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Topic: Do not gamble with Loan Money~otherwise you will be in danger like me - page 2. (Read 4955 times)

legendary
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Honestly for myself I can't say that borrowed money will make you always lose at the end of the session, I can't confirm that because after all if you are lucky enough then obviously even if you gamble using borrowed money you will still win in the end, But the thing about why it's so forbidden to gamble using borrowed money is because it's an action that will lead to a new and much worse habit, which is that you could potentially experience new problems in your life such as getting into debt, because I doubt that when you've tried taking out a loan then you're not interested or addicted to trying to take out another loan when you don't have the money to gamble.

Indeed, in this case the loan money will sometimes not make you lose, but on the other hand we must be aware of the risks and conditions that will be obtained.
We know that the concept of gambling that we can confirm at this time is that there is more probability of losing than winning, so by looking at this condition, we are definitely aware that sometime taking out loans just to gamble has a greater risk than your own money because in the end besides In the worst case scenario, we lose, we also have debts that must be paid and that is the consideration for not gambling with borrowed money because after all the risk is much greater and will give you a headache.

In fact, if you feel that you will be more profitable and not be bothered if the worst possibility happens then it is not a problem, it's just that we don't know what will happen with the gambling we do because we hope for luck by forcing our will to gamble i think that's too much.

As I said above, it really doesn't matter what kind of money you use, or I mean whether it's borrowed money or even stolen money, you still basically have the opportunity to win like any other gambler, and if luck comes at the same time when you gamble using borrowed money then obviously you will also be able to win. So let's be clear here that what is dangerous is "the way you make money to gamble" which is clearly dangerous in the long run when your interest in gambling is getting worse which means you will never feel hesitant to eventually return to borrowing just for something that has absolutely no certainty, and obviously the risk is that the debt will accumulate. If the situation ends up winning, that's great, but sometimes there are a lot of people who always act greedily which in turn triggers new problems.

All you think is nothing more than hallucinations that come out because you put your hopes and ideas of earning on gambling, many people are too sure that they will really win when in fact it is nothing more than their feelings as a result of putting their hopes on victory that always runs randomly to determine who wins.
legendary
Activity: 2590
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Leading Crypto Sports Betting & Casino Platform
Gambler should not be too serious that he consider his loss as losing of everything because of such habit gamblers initiates taking laon from others as they want to gamble more in order to cover all losses. One should not think about gambling whole of the day but consider it as a fun to play only for single day in whole month so he will not be trapped in bad habbit like that of other gamblers.

If you Loss more or win in that single day then forget it and don't think with emotions because it can change your good habit into bad one. Also don't increase the limit of your gambling and amount of your money for gambling so when there is a limit there will be happy ending but once your cross the limit you will spoil your own life by starting gambling for whole of the day.

This response of yours, is quite crucial, and helps in defining responsible gambling. However, since we are looking at the human brain and emotional intelligence, not everyone would be able to get hold of wagering little amount of money forever. Most often, the casino offers those wins to move the gambler to wager more money. It's a game between the house and the casino and must be taken with extreme caution. The loss of money also affects the player psychologically, thereby putting him ahead of his thoughts, he acts not completely from his instincts, but from the ideas of getting his money back. Thereby, leading to an endless struggle of winning big, which attitude, leads to taking loan in gambling. Placing the gambler in a more dangerous stage of gambling addiction.



What I think about this is that things are always going to happen so that they can be better in terms of betting, well we are players who make short bets with little money, and I come out respectable, we don't have to be too alarmed, that's what I want To say that things with games are very crucial at any time, but whether with little or a lot of money, our responsibility must be above anything else, that is, you should not allow us to become decapitalized, it is something that does not make any kind of sense, Personally, I will always say that the things that are dealt with more widely and in more detail have to be done better, there is no other way, it is something we look for, in a casino the idea is to win, so due to these problems, we always We are going to have a lot of thoughts and many solutions to things and everything we see is that it always tends to money, there is nothing else other than money, so it is imperative to take care of it.

When I play in a casino I avoid any possibility of addiction, but it is because I allocate money only to gamble, and to lose, there is no other way, I have to do it and see it that way because otherwise if I play trying to control my emotions that is a lie , I will not achieve it because that is something almost impossible, yes there will be people who threaten it, but I prefer to control my money and set a limit and that is where the money goes, beyond that I do not bet, because that is a lie that If you put more money in a casino you will win or recover, no, quite the opposite, you will lose all that money and whoever continues to put it into play. And the truth is, I don't like to lose at all, and I think that no one likes to lose, I will always say that things have to be done well with respect to money, because money is the first cause of addiction, there is no plus other reasons because whenever things manifest to make money it is present, and for now things continue to work like this, that is why whenever we go to our casino, we must take that precaution.
hero member
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Leading Crypto Sports Betting & Casino Platform
Gambler should not be too serious that he consider his loss as losing of everything because of such habit gamblers initiates taking laon from others as they want to gamble more in order to cover all losses. One should not think about gambling whole of the day but consider it as a fun to play only for single day in whole month so he will not be trapped in bad habbit like that of other gamblers.

If you Loss more or win in that single day then forget it and don't think with emotions because it can change your good habit into bad one. Also don't increase the limit of your gambling and amount of your money for gambling so when there is a limit there will be happy ending but once your cross the limit you will spoil your own life by starting gambling for whole of the day.

This response of yours, is quite crucial, and helps in defining responsible gambling. However, since we are looking at the human brain and emotional intelligence, not everyone would be able to get hold of wagering little amount of money forever. Most often, the casino offers those wins to move the gambler to wager more money. It's a game between the house and the casino and must be taken with extreme caution. The loss of money also affects the player psychologically, thereby putting him ahead of his thoughts, he acts not completely from his instincts, but from the ideas of getting his money back. Thereby, leading to an endless struggle of winning big, which attitude, leads to taking loan in gambling. Placing the gambler in a more dangerous stage of gambling addiction.

sr. member
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I totally agree. Borrowing money for gambling is a formula for catastrophe. It's risky enough to invest money in appreciating assets, let alone borrowing money to gamble on depreciating assets. You are jeopardizing not only the money you borrowed, but also the additional expense of the loan's interest. It's a risky, expensive venture that may rapidly spiral out of hand. Even if someone wins, they are only digging themselves deeper into debt and fueling their gambling addiction. It's a difficult cycle to break.
There is no rewards in borrowing money for the sake of gambling, it's very hard to win when you are using borrowed money to gamble, it's not advised to do anything gamble with a borrowed money.
The problems are not the money a gambler borrowed but the problems rellies on the interest. It might be difficult for the loaner to pay, so instead of using a borrowed money to gamble it is better you use it to buy something valuable that you will be seeing everytime, so even when you are paying the loans and the interest you won feel remorsed for it. One who borrowed money to gamble and lose might also borrow another money and lose them all. Instead of losing a borrowed money it is better you lose the money you worked for, because you won pay any interest for it. However, the both of them are not quite okay but it's better to lose the one you worked for, than the ones you collected.

Honestly for myself I can't say that borrowed money will make you always lose at the end of the session, I can't confirm that because after all if you are lucky enough then obviously even if you gamble using borrowed money you will still win in the end, But the thing about why it's so forbidden to gamble using borrowed money is because it's an action that will lead to a new and much worse habit, which is that you could potentially experience new problems in your life such as getting into debt, because I doubt that when you've tried taking out a loan then you're not interested or addicted to trying to take out another loan when you don't have the money to gamble.

And on the other hand yes if you borrow from some reputable service or general loan service then obviously there will definitely be a certain amount of interest that you have to pay, so of course it is not recommended to gamble using borrowed money, because this will only cause new problems that will befall you, as I said above that most likely you will be addicted to always taking loans to finance your gambling and I can ensure that you will be surprised when you find out your total debt in a certain period of time along with you also have to pay interest. In general, borrowed money should be used wisely, because it is indeed a help when you need money urgently such as for the needs of life that cannot be tolerated, but unfortunately some irresponsible gamblers try to take advantage of the situation with the borrowed money.

In general, it's not bad to take a loan; as long as we know in ourselves that we will use it for something meaningful that can help us, such as building a small business, that's fine. As long as it can produce a profit for us as well, which is also the source that we can use to pay what we owe.

But if you only use it for gambling, it's a bit like taking a big rock and hitting yourself, and that's not good because, for sure, most of the time, most of the gamblers lose, so there is no certainty if we will win in gambling.

exactly, there is absolutely nothing wrong with borrowing money from banks or lending companies as long as it is planned and used correctly or appropriately. If you use the money you borrowed to build a start-up business, you can't say that the money you borrowed just went to nothing, but if you just use it for gambling or any other thing where there is no guarantee that the money you used will come back, that the wrong thing is, what if you don't have any other money to pay for the money you owe? You will end up in debt because of what you did.
sr. member
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I totally agree. Borrowing money for gambling is a formula for catastrophe. It's risky enough to invest money in appreciating assets, let alone borrowing money to gamble on depreciating assets. You are jeopardizing not only the money you borrowed, but also the additional expense of the loan's interest. It's a risky, expensive venture that may rapidly spiral out of hand. Even if someone wins, they are only digging themselves deeper into debt and fueling their gambling addiction. It's a difficult cycle to break.
There is no rewards in borrowing money for the sake of gambling, it's very hard to win when you are using borrowed money to gamble, it's not advised to do anything gamble with a borrowed money.
The problems are not the money a gambler borrowed but the problems rellies on the interest. It might be difficult for the loaner to pay, so instead of using a borrowed money to gamble it is better you use it to buy something valuable that you will be seeing everytime, so even when you are paying the loans and the interest you won feel remorsed for it. One who borrowed money to gamble and lose might also borrow another money and lose them all. Instead of losing a borrowed money it is better you lose the money you worked for, because you won pay any interest for it. However, the both of them are not quite okay but it's better to lose the one you worked for, than the ones you collected.

Honestly for myself I can't say that borrowed money will make you always lose at the end of the session, I can't confirm that because after all if you are lucky enough then obviously even if you gamble using borrowed money you will still win in the end, But the thing about why it's so forbidden to gamble using borrowed money is because it's an action that will lead to a new and much worse habit, which is that you could potentially experience new problems in your life such as getting into debt, because I doubt that when you've tried taking out a loan then you're not interested or addicted to trying to take out another loan when you don't have the money to gamble.

And on the other hand yes if you borrow from some reputable service or general loan service then obviously there will definitely be a certain amount of interest that you have to pay, so of course it is not recommended to gamble using borrowed money, because this will only cause new problems that will befall you, as I said above that most likely you will be addicted to always taking loans to finance your gambling and I can ensure that you will be surprised when you find out your total debt in a certain period of time along with you also have to pay interest. In general, borrowed money should be used wisely, because it is indeed a help when you need money urgently such as for the needs of life that cannot be tolerated, but unfortunately some irresponsible gamblers try to take advantage of the situation with the borrowed money.

In general, it's not bad to take a loan; as long as we know in ourselves that we will use it for something meaningful that can help us, such as building a small business, that's fine. As long as it can produce a profit for us as well, which is also the source that we can use to pay what we owe.

But if you only use it for gambling, it's a bit like taking a big rock and hitting yourself, and that's not good because, for sure, most of the time, most of the gamblers lose, so there is no certainty if we will win in gambling.
sr. member
Activity: 1456
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I hope you recover from your downturn, and make this an experience so you can control your emotions when gambling, consider gambling to entertain yourself, not to make money, use the money you can spare to gamble, avoid making deposits continuously

Gambler should not be too serious that he consider his loss as losing of everything because of such habit gamblers initiates taking laon from others as they want to gamble more in order to cover all losses. One should not think about gambling whole of the day but consider it as a fun to play only for single day in whole month so he will not be trapped in bad habbit like that of other gamblers.

If you Loss more or win in that single day then forget it and don't think with emotions because it can change your good habit into bad one. Also don't increase the limit of your gambling and amount of your money for gambling so when there is a limit there will be happy ending but once your cross the limit you will spoil your own life by starting gambling for whole of the day.
newbie
Activity: 56
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I'm sorry to hear about your experience. It's a tough lesson to learn that gambling with loan money is really risky and dangerous which can lead to financial issues or problems. Thank you for honestly sharing your story and experience, this will help other gamblers to be aware and understand the potential dangers of gambling addiction and for people to avoid impulsive decisions which can lead to long term negative effects. I hope one day you'll be able to overcome this setbacks and eventually regain financial stability.
sr. member
Activity: 546
Merit: 309
Firstly let me start by thanking Op for this because this is definitely the type of advice that newbie gamblers should be having. As a gambler you should never use money from a loan to stake or carry out gambling activities no matter how catchy or nice and favourable the odds may seem to be. In short as a responsible gambler you shouldn't even think about loans when it comes to gambling Because a loan is definitely not what you can afford to lose.
Gambling is a supposed fun activity which is based on luck therefore no matter how strategic or calculative you tend to be , your chances of making a win still depends partially on luck. Loan should be taken for business purposes or other important activities other than making bets in a casino with high hopes of hitting a jackpot.
Just like that I made a mistake myself and from there I got an experience myself Gambling is not a good thing but we use it for fun but that fun sometimes brings us a big loss. And when we become addicted to gambling, we don't have good thinking skills and therefore don't hesitate to take decisions like gambling on loans. I faced this situation and I got to experience it myself and distanced myself from gambling a lot. I still haven't quit gambling completely but I have managed to bring myself under a lot of control
sr. member
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Firstly let me start by thanking Op for this because this is definitely the type of advice that newbie gamblers should be having. As a gambler you should never use money from a loan to stake or carry out gambling activities no matter how catchy or nice and favourable the odds may seem to be. In short as a responsible gambler you shouldn't even think about loans when it comes to gambling Because a loan is definitely not what you can afford to lose.
Gambling is a supposed fun activity which is based on luck therefore no matter how strategic or calculative you tend to be , your chances of making a win still depends partially on luck. Loan should be taken for business purposes or other important activities other than making bets in a casino with high hopes of hitting a jackpot.
hero member
Activity: 1274
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Don't know how fast people can take loan for gambling. From your response, erep, it sounds to me like the player has the privilege or choice of taking a loan while gambling when he exhausts his funds. However, in other contexts the gambler takes the loan due to being broke and have nothing to use for gambling. So, if a means exists for taking a loan while gambling just to feel ok for the moment, gamblers may still abuse it. I could remember a member, here, thinking about setting up such services. However, the middle economy gamblers, who take loans in bits have no trouble to face during their gambling course. Since it's not much and can be replaced with their income. The trouble starts with the low earners who borrow huge amount of cash just to gamble. That's not a great method for gamblers, though, whether high or low roller.
When a gambler gambles for a long time and becomes deeply addicted to gambling, he does not hesitate to gamble with a loan for the last time. There will be very few gamblers who are interested in taking loans very quickly. I don't know how addicted the op is to gambling and why he decided to take out a loan so quickly and such a big loan. However it is admirable that he realizes his own mistake and wants to get out of gambling.  And warning others by sharing her bad experience here
I have seen many gamblers lose all their financial resources to gambling in the beginning. Sometimes I wonder how much a person becomes addicted to gambling and thinks of losing all their money to gambling.  No. When he loses money property he tries to gamble by taking loans from others. When he starts gambling with loans he will face a lot of problems like if he loses gambling he will not have any money to settle the debt and he will face many problems.

Whatever a gambler has in mind, taking a loan to gamble for money to payback another loan, is the worst gambling move, from an addict. However, addicts are not expected to have good gambling strategies. Doing that unveils a severe gambling addiction stage, and the next could be more dangerous that the gambler will do something strange or painful to himself. Some are lucky enough to clear the  debt, maybe through the help of a loved one who actually cares to save a family member. Aside that, casinos have a slim chance of providing money enough to clear a debt. Gamblers do trust their instincts and feel they're able to do it. Someone may have done it and convinced the gambler that it's achievable. Most of the cases I've read about gamblers who make such mistakes, are related to peer influence. Everyone have different winning results in gambling. The risk is not for everyone.

hero member
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_""""Duelbits""""_

Gambling with borrow funds is like someone that is sitting on a time bomb, as soon as that borrow money don't bring back anything, regret set in then the next thing that comes to your mind is to find another alternative to pay back and because you don't have a means or source of funds, the next thing that ring in your head is to call another friend to borrow, risk it again so you can pay back the accumulated debts you have gathered but in the process, you loss again and then your loss triple without means to pay back.

Its just to make things harder for themselves because apart from forcing the urge to gamble, it also becomes a situation where they want to force luck when in gambling we definitely know that the profit is only a small part of the loss we receive.

This is the important point that gambling should be done maturely and responsibly. It is true that in the end we don't know luck and it could be that with borrowed money it will end up being very good to do because the possibility of us winning in gambling with borrowed money is also still very much there but we don't need to complicate ourselves like that because after all, by doing so you are making it difficult for yourself because apart from you having to lose in gambling you also have to think about how to pay the bills from the loan you did.
hero member
Activity: 1470
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Honestly for myself I can't say that borrowed money will make you always lose at the end of the session, I can't confirm that because after all if you are lucky enough then obviously even if you gamble using borrowed money you will still win in the end, But the thing about why it's so forbidden to gamble using borrowed money is because it's an action that will lead to a new and much worse habit, which is that you could potentially experience new problems in your life such as getting into debt, because I doubt that when you've tried taking out a loan then you're not interested or addicted to trying to take out another loan when you don't have the money to gamble.

Indeed, in this case the loan money will sometimes not make you lose, but on the other hand we must be aware of the risks and conditions that will be obtained.
We know that the concept of gambling that we can confirm at this time is that there is more probability of losing than winning, so by looking at this condition, we are definitely aware that sometime taking out loans just to gamble has a greater risk than your own money because in the end besides In the worst case scenario, we lose, we also have debts that must be paid and that is the consideration for not gambling with borrowed money because after all the risk is much greater and will give you a headache.

In fact, if you feel that you will be more profitable and not be bothered if the worst possibility happens then it is not a problem, it's just that we don't know what will happen with the gambling we do because we hope for luck by forcing our will to gamble i think that's too much.
hero member
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The idea of taking a loan to gamble is bad and totally uncalled for because gambling on its own is already a high-risk thing talk more about taking loan to gamble, since the majority of the time that we gamble we end up losing so why then should anyone take gambling seriously because gambling can ruin one life so for that we have to avoid anything that will put us in an imposing position to gamble more than we should.


In the op's situation, he ended up in more debt that has reversed his life for almost 2 years backwards,  which is something that is a negative outcome from what he desired from gambling before taking the loan, so we all have to take this as a lesson and to try to avoid taking a loan of any form to gamble with.

Gambling with borrow funds is like someone that is sitting on a time bomb, as soon as that borrow money don't bring back anything, regret set in then the next thing that comes to your mind is to find another alternative to pay back and because you don't have a means or source of funds, the next thing that ring in your head is to call another friend to borrow, risk it again so you can pay back the accumulated debts you have gathered but in the process, you loss again and then your loss triple without means to pay back.

Unless you are dealing with addiction, if you don't have money to gamble, you don't have business in gambling platforms, you don't have business making picks from the games, you don't have business even helping others to book for games because it's from there the temptation do come and before you knew it, you have ask people to lend you money to gamble, it's a very bad habit to even engage in.
member
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I would have said that the story was made up upfront but I'll better reserve that since there is no prove, but why exactly would you use borrowed funds to gamble, it's just like knowingly choking your neck with your hands.

Op I would say you acted so unwisely even with so many threads on this forum that actually talks about not doing such, I guess it's a popular saying on this board gamble with what you can afford to lose, and if you lived by this principle you won't have found yourself in such mess like you are right now
member
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I hope you recover from your downturn, and make this an experience so you can control your emotions when gambling, consider gambling to entertain yourself, not to make money, use the money you can spare to gamble, avoid making deposits continuously
This is mainly based on luck because there are people who have gotten loans from the bank and use them to gamble to make faster profits for themselves, it worked fine but that should not make us to think of doing the same thing. It might not work except we are good do. Gambling could look like a fast way to make no work for ourselves but that would not solve the problem. We need to know what we are doing and so we don't end up losing because we were too selfish and didn't listen to advice. There are so many pieces of advice we can take when considering borrowing money from people to gambling.
The idea of taking a loan to gamble is bad and totally uncalled for because gambling on its own is already a high-risk thing talk more about taking loan to gamble, since the majority of the time that we gamble we end up losing so why then should anyone take gambling seriously because gambling can ruin one life so for that we have to avoid anything that will put us in an imposing position to gamble more than we should.


In the op's situation, he ended up in more debt that has reversed his life for almost 2 years backwards,  which is something that is a negative outcome from what he desired from gambling before taking the loan, so we all have to take this as a lesson and to try to avoid taking a loan of any form to gamble with.

If someone going to have idea like this surely its from satanic because gambling is never been ideal thing while you have no money and then if you are going to borrow money for the gambling mean you are going to commit suicide which is surely not advice able for anyone in recent times we have too many things related to this on social media just because of this too many restrictions and other rules are applying but still in developing countries we have this issue because many peoples want to become rich through gambling, and they mostly go with this idea after having loan or many other ways which are surely against the humanity but no one can control this all because things are still messy.
If we have to have changed in society then surely the best way is having good education which can bring better changes but due to weak laws and many other things which are happening around us, we are fail to bring positive changes, so peoples are going through and having troubling life just because of this even many lost their lives as well.
legendary
Activity: 2590
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Leading Crypto Sports Betting & Casino Platform
I hope you recover from your downturn, and make this an experience so you can control your emotions when gambling, consider gambling to entertain yourself, not to make money, use the money you can spare to gamble, avoid making deposits continuously
This is mainly based on luck because there are people that have gotten loan from the bank and uses it to gamble to make faster profits for themselves, it worked fine but that should not make us to think of doing the same thing. It might not work except we are good do. Gambling could look like a fast way to make no work for ourselves but that would not solve the problem. We need to know what we are doing and so we don't end up losing because we were too selfish and don't listen to advise. There are so many advise we can take when considering borrowing money from people to gambling.

I understand that there are many people who take out loans, they gamble and win, and that is something that sounds very spectacular and the truth is that those things make me happy, because you have to have a lot of courage to do something like that, I don't. I wouldn't, I wouldn't be able to dare to do something like that, but if I would be able to lend money to buy bitcoin and then pay it easily, it is easy to pay but paying in fiat, and if I would be able to do it, but the fact of lending money to play in a casino I don't see it as something viable, I don't see it as something intelligent and it's not something I recommend either, I think that no economist would be able to accept something like that as a good recommendation because simply, things won't be the same, So this is what I say is that we must see and keep in mind that the attacks cannot be taken just like that, we have to have some restraint to do things well.

For me to borrow money, it is because it is really the last resource that I exhaust, because financially it is a very bad decision, it is something that we should never accept, because that is seen as being invested in a very large liability, in something that we should not put nor assume to do, I will always say that as good players, and as people who are financially good or with a high culture, we cannot be accepting that this is a good option, no, because it is the opposite, to borrow money I use it to cover a very big need and possibly in an emergency, there is no other way, I don't see it any other way but like this, so when it comes to these things we are people who must think, we are people who must analyze everything alone. pro and con of things, if we lend to play in a casino and lose everything, how are we going to do it? Because not only is it because we lost it, it's basically because we got into debt in a stupid way, and that type of thing is something we should never do or pursue.
hero member
Activity: 910
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I hope you recover from your downturn, and make this an experience so you can control your emotions when gambling, consider gambling to entertain yourself, not to make money, use the money you can spare to gamble, avoid making deposits continuously
This is mainly based on luck because there are people who have gotten loans from the bank and use them to gamble to make faster profits for themselves, it worked fine but that should not make us to think of doing the same thing. It might not work except we are good do. Gambling could look like a fast way to make no work for ourselves but that would not solve the problem. We need to know what we are doing and so we don't end up losing because we were too selfish and didn't listen to advice. There are so many pieces of advice we can take when considering borrowing money from people to gambling.
The idea of taking a loan to gamble is bad and totally uncalled for because gambling on its own is already a high-risk thing talk more about taking loan to gamble, since the majority of the time that we gamble we end up losing so why then should anyone take gambling seriously because gambling can ruin one life so for that we have to avoid anything that will put us in an imposing position to gamble more than we should.


In the op's situation, he ended up in more debt that has reversed his life for almost 2 years backwards,  which is something that is a negative outcome from what he desired from gambling before taking the loan, so we all have to take this as a lesson and to try to avoid taking a loan of any form to gamble with.
legendary
Activity: 2716
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Leading Crypto Sports Betting & Casino Platform
I totally agree. Borrowing money for gambling is a formula for catastrophe. It's risky enough to invest money in appreciating assets, let alone borrowing money to gamble on depreciating assets. You are jeopardizing not only the money you borrowed, but also the additional expense of the loan's interest. It's a risky, expensive venture that may rapidly spiral out of hand. Even if someone wins, they are only digging themselves deeper into debt and fueling their gambling addiction. It's a difficult cycle to break.
There is no rewards in borrowing money for the sake of gambling, it's very hard to win when you are using borrowed money to gamble, it's not advised to do anything gamble with a borrowed money.
The problems are not the money a gambler borrowed but the problems rellies on the interest. It might be difficult for the loaner to pay, so instead of using a borrowed money to gamble it is better you use it to buy something valuable that you will be seeing everytime, so even when you are paying the loans and the interest you won feel remorsed for it. One who borrowed money to gamble and lose might also borrow another money and lose them all. Instead of losing a borrowed money it is better you lose the money you worked for, because you won pay any interest for it. However, the both of them are not quite okay but it's better to lose the one you worked for, than the ones you collected.

Honestly for myself I can't say that borrowed money will make you always lose at the end of the session, I can't confirm that because after all if you are lucky enough then obviously even if you gamble using borrowed money you will still win in the end, But the thing about why it's so forbidden to gamble using borrowed money is because it's an action that will lead to a new and much worse habit, which is that you could potentially experience new problems in your life such as getting into debt, because I doubt that when you've tried taking out a loan then you're not interested or addicted to trying to take out another loan when you don't have the money to gamble.

And on the other hand yes if you borrow from some reputable service or general loan service then obviously there will definitely be a certain amount of interest that you have to pay, so of course it is not recommended to gamble using borrowed money, because this will only cause new problems that will befall you, as I said above that most likely you will be addicted to always taking loans to finance your gambling and I can ensure that you will be surprised when you find out your total debt in a certain period of time along with you also have to pay interest. In general, borrowed money should be used wisely, because it is indeed a help when you need money urgently such as for the needs of life that cannot be tolerated, but unfortunately some irresponsible gamblers try to take advantage of the situation with the borrowed money.
hero member
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fillippone - Winner contest Pizza 2022
I hope you recover from your downturn, and make this an experience so you can control your emotions when gambling, consider gambling to entertain yourself, not to make money, use the money you can spare to gamble, avoid making deposits continuously
This is mainly based on luck because there are people that have gotten loan from the bank and uses it to gamble to make faster profits for themselves, it worked fine but that should not make us to think of doing the same thing. It might not work except we are good do. Gambling could look like a fast way to make no work for ourselves but that would not solve the problem. We need to know what we are doing and so we don't end up losing because we were too selfish and don't listen to advise. There are so many advise we can take when considering borrowing money from people to gambling.
sr. member
Activity: 476
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Not gambling with lended funds should be common sense but clearly it isn't for whatever reason.  The lending section here has been littered for years with loan requests that are obviously just going to be yeeted into an online casino with the hopes they can pay back the loan and get free money.  I'll take it a step further even and say that the only time you should ever used funds that you've gotten from a loan is to purchase appreciating assets like stocks, houses, etc...  Paying interest on a loan that you wasted on gambling or depreciating assets like cars is probably the worst financial mistake a person can make.
I totally agree. Borrowing money for gambling is a formula for catastrophe. It's risky enough to invest money in appreciating assets, let alone borrowing money to gamble on depreciating assets. You are jeopardizing not only the money you borrowed, but also the additional expense of the loan's interest. It's a risky, expensive venture that may rapidly spiral out of hand. Even if someone wins, they are only digging themselves deeper into debt and fueling their gambling addiction. It's a difficult cycle to break.
There is no rewards in borrowing money for the sake of gambling, it's very hard to win when you are using borrowed money to gamble, it's not advised to do anything gamble with a borrowed money.
The problems are not the money a gambler borrowed but the problems rellies on the interest. It might be difficult for the loaner to pay, so instead of using a borrowed money to gamble it is better you use it to buy something valuable that you will be seeing everytime, so even when you are paying the loans and the interest you won feel remorsed for it. One who borrowed money to gamble and lose might also borrow another money and lose them all. Instead of losing a borrowed money it is better you lose the money you worked for, because you won pay any interest for it. However, the both of them are not quite okay but it's better to lose the one you worked for, than the ones you collected.
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