Post
Topic
Board Gambling discussion
Re: Losing all your fortune with just 3 years
by
Dewi Aries
on 12/07/2024, 18:35:12 UTC
I’m not sure if this story was already shared here but I just recently watch this gambler sad story from social media that is really heartbreaking.

The subject is Terrance Watanabe which is a successful businessman who has a huge business and money that becomes addicted on gambling. He lose a total of 127M which is all his fortune that he earn from his business. Imagine all your hardworking was turn out to nothing after a few years of gambling addiction.

The sad part here was he became a victim of casino scheme of alluring user with their offers and allowing him to play while drunk until he loss everything.

He manage to wager a whooping 825M $ in just a single year when he lose that 127M.


Source: https://www.cbsnews.com/news/gambler-lost-127m-in-2007-sues-casino/
It's very sad but to me it seems stupid why he would have to pay so much gambling losses despite owning so much wealth. He couldn't stop himself despite losing so much in the bet that I think he has a mental disorder. Rich gamblers are usually addicted to gambling for pleasure but I don't understand why this rich man got addicted to gambling. But the man is a complete fool, it must be admitted, because such a large amount of wealth has been repeatedly gambled away despite losing the bet.

Even though yes, this is an action that should not be carried out by someone who has a fairly good mindset because he succeeded in making himself rich, but I would say that humans are social creatures, at certain times they can fall into various bad things which Most likely this is caused because their level of consciousness begins to decline so that they are carried away by the current accompanied by emotional encouragement.

Or another possibility is that maybe they gambled at the wrong time, such as gambling when they were experiencing problems in their family or business matters, where it is very possible for them to respond to everything based on their own emotions, and maybe this is what made them experienced quite a large loss that he should not have experienced. On the other hand, yes, I also know that usually rich people only use gambling as a place to have fun to fill their time, but of course nothing is impossible, in the sense that there is always the possibility for them to get caught up and carried away on the wrong path and usually this is caused by a decreased level of awareness in this situation.