Losing all your fortune with just 3 years

[milewilda]

This is how if he is addicted to gambling and while drunk he will lose his consciousness without thinking about how much money he has bet during gambling while drunk, so for me this is really tragic with a huge fortune only running out within 3 years, meaning he is now poor.

The effort and hard work that was built up to be rich is just gone, try to imagine betting $825 million within a year for me it's really crazy and he might not realize what when he reached a bet of $500 million? Or below?

Remember that gambling while drunk is not recommended because of the loss of consciousness when you bet a large amount, he might just chase losses until he doesn't realize he has spent all his fortune.

         -    That's what's difficult when you gamble drunk, because you don't realize that you're using your entire savings to gamble without even knowing it. Then, when you're sober and your thinking is back to normal, you'll be surprised that it's gone and it's too late.

It is also not really good that you have an addiction to gambling because it has never brought anything good to any gambler. I haven't heard of any addicted gamblers who have had good help from their gambling addiction, have they?

When you are drunk then it wont really be just that in gambling but also in other things on which you are involved with will really be that definitely be ending up with those shit decisions that you would be making
considering that if you are under the influence of alcohol then peoples minds would really be that not good when it comes to decisions on which they dont know on what they are doing.
You would really be able to realize on the moment that you have already got okay or after that. Doing gambling and losing all of your fortune in an instant? or a short period of time? It could really be that possible
when it comes to gambling and this is why it would really be that important that you should really be careful on what you are dealing or on how much you would really be gonna spending.

This is why you should really be that careful when it comes to this aspect and not making yourself that being too careless. If you are drinking alcohol then as much as possible you should
really be avoiding on doing gambling if you dont like to mess up your life.

[Dewi Aries]

This is how if he is addicted to gambling and while drunk he will lose his consciousness without thinking about how much money he has bet during gambling while drunk, so for me this is really tragic with a huge fortune only running out within 3 years, meaning he is now poor.

The effort and hard work that was built up to be rich is just gone, try to imagine betting $825 million within a year for me it's really crazy and he might not realize what when he reached a bet of $500 million? Or below?

Remember that gambling while drunk is not recommended because of the loss of consciousness when you bet a large amount, he might just chase losses until he doesn't realize he has spent all his fortune.

         -    That's what's difficult when you gamble drunk, because you don't realize that you're using your entire savings to gamble without even knowing it. Then, when you're sober and your thinking is back to normal, you'll be surprised that it's gone and it's too late.

It is also not really good that you have an addiction to gambling because it has never brought anything good to any gambler. I haven't heard of any addicted gamblers who have had good help from their gambling addiction, have they?

That's right, I think that's a fact that often happens, especially when you gamble in a physical casino, where the casino provides various drinks that can be intoxicating to further enliven the atmosphere, but indirectly it's actually a casino trick to increase their profits, because it's clear like what you said is that when someone gambles unconsciously or when their level of consciousness is weak due to the effects of drinking, of course they will most likely make various impulsive and aggressive decisions that are not based on any previous considerations, in the end, of course they will be surprised when they do. aware.

But actually on the other hand, even if for example you are not involved in a physical casino in the sense that you are a gambler who prefers to gamble in an online casino, it is still possible for you to consume something that can be intoxicating, but overall wherever you bet it depends yourself, if you were previously able to think that consuming something intoxicating could disrupt your gambling session especially realizing that it is very possible for you to carry out any action that is outside of your limits then losing large amounts will definitely not happen.

On the other hand, yes, of course, if we are talking about addiction then however it is a situation that can really have a bad impact, winning in gambling depends on luck, meaning that when you treat it excessively it is the same as you wasting more money.

[EarnOnVictor]

By the way, what will the court do about this?

The story is just a case, nothing sorry about it. A person who cannot control their drinking habits should not go near risky investment unless they sober up.

So you have two things adding up to a disaster recipe, alcohol and gambling, both of which are "bad" - mmkay?
This guy is well know for this drug addictions including cocaine.

Court or no court, the person is at fault here, however they might want to justify their suffering. I hope they can recover what they lost or at least a part of it.

As much as I love to try to show some uncared attitude about this, I still feel for this guy as a human being, but sincerely, I frown at his ways towards the whole episode entirely. I can't decipher how weak people could be in their minds to that extent. Talking about the court help he sorted, the many months in a year when he has been engaging in it with the same style and practices, can't he think of his fault and change his ways ASAP?

He has enough case to answer as a complainant himself and I don't think the court will justify his actions for any reason as an adult doing an adult thing which was bound by terms and conditions, which he also agreed to before gambling and expected the court to vindicate him against the casino. I wish to know where this case ends.

[Cookdata]

         -    That's what's difficult when you gamble drunk, because you don't realize that you're using your entire savings to gamble without even knowing it. Then, when you're sober and your thinking is back to normal, you'll be surprised that it's gone and it's too late.

It is also not really good that you have an addiction to gambling because it has never brought anything good to any gambler. I haven't heard of any addicted gamblers who have had good help from their gambling addiction, have they?

How will someone used their entire savings to gamble and make excuses that they don't know when they did it, common that's not gamble drunk, that's a silly person who has nothing upstairs. How do you even defend that you don't know you spent all your money losing and you don't know when to quit. Seems the gambler forgot to remember his hard days when he has nothing to eat or no money to for proper shave, that's a lost person to be honest with you.

The guy that lost his entire fortune need to be questioned about his source of wealth in my opinion. You know some people make their money easily, it could be that he invested in somethings like altcoins that gave crazy return and doesn't understand the pain to make such kind of money outside that system. If that opportunity isn't longer available again, this is is going to be the realest chapter of making money for his life because he forgot to use the first opportunity in good way.

[danherbias07]

How will someone used their entire savings to gamble and make excuses that they don't know when they did it, common that's not gamble drunk, that's a silly person who has nothing upstairs. How do you even defend that you don't know you spent all your money losing and you don't know when to quit. Seems the gambler forgot to remember his hard days when he has nothing to eat or no money to for proper shave, that's a lost person to be honest with you.

The guy that lost his entire fortune need to be questioned about his source of wealth in my opinion. You know some people make their money easily, it could be that he invested in somethings like altcoins that gave crazy return and doesn't understand the pain to make such kind of money outside that system. If that opportunity isn't longer available again, this is is going to be the realest chapter of making money for his life because he forgot to use the first opportunity in good way.

Mistakes due to getting hooked on bad habits. It happens to most rich people. Why? They have the money. They have the power. They have connections that might be the source of why they are urged to do these things.
We see different popular personalities who dug their own grave due to bad habits. Either gambling, alcohol, or drug addiction. It's hard to believe that someone gambled such a large amount and says he cannot remember anything. That's bullshit. I got deep drunk a lot of times but when I woke up I knew that I had spent money although I cannot just remember how much is it in an exact number.
The dude in the example has millions and even I bet he gambles every day in that casino and I doubt he won't remember one day out of all those.
Blame game. This is what people who made mistakes do whenever they are in trouble.

[Promocodeudo]

Gambling addiction Is fucking real and can cause more harm than good to anyone involved, this this has just mealted his finances in less than a year, this calls the need for education on gambling addiction and finding ways to help those thar are already too dip put if that financial pit hole that threatens to destroy them.

Yes you are right and no body wishes to be addicted some day but ones the habit of greed is installed in them, they will end up getting addicted to gamble. Gamble addiction is real yeah, it can also make a gambler to lose more money, it's important to know the kind of money/amount you can afford to risk instead of using the whole money you have to gamble and at the end of it all you lose everything.

No one wants to be addicted consciously but many gamblers are addicted. Recently I saw a friend of mine lose over 6 months of savings in betting within two days. He is so addicted that he considers gambling a part of his job. But unfortunately after losing that money he is behaving humanly unbalanced. When he shared his loss with me, I told him directly that he was addicted. But the interesting thing is that he does not admit that he is addicted. There are many gamblers who are addicted to gambling who do not even realize they are addicted. At some point they lose all their money due to addiction.

Exactly, but unintentionally many gamblers are addicted without being aware, addiction comes when a gambler decide to chase lose with the expectation of recovering along the line but forgetting that no matter how smart you are, bookies must mess you up.
As far as your friend has chosen gambling as part his job as you said, that's to say that he is addicted and there is nothing you will tell him that will make him to accept the fact, you notice an addicted gambler when they lose money, once they lose there is this kind of immediate regret that will last for few hours and after that they will continue with their gambling habit, addiction for me is something that happens as a result of gamblers not knowing their limit but unfortunately shit happens, know mad man admits that he or she is mad, so in the aspect of gambling we should expect that too.

[hahay]

I’m not sure if this story was already shared here but I just recently watch this gambler sad story from social media that is really heartbreaking.

The subject is Terrance Watanabe which is a successful businessman who has a huge business and money that becomes addicted on gambling. He lose a total of 127M which is all his fortune that he earn from his business. Imagine all your hardworking was turn out to nothing after a few years of gambling addiction.

The sad part here was he became a victim of casino scheme of alluring user with their offers and allowing him to play while drunk until he loss everything.

He manage to wager a whooping 825M $ in just a single year when he lose that 127M.


Source: https://www.cbsnews.com/news/gambler-lost-127m-in-2007-sues-casino/

Even if a gambler plays sober and not drunk, I believe every gambling addict has the opportunity to lose all his wealth. Also, I think 3 years is a long enough time, so they should be able to realize their gambling addiction and choose to stop. Because after all, many stories are sadder because they lost their wealth in a short time, such as in a few days or just overnight. So, with him losing his fortune in 3 years I think that is a long  time, and that person should be able to choose to stop gambling in the bad moments he experienced during that period. But unfortunately,this person actually chooses to continue gambling, until he ends up losing everything and that is a risk that must be accepted with bitterness and deep disappointment.

[irsykes]

I’m not sure if this story was already shared here but I just recently watch this gambler sad story from social media that is really heartbreaking.

The subject is Terrance Watanabe which is a successful businessman who has a huge business and money that becomes addicted on gambling. He lose a total of 127M which is all his fortune that he earn from his business. Imagine all your hardworking was turn out to nothing after a few years of gambling addiction.

The sad part here was he became a victim of casino scheme of alluring user with their offers and allowing him to play while drunk until he loss everything.

He manage to wager a whooping 825M $ in just a single year when he lose that 127M.


Source: https://www.cbsnews.com/news/gambler-lost-127m-in-2007-sues-casino/

Even if a gambler plays sober and not drunk, I believe every gambling addict has the opportunity to lose all his wealth. Also, I think 3 years is a long enough time, so they should be able to realize their gambling addiction and choose to stop. Because after all, many stories are sadder because they lost their wealth in a short time, such as in a few days or just overnight. So, with him losing his fortune in 3 years I think that is a long  time, and that person should be able to choose to stop gambling in the bad moments he experienced during that period. But unfortunately,this person actually chooses to continue gambling, until he ends up losing everything and that is a risk that must be accepted with bitterness and deep disappointment.

Right, I think the effect of excessive gambling addicts becomes the morals of the brain losing health plus the drunken person has crossed the boundary. Rich people who have a lot of wealth are so easy to waste money, because what is in mind still has a lot of money. But without realizing it from the day to the month the money is lost even though a little will be a end of being destroyed.

[tread93]

Jeez man, that’s a lot of money. These are the type of cases that usually lead to the victim doing something stupid like committing suicide because of the shame, pressure and regrets he’ll face from his family.

I just did a quick scan through the article you shared and one part caught me attention.



This is insane - losing $5 million in a single day is not something that someone that is with us sane mind would pull off.

Yikes, what a mess and how sad. When you live this lifestyle there is never enough. There is never enough to satisfy at that point it becomes a pure addiction to the feeling of winning! This man would have been better off buying a crap load of Pokémon packs trying to pull a chase card, then he would have at least had fun, still had some cards and also would probably still have most of his money or at least could salvage something by selling lol too unfortunate. I hope he can learn to move past gambling and that this doesn’t ruin his life forever.

[ethereumhunter]

That is the result if gamblers who have experienced losing a lot of money they certainly cannot accept the bad luck in their lives, frequent defeats and losing money easily and quickly make the feelings and minds of every gambler shaken terribly.
Instead of wanting to find a way out properly and quickly but not supported by the right common sense and of course he will take a shortcut like ending his life immediately.
It is better to play with the right limits so that the money we have collected over the years is not drained just for gambling.

It's better they accept whatever they gets from gambling and trying to reduce their losses so they will not lose much money. That will not makes them have a wants to keeps playing gambling because they will thinks that will not good for their finances. We can lose our fortune anytime without we know especially in gambling because the luck can come and go without we can predict and knows.

We can only playing gambling and just hopes that we are one of the lucky people who can wins some money from gambling. Even if we are not wins, we don't have to force ourselves to chase our fortune to wins the games. We will gets our time to wins so we must be patience and enjoy the games and always trying to avoids the big lose. When we can do that, we will not thinks too hard to wins instead just have fun in gambling.

[hyudien]

         -    That's what's difficult when you gamble drunk, because you don't realize that you're using your entire savings to gamble without even knowing it. Then, when you're sober and your thinking is back to normal, you'll be surprised that it's gone and it's too late.

It is also not really good that you have an addiction to gambling because it has never brought anything good to any gambler. I haven't heard of any addicted gamblers who have had good help from their gambling addiction, have they?

How will someone used their entire savings to gamble and make excuses that they don't know when they did it, common that's not gamble drunk, that's a silly person who has nothing upstairs. How do you even defend that you don't know you spent all your money losing and you don't know when to quit. Seems the gambler forgot to remember his hard days when he has nothing to eat or no money to for proper shave, that's a lost person to be honest with you.

The guy that lost his entire fortune need to be questioned about his source of wealth in my opinion. You know some people make their money easily, it could be that he invested in somethings like altcoins that gave crazy return and doesn't understand the pain to make such kind of money outside that system. If that opportunity isn't longer available again, this is is going to be the realest chapter of making money for his life because he forgot to use the first opportunity in good way.

those who use all the money they have for gambling, I think they have gone so far astray in gambling that they don't have the thought of getting out of it, maybe there are those who have thought of getting out of there, unfortunately the inherent curiosity in them continues to encourage them. they want to gamble so that consciously and unconsciously they continue to risk their money even though they occasionally win but if they still think about gambling then they will not know when it is time to stop gambling even though they have lost a lot or lost more money they will not be able to stop easily.
Even though someone can make money easily, that doesn't mean they can use it all in gambling, right? In fact, it is their respective rights, but it is not natural for them to use most of their money for gambling. In fact, in my opinion, when they are able to make money easily, they should be able to use it well, such as starting a business or enterprise or indeed placing shares in a company that clearly calculates everything.

[zuzie]

That is the result if gamblers who have experienced losing a lot of money they certainly cannot accept the bad luck in their lives, frequent defeats and losing money easily and quickly make the feelings and minds of every gambler shaken terribly.
Instead of wanting to find a way out properly and quickly but not supported by the right common sense and of course he will take a shortcut like ending his life immediately.
It is better to play with the right limits so that the money we have collected over the years is not drained just for gambling.

It's better they accept whatever they gets from gambling and trying to reduce their losses so they will not lose much money. That will not makes them have a wants to keeps playing gambling because they will thinks that will not good for their finances. We can lose our fortune anytime without we know especially in gambling because the luck can come and go without we can predict and knows.

We can only playing gambling and just hopes that we are one of the lucky people who can wins some money from gambling. Even if we are not wins, we don't have to force ourselves to chase our fortune to wins the games. We will gets our time to wins so we must be patience and enjoy the games and always trying to avoids the big lose. When we can do that, we will not thinks too hard to wins instead just have fun in gambling.

Ready to accept all the results of gambling is one of the safest strategies in reducing financial losses that are often in casinos because a gambler who is truly able to accept defeat that often occurs in their casino will not chase victory and they are also prevented from addictive behavior due to the many frequent gambling games triggered by dissatisfaction in accepting the results of gambling itself, namely defeat.

Yes, having thoughts like what you said above, namely that we do hope that one day we will be lucky to win, but it must also be noted that the luck of victory is very difficult to get so we have to play fairly and not excessively.

[YOSHIE]

Losing all your fortune with just 3 years

That's why it's important for us to know the main reason for getting involved in the world of gambling, what do we gamble for... because we know that many of our friends gamble out of curiosity, trial and error, want to get rich quickly and so on until they are really addicted, without realizing they have spent millions of dollars in a short time.

Casinos/gambling don't look at someone as having a position or being poor, if you fall into the casino trap, poor and rich are the same, that's the world of gambling, those who control themselves are mostly the ones who survive, Emotional, greedy, ambitious and demonic traits are brought into the world of gambling, all of whom will feel the consequences of gambling itself.

For this reason, first understand when we want to gamble, starting from the money used to things that can plunge them into high hallucinations, gamble only in moderation and moderation, the real money is in the place where you work, not in the casino.

[wiss19]

-    That's what's difficult when you gamble drunk, because you don't realize that you're using your entire savings to gamble without even knowing it. Then, when you're sober and your thinking is back to normal, you'll be surprised that it's gone and it's too late.

I wonder why one would gamble when they are drunk because you can't think straight in that condition, but then again, a drunk person doesn't know what they should and shouldn't do, so if a gambler who is addicted to gambling and gambles regularly gets drunk some day, they might start gambling in that condition and spend everything they have even if it's their life savings because they won't be able to make right decisions when they are drunk and not in their senses.

So, gambling and alcohol are a deadly combination because when these two get mixed, there is destruction waiting for the person who has mixed them. So a person who drinks should make sure they don't get addicted to gambling, otherwise, they will spend all their money in one-go and then regret it later as you said.

[mammusu]

Losing all your fortune with just 3 years

That's why it's important for us to know the main reason for getting involved in the world of gambling, what do we gamble for... because we know that many of our friends gamble out of curiosity, trial and error, want to get rich quickly and so on until they are really addicted, without realizing they have spent millions of dollars in a short time.

Casinos/gambling don't look at someone as having a position or being poor, if you fall into the casino trap, poor and rich are the same, that's the world of gambling, those who control themselves are mostly the ones who survive, Emotional, greedy, ambitious and demonic traits are brought into the world of gambling, all of whom will feel the consequences of gambling itself.

For this reason, first understand when we want to gamble, starting from the money used to things that can plunge them into high hallucinations, gamble only in moderation and moderation, the real money is in the place where you work, not in the casino.

We can map this, when a gambler is poor it is more likely because they want to get a big win and even hope to get rich from gambling. That's usually what encourages gamblers with a tight economy to keep gambling. Instead of considering gambling as a place for entertainment, they actually consider it as work, which is what destroys them.

The second case is rich people who gamble. Logically, why would they gamble when they are already very rich? Of course we assume they gamble only for entertainment in the midst of their busy activities. But won't that pose a risk? Of course there are risks that must be borne. The reason is that when they get used to gambling, it can turn into an addiction. What they initially did just for entertainment has now turned into a habit that is difficult for them to break, or in other words, they have become addicted. Moreover, if they play under the influence of alcohol and so on, they will lose self-awareness and they will realize when they have lost everything.

[madnessteat]

^

I'm sure the main reasons for this irresponsible behavior are gambling addiction and alcohol. But it is not quite clear to me why this person did not find the strength to seek help from specialists. After all, as I understand he had enough time between gambling sessions to analyze his behavior, make some conclusions and take measures in time. Instead of fighting with gambling addiction he continued to play gambling games pouring alcohol on his failures. Very irresponsible behavior in my opinion.

[Asiska02]

Seeing news like this makes me surprise how some people can be so addicted to gambling and despite many loses they never back out and keep losing again and again. This is a sad story and a pitiful one for the person in question. Going from riches to nothing is the most painful experience you can come through while living your life. What you intended to do to make you more money, end up making you lose all of your hard earned money over the years, that’s so sad and regretful in my opinion. The next happening of such situation is that the victim has committed suicide since they can’t afford to contain themself through the emotional damage they’ve caused themselves, I hope his is not the case.

[nara1892]

^

I'm sure the main reasons for this irresponsible behavior are gambling addiction and alcohol. But it is not quite clear to me why this person did not find the strength to seek help from specialists. After all, as I understand he had enough time between gambling sessions to analyze his behavior, make some conclusions and take measures in time. Instead of fighting with gambling addiction he continued to play gambling games pouring alcohol on his failures. Very irresponsible behavior in my opinion.

I understand what you mean above, and maybe I will say a little about one of the reasons why irresponsible gamblers or those who are already addicted do not take various actions that lead to seeking help to divert their approach to the straight path towards gambling , and in my opinion that's because they don't take any action to find a solution which is most likely due to their still quite high interest in winning so that their focus is diverted, instead of carrying out self-evaluation to realize mistakes but they always take victory as something that must be prioritized in his mind, so maybe this is what makes it always difficult for an addicted or irresponsible gambler to divert himself to the right path.

[Zigabel]

I’m not sure if this story was already shared here but I just recently watch this gambler sad story from social media that is really heartbreaking.

The subject is Terrance Watanabe which is a successful businessman who has a huge business and money that becomes addicted on gambling. He lose a total of 127M which is all his fortune that he earn from his business. Imagine all your hardworking was turn out to nothing after a few years of gambling addiction.

The sad part here was he became a victim of casino scheme of alluring user with their offers and allowing him to play while drunk until he loss everything.

He manage to wager a whooping 825M $ in just a single year when he lose that 127M.


Source: https://www.cbsnews.com/news/gambler-lost-127m-in-2007-sues-casino/

This story should be a lesson to others for them to under stand that you can still get broke even with big bank rolls at a casino but many would think because you have got a huge bank roll the chances you get broke are almost impossible until they see it happen or probably have a first hand experience of what it feels like having such huge amounts and still ending up loosing it at some point. ordinarily we would want to think that with such huge amount in your wallet or bank roll you would have more chance and multiple trials that will eventually means you are going to get lucky before you exhaust all of it.

[doomloop]

those who use all the money they have for gambling, I think they have gone so far astray in gambling that they don't have the thought of getting out of it, maybe there are those who have thought of getting out of there, unfortunately the inherent curiosity in them continues to encourage them. they want to gamble so that consciously and unconsciously they continue to risk their money even though they occasionally win but if they still think about gambling then they will not know when it is time to stop gambling even though they have lost a lot or lost more money they will not be able to stop easily.
Even though someone can make money easily, that doesn't mean they can use it all in gambling, right? In fact, it is their respective rights, but it is not natural for them to use most of their money for gambling. In fact, in my opinion, when they are able to make money easily, they should be able to use it well, such as starting a business or enterprise or indeed placing shares in a company that clearly calculates everything.

You may be right, but the people I know who lose a lot of money in gambling are not addicted to gambling, they are forced to gamble because they have lost so much money. Losers gambling because the hope that they might win now does not make them stop gambling. Just yesterday I and my friend were both gambling. Sadly, he gambled all his money, lost and just hoping that he would recover now and recover all the losses he was losing continuously for a week, and yesterday, he gambled his remaining amount and lost.

He has lost so much in gambling that I fear his mental state may deteriorate or he may be too dangerous to himself or his despair and depression may be so great that he may one day take his own life. It can and this is mostly due to gambling. Gambling wins a person in the beginning and later loses badly due to which people are losing their everything in gambling.

Those people who know when to stop gambling, I think gambling is only for them, and for those who can't stop themselves, gambling is too dangerous for them.