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

[mindrust]

For people like me, who gamble once in a while for purely entertainment purposes, we have strict limits on money that could be spent for this purpose. The last time I visited a casino was in 2019. And regarding sportsbooks, I make a bet once in a week or so, but with moderate amounts (like BTC0.001 or BTC0.002). For compulsive gamblers, that is not the case. They think about gambling 24x7, which makes it impossible to adhere to strict limits. For such people, unless they can distract their mind by engaging in some other activity, there is no hope for redemption.

The problem is that not everyone has the same control as you plus this compulsive gamblers doesn't really have that much control over their urges, I understand that they try but the urge is just strong and you can't just say to them to stop when they want to because again, it's not in their control.

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

[Fortify]

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.

Totally agree! 
This sentence "I can loose too much money but i still be a responsible gambler " this is some kind of nonsense. First part and second part is contradictory to each other. If you're loosing 20k, you're not a "responsible gambler" for sure 

It's all about proportion really, for a small group of rich people losing 20k would be a minor inconvenience which they could easily overcome and it would never be a news story. For this guy I have a feeling it is a life changing sum that may take several years to pay back. It might be even more expensive if he took out a loan or needs to use a loan in future where he will be paying an interest rate on top. I think there should be some sort of regulation in place that means you need to build up to such amounts, if you go from betting $10 per day, maybe you need to bet $100 the next day before it will let you bet $1000 the day after that. It would be a very simple but effective form of regulation and not overly restrictive to either the gambler or the gaming house. What needs to be stamped out is bankruptcy for this sort of reckless behavior, people shouldn't be allowed to default on loans or other credit in these situations where they have been extremely greedy.

[molsewid]

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

This is absolutely true there are many or some gamblers that rely their lives by making money on gambling which is very risky. There is no such guarantee that you can be able to earn money from gambling every single day, you will be a winner sometime and a loser at the same time. As a gambler I am practicing to myself to have a very strict limitation in my time and money spend in my gambling activities also I am doing it for fun and not that seriously with heavy reason why I am doing gambling.

[ethereumhunter]

For people like me, who gamble once in a while for purely entertainment purposes, we have strict limits on money that could be spent for this purpose. The last time I visited a casino was in 2019. And regarding sportsbooks, I make a bet once in a week or so, but with moderate amounts (like BTC0.001 or BTC0.002). For compulsive gamblers, that is not the case. They think about gambling 24x7, which makes it impossible to adhere to strict limits. For such people, unless they can distract their mind by engaging in some other activity, there is no hope for redemption.

The problem is that not everyone has the same control as you plus this compulsive gamblers doesn't really have that much control over their urges, I understand that they try but the urge is just strong and you can't just say to them to stop when they want to because again, it's not in their control.

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

Many people test their luck by playing gambling games but most of them lose their money in just one chance. But that will not stop them from testing their luck in the next days because they will think that their luck will come to them the next days. The gambling games really attract and seduce them to come back to gambling and use more money to gamble.

[fullhdpixel]

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

This is absolutely true there are many or some gamblers that rely their lives by making money on gambling which is very risky. There is no such guarantee that you can be able to earn money from gambling every single day, you will be a winner sometime and a loser at the same time. As a gambler I am practicing to myself to have a very strict limitation in my time and money spend in my gambling activities also I am doing it for fun and not that seriously with heavy reason why I am doing gambling.

Most people who rely on gambling do it either on sportsbooks or do it on poker. I do not know many people who rely on slots for their livelihood, that is not going to be easy to handle and I am sure most people would end up broke in few months, there is house edge there which would make sure that you end up losing all of it. Sportsbooks makes a tiny bit more sense, there is still a huge house edge there as well but at least if you are interested in the sports you would know who will win and who will lose, even sometimes get lucky.

The other day I said Hamilton will not leave Silverstone to Max and yeah there was a crash which made it easier for Hamilton to win that race, but I still won, while every book showed Max as the favourite, sometimes luck and knowledge gets together in a sportsbook and helps you earn money as well, I am quite sure poker has no house edge neither so that still works perfectly well.

[LUCKMCFLY]

For people like me, who gamble once in a while for purely entertainment purposes, we have strict limits on money that could be spent for this purpose. The last time I visited a casino was in 2019. And regarding sportsbooks, I make a bet once in a week or so, but with moderate amounts (like BTC0.001 or BTC0.002). For compulsive gamblers, that is not the case. They think about gambling 24x7, which makes it impossible to adhere to strict limits. For such people, unless they can distract their mind by engaging in some other activity, there is no hope for redemption.

The problem is that not everyone has the same control as you plus this compulsive gamblers doesn't really have that much control over their urges, I understand that they try but the urge is just strong and you can't just say to them to stop when they want to because again, it's not in their control.

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

Many people test their luck by playing gambling games but most of them lose their money in just one chance. But that will not stop them from testing their luck in the next days because they will think that their luck will come to them the next days. The gambling games really attract and seduce them to come back to gambling and use more money to gamble.

You are right, years ago, when I was barely 18 years old, I went to a casino, and had some money saved, but I did not know how to bet, suddenly I bet everything I had and lost it, I felt so frustrated that I had to return home and looking for more money, all that I had and I returned to the casino to continue gambling, I lost it again.

At that moment I understood that everything I was doing was wrong, the worst thing was looking for more money to lose it, what I learned is that you should not seek revenge, then later what I did was return to the casino with another vision, and I was not looking for big profits, only small profits and that was what I was satisfied with, I think that's what it's all about, making profits even if they are few, in the end it is better to win than to lose.

[Lanatsa]

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

This is absolutely true there are many or some gamblers that rely their lives by making money on gambling which is very risky. There is no such guarantee that you can be able to earn money from gambling every single day, you will be a winner sometime and a loser at the same time. As a gambler I am practicing to myself to have a very strict limitation in my time and money spend in my gambling activities also I am doing it for fun and not that seriously with heavy reason why I am doing gambling.

Majority of people saying that you cant make a living with gambling but there are actually some people whom do able to do so and those are professional ones and this is some of people target on where

they could really do walk on the same path which I do really believe that only a few could able to sustain themselves with this risk thing like gambling where winning isn't really an assurance.

Potential loss is sky is the limit on where it could really turn you to poor from being millionaire on shortest time as possible.So you should be aware on that particular risk.

[Silberman]

£20000 that's a huge sum of money how would he gamble to this point hope he doesn't commit sucide. This sum is enough to start up an investment that would possibly yield good returns in future. I wish gambling sites had a limit for gamblers so that once a gambler exceeds his or her limit it automatically logs halt all gambling activities for such persons till May be the next day.

Unfortunately this is never going to work, a person that is willing to gamble away so much money will just create a new account in another casino and then keep gambling and if he is blocked on that casino as well then he will repeat this process until he losses everything that he has, people blame the casinos but people like that would have get addicted to almost anything and would have lost their money anyway, this person needs to work on his self-control otherwise this is going to happen to him again.

[Quidat]

£20000 that's a huge sum of money how would he gamble to this point hope he doesn't commit sucide. This sum is enough to start up an investment that would possibly yield good returns in future. I wish gambling sites had a limit for gamblers so that once a gambler exceeds his or her limit it automatically logs halt all gambling activities for such persons till May be the next day.

Unfortunately this is never going to work, a person that is willing to gamble away so much money will just create a new account in another casino and then keep gambling and if he is blocked on that casino as well then he will repeat this process until he losses everything that he has, people blame the casinos but people like that would have get addicted to almost anything and would have lost their money anyway, this person needs to work on his self-control otherwise this is going to happen to him again.

With this kind of severe addiction then most likely they would only stop when they had lost everything from their money until to their property or ending up on having nothing to spend on
his gambling addiction.Whats next? then this is where self realization about their mistakes that they had done and this had always been the case because people never intend nor be aware
or just simply ignoring while they are on the middle of such addiction which they can potentially save up their asses if they do able to stop out and get rid of gambling
but what happens in most case on where they do proceed on and gamble like theres no tomorrow.

[Alisha-k]

One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.

For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.

[kotajikikox]

It wasn't appropriate for the man (Craig) who lost the money gambling in one night because the gambling firm are doing their best to prevent addiction and the last time I checked their promotion is not much to the extent of it not been fair.

But that is only 20k euro for a night mate and there are even many gamblers that spend this amount in single bet. so i think there are no much issue in this matter? it is just the involved is feeling badly on that amount lost.

If the online casino could called him to check up on him after he lost £20,000 in one night it mean they really care about their customers well being, it Craig that ought to have sought for help when he's going on the verge of addiction, not after the issue is worse.
I believe it the thought of making money through gambling that causes his addiction.

Casino in this attitude is really caring for their gamblers but it doesn't mean that this is an over lose because 20k or even 40k in one night is a normal losing for a regular high roller gambler.

One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.

For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.

check big gambling site that has been advertised in this forum mate and you can find single bet amounting 20,000 dollars normally so that is not greediness but a seeking for a win in his own way.

[tabas]

For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.

But we don't have the same thinking as him, just as what happened. He became addicted to gambling and we can understand his situation that those who became addicted recently, they're more for the risk and they're more for the profit and they won't think that it's going to be ending with a bad result. What's bad is that if he hasn't recovered yet he still pursues his addiction and that's hard to stop.

[blackened515]

Most people see gambling as an easy way to make money and this thought makes them lose what they already have. You click one button, you either double your money or lose it all. The easiest way to make or lose money. It doesn't take any skills, it doesn't any work, it only takes a second. That's why it is appealing to many people.

This is absolutely true there are many or some gamblers that rely their lives by making money on gambling which is very risky. There is no such guarantee that you can be able to earn money from gambling every single day, you will be a winner sometime and a loser at the same time. As a gambler I am practicing to myself to have a very strict limitation in my time and money spend in my gambling activities also I am doing it for fun and not that seriously with heavy reason why I am doing gambling.

I think setting limit to the time and money one spends on Gambling is the best way to avoid spending much on it. Some people take gambling as a means of earning a living, and they end up getting addicted. And some gambling addicts go into borrowing money to gamble with the intention of recovering their losses. When one eventually get addicted to gambling, breaking from it is not always easy, it requires time and determination.

[suzanne5223]

It wasn't appropriate for the man (Craig) who lost the money gambling in one night because the gambling firm are doing their best to prevent addiction and the last time I checked their promotion is not much to the extent of it not been fair.

But that is only 20k euro for a night mate and there are even many gamblers that spend this amount in single bet. so i think there are no much issue in this matter? it is just the involved is feeling badly on that amount lost.

I understand that the money he lost in a single is bigger than his budget while it is the amount some people spent on a single bet and I also understand that he's feeling bad for going to the extent of requiring a loan from people so that he could make another bet but what I don't support is the lame excuses he's making about casinos because he has lost all his money right from the beginning he sees gambling as a way for him to make money during the total lockdown.

[Silberman]

Unfortunately this is never going to work, a person that is willing to gamble away so much money will just create a new account in another casino and then keep gambling and if he is blocked on that casino as well then he will repeat this process until he losses everything that he has, people blame the casinos but people like that would have get addicted to almost anything and would have lost their money anyway, this person needs to work on his self-control otherwise this is going to happen to him again.

With this kind of severe addiction then most likely they would only stop when they had lost everything from their money until to their property or ending up on having nothing to spend on
his gambling addiction.Whats next? then this is where self realization about their mistakes that they had done and this had always been the case because people never intend nor be aware
or just simply ignoring while they are on the middle of such addiction which they can potentially save up their asses if they do able to stop out and get rid of gambling
but what happens in most case on where they do proceed on and gamble like theres no tomorrow.

You would think that losing so much money will lead someone to the realization that they are doing something wrong and that they need to change it, and despite all of this this is not the case, the article mentions that the person that lost this much money is unhappy with the casinos because they should have stopped him from gambling all his money away, which is a ridiculous notion because every single person is responsible for their money and if he didn't want to lose so much of it then he should not have risk that amount of money against the casino in the first place.

[Rengga Jati]

Sometimes when we do something very good and challenging (especially for those who are addicted), we will not feel suddenly we have spent too long or even money too much. And we just realized when we had lost a lot. It would be one of the dangers of Gambling Addictions, where we did not have control of ourselves and our money. This often happens, even in the world of offline gambling, this often happens, even they still play gambling by owing the opponent or broker at that time. And when they have nothing but still can't control themselves for gambling, they will eventually do various criminals.

So for those who are aware of this and the danger and want to admit it and want to fix it, we should have to help him, especially in psychology so he wants to open himself and control himself.

And so sorry to hear this bad news from the man.

[Silberman]

Sometimes when we do something very good and challenging (especially for those who are addicted), we will not feel suddenly we have spent too long or even money too much. And we just realized when we had lost a lot. It would be one of the dangers of Gambling Addictions, where we did not have control of ourselves and our money. This often happens, even in the world of offline gambling, this often happens, even they still play gambling by owing the opponent or broker at that time. And when they have nothing but still can't control themselves for gambling, they will eventually do various criminals.

So for those who are aware of this and the danger and want to admit it and want to fix it, we should have to help him, especially in psychology so he wants to open himself and control himself.

And so sorry to hear this bad news from the man.

There have been a lot of studies about it and it is known that when you're having fun time seems to fly and you do not realize that you have been having fun for so long, this is why it is important to keep track of all our activities so this does not happen to us, after all I enjoy gambling from time to time and there is nothing wrong with that but it is important to set limits not only in the amount of money that you spend each week or month in this hobby, but you also need to keep track of the time that you are investing in it so this does not happen to you.

[LogitechMouse]

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.

This is what is happening to most of the gamblers that is why we all them as irresponsible gamblers.

They are spending money way more than what they can afford to lose on gambling thus, they are becoming irresponsible and sometimes they are getting addicted into it because they are times that they want to recover the money that they lose. I agree with what you said that the more you lose, the more you addicted into it. If you know what your limits then you will not put yourself into a point where you will lose all of your money.

Well, it is what it is. People wants money that is why they are willing to spend more just to have more money :X.

[imstillthebest]

One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.

For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.

He can build a small gambling business with that amount and instead of him gambling he will let others to gamble in his casino while he only sit there and collect cash . depends of the person if this guy is first time to gamble this high then he is no doubt a Verry greedy person but if he is used to this then I don't think the term will fit in him . Also not all are going to commit suicide so don't worry too much  .

[rodskee]

One of the primary reasons why people stay addicted for long is to win big. They think a big win will solve financial and all other problems in their lives.

For this very man greed was his problem £20000 is a huge sum that can afford a very lucrative business. Giving such huge amount on gambling shows his high level of greed and people of this kind can do anything just to make money not minding if it's legal or not. I wish he recovers soonest because this can cause a man to commit sucide.

but he regrets this the rest of his life , meaning he is also a small time gambler who only tries his chance of a lifetime but failed . maybe this will be remembered all the moment of his precious life how he managed to lose a amount in which can change his life for goodness if chooses the right decision.