Gambling experience using loan money

[Renampun]

...

I agree with this.

It's important that we should be wary of every loan to take and only use it for important matters such as spending it for necessities and for emergency purposes. One must not borrow money intended to be used for luxurious activity such as gambling that is risky to begin with. If you think you'll get profit by betting and playing, you might be right, but be reminded that it isn't guaranteed. Hence, taking your chances to borrow money for gambling use is not really recommended because you can't be certain that you can pay it off before the due date the moment you lose all of it.

panic often makes people make the wrong decisions and usually, when a borrower has a deadline to pay off his loan, he will do anything to pay it, including selling his valuable assets for that, borrowing money for gambling capital is something that is never recommended, if you have ever heard of someone successfully winning gambling from borrowed capital then believe it is all a lie, don't be desperate to do that, think about your family because the psychological impact will attack your family when they find out that you borrowed from the bank for gambling capital.

[zuzie]

They can't get of themselves and there's no resource for them anymore and that's why they're borrowing money to gamble.

Loans are intended for critical budgeting and perhaps meeting gambling systems objectives. We should be discipline, we're never satisfied with what we have; if we make an excessive amount of money today, we'll be even more frustrated and desperate the next day, because we keen on doubling whatever initial money we generated already. Creating extra money to pay bills without depleting our basic funds will result in significant savings for us in the system. We bet what we can afford to lose in the system and avoid staking what would make things extremely difficult for us.

I agree with your opinion, that someone will feel dissatisfied with the money they currently have, they think how to get money again, maybe by borrowing money to gamble as if they will always be lucky and win, but this is what we need . it's true that when playing Gambling it's not always smooth, one day you will definitely hurt yourself. It would be nice if we played gambling with the money we have so it doesn't burden our hearts and minds if one day we experience a loss, even though someone needs to borrow money to gamble it would be nice for us to think twice first.

[tusandii]

Now I can afford to borrow only when absolutely necessary. I take this as a matter of principle. And taking loans in order to place a bet or win back is a sign of incompetence and neglect of the elementary basics of financial literacy. But sometimes the desire to recoup is above all other desires. This must be feared like fire and learn from their mistakes.

My advice is as much as possible never to borrow money to gamble unless it is borrowed for something else that might be more productive, even if you are pressured because you lose gambling, don't ever follow those emotions and passions, obviously that will lead us to bad behavior as gamblers, that's clear it will hurt ourselves later if we fail to pay it.

I think we all know that gambling must be wise and responsible, always use money that we can afford to lose, not with borrowed money, that is definitely not recommended, as gamblers, it is clear that this is not a good way to recover from losses, always make sure to limit your budget. gamble so as not to try to get into debt for the sake of gambling.

The existence of a money lending service is actually aimed at important things that really urge someone to make a loan and in essence a loan is an aid that should be used as well as possible.
Someone's biggest mistake when borrowing money is just to gamble because they think that the borrowed money can be gambled and won to return losses and also generate some residual profits but in reality no one succeeds by doing this because it is precisely the difficulties that will be encountered a few days later.
Even though some people realize that it is not recommended to gamble with borrowed money, in reality, not a few gamblers lose money and then decide to take out a loan so they can continue their gambling session.

It can only be felt and understood by professional gamblers and those who are still unstable in taking action can never think about things that far.

[ethereumhunter]

A long time ago, I borrowed only once in my life to recoup. This is a very scary feeling mixed with anger and shame towards oneself. I was very lucky that the bet played and I immediately repaid the debt. I have never done anything like this again, and I won't do it. I don't know what would have happened to me now if I hadn't been able to recoup on borrowed funds then.

Now I can afford to borrow only when absolutely necessary. I take this as a matter of principle. And taking loans in order to place a bet or win back is a sign of incompetence and neglect of the elementary basics of financial literacy. But sometimes the desire to recoup is above all other desires. This must be feared like fire and learn from their mistakes.

It's okay if you have an experience like that because it is a valuable lesson for you so you don't repeat it because you already feel how you feel when you are in debt. I would be happy if you never do that again, especially if the money you borrow is only for gambling, whereas if you owe it, it must be for your daily needs. Hopefully, you will never be in debt again and be able to make ends meet and not use borrowed money to gamble.

If you can make it a principle, that's a good thing. At least you have a grip on not being in debt for anything including debt to gamble. That's a big No, you shouldn't do. You can control that desire, especially since you have had previous debt experiences where you felt this discomfort precisely because you have felt that experience that you have to remember to avoid being in debt from other people.

[sompitonov]

Now I can afford to borrow only when absolutely necessary. I take this as a matter of principle. And taking loans in order to place a bet or win back is a sign of incompetence and neglect of the elementary basics of financial literacy. But sometimes the desire to recoup is above all other desires. This must be feared like fire and learn from their mistakes.

My advice is as much as possible never to borrow money to gamble unless it is borrowed for something else that might be more productive, even if you are pressured because you lose gambling, don't ever follow those emotions and passions, obviously that will lead us to bad behavior as gamblers, that's clear it will hurt ourselves later if we fail to pay it.

I think we all know that gambling must be wise and responsible, always use money that we can afford to lose, not with borrowed money, that is definitely not recommended, as gamblers, it is clear that this is not a good way to recover from losses, always make sure to limit your budget. gamble so as not to try to get into debt for the sake of gambling.

Good advice for me. But this case was with me for a long time, more than 5 years have already passed. And my thinking in gambling has changed for the better. I am sure that I will never borrow money for gambling again in my life. That once was enough.

It's okay if you have an experience like that because it is a valuable lesson for you so you don't repeat it because you already feel how you feel when you are in debt. I would be happy if you never do that again, especially if the money you borrow is only for gambling, whereas if you owe it, it must be for your daily needs. Hopefully, you will never be in debt again and be able to make ends meet and not use borrowed money to gamble.

If you can make it a principle, that's a good thing. At least you have a grip on not being in debt for anything including debt to gamble. That's a big No, you shouldn't do. You can control that desire, especially since you have had previous debt experiences where you felt this discomfort precisely because you have felt that experience that you have to remember to avoid being in debt from other people.

Good thing it went easy for me. I sincerely feel sorry for those people who, because of a similar situation, have had big problems in their lives. I hope my experience will be an example

[nara1892]

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That's right, if you gamble using borrowed money then of course you will feel a lot of pressure, especially in gambling it's 50-50 between winning and losing, meaning that it's neutral that no one can know when the win will come. It's too early to think about borrowing to gamble, are you too sure of victory? I think some of the people who end up making loans have a very wrong mindset, where they are too sure of all the wins and have too high expectations there. I hope all gamblers think normally if they don't want to crash in the end. Like the case you mentioned, one of them ended up having a mental breakdown so he did things he didn't expect. This happens because they are too dizzy with the circumstances or the downturn they experience as a result of gambling, they borrow to gamble and lose and vice versa they have nothing to replace the money they have borrowed. So the point is not to overdo it in gambling, gamble with reasonable conditions which are just for fun so you don't get too down in it.

Exactly. You are also doubling the risk of losing the money you do not afford to lose. How will you cover up for these losses, and where will you get the money to repay such borrowings? Gambling is a risky activity that does not guarantee winnings which can lead to financial difficulties. It's important to make responsible financial decisions and avoid taking on debt for non-essential purposes. Remember to always prioritize your financial well-being and make wiser decisions.

Most gamblers want to cover or pay their debts from gambling winnings, they take out loans to gamble and hope that the money will multiply and they will make a profit. But that's not the case at all and it seems highly improbable to someone with a normal mindset. Well right, like I said earlier that it's 50-50, there's no guarantee of any winnings there, and it's neutral. I can't understand how they can convince themselves that winning is so easy to get that they're desperate to take out these loans, it's beyond my comprehension. They want to make a lot of money but in a way that doesn't make sense, on the other hand a win is possible, but it's only 10/1, meaning they will be able to get a win if they have sacrificed ten losses to get one win. Honestly, it's not winning but giving back what we've lost out there. That's right, such a mindset will only make it difficult for themselves, so the point is that if they really want to gamble then use the money they are ready to lose. Accepting all the facts at the end of the game is better than returning to chasing a victory that is only based on luck alone.

[Sakanwa]

This topic is really making me laugh,because I don't know how some persons take expensive risks,borrowing or taking a loan because you want to gamble is a big risk  I can't take or advice anyone close to me to take because the heart trauma that comes when the game you staked on is lost is something very hard to accept.It is true that some persons are lucky when it comes to Gambling or betting,but no game is sure to bet on or stake on,as every game is risky,therefore,me taking a loan or borrowing money for a game I am not hundred percent sure it's a win win game is something I haven't tried before,and something I just can't do.One thing about this type of games is that the expectations from the game you borrowed money for is what gives you high blood pressure if care is not taken.

[blockman]

This topic is really making me laugh,because I don't know how some persons take expensive risks,borrowing or taking a loan because you want to gamble is a big risk 

That only shows the wide variety of people in the world and that's how they're going to take gambling seriously when they don't have anything left. Aside from borrowing money for them to gamble, you'll see some crazy news or headlines that someone has sold almost everything that he can so that he can go back to gamble again. The risk is known in gambling and that's not a surprise to them because they knew it all the time but still continues because of the emotional setback that it does.

I can't take or advice anyone close to me to take because the heart trauma that comes when the game you staked on is lost is something very hard to accept.

It's common that someone can't accept defeat but those that have been gambling for a very long time have been dealing with it. But the variance of feeling is still there so, many ends up chasing their losses.

[coinerer]

This topic is really making me laugh,because I don't know how some persons take expensive risks,borrowing or taking a loan because you want to gamble is a big risk  I can't take or advice anyone close to me to take because the heart trauma that comes when the game you staked on is lost is something very hard to accept.It is true that some persons are lucky when it comes to Gambling or betting,but no game is sure to bet on or stake on,as every game is risky,therefore,me taking a loan or borrowing money for a game I am not hundred percent sure it's a win win game is something I haven't tried before,and something I just can't do.One thing about this type of games is that the expectations from the game you borrowed money for is what gives you high blood pressure if care is not taken.

People who are addicted to gambling do not consider the risk of gambling and because of this they dare to gamble with loans. this is funny but it is very dangerous for those who do it. Gambling is something that one can lose all his money and double his money in just one minute.  And if someone takes a loan and loses that money in gambling, then he has no way to repay the money and at that time people do not hesitate to engage in various illegal activities and commit various crimes.

[leonair]

This topic is really making me laugh,because I don't know how some persons take expensive risks,borrowing or taking a loan because you want to gamble is a big risk  I can't take or advice anyone close to me to take because the heart trauma that comes when the game you staked on is lost is something very hard to accept.It is true that some persons are lucky when it comes to Gambling or betting,but no game is sure to bet on or stake on,as every game is risky,therefore,me taking a loan or borrowing money for a game I am not hundred percent sure it's a win win game is something I haven't tried before,and something I just can't do.One thing about this type of games is that the expectations from the game you borrowed money for is what gives you high blood pressure if care is not taken.

People who are addicted to gambling do not consider the risk of gambling and because of this they dare to gamble with loans. this is funny but it is very dangerous for those who do it. Gambling is something that one can lose all his money and double his money in just one minute.  And if someone takes a loan and loses that money in gambling, then he has no way to repay the money and at that time people do not hesitate to engage in various illegal activities and commit various crimes.

It is natural that when someone has no opportunity to manage their money, they do not hesitate to commit any crime like theft, robbery, etc. when they have only one focus to collect money. Again it is seen that they borrow from another place and repay the loan in another place, thus they are burdened with huge amount of debt.  So if one does not have his own money then he should not go to bad places like gambling. Gambling does more harm than good

[bangjoe]

This topic is really making me laugh,because I don't know how some persons take expensive risks,borrowing or taking a loan because you want to gamble is a big risk  I can't take or advice anyone close to me to take because the heart trauma that comes when the game you staked on is lost is something very hard to accept.It is true that some persons are lucky when it comes to Gambling or betting,but no game is sure to bet on or stake on,as every game is risky,therefore,me taking a loan or borrowing money for a game I am not hundred percent sure it's a win win game is something I haven't tried before,and something I just can't do.One thing about this type of games is that the expectations from the game you borrowed money for is what gives you high blood pressure if care is not taken.

People who are addicted to gambling do not consider the risk of gambling and because of this they dare to gamble with loans. this is funny but it is very dangerous for those who do it. Gambling is something that one can lose all his money and double his money in just one minute.  And if someone takes a loan and loses that money in gambling, then he has no way to repay the money and at that time people do not hesitate to engage in various illegal activities and commit various crimes.

I have been in this position in the past, not because I don't understand the risks but I really want to gamble in a position of not having and to gamble, and yes the method is to borrow money from my closest friends, but that was my bad experience in gambling which will never be repeated, sometimes experience provides important lessons for us not to make mistakes again, because the position is that I get regular terror from friends I borrow money from.
and what's worse is that situation I don't have a job but I dare to borrow money and play gambling.lol

[Comingdown]

To be honest, I have never tried that, the one where you borrow money just to gamble.
No matter where we look from the very beginning, you will lose immediately because we know that you need to pay with interest. How can it be if what you owe has also been used up, you will only sink further into debt. I  think that those who reach this level are too addicted to gambling and can't think straight so a person can do this. But there are also people, even if they gamble from debt, they are still able to pay it off and there is no problem as long as you pay back what you borrowed even if you lose gambling or anywhere else it doesn't matter.

[cryptomaniac_xxx]

This topic is really making me laugh,because I don't know how some persons take expensive risks,borrowing or taking a loan because you want to gamble is a big risk  I can't take or advice anyone close to me to take because the heart trauma that comes when the game you staked on is lost is something very hard to accept.It is true that some persons are lucky when it comes to Gambling or betting,but no game is sure to bet on or stake on,as every game is risky,therefore,me taking a loan or borrowing money for a game I am not hundred percent sure it's a win win game is something I haven't tried before,and something I just can't do.One thing about this type of games is that the expectations from the game you borrowed money for is what gives you high blood pressure if care is not taken.

People who are addicted to gambling do not consider the risk of gambling and because of this they dare to gamble with loans. this is funny but it is very dangerous for those who do it. Gambling is something that one can lose all his money and double his money in just one minute.  And if someone takes a loan and loses that money in gambling, then he has no way to repay the money and at that time people do not hesitate to engage in various illegal activities and commit various crimes.

I have been in this position in the past, not because I don't understand the risks but I really want to gamble in a position of not having and to gamble, and yes the method is to borrow money from my closest friends, but that was my bad experience in gambling which will never be repeated, sometimes experience provides important lessons for us not to make mistakes again, because the position is that I get regular terror from friends I borrow money from.
and what's worse is that situation I don't have a job but I dare to borrow money and play gambling.lol

Yes, sometime we really need to experience it first hand before we learn our lessons. It could be the loan from friends, or even from a bank. But is the worst decision because once you gamble all the money then you will have to think on how to repay then as you lose everything in a casino.

And most likely some of us have experience that bad sign of gambling. Maybe we can't blame our selves that time because we are addicted, but looking back rightn now, I will say that I made the wrong decisions early on because all I want is to continue my gambling habits.

[2double0]

Interest rate is the next part, first one would be when you start losing that borrowed money as later, you need not only be recovering your money back to the original bankroll but the interest rate and also any profits you expect as winnings on this bankroll. It does not feel normal at all when you start losing someone's money knowingly that it's a loan and you will have to return it back with interest at any cost. In my opinion, it isn't a good step to borrow money and gamble because luck cannot favor you every single day.

[bangjoe]

People who are addicted to gambling do not consider the risk of gambling and because of this they dare to gamble with loans. this is funny but it is very dangerous for those who do it. Gambling is something that one can lose all his money and double his money in just one minute.  And if someone takes a loan and loses that money in gambling, then he has no way to repay the money and at that time people do not hesitate to engage in various illegal activities and commit various crimes.

I have been in this position in the past, not because I don't understand the risks but I really want to gamble in a position of not having and to gamble, and yes the method is to borrow money from my closest friends, but that was my bad experience in gambling which will never be repeated, sometimes experience provides important lessons for us not to make mistakes again, because the position is that I get regular terror from friends I borrow money from.
and what's worse is that situation I don't have a job but I dare to borrow money and play gambling.lol

Yes, sometime we really need to experience it first hand before we learn our lessons. It could be the loan from friends, or even from a bank. But is the worst decision because once you gamble all the money then you will have to think on how to repay then as you lose everything in a casino.

And most likely some of us have experience that bad sign of gambling. Maybe we can't blame our selves that time because we are addicted, but looking back rightn now, I will say that I made the wrong decisions early on because all I want is to continue my gambling habits.

This kind of thing in my opinion is not something we need to experience as a gambler, if only at that time I heard or saw how the impact of people who borrowed money to gamble maybe I would never do it because I saw and heard directly someone who was destroyed by forcing gambling Without having money until he dared to borrow.
Hope that is made slowly will get a victory to be one of the indicators I dare to take the loan at that time, but in fact luck was not in favor, and I was indeed very stupid at that time.

I hope that there is no one who suffered my fate, even though it does not fall too deep and leaves the debt of millions of dollars, I hope that for others just borrowing 1 dollar to gamble, it is not recommended, because fear will be more sustainable and more brave.

[ethereumhunter]

Good thing it went easy for me. I sincerely feel sorry for those people who, because of a similar situation, have had big problems in their lives. I hope my experience will be an example

Yes, you are right. At least we can learn from the experiences of those around us or other people who want to share their experiences so that we can avoid the same mistakes as them. We will also do the same by sharing our experiences with them so they can also learn from our experiences. This will be a lesson we can get so that we can be even better in the future. And when you want to gamble, you shouldn't use borrowed money, especially if you find it difficult to repay the loan. It's better not to borrow money from other people to gamble but to wait until we have money that we don't use for things we must fulfill so it doesn't interfere with our finances.

[shogun47]

This topic is really making me laugh,because I don't know how some persons take expensive risks,borrowing or taking a loan because you want to gamble is a big risk  I can't take or advice anyone close to me to take because the heart trauma that comes when the game you staked on is lost is something very hard to accept.It is true that some persons are lucky when it comes to Gambling or betting,but no game is sure to bet on or stake on,as every game is risky,therefore,me taking a loan or borrowing money for a game I am not hundred percent sure it's a win win game is something I haven't tried before,and something I just can't do.One thing about this type of games is that the expectations from the game you borrowed money for is what gives you high blood pressure if care is not taken.

People who are addicted to gambling do not consider the risk of gambling and because of this they dare to gamble with loans. this is funny but it is very dangerous for those who do it. Gambling is something that one can lose all his money and double his money in just one minute.  And if someone takes a loan and loses that money in gambling, then he has no way to repay the money and at that time people do not hesitate to engage in various illegal activities and commit various crimes.

It is natural that when someone has no opportunity to manage their money, they do not hesitate to commit any crime like theft, robbery, etc. when they have only one focus to collect money. Again it is seen that they borrow from another place and repay the loan in another place, thus they are burdened with huge amount of debt.  So if one does not have his own money then he should not go to bad places like gambling. Gambling does more harm than good

You probably shouldn't call it "natural" then that somebody who has money issues will tend towards committing crimes. Because if it is natural as you say, it doesn't make sense to then say what these people "should not do". You obviously are pointing out that they feel like having no other choice than going for these bad actions. But if people have arrived at a point that they convince themselves to commit crimes to finance their bad habits, good advice doesn't help them anymore. The best for themselves would probably be to get caught, to get punished and to get a therapy. People who gamble too much and harm their lives is one thing, but committing crimes to continue gambling is a different level problem.

[Fredomago]

Good thing it went easy for me. I sincerely feel sorry for those people who, because of a similar situation, have had big problems in their lives. I hope my experience will be an example

Yes, you are right. At least we can learn from the experiences of those around us or other people who want to share their experiences so that we can avoid the same mistakes as them. We will also do the same by sharing our experiences with them so they can also learn from our experiences. This will be a lesson we can get so that we can be even better in the future. And when you want to gamble, you shouldn't use borrowed money, especially if you find it difficult to repay the loan. It's better not to borrow money from other people to gamble but to wait until we have money that we don't use for things we must fulfill so it doesn't interfere with our finances.

yeah with those things that being shared, experienced is the best basis when you wanted to learn about something, and if applying that to gambling it can help lessen or avoid something huge to happen, more on losing a lot and prevent you from being addicted and suffer from your gambling activities, we know that once you got addicted, you can go as to the far in loaning money and for sure if addiction already present there's no control anymore, and you will just add more problem in terms of your finances, unable to repay someone will lead you to loan or barrow more.

[sompitonov]

Good thing it went easy for me. I sincerely feel sorry for those people who, because of a similar situation, have had big problems in their lives. I hope my experience will be an example

Yes, you are right. At least we can learn from the experiences of those around us or other people who want to share their experiences so that we can avoid the same mistakes as them. We will also do the same by sharing our experiences with them so they can also learn from our experiences. This will be a lesson we can get so that we can be even better in the future. And when you want to gamble, you shouldn't use borrowed money, especially if you find it difficult to repay the loan. It's better not to borrow money from other people to gamble but to wait until we have money that we don't use for things we must fulfill so it doesn't interfere with our finances.

But the main problem is that most people do not want to learn from the mistakes of others. I am sure that on our BTT forum, many benefited from the experience of others, including mine. And I'm glad if it saves at least one user from stupid actions.

You can also watch interviews of gamblers on YouTube. I have watched many of these videos. One thing they have in common with our topic is that they all borrowed money for the game at some point, and this is a very disturbing signal for us.

yeah with those things that being shared, experienced is the best basis when you wanted to learn about something, and if applying that to gambling it can help lessen or avoid something huge to happen, more on losing a lot and prevent you from being addicted and suffer from your gambling activities, we know that once you got addicted, you can go as to the far in loaning money and for sure if addiction already present there's no control anymore, and you will just add more problem in terms of your finances, unable to repay someone will lead you to loan or barrow more.

The worst thing about this is that when a person takes out a loan to play, he doesn't think that he will have problems. He is obsessed with winning back the money he recently lost, and he is thinking about it at this particular moment. That's the whole point of gambling addiction.

[kojektea]

there should be a higher adrenaline rush if using borrowed money. I know it's not recommended, because it will definitely be difficult for us to pay off the debt plus the interest. but some people must have tried extreme things. I have friends like that. Well, it was profitable at first, but when they lost, they had to endure how to pay off debts and how to support themselves.