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

[Lanatsa]

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This is too much addiction and should address the right way because if all of this negative things are into that gambler, he might be on a suicide attempt. Losing such money is already a big problem especially if you just borrow that funds, addictions is not good at all this is one of the enemy of every gambler and fortunately most of the gamblers knows what to do for them not to get addict, we have to do everything not to fall on this gambling trap.

It is, in the first place, borrowing money just to gamble is never a good idea, unless you operate a gambling site where most likely you'll be profitable in the long run. This is gambling where we don't have the advantage, so we should be realistic and stick with the principle of not risking money more than we can afford to lose.

If one can afford to lose £20,000 in one night, then it should not be a problem for him, but for the majority of the gamblers, £20,000 is just too much to lose, some will have to pay it for the rest of their lives due to one-night mistake.

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

Talking about potential losses then this would vary on your financial capacity and it would be sky is the limit.As long you do have the  funds  then  potential losses could really be high or  way more than you can afford to  lose.

It is depending  on how you do  handle your finances  because some are having severe  addiction which would cause an impulsive kind of act towards gambling which in resulting to
big losses.

Don't  try  to chase  it because it would  be the biggest mistake  that you would ever do.

[1715453933]

1715453933

[Poker Player]

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

And what about the people who go into debt chasing their loses. It is no longer just savings or family money. Nowadays it is very easy to get loans, you can even get an instant loan with your cell phone. In that case, you could be paying for years for one night's mistake of gambling too much.

[Zilon]

If you have a lot of money like $20,000 do not gamble it is a bad combination. If you do not have a lot of money then do not gamble. Only gamble what you can afford to lose is a common saying but I would say only gamble a % of what you can afford to lose to stop you from losing all that money.

Unfortunately for a man who gambles excessively there is no small or big amount, he'll take it and promise himself that he will double it, this is the reason why those who are addict to gambling are taking loans and selling all his stuff because he believes he can get back all his losses he thinks that his winning days will come back and recover all his losses, this is a blind belief and many gamblers have it.

This high risk gambling can actually go any length to satisfy their quest and they easily feel attacked if you try preaching excessively about gambling addiction. But how long will we continue to lose our people to the cold hands of gambling addiction? I wonder most times if there was a permanent solution to this so our gambling will just remain as a fun quest and not a die-hard get rich quick adventure that has silenced the existence of so many.

[bitzizzix]

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)

These are not huge amounts, just look at the chat space in some of the major gambling sites and you will see people gambling with much higher valuation, he needs to be aware of the situation and his bank balance before gambling and if he think he has an issue he needs to get help from his family and friends and there are many who destroyed their life savings because of the addiction.

If we talk about gambling problems there will be no end as long as there is a gambling industry there will definitely be new issues to discuss which will never end and the advice given will be no different.
what must be done is self-awareness because he himself felt it before and after becoming an addict and what must be done must be aware before torturing himself for losing a lot of money and even causing bankruptcy.
self-awareness is the most effective way compared to the help of family, friends, lover or anyone because they only help in a simple or motivating way, he who knows and feels it then he plays a big role in healing and also does not blame the company or others.

[Lucasgabd]

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

And what about the people who go into debt chasing their loses. It is no longer just savings or family money. Nowadays it is very easy to get loans, you can even get an instant loan with your cell phone. In that case, you could be paying for years for one night's mistake of gambling too much.

this happens!
its much easier to build something than to destroy it
sometimes you can destroy years of building with 1 simple action.

we always have to be alert

if someone has the tendency to go too deep on something and have a hard time with emotional control they're probably better avoiding gambling.

[Fatunad]

This is not the first time I saw similar mistakes on online gambling, you are one click away to put all your life savings on the gambling website. Some guys also took money from a family bank account and risk the whole money to chase the losses on the previous dead session, the end is obvious. Gambling shouldn't be a place we chase money instead of looking for fun, the brutal days happen due to the lack of deposit limits. The site shouldn't let the gambler deposit the bigger amounts compared to the previous deposit history and bank accounts shouldn't be able to send money over 10k to the gambling accounts. This is more complex on crypto casinos, unfortunately. What you can win is capped to 5000x but you can loss unlimited money which limited to your savings..

And what about the people who go into debt chasing their loses. It is no longer just savings or family money. Nowadays it is very easy to get loans, you can even get an instant loan with your cell phone. In that case, you could be paying for years for one night's mistake of gambling too much.

this happens!
its much easier to build something than to destroy it
sometimes you can destroy years of building with 1 simple action.

we always have to be alert

if someone has the tendency to go too deep on something and have a hard time with emotional control they're probably better avoiding gambling.

You can actually able to observed yourself when you are already doing something which is already out of your budget specially in finances when you do play gambling.
We do have our own common sense and awareness on whats happening to us but those addicted gamblers are surely aware on whats happening but they do just ignore out and proceed without any caution
or thinking off about possible addiction and when problem rose up then thats the time they do have some regrets that they shouldnt have gambled in the first place if they knew that they would
be experiencing those unfortunate events.

[Rengga Jati]

this happens!
its much easier to build something than to destroy it
sometimes you can destroy years of building with 1 simple action.

we always have to be alert

if someone has the tendency to go too deep on something and have a hard time with emotional control they're probably better avoiding gambling.

Maybe the meaning is more easily destroying something than building or maintaining it.
And this is true, not only in gambling but almost in every all aspect of life, moreover about reputation, business, and others.
Well, this may be also because of the excessive desire to get something, too confident, and also bet without considering the adverse effect.
Sometimes someone becomes not too aware when it has been blinded by excessive desires.

[irsada]

Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

[boyptc]

Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

It is our emotion that are putting us in both, good or bad situation.

But if it's uncontrollable and you're facing the consequence of not controlling it, you're going to have that bad results because you cannot control it and it gives you the sensation that you have to keep going.

[gagux123]

Guys... I was thinking to myself and I had this doubt.

Could someone tell me how is the treatment for a person addicted to gambling?
Is it something similar to an alcohol or drug addict? Or something like that?

Could someone explain to me!!?

Thanks!

[lienfaye]

Could someone tell me how is the treatment for a person addicted to gambling?

It depends on the level of addiction. You need to consult a doctor (in my case psychiatrist) to evaluate your problem and make an assessment. They also prescribe a medication if necessary.

Though sometimes a family's presence and advices are enough to refrain yourself in playing gambling games. Why are you doubting yourself?

[hahay]

Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

It is our emotion that are putting us in both, good or bad situation.

But if it's uncontrollable and you're facing the consequence of not controlling it, you're going to have that bad results because you cannot control it and it gives you the sensation that you have to keep going.

Sometimes continuing to gamble after a losing streak can be a good return, but the danger is that when we can't get those wins we will of course end up in bankruptcy. I think things like realizing stop time is still a tough thing, because in the game we are the only people who can control ourselves from the game we play, and therefore also giving up time to stop and come back tomorrow is something which is difficult if we are not disciplined.

[Sithara007]

Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

Chasing after losses is in basic human behavior. Only the most experienced gamblers will be able to overcome it. Even I have made this mistake, in my early days. If someone sticks to strict daily limits on gambling, then these issues will never arise. But unfortunately, most of the gamblers are not that organized. I was fortunate to avoid huge losses in my gambling history, but I know a lot of people who suffered them. It is a part of life in gambling. When you win, someone else is losing on the other side.

[traderethereum]

Guys... I was thinking to myself and I had this doubt.

Could someone tell me how is the treatment for a person addicted to gambling?
Is it something similar to an alcohol or drug addict? Or something like that?

Could someone explain to me!!?

Thanks!

I think the treatment will be building a new mind for him and trying to eradicate the addiction by giving him a new activity that must not be related to gambling so his mind can distract to think about gambling.
Maybe make him busy with the new thing can help his mind to focus on that new thing so he will not think about gambling anymore.
It could be similar to treating an alcohol or drug addict, but the difference is that a person addicted to gambling is not sick in his body and needs to change his mind.
But for the best answer, you can visit a psychiatrist who knows how to treat the addicted person to gambling.

[gagux123]

It depends on the level of addiction. You need to consult a doctor (in my case psychiatrist) to evaluate your problem and make an assessment. They also prescribe a medication if necessary.

Though sometimes a family's presence and advices are enough to refrain yourself in playing gambling games. Why are you doubting yourself?

I think the treatment will be building a new mind for him and trying to eradicate the addiction by giving him a new activity that must not be related to gambling so his mind can distract to think about gambling.
Maybe make him busy with the new thing can help his mind to focus on that new thing so he will not think about gambling anymore.
It could be similar to treating an alcohol or drug addict, but the difference is that a person addicted to gambling is not sick in his body and needs to change his mind.
But for the best answer, you can visit a psychiatrist who knows how to treat the addicted person to gambling.

Hmm, about your comments, I was able to conclude that a gambling addict is something similar to a drugs addict and the treatment can be similar.

I still believe that the addict can undergo psychotherapy and go to a psychiatrist to improve their results and get out of this addiction!!

[traderethereum]

I think the treatment will be building a new mind for him and trying to eradicate the addiction by giving him a new activity that must not be related to gambling so his mind can distract to think about gambling.
Maybe make him busy with the new thing can help his mind to focus on that new thing so he will not think about gambling anymore.
It could be similar to treating an alcohol or drug addict, but the difference is that a person addicted to gambling is not sick in his body and needs to change his mind.
But for the best answer, you can visit a psychiatrist who knows how to treat the addicted person to gambling.

Hmm, about your comments, I was able to conclude that a gambling addict is something similar to a drugs addict and the treatment can be similar.

I still believe that the addict can undergo psychotherapy and go to a psychiatrist to improve their results and get out of this addiction!!

It is almost similar but I believe there is a difference between drugs and gambling addicts so the treatment will not be too different.
But the difference maybe is about if they become heavily addicted because if you are drug-addicted, you risk your life and cause death.
Hopefully, the addicted people can realize that they need to change their life for the better.
Everyone deserves a second chance but that will only be for people who really want to change.

[molsewid]

Chasing after losses is in basic human behavior. Only the most experienced gamblers will be able to overcome it. Even I have made this mistake, in my early days. If someone sticks to strict daily limits on gambling, then these issues will never arise. But unfortunately, most of the gamblers are not that organized. I was fortunate to avoid huge losses in my gambling history, but I know a lot of people who suffered them. It is a part of life in gambling. When you win, someone else is losing on the other side.

So glad you now managed to avoid huge losses seems that you applied the learning that you've learned from your past experienced mate. Chasing after losses was also a reason why some or many of the gamblers fall for huge loses. And even the well-experienced or well-skilled gambler couldn't make a good game favor to him in just a first attempt. I said this in refer to my own experience because I do made chase after losses too and in the end I have just commit a much more losses but now I learned the best lesson for myself whenever I gamble and that is to have a proper self-limitation in everything I do especially in gambling.

[Rruchi man]

... I think people know the risks yet they still try.

People know the risk and still try because it is called gambling and they are well aware that it is a game of chance which they have misinterpreted to call luck, and they always tend to believe that are lucky and whenever they are feeling lucky, they always want to play and try out their luck as well.

Also, just like other vices legal and illegal, people are well aware of the negative effects even before they try or start it. As a matter of fact, they have accepted it, so they don't care.

Others just like to hide behind the saying "No risk, No reward".

[boyptc]

Sometimes we have to stop not following our emotions in order to bring back defeat. don't force everything to get what you want quickly, as if you don't remember that there is still tomorrow to start over, if it's like this there is no one to blame but yourself.

It is our emotion that are putting us in both, good or bad situation.

But if it's uncontrollable and you're facing the consequence of not controlling it, you're going to have that bad results because you cannot control it and it gives you the sensation that you have to keep going.

Sometimes continuing to gamble after a losing streak can be a good return, but the danger is that when we can't get those wins we will of course end up in bankruptcy. I think things like realizing stop time is still a tough thing, because in the game we are the only people who can control ourselves from the game we play, and therefore also giving up time to stop and come back tomorrow is something which is difficult if we are not disciplined.

You'll never know if you have your luck with you as you continue after having a losing streak. Well, you'll never know if you won't try.

The risk in gambling are everywhere, from the bets and as well as if you're going to continue or not.

[Silberman]

Guys... I was thinking to myself and I had this doubt.

Could someone tell me how is the treatment for a person addicted to gambling?
Is it something similar to an alcohol or drug addict? Or something like that?

Could someone explain to me!!?

Thanks!

I have not been subject to that kind of treatment but the treatment is very similar, after all even if you are not addicted to a controlled substance, since those that are addicted to gambling are addicted to an activity, it is known that the activity itself creates in your brain some of the very same chemical compounds found in illegal drugs, so chemically speaking there is no difference between being addicted to the substance and being addicted to an activity that causes the substance to appear naturally within the body.