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Author Topic: Gambling experience using loan money  (Read 2219 times)
dimonstration (OP)
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August 26, 2023, 05:42:31 PM
 #461

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Gambling using borrowed money obviously has a 2x risk of loss, besides that it will be burdened with loan interest.  After all, money made from loans won't make you play with focus because you have a strong desire to be able to win the game, but you can't play with full control and expect to win bigger bets so you can cover everything.

Technically not x2 but rather just a little but of percentage based on the interest rate of the loan.

That is why taking loan that dedicated for gambling should be backed by your future money in able to pay it. Some user just doing it because they only want to advance their upcoming salary since they can’t wait for the payday time to gamble.

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I will lock now this thread. It received already too much input about the topic.

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