Gambling until you go totally broke | Bitcointalksearch.org

Albarq

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Quote from: Zlantann on March 23, 2024, 05:02:46 AM

Your friend is suffering from a gambling disorder which was why he couldn't control the urge to gamble until he lost everything he had at hand and in the bank. I suspect that your friend was chasing losses which was why he lost all.

by assuming that our bet will win even though that is the last bet wehave one of the last bets we have is my experience of hoping to win the bet and that is indeed greed, whereas the last one is indeed a mistake made and not thinking long, the point is, what will happen next is what is in our minds By not being in a hurry, at the end of everything is lost and nothing remains, which is a valuable lesson for us not to rush into betting.

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Quote from: boyptc on March 27, 2024, 03:57:13 PM

Quote from: Quidat on March 27, 2024, 03:36:18 PM

Quote from: boyptc on March 27, 2024, 03:27:47 PM

Those people that are like what OP described are the ones where we can pick a lot of lessons. Not everyone is going to be broke in gambling if they have discipline.

But going onto that point which isn't really new at all becomes a trend when emotions are too high. Don't let your emotions control you because no one is going to help you at these trying times.

When you're the one who chose that situation for you. So, survive it on your own and learn big from it.

Its not really something you would really be needing to mess up your life with before you would really be able to make yourself that learn those things on which we can be able to picture out into those
people who do have able to experience the worst on gambling on which people would really be that trying to see and reflect for themselves on what are the things that they should gonna do so that they wont really be messing up their lifes with on the time that they would really be dealing up with gambling. Gambling isnt bad if you are really just that responsible. It do really just turns out that there are people who dont really care that much when it comes to possible outcomes or things that would happen to them as long they could really be able to play gambling then this what matter the most.
REgrets and learnings do really happen in the end of the line and not from the start.

They will reflect on it later on and will see their own fault. These gamblers that have a shoulder to lean on will keep on messing with their lives.

But when they realize that there's no one going to help them and they are on their own, that's when their situation gets more serious.

They'll be obliged to do it on their own and solve their own mistake by not asking anyone to be there for them.

I don't think so? There are a few gamblers who, even though they have been separated from their family or are no longer receiving help, they still continue to gamble as if nothing had happened, they continue to enjoy gambling life, and when there is no relative to help them, they gonna approach other people even if it's not a relative and what's worse is they do bad things just to get money to gamble, They don't know what's right and wrong anymore,.maybe that's how it is when you have a severe case of gambling addiction. I know someone whose wife and child have left him but seems like he doesn't care about what is happening, gambling is more important to him than his family.

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Quote from: Quidat on March 27, 2024, 03:36:18 PM

Quote from: boyptc on March 27, 2024, 03:27:47 PM

Those people that are like what OP described are the ones where we can pick a lot of lessons. Not everyone is going to be broke in gambling if they have discipline.

But going onto that point which isn't really new at all becomes a trend when emotions are too high. Don't let your emotions control you because no one is going to help you at these trying times.

When you're the one who chose that situation for you. So, survive it on your own and learn big from it.

Its not really something you would really be needing to mess up your life with before you would really be able to make yourself that learn those things on which we can be able to picture out into those
people who do have able to experience the worst on gambling on which people would really be that trying to see and reflect for themselves on what are the things that they should gonna do so that they wont really be messing up their lifes with on the time that they would really be dealing up with gambling. Gambling isnt bad if you are really just that responsible. It do really just turns out that there are people who dont really care that much when it comes to possible outcomes or things that would happen to them as long they could really be able to play gambling then this what matter the most.
REgrets and learnings do really happen in the end of the line and not from the start.

They will reflect on it later on and will see their own fault. These gamblers that have a shoulder to lean on will keep on messing with their lives.

But when they realize that there's no one going to help them and they are on their own, that's when their situation gets more serious.

They'll be obliged to do it on their own and solve their own mistake by not asking anyone to be there for them.

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Quote from: Fivestar4everMVP on March 23, 2024, 04:35:56 AM

A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?

Well, obviously, your friend has an addiction that is hidden in his character. And you may have lent him money because you may have felt sorry for him. It's hard when you have an addiction and your work is affected.

Of course, he has the feeling that the money he has is limited, and he will think of gambling as his last resource so he can earn a big profit with the small capital he has.

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Quote from: boyptc on March 27, 2024, 03:27:47 PM

Those people that are like what OP described are the ones where we can pick a lot of lessons. Not everyone is going to be broke in gambling if they have discipline.

But going onto that point which isn't really new at all becomes a trend when emotions are too high. Don't let your emotions control you because no one is going to help you at these trying times.

When you're the one who chose that situation for you. So, survive it on your own and learn big from it.

Its not really something you would really be needing to mess up your life with before you would really be able to make yourself that learn those things on which we can be able to picture out into those
people who do have able to experience the worst on gambling on which people would really be that trying to see and reflect for themselves on what are the things that they should gonna do so that they wont really be messing up their lifes with on the time that they would really be dealing up with gambling. Gambling isnt bad if you are really just that responsible. It do really just turns out that there are people who dont really care that much when it comes to possible outcomes or things that would happen to them as long they could really be able to play gambling then this what matter the most.
REgrets and learnings do really happen in the end of the line and not from the start.

Fortify

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Quote from: Fivestar4everMVP on March 23, 2024, 04:35:56 AM

A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?

This sounds like a terrible way to live your life and is a prime example of somebody who has reached the depths of their addiction. By giving money to someone in this state you are just enabling this bad behavior even further and in this case would just be donating money for that purpose. The fact that he has burned his bridges with all other friends and finally got around to you is an indicator that he does not really care for others. You say you believe he was lying as well, which is not going to improve his position. You won't be able to comprehend what would drive a person to spend up all their money, because it is not something that a person thinking clearly would ever do, but unfortunately there are few ways to help people at this stage - they need to burn out and hit rock bottom.

boyptc

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Those people that are like what OP described are the ones where we can pick a lot of lessons. Not everyone is going to be broke in gambling if they have discipline.

But going onto that point which isn't really new at all becomes a trend when emotions are too high. Don't let your emotions control you because no one is going to help you at these trying times.

When you're the one who chose that situation for you. So, survive it on your own and learn big from it.

lizarder

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Quote from: Fivestar4everMVP on March 23, 2024, 04:35:56 AM

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and keep that money for something more important?

For this problem I did not see openly about people who went bankrupt because of addiction in gambling, but I listened to that had happened in the people closest to me before. Personally I am not an active gambler so that it does not have such experience, but has suffered defeat in gambling by relying on the last money in my savings, until at that time I really regret and intend not to gamble anymore.

The urge to not be able to survive in gambling will give birth to problems and most people who are addicted will never want to stop despite entering the final stage of the bet. On the contrary they will risk money until the end even though in the end it ends with defeat and losing money for the bet.

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Quote from: Twentyonepaylots on March 27, 2024, 12:57:31 PM

It is sad to hear your friend go like that in gambling. He might not have planned the consequences that he might face if he goes broke or bankrupt, and that is the reason why he goes to his friends like you. Also, good job for you for lending him some money that he can use to survive the days before his salary comes. As gamblers, we should consider this kind of thing. Don't let us be blinded by greed, as we still need to live our everyday lives. Our lives do not revolve around gambling; we have our own lives too. So if you lose today, then you should be done, and let's get back to the next day. There are more days that we can try again.

Good thing for me; I haven't had a phase like that, like going broke because of gambling (and I don't want to experience it either). I always think of the next thing and always have a backup plan.

Going broke is not something to be proud of because where do you even begin? However, if the person has a job, there will be no problem; it is only a matter of time before he recovers, but that individual must stop gambling for a while because if he continues, he may find it more difficult to eat because gambling consumes everything. Perhaps when this happens, his problem will be solved. And if he lends money before his salary arrives, the following month will not be easy. Having a loan on your head is not funny. I just feel that everything is planned, and if he plans himself well, there will be no issues or challenges. Returning to normalcy. A lot of gamblers don't want to to accept their loss and that is why they keep gambling. So is a matter of choice. Then also at the same time be ready to live with what ever comes your way.

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Quote from: Twentyonepaylots on March 27, 2024, 12:57:31 PM

It is sad to hear your friend go like that in gambling. He might not have planned the consequences that he might face if he goes broke or bankrupt, and that is the reason why he goes to his friends like you. Also, good job for you for lending him some money that he can use to survive the days before his salary comes. As gamblers, we should consider this kind of thing. Don't let us be blinded by greed, as we still need to live our everyday lives. Our lives do not revolve around gambling; we have our own lives too. So if you lose today, then you should be done, and let's get back to the next day. There are more days that we can try again.

Good thing for me; I haven't had a phase like that, like going broke because of gambling (and I don't want to experience it either). I always think of the next thing and always have a backup plan.

Sure, it was pretty neat of him to help up his friend with some money in the meantime as he waits for his salary to come, but I hope OP is not particularly eager for his friend to pay back that small loan as fast as possible. Actually, you would be better for him if he considered that money to be lost in the same instant he decided to hand that money over to his friend.
One must wonder whether he actually used it to buy food and pay for needed expenses, instead of going back to the casino and further chase all those losses. Some habit are truly hard to kill for good.

Also, on having a backup plan: the thing about people whoare addicted to gambling is how they do not actually have any plan b or backup.plan to look forward to, you know. Their only plans and perhaps the most important for them is to chase the jackpot and they believe one they get it,.all their problems would be solved.

Twentyonepaylots

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It is sad to hear your friend go like that in gambling. He might not have planned the consequences that he might face if he goes broke or bankrupt, and that is the reason why he goes to his friends like you. Also, good job for you for lending him some money that he can use to survive the days before his salary comes. As gamblers, we should consider this kind of thing. Don't let us be blinded by greed, as we still need to live our everyday lives. Our lives do not revolve around gambling; we have our own lives too. So if you lose today, then you should be done, and let's get back to the next day. There are more days that we can try again.

Good thing for me; I haven't had a phase like that, like going broke because of gambling (and I don't want to experience it either). I always think of the next thing and always have a backup plan.

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I cannot say why because I have never been through it but I can say that people do that, some might say that someone single might do it because they don't have a family to take care of but that's not true, I have seen people who are married and have kids gambling away everything they have and then looking for people that can lend them some money so that they can buy milk or other necessities of his household just like your friend but your friend is single as you said.

It's all about control and patience, some people just don't have it when it comes to gambling. Even though they know if they lose what they have, they will have nothing left behind and they will become miserable and will need to ask for loans and stuff from others but they still do it, maybe with the hope that they might win but they should know it's gambling.

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Quote from: QuinielaPosible on March 25, 2024, 11:29:22 AM

I’ve got a rule: if a bet could potentially leave me in a tight spot, i'm out. It’s all about playing it safe, keeping the stakes low and the safety net intact.

When it comes to a risky bet, i’d rather pocket what i have than gamble it away. Security over the thrill, every time.

Diversity in methods and strategies is what made gambling unique, people have a unique gambling perspective. Your technique is great, but it's not completely fair for everyone to gamble this way. For instance, they are players who would want to stake more and earn big. Taking profits is fine and shows responsible gambling, but why most people don't do this is because of their gambling schedule. Gamblers will still wager back to the casino, hence they prefer leaving the profits on the site, to gamble some other times. Taking profits is like eating money meant for gambling. Though it's a nice idea, but removing all of it, is more stress. When gambling, I'd prefer to save up the profit for my next session. Then spend my normal funds, that's not meant for gambling. I acknowledge the fact you're focused on staying responsible. That shows how careful every gamble should be regarding their money. But while we take any decision in gambling, we need to think it through. Do I have any need to wager again anytime soon, after eating up my profits? If yes, then it doesn't make any difference. Don't know if you get my idea.

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I’ve got a rule: if a bet could potentially leave me in a tight spot, i'm out. It’s all about playing it safe, keeping the stakes low and the safety net intact.

When it comes to a risky bet, i’d rather pocket what i have than gamble it away. Security over the thrill, every time.

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A non-stop gambling activity, where they continuously place a number of bets, until they no longer have a certain amount of money to bet. It's crazy, but this really happens to some gamblers. The winnings they get really make them addicted to gambling for a long time and continuously placing bets. while the defeat they experience can really make them even more curious about gambling. Of course, this behavior will only cause losses in the long term and can also eliminate the results we get from gambling.

And to prevent us from irresponsible behavior in gambling. So we must be able to limit ourselves from gambling activities, so that we can ensure that the gambling activities we carry out are under good control and do not cause serious problems or negative impacts. So that our financial condition and life balance will always be well maintained. And what I mean by limits are limits on the time dedicated to gambling and the money spent on betting.

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Quote from: Gozie51 on March 24, 2024, 12:16:36 PM

Quote from: Makus on March 24, 2024, 05:43:40 AM

The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back, but that is just a trap to loose even more.

The urge to win back your money doesn't even let that addict gambler to realize that as trap and that he could lose more. Just like you have made the analysis of salary. I have seen someone, a father after receiving his salary went to gamble in a gaming house and unfortunately for him his loses didn't make him realize that to continue playing is more risky than going home. He eventually kept trying his luck to win back his salary but he didn't succeed and all he was left with was money that will barely take him home and he was despondent.

It is sure to say that one reason for more loses is trying to get back the loses from your gambling bets. The best is walking away when you are not making profit.

Unconsciousness plays an important role in these situations, or what it means is that they do it unconsciously and chasing defeat is an action or decision that results from emotional impulses where they are unable to accept the fact of losing in the previous session which in the end it is clear that emotions will dominate and those emotions will push them to some actions that actually do not make sense and will only trap themselves as you said above which in the end yes they even lose more and I think that is a case that has happened quite often and experienced by gambling addicts before.

Like the father you told me about where he was willing to spend all the pilgrimage from his job to gamble, I am sure that initially he never had the intention of spending all his money but because he was unable to accept the fact of losing money from his salary due to defeat then after that obviously emotions will push himself to risk more with the aim of restoring something that has been lost and I say that this is a typical gambler who comes with the intention to earn or maybe I would also say that he is a loser who wants to win but is not ready to accept the risk of losing. However, healthy gambling is when you are able to draw the line at the right time.

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Quote from: Zoomic on March 24, 2024, 01:15:08 PM

Quote from: Gozie51 on March 24, 2024, 12:16:36 PM

Quote from: Makus on March 24, 2024, 05:43:40 AM

The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back, but that is just a trap to loose even more.

The urge to win back your money doesn't even let that addict gambler to realize that as trap and that he could lose more. Just like you have made the analysis of salary. I have seen someone, a father after receiving his salary went to gamble in a gaming house and unfortunately for him his loses didn't make him realize that to continue playing is more risky than going home. He eventually kept trying his luck to win back his salary but he didn't succeed and all he was left with was money that will barely take him home and he was despondent.

It is sure to say that one reason for more loses is trying to get back the loses from your gambling bets. The best is walking away when you are not making profit.

It is never easy for a gambler who has once recorded a huge win to quit gambling just like that because more wins ain't forth coming. The quest to win again beclowds their sense of reasoning that they begin to think of nothing else aside winning all their games. As we know, a lot of sacrifices must be made in order to achieve what they have been chasing (no pain, no gain Grin

). Those first winnings every gambler makes can really be a trap for gamblers who are not careful. The careless ones will easily get carried away with the thought of changing their lives with money they will still lavish if they eventually win.

Gambling is not actually the problem, the problem is the gamblers who build so much hope on gambling that they are not even sure they will win, making unnecessary sacrifices just to win. Why on earth will a gambler gamble till he goes broke and still land himself in debts. Responsible gambling is not outdated, it is very necessary to keep us safe from troubles.

The real deal on here is that on the time that gamblers would really be able to experience up those loses and if they do able to hit up a single huge win then those frustrations and anger that they do have earlier
would really be wiped away and this is where it would really be restarting that they will really be needing to play even more to hit up more even more bigger winnings and this what makes this gambling
business to become that too profitable for those owners because human beings are naturally greedy and impulsive on which it comes into a point that they would really be having those thoughts that
they could make themselves that getting rich with gambling and this is something that they will really be that having that main thing in their minds.

You wont really be stopping not until you would be able to experience those things on which you havent been able to experience on which this is actually sad kind of thinking
because you do mess up your life before you would really be stopping completely which is absurd.

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Quote from: Gozie51 on March 24, 2024, 12:16:36 PM

Quote from: Makus on March 24, 2024, 05:43:40 AM

The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back, but that is just a trap to loose even more.

The urge to win back your money doesn't even let that addict gambler to realize that as trap and that he could lose more. Just like you have made the analysis of salary. I have seen someone, a father after receiving his salary went to gamble in a gaming house and unfortunately for him his loses didn't make him realize that to continue playing is more risky than going home. He eventually kept trying his luck to win back his salary but he didn't succeed and all he was left with was money that will barely take him home and he was despondent.

It is sure to say that one reason for more loses is trying to get back the loses from your gambling bets. The best is walking away when you are not making profit.

It is never easy for a gambler who has once recorded a huge win to quit gambling just like that because more wins ain't forth coming. The quest to win again beclowds their sense of reasoning that they begin to think of nothing else aside winning all their games. As we know, a lot of sacrifices must be made in order to achieve what they have been chasing (no pain, no gain Grin

). Those first winnings every gambler makes can really be a trap for gamblers who are not careful. The careless ones will easily get carried away with the thought of changing their lives with money they will still lavish if they eventually win.

Gambling is not actually the problem, the problem is the gamblers who build so much hope on gambling that they are not even sure they will win, making unnecessary sacrifices just to win. Why on earth will a gambler gamble till he goes broke and still land himself in debts. Responsible gambling is not outdated, it is very necessary to keep us safe from troubles.

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Quote from: Makus on March 24, 2024, 05:43:40 AM

The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back, but that is just a trap to loose even more.

The urge to win back your money doesn't even let that addict gambler to realize that as trap and that he could lose more. Just like you have made the analysis of salary. I have seen someone, a father after receiving his salary went to gamble in a gaming house and unfortunately for him his loses didn't make him realize that to continue playing is more risky than going home. He eventually kept trying his luck to win back his salary but he didn't succeed and all he was left with was money that will barely take him home and he was despondent.

It is sure to say that one reason for more loses is trying to get back the loses from your gambling bets. The best is walking away when you are not making profit.

Accardo

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Quote from: Obim34 on March 24, 2024, 06:00:17 AM

Quote from: Makus on March 24, 2024, 05:43:40 AM

Gambling until you go totally broke is just a sign of addiction an irresponsible gambling, and it need to be stopped else the person might even start taking loans to gamble or even start engaging in fraudulent activities to get money for gambling. And one of the major causes of gambling till you go broke is chasing after your loss. The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back, but that is just a trap to loose even more.

Yes, I would agree with you, his actions define one who is addicted or on the process of getting addicted. It may look common to him, but he doesn't know the danger and consequences of his action. You better talk him into reducing his level of gambling if it exceeds more than this, he may go broke, owe loans and probably become homeless.

The guy in the context is quite not fully addicted, but his attitude shows he could get addicted. However, we are not sure of the level of addiction he's got. It's a story he told the Op, nobody knows if his gambling friend made it up or not, to fetch money to gamble more. But, taking it as the truth, he could be close to addiction, and if he's receiving enough funds from his stories, he may end up normalizing the behavior, till he's fully addicted. Most gamblers who earn salaries, jeopardize the purpose of the money they receive from their company. However, it's not worth it to go back home with nothing after visiting the casino, looking for more money always hits the senses of the supposed gambler. Moreover, life begins to get difficult financially in the gambler's life. And he could develop some emotional troubles.

What you said, Obim, corresponds with my previous response, Op has work to do, which is reaching out to his friend. He could need serious help. Unfortunately, they may be living in a far distant locality. On the other flip, come to think of it, people also spend money on other utilities until they go broke. Going broke isn't bad, I mean, why is it so difficult for gamblers to make it out of brokenness when gambling is the cause of it? Everyone goes broke at some point, after purchasing or paying some bills. Gamblers only have to resist the urge to finish their money with no regard for other responsibilities. I think that's what affects players. The load from other bills; food, electricity, etc hits them hard. And the person will fall back into depression.

Topic: Gambling until you go totally broke (Read 875 times)