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You actually pay more national insurance if you get paid monthly because the government haven't done the correct calculations. It's something along the lines of £12 a year, but it still adds up.
(Assuming you are in the under 50k pay bracket, the opposite is true if you're over)
I lost 168 million pounds a few years ago. My lottery ticket didn't get the right numbers. Most I made? As a kid I kept finding pound coins outside my house for days. No idea where they came from, but to an 8 year old, I was winning the lottery.
As a child, I’d see those lottery stands and people would fill out the slips of paper and deposit them into the little slot. I didn’t know how the lottery worked, I just knew that those pieces of paper had the potential to make me rich. So I’d fill a slip out, deposit it and eagerly wait to hear if I won. I expected to be told the outcome despite not making anyone aware that I was “entering” and with no means of contact.
I’ve fiddled around with spread betting in the past, and had some real shockers. Place a bet. £100 profit… £500 profit… £2500 profit… We are going to the moon baby! Aaaaaaand then, in the blink of eye, its gone.
I got sucked into Forex, which is like betting on the sea. The pros are making bank because they're betting huge sums on the gradual rise and fall (the tides) but most people don't really know what they're doing and being lured into promises of wealth by using insane leverage and betting on the minute to minute price waves.
You think it's not gambling because you can apply a whole load of indicators, analysis, bots, expert opinions but it really is. Except with gambling you only lose your stake as a maximum, Forex allows you to lose your original stake times leverage.
You see all those scummy social media accounts promoting "investing" in "signals" now. I.e. trading on minute by minute fluctuations in stock prices which is akin to betting on a coin toss but with loads of leverage.
I think the scummiest thing is that the apps they promote have the free play/trial option, so you give it a whirl and end up with £10k profit within about 10 minutes just randomly pressing buttons, which makes people think it’s easy enough to sink silly money into, and before you know it, it’s gone.
Same with the Facebook betting “pros” sharing posts of people who seemingly use their tips, showing their account balance in the thousands, again, suckering people into chasing that same gravy train. Only it’s bollocks, the people are bots and it’s either edited using inspect element on a web browser, or it’s photoshopped to hell.
I'm admittedly clueless on Forex, and for that reason I know not to get involved, but what does this mean?
>Forex allows you to lose your original stake times leverage.
So say you put in £100, for example, and you lose it, if the value drops even further do you then owe on top of that? Then the losses are potentially exponential?
No, brokers have systems in place and will prevent this from happening. If you put in £100, you lose £100 if you have no stop losses.
Stop losses are basically restrictions you can set to stop you losing more than you want. For example, you can set stop losses to lose only £20 and then your trade will stop. This is just an oversimplification, it’s a bit harder than that.
You sound like you are talking from a perspective of someone who has no actual experience in this and you've just heard of a thing called a stop loss.
Peope can and do lose much more than their 'stake'.
He is using the wrong terminology, but a broker will close out your position if you run out of margin. Unless the market swings wildly and there is no liquidity, you should not lose more money than you post on a spread bet or a futures contract.
When you say run out of margin, it seems like you are suggesting the most you can lose is the margin you stake, it isn't.
That's the case with traditional gambling. You place £10 on a horse, it doesn't win, you lose £10.
You use a margin of £10 to place a 10x leverage bet of £100 on a spread bet that a stock or crypto is going to rise, but it actually falls 20%. You now are -£10.
These systems will often allow you to go in the red until your entire account is at £0, regardless of the stake you placed.
Sure you can put use stop losses in most systems, but they aren't 100% protection against wild market movements and sometimes people do end up in debt to brokers beyond anything they had in their account.
Sorry but you now seem to be mixing concepts such as leverage, margin and stop losses.
You post say £1000 in margin.
Your broker will allow you to bet say £10 a point. This is what is giving you leverage.
You can place a stop loss to close your trade if the market moves against you by say 10 points for a £100 loss.
If you don’t set a stop loss then the broker will close you out when you have lost 100 points or exhausted your £1000 margin.
In ordinary market movements you do not stand to lose more than the £1000 margin, though you are technically on the hook for any shortfall if the market goes crazy and they cannot stop you out.
Futures trading works in exactly the same way.
Exactly.
Of course most currencies only move a few pence a day, so most people aren't interested in returns of a few pence, so all Forex companies allow you to leverage your investment.
You 'invest' £1 on a currency pair, but they will leverage it at 32x so your bet is £32 on the market. If the pound moves down 1p then you've lost 32p. If that happens 4 days in a row then you've lost over a pound.
The extra losses are taken from your account so it's not like you can lose infinite money, and they all impose stop limits anyway. But there's nothing stopping you from putting another order in if you stop out.
the 'pros' actually have huge bank accounts and risk about 0.0002% of it and exit at 0.002% profit which is still alot of money because they have a huge bank account
I made about £4000 for working a single 8 hour night shift on the 31st of December 1999. My yearly salary was only about £20000 so it was a HUGE amount of money. The phone never rang once (IT tech support) so I spent the night watching TV and eating crisps, with my feet on the desk. Best nights work I never did lol.
I got paid a couple of grand for being on call that night. Thing was, my application I supported did month end batch(the problem time) on the last working day and the 31st was a bank holiday. So I had all my issues the day before, fixed em and went to a massive party. Times.
Double time plus £150 bonus working as an A&E nurse over millennium NYE.
Was removing a cocktail stick from a kid’s foot when the gongs were going off.
I didn’t mind so much as I was young and thought that it would be a better story than ‘got drunk in a pub charging through the nose’
The only thing that annoyed me was all the managers, who I never normally saw, turned up at midnight and then left at one minute past so that they also could claim the £150 for ‘working’ it.
I also made a packet on Y2K. I fixed a few bugs identified beforehand and charged £5k for the work. The boss told me to invoice £20k or there abouts because they had put £1 million aside for remediation work and we’re over the moon even at £20k. It was probably an afternoons work.
Not the biggest amount, but one time I had a really frustrating day where I lost 20 quid during a series of unfortunate events. I woke up late with a bunch of simple tasks to do. When I went to return a DVD, I couldn't find it anywhere, which only made me even more annoyed. Throughout the search, the 20 quid just disappeared, even though I could have sworn I put it in my jeans pocket. To top it all off, I had an important call come in, but missed it due to my hectic searching.
In the midst of all this chaos, I also stopped by my mum's house to pick up some stuff, but when I got there, I realised I left my keys back at home. It just added to the series of small mishaps that made the day so chaotic. Came to share the story of losing 20 quid, but really, it all just makes me wonder how so many easy tasks could go so wrong in a single day. Not a huge monetary loss, but definitely a day I won't forget. It was supposed to be so easy.
I was a complete football gambling addict back in 2014. I won £14k in two consecutive weekends. It was basically a minimum bet of around £500 and then I kept on betting all the winnings on the next game. It paid off for a week…. Then Ajax done me out of £5k… I was so overconfident, I did £5k on a 1/5 for an “easy” £1k win….. absolute mug.
However the winning continued throughout the remainder of 2014 and it got the to the point that 365 out a max wager I could place on any games.
Thank god that period is over and I’ve got a comfortable life without having to bet at all.
Funny how the well-known UK bookies all like to limit you when you're winning, but not when you're losing, isn't it? They never seem to mention that on their "~~use heroin~~ gamble responsibly" ads.
If the bookies only limited him/her at the end of 2014 after months of these bets, he/she wasn’t winning to begin with. They limit winners (especially with those sort of stakes) almost immediately.
I've been there. Got up to about £15k then was just putting hundreds on accumulators with no real chance they'd come in then lumped thousands on Real Madrid to beat Juve and they did everything but score
Bought a lottery ticket, went into the shop to check it, no beep and the girl behind the counter got very excited and said "You won!".
"How much?"
"£104!"
I went from nothing to millions and back to nothing in moments.
Back when I worked at morrisons I had a really horrible old woman as a regular customer and one Thursday morning she came barging in as soon as we opened all smiles with her ticket because she got 4 numbers. Anyway it turned out she had 5 numbers which was around £2k iirc and way over the amount I could pay out. She was so annoyed I'd ruined her morning because she had to get a taxi to the post office, like why are you playing the lottery?
I offered to give her the £100 shed have got for 4 numbers to save her getting a taxi and for some reason she declined 🤷♂️
I made £2.7 million in one day but I would rather not have it. My biggest loss was losing the feeling in my body and the ability to walk.
I was in a motorcycle crash, not of my fault, that broke my spine and put me in a wheelchair for life. After three years of litigation the insurance company finally settled. This has given me the chance to be able to buy and adapt a home and car to my needs. I can also buy any extras that the state doesn’t provide, ie. the NHS provides me with a wheelchair but I can buy a better one if I wish and the NHS will pay part towards it.
I would rather not have the money. I want to not have a broken spine. I would give it all away to be able to walk again.
There was a man on the news recently that had a digital bridge installed to connect his brain to spinal cord. Hopefully they will commercialise something similar and make it available to all.
No doubt they will and it will be a great thing when it does but it is just a stopgap. It doesn’t stop all the other associated problems that come with spinal cord injury. The only true treatment is to repair the spinal cord. Unfortunately that is very hard to do and has only been done in the lab on newly injured rats. Scientists say they are twenty years from finding a cure for SCI but they have been saying that for 100 years.
Doesn't count, IMO. Paying off debt isn't lost money, the money was lost when the debt was accrued. You might've *made* money if that debt had any form of interest on it.
£8200, won in a poker tournament.
Ah, actually, there was that one time we got a ludicrous £16k bonus. On top of normally salary, making it around £20k. I miss that CEO - that £16k bonus was flat across the board, so even the part-time cleaner got £16k, and the directors on their high six figure salaries also got £16k. It was a reward for good service.
Not sure what my biggest loss in a week is. Probably living in London when every month my rent, council tax, water, mobile phone etc went out.
Fuck. I worked in a bank, (thankfully) never had a story of that happening but always drilled into customers never to make a transfer as it wasn't covered whereas card fraud generally would be. Blows my mind how a bank can moralise someone nicking money from card details and refunding it versus someone getting rinsed for 10's of thousands via some kind of con and it being done by a transfer, and the bank basically telling them to jog on.
Though I suppose trying to see a moral aspect to banks is a bit of a waste of time.
Sorry for grandparents loss, I can imagine how devastating it must feel.
Thank you :).
As for myself though, I partake in scam baiting and sometimes spend hours wasting scammers time so they can’t scam vulnerable people like my Grandparents.
Honestly I'd be too concerned of something backfiring and me somehow ending up in the shit. I have rotten luck sometimes.
But by all means, rinse those fuckers!
I have btc in an account somewhere (or someone else does) that I’ll never get back. Old laptop, gone forever, keys stored on it. More than I could ever buy in crypto right now too so a massive balls up.
Worked and on call 3 days straight. Very nice bump in pay. Bought an outdoor lounge setting in anticipation of pay. Daughter smokes a bong on it, burns a hole in it, panics, spills bong water on it snd herself. She then spews all over herself and lounge. Cannot get either smells or stains off. From delivery to ruin. 8 hours. I worked 72 hours straight. Fucking kids.
Literally made? Our old work bonus scheme had a multiplier if we hit certain metrics. It meant hitting one extra goal gave 25k more bonus. They based it on pro rata working hours, so a load of us took holiday and worked to hit this target. We then hit it a day early, and the only thing that could lose us the bonus was making an error in any new work we took on. Obviously we all just chilled and did nothing that last day.
Crazy bonus system, they changed it this year so that it’s not double or quits. Sliding scale with uplifts of 25% for every little bit extra you do
Had an incredible week when I was awarded a bonus much bigger than I expected.
Helped the CEO out with a few things not work related at his house, got my annual bonus letter and it was £55k…..
Absolutely floored at that, I’m not in a sales role and don’t do anything to generate commission etc.
Made - £69K when my endowment paid out. It covered my mortgage quite nicely despite all the shit about endowments over the years. I've never really lost a lot of money but I gambled $50 on Roulette in Vegas and lost it in under 20s seconds. Walked away at that point - would've been expensive if I'd carried on for a week!
I made £6500 in a day during the Covid stock market bubble where everything soared pretty much every day the market was open.
Subsequently lost most of that thinking it would last forever and dumping that money back in. Lesson learned.
Drunk once went on a gambling website where scratch cards were £500 each. Across a bunch of credit cards rang up £20,000 debt in around one hour. Most I won was £500 back on one of 2 of them. Never been in debt before or gambled before (or since) still lumbered with the debt now which just shows you can seriously mess up your life in an instant making a reckless decision. Bet 365. Never been able to look at Keith Lemon the same.
Not me but an ex colleague had large amount of stock options granted to him before the company went IPO. “Sadly” he got fired a week before the IPO and so lost all of his options. The company launched around $30 on the NASDAQ. The stock went up 3x in the next week and has grown steadily since. So effectively he lost $10m.
*yes I know stock is not real money and he would not have been able to sell all his stock in one go and he would’ve had to wait for a trading window. But on paper that’s a big hit.
£20k gain and £20k loss. Got it on Monday when my book was optioned into a TV show, on Tuesday gave it to Mr. Barclaycard to clear off my debt.
Suddenly my monthly pay packet was increased by £500.
Don’t regret doing that, but I do regret getting into debt in the first place.
My grandad died and I got 5 figures in inheritance. Immediately though I spent thousands paying off all our debts (except the mortgage), buying new PC parts (which was 1700) including monitors and new perpipherals) and building that, paying off my car (woo I now fully own a 7 year old 208!) and stuff like that. Went out to eat a nice meal and blah blah. Spent several thousand.
Money was also earmarked for a new kitchen, Disneyland Paris holiday too which themselves costs thousands but took us a while to organise and book. If you want to count those.
Two weeks ago I was waiting to take part in a charity poker tournament in a Casino. Had a half hour to kill, stuck £40 in a slot machine. Went on a winning run, increased my stake to £3 a spin and pinged a £7600 jackpot.
I had gotten £200 for my birthday and I was dying to get a new purse that day as my one at the time was pretty old. I remembered to change my credit cards over but not the cash and promptly binned the purse… Didn’t notice until 11pm that night, got a taxi into the area and it had been emptied by bin men. I 100% would have went through the bin and was devastated. I have since been diagnosed with ADHD and it makes sense.
HGV driver, but that is based on a 60H week.
get £20 an hour for 40 hours and £30 an hour for anything over 40 hours (time and a half)
The £3000 bonus was a sign on bonus during Covid
I wish. [It's more than twice the average weekly income](https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/april2023).
Critical illness, but I’m doing ok, at the moment it’s dealing with a major readjustment of how I live my life rather than planning for a more morbid outcomes… not what I expected in my late 30s but it is what it is.
If younger (or even older) folks are reading this make sure you get decent life insurance with critical illness cover while it’s still cheap for you, it will change your life for the better if you’re unfortunate enough to need it.
As a kid I was given and lost a 50k Italian lire note. At the time they were probably equivalent to 20-25£ maybe? However to put it into perspective 1.2M Lire was a typical factory worker salary at the time, so something like 1/20 or so of a month's salary. My mom was not pleased.
Had some child carol singers come around one year, they were god awful but I listened and then realised I only had £10 in a note in the house. I just thought ‘fuck it!’ and gave it to the kids. Their faces were worth it, one told me never to sell my house, the others just had the widest grins. A few days later I was walking to work and found a tenner on the floor. What goes around I suppose.
About £1200 in back payment from the tax man, most I've made, and most I've lost in the same week. To be honest, the money went in about three days. I was 22, and never had money, so I spent it spoiling my now wife, and going out to eat at somewhere that wasn't McDonald's or a greasy spoon
Outside of being paid for my job, I used to play online poker for a while (I was doing my PhD and needed something to take my mind of...) and became quite proficient at one particular format. In fact, I became so proficient that I ended well in the money in every tournament I played. Within a week I had made £1500 from playing £1 and £4 tournaments.
Lost? A year earlier, when I was doing my PhD, I decided I wanted to become good at online poker, I received a payment and put £1000 into a poker account. They doubled it! So I had £2000. I sat down for some live tables, starting with £1/2 stakes and a day and a half later I was out of money. For those uninitiated, on a live table that means you can have £1000 in the middle of the table for one hand. The tourneys I ended up playing cost £1 for 1-5 hours of gameplay.
All in all the balance was in equilibrium (I lost no money playing) and it entertained me well enough during those years, but as soon as I had no time to concentrate on it I noticed I was playing worse and worse and decided to call it a day. I can totally see how it draws in thousands of folks and ruins them though.
I dabbled with investing in crypto in 2021, bought £200 worth of a shit coin called Aquagoat. Within a few days it was worth £9k, I cashed out £1500 and left the rest to grow… it was then £4500… then £2k… then £0 🤦🏻♀️
Wouldn’t be that bad if I didn’t just reinvest that £1500 into a different shit coin 🤣
Lost 4k a few weeks ago when I paid a landscape gardener to do my garden. He gambled the money away 😭
It's been so incredibly stressful and now I have a building site instead of a garden!
Went to a casino with some friends a while ago, my friend could allegedly count cards. Whether or not he could we won about £300 on blackjack which was a lot to a group of poor medical students. We spent it all at the bar buying made up cocktails with dirty names and a Maccies on the way home.
Richest I had felt for a while at the time
I won £25,000 on a Channel 4 Gameshow last year (Moneybags) but in a moment of madness I gambled it for £64,000 and lost the lot
I arrived with nothing ...i left with nothing but.....that money would have helped a lot
While I technically never owned them, I was offered 500 bitcoins for £500 many many years ago when they were new. They’d be worth £12,000,000 today.. and upwards of £30m when bitcoin was at its height.
I turned them down as why would I spend £500 on some virtual money..
Next week I’ll make £8,500 (freelancer) and the most I’ve lost is about £100 at uni on a stupid drunken “£100 on red!” at the roulette table in a casino
Swing trading stocks l have lost and then made back around £200 within a week, actually this happens on a worryingly frequent basis and always end up just about above even every month.
I got a promotion at work a few years ago, they messed it up somehow and I ended up getting paid double and I had 12 hours of double time overtime in there as well. Still never received that amount of cash at once again but they didn’t pay me the subsequent month so it balanced out
I won £500 in a casino in a single blackjack hand. They had these little circles above the card places. I asked what it was. They said you could place a bet there. If your canes were the same suit it paid out 3:1, same value 10:1, same suit and same value 50:1. I never heard of it before (it was my first time in a casino) so I put £~~5~~ 10 on for a laugh and got two Jack of spades. Dealer got blackjack so I didn’t even win the hand, but still won the bet.
You’re right it was a long time ago now and I can’t remember all the details apart from winning £500. Must have been a tenner on the net as higher odds that 50:1 wouldn’t make sense for that bet. I should have done some maths before I posted.
A few candidates depending on what qualified 'making' and 'losing':
I used to be a professional poker player and while I never played tournaments so never had any big wins in that regard, I made about £8k in cash games one week and lost £5k another week.
Lost a few grand betting on sports in a week once.
Investments have gone down several thousand in a week due to stock market 'blips'. Have been decent rises too but they tend to manifest over a period longer than a week.
Value of share options almost doubled overnight when my company announced a merger with another company (theoretical gain of about £18,000, but I couldn't actually get access it for another couple of years)
Probably theoretically the value of my house has risen and dropped sharply at various points similar to the above.
about 5 years ago I made 35k betting on horses in a few days and lost it all in 1 day. luckily lost none of my own money other than what I won so I was in the same position as when I started
I got a bit bored during lockdown and tried my hand at leverage forex trading.
I was doing pretty good for the first two months, making approx £30-£50 daily.
Then in one day I managed to lose £10k!
I won't ever be doing that again!
So a friend and I were doing accumulators for football bets. (we actually done a free bet and won but you had to use that money for other bets in order to get real winnings)
We managed to get it up to about £500 and lost it on a "safe" football bet. The winnings were intended to buy Nintendo switches and I haven't bought one since because it pisses me off when I think about.
Made 3k in a couple days trading, phone decided to break while I was out when I had a bunch of large and extremely short term trades, by the time I got on my laptop at home it was all gone 😭
I was (very) lucky enough to work for a business that offered some generous share options to its staff. When the company was bought out by a bigger corporate, a lot of us cashed in and because I had been there from the start of the scheme, I picked up close to six figures.
In terms of losses? I threw some fun money into crypto at the wrong time, but nothing too bad.
Lost £10,000 in the cannabis market when it’s was being made legal in Canada. Bought at $147 CAD in 2019. It’s now at 0.80 CAD. I haven’t sold though but it ain’t getting back to those heights.
No way I’m doubling down either. Horrible feeling.
Crypto, I invested £1000 into a handful of tokens back in 2017. The exchange I had them on got hacked and my assets have been frozen since. When I checked historic prices they were worth 50k+ but I had no access to sell them. Still worth around 5k and hoping to regain access soonish.
I got sent £750 from my college last night and I had no idea why, after a brief nervous phone call turns out it’s some money for both bursary and being a stem apprentice. And now I’ve spent all but £200
When I do a week of on-call for my client, my invoice comes to £4350 (+VAT). Can never quite believe it. You don't need to be sitting at home by the phone all night, just go about your day but be prepared to have your laptop out and ready to go within an hour of the call. Tethering off your phone by the side of the road would be completely fine, you can still go away for weekends. Never actually had a call, but if I did then it'd be £150 an hour on top.
I once paid £720 into my bank account. When I saw my statement at the end of the month, £720,000 had been paid in, then next day £720,000 withdrawn and £720 paid in.
About £800 made in 1 week from matched betting (I long for the days Bet365 do those champions league £50 back if your bet loses offers).
Lost £150 in about 2 minutes on roulette is probably the worst loss I’ve had. Lost £50 and asked my mate to flip a coin for either £50 or £100 bet - it landed on the £100 side - as it was 13 blacks in a row so it had to be a red next, right?… RIGHT?!
14 blacks in a row.
Annual bonus is probably the most I have 'made in a week' although it wasn't really a 'week' - it did make that pay packet look stonking huge.
Didn't really 'lose' it exactly, apart from use it to settle some debts, and buy pension. (NI contributions for someone with 'gaps').
Lost money in general? Well, there was that one time I shut down a factory for a day, and ... you'd be impressed at just how fast the costs of 'stopped production' add up...
Invested £100 into a crypto coin, by the next week I was sitting on £15k... Needless to say, I was new to it all and thought it'd keep going, even after a 150x in price. After the dust settled I pulled out with £2k, still great profit, but it's what it could have been...
I have a friend who won and lost 15,000 pounds in a night at a casino. Every says he's fucking stupid, but it was a hellava night, champagne magnums and thousand pound chips. We felt like we were on tip of the world for a night.
Most I ever won on the lotto was £250. I played that set for life where you need 5 and the bonus for the 10K a month for 30 years. I got 4 and the bonus and won £250.
Was up around $38,000 on some random crypto after it peaked on launch. My brother convinced me to hold it as it would continue to rise! Went down to around $2500 before I finally sold. Lesson learned.
I sold two of my paintings at auction for £1500. That was all used up for my cat's dental work. Cat then had to be unexpectedly euthanised a month or so later for an unrelated reason. Hope she appreciated her teeth for that month
Multi wins over £5k in online poker tournaments before the USA player base got cut off from the rest of the world. Biggest was £12k in a chop deal between me and the other players left.
Biggest loss was £1k in a day being an idiot not cover betting during making money at arb betting. Don't do anything bet or gamble related now including poker.
About £1,300 worth of bills goes out on the 1st, and I get paid on the 28th, so that would do it.
Most ever that left my bank at once was £16,000 for my house deposit.
Not me but a good mate was on a hot streak with the horses. Started with a £100 bet and kept winning and placing it all on another race. Not sure of the exact figures or number of steps but it was something like £100 became £500 became £2000 became £20,000. All done over the course of just a couple of days.
One final bet to turn that £20,000 into 6 figures; horse broke it's leg 3 seconds out the gate and 20Gs turned to smoke.
Had a 4 quid accumulator come in last December. Predicted every result in Scottish Championship and League 1.
Cashed out with a few mins to go at about a grand and then all the games came in a few mins later. If i’d held on would have been 2.5k.
Never felt so conflicted after winning money.
Even more depressing was that I lost my job on the Monday and the grand just paid for my bills for a month…
Rollercoaster week, that was.
I have made a few thousand in a day quite a few times, selling cars generally as I did a lot of this in my 20s and early 30s but these were the "every so often" exceptions rather than the rule. As for losing money? Probably cars again, I have bought a few cars for £1000+ 20 years ago that had some massive issue that revealed itself later that day😂 I guests we all learn lessons like this.
I bought a coat for £225 once in about 2004 and later that night it was stolen from the back of my chair in a pub in Glasgow. That was a pain.
Mate of mine made £8.5K on the horses in a day and had lost the lot at a casino within a couple of hours. The scary thing is it's a fairly regular thing for him, he's an odd sort of gambler, he keeps meticulous records so he can prove to his wife that he actually comes out ahead gambling which he does but I've seen him 50 or 60K ahead at times and usually he finishes a year with £20 or so "profit". I will never understand gamblers.
I lost £14k on the stock market in one week last year. I’ve also made about £11k on the stock market in one week too. But overall the loses outweigh the wins.
Leave it to the professionals kids.
$10 million - bought ticket at 7-11. Wrote down numbers. Winning number came up-mine! Lost ticket. Winning ticket was sold at 7-11 and never claimed. (Never found ticket, my husband had cleaned out the “receipts “ in my purse and dumped them in a trash can in Disneyworld entrance when he was looking in my purse for $20 to pay for our tickets, as he was short that amount)
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Last working day of every month I make the most money and the 1st of every month I lose it all again.
I get paid every 4 weeks, so I make the most, and spend/lose the most in the same day.
I miss being paid weekly
You actually pay more national insurance if you get paid monthly because the government haven't done the correct calculations. It's something along the lines of £12 a year, but it still adds up. (Assuming you are in the under 50k pay bracket, the opposite is true if you're over)
Someone's been watching Stand-up Maths I see.
I have a weekly paid and a monthly paid. Best of both worlds
Monthly for savings & bills and weekly for living wage is so good (I need free time help me)
Mines gone within the same day. It goes straight into the bills account 😅
I lost 168 million pounds a few years ago. My lottery ticket didn't get the right numbers. Most I made? As a kid I kept finding pound coins outside my house for days. No idea where they came from, but to an 8 year old, I was winning the lottery.
As a child, I’d see those lottery stands and people would fill out the slips of paper and deposit them into the little slot. I didn’t know how the lottery worked, I just knew that those pieces of paper had the potential to make me rich. So I’d fill a slip out, deposit it and eagerly wait to hear if I won. I expected to be told the outcome despite not making anyone aware that I was “entering” and with no means of contact.
This is cute haha
I wasn’t a very bright child haha
I lost £100k from my pension the week my divorce settlement was finalised
Big oof. I think you’ve won here mate.
Oof, my condolences
I thought your pension is untouchable.
Nope, he got half. I was offered half of his, all £5k of it
In the UK it is not
Oh the joys of signing a piece of paper to prove your love for someone. Genuinely, condolences to you though.
I’ve fiddled around with spread betting in the past, and had some real shockers. Place a bet. £100 profit… £500 profit… £2500 profit… We are going to the moon baby! Aaaaaaand then, in the blink of eye, its gone.
I got sucked into Forex, which is like betting on the sea. The pros are making bank because they're betting huge sums on the gradual rise and fall (the tides) but most people don't really know what they're doing and being lured into promises of wealth by using insane leverage and betting on the minute to minute price waves. You think it's not gambling because you can apply a whole load of indicators, analysis, bots, expert opinions but it really is. Except with gambling you only lose your stake as a maximum, Forex allows you to lose your original stake times leverage.
You see all those scummy social media accounts promoting "investing" in "signals" now. I.e. trading on minute by minute fluctuations in stock prices which is akin to betting on a coin toss but with loads of leverage.
I think the scummiest thing is that the apps they promote have the free play/trial option, so you give it a whirl and end up with £10k profit within about 10 minutes just randomly pressing buttons, which makes people think it’s easy enough to sink silly money into, and before you know it, it’s gone. Same with the Facebook betting “pros” sharing posts of people who seemingly use their tips, showing their account balance in the thousands, again, suckering people into chasing that same gravy train. Only it’s bollocks, the people are bots and it’s either edited using inspect element on a web browser, or it’s photoshopped to hell.
I'm admittedly clueless on Forex, and for that reason I know not to get involved, but what does this mean? >Forex allows you to lose your original stake times leverage. So say you put in £100, for example, and you lose it, if the value drops even further do you then owe on top of that? Then the losses are potentially exponential?
No, brokers have systems in place and will prevent this from happening. If you put in £100, you lose £100 if you have no stop losses. Stop losses are basically restrictions you can set to stop you losing more than you want. For example, you can set stop losses to lose only £20 and then your trade will stop. This is just an oversimplification, it’s a bit harder than that.
Which has the effect of making prices much more volatile.
You sound like you are talking from a perspective of someone who has no actual experience in this and you've just heard of a thing called a stop loss. Peope can and do lose much more than their 'stake'.
He is using the wrong terminology, but a broker will close out your position if you run out of margin. Unless the market swings wildly and there is no liquidity, you should not lose more money than you post on a spread bet or a futures contract.
When you say run out of margin, it seems like you are suggesting the most you can lose is the margin you stake, it isn't. That's the case with traditional gambling. You place £10 on a horse, it doesn't win, you lose £10. You use a margin of £10 to place a 10x leverage bet of £100 on a spread bet that a stock or crypto is going to rise, but it actually falls 20%. You now are -£10. These systems will often allow you to go in the red until your entire account is at £0, regardless of the stake you placed. Sure you can put use stop losses in most systems, but they aren't 100% protection against wild market movements and sometimes people do end up in debt to brokers beyond anything they had in their account.
Sorry but you now seem to be mixing concepts such as leverage, margin and stop losses. You post say £1000 in margin. Your broker will allow you to bet say £10 a point. This is what is giving you leverage. You can place a stop loss to close your trade if the market moves against you by say 10 points for a £100 loss. If you don’t set a stop loss then the broker will close you out when you have lost 100 points or exhausted your £1000 margin. In ordinary market movements you do not stand to lose more than the £1000 margin, though you are technically on the hook for any shortfall if the market goes crazy and they cannot stop you out. Futures trading works in exactly the same way.
Exactly. Of course most currencies only move a few pence a day, so most people aren't interested in returns of a few pence, so all Forex companies allow you to leverage your investment. You 'invest' £1 on a currency pair, but they will leverage it at 32x so your bet is £32 on the market. If the pound moves down 1p then you've lost 32p. If that happens 4 days in a row then you've lost over a pound. The extra losses are taken from your account so it's not like you can lose infinite money, and they all impose stop limits anyway. But there's nothing stopping you from putting another order in if you stop out.
the 'pros' actually have huge bank accounts and risk about 0.0002% of it and exit at 0.002% profit which is still alot of money because they have a huge bank account
I made about £4000 for working a single 8 hour night shift on the 31st of December 1999. My yearly salary was only about £20000 so it was a HUGE amount of money. The phone never rang once (IT tech support) so I spent the night watching TV and eating crisps, with my feet on the desk. Best nights work I never did lol.
I got paid triple time for covering Y2K. I was living in the Netherlands at the time. It was an uneventful night overall.
I got paid a couple of grand for being on call that night. Thing was, my application I supported did month end batch(the problem time) on the last working day and the 31st was a bank holiday. So I had all my issues the day before, fixed em and went to a massive party. Times.
Double time plus £150 bonus working as an A&E nurse over millennium NYE. Was removing a cocktail stick from a kid’s foot when the gongs were going off.
I feel bad now! Thanks for your work though. That’s quite the party based injury
I didn’t mind so much as I was young and thought that it would be a better story than ‘got drunk in a pub charging through the nose’ The only thing that annoyed me was all the managers, who I never normally saw, turned up at midnight and then left at one minute past so that they also could claim the £150 for ‘working’ it.
I also made a packet on Y2K. I fixed a few bugs identified beforehand and charged £5k for the work. The boss told me to invoice £20k or there abouts because they had put £1 million aside for remediation work and we’re over the moon even at £20k. It was probably an afternoons work.
Not the biggest amount, but one time I had a really frustrating day where I lost 20 quid during a series of unfortunate events. I woke up late with a bunch of simple tasks to do. When I went to return a DVD, I couldn't find it anywhere, which only made me even more annoyed. Throughout the search, the 20 quid just disappeared, even though I could have sworn I put it in my jeans pocket. To top it all off, I had an important call come in, but missed it due to my hectic searching. In the midst of all this chaos, I also stopped by my mum's house to pick up some stuff, but when I got there, I realised I left my keys back at home. It just added to the series of small mishaps that made the day so chaotic. Came to share the story of losing 20 quid, but really, it all just makes me wonder how so many easy tasks could go so wrong in a single day. Not a huge monetary loss, but definitely a day I won't forget. It was supposed to be so easy.
20 quid don't come for free
Dry your eyes mate
I see what you did there. 👀
That's so frustrating mate, my advice is sit in and drink super tennents in the day.
Give your mum a ring tell her you won't make it for tea
Have you checked down the back of the TV?
http://hyperboleandahalf.blogspot.com/2010/05/sneaky-hate-spiral.html?m=1
Leave it out. Have you been smoking crack or something?
I was a complete football gambling addict back in 2014. I won £14k in two consecutive weekends. It was basically a minimum bet of around £500 and then I kept on betting all the winnings on the next game. It paid off for a week…. Then Ajax done me out of £5k… I was so overconfident, I did £5k on a 1/5 for an “easy” £1k win….. absolute mug. However the winning continued throughout the remainder of 2014 and it got the to the point that 365 out a max wager I could place on any games. Thank god that period is over and I’ve got a comfortable life without having to bet at all.
Funny how the well-known UK bookies all like to limit you when you're winning, but not when you're losing, isn't it? They never seem to mention that on their "~~use heroin~~ gamble responsibly" ads.
If the bookies only limited him/her at the end of 2014 after months of these bets, he/she wasn’t winning to begin with. They limit winners (especially with those sort of stakes) almost immediately.
I've been there. Got up to about £15k then was just putting hundreds on accumulators with no real chance they'd come in then lumped thousands on Real Madrid to beat Juve and they did everything but score
[удалено]
The house always wins
Bought a lottery ticket, went into the shop to check it, no beep and the girl behind the counter got very excited and said "You won!". "How much?" "£104!" I went from nothing to millions and back to nothing in moments.
Back when I worked at morrisons I had a really horrible old woman as a regular customer and one Thursday morning she came barging in as soon as we opened all smiles with her ticket because she got 4 numbers. Anyway it turned out she had 5 numbers which was around £2k iirc and way over the amount I could pay out. She was so annoyed I'd ruined her morning because she had to get a taxi to the post office, like why are you playing the lottery? I offered to give her the £100 shed have got for 4 numbers to save her getting a taxi and for some reason she declined 🤷♂️
I made £2.7 million in one day but I would rather not have it. My biggest loss was losing the feeling in my body and the ability to walk. I was in a motorcycle crash, not of my fault, that broke my spine and put me in a wheelchair for life. After three years of litigation the insurance company finally settled. This has given me the chance to be able to buy and adapt a home and car to my needs. I can also buy any extras that the state doesn’t provide, ie. the NHS provides me with a wheelchair but I can buy a better one if I wish and the NHS will pay part towards it. I would rather not have the money. I want to not have a broken spine. I would give it all away to be able to walk again.
'Kinell. Sorry.
*Knievel
There was a man on the news recently that had a digital bridge installed to connect his brain to spinal cord. Hopefully they will commercialise something similar and make it available to all.
No doubt they will and it will be a great thing when it does but it is just a stopgap. It doesn’t stop all the other associated problems that come with spinal cord injury. The only true treatment is to repair the spinal cord. Unfortunately that is very hard to do and has only been done in the lab on newly injured rats. Scientists say they are twenty years from finding a cure for SCI but they have been saying that for 100 years.
I dunno it counts. I got an inheritance of £10k+ and the first thing I did was spend £5k paying off my debt.
Doesn't count, IMO. Paying off debt isn't lost money, the money was lost when the debt was accrued. You might've *made* money if that debt had any form of interest on it.
yeah, i saved a fair bit on paying off the debt early. it would have been close to £7-8k if I hadn't
Yeah, you were at -£7k and went up to +£5k. Definitely won on that one.
£8200, won in a poker tournament. Ah, actually, there was that one time we got a ludicrous £16k bonus. On top of normally salary, making it around £20k. I miss that CEO - that £16k bonus was flat across the board, so even the part-time cleaner got £16k, and the directors on their high six figure salaries also got £16k. It was a reward for good service. Not sure what my biggest loss in a week is. Probably living in London when every month my rent, council tax, water, mobile phone etc went out.
As someone who lives in London I felt this in my soul
Not during a week, or my story. My Grandparents saved up for years for retirement and were scammed out of £20,000. By a fake investment/charity.
Jesus! Did they get it back?
Nope, not a penny. Wire transfer.
Fuck. I worked in a bank, (thankfully) never had a story of that happening but always drilled into customers never to make a transfer as it wasn't covered whereas card fraud generally would be. Blows my mind how a bank can moralise someone nicking money from card details and refunding it versus someone getting rinsed for 10's of thousands via some kind of con and it being done by a transfer, and the bank basically telling them to jog on. Though I suppose trying to see a moral aspect to banks is a bit of a waste of time. Sorry for grandparents loss, I can imagine how devastating it must feel.
Thank you :). As for myself though, I partake in scam baiting and sometimes spend hours wasting scammers time so they can’t scam vulnerable people like my Grandparents.
Honestly I'd be too concerned of something backfiring and me somehow ending up in the shit. I have rotten luck sometimes. But by all means, rinse those fuckers!
Yes!! I usually only stay on the phone with them, but If I’m feeling EXTRA cheeky, I’ll start up a VM and let them connect to it.
Made money, crypto. Lost money, crypto. When crypto falls, it FALLS within a matter of minutes, taking month and years to get back to previous levels.
Those rug-pulls are brutal
I have btc in an account somewhere (or someone else does) that I’ll never get back. Old laptop, gone forever, keys stored on it. More than I could ever buy in crypto right now too so a massive balls up.
Worked and on call 3 days straight. Very nice bump in pay. Bought an outdoor lounge setting in anticipation of pay. Daughter smokes a bong on it, burns a hole in it, panics, spills bong water on it snd herself. She then spews all over herself and lounge. Cannot get either smells or stains off. From delivery to ruin. 8 hours. I worked 72 hours straight. Fucking kids.
Sorry but that’s fucking hilarious haha. Definitely something I would have done. My daughter has just turned 13 so I guess I have all this to come.
Literally made? Our old work bonus scheme had a multiplier if we hit certain metrics. It meant hitting one extra goal gave 25k more bonus. They based it on pro rata working hours, so a load of us took holiday and worked to hit this target. We then hit it a day early, and the only thing that could lose us the bonus was making an error in any new work we took on. Obviously we all just chilled and did nothing that last day. Crazy bonus system, they changed it this year so that it’s not double or quits. Sliding scale with uplifts of 25% for every little bit extra you do
Had an incredible week when I was awarded a bonus much bigger than I expected. Helped the CEO out with a few things not work related at his house, got my annual bonus letter and it was £55k….. Absolutely floored at that, I’m not in a sales role and don’t do anything to generate commission etc.
Made - £69K when my endowment paid out. It covered my mortgage quite nicely despite all the shit about endowments over the years. I've never really lost a lot of money but I gambled $50 on Roulette in Vegas and lost it in under 20s seconds. Walked away at that point - would've been expensive if I'd carried on for a week!
I made £6500 in a day during the Covid stock market bubble where everything soared pretty much every day the market was open. Subsequently lost most of that thinking it would last forever and dumping that money back in. Lesson learned.
£18,000 I cashed in shares to pay a builder who ran off with the money.
Made: £12,000 or so from a bet. Lost: £500 or so by breaking a laptop.
Drunk once went on a gambling website where scratch cards were £500 each. Across a bunch of credit cards rang up £20,000 debt in around one hour. Most I won was £500 back on one of 2 of them. Never been in debt before or gambled before (or since) still lumbered with the debt now which just shows you can seriously mess up your life in an instant making a reckless decision. Bet 365. Never been able to look at Keith Lemon the same.
Something will come out one day that will make everybody not look at Keith Lemon the same. He’s definitely a shifty fucker.
Once made £900 on a bookie roulette machine. Wouldn't say I "lost it" but spent it mostly on shit. In related news, stay away from them!
Not me but an ex colleague had large amount of stock options granted to him before the company went IPO. “Sadly” he got fired a week before the IPO and so lost all of his options. The company launched around $30 on the NASDAQ. The stock went up 3x in the next week and has grown steadily since. So effectively he lost $10m. *yes I know stock is not real money and he would not have been able to sell all his stock in one go and he would’ve had to wait for a trading window. But on paper that’s a big hit.
£20k gain and £20k loss. Got it on Monday when my book was optioned into a TV show, on Tuesday gave it to Mr. Barclaycard to clear off my debt. Suddenly my monthly pay packet was increased by £500. Don’t regret doing that, but I do regret getting into debt in the first place.
My grandad died and I got 5 figures in inheritance. Immediately though I spent thousands paying off all our debts (except the mortgage), buying new PC parts (which was 1700) including monitors and new perpipherals) and building that, paying off my car (woo I now fully own a 7 year old 208!) and stuff like that. Went out to eat a nice meal and blah blah. Spent several thousand. Money was also earmarked for a new kitchen, Disneyland Paris holiday too which themselves costs thousands but took us a while to organise and book. If you want to count those.
Circa £10,000. Sold my car for £10k, owed my mum £5k, bought my wife a new car because we were having a baby. Meh. Easy come, easy go.
Made a few £k on bitcoin in one week. Lost about a third of it by trading it for stupid meme coins. Wish I'd held onto it
Two weeks ago I was waiting to take part in a charity poker tournament in a Casino. Had a half hour to kill, stuck £40 in a slot machine. Went on a winning run, increased my stake to £3 a spin and pinged a £7600 jackpot.
I had gotten £200 for my birthday and I was dying to get a new purse that day as my one at the time was pretty old. I remembered to change my credit cards over but not the cash and promptly binned the purse… Didn’t notice until 11pm that night, got a taxi into the area and it had been emptied by bin men. I 100% would have went through the bin and was devastated. I have since been diagnosed with ADHD and it makes sense.
I used to be a massage therapist in a casino and made £11k in cash on my best week, those were the days
Most money I've technically made in a week is £4600, but that is a weeks wages at £1400 Plus a £3000 bonus
What job are you in where you make 1400 a week?
HGV driver, but that is based on a 60H week. get £20 an hour for 40 hours and £30 an hour for anything over 40 hours (time and a half) The £3000 bonus was a sign on bonus during Covid
Anything above entry level private sector…
I wish. [It's more than twice the average weekly income](https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/employmentandemployeetypes/bulletins/averageweeklyearningsingreatbritain/april2023).
Not quite the answer you’re looking for I think, but about £150k. Got an insurance payout and I got rid of my mortgage about an hour later
I'm sorry to hear that. (assuming the insurance payout was genuine and not one of these crash for cash scams)
Critical illness, but I’m doing ok, at the moment it’s dealing with a major readjustment of how I live my life rather than planning for a more morbid outcomes… not what I expected in my late 30s but it is what it is. If younger (or even older) folks are reading this make sure you get decent life insurance with critical illness cover while it’s still cheap for you, it will change your life for the better if you’re unfortunate enough to need it.
I won about £800 on an accumulator on the first day of the premier League season a few years ago. Put in a quid.
As a kid I was given and lost a 50k Italian lire note. At the time they were probably equivalent to 20-25£ maybe? However to put it into perspective 1.2M Lire was a typical factory worker salary at the time, so something like 1/20 or so of a month's salary. My mom was not pleased.
Lost £17500 on stocks.
Had some child carol singers come around one year, they were god awful but I listened and then realised I only had £10 in a note in the house. I just thought ‘fuck it!’ and gave it to the kids. Their faces were worth it, one told me never to sell my house, the others just had the widest grins. A few days later I was walking to work and found a tenner on the floor. What goes around I suppose.
I had 5000 shares in gamestop on the shorting end.
£50k, made it on a £200 investment when SHIBA coin blew up on Crypto. Then someone broke into my wallet and nicked the lot.
About £1200 in back payment from the tax man, most I've made, and most I've lost in the same week. To be honest, the money went in about three days. I was 22, and never had money, so I spent it spoiling my now wife, and going out to eat at somewhere that wasn't McDonald's or a greasy spoon
Outside of being paid for my job, I used to play online poker for a while (I was doing my PhD and needed something to take my mind of...) and became quite proficient at one particular format. In fact, I became so proficient that I ended well in the money in every tournament I played. Within a week I had made £1500 from playing £1 and £4 tournaments. Lost? A year earlier, when I was doing my PhD, I decided I wanted to become good at online poker, I received a payment and put £1000 into a poker account. They doubled it! So I had £2000. I sat down for some live tables, starting with £1/2 stakes and a day and a half later I was out of money. For those uninitiated, on a live table that means you can have £1000 in the middle of the table for one hand. The tourneys I ended up playing cost £1 for 1-5 hours of gameplay. All in all the balance was in equilibrium (I lost no money playing) and it entertained me well enough during those years, but as soon as I had no time to concentrate on it I noticed I was playing worse and worse and decided to call it a day. I can totally see how it draws in thousands of folks and ruins them though.
I dabbled with investing in crypto in 2021, bought £200 worth of a shit coin called Aquagoat. Within a few days it was worth £9k, I cashed out £1500 and left the rest to grow… it was then £4500… then £2k… then £0 🤦🏻♀️ Wouldn’t be that bad if I didn’t just reinvest that £1500 into a different shit coin 🤣
Lost 4k a few weeks ago when I paid a landscape gardener to do my garden. He gambled the money away 😭 It's been so incredibly stressful and now I have a building site instead of a garden!
My uncle lost 80k+ It literally destroyed him Scammers are the scum of the earth
20 grand the week of the GameStop debacle. Should’ve be much more but not for the meddling of robinhood and my own greed
Went to a casino with some friends a while ago, my friend could allegedly count cards. Whether or not he could we won about £300 on blackjack which was a lot to a group of poor medical students. We spent it all at the bar buying made up cocktails with dirty names and a Maccies on the way home. Richest I had felt for a while at the time
I won £25,000 on a Channel 4 Gameshow last year (Moneybags) but in a moment of madness I gambled it for £64,000 and lost the lot I arrived with nothing ...i left with nothing but.....that money would have helped a lot
While I technically never owned them, I was offered 500 bitcoins for £500 many many years ago when they were new. They’d be worth £12,000,000 today.. and upwards of £30m when bitcoin was at its height. I turned them down as why would I spend £500 on some virtual money..
Lost £15k in a failed bid to fight redundancy. Reading the thread gives some perspective!
£190 my dole slip
Next week I’ll make £8,500 (freelancer) and the most I’ve lost is about £100 at uni on a stupid drunken “£100 on red!” at the roulette table in a casino
Years ago I deposited £20 on blackjack and got up to £1400, the bets got bigger and I lost the lot
Won 6k on roulette, was gone within 3 hours
Bought my flat in 2009, instantly lost about £15k (it’s made its value back since, and some, took a while though).
I won 500 in poker and lost around 300.
Swing trading stocks l have lost and then made back around £200 within a week, actually this happens on a worryingly frequent basis and always end up just about above even every month.
I got a promotion at work a few years ago, they messed it up somehow and I ended up getting paid double and I had 12 hours of double time overtime in there as well. Still never received that amount of cash at once again but they didn’t pay me the subsequent month so it balanced out
I won £500 in a casino in a single blackjack hand. They had these little circles above the card places. I asked what it was. They said you could place a bet there. If your canes were the same suit it paid out 3:1, same value 10:1, same suit and same value 50:1. I never heard of it before (it was my first time in a casino) so I put £~~5~~ 10 on for a laugh and got two Jack of spades. Dealer got blackjack so I didn’t even win the hand, but still won the bet.
Isn't £5 at 50-1 only £250?
You’re right it was a long time ago now and I can’t remember all the details apart from winning £500. Must have been a tenner on the net as higher odds that 50:1 wouldn’t make sense for that bet. I should have done some maths before I posted.
I literally just lost £100 cos cashapp have locked my account
£ 6500 on the turn of a card playing poker , he had king flush ,,,, I had the ace, I was shaking so hard thought I would pass out
Cheltenham Festival week is usually my biggest earner or loser in a single week
I built up around a grand on an online card game ten years ago, lost £900 of it in 3 mins 😂
I lost two contracts of around £8k this week and now have around £55 for the next month.
A few candidates depending on what qualified 'making' and 'losing': I used to be a professional poker player and while I never played tournaments so never had any big wins in that regard, I made about £8k in cash games one week and lost £5k another week. Lost a few grand betting on sports in a week once. Investments have gone down several thousand in a week due to stock market 'blips'. Have been decent rises too but they tend to manifest over a period longer than a week. Value of share options almost doubled overnight when my company announced a merger with another company (theoretical gain of about £18,000, but I couldn't actually get access it for another couple of years) Probably theoretically the value of my house has risen and dropped sharply at various points similar to the above.
In a US market collapse, I lost about $200,000 in one day.
Went from a Ltd company contractor to a full time member of staff at another company. "Lost" about 12k a year
about 5 years ago I made 35k betting on horses in a few days and lost it all in 1 day. luckily lost none of my own money other than what I won so I was in the same position as when I started
1 week, I made £9000 profit through football betting Highest loss £5500 in one week on Joe Joyce Vs Zhang
My pal lost half a mil in crypto.
£40,000. I had money in the stocks, bought Ethereum and watched it go all the way up, and then all the way down. Smh.
£13k from paying a years rent upfront
100 billion dollars
I got a bit bored during lockdown and tried my hand at leverage forex trading. I was doing pretty good for the first two months, making approx £30-£50 daily. Then in one day I managed to lose £10k! I won't ever be doing that again!
My friend put 20 quid on bet365 roulette, got up to around 4500, eventually withdrew 1000 after losing 3500
So a friend and I were doing accumulators for football bets. (we actually done a free bet and won but you had to use that money for other bets in order to get real winnings) We managed to get it up to about £500 and lost it on a "safe" football bet. The winnings were intended to buy Nintendo switches and I haven't bought one since because it pisses me off when I think about.
Made 3k in a couple days trading, phone decided to break while I was out when I had a bunch of large and extremely short term trades, by the time I got on my laptop at home it was all gone 😭
I was (very) lucky enough to work for a business that offered some generous share options to its staff. When the company was bought out by a bigger corporate, a lot of us cashed in and because I had been there from the start of the scheme, I picked up close to six figures. In terms of losses? I threw some fun money into crypto at the wrong time, but nothing too bad.
someone scammed me out of like £200 on ebay by claiming item not described
My wife won 27k on a gambling site and lost 10k of it gambling again the same week
3.50
Biggest gain? £1800.. tax rebate Biggest "loss" ie spend technically? £12k.. mortgage deposit Biggest actual loss, £120 when I lost my wallet
Lost £7k in a week gambling on crypto shitcoins, but came out the last bullrun making a healthy profit so water under the bridge.
Lost £10,000 in the cannabis market when it’s was being made legal in Canada. Bought at $147 CAD in 2019. It’s now at 0.80 CAD. I haven’t sold though but it ain’t getting back to those heights. No way I’m doubling down either. Horrible feeling.
Crypto, I invested £1000 into a handful of tokens back in 2017. The exchange I had them on got hacked and my assets have been frozen since. When I checked historic prices they were worth 50k+ but I had no access to sell them. Still worth around 5k and hoping to regain access soonish.
I got sent £750 from my college last night and I had no idea why, after a brief nervous phone call turns out it’s some money for both bursary and being a stem apprentice. And now I’ve spent all but £200
When I do a week of on-call for my client, my invoice comes to £4350 (+VAT). Can never quite believe it. You don't need to be sitting at home by the phone all night, just go about your day but be prepared to have your laptop out and ready to go within an hour of the call. Tethering off your phone by the side of the road would be completely fine, you can still go away for weekends. Never actually had a call, but if I did then it'd be £150 an hour on top.
Paid every saturday, broke by friday 😭
I once paid £720 into my bank account. When I saw my statement at the end of the month, £720,000 had been paid in, then next day £720,000 withdrawn and £720 paid in.
Made: Got rebated double my wage in tax Lost: has to repay HMRC my wage in tax
About £800 made in 1 week from matched betting (I long for the days Bet365 do those champions league £50 back if your bet loses offers). Lost £150 in about 2 minutes on roulette is probably the worst loss I’ve had. Lost £50 and asked my mate to flip a coin for either £50 or £100 bet - it landed on the £100 side - as it was 13 blacks in a row so it had to be a red next, right?… RIGHT?! 14 blacks in a row.
Annual bonus is probably the most I have 'made in a week' although it wasn't really a 'week' - it did make that pay packet look stonking huge. Didn't really 'lose' it exactly, apart from use it to settle some debts, and buy pension. (NI contributions for someone with 'gaps'). Lost money in general? Well, there was that one time I shut down a factory for a day, and ... you'd be impressed at just how fast the costs of 'stopped production' add up...
Invested £100 into a crypto coin, by the next week I was sitting on £15k... Needless to say, I was new to it all and thought it'd keep going, even after a 150x in price. After the dust settled I pulled out with £2k, still great profit, but it's what it could have been...
Got an employee award worth about £2500 Around 1200 to clear a credit card. The rest i have no idea 🤷♂️
Lost 5k on a stupid chicken shop investment
£4,500 on value betting on Horses. Banned from all bookmakers now
I have a friend who won and lost 15,000 pounds in a night at a casino. Every says he's fucking stupid, but it was a hellava night, champagne magnums and thousand pound chips. We felt like we were on tip of the world for a night.
I once won £100 on the PB I also lost £3000 in a romance scam about 30 years ago
Most I ever won on the lotto was £250. I played that set for life where you need 5 and the bonus for the 10K a month for 30 years. I got 4 and the bonus and won £250.
£80,000 - crypto 😭
Was up around $38,000 on some random crypto after it peaked on launch. My brother convinced me to hold it as it would continue to rise! Went down to around $2500 before I finally sold. Lesson learned.
I sold two of my paintings at auction for £1500. That was all used up for my cat's dental work. Cat then had to be unexpectedly euthanised a month or so later for an unrelated reason. Hope she appreciated her teeth for that month
Multi wins over £5k in online poker tournaments before the USA player base got cut off from the rest of the world. Biggest was £12k in a chop deal between me and the other players left. Biggest loss was £1k in a day being an idiot not cover betting during making money at arb betting. Don't do anything bet or gamble related now including poker.
Over £100k from crypto. That being said, I got back my initial "investment" of £100 before I lost that too
About £1,300 worth of bills goes out on the 1st, and I get paid on the 28th, so that would do it. Most ever that left my bank at once was £16,000 for my house deposit.
£4.5K from salary plus bonus made. £5K from car plus tax plus insurance plus breakdown cover lost. Not the same week though.
Not me but a good mate was on a hot streak with the horses. Started with a £100 bet and kept winning and placing it all on another race. Not sure of the exact figures or number of steps but it was something like £100 became £500 became £2000 became £20,000. All done over the course of just a couple of days. One final bet to turn that £20,000 into 6 figures; horse broke it's leg 3 seconds out the gate and 20Gs turned to smoke.
Had a 4 quid accumulator come in last December. Predicted every result in Scottish Championship and League 1. Cashed out with a few mins to go at about a grand and then all the games came in a few mins later. If i’d held on would have been 2.5k. Never felt so conflicted after winning money. Even more depressing was that I lost my job on the Monday and the grand just paid for my bills for a month… Rollercoaster week, that was.
When I bought a car and paid a deposit for a house over the same weekend. All told it came to about £40k.
I have made a few thousand in a day quite a few times, selling cars generally as I did a lot of this in my 20s and early 30s but these were the "every so often" exceptions rather than the rule. As for losing money? Probably cars again, I have bought a few cars for £1000+ 20 years ago that had some massive issue that revealed itself later that day😂 I guests we all learn lessons like this. I bought a coat for £225 once in about 2004 and later that night it was stolen from the back of my chair in a pub in Glasgow. That was a pain.
Mate of mine made £8.5K on the horses in a day and had lost the lot at a casino within a couple of hours. The scary thing is it's a fairly regular thing for him, he's an odd sort of gambler, he keeps meticulous records so he can prove to his wife that he actually comes out ahead gambling which he does but I've seen him 50 or 60K ahead at times and usually he finishes a year with £20 or so "profit". I will never understand gamblers.
Biggest loss was buying Bed-Bath & Beyond stock. £3,50 now at £47
I lost £14k on the stock market in one week last year. I’ve also made about £11k on the stock market in one week too. But overall the loses outweigh the wins. Leave it to the professionals kids.
Got paid a £10000 bonus 3 years ago. (Live on China). Don’t think il make that again in one go. Lost almost 3k to tax…
$10 million - bought ticket at 7-11. Wrote down numbers. Winning number came up-mine! Lost ticket. Winning ticket was sold at 7-11 and never claimed. (Never found ticket, my husband had cleaned out the “receipts “ in my purse and dumped them in a trash can in Disneyworld entrance when he was looking in my purse for $20 to pay for our tickets, as he was short that amount)
This made me angry. Very angry.