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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)

Well glad he was able to talk it out with his family and friends. Knowing that someone cares about you at times just makes you realize that, well, you're pretty stupid and you gotta start moving properly. Wouldn't really say that the gambling firm was wrong or anything, that's the way they earn money, advertisements, and signup bonuses to lure users after all. Business is business and putting emotions into something like that would generally just end up in them losing money instead of earning.

As for him calling the firm, wasn't it the firm that called him? After losing that £20,000 in one night. It was also the firm that called the police to get him cause he was having suicidal thoughts. I do wonder if he bet all that money in one game, or in one session. Cause if it was one game, his argument of the firm calling him is reasonable, but if it was a session? Then nah. Plus, it's not like there isn't any rich dudes out there who bet that much, so it's kinda hard to differentiate it from people who are rich.

Addiction is a serious thing and I don't like that people say that you just have to be strong willed if you want to stop addiction, look at this person, he could've stopped when he was around 5k loss but addiction doesn't permit stopping.

Having read the article, everyone must have experienced that they lost control, especially when faced with unusual situations.
Calling Casino the guilty of his actions is not appropriate, because everyone has to be responsible for his action. The good think is now he's able to free from his addiction.
What made me curious is, why did Casino call him when he experienced that loss? Is this something that Casino should do because it knows the impact of the big loss can make someone take commit suicide.

This addiction is so dangerous dude, people get in with hope that with a win that will change their life but end up losing everything in the end, always eventually! I think he should create a crowdfund so people can help him with his debts so that he is not tempted towards gambling again or think of ending life, because this isn't the end, one can always recover their happy life with hardwork and determination, and with a pledge to never gamble again! Hopefully he does good in his life and stand back!

I do not believe the news as it is told.

Newspapers live by causing emotions in people, both positive and negative, and the Mirror even more so.

The way the story is told, it seems as if the protagonist had an ideal life, without any previous problems, and suddenly, overnight, he developed a serious gambling addiction problem.
maybe drugs as noted in a comment:


Bold is mine.

the image on the page was that he was a very decent man actually. dresses nicely and shaved. but you can see his fingers with tattoos. take that jacket off and you will see that it's not just gambling that made him what he is today. there could be more skin-popping scars in there.

good for him though he realizes while he is still alive. hope he recovers well and finds a place in this world that is not related to casino.

Being addicted to gambling is a serious problem. But how can you justify to bet 20,000? For me this is so much money, I would never gamble with so much money. I would understand if you have won so much money before and if you want to keep gambling with it. But why not just take a little profit, like at least 5k? As reasonable gamblers we need to make sure that we use risk management to put advantage. In my opinion we should only use a fixed percentage of our bankroll in one week or month, to control our potential loses.

This is why we need to control ourselves whenever we spend on something.
He should start to recover his self from it and learn to manage his money well.
This is too much he is too addicted to it and it would surely destroy his life if he couldn't control it or get away from that addiction.

Maybe he got that risky appetite and he try to risk whatever he wants on that day he lost that amount of money. To be honest, there are times where we can't control ourselves over things and especially if our emotions are on the way too.

There are ways to control but I think problem gamblers has nothing much to think when they goes on that screen or machine.

With addiction, you can't do that since you have a poor control over your urges. Recovery is the only for this person because I don't believe that any other route isn't going to be good. Maybe his loved ones are going to intervene and convince him to do a therapy to cure this addiction.

he literally buried himself in massive debt...

gambling addiction is a serious thing, what happens if that person has a wife and children, then he makes his wife and children suffer because of his greed. here in my city, with £ 20,000 you can get a simple house in the middle of the city.

I agree with him that gambling advertisements can be crazy at times(especially the ones that are sent via email) but it is still wrong to put the blame on the gambling site but I also agree that gambling sites should be more attentive to their gamblers if they saw them losing a huge sum of money in a matter of day/s or week/s. Him, losing money on the gambling site was fine and I feel like he would be fine and can get over it but what ruined him and put him in that kind of situation is that he tried to get back the money he lost. I am just glad that his family and friends understood what he is going through(I know some people might find it hard to accept what he did) and is by his side to support him on his journey battling his addiction.

This is just another terrible horror story of gambling addiction,but should we put the blame on the gambling industry?
Should we put of the blame on the alcohol industry for all the alcoholics?
Should we put the blame on the weapon industry for all the murders and violence?
Perhaps more government regulation will reduce such cases of addiction and deviant behavior,but I don't believe that the government will be that effective.
Maybe the only right way is to educate all the kids at school about the horrible side effects of getting addicted.

 

It's a classic case of gambling addiction and nothing else. It happens when greed takes over the mind and drives it. I am glad that the fellow has finally started taking medical assistance from the competent people. However, I don't why the gambling companies are to be blamed here.

Quote from the article,


If your greed lures you into something that has a negative impact on your finances, why blame the gambling operators when they are operating legally? Rather why not blame your own greed?

Gambling and especially online gambling can be very dangerous. Everyone knows that but stories like this one illustrate this even more. I also think that some people are much more prone to addiction than others may it be smoking, alcohol or online gambling. So if you know of yourself that you are very easily get addicted to things you should never begin gambling at all. And for everyone else, you have to be very responsible and stick to both your budget and your gambling time.

^ This has been a problem since the day gambling was created. But we all know that not all people had to experience this situation because they were properly oriented. I think on this one, the firm does not have any problem with it. We can’t also blame the person that much but he has to accept, endure and resolve the consequences it has done to him with his actions. The only option or resolution I see here is that I think it is mandatory for the gambling businesses with licenses to give proper orientation and credit checking to the players and help them allocate enough funds that they afford to lose before they play with the money they use for betting. Nevertheless, in this way, gambling businesses might not profit that much but this would resolve help the gamblers not ending up with this. And this would be rewarding to them.

The fact that he thought of ending his life, he must be in big trouble.

I lost big money in the past as well, but I never thought of ending my life, I can say that this person is weak, he should have stayed away from gambling so he will not ruin his life, all of what he did is just because of his mistake, he failed to manage the risk in gambling and he goes with his emotion.

In this case, I think he badly needs help, he has a disease now that can only be healed if he is willing to.

Hopefully this will not happen to our fellow gamblers here.

I think most people that gamble on a weekly basis are in more ways than one addicted to gambling. We do not like to admit it and probably think we know our limits but how many times have the members here in this thread gone past their limit? I know I have.

Gambling addiction is more common than we think and if you tally up the amount of money that you could have saved over the years it would have probably been a better idea to invest that into a business and take your chances there rather than mostly playing against a system that is designed to beat you in the long run.

These are not huge amounts, just look at the chat space in some of the major gambling sites and you will see people gambling with much higher valuation, he needs to be aware of the situation and his bank balance before gambling and if he think he has an issue he needs to get help from his family and friends and there are many who destroyed their life savings because of the addiction.

There are many reasons why a certain person is addicted to gambling. There are those who have experienced winning a jackpot or a big amount once and cannot move on from it thinking that there would be more. There are also those who felt depressed or who is too lonely that gambling becomes a sort of a way to kill the time. There are also those who simply think that gambling will make their wishes to become rich come true. There are also those who are like the man in the story, someone who is just falling deep into all kinds of vices.

It happens, mainly because there are no people around him intervening or stopping him from his ways. That's why intervention on any form of addiction is the first step to let people know and realize that they are already in too deep in their 'hobby.'

It's a very expensive lesson, and I do hope that the person in questions really learned something from this experience. I can't imagine losing a thousand dollars in one go of gambling, let alone $20,000. It's very painful for the heart and the pocket that's for damn sure.

£ 20,000, that's a fantastic loss for novice gambling addicts in one night, indeed that is the risk if someone is addicted to online gambling, emotional, greedy can eliminate our homes in one night, if we lack professionalism and control when betting on gambling.

£ 20k ​​is indeed not a little if where I live can get a luxury house, I often see people betting on one of the gambling sites by placing a bet of $ 1000 to 5 times the pairs run out without any impression, My mind is that if the money is placed in gambling, the money that is obtained for free is not a problem, but if something results and is placed to bet and lose, it will definitely experience shocks for the addict.

Actually it is not a gambling site that is guilty of losing such a large number, we do not control ourselves in betting, want to get multiple payoff profits, without considering our bad luck at that time.

Addiction is really a problem, for sure a lot of people who already addicted to gambling are aware of what is happening to them, they also tried to stop but the addiction rejects to do so, this is really serious, imagine losing $28000 and half of it in one night, that is really frustrating, maybe he bet all in his last game and resulted of losing, that is really sad, still, I am partly happy because he can still talk with his family and friends. Bonding with our family and friends can be a good way to stop addiction.

I'm a bit skeptical about this news since the man seems more like a photo model than a gambling addict, and the advertisement tho.. (*cough* @Footsteps)

Anyway, if the story is true, the problem is always betting tremendous amount of money that he couldn't afford to lose. Remember the 10:90 principle, 10% of your net worth max for gambling, and this problem won't exist.

i think his story is true as he has also a fundraising page  here (https://www.justgiving.com/crowdfunding/craig-walding-1)
but i believe there are still a lot of gamblers that are still suffering from the same situation, and he is lucky that he made his decision to open up his struggle to his family and friends, which save his life. it shows that family will always be there for you even at the lowest point of your life. so for those who are still struggling, dont hesitate to ask help from your family. you'll never know what they can do to lighten up what you're going thru.

When you try to put your life savings or borrowed funds into gambling then you are already prone to high risk and if you plans do not work effectively and your fate is not on your side then you are in problem.Addiction to risky things like gambling often prove massive destruction for many and same has happened with this man but his family should console him in his tough time to recover from trauma.If you want to earn huge profits from gambling then be ready to loose also because it takes hundred of bets or a single bet could make you handsome amount of dollars.But always remember to make it entertainment source more rather than making it your permanent source of income.

I wonder at any point in that single night of betting and loosing £20,000 did he consider

This is a bit wild
I cant really afford this
I think I have a serious problem here
This is unsustainable
What if....
I better quit before its all over

He probably considered all of those but thought, the next one is the one!

Crazy losses but this happens the world over, every day.

It is very difficult to give advice to an addicted person. Their brains are deadlocked. He is always optimistic that what he repeats will make up for his losses. They are willing to sell anything for gambling if he is addicted. There must be psychological guidance and lessons for sufferers like this. Generally, people like this are people who don't want to work hard. They want to work casually but the results are abundant. But this is of course very difficult, especially gambling. There are so many incidents because of their gambling addiction, they are a lot of debt and in the end are miserable and can't return the debt. They also become ruffled.

He is just trying to shift the blame to the casino, the casino was offering a 5 pound bet which is not that much, he took the decision to bet all of that money, he could have stopped after his savings ran out and while that would have been bad at least you do not owe any money but then he decided to keep gambling, some may argue that it is impossible for someone addicted to stop but if you read the story that is exactly what happened, which means that at that point he was gambling to get his money back and lost, people need to own their bad decisions or actions especially those that are addicted or they are never going to fully recover.

There does seem to be a very fine line between personal responsibility and the vulture-like companies who are able to take advantage of people who are unstable at the time. He should definitely not have been visiting any gambling sites at such a desperate point in his life, because that tends to distort reality and makes things like chasing losses much more likely. At the same time, I don't think the gambling company was acting very responsibly either - if they really wanted to stop such actions by reckless people who have lost control they could easily put protections in place. It would be so simple to say - you cannot deposit or place bets more than double the highest amount you have wagered in any of the last 7 days (starting from say a $100 base amount). That would vastly reduce the chances of someone instantly throwing away life changing amounts of money and savings they probably worked years to make.

I’m not going to laugh at the guy, some people have very addictive personalities. It’s not just gambling, it can be drugs, prostitutes, alcohol. I hope he has found peace & managed to be strong to resist his urges.

That was a serious problem and you're right it needed to be cured when the loss was the only minimum but this kind of psychological disease only shows when they already out of sources like drug addiction. the symptoms will show when they don't play anymore and the result is dramatically unpleasant to watch. Like the other guy who posted his experience when he loses a big amount of money in gambling, he somehow got the courage to narrates his experience and warn others on things that about to come if they won't stop playing when things are not already lost control.

There are many legitimate stories about gamblers winning millions on fantasy sports platforms like draft kings or fanduel.

There are documented stories of gamblers winning more than $100,000 gambling on sports.

For some strange reason, the overwhelming majority of the media appears to contain a bias where they only cover the negative stories where people lose.

My US state illegalized fantasy sports like fanduel and draft kings which technically are games of skill rather than gambling. I think the political angle isn't justified.

I'm not a fan of people being denied opportunities and options in life like fantasy sports which could make them money.

If this story tends to be true, he should get some counsel how he's going to face the problems that his addiction brought him including the debt that he should face.
And upon learning to gamble and became recently a gambling addict I think on the other side, he had realized it as soon as possible that it won't do him good in the long run if he became addicted.

In drugs, you don’t spend that much in just a day that’s pure gambling. There are so many forms of addiction but with regards to gambling, money is your main source and if you lose that much without control and even borrow money just to gamble, you’re in a big trouble. Don’t wait for you to lose that much, you have to control yourself first before you gamble, and avoid the possible depression as much ad possible.

Yeah everyone knew about how high the risks of lossing money in gambling. Not only that, If someone losses a huge money (like this one), the chances for him ruining his life is at a high percentage.
There could be several reasons why this person ends up lossing this big amount in just 1 night.
1. Chasing losses.
2. Unable to control his temper.
3. The greediness to earn more money.

This isn't about entertainment anymore, gambling addiction is a mental disorder. A person couldn't become addicted immediately in 1 night, this person is regularly gambling online and this time he exceeded to his usual gambling routine that he ended up spending more time and money onto it.

Usually, those who are addicted to gambling think they will definitely win. There are many people like that. They forgot about the money they had gambled on, even though they had already lost a lot. He doubled the bet on the pretext of compensating for his previous lost. When it was wrong, he had sacrificed his own money and made him lose twice instead of doing it once. Imagine if he doubled 3-4x for the compensation they mentioned and all of them lost, the more money would be spent and lost in the same time. I heard this compensation also become option trade strategy from my friends, and when he using this strategym also lost more because he makes wrong prediction ;D

Dont know but i do feel that this is emphasizing

Footsteps to Recovery, a Cardiff-based support service provided by Pob  8)

Its true that these services can really help out someone who had been badly affected by addiction but this one is being too emphasized on said article.
Going back with the issue, no matter how you do save up and as long you do have thoughts in mind on playing gambling then you do always
have the chance or tendency on playing the amounts you do had.

Its just a matter of self control but people eventually failed on this one.

If you do have these kind of motives in mind then you would really be making yourself as an addicted one and you would realize things when its already over or had been already done.

You wouldnt realize those when you are still on the present state and you would be mindful on repaying those money you had borrowed if theres nothing left in your pocket.
You would mess out on your life if you dont know on how to handle up your finances and tending to play with loaned amounts.

At first, I thought the article was just promoting a certain gambling recovery program. But it looks like the story was real as there was currently active crowdfunding by the gambler involved. https://www.justgiving.com/crowdfunding/craig-walding-1

Kudos to his determination to get out of that addiction as losing the said amount can cause a hard depression to others but he managed to stay in control, with the help of that recovery program.

Out of topic but I'm curious about why he chose to do a fundraising boxing match on 4th December 2021 instead of other things.

£40,000 is a big amount but this is still a mild case if we look at how gambling addiction could actually ruin more than your finances. Losing money in gambling is normal. Losing £20,000 in a single night may still be normal among VIP rollers, but losing jobs, businesses, properties, families, sanity, even lives is the worst that gambling addiction could cause.

The role of gambling addiction recovery programs, whether government or private, cannot be overemphasized.

Gambling addiction starts with a little hobby, then gambling becames occasional until you realize that you are in a big trouble being bankrupt with a huge loan. Sometimes when we gamble occassionaly we just find a reason or justify our losses and kept on gambmibg until we lose more. You should know your self too well when are you starting to get hooked up and when to stop. This maybe easier said than done, but imagine the consequences you will have to face when you fall deep into gambling addiction. It is not just you or your finances that are affected, but also the people around you, your family.

I can just imagine how much he is suffering right now after he lost that huge amount in a span of a month and worse half of that in just one day.

This is the main reason why I don't want to spend too much money in gambling. I don't want to put myself in a situation where I will regret in the end because of putting so much money in gambling. I don't want to get addicted into gambling because there are no benefits into it.

For those gamblers out there, gambling isn't bad at all but what is bad is gambling without any moderation. You can easily get addicted into gambling if you are spending too much money and time into it. Gamble with moderation if you don't want to be the same as what the OP has shared :).

Everyone who is aged 18 and above are responsible for their own actions. If you don't know when to stop, you should not gamble. As simple as that. I have seen a lot of people getting ruined as a result of gambling addiction. The problem here is that people refuse to admit that they have lost and continue to chase after the losses. And in turn, this results in even heavier losses. And then the church organizations and other lobbying groups use these incidents, to ask for a blanket ban on gambling.

his life was a roller coaster because too many times he fall and got back up . now that he is in top again i hope he stays there  .
 its wrong that he blames the casino promotion because this made him addicted but casinos are only doing it for business .
sorry but if there is one to blame here that was himself because he dont have a control .
the guy has an existing mental health problem and this made the situation worst but he should treated it first before getting into gambling .

I agree, if they are capable of doing adult decisions then they should be able to do all adult things, I don't get how some people pick what makes them benefit when they want to be considered an adult, all the good and bad is going to be part of it and you can't pick it. I think 18 is the right number since a lot of countries already agree that 18 is the number.

The problem is that he has a bad rehabilitation on his addiction, in my opinion any addiction treatment/rehabilitation should consist of pre-care, main care and after care, and I like to emphasize on after care because that's the point where a lot of people do a relapse. Gambling addiction is like any other addiction, it needs treatment and people can get addicted again.

I read the article, its a story of his struggle, depression and how he made his way to recover on that hopeless part of his life. A first game that seems for entertainment to him unfortunately led to addiction that he cant control. Spending huge money to feed his addiction turn to worst of thinking to commit his own life for losing the money plus having debt. Its a common story of a gambler who became addicted but the good part is, it has a happy ending, he overcome that dark moment and managed to lift himself with the help of the Cardiff-based support service helping those people to recover and become a better person.

This is a good example for gamblers to think before deciding to play, because gambling can be addicting for a person who have no discipline and has no self control. Its fun at first but the mindset of being eager to win is one of the reason why we keep trying until we didnt realize that we lose a lot.

pre care and main care are important because if it done right the gambler wont become addicted again but if they are not sure of the pre care and main care that they do thats the time they need to conduct a after care  .
 all types of addiction is seriously dangerous and should be treated imediately by the help of a parent , relative and friends of the addicted person if they cant be able to surrender themselves in the rehabilation centers  .

Yeah, I read the article and I see that this kind of gambling addiction is very very damgerous, for in this kind of game, these people will hope that by gambling they would be able to change their lives by winning very big, not thinking of the consequences if in case they have used up all the money and they end up in huge debt. If the person is not mentally stable in such times of crisis it will end up being depressed and might have suicidal thoughts. Remember, only gamble money you are willing to lose and that's it. If you lose it all then go home and don't gamble again.

I pity the man who lose that 20k euro in one night, I saw the article and all those happen because of the pandemic. He is struggling with his mental health and he found gambling to relieve his stress on it. His addiction consumed him that it almost ruined his life. Good thing he found a group that helps with addiction and started a new life. I hope some members here don't release their frustration on gambling because of the pandemic, find someone you can talk to, or have a hobby that is not related to gambling.

There are others that has much more than this, I am watching players in Roobet.com betting 20k usd per round that means what story in OP is just a Peanut compared to that gambler.
though maybe they are more capable than what the story tells.

Prevernt yourself from engaging in gambling to much , because I've been there before.

it really is necessary to investigate this story further, he said he made occasional bets on the weekends when watching a game, if he did it for a long time then what changed and made him start being addicted out of nowhere? did he have control of himself and out of nowhere he becomes addicted? this story is very strange. his argument to justify how he became addicted Is that the lockdown changed his routine and made him stay at home doing nothing (at least that's what i understand) so as he had nothing useful to do he decided to drown his hurts in the game of chance and became addicted. this story is very strange. it looks like a conspiracy against the lockdown


maybe these players are people in control of themselves and have a lot of money. The problem is in doing something that the person does not know and that he knows he has no money to do. Addiction is something that anyone can have, but if the person is in control of himself and has a lot of money then nothing prevents him from spending a lot of money on gambling

I don't condemn him though.I know the feelings of a real gambler and I know what he must have thought at those moments.He must have thought I am spinning a few more spins with max bet and if I hit that jackpot I solve my financial problems once and for all but this almost never happens.He learned the lesson in the hardest way and I am sure now he will not be back to gamble anymore.I have tried the same with small amounts 1000 EUR where I have played 20 spins with 50 EUR bet but lost in a lightning fast amount of time all of the money.

This is the problem if we are hiding our gambling activity to our family or the people we love because we don't know that we are already becoming addicted and losing our behavior in right manner.

and in the end? we lose everything including our family and Life.

Never gamble on our own. let people knows our activity so there are others that will remind us about our changes .

Yeah, sometimes you need to lose it all for you to come to your senses. I have lost amounts as well when I was in college. We have these small fiestas and then what we call the color game. You choose a color and then your money will double if the color that you choose is the one that showed up on top of the color dice. Lost so so many times after winning a few and one evening I even lost 2,000 PHP in one sitting. It is only through sheer discipline that patience that I learned how to play not with emotions but with a plan. When I play poker at a poker club, and this is a physical one at that, I tend to control my winnings and losses. Treating it as a business rather than entertainment. Helped me financially then and made me what I am now in crypto space. I seldom gamble for money nowadays but when me and the blokes play we play poker using small coins just to entertain ourselves.

IMO, people with unsound mental state should not be allowed to gamble. In many of the countries around the world, before being able to purchase a firearm, you need to undergo a psychiatric evaluation. The same should be made mandatory for gambling as well. Those who are vulnerable to gambling addiction should not be allowed in to casinos or online sites. I agree that for online gambling, it is very difficult to implement the rules. But it is necessary to implement strict rules.

That is the risk from being addicted and we read about that news.
Being addicted is what we must avoid, no matter if that will work hard for us because gambling will always seduce us to come back and play the other gambling games.
I am sure we do not want to lose that much so we really need to avoid that thing and make sure that we have control.
It is good that he can tell his dad and his friends to get help from them and go to rehabilitation.
I think both are not wrong but the responsibility will still be on him or other people as he will decide what he will do later.

Its dumb decision for someone to take gambling as final resort where they can burst their emotion since this really add the problem, Imagine how big can we possibly lose since we arr out ot focus and we ill became more lonely specially when we already drain out our capital.

This is a good story to read and lucky for him he found a good group where he can eliminate his addiction and hopefully other can think about it in advance that there's no good benefits we can ger if we became addicted and doesn't have a self control.

I guess he almost forgot the risks of gambling that he used a huge sum of money to gamble in just a single night. Gambling addiction could really lead us to losses that will only bring regrets in the future. One person needs self-discipline and self-control to get rid of this mental illness. Sometimes, if we're enjoying something, we tend to forget its negative effects which we have to be mindful of.

I feel like people who are new to gambling are rather more prone to losing big amounts of money as compared to someone who gambles on a regular basis because when you are new into gambling you feel like you have found a way to earn easy money and initially you might actually win some which then makes you go big and hence go bankrupt.

But once you are gambling for some time you automatically build a sense of understanding that it is not possible to win every time and if the bets are not paying then it might be the right time to stop betting.

People who are new to gambling/betting think they just cannot lose which is the root of the problem.

What is happening here psychologically is this:
You lose, let's say, 1k by "bad luck" while playing. But the player does not accept the loss and now tries to make up for the loss with even higher stakes. Even if this succeeds in the next game, there is a good chance that the player thinks he is on a lucky streak and continues to play - instead of stopping at this point.

This leads to an accelerating downward spiral where losses are compensated by betting even more money. Until you end up there and have lost 20k or more ...

'If you arent mindful with your actions then you would most likely be ending up with this kind of scenario or event on where you do play gambling but doesnt already mind off on how much
money you are already spending and thats a bad thing or simply does shows that you are already addicted to it.
We should be aware towards our actions and it is really a bad idea on borrowing up money just to cover up your gambling habits because it will surely
be making more problems rather than on solving it.

I'm of the opinion that he knew all risks, he just focused on his greed and didn't care about the value of hard earned money and ethics. This is the saddest thing, when you know you will lose anyways since desire is unlimited but your greed never stops. Every person no matter their financial status can do hard work and improve their living conditions in a good way. Chasing easy and illegitimate money is never acceptable. Gambling is such an addiction, that I wouldn't even want it happen to my worst enemies!

The problem with gambling is not the amounts but the control you are losing over yourself actually. I have been into gambling for a long time now and I know it can be a disaster once you start losing control and even worst once you start chasing your losses. 40k Euro is nothing for a rich man so I won't say he lost too much and wouldn't recover. Whether the amount is big or not, we must not gamble what we cannot afford to, this simple thing people fail to apply in real life.

Indeed but gamblers who are addicted need to understand that gambling addiction is similar to something like fever, it won't go off its own and there should be no shame in admitting to addiction as long as you are ready to overcome it, must see a doctor.

Common reasons;

-Chasing up his losses
-Thinking of on getting huge sums in profits or winnings
-Can repay those loaned money he taken
-Greed
-Impulsive emotion
-Doesnt really mind on what would be the consquences

Even if he's aware on the possible problems but still tolerated his addiction then he would really suffer after that.

All he had in mind was that he wanted to win. The greater the money that has been spent while playing gambling, the greater his lust for victory. The person will continue to play with the hope of getting the jackpot so that he can get back the money he lost. I was never surprised to see someone lose so much. Because when addiction can't be controlled, it would be difficult for someone to stop playing while in a losing position.

I guess people do not really end up gambling because they are addicts, they are addicts because they gamble. What I mean is you do not know if you would be a good gambler who just does it time to time with a small amount you can lose, or if you are a person who would get in and lose 20 thousand pounds when you get addicted, it is really weird.

I personally do not feel like I could do anything like that, not that I have the money for doing it anyway but I probably won't do that at all, it would not make any sense. This means there are some people out there, probably kids right now who will grow up, and they have no idea what kind of gambler they are, maybe you will be fine and spend 50 quids on it per month, or maybe you will get addicted and go crazy and lose everything you ever owned, nobody knows until they try and that is a scary feeling to be honest.

if you gamble for the wrong reasons like getting rich over night you will learn this the hardway!

It's unfortunate that for first timers in gambling they usually win the first few games which clouds their judgement and want to go all in as they build confidence not knowing that's how the gambling addiction starts as you are forced to chase your losses.

Sad news for the lad that took his life, if you suffering from gambling addiction talk to someone,it should never end this way.

I don't know, losing 10% of your net worth is already a lot, from my standpoint. True, it's not a killing amount, but it's enough to make someone think about getting it back, "to recover the losses", as gamblers like to say. I think a gambler should risk not more than he/she can easily afford to lose. Losing 10% of all your money is never easy.

This is exactly one of the risks of gambling, being addicted, this happens because the gamblers cannot control their ways and willing to manage the funds, emotion, and also willingness to gamble.
And being addicted is very usual in gambling, most of them are experiencing this. But it may vary o how hard the addiction is.
or his case, he may not change enough if he is not treated carefully and wisely. Sometimes, losing much money can also make someone feel stressful but sometimes they are eager to play more and more.

If he remembers the risks involved when he loses all the money then he is not yet an gamble addict....an addict will not realize and accept that he has lost, his greedy passionately darkens his eyes and thinks that in the next round i will win, and so on.

If you, a friend or your relative has a gambling addiction problem like this then seek treatment immediately to a psychiatrist, so that this addiction does not ruin your future.

Too much risk taking that he forgot that there are consequences if he lost. I guess the guy's trying to make some money but forget that gambling is not a way to earn some money or he doesn't think that risk management is very important? I can't think any reason why he suddenly becoming addicted to gambling. It must be his first time having a real good time but didn't bother the aftereffect of staying too much in a game. Poor soul, just end his life without thinking another way to solve his mistake.

That's why people should learn first how to manage risk even if you think you are rich it won't matter when you landed on a casino.

€20000 or around $24000, why you guys feel shocked like that? In fact there are lot of people who have lose more than that amount multiple times bigger than that. I remembered a guy who lose 300 BTC in bustabit, you can calculate how big his lose on USD or euro terms. That gambler simply don't have money management and greedy while he already ahead, nothing to be surprised on here though

I think the gambling firm is not wrong because that firm only gives way for people to play the game with money involved. He does not know how to control the money used for gambling, and coincidentally, he loses too big money in gambling. Maybe he knows the risk, but he still plays gambling, and he loses for some money but continues to recover his losses. We can blame other people if we are losing the money but if we can be wise and think for a while, maybe that mistake comes from ourselves.

Needs to be said in a relative sense. For someone with a net worth of above $1 million, this amount may be huge, but not life-threatening. But the same can't be said about someone who has a savings of only around $25,000. A few years back, I read about an Arab sheikh, who lost around $10 million in a casino in Monaco. These guys could afford that, because they have enough cash with them. The problem occurs when someone with a hand to mouth existence try to repeat the same.

I have heard about a lot of gambling addiction man were lost a big mount of money within one night, for they were lost, €20000 is really not a big number.
There was a gambler in the village next to mine, he has a nickname "won't die", due to he has a lot of experience of firtst lose a lot and win back. But the last time he was not lucky anymore, lost about tens of dollars , and then he had killed himself.

Casinos or Betting businesses need to encourage their customers to be responsible bettors and avoid gambling in bets (or avoid taking big betting risk)... It's as simple as that.
You can't be encouraging people to gamble in bets and expect them to be responsible bettors.



Don't bet with what you can't afford risk/lose.
Bet but don't gamble. Bet responsibly.
It's has to be Safe Bets.

Only use Good Casinos or Betting businesses that encourage safe betting.

That was because of addiction, that's how dangerous addiction is, it will make you lose everything you have if you will not stop. People with this kind of problem do not think that losing is possible, they will always think of bouncing back until they don't have anything to gamble.

Gambling is not bad if we treat it as entertainment, or we can go further but we need to make sure we are already responsible enough to manage the risk. This guy has learned his lesson the hard way,  £20,000 might take a while for him to recover but not in gambling anymore.

They are making it as a habit but if the habit gets cozy like they want it to have everytime that makes it more dangerous, of course the urge to win because of the losses. The thing is we are aware that gambling if can't be handled properly will lead to bad habits yet many are still risking to take and go with it.

That's an expensive lesson he got there but just happy for the guy that he already cope with that addiction already and healing. We've seen some cases like this and we've been warned and even gambling sites does that, it's just that some individuals can't handle.

For people who have a lot of money, €20000 is bigger and I think they will not accept the losses and try to recover them in the next few days.
Maybe they lose because of the temptation of gambling games to spend more money without realising it.
If someone can win back his losses, I am sure he has the luck to get that losing money.
But not many of them can recover the losing money because they will lose more money if they try to recover.
If you control your money or have limitations, you will not lose that much money because you will see that playing gambling will no need to lose that much money.

Gambling firm doesn't give a ****,, they operate to earn profit and they will continue to do so as long as they are not violating the law.

It's our responsibility to gamble responsibly, so it's wrong or stupid to blame casinos or gambling sites for our mistakes.

Every single business cares about profits and no one sets up a business just for charity. They need to pay salary to their employees, and a significant chunk of the revenues goes as tax to the authorities. At the most, they can put up warning signs, offering help to those who are vulnerable to addiction. Apart from that I don't think that they can do anything about these incidents. If someone is careless about money, eventually he will end up bankrupt. And for that a casino is not necessary.

He probably forgot about it and just pushed what he felt by that time not until he has experienced it personally and lost a lot of money within a single night.
It will bring regret if suddenly he changed his mind and regret what he did because he personally have now an experience how it feels to lose a lot within a single blow.

^ This is the reason why you should never gamble to escape the reality that hurts you and your spirit. It would only break you mentally, emotionally, physically, and spiritually. I know why this guy has been addicted to gambling, he did not value himself and he did not believe in it. And the time that you lost your respect for yourself? That is the time that you will stop caring about rights and wrongs. And then you will soon end up with the most painful failure you won’t think you would survive. I am not here to blame him but I hope this guy would set an example that we all have to be responsible for. We can always gamble but make sure that you’re only gambling or fun and using funds you afford to lose.

We've got a lot of examples but we will still some who would share the same situation in the future. It's not going to end in here but at least with those people that have read what was shared, they now have an idea how to avoid such bad experiences that had happened to others.
If you're the type of gambler that learns from other's experiences then you're a responsible one.

Even if you have that kind of money it doesn't mean that you need to gamble everything, he lost self-control and no financial budget in gambling that's why he lose that much of money in just one night. I can't imagine how he gamble that money and living like a millionaire in just a night is not a good mindset in gambling. This one will lead to addiction, and if he borrows money just continue playing, that's the dead end point to that guy, he must realize this one.

He let his emotion do control him and specially with his own greed where he knows that he does  still have money in his pocket where he can spent it out as he wants
and this is where  the bullshit things come from.

You would only realize when its too late but before that you wouldn't really mind as long you would able to spend it out.You would be facing up the worst
if you do let things to happen which shouldn't really supposed to happen.

If you do love yourself and you do love your family then quit gambling.Period.

That's him and feelings will change if you've got the money and you're very much excited to gamble. And that's really happening for those people that became a gambler newly.
He wasn't able to control his feeling because of being new.

This is the lowest that you can get if you become addicted and lose control of your life, you can lose everything in one sitting, you are just deceiving yourself if you think you can all get back in just one roll, obviously, he was chasing all he lost, glad he got his feet back again with a help of friends and organizations, but this is a very hard phase of any gambler's life to go through, but he can inspire others about his story and can help stop people from becoming addicted to gambling.

When he chases, he loses in gambling, which can make him get another loss as in the gambling games, there is no guarantee for the gambler to recover the losses. Maybe if he considers not chasing the losses, he can still have some money and maybe he can back to the gambling game in the next few days. We can learn from his story so we do not have to get an experience like him and we can still be careful and avoid the addiction.

Learn from other mistakes, it's good. We don't need to commit this mistake and loss money before we lose, it's so stupid. I have some bad days in gambling as well, I go beyond my limit and I regret it, but eventually I learn and I also like to thank this forum as I enjoyed reading a lot of threads about gambling addiction and advises.

Gambling addiction is the one that can take us to the next extreme of life. Happy the gambler didn't end his life, because I've experienced the same years back. In a single day I lost 5 Eth in a day. By then I don't have anything more to meet my life needs. I thought of ending my life. Think if I've kept hold of that fund, now I could've had more than $20000 on today's price.

Once after we loss our mind will think of ending the life, this is common. We need to overcome that moment which is more important.

That's why I really avoid gambling, because besides having a big risk of loss to ourselves, of course, gambling will have a big impact on our family's finances, so that many people who are addicted to gambling will usually lose money and most likely their family was devastated, because it is someone those who are gambling addicts are no longer responsible for the life / livelihoods of their wife's children, in my opinion it is better to stop gambling immediately than to have to wait for our family to be destroyed because of gambling: '(

Addiction brings about behaviors that are incompatible with our personalities and daily actions, sometimes we engage in gambling almost unconsciously, our body and soul seem to separate in some gambling moments and remain so, the loss is already at a new number compared to the original calculation. Ending ourselves can sometimes be part of an unconscious act when we feel we can no longer start over but hope people don't think so inaccurately, life and time are always too precious, they will create money and help us get back on our feet

That's nothing. I bet there are more people that have lost even more overnight. They can either afford the loss or they are just addicted. Nothing else. They wanted to get rich over night. Tried their luck. Lost. And now they either move on or mourn and regret forever.
The guy made a stupid mistake. Why would he borrow money to gamble? What's worse is that he trying to take his own life. He is going to escape, but what about his loved ones? The people who are close to him?

In every gambling casino they have what you called high rollers and this gamblers can lost more than what the guy lost in the story but loosing $20k in one night can make him one of the high rollers  .
Most high rollers can afford what they are betting because we can see them coming back everyday to gamble but addicted gamblers that bet high can't do this because they  are mostly broke , this is the reason why the borrow money .
 They won't think of ending Thier lives if there are concerned people around them because they can get a comfort .

He actually lost a total of 40,000
Sad thing is : That money was borrowed too. He did loose 20,000 in one night but over the span of a month be lost 40,000.
See lockdown makes you do stupid things but addiction is something that depends on how strong your mind is. If you mind is strong enough then does not matter how much you play you would make it a habit to play in moderation and at the same time you also have to be meticulous about it. I do think he continued to play after one night of loss was because he wanted to earn them back. Unfortunate but familiar to all of us. But we have to understand that these things are always dependent on luck. :( I hope he recovers soon.

Addicted people wouldnt mind about people around him because the thing he's thinking off is about to make profits and when problem arises then he think off
on escaping it without minding again his loved ones that would be left and thats really a selfish act which is common for an addicted person to do so.Its true that this
isnt a rare case but rather a common one where lots of people who do lost big time not only limited to 20k but even more but well it does depend
on how deep the persons pocket though.

Many people lose a large amount in one night even to the point of sacrificing what they have until they have nothing, and that is much better than losing a large amount in one night to be gained from borrowing is very stupid.
short-minded and does not see his capacity to gamble and does not think how to return it if he loses, and it will be a burden on his life to think over and over again which will lead him astray and there is no choice but to end his life and without thinking about the people closest to him.
acute and foolish addiction for those who borrow to gamble regardless of ability.

That’s the problem of every addicted gambler, they are borrowing money just to gamble and its happening even before this pandemic started, many are already drowning into debts because of gambling. Online world becomes more active because of this pandemic, and casinos are also entering the online platform and that’s why its very easy now to gamble. If you’re going into big problems right now, gambling is not a solution and never gamble using the borrowed funds, because its a big trap.

Maybe in the future, there will be databases with the names of gambling addicts or those inclined to gambling addiction in them. Such people shouldn't be allowed to any casino for their own good. Even though some people might see that as a violation of human liberties, this measure could save thousands of lives.

If we are addicted to gambling, sometimes we don't think logically anymore and take actions that have enormous risks. One of them is gambling
with borrowed money, I have found many people who are addicted to gambling using borrowed money to gamble. Finally, the person who used
the borrowed money to gamble got into a lot of debt, and made his life ruined. Therefore, don't ever dare to use borrowed money to play gambling,
just use the extra money we have to play gambling. If we don't have the budget to play gambling, my advice is better not to gamble first.

And the thoughts like he can hit the jackpot "every" next time and pay off all his debts and live a better life. I used to think this way when I was quite "addicted" 3-4 years ago. I was in debt and convinced myself that the only way to paying them off is to win big, there is no other way, and kept asking for debts and playing and losing. That's an uncontrollable condition and a person usually needs help if in this situation.

Gambling firms always gave a warning and so are the people who are promoting and involve in gambling even players like us are doing that, but he chooses to ignore it, when it comes to gambling it's always your personal decision, you win and you lose because of your decision, the guy loses a lot fo big money because he realizes he has no control on his action if he has control he should just allocate a portion for gambling and not deposit all his money.

Of course, it would be always depend on your own decision and you are the ones who do create your own fate and the path you would take is depending into your own awareness.

If you do intent to have a miserable life then you would really be tolerating towards your addiction but if you do mind about your family and other plans in life then
you would definitely be avoiding gambling at all cost.

The situation here do shows on how this man had messed up his life and put into deep debt because of doing such wrong decision.

The reality is exactly like you said, especially on this virtual universe, but at same time I understand the gambler because it must hurt a lot to lose thousands of euros in just one night, so it's normal that he becomes angry over the casino, that just called the police for him when he told about his desire for killing himself after the huge loss.
However there is nothing the gambler can do besides stop gambling forever, what I think it's the most recommended option for him, or he can learn how to control himself next time, although I don't think it's a good idea for him to gamble again, because someone who loses 20,000 euros in few hours has serious self-control issues. So it should be avoided at all costs.

The one thing I hate is he blames the gambling firm for letting him lose a huge amount, I don't know about the gambling site but some gambling sites I'm betting there's a warning sign that pop up or a reminder that I am betting a big amount, but even without those pop up he can do better to know that you should only play what he can afford to lose, obviously he is not prepared to what is coming, so he blame the gambling site.

This is common reaction of people who's out of control they blame anyone for their lose but I don't think theirs someone will believe him since its so crazy to see why he choose to be addicted on the game. Also for what I notice on gambling scene most people who got addicted are first timer or those people who win big amount in quick scheme.

Losing your own money in gambling is very stressful and it makes you depressed already but borrowing a huge amount of money like that and then lost it all,  you just like you dug 2 graves just for you :X.

Gambling addiction is really a thing when it comes to gambling. This is the main reason why I don't gamble at all. Even though I know how to control myself, I don't want to be at the point that I will be addicted into gambling for some reasons. I just hope that he will be ok, he will pay his debts soon and will return back normal and after this thing that happened to him he will not gamble anymore.

Well, not only him are suffering from things like this because there are many gamblers who are suffering even more losses than his and I hope that they will learn from their experiences. Self control really is very important when you are gambling.

When we can learn from others' mistakes, we can get a lesson on how to avoid the mistakes and we can try to improve ourselves to become better, especially if we do not know how to control or limit our time in gambling. I am sure we have a bad day in gambling and I believe that we want to fix that so we do not have the same experience. Sharing our experiences can help others know what they need to learn and get something from them.

Someone who wins a big lottery or something like that, you are right. I was reading a story of a lottery winner and the guy told that after he won that big amount, it was something like $250k or something. He then started having a lavish lifestyle but the worst thing was that he kept buying lottery tickets and he went bankrupt after a year or so.

It is similar to how often we hit some big wins on slots but then we throw back everything slowly on the same slot. It has happened to me also when I was playing Money Train back in the days and I managed to land free spins and proceeded to win big but then I was just addicted and lost everything I won plus some of my own funds back in the game.

You have a point but the media loves sob stories as that brings more ratings than success stories, then politicians see this and they see a perfect opportunity for them to appear to do their jobs, they do not understand that the best policy in those cases is to do nothing, anyone that uses their common sense can see that the gambler was at fault, the casino offered a very small bonus and then the person goes crazy and losses al  his savings and even money he never had, it is obvious the gambler was at fault but he wants to shift the responsibility back to the casino.

Denial is common because no gambler would really be admitting about into their mistakes that had been done but rather giving out the blame to the casino on where he do play on.

This doesnt only limit out on that particular man but almost gamblers does have this kind of problem.It can be differentiated depending on the sereneness of the consequences that they had experienced.

This is the result when you do let yourself being greedy and doesnt mind off about your finances.You would surely be fucking up yourself in the end.

Media does that always for their channel's ratings to increase because they know that the stories of winning gamblers will not bring the sort of exposure that they can get through negative stories of losing gamblers as world has been in such form today that one person wants other person's annihilation in any way. However, good for that gambler who is trying to recover out of his gambling addiction.

im currently keep watching xposed or many gambler in twitch . they doing slot bonus buys $10k and its not for 1 night games but its under 1 minutes games which even crazier if you think about it. gambling become extreme and the fact is some people are really making money with gambling .

I saw one of those recent videos by xposed, it's crazy. The way he plays it's possible to lose tens of thousands within minutes. I don't know who gave him the money to play(once I saw his balance and it was almost $300k), but I doubt such a young man could earn that much so that he could be putting $300k at risk. In the video I watched he first lost $40k and then won $52k, but don't repeat it at home, guys, seriously, don't think slots can help you to easily earn $12k.

Only £20k? These are rookie numbers. There are lots of people who lose a lot more than this daily. As far as I am concerned, if they can wager these amounts, it means they are wealthy af so it won't affect their life in any meaningful way. If he lost his retirement funds however now that's just retarded and he needs professional help.

I think it's not about the amount but we can all learn from his mistakes, as gamblers you should always consider the worst effects and not just consider and dream about the good impact or profit that will be obtained. Because if the gambler has a consideration about the bad effects, then of course the gambler will be more responsible, not in a negative way such as suicide or anything after the bad impact is actually experienced at the end.

Awareness or being sensible towards your actions and mindful about possible effects then you would really get rid of that since you are fully aware on what you are doing.
If you do let yourself to go along with your addiction then expect on these kind of consequences on where you would really suffer out in terms of finances and
of course your relationship into your family or loved one would also be affected too.Always managed your finances well even if you're rich because
gambling can easily fucked up and changed your life into a poor ones.

Which is a shame because if people do not recognize their own mistakes then they are bound to repeat them, the casinos are not at fault for what addicted gamblers do, they are just offering a service and it is up to each person to decide how much they want to use that service and how much money are they willing to risk, this person should have stopped gambling the moment he lost a significant amount of money but then he got mad and wanted to recover the money he lost and this is what caused his massive losses.

Just because you made $100 out of $10 one should not feel happy and stay positive. In all aspects of life we need to have positive mind. With gambling this needs to be different. I'm an example for the same. Just because I made $500 out of $200 I had a big dream. This has finally made me loss around $20000 in less than three months.

The amount is still huge and that's why it matters but you're correct that the effects of our actions when we gamble should be considered. The effects vary and probably the impact of it depends also on the amount that we lose. And if we're just like OP and we've lost that in an instant within a single night, I know what I'll be feeling by that time. That would be a nightmare to me that I won't forget. Maybe if the time that I get old, I'll remember it and would just make fun of it but while the days are still near to that exact event which I've lost that amount, it would put me most of the time in bad setting and mood.

Outcomes would really vary on what are the things you had done earlier and if you do decide to go into the rough path then you would need to face it.We know on how it sucks when it comes

to financial hardship or being poor because you had just spent and lost all the money you do had because of gambling.When it comes to potential loss then this would be limitless.

Gambling would really sip out every penny you do have if you do have that kind of intent in mind on getting rich because of gambling which is really a very wrong mindset.

He started it in the wrong way, when he first the game, maybe he had a good run of winning and thought that he has luck in gambling until the losing streak caught him and he plays within his means and when he is losing he cannot accept that and he still thinks that he has a chance to get back until he loses a lot of fo money and it's too late for him to realize this, this is very unfortunate we only realize our mistakes late and after the harm is done, gamblers like this need all the help that he can get.

Indeed. But this gambler, as any other who also has lost big, have no other option than recovering the gone money through healthy methods like working and investing. For a first world country's citizen like him I think it must not be so hard to earn 20,000 euros in a year or so. I just hope he has learned an important lesson with this loss and that he overcome his addiction with the help of his family members who already know about the situation.

It was crazy and anyone could possibly ended up like this if we can't control such addiction. But this mostly happens to rich people, as this person knows that he still have money on his pocket, on his bank account, that he never thinks about stopping.
It is that need for us to have some limitation, otherwise, we all have ended up like him. yet, it was very challenging part especially when we are caught by addiction.

That's how it works in gambling. In the beginning, you may win small amounts and your confidence level will hit the roof. And then the losses start to roll in. You refuse to admit that you are getting unlucky with the games and then start chasing after the losses. And it reaches a point where you will suffer from irreversible losses. Experienced gamblers know how to avoid this situation. It is mostly first timers who get trapped in the never ending cycle of losses. But in the end, the individual is responsible for his actions.

That is brutal.  Oh well, he can always get a job or go  on welfare.

It's a matter of perspective, for me 20k pounds is a lot of money if converted to my local currency. That's invalidation if you don't know about that. Also, this is just a one night spree so I think that would still qualify as a lot of money, I do agree anyone who does happen to be in that situation, I think that they will need help and a family intervention.

I think that the three timelines that I have set should have equal importance because a lot of people forgot about the after care where the user is the most vulnerable since these are the parts where they are cold turkey.

Good luck getting 20,000 back from welfare. Even with a normal job saving 20,000 is a lot of work. It takes years to save such kind of money and being able to lose it in one night is devastating. We need to be more careful with our money and engage in risk management to protect us from going bankrupt. A gambling addiction makes everything worse because we lose control of our spending habits. But still if we are ever at risk to lose those kind of sums we should pull the plug and take a break.

for sure he already learn what gambling online is all about and how this will change His life in a matter of hours only so best to learn from this Guys.

20,000 Euro is Huge amount considering that i am from 3rd world country and losing this overnight would never  be in my folio  ;D

or maybe a really curious about it?

Almost same story that my uncle have. He has a friend that his partner in their automotive business, that's way back in early year 2000 which he entrusted their funds that cost $4,000 (that's already a big amount of money especially in the year 2000) to buy latest equipments for their shop. His partner saw a cockpit and has a derbi game on it, he bet all of the said amount and already made $8,000 profit but he never got satisfied and gambled it again the other day until he lost it all, that time, he lost his contact to his business partner that hid himself because he can't pay back the fund that he have lost in gambling.

I guess that's really the saddest part about gambling. If you don't control yourself in the process, you're really gonna end up in a very bad situation on where you'll get crazy and end up your own life. Gambling addiction is not easy to cure but it is curable of course.

As if he can recover that much mentally after losing that within a single night. It's easy to say some solutions to people like him because we're not in his position. But it's hard for him to absorb all of those suggestions because he's still in the mode of shock and disappointment. We're sure that he's going to recover in the future with those means like just going back to normal life and having himself focused in other ways like what you've said like investing. Although we don't have an idea how long he's going to do it and will able to conquer that bad feeling he's experiencing.

how old are you that time ? you have a good memory to remember a old story from your uncle but the situation of his partner is much better because he still has a control to stop after winning and decided to comeback the next day .
 his only mistake is he has a greedy strategy because he yolo or bet all what he win in the previous day.
 all in bets will make you lost in the long run and you uncle should report it to the police to track the guy and pay for what he did .

Self-pity, victimization or blaming the casino and gambling don't solve any problems. There is no easy solutions, but potential solutions are only going to get harder if the gambler get focused on the pain. Money comes and go all the time and nobody should get too attached to it. It's different than losing a beloved person: the amount you lose today, you can recover tomorrow or even more since you set your mindset on this direction.
Good and positive thoughts attract energies of the same kind which help us solving our problems in different areas of our lives, that is what I believe.

Those are easy words to say. Those can be followed by him but getting over what happened can last longer than what we can imagine. If he's a guy that surely can get over it easily then that's good for him. But if you're going to read what's on the first page, he's about to take his life so the trauma and stress that this incident has brought him are harder than you can imagine. Those solutions given are easy to say but applying it to his current state is a question. It's hard to see gamblers ending up with those bad results and starts to think of taking their own lives because they've gambled wrongly and lost a lot.

When seeing those future events on what would happen if we do spend too much then based up on common sense and self realizations you can actually picture it out ahead of time

but we dont know on what would be the consequences further on or what are the things would be mainly affected after you had commited such mistake.Its true that this is something not an easy thing for you to control

when you are already on the actual situation since its really hard to resist on and does matter on someones awareness and sensibility towards the things that he had engaged on.

OMG, that's a big amount, I'm sorry about your loss. I'm not even asking, could you afford to lose such money, because losing $20k wouldn't be easy for anyone. I hope you'll be able to earn the money back in the next few months, but not through gambling, obviously.

I disagree. His main mistake was going all-in the first time. Yes, he was lucky and won, but commonly this mindset leads to disaster.

I thought that you can picture the situation ahead if you're realizing it but I guess this is just for us who have experience and knows how to handle the situation. There's a likelihood that realization you're seeing might happen if you know what you do and there's an experience that ticks that in your mind. But the problem is that there are new addicted gamblers that can't picture it out. They don't listen to the experiences of others and that makes them ending very bad which serves as a hard lesson for them to learn.

Once a player already steps or visit the gambling website or casino make sure are you willing to risk all of the funds do you have its a gamble it's a game of all or nothing, win or lose. We have different sets of risk management and self-control I think the man losses a lot of money it's because of the eagerness to get more money or to take back its loss it's hard to fight against your ego if you are caught by the emotions.

The best way still always to keep conscious about everything that happens to your game to prevent losing too much because of greed or failure of the gamble.

So he lost all 40 thousand British pounds in one month during the lockdowns in England. I am not sure how to deal with that. If it is not lockdown and not covid then he might have gambled less and less since he has other avenues or things that he can do that would make him not gamble. But anyway he gambled and that happened. His story is already a cautionary tale for us people who has online gambling accounts. What I do is only play poker sites with play money that's it.

Well.. let's not examine the ifs and buts. It is actually very simple. The guy was suffering from mental issues and unfortunately his family and friends were unaware of it. If they had known about his disease, then most probably he could have got the required treatment and his family members might have taken adequate precautions. Actually this is a warning for all the gamblers. If you believe that you are showing signs of gambling addiction, then don't defer any further and seek immediate assistance.

That's sooo horrible story. And yeah there might a factor that pandemic causes him to play a lot that he got to the point of that big lose. We all stayed at home for 2 years now and hopefully this story will become a lesson to all the gambler out there to gamble moderately and responsibly. If im the one in his shoe that time maybe I do that also because im not sure how to deal the life with big debt. He got depressed because of pandemic and to kill the boredom he got addicted to gamble. Loses a big money got depressed again and kill himself :((( Make it lesson guys.

Which unfortunately it is what the gambler that lost all of that money was doing when he tried to place the blame on the casinos, which means that there is a very high chance that he is going to make this mistake again, it is known that those that own their mistakes and their actions are way less likely to make life changing mistakes as they know they are the ones at fault and the ones that will have to solve their problems, people like this gambler will keep making mistakes in all aspects of their lives as they are incapable of owning their mistakes.

Most of gamblers doesnt really accept their own mistake on where its true that they would really be most likely taking out the blame into the casino on why they lost and after that they would play again
once they do have already some balance into their account.The amount is really limitless when it comes to losing money probability and this is what makes gambling industry to be so profitable.
You would be really having the tendency to commit out such events in your life if you do let yourself get hooked with addiction and doesnt mind off about your finances.
As long you do have the money to spent on or sell your properties and assets then you would really always have the chance on going all in.

Unless he can prove that the casino employees forced him to gamble, it is not going to benefit him. He was of the legal age, and in sound mental health. He spent all that money on his own, and now there is no point in badmouthing the casino. And since casinos are visited by thousands of people every day, it is not practical for the employees to know whether the gambler is blowing up all his savings in one day or not. After all, casinos are also businesses and they have expenses to take care of. Usually the house edge is in the range of 1%-2%, and from this amount they need to cover the taxes and employee salaries.

If there is some kind of intervention, I am pretty sure that people can be rehabilitated. This person isn't an exception to that process and if he can't then he is a rare case but his loved ones still has to try and intervene with the problem, it's all right if the addict denies it as long as the people around him are still doing it.

Theoretically speaking. This intervention thing will really help people to avoid being addicted. The problem was not all people are open on this kind of problem that's why its very hard to stop gambling addiction. Even the casino limitation on betting will never stop this because an addicted to gambling person can easily find a way to gamble more.

Same stuff.

Losing in just one bet (all in) is not different on losing your money on many bets (small bets at a time), because if you're gonna lose, you're gonna lose no matter what. Also, that's the thrill of gambling, why bother making small bets and winning after every other bet if you could win one time big time, right?

Maybe that person in the article doesn't want to waste his time figuring out if he could win or not, that's why he did All-In to test his luck.

To someone who has no control over his actions, this is bound to happen. The guy has no one to blame for this misfortune other than himself. Because it's impossible that in the instances that he's betting, he's not at least getting a win or two. Which he could've capitalized on instead of wagering it and literally throwing it down the drain.

The result or outcome might be the same but you cant really force out people to bet all in or on a single phase where you wont really be having next time once you lost and this proves out that a gambler
is really just seeking for earning profit rather than entertainment.

Reasons on why some or most gamblers do prefer on a slow pace of gambling on where betting on small amounts even though it doesn't really give out different result on where they do
hope that they can profit out on the process.

Its no deniable that probabilities is there since we've been dealing with multiple bets rather than on having a single one which wont really be giving you the chance.

But how is this the fault of the casino?

The casino is merely offering a transaction to everyone that is interested in taking it on. Any player is well informed that they are taking on a losing proposition in the long run - whether or not they plan on actioning on that knowledge is their choice only.

I'm not saying that what the man has gone through is insignificant, not at all. I'm just questioning the validity of blaming the counterparty of a transaction that you had willingly entered.

Yes, it's only him and no other than him.
He's got some wins and that's why he was encouraged to gamble and thought that it would be an easy win for him. But the unexpected has happened.

Now he learned his lesson  ;D

People nowadays have their own different level of hype and some of them cannot control it like this man which lead him to lose that huge amount of money.
Man, everyone should learn how to calculate and save their money before thinking to waste it. People are suffering in other parts of the world why can't it be a reason to take care of whatever little things we have.

Thats true, this happened because of his own doing too so there's no one to blame other than himself. Sometimes before trying to engage ourselves in any activities that can be addicted in the long run, we need to set limits and have discipline to prevent this from happening.

We will only realize our mistakes if we already in a worse situation and we cant get back what we've lost. Actually this is not an unusual story of a gambler losing huge amount, I see some other worst case than this and some of them has no happy ending.

Losing ₤20,000 in one night is quite common. If you've ever use martingale strategy then you know how easily it can happen. It sounds like this guy was risking more money than he could afford to lose and that is why it ruined his mental health and he went into debt because of it. If you are not a rich whale then you really must be crazy to be wagering your entire life savings.

He should blame himself for doing that thing and make him lose too big money. But that if he realizes of what he already did before. But I wonder if he can stop gambling because of his losses because if he is addicted to gambling, I guess he will hard to stop his habit of playing gambling. He will still play gambling, although he already loses the money. Although he can win one or more times, it will difficult to recover his losses because that is a lot of money.

The person is weak and sinful ... I cannot condemn this person.  

Gambling addiction is considered the most dangerous type of addiction.  At the same time, suicide is not a way out of the situation.  This tragedy must be lived through and continue to live on.  In gambling, you need to limit your bets.  You need to make sure that you cannot lose such a large amount of money at a time.  

Perhaps this person needed the presence of a faithful friend next to him.  

A friend who could keep him from continuing the game.  Perhaps this man was lonely.

Chasing loses is one of the problems on where gamblers do experience is on where they do tend to chase out on what they had lost and even having the option to take some loan
or make use of their life savings which is really a bad idea and if you dont like to mess up your life then you should think on what are your priorities
and dont spent up on the money that you can afford to lose because those are intended for other purposes.Come to think on what would be the other things
you can buy with that 20k you had lost in gambling site? Only play for leisure but dont go overboard.

Many times the story is quite the opposite - like someone becomes millionaire with a lotto or someone hits the big jackpot. These stories are quite inspiring and many people go into FOMO mode when they hear them and perhaps that is linked to situations like the one you are describing because a percent of player will respond strongly - perhaps those with a more vivid imagination or those who feel that life is not fair with them and need to feel somehow "lucky" even if for a moment, so it is good that sometimes we remind everyone that games are just games... life if about other things.

Been addicted to gambling is one part of gambling that gambling sites should help curtail. If gambling sites do kyc verification I believe it should be with the motive of knowing their customers better as well as helping them manage risk. When it comes to addiction one can't help his or herself and as such they are prone to making decisions the would end up regretting.

Gambling addicts should learn to open up to people they can trust so the can be guided and counseled. Lately the level of gamblers who commit sucide after betting their entire life savings is on the increase and if nothing is done it might mean loosing posing danger on the life of gamblers because more would still get addictive over time and would still risk beyond what the can afford to loose

Wow, £20,000, that is a lot money to me, why would people do such thing, it looks like gambling addiction is very horrible.
If it was me, i would be heartbroken very very much.

For others this is just a peanut but for us this can be the start of new tomorrow, I use to be addicted in gambling but never that i afford losing this much in single night? Common this is too much to expect.

but if all my losses combined then this maybe more than this , at least 100-150k euro for my whole gambling career.

A company does no wrong in actually advertising there product or services.  If other companies or organisations are at liberty to do so, why shouldn't the sports betting or casino companies. They are a legally registered firm and pay taxes so, as much as they are concerned,  all warnings have been previously given. A gambler is accountable for his own behaviour while betting.

This is some of the reasons why, betting is reserved for the matured minds only of which, many parts of the world gives the range from 18+. Should a company had called or even a friend to have advised a gambler on his gambling habits while losing, he wouldn't elven stop It's just so bad that, most of these guys after engaging in uncultured gambling habits, they decide to take the easy way, I won't say easy way but, it ain't cool using debt for a resolution on debts.

Yes, it is. Many gamblers still try to chase their losses the next day and with more money because they do not like to see the previous losses before. But if they take some loan to chase the losses, they can get a double loss at the same time because he does not have money to repay the loan, plus he will lose the money he borrows. Using the saving money will not be recommended because that money is for life and you use it for your own benefits and not for playing gambling. But it seems people tend to use more money to try to win the game. Playing gambling is fun, but we need to know when we must stop gambling.

I think that it is more than just a theory since there has been a lot of cases where people who were addicted to something got the help they needed because there was an intervention involved, that's why I think that it is more than just a theory. Casino limiting the bets or the money spent are designed to be bypassed, they don't want help addicted people,they are the biggest reason why their business makes a lot of money.

Yes we should understand these people, people with weak character are like this, they easily fall into something that can excite them, and if they can't control their addiction, their lives become miserable and hopeless, instead of condemning them we should understand them and offer and give them help, gambling addiction can be overcome, they just need understanding and help.

The issue is that there are no excuses for his behavior, after all a great deal of the population around the world was experiencing social isolation and yet they did not gambled their savings away and did not indebted themselves because of it.

And any excuse that he tries to come up with can be answered like that, he is the only one responsible for losing his money and even if the casino had closed his account he still had the desire to gamble and would have done so in another casino and lost his money anyway.

There are really people whom do act that they're perfect.Arent they?  8) Instead on understanding out the situation they do rather make out criticism instead as if they dont experience
out those kind of thrills that can be felt when you do gamble.This is just other people cant really handle out their emotion and make out bad decisions in life.
We arent perfect and mistakes could really happen it is just that there are people who are good on managing up their funds or money
and able to control the risk of getting addicted through gambling.

Not just 20,000 but 40,000 British pounds in one month. Think of that money. I have friends that barely live a comfortable life, one of them only earns 400 British pounds a month, and here we see 40,000 British pounds squandered by gambling in one month. Now if that isn't utter stupidity - I'm sorry I have to say it. The person knows that 40,000 pounds is a big amount and he should have thought about it many many times over before deciding to give it away to the gamblers due to bad play.

The lack of self-control hit him or maybe the lack of guidance as well from the family but I say the latter isn't that common for young adults of this age. Sometimes it can't be avoided if addiction comes to play and those addicts only realized when something they've treasure most was gone to them.

Probably it would help. The man was lonely due to the pandemic and gone too far on his gambling adventure. After losing he had no choice besides telling his family about the issue, which promptly started giving support and helping him. The gambler did the right thing and was courageous to share his bad experience with his family, I must admit.
Now they just need to stay together and keep in touch more often to avoid loneliness. For some people it's not an issue to stay alone, quite the opposite, as there are people who feel much better alone than in groups, but for others loneliness is devastating and can lead to addictions like gambling.

wow, you have spent quite a bit of money on gambling in your lifetime...

Until now, the money I have spent on gambling is still very small because I am not a gambling addict. to be honest, I am grateful for that because there are still many costs that I have to pay for every day.

It's easy to understand them.

But next to it is how people like him would have to recover from this experience. If he wants to get some help, he can do it.

And in short, things will depend on how he's going to act after this big loss.

The guy says he was drinking and he borrowed money from family, friends and payday loans. 2 things you must never do when you're gambling.
You shouldn't take alcoholic beverages when you wager money at any gambling game and you should never take any loans for that. Gambling money you can't afford to lose is the worst thing you can do when you gamble. It should be written on the home page of online casinos.

Which is why it is ridiculous that he is somehow now trying to blame the casino for what is happening, casinos are there to give us some entertainment and since we live in an age in which people are given maximum freedom many people think they can do whatever they want without consequences.

But in fact all of that freedom comes with responsibilities and anyone that decides to abdicate those responsibilities is going to soon find themselves in a lot of trouble, just like what happened to this gambler.

Casinos will stay no matter what, they are allowed to operate, they pay taxes and they have gamblers who are constantly playing with them. Losing is normal to us as a gambler, however, losing an amount that is extremely high is not acceptable anymore, we are getting stupid because we can't control our emotion and it only showed how irresponsible we are, and with that, it's ourselves who should be blamed, not other people or gambling itself.

It's a pretty stupid excuse.

We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.This is actually a matter of choice and its true that gambling is for the sake of fun.
Gamblers had just different perception towards it where they do see it as a money making machine without any realizations
until the reality comes and tell to themselves that they were wrong.

Well, this is good advice before we put ourselves into an addiction. Gambling addiction is easy to manage if you can limit and control yourself, --handling such possible negative situations that may occur ahead is a good move towards how to fight addiction. I don't know why there are people who always fall into this, are they greedy because they always think and chase the money knowing that they already wiped out their money?
On another side, we are lucky enough here because we can able to educate ourselves about possible consequences that may occur and avoid them while it is early. Because when you are in a stage of addiction, it is hard to cure and perhaps due to your mental illness you will decide to commit crimes which is the worst.

This is a horrible and terrifying losses that a gambler may encounter. But I think it's no use of blaming the Casino or the institution where a person got lose that huge amount of asset because he really now already the consequences of gambling that much without a limit or a self control. I mean, this institution is just offering an entertainment, a service to those gamblers, it is also a business at the same time so this institution were not going to throw the person out of the building once it lost that amount as long as he has a money that he can use to place a bet. At the end of the day it is ourselves who are responsible to whatever the result of our action turns out.

Yes good advice from you guys, and I think it all depends on the experience and how long you have been betting and it will be getting to know yourself in gambling which allows you to control yourself and see the portion and quality before betting.
Most of the gamblers suffer big losses because they do not have enough experience and cannot know their abilities when betting what to improve and what to develop in order to become a responsible gambler and can control themselves well.
To become an expert gambler requires a long way to master yourself and gamble.

I'm not sure that losing money will make him stop gambling, I think gambling is like a person addicted to narcotics and it will be very difficult to get rid of even if he experiences considerable pain or loss, especially if he still has some money of course he will continue to try to play so that they can return every penny of the lost money, because basically everyone who loses gambling will have a grudge and also feel challenged to get his money back.

It's the same as other activities that make someone addicted. There are people that after a big loss, they stop wholly and they don't want to recover it anymore.

But as we know, many would like to recover it and that's going to be the most common reaction of a gambler if he losses a lot. A newbie gambler would take most that he has but if he's scared to lose everything that he has then he will stop. Again, it will depend to him the things that he'll do next.

Its indeed depending on someones decision and perception towards gambling because there are indeed people who do just simply quit and doesnt look back when they lost big on gambling into their first few tries as there are people who do really have these kind of reactions.
Your fate in gambling will really be depending on how you do deal with it and what are the safety measures in terms of risk once you do engage on it.
You are indeed prone to addiction which might really hook you up if you arent that sensible towards your actions.Dont ever chase losses because this is the main trigger out on initial addiction if you arent good on controlling it.

It is a mistake that many have been doing. It's hard to stop yet there are many that keep on doing it. In terms of control, those who have experienced it before will have to stop themselves.

Losing that much money will make them alert for the next moves that they do. Like the guy on the topic.

He is certainly not the first and only one who suddenly loses so much money. On the forum I have read stories of people who have lost a lot more. If you have 21k in your bank account, and you become addicted and then lose 20k, it hurts for a while. His only lesson now is to stop immediately and build a bankroll again. Then don't gamble. nowadays it is so easy to waste your money online.

When that gambler has much experience in gambling games, he will know his limits and never break them. But we know that not many gamblers can do that, especially new gamblers who will lack control in gambling games. It is not easy to manage the limit in gambling and it needs time before we can control ourselves. If they think that gambling can become a money-making machine, they are wrong and it will not take too long for them to realize what they do is wrong.

I guess that is one of the scary part about gambling addiction, as most of the gamblers who are seriously addicted to gambling will not realize their gambling addiction until they are heavily in debt, some of the gamblers might feel hopeless about their future after incurring a huge amount of money in debt and they might start to think of committing suicide as a way to end their debt problems. Even though it might be difficult to repay all the debts within a short period of time but life is precious and I believe if the gambler quit his gambling addiction and start to earn a stable income monthly, he could still start a new life and eventually clear all his debts as time passes.

Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.

If he was indeed rich, then this story would have never got published in the tabloids. The reason why this story went viral is because this guy is almost bankrupt now and he is blaming the casino for not preventing his losses. As we all know, it is ridiculous to blame the casino instead of himself. The casino can be blamed only if they had rigged some of the games. As of now, there is no evidence for any of this. It was the responsibility of the gambler to play in an accountable manner, and he couldn't do that. 

I am not sure this guy is going to get over the shock of losing such a whopping amount of money on gambling, he need close counselling, I believed in bid to recoup his losses he continue to gamble thus couldn't control his emotion and stop as a result of strong addiction, this is a wake call to gamblers who gambles blindly in a bid to become rich overnight to desist from gambling with huge amount of money but rather gamble with the amount of money they can afford to lose.

Even in this case eI don't find the story shocking or overly interesting. I bet (haha) that happens on a daily basis almost everywhere in the world. They lose control, maybe are drunk, and just go nuts. Ever been in Vegas anyone? I've been a couple of times and I saw people coming out the casinos crying. I am sure they did not only lose a few hundred bucks that night.

If you are a newbie and you know the cardinal rule of not playing with money that you can afford to lose, it will go out of the window once you tasted huge winning just when you are starting to gamble, you will not even notice that you are adding more funds to your account you have built a defense mechanism believing that you already know the game and you can get all your losses back, and it will only stop once you realize that you have nothing to put more anymore.
Some compulsive gamblers go to the extend of making a loan or sell everything that he has and some become criminal just to sustain this deadly habit.

Ohh that's a cheap shot and considered desperate on the part of the gambler.

Blaming others for the mistake that you put yourself into is definitely a sign of addiction. They will always try to rationalize their wrong actions by putting the blame into others, hoping that they could save their face and their situation.

Like what I previously mentioned, there is this so called 'gambler's cycle' wherein once you start winning or losing in a bet, you will most likely bet again until you win or recover the losses that you incurred. This is most likely the situation that happened with this person. He won, he lost, he won again, he lost and the story continues until he depleted every resources he had.

I am not sure if he can control himself from the shock of losing that much money because, realizing or not, that still big money for him and us. He must stop his gamble and not trying to recover his losses because that will be hard. Yes, he needs counselling from a pro, but that is only if he realizes that he really needs that because some gamblers do not see their problem instead of playing gambling. We really need to avoid losing that much money and always control ourselves in playing gambling.

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.
I won't ever blame the victim for any reason, casino games are very addictive and it takes the strong mind to overcome it, most of the times I have lost money on Plinko game within 5 minutes and I know how it is, the victim may get a lot of money at hand and will voe to himself to recover from previous losses, having this instinct in mind makes you lose lots of money, the only secret to win this it to stop playing when you loose about three hits in a row, and wait for another day maybe you may be lucky the next time.

We're not using our pov here though, we're using the pov of the gambler, and said gambler is blaming someone else for his loss. It's basically a hysteric at this point, one that doesn't make sense and just throws logic out the window, skewing everything to make it work for him. Besides, the mindset of actually trying to recover your losses isn't one you should have when gambling. It's for entertainment, joy, only spend what you can. I can only blame the victim if that were the case tbh.

If that gambler blames someone else for his loss, that will not make sense because that is his money, and he gambles using his own money.
Maybe he needs to change his mindset not to use too much money to gamble, so when he loses, he will not regret it or regret it but not in big money.
Stopping gambling for a while after losing a streak will be recommended because we need to reduce our tension and curiosity. And that is the way to take a break for a while and saving our money from another loss.
But unfortunately, most gamblers will not stop after losing some money and still think that the next rounds will be their chance to win.
That will only lead to another loss because he will not know what will happen in the next rounds.

I don't get why he expected the casino to call him before placing such a bet, or how in the earth was it possible for them to guess if he's going nuts and bet his whole bank account. It's pretty interesting that the casino called him the next day, if it wasn't for them, there's a slim chance that he might have suicided before the police got there.

It's simply his fault for not being able to control himself, I get it that with the pandemic and the quarantine measures you need something to blow steam off, but there are other methods to do rather than gamble such amounts of money. I'm still curious on how he deposited such an amount on his account, I mean, doesn't it take some procedure?

Experienced gamblers know how to take care of this issue, so I am not going to mention them. For the noobs and gambling addicts, the most dangerous situation is when they win two or three games at the start. Then they start to believe that it is their lucky day. Then they will lose 2-3 games and all the gains made in the previous games will be gone. At this point, anyone with some sort of experience would quit. But the addicts would refuse to admit their losses and they will gamble until every single penny is lost. 

This is just a way to protect his ego, I know it does not make sense but many people are like that, they cannot admit they made a mistake and they need to blame someone else so in their minds they still are this perfect version of themselves but that somehow were deceived by the casinos.

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.

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 :)

That man is Addicted but a small time gambler mate because there are even players that bets 20,000$ per role and that is far high compared to that 20,000 euro for the whole gambling activity.

But in small time gamblers this is a heart and soul of their gambling career.

Lol i checked my wagered total in one gambling site that i played and i already had  100k just for a single site so what more to the next 7-10 gambling site that i am playing lol.

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.

Right, I can understand if a kid complains as such but an adult saying he was deceived by a casino doesn't make sense at all. Most of the addicted gamblers are those who are struggling with finances and when they see an ad on TV, emails, messages, etc along with some kind of a free bet offer, they think there is no harm in trying it since they want to fix their financial problems. This is where it all starts and if he wins, he gets greedy while if he loses, would always want to cover his losses and lose more.

The only possible way of avoiding such fate is to gamble when with "spare funds" and make sure you are not chasing your losses because the worst part of gambling addiction is chasing your lost funds. You will 99% of the time end up losing more and stuck within a recovery syndrome.

Exactly mate I bet the world admitting your mistake is for you to move forward, learned from your mistakes and let go of what has been done. However, in case of gambling addiction I guess it really needs a treatment from a psychologist but most of all it needs a persons willingness to change his self and cure the addictions that he has on gambling. This is not an easy process, this would surely takes a lot of determination from a person who will undergo a treatment if and even if he really wanted to be treated.

You missed the intention of that last Sentence.


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.

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.

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.

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.

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.

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 :)

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

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.

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 .

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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?

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

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.

Humans are selfish in all the time period, they want to be ahead of someone who is better but they wants to achieve it in the easiest way that is where the problem begins, we might heard that "No pain No gain", so we must be ready to face the consequences if we are risking something so when someone wants to risk their money then they should be ready to lose it.

This is partly true. But gambling addiction appears in all people, both poor and rich, so the motive for getting big winnings for solving problems is not the main one. Addiction to online games is of a similar nature, but we are not talking about the fact that online game players are trying to upgrade their character and thus solve their life problems.

£20000 that's a huge sum of money how would he gamble to this point hope he doesn't commit sucide. This sum is enough to start up an investment that would possibly yield good returns in future. I wish gambling sites had a limit for gamblers so that once a gambler exceeds his or her limit it automatically logs halt all gambling activities for such persons till May be the next day.

It is normal if they think like that because they read and see some people who are playing gambling can win so much money to be like those people. They tend to play gambling because they hope that they can win that money in one day and enjoy the money for their life. But they do not think that they will not win that much money easily but they can lose all of their money before they can get big win money.

Actually it is really hard to take the advise of other people and turn it into an action when a person you're telling this advise is really a gambling addict. We have a different level of self control, some can manage to make a limitation on themselves in terms of time allotted in gambling engagement and how much amount they can afford to lose or to take risk but some also can't control themselves. And this is totally different, I mean addiction is addiction, we can't make people stop doing it unless they do it for themselves.

It wasn't appropriate for the man (Craig) who lost the money gambling in one night because the gambling firm are doing their best to prevent addiction and the last time I checked their promotion is not much to the extent of it not been fair.
If the online casino could called him to check up on him after he lost £20,000 in one night it mean they really care about their customers well being, it Craig that ought to have sought for help when he's going on the verge of addiction, not after the issue is worse.
I believe it the thought of making money through gambling that causes his addiction.

Totally agree!  :D
This sentence "I can loose too much money but i still be a responsible gambler " this is some kind of nonsense. First part and second part is contradictory to each other. If you're loosing 20k, you're not a "responsible gambler" for sure  ;D

The word you lose too much would already make you irresponsible since you did not anymore follow the principle.

The principle is very simple, gamble what you can afford to lose, so losing too much is not something you can afford anymore.
Sometimes we make simple things complicated just to justify our mistakes in gambling, but we didn't know, the more we justify it, the more the problem will grow and we will just regret it when the time comes.

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

It's all about proportion really, for a small group of rich people losing 20k would be a minor inconvenience which they could easily overcome and it would never be a news story. For this guy I have a feeling it is a life changing sum that may take several years to pay back. It might be even more expensive if he took out a loan or needs to use a loan in future where he will be paying an interest rate on top. I think there should be some sort of regulation in place that means you need to build up to such amounts, if you go from betting $10 per day, maybe you need to bet $100 the next day before it will let you bet $1000 the day after that. It would be a very simple but effective form of regulation and not overly restrictive to either the gambler or the gaming house. What needs to be stamped out is bankruptcy for this sort of reckless behavior, people shouldn't be allowed to default on loans or other credit in these situations where they have been extremely greedy.

This is absolutely true there are many or some gamblers that rely their lives by making money on gambling which is very risky. There is no such guarantee that you can be able to earn money from gambling every single day, you will be a winner sometime and a loser at the same time. As a gambler I am practicing to myself to have a very strict limitation in my time and money spend in my gambling activities also I am doing it for fun and not that seriously with heavy reason why I am doing gambling.

Many people test their luck by playing gambling games but most of them lose their money in just one chance. But that will not stop them from testing their luck in the next days because they will think that their luck will come to them the next days. The gambling games really attract and seduce them to come back to gambling and use more money to gamble.

Most people who rely on gambling do it either on sportsbooks or do it on poker. I do not know many people who rely on slots for their livelihood, that is not going to be easy to handle and I am sure most people would end up broke in few months, there is house edge there which would make sure that you end up losing all of it. Sportsbooks makes a tiny bit more sense, there is still a huge house edge there as well but at least if you are interested in the sports you would know who will win and who will lose, even sometimes get lucky.

The other day I said Hamilton will not leave Silverstone to Max and yeah there was a crash which made it easier for Hamilton to win that race, but I still won, while every book showed Max as the favourite, sometimes luck and knowledge gets together in a sportsbook and helps you earn money as well, I am quite sure poker has no house edge neither so that still works perfectly well.

You are right, years ago, when I was barely 18 years old, I went to a casino, and had some money saved, but I did not know how to bet, suddenly I bet everything I had and lost it, I felt so frustrated that I had to return home and looking for more money, all that I had and I returned to the casino to continue gambling, I lost it again.

At that moment I understood that everything I was doing was wrong, the worst thing was looking for more money to lose it, what I learned is that you should not seek revenge, then later what I did was return to the casino with another vision, and I was not looking for big profits, only small profits and that was what I was satisfied with, I think that's what it's all about, making profits even if they are few, in the end it is better to win than to lose.

Majority of people saying that you cant make a living with gambling but there are actually some people whom do able to do so and those are professional ones and this is some of people target on where

they could really do walk on the same path which I do really believe that only a few could able to sustain themselves with this risk thing like gambling where winning isn't really an assurance.

Potential loss is sky is the limit on where it could really turn you to poor from being millionaire on shortest time as possible.So you should be aware on that particular risk.

Unfortunately this is never going to work, a person that is willing to gamble away so much money will just create a new account in another casino and then keep gambling and if he is blocked on that casino as well then he will repeat this process until he losses everything that he has, people blame the casinos but people like that would have get addicted to almost anything and would have lost their money anyway, this person needs to work on his self-control otherwise this is going to happen to him again.

With this kind of severe addiction then most likely they would only stop when they had lost everything from their money until to their property or ending up on having nothing to spend on
his gambling addiction.Whats next? then this is where self realization about their mistakes that they had done and this had always been the case because people never intend nor be aware
or just simply ignoring while they are on the middle of such addiction which they can potentially save up their asses if they do able to stop out and get rid of gambling
but what happens in most case on where they do proceed on and gamble like theres no tomorrow.

For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.

But that is only 20k euro for a night mate and there are even many gamblers that spend this amount in single bet. so i think there are no much issue in this matter? it is just the involved is feeling badly on that amount lost.
Casino in this attitude is really caring for their gamblers but it doesn't mean that this is an over lose because 20k or even 40k in one night is a normal losing for a regular high roller gambler.
check big gambling site that has been advertised in this forum mate and you can find single bet amounting 20,000 dollars normally so that is not greediness but a seeking for a win in his own way.

But we don't have the same thinking as him, just as what happened. He became addicted to gambling and we can understand his situation that those who became addicted recently, they're more for the risk and they're more for the profit and they won't think that it's going to be ending with a bad result. What's bad is that if he hasn't recovered yet he still pursues his addiction and that's hard to stop.

I think setting limit to the time and money one spends on Gambling is the best way to avoid spending much on it. Some people take gambling as a means of earning a living, and they end up getting addicted. And some gambling addicts go into borrowing money to gamble with the intention of recovering their losses. When one eventually get addicted to gambling, breaking from it is not always easy, it requires time and determination.

I understand that the money he lost in a single is bigger than his budget while it is the amount some people spent on a single bet and I also understand that he's feeling bad for going to the extent of requiring a loan from people so that he could make another bet but what I don't support is the lame excuses he's making about casinos because he has lost all his money right from the beginning he sees gambling as a way for him to make money during the total lockdown.

You would think that losing so much money will lead someone to the realization that they are doing something wrong and that they need to change it, and despite all of this this is not the case, the article mentions that the person that lost this much money is unhappy with the casinos because they should have stopped him from gambling all his money away, which is a ridiculous notion because every single person is responsible for their money and if he didn't want to lose so much of it then he should not have risk that amount of money against the casino in the first place.

Sometimes when we do something very good and challenging (especially for those who are addicted), we will not feel suddenly we have spent too long or even money too much. And we just realized when we had lost a lot. It would be one of the dangers of Gambling Addictions, where we did not have control of ourselves and our money. This often happens, even in the world of offline gambling, this often happens, even they still play gambling by owing the opponent or broker at that time. And when they have nothing but still can't control themselves for gambling, they will eventually do various criminals.

So for those who are aware of this and the danger and want to admit it and want to fix it, we should have to help him, especially in psychology so he wants to open himself and control himself.

And so sorry to hear this bad news from the man.

There have been a lot of studies about it and it is known that when you're having fun time seems to fly and you do not realize that you have been having fun for so long, this is why it is important to keep track of all our activities so this does not happen to us, after all I enjoy gambling from time to time and there is nothing wrong with that but it is important to set limits not only in the amount of money that you spend each week or month in this hobby, but you also need to keep track of the time that you are investing in it so this does not happen to you.

This is what is happening to most of the gamblers that is why we all them as irresponsible gamblers.

They are spending money way more than what they can afford to lose on gambling thus, they are becoming irresponsible and sometimes they are getting addicted into it because they are times that they want to recover the money that they lose. I agree with what you said that the more you lose, the more you addicted into it. If you know what your limits then you will not put yourself into a point where you will lose all of your money.

Well, it is what it is. People wants money that is why they are willing to spend more just to have more money :X.

He can build a small gambling business with that amount and instead of him gambling he will let others to gamble in his casino while he only sit there and collect cash . depends of the person if this guy is first time to gamble this high then he is no doubt a Verry greedy person but if he is used to this then I don't think the term will fit in him . Also not all are going to commit suicide so don't worry too much  .

but he regrets this the rest of his life , meaning he is also a small time gambler who only tries his chance of a lifetime but failed . maybe this will be remembered all the moment of his precious life how he managed to lose a amount in which can change his life for goodness if chooses the right decision.

Unfortunately, addiction does just that. There are no limits for an addicted person. As in this case, people go into debt as long as they can, because they still believe that there will be a big win that will allow them to pay off all their debt. Unfortunately, this is not happening in most cases. The only way out is, as this guy did, admit that you are addicted and seek help from specialists.

I guess he does not realize using that big money and still uses that money to gamble because if he is aware, he will not spend too much money playing gambling. Using too much money as that, of course, gives him a big risk of losing the money, especially in gambling because we do not know when we can win or lose. It is a good lesson for us not to use too big money while we can build a new business that can give us profit in the future.

you wont realize it if you start small and gradually increase or deposit more because what your only thinking is how can you recover your previous losses but if you start with a huge amount its impossible to not notice it but some people are not business minded  .
they dont like to commit a hard work or dont like to wait for the result but they only gamble because they think it was more easier and faster .

Don't think so, I am pretty sure that someone who gambles are sober enough to know that the money that they spend on gambling is pretty big and they know that what they're doing is right. If you have the money to lose that much amount, I think it's pretty alright for them to spend it plus it's not like those people who spend money on gambling is always poor.

In the first place, A poor will never gamble with that huge amount of money because it's very hard for them to earn that much money. It's either you are right about the person lose still has a lot of money on his purse or the person is just bet his life savings for a fortune just like what Mansour Bahrami did when he lost all his money at one night on gambling.

They've been trap in the mindset and urges that if they tried to play again for another chance they will get back the amount that they lost. Trying their luck and lucky time came they win at first and then trying again believing that they will gonna win again but all the amount that they brought on the gambling site losted again and worst they fell into debt, additional debt. I think I saw this kind of scenario in the movies but I know this is happened in the real life situation. I felt bad to those being trapped with this.

one of the biggest problems in these cases is that even when the person is always complaining and then the person overcomes this problem and starts to take care of their life away from gambling, someone will always appear who will be condemning you for having lost a lot of money, even when many years pass there will always be someone who complains and condemns the person who lost a lot of money in games of chance, this is because to buy anything you need to have money and the trend is that the less money the person does not have people always remember the day you had a lot of money and lost. Is a cycle that never ends well

and most of the scenes in the movies are based on true stories that occur in the field.  addicts are caught in a loop of deception that makes them think they will always win, they forget that they have run out of money or have excess time playing gambling but keep playing because of that greed.  debt in gambling is a stupid act because it will definitely be difficult to pay, sad for those trapped in the debt.

There are lot of other useful things we can do with what we are spending in gambling but while gambling you will ever realize this fact which is the reason why you are spending all your hard earned money in gambling in quicker manner. I am sure this kind of lessons have been shared in this community for more than one hundred times still people are committing same kind of mistakes again and again which means people will never learn anything out of this forum but each and everyone coming up with their own lessons for others and that too after losing big bankroll.

For rich people then this wont really be a big issue but for those who do have only average income or finance status then that would really be a regrettable things in life.

This is why if you dont like to fucked up yourself then you should be aware on the risk about gambling addiction.You shouldnt tolerate on what you do have in mind.

Gambling is for entertainment and never intend to make it as a source of income because if you do then you would surely be having problems later on.

Everyone has a different level of financial. and sometimes the problem is someone over do it than his limit. the most important thing is to be able to restrain yourself and know your own  limits and financial, self control is the most important thing. because when the money is in hand no one can control our own desires other than ourselves. do not equate financial level with others because it will definitely be different.

Being rich is not an excuse to get addicted in gambling because there are so many rich people and their stories about becoming poor again because of gambling so this might also happen if you didn’t control yourself. Losing millions of money in gambling is already alarming and a sign of addiction to me, better to get off and start analyzing your gambling activities before you continue.

If they do not like hard work and only expect to make money from gambling, they only dream about that because all of us need to work hard to achieve what we want. But playing gambling for making money will not be a solution for them even if they add more money to tried to recover their losses. But I do not deny that some people can recover their losses, even winning a lot of money from gambling. But not many of them will have big luck in gambling.

I guess they will think that what they did is right because they do not ask about the other opinion how if they do that. But if they try to ask others, they will see that what they did is wrong and they will only lose that money. Yes, they are sober about playing gambling, but their minds seem closed by the passion for winning much money. That is why we might see other people lose some big money from gambling without getting a chance to recover.

I think they already learned much from these stories, but that does not make them always realize what they did in gambling. So that makes them continue playing gambling and pretend that someday, that will be their time to win much money. It is worth keeping our hard earned money for our life instead of using it for playing gambling, which does not guarantee us to win the money. We really need to take care of our money and if somehow we want to play gambling, we must remember knowing how much money we want to spend.

it doesnt matter how much you lost in gambling but on how you can accept that losses , there always big and bigger losses time after time.
everyone are indeed cannot get away from it especially when you do it online and nobody can cheer you up directly,  a deep thinking to feel regret etc is just normal as a human nature.
a man can lost 20 million dollar at a single bet and feel just okay if he knows the risk and be wise.
but a man can be so desperate and giving up on his life with a loss of $500. so the thing is that gambling must be done responsibly. doing it alone are not advised.

No, he won't regret that for the rest of his life. He will regret it temporarily but he won't bring that forever, he might bring that for a long time but I doubt that he's going to regret that forever.
He's going to remember how reckless he was and that's for sure.

That's just money, you can earn money but if you lose your health because you can't live a normal life anymore, that's bigger than the money you lose. Losing big money is not good, but we can always move on and live our life, try to improve our life financially by working hard, and be positive going forward.

There are gamblers who lose a lot of money due to addiction, but eventually, they beat the addiction and live a normal life, some people even still able to return in gambling but more responsible.

Agree, maybe from the perspective of outsiders like us and reading information from different countries, this amount can be a very large number but let's take the stance of one person going to work in high-income developed countries, the money this man is losing can only be a few years of savings and he will never forgive himself and never gamble again. Such a lesson will help a man grow up and know how to work hard to earn money, the fact that he loses so little and stays so long gambling, sometimes it will be worse than the money he is losing right now

Getting addicted to gambling is very bad. I wondered how this man would lose such huge Amount in one night. He will definitely regret this for the rest of his life. He  probably wanted to win big, but ended up losing £20,000. Gambling without setting your limit always result to losing huge funds. I pray he survive this, because it may lead to him committing suicide. Is not good when one eventually make gambling a mean of making money. It leads to gambling addiction.

I won't say "that's just money". We don't know how he worked hard for that but it's also his fault for gambling that amount within a quick time frame.
The impact mentally that it has given will be there but if he wants to recover, he shouldn't let that disappoint put him into that situation forever since there's still a way to recover it through working and other legitimate means.

To be objective, this amount is not critical for developed countries. In fact, this is income for 5-6 months (I can be wrong, but not much). Therefore, I would agree with the statement that it is just money. They can be earned again. And by the way, everyone who, for example, did not buy Bitcoin or Ethereum cheaply has potentially lost much more  ;D :'(

If you like to see gambling streamers like ayezee. Xposed , trainwreck and many other streamers in gambling . I think 10k-50k its pretty normal for high roller gambling. I don't know who lost this 20k and how his finances are. Everyone has a different way of looking at the cost of gambling. agree with KTCchampions . number its objective.

You have the point but I'm detailing about the pointer about that "it's just money". Well, with such amount, if you're okay to lose 5-6 months of your income within a single night within a few minutes, that's still would hurt you. But you have to carry that on and just move on after wards and it's true that you can earn that again.

Once I started a business and worked quite hard (at first things were going well) but after a year of work I had to close it and I realized that I have as much as I had when I opened this business. Thus, you can say that I lost a whole year  :)
And this is true, in fact, such a loss is not much different from a quick loss in a casino. By the way, I can't say that I really regret it - in order to succeed, we must take risks and temporary losses are inevitable. Perhaps that player reasoned in a similar way, another thing is that a casino is not the best place to give fate a chance since having received a win in a casino, you have nothing but money, but in the case of a business, if you are lucky you get a system that will be guaranteed to bring you income for a long time.

The annual salary will be around £ 30,000 and loosing £20,000 is a huge amount in any developed country and even if you have a good bank balance it can derail your plans. What you are saying is not even hypothetical, how can someone loose anything if they did not even invest to begin with, what kind of logic is that and no one will calculate their profit loss percentage like that  :D.
  

If we count from the annual salary, of course, this is a big amount.
But, if those are those who are often gambling in huge amounts, win and lose several times, it may be usual for them.
however, whatever condition of the gambler that lost that high amount, I think that losing that big amount is very a pity, maybe he thinks he will immediately get his luck and multiply his money. But what happens otherwise, actually loses that much money.

Ez  ;D
For example, in the era of ICO, many participants in this forum received tens of thousands of dollars for performing simple actions or for wearing a signature. How could you lose this easy money? Sometimes it was an exit from an asset at the wrong time, sometimes on the contrary - you remained in the asset and it became very cheap. This happened to me several times, so I do not look back (take care of my psyche)  ;) but the fact remains - potentially I lost a huge amount of money.
When I wrote that message, I kept this script in my head, so maybe you did not understand me.

What happens is that a great deal of the people are in self-denial, they want to think of themselves as responsible gamblers but when you actually ask them what is what they do to be considered to be a responsible gambler they do not really have an answer for it, they want to be recognized as one but they do not make any effort in order to reach that goal, which means that they lose way more money than what they should, but since they do not keep track of that money at all then they like to think that everything is under control when in fact they are just one step away of losing complete control over their gambling.

When it comes to financial status then everyone would really be different into that manner which simply means that we do have different allocation or percentage that we do make use in gambling activity.
It might turns out to be that big amount for most people but there are people whom do treat those amounts to be small until they do hit up into a point on where big money is already lossing which
majority could really give out negative sentiments about on what they had experience but actually its none of our business on how much a person could spend into their gambling
because its their money to burnt out even though its just really a waste to think of about those money being wasted but just let them be.

Well, he got out of control and just caught up on what emotion he feels on that moment. The only reason is that he thinks he can get it if he chase the losses but it's undeniable that if we chase losses the more we get it, it's like we are in law of attraction moment. That is a huge amount to be honest and he can't get it in a monthly salary yet he risks it in one day, a pity one. This is just an eye opener to everyone and that's just an expensive lesson he must take.

Of course it's not just money, 20.000 pounds is at least 2-3 years of work here, taking into account the difference in wages between countries. It's a huge amount of money to lose in just night, it's more than 1/2 of the average annual salary in the UK.

I find it ridiculous that someone risked so much money in gambling.

He is not guided and has no control of himself he is like a timebomb waiting to explode, this is what usually happens if you won a big amount of money on your first try playing, you thought it's all easy and you just need a big bankroll, this is what a guy told me that I always regain my losses by using a martingale strategy, which old gamers know that cannot be trusted, always do your research if one guy told you a strategy to win in gambling.

That doesn't go that way all the time, for some, even if they are already experienced in gambling but they still make big mistakes. I read some article before that a man working in a big company with a high position has slowly stolen money from the company because of gambling, it was only found out when there's an audit, so anyone could really make mistakes but anyone who makes mistake should take responsibility and be a man.

This is not a matter of addiction or what so ever. This is gambling and anything can happen anytime, even that most successful gamblers do make loses cause everyday is not meant to be rosy. There would be good days and bad days. We never know how much he had made from gambling, so for the fact that he lost such an exorbitant amount of funds makes some persons to over think claiming gambling is evil, full with a lots if bad addictions which is never true.

 Everything is controllable except if there is an external forces acting on the person. Rich gamblers do gamble with big funds and when they lose, they will humbly leave cause they Know that tomorrow might be much more better.

I failed to get into your head to understand the script  :D. Everyone had those times when your coins rallies 1000% and you kept holding them longer thinking that it will rally further and then the market taking everything you think you made down the drain making it worthless. This is an experience everyone had during the ICO hype and i also went through the same feeling as yours and i am sure many went through that, but truth is i made my profits but failed to book huge profits in some of the hyped up projects in time, but if i started thinking as potential amount i might have gone through depression  ;D.

Exactly it will depend on the financial status of everyone who plays gambling at all. And we may be different.
However, in this case, Is it true that someone who is rich (or that man) is used to or not a problem when losing money like that much in gambling?

Yes, this case really shows us how money and risk management are very important, plus good emotion when gambling. gambling may be fair enough when we know how to gamble wisely and smartly, not only gambling and spending money. From this case, we can see how he might make a mistake, tempted by very high desire, and very high expectation without abling to manage the strategy.

You are right, but the point is to know and have the conviction to withdraw from the game on time, but when it is with the effects of alcohol while playing the brain usually transforms into superman, that is why certain conditions must be met to withdraw from the game on time. I play with losses that are not so great.

The bad thing is when he is in a bad streak, the player if he does not have enough self-control, he does not know when he can stop playing, and this is linked to the personality type, because at one point the player forgets the value of money, since he only wants is to win and win, he does not measure consequences, at that moment is when he goes into addiction.

In my opinion on both good and bad streaks, gamblers usually do lose self-control. Because, both positive and negative rolls will disturb the balance of emotions of gamblers and when gamblers start losing their control over emotions then they start taking worst decisions like adding more funds to bankroll and then increasing bet amount randomly and then forgetting to generate new paring-seed.

I have seen gamblers lose in thousands on each round still they were in hurry to win so that they believe that they could recover all the losses and may leave the casino with profits. On one occasion, a friend of gambler was trying to understand the worst current situation of gambling, but that gambler refused to listen to his words and followed his own intuitions and lost all his money.

Having no control will be his mistake as he does not realize that using more money only leads him to get more losses, which proves that he is losing so much money.
If he can think to stop gambling right after he wins much money from gambling, he will have a chance to enjoy the money and not return to gambling for some time.
But the greediness somehow attracts him to chase the next winning that he can not get instead of getting more losses and losing all of the money.
Recovering the losses will be the difficult thing the gamblers can do because I doubt he can win back all of his money.

I disagree here. I just googled and according to the internet the average wage for the UK was 29.000 pounds back in 2018 and that was before taxes! So this should be probably around 20k pounds after taxes. So this loss was basically exactly worth one year of wages after taxes for the average british worker. So if we assume that most people also have to pay rent or have to pay back a loan for their house or flat that they own than i would say, it is pretty hard for the average guy to put aside 20k pounds if you have that many running costs each and every months. So i would say that for the average person even in first world countries it is definitely critical to lose 20k pounds in one night. Maybe not in a way that your life is over and you have to sell everything you own but in a way that you need a few years at least to recover from that.

The biggest mistake of every gambler is to chase losses because almost majority of them only lose more than winning , because gambling must be treated with moderation and not just risking everything for the sake of 1 day winning .
Greediness , the attitude that always makes a person loser and addicted.

you want to win in gambling? then learn to limit your expectation and desire first.

Greed dominates bad behavior that is difficult to control for gambling addicts, there is no instant way to stop greedy behavior but you stop gambling activities temporarily so that you can control your brain and lust.

that is the problem for the mentioned person because that 20k euro amount seems like his Lifetime funds but he decides to gamble and that means stupidity right?

then the problem is why it looks like people are concern about his stupid idea when he losses, but no one will care if he wins.

this story has just been exaggerated but the truth is this is just like many gambling addict experience and story.

This is something that happens a lot, a person thinks that they have figured out how to make money at gambling and they decide to keep doing it just because they expect to get benefits out of it instead of doing it because they are obtaining entertainment, and this can be a very difficult spot to be in because as soon as your luck begins to turn against you then anxiety is going to begin to creep in and you are bound to make mistakes, and then when you lose money you are going to want to recover it and you are going to take unacceptable risks in order to do so.

When you can use gambling moderately, you will not get a big loss. Chasing your losses will only give you more loss and that means you can not gambling with control instead use your money to recover the losses.
We should treat gambling as it was so we do not lose too much money and know when our time is enough to play gambling.

When your purpose playing gambling is because wanting to win the games, you will not have a big chance to win.
You will get more and more losses, especially if you have greediness to chasing the next winning.
I agree about learning how to use the limit so we do not have a big hope to win, although many people will always want to win from gambling.

Hmm ... maybe I don't have a good enough estimate of the average income of the British, okay. But from your calculations it turns out that this gambler clearly does not belong to the class of ordinary workers, because despite the current expenses, the high cost of living, etc. he had vacant £ 20k to lose overnight at the casino, right? Accordingly, I can assume that this loss was not critical for him.

In the article it is stated that he lost a total of £40k pounds of which £10k came from borrowing from friends, family and banks, the rest came from a property that he had sold, so fortunately for him he's not so heavily indebted and even if he has an average job he should be able to bounce back as long as he doesn't make another mistake, however losing so much money in one single night even for a reasonably wealthy person is is still incredibly painful.

There's always a way for a problem to be solved but you should first solved out your addiction on where you wouldnt really play for a while and focusing on repaying those debts and since you do have some work

and some businesses then you might able to resolve it in no time.Its just a matter of dedication and seriousness of quitting gambling and fixed everything that had been mainly affected by such mistake

that you had done in the past.It might sound easy but its not since its neither you would able to get away or get rid with the addiction or would fail to do so.

This may sound harsh, but sometimes heavy financial losses are necessary to wean off gambling addicts from this habit. Hopefully he has learnt the lesson, and will never again involve himself with such behavior. And as you mentioned, it is not a life-threatening amount. The article also states that he has managed to kick the habit, after getting himself treated Cardiff-based at the Footsteps to Recovery institution. So eventually, this loss did something good to him. If he hasn't lost this amount, would he agree to the treatment?

If that person has an addiction to gambling and other problems that can make him in trouble, he needs to solve his gambling problem as he can play more to distract the other problem that come to him. I agree that it is just a matter of seriousness for him not to playing gambling forever and that can happen if only he realizes that gambling can not make him happy instead of giving the other problem.

Getting rid of the addiction will not be easy, especially if he is heavy addicted to gambling and that will be more difficult if he does not have other people who can support him to get out from the addiction. If he can solve his gambling addiction, he will get the other way to solve the other problem.

At least there will always be good things after suffering and I think that treatment only happened because he had a big loss. That is, if he does not suffer a major defeat then it is unlikely that treatment will be possible, because the treatment he is doing is only for a recovery, perhaps because he is not ready for the defeat. Well, this incident can at least give a lesson to many people as well and not only for himself, having a lot of money doesn't mean we can spend it quickly because in gambling we have to be aware of the time to stop even though we still have money in our pockets.

Severe addiction to anything needs to be considered as mental disease. However the majority of the gamblers doesn't believe that gambling addiction needs treatment and by the time they take help, it is too late. Early diagnosis and treatment can save the gambler from complete financial ruin. A lot of people say that it is the duty of the casinos (both online and offline varieties) to help such people. But I disagree. There is nothing that the casinos can do about it, if the individual himself refuses help.

It's never a pity to me cause he might lost more than such amount of money and also gained more that is greater than what he had lost. We have investors gamblers who can gamble with more $50k and even more without shaking or having phobia of losing their funds because they'll have what it takes. I have someone that gambled with $1m and make more than $3m just within few hours.

In gambling anything is possible and there are instance where people gamble with what they have hoping to win big and that needs to stop and if people are that stupid they need treatment.

Loosing £20,000 in a minute is not a huge deal when you are gambling online and the instance here is that someone lost money due to his addiction and so is the reason this topic even started and everyone is discussing about how to deal with situation like these and it is time that we lock this thread  ;D.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This is true! Minding off such thing is not part of their vocabulary but instead they would just mind that as long they do have money into their pockets to spend they would surely continue to play gambling..

When we do talk about potential losses on gambling field then it would be sky is the limit and this is where people should really watch out because if you dont mind about the risk then possible losses

will really be that a major problem into your life not only affecting finances but also affecting your relationship into your loved ones.So better be careful and watchful.

This is too much addiction and should address the right way because if all of this negative things are into that gambler, he might be on a suicide attempt. Losing such money is already a big problem especially if you just borrow that funds, addictions is not good at all this is one of the enemy of every gambler and fortunately most of the gamblers knows what to do for them not to get addict, we have to do everything not to fall on this gambling trap.

It is, in the first place, borrowing money just to gamble is never a good idea, unless you operate a gambling site where most likely you'll be profitable in the long run. This is gambling where we don't have the advantage, so we should be realistic and stick with the principle of not risking money more than we can afford to lose.

If one can afford to lose £20,000 in one night, then it should not be a problem for him, but for the majority of the gamblers, £20,000 is just too much to lose, some will have to pay it for the rest of their lives due to one-night mistake.

To me it doesn't sound harsh at all, that is just life, I have always preferred to learn from the mistakes of others as it is easier and let's be honest it is cheaper as well, however sometimes we need to make our own mistakes and unfortunately those mistakes can be very costly, not only in terms of money but in terms of the time, energy and even the relationships that we lose, however those are the lessons that we learn by heart because the next time that something like that happens to us we are going to remember all of what we lost and we're going to do everything in our power to stay away from that situation.

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

Look... I confess that I would never have imagined that a person could become addicted to gambling!!!
Unfortunately, that's too much is dangerous!

But I believe that for everything we have a solution.
The best way is to talk to someone in your family (or a trusted person) to be able to give you support and help to get out of this addiction!

Talking about potential losses then this would vary on your financial capacity and it would be sky is the limit.As long you do have the  funds  then  potential losses could really be high or  way more than you can afford to  lose.

It is depending  on how you do  handle your finances  because some are having severe  addiction which would cause an impulsive kind of act towards gambling which in resulting to
big losses.

Don't  try  to chase  it because it would  be the biggest mistake  that you would ever do.

And what about the people who go into debt chasing their loses. It is no longer just savings or family money. Nowadays it is very easy to get loans, you can even get an instant loan with your cell phone. In that case, you could be paying for years for one night's mistake of gambling too much.

This high risk gambling can actually go any length to satisfy their quest and they easily feel attacked if you try preaching excessively about gambling addiction. But how long will we continue to lose our people to the cold hands of gambling addiction? I wonder most times if there was a permanent solution to this so our gambling will just remain as a fun quest and not a die-hard get rich quick adventure that has silenced the existence of so many.

If we talk about gambling problems there will be no end as long as there is a gambling industry there will definitely be new issues to discuss which will never end and the advice given will be no different.
what must be done is self-awareness because he himself felt it before and after becoming an addict and what must be done must be aware before torturing himself for losing a lot of money and even causing bankruptcy.
self-awareness is the most effective way compared to the help of family, friends, lover or anyone because they only help in a simple or motivating way, he who knows and feels it then he plays a big role in healing and also does not blame the company or others.

this happens!
its much easier to build something than to destroy it
sometimes you can destroy years of building with 1 simple action.

we always have to be alert

if someone has the tendency to go too deep on something and have a hard time with emotional control they're probably better avoiding gambling.

You can actually able to observed yourself when you are already doing something which is already out of your budget specially in finances when you do play gambling.
We do have our own common sense and awareness on whats happening to us but those addicted gamblers are surely aware on whats happening but they do just ignore out and proceed without any caution
or thinking off about possible addiction and when problem rose up then thats the time they do have some regrets that they shouldnt have gambled in the first place if they knew that they would
be experiencing those unfortunate events.

Maybe the meaning is more easily destroying something than building or maintaining it.
And this is true, not only in gambling but almost in every all aspect of life, moreover about reputation, business, and others.
Well, this may be also because of the excessive desire to get something, too confident, and also bet without considering the adverse effect.
Sometimes someone becomes not too aware when it has been blinded by excessive desires.

Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

It is our emotion that are putting us in both, good or bad situation.

But if it's uncontrollable and you're facing the consequence of not controlling it, you're going to have that bad results because you cannot control it and it gives you the sensation that you have to keep going.

Guys... I was thinking to myself and I had this doubt.

Could someone tell me how is the treatment for a person addicted to gambling?
Is it something similar to an alcohol or drug addict? Or something like that?

Could someone explain to me!!?

Thanks!

It depends on the level of addiction. You need to consult a doctor (in my case psychiatrist) to evaluate your problem and make an assessment. They also prescribe a medication if necessary.

Though sometimes a family's presence and advices are enough to refrain yourself in playing gambling games. Why are you doubting yourself?

Sometimes continuing to gamble after a losing streak can be a good return, but the danger is that when we can't get those wins we will of course end up in bankruptcy. I think things like realizing stop time is still a tough thing, because in the game we are the only people who can control ourselves from the game we play, and therefore also giving up time to stop and come back tomorrow is something which is difficult if we are not disciplined.

Chasing after losses is in basic human behavior. Only the most experienced gamblers will be able to overcome it. Even I have made this mistake, in my early days. If someone sticks to strict daily limits on gambling, then these issues will never arise. But unfortunately, most of the gamblers are not that organized. I was fortunate to avoid huge losses in my gambling history, but I know a lot of people who suffered them. It is a part of life in gambling. When you win, someone else is losing on the other side.

I think the treatment will be building a new mind for him and trying to eradicate the addiction by giving him a new activity that must not be related to gambling so his mind can distract to think about gambling.
Maybe make him busy with the new thing can help his mind to focus on that new thing so he will not think about gambling anymore.
It could be similar to treating an alcohol or drug addict, but the difference is that a person addicted to gambling is not sick in his body and needs to change his mind.
But for the best answer, you can visit a psychiatrist who knows how to treat the addicted person to gambling.

Hmm, about your comments, I was able to conclude that a gambling addict is something similar to a drugs addict and the treatment can be similar.

I still believe that the addict can undergo psychotherapy and go to a psychiatrist to improve their results and get out of this addiction!!

It is almost similar but I believe there is a difference between drugs and gambling addicts so the treatment will not be too different.
But the difference maybe is about if they become heavily addicted because if you are drug-addicted, you risk your life and cause death.
Hopefully, the addicted people can realize that they need to change their life for the better.
Everyone deserves a second chance but that will only be for people who really want to change.

So glad you now managed to avoid huge losses seems that you applied the learning that you've learned from your past experienced mate. Chasing after losses was also a reason why some or many of the gamblers fall for huge loses. And even the well-experienced or well-skilled gambler couldn't make a good game favor to him in just a first attempt. I said this in refer to my own experience because I do made chase after losses too and in the end I have just commit a much more losses but now I learned the best lesson for myself whenever I gamble and that is to have a proper self-limitation in everything I do especially in gambling.

People know the risk and still try because it is called gambling and they are well aware that it is a game of chance which they have misinterpreted to call luck, and they always tend to believe that are lucky and whenever they are feeling lucky, they always want to play and try out their luck as well.

Also, just like other vices legal and illegal, people are well aware of the negative effects even before they try or start it. As a matter of fact, they have accepted it, so they don't care.

Others just like to hide behind the saying "No risk, No reward".

You'll never know if you have your luck with you as you continue after having a losing streak. Well, you'll never know if you won't try.

The risk in gambling are everywhere, from the bets and as well as if you're going to continue or not.

I have not been subject to that kind of treatment but the treatment is very similar, after all even if you are not addicted to a controlled substance, since those that are addicted to gambling are addicted to an activity, it is known that the activity itself creates in your brain some of the very same chemical compounds found in illegal drugs, so chemically speaking there is no difference between being addicted to the substance and being addicted to an activity that causes the substance to appear naturally within the body.

I am not sure whether I could agree to this. Drug addition is different. When you are using a certain drug, such as heroin or fentanyl for a long time and if suddenly you stop using it, then you may undergo withdrawal symptoms. In many cases, this may be violent. Now the withdrawal symptoms for drugs, alcohol.etc are physical. On the other hand, gambling addiction is something that is mental. That is why you need to consult a general physician for drug addiction, and a psychiatrist on the other hand for gambling addiction.

Yes, I believe that's what I thought.
I imagine there is not a big difference in a person addicted to gambling than a person addicted in drugs. Of course, each treatment has its peculiarities, but generally speaking, the treatment can be a little bit similar.

Exactly, that's what I thought (and commented) right above. I believe the treatment can be similar.
Anyway, I also believe that everything in life needs to have a limit, from recreational drug use (this is not an apology for drug use and I don't have problems with people who use it), video games, alcohol, because of everything in excessive could be harmful to himself in the future.

When at that point logic and rationality is the least of a gambler's concern. Gambler's fallacy is at play here when they assume that they will win the next run when all of it is purely based on chance or immense skill. I believe the same happened for this man which caused him to incur multiple losses that amounted to £20000 in one night. Yet this may still be tad-bit off from addiction assuming that this hasn't been happening in the past. Still, it is no excuse to not consult a professional health practitioner to give him some important guidance and advice. Most of the time it's not the hype or the enjoyment that pushes a gambler to play more but the pressure of last game's results. Say he won the initial run, he would want to spend more in order to accumulate more wins instead of calling it quits and going home with his victory. The same could be the case for if he loses the initial run.

Basically, addiction globally is obsessive behavior towards something that causes dependence
some developed countries provide free counseling services for those who are addicted to alcohol, drugs, sex, gadgets, gambling, and work

Healing using hypnotherapy is quite effective in reducing gambling addiction, many psychiatrists have mastered this

but if you live in a poor or developing country, you should use private funds to cure your gambling addiction. so try to master your desire when gambling so you don't experience losing £20,000 in one night :D

Why call it addiction if it was 20k in one night, that sounds like someone who just had a compulsion where as addiction is returning many times to something no longer even enjoyed especially.    I'm not sure the company is especially wrong for allowing someone to gamble, its not like its impossible to spend 20k in one night if you like.   People always state these cases in exclusion but I presume its a pattern of behavior that would exist even without gambling, maybe Im assuming too much but I dont think this is the one vulnerability they have in life and somehow a particular company found how to target it.
     The only thing I can think of is new customers could be restricted in spending perhaps but some new people are also millionaires and 20k is nothing to them, its harder to categorize exactly.   I've known people who could lose 20k and be in a bad mood for about a day and then its whatever because they also spend 20k on a watch or a car.    There is a demo mode on slots that I know of, they let you gamble win or lose and its not altering a real balance.   Its a learner mode, people choose to spend so do we let people have free will or not.

Right he just lost his nerves obviously if he never before gambled or he was very drunk. Still he obviously had two good credit cards? How else would he find himself indebted so much? If he just used money of his account he obviously had a money or he was given credit line by his bank, which would still be a bit unusual because a bank probably doesn't grant a player a credit line that massive. To me it feels like that is still not an amount that is worth suicide. There are people losing much much more than that.

And generally, I don't think it is unusual to play those stakes. Look at the high stakes guys on Pokerstars, why should a gambling service company get suspicious if someone deposits a couple of thousand?

Yep, you are correct to say that.
Unfortunately, for those who do not live in a developed country or do not have a good health insurance plan, chances are they will not be able to heal the habit.

I conducted a quick search about this topic and found that one of the most common addictions in the world (generally speaking) is addiction to tobacco (cigarettes, cigars and others), and addiction to alcohol.

One of the most common ways to heal of this addiction is the use of proper medications and psychotherapies. (of course there are specific cases)
By the way, I never imagined that hypnotherapy could help with the treatment.

I don't know whether medications will be useful against addiction. In most cases, the individual needs to control his urges. That said, I have seen people using nicotine-based chewing gums to reduce withdrawal symptoms for tobacco (don't know about any such substance available to combat alcohol addiction). First of all, the individual needs to understand that it is beneficial for him to stay away from the habit. If he is unsupportive, then I am not sure how all these treatments and counseling can be helpful.

So, I believe that the treatment to be effective, several factors need to be analyzed.

If the person ingests some medications and performs some kind of psychological follow-up, there are great chances that the person will quit the addiction (but this is relative and varies from person to person)

But the main factor for the person to get out of addiction is his willpower it!

Lately gambling sites has increased their advert rates and also added so many enticing offers that could make even non-gamblers want to risk their funds without knowing it's a game of chance and luck. I believe he must have been a victim of one of this numerous hypes and maybe he must have been told that it's a sure odd and his greed and ego liured him into risking such a huge amount.

Well.. medical technology has progressed a lot, and so what you are saying maybe correct. I was thinking that addiction is mostly a mental thing, and therefore medicines may be of limited usage. Anyway, since we have medications for depression and mood swings, it will not surprise me if we have effective medicines to deal with addiction as well. I just want the addicts to get treated, before they do damage to themselves and to their loved ones. I personally know a few such tragic cases in my neighborhood.

There is nothing as hype with gambling sites, because people are well aware about the consequences of gambling. For some it brings in money, looking the same everyone shouldn't expect the same to happen for them. As it has the ability to multiply the money involved, people will continue to participate even after continued losses.