Greatest Gambling Losers - page 12. | Bitcointalksearch.org

electronicash

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the rich guys wanna impress anyone surrounding them by betting huge amount thinking the people around them will wish to be rich as him.

Quote from: Twentyonepaylots on August 30, 2020, 02:54:51 PM

Quote from: ?? on ??

Im losing I think the highest is only hundred dollars and on that day I was very sad. I hope those people who lost a lot of money will not losing anymore money because we knee once they lose it is a huge money too.

I don't even deposit and play a hundred of bucks whenever I want to play, say in a day the highest that I can lose is probably $30, I'll quit if I lose $30 and that's my maximum lol. Losing millions may be just normal for them if they are millionaire or billionaire, too high for normal people like most of us here. That's a real gamble, coz think if they did not lose, they earned also millions of dollars.

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For sure if they are addict gambler possible to lose all their money they have if they did not have control playing.

I think these people are all rich, they afford to lose that huge amount.

yes they can afford until they lost it all. this is when they tend to show off their wealth thru gambling and got addicted that filing bankruptcy is too late for them to do.
we've seen stories of some local gamblers that went from riches to rags.

Twentyonepaylots

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Quote from: ?? on ??

Im losing I think the highest is only hundred dollars and on that day I was very sad. I hope those people who lost a lot of money will not losing anymore money because we knee once they lose it is a huge money too.

I don't even deposit and play a hundred of bucks whenever I want to play, say in a day the highest that I can lose is probably $30, I'll quit if I lose $30 and that's my maximum lol. Losing millions may be just normal for them if they are millionaire or billionaire, too high for normal people like most of us here. That's a real gamble, coz think if they did not lose, they earned also millions of dollars.

Quote from: ?? on ??

For sure if they are addict gambler possible to lose all their money they have if they did not have control playing.

I think these people are all rich, they afford to lose that huge amount.

2double0

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Quote from: GDragon on August 30, 2020, 02:09:04 PM

If I have a son too, I will name him the house instead of my father, its just because he needs it in the future too. No other reason honestly.

I always regret for what I did in the past, and don't even complain for what my son did. It was his choice completely and he understood that if he named the house on my name, I would just gamble that too. I understand that what he did was correct and it was needed during that time, to make me feel what shit I had spread in their lives.

Cryptpogz1

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Damn, and im here freaking out when losing 20$ Cheesy

GDragon

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Quote from: 2double0 on August 30, 2020, 01:43:54 PM

I'm myself a big loser in gambling which is why I left it long time ago. Had my home worth $100k buried into gambling because I got badly addicted to this. Then, my son gave (gifted) me a home but he didn't use my name as buyer but gave my grandson's name and it was under his possession since then, so I can say that I'm dependent on his mercy. Life has been hell since what I committed. Now I do it, but I don't do it carelessly and keep control on me as I don't have any sources to live and to fund my gambling needs.

This is sad, honestly the biggest lost a gambler could have is the lost of trust/love of a family member. I'm delighted that your son still cares about you, and its good that you decided to have control of yourself. I may not know you but I really felt you are remorseful on what you've done in the past.

If I have a son too, I will name him the house instead of my father, its just because he needs it in the future too. No other reason honestly.

skarais

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Quote from: 2double0 on August 30, 2020, 01:43:54 PM

I'm myself a big loser in gambling which is why I left it long time ago. Had my home worth $100k buried into gambling because I got badly addicted to this. Then, my son gave (gifted) me a home but he didn't use my name as buyer but gave my grandson's name and it was under his possession since then, so I can say that I'm dependent on his mercy. Life has been hell since what I committed. Now I do it, but I don't do it carelessly and keep control on me as I don't have any sources to live and to fund my gambling needs.

The result of gambling addiction causes the loss of everything, family, home, and all happiness. Your bad experience is very valuable for the other person to quickly leave the addiction before regretting it. Luckily, your son still cares and gives you a home even though your grandson is the original owner of the place where you live, at least you have a decent place to live and have stopped gambling.

2double0

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I'm myself a big loser in gambling which is why I left it long time ago. Had my home worth $100k buried into gambling because I got badly addicted to this. Then, my son gave (gifted) me a home but he didn't use my name as buyer but gave my grandson's name and it was under his possession since then, so I can say that I'm dependent on his mercy. Life has been hell since what I committed. Now I do it, but I don't do it carelessly and keep control on me as I don't have any sources to live and to fund my gambling needs.

Becky666

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Quote from: nakamura12 on August 30, 2020, 06:26:36 AM

This should be remembered by everyone that gambling too much can cause problem and one of them is health problem like the case of number 1. Although one of them is very rich so it shouldn't be a problem when it comes to financial problems but the health problem is npt since if you gamble all the time then you won't be able to take care of yourself.

This bores down to self-control in gambling. Health wise still depends on how a gambler is able to handle what's called "self-control" because this is the main reason why many gamblers end up in danger health wise. There should be limits for every gambler out there in order to curb this issue among gamblers addict. Personally, most of my gambling activities are done within weekends because of my time to relaxe out stress.

Waffen

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Safa Al Geabury bears similarities to Terrance Watanabe. He’s a very wealthy individual who refused to cover his gambling debts when the time came.

The Swiss businessman owns an Islamic art collection that was once valued as high as $1 billion. He received a huge marker at London’s Ritz Club in 2014 as a result of his wealthy reputation.

But when it came to pay the marker, Al Geabury was very cheap. He lost £2.2 million at the Ritz Club and ignored the debt. The casino eventually sued him for the money. Al Geabury defended himself by saying that the Ritz took advantage of his compulsive gambling problem. Embarrassed

BuNga_cute

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The greatest gambling losers shared in the opening post are a lesson for all of us that gambling addicts will end badly.
Of all the names mentioned in the opening post, gambling had ruined their lives. Even some people end up dying,
I get goosebumps enough to imagine it. Therefore, we always control ourselves when playing gambling, we must be
able to limit ourselves when playing gambling.

DevilSlayer

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Quote from: LogitechMouse on August 29, 2020, 09:48:39 PM

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The more I read this the more I think being a compulsive gambler will lead you to this state where you gradually increases your chances of losing in the long run. This kind of people really need a mental health professional before it gets worst—lucky for them they were rich people, but for those below to them shouldn't try to be compulsive or else the worst (I mean some are really worst) thing will happen to them.

This just shows that being a compulsive gambler like the ones posted by the OP will just lead to losses.
TBH, it will just go down to how good you are in controlling yourself especially when it comes to gambling.

For sure those at the top seek the help of the professionals just to recover themselves from the losses they faced and while some feel depressed of their losses, there are some of them who are just "Ok I lost its ok for me I have a huge money there still". Their losses are just nothing to them Cheesy

.

They cannot control their obsession and it is the reason why it resulted to them to lose huge amount of their money. OF course they lose because of improper allocation and because of their hope. For those gamblers out there like me, I'm sure that you also experience to have high hope especially when we have consecutively losses. We think that our hope can help us in order to regain our losses but we are wrong and we need to stop and rest in order to prevent huge losses especially if we are in consecutively losses. This rich people for sure regretted their decisions because of the huge money that they lose. It is one of the example that even if earn huge money in gambling, the casinos can regain it if we do not have proper strategy and risk management.

We should really identify the amount of the money that we are willing to risks because if we put our hard earned money and we lose it in online or traditional casino, for sure it will affect us not only through psychology but also physically. The psychological damage is really the consequences of being greedy and losing huge amount of money in gambling.

nakamura12

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This should be remembered by everyone that gambling too much can cause problem and one of them is health problem like the case of number 1. Although one of them is very rich so it shouldn't be a problem when it comes to financial problems but the health problem is npt since if you gamble all the time then you won't be able to take care of yourself.

LogitechMouse

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Quote from: ?? on ??

The more I read this the more I think being a compulsive gambler will lead you to this state where you gradually increases your chances of losing in the long run. This kind of people really need a mental health professional before it gets worst—lucky for them they were rich people, but for those below to them shouldn't try to be compulsive or else the worst (I mean some are really worst) thing will happen to them.

This just shows that being a compulsive gambler like the ones posted by the OP will just lead to losses.
TBH, it will just go down to how good you are in controlling yourself especially when it comes to gambling.

For sure those at the top seek the help of the professionals just to recover themselves from the losses they faced and while some feel depressed of their losses, there are some of them who are just "Ok I lost its ok for me I have a huge money there still". Their losses are just nothing to them Cheesy

.

FIFA worldcup

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Quote from: ?? on ??

There is a lot of money to bet to that amount so they are lose a huge money too and that is a millions dollars.

Im losing I think the highest is only hundred dollars and on that day I was very sad. I hope those people who lost a lot of money will not losing anymore money because we knee once they lose it is a huge money too.

For sure if they are addict gambler possible to lose all their money they have if they did not have control playing.

Those who take risk in gambling are rewarded sometimes. But those who do not take risk and do not play gambling with big amounts, they will never be able to win big from gambling. They need to play gambling with a plan on how much money to play with and what to do in case of loss and win.

Pamadar

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Quote from: ?? on ??

The more I read this the more I think being a compulsive gambler will lead you to this state where you gradually increases your chances of losing in the long run.

It's addictive so for sure the outcome of you continuous engagement to this activities will ruined yourself.
You'll lose lots of money and before you realize that you already did you already lose a huge amount of money.

Quote

This kind of people really need a mental health professional before it gets worst—lucky for them they were rich people, but for those below to them shouldn't try to be compulsive or else the worst (I mean some are really worst) thing will happen to them.

Come to think of it, why casinos keeps growing. because there are lots of middle to below class gamblers who keeps
playing and given away their money inside gambling activities.

KTChampions

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Quote from: TedMosby on August 29, 2020, 03:55:27 PM

Quote from: Chrystora123 on August 29, 2020, 02:54:47 PM

what exactly at that moment was thinking by this person!! burning $ 127 million just to gamble, he completely lost his mind. I will think thousands of times to gamble with a capital of more than $ 100k.. Cheesy

he said that the casino makes him stay longer by gave him liquor, food, drugs, and other "services".
if this is true then the casino might knew before that Watanabe is a dumb (but rich) guy Grin

.
https://www.businessinsider.com/meet-the-man-who-blew-127-million-and-most-of-his-familys-fortune-gambling-in-vegas-2009-12?r=US&IR=T

he ended up buying regular alcohol/drugs, etc. at a cosmic price. In general, I heard about this - a casino for VIP clients creates heavenly conditions, hoping that these "investments" will pay off with the money that clients will lose. And apparently it works.

TedMosby

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https://bitcointalk.org/index.php?topic=5274318.0

Quote from: Chrystora123 on August 29, 2020, 02:54:47 PM

what exactly at that moment was thinking by this person!! burning $ 127 million just to gamble, he completely lost his mind. I will think thousands of times to gamble with a capital of more than $ 100k.. Cheesy

he said that the casino makes him stay longer by gave him liquor, food, drugs, and other "services".
if this is true then the casino might knew before that Watanabe is a dumb (but rich) guy Grin

.
https://www.businessinsider.com/meet-the-man-who-blew-127-million-and-most-of-his-familys-fortune-gambling-in-vegas-2009-12?r=US&IR=T

Chrystora123

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Omicron is another FUD

Quote from: Debonaire217 on August 24, 2020, 11:21:07 PM

snip..

1. Terrance Watanabe - Lost $127 million

Quote

Terry Watanabe said he bet more than $825 million, losing $127 million in Caesars Palace and The Rio casinos in 2007.

snip..

what exactly at that moment was thinking by this person!! burning $ 127 million just to gamble, he completely lost his mind. I will think thousands of times to gamble with a capital of more than $ 100k.. Cheesy

KTChampions

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Interesting numbers, but I would not say that they are shocking (there are so many billionaires in the world now ...). I think that there is an area adjacent to gambling where losses (and gains) are much greater - this is investment. The figures there are in the tens of billions of dollars. And behind every decision of the investment fund there are specific people, so we can say that these are their losses.

Silberman

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Quote from: sunsilk on August 25, 2020, 06:30:03 PM

It's his money after all and he can enjoy it with all the luxury in the world but he chose what he thinks was best for him.

But that is precisely the thing, do you think that the guy that lost 127 million was happy about it? I am not against those that are rich to use their money as they want and even to spend it in whatever they may like regardless of how expensive it is, but even if I like gambling I don't really think that you get anything out of it except the fun and there are many ways to get a lot of fun with 127 million dollars and still have a lot of money to spare for many other activities.

Topic: Greatest Gambling Losers - page 12. (Read 2808 times)