1. How Much Have You Lost Gambling Tickets
2. How Much Have You Lost Gambling
3. How Much Have You Lost Gambling Money
4. How Much Have You Lost Gambling Tax

• This topic has 17 replies, 13 voices, and was last updated 10 months ago by .

I know how you must have felf. In sports gambling I lost 4K on a few occasions per day about 5 years ago. Reply 0 Follow Follow Unfollow. Fortunately, although you must list all your winnings on your tax return, you don't have to pay tax on the full amount. You are allowed to list your annual gambling losses as an itemized deduction on Schedule A of your tax return. If you lost as much as, or more than, you won during the year, you won't have to pay any tax on your winnings.

“I have a terrible, terrible gambling addiction,” says Shari. “When I’m gambling, I don’t have to worry or think about all my problems.” TELL DR. PHIL YOUR STORY: Life in crisis? So there you have it. Apparently there are a lot of people out there who gamble more in a few minutes than some people make in their entire life. Be sure to share these gambling stories with all your friends who complain after losing $20 over the course of a few hours. This means you’ll lose an average of $1.41 every time you bet $100 on the come bet or pass line bet, but you’ll lose an average of $9.09 every time you bet the same amount on the hard 8. So one reason you’re losing so much money gambling is because you’re making bets on propositions where the house has a high edge.

How Much Have You Lost Gambling Tickets

• Hi

  Im really struggling now with debt due to gambling.. i am struggling to see a way out of this hole, one thing i know is that i have a very tough road ahead if i ever want to be happy again.

  I was wondering how much others had lost due to gambling, not so i can make myself feel better about the ammount i have lost. More because i think it will help to have a thread i can see with the ammount of moey we have all lost to detere me and remind me that there are no winners!

  I gauge the ammount i have lost, based on the current debt i have of 40k 🙁 however this isnt including the full salary i have been on for 9 years with literally nothing to show for it!

  I am constantly bombarded with story’s of people winning… never hearing of the losses..

  Please tell me there are people who have lost more and made a come back????????????

  Thanks for listening

  Not many gamblers admit there losses till they end up here. If everyone was winning the casinos would not be around. I have dug huge holes, dug out, dug holes , dug out what feels like most of my life. I made it for almost 6 months without gambling and life was good, but as usual I got complacent and the addiction told me it’s ok now. I have no intention of gambling but I put up every road block possible just Incase the ugly monster ever shows up again. (He always does but this time I will be ready). I stopped counting losses after 1.5 mil but I am sure it must be close to 2. We lost a lot more than money though. We lost time, health, ourselves, the list goes on and on. You can dig out of the hole and be happy again. You have to make a decision to be happy again. Ban yourself , give your money to someone you trust and go to meetings and or keep coming here. One day at a time and and with each passing day it will get better. (I seem to prove that to myself over and over) Not anymore.

  Hi john

  I estimated that I blew £1.1m since I started gambling but when I worked it out throughly it was about half of that amount….which in a sick way is quite a good result.

  I too constantly hear about all of the winners people have but never a loss. Most I ever did in a single session would of been 6/7k.

  Coming up to 3 months clean and feeling a lot better

  Best of luck with your recovery

  I don’t think that it matters what we have lost gambling. (moneywise) No one ever wins it all back!!! Anyone who has a gambling addiction and tells you this is lying to themselves. I think we lose a lot more than money. We lose our integrity, faith and self respect. You can dig out of your debt. You can consolidate your debts, set up repayment plans with creditors, ect… First you need to ban yourself from casinos, seek support here and maybe GA meetings. One day at a time. Things will get better!

  Hi John, I know it is usually the money that brings us to our rock bottom but the amounts involved aren’t so relevant.

  The “winning stories” are always the loudest, no one talks about their losses. This is true even for non addicts. I was in a card school once. I know I was winning at the time, know my friend was winning too. Everyone else was claiming to be even!! Go figure.

  I can tell you what you want to hear though, I think anyway.

  If you mean have I heard of peole who have lost more and managed to stop and rebuild their lives then yes, many.

  If however by “made a come back” you mean people that have lost and then won it back then no, not if they are compulsive gamblers. This is a progressive problem, continue to gamble and things always get gradually worse.

  The good news though is that there is a lot of help available to you. Here, other online sites, Gamblers Anonymous, Gamcare here in the UK and more.
  Read the other stories here. What thigns have helped others that you can apply to your own situation?

  Regarding the finances, here in the UK you can get great free advice from either the Citizens Advice Bureau or Step Change. Lots of options avaialble these days from bankruptcy through to repayment plans, with a lot in between. They will talk you through those options and even write to your creditors for you.

  Whatever financial solution you choose though won’t make much difference if you carry on gambling. Keep posting and let us know what positive steps you are taking to help you do that.

  but self respect, guilt and trust will always be lost- they are more important.

  Hi John I have to echo charles’ sentiments. Monetary loss is only a small part of the overall damage caused by gambling. No amount lost is impossible to recover from unless you literally committed a crime that will have you in jail for many years.

  I get the sense that you are not confident that you can recover from your financial losses. The key is patience. Stay GF for a year and review and reflect. Besides saving money use this opportunity to rebuild and develop all other aspects of your life. When you look back and go, wow, not gambling has really improved my quality of life, helped you develop X amount of skills/knowledge…then you can truly realize that you are recovering. The financial aspects will naturally look after themselves.

  Hi John, You are doing awesome! It is good that you have taken steps with your debts and money. That is a big step! I know that the hole we dig for ourselves looks big but with patience you will see results! What are you doing for your gambling urges? Besides the support and groups here, there are support groups that you can attend. Sometimes it helps to be with others in your same situation. Even reading self help books can give you insight. Anyways, keep doing what you are doing! Take care.

  Hi there I just joined 10 mins ago because I gave up
  For 8 months with seeing a therapist but he told me I didn’t need him anymore well I’ve lost £8k in about 2 weeks and over the years ive lost hundreds of thousands more than I can add up but even now I would take losses if I thought I wouldn’t gamble again

  Good question my friend and the answer is far too much…..

  However the time we have lost is far much more…………

  I hope this finds you well and wish you all the very best in recovery.

  Maverick

  Time and lose money, unless you accept that’s it you then borrow, beg and steal for money. once you’ve lost that you either get help or you continue which eventually you’ll be alone, with a criminal record or dead. or all 3, that’s reality.

  society, tv, music it all makes you want things which causes jealousy. we are driven by money to replace money that’s why we continue to gamble. we might as well go to the atm on payday withdraw it all and throw it out the window.

  if we use a loan or credit card to gamble we should be punished criminally, it should be illegal. family or friends baililng us out will never make you learn.

  unless you seek help that’s the only way to be gamble free.

  that’s where the problem lies.

  our life choices, although there is temptation we must not give in. we chose to gamble and do wrong, so we must face our consequences.

  try to be positive, the reality is to live, have a car, have a haircut, go shopping and keep fit doesn’t cost that much. when your chasing you need to stop.

  get help before its too late, then continue to talk and continue to get help. i don’t think you ever become cured, it becomes a routine coming gamble free. do what works for you.

  ive done around £150k mostly not my money either(stolen)

How Much Have You Lost Gambling

• This topic has 12 replies, 7 voices, and was last updated 9 months, 4 weeks ago by .

How Much Have You Lost Gambling Money

How Much Have You Lost Gambling Tax

• Submitted by charles on Mon, 01/06/2020 – 12:30
  NEW MEMBERS PLEASE READ
  First of all hello and well done on looking for support. You can stop gambling I promise you.

  Now though look around the forum, there are a lot of new members here. We always get a lot at this time of year – Christmas has just passed and, sometimes, the chit has, or is about to, hit the fan. Presents not bought, family visits to make, expectations and oops, no money. We will get a lot of new members in the next few weeks as well, all those New Year resolutions etc

  The thing is though, the pain dulls, memories fade, we get paid again and the urges will return. That’s when you need to be still using support. That unfortunately is when some of the new members will drift away and return to gambling. Just check around this time last year and you will see what I mean. The way I look at it is – if we need help to stop gambling then we should keep using support to maintain recovery, keep posting here, get to GA meetings or whatever.

  Now look around the forum again, all those new members. If there is only ONE of you still posting and enjoying life this time next year… well just make sure it’s YOU.

  I will set this as a “sticky” for a couple of weeks so that it doesn’t sink too quickly down the forum – when you start a thread then keep posting so that yours doesn’t either.

  Why do I continue to do this
  Permalink Submitted by oneup on Thu, 01/16/2020 – 22:39
  Just blew $2000, I hate gambling. I have one hour in gambling free. What keeps you away from the casino?

  replyComplain about a message
  Lost everything, now broke, scared
  Permalink Submitted by zed who lost wa… on Sun, 02/16/2020 – 11:57
  Hello,

  I did it again. After several months of clean living, I started gambling again in January. In 3 weeks, I lost everything, including $70,000 borrowed cash.

  I’m broke, almost homeless, alone, and scared. I’m 40 years old and I can’t afford to live here in San Diego, because of my losses. I also won’t leave because my only child lives in the area and I want to be there for her.

  I’m 40. My losses over the last 10 years total $250,000 cash, my marriage, career and house. I’m working a temporary job which will cover food, gas, and rent on a little room in a house full of renters, but only if I don’t gamble my pay away again.

  I’m so embarrassed and ashamed. I came from shit, a horrible childhood on the streets. I worked hard, joined the army, put myself through college, bought a house, raised a family, and then lost it all. I’m a ******* idiot. I don’t know what to

  I feel for you. You say you don’t know what to do. What you NEED to do is to stop gambling. If you read the posts on this thread you will see what the steps are – but I think the best thing you can do is to contact Gamblers’ Anonymous. There are 4 meets a week in SD – 1 in Spanish … more details here: http://www.gamblersanonymous.org/ga/locations/state/table/CA/San%20Diego/na/na/na/10?#gmap-nodemap-gmap0

  Local people are more likely to be able to help in your situation. If you have had access to $250,000 then I would assume you have been in a good job in the past and maybe able to pull yourself up there again. I hope so. You will need good support and I hope that GA will help. I wish you well.

  I don’t come on here as often as I do but last night I decided to come to the forum and your story was the first one I noticed from the caption and so I opened it up. After reading it I would think there would be more people here on this forum who would chime in but I suppose this place isn’t like it was before. Anyways, I read your story from top to bottom and it reminded me of mine, and every other compulsive gambler that I’ve met in here, in ga, and in my life. It could bring a tear to my eyes because well, I could have wrote the exact post, Matter of fact, I did. Inevitably we have to lose every cent in our name, we have to lose ourselves, we have to lose our minds, in order to stop gambling. Gambling is an evil disease that unless you’re a compulsive gambler, will never understand. The time we have wasted in casinos, or betting on our phones, the endless times we have missed birthdays, anniversaries, meetings, meals, bathroom breaks, social gatherings, just to gamble. I feel your pain in every sentence and I want you to know you are not alone. I like you, lost everything as well, around 40k of borrowed cash from the bank, over 15k borrowed from parents, and around 100k+ of savings in around 8-10 years of gambling on and off. Lost a business, lost a gf, lost myself, and lost my dignity and self worth. We have to take it one day at a time man, we have to want to quit gambling, as bad as we wanted to gamble. We have to have motivation from within, a purpose to quit. For you, I think your daughter would be your purpose, and also getting your old job position where you can save money again, but I promise you will never get it shall yoy continue to gamble. I would tell you to go to ga and councilling, but I’m not going to sit here and tell you it works, I’ve relapsed so many times after ga ahd counselling . I think until you really want to stop, those things won’t do jack. I am sitting here now 4 months and 8 days gamble free, with a new job, a new outlook on life, and watching my gambling debt go down with every pay I get. You too can do that; if I can right? We are both human. I never thought I would stop. And I can’t promise I’ll stay stopped for life, because gambling is a life long battle. I am sending all of my prayers and strength your way to keep fighting; keep pushing forward, keep thinking how happy you were before gambling, spending time with your family without the stress of placing a bet. Working hard and saving money and buying nice things, experiencing life’s pleasures; without the stress of placing a bet, losing monthly salaries in a matter of hours.. think of this feeling if you get an urge…it’s not worth it. You’re 40.. you have time to rebuild. You know how much can change in 5 years, you can have it all back. More so the money, you can have your life back. I’m rooting for you, I know you have it in you to stop. God bless you

  My pleasure, it is within us to stop. when it seems like life is not worth living, just remember, your life is worth living. You are stronger than gambling, you can achieve great things, you know you can because you have already. Tomorrow willl be one step closer to happiness, and the day after that will be one step closer than the day before. Take it day by day. It will take time, but you will get there, and you will look back at this as a bad memory, that you made it out on top. I will leave you with this quote someone posted here a long while back: it stuck with me.

  It is a tough journey..but it is still a journey and with the right frame of mind it can actually be an enjoyable one. Great stories are not those of smooth rides through life, but great stories are those of people who have overcome difficult challenges. Bit by bit, I am writing a great story.

  write Your story brother.

  never stop believing.

  Hello Zed 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.

  As well as the forums New Members are invited to join Charles in the New Members Practical Advice Group On Mondays at 21:00 (UK) and Thursday at 19:00(UK)

  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 🙂

  Take care

  The Gambling Therapy Team

  PS: Let me just remind you to take a look at our privacy policy and terms and conditions so you know how it all works!

  We’re similar, I’ve spent 250k+ in the last 10 years and still have 40K debt. I’m barely clinging to paying rent, food, etc for the family every month and the debts I have my wife doesn’t even know about. I’m scared to lose them when or if they find out. Reason why I don’t tell them is because there’s nothing they can do to help me, I would just be passing my pain onto them when it’s mine to own. I’d rather they live happy because I know I can fix this if I just STOP GAMBLING.

  All of our problems can be fixed with time if we just stop gambling. It sounds easy to say and I know we’ve all had our stints then go back to it but what I can tell you is that you need GA my friend, you can’t do this on your own. You will just keep thinking about the debt, the life you could’ve had and watching people around you be happy and look like they have no problem in the world.

  GA will give you a fellowship of friends that are all going through the same thing and keep you away from gambling, you can share your thoughts and build new friends and pass through the challenge together.

  3 weeks ago when I first stopped, I wanted to neck myself and end it all. 3 weeks later I’m feeling positive again even though I’ve spent all this money and have all this debt. This is because happiness doesn’t come from money or gambling but how you feel in the present and how you value and respect yourself. If you keep going back to gambling you will never respect or love yourself again and when you can’t even do that with yourself its impossible to do it with your child or anyone.

  We often think about our children, loved ones or family etc after a loss of gambling. This is because the loss humbles us and we want to do better by everyone etc but the moment things get “good” again, we’ll gamble again. It’s an illness, a progressive one that doesn’t stop until it has swamped up everything in your life. However, it all starts with a decision that you control. I suggest picking up old good habits and working on improving your career. I firmly believe GA will help anyone in this crisis. I can’t think of any better support group as counsellors may not even be gamblers … they don’t get it but sitting with people that have been through it all is really good. I used to think GA would be junkies or meth heads but it’s actually very intelligent people who have a real serious problem with gambling. Trust me, things will get better if you just stop. All the money and stuff you’ve lost is gone, accept it. I’ve lost everything too but it’s sure as shit not going to keep me shackled for the rest of my life. We have one life and it’s time we start living it for the sake of ourselves and everyone around us. Good luck.

  Mark wrote: “All of our problems can be fixed with time if we just stop gambling.”

  Well as someone who struggled to stop gambling for over 10 years but now has 10+ years gambling free – I wish I was so certain.

  I only managed to stop when I put as much time and effort into my recovery as I did into my gambling. That not only meant going to GA on a regular basis, but getting counselling and being involved in self-help groups as well.

  Gambling is a form of wearing blinkers. When we gamble we see nothing further than the next bet. We hide away from the past and don’t look out to the future. Once we stop – the reality of where we are hits us and that can be painful.

  It is true that most counsellors are not former gamblers. I am and I know of one or two others, but we are all trained in helping people to look at their lives with honesty and giving them support when that becomes difficult (which it usually does.) Also, counselling and psychiatry are totally different ways of working – so someone who has only seen a psychiatrist has no experience of counselling.

  Mark is right – the important thing is to stop gambling, that is the first step. But then you need to stay stopped. You need to work through why gambling is trying to pull you back into your old life and not allowing you to be free – to live the life you want and deserve. That is where counselling helped me. I now lead a totally different life in which gambling has no place. I want to be able to show it can be done and to give hope to others who are struggling with this behavior.

  Keep posting and letting us know where you are on your journey. People here will support when we can. I wish you well.

  Hi Zed
  I gambled for a decade and with the right help I have been able to stop.
  I am still having counselling which I feel would be helpful for you, especially as you had a difficult childhoods .
  The thing to remember is that you can recover and that relapse isn’t inevitable.

  Perhaps you will make it to some of the chat groups where you will get help with setting barriers which make it difficult to gamble .

  The urges to gamble can be extremely strong but if you ride them they will eventually stop.

  Keep strong and believe that you deserve recovery

  Hi Steev,

  I read your post/comment and am lookig for help. Long story short I have been gambling for only one year. Despite it only being a year I know I’ve been completely consumed by online blackjack and sportsbetting. My wife and family recognize this and I know it too. Recently I sufferred a big loss and broke down to my wife. The problem is that even with that loss I am still in the positive on gambling. Part of me thinks that I am lucky for that and to get out while still ahead as reading some people’s posts show me how fortunate of a position i am in. However another part just won’t let these thoughts about gambling die down. Even though big picture I am up, I can’t help but feel like I’m down after my recent loss and I just want to get it back before stopping. another part of me just wants to go back to the fun/recreational way of gambling which is how it was when i first started. Reading these forums I know that most likely I wont be able to just go the recreational way and that it would be a gateway towards the all consuming gambling that i had been doing and that if that contnued, i can end up in a similarly unfortunate position as many others on this forum. However, its been about three weeks since that loss and i have gambled and i I just can’t seem to kick these thoughts and the feeling that I am down (even though I’m not) or that I will be able to restart and control myself this time. Any advice would be appreciated

  Hi Staystrong. I will reply elsewhere as I don’t want to clutter up someone else’s thread. I can’t see a thread from you – but if you want responses from others it might be as well to start one. 🙂