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

[boyptc]

Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

[Saisher]

You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.

[Vishnu.Reang]

If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.

Some of the casinos have a rule that you need to spend a minimum amount of money on the games (but that is only applicable if you win a huge amount in your very first game). Other than that, they can't legally hold you back against your will. While visiting a casino, you need to be aware of two things - about your rights, and the policies of the casino. A lot of new gamblers find themselves in a sticky position, when they win a huge jackpot in the first game. The problem here is that they can't take the money and make their exit. As per the conditions, they need to play until a particular turnover limit is reached.

[madnessteat]

Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

The pursuit of lost money in casinos never leads to good things. After losing money, a person is in a state of emotional excitement, due to which he commits ill-considered and super-risky bets. If a person came to the casino to win back, then he clearly does not understand what he is doing.

[ShowOff]

Gambling addiction should be considered a serious problem because addiction will make players continue to play without stopping and not a few of them regretted it all after all the money they had was gone. It's not about how much money we can spend, but how well we are responsible for the gambling we do so that regret never causes many other problem after losing.

[Oilacris]

Gambling addiction should be considered a serious problem because addiction will make players continue to play without stopping and not a few of them regretted it all after all the money they had was gone. It's not about how much money we can spend, but how well we are responsible for the gambling we do so that regret never causes many other problem after losing.

Addiction had been always the most common problem with gambling and this is also the reason on why this industry is way profitable for business owners due to that kind of behavior on where most players does have.

When you get hooked and already had that kind of addiction then thinking up clearly and well is impossible.The main priority of yours would be definitely on how to make profits with gambling.

Potential loss would really be sky is the limit and as long you do have still funds into your pocket then that wouldnt be a problem until you do find yourself in the problem of big debts and losses.

[michellee]

Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

Whether it is online or offline gambling, it will have a risk and many people already prove that by losing their money in gambling. If you are still trying to chase your losing money without thinking to stop for a while, you will only lose more money. Once you realize how much money you already lose, you will regret it because that will be big money you already spent on gambling. Stopping gambling as soon as possible is more important than using more money to gamble.

Basically, gambling without stopping will also not be a problem, because the problem is that you are not good enough to control your emotions. Well, maybe it's true that it's better to stop when you get a losing streak but I think when you go back to gambling it still doesn't guarantee an easy win. So in this case I just believe, when you have had a losing streak and continue to gamble the main thing to avoid is, not to have a target of taking what you have lost because of course it will be a target that will spoil your own focus, gamble calmly because only a good mood will allow you to enjoy gambling.

If you can manage your money, that will not be a problem, but you will lose all of the money. Once you lose the money, you will say to recover that losing money and try hard to place more bet. So that will be better if you can stop for a while and rest to reduce your tension and not think about recovering your losing money. I prefer to enjoy the game and spend some money without thinking much about recover the lost money or win more money because that will be difficult for me.

[boyptc]

You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.

That's basic for the new comers.

They'll have that feeling of being new and thinks that they all have the luck with them. And even if they go to zero with their pockets.

As long as they have belongings to sell, they won't stop but will eventually sell those things they've got and that's even harder to stop.

[wxa7115]

Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

The issue is that once a person becomes addicted to gambling they cannot distinguish where that stop point really is, the story that made the OP to create this thread clearly illustrates this point.

The person behind the news lost all his money, this should have been a wake up call and it should have made him stop, after all he lost all his money, what else is there to lose right? But thinking about recovering that money he asked for loans to banks, friends and family members and lost that money too, so not only he lost his money he lost money that did not even belonged to him as he tried to recover the money that he had already lost, so even if it seems there is no other option but to stop for those that are addicted this does not hold true as they are willing to do anything to keep the addiction going.

[Johnyz]

You have no option if you keep on losing but to stop.

Check the situation of the story that OP has shared and the guy can't resist gambling because there could be something on his mind that we don't know.

If you are playing in a casino for the first time, you are always tempted to continue, the surrounding is created to make you play continuously, they have foods drinks credit line, you can only stop if you do not have money or you are deep in loan, they will only let you go until they have nothing to squeeze out to your pocket and bank account.

That’s why don’t go to casinos with extra money or any cards, you’d better play with only the money you can afford by that day and don’t let those casinos take over your budget. The OP losses money because of greed as he continue to gamble out his financial capacity, casinos wont stop you by doing this they’d loved it and if you have a weak emotion in gambling, I suggest not to play that much.

[Renampun]

Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

The pursuit of lost money in casinos never leads to good things. After losing money, a person is in a state of emotional excitement, due to which he commits ill-considered and super-risky bets. If a person came to the casino to win back, then he clearly does not understand what he is doing.

someone who continues to gamble with the thought that he will continue to win is pure addiction...

playing gambling is fun when we don't chase money too much from it, most of those who win are those who play casually and don't really chase victory. the story that the OP raised is the phenomenon of a gambling addict who can't control himself and doesn't know when to stop.

[Lanatsa]

Yes online gambling is risky especialy when you start losing money and keep trying to get your lost money and in the end you find your self losing more i lost a considerate amount of money this way i think the best thing to do when you're in a losing streak is to stop gambling for a while to get a fresh start after some time because the pressure make you unstable and cloud your jugment.

The pursuit of lost money in casinos never leads to good things. After losing money, a person is in a state of emotional excitement, due to which he commits ill-considered and super-risky bets. If a person came to the casino to win back, then he clearly does not understand what he is doing.

someone who continues to gamble with the thought that he will continue to win is pure addiction...

playing gambling is fun when we don't chase money too much from it, most of those who win are those who play casually and don't really chase victory. the story that the OP raised is the phenomenon of a gambling addict who can't control himself and doesn't know when to stop.

Not at all because there are non addicted gamblers who do play but actually aiming for making profit or money but of course this kind of motive will definitely be molding you as one of been addicted which will cause some problem later on.

When it comes to potential loss then sky would be the limit because we know gambling that as long you do have funds to spent on then  that would be the potential money that you can potentially lost when you do play.

So this is why only use up the money which are intently for gambling and not came nor compromising the money you do have as life savings or for emergency.

[harizen]

someone who continues to gamble with the thought that he will continue to win is pure addiction...

Pure addiction? Maybe not. Isn't it the reason why we gamble? Of course, to expect and thought that we will win.

As long as we are responsible outside the gambling world, I don't see anything wrong with becoming a gambling addict.

I'm a gambler for almost 2 decades, already experience heavy losses on the way, but still in myself. It's just a matter of how will you deal with your gambling addiction.

[chaser15]

playing gambling is fun when we don't chase money too much from it,

It's more fun if we won. Since we are taking gambling as fun, why not try to take it to another level by pursuing a win at any means.

Strategy-based games are a type of gambling where we can actually make a continuous winning streak with some occasional loss on the way which is common.

If we always make it right, the percentage of our winning rate will be more compared to our losing streak. That's where gambling will be more fun rather than for just every session, you will always think that your money is the amount you afford to lose. Combined all that amount you afford to lose and you will realize you are already at a big loss.

[Sithara007]

The pursuit of lost money in casinos never leads to good things. After losing money, a person is in a state of emotional excitement, due to which he commits ill-considered and super-risky bets. If a person came to the casino to win back, then he clearly does not understand what he is doing.

When you lose a couple of games initially, the gamer realizes that luck is not on his side and in all probability he will quit. But the problem is when you win your initial games. Then the gamer will get excited and he starts to dream of becoming a billionaire. Then he participates in various games in a mechanical manner and starts to lose them. Due to the excitement from the initial wins, he refuses to admit that he is losing. And this is the most dangerous phase. Very soon, whatever gains made from the initial games are lost and the gamer will end in deep loss.

[molsewid]

Gambling addiction should be considered a serious problem because addiction will make players continue to play without stopping and not a few of them regretted it all after all the money they had was gone. It's not about how much money we can spend, but how well we are responsible for the gambling we do so that regret never causes many other problem after losing.

I'm afraid of the thought of the possible outcomes of being gambling addicted. It is already proven and tested what are the consequences when a person got really involved in gamblinh and worst found his happiness in gambling. The consequences of being broke, the risk of his lives due to debt that he has committed, the possible to commit crimes like robbery just to ba able to pay his debt or even to be able to play again or gamble again. This is really a serious problem that everyone should take seriously, I mean there is nothing wrong with gambling just watch yourself don't fall on trap of being addicted.

[iTradeChips]

I've seen a lot of people who are addicted to gambling. They aren't  just gambling addicts, they are addicted to adrenaline , many of them addicted to winning, addicted to risky situation. Many of them seeing gambling as a saviour. They dont realise one inetivable thing: At the end they will damaged themself as psychologically. Money can buy everything except time and health.

Truth about gambling addiction as you have rightly said. But for a man to have lost £20000 it's way beyond addiction has you have pointed out.  After now what's the possibility of the victim to avoid gambling (self exclusion) because addiction is very difficult to stop and how do we advice victims of gambling addiction to help reduce their losses and also help then build a better money management format.

The issue of addiction is the one that needs to be taken seriously here. Since addiction comes in many forms and can be anything from shopping or eating addiction to drug and gambling addiction. It is an illness that needs to handled by medical professionals and psychologists. Addiction can also form depression and anxiety in the long run which further complicates things and makes the person more dependent to the "drug" whether it is to gamble in a casino, or spend lots of money buying clothes you seldom use.

[hahay]

Gambling addiction should be considered a serious problem because addiction will make players continue to play without stopping and not a few of them regretted it all after all the money they had was gone. It's not about how much money we can spend, but how well we are responsible for the gambling we do so that regret never causes many other problem after losing.

I'm afraid of the thought of the possible outcomes of being gambling addicted. It is already proven and tested what are the consequences when a person got really involved in gamblinh and worst found his happiness in gambling. The consequences of being broke, the risk of his lives due to debt that he has committed, the possible to commit crimes like robbery just to ba able to pay his debt or even to be able to play again or gamble again. This is really a serious problem that everyone should take seriously, I mean there is nothing wrong with gambling just watch yourself don't fall on trap of being addicted.

Therefore, be a responsible gambler. Because by being a responsible gambler, even though the gambler has lost a lot of money in gambling, it still won't ruin his life. We don't need to be a professional gambler to be a responsible gambler, because whoever you are who has become a player then you should be able to become a responsible player, and with good control it will keep you a healthy gambler and can keep things going well.

[mindrust]

Therefore, be a responsible gambler. Because by being a responsible gambler, even though the gambler has lost a lot of money in gambling, it still won't ruin his life. We don't need to be a professional gambler to be a responsible gambler, because whoever you are who has become a player then you should be able to become a responsible player, and with good control it will keep you a healthy gambler and can keep things going well.

I don't think you can still be a responsible gambler even though you lose too much money on gambling.

The way I see it, you can be a responsible gambler only if you don't lose more than you can afford to. Losing too much money means you are pretty addicted to gambling. There is no way I can view this as being responsible. It sounds more like an excuse.

[bryant.coleman]

I don't think you can still be a responsible gambler even though you lose too much money on gambling.

The way I see it, you can be a responsible gambler only if you don't lose more than you can afford to. Losing too much money means you are pretty addicted to gambling. There is no way I can view this as being responsible. It sounds more like an excuse.

If you are losing money regularly, then you should not be gambling in the first place. But you need to analyze your condition after a while. The house advantage is usually 1% or 2% depending on the casino. So if you are playing a game with 50% chance of win, you should at least win 4 out of 10 games. If it is like 1 out of 10, it is time to take a break and admit that it is not your lucky day. If this can't be done easily, then another way to follow it is not to carry too much cash to the casino. Take only limited amount of cash and don't take your credit card along. Once the money is finished, you won't be able to gamble again.