Man lost £20,000 in one night after becoming addicted to online gambling! - page 13.

AicecreaME

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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.

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

Quote from: South Park on May 23, 2021, 02:02:15 PM

Which unfortunately it is what the gambler that lost all of that money was doing when he tried to place the blame on the casinos, which means that there is a very high chance that he is going to make this mistake again, it is known that those that own their mistakes and their actions are way less likely to make life changing mistakes as they know they are the ones at fault and the ones that will have to solve their problems, people like this gambler will keep making mistakes in all aspects of their lives as they are incapable of owning their mistakes.

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.

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Quote from: South Park on May 23, 2021, 02:02:15 PM

Which unfortunately it is what the gambler that lost all of that money was doing when he tried to place the blame on the casinos, which means that there is a very high chance that he is going to make this mistake again, it is known that those that own their mistakes and their actions are way less likely to make life changing mistakes as they know they are the ones at fault and the ones that will have to solve their problems, people like this gambler will keep making mistakes in all aspects of their lives as they are incapable of owning their mistakes.

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.

Vishnu.Reang

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Quote from: South Park on May 23, 2021, 02:02:15 PM

Which unfortunately it is what the gambler that lost all of that money was doing when he tried to place the blame on the casinos, which means that there is a very high chance that he is going to make this mistake again, it is known that those that own their mistakes and their actions are way less likely to make life changing mistakes as they know they are the ones at fault and the ones that will have to solve their problems, people like this gambler will keep making mistakes in all aspects of their lives as they are incapable of owning their mistakes.

Unless he can prove that the casino employees forced him to gamble, it is not going to benefit him. He was of the legal age, and in sound mental health. He spent all that money on his own, and now there is no point in badmouthing the casino. And since casinos are visited by thousands of people every day, it is not practical for the employees to know whether the gambler is blowing up all his savings in one day or not. After all, casinos are also businesses and they have expenses to take care of. Usually the house edge is in the range of 1%-2%, and from this amount they need to cover the taxes and employee salaries.

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Quote from: South Park on May 23, 2021, 02:02:15 PM

Quote from: uneng on May 20, 2021, 12:21:37 PM

Self-pity, victimization or blaming the casino and gambling don't solve any problems. There is no easy solutions, but potential solutions are only going to get harder if the gambler get focused on the pain. Money comes and go all the time and nobody should get too attached to it. It's different than losing a beloved person: the amount you lose today, you can recover tomorrow or even more since you set your mindset on this direction.
Good and positive thoughts attract energies of the same kind which help us solving our problems in different areas of our lives, that is what I believe.

Which unfortunately it is what the gambler that lost all of that money was doing when he tried to place the blame on the casinos, which means that there is a very high chance that he is going to make this mistake again, it is known that those that own their mistakes and their actions are way less likely to make life changing mistakes as they know they are the ones at fault and the ones that will have to solve their problems, people like this gambler will keep making mistakes in all aspects of their lives as they are incapable of owning their mistakes.

Most of gamblers doesnt really accept their own mistake on where its true that they would really be most likely taking out the blame into the casino on why they lost and after that they would play again
once they do have already some balance into their account.The amount is really limitless when it comes to losing money probability and this is what makes gambling industry to be so profitable.
You would be really having the tendency to commit out such events in your life if you do let yourself get hooked with addiction and doesnt mind off about your finances.
As long you do have the money to spent on or sell your properties and assets then you would really always have the chance on going all in.

South Park

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Quote from: uneng on May 20, 2021, 12:21:37 PM

Self-pity, victimization or blaming the casino and gambling don't solve any problems. There is no easy solutions, but potential solutions are only going to get harder if the gambler get focused on the pain. Money comes and go all the time and nobody should get too attached to it. It's different than losing a beloved person: the amount you lose today, you can recover tomorrow or even more since you set your mindset on this direction.
Good and positive thoughts attract energies of the same kind which help us solving our problems in different areas of our lives, that is what I believe.

Which unfortunately it is what the gambler that lost all of that money was doing when he tried to place the blame on the casinos, which means that there is a very high chance that he is going to make this mistake again, it is known that those that own their mistakes and their actions are way less likely to make life changing mistakes as they know they are the ones at fault and the ones that will have to solve their problems, people like this gambler will keep making mistakes in all aspects of their lives as they are incapable of owning their mistakes.

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Quote from: iTradeChips on May 23, 2021, 06:23:07 AM

So he lost all 40 thousand British pounds in one month during the lockdowns in England. I am not sure how to deal with that. If it is not lockdown and not covid then he might have gambled less and less since he has other avenues or things that he can do that would make him not gamble. But anyway he gambled and that happened. His story is already a cautionary tale for us people who has online gambling accounts. What I do is only play poker sites with play money that's it.

That's sooo horrible story. And yeah there might a factor that pandemic causes him to play a lot that he got to the point of that big lose. We all stayed at home for 2 years now and hopefully this story will become a lesson to all the gambler out there to gamble moderately and responsibly. If im the one in his shoe that time maybe I do that also because im not sure how to deal the life with big debt. He got depressed because of pandemic and to kill the boredom he got addicted to gamble. Loses a big money got depressed again and kill himself Sad

(( Make it lesson guys.

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Quote from: iTradeChips on May 23, 2021, 06:23:07 AM

So he lost all 40 thousand British pounds in one month during the lockdowns in England. I am not sure how to deal with that. If it is not lockdown and not covid then he might have gambled less and less since he has other avenues or things that he can do that would make him not gamble. But anyway he gambled and that happened. His story is already a cautionary tale for us people who has online gambling accounts. What I do is only play poker sites with play money that's it.

Well.. let's not examine the ifs and buts. It is actually very simple. The guy was suffering from mental issues and unfortunately his family and friends were unaware of it. If they had known about his disease, then most probably he could have got the required treatment and his family members might have taken adequate precautions. Actually this is a warning for all the gamblers. If you believe that you are showing signs of gambling addiction, then don't defer any further and seek immediate assistance.

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So he lost all 40 thousand British pounds in one month during the lockdowns in England. I am not sure how to deal with that. If it is not lockdown and not covid then he might have gambled less and less since he has other avenues or things that he can do that would make him not gamble. But anyway he gambled and that happened. His story is already a cautionary tale for us people who has online gambling accounts. What I do is only play poker sites with play money that's it.

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Once a player already steps or visit the gambling website or casino make sure are you willing to risk all of the funds do you have its a gamble it's a game of all or nothing, win or lose. We have different sets of risk management and self-control I think the man losses a lot of money it's because of the eagerness to get more money or to take back its loss it's hard to fight against your ego if you are caught by the emotions.

The best way still always to keep conscious about everything that happens to your game to prevent losing too much because of greed or failure of the gamble.

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Quote from: Oilacris on May 20, 2021, 05:19:38 PM

When seeing those future events on what would happen if we do spend too much then based up on common sense and self realizations you can actually picture it out ahead of time

but we dont know on what would be the consequences further on or what are the things would be mainly affected after you had commited such mistake.Its true that this is something not an easy thing for you to control

I thought that you can picture the situation ahead if you're realizing it but I guess this is just for us who have experience and knows how to handle the situation. There's a likelihood that realization you're seeing might happen if you know what you do and there's an experience that ticks that in your mind. But the problem is that there are new addicted gamblers that can't picture it out. They don't listen to the experiences of others and that makes them ending very bad which serves as a hard lesson for them to learn.

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Quote from: Vaskiy on May 19, 2021, 03:37:53 PM

Quote from: hahay on May 19, 2021, 01:56:27 PM

I think it's not about the amount but we can all learn from his mistakes, as gamblers you should always consider the worst effects and not just consider and dream about the good impact or profit that will be obtained. Because if the gambler has a consideration about the bad effects, then of course the gambler will be more responsible, not in a negative way such as suicide or anything after the bad impact is actually experienced at the end.

Just because you made $100 out of $10 one should not feel happy and stay positive. In all aspects of life we need to have positive mind. With gambling this needs to be different. I'm an example for the same. Just because I made $500 out of $200 I had a big dream. This has finally made me loss around $20000 in less than three months.

OMG, that's a big amount, I'm sorry about your loss. I'm not even asking, could you afford to lose such money, because losing $20k wouldn't be easy for anyone. I hope you'll be able to earn the money back in the next few months, but not through gambling, obviously.

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.

I disagree. His main mistake was going all-in the first time. Yes, he was lucky and won, but commonly this mindset leads to disaster.

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

Quote from: uneng on May 20, 2021, 12:21:37 PM

Quote from: blockman on May 20, 2021, 11:09:15 AM

As if he can recover that much mentally after losing that within a single night. It's easy to say some solutions to people like him because we're not in his position. But it's hard for him to absorb all of those suggestions because he's still in the mode of shock and disappointment. We're sure that he's going to recover in the future with those means like just going back to normal life and having himself focused in other ways like what you've said like investing. Although we don't have an idea how long he's going to do it and will able to conquer that bad feeling he's experiencing.

Self-pity, victimization or blaming the casino and gambling don't solve any problems. There is no easy solutions, but potential solutions are only going to get harder if the gambler get focused on the pain. Money comes and go all the time and nobody should get too attached to it. It's different than losing a beloved person: the amount you lose today, you can recover tomorrow or even more since you set your mindset on this direction.
Good and positive thoughts attract energies of the same kind which help us solving our problems in different areas of our lives, that is what I believe.

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.

When seeing those future events on what would happen if we do spend too much then based up on common sense and self realizations you can actually picture it out ahead of time

but we dont know on what would be the consequences further on or what are the things would be mainly affected after you had commited such mistake.Its true that this is something not an easy thing for you to control

when you are already on the actual situation since its really hard to resist on and does matter on someones awareness and sensibility towards the things that he had engaged on.

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Quote from: uneng on May 20, 2021, 12:21:37 PM

Quote from: blockman on May 20, 2021, 11:09:15 AM

As if he can recover that much mentally after losing that within a single night. It's easy to say some solutions to people like him because we're not in his position. But it's hard for him to absorb all of those suggestions because he's still in the mode of shock and disappointment. We're sure that he's going to recover in the future with those means like just going back to normal life and having himself focused in other ways like what you've said like investing. Although we don't have an idea how long he's going to do it and will able to conquer that bad feeling he's experiencing.

Self-pity, victimization or blaming the casino and gambling don't solve any problems. There is no easy solutions, but potential solutions are only going to get harder if the gambler get focused on the pain. Money comes and go all the time and nobody should get too attached to it. It's different than losing a beloved person: the amount you lose today, you can recover tomorrow or even more since you set your mindset on this direction.
Good and positive thoughts attract energies of the same kind which help us solving our problems in different areas of our lives, that is what I believe.

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.

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Quote from: blockman on May 20, 2021, 11:09:15 AM

Quote from: uneng on May 19, 2021, 10:02:54 PM

Quote from: blockman on May 19, 2021, 03:43:39 PM

Quote from: hahay on May 19, 2021, 01:56:27 PM

I think it's not about the amount but we can all learn from his mistakes, as gamblers you should always consider the worst effects and not just consider and dream about the good impact or profit that will be obtained.

The amount is still huge and that's why it matters but you're correct that the effects of our actions when we gamble should be considered. The effects vary and probably the impact of it depends also on the amount that we lose. And if we're just like OP and we've lost that in an instant within a single night, I know what I'll be feeling by that time. That would be a nightmare to me that I won't forget. Maybe if the time that I get old, I'll remember it and would just make fun of it but while the days are still near to that exact event which I've lost that amount, it would put me most of the time in bad setting and mood.

Indeed. But this gambler, as any other who also has lost big, have no other option than recovering the gone money through healthy methods like working and investing. For a first world country's citizen like him I think it must not be so hard to earn 20,000 euros in a year or so. I just hope he has learned an important lesson with this loss and that he overcome his addiction with the help of his family members who already know about the situation.

As if he can recover that much mentally after losing that within a single night. It's easy to say some solutions to people like him because we're not in his position. But it's hard for him to absorb all of those suggestions because he's still in the mode of shock and disappointment. We're sure that he's going to recover in the future with those means like just going back to normal life and having himself focused in other ways like what you've said like investing. Although we don't have an idea how long he's going to do it and will able to conquer that bad feeling he's experiencing.

Self-pity, victimization or blaming the casino and gambling don't solve any problems. There is no easy solutions, but potential solutions are only going to get harder if the gambler get focused on the pain. Money comes and go all the time and nobody should get too attached to it. It's different than losing a beloved person: the amount you lose today, you can recover tomorrow or even more since you set your mindset on this direction.
Good and positive thoughts attract energies of the same kind which help us solving our problems in different areas of our lives, that is what I believe.

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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.

how old are you that time ? you have a good memory to remember a old story from your uncle but the situation of his partner is much better because he still has a control to stop after winning and decided to comeback the next day .
his only mistake is he has a greedy strategy because he yolo or bet all what he win in the previous day.
all in bets will make you lost in the long run and you uncle should report it to the police to track the guy and pay for what he did .

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Quote from: uneng on May 19, 2021, 10:02:54 PM

Quote from: blockman on May 19, 2021, 03:43:39 PM

Quote from: hahay on May 19, 2021, 01:56:27 PM

I think it's not about the amount but we can all learn from his mistakes, as gamblers you should always consider the worst effects and not just consider and dream about the good impact or profit that will be obtained.

The amount is still huge and that's why it matters but you're correct that the effects of our actions when we gamble should be considered. The effects vary and probably the impact of it depends also on the amount that we lose. And if we're just like OP and we've lost that in an instant within a single night, I know what I'll be feeling by that time. That would be a nightmare to me that I won't forget. Maybe if the time that I get old, I'll remember it and would just make fun of it but while the days are still near to that exact event which I've lost that amount, it would put me most of the time in bad setting and mood.

Indeed. But this gambler, as any other who also has lost big, have no other option than recovering the gone money through healthy methods like working and investing. For a first world country's citizen like him I think it must not be so hard to earn 20,000 euros in a year or so. I just hope he has learned an important lesson with this loss and that he overcome his addiction with the help of his family members who already know about the situation.

As if he can recover that much mentally after losing that within a single night. It's easy to say some solutions to people like him because we're not in his position. But it's hard for him to absorb all of those suggestions because he's still in the mode of shock and disappointment. We're sure that he's going to recover in the future with those means like just going back to normal life and having himself focused in other ways like what you've said like investing. Although we don't have an idea how long he's going to do it and will able to conquer that bad feeling he's experiencing.

AicecreaME

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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.

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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)

for sure he already learn what gambling online is all about and how this will change His life in a matter of hours only so best to learn from this Guys.

20,000 Euro is Huge amount considering that i am from 3rd world country and losing this overnight would never be in my folio Grin

Quote from: ?? on ??

Maybe this person was under the influence of alcohol or drugs? Then it is very easy to lose any amount of money at the casino in one night!
I know that gambling addicts often have other addictions as well... I remember once drunkenly lost a lot of money in the slot machines at that time for me! Grin

or maybe a really curious about it?

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Quote from: Meistro on May 19, 2021, 11:17:41 PM

That is brutal. Oh well, he can always get a job or go on welfare.

Good luck getting 20,000 back from welfare. Even with a normal job saving 20,000 is a lot of work. It takes years to save such kind of money and being able to lose it in one night is devastating. We need to be more careful with our money and engage in risk management to protect us from going bankrupt. A gambling addiction makes everything worse because we lose control of our spending habits. But still if we are ever at risk to lose those kind of sums we should pull the plug and take a break.

Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 13. (Read 3824 times)