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Topic: taking out a loan for a sports bet (UPDATE) + fixed match (Read 1828 times)

sr. member
Activity: 2324
Merit: 454
This is the reason I have not preferred to leand money from bank, also other places like online lenders, they have high interest rate and the longer the time the money is not paid, the more the interest. It is highly unwise to borrow money from bank to gamble.
I also try not to borrow money from the bank. I once got an offer from the bank by paying a small interest for a long time but after I recalculated, I found that the refund amount was bigger than the amount I borrowed. That's why I don't like to borrow money from the bank because the bank will get a very large profit from that interest.

That is if they will gamble without any experience and will only try their luck for the last time but for the op, he seems very confident to win the game because he got an insider info. He can try to take a loan and see if he can double or triple the money in an instant. He just want to make sure that he will pay the loan that he take immediately before he spend the money again in gambling because his luck may not be the same as last time.

For those who loan and use the money on other things and not in gambling, I think that's more better because they will surely see what they spent not unlike to gambling where there's no guarantees.
But the risk will still be there, whether he can win the match or he loses later. And I think he can get a loan easily, but he must be able to make sure that he can return the loan no matter what results in he gets later. Many of those people did not think about how they could repay the loan money. But they should think again if they want to use the borrowed money to play gambling because they will have a greater risk of losing.

Loaning from the banks will really cost you so much because they have high interest rate. Most of the time, the money they lend you will even be lower than the interest you are going to pay especially if you plan to play with long duration.

Regarding loaning just for the sake of gambling, it's really risky. Because despite having a tip of a fixed match, there's still a possibility that you'll lose if the tip turns out false. And if that happens, you'll lose the money you borrowed instantly. If ever someone plans to borrow money to bet, they must ensure that they can pay the amount regardless of the outcome of the bet. Otherwise they might face so many troubles later on.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
This is the reason I have not preferred to leand money from bank, also other places like online lenders, they have high interest rate and the longer the time the money is not paid, the more the interest. It is highly unwise to borrow money from bank to gamble.
I also try not to borrow money from the bank. I once got an offer from the bank by paying a small interest for a long time but after I recalculated, I found that the refund amount was bigger than the amount I borrowed. That's why I don't like to borrow money from the bank because the bank will get a very large profit from that interest.

That is if they will gamble without any experience and will only try their luck for the last time but for the op, he seems very confident to win the game because he got an insider info. He can try to take a loan and see if he can double or triple the money in an instant. He just want to make sure that he will pay the loan that he take immediately before he spend the money again in gambling because his luck may not be the same as last time.

For those who loan and use the money on other things and not in gambling, I think that's more better because they will surely see what they spent not unlike to gambling where there's no guarantees.
But the risk will still be there, whether he can win the match or he loses later. And I think he can get a loan easily, but he must be able to make sure that he can return the loan no matter what results in he gets later. Many of those people did not think about how they could repay the loan money. But they should think again if they want to use the borrowed money to play gambling because they will have a greater risk of losing.
hero member
Activity: 2912
Merit: 627
Vave.com - Crypto Casino
Make a compilation of it on the first page and try to make it organized.
I second this your particular idea. To make it more convincing he should include his play ticket also. Although, no matter how legit and authentic the source or insider might be, I won't support the idea of taking a loan to bet. I will personally maximize my stake with some of my savings depending on how I feel about the game but definitely not taking loan.
If it's just a small amount of savings, just don't go that far if you happen to use it. But honestly, it's better than taking a loan but for me, if ever I'm into this situation. What I'll do is only spare money and that is where I should start and take it or leave it depending on the outcome.
So, there's no hard feelings on that if I lose, that's totally fine and if I win then I'll grow it then until I get back that spare money that I've used but using a loan, never.
hero member
Activity: 2926
Merit: 722
Its really a big mistake and people should really be that mindful whenever they do have some loans specially on paying it back so that they wont really be end up on a big debt or much deeper problems later on.

Taking out some loan just for you to gamble is really a big risk thing to take on someone specially if you dont have any others sources or way for you to repay back those loans or debts.

Fixed matches information arent real most of the time or cases because these information cant really surface out easily or legitimately thats why dont ever believe that there are ones
who do claim out.
Yes, it will cause problems if they take loans just to play gambling. But some people take loans, say to the bank, they use the loan money for urgent needs, but they will not use all of it, while they will use the rest for other things. From here, they will see that there is free money and end up using some money to gamble.

So taking out a loan might be risky but if they believe in what they are doing and can pay back the loan, I think they can move on. But as much as possible, avoid borrowing money before we realize the risks, especially if it's for gambling.
That is if they will gamble without any experience and will only try their luck for the last time but for the op, he seems very confident to win the game because he got an insider info. He can try to take a loan and see if he can double or triple the money in an instant. He just want to make sure that he will pay the loan that he take immediately before he spend the money again in gambling because his luck may not be the same as last time.

For those who loan and use the money on other things and not in gambling, I think that's more better because they will surely see what they spent not unlike to gambling where there's no guarantees.
You would really be that confident once you do hear off or getting some fixed matches information and you do really convinced yourself that those informations were real and legit but totally not really an assured

thing which i have said that gaining or getting these information isnt really something that would surfaced out easily.If you do believe on that way and make some all-in type of bet then you are really that risking

your entire life with that in terms of finances.If you do win then that would be a huge profit but if you do lose then you would really lose everything.Taking up some loan for the benefit on having something to bet
on is really just suicide or dumb decision to be done by someone.
hero member
Activity: 3010
Merit: 604
It's good that afterwards, he realized that it's not good and things like this should not be backup or be followed.

Even though OP now decides to use his money instead and not take a loan, it doesn't change the fact that OP is still relying on those fixed match information.

Since OP also records a winning, it will create a thing in his mind that the fixed match information is legit, real, and accurate. After a series of more winnings, he might again think of getting a loan to increase his bets as he will surely regret that if only his bet is large, he might be able to earn more.

I hope not.

OP seemed even regretful because he has not placed a large bet on the first game since the game won easily. So most likely, he will eventually take a loan in the next games and place a large bet hoping that these games will favor his side and give him big profits. I just hope his decisions will never put him into frustration and depression later on as he still want to follow those fixed match information even though the real fact is no one can rightly predict the gambling outcome.
sr. member
Activity: 2520
Merit: 329
Its really a big mistake and people should really be that mindful whenever they do have some loans specially on paying it back so that they wont really be end up on a big debt or much deeper problems later on.

Taking out some loan just for you to gamble is really a big risk thing to take on someone specially if you dont have any others sources or way for you to repay back those loans or debts.

Fixed matches information arent real most of the time or cases because these information cant really surface out easily or legitimately thats why dont ever believe that there are ones
who do claim out.
Yes, it will cause problems if they take loans just to play gambling. But some people take loans, say to the bank, they use the loan money for urgent needs, but they will not use all of it, while they will use the rest for other things. From here, they will see that there is free money and end up using some money to gamble.

So taking out a loan might be risky but if they believe in what they are doing and can pay back the loan, I think they can move on. But as much as possible, avoid borrowing money before we realize the risks, especially if it's for gambling.
That is if they will gamble without any experience and will only try their luck for the last time but for the op, he seems very confident to win the game because he got an insider info. He can try to take a loan and see if he can double or triple the money in an instant. He just want to make sure that he will pay the loan that he take immediately before he spend the money again in gambling because his luck may not be the same as last time.

For those who loan and use the money on other things and not in gambling, I think that's more better because they will surely see what they spent not unlike to gambling where there's no guarantees.
sr. member
Activity: 1722
Merit: 309
Leading Crypto Sports Betting & Casino Platform
snip...

- In my opinion, you did the right thing to follow the advice of others not to take out a loan just to get a large amount, and because you
  followed that advice for you, it is a big regret because if you would not listen to the advice to you and you made money, I hope you won
  more. It seems like that's what you said before according to my understanding of your story.

  Then now you're looking for other bettors who will bet bigger so you can get a bigger win, that's what you want to happen, but do you know
  that it's just a game of luck and you just realized that you won that time. So the risk of you thinking that is quite high even with a gambler
  that you are looking for in that matter as well.
That it looks like someone is trying to fool us. I know that some people, gamblers are not being that bulgar to show that they are profiting in that strategy. I have no clue but something it was trying to put bait on greedy people and become a victim of their greediness. I couldn't assume or maybe I was wrong but just like what you are thinking now, OP is trying to trick us and pretending that he is okay and earning from betting fixed matches and acted of having an insider to give OP a huge chance to win.
hero member
Activity: 868
Merit: 1094
It is very important to remember that this is an unbreakable rule, for example I have read cases of very talented poker players that made a lot of money during their professional careers but they were not very good when it came to managing their money and as such many times they found out themselves in economic difficulties and they borrowed money from the banks in order to gamble, and even if they were good at some point things did not went according to plan and their economic situation got even worse.
I have read about people that were once rich before but they were no more rich later, some can be linked to gambling, because some people had a luck day or time and won big, instead to divert the money won to business, they use it to gamble and expecting more return, it later lead to borrowing in bank and the opportunity later turned to brokenness.

Banks as lenders will be careful if anyone borrows because they will get interest income on the loan so they continue to provide attractive offers to people who need money. If the borrower reasons to delay the payment, the bank will easily confiscate the collateral until the person can pay the loan money. This is the difficulty that must be faced by money borrowers who want to borrow money from the bank because if they have no income, they must have money to return and they also have to make ends meet. This is why it is highly discouraged for people who want to borrow money from the bank not to do so because returning the money can be difficult for them.
This is the reason I have not preferred to leand money from bank, also other places like online lenders, they have high interest rate and the longer the time the money is not paid, the more the interest. It is highly unwise to borrow money from bank to gamble.
legendary
Activity: 2954
Merit: 1050
Leading Crypto Sports Betting & Casino Platform
Yes, it will cause problems if they take loans just to play gambling. But some people take loans, say to the bank, they use the loan money for urgent needs, but they will not use all of it, while they will use the rest for other things. From here, they will see that there is free money and end up using some money to gamble.

So taking out a loan might be risky but if they believe in what they are doing and can pay back the loan, I think they can move on. But as much as possible, avoid borrowing money before we realize the risks, especially if it's for gambling.
Actually gamblers can say anything they want to the bank to justify a loan, but the bank doesn't care their reasons at all. The only thing what matters for the bank is if the borrower has a collateral, so they can go after him in case the loan isn't paid back. Gamblers need to learn bank wins on long run, exactly like casinos also win on long run. That is an immutable and essential gambling rule. Everyone who ignores this fact ends very badly.

To borrow money to bet is one of the most stupid ideas someone can put in practice, because the effect achieved is exactly the opposite of the effect desired.
It is very important to remember that this is an unbreakable rule, for example I have read cases of very talented poker players that made a lot of money during their professional careers but they were not very good when it came to managing their money and as such many times they found out themselves in economic difficulties and they borrowed money from the banks in order to gamble, and even if they were good at some point things did not went according to plan and their economic situation got even worse.

Damn right! Even how good you are but if you don't know how to manage your finances, you'll always see yourself ending up broken when you are involve into gambling, most of the time the person who earn a huge amount of money while playing will spend the amount as if it's an unlimited and they can keep winning more.

Using the money in every luxurious way of lifestyle, not realizing that with just one mistake, they will end up doing more.

Loaning/borrowing money will be an added problem if you have that same system inside. You will suffer from heavy debts as you miss-manage your finances.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
Actually gamblers can say anything they want to the bank to justify a loan, but the bank doesn't care their reasons at all. The only thing what matters for the bank is if the borrower has a collateral, so they can go after him in case the loan isn't paid back. Gamblers need to learn bank wins on long run, exactly like casinos also win on long run. That is an immutable and essential gambling rule. Everyone who ignores this fact ends very badly.

To borrow money to bet is one of the most stupid ideas someone can put in practice, because the effect achieved is exactly the opposite of the effect desired.
Banks as lenders will be careful if anyone borrows because they will get interest income on the loan so they continue to provide attractive offers to people who need money. If the borrower reasons to delay the payment, the bank will easily confiscate the collateral until the person can pay the loan money. This is the difficulty that must be faced by money borrowers who want to borrow money from the bank because if they have no income, they must have money to return and they also have to make ends meet. This is why it is highly discouraged for people who want to borrow money from the bank not to do so because returning the money can be difficult for them.

Gamble just for fun and dont ever intend to have that kind of mindset that you could really make yourself rich with gambling and since you dont have that kind of capital
then this is the time you would be considering on taking up a loan and make use of it and believe that you could really be able to pull off some wins which is really totally wrong.
Its true that its none of our business if ever we do make out decisions on taking up some loan for some purposes which is totally right but it is really just cant able to avoid
not to make out some words or to say up against it specially if we are aware on where those funds would be gonna used.
Yes, I agree with those of you who make gambling a tool for fun so that it will not give us trouble later. And when we want to borrow money, we better use it for useful things and never use the money for gambling. Of course, we want to do something with the money and if we think more about our existing business and want to develop it with the borrowed money, I believe our business can grow even more. And even though we gamble, we don't use the money because we are more concerned with other important things.
legendary
Activity: 2492
Merit: 1332
Yes, it will cause problems if they take loans just to play gambling. But some people take loans, say to the bank, they use the loan money for urgent needs, but they will not use all of it, while they will use the rest for other things. From here, they will see that there is free money and end up using some money to gamble.

So taking out a loan might be risky but if they believe in what they are doing and can pay back the loan, I think they can move on. But as much as possible, avoid borrowing money before we realize the risks, especially if it's for gambling.
Actually gamblers can say anything they want to the bank to justify a loan, but the bank doesn't care their reasons at all. The only thing what matters for the bank is if the borrower has a collateral, so they can go after him in case the loan isn't paid back. Gamblers need to learn bank wins on long run, exactly like casinos also win on long run. That is an immutable and essential gambling rule. Everyone who ignores this fact ends very badly.

To borrow money to bet is one of the most stupid ideas someone can put in practice, because the effect achieved is exactly the opposite of the effect desired.
It is very important to remember that this is an unbreakable rule, for example I have read cases of very talented poker players that made a lot of money during their professional careers but they were not very good when it came to managing their money and as such many times they found out themselves in economic difficulties and they borrowed money from the banks in order to gamble, and even if they were good at some point things did not went according to plan and their economic situation got even worse.
hero member
Activity: 980
Merit: 957
~snip~
Gamble just for fun and dont ever intend to have that kind of mindset that you could really make yourself rich with gambling and since you dont have that kind of capital
then this is the time you would be considering on taking up a loan and make use of it and believe that you could really be able to pull off some wins which is really totally wrong.
Its true that its none of our business if ever we do make out decisions on taking up some loan for some purposes which is totally right but it is really just cant able to avoid
not to make out some words or to say up against it specially if we are aware on where those funds would be gonna used.

One of the issues with problem gamblers is that part of the fun is the idea that they will become rich by gambling, that's the whole point.

And the thing is that some people actually have become rich by gambling, like Australian professional gambler David Walsh.

But even he has said that it's all just luck and feels a bit bad about the whole thing, so he created the Museum of Old and New Art (MONA) with the profits of his gambling.
hero member
Activity: 2926
Merit: 722
Its really a big mistake and people should really be that mindful whenever they do have some loans specially on paying it back so that they wont really be end up on a big debt or much deeper problems later on.

Taking out some loan just for you to gamble is really a big risk thing to take on someone specially if you dont have any others sources or way for you to repay back those loans or debts.

Fixed matches information arent real most of the time or cases because these information cant really surface out easily or legitimately thats why dont ever believe that there are ones
who do claim out.
Yes, it will cause problems if they take loans just to play gambling. But some people take loans, say to the bank, they use the loan money for urgent needs, but they will not use all of it, while they will use the rest for other things. From here, they will see that there is free money and end up using some money to gamble.

So taking out a loan might be risky but if they believe in what they are doing and can pay back the loan, I think they can move on. But as much as possible, avoid borrowing money before we realize the risks, especially if it's for gambling.
Gamble just for fun and dont ever intend to have that kind of mindset that you could really make yourself rich with gambling and since you dont have that kind of capital
then this is the time you would be considering on taking up a loan and make use of it and believe that you could really be able to pull off some wins which is really totally wrong.
Its true that its none of our business if ever we do make out decisions on taking up some loan for some purposes which is totally right but it is really just cant able to avoid
not to make out some words or to say up against it specially if we are aware on where those funds would be gonna used.
hero member
Activity: 980
Merit: 957
~snip~
I second this your particular idea. To make it more convincing he should include his play ticket also. Although, no matter how legit and authentic the source or insider might be, I won't support the idea of taking a loan to bet. I will personally maximize my stake with some of my savings depending on how I feel about the game but definitely not taking loan.

Yeah, taking a loan and then losing puts you deep into negative territory, whereas losing your savings at least keeps you positive, so it's not that bad when all is considered.

I wouldn't be comfortable betting with a loan.
member
Activity: 700
Merit: 30
Make a compilation of it on the first page and try to make it organized.
I second this your particular idea. To make it more convincing he should include his play ticket also. Although, no matter how legit and authentic the source or insider might be, I won't support the idea of taking a loan to bet. I will personally maximize my stake with some of my savings depending on how I feel about the game but definitely not taking loan.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Yes, it will cause problems if they take loans just to play gambling. But some people take loans, say to the bank, they use the loan money for urgent needs, but they will not use all of it, while they will use the rest for other things. From here, they will see that there is free money and end up using some money to gamble.

So taking out a loan might be risky but if they believe in what they are doing and can pay back the loan, I think they can move on. But as much as possible, avoid borrowing money before we realize the risks, especially if it's for gambling.
Actually gamblers can say anything they want to the bank to justify a loan, but the bank doesn't care their reasons at all. The only thing what matters for the bank is if the borrower has a collateral, so they can go after him in case the loan isn't paid back. Gamblers need to learn bank wins on long run, exactly like casinos also win on long run. That is an immutable and essential gambling rule. Everyone who ignores this fact ends very badly.

To borrow money to bet is one of the most stupid ideas someone can put in practice, because the effect achieved is exactly the opposite of the effect desired.
sr. member
Activity: 742
Merit: 282
Hi everyone, about a month ago I made a post about having insider info for a soccer match and I asked the community what the best way was to take out a large loan. I had a lot of people advise me not to do so, so I took your advice and didn't take out a loan, instead I just placed the amount I already had in my account.


Anyway, the bet won easily so I couldn't help but feel like I should've taken out the loan... Sad

I wanted to share a match on here in case anyone wants to follow along, I'm unable to place a large bet on this so I'm hoping someone else takes advantage. I hope this isn't against any community guidelines.


FINLAND
Ykkonen

11:30 AM ET

Jaro vs Ekenas

Asian Total
Over 3 @ 2.14


1st Half - Asian Total
Over 1 @ 1.65



match link: https://www.flashscore.com/match/vFo3COwn/#/match-summary
telegram: bigchancegoal

- In my opinion, you did the right thing to follow the advice of others not to take out a loan just to get a large amount, and because you
  followed that advice for you, it is a big regret because if you would not listen to the advice to you and you made money, I hope you won
  more. It seems like that's what you said before according to my understanding of your story.

  Then now you're looking for other bettors who will bet bigger so you can get a bigger win, that's what you want to happen, but do you know
  that it's just a game of luck and you just realized that you won that time. So the risk of you thinking that is quite high even with a gambler
  that you are looking for in that matter as well.
hero member
Activity: 2856
Merit: 541
Leading Crypto Sports Betting & Casino Platform
let him be because it is His decision and this is His money to spare , loan or not? it is His part and his obligation in the future .

But I am not respecting a loan for a gambling that is what my decision is.
This is what we can do for him. Let him make his own decisions because we have given him the best advice by not taking borrowed money if the borrowed money is only for gambling. He will suffer the consequences later if he ends up taking the loan; if he loses, he will also have to settle it. Taking a loan to play gambling is risky because there is no guarantee that we will win and can return the loan using the winning money.
And this is not the only risk, once you take a loan to gamble even if you happen to win this will in a way make such behavior normal in your mind, so the next time you find yourself in the same position then you will be more inclined to take the loan, and as long as you repeat this behavior then you will eventually get unlucky and find yourself in the difficult position of not having any money plus owing a loan, which could lead such person to look for yet another loan to try to dig themselves out of this difficult situation.
We might add that many people will not think about how they will pay back the borrowed money; even when they win, they don't return the money immediately and instead use it to gamble again. Borrowing money to gamble is a mistake they must realize before it's too late because, in the end, if a loss comes to us while we are not prepared for it, we can be stressed and frustrated. And if it is so, we can use any means to have more money to gamble and even use illegal ways to have money.
Its really a big mistake and people should really be that mindful whenever they do have some loans specially on paying it back so that they wont really be end up on a big debt or much deeper problems later on.

Taking out some loan just for you to gamble is really a big risk thing to take on someone specially if you dont have any others sources or way for you to repay back those loans or debts.

Fixed matches information arent real most of the time or cases because these information cant really surface out easily or legitimately thats why dont ever believe that there are ones
who do claim out.
Yes, it will cause problems if they take loans just to play gambling. But some people take loans, say to the bank, they use the loan money for urgent needs, but they will not use all of it, while they will use the rest for other things. From here, they will see that there is free money and end up using some money to gamble.

So taking out a loan might be risky but if they believe in what they are doing and can pay back the loan, I think they can move on. But as much as possible, avoid borrowing money before we realize the risks, especially if it's for gambling.
legendary
Activity: 2436
Merit: 1008
@NAPK1NS_RA3

I have a suggestion.

Please include all those bets that came from your trusted source regardless if it's a fixed game or not in a single post.
Make a compilation of it on the first page and try to make it organized.

Of course, bets should be posted before the match and not after. And it's also better if you will place an actual bet for those and not just post picks.
hero member
Activity: 2926
Merit: 722
let him be because it is His decision and this is His money to spare , loan or not? it is His part and his obligation in the future .

But I am not respecting a loan for a gambling that is what my decision is.
This is what we can do for him. Let him make his own decisions because we have given him the best advice by not taking borrowed money if the borrowed money is only for gambling. He will suffer the consequences later if he ends up taking the loan; if he loses, he will also have to settle it. Taking a loan to play gambling is risky because there is no guarantee that we will win and can return the loan using the winning money.
And this is not the only risk, once you take a loan to gamble even if you happen to win this will in a way make such behavior normal in your mind, so the next time you find yourself in the same position then you will be more inclined to take the loan, and as long as you repeat this behavior then you will eventually get unlucky and find yourself in the difficult position of not having any money plus owing a loan, which could lead such person to look for yet another loan to try to dig themselves out of this difficult situation.
We might add that many people will not think about how they will pay back the borrowed money; even when they win, they don't return the money immediately and instead use it to gamble again. Borrowing money to gamble is a mistake they must realize before it's too late because, in the end, if a loss comes to us while we are not prepared for it, we can be stressed and frustrated. And if it is so, we can use any means to have more money to gamble and even use illegal ways to have money.
Its really a big mistake and people should really be that mindful whenever they do have some loans specially on paying it back so that they wont really be end up on a big debt or much deeper problems later on.

Taking out some loan just for you to gamble is really a big risk thing to take on someone specially if you dont have any others sources or way for you to repay back those loans or debts.

Fixed matches information arent real most of the time or cases because these information cant really surface out easily or legitimately thats why dont ever believe that there are ones
who do claim out.
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