Are there play and pay later casinos?

[maydna]

I can see that some gamblers are so relaxed and finds it a convenient thing to do by going into taking loans and later be running helter and scelter to payback and their creditors also chasing after them everyday, for how long are we going to wise up and wake from this slumber, if you don't have money must you then go against your wish in taking loan that may put you in trouble and always be in debt, life is simple but many don't make it simple for themselves.

They may feel they can repay the loan even if they have to run helter-skelter to repay it. But it would not be a good suggestion to take out a loan because, after all, we use the money to gamble, so using a credit card can make us forget to stop. And that is a debt that we must pay to creditors, and the amount may exceed the credit card limit. And if that happens, we can be fined, and if we don't have the money to repay the loan, we will have a hard time. So it's better to use the money we can afford to gamble and not think about getting a bonus by linking your credit card.

[darewaller]

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

And what is with "gamble with the money you can afford to lose"!? If you are taking a loan for gambling it means that you can't afford to gamble...

One way or another you "owe" to someone... depending on circumstances the interest can be lower or higher, and collectors can be pretty different, it's not good to owe money to some people.

Simply said, don't even think about "playing and paying" later. We are talking about gambling here, things can escalate pretty quickly, in the wrong way of course.

What if the loan amount is still small and within their capacity? And the reason why they took a loan is they can not wait to play anymore but it does not mean that they already lose earlier. It's just their urge to play a gambling unexpectedly kicks in. Borrowing small amounts of money should came up with smaller interest but the higher the amount the higher the interest as well.

IMO it's not bad to owe someone else money but as long as you are going to pay them on the designated time so that no hard feelings are going to be felt and nothing bad will happen to you because some people doesn't have a long patience and they might do a revenge eventually.

[seleme]

Lol. Never heard about such a concept, maybe it is possible with special promotions offered by casino management.
It is not something people's life should depend on, so I can't see the reason why some people think it is necessary to have "play and pay later" casinos.
Maybe taking a loan can be the next easy alternative to this concept since it is easy to get one-click loans thanks to today's online banking apps.

[TimeTeller]

Lol. Never heard about such a concept, maybe it is possible with special promotions offered by casino management.
It is not something people's life should depend on, so I can't see the reason why some people think it is necessary to have "play and pay later" casinos.
Maybe taking a loan can be the next easy alternative to this concept since it is easy to get one-click loans thanks to today's online banking apps.

Taking a loan outside the casino, yes, that's possible. But within the casino itself, nope.
Never heard that as well. Their business is gambling and not a lending company.
So as much as possible, they want cash flowing in and not flowing out.
I don't think any casino would offer loan services to their players. Hence, we have never heard such offer from them.
But you can definitely take a loan outside, like in banks, family, colleagues and other online loan apps.

[serjent05]

Lol. Never heard about such a concept, maybe it is possible with special promotions offered by casino management.
It is not something people's life should depend on, so I can't see the reason why some people think it is necessary to have "play and pay later" casinos.
Maybe taking a loan can be the next easy alternative to this concept since it is easy to get one-click loans thanks to today's online banking apps.

Taking a loan outside the casino, yes, that's possible. But within the casino itself, nope.
Never heard that as well. Their business is gambling and not a lending company.
So as much as possible, they want cash flowing in and not flowing out.
I don't think any casino would offer loan services to their players. Hence, we have never heard such offer from them.
But you can definitely take a loan outside, like in banks, family, colleagues and other online loan apps.

I also have not heard of any casino loaning their player.  Most I heard is that loan sharks often take advantage of the situation and offer loans with huge interest and this is where most gambler get their fund to continue playing after their bankroll is depleted.  Aside from that people who are addicted to gambling can also use their credit cards to generate funds for their gambling activity.  But never I saw casino offering any play now and pay later gambling promotions.

[cabron]

Lol. Never heard about such a concept, maybe it is possible with special promotions offered by casino management.
It is not something people's life should depend on, so I can't see the reason why some people think it is necessary to have "play and pay later" casinos.
Maybe taking a loan can be the next easy alternative to this concept since it is easy to get one-click loans thanks to today's online banking apps.

Taking a loan outside the casino, yes, that's possible. But within the casino itself, nope.
Never heard that as well. Their business is gambling and not a lending company.
So as much as possible, they want cash flowing in and not flowing out.
I don't think any casino would offer loan services to their players. Hence, we have never heard such offer from them.
But you can definitely take a loan outside, like in banks, family, colleagues and other online loan apps.

I also have not heard of any casino loaning their player.  Most I heard is that loan sharks often take advantage of the situation and offer loans with huge interest and this is where most gambler get their fund to continue playing after their bankroll is depleted.  Aside from that people who are addicted to gambling can also use their credit cards to generate funds for their gambling activity.  But never I saw casino offering any play now and pay later gambling promotions.

Loansharks providing loans happens on the traditional casinos only but not online casinos. But it would be interesting to see one online going for it and connect to their users physically.

It will sounds a bit funny but hey they could take advantage of the gambler's weakness. They know some couldn't resist it and asking collateral like their valuable cars or wedding ring.

[Silberman]

Loansharks providing loans happens on the traditional casinos only but not online casinos. But it would be interesting to see one online going for it and connect to their users physically.

It will sounds a bit funny but hey they could take advantage of the gambler's weakness. They know some couldn't resist it and asking collateral like their valuable cars or wedding ring.

In a way it is a good thing that online gambling is getting more popular as it is simply too difficult to implement policies like those online, however it would not surprise me if at some point a casino tried to do this and gamblers had to send their valuables to the casino so the casino held them as a collateral and then they extended a loan to their customers in the forms of funds on their casino, however the logistics of such a model are so complex that I think we will need to wait for a long time before someone dares to implement it.

[Fredomago]

Loansharks providing loans happens on the traditional casinos only but not online casinos. But it would be interesting to see one online going for it and connect to their users physically.

It will sounds a bit funny but hey they could take advantage of the gambler's weakness. They know some couldn't resist it and asking collateral like their valuable cars or wedding ring.

In a way it is a good thing that online gambling is getting more popular as it is simply too difficult to implement policies like those online, however it would not surprise me if at some point a casino tried to do this and gamblers had to send their valuables to the casino so the casino held them as a collateral and then they extended a loan to their customers in the forms of funds on their casino, however the logistics of such a model are so complex that I think we will need to wait for a long time before someone dares to implement it.

I follow you with that opinion, it's possible but the implementation might take some time as reviewing on how things will be executed and how those valuables can be shipped out unless that particular casino will be available on most places where they can simply accept those collateral and let the gambler to take the loan.

We never know how or if someone will embrace the concept, but if it's doable, then we can expect that it will be offered.

[tusandii]

-snip-

In a way it is a good thing that online gambling is getting more popular as it is simply too difficult to implement policies like those online, however it would not surprise me if at some point a casino tried to do this and gamblers had to send their valuables to the casino so the casino held them as a collateral and then they extended a loan to their customers in the forms of funds on their casino, however the logistics of such a model are so complex that I think we will need to wait for a long time before someone dares to implement it.

If that's done by the casino and gamblers have to send valuables as loans then what kind of valuables should be sent?
This is the online gambling industry so it is impossible for us to ship goods, moreover every casino has customers from different countries so it is impossible to provide goods for guarantees.
In my opinion, it is better to provide loans to several accounts that have reached a high VIP level and also look at the activity of these accounts in the casino, but there is still a limit to the amount of loans to match what the casino provides.

[ethereumhunter]

Loansharks providing loans happens on the traditional casinos only but not online casinos. But it would be interesting to see one online going for it and connect to their users physically.

It will sounds a bit funny but hey they could take advantage of the gambler's weakness. They know some couldn't resist it and asking collateral like their valuable cars or wedding ring.

Before borrowers can borrow money at loansharks, they must go through a very strict verification process because we are in an online world where people can use fake identities to commit fraud. In addition, money borrowers must also provide collateral whose value may be almost equal to the amount they want to borrow. And it can be a problem for borrowers if they can't return the money to loansharks because they will be hunted until they repay the loan. But it will be interesting to see if online casinos lend to gamblers even though that could trigger gamblers to become more addicted to gambling again.

[jostorres]

What if the loan amount is still small and within their capacity? And the reason why they took a loan is they can not wait to play anymore but it does not mean that they already lose earlier. It's just their urge to play a gambling unexpectedly kicks in. Borrowing small amounts of money should came up with smaller interest but the higher the amount the higher the interest as well.

IMO it's not bad to owe someone else money but as long as you are going to pay them on the designated time so that no hard feelings are going to be felt and nothing bad will happen to you because some people doesn't have a long patience and they might do a revenge eventually.

One should not borrow money from somewhere only to gamble because it will eventually start to become a habit, and one should be able to control the urge to gamble if they don't have money at that particular time, and if one can't control the urge, it simply means that they are addicted to gambling, and if that's the case, you won't refrain from taking a loan again once you've lost the previous one.

And if that continues, it can be bad for both the lender and the borrower, the lender won't be able to get all their loans back with interest because the borrower has already become an addict and will surely lose everything in gambling.

[Silberman]

In a way it is a good thing that online gambling is getting more popular as it is simply too difficult to implement policies like those online, however it would not surprise me if at some point a casino tried to do this and gamblers had to send their valuables to the casino so the casino held them as a collateral and then they extended a loan to their customers in the forms of funds on their casino, however the logistics of such a model are so complex that I think we will need to wait for a long time before someone dares to implement it.

If that's done by the casino and gamblers have to send valuables as loans then what kind of valuables should be sent?
This is the online gambling industry so it is impossible for us to ship goods, moreover every casino has customers from different countries so it is impossible to provide goods for guarantees.
In my opinion, it is better to provide loans to several accounts that have reached a high VIP level and also look at the activity of these accounts in the casino, but there is still a limit to the amount of loans to match what the casino provides.

If a casino decided to implement this then most likely things like jewelry and precious metals could be accepted by them and then give the gambler a loan based on the value of those goods, now some may suggest that cryptocurrencies were used in this way as well, but not only this would not make much sense as gamblers could use their cryptocurrencies directly anyway, but it is likely many users will try to dump their shitcoins to the casinos and could begin to use them as an exchange instead.

[TimeTeller]

In a way it is a good thing that online gambling is getting more popular as it is simply too difficult to implement policies like those online, however it would not surprise me if at some point a casino tried to do this and gamblers had to send their valuables to the casino so the casino held them as a collateral and then they extended a loan to their customers in the forms of funds on their casino, however the logistics of such a model are so complex that I think we will need to wait for a long time before someone dares to implement it.

If that's done by the casino and gamblers have to send valuables as loans then what kind of valuables should be sent?
This is the online gambling industry so it is impossible for us to ship goods, moreover every casino has customers from different countries so it is impossible to provide goods for guarantees.
In my opinion, it is better to provide loans to several accounts that have reached a high VIP level and also look at the activity of these accounts in the casino, but there is still a limit to the amount of loans to match what the casino provides.

If a casino decided to implement this then most likely things like jewelry and precious metals could be accepted by them and then give the gambler a loan based on the value of those goods, now some may suggest that cryptocurrencies were used in this way as well, but not only this would not make much sense as gamblers could use their cryptocurrencies directly anyway, but it is likely many users will try to dump their shitcoins to the casinos and could begin to use them as an exchange instead.

I don't think this will happen in casinos, more likely, they will just send you to a third party lending services.
This is another complicated business to be in, so gamblers should not think that gambling sites will offer such service.
Even if you have your collateral, not strong reason for them to open such lending board. That's just my opinion.
If you have collateral, just go to other lending services if you think you want to avail extra money for your gambling activities.
Nowadays, you will be surprised as there are so many online lending apps offering competitive rates that you can choose from.

[macson]

snip

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

Gambling alone carries a big risk, let alone borrowing money to gamble, the risk increases many times over.  many have warned that gambling with money that you can afford to lose, meaning that money ^(capital) is not from your emergency money, not your only money, and not the money you make from bank loans or loan sharks. 

Gambling is an activity full of risks if you don't have good skills when doing it ^{(especially money management)}, don't ruin your life, and be a true connoisseur of gambling without heavy burdens and demands.

[uneng]

If a casino decided to implement this then most likely things like jewelry and precious metals could be accepted by them and then give the gambler a loan based on the value of those goods, now some may suggest that cryptocurrencies were used in this way as well, but not only this would not make much sense as gamblers could use their cryptocurrencies directly anyway, but it is likely many users will try to dump their shitcoins to the casinos and could begin to use them as an exchange instead.

For physical casinos it works nicely to hold jewelry and precious metals from gamblers as collateral, but for online casinos it doesn't work, because the costs of sending those physical items to the company (sometimes on the another side of the world) are just unrealistic and too time consuming. Virtual casinos could implement a feature like that, but collecting virtual items only as collateral, what is really hard if we disconsider cryptocurrencies as possible collaterals. Probably they would grab gamblers' accounts from platforms such as Steam, valuing the collateral price through the value of items the account holds in games, for an example.

[doomloop]

If a casino decided to implement this then most likely things like jewelry and precious metals could be accepted by them and then give the gambler a loan based on the value of those goods, now some may suggest that cryptocurrencies were used in this way as well, but not only this would not make much sense as gamblers could use their cryptocurrencies directly anyway, but it is likely many users will try to dump their shitcoins to the casinos and could begin to use them as an exchange instead.

For physical casinos it works nicely to hold jewelry and precious metals from gamblers as collateral, but for online casinos it doesn't work, because the costs of sending those physical items to the company (sometimes on the another side of the world) are just unrealistic and too time consuming. Virtual casinos could implement a feature like that, but collecting virtual items only as collateral, what is really hard if we disconsider cryptocurrencies as possible collaterals. Probably they would grab gamblers' accounts from platforms such as Steam, valuing the collateral price through the value of items the account holds in games, for an example.

That's a pretty difficult concept to implement, I'm pretty sure that casinos wouldn't really be interested in taking digital accounts such as Steam as collateral for giving out loans in cryptocurrencies, the accounts have nothing more than digital collectibles that are in-game and most of the time, you can't sell off the items that you've bought in a game, so they are simply only just valuable within your game and has no other worth.

I also think that if something like that was a viable option for online casinos to give out loans to their players and also charge some interest on top, they would have already implemented it as it would obviously earn them more revenue.

[Finestream]

Lol. Never heard about such a concept, maybe it is possible with special promotions offered by casino management.
It is not something people's life should depend on, so I can't see the reason why some people think it is necessary to have "play and pay later" casinos.
Maybe taking a loan can be the next easy alternative to this concept since it is easy to get one-click loans thanks to today's online banking apps.

Even myself I’ve never heard that offer. Maybe in some lending casinos it could be possible but not with regular casinos. And if ever that really exists, I don’t think it’s a good thing since it will only encourage a lot of gamblers to gamble and play even above their means. That way, gambling addiction will certainly surge high.

[len01]

Lol. Never heard about such a concept, maybe it is possible with special promotions offered by casino management.
It is not something people's life should depend on, so I can't see the reason why some people think it is necessary to have "play and pay later" casinos.
Maybe taking a loan can be the next easy alternative to this concept since it is easy to get one-click loans thanks to today's online banking apps.

Even myself I’ve never heard that offer. Maybe in some lending casinos it could be possible but not with regular casinos. And if ever that really exists, I don’t think it’s a good thing since it will only encourage a lot of gamblers to gamble and play even above their means. That way, gambling addiction will certainly surge high.

maybe there are casinos that allow gamblers to bet pay later but of course with physical casinos and usually casinos will put forward requirements such as leaving a credit card to be guaranteed to bet pay later. of course the surge in gambling addicts will increase very high if the casino system is like this because gamblers have no control whatsoever.

[madnessteat]

Lol. Never heard about such a concept, maybe it is possible with special promotions offered by casino management.
It is not something people's life should depend on, so I can't see the reason why some people think it is necessary to have "play and pay later" casinos.
Maybe taking a loan can be the next easy alternative to this concept since it is easy to get one-click loans thanks to today's online banking apps.

Even myself I’ve never heard that offer. Maybe in some lending casinos it could be possible but not with regular casinos. And if ever that really exists, I don’t think it’s a good thing since it will only encourage a lot of gamblers to gamble and play even above their means. That way, gambling addiction will certainly surge high.

There is nothing worse than gambling in a casino with someone else's money and not being able to control yourself. If you really value yourself and your family, then never gamble on debt, even if you are offered the opportunity. Play only with the money you are willing to part with here and now. Better yet, imagine that the money you deposit is a kind of ticket to the world of gambling entertainment. In this case it is much easier to part with the money after you lose it. If you win, it will be an additional bonus.

[Jawhead999]

Even myself I’ve never heard that offer. Maybe in some lending casinos it could be possible but not with regular casinos. And if ever that really exists, I don’t think it’s a good thing since it will only encourage a lot of gamblers to gamble and play even above their means. That way, gambling addiction will certainly surge high.

And there's no such lending casino until now

I think any licensed casino is fighting against of gambling addict since they have a self exclusion feature, if the casino offer this kind feature, this will be against of their gambling addict rule. The casino need to accept people can't pay the money they lose to gamble too, this will harm their business.

I don't think pay later feature in casino is win-win situation.