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The System PodcastAuthor: The System
The System is a brand which aims to change the way people think about betting, in the process teaching them how to make money from matched betting which the end goal to completely change their life. Since 2020, we have built a community of over 2000 members who have combined to make over 50 million from matched betting. Our podcast will feature various discussions about matched betting, gambling, money, mindset, life and anything else. We also interview some of our members who can share their experience and life changing stories as well. Subscribe and enjoy. Language: en Genres: Business, Entrepreneurship, Investing Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Ep82. He Lost ~$300,000 On The Pokies In 12 Months (Jarred’s Story) | The System Podcast
Tuesday, 13 January, 2026
⚠️Content warning: This episode discusses gambling addiction, financial loss, and regret. If you’ve struggled with gambling or know someone who has, parts of this may be confronting. Jarred sat down with JP to talk openly about how he lost around $300,000 on the pokies in about 12 months while in his mid‑20s, running a business and with a young family at home. He explains: - How it started as “something to do” and an escape from hard times - How quickly it spiralled into 10k days, missed milestones with his newborn, and 20kg of weight loss - Why he never blamed the pokies or the pubs and what finally made him stop - How he’s now redirected that same obsessive energy into matched betting and learning a structured, numbers‑based approach instead of feeding machines If you feel like you’re already in too deep, Jarred’s advice is simple: stop as early as you can and tell people you trust so you can’t hide it anymore. If you’re struggling with gambling: Seek help. Tell someone who loves you. Fix that first. Nothing we do matters if you can’t get this under control. If you want to understand matched betting properly and want to move toward a structured, maths‑driven approach: 1. Do our Free Course - learn how matched betting works and make your first structured profits. https://www.thesystemaus.com.au/course/free-course?el=spotify 2. If that makes sense and you want to go deeper: You’ll see how our Platinum Squad members are aiming to make around $1,000/month on average from matched betting using systems, data and community instead of gambling. PLATINUM - Make $1000+ every month with 2700+ others: https://www.thesystemaus.com.au/course/platinum-squad?el=spotify 00:00:00 – Warning: this episode discusses gambling addiction 00:00:31 – Opening: trying to quantify how much Jarred actually lost 00:02:08 – How it started: business money, boredom and early wins 00:03:06 – Spending $60K on a family holiday 00:04:04 – Estimating ~$300K lost on pokies in a year 00:04:37 – How you even lose that much: cash withdrawals, multiple cards, ATMs 00:06:08 – Chasing losses: from $500 down to “until I run out of money” 00:07:31 – Pokies as an “escape from reality” and feeling hypnotised 00:09:24 – Biggest sessions: $10K+ days and nearly $10K wins rinsed back to zero 00:10:22 – Being a “regular”: staff knowing his name, no one intervening 00:10:59 – Taking responsibility: not blaming pokies or pubs 00:11:53 – First step out: telling his partner, dad and family the truth 00:13:29 – Talking with another problem gambler while they both kept playing 00:14:22 – Max-betting $10, losing 5K in under 20 minutes 00:16:11 – How he actually stopped and the regret of missing his kid’s first year 00:18:52 – Living with the losses vs focusing on what he can do now 00:19:10 – Pokies as escape from hard times… that makes everything worse 00:19:26 – $17B a year: how much Aussies really lose on pokies 00:20:17 – Why people keep playing even when they “know” they’ll lose 00:21:05 – The physical and mental toll: no sleep, no food, losing ~20kg 00:22:35 – Why he never got hooked on online sports betting 00:24:18 – Desensitised to small wins: why $1 multis never appealed 00:26:06 – The $10K win at 18 and the long gap before the big blowout 00:27:55 – Using matched betting as an exit from pokies and an outlet for his energy 00:28:58 – 4 months into matched betting: $20K+ profit and new skills 00:30:28 – Should The System work with people like Jarred? His take 00:31:04 – How community, Discord and honesty helped him move forward 00:32:42 – Ego, shame and using it as motivation instead of hiding 00:33:18 – Will he ever gamble again? His honest answer 00:35:09 – Social media triggers and pokie influencers making it worse 00:37:01 – His message to anyone thinking of “starting to gamble” 00:38:30 – Final advice: catch it early, or it can spiral fast 00:39:33 – Outro: Free Course + how to learn matched betting properly
