Register here: http://gg.gg/ojpca
I had so much embarrassment. I was like, I don’t want to tell anybody because at that point, I had kind of built It’s weird to even think about Facebook and social media a decade ago. I’ve been on Facebook since 2005. In 2011 when I’m going through this gambling crisis, I had at this point built somewhat of a reputation.
*Best part, I’m just finishing my masters so I have a crapload of student debt – total debt now, is $85K. I could have had $50K, but the $30K was spent on gambling. Last trip to the casino?
*I’ve racked up a sizable debt from gambling the past several years. Is it just me or is it so much harder to stop when you know you’ve got a large debt to pay off. I think its easier to stop when u’ve lost (for example) 50k in savings but you’ve got no debts to pay than to lose 20k but be in debt.
*The Debt Prayer. Here is another blessing for money. This prayer is for help to come out of debt. Often times, either through poor financial planning, or unexpected unemployment, we can accumulate too much debt to deal with on our own. Use this prayer to ask for God’s help.
*This topic has 256 replies, 37 voices, and was last updated 4 years, 7 months ago by .123…161718→In So Much Debt Through Gambling Winnings
*
Hello, I’m Adam. I’ve just signed up to this site after advice from Katie on the live chat. I’ve been gambling since I was probably 13/14. Slot machines are my thing. I would go to the arcade at dinner time when I went to school, or into town on the weekends to spend all my pocket money.
I guess I graduated to more serious money when I left school and got a job in a pub glass collecting. I’d be happy to lose 20, 30 quid on the bandit even if that was a big percentage of my wages. As I got older I was promoted to the bar and eventually assistant steward. As the position went up, the wages went up, the gambling went up. The inclusion of a £1 a spin machine at work proved too tempting and I was regularly losing hundreds.
More recently I’d signed up to Betfred to try my hand at gambling away from work. Once again, video slots were my thing. Started easy with £2 a spin, but it gradually grew and grew. £10 a spin, £20, £40. Soon I was losing £100 with every spin of the reels. I recently lost £11,000 from a£17,000 life savings account. I was destroyed. So imagine my delight when I managed to win and build it back up to £20,000. That should of been the end of it. But for the fact I’m here, we all know it wasn’t. I lasted roughly 1 week before I was gambling again. £100 a spin. I lost £11,500 over a week or so. I lost the final £8,500 in around 20 minutes yesterday.
I’m absolutely mortified to say the least. I’ve no idea where to go from here. That money was supposed to go towards a new house next year. This is where my problems lie. I can’t bare the thought of telling my parents who have basically wiped my arse for 30 years. It’s all going to come out eventually when I try to get a mortgage and they check my financial history. Further still, my girlfriend who has always struggled financially, will never understand. She’s thousands in debt herself, so she’ll never be able to come to terms with me losing £8,000 in 20 minutes. I just can’t face them. I’m basically eyeing up as much stuff in my possession that I have to sell. Try and claw some of it back. If I saved £200 of my wages every week, I’ll get it back in about 100 weeks. That’s just never going to happen.
I think I’m going to have to settle into this depression…
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 you’re currently facing. We understand that this might be a tough time for you, particularly if you’re 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. We’re 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 you’re 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….
I’m going to hand you over to our community because I’m sure they will have some words of wisdom for you

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