Gambling experience using loan money

[Falconer]

-snip-

Gambling with your own money is very high risk then not to talk of borrowed funds, well I have one simple logic which I follow and that's everyone has their way to follow and that's why I feel throwing all these advice is not necessarily needed because the worst set of person to actually take your advice will be the addicted person.

I have friends who just can't stop gambling and this has lead them to be obsessed with the habit that any Advice you give is just like void noise in his ears so I just tell straight that experience is actually the best teacher.

You know, I got really mad at one of my co-workers who is basically a gambler who seems to have lost his mind. He was totally addicted and had even taken risks I could not have imagined before to fulfill his gambling passion. Recently he took an online loan to fulfill his desire to gamble, but what I regret the most is that he secretly entered my cellphone number as collateral so that the service would give him a loan.

He really was crazy about gambling, but that was his part. The problem is I highly regret that he has involved anyone else in fulfilling his desire to gamble, he did so not based on my consent until the service contacted me today because the loan was in trouble (failed to pay on time).

[traderethereum]

You know, I got really mad at one of my co-workers who is basically a gambler who seems to have lost his mind. He was totally addicted and had even taken risks I could not have imagined before to fulfill his gambling passion. Recently he took an online loan to fulfill his desire to gamble, but what I regret the most is that he secretly entered my cellphone number as collateral so that the service would give him a loan.

He really was crazy about gambling, but that was his part. The problem is I highly regret that he has involved anyone else in fulfilling his desire to gamble, he did so not based on my consent until the service contacted me today because the loan was in trouble (failed to pay on time).

Geez, your co-workers really don't think about the consequences of borrowing money from online loans.
He really has lost his mind borrowing from that online loan, using your cellphone number as collateral.
I'm curious how you explain to the online lender about this mistake, but hopefully, you won't be chased by the debt collector.
That's what happened to a gambling addict who had a severe gambling addiction to the point of sacrificing his friends to get money to gamble.
Hopefully, the case can be resolved properly and your friend can get out of gambling but it must be really hard.

[QueenVera]

You know, I got really mad at one of my co-workers who is basically a gambler who seems to have lost his mind. He was totally addicted and had even taken risks I could not have imagined before to fulfill his gambling passion. Recently he took an online loan to fulfill his desire to gamble, but what I regret the most is that he secretly entered my cellphone number as collateral so that the service would give him a loan.

He really was crazy about gambling, but that was his part. The problem is I highly regret that he has involved anyone else in fulfilling his desire to gamble, he did so not based on my consent until the service contacted me today because the loan was in trouble (failed to pay on time).

Geez, your co-workers really don't think about the consequences of borrowing money from online loans.
He really has lost his mind borrowing from that online loan, using your cellphone number as collateral.
I'm curious how you explain to the online lender about this mistake, but hopefully, you won't be chased by the debt collector.
That's what happened to a gambling addict who had a severe gambling addiction to the point of sacrificing his friends to get money to gamble.
Hopefully, the case can be resolved properly and your friend can get out of gambling but it must be really hard.

Going to the extent of taking loans from online lending company shows that his friend is really deep in his gambling addiction and if care is not taken could reach the level of stealing or committimg series of crimes just to satisfy this gambling desires, really bad and at this stage he really needs some therapeutic aid to help him recover, because at this stage i don't think an advise from friends or family could do anything to help him recover since he's soaked deeply into it.
 It's in your best interest to seek the help of his family to try aid him in coming  out of this bad habit because if care is not taken you could imagine what he could no next after involving you as his collateral without your concep, maybe he could steal your valuable items to settle his debt or use a families valuable item as collateral to settlle his debt, I've seen cases where people are arrested and jailed due to inability to pay their debts and i just hope his case doesn’t get to that, it won't really be easy to change him immediately because gambling addiction takes a gradual process to change totally and going for a therapy is the best solution.

[Stable090]

Gambling with your own money is very high risk then not to talk of borrowed funds, well I have one simple logic which I follow and that's everyone has their way to follow and that's why I feel throwing all these advice is not necessarily needed because the worst set of person to actually take your advice will be the addicted person.

It’s surprising to me when I see people talking loan to gamble, we all know gambling is risky, I can’t imagine myself going for a loan just because I want to gamble, seriously it those not worth it, the risk is too high. But people still take the loan just to gamble and no matter what you tell them, they will never listen to you, they always claim if you can’t take risk you will never be successful in life. When you keep on advising some addicted gamblers, they will stop associating themselves with you, because your advice will be like a disturbance to them, they won’t know that you are the one that really mean good to them, they will rather make friends that are addicted to gambling just like them, so that they will be motivated to gamble more.

[sunsilk]

Basically, you're just saying that there are just two way around when a gambler borrows money and that's true.

And it's normal to think on how much you're going to repay because you've taken a loan. That's pretty much the typical thing to think of because you're obliged to do it.

But at the end of it, you'll get to see how it will impact you as a gambler because it's not a good way to start anything related to gambling if you  will use borrowed money.

That's for sure. The fact that you borrow money to gamble already makes you irresponsible. Maybe some people consider taking the journey, and they would borrow money to raise a decent bankroll. However, the moment they lose the money, most of the borrowers will have bigger problems. It's impossible to repay the loan when there are no funds coming from gambling.

So if you promise a lender that you'll be able to pay because you will win in gambling, that's not realistic, as most of the time, we experience losses in gambling.

Just think of this: When a person borrows money for personal wants or needs, that's called bad debt. But when a person borrows money to start a business that will generate income, that's considered a good debt.

Raising a bankroll with a loaned money is a terrible idea. Coming from being irresponsible by borrowing money to gamble up to that point of using loaned money whether to add or to start with as you gamble.

It could also be a common reasoning for a gambler that he'll pay the debt because he's expecting that he's going to win. Possible but not really a good promise to say upon paying debt.

You shouldn't be relying on that matter for you to pay the loan that you've taken. It should be from a guaranteed source of income just as how the banks are sure of who they're approving. Thus, never do this, never borrow money to gamble.

[nara1892]

Gambling with your own money is very high risk then not to talk of borrowed funds, well I have one simple logic which I follow and that's everyone has their way to follow and that's why I feel throwing all these advice is not necessarily needed because the worst set of person to actually take your advice will be the addicted person.

It’s surprising to me when I see people talking loan to gamble, we all know gambling is risky, I can’t imagine myself going for a loan just because I want to gamble, seriously it those not worth it, the risk is too high. But people still take the loan just to gamble and no matter what you tell them, they will never listen to you, they always claim if you can’t take risk you will never be successful in life. When you keep on advising some addicted gamblers, they will stop associating themselves with you, because your advice will be like a disturbance to them, they won’t know that you are the one that really mean good to them, they will rather make friends that are addicted to gambling just like them, so that they will be motivated to gamble more.

Well and even I myself can't think about it, I mean I can't stop thinking that gamblers use money borrowed to make their gambling capital. Those who have once tried to decide to borrow to gamble, then that is the beginning of their downfall as a gambler who is also in debt there. Apart from that someone who is already in a period of addiction seems like they will justify any means to be able to realize their desire to gamble, as you said that they no longer care about the high risks that are in it. They will not realize that they have lost a lot there, and it is unlikely for them to be able to take advice from other people regarding their gambling, apart from that let them feel the bitterest thing that will make them curt not to do it again.

[kamvreto]

Gambling with your own money is very high risk then not to talk of borrowed funds, well I have one simple logic which I follow and that's everyone has their way to follow and that's why I feel throwing all these advice is not necessarily needed because the worst set of person to actually take your advice will be the addicted person.

It’s surprising to me when I see people talking loan to gamble, we all know gambling is risky, I can’t imagine myself going for a loan just because I want to gamble, seriously it those not worth it, the risk is too high. But people still take the loan just to gamble and no matter what you tell them, they will never listen to you, they always claim if you can’t take risk you will never be successful in life. When you keep on advising some addicted gamblers, they will stop associating themselves with you, because your advice will be like a disturbance to them, they won’t know that you are the one that really mean good to them, they will rather make friends that are addicted to gambling just like them, so that they will be motivated to gamble more.

Well and even I myself can't think about it, I mean I can't stop thinking that gamblers use money borrowed to make their gambling capital. Those who have once tried to decide to borrow to gamble, then that is the beginning of their downfall as a gambler who is also in debt there. Apart from that someone who is already in a period of addiction seems like they will justify any means to be able to realize their desire to gamble, as you said that they no longer care about the high risks that are in it. They will not realize that they have lost a lot there, and it is unlikely for them to be able to take advice from other people regarding their gambling, apart from that let them feel the bitterest thing that will make them curt not to do it again.

Their main goal is no longer to make a profit, but to satisfy their lust for gambling. Gambling makes them addicts to the game, hoping for a Jackpot that gambling sites never give. It is very ironic to know that gamblers are like this, they are just doing something wrong, borrowing money to gamble which will end in new problems. I don't know how to remind addicts like this, because they don't have the common sense to think about the impact of the loan.

[rozak]

Well and even I myself can't think about it, I mean I can't stop thinking that gamblers use money borrowed to make their gambling capital. Those who have once tried to decide to borrow to gamble, then that is the beginning of their downfall as a gambler who is also in debt there. Apart from that someone who is already in a period of addiction seems like they will justify any means to be able to realize their desire to gamble, as you said that they no longer care about the high risks that are in it. They will not realize that they have lost a lot there, and it is unlikely for them to be able to take advice from other people regarding their gambling, apart from that let them feel the bitterest thing that will make them curt not to do it again.

however, it is real happening all around us. I have witnessed gamblers who collect debts from other gamblers to continue the game. don't ask about the problem of addiction, because a situation that is already like that obviously won't be done by ordinary gamblers who play inconsistently every day.
Gambling irresponsibly, even if using your own money can be a headache if you experience a series of losses. especially when added to the debt that must be paid.

[Aanuoluwatofunmi]

Going to the extent of taking loans from online lending company shows that his friend is really deep in his gambling addiction and if care is not taken could reach the level of stealing or committimg series of crimes just to satisfy this gambling desires

Having the mindset of going for loan to ensure gambling is not a good sign on a gambler at all because it will land such a person in debt and be running helter and scelter for survival at the end of it, when such person is left without options to source for money owed, they begin to think of how to use cunny ways to source for money then stealing begins to set in.

really bad and at this stage he really needs some therapeutic aid to help him recover, because at this stage i don't think an advise from friends or family could do anything to help him recover since he's soaked deeply into it.

Even if the family managed to pay off his debt, they also need to find a means to stop his addiction and probably adopt therapeutics as you've mentioned, addition is very hard to control.


 

[klidex]

Well and even I myself can't think about it, I mean I can't stop thinking that gamblers use money borrowed to make their gambling capital. Those who have once tried to decide to borrow to gamble, then that is the beginning of their downfall as a gambler who is also in debt there. Apart from that someone who is already in a period of addiction seems like they will justify any means to be able to realize their desire to gamble, as you said that they no longer care about the high risks that are in it. They will not realize that they have lost a lot there, and it is unlikely for them to be able to take advice from other people regarding their gambling, apart from that let them feel the bitterest thing that will make them curt not to do it again.

however, it is real happening all around us. I have witnessed gamblers who collect debts from other gamblers to continue the game. don't ask about the problem of addiction, because a situation that is already like that obviously won't be done by ordinary gamblers who play inconsistently every day.
Gambling irresponsibly, even if using your own money can be a headache if you experience a series of losses. especially when added to the debt that must be paid.

In fact, this problem reminds me of a group of gamblers who borrow money from each other to gamble and they are gambling addicts who gamble non-stop every day and finally they borrow from each other just to vent their addiction and finally one gambler charges money from another gambler after that the gambler doesn't have any money because chose to be used to gamble again and in the end this group fought with each other just because they borrowed money to gamble.
I witnessed this fight, I became a little regretful because I imagined how bad it is for gambling addicts to borrow money just to gamble and do it continuously just to give vent to their gambling appetite and also have to lose friends just because of money.

[Dr.Bitcoin_Strange]

Therefore, there is a golden rule among traders and conscious gambling players - to trade /play only with your own money. It is forbidden to win back at the casino or betting on other people's money.

Rules are easy to read but very difficult to follow in some cases, especially in gambling. If you are not really in a good state of mind and exercising your self-control very well, you can really make some wrong decisions that lead to the mismanagement of your funds. You know that we can't put away the fact that gambling is full of fun and some kind of attraction, like the more you gamble, the more you wish to gamble more and more until there's no money to spend again, and if there's even a chance for the gambler to borrow, you will see them meeting their friends and asking if they can help them with some funds, which they will pay back later.

[serjent05]

Going to the extent of taking loans from online lending company shows that his friend is really deep in his gambling addiction and if care is not taken could reach the level of stealing or committimg series of crimes just to satisfy this gambling desires

Having the mindset of going for loan to ensure gambling is not a good sign on a gambler at all because it will land such a person in debt and be running helter and scelter for survival at the end of it, when such person is left without options to source for money owed, they begin to think of how to use cunny ways to source for money then stealing begins to set in.

This is the sad reality of a person drowned by gambling addiction.  First he will put a lot of time gambling affecting his source of fund while depleting his current fund.  When he messed up with his source of funds then he will try to recover the losses by gambling more hoping to win a huge amount of money in order for him to get a lot of time looking for another source, but little that he knows, he is starting to deplete his current funds. And when the gambling addict is in financial ruins, he will start borrowing money to his friends and even with the intention of paying it, without a proper source of fund, that person will default his loan.  Then due to frustration, uncontrol urge to gamble, he will then be forced to think of illegal ways to get money to support his gambling addiction.

really bad and at this stage he really needs some therapeutic aid to help him recover, because at this stage i don't think an advise from friends or family could do anything to help him recover since he's soaked deeply into it.

Even if the family managed to pay off his debt, they also need to find a means to stop his addiction and probably adopt therapeutics as you've mentioned, addition is very hard to control.
 

I highly agree, gambling addiction should be cured even after the family paid for that gambling addict's debt.  Since the problem will surely reoccur if the gambling addiction of a person is not cured.

[Shinpako09]

I'm not sure how many times I did it, but it was only a handful, more or less than three if I'm not mistaken. The pressure is neutral because I have the opportunity to pay whether I win or lose during that period. It's a different story if I'm not, which, of course, I'm not going to do. I'm not going to plunge myself into the abyss. As they usually say, only gamble with money you can afford to lose.

What triggers you to take out a loan? I mean, I'm just curious because even I only take out a loan if I don't have a choice and am in need of money for those important things, but you kind of just decided on that day to take out a loan. Or have you thought of it for a couple of days? Yes, part of it is that you can pay it off, but are you having second thoughts before taking a loan just for gambling?

I had my payment coming from here previously, but it's almost as if I merely forwarded it so I wouldn't have to wait. And, no, I don't take out loans or even utilize my pocket money. Everything I utilized for internet gambling came from cryptocurrency as well. It doesn't influence my personal life whether I win or lose, but I don't do it anymore because it's stupid. I even regret getting involved with gambling. If it hadn't been for gambling, I may have made more money in cryptocurrency and changed my life.

[LDL]

Almost majority of the community here in the forum are agreed that applying for loan to gambling only is not a wise thing decision. Which is I also agreed, in fact on this such behavior is only addict gambler can do this actually. It is because for a responsible player in a casino won't do this for sure.
Because several community in the gambling industry always gave reminders to gamble moderately, and do it for fun or entertainment only.

When a gambler has no capital with which to place gambling bets, he borrows capital from banks or other sources if he cannot manage the capital in any other way. This can be said to be a type of greed, because of this greed many gamblers become bankrupt and are forced to take any kind of risk if they cannot repay the loan. In my locality many gamblers are getting involved in criminal activities due to such loans. So it is by no means advisable to get involved in gambling by taking a loan for the time being.
Moreover, due to these loans many couples are facing problems of divorce and forced dowry system which is not desirable in a healthy society.

[Bitcoin_people]

When a gambler loses his entire fund and then is interested in gambling with credit, he is taking a big risk, I think. Because nowadays most of the gamblers lose their money and when they can't win the bet they decide to take interest loans from different places. In such a situation, it is seen that if most people bet with the amount of money they borrow, if they lose, then there is definitely a huge pressure on them. But I think gambling with loan is risky but some people who are experienced in gambling and wise if they gamble with loan they can pay it off by winning the bet. But not everyone is the same so gambling with loans I think is totally risky and can put a gambler's life in great danger. Many times it is seen that people who are addicted to gambling gamble with various banks or loans with interest and they lose many times. Losing that borrowed money they decide to sell any land or anything else they have and this affects their families in the future. So when a gambler gambles he should never gamble with a loan rather he gambles with the money he saves if he can make a profit it is good for the gambler.

[Josefjix]

When a gambler has no capital with which to place gambling bets, he borrows capital from banks or other sources if he cannot manage the capital in any other way. This can be said to be a type of greed, because of this greed many gamblers become bankrupt and are forced to take any kind of risk if they cannot repay the loan. In my locality many gamblers are getting involved in criminal activities due to such loans. So it is by no means advisable to get involved in gambling by taking a loan for the time being.
Moreover, due to these loans many couples are facing problems of divorce and forced dowry system which is not desirable in a healthy society.

Planning is everything, knowing what we can take in and give out. Loans are debts, and triggering them is not financial advice. Gambling can result in either profits or losses. Furthermore, we should always strive to be on the winning side, as this is the only way to reap the benefits of the system. Being on the losing end has resulted in nothing but massive losses and regrets; just try not to blow things out of proportion. If there is no money, we stick to what will provide us with multiple sources of profits. Taking out loans for gambling is not a bad idea, but the consequences include huge indebtedness.

[traderethereum]

You know, I got really mad at one of my co-workers who is basically a gambler who seems to have lost his mind. He was totally addicted and had even taken risks I could not have imagined before to fulfill his gambling passion. Recently he took an online loan to fulfill his desire to gamble, but what I regret the most is that he secretly entered my cellphone number as collateral so that the service would give him a loan.

He really was crazy about gambling, but that was his part. The problem is I highly regret that he has involved anyone else in fulfilling his desire to gamble, he did so not based on my consent until the service contacted me today because the loan was in trouble (failed to pay on time).

Geez, your co-workers really don't think about the consequences of borrowing money from online loans.
He really has lost his mind borrowing from that online loan, using your cellphone number as collateral.
I'm curious how you explain to the online lender about this mistake, but hopefully, you won't be chased by the debt collector.
That's what happened to a gambling addict who had a severe gambling addiction to the point of sacrificing his friends to get money to gamble.
Hopefully, the case can be resolved properly and your friend can get out of gambling but it must be really hard.

Going to the extent of taking loans from online lending company shows that his friend is really deep in his gambling addiction and if care is not taken could reach the level of stealing or committimg series of crimes just to satisfy this gambling desires, really bad and at this stage he really needs some therapeutic aid to help him recover, because at this stage i don't think an advise from friends or family could do anything to help him recover since he's soaked deeply into it.
 It's in your best interest to seek the help of his family to try aid him in coming  out of this bad habit because if care is not taken you could imagine what he could no next after involving you as his collateral without your concep, maybe he could steal your valuable items to settle his debt or use a families valuable item as collateral to settlle his debt, I've seen cases where people are arrested and jailed due to inability to pay their debts and i just hope his case doesn’t get to that, it won't really be easy to change him immediately because gambling addiction takes a gradual process to change totally and going for a therapy is the best solution.

It should be so but I don't know. That seems difficult to do, considering that his friend was already so badly addicted to gambling that he borrowed money from an online loan.
I think he should tell his friend's family that he has used his phone number to borrow money from online loans so that his family can find a way to cure his gambling addiction.
I'm just worried that he will be asked to pay the online loan bill, especially if he has no relationship with his friend.
Maybe his friend really should be put in a rehab center to cure his gambling addiction.

[Stable090]

hoping for a Jackpot that gambling sites never give.

That’s what most addicted gamblers are always having in mind, they are having the mindset that they are going to hit a Jack pot one day, so they believe if they don’t give up, then the day is going to come and they will be able to recover all the amount they have lost in gambling, but don’t be surprised that most of them will never hit any jackpot.

borrowing money to gamble which will end in new problems. I don't know how to remind addicts like this, because they don't have the common sense to think about the impact of the loan.

Addicted gamblers will never believe that taking a loan to gamble is risky, some of them are always confident in the bet they are planning to place, they don’t believe they can lose money. When you are gambling, there is an assurance that you are going to win the bet, that’s why it’s called gambling, but some people are always too confident.

No matter how you are going to advice a addicted gambler that he/she is doing the wrong thing, they will never listen to you so it’s better you just keep looking at them, addicted gamblers don’t listen to advice, they do anything just to get money to gamble.

[len01]

It should be so but I don't know. That seems difficult to do, considering that his friend was already so badly addicted to gambling that he borrowed money from an online loan.
I think he should tell his friend's family that he has used his phone number to borrow money from online loans so that his family can find a way to cure his gambling addiction.
I'm just worried that he will be asked to pay the online loan bill, especially if he has no relationship with his friend.
Maybe his friend really should be put in a rehab center to cure his gambling addiction.

regarding online loans it really kills someone slowly and plus someone who borrows is a gambling addict the situation will be much worse. the best way really has to tell everything to his family because whatever happens can help him recover from addiction and solve the loan problem and there is no other way but to tell his family to get it done right away because if not, no one can help even if his friend ever can.
and maybe if his family already knows about his addictive activities to the extent that it involves online loans he will immediately be rehabilitated to a psychology specialist and that must be done because if not he will just become an addict again and borrow money again because it is very easy to access online loans to be able to get money easily and used to vent his addiction.

[summonerrk]

Therefore, there is a golden rule among traders and conscious gambling players - to trade /play only with your own money. It is forbidden to win back at the casino or betting on other people's money.

Rules are easy to read but very difficult to follow in some cases, especially in gambling. If you are not really in a good state of mind and exercising your self-control very well, you can really make some wrong decisions that lead to the mismanagement of your funds. You know that we can't put away the fact that gambling is full of fun and some kind of attraction, like the more you gamble, the more you wish to gamble more and more until there's no money to spend again, and if there's even a chance for the gambler to borrow, you will see them meeting their friends and asking if they can help them with some funds, which they will pay back later.

I agree that if you are ready for something, then you are not so easily caught off guard. But if you don't suspect, then everything is completely different. It's like if you don't know that there will be a trick or a prank on you now, and you behave very casually, and without waiting for a trick. It is very sad that addicted players do not understand that you need to stop if you have lost all your money. Unfortunately, they think that they will be able to recoup on borrowed funds, making the situation even worse. I read the story of a ludoman who twice sold all the things of the owner of the rented apartment where the player lived. It's horrible. And in this situation, he was saved by his parents, who bought all the furniture and appliances back.