I would say cut your losses and kiss goodbye to the cash. The trouble with gambling is when all goes your way, all's well but as soon as you start losing you'll be tempted to do another then another etc etc just to get your money back. It doesn't work ! I play online poker and although I'm not a bad player, if I played for real money rather than play money I'd be living in a cardboard box by now ! ( or squatting in Sheddy's shed :giggle: )
You never see a poor bookmaker - and casino owners make obscene amounts of money. Doesn't this tell you something?
Sure, you can have a good run from time to time - but in the long run the house always wins. They wouldn't be in the business otherwise.
If I was advising your friend I would say "Quit and find something else to spend your money on." Try and look on the positive side - think of all the enjoyment and excitement he has had - but realise that, in the long term, he is always going to lose and he might as well quit now.
Will
Just as long as you don't lose £20000 a year!
Have you tried matched betting?
Here's a foolproof betting system for you...
1) Put £1 on anything at odds of 2:1. If you win, quit, you are £1 up.
2) You are £1 down. Put on anything at odds 2:1. If you win, quit, you are £1 up.
3) You are down. Put on anything at odds 2:1. If you win, quit, you are £1 up.
4) You are down. Put on anything at odds 2:1. If you win, quit, you are up.
5) You are down. Put on anything at odds 2:1. If you win, quit, you are £1. up
6) You are down, Put on anything at odds 2:1. If you win, quit, you are £1 up
...and so on. Each time you bet enough to end up £1 in profit. Of course, you do need an infinite amount of money to sta5ke...
GET IN!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
maracaibo score in the 62nd minute!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! :swingingchair:
he/we/I picked up an excellent amount that night/morning, MARACAIBO are now my adopted south american team.
depends what you are gambling on!
poker - well known that "bullying" is a well known (and accepted) part of the game - not everybody's cup of tea and understanding your opponents is key - hence why some good players make reasonable money on the small money internet sites as many that play at that level have no idea!
football - forget it! Odds are often quite small and surprises are few and far between ............. and you tend to miss most of them!
horses (dogs too!) - again you need to study form etc. and a bit like work it can get very heavy on the study time! I've subscribed to a number of services over the years and look at them as both fun/pleasure and an investment - now on with two that have shown great profits over the last 18-24 months - one made over 1,000 points last year and at £10 a point that was ovef £10,000!! That said if you had subscribed at the worst time last year, you could have been down over £1,500!!
problem with gambling is that you are always looking for the big one! profits tend to come in dribs and drabs .................... be in it for the fun as well as as the money!
stocks and shares are also gambles ........................ but watching/reading financial pages to see how they have moved pales in comparison with a few good days at the races!!
here endeth the lesson!
ops: has lost a bit of cash(nothing daft) on the footie/tennis/rugby/anything betting recently and gave me this poser..........
we / i came up with the theory of putting 20 notes on a treble of basle to win(which they did) seville to win(which they did) and now we/ i am just waiting on maracaibo to beat pumas,if they do its game on again......if they don't i'm packing in.
:roll: :roll: :roll: :roll: :roll: 
As some know i'm a big gambler but not when it comes to bookies i've never been in one in my life. My vice is poker may it be on the net in a mates front room or playing in a tournament at a casino, its alll the same to me. Now i'm not naieve enough to beleave I can make a living from it however suffice to say I don't run at a loss (at the moment). But to be honest with good self disipline it can be cheap entertainment. When I play with my mates we all normally chuck in 10 or 20 pounds each and winner takes all stick the price of some booze and a takeaway on top of that and by the time we've all payed our share it still adds up to a cheap night in with some good conversation as opossed to me p*ssing 150 quid or more on a Saturday night, yes I know its a bit steep but my taxi bill for a night out alone runs into the £40 mark. :? :? :? 
