from people with wives and children.

However, the warning is always about the importance of responsibility and risk management in gambling. We should always play only with money that we can afford to lose without compromising our financial obligations and personal responsibilities. Greed and the illusion of quick gains can lead to irrational and disastrous decisions like this one that sometimes end tragically.

The gambler got desperate, because the loss of a single bet resulted in the income he would have to work almost 4 entire years to recover. Moreover, he had a family to sustain. Those could be the savings to be used for the educational future of his baby, besides the welfare of his wife. And we don't know if he had already lost further amounts of money before placing the 150,000$ bet.

Potentially, the answer is positive, considering to place a bet of such size is a clear demonstration of a final and desperate move by him in order to recover previous losses and return to the game in a good shape. He saw no exit for the trouble he got into and did what he did... That is very unfortunate, because if he had cooled down his head and thought about the matter in a more rational way he would have found an alternative.

40,000$ annual income isn't bad, and with proper management he could overcome the losses in some years, while treating the gambling addiction and compulsion.

If you had dropped a link to this story, it would have been much better but this is not the first I have heard of this scenario, in my country last year, a man borrowed money to gamble and he lost everything with high expectations that he would win so he could pay back his debt but his hope was dashed and he committed suicide. The post has its link on this platform and if I come across it I would edit this post and put it here. I believe over expectations, disappointment, and the money used in gambling cause all these sad news after failed games.

Sometimes, people who take such a risk to gamble such an amount of money must have gotten the wrong advice or information which led them to use such an amount of money to gamble with high expectations and when they end up losing, they get frustrated and commit suicide leaving their families to pay back the debt they took for gambling.

That is gambling though, maybe it will be good if you provided the link so that we can have more thoughts on what the man gamble that hug amount of money in a single bet, what kind of games it is because I don't understand that someone will go all in a single bet when everything is on the line. And most likely he can't take that big L that's why he decided to take his own life.

Just very unfortunate and sad news to hear because of what he has left. Obviously, any gamblers take here is that we shouldn't do this, there will be other ways to survived in this life even if we lost everything in gambling. And for those who are in the same predicament, we should just think that there will be always a solution. I know it's hard to quit gambling, but it could be a good start if we lost big money.

He's addicted, he's greedy and he's lost a lot. And that's why it took me to lose 150k in total because he thought that he'll recover that. This is another sad news. Every gambler should have a budget on how much max loss they can have. Because if not, we'd be insane and we will never recover the amount that we've lost already. That's why if you're up for it, you'll never get to the end point of it because the loss will be having on top of it with another loss. It feels bad whenever there are news like this. To the addicted gamblers there, don't waste your life.

People often find themselves in a choice, the potentially better life is achieved with financial problems, or the uncontrollable emotions bring the desire of a better life. The decision of the amount is not only the risk but the desire that can come from the necessity to effect the change in the short period of time. However, when it comes to result missing one feels desperate especially until one feels that he or she has lost direction. This proved that due to life’s pressure one can take risky decisions and do not look at the consequences. Such things prove that even a minor mental or emotional pressure can alter choices made and people should not dwell alone as they are never alone in struggling.

Do not make such conclusion. The OP does not included any link and we can not just completely go for what he posted. I think he did not lost the money at once. He will start with some amount of money and lose. He will want to recover the loss and continue to gamble but lost more money until the money were all spent on gambling.

Only a retard would do that and end his life, you are making paycheck to paycheck and decided to bet it on a gamble? He's probably not thinking straight during that time and ending his life wasn't the answer considering it's all just a money. This is madness and people need to wake up that gambling isn't the only key to take risks on something especially if that's the lifeline of your family.

Humans should know that there is no setback that befalls on anyone that is worth taking your own life. That’s not a good etiquette and that shouldn’t be condoned whatsoever. Now that he has taking his life, he has now left a widow and and orphan behind which their own life may become miserable as a result of this. He gambles more than he can afford to lose and that was why taking his own life was the only option that came to his mind. Seeing the figures of salary he earns, we may as well say that he’d borrowed the money and was looking for an escape route out of the big disaster he has fallen himself into. What a very sad loss which he shouldn’t have done.

How can one use his 4 years salary to bet on a single bet? That's absolutely crazy. This is reason why we are constantly reminded/warned not to gamble with our life's savings, to gamble only with what we can afford to lose. In this case I cannot tell if it was greed or addiction but this is a warning to us all to look before we leap. There are decisions we'll take that does not only affect us but also our dear ones.

To me, this case doesn't sound like a case of addiction, considering the man's annual income, and the amount that was risked. Because if someone literally gets a total of 40K(of whatever currency), and risked 150K, then it's likely a story of trying to go all in at once. It's quite unfortunate, but like I will keep saying, suicide is never a last option. Probably, he must have messed around with his life savings, and maybe that of his wife and friends around, but the whole thing didn't go as planned.

Trying to go all in is a very common greed these days. Of course, it gives more profits, but like I will keep saying, some risks are not worth taking. Whatever game he placed bet on looks 100% certain to him, but at the end, the negative side of gambling happened to him. Now, he has left behind children in a world that demands good and complete parenting. It's quite sad though.

If I am correct about my guess is he bet it in one go hoping to win huge but there's also a possibility that he may have set it to max or the wrong amount and it set to that amount which he lose hope and lead to suicide. In my journey, it is not easy to stop gambling and I aks family for help and finally stop because if I hadn't had help then It may cause stress or losing hope. We really can't help since it's in human nature to be greedy.

I am not actually trying to judge him or belittle him for what he did to himself, though. I was just trying to make some sense out of it, finding reasong for someone to deal with such amount of cheer desperation and loss of money, which leads them to die by suicide.
Anyone who mocks suicidal people or people who have taken their own life are mean and even disgusting, for lacking the minimum of empathy one expects from another fellow human being.

Gambling is a very serious addiction. This gambling game gradually pushes people towards addiction and at some point people decide to commit suicide along with many bad deeds. Here the person who gambled and lost 150 thousand taka in gambling, the person actually gradually became addicted to gambling. Finally, finding no other way out, he chose the path of suicide. However, instead of choosing the path of suicide, he should have chosen the path of getting out of gambling and getting out of addiction because if he had an annual income of 40 thousand taka, he would have definitely been able to live a good life. To me, it seems completely stupid that they chose the path of suicide.

We've kinda been over this.

Gambling is a plague if left unchecked, but also extremely hard to keep at bay because many people are at different levels of desperation.
Try to consider that society in general is lacking in providing support to those most in need.

If we could keep our hospitals, public health systems and mental health services at sufficient levels then these issues would be much less common. Social gambling would very rarely result to suicide because it would never be so extreme. Yet now, having removed the social aspect, we see all kinds of bad things happening.

After spending several months and years just to save up an amount that could have helped him in the future after retirement, he just woke up one morning and allowed his greed to control him.

The reason why the person took his own life was after thinking and checking out where they would start from after losing such an amount to gambling. All I could say to this situation is that the person allowed himself to be controlled by their own greed.

We can't really judge that person who took his own life because we don't know the desperation or depression that he was going through. Someone close to him or his immediate family member should have seen his unusual behavior. However, most of the time, it is already too late for them to know what he was dealing with. Also, some won't care up until the person was already gone.

In my humble opinion, someone who decided to take their own life after suffering a gambling loss had already an history of suffering from mental illnesses and they were never supposed to step into a casino in the first place. Someone who is mental stable and suffer such a huge loss would not try to end their life as a first option, they would try to find more money to chase their losses.
I am not a doctor, but it is very likely this was a poor man who suffered from anxiety, depression and other undiagnosed problems, and decided to cope with all of it by partaking in gambling and going big in his bets/wagers.
Regardless of what he suffered from and what he did, I hope he is in a better place now, where he cannot longer suffer. 💔

First, I actually feel sorry for the children and wife who became victims, yes they are the real victims of this incident, they have to accept the bitter reality of:
- losing a husband, and a father figure.
- confusion about the income they must still have for them to live
- Sadness, shame, and of course anger mixed into one
- Can cause trauma to children, and, fear is bullying from their environment due to the stupidity of her husband,

hopefully this does not happen.

the point is, whoever it is, please! don't be greedy and don't expect to get rich from gambling to be able to multiply your money in an instant!

this is another lesson for us, that we must be much calmer, more realistic, and also strong in our stance when entering the world of gambling, yes, it is mandatory to have risk management and also stable emotions so that bad things like that don't happen.

You need to include the currency on the figures you posted so that we can at least have a basic idea of how much the money is worth, remember 150k may be a lot of money in my country whereas a small amount in other countries depends on the economic realities and rate of local currency values.


No amount is too big enough to worth taking one life for and, the guy who lost that money and took his own life may be suffering from some mental illness that is different from gambling addictions, maybe he also drugs if not a sane gambler will continue to gamble when you have lost a lot ready.

There are so many threads about people who committed suicide after losing huge amount of money in gambling and just like we deliberated on those threads, it can be depression, using money that do not belongs to them to gamble, accumulating large debts just to fund their gambling and many other reasons but one advice that is always given to every gambler is to gamble responsibly. No need to take a loan to gamble or money that does not belongs to you or go extra length to get money just to gamble. Gamble with the little as you can such that when you lose it won't cause emotional problems to you.
       Imagine earning 40k and using 150k to gamble isn't that stupidity? Now, he has made his wife become a widow and their baby become fatherless just because of careless and reckless gambling. I weep for some people who act like they don't care about people around them without knowing the stigmatization they can cause those people with the kind of blind decisions they choose to take as a result of the situation they find themselves. Whatever circumstances that surrounded the decision he took, taking his life is not the best because he has now caused more terrible situation for himself and his family.

I wonder how people think in myopia about what live entails in its entirety and how people have taken suicide for granted. My warning to myself and everyone else is never to think suicide as an option to expressing one's pain over a misfortune. Taking your soul all by yourself is the worse thing you could ever do to yourself and it will cost not only you the pain but the family you left behind. So it is never an option towards running from your problems or inactions.


Exactly. Greed overing around him. If not for greed, no one will result into taking such a monumental risk on a single bet. I have a principle towards life. I don't expend a bill I cannot afford to repay with my earnings in a short time. I spend within my means and take loans within my means having known clearly what I earn and the capacity I have to pay back my debts.

This is the problem with some people, they always gamble above their means, if you don't have your personal business or if you are not if you are not financially stable you are not supposed use more than 5 to 10 percent of what you earn monthly to gamble because anything can happen, any money that goes into your bet account can be lost. It's quite unfortunate that he committed suicide leaving his family behind. One thing we must learn to do in life is to face the consequences of our actions, it's going to be hard to correct such huge mistakes but killing yourself isn't the way out of it.

Not surprising or shocking on which this could really that happen on someones life but its not really that just right on taking up your life because of money. Somehow its really that easy to say but when you are on such difficult situation on which you have exhausted or bust up all the money you do have then you will be thinking up on having that suicide to solve out the problems specially if you have that spend up all the savings you do have because you've been believing that you can make money or be able to cope up all that you have lost on it and which we know that the odds is really that against us knowing gambling on which house do always win at the end and there's no way that you can be able to assure yourself that you will be that included into the positive side of things. It is really just that what makes us desperate whenever we are on such condition. This is why its really that important that you do really know on what you should be gonna doing at the moment that you do get involved with gambling. Never ever spend up on the amount that you cant afford to lose, because at the moment that you do go outside within those limits then you are bounding on facing up that huge issue or problems on which it might lead up to suicide if you do find yourself not be able to resolve out such issue or problems.

I think that this is a stupid and ill-considered act, one family member managed the general budget without consulting with others, as a result, he left them with problems that they will have to solve for many years. It is surprising that having many factors that should have stopped him, this is his family and children, he still made such a choice. And yes, I would like you to add a link to this news, maybe there are some other things that happened in this story.

The main reason for spending that much for gambling is either the ones who's doing it is addicted to gambling and on other hand it's someone's greed that forces  a person to go for a huge bet and such bets mostly end up as losses. However, someone who's really lucky will win even such high value bets.

I feel Sorry for the family. For someone to bet such an amount on a game
They have thought it true
Go hard and make it or end it all
I wouldn't be surprised if they were on a debt and believe this would end everything and may grant a fairy like ending.
Sigh, Now he's free but the family ain't
Again why addiction is something to be careful about and seek assistance on.

My take on the matter is that it is depression that led to his suicidal ideation and him eventually killing himself.

Gambling loss is inevitable however in the cases that I have read of gamblers committing suicide it has been that there was a co-occurring mental health issue before it. The man or woman who does this is usually, single, lonely, experiencing other lives dilemma. Blaming it solely on gambling losses is incorrect. What is the state of their mental health even though outwardly the look like they got everything going on for them. They can even have family crisis and at the edge of a divorce from their spouse. There are other factors involved aside a gambling loss.

Its a pity that he thought of all hope being gone and then commit suicide instead of taking up the challenge to learn on how he could possible make refund for the money, this will also serve a lesson to many of us, who can use other peoples fund in our care to gamble, am not also pleased with eh way he left behind his wife and child just because of his own stupidity he could have waited to pay for the price of what he did than leaving and outing his family in jeopardy.

People are too quick to react in a bad way when they lose money that they can't be able to pay back or take the reality that they lost that huge amount of money. Committing suicide doesn't solve any problem because while you're gone out of this world, you have your family still in the world to take all the blames for your actions because they'll have to pay for the losses assuming the money was borrowed. And if the money wasn't borrowed but it's yours, why are you taking your life when that money can be made back. Suicide shouldn't be an option for us and we can avoid being in this situation by gambling in a responsible manner, don't over stake money that we can't avoid to lose because we are going to lose at some point when gambling and don't believe anything that others tell you about a game being guaranteed for success, only believe in your own self.

Although you didn't provide the link of this story but from your content, I think he gambled under pressure because he might have something he wanted to use big money for so then he decided to gamble because he believe that gamble can provide the amount he needed to sort what he wanted.
If he gets 40k from salary, gambling 150k is not reasonable for a responsible gambler because that's a huge amount for him and he can not afford to risk it. Wish the link was provided would have known if he wagered all of them at ones or gradually.

There have been warning for people to always gamble within their means and not gamble above their weekly, monthly or yearly income at a straight bet. It's always advisable to gamble with the amount that they can afford to lose than gambling with such huge amount, knowing too well that gambling is a game of luck and chances which we can't define the outcome to be true or false.
This case would also serves as another warning to people who allows greed to control them over their gambling activities.

We do not know what is behind this story. Maybe he already had gambling debts or for other reasons and that was the reason for the high single bet. Someone who has a good life and a comfortable financial situation does not suddenly go crazy and gamble everything he has and more on a single bet. There could be mental problems behind it, drug problems, etc. Without knowing more we can only speculate.

This is more than addiction because how will he use almost 4 years of his annual income on a single bet. Did he think that it was a sure bet? Greed was what made him commit suicide, and this should be a lesson for gamblers that thinks there is a sure bet somewhere. Addiction might also be the cause of his wreckless action. No one should put the blame on gamble.

He had thought and high imagination made him fall into a black hole. Maybe his imagination that he would win and the amount of money he won would make him realize what he had been holding back all this time.

Since this issue we do not know the type of gambling, then my opinion about this issue, he was too stupid for himself. The stupidity may be that he did not understand the type of gambling being played. The other may be that he had surrendered to the conditions between finances and needs. Or he was too greedy with his lust.

IMO might be that he's planning to win huge amount and use them to do something important but unfortunately it didn't end well for him. However this is not new in the gambleworld anymore because lot of this things has been happening way back and this can't be last of it. Actually committing a suicide is no the best thing to do after losing everything you have worked for while you gamble.. The best step to take is visit a gamble counselor for advice because such persons will encounter some trauma after losing everything he worked so hard for. 150k is a huge amount for a gambler that gets paid of 40k per month, that's the amount such person can not afford to risk but he did risked it and it didn't end well for him.

This is legitimate news spreading in social media and it's not in English which is why I didn't share the news, if I found the article talked about that in English, I will leave the link in the first post.

Also this triggered the wave against the social media influencers who promoted gambling apps with false claims like they won an amount on their first bet in a platform and bought their dream car/house, etc which are obviously lies but it's pathetic to see how people believe in such lame story and try to replicate but end up badly or even worse.

If you want to become rich then gambling is not the solution should be the moral from this incident.

He just prove he gambled all the way. First he risk his money and now he also risk the future of the baby. Some of us just double down to play the game, carelessness I think.

Even when they say go big or go home, you still have to calculate your risk whether its worth it that you will not eat after losing the entire savings you keep for years.

Suicide is not the solution to gambling loss, shame, and guilt. It is a selfish thing that leaves your family pained and hurt. Your family will always love you despite making stupid decisions and that is not the worst crimes in the world. Gambling addicts should seek help. Gambling addicts should not be stigmatized. There are other ways out.

You need to include the link of the news if you want people to believe that what you are talking about is true.

He wants to double or maybe triple his money. But he lost instead. People should not gamble because of money. $150 thousand is enough to establish a very good and lucrative business.

This should be a case of addiction which was not controlled. The player here could have tried professional help to get him out of his addiction but he ended up playing one game too many and could not face the repercussion of his actions leading to suicide.

With a story like this you should also share your source for those that will like to read it up themselves.

- Jay -

I saw a news today about a person who decided to end his life after losing around 150K in a single bet, the person is an average middle class with a wife and baby and his annual income will be around 40K (max) then why on earth he decided to bet that big amount on a single bet. It's evident that his greed forced him to take such decision but as a result he lost the life and leaving the loved ones stranded. What's your take on this matter?