Gambling Addiction at its Worst!

[fortunecrypto]

I was reading the news this morning and one of the headlines was about a terrible stealing incident involving an alleged gambling addict. The man is an employee of R&L Investments, one of the Philippines' oldest stock brokerage firms. He was able to orchestrate a way to suck at least ₱700-million worth of stocks from the company to support his gambling addiction. This is around 14 million USD, huge enough for the company to decide its closure after 5 decades of operation.^[1]


I want to ask my fellow gamblers here, what is the worst thing you have done for your gambling hobby or habit? Have you come to the point of getting addicted to it and how did you counter it?

When I just starting out to gamble I lost a lot of time money, then I realized I cannot keep up anymore if I don't find  a way to stop myself from this addiction, gambling is like quicksilver you really can't hold of it or even totally control it all the times, I'm glad I'm fast that stage now I'm totally in control of my time and gambling.

[Get-Paid.com]

As I said above if you only play with your gains you can't lose anything at the end, moreover the prime goal of a good money management is not to make big gains but to limit your losses. It's perfectly adapted to the gambling if you're able to evaluate the probabilities rightly.

Why would you put yourself inside a system where you need to limit your losses as if you take for granted you would lose something in the first place? In that case it's best if you don't play in the first place ... as deisik said after you as follows:

To sum it up, proper money management would dictate you to stay away from gambling altogether in practically all cases

Well said.
The best money management you can have with gambling is not gambling at all in the first place.
Very well said.

[sayaya17]

I have not been addicted to gambling, because I can control it when I play gambling. Maybe this is not the worst thing for me.
It's just that I feel when I gamble, I feel enjoy at home and do not want to do other activities, such as working to make money. Really this I have ever experienced. But for addiction, maybe I haven't got the status like that.

[Betwrong]

today I've got $ 200 start with $ 5 yes already withdrawn 2 hours ago
but when you have no other activities, gambling is like continuing to call to try again.

and what do I get after that?
Yesss I lost everything in just minutes   greddy and addict its totally worst !

\

So you learned that gambling is about greedy and addict. That makes you lose the money. Next time, if you win $200, you better leave the place as soon as possible. Otherwise, you will end up losing all the money like what you got before. Maybe you need to learn about controlling yourself so that it will give you a chance to prevent continuing gambling. I am sure you can do that if you have an effort to reduce your time in gambling.

But he did that this time already, or am I missing something?

I think this is an interesting case, when gambler, bobyhodob, did the first move right, he did what many of us here suggest to do when you won big, he withdrawn his winnings right away. So, I think, we can say that bobyhodob has the ability to control his actions, but what failed him was the lack of other interesting activities that could replace gambling, at least during that day.

I'd suggest bobyhodob and others, who have the strength to stop playing after big win and withdraw, to invite someone to a good restaurant right away. Thus you'll have something interesting to do instead of losing your money behind the computer screen.

[Get-Paid.com]

I have not been addicted to gambling, because I can control it when I play gambling. Maybe this is not the worst thing for me.
It's just that I feel when I gamble, I feel enjoy at home and do not want to do other activities, such as working to make money. Really this I have ever experienced. But for addiction, maybe I haven't got the status like that.

Then you're living in denial if you call it normal.
The fact you don't want to do any other activities and you don't want to work (hard) for yourself only proves what the gambling activity is causing you - isolation. Like it or not, it's a fact.

I'd suggest bobyhodob and others, who have the strength to stop playing after big win and withdraw, to invite someone to a good restaurant right away. Thus you'll have something interesting to do instead of losing your money behind the computer screen.

That's a bad advice, it won't help neither.
How many times I've heard of stories of gamblers who won, big, really big, 5-6 or even 7 figures ... they kept the money, they didn't spend it, they didn't "re-deposit" the money but nonetheless they spent more than they could afford after a while ....

Even those who won the lottery have proven that "what goes around comes around" - if you win too quickly - you would lose that money too quickly, at least the highest chances are that you would lose it ... Ashley Revell perhaps is an example to someone who won a single spin of a roulette and used the money for business instead of losing it however I have no idea how his personal life is now, and like it or not - what goes around comes around.

So by all means, go a nice restaurant, "enjoy" your winnings - but just be aware that tomorrow, next week, next month or even next year - you might lose more than you actually gained on that night when you won big. Just be aware of it that if you haven't stopped - then you will always be at risk of losing more than you would even imagine.

[Kevondo]

today I've got $ 200 start with $ 5 yes already withdrawn 2 hours ago
but when you have no other activities, gambling is like continuing to call to try again.

and what do I get after that?
Yesss I lost everything in just minutes   greddy and addict its totally worst !

Problem with heavy gamers they will keep listening to the lust of gambling. Even getting the chance to win and make a good use of the money, but instead they will keep coming back and play thinking that luck will always be there to help them win. Only people who have a good balance with their emotions can quit with good benefits. Controlling greed is a tough job but once you get over it then you will have the chance to earned decent profits.

We cannot blame them for such behavior. These people either hold the belief that gambling can make them rich or they want to make money without putting real efforts ever. Once they will understand how impossible and unreal this approach is, naturally they wont play gambling a lot. Then they wont have any difficulty in taking control of their emotions and greed, in this matter.

[michellee]

today I've got $ 200 start with $ 5 yes already withdrawn 2 hours ago
but when you have no other activities, gambling is like continuing to call to try again.

and what do I get after that?
Yesss I lost everything in just minutes   greddy and addict its totally worst !

\

So you learned that gambling is about greedy and addict. That makes you lose the money. Next time, if you win $200, you better leave the place as soon as possible. Otherwise, you will end up losing all the money like what you got before. Maybe you need to learn about controlling yourself so that it will give you a chance to prevent continuing gambling. I am sure you can do that if you have an effort to reduce your time in gambling.

It simply reminds everyone that we can't be a lucky person all the time or even the whole day. There is too much temptation in gambling and it fuels our mind to think for more and more until we've got nothing. I give sympathy to that person cause it also happens to me before, though we think that would be a sort of learning and exactly yes but can't deny that we can befall into that back again.

For sure that we can't promise and learned from our mistakes cause for being out from the hell of greediness is a long term commitment, it can't be done instantly nor to change our mindset in just a week or month for sure. Cause I know that we can't escape from this.

There is always a temptation in gambling, and that makes people attracted to play the games more and more. We feel that it will be difficult to stop gambling because of the temptation. But we need to learn from our mistakes because if we don't learn, then we will make another mistake in the future. We need to prevent that thing so we can get something from the learning.

today I've got $ 200 start with $ 5 yes already withdrawn 2 hours ago
but when you have no other activities, gambling is like continuing to call to try again.

and what do I get after that?
Yesss I lost everything in just minutes   greddy and addict its totally worst !

\

So you learned that gambling is about greedy and addict. That makes you lose the money. Next time, if you win $200, you better leave the place as soon as possible. Otherwise, you will end up losing all the money like what you got before. Maybe you need to learn about controlling yourself so that it will give you a chance to prevent continuing gambling. I am sure you can do that if you have an effort to reduce your time in gambling.

Yes agreed duee but trying to control yourself is not as easy as you think
my mistake was probably because I didn't know what my winning target was to stop enough.

today I play again and try to invite my friends to watch by my side, I told my friend if I had made a $50 profit he had to turn off my computer no matter what. and finally it worked well enough

Yes, control ourselves will not easy, but if we keep trying, I am sure one day we can easily stop gambling anytime. The important thing is we don't stop to control ourselves because practicing to control ourselves will give us a chance to stop anytime.

That is great. Finally, you got the point. It is better to have someone that can watch us and always remind us not to lose control. You've done a great thing, and I hope you can keep it in the gambling games so you can prevent the big lose.

today I've got $ 200 start with $ 5 yes already withdrawn 2 hours ago
but when you have no other activities, gambling is like continuing to call to try again.

and what do I get after that?
Yesss I lost everything in just minutes   greddy and addict its totally worst !

\

So you learned that gambling is about greedy and addict. That makes you lose the money. Next time, if you win $200, you better leave the place as soon as possible. Otherwise, you will end up losing all the money like what you got before. Maybe you need to learn about controlling yourself so that it will give you a chance to prevent continuing gambling. I am sure you can do that if you have an effort to reduce your time in gambling.

But he did that this time already, or am I missing something?

No, you don't miss anything. Yes, he already withdrew, but he continued playing gambling, and he loses his money. That is what I got from his story. That is why I suggest him to leave the gambling games after he gets his $200 and don't play gambling again.

[doomistake]

today I've got $ 200 start with $ 5 yes already withdrawn 2 hours ago
but when you have no other activities, gambling is like continuing to call to try again.

and what do I get after that?
Yesss I lost everything in just minutes   greddy and addict its totally worst !

\

So you learned that gambling is about greedy and addict. That makes you lose the money. Next time, if you win $200, you better leave the place as soon as possible. Otherwise, you will end up losing all the money like what you got before. Maybe you need to learn about controlling yourself so that it will give you a chance to prevent continuing gambling. I am sure you can do that if you have an effort to reduce your time in gambling.

But he did that this time already, or am I missing something?

I think this is an interesting case, when gambler, bobyhodob, did the first move right, he did what many of us here suggest to do when you won big, he withdrawn his winnings right away. So, I think, we can say that bobyhodob has the ability to control his actions, but what failed him was the lack of other interesting activities that could replace gambling, at least during that day.

I'd suggest bobyhodob and others, who have the strength to stop playing after big win and withdraw, to invite someone to a good restaurant right away. Thus you'll have something interesting to do instead of losing your money behind the computer screen.

He already said it

but when you have no other activities, gambling is like continuing to call to try again.

This is the addiction syndrome, it is like our passion's in life, we love to do it amongst other passion that we have in ourselves, because that is what more fun to us and that gives us the satisfaction that we need to forget things that makes us sad, or to have a pastime, and other personal reasons, that is why it is important for all of us to have a social life, and not a shut it where we limit ourselves on doing other things that will not gives us a bad addiction like what gambling does.

I know it is hard to leave the life that you've been used to, but guys, it is all worth it if you will quit gambling and explore the world, it's much prettier and beneficial to us.

[deisik]

I'd suggest bobyhodob and others, who have the strength to stop playing after big win and withdraw, to invite someone to a good restaurant right away. Thus you'll have something interesting to do instead of losing your money behind the computer screen.

That's a bad advice, it won't help neither.
How many times I've heard of stories of gamblers who won, big, really big, 5-6 or even 7 figures ... they kept the money, they didn't spend it, they didn't "re-deposit" the money but nonetheless they spent more than they could afford after a while

I'm not sure how this is relevant to the advice given

Note that I don't say that this advice is going to halt your gambling addiction (if you have one). I just want to point out that people waste big and unexpected money not because they are addicted to gambling or anything to that effect but primarily because they don't know what to do with all this sudden wealth ("big, really big, 5-6 or even 7 figures") as they are simply not used to it. However, they understand they should do something with their new riches but whatever they do turns out only wasteful and reckless spending

[Get-Paid.com]

I know it is hard to leave the life that you've been used to, but guys, it is all worth it if you will quit gambling and explore the world, it's much prettier and beneficial to us.

You are 1000% right.

[AakZaki]

I have not been addicted to gambling, because I can control it when I play gambling. Maybe this is not the worst thing for me.
It's just that I feel when I gamble, I feel enjoy at home and do not want to do other activities, such as working to make money. Really this I have ever experienced. But for addiction, maybe I haven't got the status like that.

will be very lucky for those of you who like to play gambling but do not get addicted, it would be nice if gambling was only for entertainment only but not to the level of addiction.  because most people if they gamble instead want to gamble continuously.

[South Park]

I was reading the news this morning and one of the headlines was about a terrible stealing incident involving an alleged gambling addict. The man is an employee of R&L Investments, one of the Philippines' oldest stock brokerage firms. He was able to orchestrate a way to suck at least ₱700-million worth of stocks from the company to support his gambling addiction. This is around 14 million USD, huge enough for the company to decide its closure after 5 decades of operation.^[1]

This case made me remember another news that shocked the country and beyond more than a couple of years ago. This incident involved another gambling addict who tried to burn down the casino inside Resorts World Manila. The man entered the casino fully armed and attempted to steal chips. It went awry and much worse from there, and ended up burning himself alive. The gambling addiction of the perpetrator had reached its worst end after initially causing separation from his family, selling of properties including his home and car, incurring huge debts, and so on. The incident claimed dozens of lives.^[2]


I want to ask my fellow gamblers here, what is the worst thing you have done for your gambling hobby or habit? Have you come to the point of getting addicted to it and how did you counter it?

Sources:

[1] https://www.rappler.com/business/244378-philippine-stock-exchange-pushes-audit-white-collar-scandal-rl-investments?utm_term=Autofeed&utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook&fbclid=IwAR1x-wyi3G8i19_o5Hw37UzaYLnA0_jpzxVw_V7KOEXr5Fz0n5DmllJMu-Y#Echobox=1573401216

[2] https://en.wikipedia.org/wiki/2017_Resorts_World_Manila_attack
https://www.thesun.co.uk/news/3702217/manila-attack-resorts-world-casino-shooting-fire-36-dead-philippines/

Those are events out of the ordinary and probably reflect some kind of psychological issue or even the abuse of drugs besides being addicted to gambling, however those incidents should tell us how dangerous is to get any kind of addiction and at the first sign that things could be getting out of your control it is important to look for help, many people think they can control their addiction but we know that is not true so it is important to get professional help so you can overcome those demons.

[Ryker1]

[snip]
I know it is hard to leave the life that you've been used to, but guys, it is all worth it if you will quit gambling and explore the world, it's much prettier and beneficial to us.

Well, that is good advice or don't think seriously about gambling in your life. Even you gambling once a week or even twice that won't affect you. How I wish I can travel around the world and explore all gambling live casino. I just want to see people gamble or those rich people placing their bets. I just want to know people there but I not going to gamble. Indeed, in gambling addiction, that depended on ourselves how to manage with it and not become to the point of addiction.

[anog]

This is really bad, what would you do with that kind of money [1], the obvious answer is to have fun with friends and family (for normal people) so I consider this to be abnormal and must be handled appropriately.

The worst thing, I continued to make deposits even though I finally lost everything, realizing it after everything was gone.

[Get-Paid.com]

will be very lucky for those of you who like to play gambling but do not get addicted, it would be nice if gambling was only for entertainment only but not to the level of addiction.  because most people if they gamble instead want to gamble continuously.

No gambler is "lucky" or immune from being addicted.

Many people who started with just a $5 bet - ended up losing millions - for example Justyn Larcombe - read his story.

[Blackdeath]

I was reading the news this morning and one of the headlines was about a terrible stealing incident involving an alleged gambling addict. The man is an employee of R&L Investments, one of the Philippines' oldest stock brokerage firms. He was able to orchestrate a way to suck at least ₱700-million worth of stocks from the company to support his gambling addiction. This is around 14 million USD, huge enough for the company to decide its closure after 5 decades of operation.^[1]

This case made me remember another news that shocked the country and beyond more than a couple of years ago. This incident involved another gambling addict who tried to burn down the casino inside Resorts World Manila. The man entered the casino fully armed and attempted to steal chips. It went awry and much worse from there, and ended up burning himself alive. The gambling addiction of the perpetrator had reached its worst end after initially causing separation from his family, selling of properties including his home and car, incurring huge debts, and so on. The incident claimed dozens of lives.^[2]


I want to ask my fellow gamblers here, what is the worst thing you have done for your gambling hobby or habit? Have you come to the point of getting addicted to it and how did you counter it?

Sources:

[1] https://www.rappler.com/business/244378-philippine-stock-exchange-pushes-audit-white-collar-scandal-rl-investments?utm_term=Autofeed&utm_campaign=Echobox&utm_medium=Social&utm_source=Facebook&fbclid=IwAR1x-wyi3G8i19_o5Hw37UzaYLnA0_jpzxVw_V7KOEXr5Fz0n5DmllJMu-Y#Echobox=1573401216

[2] https://en.wikipedia.org/wiki/2017_Resorts_World_Manila_attack
https://www.thesun.co.uk/news/3702217/manila-attack-resorts-world-casino-shooting-fire-36-dead-philippines/

I also get addicted to gambling since my friends introduced me about it, and i started losing a lot of money that i also ended up getiing bankrupt. I rid of my addiction in gambling by changing my habit, which i change it by playing sports and going to the gym for me to lose my focus about gambling kr gking at the casino.

[onrise]

will be very lucky for those of you who like to play gambling but do not get addicted, it would be nice if gambling was only for entertainment only but not to the level of addiction.  because most people if they gamble instead want to gamble continuously.

No gambler is "lucky" or immune from being addicted.

Many people who started with just a $5 bet - ended up losing millions - for example Justyn Larcombe - read his story.

Gambling itself is so much addictive or say humans greedy behaviour make them lose millions of dollars just to win one big amount in anticipation which may just not happen every time they gamble . Hope people learn from their mistakes .

[Zeke_23]

will be very lucky for those of you who like to play gambling but do not get addicted, it would be nice if gambling was only for entertainment only but not to the level of addiction.  because most people if they gamble instead want to gamble continuously.

No gambler is "lucky" or immune from being addicted.

Many people who started with just a $5 bet - ended up losing millions - for example Justyn Larcombe - read his story.

Gambling itself is so much addictive or say humans greedy behaviour make them lose millions of dollars just to win one big amount in anticipation which may just not happen every time they gamble . Hope people learn from their mistakes .

Being greedy is what makes a human being addictive to gambling. We always think of instant money and we always set aside the enjoyment of playing.
Most gamblers lose more than a million dollars because of their mindset, thinking of winning a big amount all the time which is impossible. As you said, gamblers anticipated that they will win one big amount, but for that to happen you need pure luck which is really impossible.

[Betwrong]

~
Even those who won the lottery have proven that "what goes around comes around" - if you win too quickly - you would lose that money too quickly, at least the highest chances are that you would lose it

I'm trying to be as rational as possible, so, this text looks too metaphysical to me. Imo, the chances of losing something have no relation to how that "something" was acquired, quickly, won in a lottery, or slowly, with years of hard everyday labour.

... Ashley Revell perhaps is an example to someone who won a single spin of a roulette and used the money for business instead of losing it however I have no idea how his personal life is now, and like it or not - what goes around comes around.

Actually, Ashley Revell did well after that:

Many predicted that a man who was willing to make such a risky bet would gamble away any earnings within no time, but Revell demonstrated a bit more tact with his future plans. Being such a huge poker fan, he decided to create a football-inspired poker website, Poker UTD, which he maintained until 2009. He also decided to enter the online gambling market with an iGaming recruitment website.

However, probably the most rewarding aspect of his win came in the form of a motorbike journey around Holland shortly after his arrival back in the UK. Revell was single at the time of his bet, but his big win enabled him to find a partner during his trip across the North Sea, whom he later married and shares two children with.

Everyone loves a happy ending, and Ashley Revell’s may well be the most famous in gambling history.

But even if he'd lose everything the next day, it wouldn't prove anything, as well as it would be wrong to say that what happened to him proves that acting like he did, sold all his possessions and gambled US$135,300 on a single spin of a roulette, is the right pattern of behaviour.

Also, I think you imply the wrong meaning to the proverb "what goes around comes around".

[supercanada1]

I know it is hard to leave the life that you've been used to, but guys, it is all worth it if you will quit gambling and explore the world, it's much prettier and beneficial to us.

You are 1000% right.

He is damn true. This is world is full of things that need to be explored. If you ask me, human life is very short one to experience and know everything. Still, we should try to taste as many flavors of life as we can. Gambling is just one small portion of what world has for us. It is a game and must be played with this mindset. Majority of the gamblers develop hopes to make money from such an unpredictable activity, which is totally wrong.