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Topic: People keep asking me to borrow money, some of them for betting - page 11. (Read 1859 times)

full member
Activity: 868
Merit: 202
if you feel uncomfortable that they want to borrow money from you just to gamble, then you should be able to avoid them and say that you don't have the money to lend. because it is your right to want to lend money or not, they have no right to protest or object to your decision, it is your money. honestly, lending money to gamblers is the same as donating to them because you will find it difficult to ask for your money back, unless they provide collateral for goods to you, that's not a problem, but you have to make sure that the goods really belong to them and are not stolen goods.
hero member
Activity: 714
Merit: 1298

And when they are female friends, do you lend them?

Why not?

If my female friends are  pleased with gambling  why  deprive them  of this joy.

One day I had met one of my girl friend in her deepest humiliation after she lost her money in casino. I lend her a bit, she won and was incredibly thankful to me.

I don’t care what they spend money on - gambling  or yet another gewgaw. Money is nothing - the friendship has a value.

hero member
Activity: 966
Merit: 620
 Well, what's the point of borrowing you money when I know I won't get it back in time? If it's an amount I can part with, I can give you for the first time but if it becomes a repeated issue, you aren't getting a dime from me. I mean, it's not like you are using it to invest in something worthwhile and neither did you keep any funds with me for safekeeping, so why should I oblige you?
 Most times people tend to test you when it comes to money matters to see how they can soil your name if you don't dance to their tunes but frankly I don't give two shits. If you give too much, you become someone's bank, if you don't, you are regarded as stingy and frugal. At the end of the day you have to do what pleases you since can't please everyone.
hero member
Activity: 1666
Merit: 513
Leading Crypto Sports Betting & Casino Platform
It has become increasingly common for friends and not-so-close "friends" to come and ask me to borrow money. I don't usually ask for the purpose, but some ask me because of betting at online houses.

The last time I lent money to a colleague, who I hadn't had much contact with other than at work for a short period, it was with great difficulty that I got the money back.

I don't know where people get the amount of money they think I have, they must think I look like a bank...

Who likes having to borrow money? Unless you are a loan shark and lend with collateral where the risk is almost zero, why lend money where you end up with a loss? 'cause in addition to no one paying you with interest, most never pay you on time, at least you will get your money back after repeated charges.

Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!

And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?
Yes I've lend money to relatives and friends on different occasions. But asking me Money for you to use and bet sounds weird to me, as I see betting as something you should keep to yourself as it's your personal business. If you've been lending money to friends and relatives and it becomes habitual for them to constantly ask you for it, then you need to re-trace your step and point straight to them that you're not a loan office where they will be coming every now and then asking for money, in our local parlance they said that "the mouth somebody uses to borrow money is always different from the mouth he will use to pay back". because paying back money for some persons always becomes difficult, so instead of telling them outrightly that you don't have the money to borrow them, just give them a percentage of the money they are asking for that you know you can do away with if they don't payback. Ordinarily i like helping people in need, as that has been part of me, but when is at my own expense, i will have to put a stop to it.
If you have money, there is no problem in lending. Moreover, many people also try to help others by lending money. But there are some people who are not interested in paying back the borrowed money. They break the promises they made while borrowing money. At some point, if this continues, a person can no longer show interest in helping others. I like to lend to those who really need it. But be careful when lending money to gamblers because gamblers can't always keep their commitments. I loaned a large amount of money to some gamblers who told me they would pay me back within a week but in about 1 year I got 35 percent of that money. Since then I don't like to lend and it also deteriorates the relationship. But we do our best to help others who are in real needy.
hero member
Activity: 3164
Merit: 675
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Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!

And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.
If you accept lending money to people, then they will realize that you are someone who is willing to give money to others, and they will keep asking for money. And considering you already did this, the only way to do it would be just saying that you have none left, if you say you no longer borrow money then they will think that you have the money but not lending it so they will keep bothering you, but if you keep saying you are in big debt and can't even spare 5 dollars you have none left, then they will stop asking for it.

However, we should realize that in smaller bills, like if they ask for small amounts, just say you do not have any cash with you, it would be quite possible that one may not carry 2-5-10 dollars with them anymore.
sr. member
Activity: 770
Merit: 445
It has become increasingly common for friends and not-so-close "friends" to come and ask me to borrow money. I don't usually ask for the purpose, but some ask me because of betting at online houses.
If anyone asks me to borrow them money and I suspect they are going to be using the money for gambling, then I will be rejecting the offer instantly. How will you take a loan to gamble? It doesn’t really make any sense. We all know gambling is all about luck, sometimes you will be sure you are going to win a particular bet, but after placing your bet, things might go wrong. So if you end up losing the money you borrowed from gambling, how are you going to pay back the loan?

The last time I lent money to a colleague, who I hadn't had much contact with other than at work for a short period, it was with great difficulty that I got the money back.
The only time I do give out loans to people is when I know the person is requesting a loan from me for an emergency purpose. The problem is that it’s always easy to request a loan, but where there is always a problem is that whenever you want to pay back the loan, most people find it difficult to do so.

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?
Sure, I do lend my family members and my friends money, but only when I know that what they really need the money for is really worth it. You can’t come to me to request for money to gamble, I won’t even respond to the person, no matter how close we are.

And when they are female friends, do you lend them?
Yes, if I know I will be getting my money back, then it’s normal.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I get sad when I see people complaining that they don't like giving loans to friends or acquaintances in the real world because these people take the loan to get involved in gambling, because I get sad with this type of behavior from the person who has the money and complaining that you can't lend it? The answer is very simple: I'm sad because these people who are borrowing money, they are borrowing the money so they can later pay it back, that's why the person who has the money to lend shouldn't be judging or criticizing what other people owe. or not do with the money they borrowed

I think that if a person doesn't like giving loans, then they should be honest and sincere and say that they don't have money to lend. It's better to give a loan and then complain and especially criticize the people who took the loan to play, a good friend is someone who knows how to help without complaining or judging. If your friend is taking out a loan to get involved in gambling, then you need to sit down with him and talk to him in such a way that you can make him understand the danger of taking out a loan for gambling.
hero member
Activity: 2996
Merit: 609
When you are lending out money to friends, it is not necessarily a loan but more of a gift. So keep that in mind if you ever wish to become a loan shark. If yes, you need to stop gifting others and be strict when it comes to your money.

Most gamblers have the habit of acquiring money in order to gamble on it. Just like a drug or alcohol addict who will attempt to do the same to fund their addiction. Unless you follow up your strict "No" they will continue to nibble at you.

Gender does not matter, an addict in a addict, the first step to stopping them is denying them the money.

However, you have to keep yourself mentally stable, lending your money to friends is a high risk thing, especially if your friend is a gambling addict, the percentage of your money being returned is only around 1%, just stay away from people like this, don't dig your grave because you feel bad about your friendship with them, stay away and live in peace.
Tons of relationships that has been destroyed by gambling or specially into those moments on which someone hasnt been able to paid up some loan whether those amounts been used on gambling or not. When it comes to money then it cant really be that be shocking that those people who are really that tending to make some borrowing then they are the ones who do really that not be able to pay up those borrowed amounts specially at the moment or condition that you are already addicted with gambling then you cant really think up other things.

This is why at the moment your friend is really that tending to ask some money and you do know that he's really that involved into gambling then it would really be better that you should really be
that refusing on that kind of request. We do know that once that money is really that in main talks then people do really changed up instantly.
hero member
Activity: 1176
Merit: 543
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Hey, what a coincidence
Just yesterday I read an interesting article where the head of a company mentioned the increase in the number of salary advances and found out that it was for the employees to gamble  Cheesy
He even shared a video

Here's the link of the article, but it's in Portuguese, I didn't find any article in English because it happened in Brazil: LINK HERE


In as much as we can't stop people from borrowing money or gambling the best thing we  can do is to leave them alone. We'll have our own choices  to make and whatever result we get should be okay for us. Gambling for more is the major reasons why we shall keep seeing more people gambling.

We can not stop so all we have to do is to embrace it and try to caution people about the risk of gambling too much. Everyone wants to make extra money in gambling and we have to be prepared for it taking the right risk and using affordable fund we are ready to lose with complains if we finally lost the fund.
sr. member
Activity: 700
Merit: 270
It has become increasingly common for friends and not-so-close "friends" to come and ask me to borrow money. I don't usually ask for the purpose, but some ask me because of betting at online houses.

The last time I lent money to a colleague, who I hadn't had much contact with other than at work for a short period, it was with great difficulty that I got the money back.

I don't know where people get the amount of money they think I have, they must think I look like a bank...

Who likes having to borrow money? Unless you are a loan shark and lend with collateral where the risk is almost zero, why lend money where you end up with a loss? 'cause in addition to no one paying you with interest, most never pay you on time, at least you will get your money back after repeated charges.

Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!

And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?
Yes I've lend money to relatives and friends on different occasions. But asking me Money for you to use and bet sounds weird to me, as I see betting as something you should keep to yourself as it's your personal business. If you've been lending money to friends and relatives and it becomes habitual for them to constantly ask you for it, then you need to re-trace your step and point straight to them that you're not a loan office where they will be coming every now and then asking for money, in our local parlance they said that "the mouth somebody uses to borrow money is always different from the mouth he will use to pay back". because paying back money for some persons always becomes difficult, so instead of telling them outrightly that you don't have the money to borrow them, just give them a percentage of the money they are asking for that you know you can do away with if they don't payback. Ordinarily i like helping people in need, as that has been part of me, but when is at my own expense, i will have to put a stop to it.
sr. member
Activity: 2338
Merit: 365
When you are lending out money to friends, it is not necessarily a loan but more of a gift. So keep that in mind if you ever wish to become a loan shark. If yes, you need to stop gifting others and be strict when it comes to your money.

Most gamblers have the habit of acquiring money in order to gamble on it. Just like a drug or alcohol addict who will attempt to do the same to fund their addiction. Unless you follow up your strict "No" they will continue to nibble at you.

Gender does not matter, an addict in a addict, the first step to stopping them is denying them the money.

However, you have to keep yourself mentally stable, lending your money to friends is a high risk thing, especially if your friend is a gambling addict, the percentage of your money being returned is only around 1%, just stay away from people like this, don't dig your grave because you feel bad about your friendship with them, stay away and live in peace.
legendary
Activity: 2282
Merit: 3014
I don't let anyone borrow money, especially if it's for gambling purposes.  It reminds me of a time when my x-gf  asked me if she should loan her cousin money.  I asked her what her cousin was like and why he needed the money.  She told me he was pretty "famous" for not paying his debts and that he often used money to gamble, but that for this time it was "different".  I pleaded with her not to.  Long story short her dad loan him the money, and months later he was months late on his debt, not sure he ever got it back.  Dont loan money to people is my motto.
sr. member
Activity: 1736
Merit: 306
It has become increasingly common for friends and not-so-close "friends" to come and ask me to borrow money. I don't usually ask for the purpose, but some ask me because of betting at online houses.

The last time I lent money to a colleague, who I hadn't had much contact with other than at work for a short period, it was with great difficulty that I got the money back.

I don't know where people get the amount of money they think I have, they must think I look like a bank...

Who likes having to borrow money? Unless you are a loan shark and lend with collateral where the risk is almost zero, why lend money where you end up with a loss? 'cause in addition to no one paying you with interest, most never pay you on time, at least you will get your money back after repeated charges.

Some people even go so far as to ask me to borrow money for what? to bet!! What a joke. I answer briefly and bluntly that I don't have the money to lend for these purposes!

And the worst thing is that they ask me for small amounts, like $2, 5, 10$... I think that if the person doesn't have that money now, the chances of them getting that money to pay you are low. If the person is in need, it's easier for them to confess right away to see what I can do, because I'm not a bad person.

Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?


On a norms instead of borrowing or lending families and friends I prefer giving the money to them but nevertheless any one of this category that come to me to lend some amount of money I won't do it cause my first  question would be what the person intend to do with the borrowed money,but luckily for some if they hide the fact that the money was for something else I give it to them but if it's for gambling I give nonear to that.

I said it in a thread like that when a friend visited me and asked for an assistant little did I know it was for gambling,it got me so annoyed,so I frown against lending money to anyone that use the money borrowed for something like this.
sr. member
Activity: 1736
Merit: 357
Peace be with you!
If someone ask me for money and I can verify it is for gambling, I will humbly refuse because I know I will not be helping such fellow. Imagine the trauma of borrowing money and losing it all to gambling only to be in debt, that is compounded pain for him so I will not want to share in the blame. It is nearly impossible to win gamble with borrowed funds because the moment you realise the money is not yours, your psychology is already messed up. The best approach is always to gamble with personal money and such amount that one can afford to lose. Even gambling company advise their customers to gamble responsibly.
Same here.it is not worth the help we lend to them as we all know that gambling has nothing good to being except for loses. Borrowed money is much more risky than using your hard earned money so yeah I will surely refuse if someone will borrow money for gambling purposes because I do not tolerate that kind of thing.
legendary
Activity: 3010
Merit: 1280
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Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

I have a soft spot to people who are needing help and asking me to lend them money for an important stuff so I always lend them whenever I have money in me.  I will reject them if their reason is gambling though.

And when they are female friends, do you lend them?

I do not discriminate against any gender whether they are female or male, as long as I have the funds to help them, I do not hesitate in extending my hand.

People who borrowed money will not say they will use it for gambling.  They surely come with a good reason (to the point of lying) so that a person will have difficulty rejecting their request
hero member
Activity: 1120
Merit: 540
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Hey, what a coincidence
Just yesterday I read an interesting article where the head of a company mentioned the increase in the number of salary advances and found out that it was for the employees to gamble  Cheesy
He even shared a video

Here's the link of the article, but it's in Portuguese, I didn't find any article in English because it happened in Brazil: LINK HERE
For employees of this or any other company who practice this, this can really be considered an illness and should seek treatment. If it were to pay a debt or 'cause it really need it, the advance would be valid. Unfortunately, not everyone is in good financial health, but some of these people don't borrow money that they cannot pay back later.


I had this same experience with friends, workmates, and relatives. They borrow these small amounts on different occasions and tend to 'forget' that they borrowed something. They even go so far as to gaslighting me stating that I should just let it go since it's just a small amount that won't hurt the bank. I let it pass sometimes, but seeing that these same people post their wins from the casino or sometimes even live stream how they play is just really something that icks me.

Since then, I avoided lending money to everyone including my relatives. My line of reasoning is you wouldn't get into that situation if you had sorted your finances. I understand that there are people out there who are really borrowing because they genuinely need it, but my experience on these people who just gambled what they borrowed and forgot what they owed pushed me to become heartless when it comes to such situations.

It's best to not show wealth to everyone and keep a low profile in order to not get bugged by these people borrowing money. I'm better off looking like a broke man in their eyes rather than someone who has the money that they can constantly ask to borrow from when they don't have anything in their pockets.
When a person rarely borrows, it doesn't bother me so much, as we can simply not lend, but I know people who ask me directly, even though I say I can't lend, this is clearly a sign of unpreparedness and poor financial management, these people should look for It helps to learn about personal finance, but here people are indoctrinated into spending more than they earn, unfortunately.
member
Activity: 224
Merit: 42
Be it Male or Female, I cannot borrow you money for the purpose of gambling. That will be very dumb of me, and a very stupid ideology from both parties. 
Giving is subjective, you can borrow money to a liability which you ain't sure if you are getting your money back within the stipulated time because the money is not put to use creatively.
You do not have to go against your own will just to please some else wether family, friends, co-worker,etc.
hero member
Activity: 2926
Merit: 567
You should not tolerate people asking you to lend them if it is for betting because it is a game of chance and there's a possibility that they cannot pay you on time.

I once lent to a guy and I did not know that he was going to use to gamble his promise was to pay me within a week but it took him three months and he paid me after he won, so if you are going to lend a gambler you will need to wait for him to win big money before he will pay you.

And besides you are supporting his addiction if you are giving a loan to a gambler.
sr. member
Activity: 364
Merit: 195
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Do you usually lend money to relatives, friends, etc.? Have you ever felt bad about it, done it unwillingly?

And when they are female friends, do you lend them?
I lent money but it was to my friends relatives and people around my house. But I am a real example of how hard it is to lend my money and get that money back. I have to lend money and ask them for money in such a way that it seems like I am begging them like a beggar. But I never lent money to anyone to gamble, I lent money to people who were in danger. However, if people lend money in case of danger, people forget it and cannot pay it on time, due to which later they don't want to lend money to people on their own. I have loaned money to some of my female friends but same experience they also refused to give me that money. There are some girl friends who have not been able to repay some of the borrowed money till now.
sr. member
Activity: 504
Merit: 254
OP bringing this topic up to this gambling board I don't know if your intention is to state that the risk of borrowing people money with the possibilities of being paid back is as risk of gambling!

If YES then I think you are only trying to help them since you don't impose interest agreements on them at the returns of the borrowed funds and I would ask you to stop borrowing them if they don't have the remorse to payback at when due without you putting pressures on them.
They are just being ungrateful.

I would rather prefer to  willingly ask you to go with such little amount you are asking me to borrow you. Although it depends how much it is and my network.
And if finds out that they are being fond of it then it is assumed they are indirectly taking advantage of me then I will stop it totally.

Infact, I would rather decide to gamble with such little afford amount of money to gamble in the casino where there is a potential of yielding more money even though it is a game of luck. it is better spent that way than acting like a fool to them usually coming to borrow and no paying back and not interest to be profited after I struggles to get back my money.
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