One of my friends has just lost $10,000 in football gambling and I have been trying to encourage him. I will like to find out how much you have lose in gambling and how did you manage the loses. I know many has makes some profits from gambling and some has lost significant amounts of money as this market is a very risky one.
$10,000 in losses is a lot of money, mate. With that much money lost, it'll be hard for your friend to get back into gambling. It's important to be aware of the risks inherent within gambling before deciding to place a hefty sum of money into them. Because, due to lack of proper knowledge, you could risk losing it all and become bankrupt almost instantly.
In my case, the highest lost I've ever made as a gambler was $500 worth of Bitcoin, when playing a dice game within Crypto-Games. I've thought that I was going to actually multiply my money following the Martingale Strategy on YouTube, but it resulted in a complete loss of my money. Perhaps, it was because I didn't follow the steps correctly, or I was out of luck. However, I've learned that gambling is a very risky business and it should only be played with spare money to stay safe. I could've lost more money in the process as I was extremely addicted to gambling, but with self-control I was able to manage myself playing these games.
Nonetheless, it's quite disappointing to see such high losses in gambling, as it makes many people think that such field is more negative than positive at all. But with self-control, this could be avoided, IMO.
