Topic: taking out a loan for a sports bet - page 5. (Read 5337 times)

First How sure you are to get that Big Loan ? is there someone that can fill that amount?

Second is Are you really familiar with the soccer team and the opponent that you wanted to bet on?

those questions are need to answer because this is your money mate and it is your losses if not find the right track .

I am not talking about Despair, I said TS is desperate in winning big in gambling he doesn't go to loan big amount of money or doesn't need to loan at all in playing low-risk gambling, but yes if that loan money would eventually lose then TS will surely learn and fee despair that is for sure,

And you are right in saying that Despair can surely cloud the mind and may sometimes lead to addiction, and yes educated people will surely see the value of money and the risk of gambling but not all educated people will see the risk in applying gambling to a loan, that is caused by desperation


This question exists for a reason, and it is really happening, there are a lot of crazy people that really do this kind of thing and even though we can not see what really happened to him there is an intention for him to gamble that loan money and giving idea for more people to make easy money in a risky way,

I have read in an article that there are students that are gambling with their borrowed money and this is in a survey that they have made in near schools that students can sure gamble with their parent's money, or sometimes borrow it from someone that they know, these teach us that all individual even the young students have access to gambling and there would be addicted students to gambling.

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.

the guy simply created this thread and then disappeared, it looks like something happened to him, I hope he didn't go ahead with this idea of making a loan for gambling, in the past he created a thread where he showed that he won a lot of money , but we all know that in the world of gambling, not every day is won, and when it comes to losses, things start to hurt and at that moment it is easy for someone to think about wanting to borrow to continue playing. I hope OP doesn't borrow


In the past OP said he won a lot of money and his strategy was but sports betting he uses parlay and he showed here on the forum that he had many wins, something around more than 500,000$, the question I have is if he still has money or he lost everything and is looking to borrow money in the real world to continue playing. Anyway, taking out a gambling loan is not a good idea, even if he has a lot of valuable assets to pledge as collateral.

are you talking about in usd?
come on, your optimism is so good and strong but is there any other way, other than borrowing money for an event? it's a luck factor.
maybe you are so confident because you really like the football club and have watched it for a long time. why don't you use the funds that you are ready to lose in the pocket that you set aside? little can be obtained from fairly accurate predictions, but what if on the contrary?

let's say you still insist on borrowing, of course the condition is that there is a guarantee, either assets, valuable objects or something with easy liquidity and takes 3X24 hours.

Question is where do you plan to take a loan? Do you have any collateral to give incase you are not able to pay? 100k is not just a small amount that for someone to lend you especially that you'll just use it on gambling. Taking a loan just to gamble will just ruin your life. You'll just be in debt if you lose on that soccer match that you're planning to bet.

If someone could predict accurately the outcome of a sports, I don't think they will share it to someone.

I think you should be able to consider more deeply about taking a loan just to gamble on sports, because you have to try to predict correctly, at least accurately up to 3 times in a row and if you have the courage to take a loan it is your risk that you must prepare.

Gambling is already a risk and taking loan will increase your risk even further. What if the information you received is false? You will end up losing all and it is going to be really hard for you to pay the loan. And no one is going to give you 50k to 100k loan for gambling. When you take loan from banks, they will want to know what you are going to do with this money and how you are going to repay them. You will also need collaterals to get the loan.
Don't do it. Gamble only what you can afford to lose.

If we lose, we will lose the money and find it difficult to recover it. In addition, we have to pay back the money we have borrowed and usually, there is a time to be paid. I also prefer to use free money, especially research whether the casino can be a site where we play gambling later. I still see some of my friends using All In bets which cost them big losses. That's why we always recommend not to take too big a risk that we can't afford.

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.

As far as my experience in associating with banks, there's no such thing as even if you are a profitable gambler, you can get an approved loan by the banks. That's not how banking loans work. For the first-time borrowers, clients need to pass all the credentials and requirements that banks asked them to do so. It's a hassle but for another loan attempt and the credit score is good, banks will be the ones now to offer the loan to that client.

For the loan amount mentioned in the topic, I think OP is just trolling here. OP really concerned about the loan without thinking if the information is really legit which I doubt it is even though there's inside information about a possible rigged game.

It's not that simple to execute rigged games.

OP thinks that following a tip, it's a guaranteed winning which in reality, it's risky as hell. Let's say OP is really sure about that and wants to take the risks, getting a loan is not even possible for him. There's a certain requirement for that kind of amount and banks or certain lending institutions won't just release the money even how well they are qualified. There is a first loan limit, second, etc.


It's actually pretty easy to say another reason for the loan purpose. The problem is like I said, banks won't just release money without meeting their credentials and requirements. OP seems sure that profit is coming to him with that received tip so good luck to him.

Do not believe it could be that the information is not 100% true. Taking a loan to play gambling is not recommended, it is very risky. Try to think for a moment about what might happen in the future if you lose at gambling. You owe the bank and lose your collateral.

However, the bank will not give you a loan for the reason of gambling football. Without a clear reason of course the bank will refuse it and also you must have collateral.

In a third world country a common person who leads his life out of daily wage won't make this money in his lifetime. Taking such a huge money as loan for the purpose of gambling is unwanted. We don't know the outcome, if the bet wins, it is fine and if things take place in the opposite way entire life gets disturbed.

There is difference in making bets with own money beyond our life needs and money taken as loan for the purpose of betting. I've experienced it in real life and so I suggest no to do it. Here's the story of me taking a loan and ending with debts Be A Responsible Gambler

It was only a sportsbet anyway and he can have an extra chance of winning than he will be using the money in a game of luck or in casino games plus he have some info's with him that can surely help him to secure the win. Most of us have jobs to live, so the guy also has one. He can use his salary to pay for the loans.

On some jobs there are benefits and he can take an early loan from those benefits. He can also use that money to pay for his other loans. There is no person that will take a loan if he know's that he doesn't have any source of income to pay it because he will be in trouble or there is no way that he will be allowed to take the loan.

Banks would be very happy to cater your request if your finances are somewhat established and you have something in your possession that can work out as a collateral to your loan. If you're certain your bet is going to win, go for it, but alway remember that most of the time, loans that are used in gambling go bust, and the borrower ends up being broke and depressed, looking for ways to repain the said loaned amount. That should already deter you from executing your plan, but it's still your decision anywa.

People have definitely done things like this and nine out of ten, if not all the time, regret making such an unwise decision. This is almost same as deciding to borrow money to trade.

I'm not eliminating the possibility of fixed sports bet games, but If you come across a fixed game, you may still try it...but the best advice is take such a risk with your own money! why borrow money that someone may want to use for something important and then you borrow it with the intention of wanting to gamble with it on some so called fixed games, this is an abuse of relationship to me. If you must borrow money, borrow for very important cases and use, not to gamble...it reeks of irresponsibility.

I just read LOAN + BET in the same sentence?

NO !!
Never take loans for a bet, trying to place your money in luck by chance senario and losing it would be your biggest mistake, it shows that you do not have money for the bet it to loose those much amount therefore you must understand that you don't want to be in a debt if this goes wrong.

I have never done it and would never do it as well!! It's not healthy gambling if it's not responsible.

In this case it all comes back to what you want but obviously this is something that has risks and I can say this is tantamount to burying yourself.
Borrowing money just to bet is not wrong but in this case the result is most likely 50:50 even smaller than that for the win ratio because it is clear that losing is a big one in sportsbet betting though.
For personal money, maybe I will not forbid things like this provided you are able and ready to lose that much money, but with a loan, you have already lost that much money, you will also be chased and demanded to return then this is definitely not worth it.

Taking a loan for a sports bet is extremely risky except you have a very reliable proof that you would win. I even doubt if there are anything called reliable guarantee that a game or number would play. Loans a better used for investment and not for try your luck scheme like gambling. The best advice is that you play with what you have so that when you loose you can be able to bear the loss. If you loose the money you borrowed, it might lead to depression and other health challenges.