Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 10. (Read 3792 times)
June 12, 2021, 05:59:43 AM
if he didn't intend to get back the money he lose through gambling then he wouldn't have debts to pay later on. The meaning in that statement is what makes gamblers lose less if ever a person already bet some money. I even call myself a gambler even if some people think that I only bet small amount. The highest amount of money I lose in one bet didn't even reach $5 if you converted it to dollar.
June 12, 2021, 04:44:05 AM
I've seen a lot of people who are addicted to gambling. They aren't just gambling addicts, they are addicted to adrenaline , many of them addicted to winning, addicted to risky situation. Many of them seeing gambling as a saviour. They dont realise one inetivable thing: At the end they will damaged themself as psychologically. Money can buy everything except time and health.
If you are gambler don't forget: You can only win by giving up gambling
Giving up and winning are not the same. If it's about winning and giving up then it's about winning against addiction and that's what you're reiterating and I do agree with you.If you are gambler don't forget: You can only win by giving up gambling
But if it's about winning sums of money in gambling, there's no way to stop a person that has seen the potential amount that he can win for the first try and then later on won huge money which makes him to be pursuant with it.
Quote
If you are gambler don't forget: You can only win by giving up gambling
This message refers to how we manage to lose in gambling each time we play and that is much higher than how much we gonna win.
Even if you compute the totality of win and lose then you'll find that its about 10/90 win lose.
So what he meant is that Giving up gambling will end your losing chances and in the end you are a winner by choice .
thats the deeper part of what he intended to explain.
June 12, 2021, 04:11:31 AM
Whether he admits his mistake or not, the money is gone. He is a complete idiot if he thinks that the casino will get frightened by his claim and refund his deposit. They are under no legal obligation to do so. BTW, his friends of relatives should get the individual admitted in a good mental health facility. Gambling addiction is a serious mental condition, and I guess his condition would degrade further if professional support is not given. If he refuses to get himself admitted, then it is another topic altogether.
Exactly mate I bet the world admitting your mistake is for you to move forward, learned from your mistakes and let go of what has been done. However, in case of gambling addiction I guess it really needs a treatment from a psychologist but most of all it needs a persons willingness to change his self and cure the addictions that he has on gambling. This is not an easy process, this would surely takes a lot of determination from a person who will undergo a treatment if and even if he really wanted to be treated.
June 12, 2021, 03:18:20 AM
This is a horrible and terrifying losses that a gambler may encounter. But I think it's no use of blaming the Casino or the institution where a person got lose that huge amount of asset because he really now already the consequences of gambling that much without a limit or a self control. I mean, this institution is just offering an entertainment, a service to those gamblers, it is also a business at the same time so this institution were not going to throw the person out of the building once it lost that amount as long as he has a money that he can use to place a bet. At the end of the day it is ourselves who are responsible to whatever the result of our action turns out.
This is just a way to protect his ego, I know it does not make sense but many people are like that, they cannot admit they made a mistake and they need to blame someone else so in their minds they still are this perfect version of themselves but that somehow were deceived by the casinos.But obviously we know better, we are responsible for our own actions and this person is simply irresponsible, and the fact he is not admitting his mistake only means that there is a high chance this is going to happen to him once again.
The only possible way of avoiding such fate is to gamble when with "spare funds" and make sure you are not chasing your losses because the worst part of gambling addiction is chasing your lost funds. You will 99% of the time end up losing more and stuck within a recovery syndrome.
June 12, 2021, 01:58:12 AM
I've seen a lot of people who are addicted to gambling. They aren't just gambling addicts, they are addicted to adrenaline , many of them addicted to winning, addicted to risky situation. Many of them seeing gambling as a saviour. They dont realise one inetivable thing: At the end they will damaged themself as psychologically. Money can buy everything except time and health.
If you are gambler don't forget: You can only win by giving up gambling
Giving up and winning are not the same. If it's about winning and giving up then it's about winning against addiction and that's what you're reiterating and I do agree with you.If you are gambler don't forget: You can only win by giving up gambling
But if it's about winning sums of money in gambling, there's no way to stop a person that has seen the potential amount that he can win for the first try and then later on won huge money which makes him to be pursuant with it.
June 12, 2021, 01:08:48 AM
Quote
After becoming addicted to online casino games in March last year, he lost £40,000 in the space of a month, losing half of that in just one night.
After losing that money too, he found himself in massive debt, and contemplated taking his own life.
https://www.mirror.co.uk/news/uk-news/man-lost-20000-one-night-24067466After losing that money too, he found himself in massive debt, and contemplated taking his own life.
I don't know why they are caught up in this moment but I think people know the risks yet they still try. Was it appropriate for him to call the gambling firm wrong or he was right? (See the last part of the article or better read the 3 mins. article instead)
But in small time gamblers this is a heart and soul of their gambling career.
He is certainly not the first and only one who suddenly loses so much money. On the forum I have read stories of people who have lost a lot more. If you have 21k in your bank account, and you become addicted and then lose 20k, it hurts for a while. His only lesson now is to stop immediately and build a bankroll again. Then don't gamble. nowadays it is so easy to waste your money online.
Lol i checked my wagered total in one gambling site that i played and i already had 100k just for a single site so what more to the next 7-10 gambling site that i am playing lol. June 12, 2021, 12:10:21 AM
I've seen a lot of people who are addicted to gambling. They aren't just gambling addicts, they are addicted to adrenaline , many of them addicted to winning, addicted to risky situation. Many of them seeing gambling as a saviour. They dont realise one inetivable thing: At the end they will damaged themself as psychologically. Money can buy everything except time and health.
If you are gambler don't forget: You can only win by giving up gambling
If you are gambler don't forget: You can only win by giving up gambling
June 11, 2021, 11:53:12 PM
But obviously we know better, we are responsible for our own actions and this person is simply irresponsible, and the fact he is not admitting his mistake only means that there is a high chance this is going to happen to him once again.
Whether he admits his mistake or not, the money is gone. He is a complete idiot if he thinks that the casino will get frightened by his claim and refund his deposit. They are under no legal obligation to do so. BTW, his friends of relatives should get the individual admitted in a good mental health facility. Gambling addiction is a serious mental condition, and I guess his condition would degrade further if professional support is not given. If he refuses to get himself admitted, then it is another topic altogether.
June 11, 2021, 12:07:20 PM
But how is this the fault of the casino?
The casino is merely offering a transaction to everyone that is interested in taking it on. Any player is well informed that they are taking on a losing proposition in the long run - whether or not they plan on actioning on that knowledge is their choice only.
I'm not saying that what the man has gone through is insignificant, not at all. I'm just questioning the validity of blaming the counterparty of a transaction that you had willingly entered.
The casino is merely offering a transaction to everyone that is interested in taking it on. Any player is well informed that they are taking on a losing proposition in the long run - whether or not they plan on actioning on that knowledge is their choice only.
I'm not saying that what the man has gone through is insignificant, not at all. I'm just questioning the validity of blaming the counterparty of a transaction that you had willingly entered.
This is a horrible and terrifying losses that a gambler may encounter. But I think it's no use of blaming the Casino or the institution where a person got lose that huge amount of asset because he really now already the consequences of gambling that much without a limit or a self control. I mean, this institution is just offering an entertainment, a service to those gamblers, it is also a business at the same time so this institution were not going to throw the person out of the building once it lost that amount as long as he has a money that he can use to place a bet. At the end of the day it is ourselves who are responsible to whatever the result of our action turns out.
But obviously we know better, we are responsible for our own actions and this person is simply irresponsible, and the fact he is not admitting his mistake only means that there is a high chance this is going to happen to him once again.
June 08, 2021, 09:59:26 AM
Like what I previously mentioned, there is this so called 'gambler's cycle' wherein once you start winning or losing in a bet, you will most likely bet again until you win or recover the losses that you incurred. This is most likely the situation that happened with this person. He won, he lost, he won again, he lost and the story continues until he depleted every resources he had.
Experienced gamblers know how to take care of this issue, so I am not going to mention them. For the noobs and gambling addicts, the most dangerous situation is when they win two or three games at the start. Then they start to believe that it is their lucky day. Then they will lose 2-3 games and all the gains made in the previous games will be gone. At this point, anyone with some sort of experience would quit. But the addicts would refuse to admit their losses and they will gamble until every single penny is lost.
June 08, 2021, 08:28:16 AM
Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.
If he was indeed rich, then this story would have never got published in the tabloids. The reason why this story went viral is because this guy is almost bankrupt now and he is blaming the casino for not preventing his losses. As we all know, it is ridiculous to blame the casino instead of himself. The casino can be blamed only if they had rigged some of the games. As of now, there is no evidence for any of this. It was the responsibility of the gambler to play in an accountable manner, and he couldn't do that.
Like what I previously mentioned, there is this so called 'gambler's cycle' wherein once you start winning or losing in a bet, you will most likely bet again until you win or recover the losses that you incurred. This is most likely the situation that happened with this person. He won, he lost, he won again, he lost and the story continues until he depleted every resources he had.
It's simply his fault for not being able to control himself, I get it that with the pandemic and the quarantine measures you need something to blow steam off, but there are other methods to do rather than gamble such amounts of money. I'm still curious on how he deposited such an amount on his account, I mean, doesn't it take some procedure?
June 08, 2021, 05:01:49 AM
I won't ever blame the victim for any reason, casino games are very addictive and it takes the strong mind to overcome it, most of the times I have lost money on Plinko game within 5 minutes and I know how it is, the victim may get a lot of money at hand and will voe to himself to recover from previous losses, having this instinct in mind makes you lose lots of money, the only secret to win this it to stop playing when you loose about three hits in a row, and wait for another day maybe you may be lucky the next time.
We're not using our pov here though, we're using the pov of the gambler, and said gambler is blaming someone else for his loss. It's basically a hysteric at this point, one that doesn't make sense and just throws logic out the window, skewing everything to make it work for him. Besides, the mindset of actually trying to recover your losses isn't one you should have when gambling. It's for entertainment, joy, only spend what you can. I can only blame the victim if that were the case tbh. Maybe he needs to change his mindset not to use too much money to gamble, so when he loses, he will not regret it or regret it but not in big money.
Stopping gambling for a while after losing a streak will be recommended because we need to reduce our tension and curiosity. And that is the way to take a break for a while and saving our money from another loss.
But unfortunately, most gamblers will not stop after losing some money and still think that the next rounds will be their chance to win.
That will only lead to another loss because he will not know what will happen in the next rounds.
June 07, 2021, 08:26:17 AM
I won't ever blame the victim for any reason, casino games are very addictive and it takes the strong mind to overcome it, most of the times I have lost money on Plinko game within 5 minutes and I know how it is, the victim may get a lot of money at hand and will voe to himself to recover from previous losses, having this instinct in mind makes you lose lots of money, the only secret to win this it to stop playing when you loose about three hits in a row, and wait for another day maybe you may be lucky the next time.
We're not using our pov here though, we're using the pov of the gambler, and said gambler is blaming someone else for his loss. It's basically a hysteric at this point, one that doesn't make sense and just throws logic out the window, skewing everything to make it work for him. Besides, the mindset of actually trying to recover your losses isn't one you should have when gambling. It's for entertainment, joy, only spend what you can. I can only blame the victim if that were the case tbh. June 07, 2021, 07:35:33 AM
I don't blame the victim rather, it happens regularly and his not the first person, of the victim age is less than 18, that's means he is not strong enough to fight against been addicted, it's very necessary to be careful when playing casino games because its very addictive, I just hope his family will console him while support him from not commiting suicide.
Blaming others for the mistake that you put yourself into is definitely a sign of addiction. They will always try to rationalize their wrong actions by putting the blame into others, hoping that they could save their face and their situation.
I won't ever blame the victim for any reason, casino games are very addictive and it takes the strong mind to overcome it, most of the times I have lost money on Plinko game within 5 minutes and I know how it is, the victim may get a lot of money at hand and will voe to himself to recover from previous losses, having this instinct in mind makes you lose lots of money, the only secret to win this it to stop playing when you loose about three hits in a row, and wait for another day maybe you may be lucky the next time. 
June 07, 2021, 05:34:34 AM
To someone who has no control over his actions, this is bound to happen. The guy has no one to blame for this misfortune other than himself. Because it's impossible that in the instances that he's betting, he's not at least getting a win or two. Which he could've capitalized on instead of wagering it and literally throwing it down the drain.
He should blame himself for doing that thing and make him lose too big money. But that if he realizes of what he already did before. But I wonder if he can stop gambling because of his losses because if he is addicted to gambling, I guess he will hard to stop his habit of playing gambling. He will still play gambling, although he already loses the money. Although he can win one or more times, it will difficult to recover his losses because that is a lot of money.
June 06, 2021, 06:58:06 PM
Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.
If he was indeed rich, then this story would have never got published in the tabloids. The reason why this story went viral is because this guy is almost bankrupt now and he is blaming the casino for not preventing his losses. As we all know, it is ridiculous to blame the casino instead of himself. The casino can be blamed only if they had rigged some of the games. As of now, there is no evidence for any of this. It was the responsibility of the gambler to play in an accountable manner, and he couldn't do that.
Ohh that's a cheap shot and considered desperate on the part of the gambler.
Blaming others for the mistake that you put yourself into is definitely a sign of addiction. They will always try to rationalize their wrong actions by putting the blame into others, hoping that they could save their face and their situation.
Like what I previously mentioned, there is this so called 'gambler's cycle' wherein once you start winning or losing in a bet, you will most likely bet again until you win or recover the losses that you incurred. This is most likely the situation that happened with this person. He won, he lost, he won again, he lost and the story continues until he depleted every resources he had.
June 06, 2021, 06:48:05 PM
I am not sure this guy is going to get over the shock of losing such a whopping amount of money on gambling, he need close counselling, I believed in bid to recoup his losses he continue to gamble thus couldn't control his emotion and stop as a result of strong addiction, this is a wake call to gamblers who gambles blindly in a bid to become rich overnight to desist from gambling with huge amount of money but rather gamble with the amount of money they can afford to lose.
If you are a newbie and you know the cardinal rule of not playing with money that you can afford to lose, it will go out of the window once you tasted huge winning just when you are starting to gamble, you will not even notice that you are adding more funds to your account you have built a defense mechanism believing that you already know the game and you can get all your losses back, and it will only stop once you realize that you have nothing to put more anymore.
Some compulsive gamblers go to the extend of making a loan or sell everything that he has and some become criminal just to sustain this deadly habit.
June 06, 2021, 01:17:29 PM
Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.
If he was indeed rich, then this story would have never got published in the tabloids. The reason why this story went viral is because this guy is almost bankrupt now and he is blaming the casino for not preventing his losses. As we all know, it is ridiculous to blame the casino instead of himself. The casino can be blamed only if they had rigged some of the games. As of now, there is no evidence for any of this. It was the responsibility of the gambler to play in an accountable manner, and he couldn't do that.
Even in this case eI don't find the story shocking or overly interesting. I bet (haha) that happens on a daily basis almost everywhere in the world. They lose control, maybe are drunk, and just go nuts. Ever been in Vegas anyone? I've been a couple of times and I saw people coming out the casinos crying. I am sure they did not only lose a few hundred bucks that night.
June 06, 2021, 12:04:16 PM
To someone who has no control over his actions, this is bound to happen. The guy has no one to blame for this misfortune other than himself. Because it's impossible that in the instances that he's betting, he's not at least getting a win or two. Which he could've capitalized on instead of wagering it and literally throwing it down the drain.
He should blame himself for doing that thing and make him lose too big money. But that if he realizes of what he already did before. But I wonder if he can stop gambling because of his losses because if he is addicted to gambling, I guess he will hard to stop his habit of playing gambling. He will still play gambling, although he already loses the money. Although he can win one or more times, it will difficult to recover his losses because that is a lot of money. June 06, 2021, 08:51:17 AM
Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.
If he was indeed rich, then this story would have never got published in the tabloids. The reason why this story went viral is because this guy is almost bankrupt now and he is blaming the casino for not preventing his losses. As we all know, it is ridiculous to blame the casino instead of himself. The casino can be blamed only if they had rigged some of the games. As of now, there is no evidence for any of this. It was the responsibility of the gambler to play in an accountable manner, and he couldn't do that.
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