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recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below  :)

Taking loans will always depend on your credibility and if we are talking Dollars here, you might not get that loan easily especially with the banks, it will require a lot of paper documents before they issue that money, and if here in the forum you still need to get a good trust.

I will not take such risk of betting using a borrowed money, because that is too risky and if you bet carelessly you might lose that money in an instant so be careful.

Depends..

When you are tending to take a loan from a bank then expect;
1. Source of income
2. Assets
3. Basic documentation
4. Co-maker/guarantor
5. Credit evaluation

The said loan amount above isnt something that too small so expect it would be not easy
to comply on what would be potentially ask.

Nah, I wouldn't dare to go that far and take a loan to put everything in sports betting. It's not a guarantee that your team will win. What if they losses? what's your plan on how to pay those loans? So it's very risky so I don't like the sound of it.

And those information that you get about those soccers, not sure how you can call it reliable. Maybe they are, but still, there are no assurance.

I will not suggest taking a loan for gambling, even if you see a good winning percentage, there's still such a thing as getting busted because of an upset, only you can answer if you can take a loan easily how good is your credit loan and your friends are all willing to give you a loan based on your record, but I doubt if they are going to give you a loan just to place a bet, even a bank will not give you a loan if you're going to use to gamble.
I have not done it and I don't think I will do it, even if there's insider info, the risk is just too high.

when i read the title i expected it to be something like a joke, but reading the thread i realized that you are really thinking and such madness. My opinion: never borrow for gambling, never borrow. this is the riskiest thing you should ever do, think: when you make a loan you have interest and a long period to pay off the loan. when you take money for gambling, the person must get into his head that from the moment he gambles that money is lost, the purpose is always for bookmakers to win, that's why it's a big mistake to borrow to gamble, don't look casinos as a guaranteed source of income, neither in the short nor in the long term. I hope you give up on this idea of making a loan for gambling and be very careful because the moment the person starts to think about this possibility then the person may already be addicted to gambling

The unspoken rule in gambling is that never use a loan to fund your entertainment or bets. This would only cause the person to continue betting and borrowing money until he/she has satisfied his bet. But given the nature of gambling being highly unpredictable, this would only result to your loans getting higher and higher overtime.

Given the nature of your account, I'd say that it would be nearly impossible for you to loan money without having any collateral in exchange. Sometimes, forum ranks are given basis in order for your request to be granted. Given that you are relatively new in this space and you are already thinking of acquiring some loans to fund the most unpredictable nature of such purpose, then I highly doubt someone would provide and fund you.

Even myself wouldnt tend to do such thing on loaning hundreds of thousands just for you to gamble out.If it turns out to be good then that you would be giving significant profits or wins but if not then
you would be suffering on repaying those loans for a long time thats why you should think twice or thrice before considering on getting one and just like on what been said by other
people above about the requirements on getting such loan then it would really be asking out for some collateral which is more than on the amount that you are planning to borrow.
Sports betting is strategic but we know that its still gambling which does really require some luck.

You will never know until you placed your bet. Is that information you are talking about even genuine and true in the first place or it just makes you feel desperate thinking that prediction can really happen? Soccer is not easy to predict. Even if you have information about the inside jobs, it's hard to execute those rigged games in the live match and much, especially if the league was reputable.

Don't expect easy money. No such thing exists in any type of gambling.

This will I'll never do.

Even if I've got an information and there's an insider, you'll never be sure with the source of that information you've heard. Well, this is you and it's your idea and you should have a good record if you're going to take a loan from someone or even in the banks and any financing institution.

It's better to don't use loaned money for your bets. If you lose, what's next? You'll blame yourself or that source you've got because you're too confident of betting with such amounts and you have to pay that loan with interest. Think again OP!

Only you can answer if it's about a loan if you don't have an existing loan with a good business and a clean record you can get a loan just don't or never mention that you're going to use it to bet or gamble, you will be turned down right away, I don't know what kind of information you've got, but you know there's such a thing as fake information and you'll going to get yourself in big trouble, if it turns out to be fake information, my advice to you is don't do it, or you'll going to regret it.  

That is too risky mate. You don't hold any assurance that your bet will definitely win, or if someone has assured you, i don't think he'll still be responsible once you lose that huge amount. Think a hundred times. You can bet but make sure to put only money that you can afford to lose. Taking loans either for investment or gambling may only make you face into future troubles once they did not turn well. Once you lose, you will surely struggle how to pay it back, even its monthly interest is still very big so i wouldn't let it happen to me in case.

Taking a loan to bet is simply not a good thing to do, but it's more terrible that you're willing take such risk based on some information which definitely might not be true (most likely not going to turn out well).

Having to take a loan to place a bet also indicates that you can't afford to lose to the money doesn't matter if you're expecting some money from salary/someone or whatnot, and the first ethical rule of gambling is, only bet with what you can afford to lose.

Don't mind that information or special tip you have there but instead, ask yourself if you can able to pay that kind of amount in the event of a loss?

You should have Plan A, Plan B, and Plan C for unexpected results and not just you are really sure about your bet. Personally, I will never create a problem over a problem. Testing the waters is good but taking risks isn't an easy decision that you will just take.

And prior to that betting, do you even qualify for that loan amount?

Taking a loan to do betting is not a good idea. You are taking a loan because you do not possess that amount to bet. Now if you lose that bet, you will still have to repay that loan. How will you repay when you have no money,  :o
I have seen people going into depression and doing illegal things only to repay their debts. Do not be over optimistic that you will win the bet and that everything will be good. Things could turn out in the opposite direction as well.

I will echo the sentiments here, maybe a loan of $100 might be something that a gambler can take. But $100k? damn, that's too big a money to gamble and take the risk. And it's either you go to the bank or a loan shark, still the big question is what if didn't turn out to be as plan? It can totally ruin you unless you have something to pay or have a big collateral. This is the worst idea in gambling. As what we have said here, just gamble what you can afford to lose.

It's ok if you are financially stable and can cover the loan payment once your bet is loss. The money you are planning to risk is too huge for a loan just for placing bets.

I know some players taking out loan for sports betting purposes but the amount is just small and they have fixed income to cover the payemnent if ever there bet lose. Assess first if the risk is worth it or you are just purely gambling because you will suffer huge debt plus loan interest if your bet lose.

Taking a loan is easy if you have a valid collateral and full information about your identity, that's what banks demand when you want to taking a loan. You could get a loan from online loan, the requirement is very easy and you will be credited quickly, but the bad thing is they could scam you or high interest. I have never taking a loan for betting, because my gambling rule is use the amount that you can afford to lose.

Its not easy to take a loan that big. A loving father will not even give you that amount when they feel like they don't see how you can repay it. Either you will present then a business proposal convincing enough or a collateral twice the value of the loan.

How sure are you going to win this soccer match? If you have the inside information of this  fix match, maybe you can sell some of you asset and buy it back after.

On the contrary, if you are financially stable then why you have to take a loan just to gamble? doesn't make sense? maybe he doesn't want to used his money to gamble though? But still that seems to be illogical.

Yes, I would agree, it depends on the amount of loan to gamble. And everyone here should know there's limits and so they will know how much money they can take out as loan.

Taking a loan is not easy for someone, especially if it is to place a bet because we don't know how valid the data we get is.
Even if you feel confident with the information you have, it does not guarantee you will get a win because the match situation can change at any time.
It's better not to take a loan and only use the money you can afford to place bets but there may also be people who take loans to place bets even though it's not recommended.
We can only advise you not to take out a loan but then it's up to you.

I very much are in doubt over whether or not someone would give you such a large loan just to gamble it all on a bet. How reliable do you think your information is going to be? Not really a smart idea, I would advise against it. And even if you did go through with it, how do you convince anyone to loan you money for gambling unless you have large collateral?

No way if you're going to take a loan and tell the lender what's the purpose of the loan, gambling has no guarantee of return, and asking for a loan to bet is a huge mistake that any gambler can commit, I would not even think of getting a loan for that, and unless you are 100% sure of the win which is nonexistence in gambling unless it is fixed.

Actually, there are more factors that the lender will require the borrower when asking for a loan. One of the most important factor that they'll ask is collateral especially for loaning that amount and has no previous transaction from the bank that you're loaning from. If you will be able to provide a collateral has more value from your loan such as assets, cars, property and more then they'll approved it whatever reason for it.

Loaning isn't that easy because there are still documents and collateral that you have to comply with. It's also not a good idea to risk your assets just to have enough funds for gambling. If I were you, I would save and allocate enough funds for gambling than borrowing just to pursue it. There's no guarantee that you could win since gambling is mostly based on luck. You might have a hard time paying if ever you won't get lucky on it. 

I'm afraid it's a recipe for disaster that you'll live to regret for the rest of your life.

I mean who the heck will borrow a huge sum of money in exchange for a probabilistic return. People who insist in taking out loans or borrowing even a small amount of money from their relatives really doesn't make sense. Also, if you don't know how you can pay your loans when you lose, you are better off robbing a bank or that person you have borrowed money from.

He wouldn't even have a life if the lender finds out he bets the money and loses. But maybe if he won, it wouldn't be that bad.


Exactly! Who would lend that much in today's economy? Normally, the lender will look for guarantor and check the background of the loaner before he'd be approved so its not really easy toget that much of a money and then bet the next day.

i don't have experience taking out a loan just to gamble , but for sure if you take a loan with such amount of money,  you need to pass more documents first to see if you are eligible for the loan that you're requesting to them.  And it will not take too long if they already saw that you're eligible , probably 2-3 days is enough.

How certain are you with the information you get to risk a huge amount? Regardless of how accurate it is, taking loan for gambling is not a good idea. What if the result is not what you expected it to be? Plus its not easy to take loan with such amount (assuming you'll take loan in banks) because they are strict and will evaluate if you're capable to pay it back.

We do not recommend anyone or anyone else take out a loan just to place a bet because it can be risky. We never know what will happen with the match and if we lose, there is a possibility that we will find it difficult to repay the loan money, especially if we have no income. So we better avoid it and don't spend more money on betting. That way, we can also avoid big losses to have money for other things still.

Using loan funds is not recommended for gambling even though it can measure the potential victory of the soccer team you choose, but in the end not all predictions are correct because in soccer betting sometimes conditions can change beyond expectations, such as a popular soccer team has been defeated by mid-rated soccer team, we can see evidence in the history of all football matches this season.

Where would you be seeking this loan from? No one on here would loan you that amount without adequate collateral. I also doubt any bank will give a loan of that size without collateral.

Let's assume you got this loan though, and the team you bet on didn't cover for you. What then?

I guess that you shouldn't ask for a loan for do a bet. This is really risky and puts you in a position that, if you lost this bet, you're ruined. I guess that you should bet what you can afford to lose, no more. But anyway, if you

need a loan, I guess that bank will not give it to you if you tell them that is for a bet  ;D. Anyway, ask to a familiar if he/she can help you, a private loan would be the best solution for you.

You should be specific and tell us what kind of information you receive is it a fix or just a good tip, if you are going to place a bet it should be on something you are comfortable losing and never take a loan to gamble it will ruin your finances

What's the purpose of messaging you or what do you mean send you a message.

You've made a good win out of your previous bets. During the month of January you've won a big amount of $550k+ out of sports betting. That shows you're good with your match predictions, but going for a loan to make a bet isn't necessary. Out of the massive win you can go for a bet with 10% of the amount won. Going for a big bet and making a win might end you to be on the Stake team.

This is truly a terrible idea and it is highly unlikely that anyone will lend you money for such a purpose. You probably have already tried to take a loan out if you made it here and you'll never see "for gambling" as an acceptable loan purpose when you look through all the options. I've seen bets lose that were 1.01 which pretty much represents you are guaranteed to win at that point (you make 1%  or 1/100 from placing such a bet). Never is sure fire and it is not a sliding scale - you lose everything if it goes the wrong way. Why would anyone lend you such an amount, when you could simply declare bankruptcy the next day if it doesn't go your way? If you want to bet such amounts then you should realize how hard it is to save up such an amount.

Others are saying it depends but despite any dependency and chances of any possibility, I'd say that just don't do it. You'll regret it if you lose and if you win then you're lucky.
But just don't do it if it's not your money, that's the basic rule that one can take into his mind whether it's trading or gambling. Just use your own money for any of those sakes but if it's not yours and you're coming to that point, you'll see the negative effect of it if things didn't go according to what you've planned and the fate isn't with you.

If you want to borrow money just to bet, you should look and remember your previous footsteps when betting, do you often win or always win when betting with your own money?
and if you often lose when betting and want to apply for a loan to bet and for whatever reason it's very silly, because when you bet with your own money you always lose.
it only makes you suffer, already suffering will destroy you. Think carefully before you regret and reflect before doing it.

The rule of never using a loan to fund your gambling is one that many gamblers don't understand early on!!! While gambling can be a fun and exciting past time, it can also be extremely addicting. If you think that you have developed a gambling addiction, seek help before your debts get out of control.

Know the risk of placing gambling bets, a budget of $50-100 thousand, can make you rich, if you win, you lose you can go crazy.

Depending on where you borrow and the loan term agreement with the lender for you.

Don't know.

My advice, try to make a bet with the money you have, a loan is not a good idea to gamble, the risk is greater than expectations.

Sounds like you got some kind of an insider or match fixing information that's why you're willing to bet an amount outside of your normal range. Did a friend of yours invited you into this? You can still make use of that info but I suggest you stay with the usual amount you bet. Less stress if it turns out to be wrong and still a profit if it turns out correct.

There is nothing more stupid than borrowing, even if only to bet on match-fixing. Firstly, you cannot be sure of the accuracy of your information, secondly, even a match-fixing may, for various reasons, end with an unexpected result, and thirdly, you can risk (and this is clearly a risky business) only with your own money. And by the way, a large bet size attracts the attention of bookmakers, so the more money you bet, the greater the chance that the result of the game will be canceled and all bets will be returned.

I wouldn't do that, any bet on any loan would obviously have a buildup of debt that destroys everything. I don't know what you think when you take out a loan to fulfill your bet so you are sure to win? What if the loan yield gets bigger when you continue to lose money?

If you want to bet why not use personal money? If you can't get enough of big bets, why not just use small money to bet? If this is weighing you down, I suggest you stop thinking that borrowing for bets is not a gambler's solution.

This is only my personal opinion about this. I think taking a loan so just you can just place bet is very risky not unless you are 100% sure that the match on where you are going to place bet is going to win, just imagine taking a loan around 50k-100k and you lose. You are going to pay those loan plus the interest.

But if you have spare money that you can afford to lose, even how big or small it is I think that it is worth trying your luck but taking a loan, is a big no for me.

There will only be two possibilities that we will get from gambling, namely winning and losing and if we are lucky, we will win, regardless of how much money we win. But before starting gambling, we should think about how much money we will use to gamble and never cross the limits that we have set. No one recommends borrowing money from anyone because it will burden us, especially if we lose. After all, we have to return our borrowed money. It would be better to use the money we have because we will not have the burden of returning the borrowed money.

Man, i have never experienced taking out loan to use it to bet. That amount is quite huge, the timeframe to complete the loan depends on where you take out the loan.
Say for example, you apply for a loan in your local bank, that for sure will consume 2-3 business days for that amount to complete their customer intelligence background check.

However, taking out loan to use it for gambling is not advisable, but still that depends on your risk appetite. It's not easy paying out loans which the money lost in a snap of a finger.

Taking out a loan for gambling,whatever the case it is,for me it is never recommended.If you know some good information like you are saying bet with the amount you already have and whatever the outcome of this game you won't risk to get into debt.There is nothing sure in sport betting even when someone promises you information about a certain event.For me any time I took loans to gamble it ended in the worst possible way,losing all that money and accumulating more debt overall.

In normal conditions in an European bank to get that amount if you are decided and convinced to do so it will take a minimum of 2 to 5 days for the bank to grant you the loan.

No one will lend you that much if you have no collateral worth more than what you are looking for. No one will even agree with your plan to get a loan for gambling purpose. If you dont have much money, bet with the money you have in your own wallet only. I have no idea why you have such crazy plan, even if you are so sure that you will win the bet but it is not wise to gamble with loan money.

here in the forum, i don't think someone will loan you that amount of money, let alone, it is for betting or gambling. maybe, there is a chance to get a loan but yes, you should have collateral or something to offer in return. even if you say your tipster is a very credible one. you can never say you are 100% sure with the outcome, up until the game is over.
so yeah, better be happy to bet what you have, don't aim too high, because you may fall hard. or if you badly want to bet big, take a loan from your bank or any close family or friend. let us see how fast you can get that money and how long you can get them paid in full.

"come across some information for an upcoming match"? are you saying that the upcoming match you are talking about will be rigged? if so, are you 100% certain that the information you have come across with is reliable? taking a loan to gamble is probable one of the stupidest things to do. also, as far as I know, banks do not give loans very easily. If I were you I would only gamble the money I have and can afford to lose even if the information I got regarding the match is 100% reliable.

If you come to the bank and ask for a loan, referring to the fact that you plan to gamble, they will refuse you. 

You can get a loan from a bank for business purposes, but not for gambling.  At the same time, you can take out a consumer loan or apply for a credit card. 

However, this is very risky. 

If you do not have insider information, then your sports betting can lead to loss and loss of money. 

How will you repay the loan (with interest)? 

In addition, in many countries, the use of insider information when betting on sports is prohibited by law.

Taking a loan to bet for sport bet is very risky, because their is no guarantee that one can win the game. But if a loan should be taken to bet and it is very sure that money will be coming from another source to pay for the loan, I can still take loan to play bet. If their no assurance of money coming from any source, I can't think of taking loan for bet.

So you are saying you will take a loan here?

I think it's impossible to take that big amount of money, it's better to take a loan from the bank and show your collateral. Loans services here do not offer huge loan, just a small amount of money but it also depends on the reputation of the users, as for you, you need to earn your reputation first.

if you do this (take a loan for betting) then you are doing something very risky. Even though I was given the opportunity to take a loan, I would not spend that money on betting. I better invest the money and I split the profits into several parts (60% to pay off debt repayments and the rest to gamble and meet other needs).

If I should feel free to leave a comment, my opinion is that it is stupidity to borrow such high loan for bet, if you are able to borrow that large amount of money, definitely you are not a poor person because you will need a collateral to borrow such high amount of money, which also means you are earning good amount of money. Leave this, just use the small amount you can use to gamble than having a time of regret in the future that you should not have borrowed to gamble.

How sure you are that the info are accurate? But, the loan amount is too big and usually it can take some time for it to be processed but if you are close to the people that processed loans they might speed it up. Just tell them that you are in a hurry but don't tell them that you are doing this only for the sake of betting because that can disappointment someone else.

I never did such thing, because for me it is only an additional headache as gambling is very risky. Also if I won, there is no guarantee that I can pay the loan immediately since it wasn't their deadline yet and worst thing that could happen is I will just use the money before the repaying date comes.

Is that information reliable? If it's a 100% sure win, then you are at no risk of borrowing money, you can even make your property as collateral as you are sure you'll be able to pay that loan after the bets get graded. However,  think of the risk also, if you lose your bet, you'll regret your action for sure.

Thing is, gambling is supposed to be treated as a fun activity, so taking loans is not necessary anymore.

If you have not any collateral you will not receive such high amount . clearly impossible.
without collateral, you can receive some amounts from your bank, but unless you're earning a BIG wage or you have a business it's clearly impossible that they provide such amount with a low interest rate ...

but the general question should be....
it really worth such risk?
if this is a rigged match sportsbook can decide to not pay a penny and freeze your money!
if this is not a rigged match you risk a lot of money for a 90 minutes play... an amount that normally you can buy a small house... it means a debit that you will pay for 30 years.

Even some businessman said taking out a loan for a business, investment or trading can be considered as a good way, but I've always told taking a loan is really bad even you've calculated it before. The thing is there's no guarantee your analysis will work 100%, you can't predict the future. Now you're taking out a loan for gambling? you're really stupid or an addict, it's better for you to limit your gambling activities.

In my opinion, this is the most irresponsible idea I've encountered on bitcointalk. Allowing yourself to take such a huge amount of money on credit and bet it on one single match is just stupid.

If you couldn't make that kind of money up to that point, why would you think you could pay it back if you lost it? After all, any plans can fail and you should always have a backup.

A bad idea is actually take out a loan to gamble, according to my experience and that of my friends. Loan any amount if it was to steal profits in gambling would be danger, lose and lose would continue until they forgot how much they had loan. My suggestion it's better to gamble with small money but be prepared to risk losing, than to loan and it will disturb your health, love yourself more wisely.

It does seem like a crazy idea. The only way this would not be crazy is if the proposed $50k or $100k amount doesn't mean much to you. But obviously this is a large amount for you, otherwise you wouldn't need to take out a loan to cover it. Really this doesn't make any logical sense at all, so I'd say don't do it.

Taking out a (smallish) loan to gamble isn't necessarily always a bad thing, it depends on what you're doing. Putting it all on a single sports match doesn't make sense. But taking out say a few k and buying bitcoin and ETH in the anticipation of price increases over a period of years, whilst still risky, is probably a better option.

Taking loan for gambling is just like jumping in river without knowing swimming. What if you lose the bet from loan money? You will take more loan to repay the loan. IMO gambling must be taken as a secondary form of entertainment and only invest as much as you can  afford to lose there. Never ever think of taking loan for betting.

I would not even take a loan to buy a promising cryptocurrency because today's world is very unstable and none of us can predict what will happen tomorrow. That is why I invest and gamble only with my own money. The only thing I think it is rational to take credit for is a mortgage or expansion of existing business. Everything else is very risky.

In general I would advise against using leverage for sports betting. Taking out loans for gambling or investing is a very dangerous undertaking and can lead to financial difficulties. Normally we say only use money for gambling or betting that you can afford to lose, and borrowed money we can't afford to lose.
In case you have some insider information about an upcoming match than things are different. First of all, how reliable is your source? Only if you fully trust him I would act on that tip. To take out a loan of 50-100k USD you will need collateral as security. If you own an apartment you could ask the bank for a mortgage. Depends again on how fast you need the money and when the game is. The best strategy would probably be max out all your credit cards, sell all the stocks and cryptos you own and ask friends and family for the rest. Just make sure it's really a safe bet and you won't lose all the money.

 A very bad idea and can cause you huge losses not only with the loan money but also the after effects in case you went deep

with your gambling activities. It's not just you personally, but the domino effects are also possible to happen. It can lead you not

just to ruin your own life, but also those who are close to you. Most of the time, your love ones are also affected if you turn yourself

into a gambling addicted person. Always be on the right side, gamble only the amount that you can let go, no need to loan

but be more practical and enjoy.

It is better never to gamble than to borrow money to play gambe because it is still a waste even if one wins the game, the money made from the bet will be used to settle the loan borrowed.

As I understand it, you received insider information ....

However, insider information can also be false.  It is possible that you will be deliberately misled.  It is also possible that the source of the insider information was (in turn) misled.  In any case, you can get into a very dangerous situation.  If your venture fails, you will not be able to repay the loan and pay the accrued interest. 

The bank is very cruel to debtors.  It passes the receivables to collectors.  Collectors take all measures to collect the debt from the debtor. 

In my opinion, the only situation where a bank loan is justified is the purchase of real estate.  Real estate is a very expensive asset.  It is difficult to buy property without a mortgage.

There is no guarantee whether insider information is correct or not, then why taking risk of loan. Bansk AFAIK does'nt approve loans for gambling, obviously you will give some wrong info to get your loan approved. Banks are never in loss they have something in there hand which you pledge againest your loan. Take loan for safe investments like real estate as you mentioned.

i hope the OP clears his mind towards this matter. insider information is always not a guarantee that it will truly happen. there will always be other circumstances that may influence the results. if the OP is asking the possibility to take a loan from here, i don't think he can get from here. his chance will be from banks, but what would he do if his bet turned otherwise? he will just ruin his life on this. better be contented on how much money you have. take a big loan on more important things.

Hmmm... https://bitcointalk.org/index.php?action=profile;threads;u=1042486;sa=showPosts

Guys, don't you think this is strange? A better who boasts about the fact that he won 550 thousand dollars in a month at bets is talking about borrowing 50-100 thousand? This calls into question all his previous stories.

I don’t know what is the point of creating such freaky topics (he used to at least advertise his telegram channel), but I would be suspicious of his messages.

Maybe he lost all of those 550k and then tending to borrow 50k again to cope up with the losses? What you think? In overall its not really that a good idea
to take up some loan just for you to gamble out unless if you could be sure on able to repay those amount in the right time but if not then its not really that ideal on taking such step.
We know that sports betting do have better chance on winning than playing with luck based but we know its still gambling. 50% chance on losing your bet thats why
its not recommendable unless if those amounts is something that you can afford to lose.

I agree - I would not even dare to do that. Rather you can make small bets.
I would think 100 times to take that risk and with loan money - a big no, please play safe. And always think what if you lose - your debt will be double.

Then OP is surely fuc*ed up.

That's why I mentioned first that, don't mind the information that OP got even how reliable is it because, in the event of loss, that will be big trouble. Going all-in is not a good idea especially if the bet amount on risks came from a loan.

And to be eligible for that big amount as a loan, OP needs to have good credentials. No lending company nor banks will just release that kind of big money. Even rich people are having difficulty getting that loan amount.

It would be incredibly difficult to get a loan if your purpose is to gamble with that money, almost no bank would be willing to give that money away unless you were a profitable gambler and you knew the one at the top of the bank from which you were asking the loan, now you could try with your friends but it is doubtful that someone could have so much cash around, besides it seems you are completely convinced you can win the bet, but most of the time things are not so simple and if you happen to lose you can easily ruin your life over a single bet.

If I take a loan, I will not use it to play gambling but open a business that I control to have the opportunity to make a profit.
Playing gambling using a loan will only give you the risk of losing because gambling can never be a source of income for us even though we are lucky.
After all, we also don't know when that luck will come.
It's better to play small and in moderation than forcing yourself to play big using borrowed money.
Let other people borrow money because they may have their own considerations.

Bank is the key if you have a good credit score but if you aren't then it would be hard for you unless you know somebody who is rich enough for you to give that huge amount of loan.

Loaning money just for the sake of betting in sports isn't advisable but isn't illegal as well. Maybe think twice or thrice with your decision OP because this might change your whole life. That is a huge amount to use to bet with especially with what is happening right now. I'd rather not taking a loan just for the sake of betting if I were you and will just the money that I have in the pocket. At least with that, you will not have more problems if you lose.

If you really want to make a loan that huge though, maybe think right now where will you get that amount if things will not go your way. :)

A lot of people quick to give their opinion on whether they feel this is something someone should do or not (regardless of not having any idea of the persons situation) but I appreciate those who actually answered the question seriously as I kinda wondered myself how someone would go about getting a loan of this magnitude. Interesting stuff.

I think you just made it up, but if you're serious, you might play Russian roulette as well, right?

I would have no problem taking a $50K loan, plus I would have it in the account instantly, but I wouldn't do it for that guff.

The bad thing is that it's not the first time I see on forums someone saying they are going to take a loan for gambling, buying stocks, etc. And it doesn't usually end well.

You are taking big risk because it's never advisable to take loans for betting as you could loose the bet but still have to repay the loan amount along with the interest.In your case you are saying of having 50-100k loan which is not easy to be passed but depends on your credit score or have you taken any past loan and how would you repay the loan amount.But this for sports bet is not favourable according to me rest you have lot of options from members above.

I think there might be that it happened in the past but for sure that was too risky for a move to loan just for the sake of betting, it's a ridiculous thing. It's still a gamble and you will never know the outcome unless you're really that ready to loan and if you lost you're ready for the consequences. If you can pay the loan and can fathom the risks, then it's your own gut that will be followed.

A recipe for disaster! Take a $50k to $100k loan to bet on a soccer match! I guess even if you win that bet and make some money, the next time you will go for over a $100k loan, just because you think it's so easy to make money...

As always, don't take loans for stupid things! And taking a huge loan to bet on soccer is more than stupid in my opinion! Taking loans for gambling will just get you in trouble, sooner or later!

In my opinion, the problems will start as soon as TS takes a loan for such ridiculous purposes. I would advise him to urgently reconsider his attitude to money and risk and educate himself, because I think that only an uneducated person would come up with an idea that could instantly ruin his life if his bet loses. Gambling with credit money is an attempt to risk your freedom. I don't understand that at all.

Well, it will always be TS's decision if he wants to take a loan for gambling then get one, but it will always be his responsibility to pay up the loan in due time, even if he wins or lost in betting soccer it is always good to pay up your loan because that could get ugly in his part, his credibility is at stake he can never get a loan in some other platform if he could have a record if he will be needing money for an emergency,

But yes it is stupidity to make loans for a gambling match that has a huge risk involved, I think there could be some people that are very lucky to make loans and win a bet but that is by an actual chance only, so yes my advise is do not take loans for gambling,


Well, unfortunately, I have seen Educated people ruining their life because of gambling, mostly loaning big money and then using it on gambling I think it is not because you are educated you can have the right mind to decide whether that thing is good or bad, sometimes people become desperate enough in taking loans then decided to use it for gambling, it is not because of what diploma you have attained, or what school or universities, you graduated, none of it matters when you are desperate, I think the right question is why people become desperate, or what triggers a person to do such things,

We do not see in TS's words despair. Rather, we see a desire for easy money, but an educated person understands that the possibility of getting easy money through credit is associated with very high risks. Therefore, an educated person is more likely to decide not to participate in this kind of event.

In addition, desperation is not a feeling that a person should trust. Despair is more likely to lead to more problems because it clouds the sober mind and allows emotions to control a person.

If he takes a loan, we just hope he can manage the loan money wisely and not use it to play bets. He will get a big risk if he uses the money for betting because there is no guarantee of winning it. If he had lots and lots of valid information, he might have a chance to win but it would all come back to his luck. Many people who have loans find it difficult to repay the loan money, especially those who do not have an income every month. So he has borrowed money or if he wants to borrow money from someone else, he should think twice before deciding.

Exactly, borrowing money to gamble will only add a problem for our life, it would be nice if he win after betting $50K (example), but how if we are lose? Is there money to recover when we have to pay bills. I myself do not dare to do something like this. I'd rather use free money than borrowed money just to bet, since I already doing this long time ago, and I lose. Moreover, even though the team on paper will definitely win, there are always surprises in the match. Sometimes, when we are too confident, and bet All In, the result is just going opposite. However, back to the OP, if he feels he can pay if he loses, he will take the risk.

Given the history of the OP's messages, it can be assumed that he either invents a lot or has big problems with gambling addiction - also because he was a successful better in the past. One way or another, borrowing money to bet on a supposedly fixed game, in my opinion, is the most unprofitable decision. By the way, it is possible that the one who gave him information about the upcoming game (allegedly fixed) just deceived him.

It seems to me that if you earned 550 thousand dollars in one month, then you are unlikely to lose all the money because you have to set aside a part as a "fireproof" amount. In general, now I just do not believe in the stories that the OP tells, maybe he will provide some evidence later, but until then I will be extremely skeptical about them.

Taking a loan for a sports bet is extremely risky except you have a very reliable proof that you would win. I even doubt if there are anything called reliable guarantee that a game or number would play. Loans a better used for investment and not for try your luck scheme like gambling. The best advice is that you play with what you have so that when you loose you can be able to bear the loss. If you loose the money you borrowed, it might lead to depression and other health challenges.  

In this case it all comes back to what you want but obviously this is something that has risks and I can say this is tantamount to burying yourself.
Borrowing money just to bet is not wrong but in this case the result is most likely 50:50 even smaller than that for the win ratio because it is clear that losing is a big one in sportsbet betting though.
For personal money, maybe I will not forbid things like this provided you are able and ready to lose that much money, but with a loan, you have already lost that much money, you will also be chased and demanded to return then this is definitely not worth it.

I just read LOAN + BET in the same sentence????

NO !!
Never take loans for a bet, trying to place your money in luck by chance senario and losing it would be your biggest mistake, it shows that you do not have money for the bet it to loose those much amount therefore you must understand that you don't want to be in a debt if this goes wrong.

I have never done it and would never do it as well!! It's not healthy gambling if it's not responsible.

People have definitely done things like this and nine out of ten, if not all the time, regret making such an unwise decision. This is almost same as deciding to borrow money to trade.

I'm not eliminating the possibility of fixed sports bet games, but If you come across a fixed game, you may still try it...but the best advice is take such a risk with your own money! why borrow money that someone may want to use for something important and then you borrow it with the intention of wanting to gamble with it on some so called fixed games, this is an abuse of relationship to me. If you must borrow money, borrow for very important cases and use, not to gamble...it reeks of irresponsibility.

Banks would be very happy to cater your request if your finances are somewhat established and you have something in your possession that can work out as a collateral to your loan. If you're certain your bet is going to win, go for it, but alway remember that most of the time, loans that are used in gambling go bust, and the borrower ends up being broke and depressed, looking for ways to repain the said loaned amount. That should already deter you from executing your plan, but it's still your decision anywa.

It was only a sportsbet anyway and he can have an extra chance of winning than he will be using the money in a game of luck or in casino games plus he have some info's with him that can surely help him to secure the win. Most of us have jobs to live, so the guy also has one. He can use his salary to pay for the loans.

On some jobs there are benefits and he can take an early loan from those benefits. He can also use that money to pay for his other loans. There is no person that will take a loan if he know's that he doesn't have any source of income to pay it because he will be in trouble or there is no way that he will be allowed to take the loan.

In a third world country a common person who leads his life out of daily wage won't make this money in his lifetime. Taking such a huge money as loan for the purpose of gambling is unwanted. We don't know the outcome, if the bet wins, it is fine and if things take place in the opposite way entire life gets disturbed.

There is difference in making bets with own money beyond our life needs and money taken as loan for the purpose of betting. I've experienced it in real life and so I suggest no to do it. Here's the story of me taking a loan and ending with debts Be A Responsible Gambler (https://bitcointalk.org/index.php?topic=5329777.msg56754600#msg56754600)

Do not believe it could be that the information is not 100% true. Taking a loan to play gambling is not recommended, it is very risky. Try to think for a moment about what might happen in the future if you lose at gambling. You owe the bank and lose your collateral.

However, the bank will not give you a loan for the reason of gambling football. Without a clear reason of course the bank will refuse it and also you must have collateral.

OP thinks that following a tip, it's a guaranteed winning which in reality, it's risky as hell. Let's say OP is really sure about that and wants to take the risks, getting a loan is not even possible for him. There's a certain requirement for that kind of amount and banks or certain lending institutions won't just release the money even how well they are qualified. There is a first loan limit, second, etc.


It's actually pretty easy to say another reason for the loan purpose. The problem is like I said, banks won't just release money without meeting their credentials and requirements. OP seems sure that profit is coming to him with that received tip so good luck to him.

As far as my experience in associating with banks, there's no such thing as even if you are a profitable gambler, you can get an approved loan by the banks. That's not how banking loans work. For the first-time borrowers, clients need to pass all the credentials and requirements that banks asked them to do so. It's a hassle but for another loan attempt and the credit score is good, banks will be the ones now to offer the loan to that client.

For the loan amount mentioned in the topic, I think OP is just trolling here. OP really concerned about the loan without thinking if the information is really legit which I doubt it is even though there's inside information about a possible rigged game.

It's not that simple to execute rigged games.

Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.

From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.

So no, don't do that crazy thing.

If we lose, we will lose the money and find it difficult to recover it. In addition, we have to pay back the money we have borrowed and usually, there is a time to be paid. I also prefer to use free money, especially research whether the casino can be a site where we play gambling later. I still see some of my friends using All In bets which cost them big losses. That's why we always recommend not to take too big a risk that we can't afford.

Gambling is already a risk and taking loan will increase your risk even further. What if the information you received is false? You will end up losing all and it is going to be really hard for you to pay the loan. And no one is going to give you 50k to 100k loan for gambling. When you take loan from banks, they will want to know what you are going to do with this money and how you are going to repay them. You will also need collaterals to get the loan.
Don't do it. Gamble only what you can afford to lose.

I think you should be able to consider more deeply about taking a loan just to gamble on sports, because you have to try to predict correctly, at least accurately up to 3 times in a row and if you have the courage to take a loan it is your risk that you must prepare.

Question is where do you plan to take a loan? Do you have any collateral to give incase you are not able to pay? 100k is not just a small amount that for someone to lend you especially that you'll just use it on gambling. Taking a loan just to gamble will just ruin your life. You'll just be in debt if you lose on that soccer match that you're planning to bet.

If someone could predict accurately the outcome of a sports, I don't think they will share it to someone.

are you talking about in usd?
come on, your optimism is so good and strong but is there any other way, other than borrowing money for an event? it's a luck factor.
maybe you are so confident because you really like the football club and have watched it for a long time. why don't you use the funds that you are ready to lose in the pocket that you set aside? little can be obtained from fairly accurate predictions, but what if on the contrary?

let's say you still insist on borrowing, of course the condition is that there is a guarantee, either assets, valuable objects or something with easy liquidity and takes 3X24 hours.

the guy simply created this thread and then disappeared, it looks like something happened to him, I hope he didn't go ahead with this idea of making a loan for gambling, in the past he created a thread where he showed that he won a lot of money , but we all know that in the world of gambling, not every day is won, and when it comes to losses, things start to hurt and at that moment it is easy for someone to think about wanting to borrow to continue playing. I hope OP doesn't borrow


In the past OP said he won a lot of money and his strategy was but sports betting he uses parlay and he showed here on the forum that he had many wins, something around more than 500,000$, the question I have is if he still has money or he lost everything and is looking to borrow money in the real world to continue playing. Anyway, taking out a gambling loan is not a good idea, even if he has a lot of valuable assets to pledge as collateral.

If you could have other alternatives to find funds for betting then don't loan. You'll only be putting yourself in a risky situation. There's no guarantee that you can win so if you'll loan, you'll have a hard time paying it. If there are upcoming events that you're interested in betting with, you must prepare for them ahead of time. It's better to use your own hard-earned money for gambling.

I am not talking about Despair, I said TS is desperate in winning big in gambling he doesn't go to loan big amount of money or doesn't need to loan at all in playing low-risk gambling, but yes if that loan money would eventually lose then TS will surely learn and fee despair that is for sure,

And you are right in saying that Despair can surely cloud the mind and may sometimes lead to addiction, and yes educated people will surely see the value of money and the risk of gambling but not all educated people will see the risk in applying gambling to a loan, that is caused by desperation


This question exists for a reason, and it is really happening, there are a lot of crazy people that really do this kind of thing and even though we can not see what really happened to him there is an intention for him to gamble that loan money and giving idea for more people to make easy money in a risky way,

I have read in an article that there are students that are gambling with their borrowed money and this is in a survey that they have made in near schools that students can sure gamble with their parent's money, or sometimes borrow it from someone that they know, these teach us that all individual even the young students have access to gambling and there would be addicted students to gambling.

First How sure you are to get that Big Loan ? is there someone that can fill that amount?

Second is Are you really familiar with the soccer team and the opponent that you wanted to bet on?

those questions are need to answer because this is your money mate and it is your losses if not find the right track .

You mean 50k-100k$? if yes, this is a very large amount of money. And if you're gonna get this amount through loan program, probably it will not be easy instead it's gonna difficult for you to get this I am telling you now. Of course, the lender will ask you a big collateral to check if you are capable to pay that amount of money, unless you have a big assets in the exchange where they will surely get that depending in your agreement.

That's correct, no one could get that huge amount of money through loan here, even if he will convince the lender that the bet is guaranteed to win, they will never believe because in real life, it does not exist, it's just only the words coming from the scammers.

The right thing to do, is collateral the house and lot and ask for a loan, but probably only available through financial institutions like banks.

Even if I really believed one of those teams could win the game and the stakes would be profitable, then I wouldn't make that loan just because I wanted to bet. It's too risky to do because we never really know what will happen at the end of the game even if you believe the favorite team can win. Loans to bet are never recommended but you are probably safe to bet if it's your own money an amount you can afford to lose.

I don't even think it's safe to make a loan for investment, much less for gambling. But if you really believe you can win that bet then start with a small amount and if you are successful, combine those wins to bet on the next match. But try to avoid loan to gamble if you don't want to get into trouble.

It may be better to abandon the idea of ​​taking out a sports betting loan altogether.  

Many crypto enthusiasts (bitcoin maximalists) have sold their houses, apartments and land to invest in bitcoin.  

Maybe the topicstarter should do the same.  If he is absolutely sure of the reliability of insider information about the outcome of a sports match, then perhaps he should sell his property and receive the necessary amount of money.  This will allow him to save on paying interest to the bank.  

However (in my opinion) this is a very risky gamble.  

Therefore, I do not recommend the topikstarter to sell the last apartment - otherwise he will simply have nowhere to live.

Some gamblers are willing to bet using a loan even though they already know the risk to bear double losses because they have to pay the loan according to the agreement time, if the loan is in arrears then he pays the interest too. So in gambling it is not recommended to gamble from loans because gamblers are not focused on enjoying gambling other than greed for winnings and can benefit from loans.

Precisely, a guarantee bet is not something that anyone can easily been proven, maybe a part of a deeper mafia, but they will never share that information. They will protect it not to be leaked. It's a lot of money that in stake and no one from that particular group will take that risk being burned if they mistakenly exposed their business. (not proven, but rumors think it does exist)



If you have that properties, you use it as collateral to collect the funds that you needed, if you are sure with that kind of decision
no one can stop you, but always put in mind that shit can happened and learning things the hard way is something that you won't
love to experienced.

Even if the team is bought, first of all, this does not guarantee a 100% result (they cannot openly score goals in their own net, and the opponent may be unlucky that day). Secondly, bookmakers, having suspected something was wrong, can return all bets. And then at least the OP will have to pay for using the loan, but at the same time he will not receive any profit.

Thats the real impact of taking a loan. People who have taken a loan for some other purpose in the past will never think of taking a loan again. When we were credited with the loan amount we find happiness, but the same won't last while repaying.

A loan is a good plan for a purpose that gives assured return. With gambling we don't have anything assured of a win, there is chances of loss too. Not after the tenure, once the amount gets credited automatically the interest gets calculated and added to the capital.

I think the author of this thread is safe... He is not going to borrow 50,000$-100,000$ from any lender or institution without a very good collateral. :D

Even craziest than borrowing money to gamble, it is to lend such amounts of money to a gambler without a guarantee he can pay back if his bet goes wrong.

With huge money there are many other methods to invest and make that sum grow. It's really not necessary to go all in one bet, doesn't matter how safe it looks.

Never ever consider yourself to be on that safe situation whenever you do get involved yourself with gambling because you would definitely be experiencing the other way around when it comes to probability of
winning which we know that its always been risky no matter how you do consider yourself to be good on sports betting. Taking a loan for the sake of gambling is never been a good idea.
I dont know on why there are some people do really consider out on taking such risk without even trying to realize on the risk factor plus acquiring such loan amount isnt
something easy yet this one would require lots of requirements and needed for a loan to be granted.

It's the thing, some people are not responsible! Some people are taking loans without thinking about how to return them eventually! What these people don't understand is that it's not just their "credibility" at stake, family and close people can suffer a lot more! So when it comes to OP and his words I think he is very irresponsible when he says how he plans a 50k-100k loan for a bet on a soccer game?! I think he doesn't understand the consequences if he loses a bet! And as I said, even if he wins it will be just postponing a disaster, he will probably think about the easy money and he will try to do the same with more money maybe! So the hole will just get deeper and deeper...

It's stupid to borrow money for gambling in any possible way! People should have fun with gambling if they have some money to spare, playing with borrowed money is just a burden, and people should never do it!  

Think many times before you make a decision. Borrowing from someone or lending to a company just for a gamble that you have no guarantee that you will win is not a joke.

Because debt and gambling addiction is one of the causes of depression today and sometimes even leads to wrongdoing or suicide. And it’s even sadder if you have a wife and children and ruined your family because of being buried in debt because of gambling. It is not bad for a person to give his own happiness, but we must have or know our limits.

First do you have the collateral equivalent of the loan you about to take? Taking a loan with such amount will require lots of assessments like source of income, assets, Creditworthiness and guarantor. But how on earth will you think of taking such a huge loan on a bet have you thought of the risk carefully? it is scary to make such an attempt

Doesnt really make sense right? How someone do really consider out on taking a huge loan just for him to make out some bets or simply gambling? If you are on your right mind then for sure you wont be considering

such step and its true that acquiring such big amount loan isnt something simple that someone could really be able to comply.The amount is huge which banks and other business firms will definitely

be looking into something which do really correlate on the amount that you are requesting or taking up some loan.If you cant provide on whats been asked then expect on what would be the approval which
would be surely declined.

OP can consider following the tip, there's nothing wrong with that. But as you said, going all-in in one bet should be taken into account seriously. OP should think of those things that might possibly happen if ever that bet loses. Even without pursuing a loan, OP can still take advantage of that tip by betting only the amount he is willing to lose or risks.

OP should not treat gambling as a child's game. It already destroys lots of lives because of doing a loan for gambling purposes. Don't put your life on a complicated status as if you are the only one who will be affected but also all people around you, especially your family.

Never gamble with a loan! When you do this, you've already lost. There is no 100% guarantee of winning while gambling. If you lose in this way, you will have lost twice as much and you will have suffered a great psychological loss. My brother did this before and couldn't recover for a long time. I know how bad it is because I see it so close.

That's true but often, people don't think twice and immediately take loans from other people. Only after they get into trouble with the loan or have to pay it every month do they think about how to get the money to pay it off. This often happens in the real world because people can easily borrow from others.

Those two things, namely debt and gambling addiction, are serious problems that everyone should avoid. Having this debt will make us feel hard to pay it. Meanwhile, if we are addicted to gambling, we will find it hard to leave it even though it is for our good.

What I have heard before and what I can be able to do is to borrow money for business and not for gambling because gambling is not a business, it is not a job, it is even not a profession. I see no qualification for someone that will borrow to gamble than stupidity and foolishness. There is nothing better to even gamble with what you can afford to lose rather than borrowing.

Exactly! It will not depend on a person's status or if he's educated or not, people can become desperate depending on the situation, and being addicted to it is a snap as well, but I am not saying that all people will be doing this loan and gambling thing, it can happen to anyone of us, in desperate situations, the rich could get bankrupt and eventually thinking stupid things like this, or most notable will be the poor once that doesn't have a thing at all, so it can happen to anyone, but it will always depend on the situations,

And yes it is really stupid to borrow money and gamble, anyone can gamble without getting a loan, but it will depend on your financial status, And TS is loaning for the purpose of one thing only, and that is to gamble, he might be desperate in increasing his money, or he could be just doing an experiment if his lucky or not or worst part of this he could be addicted without knowing it, any situation can end up really bad,

I think it depends on the requirements and rules made by the lender, for example, the guarantee that must be adjusted to the size of the loan and also on how much of the repayment must be met and the possible time will be determined as well. With this policy, then all choices return to yourself, whether you are ready to do it or not. If you are not ready and just to try, then I would suggest avoiding it because it will be very risky, instead of winning you can be very down and destroyed. It's different if you are really ready and completely sure that you will win with the capital you get from a loan, but still gambling is not right if you borrow it in large amounts because it will only make it a burden for yourself.

Tbh, the chances of ones success in betting with borrowed money is really low 
So the OP should know this and refrain from such no matter how good of an analyst you are.

If he told the institutional to borrow money for gambling, then he's dumb since no any legit institutional will give him loan. I believe there are many people who borrow money for gambling and he claim it's used for personal or etc, because most of addicts are rekt since they're using borrowed money. Now I'm worried if the @OP is a gambling addict but still force himself to gamble.

Most loans shouldn't be THAT hard to take if you have all the requirements the loan agencies set beforehand. It may change depending on the amount and may differ from agency to agency though, so that'd be different from what I have here to what you have there. At most I'd give it a week, at the very least, one or two days. That's the regular type though, as I said, it might differ if the loaning agency you visit has different rules cause of the amount you want. IF it was from a family/friend, then it might be faster really, if said people actually trust you to pay.

Wouldn't really recommend it though tbh.

Even if TS manages to take such a big loan and pay back the debt to the bank after winning, this story still will not end well. He will understand that it is possible to gamble without having his own money and sooner or later he will lose the borrowed money. It takes years to earn that money in my country, which means that if he loses, he will just have to work to pay the loans.

I would advise him never to take out loans for such risky ideas.

Be sure to check how reliable is the information 50-100k is such a huge amount to take a loan, the first rule of gambling and investing is always invest money that you can afford to lose, this is gambling there is no uncertainty here, even if the game is fixed things could go the other way around, and about the loan, if you are very serious on what you are going into, you can easily get a loan if you have a good credit line, in my case, I would not even think of taking a loan just to gamble, it's not my character and it could ruin my life.

It seems that the OP is serious about the information because why would he plan to take out a loan? I am sure that he already knows the risk, that is why he is not rushing but he take the time to ask for a second opinion here but unfortunately many of us here is not in favor of his plan so sorry OP, I guess you will need to cancel out that plan and follow instead what is suggested here.

Take the advice of this user for instance. Try to look for another way to make funds without needing to borrow it and repay it. The only disadvantage of it is that you cant get that much money you are planning to get in a short period of time and you can miss the game.

I agree that the OP question requires another explanation as a second option from experienced gamblers and all the above opinions are relatively unsupportive of loans to be used for inappropriate purposes and very risky. I hope the OP continues to actively review the discussion in this thread and consider every opinion that has been put forward for the purpose of sharing a good solution for you, that we must have limits for gambling and we bet using money that is ready to lose without being tied to a loan with any party.

I would always think of plan B - what if the bet is lost. Losing all the loan  money in gambling is something I would not prefer at all.
But his is a big risk OP - should decide carefully after careful consideration.

Very big risk indeed that getting some big loan just for you to make some sports betting? If you do have other source on paying up the loan then its good but if not? Then you are really
making yourself on putting into a situation where you would definitely be having a hard time on repaying those amounts until interest would bloat out which would cause more problems.
So its better not to take some loan as much as you could so that you wont really be finding yourself on a situation where you are messed up paying those amounts for long term
just because you had spent it all in gambling.

in the first place, i don't think anyone from here will give him a loan without any significant collateral. maybe, he has a chance if he will borrow it from his close friends or colleagues and know his financial capability. but asking from here or any other forum, i don't think he will be successful in this task. no one can guarantee the outcome of the bet. that's for sure, even if it is insider's tip.

When you have an account in a bank with some steady inflows, like from a job, banks will allow you to take a fast loan. The amount depends on many things like the bank itself, the amount of money going through your account, the age of the account, current loans that you have, and so on. In my case I had about 1.2k EUR of steady inflows in one of my accounts and could take a 5k EUR loan just like that from my bank API so a small loan is usually not a problem. There are companies that grant small loans with no collateral within minutes. You just need an ID.

That said, I wouldn't recommend going into debt to gamble.

I think taking loan to gamble is really a bad idea, the risk is kind of high, which the chances of you winning or losing is 50:50, if you endup losing the bet how will you get to pay back your loan, I think you shouldn't be that addicted to gambling to the level of you planning to take a loan just to gamble. If you want to gamble its better you use your own money to gamble and it should be the extral cash you are having which you won't be making use of.

Wait, are you planning to take a loan for betting? have you ever head about "spend only the amount that you can afford to loose"? If the money is loan, it means that you must win in order  to be able to turn back the loans and its interests. But, will you really win the betting? betting or gambling is uncertain, we cannot guarantee that we will win. Nobody knows that we will win or lose. I am sure that very few chance to get loans ifit is used for gambling, especially from the bookies that take advantage of greedy people who want to always play gambling.

Well its not smart to takeout a loan for gambling. Everything can go wrong at any time. Even if the match is fixed and you think it will win 100%. You should always see and test out a few predictions if you have information. With a loan its a higher risk always try with lower amounts first

Common things now here in my place. Lots of loan app companies but the interest is crazy. Although, you can't such amount mentioned by OP at these loan apps. Regardless, taking out a loan for a sports bet is a crazy thing to do.

Even though I have lots of money, I won't risk the information that OP got claiming it's a good bet to risk.

I'd rather trust my own analysis compared to any information that I will get for a possible supposed fixed match. Nothing beat our own experience than relying on some random information or tip that we didn't even know in the first place if it's legit or not.

Yes, that's correct. It is better to take a loan to develop a business than to gamble because we can have the possibility to make money and our business can also be more advanced. Playing gambling does not need to spend a lot of money because playing gambling is not too important to live. If you lose at the gambling table, your money is completely lost and you will have a hard time recovering it.

Developing a business is not as easy as you say because when the business is started and there is no demand due to the lack of relationships from some friends, the money you use for the business does not grow, while when it comes to gambling there is still a possibility that it can give you income even though it is only small at least can provide results in a day without having to wait for someone else to buy the product you are selling.

Business and gambling have the same characteristics because neither can give a definite profit and each has the same risk.

If that's the case then it's not playing for fun anymore rather it's a life and death situation where you might put all of your life savings in just one match where you might not gonna have it back. Your life will not be the same after it whether you win or you lose since it is a huge amount of money. nevertheless, you cannot get anything from here other than tips and advice, and most likely you won't get their affirmation because they know what it means when you lose and you needed another loan to pay it back which will gonna hurt you in the long run.

If you have a sustainable bigger source of income, that will be easier for you. But if you have none or even a stable job, its quite impossible for your loan to be approve. Honestly, i have not experienced taking even small loans for gambling. That is quite absurd to think. Good thing if you have multi sources to generate an income for you, but if you are just earning a minimal income, taking loans will never do good for you. Remember, its good to gamble if you are using your spare money, otherwise your life will be rekt if you lose a big amount and then suffer its consequences.

The problem with what you say is that nowadays many people who have self-control problems take instant loans to continue gambling, which is a disaster. In the end they end up having to pay back a 5-year loan because they couldn't control themselves one night. I think the banks know this and that's why they make it so easy, and I'm not just talking about gambling.

What the OP is proposing is different, however, it would be a premeditated action, but a crazy one nonetheless.

The is a too risky thing because if you think the information is legitimate and came from the match fix I guess there's a higher chance that you will get a good profit but if you just get the information somewhere else I guess it is better to make doubt to your decision if you are willing to risk it's all about gambling a high-risk reward set up. This bet is a life changer possible you get a good profit or possible you lose your life savings.

It is not easy, but if you already have a business plan or have started your business, then you can use the loan money to develop your business to be more advanced. But if the borrowed money is for gambling, you will not get a great opportunity to make money.

Business and gambling may have the same characteristics but it will depend on the plan we have made to run the business. In gambling, you risk a certain amount of money to make money. So you just choose which one you want to do.

Thinking that the game can easily predicted and hoping that shit won't mess around, taking a loan and gamble is not a good action at all.

My personal take on this is to gamble only your spare and enjoy whatever it takes. Most of the time, when you are on the winning side, you

become more aggressive. You are thinking that you are ahead against the house, not realizing that time is just waiting for your losing

streak to show up. It's not just the casino, but also applicable to sports betting.

This is my message to you. This amount you want to borrow on loan is too much to throw into a betting game. Remember it is not a guarantee that the money used in gambling will come back in winning to you. You may see the game like a banker but it outcome is not sure. Take a deep breath even if you an addict, don't throw such huge amount into gamble whose chances of winning is not in your hands but just a lucky tried.

Loaning just to have capital in gambling is like borrowing something and your payment will rely on your luck. It's fine to take loans but it also depends on your purpose. Loaning for business would sound better but borrow for gambling will be a riskier decision. Lots of gamblers who gambled using borrowed funds have regrets and suffered after losing.

People who dare to lend that much money to gamble may be losing their minds or you should look to your closest colleagues. It's very risky even though you bet on a team with low odds whose chances of winning are big, the results can still be different, indeed sometimes there are bettors who only bet at low odds with high stakes because they feel the chance to win is bigger but it's still a high risk, and gamble from debt is not a good idea in my opinion unless you have other income and are waiting for the money to credited to your account so you prefer to take loan so as not to lose the opportunity to gamble in big events.

TS just doesn't understand the consequences of gambling on borrowed money. I have known several people who have lost everything they had by gambling with borrowed money, so I think it is very important to discourage him from this endeavor.

If he is so eager to make money, let him first try to earn it with his own labor. I am sure that once he personally earns $10k he will change his mind about gambling with that money. Apparently he's young and doesn't understand that loans are a necessity.

Your credit score, source of income, possibility of paying back, would determine how much you will be eligible to get as a loan. You might be aware of it by now. As many have said and from my experience, I would say, taking a loan for gambling / trading, is not appreciated. But if you know you can manage with the other source to clear the debts, then yes you can go ahead. But you will become addicted and will tend to still go for loans and debts. So its good to cut down at the very beginning.

The question is, would he able to take up some loan that big? For sure it would really be mattering on your credit history or status which would really be a big thing to be considered
by any loan companies out there or banks which they cant just provide easily on what to those amounts that you have in your head thats why it all depends on your
capacity  and expect the requirements isnt something that could really be easy thats why you should provide all the requirements if ever you are forcing to have that
kind of amount but in overall taking a loan for gambling isnt sensible to be done.

Taking a loan is very risky and you may lose them all for all you know. And once you lose, there's no way you can get them back. So always think a lot of times. Your source do not guarantee that you are really going to win, if he thinks that he's really reliable then let him take the loan and play sportsbetting. Believe me, its not gonna work. Although you can still gamble, but in just a moderate amount where you can afford to lose.

With that huge amount, it's impossible that your loan will be approve knowing they are just going into sportsbetting. Once you don't have enough documents to present to the bank or someone you know that lends money, it will be hard for you to get that money. And for all sake, your decision will bring a lot of troubles later on. What if you lose them all? Do you think of any plans how to repay them?  No matter how reliable your source is, you should not gamble with such a very huge amount.

I think anyone who has ever taken loan for gambling will tell you to never do this. Even people who have no idea about gambling will certainly tell you that it is a very bad idea.
It is enough for you to imagine a situation in which you lose all the money you borrow. You are then left with the loan to be repaid and with great remorse. Don't do this to yourself.

Gambling in sport is unpredictable and the OP wanted to  take a risk that doesn't worth taking, imagine losing the whole money obtained as a loan probably the OP must have used a property as a collateral obviously it going to be sell off to offset the loan, I won't advice anyone to obtain a loan to gamble, this is absolutely a bad idea it won't end well because it is a half chance and the outcome is uncertain, it is always a good idea to gamble with the amount of money you can afford to lose, "afterall slow and steady wins the race".

Is a bad idea to take a loan to gamble what if you lose the bet you become indebted and leading to a bad situation you may not like, gambling should be done as a fund and anything above that is too risky a risk to take, I will advise you place the bet with any amount you can afford and let go of the idea of borrowing to place a big bet just with the hope of winning.

Football is a highly unpredictable sport and the outcome cant be predicted so even if you are assured of a sure game or fixed matches the results can still come against your prediction so be careful.

Definitely think twice before taking loan, there is no 100% fixed match and you can lose more than what you can afford to lose. What if, you take a loan and placed sports bet then it loses? Well, you have to pay back whatever amount you borrowed and it will be stressful day unless you are able to pay back soon. Just my 2 cents.

Exactly. Ask for a loan it is never a good idea. Banks are not stupid and you should put your home or something with high value as collateral, and you can risk to lose it for a match that you're also sure that is not fixed at 100%.

So, consider what are you doing, and think about. Less gains sometimes means also more safety.

taking a loan to play gambling, I think this is the wrong choice, especially if you borrow money at the bank, you automatically have to pay interest every month. Well, if you are lucky, you can pay off the loan, but if bad luck befalls you, I think you will be under a lot of stress about this. so my advice is that you are better off looking for other options than borrowing just to gamble and never expect you to be rich in an instant when you play gambling. look for a job first when you get an income every month maybe that's the time for you to manage your finances and the rest you can relieve stress by playing gambling.

Oh, i missed a lot since i was out this forum. Such brilliant treads, for example  ;D

OP, the worst idea is to take a loan for the things which you're not sure about their outcome and which you can't controll directly. Biz is different story, because in biz you're the main creator of success

Most people go bankrupt and fall into poverty because they are unable to pay their debts to banks (because the bank doesn't care about our problems and demands a payment that we must pay monthly) or moneylenders. don't sacrifice the future just for things that are uncertain like gambling, as long as you don't borrow money from the bank to gamble then you can live in peace even though the profit you get is very small.

Taking a loan to place a bet? Wow! How certain are you that the game's a fixed one? Do you have an alternative means of paying back when it all comes crashing down ot are you just looking for debts to heap on your head.
 Taking a loan from a bank, you have to present a collateral and also it comes with interests to be paid monthly. Ready for that?

That's the most important, what the outcome is opposite of your expectation, can you pay the loan? If not, then you will certainly have a problem as you cannot just say "sorry I can't pay the loan", that's being irresponsible.

If you have to ask such a question then you are most likely never going to be approved for such a loan without committing some sort of fraudulent falsification (which is very bad). People give out loans to responsible borrowers and gambling on something, which you can never be assured of the outcome, is tremendously irresponsible. Until you save up such an amount you will never appreciate how hard it is to earn and it should never be gambled. The only people who can afford to do such things are the super rich who don't borrow.

Do you have a collateral? If not,it would be hard to take a loan.But like everyone here said,gambling from borrowed money is not a good thing,even if it's a fixed match,in small chance that you got cheated by that information,you will have to pay that loan.

Even with collateral, the amount of figures that OP mentioned is an insane amount. Collateral is not enough for that and even if does, that will cost a big one.

The best thing to do is to totally forget the idea of taking a loan in sports betting. OP likes to take a loan because he got information or a tip of a supposed match that even if it's true or not, OP shouldn't trust easily.

A high-risk high-return mindset is not always applicable to any situation especially in the case that OP mentioned.

I don't have to say it but feel the need to post.  DONT EVER TAKE A LOAN OUT TO GAMBLE or even invest.  Don't know your financial situation but that can take upwards of 20 years to pay back for one stupid bet.  And if you win chances are you will likely just end up gambling with the profits and eventually lose it anyway.  Golden rule, don't lose what you don't have.

at the end of this discussion, I am really curious to know from OP: ::)
- did you get really a loan for this bet? collateral provided? interest rate?
- what is this match you decide to play? (it's ok you will reveal after it has been played or send a MP)

It will depends in your current earnings and annual earnings as well. They will lend money if they will clearly see your statement of accounts and where will be the payment for the debt. 50-100k is not an issue but for me it is kinda high for new debtors . Maybe you could lend small amount first and prepare for a good collateral that you could give in return for the money you will ask.

If he take a loan from banks or other legal institutes, obviously debt collector will come into his house and force him to pay the loan. If he say he can't pay the loan and make an excuses, he will got a trouble with the debt collector, moreover you might got arrested to jail since there's a law regarding this problem.

$50k - $100k in my country is a huge amount, are you sure to take a big loan for sport betting?

Don't you have any other plans (using) that kind of money apart for betting?  I have never take a big loan to bet because I know that betting has a big risk, but if you are ready for all the worst possibilities (if you lose the bet) then just continue the loan because it is your right.

I would not take any such risk of gambling with a loan money - when I know I live paycheck to paycheck.
This is a huge risk - but then again - the same big is the reward. Is OP sure he will be gambling on the right platform and the money he is going to put up will be returned as promised on the site?

Better safe strategy than sorry. What if he wins the match? Surely sounds exciting but chances are higher to bust that money you can't afford to lose as gambler. I can't even imagine losing money OP tooks as loan and can't pay then loses collateral. It will be nightmare and traumatic loss.

I will tell you that you are not the only one in this ship. It is possible that people who are willing to take out a loan to bet on a game view it more of like an investment rather than "gambling". It is a good thing you have asked this question, it shows you are smart and willing to do thorough a research before making the move. If you decide to go through with your decision, kindly avoid loan sharks. They'll loan you the money without any collateral but will go to any length to get it back if you default.

A very high risk, I won't risk any of my properties on this. When you ask for a loan, of course, there is high collateral and the value of that collateral considering a low value to the lender. I don't know how sure I am with my prediction in sports betting, probably a chance to take that risk will probably be a small percentage when I am sure that who is the winner of the betting match but if not, I won't take that high risk.
It will become a double edge sword once you lose in gambling.

Would always be a bad idea to take some loan just for you to make out some gambling bet which is really a very bad idea even if you are capable or eligible on getting that amount but still you would
need to pay off something which is really that a casual thing to be done or its your responsibility for you to do so.You do know on where it would really be heading on such extent if ever
you would consider on not repaying those debts or loans.IF you cant see yourself on able to pay on the right time then you would really be having that big problem ahead.

Yess, depending on the value of loan will be the requirement of collateral to be submitted. What OP have requested and has planned is a big number and this requires a much valuable collateral. This bet can be made out of loan if the user have got the backing to clear the loan even if the bet didn't win.

Sounds like a plot to a movie, can I recommend for entertainment instead of dying and/or committing to bankruptcy you watch the Bad Lieutenant.  In theory it can be taken as all about someone who bets on games using hot money and ends up worse for wear, luckily he is already a total wreck anyway so its got a happy ending.

Even this could not be about if a match is fixed or not, going for loan to bet is stupidity. It is just a sign of addiction.

I do not believe in less gain if going for low odds is what you mean, it is even dangerous at time and there are different strategies used for different matches. I have gone for low odds all to know that it is riskier than high odds because the profit made is less and before you will make the profit for high odd, the money could have been lost.

Instead of getting a big risk of losing the money, especially if it is borrowed money, it is better to manage the money we can afford to lose because the risk is smaller than borrowing money. I do not dare to take that risk because there is still a refund to the owner. If that happens, it might be the worst experience and it could be that we lose everything we have because we can't pay back all the borrowed money. So by using our own money and not from the loan, we can prevent from paying the money back.

Taking a loan to bet is something that one needs to think twice be taking such decisions,  no one can predict a result of a game.  The risk in taking loan to bet is very high, it is under probability to win the bet.
If at all a loan should be taking to bet let it be the amount that will be easy to pay back without any stress.

Since I am very careful in lending and borrowing money. And I keep my financial matter very accurate. So for me doing a sports bet on the loan is a big no no for me. I would rather play safe and loose my  own extra money rather than losing loan money and ending up in double debt.