Topic: Do not gamble with Loan Money~otherwise you will be in danger like me - page 31. (Read 4955 times)

Its just unfortunate you have to learn the hard way by paying a huge price. From what you said, you got addicted so I want to ask if you still feel the urge now or the lose has cleared your eyes? Being able to learn from past mistake is the only way to make the future better. If you have taken control of your gambling habit, I'm sure it is already a great achievement as you can just regard your loses as the price to pay for knowledge.

The debt is a huge burden on you but I would want you to be strong and courageous because there will always be a way out. Gambling is something that involves a lot psychology, so it is not good to play with borrowed money. When the capital is borrowed, there will be so much pressure on the gambler, trying to make enough profits to cover the debt, this is where more loses comes from.

I would like to agree with you in this point that there is a big persons of people who are doing this same things. And it can be said that there is no doubt that they are addicted gambler. As we see OP confessing in his own self that he has become an addicted gambler. In fact, when people fall into greed, they cannot see right and wrong with their eyes, they live in the world of the blind and then they do such things. A sane gambler would never gamble on borrowed money. I hope that the OP's situation will make others who do similar things wary.

Although this looks stupid, but there are still many people who do this. In general, gambling addicts will never be able to take a long view of everything they do, they only think that gambling can give them a big profit, so that by getting a big win, all financial problems will be resolved immediately, including paying bills. This assumption is what fills their minds, so they are so brave to take loans as capital to play gambling. In addition, they have also had big wins in gambling games, so that it can motivate them that gambling can provide big profits. But they forget, that when he takes out a loan to play gambling, it means that it indicates that the gambling he has been playing only causes a loss. And if indeed this gambling can provide benefits to its players, then there will never be an incident where a gambling player takes out a loan in order to play gambling.

The gambler who want to owe the gambling site will not be the easy one,because he need to use the more money as the capital for the gambling site.An their are many gambling sites,So competition will be more and survive also very hard.Instead you can lay in the gambling site.If the gambler had loss huge money,he should wait for the next income for the gambling.Playing the gambling game by loan will not be the better option at all.Because you need to repay the money to the person who give loan,if you win the game means it won't affect you at any point.In case you had loss the money in the gambling site due to the bad,this will leads to the big loss to you.Because you had loss the entire holding money,So you can't play the next game.The loan will take nearly 6-12 months based on the amount of money you had get from the credit person.

owed for gambling, wow, this is the wrong decision, I will never want to do this, because I am sure, people who go on gambling will make themselves fall into the abyss which is calm and also cold money, if it remains desperate then don't ever blame the consequences that will occur, surely all people who go to gambling will feel a big loss, it is definitely. Fortunately, your family life is not destroyed because of the wrong thing (debt for gambling) that you do, otherwise it will be very fatal in the future of your family.

This is nice, you have learned by mistake, and it sinks into the head better than mere advice. If you were being advised then, you would feel it's heresy they are saying, but with the right experience all by yourself now, it's good that you know your right from your wrong.

The first rule I learned in gambling and trading is that I should not invest the amount that I can't afford to lose. I ignored this in trading and it taught me so much sense like you and even more than yours because I don't know if you had collected a loan of over $2,500 equivalent (give or take) to trade before and still lost all. But I corrected this issue in my gambling lifestyle. I initially started gambling with the amount I couldn't afford to lose, and after losing some money over and over again, I stopped. And I can't imagine myself taking a loan to gamble, for what?

By the way, thank you for sharing such a story here again, once more it would be a reminder to people who are gambling with the amount that is precious to them or borrowed money, which is bad.

But do imagine if you are one of the heirs of debts. How much hatred could've entered your mind just thinking about you old man doing crazy things that you have no knowledge about? I cannot say "I do not mind" that is another person who has made mistakes at his own decisions and not me so I won't pay for it. But the crazy thing about loans is, you will pay for what your father has sinned.
All we can do is scratch our heads but let this be a lesson for us that we won't do the same thing with our kids. Come out clean. If not, then come out like you are not existing, do not let your kids suffer for whatever mistakes you have made in your life.
I do understand that gambling addiction is uncontrollable but when I think about my kids, there's always a way. I've stopped smoking for them, I've controlled my drinking problem for them, this is just gambling that can also be controlled and as we think about them, we can definitely stop it.

I myself know and believe this but the addiction of gambling forces me to forget them, which is why I do such things without my knowledge. And when I lost the money I realized that I had made a big mistake. That's why I shared my issue here so that others can control themselves more and refrain from doing such things by seeing my losses. Gambling is really a big death trap. Whoever gets out of it in time survives and whoever gets addicted loses everything.

The use of borrowed money in gambling is a very risky move; often, it leads to more problems than solutions. Adding borrowed money to gambling only intensifies the potential consequences, as seen in OP's situation. In my opinion, it is unnecessary to borrow money if it will only be used for gambling; I would never consider it as an option. There's nothing wrong with borrowing money if you truly have nothing and you need it, but if it's just for gambling, it's better not to borrow at all.

That will only cause problems for us, especially if we lose at gambling so we can't pay back the borrowed money. We should remember that we don't need to borrow money to gamble and if we don't have money, it's better not to gamble at all. It will be much better because we avoid the problems that can arise from gambling so we can use other ways to get pleasure. And if we borrow money from other people to gamble and it turns out we lose, we have to return the money we borrowed no matter what. Lenders will not want to understand the situation we are facing because they give loans, assuming we can pay the debt. And they also won't care if we lose from gambling because they only care about the money we borrow. So it's better not to borrow money to gamble, lest we run into problems.

You see, even people who are aware of the dangers of gambling themselves fall into this trap. What can we say about those who see this as amusement and a way to make easy money.

Why not? If they were RTP higher, you could win. And also, their entire system is designed in such a way as to leave gamblers without the last penny in their pocket. This is a game where only the casino wins.

Everything starts small - both great achievements and big losses.

The classic story of a loser-gambler, when an attempt to win back only leads to even greater losses.

The experience of others doesn't have a magical power to influence the minds of others, and only when you personally find yourself in such an unpleasant story do you begin to realize the danger of gambling.

And you still didn’t understand anything. The problem is not not to gamble with credit money, but to not gamble at all.

Well, when I think of borrowing money just to gamble, it's like suidal to ourselves. I know what that means. Are we stabbing ourselves? This style can be called bad debt. It's not a good move when a gambler does it, even if we say we can afford to pay the debt.

As long as you can, don't plan to do it. It's not bad to take a loan, but use it wisely, not for gambling. That's all I can say honestly: don't even try to do it.

It is true that I have seen lately that more victims very quickly are the new beginners who have just come, unconsciously they are carried away by the sensation of gambling, with this alone I am enough to conclude that most beginners come with reckless goals, or that means they come with the intention of looking for something that is very difficult to achieve or even quite impossible especially if they want good results consistently.

They come because of the curiosity of winning that they always see that other people are able to get, beginners never ask the people who motivate them through several wins about how much money has been sacrificed just to get one / several wins in tens / hundreds of tries. Chasing losses is an indication that they are not responsible gamblers because they are not prepared for disappointing situations, such a cycle will never end until they are traumatized by bitter events due to their excessive actions, and besides, running out of money is not the end of the world, because they will look for other alternatives that can be utilized such as borrowing money from friends, relatives or even the nearest bank agent. That's where a lot of new problems will arise, getting into debt, depression/stress and ending up crazy, do you want the same fate?

I was sure that they were aware of this but they let this thing happen to them because of their gambling addiction. Because they thought that gambling was a good place to multiply their money but they have been fooled with such thinking and in the end, they all suffer the consequences of their loan/debts. There are a lot of people who have been in that situation, they take loans everywhere and all of them are defaulted. And now, they become empty and poor.

Well, they only realize their wrongdoing when the situation happens to them already.

Some people doesnt really care on whatever things that would happen into them and they would really be just that simply be trying out to do things on what they do have in mind and getting in line with their own interest until they would really be able to realize that they have already experiencing some financial problems. Taking a loan just to gamble is really just that not wise thing to do or something a very risky thing to be done by someone because gambling those loan amounts could really cause that huge damage into your finances on the time that you would be losing all of those funds and keeps on paying those loans
which it would be causing a huge overdrop into your budget.

People do really tend to changed up on the time that they are experiencing shit situations on which they could eventually be able to avoid it earlier if they had just been that mindful on that things that they are dealing with. Gambling isnt bad as long you do make yourself that responsible because if you dont then expect for these things to happen. This is why you should really be that careful on every
decisions you are making specially if it do involves money and budgeting.

You will be thought a huge lesson of your life if you take loan to gamble, it's a very bad thing to do, not just in gambling but in everything, loan is bad for majority of people but they don't know it, I have studied myself that taking loan always end badly for me, if you are taking loan to gamble then you really can't afford been a responsible gambler.

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Loan is more suited for people who have sources of income or properties that they can sell to back back the loan if things don't work out well for them, that's why I agree that taking loan is not for those who are broke or those who are jobless, taking loan is best for the rich.

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If you don't have a job, do not go near a casino, the solution isn't you trying your luck out in gambling, the solution is your income stream, find something that will bring you money and get your shit together first, have some savings in the bank and take few percentage of the money you are making for gambling, it's going to be a flawless experience.  

Yes, whatever you see around you, something bad, never follow it because of course only stupid people are willing to take big risks just for a moment's pleasure. The point is, never blame other people who have acted like that because of course they are unconsciously making big mistakes. as shown by the OP, he admitted his mistake, that's why he shared his story to be an example for others.

The other person in question is a beginner because beginners are usually careless and get carried away by uncontrollable emotional currents when gambling so that in order to satisfy the desire to take revenge for defeats and also want to recover losses, they are finally determined to take out loans from banks or loan sharks in order to return everything. loss but in fact it doesn't work, that method is very dangerous and wrong to do, a good suggestion is to gamble wisely using unused money is the right way.

We come across a lot of cases like OP, but it seems like there are still a lot of people in this situation, and they will have to face the consequences. Gambling with capital that people are not willing to lose will always have sad consequences. Capital management is always important in this field. Things that attract us in terms of money-making opportunities easily make us forget the risks and accept that once we start, unchecked greed will only bring failure.

I have also seen family members borrow money to gamble, and when they default, the family's common assets will be assigned to the debt. So I feel lucky to be able to see the negative side of this field, and I also hope that people will understand their responsibility for those decisions.

Gambling is a very risky business also so is taking a loan, you didn't know if you'll win or lose when you're gambling but the house win most time therefore using loan to gamble is a very wrong move. When you lose you'll be owing the lender and you don't have where to get the money to repay so you're in debt which will make you to try again and this might continue until you're in a very big debt. If this continue then you get depression and might take your life.

There are many report of gamblers commiting suicide and they have something to do with losing people money that they would have gotten from loans or gathering others money in hopes of using them to gamble believing they can double the money and get profits. Gambling should be done by using spare money so if you lose you won't lose a large amount of money and you won't start panicking.

In my opinion, what he did was wrong, especially if by borrowing money to gamble it was not wrong anymore but stupid, if they still hope in gambling it doesn't matter, but if they take the action of borrowing money to do gambling, in my opinion they don't have a brain, maybe they still have a brain but it's not working properly hahaha.

After all, the personal money that has clearly been used up for gambling in my opinion is enough to realize that gambling is not a place to make money, but their brains that are not working properly will not think about that, they will continue to do everything possible to be able to gamble, even if it is borrowing from other people or banks.