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Topic: taking out a loan for a sports bet - page 2. (Read 5320 times)

member
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June 11, 2022, 03:47:55 AM
Taking a loan to place a bet? Wow! How certain are you that the game's a fixed one? Do you have an alternative means of paying back when it all comes crashing down ot are you just looking for debts to heap on your head.
 Taking a loan from a bank, you have to present a collateral and also it comes with interests to be paid monthly. Ready for that?
full member
Activity: 1890
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June 10, 2022, 06:06:41 PM
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
taking a loan to play gambling, I think this is the wrong choice, especially if you borrow money at the bank, you automatically have to pay interest every month. Well, if you are lucky, you can pay off the loan, but if bad luck befalls you, I think you will be under a lot of stress about this. so my advice is that you are better off looking for other options than borrowing just to gamble and never expect you to be rich in an instant when you play gambling. look for a job first when you get an income every month maybe that's the time for you to manage your finances and the rest you can relieve stress by playing gambling.
Most people go bankrupt and fall into poverty because they are unable to pay their debts to banks (because the bank doesn't care about our problems and demands a payment that we must pay monthly) or moneylenders. don't sacrifice the future just for things that are uncertain like gambling, as long as you don't borrow money from the bank to gamble then you can live in peace even though the profit you get is very small.
legendary
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Crypto for the Crypto Throne!
June 10, 2022, 05:58:47 PM
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?

Oh, i missed a lot since i was out this forum. Such brilliant treads, for example  Grin

OP, the worst idea is to take a loan for the things which you're not sure about their outcome and which you can't controll directly. Biz is different story, because in biz you're the main creator of success
hero member
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Leading Crypto Sports Betting & Casino Platform
June 10, 2022, 05:05:05 PM
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
taking a loan to play gambling, I think this is the wrong choice, especially if you borrow money at the bank, you automatically have to pay interest every month. Well, if you are lucky, you can pay off the loan, but if bad luck befalls you, I think you will be under a lot of stress about this. so my advice is that you are better off looking for other options than borrowing just to gamble and never expect you to be rich in an instant when you play gambling. look for a job first when you get an income every month maybe that's the time for you to manage your finances and the rest you can relieve stress by playing gambling.
legendary
Activity: 1582
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Reputation first.
June 10, 2022, 04:55:23 PM
Definitely think twice before taking loan, there is no 100% fixed match and you can lose more than what you can afford to lose. What if, you take a loan and placed sports bet then it loses? Well, you have to pay back whatever amount you borrowed and it will be stressful day unless you are able to pay back soon. Just my 2 cents.

Exactly. Ask for a loan it is never a good idea. Banks are not stupid and you should put your home or something with high value as collateral, and you can risk to lose it for a match that you're also sure that is not fixed at 100%.

So, consider what are you doing, and think about. Less gains sometimes means also more safety.
legendary
Activity: 2772
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Duelbits.com
June 10, 2022, 04:44:12 PM
Definitely think twice before taking loan, there is no 100% fixed match and you can lose more than what you can afford to lose. What if, you take a loan and placed sports bet then it loses? Well, you have to pay back whatever amount you borrowed and it will be stressful day unless you are able to pay back soon. Just my 2 cents.
full member
Activity: 854
Merit: 130
June 10, 2022, 04:32:00 PM
Is a bad idea to take a loan to gamble what if you lose the bet you become indebted and leading to a bad situation you may not like, gambling should be done as a fund and anything above that is too risky a risk to take, I will advise you place the bet with any amount you can afford and let go of the idea of borrowing to place a big bet just with the hope of winning.

Football is a highly unpredictable sport and the outcome cant be predicted so even if you are assured of a sure game or fixed matches the results can still come against your prediction so be careful.
sr. member
Activity: 2590
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SOL.BIOKRIPT.COM
June 10, 2022, 04:13:11 PM
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.
Taking a loan is very risky and you may lose them all for all you know. And once you lose, there's no way you can get them back. So always think a lot of times. Your source do not guarantee that you are really going to win, if he thinks that he's really reliable then let him take the loan and play sportsbetting. Believe me, its not gonna work. Although you can still gamble, but in just a moderate amount where you can afford to lose.
Gambling in sport is unpredictable and the OP wanted to  take a risk that doesn't worth taking, imagine losing the whole money obtained as a loan probably the OP must have used a property as a collateral obviously it going to be sell off to offset the loan, I won't advice anyone to obtain a loan to gamble, this is absolutely a bad idea it won't end well because it is a half chance and the outcome is uncertain, it is always a good idea to gamble with the amount of money you can afford to lose, "afterall slow and steady wins the race".
legendary
Activity: 1323
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June 10, 2022, 04:10:57 PM
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 think anyone who has ever taken loan for gambling will tell you to never do this. Even people who have no idea about gambling will certainly tell you that it is a very bad idea.
It is enough for you to imagine a situation in which you lose all the money you borrow. You are then left with the loan to be repaid and with great remorse. Don't do this to yourself.
hero member
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Winding down.
June 10, 2022, 04:07:10 PM
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.
With that huge amount, it's impossible that your loan will be approve knowing they are just going into sportsbetting. Once you don't have enough documents to present to the bank or someone you know that lends money, it will be hard for you to get that money. And for all sake, your decision will bring a lot of troubles later on. What if you lose them all? Do you think of any plans how to repay them?  No matter how reliable your source is, you should not gamble with such a very huge amount.
hero member
Activity: 2814
Merit: 576
June 10, 2022, 03:59:09 PM
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.
Taking a loan is very risky and you may lose them all for all you know. And once you lose, there's no way you can get them back. So always think a lot of times. Your source do not guarantee that you are really going to win, if he thinks that he's really reliable then let him take the loan and play sportsbetting. Believe me, its not gonna work. Although you can still gamble, but in just a moderate amount where you can afford to lose.
sr. member
Activity: 2226
Merit: 347
June 10, 2022, 02:48:57 PM
Your credit score, source of income, possibility of paying back, would determine how much you will be eligible to get as a loan. You might be aware of it by now. As many have said and from my experience, I would say, taking a loan for gambling / trading, is not appreciated. But if you know you can manage with the other source to clear the debts, then yes you can go ahead. But you will become addicted and will tend to still go for loans and debts. So its good to cut down at the very beginning.
The question is, would he able to take up some loan that big? For sure it would really be mattering on your credit history or status which would really be a big thing to be considered
by any loan companies out there or banks which they cant just provide easily on what to those amounts that you have in your head thats why it all depends on your
capacity  and expect the requirements isnt something that could really be easy thats why you should provide all the requirements if ever you are forcing to have that
kind of amount but in overall taking a loan for gambling isnt sensible to be done.
sr. member
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Duelbits - $100k Bonus/week
June 10, 2022, 01:38:38 PM
Your credit score, source of income, possibility of paying back, would determine how much you will be eligible to get as a loan. You might be aware of it by now. As many have said and from my experience, I would say, taking a loan for gambling / trading, is not appreciated. But if you know you can manage with the other source to clear the debts, then yes you can go ahead. But you will become addicted and will tend to still go for loans and debts. So its good to cut down at the very beginning.
legendary
Activity: 2310
Merit: 2073
June 10, 2022, 01:26:28 PM
I'd like to place a big bet of 50-100k, else done something like this?

feel free to message me or comment below  Smiley

This is my message to you. This amount you want to borrow on loan is too much to throw into a betting game. Remember it is not a guarantee that the money used in gambling will come back in winning to you. You may see the game like a banker but it outcome is not sure. Take a deep breath even if you an addict, don't throw such huge amount into gambling whose chances of winning are not in your hands but just a lucky tried.

Loaning just to have capital in gambling is like borrowing something and your payment will rely on your luck. It's fine to take loans but it also depends on your purpose. Loaning for business would sound better but borrow for gambling will be a riskier decision. Lots of gamblers who gambled using borrowed funds have regrets and suffered after losing.

TS just doesn't understand the consequences of gambling on borrowed money. I have known several people who have lost everything they had by gambling with borrowed money, so I think it is very important to discourage him from this endeavor.

If he is so eager to make money, let him first try to earn it with his own labor. I am sure that once he personally earns $10k he will change his mind about gambling with that money. Apparently he's young and doesn't understand that loans are a necessity.
legendary
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Leading Crypto Sports Betting & Casino Platform
June 10, 2022, 12:07:23 PM
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
People who dare to lend that much money to gamble may be losing their minds or you should look to your closest colleagues. It's very risky even though you bet on a team with low odds whose chances of winning are big, the results can still be different, indeed sometimes there are bettors who only bet at low odds with high stakes because they feel the chance to win is bigger but it's still a high risk, and gamble from debt is not a good idea in my opinion unless you have other income and are waiting for the money to credited to your account so you prefer to take loan so as not to lose the opportunity to gamble in big events.
full member
Activity: 1708
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June 10, 2022, 11:32:52 AM
I'd like to place a big bet of 50-100k, else done something like this?

feel free to message me or comment below  Smiley

This is my message to you. This amount you want to borrow on loan is too much to throw into a betting game. Remember it is not a guarantee that the money used in gambling will come back in winning to you. You may see the game like a banker but it outcome is not sure. Take a deep breath even if you an addict, don't throw such huge amount into gambling whose chances of winning are not in your hands but just a lucky tried.

Loaning just to have capital in gambling is like borrowing something and your payment will rely on your luck. It's fine to take loans but it also depends on your purpose. Loaning for business would sound better but borrow for gambling will be a riskier decision. Lots of gamblers who gambled using borrowed funds have regrets and suffered after losing.
hero member
Activity: 2632
Merit: 626
June 10, 2022, 11:17:03 AM
I'd like to place a big bet of 50-100k, else done something like this?

feel free to message me or comment below  Smiley

This is my message to you. This amount you want to borrow on loan is too much to throw into a betting game. Remember it is not a guarantee that the money used in gambling will come back in winning to you. You may see the game like a banker but it outcome is not sure. Take a deep breath even if you an addict, don't throw such huge amount into gamble whose chances of winning is not in your hands but just a lucky tried.
hero member
Activity: 2744
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Campaign Management?"Hhampuz" is the Man
June 10, 2022, 10:29:16 AM
When you have an account in a bank with some steady inflows, like from a job, banks will allow you to take a fast loan. The amount depends on many things like the bank itself, the amount of money going through your account, the age of the account, current loans that you have, and so on. In my case I had about 1.2k EUR of steady inflows in one of my accounts and could take a 5k EUR loan just like that from my bank API so a small loan is usually not a problem. There are companies that grant small loans with no collateral within minutes. You just need an ID.

That said, I wouldn't recommend going into debt to gamble.

The problem with what you say is that nowadays many people who have self-control problems take instant loans to continue gambling, which is a disaster. In the end they end up having to pay back a 5-year loan because they couldn't control themselves one night. I think the banks know this and that's why they make it so easy, and I'm not just talking about gambling.

What the OP is proposing is different, however, it would be a premeditated action, but a crazy one nonetheless.



Thinking that the game can easily predicted and hoping that shit won't mess around, taking a loan and gamble is not a good action at all.

My personal take on this is to gamble only your spare and enjoy whatever it takes. Most of the time, when you are on the winning side, you

become more aggressive. You are thinking that you are ahead against the house, not realizing that time is just waiting for your losing

streak to show up. It's not just the casino, but also applicable to sports betting.

hero member
Activity: 1610
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June 10, 2022, 05:52:45 AM
snip
It is not easy, but if you already have a business plan or have started your business, then you can use the loan money to develop your business to be more advanced. But if the borrowed money is for gambling, you will not get a great opportunity to make money.

Business and gambling may have the same characteristics but it will depend on the plan we have made to run the business. In gambling, you risk a certain amount of money to make money. So you just choose which one you want to do.
legendary
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Top Crypto Casino
June 10, 2022, 02:20:08 AM
The is a too risky thing because if you think the information is legitimate and came from the match fix I guess there's a higher chance that you will get a good profit but if you just get the information somewhere else I guess it is better to make doubt to your decision if you are willing to risk it's all about gambling a high-risk reward set up. This bet is a life changer possible you get a good profit or possible you lose your life savings.
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