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Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 7. (Read 3792 times)

member
Activity: 1120
Merit: 68
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.
sr. member
Activity: 966
Merit: 421
Bitcoindata.science
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.
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
legendary
Activity: 2590
Merit: 2348
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's true but there are also many people who gamble because they try to chase their losses, and unfortunately the more they take risky bets the more they lose their money and the more they take risky bets to try to win back their lost money that's a vicious circle.
legendary
Activity: 2086
Merit: 1058
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.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
They wont quit as long they do have money in their pocket and literally they would just stop out when they do all spent it out and lost it all
where for you wont able to make out anymore bets which is literally normal but in the sense talking about quitting on midway is really impossible because most gamblers would really be chasing off losses when you are trying to break even or even when you are already on profits then you would be asking for more which is a common behavior.Gamblers wont stop as long they do have some balance to spend on and potential losses that you could attain in gambling is limitless which means if you dont have a good hold of yourself then numbers could
really be indefinite so this is why control is really important.
I guess if they lose it all, they will try to borrow from the others that they know or even they will borrow from the casino. It is hard if they always doing that because they do not have a chance to recover and pay back the borrow the money. Become a gambler should know the consequences and the risk but unfortunately, not many gamblers know about that instead they enjoy spending their money in gambling games. If they can have control during playing gambling, they will not lose everything that they have but they will have a chance to stop gambling. At least, they can save their money although that is not much. Yes, having control is really important for the gambler because that is the only thing that will save them from losing all money.
sr. member
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
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.
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
Most of us are losing money in gambling but we don't really count it as we don't treat gambling as a business, it's entertainment for most of us, so what we lose is our expenses to enjoy gambling. We will only feel it if our approach to gambling is already serious, and we will be in trouble because we will be putting in a huge amount of money just to gamble.

@mindrust  is correction, we should only gamble based on our limit, if we go beyond, it's not fun anymore.

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.
hero member
Activity: 2548
Merit: 533
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.

If you are losing money regularly, then you should not be gambling in the first place. But you need to analyze your condition after a while. The house advantage is usually 1% or 2% depending on the casino. So if you are playing a game with 50% chance of win, you should at least win 4 out of 10 games. If it is like 1 out of 10, it is time to take a break and admit that it is not your lucky day. If this can't be done easily, then another way to follow it is not to carry too much cash to the casino. Take only limited amount of cash and don't take your credit card along. Once the money is finished, you won't be able to gamble again.

Most of us are losing money in gambling but we don't really count it as we don't treat gambling as a business, it's entertainment for most of us, so what we lose is our expenses to enjoy gambling. We will only feel it if our approach to gambling is already serious, and we will be in trouble because we will be putting in a huge amount of money just to gamble.

@mindrust  is correction, we should only gamble based on our limit, if we go beyond, it's not fun anymore.
An addictive gambler who doesn’t want to totally quit gambling can choose the option of controlled gambling.
It’s only when gambling gets out of control that it starts to cause problems on people’s lives.
Unfortunately, an addictive gambler will not know how to quit gambling as in their mind will think about how to win the gambling games. If they know how to quit, we will not see many addicted gamblers quit as soon as possible, especially if they already lose much money. We can get out of control when we lose or win because that is human nature to become greed or want to get more while they already get something.
They wont quit as long they do have money in their pocket and literally they would just stop out when they do all spent it out and lost it all
where for you wont able to make out anymore bets which is literally normal but in the sense talking about quitting on midway is really impossible because most gamblers would really be chasing off losses when you are trying to break even or even when you are already on profits then you would be asking for more which is a common behavior.Gamblers wont stop as long they do have some balance to spend on and potential losses that you could attain in gambling is limitless which means if you dont have a good hold of yourself then numbers could
really be indefinite so this is why control is really important.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
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.

If you are losing money regularly, then you should not be gambling in the first place. But you need to analyze your condition after a while. The house advantage is usually 1% or 2% depending on the casino. So if you are playing a game with 50% chance of win, you should at least win 4 out of 10 games. If it is like 1 out of 10, it is time to take a break and admit that it is not your lucky day. If this can't be done easily, then another way to follow it is not to carry too much cash to the casino. Take only limited amount of cash and don't take your credit card along. Once the money is finished, you won't be able to gamble again.

Most of us are losing money in gambling but we don't really count it as we don't treat gambling as a business, it's entertainment for most of us, so what we lose is our expenses to enjoy gambling. We will only feel it if our approach to gambling is already serious, and we will be in trouble because we will be putting in a huge amount of money just to gamble.

@mindrust  is correction, we should only gamble based on our limit, if we go beyond, it's not fun anymore.
An addictive gambler who doesn’t want to totally quit gambling can choose the option of controlled gambling.
It’s only when gambling gets out of control that it starts to cause problems on people’s lives.
Unfortunately, an addictive gambler will not know how to quit gambling as in their mind will think about how to win the gambling games. If they know how to quit, we will not see many addicted gamblers quit as soon as possible, especially if they already lose much money. We can get out of control when we lose or win because that is human nature to become greed or want to get more while they already get something.
member
Activity: 112
Merit: 11
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.
member
Activity: 112
Merit: 11
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.

If you are losing money regularly, then you should not be gambling in the first place. But you need to analyze your condition after a while. The house advantage is usually 1% or 2% depending on the casino. So if you are playing a game with 50% chance of win, you should at least win 4 out of 10 games. If it is like 1 out of 10, it is time to take a break and admit that it is not your lucky day. If this can't be done easily, then another way to follow it is not to carry too much cash to the casino. Take only limited amount of cash and don't take your credit card along. Once the money is finished, you won't be able to gamble again.

Most of us are losing money in gambling but we don't really count it as we don't treat gambling as a business, it's entertainment for most of us, so what we lose is our expenses to enjoy gambling. We will only feel it if our approach to gambling is already serious, and we will be in trouble because we will be putting in a huge amount of money just to gamble.

@mindrust  is correction, we should only gamble based on our limit, if we go beyond, it's not fun anymore.
An addictive gambler who doesn’t want to totally quit gambling can choose the option of controlled gambling.
It’s only when gambling gets out of control that it starts to cause problems on people’s lives.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
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.

If you are losing money regularly, then you should not be gambling in the first place. But you need to analyze your condition after a while. The house advantage is usually 1% or 2% depending on the casino. So if you are playing a game with 50% chance of win, you should at least win 4 out of 10 games. If it is like 1 out of 10, it is time to take a break and admit that it is not your lucky day. If this can't be done easily, then another way to follow it is not to carry too much cash to the casino. Take only limited amount of cash and don't take your credit card along. Once the money is finished, you won't be able to gamble again.

Most of us are losing money in gambling but we don't really count it as we don't treat gambling as a business, it's entertainment for most of us, so what we lose is our expenses to enjoy gambling. We will only feel it if our approach to gambling is already serious, and we will be in trouble because we will be putting in a huge amount of money just to gamble.

@mindrust  is correction, we should only gamble based on our limit, if we go beyond, it's not fun anymore.
legendary
Activity: 3640
Merit: 1217
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.

If you are losing money regularly, then you should not be gambling in the first place. But you need to analyze your condition after a while. The house advantage is usually 1% or 2% depending on the casino. So if you are playing a game with 50% chance of win, you should at least win 4 out of 10 games. If it is like 1 out of 10, it is time to take a break and admit that it is not your lucky day. If this can't be done easily, then another way to follow it is not to carry too much cash to the casino. Take only limited amount of cash and don't take your credit card along. Once the money is finished, you won't be able to gamble again.
legendary
Activity: 3234
Merit: 2417
Therefore, be a responsible gambler. Because by being a responsible gambler, even though the gambler has lost a lot of money in gambling, it still won't ruin his life. We don't need to be a professional gambler to be a responsible gambler, because whoever you are who has become a player then you should be able to become a responsible player, and with good control it will keep you a healthy gambler and can keep things going well.

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.
legendary
Activity: 3444
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Gambling addiction should be considered a serious problem because addiction will make players continue to play without stopping and not a few of them regretted it all after all the money they had was gone. It's not about how much money we can spend, but how well we are responsible for the gambling we do so that regret never causes many other problem after losing.

I'm afraid of the thought of the possible outcomes of being gambling addicted. It is already proven and tested what are the consequences when a person got really involved in gamblinh and worst found his happiness in gambling. The consequences of being broke, the risk of his lives due to debt that he has committed, the possible to commit crimes like robbery just to ba able to pay his debt or even to be able to play again or gamble again. This is really a serious problem that everyone should take seriously, I mean there is nothing wrong with gambling just watch yourself don't fall on trap of being addicted.
Therefore, be a responsible gambler. Because by being a responsible gambler, even though the gambler has lost a lot of money in gambling, it still won't ruin his life. We don't need to be a professional gambler to be a responsible gambler, because whoever you are who has become a player then you should be able to become a responsible player, and with good control it will keep you a healthy gambler and can keep things going well.
hero member
Activity: 1792
Merit: 536
Leading Crypto Sports Betting & Casino Platform
I've seen a lot of people who are addicted to gambling. They aren't  just gambling addicts, they are addicted to adrenaline , many of them addicted to winning, addicted to risky situation. Many of them seeing gambling as a saviour. They dont realise one inetivable thing: At the end they will damaged themself as psychologically. Money can buy everything except time and health.
Truth about gambling addiction as you have rightly said. But for a man to have lost £20000 it's way beyond addiction has you have pointed out.  After now what's the possibility of the victim to avoid gambling (self exclusion) because addiction is very difficult to stop and how do we advice victims of gambling addiction to help reduce their losses and also help then build a better money management format.

The issue of addiction is the one that needs to be taken seriously here. Since addiction comes in many forms and can be anything from shopping or eating addiction to drug and gambling addiction. It is an illness that needs to handled by medical professionals and psychologists. Addiction can also form depression and anxiety in the long run which further complicates things and makes the person more dependent to the "drug" whether it is to gamble in a casino, or spend lots of money buying clothes you seldom use.
hero member
Activity: 2170
Merit: 530
Gambling addiction should be considered a serious problem because addiction will make players continue to play without stopping and not a few of them regretted it all after all the money they had was gone. It's not about how much money we can spend, but how well we are responsible for the gambling we do so that regret never causes many other problem after losing.

I'm afraid of the thought of the possible outcomes of being gambling addicted. It is already proven and tested what are the consequences when a person got really involved in gamblinh and worst found his happiness in gambling. The consequences of being broke, the risk of his lives due to debt that he has committed, the possible to commit crimes like robbery just to ba able to pay his debt or even to be able to play again or gamble again. This is really a serious problem that everyone should take seriously, I mean there is nothing wrong with gambling just watch yourself don't fall on trap of being addicted.
legendary
Activity: 3164
Merit: 1344
Leading Crypto Sports Betting & Casino Platform
The pursuit of lost money in casinos never leads to good things. After losing money, a person is in a state of emotional excitement, due to which he commits ill-considered and super-risky bets. If a person came to the casino to win back, then he clearly does not understand what he is doing.

When you lose a couple of games initially, the gamer realizes that luck is not on his side and in all probability he will quit. But the problem is when you win your initial games. Then the gamer will get excited and he starts to dream of becoming a billionaire. Then he participates in various games in a mechanical manner and starts to lose them. Due to the excitement from the initial wins, he refuses to admit that he is losing. And this is the most dangerous phase. Very soon, whatever gains made from the initial games are lost and the gamer will end in deep loss.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
playing gambling is fun when we don't chase money too much from it,

It's more fun if we won. Since we are taking gambling as fun, why not try to take it to another level by pursuing a win at any means.

Strategy-based games are a type of gambling where we can actually make a continuous winning streak with some occasional loss on the way which is common.

If we always make it right, the percentage of our winning rate will be more compared to our losing streak. That's where gambling will be more fun rather than for just every session, you will always think that your money is the amount you afford to lose. Combined all that amount you afford to lose and you will realize you are already at a big loss.
legendary
Activity: 3122
Merit: 1398
For support ➡️ help.bc.game
someone who continues to gamble with the thought that he will continue to win is pure addiction...

Pure addiction? Maybe not. Isn't it the reason why we gamble? Of course, to expect and thought that we will win.

As long as we are responsible outside the gambling world, I don't see anything wrong with becoming a gambling addict.

I'm a gambler for almost 2 decades, already experience heavy losses on the way, but still in myself. It's just a matter of how will you deal with your gambling addiction.
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