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Author Topic: Do not gamble with Loan Money~otherwise you will be in danger like me  (Read 4608 times)
Quidat
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December 02, 2023, 11:48:48 PM
 #181


I have always advised people not to take gambling seriously but I myself became heavily addicted to live blackjack from stake.com and kept winning and losing. In this case I will not blame the gambling site because they give live cards. I started the game with just $20 but gradually I got addicted to it and wanted to gamble and win bigger amounts by depositing bigger amounts. I lost $1700 playing this way then I decided to play with a much bigger amount and recover all the losses then quit gambling for this I borrowed 270000 BDT ($2180) from the bank and deposited there. But unfortunately I lost them. Now I am financially so weak that it has become very difficult to meet my family expenses and I owe the bank $2180 which will take me a long time to pay off. Now it will take about 2 years for my financial situation to be normal again. Gambling addiction set back my normal life by 2 years. I am a victim of real experience and I am sharing my real experience with you.  Don't make the same mistake I did.  And never decide to gamble with a loan. If you do, your situation may be similar to mine. so beware of gambling

Preventing gambling addiction is the best defense against taking out a loan for gambling. If you have a gambling addiction and you have the option to carry a loan, someone will undoubtedly do so in order to bet. When you are addicted to gambling, it always becomes very difficult to resist doing everything to obtain money to bet. This kind of event that happened to you is not uncommon. Whenever you gamble, your goal is to increase your chances of winning big, especially if you end up losing some cash.
On the time that you do already reached out on a certain situation or moment that you are already taking up some loans for you to gamble then this is a solid sign that you are already that addicted to it.
As much as possible, you should really be stopping on playing gambling or quit it completely before things get even more worst. If you dont like on ending up on miserable then you should really be that mindful on the things that you've been doing specially on financial because it would really be that making that huge damage if you do really just tolerate or neglect out.
Loan money should really be used on something that would be worth like putting it up on investment or business which you do know that it could possibly give out that possible benefit on generating more income and not on something that would make you lose.

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December 03, 2023, 12:02:03 AM
Last edit: December 03, 2023, 12:27:29 AM by BabyBandit
 #182

I have always advised people not to take gambling seriously but I myself became heavily addicted to live blackjack from stake.com and kept winning and losing. In this case I will not blame the gambling site because they give live cards. I started the game with just $20 but gradually I got addicted to it and wanted to gamble and win bigger amounts by depositing bigger amounts. I lost $1700 playing this way then I decided to play with a much bigger amount and recover all the losses then quit gambling for this I borrowed 270000 BDT ($2180) from the bank and deposited there. But unfortunately I lost them. Now I am financially so weak that it has become very difficult to meet my family expenses and I owe the bank $2180 which will take me a long time to pay off. Now it will take about 2 years for my financial situation to be normal again. Gambling addiction set back my normal life by 2 years. I am a victim of real experience and I am sharing my real experience with you.  Don't make the same mistake I did.  And never decide to gamble with a loan. If you do, your situation may be similar to mine. so beware of gambling

I am very sorry to hear your situation my friend, we are only humans and mistake like this will happen time from time, the only important thing is to not do the same mistake twice. Take a lesson from this OP. Learn and come back stronger. I believe in you 💪

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December 03, 2023, 01:34:03 AM
 #183

first of all just an opinion but Blakcjak I think is the most predicted game especially live Blackjack but gambling is gambling  Cry

sorry for you lost the best thing you could do now is repay the debt and stay away from the gambling site till the debt is finished

Yesterday I also lost completely so was a total bust in a game crash

I always tell to a friend, not to be greedy but here I am after winning big I greed made it all in and the money now is gone

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December 03, 2023, 01:49:21 AM
 #184

first of all just an opinion but Blakcjak I think is the most predicted game especially live Blackjack but gambling is gambling  Cry

sorry for you lost the best thing you could do now is repay the debt and stay away from the gambling site till the debt is finished

Yesterday I also lost completely so was a total bust in a game crash

I always tell to a friend, not to be greedy but here I am after winning big I greed made it all in and the money now is gone

Sorry for your loss as well. I hope it was not as big as the one OP has shown to us, by the way.
In my opinion, crash is one of the most unpredictable Games one can gamble one's money on. Playing it is like going all or nothing in a casino, it would have been better if you went and played other different kind of game instead crash (like blackjack or dices, which allows you to adjust the degree of risk you want to take) or just simply you could have withdrawn. It is what it is, in the end greed can be a very strong force which would inevitably make us lose.

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December 03, 2023, 07:08:31 AM
 #185

The use of borrowed money in gambling is a very risky move; often, it leads to more problems than solutions. Adding borrowed money to gambling only intensifies the potential consequences, as seen in OP's situation. In my opinion, it is unnecessary to borrow money if it will only be used for gambling; I would never consider it as an option. There's nothing wrong with borrowing money if you truly have nothing and you need it, but if it's just for gambling, it's better not to borrow at all.
Borrowing money to gamble will only cause problems for us because we know that gambling can cause us to lose a lot of money if there is no preparation and we will not be able to pay back the borrowed money. But if it is for other more important needs, it's okay if we borrow money from other people and they will also understand. But it seems like no one will want to lend their money to gamble unless they really want to take advantage of the person borrowing the money. After all, we will never know when we will win but there is a possibility that we will only experience defeat and that could cause us to lose all the money.

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December 03, 2023, 07:36:28 AM
 #186

The use of borrowed money in gambling is a very risky move; often, it leads to more problems than solutions. Adding borrowed money to gambling only intensifies the potential consequences, as seen in OP's situation. In my opinion, it is unnecessary to borrow money if it will only be used for gambling; I would never consider it as an option. There's nothing wrong with borrowing money if you truly have nothing and you need it, but if it's just for gambling, it's better not to borrow at all.
Borrowing money to gamble will only cause problems for us because we know that gambling can cause us to lose a lot of money if there is no preparation and we will not be able to pay back the borrowed money. But if it is for other more important needs, it's okay if we borrow money from other people and they will also understand. But it seems like no one will want to lend their money to gamble unless they really want to take advantage of the person borrowing the money. After all, we will never know when we will win but there is a possibility that we will only experience defeat and that could cause us to lose all the money.
Totally causing problems unless if you are responsible on paying up your loans then it would be just fine,but it is really just that totally worth on taking up some loan just for you to gamble on which it would be better if it would be used on other means but for gambling? meh! You would really be putting up yourself on great danger. We do know that taking a loan is never been ideal or something that really very good for you to do so.
If its really that you are responsible on repaying your loan then it would really be just that fine but if not then this is where shit things do happen.

You would really be putting up yourself that in danger if you are really that making use of loan amount. You would really be putting up yourself on great trouble.
No matter on how much money you do have or being that confident on taking up some loan and spending it on gambling, then sooner or later
you would be finding up yourself on great trouble later on.

R


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December 03, 2023, 07:47:05 AM
 #187

Quote
for this I borrowed 270000 BDT ($2180) from the bank and deposited there. But unfortunately I lost them. Now I am financially so weak

So the bank just gave you 2180 USD just like that? What kind of collateral did you provide? Did someone guaranteed this loan for you?
Did the bank analyze your financial situation and decided to give you a loan without knowing that you are "financially weak" and you will have great difficulties are repaying the loan? Dude, I want to go to your country and get bank loan there. It seems really easy. Grin
Jokes aside, I'm sorry about your financial situation. I really hope that you will be able to make enough money to repay the loan.
And yes, gambling with borrowed money is a huge mistake.

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December 03, 2023, 08:17:13 AM
 #188

I am a victim of real experience and I am sharing my real experience with you.  Don't make the same mistake I did.  And never decide to gamble with a loan. If you do, your situation may be similar to mine. so beware of gambling
This is what's going to happen if you didn't control yourself when playing. At first, it's entertaining and fun but if you became obsessed to profit you'll likely do the things that a gambler should not do like borrowing money. It's really true that regret is always in the end and you'll only realize the mistakes you did after experiencing the worst. It's a lesson learned and a reminder for gamblers to not do the same mistakes. Always gamble in moderation using your own money.

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December 03, 2023, 08:40:56 AM
 #189

This is what's going to happen if you didn't control yourself when playing. At first, it's entertaining and fun but if you became obsessed to profit you'll likely do the things that a gambler should not do like borrowing money. It's really true that regret is always in the end and you'll only realize the mistakes you did after experiencing the worst. It's a lesson learned and a reminder for gamblers to not do the same mistakes. Always gamble in moderation using your own money.
When someone makes a bet, it would be better for them to still be able to control themselves when betting, because if they cannot control themselves, it will be very easy for them to spend the capital they have, and this cannot be avoided when betting.
It is important for every gambler to use their own money in betting and not to look for borrowed money to be able to gamble when they don't have their own money to gamble, because this will be a problem when we can't win at gambling and we have to pay back the money we have borrowed.

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December 03, 2023, 08:57:06 AM
 #190

I am a victim of real experience and I am sharing my real experience with you.  Don't make the same mistake I did.  And never decide to gamble with a loan. If you do, your situation may be similar to mine. so beware of gambling
This is what's going to happen if you didn't control yourself when playing. At first, it's entertaining and fun but if you became obsessed to profit you'll likely do the things that a gambler should not do like borrowing money. It's really true that regret is always in the end and you'll only realize the mistakes you did after experiencing the worst. It's a lesson learned and a reminder for gamblers to not do the same mistakes. Always gamble in moderation using your own money.

Maybe some other say that they are in control but when they are in momentum betting and think they are lucky then these people decide to bet more that's why instead that they are winning it turns out that a reverse of luck happen and they lose almost everything they had. This is how people regret what they do and only realize their mistake when nothing left on their hand.

 For sure we experience this before and some of our friend experience this that's why we should never try to return this habits since this is really bad for us especially if we want to do something productive on our gambling activity.


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December 03, 2023, 09:05:29 AM
 #191

first of all just an opinion but Blakcjak I think is the most predicted game especially live Blackjack but gambling is gambling  Cry

sorry for you lost the best thing you could do now is repay the debt and stay away from the gambling site till the debt is finished

Yesterday I also lost completely so was a total bust in a game crash

I always tell to a friend, not to be greedy but here I am after winning big I greed made it all in and the money now is gone

Isn't it too difficult that he has to pay the loan which he never used for himself, did not buy anything from it but only wasted it in gambling? He has to pay back and it is an extra burden on him.
Also, he can't gamble for all this time because he has no money and all the money which he would be saving would be spent to gather money for the loan payment. How awkward is this situation, only he knows about it.

Do people mistakes in life but some mistakes are such that it is difficult to recover from them.
Unless he does not have any proper source of income, where he can get reasonable money, he can't get out of it.

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December 03, 2023, 09:15:31 AM
 #192

...

I am very sorry to hear your situation my friend, we are only humans and mistake like this will happen time from time, the only important thing is to not do the same mistake twice. Take a lesson from this OP. Learn and come back stronger. I believe in you 💪

Sad story, and now we can only hope that OP will learn from this mistake and never repeat the same mistake. Returning the loan will take time, and he will probably need to give up many things before he returns the loan, but it is what it is.

This story is a good reminder that there is never enough talk about responsible gambling, about not gambling with money we cannot afford to lose. At the end of the day, whatever game is involved in every game there are winners and losers, and sadly when we have a bad evening we can lose even when all the skills and chances are on our side.

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December 03, 2023, 09:45:38 AM
 #193

If it is not advisable for an Bitcoin investor to invest with a borrowed money that is proffered to make incomes over a period of time with a low risk at when considering inflations and deinflations, which doesn't dangle by the wills of its investors and at a utmost, it doesn't yield its investors a total lost count despite how impatient the Investor may be rather a better income is come at when the investors patient is adhered.

 So I just wonder why a gambler would go gamble with a borrowed fund that the stakes onboard is at 99.9% chances to loose the bet and a 0.1% chance to win would take such a risk.
Gambling is not an investment to Invest on rather it is a medium to make money at a staking level challenges.
Before sitting on for gambling, ones aim is to make profits. Yeah. But a total submission to lost everything you have staked is to be considered tolerable and must be assigned for it because there is always everything tendencies to lost it all.
Gambling is a pure trial and it is never advisable to stake a borrowed money on a trial circumstances else you keep accumulating being indebted whereas, your time may and or would not come to count winning else but loosing.

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December 03, 2023, 09:49:33 AM
 #194

...

I am very sorry to hear your situation my friend, we are only humans and mistake like this will happen time from time, the only important thing is to not do the same mistake twice. Take a lesson from this OP. Learn and come back stronger. I believe in you 💪

Sad story, and now we can only hope that OP will learn from this mistake and never repeat the same mistake. Returning the loan will take time, and he will probably need to give up many things before he returns the loan, but it is what it is.

This story is a good reminder that there is never enough talk about responsible gambling, about not gambling with money we cannot afford to lose. At the end of the day, whatever game is involved in every game there are winners and losers, and sadly when we have a bad evening we can lose even when all the skills and chances are on our side.

Every gambler will learn from their mistakes quick when they are in deep trouble where getting out is next to impossible.
For sure, such experience will be his lifelong lesson and will avoid such situation to happen so long he is alive.
Countless stories about getting broke or in deep debt owed to compulsive gambling habits, but a gambler can only learn his lesson when he actually experienced such trouble in life.
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December 03, 2023, 09:56:50 AM
 #195

Totally causing problems unless if you are responsible on paying up your loans then it would be just fine,but it is really just that totally worth on taking up some loan just for you to gamble on which it would be better if it would be used on other means but for gambling? meh! You would really be putting up yourself on great danger. We do know that taking a loan is never been ideal or something that really very good for you to do so.
If its really that you are responsible on repaying your loan then it would really be just that fine but if not then this is where shit things do happen.

You would really be putting up yourself that in danger if you are really that making use of loan amount. You would really be putting up yourself on great trouble.
No matter on how much money you do have or being that confident on taking up some loan and spending it on gambling, then sooner or later
you would be finding up yourself on great trouble later on.
Taking out a loan to gamble is clearly dangerous because we never know when we will win so it's better to avoid doing it, especially if we borrow from a loan shark. That will clearly endanger our lives more because those loan sharks will be harsher and crueller for us to get the money back. We doubt that people who gamble using borrowed money can be responsible for gambling because, in their minds, they only want to win. They are afraid that if they lose, they will not be able to pay back the debt. Never take too big a risk by borrowing money from anyone.

That is why we should gamble using our money and never borrow money from other people to gamble. It will be safer because we only have the risk of losing money at the gambling table. We also don't need to return any money because we didn't borrow any money.

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December 03, 2023, 12:21:40 PM
 #196

Borrowing money to gamble will only cause problems for us because we know that gambling can cause us to lose a lot of money if there is no preparation and we will not be able to pay back the borrowed money. But if it is for other more important needs, it's okay if we borrow money from other people and they will also understand. But it seems like no one will want to lend their money to gamble unless they really want to take advantage of the person borrowing the money. After all, we will never know when we will win but there is a possibility that we will only experience defeat and that could cause us to lose all the money.
in this scenario, we just imagine gambling like a nightlife filled with fun.
well, in this scenario we are talking about several examples when someone borrows money from a friend in a small amount just to go have fun, of course someone who wants to give a loan will not want to lend the money just to have fun even though it is something that is not important and of course money lost to pay for pleasure can never be returned and this case is the same as a gambler borrowing money from a friend to gamble, which is clear that gambling is a place of fun that will not be able to return the money.

so it is only natural that a sane friend would not lend the money because it would only be used for gambling and I myself would not lend my money to friend who would use it for gambling, that would be the same as misleading a friend.

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December 03, 2023, 12:42:02 PM
 #197

Sad story, and now we can only hope that OP will learn from this mistake and never repeat the same mistake. Returning the loan will take time, and he will probably need to give up many things before he returns the loan, but it is what it is.

This story is a good reminder that there is never enough talk about responsible gambling, about not gambling with money we cannot afford to lose. At the end of the day, whatever game is involved in every game there are winners and losers, and sadly when we have a bad evening we can lose even when all the skills and chances are on our side.

Every gambler will learn from their mistakes quick when they are in deep trouble where getting out is next to impossible.
For sure, such experience will be his lifelong lesson and will avoid such situation to happen so long he is alive.
Countless stories about getting broke or in deep debt owed to compulsive gambling habits, but a gambler can only learn his lesson when he actually experienced such trouble in life.

That makes sense, I have also said several times here that a person will be able to make changes if he can reach the point of awareness in himself, all of which they will likely be able to get if they have experienced unexpected things that can certainly traumatize them, that is the importance of experience because it is like someone who is struggling to pursue success or even who has achieved success in other fields and not from gambling, there is always a failure first to be used as a lesson so that it can be better.

As with gambling, if you have realized that your actions are very wrong and too much so that it makes you experience an unexpected downturn then you should be able to make the incident a bitter experience and learn from it so as not to get in the same hole. But I think on the other hand they do not also have to experience such a downturn for the sake of awareness and change because basically they can also see from the experiences of others, especially those who ended tragically due to gambling, they can make other people's bitter experiences as lessons so that they do not do the same thing and do not end up in the same downturn.

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tjtonmoy
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December 03, 2023, 12:54:46 PM
 #198

Doing anything that involves money without proper knowledge is a bad idea. This topic of not using borrowed money for gambling has been discussed several times in this board alone and a little search on the internet will also show you all the risks and proper way to gamble. It's your ignorance which put you in this position.
Gambling is not a way of making money. It's a way of entertainment. And whatever you put into gambling should always be considered a loss. Think of it as a subscription fee for the usage of the platform. Never use it for other reasons. It's a mistake that you have made and learn from it so that you never make the same mistake again.
Crypt0Gore
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December 03, 2023, 01:08:17 PM
 #199

If someone take a loan to gamble and they win a lot more money, they will believe that it's them getting luck, I knew a guy who did this and it ruined him for years before he finally recovered.

He took loan for gambling, and he won some money, he was able to pay back the loan but after few months he lost all his money to gambling and still went back to take another loan, using a cousin of his as guarantor, he came to me at the time and I told him I can't stand for him.

He lost the money in gambling and he was arrested for not paying back the money in time, he dragged his cousin into this too, and they have to both pay for the loan, it was a narrow escape for me and me saying no was why we aren't that close anymore, but he learnt that I was right all along.

He was lucky for having some things he can sell to pay back, yet he was disgraced for not paying back in time and evading the loan shark workers, I personally don't like taking loan for anything, my mind will not be at rest until I pay the money back, not to talk of using the money for gambling.

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Saisher
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December 03, 2023, 01:22:08 PM
 #200

I lost $1700 playing this way then I decided to play with a much bigger amount and recover all the losses then quit gambling for this I borrowed 270000 BDT ($2180) from the bank and deposited there. But unfortunately I lost them. Now I am financially so weak that it has become very difficult to meet my family expenses and I owe the bank $2180 which will take me a long time to pay off. Now it will take about 2 years for my financial situation to be normal again. Gambling addiction set back my normal life by 2 years. I am a victim of real experience and I am sharing my real experience with you.  Don't make the same mistake I did.  And never decide to gamble with a loan. If you do, your situation may be similar to mine. so beware of gambling

This is the kind of position that I don't want to be in, when you're taking a loan it should be on two things and these are if you have an emergency, and if you have a business coming out, but using it to gamble it's like throwing the money.
Many people discourage people from taking a loan, it should be something that you are comfortable losing, you're not going to enjoy gambling if you know that you have to win to be able to pay that loan and be not in debt and we all know if there's a pressure while gambling you are likely to lose.
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