I have seen this many times especially in Atlantic City where I spent well over 20 years gambling you'll see somebody win a large amount of money one night or throughout a weekend and then you'll see them eventually during the next few weeks or months give it all back and then they'll ruin their life savings if they had any chasing it I've wrote about this. But then you see the person usually a male who was the gambler with a different female and of course she'll milk the male in many ways including taking most of the money and the money overrules their lif, it's the downfall of gambling no matter if it's winning $5,000 or $10,000 on a $500 buy-in or winning hundreds of thousands of dollars I've seen it and it's ruined many people successful life prior to gambling or along with gambling. It is the downfall of gambling, it is the bottom line however successful businesses do the exact same thing but don't get the notoriety that something like this gets that's published. Many people in successful businesses that rake in the money it ruins their life because they don't know how to handle it. They abuse the 'quick wealth' as it so often happens, they change their relationships the Money Rules them and that's the worst thing that can happen in any sudden onset of money, gambling or not.
Sadly, the guy will fall prey to gambling with limousines, large suits, etc., and buying in with larger and larger amounts of money. They figure winning $500,000, they can win 5 million or 50 million. Out of 100 people that do this 99 will give it back if not 99.9 out of 1,000, there's a slight chance one person out of thousands will actually stop gambling or keep it and invest it in a business and improve their life but it just does not happen in real life it happens in message boards and fallacies and people talking when they win the money. But the realty is winning convinces the gambler to try larger and larger and larger amounts and the worst thing you can do is be successful at first without having any experience, it's a sad case and it always will be.
I wrote about it on the board a couple times.I knew this gentleman from North Jersey Shore who had three very successful multi-million-dollar restaurants and a 5000 square foot front Oceanfront house and a beautiful family and beautiful cars and he won I believe it was slightly over $300,000 playing baccarat one night at Bally's Grand. During the next seven or eight months he ruined his entire life and sold off all his assets to keep chasing the win that he gave back, for larger and larger amounts that never came. So sad these stories and I've seen possibly three maybe four of them myself and I knew the people, complete devastation.