Do not gamble with Loan Money~otherwise you will be in danger like me

[Weawant]

It's not new seeing this, because I'm the recent past I have seen people turn out victims of what they usually advised people against probably because bat some point they were constrained and could no longer stay disciplined well enough to adhere to the advise they even give out.

Borrowing to gamble is definitely not something any One should consider at any point, this is because of the too many uncertainties attached to gambling, you almost can't tell when you are going to turn out lucky with the casino and if it turns out you aren't Lucky especially when you stakes the money you borrowed it becomes a problem for you because you will have to pay back your loan regardless of the circumstances that befell you.

[Dewi Aries]

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

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.

It seems difficult if it's like that, borrowing money but not getting anything and then we have to pay it back feels wearing. Besides, it's better to gamble with your own budget, not by borrowing. And I think if borrowing is better used for other things that are more positive, such as starting a business that of course has the opportunity to become profitable, to fulfill daily needs is still okay but if for gambling it is not recommended. And also if there is someone who is addicted to gambling and also has debts because of gambling, I think when they have money that is not enough to pay off their debts, maybe they will return to gambling. The reason is to multiply the money so that they can pay off the debt, but in the end they end up losing.
All people have responsibilities as well as desires, and they have to work to get what they want. By working they will have a steady and decent income. But if they are stubborn with a bad mindset it is also difficult.

[vv181]

It's not new seeing this, because I'm the recent past I have seen people turn out victims of what they usually advised people against probably because bat some point they were constrained and could no longer stay disciplined well enough to adhere to the advise they even give out.

Borrowing to gamble is definitely not something any One should consider at any point, this is because of the too many uncertainties attached to gambling, you almost can't tell when you are going to turn out lucky with the casino and if it turns out you aren't Lucky especially when you stakes the money you borrowed it becomes a problem for you because you will have to pay back your loan regardless of the circumstances that befell you.

There is a saying of "walk the talk". It is very easy to just simply talk without taking an action or internalising the saying. Everyone could fall for this, so we all should be wary of it.

Concerning borrowing money for gambling, this is absolutely a bad decision. Disregarding the financial condition of the borrower, I think playing a game like this, should not necessarily come from money they didn't have. It is not a matter of uncertainties, but rather a common sense. Gambling is an extremely high risk, any lender should take precautions when lending money to a gambler if they state the reason for it is to gamble.

[alegotardo]

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'm so sorry for your loss!

I know that even responsible players sometimes "lose their minds" in gambling games and know that this can happen to anyone.
Fortunately, you were able to realize your mistake, even if it was late, and you have the ability to recover financially even if it takes a long time.

However, there are people who are unable to do the same... people who compromise the cost of rent or basic everyday bills and thus ruin their entire lives because of gambling.
As a consequence, financial loss is the least of the problems, as this can destroy entire families, compromise mental health and even cause the person to indulge in other addictions such as alcohol or drugs.

Good luck in your recovery!

[Ricardo11]

Nothing can be more foolish than taking a loan from the bank and gambling with that money. Gambling is a completely uncertain thing, here you are more likely to lose, because it is high risk. Gambling addiction is the most harmful addiction. A person who is addicted to gambling has his life slowly pushed towards destruction. Just like the OP is two years behind in her life. So beware of gambling, and I think you will get much better returns if you invest the money you gamble with long term in bitcoin or other good alt coins. That will be best for you.

[AbuBhakar]

Nothing can be more foolish than taking a loan from the bank and gambling with that money. Gambling is a completely uncertain thing, here you are more likely to lose, because it is high risk. Gambling addiction is the most harmful addiction. A person who is addicted to gambling has his life slowly pushed towards destruction. Just like the OP is two years behind in her life.

Getting a loan just to gamble is really absurd especially if the amount is too much which you can’t cover immediately using your upcoming salary. I think the only time it can be justifiable is when you loan a fair amount which you can cover easily using your upcoming funds that is just delayed for a few days.

I think you will get much better returns if you invest the money you gamble with long term in bitcoin or other good alt coins. That will be best for you.

Gambling and Investment is different to each other. You are playing gambling to get some entertainment while Investment is purely to grow your capital so it’s obvious that investment is really the right choice to have better return.

[slapper]

It's not new seeing this, because I'm the recent past I have seen people turn out victims of what they usually advised people against probably because bat some point they were constrained and could no longer stay disciplined well enough to adhere to the advise they even give out.

Borrowing to gamble is definitely not something any One should consider at any point, this is because of the too many uncertainties attached to gambling, you almost can't tell when you are going to turn out lucky with the casino and if it turns out you aren't Lucky especially when you stakes the money you borrowed it becomes a problem for you because you will have to pay back your loan regardless of the circumstances that befell you.

It's strange how sensible people often fall into the same traps they warn others of. This paradox reflects the human psyche, not only gambling or finances. Humans are complex, right? Not always do our behaviors match our knowledge. In fun gambling, this is especially true. The adrenaline rush can overcome even good advise. Even though the odds are against us, the 'big win' often blinds us. Could this be due to an optimism bias that overestimates our odds of success?

You're right about the risks. A dangerous road with financial and psychological risks. However, why do people still do it? Perhaps it reflects society's complicated risk-reward relationship. Gambling in a controlled environment can provide highs and lows without real-world consequences. However, actual money - especially borrowed money - changes the game. It shows how instant enjoyment may impair judgment. In an age when gambling is more accessible than ever, doesn't this emphasize the need for awareness and self-control?

[Blitzboy]

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.

We are well aware of the risks of gambling with stolen money, especially from loan sharks. How they did it? harsh and merciless. Still, lets go further. We know the risk when we bet our own money: if we lose, its gone. But what about the effects on the mind? A lot of the time, we think we're better than we really are because we're the lucky one. The danger is in the way people think, not in where the money comes from. Basically, gambling should be a way to have fun, not a way to make money. Remember that the house always has the better chances. How about some responsible gambling? It has to do with knowing when to stop and setting limits. The point is not where the money comes from, but how we deal with danger and reward. We gamble for fun, not to get money for things we need. The real risk is believing we can beat a system that is set up to make money

[Unbunplease]

The problem with borrowed money is that a person can get carried away, losing more and more and forgetting that sooner or later this money will have to be paid back with interest. It's especially bad if there is no force that can limit

[MFahad]

Gambling with borrowing money is not a good idea because once you become acclimatize to such habit then you will always prefer taking loan instead of leaving gambling. Gambling at first stage are not so danger but as time goes a gambler mind become narrow and they only think to accumulate money no matter the idea of accumulation is bad or good because they requires money.

If a person do not have money then it is a good time to leave gambling but if he Don't leave gambling and start taking loan then that time a person become useless and he then cannot leave gambling in whole life. I think gambling is one of the timing wasting and money wasting activity therefore as you are using money for gambling so such amount can also be used for the purpose of earning with another way like that of finding a place and initiate a business.

[Lannakosa]

Do you mean take out a loan to pay off debts that you have in gambling??

Perhaps this makes sense if you no longer play with this money, but pay off this loan with your salary, or another source of your income. But if you take out a loan in order to continue playing with this money, then this is a very bad idea.

[darkangel11]

When you lose your own money you feel the burden, but when you lose someone else's money you're going to have to deal with your mental state and also with them, so OP is right.
I'd rather face my own demons than someone else's.

Do you mean take out a loan to pay off debts that you have in gambling??

Perhaps this makes sense if you no longer play with this money, but pay off this loan with your salary, or another source of your income. But if you take out a loan in order to continue playing with this money, then this is a very bad idea.

I think that OP took a loan and gambled it away. Taking a loan to pay your debt to the casino is not a bad thing, since the casino can take you to court and make you pay court fees, and the bank will settle with you as long as you keep paying, even if it takes you another 5 or 10 years. Banks are fine with low installments because it's convenient for them. The longer you keep paying back the more fees they can add to the loan.

[virasog]

When you lose your own money you feel the burden, but when you lose someone else's money you're going to have to deal with your mental state and also with them, so OP is right.
I'd rather face my own demons than someone else's.

Even losing all of your own money is a nightmare but when you have no money left with you and you put the loan money into gambling and lose it all, the situation is not imaginable, and you will fear how will be the emotions of that person who is in that situation.

I think that OP took a loan and gambled it away. Taking a loan to pay your debt to the casino is not a bad thing, since the casino can take you to court and make you pay court fees,

OP did not take the loan to pay the casino debt, he just gambled with the loan thinking he would increase the money. Yes, if you need to pay a loan and you can get another loan on easy installments, you can get help from it and lessen the burden on you but never use the loan money risk into gambling as that can be a disaster in case you lose in gambling.

[AmoreJaz]

Do you mean take out a loan to pay off debts that you have in gambling??

Perhaps this makes sense if you no longer play with this money, but pay off this loan with your salary, or another source of your income. But if you take out a loan in order to continue playing with this money, then this is a very bad idea.

a very bad move indeed. because if you will continue playing, the chance of losing more money is always there and so you will incur more debt and more interest. you are just digging yourself deeper. and that comes with more problems, not only to your mental state but with the people who rely from you. their life is also in jeopardy as you will put them in tight position. better think fast on how to get out of your situation before your life crumbles in front of you.

[GxSTxV]

Just damn, how people can get addicted and I’m one of them, I’m sorry for your nightmare and my 5 cents advice for you, try to get an extra job or learn something that can generate you more income to pay back your debts shortly. It’s not only gambling addiction, anything that can make a person happy and give him a good feeling we get weak against it and we chase it for long until it exhaust us.
I believe everyone here share a similar experience if he tried gambling, and from experience we learn. Unfortunately, some people get their first experience in in a very difficult way that makes them down down long. That’s why it’s so important for organizations and companies to do more effort in sensitization campaigns or ads. Speaking about promoting gambling and finding ads everywhere I think it’s important also to do the same for sensibility and teach people how to gamble responsibly to not get more situations like this.

[topbitcoin]

~

I would like to agree with you in this point that there is a big persons of people who are doing this same things. And it can be said that there is no doubt that they are addicted gambler. As we see OP confessing in his own self that he has become an addicted gambler. In fact, when people fall into greed, they cannot see right and wrong with their eyes, they live in the world of the blind and then they do such things. A sane gambler would never gamble on borrowed money. I hope that the OP's situation will make others who do similar things wary.

An incident that has befallen the OP, this is a lesson as well as a reminder for us to be more careful in playing gambling, and not to let gambling activities control our lives, but it is we who must control the gambling activities we do and be able to take responsibility for everything we have done and what we have determined before, namely deciding to enter the world of gambling. And it is never too late to be able to fix everything, if we have already fallen into gambling and often behave badly when doing these activities, then for our own good, we must be able and obliged to control these gambling activities to be better which does not cause considerable and significant losses. Because it is not the gambling that is wrong, but ourselves who are wrong in the assumption and interpretation of gambling, so that in the end we often behave greedily when playing gambling.

Quote "Wise people are those who are not only able to learn from what they experience, but are also able to learn from the experiences of others."

[bayu7adi]

I empathize with what you're going through. Two years is indeed a long time, and it's like being shackled by severe financial constraints. This can be a valuable lesson for all of us, emphasizing the real dangers of addiction. Even borrowed money should be used wisely to ensure smooth bill payments.

I sincerely hope you find a job with a good income soon to expedite the repayment of your debts. Also, I hope you won't repeat this mistake in the future. If I were in your position, I might feel deeply affected by such circumstances.

[shogun47]

I empathize with what you're going through. Two years is indeed a long time, and it's like being shackled by severe financial constraints. This can be a valuable lesson for all of us, emphasizing the real dangers of addiction. Even borrowed money should be used wisely to ensure smooth bill payments.

I sincerely hope you find a job with a good income soon to expedite the repayment of your debts. Also, I hope you won't repeat this mistake in the future. If I were in your position, I might feel deeply affected by such circumstances.

But the analysis of his wrongdoing is so exact that I wonder why he risked a period of two years necessary to recover in case it goes wrong. If you are able beforehand to calculate the cost of your action like that, I mean it also takes a lot to go for it if you know that it takes two years until you can finally breath normally again in terms of financials. On the one hand, it is a sad story because I wish nobody to have bad times ahead of them, but on the other hand it is a little bit shocking to see that he went for it regardless of the consequences.

[uneng]

I empathize with what you're going through. Two years is indeed a long time, and it's like being shackled by severe financial constraints. This can be a valuable lesson for all of us, emphasizing the real dangers of addiction. Even borrowed money should be used wisely to ensure smooth bill payments.

I sincerely hope you find a job with a good income soon to expedite the repayment of your debts. Also, I hope you won't repeat this mistake in the future. If I were in your position, I might feel deeply affected by such circumstances.

But the analysis of his wrongdoing is so exact that I wonder why he risked a period of two years necessary to recover in case it goes wrong. If you are able beforehand to calculate the cost of your action like that, I mean it also takes a lot to go for it if you know that it takes two years until you can finally breath normally again in terms of financials. On the one hand, it is a sad story because I wish nobody to have bad times ahead of them, but on the other hand it is a little bit shocking to see that he went for it regardless of the consequences.

He acted moved by emotion and ignored the rationality to evaluate the potential negative consequences of his decision. He was probably totally focused in recovering what he had already lost previously and the idea of borrowing money seemed the easiest and most immediate one to fulfill that goal.

It's not an uncommon phenomenon in gambling community. Many gamblers have already found themselves on this situation chasing losses and accumulating more losses yet on the process. I believe what we have to understand is that it's not easy for gamblers to think logically and wisely when they are under high pressure and adrenaline, so they go through the wrong route.

That is why it's so important to have a supportive network of familiars and friends who will discourage and prevent the person from acting during this unstable state of mind.

[Dickiy]

I empathize with what you're going through. Two years is indeed a long time, and it's like being shackled by severe financial constraints. This can be a valuable lesson for all of us, emphasizing the real dangers of addiction. Even borrowed money should be used wisely to ensure smooth bill payments.

I sincerely hope you find a job with a good income soon to expedite the repayment of your debts. Also, I hope you won't repeat this mistake in the future. If I were in your position, I might feel deeply affected by such circumstances.

Usually healthy people will only look for alternatives such as borrowing money when it is an emergency in the sense that it must be available at that  time and people in general will apply for loans to several services to at least help them from intolerable emergencies. The other thing is that if you're taking out a loan just to gamble I think it's absolutely  ridiculous, you know you're in a bad situation in terms of running out of money but on the other hand you're taking out a loan to allocate to something that basically has no certainty whatsoever.

Two years is a long time, and of course as you said this is really a very valuable lesson from a bitter experience, I hope we can also take lessons from the events experienced by others so that we do not fall into the same  hole or do not share the same fate as that person. I'm not sure if this is a good  idea or not, but I'm sure it's a good idea and I'm not sure if it's a good idea or not, but I'm not sure if it's a good idea or not..