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

Renampun

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Quote from: rhomelmabini on May 10, 2021, 10:33:38 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)

he literally buried himself in massive debt...

gambling addiction is a serious thing, what happens if that person has a wife and children, then he makes his wife and children suffer because of his greed. here in my city, with £ 20,000 you can get a simple house in the middle of the city.

Kong Hey Pakboy

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Quote from: acener on May 11, 2021, 04:15:59 AM

This is why we need to control ourselves whenever we spend on something.
He should start to recover his self from it and learn to manage his money well.
This is too much he is too addicted to it and it would surely destroy his life if he couldn't control it or get away from that addiction.

With addiction, you can't do that since you have a poor control over your urges. Recovery is the only for this person because I don't believe that any other route isn't going to be good. Maybe his loved ones are going to intervene and convince him to do a therapy to cure this addiction.

rhomelmabini

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Quote from: Mauser on May 11, 2021, 03:29:38 AM

Being addicted to gambling is a serious problem. But how can you justify to bet 20,000? For me this is so much money, I would never gamble with so much money. I would understand if you have won so much money before and if you want to keep gambling with it. But why not just take a little profit, like at least 5k? As reasonable gamblers we need to make sure that we use risk management to put advantage. In my opinion we should only use a fixed percentage of our bankroll in one week or month, to control our potential loses.

Maybe he got that risky appetite and he try to risk whatever he wants on that day he lost that amount of money. To be honest, there are times where we can't control ourselves over things and especially if our emotions are on the way too.

There are ways to control but I think problem gamblers has nothing much to think when they goes on that screen or machine.

acener

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This is why we need to control ourselves whenever we spend on something.
He should start to recover his self from it and learn to manage his money well.
This is too much he is too addicted to it and it would surely destroy his life if he couldn't control it or get away from that addiction.

Mauser

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Quote from: rhomelmabini on May 10, 2021, 10:33:38 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)

Being addicted to gambling is a serious problem. But how can you justify to bet 20,000? For me this is so much money, I would never gamble with so much money. I would understand if you have won so much money before and if you want to keep gambling with it. But why not just take a little profit, like at least 5k? As reasonable gamblers we need to make sure that we use risk management to put advantage. In my opinion we should only use a fixed percentage of our bankroll in one week or month, to control our potential loses.

electronicash

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Quote from: Poker Player on May 11, 2021, 02:52:36 AM

I do not believe the news as it is told.

Newspapers live by causing emotions in people, both positive and negative, and the Mirror even more so.

The way the story is told, it seems as if the protagonist had an ideal life, without any previous problems, and suddenly, overnight, he developed a serious gambling addiction problem.
maybe drugs as noted in a comment:

Quote

“I was a train wreck,” he said. “I was shut off, I was drinking more, I felt so down, so hopeless and so ashamed - I didn’t want to tell anyone, not even my family.

Bold is mine.

the image on the page was that he was a very decent man actually. dresses nicely and shaved. but you can see his fingers with tattoos. take that jacket off and you will see that it's not just gambling that made him what he is today. there could be more skin-popping scars in there.

good for him though he realizes while he is still alive. hope he recovers well and finds a place in this world that is not related to casino.

Poker Player

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I do not believe the news as it is told.

Newspapers live by causing emotions in people, both positive and negative, and the Mirror even more so.

The way the story is told, it seems as if the protagonist had an ideal life, without any previous problems, and suddenly, overnight, he developed a serious gambling addiction problem.
maybe drugs as noted in a comment:

Quote

“I was a train wreck,” he said. “I was shut off, I was drinking more, I felt so down, so hopeless and so ashamed - I didn’t want to tell anyone, not even my family.

Bold is mine.

iamsheikhadil

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This addiction is so dangerous dude, people get in with hope that with a win that will change their life but end up losing everything in the end, always eventually! I think he should create a crowdfund so people can help him with his debts so that he is not tempted towards gambling again or think of ending life, because this isn't the end, one can always recover their happy life with hardwork and determination, and with a pledge to never gamble again! Hopefully he does good in his life and stand back!

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Having read the article, everyone must have experienced that they lost control, especially when faced with unusual situations.
Calling Casino the guilty of his actions is not appropriate, because everyone has to be responsible for his action. The good think is now he's able to free from his addiction.
What made me curious is, why did Casino call him when he experienced that loss? Is this something that Casino should do because it knows the impact of the big loss can make someone take commit suicide.

Lorence.xD

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Addiction is a serious thing and I don't like that people say that you just have to be strong willed if you want to stop addiction, look at this person, he could've stopped when he was around 5k loss but addiction doesn't permit stopping.

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Well glad he was able to talk it out with his family and friends. Knowing that someone cares about you at times just makes you realize that, well, you're pretty stupid and you gotta start moving properly. Wouldn't really say that the gambling firm was wrong or anything, that's the way they earn money, advertisements, and signup bonuses to lure users after all. Business is business and putting emotions into something like that would generally just end up in them losing money instead of earning.

As for him calling the firm, wasn't it the firm that called him? After losing that £20,000 in one night. It was also the firm that called the police to get him cause he was having suicidal thoughts. I do wonder if he bet all that money in one game, or in one session. Cause if it was one game, his argument of the firm calling him is reasonable, but if it was a session? Then nah. Plus, it's not like there isn't any rich dudes out there who bet that much, so it's kinda hard to differentiate it from people who are rich.

rhomelmabini

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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)

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