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Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 6. (Read 3792 times)

hero member
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For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.
But we don't have the same thinking as him, just as what happened. He became addicted to gambling and we can understand his situation that those who became addicted recently, they're more for the risk and they're more for the profit and they won't think that it's going to be ending with a bad result. What's bad is that if he hasn't recovered yet he still pursues his addiction and that's hard to stop.
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It wasn't appropriate for the man (Craig) who lost the money gambling in one night because the gambling firm are doing their best to prevent addiction and the last time I checked their promotion is not much to the extent of it not been fair.
But that is only 20k euro for a night mate and there are even many gamblers that spend this amount in single bet. so i think there are no much issue in this matter? it is just the involved is feeling badly on that amount lost.
One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.
For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.
check big gambling site that has been advertised in this forum mate and you can find single bet amounting 20,000 dollars normally so that is not greediness but a seeking for a win in his own way.
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One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.
For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.
hero member
Activity: 2548
Merit: 533
£20000 that's a huge sum of money how would he gamble to this point hope he doesn't commit sucide. This sum is enough to start up an investment that would possibly yield good returns in future. I wish gambling sites had a limit for gamblers so that once a gambler exceeds his or her limit it automatically logs halt all gambling activities for such persons till May be the next day.
Unfortunately this is never going to work, a person that is willing to gamble away so much money will just create a new account in another casino and then keep gambling and if he is blocked on that casino as well then he will repeat this process until he losses everything that he has, people blame the casinos but people like that would have get addicted to almost anything and would have lost their money anyway, this person needs to work on his self-control otherwise this is going to happen to him again.
With this kind of severe addiction then most likely they would only stop when they had lost everything from their money until to their property or ending up on having nothing to spend on
his gambling addiction.Whats next? then this is where self realization about their mistakes that they had done and this had always been the case because people never intend nor be aware
or just simply ignoring while they are on the middle of such addiction which they can potentially save up their asses if they do able to stop out and get rid of gambling
but what happens in most case on where they do proceed on and gamble like theres no tomorrow.
legendary
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£20000 that's a huge sum of money how would he gamble to this point hope he doesn't commit sucide. This sum is enough to start up an investment that would possibly yield good returns in future. I wish gambling sites had a limit for gamblers so that once a gambler exceeds his or her limit it automatically logs halt all gambling activities for such persons till May be the next day.
Unfortunately this is never going to work, a person that is willing to gamble away so much money will just create a new account in another casino and then keep gambling and if he is blocked on that casino as well then he will repeat this process until he losses everything that he has, people blame the casinos but people like that would have get addicted to almost anything and would have lost their money anyway, this person needs to work on his self-control otherwise this is going to happen to him again.
hero member
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Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

This is absolutely true there are many or some gamblers that rely their lives by making money on gambling which is very risky. There is no such guarantee that you can be able to earn money from gambling every single day, you will be a winner sometime and a loser at the same time. As a gambler I am practicing to myself to have a very strict limitation in my time and money spend in my gambling activities also I am doing it for fun and not that seriously with heavy reason why I am doing gambling.
Majority of people saying that you cant make a living with gambling but there are actually some people whom do able to do so and those are professional ones and this is some of people target on where

they could really do walk on the same path which I do really believe that only a few could able to sustain themselves with this risk thing like gambling where winning isn't really an assurance.

Potential loss is sky is the limit on where it could really turn you to poor from being millionaire on shortest time as possible.So you should be aware on that particular risk.
legendary
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For people like me, who gamble once in a while for purely entertainment purposes, we have strict limits on money that could be spent for this purpose. The last time I visited a casino was in 2019. And regarding sportsbooks, I make a bet once in a week or so, but with moderate amounts (like BTC0.001 or BTC0.002). For compulsive gamblers, that is not the case. They think about gambling 24x7, which makes it impossible to adhere to strict limits. For such people, unless they can distract their mind by engaging in some other activity, there is no hope for redemption.
The problem is that not everyone has the same control as you plus this compulsive gamblers doesn't really have that much control over their urges, I understand that they try but the urge is just strong and you can't just say to them to stop when they want to because again, it's not in their control.

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.
Many people test their luck by playing gambling games but most of them lose their money in just one chance. But that will not stop them from testing their luck in the next days because they will think that their luck will come to them the next days. The gambling games really attract and seduce them to come back to gambling and use more money to gamble.

You are right, years ago, when I was barely 18 years old, I went to a casino, and had some money saved, but I did not know how to bet, suddenly I bet everything I had and lost it, I felt so frustrated that I had to return home and looking for more money, all that I had and I returned to the casino to continue gambling, I lost it again.

At that moment I understood that everything I was doing was wrong, the worst thing was looking for more money to lose it, what I learned is that you should not seek revenge, then later what I did was return to the casino with another vision, and I was not looking for big profits, only small profits and that was what I was satisfied with, I think that's what it's all about, making profits even if they are few, in the end it is better to win than to lose.
hero member
Activity: 2786
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Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.
This is absolutely true there are many or some gamblers that rely their lives by making money on gambling which is very risky. There is no such guarantee that you can be able to earn money from gambling every single day, you will be a winner sometime and a loser at the same time. As a gambler I am practicing to myself to have a very strict limitation in my time and money spend in my gambling activities also I am doing it for fun and not that seriously with heavy reason why I am doing gambling.
Most people who rely on gambling do it either on sportsbooks or do it on poker. I do not know many people who rely on slots for their livelihood, that is not going to be easy to handle and I am sure most people would end up broke in few months, there is house edge there which would make sure that you end up losing all of it. Sportsbooks makes a tiny bit more sense, there is still a huge house edge there as well but at least if you are interested in the sports you would know who will win and who will lose, even sometimes get lucky.

The other day I said Hamilton will not leave Silverstone to Max and yeah there was a crash which made it easier for Hamilton to win that race, but I still won, while every book showed Max as the favourite, sometimes luck and knowledge gets together in a sportsbook and helps you earn money as well, I am quite sure poker has no house edge neither so that still works perfectly well.
hero member
Activity: 2856
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For people like me, who gamble once in a while for purely entertainment purposes, we have strict limits on money that could be spent for this purpose. The last time I visited a casino was in 2019. And regarding sportsbooks, I make a bet once in a week or so, but with moderate amounts (like BTC0.001 or BTC0.002). For compulsive gamblers, that is not the case. They think about gambling 24x7, which makes it impossible to adhere to strict limits. For such people, unless they can distract their mind by engaging in some other activity, there is no hope for redemption.
The problem is that not everyone has the same control as you plus this compulsive gamblers doesn't really have that much control over their urges, I understand that they try but the urge is just strong and you can't just say to them to stop when they want to because again, it's not in their control.

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.
Many people test their luck by playing gambling games but most of them lose their money in just one chance. But that will not stop them from testing their luck in the next days because they will think that their luck will come to them the next days. The gambling games really attract and seduce them to come back to gambling and use more money to gamble.
hero member
Activity: 2170
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Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

This is absolutely true there are many or some gamblers that rely their lives by making money on gambling which is very risky. There is no such guarantee that you can be able to earn money from gambling every single day, you will be a winner sometime and a loser at the same time. As a gambler I am practicing to myself to have a very strict limitation in my time and money spend in my gambling activities also I am doing it for fun and not that seriously with heavy reason why I am doing gambling.
legendary
Activity: 2632
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I don't think you can still be a responsible gambler even though you lose too much money on gambling.

The way I see it, you can be a responsible gambler only if you don't lose more than you can afford to. Losing too much money means you are pretty addicted to gambling. There is no way I can view this as being responsible. It sounds more like an excuse.

Totally agree!  Cheesy
This sentence "I can loose too much money but i still be a responsible gambler " this is some kind of nonsense. First part and second part is contradictory to each other. If you're loosing 20k, you're not a "responsible gambler" for sure  Grin

It's all about proportion really, for a small group of rich people losing 20k would be a minor inconvenience which they could easily overcome and it would never be a news story. For this guy I have a feeling it is a life changing sum that may take several years to pay back. It might be even more expensive if he took out a loan or needs to use a loan in future where he will be paying an interest rate on top. I think there should be some sort of regulation in place that means you need to build up to such amounts, if you go from betting $10 per day, maybe you need to bet $100 the next day before it will let you bet $1000 the day after that. It would be a very simple but effective form of regulation and not overly restrictive to either the gambler or the gaming house. What needs to be stamped out is bankruptcy for this sort of reckless behavior, people shouldn't be allowed to default on loans or other credit in these situations where they have been extremely greedy.
legendary
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For people like me, who gamble once in a while for purely entertainment purposes, we have strict limits on money that could be spent for this purpose. The last time I visited a casino was in 2019. And regarding sportsbooks, I make a bet once in a week or so, but with moderate amounts (like BTC0.001 or BTC0.002). For compulsive gamblers, that is not the case. They think about gambling 24x7, which makes it impossible to adhere to strict limits. For such people, unless they can distract their mind by engaging in some other activity, there is no hope for redemption.
The problem is that not everyone has the same control as you plus this compulsive gamblers doesn't really have that much control over their urges, I understand that they try but the urge is just strong and you can't just say to them to stop when they want to because again, it's not in their control.

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.
hero member
Activity: 2814
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I don't think you can still be a responsible gambler even though you lose too much money on gambling.

The way I see it, you can be a responsible gambler only if you don't lose more than you can afford to. Losing too much money means you are pretty addicted to gambling. There is no way I can view this as being responsible. It sounds more like an excuse.

Totally agree!  Cheesy
This sentence "I can loose too much money but i still be a responsible gambler " this is some kind of nonsense. First part and second part is contradictory to each other. If you're loosing 20k, you're not a "responsible gambler" for sure  Grin

The word you lose too much would already make you irresponsible since you did not anymore follow the principle.

The principle is very simple, gamble what you can afford to lose, so losing too much is not something you can afford anymore.
Sometimes we make simple things complicated just to justify our mistakes in gambling, but we didn't know, the more we justify it, the more the problem will grow and we will just regret it when the time comes.
legendary
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I don't think you can still be a responsible gambler even though you lose too much money on gambling.

The way I see it, you can be a responsible gambler only if you don't lose more than you can afford to. Losing too much money means you are pretty addicted to gambling. There is no way I can view this as being responsible. It sounds more like an excuse.

Totally agree!  Cheesy
This sentence "I can loose too much money but i still be a responsible gambler " this is some kind of nonsense. First part and second part is contradictory to each other. If you're loosing 20k, you're not a "responsible gambler" for sure  Grin
hero member
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It wasn't appropriate for the man (Craig) who lost the money gambling in one night because the gambling firm are doing their best to prevent addiction and the last time I checked their promotion is not much to the extent of it not been fair.
If the online casino could called him to check up on him after he lost £20,000 in one night it mean they really care about their customers well being, it Craig that ought to have sought for help when he's going on the verge of addiction, not after the issue is worse.
I believe it the thought of making money through gambling that causes his addiction.

hero member
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It is easy to tell people to "just stop" but the reality is that addiction is addiction and some people can't do it. And by the way not all addictions are applicable to all people, like for example I can eat 20 chocolate bars for 1 month straight every single day and then can never eat chocolate again in my life and I wouldn't really feel too much about it (well occasionally it is nice, but that's it) however I smoke cigarettes one pack a day and if I stay without them for few hours it really makes me angry, on the other hand my wife can't go without a chocolate for a day, but only smokes whenever she wants to on special occasions.

This is just one example, but not all the things that is addictive are addictive to everyone, so if you feel like gambling is something you can stop doing, know that it is not addictive for you but doesn't mean it is not addictive at all.

Actually it is really hard to take the advise of other people and turn it into an action when a person you're telling this advise is really a gambling addict. We have a different level of self control, some can manage to make a limitation on themselves in terms of time allotted in gambling engagement and how much amount they can afford to lose or to take risk but some also can't control themselves. And this is totally different, I mean addiction is addiction, we can't make people stop doing it unless they do it for themselves.
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One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.
It is normal if they think like that because they read and see some people who are playing gambling can win so much money to be like those people. They tend to play gambling because they hope that they can win that money in one day and enjoy the money for their life. But they do not think that they will not win that much money easily but they can lose all of their money before they can get big win money.
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£20000 that's a huge sum of money how would he gamble to this point hope he doesn't commit sucide. This sum is enough to start up an investment that would possibly yield good returns in future. I wish gambling sites had a limit for gamblers so that once a gambler exceeds his or her limit it automatically logs halt all gambling activities for such persons till May be the next day.
legendary
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One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.

This is partly true. But gambling addiction appears in all people, both poor and rich, so the motive for getting big winnings for solving problems is not the main one. Addiction to online games is of a similar nature, but we are not talking about the fact that online game players are trying to upgrade their character and thus solve their life problems.
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Greed has been a killer. I know of a close family friend who go so addicted to gambling that he ended up gambling with his landed properties and this happened when he was in his late 50s this made him look so frustrated and died out of cardiac arrest. I feel gambling should remain a game of fun and not a get rich scheme and that way one can minimize his stakings and make good profits as well over time
Would agree with you, I grew up in a bad neighborhood and I think that a lot of people that got killed by hired guns are all because of a big debt in gambling that happened because they were greedy and addicted to gambling. It should be a game of fun but we all know that it's not going to happen because of human's tendency to get obsessed.
Humans are selfish in all the time period, they want to be ahead of someone who is better but they wants to achieve it in the easiest way that is where the problem begins, we might heard that "No pain No gain", so we must be ready to face the consequences if we are risking something so when someone wants to risk their money then they should be ready to lose it.
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