Topic: Do not gamble with Loan Money~otherwise you will be in danger like me - page 7. (Read 4977 times)

In all aspects of life, some important things must be followed thoroughly, otherwise, neglecting those things in life must lead to major disasters. One should not spend on any addictive things by taking a loan right in life. Especially if someone invests in gambling with a loan, then surely there is no fool like him in the world. Assuming that by taking a loan and gambling, if there is fear of loss instead of profit, or if the investment suddenly becomes a loss along with the loan money, then how will it be possible to repay the loan money? If you want to repay the loan money, you must take a loan from another place with high interest. By doing this, the amount of loan with interest will increase day by day, as a result of which it will never be possible to repay the loan and even there will be no other option but to go bankrupt very soon.

Some people who are not aware of the things that are about to happen with their life while in this state especially when they are too addicted to play and started to take loans just to satisfy their hunger for their addictions, are prone to lose everything they have including their precious properties whether their home or their cars which they used for their livings. Some people in our community are like this and most of them already lost the house that has been donated by the government to them because they actually sold it just to fund their addictions and they are now homeless or just living with their other family members because they are already broke. 

Not only for gambling but in everything we have to try to avoid debt because the interest that has to be paid will reduce our money unless it is for building a business which means it is productive and when we can succeed in getting a profit we can pay it, but for very detrimental gambling, firstly we will not be able to know the results of our gambling, whether there will be a profit or a loss if we make a profit then the profit will be slightly reduced because there is interest to be paid and also a loss so the loss will be double, namely because there is interest that must also be paid, second we it will be more stressful to be able to earn because we have to pay debts so it is very possible to make mistakes, so gambling with borrowed money is not recommended, unless there are certain things, for example, our coins are coins that have very high transaction costs so we are reluctant and choose to borrow but with low interest.

The thing is that, for everything, we also need to have a sense of responsibility and be very emphatic about it, we cannot invent different things in doing so, because we only know that we always have a lot to do and a lot to generate in the things that have to do with casinos. , and our biggest danger is money, if we play in the casino with our own money, everything is fine, there is nothing to do, if persmods, we cannot think about lending money to play in a casino, it is not the right way to do things because we are people who, above all, must have some responsibility and we have to be aware of the things we do, we cannot let ourselves be carried away by desires and by the impulse to continue playing just because we believe that we are going to win, with beliefs do not mean anything, we must be disciplined and tell ourselves at the same time that when we cannot do something in particular, because if we cannot do it, we should not insist.

Casinos, for the most part, will always have the house advantage , and that is something that we will never be able to change, that is why when we are looking for ways to do things we have to be very good at what we do to avoid spend more money than we allow ourselves to lose, there is not much else we can do, in this order of things we must always seek to take care of our money, as I have often done without money we cannot do anything, the party ends and even That's where it all comes from, we can't invent, but of course there are people who don't have this care, they encourage, they lose and then they regret it, obviously these things ouldn't happen if from the beginning money was set aside to lose, and if they wanted to have the discipline leave it there and not put any more money or deposit, or anything, that's what we should always consider, otherwise we will have a lot of problems.

Of course, because borrowed money is basically only specialized for something that has an urgent nature that is experienced by someone such as for example for things that are unexpected before such as maybe illness or whatever the point is never known before and loans provide great benefits to individuals with their convenience, but if you make a loan to fund your gambling activities then obviously it is really a silly idea because as we know that gambling has a bad impact on addiction and this allows you or anyone to end up always borrowing and eventually get new problems such as debt.

What is better is as you suggest is to gamble with money that really won't be used for anything else and you can allocate a little bit of your monthly salary to fulfill your gambling desires, but still the thing to remember is to only put a small amount, for example if you have a salary of $500 per month then maybe you can allocate 5% - 10% of that income, However, this is the more advisable approach, not least because of the adverse effects that you never expected and you have also mentioned that the possibility of losing can never be avoided in gambling and of course it will make you down and experience a lot of problems.

That is what we always recommend to many people so that they don't experience more losses and can still gamble responsibly. They will not take too big a risk because that is enough money to use for gambling, and they will not borrow money when the money used has run out. They remember that if they borrow money, they will only lose more money and still have to pay back the borrowed money. It will mess up their finances while figuring out where to turn for the money.

If they can use enough money to gamble, have self-control, and be responsible, they don't need to see a lot of losses because they can prevent many losses from happening. They can even enjoy gambling to entertain them in their free time. They may come back another day when they have free time, and they will gamble as much as before so they won't lose as much.

What would that person even be thinking? The loan is not meant for gambling but something important that could be more guaranteed and beneficial to the life of the person. It is not for the risky gambling that is about winning or losing in which the money could be lost in a moment. The chance that the money will be lost is even higher than the chance that the money will not be lost, so why risk such money? It is often said wisely that we should not gamble with the money we can't afford to lose, this will only increase the risk in our gambling and I do not think it is just sensible for anyone to accommodate that.

Risk is everywhere but we can still reasonably pursue it for the best experience in what we are risking it for. So, can anyone tell me that they answered the question of whether the money was affordable to be lost by them or not before they went ahead to gamble with it despite being loan money? This is just gross and I pity anyone that has ever done this before. Gambling is not a must and if you are looking for money desperately, gambling is not the right door to knock on, or else, it will add to that desperation and could lead to unspeakable things. This is why it is good for everyone to guard against such from the beginning before it becomes more problem for them. Nonetheless, anyone who could reason that way might either be addicted to gambling or is not just wise.

Even if it wasnt shared, it wouldnt really be  that so hard to determine on what are the good and the bad things that you should do or avoid.It is really just that a matter of common sense on which it would really be just that depending on how you would really be acting through it. Making use of loan money on gambling? Just like on what others been saying that it is really just that a suicide thing.
We do know that things becomes messy on the time that you would really be having those kind of actions on which we do know that this isnt something idea to be done.

Dont gamble with loan money or something an amount which are really that intended for other important purposes or for your life savings or emergencies on which
this is far more important rather than on doing some leisure things on which it would really be just that temporal.

Gamble with your own spare money that's the right thing and that's how being responsible but using a loan money then gamble and risk it, that's something where maybe addiction is already triggering, a problem with people who lend money then use it to finance their gambling addiction, it's adds up to their financial problem, once you lose everything and you don't have any means where to earn the money to repay that loan it will messed up your finances.

That's the reason behind using your own money, and it's important that it's a spare where you can let it go and not being attached and regret, to the point that you will wanted to recover it back which can lead you again to deposit more.

I have actually seen nothing where or through which money is made, that does not get abused, gambling was created or invented (which ever means it came to be) as a sole means of entertainment, I remember reading one history on gambling and how it came to be, it was said that the act of gambling started from soldiers who out of boredom, will start playing and betting some for their minor items to make the game more interesting, this was how gambling started.

And, gambling have so advanced that it's now possible to play and win money, and money being something every body wants, as it is what rules the world that we live in, I am not surprised to see some people going out of line just to gamble and see if they could win money, some are because of gambling, doing all manner of unthinkable stuffs, where as if we compare it to borrowing for the sole of purpose of gambling, we won't know which is better.

This are things we always advice against, not good at all to gamble with borrowed money, it's better to start a business with borrowed money, atleast from there, one can make guaranteed profit, from which he or she can pay off his or her loan, and still be having money to gamble from time to time, all the person have to do is to make sure to gamble In a way it doesn't rekt the business.

Sorry to hear about your situation.

Good on you for trying to share your experiences with the forum so that others can avoid making the same mistakes. It is truly a shame that these things still happen. People should be educated on the pitfalls on gambling, and the very real risks that come with it. Gambling is not a way to become wealthy - it is merely a tool to gain entertainment if you have spare funds.

No matter what you say to yourself to justify it, it is never okay to take out loans to gamble. Unfortunately, I see that all too much even in online casinos, with strangers loaning money to each other. That is enablement that needs to be avoided like the plague, in my honest opinion.

Always, always, gamble responsibly.

It is. Because it's not our own hard-earned money, it should be more difficult to spend it, especially in gambling. I might understand it more if it will be used for investment and there's a good return that will come in the future. The problem with gambling is, the risk it too high, and the returns will depend on the person betting. It's win or lose in just a short matter of time unlike how it is with investing where you know your money is still there. If it's stagnant then there's nothing to worry about because your money is still safe, if it's moving down then there's a chance to stop it and maybe save some. While in gambling there's no such thing. It's just an urge to gamble more when you are losing and when the casino takes the money, there's no turning back from it. There's no saving it unless you take a higher risk by betting a large amount to cover the losses.
Gamble with our own money. I think that should be the first rule for those who are starting or thinking about borrowing money. Don't do it.

that's right, some of those who are addicted to gambling they not only lose money, many other things are also lost, including
with their good family relations and also their common sense, they tend to lose many things to their own detriment. In my opinion, if they really need recovery, they have to be helped by a psychologist or go to a clinic which is expensive, it doesn't matter for health, because in my opinion, health is the most important thing in life, the reason they are addicted is because their thinking is completely dominated by gambling. , and of course it will sooner or later damage their physical or mental health. because I think there are also people who become mentally ill because of excessive gambling, and if it's like this they probably won't be able to reach normal again.

This happens, because there are cases of addicted gamblers who take out loans to gamble, and with those who are addicted it is likely that they will let go of their responsibilities, including paying off their debts, and indirectly this will put pressure on themselves and If they can't handle it or maybe they're stressed, they might commit suicide and leave behind a lot of problems, because this case has also occurred in other threads. Therefore, if we have a family member or friend who is addicted to gambling, we hope that we will advise him well, so that he does not take actions that are beyond common sense.

That's an improvement on the Op's end which shows he's recovering from his mistakes. His thoughts may have been on making more profits with the loan. The urge of making quick money also leads to the increase of numerous gamblers who want to earn via loans. It also removes the senses of the losses in gambling, regardless of where one got their funds. A gambler who doesn't have those controls will find it very difficult to abstain from taking more loan. Even though he's having a hard time with paying back his debts. The player still goes ahead to seek for loan from other people aside his previous lenders. Soon, the amount will accumulate and become huge in his eyes, then his senses begin to creep in bit by bit. His mistakes he'll begin to realize, and ways of solving the problem may not be easy to find. Hence, he'll first want to tell other gamblers not to take that route. When in trouble, we all need to begin from somewhere. I think it's what Op is doing right now.

That is true because, with the allocation of funds for gambling, we hope not to exceed these funds in gambling. If that happens, it will disrupt the financial position for other needs. We can take money for other needs, so there will be a financial imbalance from what we previously arranged. Therefore, when playing gambling, we must be able to prevent more and more losses and not gamble more than the funds we have prepared. We have to know when we have to stop gambling so we don't use up more money. It's not worth it if we use more money, and in the end, we will just lose all the money, which will trigger us to take money from other needs, and that could even use up all the allocated money.

Not sure if we can only categorically say that those addicted gambler are mostly going to take a loan to gamble. Of course, their decision are clouded, but I do see that there are individuals who want to loan and gamble because they are risk taker to say the least. Those individual who think that if the outcome is favorable, they can pay the debt and have some money.


Maybe, but as far as experience goes, still 50/50. There could be high income gamblers who gamblers big or small. And then those who are just minimum wagers, but still they have the money to play and again, take that risk.

Only an addicted gambler can take a loan to gamble because he is moved by feelings and not his brain. When a gambler uses a loan to gamble he is risking funds that are not his. Whether he loses or not, he will have to pay the original loan amount and the interest accrued to the loan which is a double jeopardy and can exacerbate his financial burden. Using a loan to gamble is even a reflection of poor financial decision-making.

In my opinion, 10-30% of a gambler`s income is still high. 1-5% is preferable and that should be after covering expenses, savings and other important financial commitments. This will help to guide against excessive loss that can be detrimental to the gambler.

The loan money is not the correct source for the gambling game,the gambler should allot the separate source of the income from the salary like 10-30% of their salary to their own games in the gambling site.The gambler who keep their betting in the one game will become the millionaire one day with the help of the same game and the gambling site.The trusted gambling site alone help the gambler to make money in their website.The self confidence was the key for the gamblers to make money in the gambling site,the loss is always their in gambling site.The gamblers also look to the opportunity with the loss in the gambling site.

Very dangerous and this is something that you must avoid in the first place if you are really that serious on not to wreck yourself with gambling because if you dont then expect
into those negative things that would really be happening into you. You cant really just that make yourself that too confident when it comes to gambling and even
trying out to make an option for you to make use of loan money which is really that a very very wrong idea to have or to make because we know that once you do put up yourself
on such trouble on which you are really that making yourself that making use of loan amounts which it would be continuing to pile up
then you are really just simply taking that suicide thing.

Well, addiction is one of the things through which many people lose not only their money but also their family and many other things, that is why when we focus on knowing more about addiction we can say that addictions can They seem to be very good when they try to help someone with that problem, because they avoid it without exaggerating because one can save lives, good knowledge can help a person a lot at a given moment, for that reason when we are generating or doing other things we can To say that if there is someone with addiction or with this problem we can be very useful, I know that most help is given by psychologists, that is a fact, but for the rest we can generate ways to help, sometimes only treatment with psychologists or by going to clinics may seem to be somewhat expensive, but I think that if it is worth it, it is something that should be invested, a life is a life.

But I have seen in cases that have shown that they die, that they commit suicide, that they cannot cope with the pressure, that is something that others always see in those who are more reluctant and what causes addiction, so it is not worth it, generally The person who is in addiction is very troubled with debts, very troubled with what has to do with their family, they lose all that, some find themselves almost alone, because they don't even have years to give to them, then things get very difficult like that, for anyone who goes through that it is very difficult, the truth is, as I said before, it is better to help whoever you can, with a few words, advice, I know that something must help, sometimes what is needed is a few words Some people are told to change the perspectives they have on life, so based on this, many ways of doing things must be generated, for me it will always be good to help people like this.