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Author Topic: Who is to be blamed, the gambler or the betting agent  (Read 1781 times)
blockman
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August 20, 2023, 05:26:30 PM
 #301

IMHO, everything is saying already the exact thing of what has happened and what's the real job of a betting agent. Yeah, why would he let the gambler borrow money? To pressure him so he'll come back, so what if he won't? That's how a business will turn into dust if there are styles like that per se. And for the worker, it's better not to gamble if you don't have money and if life's too hard then don't spend what you can't afford to lose and we're all saying that many times and for different cases. As usual, it's very applicable to those type of gamblers that becomes out of control when they're having fun.

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August 20, 2023, 05:36:53 PM
 #302

Sometimes most of those sporty bet shops normally allow there customers to play free bet and pay later to again there interest. But I think this time, this did not go the way he planned it. Gamblers that know that they don't have the fund to pay for bet should better stay off gambling than taking the risk to bet on credit and pay later. When a gambler accumulated so much credit when they bet and later loses, this could make them to be on the run for a long time before they are seen especially when they don't have the money to pay for the credit bets.

It seems to me that adequate betting shops that allow their regular customers to bet on credit are well aware that there is a possibility that the debt will not be returned. But given the fact that this is their regular client, they take this risk because they have already earned enough on it, and if the negative scenario is realized, then their loss will not be large. Plus they don't let you make big bets on credit. But I assume this in relation to adequate betting shops. In this case, everything was inadequate.

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wxa7115
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August 24, 2023, 12:18:41 AM
 #303

Considering the daily wage of ₦‎2000 we can assume that the worker can afford to lose ₦‎1000 in gambling since he had that balance at first place.
So even if he doesn't gamble for 8 days then he will be able to accumulate ₦‎8000 and clear off his debt.
It is both the agent and the worker's fault in this case. Neither the agent should have allowed him credit nor the worker should have played in credit.
Sometimes most of those sporty bet shops normally allow there customers to play free bet and pay later to again there interest. But I think this time, this did not go the way he planned it. Gamblers that know that they don't have the fund to pay for bet should better stay off gambling than taking the risk to bet on credit and pay later. When a gambler accumulated so much credit when they bet and later loses, this could make them to be on the run for a long time before they are seen especially when they don't have the money to pay for the credit bets.
True, however many people are optimistic and naive by nature, so when they make a bet they assume they are going to win, and as such they basically assume there is not going to be any trouble because they do not have the money on hand at the moment.

However if someone does this enough times then they are bound to lose a few times and that is when huge problems can begin to appear, as there are still many countries in which casinos are owned by shady figures, and those people are willing to do anything in order to collect what you owe them.

.
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ethereumhunter
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August 24, 2023, 12:52:05 PM
 #304

True, however many people are optimistic and naive by nature, so when they make a bet they assume they are going to win, and as such they basically assume there is not going to be any trouble because they do not have the money on hand at the moment.

However if someone does this enough times then they are bound to lose a few times and that is when huge problems can begin to appear, as there are still many countries in which casinos are owned by shady figures, and those people are willing to do anything in order to collect what you owe them.
Yes, that's a human who will never stop before they get something that even if it's difficult for them to get, they will keep trying until they succeed. And with that assumption, they are trying to win gambling even by spending a lot of money; they don't care because their goal is to win. They even think of borrowing money from the dealer, which is highly discouraged because there is a need to repay the loan.

Maybe both are to blame but casinos that provide loans to gamblers still want to get benefits outside of their income and that is why casinos continue to provide loans to those who still want to continue gambling. But gamblers should realize that what the casinos do will only hurt them, especially if they experience another loss. Casinos can take what is in them without remaining especially if the gambler borrows a very large amount of money even the casinos can take all the important things in their house. So it's not easy to blame the casino because in this case, the casino wants to make more profits while the losing gamblers still want to recover their losses and win. Even though that is something that is difficult for the gambler to get, so maybe the gambler is to be blamed, but I don't know.

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August 24, 2023, 01:07:04 PM
 #305

Sometimes most of those sporty bet shops normally allow there customers to play free bet and pay later to again there interest. But I think this time, this did not go the way he planned it. Gamblers that know that they don't have the fund to pay for bet should better stay off gambling than taking the risk to bet on credit and pay later. When a gambler accumulated so much credit when they bet and later loses, this could make them to be on the run for a long time before they are seen especially when they don't have the money to pay for the credit bets.

It seems to me that adequate betting shops that allow their regular customers to bet on credit are well aware that there is a possibility that the debt will not be returned. But given the fact that this is their regular client, they take this risk because they have already earned enough on it, and if the negative scenario is realized, then their loss will not be large. Plus they don't let you make big bets on credit. But I assume this in relation to adequate betting shops. In this case, everything was inadequate.
You are right, atleast, a neighbor of mine whom lives in the same compound with me is a sports betting agent as well, its the business she and her husband does for a living.
There have been countless times I've heard the woman yelling at some customers on the phone to help bring their money, and on one occasion, I tried to find out from the husband why the wife was yelling at a customer like that on the phone, the husband told me it's some of their regular customers who they allow to play some bets on credit, and because they lost, they have refused to pay the money, I was like "why would you guys even allow customers to play on credit in the first place", he said it's because they are regular customers, and the asked for it, if they do not grant the request, they lose the customer and also become enemies..

I guess it's just one of those downsides of running a betting shop, such things can't be avoided if you are a jovial person.

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August 24, 2023, 09:44:36 PM
 #306


You are right, atleast, a neighbor of mine whom lives in the same compound with me is a sports betting agent as well, its the business she and her husband does for a living.
There have been countless times I've heard the woman yelling at some customers on the phone to help bring their money, and on one occasion, I tried to find out from the husband why the wife was yelling at a customer like that on the phone, the husband told me it's some of their regular customers who they allow to play some bets on credit, and because they lost, they have refused to pay the money, I was like "why would you guys even allow customers to play on credit in the first place", he said it's because they are regular customers, and the asked for it, if they do not grant the request, they lose the customer and also become enemies..

I guess it's just one of those downsides of running a betting shop, such things can't be avoided if you are a jovial person.
I agree with you on that and I don't know how sportbooking agents are fund of doing that because it pauses a higher risk for them on the long run if the bet fails to win who then bears the loss because the gambler already has nothing on him the reason why he/she option in to play on credit in the first place,  most of such incidences are born out of the over trust on the gamblers to be able to make up for their shortcomings.

The ops in the story gave me a very sad update about the situation a few days back when I saw him in the neighbourhood,  he said the gambler that played on credit had moved out of time without paying the debt,  and the debt was deducted from his salary at the end of the month by the boss
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August 30, 2023, 02:46:33 AM
 #307


You are right, atleast, a neighbor of mine whom lives in the same compound with me is a sports betting agent as well, its the business she and her husband does for a living.
There have been countless times I've heard the woman yelling at some customers on the phone to help bring their money, and on one occasion, I tried to find out from the husband why the wife was yelling at a customer like that on the phone, the husband told me it's some of their regular customers who they allow to play some bets on credit, and because they lost, they have refused to pay the money, I was like "why would you guys even allow customers to play on credit in the first place", he said it's because they are regular customers, and the asked for it, if they do not grant the request, they lose the customer and also become enemies..

I guess it's just one of those downsides of running a betting shop, such things can't be avoided if you are a jovial person.
I agree with you on that and I don't know how sportbooking agents are fund of doing that because it pauses a higher risk for them on the long run if the bet fails to win who then bears the loss because the gambler already has nothing on him the reason why he/she option in to play on credit in the first place,  most of such incidences are born out of the over trust on the gamblers to be able to make up for their shortcomings.

The ops in the story gave me a very sad update about the situation a few days back when I saw him in the neighbourhood,  he said the gambler that played on credit had moved out of time without paying the debt,  and the debt was deducted from his salary at the end of the month by the boss
There are only two ways casinos can make this work, the first one is that there is a very strong legal system on the country in which they are located and they have the lawyers and the money to go after those gamblers no matter where they hide.

The second option is that those casinos are owned by criminals or other people which consider themselves to be above the law, and as such they can make use of all kind of illegal methods to try to get their money back.

.
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August 30, 2023, 03:01:31 AM
 #308

Sometimes most of those sporty bet shops normally allow there customers to play free bet and pay later to again there interest. But I think this time, this did not go the way he planned it. Gamblers that know that they don't have the fund to pay for bet should better stay off gambling than taking the risk to bet on credit and pay later. When a gambler accumulated so much credit when they bet and later loses, this could make them to be on the run for a long time before they are seen especially when they don't have the money to pay for the credit bets.

It seems to me that adequate betting shops that allow their regular customers to bet on credit are well aware that there is a possibility that the debt will not be returned. But given the fact that this is their regular client, they take this risk because they have already earned enough on it, and if the negative scenario is realized, then their loss will not be large. Plus they don't let you make big bets on credit. But I assume this in relation to adequate betting shops. In this case, everything was inadequate.

It is also a marketing strategy on them because it will attract the gambler to bet more as he can pay it later. This is like those shopping platforms that let you pay later on so that you'll be tempted, which again will put the gambler in debt, and for sure the way they ask for payment on this is harsh, like threatening you, though on profit instances for sure the total money that they will lend to you is the total that they got to you, and the more you do it, the greater the amount.
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September 05, 2023, 01:01:32 AM
 #309

It is also a marketing strategy on them because it will attract the gambler to bet more as he can pay it later. This is like those shopping platforms that let you pay later on so that you'll be tempted, which again will put the gambler in debt, and for sure the way they ask for payment on this is harsh, like threatening you, though on profit instances for sure the total money that they will lend to you is the total that they got to you, and the more you do it, the greater the amount.
And people fall for it every single time as they are too used to buy everything on credit these days, if you were to try to convince people decades ago about this they would look at you as if you were crazy, as the only products that were bought on credit were the things almost no one could afford outright, like a car.

However people have lost the fear they had to becoming indebted, and many businesses have taken advantage of this new trend to deceive them and get them heavily indebted.

.
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September 05, 2023, 01:59:55 AM
 #310

IMHO, everything is saying already the exact thing of what has happened and what's the real job of a betting agent. Yeah, why would he let the gambler borrow money? To pressure him so he'll come back, so what if he won't? That's how a business will turn into dust if there are styles like that per se.
The agent lured the gambler to borrow to be able to continue playing. It's also his fault for tolerating and encouraging the gambler despite of knowing that this person will be in a hard position for losing what the gambler borrowed. Well, it's not surprising since he is a betting agent but in this case he probably realized that what he did is not wise since the gambler didn't return to pay what he owe.

And for the worker, it's better not to gamble if you don't have money and if life's too hard then don't spend what you can't afford to lose and we're all saying that many times and for different cases. As usual, it's very applicable to those type of gamblers that becomes out of control when they're having fun.
Clearly this gambler didn't control himself resulting to losses and debt, now he will pay the price. It's a lesson learned for him and a reminder for other gamblers to only play using your own money and set a limit on when to stop.

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September 05, 2023, 07:01:32 AM
 #311

It is also a marketing strategy on them because it will attract the gambler to bet more as he can pay it later. This is like those shopping platforms that let you pay later on so that you'll be tempted, which again will put the gambler in debt, and for sure the way they ask for payment on this is harsh, like threatening you, though on profit instances for sure the total money that they will lend to you is the total that they got to you, and the more you do it, the greater the amount.
And people fall for it every single time as they are too used to buy everything on credit these days, if you were to try to convince people decades ago about this they would look at you as if you were crazy, as the only products that were bought on credit were the things almost no one could afford outright, like a car.

However people have lost the fear they had to becoming indebted, and many businesses have taken advantage of this new trend to deceive them and get them heavily indebted.

I've just shaken my head and thought to the people all around me that they are really doing this right now. I mean, imean you are right, people are very scared before to take out a loan or be in debt because even if they can afford to pay it, they are always thinking of what if they can't pay. All the negative aspects they are thinking about are defensive, but right now almost all of my relatives have loans and they are paying them, and they are not scared to take more loans. Well, again, this is the new generation right now, and again, there is good and bad debt, which can affect you, but for sure, in gambling, it is bad debt.
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September 05, 2023, 09:46:44 AM
 #312

It is also a marketing strategy on them because it will attract the gambler to bet more as he can pay it later. This is like those shopping platforms that let you pay later on so that you'll be tempted, which again will put the gambler in debt, and for sure the way they ask for payment on this is harsh, like threatening you, though on profit instances for sure the total money that they will lend to you is the total that they got to you, and the more you do it, the greater the amount.
And people fall for it every single time as they are too used to buy everything on credit these days, if you were to try to convince people decades ago about this they would look at you as if you were crazy, as the only products that were bought on credit were the things almost no one could afford outright, like a car.

However people have lost the fear they had to becoming indebted, and many businesses have taken advantage of this new trend to deceive them and get them heavily indebted.
It will be a problem for them if they are not afraid of getting into debt even though they could experience problems if they are late paying the loan. And because they borrow from the casino, they will have to face the casino's bouncer when the casino wants to collect their debt. And if they can't pay their debts, the bouncer will hit them and maybe take things from their house so they can get the money they borrowed.

The marketing strategies implemented by casinos have succeeded in trapping several gamblers who want to continue gambling to get money quickly and continue playing immediately. But they don't know what will happen if they can't pay their debts.

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September 05, 2023, 10:39:45 AM
 #313

And people fall for it every single time as they are too used to buy everything on credit these days, if you were to try to convince people decades ago about this they would look at you as if you were crazy, as the only products that were bought on credit were the things almost no one could afford outright, like a car.

However people have lost the fear they had to becoming indebted, and many businesses have taken advantage of this new trend to deceive them and get them heavily indebted.
It will be a problem for them if they are not afraid of getting into debt even though they could experience problems if they are late paying the loan. And because they borrow from the casino, they will have to face the casino's bouncer when the casino wants to collect their debt. And if they can't pay their debts, the bouncer will hit them and maybe take things from their house so they can get the money they borrowed.

The marketing strategies implemented by casinos have succeeded in trapping several gamblers who want to continue gambling to get money quickly and continue playing immediately. But they don't know what will happen if they can't pay their debts.

I think fear is definitely there, but it's like fear is at war with confidence. Maybe you understand what I'm saying, I mean if their fear is outweighed by their very high confidence then naturally they don't think twice about borrowing from a bank or to a casino agent. But I said that on average it happens or that belief is in gamblers who have experienced a high level of addiction, they have been completely dominated by a sense of belief and also lust, therefore it is very likely that they take uncontrollable actions, even they do not even think about how to pay the debt, all that is in their mind is that they are sure they will be able to win with the borrowed money and then pay the debt from the proceeds of victory, but what happens? yes they lose again haha this is very ridiculous.

That's right, the casino system is very smart, they provide a place to borrow and also provide a place to get rid of the gambler's money from the loan, it's really smart in my opinion and like you said there are definitely many who are trapped there. So my point is, keep a healthy mindset, don't overdo it, just do what you can and with the money you can afford to lose there because it will be useful to keep your psychology calm.

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September 06, 2023, 09:06:38 AM
 #314

I think fear is definitely there, but it's like fear is at war with confidence. Maybe you understand what I'm saying, I mean if their fear is outweighed by their very high confidence then naturally they don't think twice about borrowing from a bank or to a casino agent. But I said that on average it happens or that belief is in gamblers who have experienced a high level of addiction, they have been completely dominated by a sense of belief and also lust, therefore it is very likely that they take uncontrollable actions, even they do not even think about how to pay the debt, all that is in their mind is that they are sure they will be able to win with the borrowed money and then pay the debt from the proceeds of victory, but what happens? yes they lose again haha this is very ridiculous.

That's right, the casino system is very smart, they provide a place to borrow and also provide a place to get rid of the gambler's money from the loan, it's really smart in my opinion and like you said there are definitely many who are trapped there. So my point is, keep a healthy mindset, don't overdo it, just do what you can and with the money you can afford to lose there because it will be useful to keep your psychology calm.
Those who borrow money from casinos to continue gambling will not think about fear because they are already dominated by lust and emotions to recover their losses and get their winnings again. They will not think about how they will return the money later because their high ego and overconfidence have convinced them that they will win at gambling today. That makes them brave enough to borrow money from the casino because they have a strong desire to continue gambling, especially if in the previous round, they almost "won." And it is true that this lust will easily tempt them and make them dare to make decisions which, if they think about it again, are the wrong decisions.

And casinos know what gamblers want so they open other services in the form of lending money. Of course, the casino charges high interest because it is a side business owned by the house. People who don't think twice about borrowing money won't consider the risks because they want to gamble and try to win. We have to be able to control ourselves and not have the thought of borrowing money from the casino, especially if the interest is too high because that will make things easier for us later.

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September 06, 2023, 09:21:33 AM
 #315

I think fear is definitely there, but it's like fear is at war with confidence. Maybe you understand what I'm saying, I mean if their fear is outweighed by their very high confidence then naturally they don't think twice about borrowing from a bank or to a casino agent. But I said that on average it happens or that belief is in gamblers who have experienced a high level of addiction, they have been completely dominated by a sense of belief and also lust, therefore it is very likely that they take uncontrollable actions, even they do not even think about how to pay the debt, all that is in their mind is that they are sure they will be able to win with the borrowed money and then pay the debt from the proceeds of victory, but what happens? yes they lose again haha this is very ridiculous.

That's right, the casino system is very smart, they provide a place to borrow and also provide a place to get rid of the gambler's money from the loan, it's really smart in my opinion and like you said there are definitely many who are trapped there. So my point is, keep a healthy mindset, don't overdo it, just do what you can and with the money you can afford to lose there because it will be useful to keep your psychology calm.
Even the casino has a limit, if a player enters too much debt, they block the credit line until the debt is fully repaid. Casinos do not need players who are always in debt, they need to make a profit, and if this player is insolvent, then they are not interested. And if a player is ready to play with borrowed money, then he is already addicted, and this is a big problem that needs help.

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September 08, 2023, 11:15:06 PM
 #316


Those who borrow money from casinos to continue gambling will not think about fear because they are already dominated by lust and emotions to recover their losses and get their winnings again. They will not think about how they will return the money later because their high ego and overconfidence have convinced them that they will win at gambling today. That makes them brave enough to borrow money from the casino because they have a strong desire to continue gambling, especially if in the previous round, they almost "won." And it is true that this lust will easily tempt them and make them dare to make decisions which, if they think about it again, are the wrong decisions.

And casinos know what gamblers want so they open other services in the form of lending money. Of course, the casino charges high interest because it is a side business owned by the house. People who don't think twice about borrowing money won't consider the risks because they want to gamble and try to win. We have to be able to control ourselves and not have the thought of borrowing money from the casino, especially if the interest is too high because that will make things easier for us later.


The gambling people after get into the addiction will not hear the reason by the lending people.The never fear of return the money or not.They just get the loan in any online platform,the play all the game by to find the luck into the game.If the money was loss by the gamblers,he never worry to fail on the repayment.They just get the loan from the other person.Like this they do without any hesitation due to the huge addiction to the gambling.The mind thought of the gamblers will be to do arrange the money for the next game,they need to get away from the addiction to leave a normal life.

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wxa7115
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September 11, 2023, 01:11:26 AM
 #317

And people fall for it every single time as they are too used to buy everything on credit these days, if you were to try to convince people decades ago about this they would look at you as if you were crazy, as the only products that were bought on credit were the things almost no one could afford outright, like a car.

However people have lost the fear they had to becoming indebted, and many businesses have taken advantage of this new trend to deceive them and get them heavily indebted.

I've just shaken my head and thought to the people all around me that they are really doing this right now. I mean, imean you are right, people are very scared before to take out a loan or be in debt because even if they can afford to pay it, they are always thinking of what if they can't pay. All the negative aspects they are thinking about are defensive, but right now almost all of my relatives have loans and they are paying them, and they are not scared to take more loans. Well, again, this is the new generation right now, and again, there is good and bad debt, which can affect you, but for sure, in gambling, it is bad debt.
I have no problem at all with people getting a mortgage to buy a house as almost no one has the money on hand to do this, and when we add the interests on that kind of loan tend to be the lowest, then it is obvious this is one of the best kind of debts that you can acquire.

But the culture has changed dramatically since credit cards were introduced and now it is not rare for people to accumulate a huge level of consumer debt, to the point they are unable to pay it and they bankrupt themselves.

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Accardo
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September 11, 2023, 04:11:43 AM
 #318

True, however many people are optimistic and naive by nature, so when they make a bet they assume they are going to win, and as such they basically assume there is not going to be any trouble because they do not have the money on hand at the moment.

However if someone does this enough times then they are bound to lose a few times and that is when huge problems can begin to appear, as there are still many countries in which casinos are owned by shady figures, and those people are willing to do anything in order to collect what you owe them.
Yes, that's a human who will never stop before they get something that even if it's difficult for them to get, they will keep trying until they succeed. And with that assumption, they are trying to win gambling even by spending a lot of money; they don't care because their goal is to win. They even think of borrowing money from the dealer, which is highly discouraged because there is a need to repay the loan.

Maybe both are to blame but casinos that provide loans to gamblers still want to get benefits outside of their income and that is why casinos continue to provide loans to those who still want to continue gambling. But gamblers should realize that what the casinos do will only hurt them, especially if they experience another loss. Casinos can take what is in them without remaining especially if the gambler borrows a very large amount of money even the casinos can take all the important things in their house. So it's not easy to blame the casino because in this case, the casino wants to make more profits while the losing gamblers still want to recover their losses and win. Even though that is something that is difficult for the gambler to get, so maybe the gambler is to be blamed, but I don't know.

There is always more to the story, the both of them in my understanding may have some outstanding situation in the past. Maybe the player must have done similar things and it favored both the player and dealer. And then the dealer became familiar or cool with him until the recent one, the results weren't good. Because if the dealer wasn't familiar with the player's attitude he wouldn't have allowed him to play extra games, while in debt. The player will always be at fault, for not controlling himself. As for the dealer, he wants to earn more money, he's also good at asking after the lost money. It's also a disadvantage for the dealer to be calm or not laying down straight rules for players in his gambling shop. He would have stayed in his gambling shop, and wait for the gambler to be back after working with OP. Because such a player, will still patronize him because of the outstanding debt or clear them with the money he's earned. It's not bad to owe or to ask a person to refund the money owed. They're into business and it's left for them to settle their disputes separately.

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September 11, 2023, 09:57:35 AM
 #319

The gambling people after get into the addiction will not hear the reason by the lending people.The never fear of return the money or not.They just get the loan in any online platform,the play all the game by to find the luck into the game.If the money was loss by the gamblers,he never worry to fail on the repayment.They just get the loan from the other person.Like this they do without any hesitation due to the huge addiction to the gambling.The mind thought of the gamblers will be to do arrange the money for the next game,they need to get away from the addiction to leave a normal life.
Even though they are never afraid to return the money, the money must still be paid for whatever results they get. If they borrow money from online platforms, they must also return it. Even though they can get loan money from other people, it will only add to their problems because their loan debt will get bigger and bigger, and they cannot pay back all their loan debt at once unless they win a lot of money. Real gamblers should be able to think that borrowing from the bookie will only give them trouble when the bill comes.

There is always more to the story, the both of them in my understanding may have some outstanding situation in the past. Maybe the player must have done similar things and it favored both the player and dealer. And then the dealer became familiar or cool with him until the recent one, the results weren't good. Because if the dealer wasn't familiar with the player's attitude he wouldn't have allowed him to play extra games, while in debt. The player will always be at fault, for not controlling himself. As for the dealer, he wants to earn more money, he's also good at asking after the lost money. It's also a disadvantage for the dealer to be calm or not laying down straight rules for players in his gambling shop. He would have stayed in his gambling shop, and wait for the gambler to be back after working with OP. Because such a player, will still patronize him because of the outstanding debt or clear them with the money he's earned. It's not bad to owe or to ask a person to refund the money owed. They're into business and it's left for them to settle their disputes separately.
Maybe the scenario is like that because anything can happen. Maybe the relationship between them is that the gambler and the dealer know each other so the gambler can easily borrow money from the dealer. By having a dealer willing to lend money to the losing gambler, the dealer can get additional income. Meanwhile, the gambler must be able to pay his debt to the dealer and if he doesn't pay his debt, he will get into trouble with the dealer, who will ask for his money back. Although it is not bad to be in debt, if it is borrowed money, it is best not to use it for gambling because we will never know when we will win and be able to pay back the borrowed money.

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benalexis12
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September 11, 2023, 10:37:45 AM
 #320

I'm not sure if my understanding is correct; maybe the reason the betting agent allowed the gambler is because, apart from being a regular customer, the betting agent probably also knows where the gambler works. Or maybe he has confidence in the gambler that he will pay him back, or maybe it's not the first time the gambler has borrowed from them. And the betting agent also knows where he lives. Because he probably won't lend it if he has no idea where he lives or what his source of income or job is.

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