How Much Money Have You Lost Gambling Reddit

He also is fine with stopping when he's down $200,000 and can still have a good time. 'You know, it's like anything, if you do it in moderation it's alright,' Barkley said. The first time I went to Las Vegas was when we moved a gentleman from Los Angeles to Las Vegas. After we were done with the move, still in our sweaty uniforms, my coworker suggested to stop by a casino and play. I've lost £600 in a week gambling I'm addicted to gambling, and good at it? Gambling addiction is destroying my life Why do people gamble Do you have a gambling problem? How much have you ever won/lost betting? Show 10 more Online Gambling Problem:/ Lost a lot of money. There's big money in gaming these days No longer in the shadows, gambling is big money around the world and some U.S. Companies have a big piece of the action. Las Vegas Sands has generated $12.9. GTA Online’s new Diamond Resort & Casino update brings new missions and events to the game. The casino itself is an odd inclusion while debates about gambling and microtransactions rage on in.

  1. How Much Money Have You Lost Gambling Reddit 2019
  2. How Much Money Have You Lost Gambling Reddit 2020
  • This topic has 47 replies, 16 voices, and was last updated 3 years, 1 month ago by .
How Much Money Have You Lost Gambling Reddit
  • Hello my name is ray, I’ve always been successful and level headed person… Ive been working as a junior doctor for the past three years and I am currently 27 years of age…. However I was introduced to gambling one year ago and in the past couple months I have lost my entire savings of $50000 on roulette… Both online and in actual casinos…. The problem is Noone knows about this not my parents not my pathner…. It all started with winning 2000 the first time I gambled… I began to gamble every month and began to loose 1000 every month…. I began to chase losses and over the past couple months have gambled it all out… I’m sick to my stomach and suicidal…. My job is a good one but very demanding… I seem like I can’t even function properly in my workplace because of this depression…. My other problem is what if I can’t stop gambling… I dnt even have anyone to tlk to personally because I’m so ashamed.. That savings was to invest in a new house.. Now I’m stuck


    Hello and thanks for starting a thread in the Gambling Therapy forums

    Here at Gambling Therapy we pride ourselves on being a caring and diverse online community who can help and support you with the difficulties you’re currently facing. We understand that this might be a tough time for you, particularly if you’re new to recovery, so come here as often as you need to and participate in the forums, access online groups and connect to the live advice helpline if you need one to one support. We’re in this together!

    Here on the forum you can share your experiences in a safe, supportive and accepting environment. The beauty of writing it all down is that you can take your time and you will be creating a record of your progress that you can look back on if it ever feels like you’re not moving forward. So, share as much or as little as you like but do try to stick to keeping just one thread in this forum so people know where to find you if they want to be updated on your progress or share something with you.

    And on that note….

    I’m going to hand you over to our community because I’m sure they will have some words of wisdom for you 🙂

    Take care

    The Gambling Therapy Team

    PS: Let me just remind you to take a look at our
    privacy policy and terms and conditions so you know how it all works!

    Your predicament sounds not to dissimilar to my own. I gambled away my entire life savings I was banking on using for a house. I too haven’t been able to tell my family or my partner. Talking to people on here helps and I can happily say I’ve been gamble free for just over a year now. Something I can’t say I’ve been since I was about 13. All I can say is, listen to the advice of the people on here. Stay strong. You’re better than any addiction. Each passing day will make you more confidant you can beat this. Take care of yourself and your finances will do the same.

    Hi Ray,

    Sorry to hear about you losing all of your savings. Unfortunately this is the typical end result of a gambling addiction. We inevitably hig rock bottom before we can stop and actually think about the full extent of the financial, psychlogical, and physical damage we have done to ourselves. How much we’ve sacrificed our time and energy, destroying our relationships with our family, friends and partners. Underperforming at our jobs. The problem isn’t that you lose money, the problem is that you can’t stop gambling until it’s all gone.

    You need to accept these losses and realize that gambling is futile and will only get you deeper into the hole should you continue. The addiction does not discriminate. I was similar to you, a good education, a good job, healthy savings, a loving partner and even have a mortgage for an upper class apartment. I only gambled recreationally prior to my 3 months meltdown of online/casino blackjack, where I had losing swings of up to 40k in one night (and winning ones too, but these are just as bad as they reinforce your addicted brain that you can win back your losses). I was confident I would not become one of these “degenerates” that somehow my intelligence and good upbringing shielded me from being a big time gambling loser. I was wrong. A gambling addiction can affect anyone, and is so strong that any logic you have is thrown out the window when you play. You lose your sense of money, take irrational risks and compulsively chase losses with ZERO control when gambling. That’s what the addiction does. It will trick your into thinking you can control it, that you can play small or just walk away with a small loss. That you’re smarter than that. It’s all just your addiction convincing you its ok to gamble. Truth is, for people like us, we simply cannot gamble AT ALL. We cannot control ourselves. You need let go of your pride and accept that you are powerless to this addiction. You can beat it but it will be the toughest battle of your life and it WILL BE A LIFELONG BATTLE. You need all the help you can get. Tell a partner/friend/family member. Otherwise go to GA. Most importantly, self-exclude from ALL land and online casinos you have access to and install a gambling blocker asap. I assure you that the chances of you gambling again is VERY HIGH, especially in your current state. You are still in the denial stage. Exclusion is paramount at this point (and recommended permanently). You must actively take action to stop yourself from gambling. The urges will feel unstoppable. You may relapse but don’t let that phase you. Do whatever it takes to overcome this and you can reclaim your old life back. What we lose most from gambling is not the money itself but we lose our former selfs. We become something else which we are not proud of.

    You have not hit rock bottom yet. A long term gambler who struggled with addiction once told me: “just when you thought you couldn’t go any lower, a gambling addiction can bring you a new low that you didn’t even know could exist.” The next step is to take out loans and gamble that away. Then begging/borrowing/stealing money to fund your addiction. The pit really is bottomless. If you continue you will lose your family, friends, partner and job. Most importantly, you will lose your sanity and everything good about who you are. True rock bottom awaits should you keep chasing your losses. Stop now before it’s too late.

    I wish you the best in recovering from this.

    I have taken a loan out to clear a car finance on a better rate. Suddenly thought I was rich. Lost 3/4 of it in3 months – suicidal (considered) running away (considered). Best advice I have read on here is to take each day as it comes. You feel like this at this moment in time. You will be in work for over 40 years earning a staggering amount of money – I earn £26,000 per year after tax, pension etc. x that by 40 years and its more than 1 million – put that into context with what you’ve lost – money will come and go. make sure you have food, a home (you don’t have to own one) and you have a hobby that keeps you busy or that you enjoy – excercise based is the best. It feels horrific, trust me I know…I am 4 days into hitting rock bottom and I am £16,000 in debt from gambling – I am recently married and my partner knows nothing. What has made me realist that if I continue – I will lose it all and not the money but her, my family and everything. With every day that passes you’ll feel better. Come on here and post – I’ll help if you need to talk.
    Stay strong

    Hi Ray,

    Well hopefully you’ve learnt that quitting gambling isn’t as simple as “ok I promise I will stop now.” Yes at that moment you feel 100% confident that you’ll stop but we know time will always tell an entirely different story. It starts with boredom or a stressful event and your addiction will tell you it’s ok to just play a little bit “for fun” and even set a time/loss limit for your session. This is just the trap to get you started back on that rollercoaster that digs your hole just that little bit deeper each time you go for another ride. We all know this inside ourselves yet we trick ourselves into thinking we are in control every time. Ray, you MUST self-exclude (especially if you are not handing your finances to someone else for control). You are in a very dark place right now and I get it, it’s living hell down there. You’ll feel physically and emotionally sick from the big loss (huge losses over small times are very psychologically damaging) and you need to grieve this loss. Not just the loss of your savings but the loss of your former self that you are proud of.

    Time will make things easier but your primary concern should be preventing yourself from all triggers or ways to access gambling. Keep posting here and we’ll be here to support you along you way but ultimately this is a battle only you can win by your own efforts.

    Hey Ray sorry to hear about your relapse, but sadly to say, I am not surprised. Having gambled away so much in a short period of time and experiencing such a huge loss is immensely emotionally damaging. It essentially “rewires” your brain and you can never be the same person again after it. The good news is that you are still young (same age as me) and you have time to change for the better, to turn your life around.

    The hardest part about getting over gambling is the losses you’ve incurres. It’s extremely hard to let go of. I might say that without other supports in place, it is virtually inpossible to do alone. On top of extreme willpower and a WANT to actually stop gambling, you will need two things assist you:

    1) Blockers/self-exclusion: this is the most critical element – whichever online or offline casinos/bookies you use, self-exclude from all of them now. If you really want to quit you will do it. It you don’t, it means you’re not really ready to give it up and I can guarantee that you return to it (with whatever reason your addiction tricks you with) and your rock bottom will only become deeper. After countless relapses, full self-exclusion plus computer gambling blocking software got me clean for 6 months+.

    2) Now this one is optional but highly recommended. That is emotional support and honesty. Gambling thrives in the dark and keeping your secrets from your partner + family will only make you feel more alone, ashamed and guilty. These thoughts alone can sometimes drive you back to relapses. Disclosure not only ensures emotional support, but also gives you the opportunity to hand over your finances to someone you trust as a further preventative measure. If you really cannot bring yourself to do it, go to GA. Stay active on these forums and post often. Read other people’s diaries and tips. Know that you are not alone in your struggles. But let me tell you, given the extent of your gambling, full disclosure is HIGHLY recommended as it will inevitably come out in the fall out.

    Please be proactive about step 1 and seriously consider step 2. Not to sound harsh but if you do nothing except tell yourself you’ll stop, you will repeat the above cycle multiple times until breaking point, and everything in your life will crumble. Do not let this happen as you have many years ahead and a great career which will earn you way more than what you’ve lost recently in the long run.

    Hey Ray,

    Great to hear that you’ve self-excluded. That’s a great first step. Now one thing to keep in mind is that online gambling has SO many different options. If you even have an inkling that you might open up another account elsewhere, I highly recommend installing Gamblock of Betfilter (for less than $100 it probably saved me many thousands during those first few months after I installed it). I also encourage you to confide to a few people because let me tell you, those closest to you already know something isn’t quite right with you or that your behaviour is odd, they may be surprised as to the nature of what you’ve been doing but they won’t be surprised that you’re currently struggling mentally.

    As for the losses, I totally get it. It’s the hardest part about staying gambling free. I was actually going to touch on it in my previous post but I didn’t want to make it too long. The thought of the losses was also the main factor which caused many of my relapses. I know it sounds cliche but time will indeed help. The first few month or so is the absolute worst. You will constantly be beating yourself on it, self-hating, replaying those nightmarish nights over and over. Thinking about why I hadn’t have stopped there or why I was so stupid not to walk away when I was up at that time. It will tear you up inside. But over time, the thoughts will become less consistent. If you just think about your life and what you still have, your health, your family, your partner and your great job. It will help to ease the pain. Now even as you get better mentally, every now and that that figure of your loss will come back like a ton of bricks, you’ll sometimes wake up in the middle of night and think about it. You’ll have moments at work where you just cannot function. It’s times like these that you need to stay strong. Trust me, the longer you can withhold yourself from gambling, the more positive things you can do in your life, the easier it will get.

    Try to think of the loss as a business venture that didn’t work out. Alternatively, think of it as a life lesson to NEVER EVER touch gambling again, ever in your life. For us compulsive gamblers, that demon was always inside of us and it just needed for us to get the right exposure or to be in the right circumstances for it come out and take control of us. Learning it at a young age (and if you actually learn to fight it and to control your triggers) can be a seen as a lesson learnt that will prevent you from ruining your life at a worst time – what about when you’re married and have kids of your own? What about when your 30-40 and earning big $$$? You will have A LOT more to lose then. Money comes and goes, yes 50k is a very large sum of money, but consider this – during your life time you will earn well over $1 million dollars. As a doctor if you progress well in your career you will earn well over $2 million dollars in your life time. I know it’s not easy to think long term but dwelling on losses will simply drag you back to more relapses, and take you into a darker and darker place. The light is dim now, but if you can stop now, you can turn it around. The money is gone and it’s not coming back (through gambling). The addiction is the one that’s telling you to keep trying. I know, we gamblers don’t want to give up, we want to recoup our losses now. Well the reality is that’s not going to happen. Science has found that once we ACCEPT our reality, no matter how dire, we can deal with it mentally much better. So you must accept your losses and move on. There’s no easy way around it. I wish you the best of luck.

    I know exactly how you feel about the monetary loss, Ray . They say money is not the issue but it sure was/is for me. I found it very difficult to stop chasing and let go. It will come eventually. I think we need to mourn every loss we experience in life. There is a grieving process to go through. The loss of money symbolizes all the other losses a gambler experiences. This is the tangible one, so it hurts a lot. Give yourself time, Ray. Time without gambling. Time to put things in order. Gambling will increase the chaos. The more we try to undo the damage, the greater the torture. It’s a form of self destruction. Be kind to yourself. Deep breaths! The hurt will pass. Everything passes and life goes on.
    Best wishes in recovery. Gambling ruins lives.

    Vera is correct, we need to grieve the loss in order to accept it. Losses incurred from gambling is extra hard to get over because it makes us feel so stupid, ashamed and guilty to have lost our money like this. Society also looks down on gamblers and even relatives find it hard to fathom why an otherwise intelligent person would do such a thing.

    Ray you could get over your 15k loss because you HAD TO accept it. Insurance wasn’t going to pay you and you were never gonna be able to catch the person who stole your vehicle. The difference now is you still think that gambling can get your money back. The dream will win it all back, to get our “revenge” against gambling, to strip away all of our monetary/mental worries with that one big comeback. Unfortunately this is not how real life works. Even if you do win it back you’ll just give it all back and more. The only way to win is to not play.

  • This topic has 17 replies, 13 voices, and was last updated 10 months ago by .
How much money have you lost gambling reddit today

How Much Money Have You Lost Gambling Reddit 2019

  • Hi

    Im really struggling now with debt due to gambling.. i am struggling to see a way out of this hole, one thing i know is that i have a very tough road ahead if i ever want to be happy again.

    I was wondering how much others had lost due to gambling, not so i can make myself feel better about the ammount i have lost. More because i think it will help to have a thread i can see with the ammount of moey we have all lost to detere me and remind me that there are no winners!

    I gauge the ammount i have lost, based on the current debt i have of 40k 🙁 however this isnt including the full salary i have been on for 9 years with literally nothing to show for it!

    I am constantly bombarded with story’s of people winning… never hearing of the losses..

    Please tell me there are people who have lost more and made a come back????????????

    Thanks for listening

    Not many gamblers admit there losses till they end up here. If everyone was winning the casinos would not be around. I have dug huge holes, dug out, dug holes , dug out what feels like most of my life. I made it for almost 6 months without gambling and life was good, but as usual I got complacent and the addiction told me it’s ok now. I have no intention of gambling but I put up every road block possible just Incase the ugly monster ever shows up again. (He always does but this time I will be ready). I stopped counting losses after 1.5 mil but I am sure it must be close to 2. We lost a lot more than money though. We lost time, health, ourselves, the list goes on and on. You can dig out of the hole and be happy again. You have to make a decision to be happy again. Ban yourself , give your money to someone you trust and go to meetings and or keep coming here. One day at a time and and with each passing day it will get better. (I seem to prove that to myself over and over) Not anymore.

    Hi john

    I estimated that I blew £1.1m since I started gambling but when I worked it out throughly it was about half of that amount….which in a sick way is quite a good result.

    I too constantly hear about all of the winners people have but never a loss. Most I ever did in a single session would of been 6/7k.

    Coming up to 3 months clean and feeling a lot better

    Best of luck with your recovery

    I don’t think that it matters what we have lost gambling. (moneywise) No one ever wins it all back!!! Anyone who has a gambling addiction and tells you this is lying to themselves. I think we lose a lot more than money. We lose our integrity, faith and self respect. You can dig out of your debt. You can consolidate your debts, set up repayment plans with creditors, ect… First you need to ban yourself from casinos, seek support here and maybe GA meetings. One day at a time. Things will get better!

    Hi John, I know it is usually the money that brings us to our rock bottom but the amounts involved aren’t so relevant.

    The “winning stories” are always the loudest, no one talks about their losses. This is true even for non addicts. I was in a card school once. I know I was winning at the time, know my friend was winning too. Everyone else was claiming to be even!! Go figure.

    I can tell you what you want to hear though, I think anyway.

    If you mean have I heard of peole who have lost more and managed to stop and rebuild their lives then yes, many.

    If however by “made a come back” you mean people that have lost and then won it back then no, not if they are compulsive gamblers. This is a progressive problem, continue to gamble and things always get gradually worse.

    The good news though is that there is a lot of help available to you. Here, other online sites, Gamblers Anonymous, Gamcare here in the UK and more.
    Read the other stories here. What thigns have helped others that you can apply to your own situation?

    Regarding the finances, here in the UK you can get great free advice from either the Citizens Advice Bureau or Step Change. Lots of options avaialble these days from bankruptcy through to repayment plans, with a lot in between. They will talk you through those options and even write to your creditors for you.

    Whatever financial solution you choose though won’t make much difference if you carry on gambling. Keep posting and let us know what positive steps you are taking to help you do that.

    but self respect, guilt and trust will always be lost- they are more important.

    Hi John I have to echo charles’ sentiments. Monetary loss is only a small part of the overall damage caused by gambling. No amount lost is impossible to recover from unless you literally committed a crime that will have you in jail for many years.

    I get the sense that you are not confident that you can recover from your financial losses. The key is patience. Stay GF for a year and review and reflect. Besides saving money use this opportunity to rebuild and develop all other aspects of your life. When you look back and go, wow, not gambling has really improved my quality of life, helped you develop X amount of skills/knowledge…then you can truly realize that you are recovering. The financial aspects will naturally look after themselves.

    Hi John, You are doing awesome! It is good that you have taken steps with your debts and money. That is a big step! I know that the hole we dig for ourselves looks big but with patience you will see results! What are you doing for your gambling urges? Besides the support and groups here, there are support groups that you can attend. Sometimes it helps to be with others in your same situation. Even reading self help books can give you insight. Anyways, keep doing what you are doing! Take care.

    Hi there I just joined 10 mins ago because I gave up
    For 8 months with seeing a therapist but he told me I didn’t need him anymore well I’ve lost £8k in about 2 weeks and over the years ive lost hundreds of thousands more than I can add up but even now I would take losses if I thought I wouldn’t gamble again

    Good question my friend and the answer is far too much…..

    However the time we have lost is far much more…………

    I hope this finds you well and wish you all the very best in recovery.


    Time and lose money, unless you accept that’s it you then borrow, beg and steal for money. once you’ve lost that you either get help or you continue which eventually you’ll be alone, with a criminal record or dead. or all 3, that’s reality.

    society, tv, music it all makes you want things which causes jealousy. we are driven by money to replace money that’s why we continue to gamble. we might as well go to the atm on payday withdraw it all and throw it out the window.

    if we use a loan or credit card to gamble we should be punished criminally, it should be illegal. family or friends baililng us out will never make you learn.

    unless you seek help that’s the only way to be gamble free.

    that’s where the problem lies.

    our life choices, although there is temptation we must not give in. we chose to gamble and do wrong, so we must face our consequences.

    try to be positive, the reality is to live, have a car, have a haircut, go shopping and keep fit doesn’t cost that much. when your chasing you need to stop.

    get help before its too late, then continue to talk and continue to get help. i don’t think you ever become cured, it becomes a routine coming gamble free. do what works for you.

    ive done around £150k mostly not my money either(stolen)

How Much Money Have You Lost Gambling Reddit 2020