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Topic: Do you agree people barrow money for gambling? - page 20. (Read 18574 times)

full member
Activity: 182
Merit: 250
Definitely a horrible horrible idea. Only gamble with what you can AFFORD TO LOSE.

If you're borrowing money to gamble, you're better off reaching out to a gambling assistance program!
legendary
Activity: 2604
Merit: 1036
You should stop by the NitrogenSports chat and check out the loaning that is going on in there  Cool
legendary
Activity: 924
Merit: 1006
In my opinion borrowing money for gambling its a bad idea. If you like gambling, you have to do it with money that you don't need. If you have to borrow money problably you loosed the money that you don't need and the one that you need. And you will loose the money that you borrowed.

but some poeple might think that when he can lend his money to gambler, he might get luck either since basically human is a greed person.
But once something bad happen , they only can blame other not theirself
legendary
Activity: 1470
Merit: 1001
In my opinion borrowing money for gambling its a bad idea. If you like gambling, you have to do it with money that you don't need. If you have to borrow money problably you loosed the money that you don't need and the one that you need. And you will loose the money that you borrowed.
legendary
Activity: 994
Merit: 1000
I think it is only if they have the friends who are also quite active in gambling with him/her. And that friends may also take some of the assets as guarantee for the return of their money as they also know that he/she may again loss all of those borrowed money.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
it keeps the loan sharks in business. people will do stupid things, there will always be others to help them (and help themselves)

not a good idea to borrow for gambling. seriously.
full member
Activity: 140
Merit: 100
0x7ae5adbc7a0429a49b6e6ed4a8a89ffbbae6125f
Im disagree for borrowing money for gambling because gambling is so risky you can't  sure if you borrow you gonna win. You dont have money dont gamble that's it.
legendary
Activity: 1064
Merit: 1000
well in some cases yes and in some not.
if someone is borrowing small amount which he is able to repay then yea but if someone wants to borrow 1-2btc then i would be strongly against.
regards.
-Katerniko1

Yeah, but sometimes even if the amount is small, they can still lose the amount, so it's still a risk for the person who is lending the money, and not a good idea.
hero member
Activity: 910
Merit: 1000
Absolutely not. It is a bad idea to chase your loss in gambling, and it is a even worse idea to borrow money from others to chase your loss. You will just dig yourself into a bigger and bigger hole.

Yes it is true. If you one start to recover gambled money from borrowed money then mostly they may end up in very big problem. Once after losing borrowed money then it will bring additional burden because need to pay interest to the borrowed money and this problem become bigger and bigger only.
legendary
Activity: 1764
Merit: 1000
It is a BIG NO to lend your money to be used by people in gambling. It is just taking a big risk on not being able to have your money back once the person looses it on gambling, more than often shit happens and they will not be able to pay you back in return. And it is also helping them to continue on their addiction and help them to sink more on their predicament.
hero member
Activity: 532
Merit: 500
really disagree. I think about the impact if you continue to borrow and you never win. whether you will continue to borrow until you win?

maybe you would sell your own home if you have too much debt to play gambling lol

Unfortunately that is exactly what happens with some people and they end up destroying their life and the life of their families if they have any.

yes if it has been twisted by the debt would be very difficult to let go, I gamble just for fun when getting bitcoin free of giveaway or friends and it's better.

maybe if I always borrow, maybe my life has been destroyed. because if I count I pretty much lost in gambling
legendary
Activity: 966
Merit: 1001
Absolutely not. It is a bad idea to chase your loss in gambling, and it is a even worse idea to borrow money from others to chase your loss. You will just dig yourself into a bigger and bigger hole.
hero member
Activity: 658
Merit: 500
i dont think it should be done as the one who borrows money would most probably loose everything in the end and wouldnt be able to give it back
sr. member
Activity: 462
Merit: 250
I think many of the gamblers even when they don't have money for gambling but they barrow money for gambling. Do you agree on this?

Well it depends on the borrower, if the borrower only depends on gambling just to repay his/her loan then I strongly disagree with that. But there are some people who borrow money if they are short of it that time then gamble to have fun and hopefully to earn profit, and they will going to repay the money with his/her job salary. I know some people like that and it's quite fine with me.
newbie
Activity: 54
Merit: 0
Gambling, trading or investing - only on my own money.
hero member
Activity: 599
Merit: 500
i think OP is asking us in the small chance condition he is able to repay the loan.
so i will totally disagree.
giving him a loan just like we bet with small chance to win (it's risk too)
it will make his addiction of gambling grows more faster than before and make him want to have loan more and more
legendary
Activity: 1834
Merit: 1008
well in some cases yes and in some not.
if someone is borrowing small amount which he is able to repay then yea but if someone wants to borrow 1-2btc then i would be strongly against.
regards.
-Katerniko1

Why? small amount or big amount if he is able to repay it I guess it will be no problem, may be you should give him some interest if they borrow big one. Sometimes people are lazy to do deposit to change his currency to his btc so he just borrowing for people so you should not judge them if they borrow 1btc should against it
sr. member
Activity: 364
Merit: 250
I am not agree gambling with borrow money not for me better stop and put itself in more bad condition.
Agree with you. If I were them I would choose to stop gambling with money from other people because I can't guarantee myself to return their money on time. Only addicted ppl who gamble their money until zero, and addicted usually end up with debt.
sr. member
Activity: 350
Merit: 250
If you are borrowing money because you want to gamble then that's addiction already. This person don't know when to stop. Your money should be your limit and if you don't have it then that's your Red light which means you need to stop. If you borrow money to gamble you have this feeling that you know you will win, but in fact, no one knows if you will win. so better don't borrow money for gambling. It should be your sign to stop gambling and go back if you have enough money again.
Yeah that is what happebñn, a person that request a loan for gambling won't stop playing until he has lost everything.

Foor too much he wins, he is going to continue gambling untul he losses.

Yes, there are few people who are borrowing the money for gambling when they loose everything, they try to recover lost money by playing with borrowing money and at the end they lost these money also. You only gamble what you can afford to lose - I don't think you can afford to lose anything, so never go for gambling with borrowed money.
Borrowed money is not the gamblers money, that only means that gambler can't afford to gamble anymore and that's addiction. Here in my country, lenders make a killing on those who are addicted to gambling, they stay inside the casino premises waiting for someone to approach them and ask for money and collateral they accept are jewelries, cars and SUV's. They are taking advantage of the gambelrs by asking for a high interest.
hero member
Activity: 966
Merit: 501
If you are borrowing money because you want to gamble then that's addiction already. This person don't know when to stop. Your money should be your limit and if you don't have it then that's your Red light which means you need to stop. If you borrow money to gamble you have this feeling that you know you will win, but in fact, no one knows if you will win. so better don't borrow money for gambling. It should be your sign to stop gambling and go back if you have enough money again.
Yeah that is what happebñn, a person that request a loan for gambling won't stop playing until he has lost everything.

Foor too much he wins, he is going to continue gambling untul he losses.

Yes, there are few people who are borrowing the money for gambling when they loose everything, they try to recover lost money by playing with borrowing money and at the end they lost these money also. You only gamble what you can afford to lose - I don't think you can afford to lose anything, so never go for gambling with borrowed money.
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