Are there play and pay later casinos?

[jrrsparkles]

Pay later option is not available in any casino which is regulated as far as I know so the debt he was talking about loan he took to gamble and said he owe 60K to casino but actually the bank or lender whoever lend money to the person.

Whereas it's available in unregulated casino and especially in countries where gambling is illegal but there are service providers who take risk and operate it and also provide pay later/pay in other ways to the known persons.

[pawanjain]

It's been a year and half that I talked last with a family friend who is living in North America and finally, he replied my messages after so many sms sent out to his number, he told me about how he own 60k in gambling and I somehow feel sorry for him but at the same time I doubt this, because I don't see anyone talking about gambling debts before.

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later? Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..

I know some people likes taking loans or borrow money, but I know him too well, he always advice us to never take any loan for anything.

I know some are wondering why I don't ask him, he is way older than me and I don't want to ask him, I only told him to take things easy with himself, I don't know if asking can make him feel bad even more.

So is gambling debt one way or other possible without the person taking loan or borrowing money?

One thing I can assure you is that if you gamble by taking loans, you will undoubtedly end up in a crisis.
While you might experience occasional success, consistent borrowing and subsequent losses will lead you into trouble.
Not only will you lose what you already have, but you will also accumulate debt that will require hard work to repay.
This situation is highly unfavorable, and many individuals have already encountered it, which is why it is advised to only bet what you can afford to lose.

[len01]

-snip

Whereas it's available in unregulated casino and especially in countries where gambling is illegal but there are service providers who take risk and operate it and also provide pay later/pay in other ways to the known persons.

on the other hand the casino dares to take the risk of letting someone gamble pay later, that's because of course that person uses a guarantee of valuables or whatever makes the casino owner believe to give a loan or gamble pay later.
with other things, as you said, maybe the person is too familiar with the gambling owner. but that does not apply to online gambling.

[Davidvictorson]

It's been a year and half that I talked last with a family friend who is living in North America and finally, he replied my messages after so many sms sent out to his number, he told me about how he own 60k in gambling and I somehow feel sorry for him but at the same time I doubt this, because I don't see anyone talking about gambling debts before.

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later? Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..

I know some people likes taking loans or borrow money, but I know him too well, he always advice us to never take any loan for anything.

I know some are wondering why I don't ask him, he is way older than me and I don't want to ask him, I only told him to take things easy with himself, I don't know if asking can make him feel bad even more.

So is gambling debt one way or other possible without the person taking loan or borrowing money?

No it is not possible. And no right thinking casino would implement this this because it will be bad for the shareholders. Gamblers already have enough of debts to pay and allowing them to play now and pay later is the ticket to depression and possibly suicide because I imagine what the debt recovery strategy of the casino would be in this case. Casinos is a place to come spend your money and have fun it is not some microfinance bank that funds the habit of gamblers.

[Fivestar4everMVP]

Never heard of such, and even if there be, I think it's plain stupid, cus I personally will play on the casino, and if I don't Win, I will never return to pay the money, I will just go and start gambling on another casino maybe outside where I live.

@op, if what the said dude told you is true, then I think it is imperative to ask him how he came out owing a casino to the ton of 60k dollars, because I do not think there is any casino any where in this world where gambler can gamble on credit, and pay later, he possibly borrowed that money from friends, relatives somehow.

[rahmad2nd]

~snip~
I know some are wondering why I don't ask him, he is way older than me and I don't want to ask him, I only told him to take things easy with himself, I don't know if asking can make him feel bad even more.

So is gambling debt one way or other possible without the person taking loan or borrowing money?

Would be highly unlikely for an online casino. however, it looks like what you're talking about in this thread refers to land-based casinos. or, illegal casinos. yes, as far as my experience goes, there are several land-based casinos that will lend you money, but with certain conditions. for example, you can pledge something as collateral. however, not all land-based casinos enforce it. yes, at least, as far as I know and based on experience. however, there have been a lot of changes now and I don't know about it because so far we are more inclined to gamble in online/crypto casinos.

well, it could also be if your friends or family gamble using a credit card. it seems, what your friend meant was referring to the things i said. However, actually you can ask in more detail what happened and how he got into debt. the problem is he is older or not, if you are his closest person you can ask him. well, it seems this case will not be solved unless you ask him directly. but as far as we know, neither online casino nor crypto casino lends money to its customers. moreover as you said in the title of this thread it seems highly improbable.

[wheelz1200]

It's been a year and half that I talked last with a family friend who is living in North America and finally, he replied my messages after so many sms sent out to his number, he told me about how he own 60k in gambling and I somehow feel sorry for him but at the same time I doubt this, because I don't see anyone talking about gambling debts before.

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later? Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..

I know some people likes taking loans or borrow money, but I know him too well, he always advice us to never take any loan for anything.

I know some are wondering why I don't ask him, he is way older than me and I don't want to ask him, I only told him to take things easy with himself, I don't know if asking can make him feel bad even more.

So is gambling debt one way or other possible without the person taking loan or borrowing money?

Some casinos in North America will run a credit check against you and give you credit to play with.  That's mostly just for high rollers though.  I haven't seen it done too much but owning 60k in gambling sucks no matter how much you have.  That's crazy gambling on credit.  No easier way to flush your life down the toilet than credit gambling lol.

[passwordnow]

Never heard of such, and even if there be, I think it's plain stupid, cus I personally will play on the casino, and if I don't Win, I will never return to pay the money, I will just go and start gambling on another casino maybe outside where I live.

Totally a stupid decision if someone who's addicted to gambling will result in this. We saw how gamblers who have gambled and then used loan money for their gambling activities, they've never been trusted again. But with such condition, I don't think the casino will just allow it without anything in return to them knowing that there are also nasty gamblers that won't pay them if they hand the money and allows them to gamble freely and easily.

@op, if what the said dude told you is true, then I think it is imperative to ask him how he came out owing a casino to the ton of 60k dollars, because I do not think there is any casino any where in this world where gambler can gamble on credit, and pay later, he possibly borrowed that money from friends, relatives somehow.

Yes, much better to ask him and it's also possible that he's just trolling him justifying that gambling with credit is such a good thing for him and just reversing the psychology on him.

[stomachgrowls]

It's been a year and half that I talked last with a family friend who is living in North America and finally, he replied my messages after so many sms sent out to his number, he told me about how he own 60k in gambling and I somehow feel sorry for him but at the same time I doubt this, because I don't see anyone talking about gambling debts before.

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later? Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..

I know some people likes taking loans or borrow money, but I know him too well, he always advice us to never take any loan for anything.

I know some are wondering why I don't ask him, he is way older than me and I don't want to ask him, I only told him to take things easy with himself, I don't know if asking can make him feel bad even more.

So is gambling debt one way or other possible without the person taking loan or borrowing money?

Some casinos in North America will run a credit check against you and give you credit to play with.  That's mostly just for high rollers though.  I haven't seen it done too much but owning 60k in gambling sucks no matter how much you have.  That's crazy gambling on credit.  No easier way to flush your life down the toilet than credit gambling lol.

For sure it would be some sort of VIP kind of exclusive offering about having that credit options which you could really be able to make use if ever the casino would be able to verify out that you are really that capable on paying up those amounts later on but for sure it would really be situational but sensibly speaking that no business would be offering this kind of thing on which this is a business and its not really that shocking
that they would really be providing some money which could potentially be a reason for them to make some winning which would really be causing up some deduction of their revenue and no business would really
be doing such thing unless if they do see that you are a solid or loyal customer then they might be having some consideration but if we do talk about those normies then for sure you wouldnt really be getting any chance.

Generally speaking  about using up your credit card on doing gambling is suicide and this is something that you would really be needing to avoid as much as you could because it is really way too risky.

[Cling18]

Never heard of such, and even if there be, I think it's plain stupid, cus I personally will play on the casino, and if I don't Win, I will never return to pay the money, I will just go and start gambling on another casino maybe outside where I live.

Totally a stupid decision if someone who's addicted to gambling will result in this. We saw how gamblers who have gambled and then used loan money for their gambling activities, they've never been trusted again. But with such condition, I don't think the casino will just allow it without anything in return to them knowing that there are also nasty gamblers that won't pay them if they hand the money and allows them to gamble freely and easily.

@op, if what the said dude told you is true, then I think it is imperative to ask him how he came out owing a casino to the ton of 60k dollars, because I do not think there is any casino any where in this world where gambler can gamble on credit, and pay later, he possibly borrowed that money from friends, relatives somehow.

Yes, much better to ask him and it's also possible that he's just trolling him justifying that gambling with credit is such a good thing for him and just reversing the psychology on him.

Since casinos are aware of how gambling works and how debt-ridden gamblers may become, I don't believe any will permit borrowing and lending. We already know that borrowing money to gamble will never be the best option. We can't afford to lose these funds, therefore gambling with them will be a major risk.
I agree that you need to have questioned your friend because that sum is not small. If casinos made such an offer, many players would take advantage of it, causing them to suffer severe losses. If casinos ever start allowing borrowing, more gamblers will undoubtedly develop gambling addictions.

[kamvreto]

~snip~well, it could also be if your friends or family gamble using a credit card. it seems, what your friend meant was referring to the things i said. However, actually you can ask in more detail what happened and how he got into debt. the problem is he is older or not, if you are his closest person you can ask him. well, it seems this case will not be solved unless you ask him directly. but as far as we know, neither online casino nor crypto casino lends money to its customers. moreover as you said in the title of this thread it seems highly improbable.

Gambling venues will never lend players money because they are not banks. They only want to benefit from user money without any business debts. Chances are he got a loan from someone else and used it for gambling. apparently, he was so addicted that he had to take out sizable loans to gamble.

~snip~Some casinos in North America will run a credit check against you and give you credit to play with.  That's mostly just for high rollers though.  I haven't seen it done too much but owning 60k in gambling sucks no matter how much you have.  That's crazy gambling on credit.  No easier way to flush your life down the toilet than credit gambling lol.

That's pretty crazy if he's playing on a credit card and getting loans just for high rollers. $60k is certainly a considerable amount, but it will certainly be picked up by the casinos again. Providing loans with credit cards and taking them back, but the gambler still has active loans and interest. this becomes a pretty crazy loan.

[Finestream]

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later?

As far as I know there are no casinos that provide loans, but maybe at offline casinos we will find some with strong collateral conditions. When it comes to online casinos, it feels like this doesn't exist and will never even be implemented. Apart from gamblers who can just walk away as soon as the bills are collected. Say, if there is a casino like that, even though applying KYC is accompanied by a guarantee even before taking a loan does not mean that the data provided is genuine data. This is risky and the casino's position seems to be looking for gamblers not gamblers looking for casinos.

Gamblers are free to use their credit cards when gambling, but I have never heard yet gambling casinos that will offer loans so you can play and gamble with their site. Yes, maybe if you can go to physical lending offices, but never in gambling casinos. But maybe if this is really happening in other country, then might as well be adopted soon by other local gambling sites. After all, this is another strategy so that gamblers will increase their loyalty on the gambling casino and will be more attracted to play more so that the casino will benefit from them.

[darkangel11]

Physical casinos will offer you a credit line, so it's either that with your friend, or he took a loan from the bank. Some people take loans from their friends and he could've borrowed 10k here, 10k there, some from close family, some from mates he was playing with...
The only pay later option that I know is in illegal poker places or sports betting dens, where you let them copy your ID and get cash. In some you can even fence valuable items, but if you don't pay up in time they're going to show up at your door.

[Saisher]

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later? Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..

Not only on credit cards but if you are a loyal patron of a casino they can give you a credit line in the form of a promissory note especially if you're a high roller, they will give you special treatment and one of this is a credit line, this what makes playing in physical casinos risky because you can play as much as you want and you have an open credit, now if you do not have control of your budget on gambling you'll gamble more than you can afford and this is where you get wiped out.

[asriloni]

To play in any casino you have to come with your money or asset, or are there any casinos that allow play and pay later?

Pretty much the same to the like loan. It's a system that being used by some ecommerce. The buyer who take such feature already agreed to take loan from the ecommerce first to play the goods that already bought.

Or I am thinking if maybe he used a credit card for gambling? We all know that debt is possible on cards..

It's possible to use creditcard but this is not a recommended way since you will also need to pay hefty interest from what you have done with your credit card.

I know some people likes taking loans or borrow money, but I know him too well, he always advice us to never take any loan for anything.

The interest will make it even tighter.

So is gambling debt one way or other possible without the person taking loan or borrowing money?

Since gambling required money and that's a must to have money first.

[qwertyup23]

This is an interesting concept- play and pay later casinos? I really doubt that casinos would implement this kind of idea unless they have your card details where they could charge you with payment if you failed to pay them at a certain date.

If this kind of option would be implemented, lots of gamblers would try to circumvent this option by creating multiple accounts with fake IDs  and bank information. This can also lead to nightmares of potential conflicts and problems in both sides.

Though this kind of idea may seem interesting, I really doubt that gambling companies would implement this unless you are an avid spender and this was a privileged granted to a loyal gambler.

[livingfree]

Physical casinos will offer you a credit line, so it's either that with your friend, or he took a loan from the bank. Some people take loans from their friends and he could've borrowed 10k here, 10k there, some from close family, some from mates he was playing with...

Yeah, this is a normal scene in the physical casinos but none with the online casinos. Personal loans are more proliferated there because they can easily do that with the belongings that they've got as a collateral to the loan that they're taking.

And it's much easier when they've got records there and people do recognize them as they're an often visitor and gambler.

The only pay later option that I know is in illegal poker places or sports betting dens, where you let them copy your ID and get cash. In some you can even fence valuable items, but if you don't pay up in time they're going to show up at your door.

This is like the one that I know of, if you badly want to take a loan and you've got no belongings then like a quick sign and verbal talk and all is done in split seconds, they're also typical shark loans that will come to you if you want to escape from that obligation.

[dunfida]

This is an interesting concept- play and pay later casinos? I really doubt that casinos would implement this kind of idea unless they have your card details where they could charge you with payment if you failed to pay them at a certain date.

If this kind of option would be implemented, lots of gamblers would try to circumvent this option by creating multiple accounts with fake IDs  and bank information. This can also lead to nightmares of potential conflicts and problems in both sides.

Though this kind of idea may seem interesting, I really doubt that gambling companies would implement this unless you are an avid spender and this was a privileged granted to a loyal gambler.

No they wont and it would never be. How come they would be having in mind that they would be lending someone just to play into their own platform? Just like those people been saying above that there's no point on doing this.
No business on their right minds would really be doing such thing on which it would really be just right that they would really be sticking into that safer spot.You wouldn't really be a dumb owner on giving out chance
for someone to play and having the chance to win? Can you afford on giving those winning amounts just because you had funded them? You're out of your mind if you are really thinking up this way.

For VIP privileges then it would might be that be given but if not then it cant be possible.Play now and Pay later? This isnt something like buying some liabilities or goods. 

[ChiBitCTy]

The only way I've ever seen people being able to borrow money to gamble, is a casino loaning out money to a famous/rich person whom they know for an absolute fact is able to pay them back, or that they have assets for collateral.  Even then, this is probably typically some behind the scene's type stuff and I don't that it get "published" all that often.

I'm not an expert on this matter, but I'm pretty sure if he owes that much in gambling debt he probably is using an illegal gambling outfit or bookie.

[BenCodie]

These kinds of services are usually only available privately to existing VIPs, who have already wagered a large sum consistently over a long period of time. These services are death traps, they are designed to chain you into their system and eventually convert a person into an income asset, where they have to work off their debt to be able to recover and ruin their lives doing so.

If you find a service like this without being a VIP, it probably isn't legitimate. Even if it is, you would be irresponsible and playing with fire by trying it.