Topic: Do not gamble with Loan Money~otherwise you will be in danger like me - page 16. (Read 4955 times)

Usually with loan money everything goes wrong as it is like a curse,every person who playes with borrowed money loses in the end and I agree people who play with money that are not of their own usually have not success in gambling.I have not read any story anywhere in the world or internet that a person won the jackpot with borrowed money.The best is to use money you have at your disposal,never chase the lost money with your available money or even worse with borrowed money.

Indeed, we often face increased pressure to win when we gamble with borrowed funds in order to pay back the loan, which also means we may have to pay interest and other fees. And this pressure we experience may push us to engage in riskier behavior, such as impulsive gambling, which can be harmful to our financial and personal well-being. If we lose, we have this emotion of regret and guilt because they are the ones that will awaken our conscience, and we will decide what to do just so that we can recover our victory and pay off our debt. Because of this, we ought to carefully consider if a course of action will assist us or if it will only make our situation worse before doing so. Perhaps we will end up like the other people who died and were posted in the forum because of gambling losses. It's also possible that he had debts, and in the end, his family suffered as a result of his reckless actions. This will serve as a lesson to gamble responsibly.

Gambling with any money no matter it is from a loan, a salary, you get it for free can be a big mistake if you do not know how to gamble and manage the money responsibly.
Even if with a loan, as long as you can manage the money responsibly, it is not a big mistake.
It will be a big mistake if you think that you will be able to repay the loan with the money you win from gambling.
Lets say I take a loan for gambling, but I know that I'll be able to repay it because I will get some money from a salary or from other sources and the money I take from the loan is only lets say 10% from the money I'll receive, is it a big mistake?

I have been subjected to such a situation and have not been able to repay my loan till now. I don't know how many years it might take me to pay it off. Because it was a very big amount for me. And that's why I shared my real experience here.  Everyone only shares their winning stories to attract others but no one ever shares their losing stories which is why many new gamblers do not hesitate to jump into gambling without thinking. so everyone should be very careful about gambling activity

I completely agree with you, loans are something that can make us have a life based on negative things, everyone who lends is stressed all the time, owing money is not a good thing, in any case they are always very stressed and Pretty bad, that's something that doesn't allow the employees to move forward, because everything is based on the fact that they have to do things in order to be very focused on it, many people say that when they owe money they can't even live in peace, of course when they have the responsibility to pay , because there are some who are late in payments and are worse than ever, so that is not the idea, the idea is that things can flow and do things well in daily life, also when they are late in payments and if they are paying loans + interest, because they will not be able to pay capital, that is something that has many aspects and is hard.

Now, if being on a loan and at the expense of a Casino to play is something that I do not see well, in fact it is something that admits a lot of irresponsibility and something that should not be done, therefore when we are in a In a situation like this, we should do everything possible to get out of it, there is nothing worse than having things done like this, I always recommend looking for a way not to lend money for games, I consider that you should do what is necessary to avoid These types of things, of course we must lend in situations that are quite strong, for example for a medical emergency, for an emergency of another type , but basically an emergency , one day when my wife was pregnant it was very difficult for me to get the money , That's why I will always see things that way so that it can be necessary to be with everything right, there is no way that things can happen right when there is a loan and associated with the fact that it was for a game , it is like throwing money Away , with things to consider before making any move.

I think it's safer for me to gamble with the money I have than to gamble with a loan. Gambling with a loan from others involves a lot of stress, like losing the gamble to repay the loan to the borrower.  If you gamble with your own money, even if you lose, there is no tension, so I never think of gambling with a loan. If anyone thinks of gambling with a loan, it is a big mistake.

Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.

If they prefer to experience their own experience, they have to feel the bitter reality where they get that experience through themselves. But it's different if they can learn from other people's experiences so they don't have to feel it because maybe they won't find a way out. After all, the scenario will be different from the one they will face. If they can learn from other people's experiences, at least they can think about a way out and won't be confused about finding a solution if they experience it because they have already found a way to solve the problem.

Casino games are gambling games that require money to start, although people can use the demo mode to play gambling games. That means they don't need to borrow money from other people, which could burden them when they want to pay the money, especially if they experience a lot of losses. Hopefully, they can realize what they have done and start reducing their gambling activities for their own good.

It is a fact that many gamblers experience defeat, and it is also true that there is no guarantee of winning in gambling. and with the large number of people they lose in gambling, this makes gambling look bad, so there are people who borrow money to gamble. If they don't gamble too much, obviously they won't experience big losses, but in reality everything turns around a lot those who gamble excessively so that there are people who dare to take big risky actions such as borrowing money just to gamble.

What is called gambling is a game of chance so it is clear that we cannot predict whether we will win or lose,  but it is very likely that we will lose because the chance of winning is smaller than the chance of losing. and those who cannot accept defeat make them experience many losses which ultimately lead to financial difficulties for themselves.

Being in debt is stressful, people who owe money and are having a hassle paying back the debt, find it hard to concentrate in their endeavors. Gamblers, out of the stress and anxiety, would want to recover the lost money, hence they'll be able to payback. But due to the expenses in a man's daily activities, when the player wins, he'll find it hard to pay his debt. As he may have accumulated series of debts from different people and organizations. Gambling with loan is wrong. One needs to be sure of his moves before taking loan. Despite that it's not advisable to rely on loan in any activity we want to venture into. The addicted players may have gotten addicted to taking loan such that they will rarely gamble using their own money. The finances used for gambling now revolves around borrowed money.

Really people do not learn from peoples experience but rather would prefer having their own first experience before they could realise that they had made a mistake. The issue of obtaining loan is never a wise idea rather if one should go for a loan, it should be for investment purposes and not for gambling because it is not guaranteed that it might turn out to be a win in one's favour. I have never seen a situation where by a win spree is declared by a casino that one would muster that confidence to go for a loan so they could win a casino.

Casino games are always in-house victory in their favour and not for gamblers. So this is enough reason why as a gambler you should be wise and not seek for loan to gamble because your winning is not guaranteed and such casino would only end up taking from you what you have with them leaving you with nothing.

Its never been that wise in the first place and it would be always best that you should really know on what are the actions that you are making.Its never been sensible on taking up some loans
just for you to gamble. It would be that better that you do make out some loans when you are doing invesment but if not then its not really that wise on doing such thing. You are just basically making yourself that putting in much trouble if you do make out such decision. People wont really be that be able to learn up something until they would be able to experience those unfortunate conditions on which this had been always the main problem for most is that they do learn when its too late.

True, and it will actually make the possibility of risk even greater, plus on the other hand the actual fact is that the percentage of wins is much smaller than losses, and with that I think it's really not recommended if you borrow money just to gamble, don't go too far because after all gambling is nothing more than a game of chance, if there is certainty and guarantee to win then it's natural for you to do something like that but if the fact is that everything is still gray then I think it's really a very silly approach to gambling, On the other hand it is not uncommon to see addicted gamblers who end up with a lot of downturns, not only losing most of their assets but they also hold a lot of debt and what happens is the possibility of depression or even going crazy because they are unable to withstand all the pressure due to the situation, so the point is I hope you can fix the wrong mindset and perspective on gambling before it's too late and regret it.

I do not see it as a wise decision to gamble with a loan or borrowed money when you do not have any guarantee of winning a gamble. It is obvious that some gamblers do that and if you do a close check on them, you will realise they are addicted gamblers and that will keep them in mortgage. Gambling is not a quick alternative to wealth and that has been the mindset of some gamblers who have the ideology of keep trying one day it will pay off that is how they get deceived and keep gambling to the point of taking loans for gamble.

Until gamblers begin to see the risk involved in gambling, they would never think of it till they have an encounter that would cost them something meaningful that could help them in the future, that is when they realise that they have lost something and begin to mend their ways to stop gambling if at all they could.

Borrowing is not bad as long as we know how to return borrowed money; the only problem is if it is used. Now the question is: is it bad to gamble? The answer is that it's not bad to gamble; it's just that we know that gamblers often lose in gambling, and there's no guarantee that we'll win.

This is the problem where we bet a large amount of money without knowing if we will win, and then when we lose, it causes a gambler to do bad things that can affect him and other people, and that has bad and adverse effects.

At most, i always try to stay away from loans and sometimes I may likely not even gamble with money that I did not set aside for gambling and since that be it I will not go for loans to gamble with since I know the under lying risks that is involved in gambling and how unpredictable it can be so taking loans means their is higher chances to default from paying since it's uncertain that you going to win the games.

So it's a red light for the lender and a potential lost on his side unless there is collateral to cover for the lose if there be inability to make repayments as at when due.

Even myself on which there's no sense or no way for me to take up some loan just for me to make some gambling activity,.It isnt really just that right to make such move because you are really
that putting yourself on such great trouble because taking up some loan will really be just that putting you into hardship on repaying those debts on the time that due date approaches.
Unless if you are really that good on paying debts and loans then its up to you but spending up tons for the sake of entertainment and trying to cope up with those potential
wins? Its never been that worth and something that would really be recommended on doing so. I would really be definitely be completely stopping instead on taking further loans for me to have some further gambling activity.

I can't see myself using borrowed money to gamble. That could be toxic to me but I think there are people who are good using borrowed money to gamble and they are cool with that. It makes sense when we use our own money to gamble and if we don't have any winnings, we can go back home and relax which is better that using funds that do not belong to us and losing could be tragic to us making ur overreact because the money could have been used for something better that will yield results. Everything thing in gambling is very risky and our decisions need to be analysed carefully so we don't make decisions that would hurt us later.

borrowing money just to gamble is not a really good idea, it's not worth it. You just take a rock and hit your head like that. Does anyone want to be in debt? Of course, no one wants to be in debt and reach the point where they can't pay, so I don't like those who borrow money just to gamble because they know it's too risky.

Gambling with borrowed funds is looking like you are risking yourself twice. We can also say seems like you are Double Downing with a 16 soft hand. Where you have a very low chance to win and if you lose it will be double.

Of course, gambling with borrowed funds increases the pressure and this also can force you to make some risky decisions because you must need to win to pay the loan.