iamsheikhadil
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November 03, 2019, 12:19:40 PM |
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It happens. I didn't do anything like this but I know how it feels to be at a loss. The worst thing you can do is try to borrow money again to get your first loss back through gambling. The best thing you can do is work honestly and pay back what you owe to your friend. You can't take back time but you can keep the relations with your friend and be a good person.
You have learned a lesson and these are usually not free so don't beat yourself over it.
I agree, and I have been in similar situations when I borrowed money from friend and lost. The worst anyone can do at this point is lying. Look, gambling isn't a crime and gambling isn't "cheating" on your friend. If I tell to my friend that I gambled using his money and lost, it will make him angry. But it will not end our friendship. He can call me stupid, idiot and say "shouldn't have done that". But it will save the friendship, but if I lie, he will think I'm making excuses to not return the money and then it can affect on the friendship.
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Fatunad
Sr. Member
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November 03, 2019, 01:16:54 PM |
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IMHO,borrowing money itself a bad thing based on myself because we are moving apart from something which we couldn't afford but gambling with that money makes how badly you did the mistake. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Like others said this could be a lesson for life and will make you better incase if you borrow money from someone with managing it carefully. In the end?still borrowing money is next to stupidity if used for gambling righ? How many of us here experienced this already?dos the scene complement us?or just bring failure and bitterness? Will never do the same thing even given a chance. And I have a respect for myself and couldn’t declare to be a diff by all means ,so will not borrow to gamble Yes,unless we know what number is going to win on the lottery we are going to bet. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Which is also definitely not possible though so yes its just the stupid thing if someone borrow money and gamble with it to make profits and repay the borrowed money. In that case that's like adding fuel in a fire. Betting in a lottery hoping to pay off your debt when you win is like shooting the sun with a watergun. It's not gonna pay the debt it will only worsen the current situation. There was a local news about a gambler who committed suicide because of the huge debt after lossing too much money from gambling and repaying it will take him a lifetime of working. That's an example of high level of stupidity.
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huige007
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November 04, 2019, 01:43:26 PM |
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IMHO,borrowing money itself a bad thing based on myself because we are moving apart from something which we couldn't afford but gambling with that money makes how badly you did the mistake. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) Like others said this could be a lesson for life and will make you better incase if you borrow money from someone with managing it carefully. In the end?still borrowing money is next to stupidity if used for gambling righ? How many of us here experienced this already?dos the scene complement us?or just bring failure and bitterness? Will never do the same thing even given a chance. And I have a respect for myself and couldn’t declare to be a diff by all means ,so will not borrow to gamble Yes,unless we know what number is going to win on the lottery we are going to bet. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Which is also definitely not possible though so yes its just the stupid thing if someone borrow money and gamble with it to make profits and repay the borrowed money. In that case that's like adding fuel in a fire. Betting in a lottery hoping to pay off your debt when you win is like shooting the sun with a watergun. It's not gonna pay the debt it will only worsen the current situation. There was a local news about a gambler who committed suicide because of the huge debt after lossing too much money from gambling and repaying it will take him a lifetime of working. That's an example of high level of stupidity. Killing two birds with one stones, actually its three in this case, making money, paying debts and above all, the happiness of winning; is very rare. I have never ever expected luck to be too sweet and helping because most of the times rather all the times it is not. Debts is the biggest reason behind gamblers committing suicide or performing actions like betting their wives and stuff. Gambling is a game, not a source of income.
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Betwrong
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I stand with Ukraine.
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November 04, 2019, 03:31:55 PM |
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~ This is not the first time people are sharing about their frustrating losses in gambling out of borrowed money. But, this kind of sad stories keep coming always and from that we need to realize people never learn any lesson out of this forum but they keep continuing what they want to do by losing their time and money.
There's no doubt that such stories will continue to happen with gamblers outside of this forum, but I really hope that our discussions here and in similar threads help those who read them to stay away from such dangerous steps as borrowing money for gambling. So, I disagree with the notion that people never learn. I think they do learn from what they read, and bad things happen to people who never read something from where they can learn something.
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TheUltraElite
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So anyway, I applied as a merit source :)
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November 05, 2019, 06:10:32 AM |
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Yes,unless we know what number is going to win on the lottery we are going to bet. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) LOL if that was possible then there would not exist any speculative money making markets in the world. Casinos, exchanges everything would have become non-existant, hence it is false. Addicted gamblers tend to fuel their greed by money eventually ending up with a broke balance and then resort to unfair means of getting money which include lying, stealing and sometimes borrowing from their close ones. They forget that the golden rule is to gambler responsibly. They are responsible for their own actions and so they must know when to stop. Every gambler has a bad day, does not mean it is the worst.
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onrise
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November 05, 2019, 06:24:31 AM |
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~ This is not the first time people are sharing about their frustrating losses in gambling out of borrowed money. But, this kind of sad stories keep coming always and from that we need to realize people never learn any lesson out of this forum but they keep continuing what they want to do by losing their time and money.
There's no doubt that such stories will continue to happen with gamblers outside of this forum, but I really hope that our discussions here and in similar threads help those who read them to stay away from such dangerous steps as borrowing money for gambling. So, I disagree with the notion that people never learn. I think they do learn from what they read, and bad things happen to people who never read something from where they can learn something. It is so beneficial for people who read this and learn from other experiences and do not burn their own money for free . Those who are smart will understand this and stay away else we will have some other who will share their experience of losing the money .
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perla
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November 05, 2019, 07:32:29 AM |
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~ This is not the first time people are sharing about their frustrating losses in gambling out of borrowed money. But, this kind of sad stories keep coming always and from that we need to realize people never learn any lesson out of this forum but they keep continuing what they want to do by losing their time and money.
There's no doubt that such stories will continue to happen with gamblers outside of this forum, but I really hope that our discussions here and in similar threads help those who read them to stay away from such dangerous steps as borrowing money for gambling. So, I disagree with the notion that people never learn. I think they do learn from what they read, and bad things happen to people who never read something from where they can learn something. It is so beneficial for people who read this and learn from other experiences and do not burn their own money for free . Those who are smart will understand this and stay away else we will have some other who will share their experience of losing the money . Not much people who want to read forum, or maybe see other people's experience before they do gambling. Maybe open the forum only to see the review about site that he want to play really have reputation or not. That is why a lot of people keep come with their sad stories either they lose, greedy or maybe use money from loan to play gambling.
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Betwrong
Legendary
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I stand with Ukraine.
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November 05, 2019, 09:24:16 AM |
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~ This is not the first time people are sharing about their frustrating losses in gambling out of borrowed money. But, this kind of sad stories keep coming always and from that we need to realize people never learn any lesson out of this forum but they keep continuing what they want to do by losing their time and money.
There's no doubt that such stories will continue to happen with gamblers outside of this forum, but I really hope that our discussions here and in similar threads help those who read them to stay away from such dangerous steps as borrowing money for gambling. So, I disagree with the notion that people never learn. I think they do learn from what they read, and bad things happen to people who never read something from where they can learn something. It is so beneficial for people who read this and learn from other experiences and do not burn their own money for free . Those who are smart will understand this and stay away else we will have some other who will share their experience of losing the money . Not much people who want to read forum, or maybe see other people's experience before they do gambling. Maybe open the forum only to see the review about site that he want to play really have reputation or not. That is why a lot of people keep come with their sad stories either they lose, greedy or maybe use money from loan to play gambling. I think this situation is going to change in the future. Gamblers, even those who have nothing to do with crypto, can read many cautionary tales here and can get many good advices on gambling in general. Maybe a big part of this forum is signature spamming garbage, but some posts do contain valuable information, which can hardly be found anywhere else.
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EdenHazard
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November 05, 2019, 03:46:08 PM |
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If someone borrowed money for gambling, and then doubled or tripled it, they can celebrate, of course, but it is very important that that person know that borrowing money for gambling is still a big mistake, regardless of the outcome, or, otherwise, they might be stepping on a very dangerous path, thinking that if they borrow more they can win more. If it's already in the past, okay, we can't change the past, but in the future it must be an absolute rule that you never borrow money for gambling.
I have heard lots of gamblers went for borrowing money and then gambled to multiply it even for 10x to but never heard about cashed out their profits and left the casino to repay their loan. I mean to say I never heard about the celebration after gambling. It is like most gamblers want to celebrate their success again with gambling and this is the reason they never want to leave gambling. So, they keep on gambling to keep on celebrating until they finish off themselves ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) . This is not the first time people are sharing about their frustrating losses in gambling out of borrowed money. But, this kind of sad stories keep coming always and from that we need to realize people never learn any lesson out of this forum but they keep continuing what they want to do by losing their time and money. Everyone has one worst day to go through in their lives, especially when it comes to financial problem that caused by your gambling behavior... a wrong way to solve your problem instead things cleared out , you get stuck on a bigger problem. Never easy to gamble responsibly, you should go for professional help service once you feel you are going to lose everything. And this short story tells you that a game like dice is a dangerous one who often makes people frustrated in loss within a couple minutes even seconds! This game is addicted as hell , people should avoid that game especially a temperament one! Moreover borrowing money is the root of gambling mistake, a fatal mistake that everyone can't fix for sure.
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Youghoor
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November 05, 2019, 05:48:03 PM |
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Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Gambling hates the idea of you borrowing money just to gamble with it. In your mind, you were going to use the borrowed money to make extra cash and later pay back the money. Also when gambling, you should always stop when you lose three times on a roll. It is a sign that you might end up losing all your funds.
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South Park
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November 06, 2019, 05:22:19 PM |
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Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I do not have a problem with people gambling responsibly but this is why we are told to never bet with borrowed money or money that you cannot afford to lose, because as soon as luck turns against you your mindset will change and you will be unable to control yourself, I have seen this happening in front of my eyes too many times to count and I have seen people lose their whole salaries in minutes, it is a hard lesson for you but if you learn from it and you become wiser because of it then at least you will get something out of that terrible day.
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TinaK
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November 06, 2019, 06:28:25 PM |
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Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Gambling hates the idea of you borrowing money just to gamble with it. In your mind, you were going to use the borrowed money to make extra cash and later pay back the money. Also when gambling, you should always stop when you lose three times on a roll. It is a sign that you might end up losing all your funds. I will never support such activity doing investment with the borrowed amount. Everyone in this world is having some commitment and need to earn for their family or someone. In that case we will not allow others to make money with the our hard earned and borrowed money. Try to avoid borrowing as much possible to have calm life.
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janggernaut
Legendary
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November 06, 2019, 11:19:31 PM |
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I will never support such activity doing investment with the borrowed amount. Everyone in this world is having some commitment and need to earn for their family or someone. In that case we will not allow others to make money with the our hard earned and borrowed money. Try to avoid borrowing as much possible to have calm life.
You are totally wrong. Borrowing money for investment/bussiness is a good way to make your bussiness get bigger quickly, as long as you already know the risk and how you will pay the loan + interest later, you shouldn't worry about your borrowing money. The problem is when you borrowing money for gambling purpose, which is likely you can't know the result since almost all of them are lucky based games.
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Betwrong
Legendary
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Merit: 2204
I stand with Ukraine.
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November 07, 2019, 08:57:59 AM |
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I'd really like to hear from the OP again.
@Duzter, what happened next? Have you buy back your gold already? What did your friend say to you hearing that lost all the money he loaned you? And the most important question - in my opinion - Were the replies in this thread helpful in any way?
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aioc
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November 07, 2019, 10:13:54 AM |
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I'd really like to hear from the OP again.
@Duzter, what happened next? Have you buy back your gold already? What did your friend say to you hearing that lost all the money he loaned you? And the most important question - in my opinion - Were the replies in this thread helpful in any way?
I think it's the other way around, he is the one who loaned the amount that is why we have that title Worst Day of My LIFE - Dice not his friend and he is now advising people not to loan people just to gamble it, because it will really lead to suffering, like what he is experiencing right now.
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AliMan
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November 07, 2019, 11:36:54 AM |
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I'd really like to hear from the OP again.
@Duzter, what happened next? Have you buy back your gold already? What did your friend say to you hearing that lost all the money he loaned you? And the most important question - in my opinion - Were the replies in this thread helpful in any way?
I think it's the other way around, he is the one who loaned the amount that is why we have that title Worst Day of My LIFE - Dice not his friend and he is now advising people not to loan people just to gamble it, because it will really lead to suffering, like what he is experiencing right now. This guy is not a selfish person because he cares for the welfare for other people, not just his friend but also for others who still have the potential of getting drowned same as his failures in gambling. Getting loans for the sake of gambling investment is a very big mistake, then everyone should pay attention to what this man being broken with his unforgettable past which led him to become frustrated.
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Krislaw
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November 07, 2019, 12:17:56 PM |
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Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) Part of the rules of gambling, do not borrow money to stake. You made so many mistakes here including gambling irresponsibly(i am not trying to insult you). You should try to use gambling disciplines once you realise that you start losing. You shouldn't be blackout because you lose, relax and observe for sometime. I know it was a though decision for you which can never be undone and I'm sure you have leaned your lesson the hard way. My little advise is that don't try to gamble in order to pay your friend back because it may not end well.
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Betwrong
Legendary
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Activity: 3374
Merit: 2204
I stand with Ukraine.
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November 10, 2019, 09:15:11 AM |
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I'd really like to hear from the OP again.
@Duzter, what happened next? Have you buy back your gold already? What did your friend say to you hearing that lost all the money he loaned you? And the most important question - in my opinion - Were the replies in this thread helpful in any way?
I think it's the other way around, he is the one who loaned the amount that is why we have that title Worst Day of My LIFE - Dice not his friend and he is now advising people not to loan people just to gamble it, because it will really lead to suffering, like what he is experiencing right now. Really? Have you bothered to read the whole post by any chance? Because it's obvious from the fist two sentences Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. ~
that it was the OP who borrowed money and lost all of it, plus $250 from the mortgaged gold. Please, guys, before posting in a thread, read the OP first.
Unfortunately, no updates from the OP in this thread, although they were making 11 posts on this very forum just two days ago.
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South Park
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
November 10, 2019, 04:41:20 PM |
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Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. ~
that it was the OP who borrowed money and lost all of it, plus $250 from the mortgaged gold. Please, guys, before posting in a thread, read the OP first.
Unfortunately, no updates from the OP in this thread, although they were making 11 posts on this very forum just two days ago. What surprises me the most is the amount of money his friend borrowed to him, 1600 dollars is a lot of money, in many countries that is several months of work and even in developed countries that is still one or two weeks worth of work, I love my friends but they know that my limit when it comes to loans I will give them with no question asked is only 50 dollars, anything more than that and I apply the same rule that is applied in the forum of no collateral no loan.
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onrise
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November 10, 2019, 04:46:27 PM |
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Borrowed $1600 from my friend. Apart from this placed gold as collateral and got $250. Altogether with hope of returning the borrowed amount and taking the gold back started to play dice after a long. At the beginning it went good, and when my profit reached $200 started to fail. Once I began to loss I was out of my control. Within minutes everything went out of my control, my mind didn't had the ability to think. I just doubled the bets consecutively. Ended with a loss. Now I was in a situation to repay my friend the borrowed amount. Please don't borrow and spend on gambling, it might give an earning, but that mostly leads to suffering. ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) yes this is gambling, if from borrowing money to play it will have a greater burden to win, emotions can not be controlled and finally as like digging your own grave. Borrowing money to gamble is the biggest and most dangerous mistake according to me because you would always be under pressure to gave back money and till that time you would have a lot of stress and would do anything to get money which could even involve wrong doings.
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