anyone ever lost a large amount betting?

[M.C]

[recman]

If you like to gamble, I tell you I'm your man*.
You win some, lose some, its all the same to me.

*Actually I'm not, never seriously gambled except chucking a few coins in a slot machine.

[grr666]

I did 4 days in Vegas in the Hard Rock Hotel as part of my honeymoon. Didn't know how to gamble so didn't. I don't
know any card games, I have no idea how to play roulette, I was just wandering around taken in by the 24hr lifestyle,
the flashing lights and how everybody seemed to be smoking but the place didn't even remotely smell of fags. Amazing!
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Ste wrote: Avatars are fine, it's signatures that need turning off.

[thx1138]

I used to bet on horses a lot, every weekend, sometimes as much as a pound.

Lost a lot - well, i lost all of my winnings on other horses. I only actually lost the equivalent of a quid every Saturday.

[M.C]

[stephen_o]

Most weeks I will have a 50p Saturday football Acumalator, I usually pick between 8-12 matches. I never ever get more than half right even when I bet on the "total bankers" 50p is as much as I am prepared to lose, before I had to go on a NHS diet I used to spend the same 50p on a bag of sweets for me and my staff * So as far as I see I am not making myself ill and one day I might actually win something. An Ex-employee used to say "gotta be in it to win it - he lost £,000's"

* inflation means that would now be £1 but I have no staff now.
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[Polarbear]

[angryjonny]

We went to the casino by the Hilton in Malta on our honeymoon. Robotic roulette machine. Our self-imposed rules were: €20 each, when it's gone it's gone, cash out if you double it. I doubled mine. The wife trebled hers. Cashed out and left before they even took a drinks order off us.

Most of the folks around the table were taking notes of which numbers came up, as if the machine had a memory. Turns out beginners' luck and a but of self-discipline were enough to pay for our Remy XOs that night.

[hellkat]

[thx1138]

[M.C]

[thx1138]

[Powderhead]

I'm still up overall, but I lost £600 to some donkey playing poker one night.

I felt pretty shit about it, and it was enough to make me knock it on the head.

Don't feel ashamed about losing the money... you only need to feel ashamed if you continually try to beat the maths.

(Pro tip: you can't.)

[andys675]

early in my teens I was at family bbq at my step mothers brothers house, my step sister was there pregnant with her 2nd at the age of 17 and her bloke was just fidgeting constantly, and eventually disappeared, when I asked where he was he's had to get a taxi to the bookie's to place a bet, and I thought what a cunt, unemployed with 2nd kid on the way and had to go and place money on a horse race and spend money getting there to do it.
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[grr666]

I had a pal back in London who was a carpenter, I was paying him to do a bit of work for me helping me fit a kitchen and
other joinery related tasks one Saturday. We had put in a long day but weren't quite done it was about 7pm and like the
post above he was being a bit distracted and antsy. He asked if we could nip to the shops, so I sad 'of course mate' and we
hopped in my van and we went to the nearby High st. He went to the cashpoint and computer said no (money) so he asked
if he could have an advance for what he was doing for me. I said 'Sure mate, how much do you want?' he asked for 30 quid
which I drew out and gave him. He walked straight into a nearby convenience store, for some tobacco or so I thought,
he came out with 30 quids worth of lucky dips for that nights lotto. Spent the lot when he was that skint himself that
he couldn't even get a tenner out. This guy has a wife and two kids, if I ever needed a lesson that gambling addiction
was just as serious as drug addiction which I have some personal experience of, then this was it.
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Ste wrote: Avatars are fine, it's signatures that need turning off.

[johnsmith222]

I lost £80 on gambling in total in my life.

£30 was lost on the Scottish independence referendum.
£50 was lost on the EU referendum.

I only bet to make it more interesting, and didn't necessarily bet on the same way that I voted.

It was good to try, but after that £80, I figured I'd cut my losses and don't gamble again.

I also didn't realise how people look down on gamblers until I told a coworker I put money on the referendum and lost. They were like "do you mean gambling? ". I think they were a chuch go-er type though.

My advice to OP is to consider that £800 as a life lesson not to gamble. Maybe for each month you don't gamble anything, you can treat yourself to something nice as a reward.

[Polarbear]

When I was at sea on Hong Kong Chinese crewed ships the gambling on Mah Jong was horrendous at times.

This was back in the 80's and the crew were then doing 12 month trips and it wasn't unusual for crew members to ask to stay on for a second tour because of their gambling debts.

There were also a higher than normal (compared to every other nationality) loss of Chinese crew overboard and while it was never proven, many thought 'falling' overboard and not paying gambling debts were inter related.
One thing for sure, watching them play was amazing. Money everywhere.

So, don't bet with the Chinese!
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[Ste]

I hope that OP isn't part of the BCF gambling club.

[M.C]

[Jewlio Rides Again LLB]

[hellkat]

[Jewlio Rides Again LLB]

[RhynoCZ]

A friend of mine has a system. £120k on his personal bankruptcy declaration and another £40k that he lost and already paid off before he went to declare the bankruptcy. Personal bankruptcy in CZE = 5 years of deductions from wages, must pay at least 30% of the amount owed. In his case, he's going to pay about 40% from that £120k debt. You can not declare personal bankruptcy on gambling debts, but then if you don't tell the judge, you're fine.

But, what's this system of his? I have got no idea.

Right now he says he has a limit of £50 per month for sporting bets, so he doesn't go mental. Prior to that he played online poker. The moral of all this? There isn't any.
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'95 Mercedes-Benz w202 C200 CGI, '98 Mercedes-Benz w210 E200 Kompressor

[Powderhead]

[chris-red]

A friend of mine was telling me about his mate at Uni who used to play online poker, in the end he quit Uni. I asked him "Were his parents mad?" "They were until he bought them a car" turns out he ended up earning 100 and something k the first year and 250k the second.

It wasn't through winning big tournaments but rather through grinding away playing ~8 hands at once playing safe. He played for minimum 12 hours a day though, doesn't sound as glamorous as you'd think
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