taking out a loan for a sports bet

[traderethereum]

Taking a loan is not easy for someone, especially if it is to place a bet because we don't know how valid the data we get is.
Even if you feel confident with the information you have, it does not guarantee you will get a win because the match situation can change at any time.
It's better not to take a loan and only use the money you can afford to place bets but there may also be people who take loans to place bets even though it's not recommended.
We can only advise you not to take out a loan but then it's up to you.

[goldkingcoiner]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below  

I very much are in doubt over whether or not someone would give you such a large loan just to gamble it all on a bet. How reliable do you think your information is going to be? Not really a smart idea, I would advise against it. And even if you did go through with it, how do you convince anyone to loan you money for gambling unless you have large collateral?

[Saisher]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below 

No way if you're going to take a loan and tell the lender what's the purpose of the loan, gambling has no guarantee of return, and asking for a loan to bet is a huge mistake that any gambler can commit, I would not even think of getting a loan for that, and unless you are 100% sure of the win which is nonexistence in gambling unless it is fixed.

[Jemzx00]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below 

No way if you're going to take a loan and tell the lender what's the purpose of the loan, gambling has no guarantee of return, and asking for a loan to bet is a huge mistake that any gambler can commit, I would not even think of getting a loan for that, and unless you are 100% sure of the win which is nonexistence in gambling unless it is fixed.

Actually, there are more factors that the lender will require the borrower when asking for a loan. One of the most important factor that they'll ask is collateral especially for loaning that amount and has no previous transaction from the bank that you're loaning from. If you will be able to provide a collateral has more value from your loan such as assets, cars, property and more then they'll approved it whatever reason for it.

[virasisog]

Loaning isn't that easy because there are still documents and collateral that you have to comply with. It's also not a good idea to risk your assets just to have enough funds for gambling. If I were you, I would save and allocate enough funds for gambling than borrowing just to pursue it. There's no guarantee that you could win since gambling is mostly based on luck. You might have a hard time paying if ever you won't get lucky on it. 

[Maus0728]

I'm afraid it's a recipe for disaster that you'll live to regret for the rest of your life.

I mean who the heck will borrow a huge sum of money in exchange for a probabilistic return. People who insist in taking out loans or borrowing even a small amount of money from their relatives really doesn't make sense. Also, if you don't know how you can pay your loans when you lose, you are better off robbing a bank or that person you have borrowed money from.

[bittraffic]

I'm afraid it's a recipe for disaster that you'll live to regret for the rest of your life.

He wouldn't even have a life if the lender finds out he bets the money and loses. But maybe if he won, it wouldn't be that bad.

I mean who the heck will borrow a huge sum of money in exchange for a probabilistic return. People who insist in taking out loans or borrowing even a small amount of money from their relatives really doesn't make sense. Also, if you don't know how you can pay your loans when you lose, you are better off robbing a bank or that person you have borrowed money from.

Exactly! Who would lend that much in today's economy? Normally, the lender will look for guarantor and check the background of the loaner before he'd be approved so its not really easy toget that much of a money and then bet the next day.

[Ararbermas]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below  

i don't have experience taking out a loan just to gamble , but for sure if you take a loan with such amount of money,  you need to pass more documents first to see if you are eligible for the loan that you're requesting to them.  And it will not take too long if they already saw that you're eligible , probably 2-3 days is enough.

[lienfaye]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below  

How certain are you with the information you get to risk a huge amount? Regardless of how accurate it is, taking loan for gambling is not a good idea. What if the result is not what you expected it to be? Plus its not easy to take loan with such amount (assuming you'll take loan in banks) because they are strict and will evaluate if you're capable to pay it back.

[ethereumhunter]

We do not recommend anyone or anyone else take out a loan just to place a bet because it can be risky. We never know what will happen with the match and if we lose, there is a possibility that we will find it difficult to repay the loan money, especially if we have no income. So we better avoid it and don't spend more money on betting. That way, we can also avoid big losses to have money for other things still.

[erep]

How certain are you with the information you get to risk a huge amount? Regardless of how accurate it is, taking loan for gambling is not a good idea. What if the result is not what you expected it to be? Plus its not easy to take loan with such amount (assuming you'll take loan in banks) because they are strict and will evaluate if you're capable to pay it back.

Using loan funds is not recommended for gambling even though it can measure the potential victory of the soccer team you choose, but in the end not all predictions are correct because in soccer betting sometimes conditions can change beyond expectations, such as a popular soccer team has been defeated by mid-rated soccer team, we can see evidence in the history of all football matches this season.

[yahoo62278]

Where would you be seeking this loan from? No one on here would loan you that amount without adequate collateral. I also doubt any bank will give a loan of that size without collateral.

Let's assume you got this loan though, and the team you bet on didn't cover for you. What then?

[Gianluca95]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below 

I guess that you shouldn't ask for a loan for do a bet. This is really risky and puts you in a position that, if you lost this bet, you're ruined. I guess that you should bet what you can afford to lose, no more. But anyway, if you

need a loan, I guess that bank will not give it to you if you tell them that is for a bet  . Anyway, ask to a familiar if he/she can help you, a private loan would be the best solution for you.

[smyslov]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

You should be specific and tell us what kind of information you receive is it a fix or just a good tip, if you are going to place a bet it should be on something you are comfortable losing and never take a loan to gamble it will ruin your finances

feel free to message me or comment below 

What's the purpose of messaging you or what do you mean send you a message.

[romero121]

You've made a good win out of your previous bets. During the month of January you've won a big amount of $550k+ out of sports betting. That shows you're good with your match predictions, but going for a loan to make a bet isn't necessary. Out of the massive win you can go for a bet with 10% of the amount won. Going for a big bet and making a win might end you to be on the Stake team.

[Fortify]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below 

This is truly a terrible idea and it is highly unlikely that anyone will lend you money for such a purpose. You probably have already tried to take a loan out if you made it here and you'll never see "for gambling" as an acceptable loan purpose when you look through all the options. I've seen bets lose that were 1.01 which pretty much represents you are guaranteed to win at that point (you make 1%  or 1/100 from placing such a bet). Never is sure fire and it is not a sliding scale - you lose everything if it goes the wrong way. Why would anyone lend you such an amount, when you could simply declare bankruptcy the next day if it doesn't go your way? If you want to bet such amounts then you should realize how hard it is to save up such an amount.

[blockman]

We do not recommend anyone or anyone else take out a loan just to place a bet because it can be risky. We never know what will happen with the match and if we lose, there is a possibility that we will find it difficult to repay the loan money, especially if we have no income. So we better avoid it and don't spend more money on betting. That way, we can also avoid big losses to have money for other things still.

Others are saying it depends but despite any dependency and chances of any possibility, I'd say that just don't do it. You'll regret it if you lose and if you win then you're lucky.
But just don't do it if it's not your money, that's the basic rule that one can take into his mind whether it's trading or gambling. Just use your own money for any of those sakes but if it's not yours and you're coming to that point, you'll see the negative effect of it if things didn't go according to what you've planned and the fate isn't with you.

[bitzizzix]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below 

If you want to borrow money just to bet, you should look and remember your previous footsteps when betting, do you often win or always win when betting with your own money?
and if you often lose when betting and want to apply for a loan to bet and for whatever reason it's very silly, because when you bet with your own money you always lose.
it only makes you suffer, already suffering will destroy you. Think carefully before you regret and reflect before doing it.

[Ulven]

The rule of never using a loan to fund your gambling is one that many gamblers don't understand early on!!! While gambling can be a fun and exciting past time, it can also be extremely addicting. If you think that you have developed a gambling addiction, seek help before your debts get out of control.

[YOSHIE]

recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k,

Know the risk of placing gambling bets, a budget of $50-100 thousand, can make you rich, if you win, you lose you can go crazy.

how easy would it be for me to take out a loan and how long would it take?

Depending on where you borrow and the loan term agreement with the lender for you.

has anyone else done something like this?

Don't know.

My advice, try to make a bet with the money you have, a loan is not a good idea to gamble, the risk is greater than expectations.