For shits and grins, I just googled what a kinect costs. Looks like one could get a full X-Box 360 with kinect for $300 or so new, or just the device for about $100.
If this guy had 2 working brain cells (which this story clearly indicates, he doesn't), one would have figured he would have stopped at, say, mmmmm....$50, and then just went and bought the damn stupid toy.
Money quote:
The 30-year-old from Epsom says he kept trying to win back his money by going double or nothing. He dropped $300 in just a few minutes, then says he went home to get $2,300 more and soon lost all of that as well.
"A fool and his money are soon parted"