Topic: Quit gambling and Invest in gambling. - page 4. (Read 1479 times)

You can try looking at Blackjack.fun. There is an investment section for gamblers who want to try it. You can visit the thread to ask further questions or go directly to the site and ask in the chatbox.

Or you can look at freebitco.in or betfury. On these two sites, you invest in FUN and BFG tokens. But at freebitco.in, you can save BTC and get returns. Apart from that, you can also take advantage of Free Roll for members. Even though it's small, it can increase your satoshi count.

But whatever it is, you have to use the amount of money you can afford. Don't expect to make huge profits in a short time. And finally, be careful with the money you use to invest.

That's right, people who are addicted to gambling will do anything, even if it's high risk for them, but it's because of their gambling addiction that drives them to commit crimes that can even involve the law in their country. And I've also heard the story you mentioned, where someone collected a debt from someone who owed him,  but the person (who owed the debt) threatened the person who collected the debt.  Of course the ones who are at fault are those who borrowed the money, they dare to borrow money to gamble because of the addictive desire to do so they take out loans to gamble again, and it is true to what you said, they will find it difficult to repay their debts, even when they have money, they will be more concerned with gambling because they think gambling can multiply money.

But with the losses they always get, they should realize that they have lost a lot of money because they always choose to double it by gambling. And what I fear is that they will commit crimes that will harm themselves and others who do not know anything. It's not funny to hear people who don't know anything but are influenced by someone who is addicted to gambling.  They should be aware of the harmful effects of gambling addiction that will bring big problems in the future, There is nothing wrong with gambling, but with a note that it can control itself well so that it can avoid severe addiction.

Funds are produced when we worked and reap the profits we generates from our business and investme, that's how to keep milking steady streams of income. Experience is just what everyone needs to stay put and ready to face challenges and also prepare the mind for gigantic profits. Gambling is one of the most relenting activities in the system, how can we quit gambling and also invest in gambling? It's makes no sense to me. Gamblers are open to both profits and losses and one should ensure he's able to surpassed losses with significant profits.

Gambling sites are founded by people with above average wealth, even when they receive investment, those who enter as investors are rich people who are also friends of the owner, either business friends or what is clear in gambling business circles have leader who can always have more money for every development.
But here as the OP said it is not about investing in betting platform or casino but he is giving loans to gamblers who have run out of funds and has an agreement with the gambler regarding interest and when he should receive back the money lent.
It seems like you don't really understand what the OP means here.

When we really want to invest, we must be able to know that we have more money, meaning that we will not take the money invested when there is sudden need.
An investor must have spare money in case there is an urgent need and requires certain amount of money and we need to remember that investment will always be long term so we at least need to have an income at all times.

Yes, it is true that most of the casinos are established and have got money and that is why they dont ask for any investments.

But like bitvest, they have the option for users to invest on their bankroll and not only them that does this.

Bustadice also and many more. So if you have spare money and you dont want to spend it, you can put casino bankroll investing as part of your choices.

Are there really some investment gambling platforms that make this as business for gamblers to make deposit with them and Invest in, i see that many gambling platforms developers do have enough money for their establishment, but i don't know what other means one can use to begin to make money from gambling outside gambling itself, making an investment into gambling can only be afforded by those that have enough financial capacity for an establishement and not a regular gambler.

Running up a loan business isnt bad and what most people that do really focusing about is on the ethicality of such business on which taking up advantage into those people who had just wrecked themselves
on which you are really that trying out to offer them on getting some loans with those kind of interest. Well, its a sweet spot because you are pretty sure that they would really be getting specially to those
who are really that addicted. Its true that we cant really make out that directly judgement about people not to be able to repay their loans or debts to someone. It is really just that we are really just that
being conclusive when it comes to things.

This is why we do really end up on having that assumption that they arent capable on repaying but its true that there are people who cant really just that afford on making
their reputation to be  that something that bad, they do take loans but doesnt mean that they cant repay it on time.

My previous response was related to personal opinion but if it is related to the business aspect, he has analyzed the profitable opportunities from the loan business, even casinos also support this business idea which can benefit their side, because they don't care about negative perspectives but business is still business, all opportunities are utilized for get profits without caring about the financial aspects of the gambler. If the loan business has been released then you will be rushed to receive many loan reports every day, because gambling addicts don't stop betting before they lose everything or reach their target profit.

I think he has to make loan rules and he will select borrowers to avoid fraud who don't want to pay the loan, this kind of business is prone to big risks because proof of a loan agreement is no guarantee of getting the loan money back if the borrower has run away without you knowing

It is easy to apply such stigma to gamblers, called them out for not being good at paying back, but I would say it depends rather on the person and not what activities their partake in (consuming drugs do not count, though), there are gamblers who are responsible and will give the money back gladly in order to keep their reputation. I have seen at least one gambler here in the forum to ask for a loan directly to their casino account and he was granted such loan based on its reputation and level on the forum. It is about the same in the real life.

Also, running a credit scheme even though it does bot have anything to do with gambling is a legitimate way to do business, though. Even here in the forum we have got users who actively concede loans, many.

Certainly, gambling with high budgets and funding gamblers will bring about huge risks. For this reason, it would be a more logical option to gamble with amounts that will not shake one's budget and to evaluate investment opportunities in different investment areas. Gambling should always be an entertainment-oriented tool, not a profit-oriented investment type and it should be played with an amount that will not negatively affect the person financially.

In addition, since investing in gambling is riskier than other investment options, the risk of loss will be higher for investments made in this area. Also, if the return and risk ratios are incompatible with each other, this investment will definitely not be a logical investment.

This is not investing in gambling. You are not different from a running a credit scheme. It is almost like gamblers using a credit card for gambling.
The real investing in gambling is opening and running a gambling business like a casino or a sports book.
If you have enough money you can partner with someone on this. In the mean time, you have to be careful about giving out money to gamblers they are terrible at paying back.

Haha yes your statement is simple but very reasonable, giving money whether it's lending or giving without reciprocity is like you give the keys to a candy store to a child, of course which child will refuse when he is given access to things that can make them very happy or mean for their favorite? This scenario is no different from gamblers, and of course there will be a lot of doubts from people who will give them a loan, because the money that will be used is for gambling which is where the public's view of gambling is very negative, so it's only natural that people don't give you a loan if your goal is to bet.

As I said earlier that if you have managed to get a win then yes of course it is better for you to divide the winnings, I mean you need to break it down, some for other purposes or for example paying off your debts and some for your gambling funds next time. So of course planning and management is really needed in gambling, it will help you to avoid financial problems due to gambling, and of course by saving funds, you don't need to borrow anymore, that's better, friend.

If I got you right, the borrowed money meant to be used for gambling, you mean the player should trade it in cryptocurrency exchange. Then the profit he makes can be used to gamble. The whole process would be riskier than using it straight ahead to gamble. Nothing stops him from losing his trades in cryptocurrency. As it's also uncertain, whether he'll double the win or not. Considering the time frame, for players in offline casinos. Would OP wait until they're done trading before they'll gamble the money. It's more like a fast business, and the lender will be present to see the result. Running such a service online would be a wasted effort. His main aim is the offline casino, if I'm not mistaken, and like you said the experienced gamblers would be better off as his target audience. The wealthy players, who for some reasons ran out of money, maybe physical cash, can patronize OP, and when done playing would refund him before or after 24 hours. That way, it'll be less stressful than when he targets addicts, who have nothing left on them. Raising arguments each day and refusal to comply to their own end of the deal. Some may try to deceive the lender, bring losses to him.

The loan procedure by doing the collateral before getting the loan to manage from the loss once the loan guy not able to pay the money.Instead of getting the loan for the gambling site playing the gambler can use the money to invest in the cryptocurrency and multiple the dollars.So then he can do the gambling with the profit from the cryptocurrency trading,but the new gambler will play the gambling without the experience in the gambling sites.So it will be like the random bet to the gambling sites,this only help the gambler to loss.The loan for the gambling itself not the good idea until you had good experience in the gambling sites.

I think those things can be tackled with the collateral aspect before giving out the loan. OP can check those things out. It'll be wrong to lend money to a person who doesn't own a single property to hold on to if they don't payback their debt. It's a very risky business, and it could be why nobody is running the business. I've never seen such an initiative. The best method to do the business is by collaborating with the casino. Then they'll be able to point out players who are capable of paying back the money they are owing, despite losing out the whole funds. The people Op is targeting, the inexperienced, would bring him more troubles. Because they are novice and naive, they'll wind things up and turn back to get angry at OP for putting them into another level of stress. The only way we can determine if things would play out fine for the business, is by knowing the testimony of OP when he ventures into the business. In my opinion, instead of going directly to the gamblers to convince them, and the time it'll take him to sign agreements. It'll be best OP sets up his own platform somewhere close to the casino. Such that these players would be the ones meeting him out of their own choice to take loan for gambling. They'll agree on ways of paying him back, then strike a deal. Meeting them when they're down emotionally, can be risky on the Op's side. They can deny, they were drunk or weren't in control of their decision. Which such hacks can fold Op's business. Because players must find a way of cheating Op in the business. Hence, having a different establishment is better, than walking around in casinos to convinces inexperienced players.

One thing that's crazy in my opinion is, where people who have lost are bribed with more funds, and those funds are funds obtained from debt, what guarantees do they provide when borrowing? and is there an agreement?
in here i see  your morals are very bad in my opinion you want to stop gambling but you are luring other people into gambling by providing loan funds for gambling, you shouldn't invest in other places maybe it's better than gambling

Giving a gambler who is broke money? That sounds like the plot of a sad comedy. Yes, you're right to be wary of contracts and slow law mills; they're not magic wands.

Hey, let's change the subject to something more... exciting. Cryptocurrency casinos! That's where the real action is. There's more to these digital parks than just rolling dice. They're smart, creative, and a lot of fun. Just think about it: blockchain technology provides openness, fairness, and, guess what? Privacy. This is the perfect set of qualities for a player.

Putting money into a casino, whether it's online or off, is more than just buying a ticket to the money show. Being in charge of a show of luck is a lot like that. You're not just watching the game; you're in it. Also, you made a good choice with those gambling shares. No matter who wins or loses at the games, the casinos make money. Why bet on a horse that will lose when you can own the racetrack? Remember that the house always wins, and you could be the house in this case. If you play your cards right, anything could happen.

Yes, there would be always a catch, whether there's some hidden charges or really that huge interest but pretty sure it would really that too suspicious if ever there's someone who would really be
approaching you and telling that they will really be giving a loan. If you could really be able to see that they could be trusted then it would be your choice but if not then it would really be that
wise that you shouldnt really be trusting them in the first place. Its always been that shady that suddenly there's a person who would really be having that kind of approach and offering some loans.
lol.

I agree with this. It's such a complicated thing to deal with. Might as well find other source of income that doesn't involve much stress and risks. It's better to have a business that you can plan and organize with your knowledge and not bother about the safety and security. Because it's really risky if you are going to lend money without permit, you can be fined and be jailed, even be a subject for murder because most people do not really want to pay. You want to prioritize your well-being above all else because you will no longer earn if you are already six feet under.

It's also bad to take advantage of other people's weakness. Like what you said, it might indeed backfire on you, unless you will ask them for collateral damage with the same amount of the money they have borrowed. But I guess, to each his own. If ever you really want to pursue that kind of business OP, make sure to have it documented and be legal. Pay taxes so you won't be working in the shadows and you can file for claims in the court if things go south between the debtor and you.

OP are you going to involve the government of your country about this or just you? I think it's not safe to start such business of lending gamblers money because

1. Most gamblers won't pay back what they own when the amount is too much, and if you threaten them too much you won't be safe either, how many stories of people killing people to avoid paying what they owe? There are many stories like this, and been just you doing this you can lose your life.

2. If something happens that involved the law and authority you will be at fault and they can charge you because you are not registered as a lender, there are standard lending business in the world today, so make sure you get a license and think about good security for yourself.

I don't have Interest in such business because I have seen lenders going through the stress of looking for debtors that refuse to pay the they owe back, some will run off leaving one country for another and you will have to put them on manhunt to get them arrested when they are in the public, if you think you can handle it you are free to do so, but be prepared, gamblers know how to owe a lot of money, most of the ate living a miserable life so they don't care.