I Lost $10.2 Million Gambling

Louis Ruggiero got sober from drugs and alcohol and kept gambling, until it cost him $10.2 million, his savings, and very nearly his life. In this conversation with Tyler Ramsey he tells the whole story: the comped Vegas weekends, the $65,000 cash bets, the newborn son he couldn't be present for, and the phone call that finally stopped him. Then he explains how he rebuilt, and why he believes legalized sports betting is the next public-health disaster. In this episode:· Why Louis calls gambling his "primary," even after getting sober from drugs and alcohol· How $100 bets became $50,000 to $200,000 weekends in Las Vegas· The casino-host machine: private jets, Rolls Royces, comped suites, and what it really costs· "$70,000 on Friday, negative $2,000 by Monday," and hiding it all from his family· Why he says it is not a financial disease, it is an emotional one· The Thanksgiving that became his lowest point, and the friend whose phone call changed everything· The GA toolkit that worked: self-exclusion, turning his money over to family, and a year with no sports· The pressure relief group and how he faced seven creditors and a million in debt· "Life on life's terms": the simple reframe that keeps him steady· Why he walked $65,000 cash into a sportsbook at 24, and why he thinks betting apps are "worse than the opioid crisis" 0:00 - Two podcasters, same mission 2:22 - Sitting with Lamar Odom 5:41 - We get addicted to everything (even the phone) 7:55 - Kanye, forgiveness, and resentment as poison 10:22 - "Your big thing was gambling" 11:18 - Sober from drugs, still betting: the part that wanted to kill him 12:00 - $10.2 million, gone 12:59 - From $20 in the bank to a $400K deal 14:22 - Vegas, the casino host, and the comped life 17:17 - "Were you ever actually good at it?" 23:55 - The prison behind the glamour 27:30 - A newborn son and a broken promise 28:12 - Not a financial disease, an emotional one 30:31 - Thanksgiving 2024: the lowest point 31:39 - The phone call that changed everything 37:32 - Telling his wife, and why she stayed 38:32 - The toolkit: self-exclusion, no money, no sports 41:24 - The pressure relief group and seven creditors 44:33 - 18 months in: "I've never felt better" 47:12 - Life on life's terms 48:04 - The warning: betting is everywhere now 50:45 - $65,000 in a backpack 51:49 - Why Vegas is finally fun sober 57:35 - Where it started: Atlantis at 15 Guest: Louis Ruggiero, host of "Nothing's Off the Table with Louis Ruggiero" (Apple, Spotify, iHeart, YouTube).Host: Tyler Ramsey. Punk Rock Sober / Painful Lessons. If you or someone you love is struggling: 988 (Suicide & Crisis Lifeline, US) · National Problem Gambling Helpline 1-800-GAMBLER (24/7, free, confidential) · SAMHSA 1-800-662-4357. #PunkRockSober #Recovery #GamblingAddiction #ProblemGambling #SportsBetting #Sobriety #AddictionRecovery #MentalHealth #PainfulLessons #RecoveryStory