Yes there's no guarantee nor assurance in gambling, better not to take a risk with this. Yes there will be a chance that he will earn by using that loan but the thing what if a sudden change may come? having a loan is such a pain, many people love to take loans just for them to use in other things that aren't necessary or using it to gamble and getting in a big trouble because they can't afford to pay the loan. Better not to play for awhile, rather than taking loans.
Using borrowed money for gambling is highly discouraged even though he has measured high chances of winning from gambling bets, but things can change so that he can lose the borrowed money that has been used on gambling and he will be required to pay it on the agreed date, if the borrower finds out borrowed money used in gambling would be much worse and he would never lend again ever. 
Topic: taking out a loan for a sports bet (UPDATE) + fixed match - page 3. (Read 1895 times)
Making bets with those loan or borrowed amounts is considered suicide even putting up on investment is already risky,How much more if you do make out betting or gamble out with those funds?
Gamble with your extra funds or which is only allocated for the sake of leisure things and never ever consider on taking up some loan because you would eventually lose it all in the end.
Im aint saying that you cant make winnings with sports betting but it wont really be giving out any guarantees that you would really succeed on this one.So its better
gamble on the amount that you can afford as always which is always been the primary rule when it comes to fund management.
Gamble with your extra funds or which is only allocated for the sake of leisure things and never ever consider on taking up some loan because you would eventually lose it all in the end.
Im aint saying that you cant make winnings with sports betting but it wont really be giving out any guarantees that you would really succeed on this one.So its better
gamble on the amount that you can afford as always which is always been the primary rule when it comes to fund management.
Yes there's no guarantee nor assurance in gambling, better not to take a risk with this. Yes there will be a chance that he will earn by using that loan but the thing what if a sudden change may come? having a loan is such a pain, many people love to take loans just for them to use in other things that aren't necessary or using it to gamble and getting in a big trouble because they can't afford to pay the loan. Better not to play for awhile, rather than taking loans.
thanks for the responses everyone, I am placing bets using my own funds now I just needed to win a few big bets first and both of the matches I posted won 
I am glad that you won your bets and that you only used your own money in our to do so instead of taking a loan, however in the OP you express that you think that maybe you should have taken that loan, but you need to understand that there are things that regardless of the outcome should not be done, and taking a loan to gamble with that money is one of those things, it is simply a bad idea to make a bet with money that is not yours, it doesn't matter if you think that it is a sure thing, this is something that must never be done.Lucky that he's not a type of addicted gambler who still have a good control inside him, unlike with addicted gambling, where most of the time instinct and aggressions are the factors that pushed them to do things that shouldn't be done while in gambling. Taking loans is a big risk not because you into gambling but more on the side that if you lose your bet the loan money needs to be paid, it will be a pain in your butt finding ways to pay the bills realizing that everything just went to one mistake that will continue to chase you while paying the loan amount.
It's good that afterwards, he realized that it's not good and things like this should not be backup or be followed. Always use spare money when gambling, an amount that you can easily let go.
Gamble with your extra funds or which is only allocated for the sake of leisure things and never ever consider on taking up some loan because you would eventually lose it all in the end.
Im aint saying that you cant make winnings with sports betting but it wont really be giving out any guarantees that you would really succeed on this one.So its better
gamble on the amount that you can afford as always which is always been the primary rule when it comes to fund management.
thanks for the responses everyone, I am placing bets using my own funds now I just needed to win a few big bets first and both of the matches I posted won
I am glad that you won your bets and that you only used your own money in our to do so instead of taking a loan, however in the OP you express that you think that maybe you should have taken that loan, but you need to understand that there are things that regardless of the outcome should not be done, and taking a loan to gamble with that money is one of those things, it is simply a bad idea to make a bet with money that is not yours, it doesn't matter if you think that it is a sure thing, this is something that must never be done.Lucky that he's not a type of addicted gambler who still have a good control inside him, unlike with addicted gambling, where most of the time instinct and aggressions are the factors that pushed them to do things that shouldn't be done while in gambling. Taking loans is a big risk not because you into gambling but more on the side that if you lose your bet the loan money needs to be paid, it will be a pain in your butt finding ways to pay the bills realizing that everything just went to one mistake that will continue to chase you while paying the loan amount.
It's good that afterwards, he realized that it's not good and things like this should not be backup or be followed. Always use spare money when gambling, an amount that you can easily let go.
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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. But I am not respecting a loan for a gambling that is what my decision is.
I will appreciate if you subsequently drops games maybe i will love to try out but i won't go for loan to place a bet. You can initiate it every weekend lets see those lucky winners, next do not go take any loan because this is a game of probability you might win or lose and the probability of you winning is 1 and probability of you losing is 0 and i think you knows what means to your health coupled with taking a loan it might be disastrous to wellbeing which would probably affects your mental faculty. Always learn to bet with the little amount you have and don't apply Greed and much interest.
thanks for the responses everyone, I am placing bets using my own funds now I just needed to win a few big bets first and both of the matches I posted won
I am glad that you won your bets and that you only used your own money in our to do so instead of taking a loan, however in the OP you express that you think that maybe you should have taken that loan, but you need to understand that there are things that regardless of the outcome should not be done, and taking a loan to gamble with that money is one of those things, it is simply a bad idea to make a bet with money that is not yours, it doesn't matter if you think that it is a sure thing, this is something that must never be done. 
Anyway, the bet won easily so I couldn't help but feel like I should've taken out the loan... 
And you also didn't think the other way round?What if you had taken the loan and the bet end up nothing winning? Would you have posted a sad face here?
But I am not respecting a loan for a gambling that is what my decision is.
Quote
We all should avoid ever taking a loan for risky ventures like betting where there is no guarantees, it is better to lose your money, you know how to cope with the lose and you have no body adding to your frustration, but when you lose some one elses money, you worry about the lose and also worry about how to pay the persons money back.
yups, risking for loan and risking for fixed matching ? this is a total discouragement to mean and gamble. 
I hope OP will not always take the bait and be responsible for his future decision.
In his last post, he said that;I agree, nobody should follow my actions. Hopefully I do not have to do it again.
That makes it clear that he has the result and he understands that the risk isn't really worth taking if this plan is being carried out by the others.
It isn't worth taking loans for this reason and if the loaner knows the reason before they hand out the money, they'll not approve anyone on having this reason, to gamble.
Believing yourself that you could really get fixed matches information is something that you cant really able to obtain unless if you are part of some mafia or big organizations then you would really able to acquire these
things
things
And OP isn't really sure honestly if that information is legit. If he is really sure, then he should just go ahead and ignore our advice.
It's already clear that the information was just passed by other sources from other sources and so on. OP is not a part of a big group or organization that is involved in the fixed match but rather maybe he was lured to a service of the fixed match which is a paid service.
I hope OP will not always take the bait and be responsible for his future decision.
and those services will really be trying out to claim that it was real when it do really end up on a win which we cant really even assure if its real or not on the first place thats why you should really
be careful on dealing with these type of groups who do claim having those fixed matches information and the most dangerous thing to be done is to take up some loan
for you to make out some bets which it isnt always been recommendable to do so.
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Anyway, the bet won easily so I couldn't help but feel like I should've taken out the loan...
And you also didn't think the other way round?What if you had taken the loan and the bet end up nothing winning? Would you have posted a sad face here?
We all should avoid ever taking a loan for risky ventures like betting where there is no guarantees, it is better to lose your money, you know how to cope with the lose and you have no body adding to your frustration, but when you lose some one elses money, you worry about the lose and also worry about how to pay the persons money back.
Anyway, the bet won easily so I couldn't help but feel like I should've taken out the loan...
I do think that you are lucky, considering that you won the sports event by purely basing it on an insider info. Remember, the bet that you are dealing on is so risky that if you were to take out a loan, there is no guarantee that you would win this amount of money even with the insider info.
In gambling, it is always better to be safe than sorry. Preventing a loss is so much better than actually paying for your loan in the event of a loss. Besides, almost all gamblers experience this "paranoia" that they should have betted more money in the process.
Yes, as I said before, this type of games arranged like this reminds me of that Peaky Blinders series where they arrange the bets and decide which horse will win, however, I think I also have the same thought, even if it is a rigged bet and that is fully verified with information that will not fail, it is better to take certain precautions, not to risk everything, because the order of events can change only with the smallest detail and it is a lot of money that can be risked, we have to have that minimum of enough responsibility to have control of what could happen in case it doesn't work out, in the case of the player he was very lucky, but personally I wouldn't do something like that.
Believing yourself that you could really get fixed matches information is something that you cant really able to obtain unless if you are part of some mafia or big organizations then you would really able to acquire these
things
things
And OP isn't really sure honestly if that information is legit. If he is really sure, then he should just go ahead and ignore our advice.
It's already clear that the information was just passed by other sources from other sources and so on. OP is not a part of a big group or organization that is involved in the fixed match but rather maybe he was lured to a service of the fixed match which is a paid service.
I hope OP will not always take the bait and be responsible for his future decision.
i am not sure if playing with this is safer than Fire but using a borrowed money will double if not triple your chance of being a loser.
What do you mean not sure if playing with this is safer than fire?
Man, there's nothing safe there in the first place. Taking out a loan to gamble is another of level of risk than just plainly gambling with your own money. How much more If you're taking out a loan to gamble to a said fixed match which sounds very shady for exposing it publicly.
There's not a chance of triple of being a loser here to be honest, coz the first time you took the loan intended to place a bet to the said fixed match, means you're already a loser.
things but speaking about on an ordinary day and you do able to see some claiming that these are fixed matches information then better not to believe those things and its true that whenever you do make use of
your own money and losses then you would really make things even more worst if you do consider on taking up some loan and pushing on the same intent.
Taking a loan for a bet seems way too risky to me, but OP might have a different risk profile.
Gambling in general has a negative expected value in the long term, so it just doesn't make much sense to me to get a loan for it.
OP can of course get lucky and win with the extra money, which would multiply the earnings, but the flip side of that, which would be more probable, is to lose more than everything you have...
One of the the most important things to remember while gambling is to avoid ruin.
Gambling itself is already risky, so if you take a loan for gambling, that will add more risks to it. Good thing if the result will always end up positive, but if you’re not lucky and so you lose everything you bet, I guess that will eventually cause you a lot of troubles. That is why it’s never advisable to take a loan no matter how good you are in predicting, because the result is uncontrolled and it’s the house that always wins, and you can’t beat that fact. However, if you are lucky enough and you were able to hit the jackpot, I think the amount you win would still not compensate on how many years you’ve been losing huge amount in gambling. Gambling in general has a negative expected value in the long term, so it just doesn't make much sense to me to get a loan for it.
OP can of course get lucky and win with the extra money, which would multiply the earnings, but the flip side of that, which would be more probable, is to lose more than everything you have...
One of the the most important things to remember while gambling is to avoid ruin.
i am not sure if playing with this is safer than Fire but using a borrowed money will double if not triple your chance of being a loser.
What do you mean not sure if playing with this is safer than fire?
Man, there's nothing safe there in the first place. Taking out a loan to gamble is another of level of risk than just plainly gambling with your own money. How much more If you're taking out a loan to gamble to a said fixed match which sounds very shady for exposing it publicly.
There's not a chance of triple of being a loser here to be honest, coz the first time you took the loan intended to place a bet to the said fixed match, means you're already a loser.
i am not sure if playing with this is safer than Fire but using a borrowed money will double if not triple your chance of being a loser.
What do you mean not sure if playing with this is safer than fire?
Man, there's nothing safe there in the first place. Taking out a loan to gamble is another of level of risk than just plainly gambling with your own money. How much more If you're taking out a loan to gamble to a said fixed match which sounds very shady for exposing it publicly.
There's not a chance of triple of being a loser here to be honest, coz the first time you took the loan intended to place a bet to the said fixed match, means you're already a loser.
If we are talking about Fixed matches then we are also Dealing with Multi risking event here? because you are risking because of gambling , then risking because of borrowed money and the main part is risking because of the fixed match that mostly a scam attempt for a Noob or greedy gamblers?
i am not sure if playing with this is safer than Fire but using a borrowed money will double if not triple your chance of being a loser.
So gamble only with your own money and if necessary is that those funds must be your excess money.
i am not sure if playing with this is safer than Fire but using a borrowed money will double if not triple your chance of being a loser.
So gamble only with your own money and if necessary is that those funds must be your excess money.
It's all about the risk and if you trust the insider that much then you can gamble some money but I don't suggest to take any loan just to have a bet like this which is more risky than the ordinary games in gambling. Fixed matches are real, sometimes the coaching staff also planned for this especially if the game didn't affect their status.
You can still bet but it should be money from your saving but not all of it or by pawning some of your unused stuff but never take a loan even if a friend guaranty it, there's still such a thing as a last-minute change of plan I see that happen when they are exposed and your source does not know that there's a change of plan and its too late to change your bet, that's a disaster if that happens to you.
and also Loaning just to gamble is a No No to me ., because the assurance of winning is very tin and the chances of losing is completely there.
I rather stay away of gambling when there is no money than borrow at all.
You would only get stressed when you do lose your money but its normal rather than on having from both stress which is losing your money and you would need to pay up some loan with those losses which is totally
a disaster if you do have this kind of consideration on handling up things because its never been ideal on taking up some loan just for gambling purposes and it would be more worth if you do make
some considerations like these but if it would be solely be spend for gambling then you are just creating some real big problems ahead on the time that you would need to repay those amounts.
Dont take loan for gambling purposes.Period.
a disaster if you do have this kind of consideration on handling up things because its never been ideal on taking up some loan just for gambling purposes and it would be more worth if you do make
some considerations like these but if it would be solely be spend for gambling then you are just creating some real big problems ahead on the time that you would need to repay those amounts.
Dont take loan for gambling purposes.Period.
A person doing this can be addicted into gambling that he didn't thought of the risks if he losses the money he will borrow. Getting a loan just to gamble puts your life at risk not just physically but also mentally because you will definitely experience depression if you lose those money. Recovering from those situation could really be difficult if no one would be willing to help you especially your family to overcome those struggle.
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