Topic: Greatest Gambling Losers - page 13. (Read 2828 times)

I knew or at least have an idea that there are people who would lose that much money. but I wonder how they cope with the idea that they lost that much money. I know to my self I would probably have depression if I lost that much money to gambling.


damn, that's the problem with gambling using borrowed money especially if you borrowed it from the wrong people and keep losing and not being able to pay it back.

This is a nice thread about how much a person can lose through gambling. I think this is a good wake up call to those who are planning to engage in gambling that we must bet in accordance to what we can afford to lose.

Majority of the gamblers listed had indebted large sum of money from the casinos and even used their funds for to satisfy their urge to gamble. Like Aiko on #9 and Omar on #3. We must always remember to gamble moderately and responsibly so we won't be left with nothing when the time comes.

Discipline is the key if you don't want the banks and casinos to run after you, your family, and your properties. You must know where to set your boundaries so you can always stop if losing streaks happen.

This is not just a mindblowing fact, it is a waking call to us all.

Even though we are not even comparable to these people, we should know that despite the low and high amount of bettings we've done, we should be able to control the urge of us gambling because at the end of the day, it can end up in losses. Instead of using that money into other things that is more important, it is falling unto pockets of these owners and investors. Life is hard and we should not make it harder by relying on gambling.

Good God, what goes through these people's minds? You would think after losing several million dollars that you would call it a day—especially considering that most of these players only had this sort of money by winning it in the first place.

I wonder what the single largest loss in all of history was?

You would think that some billionaires must have lost at least $10 million in a single bet. Especially if you consider trading losses at bets—there have been some devastating wipeouts in recent history, even back in March this year.

I wonder what the poker table looks like at billionaire meetup events?!

Maybe some of those people on the list are just seeking for enjoyment and happinnes but the others are just unlucky in gambling. I doubt that all of them are just spending for nothing because money is still a money even you have many of it.

So definitely, those in the list are the ones who continuously playing gambling even they're losing. It can be the cause of stress or maybe seeking for a huge pot that makes them greedy in gambling. Agree, a life of a gambler is very difficult because you don't know if you'll have money in the next day, probably all day risking for your survival.

It is really a very unfortunate thing the ones who end up dead for gambling losses. If this is being caused by uncontrolled gambling addiction then it is a wake up call to all of us who do betting, casino, slot, poker, and other forms of gambling to reconsider our strategies and be responsible players. Treating gambling as a business with controlled funds and computing losses to profits, just like an actual business might be helpful in managing your gambling finances.

Remember that there are gamblers who seek enjoyment and there are the one who seek prosperity but the majority of the people why they are entering in the gambling industry is because of the money. What I said is true because we know that there are now many people who became rich because of the gambling like Dan Bilzerian who have nickname of the "King of Instagram". I know you heard his story wherein his wealth is came from playing poker.
But not all the times that a certain gambler can make a good life because of gambling. Actually only few people who are becoming successful in gambling and most of them are losing and there are small percentage of that people wherein their life become more messy because of their losses in gambling. This thread can become a example that even if you are rich, the world can upside down especially if you lose all of your money because of gambling.

Well, there is a way for a gambling addict to stop gambling and it all starts with the gambling himself. Stopping your gambling addiction is not easy, I could say that it is one of the hardest thing I've endured in my life even though I am not highly addicted. You're not aware of what is happening, you just wanted to gamble it is like a part of your breathing and you'll die without it.
It is like a part of you and even though you know that you should stop you can't because it is like someone or something is controlling you. It is really hard but with the help of the people I love I slowly stopped it, well, after some therapies I did. Also, I kept on gambling after that and realized I am doing my life wrong seeing my partner like that. If there's a will, there is a way.

For all the money that is lost in gambling, someone does get rich and it is the gambling houses and the bookies who are making a lot of money.
Even though we hear everyday that people lose their assets and money in gambling, yet they still want to risk and try their luck in gambling. There is no cure to gambling addiction.

I thought of this too since they can afford to lose this huge money in gambling meaning they have back up or reserve resources to which they can still be using but not to gambling or intended for the basic needs or to sustain life until retirement or gets old.

If not then they worthless after all, having that huge money loss is a no brainer at all. Money is in important because it.can buy things that makes you happy but not all things that money can buy at least some things.

It'll be interesting to hear if there's a big (hundred thousand or more dollar) wager on the Brisbane Broncos Rugby League team to either win or loose in the next few games they have left to play this season (more so if the wager goes the wrong way and is a loss to the punter concerned)

Yeah, different perspective and opinions really apply but when it comes to practicality, he should've spent it wisely even though it's their happiness or stress reliever. Also, I doubt that it's their happiness because it's a losing streak and if gambling is his passion, instead of spending a lot of money and keep losing, playing online gambling games is way better than spending for money. Yes, we want to achieve that happiness but let's not forget that consequences might happen if you are abusing it.

Gambling have a huge risks and can affect an individual's life so therefore, thinking wisely can make things easy.

We don't know the backstory of it, maybe there is something more.

What is that person is actually finding a place to belong himself and he found that in a casino, in a place where he needed to gamble every day and night? We don't know. But all I know is that being addicted to gambling and wanting to win a lot is different to each other. IMO that guy don't want to win a lot but is just addicted to gambling.

That's only a fraction on what they are earnings from their salary and from products endorsement but still they should not divulge how much they've lost and losing it harm their reputation for future endorsement , of course talent agency will have second thought hiring gamblers for fear of accusations they they are supporting their gambling habits.

If there is "Gambling's Greatest Winners" on one of the threads I have already read in this forum when I have been scrolling for the past weeks I think which have enlisted the Top 10 Greatest Winners even at small bettings, then here goes another list the is intended to list up the Top 10 Greatest Losers here in playing gambling. This just clearly shows that not are really lucky enough to always do win in playing gambling and there are also instances that there are gamblers who are not gifted or not lucky to win on playing gambling that instead of winning, it goes another way around.

I wonder how the top on the list have manage such lose on his gambling journey. I do think it gives him a lot of stress for such massive amount of loss in playing. He must do make of managing his bets the next time to avoid committing such massive loss. Do not always push things through specially on gambling for loss do always comes than winnings.

Who knows that there might be a Billion loser in gambling?of course thats out of the line to broadcast because this will surely ruin the life and personality of such person.

gamblers can play and lose millions and maybe come back home and take money again to play?
there are so many ways that a so much powerful and rich people in the world can be in this.

Come on! this is one of the most bad articles that I have read on the subject  "casino.org/blog/what-happens-to-the-biggest-gambling-losers" , run over by gathering the information exceeds realities and ends up muddying the good stories that there are in reference to the big losers.

Remove that stigma that because you see a losing guy you will be the "next" or that the game destroys you because you read that a guy lost millions.

Of those 10 stories only one has a nuance of a great loser "Archie Karas".
The other two that I am going to comment on are Michael Jordan and Gus Hansen (btw, I did not understand anything about the comment you made there about this guy)

Michael Jordan has so much money that it can be said that he is the classic deep bank gambler, in those years he opted for game due to the death of his father, but this stage was overcome, that was not why he retired from the NBA or that the NBA he suspended it, in any case he has a fortune of almost 2 billion or something like that.

Gus Hansen where you see him today, in high stakes, keep playing, if you lose $ 21,000,000 and you keep betting things are not so bad, for a professional player, it is something amazing, because his bankroll is what keeps him playing , he is not billionaires.

Archie Karas, I recommend you watch the documentary about this guy, nobody has had such a long streak in Las Vegas casinos like this guy and especially with craps, he literally spent more than two years hitting the variance, surprising with his streak he also bets poker, where he faces legends like Stu Ungar, Chip-Reese, Dooley Brunson, etc.

This guy is a big loser, because he was a humble guy who came from Greece to live the American dream and after two years the luck that had accompanied him simply disappeared.

But the cheating came years later, he was seen marking cards, he did this several times, this guy, really, if is a big loser.

You said it right, never to lend money in order to solve your financial problem especially if you are involved with gambling.

You are just risking your fate and most of the time you'll gong to lose you money again and adds the problem
up with your current one, better to move away and try to resolve your problem away from gambling.

I am sure that there will be many more gamblers who already lose in gambling with too big money. The reason why people can't stop gambling is that they expect to make a big winning in gambling, and they think that "hm I still have more time to play one or two rounds, so it will be okay if I continue playing gambling." Slowly they lose some money, and the list that @OP gave is the sample for us always to prevent the big loss.

If some people debt just for playing gambling, that will not solve the problem, but that person will get another issue, especially if he loses all of the money in a short time. We don't want to be the next list of gamblers who lose the money.

This is the reason why gambling is banned in some countries, because many people cannot control themselves when playing gambling.
Not knowing when to stop, which in the end some people became the greatest gambling losers. I feel sorry for 10 people who are
experiencing the biggest gambling losers, as already mentioned in the opening post. There are even some of these people must become
poor and get into huge debt.