The problem is that his family DID bail him out on numerous occasions. Trust me, he would have said anything to his father to get out of this trap. Sure brock has been humbled, but he will get tired of that second job pretty soon and will try to make some "easy" money to get out of debt. I would wager a $100 to a penny that this saga isn't over yet! Sad.
says the panty sniffing stiffThere is NO SUCH THING AS A GAMBLING PROBLEM...just a losing problem..if I guy makes 100 bets and wins 80% of them the word gambling problem never will surface...He will be a hero to all..if he goes 10-90 he has a gambling problem..
Trouble is most of us expect to go on the greatest winning streek of our lives with out next series of bets..this seldom happens..and the scenario repeats itself day after day after day all across this world we live in
Brock had become a cocky "handicapping virtuoso" at SBR, churning out an endless string of public faves ("rubberband plays" as he called them, cause one had to use a rubber band to hold all that pure cash profit that these plays would generate) and belittling guys who dared bet the other side. He would even make fun of $50 bettors, flashing his multi-dime plays around.
If I were a betting man - wait, I am - I'd say that precisely 0% of his bankroll was his own money. See the classic prosper.com thread as evidence.
Doesn't take a genius to realize that he was overbetting by a lot - he was probably wiped out by a mild downswing, never realizing that his mad handicapping skills were little more than positive variance.
RIP Brock, you friendly sociopath.