Money lost gambling in a lifetime?...how much-?

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  • will2survive
    SBR Hall of Famer
    • 11-26-09
    • 8099

    #1
    Money lost gambling in a lifetime?...how much-?
    Stocks aren't included--I had a penny stock in which I turned $3,000 into $213,000 and didn't sell it--was new to trading(I could've easily made over a million)----the stock froze(it stop actively trading and I was left with 0!---swear to god)(everytime the stock would go up a point,my balance would go up 17,500--it would go back and forth)


    Gambling losses:at least $100,000(and that's being generous)
  • jjgold
    SBR Aristocracy
    • 07-20-05
    • 388179

    #2
    Does anyone really know unless you keep records??

    I say I lost about 300,000 High end
    Comment
    • LostBankroll
      Restricted User
      • 02-10-10
      • 4538

      #3
      Well I just began this past October. So far im down around 3-4 thousand. I usually play $100 plays and shit. I remember starting out with $50 I ran the account to over $1000. Now I deposit $200 and cant even get to $1000. Gambling is the fuking Devil.
      Comment
      • will2survive
        SBR Hall of Famer
        • 11-26-09
        • 8099

        #4
        probably not but you know you're income.I just incorporate it with income and I come up with an estimate
        Comment
        • minet123
          SBR Posting Legend
          • 02-17-07
          • 10280

          #5
          If you count casino.FOREX,Stock market,Harness and Dog track,poker along with Thoroughbreds and sports
          at least 100K
          If you count pitching nickles in grade school
          100,000.95
          Comment
          • will2survive
            SBR Hall of Famer
            • 11-26-09
            • 8099

            #6
            .95
            Comment
            • teaserpleaser
              BARRELED IN @ SBR!
              • 08-14-08
              • 26015

              #7
              lol
              Comment
              • obamaismyuncle
                SBR Posting Legend
                • 12-31-08
                • 17801

                #8
                I can't wait till a few select posters start answering with how many SBR points they have lost
                Comment
                • CashMoney
                  SBR MVP
                  • 01-07-08
                  • 1982

                  #9
                  I'm down about $12K over the last 3 years. I took me that much to realize I have no business wagering on anything but baseball. The light went off last year during the first few weeks of football season when I lost over $2K. Bases only fellas.......
                  Comment
                  • str
                    SBR Posting Legend
                    • 01-12-09
                    • 11820

                    #10
                    Will,
                    You don't have to lose over time when you bet. That's insane!
                    1st thing you must do is WRITE DOWN EVERY PLAY YOU MAKE!
                    Categorize them by sport and by year( season).
                    EVERY PLAY!
                    At the end of the season,review your plays ( NY 110-100,Wash 100-130)etc,etc.
                    Try to learn from your mistakes and realize that all the losses were not bad plays. Also learn from your wins and realize that all of your wins were not good plays. (hope you know what I mean). Identify the stupid plays and avoid them in the future if possible by learning from your previous mistakes. In football,if you can not remember a game that you played at seasons end, you are betting to many games.Because baskets and baseball involves so many games you should write a quick note to remind you of the play.At the end of every season after reviewing, you file the season away and condense the season into the categories they belong in, such as side,total,parlay,middle,if win,teasers,etc. and total it up. Save all the plays in a folder just in case you want to see them again.
                    After a couple of years or so you will identify your strengths and weaknesses .You probably do better in some sports than in others as well as types of plays. Eliminate the weaknesses and follow the strengths.
                    In the meantime,cut your bets in half.Save the 1/2money you are going to lose over the next year or so and put it in a place you will not touch.
                    Learn what the heck you need to do to cut out the losing and when you eliminate the bad areas( probably teasers, parlays, if bets, and most of all favorites),
                    increase your plays to 50% more than you currently play .Also realize that a "no play" is in order sometimes. Just because you go to the track does not mean you have to bet every race.
                    If you have the will to win and not the will to bet, you WILL win in time.But if bets and action are all you want,just cut your bets in 1/2 and do not waste your time on the other stuff because you will have no shot whatsoever to succeed.Your goal should be to win 100K starting today.The amount that is played will set the time frame.
                    Treat this as investing instead of betting and that's what it will become.And you already learned about investing years ago.Work for a profit ,not a killing.
                    Comment
                    • Cuse0323
                      BARRELED IN @ SBR!
                      • 12-09-09
                      • 30169

                      #11
                      Around 15K, all in the past 8 months or so.
                      Comment
                      • Bostongambler
                        BARRELED IN @ SBR!
                        • 02-01-08
                        • 35581

                        #12
                        1.3-1.7 Mil. Made up for it in other ways.
                        Comment
                        • OverUnder
                          SBR MVP
                          • 12-31-09
                          • 3126

                          #13
                          Originally posted by LostBankroll
                          Well I just began this past October. So far im down around 3-4 thousand. I usually play $100 plays and shit. I remember starting out with $50 I ran the account to over $1000. Now I deposit $200 and cant even get to $1000. Gambling is the fuking Devil.
                          you bet 5 dollars on games
                          Comment
                          • will2survive
                            SBR Hall of Famer
                            • 11-26-09
                            • 8099

                            #14
                            thanks str
                            Comment
                            • blueghost
                              SBR MVP
                              • 09-11-09
                              • 1715

                              #15
                              more than i won
                              Comment
                              • Chi_archie
                                SBR Aristocracy
                                • 07-22-08
                                • 63172

                                #16
                                due to my early uninformed days....

                                dozens of dollars
                                Comment
                                • ttwarrior1
                                  BARRELED IN @ SBR!
                                  • 06-23-09
                                  • 28467

                                  #17
                                  1 million and 130 thousand
                                  Comment
                                  • whatsgood5
                                    Restricted User
                                    • 10-13-09
                                    • 15359

                                    #18
                                    Online, I'm up $4250. Deposited $250 at 5dimes way back in the day and lost with in a month, and have made $1500 from Legendz, $1700 from WagerChief and $1000 from BetPhoenix (Should have been more but I'm a ****ing idiot) and $300 from Wagerhub all off of SBR Free-plays/Contests, promotions or things I've heard about through SBR in the Wagerhub case. God I fukking love this site.

                                    Non Online wagering, I really don't know how much I'm down.

                                    I'd say I'm down about $500 from my middle school/high school days betting with my brother using poor bankroll management (like $50 a game with $200 to my name).
                                    Probably lost a few hundred playing poker
                                    I'd guess I've lost somewhere between $400-600 betting horses as well.
                                    Prolly lost another hundred playing dice
                                    Also lost a few jerseys and hats playing my brother in pool for money.


                                    I'd say taking bets from people throughout high school and still now without taking juice I'm probably up a few hundred lifetime.

                                    Another funny story here too, I used to hustle the hell outta my mom for lunch money to bet with. I told her I was getting my lunch out of a machine at school, so she'd give me ten bucks for the week every monday. That money was usually lost by Monday morning from the SNF game
                                    Comment
                                    • LostBankroll
                                      Restricted User
                                      • 02-10-10
                                      • 4538

                                      #19
                                      whatsgood I used to do the same only difference was Mom dukes use to give me 5-10$ daily. So I had money for trees, food and gambling.
                                      Comment
                                      • Rich Boy
                                        SBR Hall of Famer
                                        • 02-01-09
                                        • 9714

                                        #20
                                        Betting offshore I have probably lost around 4k lifetime
                                        Comment
                                        • Rich Boy
                                          SBR Hall of Famer
                                          • 02-01-09
                                          • 9714

                                          #21
                                          Most of that was a few years ago when I was young and dumb
                                          Comment
                                          • tkim8404
                                            SBR Wise Guy
                                            • 01-28-10
                                            • 622

                                            #22
                                            A lot more then I have won but yet I keep betting.
                                            Comment
                                            • flyingillini
                                              SBR Aristocracy
                                              • 12-06-06
                                              • 41219

                                              #23
                                              I would say lifetime, 20k.
                                              המוסד‎
                                              המוסד למודיעין ולתפקידים מיוחדים‎
                                              Comment
                                              • OmgUrMom
                                                Restricted User
                                                • 02-07-10
                                                • 8481

                                                #24
                                                a pretty sad amount
                                                Comment
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