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I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions

This is bad and do not think this should be done by anybody with a conscience because you will be taking advantage of people who are vulnerable to gambling and are unable to control themselves especially after losing money. You will be enabling people to chase their loses. If you are offering money to people who have lost the money they had to gamble with that day and striking a deal to collect collateral if the loose, you are also taking from them as the casino they are gambling in.

It's a risky business I have seen loan sharks who invested in gamblers and in the end they put their lives in danger, you cannot demand on gamblers even if they offer you collateral they will think that you are the one who ruined their lives when you keep pushing them to gamble more.
Only thugs and syndicates do that because they have the means to make the gambler fear so they will pay them the loan, if you're not a thug or a head of the syndicate better think of other business, it's not legal and people will see you as a perpetrator of vices. 

If you sometimes feel after gambling that you are missing out on other types of fun, it means that you are eager to play every gambling game. If you do this, gambling will only make you more addicted. And you will probably suffer greatly.  So it is always better to keep yourself under control when it comes to gambling. If you lose control over yourself and spend extra time in gambling, it can bring you a lot of harm

I would advise you to quit gambling as soon as possible and use gambling only as a fun place but too much fun often leads to losses so always gamble within a limit and if necessary keep a separate weekly budget for gambling.  Which can prevent you from gambling for a long time

To me it sounds like a story that could be made up, like the many that people make up on the forums, but for the sake of argument we are going to take it for granted.


It's just as you say, I don't know in what contexts the OP will move (assuming what he says is true) but lending money to gamblers is going to happen for sure, some will lose everything and more, and they won't be able to pay him back. Let's see how he recovers it.

It is a dangerous business, in some jurisdictions illegal, as you say, and morally questionable.

They may not even think of paying you if you cannot get them on their nerves I have seen one gambler bullying the one who gave him loans, only compulsive gamblers will ask for a loan, and they will promise you heaven and earth to grant the loan, but when they won they will lie and even run to you, compulsive gamblers always in need of money and they never think of their obligation.
Once you ignore or decline a gambler for a loan they might harm you and think you are being biased toward them, so if you don't have bodyguards to protect you, forget this business, It is better to give loans to businessmen or cooperatives.
And you know that gamblers are hard-headed when they lose so how are you going to ask them to pay, they may even say that your money brings them bad luck.

It's the first that comes to mind as well. if he wouldn't mind that, he will own the stuff that is given as collateral. Same with the Pawnstar on the History channel. gamblers go to their office and show their valuables, it does look like a good business though. He only needs some big dumb guy like Chumlee but meaner.

It was told on the news recently there are few people going to Vegas anymore. This could affect his business being a loan shark. I think more people will prefer to gamble online than go to traditional casinos. If giving out loans to online users is possible, i think that will be a better route of course collateral is still a must.

It's your choice where to put your money, but I think lending money to gamblers is quite stupid considering that gambling carries the risk of someone losing their money and no one can predict someone's luck. Instead of avoiding it, you are actually putting your money in the hands of gamblers and hoping they will pay, which is quite difficult considering that most gamblers will act aggressively when they are not happy about being collected on their debts and it seems like this kind of business is not worth it.

If you are able to start an online lending business, it is better than this and you will make money from it. If it is lending money to gamblers, you are not making the right decision because it is bad to even lend gambler any money at all. In gambling, one of the rules is to not borrow money to gamble. As a gambler, you supposed to know this.

Don't you think twice about investing in gamblers anymore? I've never heard of someone this way before unless you said it yourself.

Obviously this is a dangerous and risky business, even though you have a concrete agreement with an agreed interest rate what if the gambler loses and runs away leaving you with nothing? Remember that emotional gamblers are always determined no matter what is in front of them so I say this is a risky business, so my advice is not to or avoid this bad idea.

If you want to stop gambling then it's good if you have thought about it from now on, then why not make relevant investments in bitcoin that you yourself hold?

This is very popular IRL casino since I know someone in our office doing this as side hustle during weekends when we are day-off. He has a lot of property now that he acquired through default loan for a very low amount. This is really profitable but guilt of letting people loose more is my biggest concern on this kind of business that’s why I just play instead of lending money o addicted gamblers.

Some online casino let you invest on their bankroll and do profit sharing on the profit. This kind of gambling investment is much safer for me even though the profit is small compared to lending on local gamblers.

No conscience in a legit business my dear and there is also no conscience in leading the winning of a gambling table.
Besides... Gambling is  an utmost game for the fittest so if you can't beat the obstacles you should just desist from it.

I have a colleague that ran this type of business in the hostels during his university days. He was not involved in the gambling but only lend money to the gamblers at exorbitant interest rate. By the time the gambling was over everyday, he was usually the richest among all the participants. As a matter of fact, 70% of the total funds usually ended up with him.

I don't know if it is the same model the big casinos use but I see a lot of similarities

This is as a considerations why i am adopting a concrete agreement system as earlier stated.... To maintain a better security in demands returns .

Loan shark. Hmmm. Dangerous.
I thought I was going to read about the true gambling investment that is being offered by many gambling sites here in the forum. I think Freebitco.in has that feature too.
This will be a hard task to do considering how many scammers are out there in the cryptocurrency industry.
You might want to get some good collateral for this and it would be best if you post this in the lending section of this forum.
Targetting the gambling industry means more risks because it's a fact that gamblers lose more than win so there's a chance they won't pay back on the set date especially if their salary cannot cover it all or they deplete it again by gambling more trying to double the money before they pay you.

All I can say is, good luck and I hope it will be a successful one.

It may be a profitable business but a lot of risks morally and legally, you have to know the motivation and character of compulsive gamblers, one of my friends experienced when he lent money to a compulsive gambler who just lost in a casino with collateral a motorcycle, and the gambler eventually lost of course, but he keeps blaming my friend from lending him, and to make matter worse, the motorcycle has two owners, he was charged for not checking who owns the MC and since loan shark is illegal here in our country he has no choice but to give back the motorcycle.
This is just one story and there will be a hundred more stories, for every gambler you will give a loan there are possible repercussions, and if your business is illegal the gambler will have a reason not to pay you.

Maybe your argument may offer me some educative lessions.
I literally do not understand what you mean by "story that could be made up likely from people in the forums".

However, the thread is throwing out to the public about my future plans considering to quit gambling and taking advantage of the gambling table. So what is the impossibilities about my plans that has to be such stories like others in the forum aside the toughness it would have  me in obtaining my returns after lending to the gamblers?

That would be put in considerations as the thought just came into me at my asking myself on how long I want to keep gambling.
Thanks @Oshosondy for this ideal though there had been analog models before digital modelity was introduced so I can say that if I am finally going to venture as planned, I Will be consult some experts but nevertheless would I trash that of your ideal of engaging an online.

Honestly, you have to, you have to think between profit and security,  I think you have already addressed the conscience part so it's between the two, I believe since you are also a gambler you know how gamblers think and what they want so you can figure out who deserves a loan and who isn't.
Legality is also one issue, in casinos everything is done legally in case you have to take a credit or loan from someone, casinos can provide you with one but casinos will deny association with the lender it's just their way to keep money coming.

I think the planned agreement that you will make with several players cannot be a solution to make a profit when you stop gambling anymore.
It is too risky to lend money to players who you think have great playing abilities. They have never won consecutively in gambling games and from previous gambling experiences, no one has succeeded in making a living through the gambling business.

It is better if you plan to make a profit while not gambling anymore by becoming a financier for several businesses. This is more true with written agreements including profit agreements.

I will consider the same that it is a stupid act to borrow money from gamblers hoping to win and pay back with high interest, remember there is always a risk compared to other businesses we realize that gamblers are just lucky while the OP lends to gamblers who are losers out of money yes this is clear what we all think that it will all be at risk.

Even many gamblers have resorted to violence because of the noise caused by being charged continuously while he does not have the money to repay the loan, I think almost many disagree that loans to gamblers.

I hope you realize how dangerous this can be. personally lending money to gamblers, possibly an addicted one can either cause you to lose money or put you in a pretty messy situation. if I were you I'd invest it on something else.

at first, I thought you were talking about investing in the actual casino, I remember this happening a lot several years ago in online casinos, not sure if they still accept investments from people.

Other note is also gambling because lending money to those people who ran out of money during their gambling period is not safe and how smart do you think to make a concrete agreement with them before giving out your funds. Have you also forgotten that giving or lending money to gamble is not a good business? Again how do they manage to pay you after gambling with your funds and it happens they didn't win anything during the cost of placing bet. Do you also know that any gambler who doesn't have additional ways of income can never pay you your loan indirectly you are gambling if you don't know because gambling is a game of probability.

I don't know how you intend to an instant loan with collateral. Maybe phones, clothing and other accessories will serve as the backup for the loans. This will be a very complicated business to run because you might experience some problems because many gambling addicts are not good with credit and loans.  

You have to do more research on this business to avoid losses. Also don't you think that this is a means of increasing gambling addiction? Gamblers are expected to go home after losing, offering these a loan service will only lead to chasing losses and gambling addiction. Any service that would encourage gambling disorder should be discouraged.  

So you are basically going to become a liquidity provider or a lender, that is nothing new to be honest. You need to be aware that becoming a lender is actually not that easy, it does not only require to have an initial investment to be able to lean to gamblers.
When you mentioned that you entended to invest in gambling I thought you were going to start your own casino or try to provide some money to a casino in order to increase your initial investment.
In my opinion, it would be wiser not to limit yourself to lean money to gamblers but other kind of clients, why?. Because there can be very volatile and shady gamblers who may try to scam you using fake colateral, they will try to give you fake gold or even stolen goods as colateral and that would likely make you run in trouble. That is something a very desperate gambling addicted person would do. Are you willing to deal with such a hassle?

The P2P lenders on this forum and reddit and many other sites have been lending out shark loans to many traders, gamblers and others in need of money. Most of the loans are non-collateral and the lenders run a big risk of default.

Of course you cant expect the losers of a gambling game to be able to hand over a collateral immediately, can you? Just think of it from the gamblers side - you came in with a grand and now have zero and wish to play again so you take a loan but how are you going to cough up a collateral now?

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I can suggest you a few things if you want to make money from casinos. The only people who do so are the owner, investors and affiliate marketers of a casino not the players.

Hence try to become one of these. Each of these are a different topic for discussion.

A gambler who has lost  all his money on bet and is willing to collect a loan to continue betting is not someone to loan your money to, it goes to show that the gambler is in the highest level of addiction. Where do you expect a loser to get the money to repay you back, what if the collateral that he'll give to you is a loan from another lender? I think that a degenerate addictive gambler, can not repay a loan, because even if he wins, he'll go back to gambling again, where he'll still lose the winnings and what ever money that he can get hold of.

I believe that it's gangsters that do that kind of lending business to addicts, because if the addict can not pay back, he'll end up working for the gangster. Responsible gamblers will never take a loan to gamble, let alone take a loan to continue gambling after losing in gambling.

I advice OP to look for a honorable business in the future, instead of lending to irresponsible gamblers.

What I understand is that as long as what you are about to do has something to do with gambling, that means you are still a gambler. Besides, that is a very risky investment plan. It is better you gamble by yourself than borrow money to a gambler, with an interest. Yes. I call it borrowing because the gambler doesn't have money to pay you back at that point, and you still are not even sure if the gambler will win by gambling with the borrowed money.
You can not achieve anything if you put in mind to do such business and spare me that crab when you say you will not gamble again, you will,,, as long as you are with gamblers and you have been a gambler. If you are also mixing yourself with gamblers, then you are still a gambler that will gamble more.
It is better to stop the business that you are about to do because it will result in trouble and you know what that means.

It's nice to see you trying to help others mate, but the idea you just laid down is even more risky that gambling it's self. Giving out money to gamblers whom you think that they need some funds to gamble, and how are you sure they will be able to pay you back your money. And from what you said, losers who you think they can no longer fund Thier gambling budgets. Mate, I would advice you to do something else with your money.

he will be holding the collaterals of these gamblers. like the loansharks, he will choose which collateral is acceptable for him to make sure he is not taking a huge risk.  this business idea is not new, there are bigger loan sharks that he may piss for starting this business. while this is profitable, he will find himself swindled by gamblers who are desperate and will not be able to pay him.

it's the kind of business that requires him to be a tough boss. it pays but it will also keep his one eye open even when he is asleep.

Really funny post  ;D if you ask me, I believe as a gamble you understand that there is no assurance to this habit guaranteeing anyone profits so I don't think lending money to gamblers who don't have enough is really a good idea although there is one possible way to do this which is by collecting collateral for the aid, but the question is what type of collateral that is going to cut for this type of thing you want to do because I know no gambler that is owning Bitcoin is going to take loan without finding a way to deposit his own asset.

Op,  I don't really buy this idea as another way to invest or leverage in the gambling industry. Lending to looser could result in you having problems with these participants except if you have a way of getting collateral from them before giving out the money, else the end may not be funny and some of them might end up running away when they bet and still lose that money and are not able to pay back because there is a high percentage chance that they will still lose the loaned funds. I suggest you find other ways of earning money in this industry, such as owning a betting shop or a view center etc.

Won’t be recommended unless there would be a contract or collateral for the amount a losing gambler would borrow. If it won’t be done with signatures then they could easily run off of it even if they have acknowledged the borrowed amount. Also with the sition, a frustrated gambler could borrow money even if he lost that much, hoping for a comeback. So if you happened to let a broke gambler with your money then that amount will be stuck for a meanwhile until the gambler has the money to pay it off. Some people would be taking it light not unless there is something they would lose from not paying, or such sanctions which could slow the payment done which could also be problematic to someone who have lost almost everything.

The risk you are taking here is more than the risk you would take if you were gambling on your own. It is so crazy to lend money to a gambler and think that you would recover all of your money back when they lose. It is an unwise, unsafe and a very risky decision. Are you willing to bear the consequences of this if the gambler loses and refuses to pay you your money? Think about it.

You need a proper gambling company business plan if that is what you want to do. Write it out clearly or get someone who will write it down for you and explain your ideas clearly them. When it is done ,  go out there be bold and look for people who would invest in your gambling company for some part of the equity. You'd see someone who would be willing to make you an offer.

OP, before planning on taking such action, perhaps you should give it a second thought. By now you should know that most gamblers have the bad character of not able to pay debt. When you grant them some loan and if eventually, they win after using the money to gamble since they don't have any self-control and discipline they would still try to see if they can double the profit before paying you back. Some may get lucky and win and some may lose, those who lose might run or not even think of finding a means to pay you back.

Talking about collateral if they have an asset that is worth the amount they want to borrow, i don't think they would borrow instead they will sell it and hold on to the cash for gambling. I have seen a lot of chronic gamblers do this. They prefer selling their properties instead of taking a loan. They are aware that they may lose or win so it's not a problem to them, their mind has already concluded that anything that would happen should happen.

Honestly though, lending money to gamblers seems pretty risky to me.  They're probably the ones most likely to skip out on paying you back since they're so focused on chasing that next big win.  So if you do decide to loan them money make sure you get some really solid collateral from them.  Don't let yourself get taken advantage of just cause you wanted to keep the game going.  Protect yourself and your money.

By your action you are directly or indirectly aiding their gambling habit despite losing their bets yet lending them money with interest by your action some of them would be bankrupt after paying back their debt with interest after all the funds borrowed ended up as loser, of course you would have confiscated their collaterals for those who were unable to pay back absolutely this idea isn't the best, there are alternative means of earning from gambling without placing a bet or getting involved directly, instead you can create a blog and monetize it by posting match analysis on a regular basis especially if you are good a soccer/football, basketball pundits by hosting it on the web you can generate a lot of traffic consequently earning legitimatel income.

OP, this is not a good business for decent people because for you to be with gamblers most times lending money means that you are ready to face the consequences that is attached to it because it is a very risky business. You should also remember that you are encouraging these gamblers bet when they don't have the money which is bad and against healthy gambling.

I will advice you to think of a better business that will be decent and profitable rather than this because one needs peace of mind in whatever he is doing. I have seen someone that does this, he ended up been a gambler because he earn his living from gamblers urge of chasing their losses. You will not use the money to do something good for yourself because it is like a cursed money.

You are taking advantage on someones misfortune. Yes,  this might really be that effective and something that would really be that profitable but i dont think that this would really be something that too ethical on doing
so on which you are really that taking advantage on others while they are really that a loss. Just like been said that conscience would really be that your main enemy on this one but if you are someone whose
really that have a heart like a stone and doesnt really get that kind of emotional reactions in towards others situation then this one would might do work for you or something that could make profits.
One of the risks on lending those losers is that you cant really be sure that you would really be able to get or being repaid.

Making out in depth research about their life possessions or whatever things they do have is really just that too much specially if they do approach you on taking up some loan.
Most of those addicts or losers wont really be caring about their information as long they could be able to get that amount to play even further.
Yes, this could really be that one of the risks but not all might be able to pay up on time considering about their condition or situation.

too risky bro. Even though there are guarantees and agreements, this cannot really guarantee that your money will be returned in full and with interest.

A loser in gambling, they are truly untrustworthy people. Because how is it possible that he will be responsible for the loan you give, while he himself cannot be responsible for the gambling he does. And it is likely that he will pay his loan, only when he gets a big win from the gambling he did and that is if he remembers and is responsible. And if he loses, there is little chance that your money will be returned.

I confess that when I read your plan, I was very shocked. you are thinking about making money thanks to people's suffering, this is not something that a person who has character, a person who thinks about making profits honestly, no matter how much you think that the loan you will be making has nothing from dishonest, it becomes dishonest when you lend money to a person who you know that this person has gambling problems and you know that this person has a greater chance of losing everything and as you have already had guarantees given by this person when If you lent money, you become a dishonest person.

I hope you don't go down that path, you can do your money lending business, but do it for people who are not into gambling, do it for people who will be able to pay and have no history of addiction. when a person has been playing games of chance for a long time and has not won anything and knows very well that games of chance are not places to make a profit and yet that person looks at other people following the same path and does not warn them to change and start playing for fun, then this person who has been gambling for years becomes a bad person, a person without character, becomes the type of disgusting person

The title tells me that this is about investing in casino bankroll, we still have some crypto casinos around that have that option. But after reading the thread I am a bit disappointed... this guy wants to be a loan shark. Well, good luck with that... if it's easy to be a loan shark everyone would do that, so I think that he will be fucked up by first con artists. Some guys will take that loan and he will never see them again, and their collateral will be useless probably.



 

Have you planned this carefully and will you really do it?

And if so, this is truly reckless behavior and not good enough advice. And how could you possibly trust a gambling loser so much? This is really beyond my expectations, because I have never seen anyone really believe in gambling losers.

Investing by lending money to gambling losers is not a good investment that we should make. Because gambling is full of uncertainty, we cannot guarantee that someone will always be able to win in every game. Meanwhile, a gambling loser will only pay their gambling capital loan only when they win.
And my advice, instead of investing by lending money to gambling losers, it's better if you just open a casino and I think that's more profitable.

Really indeed risky on which it is really that likely that you wont really be getting paid in the end of the line on which same as you said that they might be able to present something in terms of collateral
but you cant really be that able to verify if those things are really indeed belongs to him. Making processing of those loan amount wouldnt really be needing to take long and for you who do give out that kind of
loan will surely be trying out to make those transactions to be fast as possible which it might really be causing out those missed information or verification on things. Its true that once a loser
and trying out to take up some loan into someone or does have some offering then it does signify that he doesnt have that money anymore in his bank or pocket?
It would really be that impossible that they wont really be that getting their money first on the time that you play.

This is why it is really that safe to assume out that they are really that in verge of those situations who doesnt really have that fund anymore.
Therefore, it would really be that so risky that you would really be granting them on some loan, chances on not on getting repaid would really be
that high.

It's still not quitting gambling if you are still up to making money in gambling-related stuff such as providing loans to gamblers, you are still gambling though you call it invest in gambling. The gambler who loses his capital again after taking a loan will have no chance of paying the loan. OP will only profit if he loans less than 50% of the real value of the collateral.  

There are some other ways to invest in gambling, like creating your own online casino. If you have the funds to loan to gamblers, I think you can use the funds to instead build a reputable casino.

So, your venture is to be a predatory loan shark with problem gamblers!? Well, good luck trying to get your money back. Are you also going to team up with local Italians when you're making these people offers they can't refuse?
https://i.ibb.co/GxmzxP0/image.png

Honestly I don't see this working. People that will go as far as to lend money to gamble would never pay back even if they had more money. They'd just find ways to gamble it away too first.

Before I dish out my own cent, permit me to ask you this question. How much are you willing to lose if things don't go as planned? It's not just about the money but your future as well. You know borrowing money to gamble is not a normal thing and someone who is borrowing money to gamble may have a problem with addiction and consequently, they may not be able to pay you back. Even if they do intend to pay you back, there's no guarantee that they'll be able to win enough money to do so. As a gambler that you are too, I hope you know the ethical implications of lending money for gambling, are you comfortable with potentially enabling someone else's addiction? Forget about the agreement, even if you have a well drafted contract, there's still a risk that the borrower won't be able to pay you back.

The bottom line is, this idea is not welcoming one unless you are willing to give charity. A total dangerous business to think of.

This sounds like an absolutely awful idea and is basically a form of loan sharking / illegal money lending that will lead you straight to jail in many countries. It's also a pretty horrible act to be preying on people that are feeling their lowest and most desperate, not that I believe that you're doing this at all because it's such a foolish idea. Unless you take collateral, which you seem to describe as optional, then you are unlikely to come up with any contract that could stand up in court if you had to pursue these people for non-payment. I cannot picture any legit casino or bookmaker wanting you hanging around the place either, because of the heat that you would bring them when people start complaining.

I think the only way one can make money from the gambling business is to either operate a casino or make and bankroll investment holding on the casino and this anything outside that is a high-risk attempt that may result in losses and considering lending money to a gambler is like gambling yourself, there is a tendency that you lose some or all the money.

So that way that the mate wants to go is going to lead him to sure lose,  because he may not have any guarantee for a payback.

it never even occurred to me, like you said in this thread. but in reality, this business is very tempting and very profitable with the plans you said in this thread. It's just that you need planning before doing it. There are many things that you have to take into account beforehand, including the risks involved. For online, the level of risk is very large. However, for land-based gambling, you can do it, but with the condition that there is always a valuable guarantee as the main condition.

Honestly, I don't recommend you to do it. but because what we are discussing is this discussion, so I say what I think. Remember, if you do this kind of business, especially at a land-based casino, you have to know that usually there are certain parties who manage it. either the casino itself, or parties outside the casino. and this is very vulnerable to the risk of competition. Moreover, you are a new player in the business. But, I won't interfere with what you want to do. It's just that, think carefully before you do it. However, actually, there are still many ways you can do this, especially if you are very competent in the world of Information Technology.

Do you think it's a good idea to earn money that way? You are taking advantage of situation where person needs help and instead of offering help, you add fuel to the fire and push him to take loan from you to continue gambling and ask for interest on top of that. It seems to me that you manipulate with people and laugh on them, call them losers. Please don't be a bad guy who abuses poor, lost guys. The only morally acceptable and responsible way to invest in gambling is to invest in casino or hold your money on websites like freebitco.in

Not many people have this idea, or maybe many but it will be quite difficult to make it happen. Unless you really can do it. And it seems from what you say, this is something that can be done. Especially with the awareness that one day you will stop gambling at a certain time and leave sharing the fun in it. Hopefully your plan goes well.

But, sorry, not for this idea.
Maybe this is something interesting and profitable for you. But this seems unwise.
Someone who is or has run out of money for gambling because they have lost and they still want to play and play again, that means they are not serious gamblers, or you could say they are addicted gamblers. And by providing loans to them, with interest charges like that, doesn't that mean you are facilitating these addicted gamblers to continue playing with the risk of losing more? And maybe you will even hope that they will lose and lose so they can borrow money from you? Maybe business-wise this is really profitable, but, morally, this is not wise enough, mate. You are taking advantage of gamblers' weaknesses. And if we can't help these addicted gamblers to manage their funds and also to play gambling when they run out of money, at least let's keep quiet, don't facilitate them in even worse conditions. This is purely my opinion, because there are many cases of gamblers who have more and more debt every day because they always get into debt for gambling and become more and more addicted, because they know they can borrow money easily.

I don't think this pattern of investment is even safer, because as an experienced gambler that you were I supposed you know better that gambling functions mostly around luck, which means most of your clients needs to be lucky so you be profitable enough els you are definitely going to have certain issues at some point.

Those inexperienced gamblers who have no gambling budget may aswell not have tangible collateral, except you will be having a strick collateral policy els it will be a problem on the long run, especially if you clients are having a bad day they wouldn't be able to pay back instantly and will have to leave their collateral with you and may not be able to come redeem it with the money they are owing and if you go out to recover your funds by selling the collateral, sometimes it may worth less, so it just complicated and not very safe enough

Totally a risky move to be done because you do know that your funds that letting them borrowed would really be played again on the house on which means that tendency on having that a hard time on repaying will
really be your main issue but since due date is been discussed then it would really be depending on a certain gambler whether they would really be that responsible on what they had borrowed or not. Totally a risky
business i should say on which you cant really be so sure that you would really be getting paid on the right time if this gambler would really be continuing its losses. Also, how a lendor would really be
making those kind of assessment or credit check before letting them be able to take up some loan? For sure this wont really be a cheap kind of investment knowing that funding
losing gamblers would really be never be that cheap.If there would really be some solid collaterals then it would really be lessening the risks but if there's none then those agreements couldnt really be able
to make out assurance that you would really be on the safe side.

What you are doing is like the same with what big sharks in gambling are doing. You are putting more fuel in them to never stop gambling at all, and definitely fall into deep gambling addiction. And not only that, you can't be sure if these losers will really abide with the contract and will pay your interest charges plus the principal, as they may suddenly change their location and won't be coming back to the same casino anymore.

This is not right mate. You may be getting a lot of profits but at the same time you are also burying these gamblers into heavy debts. Just think if you are in their situation, surely you are not helping them but only pushing them to their worst situation.

That's defined as loan sharking. It's unethical, it's immoral, and it doesn't help the problem.

If you have found the ability to stop gambling, you should allow others to do the same.

What if someone came up to you in your lowest points in gambling, or at the time of your worst session, and said that they can allow you to continue for collateral and high interest? You might just have taken the offer and upon loss, may have been up for consequence. If you can see that slippery slope through my post, I hope you can see how it's not a humanitarian thing to do the same thing.

However, gambling isn't humanitarian, so, I suppose do as you wish. I would hope you find a better path than this soon though.


Yes, it's not hard to succeed as a loan shark. Though you are no better than the casino. Maybe worse, as you are enabling a gambling addict to continue playing against the odds when their time otherwise should be up, and allowing assets and more to be lost on top of just their own hard earned money.

You may be successful with this type of investment but you are also putting your co-gamblers in a very bad situation. It's good to offer money assistance with those people who are badly in need but never with these gamblers as they can't resist your offers and will only use the money to satisfy their gambling habit and addiction. In the end, even if you are holding some collaterals, that will never guarantee that they will pay you back.

And how do you expect that they can pay you as sooner as possible when they don't have any money left due to gambling. So the scenario here is they will just leave the collateral to you and they won't dare getting it back unless if that collateral is worth a lot of money that they really need to get it bcak.

We have different opinions when it comes to exploring ideas and engaging in activities that either brings positive or negative outcomes. Quit gambling and invest in gambling, what's the difference because this advise is mainly for those category of influential men that has the monetary revenues required to generate or start a gambling site or center. You're right, lending a gambler money to use the exact same borrowed money for gambling, more like killing him indirectly and slowly. I don't approve such aides, instead lend money to explore in other businesses that will serve potential resources.

This is unbelievable, you mean you gonna be sitting all day in the gamble house lending money to gamblers? Oh shit, the predilection is that one faithful day you might gonna come back from retirement and join in the game once again.
 This is a no no investment, this can't be Investment you'll by this only be investing into problems and losses. The last thing you or an investor should be doing is loaning money to a gambler a losing one in this respect. Save yourself the trouble and brainstorm on another fairly productive ideas to invest on.

That's the worst ways to ever think of investing in gambling rather than gambling 'em funds by yourself... Why would you think anyone would just agree to getting loans just to gamble?? Secondly, what's the tendency that these games cut and they're able to pay you Back the original funds, talk more of the interest??
It could actually be a good thought for you, but I wanna keep it real with you that - in reality, these things ain't just flowing the way you think..

Sandra 🧑‍🦰

By reading the title I thought you're going to quit and invest on casino itself. But that's not the case since you planned to become a lender of those gamblers who still want to play but running out of budget. I don't think this is a good idea and a risky move not only for you but for the borrower as well. You're taking advantage their eagerness to continue playing even to the point they will even give a collateral as an assurance that they will pay back.

Well, that's your strategy. But IMO it doesn't feel good to take advantage the weakness of others for your own benefit. Gambling is addicting and those who are in that position, must be advice to stop, don't tolerate and don't push them to their limit. In this case, that's what you're doing even you consider it as your investment.

It’s easy if you have the money, you can just create a gambling site, but you know you need big capital before you will be able to do that, you can’t establish a gambling site with a little amount of money, and you can also be a gambling site agent. It happens well in my country, you can just get a shop and you will be a gambling site agent, people can come to your shop and they will gamble, and you will be given a percentage from the gambling site. I'm sure this doesn’t require much capital, with little capital, you can start this, compared to establishing a gambling site.


Maybe you are just trying to cause problems for yourself, or you are trying to lose all your, you are trying to take the wrong step, and you are encouraging gambling addiction. You shouldn’t give out loans to people who have lost reasonable amounts of money. If you have lost all the money you have, then you shouldn’t go to the length of taking a loan. That’s terrible. I will recommend you don’t really try that, you are going to cause more harm to society.

I don’t think you got what the op said in his post. Op does not gamble what he does is to look for a gamblers most likely one with addiction problem that has lost his bet and has no more money to continue his activity there and lend them some money to continue their betting activity that’s what he means, not him collecting money to bet rather it’s him that’s giving money to the other party.

Back to the Op, how do they repay you? I know that gambling is a risky activity and as such it’s very powerboat those you gave money won’t be able to pay you back if they lose the money you gave them and if it involves an addict you’ll only get clumsy excuses so what measures have you put in place that guarantees you get your money back? I’m just curious to know because this seems like a very risky business to do.

If you want to profit from gambling, you can create your casino so that you don't have to gamble but can make a profit. You can indeed borrow money from gamblers who lose, but you have to think about whether the gambler doesn't have collateral that you can take when they really don't have the money to pay the loan.

It's better if you immediately stop gambling and divert the money to start another business. You will have the opportunity to make a profit from the business. And if you focus more on doing it, you can grow your business bigger.

This is really an insane idea, and the worst people to lend money to are gambling addicts. Your illustration seems to be that all you are concerned about is taking advantage of those who can't control themselves. Instead of advising them to have a budget, you loan out money to them to sponsor their addicted lives.
 
Don't be surprised that even with the collateral that you might think you have secured from them as a means of getting your payment back if they don't pay, it might end up back in their hands or in the wrong hands because you are supporting and promoting someone's downfall, and the family of the person can decide to take some form of action against you.
 
I just picture this kind of idea, same as with those who sell their properties or lend out their properties in exchange for money that they could use to buy illegal drugs that ruin their lives. If anything is to happen to such people, they can come after you as someone who was backing up their behaviour.

Are you joking? You're saying that you're investing in a gambler who "runs out of funds"? Run out of funds means he doesn't have any more funds for a certain reason, and I guess because he lost it all, then you were saying you were investing in them and relying on them to earn? How can you say that it's investing? Its like you are relying on someone who gambles, its still gambling, haha, you just let other people gamble for you, and its a very risky thing ", I will be lending my funds to the losers who have run out of funds and willing to bet more if they have more money." In this statement, what if the gambler you are investing in ends up losing the money you've lended? I get it, you have a deal or maybe a contract, but how can you be so sure that he can pay what you've lent if he loses all your money? It's a risky situation, and yet you think that you will earn more from it. If you want a profitable investment, then get out of gambling at all. If you know you can't earn using gambling, which is not what the mindset is supposed to be, then find other things that you can invest in that have a low risk, unlike gambling.

casino is not the only business that he can explore with. find his other passions and he will be surprised at ideas he may come up with. if he will continue to lend those gamblers, he will soon find out how difficult it is to collect those funds esp if gamblers are on the losing side. even if you have arrangements with them. better ask for collateral to ensure that you will have something in return if the gamble won't respect your arrangement.
in my opinion, better look for another business concept outside of gambling. but let's see how soon he will find out how to deal with gamblers.

You should have a rethink on your decision as while it could bring about losses as well. Any start up is difficult to start and yours wouldn’t be any different. If anything, it would be more difficult to start and manage.
In order words, you can be considered as a loan shark who prey on the ignorant and others who, having made poor financial decisions, are in a fix and needs quick funds.

Your clients that you would give loans to won’t be credit worthy and you run the huge risk of running at a loss. Unless of course you’ve got some means of making broke people have money to pay back their loans.

I agree with the earlier replies, you are venturing to a dangerous world if you start lending service for gamblers.  In my country, no one is jailed due to debt unless you requires the person to give you post dated checks, this way you can charge a criminal offense to the borrower.

Some people see it immoral but I do not mind as long as both party agree with the deal.  People looking for loan service and he provides it, it is a business between the two and we should not pry on it.  But for sure the risk of being not paid is extremely high because you are dealing with compulsive gambler here.  They might not save funds to pay you since all will be spent on gambling.  Asking for collateral is the way to go since more often than not, gamblers will not able to pay their debt to the loaner.

But if you wanted to have a better client, then offer your service out of the gambling world.  There are more client outside the casino unless you wanted to go underground and charge huge interest to gambler.

So you plan on being a loan shark? This kind of business is a risky venture since you are dealing with two (2) risks here:

• First, the gambler must win the money that you have lent them; and
• Second, the gambler must pay you back on the agreed interest rate and timeframe of the debt.

Again, these are two (2) concurring risks that can definitely increase the chances of you losing your money. Let's assume that the gambler won, but is the winnings enough to cover the debt he/she just borrowed? Sure, the gambler won and he/she has enough money to pay you back- but are they willing to pay you back in the first place? What if they decided to never settle the debt with you?

This may be a good idea in an ideal world but with all the risks involved, I think there are better options for you to consider than this kind of venture.

Good luck on that business that you're about to start. I thought that you're plainly talk about the bankroll investments that's being offered by some casinos but no, it's not.

As long as you have collaterals that are higher than your loaned amount then that should be fine IMO. But still, I don't find this type of business safe although it is going to be lucrative if you know how to deal properly with those losers and if they're good payers.

Because usually, with the collateral, they will just mind that you should keep it and won't pay you anymore.

You are already risking enough money when you started your business. Why not stop there? I wouldn't augment my business with gambling as much as possible, as these two should be separated and should not be mixed together. This is where your money management fail you, and it will fail you miserably especially if you don't know the meaning of self-control. Better start focusing on expanding your business and funnel as much funds as possible to that in order to make more money. I understand that more streams of income is good, but having one consistent stream while the other ones are draining from your pool is better by a mile.

Haha, this is a crazy idea, and you should know for sure that there are obviously going to be a lot (like many of them) of defaulters who will not pay you or clear up their debt, and you will not kill them by taken laws into your hands. The only thing you can do is get them arrested and jailed, if you win in court. For me, it's also a risk, which I obviously cannot think of taking.

So you want to give loans? not just to gamblers? Well in offline or traditional based casinos, I know that this is somewhat like a norm. There is someone, at least I know a old lady, who are inside the casinos and giving loans to gamblers that he knows and with a huge interest and a with a collaterals. But in online? Not sure though, have you seen the Scam Accusations board?

I mean there are members here, who even have a good reputation, making a loan of of course he will get it since he is a good and standing member of the community. However, there are cases that the individual suddenly disappear with a $1000 loan + interest that he defaulted.

This is a fantastic idea as I have seen where gamblers who are in dire need of funds to continue gambling tend to give out their assets in exchange for insignificant amount of money compared to what the asset is worth. Its going to fetch you profit even without rolling one dice.

However, I consider this measure one that will further extend gamblig habits to its extreme. You have control overs your but there is no guarantee that others do and when there are options like this that gives them credence to gamble then it gets them addicted to it.

Trying to stop gambling but instead encouraging others to continue betting using the money you offer? If you really want to capitalize on gambling, that's not the way to do it. Investing in gambling in that way is very bad. Even if there is a contract on paper your actions are indirectly like a loan shark destroying other people lives and enjoying their suffering because of the demands that have been made?

What is clear is that this kind of action has no motive and is strongly opposed, any experienced gambler will not do business like this if he still has a conscience. In this context I agree with what @danherbias07 said he is a "Loan shark".   :o

Yes, this is a good "business" model as we all know that gamblers are willing to take huge loan just to continue with their gambling habits. But in cases that the loaner defaulted, and the OP chooses to loan here in the community, how can he go after that defaulter? So it's very risk as well as we all but anonymous here. Unless the OP knows the loaner in real life, but still you don't know if he is going to pay after losing to casinos.


Yeah, that's what I'm saying, there is no guarantee, everything is risk. And with my experience to those people that make loan to me in real life, not for gambling. It's hard to chase them for payment and this people have selected memory, Lol, sad but true. Because when you are about to ask for payment, suddenly they will forget that they have a loan to you.

One of them would be to invest in casino bankrolls, always with reliable casinos. Or to buy casino stocks. That way you don't have to deal with the physical risk of going to collect in person from someone who hasn't paid you, which is more like a mafia job.

The idea is not bad, stop playing in EV-games to become an investor, with which you will potentially earn money, what is wrong is the approach, the "business" plan so to speak.

very good idea and I really appreciate the idea that you are doing this time but I have a different opinion.

you choose to stop gambling and you try to be a service to provide loans to losers who are in gambling and in my opinion it is the same risk as gambling and there are several risks.
1. you give a loan without collateral only with a concrete agreement, which means you can lose your money when the gambler refuses to return the loan and runs away to another place.
2. you were previously a gambler, not sure whether you were previously a compulsive gambler or a regular gambler. before you give loans to gamblers, you are at risk of wanting to gamble again. you are usually tempted by other people wins that you witness while you are carrying large amounts of money. of course you will be tempted to bet.
3. you accidentally lend money to a big thug in the area and after losing he refuses to return your money and if you insist on returning the money your life may be threatened.

some of the risks I mentioned have often happened in my area so I say this based on reality and initially I read the OP title, I thought it was giving a way to make a profit by investing in newly released gambling by buying tokens, etc.
for me, this method will indeed be very profitable quickly, but the risks are very big.

Such a business is quite profitable. but dealing with an addicted gambler will never go smoothly. Even though gamblers have collateral assets for the loans they get, more gamblers will simply ask for additional loans and the assets they own will belong to the lender.
Honestly, I avoid that kind of thing. especially if there are gamblers who borrow money to play without collateral. it will only harm us as lenders. but if anyone sees this business opportunity, and succeeds in doing it. I believe they must have power in the casino. in the sense that an ordinary gambler cannot easily build a business in a casino environment.

Some people don't care how they make money. They are open to even making people suffer or lose their belongings because of profit maximization. I can relate this kind of business to sitting at a bar and loaning people money to keep drinking knowing fully well that they are already drunk. Nobody will be happy to see his friends or relatives taking loans just to satisfy an abnormal behavior and I am sure that OP will not be pleased to be in such a condition. There are many other ways to invest in gambling than giving loans to gamblers. Starting a small bet shop in his location wouldn't be a bad idea. At least he could make some profit from it instead of his current ideas. If he wants to start a loan business, he needs to gather information because, from his idea of loaning money to gamblers, he would not be a successful loaner.

If that's the case, this kind of business is not profitable anymore. Gamblers will probably ask for additional loans, that's for sure. Meaning, that as long as they have an asset to offer for collateral, they can do so. However, this won't go on forever, sooner or later problems will occur, and you will have a hard time asking for the payment for the loans.

Giving a loan to someone that is being used for gambling is not a good idea. The risk is too high. Even if a gambler has a contract, collateral, or even counseling to make them understand that the loans must be paid back, if he can no longer provide for himself, the loan will not be paid.

You seem to know this business because you are a gambler yourself but it is also important to do a feasibility study since this is a business where you are going to make a profit, check the legality, frame guidelines on who can and cannot avail and the most important is how to recover your loan even if there is collateral some collaterals lose their values over time. of course, it's a risky business because you are dealing with gamblers who are emotional about their losses.
The first few months are the most important, don't think twice about changing your business if you think that it's giving you losses and headaches.

You are confused, you don't know what investment is all about and gambling is very differ from investment, I think you need to do some readings yourself, there is no way to invest in gambling, because it's not an asset or real estate.

I don't think that casinos have shares too, like how we can invest on twitter and Facebook, if its possible then you will be investing on a casino company by buying their stock, you need to make a choice as you can't quit gambling and still be able to make money from gambling.

It's better to quit if you want and invest in something that will give you passive income every day, this is better as you can see with your eye why you invest your money on, and you will also be able to handle it yourself, stop looking for ways to invest in gambling because you can end up getting scammed.

Do your own research on gambling stocks if that's what you are looking for, there are few places online to visit for this, like etoro and saxo, mind you the casinos on these stock investment platforms are located in the US and far distance foreign countries, like Las Vegas Sands Corp or Boyd Gaming, just make sure you do your own research.

Giving up gambling and instead leveraging other gamblers to earn profits and satisfy enjoyment, your plan sounds interesting, but I think it's not easy to implement.

- Firstly, are you sure that the profits you earn will be equal to or better than your current gambling? And if one day you see a gambling opportunity where, with your experience, you know you could win, would you jump in? Have you thought about those psychological situations?

- Secondly, lending money to gamblers to make a profit is not a new concept, but it requires you to have the ability to collect debts if the gamblers are unable to repay. How do you plan to recover your capital in such situations?

What are the terms to guide you while doing your online business as an investor or someone who is ready to quite gambling. People always say what is possible but we often find out that it's actually difficulty for them to live by what they said because from what you wrote here I can't see if there are seriousness in it knowing too well that it's hard to give money to gamblers without any forms of payback and how are we sure the gambler will pay if they didn't win their games.

Of course this is not an investment, and if you really want to make definite profit and with less risk, then invest by participating and becoming part of the investors on gambling site.
This will be more profitable and provide less risk because you are actually investing, not funding gamblers so they can continue their gambling activities.
But if you lend it with an agreement that is agreed to by both parties, then it cannot be called an investment, but you become like a gambling loan shark.

Of course you will earn more because you will get the money back along with the agreed interest, whereas they gamble with full risk and are not certain of winning.
This is kind of business that is quite profitable but really risky because you are dealing directly with gambler so that when you meet gangsters or people with more abilities, chances are they will not pay the money and take away what you have.

So basically you want to become a "loan shark" and you want to financially exploit gambling addicts? I wouldn't call this "investing".
This seems more like a mobster tactic. Can't you just come up with a better business plan or a somewhat original idea?
By investing in gambling, the first thing that comes in my mind is trying to build your own online casino or buying a share in an existing casino.
Are you sure that most gambling addicts have a collateral, in order to get borrow money from you?
Do you really think that the gamblers will be able to repay those loans and the interest rates?
Good luck with you so called "investment".

I don't think the idea of lending your money to gamblers really makes good sense like that. and I will confidently say that you are unlikely to succeed in that way because gamblers are liars, especially those who are addicted to gambling. You can hardly find the truth from them because they are always looking for money to continue gambling. So anyone who wants to lend money to gamblers should have the mind that the money is gone forever, or probably you will never have the right to return your funds.
 
I have seen many of these kinds of things in gambling shops in my country where gamblers will beg the cashier on the computer system to help them beg for credits that they will go and bring money from home, but all is a lie. At last, the cashier will be the one running after them to collect their money, and some of them will even run away and never visit the play again unless they find a way to get him or her. So with my experience as a gambler, learning money will be a very big risk.

Whatever the concrete agreements are it should be something done legally I think you can acquire a recommended status from the gambling arena where you offer your service to make it legal and the rate agreeable to both parties, I have seen casinos doing it to their clients when they recommend lender and they guaranty the collateral, there is a legal way to do this and you should choose gamblers who has a good grade on casinos and have a good credit standing.

It's not about making a profit it's about being of help to someone who does not have money at the point but can afford to pay or fund their account but because of lack of time they need to take the loan, these are the clients that you should target not just any gambler that needs money to gamble.

i think it's not an investment, but rather a gamble. what you are doing is like gambling to gamblers because you don't know whether they will win or be able to pay the loan. unless you are a casino owner or someone who has a big stake in a casino, maybe your method will be successful because you know the industry inside and out, but if it only starts with players, it won't work and you will most likely go bankrupt.

compared to creating a business like that, it's better for you to buy shares in a casino platform like mgm resorts, las vegas sands, etc., and from that maybe you can get dividends and an increase in share prices, and that's lower risk than a loan business like that.

For me I think it will be a very bad decision by lending money to a gamber because irrespective of you both agreements about the payment schedule what makes you think that he is going to keep up to his words because there is every likelihood that before he decided to borrow money from you he has know any other place or source to get money and if perhaps he lose the gamble so how would you expect somebody like that to pay you back when he has no other means of getting money.

So perhaps in as much as lending money is a good business doesn't mean that we should lend money to anybody because one of the things about collecting a loan is that, is very easy to collect but paying back is mostly were the problem normally come from, so perhaps I would suggest that if you really want to venture into lending you could just give only to normal people who doesn't gamble instead of lending to gamblers.

It is  not a bad business idea mate. Once a gambler and always a gambler. Getting involved in such business would mean you always staying at the gambling house which means you will be regular at the casino plying your trade of making available loans for gamblers to access when ever they need it. However, I believe as a gambler you too know things involved when committing yourself into such deal as a form of business. Possibly, you would have to check for laws in your jurisdiction covering such business and act accordingly so as to avoid being apprehended by the law agencies. As a gambler I would also assume you know too well how the gambling lifestyle is and taking such risk is very detrimental and would require you being a thug with a high street life which would make your debtors pay back your loan irrespective of what their situation is  and you too be prepared too because your debtors too would always come for you if it happens that they gave a precious collateral and could not meet up with repayment and got if forfeited, they might result to come back in a rebellious and violent way to get back at you.

Not a very bad decision but we know that it is very risky, Lending a money to unknown people who lose in gambling? I don't think it's a good idea because how are you sure that those gamblers will pay you back? when they win? By using of their collaterals? for me, If I am the lender, I'll do an intensive background check if that person is capable to pay me back or not since money is involve here. Indeed, Lending is a good business because you can earn more by payment interest but You should also be prepared for the risk and time commitment that is involved.

Oh boy, this is a terrible idea. I know you want to profit and you want to make your business related to gambling. But please refrain from doing this investment concept because it will just break so many newbies and addicts.

You will be like a loan shark based on your statement and honestly, those people are the worst. They take advantage of the weakness of other people. They are not really trying to help, rather they are even luring you to your downfall. And that specific trait of greediness is all over your post. It's a shame if you will not think of other people's welfare and just nonchalantly put up a business where you can earn, because how about them? Instead of extending a hand to keep them away from excessive gambling, you are paving more ways for them to do so.

If you got no conscience, then do it. But if there's still humanity left in you, think many times about it and hopefully do not push through. It will just damage them financially and mentally speaking.

Several online and offline casino businesses accept investment from several investors but with varying minimum amounts, However, you have to be careful in choosing the casino business that you want to invest your money in, because some casino businesses run dirty businesses behind their backs and are supervised by the authorities. I would suggest that you take part in a referral program run by a gambling site, instead of lending your money to gamblers who are running out of capital.

This is thoughtful of you, and providing funds for gamblers who need it is a win for you and a win for the gambling house, but will be a loss for the gamblers if they are just losing and wasting money over and over again. This is not different from the arrangement where some companies would stand as a middleman between buyers and sellers and would charge their interest on the goods bought at a certain period of time.

However, the two major challenges envisaged are;

1. Capital: You need enough money for this to be successful, and the more you gain popularity, the more money you will need.

2. Recovery arrangement: This is where the main issue lies. It's easy to give a loan, but collecting the loan could be more challenging than you think, also some people will never pay the debt. Mind you, loan default is not a criminal offence, especially when it's related to gambling, so you might want to think twice.

This is so risky for me if I had to do the same here in my country. Some people are willing to get a loan but are unwilling to pay and is willing to get into prison as well. 😅 Some people I know actually do this and after they get that loan they disappear and never to be seen again. But infairness, this is a nice idea of yours and this will only work with those people whom you lend money to that is close to you and you know them very well.

The idea is good but that was a risky decision to make a deal with these gamblers to take a loan. Why? You are helping them to become more addicted and possibly, they will take additional loans until they can never pay you back. In the end, you both are the losers of this idea unless you set a limit and an agreement that could force them to pay using their collateral.

You might especially if you manage it well and make a secure deal with these people.

Did you really make it?

If a lending service from official institutions are not always work very well, how can lend money to gambler will work? I'm sure most of gamblers will not want to pay back their loan, they can also force you to give them loan when you reject their request for not having a legit collateral.

I'd say it's a business with small gain and very high risk, not worth it.

Also the risk for those borrower gambler is so high since they would provably disappear if they can't pay anymore and many incident that it happen especially in online where people can easily escape their obligation since they don't know the lender personally so no guilt feeling if they decide to do crazy decision regarding for not paying their borrowed money. But if there' collateral given maybe there's some consideration but I would still be more careful dealing or just erase the thoughts doing this business and just continue to gamble then have fun.

Some may think lending business to those gambler is profitable business but they didn't consider the risk and they would just realize later on that this is not really a good business to have when they lose a lot of money coming from a person who default a huge loan to them.

By finding interest in other things, his mind should be able to be distracted, and he will not think about gambling because there are other activities or things he has to do. And if he can also stop gambling and choose to invest in other things instead of investing in gambling, maybe he has a chance to make a profit. But before he decides which investment to join, he should first make sure that he can choose the right investment. But if he wanted to lend his funds to gamblers, it wasn't a good idea even though he could get a return that was more than the amount borrowed by others, but he also had to think about what would happen if others couldn't pay the money back. Waiting for someone else to pay his debts can stress him out, while he may need the money for other things.

For me, investment and gambling are two different understandings, indeed both have the same goal of getting money, but these two things have different characters and characteristics of enjoyment, as does the money used for gambling and investment.

My understanding is that gambling is included in other options in my activities, investment is also an option that is carried out in other ways, so whether or not I stop gambling activities, maybe for me it doesn't really matter, with other reasons, I gamble to gain experience and just to feel the challenge of gambling, investing in one thing that is part of life is required, while gambling is not, I mean as much as I like.

So basically you're doing loansharking which is pretty illegal because lending and lending companies shouldn't be inside casinos or gambling houses right? To me, what you're doing OP isn't investment but more like opportunism or exploitation, that's how it looks to me though because you approach those that are losing their money already and in a way enable them to gamble more using your own money which will only make things worse for them and you know it and you still do it because it's easy money although the pays take a long time.
It is a terrible idea, and as you've already said, OP is doing what loansharks do and I am really amazed at the gall of OP to say this online, is OP lacking self-awareness or something?
OP knows they'll pay the loan, I am sure that OP is a loanshark with how OP is able to explain the lending service that OP offers, it's not and investment or a gamble because OP will be able to get the loan back, by hook or by crook. Also, I don't think believe it's not going to work because OP wouldn't share this if it's not working.

I don't find that to be a viable investment option because there is no limit on a losing streak a gambler can hit, and someone who has already exhausted their bankroll because of constant losses will lose this money as well and won't have anything to pay you back that too with interest or whatever agreement you make with them. Lending money to gamblers is a bad idea, in my opinion, because you will barely see them winning anything with that money and at the end of the day, you will see them having empty pockets and nothing to pay it back.

Those who lend money to continue gambling are also making a grave mistake because if you have lost your own money, there is no guarantee that you will win with the borrowed money and at the end of the day, you will get yourself in trouble since once you lose everything, you won't be able to repay the loan.

That's sounds looks bad to me. I would personally say that you are indirectly gambling your fund as well as taking a lot of risk. Moreover, you are encouraging an addicted gamer to increase his addiction. If you want, you can start a lending service, but there is no need to target only gamblers. There is no guarantee that people will always win and be successful in gambling. It may also happen that those to whom you give loans may face a big problem with the burden of more loans. Those who do not have the budget for gambling should refrain from it. Because one should never gamble without having the ability to lose.
Moreover, I have seen many people around me who gambled, got into a lot of debt and later ran away from their homes. As a result, all those who gave him loans are now in loss. So my suggestion to you is that you can start your lending service but here you have to reverse your strategy, give loans to those who are not addicted in gambling.

And how are you going to force the losers to pay you the loan back, if they don't have any money left after losing every single penny gambling? This is a very bad idea of business... Someone willing to lend money should focus on successful and promising borrowers, not losers. That is the recipe for failure, in my opinion. If you want to make profit by investing in gambling, you should lend money to the casinos, not to the players.

Casino bankroll investment used to be a very profitable investment category years ago, but now the options are scarce and unprofitable, due to the casinos having this feature available not enjoying a decent traffic and bets volume on their platforms. But I remember investors could make 50% profit over their investments yearly previously this way. Those were good times which don't come back anymore...

Beware of default!

You, being a responsible player, know that many people bet everything they have and also what they don't have in gambling, so if you are going to invest in players you need to have a good guarantee first, otherwise your investment will gradually be lost. .

I don't know if this is a good business, because generally those who need money are those who can't get good results in games and therefore will have great difficulty making a profit to be able to pay you.
On the other hand, anyone who is a good player and knows how to make a profit will hardly need an "investor".

It can be said that this is one of the most dangerous types of investment ever, especially since it cannot provide any type of guarantee capable of preserving your rights as a lender. The most clear evidence of this is all the lending services run by members here on the forum or on other forums such as Reddit. They do not grant loans without collateral to gamblers or those who intend to gamble with the borrowed amount.
If you intend to ask for collaterals, I do not expect this to encourage anyone because the borrowing gambler will have exhausted all solutions, including the assets that he can offer as collateral.
I will suggest to you the idea of investing in one of the gambling platforms that provides the possibility of participating in the liquidity pool in exchange for a percentage of the platform’s profits. This may not generate large profits in a short time, but it is one of the most reliable solutions if you choose the platform well.

To everyone who had contributed to my aired aspirations, I duly appreciates you all for your contributions are all put to considerations.

These are some features of the laws governing money lending organisations in my country according to my primary research in the Google (internet)after most of you all had put emotional tensions (fear) :) on my intending quest.
* Licensing: Money lending companies are typically required to obtain a license from the relevant state government to operate legally. The licensing process may involve meeting certain financial and operational requirements.

* Interest Rate Regulation: State laws often impose limits on the maximum interest rates that money lending companies can charge borrowers. These interest rate caps aim to protect consumers from exorbitant interest charges and predatory lending practices.

* Disclosure Requirements: Money lenders are usually required to provide clear and transparent information to borrowers about the terms of the loan, including the interest rate, fees, repayment schedule, and any other relevant terms and conditions.

* Debt Collection Practices: State laws may also govern debt collection practices, ensuring that money lending companies engage in fair and ethical debt collection methods and do not engage in harassment or intimidation of borrowers.

* Consumer Protection: Money lending laws in Nigeria often incorporate consumer protection measures to safeguard borrowers’ rights and prevent unfair practices by money lending companies.

* Business Conduct: Money lending companies are expected to conduct their business in a responsible and ethical manner, adhering to the laws and regulations in place.

Technically, I tend not to bring about anything pertaining gambling on my agreements with the borrowers (gamblers).
If I am not able standing such an organisation myself yet, I think of affiliating with a functioning one already existing.
Hence, I am also going to consider dealing with reputable gamblers whom I am certained to payback to secure my funds. I also believe the law would profer me backups at the stake to any collateral deposits.
With the above, there is no need pulling muscles in demanding for a payback of my fund as many of us my insight.
However, I putting every DOs and DON'Ts in considerations about my thoughts. And then I will also consult with a consultant at my readiness and then I can decide to kick-in or kick-out of my opinion.

I am just a layman that just got inspired about this though.

Consider ethical and practical implications. Lending to gamblers, especially losers, is morally questionable. It's benefitting off others' misfortunes, right? In a climate of chance and desperation, are these collaterals and agreements reliable?

Why not turn your gambling knowledge into consulting? Provide responsible gambling advice, tactics, or workshops. This way, you're investing financially and helping the gambling community. It's a sustainable paradigm that promotes discipline and responsibility without abusing others' shortcomings. Why not be the house in a positive way as the house usually wins in gambling?

No one can guarantee winning in gambling no matter how expert a gambler he is.  So it is very foolish to invest on any gambler.  Gambling should be used for fun only so to get the full fun of gambling you have to gamble yourself.  If a gambler intends to invest in it, it will do more harm than good. So no sane person would ever support it.  And I don't think anyone who thinks they can profit by investing in a gambler is still living in a fool's paradise.

This is actually a nice idea for OP, because giving loans to gamblers with no collateral is as risky as staking on a game that you have doubts about even winning. Those gamblers who collect the loan might still end up losing their bet and will not even have any money to repay the loan they take. OP is just taking a big risk with such an idea, and it will be more profitable to him if he can look for a business to invest that money in. Even if his level of profit is not that huge, with time he will grow the business and his profit will increase.

It is never better to get involved with people in gambling when it comes to money. You can’t give them loans, make deals with him, or invest in their game. I don’t even recommend baking in poker to anyone. Ultimately, all this will most likely lead to loss of money. If the OP cannot cool himself down and completely leave gambling without coming up with this kind of idea, but by investing in a real business not related to gambling players, this will be much better.

That's easy. He can ask those gamblers first if what are their sources of income. If you think it's decent, you can allow them but if not then don't. In the lending world, there is also what we called " collateral " . We can talked about it and if we think they have a good collateral that in case they can't pay, we can sold them equivalent to the repayment value or higher than it, then we can proceed. At first, I thought the OP is referring to the " invest in the casino's bankroll ", but I didn't expect that he is going to talk about lending money. Both of them are still good anyway, especially investing in the casino's bankroll. As we know that casino's always win.

Winning is not guaranteed as you speak and I agree to that because no matter how a gambler can be so watchful he will still lose in gamble, gambling is risky for those that do not gamble for fun but for profit making.
However, the op is still gambling in another form because borrowing money to a gambler that has lost all his or her funds in gambling is way more bigger than gambling, the gambler can not win to pay back the borrowed money because there is no guarantee in gambling.
Still on still, as the gambler have to pay back the loan with profits that is what really make it difficult for the gambler to win and pay back because he is she will put in mind that he's owing and he will want to win more money so that he can pay back the loans.

If he want to lean money to gamblers and take valid and verifiable collateral from them, I do not see the problem, though. As long as he is not accepting stolen collateral or fake collateral, I do not know he is doing something illegal or immoral. It would be the same if I asked you for 100$ and I offer you 200$ in BTC as collateral, promising to pay the 100$ back with some interest by some established date.
Would you care if I intended to use the money to gamble if you are secured from the begginning in case of default?
Funnily enough, I have seen some members of this forum asking for loans directly on their casino accounts after providing valid collateral, it is a business and it is not against the law, so why not try?
Though, I agree with you it can be stressful to deal with gamblers in general, so is it dealing with drinkers, so one needs to evaluate with the stress of such business is worth it.

@fullhdpixel to me I don't think there will be chances for gambler to have a good collateral, and it's a very risky business to do most gambler won't have anything to offer but they will want to loan to gamble. But op must first know the risk involved in this type of business before start up such service in the real world otherwise I bet he will always ran into lose because gambling is not certainly and anyone who lending money to gambler should know that before they will recover their money it might take time and if the games goes against them his money is off and it might take time for the borrower to pay him without a good collateral

Unless you are the gambling operator and you plan on rigging the system in your, it is stupidity to even think about investing in any gambler. It proves that you have a not so good regard for money. There is no profit, the return on investment will be close to negative meaning you may even be in debts by the.

Some things you could do
Quit gambling - save money
Quit gambling - invest in bitcoin
Quit gambling - get a new hobby

But that's what he's going to do and AFAIK, this actually happens in physical casinos where those rich folks that are in a losing streak and don't have cash with them but with their expensive jewelries, watches and cars are with them.

They tend to use those as their collaterals so that they'll have the money to gamble again and guess what? They're losing again until they're in debt.

The good thing that I know of, is that this isn't part of the actual casinos because if they do, it's actually a kill for their business if they also get into this lending business to their customers.

Investment might have risks but not as just severe when you are doing gambling literally. It is really just that someone who have decided to take advantage into those people who are really that having some huge losses on gambling or totally had been wrecked by it and still he is really considering them on giving out some loans? It is really just that too risky i should say because you know that they are on the situation that
have that problem when it comes to finances.If you've tried on giving them some loans on that point then most of them would surely be dealing up and agree on the % rate that you've been putting up.
If you arent that careful then you might be ending up on lending someone who arent capable on repaying those loans in time due to bankruptcy or whatsoever. You would really be needing that
in depth credit check before you can lend one on which it would really be that a common approach.

I think this is a risky business but worth it. If you give a loan to a gambling addict who cannot control their emotions, they will most likely fail to repay the loan. However, this is not a problem if you always receive collateral from them because the value of the collateral will be higher than the loan amount you give them.

But I'm curious how do you do it? Will you offer it to those who gamble at the casino or will you rent a shop near the casino that provides fast disbursement loan services?

In cases like this, the cashier is likely the last person to run after defaulting clients to get them to repay their loans. Most times and like banks, there is some sort of collateral in exchange for the loan and in the case of a default, the collateral is promptly seized.
In some cases where the loan shark was so lovely and understanding to give you a non collateral loan, you can be sure these people have their not so pleasant means of getting their money back. Certainly not a business suitable for just anyone.

Just for our goodness we should not make a person into danger situation. Investing on a gambling platform is good, there are few gambling platforms providing access to invest and provide with regular return. What OP does is not the right way of investing. Already a person is on his loss and by the time if he's been funded surely he'll go further. If he wins then the payment will be returned to OP, if not he keeps adding interest till he pays it back. This could make the gambler into more addictive and into bigger debts.

That is not investing, that is technically taking advantage of other people! You say youre a disciplined gambler, OP. but I think you really arent. If you really are disciplined, you should be hoping the same for other people too, not rooting for them to get addicted into gambling when they dont have money just for your own benefit. Let's hope for a vibe where everyone can enjoy gambling responsibly without going overboard.

But @OP also has to think about what happens if the borrowers can't return the money they borrowed, and when that happens, @OP will definitely have difficulty getting the money back. From there, he should be able to think that he should not need to run a money lending business because of the risks and should think of other ways that can make a profit. He can create a new business where he only needs to focus on doing it so that his new business can be more profitable than when he gives loans or gambles. The level of profit he gets from his new business will only produce results after it has been running for a while, but if he keeps working hard, he can definitely see his business grow bigger so that it will generate more profits. And in running his business, he needs to be patient because the results will not be visible in a short time.

I hope you consider something like this knowing and realizing how dangerous this is. It would definitely not be a very logical thing to meet the funding needs of individuals who are addicted to gambling because there is a high probability that these people will not repay the amount they borrowed. Moreover, since such people don't have much to lose in their lives, there is a possibility that they may encounter all kinds of life-threatening risks.

Of course, funding gambling-addicted individuals in return for collateral or similar assurance may seem like a profitable method but you shouldn't forget that nothing is rosy and you will encounter many difficulties after you start operating. As I mentioned, the situation you mentioned is very high risky and dangerous.

If there is a collateral involved on the process, it's already a guarantee for the lender he is going to be paid back, however, it's a very nasty situation to profit over the misery and mental disorder of someone else. Imagine you having to seize the only belonging left from the borrower in debt. Imagine you taking his car or his house, while his family is left with nothing else. Wife and children crying because the patriarch borrowed money to gamble and lost everything. Of course it's his fault, but being involved on this situation brings a very negative athmosphere to the lender's life as well. It's like a cursed money.

That is the kind of business that even being profitable isn't advisable or desirable.

This is too dangerous and I know it's illegal but it's still up to you if you want to risk your money. We know that it is difficult to pay debts in these situations. A friend of mine told me something like this, he was the one who borrowed funds to gamble at first he was able to pay so he kept borrowing until his debt grew and he couldn't pay it anymore because of the amount of interest. The man is said to have lost his last income from the hotel near the casino. Gambling addicts often fall victim to this.

If a gambler gives a loan, he will gamble again with that money because his intention will be to recover his previous losses with that money and then return the loan money and gamble again with his dividends to make a bigger capital.  But these remain only dreams for them as things never go according to plan. Gambling never guarantees winning, so gambling with your own money or gambling with a loan is risky.  But if you gamble with your own money and lose, you don't have to answer to anyone.  However, if you lose by playing on loan, you have to be accountable for it

Well, that's a solid plan I guess and for me to be successful on that I think asking for a collateral will be the best course of action. I think opening up a small legal casino will be good as well but I think lending first will be enough until you get good fund on it. Just be mindful that it involves a lot of risk considering it's not legal on some jurisdictions.

The situation doesn't not only have high risk for the investment, but also dangerous for the social relations due to the nature of gambling addiction. an addicted people wont appreciate the agreement they have made to others. This is not a good situation for any investment. Providing funds to such individuals, even with collateral as security, is like throwing money into a black hole. The chances of recovering the funds are slim, if the lose. and the overall risk of financial loss outweighs any potential benefit. Providing funds without addressing the underlying addiction is counterproductive and ultimately harmful to the individual's well-being. Instead of offering financial funds, it is better to buy some stakes from gambling shop. that provides bigger security of investments.

Yes, if the debt is given against any guarantee/collateral it is possible to accept that the debt has been paid from the first minute. The main issue I want to talk about here is that if the product that is collateral is an emotional thing for the person or if a loan is given to a close friend in return for collateral, the sale of the product will be more difficult due to situation. Of course, due to the debt in question, the lender will have the right to convert the collateral into cash if the maturity date has come but this will not be as easy as it sounds under all circumstances. Yes, as you mentioned this is the fault of the person who borrowed against that collateral but it can still make the process difficult. Anyway, at the end of the day if a debt received against collateral is not paid the priority will be to convert the collateral product into cash and include the cash in the lender's capital again as part of this business.

In summary, if the debt is given against any guarantee/collateral it can be considered that the debt has been paid from the first minute. However, as I mentioned in the sentences above if the process becomes a little difficult, the process of converting the collateral product into cash may be a bit difficult.

Both your own gambling and investing in other gamblers are high risk. So I think avoiding the desire to earn from gambling. Gambling should only be done for fun and should be played by yourself. Because if you invest on another gambler it will not entertain you much.  But if you gamble yourself then you will get a lot of entertainment from here. So a gambler should gamble with a small amount just for fun without planning to invest on it. Even if that amount is lost, it should not panic you. Then you will be able to control yourself from gambling

Taking advantage of gamblers is not a problem because they will eagerly go for it as they are desperate to chase back their losses but how to recover your loan is what you have to battle on.

If you are talking of collateral, you will also get document signed if there is time for that but it is not a guarantee that you will get back your money or redeem the collateral. The reason that you will fail in the business is that it will look like they agreed on your condition on need or duress, not thinking in their right senses.

Such agreement that they are vulnerable will not be seen as an legit agreement. In fact, there is no investment in gambling and not this type.

You're not exactly investing in gambling itself; rather, you're investing in gamblers. It's somewhat akin to being a loan shark, observing them play. When they run out of funds, you step in to offer cash, likely with a higher interest rate given the high-risk nature of the loan.

It's commendable that you ensure proper risk management by requiring collateral. It seems like a lucrative business, especially since gamblers may be tempted to try their luck again, especially after a tough gambling session when they're eager to bounce back.

Every business is risky, but in some casinos this would be riskier. As you don't know the stuff the person you're dealing with is made of, I've thought of the possibility of running such a business. Yet in most cases where the gambler takes a loan and after playing for long wins exactly the amount that can be used to pay back the loan. How would they feel? like they're doing the gambling for their lender to profit. Some other players may be too dull to pay back the loaned money as, it'll turn to serious argument and quarrel. The only good aspect of such a business is asking for a collateral, instead of money. This will make the player to pay back, to be able to get their property back. In all, It's a nice initiative, and he already knows where he'll get his target audience.


I think he can have a legal team, to handle anything that requires disagreement in the business. Definitely it'll be on the rise, but if he manages well the business will grow real fast. Also allowing the gamblers enough time to pay back their debt is cool and restricting them from abusing the loan. I mean targeting people who can't manage their emotions is a bad idea. It's like taking advantage of their vulnerability, which is not a good way to do business. Even at the law court, with a good lawyer, they can have a good stand in winning a case. For instance, targeting an addict, to make profits out of his problems. He'll definitely fall for the deal, but what happens when the person isn't able to pay back and decides to give up life. Wouldn't it be a bigger problem at the end of the OP. He'd be on losing side and most people would blame him for lending out the money knowing that the person is an addict, who can't control his emotions.

Are you saying to finance gamblers or give gamblers a chance by lending them your money? If you are referring to the latter then yes, I might agree with your assumption that it might be an opportunity to lend them money at an interest rate that is quite favorable to you when they run out of money to gamble. But on the other hand I wouldn't recommend this method too much even though it seems like a profitable business, because on the other hand it's not impossible that they might run away from you and not pay their debts. That's because as we know how gamblers are especially if they are already addicted, they will do anything to get money and one of them is by borrowing forcibly maybe.

It doesn't matter but you have to be really sure and look for confirmation or guarantees that they will really be able to pay later, don't let you set a trap for yourself by borrowing from gamblers who ultimately don't pay. So the point is that you need careful consideration before finally opening such a loan service for gamblers.

I don't think the OP is really suggesting the best solution for getting more profit from gambling. Of course because I think that there is a big risk in doing this business safely because after all there will be problems that will not be resolved so it is very possible to involve violence and even extortion when someone cannot pay.

It would be logical to have your own casino and invest in it if you have a big budget. I don't disagree with you, but your business doesn't sit well with me and probably most other gamblers.

The gambler getting money from their friends for playing the gambling was the really not possible one.If the gambler was known by their friends of the involvement of the gambling and that gambler ask loan from their friends mean they won't give them 10 dollars as the loan.Because the society thought the gambler will loss the money to the gambling sites all the time,but the same friends will seek you free food when they come to know you had made the big win from the gambling.So the gambler should hold certain percentage of the money to the future gambling expenses.It help the gambler to avoid of getting loans from their friends to play in the gambling sites after some continuous loss in the gambling sites.The gambling need of gambler with tactics and allow such people to made the big win.

It seem like it is too risky if you lend a certain amount of your money to a gamblers to continue his activities and encourage him to bet large amount.
Are you sure they will refund your money if you lose?? Even though you have gone through an agreement and used collateral because you only put money at high interest rates without thinking about the risks you face, do you know the true nature of a gambler who has difficulty controlling himself? they tend to be temperamental, if you don't have the mental strength to collect the money you lend, you will most likely lose your money, the person can also run away without a trace and you will have difficulty finding them.

It is true that gambler who are addicted will find it difficult to controling themselves so they are prone to doing anything they can to continue to fulfill their desire to gamble.
However if you take advantage of this situation it means you are no worse than someone who only care about themselves for personal gain.

My advice if you want to run a loan business with big profit is that it is better if you lend to other people (not gamblers).
And you still use collateral for the amount of money they borrow so that you don't experience ongoing losses if they don't return your money on time.

Of course, although it doesn't seem to pose any risk for investment it can cause serious problems for social relations. However, I think this is also a factor in why this investment is risky because putting someone addicted to gambling into debt will bring with it various risks. Of course, when there is collateral in question, potential risks reach a minimum level but I still think that the person to whom the loan is made and the collateral product will also be beneficial in increasing the risk ratio of the investment.

Additionally, as you mentioned although loans are given to gambling addicts against collateral, unfortunately, lending with collateral doesn't guarantee that the loan amount will be repaid without any problems and in full. In other words, making money by borrowing money from gamblers can actually turn out to be a very risky option when we examine all these criteria.

I'll put it to you that you're not adding any positive vale to the community or society by doing this. When you're possibly retired from gambling like you said, your duty should be to mentor the younger gambling community how to do it in moderation. Every football star on retirement does things to improve the image of football and encourage the younger generation on the right  path to success, find ways to improve or give valuable advise to those still playing at their prime. Your decision in the gambling world will only advance the negative impressions about gambling and note that you're  risking your life by lending money to a gambler that is addicted. If he cannot control himself and you give him money to play excessively and possibly lose, do you think he'll waste time to control himself before eliminating you possibly to free himself of the loan?. You are also exposing yourself to more betting possibilities and its very simple for you to return to betting actively to recover the money you lent out that didn't come back and that time desperation might set in and you'll be consumed in your own furnace.

Yes it makes sense, and on the other hand that would be the problem, there is no way anyone would have the trust to lend money to gamblers even if it was his own friend, obviously there would be a lot of doubts about the money, and the first question would be "will he be able to replace my money", I'm sure that was the first assumption that came out of his mind, It will not be easy to agree with lending money to gamblers, because it is clear on the other hand with where the money will be used it is clear that it is a gamble where the final result will not always be in accordance with the wishes, the point in this case is very difficult when we borrow money from others to gamble, unless we lie by saying the money is for other needs.

And also yes, one of the reasons they don't want to lend is because there have been quite a lot of cases from other people that they couldn't get the money back, in the sense that the gamblers didn't replace their money. From that alone we can already judge that usually gamblers do not have good responsibility, especially in terms of the money they borrow. And also yes on the other hand if you (gamblers) manage to get a big enough win then it's better to put some of it for other purposes and some of it for gambling next time, it will help you in terms of money to gamble, it's better than you borrow again.

You're simply taking advantage of people's insecurity weaknesses and trying to make money out of them and it is a very wrong thing for you to do, gambling is not bad but what is bad is when you are addicted to gambling and that is what we have been trying to stop and for those who are already addicted to gambling you're looking for ways to make them stop and you want to help them get more addicted, because every responsible gambling should at least set a gambling limit for himself and do his best to stick to those limits but if a gambler has no limits or actually has a limit but is unable to stick to those limits then it makes him an irresponsible gambler. With recorded so many cases where gambling has entirely ruined people's life due to the fact that they lack self-control or don't know how to stick to their gambling limits. How can you even think about lending money to a gambler who has exited his limits it means you just want to help the person to completely ruin himself. In my own opinion I think this is totally a very bad idea for coming from a very wicked point of view.

The only option you have is to invest in casino company stocks, I have come across such investment online but this isn't the most lucrative investment in the world, it's not as if you will make tons of money going this road, buying Bitcoin and holding will net you the best reward ever, I don't see anything that does it better than Bitcoin, this is why Black rock and others want the piece of the pie, right now crypto is the most lucrative investment.

If you don't like gambling or you feel like you are not making enough, the best advice I can give you is to build your own casino or just invest in Bitcoin, mind you, if you keep using what you can afford to lose on gambling your luck days will still come, you are free to make your own choice.

If you can't do any of this then find something you can invest your money on, most times I prefer something I can control but since Bitcoin is decentralized I don't have any problem investing my hard earned money on it.

You should not have used those who are still gambling to make money; in addition, you are still lending money to losers, which will be extremely painful. How did you get your money back when you knew they were losers? You are not doing the right thing. Did you think those people were willing to keep gambling forever? If they didn't win any games that day, how did you get your money back? There won't be an easy way to get money, in my opinion. If you lend them money and they lose, did you think that would cheer them up and make them pay you back? If that's what you've been doing at the gaming ground, then you haven't stopped gambling, which is still taking advantage of people, in my opinion. I know it wasn't easy to stop gambling, but if you truly want to stop, try something different, not like this.

You are still risking your money and yourself, in gambling ground if things like this continue going on, it will definitely not end well. For this reason, we cannot compare gambling and investment because this that you are doing is riskier than gambling with your own money; in this case, you may even borrow some people money, that you may not be able to get it back. It would be best to just stop lending money to losers for your own benefit.

The reason why they or anyone else should not just lend money to gamblers is because of the high risk of gambling itself, gambling will always run randomly and there is absolutely no guarantee of getting better results even just to break  even unless you are really lucky. That's a fair and reasonable reason why they don't want to lend money to gamblers.

Honestly, I'm not sure that gamblers will be able to repay their debts, they have an activity to squander money hoping to get a bigger return such as winning, but that rarely happens because casinos are very happy if a gambler loses because that is the profit they are always waiting for. I'm sure they won't think about how to repay the debt but more likely they'll think about how to find the money to gamble again, if the  result is losing again then they'll continue to assume that. It's a horrible cycle  of gambling, you can't think of anything better than gambling. What often happens is that instead of paying debts, they come to borrow again for various reasons. So it's better to reconsider before it's too late and you regret not paying.

If you want to gamble and borrow money, you shouldnt do it together. Doesnt it sound like a great puzzle? Giving a bettor money is like giving a child the key to a candy store: you hope for the best but expect... less. "Will I get my money back?" is the big question that everyone wants to know. There are a lot of stories about missing funds; they're almost as famous as ghost stories around a campfire.

However, lets not put all of our chips in the same pot. If there is a big win, what will happen next? Part of the win to refill the gambling tank, part to, say, do something wildly different. Thats revolutionary, right? Its great to be excited about gambling, but how about some smart planning too? Its kind of like a strategy game, but you use real coins. Remember to keep it fun and smart.

If it's really easy to take advantage of gambling, then that's what everyone will be doing when they are no longer interested in gambling. If you want to take a break, just take a break, but I don't really know if there is any way you can take advantage of gambling. If you have the financial capacity, you can decide to start your own gambling site, which I know requires a huge amount of capital before you can do that.

Waw, this is serious. Just think about it. Don't you see it's a dumb idea? Why will you think the best thing you can do is to visit a gambling house, and you will decide to give out loans to people who have already lost everything they are gambling with? Did you even think about it before posting it here? How do you expect those people to pay you back? Don't you think they will end up losing the money that you borrowed them? And the worst thing you should do is borrowing a gambler who's already losing money to keep on gambling.

What you are trying to do will increase gambling addiction, which is wrong. I can say it's also going to increase the crime rate in society. If you give out a loan, maybe they decided to submit their mobile phone as collateral. If they lose the money, and I know they will want to get their mobile device back, they can end up doing illegal things just to get money to pay back your loan.

It's better you just get something else to do with your money. I am not in support of your idea. it's going to cause more harm than good to individuals and even to society.

Since it's a business for him, I guess he barely cares about the addiction or debts of the gambler as long as he is getting his money back, but I wonder if a gambler would be able to repay the money or not if they lose the money they've borrowed. However, as OP said, he does everything after going through some paperwork or something and then he goes ahead and gives the cash to the gambler to continue gambling and maybe recover the losses which is like chasing a leopard on foot.

You mentioned that there are casino platforms that allow investment opportunities for a return of profit percentage from the bankroll, but I've not seen any modern-day gambling platforms providing this opportunity. I remember back in the day when most casinos here in the forum used to provide such opportunities.

I also don't support this idea, he takes advantage of gambling addicts who are experiencing losing bets to offer loans with a predetermined interest amount, they will take loans because they just want to have more funds to gamble and recover losses but their minds are not focused on the loans that must be paid high interest. I think he should stop the bad idea of how to invest in gambling which is wrong, he will create illegal actions from the borrower to pay off his loan and he also has no guarantee of being able to get the loan money back if the borrower flees to another region or country.

Totally non ethical right? Taking advantage into those unfortunate souls who had wrecked out theirselves with gambling. Well, business is business and if he do find out that this one is profitable for him
then let him be, but for us people who do see for this kind of opportunity taking then it is really that something a little bit non ethical or really that opportunist on someones failure or bad condition.
Some might be seeing this to be not an issue since its business talks but majority would really be sharing up on the same sentiment that it is really that never been that a good thing
in our eyes on which you are really taking advantage of others.

Yes, we should be that focusing on making investment or business but this isnt the right way on having one, taking advantage is never been that
good for me.

That is what I think as well, he even pushed that person, that gambler to become heavily addicted and compromise more of their finances.
It was a profitable business as per see but yes, it was not a helping idea that helps someone who falls into addiction will stop and realize their doings instead, he used to feed them with his money and loans and take advantage of the situation while these gamblers are hungry to win.
He is just focusing on a possible huge profit but misses the huge risk that he will face later.

Anyone who brought up this kind of idea is literally saying that he wants to be capitalize on the addiction of some gamblers to make more income for himself while rendering most of the gambling addicts more useless than they were before he transacts with them.
When a gambler is losing his money and wants to recover it by all means, he's very likely to make  decisions that he wouldn't dare to make when he's not losing such as borrowing money to gamble while submitting his very expensive belongings as collateral with terms and conditions that wouldn't be favourable to him. I think it's inhumane to be doing such thing all in the name of investing in gambling.

No need saying that it's a bad idea, because it's as good as saying that gambling companies should stop operating because of addicts. I understand that you both care for the well being of the addicts, who are not completely in control of their decisions. But, since it's business and he doesn't force them to patronize him, he'll still make customers and profits as well. Then the harm he cause to the players can still be tackled by his legal team. Though, to the gamblers he's meeting, they may like his idea, regardless of the mental state they're passing through. As they'll like to continue playing games and testing their luck. Thereby risking themselves deeply at the mercy of the loan shark, who now controls whatever outcome they get after taking the loan. Nobody knows what individual players reactions would be when they arrive to their right senses, after playing games and losing out the loan too. They could be some misunderstanding, as it's more painful, yet if he's prepared for such things he'll be good going in running his business. I once thought about it in my first response, how bad it is to encourage addicts to continue staking, when their pocket runs dry. Yet, on the second note, even the casinos don't care about this either. All they care for is their money. Hence, Op's investment idea, though sounds wrong, it's still a business. And since it solves a problem, would still generate him wealth. Even the casino owner can decide to collaborate with him, because it'll also fetch them more profits. A kind of win win idea for business men.

Don't make your quitting too much complicated. If you want to quit gambling then quit for good.

Investing in gambling by giving a loan to gamblers is not a good idea. Even if you have a written contract, how can they pay you when they get wrecked playing? Instead, use your money to establish a good business that fits your interest. It's fun to do business on something you really like.

Only invest in gambling if it's about building a gambling site but of course, you should be knowledgeable in that field first.

Others have mentioned how risky it is, but I just straight to say that this is simply a bad decision.

I thought that OP wanted to invest in the casino itself, but rather the player. Regardless, both might be, in my opinion, bad decisions, unless you consider other investment options. Instead of logical planning as you stated, I think you misstep the risk parts, So I assume you haven't even considered calculating the risks. One concern is that you probably will have difficulty making a concrete agreement since the loan you offered is mainly an impromptu one. You are also still unclear regarding collateral acceptance. How could you target those who don't have a budget a collateral? That's absurd.

So I believe the whole thing is incalculated and a bad decision to make. Moreover, this kind of signifies that you have problems with gambling and not a discipline and responsible ones.

Exactly. It can't be called investment since you're just giving yourself a headache once the gambler can't repay the money you lend. Maybe it's not your problem at all even the gambler lose, but think carefully if this person will able to repay you if that happened?

Lending money has always risk, even to those who will use the money for reasonable purpose like building business. Although it is risky as well at least the money won't be use in gambling since the outcome of the business will depend on how the person will work on it to become successful. Nevertheless, we have different strategy to gain and so if he consider lending money to gambler is an investment (since he's the only one who can say if it's profitable based on experience) so be it, that's his strategy.

I don't think this is the best investment you can make with your money. Why would you lend your money someone that has no more money and still wants to gamble? First of all, if they lost all their money through gambling then their strategies and risk management is not really the best and the chances are high that they are just going to lose all your money as well. Making a contract and requiring interest is a good thing, this gives you at least some form of protection. However, a contract alone is no guarantee that you actually will get your money back. Let’s look at the worst-case scenario where the gambler loses all your money and still needs to pay you back. What happens if he doesn’t have a job, or only a job that doesn’t pay a lot of money? Even if you go to the courts and ask for your money back, it could take years for you to recover your principal. In my opinion a better approach, if you want to invest in gambling, would be to look for a casino that is looking for a new partner and you could invest your money there. There will always be people trying to sell their shares in casino and if you have enough money, you could buy their shares.

I for most of the times would never borrow money from a stranger,even if you promise that it will a notary contract and will abide by all the laws of the country if you will do it locally in your city and I think most gamblers would not go this route,they don't like notary contracts.You will also be faced with a lot of possible "scamming" gamblers,the ones who will get the money and you will never see them back,they will most likely sign the contract with false documents as addicted gamblers can do this and much more worse.

If you go online the scam zone would be even bigger so for your own benefit and to spare some stress to yourself you better don't do it.

My initial advice for the OP is similar to yours, the risk is high doing a business like this, regardless, I don't even like the sense of it at all for it's tantamount to exploiting the problem of the gambling addicts.

Come to think of it, the fact that a gambler could approach you to borrow money for gambling purpose shows that the gambler is not with his senses anymore and a very good reason not entertain this act, it's very risky businesswise. Fine, some gamblers might borrow money from you and pay as and when due, but I'm certain that most would not pay you because they would rather prefer to play more bets with the money they have than to pay you back. This makes the risk so high for the person that would be borrowing gamblers money, those who are borrowing  the money can't be responsible, if they are in the first place, they should know that they should gamble alone with the money they can afford to lose, which is their extra money, not the other way round. And for them to have come to you to borrow for gambling shows that they've already crossed the red line in gambling addiction which makes your money not safe with them.

OP are you going to involve the government of your country about this or just you? I think it's not safe to start such business of lending gamblers money because

1. Most gamblers won't pay back what they own when the amount is too much, and if you threaten them too much you won't be safe either, how many stories of people killing people to avoid paying what they owe? There are many stories like this, and been just you doing this you can lose your life.

2. If something happens that involved the law and authority you will be at fault and they can charge you because you are not registered as a lender, there are standard lending business in the world today, so make sure you get a license and think about good security for yourself.

I don't have Interest in such business because I have seen lenders going through the stress of looking for debtors that refuse to pay the they owe back, some will run off leaving one country for another and you will have to put them on manhunt to get them arrested when they are in the public, if you think you can handle it you are free to do so, but be prepared, gamblers know how to owe a lot of money, most of the ate living a miserable life so they don't care.

I agree with this. It's such a complicated thing to deal with. Might as well find other source of income that doesn't involve much stress and risks. It's better to have a business that you can plan and organize with your knowledge and not bother about the safety and security. Because it's really risky if you are going to lend money without permit, you can be fined and be jailed, even be a subject for murder because most people do not really want to pay. You want to prioritize your well-being above all else because you will no longer earn if you are already six feet under.

It's also bad to take advantage of other people's weakness. Like what you said, it might indeed backfire on you, unless you will ask them for collateral damage with the same amount of the money they have borrowed. But I guess, to each his own. If ever you really want to pursue that kind of business OP, make sure to have it documented and be legal. Pay taxes so you won't be working in the shadows and you can file for claims in the court if things go south between the debtor and you.

Yes, there would be always a catch, whether there's some hidden charges or really that huge interest but pretty sure it would really that too suspicious if ever there's someone who would really be
approaching you and telling that they will really be giving a loan. If you could really be able to see that they could be trusted then it would be your choice but if not then it would really be that
wise that you shouldnt really be trusting them in the first place. Its always been that shady that suddenly there's a person who would really be having that kind of approach and offering some loans.
lol.

Giving a gambler who is broke money? That sounds like the plot of a sad comedy. Yes, you're right to be wary of contracts and slow law mills; they're not magic wands.

Hey, let's change the subject to something more... exciting. Cryptocurrency casinos! That's where the real action is. There's more to these digital parks than just rolling dice. They're smart, creative, and a lot of fun. Just think about it: blockchain technology provides openness, fairness, and, guess what? Privacy. This is the perfect set of qualities for a player.

Putting money into a casino, whether it's online or off, is more than just buying a ticket to the money show. Being in charge of a show of luck is a lot like that. You're not just watching the game; you're in it. Also, you made a good choice with those gambling shares. No matter who wins or loses at the games, the casinos make money. Why bet on a horse that will lose when you can own the racetrack? Remember that the house always wins, and you could be the house in this case. If you play your cards right, anything could happen.

One thing that's crazy in my opinion is, where people who have lost are bribed with more funds, and those funds are funds obtained from debt, what guarantees do they provide when borrowing? and is there an agreement?
in here i see  your morals are very bad in my opinion you want to stop gambling but you are luring other people into gambling by providing loan funds for gambling, you shouldn't invest in other places maybe it's better than gambling

I think those things can be tackled with the collateral aspect before giving out the loan. OP can check those things out. It'll be wrong to lend money to a person who doesn't own a single property to hold on to if they don't payback their debt. It's a very risky business, and it could be why nobody is running the business. I've never seen such an initiative. The best method to do the business is by collaborating with the casino. Then they'll be able to point out players who are capable of paying back the money they are owing, despite losing out the whole funds. The people Op is targeting, the inexperienced, would bring him more troubles. Because they are novice and naive, they'll wind things up and turn back to get angry at OP for putting them into another level of stress. The only way we can determine if things would play out fine for the business, is by knowing the testimony of OP when he ventures into the business. In my opinion, instead of going directly to the gamblers to convince them, and the time it'll take him to sign agreements. It'll be best OP sets up his own platform somewhere close to the casino. Such that these players would be the ones meeting him out of their own choice to take loan for gambling. They'll agree on ways of paying him back, then strike a deal. Meeting them when they're down emotionally, can be risky on the Op's side. They can deny, they were drunk or weren't in control of their decision. Which such hacks can fold Op's business. Because players must find a way of cheating Op in the business. Hence, having a different establishment is better, than walking around in casinos to convinces inexperienced players.

The loan procedure by doing the collateral before getting the loan to manage from the loss once the loan guy not able to pay the money.Instead of getting the loan for the gambling site playing the gambler can use the money to invest in the cryptocurrency and multiple the dollars.So then he can do the gambling with the profit from the cryptocurrency trading,but the new gambler will play the gambling without the experience in the gambling sites.So it will be like the random bet to the gambling sites,this only help the gambler to loss.The loan for the gambling itself not the good idea until you had good experience in the gambling sites.

If I got you right, the borrowed money meant to be used for gambling, you mean the player should trade it in cryptocurrency exchange. Then the profit he makes can be used to gamble. The whole process would be riskier than using it straight ahead to gamble. Nothing stops him from losing his trades in cryptocurrency. As it's also uncertain, whether he'll double the win or not. Considering the time frame, for players in offline casinos. Would OP wait until they're done trading before they'll gamble the money. It's more like a fast business, and the lender will be present to see the result. Running such a service online would be a wasted effort. His main aim is the offline casino, if I'm not mistaken, and like you said the experienced gamblers would be better off as his target audience. The wealthy players, who for some reasons ran out of money, maybe physical cash, can patronize OP, and when done playing would refund him before or after 24 hours. That way, it'll be less stressful than when he targets addicts, who have nothing left on them. Raising arguments each day and refusal to comply to their own end of the deal. Some may try to deceive the lender, bring losses to him.

Haha yes your statement is simple but very reasonable, giving money whether it's lending or giving without reciprocity is like you give the keys to a candy store to a child, of course which child will refuse when he is given access to things that can make them very happy or mean for their favorite? This scenario is no different from gamblers, and of course there will be a lot of doubts from people who will give them a loan, because the money that will be used is for gambling which is where the public's view of gambling is very negative, so it's only natural that people don't give you a loan if your goal is to bet.

As I said earlier that if you have managed to get a win then yes of course it is better for you to divide the winnings, I mean you need to break it down, some for other purposes or for example paying off your debts and some for your gambling funds next time. So of course planning and management is really needed in gambling, it will help you to avoid financial problems due to gambling, and of course by saving funds, you don't need to borrow anymore, that's better, friend.

This is not investing in gambling. You are not different from a running a credit scheme. It is almost like gamblers using a credit card for gambling.
The real investing in gambling is opening and running a gambling business like a casino or a sports book.
If you have enough money you can partner with someone on this. In the mean time, you have to be careful about giving out money to gamblers they are terrible at paying back.

Certainly, gambling with high budgets and funding gamblers will bring about huge risks. For this reason, it would be a more logical option to gamble with amounts that will not shake one's budget and to evaluate investment opportunities in different investment areas. Gambling should always be an entertainment-oriented tool, not a profit-oriented investment type and it should be played with an amount that will not negatively affect the person financially.

In addition, since investing in gambling is riskier than other investment options, the risk of loss will be higher for investments made in this area. Also, if the return and risk ratios are incompatible with each other, this investment will definitely not be a logical investment.

It is easy to apply such stigma to gamblers, called them out for not being good at paying back, but I would say it depends rather on the person and not what activities their partake in (consuming drugs do not count, though), there are gamblers who are responsible and will give the money back gladly in order to keep their reputation. I have seen at least one gambler here in the forum to ask for a loan directly to their casino account and he was granted such loan based on its reputation and level on the forum. It is about the same in the real life.

Also, running a credit scheme even though it does bot have anything to do with gambling is a legitimate way to do business, though. Even here in the forum we have got users who actively concede loans, many.

My previous response was related to personal opinion but if it is related to the business aspect, he has analyzed the profitable opportunities from the loan business, even casinos also support this business idea which can benefit their side, because they don't care about negative perspectives but business is still business, all opportunities are utilized for get profits without caring about the financial aspects of the gambler. If the loan business has been released then you will be rushed to receive many loan reports every day, because gambling addicts don't stop betting before they lose everything or reach their target profit.

I think he has to make loan rules and he will select borrowers to avoid fraud who don't want to pay the loan, this kind of business is prone to big risks because proof of a loan agreement is no guarantee of getting the loan money back if the borrower has run away without you knowing

Running up a loan business isnt bad and what most people that do really focusing about is on the ethicality of such business on which taking up advantage into those people who had just wrecked themselves
on which you are really that trying out to offer them on getting some loans with those kind of interest. Well, its a sweet spot because you are pretty sure that they would really be getting specially to those
who are really that addicted. Its true that we cant really make out that directly judgement about people not to be able to repay their loans or debts to someone. It is really just that we are really just that
being conclusive when it comes to things.

This is why we do really end up on having that assumption that they arent capable on repaying but its true that there are people who cant really just that afford on making
their reputation to be  that something that bad, they do take loans but doesnt mean that they cant repay it on time.

Are there really some investment gambling platforms that make this as business for gamblers to make deposit with them and Invest in, i see that many gambling platforms developers do have enough money for their establishment, but i don't know what other means one can use to begin to make money from gambling outside gambling itself, making an investment into gambling can only be afforded by those that have enough financial capacity for an establishement and not a regular gambler.

Yes, it is true that most of the casinos are established and have got money and that is why they dont ask for any investments.

But like bitvest, they have the option for users to invest on their bankroll and not only them that does this.

Bustadice also and many more. So if you have spare money and you dont want to spend it, you can put casino bankroll investing as part of your choices.

Gambling sites are founded by people with above average wealth, even when they receive investment, those who enter as investors are rich people who are also friends of the owner, either business friends or what is clear in gambling business circles have leader who can always have more money for every development.
But here as the OP said it is not about investing in betting platform or casino but he is giving loans to gamblers who have run out of funds and has an agreement with the gambler regarding interest and when he should receive back the money lent.
It seems like you don't really understand what the OP means here.

When we really want to invest, we must be able to know that we have more money, meaning that we will not take the money invested when there is sudden need.
An investor must have spare money in case there is an urgent need and requires certain amount of money and we need to remember that investment will always be long term so we at least need to have an income at all times.

Funds are produced when we worked and reap the profits we generates from our business and investme, that's how to keep milking steady streams of income. Experience is just what everyone needs to stay put and ready to face challenges and also prepare the mind for gigantic profits. Gambling is one of the most relenting activities in the system, how can we quit gambling and also invest in gambling? It's makes no sense to me. Gamblers are open to both profits and losses and one should ensure he's able to surpassed losses with significant profits.

That's right, people who are addicted to gambling will do anything, even if it's high risk for them, but it's because of their gambling addiction that drives them to commit crimes that can even involve the law in their country. And I've also heard the story you mentioned, where someone collected a debt from someone who owed him,  but the person (who owed the debt) threatened the person who collected the debt.  Of course the ones who are at fault are those who borrowed the money, they dare to borrow money to gamble because of the addictive desire to do so they take out loans to gamble again, and it is true to what you said, they will find it difficult to repay their debts, even when they have money, they will be more concerned with gambling because they think gambling can multiply money.

But with the losses they always get, they should realize that they have lost a lot of money because they always choose to double it by gambling. And what I fear is that they will commit crimes that will harm themselves and others who do not know anything. It's not funny to hear people who don't know anything but are influenced by someone who is addicted to gambling.  They should be aware of the harmful effects of gambling addiction that will bring big problems in the future, There is nothing wrong with gambling, but with a note that it can control itself well so that it can avoid severe addiction.

You can try looking at Blackjack.fun. There is an investment section for gamblers who want to try it. You can visit the thread to ask further questions or go directly to the site and ask in the chatbox.

Or you can look at freebitco.in or betfury. On these two sites, you invest in FUN and BFG tokens. But at freebitco.in, you can save BTC and get returns. Apart from that, you can also take advantage of Free Roll for members. Even though it's small, it can increase your satoshi count.

But whatever it is, you have to use the amount of money you can afford. Don't expect to make huge profits in a short time. And finally, be careful with the money you use to invest.

If it is about ehticality and the things which the lender believes in, then I can understand the point on not giving loans to gamblers and those who have problems of addictions of any sort.
Keeping that point in mind, then I would certainly try to ask for the borrower for some information on what they plan to do with that money I would give them.
Also, this makes me wonder how loans work in countries where the Sharia law is the main form of government, like in Iran. Because as fas as I know, muslins are nor supposed to ask for interests... Not even mentioning the gambling prohibition they have.

And you think that investing is not gambling? Sure, it gives you the feeling of having more control, but in truth, anything could happen and you would not know until it is too late. By the time you realize that something has happened, your investment has become worthless. Just look at examples like LUNA. Who would have thought that a "hack" would happen? Who knew the owner was not doing things as he should? Nobody from the investors.

I agree that you will make more money investing than with gambling, but nothing is safe. Everything is risky. Its important to remember that in life.

Many casinos have that section for investors if they offer that. And for those that have seen the tokenizing of some casinos, it is effective for them because they treat their investors as partners. While for some that offers investment, they don't have that tokenization of their assets or shares for the dividends.

Well, any way of tokenizing it seems to be effective as it gives the idea on how the economy of the crypto market and not just the side of the casinos. ANd they're more intriguing and interesting if you hold their token and they distribute the dividends in the form of btc. That's going to be more attractive for real.

Yeah, whether they will give you their tokens upon investing or not. What matters is your affordability to invest your money in the casino of your choice and always be mindful of the risk.

There is no crime in leaving gambling. I mean, don't gamble, and yet you invest in gambling. You can stop gambling and allow your money to do the work for you. Although the OP's strategy is not a good one, we can make an investment in gambling.
 
Casino owners are investors in the gambling sector. You can also be a shareholder in a new casino, which is also a form of investment in the gambling sector. When you do the thing right and with the right organisations, you can rest assured that you will be at the right place and your money will be generating profit for you.

So such a form of investing in gambling I see it as a good one, but walking into a betting shop and giving someone my money without a guarantee to gamble with is the kind of risk I can take, as it will also end in conflict.

Well, when it comes down to it and it has to do with betting and investing in plays or even copying the plays of others, it is putting money at risk, a latent risk that Sometimes does not want to be yours but even so things can't happen. give according to what is being asked to put money in the hands of others or decision-makers of others to be able to have Access to more money , I do not see this as something fundamental, I consider that people are very decisive in doing things well That is to say, if we make or believe that a bet on a sport is made, the chances of winning are 50% yes and the other 50% no, it is something that we cannot change, when there are bets or investment of bets for other things. Whether they are groups, or by other people under what they get their bets, it's the same thing, it's as if we were betting only hiding that we only put the money and they put the risk or the whole style, here I am very knowledgeable in the range of To clarify concepts, everything that involves internal games in a casino cannot be called investment, the same applies to sports games, because it is already gambling, what does not apply is trading, investing in other things.

I have a clear concept that investment is and consists of Buying Bitcoin and waiting as long as necessary until you see profits, or buying real estate, or making a bet on gold, buy gold and wait, but in sports betting, I think that That is not called an investment but a risk, in itself everything that involves being in a random situation is a risk and is putting money in danger, and that is something that must be seen and considered as such, for That is that we are people who must do things very well to be able to have the best profits, and the implications are not to confuse the concepts, because if we enter an exchange thinking that trading is like the casino that is to do gambling Well, we are Wrong

Think about this decision again before you start this type of business; however, this is not even business and is not a nice idea at all. Everybody wants to invest where they will get their money back with profits, not where the capital will finish and nothing will come out of it. However, you said you would be lending losers your funds to play more games. How sure are you that after giving them that money, they will win the game? There is no agreement or anything you will do if you lend them money and they don’t get what they want to pay back. In the end, you will just leave them.
 
However, it seems like you are viewing gambling as a business where you will make money, right? I just hope you will quickly change because gambling can never be a way of making money. If you want to quit gambling, just do it and forget about gambling. Then you find another thing to do to make money, or you go back to what you were doing before you started gambling. I think it’ll be better than lending gamblers money.
 
However, if you said you were a gambler before and you decided to quit, but you will be borrowing people who lose in gambling to gamble more, how sure are you that you will not go back to gambling? I believe you will continue gambling because you will be sitting around them while giving them money, and that feeling will still be there.


You can't succeed in doing it, mate. My reason is that you are there to borrow their money to gamble. When they lose and are willing to gamble more, which I believe in any business, you will want people to patronise. You don’t have a problem with whether they know how to do it or not. Your own is just for them to come and lend, then later pay back with profit. So how will you make them budget for how they will gamble? It will be impossible when you also want people to lose and come and lend money from you.

High likely that you might really be ending up with conflict.Why? we cant really be able to conclude that those losers would really be totally having no money left into their bank. So what are your methods or ways to know if a certain gambler is really that eligible for the said loan or trying to approve out? Pretty sure that it would really be that already that too personal if you do dig in deeper about someones financial capacity.
I dont know on how those lendors would eventually do it for that kind of background check. Yes, someone could really be able to take up the risks considering that loan amount would be big and same goes with the
interest that you could really be able to patch it up on which it is really that profitable.

Somehow i do agree on some points above that it isnt really that something to be that ethical considering on how you are really that taking advantage on someones demise on gambling.
It isnt really that necessarily means that they are losers but making use as an advantage on someones tough situation doesnt really look or sounds fine but well
our conscience is really the ones that would really boggles us on which its up to you whether you would really be gonna dealing with it or not.

It seems to me a foolishness. So what are your initiatives that provide loans to gamblers to experience and succeed in gambling?  But I feel that your initiative will make those gamblers more unsuccessful in their lives. Because I think too much gambling depends on luck and the amount of experience or skill needed doesn't matter much to be successful in gambling. Rather, I think that people who take loans to gamble despite having no money are addicted gamblers, and addiction can never bring anything good.  The basic rule of gambling is to invest as much money as one can afford to lose. I think those who break this rule and gamble will only add more stress to their lives.  So I would say your idea is a bad idea.

Wow, your investment idea sounds good and funny at the same time, you as a gambler tells the other behavior of other gambler nowadays, sincerely speaking your idea sounds good but sometimes it might lead to a fight and quarrel, remember you're dealing with local gamblers who grow annoy over little matters and problem will definitely come maybe the pay back, some people have this bad habit of not paying debts and it may lead to fight.
Your idea at the same sounds bad, when you provide loans for angry gamblers who loss to a bet, of cause they will accept your loan and decide to play now what if the person didn't win the bet will you still give that person another loan?, when you keep providing loans for that person I think you're indirectly destroying the persons life. The worst part of it is most of these local gamblers don't even work so how do you expect them to pay you back. You're idea is not worth it dear.

I don’t even know what the Op was even thinking before coming up with this kind of idea. I can say that most of the people that will take the loan from him will end up losing the money, they won’t be able to multiply the money because they will be gambling under pressure, which they will end up losing. This kind of idea by Op is really wrong, and ideas like this will end up causing harm to our society. We all know people who will take loans are mostly addicted gamblers, so if they take loans and waste them on gambling, some of them might end up doing illegal things to be able to pay back the loan that they took.


Just gamble with any amount you know if you lose, it’s not going to affect you, and if you've already reached your limit, it’s just better you stop gambling at that moment. Don’t even think of keeping on gambling because you might end up regretting it if you continue gambling. So when gambling, always set a limit for yourself, and when you notice you are exceeding your limit, just stop. If you are using that strategy, I am sure you will never regret being a gambler, and you won’t do odd things just because you want to gamble.

Actually the gambler should understand the real game,because the better way to win the game was use the money which doesn't affect your monthly expenses.If you want to survive in the gambling for the longer period,it's better to use the money which doesn't affect your monthly expenses.So your family will not affect because of your loss in the gambling,Your wife also don't ask for your loss in the gambling.But remember the loss match will be in your mind always.So the gambler who loss huge money in the gambling will not repeat their mistake in the loss match.The continuity in the game was the important one in the gambling,many gambler forgot the mistake in the gambling and use to loss the money many times in the gambling sites by the same mistake should be avoided.

Lending to gamblers is tricky but possible to run a good business from. As a matter of fact, the Lending section of this forum is financing mostly loans for gambling or trading.

But doing this locally in your neighborhood where everyone knows each others underwear colors, it would not be recommended. Either run a pawn shop or be a shark in your local, which is often the case in many under-developed countries. These lenders need to have connections with the local police, mafia and goons in order to live. Its not a safe job at all.

I hope the OP finds something else to interest them, like investing in a casino bankroll, like I suggested to many others.

The last thing I will ever do is lend money to a gambler as a way to assist them to gamble more, a gambler who have gambled until he or she lost all their money also have the potentials also lossing the money they borrowed, or was lended to them, and we all know that, if a gambler loses the money he or she borrowed to gamble, there won't be any way for him or her to pay back the money except he or she looks for an external source.

So for me, I completely disagree with the Ops idea or method of quiting gambling to invest in it rather, I will rather play the gambling myself than lend some one money to do it.

I think no one lends money (especially to gamblers) without collateral, so if a gambler loses, then he can simply admit this fact and simply forfeit his collateral, rather than invent ways to get new funding. But I agree that although the majority of gamblers are adequate people, there are many addicted people, so engaging in this business for many people can have an immoral connotation.

For me it’s kind of unethical, lending money to an addict is totally wrong even with a collateral. It’s like you know that person is hurting himself and you are the one helping him and pushing him to do that, there’s no difference between lending a money to a gambler to lose that money and pays you back in certain way that he hurt himself first and his family around, just as lending money to an alcoholic person or drug addict.
There’s a story in our region that really happened, a person made a fortune from lending money to people that he know they can’t afford paying him back but with a collateral such as houses or cars. He always get their assets and sell them or keep them. This person still living a luxury life but I don’t know how his consciousness is in peace.

Your plan is not an investment but a crime to me! Still my point of view

If one lend money to a gambler that means the lender too is also gambling because there are always a possibility that the gambler might lose or win but if the gambler win, with the joy in him or her, they might give you back the money or even add extra to it, but just imagine if the gambler lose the money you lend to him or her.
As there is no sure odds in gamble, I don't think a gambler can always.

It's like investing in a Ponzi scheme,  how can you lend money to someone to gamble with,  that is the most irresponsible thing to do as most time gamblers lose all their money,  and that is why we have always warned against taking gambling as a means of making earns needs and also taking it as an investment because doing so will cause you more harm than good on the long run,  most times some addicts things that they have the most sure games and at that,  can boldly request for loans just to gamble with and at the end,  they will still lose the bet and money will be wasted.

So anyone that lends a gambler money to gamble,  is just risking himself and should take it as if he is gambling with that money himself.

As for someone who do have plans on letting those gamblers granting up some loan then i could say that it is really something that i dont want to do so, considering that you are providing someone or granting them
some loans which you didnt even know.  Making some in depth verification? that would really be still time consuming and there's no way that you would really be able to know it out on a short time.
Therefore, i do really see some serious risks for those who are planning to make people lend some money on which you cant really be able to tell whether you would really be repaid back or would
really be just considered to be a total loss since they cant able to repay those amounts.

Also, its never been that ethical or something that would really be that good to take advantage of those gamblers on the verge of that huge losses because you are really that taking
advantage of them on which they would be likely be getting those amounts or loans and trying out to make collateral on everything that they could possible have.
Do you really have that kind of emotion on having no sympathy into their situation or condition? Yes, business is business but we cant really be able to deny that
it isnt really something to be that ethical.

You can say a lender giving out loans to people without demanding anything as collateral is gambling with his funds as well. But it’s a gamble that the lender is willing to take. Having already known the lender and his capabilities, the lender might have (non ethical) ways of getting his money back from people that might default on their payments.
While I don’t think any reputable financial institution or any sane person would give away loans for the purpose of gambling, there are always people who would still give loans for such purposes.

It's great to utilized a solid idea immediately because it do saves us from unnecessary losses which we will never do actually comes realistic. Lending money to gambler? I would confidently choose not to give anyone money, instead they should hustle on themselves. I'm quitting gambling without a second thought, it has frustrated me and I've lost quite significant money which I'm aware if I started working on some promising projects, that means I will start  earning from the good days. Lending money should be carry out on a orderly instructions like any other days.

You are right that the best way to gamble and can be said to be real winner is for those who can minimize expenses in gambling so that they do not exceed their means and disrupt the continuity of life needs.
Setting small budget will have the effect of saving money and being able to control one gambling activities, in fact, adopting an attitude like this can also have positive impact in developing financial management in real life.
There have been many statements and advice that are almost the same, but there are still many gamblers who fail to apply this attitude when gambling so that in the end they lose everything, including their savings and money for daily necessities.

My advice is just to always use money that has really been set aside for fun and don't disturb internal money or money for savings or family needs, that way every gambler will feel how they can accept every loss as form of payment for having fun.
And I believe that by implementing it, gambler can avoid stupidity such as forcing one abilities by going into debt.
Remember to never accept loan offer from anyone just to gamble or try to recover your losses because that will not help and will only cause difficulties in the future.

Yes, lending can be considered as gambling, but there are significant differences: usually those who issue loans are well aware of the non-return rate and they take this into account in the interest rate on the loan. It turns out that, in a sense, honest borrowers pay for dishonest ones. I can suggest that in gambling the percentage of non-returns can be too high, so collateral is still the optimal solution.

Is there also said to be gambling on lending money with a legal backup? Definitely a lender obtaining an approval lending order from the authorities.
At this point, the lender remits some revenues as taxes to the in other to have that authentication of awareness.
Meanwhile... You only borrows to those with good reputations and colletoral is also considered so as to secure an unconfident relationship between both also as evaluating the gamblers potentials values to determine the who borrows status of endivoirs.
This is just how the amenities is situated.
Meanwhile... That is business and surely losses is liable to come.

That's right what you say because by lending money to gamblers, we are taking the risk of losing the money, especially since we know that in gambling, we will not always be able to win and make money. Those who want to borrow money from other people really have to think about what would happen if all their money was lost at the gambling table and they couldn't even return the money. They shouldn't borrow money from other people and wait until they have their own money before they gamble than to risk not being able to pay their money back. They can look for work first so they can make money that they can use to meet their daily needs and can also be used for gambling. It would be safer for them because at least if they lose, they lose their money and don't have to return the money to someone else.

Right mate this idea is completely wrong there are many gamblers who cannot gamble regularly due to lack of money and then they will be less inclined to gamble. In that case doing something like lending will make the person worse off. Who will guarantee it or who will get the loan back? Gambling depends on luck and never able to get money back if you lose. As the debt burden continues to increase as time goes by it is better to find a way to manage it rather than creating conflict between the two. Here the casualties will be less and there will be nothing of quarrels and disputes.

This is on point.

In gambling, it isn't really guaranteed to make a win everyday. There will really be times that you will have high, low, and no profit at all. With this, it's important for an aspiring businessman with loaning as business to think of ways on how to manage the risk of not being paid on time. There shoulf be some sort of collateral damage that could be taken if ever worse things happen. Although I'm not really in favor with this kind of business, but I guess to each his own. If you really want to pursue this, you must be open to every possibilities. You must have a back up plan to keep your business running and profiting.

Yeah I like your point because we are very much aware of the risk associated with lending money to people especially the gamblers whose most of them has a zero chance of repaying the money, so however after considering this risk what most lenders normally do is that they will make that money they intend to lend out to have a legal binding in such a way that the borrower will have to sign a writing documents that if he fails to repay when the time is due for payment they will necessarily have the right to cease there property or sell it if they fail to meet up with the time being given.

So the only way some kind of risk that's associated in lending will be reduced is doing it with a legal binding because with legal binding you could only spend a little money but the law will make sure your assets is well secured because before they will release money to any borrower the borrowers most provides a collateral that if he fails to fulfill his agreement they will take over his property.

And some gamblers come because of the encouragement of their poor financial situation, are you saying that people who don't have money won't gamble? No my friend, in fact lately I have seen many who come and get involved in gambling because of the encouragement of their poor situation and their goal is to earn, they think that gambling is a place that can provide them with income, and also besides that like you said even though they don't have money but it's not the end of the world, they will not run out of ways and one of the alternatives they usually take is borrowing money from anyone who they think can provide a loan.

They think that borrowing is the best alternative they can take when unconsciously it is the beginning of a much worse end. Over time it will become a cycle of borrowing that will never end, playing and losing and borrowing again with the intention of returning the defeat the previous time as well as to pay off the previous debt, just keep going like that indefinitely, and they will really realize when the debt is as high as a mountain and gives them enormous pressure from the situation, so if you don't want to get into debt like them as a result of gambling then the only way is to lower your expectations of winning and don't overdo it.

Let me say you are scattering points altogether, and for clarification, I believe what @rachael9385 says, that anyone who is avoiding gambling but loaning gamblers his money is also gambling. This is not a direct definition of gambling, but technically, such a person is gambling as the gamblers who could deem it feet to use the amount that is not advisable to gamble for the purpose may not pay back the money.

To access a loan for gambling is just out of sense and the person engaging in such an act is irresponsible. Now tell me, how would irresponsible people pay their loans? They will prepare to gamble more with it. Fine, some would pay it but I can assure you that the percentage will be little compared to those who accessed the loan. This is dangerous, and to make matters worse, the loaner still didn't plan collaterals as a condition to get the loan, this is unwise. No matter what makes you think that he has other means to collect the money, the defaulter will be many, and loan default is not a crime under the law, again, the table is still not in your favour here. You can also see this with many desperate loan companies that do not collect collateral, there are enough defaulters, which is why I can't ever engage in such a thing. It might be smart to give gamblers loans by investing in their weakness but it's bad for businesses not to have something to make them accountable for the loan taken.

But if someone is ready to provide collateral for a loan that is supposed to be risked in gambling, what kind of collateral are you talking about? If it is in cryptocurrency only, most cryptocurrencies could be used on many web casinos anyway.

I have also got another question for you regarding morals: what would you do if someone hands over his wedding ring to you as collateral? Let's assume the value is known. Would you take it and lend that person money to keep gambling? Where would your moral limits be when you already provide a business that only people in deep trouble would attend?

Yeah, I think in those cases,  the collateral is the main aim of the lender because they already know how hard it is to win in gambling and at that will already know that it is almost near impossible to get the loan money back since the gamblers will have suffered a lose from the games,  and will not be able to make repayment of the loan so for sure the lender will have only the collateral as the only available means of getting their repayments back.

Sometimes,  most of those gamblers are already addicted and at that will use even their house or other landed properties as collateral and If they fail to make repayments for the loans,  they automatically forfeit their properties,  so for much as it is given as loans,  it somehow an unknown trap for the gambler to lose something bigger because no lender in their right senses will loan money to a gambler to gamble with without having collateral.

Basically this has become a cycle that will continue to run if the gambler cannot be firm with himself to stop or at least just reduce his gambling activities. There will be no end to gambling involvement because someone who is already addicted will always have a way or even explore many ways just to realize their desires and curiosity about gambling, as you discussed here they are willing to pledge their professional assets or homes just to realize their gambling desires.

So when your hopes and expectations are getting higher and higher in terms of the end result that can make you smile then don't be surprised if people are even willing to do stupid things like that, so it might be very difficult if we just tell them not to be too much because they won't listen to some advice from others and they only focus on their own beliefs. So it's probably too late if you're already in that position, not least because you started with the wrong approach and understanding, simply put "when you lose you get curious and when you win you get addicted" that's gambling.

What an interesting business idea! A disciplined and responsible gambler who is willing to make money from reckless and weak gamblers who obviously need help. I believe the OP is disciplined and responsible as he said and also knows the implications of lending money to gamblers, especially those who are battling with addiction.

While I see those who borrow as irresponsible gamblers, It is even more irresponsible for anyone  to try to make money from people at their vulnerable state. No gambler who knows what he is doing will take loans to gamble, those who would want to get loans to gamble with have gambling problem and can do anything to make sure they gamble. These people are addicted, giving them loans to gamble will  cause them more harm.Aside that, the chances of recovering the loan and interest from them is very slim. No matter the collateral involved,  majority of these gamblers who would want to access these loan would not be able to pay back if they are not lucky enough to win.

Properties are sold for the purpose to settle debts owed by a gambler or to raise money to gamble. There's nothing hidden again because we've seen numerous cases were gamblers are considered too discreet about their activities and will only yell out when they're on the verge of losing heavily half of or all of their assets. It's consider too late for most gamblers in the system because they're already categorized as addicted gamblers and they're facing their own challenges in the system. It's a normal thing, everyone have what they are bother about and I don't think we should disturb anyone if they don't feel like telling us their problems.

The first point of battle is battle against one's self and this could possibly be the most toughest battle even though the gambler is willing to quit it has to do with a lot of effort and wellness from the gambler himself to be able to defeat that tendency,  first, one need to have an effective approach to this and in doing that also you have to be convincingly ready to quit the addictions or act.

I can't imagine myself,  quitting active gambling and then embracing the gambling business even if I have all the experience in the world to work with,  many times our experiences may be based on the wrong approach and going with such a mentality will only lead to more devastating outcomes.

I don't understand why a person will lend a known gambler without providing a source of income?

Those lenders must be crazy if in fact that they're going to lend people money without the valid proof that they can pay it and if they're going to tell that they'll use it for gambling. That's a wrong thing to do.

But you're right, that if a lender provides loan money to that gambler. It is not guaranteed that he'd win with that money and will just make the situation worse.

If people can think about how they can make money and it's not from gambling but from creating a business or even investing, they will see that they have more of a chance of making money from that than from gambling. They must at least stop gambling first to start investing and the good news is that they can use crypto casinos to start investing because now there are crypto casinos that provide investment features to them. For that reason, those who want to lend money to gamblers should not do it because the business might run poorly. If they use online casinos, they might run away because they cannot repay the loan money. And even if they want to lend it to offline gamblers, it's also best not to do so because they need to know whether they can get collateral that matches the money borrowed.

Usually these two things are being look upon by a lender before money is disburse.

1- source of income (to determine the capacity to pay)
2- Collateral ( in case borrower will mess up)

So there's still a level of security favorable to the lender, they are in the business like this, so we can expect that they know what they are doing. Further, there are other lenders who offers huge interest, and your life is your collateral because if you fail to pay as promise, you know what to expect.

I don't think so. That's a wrong assumption of how lending works. They let other people borrow money from them because they know they can make a profit from it. Either it's from the collateral or from the interest they will make especially if a borrower cannot pay on time which will make the interest increase on however it was discussed in the contract.
Not all lenders are gamblers just because they let a gambler borrow money. There's a possibility that they are just taking advantage of them because they know they can easily pay when they win or they will borrow more until the interest climbs up. Lending is a business about making more money in an easy way but the high risk is there because of the chances that borrowers won't pay which is why collaterals are needed.
Well, as long as the value of the collateral is enough to equal the loaned amount then it's going to be okay. But I doubt they are gamblers because they are already in a high-risk business so why waste money in gambling if you know you can make more by just continuing the business?

What are the ways we can invest in gambling or quite gambling? Gambling is all about individuals effort to bet on a particular games with the goal of making profits from it. Sometimes even though we keep gambling for a long time, we might not still make profits from it. We could be making profits and loses at the same time which can not be categorized as profits after consistent estimation of how much we had lose and made from betting. It is good for us to defined how much we are making and how much we had lost so far from betting. This will help us to know what is happening to us and how to utilize a better means to make profits.

Investing in gambling means that you bet on someone else's game without gambling yourself, such as in Blackjack, you get the option to bet behind someone else, or you hire a gambler who is very good at gambling to gamble for you. You supply him with funds and give him a portion of the gambling winnings. Such thinking comes only when someone wants to use gambling as a source of income.  And if anyone wants to get fun from gambling, then to get real fun, you must gamble yourself.

If you do try to look at on what investment on which had been mentioned out on OP then it isnt literally speaking about that you do bet on someones game and the fact that it is never been considered to be an investment since you are really that literally making others do bet with your money which it is really that totally contradictory with those words and this is something that must really be able to point and realize out.
Going back on what OP pertains is on how about making some investment via lending out those gamblers on a casino with some money specially to those losing ones on which i dont see for it to be that
ideal because you are really that dealing with those losers. You cant really be even so sure that they would really be able to repay on the right time.

This is why it would be better that you should really be focusing that much into other ventures rather than this, but if you are someone who could really be able to bare up with the risks
then its your choice but for me, then i would simply skip on this one. Yes, its profitable but its not something ethical i should say because not all people would really be that
liking on taking advantage on someones pity situation on which they cant really just that accept it.

Yes you are right, fighting yourself is hard to do, even if it's not against other people but this is a tough thing for someone to quit gambling. Although it is hard to quit gambling, I think they should fight to be able to quit gambling that has harmed themselves, because if it is profitable I also choose not to quit. But the fact is that gambling in general only ruins a person's life, especially financially, a lot of money has been lost just because of gambling and this is certainly not a good thing, it is impossible for someone who has lost a lot of money to feel fine, maybe this applies to people who have limited money, unlike rich people who have a lot of money who are not reluctant to the amount of bets they play.

I myself was originally a gambler who could be said to be an addict because I often gambled at all times and also always forced myself to continue gambling because I was annoyed with the defeats that were always obtained, but now I gamble only with empty time or when I am bored with what I am doing, so I decided to gamble to try my luck, and when I get a defeat I am not upset anymore because I can guess with the end. So I also feel better because I have reduced my gambling activities, also this benefits me especially my finances which are now improving tips I can also control well. So I think immediately stop gambling and start to invest which is more obvious that it produces profits in the future.

I forgot about collaterals and yes, there will be lenders that will be fine on it as long as the collateral has a bigger value than the lent money.

Well, it's a win for them if the borrower will not be able to pay that loan and they'd just take the collateral and sell it for a bigger chunk. They have profits there already whether the borrower has a source of income or none.

Depends on your location but this can be dangerous, even your life might be at risk. You will require a good security team. Gamblers is such situations may lose control easily. Another concern is how are you planning to guarantee the collection of your loans? Collateral is one thing, but what if there's none? 

I think I put the two sentences in bold font that are most important here. No discussion is needed when we talk about people who excessively gamble and make bad decisions for their own lives and maybe for people who are with them as well, but those trying to make money off of it are reckless to say the least. Imagine you take 10k USD collateral in whatever assets the person has left before coming to you to get a loan for gambling, with very high interest charged of course! The 10k USD are gone and then the guy admits that this were the savings for the academic education of his daughter or son. No man, this is not a business I would like to be in.

Any gambler that loses all his bankroll and borrows more money to gamble again, needs to be saved. It doesn't matter, how long a day we gamble, the aim is to be able to stop, when tired. Isn't that gambling abuse to spend the whole day gambling, even when rewarded, the money is gambled until it runs out? Offering such a service to these types of addicted gambling can be profitable if the players pay back their owed money. Yet problematic if they turn out to be completely broke with no available collateral to give OP. Losing out the borrowed money right in front of the loan shark will be more annoying. And would cause more harm to the health of such gamblers. A more conducive idea, that would help gamblers to fight addiction, is by lending money to gamblers who are ready to pay the bankroll as collateral before using the loaned money to gamble. It doesn't sound like borrowing money right? yet it'll change the perspective of these gamblers, not to waste the money, since their brain has been positioned to think like they're indebted. Then after the money is exhausted the player won't be eligible to take more loans unless proven even to own a similar amount that he can deposit as collateral. Encouraging gamblers to fall deeper into addiction isn't great, and such services can be detrimental to both parties.

Offline casinos are also occupied with an enormous number of unique people, and not knowing the mental advancement of the gamblers can erupt in deception. Some will easily claim to offer collateral once they are done playing games. Sometimes the lender's rules can be jeopardized or manipulated. Working with the casino, is okay in determining the trust rate of any gambler in the mood, according to their years of experience playing games in that same casino. The administrator or manager can easily inform Op of the calibers of people who are eligible for loans. New faces won't be allowed the chance to take loans. Thereby limiting the exposure of this service to newbies and compulsive gamblers. Because of its risk, the loan receiver can decide to sue the casino. Claiming he was addicted or was drunk when he accepted to benefit from the loan. Approaching any random gambler you see in the casino, could be embarrassing if the casino management isn't properly informed before running the business in their casino. Hence, make it official and regulate the type of gamblers to lend money to, depending on how much the gambler has spent in the casino. Or he set a standard that any gambler who hasn't passed a specific threshold in gambling won't be eligible.

Gambling is fun when I win money, but it's very sad when I lose money. Sometimes I want to choose gambling as a source of income when I have a lot of profit from gambling. And I think about it when I lose a few times. I won't waste money on gambling anymore.I have thought these words many times but I can't stay away from gambling. So am I addicted to gambling?  Before this I suffered several big losses and abstained from gambling for a while.  But now I gamble almost every day. I find free time to gamble. I enjoy gambling so much that I find it very difficult to quit gambling.

Even though gambling is used as fun, when one wins gambling, he becomes financially strong and the greed of money makes him continue to gamble. That's how a person gets addicted to gambling but when he loses gambling he realizes and decides to quit gambling like it happened to you too. Again like the op many people think that investing in gamblers without gambling will give you good profit is also a wrong decision because inviting to gambling and investing in gamblers are both high risk and neither will ever guarantee you winning. So one should never gamble for a long time or use gambling as a source of income

This is the craziest and most insane way of investing in gambling, this was clearly not what I had in mind to see when I saw the subject of the thread. Do you realize that you not only supporting gambling addiction, which is absolutely immoral and wrong, but you're also taking advantage of people who are helpless. This isn't investing in gambling at all.

And then again, do you think gamblers would come to gambling halls will collaterals just incase they loose all their money and then wish to continue playing? Or your big plan is to follow them to their houses to sort for collaterals and then lend them money? This your investment plan is solo lame if you ask me.

That's the worst thing to do. Firstly, you are lending gamblers who have already lost their money.
Secondly, there's no assurance of getting the money back because some people might just not care to give the money back.

In my opinion the business you want to start is a very risky business. I do not see such risky business acceptable at all. I think you are inviting a man to gamble with this business and making him more addicted to gambling. If a man gets drunk he will blame you for the rest of his life and you will be his life wrecker according to the law. Decide to do business well and you will be well and so will the honorable people here. Such business should not be done to ruin someone's life.

Indeed, gambling is fun, especially if we manage to win some money from gambling games. But many of us experience losses from gambling and even lose all our money because we cannot control ourselves well while gambling. He really should reduce his gambling activities and will not gamble excessively. Maybe he could choose to invest in gambling but not by lending his money to other gamblers. That is not a good solution because we will still lose money if the person loses. And it is true that we should gamble alone because we can be responsible while gambling. We can also limit our gambling activities so that we don't lose a lot.

When you win $100 in gambling and still continue to gamble then gambling will take away double your winnings from you and you will give it away willingly because gambling will make you so addicted to it that you will not be able to stop betting there and bigger. Don't hesitate to place big bets in the hope of winning something. Thus one time you will see that you have a big capital loss. Hence the desire to earn income from gambling can never be brought about, it must only be enjoyed or loss is certain

Investing in someone else's game isn't called investing but it's called gambling because whether it's you who is playing or someone else, as long as the outcome is based on luck and your investment has a very high chance of getting liquidated, it's a gamble. An investment means that you invest some money into something in the hope of some return on top of it but if you are betting on someone who is gambling and playing a luck-based game, you are gambling with the money.

Back in the day, when there weren't a lot of cryptocurrency casinos in the industry, the existing cryptocurrency casinos used to accept investments in their bankroll in return for some percentage of the total profit, but nowadays, casinos don't offer such things, one reason might be that casinos used to need funds, another reason can be that more people were interested in that.

I think $100 is still small to have a feeling of quitting at a betting ground although depending on how much a gambler you are staking. If what you are winning per stake is $100 then it is just a game for winning $100 and there won't necessarily be need to quit but if you are playing like 10 games before winning up to $100 then you have played as much as either 10 games or lesser , so you can quit if you want but playing only one single game and win $100 then quitting doesn't show you want to risk anything. In gambling you have to take a risk and it is that risk that can make you win higher .

Well, it's not that the game takes away your $1000 , but rather the same Adrenaline that makes the emotions play the game and not us as players. That's what we basically have to control, but it's difficult, especially the impulses they give us. Well, based on this, we have to do everything possible so that we can have the best Experience and win, but the fact of continuing to play when we have a big win is the mistake we make as players, because we should not do it , The best thing is to withdraw with the money, it is the most advisable, because those emotions mean that we cannot have clarity, because that is where greed opens up, we no longer want to make those 1000 but rather take them to $10k, in those things we do not We can do nothing, because they are already very big objectives and when it comes to money in a casino, we cannot forget the house advantage, which is something that will always influence.

Of course we have many things we can do , players sometimes when they are in a casino because they forget the value of money, they only care about Playing and winning, but nothing but that, for this reason when we are in a game of casino , what we Must do is Always focus on one Objective , that if the money that we are willing to lose is lost, not to insist anymore, because then everything can be lost at all, both what he won and what the player Could put in. .

These things that appear in this case are very common for most players, because in part, things have to happen as they are, sometimes players do not have enough certainty of what they can do, and among these things you can generate more cases like these , how many Times have we seen Which player is who has mortgaged the house for the game , but because at some point they become addicted, so the casino, the games are not for everyone.

The big question in my head is,  why should we call those who operate a gambling as business under the same name and image as those who gamble,  I think having a casino is more of an investment and business which requires some level of professionalism which give some form of guarantee in the long run,  but in gambling,  gamblers have the highest risk to bear and for that they have to rely heavily on the luck factor since it all about uncertainty for them.

So for sure,  it's more less risky and profitable to have a gambling site that operates rightly,  than to be a gambler in the casino since being a gambler you are only a visitor to the casino and there just to have fun and the casino system is designed to favour the house,  so in that case,  the gambler is always at disadvantage while the casino operators is always at advantage.

The system will always favour the house and that is why the casino is always in a profit. Even if they are paying out a jackpot, the cumulative wins are less then the losses and hence more wins for the casino in total.

Which again proves my point that in order to profit from gambling you have to be the casino and not play against it. Invest in the casino's bankroll if that is an option, or if you are looking for a job, get one on the casino that fits your resume. It can be a professionally correct choice and enough to get meals everyday just like an office.

For casino owners, they call it a long-term investment and a business where the casino can provide profits for them and continue to make a lot of money. But for gamblers, casinos are a place to gamble and you must use enough money. Otherwise, they will only lose a lot of money without being able to recover their losses. And it's true that gamblers also need luck to win so they can't expect the wins to come more often.

And we know that making a casino a source of investment requires a lot of money, so only people with a lot of money can make a casino. Meanwhile, gamblers can only depend on their luck to win money. If gamblers win a lot of money, they should also think about creating their own casino so that they don't need to gamble anymore but only need to calculate the amount of income that will go into their wallets. It will be more feasible for those gamblers so that they can stop gambling and will not have a gambling addiction anymore.