I would like to turn the spotlight to say that you should be careful who you leave your money to. The moment you don't have it in your possession, the person you give it to, even if it is for an investment that you think will be fruitful, as in this case, can gamble it away or disappear with it. What the OP says doesn't affect me because I don't take money from others, and I'm very careful about who I give mine to.
Topic: Be careful with people's money - page 9. (Read 2569 times)
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It’s a sin to gamble with other people’s funds. If it’s your not money, then you should completely avoid touching the money. I have seen many people take loans to gamble. They are forgetting that gambling is not at all sure money. There is risk involved and you need to understand how volatile the risk is. In such a situation if you risk other people’s money, then definitely you are risking your reputation against the other people whose money you borrowed. If you need serious money for gambling, then it’s better to do a serious job and invest only small portion of the salary in gambling to try your luck.
Why do you call it as a sin? Then any use of other people's funds will be considered as sin also, as you and they take risk from your actions. Look on a situation from following angle - you are in casino with your friend, but you forgot your wallet. A friend lend you so money, so that you dont have to waste time getting back home and returning to casino. What, this is a sin also ? Or I have run out money, but tomorrow is salary day. Also a sin if I borrow? Gambling with other people's money isnt sin, people just need to be responsible to money.
From the contexts of this thread it's bad to use for gambling money contributed collectively by people. Your idea sounds different and wouldn't be considered a wrong habit provided the player keeps to his bargain and pays back as promised. However, it's a shame for a person to gamble people's money hoping to pay back with his wins. Such thing just shows how poorly raised financially and irresponsible the player can be. Gambling doesn't guarantee wins, and gamblers know this, but out of greed they'll want to risk, not just their money, their friends money. If a gambler is capable to pay back then, nothing is wrong with playing with people's money. Not maintaining a responsible habit by endlessly owing the rightful owners of the money, is indeed a big sin.
Yea that is actually true, we should be very careful the way we handle people's money to avoid public embarrassment from people. I know of someone that was also a Gambler whom all money contributed by his lodge mate to give his landlord was used my him for gambling a d guess what, he lost all the money to virtual gambling. Because of shame on how to explain to his lodge mate, he ran away and he couldn't be found. and that made the lodge mates to pay extra money again which was not ideal. That was a criminal act due to gambling addiction. Gambling is not bad, but we should try as Much as possible to maintain our lane and have a good reputation, and not to cross other people's part. because people are different, we might not be lucky to get away from some people after doing such thing.
It’s a sin to gamble with other people’s funds. If it’s your not money, then you should completely avoid touching the money. I have seen many people take loans to gamble. They are forgetting that gambling is not at all sure money. There is risk involved and you need to understand how volatile the risk is. In such a situation if you risk other people’s money, then definitely you are risking your reputation against the other people whose money you borrowed. If you need serious money for gambling, then it’s better to do a serious job and invest only small portion of the salary in gambling to try your luck.
Do you really know many people who take out loans to gamble? In my entire life I have not known any such person, I have only heard stories about such people, so it seems to me that there are not so many such people who are ready to play for credit money. Regarding gambling, my opinion is that a highly paid job will bring you much more income than gambling, so it is better to spend time becoming an expert in some field and receive a stable profit, than to risk money and possibly lose it.
It’s a sin to gamble with other people’s funds. If it’s your not money, then you should completely avoid touching the money. I have seen many people take loans to gamble. They are forgetting that gambling is not at all sure money. There is risk involved and you need to understand how volatile the risk is. In such a situation if you risk other people’s money, then definitely you are risking your reputation against the other people whose money you borrowed. If you need serious money for gambling, then it’s better to do a serious job and invest only small portion of the salary in gambling to try your luck.
Why do you call it as a sin? Then any use of other people's funds will be considered as sin also, as you and they take risk from your actions. Look on a situation from following angle - you are in casino with your friend, but you forgot your wallet. A friend lend you so money, so that you dont have to waste time getting back home and returning to casino. What, this is a sin also ? Or I have run out money, but tomorrow is salary day. Also a sin if I borrow? Gambling with other people's money isnt sin, people just need to be responsible to money.
I have read many news that someone will mismanage people's money. I read one about a university student some years ago that gambled with the money contributed by his course mates. The main reason that is causing the money mismanagement is either trading or gambling, but I read more about gambling online. Some can be because of other reasons.
There is another one that I read today that people thought he ran away with people's money but he later confessed that he lost it to gambling. It is about a solana-based cypher developer, he confesses that he lost $300K of user funds to gambling.
Let them continue to use people's money for risky activities and let them face the brunt. Your money is your money, people's money is not your money, so why are you gambling or trading with them? I don't expect people to even gamble with their money which they can't afford to lose not to mention people's money, that's so bad and I don't feel for them. If you are not wise, your foolishness will teach you a lesson, so over time, I expect them to learn from their folly. This case you narrated above in addition is the kind that is not severe since it involved many people from all over the world, but in the case the money involves the people that are directly accessible to the guy, they will deal with him so severely.There is another one that I read today that people thought he ran away with people's money but he later confessed that he lost it to gambling. It is about a solana-based cypher developer, he confesses that he lost $300K of user funds to gambling.
The core developer of the Solana-based cross-margin decentralized exchange (DEX) admitted his wrongdoing in a public statement shared in a May 14 X post:
“To address the elephant in the room, the allegations are true, I took the funds and gambled them away. I didn’t run away with it, nor did anyone else.”
“To address the elephant in the room, the allegations are true, I took the funds and gambled them away. I didn’t run away with it, nor did anyone else.”
Something like that is very common these days and greed and desperation are the two major factors that often cause it. If you are greedy or careless, let it be with your money and face the outcome and cry alone in your closet. But with people's money, anything can happen including a threat to life as some people may not take the money lightly as otherwise would do, so why risk your life on avoidable issues like that?
It’s a sin to gamble with other people’s funds. If it’s your not money, then you should completely avoid touching the money. I have seen many people take loans to gamble. They are forgetting that gambling is not at all sure money. There is risk involved and you need to understand how volatile the risk is. In such a situation if you risk other people’s money, then definitely you are risking your reputation against the other people whose money you borrowed. If you need serious money for gambling, then it’s better to do a serious job and invest only small portion of the salary in gambling to try your luck.
I have read many news that someone will mismanage people's money. I read one about a university student some years ago that gambled with the money contributed by his course mates. The main reason that is causing the money mismanagement is either trading or gambling, but I read more about gambling online. Some can be because of other reasons.
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Once a gambler already experience how to win a large amount in playing gambling they will think that they can do the same thing again and again, and of the factor they need of course is budget seems base on the story nothing else other way to accumulate money as he can and by that doing so he think he can risk a large amount of money to have a huge return and bring back their money once he make a good gain, but the opposite things happen he lose all of their money and now he cant deal with his mistake, this kind of story seems can be more because of too much addiction to earn more money in an instant way. Always gamble what you can afford so you don't get include other people with your mistakes.
These news aren’t good ones and I wish more better things can be down about the whole thing and I think more sensitization can be down about the issue of gambling.
As a gambler, it is always advised that, you only gamble with the money you can afford to lose and over the time, there have been several topics against gambling with borrowed funds or money one can’t afford to loss.
Personally I don’t like taking custody of other peoples funds and that’s because I don’t want to have issues with anyone and I’ve also tried to understand that, the moment there is money at hand, problems and challenges begin to arise and it takes very serious commitment to avoid those temptations .
In betting, of course, everyone must always use the personal funds they have and if they use other people's funds to gamble, of course this is very bad and will most likely be a problem when they ask for the funds they gave back and we cannot return it because we failed in betting.As a gambler, it is always advised that, you only gamble with the money you can afford to lose and over the time, there have been several topics against gambling with borrowed funds or money one can’t afford to loss.
Personally I don’t like taking custody of other peoples funds and that’s because I don’t want to have issues with anyone and I’ve also tried to understand that, the moment there is money at hand, problems and challenges begin to arise and it takes very serious commitment to avoid those temptations .
What you have done is very correct, because every person who deals in financial matters often becomes hostile when they cannot return the funds they have taken, because as you say it is very true that it would be better for us to avoid using other people's funds. others when gambling.
That is a case that has happened a lot in my opinion, with many people now who are definitely familiar with gambling, they often cannot control themselves so they can spend all their money on gambling and because they are like that it makes them addicted to gambling so that when they run out of money they still have the idea of looking for ways to make money and gamble again, one of which is taking out a loan, of course that's a normal thing to do, but they certainly won't say that the money borrowed is to be used for gambling, because the borrower won't lend money if it's money. will be used for gambling.
It's true what you say, we have to be able to gamble properly using our own money and don't involve other people who don't know anything, moreover they don't deserve the bad effects of the gambling we do. Even if we run out of money and want to continue gambling, we hope we can refrain from gambling again. forcing yourself to continue gambling will only bring disaster.
Exposing your ego. Dude, you'll see your dark sides. That's its charm. Demons are confronted. It's important to be smart. Bets on rent are stupid. If you practice it like a martial art, it can teach you a lot. Reading people, controlling emotions, and accepting the universe's unpredictability are learnedIt's true what you say, we have to be able to gamble properly using our own money and don't involve other people who don't know anything, moreover they don't deserve the bad effects of the gambling we do. Even if we run out of money and want to continue gambling, we hope we can refrain from gambling again. forcing yourself to continue gambling will only bring disaster.
Gambling isn't always alone. Involve the community. Discuss your strategies and wins. That's how we grow. Together, we learn and assist. We debunk the "degenerate gambler" stigma. We focus on it. So we use it to enhance ourselves. We might even have fun
Basically, gambling is a means of entertainment that requires a certain amount of money and losing money or losing is a normal thing. remembering that gambling is a business and casino owners also make a profit, it is not surprising that they have a greater chance of winning, because they have arranged everything in such a way as to be able to make a profit from the large number of people who gamble.
That is why we don't have to bet using other people's money. The risks will be big if we lose because some of them can not accept the lose and can asks to us to gives back their money.
People with no money usually borrow money because they are so confident that they will win more money to pay off their lenders and have a little more extra for them. It’s risky yes but maybe they really have no choice. I am not condoning it as it is really stupid but I do understand where they are coming from.They will have that risks and will makes them in trouble if they can not gives back the money. The must stay away borrow money from lenders.
If you wants to invest, you don't have to join with other people because you have your responsibility to take care of your money. Besides that, you must know what you invests and research that investment before you decides.
What works you might not work for others. It’s better to look out for yourself than to have to look out for another. The best we can do is give a little bit of general advice then warn them of the risks and consequences of everything they will do.We can advice them and warn them if that will not work for them. But if they can accept the risk and consequences, they can still do that and see the result.
Totally agree with this, using other people's money just for gambling is clearly a very wrong action and has a very high risk too, because we all never know whether we will win in gambling using other people's money or vice versa, the defeat that will occur and we are ready or not ready to be responsible by immediately replacing the money.
Yes, if previously there was a special agreement or agreement, it might be tolerated, but if there is no agreement, it must be replaced immediately because it has harmed other people too.
It is true that if you want to invest, you should only use the money you have, even though it is not much, but it is the safest step for us.
No guarantee for us to wins or lose in gambling, whether we use our own money or use borrow money to playing gambling. But we may lose that money if we can not control ourselves in gambling.Yes, if previously there was a special agreement or agreement, it might be tolerated, but if there is no agreement, it must be replaced immediately because it has harmed other people too.
It is true that if you want to invest, you should only use the money you have, even though it is not much, but it is the safest step for us.
When someone wants to invest, especially with other people, they must make an agreement so there will be no harm for each other or on one side. They must prepare for everything including research for the thing that they wants to do so they will not gets any problem.
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That is a case that has happened a lot in my opinion, with many people now who are definitely familiar with gambling, they often cannot control themselves so they can spend all their money on gambling and because they are like that it makes them addicted to gambling so that when they run out of money they still have the idea of looking for ways to make money and gamble again, one of which is taking out a loan, of course that's a normal thing to do, but they certainly won't say that the money borrowed is to be used for gambling, because the borrower won't lend money if it's money. will be used for gambling.It's true what you say, we have to be able to gamble properly using our own money and don't involve other people who don't know anything, moreover they don't deserve the bad effects of the gambling we do. Even if we run out of money and want to continue gambling, we hope we can refrain from gambling again. forcing yourself to continue gambling will only bring disaster.
Gambling isn't always alone. Involve the community. Discuss your strategies and wins. That's how we grow. Together, we learn and assist. We debunk the "degenerate gambler" stigma. We focus on it. So we use it to enhance ourselves. We might even have fun
It is right that everything here in gambling is at risk and it is known to everyone. But the amount which will be used on gambling which can't afford if a loss should not be that on gambling whether that fund is the fund of himself/herself or it is taken any other person both should be treated as the same.
The simple thing is that one should not gamble with another person's money. Gamblers due to lack of capital and abundant excitement to gamble often take money from other people in the guise of "loans", "investments" and so on just to fund their gambling habit. They will mostly lose the money and and turn up to pay it back.I would say never take another person's money just to put in a risky state. You have zero idea what that person did to get that money and you need to respect that. Gamble with money that you can afford to lose from your pocket only.
these are rather unlikely situations, it often happens that you manage to win sums but this seems to me to be a bit of thanks and a lot of luck which of course there must always be but as a bettor it would never occur to me to ask for a loan to go to play, it also takes a bit of madness to do something like this
Betting with other people's money is definitely a loss, a person who bets 300k during betting is really a serious case of betting addiction and must undergo a type of treatment, in addition to psychologists to help overcome this trauma.
His reputation has certainly gone downhill, and it will be very difficult to recover again.
Investing isn't easy either, we never know what a person responsible for funds from other companies will do. Human beings are unpredictable, the best way to keep your money safe is with yourself, after all.
There are also successful cases of playing with other people’s money. For example, yesterday my friend went to a bar and forgot his phone at home. He asked for his girlfriend’s phone and made a bet from her phone since there was football yesterday and won. The bet was relatively small, literally the equivalent of 5 glasses of beer .But he is not a systematic player, rather only on championships and this can be several bets for the entire championship. His reputation has certainly gone downhill, and it will be very difficult to recover again.
Investing isn't easy either, we never know what a person responsible for funds from other companies will do. Human beings are unpredictable, the best way to keep your money safe is with yourself, after all.
These news aren’t good ones and I wish more better things can be down about the whole thing and I think more sensitization can be down about the issue of gambling.
As a gambler, it is always advised that, you only gamble with the money you can afford to lose and over the time, there have been several topics against gambling with borrowed funds or money one can’t afford to loss.
Personally I don’t like taking custody of other peoples funds and that’s because I don’t want to have issues with anyone and I’ve also tried to understand that, the moment there is money at hand, problems and challenges begin to arise and it takes very serious commitment to avoid those temptations .
As a gambler, it is always advised that, you only gamble with the money you can afford to lose and over the time, there have been several topics against gambling with borrowed funds or money one can’t afford to loss.
Personally I don’t like taking custody of other peoples funds and that’s because I don’t want to have issues with anyone and I’ve also tried to understand that, the moment there is money at hand, problems and challenges begin to arise and it takes very serious commitment to avoid those temptations .
It is right that everything here in gambling is at risk and it is known to everyone. But the amount which will be used on gambling which can't afford if a loss should not be that on gambling whether that fund is the fund of himself/herself or it is taken any other person both should be treated as the same.
The simple thing is that one should not gamble with another person's money. Gamblers due to lack of capital and abundant excitement to gamble often take money from other people in the guise of "loans", "investments" and so on just to fund their gambling habit. They will mostly lose the money and and turn up to pay it back.I would say never take another person's money just to put in a risky state. You have zero idea what that person did to get that money and you need to respect that. Gamble with money that you can afford to lose from your pocket only.
One of the reason I never accept to be custodial of public contribution and holding the money is to avoid the temptations that may come along with such available funds, because many of those who make such a mistake of using other people's money to gamble or trade are the one that have access to money that have no immediate use or need and they will think that by taking some or whole of the money to go into such thing, they will be able to double the money and at the same time make some profits, but at the end, they will end up being disappointed.
Is better I don't have access to any extra money which is not mine, since I am an active gambler, and I have the decipline to properly managed my own money that I either gamble or trade with occasionally.
Yes, it will be better to protect ourselves from falling into difficult situations. Those of us who are active in gambling don't want to have difficult situations, but sometimes when we have the opportunity we might make small mistakes. Even though we can return in a better situation, in gambling when something continues to happen to us and we don't have control, then everything will become very bad.Is better I don't have access to any extra money which is not mine, since I am an active gambler, and I have the decipline to properly managed my own money that I either gamble or trade with occasionally.
gamblers must use their own funds to bet. And of course, never exceed your limits so that problems don't occur. because the beginning of gamblers in problems like that is when they bet beyond the limits of their financial capabilities.
Totally agree with this, using other people's money just for gambling is clearly a very wrong action and has a very high risk too, because we all never know whether we will win in gambling using other people's money or vice versa, the defeat that will occur and we are ready or not ready to be responsible by immediately replacing the money.
Yes, if previously there was a special agreement or agreement, it might be tolerated, but if there is no agreement, it must be replaced immediately because it has harmed other people too.
It is true that if you want to invest, you should only use the money you have, even though it is not much, but it is the safest step for us.
There are some people who think other people money aren't their money because if they lose it, they're not responsible with the lose. That's why, it's really risky to hand your money to other people including to your president or banks, because you don't know what they will do with your money. Even you complain and make it viral, the president or banks can hire someone to shut you down. Yes, if previously there was a special agreement or agreement, it might be tolerated, but if there is no agreement, it must be replaced immediately because it has harmed other people too.
It is true that if you want to invest, you should only use the money you have, even though it is not much, but it is the safest step for us.
One of the reason I never accept to be custodial of public contribution and holding the money is to avoid the temptations that may come along with such available funds, because many of those who make such a mistake of using other people's money to gamble or trade are the one that have access to money that have no immediate use or need and they will think that by taking some or whole of the money to go into such thing, they will be able to double the money and at the same time make some profits, but at the end, they will end up being disappointed.
Is better I don't have access to any extra money which is not mine, since I am an active gambler, and I have the decipline to properly managed my own money that I either gamble or trade with occasionally.
Is better I don't have access to any extra money which is not mine, since I am an active gambler, and I have the decipline to properly managed my own money that I either gamble or trade with occasionally.
Betting with other people's money is definitely a loss, a person who bets 300k during betting is really a serious case of betting addiction and must undergo a type of treatment, in addition to psychologists to help overcome this trauma.
His reputation has certainly gone downhill, and it will be very difficult to recover again.
Investing isn't easy either, we never know what a person responsible for funds from other companies will do. Human beings are unpredictable, the best way to keep your money safe is with yourself, after all.
That is why we don't have to bet using other people's money. The risks will be big if we lose because some of them can not accept the lose and can asks to us to gives back their money.His reputation has certainly gone downhill, and it will be very difficult to recover again.
Investing isn't easy either, we never know what a person responsible for funds from other companies will do. Human beings are unpredictable, the best way to keep your money safe is with yourself, after all.
Using big money to playing gambling is not recommended as there is no guarantee to wins the games. His reputation is hard to fix since he hurts many people and no one will believes him anymore.
If you wants to invest, you don't have to join with other people because you have your responsibility to take care of your money. Besides that, you must know what you invests and research that investment before you decides.
Yes, if previously there was a special agreement or agreement, it might be tolerated, but if there is no agreement, it must be replaced immediately because it has harmed other people too.
It is true that if you want to invest, you should only use the money you have, even though it is not much, but it is the safest step for us.
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