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Author Topic: Do not gamble with Loan Money~otherwise you will be in danger like me  (Read 4609 times)
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January 10, 2024, 10:11:18 PM
 #461

Gambling with borrowed funds is looking like you are risking yourself twice. We can also say seems like you are Double Downing with a 16 soft hand. Smiley Where you have a very low chance to win and if you lose it will be double.

Of course, gambling with borrowed funds increases the pressure and this also can force you to make some risky decisions because you must need to win to pay the loan.   
I can't see myself using borrowed money to gamble. That could be toxic to me but I think there are people who are good using borrowed money to gamble and they are cool with that. It makes sense when we use our own money to gamble and if we don't have any winnings, we can go back home and relax which is better that using funds that do not belong to us and losing could be tragic to us making ur overreact because the money could have been used for something better that will yield results. Everything thing in gambling is very risky and our decisions need to be analysed carefully so we don't make decisions that would hurt us later.
At most, i always try to stay away from loans and sometimes I may likely not even gamble with money that I did not set aside for gambling and since that be it I will not go for loans to gamble with since I know the under lying risks that is involved in gambling and how unpredictable it can be so taking loans means their is higher chances to default from paying since it's uncertain that you going to win the games.

So it's a red light for the lender and a potential lost on his side unless there is collateral to cover for the lose if there be inability to make repayments as at when due.
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January 10, 2024, 10:19:45 PM
 #462

It's hard to borrow money and then just use it for gambling, especially since we as gamblers know that the house always wins, not the gamblers. This is where we already know and see that the chances of us winning as casino gamblers are lower.

So those who only make such players in the casino to gamble and the money to be deposited in the gambling platform is from debt are those who are making themselves beat on their own heads. Let's learn from the mistakes made by other gamblers in events like this.

that's true, in my opinion just borrowing money is already difficult because in my opinion everyone is sensitive when it comes to money, and if you take out a loan to gamble it's not a good solution, because taking out a loan to gamble again will only add to the problem and also it will be more difficult for us in the future, in my opinion only stupid people do this, because they still hope to win from gambling so they dare to take this action which is very risky.
gambling does make a profit, but that amount only applies to the host, as a gambler who is only based as an ordinary player, in my opinion, don't get your hopes up, because high hopes can sometimes kill us, so in my opinion it's better not to be reasonable. excessive. The main key is the awareness that must be had, because with the awareness that they have, perhaps they will gamble appropriately, not excessively, let alone borrowing money to gamble, which is a stupid act.
There's no bad on taking up some loan specially if its really that been applied on good purpose or something that would really be worth, but for gambling? It would really be just that suicide.
Even lets say that you are really that able to repay those loans but i would say that it would really be never that worth. You are really that paying an interest and you are really that paying it for long term and come to think that busting up those amounts would already be that so easy or something that could happen in a blink of an eye and this is why its never been worth for you to make use of loan.
You are really just that keep piling of possible problems on which you might not really be able to resolve it out when it becomes that severe. You are really that making yourself
that putting into such danger when it comes to finances.

Borrowing is not bad as long as we know how to return borrowed money; the only problem is if it is used. Now the question is: is it bad to gamble? The answer is that it's not bad to gamble; it's just that we know that gamblers often lose in gambling, and there's no guarantee that we'll win.

This is the problem where we bet a large amount of money without knowing if we will win, and then when we lose, it causes a gambler to do bad things that can affect him and other people, and that has bad and adverse effects.




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January 10, 2024, 10:28:56 PM
 #463

Gambling with borrowed funds is looking like you are risking yourself twice. We can also say seems like you are Double Downing with a 16 soft hand. Smiley Where you have a very low chance to win and if you lose it will be double.

Of course, gambling with borrowed funds increases the pressure and this also can force you to make some risky decisions because you must need to win to pay the loan.   
I can't see myself using borrowed money to gamble. That could be toxic to me but I think there are people who are good using borrowed money to gamble and they are cool with that. It makes sense when we use our own money to gamble and if we don't have any winnings, we can go back home and relax which is better that using funds that do not belong to us and losing could be tragic to us making ur overreact because the money could have been used for something better that will yield results. Everything thing in gambling is very risky and our decisions need to be analysed carefully so we don't make decisions that would hurt us later.

I do not see it as a wise decision to gamble with a loan or borrowed money when you do not have any guarantee of winning a gamble. It is obvious that some gamblers do that and if you do a close check on them, you will realise they are addicted gamblers and that will keep them in mortgage. Gambling is not a quick alternative to wealth and that has been the mindset of some gamblers who have the ideology of keep trying one day it will pay off that is how they get deceived and keep gambling to the point of taking loans for gamble.

Until gamblers begin to see the risk involved in gambling, they would never think of it till they have an encounter that would cost them something meaningful that could help them in the future, that is when they realise that they have lost something and begin to mend their ways to stop gambling if at all they could.

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nara1892
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January 10, 2024, 11:52:43 PM
 #464

Well I will always see lending money as something that is not viable, therefore to assume having a good loan to be able to play is something that I consider a little irresponsible to play, there is nothing better than doing it with our own money, that is what The best thing that can be done, I personally would never do something like that, for me lending money has to be something strictly necessary and for an emergency, something like a medical issue, an operation like that, because it is something different, something that is really worth it. It's worth doing it, but I think that to play or do something in a casino I don't see it as correct, I really don't know how to explain it, but I start from the fact that when you want to lend money you have to look for something that is actually worth it, no. For whatever reason, that's just what I think, maybe my training since I was a child was always based on good customs, because money always has to be well managed, but to give yourself pleasure and lend money is not good.

Borrowing to gamble doesn't worth, the stress that walks with borrowing money isn't safe for gambling. Being in debt upsets the brain, especially for a person who doesn't know how to clear his debts. Those who have the money and borrows, may not be bothered like a person that doesn't have such money. The gambler that borrows to gamble in most occurrences ends up losing out all the money. It's preferable to borrow money when handling a project, not just relying on the loan alone, the person needs a back up. If things doesn't sit right, he'd used the backed up money to balance the debt. Op was only carried away by the fantasies of winning big. How he'd spend the money and still have some left for paying back his debt. Gambling with our money is better and rests the mind of the gambler to take the right predictions. Instead of being in a hurry in predicting games.

borrowing money just to gamble is not a really good idea, it's not worth it. You just take a rock and hit your head like that. Does anyone want to be in debt? Of course, no one wants to be in debt and reach the point where they can't pay, so I don't like those who borrow money just to gamble because they know it's too risky.

True, and it will actually make the possibility of risk even greater, plus on the other hand the actual fact is that the percentage of wins is much smaller than losses, and with that I think it's really not recommended if you borrow money just to gamble, don't go too far because after all gambling is nothing more than a game of chance, if there is certainty and guarantee to win then it's natural for you to do something like that but if the fact is that everything is still gray then I think it's really a very silly approach to gambling, On the other hand it is not uncommon to see addicted gamblers who end up with a lot of downturns, not only losing most of their assets but they also hold a lot of debt and what happens is the possibility of depression or even going crazy because they are unable to withstand all the pressure due to the situation, so the point is I hope you can fix the wrong mindset and perspective on gambling before it's too late and regret it.

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January 10, 2024, 11:59:14 PM
 #465

Gambling with borrowed funds is looking like you are risking yourself twice. We can also say seems like you are Double Downing with a 16 soft hand. Smiley Where you have a very low chance to win and if you lose it will be double.

Of course, gambling with borrowed funds increases the pressure and this also can force you to make some risky decisions because you must need to win to pay the loan.   
I can't see myself using borrowed money to gamble. That could be toxic to me but I think there are people who are good using borrowed money to gamble and they are cool with that. It makes sense when we use our own money to gamble and if we don't have any winnings, we can go back home and relax which is better that using funds that do not belong to us and losing could be tragic to us making ur overreact because the money could have been used for something better that will yield results. Everything thing in gambling is very risky and our decisions need to be analysed carefully so we don't make decisions that would hurt us later.

I do not see it as a wise decision to gamble with a loan or borrowed money when you do not have any guarantee of winning a gamble. It is obvious that some gamblers do that and if you do a close check on them, you will realise they are addicted gamblers and that will keep them in mortgage. Gambling is not a quick alternative to wealth and that has been the mindset of some gamblers who have the ideology of keep trying one day it will pay off that is how they get deceived and keep gambling to the point of taking loans for gamble.

Until gamblers begin to see the risk involved in gambling, they would never think of it till they have an encounter that would cost them something meaningful that could help them in the future, that is when they realise that they have lost something and begin to mend their ways to stop gambling if at all they could.
Its never been that wise in the first place and it would be always best that you should really know on what are the actions that you are making.Its never been sensible on taking up some loans
just for you to gamble. It would be that better that you do make out some loans when you are doing invesment but if not then its not really that wise on doing such thing. You are just basically making yourself that putting in much trouble if you do make out such decision. People wont really be that be able to learn up something until they would be able to experience those unfortunate conditions on which this had been always the main problem for most is that they do learn when its too late.

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January 11, 2024, 10:50:52 AM
 #466

Its never been that wise in the first place and it would be always best that you should really know on what are the actions that you are making.Its never been sensible on taking up some loans
just for you to gamble. It would be that better that you do make out some loans when you are doing invesment but if not then its not really that wise on doing such thing. You are just basically making yourself that putting in much trouble if you do make out such decision. People wont really be that be able to learn up something until they would be able to experience those unfortunate conditions on which this had been always the main problem for most is that they do learn when its too late.

Really people do not learn from peoples experience but rather would prefer having their own first experience before they could realise that they had made a mistake. The issue of obtaining loan is never a wise idea rather if one should go for a loan, it should be for investment purposes and not for gambling because it is not guaranteed that it might turn out to be a win in one's favour. I have never seen a situation where by a win spree is declared by a casino that one would muster that confidence to go for a loan so they could win a casino.

Casino games are always in-house victory in their favour and not for gamblers. So this is enough reason why as a gambler you should be wise and not seek for loan to gamble because your winning is not guaranteed and such casino would only end up taking from you what you have with them leaving you with nothing.

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Accardo
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January 11, 2024, 11:06:45 AM
 #467


Borrowing to gamble doesn't worth, the stress that walks with borrowing money isn't safe for gambling. Being in debt upsets the brain, especially for a person who doesn't know how to clear his debts. Those who have the money and borrows, may not be bothered like a person that doesn't have such money. The gambler that borrows to gamble in most occurrences ends up losing out all the money. It's preferable to borrow money when handling a project, not just relying on the loan alone, the person needs a back up. If things doesn't sit right, he'd used the backed up money to balance the debt. Op was only carried away by the fantasies of winning big. How he'd spend the money and still have some left for paying back his debt. Gambling with our money is better and rests the mind of the gambler to take the right predictions. Instead of being in a hurry in predicting games.

True, and it will actually make the possibility of risk even greater, plus on the other hand the actual fact is that the percentage of wins is much smaller than losses, and with that I think it's really not recommended if you borrow money just to gamble, don't go too far because after all gambling is nothing more than a game of chance, if there is certainty and guarantee to win then it's natural for you to do something like that but if the fact is that everything is still gray then I think it's really a very silly approach to gambling, On the other hand it is not uncommon to see addicted gamblers who end up with a lot of downturns, not only losing most of their assets but they also hold a lot of debt and what happens is the possibility of depression or even going crazy because they are unable to withstand all the pressure due to the situation, so the point is I hope you can fix the wrong mindset and perspective on gambling before it's too late and regret it.

Being in debt is stressful, people who owe money and are having a hassle paying back the debt, find it hard to concentrate in their endeavors. Gamblers, out of the stress and anxiety, would want to recover the lost money, hence they'll be able to payback. But due to the expenses in a man's daily activities, when the player wins, he'll find it hard to pay his debt. As he may have accumulated series of debts from different people and organizations. Gambling with loan is wrong. One needs to be sure of his moves before taking loan. Despite that it's not advisable to rely on loan in any activity we want to venture into. The addicted players may have gotten addicted to taking loan such that they will rarely gamble using their own money. The finances used for gambling now revolves around borrowed money.

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January 11, 2024, 12:02:22 PM
 #468

It's hard to borrow money and then just use it for gambling, especially since we as gamblers know that the house always wins, not the gamblers. This is where we already know and see that the chances of us winning as casino gamblers are lower.

So those who only make such players in the casino to gamble and the money to be deposited in the gambling platform is from debt are those who are making themselves beat on their own heads. Let's learn from the mistakes made by other gamblers in events like this.

that's true, in my opinion just borrowing money is already difficult because in my opinion everyone is sensitive when it comes to money, and if you take out a loan to gamble it's not a good solution, because taking out a loan to gamble again will only add to the problem and also it will be more difficult for us in the future, in my opinion only stupid people do this, because they still hope to win from gambling so they dare to take this action which is very risky.
gambling does make a profit, but that amount only applies to the host, as a gambler who is only based as an ordinary player, in my opinion, don't get your hopes up, because high hopes can sometimes kill us, so in my opinion it's better not to be reasonable. excessive. The main key is the awareness that must be had, because with the awareness that they have, perhaps they will gamble appropriately, not excessively, let alone borrowing money to gamble, which is a stupid act.
There's no bad on taking up some loan specially if its really that been applied on good purpose or something that would really be worth, but for gambling? It would really be just that suicide.
Even lets say that you are really that able to repay those loans but i would say that it would really be never that worth. You are really that paying an interest and you are really that paying it for long term and come to think that busting up those amounts would already be that so easy or something that could happen in a blink of an eye and this is why its never been worth for you to make use of loan.
You are really just that keep piling of possible problems on which you might not really be able to resolve it out when it becomes that severe. You are really that making yourself
that putting into such danger when it comes to finances.

Borrowing is not bad as long as we know how to return borrowed money; the only problem is if it is used. Now the question is: is it bad to gamble? The answer is that it's not bad to gamble; it's just that we know that gamblers often lose in gambling, and there's no guarantee that we'll win.

This is the problem where we bet a large amount of money without knowing if we will win, and then when we lose, it causes a gambler to do bad things that can affect him and other people, and that has bad and adverse effects.

It is a fact that many gamblers experience defeat, and it is also true that there is no guarantee of winning in gambling. and with the large number of people they lose in gambling, this makes gambling look bad, so there are people who borrow money to gamble. If they don't gamble too much, obviously they won't experience big losses, but in reality everything turns around a lot those who gamble excessively so that there are people who dare to take big risky actions such as borrowing money just to gamble.

What is called gambling is a game of chance so it is clear that we cannot predict whether we will win or lose,  but it is very likely that we will lose because the chance of winning is smaller than the chance of losing. and those who cannot accept defeat make them experience many losses which ultimately lead to financial difficulties for themselves.

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January 11, 2024, 01:30:55 PM
 #469

Really people do not learn from peoples experience but rather would prefer having their own first experience before they could realise that they had made a mistake. The issue of obtaining loan is never a wise idea rather if one should go for a loan, it should be for investment purposes and not for gambling because it is not guaranteed that it might turn out to be a win in one's favour. I have never seen a situation where by a win spree is declared by a casino that one would muster that confidence to go for a loan so they could win a casino.

Casino games are always in-house victory in their favour and not for gamblers. So this is enough reason why as a gambler you should be wise and not seek for loan to gamble because your winning is not guaranteed and such casino would only end up taking from you what you have with them leaving you with nothing.
If they prefer to experience their own experience, they have to feel the bitter reality where they get that experience through themselves. But it's different if they can learn from other people's experiences so they don't have to feel it because maybe they won't find a way out. After all, the scenario will be different from the one they will face. If they can learn from other people's experiences, at least they can think about a way out and won't be confused about finding a solution if they experience it because they have already found a way to solve the problem.

Casino games are gambling games that require money to start, although people can use the demo mode to play gambling games. That means they don't need to borrow money from other people, which could burden them when they want to pay the money, especially if they experience a lot of losses. Hopefully, they can realize what they have done and start reducing their gambling activities for their own good.

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January 11, 2024, 01:39:32 PM
 #470


Borrowing to gamble doesn't worth, the stress that walks with borrowing money isn't safe for gambling. Being in debt upsets the brain, especially for a person who doesn't know how to clear his debts. Those who have the money and borrows, may not be bothered like a person that doesn't have such money. The gambler that borrows to gamble in most occurrences ends up losing out all the money. It's preferable to borrow money when handling a project, not just relying on the loan alone, the person needs a back up. If things doesn't sit right, he'd used the backed up money to balance the debt. Op was only carried away by the fantasies of winning big. How he'd spend the money and still have some left for paying back his debt. Gambling with our money is better and rests the mind of the gambler to take the right predictions. Instead of being in a hurry in predicting games.

True, and it will actually make the possibility of risk even greater, plus on the other hand the actual fact is that the percentage of wins is much smaller than losses, and with that I think it's really not recommended if you borrow money just to gamble, don't go too far because after all gambling is nothing more than a game of chance, if there is certainty and guarantee to win then it's natural for you to do something like that but if the fact is that everything is still gray then I think it's really a very silly approach to gambling, On the other hand it is not uncommon to see addicted gamblers who end up with a lot of downturns, not only losing most of their assets but they also hold a lot of debt and what happens is the possibility of depression or even going crazy because they are unable to withstand all the pressure due to the situation, so the point is I hope you can fix the wrong mindset and perspective on gambling before it's too late and regret it.

Being in debt is stressful, people who owe money and are having a hassle paying back the debt, find it hard to concentrate in their endeavors. Gamblers, out of the stress and anxiety, would want to recover the lost money, hence they'll be able to payback. But due to the expenses in a man's daily activities, when the player wins, he'll find it hard to pay his debt. As he may have accumulated series of debts from different people and organizations. Gambling with loan is wrong. One needs to be sure of his moves before taking loan. Despite that it's not advisable to rely on loan in any activity we want to venture into. The addicted players may have gotten addicted to taking loan such that they will rarely gamble using their own money. The finances used for gambling now revolves around borrowed money.
Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.



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January 11, 2024, 02:15:00 PM
 #471

Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.
I think it's safer for me to gamble with the money I have than to gamble with a loan. Gambling with a loan from others involves a lot of stress, like losing the gamble to repay the loan to the borrower.  If you gamble with your own money, even if you lose, there is no tension, so I never think of gambling with a loan. If anyone thinks of gambling with a loan, it is a big mistake.


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January 11, 2024, 02:41:34 PM
 #472

Well I will always see lending money as something that is not viable, therefore to assume having a good loan to be able to play is something that I consider a little irresponsible to play, there is nothing better than doing it with our own money, that is what The best thing that can be done, I personally would never do something like that, for me lending money has to be something strictly necessary and for an emergency, something like a medical issue, an operation like that, because it is something different, something that is really worth it. It's worth doing it, but I think that to play or do something in a casino I don't see it as correct, I really don't know how to explain it, but I start from the fact that when you want to lend money you have to look for something that is actually worth it, no. For whatever reason, that's just what I think, maybe my training since I was a child was always based on good customs, because money always has to be well managed, but to give yourself pleasure and lend money is not good.

Borrowing to gamble doesn't worth, the stress that walks with borrowing money isn't safe for gambling. Being in debt upsets the brain, especially for a person who doesn't know how to clear his debts. Those who have the money and borrows, may not be bothered like a person that doesn't have such money. The gambler that borrows to gamble in most occurrences ends up losing out all the money. It's preferable to borrow money when handling a project, not just relying on the loan alone, the person needs a back up. If things doesn't sit right, he'd used the backed up money to balance the debt. Op was only carried away by the fantasies of winning big. How he'd spend the money and still have some left for paying back his debt. Gambling with our money is better and rests the mind of the gambler to take the right predictions. Instead of being in a hurry in predicting games.

Even when handling a project, taking a loan can still be very risky as you haven’t even known if the project will scale as you imagine, not to mention directly staking money you took from loan. It can work but that’s a dangerous thing to do. Personally I don’t like the idea of deb because it feels like bondage. I suggest everyone should avoid debt by all cost. And if you must take a loan, be realistic.

I completely agree with you, loans are something that can make us have a life based on negative things, everyone who lends is stressed all the time, owing money is not a good thing, in any case they are always very stressed and Pretty bad, that's something that doesn't allow the employees to move forward, because everything is based on the fact that they have to do things in order to be very focused on it, many people say that when they owe money they can't even live in peace, of course when they have the responsibility to pay , because there are some who are late in payments and are worse than ever, so that is not the idea, the idea is that things can flow and do things well in daily life, also when they are late in payments and if they are paying loans + interest, because they will not be able to pay capital, that is something that has many aspects and is hard.

Now, if being on a loan and at the expense of a Casino to play is something that I do not see well, in fact it is something that admits a lot of irresponsibility and something that should not be done, therefore when we are in a In a situation like this, we should do everything possible to get out of it, there is nothing worse than having things done like this, I always recommend looking for a way not to lend money for games, I consider that you should do what is necessary to avoid These types of things, of course we must lend in situations that are quite strong, for example for a medical emergency, for an emergency of another type , but basically an emergency , one day when my wife was pregnant it was very difficult for me to get the money , That's why I will always see things that way so that it can be necessary to be with everything right, there is no way that things can happen right when there is a loan and associated with the fact that it was for a game , it is like throwing money Away , with things to consider before making any move.

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January 11, 2024, 02:48:45 PM
 #473


Borrowing to gamble doesn't worth, the stress that walks with borrowing money isn't safe for gambling. Being in debt upsets the brain, especially for a person who doesn't know how to clear his debts. Those who have the money and borrows, may not be bothered like a person that doesn't have such money. The gambler that borrows to gamble in most occurrences ends up losing out all the money. It's preferable to borrow money when handling a project, not just relying on the loan alone, the person needs a back up. If things doesn't sit right, he'd used the backed up money to balance the debt. Op was only carried away by the fantasies of winning big. How he'd spend the money and still have some left for paying back his debt. Gambling with our money is better and rests the mind of the gambler to take the right predictions. Instead of being in a hurry in predicting games.

True, and it will actually make the possibility of risk even greater, plus on the other hand the actual fact is that the percentage of wins is much smaller than losses, and with that I think it's really not recommended if you borrow money just to gamble, don't go too far because after all gambling is nothing more than a game of chance, if there is certainty and guarantee to win then it's natural for you to do something like that but if the fact is that everything is still gray then I think it's really a very silly approach to gambling, On the other hand it is not uncommon to see addicted gamblers who end up with a lot of downturns, not only losing most of their assets but they also hold a lot of debt and what happens is the possibility of depression or even going crazy because they are unable to withstand all the pressure due to the situation, so the point is I hope you can fix the wrong mindset and perspective on gambling before it's too late and regret it.

Being in debt is stressful, people who owe money and are having a hassle paying back the debt, find it hard to concentrate in their endeavors. Gamblers, out of the stress and anxiety, would want to recover the lost money, hence they'll be able to payback. But due to the expenses in a man's daily activities, when the player wins, he'll find it hard to pay his debt. As he may have accumulated series of debts from different people and organizations. Gambling with loan is wrong. One needs to be sure of his moves before taking loan. Despite that it's not advisable to rely on loan in any activity we want to venture into. The addicted players may have gotten addicted to taking loan such that they will rarely gamble using their own money. The finances used for gambling now revolves around borrowed money.
Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.
I have been subjected to such a situation and have not been able to repay my loan till now. I don't know how many years it might take me to pay it off. Because it was a very big amount for me. And that's why I shared my real experience here.  Everyone only shares their winning stories to attract others but no one ever shares their losing stories which is why many new gamblers do not hesitate to jump into gambling without thinking. so everyone should be very careful about gambling activity

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January 11, 2024, 02:54:45 PM
 #474

Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.
I think it's safer for me to gamble with the money I have than to gamble with a loan. Gambling with a loan from others involves a lot of stress, like losing the gamble to repay the loan to the borrower.  If you gamble with your own money, even if you lose, there is no tension, so I never think of gambling with a loan. If anyone thinks of gambling with a loan, it is a big mistake.
Gambling with any money no matter it is from a loan, a salary, you get it for free can be a big mistake if you do not know how to gamble and manage the money responsibly.
Even if with a loan, as long as you can manage the money responsibly, it is not a big mistake.
It will be a big mistake if you think that you will be able to repay the loan with the money you win from gambling.
Lets say I take a loan for gambling, but I know that I'll be able to repay it because I will get some money from a salary or from other sources and the money I take from the loan is only lets say 10% from the money I'll receive, is it a big mistake?

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January 11, 2024, 02:57:06 PM
 #475

Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.
I think it's safer for me to gamble with the money I have than to gamble with a loan. Gambling with a loan from others involves a lot of stress, like losing the gamble to repay the loan to the borrower.  If you gamble with your own money, even if you lose, there is no tension, so I never think of gambling with a loan. If anyone thinks of gambling with a loan, it is a big mistake.
Indeed, we often face increased pressure to win when we gamble with borrowed funds in order to pay back the loan, which also means we may have to pay interest and other fees. And this pressure we experience may push us to engage in riskier behavior, such as impulsive gambling, which can be harmful to our financial and personal well-being. If we lose, we have this emotion of regret and guilt because they are the ones that will awaken our conscience, and we will decide what to do just so that we can recover our victory and pay off our debt. Because of this, we ought to carefully consider if a course of action will assist us or if it will only make our situation worse before doing so. Perhaps we will end up like the other people who died and were posted in the forum because of gambling losses. It's also possible that he had debts, and in the end, his family suffered as a result of his reckless actions. This will serve as a lesson to gamble responsibly.

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January 11, 2024, 03:00:49 PM
 #476

Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.
I think it's safer for me to gamble with the money I have than to gamble with a loan. Gambling with a loan from others involves a lot of stress, like losing the gamble to repay the loan to the borrower.  If you gamble with your own money, even if you lose, there is no tension, so I never think of gambling with a loan. If anyone thinks of gambling with a loan, it is a big mistake.

Usually with loan money everything goes wrong as it is like a curse,every person who playes with borrowed money loses in the end and I agree people who play with money that are not of their own usually have not success in gambling.I have not read any story anywhere in the world or internet that a person won the jackpot with borrowed money.The best is to use money you have at your disposal,never chase the lost money with your available money or even worse with borrowed money.

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January 11, 2024, 03:39:44 PM
 #477

Really people do not learn from peoples experience but rather would prefer having their own first experience before they could realise that they had made a mistake. The issue of obtaining loan is never a wise idea rather if one should go for a loan, it should be for investment purposes and not for gambling because it is not guaranteed that it might turn out to be a win in one's favour. I have never seen a situation where by a win spree is declared by a casino that one would muster that confidence to go for a loan so they could win a casino.

Casino games are always in-house victory in their favour and not for gamblers. So this is enough reason why as a gambler you should be wise and not seek for loan to gamble because your winning is not guaranteed and such casino would only end up taking from you what you have with them leaving you with nothing.
If they prefer to experience their own experience, they have to feel the bitter reality where they get that experience through themselves. But it's different if they can learn from other people's experiences so they don't have to feel it because maybe they won't find a way out. After all, the scenario will be different from the one they will face. If they can learn from other people's experiences, at least they can think about a way out and won't be confused about finding a solution if they experience it because they have already found a way to solve the problem.

Casino games are gambling games that require money to start, although people can use the demo mode to play gambling games. That means they don't need to borrow money from other people, which could burden them when they want to pay the money, especially if they experience a lot of losses. Hopefully, they can realize what they have done and start reducing their gambling activities for their own good.

These days, learning from peoples experience saves stress and makes one keeps abreast of happenings as it bothers around such activities. In scenarios as this, it is unwise to just take it upon oneself to do such. Borrowing to gamble does not sounds normal. It is just like one rubbing their hands in excretes when you are given water to wash your hands. Gambling is not a bad idea but that should not warrant you to get addicted to the point of going after a loan to gamble. If it is okay for one to look into gamblers histories, one would be able to learn from it and use it as a guide if they still deem it fit to gamble. But however like they say experience is a teacher only a reasonable person would learn from that experience and not act otherwise. OPs case should be a lesson as well.

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January 11, 2024, 06:03:12 PM
 #478

Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.
I think it's safer for me to gamble with the money I have than to gamble with a loan. Gambling with a loan from others involves a lot of stress, like losing the gamble to repay the loan to the borrower.  If you gamble with your own money, even if you lose, there is no tension, so I never think of gambling with a loan. If anyone thinks of gambling with a loan, it is a big mistake.

Usually with loan money everything goes wrong as it is like a curse,every person who playes with borrowed money loses in the end and I agree people who play with money that are not of their own usually have not success in gambling.I have not read any story anywhere in the world or internet that a person won the jackpot with borrowed money.The best is to use money you have at your disposal,never chase the lost money with your available money or even worse with borrowed money.
logically, gambling using your own money without a loan always results in defeat and a gambler must understand this, that gambling using borrowed money is the same as making life more complicated, there will be no resolution, as in many cases, gamblers start betting with borrowed money worth $100 and lose, then borrow $200 from someone else to catch up on the loss and so on until it becomes a very large amount.
well, a small mistake but a gambler often doesn't realize that this small thing can make a gambler poor and lose all his valuables just to cover his loan.

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January 11, 2024, 06:14:17 PM
 #479

<snip>
You have to see the context of what this means, just thinking that borrowing money to be placed in a casino is something that is logically not right, I only see it as fine if you are a rich person and you forgot Carry money in your wallet or something like that, it is the only way you can accept, that you can borrow the money that is necessary and then the things that are given while playing if you lose them, then that person goes for your wallet and pays that money, It is the only way to see it well, but for a common person, who has a medium to low economy, that is something very irresponsible, because after that debt the most likely thing is that they will have to get into another debt because they have to go out Lending money to pay it immediately, and possibly paying very high interest so that you can put it well as collateral, apart from asking for collateral is risking the value of it, I believe that things should not be like that, it should be another way.

As I have said on other occasions, when things are not about money, you have to treat them with great care and not do things for the sake of doing them, do them well thinking about the consequences, I am not saying anything about lending money for some emergency, It is something normal, and it is considered good, to get out of the urgency, but lending to play is an act of scoundrel, because obviously there are options that are more priority, and not everything has to be given to enjoyment, pleasure, and Normally when money is lent the person tends to spend it all and lose it, being left with very empty hands and pockets, that is what we usually have to think about before doing anything, so before playing we have to have a lot of responsibility, a lot of restraint. and above all take care of things that could affect us later, that is why not only in the case, but in any eventuality in life we must be responsible people with ourselves, and not put things like that.


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January 11, 2024, 07:00:33 PM
 #480

Losses are more than gains in gambling so when someone gambles with loans and loses them, it is very difficult for him to pay back the money and it creates more pressure for him.  And that's why he doesn't hesitate to do any kind of illegal work because he has to pay that loan at any cost. No one will forgive him his loan. So I agree with the op that gambling on loans would never be logical and a good experience.
I think it's safer for me to gamble with the money I have than to gamble with a loan. Gambling with a loan from others involves a lot of stress, like losing the gamble to repay the loan to the borrower.  If you gamble with your own money, even if you lose, there is no tension, so I never think of gambling with a loan. If anyone thinks of gambling with a loan, it is a big mistake.
Gambling with borrowed money is just another way of multiplying the debt because most likely the money will be lost. The first thing every gambler must do is to ensure he has sufficient funds for his needs before venturing into gambling. Unfortunately, many people gamble with money that are not theirs hoping to win and pay their debts thereafter, enjoy the balance. This hardly work as planned!

There is a strong psychological barrier that is attached to playing with funds you cannot afford to lose. It is the source of fear and anxiety and presents a thin line to depression. As much as possible, we should avoid gambling with funds that are not ours.

R


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