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Author Topic: Do you agree people barrow money for gambling?  (Read 18526 times)
Laosai
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October 19, 2015, 03:41:10 AM
 #281

if you let someone borrow money to use in gambling, and that someone lose the money he/she borrowed to you. then how can he/she will be able to pay you ? so i dont agree with this.

Will you let someone borrow from you if you don't how he/she will gonna pay? Of course you'll ask a collateral first or at least ask him/her if he/she has a stable income (eg. salary from work) so that he/she can repay promptly. Duh I won't let someone borrow from me if he/she will promise gonna repay with his/her profit (if ever won). It basically means he/she will only repay if won Grin

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October 19, 2015, 03:47:25 AM
 #282

I really liked the Topic started by MinerHQ , This is very obvious question and most of the gamblers face this , being a frequent one i can say yes the urge of winning can take you to sell your clothes , lending is no far than this .

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October 19, 2015, 04:53:23 AM
 #283

if you let someone borrow money to use in gambling, and that someone lose the money he/she borrowed to you. then how can he/she will be able to pay you ? so i dont agree with this.

Will you let someone borrow from you if you don't how he/she will gonna pay? Of course you'll ask a collateral first or at least ask him/her if he/she has a stable income (eg. salary from work) so that he/she can repay promptly. Duh I won't let someone borrow from me if he/she will promise gonna repay with his/her profit (if ever won). It basically means he/she will only repay if won Grin

yeah, that is why nobody is comfortable even lending money to people who want to gamble with the money. just check out the lending section, you will see that lenders will reject the applications which put gambling as the reason.
of course if you provide collateral it won't matter that much, but still it would be a hassle when lending a gambler.

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October 19, 2015, 04:56:55 AM
 #284

I think many of the gamblers even when they don't have money for gambling but they barrow money for gambling. Do you agree on this?





NO NO NO
gambling is not make you rich
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October 19, 2015, 05:27:39 AM
 #285

if you let someone borrow money to use in gambling, and that someone lose the money he/she borrowed to you. then how can he/she will be able to pay you ? so i dont agree with this.

Will you let someone borrow from you if you don't how he/she will gonna pay? Of course you'll ask a collateral first or at least ask him/her if he/she has a stable income (eg. salary from work) so that he/she can repay promptly. Duh I won't let someone borrow from me if he/she will promise gonna repay with his/her profit (if ever won). It basically means he/she will only repay if won Grin

yeah, that is why nobody is comfortable even lending money to people who want to gamble with the money. just check out the lending section, you will see that lenders will reject the applications which put gambling as the reason.
of course if you provide collateral it won't matter that much, but still it would be a hassle when lending a gambler.

But do you think these gamblers will tell you the real facts of why they are borrowing money? I don't think so. That's why when you want to lend money to be safer side, never lend money without any proper collateral. Then you will be safe, if they don't pay back then you can recover you money from their collateral. 
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October 19, 2015, 04:16:30 PM
 #286

No. One should never invest what they can't lose let alone gamble with it

It's a normal loan. Like I said if the person has proven he had skill, and showed a good ROI% over a long period off time, it is perfectly normal to make an investment to win even more.
You have plenty of poker learning sites investing in players and promoting a good bankroll management and they get some good profit by some of those players that become sharks in poker. So it's the same here. I have a friend that is very good in sports betting, and he did just that, he shoed his results and asked for an investment. It looked profitable so he got the loan, and he is a professional sports betting trader now and drives a ferrari lol

I don't know if that is the original question but it brings a good point.  If the person is a proven pro, it wouldn't hurt to loan money.  That being said those are few and far between.  More than likely, you are loaning someone with a gambling problem and that can be a problem.

Yes of course, like I said I think it's important to know the difference. In most cases yes, it should be someone with a gambling problem, and in that case I don't think the loan would be correct, but there are some exception like the one I mentioned.

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October 19, 2015, 04:19:15 PM
 #287

You should NEVER borrow money to gamble. That's just gambling money that you can't afford to lose. And honestly, that's the number one rule to gambling.. Only bet what you can afford to lose.

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October 19, 2015, 04:46:14 PM
 #288

You should NEVER borrow money to gamble. ....

When greed and need are joined together, you can see the gambler begging for his best friend even his family to borrow. And most of this case were cause by lossing and want to recover his loss
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October 19, 2015, 04:53:44 PM
 #289

I think many of the gamblers even when they don't have money for gambling but they barrow money for gambling. Do you agree on this?





NO NO NO
gambling is not make you rich
And also risk your life if you barrow huge of money from other casino players..

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October 19, 2015, 05:28:00 PM
 #290

Never. People shouldn't lend money to users who want to gamble their money and take a loan for a thing that's just a bad addiction but they should instead use their own money. I've seen people who take micro loans with their alt accounts and then never turn back to return the money.

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October 19, 2015, 05:40:45 PM
 #291

In my point of view , I totally Disagree with this that people borrow money for gambling purpose as it will Zero your balance in the end. It is bad addiction to take money for play games wrong way instead you can use your own technique to earn from gambling.For instance,  Numerous people take loan and never return back.



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October 19, 2015, 06:10:08 PM
 #292

Never. People shouldn't lend money to users who want to gamble their money and take a loan for a thing that's just a bad addiction but they should instead use their own money. I've seen people who take micro loans with their alt accounts and then never turn back to return the money.

Yes. Getting loan for gambling will make people to go aggressive while playing. Gambling is based on tactics we follow, but we will not be able to follow them as the result of pressure we feel from the loan repayment schedule which usually produces. So only gamble with a money which is affordable to loose.
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October 19, 2015, 06:31:35 PM
 #293

Well, indeed, just take a look at the Lending section here on the board.
There are a lot of people which are looking for some Bitcoins just for gambling.
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October 19, 2015, 06:45:38 PM
 #294

I'm against it. You shouldn't do anything on credit unless you really have to and there's no other way. Gambling is something you don't need, but do for fun and excitement. If you don't have money to sustain your basic needs you shouldn't borrow to satisfy pleasures.

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October 19, 2015, 07:01:46 PM
 #295

i believe people shouldnt borrow money in order to gamble it
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October 19, 2015, 07:15:19 PM
 #296

gambling its far form now my big addiction but i try to do facuets and never ask any where i lost like much 50% of my monthly income but i keep saying its for fun
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October 19, 2015, 08:46:27 PM
 #297

if you let someone borrow money to use in gambling, and that someone lose the money he/she borrowed to you. then how can he/she will be able to pay you ? so i dont agree with this.

Agreed with you, these people will be already in the financial crises and it is impossible for them to return the money. I believe that people should not lend the money to the gamblers as its very risky and there are chances to loose the money.
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October 19, 2015, 11:56:26 PM
 #298

if you let someone borrow money to use in gambling, and that someone lose the money he/she borrowed to you. then how can he/she will be able to pay you ? so i dont agree with this.

Ofcourse one wont be blind enough to give the money without the security .There are clauses involved.Even the loan taker will know what circumstances he'd be in if he fails to pay the money back.Also the loan giver should be well aware of the fact if he loses all his money what can I trade in or keep something as part of mortgagee.Its all logical tricks my friend.No one blindly gives loan.If they do then they're stupid .
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October 20, 2015, 12:17:55 AM
 #299


In my country we had gambling rehabilitation centers there are Inpatient Facilities and Outpatient Clinics that you can choose from, Gambling addiction treatment programs are confidential.

People who play gambling and seek to make loan need this rehabitation centers. In my opinion. Smiley

wow! Never heard of this kind of facility. Maybe this is a good idea since isolating them and keeping them away from access to gambling may help. What I know is these gambling addicts go through a series of counselling so they can somewhat be rehabilitated with their addiction.
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October 20, 2015, 01:41:12 AM
 #300

You should NEVER borrow money to gamble. ....

When greed and need are joined together, you can see the gambler begging for his best friend even his family to borrow. And most of this case were cause by lossing and want to recover his loss

That is common mistake every gambler does because they are so much addicted to these gambling and they are greedy to recover money where they have a lost it so finally they lose more in this process of recovery. I don't suggest any one to lend money if they know one is using borrowed money for gambling.
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