taking out a loan for a sports bet - page 9.

lienfaye

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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

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.

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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 don't have experience taking out a loan just to gamble , but for sure if you take a loan with such amount of money, you need to pass more documents first to see if you are eligible for the loan that you're requesting to them. And it will not take too long if they already saw that you're eligible , probably 2-3 days is enough.

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Quote from: Maus0728 on June 05, 2022, 12:47:43 AM

I'm afraid it's a recipe for disaster that you'll live to regret for the rest of your life.

He wouldn't even have a life if the lender finds out he bets the money and loses. But maybe if he won, it wouldn't be that bad.

Quote from: Maus0728 on June 05, 2022, 12:47:43 AM

I mean who the heck will borrow a huge sum of money in exchange for a probabilistic return. People who insist in taking out loans or borrowing even a small amount of money from their relatives really doesn't make sense. Also, if you don't know how you can pay your loans when you lose, you are better off robbing a bank or that person you have borrowed money from.

Exactly! Who would lend that much in today's economy? Normally, the lender will look for guarantor and check the background of the loaner before he'd be approved so its not really easy toget that much of a money and then bet the next day.

Maus0728

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I'm afraid it's a recipe for disaster that you'll live to regret for the rest of your life.

I mean who the heck will borrow a huge sum of money in exchange for a probabilistic return. People who insist in taking out loans or borrowing even a small amount of money from their relatives really doesn't make sense. Also, if you don't know how you can pay your loans when you lose, you are better off robbing a bank or that person you have borrowed money from.

virasisog

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Loaning isn't that easy because there are still documents and collateral that you have to comply with. It's also not a good idea to risk your assets just to have enough funds for gambling. If I were you, I would save and allocate enough funds for gambling than borrowing just to pursue it. There's no guarantee that you could win since gambling is mostly based on luck. You might have a hard time paying if ever you won't get lucky on it.

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Quote from: Saisher on June 04, 2022, 11:23:04 PM

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 way if you're going to take a loan and tell the lender what's the purpose of the loan, gambling has no guarantee of return, and asking for a loan to bet is a huge mistake that any gambler can commit, I would not even think of getting a loan for that, and unless you are 100% sure of the win which is nonexistence in gambling unless it is fixed.

Actually, there are more factors that the lender will require the borrower when asking for a loan. One of the most important factor that they'll ask is collateral especially for loaning that amount and has no previous transaction from the bank that you're loaning from. If you will be able to provide a collateral has more value from your loan such as assets, cars, property and more then they'll approved it whatever reason for it.

Saisher

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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 way if you're going to take a loan and tell the lender what's the purpose of the loan, gambling has no guarantee of return, and asking for a loan to bet is a huge mistake that any gambler can commit, I would not even think of getting a loan for that, and unless you are 100% sure of the win which is nonexistence in gambling unless it is fixed.

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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 very much are in doubt over whether or not someone would give you such a large loan just to gamble it all on a bet. How reliable do you think your information is going to be? Not really a smart idea, I would advise against it. And even if you did go through with it, how do you convince anyone to loan you money for gambling unless you have large collateral?

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Taking a loan is not easy for someone, especially if it is to place a bet because we don't know how valid the data we get is.
Even if you feel confident with the information you have, it does not guarantee you will get a win because the match situation can change at any time.
It's better not to take a loan and only use the money you can afford to place bets but there may also be people who take loans to place bets even though it's not recommended.
We can only advise you not to take out a loan but then it's up to you.

Kemarit

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Quote from: Beparanf on June 04, 2022, 07:42:45 PM

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

It's ok if you are financially stable and can cover the loan payment once your bet is loss. The money you are planning to risk is too huge for a loan just for placing bets.

I know some players taking out loan for sports betting purposes but the amount is just small and they have fixed income to cover the payemnent if ever there bet lose. Assess first if the risk is worth it or you are just purely gambling because you will suffer huge debt plus loan interest if your bet lose.

On the contrary, if you are financially stable then why you have to take a loan just to gamble? doesn't make sense? maybe he doesn't want to used his money to gamble though? But still that seems to be illogical.

Yes, I would agree, it depends on the amount of loan to gamble. And everyone here should know there's limits and so they will know how much money they can take out as loan.

cabron

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Its not easy to take a loan that big. A loving father will not even give you that amount when they feel like they don't see how you can repay it. Either you will present then a business proposal convincing enough or a collateral twice the value of the loan.

How sure are you going to win this soccer match? If you have the inside information of this fix match, maybe you can sell some of you asset and buy it back after.

Despairo

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Taking a loan is easy if you have a valid collateral and full information about your identity, that's what banks demand when you want to taking a loan. You could get a loan from online loan, the requirement is very easy and you will be credited quickly, but the bad thing is they could scam you or high interest. I have never taking a loan for betting, because my gambling rule is use the amount that you can afford to lose.

Beparanf

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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

It's ok if you are financially stable and can cover the loan payment once your bet is loss. The money you are planning to risk is too huge for a loan just for placing bets.

I know some players taking out loan for sports betting purposes but the amount is just small and they have fixed income to cover the payemnent if ever there bet lose. Assess first if the risk is worth it or you are just purely gambling because you will suffer huge debt plus loan interest if your bet lose.

Dave1

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I will echo the sentiments here, maybe a loan of $100 might be something that a gambler can take. But $100k? damn, that's too big a money to gamble and take the risk. And it's either you go to the bank or a loan shark, still the big question is what if didn't turn out to be as plan? It can totally ruin you unless you have something to pay or have a big collateral. This is the worst idea in gambling. As what we have said here, just gamble what you can afford to lose.

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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

Taking a loan to do betting is not a good idea. You are taking a loan because you do not possess that amount to bet. Now if you lose that bet, you will still have to repay that loan. How will you repay when you have no money, Shocked

I have seen people going into depression and doing illegal things only to repay their debts. Do not be over optimistic that you will win the bet and that everything will be good. Things could turn out in the opposite direction as well.

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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?

Don't mind that information or special tip you have there but instead, ask yourself if you can able to pay that kind of amount in the event of a loss?

You should have Plan A, Plan B, and Plan C for unexpected results and not just you are really sure about your bet. Personally, I will never create a problem over a problem. Testing the waters is good but taking risks isn't an easy decision that you will just take.

And prior to that betting, do you even qualify for that loan amount?

Harkorede

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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

Taking a loan to bet is simply not a good thing to do, but it's more terrible that you're willing take such risk based on some information which definitely might not be true (most likely not going to turn out well).

Having to take a loan to place a bet also indicates that you can't afford to lose to the money doesn't matter if you're expecting some money from salary/someone or whatnot, and the first ethical rule of gambling is, only bet with what you can afford to lose.

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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

That is too risky mate. You don't hold any assurance that your bet will definitely win, or if someone has assured you, i don't think he'll still be responsible once you lose that huge amount. Think a hundred times. You can bet but make sure to put only money that you can afford to lose. Taking loans either for investment or gambling may only make you face into future troubles once they did not turn well. Once you lose, you will surely struggle how to pay it back, even its monthly interest is still very big so i wouldn't let it happen to me in case.

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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

Only you can answer if it's about a loan if you don't have an existing loan with a good business and a clean record you can get a loan just don't or never mention that you're going to use it to bet or gamble, you will be turned down right away, I don't know what kind of information you've got, but you know there's such a thing as fake information and you'll going to get yourself in big trouble, if it turns out to be fake information, my advice to you is don't do it, or you'll going to regret it.

sunsilk

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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 will I'll never do.

Even if I've got an information and there's an insider, you'll never be sure with the source of that information you've heard. Well, this is you and it's your idea and you should have a good record if you're going to take a loan from someone or even in the banks and any financing institution.

It's better to don't use loaned money for your bets. If you lose, what's next? You'll blame yourself or that source you've got because you're too confident of betting with such amounts and you have to pay that loan with interest. Think again OP!

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