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Author Topic: Quit gambling and Invest in gambling.  (Read 1363 times)
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November 14, 2023, 04:25:40 PM
 #21

It's your choice where to put your money, but I think lending money to gamblers is quite stupid considering that gambling carries the risk of someone losing their money and no one can predict someone's luck. Instead of avoiding it, you are actually putting your money in the hands of gamblers and hoping they will pay, which is quite difficult considering that most gamblers will act aggressively when they are not happy about being collected on their debts and it seems like this kind of business is not worth it.
I will consider the same that it is a stupid act to borrow money from gamblers hoping to win and pay back with high interest, remember there is always a risk compared to other businesses we realize that gamblers are just lucky while the OP lends to gamblers who are losers out of money yes this is clear what we all think that it will all be at risk.

Even many gamblers have resorted to violence because of the noise caused by being charged continuously while he does not have the money to repay the loan, I think almost many disagree that loans to gamblers.

R


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November 14, 2023, 04:29:23 PM
 #22

I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions
I hope you realize how dangerous this can be. personally lending money to gamblers, possibly an addicted one can either cause you to lose money or put you in a pretty messy situation. if I were you I'd invest it on something else.

at first, I thought you were talking about investing in the actual casino, I remember this happening a lot several years ago in online casinos, not sure if they still accept investments from people.

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November 14, 2023, 04:32:18 PM
 #23

Other note is also gambling because lending money to those people who ran out of money during their gambling period is not safe and how smart do you think to make a concrete agreement with them before giving out your funds. Have you also forgotten that giving or lending money to gamble is not a good business? Again how do they manage to pay you after gambling with your funds and it happens they didn't win anything during the cost of placing bet. Do you also know that any gambler who doesn't have additional ways of income can never pay you your loan indirectly you are gambling if you don't know because gambling is a game of probability.

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November 14, 2023, 04:35:58 PM
Last edit: November 14, 2023, 04:46:51 PM by Die_empty
 #24

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.
I don't know how you intend to an instant loan with collateral. Maybe phones, clothing and other accessories will serve as the backup for the loans. This will be a very complicated business to run because you might experience some problems because many gambling addicts are not good with credit and loans.  

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I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions
You have to do more research on this business to avoid losses. Also don't you think that this is a means of increasing gambling addiction? Gamblers are expected to go home after losing, offering these a loan service will only lead to chasing losses and gambling addiction. Any service that would encourage gambling disorder should be discouraged.  

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November 14, 2023, 04:37:06 PM
 #25

I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions

So you are basically going to become a liquidity provider or a lender, that is nothing new to be honest. You need to be aware that becoming a lender is actually not that easy, it does not only require to have an initial investment to be able to lean to gamblers.
When you mentioned that you entended to invest in gambling I thought you were going to start your own casino or try to provide some money to a casino in order to increase your initial investment.
In my opinion, it would be wiser not to limit yourself to lean money to gamblers but other kind of clients, why?. Because there can be very volatile and shady gamblers who may try to scam you using fake colateral, they will try to give you fake gold or even stolen goods as colateral and that would likely make you run in trouble. That is something a very desperate gambling addicted person would do. Are you willing to deal with such a hassle?

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November 14, 2023, 04:41:43 PM
 #26

At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions
The P2P lenders on this forum and reddit and many other sites have been lending out shark loans to many traders, gamblers and others in need of money. Most of the loans are non-collateral and the lenders run a big risk of default.

Of course you cant expect the losers of a gambling game to be able to hand over a collateral immediately, can you? Just think of it from the gamblers side - you came in with a grand and now have zero and wish to play again so you take a loan but how are you going to cough up a collateral now?

I can suggest you a few things if you want to make money from casinos. The only people who do so are the owner, investors and affiliate marketers of a casino not the players.

Hence try to become one of these. Each of these are a different topic for discussion.

R


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November 14, 2023, 04:44:39 PM
 #27

A gambler who has lost  all his money on bet and is willing to collect a loan to continue betting is not someone to loan your money to, it goes to show that the gambler is in the highest level of addiction. Where do you expect a loser to get the money to repay you back, what if the collateral that he'll give to you is a loan from another lender? I think that a degenerate addictive gambler, can not repay a loan, because even if he wins, he'll go back to gambling again, where he'll still lose the winnings and what ever money that he can get hold of.

I believe that it's gangsters that do that kind of lending business to addicts, because if the addict can not pay back, he'll end up working for the gangster. Responsible gamblers will never take a loan to gamble, let alone take a loan to continue gambling after losing in gambling.

I advice OP to look for a honorable business in the future, instead of lending to irresponsible gamblers.

R


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November 14, 2023, 04:45:59 PM
 #28

I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions
What I understand is that as long as what you are about to do has something to do with gambling, that means you are still a gambler. Besides, that is a very risky investment plan. It is better you gamble by yourself than borrow money to a gambler, with an interest. Yes. I call it borrowing because the gambler doesn't have money to pay you back at that point, and you still are not even sure if the gambler will win by gambling with the borrowed money.
You can not achieve anything if you put in mind to do such business and spare me that crab when you say you will not gamble again, you will,,, as long as you are with gamblers and you have been a gambler. If you are also mixing yourself with gamblers, then you are still a gambler that will gamble more.
It is better to stop the business that you are about to do because it will result in trouble and you know what that means.

R


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November 14, 2023, 05:04:27 PM
 #29

I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions

It's nice to see you trying to help others mate, but the idea you just laid down is even more risky that gambling it's self. Giving out money to gamblers whom you think that they need some funds to gamble, and how are you sure they will be able to pay you back your money. And from what you said, losers who you think they can no longer fund Thier gambling budgets. Mate, I would advice you to do something else with your money.

R


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November 14, 2023, 05:33:46 PM
 #30

I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions

It's nice to see you trying to help others mate, but the idea you just laid down is even more risky that gambling it's self. Giving out money to gamblers whom you think that they need some funds to gamble, and how are you sure they will be able to pay you back your money. And from what you said, losers who you think they can no longer fund Thier gambling budgets. Mate, I would advice you to do something else with your money.

he will be holding the collaterals of these gamblers. like the loansharks, he will choose which collateral is acceptable for him to make sure he is not taking a huge risk.  this business idea is not new, there are bigger loan sharks that he may piss for starting this business. while this is profitable, he will find himself swindled by gamblers who are desperate and will not be able to pay him.

it's the kind of business that requires him to be a tough boss. it pays but it will also keep his one eye open even when he is asleep.









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November 14, 2023, 05:48:44 PM
 #31

I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions

Really funny post  Grin if you ask me, I believe as a gamble you understand that there is no assurance to this habit guaranteeing anyone profits so I don't think lending money to gamblers who don't have enough is really a good idea although there is one possible way to do this which is by collecting collateral for the aid, but the question is what type of collateral that is going to cut for this type of thing you want to do because I know no gambler that is owning Bitcoin is going to take loan without finding a way to deposit his own asset.

R


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November 14, 2023, 06:04:08 PM
 #32


How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be oopento also accepting collaterals.
Op,  I don't really buy this idea as another way to invest or leverage in the gambling industry. Lending to looser could result in you having problems with these participants except if you have a way of getting collateral from them before giving out the money, else the end may not be funny and some of them might end up running away when they bet and still lose that money and are not able to pay back because there is a high percentage chance that they will still lose the loaned funds. I suggest you find other ways of earning money in this industry, such as owning a betting shop or a view center etc.

R


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November 14, 2023, 06:19:40 PM
 #33

Won’t be recommended unless there would be a contract or collateral for the amount a losing gambler would borrow. If it won’t be done with signatures then they could easily run off of it even if they have acknowledged the borrowed amount. Also with the sition, a frustrated gambler could borrow money even if he lost that much, hoping for a comeback. So if you happened to let a broke gambler with your money then that amount will be stuck for a meanwhile until the gambler has the money to pay it off. Some people would be taking it light not unless there is something they would lose from not paying, or such sanctions which could slow the payment done which could also be problematic to someone who have lost almost everything.

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November 14, 2023, 06:21:33 PM
 #34


How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.
The risk you are taking here is more than the risk you would take if you were gambling on your own. It is so crazy to lend money to a gambler and think that you would recover all of your money back when they lose. It is an unwise, unsafe and a very risky decision. Are you willing to bear the consequences of this if the gambler loses and refuses to pay you your money? Think about it.

You need a proper gambling company business plan if that is what you want to do. Write it out clearly or get someone who will write it down for you and explain your ideas clearly them. When it is done ,  go out there be bold and look for people who would invest in your gambling company for some part of the equity. You'd see someone who would be willing to make you an offer.

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November 14, 2023, 06:28:27 PM
 #35

OP, before planning on taking such action, perhaps you should give it a second thought. By now you should know that most gamblers have the bad character of not able to pay debt. When you grant them some loan and if eventually, they win after using the money to gamble since they don't have any self-control and discipline they would still try to see if they can double the profit before paying you back. Some may get lucky and win and some may lose, those who lose might run or not even think of finding a means to pay you back.

Talking about collateral if they have an asset that is worth the amount they want to borrow, i don't think they would borrow instead they will sell it and hold on to the cash for gambling. I have seen a lot of chronic gamblers do this. They prefer selling their properties instead of taking a loan. They are aware that they may lose or win so it's not a problem to them, their mind has already concluded that anything that would happen should happen.

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November 14, 2023, 06:34:20 PM
 #36

Honestly though, lending money to gamblers seems pretty risky to me.  They're probably the ones most likely to skip out on paying you back since they're so focused on chasing that next big win.  So if you do decide to loan them money make sure you get some really solid collateral from them.  Don't let yourself get taken advantage of just cause you wanted to keep the game going.  Protect yourself and your money.

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November 14, 2023, 06:35:13 PM
 #37



How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.
By your action you are directly or indirectly aiding their gambling habit despite losing their bets yet lending them money with interest by your action some of them would be bankrupt after paying back their debt with interest after all the funds borrowed ended up as loser, of course you would have confiscated their collaterals for those who were unable to pay back absolutely this idea isn't the best, there are alternative means of earning from gambling without placing a bet or getting involved directly, instead you can create a blog and monetize it by posting match analysis on a regular basis especially if you are good a soccer/football, basketball pundits by hosting it on the web you can generate a lot of traffic consequently earning legitimatel income.

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November 14, 2023, 06:36:30 PM
 #38

OP, this is not a good business for decent people because for you to be with gamblers most times lending money means that you are ready to face the consequences that is attached to it because it is a very risky business. You should also remember that you are encouraging these gamblers bet when they don't have the money which is bad and against healthy gambling.

I will advice you to think of a better business that will be decent and profitable rather than this because one needs peace of mind in whatever he is doing. I have seen someone that does this, he ended up been a gambler because he earn his living from gamblers urge of chasing their losses. You will not use the money to do something good for yourself because it is like a cursed money.

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November 14, 2023, 06:47:22 PM
 #39

I am a discipline and a responsible gambler but tend to quit gambling somedays.
I think I am going to be missing the whole fun of it but if I would find it difficult keeping total off it, I have thought of going around the gambling grounds (gambling tables) with a logical lucrative planning to taking advantage over the gambling tables though am not gonna be a partaker in the gambling anymore.

How do I take advantages over the gambles while I am not gambling anymore?
I tend to invest in the gambling. How?
At my visits in the gambling grounds, I will be lending my funds to the losers who has run out of  funds and willing to bet more if they have more money.
I tends to make this a deal with interest charges with concrete agreement to be secured and I will be opened to also accepting collaterals.

I verily know that I will succeed more of the inexperienced and those gamblers who doesn't have gambling budgets including those who can't take control over their gambling emotions
You are taking advantage on someones misfortune. Yes,  this might really be that effective and something that would really be that profitable but i dont think that this would really be something that too ethical on doing
so on which you are really that taking advantage on others while they are really that a loss. Just like been said that conscience would really be that your main enemy on this one but if you are someone whose
really that have a heart like a stone and doesnt really get that kind of emotional reactions in towards others situation then this one would might do work for you or something that could make profits.
One of the risks on lending those losers is that you cant really be sure that you would really be able to get or being repaid.

Making out in depth research about their life possessions or whatever things they do have is really just that too much specially if they do approach you on taking up some loan.
Most of those addicts or losers wont really be caring about their information as long they could be able to get that amount to play even further.
Yes, this could really be that one of the risks but not all might be able to pay up on time considering about their condition or situation.
Juse14
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November 14, 2023, 07:00:14 PM
 #40

too risky bro. Even though there are guarantees and agreements, this cannot really guarantee that your money will be returned in full and with interest.

A loser in gambling, they are truly untrustworthy people. Because how is it possible that he will be responsible for the loan you give, while he himself cannot be responsible for the gambling he does. And it is likely that he will pay his loan, only when he gets a big win from the gambling he did and that is if he remembers and is responsible. And if he loses, there is little chance that your money will be returned.

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