[piyushzala]

Hello,

I am 34 year married men from India. I have 7 year old son, my wife and my parents in my family. I have lost lakhs of rupees in gambling. Initially it was started with small amount like 1-2 thousand trading in Indian stock market way back in 2015. Slowly and gradually amount kept of increasing as the time passes and I started playing in lakhs by 2018-2019. By this time I have almost lost 3-4 lakhs of my personal saving. After covid era I am working from home and during this 3 year it ruined my life. From somewhere I came to know about olymp trade platform and I started gambling in lakhs or rupees. I tool personal loan from banks, borrowed money from friends telling lies, lost my father’s saving n within one year of covid I lost 25-30 lakhs rupees. I have no control over my mind and also has suicidal thought in my mind. All my friend and family came to know about my this habit. They helped me n supported me to repay my all debt. I was ok for 5-6 months but suddenly what happened even I don’t know and again I started gambling and again lost 10 lakhs rupees. There was time when I recovered all my loss which I made second time but again to earn more and more money and to recover my first loss of 25-30 lakh I started batting in lakhs or rupees and lost all my profit. Now, my current situation is I have debt of around 15 lakh. My monthly salary is only 60 thousand. I wanna quit gambling but the thought that how would i repay my debt from my current source of income is killing me inside. it will take more than 2-3 years to be debt free. As I have family so how would I survive with this much amount of debt, please guide me and help me.

[Dunc]

Hello and thanks for starting a thread in the Gambling Therapy forums

Here at Gambling Therapy we pride ourselves on being a caring and diverse online community who can help and support you with the difficulties you’re currently facing. We understand that this might be a tough time for you, particularly if you’re new to recovery, so come here as often as you need to and participate in the forums, access online groups and connect to the live advice helpline if you need one to one support. We’re in this together!

Here on the forum you can share your experiences in a safe, supportive and accepting environment. The beauty of writing it all down is that you can take your time and you will be creating a record of your progress that you can look back on if it ever feels like you’re not moving forward. So, share as much or as little as you like but do try to stick to keeping just one thread in this forum so people know where to find you if they want to be updated on your progress or share something with you.

As well as the forums New Members are invited to join Charles in the New Members Practical Advice Group On Mondays at 21:00 (UK) and Thursday at 19:00(UK)

And on that note….

I’m going to hand you over to our community because I’m sure they will have some words of wisdom for you ??
Take care
The Gambling Therapy Team

PS: Let me just remind you to take a look at our privacy policy and terms and conditions so you know how it all works!

[m28b]

Hi Piyush,

I am from India too and I have same condition like you. However, I have debt of 1.2 lakh and paying around 25k per month.

The problem is that I have 30000 salary and my emi is bigger than salary.
I have taken couple of loan (short term) loan from different NBFC banks.

I want to get out of this situation and I don’t know what to do.

I don’t family or friends who can help me to get out of this situation.

I hope everything will be okay and just have faith.

[nothinox]

I’m sorry to hear about your struggles with gambling. It’s important to seek help and support to overcome this addiction. Consider reaching out to professional counselors or support groups that specialize in gambling addiction.

[nothinox]

Also, try to find healthier ways to manage stress and financial difficulties. always prioritize responsible and sustainable methods of income generation. Take it one step at a time, and focus on rebuilding your life.

• This reply was modified 7 months ago by Dunc.

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