Topic: Do not gamble with Loan Money~otherwise you will be in danger like me - page 5. (Read 4608 times)

Taking loans to gamble has never been a good choice for a gambler, but things could get out of context for the player, and he'd want to invest extra effort to better fix his failing gambling predictions. In cases as this, it doesn't end smoothly for some gamblers. Mainly, those with low bank roll. Gambling is interesting and can make one to forget about the amount of money he's got in his bank account. So, if a gambler is not capable enough to control himself, his borrowed money will face similar fate as his lost money. The cause of it is not being contented with what is awarded to us while gambling. Every gambler wins at some point, in his gambling session. Knowing what to do after the win determines the actions of the gambler, when he needs extra income. If the player is capable of stopping after winning, he can be able to avoid taking loans because he may not easily run out of money. Those going for loan, at some point, wagered their winnings till it got exhausted.

The truth is that what your friend did is very Ugly , because I hope God doesn't want your friend to not have an emergency like that, normally when jokes like that are made , well , if it Really Happens, because things are very Difficult because Sometimes life is in charge of doing it that way, and that is the only way they learn, I am one of the people who always Want to do the Right thing and what they see should be done to have everything better, whether it is a better day, better Performance at Work, in every situation in the world one has to Understand something , Finances are always like that, and if we are not people who control ourselves, then we can do anything to make them happen, then when it comes to money we cannot do Things are like that , a loan cannot be given just like that, because things have to be given because we must Take great Care of our Money , we Have to Take Great care of our Money.

Although our money is something that we should treasure a lot , we Should not make those Decisions that make us do things wrong, wasting money is something that we should not do to play in the casino, for that reason I prefer to do anything else, and endure anything, but not lend for that, what I could think of is that I can do something else, lend money but it would be to be able to buy bitcoin, in another order of ideas I would do this just for that, but confirming that I can do it something very good like paying at once, that is what the person who lends money should do, there is no other way, we as people must always be very clear, because the one who lends money is because he wants to help that person. person, then the least you can do is pay on time and your interest as such, so when we do or feel the need to lend money, we have to be very compliant with the payments, but to play in a casino it is not would approve.

Precisely, as there's no assurance that you can win and the consequences is tough as most of the time you'll going to lose, taking loans and use it for investment or business will help you to grow your finances, while using it for gambling and hoping that luck will help and be at your side will put more pressure, when you lose, additional problem will arise as you need to repay the money while your mind will be more aggressive to recover bringing you to another sets of loans up to the point where you can't no longer ask for it and you will completely messed up with your finances.

Moderation and risks handling would be everything or a thing that you must consider out on the time that you would be dealing up with gambling on which you should really be that mindful on the things that you would gonna tend to do so. We do know that being irresponsible or doing such actions is never been that recommended and a really very risky decision to be made on.
Taking up some loan and putting or playing it into gambling? It is really just that you have just pointed out a gun into your head because you are really that basically putting up yourself
into a huge mess considering that gambling is really very risky and there's no way that you could assure that those loan money would be taken it back once you have lost it.

Even though you can lend money to other people in an emergency, you have to be careful too, because there are people who are addicted to gambling and borrow money to gamble under the pretext of an emergency, because I experienced this, where my friend was already addicted. gambling and he borrowed money in the middle of the night under the pretext of an emergency to take his brother to the hospital, but after I lent it and I looked for the truth, none of his family members were rushed to the hospital, and in the end my feeling was correct that the money he had The loan was used for gambling. In my opinion, if your finances are unstable then don't force yourself to gamble, especially if taking out a loan to gamble is a big mistake.

It's true what you said, we have to act carefully when in casinos, because gambling can drain our finances quickly, therefore gambling has a strong temptation and attraction so that many people are trapped in an addiction phase that is detrimental to themselves. If someone doesn't have rules about their limits when it comes to gambling, they will definitely become addicted and end up in a phase of life destruction.

It's good only to bet 1% of your salary because that is a precaution against losing a lot of money in gambling. Other gamblers should also follow what you do, where they don't need to take the risk of losing too much money, especially if you use money from your income to gamble. It is a normal thing for novice gamblers to experience a lot of losses when they start gambling. If they can immediately realize their mistakes and start correcting them by limiting the allocation of funds for gambling, they can avoid the same mistakes. They can enjoy gambling as entertainment because that is the purpose of gambling.

If they can allocate 20% of their income to gambling, they should be able to divide that percentage to be used for gambling for one week or even one month to reduce the number of losses in gambling. It would not be feasible for someone to spend 20% off everything in one day unless he has a budget for gambling that he has prepared from all his sources of income. But it's still not worth using big money to gamble, especially since gambling is just for fun in your spare time. We have to be responsible when playing gambling so that we don't fall deeper into gambling and can also avoid losing a lot.

If they can be responsible for themselves when gambling, they will not want to take too big a risk and face losing a lot of money. They will try to reduce the money they lose because they know it will only make them regret it later. As long as they can manage their expenses when gambling, they will be fine and will not encounter any problems because they are aware and understand the risks of gambling. They will take precautions against losing a lot of money and always use limits when gambling. If not, they will disrupt financial stability and disrupt the allocation of funds for other things.

That's why we really have to be able to regulate ourselves when playing gambling so we can avoid losing a lot of money when gambling. If we can do that, we can enjoy gambling as entertainment and not to make money. And because many people have lost money, we will always be careful in spending their money.

Well, we are always generating new ways of doing things, because opportunities arise after losing as well as lending money , that is something that is not a good practice , it is the but of all the ideas that can be approached, I in The particular thing I always think is that the thing to lend money is in times of emergencies, not in things like casino, because playing in a Casino I don't see it as something urgent if we are playing normally and our money runs out, we shouldn't put more in, because According to our economic capabilities, it is how we decide whether it is possible or not, but the capacity of most people is not so high for the game, there is always a commitment to take care of and things to achieve, so this should not be taken as a priority, So things must be taken to a level of tranquility and moderation, we should not rush into doing things that we will regret later.

In the casino we must be very careful , Generally the casino does Nothing to us , we must be People who are aware of doing things well, because it is very easy to Spend money to do these things, I would think that things are like that different Well, they can generate other types of things, firstly what I have always said is that being able to generate Control of the player's total budget is the Only way to do things well, as long as you have control of this, I think it is can endure Anything, in fact having control of the budget it is easier to manage everything, because with the Balance ready to lose one can play as one wants, one has freedom, the eomoceisnoe? No, emotions can flow without any problem, but yes, when that balance runs out you can't do anything else, but respect what you Decided to lose , the problem Begins if the person doesn't follow their own Rules.

I guess you are right, it depends on each gambler who percept their gambling capabilities, I think people who wanted to use their money with full responsibility have their own view to how much money they wanted to use to spare for their gambling, if for someone they can afford to take 20% as long as they are capable to control and manage not to exceed then  it is still good.

But in terms of irresponsible gambling, they can exceed and they can messed up ruining their finances including money that they loan.

That's the danger if you don't kow how to control yourself when you are involve into gambling.

I don't see it as something suspicious, I think that people are free to do things as they please, it's just that sometimes we shouldn't do things so badly and thinking in a bad way it is obvious that when a person decides to lend money it is to do another type of thing, for emergencies or something like that because it is what we can usually do, or because of what, most people appeal to do it. I am one of those who think that things can be done as people want, but if a person lends money to gamble, at least I would see it as a very irresponsible act, I would not see it well because things have to be done thinking about the best, not about things that can or should be done badly because that Lending to buy bitcoin is a very bad business, in fact I think it is much better to bet on a loan to buy bitcoin, I wouldn't see it as bad, because I know and am very sure that bitcoin will rise in price, so it is a safe investment for me.

In many threads the thing about loans always comes up, this makes me think that people here in the forum have also chosen to take out loans to be able to play and I think that those who do it want advice, yes if a person does something like that, what What I can say is that it is already a mistake, and if they lose the money, what they have to focus on is paying those loans, there is no other way, things should be like that, because when we are looking for ways to do them better, well, I say that one has to be very careful, there is no worse thing than lending money to a person without caring so that, and the person is not responsible for paying it, we always have responsible people, never irresponsible, the responsibility has already been taken Now is the time to put your money at stake in a casino, and now what remains is the responsibility of paying, because it has to be done completely.

no one says gambling is an investment plan, gambling and investment are different. but clearly gambling is a paid form of entertainment like watching a biposcope, we have to use money to be able to enter and feel the sensation that is in gambling. anyway I do not recommend that someone who gambles take out a loan, if they have run out of money to gamble,  hopefully they can stop not gambling anymore and not force themselves to be able to continue gambling even though they can take out a loan to gamble but they don't have to do it because  by taking out a loan to gamble of course it will destroy our lives, right?

If someone really has good thoughts maybe they will spend the money they have well spending it on other things, such as buying things they want that have more obvious forms and benefits I do not recommend lending money to people who gamble or I also do not suggest that gamblers should take out loans if they have run out of money to gamble borrowing money to gamble will only kill themselves.

I speak for myself, it is not my place to be doing salary things , for Example I am not able to bet even 2%, I only bet 1% and I bet that on what I can do most of the time , when I was Starting out I lost a lot and it wasn't even that, one day I bet Almost my entire salary and I almost lost, the fact that I almost got something when I lost it all made me react that I shouldn't be so irresponsible, because no one pays me for my things and I am responsible for my actions.

If the people who enter a casino betting 20% of their salary are because they have how to do it and how to react to any problem, otherwise I think they can do Things like that, I am one of those who say that if a person has many things without responsibilities because they cannot make so many expenses like that, because spending in a caisno doing these things is difficult, I am not someone who has to do things other type of person in terms of the Strongest obligations of a large Family nor am I in favor of the Style .

The percentage amount will depend on each person and how willing they are to use their money to gamble. Maybe 20 percent is an amount that he can afford and is still reasonable for gambling, while others think that 20 percent is not a good idea for gambling every month. Well, there is no ideal limit for each gambler because they will use different percentages in gambling, so that is not a problem. As long as they can gamble responsibly and control themselves, 20 percent might be enough for them to gamble, and maybe they won't use the 20 percent but under 20 percent. But if he decides to borrow money to gamble, that is not recommended because it will cause more problems for him. He should take care of himself while gambling so as not to use much money.

Not only being ready to lose, but understanding why. Why give this money? Due to spareness? Or to get an adrenaline boost disguised as a win? Make no mistake: gambling is not an investment plan. It's paid entertainment. Borrowers who gamble are playing with fire. You said squeezing your throat is like burning your safety net. And for what? One shot at victory?

Your point regarding survival and money is crucial. However, many confuse disposable income and survival cash. A bold idea: Could your gambling money be better spent elsewhere? When financial literacy is a click away, ignorance is a choice. Talking about lenders, who facilitate this cycle. Loaning money to gamble? That's irresponsible and helps cause tragedy. Realism is needed for both sides

That's how it should be, as @LUCKMCFLY has said, he always emphasizes gambling using a budget that is ready to be lost or that others are willing to lose. because with that, defeat can be accepted well, don't mind the defeat that you get, because many gamblers can't accept their defeat, so they deposit their money back to gamble again, of course this shouldn't be done, because it will most likely only cause more losses. big, there is little chance of being able to reverse the situation completely.

Indeed, taking out a loan to gamble is not the right action, in your opinion it is a suspicious action, in my own opinion it is a step towards misery, by taking out a loan to gamble is the entrance to life's misery, life's destruction. I agree with that, gambling is for fun, many people say that, but in my opinion the fun is in the wins you get, there is no fun in losing, it's just that we have to be able to accept defeat well.

I agree that gambling budgeting is crucial. Over time, I've learnt to bet just what you can lose. This philosophy makes the experience relaxing. I practise and promote setting and following boundaries.

I think borrowing to gamble is suspicious. Its hazardous and has caused more losses than wins. Financial stability should trump gambling thrills. The point of a game is to have fun, not to lose money.

Promoting pleasant gambling is crucial. Experience, excitement, and entertainment matter. Keeping it light, within limits, and devoid of loss recoupment keeps it fun. I embrace and encourage it among enthusiasts.

Therefore, the important thing when gambling is to allocate the money we can afford to gamble and this money must be considered ready to be lost, with everything in gambling that can happen, such as when you lose you win and when you win you lose, all of that can happen. happens from one moment to another, but even so, if we can control ourselves well, including the budget used for gambling that is ready to be lost, then it is possible that bad things will not happen, such as depositing money back to gamble or taking out a loan to gamble. Because in my opinion, taking out a loan to gamble is the same as strangling your own throat, which can kill yourself and destroy your life. It's not a good solution when you lose and take out a loan to gamble again. And as you said, as much as possible we gamble using money that we are willing and ready to lose. Many people take out loans to gamble. I think they are not ready to lose the money they bet and also the feeling of wanting to win makes them take similar actions. it shouldn't be this, maybe it's more like greedy.

Of course, we as humans who are living creatures must need needs to survive, and money is an important thing in survival Therefore, everything must be considered as well as possible including finances or actions in gambling Before doing gambling that exceeds the limit, we should be able to consider it first, including with people who want to lend us money, well there we have to consider whether it will be able to generate profits if used gambling again or even not at all, but in my opinion it will not be able to be an advantage  Even if you are ready to risk your life being ruined, go ahead because it's your own right It is true that you say we must be able to think well to be careful in taking action in gambling because with the wrong thinking it can bring great disaster.

If we spend more than 20 percent on gambling on a monthly basis then I think it is not in entertainment level. Because if a person invests 20 or 30 percent in gambling then he will definitely express his desire to make more profit from it. Which in turn may lead him to loss rather than gain. And if 10 to 15 percent is used it is definitely acceptable. A gambler will have big financial problems when he spends more money. At some point he decides to manage his gambling by borrowing money to solve his crisis. Which in turn will lead him to a terrible situation.

The idea of allotting a certain amount of money to gambling monthly or  weekly depending on the individual is actually a very good idea but then the problem I'm having with your idea is the percentage, because if you understand that gambling nis actually for fun and entertainment and not for making money primarily, which means it shouldn't be seen as a side hustle either.

Allocating as much as 10%-30% to gambling monthly or as the case maybe is actually too much, that should rather be the kind of allocation you do to investment and not gambling but we make the mistak of give such to gambling, gambling is basically supposed to be entertainment so 1%-  10% should be the maximum because it's actually an amount you are putting at risk and you are not certain yet about the possible outcome of such money so you shouldn't be risking that much so you don't have to regret.

This is also the case in my location. There is this loan facility that was introduced in my country called Easy Buy. You could own anything without paying much. The repayment plan also includes a huge interest and people are still comfortable with it. I have seen a case where a person gets an easy-buy phone and she was robbed and the phone was stolen. I still practice the old school economics which states that if you cannot afford it don't get it. I will not take a loan to buy anything except if it is highly beneficial which will include health issues and financial profitability. Taking a loan to gamble is going to the extreme and it is highly not recommended because betting is not predictable. I will take an easy buy loan to get an item but will never take a loan to gamble.   

Why will one even gamble with a loan money,they should know that the level of risk taken is high and and may therefore reduce their chances of winning to pay up.because all their mindset will be on the fact that I have to try hard to pay up the loan otherwise doomed.
But most people are adamant with all of these cause they tend to see the positive sides of what they intend to do rather than the both.

Most times when you advice some persons they will just keep a deaf ear and go on with their decision.
I remember having such discussion with my friend and advice him not to ever gamble with a borrowed money or loan but it seems the advice was all in vain as he went on to do his wish and come back regretting it's decisions.
It's a game of luck and fun if you don't know the tricks about it then forget gambling.