Where Do Gamblers Get Money to Gamble?

Q: I gave your book, ALL OR NOTHING, to my girlfriend who enjoyed it too but asked, "Where do gamblers get all of that money to spend gambling?"

A: LOL. Good question. The answer is that they beg, borrow, and steal. I have met gamblers who liquidate their life savings, life insurance, 401Ks, credit cards, college savings funds; I know gamblers who sell their own blood, their fancy cars, rent out rooms in their houses, take out second and third mortgages, blow their inheritances and much more than that. By the way, these are the non-criminal gamblers.

We have all heard stories about the embezzlers and prostitutes of the gambling world--at least the ones who get caught.

But think about a woman or man who remains with a wealthy partner, whom they hate, because he/she provides them with money to gamble. Think about people who stay at a job they hate because it provides them with money (or the flexibility of hours) to gamble.

I know of bus drivers (obviously) who gamble. I know of police officers who gamble. I know of physicians who gamble. And when I say "gamble," I mean that they are addicted gamblers I have met regularly in the casinos and in GA.

Where do they get the money to gamble? Lots of places, but mostly from other people. In fact, if gamblers weren't addicted to gambling, they would make great fundraisers.

I know of a gambler who was down 2k after a night at the machines. He had the usual complaints--he was not going to be able to pay his water bill, he was not going to be able to pay his electricity, he was not going to be able to buy groceries, and so on and so forth. So a few of us got together and helped him out a little bit, and then he contacted some other friends of his, and within a few hours he had collected more than the 2k he needed to pay all of his bills. The next night at the casino he blew another 2k or so and the whole process of begging started over again. The only thing he didn't pay was his bills. His electricity was cut off for like the millionth time and his water too, but he had borrowed 2k to gamble with.

Thanks,

Preston