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Author Topic: " man reportedly commit suicide after losing a bet of #2.5m"  (Read 1073 times)
xLays
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January 13, 2025, 07:15:28 PM
 #161

Just as the title say, a man has committed suicide after losing a bet of about #2.5m which is equivalent to $1.525k. according to the story the young man took a loan from his friend which was about $731+ adding to his own $792.6 and used it to stake in an online bet to make some money after undergoing a long time of poverty, unknowing to him that gambling is for fun and not a business or poverty alleviation program, he committed suicide after losing the money because of being afraid of paying back that amount he felt that taken his life will be the best option because he has not hope of paying back that amount..

The question now is that
1) is it necessary to take loan to gamble when we have no intention to pay back?
2) is it necessary to commit suicide if such mistake has been made?

Here is the link
There’s so many cases like this recently in my country. Only weak people would do something like this—those who can no longer handle the situation. As someone who is also addicted to online casinos, the thought of suicide crossed my mind whenever I lost, but I realized that doing that would only make my problems worse or add more to them instead of solving anything. However, I can’t entirely blame them because that’s the extent of their ability to fight their problems. That’s why it’s important to have family and someone you can share your struggles with, even if it’s just to have someone to talk to who might be able to help.

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January 13, 2025, 08:26:47 PM
 #162

This is sad tbh , there's a reason why we keep emphasizing on this , that using loan to gamble is wrong and shouldn't be encouraged at all . Because there's a big different from losing your money to losing someone else's own. When you lose yourself you can easily move on because no one is going to bother you for it , but if you use some else's funds you won't have any peace of mind , and you know fully that there's still chances of you not winning at all , but anything we are making some silly mistakes we always try to be optimistic when doing or pulling it off.

But still taken his life wasn't the right thing to do because money is replaceable, while life isn't once you gone ya gone , there's saying aslong there's life there's hope , but the man losing his life is the biggest loss.

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January 13, 2025, 08:38:06 PM
 #163

Just as the title say, a man has committed suicide after losing a bet of about #2.5m which is equivalent to $1.525k. according to the story the young man took a loan from his friend which was about $731+ adding to his own $792.6 and used it to stake in an online bet to make some money after undergoing a long time of poverty, unknowing to him that gambling is for fun and not a business or poverty alleviation program, he committed suicide after losing the money because of being afraid of paying back that amount he felt that taken his life will be the best option because he has not hope of paying back that amount..

The question now is that
1) is it necessary to take loan to gamble when we have no intention to pay back?
2) is it necessary to commit suicide if such mistake has been made?

Here is the link
There’s so many cases like this recently in my country. Only weak people would do something like this—those who can no longer handle the situation. As someone who is also addicted to online casinos, the thought of suicide crossed my mind whenever I lost, but I realized that doing that would only make my problems worse or add more to them instead of solving anything. However, I can’t entirely blame them because that’s the extent of their ability to fight their problems. That’s why it’s important to have family and someone you can share your struggles with, even if it’s just to have someone to talk to who might be able to help.
It not that it will be very difficult for someone who have entangled him or her self on gamble, I would have suggested that the person should stop gambling forever. But IMO, it will be very difficult because the person have probably lost enough money in gamble and will be tempted to chase his losses. However, if a gambler knows that he can not control his gamble urge then he should try and visit a gamble consultants or a gamble adviser, I also believed that meeting such people will help them on how to gamble responsibly and how to limit there losses and also make good decisions.

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January 14, 2025, 03:12:42 AM
 #164

Just as the title say, a man has committed suicide after losing a bet of about #2.5m which is equivalent to $1.525k. according to the story the young man took a loan from his friend which was about $731+ adding to his own $792.6 and used it to stake in an online bet to make some money after undergoing a long time of poverty, unknowing to him that gambling is for fun and not a business or poverty alleviation program, he committed suicide after losing the money because of being afraid of paying back that amount he felt that taken his life will be the best option because he has not hope of paying back that amount..

The question now is that
1) is it necessary to take loan to gamble when we have no intention to pay back?
2) is it necessary to commit suicide if such mistake has been made?

Here is the link
There’s so many cases like this recently in my country. Only weak people would do something like this—those who can no longer handle the situation. As someone who is also addicted to online casinos, the thought of suicide crossed my mind whenever I lost, but I realized that doing that would only make my problems worse or add more to them instead of solving anything. However, I can’t entirely blame them because that’s the extent of their ability to fight their problems. That’s why it’s important to have family and someone you can share your struggles with, even if it’s just to have someone to talk to who might be able to help.
The same thing that happens in my country, cases like this are quite common, not only for those who are married, with single people and teenagers, this case also occurs in my country, it is really sad that this happens to many people but yes, it is a consequence and choice that they take when under pressure for their own actions which were wrong from the start. I hope many people can see this as an example to no longer gamble excessively. You should be able to bet with the amount of money that you can afford to lose, because I think when you have thoughts of suicide it seems like you are betting with money that you can't afford and you yourself are not ready for the fact that defeat is something that is more certain to happen, therefore before placing a bet, make sure you can see yourself first to be ready to lose and bet with the amount that you can afford.
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January 14, 2025, 03:50:33 AM
 #165

It is really sad to see people whose lives are ruined just because they have the desire to get rich quickly through gambling by sacrificing all the money they have and in the end it does not match their expectations, I wonder why so many people are willing to borrow large amounts of money to gamble and if they lose it seems like they have no responsibility to be able to pay back the money.

The question now is that
1) is it necessary to take loan to gamble when we have no intention to pay back?
2) is it necessary to commit suicide if such mistake has been made?
It shouldn't be necessary because it only harms himself or maybe it was intended from the start if he wins he will immediately pay off his loan but if he loses he decides to commit suicide so he doesn't think about the burden of the loan, but I think suicide is not worth the money he has lost.
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January 14, 2025, 04:19:31 AM
 #166

Unfortunately, history has a way to keep repeating itself, it is surprising that as much as we keep discussing on the dangers involved with borrowing money to gamble, we still hear or read stories of people who still gamble with borrowered money, and look how it ended them.

I remember vividly that some time last year (2024,or 2023), I brought the news of how a student gambled with his school and lost it, and also went ahead to gamble with his friends school fees believing that he would win this time, and through the winning, replace his own school fees and that of his friend, but unfortunately again, he lost it the second time, and he went and committed suicide when his friend ask for his school fees which he was not able to provide.

This is something we all must talk to our family and friends about, let them know the dangers of following this route in gambling, so then can completely avoid making the same mistake.
Yeah, even if I hate to hear that but that is what happen out there. That is why we must really remember that playing gambling needs to be moderation to avoids the bad feeling that can attract us to do something such as borrow the money. That will be a big problem for us if we do that especially when we don't have a job that can earn us money.

We can not rely on the borrow money and use it to playing gambling because there are no guarantee we can win easily. Those who can win easily have their luck so we don't have to jealous with them. Maybe we can win someday but not with using the borrow money because that will be too risky for us. The story will repeat by itself but we always remember that we will not borrow money for playing gambling.
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January 14, 2025, 07:01:46 AM
 #167

1) is it necessary to take loan to gamble when we have no intention to pay back?
2) is it necessary to commit suicide if such mistake has been made?

1) Pretty sure he had intentions to pay back the loan but with the condition that he had won that bet.

2) No. Guy was likely overwhelmed with the emotions hence he took the decision. As futile as it sounds, he should have let some time pass and it would have shown the solution and emotions would have also started affecting him less.

Thing about suicide is, you want to die anyway might as well go on living, worst that can happen will be death only which you are in for anyway.



By the way, this is why I am not fan of taking loans, they put you under pressure situations if things don't work out.

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January 14, 2025, 09:33:45 AM
 #168

Just as the title say, a man has committed suicide after losing a bet of about #2.5m which is equivalent to $1.525k. according to the story the young man took a loan from his friend which was about $731+ adding to his own $792.6 and used it to stake in an online bet to make some money after undergoing a long time of poverty, unknowing to him that gambling is for fun and not a business or poverty alleviation program, he committed suicide after losing the money because of being afraid of paying back that amount he felt that taken his life will be the best option because he has not hope of paying back that amount..

The question now is that
1) is it necessary to take loan to gamble when we have no intention to pay back?
2) is it necessary to commit suicide if such mistake has been made?

Here is the link

Totally sad that he took suicide on just an amount of $700+ on which he could actually be able to resolved out this issue yet it isnt really that much of an amount and its not really that worth that you will be taking your life because of this amount. Come to think that there are even those people who do have that millions of USD when it comes to loan.

1. Taking up loan for you to gamble is really just that showing up that you are already that addicted with gambling and this isnt good. Its never been that recommended that you do only needing up to make use of the amount on which you can afford to lose and never consider out on making use the amount on which it is outside of your extra money. Gambling is really just that good for the sake of fun and not really that making it as an income source.

2. This is the biggest mistake that you will be doing and you are just that wasting your life. Money problems can be resolved, yes its not easy but its not impossible for it to be solved. There are really just those people who do easily give up at the time or moment that they do face up such problems.

This is why its really that important that you should project first on what are the probable issues that you might be able to face up at the time that that you overdoing it.
We cant be perfect but it is really that impossible that you cant be able to notice up something if you have done something excessive.

R


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January 14, 2025, 07:22:12 PM
 #169

Despite all of these happenings, it still leaves me in shock that some persons can not stop taking loan to gambling and they will even encourage others to do same too and the kind of encouraging word that they love to use is that, "there's no business without risk. " They feel convinced enough to believe that gambling is a typical business for them and they can take any form of risk just as people will risk to collect loan and run their business.  What they don't have a calculating thinking about is that gambling will  disappoint them unexpectedly.

It is for that reason that these children are good, some will see it as trite or something like that, but you have to think that at this moment there are people in a similar situation and they do not know what to do, for them I say: "there is always a solution for everything" there is no need to be distressed or think that things will go wrong, on the contrary, things always have a solution , despite the fact that the great adversities have a solution or that which has no solution is death and we do not know if in the near future these things already have a solution such as delaying Aging, for now what is important is that people read and take the advice that best suits their personality.

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January 14, 2025, 08:33:31 PM
 #170

Money is no reason for such a drastic solution in fact its no solution at all, the opposite of one.   Money is not held over people in this way anymore as reflected by the ending of debtors prisons, you are bankrupt and that is punishment enough.

   Dont seek to punish yourself more then a court will, obviously do your best to avoid such a failure but money is never a thing to place over human life & this much should be absolutely clear.

 
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January 14, 2025, 08:37:39 PM
 #171

Committing suicide is not something we are hearing for the first time, it has been happening over time and repeatedly and as a matter of fact, not only on gambling do we hear that people commits suicide, they do on other areas of life as the case may applies to them, but the essence of this is for us to be able to let everyone know that such an action is not the best solution, there is no condition that worth or deserves taking ones life.

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January 14, 2025, 09:09:22 PM
 #172

Money is no reason for such a drastic solution in fact its no solution at all, the opposite of one.   Money is not held over people in this way anymore as reflected by the ending of debtors prisons, you are bankrupt and that is punishment enough.

   Dont seek to punish yourself more then a court will, obviously do your best to avoid such a failure but money is never a thing to place over human life & this much should be absolutely clear.

After all, this is not such a large amount of money that cannot be returned. And giving up your life for 1.5k bucks doesn't seem clear at all. Moreover, he owed half of this amount and, accordingly, he needed to pay back as much as he had previously been able to earn.

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January 14, 2025, 09:18:05 PM
 #173

The question now is that
1) is it necessary to take loan to gamble when we have no intention to pay back?

He may have the intention to pay back initially if he had won the the bet, but since he has lost the bet and can’t seem to find a better way to pay back, he ended is life like that. Now he’ll now be referred to something else depicting his actions before he killed himself. Don’t borrow money to gamble has been a strong warning for a very long time now to all gamblers, especially those that are addicted.

Quote
2) is it necessary to commit suicide if such mistake has been made?

I don’t see anything that can justify committing suicide because of losing bet. The life he has taken is more precious than the money he had used to gamble. I just imagine what could make one be som comfortable ending their own life when they’re face with real time life challenges. I believe it will come and go and that doesn’t stop it from not happening again in the future. That was so stupid of him and shouldn’t have ended is life in such way.

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January 14, 2025, 09:35:33 PM
 #174

There’s so many cases like this recently in my country. Only weak people would do something like this—those who can no longer handle the situation. As someone who is also addicted to online casinos, the thought of suicide crossed my mind whenever I lost, but I realized that doing that would only make my problems worse or add more to them instead of solving anything. However, I can’t entirely blame them because that’s the extent of their ability to fight their problems. That’s why it’s important to have family and someone you can share your struggles with, even if it’s just to have someone to talk to who might be able to help.
Urbanization is making humans lose human interaction and relationships. Most people now live alone without relatives or friends around. This is one of the reasons for the high rate of addiction and suicide. People need to be checked on and asked about their well-being. Most of these people who commit suicide do it because there is no support or encouragement from people around them. Popel also likes keeping the struggle with addiction secret because of shame and discrimination. It will be better to share your challenges with people because you can get some support.

I have never thought of committing suicide due to my gambling losses. It might be because I constantly gamble with small funds that I can afford to lose. Committing suicide because of debt will put my family into problems since they will be forced to pay the debt I left behind.         

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January 14, 2025, 10:23:52 PM
 #175

Similar situation like this also happened sometime ago in my neighbourhood, a man also committed suicide after losing #5.5m on a bet after refusing to take catch out 12m out of 25m . I don't really know how he got the money for the bet but I think ending it all by committing suicide is not the best thing to do at any given situation in life.



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January 14, 2025, 11:46:37 PM
 #176

Similar situation like this also happened sometime ago in my neighbourhood, a man also committed suicide after losing #5.5m on a bet after refusing to take catch out 12m out of 25m . I don't really know how he got the money for the bet but I think ending it all by committing suicide is not the best thing to do at any given situation in life.


It must be quite traumatizing to have a neighbor to die by suicide and because of a reason like that. Also, Are you talking about millions of your local currency or millions of United States Dollars? Because it is quite hard for me to imagine someone could suddenly get millions of dollars out of nowhere and precisely use them to gamble.
If you are not talking about USD, would you care to give us the figure in USD so we all can understand the amount of money that pushed your neighbor to take such an extreme a sad choice? Thank you.

You just got me curious...

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January 15, 2025, 02:20:14 AM
 #177

It is obvious to me that both questions imply a negative answer. You should not take out loans to play, especially when it is unclear how you will pay it back if you lose. And, secondly, you should not commit suicide even in such a difficult financial situation. Gambling should not be considered a quick way for an incompetent player to make money. More precisely, I admit the possibility of loans, but with a very large number of reservations. So many reservations that it is better not to take out loans. Loans are a loaded gun that can go off one day. But the most important thing is that you should not take out loans if you do not have a reliable gaming system.

 
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January 15, 2025, 02:31:21 AM
 #178

~snip

Suicide isn't the best option, but I guess he wasn't left with many to choose from. These are the many reasons why as a gambler, you should be able to minimize your own risk and gamble with money you can afford to loss. Don't borrow money to gamble and there's no guarantee that you will make a win. The mistake a lot of these Gamblers keeps making is to think that they can actually make money from gambling and settle their problems. Gambling is all about being lucky and the guy in this case wasn't.

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January 15, 2025, 04:58:14 AM
 #179

~snip~
It is certainly likely that it was like that at first, where those who take out loans to gamble hope that the gambling that will be done with the borrowed money can make them win and there is profit money to pay or settle their debts, but with the reality that defeat will be more dominant, it is not strange if they experience defeat and then stress by having to pay off their debts while there is no victory obtained.

Problems like this would not exist if they could gamble wisely, the pressure that occurs is invited by themselves because of their wrong mindset and behavior from the start. In addition, cases of suicide because they were previously addicted to gambling, in my opinion, are a natural thing because they themselves pushed themselves into difficult conditions like this.

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January 15, 2025, 11:46:18 PM
 #180

Just as the title say, a man has committed suicide after losing a bet of about #2.5m which is equivalent to $1.525k. according to the story the young man took a loan from his friend which was about $731+ adding to his own $792.6 and used it to stake in an online bet to make some money after undergoing a long time of poverty, unknowing to him that gambling is for fun and not a business or poverty alleviation program, he committed suicide after losing the money because of being afraid of paying back that amount he felt that taken his life will be the best option because he has not hope of paying back that amount..

The question now is that
1) is it necessary to take loan to gamble when we have no intention to pay back?
2) is it necessary to commit suicide if such mistake has been made?

Here is the link
Committing suicide is not the right way and I do not think it occurs in every person it is an exception. Actually it occurs for several reasons. And the money is not equally considered as equal to all the people.  Some people think 1000$ is a lot of money while a lot of people consider it as small portion of money so those who have considered it a small portion won't suicide for those types of amount loss in the gamble.











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