Topic: Do not gamble with Loan Money~otherwise you will be in danger like me - page 34. (Read 4608 times)

Too much confidence on yourself have cost you a lot, and you forgot the fact that gambling is based on luck and not on skill.  This is the reason that makes me always tell people that there is nobody that is a professional gambler because the moment you feel that you have understood all the tricks and you can never loss that is when you will be secure great loss because you will forget about gambling responsible and to only use the amount that you can afford to lose because you feel that you are a pro.

It is better that no matter how good we are in any gambling game, we should always stick to the rules of gambling responsible and we should never have that false conference that we must win and make profit. OP, you were after making profit and that was what blind folded you to the extend of taking a loan as big as that amount.

Don't ever gamble when you don't have extra funds on you that is not needed for something important.

Once a person is addicted to gambling, it becomes very difficult to give up. I didn't realize how dangerous gambling is before. I am addicted to gambling and now I understand how horrible gambling can be. I lost all my savings because of gambling. Gambling is bad.  It is very difficult for those who have become addicted to gambling to quit gambling. However, those who can control themselves and gamble can be successful. One thing to keep in mind while gambling is never gambling with loans or accumulated money.  You will be in great danger.

I had a friend who did that and had the same fate as yours he advanced his two months' salary as a loan and lost everything in e-sabong a very popular online cockfighting that used to be so popular here in our country and he had no option but to sell his laptop and other appliances that he can sell because his two months salary is already for paying the loans.
His wife almost left him because they could not pay the bills and the house rent, he suffers too much because of the loan he uses for gambling, so if you think of getting a loan to gamble, don't or never do it or your life will be miserable.

It's so sad that this happened to you. Unfortunately, this is just the consequences of your wrong choices. But I'm glad you were able to learn valuable lessons because of your questionable decision in life. I guess it's really part of growing up. Sometimes we just don't learn from other people's mistakes because we're stubborn to listen to begin with. But hopefully you will overcome this and pay all your debts in due time.

I really do hope that this will serve as a reminder to the newbies in gambling as well as those who have been already in the industry for so long. Never, ever spend a money that you don't have to begin with. It will just cause you trouble and headache. Financial problem, mental health, and your well-being will be affected if you will gamble irresponsibly. So think twice before making a bet, and make sure it will be worthwhile because you thought of it many times.

That will be a meaningful experience for you and that is why normal people or as gamblers should not use money from debt just to finance their gambling, most people who are addicted will usually do anything to finance their gambling even if they have to go into debt and in the end after they lose it will of course make themselves increasingly suffering, where every time he will get pressure from debt collectors who might torture him, so that's what will make his mental state worse.

I also never thought about trying to get into debt, even though there was a desire in my heart to gamble, I still had to gamble using money that we were ready to lose, for example a bonus from my salary or remaining savings so that it could be used for gambling, even if the amount was small, at least it could meet my gambling needs.

Your own experience is always more important than 1000 examples of other people. Everyone can mentally put themselves in the place of another person, but when you play for your money, everything becomes completely different. I recently played slots, after a long break, and it was a very testing experience. My amount reached $1 and I thought the game was over, but suddenly an x20 Multiplier appeared on the screen! This amount covered all my invested funds, and I wanted to leave. But he continued to play. And even if I didn't get this win, I would have contributed more and continued to play. Because the casino always wants more.

In this concern indirectly comes the issue of addiction. If a person becomes addicted to gambling, he will be attracted to borrowed money. It is a true fact that many of us do not want to bring forward. Gambling is not bad if we do not convert it to some other purpose. That is, if the thought of becoming a rich man suddenly comes to mind through gambling, then such a situation is normal. However, this opportunity is not open to all. Not everyone will get loan facility but if there is such intention it should be avoided. Although we discuss many things in gambling, the subject is not discussed much.
This thread can be a good lesson for those planning to avail loans for gambling.

That's what's worrying me about it; you gamble away the debt that quickly disappears when you get unlucky with gambling. Then, when you lose, you will pay it for a long time and with high interest.

It's like what used to happen to me: you stab yourself or you hurt yourself. It's okay to gamble, but don't gamble with debt; it's not normal human behavior, to be honest. I really hope there will be no problem when the payment period comes.

I'm glad to hear such a story OP and making all your experience a way to become a responsible gambler who doesn't just think about winning and being greedy but also it gives a reason why we should not fall into addiction because the results are really unacceptable. This is a lesson for newcomers and hope they realize that gambling is not a way to become financially stable or rich, it is indeed just for entertainment. Some make money and I admit that but many also lose a lot and even commit debts due to unmanaged gambling behavior which in the end, compromises their finances badly.

Thank you for the reminder but I think if you decide to enter gambling, you should know your limits always. Be a responsible and disciplined gambler, by not spending more than the amount that you can afford to lose. In times where you don't have enough funds, then never decide to gamble and avoid taking a loan as much as possible.

Gambling is not a reliable source of income, and most of the time gamblers end up losing than winning. So there's no way you can guarantee gambling to pay your loan, unless if you have other businesses that can generate consistent profits and use those profits to pay your loan. But still, taking a loan should always be avoided if you don't want to compromise your finances later on.

When a gambler is new to gambling, he can't really make the right decision, it works in his head that he might win if he bets, or if he spins the casino, he might get the jackpot. With such a fresh idea, he plans to gamble with the loan. When he takes out a loan, he works in his mind that he will pay off the loan by winning two or one gamble, and with the winnings he has, he will gamble more and make more money. Thinking like this, when he decides to gamble with the loan, the results go against him, he gets a real experience of gambling and faces various problems of not being able to pay back the loan amount on time. Maximum new members make this mistake so new members be careful. Gambling is a game of highest risk so gamble with your own money rather than taking a loan here but be careful.

So you have a family? Why are you thinking about them now that you've messed up this bad? You are a greedy person, who only thinks about what they will get, if you care for your family you wouldn't have risk this much money.

The problem starts when you decide to increase the amount you normally use before, it's all your fault that you become a gambling addict, taking loan for anything is the beginning of peoples problem, as loan is situated for people who have collateral they can use to pay back their loan if something they don't expect happens.

Loan isn't for someone who is struggling and if you have no choice you should only borrow what you can easily refund, even if the worst happen, for example right now I can take loan up to $200 max, because anything over this amount won't be comfortable for me to return or pay up.

Learn from your lesson, there is nothing else I can say.

Doing away with gambling is not just what we can say merely by the mouth, we must take action towards it. Like if we have taken such decision maybe because of our too many losses, the best thing is to stay away completely from it, if you are playing offline line then don't visit the game house again and avoiding hanging out with those addict gamblers. And if you are playing online then delete the app totally and uninstall it. It is funny some gamblers say they want to stop but they can't delete the gambling app. You have to delete it because if you leave it there you will still want to visit it. Like like you forbid a certain meat yet you use your teeth to cut it or share it for some people 

Your story, or the story that you've told, is a wake-up call for you. It's good that you realise early that your life will face some setbacks from gambling, but it will never happen if you control yourself, which means that you'll regret your action. Even if this kind of story or scenario about being in debt or life being miserable because of gambling is posted or shared in this forum, we still can't be sure if the readers who happen to be gamblers could realise what they are doing. You see, if a person or a gambler can, at some point, realise that they have already lost some money by gambling, the urge to recover it will be stronger than being calm and letting it happen because the worst situation might come. Probably that is the reason why, just like the OP, they didn't stop even if they lost some, because they didn't know anything that could recover such a loss, so they tried and tried again, and without realising it, they sank their feet into deeper problems.

This may just be reading material for those gamblers who are experiencing something like what the OP experienced, but at some point, maybe they remember this kind of story and wake up from their misery before its too late.

After all, in my opinion, gambling using their own money is also wrong if they are already addicted, and this addiction forces them to continue gambling so that they can do other things that are more risky just to fulfill their desire to gamble, such as borrowing. the possibility of those who are already addicted and when they run out of capital to gamble they will borrow money from their family members or close friends and even worse if they dare to borrow from the bank, because dealing with banks can get them into trouble and will involve the authorities because they cannot repay their debts. Because in my opinion people who are already addicted and who have debts, when they have insufficient money to pay off their debts I think they will return to gambling with the aim of wanting to double the money to gamble, and predictably in the end only lose. It is indeed difficult to reach the point of realizing that what one is doing is wrong.

Not a few addicted gamblers are involved in loans, especially in my country where online loans are in full swing. They can borrow money just by passing a cell phone, but use a valid identity card to ensure the identity of the borrower, and there have been cases, sorry not there but many cases of those who were terrorized to pay off their debts, even to the point that someone came from the loan office to the borrower's house to force the borrower to pay off the debt.

Sometimes someone feels that it is very easy to give advice and also direct them to better things, but they cannot apply it to themselves and are still more often complacent and make various mistakes which can be said to be quite fatal.
Gambling using borrowed money is something that everyone should really stay away from and this all starts when you no longer have money to bet or try to recover your losses.
We know that losing large amounts is very sad and difficult to accept, but we can anticipate all of this by having good financial limits, once we have limits, it is impossible to run out of money and of course we can accept every loss.

Truly the most difficult problem is controlling oneself from every detrimental decision and activity.

What you get should be lesson for you to become better person in the future.
There no need to regret it and there no need to be full of anger because all of that will not restore the situation and return the money you have lost.
My advice is to stop gambling, start thinking about positive things and work or do business well to be able to continue to meet your family needs and be able to pay every time the money you borrow.

Thanks for the reminder; at least in this matter, there is a lesson and benefit to other gamblers who play gambling. Also, being told that it's a loan is a bit tempting, especially if you know for yourself that we will be approved quickly.

Maybe this is also what gamblers who intend to borrow and then gamble with the borrowed money must overcome. This is not really a good solution, because no matter what we think, there is still no guarantee that the borrowed money will grow.

So sorry for this experience and I clearly understand your standpoint currently.

Thank you for sharing this information with us as you have had a first hand experience, therefore, your story isn't one read of a comic book which is taken with little or no seriousness.

I know some people will feel like you didn't know how to get strategic thats why you lost but, facing facts, there are no guarantees and gambling is first luck before skills or expertise.

With the number of threads talking about several unhealthy practices some gamblers do in order to continue gambling, perhaps in a bid to win back all they’ve lost.
It’s real easy to dish out advice but really difficult to learn and follow said advice. I’m not entirely surprised with the story shared by the OP. I somewhat feel sympathetic for the OP as although, he knowingly borrowed to gamble, this is a financial setback that would have some impact.

This is another clear case of how things could turn out for you if, after having a bad spell, you decide to stubbornly continue playing to try and recoup all/most of the money lost. And like most cases, you end up losing even more like in the case of the OP.

Hopefully, the case of the OP could help be a deterrent to others against chasing your losses as well as taking out loans to gamble.

I am sorry about your bad experience but it was the best lesson you learned.
I say that you are not yet addicted but are still in the early stages of addiction so if you are already aware of this, immediately stop thinking about any profitable things from gambling and put it in your mind that gambling is just to play game for which you have to pay small amounts and gambling for profitable for gambling owners.

I always give this advice to everyone who goes too far into bad zone of gambling such as the early stages addiction or gambling recklessly using loan money which has bad impacts in long run and I give this advice because I have more black experience in gambling than you so plant something that scares your own mind so you dont think too much about big things of gambling.

loan money to gamble is actually not very good in the long term because there are two risks that must be borne, namely having to bear losses and repaying the loan. but I sometimes do this but it does not matter as long as everything has been arranged according to commitment and has been planned in detail to lose as much as I can afford but still dont loan money to gamble if you dont want to blacken your own life and that enough.