Topic: Never borrow money to be able to gamble - page 17. (Read 2701 times)

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?

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.

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.

First remember that you have to play with common sense and responsibility oh literally this one is gone when you had lose streak or winning streak hahha basically only emotion control our when that two state happen.
But seriously tho Never borrow money to be able to gamble I mean for me it is to risky to borrow only for gamble heck It actually you take a risk when you do a gamble. Basically your thread already said it all about don't do gamble haha unless you understand with what are you doing. Thanks for the head up frenn

In gambling generally, there's more assurance to lose than win. So you ought to gamble with an amount you can afford to lose because gambling  is designer to be more prone to loses than wins.

taking a loan to gamble is being both irrational and irresponsible in your gaming activity because gambling is never an investment opportunity and you cannot guarantee yourself your capital, talkless of a ROI. There are lots of uncertainties in gambling and should be practiced only with funds you don't mind losing.

Strategies and more strategies are the reason most people lose like hell in gambling. Without a budget and principles to checkmate your over indulgence in gambling, such strategies can lead to great financial losses, possible recovery pressure and finally the dead man addiction.

It is always better to gamble with our own money which we provide specifically for this, because I personally think that gambling is a place of entertainment for rich people so that poor people do not need to try their luck at gambling. Although nowadays it is not uncommon for more poor people to try their luck in gambling for whatever reason that has happened to them. Whether it's because of addiction or other things that make them want to get involved, even though they themselves have to understand that losing money through gambling has become a very common thing for rich people.

Indeed, when we gamble it will most likely only make us lose money, I mean when the gambling ends in defeat and the gambler should not place another bet, hopefully when the gambling ends in defeat and there is a feeling of wanting to bet again it is better to consider it first, because the ending that is most likely to occur is the same ending, namely defeat or losing the money that has been bet, so in my opinion, considering the action to be taken first is not wrong. but it's better when gambling ends in defeat so don't think long or twice. What you have to do is stop and leave gambling to rest your mind, because of course continuing gambling doesn't necessarily mean things will improve for the better. with those who borrow money to gamble of course that is a mistake, so when we are going to borrow money we have to really consider it, with what we are going to do that we have to borrow money, if it is for business or something else maybe it still makes sense, but to use it in gambling doesn't make sense, it's even wrong.

Those who borrow money to gamble are of course like they are digging a grave for themselves, because of course it is very likely that by borrowing money it will only cause them difficulties in the future, with unstable finances plus their lives being in debt and not having a sure source of income to support them. can pay off the loan they have made, because the goal of many people in gambling is to get a win that can enable them to make money quickly. with those who dare to take big risk actions such as selling property or taking out loans, of course they are because they are already seriously addicted, there is a possibility that they will realize when they are at their lowest point, in other words they no longer have any assets or property including my own house.

That is true, it's only Gamblers who are greedy and addicted are the ones that can do such thing. In as much as am concerned, there is no point taken loan for gambling. I have come across most people who take loan for gambling and how they have disgraced and embarassed themself simply because they didn't use the money wisely. just like you said a loan should be taken for an existing business, that is true. a gambler is not supposed to take loan. For gambling rather should be a business that is more profitable than gambling which is a game of luck which a loan amount will just vanish in tin air within a second and may never come back.

remembering that gambling will only make the players lose money, of course if they borrow money and use it for gambling, that's a bad start, maybe their lives will be ruined because most likely gambling will not be able to give them what they want, such as big wins that can help with financial problems. they are included to pay off the loan they made at the beginning. It is true that borrowing can be done and is not a bad idea if it is allocated to the right things such as business and business, but for those who are addicted to gambling, borrowing money is one way to continue gambling when they no longer have money.
with gambling itself, of course the chances of winning and losing in my opinion cannot be said to be 50/50, maybe 80/20 or even 90/10. with those who are addicted and greedy, of course they are not aware of the greater chance of losing, or maybe they are aware of it but the desire to win still drives them more so they continue to gamble.

No, and I will never do it.
That's the worst thing any gambler can do. To borrow money.

Well, borrowing money to recover losses would always be a no-no, but what if let's reverse the situation. A gambler recovered his losses and won huge amounts of money as well using the money that he borrowed and walked away with those winnings. Is it still considered a bad thing even though he won? In general, this isn't happening all the time, and most who are borrowing money ended up losing those money that he borrowed. Now they dug themselves twice as deep. They lost their money, and now the money that they borrowed needs to be paid as well.

Overall, nobody must do this thing unless you know that you can pay it back in the future.

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.

basically it's a risk like participating in gambling, if you want to participate fully in gambling you shouldn't think of borrowing funds for gambling,  because two things is involved in gambling neither you win or you lose and if you have known this scenario and you still want to continue to borrow and participate In gambling is lift for you, because basically their is know guaranteed that when you borrowed and gamble that you will surely make it from gambling immediately,  so my fear always be that at end if I lose, where will I get the money to repay someone I borrowed from, we should try to think of both the negative concepts and positive concepts of it before we borrow to gamble despite that gambling is a risk that shouldn't push us to gamble any how.

Sometimes it’s better you don’t try to change addicted gamblers because they will never listen, it’s better they realize their mistake themselves. Whenever you try to talk to some addicted gambler, they will always feel they are not addicted to gambling, and they can control themselves, but they are really addicted to gambling. I have seen someone who was addicted to gambling, and I tried talking to the person, but he got angry and told me he knows what he’s doing and can decide to stop gambling whenever he wants, but the person was already doing things a normal human being shouldn’t do just for the sake of gambling.

First of all gambling is not a trusted means to wealth so it is not ideal for anyone to have the mindset of borrowing money to gamble, gambling should be followed responsibly, borrowing should mainly be for profitable investment not for unrealistic risk, a responsible gambler understands gambling, they wouldn't want to gamble with regret as return, they ratther gamble with what they can afford to lose or not gamble atole, a good gambler should know when to stop and when to continue, losing is a normal event thats bound to take place in gambling, the earlier we know this, the better for us, a gambler should keep his mind open to accept any outcome because no matter how good we think that we are in making selections of most likely games that might come as we expected, what will be most be and thats the reason why individuals should avoid borrowing money for gambling purposes.

Only those who suffer from gambling addiction may be led by their behavior to venture into debt in order to continue playing. Borrowing for the sake of gambling means that they have lost all their own money and all that remains for them is to gamble with other people’s money. Some who cannot find a loan, may consider stealing or defrauding to make money.

In the “Lending” section here in bitcointalk, I noticed that there are some users who borrow assets with or without a collateral, and the reason for borrowing is “betting”. I don't know how lenders would accept this, but it is clear that they are taking a big risk even if the interest rate is high.

There is a basic rule in the fields of "trading" and "gambling" that says that you should never risk using money that you can't afford to lose because there is no guarantee that it will achieve returns. I do not consider either of them a real environment of investment because the degree of risk is high and the user may be involved in consequences that he is not able to bear.

It's too risky for anyone to gamble with borrowed funds. Because if you don't win, what will you use to pay back the money that was borrowed? because we know what gambling is about, in fact, using borrowed funds won't give me the rest of my mind. and the best thing is to gamble with your own money that way, you will bear whatever risk comes with it. and if you do not have money to gamble, it will be better to even stay that way than get yourself involved with debt, whether you lose or win, you will still pay.



it is a very foolish decision to take a loan to gamble, Even though I enjoy gambling, I don't see myself making such a decision. and this is what addicted people are capable of doing. you see some people even selling their houses to gamble, like when I am not crazy. gambling is something you are supposed to enjoy. planning is the best have a budget if you want to gamble every day. you can have a good budget for your gambling but I won't accept that. you might just get yourself in trouble, because how do you pay back when you don't win?

One wrong impression people that gambles or become addicted to gambling have is that they feel that after several attempts they can win even when they are aware of the consequences of being too addicted to gambling but yet they pay deaf ears. Someone who wants to progress in life should make everything possible not to enter into repeating same mistakes they made again. Borrowing money to play gamble is bad because if it doesn't work that means you will find it difficult to pay back the money you borrowed because all your hope was that it will work according to your plan so in that case it will disturb one's mental health.

All those things in the lists are true but it all depends on how disciplined we are or how responsible we are towards gambling. Why did I say that? It is because sometimes we are more on words not on doing it. I think it's all because of greed. We all have to remember that doing mistakes in gambling will cost us consequences so be careful. But me personally, I do not gamble with loan money that's terrible.

A longstanding popular method to gamble on this site seems to be to start an account, fake your way into getting some trust, then take out a loan and bet it on a game.  If you win, you pay back the loan and then ask for a bigger one to risk, if you lose you disappear.  This is why most people don't lend money here and why it is so difficult to get a loan.  As the saying goes, this is why we can't have nice things.  Besides the scams that come along with borrowing to gamble, it's just plain a bad idea to begin with.  I don't understand why people do such dumb things.  Must be greed, right?

Yes it's true as you said that gambling is a black hole for gamblers who come and get involved without the right understanding of how gambling actually works, in the end yes obviously they will just waste their money and time and this happens over time especially when the phase of chasing losses is already done. And yes as I said above that I have one friend who really treats gambling in an excessive way, yes you are right he risked 80% of his salary just to gamble for the sake of chasing recovery and I always told him that chasing losses in gambling is like you chasing your own shadow.

On the other hand I also did not allow him to continue in this terrible situation, not only me but also the following other friends who participated in helping him by giving various suggestions and input to reflect on his actions which aimed to make him realize that what he was doing was wrong and endangered himself in the long run, and I also always invited him to do other things when he wanted to gamble, the aim was to distract him from gambling, and yes hopefully he can wake up soon and recover.