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Author Topic: Man lost £20,000 in one night after becoming addicted to online gambling!  (Read 3792 times)
milewilda
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June 03, 2021, 09:47:36 PM
 #181

To someone who has no control over his actions, this is bound to happen. The guy has no one to blame for this misfortune other than himself. Because it's impossible that in the instances that he's betting, he's not at least getting a win or two. Which he could've capitalized on instead of wagering it and literally throwing it down the drain.
He should blame himself for doing that thing and make him lose too big money. But that if he realizes of what he already did before. But I wonder if he can stop gambling because of his losses because if he is addicted to gambling, I guess he will hard to stop his habit of playing gambling. He will still play gambling, although he already loses the money. Although he can win one or more times, it will difficult to recover his losses because that is a lot of money.
Chasing loses is one of the problems on where gamblers do experience is on where they do tend to chase out on what they had lost and even having the option to take some loan
or make use of their life savings which is really a bad idea and if you dont like to mess up your life then you should think on what are your priorities
and dont spent up on the money that you can afford to lose because those are intended for other purposes.Come to think on what would be the other things
you can buy with that 20k you had lost in gambling site? Only play for leisure but dont go overboard.
Yes, it is. Many gamblers still try to chase their losses the next day and with more money because they do not like to see the previous losses before. But if they take some loan to chase the losses, they can get a double loss at the same time because he does not have money to repay the loan, plus he will lose the money he borrows. Using the saving money will not be recommended because that money is for life and you use it for your own benefits and not for playing gambling. But it seems people tend to use more money to try to win the game. Playing gambling is fun, but we need to know when we must stop gambling.

We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.This is actually a matter of choice and its true that gambling is for the sake of fun.
Gamblers had just different perception towards it where they do see it as a money making machine without any realizations
until the reality comes and tell to themselves that they were wrong.

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June 03, 2021, 10:11:21 PM
 #182

[snip]
We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.
Well, this is good advice before we put ourselves into an addiction. Gambling addiction is easy to manage if you can limit and control yourself, --handling such possible negative situations that may occur ahead is a good move towards how to fight addiction. I don't know why there are people who always fall into this, are they greedy because they always think and chase the money knowing that they already wiped out their money?
On another side, we are lucky enough here because we can able to educate ourselves about possible consequences that may occur and avoid them while it is early. Because when you are in a stage of addiction, it is hard to cure and perhaps due to your mental illness you will decide to commit crimes which is the worst.









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June 05, 2021, 04:33:46 PM
 #183

But how is this the fault of the casino?

The casino is merely offering a transaction to everyone that is interested in taking it on. Any player is well informed that they are taking on a losing proposition in the long run - whether or not they plan on actioning on that knowledge is their choice only.

I'm not saying that what the man has gone through is insignificant, not at all. I'm just questioning the validity of blaming the counterparty of a transaction that you had willingly entered.

This is a horrible and terrifying losses that a gambler may encounter. But I think it's no use of blaming the Casino or the institution where a person got lose that huge amount of asset because he really now already the consequences of gambling that much without a limit or a self control. I mean, this institution is just offering an entertainment, a service to those gamblers, it is also a business at the same time so this institution were not going to throw the person out of the building once it lost that amount as long as he has a money that he can use to place a bet. At the end of the day it is ourselves who are responsible to whatever the result of our action turns out.
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June 05, 2021, 05:22:06 PM
 #184

[snip]
We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.
Well, this is good advice before we put ourselves into an addiction. Gambling addiction is easy to manage if you can limit and control yourself, --handling such possible negative situations that may occur ahead is a good move towards how to fight addiction. I don't know why there are people who always fall into this, are they greedy because they always think and chase the money knowing that they already wiped out their money?
On another side, we are lucky enough here because we can able to educate ourselves about possible consequences that may occur and avoid them while it is early. Because when you are in a stage of addiction, it is hard to cure and perhaps due to your mental illness you will decide to commit crimes which is the worst.
Yes good advice from you guys, and I think it all depends on the experience and how long you have been betting and it will be getting to know yourself in gambling which allows you to control yourself and see the portion and quality before betting.
Most of the gamblers suffer big losses because they do not have enough experience and cannot know their abilities when betting what to improve and what to develop in order to become a responsible gambler and can control themselves well.
To become an expert gambler requires a long way to master yourself and gamble.

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Roidz
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June 05, 2021, 06:29:38 PM
 #185



The person is weak and sinful ... I cannot condemn this person. 


Yes we should understand these people, people with weak character are like this, they easily fall into something that can excite them, and if they can't control their addiction, their lives become miserable and hopeless, instead of condemning them we should understand them and offer and give them help, gambling addiction can be overcome, they just need understanding and help.
It's easy to understand them.

But next to it is how people like him would have to recover from this experience. If he wants to get some help, he can do it.

And in short, things will depend on how he's going to act after this big loss.
I'm not sure that losing money will make him stop gambling, I think gambling is like a person addicted to narcotics and it will be very difficult to get rid of even if he experiences considerable pain or loss, especially if he still has some money of course he will continue to try to play so that they can return every penny of the lost money, because basically everyone who loses gambling will have a grudge and also feel challenged to get his money back.

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boyptc
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June 05, 2021, 09:02:43 PM
 #186



The person is weak and sinful ... I cannot condemn this person. 


Yes we should understand these people, people with weak character are like this, they easily fall into something that can excite them, and if they can't control their addiction, their lives become miserable and hopeless, instead of condemning them we should understand them and offer and give them help, gambling addiction can be overcome, they just need understanding and help.
It's easy to understand them.

But next to it is how people like him would have to recover from this experience. If he wants to get some help, he can do it.

And in short, things will depend on how he's going to act after this big loss.
I'm not sure that losing money will make him stop gambling, I think gambling is like a person addicted to narcotics and it will be very difficult to get rid of even if he experiences considerable pain or loss, especially if he still has some money of course he will continue to try to play so that they can return every penny of the lost money, because basically everyone who loses gambling will have a grudge and also feel challenged to get his money back.
It's the same as other activities that make someone addicted. There are people that after a big loss, they stop wholly and they don't want to recover it anymore.

But as we know, many would like to recover it and that's going to be the most common reaction of a gambler if he losses a lot. A newbie gambler would take most that he has but if he's scared to lose everything that he has then he will stop. Again, it will depend to him the things that he'll do next.



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June 05, 2021, 09:19:44 PM
 #187



The person is weak and sinful ... I cannot condemn this person.  


Yes we should understand these people, people with weak character are like this, they easily fall into something that can excite them, and if they can't control their addiction, their lives become miserable and hopeless, instead of condemning them we should understand them and offer and give them help, gambling addiction can be overcome, they just need understanding and help.
It's easy to understand them.

But next to it is how people like him would have to recover from this experience. If he wants to get some help, he can do it.

And in short, things will depend on how he's going to act after this big loss.
I'm not sure that losing money will make him stop gambling, I think gambling is like a person addicted to narcotics and it will be very difficult to get rid of even if he experiences considerable pain or loss, especially if he still has some money of course he will continue to try to play so that they can return every penny of the lost money, because basically everyone who loses gambling will have a grudge and also feel challenged to get his money back.
It's the same as other activities that make someone addicted. There are people that after a big loss, they stop wholly and they don't want to recover it anymore.

But as we know, many would like to recover it and that's going to be the most common reaction of a gambler if he losses a lot. A newbie gambler would take most that he has but if he's scared to lose everything that he has then he will stop. Again, it will depend to him the things that he'll do next.
Its indeed depending on someones decision and perception towards gambling because there are indeed people who do just simply quit and doesnt look back when they lost big on gambling into their first few tries as there are people who do really have these kind of reactions.
Your fate in gambling will really be depending on how you do deal with it and what are the safety measures in terms of risk once you do engage on it.
You are indeed prone to addiction which might really hook you up if you arent that sensible towards your actions.Dont ever chase losses because this is the main trigger out on initial addiction if you arent good on controlling it.

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June 06, 2021, 07:04:09 AM
 #188

Dont ever chase losses because this is the main trigger out on initial addiction if you arent good on controlling it.
It is a mistake that many have been doing. It's hard to stop yet there are many that keep on doing it. In terms of control, those who have experienced it before will have to stop themselves.

Losing that much money will make them alert for the next moves that they do. Like the guy on the topic.



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June 06, 2021, 07:09:53 AM
 #189

He is certainly not the first and only one who suddenly loses so much money. On the forum I have read stories of people who have lost a lot more. If you have 21k in your bank account, and you become addicted and then lose 20k, it hurts for a while. His only lesson now is to stop immediately and build a bankroll again. Then don't gamble. nowadays it is so easy to waste your money online.
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June 06, 2021, 08:24:37 AM
 #190

We should know our limits and we should be clever when handling out situations, Try to balance everything if it turns out to be beneficial for you
or would really be putting you out on disadvantage.This is actually a matter of choice and its true that gambling is for the sake of fun.
Gamblers had just different perception towards it where they do see it as a money making machine without any realizations
until the reality comes and tell to themselves that they were wrong.
When that gambler has much experience in gambling games, he will know his limits and never break them. But we know that not many gamblers can do that, especially new gamblers who will lack control in gambling games. It is not easy to manage the limit in gambling and it needs time before we can control ourselves. If they think that gambling can become a money-making machine, they are wrong and it will not take too long for them to realize what they do is wrong.

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June 06, 2021, 09:26:33 AM
 #191

I guess that is one of the scary part about gambling addiction, as most of the gamblers who are seriously addicted to gambling will not realize their gambling addiction until they are heavily in debt, some of the gamblers might feel hopeless about their future after incurring a huge amount of money in debt and they might start to think of committing suicide as a way to end their debt problems. Even though it might be difficult to repay all the debts within a short period of time but life is precious and I believe if the gambler quit his gambling addiction and start to earn a stable income monthly, he could still start a new life and eventually clear all his debts as time passes.

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June 06, 2021, 09:55:54 AM
 #192

I guess that is one of the scary part about gambling addiction, as most of the gamblers who are seriously addicted to gambling will not realize their gambling addiction until they are heavily in debt, some of the gamblers might feel hopeless about their future after incurring a huge amount of money in debt and they might start to think of committing suicide as a way to end their debt problems. Even though it might be difficult to repay all the debts within a short period of time but life is precious and I believe if the gambler quit his gambling addiction and start to earn a stable income monthly, he could still start a new life and eventually clear all his debts as time passes.
Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.

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June 06, 2021, 12:51:17 PM
 #193

Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.

If he was indeed rich, then this story would have never got published in the tabloids. The reason why this story went viral is because this guy is almost bankrupt now and he is blaming the casino for not preventing his losses. As we all know, it is ridiculous to blame the casino instead of himself. The casino can be blamed only if they had rigged some of the games. As of now, there is no evidence for any of this. It was the responsibility of the gambler to play in an accountable manner, and he couldn't do that. 
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June 06, 2021, 04:04:16 PM
 #194

To someone who has no control over his actions, this is bound to happen. The guy has no one to blame for this misfortune other than himself. Because it's impossible that in the instances that he's betting, he's not at least getting a win or two. Which he could've capitalized on instead of wagering it and literally throwing it down the drain.
He should blame himself for doing that thing and make him lose too big money. But that if he realizes of what he already did before. But I wonder if he can stop gambling because of his losses because if he is addicted to gambling, I guess he will hard to stop his habit of playing gambling. He will still play gambling, although he already loses the money. Although he can win one or more times, it will difficult to recover his losses because that is a lot of money.
I am not sure this guy is going to get over the shock of losing such a whopping amount of money on gambling, he need close counselling, I believed in bid to recoup his losses he continue to gamble thus couldn't control his emotion and stop as a result of strong addiction, this is a wake call to gamblers who gambles blindly in a bid to become rich overnight to desist from gambling with huge amount of money but rather gamble with the amount of money they can afford to lose.

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June 06, 2021, 05:17:29 PM
 #195

Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.

If he was indeed rich, then this story would have never got published in the tabloids. The reason why this story went viral is because this guy is almost bankrupt now and he is blaming the casino for not preventing his losses. As we all know, it is ridiculous to blame the casino instead of himself. The casino can be blamed only if they had rigged some of the games. As of now, there is no evidence for any of this. It was the responsibility of the gambler to play in an accountable manner, and he couldn't do that. 

Even in this case eI don't find the story shocking or overly interesting. I bet (haha) that happens on a daily basis almost everywhere in the world. They lose control, maybe are drunk, and just go nuts. Ever been in Vegas anyone? I've been a couple of times and I saw people coming out the casinos crying. I am sure they did not only lose a few hundred bucks that night.

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June 06, 2021, 10:48:05 PM
 #196


I am not sure this guy is going to get over the shock of losing such a whopping amount of money on gambling, he need close counselling, I believed in bid to recoup his losses he continue to gamble thus couldn't control his emotion and stop as a result of strong addiction, this is a wake call to gamblers who gambles blindly in a bid to become rich overnight to desist from gambling with huge amount of money but rather gamble with the amount of money they can afford to lose.

If you are a newbie and you know the cardinal rule of not playing with money that you can afford to lose, it will go out of the window once you tasted huge winning just when you are starting to gamble, you will not even notice that you are adding more funds to your account you have built a defense mechanism believing that you already know the game and you can get all your losses back, and it will only stop once you realize that you have nothing to put more anymore.
Some compulsive gamblers go to the extend of making a loan or sell everything that he has and some become criminal just to sustain this deadly habit.

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June 06, 2021, 10:58:06 PM
 #197

Yes that is very bad but he seems to be a rich man, with him willing to bet a very large amount in just one night at least it identifies the gambler as having wealth. Indeed, gambling in big numbers isn't always about the rich because the poor can do it, but whether someone with £20,000 is considered poor and I don't think so. Therefore, he lost because of greed and with that defeat too, it was greed that might make him realize to quit gambling addiction but indeed, some of them will realize because they are in debt.

If he was indeed rich, then this story would have never got published in the tabloids. The reason why this story went viral is because this guy is almost bankrupt now and he is blaming the casino for not preventing his losses. As we all know, it is ridiculous to blame the casino instead of himself. The casino can be blamed only if they had rigged some of the games. As of now, there is no evidence for any of this. It was the responsibility of the gambler to play in an accountable manner, and he couldn't do that. 

Ohh that's a cheap shot and considered desperate on the part of the gambler.

Blaming others for the mistake that you put yourself into is definitely a sign of addiction. They will always try to rationalize their wrong actions by putting the blame into others, hoping that they could save their face and their situation.

Like what I previously mentioned, there is this so called 'gambler's cycle' wherein once you start winning or losing in a bet, you will most likely bet again until you win or recover the losses that you incurred. This is most likely the situation that happened with this person. He won, he lost, he won again, he lost and the story continues until he depleted every resources he had.

R


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June 07, 2021, 09:34:34 AM
 #198

To someone who has no control over his actions, this is bound to happen. The guy has no one to blame for this misfortune other than himself. Because it's impossible that in the instances that he's betting, he's not at least getting a win or two. Which he could've capitalized on instead of wagering it and literally throwing it down the drain.
He should blame himself for doing that thing and make him lose too big money. But that if he realizes of what he already did before. But I wonder if he can stop gambling because of his losses because if he is addicted to gambling, I guess he will hard to stop his habit of playing gambling. He will still play gambling, although he already loses the money. Although he can win one or more times, it will difficult to recover his losses because that is a lot of money.
I am not sure this guy is going to get over the shock of losing such a whopping amount of money on gambling, he need close counselling, I believed in bid to recoup his losses he continue to gamble thus couldn't control his emotion and stop as a result of strong addiction, this is a wake call to gamblers who gambles blindly in a bid to become rich overnight to desist from gambling with huge amount of money but rather gamble with the amount of money they can afford to lose.
I am not sure if he can control himself from the shock of losing that much money because, realizing or not, that still big money for him and us. He must stop his gamble and not trying to recover his losses because that will be hard. Yes, he needs counselling from a pro, but that is only if he realizes that he really needs that because some gamblers do not see their problem instead of playing gambling. We really need to avoid losing that much money and always control ourselves in playing gambling.

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June 07, 2021, 11:35:33 AM
 #199

I don't blame the victim rather, it happens regularly and his not the first person, of the victim age is less than 18, that's means he is not strong enough to fight against been addicted, it's very necessary to be careful when playing casino games because its very addictive, I just hope his family will console him while support him from not commiting suicide.
Blaming others for the mistake that you put yourself into is definitely a sign of addiction. They will always try to rationalize their wrong actions by putting the blame into others, hoping that they could save their face and their situation.
I won't ever blame the victim for any reason, casino games are very addictive and it takes the strong mind to overcome it, most of the times I have lost money on Plinko game within 5 minutes and I know how it is, the victim may get a lot of money at hand and will voe to himself to recover from previous losses, having this instinct in mind makes you lose lots of money, the only secret to win this it to stop playing when you loose about three hits in a row, and wait for another day maybe you may be lucky the next time.
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June 07, 2021, 12:26:17 PM
 #200

I won't ever blame the victim for any reason, casino games are very addictive and it takes the strong mind to overcome it, most of the times I have lost money on Plinko game within 5 minutes and I know how it is, the victim may get a lot of money at hand and will voe to himself to recover from previous losses, having this instinct in mind makes you lose lots of money, the only secret to win this it to stop playing when you loose about three hits in a row, and wait for another day maybe you may be lucky the next time.
We're not using our pov here though, we're using the pov of the gambler, and said gambler is blaming someone else for his loss. It's basically a hysteric at this point, one that doesn't make sense and just throws logic out the window, skewing everything to make it work for him. Besides, the mindset of actually trying to recover your losses isn't one you should have when gambling. It's for entertainment, joy, only spend what you can. I can only blame the victim if that were the case tbh.

R


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