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Author Topic: Man lost £20,000 in one night after becoming addicted to online gambling!  (Read 3792 times)
rhomelmabini (OP)
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May 11, 2021, 02:33:38 AM
 #1

Quote
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)
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May 11, 2021, 05:37:18 AM
 #2

Well glad he was able to talk it out with his family and friends. Knowing that someone cares about you at times just makes you realize that, well, you're pretty stupid and you gotta start moving properly. Wouldn't really say that the gambling firm was wrong or anything, that's the way they earn money, advertisements, and signup bonuses to lure users after all. Business is business and putting emotions into something like that would generally just end up in them losing money instead of earning.

As for him calling the firm, wasn't it the firm that called him? After losing that £20,000 in one night. It was also the firm that called the police to get him cause he was having suicidal thoughts. I do wonder if he bet all that money in one game, or in one session. Cause if it was one game, his argument of the firm calling him is reasonable, but if it was a session? Then nah. Plus, it's not like there isn't any rich dudes out there who bet that much, so it's kinda hard to differentiate it from people who are rich.

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May 11, 2021, 05:49:07 AM
 #3

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.

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May 11, 2021, 06:05:56 AM
 #4

Having read the article, everyone must have experienced that they lost control, especially when faced with unusual situations.
Calling Casino the guilty of his actions is not appropriate, because everyone has to be responsible for his action. The good think is now he's able to free from his addiction.
What made me curious is, why did Casino call him when he experienced that loss? Is this something that Casino should do because it knows the impact of the big loss can make someone take commit suicide.

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May 11, 2021, 06:09:17 AM
 #5

This addiction is so dangerous dude, people get in with hope that with a win that will change their life but end up losing everything in the end, always eventually! I think he should create a crowdfund so people can help him with his debts so that he is not tempted towards gambling again or think of ending life, because this isn't the end, one can always recover their happy life with hardwork and determination, and with a pledge to never gamble again! Hopefully he does good in his life and stand back!
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May 11, 2021, 06:52:36 AM
 #6

I do not believe the news as it is told.

Newspapers live by causing emotions in people, both positive and negative, and the Mirror even more so.

The way the story is told, it seems as if the protagonist had an ideal life, without any previous problems, and suddenly, overnight, he developed a serious gambling addiction problem.
maybe drugs as noted in a comment:

Quote
“I was a train wreck,” he said. “I was shut off, I was drinking more, I felt so down, so hopeless and so ashamed - I didn’t want to tell anyone, not even my family.

Bold is mine.

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May 11, 2021, 07:12:44 AM
 #7

I do not believe the news as it is told.

Newspapers live by causing emotions in people, both positive and negative, and the Mirror even more so.

The way the story is told, it seems as if the protagonist had an ideal life, without any previous problems, and suddenly, overnight, he developed a serious gambling addiction problem.
maybe drugs as noted in a comment:

Quote
“I was a train wreck,” he said. “I was shut off, I was drinking more, I felt so down, so hopeless and so ashamed - I didn’t want to tell anyone, not even my family.

Bold is mine.

the image on the page was that he was a very decent man actually. dresses nicely and shaved. but you can see his fingers with tattoos. take that jacket off and you will see that it's not just gambling that made him what he is today. there could be more skin-popping scars in there.

good for him though he realizes while he is still alive. hope he recovers well and finds a place in this world that is not related to casino.









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May 11, 2021, 07:29:38 AM
 #8

Quote
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)

Being addicted to gambling is a serious problem. But how can you justify to bet 20,000? For me this is so much money, I would never gamble with so much money. I would understand if you have won so much money before and if you want to keep gambling with it. But why not just take a little profit, like at least 5k? As reasonable gamblers we need to make sure that we use risk management to put advantage. In my opinion we should only use a fixed percentage of our bankroll in one week or month, to control our potential loses.

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May 11, 2021, 08:15:59 AM
 #9

This is why we need to control ourselves whenever we spend on something.
He should start to recover his self from it and learn to manage his money well.
This is too much he is too addicted to it and it would surely destroy his life if he couldn't control it or get away from that addiction.

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May 11, 2021, 09:09:40 AM
 #10

Being addicted to gambling is a serious problem. But how can you justify to bet 20,000? For me this is so much money, I would never gamble with so much money. I would understand if you have won so much money before and if you want to keep gambling with it. But why not just take a little profit, like at least 5k? As reasonable gamblers we need to make sure that we use risk management to put advantage. In my opinion we should only use a fixed percentage of our bankroll in one week or month, to control our potential loses.
Maybe he got that risky appetite and he try to risk whatever he wants on that day he lost that amount of money. To be honest, there are times where we can't control ourselves over things and especially if our emotions are on the way too.

There are ways to control but I think problem gamblers has nothing much to think when they goes on that screen or machine.
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May 11, 2021, 09:34:08 AM
 #11

This is why we need to control ourselves whenever we spend on something.
He should start to recover his self from it and learn to manage his money well.
This is too much he is too addicted to it and it would surely destroy his life if he couldn't control it or get away from that addiction.
With addiction, you can't do that since you have a poor control over your urges. Recovery is the only for this person because I don't believe that any other route isn't going to be good. Maybe his loved ones are going to intervene and convince him to do a therapy to cure this addiction.

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May 11, 2021, 10:22:10 AM
 #12

Quote
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 literally buried himself in massive debt...

gambling addiction is a serious thing, what happens if that person has a wife and children, then he makes his wife and children suffer because of his greed. here in my city, with £ 20,000 you can get a simple house in the middle of the city.



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May 11, 2021, 11:08:47 AM
 #13

Quote
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)
I agree with him that gambling advertisements can be crazy at times(especially the ones that are sent via email) but it is still wrong to put the blame on the gambling site but I also agree that gambling sites should be more attentive to their gamblers if they saw them losing a huge sum of money in a matter of day/s or week/s. Him, losing money on the gambling site was fine and I feel like he would be fine and can get over it but what ruined him and put him in that kind of situation is that he tried to get back the money he lost. I am just glad that his family and friends understood what he is going through(I know some people might find it hard to accept what he did) and is by his side to support him on his journey battling his addiction.


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May 11, 2021, 11:26:13 AM
 #14

This is just another terrible horror story of gambling addiction,but should we put the blame on the gambling industry?
Should we put of the blame on the alcohol industry for all the alcoholics?
Should we put the blame on the weapon industry for all the murders and violence?
Perhaps more government regulation will reduce such cases of addiction and deviant behavior,but I don't believe that the government will be that effective.
Maybe the only right way is to educate all the kids at school about the horrible side effects of getting addicted.

 

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May 11, 2021, 11:41:40 AM
 #15

It's a classic case of gambling addiction and nothing else. It happens when greed takes over the mind and drives it. I am glad that the fellow has finally started taking medical assistance from the competent people. However, I don't why the gambling companies are to be blamed here.

Quote from the article,

Quote
The advertisements are crazy - they need to be stopped or at least cut down significantly. It was the welcome bonuses and sign-up offers that lured me in, and from there I spent all day completely transfixed on different online casinos.

If your greed lures you into something that has a negative impact on your finances, why blame the gambling operators when they are operating legally? Rather why not blame your own greed?

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May 11, 2021, 12:21:28 PM
 #16

Quote
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)

Gambling and especially online gambling can be very dangerous. Everyone knows that but stories like this one illustrate this even more. I also think that some people are much more prone to addiction than others may it be smoking, alcohol or online gambling. So if you know of yourself that you are very easily get addicted to things you should never begin gambling at all. And for everyone else, you have to be very responsible and stick to both your budget and your gambling time.
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May 11, 2021, 12:26:18 PM
 #17

~snip~
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)
^ This has been a problem since the day gambling was created. But we all know that not all people had to experience this situation because they were properly oriented. I think on this one, the firm does not have any problem with it. We can’t also blame the person that much but he has to accept, endure and resolve the consequences it has done to him with his actions. The only option or resolution I see here is that I think it is mandatory for the gambling businesses with licenses to give proper orientation and credit checking to the players and help them allocate enough funds that they afford to lose before they play with the money they use for betting. Nevertheless, in this way, gambling businesses might not profit that much but this would resolve help the gamblers not ending up with this. And this would be rewarding to them.
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May 11, 2021, 12:48:32 PM
 #18

The fact that he thought of ending his life, he must be in big trouble.

I lost big money in the past as well, but I never thought of ending my life, I can say that this person is weak, he should have stayed away from gambling so he will not ruin his life, all of what he did is just because of his mistake, he failed to manage the risk in gambling and he goes with his emotion.

In this case, I think he badly needs help, he has a disease now that can only be healed if he is willing to.

Hopefully this will not happen to our fellow gamblers here.

R


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May 11, 2021, 01:18:13 PM
 #19

I think most people that gamble on a weekly basis are in more ways than one addicted to gambling. We do not like to admit it and probably think we know our limits but how many times have the members here in this thread gone past their limit? I know I have.

Gambling addiction is more common than we think and if you tally up the amount of money that you could have saved over the years it would have probably been a better idea to invest that into a business and take your chances there rather than mostly playing against a system that is designed to beat you in the long run.
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May 11, 2021, 01:22:40 PM
 #20

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.
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