Pages:
Author

Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 16. (Read 3792 times)

hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
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)

This is the lowest that you can get if you become addicted and lose control of your life, you can lose everything in one sitting, you are just deceiving yourself if you think you can all get back in just one roll, obviously, he was chasing all he lost, glad he got his feet back again with a help of friends and organizations, but this is a very hard phase of any gambler's life to go through, but he can inspire others about his story and can help stop people from becoming addicted to gambling.
When he chases, he loses in gambling, which can make him get another loss as in the gambling games, there is no guarantee for the gambler to recover the losses. Maybe if he considers not chasing the losses, he can still have some money and maybe he can back to the gambling game in the next few days. We can learn from his story so we do not have to get an experience like him and we can still be careful and avoid the addiction.
legendary
Activity: 3192
Merit: 1198
Play Bitcoin PVP Prediction Game
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)

This is the lowest that you can get if you become addicted and lose control of your life, you can lose everything in one sitting, you are just deceiving yourself if you think you can all get back in just one roll, obviously, he was chasing all he lost, glad he got his feet back again with a help of friends and organizations, but this is a very hard phase of any gambler's life to go through, but he can inspire others about his story and can help stop people from becoming addicted to gambling.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
I guess he almost forgot the risks of gambling that he used a huge sum of money to gamble in just a single night.
He probably forgot about it and just pushed what he felt by that time not until he has experienced it personally and lost a lot of money within a single night.
Even if you have that kind of money it doesn't mean that you need to gamble everything, he lost self-control and no financial budget in gambling that's why he lose that much of money in just one night. I can't imagine how he gamble that money and living like a millionaire in just a night is not a good mindset in gambling. This one will lead to addiction, and if he borrows money just continue playing, that's the dead end point to that guy, he must realize this one.
That's him and feelings will change if you've got the money and you're very much excited to gamble. And that's really happening for those people that became a gambler newly.
I think he is aware of the risks faced in gambling, the possibility that he enjoys the game too much so that he cannot control his emotions when gambling then appears greed to be able to win a lot of money by multiplying the amount of his stake, trying repeatedly to return the capital but in an instant the money he has have run out instantly
He wasn't able to control his feeling because of being new.
hero member
Activity: 2786
Merit: 646
I guess he almost forgot the risks of gambling that he used a huge sum of money to gamble in just a single night.
He probably forgot about it and just pushed what he felt by that time not until he has experienced it personally and lost a lot of money within a single night.
Even if you have that kind of money it doesn't mean that you need to gamble everything, he lost self-control and no financial budget in gambling that's why he lose that much of money in just one night. I can't imagine how he gamble that money and living like a millionaire in just a night is not a good mindset in gambling. This one will lead to addiction, and if he borrows money just continue playing, that's the dead end point to that guy, he must realize this one.
He let his emotion do control him and specially with his own greed where he knows that he does  still have money in his pocket where he can spent it out as he wants
and this is where  the bullshit things come from.

You would only realize when its too late but before that you wouldn't really mind as long you would able to spend it out.You would be facing up the worst
if you do let things to happen which shouldn't really supposed to happen.

If you do love yourself and you do love your family then quit gambling.Period.
sr. member
Activity: 2310
Merit: 355
I guess he almost forgot the risks of gambling that he used a huge sum of money to gamble in just a single night.
He probably forgot about it and just pushed what he felt by that time not until he has experienced it personally and lost a lot of money within a single night.
Even if you have that kind of money it doesn't mean that you need to gamble everything, he lost self-control and no financial budget in gambling that's why he lose that much of money in just one night. I can't imagine how he gamble that money and living like a millionaire in just a night is not a good mindset in gambling. This one will lead to addiction, and if he borrows money just continue playing, that's the dead end point to that guy, he must realize this one.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
It will bring regret if suddenly he changed his mind and regret what he did because he personally have now an experience how it feels to lose a lot within a single blow.
^ This is the reason why you should never gamble to escape the reality that hurts you and your spirit. It would only break you mentally, emotionally, physically, and spiritually. I know why this guy has been addicted to gambling, he did not value himself and he did not believe in it. And the time that you lost your respect for yourself? That is the time that you will stop caring about rights and wrongs. And then you will soon end up with the most painful failure you won’t think you would survive. I am not here to blame him but I hope this guy would set an example that we all have to be responsible for. We can always gamble but make sure that you’re only gambling or fun and using funds you afford to lose.
We've got a lot of examples but we will still some who would share the same situation in the future. It's not going to end in here but at least with those people that have read what was shared, they now have an idea how to avoid such bad experiences that had happened to others.
If you're the type of gambler that learns from other's experiences then you're a responsible one.
hero member
Activity: 2590
Merit: 644
I guess he almost forgot the risks of gambling that he used a huge sum of money to gamble in just a single night.
He probably forgot about it and just pushed what he felt by that time not until he has experienced it personally and lost a lot of money within a single night.
Gambling addiction could really lead us to losses that will only bring regrets in the future.
It will bring regret if suddenly he changed his mind and regret what he did because he personally have now an experience how it feels to lose a lot within a single blow.
^ This is the reason why you should never gamble to escape the reality that hurts you and your spirit. It would only break you mentally, emotionally, physically, and spiritually. I know why this guy has been addicted to gambling, he did not value himself and he did not believe in it. And the time that you lost your respect for yourself? That is the time that you will stop caring about rights and wrongs. And then you will soon end up with the most painful failure you won’t think you would survive. I am not here to blame him but I hope this guy would set an example that we all have to be responsible for. We can always gamble but make sure that you’re only gambling or fun and using funds you afford to lose.
hero member
Activity: 2954
Merit: 725
Top Crypto Casino
I guess he almost forgot the risks of gambling that he used a huge sum of money to gamble in just a single night.
He probably forgot about it and just pushed what he felt by that time not until he has experienced it personally and lost a lot of money within a single night.
Gambling addiction could really lead us to losses that will only bring regrets in the future.
It will bring regret if suddenly he changed his mind and regret what he did because he personally have now an experience how it feels to lose a lot within a single blow.
sr. member
Activity: 1974
Merit: 453
Gambling firm doesn't give a ****,, they operate to earn profit and they will continue to do so as long as they are not violating the law.
It's our responsibility to gamble responsibly, so it's wrong or stupid to blame casinos or gambling sites for our mistakes.

Every single business cares about profits and no one sets up a business just for charity. They need to pay salary to their employees, and a significant chunk of the revenues goes as tax to the authorities. At the most, they can put up warning signs, offering help to those who are vulnerable to addiction. Apart from that I don't think that they can do anything about these incidents. If someone is careless about money, eventually he will end up bankrupt. And for that a casino is not necessary.
hero member
Activity: 2912
Merit: 674
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)

Gambling firm doesn't give a ****,, they operate to earn profit and they will continue to do so as long as they are not violating the law.

It's our responsibility to gamble responsibly, so it's wrong or stupid to blame casinos or gambling sites for our mistakes.
hero member
Activity: 2856
Merit: 574
€20000 or around $24000, why you guys feel shocked like that? In fact there are lot of people who have lose more than that amount multiple times bigger than that. I remembered a guy who lose 300 BTC in bustabit, you can calculate how big his lose on USD or euro terms. That gambler simply don't have money management and greedy while he already ahead, nothing to be surprised on here though
I have heard about a lot of gambling addiction man were lost a big mount of money within one night, for they were lost, €20000 is really not a big number.
There was a gambler in the village next to mine, he has a nickname "won't die", due to he has a lot of experience of firtst lose a lot and win back. But the last time he was not lucky anymore, lost about tens of dollars , and then he had killed himself.
For people who have a lot of money, €20000 is bigger and I think they will not accept the losses and try to recover them in the next few days.
Maybe they lose because of the temptation of gambling games to spend more money without realising it.
If someone can win back his losses, I am sure he has the luck to get that losing money.
But not many of them can recover the losing money because they will lose more money if they try to recover.
If you control your money or have limitations, you will not lose that much money because you will see that playing gambling will no need to lose that much money.
hero member
Activity: 2002
Merit: 578
That was because of addiction, that's how dangerous addiction is, it will make you lose everything you have if you will not stop. People with this kind of problem do not think that losing is possible, they will always think of bouncing back until they don't have anything to gamble.

Gambling is not bad if we treat it as entertainment, or we can go further but we need to make sure we are already responsible enough to manage the risk. This guy has learned his lesson the hard way,  £20,000 might take a while for him to recover but not in gambling anymore.
They are making it as a habit but if the habit gets cozy like they want it to have everytime that makes it more dangerous, of course the urge to win because of the losses. The thing is we are aware that gambling if can't be handled properly will lead to bad habits yet many are still risking to take and go with it.

That's an expensive lesson he got there but just happy for the guy that he already cope with that addiction already and healing. We've seen some cases like this and we've been warned and even gambling sites does that, it's just that some individuals can't handle.
hero member
Activity: 2800
Merit: 603
That was because of addiction, that's how dangerous addiction is, it will make you lose everything you have if you will not stop. People with this kind of problem do not think that losing is possible, they will always think of bouncing back until they don't have anything to gamble.

Gambling is not bad if we treat it as entertainment, or we can go further but we need to make sure we are already responsible enough to manage the risk. This guy has learned his lesson the hard way,  £20,000 might take a while for him to recover but not in gambling anymore.
Ucy
sr. member
Activity: 2576
Merit: 401
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)




Casinos or Betting businesses need to encourage their customers to be responsible bettors and avoid gambling in bets (or avoid taking big betting risk)... It's as simple as that.
You can't be encouraging people to gamble in bets and expect them to be responsible bettors.



Don't bet with what you can't afford risk/lose.
Bet but don't gamble. Bet responsibly.
It's has to be Safe Bets.

Only use Good Casinos or Betting businesses that encourage safe betting.
full member
Activity: 243
Merit: 100
€20000 or around $24000, why you guys feel shocked like that? In fact there are lot of people who have lose more than that amount multiple times bigger than that. I remembered a guy who lose 300 BTC in bustabit, you can calculate how big his lose on USD or euro terms. That gambler simply don't have money management and greedy while he already ahead, nothing to be surprised on here though
I have heard about a lot of gambling addiction man were lost a big mount of money within one night, for they were lost, €20000 is really not a big number.
There was a gambler in the village next to mine, he has a nickname "won't die", due to he has a lot of experience of firtst lose a lot and win back. But the last time he was not lucky anymore, lost about tens of dollars , and then he had killed himself.
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
€20000 or around $24000, why you guys feel shocked like that? In fact there are lot of people who have lose more than that amount multiple times bigger than that. I remembered a guy who lose 300 BTC in bustabit, you can calculate how big his lose on USD or euro terms. That gambler simply don't have money management and greedy while he already ahead, nothing to be surprised on here though

Needs to be said in a relative sense. For someone with a net worth of above $1 million, this amount may be huge, but not life-threatening. But the same can't be said about someone who has a savings of only around $25,000. A few years back, I read about an Arab sheikh, who lost around $10 million in a casino in Monaco. These guys could afford that, because they have enough cash with them. The problem occurs when someone with a hand to mouth existence try to repeat the same.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
I think the gambling firm is not wrong because that firm only gives way for people to play the game with money involved. He does not know how to control the money used for gambling, and coincidentally, he loses too big money in gambling. Maybe he knows the risk, but he still plays gambling, and he loses for some money but continues to recover his losses. We can blame other people if we are losing the money but if we can be wise and think for a while, maybe that mistake comes from ourselves.
legendary
Activity: 1890
Merit: 1148
€20000 or around $24000, why you guys feel shocked like that? In fact there are lot of people who have lose more than that amount multiple times bigger than that. I remembered a guy who lose 300 BTC in bustabit, you can calculate how big his lose on USD or euro terms. That gambler simply don't have money management and greedy while he already ahead, nothing to be surprised on here though
sr. member
Activity: 2506
Merit: 368
Too much risk taking that he forgot that there are consequences if he lost. I guess the guy's trying to make some money but forget that gambling is not a way to earn some money or he doesn't think that risk management is very important? I can't think any reason why he suddenly becoming addicted to gambling. It must be his first time having a real good time but didn't bother the aftereffect of staying too much in a game. Poor soul, just end his life without thinking another way to solve his mistake.

That's why people should learn first how to manage risk even if you think you are rich it won't matter when you landed on a casino.
full member
Activity: 994
Merit: 140
I guess he almost forgot the risks of gambling that he used a huge sum of money to gamble in just a single night. Gambling addiction could really lead us to losses that will only bring regrets in the future. One person needs self-discipline and self-control to get rid of this mental illness. Sometimes, if we're enjoying something, we tend to forget its negative effects which we have to be mindful of.

If he remembers the risks involved when he loses all the money then he is not yet an gamble addict....an addict will not realize and accept that he has lost, his greedy passionately darkens his eyes and thinks that in the next round i will win, and so on.

If you, a friend or your relative has a gambling addiction problem like this then seek treatment immediately to a psychiatrist, so that this addiction does not ruin your future.
Pages:
Jump to: