I recently found out that my husband gambles pretty much everyday. He doesn't know that I know yet.
I found out that he has a 'Net Deposit' of over £22000 and I'm struggling to understand what that really means. I just want to have all the facts before I speak to him.
I know that it's deposit minus withdrawal but doesn't that make this £22000 a loss?
Im just so confused by all the terms.
I am sorry to hear that you are going through this. It must have been a shock for you.
What you are asking depends on whether the 22,000 is a positive or negative figure. A positive net deposit figure means that the person has deposited more than has been withdrawn in other words, a loss. Negative net deposits imply 'profit'. However, it is usually only related to one particular payment method or card. Many bookmakers insist that money is returned to the same payment method that it originated from as this helps them to keep track of money, prevent laundering etc.
I hope you both are able to talk this through and both get the support you need.
The reason being that if he wanted to withdraw an amount to another card or payment method then he would have to clear the £22,000 net deposit he has on one particular payment method since money needs to go back where it came from first. Only then, could he withdraw to another method which means that unless he still has money sitting in his balance, and if the figure is indeed a positive figure, then unfortunately it is a loss.
Keep in mind it is not necessarily the full story because he may well be using other betting accounts which could change this amount for better or for worse. Best wishes to both of you moving forward.
Sorry to hear this.
I think others have covered the net deposit question. I’m sure it will have come as a shock but as may know already and all certainly learn, compulsive gambling is indeed an illness.
The good news is there is so much support out there not just did the gambler but also those around them such as partners, family etc.
Appreciate it’s not going to be an easy conversation to have put I hope it goes well and I’d urge you to read some stories on hear that show with the right help, there are better days ahead.