Gambling debt is like any other debt, with one big difference. That is, that there is a big temptation to try to get out of debt using the same method that got you in there in the first place, that is, gambling.
Take a person who runs up store card debts buying clothes and furniture. It is obvious that their first step in getting out of debt is to stop doing that. There is no way that buying more clothes and furniture is going to solve their debt problem.
The Gambler’s Dream
But a gambler sees things differently. A person who has lost a lot of money on horses or in casinos is very likely to think that they can get their money back by gambling more. They believe in the big win. They believe they will hit the jackpot.
A small time gambler who buys a couple of lotto tickets every week is the obvious example. Now and then they have a little win, but over time, they are steadily losing money. They know this. But they still believe in the dream.
It is also partly psychological. Gambling on the lottery or in casinos is like pouring money down the drain. But people do not like to feel stupid, or like somebody has made a fool of them, or like they have wasted their money. The only way that they can justify losing all that money is to go on believing that — if they only keep on gambling– sooner or later, they will have the big win that will have made it all worthwhile.
Some people who gamble even do it because they want to buy that dream. “If you’re not in, you can’t win,” as the saying goes, And, without a ticket, you can’t dream your way out of your mundane existence.
We all know in our hearts that none of this really makes any sense. Almost all small time gamblers lose money; almost all big time gamblers are crippled and broken by debt. The only winners are the casinos and the bet takers … and a very small number of instant millionaire jackpot winners who are used by the establishment to keep the dream alive for everybody else.
Sobering Up
So the first thing to do to overcome gambling debts is to give up the dream. Accept that you are not going to profit from gambling. Understand that, even if you did win something next time, you would always lose it in an attempt to win more. As long as you believe that you can profit from gambling, you will never stop.
Read books on the statistics of gambling, if that helps. Analyze casino games to understand that nobody can beat the casino in the long term.
Still not convinced? Do you believe you have the perfect winning system? Well, there’s an easy way to test that theory. You can gamble on the computer (with fake money) to your heart’s content, until you finally understand that winning is impossible.
Ask yourself how many lotto winners are happier after their win. You will find that most of them are miserable – suffering from depression, divorce, drugs or drink, unable to manage their unexpected riches, soon poorer than ever and with their self esteem gone, too.
Then, stop gambling in all forms. This may mean asking to have yourself banned and canceling your accounts. It also means not betting with your friends on the outcome of the sports match on the weekend, and never buying another lottery ticket.
If you can do that, you will be able to get out of debt. You will never do it if you go on gambling. Stop thinking that one more bet will solve all your problems – it will not. There is only one way out of gambling debt, and it is not the way you came in.







I want to start my first blog, what cms do you use and recommend for me ?
This is a topic that is easy to research on the search engines. But you can use WordPress as a content management system very easily.
Put all your content into pages, not posts, and use the My Page Order plugin. Organize your pages into a logical hierarchy system. And the built in Media Library can hold all your graphics. Hope that helps.
I usually don’t commonly post on many Blogs, still I just had to say thank you… keep up the amazing work. Ok regrettably its time to get to school.