Topic: Pay off DEBT by do Gambling? think again before you loss more - page 11. (Read 1777 times)

A similar type of thing has been discussed here many times. It is never advised to take a loan to gamble or think to recover your lose by gambling. We do not control our luck. Mostly gambling depends on luck and unfortunately, the player has less chance to win. Winning is never guaranteed. So, if you invest your last money in gambling with the hope that you will win some money so you can pay off your debts with the money you would win by gambling, you should understand that winning is never guaranteed. If you lose it again, you won't be able to pay your debt. You could have paid off your debt withe the money you have just gambled. So, it's better not to gamble with your last investment.

It appears that he has resorted to gambling because he needs quick cash to pay off his debts, and no one in your group is willing to lend him the money he needs. Therefore, he has chosen to try his luck in the hopes of winning some money.

I understand that lending money to a friend to pay off their debt is not a good idea as it can lead to more debt. If someone were to ask me for money in such a situation, I would also decline. Instead, I would seek help from our mutual friends to pool money and assist the friend in need. This approach prevents them from resorting to gambling as a solution to their financial problems.

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

A similar type of thing has been discussed here many times. It is never advised to take a loan to gamble or think to recover your lose by gambling. We do not control our luck. Mostly gambling depends on luck and unfortunately, the player has less chance to win. Winning is never guaranteed. So, if you invest your last money in gambling with the hope that you will win some money so you can pay off your debts with the money you would win by gambling, you should understand that winning is never guaranteed. If you lose it again, you won't be able to pay your debt. You could have paid off your debt withe the money you have just gambled. So, it's better not to gamble with your last investment.

finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

Basically, instead of turning to gambling when strapped for cash, your friend could've considered getting a loan, selling stuff, or finding a part-time gig. These options are more practical and reduce the chances of digging a deeper financial hole. It's about making smarter moves to tackle debts without taking unnecessary risks

Basically, instead of turning to gambling when strapped for cash, your friend could've considered getting a loan, selling stuff, or finding a part-time gig. These options are more practical and reduce the chances of digging a deeper financial hole. It's about making smarter moves to tackle debts without taking unnecessary risks

Unfortunately, there are people who think the way your friend thinks. Its very possible to double or even triple the money used to gamble but the chances are extremely slim and not in the favor of the gambler. You’re more likely to lose your money than to have that win. It’s not a risk anyone looking to pay off a debt or a pressing bill should consider taking.

This is the wildest thing one could ever think of. Imagine paying your debt with something that can potentially leave you into more debt. Well anyway, some people make it work to them, but this is not applicable to everybody. You're better off just doing it normally like having a job then paying off the debt with your salary, rather than take a chance and a huge risk without any certainty of getting anything back.

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, and the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. Looking for loans, selling your valuables, or looking for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

I think it is not uncommon for people to come and engage in gambling with the initial intentions and goals like your friend who gambled with the aim of winning to pay off debts, however this is a wrong and stupid mindset. Gambling is always nothing more than a game of probability or profit - profit that does not have any certainty at the end of the session especially on winning, everything there is nothing more than a "possibility" and this is the reason why it is absolutely not recommended for anyone to put goals and hopes that lead to earning in gambling, none other than because the risks that are there are far unbalanced in the sense that it is very large which actually makes you experience a worse situation.

For those who come with the aim of winning I am sure that they are too focused on winning so as to ignore or rule out the possibility of risk which is clearly always inseparable in gambling, after all gambling is always about the possibility of two things at the end of the session namely winning or losing, so of course as I said above that it is a ridiculous decision if someone comes with the hope of winning especially with the aim and intention of paying off debt. However, gambling is not a solution to any problem, especially debt, because the risks involved simply do not allow a person to realize their wishes.