Topic: Gambling experience using loan money - page 3. (Read 2230 times)

You are really that having that suicide if you do decide on gambling with loan money on which this is something that should really be needing to avoid because if not then for sure you would be finding yourself on huge debt

on which it would be resulting on messing up your financial life and might be ending up with some other shit options like taking suicide or would really be making some criminal acts on which it is really that something
that could possibly happen on a certain individual. Gamble on the money that you do have extra and something that you wont really be using. If you dont have money then better stop and find other ways for you to entertain yourself because if you are really that desperate on doing gambling then you would really be taking up some loan and if you do chase up your losses then likely you would really be messing up your life
if you do keep losing, but if you do win then consider yourself lucky but not all the time it would be something like this.

Why would someone really be pushing that hard or really that desperate on making themselves dealing up with gambling on a borrowed funds? Come to think that you would be basically be spending those
money and you would be needing to pay up interest.

It should be taken into account that there's no guarantee if you are into this gambling activities, same with your sentiment, if you loan or barrow money and use it for your gambling, once you lost the game the option is to barrow again and try your luck and it will be a repeated scenario and if you already out of resources chances of doing illegal things or something that is not usual can happen.

Make sure that you are aware if those things that you are trying to do, especially if you are involving yourself into gambling. Loan money can be a pain in the ass if you suffer from a huge losing streak.

Therefore, it is highly discouraged to borrow money just to fulfill the desire to gamble. the real impact that is caused, can end in things that lead to criminal acts as you say in this post. several others, ended his life. in fact we have several threads discussing such things, one of them is like you said. It is very important to realize that behind the pleasure of gambling there are risks involved. when someone gets out of control, and allows himself to be lulled by his excessive gambling activities. the impact is very large, it can be detrimental to ourselves, family, friends, or to take it out on things that are beyond our common sense and reason.

Well, another thing that is very important for us as gamblers to have is understanding, IMO.
it is very important to have a deeper understanding of gambling, how we interpret gambling for ourselves, as well as the definition of gambling itself. without getting involved as I said, most gamblers often get caught up in overactivity. to the extent that, when you have no more money, borrowing is the first option to do. after that, it could lead to something else. that's why, for me it's important to have as I said. thus, we will not be rash to do something reckless or borrow just to satisfy the urge to gamble.

Exactly. You are also doubling the risk of losing the money you do not afford to lose. How will you cover up for these losses, and where will you get the money to repay such borrowings? Gambling is a risky activity that does not guarantee winnings which can lead to financial difficulties. It's important to make responsible financial decisions and avoid taking on debt for non-essential purposes. Remember to always prioritize your financial well-being and make wiser decisions.

That's right, if you gamble using borrowed money then of course you will feel a lot of pressure, especially in gambling it's 50-50 between winning and losing, meaning that it's neutral that no one can know when the win will come. It's too early to think about borrowing to gamble, are you too sure of victory? I think some of the people who end up making loans have a very wrong mindset, where they are too sure of all the wins and have too high expectations there. I hope all gamblers think normally if they don't want to crash in the end. Like the case you mentioned, one of them ended up having a mental breakdown so he did things he didn't expect. This happens because they are too dizzy with the circumstances or the downturn they experience as a result of gambling, they borrow to gamble and lose and vice versa they have nothing to replace the money they have borrowed. So the point is not to overdo it in gambling, gamble with reasonable conditions which are just for fun so you don't get too down in it.

Lots of people end up in tragedy once they lose the money that they got from loans because that's when the time they realize they don't have anything anymore and they still have to pay for it. I once watched in the news that a man lost in a casino and brought some guns with him there and shot everyone randomly. This is what happens when you don't really care about playing with the money you borrow from others and don't have any means to pay it back once it is lost. That's why in order to be safe from such tragedy you need to consider the consequences.

I agree with this.

It's important that we should be wary of every loan to take and only use it for important matters such as spending it for necessities and for emergency purposes. One must not borrow money intended to be used for luxurious activity such as gambling that is risky to begin with. If you think you'll get profit by betting and playing, you might be right, but be reminded that it isn't guaranteed. Hence, taking your chances to borrow money for gambling use is not really recommended because you can't be certain that you can pay it off before the due date the moment you lose all of it.

My advice is as much as possible never to borrow money to gamble unless it is borrowed for something else that might be more productive, even if you are pressured because you lose gambling, don't ever follow those emotions and passions, obviously that will lead us to bad behavior as gamblers, that's clear it will hurt ourselves later if we fail to pay it.

I think we all know that gambling must be wise and responsible, always use money that we can afford to lose, not with borrowed money, that is definitely not recommended, as gamblers, it is clear that this is not a good way to recover from losses, always make sure to limit your budget. gamble so as not to try to get into debt for the sake of gambling.

A long time ago, I borrowed only once in my life to recoup. This is a very scary feeling mixed with anger and shame towards oneself. I was very lucky that the bet played and I immediately repaid the debt. I have never done anything like this again, and I won't do it. I don't know what would have happened to me now if I hadn't been able to recoup on borrowed funds then.

Now I can afford to borrow only when absolutely necessary. I take this as a matter of principle. And taking loans in order to place a bet or win back is a sign of incompetence and neglect of the elementary basics of financial literacy. But sometimes the desire to recoup is above all other desires. This must be feared like fire and learn from their mistakes.

Yes, you are right because it all depends on the intention of the gambling addict. If he really wants to recover from his gambling addiction, even if he searches the internet for a solution and finds it, he will follow all the instructions given to him without missing a single thing. But if not, he will waste his time looking for a lot of online information and do nothing. But if he seeks help from the people around him and they are people who care about him, surely they will always invite the gambling addict to try and encourage him that he can cure his gambling addiction. There will be people who will always remind him if there is something he hasn't done. Slowly everything will go according to plan until he is finally completely cured of his gambling addiction.

If someone is used to borrowing money from others, it will be easy for him to find people he can borrow money from. And so on until he couldn't find the person anymore because no one would want to believe him because he could never return what he owed them. That person is only looking for his own problems by borrowing money from other people because he shouldn't be doing that, especially since his money is used for gambling where there is no guarantee he can win. But he got guaranteed to lose from gambling and many people have lost from gambling. He should have immediately realized the mistake he made but he didn't and instead,, he continued to make money by borrowing money from other people to use for gambling. It is a circle that he must break but without a strong intention, this will not happen and he will stay in the circle.

Loans are intended for critical budgeting and perhaps meeting gambling systems objectives. We should be discipline, we're never satisfied with what we have; if we make an excessive amount of money today, we'll be even more frustrated and desperate the next day, because we keen on doubling whatever initial money we generated already. Creating extra money to pay bills without depleting our basic funds will result in significant savings for us in the system. We bet what we can afford to lose in the system and avoid staking what would make things extremely difficult for us.

We all make decisions either with our minds or with our hearts (I mean emotions). And if a player can no longer control himself, this means that he is already making wrong decisions with his mind - his priorities are distorted, and he sees in loans only an opportunity to try to get out of losses (completely ignoring the fact that additional debts can create even more problems for him). Therefore, often an excellent solution for the treatment of a player's addiction is to influence his emotions. And of course, a beloved girl, family, parents and friends are the best solution. Their opinions allow the player to look at himself from the outside. And as a rule, in interviews, dependent gamblers begin to think and recognize the problem at this very moment.

Well, it is logical that women perceive financial losses much more emotionally than men, because the upbringing of children is mostly carried out by women and maternal instinct is usually stronger than excitement, which can not be said about men. Although the family and children are almost the only thing that can stop a real player on the edge of the abyss, everything else as a rule does not work, does not frighten neither financial losses, nor the loss of house, car, job, if the passion for the game really makes itself felt.

From the point of view of preserving the family and financial capital, women are much more pragmatic than men.

It is rather paradoxical that at the same time, the majority of those suffering from gambling addiction are men (who sell property, lose their last money, etc.)  It turns out that emotionality in women and men simply lies in different areas, because in gambling, men are 100% more emotional and women, on the contrary (against the background of men), look like cold-blooded intellectuals.

Yeah, make sense that their main resource is just their salary and they're allowed to loan based on how much they're earning. And when they've got no money anymore, that's how they're resolving their issue of having no money by taking a loan. But that's not even solving a problem instead, it's making a new one.

It is a reason why I don't take any loan just for gambling. If I wanna have fun, it's very simple and I don't use any loaned money but my personal money whether it's for recreational activities like gambling or if I want to earn some as I gamble. But typically, when I gamble, I make sure that I'll just have to lose that money eventually.

Women are too emotional and they do not withtand whenever things are going bad. Men can easily sell their property and use it for another thing but a woman selling a property will make it look as if she is going down emotionally and financially. That is their nature the they attach too much importance to everything. Without them being girlfriends or wives, there are supposed to be many more gambling addict and other types of adding but for the sake of women and their emotions and the love men have for them some persons tend to withdraw when about being addicted or most times they agree to go for therapy in order to repent from addiction just because of wife and family.

So, we're invoking evolution to justify gambling addiction now? Humans, throughout history, have indulged in activities that provide immediate gratification, irrespective of the long-term consequences. It's our primitive wiring. Yet, aren't we, as Homo sapiens, supposed to be more evolved? Your argument is paradoxical! Just because the partner or child might be a reason to quit doesn't change the fact that the addiction shouldn't have started in the first place. We need to take responsibility for our actions, not hide behind weak justifications.

As far as I watched interviews with addicted players, the outcome of their addiction is 90 percent loss of family. No loving woman will calmly look at how the living conditions of their married couple are constantly getting worse, until furniture or appliances disappear from the apartment. Nevertheless, if an avid gambler comes to his senses and decides to change his life for the better, then his wife (or girlfriend) will always be happy about it.

After all, our women believe in us, and very often this is the reason for gambler to look at himself from the outside and realize how much the addiction has changed life for the worse.

And if there is a small child, then he can be a very strong motivation for the player to change and be treated. After all, there is no reason in this world stronger than taking care of your child.

And they will be on never-ending cycle where it will be difficult for them to break, unless someone can help them to get out from that certain situation but if they made their activities secretly including their family, then I'm afraid to say that they will be there in that cycle long enough before someone from the family will realize that they are into a very deep loop where problems are already worse because of the debts they've been into.

Of course this situation can be helped and will not be a problem, if only gamblers are more open and transparent to their own family.

They have thought it wrong because that kind of move is definitely not called as taking a big risk in the hopes to get big profits; that's not how it used to be. You should only use excess funds in doing this kind of stunt because that way, you'll be safer as nothing will bounce back to you if eventually you will be lost and surely, it wouldn't be a big deal because in the first place, it's an extra money where you can afford to lose. Borrowing money is just a shortcut to more debts.