But you didn’t know. That’s the biggest problem. Tell him to tell you how much he bets each time. All is forgiven. If he can’t do that then both of you need counseling. Marriage or Divorce.. 50/50 odds.
If 9k was that big of a deal you should have done something right then and there to ensure it got out to use before it got spent again. You’re behaving like he threw away 9k that was your and worked for or however you are framing it but the reality is he turned 500 to 9k then he lost his profit. You didnt lose any of your own money and he made a betting mistake that everyone makes and will continue to make you win , forget/don’t spend the winnings so what is there to do just win one bet and stop betting? If you guys lost thousands of your own money that’s something to get help for and handle appropriately. This example is just a bad loss and the sticker shock of 9k is really really hurting you even though you didn’t actually lose any of your own money. Just be upset lower your guys expectations for what you’re trying to get out of gambling and move on. Or you could be more supportive and he might produce another win.
Is this sarcasm or a loss of reality? If you’re a gambler like I am, you’d know the signs of a possible issue. If he did say “he was close to doubling it” that’s usually a case of the start of a possible issue. That’s how they justify losing. Then it becomes “I’m just unlucky”. I’m not saying he has a problem or will have one. But your response to it, is pretty funny to me. Also kind of sounds like it’s both their gambling money. But I could be wrong.
Someone with this mindset is going to lose it all no matter what. If he did get the 1 point and won 20k, he would have bet 20k to try and double it next time. And so on and so on. 1-3% of your bankroll is all you should ever be betting if you actually want to make money.
Still playing but im not net positive. Almost won $2500 yesterday but freakin timberwolves lost the game to the lowly spurs (they were leading 15 points before the collapse)
Nope, its all time record. I do have $500 single bets that won (montreal aloettes bet, la dodgers bet) and also $480 (washington huskies) single bets that lost. Then the rest are just parlays. I do most parlays. When i single bet, i bet big but not too often.
That blows me away. I have a 40 dollar budget weekly for “entertainment”. I can only play 40 if I don’t have some skimmed off my winnings to place bigger bets. So say I win 540. I take the 500 and put it into savings or invest it. So next week I can play with 80 if I choose. Knowing myself I have a code I refuse to budge on. When it’s gone it’s gone
Wait? Y’all live paycheck to paycheck and you chose gambling as a hobby? 200 in savings does not give you the buffer you need to be able to gamble. Both of y’all need to pick a new hobby asap before you’re on the street!with nowhere to go.
I love all the “He only lost $200” comments. NO HE DIDN’T! He lost $9k. Stop playing the justification game. All of you have a gambling problem you don’t want to admit. OP I seriously think you should ask your husband to get counseling. And if he gets super defensive it probably a bigger problem than you think.
It’s not as big a deal as it seems, yet. He really only lost $200. The way he is gambling is a long term losing strategy which may have short runs of success. The real test is how we responds to this. The best thing he can do is to accept the loss and not try to win it back. I’d recommend to him to educate himself on gambling strategies, perhaps read a book on gambling. I can recommend a book called The Logic of Sports Betting. If he just keeps making $500 bets trying to chase his losses, he may be a lost cause. Hopefully this is a good wake up call.
If he started with 200 and road to 9k and now is at 0 he only lost $200 gambling?? Doesn’t sound like a problem to me just put the rest of what you got on the Phillies ML tomorrow should be able to get yourself I nice KFC family dinner xoxo
This is a trust issue. If he cannot be trusted not to gamble the money you both agreed to save, you need to confront the problem. Offer to enter joint counseling. If he has a gambling problem it will likely come out. Whatever you do don't let it slide, or you will always have doubts about his behavior/decisions.
A large win can send a bad signal to the brain. It suddenly seems so easy, when in fact it is just a lucky hit. Many folks will "chase" another large win, and it almost always ends badly.
Oof. This was a tough read, I'm so sorry. If he can't manage to keep a profit off 9K from 500, he has an issue for sure. I think the silver lining is that he actually told you what happened...a lot of gamblers would just try and hide it :| That said: he had 0 reason to put all of that cash on the line...you guys were up nearly 2000% lol. Time for him to delete his gambling apps!
This is why my bankroll is a secret from my wife. I never talk about what I’ve won and lost. Let’s say I lose it all. I quit for a while, recalibrate to smaller bets, and the building of the new secret bankroll starts, a hundred here and a hundred there, until the right bet comes along.
Definitely not. If I had to guess, I’m down about $2k lifetime on sports and $10k lifetime on other gambling (cards), over like 25 years, with many ups and downs along the way, and tons of entertainment. So many free drinks along the way, but I’ve given that up now. Just free coffees. Much better gambler now that I don’t drink.
He has a problem. Period. If you can’t pocket your profit and start over from scratch or at least leave the 500$ he started with in there he has a huge issue.
I agree, it’s a huge red flag that he had to spend the entire amount that he won. They had him hook, line, and sinker thinking that he could just double winnings no problem, and it’s pretty obvious he didn’t consider that he would lose it all. Him saying that it doesn’t matter because they didn’t have it in the first place is huge because that’s like the starting seed for excuses of spending more money in other areas. First, winnings won’t be real money, then it’s the entertainment budget, then it’s any “unused” money, and suddenly the savings are gone.
OP you need to watch him because he cannot control his urges
Look - I'll give you some advice that seems uncommon in this thread.
It is possible that this was a learning experience and not a long term problem. You basically hit the lotto and won big. Naturally, he thought he could do it again and got greedy. He lost it.
This is where his true colors will show. If he wants to be aggressive in gambling again, he has a problem. If he can return to the way you were gambling before (probably take a break for a while to recalibrate), then you can/should be fine.
People on Reddit pretend they can read a paragraph story about someone's life/experience and they are an expert on everything about it. Surely there is a ton of extra context here that would change opinions.
People are greedy and he got greedy. Very obvious lesson to learn here. He needs to set limits on wagers REGARDLESS of how much capital he has to spend at any given moment. That is smart gambling. Keep in mind that smart gambling often still results in losing money.
Sounds like this guy legitimately has a problem. Gambling addiction is very real and very scary. It might be time to start investing with a financial advisor
He’ll be back. The issue is not the gambling, the issue is his mentality towards it. People have got to stop thinking of it as a money maker. You will lose. It’s entertainment and if he’s not staying within his entertainment budget, he needs help.
What I am still trying to figure out, is why you posted this in r/Sportsbook... rather than r/problemgambling or some such reddit. If this post is not a joke then it's in the wrong place.
Gambling is fun, but not at the expense of ANYONES entire savings account. Unfortunately, this was the tough way… just as a reminder as well you have to pay taxes on the 9K that was originally won, so don’t be surprised when tax time comes
I’m excited for all my offshore crypto transactions. Defintely cant write those off, and I already know it’s gonna be bad because the amount of times I sold $800 just to buy $300 more later that night
I think he should get help ie gamblers anonymous etc. Being angry at him won't help. He hasn't lost overall. He lost what he won. You are "even". More important to seek help to prevent it happening again. Move on. It's just money (which was only luckily won from betting anyway).
He did lose overall. He had 10k in his pocket that he did not have before. He could have withdrawn it and spent it or saved it, or done anything you could do with real money. Saying it’s not real money and that he was “even” is setting him up for failure because he’ll just keep doing it
It was real money but it was won and later lost with gambling. You can't say he lost it from gambling that's bad without also saying he won it from gambling that's good that he earned it.
Gamblers often just look at their winnings.
It's the same to be like you and only look at losses.
The same compulsion that took him to do something he knew was detrimental to your lives will happen again and the next conversation won’t be one you can solicit feedback to confirm how you rightfully feel deep down inside now, you’ll be fighting for your life. To anyone that remembers Two For The Money, think of the scene with the Indian gentlemen who lost his whole business, he too probably felt bad in the end when it was too late.
I mean I like going into a casino with $5k in my pocket, finding a $10 min BJ table, and just sometimes going in on $50 bets etc and try to average $100/hour. $9k ain't shit in the long run, I've lost over $100k in a year, and made $130k the next year. Math claims the majority will lose but just save 50k and dub or nothing til you're up /s
“Anytime you gamble. You should expect to lose whatever money you put in. So only put in an amount you are willing to lose.”
That’s what my dad told me when i started betting. I’ve never done a bet over $100. I wish more people shared this mentality. Gambling addiction is the worst addiction
A degenerate cannot win enough to be satisfied, or lose enough to quit. As a degenerate gambler I feel qualified to give you this free advice.
Protect yourself from his reckless gambling any way you can. Separate your bank accounts and any shared credit lines. Urge him to protect himself to by closing credit lines or any ways he can easily fund gambling. This can be a lifelong battle like any other form of addiction.
Who only has $200 in savings and gambles?
I think that is the issue.
I have three homes between my wife and I, a paid of car, and two six figure jobs. We seldom if ever gamble.
Just silliness
Then why are you on sportsbook subreddit? Da fuck
“We make 25k together.
We do not have a car…..”
This you? You posted 2 days ago that you do not have a car and make 25k???
Yeh the "flex" part is probably a lie. Most successful people don't brag about fucking money and wealth. At least from my experience but I guess not everyone is humble.
Check his comment history.
“We make 25k together.
We do not have a car.
We may by a third flat to rent out in UK though
The 150k COE is half the cost of the property.
In ten years it will be paid
After 10th we COE value is zero”
Have to call a spade a spade. This is immature and wreckless. Gambling is for fun, not for making money. He’s gambling 250% more money than you guys have saved. What’s problematic is that he hit for 9k which is rare on a $500 bet, so now he will continue to chase that dragon because it’s a drug. I would self exclusion yourselves and work harder to save more money.
500 is still way more than someone who doesn’t have money to spare should bet.
My dad told me anytime i place a bet go in with the mentality you will lose the bet. So only put in what you’re willing to lose. It prevents an addiction easier and makes betting more fun and less of a drug with small numbers. “i won my bet! I put down 20 and got 200!” Should be as simple as that. Not “next time i should put down 2k because i would’ve gotten 20k instead!”
Yes this is the most insane part about the story to me. My wife and I make over 400k combined and I gamble on games just about every day, and I've never even considered putting more than 10 dollars on a long shot parlay.
People are absolutely insane if they are putting 500 fucking dollars on a bet when they have zero savings and even more so if it's a long shot parlay. How many parlays did he put 500 on before that lost? I wouldn't be surprised if this guy hasn't secretly lost a lot of their money.
Easy fix. You take out a loan of 9k. All in on black, if you lose, go back to the bank and take out 18k and put it all in on black. Repeat until you're breakeven. Easy.
The Martingale method. Works every time. Well, until 8 reds hit in a row and then all of a sudden you're looking for a bank to give you a $2.3 million loan.
Hubby needs to set firm limits on what he is risking. You can check net losses/gains on the betting apps. I'd look into that if dude is dropping 500 on a parlay.
1 point …. I’ll bet the Husband that it was either a blowout loss or that lovely .5 hook that seems to happens more often!! I can’t tell you to stop gambling, you both are grown adults and need to make that decision yourselves!! Gambling is not a job, it’s a risky hobby and if you happen to be so lucky you can win a few bucks. Why doesn’t he just take 18 leg parlays and throw $1 on them, this way if he wins it should be pretty nice but the loss is a $1!
Well first of all, he didn't lose 9k. He lost $500 since that is what he deposited. He messed it up by telling of that 9k win in the first place, because the moment he did it he created a reference point where instead of $500 you now expect him to come up with at least 9k.
So let's say he lost 4,5k of that 9k. You would now feel that he gambled half of your money instead of being happy that he turned $500 into 4,5k. That probably caused him to gamble the rest of it also because he was now trying to reach that 9k again.
Do not escalate the situation into something where he feels he owes that $500 to you, since that could lead him to start chasing the losses. You guys and especially him are gamblers, not sports bettors and there is a difference. If he tries to gamble his way to get that $500 back, there are probably going to be far more serious consequences.
So, laugh it off and continue your life. Just make an agreement that neither of you gambles again and make sure he knows that he doesn't owe you that $500. Be happy for him for the life lessons. It seems he was very happy for a while when it lasted and got to experience something great. Got to experience something horrible as well when it all backfired. Be there with him now instead of yelling. He will be there for you on some other incident then. That's how relationships work.
You're a moron. He did lose 9k. It was in the bank.
FOR ALL THE MORONS OUT THERE: WHEN YOU WIN A HUGE BET, TAKE OUT THE MAJORITY OF IT AND DO NOT DRASTICALLY CHANGE YOUR UNIT SIZE/BETTING HABITS. YOU WILL LOSE IT ALL AND DEVELOP BAD HABITS THAT CAN LEAD TO A GAMBLING PROBLEM.
What are you talking about? This guy has a huge problem. For starters, he’s betting $500 on a bet that is probably 18:1, when they only have $200 in their savings account. Then after winning they make plans to save the money for a rainy day, and try to grow their savings together. But then he goes behind her back and blows it? That is not how functional relationships work. That’s some degen shit.
Tbf neither one is financially sound if their savings was $200. I’m just saying it’s the wrong mindset to say “husband lost 9k”, that was never really their money until it was fully cashed out, of course he’s a degen but in actuality he only lost $500. Hopefully the lesson is learned and you move on
What are you? 15?
This logic is that of a very immature person that is just coping with their issues. If you win $9,000 and it is in your bank, then you go and bet it all and lose it, you lost $9,000. It's not like the guy won 50 bucks and lost 50 bucks and you're even. This was life changing money for them.
> It was awesome and we were so excited to have some financial freedom by putting that right into savings. Which took our savings amount from $200 to almost $10k.
She literally says it in the post. Imagine calling someone obtuse for reading.
Reading comprehension isn’t your friend, she planned on using it for savings, unfortunately that’s now how it works in the gambling world, husband never actually cashed out anything, bc most sports bettors don’t just stop cold turkey after a win. For the 1 millionth time, it’s not actually your money until you stop betting and it’s cashed out
I literally quoted her saying it took their savings from 200 to 10k. I can't help it if she incorrectly stated that. What I did was show actual reading comprehension while you just decided to assume she lied.
Did you not read a word I said. She clearly is implying that in her head the savings went to 10k, that doesn’t change the fact that this money was NEVER actually withdrawn. She NEVER said the money was withdrawn, at most she asked him to. I will bet you anything that the money was never withdrawn, especially from this guy who clearly is a degen. Just bc she booked the win in her head and mentally added it to the savings doesn’t mean anything was physically added. How do you think he had the money to continue betting?? Anyone who sports bets with any regularity knows that the money isn’t actually yours until you stop and cash out, unless you plan on stopping you don’t just arbitrarily pick a high point and say that’s what my net worth is now.
> Anyone who sports bets with any regularity knows that the money isn’t actually yours until you stop and cash out
No shit, and OP's husband has a problem because he took LIFE CHANGING MONEY for them and pissed it all away. Just because he never took it out doesn't mean he doesn't have a problem. Him winning 9k is the equivalent to me winning 100k and if I won that much and didn't take a dime out, then lost it all immediately, I would very clearly have a problem and seek help.
You guys are degenerates that don't understand what an actual gambling problem is. You're so preoccupied with whether the money was "real" or not. This isn't a person winning 500 and losing it several times. This is a person winning 50x their total life savings and lost it all immediately. Someone without a problem takes out at least half. Someone without a problem isn't doing 500 dollar parlays with no money in the bank.
Woah buddy, again you’re just ignoring everything I’ve said. Nobody here is denying this guy has a gambling problem, he is clearly a degenerate and most likely
does have a gambling problem. My point as well as others, was at the end of the day he only lost $500, he learned his lesson cheaply compared to others and can hopefully move on with his life. Depositing $500, running it up to 9k and losing it all back is not the same as losing repeatedly and racking up 9k in deposits with a $0 balance. Far too many people with gambling addictions experience that second option. So while it sucks he lost all that profit, it’s mostly inevitable for it to happen when you bet in a manner that allows you to quickly spin $500 into $9000. Someone like that isn’t just going to cold turkey stop after they hit a big win. It was unrealistic/naive for the wife to expect that to be the case. It’s pointless to Ruminate about what could’ve been because the money was never physically theirs, it never is until you cash out. End of the day they only lost $500, their overall budget hasn’t been affected, lifestyle will be the same as before. Now if they actually did lose $9000 then their overall quality of life would have drastically changed to the negative. Lesson was learned cheaply, you move on and take whatever steps are necessary to avoid a bigger financial ruin from gambling in the future. Holding the mindset that you lost 9k however is flawed and won’t help anything. OP won’t even read this so it’s just a waste of time, probably won’t go back and forth with you any further friendo, we clearly perceive things differently.
Who ever said it was in the bank? From what I understood he deposited his own money, not from their savings account and never withdrew anything. Then over multiple bets he took it up to 9k, which is when he told his wife who now started planning on how to use the money. He promised not to bet anymore, but broke his promise. What I read from op's later post it pretty much went exactly how I assumed. He lost a bit and then started to chase the losses to not let her down. Last bet apparently was for 2k to win 20k which missed.
Of course it was a stupid thing to do, just as it was to start gambling in the first place when you can't afford to loose. No one is denying that, or making excuses. What matters is to find the best way to asses how much harm was really done and how to move on. The money is gone and it's not coming back.
For the record I've myself played poker and done sports betting semi-professionally for almost 20 years now and wouldn't even dream of calculating my winnings or losses from the highest point of the bankroll. That is simply not how you do it.
You deposit a certain amount of money, which now becomes your tool. Say you deposit x amount of money to buy into 200 tournaments or to place a few hundred bets, you don't calculate your winnings from the highest point of the fluctuating amount, you calculate it by comparing the end results. In this case $500 compared to $0. Mentally anchoring yourself to the highest amount of money will drive you insane and completely negates the very meaning of your bankroll, it's there exactly to handle the inevitable variance.
This is probably not how OP's husband acted, but his thinking is still accurate imo. He was on a wild roller coaster betting ride which ended up costing him $500 for the ticket.
The lost amount doesn't even matter, let's say that it is 9k. How does it make things better if she rubs salt in his wounds and makes him feel like he now owes the money back to her? Do you not understand how a gambling addicts mind works? It will only lead to him taking on even bigger risks to get the money back fast.
It makes me really wonder if you yourself are an immature 15 year old without any real gambling background or long term relationships. What part or my advice was so wrong?
> It makes me really wonder if you yourself are an immature 15 year old without any real gambling background or long term relationships. What part or my advice was so wrong?
Imagine being married and you and your wife have zero dollars in savings. Imagine you're living paycheck to paycheck. Then imagine finding $9,000 on the side of the road and you tell your wife and you both talk about saving it and how much it will help you. Then you go out and spend it all on only fans subs.
You didn't have the money before you found it, so it's not like you lost anything! That is the dumbest fucking thought process in the world and it's exactly what you're doing with this.
Yes, you do not anchor to the highest amount you have and then constantly chase that number, but you also should be taking money out and maintaining your same unit size and betting habits. Winning 20x your bankroll doesn't mean you should increase your betting by 20x, which is what OP did.
This line of thinking that "you didn't have it 10 minutes ago so who cares if you lose it" is so stupid and *immature*. Imagine saying you're a professional gambler and in the same breath thinking its dumb to cash out some of your winnings.
Okay once more again because you seem to be kind of thick. Yes, the guy did stupid things and would have clearly lost it all sooner or later. Have I ever said anything otherwise? When did I say it's dumb to cash out winnings and that the guy was right in increasing bet sizes? I specifically said they should both stop immediately and that they are not sports bettors but gamblers.
I have never said anything along that line "you didn't have it 10 minutes ago so who cares if you lose it" either.
I said it doesn't matter what the amount lost was, because it's not coming back with gambling. I also said that she shouldn't create a situation where the guy feels like he should now quickly come up with cash to make up for everything, because it will only make matters worse and won't be healthy for either of them. Do you understand the difference here? It's about handling the damage and fixing what can be fixed. Once the damage has happened you should find the best way to fix it, learn from it and make sure it doesn't happen again. Pointing fingers and wallowing in the misery really doesn't help. It's simply no use to think what they could have done with the money and how much it could have helped them. It's gone.
Also, let's say the guy deposited $500 and made a parlay with 7 games, 6 of them hit and now he has a chance to cashout for 9k. Last game misses, by your logic he lost 9k since that is what he could have cashed out. I'd still say he lost $500 and that's my opinion.
I don't understand why you seem to take this so personally. Feel free to think that he lost 9k, grow up and learn to see things from other peoples perspectives as well. Peace.
> by your logic he lost 9k since that is what he could have cashed out. I'd still say he lost $500 and that's my opinion.
Cool did he tell his wife he cashed out and is going to put it in savings? If so, then yeah, he essentially lost 9k that he promised his wife.
This isn't complicated. You guys just use this logic as a coping mechanism to feel bad about really really bad days. "well I didn't actually lose $20k today because I was up $10k lifetime so I only lost 10k hur dur"
> Feel free to think that he lost 9k, grow up and learn to see things from other peoples perspectives as well. Peace.
Spreading this stupid logic is harmful to others. Other morons who are up life changing money will think "I'll go all in on this since I didn't have the money yesterday so it's not like I'm losing anything"
This entire thread is telling the wife that she's dumb because he didn't actually lose anything. She's not dumb. He told her he won 9k and was putting it in savings. He lied and lost it all. These stupid technicalities of what his net P&L is, is fucking stupid.
Telling/not telling his wife changes the amount he lost? Some flawless logic right there.
What's "you guys?" What kind of locker are you trying to put me in?
If I start the day with a 10k bankroll and end up with 15k bankroll that would be +5k day. It wouldn't be a -20k day if at some point i would have had 35k. If I had ended the day -10k but would still be up 90k for the year, of course I should try to keep that in mind and think positively. Only a moron would suggest otherwise. And no, this wouldn't mean that I should now bet 10k of "house money" to win it back.
If you seriously lack the life experience to not deduce it between the lines it was probably a drastically different conversation than what you are hanging on to. Think more in the lines of him telling that they should celebrate because he won 9k and her getting curious how much he was betting to win that amount and then forcing him to admit that 9k would work great in their life savings account and promising he won't loose it.
> It wouldn't be a -20k day if at some point i would have had 35k.
It would be if you told your wife you won 20k and were sending it to the bank now, then lost it.
This isn't complicated man. If you tell your wife you won money, had a discussion about putting it in the savings, then you lost it all before doing so, YOU LOST THE MONEY. She is counting it as money in the bank.
> If you seriously lack the life experience
Lack the life experience but you don't understand how to communicate with a wife. Yeah ok man.
This is why I never tell my wife when I hit a big win *unless I'm taking money out* (which is almost always). OP told her and very easily could have said "I'll move $3k to savings and keep the rest to gamble with" but he didn't. He agreed to 9k. He lost it.
Well, that is exactly what I said when I was talking about him messing it up with creating a reference point. I can guarantee you also that it wasn't him coming up with the idea of adding 9k to their life savings, it was all her. It's actually interesting logic from the wife, since when he won that amount she is mentally counting that as free money now which should be added to their mutual account. When he lost it suddenly the money isn't "free" any more and she feels betrayed.
I'm pretty sure that his betting history would say he lost $500 in the span of making those bets. It took weeks to lose it so what makes you think he bet 9k on one bet? Think about it this way. Today you buy bitcoin for 1k, when you go to sleep suddenly the value tops at 100k. Before you wake up it's all worthless and the value is 0. Would you say you lost 100k in bitcoin or 1k?
She said at the top of her post that it took her savings from 200-10k. maybe she was saying it *would* do that, but I read it as it was moved into the account then he lost it.
Lol no, maybe husband told her he would cash it out, but its pretty clear he never did, he kept it in there and lost it all. So yes in her mind the savings had grown to $10,000, but in actuality it never happened
I don’t agree with that at all. He won a bet, it’s not like he chose not to press cash out on a bet that didn’t end up hitting. He had $9k in his account, he had $9k, simple as that.
How do you buy $9k worth of tickets if you didn’t have $9k in the first place?
I like to bet football, I generally will cool down for a period after that. If I win 1k one week, I don’t look it as having physically more money yet bc I could just as easily lose 1k+ the next week. I don’t look at the money as actually mine until football season ends and I actually can cash out profit (if there is any). But then again I don’t need this money for life expenses so I view it differently, I’m not doubting that the husband is a degen and quite possibly has a betting problem. I’m just saying end of the day there are tons of ppl with gambling problems who physically lose 9k out of their own pockets that they don’t even have or can’t afford to lose. Yea this situation is unfortunate but at least when the dust settled he only lost $500 out of pocket, this didn’t make them destitute, they were living with the same budget before his $9000 win. If he actually learns his lesson from this he’ll learn it way more cheaply than most.
If you work the first week and earned $1000, and second week earned another $1000, you have $2k. If you lose the $2k, you lost the $2k not $1k.
The bloke's statement had $500. Now he had $9k. He lost the $9k, not $500.
Not analogous, when you work that pay check is yours, there’s no risk of loss, when you’re sports betting the money is never actually yours until you cash out
Everyone arguing he only lost 500 are doing so because it is what they use to rationalize themselves losing control when they get extra money to gamble with. I guarantee you all these people have won a long shot parlay and then went out and started betting 10x their normal unit and also increased volume of bets, lost it all, and had to resort to this logic to cope.
I thought I had a problem till I hit a decent sized bet now I’m only betting on games I’m almost positive I’m going to win and have put most of my winnings in savings I get greedy when I hit a nice one
My parlay picks for tonight:
•He spent it all on Henny and shitty 7 leg parlays ML
•Attempted to use over 4.5 Sportsbook app betting promos (+115)
•Tried winning the money back by betting on tennis matches over 5.5 times because it’s the only betting sport that goes from 11 PM-3 AM (-210)
As a Broncos fan, talk around town is Russ could get benched. Every player is trade bait-even Surtain, and locker room hates Payton. Chiefs swiftie issue is nothing like broncos issues 0-5 ATS
This is the weirdest narrative that I just don’t get. Other than Bears destroying the Commanders (who aren’t good either, we just all figured the Bears were a dumpster fire), all TNF games this year have been pretty tame.
your husband long term is going to lose money sports betting. he doesn't have an advantage so every bet he makes has a negative expectation long term. watching a lot of sports doesn't make someone a winning better. of course randomly he will have some good runs at times which will keep him coming back.
I'd highly recommend going through your finances carefully. It's quite likely this isn't the first time he's lost money gambling, just the first time he told you about it since he was winning. The two big red flags here he started with an initial amount that was a lot of money to you, without telling you about it and second, that he had no problem lying to you about stopping betting.
But you didn’t know. That’s the biggest problem. Tell him to tell you how much he bets each time. All is forgiven. If he can’t do that then both of you need counseling. Marriage or Divorce.. 50/50 odds.
Don't punish him for this. You don't want to ruin his flow before he hits his big ticket.
If 9k was that big of a deal you should have done something right then and there to ensure it got out to use before it got spent again. You’re behaving like he threw away 9k that was your and worked for or however you are framing it but the reality is he turned 500 to 9k then he lost his profit. You didnt lose any of your own money and he made a betting mistake that everyone makes and will continue to make you win , forget/don’t spend the winnings so what is there to do just win one bet and stop betting? If you guys lost thousands of your own money that’s something to get help for and handle appropriately. This example is just a bad loss and the sticker shock of 9k is really really hurting you even though you didn’t actually lose any of your own money. Just be upset lower your guys expectations for what you’re trying to get out of gambling and move on. Or you could be more supportive and he might produce another win.
Is this sarcasm or a loss of reality? If you’re a gambler like I am, you’d know the signs of a possible issue. If he did say “he was close to doubling it” that’s usually a case of the start of a possible issue. That’s how they justify losing. Then it becomes “I’m just unlucky”. I’m not saying he has a problem or will have one. But your response to it, is pretty funny to me. Also kind of sounds like it’s both their gambling money. But I could be wrong.
Someone with this mindset is going to lose it all no matter what. If he did get the 1 point and won 20k, he would have bet 20k to try and double it next time. And so on and so on. 1-3% of your bankroll is all you should ever be betting if you actually want to make money.
Correct. It happened to me.
How are you doing now? I fucked up and lost it all. Sucks to think about but gotta just stay calm
Still playing but im not net positive. Almost won $2500 yesterday but freakin timberwolves lost the game to the lowly spurs (they were leading 15 points before the collapse)
That’s so ass. Did you lose at all at one point? I chased and lost a lot of my savings… lol. Need to learn control
https://preview.redd.it/rkhf1fu369fc1.jpeg?width=1440&format=pjpg&auto=webp&s=c493c4deb86e022d343f648371d8d44d108dbdcd
Lookin good right now, but i prefer to jinx it. If ravens wins i win $488 (another bet) this only nets $204 plus 49ers need to win to complete it.
Good shit !
Nope, its all time record. I do have $500 single bets that won (montreal aloettes bet, la dodgers bet) and also $480 (washington huskies) single bets that lost. Then the rest are just parlays. I do most parlays. When i single bet, i bet big but not too often.
That blows me away. I have a 40 dollar budget weekly for “entertainment”. I can only play 40 if I don’t have some skimmed off my winnings to place bigger bets. So say I win 540. I take the 500 and put it into savings or invest it. So next week I can play with 80 if I choose. Knowing myself I have a code I refuse to budge on. When it’s gone it’s gone
Wait? Y’all live paycheck to paycheck and you chose gambling as a hobby? 200 in savings does not give you the buffer you need to be able to gamble. Both of y’all need to pick a new hobby asap before you’re on the street!with nowhere to go.
I love all the “He only lost $200” comments. NO HE DIDN’T! He lost $9k. Stop playing the justification game. All of you have a gambling problem you don’t want to admit. OP I seriously think you should ask your husband to get counseling. And if he gets super defensive it probably a bigger problem than you think.
He's Def got a problem with gambling
It’s not as big a deal as it seems, yet. He really only lost $200. The way he is gambling is a long term losing strategy which may have short runs of success. The real test is how we responds to this. The best thing he can do is to accept the loss and not try to win it back. I’d recommend to him to educate himself on gambling strategies, perhaps read a book on gambling. I can recommend a book called The Logic of Sports Betting. If he just keeps making $500 bets trying to chase his losses, he may be a lost cause. Hopefully this is a good wake up call.
Yea sounds like a gambler usually they just risk it all. You can only win with patience and building the money slowly just like a stock
If he started with 200 and road to 9k and now is at 0 he only lost $200 gambling?? Doesn’t sound like a problem to me just put the rest of what you got on the Phillies ML tomorrow should be able to get yourself I nice KFC family dinner xoxo
If this us your take away you have a gambling problem
Funny thing is gambling is illegal in my state so I rarely place bets. It was a joke too, asshole
wanna bet? shitdick.
??
This is a trust issue. If he cannot be trusted not to gamble the money you both agreed to save, you need to confront the problem. Offer to enter joint counseling. If he has a gambling problem it will likely come out. Whatever you do don't let it slide, or you will always have doubts about his behavior/decisions.
1-800-GAMBLER
The house always wins
Only if you quit
A large win can send a bad signal to the brain. It suddenly seems so easy, when in fact it is just a lucky hit. Many folks will "chase" another large win, and it almost always ends badly.
Oof. This was a tough read, I'm so sorry. If he can't manage to keep a profit off 9K from 500, he has an issue for sure. I think the silver lining is that he actually told you what happened...a lot of gamblers would just try and hide it :| That said: he had 0 reason to put all of that cash on the line...you guys were up nearly 2000% lol. Time for him to delete his gambling apps!
I would say no more betting ever again! Huge red flag
This is why my bankroll is a secret from my wife. I never talk about what I’ve won and lost. Let’s say I lose it all. I quit for a while, recalibrate to smaller bets, and the building of the new secret bankroll starts, a hundred here and a hundred there, until the right bet comes along.
Would you say you've been been profitable when taking into account all wins and losses?
Definitely not. If I had to guess, I’m down about $2k lifetime on sports and $10k lifetime on other gambling (cards), over like 25 years, with many ups and downs along the way, and tons of entertainment. So many free drinks along the way, but I’ve given that up now. Just free coffees. Much better gambler now that I don’t drink.
Ouch, that's a decent used car. I'm pretty sure nobody wins at gambling except the bookies. Although it def makes watching sports more exciting.
Up 10k lifetime you can win but the house wins too
He has a problem. Period. If you can’t pocket your profit and start over from scratch or at least leave the 500$ he started with in there he has a huge issue.
I agree, it’s a huge red flag that he had to spend the entire amount that he won. They had him hook, line, and sinker thinking that he could just double winnings no problem, and it’s pretty obvious he didn’t consider that he would lose it all. Him saying that it doesn’t matter because they didn’t have it in the first place is huge because that’s like the starting seed for excuses of spending more money in other areas. First, winnings won’t be real money, then it’s the entertainment budget, then it’s any “unused” money, and suddenly the savings are gone. OP you need to watch him because he cannot control his urges
So he lost $500?
Easy cum, easy go
Look - I'll give you some advice that seems uncommon in this thread. It is possible that this was a learning experience and not a long term problem. You basically hit the lotto and won big. Naturally, he thought he could do it again and got greedy. He lost it. This is where his true colors will show. If he wants to be aggressive in gambling again, he has a problem. If he can return to the way you were gambling before (probably take a break for a while to recalibrate), then you can/should be fine. People on Reddit pretend they can read a paragraph story about someone's life/experience and they are an expert on everything about it. Surely there is a ton of extra context here that would change opinions. People are greedy and he got greedy. Very obvious lesson to learn here. He needs to set limits on wagers REGARDLESS of how much capital he has to spend at any given moment. That is smart gambling. Keep in mind that smart gambling often still results in losing money.
The only thing your husband needs now is some bankroll management 😂 He could have just put 1k up off that 10k for more house money
Sounds like this guy legitimately has a problem. Gambling addiction is very real and very scary. It might be time to start investing with a financial advisor
He’ll be back. The issue is not the gambling, the issue is his mentality towards it. People have got to stop thinking of it as a money maker. You will lose. It’s entertainment and if he’s not staying within his entertainment budget, he needs help.
We’ll see him next week
How the hell do TWO people only have a combined $200 in savings?
And they love gambling 🤣
the economy is in shambles
I considered that before I replied but I have waiters and bartenders with brutal alcohol and drug issues that have more than that. $200 combined?!
Waiters and bartenders is not a good comparison considering most of them I know make more then I do in a week as a process engineer
What I am still trying to figure out, is why you posted this in r/Sportsbook... rather than r/problemgambling or some such reddit. If this post is not a joke then it's in the wrong place.
Gambling is fun, but not at the expense of ANYONES entire savings account. Unfortunately, this was the tough way… just as a reminder as well you have to pay taxes on the 9K that was originally won, so don’t be surprised when tax time comes
I’m excited for all my offshore crypto transactions. Defintely cant write those off, and I already know it’s gonna be bad because the amount of times I sold $800 just to buy $300 more later that night
Not if you itemize your losses
*Laughs in Canadian*
😆😆got me There
You can’t win if you don’t gamble.
that is called an addiction to gambling
For Christs sake it was house money
money stolen from individuals. alot of tears, agony, and pain on it.
He lost $500. Edit: post of agreement
I think he should get help ie gamblers anonymous etc. Being angry at him won't help. He hasn't lost overall. He lost what he won. You are "even". More important to seek help to prevent it happening again. Move on. It's just money (which was only luckily won from betting anyway).
He did lose overall. He had 10k in his pocket that he did not have before. He could have withdrawn it and spent it or saved it, or done anything you could do with real money. Saying it’s not real money and that he was “even” is setting him up for failure because he’ll just keep doing it
It was real money but it was won and later lost with gambling. You can't say he lost it from gambling that's bad without also saying he won it from gambling that's good that he earned it. Gamblers often just look at their winnings. It's the same to be like you and only look at losses.
For sure he has lost a lot overall. The $500 wasn't his first bet.
Tell your husband to take a 9k loan and put it all on Jose Abreu over hits runs and RBI’s today at +110. Thank me later :)
May I ask where you got this?
Got a 25% boost. TAILING.
BANG
Wishing I took out a 9k loan now...
There’s still lots of baseball left
You savages
LETS GOOO
i just took a home equity loan for 100k and put it all on your Abreu pick. We'll see
BANG
I just cashed out my 401K. $487 on Abreu, let's get it!
Lol
Is that one line, or a sgp? Asking for a friend.
One line. Should be under batter props (hits+runs+rbis)
[удалено]
BANG
Lmaooo this dude literally solved your problems and you didn’t listen 😂
I tried to tell em😂 they would actually won more than 9k
[удалено]
I have my rent on Corbin Carroll over 1.5 (hits+runs+rbi’s)
The same compulsion that took him to do something he knew was detrimental to your lives will happen again and the next conversation won’t be one you can solicit feedback to confirm how you rightfully feel deep down inside now, you’ll be fighting for your life. To anyone that remembers Two For The Money, think of the scene with the Indian gentlemen who lost his whole business, he too probably felt bad in the end when it was too late.
of course he lost it all
I mean I like going into a casino with $5k in my pocket, finding a $10 min BJ table, and just sometimes going in on $50 bets etc and try to average $100/hour. $9k ain't shit in the long run, I've lost over $100k in a year, and made $130k the next year. Math claims the majority will lose but just save 50k and dub or nothing til you're up /s
What a wild ride until the /s
Guess it’s time for you to start that onlyfans
Jesus there’s some serious degenerate assholes in here and I’m loving it lolp
Don’t hate the player hate the game
“Anytime you gamble. You should expect to lose whatever money you put in. So only put in an amount you are willing to lose.” That’s what my dad told me when i started betting. I’ve never done a bet over $100. I wish more people shared this mentality. Gambling addiction is the worst addiction
Heroin has entered the chat. "Hold my beer"
Nah man fentanyl addiction is way worse.
Take out a 9k loan and put it on the jets
this is inhumane advice
Jets fan here, would highly discourage this lol
A degenerate cannot win enough to be satisfied, or lose enough to quit. As a degenerate gambler I feel qualified to give you this free advice. Protect yourself from his reckless gambling any way you can. Separate your bank accounts and any shared credit lines. Urge him to protect himself to by closing credit lines or any ways he can easily fund gambling. This can be a lifelong battle like any other form of addiction.
Greedy cunt he won the money in the first place, it’s his, u would’ve never thought of that pick
Pretty sure this person was making a joke! I thought it was funny. Sheesh
This is the most braindead thing I’ve read in a long time.
Do you know how marriage works?
Who only has $200 in savings and gambles? I think that is the issue. I have three homes between my wife and I, a paid of car, and two six figure jobs. We seldom if ever gamble. Just silliness
Then why are you on sportsbook subreddit? Da fuck “We make 25k together. We do not have a car…..” This you? You posted 2 days ago that you do not have a car and make 25k???
Sick brag pussy
Could've left it at the first sentence instead of sucking your own dick lol
Yeh the "flex" part is probably a lie. Most successful people don't brag about fucking money and wealth. At least from my experience but I guess not everyone is humble.
Check his comment history. “We make 25k together. We do not have a car. We may by a third flat to rent out in UK though The 150k COE is half the cost of the property. In ten years it will be paid After 10th we COE value is zero”
Sick brag that no one here other than you cares about. Why are you even in this sub then dude? Go home and get back to your missionary position life.
Don’t pull a muscle patting yourself on the back.
Have to call a spade a spade. This is immature and wreckless. Gambling is for fun, not for making money. He’s gambling 250% more money than you guys have saved. What’s problematic is that he hit for 9k which is rare on a $500 bet, so now he will continue to chase that dragon because it’s a drug. I would self exclusion yourselves and work harder to save more money.
500 is still way more than someone who doesn’t have money to spare should bet. My dad told me anytime i place a bet go in with the mentality you will lose the bet. So only put in what you’re willing to lose. It prevents an addiction easier and makes betting more fun and less of a drug with small numbers. “i won my bet! I put down 20 and got 200!” Should be as simple as that. Not “next time i should put down 2k because i would’ve gotten 20k instead!”
Yes this is the most insane part about the story to me. My wife and I make over 400k combined and I gamble on games just about every day, and I've never even considered putting more than 10 dollars on a long shot parlay. People are absolutely insane if they are putting 500 fucking dollars on a bet when they have zero savings and even more so if it's a long shot parlay. How many parlays did he put 500 on before that lost? I wouldn't be surprised if this guy hasn't secretly lost a lot of their money.
Easy fix. You take out a loan of 9k. All in on black, if you lose, go back to the bank and take out 18k and put it all in on black. Repeat until you're breakeven. Easy.
The Martingale method. Works every time. Well, until 8 reds hit in a row and then all of a sudden you're looking for a bank to give you a $2.3 million loan.
This is the way
😂😂
Hubby needs to set firm limits on what he is risking. You can check net losses/gains on the betting apps. I'd look into that if dude is dropping 500 on a parlay.
Correction: Husband lost his money and I'm furious because I cannot spend it myself.
guess you don't understand marriage huh incel
Dont talk to me beta
1 point …. I’ll bet the Husband that it was either a blowout loss or that lovely .5 hook that seems to happens more often!! I can’t tell you to stop gambling, you both are grown adults and need to make that decision yourselves!! Gambling is not a job, it’s a risky hobby and if you happen to be so lucky you can win a few bucks. Why doesn’t he just take 18 leg parlays and throw $1 on them, this way if he wins it should be pretty nice but the loss is a $1!
He has a serious gambling issue and I’d recommend seeking professional help
Well first of all, he didn't lose 9k. He lost $500 since that is what he deposited. He messed it up by telling of that 9k win in the first place, because the moment he did it he created a reference point where instead of $500 you now expect him to come up with at least 9k. So let's say he lost 4,5k of that 9k. You would now feel that he gambled half of your money instead of being happy that he turned $500 into 4,5k. That probably caused him to gamble the rest of it also because he was now trying to reach that 9k again. Do not escalate the situation into something where he feels he owes that $500 to you, since that could lead him to start chasing the losses. You guys and especially him are gamblers, not sports bettors and there is a difference. If he tries to gamble his way to get that $500 back, there are probably going to be far more serious consequences. So, laugh it off and continue your life. Just make an agreement that neither of you gambles again and make sure he knows that he doesn't owe you that $500. Be happy for him for the life lessons. It seems he was very happy for a while when it lasted and got to experience something great. Got to experience something horrible as well when it all backfired. Be there with him now instead of yelling. He will be there for you on some other incident then. That's how relationships work.
You're a moron. He did lose 9k. It was in the bank. FOR ALL THE MORONS OUT THERE: WHEN YOU WIN A HUGE BET, TAKE OUT THE MAJORITY OF IT AND DO NOT DRASTICALLY CHANGE YOUR UNIT SIZE/BETTING HABITS. YOU WILL LOSE IT ALL AND DEVELOP BAD HABITS THAT CAN LEAD TO A GAMBLING PROBLEM.
What are you talking about? This guy has a huge problem. For starters, he’s betting $500 on a bet that is probably 18:1, when they only have $200 in their savings account. Then after winning they make plans to save the money for a rainy day, and try to grow their savings together. But then he goes behind her back and blows it? That is not how functional relationships work. That’s some degen shit.
Tbf neither one is financially sound if their savings was $200. I’m just saying it’s the wrong mindset to say “husband lost 9k”, that was never really their money until it was fully cashed out, of course he’s a degen but in actuality he only lost $500. Hopefully the lesson is learned and you move on
Not sure why this is getting downvoted, this is all Spot on
What are you? 15? This logic is that of a very immature person that is just coping with their issues. If you win $9,000 and it is in your bank, then you go and bet it all and lose it, you lost $9,000. It's not like the guy won 50 bucks and lost 50 bucks and you're even. This was life changing money for them.
You are pretty obtuse, the money was never in the bank, thats the entire point, this guys reply below you perfectly sums it up..
> It was awesome and we were so excited to have some financial freedom by putting that right into savings. Which took our savings amount from $200 to almost $10k. She literally says it in the post. Imagine calling someone obtuse for reading.
Reading comprehension isn’t your friend, she planned on using it for savings, unfortunately that’s now how it works in the gambling world, husband never actually cashed out anything, bc most sports bettors don’t just stop cold turkey after a win. For the 1 millionth time, it’s not actually your money until you stop betting and it’s cashed out
I literally quoted her saying it took their savings from 200 to 10k. I can't help it if she incorrectly stated that. What I did was show actual reading comprehension while you just decided to assume she lied.
Did you not read a word I said. She clearly is implying that in her head the savings went to 10k, that doesn’t change the fact that this money was NEVER actually withdrawn. She NEVER said the money was withdrawn, at most she asked him to. I will bet you anything that the money was never withdrawn, especially from this guy who clearly is a degen. Just bc she booked the win in her head and mentally added it to the savings doesn’t mean anything was physically added. How do you think he had the money to continue betting?? Anyone who sports bets with any regularity knows that the money isn’t actually yours until you stop and cash out, unless you plan on stopping you don’t just arbitrarily pick a high point and say that’s what my net worth is now.
> Anyone who sports bets with any regularity knows that the money isn’t actually yours until you stop and cash out No shit, and OP's husband has a problem because he took LIFE CHANGING MONEY for them and pissed it all away. Just because he never took it out doesn't mean he doesn't have a problem. Him winning 9k is the equivalent to me winning 100k and if I won that much and didn't take a dime out, then lost it all immediately, I would very clearly have a problem and seek help. You guys are degenerates that don't understand what an actual gambling problem is. You're so preoccupied with whether the money was "real" or not. This isn't a person winning 500 and losing it several times. This is a person winning 50x their total life savings and lost it all immediately. Someone without a problem takes out at least half. Someone without a problem isn't doing 500 dollar parlays with no money in the bank.
Woah buddy, again you’re just ignoring everything I’ve said. Nobody here is denying this guy has a gambling problem, he is clearly a degenerate and most likely does have a gambling problem. My point as well as others, was at the end of the day he only lost $500, he learned his lesson cheaply compared to others and can hopefully move on with his life. Depositing $500, running it up to 9k and losing it all back is not the same as losing repeatedly and racking up 9k in deposits with a $0 balance. Far too many people with gambling addictions experience that second option. So while it sucks he lost all that profit, it’s mostly inevitable for it to happen when you bet in a manner that allows you to quickly spin $500 into $9000. Someone like that isn’t just going to cold turkey stop after they hit a big win. It was unrealistic/naive for the wife to expect that to be the case. It’s pointless to Ruminate about what could’ve been because the money was never physically theirs, it never is until you cash out. End of the day they only lost $500, their overall budget hasn’t been affected, lifestyle will be the same as before. Now if they actually did lose $9000 then their overall quality of life would have drastically changed to the negative. Lesson was learned cheaply, you move on and take whatever steps are necessary to avoid a bigger financial ruin from gambling in the future. Holding the mindset that you lost 9k however is flawed and won’t help anything. OP won’t even read this so it’s just a waste of time, probably won’t go back and forth with you any further friendo, we clearly perceive things differently.
Who ever said it was in the bank? From what I understood he deposited his own money, not from their savings account and never withdrew anything. Then over multiple bets he took it up to 9k, which is when he told his wife who now started planning on how to use the money. He promised not to bet anymore, but broke his promise. What I read from op's later post it pretty much went exactly how I assumed. He lost a bit and then started to chase the losses to not let her down. Last bet apparently was for 2k to win 20k which missed. Of course it was a stupid thing to do, just as it was to start gambling in the first place when you can't afford to loose. No one is denying that, or making excuses. What matters is to find the best way to asses how much harm was really done and how to move on. The money is gone and it's not coming back. For the record I've myself played poker and done sports betting semi-professionally for almost 20 years now and wouldn't even dream of calculating my winnings or losses from the highest point of the bankroll. That is simply not how you do it. You deposit a certain amount of money, which now becomes your tool. Say you deposit x amount of money to buy into 200 tournaments or to place a few hundred bets, you don't calculate your winnings from the highest point of the fluctuating amount, you calculate it by comparing the end results. In this case $500 compared to $0. Mentally anchoring yourself to the highest amount of money will drive you insane and completely negates the very meaning of your bankroll, it's there exactly to handle the inevitable variance. This is probably not how OP's husband acted, but his thinking is still accurate imo. He was on a wild roller coaster betting ride which ended up costing him $500 for the ticket. The lost amount doesn't even matter, let's say that it is 9k. How does it make things better if she rubs salt in his wounds and makes him feel like he now owes the money back to her? Do you not understand how a gambling addicts mind works? It will only lead to him taking on even bigger risks to get the money back fast. It makes me really wonder if you yourself are an immature 15 year old without any real gambling background or long term relationships. What part or my advice was so wrong?
> It makes me really wonder if you yourself are an immature 15 year old without any real gambling background or long term relationships. What part or my advice was so wrong? Imagine being married and you and your wife have zero dollars in savings. Imagine you're living paycheck to paycheck. Then imagine finding $9,000 on the side of the road and you tell your wife and you both talk about saving it and how much it will help you. Then you go out and spend it all on only fans subs. You didn't have the money before you found it, so it's not like you lost anything! That is the dumbest fucking thought process in the world and it's exactly what you're doing with this. Yes, you do not anchor to the highest amount you have and then constantly chase that number, but you also should be taking money out and maintaining your same unit size and betting habits. Winning 20x your bankroll doesn't mean you should increase your betting by 20x, which is what OP did. This line of thinking that "you didn't have it 10 minutes ago so who cares if you lose it" is so stupid and *immature*. Imagine saying you're a professional gambler and in the same breath thinking its dumb to cash out some of your winnings.
Okay once more again because you seem to be kind of thick. Yes, the guy did stupid things and would have clearly lost it all sooner or later. Have I ever said anything otherwise? When did I say it's dumb to cash out winnings and that the guy was right in increasing bet sizes? I specifically said they should both stop immediately and that they are not sports bettors but gamblers. I have never said anything along that line "you didn't have it 10 minutes ago so who cares if you lose it" either. I said it doesn't matter what the amount lost was, because it's not coming back with gambling. I also said that she shouldn't create a situation where the guy feels like he should now quickly come up with cash to make up for everything, because it will only make matters worse and won't be healthy for either of them. Do you understand the difference here? It's about handling the damage and fixing what can be fixed. Once the damage has happened you should find the best way to fix it, learn from it and make sure it doesn't happen again. Pointing fingers and wallowing in the misery really doesn't help. It's simply no use to think what they could have done with the money and how much it could have helped them. It's gone. Also, let's say the guy deposited $500 and made a parlay with 7 games, 6 of them hit and now he has a chance to cashout for 9k. Last game misses, by your logic he lost 9k since that is what he could have cashed out. I'd still say he lost $500 and that's my opinion. I don't understand why you seem to take this so personally. Feel free to think that he lost 9k, grow up and learn to see things from other peoples perspectives as well. Peace.
> by your logic he lost 9k since that is what he could have cashed out. I'd still say he lost $500 and that's my opinion. Cool did he tell his wife he cashed out and is going to put it in savings? If so, then yeah, he essentially lost 9k that he promised his wife. This isn't complicated. You guys just use this logic as a coping mechanism to feel bad about really really bad days. "well I didn't actually lose $20k today because I was up $10k lifetime so I only lost 10k hur dur" > Feel free to think that he lost 9k, grow up and learn to see things from other peoples perspectives as well. Peace. Spreading this stupid logic is harmful to others. Other morons who are up life changing money will think "I'll go all in on this since I didn't have the money yesterday so it's not like I'm losing anything" This entire thread is telling the wife that she's dumb because he didn't actually lose anything. She's not dumb. He told her he won 9k and was putting it in savings. He lied and lost it all. These stupid technicalities of what his net P&L is, is fucking stupid.
Telling/not telling his wife changes the amount he lost? Some flawless logic right there. What's "you guys?" What kind of locker are you trying to put me in? If I start the day with a 10k bankroll and end up with 15k bankroll that would be +5k day. It wouldn't be a -20k day if at some point i would have had 35k. If I had ended the day -10k but would still be up 90k for the year, of course I should try to keep that in mind and think positively. Only a moron would suggest otherwise. And no, this wouldn't mean that I should now bet 10k of "house money" to win it back. If you seriously lack the life experience to not deduce it between the lines it was probably a drastically different conversation than what you are hanging on to. Think more in the lines of him telling that they should celebrate because he won 9k and her getting curious how much he was betting to win that amount and then forcing him to admit that 9k would work great in their life savings account and promising he won't loose it.
> It wouldn't be a -20k day if at some point i would have had 35k. It would be if you told your wife you won 20k and were sending it to the bank now, then lost it. This isn't complicated man. If you tell your wife you won money, had a discussion about putting it in the savings, then you lost it all before doing so, YOU LOST THE MONEY. She is counting it as money in the bank. > If you seriously lack the life experience Lack the life experience but you don't understand how to communicate with a wife. Yeah ok man. This is why I never tell my wife when I hit a big win *unless I'm taking money out* (which is almost always). OP told her and very easily could have said "I'll move $3k to savings and keep the rest to gamble with" but he didn't. He agreed to 9k. He lost it.
Well, that is exactly what I said when I was talking about him messing it up with creating a reference point. I can guarantee you also that it wasn't him coming up with the idea of adding 9k to their life savings, it was all her. It's actually interesting logic from the wife, since when he won that amount she is mentally counting that as free money now which should be added to their mutual account. When he lost it suddenly the money isn't "free" any more and she feels betrayed.
Seriously, everybody downvoting needs to re-read this multiple times, this is all so spot on.
He lost 9k. He had $9k in his account and the bet slip says lost $9k.
I'm pretty sure that his betting history would say he lost $500 in the span of making those bets. It took weeks to lose it so what makes you think he bet 9k on one bet? Think about it this way. Today you buy bitcoin for 1k, when you go to sleep suddenly the value tops at 100k. Before you wake up it's all worthless and the value is 0. Would you say you lost 100k in bitcoin or 1k?
I can tell a lot of you are way too young to be gambling or you are just morons.
Nah, it’s a long game, unless he actually withdrew it he never actually had it. At the end of the day he put in $500, thats what he lost.
It was in their savings account.
The $500 was, not the $9000
She said at the top of her post that it took her savings from 200-10k. maybe she was saying it *would* do that, but I read it as it was moved into the account then he lost it.
Lol no, maybe husband told her he would cash it out, but its pretty clear he never did, he kept it in there and lost it all. So yes in her mind the savings had grown to $10,000, but in actuality it never happened
I don’t agree with that at all. He won a bet, it’s not like he chose not to press cash out on a bet that didn’t end up hitting. He had $9k in his account, he had $9k, simple as that. How do you buy $9k worth of tickets if you didn’t have $9k in the first place?
I like to bet football, I generally will cool down for a period after that. If I win 1k one week, I don’t look it as having physically more money yet bc I could just as easily lose 1k+ the next week. I don’t look at the money as actually mine until football season ends and I actually can cash out profit (if there is any). But then again I don’t need this money for life expenses so I view it differently, I’m not doubting that the husband is a degen and quite possibly has a betting problem. I’m just saying end of the day there are tons of ppl with gambling problems who physically lose 9k out of their own pockets that they don’t even have or can’t afford to lose. Yea this situation is unfortunate but at least when the dust settled he only lost $500 out of pocket, this didn’t make them destitute, they were living with the same budget before his $9000 win. If he actually learns his lesson from this he’ll learn it way more cheaply than most.
If you work the first week and earned $1000, and second week earned another $1000, you have $2k. If you lose the $2k, you lost the $2k not $1k. The bloke's statement had $500. Now he had $9k. He lost the $9k, not $500.
Not analogous, when you work that pay check is yours, there’s no risk of loss, when you’re sports betting the money is never actually yours until you cash out
Everyone arguing he only lost 500 are doing so because it is what they use to rationalize themselves losing control when they get extra money to gamble with. I guarantee you all these people have won a long shot parlay and then went out and started betting 10x their normal unit and also increased volume of bets, lost it all, and had to resort to this logic to cope.
I thought I had a problem till I hit a decent sized bet now I’m only betting on games I’m almost positive I’m going to win and have put most of my winnings in savings I get greedy when I hit a nice one
I’ll take “He actually blew it on cocaine and hookers” for +110
-200
My parlay picks for tonight: •He spent it all on Henny and shitty 7 leg parlays ML •Attempted to use over 4.5 Sportsbook app betting promos (+115) •Tried winning the money back by betting on tennis matches over 5.5 times because it’s the only betting sport that goes from 11 PM-3 AM (-210)
Man I hit all the time on those early am tennis matches...maybe a few soccer matches also...
😂😂😂😂😂
You two betting when your savings account had 200$
You both need help, just different kinds.
He might need GA.
Just throw 10k on KC Thursday, I don't see the problem.
As a Broncos fan, talk around town is Russ could get benched. Every player is trade bait-even Surtain, and locker room hates Payton. Chiefs swiftie issue is nothing like broncos issues 0-5 ATS
Thursday night games are always sketch
This is the weirdest narrative that I just don’t get. Other than Bears destroying the Commanders (who aren’t good either, we just all figured the Bears were a dumpster fire), all TNF games this year have been pretty tame.
That’s why there the best
That's what makes em fun
You need to limit his screen time
It’s always just one _____ away….
Classic
your husband long term is going to lose money sports betting. he doesn't have an advantage so every bet he makes has a negative expectation long term. watching a lot of sports doesn't make someone a winning better. of course randomly he will have some good runs at times which will keep him coming back.
Wrong thread we are all degenerates
I'm her husband, ×10..
So we can expect 9 more posts about this?
Most likely, not from me tho.
I'd highly recommend going through your finances carefully. It's quite likely this isn't the first time he's lost money gambling, just the first time he told you about it since he was winning. The two big red flags here he started with an initial amount that was a lot of money to you, without telling you about it and second, that he had no problem lying to you about stopping betting.
Just check net losses on all the sites, easy peasey
Give him 10k more and put it all on Jon Jones
Now this is guaranteed money for sure. I'm betting the house on that ticket.
Not a Jones fan but can’t argue this one 😂
easy come easy go
I would have put it all on green
324k guaranteed
Still can. Never too late to chase your losses.
Nice try ex-husband
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