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Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 8. (Read 3792 times)

hero member
Activity: 2786
Merit: 646
Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

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.

someone who continues to gamble with the thought that he will continue to win is pure addiction...

playing gambling is fun when we don't chase money too much from it, most of those who win are those who play casually and don't really chase victory. the story that the OP raised is the phenomenon of a gambling addict who can't control himself and doesn't know when to stop.
Not at all because there are non addicted gamblers who do play but actually aiming for making profit or money but of course this kind of motive will definitely be molding you as one of been addicted which will cause some problem later on.

When it comes to potential loss then sky would be the limit because we know gambling that as long you do have funds to spent on then  that would be the potential money that you can potentially lost when you do play.

So this is why only use up the money which are intently for gambling and not came nor compromising the money you do have as life savings or for emergency.
sr. member
Activity: 2044
Merit: 329
Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

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.

someone who continues to gamble with the thought that he will continue to win is pure addiction...

playing gambling is fun when we don't chase money too much from it, most of those who win are those who play casually and don't really chase victory. the story that the OP raised is the phenomenon of a gambling addict who can't control himself and doesn't know when to stop.
full member
Activity: 2086
Merit: 193

You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.
That’s why don’t go to casinos with extra money or any cards, you’d better play with only the money you can afford by that day and don’t let those casinos take over your budget. The OP losses money because of greed as he continue to gamble out his financial capacity, casinos wont stop you by doing this they’d loved it and if you have a weak emotion in gambling, I suggest not to play that much.
hero member
Activity: 2702
Merit: 704
Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.
You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.
The issue is that once a person becomes addicted to gambling they cannot distinguish where that stop point really is, the story that made the OP to create this thread clearly illustrates this point.

The person behind the news lost all his money, this should have been a wake up call and it should have made him stop, after all he lost all his money, what else is there to lose right? But thinking about recovering that money he asked for loans to banks, friends and family members and lost that money too, so not only he lost his money he lost money that did not even belonged to him as he tried to recover the money that he had already lost, so even if it seems there is no other option but to stop for those that are addicted this does not hold true as they are willing to do anything to keep the addiction going.
hero member
Activity: 2940
Merit: 657
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You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.
That's basic for the new comers.

They'll have that feeling of being new and thinks that they all have the luck with them. And even if they go to zero with their pockets.

As long as they have belongings to sell, they won't stop but will eventually sell those things they've got and that's even harder to stop.
hero member
Activity: 2604
Merit: 816
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Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.
Whether it is online or offline gambling, it will have a risk and many people already prove that by losing their money in gambling. If you are still trying to chase your losing money without thinking to stop for a while, you will only lose more money. Once you realize how much money you already lose, you will regret it because that will be big money you already spent on gambling. Stopping gambling as soon as possible is more important than using more money to gamble.
Basically, gambling without stopping will also not be a problem, because the problem is that you are not good enough to control your emotions. Well, maybe it's true that it's better to stop when you get a losing streak but I think when you go back to gambling it still doesn't guarantee an easy win. So in this case I just believe, when you have had a losing streak and continue to gamble the main thing to avoid is, not to have a target of taking what you have lost because of course it will be a target that will spoil your own focus, gamble calmly because only a good mood will allow you to enjoy gambling.
If you can manage your money, that will not be a problem, but you will lose all of the money. Once you lose the money, you will say to recover that losing money and try hard to place more bet. So that will be better if you can stop for a while and rest to reduce your tension and not think about recovering your losing money. I prefer to enjoy the game and spend some money without thinking much about recover the lost money or win more money because that will be difficult for me.
hero member
Activity: 2996
Merit: 609
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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.
Addiction had been always the most common problem with gambling and this is also the reason on why this industry is way profitable for business owners due to that kind of behavior on where most players does have.

When you get hooked and already had that kind of addiction then thinking up clearly and well is impossible.The main priority of yours would be definitely on how to make profits with gambling.

Potential loss would really be sky is the limit and as long you do have still funds into your pocket then that wouldnt be a problem until you do find yourself in the problem of big debts and losses.
legendary
Activity: 2590
Merit: 1178
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.
legendary
Activity: 2212
Merit: 1947
Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

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.
sr. member
Activity: 1974
Merit: 453
If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.

Some of the casinos have a rule that you need to spend a minimum amount of money on the games (but that is only applicable if you win a huge amount in your very first game). Other than that, they can't legally hold you back against your will. While visiting a casino, you need to be aware of two things - about your rights, and the policies of the casino. A lot of new gamblers find themselves in a sticky position, when they win a huge jackpot in the first game. The problem here is that they can't take the money and make their exit. As per the conditions, they need to play until a particular turnover limit is reached.
full member
Activity: 2240
Merit: 175
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You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.
hero member
Activity: 2940
Merit: 657
★Bitvest.io★ Play Plinko or Invest!
Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.
You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.
legendary
Activity: 3444
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.
Whether it is online or offline gambling, it will have a risk and many people already prove that by losing their money in gambling. If you are still trying to chase your losing money without thinking to stop for a while, you will only lose more money. Once you realize how much money you already lose, you will regret it because that will be big money you already spent on gambling. Stopping gambling as soon as possible is more important than using more money to gamble.
Basically, gambling without stopping will also not be a problem, because the problem is that you are not good enough to control your emotions. Well, maybe it's true that it's better to stop when you get a losing streak but I think when you go back to gambling it still doesn't guarantee an easy win. So in this case I just believe, when you have had a losing streak and continue to gamble the main thing to avoid is, not to have a target of taking what you have lost because of course it will be a target that will spoil your own focus, gamble calmly because only a good mood will allow you to enjoy gambling.
hero member
Activity: 2604
Merit: 816
Play Bitcoin PVP Prediction Game
Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.
Whether it is online or offline gambling, it will have a risk and many people already prove that by losing their money in gambling. If you are still trying to chase your losing money without thinking to stop for a while, you will only lose more money. Once you realize how much money you already lose, you will regret it because that will be big money you already spent on gambling. Stopping gambling as soon as possible is more important than using more money to gamble.
full member
Activity: 1540
Merit: 102
Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.
full member
Activity: 966
Merit: 102
But obviously we know better, we are responsible for our own actions and this person is simply irresponsible, and the fact he is not admitting his mistake only means that there is a high chance this is going to happen to him once again.

Whether he admits his mistake or not, the money is gone. He is a complete idiot if he thinks that the casino will get frightened by his claim and refund his deposit. They are under no legal obligation to do so. BTW, his friends of relatives should get the individual admitted in a good mental health facility. Gambling addiction is a serious mental condition, and I guess his condition would degrade further if professional support is not given. If he refuses to get himself admitted, then it is another topic altogether.
While it is true the consequences of his actions cannot be made to disappear it is important that he accepts that he is the one fully responsible for what happened.

If he does not admits this and instead blames the casino or anyone else for what happened to him then there is a high chance this will happen again to him, and if he is in a difficult situation now then it is likely he is going to find himself in an even more difficult situation in the future to the point that he will be unable to get out of it for the rest of his life.

I hope this person handled it in a good way and didn't try to recoup their loss by betting even more in the future. He may have learned a hard and good lesson now, to keep things from going horribly wrong again. With gambling you know that you can win and lose. in both cases people often continue to play. By the way, does anyone have more information about this person who lost 20k?
hero member
Activity: 2702
Merit: 704
But obviously we know better, we are responsible for our own actions and this person is simply irresponsible, and the fact he is not admitting his mistake only means that there is a high chance this is going to happen to him once again.

Whether he admits his mistake or not, the money is gone. He is a complete idiot if he thinks that the casino will get frightened by his claim and refund his deposit. They are under no legal obligation to do so. BTW, his friends of relatives should get the individual admitted in a good mental health facility. Gambling addiction is a serious mental condition, and I guess his condition would degrade further if professional support is not given. If he refuses to get himself admitted, then it is another topic altogether.
While it is true the consequences of his actions cannot be made to disappear it is important that he accepts that he is the one fully responsible for what happened.

If he does not admits this and instead blames the casino or anyone else for what happened to him then there is a high chance this will happen again to him, and if he is in a difficult situation now then it is likely he is going to find himself in an even more difficult situation in the future to the point that he will be unable to get out of it for the rest of his life.
hero member
Activity: 2856
Merit: 574
To me it's not a big things in gamble. £20,000 is about less than 1 BTC right now. So I think the many big gamblers deposit more than this amount to do gamble.

For why the words if very familiar in gambling that, only do gamble what you actually afford to lose. To protect money from addiction in gamble , people should not deposit big amount. Because the more big amount the more big pressure create when come a big hand lose, And one time bet all in and lose all fund.


Define "Big gamblers" here. I don't think there are many people who go nuts and bet such amounts, it's pure stupidity and those gamblers you are referring to, aren't that dumb to do that. I hope you're not implying that 20 grand isn't a huge sum of money, just because it's less than one BTC.

That guy was a pure fool, he gambled just because he wasn't feeling mentally okay, I understand that, I've been there, but it's just foolish to let your weaknesses into online gambling.
They just forget to control themselves when they are playing gambling, so they still deposit more money and play for more rounds.
They attract to the deep of gambling because gambling tempts them to still playing gambling and always whisper in their ear that the next round can be their chance to win.
So that makes some gamblers deposit more money and continue playing gambling, but then they do not have any chance to win on that game instead of losing all of the money.
It is no surprise to read the other gambler are losing big money because we know the risk of playing gambling and we know that gambling can make us forget when to stop gambling.
hero member
Activity: 1526
Merit: 737
To me it's not a big things in gamble. £20,000 is about less than 1 BTC right now. So I think the many big gamblers deposit more than this amount to do gamble.

For why the words if very familiar in gambling that, only do gamble what you actually afford to lose. To protect money from addiction in gamble , people should not deposit big amount. Because the more big amount the more big pressure create when come a big hand lose, And one time bet all in and lose all fund.


Define "Big gamblers" here. I don't think there are many people who go nuts and bet such amounts, it's pure stupidity and those gamblers you are referring to, aren't that dumb to do that. I hope you're not implying that 20 grand isn't a huge sum of money, just because it's less than one BTC.

That guy was a pure fool, he gambled just because he wasn't feeling mentally okay, I understand that, I've been there, but it's just foolish to let your weaknesses into online gambling.
legendary
Activity: 2436
Merit: 1189
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To me it's not a big things in gamble. £20,000 is about less than 1 BTC right now. So I think the many big gamblers deposit more than this amount to do gamble.

For why the words if very familiar in gambling that, only do gamble what you actually afford to lose. To protect money from addiction in gamble , people should not deposit big amount. Because the more big amount the more big pressure create when come a big hand lose, And one time bet all in and lose all fund.

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