Ever heard about financing a gambler?

[death69]

How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?

Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?

Have you heard of such before? What is the end result if you have?

Why would you trust anyone to gamble better than you can when it's all about luck?

Is anyone doing this on here?

Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?

OP, I don't think that's ideal to finance anyone or group of person in gambling, gambling is a risk stuff, as a reasonable person, if people work up to you for business collaboration, first of all you will have to study the profit nature of such business, and also the risk involved, you can't just release money just like that unless you decided to dash them the money, op, I will speak for myself, your judgment is right, this guy that explained this incident to you is a victim, but in the aspect of some gambling better than you, I strongly have the feeling that gambling is a luck game but individuals can master some games and become successful in those game that's all I know.

My friend, this can't fail, even though I have never heard of it before, but if such exists and are known and popular for borrowing gamblers money, I can assure you that it will be one of the most booming businesses around. Gamblers are so many and are desperate at the same time, while some will not have immediate money to play and would want to play at all costs. They will get whatever loans at their disposal so that they will not be bored without gambling and trying to make money through it. The business in itself is what I do not like, it is selfish and a means to earn from people's woes, which is not good. This is the reason I believe that the gambling financing business is not known as they would not be so bold to mention that in society, while the government can sanction them as well.

That is why normal loaning establishments are all over the place, and anyone who needs to get loans for whatever reason can access it. If they like, let them collect their loans and gamble with everything, it is no one's business, after all, it wasn't plainly collected in the name of gambling. But really, gamblers should take it easy, collecting loans to gamble itself is so bad and even if there are gambling financiers, it is good that gamblers do not patronise them to avoid increasing their gambling woes which can lead to more financial embarrassment. All gamblers should always ask themselves a sincere question when they have gotten to the state of borrowing money to gamble whether they are still normal or not. But certainly, the truth is that they are already addicted at that point, they can't be normal at all. So it is better to retrace back the steps.

I find it troubling that a corporation thrives on gamblers' desperation. Exploitation of weakness permeates the idea. Due to social and legal scrutiny, such firms may be hidden, but their existence raises moral concerns. I suppose this relates to society's view of gambling and financial reponsibility. It's intriguing and frightening how banks may encourage gambling. Despite appearing lawful, they can be just as harmful. Not simply legality, but ethics and personal responsibility.

The necessity for gamblers to self-reflect is essential for survival. Debt for gambling is a clear indicator of addiction. Awareness and healthy gambling are crucial here. Self-awareness, responsible gambling, and financial and mental wellness must be promoted.

[klidex]

How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?

Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?

Have you heard of such before? What is the end result if you have?

Why would you trust anyone to gamble better than you can when it's all about luck?

Is anyone doing this on here?

Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?

OP, I don't think that's ideal to finance anyone or group of person in gambling, gambling is a risk stuff, as a reasonable person, if people work up to you for business collaboration, first of all you will have to study the profit nature of such business, and also the risk involved, you can't just release money just like that unless you decided to dash them the money, op, I will speak for myself, your judgment is right, this guy that explained this incident to you is a victim, but in the aspect of some gambling better than you, I strongly have the feeling that gambling is a luck game but individuals can master some games and become successful in those game that's all I know.

Of course, financing gambling is a careless attitude, gambling cannot be used as an investment even though we are lured by winning and can provide profits because gambling itself is a game that is not certain to win or lose. We cannot make gambling a source of profit, we must have heard of someone who is a gambling addict who borrows large amounts of money just to catch up on his losses, but what does he get? In fact, their experience more and more losses, this is more the same as when we finance gamblers. If you finance them, it is not impossible that it will happen the same way, namely experiencing losses so that you don't get the profits that are promised.

If your investment fails, it doesn't necessarily mean that the gambler will immediately return your money. If they don't return it, aren't you also the one who lost? So it's better to think carefully about financing gamblers because by financing this you are supporting gambling which is starting to become unhealthy because gambling with borrowed money is not recommended.

[Richbased]

How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?

Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?

Have you heard of such before? What is the end result if you have?

Why would you trust anyone to gamble better than you can when it's all about luck?

Is anyone doing this on here?

Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?

OP, I don't think that's ideal to finance anyone or group of person in gambling, gambling is a risk stuff, as a reasonable person, if people work up to you for business collaboration, first of all you will have to study the profit nature of such business, and also the risk involved, you can't just release money just like that unless you decided to dash them the money, op, I will speak for myself, your judgment is right, this guy that explained this incident to you is a victim, but in the aspect of some gambling better than you, I strongly have the feeling that gambling is a luck game but individuals can master some games and become successful in those game that's all I know.

Like I don't even see any reason why a gambler or gamblers should be financed because gambling is basically a business that has a 50/50 chance of winning and losing, like the percentage are both at equilibrium so anyone who wishes to make profits will understand that financing a gambler is a very big risk of losing your money, though sometimes there are individuals or group of gamblers that makes real predictions, but it's not all the time they make reliable predictions.

[len01]

OP, I don't think that's ideal to finance anyone or group of person in gambling, gambling is a risk stuff, as a reasonable person, if people work up to you for business collaboration, first of all you will have to study the profit nature of such business, and also the risk involved, you can't just release money just like that unless you decided to dash them the money, op, I will speak for myself, your judgment is right, this guy that explained this incident to you is a victim, but in the aspect of some gambling better than you, I strongly have the feeling that gambling is a luck game but individuals can master some games and become successful in those game that's all I know.

then what about poker, blackjack and baccarat games? do you still say that this type of game is just a game of luck?

I actually said this before in this thread but it seems you haven't seen the reply I wrote and I repeat that not all types of games depend on luck but some types of games depend on skill such as poker. in this game your skills will be really needed because without skills you will only swallow a bitter pill every round.

so if you say funding gamblers is too risky and you think it always fails I dont agree. because there are lots of professional poker gamblers out there who have very high mathematical intelligence and huge experience in the game of poker so they are able to get consistent wins from several rounds and we can fund our professional poker gamblers by coming to their house and saying that we will fund their gambling here. poker game and if we win we will share the profits.
isn't this fair?

not everything depends on luck and if you know there are lots of gamblers out there who have become rich because they have skills in the game of poker and there is no harm in funding the right gamblers.

[wxa7115]

I find it troubling that a corporation thrives on gamblers' desperation. Exploitation of weakness permeates the idea. Due to social and legal scrutiny, such firms may be hidden, but their existence raises moral concerns. I suppose this relates to society's view of gambling and financial reponsibility. It's intriguing and frightening how banks may encourage gambling. Despite appearing lawful, they can be just as harmful. Not simply legality, but ethics and personal responsibility.

The necessity for gamblers to self-reflect is essential for survival. Debt for gambling is a clear indicator of addiction. Awareness and healthy gambling are crucial here. Self-awareness, responsible gambling, and financial and mental wellness must be promoted.

There is probably no other moment in history in which people are more aware about the potential dangers that gambling and many other activities entail, and despite all of that effort by governments all around the world, people fall victims of an addiction even when they know very well what is going on, so I doubt there is much else which can be done to protect those people.

And this realization is what could make some politicians to implement harsher policies against casinos on the future, even if it is clear casinos do not like the idea of people becoming addicted to their games either, due to those gamblers affecting their image as well and making other people more reticent to become gamblers as they fear becoming addicted too.

[maydna]

Like I don't even see any reason why a gambler or gamblers should be financed because gambling is basically a business that has a 50/50 chance of winning and losing, like the percentage are both at equilibrium so anyone who wishes to make profits will understand that financing a gambler is a very big risk of losing your money, though sometimes there are individuals or group of gamblers that makes real predictions, but it's not all the time they make reliable predictions.

For the owner, the casino is indeed a profitable business, but not for gamblers who have two choices: winning and losing. But they are more likely to experience defeat than win, meaning they will experience defeat more often than win. And when they ask for funding for their gambling, they will not realize they have made the wrong decision by doing so and that they should not have done it. They don't need to gamble if they don't have any money and would rather do other things. Financing a gambler has a greater risk for both of them, especially if they are friends, because it will affect their relationship.

[carlisle1]

How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?

Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?

Have you heard of such before? What is the end result if you have?

Why would you trust anyone to gamble better than you can when it's all about luck?

Is anyone doing this on here?

Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?

OP, I don't think that's ideal to finance anyone or group of person in gambling, gambling is a risk stuff, as a reasonable person, if people work up to you for business collaboration, first of all you will have to study the profit nature of such business, and also the risk involved, you can't just release money just like that unless you decided to dash them the money, op, I will speak for myself, your judgment is right, this guy that explained this incident to you is a victim, but in the aspect of some gambling better than you, I strongly have the feeling that gambling is a luck game but individuals can master some games and become successful in those game that's all I know.

Like I don't even see any reason why a gambler or gamblers should be financed because gambling is basically a business that has a 50/50 chance of winning and losing, like the percentage are both at equilibrium so anyone who wishes to make profits will understand that financing a gambler is a very big risk of losing your money, though sometimes there are individuals or group of gamblers that makes real predictions, but it's not all the time they make reliable predictions.

And that sometimes is not going to work if you will finance a gambler, but in this kind of argument, it's the condition in between the
person who are proposing this and the person who will going to finance it.

We can't conclude whether it's a complete no, as even most of us agree that this kind of investment or loan is really risky.

We don't know the closeness of both parties and how the gambler will sell his skills or if he can provide a collateral, though that's another thing.

[slapper]

I find it troubling that a corporation thrives on gamblers' desperation. Exploitation of weakness permeates the idea. Due to social and legal scrutiny, such firms may be hidden, but their existence raises moral concerns. I suppose this relates to society's view of gambling and financial reponsibility. It's intriguing and frightening how banks may encourage gambling. Despite appearing lawful, they can be just as harmful. Not simply legality, but ethics and personal responsibility.

The necessity for gamblers to self-reflect is essential for survival. Debt for gambling is a clear indicator of addiction. Awareness and healthy gambling are crucial here. Self-awareness, responsible gambling, and financial and mental wellness must be promoted.

There is probably no other moment in history in which people are more aware about the potential dangers that gambling and many other activities entail, and despite all of that effort by governments all around the world, people fall victims of an addiction even when they know very well what is going on, so I doubt there is much else which can be done to protect those people.

And this realization is what could make some politicians to implement harsher policies against casinos on the future, even if it is clear casinos do not like the idea of people becoming addicted to their games either, due to those gamblers affecting their image as well and making other people more reticent to become gamblers as they fear becoming addicted too.

To address your concern, we must recognize the various causes of gambling addiction. Despite understanding, addiction persists. Governments balance regulation and personal freedom, but can we also promote responsible enjoyment? Not only limiting access, but encouraging individuals to view gambling as enjoyment rather than a dependency.

From the casino's standpoint, they're in trouble, right? They dread the stigma of promoting addiction. Would casinos actively promote responsible gaming solve the problem? This strategy could boost their brand and attract a clientele that likes enjoyable, mindful entertainment. Redefining gambling from a vice to a self-aware, controlled leisure activity.