Topic: Never borrow money to be able to gamble - page 13. (Read 2685 times)
Never borrow money to spend on the unnecessary should be a good general rule to keep for obvious reasons. However it could also be a life lesson that needs to be learnt, I can understand why borrowing is thought as a negative activity even before any gambling comes into play. It does require some discipline to borrow only when you must. Alternatively only borrow when it enables money to be earnt or saved in excess of the cost of borrowing, then we're getting too complicated and people get lost and tempted into spending without any real chance of gain just the larger interest cost adding to their bills.
IMHO, the gambler will eventually realize that the care is there from the true friend that suggests him to quit and doesn't tolerate his addiction.
He may think as much as he can that he's not getting help and they're not real friends. But as we have said, real friends will never tolerate their friends for their bad actions.
And those actions are going to put them into a bad situation that they may have hard time of getting out.
Yes, awareness will definitely come after someone experiences feelings that are unfair to themselves, even though behind all that there must be a reason why other people have carried out this behavior towards the gambler, with the aim of making the gambler immediately aware and able to stop being addicted to gambling.
However, if the gambler can restrain and control his emotions well then the friendship will be fine, but if the gambler has a tough character and is easily emotional, the friendship will definitely be strained.
That's the hard thing nowadays when you're in need and you cannot adjust your attitude and you're the one having trouble to your own life. And when your friends give you advises on what you must do to have a good ending, you will not like them because you'll justify that you are living your life in your own.
Op, when someone finds himself in a situation where he/she borrows money to gamble, the person has already gotten addicted to it. There's a says that gambling is not for everyone, though the reason why some people borrow money to gamble, for example, let's say in sports bet, some people will have sure odds which they think if they stake money, they will win. Many people did not understand that there's no guarantee in gambling, you can even bet that all the players should wear boots, I believe one of the players may come without his boots. Just kidding. 
But gambling is very bad, if any newbie gives it a try 3 times and loses, I don't think they should continue wasting their money because that is the only way they can be addicted to it, and they will end up borrowing money when they are out of cash.
However, this happened to me the year I was gambling, that year was not easy for me. I was gambling with the money a friend of mine asked me to keep for him, I used to play sports betting and whenever I had sure odds, I thought I could make some profit with the money I gambled with, which I ended up losing everything. We should always believe that gambling is meant for fun, not to think that we are to be a wealthy person through gambling. Let's gamble with the money we can afford to lose, don't put your family into any trouble because of gambling. I have learned my lesson and I gave up on gambling.
You have given up gambling forever, do I understand correctly? I also had various situations, but what I can say about myself is that I have never played with borrowed money. For me, this is a prohibition that is simply built into my character, I simply cannot do this, because my brain blocks these actions due to the fact that I could lose my relationship with those people who are dear to me. To play with their money means not to respect them, but at the same time I understand that you had a very great desire to play and you could not do anything about it, unfortunately this happens to some of us. The main thing here is to forgive yourself for this and conclude that this will not happen again and it is not at all necessary to completely prohibit yourself from gambling. For me it would be a challenge to test myself and show that I really won’t break, no matter how self-confident it may sound. But gambling is very bad, if any newbie gives it a try 3 times and loses, I don't think they should continue wasting their money because that is the only way they can be addicted to it, and they will end up borrowing money when they are out of cash.However, this happened to me the year I was gambling, that year was not easy for me. I was gambling with the money a friend of mine asked me to keep for him, I used to play sports betting and whenever I had sure odds, I thought I could make some profit with the money I gambled with, which I ended up losing everything. We should always believe that gambling is meant for fun, not to think that we are to be a wealthy person through gambling. Let's gamble with the money we can afford to lose, don't put your family into any trouble because of gambling. I have learned my lesson and I gave up on gambling.
It'll be unclear to conclude what he meant by concluding or giving up on gambling. You know it's quite difficult to achieve due to the challenging needs to gamble on daily or weekly basis. Borrowing money to gamble is a dreadful mistake and no player is meant to engage into such a lifestyle. The worse aspect of this type of mistake is the unending continuous urge to always borrow to gamble. Going for loan means no money in the bankroll.
Hence, if the borrowed money gets exhausted the gambler will be in very worse emotional condition. His thoughts will be fast with no delays he'd be making countless mistakes due to unhealthy decisions. Additionally, the uncertainty of gambling, contributes to the difficulty of making enough profits to cover for the debts. Doing this will be a big blunder which can be caused by fatigue. Excessive gambling has impacts on the emotional strength of a player such that he gets tired along the line and his decisions would be fueled by pressure.
Indeed, debt always puts additional pressure on the player, and in the game you always need to look for solutions to get rid of this pressure, and not take on more and more.
I feel for people who engage in such, borrowing money to gamble,this is one thing that will definitely kill you because borrowing money to gamble is like putting yourself at more risk of depression, because that game you gamble on might dissappoint you,as well as the person you borrowed the money from will embarrass you.
There is need to hold a seminar on gambling,to let gamblers and newbies who are just entering into gambling know the bad effects of gambling,and the worst things involved in borrowing money to gamble.Those are doing these needs to stop,else they will suffer depression.
There is need to hold a seminar on gambling,to let gamblers and newbies who are just entering into gambling know the bad effects of gambling,and the worst things involved in borrowing money to gamble.Those are doing these needs to stop,else they will suffer depression.
Yeah, taking loans moves quickly to affect the emotional intelligence of a player. He could have other reasons to make huge mistake. A lot of addicts have lost their lives in the process and it's not meant to be, if new players underwent effective seminars before venturing into gambling. It's also a mistake for a player to hold on to gambling as a means to make money, but many players weren't told about this that's why It seems as though gambling is only the existing money making method.
Their mistakes escalates and the problem even gets worse once the player doesn't reach out to the loan agreement. What would be the reaction of his loved ones, it'll be embarrassing to most of them and paying back could also be a stress for the family. I think those who chose to borrow for gambling's sake weren't prepared to end up this way when they joined gambling. It all happened to them due to their lack of information or knowledge regarding responsible gambling. However, some could be reading about it but don't have the willpower to implement it.
It's a given thing, I guess. But to elaborate you can't borrow money and use it in gambling simply because winning will never be certain. Imagine losing all of it and still be needing to pay it, would you be fine? Never put yourself in a situation that you wouldn't want to. If you already have the urge to borrow for the sake of being able to gamble, there's a big problem going on. That simply means you're too hooked up with the idea that gambling will make any significant change in your life. Always manage the risk as much as possible.
Keep in mind that many people are only using a portion of their salary to avoid worse situations which is to ened up with nothing because of this activity. It would be much better to anticipate that losing is more likely to happen than you winning. If it's not your day then accept it. If you don't have money to gamble then accept it. Gambling is a game of luck and luck on the other hand is not something we have control of.
Gambling is not something important, i guess that people borrow money to attend to their important needs and if someone is actually borrowing money to gamble that means the person did not know anything about gambling and should understand that every activity relating to gamble is very uncertain. Experience in life taught me that i should not risk any amount that i cannot afford to lose either in investment or in gambling. Keep in mind that many people are only using a portion of their salary to avoid worse situations which is to ened up with nothing because of this activity. It would be much better to anticipate that losing is more likely to happen than you winning. If it's not your day then accept it. If you don't have money to gamble then accept it. Gambling is a game of luck and luck on the other hand is not something we have control of.
We are expected to gamble with a portion of money that will not affect our daily needs and other utility bills, because if we use the money that are meant for our domestic needs to gamble it will surely affect our cost of living thereby bringing problems in our homes especially in our marriages. i don't know how to put this but borrowing money to gamble is insanity and can lead to depression if the game turns out bad.
I feel for people who engage in such, borrowing money to gamble,this is one thing that will definitely kill you because borrowing money to gamble is like putting yourself at more risk of depression, because that game you gamble on might dissappoint you,as well as the person you borrowed the money from will embarrass you.
There is need to hold a seminar on gambling,to let gamblers and newbies who are just entering into gambling know the bad effects of gambling,and the worst things involved in borrowing money to gamble.Those are doing these needs to stop,else they will suffer depression.
There is need to hold a seminar on gambling,to let gamblers and newbies who are just entering into gambling know the bad effects of gambling,and the worst things involved in borrowing money to gamble.Those are doing these needs to stop,else they will suffer depression.
-snip-
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.
Thank you for the piece you've shared, they are all helpful and I am certain that those gamblers who can read your short article will be blessed in disguise. I wonder why people are gambling in desperation in the first place, gambling should be an extra activity and should not even be done solely for the money to be made through it. And even if the person will not solely gamble for fun but for the money, they should be wise about it and moderate things to avoid issues for themselves. I do not know the gain of the gambler who had wasted his money on gambling but still went ahead to borrow more money to gamble, is that not insane?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.
No one needs to tell such a gambler that he is losing it already, and perhaps he is already addicted to gambling. How it should be reversed should be the burning desire of the person and not the other way around. Gambling can only be enjoyed if we are responsible in doing it, but the moment we start irresponsible gambling, then we become unuseful to ourselves and everyone around us. Is that a good remark? This alone should have talked senses to many gamblers gambling anyhow.
The risk of losing the borrowed money is high, and the obligation to repay that debt remains, creating a vicious cycle of financial strain.
Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.
Of course, the borrower doesn't know whether we have the money or not, but it is clear that the party who lent the money will definitely want the money to be returned to the individual, especially if they borrow it from an official company such as a bank, of course there will be other dangerous risks when they don't. can pay off the debt he has incurred. Maybe the bank could confiscate the property owned by the borrower. because of course the bank will not let them continue to relax, of course they have to pay off the debt they have incurred. by them borrowing money to gamble is just their way of ruining their lives. because even gambling does not provide a guarantee that they will definitely win to help their finances. Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.
Even borrowing money not for gambling can ruin someone's life. If you really want to borrow money, you must first consider whether we can pay it off or not, because if not, there will of course be a big risk that could destroy us in the future. What you say is correct, loan funds must be used for meaningful and productive things that are truly positive and will be profitable for the future.
The risk of losing the borrowed money is high, and the obligation to repay that debt remains, creating a vicious cycle of financial strain.
Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.
Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.
It is a pity that the governments of countries do not prohibit people suffering from severe gambling addiction from taking out loans. I hope that in the future they will create a database of those who are not trustworthy in paying off debts.
And I hope that banks will be much stricter about the purpose of the loan, because problem gamblers should never play with borrowed funds.
But unfortunately, very often many shadow banks see such people as an opportunity to earn money, and lend them money at huge interest rates, which starts a chain reaction that increases debt day by day.
The risk of losing the borrowed money is high, and the obligation to repay that debt remains, creating a vicious cycle of financial strain.
Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.
Of course, the borrower doesn't know whether we have the money or not, but it is clear that the party who lent the money will definitely want the money to be returned to the individual, especially if they borrow it from an official company such as a bank, of course there will be other dangerous risks when they don't. can pay off the debt he has incurred. Maybe the bank could confiscate the property owned by the borrower. because of course the bank will not let them continue to relax, of course they have to pay off the debt they have incurred. by them borrowing money to gamble is just their way of ruining their lives. because even gambling does not provide a guarantee that they will definitely win to help their finances. Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.
Even borrowing money not for gambling can ruin someone's life. If you really want to borrow money, you must first consider whether we can pay it off or not, because if not, there will of course be a big risk that could destroy us in the future. What you say is correct, loan funds must be used for meaningful and productive things that are truly positive and will be profitable for the future.
The risk of losing the borrowed money is high, and the obligation to repay that debt remains, creating a vicious cycle of financial strain.
Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.
Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.
(1) DON'T FORGET IF YOU PLAY YOU CAN ALSO LOSE
Probably one of the most confusing if not misinformed because it's not "you can also lose", it's "guaranteed that you're going to lose", gambling isn't something that you can rely upon when it comes to making money, that's why it's for entertainment purposes only, you don't want to be gambling to make money to provide food on the table, you should gamble for fun and that's why it shouldn't be misconstrued that the losing part isn't that big of a deal because it is a big deal and it's not really something that we can ever take for granted.This means that this is the reason why we are better off first preparing ourselves to lose rather than focusing too much on winning, because it is not easy to always be in a lucky situation, and this is also the reason why it is more recommended to make gambling an entertainment activity because with this kind of mindset then it is less likely for you to take various actions that tend to be excessive.
For too many reasons it is foolish to borrow money to gamble. I don’t like borrow money and even when I do, I can’t risk it because you may try to be smart to double it and you end up giving the money to the casino like it’s charity and you will still have to pay up for money you never used to achieve anything meaningful. Gambling should be done out of your pocket and an amount you can afford to lose.
When it comes to gambling some people are wise enough not to spend too much money on it but some people don’t think about that, gambling is not bad to play but you have to be capable of playing it or you have the money to play it, I have seen many people who gamble but they don’t have work, and that is why you will see many of them got bullied on the public by calling them thieves, gambling can lead someone life to steal but that is also the wish of those who don’t want to work but want to have the money to gamble, many married men today are attracted to gambling and when it comes to the responsibility of the family they will not have the money all the name of gambling.
Taking risks is part of human life because no matter how it is you have to take risks in something you believe to make it but not in gambling ways, gambling pays but not for everyone and no matter how some people play gamble they can not get what they want because everyone has where he or she is destined to make money, I did not say gambling is not good, it is very good but not for people that don’t have money and still want to gamble by force.
Yes gambling is not bad to play. The issue starts from the addiction. Most players are addicted and don’t stop till they’ve lost a lot. While taking risk it’s usual and it’s just one of them, there’s a thing as calculated risk. No one should gamble too large than what they can or an amount that will make them go bankrupt or maybe their life savings. It doesn’t matter how sure you are that you will win because those who have lost to gambling expected to win too.
(1) DON'T FORGET IF YOU PLAY YOU CAN ALSO LOSE
Probably one of the most confusing if not misinformed because it's not "you can also lose", it's "guaranteed that you're going to lose", gambling isn't something that you can rely upon when it comes to making money, that's why it's for entertainment purposes only, you don't want to be gambling to make money to provide food on the table, you should gamble for fun and that's why it shouldn't be misconstrued that the losing part isn't that big of a deal because it is a big deal and it's not really something that we can ever take for granted. 
Gambling is not bad if they can do it with good self-control, but many people who gamble cannot control themselves well, which makes them addicted to gambling which leads them to gamble without looking at their financial side. Those who are addicted can of course do things that have big risks that can harm themselves and even other people, remembering that people who are addicted to gambling will usually have a more stubborn nature so they will only focus on the things they want, and by becoming addicted to it they just want to keep betting until they get to the desired point.
It's not natural and they shouldn't bet too big or beyond their financial means, because that will only make things more difficult for them, but the addiction that has stuck is difficult to get rid of so they won't be able to stop easily even though they have experienced many losses in gambling. with the belief that they can win or are more confident that they can win, which can encourage them to continue gambling and can even borrow money to gamble when their finances run out or go bankrupt.
If one can't control himself in gambling, he will lose. Because in gambling no one cannot survive without self-control. When a gambler loses, it is a natural desire to recover his lost money. But when that recovery effort goes beyond limitation, it is no longer normal. Then the negative effects of gambling began to appear quickly. The addicted gambler never holds back to manage his gambling. If necessary, he borrows money and continues his gambling until the money is gone. Later, when he loses the money he borrowed, he gets a glimpse of his addiction. But those who cannot calm down then do not dare to lose their last wealth. If you are addicted to gambling, you have to lose from it, but the life of those who gamble by loan money their life becomes miserable very quickly.It's not natural and they shouldn't bet too big or beyond their financial means, because that will only make things more difficult for them, but the addiction that has stuck is difficult to get rid of so they won't be able to stop easily even though they have experienced many losses in gambling. with the belief that they can win or are more confident that they can win, which can encourage them to continue gambling and can even borrow money to gamble when their finances run out or go bankrupt.
It's true what you said, gamblers who are addicted of course will not be able to stop themselves from gambling, because the strong urge makes them want to continue gambling and they can ignore the risks because the desire to get a bigger win makes them unable to. refrain from gambling and this is where they are said to not have good self-control. However, what is clear is that taking out a loan to return to gambling is the wrong action, because it will only get us into trouble, what's more, there is no definite guarantee in gambling about winnings that can be obtained.
We can borrow money for our own business or we can borrow money to meet our needs but for gambling or trading related activities we certainly cannot borrow money. You gambled by borrowing money and you now realize that decision was definitely the wrong decision for you. After your experience this decision seems wrong to you but now newbies especially those who decide to gamble with loan money should be careful in advance so that they don't gamble with loan money. You may be able to solve the financial problems you had after gambling with loan money but there are many people who may still gamble with loan money but when they gamble with loan money they will suffer but they are financially very will be in trouble. A gambler should always gamble with the amount of money he has no problem losing.
Money borrowed for gambling can be successful or unsuccessful depending on the amount borrow and he nature of the gambler. There are people who can possibly have two to three wins in a week out of 4 or 5 betting days. And if you check out most of those persons are in profits in gambling. They are specializing in reducing the risk by choosing some few games with less odd and then stake it with a large sum of money. What am saying here is that anyone using this strategy of gambling then it is possible that if the person borrows some good amount of money there is an assurance that he would make good profit and pay back the loan on time.
First remember that you have to play with common sense and responsibility, to make sure that the game is always an entertainment. Knowing this won't make you go to the extreme of borrowing money to gamble. And you have to know the golden rules of gambling. Which are!
(1) DON'T FORGET IF YOU PLAY YOU CAN ALSO LOSE
(2)FOR YOU, GAMING MUST ONLY BE A HEALTHY FOR ENTERTAINMENT.
(3) DON'T SPEND MORE MONEY THAN YOU CAN AFFORD
(4) DO NOT GAMBLE TO WIN BACK MONEY THAT YOU HAVE ALREADY LOST BY GAMBLING.
(5) DON'T LET GAMBLING INTERFERE WITH YOUR WORK OR WITH YOUR DAILY RESPONSIBILITIES.
(6) REMEMBER THAT GAMBLING IS NOT THE IMPORTANT THING IN YOUR LIFE. DON'T LET GAMBLING AFFECT YOUR FAMILY LIFE OR YOUR RESPONSIBILITY.
(7) SET YOURSELF A BUDGET AND DON'T EXCEED IT.
Why I brought this topic it's because so many people are still paying debt, why? Because they went ahead of borrowing money just to gamble and by the end of the day, they lose it all. I know of a friend who is still battling to pay of his debt while he used the money on gambling. Is it proper no. What are the main points of gambling?
(1) CONSIDERATION
(2) ANY AMOUNT WAGERED.
(3) RISK (4) CHANCE AND A PRICE.
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.
(1) DON'T FORGET IF YOU PLAY YOU CAN ALSO LOSE
(2)FOR YOU, GAMING MUST ONLY BE A HEALTHY FOR ENTERTAINMENT.
(3) DON'T SPEND MORE MONEY THAN YOU CAN AFFORD
(4) DO NOT GAMBLE TO WIN BACK MONEY THAT YOU HAVE ALREADY LOST BY GAMBLING.
(5) DON'T LET GAMBLING INTERFERE WITH YOUR WORK OR WITH YOUR DAILY RESPONSIBILITIES.
(6) REMEMBER THAT GAMBLING IS NOT THE IMPORTANT THING IN YOUR LIFE. DON'T LET GAMBLING AFFECT YOUR FAMILY LIFE OR YOUR RESPONSIBILITY.
(7) SET YOURSELF A BUDGET AND DON'T EXCEED IT.
Why I brought this topic it's because so many people are still paying debt, why? Because they went ahead of borrowing money just to gamble and by the end of the day, they lose it all. I know of a friend who is still battling to pay of his debt while he used the money on gambling. Is it proper no. What are the main points of gambling?
(1) CONSIDERATION
(2) ANY AMOUNT WAGERED.
(3) RISK (4) CHANCE AND A PRICE.
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 couldn't agree more with this if you have some real gambling struggles and addictions then take the proper steps to free yourself from the bondage and the chains and take back your freedom! Only you have to power to make these changes in your life, no one else can do it for you. This is really great these types of posts, I know many don't like them but they are honestly so important to have top of mind.
IMHO, the gambler will eventually realize that the care is there from the true friend that suggests him to quit and doesn't tolerate his addiction.
He may think as much as he can that he's not getting help and they're not real friends. But as we have said, real friends will never tolerate their friends for their bad actions.
And those actions are going to put them into a bad situation that they may have hard time of getting out.
Yes, awareness will definitely come after someone experiences feelings that are unfair to themselves, even though behind all that there must be a reason why other people have carried out this behavior towards the gambler, with the aim of making the gambler immediately aware and able to stop being addicted to gambling.
However, if the gambler can restrain and control his emotions well then the friendship will be fine, but if the gambler has a tough character and is easily emotional, the friendship will definitely be strained.
..............
Borrowing money is suicide that's why never ever consider such thing or action. You do know that if it keeps on piling up then you would be just that basically putting up yourself on a deep debt on which this is something a typical scenario or condition that you would be putting yourself on. If you would really be that careless in regards into the actions that you are making then expect for the negative things that will really be happening into you specially if we do speak about financial condition on which it is primarily be mainly be affected by too much gambling involvement or activity.Borrow money to bet is a pretty high-risky act and can be equated with financial suicide: stop and think if you are considering borrowing money to gamble. Debt that continues to build up will dig you into a deep hole of financial difficulty from which escape is not easy. The often irrational decision of borrowing money with the hope that it will translate into more winnings at gambling typically compounds an already bad situation, making it worse, not better.
When you cannot manage your finances well, particularly in instances of gambling, the ramifications are profound. Involvement in excessive gambling without control can deplete your savings, destabilizing your financial ground, and wreak havoc on your mental well-being as well as personal relationships. Hence it is of utmost importance to exercise prudence and responsibility in money management. Never risk money that you are not prepared to lose, especially if you use borrowed money. Because this will only be a disaster for you.
We can borrow money for our own business or we can borrow money to meet our needs but for gambling or trading related activities we certainly cannot borrow money. You gambled by borrowing money and you now realize that decision was definitely the wrong decision for you. After your experience this decision seems wrong to you but now newbies especially those who decide to gamble with loan money should be careful in advance so that they don't gamble with loan money. You may be able to solve the financial problems you had after gambling with loan money but there are many people who may still gamble with loan money but when they gamble with loan money they will suffer but they are financially very will be in trouble. A gambler should always gamble with the amount of money he has no problem losing.
Money borrowed for gambling can be successful or unsuccessful depending on the amount borrow and he nature of the gambler. There are people who can possibly have two to three wins in a week out of 4 or 5 betting days. And if you check out most of those persons are in profits in gambling. They are specializing in reducing the risk by choosing some few games with less odd and then stake it with a large sum of money. What am saying here is that anyone using this strategy of gambling then it is possible that if the person borrows some good amount of money there is an assurance that he would make good profit and pay back the loan on time.Jump to: