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Author Topic: Ever heard about financing a gambler?  (Read 3200 times)
maydna
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November 07, 2023, 02:29:20 PM
 #221

~snip~
Well that makes sense, of course I also agree with your assumptions and statements, honestly I never thought of financing anyone to gamble, how could they be so sure of the results while on the other hand there is no guarantee and certainty whatsoever for gamblers to be able to win. In my opinion, things like this must really be considered and considered, don't let you be instigated by the temptations - the absurd temptations of gamblers, they are addicted and all they think about is gambling, so it is very likely that they will do anything to make you believe. Gambling is really only about luck or how lucky you are in that session, although yes I also know there are some skill-based gambling such as sports that can increase your chances of winning if you have good skills and knowledge of the world of sports, but still in my opinion financing gamblers is recommended because in terms of risk it is not balanced with certainty for the results.

Not least because the problem is what if the person loses? I'm sure you wouldn't accept the fact that all your money is gone. On the other hand, even if you are generous and don't mind lending money to others I think before you decide to give a loan you should first make sure whether he can pay or not.
They are confident about the results because they feel they can win from previous experiences, but that doesn't guarantee they can win again easily. Their previous victory will not be able to be repeated because the circumstances are different, and it will even be different for a few minutes after they finish playing. They also cannot hope to get lucky when they are gambling because that is something that cannot be predicted even by a professional gambler. So if someone wants to ask for help to finance their gambling, we should refuse because we also need money so that we prioritize our daily needs rather than helping to finance their gambling. After all, if they are our friends, they will understand if we say that the money will be used for daily needs, and they will not force their will.

If the money he borrowed was only $10, I wouldn't mind it and would accept reality. But the problem is, who wants to use $10 to win from gambling Grin

Well, maybe there is, but clearly if they ask us to finance their gambling, it could mean more than $50.

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November 07, 2023, 04:25:29 PM
 #222

It just doesn't make sense to finance a gambler because gambling is fraught with the risk of losing money and financing someone with this kind of risk is very stupid. Because gambling is different from investing, where in investing you know the type of business you are financing and how it will move and its future potential, whereas in gambling there is absolutely nothing, you only rely on the luck/skill of the players in the game and that is very risky.

That's right, if you're going to allocate a lot of money, just use it in the right way. It's hard to gamble with a gambler, because there is no certainty if he will win, you will only rely on the luck and skill of a gambler and that is not a good sign even if he is your friend. It is too dangerous to gamble in this situation.

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November 07, 2023, 04:38:17 PM
 #223

It just doesn't make sense to finance a gambler because gambling is fraught with the risk of losing money and financing someone with this kind of risk is very stupid. Because gambling is different from investing, where in investing you know the type of business you are financing and how it will move and its future potential, whereas in gambling there is absolutely nothing, you only rely on the luck/skill of the players in the game and that is very risky.

That's right, if you're going to allocate a lot of money, just use it in the right way. It's hard to gamble with a gambler, because there is no certainty if he will win, you will only rely on the luck and skill of a gambler and that is not a good sign even if he is your friend. It is too dangerous to gamble in this situation.
If there is any amount of extra money then it would be better to use it to invest rather than having to finance someone to gamble because gambling is actually an activity that is full of risk.
And some people who ask for funding usually use the word borrow or give in addition to returning more money if they win, but what you said is true if they gamble there is no certainty that they will win, at the last point we ourselves will experience losses because they lost the money and who knows when they will return it.

Sometimes seeing friend asking for help can cause feelings of pity, but they actually use that pity to pursue their desire to gamble.
Indeed, the best thing when it comes to finances is to manage them as well as possible without needing to give it to anyone, especially for gambling and if we really want to gamble we can do it ourselves without needing to fund other people.

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November 07, 2023, 05:24:11 PM
 #224

It just doesn't make sense to finance a gambler because gambling is fraught with the risk of losing money and financing someone with this kind of risk is very stupid. Because gambling is different from investing, where in investing you know the type of business you are financing and how it will move and its future potential, whereas in gambling there is absolutely nothing, you only rely on the luck/skill of the players in the game and that is very risky.
That's right, if you're going to allocate a lot of money, just use it in the right way. It's hard to gamble with a gambler, because there is no certainty if he will win, you will only rely on the luck and skill of a gambler and that is not a good sign even if he is your friend. It is too dangerous to gamble in this situation.
If it's a friend or someone very close asking for funding their gambling activities and sharing the profits, simply ask them to borrow money from you, whatever you can give, and ask them to return it after a specific period and you don't need any share in the profit that they might make from gambling. Don't take any interest or anything but just ask them to return what they are taking from you and they don't have to do anything else other than that.

Believe me, they will not take the money because they know they won't be able to return it since they will lose it all in gambling. People are wise, they just want to make you a partner for the profits that too taking money from you for the whole thing and don't want to lose anything themselves because in this case, the money that is lost isn't their responsibility.

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November 08, 2023, 03:37:41 PM
 #225

~snip~
Well that makes sense, of course I also agree with your assumptions and statements, honestly I never thought of financing anyone to gamble, how could they be so sure of the results while on the other hand there is no guarantee and certainty whatsoever for gamblers to be able to win. In my opinion, things like this must really be considered and considered, don't let you be instigated by the temptations - the absurd temptations of gamblers, they are addicted and all they think about is gambling, so it is very likely that they will do anything to make you believe. Gambling is really only about luck or how lucky you are in that session, although yes I also know there are some skill-based gambling such as sports that can increase your chances of winning if you have good skills and knowledge of the world of sports, but still in my opinion financing gamblers is recommended because in terms of risk it is not balanced with certainty for the results.

Not least because the problem is what if the person loses? I'm sure you wouldn't accept the fact that all your money is gone. On the other hand, even if you are generous and don't mind lending money to others I think before you decide to give a loan you should first make sure whether he can pay or not.
They are confident about the results because they feel they can win from previous experiences, but that doesn't guarantee they can win again easily. Their previous victory will not be able to be repeated because the circumstances are different, and it will even be different for a few minutes after they finish playing. They also cannot hope to get lucky when they are gambling because that is something that cannot be predicted even by a professional gambler. So if someone wants to ask for help to finance their gambling, we should refuse because we also need money so that we prioritize our daily needs rather than helping to finance their gambling. After all, if they are our friends, they will understand if we say that the money will be used for daily needs, and they will not force their will.

If the money he borrowed was only $10, I wouldn't mind it and would accept reality. But the problem is, who wants to use $10 to win from gambling Grin

Well, maybe there is, but clearly if they ask us to finance their gambling, it could mean more than $50.

Yes that is true and I also understand the cycle of winning and losing in gambling, but what makes you or them really believe that the victory will definitely happen again? can you see the future? show me a reasonable reason for this problem. And yes the final result in gambling is really very dependent on luck if you play in gambling that is purely based on luck alone and as you said the situation now and the previous time will definitely be different, maybe before yes they won because they were lucky but at a different time I'm not too sure it can be repeated unless you try as much as possible by spending a lot of money then I believe that way you can get at least one win, but after that try to calculate, does the amount of victory once match the amount of loss that you have sacrificed several times or even dozens of times? Honestly it is very difficult to recover or recover or lose in gambling.

Honestly it is very difficult to recover or even just to return the initial capital that has been lost, so with that I think my statement is quite reasonable and financing gamblers is not recommended because of the above. And also yes that's good, it's better to put that money towards your other life interests rather than funding gamblers whose end results are completely unpredictable, that's all buddy.

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November 09, 2023, 08:03:21 PM
 #226

If the money he borrowed was only $10, I wouldn't mind it and would accept reality. But the problem is, who wants to use $10 to win from gambling Grin

Well, maybe there is, but clearly if they ask us to finance their gambling, it could mean more than $50.
Of course there is and I remember a friend of mine told another friend but he was just joking saying give me $16 to bet on a poker game and I'll double that money more than $16.
At first it was just a joke but it turned out that another friend really funded his gambling with the amount he said but it was even more surprising the next day when we got together again very strangely my friend who funded $ 16 bought a lot of food and a few beers then I asked if you were new just won some money from gambling and he said yes yesterday funded his gambling with $16 and won $78 at local gambling.
Then I was surprised because at first I thought he was just joking but it turned out that luck was on his side.

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November 09, 2023, 08:13:26 PM
 #227

If the money he borrowed was only $10, I wouldn't mind it and would accept reality. But the problem is, who wants to use $10 to win from gambling Grin

Well, maybe there is, but clearly if they ask us to finance their gambling, it could mean more than $50.
Of course there is and I remember a friend of mine told another friend but he was just joking saying give me $16 to bet on a poker game and I'll double that money more than $16.
At first it was just a joke but it turned out that another friend really funded his gambling with the amount he said but it was even more surprising the next day when we got together again very strangely my friend who funded $ 16 bought a lot of food and a few beers then I asked if you were new just won some money from gambling and he said yes yesterday funded his gambling with $16 and won $78 at local gambling.
Then I was surprised because at first I thought he was just joking but it turned out that luck was on his side.

it won't be hard if you are talking about small funds. but if the amount is already thousands of dollars, before you fund any gambler, you should know their history, your chances and the reputation of the person, whether he will respect your arrangement or not. to be honest, hard to trust gamblers when it comes to money.  poker game is different though. when you say a gambler knows this game so much, there's high probability that he can really win.

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November 09, 2023, 08:23:32 PM
 #228

If the money he borrowed was only $10, I wouldn't mind it and would accept reality. But the problem is, who wants to use $10 to win from gambling Grin

Well, maybe there is, but clearly if they ask us to finance their gambling, it could mean more than $50.
Of course there is and I remember a friend of mine told another friend but he was just joking saying give me $16 to bet on a poker game and I'll double that money more than $16.
At first it was just a joke but it turned out that another friend really funded his gambling with the amount he said but it was even more surprising the next day when we got together again very strangely my friend who funded $ 16 bought a lot of food and a few beers then I asked if you were new just won some money from gambling and he said yes yesterday funded his gambling with $16 and won $78 at local gambling.
Then I was surprised because at first I thought he was just joking but it turned out that luck was on his side.

it won't be hard if you are talking about small funds. but if the amount is already thousands of dollars, before you fund any gambler, you should know their history, your chances and the reputation of the person, whether he will respect your arrangement or not. to be honest, hard to trust gamblers when it comes to money.  poker game is different though. when you say a gambler knows this game so much, there's high probability that he can really win.
If this one would really be happen personally or physically then it wont really be an issue but if you are tending to fund someone online then risks is really that high. You wont really be that having
an assurance that certain gambler or person wont really be running all the money that you have passed on, i dont know if there are really actually those people who are funding
out some gamblers just because they do have that good winning rate or just simply they do tend to do such money laundering thing? I cant really just think off about that probability
but getting some offers on having that someone would be funding you, would really be giving out that kind of doubt and anxiety whether you should really be taking it or not
knowing about those possibilities then it would be impossible that you wont really be able to think about it.

It would be your choice if there's someone who do offers about it but this wont really be that a common situation but rather been offered into those
gamblers who have might those good history or winning chance.

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November 09, 2023, 08:44:49 PM
 #229

if they are a good gambler/bettor, why not? I've seen people give out loans to addicts and crackheads, what difference does it make if you support a friend with an idea for how to make money yeah? LOL. but in all seriousness, I don't think it's a good idea, nor is it something that I would subscribe to. First off, they would've already not needed my help if they are doing alright for themselves from the gambling venture that they are talking about. Secondly, you don't gamble money that you don't own, that's a recipe for disaster and the easiest way for you to get yourself in trouble. Third, I just don't trust people with my money. I'd rather just gamble/bet by myself, than blow it off on someone who's probably just talking out of his ass so he can get his gambling addiction fix.

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November 09, 2023, 08:57:50 PM
 #230

it won't be hard if you are talking about small funds. but if the amount is already thousands of dollars, before you fund any gambler, you should know their history, your chances and the reputation of the person, whether he will respect your arrangement or not. to be honest, hard to trust gamblers when it comes to money. 
Someone who's known to be a financier will have his standards on who he is going to finance. For sure that he's going to know the background of that gambler and if he's got what it takes to be financed. But you're right, that trust is the issue on this one. If you're a good gambler and you've got money to gamble with, much better stop with these financing and just go with your actual gambling need and do the bets on your own.

And you'll never know if the gambler himself will just take a call and say that he's lost everything. Wherein fact, that he's just collected the money and gamble a bit and left the casino without any trace. That's the hard part and there are still scammers around with this kind of deal.

poker game is different though. when you say a gambler knows this game so much, there's high probability that he can really win.
There are a lot of professional poker players but they're not going to let them be financed by anyone if they know that they have the big chance to win every table. That's how pro they are when they've got that feeling and thought that it's an easy thing for them to win through having good cards and good in bluffing too.

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November 12, 2023, 02:12:52 AM
 #231

it won't be hard if you are talking about small funds. but if the amount is already thousands of dollars, before you fund any gambler, you should know their history, your chances and the reputation of the person, whether he will respect your arrangement or not. to be honest, hard to trust gamblers when it comes to money.  poker game is different though. when you say a gambler knows this game so much, there's high probability that he can really win.
Even if the person in question had a high level of skill when it comes to poker they can still lose, as when you gamble anything can happen.

So everything could be going on perfectly for them but they could still lose it all in a single hand just because their opponent got lucky, and suddenly the money you lent disappears without any possibility to get it back, so it is because of this that lending such amount of money is a bad idea, even to those that in theory could multiply that money.

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November 12, 2023, 02:37:43 AM
 #232

It is not uncommon for a friend or a friend of a friend or someone you know to arrange a gambling fund to get you into gambling in the first place so that you focus on gambling. As a kid I saw my friends doing this, some of the friends we used to hang out with when I was a kid used to smoke cigarettes and they would buy cigarettes with their own money and offer them to other friends to increase their mates. When the other friend learned to smoke cigarettes completely, the rest of my friends would not buy cigarettes from the new smoking friend but would smoke from him again. What you mentioned is very similar to the incident of my childhood friends, that's why I mentioned it. 

Your friends may do this to you for two reasons, firstly because your friends might want you to be a bit financially sound and secondly because your friends might want to be you which is why they want to make a gambling addict out of you. If you become addicted to gambling, it is certain that your career will go down at some point.

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November 12, 2023, 02:49:00 AM
 #233

There are definitely some professional gamblers that are good enough that have financial backers, though I’m not real sure how many are out there and how it all works legality wise. But I know if I had the extra money to help finance a professional gambler with a proven track record I certainly would. This is after all how some people make very good livings.

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November 12, 2023, 03:20:55 AM
 #234

There are definitely some professional gamblers that are good enough that have financial backers, though I’m not real sure how many are out there and how it all works legality wise. But I know if I had the extra money to help finance a professional gambler with a proven track record I certainly would. This is after all how some people make very good livings.
I think financing a gambler is fine but it needs an accurate tracking record to know if a gambler has a potential of majority winning and losing so that you will have a basis on how much yoi are able to fund a gambler, Im not deep when it comes to this thing but I think it needs a legal agreement and both sides will agree on the terms and conditions of a funder.



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November 14, 2023, 05:05:04 PM
 #235

~snip~
Yes that is true and I also understand the cycle of winning and losing in gambling, but what makes you or them really believe that the victory will definitely happen again? can you see the future? show me a reasonable reason for this problem. And yes the final result in gambling is really very dependent on luck if you play in gambling that is purely based on luck alone and as you said the situation now and the previous time will definitely be different, maybe before yes they won because they were lucky but at a different time I'm not too sure it can be repeated unless you try as much as possible by spending a lot of money then I believe that way you can get at least one win, but after that try to calculate, does the amount of victory once match the amount of loss that you have sacrificed several times or even dozens of times? Honestly it is very difficult to recover or recover or lose in gambling.

Honestly it is very difficult to recover or even just to return the initial capital that has been lost, so with that I think my statement is quite reasonable and financing gamblers is not recommended because of the above. And also yes that's good, it's better to put that money towards your other life interests rather than funding gamblers whose end results are completely unpredictable, that's all buddy.
They only believe that they can win again in the future, while I try not to think about winning again because just getting a win today is very difficult, let alone winning again in the future. I will try to gamble as I can and try to enjoy it even if, in the end, I lose, but that's okay for me. Maybe they can win another day, especially if they just want to have fun because luck can come to people who don't think about winning and just want to enjoy their free time gambling. If you calculate the number of wins and losses that you have received, especially for the deposit amount, there is a possibility that the deposit and withdrawal amount will be more than the deposit than the withdrawal.

I also admit that it is very difficult to recover the initial capital that has been lost, and I have tried many times in the past and could not succeed. So let's deposit the money we can afford to play enough gambling and save the remaining money to gamble another day. But it would be better if we used the money to meet our daily needs. It's also okay if we don't gamble because many other activities can provide pleasure.

~snip~
Of course there is and I remember a friend of mine told another friend but he was just joking saying give me $16 to bet on a poker game and I'll double that money more than $16.
At first it was just a joke but it turned out that another friend really funded his gambling with the amount he said but it was even more surprising the next day when we got together again very strangely my friend who funded $ 16 bought a lot of food and a few beers then I asked if you were new just won some money from gambling and he said yes yesterday funded his gambling with $16 and won $78 at local gambling.
Then I was surprised because at first I thought he was just joking but it turned out that luck was on his side.
Oh, that means he got his big winnings from the poker game. Maybe he hides his real poker playing abilities because he doesn't want to be considered an expert at the game of poker. But he was really lucky with his big win and was able to buy food and drinks for his friends. It is very difficult to find friends like him who can win a lot of money and are willing to buy his friends food and drinks to celebrate his victory. I have never had an experience like yours, but I hope you are not tempted to fund his gambling just because he can win big at that time.

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November 15, 2023, 08:38:42 AM
 #236

There are definitely some professional gamblers that are good enough that have financial backers, though I’m not real sure how many are out there and how it all works legality wise. But I know if I had the extra money to help finance a professional gambler with a proven track record I certainly would. This is after all how some people make very good livings.
I think financing a gambler is fine but it needs an accurate tracking record to know if a gambler has a potential of majority winning and losing so that you will have a basis on how much yoi are able to fund a gambler, Im not deep when it comes to this thing but I think it needs a legal agreement and both sides will agree on the terms and conditions of a funder.

I see your point and yes if the gambler is really good but make sure that you are willing to risk your money, even how good the gambler was
the venue is gambling and there's no assurance that he can always win.

Maybe is some sessions he can win but if emotion beat him up expect that he will lose his temper and eventually lose all the money he got, it's more practical to use your money in other investment or play the money on your own.

Win or lose it will be your decision and nothing will be blame if things went wrong.
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November 15, 2023, 09:02:48 AM
 #237

I think financing a gambler is fine but it needs an accurate tracking record to know if a gambler has a potential of majority winning and losing so that you will have a basis on how much yoi are able to fund a gambler, Im not deep when it comes to this thing but I think it needs a legal agreement and both sides will agree on the terms and conditions of a funder.

I see your point and yes if the gambler is really good but make sure that you are willing to risk your money, even how good the gambler was
the venue is gambling and there's no assurance that he can always win.

Maybe is some sessions he can win but if emotion beat him up expect that he will lose his temper and eventually lose all the money he got, it's more practical to use your money in other investment or play the money on your own.

Win or lose it will be your decision and nothing will be blame if things went wrong.
The outcome of gambling is unpredictable but there are indeed people that have track records of more wins than losses. But be sure that you can take these risks and bet only what you can afford to lose. While growing up I have seen people finance gamblers to win games. This is common in physical football games and table tennis. This happens when you believe that the gambler can win the bet. As a witness of such experience, I have seen many people win bets and also lose. This is because there is no assurance that somebody will win the game.

My example will be the last World Cup in Qatar. Even if you have someone who has a track record in betting, I think many of them would have failed to bet that Saudi Arabia will win Argentina. Considering the record of Tyson Fury many great boxing stakers wouldn't have predicted that Francis Ngannou would give the world champion a great fight.

I don't know the kind of legal document that will be signed between both parties. Would it be that the gambler will pay back the money the financier invested if the game is lost? I am sure the gambler will never want to lose bets it's just that gambling is unpredictable. I don't think there are any legal grounds for an agreement except in the case of the sharing formula for wins.

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November 15, 2023, 09:37:24 AM
 #238

I see your point and yes if the gambler is really good but make sure that you are willing to risk your money, even how good the gambler was
the venue is gambling and there's no assurance that he can always win.
Indeed. Luck has a major role for a gambler to win therefore even he's good in the particular game, winning is still not guaranteed. Thus, the decision depends if you're still willing to lend money and take a risk despite of this fact.

Maybe is some sessions he can win but if emotion beat him up expect that he will lose his temper and eventually lose all the money he got, it's more practical to use your money in other investment or play the money on your own.
That's really possible to happen. Financing a gambler is not an investment. I will do this (small amount only) if I really know the person and would not expect anything in return. If he win then better, but if not then he don't need to bother paying me back or thinking he owe me something.

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November 15, 2023, 10:21:00 AM
 #239

There are definitely some professional gamblers that are good enough that have financial backers, though I’m not real sure how many are out there and how it all works legality wise. But I know if I had the extra money to help finance a professional gambler with a proven track record I certainly would. This is after all how some people make very good livings.

If we look at the design of gambling games, we realize that they were made so that people's chances of winning are very low, see that gambling games are proven to be fair, but even so, in the long run, people don't leave. with a profit, on the contrary, in the long term, people end up with losses. By this I mean that even if a person claims to be a professional gambler, that same person has more losses than profits and they know that gambling is not something to make a profit, which is why they keep creating Telegram channels and They charge for admission to sports betting courses or gaming tips, they also sell books on sports betting

other guys choose to create YouTube and Twitch channels and make money from these channels, make money from referrals and make money from sponsoring casinos. In my opinion, when a person starts to lend money to another person who will take that money and put it into gambling, then the person who lent him money is not a good person, and is a person who is making money at the expense of misfortunes. from other people, something very bad, something disgusting. I hope you keep giving loans to people who don't want to take the money to play

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November 15, 2023, 10:29:45 AM
 #240

~~~


I think it's a bad investment. Forex has always been and will always be a deception where 95 or even 100 percent of organizations do not even release your money to the foreign market, leaving them at home and expecting that the price will go against your position. Gambling is essentially a risk and I would probably lend money only to a friend who is a professional in mathematics and he is going to play poker. Or black jack. I wouldn't trust the other types of gambling: even batting. Yes, and why borrow money from someone if you can invest it in your trading.

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