<prompt> Human: Seen a lot of these threads lately, where a young person comes into money then blows it all in a short space of time, I found comfort in them, and hopefully someone else who has had a financial fuck up can too, or better yet someone who has a similar lifestyle to mine can avoid doing. Im 20 years old, Ive been working since I turned 17 and have done nothing but save my money, I live at home still and dont drive, I only earn minimum wage so even though Ive been saving pretty much 70-80 of my earnings for the past 3 years, minus around 4 accumulative months of unemployment, I saved up around 16k at the point of this story. To some, after 3 years you might expect more but I made a lot of sacrifices to save this and I was proud. Anyway a hobby of mine, or what I sometimes I call a second income depending on how well Im doing which 100 contradicts my frugal lifestyle is gambling. I love it, whether its sports betting, roulette, poker, blackjack whatever. Im more in love with the idea of how I can make a weeks wages in 10 minutes, more so than the actual act of it. Anyway I went from putting an hour in a week into my betting account from my phone to around 8 hours a day whenever I could, on the way to work, lunch breaks or really whenever there was a lull at work, and most definitely after work.Doing this I averaged around maybe 200 profit a week which was great for me as it almost matched my wages. This went on for around 2 months, this February however I hit a streak, ill never forget the number, 58, I went on a 58 bet win streak betting on Soccerfootball or more specifically how many goals there would or wouldnt be in the final 25 minutes of the match. It was high stakes and small profit, I started every Monday with a 250 float, everything was winning and naturally I upped the stakes every time, in 3 days I was up 4K, couldnt believe it but on the Thursday, I pretty much lost sight of the value of money and I had a 9k day, 9 fricken grand in one day. To fast forward things a bit, I won an additional 2k the following 2 days with my highest bet being 10k on some Australian womens football game. On Saturday I cashed out 14k and left 1k in to continue playing with, when you make a cash out on the app betfair you have the option to reverse it within 24 hours.So with the 1k I had left in my account I placed it all on a game using the exact same system and lost it, my streak came to an end on bet number 59, and for a split second I was gonna log out and count my blessings. But I was still a little bitter I lost a months wages in 5 minutes, completely disregarding that I had just won a years and a half wages tax free in 5 days. So as you might guess I reversed the 14k withdraw and bet 4k in an attempt to win the one thousand back, boom just like that I lost the 4k, 2 goals in the last 15 minutes of some random game took 4k right off me and without thinking I scrolled down the app to win the whole 5k back, placed the remaining 10k and just like the 4k loss it was gone in maybe 8 or 9 minutes. As soon as the notification came up on my phone a cold sweat came over me and I remember just biting into my t-shirt, threw a few punches into my bed and proceeded to pace around the house like a mad man for 20 minutes. In the grand scheme of things I had actually only lost 250, my starting balance, I still had my 16k savings in the bank but just lost the equivalent in 20 minutes, and the chance to double my net worth. Anyway the morale of the story is, and of the other similar threads this week, is that if you ever come into a relatively significant amount of money, SAVE IT!!! I regret my actions every day but thankful that I had enough common sense not to deposit my life savings in another attempt to recover my losses.Ive got around 20k saved up now but still continue to bet, I never wont not bet, like I said I love it, but Ill also never make that mistake again. I learned my lesson early in life and it only cost 250. And still have around 20k to show for it. I left out a lot of details and a lot of betting jargon to keep it short but I guess I failed at that, any questions let me know. I just wanted to share and get it off my chest as Ive only told 2 or 3 people this crazy little week I had.Thanks for reading.tl;dr: Come into a lot of money ? Deposit that shit straight to the bank, dont blow it.  <response>: Youre almost certainly a losing bettor and will probably continue to lose a substantial proportion of your overall income unless you quit. 