Gambling until you go totally broke

[Fivestar4everMVP]

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

He got broke as a matter of gambling with greed. How can someone gamble till he lost his sences of reason of not knowing when to stop. I think that is the baisic problem of gamblers they always want to win big by chasing after loses, and end up becoming broke to the extent of depending on people or friends to survive. I guest he may have learnt his lessons this time. For me I think you should have just given him some money despite you knew he was lieying about the rent issue, then tell him never to do such again let it now be on his head.

Needs and wants that may have been the cause of him to continue gambling. Not all the time is greed. A person might be comfortable with his level of finances and have other expenses to take care which he needs extra fund. Gambling may be the only option he has to get more money so that he can do whatever he needs the money for.

I would appreciate if we reasoned the negative and positive side of things before jumping into conclusions. However, that doesn't mean such a person should use all the money that was planned for something in gambling. Self-control should be important, if a person lacks this, he won't be able to quit gambling even if he is wining. I think this is the most ideal problem such gambler OP mentioned is facing and your friend too.

Well, I have to honestly with you, self control, which also gives birth to "knowing when to stop" is a essential attribute or character every gambler should and or must possess, proper funds management, most especially, for salary earners who know that once they go broke, they is no other means of getting funds aside from borrowing, and this is if the person finds someone who agrees to lend out.

I personally have gone extreme with gambling in the past, a couple of times actually, but to be honest, like I said in the op, I've never arrived at such a stage where I gamble until i am completely broke with no cash at hand, and no money in my bank account, those who do this lack proper fund management, as well as self control, which is the ability to control their gambling drive, or orge/urge - how ever or whatever we choose to call it.

[Odusko]

Just know that you have not helped the guy in any ways by giving him that $20 and just take it that you have given him the money because he is not going to pay back, just like he gambled away everything, just know that he is going to gamble with this current money you borrowed him and ending up losing again on the long run, so he may be gambling more with the extra cash you gave him.
It's absolutely clear that the friends already know about his gambling problem and that is why they refused to step in for him since he is not responsible with his gambling activities and that will not change unless he be ready to change his pattern of gambling.

[macson]

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

It has happened to me before several times which means I was addicted. If it happens just ones and the person learn his lesson and stop the stupid gambling habit, he is not addicted. But if he continues, it means he is an addict. It is possible that his close friends borrowed him money already or they know he is using his money to gamble and not want to borrow him money. Only the money that I can be able to give the guy as a friend that I can borrow him because likely he may not pay back or take longer time to pay back.

be one hundred percent sure that a gambler will never want to return the money they borrow unless they win a large jackpot, so stay away from gamblers as much as possible, even if they are your close friends or relatives.  until now my ex-friend still owes me $1000, at that time he said the money was for medical treatment but in fact he used the money for gambling so from then on i cut ties with my friend.

[GigaBit]

An addicted gambler's common sense doesn't work. So even if those gamblers can be helped a lot, they will soon forget about that help. If a debt is owed to the gambler he will not repay the debt. And if he has the ability to repay then he will try to repay the money after winning more. Thus at some point he will fail to repay the money he has borrowed. If they can be given a better job than lending to gamblers, I think they can recover from addiction. But it is not completely possible. Because there are some gamblers who carry out gambling during their duty even they carry out gambling even after losing their monthly total money. Even if he helps only with money, he may come back for help again sometime. Instead of giving them money, it would be more effective to provide them job.

[Mrbluntzy]

Such behavior demonstrate that he is either a gambling addict or he is yet to become addicted. If he is not yet addicted to gambling, kindly advice him to redirect his footsteps now that it could still be early for him to stop. If he became so addicted to gambling, so he will continue to ask people for loan. I can borrow a gambler some money but he must be a gambler who has a real job you are doing and we must also have an agreement on the action I would take when he fail to repay.

[alani123]

I know that for poor people especially, gambling is like their thought of making it.
Since for a poor person, saving up a lot of money is very much a distant dream, going broke with what they have at hand at a gambling parlor is not much different from their every day life. There's a saying in my country going a bit like:
A man who is wet is not afraid of rain.

So someone living paycheck to paycheck won't care spending their last dimes on a slot machine. Spending another week on rice and beans isn't going to change much with saving a few dimes. Getting a max win however, could supplement their disposable income that they'd earn in one or two years. So even though by chance alone someone spending any amount in gambling every week would lose more than any max win in the long run, when they hit this max win it can be a huge break for a poor person.

[Kemarit]

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

It all goes down to the emotions the psychology. It seems that his decision is clouded already and and so his reaction is not normal. And it just beg us to question how can gambling do this to anyone here amongst us?

And there are no definite answers to be honest. We say that we should control our emotions, but how many times, including myself, has spend life savings to gambling because we wanted to get back and chase that lose?

[Dewi Aries]

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

It all goes down to the emotions the psychology. It seems that his decision is clouded already and and so his reaction is not normal. And it just beg us to question how can gambling do this to anyone here amongst us?

And there are no definite answers to be honest. We say that we should control our emotions, but how many times, including myself, has spend life savings to gambling because we wanted to get back and chase that lose?

It's true that it all depends on the level of emotion that exists within, and maybe I would say that someone who has a personality that is easily provoked or sensitive when things don't go their way even if it's trivial then maybe I would say that they are the ones who will really spend all their money without leaving any for the benefit of life. On the other hand, in my opinion, one of the reasons why gambling can make someone not even hesitate to do things outside of common sense is because gambling has many things that look tantalizing to the eye that most people think that luck is near or "that's what I'm looking for and a little more I'm here", which in fact all of this is nothing more than a feeling but they are very confident in something that is actually still gray or cannot know about the outcome.

True, basically all the ideas that lead to precautions and limits are still uncertain, most of them always break the rules that they have made themselves, but I think it is normal because we are human beings who have an attraction to something that looks very tempting that sometimes we do it unconsciously, but I think risking all life savings with just one round is too crazy a decision.

[ethereumhunter]

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

It all goes down to the emotions the psychology. It seems that his decision is clouded already and and so his reaction is not normal. And it just beg us to question how can gambling do this to anyone here amongst us?

And there are no definite answers to be honest. We say that we should control our emotions, but how many times, including myself, has spend life savings to gambling because we wanted to get back and chase that lose?

That's why when people decided to playing gambling, they must always remember that they must have self-control to prevent the loses. They will not used much money to playing gambling because they knows that will gives big risks and when they loses, they will tempts to continue playing gambling. At that time, they will wants to recovers their losses without thinks about stopping gambling or take a break for a while. They desire will fills of wanting to gets their money back which is not easy because they are in the gambling that doesn't guarantee them to make money.

Yes, we already have that bad experience, but I am sure we wants to stop that bad experience so we must control ourselves. Only by that we can prevents the big lose that can comes to us. We must take care of ourselves if we don't wants to have the same experience

[Findingnemo]

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

From my understanding the person isn't addicted to gambling at all, he must be struggling with something in his personal life and thought gambling will give a break from it so he went on trying to make money or just to enjoy the time being but at the end it turns out to be as expected.

We can't be sure that we always on the right thinking especially when we are going through rough time periods.

[Wexnident]

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

I wonder the same. I dunno, it might just be a difference in mindset when growing up? I for one can not calm down at all whenever I've got no money left to spend for even a day. So the fact that they can readily spend money they're supposed to use for the month (or even week) is kind of baffling really.

I guess it just shows how they're used to that, or had always had a backup plan of sorts whenever such things happen. I do have someone to fall back to whenever an emergency comes up and I need money direly, but I've never really considered the idea of reaching out to them outside of emergencies and well, spending all my money to gamble doesn't really count as one in my book.

[Don Pedro Dinero]

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before?

I personally do not, but I do remember many years ago at a place where I used to go and there was a slot machine, where I started to play from time to time with my friends, a man who had collected the month's salary, in cash, throwing money into the machine and changing one bill after another, spending the whole afternoon until he lost all the money for the month.

[Mia Chloe]

Anyone who gambles, involves in gambling activities and even place bets and make stakes till their last cash is all burnt up is no doubt an addict. Why on earth  will someone who isn't  a gambling addict continue to place gambling bets over and over again until they go totally broke. If gambling is a fun activity, as a rational and responsible human being you should have priorities that are more important than having fun.
Spending your last cash on something isn't a bad decision however what is concerning is what you are actually spending the money on. If it turns out to be something that shouldn't be given that much priority and attention then you are obviously on the wrong track. Gambler should be careful to avoid things that could condemn their gambling habits into nasty addictions.

[angrybirdy]

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before?

I personally do not, but I do remember many years ago at a place where I used to go and there was a slot machine, where I started to play from time to time with my friends, a man who had collected the month's salary, in cash, throwing money into the machine and changing one bill after another, spending the whole afternoon until he lost all the money for the month.

same as you, I don't have any experience something like that, but I want to share the experience of one of my closest part of my family here. Actually at first he didn't really gamble but when the time came when one of his friends came back to our area and asked him to gamble only when he had free time, since his friend only went home to our area once, he gave in the request, until it took weeks and months that gambling became his daily routine, then the worst was when his friend took him to the casino to play poker and then he didn't know what was happening because he was too much focus on gambling. He brought the money from his business as well as his entire savings since he is not used to keeping money in the bank, he brought all the cash to the casino and then it was all used up in just 2 days, that's how bad it happened, all his money was used up and His business also went bankrupt, it reached the point where he almost committed suicide because of the problem he caused himself, but it didn't happened because one of our relatives talked to him. How is he now? It's been almost 15 years since he didn't gamble and he also adapted the culture of the Arabic country so he's no longer interested in gambling because it is prohibited in arabic country.

[SmartGold01]

I must tell you the truth I have never found myself in that condition and I will never keep myself in such condition as well usually as a gambler he should have allocated a specific amount used for gambling instead of gambling till he loses his last money while thinking he could recover it while gambling.

This is the part that I don't usually like from friends they don't things and have a reserved funds or something like a spare cash which would sustain them after they might have ran out of cash, and of course they have someone which they can look up to otherwise I can't factor why a full grown man gamble till he emptied his account both physical and online.

If someone like that comes to me with this explanation well I won't see to them because it's carelessness and besides they didn't even asked if I was having a spare cash or whether if I am not in need of money to take sustain myself, as humans we are we should try our possible best to gamble with caution because when they go broke and don't have alternative to back up this might lead them doing something illegal or unlawful to sustain themselves.

[bakasabo]

Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.

[Crypt0Gore]

A friend, (doesn't stay close to me) called me up on the phone this morning, I was surprised to see his call since it's been a while we Last spoke to each other, and talking to him again on the phone was the last thing on my mind, and Answered the call and we greeted as usual.
He went on to ask me for financial assistance, that he is totally broke and have asked all his friends who are close by, and non of them agreed they have enough so as to lend him some money, he went on to tell me that I am his last hope, that he wouldn't have bothered me if he had anyone else to call or turn to.

I asked him what happened? What the sudden need for financial assistance? He tried lying (I noticed from his turn) but later, he opened tell me that he had some funds on him which could possibly have sustained him until this month ending to get his salary, but he didn't know what came over him, he went to a casino last night and in the process of trying out one and two games, he gambled and lost every single penny on him, and now, he has nothing to fall back on for the few days remaining before he gets his salary for the month of March.

Long story short, I wasn't going to help him, most especially for the fact his a single guy, but out of pity, I later lended him $20.

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

Or maybe gambled until you are one bet away from going broke (if you lose), do you go ahead and risk the money, or cancel the bet and  keep that money for something more important?

If anyone, especially a grown-ass man has nothing in his bank account or at hand then something very bad has happened, if you find out that they are into gambling then thats the problem, they must have lost everything to gambling and i doubt they recently lost everything, most I know are into gambling as gradual hobby, they keep losing money over and over and they don't know how to readjust their strategy.

Your friend is already addicted to gambling, the 20$ you are sending to him can also be used to gamble again, I hope he knows that he is on trouble, if an addict knows and admits that he is addicted to gambling, he will be able to work on himself to stop his addiction.

If you can, I think you should tell him that he is addicted to gambling, there is no way he can lost everything in a single or two rounds of games, he must have been gambling for a while, you said its been long since you guys talk? I bet he has been busy, with gambling all this while, let him know that he needs to be aware that he is addicted to gambling and only him can stop the addiction.

[Cryptoprincess101]

Snip~~

I do have a brother that also gambles with allowances my Dad gives us when we were in school and later he would come to me to seek for help and I do render help to him till I noticed how addicted he has been even to the extent that he was owing most of his friends and when I realized that I stopped giving him money and adviced him to quit gambling, he later entered into smoking due to depression and confusion, I told my dad about the habit he had developed and my dad arrested him and he was detained for a while tortured and signed an undertaken never to smoke or gamble again, when he was released he changed and my dad opened a business for him and now he is doing well.

Sometimes, it is not advisable to have compassion on someone that becomes so irresponsible to the extent of losing so much money to gambling because no matter how you try to help them, they don't feel like they are getting enough help and will continue gambling and pestering you all the time, so you just allow them to face the consequences of their actions then no body will advice him to quit when he runs into trouble.

[Assface16678]

Gambling is one of the things that «you should never go till the end». This is not something that you should keep doing after failing, because you want to be the best or succeed in it. OPs friend faced typical problems: greed (did not stop gambling), fear (afraid to admit loss and chase loses), lack or strategy or budget (gamble till broke). I dont think there is much to discuss here, as it was discussed already a million time. But this topic should be kept and «up’ed» to act as a reminder for others.

Exactly. That's why those who are afraid of losing their money should never even start entering or trying gambling. Its because losing in gambling is like sinking your foot into the quicksand; the more you struggle to recover your losses or to earn, the more you will sink, and little you know, you are already in despair. That is the common happening of those who get addicted to gambling or are miserable in gambling. Its because they want to recover what they have lost as they are having regrets on losing it, but that is the trap of gambling; the more you want, the more you become miserable. From the OP friend, he keeps doing it until he is in the corner and no one could help him anymore. It's sad, but it's happening all over the world of gambling. Many people have committed crimes just for the sake of gambling.

[knowngunman]

But then, this got me wondering why a full grown person will gamble until he or she has no money left in his or her bank account, and no cash at hand, I personally have on several occasions gambled away every single cash I had at hand, but I always had some money in the bank to fall back on, together with my family.

I am just wondering if anyone here have ever been in a similar situation before? That is, gambling until you are completely broke with nothing to fall back on?
No money in the bank, no cash in the hand, what did you do?

The part in your post that I emboldened is how it started and before you know it you'll go bankruptcy some days if care is not taken. The fact that you can gamble every single cash in your hand simply means there's possibility you could gamble with the money in your account too one day if you continue like that. This is all about self control and nothing more. At a time, we have a budget of what we intend to spend on gambling out of money on our hand but we do neglect the budget sometimes and gamble everything. It is a sign of lack of self control but for some of us who have partial control of ourselves, we stop when we exhaust the cash in our hand but those with low self control will try to go extra miles and start gambling from the money in their account.

I have not experienced it myself but a friend of mine has been in this situation for several times but trust me, it's a pity and terrible experience witnessing how remorseful they are whenever things like that happen. They often tag it as devil doings but devil is innocent of their actions, it's their own responsibility. For someone who is aware they easily lose their control, it's better to stay away from gambling when they know there's no sufficient funds to gamble and still sustain themselves. Even in profitable businesses, you don't risk all your money without having a reserve to sustain yourself in case of setbacks talk more of gambling where there is no assurance of return of investment.