Topic: Never borrow money to be able to gamble - page 11. (Read 2701 times)

Which means you support the idea that someone is allowed to take a loan and bet on a live match based on their risk tolerance? 

Even in football matches, you could still be wrong with your predictions, so what if you gamble with loan money and still lose your bet? That means you will have to pay for money that was not used for any good business venture. 

A civil engineer in my country lost his bet on a football match, and the money he used was meant for the project he was doing. That's a tough lesson, bro. Even in football bets, you can lose.

Many stories I've read about people who borrowed money to gamble seemed to have similar repercussions on the players, none amongst such players who gambled with borrowed money were able to regenerate the money via gambling. Their results always returned void and they never had enough money to repay those who lent them money. I guess they lie to these people who give them money, because no loan shark will ever be able to handle giving loans to a gambler. At some points I wonder if addiction helps players to think of a lying method.

As it's obvious that a lot of them devise lies to get money. Especially from their loved ones. However, it's not a nice practice for a gambler to be a part of, the most important thing is being able to understand that gambling wouldn't yield them all that money back. On the long run after multiple losses and not being able to meet up to the deadline the gambler could get into a bigger trouble. His belongings may be taken by the loan shark or he, the gambler, getting detained. Landing his family and loved ones into trouble. Paying back the loans which they were not aware of, is always annoying.

It is real and it is happening people do borrow money to gamble, not only that they also gamble in credit to pay later, that is quite funny and such is an irrational behavior of irresponsible gambling and one of the reasons for this act probably might be as results of the fact that some people never realized that gambling should be more like an entertainment and not a way of making money, borrowing money to gamble can be very devastating and suicidal as gambling doesn't give any guarantee of winning and this could cause a lot of emotional trauma especially when things goes your opposite expectation. borrowing to gamble is a red flag of showing or activating an act of addiction which is a very bad approach towards gambling

I think it's too careless to borrow money just to gamble, it's like you're prioritizing something that should be a joking activity, and I'm sure if you or anyone has the courage to do that then maybe I would say that you are getting close to addiction, because with the act of borrowing money just to gamble it means that your interest in gambling has increased so that you do various actions that tend to be excessive.

And as you say it makes sense that let alone gambling with borrowed money sometimes gambling with personal money is still quite stressful, and gambling with borrowed money is the same as having to pay money that we never enjoy especially when it turns out that the results at the end of the session really lose and I would say that the idea will ultimately only trigger more problems such as getting into debt so that in the end not a few gamblers are stressed out because they cannot withstand the pressure of debt problems.

That's true even thinking of it is literally Weird, gambling with borrowed money . Is like chasing away peace of mind , just imagine losing money you don't have (borrowed money ) in gambling. That the tension will be way higher than you losing your own personal hard earn money . Such a thing can even lead to depression, and it may even lead to one losing his life.

If they can pay back the money to you, that will be no problem but most of the time they will delay their payment to other and said that they don't have money and needs time to gets the money and then pay you. That will be a problem to you because that can gives an effects to your financial. If they wants to borrow money to us, we must knows that if they have integrity and reliability to repay the money because they have responsibility to repay the money. We don't have to be in a trouble situations with our friends and if we thinks that they can't repay the money, it's better we don't lends them the money.

When he already asked $100 to us and we gives that money but he asked for more money, he must gives the money back first with the interest. Then, he can asks for the other money to borrow but if not, we can't gives the money to him.

Greedy gamblers will never satisfy with what they gets from gambling. They wants to gets more and more money but they knows that's difficult as gambling will not gives them the money easily. But if they lose their money in gambling and all of their money is gone, they will try to borrow money from other people. That's something we must not do because we already knows the risks if we lose that money, especially if we don't have money to repay it. Borrow money from other people is not an alternatives to playing gambling but that can makes you in trouble.

When gamblers fall into debt because of playing gambling, he will not thinks about how he will repay the money but he will try to borrow more money from other people and repay using that money. That will be a new circle to him as that matters will not ends if he doesn't repay all of the money he borrows.

Gamblers who addicted to gambling will use many ways that we can't imagine to fills what they wants. They will borrow the money from many people at the same time but they will not repay the money in a short time. They will delay the repayment and said many reasons and that will gives a problem to the lender. But if someone borrow money for fills his needs, maybe some people will gives that money because the money will not be used to playing gambling. They will have compassion with other people who needs helps and will try to support those people by giving the money to them. So we don't have to borrow money just to use for playing gambling because that can makes us in something that we can't imagine. Besides that, we must remember that borrows money for playing gambling will gives problem to us.

The problem is why people who borrow money actually take it into gambling, instead of using it for business capital which can channel more money so that the debt can be paid off slowly but surely. I don't understand the way people think like that, because I myself only often see gamblers who really have the ability to have more money to be able to have fun gambling and not end up trying their luck in gambling. Because gambling with borrowed money is not a wise thing to do so I can't stop thinking that there are people like that nowadays.

after all in gambling their chances of winning are not even big. They are very lucky if they can get big wins when gambling using borrowed money, because with big wins they can have money and pay off their loans, but of course those wins are very rare. We must be aware that winnings in gambling cannot be obtained easily because what will happen is most likely only defeat or loss of money. and even though they may have the feeling that they will win, it is certainly not a wise decision if they borrow money for gambling purposes.
Maybe those who borrow money to gamble are people who are frustrated with their gambling which always results in disappointment, so they take actions that carry big risks like that. Unfortunately, actions like that will of course only cause them to experience a lot of problems.

As a result of the despair, addicts began to think he should borrow money from his friends to be able to play gambling, but for gamblers who are responsible they will try to behave wisely in each decision because they already know the great risk if they take such actions.

Yes by concluding your opinion above it is true that gamblers who are addicted to have many ways or reasons for others to launch their gambling activities such as an example of addicts who borrow money with the reason to find family care or reasons to pay for their son's school and of course there are people will help him because you have compassion because you want to help him.


True, regret will be felt when gamblers have experienced a bad life that is having debts everywhere, property has run out for sale and of course the household relationship will be falling apart and he starts immediately realizing that his behavior has been very wrong and fatal to forgiveness.
Then he began to look for someone just to tell about the bad experiences that had befallen him with the aim of easeing the burden of the problem in his life and find solutions in the future to be even better

Gambling is about being lucky therefore borrowing money to bet on a game that the only way it can give you back returns is under probability is a wrong move and people doing this will end up broke. Emotions are also a big problem with gamblers because many of them still have a struggle with going against what their emotions is telling them to do and our emotions or instincts are not always right. People will tell you to trust your instincts but if you do that all the time, you will lose because your instincts are your emotions and when you are in a position of losing money, your instincts can malfunction and not give you the right advice to follow. Borrowing money brings debt to you and if you do not know how to manage debts, the money you borrowed will keep on increasing and you will be buried under debt all your life.

In gambling it will be very difficult to win and if we decide to gamble with borrowed money of course this will put us in trouble and I agree with what you say when gambling in a depressed condition of course it will be very difficult for them to win because it will be difficult for us to focus on the bets we are playing and of course it is very likely that we will experience defeat on the bets we play and after that we will have debts that we have to pay off, so it is important for us to remember that when we want to gamble, of course we have to use the money we have. Indeed, if we experience defeat, there is no problem and we also spend a lot of money on gambling.

Yes, you are right, it is really not recommended to take out loans to gamble and if there are people who take out loans to fulfill their gambling desires, of course they are looking for a problem that will cause them to experience ruin and it would be better for us to gamble according to the funds available. we have and still limit the funds we use for gambling.
Controlling emotions in gambling is of course very important because gambling when emotional is of course most people will do it with greed and this will of course make us spend more money on gambling.

Often gamblers who are too greedy or have a gambling addiction realize their mistake when it is too late when they need help from others about their gambling which has gotten out of control and maybe they realize when their addiction has caused them to have debts everywhere because the gambler gambled with borrowed money and at times like that People who initially cared lost respect and no longer cared about the gambler because they had initially been warned about his gambling which would likely make his situation worse in the future, let him regret his actions so he had to find his own solution to pay off his debts and hope he didn't make a mistake like that again.

Gambling with borrowed money will only make you miserable because you have to bear the burden of how to pay it back, therefore it is better to avoid gambling with borrowed money. If you don't have the money, it's better not to gamble than having to force yourself with borrowed money because if you continue the bad habit. You will be worried if you don't have money to gamble, always take out a loan so you can gamble.

If someone feels they must continue to gamble then selling any (spare) assets is more likely to wake them up to any problem then borrowing.  Thats why the rule to never gamble on borrowed money should be there, many countries that allow gambling do also either strongly discourage credit use or ban it.   I dont always agree with hard rules like that but in most cases that would be a good rule to keep.

If nothing else its true that if you have to either save up or arrange to sell your spare gold chain, etc. then you got more time to consider the bet, the conditions and risks you undertake and I will argue be able better to then win.   I dont agree with rushing a bet any more then heavy drinking while gambling would seem like a good idea to me, obviously its your money but I prefer the idea of a slow burn well considered.  If I feel too tired or its just a bad bet then walking away is the win for that day.

There is never a place where it is advised to borrow money for gambling. If anybody forms such habit surely that person is bound to fail or become doomed in the shortest period of time. Gambling should be played in accordance with a person capital intensity. We should learn how to control our emotions, if emotions is so much attached to gambling it will definitely makes a person to go contrary to the rules and may blame people for not given them a clue about it before they ventured into it.

This topic would fit in the same realm of placing stock/equity trades on margin.  One of the most important lessons I teach my clients as a financial advisor is to never get in over their heads. Borrowing money / betting on margin is a dangerous and slippery slope, and one where there's no guarantee on the other end of things.  Bet smart and responsible.  There's no such thing as a guarantee.

As people would say, “if you can’t stand the heat, stay out of the kitchen”. Not everyone is meant to be in the kitchen. Just because your friend is doing good with gambling doesn’t mean you have to join him. Look for what works for you and do it. Some of us can relate that there are things that work for us but don’t work for others. It’s because we’re different people after all. It could work better for someone else just because they know to manage risk, or know when to call it quits.

Borrowed or not, it would really be still ending up on the same thing on which you would really be that losing big time, as if this had become the most common scenario or condition on which a particular gambler would really be able to experience is on the moment that they would really be dealing up with gambling on which we do know that there's no way that they could be able to avoid that losing condition on which it would really be that a normal phase for you to have that kind of moment because gambling is really just that for fun and the odds is always against us and this is why its never been that ideal that you should prolong yourself on playing.
How much more into those individuals who do really make up some consideration on trying out to borrow money just for them to play?

You are really just that like on putting up a gun into your head or simply making up some suicide on the moment that you do keep on piling up your loans because you do gamble that much.
On the moment that you do consider out on taking up some loan then its understandable that you had already spent out your life savings on this kind of moment or condition on which this is really that absurd for a
certain individual for them to do such thing.We do know that it cant really be just that too easy to win up towards gambling and come to think that its been that just for the sake of fun
and not for earning income.

Until now i have not heard of anyone who has succeeded in gambling with borrowed money, most of them have actually lost big because of debt + gambling, this is a dangerous thing because usually our minds will not focus when we have debt and feel pressured to pay it off in fast time, the pressure of gambling and the pressure of debt will only make a gambling player suffer big losses and this happens not only to one gambler but to many gamblers.

I can agree to what your friend said if, the person borrowing the money is not going to gamble with it on casino games or virtual football games. Here is my reason, all these casino and virtual games are being played or organised by the casino itself based on the programming code, but in full they are programmed in a way that the house will always be on the wining side. But when we talk about real football gambling, this is were the risk tolerance comes in you borrowing should be within your risk tolerance provided you have a source of income, because if you don't have then, you shouldn't be thinking of borrowing in the first place.

Of course, borrowing money is the worst idea if it is done by a gambler, and you have already said that one of the reasons is because we will not always be able to win in gambling because after all the possibility of losing will always be a definite possibility.

This means that borrowing money just to gamble is a bad idea that in the end will only make them end up with a lot of regrets, and I think it really doesn't make sense to prioritize an activity that is only a "probability" or that doesn't have the certainty of always being able to win. where you also said that we will only be able to be happy when we are lucky and that is true.

I think many people have said that it is better to use gambling as a place to find entertainment when we are bored, and many have also said not to put too much seriousness and hope in gambling and that is true because after all there is absolutely no guarantee that you will always win.