Topic: Will you borrow money as your bankroll if you trust your skills in gambling? - page 9. (Read 1995 times)
February 28, 2020, 05:39:46 AM
Well, I have never supported borrowing money to gamble but with the clause "if you are sure of your skill". I will come down a little bit by saying, since the risk is lesser by your surety.Take it. You know your worth before concluding your are sure of your skill. And if you loose, you have your confidence to blame.
February 28, 2020, 05:17:11 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?
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 me, borrowing money in order for you to be able to play gamble was never a good idea. Even though your friends are willing to lend you a money and/or it is just an experiment. If you play gamble with the money that you borrow, the risk will be higher because if you lose you will now have a debt on that person. So, I think just play when you have your own money to use and not the other's money.
February 28, 2020, 04:20:57 AM
I have no guts to try it but if you ever had it, I hope that you will reconsider the suggestion of people here that it's not actually a very good idea. Just be open about the what ifs.
What if you lose.
What if something wrong happens and you lose the money.
What if your friends find out that you used the borrowed money in gambling, will they be good with it?
What if you lose.
What if something wrong happens and you lose the money.
What if your friends find out that you used the borrowed money in gambling, will they be good with it?
February 28, 2020, 04:07:21 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?
This would probably a hard decision because you will be able to borrow a money on a bankroll in order for you to use it on a gambling session. This experiment will eventually give you a huge debt because once you have failed on this then probably you will be able to have a huge bet and you will be able have a hard time to pay all of this because you doesn't know on who you will be able to borrow again. I seen a lot of people or a gambler that has been down on debts and until now doesn't know how they will become paid of on this. 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 28, 2020, 02:05:17 AM
of course i will Borrow that Money offered to me,but only small part will be for Gambling experiment mate.
most of the part will go in Offline business that i always planning to have,so there will be a real profit and i have a chance to payback the money in short time,then if lucky that the business goes strong and established ?then that is the time i will use the Big amount for that bankroll experiment at least the money is Mine and not from a friend.
most of the part will go in Offline business that i always planning to have,so there will be a real profit and i have a chance to payback the money in short time,then if lucky that the business goes strong and established ?then that is the time i will use the Big amount for that bankroll experiment at least the money is Mine and not from a friend.
February 28, 2020, 01:48:40 AM
if you are a true gambler mate and you believe that you have skills?then why not because as what you said a friend is willing to lend you freely so i believe also that there will be no pressure in payments if ever you lose the amount right?
but make sure that you have the skill because if this is a pure gamble then maybe reconsider the offer and find some place where you can make at least 50-70 assurance of profit and that is business outside the crypto or use it for Lending here because i saw some Lenders that is making successful business here.
Just because they're your friends that doesn't mean there won't be any pressure or due date for the loan. As others have already said some people don't care that much about the reason you give them as long as you keep your word and pay it back. Lending the money he got would probably the same as gambling since there's still a possibility of defaulting. but make sure that you have the skill because if this is a pure gamble then maybe reconsider the offer and find some place where you can make at least 50-70 assurance of profit and that is business outside the crypto or use it for Lending here because i saw some Lenders that is making successful business here.
I wouldn't do that. If you are a skilled gambler why do you need to borrow money? You should already have enough for your experiment if you are as skilled as you say. If you don't have the money, how can you call yourself an expert in gambling? Based on what previous results are you good at it?
OP probably had a good win streak or went on a profitable week. Being skillful in gambling or sports betting is still risky since losing streaks could come at the start of his experiment and if he bets agressively it could drain his bankroll in less than 10 bets. February 28, 2020, 12:09:31 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?
if you are a true gambler mate and you believe that you have skills?then why not because as what you said a friend is willing to lend you freely so i believe also that there will be no pressure in payments if ever you lose the amount right?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?
but make sure that you have the skill because if this is a pure gamble then maybe reconsider the offer and find some place where you can make at least 50-70 assurance of profit and that is business outside the crypto or use it for Lending here because i saw some Lenders that is making successful business here.
February 27, 2020, 11:16:06 PM
Never ever borrow money to gamble whether you are confident enough with your skills, house always win at the end. And it is also hard to be overconfident with your skills. Luck will always be our weapon in gambling. I do hope you will reconsider some options rather than borrow some funds to gamble.
What if your skills did not work out as you have expected?
How can you return your borrowed money?
Those are the questions that you should know it could possibly happen, what is your back up plan after losing? I don't want to be pessimistic but consider those things first.
What if your skills did not work out as you have expected?
How can you return your borrowed money?
Those are the questions that you should know it could possibly happen, what is your back up plan after losing? I don't want to be pessimistic but consider those things first.
February 27, 2020, 10:57:41 PM
I do trust my skills in gambling but i wont take risk in borrowing money in bank.
I prefer to wait until i have extra money to gamble.
I prefer to wait until i have extra money to gamble.
Yes, you are right. We don't have to take the risk of borrowing money, even from the banks, because we need to pay back the money every month, which we will be difficult if we don't have any income. If you have extra money, it is better not to use for playing gambling because you already know that your chance to win in gambling will not be too big. You should use that extra money for another thing like saving that money for your future, so if you need money, you already have money to fills your needs.
February 27, 2020, 09:54:36 PM
One of my absolute non-negotiable rules is never ever borrow money to gamble with.
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February 27, 2020, 06:30:41 AM
It is not about forgetting the money we borrow, but about where you can get the money to pay for the lender if ever that you lose from gambling. It will be really hard on the borrower's side to pay since the money just disappear in an instant through gambling that is why borrowing money to use for gambling is not a good idea. It is like risking the money without the idea of losing it anytime.
We cannot risk more by borrowing money from other people, and no matter if we still get the money from other sources, that will not worthy of us. Maybe if we borrow the money for another thing, that can be accepted, but for playing gambling, I don't think so because we don't know if we can win or not. The money that we borrowed can be gone in the gambling table, especially if we lose in all the next round so we cannot pay the money back to the lender.
February 27, 2020, 06:16:54 AM
I do trust my skills in gambling but i wont take risk in borrowing money in bank.
I prefer to wait until i have extra money to gamble.
You won't make money in gambling if you are just relying on extra money, you need to take some serious risk if you want to win. I prefer to wait until i have extra money to gamble.
The idea you have in mind is just what gamblers who only do for fun, OP is different, he is taking a serious step to make serious money in gambling.
February 27, 2020, 06:14:07 AM
I do trust my skills in gambling but i wont take risk in borrowing money in bank.
I prefer to wait until i have extra money to gamble.
I prefer to wait until i have extra money to gamble.
February 27, 2020, 03:37:10 AM
"I have friends who are willing to lend me money for whatever purpose I like. "
Wish I had some friends like this
But to answer your question NO I would not borrow money as a bankroll since gambling is luck and I would not want to pay someone else back if I dont win
For one I dont trust my gambling skills since I play games of luck not chance mostly
Wish I had some friends like this
But to answer your question NO I would not borrow money as a bankroll since gambling is luck and I would not want to pay someone else back if I dont win
For one I dont trust my gambling skills since I play games of luck not chance mostly
February 26, 2020, 12:54:14 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?
If your friends understand how gambling works that you can lose his money and also your friend believe in your skills in gambling, then you can proceed borrowing money from your friends, but be sure that you will pay your friends on time even if you lose or win in the game, so you can save your friendship.
As long you do know how to pay up debts or loans then i dont see a reason or something wrong for you not to play.Its no business of others for them to dictate on what you should
gonna do with that loaned amount.
Be responsible to payback even if its your closest friend since we know on how to earn cash nowadays.
February 26, 2020, 12:45:52 PM
It is a hard question to answer and the dilemma is between "believing yourself, your gambling skills" "controlling risk with the best possible money management" is obvious. There is no Holy Grail in gambling, I prefer to gamble with the money which I can afford to lose in all cases. I am against idea of borrowing money just because I have overconfidence regarding my gambling skills, knowledge.
February 26, 2020, 12:32:00 PM
I've done this in real life on a cards game but have never done that again ever since. Won a couple bucks because of that though I swore that I'll never borrow any money just to gamble again. Thankfully I have never found myself in such a spot again, and would likely remain as is even if the offer would be no interest on the borrowed amount.
If I make a loan just to gamble, then I don't think it will be able to return the capital. Many traumatized people have experienced it, including me, even though I only borrowed it from my friend without any interest, so I used the money only to gamble after that. I ran out of money in an instant. Indeed, if gambling should be with a calm mind not with ambition because it will be high risk and the loan money will never come back again because it has been used up in gambling
February 26, 2020, 12:13:16 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?
If I were you, I would not risk this. It been said many times that do not do gambling with the lending money. It will make things worse for you if you are unable to with in the gamble.
Also note that skills does not count in gambling, so no matter how much confident you're in gambling, you cannot be sure that you will win.
February 26, 2020, 12:10:32 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?
You are free to do any experiment with the money which you will get from your friends but think of one thing. If you lose in sports betting, how will you be able to pay back the loan amount ? If you have a backup plan or some money which you can return to your friends, in case of loss, it's worth a try but in case you do not have extra money, do not risk the lending amount in gambling.
February 26, 2020, 11:54:00 AM
Borrowing money in bank for gambling is a very bad idea, this will put you in a bad situation, example you lost in gambling , what will happen? this will get your house car, they will take everthing, so you jave to think twice, doing this
Very rarely, but such events lead to good results. For example, a person understands that gambling for the sake of money (and not for the sake of entertainment) is bad. Or for example, a person under the pressure of debts becomes active and is looking for a better job or doing business.
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