Maybe most of the people here have experienced this incident and I will answer from myself.
I have often done this behavior and for me gambling using loan money is the same as gambling using ordinary money because even though I will lose because the loan money has been deducted by interest, at least the amount I borrow and use for gambling is according to my ability to return it.
So there is no pressure whatsoever even if you use loan money but it is not really recommended because the risk is very high when you cannot control yourself borrowing too much which is not in accordance with the amount of income it will add to problems in life.
We know that gambling wastes money very quickly if you are not lucky, so if the loan money is too high and you lose, it will definitely burden your mind and end up in big trouble because you have to deal with people who lend money.
Topic: Gambling experience using loan money - page 23. (Read 2231 times)
I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I never ask for a loan here and even in real life I could not imagine myself asking loan just to deposit in a casino, I am not good at betting, and besides you are forced to win, and that alone can cause you to lose the game at the back of your mind, you are thinking of the money that you loan and you need to make profit from gambling.I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
Once you are forced to make a profit from gambling you cannot enjoy the game and this makes you lose concentration and this will lead to losing your money.
I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
For me though I did not try to do it but if ever I will take a loan and use it gambling I will be pressured everyday and feel frustrated if I will lose all those money because I need to pay for interest and that will be the worst. So as much as possible I will only use my loans for emergency and use my own or extra money for gambling so whether i win or not , I don't have regrets. I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I have not tried asking loan only to gamble the money. Those users must have some tips like they are very sure they will win and replay the amount after playing. My heart would be pumping so hard if I bet the money if it were me. I would be betting the money on sports most probably. Those who took loans to gamble, do they do it in casino games like blackjack nad poker or would they do it in sports?
I have never borrowed money in my life to use for gambling. For one there's no guarantee that you'll win whatever you're about to wager on so you gambling on loan is like throwing your money into the sea and hoping that the wave brings it back to you.
For those that have borrowed and I have seen most of them do regret it while a few of them are lucky enough to come out with some profits, if you check the lending board you'll notice that lenders are not willing to lend to some accounts when they notice that they want to use it for gambling except that account is in a signature campaign that guarantees the payback of that loan.
For me loaning to gamble is a no go area for me.
Yep a no-go for me as well. If there is really the need to gamble, I might just sell the altcoins that I have been holding for years than ask for a loan.
I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I have never borrowed money in my life to use for gambling. For one there's no guarantee that you'll win whatever you're about to wager on so you gambling on loan is like throwing your money into the sea and hoping that the wave brings it back to you.
For those that have borrowed and I have seen most of them do regret it while a few of them are lucky enough to come out with some profits, if you check the lending board you'll notice that lenders are not willing to lend to some accounts when they notice that they want to use it for gambling except that account is in a signature campaign that guarantees the payback of that loan.
For me loaning to gamble is a no go area for me.
Yep a no-go for me as well. If there is really the need to gamble, I might just sell the altcoins that I have been holding for years than ask for a loan.
I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
Although i have never taken loan to gamble and it is not recommended to gamble with loan money but if you ask my feelings on gambling after taking a loan, i would fee very much anxiety and tension because i would definitely want to win in gambling else how can i return my loan back.
This is the main concern and problem with the loan money as you are overridden with emotions and due to that you are more likely to lose. Also it become impossible for you to enjoy the gambling because the only thought that surrounds your mind is to win and return the amount to the lender.
I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I have never borrowed money in my life to use for gambling. For one there's no guarantee that you'll win whatever you're about to wager on so you gambling on loan is like throwing your money into the sea and hoping that the wave brings it back to you.
For those that have borrowed and I have seen most of them do regret it while a few of them are lucky enough to come out with some profits, if you check the lending board you'll notice that lenders are not willing to lend to some accounts when they notice that they want to use it for gambling except that account is in a signature campaign that guarantees the payback of that loan.
For me loaning to gamble is a no go area for me.
I avoid debt like the plagueand therefore, it seems to me even worse idea to borrow to play EV-games. Debt implies risk and borrowing to play casino games implies a very high risk, whoever does so plays with fire.
In poker there are also those who get into debt calculatedly, for example people who are good and are banked to play higher levels or at tables where there are fish with a lot of money but they do not have enough bankroll to withstand a bad streak of the level. Then they make a pact with someone who does have money and bankrolls them, taking a percentage of the profits.
It's not bad, but I generally prefer to avoid any kind of debt.
In poker there are also those who get into debt calculatedly, for example people who are good and are banked to play higher levels or at tables where there are fish with a lot of money but they do not have enough bankroll to withstand a bad streak of the level. Then they make a pact with someone who does have money and bankrolls them, taking a percentage of the profits.
It's not bad, but I generally prefer to avoid any kind of debt.
I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
When I was in the first condition, I felt that I had no pressure, played as usual, different from the second condition that even when I lost 5% of my borrowed money, I couldn't be sane anymore in determining my betting choices, which meant I was in pressure in the second condition.
This is exactly what I’m thinking when I create this thread. I was tempted before to ask loan here just to gamble while waiting for my campaign salary to come but the interest rate discourage and your situation is exactly what I’m thinking whenever the loan money starting to burn on bets while you are thinking on how you will repay again the loan plus interest rate.
Pressure is really high when you are on the brink of losing while you don’t have enough money to pay the loan on time once you lose the loan amount.
@Oshondy, I totally agree with you. This is why I created this thread to get an insight on how user that doing this feel during actual game. If they feel pressured on gambling or just normal because we have different take on how we handle pressure and gambling.
Doesn't really matter if you borrow or didn't borrow and gamble with your money. Once you take out a loan and decide you are going to gamble with it, what matters is you have the means to pay back that loan. You can use the money for trading(gambling), casino(gambling), or to buy food. Long as you pay it back it doesn't matter.
I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I tried it before where I loaned money in order to gamble and the end result was the expected- my debt increased and I extended my loan in order to answer for the expenditures it costed for me to gamble.
At the end of the day, this really boils down on the reason on why you gamble in the first place. If you are chasing for profits, then expect losses at the same time due to the nature of it. If you gamble for entertainment, then the value on how much you bet is somehow irrelevant.
The lesson is here is to AVOID gambling using loaned money as the result is something that can further pile up and increase your debts/loan in the future.
I personally have never gambled using borrowed money
I had and I was so stupid. I realized after I lost all the money the same day that I borrowed it. Not at once, but as I continued to gamble with it and all got lost to gambling.
I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I have experienced 2 different circumstances for this case, the first is when I borrow money to gamble but I have definite income that will come in the near future, while the second condition is when I borrow money to gamble but I have absolutely no money at all will come for the purpose of repayment of the loan.
When I was in the first condition, I felt that I had no pressure, played as usual, different from the second condition that even when I lost 5% of my borrowed money, I couldn't be sane anymore in determining my betting choices, which meant I was in pressure in the second condition.
Is there additional pressure on gameplay or just the same using regular money without an interest rate.
anyone who borrows for gambling should already have a plan to repay it. even when they lose at the gamble. I mean gamblers don't have to worry if they lose their bet. because they have income that can be used to cover loans.although such a practice is not really encouraged. but in reality, most likely all that was done. if gamblers already have funds that they can use as backups to pay off loans, such as the salary they will definitely get at the end of the month. then there will be no pressure in the game. it might be different when the borrower doesn't have the monthly or weekly salary to do that. so in thinking of gambling, he can't afford to lose.
I’m not trying to become judgemental here but that’s how I can interpret a loan that received using casino account. I saw users on Darkstar loan thread before that receive loan via tip on their casino account while that specific casino has withdrawal fee and wagering requirements. I doubt that the loan money will not be used on gambling purposes or else they should use regular wallet address.
I don’t want to mention names here but you can check it for yourself on Darkstar loan thread.
You might be right to an extent, but I have few people that I know that have collected loan on this forum before. I know four people that collected loan on this forum before, only one person used it for trading, the remaining three people use it for life related things which is neither trading nor gambling. I don’t want to mention names here but you can check it for yourself on Darkstar loan thread.
Let us leave that alone because it is not even the main discussion. Borrowing money to gamble is stupidity. A responsible gambler will never do that.
I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.
Knowing that it's already a loss from the start, because there's an interest rate that's already active if you've borrowed, but I think it's wrong to borrow just for the sake of gambling, which is a faux pas that I don't think needs to be done or imposed.I think there are many people who borrow for gambling but they feel responsible for it so it doesn't matter and it's up to them.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I don't know about this experience because I've never done it, maybe there is a pressure part when they are gambling if they don't win then they have to pay back the loan from other money, but for me there is definitely a pressure that is felt even though they will say it's the same as no interest on the loan.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
How did you know what they are using the borrowed money for? Guessing makes you not to be right.I’m not trying to become judgemental here but that’s how I can interpret a loan that received using casino account. I saw users on Darkstar loan thread before that receive loan via tip on their casino account while that specific casino has withdrawal fee and wagering requirements. I doubt that the loan money will not be used on gambling purposes or else they should use regular wallet address.
I don’t want to mention names here but you can check it for yourself on Darkstar loan thread.
I personally have never gambled using borrowed money
I had and I was so stupid. I realized after I lost all the money the same day that I borrowed it. Not at once, but as I continued to gamble with it and all got lost to gambling. 
I personally have never gambled using borrowed money, the gambling I have done has always been from the money I have because it doesn't make sense to me.
I don't know how they feel, those high accounts do it and how they feel when gambling using borrowed money.
But I see many of my friends in the neighborhood, they gamble from online loans, from what I see and they reveal, when playing they don't feel burdened by borrowing money in their gambling activities, they play happily, especially if they get a win, they said that they forgot that the money used was money from the loan, but if their situation loses, there are those who feel sorry and there are those who don't care, and let their loans go without making payments.
I don't know how they feel, those high accounts do it and how they feel when gambling using borrowed money.
But I see many of my friends in the neighborhood, they gamble from online loans, from what I see and they reveal, when playing they don't feel burdened by borrowing money in their gambling activities, they play happily, especially if they get a win, they said that they forgot that the money used was money from the loan, but if their situation loses, there are those who feel sorry and there are those who don't care, and let their loans go without making payments.
Collecting a loan and using it to gamble is stupidity.
If someone is gambling with loan money, surely the person will most likely lose the money. The person is likely addicted and gambling addicts will continue to lose.
Gamble responsibly with the amount you can afford to lose.
If someone is gambling with loan money, surely the person will most likely lose the money. The person is likely addicted and gambling addicts will continue to lose.
Gamble responsibly with the amount you can afford to lose.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
How did you know what they are using the borrowed money for? Guessing makes you not to be right.
I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
Jump to: