Gambling debt consumes life!

[CryptSafe]

The problem here is the fact that most gamblers do not really have a proper orientation before they begin gambling. The majority of the gamblers have their mindset already fixed on making a profit from gambling, and that fixes their thoughts and mindset on big wins, and in most cases, they take loans just to recover losses, thinking and hoping to win big so they can pay back the loan, and the reality is that the more they take the loan, the more they lose more putting themselves under pressure and their family too are also at risk for their indebtedness.

I believe the pressure of paying back the loan, and also the pressure of trying to win, caused the death of the young man you have mentioned here. His addiction is so high that he could not be able to control himself from taking loans to gamble, as was the case. Had he been able to open up to his family about his predicament, they could have helped him to plan a rehab and also to look for a way to sort out the debt he has accumulated gradually.

[Yablee0]

At first may his soul rest in perfect peace. But he actually brought untimely death upon himself and him alone have every reason to account for himself. However, gambling shouldn't be treated as a die hard game, even if you aren't financial strong to funds up your gambling activities at the moment, I don't think anybody will question you for that, then why pressuring yourselves unnecessarily. Even to the extent of going as far as borrowing money to gamble. That's actually crazy and now he has paid with his life, what a tradegy.

[Zadicar]

(....)
Basically, I think this boy may have become very addicted to gambling and he thought that once he gets a big win, he will pay off his entire debt but that is not the case anymore. Such greed is pushing many people to death. Nowadays, when people enter casinos, they do not have control over themselves, so they lose control. When gambling with debt, it is the most risky, which is for the family and the children of the family. Therefore, before gambling, one should not gamble with debt and should control oneself. Gambling with debt really takes a person to a deeper level and puts him under mental pressure, so at one point, without looking at any situation, he finally chooses the path of death. That is why everyone should gamble carefully and should gamble not for earning but for entertainment and fun.

I can relate to this. I know someone that close to me, and when I try to talk to her and give some advice, he really can't understand. I keep asking her why she is still gambling even though already made promises before, and answered because she really needs money to pay some of her debts. Even before she keeps finding money to pay debts, but I don't know if the reason is to pay debts, maybe my doubt is that instead of paying the debt, she keeps gambling and losing again and again. So for me, this is really a sign of gambling addiction.

Thats why its really that important that you should really that know about your limits if you dont want to mess up your life because of gambling specially at the time that you do already become addicted into it. We cant really be able to deny that once you do get shacked with addiction then it would be that so hard to get out. The main thing that comes up into your mind is on how you would really be able to cope up with those loses and trying to get it back and you would be having those impressions or thinking that you might be able to get wins on the next time you would be betting or rolling and thats why the nearest solution here is to take up some loan for you to be able to gamble without even trying out to realize that you are just commiting suicide with this kind of decision because instead that it would really be able to solve your problems, it would make it even more worst and thats something that you do need up to realize.

[AmaGold70]

It is very necessary to avoid addiction. This very guy suffered addiction which made him to accumulate this amount of debt that lead to his demise. I so much sympathize with him, and his entire family, their are a lot of persons who have indepthed themselves because of gambling, in a situation whereby the debtor in question did not pay, possibly the family of the person will likely bear the responsibility. It is obvious that gamblers who get addicted don't just get addicted because they want to, addiction comes in when a gambler is unable to have full control over his or her emotions which many gamblers are in this category. Gamblers should do everything possible to avoid addiction because it's effect can be so devastating, both on the bettor, and on the family.

[Zlantann]

Taking loam to gamble is the most irresponsible thing for any gambler to do simply because gambling is not a business or an investment that you are sure of making money to repay the loan, gambling wins are by luck and the chances of winning is lower compared to the chances of losing. If you take a loan to gamble you will be under pressure to win and if you lose everything you might consider taking another loan to start chasing loses which will keep compounding your dept. Gamblers should use their own money to gamble and the amounts should be something that they are comfortable to lose because you don't have a control over winnings and loses.

The report of people committing suicide or harming themselves because of gambling is largely associated with using loans or other people's money for gambling. I have read of people who killed themselves because they used school fees, loans, or business funds for gambling. Gambling becomes a problem when people begin to see it as an investment. They end up chasing losses with funds they cannot afford.

The OP didn't state how the lead character died, but from the story, it may be because of suicide or other reasons. This account is a reminder to us that gambling shouldn't be seen as a business, so borrowing to for betting is a sign of recklessness.

[CryptoYar]

It is sad story, and one people dont expect to be so special. Repeating pattern is that it doesnt start out like this, it gradually grows, no one knows, and then bam it is spiraling out of control. Worst of the gambling habit is false hope. One more win to make all things right. That thought process will prevent people from moving upward even long after the smart move to move on. A slot is not particularly dangerous when one only spins handle, but it becomes very dangerous when he/she ages his salary and makes wagers. Not only are you risking everything you have built up, you are making hole that will grow all the deeper each time you lose. As always, there is true person, and family, behind each number of gambling habit.

[Charcol]

It was a very sad incident. But that was his fate. It is understood from the incident that he could not take gambling as a normal pastime. Rather, he wanted to repay the loan by making profits from gambling. It is very difficult to convince people that gambling is a matter of luck where most of the time one has to face losses and luck can suddenly bring profits. But if someone thinks that he will repay the loan by using a part of the profit from gambling, then the amount of his loan will continue to increase. Because in gambling, the house edge will always defeat him. That is why self-control is very important while gambling. Someone who has control over gambling will naturally not play with loans. Rather, he will play considering his financial condition. If his financial condition is bad, he can stop playing.

[purple_sparkles]

It was a very sad incident. But that was his fate. It is understood from the incident that he could not take gambling as a normal pastime. Rather, he wanted to repay the loan by making profits from gambling. It is very difficult to convince people that gambling is a matter of luck where most of the time one has to face losses and luck can suddenly bring profits. But if someone thinks that he will repay the loan by using a part of the profit from gambling, then the amount of his loan will continue to increase. Because in gambling, the house edge will always defeat him. That is why self-control is very important while gambling. Someone who has control over gambling will naturally not play with loans. Rather, he will play considering his financial condition. If his financial condition is bad, he can stop playing.

It’s a big mistake to rely on winning to pay off a loan because gambling offers no guarantees , it’s a high-risk activity. A much better option is to try to find an additional source of income. That’s a far more reliable approach. Even after you’ve repaid your debt, those extra income opportunities will still be there. You’ll then be able to start saving and investing. Although this path may be more challenging, it offers much more predictable and sustainable results.

[Gozie51]

Basically, I think this boy may have become very addicted to gambling and he thought that once he gets a big win, he will pay off his entire debt but that is not the case anymore. Such greed is pushing many people to death. Nowadays, when people enter casinos, they do not have control over themselves, so they lose control. When gambling with debt, it is the most risky, which is for the family and the children of the family. Therefore, before gambling, one should not gamble with debt and should control oneself. Gambling with debt really takes a person to a deeper level and puts him under mental pressure, so at one point, without looking at any situation, he finally chooses the path of death. That is why everyone should gamble carefully and should gamble not for earning but for entertainment and fun.

Rightly said. This is the problem of being addicted. I have not seen a newcomer in gambling who would borrow money to start gambling. In most cases, those who borrow to gamble are the addicts that have lost so much that they believe the next game will turn out to their favour, as if the house edge will not operate in the next game.

The bottom line is, to borrow money to gamble is not advisable because you are still not sure of the outcome of the game you are borrowing money to gamble on and you keep borrowing to repay another client and borrow from a new person until the debts gets accumulates.

But my doubt on this story is the amount of money involved in the debt. If you borrow someone money and they don't return overtime, you may not be willing to lend him another one. So how did he accumulate such amount of money in debt from one family?. Except it is from different people but the debt is so much that it doesn't give the story the right salt to believe it.

[shawonngp]

This is very pathetic news. Still, people are losing such a large amount of money in casinos, even borrowing money
from their family, friends, relatives, and banks, and losing everything. When they can't pay people back, they are forced to commit suicide. 17000$-18000$ is a big amount. I think he was addicted to the casino and staked that amount just out of greed; maybe he expected to double his money overnight, so he took too much risk. Such incidents are common in my village. But they get involved in gambling on someone's persuasion, and they think that gambling is very easy, and they can become rich overnight.

[Ziskinberg]

So this will fall again on gambling only what you can afford to lose. Why? Simple, if you borrow money, that means you already broke that principle because you do not have money and yet you still want to continue.

Though borrowing is not really bad all the time, because there are times when you are very confident and you believe you have the skills, so you want to raise your stake. If that results in victory and makes you profitable long term, then maybe that is a good move.

But it becomes a bad move if you borrow money just because you want to recover your losses, because that can eventually lead you into a deeper addiction problem.

[Cryptoprincess101]

Sometimes, the people around can be an enabler of bad decisions taken by someone. In the case you just narrated, why will his friends and family even borrow him money when they know he doesn't have any source of income to pay back the loan. How is it possible that his friends don't know that he is addicted to gambling, if they are unaware then they are not his friends because there is no way one among your friends won't know what you do. It is such a sad story but all i could say is that young people should reduce their hunger for quick wealth because that is what is ruining the life of most young people now. They don't even want to learn skills that they will use to earn a living; they are just interested in a short-cut to make money and that is the reason why many youths are gambling, they don't gamble for fun which is why they go any length to get money and use it for gambling.

[Yorubek]

Some new gamblers think that gambling is a very easy way to win a lot of money, which can completely change a person's life. They start gambling with the mentality of making extra money, but at the end of the day they lose all their money, they become desperate to get back the money they lost, so they start gambling with debt money, thinking that this time they will win, as a result of which they will get back all their lost money and will be able to pay off the debt, but at the end of the day they lose. They mainly face a lot of money loss by having wrong ideas or adopting wrong methods. Gambling is only for entertainment, it is not right to gamble with extra risks to make quick money, even gambling with debt money is not right at all. It is good to gamble for entertainment purposes only with what you can afford to lose, as a result you can protect yourself from the destruction of gambling.

[Porfirii]

-snip-

Gambling with debt really takes a person to a deeper level and puts him under mental pressure, so at one point, without looking at any situation, he finally chooses the path of death. That is why everyone should gamble carefully and should gamble not for earning but for entertainment and fun.

This is gambling 101: never gamble with with someone else's money.

There is a great novel by Dostoevsky with the title The Gambler he wrote to pay off his gambling debts whose reading is a delight, and because it is so old it has become public domain, so there is no excuse not to read it.

However, even if it is older than the black thread, the story you tell us is tragically frequent, and perhaps it is due to a lack of knowledge of the true probabilities that the strategy in question will succeed (or an unjustified overestimation of one's own skills). Be that as it may, it is already too risky not to respect limits when it comes to one's own money, let alone when it comes to borrowed money.

[Obim34]

~snip

You didn't state the cause of his death, he didn't commit suicide to escape repaying his debt, that means he might have died based on underlying condition, like high blood pressure, which started or worsened because of excessive thinking and stress.

The truth there is, anyone who doesn't want to end up like this person, should avoid doing the same thing which he did that landed him in this mess, there is lots of pressure, both mentally and financially when it comes to gambling debts.

[Awaklara]

When you don’t have a source of income but can gamble, it’s clearly a very bold life choice. I don’t know how they started gambling, but their addiction obviously traps everyone. People who are lent money, as well as family who will bear the debt. If you don’t have a budget to risk, it’s better not to gamble. Gambling is a place to burn money, not to multiply it.

[Achalugo BTC]

When you don’t have a source of income but can gamble, it’s clearly a very bold life choice. I don’t know how they started gambling, but their addiction obviously traps everyone. People who are lent money, as well as family who will bear the debt. If you don’t have a budget to risk, it’s better not to gamble. Gambling is a place to burn money, not to multiply it.

On point, gambling is never designed to be a place where one can multiply their money but a place where they can burn it comfortably and that is why one has to play the game with the money they can afford to risk without having to deal with their emotions because if they go into debt just to satisfy their urge in gambling, it won't only hurt them but also affect their family members. That is why one has to do the right thing to their loved ones peace of mind and also their financial aspects.

[xenomorfo]

Recently, I learned from some local people yesterday that a tragic incident had occurred in a village near our area and it is a very sad incident.
A young man had been involved in casinos for a long time and he didn't do any work. Instead, he borrowed money from his family, friends, and even borrowed money to play at casinos, but he kept this secret so that no one knew about it.
At one point, his debt reached around $17,000--$18,000. Since he had no permanent source of income, it became almost impossible for him to repay the loan. Later, even though he asked his family for money, their financial condition was not that good, which made it impossible for him to repay the loan. Instead, he constantly came to the homes of those who had given him loans and threatened them in various ways, putting a lot of pressure on the family for money. When the family came to know about the matter completely and started putting a lot of mental pressure on the young man, but the boy did not get any direction and at the last moment he died with the burden of debt on his head.
According to the locals, he lost his life because he could not bear the financial and emotional stress. This incident made me realize that gambling never harms just one person, it can ruin an entire family even end their life.

Basically, I think this boy may have become very addicted to gambling and he thought that once he gets a big win, he will pay off his entire debt but that is not the case anymore. Such greed is pushing many people to death. Nowadays, when people enter casinos, they do not have control over themselves, so they lose control. When gambling with debt, it is the most risky, which is for the family and the children of the family. Therefore, before gambling, one should not gamble with debt and should control oneself. Gambling with debt really takes a person to a deeper level and puts him under mental pressure, so at one point, without looking at any situation, he finally chooses the path of death. That is why everyone should gamble carefully and should gamble not for earning but for entertainment and fun.

these are horrendous stories, which always make me so sad and so scared
when something like this happens, i tell you really, i feel guilty when i play
I know I'm playing consciously, but i feel guilty

stress obviously doesn't make you live, let's all remember to never gamble with debt.

[suzanne5223]

Recently, I learned from some local people yesterday that a tragic incident had occurred in a village near our area and it is a very sad incident.
A young man had been involved in casinos for a long time and he didn't do any work. Instead, he borrowed money from his family, friends, and even borrowed money to play at casinos, but he kept this secret so that no one knew about it.

Let's be honest here, his family contributed to what happened to the gambler because they shouldn't have lent him some funds when they fully knew he didn't do any work, because only someone who has something will have the chance of refunding the money lent to him, not to mention lending funds that are more than $10,000 for him to fuel his gambling addiction.

[Makus]

This is quite sad but people put themselves in such precarious situations and start blaming the casino for their losses forgetting that gambling is a game of probability and luck, no bet is guaranteed. I don't know why some gamblers get too confident to the point where they start borrowing money to gamble and also using all they have. Things like this happens almost everyday but we cannot really hear about all of them, people take their lives as a result of the losses that they incur In gambling and these are things that could have been avoided.