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Author Topic: Go home with a profit and come back to end up losing a lot.  (Read 316 times)
348Judah
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September 24, 2022, 09:33:26 AM
 #21

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.

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September 24, 2022, 09:38:09 AM
 #22

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.

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September 24, 2022, 09:54:40 AM
 #23

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.

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September 24, 2022, 10:09:36 AM
 #24

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.

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September 24, 2022, 10:17:19 AM
 #25

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.

R


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September 24, 2022, 10:22:16 AM
Last edit: September 24, 2022, 10:45:46 AM by Zilon
 #26

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...
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September 24, 2022, 10:37:01 AM
 #27

~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.

.
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September 24, 2022, 11:38:04 AM
 #28

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.
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September 24, 2022, 11:44:32 AM
 #29

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.

R


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September 24, 2022, 11:56:45 AM
 #30

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.

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September 24, 2022, 12:00:23 PM
 #31

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.
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September 24, 2022, 12:00:45 PM
 #32

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.

Quote
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

Quote
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

Quote
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


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September 24, 2022, 12:12:14 PM
 #33

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.

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September 24, 2022, 12:29:49 PM
 #34

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.

R


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September 24, 2022, 12:31:10 PM
 #35

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.

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September 24, 2022, 12:32:24 PM
 #36


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.

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September 24, 2022, 12:47:49 PM
 #37

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.  Cheesy
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September 24, 2022, 12:59:20 PM
 #38

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.

R


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September 24, 2022, 01:04:44 PM
 #39

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".
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September 24, 2022, 01:17:43 PM
 #40

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.

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