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It's been a year and half that I talked last with a family friend who is living in North America and finally, he replied my messages after so many sms sent out to his number, he told me about how he own 60k in gambling and I somehow feel sorry for him but at the same time I doubt this, because I don't see anyone talking about gambling debts before.

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later? Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..

I know some people likes taking loans or borrow money, but I know him too well, he always advice us to never take any loan for anything.

I know some are wondering why I don't ask him, he is way older than me and I don't want to ask him, I only told him to take things easy with himself, I don't know if asking can make him feel bad even more.

So is gambling debt one way or other possible without the person taking loan or borrowing money?

Never heard of such. The only aspect which I think is existing and somewhat related with the 'play and pay later' you have mentioned is free spins and other welcome bonuses which allows players to play and have a chance to win without depositing the usual required amount. But an actual aspect which would allow a player to somewhat borrow an amount like a loan to a gambling site, is something which is not familiar on my awareness.

It would only be possible if you'd go through actual lending procedures such as borrowing an amount you can use to play. However, I won't suggest this way still. Imagine losing the money and still with the responsibility of actually paying an amount.

As far as I know there are no casinos that provide loans, but maybe at offline casinos we will find some with strong collateral conditions. When it comes to online casinos, it feels like this doesn't exist and will never even be implemented. Apart from gamblers who can just walk away as soon as the bills are collected. Say, if there is a casino like that, even though applying KYC is accompanied by a guarantee even before taking a loan does not mean that the data provided is genuine data. This is risky and the casino's position seems to be looking for gamblers not gamblers looking for casinos.

You must be referring to an offline casino because an online casino will never allowed that to happen since they don't know who is using their sites and can run away when they lose. An online casino can never allow such practice or they'll be losing money in the business.

I haven't heard of an offline casino offering loan bets either, it looks possible but I haven't heard of any one and if there's one operating, we have to avoid them because we'll put ourselves in unpayable debts. Gambling is very addictive and having free money is dangerous.

You should never borrow money to gamble and you should never take loans as well. Gambling should be done with spare money because there's a high possiblity that you'll lose and it's better to lose your spare money than lose money that you still have to payback.

Never heard of it, but I believe it might happen on offline casino where you're have a collateral or they have asked various KYC, so they can take an action in case you're not want to pay your debt. It's impossible to happen on online casino because someone can use someone bank account, submit fake KYC and other thing. However I think a good casino shouldn't allow this because if a gambler don't have money and still want to gamble, it's a sign of gambling addiction.

Gambling Casinos is a business so they won't let you play when you don't have funds or money.  It is either your friend used his credit card or he borrowed money from someone else.  Your older friend just stated that he owed money so obviously he borrowed funds to play.  So gambling debt is impossible if the person doesn't take any loan or borrowed money from someone else.

We might be guessing here why your friend owed money in gambling but if you really want the correct answer, even though you are a bit hesitant, I think it  is ok to ask information why our older friend got into debt.

He had already gone too far and he learned his lesson the hard way.
It could be in traditional casinos or gambling places where sometimes they let players play off until debt and that's the worst thing that a gambler could do. He might probably took a load so he can take it in online gambling sites. Regardless, it's too bad for him. Let this be a lesson for others to gamble responsibly. And if you're already in a rut place like this, just know that you are not what happened to you, you are what you are going to do about it. Take the lesson and be more accountable for taking risks the next time.

A gambling casino can't loan you to gamble on their site because it will not help their system, tgey are called a gambling platform and bit a loan scheme, they will prefer you go to other loan platforms abd get wuch to use the money for gambling which is not a good idea at all, we have many gamblers they may take loan and refused to pay back due to some circumstances unavoidable, that is why you have to gamble with your own personal money from the income you made than taking a loan that turns a problem on you if you don't win, that's why many opt on for gambling bonuses and referral bonus if they needed to gamble for free when they are not having money.

Actually,this is possible with an offline casino but can never be possible with an online casino. Down here in my country, it happens as I have seen it. My friend's younger brother is a core gambler,and he loves playing virtual games. There was a period of time that he was on his lucky days,he won very big and will lavish it within one week in the same casino. He continued like that and he keeps winning and losing,so he became to good trusted customer,and they started allowing to play in credit and pay back at an agreed time. It was working for him at first and everything was going smoothly.
         His luck days passed and after losing all his funds he played a huge sum to pay back later. He gambled again from the casino without paying and the casino noticed that he hasn't won any game for two weeks,and his debt have pilled up. They decided to stop allowing to play anymore in the casino and asked him to pay up his debt with a given period of time,he couldn't and he was arrested by the casino. This was how we knew what was going on between the casino and him.

Gambling platforms just provide rakeback and lossback based on what you've wagered. Most of the online casinos that are getting launched these days have added this feature. This is just a way to console the person who had lost big money in gambling. With the land based casinos even this isn't available. Play and pay later is new to me.

Gambling sites providing loan is not at all possible. Just think, on what basis the loan will be provided. Even if collateral is submitted providing loans for the purpose of gambling isn't possible. Maybe in the future we can find financial service providers making tie-up with gambling platforms to enable such kind of inbuilt features within the platform and easily make users get into debts.

This may actually be permitted in some countries but yet it is not an official thing they may have to announce to the public that they make such offer, some canake use of anything to serve as qualateral for them when they don't have money to play, while soe may get to gamble due to the familiarity they have developed with the gambling operators which the organization must not know, this mean they are taking the risk on themselves because they know the fellow gambler personally to be someone they can always get reached to whenever things happens the unexpected way.

I've only seen it in the movies when some big guy comes to the casino and gets a loan to gamble, but everyone knows who he is and that he can pay it. Maybe it happens in real life, but for mere mortals it will never be an option, because realistically it would be really stupid on the part of any casino. Gambling should be understood as entertainment for what it really is - and not as a way to get rich, although rare individuals will be lucky enough to have that happen to them.

That poses a huge risk on any casino to go broke (I think I have not understood you correctly as it make no sense for the casino) but if you want to use your credit card for gambling there are tones of them to choose from,mostly FIAT casinos of course while crypto ones allow such exchanges for you to use your credit card to buy crypto to play there through their partner providers.

If you mean to borrow money to gamble that is the worst possible idea to think first and then to execute because usually when playing tension-ed with borrowed money you don't think cold headed and most of the time you lose all the money.If this happened to your relative or family friend just tell him to stop as soon as he is in time otherwise it can end really bad for such person.

I don't think there is a casino that is offering pay later feature wherein you can loan a gamble fund to spend.

I'm not sure if they just want to be sure that there will be no loss on their end, or they just want gamblers to be responsible. If it's the former, then casinos just want to prioritize their sure profit and don't want to take the risk of lending money despite having KYC. Perhaps this is also a play safe on their end since they knew that some are not even within their scope to follow up for payments and other necessary measures if ever the gamblers will not comply and pay on time. If it is the latter, then the casino is doing a good job in promoting discipline because as the saying goes, you shouldn't really gamble what you can't afford to lose. If you have no gambling fund allocation in the first place, then you shouldn't gamble since you have no extra budget for it. Prioritizing the needs is important after all.

Yes because for sure to many loan default might happen since they some may think that they had been cheated by the casino so that they will pay more unto them. This is why maybe casino didn't implement this feature since the risk is huge on their side with this idea.

But we can't deny the fact that there are several people still doing this action due to addiction and they think they can return back the amount borrowed if they won on what they play.

I don't think any casino will allow one to gamble and pay later because when the loss comes, we've already lost the money. But when we gamble first and then pay later, we can quickly escape the casino and the casinos don't want that to happen. Even if you use a credit card to deposit the money, you still send the money and have to pay for the use of the money at the end of the month.

It will never be advised to borrow money from anywhere to gamble because we will not always be able to win and bring the money home. But what can happen is that we experience defeat while we have to repay the loan. If we don't have the money to pay it, we will accept the risks we were told when we borrowed money.

I have participated in gambling on many casino platforms. But haven't seen any casino platform that offers loans for gambling. If that were the case, people would participate in gambling by taking loans from the casino platform, where if they lost, they would later leave the gambling platform. Your friend may have said it differently to you but you have understood it differently. Maybe your friend took part in gambling by taking loans from people in offline gambling sessions. I am sure your friend has not participated in gambling on online casino platform.

It's weird if there's a casino will allow their gambler to gamble with loaned money from them because it will be hard to ask the gambler to payback his loan because he think he's not using his money to gamble. Casino will not use that method to make more money, it will increase a conflict and the team need to handle that's case rather than just focus to serve a high roller to gamble.

No Never heard of gambling but paying later and does this happen with offline casinos? There are also offline casinos where I know they don't lend money to their customers but have to bring money to make bets so the game can start.

Because there are many casino businesses all over the world, it's not surprising that there are rules like this, but I won't deny it because, after all, it will be their rule to apply the system they use to lend to their customers.

But for online casinos it looks like this doesn't exist, they still have to deposit some money to start so there is no rule of making bets but paying later.

wait a moment, before i say too far i want to ask. you say your friend has a loan of 60k in gambling, so why don't you ask your friend directly when you say that? i think it's clearer.

and this is my own answer. If there really is gambling that gives loans to a gambler, I think it's fiat gambling, not a gambling site. because gambling is an enterprise that is known to make a profit.
how could someone want to buy goods in large quantities at a large store and pay for them later? just as gambling would not lend anything to the gambler.
but I'm sure it's fiat gambling and maybe your friend goes to the gambling too often so that the gambling owner knows him and gives loans to gamble.
although a little unsure, but what is more certain if you are still curious you can ask your friends directly.

Same here. I know of some casinos who allow credit cards to be used for top up and that's the closest thing you can get from a play and pay later casino, as well as casinos that give you free spins or free rounds whenever you deposit money but no casino in their right minds will employ such tactic. That's just bad for business, coz then every player they had will just have to create new accounts soon as their free games are over or used up and will end up with the casino going bankrupt from all the money that are being paid off from winnings, and the lack of revenue due to everyone one-upping them.

The idea is great don't get us wrong OP, and I suspect that perhaps in the future a casino could employ such campaign, but as it stands today until that problem stated above is solved I don't think casinos will be willing to put themselves at risk like that.

He seems to be knowledgeable but you also think he is gullible too?
Just ask him straight you have already sent him messages countless times enough to spook him.

They don't want to obnoxiously take money from people, they will probably avoid the scheme play now and pay later. The house wins all the time and they will realize this scheme is nothing but a robbery.

Never heard this before but I think before the casinos allows you to play and pay later there must be a collateral because the casinos knows that winning is very low and there’s a big chance for you to lose the money so why those casinos will allow you to borrow money?

Well, I think this kind of offer are only available to their loyal players, have no idea how this works but its strange to see casinos doing this, its like they are more greedy and encourage those gamblers to gamble more even if they have no money at all.

No company or gambling platforms would really be giving out some chances for you to take up some loan into them or having that financial support on the time that you would be playing.This is why if ever your friend do

tell that never ever taking up some loans or borrowing money, then for sure he does that already specially on the time that you would really be getting addicted to gambling then you would most likely be breaking out
those principles and wouldn't mind on sticking into it as long you could be able to give out that gambling urge or interest inside you. Whether you do know him well and do know on what those advises he had given out
earlier but doesnt mean that those things would be surely be followed after all the years because there are really indeed things which are really that tend to be broken.

If he had some 60k debt on gambling then it is usually be falling down on getting some loans into someone whether on a bank or friends or other sources or he does have those debts on using
up his/her credit cards. This is the only way he could be able to acquire such amount.

I haven't heard of such before...
Why would a casino indulge in handing out loans?? That' would automatically mean getting an affiliation with the credit bureau Which takes so much protocols and affirmations.
If they'll ever be a time when casinos would borrow an individual some funds to play with and pay back in due time, then I believe the very fact that gambling is becoming rampant and being abused among kids would become more predominant.
I would believe that they'll be a time INSTEAD - that' a casino would lend out slots for players with limited funds to play and pay back -

Sandra 🧑‍🦰

when you talk about casinos, high likely that his friend owed such amount was because he used his credit card or he loaned money from someone else and used it in the site. i don't think any casino would allow the paylater scheme as i never heard of such feature before.
remember they are in this business and they want to make sure their business won't be in the verge of bankruptcy owed to this feature. gamblers borrow money all the time from whoever will lend them money even with high interest.

Come to think with this scenario:

1. Casinos lend money into their gamblers, if they win big then they would simply be cashing out those money deducted from the winning - NEGATIVE - It would affect profitability
    They are really just making some suicide decision which would affect out their companies profitability.
2. Casinos lend money into someone to play- If they do lose, what they would get? So its useless.

Its true that there's no such feature on whatever platform that do exist today, which does simply shows or means that his friend might ended up on taking up some loan
into someone or do make use of his credit card for him to play. You cant possibly borrow into the platform which you are tending to play. LOL!

Gamblers may just see it as "play now and pay never". This is a very terrible business model. Certainly online casino operators who'd have thought of it but they know that it is bad for their business. Because most of the time they are already dealing with people with terrible credit score, people who do not want their family members to be aware of their gambling addiction. Casinos would end up running at a loss and would in no time declare bankruptcy. I know some casinos offer some sort of loans to players who meet a certain criteria but never would they try the model.

in online casinos this is completely impossible and the reason is quite simple: in online casino the owner in most online casinos is an anonymous person, and the customers of the online casino are also anonymous people, even if the customers of the online casino still do KYC thus, they continue to be people unknown to the owner of the online casino and as there is no friendly relationship between the online casino customer and the owner of the online casino, then there are no conditions for a person to play and pay later, also the casino system itself online it doesn't help much that this is possible, for example when people are playing at the online casino nobody sees the face of who is playing, there is no interaction between people

now we look at a physical casino, in the physical casino when people play they talk to other people and sometimes they talk directly to the casino owner, this means that there are conditions for the casino owner to become a friend of the regular casino player which obviously can at some point ask to play and pay later and the owner of the casino can accept that, because the owner of the casino knows the regular player very well and knows that he has the means to pay, there is nothing strange in this type of situation , and something quite normal but what happens in the physical casino

I don't know such that's existing but maybe a casino can have this program but you need to have a secure deposit that's more than they're giving you as a loan and that's the best possible way a casino can allow.

Just gamble with your own money and not with debt money. You'll be buried more with stress and problem when you lose that money. You take responsibility for paying the interest and you have lost that money. So that's double pain that you need to deal with.

Use.. credit card? That’s the closest thing I can think of with the concept, although it may not be what you really are looking for directly. You can always pay later with credit cards although the risk of getting addicted with the game is extremely high. Keeping in mind that what you’re spending at the casino isn’t your own money makes you think twice or thrice into depositing again. Personally, I wouldn’t seek for play now, pay later casinos because it might make me oblivious that what I play with is something that will come back with interest.

That will be Double Kill Zero, lending to gambling with interest and when gambling loses it will only leave debts to be paid along with high interest. it will be a very complicated problem and will stress anyone out.
Do gambling like gambling that provides entertainment, not gambling that requires earning? So far I have been doing some gambling just for entertainment and I have allocated a limit on the money used for gambling. So no more than the allocation fund. Gambling provides entertainment, not new problems.

I have read much about the credit system in some developed nations and it is effective. People can purchase almost anything with credit cards. But in my country, we don't have effective credit systems so it might be difficult to have such gambling credit facilities. I know some casinos where some well-known customers are allowed to gamble on credit because the promoters have confidence in them and know that they would pay back the loan. But I have never seen a casino in my area that has an established system where you can come and gamble on credit. Maybe we might have it in the future when our credit and national identity system is effective. This kind of service will cause gambling addictions and people will gamble more than their income or financial benchmark.

Yeah, i've heard this from someone i knew in US about their credit system where all accredited lending company knows everything your debt from different companies so it's easy to track if someone is a good payer or not before accepting it's credit card application in gambling or on different platforms. But like you've said not all countries have this kind of credit system. So it's not recommended to just lend a gambler for an amount that the platform is not sure to lend them or not. It might be beneficial to both parties in terms of usage, company and entertainment but the effect will cause worst outcome if the lendee won't pay properly.

I believe not, because gambling is a sector that would easily attract bad payers and would certainly have a very high default rate.
It is already difficult for many players to deal emotionally with losses, so imagine if these players can still somehow prevent the payment from being made.
This can be done by calling the bank and asking them to cancel/block the credit card.
On crypto-only sites, this would be impossible to control.
On sites that accept deposit in Fiat, it could be necessary to have a much stricter KYC to curb fraud as well.

Anyway, I doubt it exists or that it would work on a gambling site.

There's a possibility that we can see it in the future because I remember there were exchanges that would allow you to borrow money, and other exchanges are recently starting their casino.

Then again, casinos prioritize making profits, so if they plan to start a lending business on the side, then the rates are probably worse for the borrowers. That would mean their side business won't get that much success, so it's better if they don't do it and use their profits in another way.

I haven't heard of a play-now-pay-later casino. But it doesn't mean one cannot play at a casino without money. You've mention credit cards. You've mentioned loans. And we've also read and heard news of gamblers using money coming from their company's funds. I mean, there are so many ways to gamble without money, incurring huge debt in the process.

Just days ago, I and my friends pooled over money to bet on GSW against the Lakers in their 5^th game. We're betting against a group of policemen and the money was held by one of them. By the time we won, he was gone and nowhere to be found. It turned out, he didn't have any money at all. He was betting without anything. He was scamming bettors of their money.

I've only seen that in old mafia movies, where the player who keeps losing is given a balance, which he usually ends up losing and if he has trouble paying, the mobsters will come to take his possessions and his physical integrity is in danger. I don't know if it will happen anywhere now but if it does it must not be part of a legal scheme, surely there is mafia involved.

I'm 100% sure that there's no such thing as a service like that.

First of all, most credit cards are not accepting in-game purchases on gambling platforms for obvious reasons that it can lead to too much debt and banks will just create another problem for themselves. It's also a casino term not to use credit cards to be able to play on their platform.

If you don't have the money, don't push for any gambling activities, simple as that.

This does not seem likely to me, as then casinos will have to create very strong procedures which allowed them to guarantee they will eventually get paid, similar to what banks do already, the most likely scenario is that your friend asked for a loan to the casino and he had to give to them a collateral which will be returned to him once he pays the money that he owes, similar to pawning an object at a pawn shop or the collateral loans some members offer on the forum, still he is in trouble as owning 60k is simply too much and if the interest rate is high he may be unable to ever pay up his debts.

Never heard of it  and not sure if some casinos offer this kind of opportunity to gamble without money on your hand.
If someone does this, they'll probably going to ask for a collateral or something valuable for them to hold before they release your desired funds for gambling, but that's kind of a complicated procedure and I guess debt doesn't really a good idea in a gambling business for some specific reasons.
 
The most probable thing for people to have a gambling debts is through credit card and other lending firm, but of course they are not going to declare that they're using the fund for gambling purposes coz these lending companies will not allow you to take the loan as you're most probably going to be broke and won't be able to pay back in time.

As far as I know, you cannot borrow funds directly from an online casino. Perhaps your friend was referring to borrowing money at a land-based casino. In some cases, there may be loan sharks or individuals who lend money to gamblers at high interest rates. However, it's important to note that borrowing money from loan sharks can be risky and potentially dangerous, especially if you are unable to repay the debt. These types of loans are typically unsecured and may put your safety at risk. It's always advisable to avoid getting involved with such arrangements and to practice responsible gambling.

This practice is not something Casinos would make cause people would abuse it. It would be so easy to bet with their money and then if they lose it all they would end up in jail and still Casino would be left without it.

Maybe he is regular customer and the casino already saw how much he is willing to risk just to gamble. It's not like we are not monitored in every casino that we go in, there are cameras everywhere. If they did, offering a loan would be easy and all they need is his details or where he receive his money from, and how much he can make.
$60k is a lot of money, he may have gone wild and thought he could get it back by gambling again. I doubt it will be from credit card or banks because there's always a limit to it. The only way I could see it is from the casino lending him money with collateral, maybe you should ask what he deal it for. House? Car? His payroll ATM card?

To be sincere this is the first time I am hearing or reading about such thing; I haven't seen it before somewhere that someone was able to borrow or bet on credit and paid back the casino after they got money form their work place or whatso.

If a casino should try such a thing it means that they are planning on shutting down in just a few weeks or perhaps months of them starting their business because even now that something like that is not available gamblers are still using some deceptive means to cheat the casino imagine if they are giventhe oppertunity to bet without them having cash at hand that would result to some outrageous behaviour. I don' t advise any casino to do it has it is going to rekt them.

Assuming you were referring to gambling collecting loans to gamble I might concur that I have see and heard about it although it's not advisable to do such.

Loan sharks? Before I don't believe them but when my eyes are opened in the gambling industry, I can say they are real and they are in the shadows of the casinos just waiting for that guy who wants to play more and win back what they lose in exchange for high-interest rates. It won't matter to a gambler that is determined that he can win it all back, someone who will try to chase their losses and think they are invincible afterward. The belief that all their bad luck was gone when they lose their entry money.

It could happen but expect that they won't stop even if you pay back, they will offer higher amounts and higher interest rates and it will be a problem to get away from them. If ever your friend did that, he might be in big trouble now. Because that interest will keep on running, worst growing, if it takes him longer to pay them back.

Considering gamblers that were so addicted to gambling and those that have nothing else as a source of income than what they get through gambling activities, this may not be a good idea because a large numbers of gamblers will always wanted to partake in taking loan to gamble which is not good to encourage, the casinos will be chasing after them for loan recovery, and as we all knows it's more common to loose in gambling than winning.

I honestly haven't heard before that Pay Later concept can be associated with gambling. But now that you said it, I do think that it'll be a good feature to have, it comes with specific terms and conditions first of course. If it'll be implemented, I think the player need to have met some conditions such as wagering requirements and deposit amount, either or both may be time-bound. Big requirement could include a KYC. But I have a hunch that the casino might even just hand-pick those eligible players.

It is a necessity to have these pre-conditions to ensure that the casino will not be easily be disregarded by the player as it potentially lessens that risk for the casino.

But casinos are unlikely to implement that because they have no guarantee how losing gamblers will pay it out. If the gambler uses a credit card, the casino can charge it to the credit card company so the gambler still pays the credit card bill and the casino can get the money at the end of the month.

And, of course, casinos can impose more complete requirements than usual because this concerns the money gamblers use first to play. Either this is a good idea for the casinos or they will stay as we know it.

And the casinos will definitely think about this before deciding and will find out the idea's advantages and disadvantages. But I feel the casino will not use this idea because it is too risky to apply to its members.

Asking him because you are interested on the topic doesn’t make you disrespectful to him regardless of his age. You knew exactly that playing in casino needs a cold cash because money is what being use to bet there. There’s no casino that allow debt unless he is playing on underground/illegal casino that giving credit to there player because that’s the kind of casino I only knew that offer this one because there’s one in my country.


It’s not possible if he is playing on licensed casino but possible on casino that I mention above that’s why it’s important to ask this question directly to your family friend for whatever reason you have in your mind for being curious about this matter.

This is the big flaws of this feature since we don't know if the person borrowed will surely pay and to dangerous if those loan defaulter will just try their luck to win and claim some money on their winnings and doesn't really have plan to pay. Loan defaulters always do that and for sure they will be targeted by those people since this feature is prone on more abuse. That's the reason why we don't see this exist since this is bad on the business and might create big issue on their company.

It's possible in some small and corrupt countries where law doesn't work as it is supposed to work, I briefly know what happens in that case: Imagine a small city with a population of 100K and there are multiple casinos out there. You live in this city and decided to gamble, you lost money but got excited in casino and want to gamble more, this is the case when some people in casino come near you and offer you money to gamble, these people are real criminals, if you lose money and can't pay them back, then they'll threat you, make you sell your house or the final verdict, if you can't pay back, is death. I have heard such stories but I assume this doesn't happen as much today.

I have only seen play today and pay tomorrow casinos in movies and heard that there are such illegal casinos only. If a gambler is a frequent visitor and already have lost a solid amount of money, casinos owners can allowed him to gamble in debt, but % he will have to pay back are astronomical. Such casinos give money, but force to play only in their casino and play right now. As to legal method, I think not a single casino would allow to play and pay later, and online casino will never allow to play under such circumstances either.

Casinos won't allow gamblers to play and pay later, unless they have a guarantee, a collateral to take in case the gambler doesn't pay them.

However, this is a rare situation, I suppose. On most cases debt comes from non-paid loans taken by the gambler from a banking institution or from a loan shark, although it can also correspond to credit card's debt.

In this particular case I think it's unlikely to be a credit card's debt, because 60,000$ is a lot of money! What means your friend must be really wealthy to have access to such limits!

Yep. I've known a lot of people personally in my circle that have done that in the past and it took them a long time until they're able to recover. They're not good in their finance and they think that it's okay to use their credit cards for gambling or even borrowed money. Such attitude toward their own finances will make them drown more in debt and we all know that when someone's in total debt, it's gonna take time, or even won't be able to recover from that situation. Those that think that they'll be able to get out of it then that's good for them but why borrow and have the burden of paying interest if they can have the cash and telling people that they're able to pay it. Save it first and have it gambled later on so that, you'll save from the interest and that burden of thinking they've got debt to pay is more stressful added with the possible losing streak.

Yes there are like that in offline casinos, and its called loan shark or accredited lending by casinos, offline casinos are like that as long as you want to play they will let you give you a credit line they made you sign a contract or a promissory note, they are willing to do that because casinos know you personally and they know your financial capability.
It's better to play online than offline casinos because on offline casinos even if you don't have funds anymore, casinos are open to give you a credit line, as long as you you will sign the contract.
I have seen and read about people who go bankrupt because of their loans from casinos.

Maybe, here we often talk about the risks and frequencies that occur to someone who gambles online or offline with the money he has lent, that's something bad that we can never imagine.

Borrowing or using other people's money to bet gambling, it's like tying a rope around your own neck, there is no guarantee that every casino will pay 100% when you place a bet, only luck really favors the gambler.

All of us are aware, if you really look at the real world, people who are involved in gambling, what percentage do you see who are rich in gambling, maybe 1% and even that if there is, but mostly 99% have problems, so gambling is someone's right, there's nothing wrong if they want to do that, but consider the source at stake in gambling, if you consider a safe source, of course you also get peace, whether you win or lose.

Never heard about casino with play and pay later feature although this kind of system is now popular in e-commerce.
IMO the only possible things why your friend is having gambling debt is that there is a casino that let players to play with credit card or maybe your friend know the owner of the casino (close friend) or the casino is accepting collateral from players.
The most possible thing is that your friend took some loan outside and he considers it as gambling debt which means that the debt is not in the casino but in other places.

Paying later is something that is impossible to do a casino in my opinion, it will only make finances in the casino worse because surely many gambling addicts will take this service by forcing themselves, although it can be well obedient but not an effective thing because Kasinobukan financial services.
If it is forced, there is certainly a guarantee that is asked by the casino as a condition and conditions for paying services later, but I cannot think of what can be guaranteed to the casino as a gambler.
Although it can be adjusted to a certain account ranking, but I will doubt if it is true that someone can run away to take the loan and not return, or use it on another gambling platform.

Of course that is the biggest threat to the casino itself, for their data addicts for them to be very cheap and admire it worthless so most likely they do not care about it as a guarantee, especially the gambler is in a different country with the casino center, at the beginning They borrowed a loan of $ 1,000, and then the gambler did not return it, and it was impossible for people from gambling following people who were far away in their area, because they needed more than $ 1,000 to go if they knew the gambler's address. And if the word that committed cheating is more than 100 gamblers, surely the casino finance will be very drained and then bankrupt, it is a bad choice.
And yes, most likely customers who cannot pay loan bills, they can easily ignore them.

Pay later option is not available in any casino which is regulated as far as I know so the debt he was talking about loan he took to gamble and said he owe 60K to casino but actually the bank or lender whoever lend money to the person.

Whereas it's available in unregulated casino and especially in countries where gambling is illegal but there are service providers who take risk and operate it and also provide pay later/pay in other ways to the known persons.

One thing I can assure you is that if you gamble by taking loans, you will undoubtedly end up in a crisis.
While you might experience occasional success, consistent borrowing and subsequent losses will lead you into trouble.
Not only will you lose what you already have, but you will also accumulate debt that will require hard work to repay.
This situation is highly unfavorable, and many individuals have already encountered it, which is why it is advised to only bet what you can afford to lose.

on the other hand the casino dares to take the risk of letting someone gamble pay later, that's because of course that person uses a guarantee of valuables or whatever makes the casino owner believe to give a loan or gamble pay later.
with other things, as you said, maybe the person is too familiar with the gambling owner. but that does not apply to online gambling.

No it is not possible. And no right thinking casino would implement this this because it will be bad for the shareholders. Gamblers already have enough of debts to pay and allowing them to play now and pay later is the ticket to depression and possibly suicide because I imagine what the debt recovery strategy of the casino would be in this case. Casinos is a place to come spend your money and have fun it is not some microfinance bank that funds the habit of gamblers.

Never heard of such, and even if there be, I think it's plain stupid, cus I personally will play on the casino, and if I don't Win, I will never return to pay the money, I will just go and start gambling on another casino maybe outside where I live.

@op, if what the said dude told you is true, then I think it is imperative to ask him how he came out owing a casino to the ton of 60k dollars, because I do not think there is any casino any where in this world where gambler can gamble on credit, and pay later, he possibly borrowed that money from friends, relatives somehow.

Would be highly unlikely for an online casino. however, it looks like what you're talking about in this thread refers to land-based casinos. or, illegal casinos. yes, as far as my experience goes, there are several land-based casinos that will lend you money, but with certain conditions. for example, you can pledge something as collateral. however, not all land-based casinos enforce it. yes, at least, as far as I know and based on experience. however, there have been a lot of changes now and I don't know about it because so far we are more inclined to gamble in online/crypto casinos.

well, it could also be if your friends or family gamble using a credit card. it seems, what your friend meant was referring to the things i said. However, actually you can ask in more detail what happened and how he got into debt. the problem is he is older or not, if you are his closest person you can ask him. well, it seems this case will not be solved unless you ask him directly. but as far as we know, neither online casino nor crypto casino lends money to its customers. moreover as you said in the title of this thread it seems highly improbable.

Some casinos in North America will run a credit check against you and give you credit to play with.  That's mostly just for high rollers though.  I haven't seen it done too much but owning 60k in gambling sucks no matter how much you have.  That's crazy gambling on credit.  No easier way to flush your life down the toilet than credit gambling lol.

Totally a stupid decision if someone who's addicted to gambling will result in this. We saw how gamblers who have gambled and then used loan money for their gambling activities, they've never been trusted again. But with such condition, I don't think the casino will just allow it without anything in return to them knowing that there are also nasty gamblers that won't pay them if they hand the money and allows them to gamble freely and easily.

Yes, much better to ask him and it's also possible that he's just trolling him justifying that gambling with credit is such a good thing for him and just reversing the psychology on him.

For sure it would be some sort of VIP kind of exclusive offering about having that credit options which you could really be able to make use if ever the casino would be able to verify out that you are really that capable on paying up those amounts later on but for sure it would really be situational but sensibly speaking that no business would be offering this kind of thing on which this is a business and its not really that shocking
that they would really be providing some money which could potentially be a reason for them to make some winning which would really be causing up some deduction of their revenue and no business would really
be doing such thing unless if they do see that you are a solid or loyal customer then they might be having some consideration but if we do talk about those normies then for sure you wouldnt really be getting any chance.

Generally speaking  about using up your credit card on doing gambling is suicide and this is something that you would really be needing to avoid as much as you could because it is really way too risky.

Since casinos are aware of how gambling works and how debt-ridden gamblers may become, I don't believe any will permit borrowing and lending. We already know that borrowing money to gamble will never be the best option. We can't afford to lose these funds, therefore gambling with them will be a major risk.
I agree that you need to have questioned your friend because that sum is not small. If casinos made such an offer, many players would take advantage of it, causing them to suffer severe losses. If casinos ever start allowing borrowing, more gamblers will undoubtedly develop gambling addictions.

Gambling venues will never lend players money because they are not banks. They only want to benefit from user money without any business debts. Chances are he got a loan from someone else and used it for gambling. apparently, he was so addicted that he had to take out sizable loans to gamble.


That's pretty crazy if he's playing on a credit card and getting loans just for high rollers. $60k is certainly a considerable amount, but it will certainly be picked up by the casinos again. Providing loans with credit cards and taking them back, but the gambler still has active loans and interest. this becomes a pretty crazy loan.

Gamblers are free to use their credit cards when gambling, but I have never heard yet gambling casinos that will offer loans so you can play and gamble with their site. Yes, maybe if you can go to physical lending offices, but never in gambling casinos. But maybe if this is really happening in other country, then might as well be adopted soon by other local gambling sites. After all, this is another strategy so that gamblers will increase their loyalty on the gambling casino and will be more attracted to play more so that the casino will benefit from them.

Physical casinos will offer you a credit line, so it's either that with your friend, or he took a loan from the bank. Some people take loans from their friends and he could've borrowed 10k here, 10k there, some from close family, some from mates he was playing with...
The only pay later option that I know is in illegal poker places or sports betting dens, where you let them copy your ID and get cash. In some you can even fence valuable items, but if you don't pay up in time they're going to show up at your door.

Not only on credit cards but if you are a loyal patron of a casino they can give you a credit line in the form of a promissory note especially if you're a high roller, they will give you special treatment and one of this is a credit line, this what makes playing in physical casinos risky because you can play as much as you want and you have an open credit, now if you do not have control of your budget on gambling you'll gamble more than you can afford and this is where you get wiped out.

Pretty much the same to the like loan. It's a system that being used by some ecommerce. The buyer who take such feature already agreed to take loan from the ecommerce first to play the goods that already bought.
It's possible to use creditcard but this is not a recommended way since you will also need to pay hefty interest from what you have done with your credit card.
The interest will make it even tighter.
Since gambling required money and that's a must to have money first.

This is an interesting concept- play and pay later casinos? I really doubt that casinos would implement this kind of idea unless they have your card details where they could charge you with payment if you failed to pay them at a certain date.

If this kind of option would be implemented, lots of gamblers would try to circumvent this option by creating multiple accounts with fake IDs  and bank information. This can also lead to nightmares of potential conflicts and problems in both sides.

Though this kind of idea may seem interesting, I really doubt that gambling companies would implement this unless you are an avid spender and this was a privileged granted to a loyal gambler.

Yeah, this is a normal scene in the physical casinos but none with the online casinos. Personal loans are more proliferated there because they can easily do that with the belongings that they've got as a collateral to the loan that they're taking.

And it's much easier when they've got records there and people do recognize them as they're an often visitor and gambler.

This is like the one that I know of, if you badly want to take a loan and you've got no belongings then like a quick sign and verbal talk and all is done in split seconds, they're also typical shark loans that will come to you if you want to escape from that obligation.

No they wont and it would never be. How come they would be having in mind that they would be lending someone just to play into their own platform? Just like those people been saying above that there's no point on doing this.
No business on their right minds would really be doing such thing on which it would really be just right that they would really be sticking into that safer spot.You wouldn't really be a dumb owner on giving out chance
for someone to play and having the chance to win? Can you afford on giving those winning amounts just because you had funded them? You're out of your mind if you are really thinking up this way.

For VIP privileges then it would might be that be given but if not then it cant be possible.Play now and Pay later? This isnt something like buying some liabilities or goods.  :D

The only way I've ever seen people being able to borrow money to gamble, is a casino loaning out money to a famous/rich person whom they know for an absolute fact is able to pay them back, or that they have assets for collateral.  Even then, this is probably typically some behind the scene's type stuff and I don't that it get "published" all that often.

I'm not an expert on this matter, but I'm pretty sure if he owes that much in gambling debt he probably is using an illegal gambling outfit or bookie.

These kinds of services are usually only available privately to existing VIPs, who have already wagered a large sum consistently over a long period of time. These services are death traps, they are designed to chain you into their system and eventually convert a person into an income asset, where they have to work off their debt to be able to recover and ruin their lives doing so.

If you find a service like this without being a VIP, it probably isn't legitimate. Even if it is, you would be irresponsible and playing with fire by trying it.

I think casinos allow it depending on how much they actually know about you? Doesn't even have to be a VIP system sometimes, if a casino knows you're a regular, spends a stable amount and can afford a debt, they'd probably give it a go signal. To make things more sure they'd probably ask for something like a paycheck to make sure you can actually pay something.

Maybe even a contract, which is what I'd probably look for if I was personally looking for one. Now if a casino offers you one though, then do due diligence. Any contract, not just in gambling or casinos, can suck the life out of you after all

I haven't found a pay later feature at any online casino that I've used to play, maybe it's a good idea to ask your friend directly what made him owe so much money even though he is older than you but if the question is asked politely I think it won't be a problem, maybe he's not playing at an online casino but it's like a bet between individuals and he's as the losing side.

I imagine if a feature like pay later was available in casinos, account verification would be more difficult than basic-level KYC, but I can't imagine how much damage a player would be in if he could find an online casino with such a feature.

Players only need to log into their account and start playing without the need to make a deposit and if they lose, they will experience a bigger loss than what they suffered because there will be interest on the debt that they have to pay, and usually the interest from pay later service is greater than the credit card, why? because getting this service is easier than a credit card service, and the interest is bigger than a credit card I experienced it even though it wasn't in a casino but in a marketplace.
When using this feature will make players more out of control so addiction will be easier for these players to get.

Primedice and stake has a forum and long time ago there is a section for loans where gamblers can borrow money. Cool isn't it? But it looks like a curse at the same time because we know where it can mostly lead. I don't exactly know how it works, I mean what is their terms but I think it is risky on the side of the lender because the loans can be defaulted.

It's more likely since the borrowers are gamblers unless only if they require a collateral which can be liquidated easily. Online gambling is now very popular. I don't think his friend will ignore that. Even the people that I know who are not a gambler, tries online gambling but they know how to limit their selves.

I am not in support of the his play now and pay later feature or Casino's that offer loans to gamblers. Apart from the risk that the casino is undertaking, it is also of a huge disadvantage to the gambler who is picking up another habit of gambling when they do not have the money to, which is gambling on credit. Gamblers should be able to accept their situation whenever they do not have money to gamble or the money that they have budgeted to gamble with becomes exhausted. It is always dangerous to already spend or use money that you are expecting, getting used to the habit will become a big challenge to you financial life. Play now and pay later options if it exists with any casino should be discouraged.

I think it's hard to find a casino like that after all where there are casinos that provide like that, playing and paying later even looks impossible, but usually people ask for loans from loan sharks to play gambling in casinos and can't play gambling and pay later, that sounds strange to me I am even among all the gamblers in this forum.

But if there really is something like that maybe many will use it and I will also be happy to have a look in this thread and make sure you make a list of any casino Casino names that can give users the convenience of playing and then paying later. but what I read is that people borrow money to gamble then pay it later

I never heard such thing but I do believe in traditional casinos they are having some loans you can do with collateral that's where some people losses their assets because they use it as collateral. I don't think credit cards are being used to play in online and traditional casinos, maybe he is lying? or I dunno why do he need to lie to you maybe he has a debt to you and he just want to make up stories.

Could be that your friend is not giving you the full gist, I don't think there is any casino that will want to give you play now and pay later, where will they have the money to payout players that won games if they allow the play now and pay later, where are they going to have the money to finance the casino and other expenses, where will they also see the money to run the business, that option is not ideal nor real, it will kill any business like gambling. The worst thing a casino can do for you is bonus, they will allow you have a coupon or some bonus to play some games and that comes with a conditions attach to them.

Yeah thats the way some casino in my area operates they actually let some of their regular and trusted customers to play on credit but not on a regular basics because practicing this act can make it a usual habit for that customer. I have only seen a case where the gambler actually forget to come cash and forget his wallet so he book the game and told the cashier he will pay it to their account as soon as he reaches home and the cashier just told to drop his call number so they can get access to him.

In life, there are different situations, so we can not exclude the situation where the landlord of the casino can allow a regular customer to play on loan. Some people don't really care if you spend your money at the casino right away or if you play on loan and then return the money from your paycheck. I'm sure that if there is only one land-based casino in the area, its owner is sort of the boss for the gamblers and he can set his own rules both inside and outside the casino.

I don't think any casino would take that risk. You can always pay later if you use your credit card. That's a job for the banks.

Your last question in bold don't even make any sense. You are asking if you can borrow money without borrowing money. *Mind blown* or... you want to play but don't want the responsibility of paying... either way no casino in the world is stupid enough to satisfy your non-sense demands.

What you are asking is like...

"Can I eat and pay later?"

Which restaurant does business like that? Think!

Casino credit is usually provided to players based on their creditworthiness. In many jurisdictions, it's legal for casinos to offer credit for gambling, but they have to follow some strict rules and regulations. The casinos require individuals to meet specific criteria, such as demonstrating a good credit history, before they lend them money for gambling. gambling debt, in general, is legally enforceable in most jurisdictions, regardless of whether it was incurred through casino credit or other means. If a person fails to repay their gambling debt, the casino or relevant authorities may take legal action against that individual for debt collection.

Unfortunately, there are also illegal methods for borrowing money specifically for gambling, and one such practice is known as loan sharking. Loan sharking involves individuals lending money to others, but in a predatory manner. These lenders charge exorbitant interest rates, often accompanied by threats or acts of violence to ensure repayment. It's an underground and illicit activity that operates outside the legal framework.

I've never heard of anything like that, casino businesses run from what they earn when gamblers lose, if they start giving out loans or allowing players to play first and pay sometime in the future, they would soon be out of business and I don't think that they will follow a business model that can affect their business negatively that too for the convenience of the gamblers.

They might have taken a loan from somewhere and didn't mention it to you and said it in a way that might have made you feel that he might have played without taking a loan and he owes that money to a casino, or he probably used a credit card as you said.

It doesnt really make sense right?

No business would really be giving out some funding support or something that would really be giving you some bullets to play just because you dont like to pay something which it doesnt have any sense.
None of those business owners who are on their right minds on doing such thing.  :D This is why its not really shocking that we cant really see such offering because theres none to be existing because
thats not how business works. They are here to make revenue or make money which if you've decided to take some gamble then its just right that you should spend into it and needs to pay for it.
There's no such thing about play now pay later, because they are really that putting their business into a huge risks considering that each gambler could really be potentially
be lucky on that time which means that if ever they do win big then thats a huge loss for them.

Maybe what is usually done by online gambling is to provide cashback or bonuses on the first deposit, that is a common strategy used to attract new users to continue to put money into gambling. But to apply for a later payment or a loan, will still burden the gambling site. Gambling sites will not take this risk because there will be many problems.
They do business and run business for bigger profits, but those who get the Jackpot are just luck that gambling sites have issued for lucky gamblers. There will be no loss as a bookie, they will always make big profits.

People simply don't get the same thrill from gambling virtual money, or very few people would. The buzz that attracts people to gambling is the idea that they can get rich without having to do any work and maybe find a shortcut to wealth. The reality is that you are not going to be the one out of ten million (or even higher) that is lucky enough to land a life changing sum of money, and even if you did you are probably so in debt like the example you gave, that you probably threw that much money into the casino beforehand and are going to lose it all back to them afterwards as well. Casinos don't offer a "buy now, pay later" - they want money upfront, because otherwise you could just go into bankruptcy and they would never make a profit. If you go into bankruptcy it would be credit card or loan providers taking the hit.

There used to be that section, but most of the people in that forum also came from this one, hence they knew how to ask for a collateral before giving out a loan. That was how they solved loan defaults and ‘trust’ among those that are new but still want to take a shot in borrowing. It was pretty much a great system back then and still a great system now, only if the collateral being provided are easily liquidated and not some shitty crypto that is highly volatile and loses value every second.

These controlled debts are fine so long as the borrower knows how to limit themselves in terms of gambling and spending in general. It’s like a gateway to a lot of things that may prove detrimental to them it they don’t have any self-control.

Losing self control would be the main culprit of everything and no matter on what things you've been dealing which on the time that you would be losing that control then your fcking up yourself later on.
This is why it would really be just right that we should really be sensible on whatever decisions that we would be making. Taking loans isnt bad as long you would really be that responsible.
Be sure on what you are dealing with and some people are really that good when it comes to assesment whether its bad or good but in most cases on which things that we are involved with arent bad as long
we do have that control.

Casinos offering some pay later? How we would be able to think up for any business would be offering like this? Just like the rest been saying above that this cant be possible.
Business are here to make money and not to give or lend money for its users to possibly could able to make money out from their own platform. It is really just that a dumb idea.

^Probably in most cases, when playing at a casino, you are required to use your own funds or assets to gamble. While some casinos may offer credit or payment options, these are typically reserved for high-rollers or established customers with a proven track record. So using a credit card for gambling can potentially lead to accumulating debt.
It is commendable that your acquaintance advises against taking loans or borrowing money. Gambling debt can arise if someone exceeds their financial limits, spends more than they can afford, or becomes caught in a cycle of chasing losses. It is important practice to take responsible gambling and set strict personal limits to avoid falling into such debt.

Let us say that some casinos do appreciate the loyalty of their customers and it's like a limited offer and feature for those that they've seen being loyal to them. But we do know that gambling with borrowed money isn't going to take you any longer and it's a plus that it will only give you more debt including the interest. When we've got money that came from loan, we tend to just spend it because we're thinking that we'll even pay the interest of it and there's an urgency of spending it as soon as possible.

As far as I know various gambling and casino platforms do not offer any gambling loans. I have seen many gambling sites that do not have such facilities or have never heard of any platform offering such loans. Of course, in order to gamble in all casino platforms, you have to make a deposit first and then you can place bets. As far as I can see your friend may have added a credit card or debit card to some casino platform due to which he was able to borrow from there. or it could be that he took a loan from a bank. He later made a deposit on the casino platform and he gambled and won the bet. This is likely because a gambler has no qualms about taking on debt when he becomes addicted to gambling. Maybe it could be that your friend has taken a loan from someone but you don't know about it.

Even thought with that for sure a casino will not let their players to lend money on their platform since they know the risk for not getting paid. Maybe a loyalty bonus will be given to their loyal costumers but not a loan since they might get a lot of defaults especially if there gamblers cannot afford to pay the money especially when they already lose everything they had. Also much better for a player not to think about taking loan since this will never result any good and this put us on huge risk to get bankrupt.

I do not think I have ever heard about this concept. I have heard before about whales in Las Vegas who are allowed to gamble on credit because the trust the casino has on particulars clients.
Nevertheless, even if some casinos offered those plans for people to gamble on credit, I would not advice anyome to fall in the temptation, if the person starts to develop gambling addiction It can only end up in financial ruin.  :(

Gambling on credit is supposed for millionaires and whales, let us keep that in mind.

Cashbacks,lossback or  rakebacks or whatever it would be then it is really a common promotion on which it do really give out some part of your losses which is something interesting but we know that these are just way too small because gambling sites or platforms cant really just give out that decent offer and if there's one then people might be that interested but these promotions arent that much generating such interest.
If we do tend to look about on having those pay later then how the casino would really be asking out if ever a certain player would lost up its entire balance into its wallet?
As long there would be some worthy or solid collateral then it would really be just fine, just like on the basic concept on taking up some loans from person p2p but if there's none
then casinos are really taking up soo much risks not only on losing money but also in other aspects as well which i had mentioned above.

I don't think most banks will allow that form of transaction where credit or sort of pay later can be used at casino platforms.

Gambling is one of the services that credit cards won't entertain as valid transaction. Just imagine the number of possible issues that the bank can face if they will allow using credit cards on gambling sites such as fraud, chargeback, authorization issues, etc.

The casino itself I believed won't also allow that kind of transaction. If users don't have money, then don't gamble.

There are casinos that accept credit cards and these are some of the partial lists
https://www.letsgambleusa.com/online-casino/credit-cards/

But they don't recommend credit card transactions because of the very high processing fees some transactions range from 9 to 15.9% so these casinos recommend the use of Cryptocurrency for fast transactions and lower fees, these are the reasons why the majority of casinos now accept and promote the use of Cryptocurrency for convenience for both players and the casinos.

You always have to come with something on your pocket when dealing with a casino, business is a business. I think that family friend of yours was either used credit card or worst he loaned something and just kept it secret to himself. I think it's impossible to have that kind of scenario, a debt was someone's lack of resources or if he/she just faking this debt.

This doesn't seem to be the best business model when it comes to gambling in my opinion. From my personal experience I never met a casino that offered me to play first and pay later. The main issue I see here is that how can the casino know that you are good for the money they lend you? Especially online casinos people could just take advantage of the borrowed money, try to make a profit from it and if they lose it all just disappear. It would take a long time for the casino, to go to a local judge and try to get your money back. And in case you are already broke before gambling the casino might never get their money back. From what I heard is that people who use borrowed money usually get it from different sources and not the casino itself. Still the idea to ask my friends and family for money that I would use for gambling is not acceptable. One of my main rules for gambling is to only use money that is my own and that I can afford to lose. Another thing for the casino is that if they only ask for money later from the gamblers they could get into difficulties when a large number of people want to withdraw their funds. The play and pay later option is probably only for the regular customers that are known personally by the casino.

They discourage to use their platform to use it on casino how much more if the user will use the reason to fund his gambling activity for sure the banks will automatically decline the request. Also other financial institutions will not allow this to happen knowing how risky those idea that they use it to gamble for sure those people do that cannot able to pay their debts. I do hope no person will take this as last resort since they really want to gamble to satisfy their gambling needs.

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Very reasonable, I have also never come across a casino that provides this service, because where would they believe that users will refund their money when this feature is provided. In short, sometimes it's difficult to apply for a loan because we have to meet the terms and conditions provided by the company. The casino will not take that big of a risk to provide a service like this, it's tantamount to giving away their money in my opinion. And I also don't think what kind of considerations do casinos have when they give out credit like this.

I can't even encourage a gambler on such offer because it's a bad idea to support or sugget someone to taking loan and be in debt, they will never be grateful to you if they ended up being unable to make a repayment because they believe that you're the one that push them into it, they wouldn't have been into debt, same applies for the rich gamblers who think they have money, they don't need to go off their limit just to gamble and lost the game and later finds it a regretting experience, some have been once rich and turn poor because of gambling indebtedness.

It's a business and they'll for sure going to add some twist with the rules upon granting a user a loan. But most likely, they'll just put it through some wagering requirements and they'll only use that as a typical bonus that one will like. Well, whoever thinks of gambling now and paying it later, what do you get from it? The enjoyment and chance of winning but you're unsure on it and there's more emotional satisfaction on it even if you don't own the money yet.

Once cryptocurrency casinos permit a play now, pay later system, I have no doubt they could perhaps experience unforeseen losses in the event that more players fall for it and find it difficult to pay back their loans. We all know that the only thing that can make gambling addicts quit is a shortage of funds, but if there were such an opportunity, they would undoubtedly seize it.
Gambling addicts will just use it as an excuse to sink further into debt as well as into addiction. It would be wise for them to establish restrictions in the event that they choose to put them into effect. They should also review the loyalty and wagering histories of their players so they can at least determine whether players who take out loans will be able to repay them.
However, it will be too risky for players to gamble with borrowed money because there are only two possible outcomes in gambling: either they win or they lose, and if they ever experience losses, they might only end up chasing it simply to recover and would have funds to repay their borrowed capital.

Maybe if it was a loyal customer in the sense that he was a big buck, the casino could offer him that because if he loses, he can still pay off the loss from his credit or debit card.
But not for people who never or rarely use big money to gamble because the casinos don't know how to pay for their losses.
After all, it would be very risky for the casino because the casino could suffer huge losses, especially if the gambler couldn't pay for his losses.
This is not recommended for people who gamble on credit, especially for those who cannot control themselves while gambling.

Never heard such like that. You can only gamble if you have your cash on hand or credit card that you can use to pay and play online. But if ever it’s really happening, I don’t think it’s a good idea for new gamblers as it can only trigger gambling addiction because gamblers will always see opportunities to gamble regardless if they don’t have the money to play the game. Furthermore, it will only makes a gambler more drown into debt as they will always see it as an irresistible offer that they might only regret if they lost the chance.

While I agree that we should not suggest anyone to get in debt and even less if the intention is to use the money to gamble. In the end, it is not only matter of losing family and friends but also be educated adults with the capacity to take our own choices.

For example, there will be always gullible people around us who would offer us to join some squeme which is an obvious ponzi, but you would likely refuse to join, that is the vital and important part, to give a good use to your own will and sound mind.

Exactly. I don't think it's possible for online casino to use credit cards to be able to gamble unless we're talking about physical casino whereas it might be allowed specifically for their loyal clients.

Anyway, for me it's not wise for a casino to implement a feature to play now, and play later because as we know casino is a business. So if you have no money to gamble then they will let you to play first and then let's say you lose, how can you repay the money? If to begin with you have nothing. It can only cause more problem like debts and addiction. Hence if you have no money refrain yourself from playing and don't take loan just to gamble because it's not a good idea.

using a credit card for gambling is also not the best way because it has a bad effect in the long run. someone who gambles pays later using a credit card will definitely continue to come to gambling because he thinks he can be paid using a credit card guarantee. the situation will be very different if you gamble using money because if you gamble using direct money, you always think about the money you have saved, is there still any, but if you gamble, pay later using a credit card guarantee. too much and his life will be ruined.

Maybe he was not gambling in an online platform and was using a land-based casino and maybe they provide loans to their loyal customers that they can pay later if they lose or repay it back right at that time if they manage to win with the borrowed money. I'm not sure if that's the case but it is a scenario that could be.

Land-based casinos offer a lot of benefits and stuff to their loyal and high-rolling customers and I've heard this a lot, sometimes hotel rooms, free dinners, and many other things, so maybe providing loans is also one of their options.

For wealthy gamblers who have reputable names, maybe land casinos will provide these facilities because there are guarantees and benefits that can also be obtained, but it needs to be underlined that these facilities cannot be obtained by all gamblers who play at land casinos.
Gamblers who get this facility will also feel happy to the point of becoming loyal customers who are willing to spend large amounts of money playing there.
Regarding lending money given by the casino, it is actually an agreement between the dealer or the casino owner for gamblers because usually this kind of thing is very risky for both parties.

By the way, if online casinos can provide loans, even if the amount is small, it can make gamblers more loyal and at least gamblers can stay longer at the online casino to continue the game session. ;D

That's a way the casino will bankrupt ASAP because there are many abusers are want to make money from casino. We have seen so many people are taking advantage over welcome bonus, promotion, or contest, it's actually used to attract new people. But those people will trying to find a loophole to able beat the requirement or minimum amount to withdraw.

Besides even if a casino wanted to offer this service to their clients it will immediately be seen as some sort of predatory tactic against the most vulnerable gamblers, so if you think about it doing such a thing is very bad idea for online casinos, as the person asking for the loan could also be at the other side of the world and it could become impossible to recover the money they have loaned to them, besides casinos are so successful already that I do not see them taking such an additional risk when they do not really have any reason to do so.

Technically, all casinos basically work like this. Since no online casino pays out immediately when requesting a withdrawal. They all do everything to delay the payout as long as possible. But pay and play casinos have a good concept, only online I would not dare to do this. Then you would better try your chances in a physical casino, I think you have more chance there and you will at least be paid fairly and neatly that way. But online gambling is of course accessible.

You took it wrongly. He meant as in he'd be allowed to play first before paying for the tokens/currencies he'll use in order to gamble, which is just non-existent in this industry because it's bad for business. As I said in a previous comment, the closest OP could get to a play-and-pay later casino is if the casino he's looking to play in allows the use of credit cards, which is aplenty in this industry, but the responsibility of charging you the payment now lies in the bank and not the site. And of course it harbors the risk of inducing gambling addiction since now you're feeling like you can gamble all you want, since you can "pay off the credit anyway later" but you'd never realize how massively it compounds in the process.

In short, this feature won't exist in casinos given so many possible negative effect on their business.
I don't think these gambling sites will offer such loan feature to their players, never heard this among gambling sites anyway.
Expect that there will be abusers if such system exists. They are here for business not to be bankrupted by abusers.
They may recommend third party lending sites but not within the gambling site itself. We all know that a lot of gamblers are deep with their debts.
If these gamblers can't pay, they will be the major cause of the downfall of the site. Thus, gambling sites won't offer such services.

Isn't that the casino want's? For people to become addicted in gambling because it also means that they spend more money in the game? Gamblers that are involve and their relatives can blame the casino but this is only normal and it was not their fault. Why would the gambler end up in jail if they lose all their money?

I think you are thinking too advanced. There is still a way that a gambler can pay his credit. If in case they can't pay it, I still don't think that they will go straight in jail but it does not mean that people will now abuse borrowing money. There are still players left even without these gambling addicts but the casino's income will still be affected drastically.

I am not sure how regular your friend was in there but big spenders that come back regularly probably have some credit in some physical casinos where you can even get to know the staff. I know that there's a team following big spenders and it just serves casino's interest to give them credit so they keep on playing. As they know they are good for it later.

Then there's obviously credit card i can use, but regular guys would be laughed out from the casino if they started to ask about loan for gambling.

The casino won't allow sure have a loan without collateral if you are meaning with the deposits and have some delay of it due to transactions confirmation it's allow but in the part of making a deposit and pay later seems quite impossible without a collateral or confirmation for example in the card the casino allowing the card payment and pay later there's a chance that's the card get declined and that case possible the player already losses a lot of money it's not a win-win situation for the casino. We cannot neglect the possibility people abuse the system.
Just don't gamble if you don't have money.

No there are physical casinos that open a credit line to their high rollers in the form of IOU contract, besides the many loan sharks in the casino, that is why it's so risky going in a casino alone because if you lose and you want to continue no one will stop you or control from going to loan sharks or from signing a loan contract, physical casinos want you to continue gambling that is why they offer this loan contract, but they can only give this to their VIPs and clients who are very well known by the casino.

I was very surprised to hear this honestly. After seeing the post I was like "why would a casino offer loan to their customer except promotional activities?" But I see through now. If you are loyal, good customer that doesn't cause issue to them, they may offer you that kind of service. I don't think it is necessarily evil thing. Its more like offering some good customer cash. Everyone would obviously laugh at regular person just going to place and "why dont you give me loan so I can continue?"
I also thought that casinos may strike deal with banks for advertisement purposes. Bank gets new customer, casino gets more money etc.

TTo be honest, I've never been to a physical casino, but I've often seen it in movies where when gambling at a physical casino there are always loan sharks to lend money to gamblers who lose and run out of money, usually gamblers will borrow money and pay later when they win, but the fact is gamblers will always lose, that's how the physical casino system works, that's why I always play at online casinos because I won't be tempted to borrow money from moneylenders to play gambling.

Always make sure that I have to stop when gambling has exceeded the daily budget because if I continue playing it would be tantamount to causing me to lose and lose even more money, after all, don't play casinos if you don't have money let alone borrow from loan sharks, I suggest you never do it That,  ;)

There is the big difference between asking for credit to your bank and asking for credit to a casino. The banks have a better understanding on your spending habits and credit score. Legally, I do not think they can share that personal information to casinos, so the latter ones are supposed to do their own research on you from the beginning and determine your credit score by their own.

Both the bank and the casino wants you to pay back, one asks for money in interest rates and the other one based on your bad luck. Better just to stick to debit/Bitcoin and not ask for credit to gamble, unless you filthy rich, imo.

I think thats exactly the way most physical casino over here in my region actually operate and I believe it to be a general thing because if a customer keeps patronizing a casino and he well known on his huge spending, the staff and the management, I think will probably allow him to play on credit because he  sure contributes a certain percent to the growth of the casino and he is guaranteed to pay since he alway plays in that casino but denying him can lure him to another casino and will result to a potential loss for the casino.

Yes, I don't think that there physical casinos that operate in that business model, the pay later scheme. However, there could be some casinos that are willing to give some players money to play specially if they are considered big whales.

Another might be that there is some sort of individuals inside the casino itself, it could be legal or illegal, who lend people some money, we call it financier. I have seen that in our traditional based casino many years ago and I think up to this day, this kind of individuals still exist. For sure this kind of people are very powerful and could be sort of mafia like group because if you don't pay, you know what's going to happen you to. And most likely it's going to be a loan shark percentage.

Casinos or their managements are basically not crazy or mad to give away loans to gamblers without any gain for themselves and allow them to use the loan and get away without paying it or anything of its equivalent. No one in the world would give a loan to someone they don't personally know without collateral that can be liquidated in case the loan defaults.

If casinos start offering loans, they will surely have a system where a person cannot just take a loan for free, gamble it away and sign out from the platform and that's it. They will probably ask for something as collateral for the loan so that the borrower doesn't default.

Usually, the collaterals are expensive watches, and if they have a car, they can accept it as collateral all they have to do is to sign a contract that they are giving their car as collateral, so gambling addicts fall into this they are deep in debt because if you're a high roller they can give you a special loan and your expensive belongings as your collaterals.
It's not really play and pay later its giving loan to compulsive gamblers.

Online or Physical, there would be no casinos would be offering this one unless if you are some sort of loyal customer or would really be a VIP or some sort of whale on which the management might be able to

consider out such request but for most cases or typical stuff, they cant really be just having that kind of opportunity to be given into its users. No business would really be putting themselves on huge risks.

Just like on what been mentioned by some users that if they would be granting some funds for people to play then they are really just simply giving the people on having chances on winning against the casino
which this is something that we dont really like as an owner. This is why it is really just that a crazy idea that you would be applying this kind of stuff on which you do know that it could put up the business
at risks or something like this.So this kind of idea doesnt really have any sense because it cant really be given out into users who do tend to gamble and make some advance funds. lol

And since this is so complicated to do online then this basically guarantees that we are never going to see something like this implemented by online casinos, now physical casinos can do something like this as they can ask for the documents of the gambler and a collateral, and with the appropriate use of lawyers then they can do this, still I think we should consider ourselves lucky this is not possible online, as if it was possible it would not surprise me if a great deal of people lost whatever wealth they have built over the years due to those policies.

And what is with "gamble with the money you can afford to lose"!? If you are taking a loan for gambling it means that you can't afford to gamble...

One way or another you "owe" to someone... depending on circumstances the interest can be lower or higher, and collectors can be pretty different, it's not good to owe money to some people.

Simply said, don't even think about "playing and paying" later. We are talking about gambling here, things can escalate pretty quickly, in the wrong way of course.

I can see that some gamblers are so relaxed and finds it a convenient thing to do by going into taking loans and later be running helter and scelter to payback and their creditors also chasing after them everyday, for how long are we going to wise up and wake from this slumber, if you don't have money must you then go against your wish in taking loan that may put you in trouble and always be in debt, life is simple but many don't make it simple for themselves.

I haven't found any gambling site that can give loan to gamble. Any bank can give me a conditional loan if I do any job or I can get it using a credit card. But I don't know if there is any site where I will play with loan and pay later.

In gambling one should never gamble without own money. Betting with money that you are afraid to lose. Gambling with any kind of loan means inviting danger. Any person who gambles with a credit card or loan in any way will be destroyed. Gambling is never acceptable because they consider it as a source of income. Loans are usually somewhat time-consuming, but when a gambler loses a gamble, it may take less than a second to lose the loan amount. A gambler can enjoy gambling as long as he has his own money but there is no value in gambling with borrowed money which can lead to ruin in his life.

They may feel they can repay the loan even if they have to run helter-skelter to repay it. But it would not be a good suggestion to take out a loan because, after all, we use the money to gamble, so using a credit card can make us forget to stop. And that is a debt that we must pay to creditors, and the amount may exceed the credit card limit. And if that happens, we can be fined, and if we don't have the money to repay the loan, we will have a hard time. So it's better to use the money we can afford to gamble and not think about getting a bonus by linking your credit card.

What if the loan amount is still small and within their capacity? And the reason why they took a loan is they can not wait to play anymore but it does not mean that they already lose earlier. It's just their urge to play a gambling unexpectedly kicks in. Borrowing small amounts of money should came up with smaller interest but the higher the amount the higher the interest as well.

IMO it's not bad to owe someone else money but as long as you are going to pay them on the designated time so that no hard feelings are going to be felt and nothing bad will happen to you because some people doesn't have a long patience and they might do a revenge eventually.

Lol. Never heard about such a concept, maybe it is possible with special promotions offered by casino management.
It is not something people's life should depend on, so I can't see the reason why some people think it is necessary to have "play and pay later" casinos.
Maybe taking a loan can be the next easy alternative to this concept since it is easy to get one-click loans thanks to today's online banking apps.

Taking a loan outside the casino, yes, that's possible. But within the casino itself, nope.
Never heard that as well. Their business is gambling and not a lending company.
So as much as possible, they want cash flowing in and not flowing out.
I don't think any casino would offer loan services to their players. Hence, we have never heard such offer from them.
But you can definitely take a loan outside, like in banks, family, colleagues and other online loan apps.

I also have not heard of any casino loaning their player.  Most I heard is that loan sharks often take advantage of the situation and offer loans with huge interest and this is where most gambler get their fund to continue playing after their bankroll is depleted.  Aside from that people who are addicted to gambling can also use their credit cards to generate funds for their gambling activity.  But never I saw casino offering any play now and pay later gambling promotions.

Loansharks providing loans happens on the traditional casinos only but not online casinos. But it would be interesting to see one online going for it and connect to their users physically.

It will sounds a bit funny but hey they could take advantage of the gambler's weakness. They know some couldn't resist it and asking collateral like their valuable cars or wedding ring.

In a way it is a good thing that online gambling is getting more popular as it is simply too difficult to implement policies like those online, however it would not surprise me if at some point a casino tried to do this and gamblers had to send their valuables to the casino so the casino held them as a collateral and then they extended a loan to their customers in the forms of funds on their casino, however the logistics of such a model are so complex that I think we will need to wait for a long time before someone dares to implement it.

I follow you with that opinion, it's possible but the implementation might take some time as reviewing on how things will be executed and how those valuables can be shipped out unless that particular casino will be available on most places where they can simply accept those collateral and let the gambler to take the loan.

We never know how or if someone will embrace the concept, but if it's doable, then we can expect that it will be offered.

If that's done by the casino and gamblers have to send valuables as loans then what kind of valuables should be sent?
This is the online gambling industry so it is impossible for us to ship goods, moreover every casino has customers from different countries so it is impossible to provide goods for guarantees.
In my opinion, it is better to provide loans to several accounts that have reached a high VIP level and also look at the activity of these accounts in the casino, but there is still a limit to the amount of loans to match what the casino provides.

Before borrowers can borrow money at loansharks, they must go through a very strict verification process because we are in an online world where people can use fake identities to commit fraud. In addition, money borrowers must also provide collateral whose value may be almost equal to the amount they want to borrow. And it can be a problem for borrowers if they can't return the money to loansharks because they will be hunted until they repay the loan. But it will be interesting to see if online casinos lend to gamblers even though that could trigger gamblers to become more addicted to gambling again.

One should not borrow money from somewhere only to gamble because it will eventually start to become a habit, and one should be able to control the urge to gamble if they don't have money at that particular time, and if one can't control the urge, it simply means that they are addicted to gambling, and if that's the case, you won't refrain from taking a loan again once you've lost the previous one.

And if that continues, it can be bad for both the lender and the borrower, the lender won't be able to get all their loans back with interest because the borrower has already become an addict and will surely lose everything in gambling.

If a casino decided to implement this then most likely things like jewelry and precious metals could be accepted by them and then give the gambler a loan based on the value of those goods, now some may suggest that cryptocurrencies were used in this way as well, but not only this would not make much sense as gamblers could use their cryptocurrencies directly anyway, but it is likely many users will try to dump their shitcoins to the casinos and could begin to use them as an exchange instead.

I don't think this will happen in casinos, more likely, they will just send you to a third party lending services.
This is another complicated business to be in, so gamblers should not think that gambling sites will offer such service.
Even if you have your collateral, not strong reason for them to open such lending board. That's just my opinion.
If you have collateral, just go to other lending services if you think you want to avail extra money for your gambling activities.
Nowadays, you will be surprised as there are so many online lending apps offering competitive rates that you can choose from.

Gambling alone carries a big risk, let alone borrowing money to gamble, the risk increases many times over.  many have warned that gambling with money that you can afford to lose, meaning that money ^(capital) is not from your emergency money, not your only money, and not the money you make from bank loans or loan sharks. 

Gambling is an activity full of risks if you don't have good skills when doing it ^{(especially money management)}, don't ruin your life, and be a true connoisseur of gambling without heavy burdens and demands.

For physical casinos it works nicely to hold jewelry and precious metals from gamblers as collateral, but for online casinos it doesn't work, because the costs of sending those physical items to the company (sometimes on the another side of the world) are just unrealistic and too time consuming. Virtual casinos could implement a feature like that, but collecting virtual items only as collateral, what is really hard if we disconsider cryptocurrencies as possible collaterals. Probably they would grab gamblers' accounts from platforms such as Steam, valuing the collateral price through the value of items the account holds in games, for an example.

That's a pretty difficult concept to implement, I'm pretty sure that casinos wouldn't really be interested in taking digital accounts such as Steam as collateral for giving out loans in cryptocurrencies, the accounts have nothing more than digital collectibles that are in-game and most of the time, you can't sell off the items that you've bought in a game, so they are simply only just valuable within your game and has no other worth.

I also think that if something like that was a viable option for online casinos to give out loans to their players and also charge some interest on top, they would have already implemented it as it would obviously earn them more revenue.

Even myself I’ve never heard that offer. Maybe in some lending casinos it could be possible but not with regular casinos. And if ever that really exists, I don’t think it’s a good thing since it will only encourage a lot of gamblers to gamble and play even above their means. That way, gambling addiction will certainly surge high.

maybe there are casinos that allow gamblers to bet pay later but of course with physical casinos and usually casinos will put forward requirements such as leaving a credit card to be guaranteed to bet pay later. of course the surge in gambling addicts will increase very high if the casino system is like this because gamblers have no control whatsoever.

There is nothing worse than gambling in a casino with someone else's money and not being able to control yourself. If you really value yourself and your family, then never gamble on debt, even if you are offered the opportunity. Play only with the money you are willing to part with here and now. Better yet, imagine that the money you deposit is a kind of ticket to the world of gambling entertainment. In this case it is much easier to part with the money after you lose it. If you win, it will be an additional bonus.

And there's no such lending casino until now :D

I think any licensed casino is fighting against of gambling addict since they have a self exclusion feature, if the casino offer this kind feature, this will be against of their gambling addict rule. The casino need to accept people can't pay the money they lose to gamble too, this will harm their business.

I don't think pay later feature in casino is win-win situation.

I think that one of the things that can be done is that in a casino you cannot give money loans due to the danger of bankruptcy, however if the player is made a series of demands under which they make commitments, obviously the KYC would be something hellish, but if there are ways to do it, and facial verifications and everything, I think it would be a way to do it, with weekly or daily payments, depending on how the client wants, in case they don't pay because they don't want to Well, they simply go to the clause where they require mortgage documents or a commitment with the security entities, I think that would be a way, and that obviously the loans are given with the help of a bank, where the casino earns a % for it.

Casinos offer the greatest alternatives to their customers, but they do not go to a high lengths to make their customers satisfied. Playing casino on credit is the beginning of owning debts; it is never a possibility in the gambling sector; not a single casino would be a party to such an arrangement featured; gamblers would be extremely delighted, but this would also grow the huge pending debts in their possession. Banks are recommended for loans when you will have some value collateral if you fail to meet the needed particular period to repay the loan.

No casino would survive with that kind of system. While they may attract a lot of borrowers, the question remains: can they ensure that they will receive the payment? We are discussing online casinos, where most of us gamble anonymously, so the risk for the operator is very high.

I am aware that some land-based casinos have lenders, but they would not easily lend money without collateral. This collateral serves as assurance since its value is higher than the loan, and the interest rates are typically high. These lenders are often referred to as loan sharks.

They cannot even accept giving such offer just to make sure that they satisfy their gamblers, that's but satisfaction but stupidity, because at the end you will not achieve satisfying the gamblers than disappointing yourself, if you're to start a new casino business, you will hardly see someone to lend you money to start an establishement and if you do, then you must have staked down your assets as qualateral instead, so why should you be a loan vendor to gambler who don't have money to gamble.


There are loan sharks and those people don't take it easy with them, they will take down their entire assets used as qualateral if they fail or to make repayment, even to this days, only few land base physical casinos engage doing his kind of offer by giving loan for gambling.

Gambling is a general market and casino is a part of it. Gambling can be done in different manners and if I read the OP's post well, his friend said he owes 60k in gambling not casino. They're multiple scenarios to that and the causes of that, Op should have asked him what kind of gambling he engaged in, maybe out of sympathy didn't remember to drop his response. I would say that maybe it was a peer to peer gambling between him and another person over a game or event that's about to happen. And in such gambling the both parties will provide their lawyers and they'll sign. Unfortunately he lost the bet and he is just obliged to pay the other person 60k, that means whenever he gets the money he'll hand it over to his opponent. That's how I view it as gambling happen in different forms not just in casinos.

Maybe a traditional ones can survive. Because they can make their house as collateral or even their cars or anything that will have a value or increasing value in the future but when it comes to online casino I doubt they will have that because as what you have said there is no assurance that it could be paid on time.

Here I agree with you that only land or traditional casinos can survive because they can receive several guarantees in case gamblers don't do things they don't want such as running away from responsibility.
So far I have never come across a casino online with such a service and I am sure that no online casino does because it is very risky.

I myself, as a gambler, have never wanted a service like that and don't want to exceed my limits by forcing a loan.

If online and crypto casinos wanted, I could see a day where they started to give credit for their users to gamble, perhaps depending on their VIP status and total wager history and if there is some KYC involved since the beginning of the registration on the casino, it could be possible for the staff to find information on the credit score of the person, further helping with their risk evaluation.
 However, since online casinos have not need such system to exist for them to have good profits, it is also likely they won't use it.

Actually, that would be the logical requirements and pre-requisites if online casinos will have that pay later feature or granting their users a loanable balance. However, since the industry we are talking about is gambling, expect that the eligibility of loan requirements is tough and will be difficult to achieved.

Adding to that, the said loan amout surely can't be withdrawn immediately if users decided to convert it to cash, obviously. I'm also sure that there would be a turnover requirement before anyone can convert it to real cash depending on the loan tier.

With that being said, I doubt the majority will still be interested in that feature. :)

It's not easy to take in your point of view. You're making it sound like a $60,000 gambling debt is nothing out of the ordinary. Do you find your friend's massive debt concerning? Well, what about smart betting? It's not just casinos, of course, but we can't ignore this problem! Aren't there inherent dangers in any kind of gambling? The risks of addiction, economic collapse, and social upheaval are too great to dismiss. It's true that no mention was made of gamblers in the post. But isn't the shrugging off of such a massive setback the real problem here? Instead than brushing off heavy losses, shouldn't we encourage responsible play?

Some excuses some people are always giving is kind of funny to me, I don't know maybe you asked the person for money, or maybe as he saw your message he was thinking you are going to ask him for money that was why he gave you excuse, so that you won't be disturbing him. I am a gambler and I haven't seen any online casino that will ask you to gamble and you will have to pay back later, am sure the person is just trying to deceive you. If gambling sites gives you loan to gamble, am sure lot's of people won't be paying back even if they are submitting their kyc. Am just thinking about it because I don't even know how they are going to do it and their customers won't be running away with their money.

On that note, about difficulty in converting or withdrawing it into cash, maybe for some who are really addicted to gambling will bite, but for those who are not okay with that kind of setup, they might not use it. I agree that since it's a gambling industry, the way those casinos will let their clients barrow might be difficult, or might be different from the usual loan that being offered by banks or any financial aids.

If there's potential money making outcome, we might see it, but if there's none, maybe we won't see any.

Casino will never offer this kind of feature since it will be a problem for them once the player file a complaint for a casino letting them lend money to gamble on their own premise.

This topic is already too old while gamblers can always use credit card to loan and convert to cash. It’s same with play now pay later since it’s in a form of debt. I never heard casino offering loan but there’s a lot of lender inside the casino that offers quick loan in exchange for a collateral such as car and jewelry.

No, I do not think there is a reasonable way a casino would lend a gambler credit and at the same time allowing them to withdraw that money immediately.

As fas as I am concern, the casino would likely consider that loan as a debt (negative numbers) and one would be only allowed to use such money to continue the gambling session. If the gambler is lucky it may earn some money which surpassed the credit and could pay back the loan and keep the difference. Casinos are not banks, needless to say.

What you say is very true, there is nothing worse than lending money for a person to start investing or spending it in a casino, because obviously the person will be very Involved in the addiction of a casino, then if his streak is undoubtedly lost All your money will go away, and this is something that cannot be missed , the thing here is that a person who Enters a casino should not go Crazy , they should not lend money, and if they do, they should have the ability to pay, the rest should not I think it is a good Option, not here or Anywhere , much less to put it in Games of Chance.

Just like in our small store business before. We also allow people to shop for goods and they can pay it later on. Some pays longer like after two weeks while some pays after a month. The outcome is not great and our business fails later on. We have no choice but to have that kind of system because our business location is not good enough.

It wasn't placed in a really crowded area but it was only placed in our own backyard where the customers are mostly the people that we already know the most. The same thing could happen to a casino if they implement such scheme. An active flow of money is important because we will also use it to maintain our service.

That might not be an excuse and he had probably taken a loan from somewhere but maybe he didn't want to disclose that, that's why he said that the casino allowed them to gamble and pay back later, or maybe he used a credit card or something and is now having to pay back the credits that he used in gambling? I'm not sure but as you said, casinos don't generally give out loans to every gambler unless he was a loyal customer at a land-based casino and got a loan offer but I doubt they give such offers without collateral.

Even if an online casino decides to launch a program where they will give out loans to gamblers to play and pay it back later, I'm pretty sure that they won't do it for free and will surely ask for something as collateral before they can take a loan because they won't be able to do anything if a gambler doesn't return after gambling the money away.

I agree with you. The return of funds in such a scheme is not guaranteed and depends on the influence of the casino owner and his friends)

It is actually possible to apply a similar scheme in online casinos using smart contracts, as it is done in DeFi lending, but frankly I don't see the point in it. Also, gambling on credit is not a good idea. So I don't welcome either such services or casinos that provide the opportunity to gamble on credit.

Indeed, they will not allow that to be easy though chances might be done if you are really having a good credit stand or you already develop good trust from the owner, though if offshore maybe yes but if online, where things is very different, trust thing is something that really hard to earn, especially if you are dealing with casinos, the facilitator would be more willing to continue without giving any special privileges to anyone as business will be protected to any kind of scamming activities from the users.

This is the consequence of letting someone borrow from your business. In my opinion, small business such as this don't have to add this feature because given that you only have a backyard store, you have a limited capital and source of fund. With that being said, the profit of your small business is what you use to buy products again to make the income flow continuous. Hence, you can't really afford to let your goods be borrowed to be paid later since the money will be stagnant, there will be no profit on your end for a specific time frame. Additionally, you don't even know if they will pay you as soon as possible or if they will only pay if they remembered or want to, since there's no written agreement on this, I assume.

The same way with gambling casinos. They shouldn't really put credit or pay later features to deter those who don't really have money in the first place to gamble. If they don't have enough fund as spare, then do not play or bet. It's not about being greedy or putting up discrimination. Rather it is a form of concern and setting boundaries to keep your business operating and to keep them away from having so much debt they can't even afford to pay.

Gambling when you hqve no money is not advisable, it's never a must to gamble when the conditions attached to gambling as at that moment we are interested aren't favourable enough for us to have an itch free gambling experience by not going into debts, I've seen some gamblers having nothing to fall back on die to the fact that they have spent all they have, borrow money as well to gamble and have accumulated enough debts through gambling and now they have to be running helter and scelter in finding a means of achieving peace of mind.

When gamblers can't control their desire to gamble, people like that can do all kinds of ways to keep fulfilling their desires and that will only bring them even more difficulties because gambling without control usually results will be very bad and if they can win it's just a coincidence but in the end it will only make the money run out because they can never stop.
I am sometimes confused why people always feel the need to gamble even though they don't have money but instead choose to go into debt not even when we don't have money when we don't have enough time to be able to gamble also not good because we can be so rushed that it only leads to mistakes like sports betting which takes time to analyze.

Without going into much detail, I think you must have misunderstood what your friend meant by owing a casino. Not like it’s not possible but, there are contexts to how these can happen.

In one instance,
Your friend could have been able to archive this out of the relationship he must have created with the staff. Perhaps in a bid to save time and continue gambling, he goes ahead to place bets and the staff might allow it out of the trust on past ordeals with them and this time, he eventually doesn’t have the money to balance up his excess.
Of course a casino that allows for such and it must be a physical casino would have a means to getting their money back but, it’s first and foremost on the staff to have allowed such privileges.

In the second instance,
It could mean that your friend only loaned money from some place else to gamble and lost them all. Hence, without going in detail, he just ties the debt he owes to gambling. Thats messed up and a don’t do!

The habit of gamblers when they lose they feel confident that by playing again they will win and return the money they have lost, but the fact is that they still lose because they play with emotion and also play without a controlled strategy, that's why many gamblers are in debt because assets have been sold out and also money that has been used up so there is no other way but to owe.

I think gamblers who are in debt never live in peace because they are chased by debt and are also always in the shadows of the defeat they feel, that's why almost most gamblers who have a lot of debt always end up committing suicide because they don't pay their debts. even though gambling should be played with money, because without money you should never play gambling.

I don't see any reason why someone will believe that he can win the next bet that will lead him into borrowing money,when he doesn't have. Though,this might have worked for few gamblers but it is rare for you to see it. Greed of winning back their loss and not letting go of their loss. This is what will make a gambler borrow money to gamble. Gambling is fun when you do it the right way but when it is done the wrong way it can lead to frustration and depression. Only gamble when you have the money to do so and don't try to chase your loss due to greed. Don't be indebted to gambling.

For those who like to chase previous losses, it is quite a big addiction to the emotions they have, even though it is very clear that if they have lost, then with subsequent wins there is no guarantee to win or restore previous losses, the fact is that all of us who have experienced this experience actually it will get worse because the bet continues to increase and in the end all the capital runs out so they make loans everywhere to play again.

Yeah, living with debt is full of peace, especially if they only spend it in gambling, that's too imposing when things are no longer possible, whoever never makes a loan just for the sake of gambling, unless it's for an urgent need other than gambling, then that won't be a problem.

Maybe we have heard the common words, "gamble happily" in the sense that if you have extra money then you can go to gambling.

No matter how much an online casino trusts you, they will never give you a loan to gamble without getting any valid collateral from you because that will be against their business model and it can be threat to their business because a lot of people will start taking loans and default them and that will bankrupt the casino in no time and they would obviously never be ready to accept that.

That is why, if such a thing was possible, casinos would have already implemented it by now and if there is nothing like that available in online casinos, it simply means that this is not viable solution for them and it won't make them any profits at all.

If one decided to borrow money to gamble, it would be a big mistake. Even though he believes he can win, it can't always come true because defeat is always next to victory and ready to take our money. Instead of later getting frustrated when you have to pay off the money owed after losing at gambling, it's better for you to play gambling with the money you have so that it will be safer even if he loses.

Casinos will not allow a person to play without money but casinos give permission to a person to play in demo or free mode. But it will not give pleasure because we do not feel the real loss or win.

Taking credit to back is never an acceptable response to gambling; a gambler will become engrossed in his own world. One tends to become more frustrated when things don't turn out as expected, and at that time, a lot of thoughts swirl it in his head; he needs time to relax, else he will make some drastic actions that he will come to regret later. Taking out loans and borrowing money to gamble is never an excellent concept since things always go wrong along the route. We all know how gaming proceeds are unpredictable, despite our strong technique, and losses are documented.

Your post underscores the grim cycle of gambling addiction, a spiral where the drive to recover past losses incurs more debt. This is steered by the gambler's fallacy, which fosters a false sense of power over randomness. The concept of 'gambling happily' suggests a typically elusive fiscal comfort. The thrill of gambling often conceals its potential for substantial financial setback. The ambiguity of 'extra money' can also invite financial instability. Problem gambling's repercussions can be drastic, but it's a nuanced disorder with diverse triggers. To state all gamblers will face debt or resort to desperate acts would be an oversimplification.

They are in most cases being too overconfidenced in gambling that they will certainly win, forgetting that gambling is all about taking a risk on winning or loosing whereby the chances of loosing is higher than that of winning if we are to be frank about it, s for the greedy ones who also thinks they cwn be smart enough to use casinos money to gamble and later run away if they don't win, I wonder how many gamblers the casinoe will be chasing after for repayment of gambling loan, lol.

I am not capable of measuring myself to a loan, because in a casino game things can get out of control, it is very easy to lose and many things can be achieved, just as you can win, you can lose everything, and have a debt in a casino or even anywhere is not the idea, we should always be Responsible, if a casino offers a loan just to play, I really would not take it, I would feel very tempted, but if there is no ability to pay, I would not, these These are the things that we should always take into consideration, it can be very good and come out with a good profit, but if not? as it would be done , and sometimes it is better to avoid it.

I think that under no circumstances can you play in a casino with borrowed money, if there is not enough money to play in a casino, the best and most responsible thing is not to play in a casino, because that money is much more committed to play , so it is not good to risk the capital that is not ours just having a hunch, it is very different to play with our money, because it is ours and it is not someone else's money, it is not subject to any stress that if it is lost, it must still be paid, the only stress that should exist in a person is with their own money.

HJay players who are risky, who do not mind lending to have the option of playing and winning, generally when playing under pressure, they do not play well, the bets are not correct and on many occasions things can go very wrong Because you play with fear and take care of money that little by little can go very quickly, it is not smart to bet with borrowed money and I do not recommend it.

It deeply baffles me that many people knows very little about the consequences of becoming a habitual gambler which casinos aren't excluded.
It is better not to be involved in the gambling than to know about how it works if a young man truly wants to succeed  by every

it is foolish for gamblers to have thoughts or do things like that when they are too confident to bet thinking they will win and take the risk of betting pay later or debt to the casino and when they lose the gambler runs away to refuse to pay the loan. actions like this are very inappropriate to emulate because the casino has the power or has the power to find where they go and greedy gamblers like this can be used by physical casinos to encourage gamblers to always bet and are offered a certain amount of money, in other words the casino lends money and must be repaid when win.
unknowingly it was a big deal he had to get while accepting such an offer was like killing himself.

A casino can do many things to have many clients, among them they can generate money with different programs, among them some programs to offer money in the form of loans can be highlighted, but I think that this is something very risky, it is a very reckless, personally I would never choose to have a loan and spend it playing, it is more I think not even to trade, but of course things can be seen in different ways here, if a player is very addicted and requests a loan I think it is something more delicate, you must have the ability to pay, otherwise you should not take it.

I don't think I have seen an online casino in the forum that has that option, but as I say, it is something very reckless, it is not worth taking because it is autolosing in a very ugly way.

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I think this is very unique. If there is, it will probably be the first platform to have this unique feature in a casino, it will definitely have a lot of fans. The problem is that it will definitely be complicated to set it up. What if it doesn't pay the debt? and what is the guarantee? If you have to hire a debt collector again to take care of the debt, it will be complicated. It would be better if you didn't have this feature. this is my point of view if I were a casino owner. In fact, there is no such competition yet on casino gambling platforms. but as a player I think this feature is very interesting if it exists.

No, isn't that a visible risk without having to implement it first? One of them only makes the business stop growing because the casino is hampered from increasing its bankroll.
Unless the casino works with a funding partner, that can happen. But again, it's too risky to agree. Gamblers can bet more than they can afford if they have a previous plan to escape debt.

What??? I am just seeing this for the first time and I must say that it is surprising. Well, Paylater is not a new thing in business and the loaning world, it only seems you are just rebranding it here to make it look different. But the actual truth is that you still collected a loan for gambling. I see this as a further means of business for casinos if they can make it possible but the risk is high. The person must submit viable collateral for them to make it possible. One difficulty they will face is that many of their customers might be offshore, so evaluating and validating the collateral is an issue that can't be cost-effective. Still, within their domain, they might make it possible if they so desire, but it will be an extra stress and risk for them. However, instead of going through this, you can apply for a loan through other means and use it to bet if so desired. Irrespective of the context, my advice to every gambler is that they should never gamble with the money they can't afford to lose.

Frankly, borrowing money to gamble is insane, stay off it.

Yes, a gambler will be engrossed in his own world without paying attention to what is happening around him. Maybe he also wouldn't know anything about his surroundings because he was more focused on what he was doing. But they may have also taken out loans and borrowed money to gamble, so that's what makes them focus on gambling. If they take out a loan, they will try to make money from gambling and focus on winning more so they can repay the loan as soon as possible. Yes, the results of gambling cannot be predicted and we can only keep trying to gamble, but this must be done with limits so that we don't experience serious problems later. Many people have lost self-control and boundaries while gambling so they only experience serious problems and are confused about how to solve them.

Borrowing money to gamble is not recommended and anyone who gambles with borrowed money will have series of real problems before them.
They borrow money and have to pay it back, of course they will also try to make win for certain amount of profit that can be used to pay the loan, but they forget that the sure guarantee in gambling is not victory but defeat.
When they lose and have to pay back loan, all they do is borrow again from other people to cover the previous loan and this will continue to happen until they are really in debt and unable to pay it.
Apart from that, he has also become gambling addict because the excessive activity he does in gambling has become habit that cannot be left behind.
Isn't this very worrying because more and more people are experiencing problems from gambling and they will always have problems that never stop.

That's one of my top list that I set for myself, I will never gamble with the money I owed to others or I won't gamble until I have extra money because I have seen or met many different people who experienced bad things in life because they were made to gamble using other people's money. for me, it is one of the things that should not be done to avoid the destruction of life, being in debt is a big damage especially if you don't have the ability to pay after gambling that's why I don't think play and pay later casino will be a norm in gambling world as we know that there's no guarantee of winning in doing gambling.

That's a very thoughtful approach towards gambling. Your commitment to not gambling with money owed to others and having extra funds before participating is commendable. Can you share more about the experiences you've witnessed that led you to make such a decision, and how do you think this mindset can contribute to a responsible gambling culture?

I've never seen such but I do know that people like using their debit cards to gamble and they end up in huge debt that they may never end up paying, that's why using debit cards to gamble in some countries got banned.

There is no casinos that allow gamblers to gamble and pay later, they knew that it's not good for business, some gamblers who end up in debt borrowed money from close relatives or friends, and they don't always pay back.

Ask yourself, if you build a casino will you allow people to play on debt? You know it will be very bad for your business, in a short period of time you will end up closing the casino down, due to lots of debt.

I'm kind of weirded out by this question, I don't even think that it's logical for a casino to do that kind of stuff maybe if they're also running a loan business on the side then they can probably do just that or if the casino is the illegal kind of casino that does loansharking then you can say that yes there's casinos that are doing what you're asking. It's not really bad for a casino to do that because if they approach and deal with it correctly, they can double or even triple their profit from their patrons.

I don't know about paying in casino games but it's a bad habit like gambling with weird debts that never gets into a good gambler. Even if the casino is good, not all gamblers have a chance to win and not all casinos pay out. If you don't have the money you need if you don't pay the loan on time you will face more problems. Even if you want to it is not possible to bring back the loss that will be incurred while involved in the loan.

Those who have borrowed money to gamble should be able to see the advantages and disadvantages. They should be able to see that the losses will outweigh the benefits so they don't have to do it anymore. They should gamble with their own money rather than borrow money from other people, where when they lose, they have to return the money to someone else. However, there may be gambling addicts who still borrow money from other people to finance their gambling activities because they think that is the best way for them to have money to gamble. Maybe they can win but also lose, depending on their ability and luck. And if they lose more often, they only get into more trouble from borrowing the money. And it is not a solution to continue gambling by borrowing money from other people. If that really happens, the ones who have to bear it are their families and maybe some families have already returned the borrowed money because gambling addicts usually never tell other people if they have borrowed money.

In most cases, gamblers only see the bright side of the gambling and that is the winning big amount through gambling. They somehow do not consider the other dark side of gambling where they can lose money in the blink of a second too. Keep the expectations high, the gamblers would take the loan thinking that they will for sure win and return the loan easily but in most cases the opposite of this happens. Those gambler not only losses in gambling but at the same time, unable to return the loan too.



Even if the gambling addict hides the fact that he has borrowed the money, sooner or later this will be revealed. As long as the gambler takes the loan and wins and then returns the loan, this can remain a secret but when he is at a loss, then the person who has given him the loan will demand the money from him and if he refuses to payback or delay, he may come to his family members or near ones to enforce him to pay back the loan on time. So it will be a moment of embarrassment for the gambler.

They will not think about the dark side of gambling because other people's wins have covered it that they know about, so they just want to get that win. Yes, they will still think that they can win from gambling and if they gamble because they borrow money, they can return all the borrowed money when they win big. But what happens is not according to what they imagined because gambling will only take all their money without anything left, so they can only regret it because they have lost all their money, including the loan money.

The person who lends the money will charge the person who borrowed the money. If he doesn't find the person who borrowed the money, they will ask one of his family members so that the loan problem will be known to the people in his house, and that will cause problems for his family. But when the person who borrowed the money can pay back the loan, the person who borrowed the money can still hide the problem of the loan.

I have this friend of mine who has a business, in which he has co investors and he is the one who handles the money deposited by the people who trusted him, Unfortunately, that person tried to gamble and in an instant, the money suddenly disappeared in his possession, He used the money of the people who trusted him to gamble, so what happened was that he was faced with many problems and debts, and until now that person is still hiding because he does not seem to have anything to show to the people who are looking for him. When I saw what happened to that person, I thought more that people really need a knowledge on the proper way of handling money, we must know how to discipline ourselves especially if we know the possible consequences if we let do things that aren't supposed to do.

There is loss where this loss is an influence on the habit of borrowing money.
Those gamblers who have borrowed money to continue their gambling sessions will clearly have an opportunity or percentage where they are more frequent or bolder in borrowing.
When they are in state of urgency or lack of betting capital, they will use the borrowing option and this is quite significant impact of this attitude.
Gamblers will feel that they are getting it easy and they underestimate the risks of what they are doing, what is worse is that they can have lots of places where they can borrow money and in the end will only be trapped by all the debt.

Obviously borrowing money is not solution but rather an approach to the risks they will face, maybe they are gambling addict and when they decide to borrow some money the problem that arises is not just about addiction but also the problem of debt that must be paid.
They cannot realize everything if they have never encountered or experienced difficulties due to problems that occur as result of such mistakes.

But did you know that lending money to gamblers is very risky because your loan will not be repaid, even though you have lent money to your friend but you have not printed proof of the loan that is legally valid, there is no guarantee that your friend will pay the loan, even if you ask for a loan to his family and his family cannot be used as collateral to guarantee repayment of the loan, unless your friend is an honest and good person who will pay his loan on time.

I have seen similar cases, borrowers will avoid all payment problems and they will even break their friendship with you to avoid loan problems. However, I also give loans to friends but are not tied to gambling purposes and I will help with loans if they need funds for emergency purposes.

It's not going to work.

If this implemented in offline casino, it won't be accepted because you're gamble more than what you can afford to lose, a legal offline casino is really strict when it comes to regulation and laws.

If this implemented in online casino, the casino won't survive because there's always people will try to find the loopholes and make the sites rekt. Creating multiple accounts with fake identity is one of the example.

Typically on loan inside the casino usually have an immediate collateral required to have access to quick loan. Not on a casino but from the loan shark inside. They usually ask for valuable things such jewelry, car key or house title that incorporates quick agreement for the loan. Loan shark works smart now unlike before that they are just using force to protect themselves.

But if you are just talking about the casual loan from person that you knew then of course the reputation is only on the line as collateral for this kind of loan just like how the loaning system works in the forum. It’s not bad to a loan a gambler if he can provide a collateral to cover his loan. Some loan shark inside the casino gain huge profit on this kind of business tho.

I like the lending system of loan sharks even though their side is very profitable but they do not provide loans without collateral, the lending system is similar to pawning in that they will hold goods as collateral for collateral if the borrower cannot repay the loan, but on average borrowers will pawn their belongings because they need more money for betting, yes they are like selling cheap goods to loan sharks.

But some gamblers look for another solution to ask friends for loans because they will give some loans without collateral, but the amount of the loan given will not match the expected amount of money because the gambler does not provide collateral for the lender.

Gamblers who often borrow money may become bolder in borrowing money, but they don't realize that it will only make their debts increase, and they will have difficulty paying their debts. Borrowing money will become a new habit. They will continue to try to get loans from many other people and will not see the total amount of debt from how many people. Those gamblers will underestimate how to repay the borrowed money because they think they can return all the money they borrowed at once when they can win big from gambling. But it will not be as they imagine because in gambling, there are many moments where they will experience losses, which could increase. For this reason, every gambler who still frequently gambles should be able to prevent themselves from borrowing money from other people so that they will encounter difficulties later.

Borrowing money only adds to their burden because they have to pay back the borrowed money, whereas if the borrowed money is used for gambling, they may not necessarily be able to win. And when they lose at gambling, they have no money and will have difficulty paying back their debts. This is a risk that gamblers should know and try to avoid, so they should be able to allocate a certain amount of money for gambling and never borrow money from anyone. Those who have encountered this difficulty should be able to realize their mistake because they have taken a loan from someone else, so they must try to repay the debt first, and then they can make a plan to allocate funds for gambling.

Yes, that is a risk that lenders will accept from gamblers because it is unlikely that the gamblers who borrow the money will be able to return the money if they don't win a large amount. We have seen many cases of debts that one friend cannot return to another friend, which makes their friendship uncomfortable. And some involve their families to return the loan money to the lender. If the family can repay the debt, that's fine, but the problem is that many families don't know anything about the debt of one of their family members so the family also finds it difficult to pay the debt.

There have been many cases where money borrowers will always avoid meeting with the lender where the lender is also a friend. Their friendship will no longer be good because of the debt so they will become distant. I will also give loans to my friends if they need funds for emergency needs because I realize that we can be in the same situation so I need to help him when he needs my help.

As long as they are not really in debt and faced with problems related to debts that must be paid, they will never be able to have this awareness, especially when there are still places or people who accept them or give them loans.
Obviously people like this will only make themselves worse in the long run, they will only make themselves face complicated matter which I sure is very difficult to resolve because it is related to finances and can multiply according to the interest charged.
But on the other hand, they really underestimate all the problems that can arise and they will think that they will still be able to pay it off if they win, and they have fantasized too much.
Winning is not an achievement that can be easily achieved and relying on gambling to pay off debts or earn money is quite stupid thought.

Just imagine that we all know that gambling can cost lot of money in short time and if they gamble with the money they owe then it is clear that they will spend lot of their debt in gambling.
From here they have an obligation to pay but their income is not commensurate with the amount of money borrowed, in the end they will actually sell valuables just to pay off the debt.

Just like the case that previously occurred in the country I live in, where young man was addicted to gambling and had lot of debt, he sold some of his parents assets to pay the debt and gambling capital.
He works but the results of his work will only be used up in few days on the gambling site whereas he gambles almost every day.

How would such a casino work? Unless maybe they have an ID on you or something because what if you lose and never show up again? In fact I’d say that such a casino would crash because the money that is used in paying people are the ones that others lose. So if people start paying later, you’ll definitely start paying winners later and that doesn’t make sense. I don’t think such casino exists and if it does, I’d really like to hear how they operate without failing.

There's no casino like that; yes, the concept of play now, pay later could be possible, but in casinos, I don't think there is a site that will offer that kind of service because it's too risky for the owner of the site and also for the gambler. Its risky for the site because the gambler might run away from its debt. Yes,  the casino might put a KYC so that they know who and what the gambler is, but when the time comes that the gambler runs away, it will be a hassle process. They will need to cover expenses for legal actions, and it could affect their business. It could be risky and dangerous to the customer because they could not notice how much debt they are in, and the worst is that they will have the mindset of not being aware of or taking care of their debt as long as they are playing. So this kind of service or concept might be impossible in a casino.

When it comes to play and pay later casinos whether offline or online then it wont really be that just possible on which it would really be just that normal that they wont really be considering on letting someone do able to play without using their own funds but rather they do have those kind of borrowing on which we do know that this isnt something that they would really be able to do so.
They are business and not some sort of charity or those kind of platforms on which they would really be that having those plans on letting someone funded up with some borrowed money
because once those fellas do able to hit up some wins then there's no way that you could be able to avoid those payment but well they would be able to pay up those borrowed
funds but on the time that they would lost then what would happen?

For sure as an owner you would really be having that kind of problem on which you would really be asking for some repaying those borrowed funds.
What would be your assurance that those fellas would be repaying on what they had borrowed?

Well, if it's true, I was wondering that, I think it's a very new way of doing things, or unless they are people who have all your data and KYC of a very improeisnant and who commits to the casino to make some payments,, And this has legal weight where they are playing, in the 'country' if they are together or else there is an embargo or something like that, is that the way I see, but if not, how can it be done? Because if it is not as you say, that only the Winners will pay, then if this system is not that way, I do not know how I could survive, I personally have many doubts, because we are accustomed to London, because a deposit is made in the site and then a KYC is done, although I am one of those who think that Whenever something is done so that they can turn out well, it means having the power to do things well, and it would be better if you really Risk this type of thing I admire them, for me they are pioneers and work at very high risk, I would not take on something like that , because it is not my style, as I said before, I am accustomed to doing things differently.

  Now when we are in a casino we always look for Ways to do Things Differently , I always look for things to do, for example making sure that it is an old casino and trust it, otherwise I don't risk anything, in fact I only I do KYC in casinos that are Reliable,  that's why I Always distrust casinos that are very new, I don't trust them because there have been cases that are very Scam and that is something that we should avoid, for that reason when we are doing Something Any in a casino we must know what we are not getting into, we cannot do things with different systems, in fact this is something very new for me , because in the casinos that are foisicoms things are much more direct, it is to enter, bet , win , withdrawal,  and now , something very Different is being raised here.

I've never heard of physical casinos playing and paying later, even if they exist, of course there will be items that will be pawned or changed ownership, except for online sites that offer free bonuses for their users, of course there are, but if it's physical gambling, I've never heard of it, except The owner of the casino really believes in his customer and gives him special privileges

It would really be that risky on their part. Thinking up again on how they would really be verifying into those people who do bound to copy? How they would really be able to
find out and how they would be able to give out those loans or borrowed funds? Just like on whats been said above that on how they would really be able to apply this one if ever it would be available.
There's no way that they could get some valid colateral and theres no way that they could get that security at least on the time that they wont really be getting repaid.
You cant just have a business that you would really be giving out that opportunity of those users to be the ones who would bankrupt out your business.

Gamblers have spent more money including houses on casino games. The thrills could be interesting but gets annoying once the player is done gambling and tries to reconsider his choices and what he's done with his money and properties for the course of gambling. The only good thing is that they'll get their property once the money has been handed over to the loan shark. If the loan sharks don't follow such strict rules, the gamblers will hardly comply to their own sides of the agreement. Because they did that on the influence of addiction, and later it clears, and the person wouldn't accept doing such a thing with his right senses. A casino cannot operate by play and pay later, they'll run out of business, from the help of addicted gamblers, who wouldn't care about the sum of accumulated debts that would be recorded in the casino ledger. Unless they're being held at risk with their property on the side of the casino if they don't pay back, the gambler wouldn't care paying back the debts.

When someone decides to go into debt, they must be able to find out why they have to go into debt. If the reason for the debt is to meet one's living needs, perhaps that is still acceptable, but if the reason for the debt is just to gamble, that will not be acceptable because when gambling, we don't need to be in debt. That will only cause difficulties for us because we have to pay back the debt even though we have spent all the money gambling so we won't be able to pay back the debt. This is what those in debt don't realize, so they still think it's okay if they are in debt because maybe they can still pay back their debt after they finish gambling. But if they have lost all their money and have nothing to repay their debt, that's when they find it difficult to accept that there is a debt they must pay. It is very difficult for those in debt to gamble because they also don't know when they will win while the debt bill is paid. They have really underestimated everything so much that they have forgotten that gambling only requires using enough money.

Playing gambling is only with enough money so that we don't lose too much and can also save the money we still have to use for gambling on other days. But when they are in debt, it poses a risk for them where if they cannot repay their debt on time, they will be chased by the creditor until they can pay off all their debts. This is why the risk is very serious if we get into debt so we have to really avoid it, especially if the debt is just for gambling.

Many people have gone bankrupt because they had to pay off their debts and we have heard many stories. We also don't need to gamble every day and only gamble in our free time so we can stop gambling when it's almost over. We will not be tempted to continue gambling because other activities are waiting for us.

While reading your reply I started thinking that maybe the whole ideology of play now pay later can happen if they offer it to gamblers based on certain factors like how often they’ve been playing. Think of it like a compensation whereby you can try playing again even with an empty account. They’ll definitely have limits to which you can play and also, they give the opportunity to customers who they know wouldn’t have difficulty paying the amount. For example, giving the feature to someone who gambles $200 on a daily basis… maybe giving them the chance to play for $10 and pay later. I think it makes sense now.

The physical casino is based on the direct knowing about the individual,if the gambler from the local community.It’s not the big thing for the physical casino owner to get the money from you,they easily get the money like the credit concepts from your home.The online gambling site alone give you the extra bonus to promote their gambling site and to increase the users.The physical casino promotion will be entirely different like this ‘Play now and Pay Later’.This surely tempt the gamblers to play the gambling without money,the gamblers try to win money and settle the initial money to the owner.But mostly they become a credit person,if they doesn’t have any good luck and strategic game in the gambling instead of random betting in the gambling site.


This offer is to increase the promotion among the gamblers and to do increasing of number of users to their gambling game.The gamblers get triggered to play more games because their won’t be any capital investment to the gambling.But the fact is the gamblers going to loss the big money when they risk huge money because of later payments option.

one can be in debt in the process of gambling without necessarily getting the debt from the gambling site. I haven't seen or heard of gambling to pay after and I don't think that it is advisable for such privileges to be factored into the gambling site because it would increase the number of addicted gamblers that are way frustrated because they've incurred a lot of loan that that they can't pay and most likely, the only way most persons would think of as a way to pay off their loan would most likely be through gambling.

Maybe if you had asked your friend more question you will find out that its possible that he took the money from an outside firm and used it to gamble and then he is owing the people he took the money from. Regardless of the way he got the money, because the reason why he lost the money is through gambling, he will attribute his indebtedness to gambling.

There might be some physical casinos who would really be offering that playing and paying later but of course it would really be just that only good into their vip members or to those
huge spendors into their business on which there might be some special benefits or perks but of course they would really be just only few on giving out that opportunity and it isnt
for something for everyone. Yes, there's a accompanied risks for them to have on which a certain player who had borrowed might not be able to pay up those borrowed funds.
So further digging or verification they would really be needing if they would really be tending to let someone borrow up and able to play and pay later.

This is business and not a charity i should say on which it is really that not possible that they would really be granting those kind of
possible functions on which a certain player would be able to borrow something.

It seems like no casino wants to be a lender or giver of free money (if the pay-later user wins big amounts). This is definitely unfair for the casino and riskier because anyone could run away from small debts but in large numbers. Besides losing money, it just makes the casino busy chasing debtors.

Some might find this pay-later system interesting enough for some casinos to adopt, but no one knows what wild marketing methods casinos will implement in the future. If pay-later users could provide good guarantees, it could happen.

And again, here the casino seems to be getting goods position or assets worth more than the borrowed amount, so they feel safe.

I've never heard of a casino offering a pay later option. If you are unsure about discussing the topic with your friend, you can offer support by listening to them or express concern or empathy with their situation, it will still be a huge help by making him feel supported without judgment.

In fact, this almost doesn't exist either on online or offline platforms, because it's the same as lending money to gamblers and that's quite risky since the casino won't be able to know whether the gambler can pay later or not, and the casino platform doesn't want to take the risk. . But there may be third parties at offline casinos who are ready to lend money to gamblers for free and with high interest, but this is certainly risky for gamblers because they will never know what this third party will do to them if they can't pay their debts.

Yes, if you frequented land base casinos, specially those old ones, there are a lot of things that you can pawn, specially cars, very fast assets to make money and then gamble. Unfortunately, many of them were not able to redeem it so the pawnshop or the financer is the real winner here and gamblers getting worst as he needs to find ways to make money to continue.

And another is jewelry or I even see some papers also being pawn by big financier. So everything goes in the offline casinos, and you can't really double cross this people are they are part of a bigger group of financiers, underground world that you don't want to messed around and try to trick them. It will be bad for you.

Even if there is such a casino where player can play and pay later, I believe it will be the same as online pay later payment method where there is a high fee to be paid by the users. Basically such a system give disadvantage to both the casino and the players. The casino may not get the payment if the players are unable to pay eventually and the disadvantage for the players is about the high fee means that they will have to spend more money when they are on losing.

If there is a casino that has this feature, be it an online casino or a physical casino, then for gamblers it is the same as gambling with debt so it is quite dangerous for gamblers because the casino will definitely apply interest so when they win it will reduce their profits and when they lose, they have to pay more because has to pay the interest also.
In my opinion, no casino will want to implement a feature like this and I haven't found it, especially in online casinos or in physical casinos because I've never played there, because the chance of customers not being able to pay is wide open even though there is a pawn but it's still not good for both party.
It will be increasingly difficult for gamblers to control themselves because they can still play even if they don't have money by using this feature and the casino can go bankrupt when more players don't pay the debt because the casino has already paid their gambling to the games provider.

Instead of lending money to gamblers, casinos will offer gamblers to use demo mode because it is safer for the gamblers. Casinos also have difficulty if they offer to lend the money even though the casino can ask its security team or a third party to collect the money. But there are indeed third parties in casinos who may provide offers to gamblers who have lost or run out of money while gambling so that they can continue gambling. But that's not a good idea for gamblers because they take a bigger risk, especially since there will be losses that will come to them when they continue gambling. Gamblers should also be wise not to spend all their allocated money on gambling for that day because if they can save the remaining money, the money can be used for another day when they want to gamble again. It will be safer for them because they don't have to risk anything except losing money again at the gambling table.

until now, there are land based casinos that provide pay later gambling facilities but still use a guarantee and usually those who are provided with such facilities are only gamblers who often come to the casino.
there are several land based casinos that do not have to provide a guarantee when they want to bet to pay later, but on condition that the gambler has a permanent job that is known to the casino staff so that the gambler must pay when the salary from the job has been given.
if the gambler tries to run without paying he will definitely lose his job because the casino staff will charge the company where he works.

actually, the casino is not wrong in this position because the casino only provides special facilities for its old customers and here they are mutually beneficial, the gamblers get money to gamble and the casino gets a profit from the money they use to gamble.
however, all control is still up to each of us, even though there are casinos that provide such facilities, it is better not to be tempted and continue to gamble using your own budget.

No casinos into their right minds that would be offering those play now and pay later. What if they do able to win up huge amount? For sure they would really be just putting themselves in danger
in speaking about revenue or simply its really just that suicide for them into their business. This is why it would really be that having no sense or really just that absurd for them to offer such thing.
It is really just that not possible and this is why we cant see any platform who do offers this kind of set up because they do know that they would really be just putting their business on harm.
This is why they would rather be giving or launching out those bonuses which do really looks interesting but it is really just that a trap.

Actually there's one existing, not really that pay later but rather invoice payments or pay by phone- this is basically talking about those traditional gambling platforms
and i havent seen it on crypto casinos on which this one is been applied.

Looking for an online casino where you can play now and pay later? Luckily, a few mobile payment methods allow you to do just that. The service is also called “pay by phone” or “invoice payments” and is available at a bunch of different online casinos.
https://casinofastpayout.com/play-now-pay-later-casino/

I highly doubt also that this one could really be seen on cryptogambling space on which it cant really be that possible
unless if you do know personally the owner then you might be given out that kind of perks.

I have heard that some hotel casinos apply such a debit system especially for their special clients but it shouldn't be forgotten that this situation isn't valid for every gambler. I think the reason for such a application is to encourage special clients who gamble with large sums of money to spend more. In particular, a casino customer in a different country can travel with a certain amount of money in cash when changing countries and this causes the casinos to earn less and prevents these people from potentially spending much more money. Of course, casino operators prefer to indebt their special clients as a solution to this situation because they clearly know that these customers will pay their debts.

This application, of course isn't valid for every casino client because there is no guarantee whether an ordinary gambler will pay the debt or not and especially gambling addicts may gamble by borrowing more money than they can pay. For this reason, this application is something that casinos apply only to their special clients and not every casino provides this service.

Casinos will not offer something like that because it will not make their business run well, especially since more gamblers will lose when gambling at their place. Maybe the casino can collaborate with a third party and the third party will provide that service and give a small commission to the casino for providing gamblers to want to borrow at its service location. But I don't know whether there is a service like that or no platform like that. But as far as I know, some people offer loans to people who need money immediately, but they need collateral worth the money the person wants to borrow. It is better for the casino to provide attractive bonuses but with definite terms and conditions so that the casino can make a profit.

Casino high-roller policies have always fascinated me. Its obvious these businesses are business-savvy, right? Crediting VIP clientele ensures a consistent flow of high-stake wagers and helps casinos negotiate international money movement. This technique, while not for everyone, represents a customised consumer engagement strategy.

I agree that such services' exclusivity highlights risk management's veracity. Regular gamblers lack VIPs' financial power and trustworthiness, so they are excluded. A pragmatic differentiation based on ROI. After all, casinos are businesses, not just enjoyment.

I think supporting fun gambling means balancing play and accountability. High rollers trust casinos with debit systems. The gambling world's intriguing component reflects human behaviour and leisure industry financial management.

In online casino for sure they won't offer this since imagine if people lose a lot for sure there's a chance that those people will not came back and its risky to the part of casino owners since what if those defaulter headed person won for sure they can lose a lot from them but don't have any chance to recover since these type of people will usually run on their obligations.

But I can see this to possibly happen on offline casino since they have capabilities to sue those people who ask something like this that's why there's a loan shark exist on some casino since they want people to ask loan for them and plat then do good business with them. Maybe on online they can ask for a loan to other people then give a collateral but for casino owners I guess they have low chance to make this to happen.

Like many others I don't know any online or local casinos that offer play now, pay later options. Also I don't like the idea of play now, pay later schemes unless I'm the owner of the casino. If a player loses and can't pay back immediately it could lead to many problems. Also using borrowed money for gambling might encourage reckless behavior and further losses. For me individuals only gamble responsibly with money they can afford without relying to credit.

I also think not the same if we play , what Would they be Able to do to that person ? This is something that does not make sense to me , I do say that it is better to play and have the casino pay later, because this is something that we should not do , but the opposite process is for porbelmas because things are not so easy and can be generate entomers problems , I wouldn't do something like that , because I know that this has a lot of problems,  but the operons that ignore it and start Exploring , I don't know what things they can demand of them by Chance.

I or I imagine, because this way a Person can enter without any money and play, or at least have the person who enters verify that he has money, because it is the only way, that would be problems of complaints and problems of lawsuits, things like that , no It seems to me and it's kind of risky, I Wouldn't allow Something like that, I'm very careful when I play and I'm very scared when it comes to these things, I wouldn't take the risk , why Suddenly if the Emotions betray us and we lose more? What would I have to do?

I doubt that there'll ever be a gamble and pay later system in any gambling company, they'll have to collect your bet money and pay you if you win. The reason is simple because the major factor that determines winnings is luck, and the probability of losing is more than winnings, so a loser will not be happy and willing to repay a loan that he has lost. The OP uncle definitely borrowed the money he used to gamble and lost, so he didn't give the OP a complete account of what really happened. The biggest mistake that a gambler can make is to borrow money for gambling, because it can be a very painful experience to be repaying money that was lost in gambling, so the lesson is that we should always gamble the amount that we can afford to loose.

That's because later, online casinos will have difficulty collecting the money even though online casinos can ask for verification from gamblers who want to borrow money. These people will run away after getting their money or when they lose from gambling so that these people will not feel they have an obligation to pay their debts.

But in an offline casino, loan sharks will enter the casino and try to find gamblers who have lost or are desperate because of their losses and offer the gamblers to borrow money from them even with very easy terms. That can make it easier for gamblers, but on the other hand, gamblers who borrow money also have to accept the risk after they finish gambling because the lender will collect the money from the gambler.

I think your friend gamble with a credit card so that the amount of debt continue to pile up without him realizing it until finally he has to pay a large bill, I doubt there is any gambling that can be played and paid later unless the person uses a credit card, logically it doesn't seem like it maybe gambling implement such games without any guarantee. Even though they know personal data, gambling games are a business and they certainly don't apply debt to their games if it harms them because this is a kind of debt.

That why we shouldn't gamble with money that we don't fully own, gambling using a credit card is a big risk that you have to bear if you experiences continue losses. Indeed, it's easy for you to still be able to gamble when you don't have money but you still have to pay the bill and of course, this will make thing difficulty for you in the future. So it's better to gamble with the money you have rather than having to take big risky.

To be honest I have only seed this in movies. An illegal gambling mogul will approach businessmen and promote a large stakes table, with the possibility of entering the competition with credit. So eventually when they lose they keep getting extorted and in the end give back more money than they had promised to even stake. I

There's a 2018 short film from Greece called GO FOR BROKE that depicts such scenes and it's very interesting but sad. It's a crazy thing to actually meet such people in real life. They are like loan sharks and the mafia combined. If I was you I'd be really worried for the friend because as far as I know legit gambling businesses work kn cash...

if gambling using a credit card gambler can pay. because the data on the credit card is very strict and of course the gambler will pay his debt. if gambling using paylater. what else provides the casino and it happens in online gambling 100% of the gamblers will not pay the debt.

Seriously? Credit card gambling is like entering a storm hoping to stay dry. Financial suicide, not just dangerous. The rule is simple: don't gamble without it. Credit never becomes your money. It's a loan with interest that will deepen your debt. Talking facts: Healthy gambling? It's oxymoronic with debt. Here's the twist: the system plays you. Every card swipe bets against your future. And guess what? The house always wins. If you lose money, you risk your credit score, financial stability, and peace of mind. It's not about avoiding taking risks; it's about not digging your own grave. Wake awake. Gamble responsibly, or better yet, realize the actual gamble is thinking you'll win with money you can't win

Well, something funny happened to me with this Thread because I went to Sleep the day I wrote the post, and I don't know why , but things started to make me crazy Thinking about this and after a long time I started to think about it. This chaos of the casinos that can Offer this type of service, because for me it is like a Service , so when I realized, I Think the only way it can be done is because it is a person who knows the casino and Only so it can make a difference, then when we think about doing things differently these arise, and of course if it is a Known person who has been Playing all the time it cannot be seen as a style of credit, there is no Other way , because there is no I see Another way to do it , so if so it would be a very Exclusive, very particular Casino where only Recognized clients would do something good , this is only what I think can be Done.

In fact, when they try to make things different, I have Always aid Something, we as Players know that if there are exclusive casinos, I am in a country where there are exclusive casinos for people like that, where access is impossible, so I imagine that in Those casinos offer that style of credit but, it's the only thing because it's the way they make sure they can pay, otherwise I don't think there is any other option, we always go to see things from the best point of view  , but as long as things can be done like this, with an already defined profile and that they can show you that ease , that's what I see, there's no more to it, I'm aPerson who has always seen this type of things, and well , no It Seems strange to me, when one sees the thread and reads,  Analyzes the answers because one sees many things that currently exist in the world, and well, that should not Surprise us, but I think it is better under those conditions.

Probably none as this is detrimental to business-owners who depend upon the propensity of their users to pay for their items and services upfront. And even if this shit is to be true or if casinos soon offer this capability I don't think it's gonna stay up in the market for long. There's a good chance that this feature so to speak would be sacked soon enough as gamblers fail to uphold their promises to pay and just run away from the casino's sight soon as they get the chance to earn the money. And no, administering KYC isn't going to stop this unless you're determined to chase someone within the ends of the world all for a loan they failed to pay.

It's also worth noting that there will be prerequisites to meet in order for the casino to achieve the guarantee and peace of mind that they will have the money they loaned out to users, which would take tons and tons of paperwork that the user might as well just gamble with their own money, and they have to by the by. 

Totally suicide on which this is something that just the same to those people who do took up some loan and did really make out some gambling sessions on which it is really just that the same with credit card using
on the time that you do gamble. Of course you would really be needing to repay those borrowed funds on which it is really that making  your life way more miserable than on just trying to avoid those possible
conditions or situations on which we know that this is something that a must. Speaking about play and pay later casinos? For sure there are none of those platforms would be offering this thing.
There's no way that they would really be considering on having this kind of feature. They are really just that putting their business into such huge risks.

As an owner, you wont really be that so dumb on giving out those kind of chances for someone to be able to play without risking their own money.
Letting some loan? It would be some perks but for those heavy gamblers that do play on the platform or with those vip but for those small time gamblers? I do highly doubt on that one.

If you hang out in the forum, you will see some threads here about gambling debts. Also if you talk to different gamblers in your local, they can share their stories about it. To play gambling, it does not always mean that we must have our own money.

This means, yes there are play-now-pay-later casinos, other than the free ones and those who offer a lot of freebies. A person can be good at giving advices to others but usually they can't apply it on their own. So, what you believe for a long time might be false. Sorry about that. He might be older than you but if you think you are wiser than him, then you should not be afraid to talk about this matter. Good Luck !

I have been hearing about gambling debt but this is my first time to see that can be this serious. In my region, something like this does not occur but maybe in other regions, it could be possible since collecting loan could be easy there than elsewhere.
 I don't really see a need for loan because we want to gamble. Gambling should not make us think of the easy way like getting a loan and using the fund to bet so we can earn profits which can be used to play another bet and another bet. This could be a serious case if we don't get that profit we planned to get. Making profits om Casino sometimes might not be as easy as we think.

The only thing I've come across that looks similar to play and pay later is when there's a promotional offer or there's a gift voucher, some of which are conditioned to pay back if you win, they amount offered you to gamble with is deducted from that which you have won then the rest is left to you thats the most common i'v seen.

Another offer that looks like nit too is they which the casino gives you the privilege to borrow from them to gamble and upon your next deposit it's been deducted but if you don't deposit in awhile it will not be recovered , they make sure to give offers that are not to big and I think they consider your deposit rate before you can be offered such loans, This is common with a few online casinos tho not all of them asides that which I have mentioned and described, I've not seen another kind of casino that allows you to gamble at the moment and pay later both online and physical, i'v not seen

A bonus isn't a play-and-pay-later thing because it is yours to have and you don't have to pay anything for it, though most of the time, gambling platforms don't give bonuses for free and you will need to complete a certain requirement to be eligible for specific bonuses. So, you can't say that online casinos provide this thing because I have never seen or heard of an online gambling platform that allows its gamblers to gamble first and pay later for the losses.

A casino would never take such a risk unless the gambler is ready to give them something as collateral and get money equivalent to the value of that thing so that he can gamble with the money and if he loses the money, his property will be kept by the casino until he returns the money.

This is why there are no casinos that is "pay later" type of casino, you end up with something that would be a lot more important to them and should avoid as much as possible. I do understand that we are going to end up with people who could maybe pay, but we know that there are many who won't.

This is why casinos do not take risks, they end up with gambling with whatever you have, that way they do not have to worry about you paying later on, it would make it a lot better for them. This way, they don't have to chase behind you for their money, if you have anything now then gamble with it and if you don't then don't gamble. Why risk their entire operation for people who may or may not pay their debt in the future? Makes no sense.

To this day, I have not found a single gambling site that applies a pay later system. As far as I know gambling is no money no games. Unless you are using assets for collateral, it might still make sense.
A pay later system will clearly not be profitable for gambling platforms, because of course there is a very fast turnover of money to pay each winner. Try to imagine what it would be like if your winnings used a pay later system? Do you still want to play?

There are all sorts of claims out there, and frankly enough promotions running that you might be able to walk away with some free cash if you are clever when taking advantage of one-off welcome offers, but this "play and pay later logic" simply doesn't work for casinos. Casinos have bills to pay - staff, servers, licensing, taxes, etc. and their very business is making money from players who pay up front. They would just end up turning into debt collectors and chasing money, plus it would change the dynamic completely. Players would just play continuously until they either won or decided that they will declare bankruptcy, if there was a genuine way to enforce such debt collection, it doesn't make for a good business.

I have never heard of a feature that allows you to play and pay casinos at a later time. It's possible that such a feature doesn't exist because it poses a great risk for the casinos. In case a player loses all their funds immediately and cannot repay their debt, the casino would have no means of making them pay. It's similar to using a credit card for purchases, even if you know you won't be able to pay, you can still make the purchase. If you earn enough money by the time the payment is due, you can pay. But if not, there's no way to force you to pay immediately.

For sure it isnt something that you could see on casinos yet these wont be called businesses if they would really be offering such feature like having those kind of play now pay later thing.
Just on some mentions on other users on here is that, if it turns out that those people or gamblers who had been able to borrow and able to win up big time, then as an owner then how you would be able to feel?
For sure you would really be having that kind of regret on what you have done which we know that it isnt something that you could really be able to get it back and that would be
a huge loss or less revenue into the house itself and this is something that you dont really like to happen.

This is why we cant really be able to see up these kind of offering or features on a casino on having that play now pay later thing because they are really that avoiding those
kind of situations or circumstances on which it might be that resulting into disaster if ever that one happens but if not then they cant even assure if they would really
be getting paid. lol