taking out a loan for a sports bet (UPDATE) + fixed match

[AmoreJaz]

Why does someone have to gamble when the funds is not yours? or i mean coming from Loan when there is no complete or assurance even if this is a Fixed matches because the chance of losing is always there and this is why its called gambling.
and also those fixed matches does not comply with legit and fair gaming so better not to support those.

I think sometime we don't even know what is going on with us and we are just running after more and more money.
Taking loans and putting ourself in more trouble. However the loan at this has reached at 33% interest rate and is the highest in the history even then people do take loan and loose them in bets.

remember, some people really do gamble even if it is not their money. they are thinking that they can recover such money and win more. but even if we say, it's a fixed match, you can still never be sure what will happen during the game. be contented on what you have, don't aim for bigger takeout if you can't afford to. if it is not your money on the table, you won't be enjoying the game as your main target is to win and not to watch the game itself.

[livingfree]

But anyway, it's good that you've won that bet and don't regret any decision if it ain't your money. That's okay if you're thinking that you should have taken a loan because it's already done but in a situation like having a crucial one.

You just did it right of not borrowing.

However, because OP won the bet, it might give him more confidence to bet with the use of loan money. OP now thinks that the information he got is reliable and always close to winning especially if the said match is going to be a fixed or rigged match.

Aside from that, OP regrets that if only he takes out a loan, he is enjoying big profits right now. Because of what happened that he didn't take a loan but he won the bet, he won't likely want to slip away the next opportunity to bet on the fixed match with the use of loan money.

All I can say is good luck to OP and be ready for the big consequences in case of losing the bet.

That's your money, your rule, and the community's role is just to give advice.

That's actually something that would push him with his future bets if he's got that confidence. But for me, I find that dangerous because that confidence could result into a negative result.

I'm not attracting any negativity but only speaking for the truth that it's not always what we feel that shall be the outcome of our bets. And it's really a bad thing to take out a loan for gambling.

[Jemzx00]

remember, some people really do gamble even if it is not their money. they are thinking that they can recover such money and win more. but even if we say, it's a fixed match, you can still never be sure what will happen during the game. be contented on what you have, don't aim for bigger takeout if you can't afford to. if it is not your money on the table, you won't be enjoying the game as your main target is to win and not to watch the game itself.

Isn't it why we gamble especially on sport match as we already have a team we wanted to win and would like to bet on it to add more excitement and thrill. Also, lending money to loan on a probably sure win game isn't really a bad decision if the person will be able to repay it a later date but doesn't have a money at the moment. However, it is wrong and worst decision if you don't have any way of repayment and only trusting that you will win on it.

[Scripture]

remember, some people really do gamble even if it is not their money. they are thinking that they can recover such money and win more. but even if we say, it's a fixed match, you can still never be sure what will happen during the game. be contented on what you have, don't aim for bigger takeout if you can't afford to. if it is not your money on the table, you won't be enjoying the game as your main target is to win and not to watch the game itself.

Isn't it why we gamble especially on sport match as we already have a team we wanted to win and would like to bet on it to add more excitement and thrill. Also, lending money to loan on a probably sure win game isn't really a bad decision if the person will be able to repay it a later date but doesn't have a money at the moment. However, it is wrong and worst decision if you don't have any way of repayment and only trusting that you will win on it.

Loans for gambling is not good at all regardless if you can pay it or not, because eventually you will experience problems especially with your loans if you continue being like this. There can only be a sure win game if the top team is against the lower team but of course this is still gambling and anything can happen. If there’s a fixed match, and there’s a whistle blower better not to trust that much and bet only your extra money because again, you don’t know if that is reliable or not.

[crzy]

Loans for gambling is not good at all regardless if you can pay it or not, because eventually you will experience problems especially with your loans if you continue being like this. There can only be a sure win game if the top team is against the lower team but of course this is still gambling and anything can happen. If there’s a fixed match, and there’s a whistle blower better not to trust that much and bet only your extra money because again, you don’t know if that is reliable or not.

Aside from not being safe, that tip might be a trap and there’s a lot of incidents like this here in our local. The player are being caught asking for a money because he said the game is fixed, but the bettor gone mad as the result was different. Well, taking loans is not that bad if you use it for investments or with your business but for the purpose of gambling, I also don’t encourage this.

[Oilacris]

Loans for gambling is not good at all regardless if you can pay it or not, because eventually you will experience problems especially with your loans if you continue being like this. There can only be a sure win game if the top team is against the lower team but of course this is still gambling and anything can happen. If there’s a fixed match, and there’s a whistle blower better not to trust that much and bet only your extra money because again, you don’t know if that is reliable or not.

Aside from not being safe, that tip might be a trap and there’s a lot of incidents like this here in our local. The player are being caught asking for a money because he said the game is fixed, but the bettor gone mad as the result was different. Well, taking loans is not that bad if you use it for investments or with your business but for the purpose of gambling, I also don’t encourage this.

Never been that suggestable for you to take up some loan just for you to make it use for gambling because we know the risk of gambling of losing is high but if you are really that responsible on repaying

those amounts then go ahead but its not really that recommended because you would really be putting yourself into big trouble on the repayment days specially when you dont have some funds to use on.
Fixed matches information is something that you cant see in the public which it is really that doubtful when someone do make out some claims and asking small amounts for those information
which they do call for it to be some leakage but its not really that surprising or a bit common thats why people do commonly ignore.

[agustina2]

Also, lending money to loan on a probably sure win game isn't really a bad decision if the person will be able to repay it a later date but doesn't have a money at the moment. However, it is wrong and worst decision if you don't have any way of repayment and only trusting that you will win on it.

You are right that it's alright to take a loan if that person has the capability to repay it later.

Based on OP's story looks like he's on the side of taking a loan and the repayment will come from the result of his bet. A risky thing to do as his hope will come from gambling. In the worst situation, if that bet is lost, how OP can repay the loan.

OP is just adding a problem over a problem. Not a good idea to take a loan in his situation where no other source of income is available.

[Naficopa]

Also, lending money to loan on a probably sure win game isn't really a bad decision if the person will be able to repay it a later date but doesn't have a money at the moment. However, it is wrong and worst decision if you don't have any way of repayment and only trusting that you will win on it.

You are right that it's alright to take a loan if that person has the capability to repay it later.

Based on OP's story looks like he's on the side of taking a loan and the repayment will come from the result of his bet. A risky thing to do as his hope will come from gambling. In the worst situation, if that bet is lost, how OP can repay the loan.

OP is just adding a problem over a problem. Not a good idea to take a loan in his situation where no other source of income is available.

It is very easy to borrow and so hard to pay off.
I have never met a single person in my life who has borrowed the money and paid off the way they borrowed the money. So the get practice is to stay away from borrowing and lending. Try to live within your means and you will be well..

[Pierre 2]

I know people who take out loans for many weird things included gambling. Even though I believe loans can be useful for some situations it's definitely not appropriate to take out and use a loan for betting/gambling purposes.
First its killing whole your economic situation, if you are not able to win you need to do something different to payback loan. I think this completely kills fun nature of gambling and it can make you too addicted.

[Gozie51]

I know people who take out loans for many weird things included gambling. Even though I believe loans can be useful for some situations it's definitely not appropriate to take out and use a loan for betting/gambling purposes.
First its killing whole your economic situation, if you are not able to win you need to do something different to payback loan. I think this completely kills fun nature of gambling and it can make you too addicted.

Those who freely do that are those who are salary earners. That's those working under the government, they believe that when they lose then they can repay the money from the salary that they earn but they don't know that lost money is not recoverable even if you replace it with salary earnings, you have succeeded to take yourself backward for the month. It is just not wise to take such risk but many people do it.

[Zlantann]

I know people who take out loans for many weird things included gambling. Even though I believe loans can be useful for some situations it's definitely not appropriate to take out and use a loan for betting/gambling purposes.
First its killing whole your economic situation, if you are not able to win you need to do something different to payback loan. I think this completely kills fun nature of gambling and it can make you too addicted.

Most people in my locality gamble because of profit and not because of the fun side of it. It is also important to state that the job of an insider is illegal and should be discouraged because it is making the gambling company to loose money. Nevertheless,  I have never been a supporter of taking loan for any form of investment or other transactions. Repaying loans can cause a lot of challenges that can lead to health and family problems. Taking loan for a sports bet should be highly discouraged because a loss would be disastrous. In fact one can be ostracized, insulted and even beaten up by family members of such thing happens in my terrain.     

[CryptoYar]

It is very easy to borrow and so hard to pay off.
I have never met a single person in my life who has borrowed the money and paid off the way they borrowed the money.

If the loan is taken for some good reason like for starting any business then it is good and it can be paod off. But for gambling or anything like that is pretty much awful decisions in my opinion.

I know people who take out loans for many weird things included gambling. [...]

People do this in greed, they think that one bet can change their whole life, so they should put all their money into that bet and some even take loans for this. Such people do not think even once, about what if they lose.

[AbuBhakar]

It is very easy to borrow and so hard to pay off.
I have never met a single person in my life who has borrowed the money and paid off the way they borrowed the money.

If the loan is taken for some good reason like for starting any business then it is good and it can be paod off. But for gambling or anything like that is pretty much awful decisions in my opinion.

If the OP can verify the reliability of his insider information. Taking a loan will not gonna hurt much to boost his bets but not the point that loan an amount worth a forune and invest it on gambling. I agree to your opinion if we are talking about normal gambling here but the OP case is different because he is claiming that he has an insider information that will give him an advanced info on the outcome of the game which is really happening in sports on some countries.

[Naficopa]

It is very easy to borrow and so hard to pay off.
I have never met a single person in my life who has borrowed the money and paid off the way they borrowed the money.

If the loan is taken for some good reason like for starting any business then it is good and it can be paod off. But for gambling or anything like that is pretty much awful decisions in my opinion.

If the OP can verify the reliability of his insider information. Taking a loan will not gonna hurt much to boost his bets but not the point that loan an amount worth a forune and invest it on gambling. I agree to your opinion if we are talking about normal gambling here but the OP case is different because he is claiming that he has an insider information that will give him an advanced info on the outcome of the game which is really happening in sports on some countries.

Loan is a cure - if there is high interest rate. people are  down into this loan mud puddle and the gambling loss.
Kind of double loan. We avoid taking bank loans and we avoid gambling and alcohol and with out marriage sex - these are the trouble which can ruin your lives.

[agustina2]

If the OP can verify the reliability of his insider information. Taking a loan will not gonna hurt much to boost his bets but not the point that loan an amount worth a forune and invest it on gambling. I agree to your opinion if we are talking about normal gambling here but the OP case is different because he is claiming that he has an insider information that will give him an advanced info on the outcome of the game which is really happening in sports on some countries.

OP didn't take the loan to bet on the information he received. OP uses his money instead and won it but feels regret that he didn't take the loan. It means even OP is not sure how reliable the information is since if he is really sure about it, he won't consider following anyone's advice that doesn't take a loan.

OP is just taking chances and doesn't really have a legit way to find out if the source is valid or not. That will make things worst once he gets a loan and do a bet as there's no assurance that he will get the win on that source he is referring to.

[coin-investor]

It is very easy to borrow and so hard to pay off.
I have never met a single person in my life who has borrowed the money and paid off the way they borrowed the money.

If the loan is taken for some good reason like for starting any business then it is good and it can be paod off. But for gambling or anything like that is pretty much awful decisions in my opinion.

If the OP can verify the reliability of his insider information. Taking a loan will not gonna hurt much to boost his bets but not the point that loan an amount worth a forune and invest it on gambling. I agree to your opinion if we are talking about normal gambling here but the OP case is different because he is claiming that he has an insider information that will give him an advanced info on the outcome of the game which is really happening in sports on some countries.

Only he can answer how reliable those pieces of information that are coming to him, even in fixed games there are fake news or fake tips what if it turns out to be one of those fake tips, it's gambling, not business if he is taking a loan for a business he'll have his own business even if it collapses he can still sell his business and pay whatever amount is left but if he loses in gambling, all his money is wiped out and he will have to work to pay his loan, it's always a bad idea to take a loan to gamble.

[n0ne]

If the OP can verify the reliability of his insider information. Taking a loan will not gonna hurt much to boost his bets but not the point that loan an amount worth a forune and invest it on gambling. I agree to your opinion if we are talking about normal gambling here but the OP case is different because he is claiming that he has an insider information that will give him an advanced info on the outcome of the game which is really happening in sports on some countries.

OP didn't take the loan to bet on the information he received. OP uses his money instead and won it but feels regret that he didn't take the loan. It means even OP is not sure how reliable the information is since if he is really sure about it, he won't consider following anyone's advice that doesn't take a loan.

OP is just taking chances and doesn't really have a legit way to find out if the source is valid or not. That will make things worst once he gets a loan and do a bet as there's no assurance that he will get the win on that source he is referring to.

Through this win the insider information seems to be legit. However we don't know whether it is an insider information or a prediction of OP which have won out of coincidence. OP have risked his money and have won good. Even if this bet have lost, this could've been a problem within him. If not, he used to answer each and everyone who paid getting a loan. So, it is something risky and people won't easily believe in it.

[goinmerry]

Through this win the insider information seems to be legit. However we don't know whether it is an insider information or a prediction of OP which have won out of coincidence. OP have risked his money and have won good. Even if this bet have lost, this could've been a problem within him. If not, he used to answer each and everyone who paid getting a loan. So, it is something risky and people won't easily believe in it.

Is that how easy you believed that the inside information is legit because it was won? It's just a single bet. What if that match is just played as usual and the pick given to that game does make sense to happen? A total game rigged is where the result is not expected.

We should not care about OP's intention to have a loan since, in the first place, he just even feels regret for not taking a loan because the bet won.

If he has a mindset like that, we are just wasting our time here giving good advice to him.

[LUCKMCFLY]

Hi everyone, about a month ago I made a post about having insider info for a soccer match and I asked the community what the best way was to take out a large loan. I had a lot of people advise me not to do so, so I took your advice and didn't take out a loan, instead I just placed the amount I already had in my account.


Anyway, the bet won easily so I couldn't help but feel like I should've taken out the loan...

The rule of the thumb has always been and will always be to gamble with money that you can afford to lose, never gamble money that you just loaned, its very risky and you will be in a very bad situation that you will regret later on, that bet is right but there's no guaranty that the next tips are going to be the same, even if it's fixed you never know what's going on inside they might change the whole plan or revert their decision to fix the game, always be on the safe side and enjoy your bet.

It could not have been better said, I share your opinion, I think that making bets with money that is allowed to lose is the most responsible thing to do, however with borrowed money I would not be able to put it in a bet, perhaps what I would do would be to put it everything in Bitcoin and leave it there until the bitcoin rises in price and keep interest as low as possible, always paying so it doesn't accumulate, I think that would be the only way I would risk borrowed money, but making bets doesn't I would, because it is very likely that I would lose it, I would not play comfortably, I would be scared all the time and it is not good to play like that because obviously the emotions would do their job and not me.

[STT]

Never borrow to gamble is the best rule.     Reason being that the rule saves you money in the majority of times, not that Im saying you are incorrect but think of all the possible outcomes and variables.   Get into a habit of taking risks and you will end up at one time or another losing that gamble even if you are the greatest and the leveraged nature means its a dangerous road to go down.


Setup a company to take the loan and losses or wins indirectly.  If the strategy is good then you pay yourself a dividend or wage from owning that company.  If the idea becomes a loss the company will go broke but you will not.  Also isolating the idea in a personal vs business way is highly recommended to stay level in your sound judgement.