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Topic: Will you borrow money as your bankroll if you trust your skills in gambling? (Read 2056 times)

member
Activity: 1204
Merit: 38
Skills in gambling? No I don't think I will because in gambling luck plays the major part so risking your life for it will not be a wise choice.

If you have skills on investment or doing business but never borrow money to gamble because we know where you will end up.
It's not that exaggerated as you're risking your life.  Cheesy

But, it's true that it's not a good choice if you'll use a borrowed money as you gamble despite you trust your own skills. A skillful gambler can do this or not depending on his take regarding using a loan for gambling.

It's a double gamble to say.
If we are borrowing means we don't have money right, so if we choose gambling to make money and pay the debt is like risking your life because we may lose our collateral and even we have to pay money if our collateral is not worth enough for the debts.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
I like to gamble and I also enjoy it. So far I have never borrowed money from other people for gambling purposes and maybe I will not do it in the future. Gambling must be considered a fun game and should not be forced. I will only bet if I have money and will not bet even though I have the opportunity to lend money to others.

For me, lending money for gambling purposes will only add to my problems, especially if I lose. Even though I am very sure of winning, I wont do it either. Its about me, and other people may have different opinions.
Yes, everyone has their own opinions and of course it's different and so do I. But indeed, borrowing money just for gambling will at least add to the problem if you lose in gambling so it is not recommended to borrow money just for gambling. I always emphasize this to myself, but there are times when I get out of the comfort zone and force to borrow money to gamble and this incident I have experienced in the past and I borrowed money because I did not have money at the time, but on one hand my feeling was very good for gambling at that time until I ventured to borrow and that's right, my feeling gave very good results from gambling until several times I did the same thing but with a different gambling game.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
You're building confidence that much and too much isn't good for anything. You can't always assume good results even you are too good with it. Even in other things that you're good at.
Don't think that you can only pay when you win, how about your other income or your expected income, we borrow because we have that kind and not when we win because if that's what we are thinking then we will have a problem in the future.
I think you don't get my point about borrowing money for gambling. Whether you can sustain or pay it with the use of your other source of income then it's better not to borrow and get the money in full with those sources.
We have different opinion though as my in my personal experience, I can's say that borrowing is bad since I can still pay no matter what the outcome of my bets, as long as you keep your promise and you are not a scammer, you also ensure that you pay your responsibility as a debt is always a debt and there is no blaming gambling for that, in short, just pay when you borrow because regardless on how you use the money.

I don't think if anyone have enough money then he will do gamble by borrowing money. When will a man think of borrowing? Anyone thinks of borrowing after he run out of money. IMO there is nothing wrong with gambling by borrowing money. But if one gambles by borrowing from others only to test his luck or to recover his recent loss, then I mean there is no one more foolish than him. Because if anyone invests money without hard work just relying on luck then it is nonsense.
full member
Activity: 658
Merit: 126
People need to experience losing huge amount before they will learn their lessons.
Borrowing is really a big NO in gambling, yet, many gamblers are in deep debt.
Even if you feel that you are an expert on a particular game, you can't guarantee that you will emerge as winner.
If you want a peaceful life even if you are into gambling, just make sure you are playing using your own money and not borrowed from someone.

It will be best to experienced that lost in life using your real money because you are owning the lost because you know you work hard for that money, you don't owe anyone for the lost but yourself only. I don't feel the need borrowing money too cause it makes a debt worse. I guess OP is too lucky to have a friend like that, lending you money without a reason at all. I just hope he won't he use it in gambling. Try investing it or start for a business if it can etc.

If it he wants to gamble make sure it wasn't someones money. And if he use it for gambling and then lose, I just hope he would take the responsibility to pay. I think he's friend trust him that much. Losing a friend because of money sucks.
hero member
Activity: 1890
Merit: 831
I am currently thinking of making an experiment on my own, I have friends who are willing to lend me money for whatever purpose I like.
For this purpose, I like to use the money that I will borrow as the bankroll in sports gambling.

Anyone here have tried this? What can you recommend?

One thing about Gambling is :
No one knows the outcome
So it is more or less something that you will use your luck on , at the same time there are games where you do have a good use of your skills , at the same time sports betting is actually a good option since it provides you with a higher chances of winning.

Card Games is something that the person can have a good hold on therefore I do believe that if you are talking about Games where you do need skills along with Luck , you can try doing that.

But if you are just going to borrow money based on your luck then I do think that you should rather consider saving up for a while and then try it .
legendary
Activity: 2464
Merit: 2094
I like to gamble and I also enjoy it. So far I have never borrowed money from other people for gambling purposes and maybe I will not do it in the future. Gambling must be considered a fun game and should not be forced. I will only bet if I have money and will not bet even though I have the opportunity to lend money to others.

For me, lending money for gambling purposes will only add to my problems, especially if I lose. Even though I am very sure of winning, I wont do it either. Its about me, and other people may have different opinions.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
You're building confidence that much and too much isn't good for anything. You can't always assume good results even you are too good with it. Even in other things that you're good at.

Don't think that you can only pay when you win, how about your other income or your expected income, we borrow because we have that kind and not when we win because if that's what we are thinking then we will have a problem in the future.
I think you don't get my point about borrowing money for gambling. Whether you can sustain or pay it with the use of your other source of income then it's better not to borrow and get the money in full with those sources.

We have different opinion though as my in my personal experience, I can's say that borrowing is bad since I can still pay no matter what the outcome of my bets, as long as you keep your promise and you are not a scammer, you also ensure that you pay your responsibility as a debt is always a debt and there is no blaming gambling for that, in short, just pay when you borrow because regardless on how you use the money.
hero member
Activity: 1750
Merit: 589
I am currently thinking of making an experiment on my own, I have friends who are willing to lend me money for whatever purpose I like.
For this purpose, I like to use the money that I will borrow as the bankroll in sports gambling.

Anyone here have tried this? What can you recommend?

It is great that you have a bunch of friends that are willing to lend you some money and use it into any ways you desire. But it was risky in a sense that it will be a shameful matter once you haven't been able to pay or return back the money you have borrowed once they already need it.

Having skills on playing gambling is really an interesting thing that people do want because it is like an easy key to get rich once you have that skill because by just playing you can already obtain lots of money. But we all know that was kinda rare so it is risky to trust your skills on playing gambling knowing that it is not literally your money you tend to spend. Better yet use it on doing business or other stuffs that is profitable which is also suitable at this point of time so that you can gain profit and that the money you have borrowed will be worthy.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Skills in gambling? No I don't think I will because in gambling luck plays the major part so risking your life for it will not be a wise choice.

If you have skills on investment or doing business but never borrow money to gamble because we know where you will end up.
It's not that exaggerated as you're risking your life.  Cheesy

But, it's true that it's not a good choice if you'll use a borrowed money as you gamble despite you trust your own skills. A skillful gambler can do this or not depending on his take regarding using a loan for gambling.

It's a double gamble to say.
legendary
Activity: 3500
Merit: 1354
I guess it isn't a good idea to spend money that's lent on you 'cause it'll be a waste. Even you have maximum level of skills and very great at a specific game, it'll not give you any benefits. There's a lot of what if running here, so what if you lose the game with a single mistake? then you'll that money and will have a problem to give it back on the lender. I don't want those kinds of people that thinks gambling is the solution to multiply their money. I want to share my experience with this, I bet on a team that's I'm very confident with and 100% will win the match but look what happened, I lose a lot even tho I trust my predictions on it.

People need to experience losing huge amount before they will learn their lessons.
Borrowing is really a big NO in gambling, yet, many gamblers are in deep debt.
Even if you feel that you are an expert on a particular game, you can't guarantee that you will emerge as winner.
If you want a peaceful life even if you are into gambling, just make sure you are playing using your own money and not borrowed from someone.

NO, people do not need to experience huge lost in order to learn.
People can learn from other's experiences, losing huge amount is something really bad.
Some people may learn from it ofc but some others may not even realize anything after the huge lost and get even worst life.
In case of getting a loan for gambling, it is a common thing no matter in real life or in online casinos.
If someone want to borrow money for gambling, he/she need to make sure that he/she has stable income to pay back the money in case he/she lose the borrowed money.
One more thing, people should not borrow too big amount. Lets say someone has a monthly salary of $1,000 so if he want to borrow money then he should borrow few percent of his monthly salary only.
Max 10% of the salary is recommended, so he can still pay the money back easily once he get the monthly salary. 
member
Activity: 1204
Merit: 38
Skills in gambling? No I don't think I will because in gambling luck plays the major part so risking your life for it will not be a wise choice.

If you have skills on investment or doing business but never borrow money to gamble because we know where you will end up.
hero member
Activity: 2744
Merit: 588
I guess it isn't a good idea to spend money that's lent on you 'cause it'll be a waste. Even you have maximum level of skills and very great at a specific game, it'll not give you any benefits. There's a lot of what if running here, so what if you lose the game with a single mistake? then you'll that money and will have a problem to give it back on the lender. I don't want those kinds of people that thinks gambling is the solution to multiply their money. I want to share my experience with this, I bet on a team that's I'm very confident with and 100% will win the match but look what happened, I lose a lot even tho I trust my predictions on it.

People need to experience losing huge amount before they will learn their lessons.
Borrowing is really a big NO in gambling, yet, many gamblers are in deep debt.
Even if you feel that you are an expert on a particular game, you can't guarantee that you will emerge as winner.
If you want a peaceful life even if you are into gambling, just make sure you are playing using your own money and not borrowed from someone.
legendary
Activity: 1778
Merit: 1009
Degen in the Space
I guess it isn't a good idea to spend money that's lent on you 'cause it'll be a waste. Even you have maximum level of skills and very great at a specific game, it'll not give you any benefits. There's a lot of what if running here, so what if you lose the game with a single mistake? then you'll that money and will have a problem to give it back on the lender. I don't want those kinds of people that thinks gambling is the solution to multiply their money. I want to share my experience with this, I bet on a team that's I'm very confident with and 100% will win the match but look what happened, I lose a lot even tho I trust my predictions on it.
sr. member
Activity: 952
Merit: 251


Why not borrow if you are confident in your abilities. In this case, you really should know what you are doing, such a decision simply must be conscious and not emotional.

If you are aware of the risk and you can pay your friend in time why not, gambling is very much different from setting up a business, your chances are 50 to 50 in gambling, and you must also aware of the house edge which makes it in favor of the house, you need to be so lucky to beat it and make a profit and pay your friend, in my case I don't do this it's very risky behavior.
Not all the people are same as some people are having mindset that gambling Can give you all what you want so you can borrow for it but some thinks that in case of lose you will not be able to pay it so better not to spend it in something risky. According to  me we can take risk if we are little sure about having the profit other wise better to gambling with the money you have in your wallet.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
Right to say loan taking is not good for those who do not have skill about gambling but so may people I saw who has become millers with gambling and after winning they return the loan but we should take this risk only when we become fully satisfied about the growth and power of gambling skills. When you become sure that you won't lose take Loan but after all you are risking your money, I wish everyone end up winning in gambling.
Even let's say that I'm a skilled gambler, I wouldn't practice taking loans so that I can continue. That's not good IMO.
That's you, however, other gamblers can take a loan because they are willing to take a risk and they trust that they can win.
When you are in a casino and there are loan sharks their, you will never be granted a loan if they think you can't pay, so most probably you'll only be confident to borrow money if you know you can return that on time.
Yes, that's what I believe and I don't think that I do it even I have the confidence that I can win. I don't want to take risk with other people's money.

You're building confidence that much and too much isn't good for anything. You can't always assume good results even you are too good with it. Even in other things that you're good at.

Don't think that you can only pay when you win, how about your other income or your expected income, we borrow because we have that kind and not when we win because if that's what we are thinking then we will have a problem in the future.
I think you don't get my point about borrowing money for gambling. Whether you can sustain or pay it with the use of your other source of income then it's better not to borrow and get the money in full with those sources.
legendary
Activity: 2576
Merit: 1043
Need A Campaign Manager? | Contact Little_Mouse
Why not borrow if you are confident in your abilities. In this case, you really should know what you are doing, such a decision simply must be conscious and not emotional.
This is the problem of some of the gamblers. Yes they can borrow money to different people if they are confident in their abilities but what will happen if their bias will not happen. What if the opposite of what they are thinking will happen then it would be another problem for them.

I know that there are some who are doing this kind of thing as they trust themselves but just make sure that you know the consequences of it if you do it. Gambling isn't a game of abilities for me but it is a game of luck.
full member
Activity: 1498
Merit: 146
If you have skills and time then surely it is possible to make money from sport betting but its still the gambling so anything may happen at any time so make sure that you have some money under your savings to take such risks.If you ask me I will never do that with lend money but you can be different so decide that you want money or want to be in safer side.
full member
Activity: 756
Merit: 231
Why would anyone in gambling go extreme end to borrow money to gamble, even though the said skills proclaim are there? This will be the highest risk ever if the borrower doesn't have alternative means to pay back the said funds. Also, remember this: gambling doesn't depends on skills except "poker games" all others sorely depends on BIG time luck. In theory this can be carried out but not in practical, please don't try this if you don't have alternative means of pay back the borrow finds.
legendary
Activity: 3164
Merit: 1127
Leading Crypto Sports Betting & Casino Platform
I am currently thinking of making an experiment on my own, I have friends who are willing to lend me money for whatever purpose I like.
For this purpose, I like to use the money that I will borrow as the bankroll in sports gambling.

this is a very wrong move that you are making, i advise you never to do this because the risk is very big. the disadvantages you will have if you borrow for gambling are:

1 - you will have more pressure because with each bet you will be thinking: "if I lose I will not be able to pay the loan"

2 - In case it goes wrong you will not have money to pay the loan

Anyone here have tried this? What can you recommend?

this is definitely something I don't intend to try
hero member
Activity: 2814
Merit: 618
Leading Crypto Sports Betting & Casino Platform
Never borrow money if you don't have a plan how to return it. It's OK to borrow money, for whatever reason, but you borrow money in Friday to have for weekend fun, but your paycheck is coming in Monday and you will return all of it. The same is for everything else! If you are borrowing money for gambling business, or whatever without a clear plan how you will return that money you will be in a deep shit. Don't relay on gambling win, its not smart, if you lose you will be double disappointed, from losing in gambling and because you owe money to someone. Do t do that to yourself, gamble with what you have, borrowing money should be the last option for just critical situations.

Trusting your gambling skills  Huh  Gambling does not need any skills and no matter how much you feel confident about gambling, you can easily loss at any time. There may be a chance that you borrow money from a friend to play gambling and luck does not favor you and you lose the amount. I will never recommend and always discourage to borrow any money only to play gambling.
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