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    (Original post by Stevo112)
    I agree

    The worst type of gamblers are the ones who THINK they are profitable and yet are either just riding a big wave of luck or delusional

    I have no doubt people make money off gambling due to it not being an exact science (unless you talk roulette and blackjack etc) but they are few and far between.


    Also, professional gambling (of which I know a few people) is kinda a waste of your life unless you are solely driven by money.
    yeah its good that this guy quit before he had some serious debt problems but the main thing is to seek help and get some support form a therapist or someone who specializes in addiction because even though he has stopped there is a chance he could relapse if he experiences problems or needs money. i agree being driven by money is problematic i think if stability and sustainability are the op's goal he should try and get some extra work rather than taking out loans
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    (Original post by SloaneRanger)
    True say I've been done by alot of 9th inning rallies, 90th minute goals, losing after having match point....last ball in the cricket.... backing and laying is the best way forward.
    The worst
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    (Original post by jama mj)
    yeah its good that this guy quit before he had some serious debt problems but the main thing is to seek help and get some support form a therapist or someone who specializes in addiction because even though he has stopped there is a chance he could relapse if he experiences problems or needs money. i agree being driven by money is problematic i think if stability and sustainability are the op's goal he should try and get some extra work rather than taking out loans
    I highly doubt he would in cure much debt that would mean anything all of it would be unsecured debt.... which is pretty much meaningless a credit default and CCJ its under the consumer credit act so he protected. Payday loans.....is the most I can see, he wouldn't get a loan....as a student (responsible lenders). Overdraft debt, which are fixed on Student Accounts and interest free, will just get him a CCJ, in the long run which will be wiped after 6 years. Unless he's a baron or owns a house he hasn't got anything to secure it against. He had a harsh lesson from the roulette and he has obviously disappeared from the shame of everything. I don't think OLLIELEAKE could have predicted close to 600 posts to help him. We have to say TSR is very social conscious to helping others . If he does have addiction, I hope some sections him, before he does anymore damage to himself.
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    (Original post by fat_hobbit)
    The worst
    Texas v LA under 8.5 runs Jer Weaver v Yu Darvish
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    FAO: OLLIELEAKE

    http://en.wikipedia.org/wiki/Calvert_v_William_Hill

    http://news.bbc.co.uk/1/hi/uk/7243656.stm

    http://www.dailymail.co.uk/news/arti...-2million.html

    Oh wait, he lost again...pathological loser....
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    (Original post by SloaneRanger)
    I highly doubt he would in cure much debt that would mean anything all of it would be unsecured debt.... which is pretty much meaningless a credit default and CCJ its under the consumer credit act so he protected. Payday loans.....is the most I can see, he wouldn't get a loan....as a student (responsible lenders). Overdraft debt, which are fixed on Student Accounts and interest free, will just get him a CCJ, in the long run which will be wiped after 6 years. Unless he's a baron or owns a house he hasn't got anything to secure it against. He had a harsh lesson from the roulette and he has obviously disappeared from the shame of everything. I don't think OLLIELEAKE could have predicted close to 600 posts to help him. We have to say TSR is very social conscious to helping others . If he does have addiction, I hope some sections him, before he does anymore damage to himself.
    With respect, a lot of the more recent posts would not be of particular help for someone with a tendency towards gambling. What you all DESCRIBE is a world away from problem gambling and addiction and it serves no useful purpose for anyone who is adversely affected with gambling addiction.


    Plus, talking about debt in such a way is idiotic because it will only go and completely ruin your life. If you take out payday loans then you still owe the money! If you default on payments then you still owe the money! What happens when someone spins a £500 rent payment on the roulette? Are they not going to be kicked out of their flat?

    Even if the situation isn't as bad as you say (hell I ran up about £5k of debt when roulette took a hold many a year ago) the fact that you can relapse is probably the single biggest threat to any person and in the future it could ruin your life. I have pretty much kicked gambling now, but if it ever took a hold on me I could end up homeless. Really scary ****. I really have no doubt people make money because I have on poker in the past but not many people have the mindset to do it, and talking about debt in such a way like you have here is idiotic tbh.


    Oh and if you lie to payday loan companies you can so easily get up to £500 almost instantly off them. There are like at least 5 companies who would lend up to £500 with some creative form filling on your part, so that is up to £2500 right there.... I also managed to run a £1500 overdraft up to £5k which was pretty sick, not sure if banks would do that for you now (this was like 6 years ago I think!). Plus student loan and student grant money. Plus any jobs you have! Maybe you have a car which means a logbook loan (bye bye car!!). How is that potentially not a lot of money? :rolleyes: The payday loan companies will hound you relentlessly, your car will get taken, the bank might be chilled out, the landlord will be pissed off, the companies you can't pay will be pissed off....
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    (Original post by Stevo112)
    With respect, a lot of the more recent posts would not be of particular help for someone with a tendency towards gambling. What you all DESCRIBE is a world away from problem gambling and addiction and it serves no useful purpose for anyone who is adversely affected with gambling addiction.


    Plus, talking about debt in such a way is idiotic because it will only go and completely ruin your life. If you take out payday loans then you still owe the money! If you default on payments then you still owe the money! What happens when someone spins a £500 rent payment on the roulette? Are they not going to be kicked out of their flat?

    Even if the situation isn't as bad as you say (hell I ran up about £5k of debt when roulette took a hold many a year ago) the fact that you can relapse is probably the single biggest threat to any person and in the future it could ruin your life. I have pretty much kicked gambling now, but if it ever took a hold on me I could end up homeless. Really scary ****. I really have no doubt people make money because I have on poker in the past but not many people have the mindset to do it, and talking about debt in such a way like you have here is idiotic tbh.


    Oh and if you lie to payday loan companies you can so easily get up to £500 almost instantly off them. There are like at least 5 companies who would lend up to £500 with some creative form filling on your part, so that is up to £2500 right there.... I also managed to run a £1500 overdraft up to £5k which was pretty sick, not sure if banks would do that for you now (this was like 6 years ago I think!). Plus student loan and student grant money. Plus any jobs you have! Maybe you have a car which means a logbook loan (bye bye car!!). How is that potentially not a lot of money? :rolleyes: The payday loan companies will hound you relentlessly, your car will get taken, the bank might be chilled out, the landlord will be pissed off, the companies you can't pay will be pissed off....
    We are just giving the addict outs....just like poker...he has to make the calls... good or bad.

    Payday loans use credit reference agencies...if you read in the fine print, companies such as wonga.com, paydayuk... under government legislation they also have the responsibility as lenders, because the agreement is under the consumer credit act. Again they check with employers, to see if that person is employed etc, by calling them up. They are under the OFT!

    http://www.wonga.com/money/wonga-responsible-lending/

    To get your car taken, it would have to go to court, then a judgement would have to be entered i.e. a CCJ then you would do an enforcement order..... County Court or High Court Baliff, companies Sherforce. Again he would have the rights of appeal to pay reasonable amounts each month, even if its £1 a month, could do an attachment of earnings....to take it straight from his wages.

    This is all unsecured borrowing, they can't do anything to you, they can't seize your home if you own it. Most they could do once they get a CCJ is an "order for sale", judge won't force a sale if theres dependents etc. But in the eventuality of you selling it, the debtors will be paid. There is also the statue of limitations with debts 6 years...... I won't go into that. A few outbound calls shouldn't scare anyone......

    They bought it up above, I was only showing the potential effects of it, and its still relatively small....in contrast to secure debt, that is less then £20,000.... you can go bankrupt and all of those problems would have disappeared for £750 and you would have been discharged seeing if your under 25 within a few years. The government has so many remedies for those in debts like IVAs... A bankrupt can keep a car if its under £1000 - fact.

    I can't say I've incurred debt as a result of gambling, if it did I wouldn't be able to practice, banks check those in regulated roles frequently.

    Yeah what Im saying is true, but possibly not constructive, he needs a psychiatrist to look at the reasons he does gamble and what are his overall objectives.
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    There are always companies that will lend money to people in the uk. No mater of credit score the problem is this gambler will continue to use loans to feed his gambling addiction. It is the only addiction I cannot understand I may place a small bet and if I win I win if I lose I lose. does not affect my life in anyway. But I appreciate there are people who can get addicted to things. Regarding to your statement a bankrupt can keep his car if it is worth less than 1k That is incorrect. A bankrupt can keep any material item that will enable them to work and provide a living for them. If the car is on finance that does not apply. Becoming bankrupt will make it very hard to gain credit at a sensible interest rate for at least 6 years. However having bad credit you can still take out loans legally through bad credit company`s. who specialize in lending money not based on credit score. Based on affordability through wage slips and future income. Sorry to correct you on your incorect facts. I do however agree that the op needs to seek some kind of help for his gambling problem because to me if you are taking loans out to enable your gambling there is a problem. There is only ever one winner in gambling and that is the bookmaker. Unless the gambler first wins then closes there account down and never gambles again.
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    Gambling gets a bad reputation because of those who do get addicted, for which it can be dreadful. However millions enjoy it, quite sensibly, by just sticking to the few simple rules such as 'not betting an amount you cannot afford to lose' etc.

    In addition, sports betting can be a way of making some decent money, if you are knowledgable enough, and can use simple mathmatics, by finding value in a selection giving you an edge over the bookmaker. This is the only real way to make long term profit from sports betting, but all it takes is a bit of knowledge and a few calculations to create a perceived chance of an event occurring. It's a method I've used to great success, and as a result I am already writing for a betting website at the age of 18.
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    (Original post by fat_hobbit)
    I will add to this. Betting is stressful.

    To get a decent return, you have gotta hedge, everyone goes though bad runs, and that's when it is extremely important. Also find it's difficult to make money quickly, because the wins/losses goes in waves. You may win 200, but then lose a 100 if you get my drift. But as long as you are ahead, that is all that counts.

    Earlier, I could have lost 130 on the milan match if I never hedged, but because I cashed in, when I saw it was 2-2, I got that figure down to 90, and now after the win with Knicks, I have got that figure down to 20.

    With my next match I will keep hedging (if I have to) until I get the 20 down to 0. At which point I am back to where I was if it wasnt for the milan game.

    Also watch the games. And stay away from football.
    Hedging and cashing out are both terrible ideas I'm afraid. Cash out almost ALWAYS works in the bookmakers favour.
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    (Original post by Sum Gai)
    This is why gambling should be banned.
    (Original post by Genocidal)
    If you realised how much gambling brings in economically you'd see how foolish that statement is.
    (Original post by Sum Gai)
    and? Do you know how much the government could make selling illegal drugs legally?
    actually in truth the government has recently included drug dealing and prostitution in the gdp so it is basically overlooked on the small scale i know friend who been caught with smallish amounts from 1/8 of an ounce of cannabis by one and three ounces by another friend
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    I just done same thing this week started of with £200 won up to £600 lost that started chasing that money £5000 down lucky I own business
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    (Original post by OllieLeake93)
    A couple of days ago I signed up with William Hill after I had enjoyed watching a friend play poker. I've been playing roulette over the last couple of days. To start with I made £30 and walked away and then the next morning I lost a bit of that and left. Later that I day I won more until I was about £60 on top. However I don't know what has happened to me today, Since I had such large winnings I was betting higher amounts of money. I started with £20 bets and ended up with nearly £50 bets to cover the bets that I lost.

    However my bets have become out of hand and I have now ended up £500 down. I still have money in my bank so i'm not likely to go into debt with my bank but I just feel so depressed that I let this happen to me as i'm usually very, very careful with my money. I have contacted William Hill to see if there is anything they would do but I wouldn't be surprised if they don't.

    I'm not after much from anyone reading this thread - I feel like I need to tell people as I would be too embarrassed to tell my parents or girlfriend but they don't see my bank statements so they won't find out.

    It will take me about 2 months to earn this money back but I realise my mistake and plan on closing my account with William Hill and not gambling again.
    yo thats minor, my mate lost a grand atleast.

    We use to go all the time, my ***** would be 50 on red, then if loose double down 100 on red and so on. Just stop gambling man, its a fools game, the house always wins. If u carry on i gotta hate ya. and your set wont accept you becuase they wont respect you. dont be an actor, this is serious.im trying t stop young nigggas like you. Learn a lesson from me. Mother**** the casino. Your like a kid youve found the casino now u wanna gamble. dam OP. i wanna stop u in ur tracks.
 
 
 
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