Greatest Gambling Losers - page 14. | Bitcointalksearch.org

stomachgrowls

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Quote from: Fundamentals Of on August 26, 2020, 10:46:34 AM

Quote from: Kupid002 on August 26, 2020, 05:58:00 AM

Quote from: Fundamentals Of on August 26, 2020, 03:53:14 AM

Quote from: adzino on August 26, 2020, 03:39:07 AM

Lol, all those people you have mentioned have shit tons of money (except some of them) and they don't care much about the millions they have lost.

I don't think so. Even if I don't know how much these people are worth, I am sure it matters to them that they lost tens of millions in gambling, even more than a hundred to some.

It takes only a single vice to burn all your hard-earned money. Just like business mismanagement, gambling addiction is more than enough to cause your entire business empire to crumble down.

true ,there is no way they will not feel that huge lost even you are millionaires it still hard to accept that big loss. Many business owner made their business bankrupt because of that too much addiction of gambling even you are small time or big-time gambler there are consequences you will get if you make gambling as one of your habit.

If I lose a hundred dollars to gambling, I am already feeling sad. This is so because I am not rich. When the rich loses 100 million in dollars, he will also feel sad. This is so not because he is not rich but because as a rich gambler he will also be losing big amounts.

He may of course recover everything in just a matter of months but he may also end up dragging his entire business or company down with his losing gambling vice.

And considering that many of the big time losers are businessmen, they know very well the value of money.

People would have the same reactions neither they are rich or poor or on average.We do value money that much specially to those people who do work hard or strive on doing business or investment to reach up that state.

When we do lose big time then its normal for us to get sad, do regret, rage etc. We do see different numbers because people are different when it comes to money or status in life.

Its really mind blowing to lose up that big specially if we are just average or poor one.So we can really make out some comparisons if that thing do happen to us then for sure we might have done something more worst. hehe

cabron

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Among the batch of these NBA players its O'niel that I guess wasn't tempted to get into gambling. That guy earns as much as the two I guess.

Quote from: Sadlife on August 26, 2020, 09:23:39 AM

The Akio guy, maybe got his money from a loan shark. It's really scary thing once you get addicted to gambling, because you'll start to pile up debts without you noticing. Im surprised to not see $1 Billion lose by someone in gambling history. These loses should be a reminder for everyone to not bet you cannot afford to lose.

$1B would be surprising. $1M is more than enough for a loanshark to drag your ass under their basement to torture you for the money and interest. They'd be dragging your kids and parents there too until you beg any of your relatives to save your ass else the loanshark will sell your corpses.

BitcoinPanther

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Quote from: ralle14 on August 25, 2020, 01:14:49 AM

I remember there was another former nba player that lost a lot from gambling but I couldn't find the thread.

This got me interested and immediately search the net to find those NBA players that losses a huge sum of money in gambling and found this article.

The article stated the Five NBA players namely:

Michael Jordan losses a significant amount of $1 000 000

Quote

Michael Jordan. Considered to be the best player of all time, Michael Jordan is very competitive inside the court and outside it. Like another player, Charles Barkley, Jordan likes to show his competitiveness while playing at casinos, generally in Atlantic City. But his real passion is competing with his friends and other sports stars on the golf course for high bets and shooting. His most significant loss was $1,000,000.

Charles Barkley lost around $10 000 000

Quote

Being an impressive personality, Barkley shocked his fans in 2006 when he told about his losses of 10 million dollars at casinos. One year later, he managed to win back almost $700 thousand when he supported the Colts to win Super Bowl XLI. Barkley was taken to court by the Las Vegas’s Wynn Casino for failing to pay around $400,000. Despite such situations, he doesn’t seem to slow down. He is still regularly seen in various casinos in Vegas, spending huge amounts of money.

and the other three namely: J.R. Smith, Antoine Walker, and Charles Oakley.

Probably Charles Barkley fits more on the place stated on OP than Michael Jordan.

plvbob0070

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Quote from: bobyhodob on August 25, 2020, 09:26:57 AM

Quote from: plvbob0070 on August 25, 2020, 07:54:49 AM

It's understandable to see huge losses for gamblers who are rich enough to afford those losses, but what I really don't get is why others will still keep gambling even when they can't even afford to pay debts just like in number 9,3,1.

For me, it's okay to have big greed and desire in gambling as long as you can afford it, that it won't harm you in any case. Excessive gambling will result in addiction and can put us in a bad situation.

well the mistake is that some people who cannot control their patience and emotions will be easily affected by such conditions and will certainly make them addicted and want to always do gambling even though they only use a little capital but if it is done every day it can be said like an addiction to gambling.

Yes, one thing that needs to be monitored when gambling is our emotions because we sometimes get swayed by our emotions and greed that's why we end up losing a huge amount of money. But, I just can't get why they still keep pushing all the money they can get even if they can't afford to lose it. They are not just risking their money, they are also risking their lives by putting it in danger.

jademaxsuy

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Money is not a problem to them and this is why they don't care how much losses they have made and it will.come to their attention that we somehow need money to get our basic needs. When one does not made some efforts in earning money then it is very easy to spend. But if it was being earn through blood and sweat? Damn so hard to spend for wants or entertainment. It will be likely fr basic needs especially if earnings is enough for the basic needs.

Quote from: carriebee on August 26, 2020, 10:37:00 AM

This really shows of addictions without thinking of the huge of money that was lost. Imagine $127m that was huge amount losing in a gambling with debt it just like you took a stone then hit on your head. Apart from greed, self control and discipline should always have to those who do the gambling. So there’s so much lessons to learn and more likely a realization to those who are much in gambling.

Yeah, addiction may be but most of these people are born rich. Money is not a problem to them so whenever they lose in the gambling they do not worry. This is how they see how worthless is monet compared to us that needing it to get our needs and wants.

Fundamentals Of

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Quote from: Kupid002 on August 26, 2020, 05:58:00 AM

Quote from: Fundamentals Of on August 26, 2020, 03:53:14 AM

Quote from: adzino on August 26, 2020, 03:39:07 AM

Lol, all those people you have mentioned have shit tons of money (except some of them) and they don't care much about the millions they have lost.

I don't think so. Even if I don't know how much these people are worth, I am sure it matters to them that they lost tens of millions in gambling, even more than a hundred to some.

It takes only a single vice to burn all your hard-earned money. Just like business mismanagement, gambling addiction is more than enough to cause your entire business empire to crumble down.

true ,there is no way they will not feel that huge lost even you are millionaires it still hard to accept that big loss. Many business owner made their business bankrupt because of that too much addiction of gambling even you are small time or big-time gambler there are consequences you will get if you make gambling as one of your habit.

If I lose a hundred dollars to gambling, I am already feeling sad. This is so because I am not rich. When the rich loses 100 million in dollars, he will also feel sad. This is so not because he is not rich but because as a rich gambler he will also be losing big amounts.

He may of course recover everything in just a matter of months but he may also end up dragging his entire business or company down with his losing gambling vice.

And considering that many of the big time losers are businessmen, they know very well the value of money.

carriebee

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Quote from: glowing10 on August 26, 2020, 09:49:51 AM

Quote from: Janation on August 26, 2020, 04:20:30 AM

That number one really is surprising.

Never thought that people would actually waste their money in gambling instead of thinking how they could earn more with that huge amount. I would understand Michael Jordan's addiction to betting since he has a lot of money to support him and I know there are a lot of people that would be advise him to stop but with that guy, saying that he is burried to debt means no one actually care how much he spends on gambling.

It is like after certain amount of loss one will stop, or it is greed that does not allow people to have that control when to stop it. Other thing is that they would have played to recover the losses and though they may win and that would have not happened it and this would have lead to such huge losses in their life.

This really shows of addictions without thinking of the huge of money that was lost. Imagine $127m that was huge amount losing in a gambling with debt it just like you took a stone then hit on your head. Apart from greed, self control and discipline should always have to those who do the gambling. So there’s so much lessons to learn and more likely a realization to those who are much in gambling.

glowing10

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Quote from: Janation on August 26, 2020, 04:20:30 AM

That number one really is surprising.

Never thought that people would actually waste their money in gambling instead of thinking how they could earn more with that huge amount. I would understand Michael Jordan's addiction to betting since he has a lot of money to support him and I know there are a lot of people that would be advise him to stop but with that guy, saying that he is burried to debt means no one actually care how much he spends on gambling.

It is like after certain amount of loss one will stop, or it is greed that does not allow people to have that control when to stop it. Other thing is that they would have played to recover the losses and though they may win and that would have not happened it and this would have lead to such huge losses in their life.

iTradeChips

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Quote from: Mauser on August 25, 2020, 04:39:49 AM

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

8. Gus Hansen - Lost $21.7 million

Quote

He has accrued $21.7 million in online poker losses at Full Tilt.

We all have our favorite casino and, online and physical casinos differ depending on how used we are to it. By changing our platform, this doesn't mean that we can apply our strategies and be wild in betting already. It's a new environment and it's better to start leaning again.

Poor Gus Hansen, he is an awesome gambler, not only a poker pro but also in an oustanding Backgammon player. Unfortunately he played to loose and didn't have a proper strategy for playing high stakes cash games online. He was is a great tournament player and an awesome showman, that is why he we could see him playing so much online. Just remember the time when he went all in every round and crushed all the other pros. As a disciplined poker professional you should never do that, but still it's just awesome to watch such a match. Definitely one of my favourite players.

This is really a very tricky move for a poker player going from one platform that you already spent year crafting your skill and being comfortable, to going to a totally unknown platform where he had difficulty adjusting. What I always do whenever I signup to an online casino that I do not really know much, is to play the free rolls first (I know a bit shitty but that's me). I would enjoy playing with many different players and try to get the feel of the game. Then I slowly inch my way to the paid tournaments. Better safe than sorry for being confident.

FlightyPouch

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Quote from: TimeTeller on August 25, 2020, 07:41:18 PM

Quote from: FlightyPouch on August 25, 2020, 06:40:55 PM

Yeah, I think even if his losses are unknown, I think he should be higher. Michael Jordan's salary alone in NBA is at $30M, that could go in a lot of ways in betting. Another thing is Michael Jordan's shoes are so popular even though he is retired, it is said that he earned $100M from Nike last year. And still, there are a lot of deals where he can still get a lot of money from so a lot of money for him to bet. That $2.5M loss was just last year, we don't know but he might still continuing to bet until now.

...Like Royals. As much as possible they are discrete with their gambling habits.

Yeah, I've been also wondering those people born in the family of royalty. I've been watching some videos of princes and princesses and I think with a lot of that spoiled children, there will be no member not addicted to gambling at all. I don't know how they hide it in the public but for sure, there are those royalties that are addicted to gambling. Maybe they are just doing it online.

Sadlife

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The Akio guy, maybe got his money from a loan shark. It's really scary thing once you get addicted to gambling, because you'll start to pile up debts without you noticing. Im surprised to not see $1 Billion lose by someone in gambling history. These loses should be a reminder for everyone to not bet you cannot afford to lose.

plr

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Quote from: Bezobraznike on August 26, 2020, 07:09:23 AM

People who gambling with big amounts can win big, but they lose big as well.
We who gamble with small amounts, we don't risk s lot and for us gambling is more
entertainment, because we can't win too much and we can lose what we can afford.
This list is impressive, I can only imagine how it feels like to enter in casino
with millions and to gamble all night.

You need to be filthy rich to be able to gamble with millions and lose by million, these millionaire do not have respect to their money they can just throw it away in hours just like that, while we poor people work all day and night just to save pennies, I will never lose that kind of money in my lifetime even I become a millionaire.

Bezobraznike

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Quote from: MCobian on August 26, 2020, 05:39:49 AM

For those of us who are accustomed to gambling with small capital, then experience losses until our capital runs out. By looking at 10 people with
a very big loss. Make us a little calm and feel a little comforted, because it turns out that there are many people who experience losses that are
far greater than what we have experienced. I am sure these 10 people are addicted to gambling, otherwise it is impossible to spend so much just
for gambling.

People who gambling with big amounts can win big, but they lose big as well.
We who gamble with small amounts, we don't risk s lot and for us gambling is more
entertainment, because we can't win too much and we can lose what we can afford.
This list is impressive, I can only imagine how it feels like to enter in casino
with millions and to gamble all night.

Taskford

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Quote from: Kupid002 on August 26, 2020, 05:58:00 AM

Quote from: Fundamentals Of on August 26, 2020, 03:53:14 AM

Quote from: adzino on August 26, 2020, 03:39:07 AM

Lol, all those people you have mentioned have shit tons of money (except some of them) and they don't care much about the millions they have lost.

I don't think so. Even if I don't know how much these people are worth, I am sure it matters to them that they lost tens of millions in gambling, even more than a hundred to some.

It takes only a single vice to burn all your hard-earned money. Just like business mismanagement, gambling addiction is more than enough to cause your entire business empire to crumble down.

true ,there is no way they will not feel that huge lost even you are millionaires it still hard to accept that big loss. Many business owner made their business bankrupt because of that too much addiction of gambling even you are small time or big-time gambler there are consequences you will get if you make gambling as one of your habit.

That's why for there losses we should learn something since its so disastrous for us if we lose such huge amount but I think those name gamblers can cover up there losses since I have a feeling that they have so many money that's why they throw some huge bags of money on there plays. But Im totally curious on what is their reaction after they lose such huge amount of money.

Kupid002

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Quote from: Fundamentals Of on August 26, 2020, 03:53:14 AM

Quote from: adzino on August 26, 2020, 03:39:07 AM

Lol, all those people you have mentioned have shit tons of money (except some of them) and they don't care much about the millions they have lost.

I don't think so. Even if I don't know how much these people are worth, I am sure it matters to them that they lost tens of millions in gambling, even more than a hundred to some.

It takes only a single vice to burn all your hard-earned money. Just like business mismanagement, gambling addiction is more than enough to cause your entire business empire to crumble down.

true ,there is no way they will not feel that huge lost even you are millionaires it still hard to accept that big loss. Many business owner made their business bankrupt because of that too much addiction of gambling even you are small time or big-time gambler there are consequences you will get if you make gambling as one of your habit.

Beparanf

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Quote from: smyslov on August 26, 2020, 05:25:38 AM

There are still a lot that are undocumented these are just that are documented, no gamblers don't want to be in an open list like that, this is a big embarrassment for you and your family , because we have no control on what people are thinking, especially if you have a reputation to protect like Michael Jordan, every gambling casinos has a whistle blower that will announce their clients who lost a lot money in their casinos.

Gambling should also have some privacy data act or law for their clients as some of them might not known by their families that they are into gambling and may also lead to threats in their lives. Some personalities maybe just too popular or let them express themselves to let others known that addiction cause no good. In either way it will depends on how we will manage ourselves when it come to gambling, better not to do things that will ruin our names.

MCobian

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For those of us who are accustomed to gambling with small capital, then experience losses until our capital runs out. By looking at 10 people with
a very big loss. Make us a little calm and feel a little comforted, because it turns out that there are many people who experience losses that are
far greater than what we have experienced. I am sure these 10 people are addicted to gambling, otherwise it is impossible to spend so much just
for gambling.

smyslov

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There are still a lot that are undocumented these are just that are documented, no gamblers don't want to be in an open list like that, this is a big embarrassment for you and your family , because we have no control on what people are thinking, especially if you have a reputation to protect like Michael Jordan, every gambling casinos has a whistle blower that will announce their clients who lost a lot money in their casinos.

Janation

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That number one really is surprising.

Never thought that people would actually waste their money in gambling instead of thinking how they could earn more with that huge amount. I would understand Michael Jordan's addiction to betting since he has a lot of money to support him and I know there are a lot of people that would be advise him to stop but with that guy, saying that he is burried to debt means no one actually care how much he spends on gambling.

Fundamentals Of

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Quote from: adzino on August 26, 2020, 03:39:07 AM

Lol, all those people you have mentioned have shit tons of money (except some of them) and they don't care much about the millions they have lost.

I don't think so. Even if I don't know how much these people are worth, I am sure it matters to them that they lost tens of millions in gambling, even more than a hundred to some.

It takes only a single vice to burn all your hard-earned money. Just like business mismanagement, gambling addiction is more than enough to cause your entire business empire to crumble down.

Topic: Greatest Gambling Losers - page 14. (Read 2808 times)