taking out a loan for a sports bet

[Issa56]

I think taking loan to gamble is really a bad idea, the risk is kind of high, which the chances of you winning or losing is 50:50, if you endup losing the bet how will you get to pay back your loan, I think you shouldn't be that addicted to gambling to the level of you planning to take a loan just to gamble. If you want to gamble its better you use your own money to gamble and it should be the extral cash you are having which you won't be making use of.

[Rengga Jati]

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?

Wait, are you planning to take a loan for betting? have you ever head about "spend only the amount that you can afford to loose"? If the money is loan, it means that you must win in order  to be able to turn back the loans and its interests. But, will you really win the betting? betting or gambling is uncertain, we cannot guarantee that we will win. Nobody knows that we will win or lose. I am sure that very few chance to get loans ifit is used for gambling, especially from the bookies that take advantage of greedy people who want to always play gambling.

[Joca97]

Well its not smart to takeout a loan for gambling. Everything can go wrong at any time. Even if the match is fixed and you think it will win 100%. You should always see and test out a few predictions if you have information. With a loan its a higher risk always try with lower amounts first

[agustina2]

There are companies that grant small loans with no collateral within minutes. You just need an ID.

Common things now here in my place. Lots of loan app companies but the interest is crazy. Although, you can't such amount mentioned by OP at these loan apps. Regardless, taking out a loan for a sports bet is a crazy thing to do.

Even though I have lots of money, I won't risk the information that OP got claiming it's a good bet to risk.

I'd rather trust my own analysis compared to any information that I will get for a possible supposed fixed match. Nothing beat our own experience than relying on some random information or tip that we didn't even know in the first place if it's legit or not.

[ipanks]

snip

Yes, that's correct. It is better to take a loan to develop a business than to gamble because we can have the possibility to make money and our business can also be more advanced. Playing gambling does not need to spend a lot of money because playing gambling is not too important to live. If you lose at the gambling table, your money is completely lost and you will have a hard time recovering it.

[TopT3ns]

snip

Yes, that's correct. It is better to take a loan to develop a business than to gamble because we can have the possibility to make money and our business can also be more advanced. Playing gambling does not need to spend a lot of money because playing gambling is not too important to live. If you lose at the gambling table, your money is completely lost and you will have a hard time recovering it.

Developing a business is not as easy as you say because when the business is started and there is no demand due to the lack of relationships from some friends, the money you use for the business does not grow, while when it comes to gambling there is still a possibility that it can give you income even though it is only small at least can provide results in a day without having to wait for someone else to buy the product you are selling.

Business and gambling have the same characteristics because neither can give a definite profit and each has the same risk.

[yazher]

If that's the case then it's not playing for fun anymore rather it's a life and death situation where you might put all of your life savings in just one match where you might not gonna have it back. Your life will not be the same after it whether you win or you lose since it is a huge amount of money. nevertheless, you cannot get anything from here other than tips and advice, and most likely you won't get their affirmation because they know what it means when you lose and you needed another loan to pay it back which will gonna hurt you in the long run.

[Finestream]

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 have a sustainable bigger source of income, that will be easier for you. But if you have none or even a stable job, its quite impossible for your loan to be approve. Honestly, i have not experienced taking even small loans for gambling. That is quite absurd to think. Good thing if you have multi sources to generate an income for you, but if you are just earning a minimal income, taking loans will never do good for you. Remember, its good to gamble if you are using your spare money, otherwise your life will be rekt if you lose a big amount and then suffer its consequences.

[Don Pedro Dinero]

When you have an account in a bank with some steady inflows, like from a job, banks will allow you to take a fast loan. The amount depends on many things like the bank itself, the amount of money going through your account, the age of the account, current loans that you have, and so on. In my case I had about 1.2k EUR of steady inflows in one of my accounts and could take a 5k EUR loan just like that from my bank API so a small loan is usually not a problem. There are companies that grant small loans with no collateral within minutes. You just need an ID.

That said, I wouldn't recommend going into debt to gamble.

The problem with what you say is that nowadays many people who have self-control problems take instant loans to continue gambling, which is a disaster. In the end they end up having to pay back a 5-year loan because they couldn't control themselves one night. I think the banks know this and that's why they make it so easy, and I'm not just talking about gambling.

What the OP is proposing is different, however, it would be a premeditated action, but a crazy one nonetheless.

[Peanutswar]

The is a too risky thing because if you think the information is legitimate and came from the match fix I guess there's a higher chance that you will get a good profit but if you just get the information somewhere else I guess it is better to make doubt to your decision if you are willing to risk it's all about gambling a high-risk reward set up. This bet is a life changer possible you get a good profit or possible you lose your life savings.

[ipanks]

snip

It is not easy, but if you already have a business plan or have started your business, then you can use the loan money to develop your business to be more advanced. But if the borrowed money is for gambling, you will not get a great opportunity to make money.

Business and gambling may have the same characteristics but it will depend on the plan we have made to run the business. In gambling, you risk a certain amount of money to make money. So you just choose which one you want to do.

[carlisle1]

When you have an account in a bank with some steady inflows, like from a job, banks will allow you to take a fast loan. The amount depends on many things like the bank itself, the amount of money going through your account, the age of the account, current loans that you have, and so on. In my case I had about 1.2k EUR of steady inflows in one of my accounts and could take a 5k EUR loan just like that from my bank API so a small loan is usually not a problem. There are companies that grant small loans with no collateral within minutes. You just need an ID.

That said, I wouldn't recommend going into debt to gamble.

The problem with what you say is that nowadays many people who have self-control problems take instant loans to continue gambling, which is a disaster. In the end they end up having to pay back a 5-year loan because they couldn't control themselves one night. I think the banks know this and that's why they make it so easy, and I'm not just talking about gambling.

What the OP is proposing is different, however, it would be a premeditated action, but a crazy one nonetheless.

Thinking that the game can easily predicted and hoping that shit won't mess around, taking a loan and gamble is not a good action at all.

My personal take on this is to gamble only your spare and enjoy whatever it takes. Most of the time, when you are on the winning side, you

become more aggressive. You are thinking that you are ahead against the house, not realizing that time is just waiting for your losing

streak to show up. It's not just the casino, but also applicable to sports betting.

[Gozie51]

I'd like to place a big bet of 50-100k, else done something like this?

feel free to message me or comment below 

This is my message to you. This amount you want to borrow on loan is too much to throw into a betting game. Remember it is not a guarantee that the money used in gambling will come back in winning to you. You may see the game like a banker but it outcome is not sure. Take a deep breath even if you an addict, don't throw such huge amount into gamble whose chances of winning is not in your hands but just a lucky tried.

[Cling18]

I'd like to place a big bet of 50-100k, else done something like this?

feel free to message me or comment below  

This is my message to you. This amount you want to borrow on loan is too much to throw into a betting game. Remember it is not a guarantee that the money used in gambling will come back in winning to you. You may see the game like a banker but it outcome is not sure. Take a deep breath even if you an addict, don't throw such huge amount into gambling whose chances of winning are not in your hands but just a lucky tried.

Loaning just to have capital in gambling is like borrowing something and your payment will rely on your luck. It's fine to take loans but it also depends on your purpose. Loaning for business would sound better but borrow for gambling will be a riskier decision. Lots of gamblers who gambled using borrowed funds have regrets and suffered after losing.

[Strongkored]

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 

People who dare to lend that much money to gamble may be losing their minds or you should look to your closest colleagues. It's very risky even though you bet on a team with low odds whose chances of winning are big, the results can still be different, indeed sometimes there are bettors who only bet at low odds with high stakes because they feel the chance to win is bigger but it's still a high risk, and gamble from debt is not a good idea in my opinion unless you have other income and are waiting for the money to credited to your account so you prefer to take loan so as not to lose the opportunity to gamble in big events.

[madnessteat]

I'd like to place a big bet of 50-100k, else done something like this?

feel free to message me or comment below 

This is my message to you. This amount you want to borrow on loan is too much to throw into a betting game. Remember it is not a guarantee that the money used in gambling will come back in winning to you. You may see the game like a banker but it outcome is not sure. Take a deep breath even if you an addict, don't throw such huge amount into gambling whose chances of winning are not in your hands but just a lucky tried.

Loaning just to have capital in gambling is like borrowing something and your payment will rely on your luck. It's fine to take loans but it also depends on your purpose. Loaning for business would sound better but borrow for gambling will be a riskier decision. Lots of gamblers who gambled using borrowed funds have regrets and suffered after losing.

TS just doesn't understand the consequences of gambling on borrowed money. I have known several people who have lost everything they had by gambling with borrowed money, so I think it is very important to discourage him from this endeavor.

If he is so eager to make money, let him first try to earn it with his own labor. I am sure that once he personally earns $10k he will change his mind about gambling with that money. Apparently he's young and doesn't understand that loans are a necessity.

[ReiMomo]

Your credit score, source of income, possibility of paying back, would determine how much you will be eligible to get as a loan. You might be aware of it by now. As many have said and from my experience, I would say, taking a loan for gambling / trading, is not appreciated. But if you know you can manage with the other source to clear the debts, then yes you can go ahead. But you will become addicted and will tend to still go for loans and debts. So its good to cut down at the very beginning.

[Fatunad]

Your credit score, source of income, possibility of paying back, would determine how much you will be eligible to get as a loan. You might be aware of it by now. As many have said and from my experience, I would say, taking a loan for gambling / trading, is not appreciated. But if you know you can manage with the other source to clear the debts, then yes you can go ahead. But you will become addicted and will tend to still go for loans and debts. So its good to cut down at the very beginning.

The question is, would he able to take up some loan that big? For sure it would really be mattering on your credit history or status which would really be a big thing to be considered
by any loan companies out there or banks which they cant just provide easily on what to those amounts that you have in your head thats why it all depends on your
capacity  and expect the requirements isnt something that could really be easy thats why you should provide all the requirements if ever you are forcing to have that
kind of amount but in overall taking a loan for gambling isnt sensible to be done.

[Kasabus]

Nah, I wouldn't dare to go that far and take a loan to put everything in sports betting. It's not a guarantee that your team will win. What if they losses? what's your plan on how to pay those loans? So it's very risky so I don't like the sound of it.

And those information that you get about those soccers, not sure how you can call it reliable. Maybe they are, but still, there are no assurance.

Taking a loan is very risky and you may lose them all for all you know. And once you lose, there's no way you can get them back. So always think a lot of times. Your source do not guarantee that you are really going to win, if he thinks that he's really reliable then let him take the loan and play sportsbetting. Believe me, its not gonna work. Although you can still gamble, but in just a moderate amount where you can afford to lose.

[Vaculin]

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 will not suggest taking a loan for gambling, even if you see a good winning percentage, there's still such a thing as getting busted because of an upset, only you can answer if you can take a loan easily how good is your credit loan and your friends are all willing to give you a loan based on your record, but I doubt if they are going to give you a loan just to place a bet, even a bank will not give you a loan if you're going to use to gamble.
I have not done it and I don't think I will do it, even if there's insider info, the risk is just too high.

With that huge amount, it's impossible that your loan will be approve knowing they are just going into sportsbetting. Once you don't have enough documents to present to the bank or someone you know that lends money, it will be hard for you to get that money. And for all sake, your decision will bring a lot of troubles later on. What if you lose them all? Do you think of any plans how to repay them?  No matter how reliable your source is, you should not gamble with such a very huge amount.