Topic: Ever heard about financing a gambler? - page 10. (Read 3200 times)
This is wield to us that have understanding of how gambling works, we know that gambling is risky, and it depends on luck to win. I bet that some people who don't have this knowledge will fall for this kind of scam, because people wants sow very little and reap bountifully. The trick can work if you're ignorant about how gambling works and someone you know comes along to sale you the idea that when you invest in gambling, within a short time that winning will happen and you'll gain ×1000 of your investment. It'll surprise you that naive people will buy the idea and put in their money, but it'll take a gambling addict or a scammer to ask someone to invest their hard earned money in gambling
It is better for gamblers to never consider that path, as even if it may seem extremely easy to ask for a loan, gamble with it and if luck is on your side recover all the money you have lost, this rarely happens, and very often what we see instead is for that gambler to lose that money as well.
And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
It would be irresponsible for a gambler to borrow money and promise to repay if he wins, that's out of this world condition, it should something that a lender could expect he'll get as a collateral, normally fixed property or vehicle. Gamblers who have that kind fo mindset in gambling would likely suffer the worst financial problem, and since no lender would just lend money without assurance, most likely the borrower would end up selling his properties just to be able to pay, while some even go homeless.
Most of those who ask for this kind of loan are people who are good in terms of communicating, they are good in doing promises but like what
you have said, it's better to have that collateral before giving that loan to said gambler.
With collateral they will need to repay to get it back, with just a spoken word of promises, things will not work as lenders will surely lose
a lot if gambler lose their bankroll.
They can disappear without a trace, as there's no sure deal when talking about gambling.
How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?
Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?
Have you heard of such before? What is the end result if you have?
Why would you trust anyone to gamble better than you can when it's all about luck?
Is anyone doing this on here?
Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?
For me it doesn't make any sense because is obvious that if you agree to there terms you will surely lose all your money because gambling is not a game were people can easily determined if they win or not so however some persons fall victims while thinking they are actually doing a business because I cannot imagine somebody with his right sense will decide to finance gambler which in return they share the winings. Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?
Have you heard of such before? What is the end result if you have?
Why would you trust anyone to gamble better than you can when it's all about luck?
Is anyone doing this on here?
Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?
However there is every chances of someone who finances gamblers to become an addict because if perhaps you finance a gambler with a huge sum of money with the plans of sharing the profit and the gambler lose the money, there is every tendency that the man will still finance the gambler again because he could be thinking that the gambler could win his money back and before he realized himself he has already become an addict.
It is better for gamblers to never consider that path, as even if it may seem extremely easy to ask for a loan, gamble with it and if luck is on your side recover all the money you have lost, this rarely happens, and very often what we see instead is for that gambler to lose that money as well.
And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
It would be irresponsible for a gambler to borrow money and promise to repay if he wins, that's out of this world condition, it should something that a lender could expect he'll get as a collateral, normally fixed property or vehicle. Gamblers who have that kind fo mindset in gambling would likely suffer the worst financial problem, and since no lender would just lend money without assurance, most likely the borrower would end up selling his properties just to be able to pay, while some even go homeless.
After all, gambling is not a place to make money, it's just entertainment, I gamble but still have limits. Even now I rarely gamble, because I am getting bored with what happens in gambling with the amount of losses that are obtained it is clear that this is just a game not a regular income. So I will not finance a gambler it is better to finance someone who will start a business or business which of course will produce something later.
This is becoming common but from the perspective of you playing the game predicted by someone and then paying the person after you win. It goes with this phrase "pay after win". I am not talking about those who claim to sell fixed matches. In today's gamble world, financing a gambler in the light the originator of the post used it is old-fashioned occasioned by the fact that betting is greeted with unpredictability, high losing rate, and uncertainty. The financier becomes the loser in the end and then the gambler is always in a win-win situation, where if the game fails, the gambler loses nothing and if it plays the gambler has gained. This can only flourish when the financier doesn't have common sense or doesn't understand the nitty-gritty of gambling.
It is better for gamblers to never consider that path, as even if it may seem extremely easy to ask for a loan, gamble with it and if luck is on your side recover all the money you have lost, this rarely happens, and very often what we see instead is for that gambler to lose that money as well.
And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
It would be irresponsible for a gambler to borrow money and promise to repay if he wins, that's out of this world condition, it should something that a lender could expect he'll get as a collateral, normally fixed property or vehicle. Gamblers who have that kind fo mindset in gambling would likely suffer the worst financial problem, and since no lender would just lend money without assurance, most likely the borrower would end up selling his properties just to be able to pay, while some even go homeless.
My father, when he was alive, he used to say that lending money out to an addict either gambler or a alcohol-based is like intentionally throwing money away, such people are losers and they don't know how to pay back anything, he also used to say that addict gamblers have no shame, when they lose everything, they should have learn their lessons, but the keep going hard at it, meaning they are shameless people.
I wonder how he will feel if he is alive today and know that I am also gambling, but anyway, I choose to be a responsible gambler always, I have no expectations from gambling, and I only gamble to have small time fun, so far I win some money and I have also lost some, I am attentively awake on when it comes to risks involved with gambling.
~
Encouraging words of advice or suggestions can indeed be useful for those who need them, but will they work?As I said, it is just a different case. Speaking about the whole picture, addiction is complex, surely a single method to help an addicted person won't work. Every addiction must be handled with a different case and scenario. Even if some single method to overcome addiction works, with some particular people it will be different.
What I meant, is if at some point in time, they need a word of encouragement it is a good thing, but that should not be the sole reason that will magically solve the problem.
It is better for gamblers to never consider that path, as even if it may seem extremely easy to ask for a loan, gamble with it and if luck is on your side recover all the money you have lost, this rarely happens, and very often what we see instead is for that gambler to lose that money as well.
And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
It would be irresponsible for a gambler to borrow money and promise to repay if he wins, that's out of this world condition, it should something that a lender could expect he'll get as a collateral, normally fixed property or vehicle. Gamblers who have that kind fo mindset in gambling would likely suffer the worst financial problem, and since no lender would just lend money without assurance, most likely the borrower would end up selling his properties just to be able to pay, while some even go homeless.
~
Encouraging words of advice or suggestions can indeed be useful for those who need them, but will they work?If they personally feel in need of encouragement, well of course it will help them, specifically in that context. So it would work. What comes after is a different case.
In the beginning, they may be enthusiastic and really think they need motivation or encouragement to recover, but if they are confronted again with the desire to continue gambling and they feel that what they have done has not changed, then they will no longer care about.
They will return they will do what can make them able to enjoy pleasure and satisfaction.
This is what has always happened among gamblers.
Can it make someone change for the better and meet our expectations?
I would answer no because what they need is not encouragement, advice or advice, but what they need is action that can really help more competently and be seen in real terms, not just series of words.
I would answer no because what they need is not encouragement, advice or advice, but what they need is action that can really help more competently and be seen in real terms, not just series of words.
That depends on how to approach those in need of help. Also, I don't think we should expect too much.
What concerns me is that the one who is truly able to take action is the subject itself, not those who assist or support. So words alone should have a considerable effect. In fact, a continual support system is required to make someone better.
In my opinion, one of the most effective forms of help is to give an example or prove to them that we ourselves can overcome what they are experiencing and from this they can realize and see that we have succeeded so that indirectly they will also try to do it.
This is motivation without words but rather real motivation that is clearly visible and has proof.
Apart from gambling, I won't lend money to anyone unless they provide a valid reason for needing it. Many people make the mistake of accumulating debts due to gambling, which I see as an addiction. Gambling should be for entertainment, with the possibility of making some small profits. I cannot provide money for gambling because there's no guarantee of winning, and I won't consider such a request. If you want to gamble, use your own funds that you can afford to lose.don't borrow money because you can't afford to lose it. In my opinion, it's unwise to lend money to someone for gambling and hope to get it back when they cash out their winnings.
Yes there are many people who make big mistakes like gambling with loans and for that they face a lot of problems. People who gamble beyond their means either become rich suddenly or suffer financial losses that can lead to death. I have also seen many people who committed suicide after incurring high debts when they realized that they could not repay their debts because they had no source of income. So it is wise not to make the mistake of gambling with the loan. And this can push a person in a direction from which they may never recover, as instead of accepting their mistake and repay the loan, gamblers may be lured into asking another loan and try to recover their money this way, and once they finally realize the mistake they have made, they will notice their debts have grown to a point in which it is impossible for them to pay them regardless of what they do.
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Apart from gambling, I won't lend money to anyone unless they provide a valid reason for needing it. Many people make the mistake of accumulating debts due to gambling, which I see as an addiction. Gambling should be for entertainment, with the possibility of making some small profits. I cannot provide money for gambling because there's no guarantee of winning, and I won't consider such a request. If you want to gamble, use your own funds that you can afford to lose.don't borrow money because you can't afford to lose it. In my opinion, it's unwise to lend money to someone for gambling and hope to get it back when they cash out their winnings.
Yes there are many people who make big mistakes like gambling with loans and for that they face a lot of problems. People who gamble beyond their means either become rich suddenly or suffer financial losses that can lead to death. I have also seen many people who committed suicide after incurring high debts when they realized that they could not repay their debts because they had no source of income. So it is wise not to make the mistake of gambling with the loan. 
Apart from gambling, I won't lend money to anyone unless they provide a valid reason for needing it. Many people make the mistake of accumulating debts due to gambling, which I see as an addiction. Gambling should be for entertainment, with the possibility of making some small profits. I cannot provide money for gambling because there's no guarantee of winning, and I won't consider such a request. If you want to gamble, use your own funds that you can afford to lose.don't borrow money because you can't afford to lose it. In my opinion, it's unwise to lend money to someone for gambling and hope to get it back when they cash out their winnings.
Yes there are many people who make big mistakes like gambling with loans and for that they face a lot of problems. People who gamble beyond their means either become rich suddenly or suffer financial losses that can lead to death. I have also seen many people who committed suicide after incurring high debts when they realized that they could not repay their debts because they had no source of income. So it is wise not to make the mistake of gambling with the loan. 
How will you finance something you are not sure about, it will not be sensible for anyone or group of person to approach you for such, if some come to tell you about investment, he should be able to convince you on how the return or profit is going to like, personally too you are going to make research to that effect, beside gambling is not a buy and sell business where if you give them such fund, they might be able to make more profit at the end of the selling but in this case, talking about being involved in sharing of the returns money, every bettors expectation should be in two ways, the losing and winning end, this should be taken into consideration because either of those are bound to happen.
I think everywhere investments tend to generate a profit, whereas if they finance someone to gamble by considering it an investment I don't think it's an investment but rather providing an opportunity for them to fulfill their desires. Like giving a bone to a dog, of course they will accept it and enjoy it and most likely they will not think about other things such as turning over and what was given by someone who initially financed it, I think that's wrong.Gambling in general will lead to more defeat, it is impossible to make it into something in the form of investment, unless financing a gambling company it might be profitable, but if it is to finance someone to gamble it is the same as lying. The result will not be a possible profit, because the chances of winning are not great. So if you want to finance something or invest better with other things not by gambling.
How will you finance something you are not sure about, it will not be sensible for anyone or group of person to approach you for such, if some come to tell you about investment, he should be able to convince you on how the return or profit is going to like, personally too you are going to make research to that effect, beside gambling is not a buy and sell business where if you give them such fund, they might be able to make more profit at the end of the selling but in this case, talking about being involved in sharing of the returns money, every bettors expectation should be in two ways, the losing and winning end, this should be taken into consideration because either of those are bound to happen.
Yes, you are right. When we finance something or someone we want assurances and guarantees we are going to receive our money back later. With gambling it's just not possible to give such assurances, because it's an unpredictable game of luck with random results. By financing a gambler, you are also gambling yourself. The difference is that you don't have any control over the decisions made on the gambling session, which can result in further losses if you are going to lend your money to a compulsive gambler. That is not advisable under any circumstances.While if you decided to finance a gambler you could lose it all and have nothing to show for it.
~snip~
Maybe so, I do not exclude that there are players who are able to make money on gambling, but I guess that there are very few of them. It’s like in trading, there are traders who are able to earn money from this, and other will only lose, but they continue to do it because they believe that someday they also make money, or no matter how strange it may sound, they just like it.I know one trader who trades with good profits and this has been tested over time, but I don’t know a single gambler who could make a living from this.
How will you finance something you are not sure about, it will not be sensible for anyone or group of person to approach you for such, if some come to tell you about investment, he should be able to convince you on how the return or profit is going to like, personally too you are going to make research to that effect, beside gambling is not a buy and sell business where if you give them such fund, they might be able to make more profit at the end of the selling but in this case, talking about being involved in sharing of the returns money, every bettors expectation should be in two ways, the losing and winning end, this should be taken into consideration because either of those are bound to happen.
Yes, you are right. When we finance something or someone we want assurances and guarantees we are going to receive our money back later. With gambling it's just not possible to give such assurances, because it's an unpredictable game of luck with random results. By financing a gambler, you are also gambling yourself. The difference is that you don't have any control over the decisions made on the gambling session, which can result in further losses if you are going to lend your money to a compulsive gambler. That is not advisable under any circumstances. 
It's hard to find a single gambler who can make money from gambling, but we sometimes come across those people on this forum. But we also don't know whether they can always make money from gambling or whether it's just winnings that don't always come when they gamble. Some gamblers can really make money, but these people don't tell many people and prefer to hide their winnings from people. This is actually to secure the winnings they get because they only want to protect themselves from scammers or people who only want their money. That is why, when gambling, we have to be able to control ourselves so that we don't experience big losses, let alone lose large amounts of money.
Maybe so, I do not exclude that there are players who are able to make money on gambling, but I guess that there are very few of them. It’s like in trading, there are traders who are able to earn money from this, and other will only lose, but they continue to do it because they believe that someday they also make money, or no matter how strange it may sound, they just like it.I know one trader who trades with good profits and this has been tested over time, but I don’t know a single gambler who could make a living from this.
Regardless, it's very risky to commit one's money to an external gambler. Gamble yourself or give it for free without thinking of a return.
Yes, gambling by financing other people is certainly much riskier than gambling for yourself because we won't be able to get a full return on winnings because of course there will be rewards that have to be paid, that's why it's not a profitable thing to trust other people to gamble for ourselves. . I've tried doing that once in a while and it's not profitable.We take the risk ourselves and win only get a little more than what we usually get when we gamble for ourselves, actually it is better to learn to gamble well, do research and gamble yourself because in my opinion it is more challenging and gives adrenaline to ourselves when gambling, so from That's my advice, you should never try to entrust other people or charge people to gamble with our money.
How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?
This is still good, after all, a return is being promised. But what if they asked you for the money to gamble and you are to give it 100% free? In case it has not happened to you before, it has happened to me many times and the last was still in October.There are some friends you just have to live with their idiocy.
Interesting topic and discussion. I was watching a slot streamer earlier today named Syztmz and he was also discussing this topic and he made a very good point. He said, when you give money to a gambler, there are 2 possible outcomes:
1. The person will return your money
2. Money is gone
Now in both scenarios, the person giving out the money isn't earning anything but risking to lose the entire amount for absolutely no gain. Simple and straight.
Nice analogy, but I believe this analogy is still incomplete since some gambers can; 1. return the actual money (in case they change their mind or win a bet) and can also 2. Blow the money (when they lost the bet), some should still be able to; 3. return the money with interest or compensation in some cases.1. The person will return your money
2. Money is gone
Now in both scenarios, the person giving out the money isn't earning anything but risking to lose the entire amount for absolutely no gain. Simple and straight.
Regardless, it's very risky to commit one's money to an external gambler. Gamble yourself or give it for free without thinking of a return.
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I think borrowing/lending and investing are two different aspects although very similar.
If you are lending some money to a friend or a person, you don't care what they do with it and what they bet on, as long as they have a way to pay it back.
When you are investing in a player you are accepting that the person might fail and trusting his abilities to win. In that case, if he loses then you have to just accept it and move on.
I've never funded a player but I have tailed sports bets from experienced guys and gave them a tip when it hit.
That is why if we want to finance someone or borrow money from someone, we have to know whether he is able to pay his debt to us or whether he will not want to return the money at all. Moreover, this is a friend who we probably hang out with a lot so some of us might feel bad if we don't lend him money. But if it is going to be used for gambling, we have to really think about it before we lend him money because in gambling, a person will not always be able to win and that means he has the possibility of not being able to pay his debts.If you are lending some money to a friend or a person, you don't care what they do with it and what they bet on, as long as they have a way to pay it back.
When you are investing in a player you are accepting that the person might fail and trusting his abilities to win. In that case, if he loses then you have to just accept it and move on.
I've never funded a player but I have tailed sports bets from experienced guys and gave them a tip when it hit.
Likewise, with investing, because every investment will definitely have risks, we also have to think about these risks. If we can accept whatever will happen, we can lend him money, but when we cannot accept the fact that he may not return the money, we don't need to lend him and can give the excuse that we need the money to meet our daily needs.
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