Plenty of people pay renowned sports bettors for their tips, which is pretty much no different to giving him your money to gamble with in general.
However, unless you're some elite sports bettor with an impressive win percentage then I wouldn't take your friends money, as you will be in a whole heap of crap if you failed and then you need to pay them back.
Do it if you're prepared to lose some friends over it, or keep the amounts low enough that it's neglible.
Topic: Will you borrow money as your bankroll if you trust your skills in gambling? - page 7. (Read 2056 times)
March 03, 2020, 12:18:33 PM
March 03, 2020, 12:13:00 PM
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?
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.
March 03, 2020, 09:06:03 AM
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.
But most of the loans are just micro loans, so lenders would be willing to risk a certain amount as borrowers especially if reputable would really pay, otherwise it would ruin his forum account. Sometimes I also borrow money for gambling purpose but it's not really a big deal as I am sure even if I lose my money I would still be able to repay it since I have a lot of source as my income.
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March 03, 2020, 09:01:34 AM
Never trust your skills when it comes to gambling because winning in gambling most of the time is just by luck. Know your limits and control your urge. Think of the possible consequences if you'll borrow money and just lose it in gambling. It's better to use your allocated earnings for gambling rather than borrowing just to have a gambling capital.
That is good advice. The consequences for borrowing the money is we need to pay the money back to the owner, and if you lose that money in gambling, you cannot give them money, and that can make you get trouble. Our skills will not help if we are in the wrong place and at the wrong time, and we will lose the money once we decide to continue gambling. When you can win some rounds, or you lose some rounds, you'd better quit gambling.
March 02, 2020, 11:34:53 AM
Never trust your skills when it comes to gambling because winning in gambling most of the time is just by luck. Know your limits and control your urge. Think of the possible consequences if you'll borrow money and just lose it in gambling. It's better to use your allocated earnings for gambling rather than borrowing just to have a gambling capital.
March 02, 2020, 11:04:35 AM
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.
Correct me either because unless my friends know that their money is being used for gambling and I will share profits with them but there is also a chance of loosing their money and if the later happens unfortunately I would not be able to pay them from my pocket. As long as they agree this condition then only I would feel comfortable with taking LOAN for gambling because then it's more like they are paying me to gamble and they trust my skills because maybe I am good in sports betting or something.
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.
March 02, 2020, 02:05:25 AM
I suggest to you mate once you borrow money to your friend use it to other ways like trading never use the money that you lend to the others to the any gambling activities including playng and also investing to the Bankroll. You do not need to experiment about that you need to sure what outcome you will see once you invest to the bankroll or anythinv that you want because after the due date you need to pay your friend.
I would not even suggest to trade with other's money because see when you are gambling with someone's money you are under a pressure of earning more in lesser amount of time and it's much better to collateralize some asset and take more time and earn.It would be an absolute nightmare to take money and promise returns while you are only trusting your luck because gambling is all about luck no matter what strategy you apply to it. Yes, though if you are someone who provides betting picks then maybe just worth to take the risk but I would still strongly advice against such practices. Loan is a sort of pressure for someone like me that it does not allow me to work freely and think independently.
March 01, 2020, 01:39:55 PM
Even in my part, I will not borrow money just to gamble. If I dont have extra money I did not gamble because that is not my priority.
Borrowing is just like you are desperate to have money in a simple and easiest way but it is risky and probably very risky once you have lost everything but have still a debt from others because you had borrowed money. If somebody took this action, probably that gamblers need to be cured for the addiction he has before everything will make the worst and probably committing crimes are most commonly the outcome.
Same but if I see an easy opportunity to earn let me be very honest I might be tempted to take money from my friends and use it. For instance you know from news that Federer is not 100% fit today then I would not hesitate to bet ON HIM (YES not against him) because I do know that if he somehow manages to win a few sets he will then push for a win but if he losses a few sets then he will probably retire as most players do and my bet at best would void but has a chance to win.Borrowing is just like you are desperate to have money in a simple and easiest way but it is risky and probably very risky once you have lost everything but have still a debt from others because you had borrowed money. If somebody took this action, probably that gamblers need to be cured for the addiction he has before everything will make the worst and probably committing crimes are most commonly the outcome.
So yes if I see a tactical advantage or some sort of opportunity I would take some money and use it but otherwise I would never take the risk of betting with someone else's money. I don't have such friends by the way.
March 01, 2020, 12:08:49 PM
Anyone here have tried this? What can you recommend?
Never borrow money and use it for gambling no matter how you trust your gambling skill. Gambling is treacherous, when you think that you are super lucky and unbeatable, it will crush you into pieces emptying your bankroll.
I have seen lots of friends become enemies because of unpaid debt. I am not saying you cannot pay it but it is best not to exploit a friend's generosity and use it for gambling.
This is a very sad truth. Even there is such a proverb: if you want to lose a friend, then borrow him money. Considering that there is no skill in gambling, here it works 100% (in the sense that it will not be easy to repay a debt).
March 01, 2020, 08:46:57 AM
Anyone here have tried this? What can you recommend?
Never borrow money and use it for gambling no matter how you trust your gambling skill. Gambling is treacherous, when you think that you are super lucky and unbeatable, it will crush you into pieces emptying your bankroll.
I have seen lots of friends become enemies because of unpaid debt. I am not saying you cannot pay it but it is best not to exploit a friend's generosity and use it for gambling.
That's right, there are so many histories of people losing their friend because of the same reason. It is better not to try this out to avoid unnecessary things to happen.
That would be very irresponsible if we will not pay our loan because we lose in gambling.
If the lender are well aware of the purpose and he still lend out money, that means he trust a person and he believes that person would be able to pay.
There was actually a saying that better not borrow to a friend or a family member to avoid relationship problem but this is only applicable to people who take advantage on the situation, and if we borrow, we don't have to pay right away, we can request to amortize it over a period of time so it will not be burdensome for us.
February 29, 2020, 05:36:18 PM
Anyone here have tried this? What can you recommend?
Never borrow money and use it for gambling no matter how you trust your gambling skill. Gambling is treacherous, when you think that you are super lucky and unbeatable, it will crush you into pieces emptying your bankroll.
I have seen lots of friends become enemies because of unpaid debt. I am not saying you cannot pay it but it is best not to exploit a friend's generosity and use it for gambling.
That's right, there are so many histories of people losing their friend because of the same reason. It is better not to try this out to avoid unnecessary things to happen.
February 29, 2020, 11:38:43 AM
Anyone here have tried this? What can you recommend?
Never borrow money and use it for gambling no matter how you trust your gambling skill. Gambling is treacherous, when you think that you are super lucky and unbeatable, it will crush you into pieces emptying your bankroll.
I have seen lots of friends become enemies because of unpaid debt. I am not saying you cannot pay it but it is best not to exploit a friend's generosity and use it for gambling.
February 29, 2020, 10:59:34 AM
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.
February 29, 2020, 09:29:06 AM
This is never a good idea as always. Most times it doesn't end well that's why I won't advise anyone to do this. Don't gamble with what you borrowed or what you can't afford to lose. The house always wins. Better to save up your personal money and use it to gamble.
Agree, this is a bad idea, the big failures and tragedies from gambling all start from the ideas that are confident in the skill and the feeling of victory is at hand, the casino is not a philanthropist, they always need profits and players to maintain, and to maintain the level of attraction for the player, a bit of initial profit for the player is indispensable but slowly, they will drain what they have brought to the player. These alerts are very frequent, confident and highly skilled is a good thing but don't forget who is controlling the game 
February 29, 2020, 09:10:42 AM
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?
Is this legit? It would be hard to play or gamble your money especially if you know that your money that has been using is from a borrow money in which you have been borrowed money just to play or gamble with your experiment. What if you have been lose on your experimental? Then probably you will be a hard time to pay those money that you have been borrowed and it would be really a problem. I suggest that don't bet or gamble if the money you will gamble is not from your own pocket. 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?
February 29, 2020, 06:58:41 AM
Most of the people are clearly think that using money that you lend to your friend in gambling is very risky .
That would double the risk or the liability as no one can assure that they will win when they are gambling. It's not wise to borrow money, we all know that but for people who are risk takers, they are not afraid to take that experiment.
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.
As long as a gambler is willing to accept the defeat, it should not be a big issue. February 29, 2020, 06:17:33 AM
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.
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.
February 29, 2020, 05:13:28 AM
If you have confidence about you then you can do this using your money or if you confused then use this from your borrowed money 
8 
Gambling is always bad for health
8 Gambling is always bad for health
February 29, 2020, 05:05:00 AM
It would be a bigger risk to gamble with borrowed money. What is ideal to gamble is an amount you can afford losing, so if the money you would gamble is borroerd, the risk is more likely to be doubled just imagine how big the loss is, it is like losing twice within a night. Also, no matter how good you are in gambling, luck will determine your fate whether to win or not. So probably, I won't ever try gambling a money which is not mine and also, I cannot afford to lose given that losing is more certain once you gamble.
OP is trying to borrow money because he was thinking that his skills is enough to give him a win, gambling (skilled based) and trading is no different, they both have a risk but you also both need an strategy to win, of course of you are thinking of luck based games, this would not make sense.
At the end of the day, if you are not lucky, you will lose the game. That's how simple it is. No gambling game is pure skill-based, it would always have a factor wherein luck would be the bottomline. Perhaps, cardgame such as poker. It is a bit of a mind game, with regards to betting. But if you are unlucky, you could make mistakes and that would result to loss.
I suggest to you mate once you borrow money to your friend use it to other ways like trading never use the money that you lend to the others to the any gambling activities including playng and also investing to the Bankroll. You do not need to experiment about that you need to sure what outcome you will see once you invest to the bankroll or anythinv that you want because after the due date you need to pay your friend.
If you are winning in gambling (skilled based), I think it's wise to make an experiment on that. OP is trying to borrow money because he was thinking that his skills is enough to give him a win, gambling (skilled based) and trading is no different, they both have a risk but you also both need an strategy to win, of course of you are thinking of luck based games, this would not make sense.
February 29, 2020, 01:42:06 AM
But if OP insist better he do a physical study on what will happen in his action.
What physical study you are referring? I think he just need to gamble more and more and determine if he is capable of winning but this is using a small amount only since when you are still studying or you are testing, you are not confident yet if you will win, you'll only take the risk if you are convince that you already have skills to cap games.
Study about capability on his action like if he have capacity to pay his loan on time if he lose since if he just lend without thinking the consequences of his action provably he will end up broke and get chase for what he owe, and also I don't think betting more to test will help since table is not always on our side that's why it's really better to gamble what you can afford to lose and don't bet your extra money or savings.
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