Topic: taking out a loan for a sports bet - page 4. (Read 5337 times)
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.
...
Well, it will always be TS's decision if he wants to take a loan for gambling then get one, but it will always be his responsibility to pay up the loan in due time, even if he wins or lost in betting soccer it is always good to pay up your loan because that could get ugly in his part, his credibility is at stake he can never get a loan in some other platform if he could have a record if he will be needing money for an emergency, But yes it is stupidity to make loans for a gambling match that has a huge risk involved, I think there could be some people that are very lucky to make loans and win a bet but that is by an actual chance only, so yes my advise is do not take loans for gambling,
It's the thing, some people are not responsible! Some people are taking loans without thinking about how to return them eventually! What these people don't understand is that it's not just their "credibility" at stake, family and close people can suffer a lot more! So when it comes to OP and his words I think he is very irresponsible when he says how he plans a 50k-100k loan for a bet on a soccer game?! I think he doesn't understand the consequences if he loses a bet! And as I said, even if he wins it will be just postponing a disaster, he will probably think about the easy money and he will try to do the same with more money maybe! So the hole will just get deeper and deeper...
It's stupid to borrow money for gambling in any possible way! People should have fun with gambling if they have some money to spare, playing with borrowed money is just a burden, and people should never do it!
Exactly! It will not depend on a person's status or if he's educated or not, people can become desperate depending on the situation, and being addicted to it is a snap as well, but I am not saying that all people will be doing this loan and gambling thing, it can happen to anyone of us, in desperate situations, the rich could get bankrupt and eventually thinking stupid things like this, or most notable will be the poor once that doesn't have a thing at all, so it can happen to anyone, but it will always depend on the situations,
And yes it is really stupid to borrow money and gamble, anyone can gamble without getting a loan, but it will depend on your financial status, And TS is loaning for the purpose of one thing only, and that is to gamble, he might be desperate in increasing his money, or he could be just doing an experiment if his lucky or not or worst part of this he could be addicted without knowing it, any situation can end up really bad,
I think the author of this thread is safe... He is not going to borrow 50,000$-100,000$ from any lender or institution without a very good collateral. 
Even craziest than borrowing money to gamble, it is to lend such amounts of money to a gambler without a guarantee he can pay back if his bet goes wrong.
With huge money there are many other methods to invest and make that sum grow. It's really not necessary to go all in one bet, doesn't matter how safe it looks.
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. Even craziest than borrowing money to gamble, it is to lend such amounts of money to a gambler without a guarantee he can pay back if his bet goes wrong.
With huge money there are many other methods to invest and make that sum grow. It's really not necessary to go all in one bet, doesn't matter how safe it looks.
Think many times before you make a decision. Borrowing from someone or lending to a company just for a gamble that you have no guarantee that you will win is not a joke.
Because debt and gambling addiction is one of the causes of depression today and sometimes even leads to wrongdoing or suicide. And it’s even sadder if you have a wife and children and ruined your family because of being buried in debt because of gambling. It is not bad for a person to give his own happiness, but we must have or know our limits.
That's true but often, people don't think twice and immediately take loans from other people. Only after they get into trouble with the loan or have to pay it every month do they think about how to get the money to pay it off. This often happens in the real world because people can easily borrow from others.Because debt and gambling addiction is one of the causes of depression today and sometimes even leads to wrongdoing or suicide. And it’s even sadder if you have a wife and children and ruined your family because of being buried in debt because of gambling. It is not bad for a person to give his own happiness, but we must have or know our limits.
Those two things, namely debt and gambling addiction, are serious problems that everyone should avoid. Having this debt will make us feel hard to pay it. Meanwhile, if we are addicted to gambling, we will find it hard to leave it even though it is for our good.
Never gamble with a loan! When you do this, you've already lost. There is no 100% guarantee of winning while gambling. If you lose in this way, you will have lost twice as much and you will have suffered a great psychological loss. My brother did this before and couldn't recover for a long time. I know how bad it is because I see it so close.
With huge money there are many other methods to invest and make that sum grow. It's really not necessary to go all in one bet, doesn't matter how safe it looks.
OP can consider following the tip, there's nothing wrong with that. But as you said, going all-in in one bet should be taken into account seriously. OP should think of those things that might possibly happen if ever that bet loses. Even without pursuing a loan, OP can still take advantage of that tip by betting only the amount he is willing to lose or risks.
OP should not treat gambling as a child's game. It already destroys lots of lives because of doing a loan for gambling purposes. Don't put your life on a complicated status as if you are the only one who will be affected but also all people around you, especially your family.
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
First do have the collateral equivalent of the loan you about to take? Taking a loan with such amount will require lots of assessments like source of income, assets, Creditworthiness and guarantor. But how on earth will you think of taking such a huge loan on a bet have thought of the risk carefully?feel free to message me or comment below
such step and its true that acquiring such big amount loan isnt something simple that someone could really be able to comply.The amount is huge which banks and other business firms will definitely
be looking into something which do really correlate on the amount that you are requesting or taking up some loan.If you cant provide on whats been asked then expect on what would be the approval which
would be surely declined.
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
First do you have the collateral equivalent of the loan you about to take? Taking a loan with such amount will require lots of assessments like source of income, assets, Creditworthiness and guarantor. But how on earth will you think of taking such a huge loan on a bet have you thought of the risk carefully? it is scary to make such an attempt feel free to message me or comment below
Think many times before you make a decision. Borrowing from someone or lending to a company just for a gamble that you have no guarantee that you will win is not a joke.
Because debt and gambling addiction is one of the causes of depression today and sometimes even leads to wrongdoing or suicide. And it’s even sadder if you have a wife and children and ruined your family because of being buried in debt because of gambling. It is not bad for a person to give his own happiness, but we must have or know our limits.
Because debt and gambling addiction is one of the causes of depression today and sometimes even leads to wrongdoing or suicide. And it’s even sadder if you have a wife and children and ruined your family because of being buried in debt because of gambling. It is not bad for a person to give his own happiness, but we must have or know our limits.
...
Well, it will always be TS's decision if he wants to take a loan for gambling then get one, but it will always be his responsibility to pay up the loan in due time, even if he wins or lost in betting soccer it is always good to pay up your loan because that could get ugly in his part, his credibility is at stake he can never get a loan in some other platform if he could have a record if he will be needing money for an emergency, But yes it is stupidity to make loans for a gambling match that has a huge risk involved, I think there could be some people that are very lucky to make loans and win a bet but that is by an actual chance only, so yes my advise is do not take loans for gambling,
It's the thing, some people are not responsible! Some people are taking loans without thinking about how to return them eventually! What these people don't understand is that it's not just their "credibility" at stake, family and close people can suffer a lot more! So when it comes to OP and his words I think he is very irresponsible when he says how he plans a 50k-100k loan for a bet on a soccer game?! I think he doesn't understand the consequences if he loses a bet! And as I said, even if he wins it will be just postponing a disaster, he will probably think about the easy money and he will try to do the same with more money maybe! So the hole will just get deeper and deeper...
It's stupid to borrow money for gambling in any possible way! People should have fun with gambling if they have some money to spare, playing with borrowed money is just a burden, and people should never do it!
Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.
From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.
So no, don't do that crazy thing.
I think the author of this thread is safe... He is not going to borrow 50,000$-100,000$ from any lender or institution without a very good collateral. From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.
So no, don't do that crazy thing.
Even craziest than borrowing money to gamble, it is to lend such amounts of money to a gambler without a guarantee he can pay back if his bet goes wrong.
With huge money there are many other methods to invest and make that sum grow. It's really not necessary to go all in one bet, doesn't matter how safe it looks.
winning which we know that its always been risky no matter how you do consider yourself to be good on sports betting. Taking a loan for the sake of gambling is never been a good idea.
I dont know on why there are some people do really consider out on taking such risk without even trying to realize on the risk factor plus acquiring such loan amount isnt
something easy yet this one would require lots of requirements and needed for a loan to be granted.
Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.
From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.
So no, don't do that crazy thing.
I think the author of this thread is safe... He is not going to borrow 50,000$-100,000$ from any lender or institution without a very good collateral. From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.
So no, don't do that crazy thing.
Even craziest than borrowing money to gamble, it is to lend such amounts of money to a gambler without a guarantee he can pay back if his bet goes wrong.
With huge money there are many other methods to invest and make that sum grow. It's really not necessary to go all in one bet, doesn't matter how safe it looks.
I don't even think it's safe to make a loan for investment, much less for gambling. But if you really believe you can win that bet then start with a small amount and if you are successful, combine those wins to bet on the next match. But try to avoid loan to gamble if you don't want to get into trouble.
Some gamblers are willing to bet using a loan even though they already know the risk to bear double losses because they have to pay the loan according to the agreement time, if the loan is in arrears then he pays the interest too. So in gambling it is not recommended to gamble from loans because gamblers are not focused on enjoying gambling other than greed for winnings and can benefit from loans.A loan is a good plan for a purpose that gives assured return. With gambling we don't have anything assured of a win, there is chances of loss too. Not after the tenure, once the amount gets credited automatically the interest gets calculated and added to the capital.
Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.
From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.
So no, don't do that crazy thing.
From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.
So no, don't do that crazy thing.
Even if the team is bought, first of all, this does not guarantee a 100% result (they cannot openly score goals in their own net, and the opponent may be unlucky that day). Secondly, bookmakers, having suspected something was wrong, can return all bets. And then at least the OP will have to pay for using the loan, but at the same time he will not receive any profit.
That's correct, no one could get that huge amount of money through loan here, even if he will convince the lender that the bet is guaranteed to win, they will never believe because in real life, it does not exist, it's just only the words coming from the scammers.
Precisely, a guarantee bet is not something that anyone can easily been proven, maybe a part of a deeper mafia, but they will never share that information. They will protect it not to be leaked. It's a lot of money that in stake and no one from that particular group will take that risk being burned if they mistakenly exposed their business. (not proven, but rumors think it does exist)
Quote
The right thing to do, is collateral the house and lot and ask for a loan, but probably only available through financial institutions like banks.
If you have that properties, you use it as collateral to collect the funds that you needed, if you are sure with that kind of decision
no one can stop you, but always put in mind that shit can happened and learning things the hard way is something that you won't
love to experienced.
I don't even think it's safe to make a loan for investment, much less for gambling. But if you really believe you can win that bet then start with a small amount and if you are successful, combine those wins to bet on the next match. But try to avoid loan to gamble if you don't want to get into trouble.
Some gamblers are willing to bet using a loan even though they already know the risk to bear double losses because they have to pay the loan according to the agreement time, if the loan is in arrears then he pays the interest too. So in gambling it is not recommended to gamble from loans because gamblers are not focused on enjoying gambling other than greed for winnings and can benefit from loans. 
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
feel free to message me or comment below
You mean 50k-100k$? if yes, this is a very large amount of money. And if you're gonna get this amount through loan program, probably it will not be easy instead it's gonna difficult for you to get this I am telling you now. Of course, the lender will ask you a big collateral to check if you are capable to pay that amount of money, unless you have a big assets in the exchange where they will surely get that depending in your agreement.
That's correct, no one could get that huge amount of money through loan here, even if he will convince the lender that the bet is guaranteed to win, they will never believe because in real life, it does not exist, it's just only the words coming from the scammers.
The right thing to do, is collateral the house and lot and ask for a loan, but probably only available through financial institutions like banks.
It may be better to abandon the idea of taking out a sports betting loan altogether.
Many crypto enthusiasts (bitcoin maximalists) have sold their houses, apartments and land to invest in bitcoin.
Maybe the topicstarter should do the same. If he is absolutely sure of the reliability of insider information about the outcome of a sports match, then perhaps he should sell his property and receive the necessary amount of money. This will allow him to save on paying interest to the bank.
However (in my opinion) this is a very risky gamble.
Therefore, I do not recommend the topikstarter to sell the last apartment - otherwise he will simply have nowhere to live.
Even if I really believed one of those teams could win the game and the stakes would be profitable, then I wouldn't make that loan just because I wanted to bet. It's too risky to do because we never really know what will happen at the end of the game even if you believe the favorite team can win. Loans to bet are never recommended but you are probably safe to bet if it's your own money an amount you can afford to lose.
I don't even think it's safe to make a loan for investment, much less for gambling. But if you really believe you can win that bet then start with a small amount and if you are successful, combine those wins to bet on the next match. But try to avoid loan to gamble if you don't want to get into trouble.
I don't even think it's safe to make a loan for investment, much less for gambling. But if you really believe you can win that bet then start with a small amount and if you are successful, combine those wins to bet on the next match. But try to avoid loan to gamble if you don't want to get into trouble.
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
feel free to message me or comment below
You mean 50k-100k$? if yes, this is a very large amount of money. And if you're gonna get this amount through loan program, probably it will not be easy instead it's gonna difficult for you to get this I am telling you now. Of course, the lender will ask you a big collateral to check if you are capable to pay that amount of money, unless you have a big assets in the exchange where they will surely get that depending in your agreement.
That's correct, no one could get that huge amount of money through loan here, even if he will convince the lender that the bet is guaranteed to win, they will never believe because in real life, it does not exist, it's just only the words coming from the scammers.
The right thing to do, is collateral the house and lot and ask for a loan, but probably only available through financial institutions like banks.
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
feel free to message me or comment below
You mean 50k-100k$? if yes, this is a very large amount of money. And if you're gonna get this amount through loan program, probably it will not be easy instead it's gonna difficult for you to get this I am telling you now. Of course, the lender will ask you a big collateral to check if you are capable to pay that amount of money, unless you have a big assets in the exchange where they will surely get that depending in your agreement.
Jump to: