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Topic: Will you borrow money as your bankroll if you trust your skills in gambling? - page 5. (Read 1995 times)

full member
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For my opinion, borrowing money is a very dangerous solution/strategy to get back our loss money in gambling, because we are not sure if it is surely to get back our loss assets and if we loss our borrowed money it may result into big debt and if the big debt continues you may be bankrupt and you’ll be get wanted by the authority.
So that in borrowing money is not really helpful I’ll suggested to use the own money to recover the loss assets instead of other’s money so that it will prevent you from a hard headache because of a big debt.
hero member
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What I can recommend in this situation is that never to do it. I can't find the thread about gambling always being compared to trading, I want to show that to the OP so that he can understand the difference between those two. As trading and gambling is a risk, gambling can lose all your money while trading can just lose the percentage of the money you have. Saying this, if you really want to do something about the money your friend lend you, better choose to trade than gambling.
One of the reasons most people cannot tell the difference between trading and gambling is because they do not really understand what trading is about, so in their minds they think that if people can make money in trading then it could be possible in gambling as well and they are willing to take risks like taking a loan from a friend when we know very well that most of the time that is never going to have a positive result and you will have to explain to your fiend how you lost their money in a senseless task.
hero member
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If you have really good gambling skills, then you probably will already have a certain bankroll.
However, if you need funds, then you probably lost somewhere, which means your skills are not as good as you think.
As a result, you can fall into a debt trap from which you can get out a very long time.
hero member
Activity: 2100
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I personally would never borrow money for gambling and I would recommend the same to everyone who reads this post. The day you borrow money from that day your downfall will start as skill never work in gambling. It is a game of luck and most of the time luck does not work.
full member
Activity: 1022
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Skills are useless in gambling if you are not lucky. This is my own opinion.

I also have skills in gambling. I know when to gamble or not and I consider it as my skill because I know how to decide for the better of myself Cheesy.

Overall, borrowing money from other people has been used by many addicted gamblers already but it is not advisable to do especially if you have no way to repay the money you borrowed. We know how risk gambling is and you will risk again thru borrowing money. Hope will never help you win in gambling. It is pure luck and nothing more

That's correct and around 90% of harm comes from gambling when the player engages into taking loans for gambling as it's really very sad situation when it comes to that as the pressure and burden of a debt on a person specially a gambler can make him nuts and more entrapped in the net and trap of gambling!
hero member
Activity: 2912
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I'm ok borrowing from a friend if my friend happens to be a gambler and he knows and trust my skill, so even if I lose I know that he will understand that everything is not always win and not all games you are lucky, but I see to it that I will pay on time even to the point of getting another loan from another source.

Even if he will understand, I feel not right if I cannot give back the money, especially if I lose the money because of playing gambling. I am afraid that our relationship will be broken, and we cannot be a friend anymore. It is better not to borrow the money from our friends because we don't know how their feeling to see we cannot pay back the money.

I prefer to stop playing gambling if I don't have money than to borrow the money. Getting another loan to cover the other loan will not right since you only dig the other hole to get the money, but you don't have an income to pay back.
hero member
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If I trust my own skills in gambling, why am I even need to borrow money from others while you can use your own money? If I have small bankroll only with my own money then I should start with it as I can build it up with my skills.
You have a good point in this part because if you really believe that you are skill enough to win,then better roll you own small money than considering borrowing from others because with that there will be obligatory in future to pay about the debt while we can just make our own decision with our own money.
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If I have no single cent to start, better to not gamble by borrowing money although I trust my own skills. I will never borrow any money for gambling purpose.
Yeah not unless it will be given as a gift from a friend,but since it was mentioned that this is still a borrowed money then i will also not consider this.

Gather own money and then play,if lose?then go away and back another day.
hero member
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so even if I lose I know that he will understand that everything is not always win and not all games you are lucky,
LOL. I'm sure that he will care more of his money borrowed by you. He may understand once you lose one time or the second time, but I doubt he will understand all the time. It will be bad when you never win whereas the borrowed money is gone already.

>Remember that even you have skills, it doesn't guarantee to win gambling. Don't think only from one viewpoint, and please consider everything wisely!  Smiley
The problem is the mental illness for emotional gamblers, they prefer to believe in their own fantasy-win case without considering the reality. Statistics exist for such situations, if the majority of gamblers lose in this game, there is no need to recall your skills as bulletproof. The lost amount will return as an experience but this time it will cost years for recovery.
legendary
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I'm ok borrowing from a friend if my friend happens to be a gambler and he knows and trust my skill,
It is not as easy as you think, boy. It won't be safe to play gambling with a loan or borrowing money. This can make you have more problems than the problem in gambling itself. If your friend asks for his money back suddenly or he targets a loan interest with a large amount, then you will be in trouble. Moreover, you can be addicted to borrowing more money once you have no funds. It surely will be a bad habit, risk your life, and threaten your family.

so even if I lose I know that he will understand that everything is not always win and not all games you are lucky,
LOL. I'm sure that he will care more of his money borrowed by you. He may understand once you lose one time or the second time, but I doubt he will understand all the time. It will be bad when you never win whereas the borrowed money is gone already.

>Remember that even you have skills, it doesn't guarantee to win gambling. Don't think only from one viewpoint, and please consider everything wisely!  Smiley
legendary
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I'm ok borrowing from a friend if my friend happens to be a gambler and he knows and trust my skill, so even if I lose I know that he will understand that everything is not always win and not all games you are lucky, but I see to it that I will pay on time even to the point of getting another loan from another source.
Does that mean you will continue to borrow from other friends or other sources when you still don't have the money to pay off the first loan? That's not a good way to do, and you have to get rid of those bad habits because if that has become your lifestyle, believe me it will make your life more chaotic and suffer more. Not having money to gamble does not mean you have to force yourself to gamble by making loans, even though you have the skills but that does not guarantee the bets you make will always give good results and you have realized it, control yourself not to gamble until you have own money that can be spent on gambling.
legendary
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If I trust my own skills in gambling, why am I even need to borrow money from others while you can use your own money? If I have small bankroll only with my own money then I should start with it as I can build it up with my skills.
If I have no single cent to start, better to not gamble by borrowing money although I trust my own skills. I will never borrow any money for gambling purpose.
full member
Activity: 1008
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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?
I tried this once when I am addicted years ago, but I manage to pull this off because of my confidence that i will win, however this is a dangerous move when applying to gambling. I advise you to do not attempt to do this again.
Not only confidence rather you were lucky that day along with a treasure of good skills. All these things combined to make you won the bet. I can bet that maximum gamblers lose money when they play with borrowed money. Never ever play with borrowed money because consequences of losing the game are dreadful.
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I'm ok borrowing from a friend if my friend happens to be a gambler and he knows and trust my skill, so even if I lose I know that he will understand that everything is not always win and not all games you are lucky, but I see to it that I will pay on time even to the point of getting another loan from another source.
hero member
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If you are thinking about borrowing money from your friends in order to gamble, then I would suggest you not to. Even if you are a skilled gambler, never gamble with other peoples money. You are putting both yourself and the other persons financial aspects to risks. Even if you want to gamble with their money, let them know that you are taking a money loan from them just to gamble. I doubt they will hand you over their money or will at least hesitate a lot. Don't gamble at all if you can't afford to. That's the simple rule everyone should follow.
Gambling has never been a wise choice for people who want to make money, even with people that are very experienced and highly skilled at gambling, their number of victories is only fluctuating to a certain extent because high skills may be an important factor but more importantly, we need sustained and lasting luck. However, assuring luck as a joke, we want control is still impossible, and when we can't manage luck, the money we borrow can still evaporate quickly, why do we need to bet so much when we know the success rate in it?
sr. member
Activity: 2002
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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?
Why not a gambler knows his skill on how far it can get him provided that he can pay his loan in time, you mentioned that you are getting a loan a from a friend be sure to let your friend knows what you are getting into and be sure to pay on time or you will lose your friend, in case I will never borrow from a friend if I am to play in a gambling.
sr. member
Activity: 1638
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What I can recommend in this situation is that never to do it. I can't find the thread about gambling always being compared to trading, I want to show that to the OP so that he can understand the difference between those two. As trading and gambling is a risk, gambling can lose all your money while trading can just lose the percentage of the money you have. Saying this, if you really want to do something about the money your friend lend you, better choose to trade than gambling.
copper member
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If you are thinking about borrowing money from your friends in order to gamble, then I would suggest you not to. Even if you are a skilled gambler, never gamble with other peoples money. You are putting both yourself and the other persons financial aspects to risks. Even if you want to gamble with their money, let them know that you are taking a money loan from them just to gamble. I doubt they will hand you over their money or will at least hesitate a lot. Don't gamble at all if you can't afford to. That's the simple rule everyone should follow.
legendary
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I tried this once when I am addicted years ago, but I manage to pull this off because of my confidence that i will win, however this is a dangerous move when applying to gambling. I advise you to do not attempt to do this again.
You are lucky enough to pull it and other can also do it but the problem is that they are not as lucky as you are when they borrow money to other people.

Many have said it including me that borrowing money to other people is like "double risk" because you got lost your money and at the same time, you will think a way on how you will repay your friend whom you borrowed money with and an additional interest on it. Although many are recommending not to do this kind of idea, it is not a policy or a rule that you must follow always. You can still borrow money as long as you can repay it even you lose the money you borrowed.
sr. member
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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?
I tried this once when I am addicted years ago, but I manage to pull this off because of my confidence that i will win, however this is a dangerous move when applying to gambling. I advise you to do not attempt to do this again.
sr. member
Activity: 1470
Merit: 326
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I try borrowing money in playing Bustabits and this is the worst decision i made in my life because of my confinde in my self that i will win in Bustbits i lose the money i lend and until now I can't pay my debt to my friends . That's why never borrow money to gamble even you are expert in gambling because this will cause problems to you only.

Never borrow money and used your friends or someone money as your chip for gambling. This make you more debts in the end like what did happened on your cause. More people are doing this, I understand this kind of way is use by business but out of perspective this cant be applicable on gambling cause the wager is huge for you to instantly win, maybe sometime you will but not always. So avoid doing this for your own sake.
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