Topic: Do not gamble with Loan Money~otherwise you will be in danger like me (Read 4977 times)

You are right so we must not playing gambling with loan to avoids the big risk, especially if we lose all of that money because we must repay that loan. The lender will not care our problem, especially if we lose that money in gambling and they will asks us to repay that loan. We don't needs to use that loan to playing gambling instead to fills our needs because that's the important thing if we takes that money. But it's better we don't takes any loan for just playing gambling because that can gives us big problems.

We must thinks wise about gambling because gambling is just an entertainment and not for makes money. If you realizes that, you will not takes a big risks by takes that loan and use it for playing gambling because you will not makes yourself in trouble.

It's just said to avoid taking a loan money to gamble. Not to stop gambling all the way. If you have the spare money then you can still gamble but you will have to do it moderately so that it can be more fun. Now, after that spare money is depleted, we should find a way to entertain ourselves in a different way. We should not be looking for more just so we can get our revenge or think that we could get back the money we lose because that is long gone.
Recently, I even heard this from the staff of one gambling site which was live streaming with the owner of the gambling site. His tip is once we get the win we should get out because we are just going to lose more if we continue on. Have some fun with the money you win and enjoy it.

I don’t really have much to say, but I understand that gambling with loan is a very big risk because you will definitely end up losing a lot and you may not be happy on your loss because gambling is something that you feel you were going one day, which is true you definitely do, but you have to be careful gambler with strategy and never take a step that suit you anytime you take a long to gamble. I feel like that is when you will lose because you are doing something that is not good

As I always say that Expectations overpower gamblers. Consider the risk involved before gambling because the potential win isn't guarantee either, OP was consume in his own quest. Of which every gambler should avoid chasing losses especially when you have exhausted your money which was allocated for it, there is always another day in everything but many won't like to follow simple rules which I believe everyone will learn the hard way.
The worst mistake ever is to obtain a loan just to gamble with it, mehn this sounds dumb. Loan should be for creative purpose this cannot be overstressed, how will someone obtain loan to gamble when you ain't sure of winning or have any other alternative to pay back. Gamble with what you can afford to lose and always ensure your stream of income or finances isn't channel to gambling. There is a better life outside gambling.

Indeed. It's not advisable to take a loan just to use for gambling. But it is acceptable as long as the gambler has a stable job or other source of income wherein he can repay the loan regardless of the outcome of his gambling activity where he used the borrowed money.

Anyway, it's best to refrain yourself from playing if you have no budget. Using your own money doesn't guarantee that you can double it since losing is inevitable. So what more if your money is from loan with interest? Gamblers who used to do this are just giving themselves a serious problem and they will only realize it if they lose the money and it's already time to repay.

Lending requires not only the repayment of the borrowed funds but also the interest on the loan. If a person does not have his own money today, he has nothing to think about a loan, because by taking a loan he takes on a load that he cannot cope with. How he will pay this money in the future is not quite clear, and after all in life may happen unforeseen situations that can significantly affect the financial situation. Gambling on credit money is not only irresponsible but also stupid.

Exactly, I agree with your opinion and maybe we will agree in responding to this problem, where as you said, taking out a loan just to gamble is the same as inviting disaster to come, I am not saying that you will lose by using the money you earn. but what we have to understand is that the idea of borrowing money to gamble is a ridiculous idea where of course you have to pay the loan afterwards but what if it turns out that the result of your bet is a loss? it means you have to pay for something you don't enjoy, or what it means is the same as borrowing money from someone else and then giving it to the casino for free.

However, this is an idea that should be avoided as much as possible, because in the end it will trigger new bad habits after which you may be even more brave enough to borrow even larger amounts of money just to gamble, and if you win at betting then yes. maybe that's good but what we have to think about here is what if you lose and of course when you lose then emotions will dominate which means there is a big possibility for you to borrow money again with the intention and aim of returning something that was previously lost and it is a fact that This idea will only make you experience debt problems in the end.

A loan can be taken for a good business or purchase of a fixed asset, but taking a loan in gambling means inviting one's own disaster. In gambling a gambler should use such amount of money that losing the amount will not change the financial condition of the gambler. When gamblers become more addicted they try to loan money to use in gambling. It should be remembered that debt makes a person more indebted. Although there are many who are able to pay off their debt quickly after taking out a loan, not everyone is equally lucky.

Same here, When I was still young and in the adulting stage, I really told myself that if I had a good job and income, I would never go into debt because I saw what happened to my other relatives and how they were struggled in life because they were buried in debt, I still remember it, I used to have notes then put the things that I would use in case I get a loan and the first thing on my list was buying a house using the government housing loan, but I didn't thought of borrowing money and then just using it for things that are not worth it, especially gambling because gambling is also the reason why my relatives experienced big problems in life. I grew up without role models around me, I just grew up not wanting to be like them so until now I'm limited to things that I know can drag me down.

It happens in the heat of the moment. In the process of chasing losese, we tend to lose even more.
I have learnt this lesson long ago and this is why I know how it must be feeling when you took a loan for chasing loses and lost it.
The amount of burden adds up when we have to manage our family expenses but then you should have thought about it before you started gambling at first place.
That would have made you set a tight budget and made you quit when you lost it.
We don't think about the long term consequences we have to face when chasing loses and end up getting in more trouble.

I've lost more than $2180 in gambling in one evening, only I always gambled with my own money. Of course there were times when I used money that I needed for other purposes, but I never thought of gambling with credit money. In general, I don't take loans very well and I believe that you can only take a loan for home improvements, a car that you need to reduce your commute time to work, education or business development. Other things can be bought simply by putting aside some money from your salary. Gambling on borrowed money in order to get rich is a rather stupid thing to do.

Well to me, I don’t see any good thing on taking a loan just because of gambling you can actually use some parts of your money. Yes, it is a nice thing to target, big money and recover what you have lost but I don’t feel like it’s advisable to use loan on it because we don’t trust gambling we can end of losing and losing even when you think you’re not lose you will definitely lose, well is for us to take advice and get experience from what has happened to you and so many things like this. Also happened to me, but I have stopped taking some kind of risk

As much as possible, if we can, we should avoid gambling because it is the nature that makes people immediately jump into it, at first they try and end up getting addicted and continuing like that, in the end, they end up borrowing money to gamble in the hope of bigger results, but the reality that I see actually leads me down. The serious problem of gambling addiction creates difficulties in our future.

Anyone who is addicted to gambling usually doesn't think long about borrowing money from anyone, even a loan shark, even though financing gambling with loan proceeds usually doesn't end well in the end, there are many cases of people committing suicide just because they can't pay the money because the money has run out. gambling, there are so many cases like that in my country that the government is working quickly to ban gambling here, but even so I can still access online gambling sites.

Playing gambling must be full of proper control, don't gamble just because you want to get money, usually the reason people borrow money is because they want to recover their losses or want to make extra money but don't have the money so they try to borrow and hope to win to pay off debts but instead end up losing. that's why borrowing money is never recommended in gambling, gambling with money that is ready to be lost is not gambling with borrowed money because that is the same as committing suicide making it even more difficult for yourself to be able to pay it, there are many suggestions that we may have shared on this forum but they all come back again to the gamblers.

I agree with you, although sometimes we do have to take risks, but that does not mean we have to take loans to gamble. Taking risks in gambling has another meaning, where we must dare to take risks when gambling by using large amounts of bets, not by taking loans. It is true that you said that it is not recommended to take this action because in my opinion taking this action will only make us more miserable. Even people who gamble by not taking out a loan to gamble they tend to have problems due to lack of self-control, and if they take this action not only do not have self-control, but in my opinion they have even lost their minds, too desperate and excessive in gambling.

It is true that having experience might help, and if you don't have experience then that doesn't mean you have to feel the same way, because just by looking at other people, I think it can be used as a lesson so that we don't do anything excessive. People who make loans for gambling of course they don't say their purpose for borrowing money is to gamble, of course they will lie by saying other reasons. And with the fact that gambling will most likely only make you lose money, right what you said, in the end it will only make us lose money. And they might be confused to say that the borrowed money is gone, and this can be an impulsive action.

There are some people out there that are against taking loans no matter the reason, but I am not one of those people, I believe that depending on the circumstances taking a loan makes sense, and doing so in order to create a business or to buy a house is reasonable in my book, but asking a loan to gamble is not really a good move, since you are spending money you do not have, in something you do not need and that will not really bring you any kind of long term benefit.

I'd not even advisable for a who want to play risks with the money to go and carry loan, especially those that are in to gambling that they don't wait to get their own money before they can introduce themselves in to gambling and again having an experience about something that a person really want to start is the best way of success. Because once a person getting much knowledge to lose in gambling will be little, but the only thing that we have to brb avoid always is that we should no go and take a loan just because of gambling it is very dangerous what if you take this loan and at the end of day you lose all the money you use for gambling, what will you explain to those that give you the loan?

Yes, it means that luck will not see where the money to gamble comes from, but in the end the odds are still the same as I said above and I think this is a fact and people I think understand this. The point is that it's the borrowing alternative that's going to be dangerous in the long run, where you might get so used to always borrowing money just to gamble when you don't have your own money. It's important to understand that gambling stimulates the brain and mind and that makes it difficult for most gamblers to quit in time, meaning that it's very likely that you'll continue to borrow mindlessly and without any hesitation and end up getting yourself into debt.

This is proof that treating gambling the wrong way will cause a lot of problems and adverse effects on a gambler, losing is the risk of all gamblers, but most gamblers always try to expand their gambling activities with actions that they think are hard work to actually be able to realize victory when in fact it will unconsciously trigger many new problems, such as getting into debt which ultimately triggers stress or depression until you might commit suicide due to not being able to handle the pressure. Therefore this is the reason why we should gamble moderately and reasonably, gambling is not that serious, you must be able to balance everything according to what is provided by the casino where they only provide opportunities or "possibilities" and that means there should be no seriousness in gambling.

If a person thinks of gambling with loan money then he is doing a big mistake. Gambling is fine with our small amount of money for gambling. But after gambling for several days I realized that excessive gambling leads to not having enough money in hand which leads to gambling.  I think of borrowing from friends to play. I never want to gamble with borrowed money so I always prefer to gamble in small amounts.

There's no such thing about proofs about using up loan money or money or funds came from your own pocket or stolen on which luck factor would really be just that the same on which if you are lucky then you are lucky and you would definitely win at that moment but if not then you would really be ended up on being miserable. Using up some loan money just for you to gamble?
Just like on what most people been saying on here is that you are just basically doing up some suicide on which this is something that you must avoid in the first place because
if you do make use of a loaned money to gamble then you arent that just losing those loan amounts but also you would really be paying it up in due time + interest.

Who would really be on their right minds you that would really be doing such suicidal act? Unless if that addiction is so severe that even thinking up well is already impossible or hard
then you would really be coming up with this kind of solution or condition on which we know that this is something that not putting you up in any advantage situation
but rather it would be ideal that you should always play on the amount on which you can afford to lose. If it all bust up then simply quit or call it a day.
Dont look for another fund for you to deposit on.