Greatest Gambling Losers

[Desmong]

This is really scary, how can someone be that gullible to lose such an exorbitant amount of money. This is ridiculous and abstract. Well most time, it's greed that use to cause this making a gambler to be so determined spending his money with being conscious of his environment and his/herself. To me, these gamblers  are rich men that has sufficient money to gamble with using a risk reward ratio that can affect one financial status if care is not taken. They have the money, so they have to gamble with it cause no one knows how much they had made from gambling.

[Zilon]

I can sense how much emotional trauma those guys must have gone through. I actually felt for Akio Kashiwagi  who Lost $19 million and was murdered in his home and it could be as a result of debts he could be owing. It's really sad how people get so trapped by gambling addiction and get so engrossed in that that help becomes an impossible mission.

[Davidvictorson]

I'm wondering is it in human nature to read this piece and get a lesson from this or to say, "well, it can't happen to me because I'm smarter"? Well history is always bound to repeat itself again when we don't learn from the mistakes(experience) of others. Sadly in 10 years these names will be replace with new names and with bigger losses because of greed.

[justdimin]

I can sense how much emotional trauma those guys must have gone through. I actually felt for Akio Kashiwagi  who Lost $19 million and was murdered in his home and it could be as a result of debts he could be owing. It's really sad how people get so trapped by gambling addiction and get so engrossed in that that help becomes an impossible mission.

I don't understand how killing someone is ever going to help. If someone owes money to people, the only chance of getting back the money is maybe if the guy is alive and works for it. If you kill him, forget the money and get ready for some jail time.

It's a pretty old thread but still quite bone-chilling to see those amounts lost by gamblers. I am sure many online gamblers have lost even bigger amounts but neither the casino nor the player would want to reveal.

I'm wondering is it in human nature to read this piece and get a lesson from this or to say, "well, it can't happen to me because I'm smarter"?

Honestly speaking, it's hard for an addict to take lessons from a thread like this because people don't take online discussions and advice seriously.

[DoublerHunter]

I can sense how much emotional trauma those guys must have gone through. I actually felt for Akio Kashiwagi  who Lost $19 million and was murdered in his home and it could be as a result of debts he could be owing. It's really sad how people get so trapped by gambling addiction and get so engrossed in that that help becomes an impossible mission.

^ There is always such kind of people, greediness will always be the main reason why there are some people have the greatest losses on their whole life.
I don't know how they overcome such a story and do your think that just because they have a lot of money they will probably continue their gambling activity whatever happens. They possibly trap because they don't have a self-limit. I gambling it should be their mind that it is always a have entertainment not the way how they will profited on it,

[Alisha-k]

This lossers took a very high level of risk. With such amount what else were there planning to make from gambling that could not be achieved from a well established investment. My problem probably isn't with the gamblers but with the gambling company which would allow such a stake. It's way too high no matter their source of income

[Desmong]

The caveat here is that one should always gamble responsibly regardless. Today, I heard the story of some folk who sold his parent's house, and then used the money to gamble. He lost all the money and was wrecked physically, emotional and psychologically. We shouldn't be that guy. Another example, in Kenya, one Mr Karanja lost about $5,000 during a six-year gambling period. Also, in 2016, a university student committed suicide after losing about $790 on a bet. Sad. Always know when to stop and call it quits.

This is really crazy and I will never blame them much on there actions because most it's not really them that's in control but addiction. Addiction can make a person do what they can not intend to do with there right sense. It's just like someone that's drunk and needed help. Help should be granted to those that are eaten by too much addiction which could end up with regret and affects the general being of faculty of the person.

[crzy]

This lossers took a very high level of risk. With such amount what else were there planning to make from gambling that could not be achieved from a well established investment. My problem probably isn't with the gamblers but with the gambling company which would allow such a stake. It's way too high no matter their source of income

They will allow it because the players are rich, and they’ll make money on that so technically this could be a win win situation to those companies. Many unrecorded losses, the lives of many addict gambler are in trouble that could possibly on losing their own life because of so much depression, if you have such losses better to stop gambling and do make yourself busy some where else.

[Mahanton]

I'm wondering is it in human nature to read this piece and get a lesson from this or to say, "well, it can't happen to me because I'm smarter"? Well history is always bound to repeat itself again when we don't learn from the mistakes(experience) of others. Sadly in 10 years these names will be replace with new names and with bigger losses because of greed.

Gambling business would always exist as long those people who are greedy will always continue to play and this would pass up to generations to generations and this business would continue to exist and flourish.
Gambling activity is just really for the sake of entertainment but on the time that people do exceed out on their limitations then this is where mistakes do came from.It do only be composing 2 possible outcomes
neither being a winner or a loser. People wont learn until they do experience such hardship from consequences.

[Shamm]

This lossers took a very high level of risk. With such amount what else were there planning to make from gambling that could not be achieved from a well established investment. My problem probably isn't with the gamblers but with the gambling company which would allow such a stake. It's way too high no matter their source of income

In the world of gambling you have less chance of winning but if you can change your strategy to win the game . Every person join the gambling site they take a high risk to thier money because they cannot predict  that they will win in the end or loss .

Ik the company side  of gambling they planned already what is the cycle of the site of course they will earn too through gamblers

[Quidat]

This lossers took a very high level of risk. With such amount what else were there planning to make from gambling that could not be achieved from a well established investment. My problem probably isn't with the gamblers but with the gambling company which would allow such a stake. It's way too high no matter their source of income

In the world of gambling you have less chance of winning but if you can change your strategy to win the game . Every person join the gambling site they take a high risk to thier money because they cannot predict  that they will win in the end or loss .

Ik the company side  of gambling they planned already what is the cycle of the site of course they will earn too through gamblers

They key here is not to make it as a source of income so that you wont really be ending up into those mindset that you should play more and chase up winnings which is really a very wrong idea.
Chances of winning on gambling is less compared on those losses that you might have.This isnt an investment and not a money milking kind of business for you to think off that way.
Losers are more than with those winners which do proves out that gambling isnt something you can tell that it is profitable for everyone.Its just for entertainment purposes.

[Slow death]

I'm wondering is it in human nature to read this piece and get a lesson from this or to say, "well, it can't happen to me because I'm smarter"? Well history is always bound to repeat itself again when we don't learn from the mistakes(experience) of others. Sadly in 10 years these names will be replace with new names and with bigger losses because of greed.

gambling is a dangerous thing. people just hearing the name can already have this idea of this danger but what happens is that some people want to have high earnings and for that reason they also risk making big bets and forget about the very simple factor of the gambling  world: " you win or you lose "there's no middle ground, it's just simple and straightforward or you win or you lose. I remember my first day of gambling when I made a deposit and lost my entire bankroll. then I made another deposit and lost and then I made another deposit and lost all my bankroll, it wasn't a lot of money, but there are people who bet a lot of money and I lost, but luckily I managed to recover my loss and make a profit.

[blockman]

This lossers took a very high level of risk. With such amount what else were there planning to make from gambling that could not be achieved from a well established investment. My problem probably isn't with the gamblers but with the gambling company which would allow such a stake. It's way too high no matter their source of income

Nope.
There's no problem with the gambling companies that allow their gamblers to stake huge amounts. They're prepared if that gambler stakes a higher amount and the money is with them ready if ever that person wins. It's favorable to them because the house edge is always known to be higher and these gamblers that stake high amount should be responsible for their action and I think they're thinking the same that it's the bet of their lives that will dictate their future and might change their fates.

[kotajikikox]

I'm wondering is it in human nature to read this piece and get a lesson from this or to say, "well, it can't happen to me because I'm smarter"? Well history is always bound to repeat itself again when we don't learn from the mistakes(experience) of others. Sadly in 10 years these names will be replace with new names and with bigger losses because of greed.

In gambling things change in a blink of an eye, plan for this will be plan for that later. this is why gambling is the most addicting and risky area in which offered happiness and sadness , winning and losing .

if you are into gambling make sure you know the fundamentals and knows your boundary because if not then accept that you will be forever loser .

i am against gambling overdose but what can we expect from person with a  greedy attitude?

[Lordhermes]

In gambling,anybody is liable to loose,but the highest looses are the ones who don't have idea about the game they choose to gamble on.For instance,you don't watch football,but you want to bet on football,and predict that a particular team wins another when you don't watch their games.

To avoid great losses in gambling,one must first of all be familiar with the games you are gambling on.Secondly,you must look at the last record of how those people play,or check their history or head to head meetings,and the teams in form.Those must be taken into consideration before a game can be bet on.

[fortunecrypto]

I can sense how much emotional trauma those guys must have gone through. I actually felt for Akio Kashiwagi  who Lost $19 million and was murdered in his home and it could be as a result of debts he could be owing. It's really sad how people get so trapped by gambling addiction and get so engrossed in that that help becomes an impossible mission.

That's the worst thing that can happen to a gambler losing huge money and eventually losing his life from being murdered from loan or suicide, there's data I read that many commit suicide because of gambling because they lose everything, and they thought it's the end of the road for them, they have no friends or someone to talk to or in some cases, they kept it all by themselves until it becomes unbearable.

[Peanutswar]

Those people are willing to have a high-risk reward sometimes its part of the life taking the risk to have a good profit outcome but still its quite hard to lose a lot of money like the OP statement unless you are just a billionaire or millionaire want to spend all of their money in gambling but for sure it's not a good thing, well its part of the game there's a winner there's a loser, not all the time we win the game of gambling, again always gambling houses winning the game else you have a good strategy to reverse the odds.

[Rajamuda]

Gambling should not be excessive, it can result in a great loss, which sometimes can lead us to regret things, bad things that can affect life circumstances that should be able to avoid or control ourselves from things that smell negative.
Gambling fills free time, to fill the void of time that is only momentary, it shouldn't be done with more time till too tied up in it.
It's good for us to make more busy activities, which are more important, and lead us to more positive things.

[Raflesia]

Gambling should not be excessive, it can result in a great loss, which sometimes can lead us to regret things, bad things that can affect life circumstances that should be able to avoid or control ourselves from things that smell negative.
Gambling fills free time, to fill the void of time that is only momentary, it shouldn't be done with more time till too tied up in it.
It's good for us to make more busy activities, which are more important, and lead us to more positive things.

Gambling should not be excessive because this will interfere with your life, maybe we can say it's easy to say in free time but the fact is that after trying to play there is always an addiction and try it again and that's where a lot of people get bad due to being out of control so they allow themselves to be worse off just because of their emotional smoldering.

I also feel the same way but I know if this is allowed it will be bad, so I'm better at discipline to avoid unwanted things so I always have a budget for gambling and playing games after work from work, this won't be a burden .

[Kittygalore]

Gambling should not be excessive, it can result in a great loss, which sometimes can lead us to regret things, bad things that can affect life circumstances that should be able to avoid or control ourselves from things that smell negative.

Of course that's obvious, anything in excess will always be really bad no matter what it is, exercise? Can cause over fatigue, food? Can cause you some complications depending on the food you're eating, investing? Can cost you your social life if you're too focused in making money. In conclusion, anything that's in excess will always be bad for you.