It began with a £5 online bet. Then this ex-Major gambled away £750,000 - and his fam

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  • slayer14
    SBR Posting Legend
    • 08-12-13
    • 22022

    #1
    It began with a £5 online bet. Then this ex-Major gambled away £750,000 - and his fam
    A terrifying parable of the addictive power of internet gambling: It began with a £5 online bet. Then this ex-Major gambled away £750,000 - and his family


    Four years ago, Justyn Larcombe’s life was little short of perfect. He and his wife, Emma, owned a £450,000 townhouse in the genteel Derbyshire village of Ashbourne, where they lived with their baby son, Matthew.

    After a distinguished career in the Army — he served as a patrol commander in Northern Ireland and a Major during the Kosovo crisis — Justyn had moved into finance, earning a six-figure salary at a boutique insurance broking firm in the City of London.
    He drove a £30,000 Porsche while Emma had a black Mercedes. They holidayed in luxury villas in Italy and Spain, and frequently dined out with friends. ‘It was a happy, family life full of friends and laughter,’ says Justyn.

    Since then, things have unravelled spectacularly. Today, Justyn, 44, lives alone in a rented cottage in Shipbourne, Kent.
    Emma, 39, remains 200 miles away in Ashbourne having moved in with her parents last year, taking Matthew, now five, and his younger brother Oscar, three, with her.
    The Porsche is long gone, sold — along with most of Justyn’s possessions — to service debts of almost £100,000.
    The reason? A crippling addiction to online gambling which cost Justyn both his job and his family, and saw him squander £750,000.
    His is a salutary tale about the alarming way the online gambling industry — worth a staggering £2 billion in the UK — can wreck the lives of those from whom it profits.
    The latest figures, recorded in 2010, put the number of gambling addicts in the UK at 450,000 — up from 300,000 in 2007.
    According to GamCare, a gambling addiction charity, problems with online gambling were the cause of 34 per cent of calls to its helpline last year — second only to betting shops.
    In Justyn’s case, the descent into addiction began with something as simple as a casual £5 bet on a rugby match, made one Saturday afternoon in September 2009.

  • GoBlue23
    SBR MVP
    • 11-04-10
    • 1302

    #2
    Fukk Justyn

    He quit

    12 team parlay to recover all losses
    Comment
    • Ghenghis Kahn
      SBR Posting Legend
      • 01-02-12
      • 19734

      #3
      fyi, more people lose on the stock market...
      Comment
      • Darkside Magick
        SBR Posting Legend
        • 05-28-10
        • 12638

        #4
        Losers never quit..... 1 Max bet on EPL tomorrow and he back in!
        Comment
        • Seto
          SBR Posting Legend
          • 12-16-11
          • 12906

          #5
          Nothing surprising. Guy is a Tottenham fan. Born to be a loser.
          Comment
          • jjgold
            SBR Aristocracy
            • 07-20-05
            • 388179

            #6
            Any big loser can be tracked to a initial first small bet

            false advertising that gambling is bad
            Comment
            • Russian Rocket
              SBR Aristocracy
              • 09-02-12
              • 43910

              #7
              Where is Gus Fring?

              "...He lost £17,000 on a single tennis match, after backing the Belarusian tennis player Victoria Azarenka, then World No.1, against an unknown.
              He stood to make just a few hundred pounds — but Azarenka was injured in the first set and forfeited the match by retiring."
              Comment
              • InTheDrink
                SBR Posting Legend
                • 11-23-09
                • 23983

                #8
                Originally posted by Russian Rocket
                Where is Gus Fring?

                "...He lost £17,000 on a single tennis match, after backing the Belarusian tennis player Victoria Azarenka, then World No.1, against an unknown.
                He stood to make just a few hundred pounds — but Azarenka was injured in the first set and forfeited the match by retiring."


                Rocker sharp as a fukkin Mach 3 blade
                Comment
                • Foxx
                  SBR Hall of Famer
                  • 05-25-11
                  • 5832

                  #9
                  'I'd never gambled before and I thought: "This is quite easy - I could make a bit if pocket money."

                  Really? 40 years old and you never once gambled? Seems believable.
                  Comment
                  • vividjohn45
                    SBR Hall of Famer
                    • 11-21-10
                    • 6331

                    #10
                    Click image for larger version

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                    my first bet was on nfl. i'm safe never bet rugby before. poor guy. proly lost to a lot of backdoor covers. some guy punching the ball through the middle poles in the waning moments.
                    Comment
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