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The Ramsey Show Highlights

I've Gambled Away $50,000 In The Last Two Months

The Ramsey Show Highlights

Ramsey Network

Business, Education, Investing, Self-improvement

4.5839 Ratings

🗓️ 28 September 2025

⏱️ 10 minutes

🧾️ Download transcript

Summary

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Transcript

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0:00.0

Brought to you by the Every Dollar app. Start budgeting for free today.

0:06.6

So I have recently moved to Atlantic City, maybe about seven months ago. I came from a small town,

0:13.2

had no casinos, had no access to gambling where else from. And since then, I have picked up a

0:19.2

pretty nasty habit of going to casinos.

0:22.9

In the past couple of months, I'd say, less than two months, maybe six weeks or so,

0:28.8

I've lost about $45,000 to $55,000 of my money, basically everything that I have.

0:33.6

It started small, started with little bets, $25 here and there, going out with some of my new friends that I met in town. And then all of a sudden, before I know it, I was going out alone. Betts went up to $100 a night and then $500 a night. And then next thing you know, I'm going in $2,000, $5,000 a night. And over the course of maybe a week and a half, I really lost a big chunk, and I tried to chase it.

0:56.4

And then over the past maybe three weeks or so, I've lost everything.

1:00.8

James, I'm sorry.

1:02.0

How old are you, honey?

1:03.9

Just turned 25.

1:05.5

Pretty scary to be this out of control, isn't it?

1:08.5

Yep.

1:09.7

What's really kind of scary for me, too, is I don't drink,

1:12.8

I don't smoke, I don't do anything at all. I live a fully sober life. I don't do anything else.

1:17.7

I've never had an addiction, anything, never used nicotine, nothing. So first real addiction,

1:23.0

I think, I've ever felt. Yeah. Well, you're feeling one.

1:28.3

There's no question.

1:29.2

I mean, you have all the symptoms anyway of somebody who's in the throes of that.

1:34.2

You mean, you're watching yourself almost an out-of-body experience do life-destroying things and still do them anyway.

1:42.1

That's the sign of an addict, right?

1:45.3

Yep.

...

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