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Gambling addiction in general: How much debt do you have? (Page 9)

Topic created on 29th Apr. 2019 | Page: 9 of 19 | Answers: 180 | Views: 59,165
Chantal
Amateur
vomvom12 wrote on 08/10/2019 at 22:56: 2-3 thousand in plus even though I don't have a steady job....

so..shitstorm you can come

this is how it has to be


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Chantal
Amateur
A question for the people who have such high debts due to gambling.



how do you manage to gamble away the sums?


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Begbie
Elite
because you think if you continue to invest, you get back the lost money. and of course much more ^^
at some point your own money is no longer enough.
make a loan clear, nowadays takes a few minutes.
you don't have a bad conscience, because you will win with the borrowed money and pay everything back quickly ^^
well, you're already in the middle of the downward spiral, which makes you more and more indebted.

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Chantal
Amateur
Begbie wrote on 10/16/2019 17:53: because you think if you keep investing, you'll get back the money you lost. and of course much more ^^
sometime then your own money is not enough.
to make a loan clear, nowadays takes a few minutes.
you don't have a bad conscience, because you will win with the borrowed money and pay everything back quickly ^^
well, you're already in the middle of the downward spiral, which makes you more and more indebted.

ooh..
so I also borrow money but the amounts are under 💯€

really scary that some here so high Debt for playing on himself has taken



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Begbie
Elite
@Chantal check your PM

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L****o
I am absolutely lowrollerin and therefore not in debt. I hope that we stay that way.

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ZuIR4m
Rookie
Since I no longer gamble I have saved in a year about 12k ..
so currently 15k in plus

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Knochen
Elite
ZuIR4m wrote on 10/17/2019 at 00:08: Since I stopped gambling I saved up about 12k in a year ..
so currently 15k in plus

Just for interest, if you haven't gambled in a year, why have you been registered here for 8 months?

By the way, my private Debt of 40€ has risen to a total of 50€. The 10€ that was just added was lent to me by a friend of a friend for a cab the other day and I doubt that I will ever see him again

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TimTheBull
Rookie
Well so high gambling debts in short goes quite quickly. 1. Loss of control. 2. The belief that you have now lost so much and for so long and that soon the big win must come, which brings everything out again. And the higher the debts become, the higher the stakes have to be so that the potential win is high enough and the faster the debts rise. A vicious circle

This is exactly the reason why the Martingale system does not work in a normal casino in the long run
For that you would need an infinite amount of money and no table limit or maximum stake in the case of a slot. And so it is with the Debt and win money back.

Therefore, probably a golden rule that probably every player knows. "Never chasing losses", so never chase losses, but rather make a cut. But it is exactly at this point that the loss of control mentioned in the first point takes effect.

So far I have always been immune to it, because I am generally quite disciplined and trade on the stock market, this point and some strategies that I also have to consider in the stock market "StopLoss" etc also seem to have their advantages in gambling by and by. Even if the casinos of course retain their house advantage.

Accordingly, I have neither debts nor gambling debts.

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Kleinkariert
Expert
TimTheBull wrote on 17/10/2019 00:38: Well such high gambling debts goes quite fast in short. 1. Loss of control. 2. The belief that you have now lost so much and so long and that yes soon the big win must come, which brings everything out again. And the higher the debts become, the higher the stakes have to be so that the potential win is high enough and the faster the debts rise. A vicious circle

This is exactly the reason why the Martingale system does not work in a normal casino in the long run
For that, you would need an infinite amount of money and no table limit or maximum stake in the case of a slot. And so it is with the Debt and win money back.

Therefore, probably a golden rule that probably every player knows. "Never chasing losses", so never chase losses, but rather make a cut. But it is exactly at this point that the loss of control mentioned in the first point takes effect.

So far I have always been immune to it, because I am generally quite disciplined and trade on the stock market, this point and some strategies that I also have to consider in the stock market "StopLoss" etc also seem to have their advantages in gambling by and by. Even if the casinos of course retain their house advantage.

Accordingly, I have neither debts nor gambling debts.

The rule knows almost everyone but hardly anyone adheres to it. How often has someone <schnell die letzen 50-100 € zurückgewinnen>gambled away several hundred?

And then always comes the moment where slots absolutely eat and we can not stand... much worse we do not accept that the slot eats so much and expect what comes back.

Once you break the discipline then it becomes hard to trust yourself again.</schnell>

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