I QUIT!

Quote: SOOPOO

Sorry to hear, but happy to hear you’ve identified a problem and fixed it.

How do you lose 6 figures if you’ve only bet 5 figures? Typo, or do I not understand what you meant?

I have some questions about the details, but will only ask if you are willing to talk about it.
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Typo. Fixed it. It was high 7 figure amount wagered.

Duplicate post.

If you have a family and kids, there is no reason to gamble. OK, maybe for entertainment purposes a few times a year. But you need work hard, spend time with your kids, go on family vacation and have sex with your wife. If you are single, different story. You can afford to live the other lifestyle, your actions fall on you. You only hurt yourself.

Thanks for stopping by and the update.

Stay strong. As others have said, hanging around here may not be a good idea, although I'd be interested in a progress report down the road.

Quote: mwalz9

Hey guys,

Long time no see.

Just wanted to pop in and see how everyone was.

Myself, I have been struggling, but I am on the road to recovery. I recently stopped gambling. I self excluded from every casino (brick and mortar and online) in West Virginia. I started GA meetings and have a counselor. I needed help, and needed it bad! I was about to lose everything I have, including my family. In the last 3 years since online gambling became legal here in WV, my net loss is 6 figures on a high 7 figure amount played. My credit cards are maxed out and Im on the verge of bankruptcy.

Luckily, I stopped it in time!

Hope all is well here. Miss you guys!
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Really sorry to hear of your situation. Thank you for your candour. That must have taken courage.
I wish you a full and steady recovery from your situation.

Thank you! I have learned a lot from you. You are a HUGE inspiration to me. I felt the need to stop in. I will definitely update in a few years and months.

So a $300K loss on $9 million bet is a 3.33% HA. What games were you playing and what were your sore spots? Online gaming is 10X faster than B&M.

Quote: ChumpChange

So a $300K loss on $9 million bet is a 3.33% HA. What games were you playing and what were your sore spots? Online gaming is 10X faster than B&M.
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My net loss was less than 2% of my amount wagered.

I played BlackJack (I know basic strategy), slots, and bet on sports.

I had a property manager last century that would break into tenants' rooms and steal money then go play Black Jack at the local casino. He stole over $2,500 over a few weeks and he was arrested and lost his job. Then we got the property manager from hell and half of the big building moved out within one year, and they really had nowhere to go.

Quote: mwalz9 Edits for brevity

Hey guys,
Myself, I have been struggling, but I am on the road to recovery. I recently stopped gambling. ... In the last 3 years since online gambling became legal here in WV, my net loss is 6 figures on a high 7 figure amount played.
My credit cards are maxed out and I'm on the verge of bankruptcy.
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I found it instructive to read back through threads started by MWalz9.
There but for the grace of [insert favourite deity] go many of us.

I'll quote a few snippets, without critical comment. His situation is really upsetting and if his posting history can be any help in saving anyone from the same fate, I'd encourage that newcomer to read every thread started by MWalz9. Then I'd encourage them to quit the forum and quit the very idea of gambling, before ever starting.

I concur with wizard that MWalz9 'Hanging around here might not be a good idea'

Back in MWalz9's first thread in 2012

Quote: mwalz9

Love the sarcasm, but guys who make < $30,000/yr. like to play craps too!
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Hi MWalz, When you wrote that back in 2012, were you one of the guys who make < $30,000/yr?

I see back in June 2021, MWalz was pondering his situation, but comfortable that he had 6 figure income and 6 figure bank balance. He felt comfortable, but with hindsight was there an edge to his question? BOLDING IS MINE. Edit for brevity.

Quote: mwalz9

I was just thinking about this today and wanted some insight from some of you. Do you feel like a gambling "addict" can be addicted to gambling and be a "controlled gambler" at the same time?

For instance, I stop at the casino between my house and work 4-5 times a week. I bet on every sporting event I plan to watch, which means I bet on one usually every night. I also, when not watching a sport on TV I have money on, play an online casino game on my tablet at home in the evenings bored. Many people would call that a definite addicted gambler.

However, I never spend money I do not have to lose. I make well over 6 figures a year and have a 6 figure bank account....

Could I quit? Maybe. Do I want too? No! I do not feel it is an addiction though. I feel I use it as entertainent, as my main #1 hobby, and feel I have it well under control and have for many, many years.
...
Again, I'm not asking for any help or anything about me personally, just thoughts on if addicted gamblers can be controlled gamblers in general.
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But as recently as Jan 2022, MWalz9 was distressed at losing his Mortgage payment....

Quote: mwalz9

So, I felt froggy and took the $1823 I had set aside for my mortgage this month to the blackjack table. I bought in for $1823. My plan was to make enough money to pay for dinner for my family. I just needed to win say $50, then I'd leave.
....
I can't believe it! 4 loses in a row! The good hands I had? How does this happen. So of course I start crying at the table. I just lost my mortgage. I don't know what I'm going to do. ...
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And here we are. How quickly and how easily a family's life was trashed.

Maybe MWalz9 will help us understand how it came to this.
But he owes us no explanation. Again, I wish him the best for his recovery.