Just got a message from a friend that he lost all of his money with one of those online casinos.

[brittyboop2014]

@zatek except you cant walk away with 24k --- unless you get to 100k which is impossible.

 

[zatek]

@brittyboop2014 That’s the dumbest thing ever lol if you can’t cash out whenever you want, anyone that voluntarily does that deserves to lose it all

 

[olskool_727]

@zatek To be fair, OP did state that the $100k pay through was unbeknownst to his unfortunate friend. It sounds like his impulses were so out of control that he rushed through the disclaimer. Such a sad story.

 

[brittyboop2014]

@zatek truly a suckers play. almost feel bad for his friend - almost.

 

[olskool_727]

@brittyboop2014 I do feel bad for him. Those casinos are predators and devise deceitful tactics to hook people with gambling and impulse control issues. They know exactly what they’re doing and the harm they’re causing.

 

[kyl300]

@achieng But no one can afford it... So it's just a plain scam...

 

[musicdirectorcda]

@kyl300 Yeah, I’m pretty sure actual rich people most likely don’t do this type of gambling.

 

[17cleo]

@musicdirectorcda Actual rich people “gamble” by buying stocks, which isn’t really gambling since stocks go up in the long run.

 

[hellptogheter]

@17cleo If you really want to gamble with the stock market, you buy options.

 

[campos87]

@hellptogheter Yes, and if you want to be the equivalent of the house, you sell options.

 

[readingintheshade]

@achieng Yeah, those playthroughs are B.S. The one on my local ads is like 24x. No way you can make it to that!

Sorry for your friend.

Thanks for sharing, it's a good reminder to all of us.

 

[resjudicata]

@achieng OP -sorry to hear that your friend lost all of his money. Hopefully, he learned a lasting lesson.

 

[looseink]

@achieng Real physical casinos provide drinks, atmosphere and good food. So even if you lose money, it was entertaining and you can call it the cost of the vacation. And you slowly lose your money so you're there long enough to want to eat and stay over night.

Those online casinos aren't for people can afford it. They're for gambling addicts and suckers.

They're looking for whales just like those pay to win mobile games. Candy Crush wants you to pay real money to progress because the game is rigged to be near impossible to progress without "power ups" after a certain point. It tricks you into thinking you're good at the game and then you're more inclined to spend a "few bucks" for just one more move or whatever.

It's all the same trash looking for addicts.

 

[harmoniousedit]

@achieng My cousin has been gambling for decades. Had the perfect family, house, cars, well paying job. He let go of everything but his job in order to freely gamble without anyone telling him to stop or have responsibilities. Before COVID, he'd rack up debt to gamble and then went to work to pay it off. Endless cycle. So when COVID hit, there was no job to pay off the debt he recently racked up again.

Now the guy's jumping from couch to couch. One day, no one's going to take him in anymore. Gambling has become his only source of happiness when he gets the win high but has destroyed his life. He needs to stop now.

 

[seekingpeace18]

@achieng What a terrible scam. Just preying on people. Awful.

 

[djfamousa]

@achieng If you are ever tempted to gamble remember this: Casinos only exist because gamblers lose. the more people lose the more casinos get built.

 

[tls1978]

@achieng This whole thread can be boiled down to: Don't be an idiot.

 

[mandoose]

@achieng Thats why ypu don't gamble kids

 

[new_creation]

@achieng Couldn’t you just take the sign up bonus and run?

 

[lecrae2]

@new_creation All bonuses of this kind will have a wagering requirement. Just giving people money to withdraw is not a good business strategy.