Sticky Situation With the Bookie...Thoughts/Advice...

So I started off the season quite hot, taking roughly 800-2,200 a week from the bookie.  I don't know my bookie personally, I go through one of my buddies and he meets up at the drop where he pays on Tuesdays and gets paid on Fridays.  Anyway, this last month I've been getting hammered.  We have a 7,000 limit, and on the last week of October I had to pay 7,000.  Then, the week later, I had to pay 3,000.  Last week I won 2,100 and got paid this Friday.  I blew the account again this week, so its down another 7,000 and I have to pay on Tuesday.  Now I realize that he was paying weekly with no problem (one week he was late by four days), but now i'm in over 6k to him total.  (I was up a good amount) 

My credit card is maxed out so I can't paypal until I get another one in the mail, and I already told my buddy to call and close out the accounts.  I graduated from college over a year ago and got a stable job, but no where the amount to come up with 7K in one week.  Should I ask him for a payment plan?  My options of borrowing money is gone, due to the fact that I live on my own and that my buddies have also lost a shitload this year. 

Though many of you may say I shouldn't have betting with money I didn't have, I really didnt expect this implosion.  It all happened on Monday of this week (so ive been down the whole week, and didnt dare to ask for a limit increase)....Started off with the Bills half for 1500, followed by the Clippers half -2.5 (Roger Mason Jr. hit a 3 to make me lose by half a point), 2000, followed by the Memphis/UMASS Over 2nd half (guy couldn't hit one out of three free throws at the end of the game, lost by a point) for 2500, followed by me trying to flip 1,000 into 7,000 on the online casino. 

Three horrible beats in a row, and I stuck a fork in myself.  This whole week I brainstormed ideas of coming up with a quick 7K, but nothing really panned out.  I have a paycheck coming up in a week for roughly 1600, but other than that, the checks won't be coming in for another 2 weeks.  Thus, it would take roughly a little over 2 1/2 months to pay the book back without gambling.  I hung it up for good (just too many highs and lows for me) but im in a pretty shoddy situation. 

I figure maybe someone on covers.com will know the best way to handle this situation.  please, no responses of betting big on one game this week, running away, etc.  Thanks in advance guys!

Looks like you have no choice but to do a payment plan.

quit gambling for life

Your bookie is a businessman---3-4 months to get his 7k is definitely going to be do-able for him. Think about it....3-4 months is not that long of a time---he will really have no choice but to put you on the plan. Just make sure when he asks you how much time you need, you are able to factor in paying your bills and being able to eat food. You'll be alright...just make sure you quit gambling for good...you will see that the stress will fade away and the desire will too. Keep us updated on how your bookie responds. Even if your bookie is connected, as long as you draw up some type of reliable payment plan, you will be ok.

Before you give him shit, learn to read. $1600/2 weeks. Because everyone makes $1600 a week one year out of college. Dumbass.

Good luck man.

The worst option is to try to bail on this, even if you think you got away from it, you never truly will.


 


Bookies are used to excuses and bullshit, they almost expect it.


The best option is to grow a pair, be a man, and tell the guy the truth, you have a gambling problem and got over your head.  I'm sure the bookie will understand, but he will probably give you some shit to make you feel a little worse about it than you already do..
Remember, you can't squeeze blood from a rock, it just won't work.
 Next part of the plan, thank God for giving you a good job in this pathetic Economy.     Now, try  not to fall down the same hole, cause it will be deeper next time

Relax there Tex,  the fact that he is earing $1.600/ 2 weeks furthers my point.  That is in way over your head, and if he had proper money management this would not happen.  This is the kind of shit that happens when you have no discipline.

 

These are something that people wouldn't do for cash in normal circumstances, but since you need cash right away, here are some options to think about.

1. Do you have a decent car?  Go to your bank and take out a loan. The bank will use your car as a collateral and they'll put a lien on it. The interest is going to be a little high, but you need cash asap, so do what you need to do.

2. Do you have 401K invested with your current employer?  You might consider taking out a loan from your 401K.

3. Do you have extra healthy organs like a kidney?  If so, sell it in the black market.  People will pay anything to save themselves or to save a loved one from dying.

4. Play the lottery. I know this is a form of gambling and you got into this mess because of gambling, but you'll only invest in a few dollars to buy the lottery tickets. You never know, you can't win if you don't play.

5. Borrow money from your relatives, co-workers, friends, etc.  It's the holiday season and I'm sure they are in the good mood despite the economy. Therefore, they might be more generous and forgiving.

6. Skip town, move to Mexico...haha  J/K

are you any good at suc... oh wait, this isn't the box... there are rules out here.

I was late once with my local, only owed like $650, and paid him $500.  Well, the next week I won back the $150 I was in the hole and another $300-400.  So, he owed me.  when I went to collect on Thursday, the douche says, "I'm not paying you until next week - you slow pay me, I slow pay you."  I almost fell out laughing in his face.  I mean, gotta give the guy credit - excellent policy, but still, what a douche.  Since then, When I've gone to collect on thursday from last week, but I'm down this week (and I'm not due to pay until Thursday), the guy will ask if I want to just apply my winnings to this week's losses.    Yeah right buddy, when I'm up, apply it to next week, when I'm down, I'll go ahead and pay.  I mean, he's never asked me if I wanted to apply last week's losses to next week's winnings...

Why does your guy accept payment on Tuesday, yet pays out on Friday - This is screwy.  I've only dealt with a couple of locals, but there has always been one day to either pay or collect.

This stuff amazes me.  I have a hard time relating. 

Yes alot of good advice here. Just dont duck him, thats the worst thing you can do, dont tell him next week, next week and keep him waiting.

friend me i will help you