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Topic: Never borrow money to be able to gamble (Read 2685 times)

sr. member
Activity: 546
Merit: 309
September 29, 2024, 04:00:55 PM
Gambling is based on luck but many times we lose a lot due to our own mistakes including being too emotional and greedy.  Millions of gamblers are losing everything because of these reasons.  And in this case their fate cannot save them.  Gambling is a very bad thing. Gamblers who are addicted to gambling will not be able to do anything good in their life. Because gambling addiction will attract him to gamble again and again.  And no matter how much he loses, he cannot give up gambling. And they don't hesitate to gamble with loans from friends or banks after losing all their money
I once gambled by borrowing a large amount of money from the bank and I lost it. After that I decided to give up gambling but so far I haven't been able to  Even after that I have lost many times in gambling. And today again I gambled a very large amount. Now I feel very guilty. Because this money was my budget to buy a phone. My current mobile phone is very slow.  So managed a budget to buy a new phone but gambled it away today. Gambling is really a bad thing that can take away one's happiness at any time.
sr. member
Activity: 1400
Merit: 420
September 29, 2024, 03:47:16 PM
Gambling is based on luck but many times we lose a lot due to our own mistakes including being too emotional and greedy.  Millions of gamblers are losing everything because of these reasons.  And in this case their fate cannot save them.  Gambling is a very bad thing. Gamblers who are addicted to gambling will not be able to do anything good in their life. Because gambling addiction will attract him to gamble again and again.  And no matter how much he loses, he cannot give up gambling. And they don't hesitate to gamble with loans from friends or banks after losing all their money
sr. member
Activity: 574
Merit: 252
September 29, 2024, 01:38:04 PM
With you knowing this elements, you won't bother to go to the extreme of borrowing money to gamble. So have you borrowed money to gamble? If you do please take notes of this and stop it.
I have never involved myself in any situation that has to do with loan just to gamble, aside the fact gambling is unpredictable it’s totally wrong. Some might say they work so whenever they get paid they can settle the debt but, what happens when this act gets addicted to a gambler which means they can’t do without gambling for a day and more. It’s so obvious people don’t understand the purpose of gambling and how it works, gambling win don’t come with so much expectation rather the person is causing more mental harm. It’s not a must everyone should listen besides those who learnt their lesson can actually relate.

 I don't know where most people do gather the guts to go and borrow money for gambling. Like it doesn't makes sense at all , your borrowing money for something there's no certainty. Because in gambling is either you win or you lose . And this time around you are not only losing money you are losing someone else's money. Leaving yourself in debt, because for you to think borrowing money , shows that you don't have any money to gamble again, it may be due to your previous losses in gambling. So are you certain you ain't going to lose this one you borrowed, so to avoid such is better not to borrow or collect any loan for gambling
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
September 29, 2024, 01:11:57 PM
With you knowing this elements, you won't bother to go to the extreme of borrowing money to gamble. So have you borrowed money to gamble? If you do please take notes of this and stop it.
I have never involved myself in any situation that has to do with loan just to gamble, aside the fact gambling is unpredictable it’s totally wrong. Some might say they work so whenever they get paid they can settle the debt but, what happens when this act gets addicted to a gambler which means they can’t do without gambling for a day and more. It’s so obvious people don’t understand the purpose of gambling and how it works, gambling win don’t come with so much expectation rather the person is causing more mental harm. It’s not a must everyone should listen besides those who learnt their lesson can actually relate.
Taking up some loan just for you to gambling is a solid sign that you are already addicted into it and this is something that you should really be stopping as much as you could. Never make yourself
having this kind of action on which it will really be that possibly leading into that huge disaster specially into your finances. Debts could piled up until into the time that you cant be able to pay up anymore.
Even myself didnt consider on taking up some loan on buying up things that i cant afford on which this is really the primary rule on having no problems in terms of finances due to loans or debts.
Play into the amount on which you do have on extra and never ever take extra steps just because you are really that aiming for making money and not having the fun.
sr. member
Activity: 182
Merit: 120
September 29, 2024, 12:57:18 PM
With you knowing this elements, you won't bother to go to the extreme of borrowing money to gamble. So have you borrowed money to gamble? If you do please take notes of this and stop it.
I have never involved myself in any situation that has to do with loan just to gamble, aside the fact gambling is unpredictable it’s totally wrong. Some might say they work so whenever they get paid they can settle the debt but, what happens when this act gets addicted to a gambler which means they can’t do without gambling for a day and more. It’s so obvious people don’t understand the purpose of gambling and how it works, gambling win don’t come with so much expectation rather the person is causing more mental harm. It’s not a must everyone should listen besides those who learnt their lesson can actually relate.
hero member
Activity: 1106
Merit: 912
Not Your Keys, Not Your Bitcoin
September 29, 2024, 12:37:04 PM
In general, It’s really bad to borrow money for the sake of gambling however there’s always an exemption to this rule like when you are borrowing money just because your salary or expected money that was dedicated for gambling will come after few days while you want to gamble now.

All I’m saying is it’s not that bad if you are borrowing money if you have way to pay it and the amount was dedicated only for gambling or an amount you can afford to lose.

It’s bad if you are borrowing money for gambling while your only way to pay the loan is through the borrowed money itself plus profit.

I understand the circumstances you are coming from but I think in general, borrowing money to gamble is a bad habit because once you master it, there is no way out of it due to the addiction that comes with gambling. It's not like if you gamble, there is a guarantee that you are going to win, now you borrowed the money and played and yiu end up losing everything, you don't have choice but to pay back when the time is due for your salary.

Gambling isn't like a business opportunity that you are going to miss if you don't do it in that time frame, there are other plenty of opportunities to come which you can gamble on especially if you are the type that likes event games and sports, there are plenty of opportunities later and even if you don't gamble, you are indirectly gambling because sometimes when you observe, you see alot of things you don't know when you are even gambling.
legendary
Activity: 2716
Merit: 1092
Leading Crypto Sports Betting & Casino Platform
September 29, 2024, 12:18:43 PM

In terms of opportunity, there may be no difference, because using any money, luck is the main factor. However, it seems that we are not talking about opportunities here, but we are talking about the impact that will be caused and this can lead to an uncontrollable self.
What you said is a different story in my opinion, because it means they still have money at home but they are not near the money. Well, in the case we are talking about here, my assumption is that when the person no longer has any money at all to use and they are looking for other options to be able to continue gambling, namely borrowing money.
Actually, it's not just borrowing, because when they run out of money because gambling is also included in the category that is very close to addiction.

Even at bakasabo's perspective, wouldn't it cause some misunderstanding if the gambler losses more than he kept at home? It's better to stop once the money at hand is exhausted, than inconveniencing a friend to lend out money, that would certainly be lost.

Yes of course, as hyudien said that here we are talking about the impact of money that should not be used for gambling or the impact of forcing something that should have been stopped such as borrowing money when someone has spent the portion for their gambling session at that time, and if we talk about an object that is used to bet like money then it is clear that wherever you get the money there is still no difference, because for the problem of the results it depends on how lucky you are at that time.

But of course what should be the focus here is the impact of the action, in the sense of the impact when forcing something that should have been completed at that time regardless of the results, stopping at the right time as you suggest is a mandatory ability for a gambler, especially when they have run out of money, because when you have tried to use loans as an alternative to finance your gambling activities when you run out of money, usually the idea actually leads a gambler to the problem of being in debt.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
September 29, 2024, 11:37:26 AM
Is it really so big difference between gambling with own money and gambling with borrowed money? The odds are same, isnt it? The luck and random works the similar for any money. While people say that there is no need to gamble with someone else money, what if one person run out of money, that he has taken with him, but has money at home? Shouldnt that person gamble with borrowed money, if he is able to return it next day?

Gambling with borrowed money and gambling with your own money, it will indeed make you  play with the same game and chances. But believe me, when you have experienced a series of defeats and then  gamble with borrowed money it will make you even more destroyed. It doesn't matter if you still have money in your savings or wherever, but when you have  borrowed money to gamble it will make you even more depressed and the worst will destroy your life. So, please, don't think of borrowing money as a way for you to gamble, because borrowing money will be easier than paying it off. So, as much as possible not to borrow  money to gamble and maybe for other things,  it will only make yourself worse.
hero member
Activity: 1624
Merit: 791
Bitcoin To The Moon 📈📈📈
September 29, 2024, 11:17:56 AM
Gambling is an uncertain thing where one cannot say for sure whether he will win gambling bets in the future. Investing in something certain must have a guarantee or possibility of getting that investment back. But if money is borrowed to invest in betting on gambling then no one can guarantee that the borrowed money will be returned on time. Since there is no guarantee that the money will be returned on time, if you borrow money from friends or relatives, if you cannot return it on time, then there is no good relationship between them. Good relations between close relatives are destroyed only because of borrowed money. So it is by no means a wise thing to participate in gambling by borrowing for the time being.
The issue of borrowing from relatives is always a source of conflict, and we often see this in this area where borrowing is never returned, which is nonsense.

Investing with borrowed money is not recommended, let alone borrowing for gambling purposes? Obviously that is a mistake and where there are people who are desperate to do this, it means that they are addicted and it is difficult to stop playing.

Just gamble for fun - if you have more money you can play, if not just stop.
But this saying will be difficult to do for those who are already addicted.
hero member
Activity: 1274
Merit: 561
Leading Crypto Sports Betting & Casino Platform
September 29, 2024, 11:07:59 AM
Is it really so big difference between gambling with own money and gambling with borrowed money? The odds are same, isnt it? The luck and random works the similar for any money. While people say that there is no need to gamble with someone else money, what if one person run out of money, that he has taken with him, but has money at home? Shouldnt that person gamble with borrowed money, if he is able to return it next day?
In terms of opportunity, there may be no difference, because using any money, luck is the main factor. However, it seems that we are not talking about opportunities here, but we are talking about the impact that will be caused and this can lead to an uncontrollable self.
What you said is a different story in my opinion, because it means they still have money at home but they are not near the money. Well, in the case we are talking about here, my assumption is that when the person no longer has any money at all to use and they are looking for other options to be able to continue gambling, namely borrowing money.
Actually, it's not just borrowing, because when they run out of money because gambling is also included in the category that is very close to addiction.

Even at bakasabo's perspective, wouldn't it cause some misunderstanding if the gambler losses more than he kept at home? It's better to stop once the money at hand is exhausted, than inconveniencing a friend to lend out money, that would certainly be lost.
hero member
Activity: 2156
Merit: 605
Leading Crypto Sports Betting & Casino Platform
September 29, 2024, 10:53:42 AM
Is it really so big difference between gambling with own money and gambling with borrowed money? The odds are same, isnt it? The luck and random works the similar for any money. While people say that there is no need to gamble with someone else money, what if one person run out of money, that he has taken with him, but has money at home? Shouldnt that person gamble with borrowed money, if he is able to return it next day?
In terms of opportunity, there may be no difference, because using any money, luck is the main factor. However, it seems that we are not talking about opportunities here, but we are talking about the impact that will be caused and this can lead to an uncontrollable self.
What you said is a different story in my opinion, because it means they still have money at home but they are not near the money. Well, in the case we are talking about here, my assumption is that when the person no longer has any money at all to use and they are looking for other options to be able to continue gambling, namely borrowing money.
Actually, it's not just borrowing, because when they run out of money because gambling is also included in the category that is very close to addiction.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
September 29, 2024, 10:51:09 AM
I always assume that and to be specific i don't want to borrow and i don't have a chance to win by betting on gambling. So before borrowing and betting, think about how you will repay the loan if you lose the bet. Never want to put myself in a situation i can't handle. But if you have extra money to pay that loan then surely you can do everything easily. It simply means that you are too attached to the idea that gambling will bring about any significant change in your life. On the other hand it would be much better to assume that you are more likely to lose than win.
It is good if you can realize about how you will repay the loan because that can give us trouble with others. We responsible with ourselves and not let us get in a hard situation that we can not solve it. We must not borrow money for gambling and it is better we allocate some money for gambling. That will be better than borrow money because the risk after we finish our gambling activity. Many people are in the hard situation where they can not repay the money and the lender still come to them asking the money. If they have the money, they can repay it but we know that if people often gambling and borrow money, they will difficult to have money and that's the problem will occurs.
legendary
Activity: 2310
Merit: 2073
September 29, 2024, 10:10:37 AM
I have already gave this example in a similar topic, but I will repeat. Imagine you are in a company, that took decision to visit casino. You go with them. When everyone gamble, what will you do? Stand nearby or gamble also? Lets take a scenario, when you have decided to gamble with them, but you did not take enough money with you. Someone offers to lend you money, so that you will gamble with them and not get bored (because no one wants to leave right now). Your choice? Take money and gamble, or refuse ?

In plain numbers. You have $30k on your bank account, but took $100 with you that evening, and spent most of them during evening. Someone offers you $100 so that you will have fun with them. Would you refuse?

If I have deposited money in the casino account and lost them I do not deposit any more casino account no matter how strong the urge is. This is the only option I have found to minimize my gambling expenses. In addition, in recent years, this example is very difficult for me to imagine because of the inability to gamble in land-based casinos. I play only online.

If this situation did happen to me, I could easily go home leaving my coworkers to have fun further if they so desire. I am more than sure that some of them regretted the next day that they lost too much.
full member
Activity: 532
Merit: 181
September 29, 2024, 10:09:52 AM
In general, It’s really bad to borrow money for the sake of gambling however there’s always an exemption to this rule like when you are borrowing money just because your salary or expected money that was dedicated for gambling will come after few days while you want to gamble now.

All I’m saying is it’s not that bad if you are borrowing money if you have way to pay it and the amount was dedicated only for gambling or an amount you can afford to lose.

It’s bad if you are borrowing money for gambling while your only way to pay the loan is through the borrowed money itself plus profit.

That's right, it sounds very bad if someone borrows money just to gamble but on the other hand if he is forced to borrow money but there is an agreement to return the money and he immediately fulfills it I think it's not too bad. Maybe for people who are addicted to gambling, it is advisable not to borrow money from other people just to gamble, it is better to use personal money because people who are addicted can no longer control themselves when playing and the impact is that they will receive many losses so that they will find it difficult to return the loan if it is really done.

You can't guarantee that the game will happen, so the best thing he can do is spend his money to gamble rather than borrow from someone else, because you can't forecast football and anything may happen. You will undoubtedly get into trouble if he does not favour you. That is what one of my friends did last two weeks when they provided him money to keep for someone and later he used it to stake game and play Manchester City will be playing against Inter Milan and the game ended. In draw expecting that Manchester City will get the opportunity to defeat Inter Milan and things don't happen like that is how they started arguing and selling his phone to pay the money, he lose the game and still lose is smartphone. that is why is very bad to borrow money to gambling, Some people borrow to double so that they get money, and some people usually Deceiving people that they get sure 2 odd that will make some of people and borrow to stake so that they can get money and even one odd cut games sometime so be wise and knows how to gambling.
hero member
Activity: 826
Merit: 641
Leading Crypto Sports Betting & Casino Platform
September 29, 2024, 09:50:50 AM
Whenever you see a gambler borrow money to gamble, you should know he's an addicted gambler who's ready to go any length in doing anything that'll provide him money to satisfy his gambling addiction. No right thinking gambler will want to borrow money to gamble when he's fully aware that winning isn't guaranteed. Such behavior is only found among those that can't control their gambling engagements and whenever sighted, it's best we help them come to terms with the fact that it's a gutter behavior that must be avoided.

This is not a good sign of gambling,because he get into more credits because of gambling.Gambling had two chance of winning and losing,So if they lose the money it leads to two times of the credit.Because at first,you not created any assets from that money.And you never used that money for your personal use.Secondly the money you get credit need to pay in the future,So two times of credit will be added to your account.It’s better to avoid of the credit for the gambling that make you credit person with many of your friends.Finally you will only get credit for the survivals since you loss your money in the gambling.
What a pity! It is only addiction that can let anyone opt for borrowing money to gamble, it's so gross. I like the way you expatiate this and any reasonable person would have already known the risk as your points could be categorised into three which are 1) The pain of losing the money, 2) The pain of paying back the loan and 3) The valueless investment you made with the money by gambling it out.

These three are enough for someone to know that they can only use the money they can afford to lose to gamble, and even if you can afford big money to lose, still limit it to a ridiculous amount to avoid the later pain for yourself. Gambling is about an uncertain outcome and if we look around us, we would realise that the majority lose their money in gambling, so how is that person sure that he will not join the majority loser if he borrows to gamble? This doesn't make any sense in all good sense of thinking.
LDL
hero member
Activity: 742
Merit: 671
September 29, 2024, 09:48:33 AM
Gambling is an uncertain thing where one cannot say for sure whether he will win gambling bets in the future. Investing in something certain must have a guarantee or possibility of getting that investment back. But if money is borrowed to invest in betting on gambling then no one can guarantee that the borrowed money will be returned on time. Since there is no guarantee that the money will be returned on time, if you borrow money from friends or relatives, if you cannot return it on time, then there is no good relationship between them. Good relations between close relatives are destroyed only because of borrowed money. So it is by no means a wise thing to participate in gambling by borrowing for the time being.
legendary
Activity: 2492
Merit: 1215
September 29, 2024, 09:45:15 AM
^

I would never recommend gambling with borrowed money. Firstly because gambling is a high risk entertainment, and secondly because if you don't have money to spend on entertainment, you should stay away from gambling. There are a huge number of other entertainments that do not require as much money from you as gambling.

Nobody knows what might happen tomorrow. The money a person has at home (which he expects to give away tomorrow) may be needed for more important things than gambling. When borrowing money you should always take into account that unforeseen situations can happen.

I have already gave this example in a similar topic, but I will repeat. Imagine you are in a company, that took decision to visit casino. You go with them. When everyone gamble, what will you do? Stand nearby or gamble also? Lets take a scenario, when you have decided to gamble with them, but you did not take enough money with you. Someone offers to lend you money, so that you will gamble with them and not get bored (because no one wants to leave right now). Your choice? Take money and gamble, or refuse ?

In plain numbers. You have $30k on your bank account, but took $100 with you that evening, and spent most of them during evening. Someone offers you $100 so that you will have fun with them. Would you refuse?
sr. member
Activity: 1470
Merit: 256
September 29, 2024, 09:39:09 AM
In general, It’s really bad to borrow money for the sake of gambling however there’s always an exemption to this rule like when you are borrowing money just because your salary or expected money that was dedicated for gambling will come after few days while you want to gamble now.

All I’m saying is it’s not that bad if you are borrowing money if you have way to pay it and the amount was dedicated only for gambling or an amount you can afford to lose.

It’s bad if you are borrowing money for gambling while your only way to pay the loan is through the borrowed money itself plus profit.

That's right, it sounds very bad if someone borrows money just to gamble but on the other hand if he is forced to borrow money but there is an agreement to return the money and he immediately fulfills it I think it's not too bad. Maybe for people who are addicted to gambling, it is advisable not to borrow money from other people just to gamble, it is better to use personal money because people who are addicted can no longer control themselves when playing and the impact is that they will receive many losses so that they will find it difficult to return the loan if it is really done.
legendary
Activity: 2310
Merit: 2073
September 29, 2024, 09:35:38 AM
^

I would never recommend gambling with borrowed money. Firstly because gambling is a high risk entertainment, and secondly because if you don't have money to spend on entertainment, you should stay away from gambling. There are a huge number of other entertainments that do not require as much money from you as gambling.

Nobody knows what might happen tomorrow. The money a person has at home (which he expects to give away tomorrow) may be needed for more important things than gambling. When borrowing money you should always take into account that unforeseen situations can happen.
legendary
Activity: 2492
Merit: 1215
September 29, 2024, 09:08:28 AM
Is it really so big difference between gambling with own money and gambling with borrowed money? The odds are same, isnt it? The luck and random works the similar for any money. While people say that there is no need to gamble with someone else money, what if one person run out of money, that he has taken with him, but has money at home? Shouldnt that person gamble with borrowed money, if he is able to return it next day?
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