Posts Tagged ‘debt’

Taking Care Of Gambling Debt

Friday, July 15th, 2011

Gambling debt is like any other debt, with one large distinction. That is, that there’s a large temptation to attempt to get out of debt by using the same method that got you in debt to begin with, that’s gambling. An individual who runs up retail card debts by buying clothes and furniture, it’s obvious that their initial action in getting out of debt would be to stop doing that. There is no way that purchasing more clothes and furniture will solve their debt issue.

But a gambler looks at things differently. An individual who has misplaced lots of money on horses or in casinos is most likely to believe that they can get their money back by gambling more. They believe they will hit the jackpot. A small time gambler who buys a couple of lotto tickets every week will be the obvious instance. At the time they win a little bit, but over time, they lose money steadily. They know this. However they believe in the dream.

It’s also partly psychological. People do not like feel stupid, or that somebody has made a fool of them, or they have wasted their money. The only way they are able to justify all the money that has been poured down the drain, would be to go on believing that if they continue to gamble, sooner or later they will have the large win that will have made it all worthwhile.

Nearly all little time gamblers shed money; almost all big time gamblers are damaged by debt. The only winners would be the casinos and also the wager takers and a extremely little number of immediate millionaire jackpot winners who are used by the establishment to help keep the dream alive for everybody else.

Th first thing to do regarding gambling debts would be to quit the dream. Accept that you aren’t going to benefit from gambling. Realize that even if you did win something next time, you would probably lose it in an attempt to win more. So long as you think that you simply can profit from gambling, you’ll never stop.

Study books on the statistics of gambling, if that helps. Evaluate casino games to understand that nobody can beat the casino in the long run. You might see that numerous lotto winners are happier right after their win. You will find that many of them are miserable - suffering from depression, divorce, medicines or drink, unable to handle their sudden riches, soon poorer than ever before and with their self esteem gone as well.

Then, stop gambling totally. This might mean asking to get your self banned and canceling your accounts. It also means not betting with your friends on the outcome of the game and not buying another lottery ticket. In the event you can do this, you’ll be able to get out of debt. You will never do it in the event you go on gambling. Quit thinking that one more wager will solve all of your problems - it wont. There’s only one way out of gambling debt, and it’s not the way you came in.

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Waxman Gambling Away Child’s Future

Friday, November 5th, 2010

Vote for Chuck Wilkerson, a candidate for Congress with common sense for California’s 30th District. chuckwilkerson4congress.com

The Truth About Gambling, And The Letter I Got From Lotto-Quebec

Wednesday, September 15th, 2010

Click on www.TheRibackGroup.com tovisit what may be one of the most important, life-changing websites you’ll ever see. Dear Gambler, Are you losing control? Feeling remorse after gambling… chasing your losses… gambling until you have no more money left… having recurring urges to gamble… losing time from family life, school or work to gamble… selling or borrowing to finance your habit, etc. If so, I have bad news for you. The addiction has taken root, and it can ravage your life if you don’t stop it NOW. You are at a crossroads, and one of the paths is complete devastation and losing everything you have in your life. I know, because I lived it for over 20 years. And I lost everything. That’s why I can understand, relate to you and help you like no one else can. I will not only get you quick results by ripping the roots out from your problem, I will turn your life around by cleaning up the mess you left behind. You have full access to me… one month at a time… which means that anytime you have a problem, give me a call and I will help you work things out… and we will keep at it until we succeed. I will make amends with your friends and family and get those you’ve hurt back on your side. My success rate is over 90%. That means that you are pretty darn sure you will get the results you want… If you have other addictions, tell me. I am a one stop shop, so make the most of it. There is no one else that uses my approach or has a success rate as high as mine

John Mccain’s gambling problem

Thursday, August 27th, 2009

McCain is a high-stakes craps player who loves the pure, adrenalin-pumping, rush of the game. Obama is an exceedingly low-stakes poker player who sizes up his odds methodically and rarely loses money. It’s a great insight into the two personalities. And there’s an even better scoop a little further down. While I knew most of the details of Obama’s poker-playing, I had no idea McCain was such a hard-core gambler: In the past decade, [McCain] has played on Mississippi riverboats, on Indian …

TNT’s Charles Barkley’s Gambling Apology

Wednesday, January 7th, 2009

5.19.08
Charles Barkley apologizes for gambling on TNT. I gambled once and lost 50 bucks on a football game and never gambled since. The Chuckster lost 0,000 and vows he’ll never gamble again.

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