The Night I Lost It All | Matt's Gambling Addiction

Incredibly honest. You can see the slippery slope.

Those that do not have their head screwed on should watch this.

Does he take full responsibility?

ADHD

This fella worked for T*** Sp*** but lost it all.
https://www.youtube.com/watch?v=srDELkPx_6g

It's very rare that you see anyone who ruins their own life by lying and wasting money they don't have through gambling, taking full responsibility. Same here, as predicted. This chap's not the worst I've seen, but he readily admits to fraud and theft. If he got finance in his wife's name but used his own funds to service it, he wilfully cheated the IVA, too. 

He comes across as ok generally, but electing an IVA instead of a DMP as it meant he would not need to repay all of his debts. No buddy, that's not good.

lots of threads on X yesterday about news programmes in usa on,  american based problem gamblers, and the gist of it was those defending it  were saying if he bets/stake  $100,000 he,ll get $80,000 to $90,000 of bit back or lose 10 to 20 grand, those % seem way to high anyway but what ever the %  are, thats an average and as theres big winners out there,  means theres millions loing 100% of what they stake
easiest example is when they used to say fruit machines return 97% of every £ put in them, but tht doesnt mean every player only loses 3% of their £

every gambler has chased losses..everyone..some inc myself learnt the hard way..most will still chase..
i never do,havent for a long long time..ive seen lads who had won for eg 10k in the last 30 days.lose 1k on a race..then its a mission to get that back before they go home.
its a psychological game for sure.

if you stole out of the mrs purse, used savings,kids money etc to buy drugs for example no one would try to split hairs over vwether you were an addicted or not,so using anymoney you no wasnt meant to be used for gambling makes you an addict IMO

we,re not on about  degenerates are we,we,re on about people to  their family, friends are ordinary hard working family people

you're on about people using kids' money to feed their habit = degenerate

No

a degenerate is an individual with low morals, who weak willed, feeble, typically lie at will. It's nothing to do with social class.

*no problem

Kick a man when he's down

There have been positive changes, when I had my 'chase' day I did it all via a credit card. Now that was all on me, but it is positive that people can no longer use credit directly to bet.

But people need to be able to spend their own money however they wish.

There is no way to prevent people using deceit to obtain funds. That applies to any part of society, for example luxury holidays or gambling.

It's coming back to me now.  The day I lost chasing was the first day of the live shows in X Factor.  I won £400 that evening on Roberta getting eliminated and the market was voided on a technicality.  Wasn't to be my day!

I had a running balance of at least £15k in Betfair in those days so losing £3k-£4k wasn't a huge deal for me then.  But I did chase and I did briefly lose control as I had done once before when I won it back.

I remember my 'collapse' like it was yesterday. I thought Promotion trained by Stoute, running for the Queen couldn't be beaten. Had too much on, and it got beat by a supposed heavy ground horse. I absolutely could not believe it, shouldn't have happened. How So I ended up trying to chase myself out of trouble through the rest of RA and a crappy jumps card that evening The last RA race was longest race of the meeting and I lumped on Frankie who was jocked up on a dodgepot. In the even then I had a chaser in front falling at the last The next day I was like, I am way better than this, wtf am I doing. Of course I found specials not so long after that, something that irrevocably changed my betting life.

I had a brief period where specials, and x-factor in particular, were actually the only positive chases for me, after doing my load on sports betting chasing! I'd lose thousands during the day and win it all back on a Saturday x-factor!

It wasn't a sustainable model though, in particular when I had used credit (as above) card funds!

I didn't lose on XF stu, I lost on the horses.  XF was a route to winning it back.  I had an amazing record on eliminations in reality shows in the noughties.  I instinctively knew the psychology of the public from the get go, when most were clueless.