I know this is common sense to the majority of people on this forum but I can't stress how important it is to gamble responsibly.
There was a recent case in Australia where a man lost his entire life savings of $400,000+ in a 48 hour gambling spree.
The gambler lost $12,000 in a single bet and then tried to chase that initial amount but ended up losing his life savings.
I am a seasoned and experienced gambler and my one piece of advice to people is to only bet what you can afford to lose otherwise you are setting yourself up for failure.
The importance of responsible gambling can’t be over emphasized and that’s why the issues of gambling addictions can’t be over preached as that serves as a form of reminder to people to always watch their gambling habits so as not to fall victim of gambling more than they can afford to lose.
I’m sorry for the gambler but I think the idea of wanting to recover losses(chasing after loses ) is the major challenges in gambling and I think there should be some sort of flier on casinos earning people against but I guess they’re in for business and that will at some point be against their business and deprive them from making more money.
Another cause if this reckless gambling is either peer pressure or wrong advice from people and people should learn how to gamble responsibly and not to gamble more than what they can afford to lose and having a gambling budget might go a very long way to help reduce this issues .