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Author Topic: taking out a loan for a sports bet  (Read 5276 times)
ethereumhunter
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June 08, 2022, 06:03:23 AM
 #101


If he takes a loan, we just hope he can manage the loan money wisely and not use it to play bets. He will get a big risk if he uses the money for betting because there is no guarantee of winning it. If he had lots and lots of valid information, he might have a chance to win but it would all come back to his luck. Many people who have loans find it difficult to repay the loan money, especially those who do not have an income every month. So he has borrowed money or if he wants to borrow money from someone else, he should think twice before deciding.


Exactly, borrowing money to gamble will only add a problem for our life, it would be nice if he win after betting $50K (example), but how if we are lose? Is there money to recover when we have to pay bills. I myself do not dare to do something like this. I'd rather use free money than borrowed money just to bet, since I already doing this long time ago, and I lose. Moreover, even though the team on paper will definitely win, there are always surprises in the match. Sometimes, when we are too confident, and bet All In, the result is just going opposite. However, back to the OP, if he feels he can pay if he loses, he will take the risk.
If we lose, we will lose the money and find it difficult to recover it. In addition, we have to pay back the money we have borrowed and usually, there is a time to be paid. I also prefer to use free money, especially research whether the casino can be a site where we play gambling later. I still see some of my friends using All In bets which cost them big losses. That's why we always recommend not to take too big a risk that we can't afford.

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June 08, 2022, 06:13:10 AM
 #102

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  Smiley
Gambling is already a risk and taking loan will increase your risk even further. What if the information you received is false? You will end up losing all and it is going to be really hard for you to pay the loan. And no one is going to give you 50k to 100k loan for gambling. When you take loan from banks, they will want to know what you are going to do with this money and how you are going to repay them. You will also need collaterals to get the loan.
Don't do it. Gamble only what you can afford to lose.

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June 08, 2022, 06:23:24 AM
 #103

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  Smiley

I think you should be able to consider more deeply about taking a loan just to gamble on sports, because you have to try to predict correctly, at least accurately up to 3 times in a row and if you have the courage to take a loan it is your risk that you must prepare.

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June 08, 2022, 06:28:41 AM
 #104

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  Smiley

Question is where do you plan to take a loan? Do you have any collateral to give incase you are not able to pay? 100k is not just a small amount that for someone to lend you especially that you'll just use it on gambling. Taking a loan just to gamble will just ruin your life. You'll just be in debt if you lose on that soccer match that you're planning to bet.

If someone could predict accurately the outcome of a sports, I don't think they will share it to someone.
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June 08, 2022, 06:29:56 AM
 #105

are you talking about in usd?
come on, your optimism is so good and strong but is there any other way, other than borrowing money for an event? it's a luck factor.
maybe you are so confident because you really like the football club and have watched it for a long time. why don't you use the funds that you are ready to lose in the pocket that you set aside? little can be obtained from fairly accurate predictions, but what if on the contrary?

let's say you still insist on borrowing, of course the condition is that there is a guarantee, either assets, valuable objects or something with easy liquidity and takes 3X24 hours.

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June 08, 2022, 07:04:48 AM
 #106

Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.

the guy simply created this thread and then disappeared, it looks like something happened to him, I hope he didn't go ahead with this idea of making a loan for gambling, in the past he created a thread where he showed that he won a lot of money , but we all know that in the world of gambling, not every day is won, and when it comes to losses, things start to hurt and at that moment it is easy for someone to think about wanting to borrow to continue playing. I hope OP doesn't borrow

let's say you still insist on borrowing, of course the condition is that there is a guarantee, either assets, valuable objects or something with easy liquidity and takes 3X24 hours.

In the past OP said he won a lot of money and his strategy was but sports betting he uses parlay and he showed here on the forum that he had many wins, something around more than 500,000$, the question I have is if he still has money or he lost everything and is looking to borrow money in the real world to continue playing. Anyway, taking out a gambling loan is not a good idea, even if he has a lot of valuable assets to pledge as collateral.

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June 08, 2022, 07:33:38 AM
 #107

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  Smiley

If you could have other alternatives to find funds for betting then don't loan. You'll only be putting yourself in a risky situation. There's no guarantee that you can win so if you'll loan, you'll have a hard time paying it. If there are upcoming events that you're interested in betting with, you must prepare for them ahead of time. It's better to use your own hard-earned money for gambling.
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June 08, 2022, 08:07:30 AM
 #108

^

We do not see in TS's words despair. Rather, we see a desire for easy money, but an educated person understands that the possibility of getting easy money through credit is associated with very high risks. Therefore, an educated person is more likely to decide not to participate in this kind of event.

In addition, desperation is not a feeling that a person should trust. Despair is more likely to lead to more problems because it clouds the sober mind and allows emotions to control a person.

I am not talking about Despair, I said TS is desperate in winning big in gambling he doesn't go to loan big amount of money or doesn't need to loan at all in playing low-risk gambling, but yes if that loan money would eventually lose then TS will surely learn and fee despair that is for sure,

And you are right in saying that Despair can surely cloud the mind and may sometimes lead to addiction, and yes educated people will surely see the value of money and the risk of gambling but not all educated people will see the risk in applying gambling to a loan, that is caused by desperation

Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.

From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.

So no, don't do that crazy thing.


This question exists for a reason, and it is really happening, there are a lot of crazy people that really do this kind of thing and even though we can not see what really happened to him there is an intention for him to gamble that loan money and giving idea for more people to make easy money in a risky way,

I have read in an article that there are students that are gambling with their borrowed money and this is in a survey that they have made in near schools that students can sure gamble with their parent's money, or sometimes borrow it from someone that they know, these teach us that all individual even the young students have access to gambling and there would be addicted students to gambling.
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June 08, 2022, 08:36:18 AM
 #109

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  Smiley
First How sure you are to get that Big Loan ? is there someone that can fill that amount?

Second is Are you really familiar with the soccer team and the opponent that you wanted to bet on?

those questions are need to answer because this is your money mate and it is your losses if not find the right track .









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June 08, 2022, 11:21:03 AM
 #110

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  Smiley

You mean 50k-100k$? if yes, this is a very large amount of money. And if you're gonna get this amount through loan program, probably it will not be easy instead it's gonna difficult for you to get this I am telling you now. Of course, the lender will ask you a big collateral to check if you are capable to pay that amount of money, unless you have a big assets in the exchange where they will surely get that depending in your agreement.

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June 08, 2022, 01:18:39 PM
 #111

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  Smiley

You mean 50k-100k$? if yes, this is a very large amount of money. And if you're gonna get this amount through loan program, probably it will not be easy instead it's gonna difficult for you to get this I am telling you now. Of course, the lender will ask you a big collateral to check if you are capable to pay that amount of money, unless you have a big assets in the exchange where they will surely get that depending in your agreement.

That's correct, no one could get that huge amount of money through loan here, even if he will convince the lender that the bet is guaranteed to win, they will never believe because in real life, it does not exist, it's just only the words coming from the scammers.

The right thing to do, is collateral the house and lot and ask for a loan, but probably only available through financial institutions like banks.

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June 08, 2022, 01:43:42 PM
 #112

Even if I really believed one of those teams could win the game and the stakes would be profitable, then I wouldn't make that loan just because I wanted to bet. It's too risky to do because we never really know what will happen at the end of the game even if you believe the favorite team can win. Loans to bet are never recommended but you are probably safe to bet if it's your own money an amount you can afford to lose.

I don't even think it's safe to make a loan for investment, much less for gambling. But if you really believe you can win that bet then start with a small amount and if you are successful, combine those wins to bet on the next match. But try to avoid loan to gamble if you don't want to get into trouble.

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June 08, 2022, 01:46:04 PM
 #113

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  Smiley

You mean 50k-100k$? if yes, this is a very large amount of money. And if you're gonna get this amount through loan program, probably it will not be easy instead it's gonna difficult for you to get this I am telling you now. Of course, the lender will ask you a big collateral to check if you are capable to pay that amount of money, unless you have a big assets in the exchange where they will surely get that depending in your agreement.

That's correct, no one could get that huge amount of money through loan here, even if he will convince the lender that the bet is guaranteed to win, they will never believe because in real life, it does not exist, it's just only the words coming from the scammers.

The right thing to do, is collateral the house and lot and ask for a loan, but probably only available through financial institutions like banks.

It may be better to abandon the idea of ​​taking out a sports betting loan altogether.  

Many crypto enthusiasts (bitcoin maximalists) have sold their houses, apartments and land to invest in bitcoin.  

Maybe the topicstarter should do the same.  If he is absolutely sure of the reliability of insider information about the outcome of a sports match, then perhaps he should sell his property and receive the necessary amount of money.  This will allow him to save on paying interest to the bank.  

However (in my opinion) this is a very risky gamble.  

Therefore, I do not recommend the topikstarter to sell the last apartment - otherwise he will simply have nowhere to live.

.
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June 08, 2022, 02:09:48 PM
 #114

I don't even think it's safe to make a loan for investment, much less for gambling. But if you really believe you can win that bet then start with a small amount and if you are successful, combine those wins to bet on the next match. But try to avoid loan to gamble if you don't want to get into trouble.
Some gamblers are willing to bet using a loan even though they already know the risk to bear double losses because they have to pay the loan according to the agreement time, if the loan is in arrears then he pays the interest too. So in gambling it is not recommended to gamble from loans because gamblers are not focused on enjoying gambling other than greed for winnings and can benefit from loans.

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June 08, 2022, 02:09:48 PM
 #115


That's correct, no one could get that huge amount of money through loan here, even if he will convince the lender that the bet is guaranteed to win, they will never believe because in real life, it does not exist, it's just only the words coming from the scammers.

Precisely, a guarantee bet is not something that anyone can easily been proven, maybe a part of a deeper mafia, but they will never share that information. They will protect it not to be leaked. It's a lot of money that in stake and no one from that particular group will take that risk being burned if they mistakenly exposed their business. (not proven, but rumors think it does exist)

Quote
The right thing to do, is collateral the house and lot and ask for a loan, but probably only available through financial institutions like banks.


If you have that properties, you use it as collateral to collect the funds that you needed, if you are sure with that kind of decision
no one can stop you, but always put in mind that shit can happened and learning things the hard way is something that you won't
love to experienced.

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June 08, 2022, 02:20:04 PM
 #116

Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.

From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.

So no, don't do that crazy thing.

Even if the team is bought, first of all, this does not guarantee a 100% result (they cannot openly score goals in their own net, and the opponent may be unlucky that day). Secondly, bookmakers, having suspected something was wrong, can return all bets. And then at least the OP will have to pay for using the loan, but at the same time he will not receive any profit.

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June 08, 2022, 05:33:11 PM
 #117

I don't even think it's safe to make a loan for investment, much less for gambling. But if you really believe you can win that bet then start with a small amount and if you are successful, combine those wins to bet on the next match. But try to avoid loan to gamble if you don't want to get into trouble.
Some gamblers are willing to bet using a loan even though they already know the risk to bear double losses because they have to pay the loan according to the agreement time, if the loan is in arrears then he pays the interest too. So in gambling it is not recommended to gamble from loans because gamblers are not focused on enjoying gambling other than greed for winnings and can benefit from loans.
Thats the real impact of taking a loan. People who have taken a loan for some other purpose in the past will never think of taking a loan again. When we were credited with the loan amount we find happiness, but the same won't last while repaying.

A loan is a good plan for a purpose that gives assured return. With gambling we don't have anything assured of a win, there is chances of loss too. Not after the tenure, once the amount gets credited automatically the interest gets calculated and added to the capital.

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June 08, 2022, 07:33:51 PM
 #118

Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.

From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.

So no, don't do that crazy thing.
I think the author of this thread is safe... He is not going to borrow 50,000$-100,000$ from any lender or institution without a very good collateral. Cheesy

Even craziest than borrowing money to gamble, it is to lend such amounts of money to a gambler without a guarantee he can pay back if his bet goes wrong.

With huge money there are many other methods to invest and make that sum grow. It's really not necessary to go all in one bet, doesn't matter how safe it looks.

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June 08, 2022, 07:40:20 PM
 #119

Seeing how infrequently the thread creator posts, I doubt we'll ever find out if he took the loan and how it turned out if he did.

From any rational point of view it is crazy what is being proposed. The only exception would be if he knew 100% that a team had been bought to lose, which is highly unlikely to happen and virtually impossible for anyone outside the deal to find out.

So no, don't do that crazy thing.
I think the author of this thread is safe... He is not going to borrow 50,000$-100,000$ from any lender or institution without a very good collateral. Cheesy

Even craziest than borrowing money to gamble, it is to lend such amounts of money to a gambler without a guarantee he can pay back if his bet goes wrong.

With huge money there are many other methods to invest and make that sum grow. It's really not necessary to go all in one bet, doesn't matter how safe it looks.
Never ever consider yourself to be on that safe situation whenever you do get involved yourself with gambling because you would definitely be experiencing the other way around when it comes to probability of
winning which we know that its always been risky no matter how you do consider yourself to be good on sports betting. Taking a loan for the sake of gambling is never been a good idea.
I dont know on why there are some people do really consider out on taking such risk without even trying to realize on the risk factor plus acquiring such loan amount isnt
something easy yet this one would require lots of requirements and needed for a loan to be granted.

R


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June 08, 2022, 07:46:17 PM
 #120

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Well, it will always be TS's decision if he wants to take a loan for gambling then get one, but it will always be his responsibility to pay up the loan in due time, even if he wins or lost in betting soccer it is always good to pay up your loan because that could get ugly in his part, his credibility is at stake he can never get a loan in some other platform if he could have a record if he will be needing money for an emergency,

But yes it is stupidity to make loans for a gambling match that has a huge risk involved, I think there could be some people that are very lucky to make loans and win a bet but that is by an actual chance only, so yes my advise is do not take loans for gambling,

It's the thing, some people are not responsible! Some people are taking loans without thinking about how to return them eventually! What these people don't understand is that it's not just their "credibility" at stake, family and close people can suffer a lot more! So when it comes to OP and his words I think he is very irresponsible when he says how he plans a 50k-100k loan for a bet on a soccer game?! I think he doesn't understand the consequences if he loses a bet! And as I said, even if he wins it will be just postponing a disaster, he will probably think about the easy money and he will try to do the same with more money maybe! So the hole will just get deeper and deeper...

It's stupid to borrow money for gambling in any possible way! People should have fun with gambling if they have some money to spare, playing with borrowed money is just a burden, and people should never do it!  

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