I just wanted to write about my experience with gambling, not to ask for any help necessarily, or to achieve anything, but just because I wanted to write down some things that I haven't told anyone in my life, even my closest friends and family.
My vice is sports betting and I'm definitely an addict. On a basic level, it has always felt like a legitimate thing to do, because I have a lot of knowledge about various sports and it would be good to make a bit of money from that knowledge. Unfortunately, things haven't turned out that way. Even though when I'm betting I feel smarter than the average gambler, and understand betting principles etc in theory, in reality I always manage to lose. But, it doesn't matter how much or how often I lose - I always think I can win it back or a good streak is just around the corner. It turns out that the bad streaks are the ones that get you into a lot of trouble.
I didn't gamble till about 5 or 6 years ago and in that time I've managed to lose god knows how much money. I currently have a $20,000 limit card maxed out, have virtually no saving, and am living from payday to payday. I'm able to mask things pretty well - I have a good job (though I'm constantly following games at work), I'm outwardly happy, I hide my gambling from everyone.
One of my best friends is also into gambling and he I suppose is kind of enabler for me - it's one of the things we talk about a lot. We never say how much we gamble or how much we've won or lost, but I suspect he is in a much better financial situation that me and hasn't let it take over his life (i.e. doesn't bet nearly as much), even though he does it as frequently as I do. He also like playing poker machines and has drawn me into that too. Over the last few years I've lost plenty on those too, although I just view that as the occasional bit of fun with a set amount of money (admittedly more than I should play), and I don't feel addicted to playing those machines. I have come to enjoy them though and have even gone a few times without my friend.
A previous girlfriend knew amout my gambling, but only because I told her when I reached the $20,000 debt on my credit card and couldn't take the stress anymore. I just had to tell someone. At that point, I was having to not eat a couple of days before payday and survive on almost nothing for a few days every fortnight.
I broke down and told my current partner after avoiding discussions about holidays and things like that (because I had no money obviously), and that was really hard. She wanted me to quit for good, but I haven't been able to and to be honest I haven't really wanted to. The other day she asked me how the gambling was going and whether I still did it. I flat out lied to her, saying that I hadn't gambled in a while and it was all fine. The reality was I had been having a few bets that weekend. Even earlier, when she first found out, she asked me how often I was betting - I said every now and then on weekends when there was football on, but really I was betting every day on sports, with no exceptions. She thinks I should tell my parents to get everything out in the open, but I'm not sure I can do that. It's too shameful.
At one stage last year, I put a restriction on my sports betting account so I could only deposit a small amount of money over a long period of time, much less than I would normally do. I thought it would be a good compromise - restrict my gambling, but still be able to do it in moderation. I found it really difficult and as soon as the period of time passed, I started betting like normal again. My girlfriend of course wanted me to quit cold, but I didn't want to totally give up something that I enjoyed doing, and still enjoy doing, despite how much pain and trouble it has caused me.
At various times I have tried to moderate things - flat betting a low percentage of bankroll, things like that, but I always got bored, upped my stakes, or couldn't control myself. Once I actually stuck to the disciplined way of doing things, only I went on such a bad run that I lost my designated betting amount anyway. All I did was turn around and start again.
I remember one stage I won about $6000 on a bet and paid off my credit card down to about $2,500. Then the next weekend I had a bad beat on football, also discovered college football, and by the end of the year was back up over $10,000. My bigest regret was wishing I had just lowered my credit limit when I had the chance.
Having the credit card has been so dangerous - I look back at my statements and I was regularly betting $500 here, $300 there....I even bet $2000 on one game and of course, the team I bet on lost in agonising fashion. I'm not doing it to that extent now, but I'm still betting usually somewhere between $50-200 here and there and it all adds up. I'm paying off my credit card, but the problem is that I'm still using it for gambling at the same time.
My girlfriend thinks I am steadily paying my credit card off, and I am paying a regular amount. The problem is I am still using it and am not really making much progress paying it down. I actually keep track of how much money I "owe" my credit card - the additional amount I should have paid off by now - and it's just getting bigger all the time. Last week I had a few wins and cut it down by a few hundred dollars, then on the weekend I had a terrible run on a few games, and went backwards by about $1000. It's a neverending cycle. So I've been sitting on the same amount of debt for quite a while, even though I've been lying to my girlfriend constantly about how much is left on there to pay off, which I feel really bad about.
I know it's stupid and I should just quit but I really don't want to.I miss the feeling too much.
The biggest thing I'm feeling right now is regret - I'm in my early 30's, with a good job and great partner. All of my friends are buying houses, going on holidays, and I just don't have the money to do any of that stuff. I feel like I've literally wasted the last few years of my life on gambling and if I don't get a grip, I'll waste the next few as well.
I actually feel restless and empty when I don't have action on something. Sometimes when I win, instead of putting the money back in my bank account or on the credit card, I look at what the next sporting event is and have a small bet on whatever it is, just to have some action. It's pathetic.
Intellectually, I know what I'm doing is ridiculous, but I do it anyway. I guess that's the nature of addiction.
Anyway, I just wanted to get that stuff down in writing - apologies that it's a bit stream of consciousness. I'm feeling really bad at the moment because I've regressed a bit in the past week and have made some stupid bets that I regret. I know I need to quit, and I have found it comforting to read some of the stories here and know that many people are going through similar things.