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The rest is for suckers.
(nips off to buy a lottery ticket)
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Luckily managed to walk away without any damage done but know quite a few blokes who lost everything. One said to me once that for problem gamblers like him the best feeling in the world is winning a bet and the second best is losing a bet as you are buzzing and pumped up even when you lose.
EDIT - re reading this it looks like I could afford to win and lose 10s of thousands every week - I couldn't of course. I remember one Friday I was £22,000 down on a day trade (fancy name for a short term bet) bet on the Dow Jones, I kidded myself my background meant I had an edge and I was trading but it was pure gambling. Like a typical mug punter I doubled up on my bet and by pure fluke it came back my way and I got out of it actually making about £100. You can imagine that sort of rollercoaster would give you a buzz and reinforce in my mind what a genius I was for doubling up and getting my money back but tbh I was scared sh1tless of telling my Mrs that I'd lost that sort of money and promised myself that if I got it back I wouldn't bet again.
10 years on and thankfully haven't been tempted other than the odd boxing and football bet.
I suppose it's a high like other additions.
My mate spends pretty much all his wages in the bookies. His wife pays for everything else. Been like that for years. He's never drank smoked or taken anything else.
I can see how a bit of dabbling in something sets up a reward mechanism and each time it takes a little bit more to get the buzz.
That makes sense, up to a point.
I guess with gambling I don't really understand how you get to that point- you clearly have to know going into it that the house always wins so why start? I just can't parse the mindset that would say 'yeah this is something I am going to do'.
Studio: https://www.voltperoctave.com
Music: https://www.euclideancircuits.com
Me: https://www.jamesrichmond.com
Studio: https://www.voltperoctave.com
Music: https://www.euclideancircuits.com
Me: https://www.jamesrichmond.com
erm, asking for a friend.
I'm not locked in here with you, you are locked in here with me.
Studio: https://www.voltperoctave.com
Music: https://www.euclideancircuits.com
Me: https://www.jamesrichmond.com
I'm not locked in here with you, you are locked in here with me.
It does seem to be possible to keep it under control, for some people.
A friend of mine is completely obsessed with horse racing, has been for at least 40 years. I think his dad took him to betting shops as a kid, he had a pre-university job at a bookies and he follows all the races every day of the week.
But he never bets big money and although I'm sure in the long-term he must have lost more than he's won, he's never got into financial trouble (of course I don't know his personal finances, but his wife's more than sharp enough to catch him out if it became a problem).
Personally I don't seem to have the gambling gene at all. I've placed bets about twice in my life, lost my stake and thought "well fuck that for a laugh".
I guess it's about returning for those highs, just one more go, one more win.
My nephew does online poker and wins a few thousand £s across the year ( although I guess he wouldn't tell us if he lost). But he has a PHD in some theoretical maths thing ( that's how well I understand it) so it's not a game for idiots.
Edit: not a game for idiots if you want to win.
Money laundering, bitter labour disputes, links to organised crime and senior executives linked to murders, extortion and triad gangs.
Of course, that's at a Trump casino. I'm sure the rest of the industry isn't quite that bad.
When he got found out, he was of course sacked and eventually went to prison.
His boss, who was supposed to be checking what he was doing, also got sacked with an £86k golden boot...