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You were experimenting with sports betting and found yourself profitable with your strategy. However, you can’t raise a bigger bankroll to generate larger profits. Then there’s this one guy who believes in you and is willing to lend you money, of course, with interest, almost like a loan shark rate. The question is, would you see this as an opportunity or just a trap?

There is no winning strategy in gambling, every strategy is subjective to the reality of the game and at that things can change it n whatever time, so don't get confused with those little winnings you hard a few times.
Borrowing to gamble with is a red flag, unless you have other means to pay back the loan if and when you lose the money, and become bankrupt.
My answer to this is NO

It's just a trap my friend judging from experience. There was a time it seems I was getting it clear in spots betting.  I had to share my winning screenshot to my brother and one of my friend. My brother became interested and sent me money to play alongside when am playing mine. I dont know how I  start losing after that money get to me.

To cut the story short, taking money from people will leave you with over confidence and you may start to lose your bet. Also, because you now have a bigger bankroll to play with, you may decide to change the strategy you use when you were winning.

A trap.
It's never a good idea to gamble with other's money. And with this, if this money is going to serve as a loan, I'll just use my spare money and get a smaller profits than having to stress myself paying out the interest if things didn't go as expected. I don't think that person believes on me because if I win, he'd win. But if I lose, I only lose? That's not a good situation to get in. Don't be blinded by the larger bankroll that we have, the larger profits that we'll get.

I do not believe anyone can see a means to make money from gambling and betting to the extent he sees it as an opportunity which is the profitable strategy that you mean.

Also anyone in such situation should see it as a trap. I do not think anyone will want to borrow someone money to gamble.

I’ll take it as a trap, because first it’s not advisable to take loan to bet - if indeed your strategy is good then you should be able to use it to raise your little money into a larger amount and then continue with your strategy to increase it further more.

If anyone should take this offer they’ll most likely just fall into debt that they won’t be able to pay back easily - no strategy, no matter how tight it may look is 100% loss proof  - you taking that loan and gambling it would be the biggest mistake you could ever make.

Of course they'll be no going back when I'm feeling that combo, though 50/50 opportunities requires close examination before giving it a shot, the aid is intriguing. However, it gets to be a trap for being a loan, in the sense that the previous winner may be in a hot soup if his prediction fails and as well has no extra funds to pay back. But in that mode, it'll be hard to ignore or refuse such a golden assistance

There is no certainty with gambling. If you win today, that won’t guarantee that you will be winning the rest of the week or the rest of the month. Same like, your strategy may work today but we don’t hold the assurance if it’s still going to work in the next days or weeks. That’s how unpredictable gambling is, that’s why if you take risk in taking a loan, think of it multiple times. You might even drain your whole account before you will hit a big win in gambling.

If the "strategy" is so good build slow and get to the big bankroll. There's nothing that says you can't start small. The issue with borrowing is what if the strategy fails and you now owe an amount you can't pay? Is it really worth the risk?

What do you mean "NO"? Honestly, it's a trap. If you lose your whole bankroll you won't be able to pay them. The worst thing is, like in some movies, lenders have the power to threaten your life.
I never had the experience of lending just to increase my bankroll or use it to gamble. For me, that's a bad decision because those lenders who offer loans for gambling have high interest rates. They will only make you sink and won't be able to pay in the future unless you are consistently lucky to win on sports betting.
But still, it's risky to take a loan for gambling.

I would definitely see it as a trap. It also makes no sense that a person who is making a profit from sports betting needs to take out a loan or ask other people for money so he can make more money. He can simply reinvest the profits. For example, if a guy has a bankroll of $10 and bets on games with odds of @2.00 and puts $1 on each game,

that means he will make a profit of $1 on each bet. He just needs to bet on 10 games and have 10 wins for his bankroll to go up to $20. Then he can increase it to $2 on each bet and he will have a profit of $2 per bet. In less than 3 months, the person's bankroll will be very large without needing a loan.

That is the NO in my statement, meaning it a red flag to take loan to gamble with, since there is a tendency you gonna lose the money and won't be able to pay back such loans, it a way to get ops indebted and possibly have to give up some collateral items if the matter goes hea ways, sport betting and blackjack can give such low income bets success but when the stake increases so the risk also.

Trap, as well... traps.

Just ask him, sell your house, cars and other and use thats. If you feels the strategy are work, remember..... if someone having a ways to get rich they will use it by them self not gonna to ask other people to joins.

That's the moto of my life, in investment or other are involved about money.

I do not think the person should take any type of loan, even it is interest free loan, unless you have a good way to repay the loan without facing any problems (I mean if you don't have any other way except winning in the game to repay the loan). If the users take a loan by thinking it will be easy to repay the loan and take profit by winning on gambling, as it is a real winning game, then that will be considered a trap, as the person can lose, and then it will be a miserable life for the gambler.

This is so true mate. And when you have a larger bankroll, you tend to have lose control of your betting amount, until you’ll be  surprised that there’s no funds left anymore on your wallet because you are too confident to win, when in fact there’s no fixed winning outcome in gambling.

This is clearly a big trap. If you bite it, you’re done and end up in regrets, but if you gamble on a small amount, there’s still chances to increase your money and when that winning streak continues, you’ll end up piling a good amount that you can consider your gambling profits.

I think I will not take the loan. The possibility to win is high. But what if I lose? Sports betting is always winning or losing. The possibility of winning is always there but so is the possibility of losing regardless of the odds. Everybody knows this. Everybody knows upsets do happen. It is not impossible for a heavy favorite to lose even if it surprises everybody.

Getting the loan is just an unnecessary burden for me if I lose. I will be paying for something with high interest without anything I got or purchased in return .

First of all, let's be sincere with ourselves, there is no sure strategy in gambling, whether it's sports betting, or slot, or casino games, there are no sure strategies that can guarantee constant or consistent profit with a good level of guarantee.

So as long as the above remain true, I will see such an opportunity as a trap and won't go into such a transaction, being someone who have taken a loan, invested it and lost the money, and had to figure out a way to pay back the money, I perfectly understand the stress that such could cause a person, so I won't make that mistake of taking a loan to invest in a strategy that has to do with gambling, when I understand that even with strategies, one still depend on luck to win, except of the strategy is one that involves hacking the casino's database or game algorithm, this is the only strategy I believe that will guarantee profit, but only if the gambler is not caught in the process.

With such conditions and being too confident with the strategy, and I think you have become your friend's target to be exploited for profit, because by borrowing your friend's money, your friend will get income from the interest on the loan you borrowed in addition to the principal. Lol this case really worked and their target is gambling addicts because they know that addicts only need money to gamble and that is their target, even without them realizing your friend will also take advantage of such a situation. And after failing to pay their debts, the borrower's belongings will be their target which will be used as collateral or as a substitute for debt and interest and this is what is called in the end you will lose everything and make it poverty or have nothing left. So think carefully and intelligently before making a decision, especially recognizing your gambling activities, because it can help you in making decisions if someone offers you a loan or takes a loan from you.

Every thing you have said is correct, and though you didn't tell us whether or not you personally will take the loan or see it as a trap, but then, from what you said, I can already guess what your answer to this question would be..

It's definitely a trap indeed, though it's not wrong to take a loan from a friend if what that friend really does for a living it to give out loans, but then, when taking a loan, it should be for something very serious, and if what the money will be used for is business or investment, that business or investment must have a 100% guarantee that capital will be gotten back, and there will be good profit too, because it's from the profit made that we can be able to pay the interest that came with the loan.

On no account should anyone borrow money to gamble, whether there is a strategy to pay the money back or not, it's always better to gamble with one's own money.

It is a big trap my friend, you might just be lucky and be enjoying the winning streak while it lasts and as soon as you collect the money, you may enjoy winning for a while before loosing sets in. You may drain the funds and get into a terrible debt.

Borrowing money for gambling purposes is a big NO from me. I can tell you for sure that you strategy is not to be trusted and in a twinkle of an eye it might fail you and you feel the brunt of gambling. Then your frustration would be larger since you are not only dealing with your lost funds, rather an additional loan with high interest on your neck.

No, I would be sticking with my own ways and with my own fund. Stick with your own money and you wont be having any problems if ever that gambling will turn upside down against you. We should be putting up into our minds that there's no such thing about 100% winning rate on gambling or betting on which means that there would be that time that you would be getting busted up. There are those times or moments that you do become that confident with your winning rate on which the time comes that this is where you would be planning out to make some adjustments with your base bet and this is where things starts to get messy.

If you are planning to take up some plans on getting up some loans then its better to skip out with this idea. You are just that putting up yourself into some potential problems if things turned out to be salty when it comes to results or outcomes. Nothing beats out if you do just that simply lose your own money rather than on losing the money that you had borrowed.

Options
- Go and take a normal loan from a bank
- play for a while and get your profits reinvested in the "scheme"
- test it with a few of your buddies, keeping a low profile and moving smaller sums will be beneficial long-term
Bottom line, if the profit from the betting isn't enough to put aside some money then with the larger sum with won't be enough for you to pay loan sharks' interest either.

Of course, all this ignores the fact that there isn't such a scheme!

Yes, it's a trap, because in my area there have been several cases like that, although the cases that occurred were not from friends themselves, but they did exist. However, from borrowers, especially loan sharks. Because they know that gambling is not a place for borrowed money to grow, if that happens to the wrong gambler and will be targeted by borrowers so that their money can grow.

And indeed borrowing money for business or investment can be the right solution if done wisely and really understand the risks, and besides that the business and investment that you want to do must be well planned and have a strategy to generate profits and have the ability to pay installments and interest that must be paid according to the agreement. And most importantly, have other income outside the business or investment that is run so that you can back up to pay installments and interest because to get profit from a business or investment will take a long time and must be really thought about and planned carefully in advance so that everything runs well and is directed.

So if we borrow money just to gamble, it is not a good solution and will actually be a disaster and it is better to gamble with your own money and according to your ability without having to force it and whatever the reason because the victory that occurs in gambling is purely a factor of luck not because of strategy and if there is a precise strategy and all gamblers know the strategy then many bookies will go bankrupt.

Not seeing it as an opportunity but a trap because in this gambling it is not certain that victory will be long-term or become a big profit, right?

Moreover, this scenario is very contrary to what I think, where even if for example a friend offers a loan, especially with high interest, then of course this is a heavy trap, maybe this strategy according to you will be profitable in betting but keep in mind losing in gambling can be anytime because it is a matter of luck, not all of your strategies will be right.

If you accept the offer, I believe it's an early trap that can be financially devastating. We will be more comfortable and calm when betting using our own budget even though the profit is not too big but at least we are not burdened with loans from others. We all know gambling does not guarantee a win and even in sports betting bad surprises can happen and we are not in control of the outcome of the game.

huusshh, hold up, wait a minute... Trappppppp in the European accent!! Do not take loans unless it's for a business that would generate quick returns.

You don't wanna get your ass fished out and harassed by the law enforcement for being too stupid and delusional over a casino odd that you thought was goin play out? Don't do that to yourself.

Not having enough at that period to stake on the said games should be a sign of it not working out both ways. Even though it may (and most times play out, which can make your decisions more grounded next time), you still don't need to get indebted. And btw, how long is this strategy of yours going to last?

In the first place, is there even a sports betting strategy that guarantees you profit? There's most likely none, so I think I'll pass on the loan offer. Thanks but no thanks. I guess I'd rather continue with the strategy using my own money. Should it go awry anytime, there's nobody else to blame but myself. And there's no further monetary damage other than my own.

It's a trap, of course. But if it isn't, then why hurry? It's a winning strategy anyway. You'll make money everyday for the rest of your life.

Yes, it is clearly a trap and if you swallow it, it becomes a high risk for you, indeed sometimes the strategy we make can bring us to win a bet, but can you guarantee that the strategy will always be useful in the next bet, it is highly discouraged to place bets with borrowed money because if you lose, it will be a double loss for you, I mean after losing money in a bet, you also have to pay the loan, so by taking the loan, you have made the risk even higher in the game.

I would say NO as well like most of the people said here.

What I believe when it comes to gambling is that, you can be profitable today, but tomorrow, you might not, and borrowing money to other people especially with a "loan shark rate" would just add to the risk that you already have. Risking your OWN money is always better than risking your own money PLUS the money of others hoping that you can make more money on gambling. If it's trading then I would have second thoughts, but if it's gambling, I would immediately decline it.

There's another scenario though which is the riskiest of them all. Take that loan, use that money since you're profitable already then if you made money from it, pay that loan and keep those profits. :D That could work IF you only believe that you will make money at least in the short term.

As long the given is not free, I think is a trap that will make the gambler to hate gambling in the future because it will be difficult for someone to use loan funds to gamble and be safe at the end of the gambling. Sport betting don't require huge amount of funds before you can win from your sports betting, why can't you use the little you have to try your luck in betting and see what will happen next, than to collect loan you will not recover from sports betting.

I don't see that as an opportunity or just a trap because I don't want to accept the offer. That can easily make me greedy to chase more winning, bigger than what I can get. Besides that, I can also lose control over myself and how I can repay the money if I lose?

I prefer to use my own money to playing gambling so I don't have to take the risk to pay the money. I can calm down myself and feel enough when I win and not chasing more winning. I know gambling can trick me easily so I need to be aware.

I am too worry with the interest of the lend money. So rather than I am in a hard situation, I prefer to play safe and enjoy my gambling activity.

Firstly , making profits in gambling isn't by our own doing but by luck. Ovwr confidence is not good when gambling because it will mislead you into betting more than the money that you can afford to lose and that will lead you to great losses. Secondly, don't borrow money to gamble, it's a sign of addiction. Whoever lends you such amount of money to gamble with will later be your enemy when you can't pay back.

I'd also view it as a trap because borrowing money, combined with gambling, is a one-way ticket to ruining your finances. That guy who believed in my strategy only wanted to profit by lending his money.

Just because the strategy worked for today, that doesn't mean you could get away with the same strategy in the future. Our luck can suddenly turn for the better or worse, and that's why i'd rather keep playing with my current bankroll than go big and possibly cause a bigger problem.

Definitely a trap. Don’t ever borrow money and use it for gambling. That’s definitely one of the worst ideas. If one is already making a profit with their strategy, then just stick to it and wait until you make it big. There’s no 100% win chance in gambling, no matter how good your run is, there will be a time when you’ll lose a bet. What if it happens that you lose a bet and the money you used is the one you borrowed? Then it’s like you borrowed a stone and hit yourself with it.

Famous last words. Once you start winning, you want to bet higher but you are not capable. So what do some people do? This is when they start borrowing money, selling things and etc. This line of thought becomes a problem later on.
Trap. Even if you sign papers. I am sure he would want to have some of my winnings (if i win) and not just pay what I owed him. The risk here is if I lose, how will I be able to pay him back? You never know what could happen if you play with fire like this. You might even put your whole life in danger.

This is something new to discuss. Are you talking about ideas about a winning strategy? Hmm... I was very amused by such confidence. This is not and cannot be. All this is just part of a scam of a player for money. If this does exist, then it is a temporary phenomenon and a person is led by the nose so that he brings a large sum of money to the casino, which he will leave there. Borrow money at interest? No, sorry, but I categorically do not support such an idea. From my own experience I can say that this will end badly. I can be 100% sure of this.

if anyone can one day discover a gambling strategy that actually “works”, they don't need to borrow from anyone, they don't need to give anyone a cut. if you even have a strategy that works and increases the principal by 1.01x, you never need to think about money again. sounds simple, but the basic problem is that there is no working strategy in gambling.

i don't even want to talk about borrowing money from someone. if you are so bad at gambling that you are in this situation, someone has to help you and make you stop gambling.


i am absolutely ignoring this opportunity.

There is no winning strategy, even an experienced punter would lose, and obviously when a peer see that someone is making money in gambling the greed appears and they come back asking for tips and tricks. and later if they win they will cherish or if they lose they will blame us and accuse.  

Even if you are to take a loan, it's better to find a loan at reasonable interest rate. It doesn't make sense to pay extra interest just because you need it fast and without any collateral, which is usually why people pay high interest. If the strategy is proven, better put a collateral and get a loan under normal circumstances.

Yeah, but I do think sometimes in sportsbetting you have the chance to earn. Like casinos are totally based on luck and not much you can do to influence the result. But, sports betting is based on real sports so there is some level of analysis you can do and beat the bookie. There are people who are banned from sportsbooks because they know how to beat the bookie. But if you know such tricks, still better to find a loan with regular interest rate.

Never take a loan for gambling no matter how confident you feel because you don't have control over the games that you play. If you are winning with small amounts and want to borrow to bet big, that is greediness, instead of borrowing it's better to use your wins to continue, so if you lose you'd know that it's your money, instead of putting yourself in dept. There's no realistic strategy in gambling, whatever skills that you have is not enough to give you wins, even when you have all the money to gamble with it's good to use small potions of it to gamble.

Using borrowed money for betting is a very risky idea. You're already taking risks, despite your strategy, even if it's profitable. And the borrowed money will multiply any of your losses so that it will be impossible to fix the situation. So I guess such an offer from a loan shark is a trap. It's not clear why the moneylender is doing this. After all, he is interested in paying back the debt with interest and cannot fail to understand that betting is a risky investment with any strategy. Although, there is too little information to assume anything...

Haha, that's a good one. I mean there is no profitable strategy that always work, especially not in sports because it works on a high house edge. So it would be a trap but I know many people would fall for it. Years ago, people used to take loans in the lending section for gambling and return 10-15% extra within a week. Most people end up defaulting because no strategy ever works in gambling.

Unless you know some trick like HufflePuff (PD hacker) it doesn't make sense to take a loan and test your "strategy". I think taking loans for gambling is already a disaster waiting to happen. I would never take a loan just for gambling, regardless of how confident I am. It's better to wait and earn some and then test your stuff.

Totally a trap and these loan sharks will be just that not giving those loans into every gambler but also into those who are that eligible or whom they do saw that it could be able to repay but since these are traps because they are that trying out to utilize that current condition at their advantage and this is where they would be offering those loans whenever they do see someone having that kind of problem and once they cant be able to repay then they can be able to ask for some exchange or collateral with their loan if they cant be able to repay. The only time that loans are worth is on the time that you would be applying it out on investment or business but making use it for gambling? that would be a very huge problem on this case. Gamble into the amount on which you can afford to lose and even if you do have that small amount of capital then you can be able to make it big if you are planning to compound those profits and since you have seen yourself that being profitable then go ahead with that plan. The most important thing on here is that you should be knowing about on the limit you do have because betting on sports isnt always giving out that 100% winning on which means that you should be wary about into that aspect. Never ever make yourself that being being impulsive and being that becoming delusional when you do gamble because once you do become that too greedy and not being contented on current capital you do have then you will be that trying out expand your capital via taking up some loans and assuming that you wont be able to achieve some loses along the way on which this is that a very bad idea to have in mind.

Absolutely a trap, never ever borrow money to gamble or for other reasons that are of lesser importance
in addition to important needs such as health.
I had a similar situation where things were going well and I made others earn some money, whoever wants to risk
with their own money I will gladly "help" them with some suggestions.
If it works out, good for them (I have never asked for anything in return)

A silly thing that I would never do is try to borrow money just for gambling because that's obviously an impulsive action for me because it makes it seem as if the risk of borrowing money and the risk of gambling doesn't exist so we try to leave it at stake by betting on something uncertain.

In comparison I would rather borrow to invest in bitcoin (although I don't do this either) but in the end it would be much more worth it than borrowing to gamble.
In this case it does not mean that we should not borrow money, it's just that we need to think about the goals we will take because if we only want to fulfill our desires in gambling by borrowing money for me it is not worth it even though there is a possibility that we will win but there is no guarantee about that even we know that the risk of losing will be much greater, so why force ourselves just to fulfill our desire to gamble.

Definitely, it's just a trap.

Because if you think about it, it's a win-win situation for the person who lends you money. Even if you lose, you still have to pay back the money you borrowed with interest, and even if you win, you have to pay back the money you borrowed with interest.

Here, the lender is doing business with you without taking any risk.
Never fall into this kind of trap because you surely know that gambling never depends on strategy or skill, it depends entirely on luck, so it is better not to put yourself in danger by falling into this kind of trap. And spend as much as you can afford to loss.

No matter how profitable my strategy seems to be in sports betting I would never think of taking a loan to bet because of the dangers involved especially when it's a loan that compounds. It's more of a trap than an opportunity. I can't really advise  anyone to take a loan to gamble because there's nothing that's guaranteed about it. If you end up losing the money it would become a double loss to you

It is clearly a trap, he just wants you to pay more money and will eat you up gradually, if you are unable to pay it then your valuables will be confiscated by the lender, a mindset that is easy to understand from your friend who lends money.

Because if he wants to help you and for you to grow, he does not need interest to pay back, but this situation is different, he has other goals, be careful.

I would avoid getting in debt in general, and that specially counts for gambling. Just weight out potential wins and problems that could arise if things don't go out as you planned. Potential losses could be much higher, specially if you borrow money from criminals

This violate the first rule of gambling which is never to gamble with what we cannot afford to lose. Borrowed funds is a money that cannot be lost since the interest will be compounding when the game is lost. So I will not accept borrowing money to gamble, i prefer growing my small capital until it becomes big as I'm not in any form of hurry to hit big money.

It's totally a big trap because gambling doesn't have any guarantee that said that when you gamble with huge amount of money that you would double it easily without losing. So as a good gambler that knows what gambling is all about wouldn't going to see it as an opportunity. because is better for you to stick with your strategy by managing your bankroll than for you to chase after big wins that you are not sure about the final outcome.

It's a trap. The interest rates will be the ones that will bury us in debt.

Let's just keep on using our own money so that we won't have any problems in the future. These loan sharks are for emergency purposes only. We can take loans from them when we need them the most, not for the purpose of our own bad habits.
I have made a loan once, and I know now that it is one of my regrets in my life. The interest rate is too high after calculating it. Thankfully, I paid it all quickly, and I won't do it ever again.

Why do you even need some guy who is ready to believe in you and lend you this money with interest? You could just as easily go to a bank or any moneylender and take out a loan. You don't need a guy like that, and if he truly believes in your success, and knows he can get a share of your winnings, then let him give you the money without any interest so the debt pressure does not weigh on you. So you do not have to worry about paying interest no matter what the result is. Make a deal with this guy that he will get a third of the total profit. If he believes in you that much, I think this would be a fair condition. A bank would probably charge no less interest anyway.

I have seen someone that is using small amount of money to gamble before, the person was winning until he borrowed money from his mother and he started to lose big and he lost all the money. I have seen someone that also told me this before that as he was using small amount of money to gamble, that he was winning until that made him increased the amount he was using to bet thinking he will continue to win than lose but the loss started. This is what that will likely happen to the person

Will it be profitable forever? will your strategy continue to work? do you want to get rich with other people money in betting? I say it's a trap and what's the point of betting with borrowed money. you have to think about the consequences because if you fail your life will be ruined. It's better to place bets as entertainment and bet according to your ability, simple and this is more important.

Stopix you have to take note that the ops is talking about gambling and not investments or anything close to guarantee profits merging even on smal amount, so sport betting is somewhat much more risky than you think and you should take into account aot factor that may limits your possibility of making a steady winnings, somewhat we need to be more accurate and points out the risk more since loan is considered as the source of funding.

I would never EVER borrow money to gamble no matter how profitable strategy I might have discovered and as been mentioned before, it's better to keep building your bankroll with your 'strategy' than to borrow.

There is this story I would like to share, as I think it's relevant.

There was this friend of my irl acquaintance, crypto market was in up trend, he was making good money from it, in trying to make more money in short time he borrowed money from loan sharks, and guess what? Market busted, he lost all money he had, couldn't repay the loan, loan sharks knocked on his door and he had to fly away the country.

I wouldn’t say it’s an opportunity neither will I call it a trap since, the lender still wishes to get their money back and the gambling casino didn’t advice you to take loans for gambling nor did they allow you to win just to motivate you to increase your bankroll. You just won because luck found you and you should know that, you can’t get lucky just anytime you decide. That should be enough to tell you what could likely be the case when you gamble with money that isn’t yours and in any eventuality that you lose, you definitely have to find other means to pay. In essence, be wise in your decision making.

No, I would prefer not to borrow. There are many times when people will lend you money without interest, but I don't think it's worth risking people's trust by spending money on something that seems real only in the project. I would agree to small but regular victories so as not to be indebted to anyone and not to lose the trust of others. I understand very well that the degree of greed always increases the degree of risk.

As much as possible on which i dont want to take up some loan or borrowing up money on something even if im shortage of money on something important but there are some exemptions to this.
If you are that not wanting to face up some problems later on then its better to avoid but if you are capable on repaying up that loan then it wont be an issue but if you are someone that who isnt that wanting to repay at the first place then that will be a problem. For a gambling scenario such as this then it is indeed a trap because once you are at loss then you are that being that impulsive and being emotional on which at the time comes then it will be that becoming that even more problem if you are just that not mindful at the moment that you are doing something. Gambling on what you can afford to lose and never having that kind of consideration on taking up even more step like getting a loan.

You put yourself at risk if you will gamble with borrowed money. You will be more desperate to win since you need to pay that loan shark and if things go wrong, you might end up selling what you don't want to sell. It will cause you a lot of stress if you will not able to pay.

If I really have a profitable strategy in gambling, I will just be contented with my small bankroll then just do my betting consistently. Then I will reinvest my profit to add into my capital. Eventually, my bankroll will grow as well as my profit.

If i have been profitable with my little bankroll and the strategy is really working for me of course I wouldn't take any kind of offer or loan to keep the bigger profit coming instead I will follow the strategy to a good extent and gather the profit and use it to re-stake if that's so important to me, with this I can beat the uncertainty and unforeseen circumstances that might arise if I had the loan.

Taking loan to gamble will be one big mistake anyone will ever make because it's definitely going to ruin you into debts because one single mistake can ruin everything and you begin to desperately fight to win and repay the loan and it could even lead to addiction.

No, I won't go that way. There's always the "What if?" it loses question and I am afraid to see the results of it because I used money that isn't mine. It will be better to just forget about those loan sharks even with your good results in sports betting. Just save money and do it yourself, there's no need to put more risk when you are already playing a risky game.

You should never borrow money to gamble. It does not matter where you get this money or from whom. And no matter how much someone believes in you or not borrowed money for gambling is a bad idea. There is no need to continue the conversation after this point. The same goes for trading with borrowed money. If you do not have a system that works consistently and generates profit credit is always a bad decision. In gambling I do not know a single strategy that could guarantee you stable income. So forget about it forever.

Gaining with a loan amount is a big red flag. 10 out of 10 problem gamblers said they were affected cause they borrowed money for gambling and failed to repay that amount. This is because they fall into an unpleasant situation when they take a loan, most often they lose seed money cause over time it is impossible to recover your money when you play under pressure, and when you take gambling as your main income source, you must have to play under pressure. On the other hand, debt increases over time, so your main target turned into surviving debt, not winning. So smart wagerer should be betting only a fixed percentage, usually 1-5% per bet & scaling up sustainably based on profits earned, not borrowed capital.

It's a trap I tell you, gambling is most times a game of luck as I see it, so what happens when you run out of luck at the exact time you bet with the money your friend borrowed you? One thing I will never do is to borrow money from anyone for betting, it's easier to use your personal money for betting and losing it then for me to lend money from a friend and lose it because I'd have a panic attack if I lose someone else's money. Lol

You mentioned experimenting, so it's just a stroke of luck that may shift anytime you are betting. If I do not have the means to pay the loan, then it's better not to take it. You are breaking one of the cardinal rules of gambling, and that is never to take a loan just to bet, so I consider this a trap.
I prefer to be on the safe side; it's a 50/50 chance, but if the odds are not in my favor, I will regret it for a long time. I should be enjoying the game, and I end up regretting.

It would have been great if

1. There is no interest on the money, if truly he believes in me then he or she is a friend.

2. You aren't planning to risk the money on gambling, maybe on a business or investment is better.

This is gambling, I will probably not take the money because I know how easy it will be to lose the who amount all because I want to win a bigger amount, my answer will be no, using money that's not yours to gamble is very bad and the higher the money is the bigger your problem will be when you lose it.

I will turn the offer down in an instant.

It could be a trap, but what if you succeed in making a profit? Of course the profit is greater than the previous profits because we usually only bet small.
However, this will not make me accept this offer, not because I feel this is a trap but because I see a very big risk, we not only have to pay high interest but also lose money because sports betting is not a certainty of making a profit even though the previous results can be said to be good.
Always remember to use money that we can afford to lose.

No matter what the circumstances are and no matter what situation you're in, never ever take a loan purposely for gambling. That's always a bad idea and you will end up in a bad situation 90% of the time.
In this scenario, If that person really believes in my gambling ability, I would rather not going to take that money as a loan, I'd negotiate him to fund my gambling activity instead, so I won't held accountable for the money lost.
If that won't work, then I'd rather stay with the bankroll I can afford.

Gambling is unpredictable, and because a particular strategy worked for you today, it doesn't mean there is a guarantee it will still work tomorrow. No one is an expert in gambling, and if you think you can win all the time, it is just a trap.

No matter the experience or the strategy you have in gambling, never think you can always get it right all the time. If you believe you have a better strategy and more experience in gambling, stick to the amount you can afford to lose and adhere to your limits. Allowing overconfidence to control you in gambling is very risky because it will only lead to losing a significant amount of money.

Of course it's a trap. To see this as an opportunity is craziness. It's the recipe for disaster. The loan shark has nothing to lose, as he will want to receive his money back with interest despite the gamblers losing or winning the bet. And in case the gambler lacks the money to repay the loan later, the loan shark is going to threat him, his family or get his patrimony through collateral.

Loans are for businesses, investments, entrepreneurships. All these categories involve risks, but it's a calculated and managable one, totally different from the randomness and long term disadvantage imposed by gambling games.

If you don't have anything important to do with money don't take a loan, it's not something that I would advice you to do... personally I don't know if gambling is Always jinxed when you put in a borrowed money lol, I'm I the only that has noticed that? The risk of borrowing money to gamble is really high especially if it's a loan you pay back with interest..you are not supposed to gamble with money that doesn't belong to you, technically borrowed monies are not yours

Gambling is jinxed so far the person is thinking he can make money from it. Even if the person uses his own money for it, as long as he has that bad mindset, the person will always use high amount of money to gamble and lose regardless of using his own money or borrowed money. If the person still lose his own money, it is not good but better than someone that lose borrowed money due to gambling.

Gambling with a loan is like getting a loan for refreshments.... Who's going to pay back? With the high level of interest rates and conditions, who in their right state of mind would ever think getting a loan to gamble is a good idea?

Isn't that exactly the opposite of what we've been preaching in here for years now?? Don't gamble with what you cannot afford to lose, yet getting a loan to gamble somehow isn't part of that scheme.

And the truth is, we don't always hear about it until it gets on their neck and gives a them a tighter grip than they ever expected. I can't imagine going on the run from these ferocious loan sharks. If 10 out of 10 to people got the same outcome from trying on one particular thing, what makes the rest feel like they can maneuver?

That is why it is difficult to pursue maximum profit in betting and I never believe this can be done consistently. There is almost no formula that we can apply to achieve consistent wins when we want to bet and even in certain conditions we lose bets with a much larger portion. I think this is one of the traps that can cause problems and using other people's money in betting is a bad decision because there is no formula or strategy that we can achieve to produce consistent wins.

I'd be seeing it as a trap. Regardless of how much potential profit I may get from winning, I wouldn't be comfortable having a debt due to gambling. I'm sure when luck doesn't work anymore, you get to be blamed and then you pay high interest.

Besides I don't think there's someone willing to really lend you money without expecting in return, I doubt that he be just giving e the money without collateral.

If you would have a profitable strategy, then by definition you would soon have an access to ever growing bankroll to generate larger profits. Only reason you couldn't do that would be, if the strategy wouldn't work.

To me it sounds like gambler with a "winning strategy" is trying to hustle someone to give them a bankroll for low interest, because there's no bank in the world that would give loan for this. And loan shark is using this opportunity to make more money as well.

Both parties are trying to trap each other.

I thought we are profitable there? So why can't we build a bigger bankroll using our own funds? But it can also be unstable because like you said, we are still experimenting. That being said, taking a loan, especially with a really high interest is not a good idea. If these people believes in us, then they should change their approach like they will only entrust us with their money even though the outcome is a loss.

They can also give us a tip for our effort, win or lose. As the name and actions imply, loan sharks are not caring people. So yeah, it is more like a trap. Apart from the scenario there, they also target losers in gamblers encouraging them to revenge their losses.

That's opportunity, not trap.

No one is guaranteed loss in this situation, both are risking something to get something.

If you think you're the only person who take risk to loss money, it's not, the loan shark also take risk because you might not able to pay the loan.

If your strategy proven working, both will earn profit.

In gambling, if you don't have patience you'll lose.  Applying that to the scenario given, I will not take the opportunity, why haste when I already have the strategy that can give me winnings.  Little by little I can through patience and accumulation of winnings, I will be able to have a bigger bankroll.  Why would I give myself a headache?  Besides gambling is all about luck, anything that is successful strategy today can become invalid the next day.

I would accept the help if the condition is 50/50 or even 70/30 where the smaller portion is my share as long as I don't have any responsibility for the amount in case the bet lose.

From the beginning I would say it is a trap, anything related to shark loans could be considered to be a trap which takes advantage of people who are most in need.
Anyways, if I somehow managed to get a way to get profits in a consistent way out sportbetting, I would try not to get greed and as for money in order to increase my bankroll, asking for money in the context of gambling will always be a bad idea.

Needless to say, in the world of gambling and betting thete is no actual way to get persistent wins and money from predictions, so from the beginning the premise of this scenario is pretty much impossible or almost impossible.

I would not take any money from anyone if it is for gambling or betting. Even if I am having a very good and long lucky streak on bookies.

I am categorically against loans and credits. In my opinion, loans and credits can only be taken for strictly defined purposes. In some cases, it is acceptable to take loans for purposes related to a mortgage and education. It is also reasonable to take loans for business development. Gambling is not a business.

Even if you are a professional poker player, even if your opponents are much weaker than you, your win is still a probabilistic event. Yes, the probability of your win may be high.

However, the win is not guaranteed. You may well lose a sports bet. And how in this case will you return the principal debt on the loan and the accrued interest? All this looks very much like an adventure.

In addition, you must also understand that any experiment is aimed at disproving the hypothesis, not confirming it ... You can get a positive result several times, but this does not guarantee 100% that your strategy is profitable. However, it is enough to get a negative result once to be able to record the presence of risk. But no matter the outcome of the experiment, the risk is still present.

I believe it is a situation that will trap us in a more difficult situation. There is always a feeling of greed in every gambler who manages to make a profit from a winning streak.
Betting by borrowing money from loan sharks will only multiply the risk of loss that will be incurred. If the betting strategy is lucky, of course, you can party. But if it fails, maybe life will no longer be calm with the terror of loan sharks.
I will not take that risk. I will be quite satisfied with the capital and small profits obtained.

While it's not safe, that scenario has no certain rule to it, I wouldn't go all in, and all the borrowed funds won't be wagered, unless it's made compulsory, which I won't comply easily. Half of the money gets wagered and the rest kept aside to face any form of challenge regarding pay back.

I will see it as a trap and not an opportunity, if after my experiment I discovered that am profitable, I will rather spend my money to continue gambling and see how much I can turn the small amount into in a set period of time. Gambling is not a certain financial field where the gambler can have the opportunity to stay profitable as they want. In this scenario that you have described, what if the gambler was just on a lucky winning streak and they thought that they have discovered a winning strategy when it's not and after they took the loan from their friend, they entered a losing streak? That's something to consider before jumping on the risk.

This do only proves out that gamblers are naturally that being too greedy or being that too impulsive or not being that contented on which they cant be able to think up well and just that simply wanting to haste things up and since they are that confident that they do have that winning strategy or being that profitable then they would be that confident that they will be able to pull it through or make it through on repaying the loan if ever they would be deciding on taking up one but just like on what most people been saying on here that this is just that a trap and its never been ideal on taking up one because once you do lose it all knowing that gambling isnt a sure win thing, then you would be having that a hard recovery specially if there's nothing that you do be able to rely on and just only your dayjob paycheck. Its recommended that you should be that still on your senses when you do have these kind of thoughts in mind and always be considerate about the risks involved and not just that rushing up your decisions just because you are just that tolerating yourself with that greed that you are currently feeling on with. The priority that you should be putting up into your mind is into the moment that you do find yourself having that exhaust that balance of yours at the moment that you do play gambling no matter what it is whether on sports betting or some casino games, then you should know on when to stop yourself on doing so. Never ever tried out to take up some loans from those sharks on which it will be just that adding up in overall problems that you could have when you do tend to deal up with it. Always that make use of the amount on which you can afford to lose and dont go beyond those limits if you dont like to mess your life when it comes to financial matter. Be having the control and discipling because at this time on which it is that very hard for you to control your emotions because the primary thing that will be having on your mind on this particular time is on how you would be able to recover your loses and since you do have some option because there's still funds you could possibly extract on, then most likely you wont be minding of about the risks involved specially on taking loans. You will be only that mindful when you are already on a tough situation.

Usually experiment with small bets and you use a strategy then the bet wins, this is normal and usually you will win... but when you already have large funds to get high profits, then usually this is where the disaster begins... Money that is borrowed to bet and there is interest can be a trap because you are tempted by the high profit advantage by betting.

I myself do not see this as an opportunity... but rather your temptation to win once, but believe me when you bet in large amounts, usually defeat will often occur, so think realistically that this is indeed a trap.

I'd say its still an opportunity and the same a trap, gamblers should remember lending for your capital fund to make your way to gamble is not recommended. And it's the same thing for a lender, lending your fund to a gambler without any collateral is just suicide move.

borrowing money is not recommended if you are just going to gamble it all away because the chances of you losing money are almost as great as your chances of winning so there’s no guarantee that you’ll win

It's an opportunity, but yes, that's a trap since placing a bet on sports betting remains unpredictable.
You don't have a source of income or a job that allows you to use your salary for gambling?
It's better to wait for your salary, as the risk of hitting a double-edged sword is minimal, paying your debts while losing in gambling.

But it's up to you, if you feel it's right, then go ahead.
Make sure to lend only what you can afford to pay back, and an amount that won't hurt you if you lose.

I’d rather take it slow than borrow money. Though I’m not saying it’s wrong to borrow as everyone has their own way of managing their finances. Even CZ, the former CEO of Binance, sold his house to buy bitcoin because he saw an opportunity. We could do the same if we really believe we have the skills to be profitable. But we should also be aware of the risks involved, and be ready to accept the consequences if things don’t work out.

To loan money and put it into gambling is very risky and I will not advise that you collect that money and bet. If the guy trust and believes in your strategy, do you also believe in that same strategy on your own without anyone telling you and assuring you of their trust in you? Anything can happen and what you are so sure of, may not work in that manner when you have that money with you. Risk with what you can afford to lose from your own money. Opportunities are unending in gambling, just make sure whenever you’re playing, you’re playing safe with your money and peace of mind.


I won’t see it as an opportunity neither as a trap but I won’t feel comfortable using that money to bet.

If that scenario permits and I have other need for some money, I'll use that to take the loan but for the other purpose and not gambling.
But that's just a trap. The guy is a loan shark and he's taking advantage of the situation.
So, other than that if I really need the money then I won't use it for gambling but if there's a written contract that it's only for gambling, I won't take it.

No matter how much you experiment with gambling and use strategies and how much you win, there is no guarantee that you will make money in gambling. At any time, your predictions or strategies can fail and you can lose money. Moreover, if someone in gambling talks about lending money, it should be seen as a complete trap because gambling should never be done with debt. Now if I gamble with debt and lose in gambling, then I will have to go through a very bad situation to repay my debt, which will make me even more in debt. Debt is one of the reasons behind the destruction of people. This debt destroys people little by little. So no matter what you do, no one should ever do anything with debt.

That’s really how it is with gambling, people are high risk takers, and lenders also face high risk, which is why the interest rates are so high. So if you’re a gambler, you’re taking on double the risk. There’s no room for error, and you better be sure your strategy will work; otherwise, you’ll end up stuck with a high-interest loan that’s usually short-term.

And here’s the scary part: you can’t afford to mess up with loan sharks as they’re dangerous people.
If you really need to borrow, it’s much safer to use a loan app if possible.

Do not buy the cheap money when you can make your own, thats a really bad idea.  I'll tell you who is getting the opportunity here, its the loan shark because the profit is all coming to him with no risk and no skill.   
   Dont gift away your money like that just because you had some payback after probably years of trying.   Stay cautious, build some reserves, pay off bills and any debts and so on.  Accumulate a proper benefit from your success rather then immediately doubling up the risk and losing it all potentially.

Many people will consider this an opportunity and would want to take advantage of it but from my experience, I'll consider this a trap that should be avoided with all means possible. Borrowing money to gamble is a trap and having to pay an interest is another trap. Gambling doesn't have a guarantee path that it you do this, you'll be getting this type of results.

You can do the same thing on different days and get a completely different results because gambling is one of the most unpredictable things to do. Gambling should only be done with money that you're willing to lose and when it gets lost you won't be worried then become reckless that you have lost such about of money.

If your strategy was working before, then after you borrow money, your decision-making will additionally be influenced by a psychological factor that will not allow you to make the right decision. And this will eventually lead to the loss of your money and the money of the creditor. But at the same time, the debts will remain and you will still have to pay them back.

Well it depends on the gambler, for me I don't think it's necessary to take loan to bet, no matter how true the game tend to be because game can be deceiving. No matter how the game looks so real and trust Worthy, it doesn't mean taken huge loan will guarantee win. It might be a very big and deadly trap to put that person in a Very big dept. It's just a Mather of 50/50 either you win or lose. If you win no problem, but if you lose you become a debtors and that may become a big problem to pay back when you don't have something to pay back.

If your strategy is good enough, you can increase bankroll. If you can`t increase bankroll - you do something wrong or your strategy not so good. In both situations it would be a bad idea to get someone`s money to increase profit.
PS. In most situations the main rule is "bet only what you ready to lose". There are rare exceptions, i even know few such bettors, who use credit cards(i don`t see difference where you get money with interest) when suddenly lose, but it is very rare situation. It would be enough to know that it is possible and don`t use such opportunity.

I don’t see a problem with betting borrowed money, as long as you can repay it, it still falls under what you can afford to lose. The thing is, we all have different risk tolerances when it comes to the amounts we bet. Some people are high-risk takers, even borrowing money to gamble. What’s important is that we’re aware of our responsibilities: pay up if we lose, and that’s it.

This approach might be new to most gamblers here and it’s generally not advisable to follow, but in the end, it’s really a case-by-case basis.

Remember, there is no guarantee of your bet to win all sports betting, even though you are an analyst, prediction or strategist in sports gambling.

You better take regular benefits, even though you collect small amounts of money you don't make you difficult, a lot of experience from our friends borrowing money from online loan sites for gambling, But the result is nil, in fact they are an expert in sports betting, I remember some time ago the Inter vs. match. PSG but what happened.

There are 5 of my friends who are looking for money from moneylenders, to place bets for Inter scores, but what happened to my five friends was pursued by moneylenders, that was the risk.

Taken loan to gamble from a friend to me is not advisable because if it happens that it didn't work out, it will definitely result to owing Debt, and you wouldn't know when and how to repay such loan. It's just like taken a loan in the bank to invest into a business you are clueless about, it will definitely leed to selling your property to pay back such loan. Such is this too. And failure to pay at the right time may result to losing your relationship with your friend and possibly next time you may not be given such privilege.

This can certainly be a gambling trap, because the winning streak can suddenly end. Even on the "perfection" of your strategy. And it can hurt you very much if the bet is on borrowed money (and loses). Although I wonder why you would make a subsequent bet on borrowed money (especially at interest). If you were doing well before, which means you don't need outside funding for gambling.

The fact that someone is good in sport betting doesn't give them the room to go take loan or borrow because the truth is no one is good in betting and the reason why that guy felt he is good  is may be, because he is still on a lucky streak. Once he take that loan to  gamble there is every tendency that he can lose the money and once the money is been losed it means he is going back to square one again so what's the rush for? If he thinks he is good then he should continue with the small profit he is getting from it. I don't believe in borrowing and I don't like it so it is a wrong move even though sometimes one can win with the borrowed money but the chance is very small.

You should be putting up into your mind as always that there's no such thing about 100% betting winning rate and getting that confident might be leading up into potential problem specially if you would be making up some decisions on taking up some loan because you do believe that you can make up some further profits because you are confident into your betting winning rate or the odds on which this will be causing up that kind of desperation on which it will be leading into excessive betting on which we know that this is bad. On the moment that you had exhausted up your balance then this is the time or moment that you will be considering on taking up some loans and this is where you would be thinking up on different scenarions on which you might be taking into specially when you are that seeing your capital is just that small and seeing or thinking up that what if you have that much more bigger bankroll? You would definitely be making up some better or bigger winnings too on which on the time that your greed would be starting to kick in then this is where you would be having those kind of considerations on taking up such possible scenarion on which you might be considering on trying out to deal on with but of course it will be that still ddepending into your control whether you would be that sensible in regarding into your financial condition and sticking up with your own ways and much prefer on using up that amount on which you wont be needing up to take up some loan or what.

The thing here is why borrow money if he has the fund to pay it?  Why not just accumulate this amount and then gamble with his strategy?  The thing with gambling results is that it is always uncertain and hasting thing out because of greed often ends in a disaster.

If it is generally not advisable to follow then it shouldn't be on a case-by-case basis since if a person does not have the funds to pay the borrowed money, it can be a debt trap for him.  And if he has the fund to pay for the debt then it means he has money and borrowing just to gamble will put him to more risky situation. As far as I know professional gamblers avoid loans just to gamble even if they have the money to pay for that loan.

It is not wise to gamble with debt. I think it is reasonable to gamble with the amount of money you have available, as a result, even if your profit is very small, it will give you peace of mind. The desire to make big profits is harmful to gamblers and I think gambling is an uncertain game and a sure loss. If you are uncertain about winning, then considering taking a loan is equivalent to death.

gambling should be done using your own money, not from loans, especially those with high interest, it's just very risky, because no matter how confident you are in the strategy you use in your gambling, you just can't be sure that you can win 100%, there is a big possibility that you can lose and lose all the money. so even though it's tempting, i just won't accept the offer and keep gambling using the money i have. at least even though it's not much, it's much safer because it's my own money and i won't be burdened so much when i lose the money.

I would never consider a gambling loan an opportunity because gambling is not a trustworthy thing to begin with. Even if you've been winning every day for a month, you should still expect to lose the next day because that's how gambling generally works. I know that sports betting is different because it's not totally based on luck and your knowledge can play a role, but we need to be honest, even in sports betting, you can lose by getting unlucky sometimes, and imagine you've taken the loan, put a large amount on a bet you thought is a confirmed win, but you lose it. What can you do? Nothing.

Borrowing money for gambling or doing anything where the outcome is not certain and there is a possibility of losing the money is a bad idea. Even if you don't need to borrow money because you have money, it's still not a good idea to risk a lot of money on gambling because you never know what might happen, so it's better to always use only what you can afford to lose, and that's it.

Stressfree gambling is the best, don't stress yourself out by putting big money up at stake in the hope of making big money with it.

Borrowing money to gamble is never an opportunity, despite how far you might claimed to have been successful in the past, because to be frankly speaking, it is actually a trap, and I wouldn't advise anybody close to me to see such scenario as an opportunity. Because the truth of the fact is that while gambling, you literally have no control over your bet, and as such you stand a 50/50% chance to win or lose, but a higher chances of losing, due to the fact that casino always has a higher advantage over gamblers, most especially on luck based games. Hence, the best decision to make is to tell the guy if he is willing to risk his money, then you gamble and share the profit. Both if you lose, you both bear the lose.

The desire for big profit or winning big amount of money off gambling or from gambling is not harmful if you know how to put yourself under control, I personally have always desired to hit that big jackpot one of this days while gambling, unfortunately, I hasn't happened yet and I can't stop dreaming and hoping it happens soon.

But then, this desire have not made me forget the risk that is involved with gambling, I know the repercussion that comes with making any useless mistake and losing money I wasn't even supposed to gamble with, so I always put myself under serious check when ever I gamble, making sure that I am not spending more than I can afford to lose even while thinking and desiring my jackpot.

It's a very big trap because gambling has no guarantee so you collecting money from someone with the hopes of increasing it because you have a working strategy is not a good idea because you could end up owing credit at the long run so to me you should not collect that money because it's a trap that is set for you

There are people that are convinced that they can make money from gambling probably from what they heard from other people online..This is why they are ready to take risks to get money by any means, back then when lots of us were beginners we had some strategies that we believe could actually be profitable but in the long run losses are always more than profits.. borrowing money to gamble is a trap

It doesn't have to be a friend or any close individual, taking loans entirely is a wrong move for any gambler and anybody doing that or thinking about starting because of some strategies that they think is guaranteed to give them profits is about to make a mistake that'll cause them so much losses that they won't think about gambling again. Loans should be avoided and only be taken when they're the last options and that's for businesses that can be certain to give you profits than when they're for recreational activity for fun and not for financial purposes. Gambling isn't a business that you should be investing into unless you're the owner of the casino and you're investing into the business not playing the games.

Debt makes people more indebted. Those who are in debt are in debt because of debt. So it is better to stay away from debt for anything, not just gambling. It is true that you should not gamble with debt, if you have very little money, then you should gamble with that money. If you lose here, then you will lose that little money and there will be no regrets. Those who are too greedy for gambling and participate in gambling with debt to get extra money, are seen to lose money very quickly, as a result they suffer a lot and are ruined. Those who could not use their right strategy in the gambling arena and those who consider gambling as a way to make money have been ruined very badly. In my opinion, I have seen many people who have considered the gambling arena as a means of making money have been ruined very badly. So whatever you do, it is better to take gambling as entertainment and use the money according to your ability. It is never good to borrow from someone and gamble.

It's more likely as a trap because borrowing introduces new risks that can possibly ruin and attract more losses(financially). Looking at the situation here, there're factors like trust& future;to put into consideration,some of it can destroy the most strategies as it's also an emotional trap.The only time I can consider the chance you had there as an opportunity is if you're not desperate over it.

I will consider it to be a trap, not an opportunity, because those loan sharks are just after how they can manipulate you to get a life-ending profit out of you, and on the other hand, it's better to risk what you can afford.

No matter how convincing you consider your experiment to be a winning one, the fact that gambling results can never be 100% predictable is enough to give you doubt not to take a loan and place a bet.

This is something that must be avoided at all costs. Gambling is basically not a necessity that must be met, but rather just a desire and entertainment. So, if you have to force yourself to go into debt to gamble.

The risk of losing money when gambling is very high, and if we play with borrowed money, the emotional pressure that arises will be much greater. Not to mention if you are unable to return it, this can clearly lead us to a more complicated problem.

It is better to gamble only with money that we are really willing to lose, not from borrowed money. So, be wise in your attitude, because gambling is not just about winning or losing, but also about responsibility towards yourself and others.

If the strategy is so good, you would not need to take any loans out. Just keep building up and at some point sooner or later you will be quite wealthy. That being said, I do not ever recommend taking a loan out for gambling, nor do I believe that ANY strategy works in gambling, even if it is sports betting. If there was such a way to make money consistently, then casinos would go broke or stop offering the sports betting option.

Both strategies as well as taking loans out for gambling are equally dumb things to do.

See me screaming HELL NO! No matter the scenario on ground, I will never be tempted to borrow for the purpose of gambling. One should only borrow when they are 100% sure of the source through which they will raise the capital and the interest, if any.

For gambling, this source is not guaranteed; only a strategy which worked by chance. Borrowing will be a big trap, and it will be so unfortunate if the gambler gets caught in that trap. It is best to maintain that small bankroll instead of letting greed lead him astray.

If the borrowing gambler is able to grow that loaned money, that's good for him.
But as you have said, this is double risk for the gambler and he has to do everything in his capacity to win his bets.
I won't do this kind of bet and with the money that's loaned. I cannot fathom of the pressure that will press me if I didn't make it.

The word "loan" is always a trap in gambling. We can take a loan, but not for gambling.

Just to think that gambling gives us no guarantee of winning, and even if you are the smartest bettor on earth, you still don't get any. It is still better to gamble without a loan if we don't want any problems in the future. Let us say that you win today, that man will give you another loan next time, and what if you lose that time?

We really need to be more careful with this. It never creates opportunities but problems.

That’s the problem right there, the ability to win in gambling is always never up to you. Yes, there is a role you need to play and it could give you a fair chance especially in sports betting but, that’s as far as you can go and it’s never within your capacity. That’s why, it’s never ideal for you to gamble with loaned money. As you believe or think about the possibility of a win, you should also put plans in place to replace the money if it were to be a loss. It sure would hurt and as such, it’s never worth the effort.

I see it as a trap, because firstly you are not suppose to borrow to gamble,
Gambling rule number one, gamble with what you can afford to lose.
instead if you don't have money you stay away from gambling, if he his in his right frame of his, he was suppose to reject that offer because if he loses he his going to pay back, and there is no guarantee that he is going to win,
Gambling rule two, gamble for fun and not for money therefore it is better to reject the offer, since there is no special strategy for winning in gambling.

In the end, something like this will only be a bad choice because no matter what, we must be aware that gambling is not just about us playing and the end result is only victory and defeat, although it can be said to be true in simple terms, but in the end the condition is not that simple.

Mentality and responsibility are important things and when we borrow and gamble with borrowed money in the hope that we can be successful, then in the end we are a little wrong in seeing gambling because we are not even responsible for ourselves in the end.

Although there may be a small number of people who are successful when they gamble with borrowed money, but the ratio we certainly know that this will be much smaller than people who borrow money and when played in gambling and they lose.

I don't want to forbid or suggest because everyone certainly has their own thoughts about this, it's just that if it is possible, it would be better to avoid it.

The possibility of winning is always there and we will justify it as long as we want to do it.
But it is not a wise thing to do and we all know that it's going to end up very bad.

We cannot stop those who gamble for the money. But if they go too much and asks money to gamble, that's how things should be changed.
We as gamblers also have some strategies but let's start out with how we spend our money and understand when we should borrow and not.

Every individual has full control over the process of gambling involvement and they themselves can determine the best steps when involved in gambling. Some people blame others for their gambling activities and I think that is nothing more than an attempt to justify the blame. The case of borrowing money to gamble is indeed not ideal and people need to avoid such conditions because no one can guarantee that gambling can produce consistent wins. It is better to gamble with your own money because even though it is small, we are much more responsible for spending the money on gambling.

Well in the scenario in which loan is been involved, I think I'll do a recheck on that cause I wouldn't want to make a lifetime mistake that'll end in regrets. But on a lighter shell i would see it as an opportunity and that's if the strategy is something that is sure in giving me a mouth watering profits then I can go on to accepting the loan offer and have my luck play out. Nevertheless any gambling activity involving taking of loans to keep up the process is a no for me.

I had this happen in my life, and I think that everyone who was involved in gambling, betting or even trading went through this. I used to be very keen on betting on eSports (wc3), and I knew all the players and their skills at this stage of their careers very well. I watched many championships and supported domestic players. I successfully bet money on one of the eSports portals and one of my friends gave me his birthday money so that I could play with it. I lost, but it was a small amount, so we just shrugged our shoulders and went through this situation. I decided not to take money from friends for this anymore.

Possible it mostly depends on gambler. Common gambler see an opportunity to bet more money, silly gambler or gambler addict see free money(even if he know that he has to return it), wise gambler see an opportunity to get additional profit.
Wise gamblers don`t need ours` advices, so it would be better to warn the main part of gamblers.

None of the possible strategies in gambling can generate income on a regular basis, as this is mathematically impossible. Therefore, borrowing money to make money from gambling is a rather foolish endeavor. If you want to make money, find a job, a side job, or organize an activity that generates profit, but do not try to make money from gambling. This form of entertainment not only carries high financial risks but can also cause serious psychological problems in the form of gambling addiction.

it is a very big trap if you are taking up the money in terms of loan. the outcome of gambling is not guaranteed regardless of the person that is involved. that you have started losing to the point you can no longer afford to take care of your gambling budget by yourself is a clear indicator that you should never try such thing with another person's money. if he so desires to help you, it is better that he gambles on his own while you help him do the analysis. that way, you have succeeded in reducing the level of your exposure to risk.

the worst thing you can do as a gambler is to gamble and get wrecked and still owe someone some money you have taken from them for the sake of gambling. it is not worth the risk at all.

A trap since the interest rate is already considered as house edge and given that it’s a loan shark rate makes it much worst on the house edge.

You are still risking your bet. If you win you decrease profit due to the interest rate while if you lose you have more debt needs to be paid. I believe sticking to your bankroll is best choice here because you will have no immediately loss per bet.

It’s not an investment that has low risk and guaranteed profit.

It's normal to see others blaming someone because they find it suitable for themselves.
I understand them because I was once like that person that looks for someone to blame to for my losses and misfortune.
It's hard to accept defeat when you're hopeful on that day and you just want to vanish in the air when you've lost everything.
Eventually, a gambler like that will start to realize that it's only adding the damage when they blame others.

I won't take it, bad for business (gambling) to be precise, it's bad for your mental health too, when losses happened you will feel hurt twice, you lost money and you have to pay back, you don't have to be greedy in gambling, it was never your sweat to begin with.

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Be contented with what your small money brings to the table, even a small amount of money can change the tide of your life, no amount is too small when gambling, you only need to make sure that it fits your life style, like be able to ignore the losses because it's nothing to you.

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It's not worth the risk to bring out a higher amount f money for gambling sake, you knew deep down that you can't afford to lose the money, accept that fact, avoid debt they will put you in worse situations.

The strategy that worked with a match or game won't work with the next match or game. This is the reality, but on different occasions there'll be a coincidence of people following the same strategy and getting success out of the same. When I did not have much knowledge about a particular sport, I was spending well, and I used to choose the odds in a random manner. Those bets had been successful for me. Later I learned more about the same sport and started to choose the odds. Here what I experienced is loss, so irrespective of the strategies, it is all about the luck factor that determines one's win. So, I never take a loan, considering a strategy leading to success.

Its is never been that an ideal step for you to do when you do gamble on which its always been the golden rule that you should be that making use of the amount that you can afford to lose. On the moment that you have been that thinking that you should be that taking up a loan for you to gamble, then it do already signifies that you are that getting addicted with gambling and this is something that you must stop when you are on the verge of having that kind of too much spending. If you do see yourself that having some winning then why would be trying out to make out some loan just for you to rush up on making up some big profits or wins? Yes, this is possible but we should be putting up into your mind that there's no such thing about 100% winning whether you are dealing with skill based games like on sports betting or some card game out there. There's no way that you can be able to make out some assurances that you can be able to win up something big and even if you do say that you are doing well with your current sports betting stats then its good but still not that needed for you to get confident with that.

One of the most common scenario on why gamblers do end up on having that miserable condition is just that because they do tend to go into those extents on which it shouldnt be done in the first place. We are the ones who do made out such decisions and its impossible that you cant be able to determine whether its that something good or would be ending up on a bad condition. Gambling is just that for fun and entertainment and if you do find yourself that being profitable even with those small bets, then better stick with that because you cant be winner all the time and if you are having some good profitable stats then good for you but make it sure that you will be that not making yourself greedy on this case because this is where gamblers do usually failed up at the moment that they cant be able to control themselves. You do need up to consider on how you do act accordingly basing up into the situation.

Although there are people who believe in lending their money to bet on sports gambling because they know the strategy is always right, but behind all that, the person who lends the money is certainly only looking for their own profit because they set the interest that has been determined. In other words, this is a trap and not an opportunity because every gamble certainly will not always guarantee to be able to win the bets we make.

I don't even see a reason why anyone have to borrow money to gamble especially when the sum is huge. Gambling is not for those that are too emotional and that can go any length just to be able to gamble on the game they want. Those that have addictive might have severe problem trying to stay away from loan or anything that will make them stay out of debt.

Once a gambler is able to understand why they are betting and the kind of results they are anticipating to see, even though that their expectations have not been accomplished they will still be glad to have the privilege to keep doing what will make them profitable after a while. We don't always get the kind of results that we want from gambling which is why staying focused will be an additional factor that can make one to hit a jackpot.

You can use whatever money you like to gamble but a borrowed one is something I wouldn't advice anyone to do gamble with. The dangers involved in this are quite enormous considering the fact that gambling isn't really something that has a definite outcome and putting a sum of money that doesn't belong to you into it is absolutely ridiculous. If you end up losing the bet you are going to end up in debt

We must dare to accept the consequences and risks when involved in gambling because we know this is not a place to make money consistently so blaming others will not solve the problem. Everyone finds it difficult to accept defeat when gambling but it is very excessive when experiencing victory because that is how humans really are. That is why I say to set limits when gambling, for example like setting a special budget when gambling and we must have the ability to stop so that even if we experience defeat it will not have a much bigger impact.

It's a trap, you will be a prisoner of that debt... In this case, you will do all the work & bear all the risk while someone sits back and makes money off of you. If you are profitable, just continue doing what you do and slowly raise your bankroll & stakes. If you are really good, it will happen sooner than you expect.

Maybe I could understand someone in a desperate situation making a move like this... For example, someone close to you is ill, and you are really good at sports betting, so let's try to get a big buck quickly. Even though that is very tricky, I would understand.

So, if you are not in a hurry and no one is chasing you, just take it slow & easy...

Setting a gambling budget is something I've been practicing for some years now and it's been absolutely working well for me, I can't say the last time I gambled and regretted it because I lost money I wasn't prepared to lose, though I started this practice after I lost a significant amount of money which I never expected to lose.

And let me also point out from my personal experience that setting a gambling budget is not really where it all ends, one must possess the ability to quit gambling as soon as they have exhausted their budget balance, a couple of times I've been tempted to make a fresh deposit to the casino after having lost my initial budget, one time the urge was so high I almost fell for it, I did make a fresh deposit to the casino but on a second thought, I forced myself to withdraw the money because gambling further at that particular time was going against my own rule, something I hate to do.

Sports betting strategies cannot be profitable in the long term. If anyone had ever found a consistently profitable sports betting strategy, the bookies would've gone bankrupt in no time. The golden rule of gambling is "Never gamble with borrowed money" and it doesn't matter if it's sports betting or traditional casino games. I wonder if "the guy who believes in you" would lend you money without a collateral. ;D
If you have enough crypto or other assets for a collateral to backup a loan, why would you borrow money from anyone?
What if you run away with the borrowed money? Have you ever thought about this?  ;D

A lot of people get overconfident of their strategy and that's the problem, they feel taking a loan is going to give them the boost they need but they don't know that it's actually a trap. Some don't like the idea of using their spare money probably because the amount is small. They think that staking high is always the fastest way to make money but it's actually the easiest way to lose it if you get unlucky

You don't use interest or borrowed money for gambling instead you use your personal income, without having a steady personal income you are to avoid gambling because it will keep making you to borrow until you will start selling your properties that will not even be enough to upset the debts you have incured.
As an adult gambler you don't need people to tell you what and how to deal with your gamble life because any you are old enough to take decisions on your own, and so you don't have to allow anyone to push you into what is not comfortable by you and how sure are you that your strategy will work, what if it fails and all the borrowed money is gone will the lender accept not collecting the money back from him.
Manage your resources so that you will be  not end up being an addicted.

Let’s say you have a steady income, but you’re struggling to raise a bigger bankroll for gambling. So you decide to borrow money to try your luck, nothing risky on your end, since you know you can repay the loan over the long term.

The only real issue is the uncertainty, whether or not you’ll actually succeed in sports betting using that borrowed money as your bankroll.
That’s where the risk really lies.

The major question is, will that guy that believe in you to win, be able to contain it when you lose the money he gives to you to gamble with, since gambling is somewhat not predictable and the certainties of you losing is very high so for that, taking a loan to gamble with is not a welcome idea to many of us.


Gambling should be done basically for fun, and if you win, just know that you were lucky and you did not win based on your level of skills of whatever.

Regardless how good and profitable you are in gambling, it's not advisable to take a loan just to fund your gambling activity. Because there's no specific strategy that can consistently work, it could be you're just lucky plus your knowledge about sports. But then, if you want to increase your bankroll for big gains, don't rely to other people's money. Use your own so if something didn't go according to planned, you didn't owe anybody.

When it comes to personal experience, it may be difficult to deny because there may have been such conditions but it comes back to each individual because even though they have set a budget for gambling but if they are unable to maintain discipline and continue to make new deposits, it will also eliminate the essence of setting a budget. I also experienced the same thing in certain conditions and violated the basic rules that had been set and eventually lost the entire plan which resulted in much greater losses. Sometimes the plans that we have made do not go well because there is no discipline or limit to stop gambling in a winning or losing condition.

There's no way that they would be able to not to think about the risks on taking up a loan for them to gamble and it is indeed a big trap and if you do find yourself that getting fall into that trap then it would be that so hard to get out specially if you do find yourself that dealing up with those loan sharks then you wont be able to get out and you do know the risks once you have decided on not to repay those loans. Its important that you should be sticking into your mind and emotion that you should be that playing into the amount that you can afford to gamble. When you have exhausted all of those balance you do have then you should be calling it a day and never tend to go push forward. When you are in the verge of disappointment and anger then try to distract yourself as much as possible not to make more deposits.

If you do fail on doing so then you will definitely be facing up these tons of issues on which it will be in connection to finances. You should know on what are your priorities aside from gambling because the only time on which it is that worth to take a loan is on the moment that you would be having some business or investment steps or decisions.

Big trap my friend. No matter how effective a strategy might seem to be, it doesn't change the fact that gambling isn't always predictable, you might think your strategy is flawless until you start taking huge risks. Anything that'll make you resort to taking of loan for the purpose of gambling should be totally avoided by all means because you just might never know if you unlucky day started that day and you end up borrowing money only to lose all the money to the casino. If the person is so interested in investing in gambling, I'd be kind enough to share my predictions with him and he can take his own risks himself, I'm not taking no risk for nobody.

It is important for you to set a fixed time for gambling, just like it is important for you to stick to your bankroll. Most gamblers end up losing and instead of stopping on time, they get emotional and play more. Usually people who are not involved in gambling may not be able to make an accurate assessment of their own behavior but only gamblers who are somewhat experienced in gambling can understand the importance of gambling and stopping on time. In fact, it is not an easy matter at all. You have to practice regularly and be limited in comparison to letting yourself go beyond your budget.

If the guy that wants to offer me the loan truly believes in me and my skill, then he should take a share in the risk. To take a share of the risk, he should not loan me the money but rather give it to me as an investment so that any profit we make will be shared between us and if I lose the money too, I would not have to pay him back. If he doesn't want it like that, then he can give me the money on a zero interest, because I can not take an interest loan to gamble.

That is a technique that needs to be set when someone wants to gamble, for example making a step for a week how many times to place bets with a prepared budget so that we can avoid addiction and can be more disciplined not to get involved excessively. For now I only bet on football matches and rarely gamble on other games because I realize that gambling is not a place to make money consistently. By implementing certain limits, it makes it much easier for us to be disciplined and not excessive in spending money on it. Even though it is difficult, we can slowly do it if we have discipline and have certain limits in gambling.