taking out a loan for a sports bet - page 3.

Don Pedro Dinero

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Quote from: coolcoinz on June 09, 2022, 04:46:32 PM

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.

Finestream

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Quote from: NAPK1NS_RA3 on June 04, 2022, 04:01:34 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

If you have a sustainable bigger source of income, that will be easier for you. But if you have none or even a stable job, its quite impossible for your loan to be approve. Honestly, i have not experienced taking even small loans for gambling. That is quite absurd to think. Good thing if you have multi sources to generate an income for you, but if you are just earning a minimal income, taking loans will never do good for you. Remember, its good to gamble if you are using your spare money, otherwise your life will be rekt if you lose a big amount and then suffer its consequences.

yazher

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If that's the case then it's not playing for fun anymore rather it's a life and death situation where you might put all of your life savings in just one match where you might not gonna have it back. Your life will not be the same after it whether you win or you lose since it is a huge amount of money. nevertheless, you cannot get anything from here other than tips and advice, and most likely you won't get their affirmation because they know what it means when you lose and you needed another loan to pay it back which will gonna hurt you in the long run.

TopT3ns

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Quote from: ipanks on June 09, 2022, 11:32:29 PM

Quote from: Issa56 on June 09, 2022, 04:52:02 PM

snip

Yes, that's correct. It is better to take a loan to develop a business than to gamble because we can have the possibility to make money and our business can also be more advanced. Playing gambling does not need to spend a lot of money because playing gambling is not too important to live. If you lose at the gambling table, your money is completely lost and you will have a hard time recovering it.

Developing a business is not as easy as you say because when the business is started and there is no demand due to the lack of relationships from some friends, the money you use for the business does not grow, while when it comes to gambling there is still a possibility that it can give you income even though it is only small at least can provide results in a day without having to wait for someone else to buy the product you are selling.

Business and gambling have the same characteristics because neither can give a definite profit and each has the same risk.

ipanks

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Quote from: Issa56 on June 09, 2022, 04:52:02 PM

snip

Yes, that's correct. It is better to take a loan to develop a business than to gamble because we can have the possibility to make money and our business can also be more advanced. Playing gambling does not need to spend a lot of money because playing gambling is not too important to live. If you lose at the gambling table, your money is completely lost and you will have a hard time recovering it.

agustina2

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Quote from: coolcoinz on June 09, 2022, 04:46:32 PM

There are companies that grant small loans with no collateral within minutes. You just need an ID.

Common things now here in my place. Lots of loan app companies but the interest is crazy. Although, you can't such amount mentioned by OP at these loan apps. Regardless, taking out a loan for a sports bet is a crazy thing to do.

Even though I have lots of money, I won't risk the information that OP got claiming it's a good bet to risk.

I'd rather trust my own analysis compared to any information that I will get for a possible supposed fixed match. Nothing beat our own experience than relying on some random information or tip that we didn't even know in the first place if it's legit or not.

Joca97

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Well its not smart to takeout a loan for gambling. Everything can go wrong at any time. Even if the match is fixed and you think it will win 100%. You should always see and test out a few predictions if you have information. With a loan its a higher risk always try with lower amounts first

Rengga Jati

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Quote from: NAPK1NS_RA3 on June 04, 2022, 04:01:34 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?

Wait, are you planning to take a loan for betting? have you ever head about "spend only the amount that you can afford to loose"? If the money is loan, it means that you must win in order to be able to turn back the loans and its interests. But, will you really win the betting? betting or gambling is uncertain, we cannot guarantee that we will win. Nobody knows that we will win or lose. I am sure that very few chance to get loans ifit is used for gambling, especially from the bookies that take advantage of greedy people who want to always play gambling.

Issa56

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I think taking loan to gamble is really a bad idea, the risk is kind of high, which the chances of you winning or losing is 50:50, if you endup losing the bet how will you get to pay back your loan, I think you shouldn't be that addicted to gambling to the level of you planning to take a loan just to gamble. If you want to gamble its better you use your own money to gamble and it should be the extral cash you are having which you won't be making use of.

coolcoinz

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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.

AmoreJaz

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Quote from: Theones on June 09, 2022, 04:24:56 PM

Quote from: erep on June 09, 2022, 12:49:28 PM

Quote from: jostorres on June 09, 2022, 12:28:45 PM

It seems that the OP is serious about the information because why would he plan to take out a loan? I am sure that he already knows the risk, that is why he is not rushing but he take the time to ask for a second opinion here but unfortunately many of us here is not in favor of his plan so sorry OP, I guess you will need to cancel out that plan and follow instead what is suggested here.

I agree that the OP question requires another explanation as a second option from experienced gamblers and all the above opinions are relatively unsupportive of loans to be used for inappropriate purposes and very risky. I hope the OP continues to actively review the discussion in this thread and consider every opinion that has been put forward for the purpose of sharing a good solution for you, that we must have limits for gambling and we bet using money that is ready to lose without being tied to a loan with any party.

I would always think of plan B - what if the bet is lost. Losing all the loan money in gambling is something I would not prefer at all.
But his is a big risk OP - should decide carefully after careful consideration.

in the first place, i don't think anyone from here will give him a loan without any significant collateral. maybe, he has a chance if he will borrow it from his close friends or colleagues and know his financial capability. but asking from here or any other forum, i don't think he will be successful in this task. no one can guarantee the outcome of the bet. that's for sure, even if it is insider's tip.

Mahanton

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Quote from: Theones on June 09, 2022, 04:24:56 PM

Quote from: erep on June 09, 2022, 12:49:28 PM

Quote from: jostorres on June 09, 2022, 12:28:45 PM

It seems that the OP is serious about the information because why would he plan to take out a loan? I am sure that he already knows the risk, that is why he is not rushing but he take the time to ask for a second opinion here but unfortunately many of us here is not in favor of his plan so sorry OP, I guess you will need to cancel out that plan and follow instead what is suggested here.

I agree that the OP question requires another explanation as a second option from experienced gamblers and all the above opinions are relatively unsupportive of loans to be used for inappropriate purposes and very risky. I hope the OP continues to actively review the discussion in this thread and consider every opinion that has been put forward for the purpose of sharing a good solution for you, that we must have limits for gambling and we bet using money that is ready to lose without being tied to a loan with any party.

I would always think of plan B - what if the bet is lost. Losing all the loan money in gambling is something I would not prefer at all.
But his is a big risk OP - should decide carefully after careful consideration.

Very big risk indeed that getting some big loan just for you to make some sports betting? If you do have other source on paying up the loan then its good but if not? Then you are really
making yourself on putting into a situation where you would definitely be having a hard time on repaying those amounts until interest would bloat out which would cause more problems.
So its better not to take some loan as much as you could so that you wont really be finding yourself on a situation where you are messed up paying those amounts for long term
just because you had spent it all in gambling.

Theones

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Quote from: erep on June 09, 2022, 12:49:28 PM

Quote from: jostorres on June 09, 2022, 12:28:45 PM

It seems that the OP is serious about the information because why would he plan to take out a loan? I am sure that he already knows the risk, that is why he is not rushing but he take the time to ask for a second opinion here but unfortunately many of us here is not in favor of his plan so sorry OP, I guess you will need to cancel out that plan and follow instead what is suggested here.

I agree that the OP question requires another explanation as a second option from experienced gamblers and all the above opinions are relatively unsupportive of loans to be used for inappropriate purposes and very risky. I hope the OP continues to actively review the discussion in this thread and consider every opinion that has been put forward for the purpose of sharing a good solution for you, that we must have limits for gambling and we bet using money that is ready to lose without being tied to a loan with any party.

I would always think of plan B - what if the bet is lost. Losing all the loan money in gambling is something I would not prefer at all.
But his is a big risk OP - should decide carefully after careful consideration.

erep

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Quote from: jostorres on June 09, 2022, 12:28:45 PM

It seems that the OP is serious about the information because why would he plan to take out a loan? I am sure that he already knows the risk, that is why he is not rushing but he take the time to ask for a second opinion here but unfortunately many of us here is not in favor of his plan so sorry OP, I guess you will need to cancel out that plan and follow instead what is suggested here.

I agree that the OP question requires another explanation as a second option from experienced gamblers and all the above opinions are relatively unsupportive of loans to be used for inappropriate purposes and very risky. I hope the OP continues to actively review the discussion in this thread and consider every opinion that has been put forward for the purpose of sharing a good solution for you, that we must have limits for gambling and we bet using money that is ready to lose without being tied to a loan with any party.

jostorres

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Quote from: Cling18 on June 08, 2022, 02:33:38 AM

Quote from: NAPK1NS_RA3 on June 04, 2022, 04:01:34 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

If you could have other alternatives to find funds for betting then don't loan. You'll only be putting yourself in a risky situation. There's no guarantee that you can win so if you'll loan, you'll have a hard time paying it. If there are upcoming events that you're interested in betting with, you must prepare for them ahead of time. It's better to use your own hard-earned money for gambling.

It seems that the OP is serious about the information because why would he plan to take out a loan? I am sure that he already knows the risk, that is why he is not rushing but he take the time to ask for a second opinion here but unfortunately many of us here is not in favor of his plan so sorry OP, I guess you will need to cancel out that plan and follow instead what is suggested here.

Take the advice of this user for instance. Try to look for another way to make funds without needing to borrow it and repay it. The only disadvantage of it is that you cant get that much money you are planning to get in a short period of time and you can miss the game.

aioc

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Quote from: NAPK1NS_RA3 on June 04, 2022, 04:01:34 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

Be sure to check how reliable is the information 50-100k is such a huge amount to take a loan, the first rule of gambling and investing is always invest money that you can afford to lose, this is gambling there is no uncertainty here, even if the game is fixed things could go the other way around, and about the loan, if you are very serious on what you are going into, you can easily get a loan if you have a good credit line, in my case, I would not even think of taking a loan just to gamble, it's not my character and it could ruin my life.

madnessteat

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Quote from: hahay on June 09, 2022, 02:42:58 AM

I think it depends on the requirements and rules made by the lender, for example, the guarantee that must be adjusted to the size of the loan and also on how much of the repayment must be met and the possible time will be determined as well. With this policy, then all choices return to yourself, whether you are ready to do it or not. If you are not ready and just to try, then I would suggest avoiding it because it will be very risky, instead of winning you can be very down and destroyed. It's different if you are really ready and completely sure that you will win with the capital you get from a loan, but still gambling is not right if you borrow it in large amounts because it will only make it a burden for yourself.

Even if TS manages to take such a big loan and pay back the debt to the bank after winning, this story still will not end well. He will understand that it is possible to gamble without having his own money and sooner or later he will lose the borrowed money. It takes years to earn that money in my country, which means that if he loses, he will just have to work to pay the loans.

I would advise him never to take out loans for such risky ideas.

Wexnident

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I don't request loans~

Most loans shouldn't be THAT hard to take if you have all the requirements the loan agencies set beforehand. It may change depending on the amount and may differ from agency to agency though, so that'd be different from what I have here to what you have there. At most I'd give it a week, at the very least, one or two days. That's the regular type though, as I said, it might differ if the loaning agency you visit has different rules cause of the amount you want. IF it was from a family/friend, then it might be faster really, if said people actually trust you to pay.

Wouldn't really recommend it though tbh.

Apocollapse

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Quote from: Oshosondy on June 09, 2022, 01:42:45 AM

What I have heard before and what I can be able to do is to borrow money for business and not for gambling because gambling is not a business, it is not a job, it is even not a profession. I see no qualification for someone that will borrow to gamble than stupidity and foolishness. There is nothing better to even gamble with what you can afford to lose rather than borrowing.

If he told the institutional to borrow money for gambling, then he's dumb since no any legit institutional will give him loan. I believe there are many people who borrow money for gambling and he claim it's used for personal or etc, because most of addicts are rekt since they're using borrowed money. Now I'm worried if the @OP is a gambling addict but still force himself to gamble.

The Author

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Quote from: Johnyz on June 04, 2022, 04:24:02 PM

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.

Tbh, the chances of ones success in betting with borrowed money is really low
So the OP should know this and refrain from such no matter how good of an analyst you are.

Topic: taking out a loan for a sports bet - page 3. (Read 5337 times)