Man lost £20,000 in one night after becoming addicted to online gambling! - page 12.

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Quote from: pilosopotasyo on May 26, 2021, 07:01:56 AM

Quote from: Smartprofit on May 25, 2021, 02:45:33 PM

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.

There are really people whom do act that they're perfect.Arent they? Cool

Instead on understanding out the situation they do rather make out criticism instead as if they dont experience
out those kind of thrills that can be felt when you do gamble.This is just other people cant really handle out their emotion and make out bad decisions in life.
We arent perfect and mistakes could really happen it is just that there are people who are good on managing up their funds or money
and able to control the risk of getting addicted through gambling.

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Quote from: Smartprofit on May 25, 2021, 02:45:33 PM

Quote from: rhomelmabini on May 10, 2021, 09:33:38 PM

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 person is weak and sinful ... I cannot condemn this person.

Gambling addiction is considered the most dangerous type of addiction. At the same time, suicide is not a way out of the situation. This tragedy must be lived through and continue to live on. In gambling, you need to limit your bets. You need to make sure that you cannot lose such a large amount of money at a time.

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.

The issue is that there are no excuses for his behavior, after all a great deal of the population around the world was experiencing social isolation and yet they did not gambled their savings away and did not indebted themselves because of it.

And any excuse that he tries to come up with can be answered like that, he is the only one responsible for losing his money and even if the casino had closed his account he still had the desire to gamble and would have done so in another casino and lost his money anyway.

pilosopotasyo

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Quote from: Smartprofit on May 25, 2021, 02:45:33 PM

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.

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Quote from: Beparanf on May 24, 2021, 06:33:36 AM

Quote from: Kong Hey Pakboy on May 24, 2021, 06:23:19 AM

If there is some kind of intervention, I am pretty sure that people can be rehabilitated. This person isn't an exception to that process and if he can't then he is a rare case but his loved ones still has to try and intervene with the problem, it's all right if the addict denies it as long as the people around him are still doing it.

Theoretically speaking. This intervention thing will really help people to avoid being addicted. The problem was not all people are open on this kind of problem that's why its very hard to stop gambling addiction. Even the casino limitation on betting will never stop this because an addicted to gambling person can easily find a way to gamble more.

I think that it is more than just a theory since there has been a lot of cases where people who were addicted to something got the help they needed because there was an intervention involved, that's why I think that it is more than just a theory. Casino limiting the bets or the money spent are designed to be bypassed, they don't want help addicted people,they are the biggest reason why their business makes a lot of money.

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Quote from: milewilda on May 25, 2021, 03:42:22 PM

Quote from: michellee on May 25, 2021, 08:59:41 AM

Quote from: Twentyonepaylots on May 24, 2021, 02:58:22 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.

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.

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A company does no wrong in actually advertising there product or services. If other companies or organisations are at liberty to do so, why shouldn't the sports betting or casino companies. They are a legally registered firm and pay taxes so, as much as they are concerned, all warnings have been previously given. A gambler is accountable for his own behaviour while betting.

This is some of the reasons why, betting is reserved for the matured minds only of which, many parts of the world gives the range from 18+. Should a company had called or even a friend to have advised a gambler on his gambling habits while losing, he wouldn't elven stop It's just so bad that, most of these guys after engaging in uncultured gambling habits, they decide to take the easy way, I won't say easy way but, it ain't cool using debt for a resolution on debts.

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Quote from: shushu2007 on May 26, 2021, 02:50:34 AM

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.

shushu2007

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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.

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Been addicted to gambling is one part of gambling that gambling sites should help curtail. If gambling sites do kyc verification I believe it should be with the motive of knowing their customers better as well as helping them manage risk. When it comes to addiction one can't help his or herself and as such they are prone to making decisions the would end up regretting.

Gambling addicts should learn to open up to people they can trust so the can be guided and counseled. Lately the level of gamblers who commit sucide after betting their entire life savings is on the increase and if nothing is done it might mean loosing posing danger on the life of gamblers because more would still get addictive over time and would still risk beyond what the can afford to loose

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Many times the story is quite the opposite - like someone becomes millionaire with a lotto or someone hits the big jackpot. These stories are quite inspiring and many people go into FOMO mode when they hear them and perhaps that is linked to situations like the one you are describing because a percent of player will respond strongly - perhaps those with a more vivid imagination or those who feel that life is not fair with them and need to feel somehow "lucky" even if for a moment, so it is good that sometimes we remind everyone that games are just games... life if about other things.

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Quote from: michellee on May 25, 2021, 08:59:41 AM

Quote from: Twentyonepaylots on May 24, 2021, 02:58:22 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.

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.

Smartprofit

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Quote from: rhomelmabini on May 10, 2021, 09:33:38 PM

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 person is weak and sinful ... I cannot condemn this person.

Gambling addiction is considered the most dangerous type of addiction. At the same time, suicide is not a way out of the situation. This tragedy must be lived through and continue to live on. In gambling, you need to limit your bets. You need to make sure that you cannot lose such a large amount of money at a time.

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.

michellee

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Quote from: Twentyonepaylots on May 24, 2021, 02:58:22 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.

FinneysTrueVision

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Losing ₤20,000 in one night is quite common. If you've ever use martingale strategy then you know how easily it can happen. It sounds like this guy was risking more money than he could afford to lose and that is why it ruined his mental health and he went into debt because of it. If you are not a rich whale then you really must be crazy to be wagering your entire life savings.

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Quote from: Twentyonepaylots on May 24, 2021, 02:58:22 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.

Thats true, this happened because of his own doing too so there's no one to blame other than himself. Sometimes before trying to engage ourselves in any activities that can be addicted in the long run, we need to set limits and have discipline to prevent this from happening.

We will only realize our mistakes if we already in a worse situation and we cant get back what we've lost. Actually this is not an unusual story of a gambler losing huge amount, I see some other worst case than this and some of them has no happy ending.

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Quote from: Twentyonepaylots on May 24, 2021, 02:58:22 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.

Now he learned his lesson Grin

People nowadays have their own different level of hype and some of them cannot control it like this man which lead him to lose that huge amount of money.
Man, everyone should learn how to calculate and save their money before thinking to waste it. People are suffering in other parts of the world why can't it be a reason to take care of whatever little things we have.

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Quote from: Twentyonepaylots on May 24, 2021, 02:58:22 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.

Yes, it's only him and no other than him.

Quote from: Twentyonepaylots on May 24, 2021, 02:58:22 PM

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's got some wins and that's why he was encouraged to gamble and thought that it would be an easy win for him. But the unexpected has happened.

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Quote from: blockman on May 20, 2021, 03:11:14 PM

Those are easy words to say. Those can be followed by him but getting over what happened can last longer than what we can imagine. If he's a guy that surely can get over it easily then that's good for him. But if you're going to read what's on the first page, he's about to take his life so the trauma and stress that this incident has brought him are harder than you can imagine. Those solutions given are easy to say but applying it to his current state is a question. It's hard to see gamblers ending up with those bad results and starts to think of taking their own lives because they've gambled wrongly and lost a lot.

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.

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Quote from: AicecreaME on May 24, 2021, 10:33:51 AM

Quote from: imstillthebest on May 20, 2021, 12:03:16 PM

Quote from: AicecreaME on May 20, 2021, 08:12:18 AM

Almost same story that my uncle have. He has a friend that his partner in their automotive business, that's way back in early year 2000 which he entrusted their funds that cost $4,000 (that's already a big amount of money especially in the year 2000) to buy latest equipments for their shop. His partner saw a cockpit and has a derbi game on it, he bet all of the said amount and already made $8,000 profit but he never got satisfied and gambled it again the other day until he lost it all, that time, he lost his contact to his business partner that hid himself because he can't pay back the fund that he have lost in gambling.

I guess that's really the saddest part about gambling. If you don't control yourself in the process, you're really gonna end up in a very bad situation on where you'll get crazy and end up your own life. Gambling addiction is not easy to cure but it is curable of course.

his only mistake is he has a greedy strategy because he yolo[/b] or bet all what he win in the previous day.

Same stuff.

Losing in just one bet (all in) is not different on losing your money on many bets (small bets at a time), because if you're gonna lose, you're gonna lose no matter what. Also, that's the thrill of gambling, why bother making small bets and winning after every other bet if you could win one time big time, right?

Maybe that person in the article doesn't want to waste his time figuring out if he could win or not, that's why he did All-In to test his luck.

The result or outcome might be the same but you cant really force out people to bet all in or on a single phase where you wont really be having next time once you lost and this proves out that a gambler
is really just seeking for earning profit rather than entertainment.

Reasons on why some or most gamblers do prefer on a slow pace of gambling on where betting on small amounts even though it doesn't really give out different result on where they do
hope that they can profit out on the process.

Its no deniable that probabilities is there since we've been dealing with multiple bets rather than on having a single one which wont really be giving you the chance.

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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.

Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 12. (Read 3824 times)