I know a lot of people who have really pushed their luck in gambling and continuously do cash advancements in the company just to gamble it all away. I think they are managing their money like this and have probably lost more than should've. I was completely aware of how he was handling his money and tried to ask me for some and I just steered away and said that I don't have any extra money.
It's saddening of people losing money to addiction and it's not what they want but they keep doing it. I believe it's something that would take someone over the edge if it's not controlled in any way.
They should probably stop if it's hurting somebody.
Topic: Gambling until you go totally broke - page 6. (Read 857 times)
I don’t think this should surprise anyone. This is just one of thousands of scenarios where people display some form of irresponsibility when gambling. This isn’t the first person to gamble away literally all the money he has and sadly, there would probably be more people who would do the same later.
Compulsive gamblers are more likely to spend all the money they’ve got on themselves placing bets. They don’t stop until all the money is exhausted. There isn’t any discipline on their finances.
Individuals like the one mentioned in the OP are either fully or well on their way towards addiction. It would be best to seek help.
Well, these people are addicted to gambling. I don't think they will stop when they run out of money. Players will constantly chase bets that lead to losses, drain savings, borrow money, or even steal or cheat to get money to satisfy their addiction. When participating in gambling, they accept countless elements of pure chance and leave their assets to the "god of luck" to decide. Act recklessly despite all risks. Despite being aware of the risk of debt or bankruptcy, addicts continue to take themselves to casinos or participate in betting to get their money back. They will never be able to control themselves.Compulsive gamblers are more likely to spend all the money they’ve got on themselves placing bets. They don’t stop until all the money is exhausted. There isn’t any discipline on their finances.
Individuals like the one mentioned in the OP are either fully or well on their way towards addiction. It would be best to seek help.
If you feel signs of gambling out of control, hope those people quickly withdraw, lest they have to repent and suffer a torment of conscience.
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?
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?
Maybe he just said that out of pride since he want to look cool into the eyes of his friends that happen on some people since they always want to boost up and gain a attention from a lots of people. Most of this guys would just realize the mistake they have done once they experience how they lost all their money like nothing left on their pockets. We can also determine that people engaging in this actions are addicted individual so maybe instead of taking to much attention with their toxicity then maybe we let them get the dose of the action they have done since once they experience to get broke for the first time for sure they would never do or decide to commit the same mistake again.
I personally do not experience this kind of scenario but I experienced spending more than what I can not afford to lose and that really hurt my pocket. But what your friends experience is so alarming and I think that is some kind of desperation or addiction.
It's not as stupid as what your friend did but I've been through a similar situation before. It was during the early days of my gambling and I can tell you that it ain't fun at all. I was also tempted to borrow but it didn't came to that point since I don't want anyone to know that I'm falling short because of gambling.
I guess we all have this kind of moment in our gambling experience and I also have this one. I was totally broke before because of gambling and that was a wake up call for me to choose the best side to live a life and make up for everything I’ve missed because of gambling. Now I know how to handle this and fortunately I was able to get it through, though I still gamble but I can manage my risk now and I can say that I’m totally a responsible gambler now. 
In fact, that is the risk if someone gambles until they lose control and experience some bad luck such as bankruptcy, they decide to gamble, which means indirectly they have to be prepared for all the risks involved.
Even though things like this often happen, we must not sympathize and help him so easily, he must learn to have sense of responsibility and accept everything with the right attitude.
If something like this happens again or there is still feeling of pity and sympathy in helping materially then he will underestimate every problem that occurs and that is the human attitude.
Problems like this should also teach us many things related to self-control, time and money management.
There are many things to consider when using money to gamble because even though are single and not yet burdened by family needs, still have to think about the long term and also save to be able to have decent life in the future.
Even though things like this often happen, we must not sympathize and help him so easily, he must learn to have sense of responsibility and accept everything with the right attitude.
If something like this happens again or there is still feeling of pity and sympathy in helping materially then he will underestimate every problem that occurs and that is the human attitude.
Problems like this should also teach us many things related to self-control, time and money management.
There are many things to consider when using money to gamble because even though are single and not yet burdened by family needs, still have to think about the long term and also save to be able to have decent life in the future.
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?
So far, I have never gambled until I went bankrupt because I no longer had all the money and types of goods left that could be used as betting material.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?
But seeing people who play until they go bankrupt is like your story. The player is old and already has grandchildren, but now that person has died.
The story begins with his habit of gambling in a place with people he didn't know before.
He brought a large amount of money and as a reserve, he told me to keep it in my trouser pocket. When the money ran out, he would take what was kept with me.
One day, I remember very well, in a very exciting situation he lost all his money, including what was stored in my trouser pocket, until there was nothing left, but he wanted to play so much that he was forced to use the ring as a bet.
You were too nice and lenient on him; I personally wouldn't lend him a single cent; it's like giving a drug addict his dose. I'm guessing that you already acknowledge that there's a high chance of not receiving your money back—not that it's a large amount, but the motive is what counts in this case. Unfortunately, having seen a few similar cases myself, this is all proof of how harmful gambling addiction is. I've never been in that situation and am not planning to ever be. I can't imagine how someone can end up like that. It's a vicious, never-ending cycle.
If I were you, I'd refrain from lending him money again. Although he might return the $20, you'll be a close contact for borrowing money in the future.
If I were you, I'd refrain from lending him money again. Although he might return the $20, you'll be a close contact for borrowing money in the future.
It's not as stupid as what your friend did but I've been through a similar situation before. It was during the early days of my gambling and I can tell you that it ain't fun at all. I was also tempted to borrow but it didn't came to that point since I don't want anyone to know that I'm falling short because of gambling.
In this concern your friend seeks financial help from you. There are many gamblers who reach out to friends with no recourse when they lose their last fortune. At that moment it is difficult to return him without giving something. Because those who lose everything in gambling they become depressed. I was also in such a situation where my friend requested me to lend him some money. When I asked him why he needed money he told me he needed money for some other work. But I already heard about him from some of my other friends. He gambles regularly. I contemplated whether to give him the money at that point and at one point told him that I wouldn't give him the money if the money was borrowed for gambling purposes. He lied to me and took the money. I gave him that day because he never came to me to borrow money. I know he gambled with my money and lost. I thought to myself that I would never lend him money again.
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 is something that is common and I have seen it more than once. First, you have to understand that he is your friend and what make you his friend is often tested in a time of challenges, like he is facing now which is gambling addiction. lending him money is just a temporary solution but the actually solution will be to help him overcome the addiction because without it, it wouldn't have gotten to the point of you lending him money. You have to make effort to advice him to manage his gambling activities in such a manner that it will not impact negatively on him. It is a gradual process and if you try you can help him overcome. Like I said before, he is your friend and what you did is nice and highly commendable nd encourage you to do more so he will be able to find lasting solution to his problem. 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?
It's definitely rough when a friend hits you up for cash because they blew it all gambling. I've had my own moments of going too far with gambling but luckily
This rough but I commend the courage of OP friend on telling the truth about his gambling problem before he ask financial assistance since he can just lied that he was financially short due to something else instead of telling the truth about gambling since it will be very hard for him to get help if he show sign of addiction which he really have.
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I've never been completely broke. When I realized I was risking too much, I stopped and kept what I had for important stuff. It's all about knowing when to pull back and take care of yourself. If you ever find yourself in that spot, it's okay to say no to that last bet and prioritize what's really important. And reaching out for support or advice can make a big difference too
The typical problem of gambler is knowing when to pullback that’s why there’s a lot of addiction cases since it’s very hard to do that in reality for people that frequently gamble. Probably you are just gambling occasionally which is why you can manage to control yourself before you become addicted but this not the case to the others.
I don’t think this should surprise anyone. This is just one of thousands of scenarios where people display some form of irresponsibility when gambling. This isn’t the first person to gamble away literally all the money he has and sadly, there would probably be more people who would do the same later.
Compulsive gamblers are more likely to spend all the money they’ve got on themselves placing bets. They don’t stop until all the money is exhausted. There isn’t any discipline on their finances.
Individuals like the one mentioned in the OP are either fully or well on their way towards addiction. It would be best to seek help.
Compulsive gamblers are more likely to spend all the money they’ve got on themselves placing bets. They don’t stop until all the money is exhausted. There isn’t any discipline on their finances.
Individuals like the one mentioned in the OP are either fully or well on their way towards addiction. It would be best to seek help.
Your friend is already addicted to gambling so it's best not to lend him any more because he will continue to do that over and over again until he really realizes that he is addicted to gambling, it's difficult to advise gambling addicts, they won't listen to us either, the point is never give a gambling addict money, even though he is our close friend, don't feel sorry for him, just help with something useful and if you help borrow money for him to gamble, we are just letting him continue to be a gambling addict. The way for him to stop is to start from ourselves to stop helping him.
If I were like your friend, I wouldn't spend money just to gamble, let alone spend all my money on gambling, that's clearly a stupid way to make money, there are still lots of jobs we can do and make money, after all, gambling doesn't always make money. when we are addicted we can lose more money, but I am also surprised that even now there are still people who gamble brutally and don't care about their future, even though there are still many necessities in life that must be met, why do people prefer to spend it on gambling, it's strange .
If I were like your friend, I wouldn't spend money just to gamble, let alone spend all my money on gambling, that's clearly a stupid way to make money, there are still lots of jobs we can do and make money, after all, gambling doesn't always make money. when we are addicted we can lose more money, but I am also surprised that even now there are still people who gamble brutally and don't care about their future, even though there are still many necessities in life that must be met, why do people prefer to spend it on gambling, it's strange .
What if, he tried to borrow money to start again another chapter of his life, away from gambling? Or after being wrecked at gambling, trying to borrow money until he finally gets back on a smooth track again on his financial status. There are lots of scenarios that we can think about.
But OP already told us the story though? Assuming his friend didn't lie and OP retold what he said to him, there's no hidden motive or secret activity to fix gambling addiction whatsoever. He has signs of addiction and he needs to solve that. OP should not be his saving grace unless he wants his life to get fucked even further. Besides, even if he wants to fix his addiction, he needs to start by reducing his gambling activity, and not taking a loan (or begging for donations) after losing all his money.
We don't know the other side of the story and it would be unfair if we judged the person right away just because of reckless gambling.
What if, he tried to borrow money to start again another chapter of his life, away from gambling? Or after being wrecked at gambling, trying to borrow money until he finally gets back on a smooth track again on his financial status. There are lots of scenarios that we can think about.
Since it's OP's known person, only he knows what's the current status of that person.
What if, he tried to borrow money to start again another chapter of his life, away from gambling? Or after being wrecked at gambling, trying to borrow money until he finally gets back on a smooth track again on his financial status. There are lots of scenarios that we can think about.
Since it's OP's known person, only he knows what's the current status of that person.
I feel bad for that friend of yours, it's the starting part of gambling addiction. Your friend is slowly getting addicted to gambling and that's why he's spending everything he has on gambling. A normal and sane person would never spend the money that's required for his/her daily needs, only an addict or the one who's getting addicted could do that.
I have faced financial issues many times in my life but none of those were due to gambling. If for some reason I was on his place then I would never gamble the money that was needed for my daily necessities. I would gamble only with the funds that would not affect my life in any adverse way. I believe gambling could be good as a part-time fun activity, but when someone considers it as a source of income then things start getting wrong.
I have faced financial issues many times in my life but none of those were due to gambling. If for some reason I was on his place then I would never gamble the money that was needed for my daily necessities. I would gamble only with the funds that would not affect my life in any adverse way. I believe gambling could be good as a part-time fun activity, but when someone considers it as a source of income then things start getting wrong.
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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?
No money in the bank, no cash in the hand, what did you do?
I’m not on similar situation before but I understand how a person can do that such kind of thing if they have an urge to gamble because I feel that strong urge too but the only difference is I can control myself to not gamble recklessly through allocating a budget for my gambling expenses while leave all my money to my partner care. I have no worries that I will overspend because I don’t have money to do that.
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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?
Not totally broke but lose all my bankrolll. I frequently doing all-in whenever I’m already down using significant amount of my bankroll for a hope to recover my funds because the house edge will make recovering much harder if I play slow with low funds. I have no strong attachment on my gambling money since this is just from my side hustle profit.
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.
These are the common stories we hear from our friends who gamble until their money finishes and when their money finishes they begin to call their friends whom they haven't called before for help. What should we do, if not lend them money we can afford to lose because for them to pay us back, they won't.
I think this is what gambling has done to those who are addicted to it, making them gamble beyond their limit.
It's definitely rough when a friend hits you up for cash because they blew it all gambling. I've had my own moments of going too far with gambling but luckily I've never been completely broke. When I realized I was risking too much, I stopped and kept what I had for important stuff. It's all about knowing when to pull back and take care of yourself. If you ever find yourself in that spot, it's okay to say no to that last bet and prioritize what's really important. And reaching out for support or advice can make a big difference too
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