I think I'm addicted to gambling.
- Thread starter _PD_
- Start date
Continue with matched betting and the casino bonus stuff that when done properly has no risk.
If you're gambling with your own money then stop completely. I don't like the sound of you saying you can win. You can't. You may be winning atm but over time you will lose. How do you think casino's/betting shops make money?
You should only gamble with money you can afford to lose and at 19 you can't really afford to lose anything. Gambling should never be used as a tool to make money.
If you're gambling with your own money then stop completely. I don't like the sound of you saying you can win. You can't. You may be winning atm but over time you will lose. How do you think casino's/betting shops make money?
You should only gamble with money you can afford to lose and at 19 you can't really afford to lose anything. Gambling should never be used as a tool to make money.
Why not just stop for a set period of time e.g 2 months.?
If you can do that without any betting then I think you are OK. If you wake up sweating with a need to do it then pursue some course of action that will help you.
When I lost my £300 in one night on gambling it sucked but I enjoyed the "rush" of betting and so slightly understand the appeal of it.
If you can do that without any betting then I think you are OK. If you wake up sweating with a need to do it then pursue some course of action that will help you.
When I lost my £300 in one night on gambling it sucked but I enjoyed the "rush" of betting and so slightly understand the appeal of it.
Most times i go past billy hill or ladbrokes i go in for £3 on roulette. I usually lose but have won a few times. probably 4/10 win rate. It is pretty addictive, but only as much as other non addictive bad things (if you get me)
Just dont go in, then you wont lose. Hell, what am i on about, you always seem to win, carry on!
Ive got a couple of mates who are in quite a bit of debt from going to casinos, one went through his entire student loan (about £1100) in one night.
Fine if you can afford to lose, otherwise not
Just dont go in, then you wont lose. Hell, what am i on about, you always seem to win, carry on!
Ive got a couple of mates who are in quite a bit of debt from going to casinos, one went through his entire student loan (about £1100) in one night.
Fine if you can afford to lose, otherwise not
If you're going to stick at it then:
1. Read something like "Zen and the art of poker" or "The poker mindset". They might be designed with poker in mind but you can take away the more general advice of how to handle your emotions when gambling.
2. Keep some spreadsheets of your gambling winnings/losses. The mind can quite easily play tricks and convince you that you are most definitely a winning player, but the only true story will come from the stats you keep (and they have to be honest and complete).
3. Be disciplined. Come up with a set of rules for when to stop a session. For example, if you double up you stand up and then buy back in with your original amount (I'm assuming you're playing online). If you blow your initial buy-in, only reload it once, and if you blow it again, end the session and go do something else for an hour/2hours/until the next night or however long it takes for you to stop steaming.
1. Read something like "Zen and the art of poker" or "The poker mindset". They might be designed with poker in mind but you can take away the more general advice of how to handle your emotions when gambling.
2. Keep some spreadsheets of your gambling winnings/losses. The mind can quite easily play tricks and convince you that you are most definitely a winning player, but the only true story will come from the stats you keep (and they have to be honest and complete).
3. Be disciplined. Come up with a set of rules for when to stop a session. For example, if you double up you stand up and then buy back in with your original amount (I'm assuming you're playing online). If you blow your initial buy-in, only reload it once, and if you blow it again, end the session and go do something else for an hour/2hours/until the next night or however long it takes for you to stop steaming.
Stop.
I used to do the casino thing, coming up to about 4 years ago. Did it for only 6 weeks, made about £3-4k. I had a load of money (winnings) in a netteller account and to withdraw it decided to withdraw via a casino. Had to play through it about 5 times to withdraw and was playing £5/hand blackjack. Was on a losing streak and was getting peed off. Decided to do a bit of reverse sweepering and lost a long streak of hands going £5, £5, £5, £10, £25, £50, £100, £200, £400. I then had enough to play £800 leaving about £500 left in my account so couldn't afford to double again. After about the first 5 losses I knew I should stop but everytime I told myself to a second later I'd have doubled and played another hand without really intending it, I knew at that point I was addicted and it could all go horribly wrong. I played the £800 hand and won it, again unable to stop myself. Withdrew every penny and have not played since (except fruitys). I felt sick that I had nearly thrown away about £3000 in total, and it took me approximately 3 minutes to go from a decent sum to nearly having nothing. If you've made a nice bit of money and are actually worried enough to post on here then you have no question to ask. Stop now and be thankful for what you made while it lasted.
I used to do the casino thing, coming up to about 4 years ago. Did it for only 6 weeks, made about £3-4k. I had a load of money (winnings) in a netteller account and to withdraw it decided to withdraw via a casino. Had to play through it about 5 times to withdraw and was playing £5/hand blackjack. Was on a losing streak and was getting peed off. Decided to do a bit of reverse sweepering and lost a long streak of hands going £5, £5, £5, £10, £25, £50, £100, £200, £400. I then had enough to play £800 leaving about £500 left in my account so couldn't afford to double again. After about the first 5 losses I knew I should stop but everytime I told myself to a second later I'd have doubled and played another hand without really intending it, I knew at that point I was addicted and it could all go horribly wrong. I played the £800 hand and won it, again unable to stop myself. Withdrew every penny and have not played since (except fruitys). I felt sick that I had nearly thrown away about £3000 in total, and it took me approximately 3 minutes to go from a decent sum to nearly having nothing. If you've made a nice bit of money and are actually worried enough to post on here then you have no question to ask. Stop now and be thankful for what you made while it lasted.
1.01 is not a license to print money.
It can and does get overturned. You can bet 1.01 99 times and win but that 100th time it will lose and after factoring in commission, you will actually show a loss ( assuming level stakes ).
Deleted member 651465
Deleted member 651465
That's the bummer about gambling; You think you've won, when in reality, you've probably passed the same amount across the tables before the "win".
On the chance you get lucky you just believe you have a knack, and often or not get greedy and lose (ultimately).
Try limiting yourself to a fixed budget. If you want to spend £30 of your own money then set yourself a strict limit, even if you come out with the same £30, try to stop yourself using more than the original £30.
This way, if you're losing you know you've only blown the £30. Obviously, if you're up to £1000 profit then you've got a more serious problem and should probably take some time out and get professional help.
On the chance you get lucky you just believe you have a knack, and often or not get greedy and lose (ultimately).
Try limiting yourself to a fixed budget. If you want to spend £30 of your own money then set yourself a strict limit, even if you come out with the same £30, try to stop yourself using more than the original £30.
This way, if you're losing you know you've only blown the £30. Obviously, if you're up to £1000 profit then you've got a more serious problem and should probably take some time out and get professional help.
You have a fairly big bank roll, maybe you'd should stop trying to win bets and simply trade them instead. I.e. back high odds, lay them off if/when they get lower, and vice versa.
Thay way you minimise the risk of losing a lot more. It's also pretty nice to have a guaranteed win whatever the outcome. : )
Well said that man. The key to betfair is trading. If you're betting on things like football, the team who's in the lead will only get shorter as the game goes on, as will the draw.
An example:
Aston villa, away at Blackburn. 2-0 up after 55 mins, and trading at 1.16.
£500 on that, for a return of £576 (after 5% commision). Villa score, they go to 1.04, lay them off! Blackburn score, again, lay them off! If there's nothing going on for 15 mins, Villa would go to 1.08/1.09ish, lay them off! Getting out with a small hit to your balance is better than losing your entire initial stake, or getting out for a small profit may seem silly, but profit is profit, so play safe.
Thanks for all the advice guys.
I think I could stop completely, I don't know. My betfair account is blocked for the next week, so we'll see how I feel.
Oh, obviously. When I say "without the risk", I mean it's because I only have £10 involved, not because of the low risk.
I've played the back/lay game before, though often not intentionally. It's worked well. I don't have a high bankroll, I'm just stupid.
If you have a gambling problem, confess here.
I'll post back in the morning! Just been at a christmas party. Not gambled a penny all day, and feel fine! I have had "the urge" a couple of times, but I can't put anything in my betfair account so it's been OK.
I think I could stop completely, I don't know. My betfair account is blocked for the next week, so we'll see how I feel.
1.01 is not a license to print money.
It can and does get overturned. You can bet 1.01 99 times and win but that 100th time it will lose and after factoring in commission, you will actually show a loss ( assuming level stakes ).
Oh, obviously. When I say "without the risk", I mean it's because I only have £10 involved, not because of the low risk.
I've played the back/lay game before, though often not intentionally. It's worked well. I don't have a high bankroll, I'm just stupid.
If you have a gambling problem, confess here.
I'll post back in the morning! Just been at a christmas party. Not gambled a penny all day, and feel fine! I have had "the urge" a couple of times, but I can't put anything in my betfair account so it's been OK.
My best friend has it bad, and its not nice seeing the state hes in once he gets going, its like the flashing lights and lures of high stakes is life or death and every bit of money he puts on "oh this is a winner" it usually never is until hes brasic. Then he asks me to lend him money to which i refuse and pull him away from whatever hes betting on.
Mugs games mate, give it up and stick to your bonuses.
Mugs games mate, give it up and stick to your bonuses.
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I used to have a gambling problem. It screwed my life up for years. If I had the money I lost back in my hand now, I could pay off my mortgage with it.
I no longer gamble at all. Not even a quid on the lottery. Not even the workplace sweepstake on the Grand National. Nothing. I can now gamble in a controlled manner, but why put myself at risk of failing to do so?
To the OP...might it help to remind yourself that it is money? If you had £990 in cash in your hand, would you put it all on some 2:1 bet?
I no longer gamble at all. Not even a quid on the lottery. Not even the workplace sweepstake on the Grand National. Nothing. I can now gamble in a controlled manner, but why put myself at risk of failing to do so?
To the OP...might it help to remind yourself that it is money? If you had £990 in cash in your hand, would you put it all on some 2:1 bet?
No
I think that's the bit I need to get in my head.
Keep us updated on a weekly basis mate.
A problem shared and all that...
Merry Xmas.
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Perhaps you should chuck your PC in the loft for a few weeks and socialize more and see how much your life improves when you don't obsess over gambling? Sometimes extreme measures are required to show you the light I guess. Then you might feel loads better with an improved life style and not need it anymore. Just an idea. I have seen the same thing with gaming with some people. Had to literally lose everything before they took action. Dont let that be you 
Good thinking, but I socialise a fair bit, I was out last night, out again tonight, I'm away on the weekends when the weather is good, and I won't gamble when my girlfriend is here (she does know though, I just won't becuase that's a pretty harsh and anti-social thing to do).
I need my PC for work, too. Which I really must get on with! Bah.
I need my PC for work, too. Which I really must get on with! Bah.