Gambling experience using loan money

[Agbe]

I have not seen and heard anyone asking or used loan for gambling but I have seen and heard in this forum that someone asked if he can used loan for investment and not gambling. Op I ask you to bring the high rank user who used loan for gambling. Using loan to gamble is 50/50 and if you loss then you have entered debt and if you win, you will be release from the high tension of your mind. Using loan to play gambling is and will never be a good idea. But among the gamblers and the most addicted ones borrow money from another gambler to pay interest in the casino hall to play gambling. Even those ones are small amount.

[bitzizzix]

Taking loans to gamble is a very high risk and this is not good advice and if there is no money it is better not to gamble or to earn money by working or other income to make money and partly gambling.
now many people make online loans just to gamble and use loans just to waste their money on gambling, and they find it difficult to return it, some even dig holes to cover holes just to gamble which in the end become poor because everything is sold money to pay debt.

and I haven't done what the OP mentioned, and I'd rather not gamble if I didn't have the money nor am I an active gambler. And what was said above is a reality because it's easy to make loans and liquid money only takes a few minutes, and online loans are poison for gambling addicts that make it easy for them to do it and keep playing.

[SOKO-DEKE]

Seriously, I never had any idea of using loan money to gamble before because I never fell into that situation before, but I have seen my close friends do it due to their gambling addiction. So many gamble addicts don't always care because their expectations are always that they will win and be able to recover their losses and profits.

Despite having never tried using a loan to gamble before, I believe those that are doing so will not feel comfortable when they are using loan money because they also know that what they are doing is high-risk. But for people who have other sources of income that, even if they lose, they can pay back, I don't think they will be that worried compared to those who don't have other means.all I know is never a good idea to borrow money to gamble. 

[ralle14]

To me, it's the same as any other gambling session. There's no pressure to win desperately since i'm borrowing an amount I know I can pay back before the agreed date, regardless of what I get from my bets. If you're gambling with a big bankroll like in the thousands, then the pressure starts to kick in, as most gamblers don't spend that much in one go.

I’m not trying to become judgemental here but that’s how I can interpret a loan that received using casino account. I saw users on Darkstar loan thread before that receive loan via tip on their casino account while that specific casino has withdrawal fee and wagering requirements. I doubt that the loan money will not be used on gambling purposes or else they should use regular wallet address.

Also, Stake and most casinos have at least a 1x wagering requirement, so they still have to gamble and place some bets before withdrawing the money.

[salad daging]

I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.

I don't have this experience, loans for gambling have never been done I know about the risks but for me those who do are certainly ready to return by paying the loan.
Other members will share their experiences here if you don't mind, it would be interesting to hear.

Doesn't really matter if you borrow or didn't borrow and gamble with your money. Once you take out a loan and decide you are going to gamble with it, what matters is you have the means to pay back that loan. You can use the money for trading(gambling), casino(gambling), or to buy food. Long as you pay it back it doesn't matter.

Agree with this statement.
People are free to do whatever they want, loans are free to be used for anything including gambling, the most important thing is that he is ready to repay as you said it will not be a problem.
If they can overcome this, then loans for gambling then it will become commonplace and not something bad because they are still able to repay their loans.

[shinratensei_]

I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.

The interest that has already been applied will make it even harder to repay your loan. I never try to do that. It's very risky. I can't answer this because i never do that.

I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.

I just try to tell you about my friend. He was taking a loan from online lending application, which has a very high interest rate. He used it for gambling purposes and he must repay what he had borrowed three times more.
It's very risky. I think that is the only stupidest guy who will be doing it. It will be giving tremendous pressure. That will make my friend almost doing suicide.

[topbitcoin]

Maybe most of the people here have experienced this incident and I will answer from myself.
I have often done this behavior and for me gambling using loan money is the same as gambling using ordinary money because even though I will lose because the loan money has been deducted by interest, at least the amount I borrow and use for gambling is according to my ability to return it.
So there is no pressure whatsoever even if you use loan money but it is not really recommended because the risk is very high when you cannot control yourself borrowing too much which is not in accordance with the amount of income it will add to problems in life.
We know that gambling wastes money very quickly if you are not lucky, so if the loan money is too high and you lose, it will definitely burden your mind and end up in big trouble because you have to deal with people who lend money.

Gambling using borrowed money is the same thing, there is no pressure whatsoever in gambling, and it works like playing gambling with my own money, I have experienced this too, friends.

what's more dangerous is using a large loan, which makes it difficult for us to pay it, maybe borrowing with money that we can replace tomorrow can be easier and less impactful than using a very large loan, that would be like killing ourselves, not to mention if time our payment is late, the interest charged even though it is small will be large if calculated from the total loan.
Luckily I borrowed money at that time with an amount that could be replaced a few days later.

But it's true that using borrowed money to gamble is an act of self-harm. It will even make you more unstable in the future. It's better to wait until you have money to gamble than force yourself to borrow to play gambling.

[wheelz1200]

I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.

I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.

I'd advise you to never take out a loan to gamble.  Gambling is just that you can lose it all.  It's the easiest way to put yourself in debt to not be able to get out of it.  Not only that you will have to outwit your interest you owe on it as well.  The house already has the odds you are giving yourself a less of a chance to break even or win with a loan.  Go work, save up some money and use money that you can afford to lose to gamble.  Be smart.

[Yatsan]

I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.

I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.

It is obvious. Ofcourse you'd be more pressured gambling an amount you borrowed compared to an amount from your pocket. Reason is simple, you win you return the money; you lose, you will still have to pay it. It is like a double risk and will never be advisable. Indeed there re still players who does such thing but never copy this behavior. Also if you see yourself in such action, then you should worry. A point that you are ready to risk everything in gambling is already a sign of addiction 'coz you're no longer worried or aware of the consequences.

I have not seen and heard anyone asking or used loan for gambling but I have seen and heard in this forum that someone asked if he can used loan for investment and not gambling. Op I ask you to bring the high rank user who used loan for gambling. Using loan to gamble is 50/50 and if you loss then you have entered debt and if you win, you will be release from the high tension of your mind. Using loan to play gambling is and will never be a good idea. But among the gamblers and the most addicted ones borrow money from another gambler to pay interest in the casino hall to play gambling. Even those ones are small amount.

I also doubt especially for higher rank foeum users. They're more experienced basically so for sure they know how to manage the risk in both worlds of investment and gambling. But I honestly not saw one, also will not do it for sure. Limiting oneself should be a mandatory in gambling industry in order to avoid making things worse.

[FatFork]

I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.

What if they use the borrowed money to participate in some wagering competitions or take advantage of current promotions like rakeback and boosted odds? I mean, I know there's no sure thing in betting, and their money is still at risk, but this way they at least increase their chances of paying back the loan and still making a profit.

I haven't personally engaged in this, but I assume there are people out there who methodically hunt for such opportunities. Betting can be quite the game for those seeking strategic advantage and potential profits.

[khiholangkang]

I personally have never gambled using borrowed money

I had and I was so stupid. I realized after I lost all the money the same day that I borrowed it. Not at once, but as I continued to gamble with it and all got lost to gambling.

Sorry in advance I didn't mean that about you, this can be used as a lesson for me and everyone here not to gamble using borrowed money, because the impact will make it difficult for us, even though in practice it doesn't feel burdensome, but when you lose it puts us under too much stress.
BTW does the person who lent you money know that you are using money from him to do gambling?

Seriously, I never had any idea of using loan money to gamble before because I never fell into that situation before, but I have seen my close friends do it due to their gambling addiction. So many gamble addicts don't always care because their expectations are always that they will win and be able to recover their losses and profits.

Despite having never tried using a loan to gamble before, I believe those that are doing so will not feel comfortable when they are using loan money because they also know that what they are doing is high-risk. But for people who have other sources of income that, even if they lose, they can pay back, I don't think they will be that worried compared to those who don't have other means.all I know is never a good idea to borrow money to gamble. 

Fortunately, you were saved from that incident, which made you not borrow money to gamble.
Still, even if you have a job, then you borrow for gambling it is a wrong action, and it is highly not recommended, it is better for you to wait until you get a salary, that is much better than borrowing.

[Cryptomultiplier]

Imagine the emotions that go with normal gambling and compare it with taking a loan just to gamble. It might sound like a good idea when the urge to gamble comes, mostly if you are one who is addicted to gambling.
It is worse to even try taking out a loan to gamble when you know you rarely win or just simply starting out as a gambler.

I do think the loan feature might be available to old users on a gambling site because they have the credibility to pay back and gamble more.
I wouldn't really advice taking loans to gamble because the pressure of the experience will be much and might lead one to depression if the loan borrowed can't be paid back as at when due.

[MAAManda]

When I was in the first condition, I felt that I had no pressure, played as usual, different from the second condition that even when I lost 5% of my borrowed money, I couldn't be sane anymore in determining my betting choices, which meant I was in pressure in the second condition.

This is exactly what I’m thinking when I create this thread. I was tempted before to ask loan here just to gamble while waiting for my campaign salary to come but the interest rate discourage and your situation is exactly what I’m thinking whenever the loan money starting to burn on bets while you are thinking on how you will repay again the loan plus interest rate.

Pressure is really high when you are on the brink of losing while you don’t have enough money to pay the loan on time once you lose the loan amount.

Trust me, don't do that, it would be better if you waited until you have allocated money to gamble instead of having to play the money you borrow. I don't have the capability to explain everything, but this is all related to the psychology, so not only in trading, even in gambling you also have to have a healthy mentality to be able to think rationally.

[Eternad]

I see a lot of risk involved here not because of gambling alone but rather the tendency of asking for more loan money and got buried by a pile of debt due to the interest building up. This will work if the gambler win the game but a terrible scenario when gambler loss since he will pay for the interest and the borrowed amount without getting anything from the borrowed money.

I never try this and I don't have plan to try this. Even asking a loan is not on my list here because I'm always afraid on the interest rate. It's very hard to borrow money for me because I can't sleep whenever I have due date bills or payment.

[traderethereum]

I don't know how I would feel if I borrowed money for gambling but if I were a gambling addict who wanted to keep playing, I probably wouldn't have any feelings except for getting money fast.
I'm not going to think about anything else because with the borrowed money, I can continue playing and I hope it will turn me around to get big wins and recover my previous losses.
And fortunately, I have no experience borrowing money for gambling so I don't feel any pressure while gambling.
After all, I always use my own money to play gambling and of course, with the amount of money I can afford.

[QueenVera]

I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.

I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.

I've never done such a thing and I don't even have plans of going into that line, talk more of advising a friend or anyone to do such a thing because the regret comes with several other consequences, I know how I feel sometimes when I lose huge funds to gambling, sometimes I feel very remorseful and regret staking such amount on a bet, then you could imagine what you'll go through the pains of loosing a money you got from taking a loan I consider it a very wrong step one could take so you should even think about it if you've got any plans to.
 First off there are many things you should consider because there's no guaranteed success and it's a very big risk because you could lose completely also in a case where you lose you could be in debt and attract some embarrassment when you're unable to pay back, you shouldn't do it because you heard higher ranking members mention it, you might not be experienced as them or have strategies of managing risk of losing, the risk is not worth taking an I won't advice you on going towards that line.

[Die_empty]

I have not seen and heard anyone asking or used loan for gambling but I have seen and heard in this forum that someone asked if he can used loan for investment and not gambling. Op I ask you to bring the high rank user who used loan for gambling.

I don't know why the member is of interest to you. OP just used it as an example or case study. If you want to know the member you can use the search button of the forum. But for me knowing the user makes no meaning because the message from the thread is clear without identifying the member.

Using loan to gamble is 50/50 and if you loss then you have entered debt and if you win, you will be release from the high tension of your mind. Using loan to play gambling is and will never be a good idea. But among the gamblers and the most addicted ones borrow money from another gambler to pay interest in the casino hall to play gambling. Even those ones are small amount.

The chances of winning in gambling are sometimes less than 50% so it is a high-risked venture. I am even scared to take a loan to invest in a business because of uncertainties. But I have never thought of ever borrowing money for gaming because I will not be comfortable until the results of my bets are out. If the loan is a high sum the chances of me developing high blood pressure will be high. I also agree that most people that take loans just to satisfy their gambling urge are likely suffering from gambling disorder.

[goldkingcoiner]

I knew that there's many topic like this in the past that asking advice about loaning for gambling. The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.

I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.

Loaning money for gambling is a very bad idea and it definitely adds to the pressure, which adds to your anxiety, which completely puts you in a illogical state of mind during which you are susceptible to losing very large amounts of money. So the combination of taking loans and gambling do not mix together well.

I have personally never borrowed money for the intent of gambling but I have heard many accounts of such people over the years on this board. And they never end well because of irresponsible gambling behavior. For the lenders and the casino, this is a win-win situation. So it depends on where you stand from your perspective. Although personally I would not feel very happy to lend money to someone who will gamble it all away.

[dimonstration]

When I was in the first condition, I felt that I had no pressure, played as usual, different from the second condition that even when I lost 5% of my borrowed money, I couldn't be sane anymore in determining my betting choices, which meant I was in pressure in the second condition.

This is exactly what I’m thinking when I create this thread. I was tempted before to ask loan here just to gamble while waiting for my campaign salary to come but the interest rate discourage and your situation is exactly what I’m thinking whenever the loan money starting to burn on bets while you are thinking on how you will repay again the loan plus interest rate.

Pressure is really high when you are on the brink of losing while you don’t have enough money to pay the loan on time once you lose the loan amount.

Trust me, don't do that, it would be better if you waited until you have allocated money to gamble instead of having to play the money you borrow. I don't have the capability to explain everything, but this is all related to the psychology, so not only in trading, even in gambling you also have to have a healthy mentality to be able to think rationally.

Thank you for the warning. I fully understand the risk that's why I never ask any loan here in the forum even though I have way to pay it even without my signature campaign which I typically use for my gambling activity here.

I'm already thrilled whenever I'm down with 50% of my bankroll and I can't imagine what will I feel incase I'm using money that I just borrow with additional interest. If ever I will do this in the future. I think only 100$ is my maxmimum borrowed money that I can afford to lose sonce borrowing more money means more interest that is a relized loss already even before gambling.

[Stepstowealth]

The intention of this thread is determined what's the actual feeling when you are using a loan money on gambling knowing that there's an interest rate on your borrowed money which means you already lose part of your money before you start gambling.

First I will never borrow money to gamble, even though I can borrow for other things, but never will it be for gambling. But for the average addicted gambler that can go at any length to get money for gambling, I can say that they really do not care where the money comes from or how to pay back, they just want to satisfy that gratification of gambling. If you borrow to gamble, there is an untold pressure that comes upon the borrower that can make them emotionally imbalanced, increasing their chances to make mistakes in their bet.