taking out a loan for a sports bet

[aleandromagno]

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 think anyone who has ever taken loan for gambling will tell you to never do this. Even people who have no idea about gambling will certainly tell you that it is a very bad idea.
It is enough for you to imagine a situation in which you lose all the money you borrow. You are then left with the loan to be repaid and with great remorse. Don't do this to yourself.

[gabbie2010]

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.

Gambling in sport is unpredictable and the OP wanted to  take a risk that doesn't worth taking, imagine losing the whole money obtained as a loan probably the OP must have used a property as a collateral obviously it going to be sell off to offset the loan, I won't advice anyone to obtain a loan to gamble, this is absolutely a bad idea it won't end well because it is a half chance and the outcome is uncertain, it is always a good idea to gamble with the amount of money you can afford to lose, "afterall slow and steady wins the race".

[Tellek Garing]

Is a bad idea to take a loan to gamble what if you lose the bet you become indebted and leading to a bad situation you may not like, gambling should be done as a fund and anything above that is too risky a risk to take, I will advise you place the bet with any amount you can afford and let go of the idea of borrowing to place a big bet just with the hope of winning.

Football is a highly unpredictable sport and the outcome cant be predicted so even if you are assured of a sure game or fixed matches the results can still come against your prediction so be careful.

[seleme]

Definitely think twice before taking loan, there is no 100% fixed match and you can lose more than what you can afford to lose. What if, you take a loan and placed sports bet then it loses? Well, you have to pay back whatever amount you borrowed and it will be stressful day unless you are able to pay back soon. Just my 2 cents.

[Gianluca95]

Definitely think twice before taking loan, there is no 100% fixed match and you can lose more than what you can afford to lose. What if, you take a loan and placed sports bet then it loses? Well, you have to pay back whatever amount you borrowed and it will be stressful day unless you are able to pay back soon. Just my 2 cents.

Exactly. Ask for a loan it is never a good idea. Banks are not stupid and you should put your home or something with high value as collateral, and you can risk to lose it for a match that you're also sure that is not fixed at 100%.

So, consider what are you doing, and think about. Less gains sometimes means also more safety.

[Google+]

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 

taking a loan to play gambling, I think this is the wrong choice, especially if you borrow money at the bank, you automatically have to pay interest every month. Well, if you are lucky, you can pay off the loan, but if bad luck befalls you, I think you will be under a lot of stress about this. so my advice is that you are better off looking for other options than borrowing just to gamble and never expect you to be rich in an instant when you play gambling. look for a job first when you get an income every month maybe that's the time for you to manage your finances and the rest you can relieve stress by playing gambling.

[johhnyUA]

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?

Oh, i missed a lot since i was out this forum. Such brilliant treads, for example 

OP, the worst idea is to take a loan for the things which you're not sure about their outcome and which you can't controll directly. Biz is different story, because in biz you're the main creator of success

[Sirait]

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  

taking a loan to play gambling, I think this is the wrong choice, especially if you borrow money at the bank, you automatically have to pay interest every month. Well, if you are lucky, you can pay off the loan, but if bad luck befalls you, I think you will be under a lot of stress about this. so my advice is that you are better off looking for other options than borrowing just to gamble and never expect you to be rich in an instant when you play gambling. look for a job first when you get an income every month maybe that's the time for you to manage your finances and the rest you can relieve stress by playing gambling.

Most people go bankrupt and fall into poverty because they are unable to pay their debts to banks (because the bank doesn't care about our problems and demands a payment that we must pay monthly) or moneylenders. don't sacrifice the future just for things that are uncertain like gambling, as long as you don't borrow money from the bank to gamble then you can live in peace even though the profit you get is very small.

[Alisha-k]

Taking a loan to place a bet? Wow! How certain are you that the game's a fixed one? Do you have an alternative means of paying back when it all comes crashing down ot are you just looking for debts to heap on your head.
 Taking a loan from a bank, you have to present a collateral and also it comes with interests to be paid monthly. Ready for that?

[Distinctin]

Taking a loan to place a bet? Wow! How certain are you that the game's a fixed one? Do you have an alternative means of paying back when it all comes crashing down ot are you just looking for debts to heap on your head.
 Taking a loan from a bank, you have to present a collateral and also it comes with interests to be paid monthly. Ready for that?

That's the most important, what the outcome is opposite of your expectation, can you pay the loan? If not, then you will certainly have a problem as you cannot just say "sorry I can't pay the loan", that's being irresponsible.

[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 

If you have to ask such a question then you are most likely never going to be approved for such a loan without committing some sort of fraudulent falsification (which is very bad). People give out loans to responsible borrowers and gambling on something, which you can never be assured of the outcome, is tremendously irresponsible. Until you save up such an amount you will never appreciate how hard it is to earn and it should never be gambled. The only people who can afford to do such things are the super rich who don't borrow.

[LodisMcguire]

Do you have a collateral? If not,it would be hard to take a loan.But like everyone here said,gambling from borrowed money is not a good thing,even if it's a fixed match,in small chance that you got cheated by that information,you will have to pay that loan.

[agustina2]

Do you have a collateral? If not,it would be hard to take a loan.But like everyone here said,gambling from borrowed money is not a good thing,even if it's a fixed match,in small chance that you got cheated by that information,you will have to pay that loan.

Even with collateral, the amount of figures that OP mentioned is an insane amount. Collateral is not enough for that and even if does, that will cost a big one.

The best thing to do is to totally forget the idea of taking a loan in sports betting. OP likes to take a loan because he got information or a tip of a supposed match that even if it's true or not, OP shouldn't trust easily.

A high-risk high-return mindset is not always applicable to any situation especially in the case that OP mentioned.

[wheelz1200]

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 to say it but feel the need to post.  DONT EVER TAKE A LOAN OUT TO GAMBLE or even invest.  Don't know your financial situation but that can take upwards of 20 years to pay back for one stupid bet.  And if you win chances are you will likely just end up gambling with the profits and eventually lose it anyway.  Golden rule, don't lose what you don't have.

[bitbollo]

at the end of this discussion, I am really curious to know from OP:
- did you get really a loan for this bet? collateral provided? interest rate?
- what is this match you decide to play? (it's ok you will reveal after it has been played or send a MP)

[molsewid]

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 

It will depends in your current earnings and annual earnings as well. They will lend money if they will clearly see your statement of accounts and where will be the payment for the debt. 50-100k is not an issue but for me it is kinda high for new debtors . Maybe you could lend small amount first and prepare for a good collateral that you could give in return for the money you will ask.

[Solosanz]

That's the most important, what the outcome is opposite of your expectation, can you pay the loan? If not, then you will certainly have a problem as you cannot just say "sorry I can't pay the loan", that's being irresponsible.

If he take a loan from banks or other legal institutes, obviously debt collector will come into his house and force him to pay the loan. If he say he can't pay the loan and make an excuses, he will got a trouble with the debt collector, moreover you might got arrested to jail since there's a law regarding this problem.

[Renampun]

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 

$50k - $100k in my country is a huge amount, are you sure to take a big loan for sport betting?

Don't you have any other plans (using) that kind of money apart for betting?  I have never take a big loan to bet because I know that betting has a big risk, but if you are ready for all the worst possibilities (if you lose the bet) then just continue the loan because it is your right.

[Theones]

That's the most important, what the outcome is opposite of your expectation, can you pay the loan? If not, then you will certainly have a problem as you cannot just say "sorry I can't pay the loan", that's being irresponsible.

If he take a loan from banks or other legal institutes, obviously debt collector will come into his house and force him to pay the loan. If he say he can't pay the loan and make an excuses, he will got a trouble with the debt collector, moreover you might got arrested to jail since there's a law regarding this problem.

I would not take any such risk of gambling with a loan money - when I know I live paycheck to paycheck.
This is a huge risk - but then again - the same big is the reward. Is OP sure he will be gambling on the right platform and the money he is going to put up will be returned as promised on the site?

[seleme]

Definitely think twice before taking loan, there is no 100% fixed match and you can lose more than what you can afford to lose. What if, you take a loan and placed sports bet then it loses? Well, you have to pay back whatever amount you borrowed and it will be stressful day unless you are able to pay back soon. Just my 2 cents.

Exactly. Ask for a loan it is never a good idea. Banks are not stupid and you should put your home or something with high value as collateral, and you can risk to lose it for a match that you're also sure that is not fixed at 100%.

So, consider what are you doing, and think about. Less gains sometimes means also more safety.

Better safe strategy than sorry. What if he wins the match? Surely sounds exciting but chances are higher to bust that money you can't afford to lose as gambler. I can't even imagine losing money OP tooks as loan and can't pay then loses collateral. It will be nightmare and traumatic loss.