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Topic: Will you borrow money as your bankroll if you trust your skills in gambling? - page 6. (Read 1995 times)

full member
Activity: 1008
Merit: 101
Most of the people are clearly think that using money that you lend to your friend in gambling is very risky .

Im not against if you are really want to use it but for me it is not bright idea because have chance for your money to lose it. Experiment the chance to failed is very high because you do not know the result.
If you doubt your gambling skills, then you shall never ever gamble with borrowed money because this further puts you in trouble. Only do such stuff when you are sure that your skills will not let you down. Such techniques will work when there is sports betting. All others are more dependent on fate.
hero member
Activity: 2912
Merit: 629
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.
You realized your mistakes after losing the money, indeed regrets are always in the end. Thats why its better not to gamble if you dont have money to spend. Borrowing is not a wise move just to gamble, just like you have said there's no assurance you will win regardless how skillful you are because we cant deny the fact gambling is more on luck.
hero member
Activity: 1273
Merit: 507
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.
hero member
Activity: 2870
Merit: 574
Never borrow money to gamble! Many people did that and regreted afterwards. It's not even about the trouble you might get into if you borrow from the wrong people, but the pressure you'll find yourself under while playing. It's going to be double the normal because you'll know that you're losing money that you'll have to get back somehow. It's not going to be your average game. You'll be fighting for your life there and gambling should at least give you some pleasure so that when you lose you'lll know that you were ready for it and you did not just lose money, you bought some good time, some entertainment.
I always find surprising that people still consider to take a loan to try to gamble, it is simply never going to end well, taking a loan has become almost second nature for some and they are not afraid to get into debt for almost any reason but you need to be very careful, getting into debt can be justified in some cases but when it comes to gambling and other activities that should be only for entertainment purposes it does not really make a lot of sense.

Some people are okay by taking a loan because they think that they can pay back the money by doing another thing. But if we can realize that we cannot always get what we want, we should not risk by borrowing the money. People tend to take it easy when they are taking a loan, and they don't think about how if they cannot repay that money. I instead take a loan for something that I really needed than to just playing gambling because I cannot see the opportunity to make money from gambling for me.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
Never borrow money to gamble! Many people did that and regreted afterwards. It's not even about the trouble you might get into if you borrow from the wrong people, but the pressure you'll find yourself under while playing. It's going to be double the normal because you'll know that you're losing money that you'll have to get back somehow. It's not going to be your average game. You'll be fighting for your life there and gambling should at least give you some pleasure so that when you lose you'lll know that you were ready for it and you did not just lose money, you bought some good time, some entertainment.
I always find surprising that people still consider to take a loan to try to gamble, it is simply never going to end well, taking a loan has become almost second nature for some and they are not afraid to get into debt for almost any reason but you need to be very careful, getting into debt can be justified in some cases but when it comes to gambling and other activities that should be only for entertainment purposes it does not really make a lot of sense.
legendary
Activity: 2422
Merit: 1036
Chancellor on brink of second bailout for banks
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
sr. member
Activity: 728
Merit: 266
If I'm on his position, I won't take the offer. I hate "too risky" situations like this. Yeah! I gamble but at least it's my savings so if I lose it then it's easier to accept because you knew that you have debts to nobody Grin.
take the chance but Gamble in Business not in literal gambling,since both are same taking chances right?maybe Invest in Crypto the half and the other 50% is for real business either online or offline?
Of course everything in this world can be compared to gambling but if we will just think directly establishing a business is not a form of gambling at all. Actually you uttered the right word already (I bold it), yup! The much appropriate word is INVESTING. Nevertheless, I agree with your advice Smiley. But if OP can't really controll his desire of gambling then I think much better if he will do it guilt-free Grin — no debts, no sorrows.


             The risks are too scary, but let him decide freely he was just asking for our opinions. Well anyway personally i agree with you guys, it is because there is no assurance you could win and then your debt is connected to that winning chance you've been waiting. One simple mistake and its all over and you are bound to debt.

           It is right to not push your stakes too high. Maybe as you've said invest 50-50, it is much preferable for me, but it is all up to the OP.
full member
Activity: 1750
Merit: 118
Even i am skillful in gambling. I am not that dumb to let myself borrow a money from a friend just to gamble because i could lose all the money that i borrowed, and i will not be thinking straight if i done it. I should just buy and spend the money that i borrowed on important things such as paying bills, foods, clothes or basic needs rather than fooling around and gamble all of it.

By the way gambling and lending have a deep relation and it can be seen on the lending section how some guys take loans for gambling and even pay back with 10-15% interest in couple of weeks time.


I wonder what kind of gambling is that. Do the borrowers use collateral, or no? I doubt any experienced/knowledgeable lender would take such risk, unless they know their borrowers are capable of paying back or use some sort of collateral, especially virtual ones.

Maybe he mean the risk is high since there are possibilities that the lender will not pay their debts, but actually the risk is not the same since as you said if the lender will be smart to get a huge collateral then possibilities that he can still earn by selling the collateral item, but in gambling if you lose then there's no retrieving back gonna happen and the only thing you need to do is to bet more to get a possibilities to earn back what you lose.

i think he means related in a way that people ask for loans to play gamble and not the risk . there is no risk for lending money to people as long as you ask for a good colateral but there is a risk for a loaner if ever he will gamble the money that he loaned .  i basically dont gamble using the loaned money but that idea pop on my mind one time when the time that i badly need cash , i know its was a silly idea but good thing the loan was denied because my friend was on an emergency too that time that he also need money
legendary
Activity: 2758
Merit: 1228
Even i am skillful in gambling. I am not that dumb to let myself borrow a money from a friend just to gamble because i could lose all the money that i borrowed, and i will not be thinking straight if i done it. I should just buy and spend the money that i borrowed on important things such as paying bills, foods, clothes or basic needs rather than fooling around and gamble all of it.

By the way gambling and lending have a deep relation and it can be seen on the lending section how some guys take loans for gambling and even pay back with 10-15% interest in couple of weeks time.


I wonder what kind of gambling is that. Do the borrowers use collateral, or no? I doubt any experienced/knowledgeable lender would take such risk, unless they know their borrowers are capable of paying back or use some sort of collateral, especially virtual ones.

Maybe he mean the risk is high since there are possibilities that the lender will not pay their debts, but actually the risk is not the same since as you said if the lender will be smart to get a huge collateral then possibilities that he can still earn by selling the collateral item, but in gambling if you lose then there's no retrieving back gonna happen and the only thing you need to do is to bet more to get a possibilities to earn back what you lose.
Ucy
sr. member
Activity: 2576
Merit: 401
Even i am skillful in gambling. I am not that dumb to let myself borrow a money from a friend just to gamble because i could lose all the money that i borrowed, and i will not be thinking straight if i done it. I should just buy and spend the money that i borrowed on important things such as paying bills, foods, clothes or basic needs rather than fooling around and gamble all of it.

By the way gambling and lending have a deep relation and it can be seen on the lending section how some guys take loans for gambling and even pay back with 10-15% interest in couple of weeks time.


I wonder what kind of gambling is that. Do the borrowers use collateral, or no? I doubt any experienced/knowledgeable lender would take such risk, unless they know their borrowers are capable of paying back or use some sort of collateral, especially virtual ones.
full member
Activity: 1358
Merit: 134
★Bitvest.io★ Play Plinko or Invest!
Anyone here have tried this? What can you recommend?
If I'm like you now "really lucky I have a kind friend", It's really stupid. I took the money my friend lent me, to bet on the gambling arena and he already believed and wanted to lend money so we have to succeed, with the money he lent, the point.

If I would invest that money in cryoto in the short and long term, that is what human names are not the same in valuation.

I better use money from other income (bonuses) to put it on gambling.

Gambling is one of the best games that you will play and to earn more profit many people want to play and be included in this game of luck for hoping to earn more profit. Many people today want to make more profit but the problem is sometimes we are losing profit by having a mistake in our games. There are some people spending their time or invest their time to take the study a lot to make more earning of knowledge so they can apply to their game. But some of us does not have enough money to play those games if you think you are confident that you are prepared enough to make more earning with the use of gambling it is better if you are trying to borrow money for a while just use as a capital and if you already win a lot of money it is better if we pay that immediately so we don't have any responsibility to pay our debt but always make sure you monitor your self if you are too much losing money.
legendary
Activity: 2086
Merit: 1759
Anyone here have tried this? What can you recommend?
If I'm like you now "really lucky I have a kind friend", It's really stupid. I took the money my friend lent me, to bet on the gambling arena and he already believed and wanted to lend money so we have to succeed, with the money he lent, the point.

If I would invest that money in cryoto in the short and long term, that is what human names are not the same in valuation.

I better use money from other income (bonuses) to put it on gambling.
full member
Activity: 1232
Merit: 186
If I'm on his position, I won't take the offer. I hate "too risky" situations like this. Yeah! I gamble but at least it's my savings so if I lose it then it's easier to accept because you knew that you have debts to nobody Grin.
take the chance but Gamble in Business not in literal gambling,since both are same taking chances right?maybe Invest in Crypto the half and the other 50% is for real business either online or offline?
Of course everything in this world can be compared to gambling but if we will just think directly establishing a business is not a form of gambling at all. Actually you uttered the right word already (I bold it), yup! The much appropriate word is INVESTING. Nevertheless, I agree with your advice Smiley. But if OP can't really controll his desire of gambling then I think much better if he will do it guilt-free Grin — no debts, no sorrows.
sr. member
Activity: 868
Merit: 333
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?

Even if you believe on your gambling skills you should never borrow money for your gambling activities.
You know, there is a small percentage in gambling that will affect your gambling outcome even if you play on a provable fair website there is a minor possibility to lose your money and never get them back.
It is true,
Borrowing money to include on gambling activities has a greater risk of losing money. It is hard to get it back once that money you borrow will be lose in gambling. There is also this possibility that he might get into gambling much deeper because of his desire to get that money back and it will be hard for him to escape that situation.

I cannot imagine what will happen to me if somehow I lose all of the money in gambling games, especially if the money came from borrowing from the other people. I will feel regret, and I don't know what I suppose to do to give back the money. There is no other way than to hold our desire from borrowing the money because that can make us have a bad situation. It is better to know ourselves and know the limit and never to borrow money to gambling.
What might happen to you will be the same as what happened to the people I see losing their borrowed money, they end up having a depression and the feeling of eagerness to take back that money. Their willingness to do everything without knowing if it is still good or bad.
sr. member
Activity: 2590
Merit: 322
Vave.com - Crypto Casino
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?

Even if you believe on your gambling skills you should never borrow money for your gambling activities.
You know, there is a small percentage in gambling that will affect your gambling outcome even if you play on a provable fair website there is a minor possibility to lose your money and never get them back.
It is true,
Borrowing money to include on gambling activities has a greater risk of losing money. It is hard to get it back once that money you borrow will be lose in gambling. There is also this possibility that he might get into gambling much deeper because of his desire to get that money back and it will be hard for him to escape that situation.
Its absolutely wrong to borrow money in the name of experimenting a gambling strategy, of course the experiment may good wrong invariably losing your borrowed money consequently becoming bankrupt it really hard to get out of indebtedness as rightly said.
It better you find a other alternative means of earning money to carry your experiment.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
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?

Even if you believe on your gambling skills you should never borrow money for your gambling activities.
You know, there is a small percentage in gambling that will affect your gambling outcome even if you play on a provable fair website there is a minor possibility to lose your money and never get them back.
It is true,
Borrowing money to include on gambling activities has a greater risk of losing money. It is hard to get it back once that money you borrow will be lose in gambling. There is also this possibility that he might get into gambling much deeper because of his desire to get that money back and it will be hard for him to escape that situation.

I cannot imagine what will happen to me if somehow I lose all of the money in gambling games, especially if the money came from borrowing from the other people. I will feel regret, and I don't know what I suppose to do to give back the money. There is no other way than to hold our desire from borrowing the money because that can make us have a bad situation. It is better to know ourselves and know the limit and never to borrow money to gambling.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
D*mn! A big NO NO Grin! That's the biggest mistake you could ever do. You are now like digging your own grave, that's how risky it is. But well, all of us got own decisions and own reasons for doing things in life. If you realy feel that you got this then go but make sure you are aware of the possible consequences huh.
that is the view of people that dont want to risk in any other form of possible profiteering,because having someone ready to lend us money is advantage of making money for reason.
though Gambling is not the best interest to risk our money.
If I'm on his position, I won't take the offer. I hate "too risky" situations like this. Yeah! I gamble but at least it's my savings so if I lose it then it's easier to accept because you knew that you have debts to nobody Grin.
take the chance but Gamble in Business not in literal gambling,since both are same taking chances right?maybe Invest in Crypto the half and the other 50% is for real business either online or offline?
full member
Activity: 1232
Merit: 186
D*mn! A big NO NO Grin! That's the biggest mistake you could ever do. You are now like digging your own grave, that's how risky it is. But well, all of us got own decisions and own reasons for doing things in life. If you realy feel that you got this then go but make sure you are aware of the possible consequences huh.

If I'm on his position, I won't take the offer. I hate "too risky" situations like this. Yeah! I gamble but at least it's my savings so if I lose it then it's easier to accept because you knew that you have debts to nobody Grin.
sr. member
Activity: 868
Merit: 333
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?

Even if you believe on your gambling skills you should never borrow money for your gambling activities.
You know, there is a small percentage in gambling that will affect your gambling outcome even if you play on a provable fair website there is a minor possibility to lose your money and never get them back.
It is true,
Borrowing money to include on gambling activities has a greater risk of losing money. It is hard to get it back once that money you borrow will be lose in gambling. There is also this possibility that he might get into gambling much deeper because of his desire to get that money back and it will be hard for him to escape that situation.
sr. member
Activity: 2324
Merit: 454
I wouldn't even dare to do that, because that would be a big risk and even with such a great skill in gambling, the losses always awaits on us in the end of the day, we don't even know when we are going to win because everything in gambling especially the house is so unpredictable like, you thought you are outsmarting them, but the truth is they are the one who is playing you around to make your more aggressive in your play, therefore you will have a clouded minded which is their advantage and it is the other way around for you.
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