Topic: Ever heard about financing a gambler? (Read 3200 times)

To address your concern, we must recognize the various causes of gambling addiction. Despite understanding, addiction persists. Governments balance regulation and personal freedom, but can we also promote responsible enjoyment? Not only limiting access, but encouraging individuals to view gambling as enjoyment rather than a dependency.

From the casino's standpoint, they're in trouble, right? They dread the stigma of promoting addiction. Would casinos actively promote responsible gaming solve the problem? This strategy could boost their brand and attract a clientele that likes enjoyable, mindful entertainment. Redefining gambling from a vice to a self-aware, controlled leisure activity.

And that sometimes is not going to work if you will finance a gambler, but in this kind of argument, it's the condition in between the
person who are proposing this and the person who will going to finance it.

We can't conclude whether it's a complete no, as even most of us agree that this kind of investment or loan is really risky.

We don't know the closeness of both parties and how the gambler will sell his skills or if he can provide a collateral, though that's another thing.

For the owner, the casino is indeed a profitable business, but not for gamblers who have two choices: winning and losing. But they are more likely to experience defeat than win, meaning they will experience defeat more often than win. And when they ask for funding for their gambling, they will not realize they have made the wrong decision by doing so and that they should not have done it. They don't need to gamble if they don't have any money and would rather do other things. Financing a gambler has a greater risk for both of them, especially if they are friends, because it will affect their relationship.

There is probably no other moment in history in which people are more aware about the potential dangers that gambling and many other activities entail, and despite all of that effort by governments all around the world, people fall victims of an addiction even when they know very well what is going on, so I doubt there is much else which can be done to protect those people.

And this realization is what could make some politicians to implement harsher policies against casinos on the future, even if it is clear casinos do not like the idea of people becoming addicted to their games either, due to those gamblers affecting their image as well and making other people more reticent to become gamblers as they fear becoming addicted too.

then what about poker, blackjack and baccarat games? do you still say that this type of game is just a game of luck?

I actually said this before in this thread but it seems you haven't seen the reply I wrote and I repeat that not all types of games depend on luck but some types of games depend on skill such as poker. in this game your skills will be really needed because without skills you will only swallow a bitter pill every round.

so if you say funding gamblers is too risky and you think it always fails I dont agree. because there are lots of professional poker gamblers out there who have very high mathematical intelligence and huge experience in the game of poker so they are able to get consistent wins from several rounds and we can fund our professional poker gamblers by coming to their house and saying that we will fund their gambling here. poker game and if we win we will share the profits.
isn't this fair?

not everything depends on luck and if you know there are lots of gamblers out there who have become rich because they have skills in the game of poker and there is no harm in funding the right gamblers.

Like I don't even see any reason why a gambler or gamblers should be financed because gambling is basically a business that has a 50/50 chance of winning and losing, like the percentage are both at equilibrium so anyone who wishes to make profits will understand that financing a gambler is a very big risk of losing your money, though sometimes there are individuals or group of gamblers that makes real predictions, but it's not all the time they make reliable predictions.

Of course, financing gambling is a careless attitude, gambling cannot be used as an investment even though we are lured by winning and can provide profits because gambling itself is a game that is not certain to win or lose. We cannot make gambling a source of profit, we must have heard of someone who is a gambling addict who borrows large amounts of money just to catch up on his losses, but what does he get? In fact, their experience more and more losses, this is more the same as when we finance gamblers. If you finance them, it is not impossible that it will happen the same way, namely experiencing losses so that you don't get the profits that are promised.

If your investment fails, it doesn't necessarily mean that the gambler will immediately return your money. If they don't return it, aren't you also the one who lost? So it's better to think carefully about financing gamblers because by financing this you are supporting gambling which is starting to become unhealthy because gambling with borrowed money is not recommended.

I find it troubling that a corporation thrives on gamblers' desperation. Exploitation of weakness permeates the idea. Due to social and legal scrutiny, such firms may be hidden, but their existence raises moral concerns. I suppose this relates to society's view of gambling and financial reponsibility. It's intriguing and frightening how banks may encourage gambling. Despite appearing lawful, they can be just as harmful. Not simply legality, but ethics and personal responsibility.

The necessity for gamblers to self-reflect is essential for survival. Debt for gambling is a clear indicator of addiction. Awareness and healthy gambling are crucial here. Self-awareness, responsible gambling, and financial and mental wellness must be promoted.

My friend, this can't fail, even though I have never heard of it before, but if such exists and are known and popular for borrowing gamblers money, I can assure you that it will be one of the most booming businesses around. Gamblers are so many and are desperate at the same time, while some will not have immediate money to play and would want to play at all costs. They will get whatever loans at their disposal so that they will not be bored without gambling and trying to make money through it. The business in itself is what I do not like, it is selfish and a means to earn from people's woes, which is not good. This is the reason I believe that the gambling financing business is not known as they would not be so bold to mention that in society, while the government can sanction them as well.

That is why normal loaning establishments are all over the place, and anyone who needs to get loans for whatever reason can access it. If they like, let them collect their loans and gamble with everything, it is no one's business, after all, it wasn't plainly collected in the name of gambling. But really, gamblers should take it easy, collecting loans to gamble itself is so bad and even if there are gambling financiers, it is good that gamblers do not patronise them to avoid increasing their gambling woes which can lead to more financial embarrassment. All gamblers should always ask themselves a sincere question when they have gotten to the state of borrowing money to gamble whether they are still normal or not. But certainly, the truth is that they are already addicted at that point, they can't be normal at all. So it is better to retrace back the steps.

Funding friend gambling? A dangerous game. People and relationships are at the center of the issue, not money. Healthy gambling should be fun, not addictive. When you fund a friend's gambling, you're enabling a dangerous habit. Suppose they lose? They'll keep coming, a cycle hard to break.

While your wife's half-off offer is ingenious, its a temporary fix. Like saying, "I'll support you, but only halfway." Instead of resolving the money-friendship conflict, it avoids it. True support is about leading friends toward healthy choices, not subsidizing risky businesses.

How do we encourage friends gambling without enabling bad behavior? Supporting responsible gambling is the answer. Encourage limitations, set boundaries, and know when to retreat. Fun and responsibility must be balanced for their sake and your relationship's.

Even though he has a good past in gambling, that does not guarantee that he still can gamble and can win the game he masters well. This is because many gamblers have the same abilities as them and often, other gamblers have higher abilities than them. This is why, when playing gambling, we should not underestimate the abilities of a gambler because perhaps their abilities are higher than ours. But asking other people to finance our gambling is not a good idea, even if we are professional gamblers. We can't take risks, especially since gambling doesn't guarantee a gambler will win. We have to think otherwise by having questions about how we can get the money back if we lose because in gambling, our chances of losing are greater than winning. Even though we are responsible when playing gambling, there will be times when we lose and if that happens to us, we will have difficulty getting the money back.

That's why we don't need to ask other people to finance gambling activities, and we only need to use the money we have so that there is no risk because we have to return the money. And even though the gambler is professional, that still doesn't guarantee he can win. And rather than later on we will get into trouble because we have financed someone's gambling activities. We should avoid it by saying that we need the money so we cannot invest in gambling. Another financier might think that it is a good opportunity to increase his money by financing gambling for other people. But if the financier loses, he will be disappointed and hold the gambler accountable. And if the gambler is his friend, it will disturb their friendship.

Just because you can't return the money, the friendship will be disrupted so it's not worth paying for the gambling. Maybe we need to let him continue to look for other people who want to finance his gambling activities because we can't lend to him. We don't want to see our relationship with him damaged, which will also have an impact on other friends. Our friend should be able to realize that we really don't want to finance his gambling activities because the losing factor could become greater while we are gambling. We don't want our friends to experience serious problems that will prevent them from being able to return their money. After all, he is our friend.

I think my wife was right in suggesting that I give half of the total amount and assume that it is a donation and we don't need to ask for the money back because we already know that she will probably lose at gambling. It is true that money can make someone change quickly and will not look at the friendship between us. He will only think about himself and forget what we have given him. We don't want to experience this so we shouldn't have to lend him and if we don't lend him and it turns out his attitude changes towards us, that will be a sign that he is friends with us because of money. If that's the case, he's not a good friend and we don't need to remember that anymore.

This is quite normal, but I think it can go two ways.

Scenario 1: When the person you trust to fund has a history of previous wins, and you can verify it, then it makes sense to sponsor him. It's somewhat like a form of additional capital mobilization. This often happens in the investment field, functioning similar to investment funds, where passive investors contribute money to the fund to do business for them and share the profits.
Scenario 2: If the person has lost all their money and approaches you for sponsorship to continue gambling, it's truly foolish to fund them. I believe you can assess in which scenario the person falls, right?

I don't think you need to have any dealings with friends when it comes to money. A joint business or any arrangement regarding money with friends kills friendship very quickly. Friendship always does not require repayment of debts, friendship is gratuitous, there is only trust and kindness. But when one of your friends becomes rich, he can often change. I know many examples where if one of the friends has received a lot of money, he forgets about all his friends, and does not help them, although it costs nothing for him.

Now this is what needs to be considered, the idea of financing friends to engage in gambling even though they already have an agreement or agreement really can't rule out the possibility that in the end I think what you said is true that such a situation will cause problems and will obviously make their friendship relationship will be disrupted or even damaged just because of an idea like this. No matter what the situation is even if they do pay on time but I think it's still not a good situation especially for the person who financed it, like you said they will most likely come back again to ask for some funds to do another idea like that and maybe it will continue to happen indefinitely.

Money really has a very sensitive nature and with money then you will be able to know how the nature and behavior of your friend, and if indeed you have previously been in a situation where one of your friends has changed just because of money then obviously doubts are natural things that come out of your mind, I think your wife prefers the best way by only giving half the amount requested by your friend, that way your friend will not mention that you are one of the stingy people or cannot help each other and with that also then the risk that you will experience will not be too great.

The research on the person may be good, due to his past wins, but it doesn't determine the results of the casino results. Rather he may face a losing spree that he won't be able to control after spending another person's money in gambling. Which indeed would be a huge problem in the relationship of such friends. The best thing to do is to allow the financier to decide if wants to do this, and also forget about the outcome. He only has a share when there is a win. Or he can gamble by himself. Anything else can lead to severe trouble and gambling is not the right niche to try such a thing. It's too unpredictable. Even the best lose out. Doing such a thing affects the responsibility of the owner of that money. He's no longer responsible for what happens with his money. Hence he won't be able to take the responsibility on behalf of someone else. It's crucial to know that whatever we do in gambling is a result of our choice. So, if they reached an agreement, we have no reason to alter it, but what matters is who among them would be most affected or sad.

The gambler takes the blame and may be asked to refund the money. Results do change when people are not comfortable with the outcome of their money investment. The financier may have been filled with lots of fantasies that he'd win lots of money and receive instances of people who did such things and won money. When the decision of the people around to judge such a dispute, erupts from funding a gambler. They'll blame the financier for giving a gambler his money to gamble. And this one is quite different from lending out money to a gambler. It's more like a deal. The financier does not have strong authority over the money like a lender would in the same situation. Following such cases, it's better to lend money than to finance a gambler, hoping on the profits. What if the profits don't show up? But on the side of the money lender or loan shark he has nothing to bother about if the person wins or not. His business is for the gambler to pay back once the signed duration is met.

You are absolutely right and it is very important to get players who are very good at playing poker because they have a good chance of being the best in their field. I could say that when it comes to this type of player, things tend to be different, but it is not the same. take out a player or a group of players who consider themselves very good at poker than take out players who are good or have strategies for the slots, because basically slots are about being lucky and nothing more than that, so these types of things can be affected by some type of major effects, such as the amount of money you have to play in the slots than to play in poker, it is certain that there is or can be made a lot of money with the poker players than with the players. of slots, unless you have a lot of luck and win a fairly respectable amount in the slots, which can happen in a period of 1 minute , and the player can do the day, the year, everything that his sponsor wants Obtain.

But it is based entirely on the luck you have, which is not Reliable for me, at least I would look for a way to have more security in a game than in others that are only luck , because only what is safe then, is You can get lucky once, one day , but it may be that there are no more and that is what can be presented, in the Slots things are like that and there is no need to put any kind of cover on things because when there is no Doing things like this there are many factors that influence being able to obtain more things, more Benefits , if I were a sponsor , to Finance a player it would be in poker, because the power must be enough to become great, in this order of ideas I could say that things like this are safer, not 100% but if the probability reaches more than 80% it is already something safer, it is like trading with very Experienced Traders.

In the gambling industry... it is very difficult to prove that you are a good gambler. Yes, you get proffesional Poker players with exceptional skills and you get very good Sport gamblers, but most other games are not based on your skills, but more on luck.

You also get a lot of gambling addicts that will market themselves as proffesionals, but they simply try to scam people to feed their addiction.

If you are planning to finance a gambler, you need to change your perception on gambling. Should be gambling can be won with skills, and not luck alone. Maybe there are times that we consider luck, but since it's a business, you know, financing thing is quite serious because you trust a guy to gamble for you or using your money, so you must be convince that his skills will bring your profit.

But to be honest, it could cause problems for us if the money would be used to finance his gambling. We might be in an unpleasant situation, especially if he loses and spends all his money. Our relationship with him may not be good because of debts that have not been paid by him. Even if he can pay on time, he will probably repeat his desire to ask us to finance his gambling another day because he sees that he can borrow money from us. And it would be like he was using us to finance his gambling and we would also probably feel bad if he didn't because he is one of our friends.

This money problem can cause a rift between us because money problems can change a person's character quickly without them realizing it. We may be able to accept it but the people around us may not be able to accept it because I had an experience where there was a friend who borrowed money and I wanted to lend it to him because I felt he really needed it, but my wife didn't agree if I gave it the amount of money he requested. My wife said that I could lend him half of the total money he asked for because we also needed the money.

Well, if you're right, as I've said on other Occasions , or I know if you've seen the "Gran Turismo" movie that was actually based on a story of real events, the game is about cars because I didn't know what It was so perfect and with so much Detail , for me things when they try to make them better this game is one of those, when I was about 14-15 years old I remember that I always played, just as I played Dragon Ball and my favorite was FIFA , I Remember that I Wanted to beat the best at that moment, now with the huge community of PS5 things are very different, you can even Monetize , of course, the Graphics are now something that makes them more and more real , especially Everything in football you can see how real it can be , and I think they will continue to release more about these Games , which were actually a great experience.

Personally, when it comes to these games , I have Always been a big fan , and Although I don't have a PSC5 because it is very expensive, I have seen some videos in 4k and Wow, they are really another world, this is to enjoy it as it should be , Of course , these are things that should always be seen, but in this regard with casino games things can be very Differen t, if a person like that stands next to someone who always wins or Something like that, I don't think that a person would go accept that it is or that it has a sponsor, because you simply earn what you want whenever you want, and I think that this is a very remote possibility because it cannot be ruled out that it could be something viable for some type of millionaire who is anywhere in the world , this is something that I see as very difficult, generally these are people who do not need to do Anything like that so they can make profits , that's why when I am in a casino and I see someone who has a lot of money and they are still pure See , it is known that they are people with a lot of money , that Whether they win or not , it doesn't Matter , they just Play and that's it , everything doesn't matter to them.