Topic: Do not gamble with Loan Money~otherwise you will be in danger like me - page 15. (Read 4955 times)

There are many bad experiences shared by other people, especially in this forum, plus there is also a lot of advice and suggestions that are presented and this is clearly very useful in learning to have wise and responsible attitude, especially when it comes to gambling.
If there is willingness to learn then everything here can be understood slowly and I sure there will be common ground where when all the information related to various experiences, advice and suggestions can be completely understood then we will definitely be able to become wise and responsible gamblers without ourselves realizing it because everything will become habit in making decisions.
As discussion about borrowing money for gambling, of course there is lot of feedback and advice attached so anyone only needs to read it from the start to be able to understand everything.

But in the case of borrowing money for gambling, it will be difficult to stop, especially in land-based casinos or physical casinos because there are loan services provided by casino owners for all their customers.
Some people even become loan sharks who deliberately stay in casinos and offer loans to gamblers who have run out of capital.
I have seen it and it is very clear that he has to pay interest that is almost half the amount of money lent and in an unwritten agreement he will have double the interest if he does not pay the debt until the maturity date.

It is not recommended to gamble using borrowed money, it is very likely that the result will be the same as what happened to you now. You have crossed the line in gambling, not because you shouldn't gamble, but you need to control yourself by being a responsible gambler. There will always be losses and regrets resulting from loss of control in gambling. Use the winnings as additional money to continue betting and use losses as a lesson to be more careful in increasing bets.
Your passionate emotional level of wanting to immediately take back the money you have spent makes you fall deeper into defeat. This kind of thinking needs to be changed in order to maintain financial stability and prevent debts from becoming a burden on life in the future.

Gambling with money loan can be big mistake of your life. Because no one can gives you surety that you are taking loan for gambling and you are going to make profit with that. Is some case you are lucky win. But you thik if you faces loss with the loan money then what is going to heppend. If you face loss you can't refund in time that will insult your family. Thats the reason don't gamble with loan. If you loss that will be big suffer for you.

Learning from other people's mistakes can make us wise in responding to what we need to do when playing gambling. We can also avoid unnecessary problems to gamble comfortably and enjoy relaxing moments. And that's why when we read that there are people who borrow money from other people to gamble, we have to realize that it is a mistake because instead of winning, we can lose, which will give us problems where we have to return the borrowed money. And from other people's experiences, we can avoid things like that so that we don't experience any problems during and after we gamble.

Yes, sometimes we go into debt for something that is needed for the necessities of life alone makes us feel uncomfortable, especially if we make loans as an alternative to gambling when we run out of money then obviously this has the potential for new, worse habits and also the potential for much worse impacts to occur. Therefore, never try to take out a loan just to gamble, the fear is that you can get into the habit of doing that especially when you get a lot of losses in each session which of course later you will enter the scenario of borrowing money to chase the win and get the winnings to pay off debts, this scenario will never be completed and this is the beginning of someone who will fall into debt in the end. As you said earlier that if you take a loan because of an urgent situation for other things such as your life needs I think it's normal because that's one of the benefits of why there is a loan, but if you borrow only for something that never has certainty and guarantee for a return such as gambling then obviously it is a ridiculous action and decision, only one thing to worry about is that you can experience debt problems that can make you depressed.

Excessive gambling is of course due to their wrong mindset, and if they are like that they must be able to change their mindset towards gambling, where they must gamble appropriately without doing it excessively which will only make them financially difficult. which can also lead them to borrow money. either for gambling or for his own needs.

You are right, the key is self-control, because with good self-control all things that lead to gambling addiction or losses can be avoided. and for those who use gambling as an income, they must remember that gambling is not a place to make money, but this is just a paid game, and even if you win it is only a bonus from the game and the rest after that is in your own control. because many people who gamble have their own mindset which ultimately makes them trapped in gambling which is difficult to get out of.

Your remarks are bittersweet and true, so I nod. The joy of gambling becomes a crippling addiction in similar cases. What if gambling was enjoyment rather than a financial strategy? Gambling may be an enjoyable, affordable part of our lives, just like going to the movies or eating out. Now Im aware of the risks. Your neighbor's experience shows they're genuine and heartbreaking. What if we gamble with only what we can afford to lose, treating it like a ticket to a show where the entrance fee is chance? Responsible gambling may need this mindset shift.

Gambling chances are against us. Designed that way. Can we still have fun? Absolutely! The key is self-control and seeing gambling as a supplement, not a means of income. This may let us enjoy the game without falling into its traps.

Exactly! I can say that we don't have to experience any kind of problem in order for us to learn because we can still learn from other people's mistakes and we can get an Idea from them how to prevent things to happen to us just in case we find ourself in that situation. this kind of incident is very typical irresponsible gambler problem, so I think many gamblers out there see this as an eye opener for them to not do it but it really depends because sometimes, even they knew what will be the consequences of doing it, they still do it for the sake of their satisfactions.

You are right because by learning from other people's experiences, a person can gain more knowledge, which will be useful for him if he faces problems that are similar to those experienced by other people. He can look for solutions to solve his problems without confusion and will only take a short time to get the solution. He could also avoid anything similar to the knowledge he had gained so that nothing bad would happen to him. He can also be wise when facing something different so that his decisions will also be adjusted to these conditions. When he doesn't have money to gamble, he also won't borrow money from other people because he already knows from other people's experience that borrowing money to gamble is not recommended. After all, it will pose a greater risk for him. He would always avoid it because he didn't want to get into trouble that he couldn't face.

Yes that's right, we must have firmness in our self-control to really avoid ideas like this or that means avoiding not to make loans just for gambling, basically making loans is not prohibited because in general usually people will make this as an alternative when they are in an urgent situation and need money but if you make loans just for gambling then honestly it is really not recommended, none other than because gambling has a much higher risk than the chances of winning and the fear is that you will lose the money you borrowed, even with a very fast time.

On the other hand there is one of my neighbors who also gambles and he always uses loans as an alternative to getting money to then use as his gambling budget, the initial stage may be fine but as time goes by it will become your habit, debts accumulate and you are increasingly ambitious to get a win because you want to pay off your debts with winnings from gambling, until finally that person runs out of everything and now his family is ruined because of economic problems due to the impact of excessive gambling. Yes basically there are enough examples that we can make lessons, I'm sure most gamblers don't want to end up in a slump, so from now on immediately change your perspective on gambling, don't focus too much on winning because you have proven it yourself that the final result is more disappointing.

That’s just the sad thing about loans, while everyone is working towards their future, some are trying to keep up with the present by being able to eat comfortably at the time, and some are still struggling to settle their past. Imagine paying a loan for so many years, you’re trying to move forward but it won’t let you. I understand how you must feel but again, I hope that you learn from this, and when you are done repaying the loan, you will never take another one unless there is an actual need for it.

I don’t think loans should be taken out and used for something that’s not productive and profitable in the long run.  I’m well aware that people take loans for various reasons and not just productive ones like gambling. It’s not news anymore seeing a gambler lose money borrowed from wherever or used money budgeted for something else. Unfortunately, these sad tales do little to dissuade others from towing the same path.
The probability of having a loss is higher than a having a guaranteed win. I definitely would not use borrowed funds that has an interest on it to gamble.

It is actually heaping debt upon debt because you will continue to lose money as you borrow to gamble because gambling is not something you mess with because going off limit is extremely risky because borrowing to gamble is another method to ruin yourself. Because gambling requires you to be satisfied with what you desire and to be strict about what you do while gaming. It is better to have money before gambling and have a specified amount of money to gamble with than to not have money and want to gamble if you don't have money is to leave it alone until you have a free or money you can afford to lose. Because there is a certain amount of money you will gamble with, and if you lose, you will almost cry because of it. When. You lose good money depression will fall in. It is always better to be wise and gamble wisely if anyone don't want to be depressed.

Things would really become that messy on the time that you would really be having those considerations on which they would really be taking up some loan for them to gambling.
The thing you have said was right that it would really be just considered to be a good debt if it was really that been applied on some business and not on gambling alone.
You are putting yourself on danger on which making  yourself fall into the pit of debt and if you wont really be that careful then you are really that bounding to destroy your life and with your family.
Loan is something that would really be just useful if it would really be applied in things which you would really be that able to benefit.

Dont know on why other people would be having this kind of mindset on which they do know that it could bring out devastation into their finances.
They would really be just making up that decisions on trying to avoid when things starts out on being messy.

Except you are lucky to win hugely from your stake then it will really be difficult to pay back such loans as you may be too constrained such that you may want to win much more before wanting to pay back that which you borrowed and in the process, you could possibly end up Lossing everything all at once.

Winning stories are the best and interesting in as much as people do often not share their Lossing story, most persons aswell Also do not want to share in your story of failure but only the wins so they would Lear to build new strategy from that which you used to win and so this has caused so many to limit their stories to only their wins aside which they will keep to their selves. Newbie gamblers mostly fall victim of talking in only winning stories and don't really understand there have been series of losses before the wins became a reality.

Multiplying debt which means that you are multiplying your own problem and this is something that you would really be needing to avoid. Just simply making use of your own common sense, why the hell you would really be taking up some loan just for you to gamble and lost it all in a few seconds on which you would really be needing to repay those amounts in a long time? You are really just that basically putting up yourself on such big trouble on which this is something not really that even recommended for you to do such thing. You would really be definitely putting up yourself on such trouble or danger on which it might lead into suicide if the pressure and anxiety is something that cant be handled on which we've seen that there are people do comes into this point.

Gambling with borrowed money is just another way of multiplying the debt because most likely the money will be lost. The first thing every gambler must do is to ensure he has sufficient funds for his needs before venturing into gambling. Unfortunately, many people gamble with money that are not theirs hoping to win and pay their debts thereafter, enjoy the balance. This hardly work as planned!

There is a strong psychological barrier that is attached to playing with funds you cannot afford to lose. It is the source of fear and anxiety and presents a thin line to depression. As much as possible, we should avoid gambling with funds that are not ours.

You have to see the context of what this means, just thinking that borrowing money to be placed in a casino is something that is logically not right, I only see it as fine if you are a rich person and you forgot Carry money in your wallet or something like that, it is the only way you can accept, that you can borrow the money that is necessary and then the things that are given while playing if you lose them, then that person goes for your wallet and pays that money, It is the only way to see it well, but for a common person, who has a medium to low economy, that is something very irresponsible, because after that debt the most likely thing is that they will have to get into another debt because they have to go out Lending money to pay it immediately, and possibly paying very high interest so that you can put it well as collateral, apart from asking for collateral is risking the value of it, I believe that things should not be like that, it should be another way.

As I have said on other occasions, when things are not about money, you have to treat them with great care and not do things for the sake of doing them, do them well thinking about the consequences, I am not saying anything about lending money for some emergency, It is something normal, and it is considered good, to get out of the urgency, but lending to play is an act of scoundrel, because obviously there are options that are more priority, and not everything has to be given to enjoyment, pleasure, and Normally when money is lent the person tends to spend it all and lose it, being left with very empty hands and pockets, that is what we usually have to think about before doing anything, so before playing we have to have a lot of responsibility, a lot of restraint. and above all take care of things that could affect us later, that is why not only in the case, but in any eventuality in life we must be responsible people with ourselves, and not put things like that.

logically, gambling using your own money without a loan always results in defeat and a gambler must understand this, that gambling using borrowed money is the same as making life more complicated, there will be no resolution, as in many cases, gamblers start betting with borrowed money worth $100 and lose, then borrow $200 from someone else to catch up on the loss and so on until it becomes a very large amount.
well, a small mistake but a gambler often doesn't realize that this small thing can make a gambler poor and lose all his valuables just to cover his loan.

These days, learning from peoples experience saves stress and makes one keeps abreast of happenings as it bothers around such activities. In scenarios as this, it is unwise to just take it upon oneself to do such. Borrowing to gamble does not sounds normal. It is just like one rubbing their hands in excretes when you are given water to wash your hands. Gambling is not a bad idea but that should not warrant you to get addicted to the point of going after a loan to gamble. If it is okay for one to look into gamblers histories, one would be able to learn from it and use it as a guide if they still deem it fit to gamble. But however like they say experience is a teacher only a reasonable person would learn from that experience and not act otherwise. OPs case should be a lesson as well.