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Topic: Man lost £20,000 in one night after becoming addicted to online gambling! (Read 3786 times)

legendary
Activity: 2618
Merit: 1105
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That's really a lot of money to lose in just one night, I think the man was pumped or hyped to play the online gambling even I when I'm new to online gambling I was really addicted in the first few days lose some money but not as big as the this man. It's true that you will only find yourself addicted when you almost or lose everything you have, this gambling is really dangerous especially you only need to have browser and internet to access it.
Lately gambling sites has increased their advert rates and also added so many enticing offers that could make even non-gamblers want to risk their funds without knowing it's a game of chance and luck. I believe he must have been a victim of one of this numerous hypes and maybe he must have been told that it's a sure odd and his greed and ego liured him into risking such a huge amount.
There is nothing as hype with gambling sites, because people are well aware about the consequences of gambling. For some it brings in money, looking the same everyone shouldn't expect the same to happen for them. As it has the ability to multiply the money involved, people will continue to participate even after continued losses.
legendary
Activity: 3136
Merit: 1343
Leading Crypto Sports Betting & Casino Platform
So, I believe that the treatment to be effective, several factors need to be analyzed.

If the person ingests some medications and performs some kind of psychological follow-up, there are great chances that the person will quit the addiction (but this is relative and varies from person to person)

But the main factor for the person to get out of addiction is his willpower it!

Well.. medical technology has progressed a lot, and so what you are saying maybe correct. I was thinking that addiction is mostly a mental thing, and therefore medicines may be of limited usage. Anyway, since we have medications for depression and mood swings, it will not surprise me if we have effective medicines to deal with addiction as well. I just want the addicts to get treated, before they do damage to themselves and to their loved ones. I personally know a few such tragic cases in my neighborhood.
member
Activity: 840
Merit: 23
That's really a lot of money to lose in just one night, I think the man was pumped or hyped to play the online gambling even I when I'm new to online gambling I was really addicted in the first few days lose some money but not as big as the this man. It's true that you will only find yourself addicted when you almost or lose everything you have, this gambling is really dangerous especially you only need to have browser and internet to access it.
Lately gambling sites has increased their advert rates and also added so many enticing offers that could make even non-gamblers want to risk their funds without knowing it's a game of chance and luck. I believe he must have been a victim of one of this numerous hypes and maybe he must have been told that it's a sure odd and his greed and ego liured him into risking such a huge amount.
hero member
Activity: 1526
Merit: 756
The Alliance Of Bitcointalk Translators - ENG>POR
I don't know whether medications will be useful against addiction. In most cases, the individual needs to control his urges. That said, I have seen people using nicotine-based chewing gums to reduce withdrawal symptoms for tobacco (don't know about any such substance available to combat alcohol addiction). First of all, the individual needs to understand that it is beneficial for him to stay away from the habit. If he is unsupportive, then I am not sure how all these treatments and counseling can be helpful.
So, I believe that the treatment to be effective, several factors need to be analyzed.

If the person ingests some medications and performs some kind of psychological follow-up, there are great chances that the person will quit the addiction (but this is relative and varies from person to person)

But the main factor for the person to get out of addiction is his willpower it!
legendary
Activity: 3136
Merit: 1343
Leading Crypto Sports Betting & Casino Platform
Yep, you are correct to say that.
Unfortunately, for those who do not live in a developed country or do not have a good health insurance plan, chances are they will not be able to heal the habit.

I conducted a quick search about this topic and found that one of the most common addictions in the world (generally speaking) is addiction to tobacco (cigarettes, cigars and others), and addiction to alcohol.

One of the most common ways to heal of this addiction is the use of proper medications and psychotherapies. (of course there are specific cases)
By the way, I never imagined that hypnotherapy could help with the treatment.

I don't know whether medications will be useful against addiction. In most cases, the individual needs to control his urges. That said, I have seen people using nicotine-based chewing gums to reduce withdrawal symptoms for tobacco (don't know about any such substance available to combat alcohol addiction). First of all, the individual needs to understand that it is beneficial for him to stay away from the habit. If he is unsupportive, then I am not sure how all these treatments and counseling can be helpful.
hero member
Activity: 1526
Merit: 756
The Alliance Of Bitcointalk Translators - ENG>POR
Basically, addiction globally is obsessive behavior towards something that causes dependence
some developed countries provide free counseling services for those who are addicted to alcohol, drugs, sex, gadgets, gambling, and work

Healing using hypnotherapy is quite effective in reducing gambling addiction, many psychiatrists have mastered this

but if you live in a poor or developing country, you should use private funds to cure your gambling addiction. so try to master your desire when gambling so you don't experience losing £20,000 in one night Cheesy

Yep, you are correct to say that.
Unfortunately, for those who do not live in a developed country or do not have a good health insurance plan, chances are they will not be able to heal the habit.

I conducted a quick search about this topic and found that one of the most common addictions in the world (generally speaking) is addiction to tobacco (cigarettes, cigars and others), and addiction to alcohol.

One of the most common ways to heal of this addiction is the use of proper medications and psychotherapies. (of course there are specific cases)
By the way, I never imagined that hypnotherapy could help with the treatment.
legendary
Activity: 2030
Merit: 1157
Why call it addiction if it was 20k in one night, that sounds like someone who just had a compulsion where as addiction is returning many times to something no longer even enjoyed especially.    I'm not sure the company is especially wrong for allowing someone to gamble, its not like its impossible to spend 20k in one night if you like.   People always state these cases in exclusion but I presume its a pattern of behavior that would exist even without gambling, maybe Im assuming too much but I dont think this is the one vulnerability they have in life and somehow a particular company found how to target it.
     The only thing I can think of is new customers could be restricted in spending perhaps but some new people are also millionaires and 20k is nothing to them, its harder to categorize exactly.   I've known people who could lose 20k and be in a bad mood for about a day and then its whatever because they also spend 20k on a watch or a car.    There is a demo mode on slots that I know of, they let you gamble win or lose and its not altering a real balance.   Its a learner mode, people choose to spend so do we let people have free will or not.

Right he just lost his nerves obviously if he never before gambled or he was very drunk. Still he obviously had two good credit cards? How else would he find himself indebted so much? If he just used money of his account he obviously had a money or he was given credit line by his bank, which would still be a bit unusual because a bank probably doesn't grant a player a credit line that massive. To me it feels like that is still not an amount that is worth suicide. There are people losing much much more than that.

And generally, I don't think it is unusual to play those stakes. Look at the high stakes guys on Pokerstars, why should a gambling service company get suspicious if someone deposits a couple of thousand?
STT
legendary
Activity: 3850
Merit: 1407
Leading Crypto Sports Betting & Casino Platform
Why call it addiction if it was 20k in one night, that sounds like someone who just had a compulsion where as addiction is returning many times to something no longer even enjoyed especially.    I'm not sure the company is especially wrong for allowing someone to gamble, its not like its impossible to spend 20k in one night if you like.   People always state these cases in exclusion but I presume its a pattern of behavior that would exist even without gambling, maybe Im assuming too much but I dont think this is the one vulnerability they have in life and somehow a particular company found how to target it.
     The only thing I can think of is new customers could be restricted in spending perhaps but some new people are also millionaires and 20k is nothing to them, its harder to categorize exactly.   I've known people who could lose 20k and be in a bad mood for about a day and then its whatever because they also spend 20k on a watch or a car.    There is a demo mode on slots that I know of, they let you gamble win or lose and its not altering a real balance.   Its a learner mode, people choose to spend so do we let people have free will or not.
full member
Activity: 1050
Merit: 109
1xBit.. recovered their reputation
Guys... I was thinking to myself and I had this doubt.

Could someone tell me how is the treatment for a person addicted to gambling?
Is it something similar to an alcohol or drug addict? Or something like that?

Could someone explain to me!!?

Thanks!
Basically, addiction globally is obsessive behavior towards something that causes dependence
some developed countries provide free counseling services for those who are addicted to alcohol, drugs, sex, gadgets, gambling, and work

Healing using hypnotherapy is quite effective in reducing gambling addiction, many psychiatrists have mastered this

but if you live in a poor or developing country, you should use private funds to cure your gambling addiction. so try to master your desire when gambling so you don't experience losing £20,000 in one night Cheesy
sr. member
Activity: 1414
Merit: 389
★Bitvest.io★ Play Plinko or Invest!
When at that point logic and rationality is the least of a gambler's concern. Gambler's fallacy is at play here when they assume that they will win the next run when all of it is purely based on chance or immense skill. I believe the same happened for this man which caused him to incur multiple losses that amounted to £20000 in one night. Yet this may still be tad-bit off from addiction assuming that this hasn't been happening in the past. Still, it is no excuse to not consult a professional health practitioner to give him some important guidance and advice.
That's really a lot of money to lose in just one night, I think the man was pumped or hyped to play the online gambling even I when I'm new to online gambling I was really addicted in the first few days lose some money but not as big as the this man. It's true that you will only find yourself addicted when you almost or lose everything you have, this gambling is really dangerous especially you only need to have browser and internet to access it.
Most of the time it's not the hype or the enjoyment that pushes a gambler to play more but the pressure of last game's results. Say he won the initial run, he would want to spend more in order to accumulate more wins instead of calling it quits and going home with his victory. The same could be the case for if he loses the initial run.
hero member
Activity: 1526
Merit: 756
The Alliance Of Bitcointalk Translators - ENG>POR
It is almost similar but I believe there is a difference between drugs and gambling addicts so the treatment will not be too different.
But the difference maybe is about if they become heavily addicted because if you are drug-addicted, you risk your life and cause death.
Hopefully, the addicted people can realize that they need to change their life for the better.
Everyone deserves a second chance but that will only be for people who really want to change.
Yes, I believe that's what I thought.
I imagine there is not a big difference in a person addicted to gambling than a person addicted in drugs. Of course, each treatment has its peculiarities, but generally speaking, the treatment can be a little bit similar.

I have not been subject to that kind of treatment but the treatment is very similar, after all even if you are not addicted to a controlled substance, since those that are addicted to gambling are addicted to an activity, it is known that the activity itself creates in your brain some of the very same chemical compounds found in illegal drugs, so chemically speaking there is no difference between being addicted to the substance and being addicted to an activity that causes the substance to appear naturally within the body.
Exactly, that's what I thought (and commented) right above. I believe the treatment can be similar.
Anyway, I also believe that everything in life needs to have a limit, from recreational drug use (this is not an apology for drug use and I don't have problems with people who use it), video games, alcohol, because of everything in excessive could be harmful to himself in the future.
legendary
Activity: 3136
Merit: 1343
Leading Crypto Sports Betting & Casino Platform
I have not been subject to that kind of treatment but the treatment is very similar, after all even if you are not addicted to a controlled substance, since those that are addicted to gambling are addicted to an activity, it is known that the activity itself creates in your brain some of the very same chemical compounds found in illegal drugs, so chemically speaking there is no difference between being addicted to the substance and being addicted to an activity that causes the substance to appear naturally within the body.

I am not sure whether I could agree to this. Drug addition is different. When you are using a certain drug, such as heroin or fentanyl for a long time and if suddenly you stop using it, then you may undergo withdrawal symptoms. In many cases, this may be violent. Now the withdrawal symptoms for drugs, alcohol.etc are physical. On the other hand, gambling addiction is something that is mental. That is why you need to consult a general physician for drug addiction, and a psychiatrist on the other hand for gambling addiction.
legendary
Activity: 2450
Merit: 1322
Guys... I was thinking to myself and I had this doubt.

Could someone tell me how is the treatment for a person addicted to gambling?
Is it something similar to an alcohol or drug addict? Or something like that?

Could someone explain to me!!?

Thanks!
I have not been subject to that kind of treatment but the treatment is very similar, after all even if you are not addicted to a controlled substance, since those that are addicted to gambling are addicted to an activity, it is known that the activity itself creates in your brain some of the very same chemical compounds found in illegal drugs, so chemically speaking there is no difference between being addicted to the substance and being addicted to an activity that causes the substance to appear naturally within the body.
hero member
Activity: 2940
Merit: 657
★Bitvest.io★ Play Plinko or Invest!
Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.
It is our emotion that are putting us in both, good or bad situation.

But if it's uncontrollable and you're facing the consequence of not controlling it, you're going to have that bad results because you cannot control it and it gives you the sensation that you have to keep going.
Sometimes continuing to gamble after a losing streak can be a good return, but the danger is that when we can't get those wins we will of course end up in bankruptcy. I think things like realizing stop time is still a tough thing, because in the game we are the only people who can control ourselves from the game we play, and therefore also giving up time to stop and come back tomorrow is something which is difficult if we are not disciplined.
You'll never know if you have your luck with you as you continue after having a losing streak. Well, you'll never know if you won't try.

The risk in gambling are everywhere, from the bets and as well as if you're going to continue or not.
legendary
Activity: 1232
Merit: 1071
... I think people know the risks yet they still try.

People know the risk and still try because it is called gambling and they are well aware that it is a game of chance which they have misinterpreted to call luck, and they always tend to believe that are lucky and whenever they are feeling lucky, they always want to play and try out their luck as well.

Also, just like other vices legal and illegal, people are well aware of the negative effects even before they try or start it. As a matter of fact, they have accepted it, so they don't care.

Others just like to hide behind the saying "No risk, No reward".


hero member
Activity: 2170
Merit: 530
Chasing after losses is in basic human behavior. Only the most experienced gamblers will be able to overcome it. Even I have made this mistake, in my early days. If someone sticks to strict daily limits on gambling, then these issues will never arise. But unfortunately, most of the gamblers are not that organized. I was fortunate to avoid huge losses in my gambling history, but I know a lot of people who suffered them. It is a part of life in gambling. When you win, someone else is losing on the other side.

So glad you now managed to avoid huge losses seems that you applied the learning that you've learned from your past experienced mate. Chasing after losses was also a reason why some or many of the gamblers fall for huge loses. And even the well-experienced or well-skilled gambler couldn't make a good game favor to him in just a first attempt. I said this in refer to my own experience because I do made chase after losses too and in the end I have just commit a much more losses but now I learned the best lesson for myself whenever I gamble and that is to have a proper self-limitation in everything I do especially in gambling.
hero member
Activity: 2702
Merit: 572
I think the treatment will be building a new mind for him and trying to eradicate the addiction by giving him a new activity that must not be related to gambling so his mind can distract to think about gambling.
Maybe make him busy with the new thing can help his mind to focus on that new thing so he will not think about gambling anymore.
It could be similar to treating an alcohol or drug addict, but the difference is that a person addicted to gambling is not sick in his body and needs to change his mind.
But for the best answer, you can visit a psychiatrist who knows how to treat the addicted person to gambling.
Hmm, about your comments, I was able to conclude that a gambling addict is something similar to a drugs addict and the treatment can be similar.

I still believe that the addict can undergo psychotherapy and go to a psychiatrist to improve their results and get out of this addiction!!
It is almost similar but I believe there is a difference between drugs and gambling addicts so the treatment will not be too different.
But the difference maybe is about if they become heavily addicted because if you are drug-addicted, you risk your life and cause death.
Hopefully, the addicted people can realize that they need to change their life for the better.
Everyone deserves a second chance but that will only be for people who really want to change.
hero member
Activity: 1526
Merit: 756
The Alliance Of Bitcointalk Translators - ENG>POR
It depends on the level of addiction. You need to consult a doctor (in my case psychiatrist) to evaluate your problem and make an assessment. They also prescribe a medication if necessary.

Though sometimes a family's presence and advices are enough to refrain yourself in playing gambling games. Why are you doubting yourself?

I think the treatment will be building a new mind for him and trying to eradicate the addiction by giving him a new activity that must not be related to gambling so his mind can distract to think about gambling.
Maybe make him busy with the new thing can help his mind to focus on that new thing so he will not think about gambling anymore.
It could be similar to treating an alcohol or drug addict, but the difference is that a person addicted to gambling is not sick in his body and needs to change his mind.
But for the best answer, you can visit a psychiatrist who knows how to treat the addicted person to gambling.
Hmm, about your comments, I was able to conclude that a gambling addict is something similar to a drugs addict and the treatment can be similar.

I still believe that the addict can undergo psychotherapy and go to a psychiatrist to improve their results and get out of this addiction!!
hero member
Activity: 2702
Merit: 572
Guys... I was thinking to myself and I had this doubt.

Could someone tell me how is the treatment for a person addicted to gambling?
Is it something similar to an alcohol or drug addict? Or something like that?

Could someone explain to me!!?

Thanks!
I think the treatment will be building a new mind for him and trying to eradicate the addiction by giving him a new activity that must not be related to gambling so his mind can distract to think about gambling.
Maybe make him busy with the new thing can help his mind to focus on that new thing so he will not think about gambling anymore.
It could be similar to treating an alcohol or drug addict, but the difference is that a person addicted to gambling is not sick in his body and needs to change his mind.
But for the best answer, you can visit a psychiatrist who knows how to treat the addicted person to gambling.
legendary
Activity: 3136
Merit: 1343
Leading Crypto Sports Betting & Casino Platform
Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

Chasing after losses is in basic human behavior. Only the most experienced gamblers will be able to overcome it. Even I have made this mistake, in my early days. If someone sticks to strict daily limits on gambling, then these issues will never arise. But unfortunately, most of the gamblers are not that organized. I was fortunate to avoid huge losses in my gambling history, but I know a lot of people who suffered them. It is a part of life in gambling. When you win, someone else is losing on the other side.
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