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Topic: taking out a loan for a sports bet - page 10. (Read 5337 times)

legendary
Activity: 2436
Merit: 1008
June 04, 2022, 05:22:55 PM
#9
recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

You will never know until you placed your bet. Is that information you are talking about even genuine and true in the first place or it just makes you feel desperate thinking that prediction can really happen? Soccer is not easy to predict. Even if you have information about the inside jobs, it's hard to execute those rigged games in the live match and much, especially if the league was reputable.

Don't expect easy money. No such thing exists in any type of gambling.
legendary
Activity: 3094
Merit: 1127
June 04, 2022, 05:17:28 PM
#8
Nah, I wouldn't dare to go that far and take a loan to put everything in sports betting. It's not a guarantee that your team will win. What if they losses? what's your plan on how to pay those loans? So it's very risky so I don't like the sound of it.

And those information that you get about those soccers, not sure how you can call it reliable. Maybe they are, but still, there are no assurance.
Even myself wouldnt tend to do such thing on loaning hundreds of thousands just for you to gamble out.If it turns out to be good then that you would be giving significant profits or wins but if not then
you would be suffering on repaying those loans for a long time thats why you should think twice or thrice before considering on getting one and just like on what been said by other
people above about the requirements on getting such loan then it would really be asking out for some collateral which is more than on the amount that you are planning to borrow.
Sports betting is strategic but we know that its still gambling which does really require some luck.
hero member
Activity: 2268
Merit: 789
June 04, 2022, 05:12:57 PM
#7
recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below  Smiley

The unspoken rule in gambling is that never use a loan to fund your entertainment or bets. This would only cause the person to continue betting and borrowing money until he/she has satisfied his bet. But given the nature of gambling being highly unpredictable, this would only result to your loans getting higher and higher overtime.

Given the nature of your account, I'd say that it would be nearly impossible for you to loan money without having any collateral in exchange. Sometimes, forum ranks are given basis in order for your request to be granted. Given that you are relatively new in this space and you are already thinking of acquiring some loans to fund the most unpredictable nature of such purpose, then I highly doubt someone would provide and fund you.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
June 04, 2022, 05:07:56 PM
#6
when i read the title i expected it to be something like a joke, but reading the thread i realized that you are really thinking and such madness. My opinion: never borrow for gambling, never borrow. this is the riskiest thing you should ever do, think: when you make a loan you have interest and a long period to pay off the loan. when you take money for gambling, the person must get into his head that from the moment he gambles that money is lost, the purpose is always for bookmakers to win, that's why it's a big mistake to borrow to gamble, don't look casinos as a guaranteed source of income, neither in the short nor in the long term. I hope you give up on this idea of making a loan for gambling and be very careful because the moment the person starts to think about this possibility then the person may already be addicted to gambling
legendary
Activity: 3416
Merit: 1225
June 04, 2022, 05:00:07 PM
#5
recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below  Smiley

I will not suggest taking a loan for gambling, even if you see a good winning percentage, there's still such a thing as getting busted because of an upset, only you can answer if you can take a loan easily how good is your credit loan and your friends are all willing to give you a loan based on your record, but I doubt if they are going to give you a loan just to place a bet, even a bank will not give you a loan if you're going to use to gamble.
I have not done it and I don't think I will do it, even if there's insider info, the risk is just too high.
hero member
Activity: 2842
Merit: 772
June 04, 2022, 04:27:35 PM
#4
Nah, I wouldn't dare to go that far and take a loan to put everything in sports betting. It's not a guarantee that your team will win. What if they losses? what's your plan on how to pay those loans? So it's very risky so I don't like the sound of it.

And those information that you get about those soccers, not sure how you can call it reliable. Maybe they are, but still, there are no assurance.
legendary
Activity: 3122
Merit: 1140
June 04, 2022, 04:26:10 PM
#3
Depends..

When you are tending to take a loan from a bank then expect;
1. Source of income
2. Assets
3. Basic documentation
4. Co-maker/guarantor
5. Credit evaluation

The said loan amount above isnt something that too small so expect it would be not easy
to comply on what would be potentially ask.
full member
Activity: 2086
Merit: 193
June 04, 2022, 04:24:02 PM
#2
Taking loans will always depend on your credibility and if we are talking Dollars here, you might not get that loan easily especially with the banks, it will require a lot of paper documents before they issue that money, and if here in the forum you still need to get a good trust.

I will not take such risk of betting using a borrowed money, because that is too risky and if you bet carelessly you might lose that money in an instant so be careful.
member
Activity: 126
Merit: 15
June 04, 2022, 04:01:34 PM
#1
recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below  Smiley
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