When you can earn money from gambling but do not stop as soon as possible, the chance to lose the win money will be bigger and will be there because the next round can be the bad round that can make you get lost. So before you experience the loss, it is better to save your win money and enjoy the winning moment. Only by doing that, you can prevent losing the win money.
I'd rather think of disciplining myself when I'm losing than when I'm winning. As they say, seize the moment because when you are lucky, you might be able to win more money and if you ended up losing, at least you had a chance to win big money. On the other side, if you are losing, just don't chase, instead, keep within your limit so you'll not be too desperate in the end and you might end up gambling on what you cannot afford to lose anymore. 
Topic: Hard earned money - Busted in seconds - page 15. (Read 3649 times)
When you can earn money from gambling but do not stop as soon as possible, the chance to lose the win money will be bigger and will be there because the next round can be the bad round that can make you get lost. So before you experience the loss, it is better to save your win money and enjoy the winning moment. Only by doing that, you can prevent losing the win money.
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me 
Good for you that you haven't gone to somewhat in worst conditions after losing. I know someone who loses and take a loan to play again hoping to win it back, however end up losing again with additional debts to pay. I didn't knew people could be like that because of gambling addiction. Also this man is borrowing money from everyone in his family including close friends, with no second thoughts. I don't know if 6k USD is a big money for you but in my case it would really hurt me to lose it in an instant, and that is the case for this man I know.
Only the most wealthy one wont be hurt if losing a 6k . Money is what we really need now a days even losing small money still can hurt your but having a loan to just play and try to win back losses is really dumb and at the same time it can hurt you, not just you but also your family could be hurt because of what have you done . This kind of people should be taken to a rehabilitation center to overcome this addiction
OP, I would say that you took a risk and it didn't favor you, and the problem is half solved because you took responsibility of the mistake.
Because he has no choice at all because after losing the funds in gambling it leaves HIM in miserable situation and it doubled His problem lol.Quote
What is required of you is to focus on how the debt will be paid. And, remember not to make the-same mistake twice.
if you are going to gamble the funds that you supposed to be for debt then this called you Gambled for Gambling and that is a BS attitude that must never be again to take place .
That's one of the negative effects of gambling on people. It's called chasing the loss.
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They will take loans and instead of winning, they will end up busted more. Only them can help themselves in that situation.
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They will take loans and instead of winning, they will end up busted more. Only them can help themselves in that situation.
Yeah, gambling and loans, what could go wrong? And on the top of that, poor self-control.
In gambling it has to be like in investments, do it only with money you don't need and can afford to lose. And I would say that even in gambling more, because your money is safer if you buy Bitcoin or shares of good companies than if you gamble, especially if you have little self-control.
I know someone who loses and take a loan to play again hoping to win it back, however end up losing again with additional debts to pay. I didn't knew people could be like that because of gambling addiction. Also this man is borrowing money from everyone in his family including close friends, with no second thoughts. I don't know if 6k USD is a big money for you but in my case it would really hurt me to lose it in an instant, and that is the case for this man I know.
That's one of the negative effects of gambling on people. It's called chasing the loss.
But in that situation, I will not blame why that happened because of gambling as we should be responsible at all times. That person you know falls into the trap and I feel sorry for that person. For some, it's really hard to battle the temptation especially when they are losing.
They will take loans and instead of winning, they will end up busted more. Only them can help themselves in that situation.
Yes, this is not the only mechanism that works, but I think that this is the main mechanism at the stage when a person starts the game and cannot finish it until he wins a large amount or loses all the money. Nature forces him to chase victory to the end. If you played physical slots, you probably noticed that when symbols drop on the reel, it often turns out that literally one symbol is missing before winning, and this gives you great motivation to make one more spin and then another and another.
Haha. Yes, I am well aware of how we are lured by slot machines, but fortunately I have learned to stop in time. I remember when our country's casinos have not been moved to separate zones where gambling is allowed, I very well increased my deposit. My friends at the time were very surprised that I was able to stop and left the casino. Of course I still spent all the money I earned, only it was already in a strip bar and the money gave us a completely different emotion.
I don't think that that spending money was suboptimal - it was a good investment in memories, we all need that kind of spending sometimes
By the way, it is really important not to go to extremes - on the one hand, not to be a crazy gambler and understand the principles of the game (and the mechanisms that encourage us to play). And on the other hand, allow yourself to spend on pleasures without thoughts that poison the mind: "I was deceived, I am losing money for the sake of momentary pleasures, this is wrong, etc."
which i could say to be that normal but on the time that you are really making some realizations then this is where you do really be mindful into your next possible step or move.
Since you are already aware about possible bust up then you would really be careful on next time unless if your addiction is too severe then no one could really help you into this point.
If you're reckless to regain your previous losses and you're not taking your time on your bet you will likely lose all your money in seconds, it goes with the motivation, losing your money in seconds just mean that you are playing and taking a big chance with a huge amount which is not good you want it all or nothing, and we all know its hard to beat the house with that reckless attitude.
Our greed never let the common sense to be on the top which is the reason why we do crazy things and life risk after knowing the chances of results will be in the favour of us is very low. Atleast in the future we should not repeat the mistake so we won't stuck in this situation forever.There are times or at some point of their lives, where they can find themselves doing the same thing again. For those that are still on their right mind and aren't like that, it's good that they can come across a story like this one (the OP shared). They can visualize how hard it was, so they will not attempt to be in the same situation.
Yes, this is not the only mechanism that works, but I think that this is the main mechanism at the stage when a person starts the game and cannot finish it until he wins a large amount or loses all the money. Nature forces him to chase victory to the end. If you played physical slots, you probably noticed that when symbols drop on the reel, it often turns out that literally one symbol is missing before winning, and this gives you great motivation to make one more spin and then another and another.
Haha. Yes, I am well aware of how we are lured by slot machines, but fortunately I have learned to stop in time. I remember when our country's casinos have not been moved to separate zones where gambling is allowed, I very well increased my deposit. My friends at the time were very surprised that I was able to stop and left the casino. Of course I still spent all the money I earned, only it was already in a strip bar and the money gave us a completely different emotion.
I don't think that that spending money was suboptimal - it was a good investment in memories, we all need that kind of spending sometimes
By the way, it is really important not to go to extremes - on the one hand, not to be a crazy gambler and understand the principles of the game (and the mechanisms that encourage us to play). And on the other hand, allow yourself to spend on pleasures without thoughts that poison the mind: "I was deceived, I am losing money for the sake of momentary pleasures, this is wrong, etc."
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me
Why not try stopping bet and I think every body will success stop with betting and I have try it, the same like you like betting with small fund from $3 until $20 each sport betting games. But after active on ever weekend football match I stop with betting and keep use my money for trading. Right now just enjoying with football match only without see and care with how bigger odds giving on ever week football match. I think you can stop from betting slowly although is not easy but if you have spent money for trading or investing is better thing than keep waste all your funds for betting. 
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me
Good for you that you haven't gone to somewhat in worst conditions after losing. I know someone who loses and take a loan to play again hoping to win it back, however end up losing again with additional debts to pay. I didn't knew people could be like that because of gambling addiction. Also this man is borrowing money from everyone in his family including close friends, with no second thoughts. I don't know if 6k USD is a big money for you but in my case it would really hurt me to lose it in an instant, and that is the case for this man I know.
It was almost two months hard earned money. Got busted in few minutes. I don't know why I wasn't able to have me within the limits. Just started with a $3 bet, but it went upto $98 and ended with empty wallet. This is completely unlucky, because every bets were placed to roll above 20 which means the winning probability is quite high. Anyhow I wasn't in control and I didn't follow the rule gamble what you can afford to loss. It was a money saved to repay a debt. Now once again the interest needs to be paid so to manage the debt for some more time. Unlucky me
Well, the fact that you started with $3 and you ended up with around $98 before you bust everything all out makes you lucky. You are considered to be that top 5% of the gamblers who were able to at least earn 3000% on their initial bets. Though that is very unfortunate that you lost all of your winnings, the experience and lesson that you learned is valuable to the point that it teaches you self-control and discipline on your gambling spree.
I remember a time when my brother experienced the same scenario as yours. He kept winning and winning and he forgot to actually stop which resulted to an absolute loss of everything. Though this happened, it actually taught him how to be patient with his gambling winnings in general.
Why not try stopping bet and I think every body will success stop with betting and I have try it, the same like you like betting with small fund from $3 until $20 each sport betting games. But after active on ever weekend football match I stop with betting and keep use my money for trading.
It's easier said than done! and The lesson here other than "never gamble what you can't afford to lose" is that even if you bet on small odds like what OP did, there is a high possibility you will lose all your money especially if you keep playing for a long time.
I believe OP lost nothing but his $3.00 and only wasted some of his time. Plus he merely lost the "people's money" back to the people. We couldn't say if the money "lost" was truly "hard earned" or not, but technically you gambled for it, it's still in your account, and you still use it to gamble again, so that money you held was fair game.
I don't think we can say he lost only $3. He spent the money he borrowed then he lost the hard earned money he saved to repay the loan. In addition, now he has to pay higher interest for not repaying the loan in time. 
OP, I would say that you took a risk and it didn't favor you, and the problem is half solved because you took responsibility of the mistake. What is required of you is to focus on how the debt will be paid. And, remember not to make the-same mistake twice.
well the OP should learn from this experience. and not too down on this loss. because out there there are many incidents similar to what the OP experienced.
learning from experience can bring success in the future.
correct the wrong steps and first solve the problem that is now being faced. namely the debt installments that must be paid. must be heavy. but if you live it patiently and keep working hard. then the results will not lie to the hard work.
romero121 sad story is another example that shows that people should gamble only with cold head. I just cant realize how much money he had lost, if his bets increased from 3 bucks to 98. As I understand, romero121 bet 3,4,5,10,20,50 and up to 98. I suppose 98 dollar bet was all-in. He wrote that he has lost 2 month salary, he is from Croatia. Google say that an average salary there is about 1.5k. 3k bucks busted in minutes. That's sad.
Sorry to say but I will prefer to say that it is a stupid story instead of a sad story.
Gambling with the money that should be used for other important thing is a big mistake, no doubt about it.
Even worst the money was hardly earned within few months.
Lesson learned, do not spend hard earned money for gambling unless you have no other things to pay.
romero121 sad story is another example that shows that people should gamble only with cold head. I just cant realize how much money he had lost, if his bets increased from 3 bucks to 98. As I understand, romero121 bet 3,4,5,10,20,50 and up to 98. I suppose 98 dollar bet was all-in. He wrote that he has lost 2 month salary, he is from Croatia. Google say that an average salary there is about 1.5k. 3k bucks busted in minutes. That's sad.
No matter how much he lost, it is still sad because he can't recover the losses and can't use that money to buy something he needs. It is a lesson for us not to use the money more than we can because if the result is like @romero121, that will cause pain, and we can't get the money back. Hopefully, he can learn from his mistake this time and not do the same in the future. OP, I would say that you took a risk and it didn't favor you, and the problem is half solved because you took responsibility of the mistake. What is required of you is to focus on how the debt will be paid. And, remember not to make the-same mistake twice.
The bigger problem is when you use money intended to pay a debt in gambling it's like losing your money and you have to start all over again, and I'm sure OP will learn his lesson well and he will be better, not really a new experience, many gamblers also experienced the same thing the hardest thing and something that must happen is to move on and get better.
Using funds that aren't allocated for gambling will surely cause trouble. You can't have your money back and your focus should be on the debt that you have to pay. You should take this experience as a lesson that gambling has a huge risk. You better be wise in making decisions in the future if you don't want to regret things in the end.
I don't believe the problem is actually because of "gambling addiction". It's just that there are certain people who probably have a chemical imbalance in their brains that's depleted of serotonin/dopamine which them makes them more susceptible to "crave" gambling because it releases more dopamine that they need. The problem might be genetic. Because truly if the problem was only about "gambling", then everyone would be addicts.
Actually, you have a point. People tend to gamble more because it triggers a neurotransmitter called serotonin, I know this thing as well because I have a therapist before and she said that when people are lonely or if people don't feel anything or sometimes when we feel so down we tend to find our happiness in other things, like what you have said we crave for that feeling and that will result for us to gamble more, spend more, become reckless try things that are not good for us, so I agree he has another underlying factor that's why he did that, but the thing is if will not stop this craving will become addiction soon, I think some people who got addicted in gambling might go to a rehab center.
OP, I would say that you took a risk and it didn't favor you, and the problem is half solved because you took responsibility of the mistake. What is required of you is to focus on how the debt will be paid. And, remember not to make the-same mistake twice.
The bigger problem is when you use money intended to pay a debt in gambling it's like losing your money and you have to start all over again, and I'm sure OP will learn his lesson well and he will be better, not really a new experience, many gamblers also experienced the same thing the hardest thing and something that must happen is to move on and get better.
romero121 sad story is another example that shows that people should gamble only with cold head. I just cant realize how much money he had lost, if his bets increased from 3 bucks to 98. As I understand, romero121 bet 3,4,5,10,20,50 and up to 98. I suppose 98 dollar bet was all-in. He wrote that he has lost 2 month salary, he is from Croatia. Google say that an average salary there is about 1.5k. 3k bucks busted in minutes. That's sad.
No this is too much.If you do based up on here on the latest or year 2022then its playing around $500-1000 basing up on your skills
https://take-profit.org/en/statistics/wages/croatia/
So losing 2 month salary is between $1k-2k which is totally a waste of money and this would really be a lesson learned.
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