Gambling How it can Ruin your Life Must read

EMJ32

Registered User
Forum Member
Sep 17, 2000
624
0
0
This whole thread is a perfect example of why I quit gambling 2 months ago. Here we have a guy who got in over his head. He is in trouble and seriously in debt to a local. He tried GA and failed. While he shouldn't have mentioned Nolan's name, he used it as example of how he got himself into this mess. I honestly feel he is trying to warn others not to follow down this horrible path.

How do others respond to this message?? You have two clowns bickering at each other like little girls. You have others actually questioning the validity of the post. Then we have the money mangement gurus with their sage advice, which for our friend JR is too late.

I have personally realized the following things about gambling:

The majority of us who gamble, lose money.

Gambling is an addiction.

Gambling can and will interfere with our lives. It can adversely affect our marriages, relationships and our jobs.

Money management is good, but you have to have the will power to resist chasing your losses.

I gambled for 10 years and I went through all the highs and lows. For the first several years I made lots of money and had fun!! For the last several years I gave it all back and then some. I spent countless hours handicapping games and then watching every sport. I negelcted those that mattered most to me. I got out just in time. My marriage is good, my family forgives me and I still have my home and my career.

JR, I'm very sorry that this happened to you. I really know how you feel. My only advice is to set up a reasonable payment plan with your book. You must quit gambling and return to a healthier life. I wish you only the best.

As for the few friends I have here, I also wish you good luck in your lives. Please don't regret what you may be missing out on by continuing with this crazy addiction of ours!
 

kickserv

Wrong Forum Mod
Forum Member
May 26, 2002
89,322
1,240
113
50
Canada
well said EMJ32 :)

and anybody who doesn't think gambling can become a major addiction is beyond moronic. I mean pick up a friggen psych textbook :nono: :nono:

and while your at it.....look up the word denial :tongue :nono:
 

Mr Hockey

Registered User
Forum Member
Mar 17, 2003
2,098
0
0
Cancer, Aids, etc is an illness

Gambling is not on the level of those things. He knew in ADVANCE that he shouldn't be gambling but did anyway. I mean you make chump change a year & you actually think you can afford to chase a dream? He shouldn't have been gambling from the get go but instead of realizing that, some of you want to give him a pass. :rolleyes:
 

Square Gambler

Registered User
Forum Member
Dec 3, 2003
372
0
0
East Coast
EMJ32

Excellent read. Like with any investment approach, it's gotta be treated like a business in order to have any chance at making a profit.
 
Last edited:

He Hate Me

Registered User
Forum Member
Feb 21, 2001
483
0
0
Seal Beach,Ca
Sounds like we have a case of some Syracuse greaseballs giving too big a creditline to a vulnerable kid.

JR JC,

Pay these guys 10% of what you owe, if they dont like it and give you any guff contact Elliot Spitzer who is the AG for the state of NewYork. They cant lay a finger on you or your property or they get 3-5 years in prison, this isnt the early 1980's it is 2004 now.

On a sidebar Nolan Dalla may be a decent gaming writer but the guy is a lowlimit poker player and a complete know nothing when it comes to handicapping anything regarding sports, everything I have ever read on the guy is complete nonsense.

GA is not what I reccommend, it is a cult like AA, you need to find a good Bible beliving church and retire from gambling.
 

Eddie Haskell

Matt 02-12-11
Forum Member
Feb 13, 2001
4,595
41
0
25
Cincinnati
aclu.org
Gentlemen:

Lots of advice here. Some good, some bad. Some say addiction, some say pull yourself up by your bootstraps. Some chose this thread to wage a war against another poster.

Jcjrbowl, I'll briefly tell you my story in the hope it can shed some light for you. If it doesn't, its somewhat theraputic for me. Several years ago, I was in your postion only with a couple of more zeros after the totals owed. Actually, the amount doesn't matter ($50 to someone making 15k a year maybe more devastating than 5 dimes to someone making 150 k a year).

I quit gambling in 5-02. Started going to GA. Didnt really apply the principles as I have a real problem with this higher power stuff but have been able to abstain since that time with the exception of 4 slip up happening in a 2 week time frame. It works for me. My suggestion to you is think about your alternatives. Do you really have any other than GA that are legal and will get you back on course?

I wish there was a pill to take for those or us that are more susceptable to addiction than others. Unfortuneately there is not. Most people can gamble, drink, take an occasional toke, work, etc. without od. Some can't. My recomendation, for what its worth, call the book set up a payment plan thats realistic for you and that you can stick with. Then go to work. Let me repeat that, go to work.

Work at your job and work on yourself. That time you were pouring over this site looking for that lock, or that time you were pouring over the DRF, or that time you were driving to the casino, spend it working on bettering yourself, those that care about you and your life. Those of us in the "cult" of GA do not insist that anyone else try it. If works for us ommmmmmmmmmmm. If and when you are ready (or hit rock bottom) try it again. If there was something else that works, many of us would try it.

I hope this helps. I feel for you as I have been there. There is a way out. If you want to talk, ask Jack for my e-mail and write. I'll call you if you leave your number. You know in the nearly 3 years that I have been coming to this website, I don't think I have ever read a more moronic comment than the idiot who said GA was a cult. And I have read every one of Dogs That Barks posts!!!

Ed
 

DOGS THAT BARK

Registered User
Forum Member
Jul 13, 1999
19,424
128
63
Bowling Green Ky
Eddie I knew there was a good guy hiding in you.
I will reframe from comments of lack of courage anymore.
Take lots of courage to admit ones faults in effort to help another.
:toast:
 

DJTranks

Registered User
Forum Member
Apr 8, 2003
1,554
0
0
Yeah they are mixed feelings, Gambling is not an addiction if you dont make it to be, hell I bet but when I go on vacation, I stop and come back to it, I do not bet everyday, and I do not let it ruin my job, relationship, etc.. My GF knows I gamble and she is fine with it, I have fun doing it and thats all...

I guess gambling is different to everyone and everyone has their own level of expense..

DJ
 

SixFive

bonswa
Forum Member
Mar 12, 2001
18,716
237
63
53
BG, KY, USA
Good post, Eddie, except the DTB bashing. Nice of you to offer your help to a guy. I would also say that gambling can be an addiction just like pot, coke, heroin, or alcohol. How could it not be?
 

Nolan Dalla

Registered User
Forum Member
Sep 7, 2000
1,201
2
0
Washington, DC/Las Vegas, NV
I must say that I am stunned by what I've read here. So many issues come up that I'm not sure where to start.

Several points:

(1) One of the major downsides of posting picks or doing anything remotely related to free handicapping is that it exposes a large reader base to something that is very dangerous. It;s kinda' like giving out free shots of vodka on the Interstate. Since free sites like MadJacks will get many more readers than other sites (pay sites, for instance), that means there are larger numbers of people who can fall through the cracks and get burned. That seems to have happened here, with this individual losing money and now being in a very bad situation. My point is -- a site like this one, with free picks and information, will have a higher number of burnout cases than other (less popular) sites.

(2) I am disturbed that anyone would lose a significant amount of money based on something I did, or posted. I hope that my daily report ADDS to the ongoing dialogue about games, but it certainly is NOT the definitive word. I try my best not to "tout" myself as anything other than a "student" of the game, with still much more to learn. Occassionally, I think I do come up with some good material that is useful in handicapping (some of the angles, for example). But, in all of my writings, I don't think I've ever used the word "lock" or "game of the year," or anything like that.

(3) I do feel that public handicapping is a NO WIN situation. If you succeeed, that just creates more pressure to create the same percentages as more readers start following the plays. Then, when the inevitable downturn comes, you catch all the flack for being wrong. Also, when you come up with something solid, it's lifted off the site and stolen by others. Furthermore, as has been the case with the halftime angles, I have actually seen the lines come down on some of the totals. So, that means we lose value. Of course, when you lose and post the plays, there is no worse feeling in the world. It's one thing to lose money betting, but to know others have lost money makes the situation much worse.

(4) This season, I decided to stick with the angle-based plays no matter what happened al the way until the end of the season. I made a decision to do that to see what the result would be if we used simple math-based formulas to pick NFL winners. I hoped that we might come up with 5-6 systems that consistently hit in the 55 percent range, which would amount to a decent ROI for those who consistently followed the picks. Of course, I failed to do that and ended up with a net loss of about 43 units (with the vig) based on about 550 trials. For a $100 bettor, that means a loss of about $4,300 if anyone played every game to the letter. I doubt if anyone did this, but that would have been the end result.

(5) I personally lost about $5,000 this NFL season, with most bets concentrated in the $100-200 range. The smallest wager I made was $55 and the largest wager I made was $800. I found that the plays I made just prior to the game starting, with more information, were more successful. One problem with posting plays is that the write ups are often done 2-3 days in advance. This is not an excuse, but merely intended to point out that pcking gmaes is a little easier when you have all the way up until game time.

(6) Handicapping is a "science" in that it evolves and is constantly changing. What works one year may not work the next (despite my attempts to identify magic formuilas that work consistently). At my daily report, I invited two other people whom I respect to join and post their plays -- since they have unique systems and I wanted to contrast their plays versus mine (we use completely different methodologies). Again, my intent was to put out this information for consideration only. I certainly have not touted people to bet money on the Goldman plays or The Eastern Eadge or my own.

(7) I take responsiblity for my record (see tomorrow's report). I have no reason to hide or run away from reality. I always say that if my reports is not enteraining, amusing, infromatiive or whatever, then don't read it.

(8) The only source I subscribe to for betting infromation is TWO MINUTE WARNING. They use completely different methods in how they handicap games -- most of which are stattisically based. I noted that even this usually excellent website had a losing year. Ths doesn't make me feel any better, but I should make one point. I paid $200 for the season for their data and still lost money. But I am not blaming them nor am I asking for my money back. In my case, all the information is free and I'm not sure why anyone would take issue with the data that is presented. If anyone does take issue, then they can post their opinions here at the Message Forum. It's easy to play Monday Morning Quarterback, but I rarely got any e-mail or saw any posts that took issue with the comments made BEFORE the games were played.

(9) Finally, I wish I could offer the gentleman some personal advice. But, I'm not sure I can. I will say that just about every gambler I know (including myself) has suffered hardships at some point, and his situation is not really anything new. Any bookie would understand. You may want to make arrangements and be honest with the bookie, who will probably appreciate that, rather than getting the runaround.

(10) The last point I want to make is about whether or not it's worth it to purse sports gambling. That's an individual decision that each and every person has to make for themselves. In retrospect, there are a lot of things I would do differently, both as a bettor and public handicapper, but I can't change that now. What I can do is try to learn from some fo these things, and move on, and try to get better at it. It may be a Holy Grail concept, but it's worth pursuing, I believe. Whether others agree, is up to them.

-- Nolan Dalla
 

hellah10

WOOFJUICE
Forum Member
Oct 24, 2001
7,958
0
0
43
Toledo
Nolan Dalla said:
(3) I do feel that public handicapping is a NO WIN situation. If you succeeed, that just creates more pressure to create the same percentages as more readers start following the plays. Then, when the inevitable downturn comes, you catch all the flack for being wrong. Also, when you come up with something solid, it's lifted off the site and stolen by others. Furthermore, as has been the case with the halftime angles, I have actually seen the lines come down on some of the totals. So, that means we lose value. Of course, when you lose and post the plays, there is no worse feeling in the world. It's one thing to lose money betting, but to know others have lost money makes the situation much worse.

soo true Nolan. Ive had my mailbox full before about my sub-par mac season this year...it gets annoying...
 

yyz

Under .500
Forum Member
Mar 16, 2000
41,332
1,305
113
On the course!
Nolan,

I still give you credit. It's real easy to sit on this side of the monitor and call you names, or snicker and be hostile when someone has a bad season. You still gave it your best, but like most, came up short.

You pour over so much shit when it comes to NFL, I wonder how you have time to do anything else! That being said, I will always contend that betting the NFL is nothing but a coin flip.

With all the information at our fingertips, and all the "services" out there who have a hand in everything, wouldn't it make sense that most guys "in the know" would be on the same side on a lot of these games? I mean, if the line is "off", shouldn't all the gurus out there see that? But, there is never a clear cut board full of winners waiting for us.

I figure that the longer a person is around gambling on sports, the shorter his lust for it becomes. We all think that this is a great way to "earn" some cash when we are new to it. The worst thing that can happen, is a quick, and substancial win. Didn't we all assume that it would only be a matter of time before we could quit our jobs and do this for a living? Some people wake up, and it only cost them a few bucks. Others? Well, they hang on a little longer and wind up getting hurt a little more.

When you post on a forum like this, you are only as good as your winning plays. People will give you all the plaudits and ha-zahs, and it feels pretty good. But when you lose, they turn like jackals.

I hope you have the fortitude to keep doing this if it is what suits you. As for most......I hope they have the ability to stop.
 
Last edited:

Spock

Vulcan Visitor
Forum Member
Nov 1, 2001
7,577
0
0
65
Canada
jc jr

sorry to hear about the predicament that you find yourself in.

As has been suggested by a couple of people - best thing would be to talk with the bookie - explain the situation and then try to work around the problem (pay him monthly).

If he does not listen you need to find a professor who can lend you some money, then look up Teddy KGB's address and turn that money into three stakes of high society. .. . . (watch Rounders for inspiration). . .. . kiddin of course :eek:

I am sure there is a lot of things to learn from this posting. One thing is to ensure that you do not get into such a hole.

I stopped betting couple of months ago. Had nice run in hockey and made some money but I was borrowing money from my line of credit towards the downpayment of my condo. I could have kept playing (making more money or losing what I had) but decided to not make any more plays (bets) till I had the line of credit (and all credit cards) fully paid off.

Also no more casino visits till I finish paying off everything. The damn casino called me (they like me .. . .. being a vulcan) and asked me If i wanted complimentary 2 day hotel stay and tickets to Miss Canada Pageant. But the preferences are clear and I had to say "NO" :eek: Somethings are hard to say No to . ..

So for all those who are playing with borrowed money or playing with money while having a lot of debt - it may be better to hold off betting on sports / gambling while these things have been paid off. Does not matter how much you make these days jobs security is not what it was before and things can change anytime. If it does (and I hope it does not) you do not want to find yourself in a huge hole.

Also if you are working contribute regularly (monthly) towards your 401K or RRSP. Tax break + this money is hard to reach + a fall back for a rainy (snowy :confused: ) day . . .

Lots of years more .. with lots of games to come in the future that you can bet on ..

but learning and implementing Discipline should start now .. .
better late than never .. .

Damn .. I am so bored at my work let me see the odds on hockey for today . .. . :eek : . .. . . kidding again . . :D

Good luck pal in getting thru this situation and hopefully some others who are heading the same way will realize it and work around it before its too late .. .

Cheers !!!
May the Vulcan Prayers be With Ya
Happy New Year
Spock
 

THE KOD

Registered
Forum Member
Nov 16, 2001
42,493
256
83
Victory Lane
S-Love said:
yyz- I hope you gargled after typing that post above
300.jpg
 

NickiD

Registered
Forum Member
Jun 24, 2002
526
1
0
Southern
JCJR

Sorry about your predicament and I hope things get better for you.. I don't think you were blaming Nolan although I agree with others you could have referenced anyone generically without tarnishing a fellow members name -

There are some nice comments and advice here to choose from that were obviousley heartfelt

Eddie, DJ and others your good guys... well spoken


For some of the rest of you I don't usually slam anyone - but this is one of your own coming to you to have someone to listen, provide/offer experience that others can benefit from and he didn't ask for sympathy and most of all not to be slammed -


:nono: I hope in your hours of need (whatever it may be) that those around you exibit more kindmess than you have shown here..


look at me I learned to use bold..lol

Happy New Year to all!


:cool:
 

yyz

Under .500
Forum Member
Mar 16, 2000
41,332
1,305
113
On the course!
S-Love said:
yyz- I hope you gargled after typing that post above


No need to. Hey, the guy puts forth an effort. Not a soul here could ever say that about you. It's real easy to bash a guy when he posts bad plays. It's even easier to never post a play. That affords you the ability to do that bashing. You're just like the loudmouth fat fuker in the stands who yells onto the field, "You suck!"

Have another pull off of that Milwaukee's Best, as you lean back in your chair.....smiling proudly over another coup of a post.
 
S

S-Love

Guest
yyz- didn't your mother teach you?

Never type with your mouth full :nono: :nono: :nono:
 
Bet on MyBookie
Top