Man lost £20,000 in one night after becoming addicted to online gambling!

[Fundamentals Of]

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

[dothebeats]

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

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

[YOSHIE]

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

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

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

[Alucard1]

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

[mu_enrico]

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

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

[AmoreJaz]

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

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

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

[aysg76]

After becoming addicted to online casino games in March last year, he lost £40,000 in the space of a month, losing half of that in just one night.

After losing that money too, he found himself in massive debt, and contemplated taking his own life.

https://www.mirror.co.uk/news/uk-news/man-lost-20000-one-night-24067466

I don't know why they are caught up in this moment but I think people know the risks yet they still try. Was it appropriate for him to call the gambling firm wrong or he was right? (See the last part of the article or better read the 3 mins. article instead)

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

[aoluain]

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

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

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

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

[AakZaki]

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

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

[South Park]

After becoming addicted to online casino games in March last year, he lost £40,000 in the space of a month, losing half of that in just one night.

After losing that money too, he found himself in massive debt, and contemplated taking his own life.

https://www.mirror.co.uk/news/uk-news/man-lost-20000-one-night-24067466

I don't know why they are caught up in this moment but I think people know the risks yet they still try. Was it appropriate for him to call the gambling firm wrong or he was right? (See the last part of the article or better read the 3 mins. article instead)

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

[Fortify]

I don't know why they are caught up in this moment but I think people know the risks yet they still try. Was it appropriate for him to call the gambling firm wrong or he was right? (See the last part of the article or better read the 3 mins. article instead)

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

[Slot Kid]

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

[yazher]

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

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

[Hydrogen]

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

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

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

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

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

[tabas]

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

[Johnyz]

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

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

[Oasisman]

I don't know why they are caught up in this moment but I think people know the risks yet they still try.

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

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

[masulum]

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

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

[carlfebz2]

After becoming addicted to online casino games in March last year, he lost £40,000 in the space of a month, losing half of that in just one night.

After losing that money too, he found himself in massive debt, and contemplated taking his own life.

https://www.mirror.co.uk/news/uk-news/man-lost-20000-one-night-24067466

I don't know why they are caught up in this moment but I think people know the risks yet they still try. Was it appropriate for him to call the gambling firm wrong or he was right? (See the last part of the article or better read the 3 mins. article instead)

Dont know but i do feel that this is emphasizing

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

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

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

[Fatunad]

I don't know why they are caught up in this moment but I think people know the risks yet they still try.

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

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

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

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