Man Collapses after Allegedly Losing a $400 Loan at a Betting Shop

[Webetcoins]

The football season starts today. Many folks who gamble see it as an opportunity to cash out or double their money. This is a great caution to never take out a loan to gamble and another way of saying this is never gamble with money you cannot afford to lose. Lastly, I believe we have a moral obligation, not to introduce any friend and family to gambling matter how much we may have won in the past or think we will win this season. You can share your thoughts.

Lol, I don't know why but the title of your thread made me laugh, sorry. Not that I underestimate the amount but 400 usd is also a huge money already for me. I think it's because most of similar stories that I hear has an amount which is bigger than what is featured here and also those guys didn't collapsed but they are only worried.

The picture that you attached made me laugh as well as it got my attention first and I think it was some kind of a meme about the gambling site bet9ja but I only realized that it was based on a true story right after I started reading the post. We don't know maybe the guy is only doing a drama so that someone can help him but what he did there is still wrong.

[1715609665]

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[passwordnow]

Gambling is okay, only when betting from your own money only that is considered portion for your hobby/entertainment purposes. Betting using the lent money is a no-no.

Yeah, if we own the money then we can do anything we want with it. But if you just took it as a loan, you better be wise on using it because it can vanish quickly if not spent on better things.

This is the very reason why most poor to average people become poorer due this kind of mindset.

No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.

[Issa56]

That's kind of funny, why will you borrow money then the only thing that will come to your mind is to gamble with it, the person know he can't afford to lose the money then still go ahead to gamble with it, the person is completely addicted to gambling which is very bad. I always advise people to stay away from loan and if you are taking a loan always make sure you use it wisely.
Am sure the guy wanted to gamble with the money so that he can double or make extra cash, but when you are gambling your win is not assured, anything can happen so always gamble with the extra cash you are having and always gamble with the amount you can afford to lose.
Hope the person those not have wife and children because I don't know where they are going to stay, he will use his mistake to punish innocent people.

[Jemzx00]

No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.

Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize.

[mirakal]

No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.

Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize.

I don't think most, otherwise many people are already addicted to gambling and our government will be forced to ban gambling. Of the total gamblers, IMO there are only a few who are indisciplined and not realistic enough to believe that gambling gave easy money but in reality, they will never win in the long run.

[iv4n]

No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.

Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize.

Jemzx00 it's not like that, most gamblers are normal people who gamble with money we can afford to lose! Yes, it's normal to wish to become rich from gambling, but as gamblers, we know our chances and we choose to play crazy volatile slots where we can lose or win a fortune very fast, or we can play poker or bet on sports slowly, week by week...

The reality is that people don't think about the consequences before it's too late... but that's life, we all make mistakes and we pay for them! We all learn how to think before we do something, that comes with years and experience...

[samcrypto]

No offense to them but that's the reality. It's likely that they're also the ones who want to become rich quickly and that's why they're looking for ways to reach that goal of being wealthy in ways that are not stable. And most likely, they're putting themselves in a situation that's hard to deal with.

Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize.

Many misinterpret gambling simply because they don't have any knowledge about it especially the possible risk if they get too attached with it. That bettor collapse simply because he's worried about how to pay that loan and where to get the money to pay for their needs.

This is just a one story out of many failed attempt in gambling, having that loans is not ideal and we should always learn from this. If you can't afford to gamble, don't borrow money just stay put and focus yourself in other things, gambling is not good to those who don't have enough capital for this.

[Renampun]

This is really concerning because, in a third-world country, $400 is a huge amount...

use your brain and logic, this is what everyone should encourage everyone around them because many people out there especially gamblers in poor areas do not have any concern for their future and their families. in my country, $400 can be pay rent for half a year and I would prioritize paying the rent rather than having to spend it all on gambling.

[robelneo]

According to the story, a man collapsed after he lost $400(the equivalent 200k in my local currency) loan at a betting shop called Bet9ja. This money was borrowed from loan shark operators for pay for his house rent however. The man thought that he may be able to double it he took it to a betting shop. Sadly, he lost all the money to a virtual game. Now, he is mostly likely going to be kicked out of his apartment and wind up homeless on the street.

Obviously, this guy is not into gambling and was surprised that his money coming from the loan was wiped out in just a short period of time its a reaction of a guy who is helpless and in shock, the depression is going to linger as long as there is no solution to his problem, I hope his family can help him because this guy just suffered from breakdown, he needs a support system to get him back on track and be normal again I hope his friends and family can provide him the needed support.

[acroman08]

-snip

that's why you should never gamble the money that you can't afford to lose. this guy is just one of many people who lost their money to pay the bills due to gambling.

I wonder if he has a job because if he doesn't, being homeless would be the least of his worries. loan sharks are notorious when it comes to high-interest rates, if he can't pay his loan in time he'll be buried in debt.

[dothebeats]

This is really concerning because, in a third-world country, $400 is a huge amount...

use your brain and logic, this is what everyone should encourage everyone around them because many people out there especially gamblers in poor areas do not have any concern for their future and their families. in my country, $400 can be pay rent for half a year and I would prioritize paying the rent rather than having to spend it all on gambling.

The man probably thought that $400 is also a huge amount if it doubled, and it's a good opportunity that came knocking at his door. He thought that it's just a quick bet that will make his money double, but he was wrong, big time. People who are thinking of get-rich-quick schemes too much are always screwed because it skews their judgment and thinks more of the benefits but never consider the negatives of their actions. I'd say he deserve it, and hopefully serve a costly lesson for him to not repeat the same thing again.

[Davidvictorson]

This is hilarious. The guy seems from a country which money is very hard to earn, Loaning on whale shark and lost it all on betting will surely give you a distress because that money is very huge in his country.

In my country $400 is a huge deal. The reason is that Covid 19 brought with it untold suffering and hardship. Coupled with the fact that the government would not stop passing policies that are unfavorable to her citizenry. So many people are living on less than a dollar a day. So I could why the man collapsed.It seems all hope is lost. It would take him more than a year to raise the the money. And maybe longer if he has a family.

[molsewid]

-snip

that's why you should never gamble the money that you can't afford to lose. this guy is just one of many people who lost their money to pay the bills due to gambling.

I wonder if he has a job because if he doesn't, being homeless would be the least of his worries. loan sharks are notorious when it comes to high-interest rates, if he can't pay his loan in time he'll be buried in debt.

That's too sad, I hope he has some day job so he can pay his debt and I hope there's no more problem he will encounter after this one. Being in debt or doesn't have anything in your wallet is definitely a bad thing, I hope he will take this as a lesson and will never do this again because if he do, he will lose his everything his family and himself and being buried in debt and addiction.

[Jim1X]

Gambling companies running in 3rd world countries are outright evil, They sell false hopes and dreams to the poor people living there and while they get richer folks there become homeless.

[Solosanz]

Gambling companies running in 3rd world countries are outright evil, They sell false hopes and dreams to the poor people living there and while they get richer folks there become homeless.

I think it doesn't have any difference on the second and first world countries since their promotion is mostly about double or triple your money etc and have a warning sign if gambling is high risk games. But since second and first world countries have better mindset than the third world counties, most of people were rekt of gambling mostly come from third world countries. Gambling companies aren't wrong, but the gamblers itself have full responsibility.

[virasisog]

False hope in gambling could really make us lose everything we have. It is not advisable to borrow and bet more than what we could afford to lose especially if it's allocated to our necessities. I feel sorry for Ops friend but it will only serve as a lesson. It's just so heartbreaking that this situation mostly happens to the poorest of the poor. We should know the risk of gambling in the first place and we shouldn't put our hopes in it.

[Oasisman]

According to the story, a man collapsed after he lost $400(the equivalent 200k in my local currency) loan at a betting shop called Bet9ja.

It could be better if he's not gonna wake up again JK lol.
Well, that's not a new story. Pretty sure we have heard stories like this before and as long as there is gambling, we'll probably going to hear more.
I've got nothing to say this person If I personally knew him but wish him goodluck and the encourage him to be resilient and learn from what have happened to him.
I knew someone who has lost enough due to gambling, but he didn't collapsed, but he lost his car and his girlfriend for 10 years.

[Doell]

The football season starts today. Many folks who gamble see it as an opportunity to cash out or double their money. This is a great caution to never take out a loan to gamble and another way of saying this is never gamble with money you cannot afford to lose. Lastly, I believe we have a moral obligation, not to introduce any friend and family to gambling matter how much we may have won in the past or think we will win this season. You can share your thoughts.

I'm also very regret for bringing my relatives friend to gamble, I have experienced the same thing. Actually I did not invite them but those who came to me, to be honest I was wrong. But as a man, I have to take responsibility, I will think harder to recover my finances in this new season, so that I can help my friends and relatives. The thing that must be considered is that, it should not just bring people into the gambling industry, they must have their own responsibilities with careful thought.

[Slow death]

Gambling has always been dangerous, there is no guarantee of profit, even professional gamblers lose money in gambling. In this case that OP posted, it seems to me that the guy made a bad bank management, took the money he couldn't afford to lose and made a losing bet, but I believe he did it out of desperation. he needs money, and so he thought that by betting and winning 2X he would have money to pay his bills and wouldn't have many debts, unfortunately everything went wrong. are things that happen. Now the biggest problem is undoubtedly the fact that he can't afford to pay his debts and won't have a place to live. this is the most worrying part because he can be arrested if the people he is due go to the police

The football season starts today. Many folks who gamble see it as an opportunity to cash out or double their money. This is a great caution to never take out a loan to gamble and another way of saying this is never gamble with money you cannot afford to lose. Lastly, I believe we have a moral obligation, not to introduce any friend and family to gambling matter how much we may have won in the past or think we will win this season. You can share your thoughts.

I'm also very regret for bringing my relatives friend to gamble, I have experienced the same thing. Actually I did not invite them but those who came to me, to be honest I was wrong. But as a man, I have to take responsibility, I will think harder to recover my finances in this new season, so that I can help my friends and relatives. The thing that must be considered is that, it should not just bring people into the gambling industry, they must have their own responsibilities with careful thought.

I don't talk to anyone about gambling, I'm afraid to talk to someone and then that person will lose money and blame me and then I'd be blamed

[Jemzx00]

Actually the reality is that all or most of gamblers has that mentality which is to became rich in the quickest way possible. However, we as gamblers should be disciplined and be able to know how to moderate or manage or funds. People who bet on high risk bets and only has a focus on winning will usually end up being broke as you will need to strategize.

Jemzx00 it's not like that, most gamblers are normal people who gamble with money we can afford to lose! Yes, it's normal to wish to become rich from gambling, but as gamblers, we know our chances and we choose to play crazy volatile slots where we can lose or win a fortune very fast, or we can play poker or bet on sports slowly, week by week...

The reality is that people don't think about the consequences before it's too late... but that's life, we all make mistakes and we pay for them! We all learn how to think before we do something, that comes with years and experience...

What I mean is that most of us came to gambling with a mindset of being rich in the quickest possible way. Yes, most of us thinks about the consequences and the risks when gambling but the reward it gives whenever  we win is somewhat the fastest way to earn or double or funds compared to other alternatives.

I feel sorry for OP's friend but it will only serve as a lesson. It's just so heartbreaking that this situation mostly happens to the poorest of the poor. We should know the risk of gambling in the first place and we shouldn't put our hopes in it.

I don't think the OP knows the guy or even a friend of his but rather a story he heard somewhere else. Anyways, these kind of situation isn't limited to poor people but this also happens to rich ones. I think this is much more common to rich gamblers as they are easy to lose control and even bets their properties.