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Economy => Gambling discussion => Topic started by: Fivestar4everMVP on March 23, 2024, 09:35:56 AM



Title: Gambling until you go totally broke
Post by: Fivestar4everMVP on March 23, 2024, 09:35:56 AM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?


Title: Re: Gambling until you go totally broke
Post by: Davidvictorson on March 23, 2024, 09:53:42 AM
...but he didn't know what came over him
This right here is a first sign of gambling addiction. The irresistible urge to satisfy the gambling urge. Ruminating about gambling.
Quote
...he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him
,
This is the second sign of gambling addiction - chasing one's losses. He lost the first game and thought he could recover the lost funds if he tried another game. And he lost chasing a loss.
 
Quote
...he has nothing to fall back on for the few days remaining before he gets his salary for the month of March
.
This is always the reality after the loss. They recognized their lack of  sustenance.
Quote
...but out of pity, I later lended him $20.
You are such a a nice guy. If I were the one, a single cent will not go to him. You may have ended up reinforcing the behavior.


Title: Re: Gambling until you go totally broke
Post by: mindrust on March 23, 2024, 09:55:47 AM
I have no sympathy for those losers. Had he won, he wouldn’t have talked to you. You would be the last guy in his mind when he was spending them profits. When they lose, suddenly you become his best buddy. Fuck him. Just leave him be or feed him with the generic crap like “sorry mate you deserved better in life I hope everything will be great in the future”  If you try to fix somebody who doesn’t wanna get fixed, you’ll end up broken like him.


Title: Re: Gambling until you go totally broke
Post by: Oshosondy on March 23, 2024, 09:59:51 AM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
It has happened to me before several times which means I was addicted. If it happens just ones and the person learn his lesson and stop the stupid gambling habit, he is not addicted. But if he continues, it means he is an addict. It is possible that his close friends borrowed him money already or they know he is using his money to gamble and not want to borrow him money. Only the money that I can be able to give the guy as a friend that I can borrow him because likely he may not pay back or take longer time to pay back.


Title: Re: Gambling until you go totally broke
Post by: Zlantann on March 23, 2024, 10:02:46 AM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

Your friend is suffering from a gambling disorder which was why he couldn't control the urge to gamble until he lost everything he had at hand and in the bank. I suspect that your friend was chasing losses which was why he lost all. I have been in a similar condition where I gambled with all my earnings for the week and had nothing to sustain me for the next week. It was not easy for me to survive that period. I had to rely on my co-workers to survive and it was a very embarrassing condition because they kept mocking me for losing all my money on gambling. From then I learned to be a responsible gambler. I don't have to wait until I am close to going broke before I stop because that's also irresponsible gambling. I just have a gambling plan which includes a budget of how much I intend to spend at a given period. Immediately the money earmarked for betting is exhausted, and I would have to wait until the end of the month or week to refill my gambling account.  


Title: Re: Gambling until you go totally broke
Post by: _act_ on March 23, 2024, 10:12:34 AM
Your friend is suffering from a gambling disorder which was why he couldn't control the urge to gamble until he lost everything he had at hand and in the bank. I suspect that your friend was chasing losses which was why he lost all.
This is greed, lack of discipline, irresponsible gambling and an addiction. From what I conclude at with what is written by OP, his friend is suffering from chronic gambling addiction or problem gambling. Did you know where this type of addiction starts? It starts from people that think they are wise to make money from gambling. They will lose but continue to find ways to be winning more than losing as they will think that they can make weekly income from gambling. It is better the OP advise him about it because he is using his future to play. Gambling is meant to be for fun, but some people just want to abuse it and it will have bad effect on their finances.


Title: Re: Gambling until you go totally broke
Post by: OceanBit on March 23, 2024, 10:22:58 AM
Making simple mistake can sometimes lead to losses, especially when you are a beginner. I can relate, when I was a beginner, I also encountered similar situations. There was a time that I misread the rules of the game making me do wrong move. Like in poker, I thought I had a winning combination so I bet large amount, but realized and ended up losing. Also When I was new, I don't know how to check the setting of slots games, without realizing that I was betting the highest amount. These mistakes taught me lessons on how important to stay focused, understand the game works better and always double check everything before placing bet. Do not always rush and take your time on making decisions.


Title: Re: Gambling until you go totally broke
Post by: acroman08 on March 23, 2024, 10:23:05 AM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
same with me, I have gambled away money that I can easily acces in the past but I never tried to empty out my bank. While I still have money in the bank, doing what I did still negatively affected me financially.

anyway, regarding why grown up people gamble their money to oblivion, one of the reason I can think of why people do this is that they wanted to win back the money they lost and convinced themselves that they would get lucky and double or triple the money last money they have but as usual that doesn't happen and they end up losing every money they have.


Title: Re: Gambling until you go totally broke
Post by: Alphakilo on March 23, 2024, 10:24:12 AM

Your friend is suffering from a gambling disorder which was why he couldn't control the urge to gamble until he lost everything he had at hand and in the bank. I suspect that your friend was chasing losses which was why he lost all.

I want to share this video of gamblers who sleeps in sports betting shops and just gamble. In the video you can see a group of boys lying on the floor. It is similar to the person in the video. They have gambled with very important money, their savings, house rent, and whatever they had left on them gambling and even chasing after their losses.

So should I have empathy on them? No.

Gambling addiction is affecting men and making them very useless to their families and society. They who are in their productive years are so caught up in this addiction that it ruins them totally.

Watch the video. I know it is totally relatable if you have ever been to a physical bet shop - https://twitter.com/AfricaFactsZone/status/1771087963692163351?s=19


Title: Re: Gambling until you go totally broke
Post by: Solosanz on March 23, 2024, 10:27:58 AM
Gambling until broke is a real stupidity, someone could recover and become a successful person, but I'm sure sooner or later he will gamble like when he was gets addicted because no one will change. So if you have a friend that get addicted, better to stay away and avoid to engage with them.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
Of course everyone will be like you friend, seek anyone who he know e.g. family, friend, boss etc to ask for money. Or, someone become beggar who live on the street.


Title: Re: Gambling until you go totally broke
Post by: Frankolala on March 23, 2024, 10:52:22 AM
I have done this before. I had a good amount ofoney on me, and I decided to gamble because I thought that I can double the money. At first I was winning, but later it turned out the other way round, I started losing. I lost up to 90% of my whole funds in my life, and the spirit of addiction continue pushing me to gamble all, that after all, I am left with just little amount that will make no difference. I listen and lost it all. This was when I started regretting my actions, I was broke but someone came to my rescue. After that day, I don't listen to my instinct on keep gambling.

Addiction and greed goes together, your friend became greedy that he never saw or thought of the consequences of giving all his funds to gamble, If not he would not try tbat. It is gamblers that feel they can outsmart the casino, and win big that keeps playing and forget about the aftermath of their actions. I don't borrow money to gamblers, no matter your relationship with me.


Title: Re: Gambling until you go totally broke
Post by: Lanatsa on March 23, 2024, 10:54:29 AM

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
I havent been able on such situation because no matter what i dont let myself do lose control when it comes to money spending specially on gambling and thats why i dont find myself getting broke
because i do make myself having that  discipline and moderation not only on finances but also into my mindset and emotions on which we know that these are the main factors on which it could really affect you
on which this is something that you would really be trying out to avoid. Dont wait up for you to mess your life before you would really be stopping. People would be having that different mindset on things
on which you would really be having those thoughts on what the heck they have done that?

No one on their right minds would really be gambling out their last fund just because on having hopes that they could win and make it somehow to multiply but we know that
if you wont be lucky on that time then that would surely be a disaster.


Title: Re: Gambling until you go totally broke
Post by: qwertyup23 on March 23, 2024, 10:54:45 AM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

I think people who have experienced this situation are the ones who hit rock bottom. Imagine, you betted every single penny of your remaining money to risk an all-out attack on such gambling experience. I would never imagine putting myself in such a situation where I would risk everything on a single bet.

If that person continuously borrows money, then it is better that you do NOT lend him any cash. This will only become an endless cycle wherein he would borrow money from all of his friends/family in order to recover what has been already lost in gambling. As such and like I always said, the more you gamble, the more you put yourself in a position of risk.

At the end of the day, it is definitely recommended that your friend learns from this experience that he should never put himself in that kind of situation ever again. If ever this happens again, then I am very sorry to say but your friend needs help in order to overcome this addiction.


Title: Re: Gambling until you go totally broke
Post by: livingfree on March 23, 2024, 11:08:04 AM
Let those people like him learn their lessons the hard way. Because if they're always going to go to someone that they know will help them, this is going to be done repeteadly. They will not learn and have that in their minds that there's always someone that's going to rescue them in the times of need.

If I have friends like that and tried to approach me, I'd definitely say no. He's got the money but what happened? He didn't took care of what he's got but then gambled all of it.

Let him rethink his actions and accept the consequences so that he won't do the same mistake again in the nearest future.


Title: Re: Gambling until you go totally broke
Post by: danherbias07 on March 23, 2024, 11:35:32 AM
I ended up in the same shit before, no money, no one to reach out to help me out or maybe it's my pride that doesn't want any help from anyone and just nothing to eat at all. But the reason is not because of gambling, I just had nothing anymore. Paid my rent, electric bill, and water. All of those needed to be paid at that time and I am left with $2 in my pocket. After wasting that leftover money for 2 days, yeah, I somehow stretched it out for 2 days, then I have nothing left but some change to pay for my fare going to work. That's when I reached out to some of my coworkers to lend me some money. $10 will go a long way and somehow there's an angel who helped me out.

I won't do a stupid thing about gambling. With nothing left? I mean, that's foolish and irresponsible even if you are single. A person should still think about his budget for the days to come unless it's an emergency just like what happened to me. I was renting so I could not just tell the landlord that I would pay next week or he would kick me out.
It's a sad story for your friend but there's no one to blame only him and maybe the reason why no one is trying to help out is because they know where he wasted it.


Title: Re: Gambling until you go totally broke
Post by: Natsuu on March 23, 2024, 11:43:28 AM
It's definitely rough when a friend hits you up for cash because they blew it all gambling. I've had my own moments of going too far with gambling but luckily I've never been completely broke. When I realized I was risking too much, I stopped and kept what I had for important stuff. It's all about knowing when to pull back and take care of yourself. If you ever find yourself in that spot, it's okay to say no to that last bet and prioritize what's really important. And reaching out for support or advice can make a big difference too


Title: Re: Gambling until you go totally broke
Post by: Marykeller on March 23, 2024, 11:51:09 AM


Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
Lending your friend $20 is still part of the help, he wouldn't say you didn't assist him when he was financially broke or didn't have any penny on him.

These are the common stories we hear from our friends who gamble until their money finishes and when their money finishes they begin to call their friends whom they haven't called before for help. What should we do, if not lend them money we can afford to lose because for them to pay us back, they won't.

I think this is what gambling has done to those who are addicted to it, making them gamble beyond their limit.


Title: Re: Gambling until you go totally broke
Post by: Coin_trader on March 23, 2024, 11:54:15 AM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

I’m not on similar situation before but I understand how a person can do that such kind of thing if they have an urge to gamble because I feel that strong urge too but the only difference is I can control myself to not gamble recklessly through allocating a budget for my gambling expenses while leave all my money to my partner care. I have no worries that I will overspend because I don’t have money to do that.

Quote
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

Not totally broke but lose all my bankrolll. I frequently doing all-in whenever I’m already down using significant amount of my bankroll for a hope to recover my funds because the house edge will make recovering much harder if I play slow with low funds. I have no strong attachment on my gambling money since this is just from my side hustle profit.


Title: Re: Gambling until you go totally broke
Post by: SamReomo on March 23, 2024, 11:54:58 AM
I feel bad for that friend of yours, it's the starting part of gambling addiction. Your friend is slowly getting addicted to gambling and that's why he's spending everything he has on gambling. A normal and sane person would never spend the money that's required for his/her daily needs, only an addict or the one who's getting addicted could do that.

I have faced financial issues many times in my life but none of those were due to gambling. If for some reason I was on his place then I would never gamble the money that was needed for my daily necessities. I would gamble only with the funds that would not affect my life in any adverse way. I believe gambling could be good as a part-time fun activity, but when someone considers it as a source of income then things start getting wrong.


Title: Re: Gambling until you go totally broke
Post by: Heartilly on March 23, 2024, 12:23:30 PM
We don't know the other side of the story and it would be unfair if we judged the person right away just because of reckless gambling.

What if, he tried to borrow money to start again another chapter of his life, away from gambling? Or after being wrecked at gambling, trying to borrow money until he finally gets back on a smooth track again on his financial status. There are lots of scenarios that we can think about.

Since it's OP's known person, only he knows what's the current status of that person.


Title: Re: Gambling until you go totally broke
Post by: joniboini on March 23, 2024, 12:44:02 PM
What if, he tried to borrow money to start again another chapter of his life, away from gambling? Or after being wrecked at gambling, trying to borrow money until he finally gets back on a smooth track again on his financial status. There are lots of scenarios that we can think about.
But OP already told us the story though? Assuming his friend didn't lie and OP retold what he said to him, there's no hidden motive or secret activity to fix gambling addiction whatsoever. He has signs of addiction and he needs to solve that. OP should not be his saving grace unless he wants his life to get fucked even further. Besides, even if he wants to fix his addiction, he needs to start by reducing his gambling activity, and not taking a loan (or begging for donations) after losing all his money.


Title: Re: Gambling until you go totally broke
Post by: piebeyb on March 23, 2024, 12:59:40 PM
Your friend is already addicted to gambling so it's best not to lend him any more because he will continue to do that over and over again until he really realizes that he is addicted to gambling, it's difficult to advise gambling addicts, they won't listen to us either, the point is never give a gambling addict money, even though he is our close friend, don't feel sorry for him, just help with something useful and if you help borrow money for him to gamble, we are just letting him continue to be a gambling addict. The way for him to stop is to start from ourselves to stop helping him.

If I were like your friend, I wouldn't spend money just to gamble, let alone spend all my money on gambling, that's clearly a stupid way to make money, there are still lots of jobs we can do and make money, after all, gambling doesn't always make money. when we are addicted we can lose more money, but I am also surprised that even now there are still people who gamble brutally and don't care about their future, even though there are still many necessities in life that must be met, why do people prefer to spend it on gambling, it's strange .


Title: Re: Gambling until you go totally broke
Post by: Iroh on March 23, 2024, 01:01:33 PM
I don’t think this should surprise anyone. This is just one of thousands of scenarios where people display some form of irresponsibility when gambling. This isn’t the first person to gamble away literally all the money he has and sadly, there would probably be more people who would do the same later.
Compulsive gamblers are more likely to spend all the money they’ve got on themselves placing bets. They don’t stop until all the money is exhausted. There isn’t any discipline on their finances.

Individuals like the one mentioned in the OP are either fully or well on their way towards addiction. It would be best to seek help.


Title: Re: Gambling until you go totally broke
Post by: Eternad on March 23, 2024, 01:05:56 PM
It's definitely rough when a friend hits you up for cash because they blew it all gambling. I've had my own moments of going too far with gambling but luckily

This rough but I commend the courage of OP friend on telling the truth about his gambling problem before he ask financial assistance since he can just lied that he was financially short due to something else instead of telling the truth about gambling since it will be very hard for him to get help if he show sign of addiction which he really have.

Quote
I've never been completely broke. When I realized I was risking too much, I stopped and kept what I had for important stuff. It's all about knowing when to pull back and take care of yourself. If you ever find yourself in that spot, it's okay to say no to that last bet and prioritize what's really important. And reaching out for support or advice can make a big difference too

The typical problem of gambler is knowing when to pullback that’s why there’s a lot of addiction cases since it’s very hard to do that in reality for people that frequently gamble. Probably you are just gambling occasionally which is why you can manage to control yourself before you become addicted but this not the case to the others.


Title: Re: Gambling until you go totally broke
Post by: Odohu on March 23, 2024, 01:07:37 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
This is something that is common and I have seen it more than once. First, you have to understand that he is your friend and what make you his friend is often tested in a time of challenges, like he is facing now which is gambling addiction. lending him money is just a temporary solution but the actually solution will be to help him overcome the addiction because without it, it wouldn't have gotten to the point of you lending him money. You have to make effort to advice him to manage his gambling activities in such a manner that it will not impact negatively on him. It is a gradual process and if you try you can help him overcome. Like I said before, he is your friend and what you did is nice and highly commendable nd encourage you to do more so he will be able to find lasting solution to his problem.


Title: Re: Gambling until you go totally broke
Post by: Rabata on March 23, 2024, 01:28:27 PM
In this concern your friend seeks financial help from you. There are many gamblers who reach out to friends with no recourse when they lose their last fortune. At that moment it is difficult to return him without giving something. Because those who lose everything in gambling they become depressed. I was also in such a situation where my friend requested me to lend him some money. When I asked him why he needed money he told me he needed money for some other work. But I already heard about him from some of my other friends. He gambles regularly. I contemplated whether to give him the money at that point and at one point told him that I wouldn't give him the money if the money was borrowed for gambling purposes. He lied to me and took the money. I gave him that day because he never came to me to borrow money. I know he gambled with my money and lost. I thought to myself that I would never lend him money again.


Title: Re: Gambling until you go totally broke
Post by: Yogee on March 23, 2024, 01:35:54 PM
It's not as stupid as what your friend did but I've been through a similar situation before. It was during the early days of my gambling and I can tell you that it ain't fun at all. I was also tempted to borrow but it didn't came to that point since I don't want anyone to know that I'm falling short because of gambling.


Title: Re: Gambling until you go totally broke
Post by: Ultegra134 on March 23, 2024, 01:42:08 PM
You were too nice and lenient on him; I personally wouldn't lend him a single cent; it's like giving a drug addict his dose. I'm guessing that you already acknowledge that there's a high chance of not receiving your money back—not that it's a large amount, but the motive is what counts in this case. Unfortunately, having seen a few similar cases myself, this is all proof of how harmful gambling addiction is. I've never been in that situation and am not planning to ever be. I can't imagine how someone can end up like that. It's a vicious, never-ending cycle.

If I were you, I'd refrain from lending him money again. Although he might return the $20, you'll be a close contact for borrowing money in the future.




Title: Re: Gambling until you go totally broke
Post by: yudi09 on March 23, 2024, 01:48:29 PM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
So far, I have never gambled until I went bankrupt because I no longer had all the money and types of goods left that could be used as betting material.
But seeing people who play until they go bankrupt is like your story. The player is old and already has grandchildren, but now that person has died.

The story begins with his habit of gambling in a place with people he didn't know before.
He brought a large amount of money and as a reserve, he told me to keep it in my trouser pocket. When the money ran out, he would take what was kept with me.
One day, I remember very well, in a very exciting situation he lost all his money, including what was stored in my trouser pocket, until there was nothing left, but he wanted to play so much that he was forced to use the ring as a bet.


Title: Re: Gambling until you go totally broke
Post by: Hirose UK on March 23, 2024, 01:51:55 PM
In fact, that is the risk if someone gambles until they lose control and experience some bad luck such as bankruptcy, they decide to gamble, which means indirectly they have to be prepared for all the risks involved.
Even though things like this often happen, we must not sympathize and help him so easily, he must learn to have sense of responsibility and accept everything with the right attitude.
If something like this happens again or there is still feeling of pity and sympathy in helping materially then he will underestimate every problem that occurs and that is the human attitude.

Problems like this should also teach us many things related to self-control, time and money management.
There are many things to consider when using money to gamble because even though are single and not yet burdened by family needs, still have to think about the long term and also save to be able to have decent life in the future.


Title: Re: Gambling until you go totally broke
Post by: goaldigger on March 23, 2024, 02:01:29 PM
It's not as stupid as what your friend did but I've been through a similar situation before. It was during the early days of my gambling and I can tell you that it ain't fun at all. I was also tempted to borrow but it didn't came to that point since I don't want anyone to know that I'm falling short because of gambling.
I guess we all have this kind of moment in our gambling experience and I also have this one. I was totally broke before because of gambling and that was a wake up call for me to choose the best side to live a life and make up for everything I’ve missed because of gambling. Now I know how to handle this and fortunately I was able to get it through, though I still gamble but I can manage my risk now and I can say that I’m totally a responsible gambler now.


Title: Re: Gambling until you go totally broke
Post by: 0t3p0t on March 23, 2024, 02:25:33 PM
I personally do not experience this kind of scenario but I experienced spending more than what I can not afford to lose and that really hurt my pocket. But what your friends experience is so alarming and I think that is some kind of desperation or addiction.


Title: Re: Gambling until you go totally broke
Post by: Taskford on March 23, 2024, 02:32:00 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

Maybe he just said that out of pride since he want to look cool into the eyes of his friends that happen on some people since they always want to boost up and gain a attention from a lots of people. Most of this guys would just realize the mistake they have done once they experience how they lost all their money like nothing left on their pockets.  We can also determine that people engaging in this actions are addicted individual so maybe instead of taking to much attention with their toxicity then maybe we let them get the dose of the action they have done since once they experience to get broke for the first time for sure they would never do or decide to commit the same mistake again.


Title: Re: Gambling until you go totally broke
Post by: legendbtc on March 23, 2024, 02:50:15 PM
I don’t think this should surprise anyone. This is just one of thousands of scenarios where people display some form of irresponsibility when gambling. This isn’t the first person to gamble away literally all the money he has and sadly, there would probably be more people who would do the same later.
Compulsive gamblers are more likely to spend all the money they’ve got on themselves placing bets. They don’t stop until all the money is exhausted. There isn’t any discipline on their finances.

Individuals like the one mentioned in the OP are either fully or well on their way towards addiction. It would be best to seek help.

Well, these people are addicted to gambling. I don't think they will stop when they run out of money. Players will constantly chase bets that lead to losses, drain savings, borrow money, or even steal or cheat to get money to satisfy their addiction. When participating in gambling, they accept countless elements of pure chance and leave their assets to the "god of luck" to decide. Act recklessly despite all risks. Despite being aware of the risk of debt or bankruptcy, addicts continue to take themselves to casinos or participate in betting to get their money back. They will never be able to control themselves.

If you feel signs of gambling out of control, hope those people quickly withdraw, lest they have to repent and suffer a torment of conscience.


Title: Re: Gambling until you go totally broke
Post by: crwth on March 23, 2024, 02:58:12 PM
I know a lot of people who have really pushed their luck in gambling and continuously do cash advancements in the company just to gamble it all away. I think they are managing their money like this and have probably lost more than should've. I was completely aware of how he was handling his money and tried to ask me for some and I just steered away and said that I don't have any extra money.

It's saddening of people losing money to addiction and it's not what they want but they keep doing it. I believe it's something that would take someone over the edge if it's not controlled in any way.

They should probably stop if it's hurting somebody.


Title: Re: Gambling until you go totally broke
Post by: Mauser on March 23, 2024, 03:06:29 PM

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

That's a bit of tricky question, because I like to limit my bankroll as much possible to keep my losses in check. So, I have a fixed amount of money I gamble with each month and if I lose than I am not going to deposit any new money in that month. It feels like being broke even though I still have savings that I could use. Having a clear cut between my gambling bankroll, my emergency savings and my investment money helps me to build a long term portfolio. It's the same when going to visit our local casino with friends, we usually all only take a fixed amount of cash with us and if we lose that money than that's it for the night. There can be unlucky situations where myself or a friend blows through his whole bankroll very early during the night. Then a friend who had been more lucky will lend a small amount, but that's only for placing a few minimum size bets. The rest of the night means drinking and watching others gamble, which is also a lot of fun.


Title: Re: Gambling until you go totally broke
Post by: Onyeeze on March 23, 2024, 03:08:36 PM
Some people is extremely gambling addicted and they don't to realize what they lose at that moment in time when they only think of anything good about them is when they have lose what they have that is why I always emphasize that whoever that is into gambling should have a statistics of expenses and the person should spend according to it monthly and the weekly receiving it income so that you can be able to stand whenever it lose gambling much, if you are earning a $200 weekly and you are a gambler I think what should be better for you to gamble with should be at least $70 or $50 so that you have a remainder that you can use and sustain yourself whenever you lose constantly without any winning but some people does not take it to heart they will rather use all the money they have to gamble even ask for borrow from their friends or whoever that is around them hoping that that they will win when you have such mentality in gambling you have gone far and it will be hard before you come amend yourself we need to always be calculative in gambling so that you will withstand your loss


Title: Re: Gambling until you go totally broke
Post by: 348Judah on March 23, 2024, 03:15:16 PM
Its a very bad thing to see that the reason to why some are broke today was due to their addictive nature to gambling, we should at least be able to caution ourself to a reasonable extent that some steps and decision in which we take does not affects us, we are not gambling in other to make our lives miserable, we are gambling because we want to have fun and make use of our free time on something worthwhile, we should change the kind of mentally we have that such abuses the way we are gambling and our life as well is being affected by such.


Title: Re: Gambling until you go totally broke
Post by: uneng on March 23, 2024, 03:19:29 PM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
People who gamble until the last penny are compulsive gamblers who live the moment and don't think about long term consequences. This kind of mindset actually prejudices these gamblers on every aspects of their lives, going much further than financial matters. They are called losers because they don't make progress with their finances, relationships, careers and personal development. These people have difficulties keeping promises, following routines and achieving long term goals. They are too confusing and unstable, unfortunatelly, and those around them like family, friends and lovers tend to suffer a lot for the lack of commitment these individuals display.

Since you lent money to your friend once, you can expect he will come back for more, because you are probably one of the few contacts he has which did so... I suggest you not doing this anymore, because you are simply fueling his addiction. If you want to help, maybe you could lend money to his family, so they can pay their bills and purchase food, but don't give money to him directly.


Title: Re: Gambling until you go totally broke
Post by: EarnOnVictor on March 23, 2024, 03:25:01 PM
-snip-
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
First, you did the right thing by borrowing him the $20, you just saved a brother from the mess, and since he has not found himself in that mess before, it is a very kind gesture you just extended to a fellow man. But if such repeats itself, you should not do that again so that he will feel it worse than the easy help he found.

As for your question, heck No, I have never placed a bet with any unaffordable money. I bet with a very low fraction of what I am worth which is the right way to go about betting. It will be easy for us to view betting as such that is not a means to guarantee our earnings but a risky means of getting money if possible. With this mindset, if one wants to gamble, such a person would think twice about gambling with an amount that would hurt him since it can come out with a win or a loss.

Gambling aside, it is just a senseless way of lifestyle for someone not to plan his life. One should know the money to spend, the money to save and so on. For someone to now misuse the opportunity he has and mispends for any reason is not what I entertained. And we should not pity them for any reason if they are adults. I know this is caused by a weak mind, nevertheless, it is not an excuse as one can train that weak mind to be strong, it depends on what we feed our minds most. It can only be the weak mind that would tell you to gamble all the money you have at a casino and start suffering and borrowing money up and down. If the mind is strong, the person will reject that temptation immediately. Living has to be well-planned, or else, we regret our actions.


Title: Re: Gambling until you go totally broke
Post by: DaNNy001 on March 23, 2024, 03:36:37 PM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
It has happened to me before several times which means I was addicted. If it happens just ones and the person learn his lesson and stop the stupid gambling habit, he is not addicted. But if he continues, it means he is an addict. It is possible that his close friends borrowed him money already or they know he is using his money to gamble and not want to borrow him money. Only the money that I can be able to give the guy as a friend that I can borrow him because likely he may not pay back or take longer time to pay back.

The funny thing is that I also had a friend who was fucking addicted to the point of going to collect money from different persons and using it to gamble and one of us who knows he was fucking addicted would always take advantage of it by telling him to borrow from him with a collateral of his property attached and when I asked him why he said he wants to teach him on how far he could damage himself through the act and you believe where you ended up? He fucking sold or should I say loaned everything to this my friend and it was not until the last minute we had to tell him to his face and he realized the crazy thing he has been doing without thinking.


Title: Re: Gambling until you go totally broke
Post by: m2017 on March 23, 2024, 03:39:59 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.
Your friend only remembered you when he needed money from you. Are you really ready to call him your friend? Would he remember you if he won a million gambling?

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Are you ready to trust (hope to get the money back) your friend who lies to you?

Why should you help financially those who, because of their stupidity or inability to control and foresee the consequences of their actions, bet their last money?

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
Surely he immediately lost the $20 in the casino. Try to find out and tell us how your friend managed his money a little later. Necessarily.

Do you enjoy sponsoring other people's bets?

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
Age is not yet an indicator of maturity as a person. More often than not, most “adults” are not able to control their life activities. What else can call it when an adult is left without the last means of subsistence for the next month due to his rash actions?

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?
I have never been in this situation and never will be because I don't gamble.

I can only condemn the behavior (financially and morally) of people like your friend. Helping people who find themselves in difficult financial situations is necessary, but if the situation arose due to gambling, this is no longer acceptable. This “help” only corrupts them even more (easy money from friends and relatives, which you don’t have to give away) and delays the moment of “sobering up” from gambling.

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
It is generally accepted that gambling is a quick and easy way to make money. If so, why do stories like your friend's happen?


Title: Re: Gambling until you go totally broke
Post by: Gozie51 on March 23, 2024, 03:40:15 PM

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

The reason is trying to recover your losses. Many gamblers have lost all because they are bent on recovery what they have lost. They have decided within themselves to keep playing until they get back what they have lost but unfortunately it doesn't happen like that.

Many gamblers try their luck to gamble to double what they have, they have a misconception that gambling will generate income for them but unfortunately gambling is different from invest. Investment is where you put in your money and you expect some dividend or return later.


Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

Not many gambler will back down when they are losing. If you experience such losing time, you are lost in your mind on what to do but what will keep coming to your mind is to keep going on. So it takes a very strong self control to stop or take a break when you are losing.


Title: Re: Gambling until you go totally broke
Post by: Lanatsa on March 23, 2024, 03:41:58 PM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.
People who gamble until the last penny are compulsive gamblers who live the moment and don't think about long term consequences. This kind of mindset actually prejudices these gamblers on every aspects of their lives, going much further than financial matters. They are called losers because they don't make progress with their finances, relationships, careers and personal development. These people have difficulties keeping promises, following routines and achieving long term goals. They are too confusing and unstable, unfortunatelly, and those around them like family, friends and lovers tend to suffer a lot for the lack of commitment these individuals display.

Since you lent money to your friend once, you can expect he will come back for more, because you are probably one of the few contacts he has which did so... I suggest you not doing this anymore, because you are simply fueling his addiction. If you want to help, maybe you could lend money to his family, so they can pay their bills and purchase food, but don't give money to him directly.
You wouldnt learn until  you would really be sleeping on the streets or you would really be getting divorced by your wife or you would be left by your family. People never ever learn not until they would really be able to experience the worst and this is something that you should really be that trying to learn things but on the most hardest situation on which some people cant really be able to recover on or ended up on having suicide just because theyc ant really be able to bare up with the risks that they've been into. This is why on the time that you do play gambling then everything should really be in moderation.
Dont make yourself that be engaging too much in gambling if you dont really like for yourself to be ended up on miserable life.

People do really make things messy on the time that they cant really be able to think up well or could be able to make that control so that you wont really be ending up with
those miserable conditions that not everyone is been dreaming off. Dont wait up for things to be like that before you would be quitting.


Title: Re: Gambling until you go totally broke
Post by: slapper on March 23, 2024, 03:48:22 PM
You struck rock bottom because of gambling? It means you were caught in the machine, not a medal of honor. We all feel the excitement of betting; it's in our genes. But losing everything? That goes deeper than money; this loop of desiring a win that never comes. We all want to give just one more try with money. It's about being honest with yourself; are you chasing dollars or feeling? A high of nearly winning? It can rule

You helped your friend when he crashed. Decent people do that. However, this isn't a one-time event. Man, it's an eternal circle. The fundamental question is why we chase losses and ignore rationality, not why we go broke. Gambling for fun? A little fun is fine. You must know when to stop. That's the game; the narrow line between fun and getting pulled under. When it stops being fun and becomes a desperate rush to recover, ask yourself, "What the hell am I even after here?" Probably not in an empty bank account


Title: Re: Gambling until you go totally broke
Post by: killerfrost on March 23, 2024, 03:53:17 PM
The point about losing 90% of your funds highlights the devastating financial consequences of gambling addiction.  Imagine going from a comfortable position to near-bankruptcy due to the uncontrollable urge to gamble. The role of addiction in your story is crucial.  The "spirit of addiction" pushing you to gamble everything you had left reflects the compulsive nature of this condition.  This highlights the importance of seeking help if you struggle with gambling addiction.

The observation about greed and addiction going hand-in-hand is insightful.  The desire for quick and easy gains can fuel the flames of addiction, leading to reckless decisions like gambling away your remaining funds. The decision of your friend to rescue you financially is a complex one.  While their support helped you in the immediate aftermath, it's important to consider the potential for enabling behavior.


Title: Re: Gambling until you go totally broke
Post by: cabron on March 23, 2024, 04:01:08 PM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

He is young, we are like that once upon a time I think. Probably the happy-go-lucky kind because they know their family will be there to send money when they are in trouble. Only this time I guess his family taught him a lesson.  ;D

I did the same when I was younger, as always I was again thinking my luck would be back so I wagered the last money in my pocket. I hailed a cab and asked the driver to wait til my old pop came out of our house so he could pay for my ride home.


Title: Re: Gambling until you go totally broke
Post by: robelneo on March 23, 2024, 04:29:53 PM


I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

I hope no one here was on that kind of position, that's a desperate situation if you are on this kind of situation and you are worse than a beggar, because a beggar can keep a money while you keep losing it because of your addiction.

Quote
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
I have not done that I always have a line that I created where I have set my boundary, if you keep doing this habit of betting, you will eventually go home penniless, you should never bet your last money you will feel self pity if you want to buy a cheap item like a cigarette and you can't.


Title: Re: Gambling until you go totally broke
Post by: umbara ardian on March 23, 2024, 04:36:45 PM
The internal conflict you express about wanting to help your friend but not enabling their addiction is understandable.  You rightly point out that lending money can perpetuate the cycle of gambling.  Imagine a scenario where providing financial support unintentionally fuels the addiction.

The observation about the limitations of tough love with addicts is insightful.  Simply telling someone to stop gambling might not be effective, especially when they're in the throes of addiction.  Imagine a situation where logic and reason struggle to compete with the compulsive urge to gamble.

The counterpoint about the potential for alternative support systems is interesting.  While you can't control your friend's actions, you can offer support in other ways.  Imagine encouraging them to seek professional help, joining a support group, or connecting them with resources to manage their addiction.


Title: Re: Gambling until you go totally broke
Post by: dothebeats on March 23, 2024, 04:37:30 PM
Even I couldn't fathom this idea. You know you only have that much money left and you still think of taking a chance with it even though you know so well that the odds are stacked against you... It just doesn't make sense at all.

I gamble with money I can lose, and even then, there are times that I feel like I can't lose $5 on a single bet just because I'm that afraid of losing. Then there are these people who only have $100 left on their name to survive until their next paycheck and risking it all just because they think they are lucky and can multiply that amount very easily.

I'd never risk my last money that I can use to survive for a few days in gambling. The rewards are tempting, but if those rewards don't favor me, I wouldn't have anyone to ask for help at all. The thought of losing 'all' of my money at that time is just scary.


Title: Re: Gambling until you go totally broke
Post by: Majestic-milf on March 23, 2024, 04:54:17 PM


But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.


There are two types of gamblers for me; the impulsive ones and the compulsive ones and I feel your friend ends in the latter.
Gambling stimulates the reward system in the brain and this makes people indulge in it sometimes to their detriment. Your friend who is a compulsive gambler has gotten to that point where he no longer plays for fun but does this with the mind that his life depends on it. When gambling and you notice you have exceeded the amount in which you set out to gamble with, the best thing's to stop because there's this part of your brain that will be encouraging you that the next game would be the jackpot, but rarely so.
 He should better get help because these sets end up being depressed and can easily commit suicide because by the time they realize the damage their behaviors have caused, it's too late.
Just like drugs, gambling can get so addictive that you become less concerned about food and more invested in how to squander the cash and that only happens when you've gone beyond thinking levellt with your brain.


Title: Re: Gambling until you go totally broke
Post by: coin-investor on March 23, 2024, 05:11:30 PM


I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?


As much as possible we should never let this thing happen to us, we are totally out of control and cannot decide what's right and what's wrong, anyone who's doing this is at the bottom and he should be rehabilitate because he do not know how to decide properly.
He will lose everything and he will likely end up with nothing to eat because he prioritize gambling more than anything else.
This kind of people usually are unkempt and unorganize and their life has no direction, rehabilitation is the only answer no amount of advice can save this individual.


Title: Re: Gambling until you go totally broke
Post by: Ever-young on March 23, 2024, 05:16:54 PM


But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.


There are two types of gamblers for me; the impulsive ones and the compulsive ones and I feel your friend ends in the latter.
Gambling stimulates the reward system in the brain and this makes people indulge in it sometimes to their detriment. Your friend who is a compulsive gambler has gotten to that point where he no longer plays for fun but does this with the mind that his life depends on it. When gambling and you notice you have exceeded the amount in which you set out to gamble with, the best thing's to stop because there's this part of your brain that will be encouraging you that the next game would be the jackpot, but rarely so.
 He should better get help because these sets end up being depressed and can easily commit suicide because by the time they realize the damage their behaviors have caused, it's too late.
Just like drugs, gambling can get so addictive that you become less concerned about food and more invested in how to squander the cash and that only happens when you've gone beyond thinking levellt with your brain.

Gambling can be addictive and can cause problems for some people. But not everyone who gambles has a problem. Some people can gamble for fun and stay in control. If someone has a gambling addiction, they can get help and get better. It's important to be careful when gambling and to ask for help if you need it. Some types of gambling, like slot machines, can be more addictive than others. But playing games with friends, like poker, might be less risky. gambling can also be fun, but it's important to be safe and get help if one notices that he's gradually getting addicted.


Title: Re: Gambling until you go totally broke
Post by: Volimack on March 23, 2024, 05:30:36 PM
Such a bad situation should not happen to anyone gambling should try to control yourself before things get out of hand. Which one is wrong and which one is right should be verified. It is never right to give more priority to gambling to your own detriment. If you see that gambling is leading to losses stop gambling before everything is lost. Gambling should never take risks. You will be in more danger than you take.


Title: Re: Gambling until you go totally broke
Post by: Slow death on March 23, 2024, 05:30:43 PM
Many people seem to be unable to understand the meaning of helping another person. when a person asks you for financial help and you ask them what happened, and that person explains to you that they took the money they had and went to play in a casino but lost everything, so at that time we have to explain to the person the great danger of using money of paying bills and the great danger of using money intended for food, but we need to speak calmly to the person so that we don't increase the person's guilt and they start things like suicide. after we warn the person of this danger and advise the person that they should not repeat this very serious mistake, then we lend the money to that person, when we help someone, we should not keep charging that person

Many people think that they will never make mistakes in life and because of this they become arrogant and start to judge other people and even get to the level of saying things like: "I'm not going to help person x, because it was his fault, it was a mistake." " and after saying these types of things to the person who asked them for money, in the end they refuse to help. So if they didn't want to help from the beginning, why did they keep talking to the person who asked them for help? The saddest thing about all this is that people who have the defect of condemning other people who make mistakes, on the day that they too need help, no one helps them and then they complain because they were not helped. It's not nice for a person to keep complaining to help someone else, it's not nice to constantly criticize someone when they make a mistake.

OP, in my opinion you did the right thing by helping your friend, even though your friend made a mistake, that doesn't mean you should punish your friend, help him willingly and knowing that you won't hold him accountable for what he did to you. the money you gave him for help, today your friend is in need of help and in the future you may also need help from your friend and your friend. If you look at the world you will see that things always change, today we are fine and we don't need help, but tomorrow we are bad and we need help


Title: Re: Gambling until you go totally broke
Post by: moneystery on March 23, 2024, 05:36:25 PM
that's greed. he thought that when he gambled his last money on gambling, it would multiply and he would become rich. but in reality it was the opposite, he lost the money and he experienced difficulties. if i were you, i wouldn't want to lend him my money even when he said that i was his only hope, that was just a classic excuse. believe that when you give him money, he will most likely gamble it again and will not pay his debt to you.

so in my opinion, it's best to ignore people like that and no longer need to contact them because there's no benefit for us either.


Title: Re: Gambling until you go totally broke
Post by: Zoomic on March 23, 2024, 05:38:43 PM
Problems like this can only happen to gamblers who put all their hope in gambling for survival. No gambler who sees gambling as a means of survival can be responsible.  This is because once you see gambling as a means of survival,  you will want to invest your time, money and other resources to make sure you earn and in the course of putting in your all, you gradually lose everything,  including yourself unknowingly. The person who gambled till he went broke had hopes, hope that he will win and replace all he has lost. But, this is gambling and we cannot build hopes on things we are not certain about, gamblers encounter challenges because of this. If Gamblers can actually adhere to this, problems will reduce.


Title: Re: Gambling until you go totally broke
Post by: madnessteat on March 23, 2024, 05:39:05 PM
~snip~

It seems to me that almost every gambler has lost all their money. In my life such situations happened several times. I also had to borrow money until payday, but only not from friends, and in the bank. I did not want to be indebted to my friends, so there were only two options for me - a loan from the bank, or pawn something of my personal valuables in a pawnshop. After several such mistakes, I realized that gambling should be played with only part of the funds, and in the casino categorically can not go after receiving an advance or salary.


Title: Re: Gambling until you go totally broke
Post by: Jaycoinz on March 23, 2024, 05:44:30 PM
Such a bad situation should not happen to anyone gambling should try to control yourself before things get out of hand. Which one is wrong and which one is right should be verified. It is never right to give more priority to gambling to your own detriment. If you see that gambling is leading to losses stop gambling before everything is lost. Gambling should never take risks. You will be in more danger than you take.
there is the Motto among some gamblers over hear that am staying which goes " a true gambler never leaves the table till the end " which to some extent is what almost all the gamblers believe but I see this as a crack up motto and a very stupid thing to do although I understand that its hard to stop the act but it all boils down to the choice the person wants to take because if you are straight and certain with your self then stopping what doesn't benefit you shouldn't be any problem at all.


Title: Re: Gambling until you go totally broke
Post by: Dickiy on March 23, 2024, 05:48:59 PM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
To be honest, I have often experienced this incident, many of my friends who are young, single, unemployed ask for money loans, some are even married but complain because they don't have money to meet their daily needs. Very worrying and to be honest I wouldn't lend them any money. Because it's not that I don't believe him, but instead of having to lend without a strong guarantee that he can pay on time, it's better if I give him the money that I'm ready to give. But after that it will not give anything else, only a glimpse and will not approach the mentality of a gambler who is not responsible for himself or his family.

It might sound selfish, but that's my principle because surviving is very difficult, like it or not, if they are not able to control themselves from gambling then they will be left behind.


Title: Re: Gambling until you go totally broke
Post by: Zigabel on March 23, 2024, 05:51:44 PM
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
Gambling to the point you are left with your last money or a bet away from been broke is such an unhealthy way of gambling and shouldn't be practiced as it's aswell irresponsible way of gambling too and we always advocate responsible gambling here on the forum and even most gambling sites do mention same almost all the time. Whenever you gamble to this point most definitely you will be willing to risk it all and such is definitely going to get you to even worse condition because you will be leaving the casinos with nothing to fall back at after you must have exhausted all that you have got.

It's most advisable to gamble within a budget, I'd you have got the self control I advise it's a good idea to exit when you are a step away loosing your last funds, don't use it in the mind that it's the last and should be lost anyways, have it as what you can fall back at and probably get a chance to try again some other day and not that exact day again.


Title: Re: Gambling until you go totally broke
Post by: Pi-network314159 on March 23, 2024, 05:53:32 PM
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
He got broke as a matter of gambling with greed. How can someone gamble till he lost his sences of reason of not knowing when to stop. I think that is the baisic problem of gamblers they always want to win big by chasing after loses, and end up becoming broke to the extent of depending on people or friends to survive. I guest he may have learnt his lessons this time. For me I think you should have just given him some money despite you knew he was lieying about the rent issue, then tell him never to do such again let it now be on his head.




Title: Re: Gambling until you go totally broke
Post by: Spaceman1000$ on March 23, 2024, 05:58:25 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
I applaud your generosity,  who told you he is not going to gamble with the $20 you gave him. That guy is obviously addicted and what he needs more is advise from you. gambling is high Risk, he can actually gamble with the last money he has, and luckily win. However you shouldn't be gambling up a point where you don't have money to take care of you upkeep, that's an error. Professional gamblers know when to stop, and that's what's makes you a healthy gambler. If you're gambling and consistently you've been losing, it's best to give yourself a break, the idea of using your last cash to gamble is too risky.


Title: Re: Gambling until you go totally broke
Post by: Stepstowealth on March 23, 2024, 06:09:16 PM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand
This is the reason why it is referred to as addiction because gamblers who are addicted find it difficult to really control themselves and me make unreasonable decisions just so that they can keep gambling.
Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.
I will not be surprised if this your friend that you offered an assistance goes back to gamble with the money you gave him to sustain himself. Gamblers act very irrationally when they become addicted and to many of them although it may be seen as trying their luck it is actually just stupidity. Sometimes you will wonder if these gamblers are under some kind of spell or juju.


Title: Re: Gambling until you go totally broke
Post by: michellee on March 23, 2024, 06:09:49 PM
Greed and desire to get money in a short time. That's what makes people return to gambling because they often dream of winning large amounts of money from gambling. But it's not what they imagined because winning the gambling game is not easy. They have to use a lot of money but that doesn't guarantee they can win. Even if they win, the winnings will not be as much as the money they have lost at the gambling table.

I've never had that happen, even though I've almost had it in the past. But I really don't want to experience that because losing all my savings just because of gambling is very painful. For this reason, we really have to take care of ourselves as best as possible when gambling so that we don't experience too many losses. We must be able to gamble responsibly so that we don't experience any problems so that we can enjoy gambling as entertainment.


Title: Re: Gambling until you go totally broke
Post by: Juse14 on March 23, 2024, 06:12:02 PM
Winning can make people addicted to gambling so that they continue to place bets with larger amounts in the hope of winning bigger than before. And losing can make people more curious about gambling, where they continue to place bets and gamble even though they have often lost before. This can happen because there is an assumption that the more often you lose, the closer you are to winning. However, instead of getting a big win, which could change his financial situation, this only led him to endless gambling activities, which ultimately only resulted in losses in the long term that made him bankrupt. and when someone is really addicted to gambling, then they will only wake up from their bad behavior, only when the individual has lost everything, lost the amount of money they have and lost the trust of other people due to their bad behavior, so that no one else is enough cared about him and no one else trusted him enough to lend him money.


Title: Re: Gambling until you go totally broke
Post by: Accardo on March 23, 2024, 06:15:51 PM
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
He got broke as a matter of gambling with greed. How can someone gamble till he lost his sences of reason of not knowing when to stop. I think that is the baisic problem of gamblers they always want to win big by chasing after loses, and end up becoming broke to the extent of depending on people or friends to survive. I guest he may have learnt his lessons this time. For me I think you should have just given him some money despite you knew he was lieying about the rent issue, then tell him never to do such again let it now be on his head.


Giving him money has double meaning between these two friends. On one side the Op gets worried about what he'd end up doing with the money. If his friend's addiction gets worse, he'd have to blame himself for sending out arms to him. Lending him money is like offering him money. It'll be difficult for the addict to think of paying back his debt. However, the addict may be reaching out for financial assistance to everyone he's ever known. What is most crucial to gamblers is having money to satisfy their gambling urge. However, if his friend, the Op, didn't send out the money, his friend could have an alternative on who's next. I think it's confusing on the side to pick on such a situation. What Op did, seems right to him, for some reasons, which include that he's a friend to the addict. But the right thing is checking up on him. It's funny he wouldn't use the money to grab food or other utilities. He'd wager them.

Hence, his journey of financial help isn't a short one. Once he bypasses this level of financial stress for a few days, he gets used to this and ends up finishing his salaries earlier every month. Within him, he's gone through this and will next time. No way everyone would understand what he's doing. People do this out of addiction. And due to the actions of addicts who wager all their money till they end up broke, my idea on Op's friends was generated. If he's not able to take care of this earlier, it could affect his progress financially. So, Op has other jobs to do, like calling him once in a while to exercise his mental capacity, and then help him deal with it if such troubles erupt again. New mistakes occur each day. Gamblers need a guide.


Title: Re: Gambling until you go totally broke
Post by: Yatsan on March 23, 2024, 06:37:02 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
We all know the answer and that's simply irresponsibility and greed. All of us are aware that there is always a risk for us to lose money in gambling. But why are there people literally being bankrupted due to gambling? It is no longer on your age but your maturity to balance the risk and consequences of this industry or activity. If you know to yourself that betting all of your money could put you in a situation that you'd be miserable, why would you still do it? We do get the point that if you become lucky, your money will multiply but bottomline is "IF" which simply indicates lack of assurance. It is okay to have hopes for a better life but never embrace too much of risk in return. You did the right thing lending him a few amount of money but if ever this scenario will be repeated then it would be better for you to limit your interaction with him especially if he will insist such favor to you from time to time.


Title: Re: Gambling until you go totally broke
Post by: DubemIfedigbo001 on March 23, 2024, 06:46:09 PM
Dude is a reckless gambler, this one has outgrown irresponsibility. from my own understanding, he is gambling with his life as he exhausted his bankroll and turned himself to a beggar, I still commend you for at least helping him out. Its not bad to make a mistake, its only stupid when he doesn't learn from his mistake. He really needs to take things easy.

I hope you educated him on the importance of gambling responsibly and having a budget in gambling, lest you just opened a charitable outlet and be sure to have him back with the same stupid story sooner or later expecting you to have his back as usual.


Title: Re: Gambling until you go totally broke
Post by: Issa56 on March 23, 2024, 06:48:10 PM
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
Something you have to punish some people so that they won’t make similar mistake again, when you know you don’t have much money with you, why do you have to gamble with the one which you are having, and that’s what you will be using till month end before you will be getting another salary. If am in your position, seriously I won’t really give him any amount of money, next time he won’t make similar mistake, don’t be surprise that after giving him some money, he might end up gambling with the money also.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand
That’s what they call gambling addiction, some people will use the last amount of money they are having with them which they are suppose to use and feed themselves, they will end up using the money to gamble. Addicted gamblers do some crazy things which you will never think someone reasonable will do things like that.


Title: Re: Gambling until you go totally broke
Post by: Hispo on March 23, 2024, 08:14:59 PM
To be honest, I kinda feel some pity for your friend and I also believe you are a very kind person for giving him some money, regardless he lost all of his money because his foolishness. One can only hope he won't use any of the money he is begging for to continue to further dig himself a deeper grave.
I have never been in a situation where I have found myself without a penny and thank God I have not seen any friend or family going through anything similar.
Though, I have heard rumors and stories about people losing all their money in local casinos in my city, which are fairly new, by the way. I have read about people who have had to sell their trucks and personal cars before their gambling debts. Considering we are talking about a country like Venezuela, it is minnblogging how people can gamble away their cars and properties, at the same time there is people who barely can afford to eat.


Title: Re: Gambling until you go totally broke
Post by: GideonGono on March 23, 2024, 09:15:21 PM
I think those who are so addicted to the point that they would risk everything to enjoy their time and wouldn't care about the future, are those who always have someone to support them when things go wrong.
They are the ones who grew up having someone who would take care of them when they did something wrong or someone who would cover up for them.
If you want to help those kind of people then you shouldn't just give them out money for free let them earn their own money, help them by introducing them to any part time jobs that they could to survive.


Title: Re: Gambling until you go totally broke
Post by: mirakal on March 23, 2024, 09:31:03 PM
I have no sympathy for those losers. Had he won, he wouldn’t have talked to you. You would be the last guy in his mind when he was spending them profits. When they lose, suddenly you become his best buddy. Fuck him. Just leave him be or feed him with the generic crap like “sorry mate you deserved better in life I hope everything will be great in the future”  If you try to fix somebody who doesn’t wanna get fixed, you’ll end up broken like him.
Well, obviously you won’t be remembered if he won and made profits. You could be the last option for him since the rest of his friends have been tired already of giving him financial assistance and yet, everything still fall on gambling. If I have a friend like this, I would never tolerate his actions also but will teach him lesson that gambling is only good for those who have extra money, but for those who’s facing critical with their finances, it’s better to avoid gambling as much as possible.

This only shows that OP has been facing gambling addiction without him knowing, or he knew it already, yet he’s afraid to admit. While helping a friend is a good deed, but having this type of situation, it’s better not to help him anymore so he can learn his best lesson and realize later on that gambling will put him in misery if he continues to gamble irresponsibly.


Title: Re: Gambling until you go totally broke
Post by: AmoreJaz on March 23, 2024, 09:38:30 PM
I have no sympathy for those losers. Had he won, he wouldn’t have talked to you. You would be the last guy in his mind when he was spending them profits. When they lose, suddenly you become his best buddy. Fuck him. Just leave him be or feed him with the generic crap like “sorry mate you deserved better in life I hope everything will be great in the future”  If you try to fix somebody who doesn’t wanna get fixed, you’ll end up broken like him.
Well, obviously you won’t be remembered if he won and made profits. You could be the last option for him since the rest of his friends have been tired already of giving him financial assistance and yet, everything still fall on gambling. If I have a friend like this, I would never tolerate his actions also but will teach him lesson that gambling is only good for those who have extra money, but for those who’s facing critical with their finances, it’s better to avoid gambling as much as possible.

This only shows that OP has been facing gambling addiction without him knowing, or he knew it already, yet he’s afraid to admit. While helping a friend is a good deed, but having this type of situation, it’s better not to help him anymore so he can learn his best lesson and realize later on that gambling will put him in misery if he continues to gamble irresponsibly.

I won't judge the OP for being gambling addict himself just because he lent money to his friend. He can very well feel empathy even though his friend lost money to gambling, and he's just thinking that he had nothing to eat for the remaining days before his friend's salary.
But he can tell to his friend that next time he lost all his money to gambling, he won't give any penny to him. He needs to find something for himself to survive in the remaining days before he gets his funds.


Title: Re: Gambling until you go totally broke
Post by: swogerino on March 23, 2024, 09:50:38 PM
I have no sympathy for those losers. Had he won, he wouldn’t have talked to you. You would be the last guy in his mind when he was spending them profits. When they lose, suddenly you become his best buddy. Fuck him. Just leave him be or feed him with the generic crap like “sorry mate you deserved better in life I hope everything will be great in the future”  If you try to fix somebody who doesn’t wanna get fixed, you’ll end up broken like him.

I know an ex colleague of mine who we were not close at work at all,each one of us had their job in different departments and the maximum we greeted each other Good morning,Good day.One day though he called me exactly during salary day and asked me if I had 100 dollars to lend to him,I at first was completely shocked how come a person that just got the salary wanted 100 dollars but he explained to me that he had lost everything and had nothing to feed his family.I immediately helped as I thought it is better to lend someone 100 dollars and never see them again rather than not doing a good deed,I was stupid but I don't regret this fact as he never called me again from that day meaning that these guys are never to be trusted.From that day on I never lend a single penny to any of these type of guys.


Title: Re: Gambling until you go totally broke
Post by: Sandra_hakeem on March 23, 2024, 09:57:25 PM
Insanity isn't just a type of ailment that requires you to pull your clothes and hit the streets naked all the time... It could also be a byproduct of habits like this...
Insanity isn't just a type of ailment that requires you to pull your clothes and hit the streets naked all the time... It could also be a byproduct of habits like this...
I'm a gambler and I know how to spend wisely when the system comes calling. Gambling will trigger many many things in our life's but in everything, just ensured you're always on the right winning track this season.
I love your confidence and sense of understanding... But how would do you mean one should ensure to always be on the winning track?.. look, I'd even be an addicted gambler if I didn't caution myself over this ... Whatever strategies you might have that seems right ,doesn't really make it right...

Sandra 🧑‍🦰


Title: Re: Gambling until you go totally broke
Post by: entertheabyss on March 23, 2024, 10:04:23 PM
Insanity isn't just a type of ailment that requires you to pull your clothes and hit the streets naked all the time... It could also be a byproduct of habits like this...
I'm a gambler and I know how to spend wisely when the system comes calling. Gambling will trigger many many things in our life's but in everything, just ensured you're always on the right winning track this season, I know it's not easy but winning ought to be granted in all scenarios. Gambling until one go totally broke is never the plan and this is weigh out of the picture if you ask me. We gamble because we're in need of extra change but that doesn't mean we should go above the rules, rather we should be doing what we think is better.


Title: Re: Gambling until you go totally broke
Post by: serjent05 on March 23, 2024, 10:41:01 PM

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand,

One reason is that a person don't have a control over his gambling activity.  Probably he is hooked or addicted to gambling.  It is also possible he is chasing losses and got unlucky and decided to bet his last money.  In short it falls under irresponsible gambling habits.

Quote
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

NO i don't have any experience on such thing but I do experience emptying my bankroll in my gambling sessions, it is my limiter in gambling.  Either I win the target amount or emptied my bankroll.

Quote
Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

I always bet until the last fund I have in my casino account each session but it never made me broke because I always make sure that I only deposit the remaining fund after I allocated my finances for my family budget and bills.


Title: Re: Gambling until you go totally broke
Post by: Agbamoni on March 23, 2024, 11:01:16 PM
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
He got broke as a matter of gambling with greed. How can someone gamble till he lost his sences of reason of not knowing when to stop. I think that is the baisic problem of gamblers they always want to win big by chasing after loses, and end up becoming broke to the extent of depending on people or friends to survive. I guest he may have learnt his lessons this time. For me I think you should have just given him some money despite you knew he was lieying about the rent issue, then tell him never to do such again let it now be on his head.

Needs and wants that may have been the cause of him to continue gambling. Not all the time is greed. A person might be comfortable with his level of finances and have other expenses to take care which he needs extra fund. Gambling may be the only option he has to get more money so that he can do whatever he needs the money for.

I would appreciate if we reasoned the negative and positive side of things before jumping into conclusions. However, that doesn't mean such a person should use all the money that was planned for something in gambling. Self-control should be important, if a person lacks this, he won't be able to quit gambling even if he is wining. I think this is the most ideal problem such gambler OP mentioned is facing and your friend too.


Title: Re: Gambling until you go totally broke
Post by: Casdinyard on March 23, 2024, 11:07:53 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
Anyone who only knows you when they are in desperate times isn't worthy of a sliver of help from you, regardless of whatever they have going for them. And I'm not in any of that altruistic shit since living right now is financially taxing and difficult so I can't be sparing some change for someone who wouldn't do the same thing for me at the end of the day.

Even more when they are asking for your help after they just splurged all their money on a fucking casino night, nuh-uh. They for sure have other options that they could rely upon and only saw you as a leeway cause they probably know you have some money on you since you're dabbling in crypto, all the more reasons to not let people know how much you make and how much money you got no matter what. Good for you, it's not about teaching people a lesson, it's about letting them sit on the bed they made and realizing just how difficult living is when you don't have money, and when you don't play your cards nicely. Be diligent and prudent, if you can't then don't go asking people for help when you're down in your luck. Simple as it is.


Title: Re: Gambling until you go totally broke
Post by: Docnaster on March 23, 2024, 11:13:15 PM
Insanity isn't just a type of ailment that requires you to pull your clothes and hit the streets naked all the time... It could also be a byproduct of habits like this...
I'm a gambler and I know how to spend wisely when the system comes calling. Gambling will trigger many many things in our life's but in everything, just ensured you're always on the right winning track this season, I know it's not easy but winning ought to be granted in all scenarios. Gambling until one go totally broke is never the plan and this is weigh out of the picture if you ask me. We gamble because we're in need of extra change but that doesn't mean we should go above the rules, rather we should be doing what we think is better.
Your submission about the subject matter is absolutely valid mate and I'm very impressed with it. As I've always maintained, every gambler is supposed to sensitive enough to know when it's actually not a good day at the office for him and whenever such is noticed, the best approach is to quit gambling at that very moment in order not to lose more money than he's capable of managing the loss.
Gambling until one goes totally broke is majorly practiced by gambling addict and it's a very bad omen as it's rendered so many people useless. When gambler gambles till he's totally broke, he's very likely to become depressed at the end of the day and would be vulnerable to indulge in illicit activities in other to raise more money to satisfy his gambling addiction. Gambling isn't a bad habit when controlled but when a gambler can only gamble can't control his gambling activities, it becomes a very big issue to worry about


Title: Re: Gambling until you go totally broke
Post by: Fivestar4everMVP on March 23, 2024, 11:18:49 PM
I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.
He got broke as a matter of gambling with greed. How can someone gamble till he lost his sences of reason of not knowing when to stop. I think that is the baisic problem of gamblers they always want to win big by chasing after loses, and end up becoming broke to the extent of depending on people or friends to survive. I guest he may have learnt his lessons this time. For me I think you should have just given him some money despite you knew he was lieying about the rent issue, then tell him never to do such again let it now be on his head.

Needs and wants that may have been the cause of him to continue gambling. Not all the time is greed. A person might be comfortable with his level of finances and have other expenses to take care which he needs extra fund. Gambling may be the only option he has to get more money so that he can do whatever he needs the money for.

I would appreciate if we reasoned the negative and positive side of things before jumping into conclusions. However, that doesn't mean such a person should use all the money that was planned for something in gambling. Self-control should be important, if a person lacks this, he won't be able to quit gambling even if he is wining. I think this is the most ideal problem such gambler OP mentioned is facing and your friend too.
Well, I have to honestly with you, self control, which also gives birth to "knowing when to stop" is a essential attribute or character every gambler should and or must possess, proper funds management, most especially, for salary earners who know that once they go broke, they is no other means of getting funds aside from borrowing, and this is if the person finds someone who agrees to lend out.

I personally have gone extreme with gambling in the past, a couple of times actually, but to be honest, like I said in the op, I've never arrived at such a stage where I gamble until i am completely broke with no cash at hand, and no money in my bank account, those who do this lack proper fund management, as well as self control, which is the ability to control their gambling drive, or orge/urge - how ever or whatever we choose to call it.


Title: Re: Gambling until you go totally broke
Post by: Odusko on March 23, 2024, 11:28:35 PM
Just know that you have not helped the guy in any ways by giving him that $20 and just take it that you have given him the money because he is not going to pay back, just like he gambled away everything, just know that he is going to gamble with this current money you borrowed him and ending up losing again on the long run, so he may be gambling more with the extra cash you gave him.
It's absolutely clear that the friends already know about his gambling problem and that is why they refused to step in for him since he is not responsible with his gambling activities and that will not change unless he be ready to change his pattern of gambling.


Title: Re: Gambling until you go totally broke
Post by: macson on March 23, 2024, 11:32:38 PM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
It has happened to me before several times which means I was addicted. If it happens just ones and the person learn his lesson and stop the stupid gambling habit, he is not addicted. But if he continues, it means he is an addict. It is possible that his close friends borrowed him money already or they know he is using his money to gamble and not want to borrow him money. Only the money that I can be able to give the guy as a friend that I can borrow him because likely he may not pay back or take longer time to pay back.
be one hundred percent sure that a gambler will never want to return the money they borrow unless they win a large jackpot, so stay away from gamblers as much as possible, even if they are your close friends or relatives.  until now my ex-friend still owes me $1000, at that time he said the money was for medical treatment but in fact he used the money for gambling so from then on i cut ties with my friend.


Title: Re: Gambling until you go totally broke
Post by: GigaBit on March 23, 2024, 11:34:21 PM
An addicted gambler's common sense doesn't work. So even if those gamblers can be helped a lot, they will soon forget about that help. If a debt is owed to the gambler he will not repay the debt. And if he has the ability to repay then he will try to repay the money after winning more. Thus at some point he will fail to repay the money he has borrowed. If they can be given a better job than lending to gamblers, I think they can recover from addiction. But it is not completely possible. Because there are some gamblers who carry out gambling during their duty even they carry out gambling even after losing their monthly total money. Even if he helps only with money, he may come back for help again sometime. Instead of giving them money, it would be more effective to provide them job.


Title: Re: Gambling until you go totally broke
Post by: Mrbluntzy on March 23, 2024, 11:48:49 PM
Such behavior demonstrate that he is either a gambling addict or he is yet to become addicted. If he is not yet addicted to gambling, kindly advice him to redirect his footsteps now that it could still be early for him to stop. If he became so addicted to gambling, so he will continue to ask people for loan. I can borrow a gambler some money but he must be a gambler who has a real job you are doing and we must also have an agreement on the action I would take when he fail to repay.


Title: Re: Gambling until you go totally broke
Post by: alani123 on March 23, 2024, 11:58:52 PM
I know that for poor people especially, gambling is like their thought of making it.
Since for a poor person, saving up a lot of money is very much a distant dream, going broke with what they have at hand at a gambling parlor is not much different from their every day life. There's a saying in my country going a bit like:
A man who is wet is not afraid of rain.

So someone living paycheck to paycheck won't care spending their last dimes on a slot machine. Spending another week on rice and beans isn't going to change much with saving a few dimes. Getting a max win however, could supplement their disposable income that they'd earn in one or two years. So even though by chance alone someone spending any amount in gambling every week would lose more than any max win in the long run, when they hit this max win it can be a huge break for a poor person.


Title: Re: Gambling until you go totally broke
Post by: Kemarit on March 24, 2024, 12:27:08 AM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

It all goes down to the emotions the psychology. It seems that his decision is clouded already and and so his reaction is not normal. And it just beg us to question how can gambling do this to anyone here amongst us?

And there are no definite answers to be honest. We say that we should control our emotions, but how many times, including myself, has spend life savings to gambling because we wanted to get back and chase that lose?


Title: Re: Gambling until you go totally broke
Post by: Dewi Aries on March 24, 2024, 02:07:00 AM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

It all goes down to the emotions the psychology. It seems that his decision is clouded already and and so his reaction is not normal. And it just beg us to question how can gambling do this to anyone here amongst us?

And there are no definite answers to be honest. We say that we should control our emotions, but how many times, including myself, has spend life savings to gambling because we wanted to get back and chase that lose?

It's true that it all depends on the level of emotion that exists within, and maybe I would say that someone who has a personality that is easily provoked or sensitive when things don't go their way even if it's trivial then maybe I would say that they are the ones who will really spend all their money without leaving any for the benefit of life. On the other hand, in my opinion, one of the reasons why gambling can make someone not even hesitate to do things outside of common sense is because gambling has many things that look tantalizing to the eye that most people think that luck is near or "that's what I'm looking for and a little more I'm here", which in fact all of this is nothing more than a feeling but they are very confident in something that is actually still gray or cannot know about the outcome.

True, basically all the ideas that lead to precautions and limits are still uncertain, most of them always break the rules that they have made themselves, but I think it is normal because we are human beings who have an attraction to something that looks very tempting that sometimes we do it unconsciously, but I think risking all life savings with just one round is too crazy a decision.


Title: Re: Gambling until you go totally broke
Post by: ethereumhunter on March 24, 2024, 04:20:09 AM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

It all goes down to the emotions the psychology. It seems that his decision is clouded already and and so his reaction is not normal. And it just beg us to question how can gambling do this to anyone here amongst us?

And there are no definite answers to be honest. We say that we should control our emotions, but how many times, including myself, has spend life savings to gambling because we wanted to get back and chase that lose?
That's why when people decided to playing gambling, they must always remember that they must have self-control to prevent the loses. They will not used much money to playing gambling because they knows that will gives big risks and when they loses, they will tempts to continue playing gambling. At that time, they will wants to recovers their losses without thinks about stopping gambling or take a break for a while. They desire will fills of wanting to gets their money back which is not easy because they are in the gambling that doesn't guarantee them to make money.

Yes, we already have that bad experience, but I am sure we wants to stop that bad experience so we must control ourselves. Only by that we can prevents the big lose that can comes to us. We must take care of ourselves if we don't wants to have the same experience


Title: Re: Gambling until you go totally broke
Post by: Findingnemo on March 24, 2024, 05:27:23 AM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

From my understanding the person isn't addicted to gambling at all, he must be struggling with something in his personal life and thought gambling will give a break from it so he went on trying to make money or just to enjoy the time being but at the end it turns out to be as expected.

We can't be sure that we always on the right thinking especially when we are going through rough time periods.


Title: Re: Gambling until you go totally broke
Post by: Wexnident on March 24, 2024, 05:33:16 AM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
I wonder the same. I dunno, it might just be a difference in mindset when growing up? I for one can not calm down at all whenever I've got no money left to spend for even a day. So the fact that they can readily spend money they're supposed to use for the month (or even week) is kind of baffling really.

I guess it just shows how they're used to that, or had always had a backup plan of sorts whenever such things happen. I do have someone to fall back to whenever an emergency comes up and I need money direly, but I've never really considered the idea of reaching out to them outside of emergencies and well, spending all my money to gamble doesn't really count as one in my book.


Title: Re: Gambling until you go totally broke
Post by: Don Pedro Dinero on March 24, 2024, 05:44:27 AM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before?

I personally do not, but I do remember many years ago at a place where I used to go and there was a slot machine, where I started to play from time to time with my friends, a man who had collected the month's salary, in cash, throwing money into the machine and changing one bill after another, spending the whole afternoon until he lost all the money for the month.


Title: Re: Gambling until you go totally broke
Post by: Mia Chloe on March 24, 2024, 06:47:27 AM
Anyone who gambles, involves in gambling activities and even place bets and make stakes till their last cash is all burnt up is no doubt an addict. Why on earth  will someone who isn't  a gambling addict continue to place gambling bets over and over again until they go totally broke. If gambling is a fun activity, as a rational and responsible human being you should have priorities that are more important than having fun.
Spending your last cash on something isn't a bad decision however what is concerning is what you are actually spending the money on. If it turns out to be something that shouldn't be given that much priority and attention then you are obviously on the wrong track. Gambler should be careful to avoid things that could condemn their gambling habits into nasty addictions.


Title: Re: Gambling until you go totally broke
Post by: angrybirdy on March 24, 2024, 06:52:00 AM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before?

I personally do not, but I do remember many years ago at a place where I used to go and there was a slot machine, where I started to play from time to time with my friends, a man who had collected the month's salary, in cash, throwing money into the machine and changing one bill after another, spending the whole afternoon until he lost all the money for the month.

same as you, I don't have any experience something like that, but I want to share the experience of one of my closest part of my family here. Actually at first he didn't really gamble but when the time came when one of his friends came back to our area and asked him to gamble only when he had free time, since his friend only went home to our area once, he gave in the request, until it took weeks and months that gambling became his daily routine, then the worst was when his friend took him to the casino to play poker and then he didn't know what was happening because he was too much focus on gambling. He brought the money from his business as well as his entire savings since he is not used to keeping money in the bank, he brought all the cash to the casino and then it was all used up in just 2 days, that's how bad it happened, all his money was used up and His business also went bankrupt, it reached the point where he almost committed suicide because of the problem he caused himself, but it didn't happened because one of our relatives talked to him. How is he now? It's been almost 15 years since he didn't gamble and he also adapted the culture of the Arabic country so he's no longer interested in gambling because it is prohibited in arabic country.


Title: Re: Gambling until you go totally broke
Post by: SmartGold01 on March 24, 2024, 07:17:54 AM
I must tell you the truth I have never found myself in that condition and I will never keep myself in such condition as well usually as a gambler he should have allocated a specific amount used for gambling instead of gambling till he loses his last money while thinking he could recover it while gambling.

This is the part that I don't usually like from friends they don't things and have a reserved funds or something like a spare cash which would sustain them after they might have ran out of cash, and of course they have someone which they can look up to otherwise I can't factor why a full grown man gamble till he emptied his account both physical and online.

If someone like that comes to me with this explanation well I won't see to them because it's carelessness and besides they didn't even asked if I was having a spare cash or whether if I am not in need of money to take sustain myself, as humans we are we should try our possible best to gamble with caution because when they go broke and don't have alternative to back up this might lead them doing something illegal or unlawful to sustain themselves.


Title: Re: Gambling until you go totally broke
Post by: bakasabo on March 24, 2024, 07:55:31 AM
Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.


Title: Re: Gambling until you go totally broke
Post by: Crypt0Gore on March 24, 2024, 08:13:17 AM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

If anyone, especially a grown-ass man has nothing in his bank account or at hand then something very bad has happened, if you find out that they are into gambling then thats the problem, they must have lost everything to gambling and i doubt they recently lost everything, most I know are into gambling as gradual hobby, they keep losing money over and over and they don't know how to readjust their strategy.

Your friend is already addicted to gambling, the 20$ you are sending to him can also be used to gamble again, I hope he knows that he is on trouble, if an addict knows and admits that he is addicted to gambling, he will be able to work on himself to stop his addiction.

If you can, I think you should tell him that he is addicted to gambling, there is no way he can lost everything in a single or two rounds of games, he must have been gambling for a while, you said its been long since you guys talk? I bet he has been busy, with gambling all this while, let him know that he needs to be aware that he is addicted to gambling and only him can stop the addiction.


Title: Re: Gambling until you go totally broke
Post by: Cryptoprincess101 on March 24, 2024, 08:24:10 AM
Snip~~
I do have a brother that also gambles with allowances my Dad gives us when we were in school and later he would come to me to seek for help and I do render help to him till I noticed how addicted he has been even to the extent that he was owing most of his friends and when I realized that I stopped giving him money and adviced him to quit gambling, he later entered into smoking due to depression and confusion, I told my dad about the habit he had developed and my dad arrested him and he was detained for a while tortured and signed an undertaken never to smoke or gamble again, when he was released he changed and my dad opened a business for him and now he is doing well.

Sometimes, it is not advisable to have compassion on someone that becomes so irresponsible to the extent of losing so much money to gambling because no matter how you try to help them, they don't feel like they are getting enough help and will continue gambling and pestering you all the time, so you just allow them to face the consequences of their actions then no body will advice him to quit when he runs into trouble.


Title: Re: Gambling until you go totally broke
Post by: Assface16678 on March 24, 2024, 09:02:55 AM
Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.
Exactly. That's why those who are afraid of losing their money should never even start entering or trying gambling. Its because losing in gambling is like sinking your foot into the quicksand; the more you struggle to recover your losses or to earn, the more you will sink, and little you know, you are already in despair. That is the common happening of those who get addicted to gambling or are miserable in gambling. Its because they want to recover what they have lost as they are having regrets on losing it, but that is the trap of gambling; the more you want, the more you become miserable. From the OP friend, he keeps doing it until he is in the corner and no one could help him anymore. It's sad, but it's happening all over the world of gambling. Many people have committed crimes just for the sake of gambling.


Title: Re: Gambling until you go totally broke
Post by: boty on March 24, 2024, 09:28:26 AM
Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.
When someone has experienced failure in the bet they are playing, of course it would be better for them not to continue gambling so as not to experience continued losses, because when they continue gambling while experiencing losses, of course they will not be able to control themselves so they gamble with emotions and this will make us very uncontrolled in the bets we play, it will be very difficult to be able to warn someone who is addicted to gambling because they will never hear any advice when they want to gamble.


Title: Re: Gambling until you go totally broke
Post by: knowngunman on March 24, 2024, 10:28:37 AM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

The part in your post that I emboldened is how it started and before you know it you'll go bankruptcy some days if care is not taken. The fact that you can gamble every single cash in your hand simply means there's possibility you could gamble with the money in your account too one day if you continue like that. This is all about self control and nothing more. At a time, we have a budget of what we intend to spend on gambling out of money on our hand but we do neglect the budget sometimes and gamble everything. It is a sign of lack of self control but for some of us who have partial control of ourselves, we stop when we exhaust the cash in our hand but those with low self control will try to go extra miles and start gambling from the money in their account.

I have not experienced it myself but a friend of mine has been in this situation for several times but trust me, it's a pity and terrible experience witnessing how remorseful they are whenever things like that happen. They often tag it as devil doings but devil is innocent of their actions, it's their own responsibility. For someone who is aware they easily lose their control, it's better to stay away from gambling when they know there's no sufficient funds to gamble and still sustain themselves. Even in profitable businesses, you don't risk all your money without having a reserve to sustain yourself in case of setbacks talk more of gambling where there is no assurance of return of investment.


Title: Re: Gambling until you go totally broke
Post by: Makus on March 24, 2024, 10:43:40 AM
Gambling until you go totally broke is just a sign of addiction an irresponsible gambling, and it need to be stopped else the person might even start taking loans to gamble or even start engaging in fraudulent activities to get money for gambling. And one of the major causes of gambling till you go broke is chasing after your loss. The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back,  but that is just a trap to loose even more.


Title: Re: Gambling until you go totally broke
Post by: Obim34 on March 24, 2024, 11:00:17 AM
Gambling until you go totally broke is just a sign of addiction an irresponsible gambling, and it need to be stopped else the person might even start taking loans to gamble or even start engaging in fraudulent activities to get money for gambling. And one of the major causes of gambling till you go broke is chasing after your loss. The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back,  but that is just a trap to loose even more.
Yes, I would agree with you, his actions defines one who is addicted or on the process of getting addicted. It may look common to him but he doesn't know the danger and consequences of his action. You better talk him into reducing his level of gambling if it exceeds more than this he may go broke, owe loans and probably become homeless.


Title: Re: Gambling until you go totally broke
Post by: Stable090 on March 24, 2024, 11:15:05 AM
Just know that you have not helped the guy in any ways by giving him that $20 and just take it that you have given him the money because he is not going to pay back, just like he gambled away everything, just know that he is going to gamble with this current money you borrowed him and ending up losing again on the long run
Don’t be surprise that the $20 which the OP gave to the person might be used for gambling, his intention might not to use it to take care of himself, but to gamble. A person that can gamble with everything he is having with him, how sure are you that he is not going to use the $20 to gamble also? It’s obvious that the person is addicted to gambling, and we all know that addicted gamblers can do some crazy things, am not surprised by their behavior.

be one hundred percent sure that a gambler will never want to return the money they borrow unless they win a large jackpot,
If you can borrow a addicted gambler money, then never expect it back, most of them will never return the money back, only if you will forcefully take the money back from them, but if you think you can easily take the money, then you are just deceiving yourself, even if some of them hit a jackpot, they won’t return the money, they will claim they have forgotten they borrowed money from you.


Title: Re: Gambling until you go totally broke
Post by: AnonBitCoiner on March 24, 2024, 11:25:11 AM

When someone has experienced failure in the bet they are playing, of course it would be better for them not to continue gambling so as not to experience continued losses, because when they continue gambling while experiencing losses, of course they will not be able to control themselves so they gamble with emotions and this will make us very uncontrolled in the bets we play, it will be very difficult to be able to warn someone who is addicted to gambling because they will never hear any advice when they want to gamble.

After a consecutive losses if someone still involved in non stop gambling then he will continuesly loss money and a day will not far when he loss all the money and become a gambling addictive. Stopping stage should always be there after a continues loss and after a big reward so in such case nobody will be too greedy and will not be an addictive of gambling.

We cannot understand a gambler until he understand the fact by himself that gambling is just spoiling his life and if gambling was a successful field then every family will give permission to their children to be a part of gambling and a gambler will be consider as a respectable person in a society.


Title: Re: Gambling until you go totally broke
Post by: puloweh555 on March 24, 2024, 11:36:37 AM
It's definitely rough when a friend hits you up for cash because they blew it all gambling. I've had my own moments of going too far with gambling but luckily I've never been completely broke. When I realized I was risking too much, I stopped and kept what I had for important stuff. It's all about knowing when to pull back and take care of yourself. If you ever find yourself in that spot, it's okay to say no to that last bet and prioritize what's really important. And reaching out for support or advice can make a big difference too
When a friend asks for money to gamble again, it's a good idea not to give it, not because we are stingy with him, but this is a wise way to prevent him from becoming addicted to gambling. Because he asks for money to compensate for the losses he received previously, even though we know that in gambling, having this kind of character is very dangerous for gamblers, especially if he gambles until he goes bankrupt and continues to ask his friends for money. I also often meet friends like this, not only in offline gambling, online gambling, my friends also gamble until they go bankrupt and end up with a lot of debt.

But luckily I don't gamble like that, I have an allocation every three days to gamble. If I win I will withdraw money on a spree, even if I lose I don't stress. It is very important to manage your finances if you want to gamble, so that we avoid bankruptcy, let alone selling property and getting into debt to friends.


Title: Re: Gambling until you go totally broke
Post by: shivansps on March 24, 2024, 11:46:58 AM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

Most likely, your friend is not the only person who has encountered this problem. The problem is an addiction that develops over time or is immediately present to a person. And here we can talk not only about gambling addiction, but also about other things. Personally, I was addicted to drugs and constantly spent my last money on drugs and was left without a penny. But then the Lord freed me from this. Therefore, if someone has serious problems with gambling addiction (when a person spends his last money on a game/casino/betting and then calls to borrow money, then this is an addiction) then turning to God may be a way out. I know this from my own experience.
In your case, perhaps I would lend the person these 20 dollars, but if this happened again, I most likely would not do it again


Title: Re: Gambling until you go totally broke
Post by: shivansps on March 24, 2024, 12:14:11 PM
Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.
When someone has experienced failure in the bet they are playing, of course it would be better for them not to continue gambling so as not to experience continued losses, because when they continue gambling while experiencing losses, of course they will not be able to control themselves so they gamble with emotions and this will make us very uncontrolled in the bets we play, it will be very difficult to be able to warn someone who is addicted to gambling because they will never hear any advice when they want to gamble.

I agree with you that it is very rare to listen to someone who has had a negative experience with something, such as gambling. People learn from their mistakes, but not always. Very rarely do people learn from other people's mistakes. But you should always tell people about your mistakes. Even if a person does not listen to you, the responsibility will already be on him, because he had the information but did not use it. But if you don’t tell him, you won’t know for sure whether he would take your advice or not.


Title: Re: Gambling until you go totally broke
Post by: Strongkored on March 24, 2024, 12:16:15 PM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?
I have never experienced it and will never do it because it is a very stupid act, spending all the money even in the bank account and people who do this are very likely to commit even more stupid acts by stealing or lying to other people in order to continue funding their gambling.

I often spend the remaining money in my casino account untill zero when the results of some games are disappointing and usually I will immediately play a game that will be difficult to win and I do this so that I can stop immediately because leaving money in my casino account will only make me come back the next day so it becomes I gamble more often, I really avoid this because I am busy with many things and gambling often will only disturb my concentration to other activities.


Title: Re: Gambling until you go totally broke
Post by: borovichok on March 24, 2024, 12:28:07 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

I understand that you were touched by his story and so you offered to lend him money but that was a wrong decision. He is an addicted gambler and that is why none of his close friends offered to help him. Who knows that might be a recurring action and his friends are already fed up but his constant problem gambling. You would have ignored him since he created his problem by himself. Imagine him suffering for that action, he will learn and be careful next time knowing that nobody will come to his aid if he dares lose all his money so he will apply caution when he gambles.

One of the ways you can help an addicted gambler is to prevent him from having access to money. If an addicted gambler is not given money and is not allowed to borrow or sell properties he will minimize the rate he gambles. The availability of funds to fuel gambling addiction is why an addict continues to gamble.


Title: Re: Gambling until you go totally broke
Post by: Unbunplease on March 24, 2024, 12:28:38 PM
When a person is too addicted to gambling, it is difficult for them to remain adequate. Therefore, a person simply forgets about losses and is ready to take additional credits to stay longer in this gambling atmosphere. Casinos subtly feel the psychology of players, so they do everything to maintain the necessary environment


Title: Re: Gambling until you go totally broke
Post by: Jody.Drummer on March 24, 2024, 01:28:20 PM
When a person is too addicted to gambling, it is difficult for them to remain adequate. Therefore, a person simply forgets about losses and is ready to take additional credits to stay longer in this gambling atmosphere. Casinos subtly feel the psychology of players, so they do everything to maintain the necessary environment

Obviously, gambling addiction is the most difficult phase for someone to be in a balanced situation, most of them are not able to control their gambling activities especially not able to control themselves in terms of emotions when they lose, one of the reasons that makes sense is because someone who is addicted usually they have the wrong intentions and goals in gambling such as coming to earn so when they lose or lose then they will be very difficult to accept the fact of losing it.

They come to earn and not to lose but what they don't understand is that gambling is not a place to earn so it is clear and natural that their excesses bring disaster, as you said that casinos know and realize the greed that is in the mind of a gambler so it is a good opportunity for casinos to be able to further drain all the money that addicts have until they are completely bankrupt and lose all their money.


Title: Re: Gambling until you go totally broke
Post by: Kelvinid on March 24, 2024, 01:41:38 PM
I understand that you were touched by his story and so you offered to lend him money but that was a wrong decision. He is an addicted gambler and that is why none of his close friends offered to help him. Who knows that might be a recurring action and his friends are already fed up but his constant problem gambling. You would have ignored him since he created his problem by himself. Imagine him suffering for that action, he will learn and be careful next time knowing that nobody will come to his aid if he dares lose all his money so he will apply caution when he gambles.

One of the ways you can help an addicted gambler is to prevent him from having access to money. If an addicted gambler is not given money and is not allowed to borrow or sell properties he will minimize the rate he gambles. The availability of funds to fuel gambling addiction is why an addict continues to gamble.
He offered money for pity action, not with the intent of helping his friend to go back gambling. I believe that if you are really a helping person and if you have money, it is not a surprise for you to give to other people. We never know and from that money, he will change his life and stop gambling. Some people just open their minds when already suffered the consequences of their wrongdoings. Maybe, this is a tool to help his friend go to the right path.

Addicted people need some care and advice. It was not only the money they needed but also, friends, family, and relatives to talk and share their feelings.


Title: Re: Gambling until you go totally broke
Post by: slapper on March 24, 2024, 02:18:47 PM
But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

The part in your post that I emboldened is how it started and before you know it you'll go bankruptcy some days if care is not taken. The fact that you can gamble every single cash in your hand simply means there's possibility you could gamble with the money in your account too one day if you continue like that. This is all about self control and nothing more. At a time, we have a budget of what we intend to spend on gambling out of money on our hand but we do neglect the budget sometimes and gamble everything. It is a sign of lack of self control but for some of us who have partial control of ourselves, we stop when we exhaust the cash in our hand but those with low self control will try to go extra miles and start gambling from the money in their account.

I have not experienced it myself but a friend of mine has been in this situation for several times but trust me, it's a pity and terrible experience witnessing how remorseful they are whenever things like that happen. They often tag it as devil doings but devil is innocent of their actions, it's their own responsibility. For someone who is aware they easily lose their control, it's better to stay away from gambling when they know there's no sufficient funds to gamble and still sustain themselves. Even in profitable businesses, you don't risk all your money without having a reserve to sustain yourself in case of setbacks talk more of gambling where there is no assurance of return of investment.
If you're gambling too much, bankruptcy is possible. Playing with fire is a recipe for disaster. Consider that spending all your money and then borrowing from yourself is a negative spiral. This is self-sabotage, not temptation

The issue is self-control, or lack thereof. Setting a boundary is fine, but addiction defeats it. No one wins by going broke; that's when terrible decisions begin. Anyone spending savings has lost perspective

Friend regrets it? That's suspicious, man. Dismissing it as devil's work is weak. Act responsibly. Gambling involves odds, but investing is different. Knowledge-based investing is calculated. Bottom line: gambling for fun is different from thinking it can solve your money difficulties. If you like the adrenaline, gamble, but never risk more than you can afford to lose


Title: Re: Gambling until you go totally broke
Post by: knowngunman on March 24, 2024, 03:40:06 PM
If you can borrow a addicted gambler money, then never expect it back, most of them will never return the money back, only if you will forcefully take the money back from them, but if you think you can easily take the money, then you are just deceiving yourself, even if some of them hit a jackpot, they won’t return the money, they will claim they have forgotten they borrowed money from you.

This is not only applicable to gamblers, it's human nature in general. People find it hard to repay the money they borrowed unless you constantly on their neck to collect your money. I subscribe to the idea that says be nice to people but don’t borrow them money because they won't pay back unless you can afford to let go of that money. Talking from experience, I can testify that addicted gamblers are some kind of breeds that really don't care about settling their debt. They will rather gamble with whatever they have than to pay you back your money. My experience with one or two of them really taught me some lessons and I don't think I will lend any gambler money again.

If you're gambling too much, bankruptcy is possible. Playing with fire is a recipe for disaster. Consider that spending all your money and then borrowing from yourself is a negative spiral. This is self-sabotage, not temptation

The issue is self-control, or lack thereof. Setting a boundary is fine, but addiction defeats it. No one wins by going broke; that's when terrible decisions begin. Anyone spending savings has lost perspective

It's not even about gambling too much, it's about capability. You can gamble as much as you can if you have enough funds as long as it's not greater than your earning or above what you can afford to lose but gambling at the expense of your savings is detrimental. I like that your statement that no one wins by going broke. In fact, it will make you more broke if you think that's the way to win. Responsible gambling has been the preach of the game but people neglect it as nothing will happen and then end up with crazy decisions when it finally happens.


Title: Re: Gambling until you go totally broke
Post by: famososMuertos on March 24, 2024, 03:50:15 PM
Next time, OP, grab your friend, put him in your car, take him to a specialized medical center, or a psychiatrist, if those types of specialized centers do not exist in your city, and have him reset his medicine, then take him to therapy every day. Then, you are next to him, until I reach to always be medicated and over time, under this medical supervision, he can be managing his life again.

He is a patient, it is that simple, the complex pathology of gambling addiction cannot be cured with Words; "I'm going to help you," or giving him money, requires action.

#TBT Topic



Title: Re: Gambling until you go totally broke
Post by: Accardo on March 24, 2024, 04:40:19 PM
Gambling until you go totally broke is just a sign of addiction an irresponsible gambling, and it need to be stopped else the person might even start taking loans to gamble or even start engaging in fraudulent activities to get money for gambling. And one of the major causes of gambling till you go broke is chasing after your loss. The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back, but that is just a trap to loose even more.
Yes, I would agree with you, his actions define one who is addicted or on the process of getting addicted. It may look common to him, but he doesn't know the danger and consequences of his action. You better talk him into reducing his level of gambling if it exceeds more than this, he may go broke, owe loans and probably become homeless.

The guy in the context is quite not fully addicted, but his attitude shows he could get addicted. However, we are not sure of the level of addiction he's got. It's a story he told the Op, nobody knows if his gambling friend made it up or not, to fetch money to gamble more. But, taking it as the truth, he could be close to addiction, and if he's receiving enough funds from his stories, he may end up normalizing the behavior, till he's fully addicted. Most gamblers who earn salaries, jeopardize the purpose of the money they receive from their company. However, it's not worth it to go back home with nothing after visiting the casino, looking for more money always hits the senses of the supposed gambler. Moreover, life begins to get difficult financially in the gambler's life. And he could develop some emotional troubles.

What you said, Obim, corresponds with my previous response, Op has work to do, which is reaching out to his friend. He could need serious help. Unfortunately, they may be living in a far distant locality. On the other flip, come to think of it, people also spend money on other utilities until they go broke. Going broke isn't bad, I mean, why is it so difficult for gamblers to make it out of brokenness when gambling is the cause of it? Everyone goes broke at some point, after purchasing or paying some bills. Gamblers only have to resist the urge to finish their money with no regard for other responsibilities. I think that's what affects players. The load from other bills; food, electricity, etc hits them hard. And the person will fall back into depression.


Title: Re: Gambling until you go totally broke
Post by: Gozie51 on March 24, 2024, 05:16:36 PM

The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back,  but that is just a trap to loose even more.

The urge to win back your money doesn't even let that addict gambler to realize that as trap and that he could lose more. Just like you have made the analysis of salary. I have seen someone, a father after receiving his salary went to gamble in a gaming house and unfortunately for him his loses didn't make him realize that to continue playing is more risky than going home. He eventually kept trying his luck to win back his salary but he didn't succeed and all he was left with was money that will barely take him home and he was despondent.

It is sure to say that one reason for more loses is trying to get back the loses from your gambling bets. The best is walking away when you are not making profit.


Title: Re: Gambling until you go totally broke
Post by: Zoomic on March 24, 2024, 06:15:08 PM

The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back,  but that is just a trap to loose even more.

The urge to win back your money doesn't even let that addict gambler to realize that as trap and that he could lose more. Just like you have made the analysis of salary. I have seen someone, a father after receiving his salary went to gamble in a gaming house and unfortunately for him his loses didn't make him realize that to continue playing is more risky than going home. He eventually kept trying his luck to win back his salary but he didn't succeed and all he was left with was money that will barely take him home and he was despondent.

It is sure to say that one reason for more loses is trying to get back the loses from your gambling bets. The best is walking away when you are not making profit.


It is never easy for a gambler who has once recorded a huge win to quit gambling just like that because more wins ain't forth coming. The quest to win again beclowds their sense of reasoning that they begin to think of nothing else aside winning all their games. As we know, a lot of sacrifices must be made in order to achieve what they have been chasing (no pain, no gain ;D). Those first winnings every gambler makes can really be a trap for gamblers who are not careful. The careless ones will easily get carried away with the thought of changing their lives with money they will still lavish if they eventually win.

Gambling is not actually the problem,  the problem is the gamblers who build so much hope on gambling that they are not even sure they will win, making unnecessary sacrifices just to win. Why on earth will a gambler gamble till he goes broke and still land himself in debts. Responsible gambling is not outdated, it is very necessary to keep us safe from troubles.


Title: Re: Gambling until you go totally broke
Post by: stomachgrowls on March 24, 2024, 06:33:01 PM

The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back,  but that is just a trap to loose even more.

The urge to win back your money doesn't even let that addict gambler to realize that as trap and that he could lose more. Just like you have made the analysis of salary. I have seen someone, a father after receiving his salary went to gamble in a gaming house and unfortunately for him his loses didn't make him realize that to continue playing is more risky than going home. He eventually kept trying his luck to win back his salary but he didn't succeed and all he was left with was money that will barely take him home and he was despondent.

It is sure to say that one reason for more loses is trying to get back the loses from your gambling bets. The best is walking away when you are not making profit.


It is never easy for a gambler who has once recorded a huge win to quit gambling just like that because more wins ain't forth coming. The quest to win again beclowds their sense of reasoning that they begin to think of nothing else aside winning all their games. As we know, a lot of sacrifices must be made in order to achieve what they have been chasing (no pain, no gain ;D). Those first winnings every gambler makes can really be a trap for gamblers who are not careful. The careless ones will easily get carried away with the thought of changing their lives with money they will still lavish if they eventually win.

Gambling is not actually the problem,  the problem is the gamblers who build so much hope on gambling that they are not even sure they will win, making unnecessary sacrifices just to win. Why on earth will a gambler gamble till he goes broke and still land himself in debts. Responsible gambling is not outdated, it is very necessary to keep us safe from troubles.
The real deal on here is that on the time that gamblers would really be able to experience up those loses and if they do able to hit up a single huge win then those frustrations and anger that they do have earlier
would really be wiped away and this is where it would really be restarting that they will really be needing to play even more to hit up more even more bigger winnings and this what makes this gambling
business to become that too profitable for those owners because human beings are naturally greedy and impulsive on which it comes into a point that they would really be having those thoughts that
they could make themselves that getting rich with gambling and this is something that they will really be that having that main thing in their minds.

You wont really be stopping not until you would be able to experience those things on which you havent been able to experience on which this is actually sad kind of thinking
because you do mess up your life before you would really be stopping completely which is absurd.


Title: Re: Gambling until you go totally broke
Post by: Dewi Aries on March 25, 2024, 02:05:21 PM

The fear of returning home with half of your salary of money for something else is just pandering your heart and you think the only solution to play more, maybe you'll get lucky and then win it back,  but that is just a trap to loose even more.

The urge to win back your money doesn't even let that addict gambler to realize that as trap and that he could lose more. Just like you have made the analysis of salary. I have seen someone, a father after receiving his salary went to gamble in a gaming house and unfortunately for him his loses didn't make him realize that to continue playing is more risky than going home. He eventually kept trying his luck to win back his salary but he didn't succeed and all he was left with was money that will barely take him home and he was despondent.

It is sure to say that one reason for more loses is trying to get back the loses from your gambling bets. The best is walking away when you are not making profit.

Unconsciousness plays an important role in these situations, or what it means is that they do it unconsciously and chasing defeat is an action or decision that results from emotional impulses where they are unable to accept the fact of losing in the previous session which in the end it is clear that emotions will dominate and those emotions will push them to some actions that actually do not make sense and will only trap themselves as you said above which in the end yes they even lose more and I think that is a case that has happened quite often and experienced by gambling addicts before.

Like the father you told me about where he was willing to spend all the pilgrimage from his job to gamble, I am sure that initially he never had the intention of spending all his money but because he was unable to accept the fact of losing money from his salary due to defeat then after that obviously emotions will push himself to risk more with the aim of restoring something that has been lost and I say that this is a typical gambler who comes with the intention to earn or maybe I would also say that he is a loser who wants to win but is not ready to accept the risk of losing. However, healthy gambling is when you are able to draw the line at the right time.


Title: Re: Gambling until you go totally broke
Post by: topbitcoin on March 25, 2024, 03:17:46 PM
A non-stop gambling activity, where they continuously place a number of bets, until they no longer have a certain amount of money to bet. It's crazy, but this really happens to some gamblers. The winnings they get really make them addicted to gambling for a long time and continuously placing bets. while the defeat they experience can really make them even more curious about gambling. Of course, this behavior will only cause losses in the long term and can also eliminate the results we get from gambling.

And to prevent us from irresponsible behavior in gambling. So we must be able to limit ourselves from gambling activities, so that we can ensure that the gambling activities we carry out are under good control and do not cause serious problems or negative impacts. So that our financial condition and life balance will always be well maintained. And what I mean by limits are limits on the time dedicated to gambling and the money spent on betting.


Title: Re: Gambling until you go totally broke
Post by: QuinielaPosible on March 25, 2024, 04:29:22 PM
I’ve got a rule: if a bet could potentially leave me in a tight spot, i'm out. It’s all about playing it safe, keeping the stakes low and the safety net intact.

When it comes to a risky bet, i’d rather pocket what i have than gamble it away. Security over the thrill, every time.


Title: Re: Gambling until you go totally broke
Post by: Accardo on March 25, 2024, 05:34:37 PM
I’ve got a rule: if a bet could potentially leave me in a tight spot, i'm out. It’s all about playing it safe, keeping the stakes low and the safety net intact.

When it comes to a risky bet, i’d rather pocket what i have than gamble it away. Security over the thrill, every time.

Diversity in methods and strategies is what made gambling unique, people have a unique gambling perspective. Your technique is great, but it's not completely fair for everyone to gamble this way. For instance, they are players who would want to stake more and earn big. Taking profits is fine and shows responsible gambling, but why most people don't do this is because of their gambling schedule. Gamblers will still wager back to the casino, hence they prefer leaving the profits on the site, to gamble some other times. Taking profits is like eating money meant for gambling. Though it's a nice idea, but removing all of it, is more stress. When gambling, I'd prefer to save up the profit for my next session. Then spend my normal funds, that's not meant for gambling. I acknowledge the fact you're focused on staying responsible. That shows how careful every gamble should be regarding their money. But while we take any decision in gambling, we need to think it through. Do I have any need to wager again anytime soon, after eating up my profits? If yes, then it doesn't make any difference. Don't know if you get my idea.


Title: Re: Gambling until you go totally broke
Post by: redsun114 on March 26, 2024, 05:03:02 PM
I cannot say why because I have never been through it but I can say that people do that, some might say that someone single might do it because they don't have a family to take care of but that's not true, I have seen people who are married and have kids gambling away everything they have and then looking for people that can lend them some money so that they can buy milk or other necessities of his household just like your friend but your friend is single as you said.

It's all about control and patience, some people just don't have it when it comes to gambling. Even though they know if they lose what they have, they will have nothing left behind and they will become miserable and will need to ask for loans and stuff from others but they still do it, maybe with the hope that they might win but they should know it's gambling.


Title: Re: Gambling until you go totally broke
Post by: Twentyonepaylots on March 27, 2024, 05:57:31 PM
It is sad to hear your friend go like that in gambling. He might not have planned the consequences that he might face if he goes broke or bankrupt, and that is the reason why he goes to his friends like you. Also, good job for you for lending him some money that he can use to survive the days before his salary comes. As gamblers, we should consider this kind of thing. Don't let us be blinded by greed, as we still need to live our everyday lives. Our lives do not revolve around gambling; we have our own lives too. So if you lose today, then you should be done, and let's get back to the next day. There are more days that we can try again. 

Good thing for me; I haven't had a phase like that, like going broke because of gambling (and I don't want to experience it either). I always think of the next thing and always have a backup plan.


Title: Re: Gambling until you go totally broke
Post by: Hispo on March 27, 2024, 06:47:29 PM
It is sad to hear your friend go like that in gambling. He might not have planned the consequences that he might face if he goes broke or bankrupt, and that is the reason why he goes to his friends like you. Also, good job for you for lending him some money that he can use to survive the days before his salary comes. As gamblers, we should consider this kind of thing. Don't let us be blinded by greed, as we still need to live our everyday lives. Our lives do not revolve around gambling; we have our own lives too. So if you lose today, then you should be done, and let's get back to the next day. There are more days that we can try again. 

Good thing for me; I haven't had a phase like that, like going broke because of gambling (and I don't want to experience it either). I always think of the next thing and always have a backup plan.

Sure, it was pretty neat of him to help up his friend with some money in the meantime as he waits for his salary to come, but I hope OP is not particularly eager for his friend to pay back that small loan as fast as possible. Actually, you would be better for him if he considered that money to be lost in the same instant he decided to hand that money over to his friend.
One must wonder whether he actually used it to buy food and pay for needed expenses, instead of going back to the casino and further chase all those losses. Some habit are truly hard to kill for good.

Also, on having a backup plan: the thing about people whoare addicted to gambling is how they do not actually have any plan b or backup.plan to look forward to, you know. Their only plans and perhaps the most important for them is to chase the jackpot and they believe one they get it,.all their problems would be solved.


Title: Re: Gambling until you go totally broke
Post by: RockBell on March 27, 2024, 07:29:40 PM
It is sad to hear your friend go like that in gambling. He might not have planned the consequences that he might face if he goes broke or bankrupt, and that is the reason why he goes to his friends like you. Also, good job for you for lending him some money that he can use to survive the days before his salary comes. As gamblers, we should consider this kind of thing. Don't let us be blinded by greed, as we still need to live our everyday lives. Our lives do not revolve around gambling; we have our own lives too. So if you lose today, then you should be done, and let's get back to the next day. There are more days that we can try again. 

Good thing for me; I haven't had a phase like that, like going broke because of gambling (and I don't want to experience it either). I always think of the next thing and always have a backup plan.
Going broke is not something to be proud of because where do you even begin? However, if the person has a job, there will be no problem; it is only a matter of time before he recovers, but that individual must stop gambling for a while because if he continues, he may find it more difficult to eat because gambling consumes everything. Perhaps when this happens, his problem will be solved. And if he lends money before his salary arrives, the following month will not be easy. Having a loan on your head is not funny. I just feel that everything is planned, and if he plans himself well, there will be no issues or challenges. Returning to normalcy. A lot of gamblers don't want to to accept their loss and that is why they keep gambling. So is a matter of choice. Then also at the same time be ready to live with what ever comes your way.


Title: Re: Gambling until you go totally broke
Post by: lizarder on March 27, 2024, 08:15:31 PM
I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?  
For this problem I did not see openly about people who went bankrupt because of addiction in gambling, but I listened to that had happened in the people closest to me before. Personally I am not an active gambler so that it does not have such experience, but has suffered defeat in gambling by relying on the last money in my savings, until at that time I really regret and intend not to gamble anymore.

The urge to not be able to survive in gambling will give birth to problems and most people who are addicted will never want to stop despite entering the final stage of the bet. On the contrary they will risk money until the end even though in the end it ends with defeat and losing money for the bet.


Title: Re: Gambling until you go totally broke
Post by: boyptc on March 27, 2024, 08:27:47 PM
Those people that are like what OP described are the ones where we can pick a lot of lessons. Not everyone is going to be broke in gambling if they have discipline.

But going onto that point which isn't really new at all becomes a trend when emotions are too high. Don't let your emotions control you because no one is going to help you at these trying times.

When you're the one who chose that situation for you. So, survive it on your own and learn big from it.


Title: Re: Gambling until you go totally broke
Post by: Fortify on March 27, 2024, 08:30:10 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

This sounds like a terrible way to live your life and is a prime example of somebody who has reached the depths of their addiction. By giving money to someone in this state you are just enabling this bad behavior even further and in this case would just be donating money for that purpose. The fact that he has burned his bridges with all other friends and finally got around to you is an indicator that he does not really care for others. You say you believe he was lying as well, which is not going to improve his position. You won't be able to comprehend what would drive a person to spend up all their money, because it is not something that a person thinking clearly would ever do, but unfortunately there are few ways to help people at this stage - they need to burn out and hit rock bottom.


Title: Re: Gambling until you go totally broke
Post by: Quidat on March 27, 2024, 08:36:18 PM
Those people that are like what OP described are the ones where we can pick a lot of lessons. Not everyone is going to be broke in gambling if they have discipline.

But going onto that point which isn't really new at all becomes a trend when emotions are too high. Don't let your emotions control you because no one is going to help you at these trying times.

When you're the one who chose that situation for you. So, survive it on your own and learn big from it.

Its not really something you would really be needing to mess up your life with before you would really be able to make yourself that learn those things on which we can be able to picture out into those
people who do have able to experience the worst on gambling on which people would really be that trying to see and reflect for themselves on what are the things that they should gonna do so that they wont really be messing up their lifes with on the time that they would really be dealing up with gambling. Gambling isnt bad if you are really just that responsible. It do really just turns out that there are people who dont really care that much when it comes to possible outcomes or things that would happen to them as long they could really be able to play gambling then this what matter the most.
REgrets and learnings do really happen in the end of the line and not from the start.


Title: Re: Gambling until you go totally broke
Post by: bettercrypto on March 27, 2024, 08:49:10 PM
A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

Well, obviously, your friend has an addiction that is hidden in his character. And you may have lent him money because you may have felt sorry for him. It's hard when you have an addiction and your work is affected.

Of course, he has the feeling that the money he has is limited, and he will think of gambling as his last resource so he can earn a big profit with the small capital he has.


Title: Re: Gambling until you go totally broke
Post by: boyptc on March 27, 2024, 08:57:13 PM
Those people that are like what OP described are the ones where we can pick a lot of lessons. Not everyone is going to be broke in gambling if they have discipline.

But going onto that point which isn't really new at all becomes a trend when emotions are too high. Don't let your emotions control you because no one is going to help you at these trying times.

When you're the one who chose that situation for you. So, survive it on your own and learn big from it.

Its not really something you would really be needing to mess up your life with before you would really be able to make yourself that learn those things on which we can be able to picture out into those
people who do have able to experience the worst on gambling on which people would really be that trying to see and reflect for themselves on what are the things that they should gonna do so that they wont really be messing up their lifes with on the time that they would really be dealing up with gambling. Gambling isnt bad if you are really just that responsible. It do really just turns out that there are people who dont really care that much when it comes to possible outcomes or things that would happen to them as long they could really be able to play gambling then this what matter the most.
REgrets and learnings do really happen in the end of the line and not from the start.
They will reflect on it later on and will see their own fault. These gamblers that have a shoulder to lean on will keep on messing with their lives.

But when they realize that there's no one going to help them and they are on their own, that's when their situation gets more serious.

They'll be obliged to do it on their own and solve their own mistake by not asking anyone to be there for them.


Title: Re: Gambling until you go totally broke
Post by: angrybirdy on March 27, 2024, 10:23:12 PM
Those people that are like what OP described are the ones where we can pick a lot of lessons. Not everyone is going to be broke in gambling if they have discipline.

But going onto that point which isn't really new at all becomes a trend when emotions are too high. Don't let your emotions control you because no one is going to help you at these trying times.

When you're the one who chose that situation for you. So, survive it on your own and learn big from it.

Its not really something you would really be needing to mess up your life with before you would really be able to make yourself that learn those things on which we can be able to picture out into those
people who do have able to experience the worst on gambling on which people would really be that trying to see and reflect for themselves on what are the things that they should gonna do so that they wont really be messing up their lifes with on the time that they would really be dealing up with gambling. Gambling isnt bad if you are really just that responsible. It do really just turns out that there are people who dont really care that much when it comes to possible outcomes or things that would happen to them as long they could really be able to play gambling then this what matter the most.
REgrets and learnings do really happen in the end of the line and not from the start.
They will reflect on it later on and will see their own fault. These gamblers that have a shoulder to lean on will keep on messing with their lives.

But when they realize that there's no one going to help them and they are on their own, that's when their situation gets more serious.

They'll be obliged to do it on their own and solve their own mistake by not asking anyone to be there for them.

I don't think so? There are a few gamblers who, even though they have been separated from their family or are no longer receiving help, they still continue to gamble as if nothing had happened, they continue to enjoy gambling life, and when there is no relative to help them, they gonna approach other people even if it's not a relative and what's worse is they do bad things just to get money to gamble, They don't know what's right and wrong anymore,.maybe that's how it is when you have a severe case of gambling addiction. I know someone whose wife and child have left him but seems like he doesn't care about what is happening, gambling is more important to him than his family.


Title: Re: Gambling until you go totally broke
Post by: Albarq on May 22, 2024, 11:55:36 AM
Your friend is suffering from a gambling disorder which was why he couldn't control the urge to gamble until he lost everything he had at hand and in the bank. I suspect that your friend was chasing losses which was why he lost all.

by assuming that our bet will win even though that is the last bet wehave one of the last bets we have is my experience of hoping to win the bet and that is indeed greed, whereas the last one is indeed a mistake made and not thinking long, the point is, what will happen next is what is in our minds By not being in a hurry, at the end of everything is lost and nothing remains, which is a valuable lesson for us not to rush into betting.