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Gambling Therapy is a global service offering free practical advice and emotional support to anyone affected by problem gambling. Another guy lost 7 figures, had to sell everything he had. He even took loans to invest more into the stock. Some guy was talking about how he can’t tell his wife he lost their life saving of over a million dollars on the stock. They literally had all their money in this stock because it was supposed to be a sure thing.

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In the gambling world, behind the glamor, there is ugly, bitter, loss. It can sting, but some losers are within their budget so they shrug it off. Others lose everything in seconds. Working in that sort of world, casino employees see all sorts of things. The following are accounts of casino employees of reddit, revealing the most money they've seen lost in one sitting—and the aftermath.

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
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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 youre currently facing. We understand that this might be a tough time for you, particularly if youre 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. Were 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 youre 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….
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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

Lost All Money Gambling Reddit