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Topic: This guy gambles and wins a total amount of £400,000 and quits while ahead. - page 6. (Read 957 times)

legendary
Activity: 3122
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Lastly there’re two important lessons we all can learn from him, 1) quit while you’re ahead and 2) don’t splurge your winning fortune quickly spend it slowly and wisely.

Honestly, these 2 lessons are just simple but difficult to do.

In my case, if I won a life-changing amount, surely I'm still on my mind to put it on useful things such as business, real estate, etc. and began securing my savings. But impossible for me not to allocated some of those winnings in gambling since as always, "why should I stop if I won". The mindset of lightning can struck 2 times is always in a gambler's mind.

It now depends on how responsible these big winners will continue their gambling activity. I'm amazed at the person in the subject that decided to stop. He just really tested his luck that time but not actually treating gambling as a regular activity to the point that he always gambled. Also, the reason why he able to easily quit gambling before.
hero member
Activity: 2772
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And I have to see that he was addicted to then. He probably thinks that he could possibly win for another round and thinks about more. But just to find if his luck comes back again otherwise, he gonna lose everything he won last time. I've experienced this thing before, luck never been with us all the time and therefore, we could not expect that we can still be winning for the next round.
legendary
Activity: 3052
Merit: 1273
It's not about his decisions alone now as he's now been into the eyes of some major gambling companies which will try to lure him to play there and will also offer him assured wins (which never exists  Cheesy).

His will power will be tested by many people who will just ask him to go to the same site and play more and who knows if some day, he gets bored again, goes back to that same website, gambles and instead of winning, loses almost 50% or even 100% of his fortune! I hope he sticks to his words and never gambles again as well as use his winnings very wisely during this time.
hero member
Activity: 2856
Merit: 769
We cant really judged if he would go back to gamble or not but he decision he had made is indeed commendable where he do secure out some house deposit and giving out gifts to his family which is a good thing.
Its better to spend out those money on physical things rather than spending it back to gambling again.

This is really some rare case of people who do gamble and totally quit for good.They do have that kind of mindset that they should secure everything and use it on other means.
The amount is really big and a life changing one if you do know how to spend it correctly.
hero member
Activity: 2170
Merit: 528
The article says he won almost 300 thousand playing slots. He hadto put a ton of money there in the first place. I mean thiose games don't pay out 1000:1 so he had to be playing with thousands from the beginning to score such big wins in just a day of playing.

Winning a lot of money in slots is even harder than in dice and having the balls to put thousands in a single spin is worth an applause.

This game looks a bit like an ad for those games they put in the pictures.
sr. member
Activity: 1918
Merit: 442
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Well, I will do the same as what Josh did. He was not a pure gambler, --he just gambled for the boredom he felt and now his won and I don't think he will come back to play gamble again. Perhaps yes, but if he is so clever maybe 10% of his winning will try again to gamble. During this lockdown, money is very important in order to survive and I think that was on Josh's mind. the reason that he quickly quit gambling after earning a massive amount that came from the prize. How lucky he is.
full member
Activity: 756
Merit: 231
Well! well!! well!!, that's a good move for the guy but I doubt if really he or she with quit gambling because of the huge win. We should be more concern about their need(These gamblers) for more even while quitting the gambling, also, the mindset of gambling for another high win. Should anyone win so huge like this and successfully quit gambling? No i haven't seen and it's likely not to be. This guy will surely come back for another big gains in gambling as soon as he started using the cash.
hero member
Activity: 2884
Merit: 794
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Josh Spurling decided to gamble out of sheer boredom since he was locked at home due to the current lockdown situation, and he gambled on two different occasions and on both he won big amounts totalling to £400,000.

It’s also pertinent to note that he’s decided not to gamble anymore as he believes to quit while he’s ahead, but something tells me he’s going to gamble again.

Now I know many will ask me why I feel this, so the answer is simple he’s already spending his fortune away quickly, and he’ll have more confidence in his luck so it’s only a matter of days before he gambles again.

Lastly there’re two important lessons we all can learn from him, 1) quit while you’re ahead and 2) don’t splurge your winning fortune quickly spend it slowly and wisely.

Quote

A SALESMAN won more than £400,000 in online casinos when he was bored during lockdown.

Josh Spurling struck lucky in two games just a few days apart.


Quote

The window and door salesman has already spent £50,000 on a house deposit, as well as presents for himself and his family including his daughters aged eight and three. A holiday is also on the cards.

But Josh is now giving up online gambling. He said: “I feel I’ve had my luck and I’ve done really well. If I carried on I’d jinx it.”


Source:

https://www.thesun.co.uk/news/11442154/salesman-wins-gambling-online-coronavirus-lockdown/



You are probably right on his assessment, quitting while being ahead sounds easy to do but it is not easy at all, the temptation of making some easy money could be too much for him to handle and when he runs out of money he is going to try to win some bets to keep his new lifestyle going, but this is nothing really new, lottery winners are known to go broke just years after winning and this is because they do not really know what it takes to earn so much money, so they spend it in useless stuff and then they go on debt to maintain their lifestyle until they cannot pay it anymore.
sr. member
Activity: 1638
Merit: 278
Can we really say that he is throwing his money away? What did he really do? Bought some gifts for himself and his family, maybe take a vacation which is definitely something we would all do, and put a down payment for a house which he would probably pay with his salary eventually. I am not even entirely sure if he can take that vacation just yet, we are in lockdown and planes rarely ever fly and you can't go to many places so they will probably stay at home.

These are expenses that makes sense and if he says he will not come back I really believe he may not come back, some people just swear off gambling and stay that way. Plus if you are even a slightly smart individual you can only lose the money you have, so this dude already spent some of that money, so he can't lose 400k+ back.
member
Activity: 1120
Merit: 68
Josh Spurling decided to gamble out of sheer boredom since he was locked at home due to the current lockdown situation, and he gambled on two different occasions and on both he won big amounts totalling to £400,000.

It’s also pertinent to note that he’s decided not to gamble anymore as he believes to quit while he’s ahead, but something tells me he’s going to gamble again.

Now I know many will ask me why I feel this, so the answer is simple he’s already spending his fortune away quickly, and he’ll have more confidence in his luck so it’s only a matter of days before he gambles again.

Lastly there’re two important lessons we all can learn from him, 1) quit while you’re ahead and 2) don’t splurge your winning fortune quickly spend it slowly and wisely.

Quote

A SALESMAN won more than £400,000 in online casinos when he was bored during lockdown.

Josh Spurling struck lucky in two games just a few days apart.


Quote

The window and door salesman has already spent £50,000 on a house deposit, as well as presents for himself and his family including his daughters aged eight and three. A holiday is also on the cards.

But Josh is now giving up online gambling. He said: “I feel I’ve had my luck and I’ve done really well. If I carried on I’d jinx it.”


Source:

https://www.thesun.co.uk/news/11442154/salesman-wins-gambling-online-coronavirus-lockdown/



In my own opinion, it is a good idea to quit after winning a huge amount of money because it is really rare for gamblers to stop betting, while winning a huge amount of money that they assume they could increase their winnings even more. It is really good that gamblers knows how to be contented on what he already have and not wishing for more.
hero member
Activity: 2352
Merit: 594
I doubt if he will totally stop gambling. Once you have the taste of winning, it would be difficult to leave. What more if you had won a lot of money or hit a jackpot. This might push him, even more, to try his luck again. Gambling can make people greedy.
sr. member
Activity: 1246
Merit: 315
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he will definitely come back to gambling...
Gambling is easy money, someone who has experienced the victory of gambling in large numbers will definitely come back when all the money from his winnings runs out, just wait for the time.  Cheesy
That's definitely what would gonna happen,

A person who had or recently had an experience of winning a lot of money won't be able to fight the urge to play again, I am sure he is thinking way too hard on how he will be able to win again or when he is planning to play again.
legendary
Activity: 3094
Merit: 1468
It’s also pertinent to note that he’s decided not to gamble anymore as he believes to quit while he’s ahead, but something tells me he’s going to gamble again.

Once you get the winning taste of gambling you will never be able to leave gambling easily. He will do once again.


Lastly there’re two important lessons we all can learn from him, 1) quit while you’re ahead and 2) don’t splurge your winning fortune quickly spend it slowly and wisely.

Question: But are they really able to quit while they are ahead? I hardly see any gambler who are able to do it but most of us never do actually. Second one is a good one which I would say should be of priority then the first.
hero member
Activity: 2828
Merit: 673
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If I convert £400,000 into my local currency and deposit in a bank for monthly interest, I would earn more money than my salary at this moment. I would be able to pay off my mortgage loan as well as my car loan faster than ever. So it completely makes sense to quit gambling with the same money that he has earned out of sheer boredom. That's not self-control, it's called good practical sense!
TBH, I don't trust putting money in the bank for the sake of my deposit to earn interest, because first, money is subject for inflation and the interest is very low. I'm just curious on how much your bank offers for big deposits? is it time or regular savings?

What I would do is I'll pay all my debt first then I would use the money to start for a business.
getting lucky in gambling does not happen all the time, it only happen once or few times, but I would not gamble looking for another opportunity.
legendary
Activity: 3234
Merit: 2112
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Obscene luck, I am insanely jealous Grin
I never get anywhere close to this kind of luck gambling. I’d love to know how much he wagered & how often he gambled previously. It does seem like one in a million luck to win so much if he was playing with such small stakes?
The article doesn’t mention his gambling history & how much he bets with.

I'm wondering about that too. In order to win £110,000 on a regular roulette game, you must stake more than 3 thousand quid at once, right? Or was it another kind of roulette game, which was a slot game in fact, like this one, for example:



and he won £110,000 by hitting the jackpot there?
sr. member
Activity: 2324
Merit: 362
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he will definitely come back to gambling...
Gambling is easy money, someone who has experienced the victory of gambling in large numbers will definitely come back when all the money from his winnings runs out, just wait for the time.  Cheesy
legendary
Activity: 3080
Merit: 1500
If I convert £400,000 into my local currency and deposit in a bank for monthly interest, I would earn more money than my salary at this moment. I would be able to pay off my mortgage loan as well as my car loan faster than ever. So it completely makes sense to quit gambling with the same money that he has earned out of sheer boredom. That's not self-control, it's called good practical sense!
hero member
Activity: 2828
Merit: 666
Gambling winning are normally not a hard earned money, so we can understand how people spend it. For me, it's okay to spend our winnings on the things that would make us happy, actually spending all of them is good than using it again to gamble more aiming to win more.
legendary
Activity: 3206
Merit: 1885
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This is just an advertisement strategy created by the gambling sites itself? Roll Eyes
Probably not, if it was more focused on advertisement the name of the casino should've been named from the start but nothing was mentioned except for the screenshot of the slot games.

With a win that big it'll surely encourage most gamblers to quit and since he's started spending his winnings I doubt he'll go back to the casino unless he gets bored again. I used to have the same plan back then when I won several times from sports but went back to betting after a few days because that was some time during the playoffs.
legendary
Activity: 3080
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This is just an advertisement strategy created by the gambling sites itself? Roll Eyes

Online gambling owners wants to trap the casino gamblers into online gamblers and also wants the people to gamble who never wanted too by saying the huge won amount and adding I am going to quit will make it as more realistic but this is just a pure trick since gambling owners know 99% of people will never get such amount of winnings so they will keep on gambling. Tongue

Sorry, I am conspiracy minded guy. Grin

This wouldn’t surprise me to be honest. Average Joe will think, ‘oh look a normal guy won a shit load of money, maybe I should sign up & play, it could be me’.

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