Pay off DEBT by do Gambling? think again before you loss more - page 7.

Weawant

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Quote from: Accardo on February 04, 2024, 04:16:15 PM

His mistake is panic gambling. A gambler is not supposed to rush into staking money, without having a backup. Spending all his funds at a go is not proper, he's meant to reconsider his chances of winning. I've read of men who did spend their last card and were able to double it through gambling. But it's not same for everybody. Since we all have unique strategies of gambling, it wouldn't be nice to hope on gambling to solve our financial trouble. The gambler may end up causing himself more harm than good, as his results could be unsuccessful. That doesn't mean the guy in the picture wasn't responsible at some point, he only faced a real-life challenge which landed him into a bigger trouble. So, even if one is a responsible gambler, he could find himself in a state of mind where he wouldn't be able to control his choices and decisions anymore. Thereby leading him to a very hard life condition.

Sometimes gambling isn't just about trying to win but successfully gambling and yet staying responsible enough regardless of the outcome of the results the game on which you did gambled, some persons want to solve their financial problems with gambling and yet they lack a good strategy with which they gamble and that Alone is wrong as a good gambler.

There are strategy that worked for others but may not work for another because we all have our presence and we don't have the same kind mindset or approach towards how we want to achieve that which we aim to achieve gambling. Some persons get lucky staking their last money and it turns out to be multiplied and help them solve some of their financial issues but the others may try same and still lose everything, if you don't get that Lucky often then it will be better you just don't spend your last cash gambling, wait until you have got enough to spare then give it a trial.

maydna

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Quote from: invo on February 05, 2024, 05:27:23 AM

Quote from: maydna on February 04, 2024, 10:53:36 AM

~snip~

That's why I stated that it's impossible. You can't always rely on luck, especially in situations like gambling. Sometimes people may feel lucky, but they don't know the result until it happens. They may end up losing all their money trying to pay their debts before they realize that they are not lucky enough to make money by gambling.

Most of them will feel lucky because they can win some money, but they don't realize that they can't have that luck in the next round and that they should stop gambling immediately. They need to stop immediately before they end up losing all their money and being unable to pay their debts. Especially if they decide to continue gambling after winning but instead experience a loss that costs them all their money. It will make them frustrated and regretful because they had the opportunity to stop gambling but didn't take it immediately. It was a fatal mistake, but everything had happened, and they couldn't get any more wins, and they couldn't even continue gambling because all their money had run out.

Outhue

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Sound like a curse, the moment you start gambling to pay back your debt you have opened a door to a forever debt paying because the problem after will be you vs the gambling habit, you won't be able to quit, it's a different thing if you gamble because you have no other choice at that moment and you win, then you never look back.

I know someone who was forced to gamble, because he wanted to send her small sister to school, with no parents alive to help them, he turned into a gambler and to my surprise he was lucky, he use gambling money to start a business in Lagos Nigeria and to my surprise he still keeps gambling till today.

When I asked him how he is doing it without losing everything back he said he know how risky gambling is, and for him to avoid losing it all, he stick with a certain amount, I like calling him a genius, because he maintained his belief in gambling very well, no greed and he is a successful business guy now, if you and up paying your debt with gambling there is a big chance that you will want to continue, and since getting lucky was what found you at first, you will easily become greedy.

Jody.Drummer

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Quote from: invo on February 05, 2024, 05:27:23 AM

Quote from: maydna on February 04, 2024, 10:53:36 AM

Quote from: invo on February 04, 2024, 06:21:21 AM

It's not impossible unless you are lucky. But the risk is too high, instead of having money to pay debts, if it is suddenly lost in gambling, it will be an additional problem for you to think about, That's a fact that anyone should think of. If the money you have is supposedly used to pay your debts, whatever happens, using it in gambling should not be done.

But it will be difficult for them to get that luck. We know that luck will not always come when gambling, but that doesn't stop them from chasing wins. But if they borrow money from other people, they will only make the problem bigger where they will also have difficulty paying off their debts, especially if they experience loss and lose all their money. We should gamble using our own money rather than borrowing money to avoid even bigger problems. But if the money you have is limited, you should not think about multiplying your money by gambling because that doesn't guarantee you can make money, especially since gambling is just for fun.

That's why I stated that it's impossible. You can't always rely on luck, especially in situations like gambling. Sometimes people may feel lucky, but they don't know the result until it happens. They may end up losing all their money trying to pay their debts before they realize that they are not lucky enough to make money by gambling.

Because luck always cannot be known when it comes and when it goes, so this is what sometimes deceives gamblers, such as when they are in a winning situation at that time they apply greed because they think that they can get a bigger win but in the end it turns out that the results at the end of the session are disappointing which makes them lose everything, one of the reasons is because luck is no longer on their side, or meaning it is gone. But gamblers do not understand this, in such a situation what happens is that they will get emotional because they do not accept the defeat which makes them vent their emotions by putting a much larger amount. Usually this kind of situation will mostly trap gamblers to finally enter the addiction phase, so I agree with you that don't make gambling a place or intermediary to pay debts, it's too absurd.

Dewi Aries

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Quote from: AmoreJaz on February 04, 2024, 04:06:30 PM

Quote from: Gozie51 on February 04, 2024, 03:40:39 PM

Quote from: the rise on February 04, 2024, 06:26:42 AM

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.

i guess, the OP's story is quite common in a lot of gamblers. betting their borrowed money for the hope that they will get more but instead, they will likely lose it all. this is gambling, and you are a very lucky person if you will go home as a winner. to avoid such tight scenario in your case, better pay your debt if you are just loaning some money. don't stake it to uncertainty like in gambling. you are just subjecting yourself to more debt or more trouble especially if you got the money from loan sharks implementing very high interest rate.

True, this is a common scenario that has been experienced or done by most gamblers especially those who are already in the addiction phase, they make loans like an alternative to fund their gambling activities or gamble with the aim of paying off debts, however this is a very wrong thought because as you said that what will happen is just the opposite, instead of getting a win but instead suffering more losses. There are so many facts and bad effects experienced by addicted gamblers that they lose more money and run out of all the valuables they have.

So the point is that if you want to win then you have to be really lucky, but on the other hand anyone will never know when he will be able to get lucky, so this is the reason why gambling should not be used as a place to earn especially with the aim of paying off debt, because this will clearly only create new problems where you will be more in debt and stuck in debt problems that make you feel tremendous pressure. Therefore, we must really straighten out our views on gambling, don't be too excessive in concluding something, look at it from various sides so that you can get the real facts about gambling.

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Quote from: borovichok on February 05, 2024, 05:53:34 AM

Quote from: Hatchy on February 04, 2024, 04:06:03 PM

It would be much more wiser to get something doing other than gambling that would be able to help you pay of your debts asap. Gambling with the little you have left might put you in even much dept because you may be left with nothing at all and start from the scratch raising the money.

Gambling is not a problem solver. When you have a problem or debt to pay you don`t have to rely on gambling because it will expand the problem and create a new one. For instance, if I have $1000 and I need $2000 to solve a problem. If I gamble with the $1000 I might lose it and when I do, I am no longer in need of $1000 but $2000 and the question now is, if it was difficult getting $1000 then it becomes more challenging getting $2000. Now, If I turn to getting a loan to solve the problem, I will have to pay more interest than I would if I had collected only $1000. That means creating more problems for myself.

Gambling should be done with money set aside after bills are settled and not using money meant for bills to gamble. This is irresponsibility. People should learn to be passive gamblers, approaching gamblers as something you engage in once in a while without paying much attention to the outcome. Let people get a job in which their income is certain and forget about gambling to help them tackle life challenges. Gambling will not help you tackle these challenges but make you vulnerable to more challenges

In my experience, treating technology as a problem solver makes things worse. The lesson is hard for some late. With money that is actually spare, I believe in gambling for enjoyment. It entertains, not solves money problems. Also, I support passive gambling. You enjoy the game without worrying about its consequences. My advice is to stop using critical funds. Keep gambling fun and avoid regret with responsible gambling.

Stressing that gambling is a hobby and that income comes from dependable sources is vital. Maintaining equilibrium and accepting that the chances are always against you is key. Please keep gambling entertaining and away from our life solutions.

borovichok

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Quote from: Hatchy on February 04, 2024, 04:06:03 PM

It would be much more wiser to get something doing other than gambling that would be able to help you pay of your debts asap. Gambling with the little you have left might put you in even much dept because you may be left with nothing at all and start from the scratch raising the money.

Gambling is not a problem solver. When you have a problem or debt to pay you don`t have to rely on gambling because it will expand the problem and create a new one. For instance, if I have $1000 and I need $2000 to solve a problem. If I gamble with the $1000 I might lose it and when I do, I am no longer in need of $1000 but $2000 and the question now is, if it was difficult getting $1000 then it becomes more challenging getting $2000. Now, If I turn to getting a loan to solve the problem, I will have to pay more interest than I would if I had collected only $1000. That means creating more problems for myself.

Gambling should be done with money set aside after bills are settled and not using money meant for bills to gamble. This is irresponsibility. People should learn to be passive gamblers, approaching gamblers as something you engage in once in a while without paying much attention to the outcome. Let people get a job in which their income is certain and forget about gambling to help them tackle life challenges. Gambling will not help you tackle these challenges but make you vulnerable to more challenges

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Quote from: maydna on February 04, 2024, 10:53:36 AM

Quote from: invo on February 04, 2024, 06:21:21 AM

It's not impossible unless you are lucky. But the risk is too high, instead of having money to pay debts, if it is suddenly lost in gambling, it will be an additional problem for you to think about, That's a fact that anyone should think of. If the money you have is supposedly used to pay your debts, whatever happens, using it in gambling should not be done.

But it will be difficult for them to get that luck. We know that luck will not always come when gambling, but that doesn't stop them from chasing wins. But if they borrow money from other people, they will only make the problem bigger where they will also have difficulty paying off their debts, especially if they experience loss and lose all their money. We should gamble using our own money rather than borrowing money to avoid even bigger problems. But if the money you have is limited, you should not think about multiplying your money by gambling because that doesn't guarantee you can make money, especially since gambling is just for fun.

That's why I stated that it's impossible. You can't always rely on luck, especially in situations like gambling. Sometimes people may feel lucky, but they don't know the result until it happens. They may end up losing all their money trying to pay their debts before they realize that they are not lucky enough to make money by gambling.

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Quote from: Accardo on February 05, 2024, 03:34:01 AM

Quote from: Westinhome on February 04, 2024, 04:30:12 PM

Quote from: bhadz on February 04, 2024, 04:19:59 PM

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

The gambler was in the big debt can use this option to cover all the debt using the gambling site. But their was a risk in this way of the gambling, because the money for the game will be the loan money again. The gambling was the two side coin, So the gambler also win and make free from the debts. They also added the loan if the again loss in the gambling site. In order to avoid of the second option, the gambler should learn the game. Because making the game profit is not easy one in the gambling site. The gambler don’t look for the entertainment or fun at this point. The full aim of the gambler is making huge profits in gambling site.

The society has lots of wrong view on gamblers, due to the behavior of other gamblers who can't control their gambling habit. One funny thing is that one gambler's behavior is used against every other gambler in the world. Because these people don't know much about gambling, they generalize the fact that gamblers can be careless with their money. A gambler who has decided to pay off his loans using his gambling wins, is not doing the right thing, he's actually not on the good gambling track. As such mistakes could lead to more troubles, if he ends up not winning the game. How would he generate money to settle for the previous debt he's owing and the money he just lost. Isn't it a thing of embarrassment for the person, if he's not financially conscious about his decisions.

By the way, what you've mentioned is true, that's why many other people thinks that gambling is not a good activity because of other irresponsible gamblers where they don't know the right way to handle their money and winnings. OP's statement is one example of a gambler who has a wrong mindset, that you will gamble to pay off debts which is not the right thing to do.
If you are thinking of another way even though you know that it is difficult to do, it is better that you do that first before you go to what you think, which is wrong and should not be done because you are only putting yourself more to a bigger problem.

Lida93

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Quote from: Accardo on February 04, 2024, 04:16:15 PM

His mistake is panic gambling. A gambler is not supposed to rush into staking money, without having a backup. Spending all his funds at a go is not proper, he's meant to reconsider his chances of winning. I've read of men who did spend their last card and were able to double it through gambling. But it's not same for everybody. Since we all have unique strategies of gambling, it wouldn't be nice to hope on gambling to solve our financial trouble. The gambler may end up causing himself more harm than good, as his results could be unsuccessful. That doesn't mean the guy in the picture wasn't responsible at some point, he only faced a real-life challenge which landed him into a bigger trouble. So, even if one is a responsible gambler, he could find himself in a state of mind where he wouldn't be able to control his choices and decisions anymore. Thereby leading him to a very hard life condition.

It's a very simple logic that gamble is not a reliable means to fall on to in resolving our immediate financial responsibility at hand, more often we have learned about the stories of people that got their problem compounded by using part of the money they had because it was not sufficient in solving or meeting the challenge they are facing but only to lose it all going back to zero default.

Sometimes these decisions are not motivated by addiction but mainly by the zeal for instant money making means of which gambling is fashioned to have such an outlook but in the end it's usually the opposite results that is being experienced by the victims. Maybe under such condition if only the individual could sit down to analyze the weight of the consequence that may befall him if he loses the part of the money he has in possession in solving his problem to losing it all, just maybe they will think of considering another better alternative than to gamble with the insufficient amount they have already.

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Quote from: Westinhome on February 04, 2024, 04:30:12 PM

Quote from: bhadz on February 04, 2024, 04:19:59 PM

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

The gambler was in the big debt can use this option to cover all the debt using the gambling site.

You have to gamble and if someone like you thinks that it can cover all of your debt, good luck to you doing that but I even doubt that you can do it.

Quote from: Westinhome on February 04, 2024, 04:30:12 PM

But their was a risk in this way of the gambling,because the money for the game will be the loan money again.

Not gonna be loaned again but it's going to lose.

Quote from: Westinhome on February 04, 2024, 04:30:12 PM

The gambling was the two side coin,So the gambler also win and make free from the debts.

You keep on telling freeing from debts, covering all debts from gambling as if that's it's easy to do.

Quote from: Westinhome on February 04, 2024, 04:30:12 PM

They also added the loan if the again loss in the gambling site.In order to avoid of the second option,the gambler should learn the game.Because making the game profit is not easy one in the gambling site.The gambler don’t look for the entertainment or fun at this point.The full aim of the gambler is making huge profits in gambling site.

Yeah, right..........a gambler that adds more loan to gamble again, a type of gambler that will never recover.

Accardo

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Quote from: Westinhome on February 04, 2024, 04:30:12 PM

Quote from: bhadz on February 04, 2024, 04:19:59 PM

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

The gambler was in the big debt can use this option to cover all the debt using the gambling site. But their was a risk in this way of the gambling, because the money for the game will be the loan money again. The gambling was the two side coin, So the gambler also win and make free from the debts. They also added the loan if the again loss in the gambling site. In order to avoid of the second option, the gambler should learn the game. Because making the game profit is not easy one in the gambling site. The gambler don’t look for the entertainment or fun at this point. The full aim of the gambler is making huge profits in gambling site.

The society has lots of wrong view on gamblers, due to the behavior of other gamblers who can't control their gambling habit. One funny thing is that one gambler's behavior is used against every other gambler in the world. Because these people don't know much about gambling, they generalize the fact that gamblers can be careless with their money. A gambler who has decided to pay off his loans using his gambling wins, is not doing the right thing, he's actually not on the good gambling track. As such mistakes could lead to more troubles, if he ends up not winning the game. How would he generate money to settle for the previous debt he's owing and the money he just lost. Isn't it a thing of embarrassment for the person, if he's not financially conscious about his decisions.

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Quote from: blockman on February 04, 2024, 04:44:37 PM

Quote from: traderethereum on February 03, 2024, 08:27:13 AM

That's because they see that borrowing money can be used to gamble and they also see that with the borrowed money, they can have a chance to win even though gambling will not be able to give them the victory they imagine.
It is a bad idea to borrow money to gamble because it can worsen the situation, especially if they lose all their money. They will not be able to pay their debts when someone collects them so they will probably stay away from it.
Yes, they should look for work to earn income. And from that income, you can use a little to gamble. This will help you avoid debt problems.

With that logic and point of view, someone who's seeing it with gambling is likely to get more in debt. That's sad but there's no improvement with that thinking and understanding if they see some resolution through gambling with their situations.

However, someone who frequently gambles should not see debt as providing a solution for them when they have no money. They should be able to restrain themselves from gambling when they don't have money.
They should just think about looking for a job to make money so they can allocate some money for their gambling activities. A person who is still in debt will run into problems sooner or later and when he realizes it, he really has difficulty solving the problem. Yes, it is sad but they should try to solve the problem by paying back their debts and never borrowing money again.

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Quote from: junder on February 03, 2024, 06:20:10 AM

Quote from: blockman on February 03, 2024, 05:28:38 AM

Before, I don't understand why people think that paying their debts through gambling is a choice. But now, I do understand that this is the reality of life that there are people that will always think of the odd idea on how make themselves debt free but instead, they're adding more pressure to themselves and will result to having more troubles to themselves. When you want to get out of debt, do it the traditional way by working and earning and paying it with your money.

In my opinion, there are people who think they can pay off their debts by relying on gambling, because there are reports that gambling can give them profitable wins and can also double their money, so this might cross their minds, so if they have a debt of $500 but that person has money. of $250 then he will use that $50 to gamble in the hope of getting a profitable win that will be enough for them to pay off the debt they have.

It's true what you said maybe this is a strange idea, because gambling doesn't guarantee that it will give them a win that can help them to pay off their debts, and with actions like this perhaps more clearly they will only have more pressure from their debts where the money is used for paying off the debt is instead used to gamble with the excuse of doubling up and as you said this will only add to the bigger problems they will get. I agree with you, if you really want to pay off debt you should do a job that makes money and with a mind that doesn't think about gambling you can double your money quickly.

It doesn't guarantee gain but the chance is there, so as for the other gamblers that think of it. It means that there's a chance for them to become profitable and with that, that's the reason they are leaning on for them to be able to pay their debts off. But the results as we know, it's going to be on and off but at most times, it will be off and disappointing results.

Quote from: traderethereum on February 03, 2024, 08:27:13 AM

That's because they see that borrowing money can be used to gamble and they also see that with the borrowed money, they can have a chance to win even though gambling will not be able to give them the victory they imagine.
It is a bad idea to borrow money to gamble because it can worsen the situation, especially if they lose all their money. They will not be able to pay their debts when someone collects them so they will probably stay away from it.
Yes, they should look for work to earn income. And from that income, you can use a little to gamble. This will help you avoid debt problems.

With that logic and point of view, someone who's seeing it with gambling is likely to get more in debt. That's sad but there's no improvement with that thinking and understanding if they see some resolution through gambling with their situations.

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Quote from: bhadz on February 04, 2024, 04:19:59 PM

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

The gambler was in the big debt can use this option to cover all the debt using the gambling site.But their was a risk in this way of the gambling,because the money for the game will be the loan money again.The gambling was the two side coin,So the gambler also win and make free from the debts.They also added the loan if the again loss in the gambling site.In order to avoid of the second option,the gambler should learn the game.Because making the game profit is not easy one in the gambling site.The gambler don’t look for the entertainment or fun at this point.The full aim of the gambler is making huge profits in gambling site.

bhadz

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It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

Accardo

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Quote from: Gozie51 on February 04, 2024, 03:40:39 PM

Quote from: the rise on February 04, 2024, 06:26:42 AM

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.

His mistake is panic gambling. A gambler is not supposed to rush into staking money, without having a backup. Spending all his funds at a go is not proper, he's meant to reconsider his chances of winning. I've read of men who did spend their last card and were able to double it through gambling. But it's not same for everybody. Since we all have unique strategies of gambling, it wouldn't be nice to hope on gambling to solve our financial trouble. The gambler may end up causing himself more harm than good, as his results could be unsuccessful. That doesn't mean the guy in the picture wasn't responsible at some point, he only faced a real-life challenge which landed him into a bigger trouble. So, even if one is a responsible gambler, he could find himself in a state of mind where he wouldn't be able to control his choices and decisions anymore. Thereby leading him to a very hard life condition.

Oilacris

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Quote from: Gozie51 on February 04, 2024, 03:40:39 PM

Quote from: the rise on February 04, 2024, 06:26:42 AM

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.

On the time that you are already that selling out your property or possessions just for you to gamble or trying out to chase those losses then its a solid indicative sign that you are already addicted to gambling. Once you do have this kind of problem then there's no way for it to be easy for you to get out not unless if you are really that serious on quitting then it could be possible but if not
then you would really be ending up on disaster. We've seen tons of lives had been devastated by gambling and dont wait up for those things to happen into your own life.
Be responsible and be wary on the actions you are making. Getting or taking up some loan just for you to have the chance on playing gambling then this is the start
where you would be making your life miserable with.

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Quote from: Gozie51 on February 04, 2024, 03:40:39 PM

Quote from: the rise on February 04, 2024, 06:26:42 AM

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.

i guess, the OP's story is quite common in a lot of gamblers. betting their borrowed money for the hope that they will get more but instead, they will likely lose it all. this is gambling, and you are a very lucky person if you will go home as a winner. to avoid such tight scenario in your case, better pay your debt if you are just loaning some money. don't stake it to uncertainty like in gambling. you are just subjecting yourself to more debt or more trouble especially if you got the money from loan sharks implementing very high interest rate.

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Quote from: kojektea on February 04, 2024, 03:09:07 PM

why do we focus too much on mistakes, just imagine if you were in the position of those who don't have any hope of paying the bills, what would you do to get money instantly, while you are a gambler of course you will think the same as him, we will find it difficult to know If we have never felt someone's condition, we just tell them that it is bad, just imagine if that happened to us

Nobody wishes to be in such shoes but if ever such is to Happen, gambling with what you have left should be your last taught not the first. It would be much more wiser to get something doing other than gambling that would be able to help you pay of your debts asap. Gambling with the little you have left might put you in even much dept because you may be left with nothing at all and start from the scratch raising the money.

Like I've always said, we shouldn't take gambling other than being a game as a means of earning. Doing this will only put you at risk of losing and not enjoying the fun in gambling since you are more worried about losing.

Topic: Pay off DEBT by do Gambling? think again before you loss more - page 7. (Read 1968 times)