Go home with a profit and come back to end up losing a lot.

[Poker Player]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

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[Strongkored]

This woman lost in gambling more than the amount won from the jackpot https://www.mirror.co.uk/news/uk-news/lotto-winner-admits-gambling-addiction-24952273,
indeed the defeat she suffered was not overnight like the person told by your friend.
The winning she got from the jackpot actually made her can't to control herself to continue gambling and start using bigger money than she used to play.
I personally have never experienced this still able to control myself, it's just that I lost all the gambling results that were saved in an online wallet because the wallet was hacked, I think the pain is the same as experiencing a loss from gambling

[Hispo]

I can already tell this is going to be a thread about very tragic stories, unfortunately.
The closest cases I have seen personally are of those people that used to play bingo at the neighborhood of my grandmother, it was a daily event where people used to gather at dusk to play. In order to attract more people, some cash rewards were set for the winner of the night, those severely addicted to the bingo ended up losing it all the same night or the next one by paying for large numbers of cards to have a higher chance to win again, most of the time they ended up losing the money gotten from the initial strike of luck.

[seoincorporation]

In the past i used to work for a casino and i remember a player who win more than 30 btc on his first bet. I'm talking about the old times when bitcoin was under $1000, but still a huge win. That player was a high roller and he had the chance to walk away with his profit but he stay on the site gambling for 8 hours and ending with a lost of 40btc. And this happens when people do emotional gambling and not smart gambling. The fact that you win big ones doesn't meant that you will keep winning.

[inthelongrun]

I haven't experienced winning $8,000 in a single day. I do experience betting with a budget limit of $2,000 per day and after several months of playing, I stopped it. I was losing thousands of dollars so I realized that I needed a vacation and to stay out of gambling for a while. I am still betting up to this day but with very small limits.

If I were that person in OP's story, I would've called it a day and then come back the other day but of course with a betting limit. It is greed versus discipline. And sometimes, we only realized when the damage has been done.  

[xSkylarx]

At the end of the session he signed the self-exclusion.

Didn't know something like this existed and I guess not all countries offers this type of program.

How long does it lasts though? And is there a payment when you enroll on a self-exclusion program?

Has this ever happened to you or do you know of cases like this?

I think everyone goes through that experience. Controlling our emotion is really hard especially when there's money involved to it. When we win, we tend to gamble more thinking that our luck will still continue and will be able to earn more profit. But when we lose, we can't just accept it easily that we come back trying to recover the money that we lose.

[romero121]

When this happens in a casino it becomes a laughable incident. When it happens online none knows, and it creates loud cry within them. I've experienced it many times, most of the time I spend little by little and make a small wager. My ultimate was to have winning momentum till the weekend, but this never happens with me. Most of the time I end up empty wallet by Friday or Saturday. This week this has happened too earlier during Monday.

[swogerino]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

It is the adrenaline you get when you win big,the excitement of achieving such a milestone,it does not let you rest,your mind is super active and you hear "voices" in your head to go back to the casino and win more,it is a natural thing which cannot be contained.That is why gambling is dangerous even when you win because we all know how bad we feel when we lose money.

I can relate to this story when I used to go gambling at 2 AM at night at my favorite land line casino,I was amazed by the slots there,I won the jackpot once 4500 USD,I got home but next day I got back and lost everything and even more money,it was my last time playing in a land line casino.

[Yaunfitda]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

Not the "signed the self-exclusion" in the end though. But I know a taxi driver, who win big in our country, like $2k or more. So that's enough for him to put food in the table for his family and maybe not work as a cab driver for weeks. But he chooses to go back and you know what's going to happen to those who wanted to stretch their luck. So he lost everything and now back to being a driver, ouch.

[Baofeng]

Lol, this has happened to me several times already. But I had a good run though, it's like 3 successive days that I'm winning so I keep coming back. But in the 4th day, it wasn't like the other days. I ended up losing all my previous days winning and then some of my capital. Was so mad, but that's gambling, I have to take some days off or even a month if I can remember. It took me a long time just to get over incident as a gambler. 

[Docnaster]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

This happens when people wins big in gambling, they will think that they have mastered the method or the game that gave them the huge winning. They will continue to try that same strategy not knowing that it will not play out immediately.

When anyone wins big, there should be a high degree of discipline to guide oneself. For instance if you play 10% of your income and eventually wins big, you can increase to 15 or 20% because of the big winning. When the allocated percentage finishes, you rest and go hime.

[abel1337]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

Pretty good example of gamblers who can't satisfy themselves and also being attacked by their own greed. We can't deny that there are many gamblers on a real casino who overspend their time playing and ended losing it all. We know that the more we spend our time on a casino is the more chance that casino will make money from us. I've experienced the same thing when I was still a gambling addict before and honestly it's hard to resist the urge to overspend my time and keep playing again knowing that the luck is on my side. Having a good gambler mindset or putting your own up could reduce the chance of this happening.

[Oshosondy]

Has this ever happened to you or do you know of cases like this?

Yes, countless number if time. But not about land based casino winning and online casino losing together. No land based casino in my area, only betting agents for sport matches are in my area, but I still just prefer the use of phone or computer to gamble.

The problem I had before was that I was an addict, I prefer to use almost all my won amount to gamble at once, this made it possible for me to lose often and often.

I prefer going on low odds, like home team or away team (not both teams to score) score in first half not to be up to 3 goals. I failed. Later I prefer going for in-play and failed too.

For the home or away team first half score to be less than 3, I can win from Monday to Friday a very huge amount, but I noticed I always lose the whole money on either Saturday or Sunday.

For in-play, I noticed I may win all through the day, but losing exactly at night when it remain just few matches to the end of the day which are mostly clubs in countries in Brazil, Argentina, Mexico and those other clubs that play late in the night like 11pm GMT +1 to early in the morning like to around 2 or 3am. I will start the day good, but lose just before going to bed. I gambled almost all the time in the past.

[Fortify]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

It is tragic but this is a major reason for things like welcome bonuses in live casinos. They'll offer to register for a membership card on your first arrival and in return you might get certain freebies - like $25 free play. The hardest part for most casinos is "developing" a new player, the fact they've got someone through the door is a major win and they want to convert that person into a regular - or at least until they can clear out their bank account. Many people are creatures of habit, if they get a few wins under their belt - seeing all the flashing lights and loud noises celebrating a win, that will trigger happy emotions. Then, in the back of their mind, little seeds start getting planted where they store the happy wins but conveniently forget the many tiny losses that outweigh them.

[decodx]

When you win big at a casino, it's as if you are on a high. Your mind goes like: Maybe Lady Luck is on my side. Maybe today that one big win will change my life!

Casinos are designed to entice people to gamble. They are meant to make you feel like a winner even if you aren't, and for many people this works. The more fun you have gambling, the more you'll want to gamble, which means that casinos live off of excitement. But if you keep at it long enough, you'll probably lose all your hard-earned money.

The best thing you can do if you win a large sum of money at a casino is to leave as soon as possible. The more time that passes, the greater your odds are of losing everything you won and then some.

[Davidvictorson]

Has this ever happened to you or do you know of cases like this?

This is a typical example of irresponsible gambling. I wouldn't judge the man gambler though because of you are a real gambler, you would either have done this or have fought the urge to do it after a big win. From personal experience, I once put back the money I won for another bet. Even though it was little, I was pained because I didn't even get back a fraction of what I had won previously.

[EarnOnVictor]

Your story is not an uncommon one and still narrows down to a lack of self-discipline/plan. No matter how you are lucky in a day or know how to gamble, you have to have good plans and be disciplined with them. The psychology of gamblers matters to the gambling itself, which will help in avoiding over-gambling and addiction.

In this case you narrated, your friend's psychology is bad towards gambling, and this made him display irresponsible behaviour.

Gamblers should know the amount of money they would gamble with on a daily, weekly and monthly basis, and they should not renege from such no matter how lucky or unlucky they are for that duration. Else, anything could happen whether good or bad.

[Smartprofit]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

Yes, I have had such situations in my life.  It's a gambling addiction. 

If a person has formed a gambling addiction, then he performs inadequate actions.  Gambling addiction does not allow a person to make rational actions.  The player develops magical thinking.  He thinks something like this - today I won 8,000 dollars, which means that today is my lucky day and I need to keep playing to win 80,000 dollars.  Such a statement completely contradicts the mathematical theory of probability.  Nevertheless, for a player with a formed gambling addiction, the same actions seem adequate. 

Moreover, even after losing, the player will continue to perform inappropriate actions, for example, he will try to win back.

[Doell]

Yes, a few times but at online casino actually I'm sure the guy you're talking about have a doubts when playing again, because I'm also same that too. When you win and come back it's a bad thing, because you can't fight yourself. But I impressed that the guy you're talking about immediately signs a self-exclusion, because normally otherwise he would become an addict.

[acroman08]

Has this ever happened to you or do you know of cases like this?

yep, in the past, I experienced it both in an online and land-based casino, though not as much as the guy you were talking about. basically, what I felt after winning what I think is a sizable amount of money and going home or logging out is that I felt the urge that it was my lucky day and I could probably win more or double what I got and if lose I would stop when I lose all my winnings, but the "I would stop after I lose all my winning" never came, I always tried to win back what I lost and eventually lost my winnings and a lot more and then I end up regretting what I did and thinking what if I just stopped when I won and called it a day.

[348Judah]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more

Honestly this is so funny but actually the truth of the scenario, spending the whole winning at a time sounds weird but let's give an approach from this category of gamblers that just happened to see such opportunity of a lifetime as the first time he will be handling money that is as much to that extent, we can't expect everyone to know how to set budget and adequately plan properly even for their life, in this case a gambler of this category can spend the whole winning on a day pleasure to discover all had been gone the following day after he would have taken excessive liquor overnight without being conscious for caution, over joyfulness kills atimes.

[btc_angela]

It's because he wanted more, that's why he comes back and think that his luck will continue. This is just one example why gamblers can't control with their emotions. I mean what else do you want? you already have a huge winning, $8k will be enough. But that is not the case for most gamblers specially if that is the first time that they have won that kind of amount. They wanted to test to see if they can duplicate that and maybe play the same game over and over again until there's no more money left for him.

[Rruchi man]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

It becomes a huge problem when casino's or gambling houses are the only places that you choose to go for relaxation whenever you want to relax. It looks to me as though the person in subject of the story doesn't have enough chill spot, so after he won and went home...he feels like chilling with the money he just won, but since the casino is the only option on his list, he heads back there, maybe with the mind of not wanting to gamble but getting to the casino, he gambles and looses it all, sad case, bottom line for me is have multiple relaxation zones on your list, it doesn't always have to be around a casino. It could be a restaurant, a bar, a park etc. just have options.

[ethereumhunter]

Luckily I didn't have that kind of experience because if that happened to me, I would be frustrated and it's a painful loss after getting a big win. That person is too greedy and continues to use his money, including his winnings, to play gambling. If he could just go home and not go back to the casino, he might be enjoying the big winnings and won't be going back to the casino for a while. This story probably happened to many people and we can use it as a valuable lesson for ourselves. We must not take too big a risk, let alone use our winning money.

[Oasisman]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

The story sounds familiar to me, as I've had an experience with this kind of situation like a couple or more times.
This is what happen when you're urge to gamble more as you think the luck is all on your side for the said day.
However, luck may come and go any second of the day.
It is the greediness of the person that pushes him to walk back to the casino to try and win more.
This is the reason why majority of gamblers doesn't really win against casino, coz the accumulation of all your losses won't cover a single night of luck.

[Zilon]

But its really not easy dealing with this urge to come back after a big win to try out more lucky chances. No one plans on this wins as it happens so unexpected and it might paint this lucky day imagination in the mind of the winner thereby prompting the return for more trials.

$8k was enough to walk away with  but greed made him make that silly choice of going back to try some more luck. I have never had such heavy wins but i have friends who can share their feelings when they won theirs. The only difference here is the cycle of friends around him who ensured he took his win home without reconsidering trying other chances...

[BITCOIN4X]

~Snip
Has this ever happened to you or do you know of cases like this?

The case is almost the same as mine, at least quite often in the past but for fiat casinos. This is greed on my part because I really want to win a bigger amount of money without thinking about the risk of losing all those winnings. Sometimes I feel funny about experiences like this when I remember them.

Greed is the worst way to lose everything in gambling and many gamblers find it very difficult to avoid this because they want to win something bigger. There is no best way to get rid of greed other than self-awareness, it usually changes when you lose a lot of wins.

[maydna]

If I could win that $8k, I wouldn't be back in the casino for a while because I would be interested in trying to get even bigger wins. But the truth is, I never got one, and the amount of money was huge to imagine.

I've never experienced or known of such a case. I think he would be very sad to know what had happened. And he would certainly hope to win as much money as before.

[TheUltraElite]

Two reasons why gamblers always end up in losses is
1. Not stopping permanently after a win.
2. Chasing after losses.

A big win often instills a sense of confidence and they forget that the casino is running there for years because of human greed and clouding of judgement due to greed.

Considering the lifetime losses due to games of chance, if a player would win a jackpot like amount and never gamble again, they would have successfully defeated the casino but this is rare, most of such users come back only to lose the money. The addictive nature of the game and the confidence that falsely builds up is the reason behind this.

[rahmad2nd]

It doesn't matter land casino or online casino, when we win a lot of luck in the end, we will come back again to bet. cases like this, are commonplace and we have experienced it many times.

IMO, this is the real problem for many gambling connoisseurs. many times, we find it difficult to end a gambling session be it when we get a lot of luck or vice versa. however I never do self-exclusion.
basically gambling entertainment is very fun, it's just that we often ignore that gambling is very risky.

[Johnyz]

Has this ever happened to you or do you know of cases like this?

A friend of mine also have the same situation though a different scenario since he didn't sign for any self exclusion.
I guess this happen most of the time especially if you are still on a state of cloud 9 where you are too hyped to play more, tendency is you can lose that money. This might be the result of having no plan or gambling strategy at all, losing your self-control is very risky, this is another warning to every gambler, either you are winning or losing you still need to have a plan.

[robelneo]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

I'm sure this is the first time he experienced this and its a learning lesson for him that he should not extend his luck, if there is such a thing as chasing your losses, there is a such a thing as extending your luck and they have the same results, you will eventually lose, because the house always wins if you overextend yourself.

At the end of the session he signed the self-exclusion.

Because he hates himself for his action and it's a way to punish himself

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

It happens to many gamblers and it will soon happen to you

Has this ever happened to you or do you know of cases like this?

Yes and from that experience, I learned how and when to quit

[livingfree]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

It never happened to me as every time I win, I'll walkaway and make myself satisfy with my winnings and make sure that I should enjoy that profit I've made.

I think I've known a story of this from a friend of a friend when he's already in a winning streak in sports betting like $600 bucks for the day.

But then, out of confidence, never took profits and he called it a "roll" so win or die for him but just lost for some esports game.

[$crypto$]

I have heard about this casino even from online casinos not land casinos, but that's how it is if someone cannot control what has been won from gambling in the number that number is very large if brought home or withdrawn not played again, but they want a big victory So that back playing and all loses a lot more than winning before, I think we have all heard stories like this, but in this case it becomes a learning when it has won a big effort to rest for a while so that the mind is fresher because if it is greedy it will make them big loss.

[arimamib]

When the desire to win is greater than what has been obtained has overtaken the gambler's mind, he will continue to think about continuing to play even though he has left the gambling place. He returned to the casino again because it was very difficult to control his desire to continue playing in the hope of winning even more bets, some people thought what he was doing was stupid because he had spent the $8k he just won. But that's the real fact, a person's adrenaline will continue to be turbulent resulting from the desire to keep playing. There have been many experiences as told by the OP, gamblers will come back to their senses when they have spent everything.

[GiftedMAN]

Has this ever happened to you or do you know of cases like this?

This is a typical example of irresponsible gambling. I wouldn't judge the man gambler though because of you are a real gambler, you would either have done this or have fought the urge to do it after a big win. From personal experience, I once put back the money I won for another bet. Even though it was little, I was pained because I didn't even get back a fraction of what I had won previously.

Lol, I don't think it's irresponsible gambling because I have witnessed this scenario countless times. Most times gamblers see the opportunity of a big win as a lucky day so they try to increase their stake or gamble more thinking they will get more winnings for the day but at the end, they lose everything. You were lucky you didn't sell your properties to resume gambling when you lost the amount you won previously because I have seen people who have done ugly things just to get back the money they lost in gambling it's a horrible experience.

[CoinEraser]

It doesn't matter land casino or online casino, when we win a lot of luck in the end, we will come back again to bet. cases like this, are commonplace and we have experienced it many times.

IMO, this is the real problem for many gambling connoisseurs. many times, we find it difficult to end a gambling session be it when we get a lot of luck or vice versa. however I never do self-exclusion.
basically gambling entertainment is very fun, it's just that we often ignore that gambling is very risky.

That's true, unfortunately. Especially when I've won something, it's hard for me to just stop. I've already gambled away a lot of profits. Luckily it was never a large amount, but afterwards I think I should have stopped. Still, I'm having fun and maybe that's the problem. 

[qwertyup23]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

This is something that I have been mentioning whenever people ask for information about this kind of circumstance- I call it the cycle of gambling.

Whenever a person gambles, the goal is always to win but our instinct is to fight back. Whenever we experience a loss, we have this feeling that we want to recover our losses by betting again. This cycle happens until the person runs out of resources; or decides to go home and celebrate. Unfortunately in this case, the person was not contented enough and decided to try out his luck, only to end up losing everything.

I remember my brother also experienced this situation. He told me to specifically stop him if we won at least twice. He won thrice that night but when I tried to stop him, he decided to gamble it again only to lose his monthly savings.

[Jating]

If he is addicted, then definitely he will try and maybe take a rest go home, refresh, and then comeback and play again. And I will admit that during my addicted I have this kind of attitude. Even if I'm not winning, I will go home, get more money and be back again.

So what's more if you are winning and feeling lucky. For sure you will not realized what you are doing is wrong until the time that everything is lost. He is lucky if he still have money to go home, otherwise it will be the "walk of shame".

[coin-investor]

I guess it has something to with the human instinct of not getting enough and believing that we should strike while the iron is hot and the fear of missing out, if you have not experienced all of these you are always tempted to continue, this is how we got rekt,
striking while the iron is hot and chasing our loss, gambling is a roller coaster ride if you are not matured and experienced gambler you will be taken for a ride where you will lose control of yourself and your action.

[Wapfika]

I guess it has something to with the human instinct of not getting enough and believing that we should strike while the iron is hot and the fear of missing out, if you have not experienced all of these you are always tempted to continue, this is how we got rekt,
striking while the iron is hot and chasing our loss, gambling is a roller coaster ride if you are not matured and experienced gambler you will be taken for a ride where you will lose control of yourself and your action.

Those who already experience deep lost in gambling and find realization when they already win will save some as profit. It's hard to determine when winning streak will happen again so if there is a chance to win better already save some maybe the capital or 2x of the capital. When we became too greedy at the end we will just lost and those who already have experienced too much in gambling knows how to at least secure some of their winnings before it’s gone again.

[ultrloa]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

A good story to be seen by many people who think that they can struck a huge win for second time around and actually for sure many gamblers experience that. Since for sure we became more greedy to accumulate more especially if we think we are so lucky today then came back to test our luck for another round.

[Jemzx00]

I guess the story can be related to the thread that was posted here which is When betting becomes to high. Some people often gamble a lot when they are chasing their loses however it is not always the case. Some people also gamble more than they usually gamble on when they are feeling extremely lucky and want to bet more to maximize profit.

Just as the story you've provided, the gambler bet more than his winnings as he felt extremely lucky at the time. I think this is a common scenario for most gamblers as I, myself experience this. I was on a winning streak during one of my dice gambling session and tried to bet more and more but instead of earning more, I end up losing all my bankroll including my previous winnings.

[molsewid]

I can already tell this is going to be a thread about very tragic stories, unfortunately.
The closest cases I have seen personally are of those people that used to play bingo at the neighborhood of my grandmother, it was a daily event where people used to gather at dusk to play. In order to attract more people, some cash rewards were set for the winner of the night, those severely addicted to the bingo ended up losing it all the same night or the next one by paying for large numbers of cards to have a higher chance to win again, most of the time they ended up losing the money gotten from the initial strike of luck.

It seems that we have the same neighboorhood , just kidding. Yeah we all have that kind of story I also have one, that is my uncle. My uncle learns a new way to earn and as for him he discover an online gambling app that will pay him $1 up to $10 I think, he earns small amount but he keeps on playing and he did not  think that he is spending way too much than his earning.

[terrorJR]

This has often happened because indeed when gambling everything is difficult to predict because considering this is risking luck and obviously luck is not obtained every time.
This will be quite a regret for him but with this result he should be able to learn to control himself because in this case it is clear that if he could control himself things like this might be a different story.

[Solosanz]

Greedy is the very fit word about this story, this is why gamblers need a good self control in order to avoid this problem.

Before I gamble I already know I would lose my money instead of getting profit, but when I get huge profit in a day, I wouldn't gamble more or put higher bet because I will keep limit of my gambling activity. So, I can gamble for few days or weeks again instead of losing it all in one day. My aim is to get fun and not for money, I wouldn't stress when I'm losing since that's the risk.

[Adbitco]

That is the spirit behind gambling and if not controlled properly it might leads to getting another funds to bet.
Lemme explain about myself a bit, that is, my experience few days ago. I place a bet with 1k worth my currency at a time a spirit in me asked me to cashout. I place a bet to win 362k my currency at some time the game began to play out of 15 matches 7 already entered correctly and I was given an option to cashout NGN22.5k but I was thinking it will correctly entered as predicted. On the 8 match it when against my prediction and I lost everything both my cashout I couldn't able to get again.

In me something told I have applied greed why don't I cashout with just precious amount given to me.

Now in scenario of your friend he thought he could win something big than what he did so no doubt he also applied same mindset with me, to hit another money.

Sorry for him
My word for him, next if such happens he should stay away from site for 48hrs for his senses to normalize. At the point of hit high he's senses would always tells him to gamble more and if not properly controlled he might end up losing more. So you win you stay clear for at least 24hrs to 48hrs.

[jakelyson]

That is what most gamblers would do, I think, especially if they won big early on the night. They would go back and gamble more because they did not have their fill and would like to win more until they lost the big winnings. What is bad is if they lost it and they still try to win it back that will lead to too much more losses.

I have not done it though. Whenever I win big early, I would just keep that win and enjoy it with my family or friends. I think that it would be a waste if I throw it away by gambling again. I can always go back and gamble again some other day but I there are very few moments that I win big, so I better enjoy it.

[madnessteat]

I have not been in a situation that after winning I went back to the casino the same day since I know that in such a situation it is very important not to give vent to emotions, so it is very important to stay away from the casino for 1-2 days after winning. This time is enough time for the emotional background is balanced and you could make informed decisions again. 

[Boristhecat]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

I think that everyone who is familiar with gambling knows such cases. This one is ridiculous only because here between "I'll take the winnings" and "I will continue to play" only half an hour passed and it was an offline casino. I knew one gambler who won a car (there was some kind of promotion in the offline casino and he turned out to be lucky) - he did not sell it (he already had his own car) and explained this by saying that if he sells it, he will lose in the casino all the money.

[panjul07]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

It is a common situation happens almost every single day in this gambling industry.
When people cant control themselves, it will always happen.

Has this ever happened to you or do you know of cases like this?

Without a doubt it happened to me several times, for sure it was a bad experience due to my own bad self-control.
Now I prefer to stop for a while (days/weeks) after a decent win instead of coming back in the same day.

[Slow death]

few people accept the harsh reality that gambling is not a guaranteed profit, gambling is not the kind of thing that one will make a consistent profit from, on the contrary at the end of the day one will end up with losses, even if one has a big sequence of victories and even stop playing for a while on the day you come back the person will start to lose money to the point of losing more than you won, for this reason I advise people to look at gambling as fun, look at gambling just for fun. Don't be fooled that they will win a lot, they will keep winning and winning, on the contrary, they will continue to lose a lot and a lot. I personally lost a lot in the past until I changed and got it into my head that I only play for fun, I only put in little money and play little per day, because I only do sports bets

[Issa56]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

I think that's greedines, when you are not satisfied with what you are having, that's kind of funny maybe the was was thinking if he gamble with the $8k he can make like $16k, he was feeling himself, maybe he thinks he is a professional gambler, I don't believe you winning gambling makes you a professional gambler, the people I call professional gamblers are the people that always caution there self when gambling, even when they are winning they always know when to stop and whenever they are losing they always know when to stop, they don't wait till they lose all their money before they stop, those are the people I call professional gamblers, you winning a gamble those not make you professional because when it comes to gambling you won't continue to win always, you will definitely lose but the best thing is for you to know when to stop. I have seen lots of people selling their properties just because they want gamble, they believe they will double their money if they win but at the end they always end up losing.

[AmoreJaz]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

It is a common situation happens almost every single day in this gambling industry.
When people cant control themselves, it will always happen.

Has this ever happened to you or do you know of cases like this?

Without a doubt it happened to me several times, for sure it was a bad experience due to my own bad self-control.
Now I prefer to stop for a while (days/weeks) after a decent win instead of coming back in the same day.

at least enjoy your winnings for days, rather than getting happy and depressed the same day, right? but for sure, we all have that kind of moment. if you are a regular player, high likely that you experience such situation more often. lol but this is not new in the gambling industry. at the end of the day, you need to decide for yourself what you really want in life. this is why even your family can't stop you if you want to play because it is your prerogative to do so. but remember, you need to bear the consequences of your actions.

[Cling18]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

If it weren't for the fact that this person is going through a drama, the story would make you want to laugh.

Has this ever happened to you or do you know of cases like this?

This case is common because there were plenty of gamblers who come back after winning a lot. This usually happens because of greed and they disregard their losses thinking that they can win the same profit again. If that person didn't go back and just enjoyed the 8K, I think that will be used for his treatment. He should have been wiser and kept in mind that not everyone could be as lucky as him.

[eaLiTy]

A friend of mine works in a casino (land-based) and he told me yesterday that there was a client who with a stroke of luck won a good amount, about $8k. He exchanged the chips for cash and went home. After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

You will see many cases like this if you are working in a casino or you could even watch high rollers in online casinos where they keep on winning for a while and then end up loosing big if they keep on continuing with the obsession.

There was a time i used to take screenshots of stupid rolls like waging 80BTC for 1.02 odds and end up loosing last year if i believe correctly in Stake, so these sort of obsessions are a common theme and finally end up loosing more .

[Wakate]

I guess it has something to with the human instinct of not getting enough and believing that we should strike while the iron is hot and the fear of missing out, if you have not experienced all of these you are always tempted to continue, this is how we got rekt,
striking while the iron is hot and chasing our loss, gambling is a roller coaster ride if you are not matured and experienced gambler you will be taken for a ride where you will lose control of yourself and your action.

Those who already experience deep lost in gambling and find realization when they already win will save some as profit. It's hard to determine when winning streak will happen again so if there is a chance to win better already save some maybe the capital or 2x of the capital. When we became too greedy at the end we will just lost and those who already have experienced too much in gambling knows how to at least secure some of their winnings before it’s gone again.

Gambling is never easy and every gamblers should get ready to lose because that is what makes us a real gamblers, having the ability and ready to lose and come back to make better winnings. I have seen some gamblers that bet with there last fund something bigger than what they could ever afford and loses the fund having the urge not to gamble again because of the loses.
We need to get it straight 5o our head that no matter the loses we have in gambling, we should never relent and always aim high and prepare to work on our strategy to bet more and win more.

[fullhdpixel]

After about half an hour, my friend sees him walk back in the door and went on a gambling binge all the night, only to end up losing his winnings and more.

At the end of the session he signed the self-exclusion.

This is a scenario where every gamblers can relate. It happen to me a lot of times but not in a real life casino where I won and withdraw all and then later on I redeposit small amount first thinking that this is my lucky day as I already won earlier but my first deposit just lose and then it lead me to continue depositing till I lose my previous winnings together with my own money.

This left me with the words that gambling is really effective to manipulate us. They will only bait us to win first so that we will keep on coming back. It's like they know that they can always recover the money that they gave to their players and they can earn more than that.

[coolcoinz]

I know cases like that. My friend went to a casino and I was just sitting there with him watching his games and drinking. At first he doubled his starting money at which point I told him to leave because for me it was a round sum exactly twice what he came in with and he didn't want to. He said he's on a streak and you don't leave when that hits, so I stayed there for another hour and watched him go to 0 at which point we had an argument because I told him to go home and he wanted to go to the ATM. Things like that happen every day.

[passwordnow]

This case is common because there were plenty of gamblers who come back after winning a lot. This usually happens because of greed and they disregard their losses thinking that they can win the same profit again. If that person didn't go back and just enjoyed the 8K, I think that will be used for his treatment. He should have been wiser and kept in mind that not everyone could be as lucky as him.

Yeah, not anymore a new story where a gambler wins a lot and still lose all of those because of not securing himself from that profit and goes back with everything that he has gained. Greed truly is the main factor on this happening because a gambler that's not contented with the gain he made for the day, he's not going to stop until he losses everything. It's better that you've lost all of that money into something that you've gained possession or used that for buying things and you get that material things on your hand.

[uneng]

On long run gamblers can't beat the house. Even if that gambler went home with 8000$ and didn't come back on the next hour or day to lose everything he would have lost it along his future gambling sessions. What he could have done was to use this money better through a proper management, so he could play for more time and have more entertainment with that same sum of money, instead of wasting everything on next hour after he has hit the prize. I believe he got too excited for winning such money and wasn't able to control his emotions. Let's hope this situation was useful as learnship for him.

[dothebeats]

This is the feeling that I don't like when I win something on a casino. Back then, I always believe that my luck carries over to my next session so I try to bring a lot more money with me and do big boy bets, only to end up losing more than what I profited from my last win. It's an extremely hard mindset to get out of and luckily I managed to move on from that kind of betting activity and just stayed with my weekly casino budget and I've never went over it for the past 2 or 3 years. It's the mentality that gets us betting like idiots IMO, and if you'll be able to conquer this line of thinking and replace it with something conservative, I'm sure that you'll never go broke in your next casino session after a hefty win.

[Docnaster]

On long run gamblers can't beat the house. Even if that gambler went home with 8000$ and didn't come back on the next hour or day to lose everything he would have lost it along his future gambling sessions. What he could have done was to use this money better through a proper management, so he could play for more time and have more entertainment with that same sum of money, instead of wasting everything on next hour after he has hit the prize. I believe he got too excited for winning such money and wasn't able to control his emotions. Let's hope this situation was useful as learnship for him.

What happens is that when most of us play, we don't keep record of our losese and we don't everly count them as losess. We see them as money spent trying to get entertainment. But whenever we win big, we will not remember is something we have been wasting money on for a long time. We will see the big winning as a free money and you know how free monies are spent and we will try to lavish all same day. If we could know how much we lost over the time, a big win should be seen as a compensation for our losses.

[Rengga Jati]

Luckily I've never experienced this. This is the importance of self and emotional control, as well as good financial management even when it comes to gaming. This kind of thing is actually very often we find in the field. The fact is that people will go back to gambling and hope they will win again. But very often, victory or loss will not come twice.
Here it's a shame if after he earned a lot of money, he should be able to enjoy it. But maybe he thought that he would win again, but the reality was the opposite. This can be a boomerang for us.

[DoublerHunter]

On long run gamblers can't beat the house. Even if that gambler went home with 8000$ and didn't come back on the next hour or day to lose everything he would have lost it along his future gambling sessions. What he could have done was to use this money better through a proper management, so he could play for more time and have more entertainment with that same sum of money, instead of wasting everything on next hour after he has hit the prize. I believe he got too excited for winning such money and wasn't able to control his emotions. Let's hope this situation was useful as learnship for him.

^ As they said, the more you spend time gambling the bigger your chances of losing your money, and I think that is true.
That is why if I won on that session, I enjoy winning so that I feel worth it that I have won and come back when you are ready to gamble. Because if you come back hoping that you will make more profit, greediness will lead your way that makes your luck go away.
Never follow your greed.