Never borrow money to be able to gamble - page 16.

Oilacris

hero member

Activity: 2996

Merit: 609

Quote from: Oasisman on May 22, 2024, 08:32:06 AM

Quote from: btc_angela on May 22, 2024, 08:19:41 AM

Well just 2 days ago, I took just a short loan using some apps, it's just like $100 and just wanting to scratch that itch and go and travel to a landbase casinos and see how it goes for me. And with this small amount, I could have decided to go to play online, but I just wanted to go out and play on my favorite offline casinos.

To make it short, yeah, stupid I am, I lost that money and then immediately jump on to make a loan of another $100. But the same result, I have up and down in baccarat and slot machines. But at the end of the night, I went home, with nothing and then I have to pay that loan.

So it's a expensive lesson to learn for me, but I will be alright, I can pay that loan within a month.

I think you will never learn from that mistake to be honest with you. Because, it seems like you were never worried about the first $100 loan and then you added another $100, so that is like around $200+ or $300 in return when you pay for it from the lender.
Since you can easily pay for it within a month, there will be a good chance you'll get used to that kind of system. You take a loan and pay it within a month, this will go on cycle, no matter if you get a win and pay it in advance, AFAIK lenders do take a guaranteed interest for 1 month even if you pay early. With that interest, you will never get to fully enjoy and maximize the profit when you win, that's why it's always a smart decision to just use your own money than take a loan solely for gambling purposes.

You wont really be able to learn not until you would really be able to experience those unfortunate conditions on which you wont really be changing up something which is really that vary normal for a human nature on having this kind of behavior. Gambling is something just that for fun and the moment that you do find yourself that being spending on the money which are intended for other important
things then this do really indicates that you are already that becoming addicted to it and this is something which is dangerous into your finances. This is why it would really be better that you would really be that sensible nor wary on the actions that you are making because every decisions been made would definitely reflect out or would really be that resulting whether negative or positive.

Wakate

hero member

Activity: 1176

Merit: 543

fillippone - Winner contest Pizza 2022

Quote from: bitcampaign on May 22, 2024, 08:57:29 AM

I can't stop thinking if someone volunteered to borrow money to play gambling, but just playing gambling is something that is risky for everyone regardless of status, the big possibility is that the person's brain has changed their way of thinking, I'd better avoid that. I'm the same as getting into a hole of trouble if I do it just to play gambling, which means I'm wasting money, I'd rather wait for the results of my hard work and set aside a little money for gambling, at least not borrowing money just to gamble, of course. it would be double the risk if I did that...

Whether we borrowed money to gamble or we use our spare money , it is good we understand that gambling is not 100% predictable. Anyhow we choose to gamble, it is important we play bet with risk management so that we don't end up losing everything that we have. As we are having high expectations of winning, we should also have it in mind that we could lose bet since everything in gambling is all about luck. If we are so lucky, we could make money in betting without doing extra labour to merit a particular winnings. We can borrow money to gamble but it should not be a high amount. We should always borrow what we know we can lose.

zuzie

sr. member

Activity: 1470

Merit: 256

Quote from: Zoomic on May 22, 2024, 06:25:15 AM

I see no reason giving out loans to a friend who is not credit worthy, no matter the situation the person is in and the level of relationship that exists. A person who has a very low income should work hard to increase his income. If he thinks gambling is the only way out, then he is just being lazy and irresponsible. Even if he must gamble, he or she should at least work for the money he will use to gamble, instead of being indebted to lots of people.

Maybe this will be experienced by a small portion of someone's experience because basically it is true that actions like this are not recommended to be carried out because the risks are very high and can worsen someone's life, but maybe there are also only a few people who have experienced experiences like this and maybe this done secretly.

bitcampaign

sr. member

Activity: 1918

Merit: 268

20BET - Premium Casino & Sportsbook

I can't stop thinking if someone volunteered to borrow money to play gambling, but just playing gambling is something that is risky for everyone regardless of status, the big possibility is that the person's brain has changed their way of thinking, I'd better avoid that. I'm the same as getting into a hole of trouble if I do it just to play gambling, which means I'm wasting money, I'd rather wait for the results of my hard work and set aside a little money for gambling, at least not borrowing money just to gamble, of course. it would be double the risk if I did that...

Jawhead999

legendary

Activity: 1820

Merit: 1207

Quote from: Japinat on May 22, 2024, 08:34:36 AM

Some people avoid borrowing for gambling because they are afraid of getting addicted. I get it—it's about minimizing risk and being honest with themselves. We all have different ways of managing risk. Some people are not good at handling high-risk activities like borrowing money for gambling, which is what we've discussed.

I don't get the idea to borrow for gambling.

What most people said taking a loan is fine as long as you can manage the risk is if you borrow for something that will make you to earn money like business or trading, while gambling is for fun. If your purpose gamble to earn money, it's already wrong in the first place.

So if you borrow for gambling, you're losing your money two times, one for gambling and another one the interest fees.

Japinat

hero member

Activity: 3052

Merit: 685

Quote from: Coin_trader on May 22, 2024, 07:02:57 AM

The convenience of borrowing is you don’t need to move your own money or wait for your pay day by just paying an interest rate. I don’t suggest to gamble using borrowed money but doing it in proper moderation is not a sign of addiction or foolishness.

That's the way to be a responsible gambler. Some of us borrow money because we need to, and whether it's for gambling or something else, it doesn't matter as long as we are willing to repay it. I have borrowed money for gambling before, but it's not a big deal for me because I'm not addicted. It's only risky if you are addicted to gambling and borrow money, as then you'll likely not be able to repay it.

Some people avoid borrowing for gambling because they are afraid of getting addicted. I get it—it's about minimizing risk and being honest with themselves. We all have different ways of managing risk. Some people are not good at handling high-risk activities like borrowing money for gambling, which is what we've discussed.

Oasisman

hero member

Activity: 2716

Merit: 552

Quote from: btc_angela on May 22, 2024, 08:19:41 AM

Well just 2 days ago, I took just a short loan using some apps, it's just like $100 and just wanting to scratch that itch and go and travel to a landbase casinos and see how it goes for me. And with this small amount, I could have decided to go to play online, but I just wanted to go out and play on my favorite offline casinos.

To make it short, yeah, stupid I am, I lost that money and then immediately jump on to make a loan of another $100. But the same result, I have up and down in baccarat and slot machines. But at the end of the night, I went home, with nothing and then I have to pay that loan.

So it's a expensive lesson to learn for me, but I will be alright, I can pay that loan within a month.

I think you will never learn from that mistake to be honest with you. Because, it seems like you were never worried about the first $100 loan and then you added another $100, so that is like around $200+ or $300 in return when you pay for it from the lender.
Since you can easily pay for it within a month, there will be a good chance you'll get used to that kind of system. You take a loan and pay it within a month, this will go on cycle, no matter if you get a win and pay it in advance, AFAIK lenders do take a guaranteed interest for 1 month even if you pay early. With that interest, you will never get to fully enjoy and maximize the profit when you win, that's why it's always a smart decision to just use your own money than take a loan solely for gambling purposes.

piebeyb

legendary

Activity: 2464

Merit: 1039

Bitcoin Trader

Quote from: Litzki1990 on May 22, 2024, 07:44:45 AM

Gambling is already very risky and if one does not have a lot of financial freedom then the person should refrain from gambling where borrowing money to gamble is never a good decision for a person. The outcome of gambling is completely uncertain and no money can be borrowed depending on this uncertainty. We should gamble only when we earn money alternatively and when we use a portion of that earned money to gamble that losing the money will not have any negative impact on our life financially. Many people may make the mistake of thinking about the positive aspects of gambling and gambling by borrowing money from others without having money of their own. But when he gambles wrongly and loses his entire money, he realizes that the decision he took to gamble must be wrong.

Gambling should be a place to have fun, it should not be a place to make money, these words are always said in this forum over and over again, these words are expected to make many gamblers aware that online or offline casinos are not a place to make money but to earn money. fun, that's why a lot of rich people play there because they just want to have fun with their money, but most poor people actually try their luck and look for luck in gambling, while many people fail and don't succeed in getting a lot of money from gambling.

We have probably seen many people who are addicted to gambling so that they are willing to borrow money because they have run out of money, therefore they hope that they will win in their last game, which actually makes things worse, many gambling addicts are in debt and bankrupt because those who gamble have a mindset like what I mean, for example gambling to earn money and financial needs, this is clearly the wrong method and is not worth using, whatever it is, the point is, don't gamble using borrowed money, make sure you gamble with money you are ready to lose and most importantly, make it It's just a means of having fun.

btc_angela

hero member

Activity: 2660

Merit: 551

Well just 2 days ago, I took just a short loan using some apps, it's just like $100 and just wanting to scratch that itch and go and travel to a landbase casinos and see how it goes for me. And with this small amount, I could have decided to go to play online, but I just wanted to go out and play on my favorite offline casinos.

To make it short, yeah, stupid I am, I lost that money and then immediately jump on to make a loan of another $100. But the same result, I have up and down in baccarat and slot machines. But at the end of the night, I went home, with nothing and then I have to pay that loan.

So it's a expensive lesson to learn for me, but I will be alright, I can pay that loan within a month.

danherbias07

legendary

Activity: 3318

Merit: 1133

Leading Crypto Sports Betting & Casino Platform

Quote from: Litzki1990 on May 22, 2024, 07:44:45 AM

Gambling is already very risky and if one does not have a lot of financial freedom then the person should refrain from gambling where borrowing money to gamble is never a good decision for a person. The outcome of gambling is completely uncertain and no money can be borrowed depending on this uncertainty. We should gamble only when we earn money alternatively and when we use a portion of that earned money to gamble that losing the money will not have any negative impact on our life financially. Many people may make the mistake of thinking about the positive aspects of gambling and gambling by borrowing money from others without having money of their own. But when he gambles wrongly and loses his entire money, he realizes that the decision he took to gamble must be wrong.

I agree with you on that.
It's already risky to gamble and we are just adding more problems to ourselves if we get a loan, borrow, or whatever means that will bury us in debt. It will not be easy to be in that position because we will always be stressed out finding ways to pay back. The worst case scenario is we will be imprisoned just because of what we did for the simple reason of the gambling problem.
There's no going back to it once we lose. It's not like a game where we could have a save point and just load back after losing. It's scary but it is the truth, once we lose our money, it's gone.
I have been in a position where I was in debt but thankfully it's not for gambling purposes and that's why I can say it is a stressful position.

Litzki1990

sr. member

Activity: 1386

Merit: 406

Gambling is already very risky and if one does not have a lot of financial freedom then the person should refrain from gambling where borrowing money to gamble is never a good decision for a person. The outcome of gambling is completely uncertain and no money can be borrowed depending on this uncertainty. We should gamble only when we earn money alternatively and when we use a portion of that earned money to gamble that losing the money will not have any negative impact on our life financially. Many people may make the mistake of thinking about the positive aspects of gambling and gambling by borrowing money from others without having money of their own. But when he gambles wrongly and loses his entire money, he realizes that the decision he took to gamble must be wrong.

Reredmi896

member

Activity: 112

Merit: 13

Quote from: Coin_trader on May 22, 2024, 07:02:57 AM

Quote from: Su-asa on May 22, 2024, 06:33:50 AM

That's foolishness, any gambler who's borrowing to gamble all in the name of winning to double the money he has borrowed if fucking foolish. It's obvious that many people are into gamble to because they want to make money and it's very dangerous that they have to go beyond borrowing money all in the name of gambling. Greediness is like a sickness and it's obvious that more gamblers of nowadays are getting addicted to gamble because of their greediness.

It’s depends whether the borrower is borrowing money within the range he is capable to pay and also with the amount he can afford to lose. I do borrow sometimes for gambling but only with minimal amount which I can easily pay with my money in the bank anytime I want.

The convenience of borrowing is you don’t need to move your own money or wait for your pay day by just paying an interest rate. I don’t suggest to gamble using borrowed money but doing it in proper moderation is not a sign of addiction or foolishness.

There is a point to what you said, if you look at how much you borrow for gambling and how responsible you are with the loan problem, indeed we can rely on borrowed money by gambling as long as we are able to pay the loan money, but I think this method is not suitable for the long term, let alone used in people who are already dependent on gambling, because financial problems will not always be smooth. It's like putting a time bomb, it will be scary in the future if we can't cover the loan. It's better to gamble modestly, gamble with money you can afford to lose.

Coin_trader

copper member

Activity: 2800

Merit: 1179

Leading Crypto Sports Betting & Casino Platform

Quote from: Su-asa on May 22, 2024, 06:33:50 AM

That's foolishness, any gambler who's borrowing to gamble all in the name of winning to double the money he has borrowed if fucking foolish. It's obvious that many people are into gamble to because they want to make money and it's very dangerous that they have to go beyond borrowing money all in the name of gambling. Greediness is like a sickness and it's obvious that more gamblers of nowadays are getting addicted to gamble because of their greediness.

It’s depends whether the borrower is borrowing money within the range he is capable to pay and also with the amount he can afford to lose. I do borrow sometimes for gambling but only with minimal amount which I can easily pay with my money in the bank anytime I want.

The convenience of borrowing is you don’t need to move your own money or wait for your pay day by just paying an interest rate. I don’t suggest to gamble using borrowed money but doing it in proper moderation is not a sign of addiction or foolishness.

Su-asa

sr. member

Activity: 434

Merit: 265

Sibi Dabo,,,,,,, Teme Ini Na Sime

Quote from: Franctoshi on May 21, 2024, 06:04:29 PM

The worst thing that any gambler can ever do himself or herself is to go borrow in the name of using it wager to get double or triple of the money in gambling where that it profit and lose side is on equal scale, borrowing isn't a bad idea or bad thing to do but it is only good for business that is already established and for a situation where it has already known that an additional fund into that business will boost its profits, and not borrowing for something like gambling and trading where the profits and losing side involves a 50/50 chance of win /lose.
The majority of people I have seen do this are some gamblers who are greedy and addicted, these people can go extent and do anything to make sure they raise funds to gamble.

That's foolishness, any gambler who's borrowing to gamble all in the name of winning to double the money he has borrowed if fucking foolish. It's obvious that many people are into gamble to because they want to make money and it's very dangerous that they have to go beyond borrowing money all in the name of gambling. Greediness is like a sickness and it's obvious that more gamblers of nowadays are getting addicted to gamble because of their greediness.

Zoomic

sr. member

Activity: 616

Merit: 271

Quote from: zuzie on May 22, 2024, 01:44:55 AM

Quote from: livingfree on May 21, 2024, 05:06:50 AM

If a gambler will continue to have that kind of mindset, he's nowhere to go. Many of his friends are going to be away from him if he has taken a loan already from them even they're paid.

Because out of the activity of being a gambler, they'll look to themselves being a partaker of their friend who's addicted and has the habit of taking loan for gambling.

Yes, you are right, if we have a friend who is a gambler, especially if he is said to be a serious addict, we must always be careful because it could be that we often borrow money from us and the money will not be returned quickly.
Sometimes, if we have a very close relationship with a friend, perhaps we will not bear the suffering he is experiencing and with compassion we are ready to help him by lending him money even if it is used for gambling.
However, we must always remember that we must be prepared to give up the money if the return does not match the promise to be paid. So, those are the consequences and risks that we will bear ourselves if we lend money to gambling friends.

I see no reason giving out loans to a friend who is not credit worthy, no matter the situation the person is in and the level of relationship that exists. A person who has a very low income should work hard to increase his income. If he thinks gambling is the only way out, then he is just being lazy and irresponsible. Even if he must gamble, he or she should at least work for the money he will use to gamble, instead of being indebted to lots of people.

If you know a particular person is a gambling addict and you still go ahead to loan them money, you are not only putting your money at risk, you are also making things worse for that gambler. An addicted gambler needs help to recover from his addiction and not more money he will not use well. If you feel compassion for his suffering state, help him recover from his addiction.

I_Anime

sr. member

Activity: 574

Merit: 252

Quote from: sompitonov on May 22, 2024, 03:23:51 AM

In fact, these tips and rules written by the OP in capital letters should not be ignored. This is written from the vast experience of those who tried to borrow money for the game. At first glance, it seems that borrowing money to play is harmless, but it is not. This is just playing with fire that no one needs to do. Probably at a younger age I could do this, but now I will never lend money for a game because I know how it works. Probably this is intended for those who do not understand many things and do not attach much importance to it, but there have already been thousands of such clever people who tried to take other people’s money for the game and manage it as their own, now they have to give it back not only for months, but also for years. I want to say only one thing, just play with your own money, this is the most important advice of all that the OP mentioned and I am glad that such topics are being created on our forum. Perhaps this will save a few players.

Lol most people are fond of that , borrowing money to gamble, which is very wrong. Because at first what lead you to have the thought of borrowing money to gamble,it may be due the fact that you have loss yours when gambling. So are sure are you that you ain't going to lose the money you borrowed. Because is easier to lose what you have and move on with it than to lose someone else's money. Because at first you won't be able to move on expecially when the money you borrowed is way higher than the one you are expecting from your salary .so such act may endup affecting one negatively so to avoid falling In such situation is better not to borrow and gamble with what you have , not just what you have what you can actually afford to lose.

sompitonov

legendary

Activity: 1596

Merit: 1183

In fact, these tips and rules written by the OP in capital letters should not be ignored. This is written from the vast experience of those who tried to borrow money for the game. At first glance, it seems that borrowing money to play is harmless, but it is not. This is just playing with fire that no one needs to do. Probably at a younger age I could do this, but now I will never lend money for a game because I know how it works. Probably this is intended for those who do not understand many things and do not attach much importance to it, but there have already been thousands of such clever people who tried to take other people’s money for the game and manage it as their own, now they have to give it back not only for months, but also for years. I want to say only one thing, just play with your own money, this is the most important advice of all that the OP mentioned and I am glad that such topics are being created on our forum. Perhaps this will save a few players.

bayu7adi

hero member

Activity: 1470

Merit: 555

dont be greedy

Quote from: zuzie on May 22, 2024, 01:44:55 AM

Yes, you are right, if we have a friend who is a gambler, especially if he is said to be a serious addict, we must always be careful because it could be that we often borrow money from us and the money will not be returned quickly.
Sometimes, if we have a very close relationship with a friend, perhaps we will not bear the suffering he is experiencing and with compassion we are ready to help him by lending him money even if it is used for gambling.
However, we must always remember that we must be prepared to give up the money if the return does not match the promise to be paid. So, those are the consequences and risks that we will bear ourselves if we lend money to gambling friends.

Avoid doing business with gambling addicts who always lose and have a lot of debt. There have been many victims of chaos caused by gamblers who are in debt... the parties involved always receive unfair treatment that turns friends into enemies. Sometimes taking it to court will require a large amount of money, so it creates an obstacle for parties who want to get justice.

I prefer gamblers who can keep control of their finances in order to survive than gamblers who risk their finances all in for this game without thinking twice.

bettercrypto

sr. member

Activity: 1498

Merit: 271

DGbet.fun - Crypto Sportsbook

I also borrow money, but I never borrowed money and only used it to gamble because, for me, it's not right to do that and it's the wrong way. It's like picking up a hammer and hitting yourself with it. Maybe if someone is doing this just for me, this gambler is out of his mind.

I mean, it's not normal for him to think like this; it's the addiction that really controls them like that. And it's scary or worrying if a gambler has a habit like that, actually.

swogerino

legendary

Activity: 3318

Merit: 1247

Bitcoin Casino Est. 2013

Quote from: bakasabo on May 22, 2024, 02:48:55 AM

Quote from: Wiwo on May 21, 2024, 11:55:46 AM

Borrowing money to gamble with is the highest level of addictions, because as a normal gambler you have to know that gambling results are uncertain and unpredictable, so for that if you have the well withers you should already know that by Borrowing to gamble with you are already signing up for debts and debt is the primary feature of those that are already addicted.

For that, why should anyone go into Borrowing when you are going to lose the money I gamblein, gamble with the amount of money you don't need to solve any serious life responsibilities, don't let your greed to mess you up.

People have different situations. What if someone does not take wallet with him or have spend daily card limit, but he is in a company where everyone bets. What should this person do, stand and watch?
If borrowing is a high level of addiction, then what is taking a credit then? Whole world lives with credits. Does it means everyone is addicted to spending? I will use a default phrase for gambling - it depends. If a person is ready to take a risk, is smart enough to earn money in future, is a reliable person, then why it would be bad for him to borrow money?

Surely it depends but even if this person is in a company where everyone bets still it does not mean that this person should start gambling,get addicted and ask for borrowing money from co-workers.It heavily depends on the moral values of the person working in such an environment,if he does not care and never cared before for gambling he will still not care and if he didn't gamble but deep inside he always thought of making easy extra money he may start to gamble because of this environment.In this world everything it depends and gambling is much more relative than other things.

Topic: Never borrow money to be able to gamble - page 16. (Read 2685 times)