If you lose money gambling, you might be able to deduct it on your tax returns. However, before you can claim the deduction, you'll have to meet two important requirements. First, the IRS will want you to itemize all of your deductions. Second, you can only deduct gambling losses.
I'm with ya man. Today is I hope my final day 1, gambling has literally changed who I am as a person for the worst. I recently hit rock bottom, blowing through almost a year in saving in 3 hours.
The only advice I can give, if you gamble online, is to self exclude yourself permanently. Basically I told the betting shops about my situation and asked them to permanently remove me from all online gambling in the UK. So, at this point it is impossible for me to lose any more online.
Not sure if that was helpful. Stay strong man.
Free Money Gambling
