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Author Topic: Quit gambling and Invest in gambling.  (Read 1345 times)
Mauser
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November 20, 2023, 08:33:00 AM
 #161

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

I don't think this is the best investment you can make with your money. Why would you lend your money someone that has no more money and still wants to gamble? First of all, if they lost all their money through gambling then their strategies and risk management is not really the best and the chances are high that they are just going to lose all your money as well. Making a contract and requiring interest is a good thing, this gives you at least some form of protection. However, a contract alone is no guarantee that you actually will get your money back. Let’s look at the worst-case scenario where the gambler loses all your money and still needs to pay you back. What happens if he doesn’t have a job, or only a job that doesn’t pay a lot of money? Even if you go to the courts and ask for your money back, it could take years for you to recover your principal. In my opinion a better approach, if you want to invest in gambling, would be to look for a casino that is looking for a new partner and you could invest your money there. There will always be people trying to sell their shares in casino and if you have enough money, you could buy their shares.
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November 20, 2023, 08:39:47 AM
 #162

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

I for most of the times would never borrow money from a stranger,even if you promise that it will a notary contract and will abide by all the laws of the country if you will do it locally in your city and I think most gamblers would not go this route,they don't like notary contracts.You will also be faced with a lot of possible "scamming" gamblers,the ones who will get the money and you will never see them back,they will most likely sign the contract with false documents as addicted gamblers can do this and much more worse.

If you go online the scam zone would be even bigger so for your own benefit and to spare some stress to yourself you better don't do it.

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EarnOnVictor
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November 20, 2023, 09:30:18 AM
 #163

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 seem like it is too risky if you lend a certain amount of your money to a gamblers to continue his activities and encourage him to bet large amount.
Are you sure they will refund your money if you lose?? Even though you have gone through an agreement and used collateral because you only put money at high interest rates without thinking about the risks you face, do you know the true nature of a gambler who has difficulty controlling himself? they tend to be temperamental, if you don't have the mental strength to collect the money you lend, you will most likely lose your money, the person can also run away without a trace and you will have difficulty finding them.


The reason why they or anyone else should not just lend money to gamblers is because of the high risk of gambling itself, gambling will always run randomly and there is absolutely no guarantee of getting better results even just to break  even unless you are really lucky. That's a fair and reasonable reason why they don't want to lend money to gamblers.

Honestly, I'm not sure that gamblers will be able to repay their debts, they have an activity to squander money hoping to get a bigger return such as winning, but that rarely happens because casinos are very happy if a gambler loses because that is the profit they are always waiting for. I'm sure they won't think about how to repay the debt but more likely they'll think about how to find the money to gamble again, if the  result is losing again then they'll continue to assume that. It's a horrible cycle  of gambling, you can't think of anything better than gambling. What often happens is that instead of paying debts, they come to borrow again for various reasons. So it's better to reconsider before it's too late and you regret not paying.
My initial advice for the OP is similar to yours, the risk is high doing a business like this, regardless, I don't even like the sense of it at all for it's tantamount to exploiting the problem of the gambling addicts.

Come to think of it, the fact that a gambler could approach you to borrow money for gambling purpose shows that the gambler is not with his senses anymore and a very good reason not entertain this act, it's very risky businesswise. Fine, some gamblers might borrow money from you and pay as and when due, but I'm certain that most would not pay you because they would rather prefer to play more bets with the money they have than to pay you back. This makes the risk so high for the person that would be borrowing gamblers money, those who are borrowing  the money can't be responsible, if they are in the first place, they should know that they should gamble alone with the money they can afford to lose, which is their extra money, not the other way round. And for them to have come to you to borrow for gambling shows that they've already crossed the red line in gambling addiction which makes your money not safe with them.

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Z390
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November 20, 2023, 09:39:56 AM
 #164

OP are you going to involve the government of your country about this or just you? I think it's not safe to start such business of lending gamblers money because

1. Most gamblers won't pay back what they own when the amount is too much, and if you threaten them too much you won't be safe either, how many stories of people killing people to avoid paying what they owe? There are many stories like this, and been just you doing this you can lose your life.

2. If something happens that involved the law and authority you will be at fault and they can charge you because you are not registered as a lender, there are standard lending business in the world today, so make sure you get a license and think about good security for yourself.

I don't have Interest in such business because I have seen lenders going through the stress of looking for debtors that refuse to pay the they owe back, some will run off leaving one country for another and you will have to put them on manhunt to get them arrested when they are in the public, if you think you can handle it you are free to do so, but be prepared, gamblers know how to owe a lot of money, most of the ate living a miserable life so they don't care.

.
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November 20, 2023, 11:04:08 AM
 #165

OP are you going to involve the government of your country about this or just you? I think it's not safe to start such business of lending gamblers money because

1. Most gamblers won't pay back what they own when the amount is too much, and if you threaten them too much you won't be safe either, how many stories of people killing people to avoid paying what they owe? There are many stories like this, and been just you doing this you can lose your life.

2. If something happens that involved the law and authority you will be at fault and they can charge you because you are not registered as a lender, there are standard lending business in the world today, so make sure you get a license and think about good security for yourself.

I don't have Interest in such business because I have seen lenders going through the stress of looking for debtors that refuse to pay the they owe back, some will run off leaving one country for another and you will have to put them on manhunt to get them arrested when they are in the public, if you think you can handle it you are free to do so, but be prepared, gamblers know how to owe a lot of money, most of the ate living a miserable life so they don't care.

I agree with this. It's such a complicated thing to deal with. Might as well find other source of income that doesn't involve much stress and risks. It's better to have a business that you can plan and organize with your knowledge and not bother about the safety and security. Because it's really risky if you are going to lend money without permit, you can be fined and be jailed, even be a subject for murder because most people do not really want to pay. You want to prioritize your well-being above all else because you will no longer earn if you are already six feet under.

It's also bad to take advantage of other people's weakness. Like what you said, it might indeed backfire on you, unless you will ask them for collateral damage with the same amount of the money they have borrowed. But I guess, to each his own. If ever you really want to pursue that kind of business OP, make sure to have it documented and be legal. Pay taxes so you won't be working in the shadows and you can file for claims in the court if things go south between the debtor and you.
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November 20, 2023, 11:36:43 AM
 #166

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

I for most of the times would never borrow money from a stranger,even if you promise that it will a notary contract and will abide by all the laws of the country if you will do it locally in your city and I think most gamblers would not go this route,they don't like notary contracts.You will also be faced with a lot of possible "scamming" gamblers,the ones who will get the money and you will never see them back,they will most likely sign the contract with false documents as addicted gamblers can do this and much more worse.

If you go online the scam zone would be even bigger so for your own benefit and to spare some stress to yourself you better don't do it.
Yes, there would be always a catch, whether there's some hidden charges or really that huge interest but pretty sure it would really that too suspicious if ever there's someone who would really be
approaching you and telling that they will really be giving a loan. If you could really be able to see that they could be trusted then it would be your choice but if not then it would really be that
wise that you shouldnt really be trusting them in the first place. Its always been that shady that suddenly there's a person who would really be having that kind of approach and offering some loans.
lol.

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November 20, 2023, 12:53:14 PM
 #167

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

I don't think this is the best investment you can make with your money. Why would you lend your money someone that has no more money and still wants to gamble? First of all, if they lost all their money through gambling then their strategies and risk management is not really the best and the chances are high that they are just going to lose all your money as well. Making a contract and requiring interest is a good thing, this gives you at least some form of protection. However, a contract alone is no guarantee that you actually will get your money back. Let’s look at the worst-case scenario where the gambler loses all your money and still needs to pay you back. What happens if he doesn’t have a job, or only a job that doesn’t pay a lot of money? Even if you go to the courts and ask for your money back, it could take years for you to recover your principal. In my opinion a better approach, if you want to invest in gambling, would be to look for a casino that is looking for a new partner and you could invest your money there. There will always be people trying to sell their shares in casino and if you have enough money, you could buy their shares.

Giving a gambler who is broke money? That sounds like the plot of a sad comedy. Yes, you're right to be wary of contracts and slow law mills; they're not magic wands.

Hey, let's change the subject to something more... exciting. Cryptocurrency casinos! That's where the real action is. There's more to these digital parks than just rolling dice. They're smart, creative, and a lot of fun. Just think about it: blockchain technology provides openness, fairness, and, guess what? Privacy. This is the perfect set of qualities for a player.

Putting money into a casino, whether it's online or off, is more than just buying a ticket to the money show. Being in charge of a show of luck is a lot like that. You're not just watching the game; you're in it. Also, you made a good choice with those gambling shares. No matter who wins or loses at the games, the casinos make money. Why bet on a horse that will lose when you can own the racetrack? Remember that the house always wins, and you could be the house in this case. If you play your cards right, anything could happen.

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November 20, 2023, 01:20:43 PM
 #168

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

I don't think this is the best investment you can make with your money. Why would you lend your money someone that has no more money and still wants to gamble? First of all, if they lost all their money through gambling then their strategies and risk management is not really the best and the chances are high that they are just going to lose all your money as well. Making a contract and requiring interest is a good thing, this gives you at least some form of protection. However, a contract alone is no guarantee that you actually will get your money back. Let’s look at the worst-case scenario where the gambler loses all your money and still needs to pay you back. What happens if he doesn’t have a job, or only a job that doesn’t pay a lot of money? Even if you go to the courts and ask for your money back, it could take years for you to recover your principal. In my opinion a better approach, if you want to invest in gambling, would be to look for a casino that is looking for a new partner and you could invest your money there. There will always be people trying to sell their shares in casino and if you have enough money, you could buy their shares.

Giving a gambler who is broke money? That sounds like the plot of a sad comedy. Yes, you're right to be wary of contracts and slow law mills; they're not magic wands.


One thing that's crazy in my opinion is, where people who have lost are bribed with more funds, and those funds are funds obtained from debt, what guarantees do they provide when borrowing? and is there an agreement?
in here i see  your morals are very bad in my opinion you want to stop gambling but you are luring other people into gambling by providing loan funds for gambling, you shouldn't invest in other places maybe it's better than gambling

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Accardo
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November 20, 2023, 02:56:50 PM
 #169

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

I don't think this is the best investment you can make with your money. Why would you lend your money someone that has no more money and still wants to gamble? First of all, if they lost all their money through gambling then their strategies and risk management is not really the best and the chances are high that they are just going to lose all your money as well. Making a contract and requiring interest is a good thing, this gives you at least some form of protection. However, a contract alone is no guarantee that you actually will get your money back. Let’s look at the worst-case scenario where the gambler loses all your money and still needs to pay you back. What happens if he doesn’t have a job, or only a job that doesn’t pay a lot of money? Even if you go to the courts and ask for your money back, it could take years for you to recover your principal. In my opinion a better approach, if you want to invest in gambling, would be to look for a casino that is looking for a new partner and you could invest your money there. There will always be people trying to sell their shares in casino and if you have enough money, you could buy their shares.

I think those things can be tackled with the collateral aspect before giving out the loan. OP can check those things out. It'll be wrong to lend money to a person who doesn't own a single property to hold on to if they don't payback their debt. It's a very risky business, and it could be why nobody is running the business. I've never seen such an initiative. The best method to do the business is by collaborating with the casino. Then they'll be able to point out players who are capable of paying back the money they are owing, despite losing out the whole funds. The people Op is targeting, the inexperienced, would bring him more troubles. Because they are novice and naive, they'll wind things up and turn back to get angry at OP for putting them into another level of stress. The only way we can determine if things would play out fine for the business, is by knowing the testimony of OP when he ventures into the business. In my opinion, instead of going directly to the gamblers to convince them, and the time it'll take him to sign agreements. It'll be best OP sets up his own platform somewhere close to the casino. Such that these players would be the ones meeting him out of their own choice to take loan for gambling. They'll agree on ways of paying him back, then strike a deal. Meeting them when they're down emotionally, can be risky on the Op's side. They can deny, they were drunk or weren't in control of their decision. Which such hacks can fold Op's business. Because players must find a way of cheating Op in the business. Hence, having a different establishment is better, than walking around in casinos to convinces inexperienced players.

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November 20, 2023, 03:08:20 PM
 #170


I think those things can be tackled with the collateral aspect before giving out the loan. OP can check those things out. It'll be wrong to lend money to a person who doesn't own a single property to hold on to if they don't payback their debt. It's a very risky business, and it could be why nobody is running the business. I've never seen such an initiative. The best method to do the business is by collaborating with the casino. Then they'll be able to point out players who are capable of paying back the money they are owing, despite losing out the whole funds. The people Op is targeting, the inexperienced, would bring him more troubles. Because they are novice and naive, they'll wind things up and turn back to get angry at OP for putting them into another level of stress. The only way we can determine if things would play out fine for the business, is by knowing the testimony of OP when he ventures into the business. In my opinion, instead of going directly to the gamblers to convince them, and the time it'll take him to sign agreements. It'll be best OP sets up his own platform somewhere close to the casino. Such that these players would be the ones meeting him out of their own choice to take loan for gambling. They'll agree on ways of paying him back, then strike a deal. Meeting them when they're down emotionally, can be risky on the Op's side. They can deny, they were drunk or weren't in control of their decision. Which such hacks can fold Op's business. Because players must find a way of cheating Op in the business. Hence, having a different establishment is better, than walking around in casinos to convinces inexperienced players.


The loan procedure by doing the collateral before getting the loan to manage from the loss once the loan guy not able to pay the money.Instead of getting the loan for the gambling site playing the gambler can use the money to invest in the cryptocurrency and multiple the dollars.So then he can do the gambling with the profit from the cryptocurrency trading,but the new gambler will play the gambling without the experience in the gambling sites.So it will be like the random bet to the gambling sites,this only help the gambler to loss.The loan for the gambling itself not the good idea until you had good experience in the gambling sites.

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November 20, 2023, 03:38:13 PM
 #171


I think those things can be tackled with the collateral aspect before giving out the loan. OP can check those things out. It'll be wrong to lend money to a person who doesn't own a single property to hold on to if they don't payback their debt. It's a very risky business, and it could be why nobody is running the business. I've never seen such an initiative. The best method to do the business is by collaborating with the casino. Then they'll be able to point out players who are capable of paying back the money they are owing, despite losing out the whole funds. The people Op is targeting, the inexperienced, would bring him more troubles. Because they are novice and naive, they'll wind things up and turn back to get angry at OP for putting them into another level of stress. The only way we can determine if things would play out fine for the business, is by knowing the testimony of OP when he ventures into the business. In my opinion, instead of going directly to the gamblers to convince them, and the time it'll take him to sign agreements. It'll be best OP sets up his own platform somewhere close to the casino. Such that these players would be the ones meeting him out of their own choice to take loan for gambling. They'll agree on ways of paying him back, then strike a deal. Meeting them when they're down emotionally, can be risky on the Op's side. They can deny, they were drunk or weren't in control of their decision. Which such hacks can fold Op's business. Because players must find a way of cheating Op in the business. Hence, having a different establishment is better, than walking around in casinos to convinces inexperienced players.


The loan procedure by doing the collateral before getting the loan to manage from the loss once the loan guy not able to pay the money.Instead of getting the loan for the gambling site playing the gambler can use the money to invest in the cryptocurrency and multiple the dollars.So then he can do the gambling with the profit from the cryptocurrency trading,but the new gambler will play the gambling without the experience in the gambling sites.So it will be like the random bet to the gambling sites,this only help the gambler to loss.The loan for the gambling itself not the good idea until you had good experience in the gambling sites.

If I got you right, the borrowed money meant to be used for gambling, you mean the player should trade it in cryptocurrency exchange. Then the profit he makes can be used to gamble. The whole process would be riskier than using it straight ahead to gamble. Nothing stops him from losing his trades in cryptocurrency. As it's also uncertain, whether he'll double the win or not. Considering the time frame, for players in offline casinos. Would OP wait until they're done trading before they'll gamble the money. It's more like a fast business, and the lender will be present to see the result. Running such a service online would be a wasted effort. His main aim is the offline casino, if I'm not mistaken, and like you said the experienced gamblers would be better off as his target audience. The wealthy players, who for some reasons ran out of money, maybe physical cash, can patronize OP, and when done playing would refund him before or after 24 hours. That way, it'll be less stressful than when he targets addicts, who have nothing left on them. Raising arguments each day and refusal to comply to their own end of the deal. Some may try to deceive the lender, bring losses to him.

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November 20, 2023, 03:39:04 PM
 #172

`

Yes it makes sense, and on the other hand that would be the problem, there is no way anyone would have the trust to lend money to gamblers even if it was his own friend, obviously there would be a lot of doubts about the money, and the first question would be "will he be able to replace my money", I'm sure that was the first assumption that came out of his mind, It will not be easy to agree with lending money to gamblers, because it is clear on the other hand with where the money will be used it is clear that it is a gamble where the final result will not always be in accordance with the wishes, the point in this case is very difficult when we borrow money from others to gamble, unless we lie by saying the money is for other needs.

And also yes, one of the reasons they don't want to lend is because there have been quite a lot of cases from other people that they couldn't get the money back, in the sense that the gamblers didn't replace their money. From that alone we can already judge that usually gamblers do not have good responsibility, especially in terms of the money they borrow. And also yes on the other hand if you (gamblers) manage to get a big enough win then it's better to put some of it for other purposes and some of it for gambling next time, it will help you in terms of money to gamble, it's better than you borrow again.
If you want to gamble and borrow money, you shouldnt do it together. Doesnt it sound like a great puzzle? Giving a bettor money is like giving a child the key to a candy store: you hope for the best but expect... less. "Will I get my money back?" is the big question that everyone wants to know. There are a lot of stories about missing funds; they're almost as famous as ghost stories around a campfire.

However, lets not put all of our chips in the same pot. If there is a big win, what will happen next? Part of the win to refill the gambling tank, part to, say, do something wildly different. Thats revolutionary, right? Its great to be excited about gambling, but how about some smart planning too? Its kind of like a strategy game, but you use real coins. Remember to keep it fun and smart.

Haha yes your statement is simple but very reasonable, giving money whether it's lending or giving without reciprocity is like you give the keys to a candy store to a child, of course which child will refuse when he is given access to things that can make them very happy or mean for their favorite? This scenario is no different from gamblers, and of course there will be a lot of doubts from people who will give them a loan, because the money that will be used is for gambling which is where the public's view of gambling is very negative, so it's only natural that people don't give you a loan if your goal is to bet.

As I said earlier that if you have managed to get a win then yes of course it is better for you to divide the winnings, I mean you need to break it down, some for other purposes or for example paying off your debts and some for your gambling funds next time. So of course planning and management is really needed in gambling, it will help you to avoid financial problems due to gambling, and of course by saving funds, you don't need to borrow anymore, that's better, friend.

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November 20, 2023, 03:47:42 PM
 #173

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
This is not investing in gambling. You are not different from a running a credit scheme. It is almost like gamblers using a credit card for gambling.
The real investing in gambling is opening and running a gambling business like a casino or a sports book.
If you have enough money you can partner with someone on this. In the mean time, you have to be careful about giving out money to gamblers they are terrible at paying back.

.
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November 20, 2023, 04:26:50 PM
 #174

Both your own gambling and investing in other gamblers are high risk. So I think avoiding the desire to earn from gambling. Gambling should only be done for fun and should be played by yourself. Because if you invest on another gambler it will not entertain you much.  But if you gamble yourself then you will get a lot of entertainment from here. So a gambler should gamble with a small amount just for fun without planning to invest on it. Even if that amount is lost, it should not panic you. Then you will be able to control yourself from gambling

Certainly, gambling with high budgets and funding gamblers will bring about huge risks. For this reason, it would be a more logical option to gamble with amounts that will not shake one's budget and to evaluate investment opportunities in different investment areas. Gambling should always be an entertainment-oriented tool, not a profit-oriented investment type and it should be played with an amount that will not negatively affect the person financially.

In addition, since investing in gambling is riskier than other investment options, the risk of loss will be higher for investments made in this area. Also, if the return and risk ratios are incompatible with each other, this investment will definitely not be a logical investment.
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November 20, 2023, 04:37:38 PM
 #175

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
This is not investing in gambling. You are not different from a running a credit scheme. It is almost like gamblers using a credit card for gambling.
The real investing in gambling is opening and running a gambling business like a casino or a sports book.
If you have enough money you can partner with someone on this. In the mean time, you have to be careful about giving out money to gamblers they are terrible at paying back.

It is easy to apply such stigma to gamblers, called them out for not being good at paying back, but I would say it depends rather on the person and not what activities their partake in (consuming drugs do not count, though), there are gamblers who are responsible and will give the money back gladly in order to keep their reputation. I have seen at least one gambler here in the forum to ask for a loan directly to their casino account and he was granted such loan based on its reputation and level on the forum. It is about the same in the real life.

Also, running a credit scheme even though it does bot have anything to do with gambling is a legitimate way to do business, though. Even here in the forum we have got users who actively concede loans, many.

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erep
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November 20, 2023, 07:58:19 PM
 #176

I once thought about it in my first response, how bad it is to encourage addicts to continue staking, when their pocket runs dry. Yet, on the second note, even the casinos don't care about this either. All they care for is their money. Hence, Op's investment idea, though sounds wrong, it's still a business. And since it solves a problem, would still generate him wealth. Even the casino owner can decide to collaborate with him, because it'll also fetch them more profits. A kind of win win idea for business men.
My previous response was related to personal opinion but if it is related to the business aspect, he has analyzed the profitable opportunities from the loan business, even casinos also support this business idea which can benefit their side, because they don't care about negative perspectives but business is still business, all opportunities are utilized for get profits without caring about the financial aspects of the gambler. If the loan business has been released then you will be rushed to receive many loan reports every day, because gambling addicts don't stop betting before they lose everything or reach their target profit.

I think he has to make loan rules and he will select borrowers to avoid fraud who don't want to pay the loan, this kind of business is prone to big risks because proof of a loan agreement is no guarantee of getting the loan money back if the borrower has run away without you knowing

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November 20, 2023, 08:33:33 PM
 #177

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
This is not investing in gambling. You are not different from a running a credit scheme. It is almost like gamblers using a credit card for gambling.
The real investing in gambling is opening and running a gambling business like a casino or a sports book.
If you have enough money you can partner with someone on this. In the mean time, you have to be careful about giving out money to gamblers they are terrible at paying back.

It is easy to apply such stigma to gamblers, called them out for not being good at paying back, but I would say it depends rather on the person and not what activities their partake in (consuming drugs do not count, though), there are gamblers who are responsible and will give the money back gladly in order to keep their reputation. I have seen at least one gambler here in the forum to ask for a loan directly to their casino account and he was granted such loan based on its reputation and level on the forum. It is about the same in the real life.

Also, running a credit scheme even though it does bot have anything to do with gambling is a legitimate way to do business, though. Even here in the forum we have got users who actively concede loans, many.
Running up a loan business isnt bad and what most people that do really focusing about is on the ethicality of such business on which taking up advantage into those people who had just wrecked themselves
on which you are really that trying out to offer them on getting some loans with those kind of interest. Well, its a sweet spot because you are pretty sure that they would really be getting specially to those
who are really that addicted. Its true that we cant really make out that directly judgement about people not to be able to repay their loans or debts to someone. It is really just that we are really just that
being conclusive when it comes to things.

This is why we do really end up on having that assumption that they arent capable on repaying but its true that there are people who cant really just that afford on making
their reputation to be  that something that bad, they do take loans but doesnt mean that they cant repay it on time.

R


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November 20, 2023, 11:27:46 PM
 #178

Are there really some investment gambling platforms that make this as business for gamblers to make deposit with them and Invest in, i see that many gambling platforms developers do have enough money for their establishment, but i don't know what other means one can use to begin to make money from gambling outside gambling itself, making an investment into gambling can only be afforded by those that have enough financial capacity for an establishement and not a regular gambler.

R


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November 20, 2023, 11:34:56 PM
 #179

Are there really some investment gambling platforms that make this as business for gamblers to make deposit with them and Invest in, i see that many gambling platforms developers do have enough money for their establishment, but i don't know what other means one can use to begin to make money from gambling outside gambling itself, making an investment into gambling can only be afforded by those that have enough financial capacity for an establishement and not a regular gambler.
Yes, it is true that most of the casinos are established and have got money and that is why they dont ask for any investments.

But like bitvest, they have the option for users to invest on their bankroll and not only them that does this.

Bustadice also and many more. So if you have spare money and you dont want to spend it, you can put casino bankroll investing as part of your choices.



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Rainbot
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November 21, 2023, 04:32:05 AM
 #180

Are there really some investment gambling platforms that make this as business for gamblers to make deposit with them and Invest in, i see that many gambling platforms developers do have enough money for their establishment, but i don't know what other means one can use to begin to make money from gambling outside gambling itself, making an investment into gambling can only be afforded by those that have enough financial capacity for an establishement and not a regular gambler.
Gambling sites are founded by people with above average wealth, even when they receive investment, those who enter as investors are rich people who are also friends of the owner, either business friends or what is clear in gambling business circles have leader who can always have more money for every development.
But here as the OP said it is not about investing in betting platform or casino but he is giving loans to gamblers who have run out of funds and has an agreement with the gambler regarding interest and when he should receive back the money lent.
It seems like you don't really understand what the OP means here.

When we really want to invest, we must be able to know that we have more money, meaning that we will not take the money invested when there is sudden need.
An investor must have spare money in case there is an urgent need and requires certain amount of money and we need to remember that investment will always be long term so we at least need to have an income at all times.

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