Topic: People keep asking me to borrow money, some of them for betting - page 6. (Read 1870 times)

Sometimes people who borrow money must be honest, that is, if it is to play in a Casino then they Must say so , because if so it means that that person must be responsible and have the ability to pay, because if they deceive the lender and if the lender gives them the loan then they still have to be paid, if the person ends up paying poorly, whatever the reason, then other Repercussions come , whether to their reputation and things like that, in the very common case in Colombia there is a model Called drop by drop, and it has to be paid every day , and if Someone defaults it's simple , some thugs go to beat them up and if they are late for many Days they end up Killing the person, that's how it is there.

Luckily, my relatives aren't borrowing money from me for unknown reasons (maybe they don't need to ), and if there's somebody in the future that will borrow money from me, my decision will depend on the amount, and our current state because what if we have the money, but we need it to buy important things. So far, all of the people that borrowed money from me have paid already, but all of them aren't my relatives, but my friends.

Female friends? I don't know why you see your male and female friends differently. I mean whether it's a male or female, your decision should be the same, right? Now with regards to your experience with your friends, it's good that you are asking them as to why they're borrowing. I guess it would be better to give them just small amount at first and look if they have the capability to pay that loan or not.

Anyway, I'm not gambling that much, but borrowing money for the sake of gambling is already a no-no for me, and I think if there's somebody around me that will borrow money just for him/her to use for gambling, I might refuse and will not let him/her borrow money from me.

Again, borrowing or lending money to a gambler for gambling purpose is same thing as you gambling by yourself because the chances of the gambler paying back is equally 50/50, since the refund is absolutely dependent on the outcome of the bet, and we know that winning a bet isn't something that someone just decides to do and it goes as planned since gambling can also be very unpredictable.

It's really not advisable to lend a gambler money, especially when you know he wants to use it for gambling, whether closed friend, family or not, just as you've rightly said, except you're sure he's using the money for something a lot more relevant and the lending needs to be contractual if you ask me, there should be a collateral involved in the transaction, just incase the fellow decides to breech the contract.

Yes, I've felt that way if my relatives or friends wanted to borrow money from me when they really needed it. I think this depends on the situation. If they borrow to gamble, it's clear that I will refuse, it doesn't mean I don't have money. But gamble with money borrowing is a wrong act and what is on my mind is what if he loses and can't return my money? Of course, it's my own loss because I lent it for gambling, but if the situation was different, they needed it for daily living expenses or to treat their sick child, of course I would help them by lending them money.

Sometimes feeling uncomfortable makes us feel confused about taking steps. People sometimes like to borrow money because it has become their habit and if they feel they have been lent once they will repeatedly borrow money because they know we will feel bad if we refuse to lend them money. What is feared by most people who have a good heart is that sometimes they can be exploited by the people around them to feel that we have everything even though we ourselves need to work hard to earn every bit of money we collect.

It does sound very annoying when someone who has not interacted with us for a long time then comes to see us just to borrow money, it is really annoying and I feel like getting angry at him but maybe we can only keep quiet and think about how to politely refuse so as not to cause an argument.
In our environment, we must have heard or even experienced it because I think it is common in society, but what is certain is that we should not just believe in lending money to other people, it is better not to do it in order to avoid problems such as arguments.

The word borrow pissed me off mostly when it has to do with the term gambling, there is no doubt as you said are facts, it's better you dash a friend money for another thing like health, or settlement of some family issue if the friend is a closed one that need help than given it to gambler with the term borrow, there are certain things one don't need to involve on and borrowing a gambler is one of them mostly a closed friend it can breached the relationship as the possibility to pay back is not there the risk involved in gambling is beyond 90 percentage to take such risk it shows unwise, one should be able to pulse when he have no money , you should advice only it's better for the friend to have small Fran face for not borrowing than borrowed him and refusal to pay back will course damage of relationship.

Actually, there is no need to give loans to those who use borrowed money to gamble. In my opinion, those who want to gamble with borrowed money usually fall into the category of gambling addiction. Every person who is addicted to gambling will usually look for ways to finance their gambling even if they have to borrow money from other people. or friends, that's why I never lend money to my friends, let alone use it for gambling, I'm sure he won't pay it because the money will definitely run out and he will go bankrupt.

Normal gamblers will not borrow money from other people, let alone friends, to gamble, usually they will work to earn their own money to finance their gambling, but if someone dares to borrow money to gamble, they are definitely addicted to gambling and are unemployed, let alone working to earn money. money, I think it's impossible for someone to work and then borrow money to gamble, they must be unemployed so they do that because they don't work and don't have money anymore so they borrow money, it's an easy thing to guess if someone is addicted to gambling or not, The point is, never lend money to gambling addicts.

I don't know why, one of the signs of people who haven't contacted each other for a long time and then contact each other with sweet words first and very gentle pleasantries, then that will end up borrowing money. Often it's like that, it's like that's the format. That's why, sometimes we have to be more strict with ourselves, so we can sort out which people really need it and which people don't. Because, once we lend them money, they will do it again and again for various reasons. And what's worse, rarely do they have the intention to pay off debts. This is a personal experience. Hopefully that only happens to me.

This is a great joke, but unfortunately, this happens often. If they do that, don't expect them to return the money. Because we really understand the risks of people like that, usually they are already addicted to gambling, so they want money from wherever they are. And it's just that, when they win, they will use that money to gamble again and again. As long as we just keep quiet, it's rare for them to realize and return the loan to us. That's why it's better to refuse him politely, and if you really know it's for gambling, try to talk a little and tell him what he's doing. but this will indeed be very difficult. Just like advising someone who is in love, advising someone who is addicted to gambling is just as difficult.

Sometimes your close friend or relative may ask you for a loan and not tell you the purpose of why he needs a loan or maybe he speaks false that he needs a loan for a non-gambling cause. This is particularly true if they know that you are an anti-gambler person, so to get a loan from you, they will make non-gambling-related excuses.


Don't you think that it is the headache of the person who took the loan to return the loan. He plays gamble, loses or wins, this has nothing to do with the loan money to be returned. There is no such agreement that if he loses in gambling, he will not return the money. He has to return it in any case.
Also this is no excuse that he loses money so he can't pay it back, this is against the moral values and i think it is better not to make friends with those who have this mentality.

Lending money to any one is a matter of choice, gender shouldn't be a determining factor who should be lend or no provided the person has got the ability to pay back when required of them but the problem has always been in the fact that some persons really do find it difficult paying up a loan they had taken in the times of needs and that will make the lender not wanting to lend money to the borrower in the case of next time and that's why its good sometimes to give out loans on collateral so that you get to be able to make sure you are not going to lose all of your money in the days where the borrower is unable to make payments.

Lending funds to gamblers is actually a very risky thing to do because the chances that they are going to pay back is very much dependent on them been able to win which highly luck based so if they fail to win their game it turns out it will take much longer than expected for them to be able to payback that which they did borrowed for the purpose of gambling of which i most case they end up not been able to pay because some don't even get to win even after a long wait for them to see if they will be able to eventually win or get the money elsewhere to pay back, so if you want to lend a gambler some funds, make sure they are working so they will be able to pay back from their pay at work should incase they loose the money to the casino.

I totally agree with you and also I won't borrow money to any gambler be it my friend or loved ones, I can't borrow them, even if I have enough money except I give them the money freely without expecting them to pay back, so that even if they lose the money or not, it's no longer my business and I won't take any blame in it. And also losing money for gambling is really something else, which makes some gamblers to go insane, depression etc.

So the only way we can help them is by providing them support and also letting them know the implications of gambling addiction, if they don't gamble responsibly, that way can really be of help to them.

If you are someone whose life is closely connected to the people around you, or you are someone who often socializes, it would be very natural if there were requests for loans. This is very common in our lives in society, especially in family and friendship. Moreover, based on your story, it seems that you have healthy finances so that several people or your friends try to borrow from you. On the other hand, maybe you can do the same thing if your condition and situation is experiencing a financial crisis. The problem is, everyone who tries to borrow has different needs. It doesn't have to be because they are gamblers, who just want to channel their gambling passion. Not infrequently, we are trusted to help someone, especially a relative, who is experiencing financial difficulties. No need to ask the reason, I'm sure you and I already know people who are trying to get loans from us. If someone is a gambler, just based on their gestures we can guess it. or, the speech of someone who wants to gamble or borrow to gamble can be seen from their language speech. usually, they will promise to return you on time plus add to it with a reward. BTW, this is normal behavior based on the environment I live in. but I prefer to talk like it is, some of my friends tried to borrow just a few dollars just to bet. if I had more money, I would just give it a few dollars anyway. The problem is different if they try to borrow in large nominal multiples, especially for gambling. automatically, I will not give a penny. usually, they have experienced a big loss and want to try to recover the loss through a loan. I don't hesitate if someone borrows money, especially if it's for a very urgent need. because, I also often experience phases where my financial condition is critical. but for gambling, I would happily not give it above an irrational multiple. As you said, instead of getting money back, we will experience problems between friends, family and even relationships.

I've lent money to a co-worker before because I knew they would be stuck seeing me every day and wouldn't be able to avoid paying me back. It was two or three times, but I always got my money back as soon as we were paid. I wouldn't have done it under any other circumstances, and I'm not going to do it again unless it's someone I'm extremely close to and trust completely, but even in such cases, you might be mistaken. You're lucky you got your money back. Lending money is about convenience for someone in need, not making money yourself. The issue is that there are a few douchebags that take advantage of your trust and never proceed to return the money.

And why does it make a difference if it's a male or a female asking you? The issue is that they're manipulating you into feeling guilty and talking their way into lending them money, which a decent human being would understand.

Don't feel bad for saying no; it's reasonable to feel this way, especially if it's for gambling purposes, where someone's addicted and is trying to get his gambling dose.

So erase out the confusion of any people been asked a favor like that maybe its best for them to decide to eliminate the chance of people to lend them some money just to finance their gambling addiction. Since if we let them do that then for sure that there would be a huge chance that those borrower cannot pay us and there's a relationship will get destroy. I see a lot of scenario like this happen and we should avoid to experience this.

We just need to make them understand the situation or just lie to them that you don't have any money so there would be no further discussion will happen. Borrowing is good if this is used for emergency situation or maybe as you said for business matter. But other outside on that scope and put it on risky situation then I guess we should cut it off so that we would leave some statements that we are not fine with borrowing money for gambling activities.

I also find it very difficult to trust people in lending money, especially to someone who we already know that he is very difficult to pay the borrowed money, it will be a traumatic thing that I will not repeat again, you probably know the saddest thing in situations like this we have money like a beggar to those who borrow money to return.

This is quite upsetting indeed, especially when a person we have never interacted with for a long time then comes to see us and asks us for a loan, even though our relationship was not that close before but with the circumstances a bad person will come on purpose with no shame, I think why didn't he just borrow from the bank, it was much easier for him to ask for a loan, do you often give loans to others who you may not have a close relationship with before, and you know that he is a bad gambler?

Life is all about risk but in this situation it's not a risk but a disaster because I will not borrow money for gambling or borrow anyone, we all know for every success there is risk behind it, all business people we know today take higer risk than anyone else but they did it with reason and hardly it failed and even though they face any lost it doesn't consume all the money, at least some of the percentages of the money will remain but for gambling if eventual they win it a plus for them but if they lose nothing return and they will be left with nothing and that is how their life will be frustrating because the bank or the person will come for their money.

I am saying this is what loan sharks do for their life and that's how they make huge money by giving less money and confiscating something valuable from the borrower when they can't able to repay it back but it takes a certain lifestyle to accept such money which I don't accept and also if I am giving money to someone then I just consider it as charity not really as loan because I am sure 99% of the time I am never going to get any penny out of it.

In the social environment, borrowing and lending money will definitely exist, even I have also experienced it, namely other people coming to me to borrow money. But I personally am the type who does not easily trust others, especially when it comes to finances.

Yes, your opinion is right, maybe OP in the eyes of his friends is a person who is smart in the crypto world so they think that OP has a lot of money from his current profits. And his friends already know that the current crypto price is arguably high and they are sure and believe that OP can help him by borrowing money when they need it so that many people come to OP just to borrow money.

It is obvious that most of us know the rules and consequences of gambling we wouldn't try to lend money out to someone who wants to use it for gambling. What annoys me the most is that some people come to borrow money thereby hiding the purpose of taking the loan. Yeah, in most cases it's not compulsory to share the purpose of the loan to anyone but you can identify which sector whether health, education etc. I still think it does not make sense for anyone to borrow loan for gambling purposes, the loan should be denied because there are probabilities that the loan may not be repaid back.

That's true, with those who borrow money for gambling of course they will not tell the truth if the money they borrow will be used for gambling because if they say that of course it will not be approved and of course the request will be rejected. because even if they succeed in borrowing money to gamble, I don't think it's only the borrower who will have difficulty returning the money, but also the party who lent it, I think they will have difficulty getting the money back, because with those who have dared to borrow money to gamble, I think They think they are addicted and with that addiction maybe they won't care about anything other than gambling which must be able to produce wins.
It's not surprising that people who borrow money postpone their debt, especially if they are addicted to gambling. Even though they have some money, the chances are that what they will do is gamble again, not by paying and paying off the debt, and what you say is true, as a result this action will only make things worse. So it is not recommended to force yourself to continue gambling, one of which is by borrowing money to gamble.