Gambling companies running in 3rd world countries are outright evil, They sell false hopes and dreams to the poor people living there and while they get richer folks there become homeless.
They do not sell false hope but many people who already know that gambling is very risky but always thinking to try even with money that should be for important things in their lives and this is a disaster especially if the person comes from a third country and without clear thoughts using money which is large enough to gamble, especially the person uses money from the loan, always use money that is able to lose. 
Topic: Man Collapses after Allegedly Losing a $400 Loan at a Betting Shop - page 2. (Read 545 times)
August 06, 2022, 11:05:54 AM
August 06, 2022, 11:04:27 AM
People need to understand gambling is a game of lose and gain , and the result is unpredictable. Since their is a probability of one loosing a game , it is good to only play with an amount of money that even if it get not to win it won't make one to be sober. People just need to understand the philosophy of gambling.
August 06, 2022, 10:46:17 AM
According to the story, a man collapsed after he lost $400(the equivalent 200k in my local currency) loan at a betting shop called Bet9ja. This money was borrowed from loan shark operators for pay for his house rent however. The man thought that he may be able to double it he took it to a betting shop. Sadly, he lost all the money to a virtual game. Now, he is mostly likely going to be kicked out of his .
That is one very thing that could occur or happen to anyone when someone borrowed money trying to X2 the money within a short period of time, so bad knowingly it was money that is meant for his rent and in the process loose the whole money, this should server as a very big lesson to him to learn. Anyone that wants to get involved with gambling should have in mind the risk that comes with it, hence one can even go extent committing suicide as result of this.This is as a result of his greediness for money.This put me into asking this question if he used the entire money ($400) in one time betting.
August 06, 2022, 10:24:43 AM
Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize.
Jemzx00 it's not like that, most gamblers are normal people who gamble with money we can afford to lose! Yes, it's normal to wish to become rich from gambling, but as gamblers, we know our chances and we choose to play crazy volatile slots where we can lose or win a fortune very fast, or we can play poker or bet on sports slowly, week by week... The reality is that people don't think about the consequences before it's too late... but that's life, we all make mistakes and we pay for them! We all learn how to think before we do something, that comes with years and experience...
I feel sorry for OP's friend but it will only serve as a lesson. It's just so heartbreaking that this situation mostly happens to the poorest of the poor. We should know the risk of gambling in the first place and we shouldn't put our hopes in it.
I don't think the OP knows the guy or even a friend of his but rather a story he heard somewhere else. Anyways, these kind of situation isn't limited to poor people but this also happens to rich ones. I think this is much more common to rich gamblers as they are easy to lose control and even bets their properties. 
August 06, 2022, 10:21:55 AM
Gambling has always been dangerous, there is no guarantee of profit, even professional gamblers lose money in gambling. In this case that OP posted, it seems to me that the guy made a bad bank management, took the money he couldn't afford to lose and made a losing bet, but I believe he did it out of desperation. he needs money, and so he thought that by betting and winning 2X he would have money to pay his bills and wouldn't have many debts, unfortunately everything went wrong. are things that happen. Now the biggest problem is undoubtedly the fact that he can't afford to pay his debts and won't have a place to live. this is the most worrying part because he can be arrested if the people he is due go to the police
The football season starts today. Many folks who gamble see it as an opportunity to cash out or double their money. This is a great caution to never take out a loan to gamble and another way of saying this is never gamble with money you cannot afford to lose. Lastly, I believe we have a moral obligation, not to introduce any friend and family to gambling matter how much we may have won in the past or think we will win this season. You can share your thoughts.
I'm also very regret for bringing my relatives friend to gamble, I have experienced the same thing. Actually I did not invite them but those who came to me, to be honest I was wrong. But as a man, I have to take responsibility, I will think harder to recover my finances in this new season, so that I can help my friends and relatives. The thing that must be considered is that, it should not just bring people into the gambling industry, they must have their own responsibilities with careful thought.
I don't talk to anyone about gambling, I'm afraid to talk to someone and then that person will lose money and blame me and then I'd be blamed
The football season starts today. Many folks who gamble see it as an opportunity to cash out or double their money. This is a great caution to never take out a loan to gamble and another way of saying this is never gamble with money you cannot afford to lose. Lastly, I believe we have a moral obligation, not to introduce any friend and family to gambling matter how much we may have won in the past or think we will win this season. You can share your thoughts.
I don't talk to anyone about gambling, I'm afraid to talk to someone and then that person will lose money and blame me and then I'd be blamed
August 06, 2022, 10:04:45 AM
The football season starts today. Many folks who gamble see it as an opportunity to cash out or double their money. This is a great caution to never take out a loan to gamble and another way of saying this is never gamble with money you cannot afford to lose. Lastly, I believe we have a moral obligation, not to introduce any friend and family to gambling matter how much we may have won in the past or think we will win this season. You can share your thoughts.
August 06, 2022, 10:01:18 AM
According to the story, a man collapsed after he lost $400(the equivalent 200k in my local currency) loan at a betting shop called Bet9ja.
It could be better if he's not gonna wake up again JK lol.
Well, that's not a new story. Pretty sure we have heard stories like this before and as long as there is gambling, we'll probably going to hear more.
I've got nothing to say this person If I personally knew him but wish him goodluck and the encourage him to be resilient and learn from what have happened to him.
I knew someone who has lost enough due to gambling, but he didn't collapsed, but he lost his car and his girlfriend for 10 years.
August 06, 2022, 09:54:28 AM
False hope in gambling could really make us lose everything we have. It is not advisable to borrow and bet more than what we could afford to lose especially if it's allocated to our necessities. I feel sorry for Ops friend but it will only serve as a lesson. It's just so heartbreaking that this situation mostly happens to the poorest of the poor. We should know the risk of gambling in the first place and we shouldn't put our hopes in it.
August 06, 2022, 09:48:21 AM
Gambling companies running in 3rd world countries are outright evil, They sell false hopes and dreams to the poor people living there and while they get richer folks there become homeless.
I think it doesn't have any difference on the second and first world countries since their promotion is mostly about double or triple your money etc and have a warning sign if gambling is high risk games. But since second and first world countries have better mindset than the third world counties, most of people were rekt of gambling mostly come from third world countries. Gambling companies aren't wrong, but the gamblers itself have full responsibility. August 06, 2022, 09:27:08 AM
Gambling companies running in 3rd world countries are outright evil, They sell false hopes and dreams to the poor people living there and while they get richer folks there become homeless.
August 06, 2022, 09:20:23 AM
-snip
that's why you should never gamble the money that you can't afford to lose. this guy is just one of many people who lost their money to pay the bills due to gambling.I wonder if he has a job because if he doesn't, being homeless would be the least of his worries. loan sharks are notorious when it comes to high-interest rates, if he can't pay his loan in time he'll be buried in debt.
That's too sad, I hope he has some day job so he can pay his debt and I hope there's no more problem he will encounter after this one. Being in debt or doesn't have anything in your wallet is definitely a bad thing, I hope he will take this as a lesson and will never do this again because if he do, he will lose his everything his family and himself and being buried in debt and addiction.
August 06, 2022, 09:17:03 AM
This is hilarious. The guy seems from a country which money is very hard to earn, Loaning on whale shark and lost it all on betting will surely give you a distress because that money is very huge in his country.
In my country $400 is a huge deal. The reason is that Covid 19 brought with it untold suffering and hardship. Coupled with the fact that the government would not stop passing policies that are unfavorable to her citizenry. So many people are living on less than a dollar a day. So I could why the man collapsed.It seems all hope is lost. It would take him more than a year to raise the the money. And maybe longer if he has a family. 
August 06, 2022, 08:49:53 AM
This is really concerning because, in a third-world country, $400 is a huge amount...
use your brain and logic, this is what everyone should encourage everyone around them because many people out there especially gamblers in poor areas do not have any concern for their future and their families. in my country, $400 can be pay rent for half a year and I would prioritize paying the rent rather than having to spend it all on gambling.
use your brain and logic, this is what everyone should encourage everyone around them because many people out there especially gamblers in poor areas do not have any concern for their future and their families. in my country, $400 can be pay rent for half a year and I would prioritize paying the rent rather than having to spend it all on gambling.
The man probably thought that $400 is also a huge amount if it doubled, and it's a good opportunity that came knocking at his door. He thought that it's just a quick bet that will make his money double, but he was wrong, big time. People who are thinking of get-rich-quick schemes too much are always screwed because it skews their judgment and thinks more of the benefits but never consider the negatives of their actions. I'd say he deserve it, and hopefully serve a costly lesson for him to not repeat the same thing again.
August 06, 2022, 08:47:22 AM
-snip
that's why you should never gamble the money that you can't afford to lose. this guy is just one of many people who lost their money to pay the bills due to gambling.I wonder if he has a job because if he doesn't, being homeless would be the least of his worries. loan sharks are notorious when it comes to high-interest rates, if he can't pay his loan in time he'll be buried in debt.
August 06, 2022, 08:21:00 AM
According to the story, a man collapsed after he lost $400(the equivalent 200k in my local currency) loan at a betting shop called Bet9ja. This money was borrowed from loan shark operators for pay for his house rent however. The man thought that he may be able to double it he took it to a betting shop. Sadly, he lost all the money to a virtual game. Now, he is mostly likely going to be kicked out of his apartment and wind up homeless on the street.
Obviously, this guy is not into gambling and was surprised that his money coming from the loan was wiped out in just a short period of time its a reaction of a guy who is helpless and in shock, the depression is going to linger as long as there is no solution to his problem, I hope his family can help him because this guy just suffered from breakdown, he needs a support system to get him back on track and be normal again I hope his friends and family can provide him the needed support.
August 06, 2022, 08:02:06 AM
This is really concerning because, in a third-world country, $400 is a huge amount...
use your brain and logic, this is what everyone should encourage everyone around them because many people out there especially gamblers in poor areas do not have any concern for their future and their families. in my country, $400 can be pay rent for half a year and I would prioritize paying the rent rather than having to spend it all on gambling.
use your brain and logic, this is what everyone should encourage everyone around them because many people out there especially gamblers in poor areas do not have any concern for their future and their families. in my country, $400 can be pay rent for half a year and I would prioritize paying the rent rather than having to spend it all on gambling.
August 06, 2022, 07:57:28 AM
No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.
Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize.This is just a one story out of many failed attempt in gambling, having that loans is not ideal and we should always learn from this. If you can't afford to gamble, don't borrow money just stay put and focus yourself in other things, gambling is not good to those who don't have enough capital for this.
August 06, 2022, 07:48:02 AM
No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.
Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize.Jemzx00 it's not like that, most gamblers are normal people who gamble with money we can afford to lose! Yes, it's normal to wish to become rich from gambling, but as gamblers, we know our chances and we choose to play crazy volatile slots where we can lose or win a fortune very fast, or we can play poker or bet on sports slowly, week by week...
The reality is that people don't think about the consequences before it's too late... but that's life, we all make mistakes and we pay for them! We all learn how to think before we do something, that comes with years and experience...
August 06, 2022, 07:18:13 AM
No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.
Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize. August 06, 2022, 07:00:38 AM
No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.
Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize. Jump to: