I too got into this mess chasing losses. It started with a 30K inheritance which we earmarked for an extension as soon as I lost 5K I started chasing losses, and when the 30K went I couldnt tell me wife she couldnt have the extension so used other peoples money to try to get the 30K back...after that I was a compulsive gambler, having never so much as put a bet on the grand national before then.
I got into spreadbetting when I turned 3K into 8K after a tip off on some shares. I received the 30K at exactly the wrong time.
Easily done. I do put some blame on the spreadbetting companies and credit cards. I think its ridiculous to let someone put 15K at a time from a credit card into an on-line betting account without so much as a security check...still no one forced me to do it.
In a strange and rather perverse way, I would say that bankruptcy is probably the best thing that ever happened to me, and the positive changes I have made in my life since have made it all worthwhile!
Strange that if someone has won money from gambling they do not need to put anything on the form. Therefore, if you gambled using your bank account the OR could see the gambling transactions and you could say you made a profit from it so did not declare it. Seems odd.