taking out a loan for a sports bet - page 8.

AmoreJaz

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Quote from: Bitinity on June 06, 2022, 03:28:52 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

No one will lend you that much if you have no collateral worth more than what you are looking for. No one will even agree with your plan to get a loan for gambling purpose. If you dont have much money, bet with the money you have in your own wallet only. I have no idea why you have such crazy plan, even if you are so sure that you will win the bet but it is not wise to gamble with loan money.

here in the forum, i don't think someone will loan you that amount of money, let alone, it is for betting or gambling. maybe, there is a chance to get a loan but yes, you should have collateral or something to offer in return. even if you say your tipster is a very credible one. you can never say you are 100% sure with the outcome, up until the game is over.
so yeah, better be happy to bet what you have, don't aim too high, because you may fall hard. or if you badly want to bet big, take a loan from your bank or any close family or friend. let us see how fast you can get that money and how long you can get them paid in full.

Bitinity

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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

No one will lend you that much if you have no collateral worth more than what you are looking for. No one will even agree with your plan to get a loan for gambling purpose. If you dont have much money, bet with the money you have in your own wallet only. I have no idea why you have such crazy plan, even if you are so sure that you will win the bet but it is not wise to gamble with loan money.

swogerino

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Taking out a loan for gambling,whatever the case it is,for me it is never recommended.If you know some good information like you are saying bet with the amount you already have and whatever the outcome of this game you won't risk to get into debt.There is nothing sure in sport betting even when someone promises you information about a certain event.For me any time I took loans to gamble it ended in the worst possible way,losing all that money and accumulating more debt overall.

In normal conditions in an European bank to get that amount if you are decided and convinced to do so it will take a minimum of 2 to 5 days for the bank to grant you the loan.

Oasisman

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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

Man, i have never experienced taking out loan to use it to bet. That amount is quite huge, the timeframe to complete the loan depends on where you take out the loan.
Say for example, you apply for a loan in your local bank, that for sure will consume 2-3 business days for that amount to complete their customer intelligence background check.

However, taking out loan to use it for gambling is not advisable, but still that depends on your risk appetite. It's not easy paying out loans which the money lost in a snap of a finger.

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Quote from: blockman on June 05, 2022, 05:24:20 AM

Others are saying it depends but despite any dependency and chances of any possibility, I'd say that just don't do it. You'll regret it if you lose and if you win then you're lucky.
But just don't do it if it's not your money, that's the basic rule that one can take into his mind whether it's trading or gambling. Just use your own money for any of those sakes but if it's not yours and you're coming to that point, you'll see the negative effect of it if things didn't go according to what you've planned and the fate isn't with you.

There will only be two possibilities that we will get from gambling, namely winning and losing and if we are lucky, we will win, regardless of how much money we win. But before starting gambling, we should think about how much money we will use to gamble and never cross the limits that we have set. No one recommends borrowing money from anyone because it will burden us, especially if we lose. After all, we have to return our borrowed money. It would be better to use the money we have because we will not have the burden of returning the borrowed money.

joeperry

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This is only my personal opinion about this. I think taking a loan so just you can just place bet is very risky not unless you are 100% sure that the match on where you are going to place bet is going to win, just imagine taking a loan around 50k-100k and you lose. You are going to pay those loan plus the interest.

But if you have spare money that you can afford to lose, even how big or small it is I think that it is worth trying your luck but taking a loan, is a big no for me.

Jody.Drummer

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I wouldn't do that, any bet on any loan would obviously have a buildup of debt that destroys everything. I don't know what you think when you take out a loan to fulfill your bet so you are sure to win? What if the loan yield gets bigger when you continue to lose money?

If you want to bet why not use personal money? If you can't get enough of big bets, why not just use small money to bet? If this is weighing you down, I suggest you stop thinking that borrowing for bets is not a gambler's solution.

Boristhecat

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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

There is nothing more stupid than borrowing, even if only to bet on match-fixing. Firstly, you cannot be sure of the accuracy of your information, secondly, even a match-fixing may, for various reasons, end with an unexpected result, and thirdly, you can risk (and this is clearly a risky business) only with your own money. And by the way, a large bet size attracts the attention of bookmakers, so the more money you bet, the greater the chance that the result of the game will be canceled and all bets will be returned.

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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,

Sounds like you got some kind of an insider or match fixing information that's why you're willing to bet an amount outside of your normal range. Did a friend of yours invited you into this? You can still make use of that info but I suggest you stay with the usual amount you bet. Less stress if it turns out to be wrong and still a profit if it turns out correct.

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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,

Know the risk of placing gambling bets, a budget of $50-100 thousand, can make you rich, if you win, you lose you can go crazy.

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

how easy would it be for me to take out a loan and how long would it take?

Depending on where you borrow and the loan term agreement with the lender for you.

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

has anyone else done something like this?

Don't know.

My advice, try to make a bet with the money you have, a loan is not a good idea to gamble, the risk is greater than expectations.

Ulven

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The rule of never using a loan to fund your gambling is one that many gamblers don't understand early on!!! While gambling can be a fun and exciting past time, it can also be extremely addicting. If you think that you have developed a gambling addiction, seek help before your debts get out of control.

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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 want to borrow money just to bet, you should look and remember your previous footsteps when betting, do you often win or always win when betting with your own money?
and if you often lose when betting and want to apply for a loan to bet and for whatever reason it's very silly, because when you bet with your own money you always lose.
it only makes you suffer, already suffering will destroy you. Think carefully before you regret and reflect before doing it.

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Quote from: ethereumhunter on June 05, 2022, 02:28:11 AM

We do not recommend anyone or anyone else take out a loan just to place a bet because it can be risky. We never know what will happen with the match and if we lose, there is a possibility that we will find it difficult to repay the loan money, especially if we have no income. So we better avoid it and don't spend more money on betting. That way, we can also avoid big losses to have money for other things still.

Others are saying it depends but despite any dependency and chances of any possibility, I'd say that just don't do it. You'll regret it if you lose and if you win then you're lucky.
But just don't do it if it's not your money, that's the basic rule that one can take into his mind whether it's trading or gambling. Just use your own money for any of those sakes but if it's not yours and you're coming to that point, you'll see the negative effect of it if things didn't go according to what you've planned and the fate isn't with you.

Fortify

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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

This is truly a terrible idea and it is highly unlikely that anyone will lend you money for such a purpose. You probably have already tried to take a loan out if you made it here and you'll never see "for gambling" as an acceptable loan purpose when you look through all the options. I've seen bets lose that were 1.01 which pretty much represents you are guaranteed to win at that point (you make 1% or 1/100 from placing such a bet). Never is sure fire and it is not a sliding scale - you lose everything if it goes the wrong way. Why would anyone lend you such an amount, when you could simply declare bankruptcy the next day if it doesn't go your way? If you want to bet such amounts then you should realize how hard it is to save up such an amount.

romero121

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You've made a good win out of your previous bets. During the month of January you've won a big amount of $550k+ out of sports betting. That shows you're good with your match predictions, but going for a loan to make a bet isn't necessary. Out of the massive win you can go for a bet with 10% of the amount won. Going for a big bet and making a win might end you to be on the Stake team.

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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?

You should be specific and tell us what kind of information you receive is it a fix or just a good tip, if you are going to place a bet it should be on something you are comfortable losing and never take a loan to gamble it will ruin your finances

Quote

feel free to message me or comment below

What's the purpose of messaging you or what do you mean send you a message.

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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

I guess that you shouldn't ask for a loan for do a bet. This is really risky and puts you in a position that, if you lost this bet, you're ruined. I guess that you should bet what you can afford to lose, no more. But anyway, if you

need a loan, I guess that bank will not give it to you if you tell them that is for a bet Grin

. Anyway, ask to a familiar if he/she can help you, a private loan would be the best solution for you.

yahoo62278

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Where would you be seeking this loan from? No one on here would loan you that amount without adequate collateral. I also doubt any bank will give a loan of that size without collateral.

Let's assume you got this loan though, and the team you bet on didn't cover for you. What then?

erep

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Quote from: lienfaye on June 05, 2022, 01:07:23 AM

How certain are you with the information you get to risk a huge amount? Regardless of how accurate it is, taking loan for gambling is not a good idea. What if the result is not what you expected it to be? Plus its not easy to take loan with such amount (assuming you'll take loan in banks) because they are strict and will evaluate if you're capable to pay it back.

Using loan funds is not recommended for gambling even though it can measure the potential victory of the soccer team you choose, but in the end not all predictions are correct because in soccer betting sometimes conditions can change beyond expectations, such as a popular soccer team has been defeated by mid-rated soccer team, we can see evidence in the history of all football matches this season.

ethereumhunter

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We do not recommend anyone or anyone else take out a loan just to place a bet because it can be risky. We never know what will happen with the match and if we lose, there is a possibility that we will find it difficult to repay the loan money, especially if we have no income. So we better avoid it and don't spend more money on betting. That way, we can also avoid big losses to have money for other things still.

Topic: taking out a loan for a sports bet - page 8. (Read 5337 times)