Chitchat Please Guess??? Gambling Addict Turn Around His Life Now earning $100K per Month!

[Pinkieslut]

How ex-gambling addict rose from almost-bankruptcy to earn S$100K monthly​

The founder of an insurance corporate consulting and training company conquered his gambling addiction and turned his life around.​

• 
  
  
  
  
• 
  
  
  

• 
  
  
  

Timothy Kang
·Finance Producer
Thu, 14 September 2023 at 10:19 am GMT+1


In this article:

• 
  
  
  
  
• 
  
  
  

• 
  
  Money Choice
• Raymond Lim
  Singaporean politician

The founder of an insurance corporate consulting and training company conquered his gambling addiction and turned his life around.
SINGAPORE — While insurance agent Raymond Lim may now be earning an average of S$100,000 a month, the father of two young children was, in his own words, a gambling "addict", and on the verge of bankruptcy 23 years ago.
How did the 46-year-old, who founded RL Consultancy – which provides corporate consulting and training to those in the insurance industry – turn his life around?
When he was 23 years old, Lim was on the verge of declaring bankruptcy at a time when Singaporean men his age were just starting to launch their careers. As a result of his compulsive gambling problem, Lim hit his lowest point when he realised he was indebted to the tune of S$186,000 with no money to pay it off.
"Casinos, online betting, 4D betting and even, turf clubs... anything you name that can be gambled legally, I gambled," Lim shared recently with Yahoo Finance Singapore.

Gambler's mindset​

Lim was first exposed to gambling through his parents – casual gamblers who enjoyed mahjong and the occasional casino trip. He barely saw his "alcoholic" father, who was always out working, while his mother was a housewife who frequently played mahjong and card games at home.
At 16 years old, Lim discovered that he had a "talent" for calculating odds and probability, and developed a strong interest in understanding gambling. But what started as an interest quickly snowballed into an addiction by the time he was 18. Around that time, Lim began to work part-time in a hotel bar as he was also paying for his studies. There, he met friends who were frequent gamblers.
"After work, my friends and I would get together to play mahjong. By the time we hit 18, we went into sports betting," said Lim.

 

[ChenShuang]

Adam Khoo advertisement is it

 

[laksaboy]

Well, the insurance industry is quite similar to the gambling industry. Glad he found his calling.

 

[jw5]

Well, the insurance industry is quite similar to the gambling industry. Glad he found his calling.

Yes, both industries depend largely on the "law of large numbers".

 

[syed putra]

The odds are you will lose if you invest in insurance investment schemes. It's calculated as such.

 

[Scrooball (clone)]

$100k a month. Sure or not?

 

[jw5]

$100k a month. Sure or not?

You can never be sure when gambling or buying insurance.

 

[millim6868]

Lol, another scheme, think this guy already understands the Kim lan 60% of sinkies thinking,lol,greed

 

[k1976]

$100k a month. Sure or not?

Sure... The juicy sauce is in the details or fine prints

 

[k1976]

Lol, another scheme, think this guy already understands the Kim lan 60% of sinkies thinking,lol,greed

Pls leemember @lot sinki are Kong kum or mental illness issue De woh

 

[bobby]

Show me 1 Raymond Lim….I can show you 1,000,000 gambling bankrupts still bankrupt.

 

[jurongkechil]

Jackpot machine addict too???

 

[Loofydralb]

How ex-gambling addict rose from almost-bankruptcy to earn S$100K monthly​

The founder of an insurance corporate consulting and training company conquered his gambling addiction and turned his life around.​

• 
  
  
  
  
• 
  
  
  

• 
  
  
  

Timothy Kang
·Finance Producer
Thu, 14 September 2023 at 10:19 am GMT+1


In this article:

• 
  
  
  
  
• 
  
  
  

• 
  
  Money Choice
• Raymond Lim
  Singaporean politician

The founder of an insurance corporate consulting and training company conquered his gambling addiction and turned his life around.
SINGAPORE — While insurance agent Raymond Lim may now be earning an average of S$100,000 a month, the father of two young children was, in his own words, a gambling "addict", and on the verge of bankruptcy 23 years ago.
How did the 46-year-old, who founded RL Consultancy – which provides corporate consulting and training to those in the insurance industry – turn his life around?
When he was 23 years old, Lim was on the verge of declaring bankruptcy at a time when Singaporean men his age were just starting to launch their careers. As a result of his compulsive gambling problem, Lim hit his lowest point when he realised he was indebted to the tune of S$186,000 with no money to pay it off.
"Casinos, online betting, 4D betting and even, turf clubs... anything you name that can be gambled legally, I gambled," Lim shared recently with Yahoo Finance Singapore.

Gambler's mindset​

Lim was first exposed to gambling through his parents – casual gamblers who enjoyed mahjong and the occasional casino trip. He barely saw his "alcoholic" father, who was always out working, while his mother was a housewife who frequently played mahjong and card games at home.
At 16 years old, Lim discovered that he had a "talent" for calculating odds and probability, and developed a strong interest in understanding gambling. But what started as an interest quickly snowballed into an addiction by the time he was 18. Around that time, Lim began to work part-time in a hotel bar as he was also paying for his studies. There, he met friends who were frequent gamblers.
"After work, my friends and I would get together to play mahjong. By the time we hit 18, we went into sports betting," said Lim.

I wonder who he bribed or slept with to get the contracts.

 

[Balls2U]

This fucker earns more right?

 

[glockman]

Happy for Raymond Lim and his two tone gold Submariner. But he shouldn't have allowed his income to be published lah. Now I want to get to know him, so I can borrow money from him.

 

[Balls2U]

He may be back to his old habits in no time.