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Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 11. (Read 3792 times)

legendary
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I guess that is one of the scary part about gambling addiction, as most of the gamblers who are seriously addicted to gambling will not realize their gambling addiction until they are heavily in debt, some of the gamblers might feel hopeless about their future after incurring a huge amount of money in debt and they might start to think of committing suicide as a way to end their debt problems. Even though it might be difficult to repay all the debts within a short period of time but life is precious and I believe if the gambler quit his gambling addiction and start to earn a stable income monthly, he could still start a new life and eventually clear all his debts as time passes.
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.
staff
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I guess that is one of the scary part about gambling addiction, as most of the gamblers who are seriously addicted to gambling will not realize their gambling addiction until they are heavily in debt, some of the gamblers might feel hopeless about their future after incurring a huge amount of money in debt and they might start to think of committing suicide as a way to end their debt problems. Even though it might be difficult to repay all the debts within a short period of time but life is precious and I believe if the gambler quit his gambling addiction and start to earn a stable income monthly, he could still start a new life and eventually clear all his debts as time passes.
hero member
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We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.This is actually a matter of choice and its true that gambling is for the sake of fun.
Gamblers had just different perception towards it where they do see it as a money making machine without any realizations
until the reality comes and tell to themselves that they were wrong.
When that gambler has much experience in gambling games, he will know his limits and never break them. But we know that not many gamblers can do that, especially new gamblers who will lack control in gambling games. It is not easy to manage the limit in gambling and it needs time before we can control ourselves. If they think that gambling can become a money-making machine, they are wrong and it will not take too long for them to realize what they do is wrong.
hero member
Activity: 965
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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.
hero member
Activity: 2940
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Dont ever chase losses because this is the main trigger out on initial addiction if you arent good on controlling it.
It is a mistake that many have been doing. It's hard to stop yet there are many that keep on doing it. In terms of control, those who have experienced it before will have to stop themselves.

Losing that much money will make them alert for the next moves that they do. Like the guy on the topic.
hero member
Activity: 2548
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The person is weak and sinful ... I cannot condemn this person.  


Yes we should understand these people, people with weak character are like this, they easily fall into something that can excite them, and if they can't control their addiction, their lives become miserable and hopeless, instead of condemning them we should understand them and offer and give them help, gambling addiction can be overcome, they just need understanding and help.
It's easy to understand them.

But next to it is how people like him would have to recover from this experience. If he wants to get some help, he can do it.

And in short, things will depend on how he's going to act after this big loss.
I'm not sure that losing money will make him stop gambling, I think gambling is like a person addicted to narcotics and it will be very difficult to get rid of even if he experiences considerable pain or loss, especially if he still has some money of course he will continue to try to play so that they can return every penny of the lost money, because basically everyone who loses gambling will have a grudge and also feel challenged to get his money back.
It's the same as other activities that make someone addicted. There are people that after a big loss, they stop wholly and they don't want to recover it anymore.

But as we know, many would like to recover it and that's going to be the most common reaction of a gambler if he losses a lot. A newbie gambler would take most that he has but if he's scared to lose everything that he has then he will stop. Again, it will depend to him the things that he'll do next.
Its indeed depending on someones decision and perception towards gambling because there are indeed people who do just simply quit and doesnt look back when they lost big on gambling into their first few tries as there are people who do really have these kind of reactions.
Your fate in gambling will really be depending on how you do deal with it and what are the safety measures in terms of risk once you do engage on it.
You are indeed prone to addiction which might really hook you up if you arent that sensible towards your actions.Dont ever chase losses because this is the main trigger out on initial addiction if you arent good on controlling it.
hero member
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The person is weak and sinful ... I cannot condemn this person. 


Yes we should understand these people, people with weak character are like this, they easily fall into something that can excite them, and if they can't control their addiction, their lives become miserable and hopeless, instead of condemning them we should understand them and offer and give them help, gambling addiction can be overcome, they just need understanding and help.
It's easy to understand them.

But next to it is how people like him would have to recover from this experience. If he wants to get some help, he can do it.

And in short, things will depend on how he's going to act after this big loss.
I'm not sure that losing money will make him stop gambling, I think gambling is like a person addicted to narcotics and it will be very difficult to get rid of even if he experiences considerable pain or loss, especially if he still has some money of course he will continue to try to play so that they can return every penny of the lost money, because basically everyone who loses gambling will have a grudge and also feel challenged to get his money back.
It's the same as other activities that make someone addicted. There are people that after a big loss, they stop wholly and they don't want to recover it anymore.

But as we know, many would like to recover it and that's going to be the most common reaction of a gambler if he losses a lot. A newbie gambler would take most that he has but if he's scared to lose everything that he has then he will stop. Again, it will depend to him the things that he'll do next.
sr. member
Activity: 1386
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The person is weak and sinful ... I cannot condemn this person. 


Yes we should understand these people, people with weak character are like this, they easily fall into something that can excite them, and if they can't control their addiction, their lives become miserable and hopeless, instead of condemning them we should understand them and offer and give them help, gambling addiction can be overcome, they just need understanding and help.
It's easy to understand them.

But next to it is how people like him would have to recover from this experience. If he wants to get some help, he can do it.

And in short, things will depend on how he's going to act after this big loss.
I'm not sure that losing money will make him stop gambling, I think gambling is like a person addicted to narcotics and it will be very difficult to get rid of even if he experiences considerable pain or loss, especially if he still has some money of course he will continue to try to play so that they can return every penny of the lost money, because basically everyone who loses gambling will have a grudge and also feel challenged to get his money back.
sr. member
Activity: 2366
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[snip]
We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.
Well, this is good advice before we put ourselves into an addiction. Gambling addiction is easy to manage if you can limit and control yourself, --handling such possible negative situations that may occur ahead is a good move towards how to fight addiction. I don't know why there are people who always fall into this, are they greedy because they always think and chase the money knowing that they already wiped out their money?
On another side, we are lucky enough here because we can able to educate ourselves about possible consequences that may occur and avoid them while it is early. Because when you are in a stage of addiction, it is hard to cure and perhaps due to your mental illness you will decide to commit crimes which is the worst.
Yes good advice from you guys, and I think it all depends on the experience and how long you have been betting and it will be getting to know yourself in gambling which allows you to control yourself and see the portion and quality before betting.
Most of the gamblers suffer big losses because they do not have enough experience and cannot know their abilities when betting what to improve and what to develop in order to become a responsible gambler and can control themselves well.
To become an expert gambler requires a long way to master yourself and gamble.
hero member
Activity: 2170
Merit: 530
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.

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.
sr. member
Activity: 1918
Merit: 442
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[snip]
We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.
Well, this is good advice before we put ourselves into an addiction. Gambling addiction is easy to manage if you can limit and control yourself, --handling such possible negative situations that may occur ahead is a good move towards how to fight addiction. I don't know why there are people who always fall into this, are they greedy because they always think and chase the money knowing that they already wiped out their money?
On another side, we are lucky enough here because we can able to educate ourselves about possible consequences that may occur and avoid them while it is early. Because when you are in a stage of addiction, it is hard to cure and perhaps due to your mental illness you will decide to commit crimes which is the worst.
legendary
Activity: 3094
Merit: 1127
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.
Chasing loses is one of the problems on where gamblers do experience is on where they do tend to chase out on what they had lost and even having the option to take some loan
or make use of their life savings which is really a bad idea and if you dont like to mess up your life then you should think on what are your priorities
and dont spent up on the money that you can afford to lose because those are intended for other purposes.Come to think on what would be the other things
you can buy with that 20k you had lost in gambling site? Only play for leisure but dont go overboard.
Yes, it is. Many gamblers still try to chase their losses the next day and with more money because they do not like to see the previous losses before. But if they take some loan to chase the losses, they can get a double loss at the same time because he does not have money to repay the loan, plus he will lose the money he borrows. Using the saving money will not be recommended because that money is for life and you use it for your own benefits and not for playing gambling. But it seems people tend to use more money to try to win the game. Playing gambling is fun, but we need to know when we must stop gambling.

We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.This is actually a matter of choice and its true that gambling is for the sake of fun.
Gamblers had just different perception towards it where they do see it as a money making machine without any realizations
until the reality comes and tell to themselves that they were wrong.
legendary
Activity: 3080
Merit: 1292
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Wow, £20,000, that is a lot money to me, why would people do such thing, it looks like gambling addiction is very horrible.
If it was me, i would be heartbroken very very much.

Not just 20,000 but 40,000 British pounds in one month. Think of that money. I have friends that barely live a comfortable life, one of them only earns 400 British pounds a month, and here we see 40,000 British pounds squandered by gambling in one month. Now if that isn't utter stupidity - I'm sorry I have to say it. The person knows that 40,000 pounds is a big amount and he should have thought about it many many times over before deciding to give it away to the gamblers due to bad play.
Which is why it is ridiculous that he is somehow now trying to blame the casino for what is happening, casinos are there to give us some entertainment and since we live in an age in which people are given maximum freedom many people think they can do whatever they want without consequences.

But in fact all of that freedom comes with responsibilities and anyone that decides to abdicate those responsibilities is going to soon find themselves in a lot of trouble, just like what happened to this gambler.

Casinos will stay no matter what, they are allowed to operate, they pay taxes and they have gamblers who are constantly playing with them. Losing is normal to us as a gambler, however, losing an amount that is extremely high is not acceptable anymore, we are getting stupid because we can't control our emotion and it only showed how irresponsible we are, and with that, it's ourselves who should be blamed, not other people or gambling itself.

It's a pretty stupid excuse.
hero member
Activity: 2702
Merit: 704
Wow, £20,000, that is a lot money to me, why would people do such thing, it looks like gambling addiction is very horrible.
If it was me, i would be heartbroken very very much.

Not just 20,000 but 40,000 British pounds in one month. Think of that money. I have friends that barely live a comfortable life, one of them only earns 400 British pounds a month, and here we see 40,000 British pounds squandered by gambling in one month. Now if that isn't utter stupidity - I'm sorry I have to say it. The person knows that 40,000 pounds is a big amount and he should have thought about it many many times over before deciding to give it away to the gamblers due to bad play.
Which is why it is ridiculous that he is somehow now trying to blame the casino for what is happening, casinos are there to give us some entertainment and since we live in an age in which people are given maximum freedom many people think they can do whatever they want without consequences.

But in fact all of that freedom comes with responsibilities and anyone that decides to abdicate those responsibilities is going to soon find themselves in a lot of trouble, just like what happened to this gambler.
legendary
Activity: 2590
Merit: 2348
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-24067466

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)
The guy says he was drinking and he borrowed money from family, friends and payday loans. 2 things you must never do when you're gambling.
You shouldn't take alcoholic beverages when you wager money at any gambling game and you should never take any loans for that. Gambling money you can't afford to lose is the worst thing you can do when you gamble. It should be written on the home page of online casinos.
hero member
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The person is weak and sinful ... I cannot condemn this person.  


Yes we should understand these people, people with weak character are like this, they easily fall into something that can excite them, and if they can't control their addiction, their lives become miserable and hopeless, instead of condemning them we should understand them and offer and give them help, gambling addiction can be overcome, they just need understanding and help.
It's easy to understand them.

But next to it is how people like him would have to recover from this experience. If he wants to get some help, he can do it.

And in short, things will depend on how he's going to act after this big loss.
sr. member
Activity: 2044
Merit: 329
Wow, £20,000, that is a lot money to me, why would people do such thing, it looks like gambling addiction is very horrible.
If it was me, i would be heartbroken very very much.
For others this is just a peanut but for us this can be the start of new tomorrow, I use to be addicted in gambling but never that i afford losing this much in single night? Common this is too much to expect.

but if all my losses combined then this maybe more than this , at least 100-150k euro for my whole gambling career.
wow, you have spent quite a bit of money on gambling in your lifetime...

Until now, the money I have spent on gambling is still very small because I am not a gambling addict. to be honest, I am grateful for that because there are still many costs that I have to pay for every day.
hero member
Activity: 2002
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Perhaps this person needed the presence of a faithful friend next to him.  

A friend who could keep him from continuing the game.  Perhaps this man was lonely.
Probably it would help. The man was lonely due to the pandemic and gone too far on his gambling adventure. After losing he had no choice besides telling his family about the issue, which promptly started giving support and helping him. The gambler did the right thing and was courageous to share his bad experience with his family, I must admit.
Now they just need to stay together and keep in touch more often to avoid loneliness. For some people it's not an issue to stay alone, quite the opposite, as there are people who feel much better alone than in groups, but for others loneliness is devastating and can lead to addictions like gambling.
hero member
Activity: 2002
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Not just 20,000 but 40,000 British pounds in one month. Think of that money. I have friends that barely live a comfortable life, one of them only earns 400 British pounds a month, and here we see 40,000 British pounds squandered by gambling in one month. Now if that isn't utter stupidity - I'm sorry I have to say it. The person knows that 40,000 pounds is a big amount and he should have thought about it many many times over before deciding to give it away to the gamblers due to bad play.
The lack of self-control hit him or maybe the lack of guidance as well from the family but I say the latter isn't that common for young adults of this age. Sometimes it can't be avoided if addiction comes to play and those addicts only realized when something they've treasure most was gone to them.
hero member
Activity: 1792
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Leading Crypto Sports Betting & Casino Platform
Wow, £20,000, that is a lot money to me, why would people do such thing, it looks like gambling addiction is very horrible.
If it was me, i would be heartbroken very very much.

Not just 20,000 but 40,000 British pounds in one month. Think of that money. I have friends that barely live a comfortable life, one of them only earns 400 British pounds a month, and here we see 40,000 British pounds squandered by gambling in one month. Now if that isn't utter stupidity - I'm sorry I have to say it. The person knows that 40,000 pounds is a big amount and he should have thought about it many many times over before deciding to give it away to the gamblers due to bad play.
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