Man lost £20,000 in one night after becoming addicted to online gambling! - page 2.

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Quote from: boyptc on August 17, 2021, 06:48:00 PM

Quote from: irsada on August 17, 2021, 06:34:27 PM

Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

It is our emotion that are putting us in both, good or bad situation.

But if it's uncontrollable and you're facing the consequence of not controlling it, you're going to have that bad results because you cannot control it and it gives you the sensation that you have to keep going.

Sometimes continuing to gamble after a losing streak can be a good return, but the danger is that when we can't get those wins we will of course end up in bankruptcy. I think things like realizing stop time is still a tough thing, because in the game we are the only people who can control ourselves from the game we play, and therefore also giving up time to stop and come back tomorrow is something which is difficult if we are not disciplined.

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Quote from: gagux123 on August 17, 2021, 09:32:42 PM

Could someone tell me how is the treatment for a person addicted to gambling?

It depends on the level of addiction. You need to consult a doctor (in my case psychiatrist) to evaluate your problem and make an assessment. They also prescribe a medication if necessary.

Though sometimes a family's presence and advices are enough to refrain yourself in playing gambling games. Why are you doubting yourself?

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Guys... I was thinking to myself and I had this doubt.

Could someone tell me how is the treatment for a person addicted to gambling?
Is it something similar to an alcohol or drug addict? Or something like that?

Could someone explain to me!!?

Thanks!

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Quote from: irsada on August 17, 2021, 06:34:27 PM

Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

It is our emotion that are putting us in both, good or bad situation.

But if it's uncontrollable and you're facing the consequence of not controlling it, you're going to have that bad results because you cannot control it and it gives you the sensation that you have to keep going.

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Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

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Quote from: Lucasgabd on August 17, 2021, 03:30:28 PM

this happens!
its much easier to build something than to destroy it
sometimes you can destroy years of building with 1 simple action.

we always have to be alert

if someone has the tendency to go too deep on something and have a hard time with emotional control they're probably better avoiding gambling.

Maybe the meaning is more easily destroying something than building or maintaining it.
And this is true, not only in gambling but almost in every all aspect of life, moreover about reputation, business, and others.
Well, this may be also because of the excessive desire to get something, too confident, and also bet without considering the adverse effect.
Sometimes someone becomes not too aware when it has been blinded by excessive desires.

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Quote from: Lucasgabd on August 17, 2021, 03:30:28 PM

Quote from: Poker Player on August 16, 2021, 11:46:38 PM

Quote from: seleme on August 16, 2021, 04:43:52 PM

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

And what about the people who go into debt chasing their loses. It is no longer just savings or family money. Nowadays it is very easy to get loans, you can even get an instant loan with your cell phone. In that case, you could be paying for years for one night's mistake of gambling too much.

this happens!
its much easier to build something than to destroy it
sometimes you can destroy years of building with 1 simple action.

we always have to be alert

if someone has the tendency to go too deep on something and have a hard time with emotional control they're probably better avoiding gambling.

You can actually able to observed yourself when you are already doing something which is already out of your budget specially in finances when you do play gambling.
We do have our own common sense and awareness on whats happening to us but those addicted gamblers are surely aware on whats happening but they do just ignore out and proceed without any caution
or thinking off about possible addiction and when problem rose up then thats the time they do have some regrets that they shouldnt have gambled in the first place if they knew that they would
be experiencing those unfortunate events.

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Quote from: Poker Player on August 16, 2021, 11:46:38 PM

Quote from: seleme on August 16, 2021, 04:43:52 PM

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

And what about the people who go into debt chasing their loses. It is no longer just savings or family money. Nowadays it is very easy to get loans, you can even get an instant loan with your cell phone. In that case, you could be paying for years for one night's mistake of gambling too much.

this happens!
its much easier to build something than to destroy it
sometimes you can destroy years of building with 1 simple action.

we always have to be alert

if someone has the tendency to go too deep on something and have a hard time with emotional control they're probably better avoiding gambling.

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Quote from: SaShiRaJaVu on May 11, 2021, 08:22:40 AM

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

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)

These are not huge amounts, just look at the chat space in some of the major gambling sites and you will see people gambling with much higher valuation, he needs to be aware of the situation and his bank balance before gambling and if he think he has an issue he needs to get help from his family and friends and there are many who destroyed their life savings because of the addiction.

If we talk about gambling problems there will be no end as long as there is a gambling industry there will definitely be new issues to discuss which will never end and the advice given will be no different.
what must be done is self-awareness because he himself felt it before and after becoming an addict and what must be done must be aware before torturing himself for losing a lot of money and even causing bankruptcy.
self-awareness is the most effective way compared to the help of family, friends, lover or anyone because they only help in a simple or motivating way, he who knows and feels it then he plays a big role in healing and also does not blame the company or others.

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Quote from: fortunecrypto on August 16, 2021, 09:49:09 AM

Quote from: ?? on ??

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This high risk gambling can actually go any length to satisfy their quest and they easily feel attacked if you try preaching excessively about gambling addiction. But how long will we continue to lose our people to the cold hands of gambling addiction? I wonder most times if there was a permanent solution to this so our gambling will just remain as a fun quest and not a die-hard get rich quick adventure that has silenced the existence of so many.

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Quote from: seleme on August 16, 2021, 04:43:52 PM

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

And what about the people who go into debt chasing their loses. It is no longer just savings or family money. Nowadays it is very easy to get loans, you can even get an instant loan with your cell phone. In that case, you could be paying for years for one night's mistake of gambling too much.

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Quote from: seleme on August 16, 2021, 04:43:52 PM

Quote from: Viscore on August 16, 2021, 04:21:02 PM

Quote from: crzy on August 16, 2021, 02:36:14 PM

Quote from: fortunecrypto on August 16, 2021, 09:49:09 AM

Quote from: ?? on ??

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This is too much addiction and should address the right way because if all of this negative things are into that gambler, he might be on a suicide attempt. Losing such money is already a big problem especially if you just borrow that funds, addictions is not good at all this is one of the enemy of every gambler and fortunately most of the gamblers knows what to do for them not to get addict, we have to do everything not to fall on this gambling trap.

It is, in the first place, borrowing money just to gamble is never a good idea, unless you operate a gambling site where most likely you'll be profitable in the long run. This is gambling where we don't have the advantage, so we should be realistic and stick with the principle of not risking money more than we can afford to lose.

If one can afford to lose £20,000 in one night, then it should not be a problem for him, but for the majority of the gamblers, £20,000 is just too much to lose, some will have to pay it for the rest of their lives due to one-night mistake.

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

Talking about potential losses then this would vary on your financial capacity and it would be sky is the limit.As long you do have the funds then potential losses could really be high or way more than you can afford to lose.

It is depending on how you do handle your finances because some are having severe addiction which would cause an impulsive kind of act towards gambling which in resulting to
big losses.

Don't try to chase it because it would be the biggest mistake that you would ever do.

gagux123

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Look... I confess that I would never have imagined that a person could become addicted to gambling!!!
Unfortunately, that's too much is dangerous!

But I believe that for everything we have a solution.
The best way is to talk to someone in your family (or a trusted person) to be able to give you support and help to get out of this addiction!

seleme

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Quote from: Viscore on August 16, 2021, 04:21:02 PM

Quote from: crzy on August 16, 2021, 02:36:14 PM

Quote from: fortunecrypto on August 16, 2021, 09:49:09 AM

Quote from: ?? on ??

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This is too much addiction and should address the right way because if all of this negative things are into that gambler, he might be on a suicide attempt. Losing such money is already a big problem especially if you just borrow that funds, addictions is not good at all this is one of the enemy of every gambler and fortunately most of the gamblers knows what to do for them not to get addict, we have to do everything not to fall on this gambling trap.

It is, in the first place, borrowing money just to gamble is never a good idea, unless you operate a gambling site where most likely you'll be profitable in the long run. This is gambling where we don't have the advantage, so we should be realistic and stick with the principle of not risking money more than we can afford to lose.

If one can afford to lose £20,000 in one night, then it should not be a problem for him, but for the majority of the gamblers, £20,000 is just too much to lose, some will have to pay it for the rest of their lives due to one-night mistake.

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

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Quote from: bryant.coleman on August 15, 2021, 07:31:09 AM

Quote from: Silberman on August 13, 2021, 05:04:25 PM

In the article it is stated that he lost a total of £40k pounds of which £10k came from borrowing from friends, family and banks, the rest came from a property that he had sold, so fortunately for him he's not so heavily indebted and even if he has an average job he should be able to bounce back as long as he doesn't make another mistake, however losing so much money in one single night even for a reasonably wealthy person is is still incredibly painful.

This may sound harsh, but sometimes heavy financial losses are necessary to wean off gambling addicts from this habit. Hopefully he has learnt the lesson, and will never again involve himself with such behavior. And as you mentioned, it is not a life-threatening amount. The article also states that he has managed to kick the habit, after getting himself treated Cardiff-based at the Footsteps to Recovery institution. So eventually, this loss did something good to him. If he hasn't lost this amount, would he agree to the treatment?

To me it doesn't sound harsh at all, that is just life, I have always preferred to learn from the mistakes of others as it is easier and let's be honest it is cheaper as well, however sometimes we need to make our own mistakes and unfortunately those mistakes can be very costly, not only in terms of money but in terms of the time, energy and even the relationships that we lose, however those are the lessons that we learn by heart because the next time that something like that happens to us we are going to remember all of what we lost and we're going to do everything in our power to stay away from that situation.

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Quote from: crzy on August 16, 2021, 02:36:14 PM

Quote from: fortunecrypto on August 16, 2021, 09:49:09 AM

Quote from: ?? on ??

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This is too much addiction and should address the right way because if all of this negative things are into that gambler, he might be on a suicide attempt. Losing such money is already a big problem especially if you just borrow that funds, addictions is not good at all this is one of the enemy of every gambler and fortunately most of the gamblers knows what to do for them not to get addict, we have to do everything not to fall on this gambling trap.

It is, in the first place, borrowing money just to gamble is never a good idea, unless you operate a gambling site where most likely you'll be profitable in the long run. This is gambling where we don't have the advantage, so we should be realistic and stick with the principle of not risking money more than we can afford to lose.

If one can afford to lose £20,000 in one night, then it should not be a problem for him, but for the majority of the gamblers, £20,000 is just too much to lose, some will have to pay it for the rest of their lives due to one-night mistake.

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Quote from: fortunecrypto on August 16, 2021, 09:49:09 AM

Quote from: ?? on ??

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This is too much addiction and should address the right way because if all of this negative things are into that gambler, he might be on a suicide attempt. Losing such money is already a big problem especially if you just borrow that funds, addictions is not good at all this is one of the enemy of every gambler and fortunately most of the gamblers knows what to do for them not to get addict, we have to do everything not to fall on this gambling trap.

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Quote from: fortunecrypto on August 16, 2021, 09:49:09 AM

Quote from: ?? on ??

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This is true! Minding off such thing is not part of their vocabulary but instead they would just mind that as long they do have money into their pockets to spend they would surely continue to play gambling..

When we do talk about potential losses on gambling field then it would be sky is the limit and this is where people should really watch out because if you dont mind about the risk then possible losses

will really be that a major problem into your life not only affecting finances but also affecting your relationship into your loved ones.So better be careful and watchful.

fortunecrypto

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Quote from: ?? on ??

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

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Quote from: Desmong on August 16, 2021, 07:51:36 AM

~
It's never a pity to me cause he might lost more than such amount of money and also gained more that is greater than what he had lost. We have investors gamblers who can gamble with more $50k and even more without shaking or having phobia of losing their funds because they'll have what it takes. I have someone that gambled with $1m and make more than $3m just within few hours.

In gambling anything is possible and there are instance where people gamble with what they have hoping to win big and that needs to stop and if people are that stupid they need treatment.

Loosing £20,000 in a minute is not a huge deal when you are gambling online and the instance here is that someone lost money due to his addiction and so is the reason this topic even started and everyone is discussing about how to deal with situation like these and it is time that we lock this thread Grin

.

Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 2. (Read 3830 times)