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Topic: Do not gamble with Loan Money~otherwise you will be in danger like me - page 11. (Read 4955 times)

sr. member
Activity: 434
Merit: 254
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This is too sad news op. why you did it? Gambling with loan money is double risky then gamble with your own money. if you loss your own money then You may suffer but there will be no pressure to repay the loan. if you gamble with the loan and lose it then you lose money and on the other hand you have to repay the loan by earning money from another source. you have taken a big risk, if you win the gambling then your loss might be recovered but because of the loss you have to repay the loan which is a lot of trouble. And not only the principal amount but also the interest has to be paid. After that gamble according to your ability sometime.  Stay away from activities like gambling with loan

Double risk it is, how will someone even think about this, gambling is not an investment or business, it can be called a business by the owners of the casinos and other gambling firm, so is only and investor or a business person that is meant to borrow funds to either grow his or her business in other to pay pay to loan facility later, a gambler that make such step do not understand gambling, unless he or she is an addict, how will someone be that wasteful, there debts that very intentional, any one that sat and thought of borrowing to gamble is an intentional debtor and he should be pardoned for any reason.
sr. member
Activity: 728
Merit: 421
Indeed borrowing money to gamble is a life ruin scenario which really does not worth it. Imagine paying a debt you never made any profit from and also paying interest on it when you lose the loan to gambling after putting your hope with high expectations of winning and also making huge profits but the reverse became the case.
Do not think of getting loan from family or relatives even if they do not require you to pay interest or inquire to know what you used the money for but when it is time for repayment, you do not have enough funds to pay them and they discovered you told them lies just to get money from the to gamble all in the name of loan, I think that should be the height of insensitivity on your own part as they would never trust your words again when it comes to fiance. You will have your name tagged as a gambler forever and you would always be a reference point for negative explanatory.

Taking out loans to gamble is a path to ruin in life, so it's no surprise that they get into a lot of trouble, including getting into debt and being chased by debt collectors if they take out loans from big companies, such as banks. However if they take out a loan from friends or family,  I think they will only be given warnings and reminders or reminded to immediately pay off the debt In my opinion they take out loans to gamble because they have been hypnotized by gambling so they cannot get rid of their bad habit.

realizing that gambling is not a source of money needs to be applied because with that I think they will not take actions that are indeed at great risk And if they take out a loan for gambling too it will not guarantee that it will produce a win that can pay off the loss at once by paying off the forest, not to mention if they borrow from the bank of course with those who are addicted,  their mindset is already messed up  so it is likely that they will not pay off the debt they have, so that it can spread to their own family and of course this is very unnatural. if they dare to act they must take full responsibility for their actions.
Sometimes I wonder what gives gamblers the audacity to go about borrowing and obtaining loans from loan sharks and banks just to gamble and I also wonder if truly their senses are with them when they gamble because I see no reasons why someone would gamble and losses everything on them and in some cases, they even sell their items such as phone jewelry if they have any on them just to gamble there after losing. What stops them from getting up and taking a walk out of the casino or gambling house for that moment  for a short while so as not to give room for borrowing. I am still thinking about it to know the exact reason and why most gamblers still continue to gamble after still recording huge loses.

That's a thought that often occurs to me, but I think they dare to take out a loan to gamble because they already believe that gambling can give them big wins. But even so, I don't think they should take out loans to gamble because it is a very risky money move. Maybe what's more clear is that they are addicted to gambling so they are willing to lose everything they have just to gamble. because in my opinion people who are addicted to gambling tend not to see the losses they will experience.

This happens a lot, I have even experienced someone selling their clothes in the middle of the night, with the current boom in gambling I reflexively think in that direction, many brands sell the goods they own just to gamble yes, it's none other than because of the hope they have that makes they are like this,  daring to take actions that take great risks.

Truly hopes, expectations and aspirations makes them do so. I just can not comprehend the force behind the actions. Some of them have the luck of winning after much games they have played and some are not lucky with their games it all points to them still putting funds for the game because they playing games can only be determined by the funds they have put in for the he to be played. With the aspect of using up things on them to gamble, I have no doubt about such because I have seen scenarios of such nature many times in bey houses were a gambler would use their phone, wrist watch and neck chain to gamble after losing all the funds they have put in for the game.

I am still very much curious the force that still holds them after still recording huge loses that should make  them take a break from gambling but they still continue gambling till they lose everything they had used for the game and are left with nothing to go home with.
full member
Activity: 434
Merit: 202
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]That is why addictions are scary, under normal circumstances a person will never engage in a behavior that goes so obviously against their self-interests, but people can get their priorities so distorted by their addiction that they will do everything just to engage once more in it, and this is how we end up seeing people throwing their lives away over something that is just a game, and that should be just another one of the many hobbies we should have.
It's really sad to see people having to suffer from the effects of their uncontrollable addictive habits, in whatever we do , getting to addiction is something we should try to avoid because it's never got a good effect thereafter it's mostly adverse but some persons will always keep a dead ear because they always think they are in content and that they know what they are doing so they will be able to keep their selves under control enough not to exceed their threshold but it's sad they along the line some persons still ends up addicted even after thinking they were in control earlier.

Sticking to seeing gambling or others as a form of entertainment alone could help or like you said make it a hobby and they will be better as it will be done only at leisure but except you have got another job it's real difficult to just see gambling as a hobby.
hero member
Activity: 896
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Leading Crypto Sports Betting & Casino Platform
Gambling should never take part in debt, gambling usually results in losing. Those who don't know the strategy are basically facing losses.The way you participate in the loan is to suffer serious losses. Gambling is one such addiction where people become highly addicted, once addicted people cannot stop gambling and due to their mental stress they face losses quickly. You should have started gambling with little money as your amount of money is very large.
Playing gambling should not use borrowed money because it will give us problems where we have to think about how to return the borrowed money. We don't know whether we can win or lose from gambling while returning the loan money is something we do. But people who may be addicted to gambling will not think about this and will continue to look for loan money to continue gambling. They only care about the gambling game so they won't think about the impact they will have later. This should not happen to us, so we have to really take good care of ourselves and only gamble with the money we have, and even then, there must be clear boundaries in gambling.
Lack of self control and self discipline is what will warrant such act, for a gambler to take a loan to satisfy his gambling appetite. Such people must end up at big loss, because it is impossible to win the house hedge.

Gambling shouldn't be seen as a means to double our money, but it should be seen as fun, so that we would not go as far as taking loan believing that we will wing big and pay back the loan. It is better not to gamble when you don't have the money for gambling, and we should only gamble with little amount that wouldn't be a burden to us, when we lose it.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
Indeed borrowing money to gamble is a life ruin scenario which really does not worth it. Imagine paying a debt you never made any profit from and also paying interest on it when you lose the loan to gambling after putting your hope with high expectations of winning and also making huge profits but the reverse became the case.
Do not think of getting loan from family or relatives even if they do not require you to pay interest or inquire to know what you used the money for but when it is time for repayment, you do not have enough funds to pay them and they discovered you told them lies just to get money from the to gamble all in the name of loan, I think that should be the height of insensitivity on your own part as they would never trust your words again when it comes to fiance. You will have your name tagged as a gambler forever and you would always be a reference point for negative explanatory.

Taking out loans to gamble is a path to ruin in life, so it's no surprise that they get into a lot of trouble, including getting into debt and being chased by debt collectors if they take out loans from big companies, such as banks. However if they take out a loan from friends or family,  I think they will only be given warnings and reminders or reminded to immediately pay off the debt In my opinion they take out loans to gamble because they have been hypnotized by gambling so they cannot get rid of their bad habit.

realizing that gambling is not a source of money needs to be applied because with that I think they will not take actions that are indeed at great risk And if they take out a loan for gambling too it will not guarantee that it will produce a win that can pay off the loss at once by paying off the forest, not to mention if they borrow from the bank of course with those who are addicted,  their mindset is already messed up  so it is likely that they will not pay off the debt they have, so that it can spread to their own family and of course this is very unnatural. if they dare to act they must take full responsibility for their actions.
Sometimes I wonder what gives gamblers the audacity to go about borrowing and obtaining loans from loan sharks and banks just to gamble and I also wonder if truly their senses are with them when they gamble because I see no reasons why someone would gamble and losses everything on them and in some cases, they even sell their items such as phone jewelry if they have any on them just to gamble there after losing. What stops them from getting up and taking a walk out of the casino or gambling house for that moment  for a short while so as not to give room for borrowing. I am still thinking about it to know the exact reason and why most gamblers still continue to gamble after still recording huge loses.

That's a thought that often occurs to me, but I think they dare to take out a loan to gamble because they already believe that gambling can give them big wins. But even so, I don't think they should take out loans to gamble because it is a very risky money move. Maybe what's more clear is that they are addicted to gambling so they are willing to lose everything they have just to gamble. because in my opinion people who are addicted to gambling tend not to see the losses they will experience.

This happens a lot, I have even experienced someone selling their clothes in the middle of the night, with the current boom in gambling I reflexively think in that direction, many brands sell the goods they own just to gamble yes, it's none other than because of the hope they have that makes they are like this,  daring to take actions that take great risks.
full member
Activity: 784
Merit: 212
for investment must use cold money should not use money from debt.
what's more debt money for gambling is very risky.
winning is not certain but paying debt instalments is certain. when the time comes to pay the instalments will make a headache if you don't hold money.
true and it happened a few years ago. because of greed in gambling, in the end you want to chase losses and in the end everything is lost. in fact I really want to return the money, even though I didn't win. finally turned to debt. It didn't end well, instead I got a debt bill every month even though the money had run out from gambling losses.
hero member
Activity: 1008
Merit: 520
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for investment must use cold money should not use money from debt.
what's more debt money for gambling is very risky.
winning is not certain but paying debt instalments is certain. when the time comes to pay the instalments will make a headache if you don't hold money.
sr. member
Activity: 1470
Merit: 256
Sometimes I wonder what gives gamblers the audacity to go about borrowing and obtaining loans from loan sharks and banks just to gamble and I also wonder if truly their senses are with them when they gamble because I see no reasons why someone would gamble and losses everything on them and in some cases, they even sell their items such as phone jewelry if they have any on them just to gamble there after losing. What stops them from getting up and taking a walk out of the casino or gambling house for that moment  for a short while so as not to give room for borrowing. I am still thinking about it to know the exact reason and why most gamblers still continue to gamble after still recording huge loses.
That is why addictions are scary, under normal circumstances a person will never engage in a behavior that goes so obviously against their self-interests, but people can get their priorities so distorted by their addiction that they will do everything just to engage once more in it, and this is how we end up seeing people throwing their lives away over something that is just a game, and that should be just another one of the many hobbies we should have.
It is really important to realize the impact of addictive behavior, especially when it relates to gambling. Many individuals participate in imprudent activities that can result in serious consequences and destroy their lives. To avoid this kind of situation, it is crucial to be mindful of the harmful effects of gambling and abstain from it.

Of course, if someone is going to enter a gambling environment, he must be truly aware of the risks he will face in the future and if he is aware of this then it is possible that when gambling he will be more careful and not gamble. excessive.

Moreover, if someone gambles using borrowed money because their finances are actually insufficient, then they will be faced with many problems. When he loses a lot, he also has to bear the obligation to return the loan money.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
Gambling should never take part in debt, gambling usually results in losing. Those who don't know the strategy are basically facing losses.The way you participate in the loan is to suffer serious losses. Gambling is one such addiction where people become highly addicted, once addicted people cannot stop gambling and due to their mental stress they face losses quickly. You should have started gambling with little money as your amount of money is very large.

Even though you know about many gambling strategies and have a pretty good win rate, there will be a different feeling that you feel when you gamble using money from a loan. Firstly, when you borrow it means you don't have the money to gamble, either because you don't have a budget, or because you have run out of money because you lost at gambling and this is the worst because it means you are wanting to recover from your losses which puts pressure on you to be able to produce and this feeling can make you lose your mind or not think rationally so you make mistakes in making decisions.
When you are out of money for whatever reason, it is better not to force yourself to gamble and even if you are able to pay, there will be interest which will reduce your profits, especially if you lose, meaning your losses will be greater.
full member
Activity: 535
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Sometimes I wonder what gives gamblers the audacity to go about borrowing and obtaining loans from loan sharks and banks just to gamble and I also wonder if truly their senses are with them when they gamble because I see no reasons why someone would gamble and losses everything on them and in some cases, they even sell their items such as phone jewelry if they have any on them just to gamble there after losing. What stops them from getting up and taking a walk out of the casino or gambling house for that moment  for a short while so as not to give room for borrowing. I am still thinking about it to know the exact reason and why most gamblers still continue to gamble after still recording huge loses.
That is why addictions are scary, under normal circumstances a person will never engage in a behavior that goes so obviously against their self-interests, but people can get their priorities so distorted by their addiction that they will do everything just to engage once more in it, and this is how we end up seeing people throwing their lives away over something that is just a game, and that should be just another one of the many hobbies we should have.
It is really important to realize the impact of addictive behavior, especially when it relates to gambling. Many individuals participate in imprudent activities that can result in serious consequences and destroy their lives. To avoid this kind of situation, it is crucial to be mindful of the harmful effects of gambling and abstain from it.
legendary
Activity: 2534
Merit: 1338
Sometimes I wonder what gives gamblers the audacity to go about borrowing and obtaining loans from loan sharks and banks just to gamble and I also wonder if truly their senses are with them when they gamble because I see no reasons why someone would gamble and losses everything on them and in some cases, they even sell their items such as phone jewelry if they have any on them just to gamble there after losing. What stops them from getting up and taking a walk out of the casino or gambling house for that moment  for a short while so as not to give room for borrowing. I am still thinking about it to know the exact reason and why most gamblers still continue to gamble after still recording huge loses.
That is why addictions are scary, under normal circumstances a person will never engage in a behavior that goes so obviously against their self-interests, but people can get their priorities so distorted by their addiction that they will do everything just to engage once more in it, and this is how we end up seeing people throwing their lives away over something that is just a game, and that should be just another one of the many hobbies we should have.
legendary
Activity: 3556
Merit: 9709
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Sorry to see the situation you are in OP. Hopefully you learnt from this and maybe practise responsible gambling in the future.

I’m not judging you, sometimes we learn from the tough lessons in life though. I am sure you will be strong enough to gamble more responsibly in the future, good luck buddy.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Gambling should never take part in debt, gambling usually results in losing. Those who don't know the strategy are basically facing losses.The way you participate in the loan is to suffer serious losses. Gambling is one such addiction where people become highly addicted, once addicted people cannot stop gambling and due to their mental stress they face losses quickly. You should have started gambling with little money as your amount of money is very large.
Playing gambling should not use borrowed money because it will give us problems where we have to think about how to return the borrowed money. We don't know whether we can win or lose from gambling while returning the loan money is something we do. But people who may be addicted to gambling will not think about this and will continue to look for loan money to continue gambling. They only care about the gambling game so they won't think about the impact they will have later. This should not happen to us, so we have to really take good care of ourselves and only gamble with the money we have, and even then, there must be clear boundaries in gambling.
sr. member
Activity: 728
Merit: 421
Indeed borrowing money to gamble is a life ruin scenario which really does not worth it. Imagine paying a debt you never made any profit from and also paying interest on it when you lose the loan to gambling after putting your hope with high expectations of winning and also making huge profits but the reverse became the case.
Do not think of getting loan from family or relatives even if they do not require you to pay interest or inquire to know what you used the money for but when it is time for repayment, you do not have enough funds to pay them and they discovered you told them lies just to get money from the to gamble all in the name of loan, I think that should be the height of insensitivity on your own part as they would never trust your words again when it comes to fiance. You will have your name tagged as a gambler forever and you would always be a reference point for negative explanatory.

Taking out loans to gamble is a path to ruin in life, so it's no surprise that they get into a lot of trouble, including getting into debt and being chased by debt collectors if they take out loans from big companies, such as banks. However if they take out a loan from friends or family,  I think they will only be given warnings and reminders or reminded to immediately pay off the debt In my opinion they take out loans to gamble because they have been hypnotized by gambling so they cannot get rid of their bad habit.

realizing that gambling is not a source of money needs to be applied because with that I think they will not take actions that are indeed at great risk And if they take out a loan for gambling too it will not guarantee that it will produce a win that can pay off the loss at once by paying off the forest, not to mention if they borrow from the bank of course with those who are addicted,  their mindset is already messed up  so it is likely that they will not pay off the debt they have, so that it can spread to their own family and of course this is very unnatural. if they dare to act they must take full responsibility for their actions.
Sometimes I wonder what gives gamblers the audacity to go about borrowing and obtaining loans from loan sharks and banks just to gamble and I also wonder if truly their senses are with them when they gamble because I see no reasons why someone would gamble and losses everything on them and in some cases, they even sell their items such as phone jewelry if they have any on them just to gamble there after losing. What stops them from getting up and taking a walk out of the casino or gambling house for that moment  for a short while so as not to give room for borrowing. I am still thinking about it to know the exact reason and why most gamblers still continue to gamble after still recording huge loses.
hero member
Activity: 1092
Merit: 507
Leading Crypto Sports Betting & Casino Platform
Indeed borrowing money to gamble is a life ruin scenario which really does not worth it. Imagine paying a debt you never made any profit from and also paying interest on it when you lose the loan to gambling after putting your hope with high expectations of winning and also making huge profits but the reverse became the case.
Do not think of getting loan from family or relatives even if they do not require you to pay interest or inquire to know what you used the money for but when it is time for repayment, you do not have enough funds to pay them and they discovered you told them lies just to get money from the to gamble all in the name of loan, I think that should be the height of insensitivity on your own part as they would never trust your words again when it comes to fiance. You will have your name tagged as a gambler forever and you would always be a reference point for negative explanatory.

Taking out loans to gamble is a path to ruin in life, so it's no surprise that they get into a lot of trouble, including getting into debt and being chased by debt collectors if they take out loans from big companies, such as banks. However if they take out a loan from friends or family,  I think they will only be given warnings and reminders or reminded to immediately pay off the debt In my opinion they take out loans to gamble because they have been hypnotized by gambling so they cannot get rid of their bad habit.

realizing that gambling is not a source of money needs to be applied because with that I think they will not take actions that are indeed at great risk And if they take out a loan for gambling too it will not guarantee that it will produce a win that can pay off the loss at once by paying off the forest, not to mention if they borrow from the bank of course with those who are addicted,  their mindset is already messed up  so it is likely that they will not pay off the debt they have, so that it can spread to their own family and of course this is very unnatural. if they dare to act they must take full responsibility for their actions.
sr. member
Activity: 784
Merit: 372

I have always advised people not to take gambling seriously but I myself became heavily addicted to live blackjack from stake.com and kept winning and losing. In this case I will not blame the gambling site because they give live cards. I started the game with just $20 but

Gambling should never take part in debt, gambling usually results in losing. Those who don't know the strategy are basically facing losses.The way you participate in the loan is to suffer serious losses. Gambling is one such addiction where people become highly addicted, once addicted people cannot stop gambling and due to their mental stress they face losses quickly. You should have started gambling with little money as your amount of money is very large.
sr. member
Activity: 728
Merit: 421
There are things that greatly distinguish traditional business from gambling or, for example, trading. In business, if you have a skill, as well as the business that you are doing and this is a business in which you have already achieved some success, then you can take out a loan for it. I know businessmen (and their approach seems reasonable to me) who do not even take out a loan to develop their business. After all, it must be paid back with interest. What if you take out a loan, and your business goes into decline and there is no money to repay the loan? We see that even in business this is something that can be a source of serious losses.
     As for gambling, where your winnings are not guaranteed at all and where, as a rule, you have a negative advantage over the casino, the situation is even more complicated.
     I always recommend doing an experiment with small amounts of money before taking out a loan.

Business and gambling are both risky, but the risk involved in one is greater than the other. When it comes to business, one must have the skills and experience, or you can get the expertise of those who have the knowledge of the business to run it for you so as not to be at a disadvantage. Doing so would give you a great edge over your business as a profit-oriented organization. But gambling, I think, is not the same as business. As a gambler, you only go to the casino to play, and when you play or gamble, you should know that you are playing against the house and that it is always to your advantage or disadvantage. So therefore, if you record losses, then you have failed knowingly because, in gambling, it is always known that casinos are built in the favour of the house.
hero member
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That's not going to happen if they lack self-awareness though but despite all that, I think that they're still able to get saved from their addiction and to be rehabilitated but the only problem with this one though is the fact that they have to be the one to do the first step and that they should be the one that's willing to do the rehabilitation.

I have both experiences. There was a time when I was gambling day and night and I couldn't even sleep because I wanted to gamble more and more. Money is an addiction and when gambling offers you unlimited money to win, a person will try to win that. This is typical human behavior. When I lost a big amount a couple of times, I promised myself not to gamble anymore. But I ended up trying those games again, but with a low amount of money. If your money is hard-earned, you know the feeling of losing it.

I started changing myself when I lost my entire salary in one session. Then I started to ask myself, what have I got from gambling except losing my hard-earned money? I have worked for a whole month to earn it and it takes a few minutes to lose it. I would I manage my family expenses this month? I had to be more responsible. I have not gambled much since then. Even if I do, the amount does not exceed $50 in one session.
Good for you that you're a changed man despite the allures of addiction, I've seen a lot of people say that if you're addicted, just seek help but they forgot the part where you have to be the one that's ready for the change and that the realization that what you're doing is only going to hurt you is going to be the start towards rehabilitation for any addiction. Although I still you're not fully recovered since you're still gambling from time to time, it's still is a moment for me to be proud of you and many others of similar situation because you've overcome something that a lot have tried to fight but either succumbed to the deepest pits of addiction and just gave it all up or died from it (although it's the worst case, gambling addicts have a low chance of getting to this stage).
It is in two categories my friend, and as we all know if we look around us, we people are not made the same way, we have abilities and restrictive power more than each other. Some are so wise and talented, while others are so foolish and you will barely know what they are good at. The same thing is applicable to our minds as well, some people have weak minds, while others have strong minds. For those who have strong minds, it is easy for them to say no to addiction or what they just do not want anymore, this is simply because they have the Willpower due to their strong mind. But for those who are weak in their minds, they might probably need external help before they can do the right thing. This is why the advice in gambling has never been general if we are to be thorough, we should advise based on the individual situations. I've won the addiction to gambling once, but for other things, many times since I have that strong mind. But others will not be able to do that, though it it good to try that first, but if it is not working, I advise the person or the people around him to seek help for them before it is too late.
hero member
Activity: 2912
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Leading Crypto Sports Betting & Casino Platform
Cheers to you, friend, I hope you can quickly pay off your bank loan, so far or since I gambled, I have never done anything very fatal financially, even though I made a mistake, it probably only took 1-4 weeks to recover financially, from your experience I can pressure myself to gamble appropriately or gamble with what I am willing to lose
By knowing other people's stories about their gambling experiences, we can learn to avoid it if it will bring us harm so that we don't have to experience it. You have made a mistake, and you are lucky to be able to recover from it in a short time. That is an experience you must remember and avoid again because it is a mistake you have made in the past. That's why we have to really put pressure on ourselves when playing gambling not to use money that we can't afford to avoid more losses. We must control the use of our money and must not gamble excessively. And what we must always remember is that we don't need to borrow money to gamble, otherwise we will get into trouble later.
legendary
Activity: 2562
Merit: 3477
There are things that greatly distinguish traditional business from gambling or, for example, trading. In business, if you have a skill, as well as the business that you are doing and this is a business in which you have already achieved some success, then you can take out a loan for it. I know businessmen (and their approach seems reasonable to me) who do not even take out a loan to develop their business. After all, it must be paid back with interest. What if you take out a loan, and your business goes into decline and there is no money to repay the loan? We see that even in business this is something that can be a source of serious losses.
     As for gambling, where your winnings are not guaranteed at all and where, as a rule, you have a negative advantage over the casino, the situation is even more complicated.
     I always recommend doing an experiment with small amounts of money before taking out a loan.
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