That's kind of funny, why will you borrow money then the only thing that will come to your mind is to gamble with it, the person know he can't afford to lose the money then still go ahead to gamble with it, the person is completely addicted to gambling which is very bad. I always advise people to stay away from loan and if you are taking a loan always make sure you use it wisely.
Am sure the guy wanted to gamble with the money so that he can double or make extra cash, but when you are gambling your win is not assured, anything can happen so always gamble with the extra cash you are having and always gamble with the amount you can afford to lose.
Hope the person those not have wife and children because I don't know where they are going to stay, he will use his mistake to punish innocent people.
Topic: Man Collapses after Allegedly Losing a $400 Loan at a Betting Shop - page 3. (Read 545 times)
August 06, 2022, 06:41:22 AM
August 06, 2022, 05:52:26 AM
Gambling is okay, only when betting from your own money only that is considered portion for your hobby/entertainment purposes. Betting using the lent money is a no-no.
Yeah, if we own the money then we can do anything we want with it. But if you just took it as a loan, you better be wise on using it because it can vanish quickly if not spent on better things.This is the very reason why most poor to average people become poorer due this kind of mindset.
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. 
August 06, 2022, 05:32:31 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.
Lol, I don't know why but the title of your thread made me laugh, sorry. Not that I underestimate the amount but 400 usd is also a huge money already for me. I think it's because most of similar stories that I hear has an amount which is bigger than what is featured here and also those guys didn't collapsed but they are only worried. The picture that you attached made me laugh as well as it got my attention first and I think it was some kind of a meme about the gambling site bet9ja but I only realized that it was based on a true story right after I started reading the post. We don't know maybe the guy is only doing a drama so that someone can help him but what he did there is still wrong.
August 05, 2022, 01:48:13 PM
unfortunately such sad story recalls a series of basic information for those entering the gambling sector.
- never take out a loan to gamble
- never gamble more than you can actually lose hence never gamble with money you need for daily expenses.
- never take a risk in something that you can control (I mean virtual games are not based in any skills, plus there is no track records.. and so on...)
- never take out a loan to gamble
- never gamble more than you can actually lose hence never gamble with money you need for daily expenses.
- never take a risk in something that you can control (I mean virtual games are not based in any skills, plus there is no track records.. and so on...)
August 05, 2022, 01:43:38 PM
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.
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.
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.
The nonsense that heavily addicted gamblers get up to never ceases to amaze me. It is a blend of pure desperation, laziness and greediness that ultimately drives people to commit such acts but a lack of education seems to play a role as well. It's bad enough that he put money down that was paying for a month worth of a roof over his head, but he put it down on a "virtual" sport which is absolutely engineered to only benefit the sportbook - there is absolutely no luck involved, it is all predefined through automated algorithms. He could probably have found much better odds with some sort of sports team and had a genuine chance of doubling up. It's hard to have any sort of sympathy for the situation he has created.
August 05, 2022, 01:18:56 PM
Gambling is okay, only when betting from your own money only that is considered portion for your hobby/entertainment purposes. Betting using the lent money is a no-no.
This is the very reason why most poor to average people become poorer due this kind of mindset.
This is the very reason why most poor to average people become poorer due this kind of mindset.
August 05, 2022, 01:12:58 PM
He is still lucky for me that he only loses $400. At least, he can negotiate it properly with the lender and do some new agreement on how to pay it if the man claims that he will struggle to pay for that. The first thing to do is to do that action before the due date so the lender will be notified about the problem.
The man just needs to work hard to earn the money until reaching $400. He should pay the price that's why no room for any complaints.
He should feel lucky that it's only $400 and not more than that. It's a nightmare if the amount loss is really big.
Next time, don't gamble when there's no backup and established plan in case of losing the money.
That really doesn't look the end of the world for him. Even though the man lives in a poor country where dollar values a lot and local fiat currency is worthless, 400$ is still recoverable through another methods relatively fast. The man just needs to forget gambling for now and concentrate his efforts in working and asking people around for temporary support until he can pay for a new house.The man just needs to work hard to earn the money until reaching $400. He should pay the price that's why no room for any complaints.
He should feel lucky that it's only $400 and not more than that. It's a nightmare if the amount loss is really big.
Next time, don't gamble when there's no backup and established plan in case of losing the money.
Maybe his appearance on the local news will lead people to recognize and offer earning and living opportunities to him.
August 05, 2022, 01:10:12 PM
Stories like this deserve a lesson for all gamblers because gambling doesn't always have a beautiful ending. in my city gambling is illegal but the majority of homeless are drug users and gamblers, they must have been thrown out by their families because they have destroyed themselves in their own social life. keep using a cool mind in any case, don't get emotional easily, especially when gambling.
August 05, 2022, 12:51:28 PM
Well, all people really have different attitudes to losing gambling, but do people investing in the crypt and losing after that react the same way, of course not, just stick to the rule of losing what you don't feel sorry for, but excitement and greed are insidious things, you need to remember this.
August 05, 2022, 11:52:34 AM
As we have been saying here in the community, 'gamble what you can afford to lose'. And this man didn't understand that and so now he has 2 problems, how to pay those loan sharks because for sure he will get a beating from them if he don't pay, and then probably homeless by now. Another stupid move by a individual and more likely he will continue to gamble as it seems that he is already addicted.
That’s what he got for being an irresponsible gambler. If he only gamble with discipline, or just gamble on an amount he can afford to lose, then he must still be living in an apartment safe and sound. I think gamblers these kind have been gambling addicts already as they cannot control the urge to gamble anymore. I hope this will be an eye opener to everyone that gambling won’t be a solution to your own problem. It will create another problem instead once not done in moderation. 
August 05, 2022, 11:40:06 AM
The first post correctly lists the risks of gambling and how we should proceed if we decide to gamble. I don't want to sound rude, but in this particular case (as in many others), the main problem was not gambling. It is obvious that if a person came up with the idea to bet on borrowed money to solve some financial problems, he is already in a difficult situation and the additional problem does not change much.
August 05, 2022, 11:23:51 AM
there are many similar cases happening in my neighborhood, some of my friends lost their property because of treating gambling blindly.
sometimes I feel sorry for someone who becomes homeless because of his excessive behavior towards gambling, the effects of addiction make their way of thinking become irrational, psychological disorders we often encounter in someone who has excessive tendencies.
So back to the title of your thread, the behavior of someone who has characteristics like the man you describe, actually they experience psychological disorders and loss of consciousness to think clearly.
many gamblers are desperate to risk all the money he has to double it through gambling, and in the end only hurt himself.
sometimes I feel sorry for someone who becomes homeless because of his excessive behavior towards gambling, the effects of addiction make their way of thinking become irrational, psychological disorders we often encounter in someone who has excessive tendencies.
So back to the title of your thread, the behavior of someone who has characteristics like the man you describe, actually they experience psychological disorders and loss of consciousness to think clearly.
many gamblers are desperate to risk all the money he has to double it through gambling, and in the end only hurt himself.
August 05, 2022, 11:17:47 AM
He is still lucky for me that he only loses $400. At least, he can negotiate it properly with the lender and do some new agreement on how to pay it if the man claims that he will struggle to pay for that. The first thing to do is to do that action before the due date so the lender will be notified about the problem.
The man just needs to work hard to earn the money until reaching $400. He should pay the price that's why no room for any complaints.
He should feel lucky that it's only $400 and not more than that. It's a nightmare if the amount loss is really big.
Next time, don't gamble when there's no backup and established plan in case of losing the money.
The man just needs to work hard to earn the money until reaching $400. He should pay the price that's why no room for any complaints.
He should feel lucky that it's only $400 and not more than that. It's a nightmare if the amount loss is really big.
Next time, don't gamble when there's no backup and established plan in case of losing the money.
August 05, 2022, 10:48:09 AM
We have been telling that to many gamblers, and the old ones know this rule already that do not gamble with the amount that you can't afford to lose.
This guy did it just wrongly.
That money that he took as a loan has something to be used for and then he did spent it to something that it shouldn't be.
This guy did it just wrongly.
That money that he took as a loan has something to be used for and then he did spent it to something that it shouldn't be.
If only he managed to play that loan money on strategy-based or skill-based gambling games, things might not become much worst.
There's a tiny chance but it's always not that good to use the loaned money for gambling purposes. August 05, 2022, 10:42:26 AM
If only he managed to play that loan money on strategy-based or skill-based gambling games, things might not become much worst. I don't understand where these people is getting the guts of playing a loan money in a luck-based games where the risks of losing is much possible
I also don't understand dealing with the last of your money and there's no Plan B. That's basically suicide.
I hope he will solve that problem and anyone else who has the same experience. Please don't give up.
I also don't understand dealing with the last of your money and there's no Plan B. That's basically suicide.
I hope he will solve that problem and anyone else who has the same experience. Please don't give up.
August 05, 2022, 10:06:38 AM
Maybe he fainted because the money used to bet from the borrowed day and the amount was very large, and even though it wasn't the loan proceeds, he definitely wouldn't sleep well and was even stressed and that was the consequence of gambling.
surely he will feel deep regret after he wakes up from his stupor but it has already happened, this is stupidity and carelessness done without calculation and not thinking long about what if he loses and repays the loan.
surely he will feel deep regret after he wakes up from his stupor but it has already happened, this is stupidity and carelessness done without calculation and not thinking long about what if he loses and repays the loan.
August 05, 2022, 09:36:07 AM
It has been repeatedly said not to gamble with money on loan or that money you can't afford to lose. Gambling is a strong force that always control an individual to only see possibility of winning but not for winning. As soon that you make the money out for bet, the money is no longer yours and you stand only in between to recover it above what it was or to lose in entirely. For the gambler who borrowed money to try his luck to multiply it against paying his rent, it is unfortunate that he may suffer the consequence of taking the risk of luck
This is absolutely pure greediness by the man in a bid to win huge money, unfortunately lost everything because of "getting rich quickly", why not gamble with 5% or at most 10% of the money after losing it he should just quit and look for other alternative to replace the little amount of money lost, gambling with the whole borrowed money not even his personal money is a very stupid idea, infact losing the whole money might consequently result to his suffering from high blood pressure, there is the possibility of not having an alternative means of repayment of the loan, this serve as warnings to newbies who had the habit of gambling with the whole lot of money. August 05, 2022, 09:18:51 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.
It's unbearable for him, imagine losing $400 instantly from a loan coming from a loan shark, loan sharks are notorious in giving high interest rate every time you delay your payment, I guess the guy doesn't have the money to pay his loan, this is the worst way to lose, you will still feel better if it's your own money, I could not imagine myself getting a loan from a loan shark only to lose everything in gambling.
If you're gambling money coming from a loan you are not thinking correctly, responsible people will never do such a thing.
Yes, probably that is the case for this man, watching the virtual game and then getting nervous when he see that his bet is not going to win. And eventually he lost and now thinking where he should get the money then for the rent and to pay for the loan. And it's unbearable that he collapses. Maybe for others $400 might not be a big money, but still a money that he chooses to gamble first instead of paying his rent so that he can still have a place to live, wrong decision but it's kinda late.
August 05, 2022, 09:11:35 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.
It's unbearable for him, imagine losing $400 instantly from a loan coming from a loan shark, loan sharks are notorious in giving high interest rate every time you delay your payment, I guess the guy doesn't have the money to pay his loan, this is the worst way to lose, you will still feel better if it's your own money, I could not imagine myself getting a loan from a loan shark only to lose everything in gambling.
If you're gambling money coming from a loan you are not thinking correctly, responsible people will never do such a thing.
August 05, 2022, 09:00:23 AM
This man has suffered the consequences of his greed, he seems to forget or ignore some important messages in managing his finances when betting, betting with borrowed money is always not recommended and he looks down on this message. The real bet is not how much money we deposit into the bookie, but we have to bet against the passion that always drives us to win big money. Every bet carries a capital risk and gamblers are generally advised not to bet more than they can afford to lose.
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