Be a Responsible Gambler

[Vaskiy]

I was insisted by different people several times. Gambling isn't meant to make money. It is pure business, have fun and never be a victim of it. Now I'm a victim of it. In my village when people play cards I used to advice them, none know I'm into gambling. What they play for is not more than $5, and now I find guilty of being worse than them.

What I've lost is big. Last one month have made a big change in my life. I don't know how things gonna change and myself gonna manage. I would like to brief the last 31 days of my life and gambling. Someone could read and won't get into risk of life.

I have debt of $35000. Myself saved $2500 in BTC on an exchange with the plan of trading. My mind wavered it takes time to make money out of trading. Myself deposited into a gambling platform. Started to gamble. Within few minutes it all got emptied. Then on my mind didn't work, everytime it thinks of the lost money and the way to recover it. Borrowed another $2000 from my friend and this too got washed out.

Further went for another borrow. This time it was $1000, and made it grow little by little and reached $4500. The greed making $1000 more caused me empty my wallet once again. Further went for a loan, this time it is very big. Bought Bitcoin for about $9500 and started to gamble. This went to $14000. By then my mind remembered of the $35000 debt. So, continued with big rolls and the end result is a empty wallet. Finally within the 31 days what I've made is nothing, but raised my debt from $35000 to $47500 and has lost my savings of $2500. After all even thought of ending my life(now that's not in me). Never do the same as me. Now I've promised myself to take a break from gambling.

Mostly this thread gets deleted or locked. Every user read it, and try to be responsible and stay happy with what you have. Try your luck with the excess funds and never have gambling as a way of earning.

Important Note : If you're jobless don't get into gambling, I'm an example. I don't have a job, and that's the reason I wasn't able to keep me deviated from gambling. Hope this helps someone.

Thank You

[Quidat]

Dont end up your life just because of that debt of yours.Yes, it might not sound simple but it isnt just worth to have some suicide because of that.There's always a solution to the problem.
The mistake you had done on here is that you do still believe that you can pay up or make that money grown and able to repay those debts via gambling which is really a very wrong mindset.
Come to think that if you had able to put those amounts you borrowed on trading capital then you might still have the chance on earning money.
It might not be that fast or big as gambling outcome but its a bit assured that you can really play with it and those funds wont be vanished in a short span of time.

[passwordnow]

In minutes, you've lost a lot. That's insane. I was even feeling bad when I've sold bitcoins too early but I still got the cash but yours is worse. Thank you for sharing your experience and this will serve as a warning for others that can't control themselves. You've learned the lesson in an expensive way but I'm sure that you'll be able to pay your debt and you only have to focus with your goal and don't accompany it with gambling.

[Twinkledoe]

Dont end up your life just because of that debt of yours.Yes, it might not sound simple but it isnt just worth to have some suicide because of that.There's always a solution to the problem.
The mistake you had done on here is that you do still believe that you can pay up or make that money grown and able to repay those debts via gambling which is really a very wrong mindset.
Come to think that if you had able to put those amounts you borrowed on trading capital then you might still have the chance on earning money.
It might not be that fast or big as gambling outcome but its a bit assured that you can really play with it and those funds wont be vanished in a short span of time.

Money can be replace but life, we have only one. No matter what our situation is, even if we feel we are at the bottom of our life, we will surpass that challenge. Don't aim for the solution right away. Look for small steps to get out of the situation. Talk to the person where you borrowed the money. Negotiate how you can pay your debts. Talk to your family and be transparent with your situation. I believe they will prefer you to be alive rather than dead. Change for the betterment of yourself.

[dunfida]

Dont end up your life just because of that debt of yours.Yes, it might not sound simple but it isnt just worth to have some suicide because of that.There's always a solution to the problem.
The mistake you had done on here is that you do still believe that you can pay up or make that money grown and able to repay those debts via gambling which is really a very wrong mindset.
Come to think that if you had able to put those amounts you borrowed on trading capital then you might still have the chance on earning money.
It might not be that fast or big as gambling outcome but its a bit assured that you can really play with it and those funds wont be vanished in a short span of time.

Money can be replace but life, we have only one. No matter what our situation is, even if we feel we are at the bottom of our life, we will surpass that challenge. Don't aim for the solution right away. Look for small steps to get out of the situation. Talk to the person where you borrowed the money. Negotiate how you can pay your debts. Talk to your family and be transparent with your situation. I believe they will prefer you to be alive rather than dead. Change for the betterment of yourself.

No family would really like to see you on that situation and of course they wont like to see you dead and they would help you out.Just accept if they would be scolding and blame you out which i do see its normal and should be accepted since its really your fault and you are right that you should be transparent and be honest on what are the current problems you are facing on.Dont waste up your precious life
because you cant turn it back once you decided to end up your life.When you do gamble always put up in your mind on what are the consequences if you do try to be impulsive or chasing up your losses.

[Ryker1]

Well, if you are gambling to chase money, to chase your losses, and the most point when comes is borrowing money just to chase your loss --gambling is not meant for you. Gambling is just entertainment that you will perhaps enjoy or if you want to kill your time while waiting for someone, gambling is the best way to hang out not to think this is a source of income. The golden rule is ^{[Gamble only of what you can afford, win or lose]} very important to remember, I can't even risk my own earning in gambling, I gambled sometime but when I was bored or just trying my luck and hoping that my fund will double but with a limited amount only that only I can afford.
However, this is a sad story of yours, thank you for sharing and the warning.

[2double0]

A few years back, I also committed the same mistake of losing big but it was not from any loan, but my own saved money. I was a tipster myself but stopped tipping as well as gambling for more than 4-5 years after which I touched gambling again. But I have learned discipline in these years and know that it is not like there is no tomorrow, so I can control my emotions and make my mind free from gambling whenever I want now.

[Twentyonepaylots]

Bro, you have to work this out, I know you can. If you feel like you're getting addicted to gambling, which I feel like you are no offense meant, you should probably seek professional help. Probably admit yourself to a rehabilitation center where they can help you cure or alleviate at the very least these urges to gamble. Once you're out, find a job, pay your debts little by little and before you know it. You're back on track. The fact that you put yourself in this situation means that you too can get yourself out of it, just have trust in your abilities man, and whatever money you got now, don't gamble it.

[AhmadM]

Although the loss of mine was not big as yours at least I know how's the feel of it. I'm not denying the fact of the thought to end the life when in such situation since I experienced it as well and I know such kind of thought was useless. Cannot manage ourselves while gambling is quite commons but you really did a big mistake by gamble with loan funds. It's really an expensive lesson, I hope you never doing the same mistake as now next time. Cheer up mate, the journey is not over yet. Enjoy your break time.

P.s. gamble with money that you can afford to lose and don't ever take a loan for gambling activities

[Wexnident]

That's quite a big loss. In the first place, you shouldn't really have gambled with money that you borrowed from someone. The $2500 one is still okay, that was your savings (not really since you have a debt, but oh well), but the rest were borrowed from others and shouldn't really be spent willy nilly like that.

Important Note : If you're jobless don't get into gambling, I'm an example. I don't have a job, and that's the reason I wasn't able to keep me deviated from gambling. Hope this helps someone.

Even if it wasn't a job, maybe a hobby, or a game. Just do something, one that could distract you from gambling. I'm pretty sure a $20 game is more than enough of a tradeoff from a $1000 loss in gambling. There are also those mecha figurines that cost a fortune, but hey, that's a LOT better than gambling money. Not saying that it's bad, but it shouldn't be the main hobby for someone. Just a side thing you go to every now and then.

[crzy]

I have debt of $35000. Myself saved $2500 in BTC on an exchange with the plan of trading. My mind wavered it takes time to make money out of trading. Myself deposited into a gambling platform. Started to gamble. Within few minutes it all got emptied.

You've loss $2500 in few minutes? What kind of Gambling are you doing? I can't imagine losing that money in just a minute.
I didn't finish reading the whole context of this thread because its all about borrowing money and losing that money in gambling, you're in a big trouble for not controlling yourself and you have the wrong mindset when it comes to gambling.

We all have to be more responsible, if you can't afford gambling then there's no need to borrow money just look for other ways to have fun like playing online games without the need of spending money. I'm a gambler but I will never borrow money just to use it as my capital in gambling, that's a big trap.

[Ulven]

Sorry for your story man, gambling is not a guaranteed profitable activity, it is only an entertainment area !! I advise you to stay away from gambling activities and try to find work. Make a plan for your life again. Don't think about getting more loans, but try to count on yourself and work hard.

[electronicash]

this is the story that you wouldn't want to happen to you but it did. when you just gamble a few, you wouldn't mind it but you regret after when you already lose a sum. it already happened so you learned a lesson.

ending your life won't solve anything. remember your friend who gave you loan seems very generous for he trusted you. and i can say if he trusted you that much, you must be a good person. there are probably lots of people who love you.

[yazher]

You are not alone with this kind of problem and lots of people are currently going your way if they don't know when to stop when they lose big time. Most of the time greed will push you to lose your savings and to lose yourself at once. If people know how to completely control this thing, it would have been easy for all of us. But unfortunately, when you are there, seeing all the hype and the way they attract people is really a hard thing to resist. That's why if you really want to end up like the OP, you should stay away in the first place. As for the OP, things will get better soon just don't you ever go back to make things easy, because that would not go as you plan if you play once more.

[Ewox]

I do agree with being a wise spender especially when it comes to gambling. Always know your limit and control yourself and know when to stop because you might end up in debt just like you were experiencing. Take it a lesson and learn from it, and yes I don’t think it is a good idea to gamble when you don’t have a job. Work something out or where you are good at and make money out of it to pay slowly your debts. And take some time off gambling too, because not everyone has luck when it comes to that.

[virasog]

In minutes, you've lost a lot. That's insane. I was even feeling bad when I've sold bitcoins too early but I still got the cash but yours is worse. Thank you for sharing your experience and this will serve as a warning for others that can't control themselves. You've learned the lesson in an expensive way but I'm sure that you'll be able to pay your debt and you only have to focus with your goal and don't accompany it with gambling.

Gambling is really risky and certainly not a profit making opportunity. If the OP would have kept $2500 in the trading platform, he might have gained some good profit in trading and eventually covered his debt, but instead he opted for a short cut way of gambling which was way to risky. Feel sorry for him. Everyone should learn some lesson from his bad experience in gambling.

[Fortify]

Important Note : If you're jobless don't get into gambling, I'm an example. I don't have a job, and that's the reason I wasn't able to keep me deviated from gambling. Hope this helps someone.

Sorry to hear about your losses and glad to hear that you've finally figured it out after hitting rock bottom. It is the best way to learn really - to go through it yourself and you could consider it to be an expensive lesson rather than a total waste. That may be what you need to heal properly. Have you looked into filing for bankruptcy? It really depends what country you are in and how it works where you live, some countries like the UK it takes 6 years and you will be able to start with a clean slate financially. The best route out is to pay the debt off, however if you are jobless then that might be impossible. Definitely start looking for work and with time it will fix everything.

[Cling18]

I'm sorry to hear about your story, Op but losing money isn't a reason enough to end your life. Gambling is a risky journey and if you'll get really into it, you'll lose everything in just a short period. I think it's already a lesson learned for you but it isn't late for you to fix your life. Try to grind harder in all the opportunities that crypto could offer so you could pay your debts. Most of us have experienced losing money because of gambling but there's always a chance to begin again.

[Mauser]

I agree with you that we all should be responsible gamblers and only use the money we are able to lose. If we need to money for other things than we shouldn't gamble with it, winning is not a guarantee in gambling. Casinos are businesses that operate to make money for them self. If they aren't profitable then they are going to close down. While for some people gambling is just leisure and a way to relax in the evening, there are others who want to make money with gambling. There are strategies out there that can help us, but in the end not everybody can be winning. There will always be some who win and some who lose.

[michellee]

That is the risk from gambling, in a short or long time and we never know when that will happen to us. When we borrow the money, we must not use it for gambling because our chance to grow the money will not be too big. But you already did that and you lose that money, and even you have a big amount of debt.

The lesson here is never taking a loan for just playing gambling, even if you are jobless or have a job because that will take you in the worst situations that you will hard to repay that loan. If you want to gamble, you only need to use free money that you can afford to lose so anything that will happen to you, you are ready to accept and will not try to recover that losing money.