Man lost £20,000 in one night after becoming addicted to online gambling! - page 9.

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Quote from: Alisha-k on June 13, 2021, 04:03:03 AM

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.

There are gamblers that are even losing more than that amount. But with such amounts, that only indicates how can one is willing to gamble with and lose it eventually and then will go back to their normal thinking that they should haven't lose that amount.
That's when the reality knocks that they've lost a lot and if they've won huge amounts, they're not going to realize how lucky they are for winning that amount. Because instead of securing those profits, they're putting it again on the line and then that's when they eventually lose it.

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Quote from: Quidat on June 12, 2021, 01:58:46 PM

Quote from: hahay on June 12, 2021, 08:15:04 AM

Quote from: maydna on June 12, 2021, 06:02:06 AM

Quote from: nakamura12 on June 12, 2021, 04:59:43 AM

if he didn't intend to get back the money he lose through gambling then he wouldn't have debts to pay later on. The meaning in that statement is what makes gamblers lose less if ever a person already bet some money. I even call myself a gambler even if some people think that I only bet small amount. The highest amount of money I lose in one bet didn't even reach $5 if you converted it to dollar.

It is not easy to repay the debts, and it is better we don't try that, especially if we use the money to gamble. The risk of losing that money will be bigger, and if we lose, how can we repay that money? We need to prevent big losing money in gambling, so we don't have to become like that man who loses too much money. We must learn from that man for our good to have that money for other things.

Well borrowing money to gamble isn't really the way to go anyway, but if it's just a small amount of money that we can at least pay off with a full time job, I guess that shouldn't be a problem either. But when it becomes a habit then of course it will be dangerous too, losing money in a short time will be very easy and it does not only apply in gambling. So, make a deeper consideration if you want to spend a lot of money on gambling, always having a spending limit on gambling can be the best way to keep your financial management under control.

A very suicide thing to be done by someone who would consider on taking a loan just because he do want to play gambling? You are just making things complicated and possible big problem is really on high chance to happen which might really end up for you to go suicide when those who give you loan
would really hunt you down in the time where you do need to repay.You shouldnt consider out this kind of option because you would eventually
be putting yourself into big trouble. Play on the money that you can afford to lose and that would be just an extra or spare that you do had.

I agree with this.

I mean, if you have to borrow money just to play gambling and work your ass out to pay for the money you borrow, why not just turn it to savings instead? we wanted to earn some money and that's not always possible in gambling, so we should go to the options in where earning money or having money is possible.

Also, borrowing money doesn't mean gambling sites or casinos would take a pity on you because you're a hard-working gambler so they should give you a huge winning, there's no such thing, casinos doesn't even care who you're except for your money.

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Quote from: abel1337 on June 13, 2021, 11:43:16 AM

We should be responsible for everything we do with our lives. Our money isn't infinite, Even millionaires got addicted to gambling and lose big chunks of their money, and after losing they will just only figure out that they need to stop or slow down from playing gambling. I believe that every mistake we did is the result of our bad decisions and being addicted to gambling is our decision. Being caught on gambling addiction doesn't mean we can't change, We make or do small steps to slow down our addiction till we get rid of it. Consulting someone and limiting ourselves is one of the best things you can do if you are a gambling addict.

What you say is right. We must have responsibility for our lives and if we decide to play gambling, we must have control for ourselves so we do not use too big money to gamble. Gambling can make us forget to stop, so controlling ourselves will be necessary before we make a big mistake and never forgive ourselves. We know that if we are playing gambling can make us addicted and once we addicted, that will be difficult to cure the addiction. We already read many stories about a gambler who lose their money in just one night so we really need to take care of our money.

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Quote from: YuginKadoya on June 13, 2021, 05:07:57 AM

Quote from: Alisha-k on June 13, 2021, 04:03:03 AM

Quote from: meser# on June 11, 2021, 11:10:21 PM

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.

I really think people with addiction needs to be tended with proper care and change their mindset they will be the one that may change themselves if not it will surely never stop because an addicted to gambling think that they are not really addicted to it, a compulsive addiction could really turn worst and the only thing that runs to their mind is just giving a shot on playing gambling, and it is hard for them to think that they are losing much because all in their mind they will still recover from that lost and gambling will provide it, I think they need to seek advice from a psychologist in what could be done to his condition.

Everything must start with their consciousness. First of all they need to realise what did they do to them and their relatives. Otherwise how much you push them to take medical help it wont end with success.

One my friend almost killed himself due to gambling debt. Thanks to Allah we realised before he tried it. We helped him to get rid of his mental and debt problems. The key was instill the idea that all debts would be settled and that he would be at fine.

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Quote from: dimonstration on June 13, 2021, 05:57:18 AM

Quote from: yazher on June 13, 2021, 05:36:04 AM

Addictions are scary, it always resulting in something regretful except for the other habits which are helpful like reading books and others. many people fell into this kind of problem where they always waste what consider to others as a huge opportunity. if people know the value of everything they know how to spend it well. whether it is their wealth, time, and health. But there's always be another chance to let go of those kinds of addictions if one has no one to talk to, they can consult someone who knows their current situations.

Thats why we need to determine what we do and spend our money with, some think their too rich or too lucky enough that they will not regret playing gambling. At the end of the day we are the one who makes decisions and being addicted is not a reason . We are the one who should move and decide on what are we going to do. The accessibility of gambling now doesnt mean that we need to put all our money in it.

We should be responsible for everything we do with our lives. Our money isn't infinite, Even millionaires got addicted to gambling and lose big chunks of their money, and after losing they will just only figure out that they need to stop or slow down from playing gambling. I believe that every mistake we did is the result of our bad decisions and being addicted to gambling is our decision. Being caught on gambling addiction doesn't mean we can't change, We make or do small steps to slow down our addiction till we get rid of it. Consulting someone and limiting ourselves is one of the best things you can do if you are a gambling addict.

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Quote from: dimonstration on June 13, 2021, 05:57:18 AM

Quote from: yazher on June 13, 2021, 05:36:04 AM

Addictions are scary, it always resulting in something regretful except for the other habits which are helpful like reading books and others. many people fell into this kind of problem where they always waste what consider to others as a huge opportunity. if people know the value of everything they know how to spend it well. whether it is their wealth, time, and health. But there's always be another chance to let go of those kinds of addictions if one has no one to talk to, they can consult someone who knows their current situations.

Thats why we need to determine what we do and spend our money with, some think their too rich or too lucky enough that they will not regret playing gambling. At the end of the day we are the one who makes decisions and being addicted is not a reason . We are the one who should move and decide on what are we going to do. The accessibility of gambling now doesnt mean that we need to put all our money in it.

It's all your responsibilities in every actions that you'll going to take, I agree to what your are implying.

Addictions is on the gamblers sides, you can avoid things to happened if you have a good plans before you engage to anything, gambling for sake of entertainment is good to relax out, but too much engagements and having a lots of time to spend plus the money, it will led you to addiction.

Regrets are the next thing that you'll see after losing huge amount of money, best to control or if possible never to proceed if you know to yourself that
you can't handle the pressure.

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Quote from: Lordhermes on June 07, 2021, 06:35:33 AM

I don't blame the victim rather, it happens regularly and his not the first person, of the victim age is less than 18, that's means he is not strong enough to fight against been addicted, it's very necessary to be careful when playing casino games because its very addictive, I just hope his family will console him while support him from not commiting suicide.

The "victim" is a guy who willingly gambled, I am not saying that it Is an addictive thing but not like this is some drugs situation and that Is why I feel like it Is not the same. I get that it is addiction, gambling addiction is a real thing and requires medical help to get rid of it by some people, that Is understandable however the reality is that we are talking about gambling and not some biological stuff, drugs have physical problems that makes it addictive, cigarettes and even chocolate has those things and when your body wants it then psychologically you are already fighting against your body.

However gambling is not like that, there is nothing going in your body and it Is just your mind, so are they "victims" because they gambled? I am not entirely sure, I wouldn't say they are victims, I feel like if it Is getting too much they should know better to ask for help.

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Quote from: yazher on June 13, 2021, 05:36:04 AM

Addictions are scary, it always resulting in something regretful except for the other habits which are helpful like reading books and others. many people fell into this kind of problem where they always waste what consider to others as a huge opportunity. if people know the value of everything they know how to spend it well. whether it is their wealth, time, and health. But there's always be another chance to let go of those kinds of addictions if one has no one to talk to, they can consult someone who knows their current situations.

Thats why we need to determine what we do and spend our money with, some think their too rich or too lucky enough that they will not regret playing gambling. At the end of the day we are the one who makes decisions and being addicted is not a reason . We are the one who should move and decide on what are we going to do. The accessibility of gambling now doesnt mean that we need to put all our money in it.

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Quote from: YuginKadoya on June 13, 2021, 05:07:57 AM

I really think people with addiction needs to be tended with proper care and change their mindset they will be the one that may change themselves if not it will surely never stop because an addicted to gambling think that they are not really addicted to it, a compulsive addiction could really turn worst and the only thing that runs to their mind is just giving a shot on playing gambling, and it is hard for them to think that they are losing much because all in their mind they will still recover from that lost and gambling will provide it, I think they need to seek advice from a psychologist in what could be done to his condition.

Addictions are scary, it always resulting in something regretful except for the other habits which are helpful like reading books and others. many people fell into this kind of problem where they always waste what consider to others as a huge opportunity. if people know the value of everything they know how to spend it well. whether it is their wealth, time, and health. But there's always be another chance to let go of those kinds of addictions if one has no one to talk to, they can consult someone who knows their current situations.

YuginKadoya

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Quote from: Alisha-k on June 13, 2021, 04:03:03 AM

Quote from: meser# on June 11, 2021, 11:10:21 PM

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.

I really think people with addiction needs to be tended with proper care and change their mindset they will be the one that may change themselves if not it will surely never stop because an addicted to gambling think that they are not really addicted to it, a compulsive addiction could really turn worst and the only thing that runs to their mind is just giving a shot on playing gambling, and it is hard for them to think that they are losing much because all in their mind they will still recover from that lost and gambling will provide it, I think they need to seek advice from a psychologist in what could be done to his condition.

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Quote from: meser# on June 11, 2021, 11:10:21 PM

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.

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Quote from: hahay on June 12, 2021, 08:15:04 AM

Quote from: maydna on June 12, 2021, 06:02:06 AM

Quote from: nakamura12 on June 12, 2021, 04:59:43 AM

if he didn't intend to get back the money he lose through gambling then he wouldn't have debts to pay later on. The meaning in that statement is what makes gamblers lose less if ever a person already bet some money. I even call myself a gambler even if some people think that I only bet small amount. The highest amount of money I lose in one bet didn't even reach $5 if you converted it to dollar.

It is not easy to repay the debts, and it is better we don't try that, especially if we use the money to gamble. The risk of losing that money will be bigger, and if we lose, how can we repay that money? We need to prevent big losing money in gambling, so we don't have to become like that man who loses too much money. We must learn from that man for our good to have that money for other things.

Well borrowing money to gamble isn't really the way to go anyway, but if it's just a small amount of money that we can at least pay off with a full time job, I guess that shouldn't be a problem either. But when it becomes a habit then of course it will be dangerous too, losing money in a short time will be very easy and it does not only apply in gambling. So, make a deeper consideration if you want to spend a lot of money on gambling, always having a spending limit on gambling can be the best way to keep your financial management under control.

Borrowing small money can become bigger if we lose in gambling as we don't know how good our luck is when we play gambling. I hope that will not become a habit because that can make us always borrow the money for playing gambling. Besides that, it is not recommended to playing gambling using borrowing money. It is better to use that money to buy our daily needs or create a business to make money.

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Quote from: Quidat on June 12, 2021, 01:58:46 PM

A very suicide thing to be done by someone who would consider on taking a loan just because he do want to play gambling? You are just making things complicated and possible big problem is really on high chance to happen which might really end up for you to go suicide when those who give you loan
would really hunt you down in the time where you do need to repay.You shouldnt consider out this kind of option because you would eventually
be putting yourself into big trouble. Play on the money that you can afford to lose and that would be just an extra or spare that you do had.

There are many that gamble like that and some of the countries have strict law against gambling is because they know that it can destroy life if you have someone who is an addict and they would literally gamble their entire life savings hoping that he would recover from the mess and financial issues and end up loosing everything.

I know a user here who gambled huge number of Bitcoin when he was drunk and when you are not in good physical condition never gamble especially if you are intoxicated .

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Quote from: hahay on June 12, 2021, 08:15:04 AM

Quote from: maydna on June 12, 2021, 06:02:06 AM

Quote from: nakamura12 on June 12, 2021, 04:59:43 AM

if he didn't intend to get back the money he lose through gambling then he wouldn't have debts to pay later on. The meaning in that statement is what makes gamblers lose less if ever a person already bet some money. I even call myself a gambler even if some people think that I only bet small amount. The highest amount of money I lose in one bet didn't even reach $5 if you converted it to dollar.

It is not easy to repay the debts, and it is better we don't try that, especially if we use the money to gamble. The risk of losing that money will be bigger, and if we lose, how can we repay that money? We need to prevent big losing money in gambling, so we don't have to become like that man who loses too much money. We must learn from that man for our good to have that money for other things.

Well borrowing money to gamble isn't really the way to go anyway, but if it's just a small amount of money that we can at least pay off with a full time job, I guess that shouldn't be a problem either. But when it becomes a habit then of course it will be dangerous too, losing money in a short time will be very easy and it does not only apply in gambling. So, make a deeper consideration if you want to spend a lot of money on gambling, always having a spending limit on gambling can be the best way to keep your financial management under control.

A very suicide thing to be done by someone who would consider on taking a loan just because he do want to play gambling? You are just making things complicated and possible big problem is really on high chance to happen which might really end up for you to go suicide when those who give you loan
would really hunt you down in the time where you do need to repay.You shouldnt consider out this kind of option because you would eventually
be putting yourself into big trouble. Play on the money that you can afford to lose and that would be just an extra or spare that you do had.

hahay

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Quote from: maydna on June 12, 2021, 06:02:06 AM

Quote from: nakamura12 on June 12, 2021, 04:59:43 AM

if he didn't intend to get back the money he lose through gambling then he wouldn't have debts to pay later on. The meaning in that statement is what makes gamblers lose less if ever a person already bet some money. I even call myself a gambler even if some people think that I only bet small amount. The highest amount of money I lose in one bet didn't even reach $5 if you converted it to dollar.

It is not easy to repay the debts, and it is better we don't try that, especially if we use the money to gamble. The risk of losing that money will be bigger, and if we lose, how can we repay that money? We need to prevent big losing money in gambling, so we don't have to become like that man who loses too much money. We must learn from that man for our good to have that money for other things.

Well borrowing money to gamble isn't really the way to go anyway, but if it's just a small amount of money that we can at least pay off with a full time job, I guess that shouldn't be a problem either. But when it becomes a habit then of course it will be dangerous too, losing money in a short time will be very easy and it does not only apply in gambling. So, make a deeper consideration if you want to spend a lot of money on gambling, always having a spending limit on gambling can be the best way to keep your financial management under control.

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

gambling addiction leads a person to misery
a delusional victory, making a gambling addict unknowingly spend all his money

sad to read the man's story, despair made him want to end his life
I hope he can return to normal life soon and start planning his life from scratch well and slowly

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Quote from: Reatim on June 12, 2021, 03:44:05 AM

Quote from: passwordnow on June 12, 2021, 12:58:12 AM

Quote from: meser# on June 11, 2021, 11:10:21 PM

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.

If you are gambler don't forget: You can only win by giving up gambling

Giving up and winning are not the same. If it's about winning and giving up then it's about winning against addiction and that's what you're reiterating and I do agree with you.
But if it's about winning sums of money in gambling, there's no way to stop a person that has seen the potential amount that he can win for the first try and then later on won huge money which makes him to be pursuant with it.

You missed the intention of that last Sentence.

Quote

If you are gambler don't forget: You can only win by giving up gambling

This message refers to how we manage to lose in gambling each time we play and that is much higher than how much we gonna win.
Even if you compute the totality of win and lose then you'll find that its about 10/90 win lose.

So what he meant is that Giving up gambling will end your losing chances and in the end you are a winner by choice .

thats the deeper part of what he intended to explain.

You have pretty much explained it correctly. The missing piece is psychologically mood. You know If you are losers at gambling its mean you're definitely loser and you know it. But if you are a winner you win money but also you are loser but you dont know it. If you are a winner, without realising you will start to losing your patience, feeling of satisfaction and maybe even anger management. Thats what gambling sector wants to do exactly.

If you are saying what is he bullshitting just remember how do you feel when u lost your money. And probably you wanted to get back your loses and you lose couple times more.Most of the gamblers don't realise that they are not betting just with their wallet also they are betting with their psychological mood. Best possibility for being winner is dont play

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Quote from: nakamura12 on June 12, 2021, 04:59:43 AM

if he didn't intend to get back the money he lose through gambling then he wouldn't have debts to pay later on. The meaning in that statement is what makes gamblers lose less if ever a person already bet some money. I even call myself a gambler even if some people think that I only bet small amount. The highest amount of money I lose in one bet didn't even reach $5 if you converted it to dollar.

It is not easy to repay the debts, and it is better we don't try that, especially if we use the money to gamble. The risk of losing that money will be bigger, and if we lose, how can we repay that money? We need to prevent big losing money in gambling, so we don't have to become like that man who loses too much money. We must learn from that man for our good to have that money for other things.

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For one person, the money in this story can be a significant amount, but believe me, this is a relatively small example. There are stories of people who have gambled millions online and then had to sell houses and other properties. Then this is still a low amount. However, if you have used all your bank balance, it does hurt for a while. It can also be a great learning opportunity to stop gambling right now. Admittedly; that's easier said than done.

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

Yes, they know the risk but once they are playing they forget the risk, and once they tasted winnings in the first round of playing they are soon tempted to play more until they lose and promise to get back what they lost the next day, and they keep doing this and promising every day until they lose everything, it's his lack of control, not the gambling site, a gambling site will not question your capability they will just warn you.

Topic: Man lost £20,000 in one night after becoming addicted to online gambling! - page 9. (Read 3830 times)