Topic: Pay off DEBT by do Gambling? think again before you loss more - page 4. (Read 1968 times)

Trying to pay your debts by gambling is the worst idea you can think of, an almost certain way to make your problems bigger and end up broke, as happened to the protagonist of the OP's story. We cannot repeat it enough times: gambling should be done with money you can afford to lose and never thinking that it will be the solution to your problems.

That's probably the worst thing that you can do, gambling so you can pay off your debts is a sure fire way to destroy your life and burden yourself with even more debt. I hope that this person didn't have that much debt though, I feel like people really need to understand that debt is a really heavy obligation and that people shouldn't just go on and ask for it or give it to someone because you're borrowing trust too if you're the borrower and the lender and it's really a hard thing to be a lender because you know that the money isn't going to go back anytime soon. Maybe we really need to teach the young people about debt because I do believe that if we instill a rule or principle early on their life, they'll be able to bring that until they're an adult, they're like a blank canvas at a really young age so it's a good idea to do so I think.

This is the worst thing that you can do in order to pay off your debts. I mean you already in lack of money, still you will take another loan to pay off this loan. Moreover you chooses gambling to do it so? Gambling is a profession where there is no uncertainty in winning. Everything depends on luck and how lucky you are. But still depending on something like this will be a foolish act. If you don’t want to increase your debt amount, then it’s better to avoid this idea.

Sometimes it is hard, there are people who have made those decisions of wanting to multiply their money with slots or any online game, but we have to be Clear that there we are going to lose everything or nothing, this when you put that money That's what we have left, but I think that before that, you have to think about it, because things are not as they are portrayed in the movies or in any type of publicity, I know that slots are games that can be played with little money. can win a lot, but maybe OP's friend had a lot of despair and a lot of stress, those two things worked against him and left them with such negative results, then of course if the fact of us entering a casino out of necessity, well We shouldn't do it sometimes without meaning to we play and win, but playing under pressure and under that stress you can't play calmly.

A casino is not an ATM so things can look very Different when we are looking for things to do, if there are many ways to do things better, it could be a loan, something I don't recommend, but in the face of so much desperation and with fast money omejro that's it, but considering that things can be very difficult, that's much better than risking everything in a casino.

It depends on the location of the person, for example if you are in the USA or Europe there are jobs that are done by the hour and cost a few dollars, so if you do something like that, is it what I recommend because I eat more ? There is no Other way to have a normal job because they pay 15 and 15 of the month, but at least you have other outlets, but you immediately have to lend money, and the best thing is, I would lend money , but only to buy bitcoin at this moment , because it is the easiest way to have it and multiply it, there is no other way , but of course as I said before, remember in a moment of despair because these things happen.

It's funny that some gamblers are resorting to gambling to pay their debt. It would be good if you're lucky and able to earn a decent amount, but what if worse case happened? Gaining should not be the mindset when you gamble your money, once you wager, be prepared to lose since that is very possible. Therefore, forget about paying your debts or gaining huge in gambling, just enjoy the game. Because if you can't do (since your goal is to gain) chances are you'll only lose more for having such mindset.

And that is what many people do not want to acknowledge, the number of people that go from being poor or middle class to become rich and which do so without working hard is quite limited.

Anyone that wants to resolve their money issues have almost no other option but to work diligently towards that goal, no other solution other than that can work out, but since this requires a lot of effort, many people prefer to think that there is a way for them to achieve the same results without exerting themselves that much, a belief that is mistaken without a doubt.

By gambling to pay off debt, gamblers are just going to increase their overall debt along the time, as they will be adding debt from gambling to their current debt they are trying to pay off through hypothetical gambling income. Profit which may never come, or that will eventually stop coming at some point the more they gamble, once they hit a long loss streak. For the debtor, gambling is just going to mess with his life even more, as the purpose of this activity isn't to proportionate people money to pay their debt.

If gambling worked this way, I guess nobody would have to work anymore, as they could simply use gambling as an ATM machine always they were in need for funds. People want easy and comfortable solutions for complex issues. The truth is that if you are in need for money, you have to work in order to acquire it. And there isn't any other alternative, if you aren't an heir from a wealthy family or don't have anyone behind sponsoring your expenses.

 This was happen to me when I had start the carrier in the gambling site.Because when we have a loan need to pay,but we don’t have enough money for paying complete loan.This leads to the gamblers to get more pressure in the gambling site to make money.This will make me to take more risk in the most of the game.The gamblers who take big risk in the gambling will ah e tow option,they will shine on the gambling site.The second one is different the loan repayment was become the harder one.They emotionally weaker person will loss the money easy in the gambling site.

I agree and that's what I have said in the latter that if you've got your own money or from your salary or any means that it is yours.

Much better to choose the safest way to pay your debt through that than choosing to gamble and then you might have another problem on top of that.

It seems like there are a lot of gamblers who think that gambling can solve their problems, including paying off their debts if they are able to win a certain amount of money or can double their money when gambling. People like this usually don't think too much about the risks because as far as I know, people who think regarding the risks of gambling, he will not consider gambling to be able to solve their problems, in fact gambling can create new problems that further complicate their own situation.

This has been reminded many times by many threads here that don't take too much risk in using money when financial conditions are difficult, because it will be a big risk for them because they will experience defeat due to the fact that people who dare to take risks may not necessarily be able to produce as expected. In fact, it will destroy your hopes and it will be increasingly difficult for you to pay off your debts caused by gambling losses

Earning money in all other professions is somewhat difficult and time consuming but gamblers think that it is possible to earn money in gambling without any effort that's why they choose gambling as their only source of income. If the gambler thought that he had the prospect of earning money as well as the possibility of losing money, he would never have made such a decision. I think people who are in debt should not gamble at all. If a gambler is in debt, subsequent gambling will only increase his debt, but he will never be able to pay off his loan if he gambles. Yes of course it is true that the gambler risks his own money but we can say what is right and what is wrong and that is what we are saying here. We may be able to discuss what is right and wrong but it is entirely up to the gambler what he wants to do.

The chances of this coming true are very slim yet the gamblers think that they are going to hit it big in their next session and of course they are optimist when they go to the casino to play.We have a saying here for the gamblers as many of them are losers so we say a gambler is someone who enters the casino like a boss and exit from it like a street beggar.So yeah no sounded logical person would ever take a loan to gamble and to pay debt with that money.

People who gamble with such a plan think that the financial loan they are taking will be paid off by gambling and they will do it in a very quick time. There is good reason to think that, the gambler thinks only positive at that time and he thinks that if I gamble using the amount of capital I have, I will win several times and use that money to pay off my loan. When they come to gamble with such a plan and lose money instead of making money, they realize that the reality is not what they had calculated. 
You don't have to think about only the positive side or only the negative side of the work, but there can be both positive and negative aspects of the work, and which one is more likely to happen, then you need to take such a decision. 

I always say that if we are in debt then we should pay off the loan first and once the loan is paid off then we should take that decision. I'm in debt but I lost money by gambling without paying the debt then no we couldn't pay our debt and we couldn't make money by gambling means then we both lose.

No doubt, gambling is risky, and it is the reason why it should not be an option for those who are looking for money desperately. If not, they will rather lose more instead of making that money. Gambling is such that is not so friendly when it comes to emotion, and desperation is part of it, it will only put pressure on you, and if you are such that is not relaxed enough, the feeling that you want the money so badly will always cloud your judgement and you will continue to make mistakes.

If you need money like that, sort it elsewhere, it is only a few people out of many who have been lucky enough to go scot-free in this regard. Can you imagine what the guy opted for, the slot games? That is the reason he lost the money, he didn't even give it the needed fight and thought. Slot games are not games that you rely on your belief and what you know, it is almost absolutely reliant on the luck of the gambler which makes it not the right door to knock in the time of desperation. Or else, you have a higher chance of losing that money.

I'm not saying that you can't win because gambling always provides the opportunity to win in any amount to every gambler but the problem is that it's not easy to always be able to get good luck to succeed in getting a large amount of winnings, And another thing that is feared when you gamble with the intention of paying off debt is when it turns out that in the end the final session does not match what you want then it is very vulnerable for gamblers to end up with emotions, I mean it is difficult to ignore emotions when you put your hopes on winning, and what usually happens is that you actually fall because you cannot control the emotions in yourself.

Therefore I think it is better to, "pay off your debts first" and never assume that gambling can pay off your debts because most of the facts that happen are that you will even get more in debt because of treating gambling in the wrong way, because after all in gambling there is always no certainty that can guarantee you to win at the end of the session and what if it turns out that you lose more? therefore avoid silly ideas like this.

This has been said many times, never risk the money that is necessary for your life. Get into gambling when you've got excess money after meeting all your end-of-month needs. There are people who risk the money required for different needs, lose it gambling, and once again start to borrow, ending up in debt.

This is commonly seen with people who consider gambling a way of earning money. Such a mindset needs to be removed. Here the situation of the person is the same; he should have paid the installment with what is available. Remaining, he should have arranged for some alternate choice. Now he needs to borrow more, take the pressure of paying it within the deadline, and think of repaying the borrowed money.

Win big unexpectedly then pay off your debts.

But if that's not happening, don't be too hopeful that you'll get to fully pay your debt by gambling. It's a ridiculous decision if you're going to continue that.

Pay with your money, your salary or any income from your cash flow and gamble only with the spare you own not with something that's meaningful to you.

Yes, that's true because success doesn't mean that we succeed in getting abundant wealth. But success is more about how we can have something difficult for other people to get. For example, having a good and secure job makes people jealous because we can get it while they can't. But it could also be that success is associated with gaining abundant wealth because if there is a person who previously had nothing but thanks to his hard work, that person now has a lot of money. That person has had success until he can earn a lot of money.

But are we paying off debt using gambling? It's difficult because instead of making money, we will experience more losses, increasing the amount of money we lose. If we want to pay debts while we don't have money, we should look for a job that can make money to get a salary from that job.

If those that have the plan to pay their debts with gambling, actually took the time to think about what they are doing and made a small research about it, they will realize very soon that their chances of success are not very good.

But even this is beyond most people, since they are not really interested in finding out the actual chances of their plan succeeding, what they want is of their hope of doing so to keep going, even if they should know better and they could have realized already that no matter what they do, paying their debts in this way is not going to happen.

That's right, being rich definitely means having a lot of money, but being successful cannot always be linked to money, there are also many people who are successful because they successfully graduated from higher education and so on.  anyway, we must avoid stories like this ^{(pay off debts by gambling)}, it is impossible for us to be able to pay the debt that we currently have to pay by gambling, things related to psychology certainly have a big influence on this.  

debt is an obligation that must be fulfilled every month until it is paid off. we have been given a deadline so take advantage of it.  don't think that gambling will be the only answer to paying off debt.