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

[klidex]

It happened to some people. Hopefully, they will be able to get out of that problem.

Take that experience as a lesson and after solving that problem, don't even try it again, or else the loop will just be repeated.

While others are having a good result taking a loan and got a good win in gambling in return, that luck won't happened to everyone.

Chances are that most of those that try to take a loan to gamble will lose it very quickly, since it is obvious that they have a problem just for the fact that they asked a loan for an activity that we should only practice in the case we have the money to spare, and once they lose that money it will be difficult for them to not ask for another loan, until they get so much debt that paying it will take years or even a decade, so it is better to avoid that path at all costs as someone could easily ruin their lives if they decided to take it.

That's true, friend, in fact I have repeatedly reminded people not to play gambling games with borrowed money because it is very dangerous. Apart from the high interest rates, the borrowed money tends to run out quickly if we use it to make a profit in gambling or catch up on previous losses, borrow money to gambling is too risks, especially for people who cannot controls themselves because they will constantly try to borrow money to carry out their activities.

For people out there, I hope they can think clearly if borrowing money to gamble will be the initial ruin for them. If they can't pay back the loan money, they will lose all their assets to make up for the loan, and worse still, if the loan is too high, there is a high possibility that he will be sued by the authorities.

[Don Pedro Dinero]

That's true, friend, in fact I have repeatedly reminded people not to play gambling games with borrowed money because it is very dangerous.

I agree, and I think in the OP's case he should quit gambling for good. That he has come to borrow money to gamble, lose it and that it will take him two years to reverse that situation should make him consider it very seriously. When one reaches those levels of out of control the only solution is to quit for good, like the alcoholic whose solution is to stop drinking and never try a drop again.

To want to continue betting small stakes believing that he controls and that the same thing will not happen again is a direct road to ruin.

[Hirose UK]

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That's true, friend, in fact I have repeatedly reminded people not to play gambling games with borrowed money because it is very dangerous. Apart from the high interest rates, the borrowed money tends to run out quickly if we use it to make a profit in gambling or catch up on previous losses, borrow money to gambling is too risks, especially for people who cannot controls themselves because they will constantly try to borrow money to carry out their activities.

For people out there, I hope they can think clearly if borrowing money to gamble will be the initial ruin for them. If they can't pay back the loan money, they will lose all their assets to make up for the loan, and worse still, if the loan is too high, there is a high possibility that he will be sued by the authorities.

With the advice you give, can they understand and stop gambling with the money they borrow?
They to hide their gambling activities from the money they loan to you because they actually don't want to hear the advice and suggestions you give.
I have found quite lot of typical gamblers like that and indeed they will continue to do so if they haven't felt what the real damage or problems that are causing them difficulties are as result of gambling with borrowed money.
Moreover, they have the idea that what they are doing is the right action because when they realize that it is all the wrong action, I sure they will not do it and of course they can understand and apply every advice you give.

Sometimes I feel irritated and fed up with gamblers who have this type of behavior because they are difficult to direct and advise to become wiser gamblers.
But in the end they really get into trouble and what happens? they come to ask for help to solve the problem.
This is something that is truly shame, but that is the regret that always comes at the end of the story.

And clear thinking about every decision or action can only be had when the regret has arrived so that they try to change it for the better and avoid all these problems.

[slapper]

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That's true, friend, in fact I have repeatedly reminded people not to play gambling games with borrowed money because it is very dangerous. Apart from the high interest rates, the borrowed money tends to run out quickly if we use it to make a profit in gambling or catch up on previous losses, borrow money to gambling is too risks, especially for people who cannot controls themselves because they will constantly try to borrow money to carry out their activities.

For people out there, I hope they can think clearly if borrowing money to gamble will be the initial ruin for them. If they can't pay back the loan money, they will lose all their assets to make up for the loan, and worse still, if the loan is too high, there is a high possibility that he will be sued by the authorities.

With the advice you give, can they understand and stop gambling with the money they borrow?
They to hide their gambling activities from the money they loan to you because they actually don't want to hear the advice and suggestions you give.
I have found quite lot of typical gamblers like that and indeed they will continue to do so if they haven't felt what the real damage or problems that are causing them difficulties are as result of gambling with borrowed money.
Moreover, they have the idea that what they are doing is the right action because when they realize that it is all the wrong action, I sure they will not do it and of course they can understand and apply every advice you give.

Sometimes I feel irritated and fed up with gamblers who have this type of behavior because they are difficult to direct and advise to become wiser gamblers.
But in the end they really get into trouble and what happens? they come to ask for help to solve the problem.
This is something that is truly shame, but that is the regret that always comes at the end of the story.

And clear thinking about every decision or action can only be had when the regret has arrived so that they try to change it for the better and avoid all these problems.

It's complicated to understand gamblers' brains. We witness gamblers borrowing and gambling, stuck in an optimistic-desperate loop. Their desire for the next great win blinds them to their crushing debts. Can advice break this barrier? I doubt it. They gamble with their lives, relationships, and futures, not just money. The awful irony is that people rarely see the cliff until they're too close. But isn't this game of chance exciting? Perhaps we can relate to this rush? I don't condone irresponsible gambling, but many find it attractive

Receptiveness comes when they're at rock bottom. They seek financial aid and a lifeline from us. An repetitive pattern. Our role goes beyond advice-giving here. We anchor them and restore stability. Watching this repeating story is exhausting, even annoying. Remember that regret transforms. These insight moments might spark actual change. We must assist, guide, and remind them of the joy of responsible gambling. Instead of outlawing the game, learn to play it carefully to enjoy the action without the fall

[Iroh]

This is not just in gambling but also in investment, we should always remember to only risk what we could afford.
No matter how great we believe that we would gain profit from something, never risk what you could afford or take loans just to have a bigger capital and profit.
Even in business most of the small time business owners take loan to start of,  just imagine if the business didn't work out then they would just be in debt, only few could pull it of and be successful.

Taking out loans for business purposes is quite common and personally, I don’t think it’s that bad. Thinking about it, taking out loans for business purposes is sort of like a gamble cause whatever investments or business the loan is being taken out for could still come out as a loss. But it’s still a whole lot better than taking out loans for literal gambling purposes.
With a business loan, there is a much higher chance of paying back the loan while making bigger and better sales and services in your business.

[puloweh555]

This is not just in gambling but also in investment, we should always remember to only risk what we could afford.
No matter how great we believe that we would gain profit from something, never risk what you could afford or take loans just to have a bigger capital and profit.
Even in business most of the small time business owners take loan to start of,  just imagine if the business didn't work out then they would just be in debt, only few could pull it of and be successful.

Taking out loans for business purposes is quite common and personally, I don’t think it’s that bad. Thinking about it, taking out loans for business purposes is sort of like a gamble cause whatever investments or business the loan is being taken out for could still come out as a loss. But it’s still a whole lot better than taking out loans for literal gambling purposes.
With a business loan, there is a much higher chance of paying back the loan while making bigger and better sales and services in your business.

Loans are not always bad as long as the debt is productive, for example as you say for business. You can research all the average entrepreneurs, they go into debt to do business because the money will be easy to put into the business. But of course, for novice business people who don't have any knowledge about the debt business, this is not justified.

Debt for gambling is stupid in my opinion. There is no reason whatsoever to take out a loan to gamble because it is very risky and because gambling does not necessarily mean you will win. If we win, we can pay off the debt, but if we lose, we lose twice as much. Always bet within your means, don't push it too much.

[Shishir99]

Taking out loans for business purposes is quite common and personally, I don’t think it’s that bad. Thinking about it, taking out loans for business purposes is sort of like a gamble cause whatever investments or business the loan is being taken out for could still come out as a loss.

If you consider a business a form of gambling, then you should consider a whole life as a form of gambling too. Everything is gambling. You go out without knowing if you will die outside or not. You just gambled with your life. You start riding motorcycle without knowing if a truck will hit you and you may never come to your house. You gambled with your life again! Isn't it?

Taking loan for a business isn't gambling. But yeah, it depends on what business are you talking about. It depends on how much is the risk ration in particular business. We don't know which business are you talking about. Everything is gambling indeed!

[piebeyb]

Debt for gambling is stupid in my opinion. There is no reason whatsoever to take out a loan to gamble because it is very risky and because gambling does not necessarily mean you will win. If we win, we can pay off the debt, but if we lose, we lose twice as much. Always bet within your means, don't push it too much.

Yes, it's true that even a professional won't borrow money just to finance his gambling even though he's sure his bet will win, but he definitely won't make such a ridiculous decision because winning can't be obtained easily. Everything requires luck, so don't underestimate debt if you don't. If you have money, it's best not to try to gamble and bet on gambling because that will only torture yourself because you have used money from debt for gambling.

If you have other income, there is no problem having debt because you can still pay it, but if you don't have any collateral, it will only make the problem worse, especially if the loan was taken just to vent emotions to recover money that has been lost from previous gambling losses, it will not end well. Finally. Most people who die commit suicide in gambling because they are in huge debt and cannot pay it.

[bhadz]

Taking loan for a business isn't gambling.

I still consider this as a gamble. Especially if you're a starter and this is all that you've got, it's literally a gamble.

But yeah, it depends on what business are you talking about. It depends on how much is the risk ration in particular business. We don't know which business are you talking about. Everything is gambling indeed!

It's true that everything that has risk is a gamble. And that's why if someone considers to start up a business and takes a loan, that's gambling indeed. And if we're talking about entirely with gambling and taking a loan, someone who's going to do that will learn from his/her mistake.

[Altryist]

I agree, and I think in the OP's case he should quit gambling for good. That he has come to borrow money to gamble, lose it and that it will take him two years to reverse that situation should make him consider it very seriously. When one reaches those levels of out of control the only solution is to quit for good, like the alcoholic whose solution is to stop drinking and never try a drop again.

To want to continue betting small stakes believing that he controls and that the same thing will not happen again is a direct road to ruin.

It’s easy to say, but very difficult to do, and the most important thing is that the person himself wants it, without this there is no point in it. Perhaps outside help is needed here, to understand why the player continues to play, does he want to win back, or is the feeling of adrenaline important to him? As far as I know, after big losses, a casual player wants to get back what he lost, in which case it is necessary to explain to him in every possible way, that further play will only increase his losses, but sometimes it is too late when the player realizes this himself, he can make too many mistakes if he is not stopped earlier.

[killerfrost]

Man, losing your own cash at the casino is a gut punch for sure. It hurts, it stings, but at the end of the day, it's confined to your own wallet. You pick yourself up, dust yourself off, maybe eat some ramen for a week, but you get by. But losing borrowed money? That's like falling off your bike onto pavement, then rolling straight onto a bed of hot coals. The initial crash hurts, but then the searing pain of that debt just keeps burning, demanding your attention.

Now, I get it. Maybe the promise of a quick win clouded your judgment, or maybe things got desperate and this felt like the only way out. Whatever the reason, please know this: gambling with borrowed money isn't a shortcut to riches, it's a gamble with your future. It's like playing Russian roulette with your finances, and the odds ain't in your favor.

Learn from your mistake, dust yourself off, and remember: the casino might tempt you with shiny lights and promises, but true wealth comes from building something solid, one brick at a time. And hey, if you ever feel the urge to gamble, grab a board game instead. At least then, the worst you'll lose is a few hours and maybe a little pride.

[maydna]

Taking out loans for business purposes is quite common and personally, I don’t think it’s that bad. Thinking about it, taking out loans for business purposes is sort of like a gamble cause whatever investments or business the loan is being taken out for could still come out as a loss.

If you consider a business a form of gambling, then you should consider a whole life as a form of gambling too. Everything is gambling. You go out without knowing if you will die outside or not. You just gambled with your life. You start riding motorcycle without knowing if a truck will hit you and you may never come to your house. You gambled with your life again! Isn't it?

Taking loan for a business isn't gambling. But yeah, it depends on what business are you talking about. It depends on how much is the risk ration in particular business. We don't know which business are you talking about. Everything is gambling indeed!

You will have a short, medium, and long term plan when creating a business. If the business owner wants to take a loan to start his business, it has risks, but if he can control the risks, he can run his business and manage the risks. But if someone takes a loan to gamble, it is risky because no one knows when that person will win. He may be more likely to experience more losses than wins, so he doesn't need to take out a loan to gamble.

When we are gambling and experience defeat, we must be able to get rid of the thought of borrowing money from other people because that might only increase the number of losses we will receive. We also have no chance of winning from gambling so that it will pose a greater risk. We also have to return the borrowed money that we receive from gambling, so we should be really careful with borrowed money and not use it for gambling.

[boty]

It’s easy to say, but very difficult to do, and the most important thing is that the person himself wants it, without this there is no point in it. Perhaps outside help is needed here, to understand why the player continues to play, does he want to win back, or is the feeling of adrenaline important to him? As far as I know, after big losses, a casual player wants to get back what he lost, in which case it is necessary to explain to him in every possible way, that further play will only increase his losses, but sometimes it is too late when the player realizes this himself, he can make too many mistakes if he is not stopped earlier.

If someone doesn't want to stop gambling then it is very unlikely that other people will give them input to be able to stop gambling, so it is very important that if we want to stop gambling, people who are addicted have the desire from within themselves, then other people can help them to be able to. eliminate their gambling habits.
Yes, most people are people who have experienced defeat, of course they will continue to play to be able to win and cover their losses, but very rarely can they get this win, I have also done the same thing and have never been able to get a win after losing. It is important for us to be able to control ourselves when experiencing situations like this, because if we cannot control ourselves we will certainly experience many losses in the gambling we play.

[Ondekinecakabilirim]

It is not right to gamble with borrowed money. Also, we should not use bank loans to gamble. We should use them to meet our necessities. I think you have engaged in very wrong behavior. I hope you can repay your debt in a comfortable way and return to your normal life. I only gamble for fun. Most of the time I bet only the price of a cup of coffee, so I really see gambling as a hobby. I hope that your experience will be an example for others and that they will not repeat your mistake.

[Westinhome]

It’s easy to say, but very difficult to do, and the most important thing is that the person himself wants it, without this there is no point in it. Perhaps outside help is needed here, to understand why the player continues to play, does he want to win back, or is the feeling of adrenaline important to him? As far as I know, after big losses, a casual player wants to get back what he lost, in which case it is necessary to explain to him in every possible way, that further play will only increase his losses, but sometimes it is too late when the player realizes this himself, he can make too many mistakes if he is not stopped earlier.

It’s common one in all aspects,even the toughest task in our work was easy to say and hard to complete.The same was compared in the gambling here,if the gambler getting the winning in the continuous way.He can make the play for the longer period,or else he need to get the help of his friends again and again.Because only the gamblers know this fact,like the business the gambling also need money for the rotation.If he had loss some money,he need additional money to recover the same loss.But the gamblers should do this recovery process after some period,or else he would loss because of personal expenses.

[junder]

It is also not natural to borrow money to do gambling because it will only add serious problems and will also make it difficult for themselves with finances,  and if they are already difficult in terms of finance, of course this will have an impact on their own economy where basic needs are not met because the money available is only prioritized for gambling alone with them making gambling a priority in their lives it is not a good thing in my opinion, do not be rash with the actions that will be taken, especially by defending gambling to the point of daring to do something very risky, it is not the right action.

People who are addicted to gambling when they have money and feel that  it is not enough to pay debts,  they will probably return to gambling with the assumption that they can get money that can pay off debts and that is a wrong assumption, with such assumptions it will only make everything chaotic, where they always prioritize gambling in every way.

[xSkylarx]

It is not right to gamble with borrowed money. Also, we should not use bank loans to gamble. We should use them to meet our necessities. I think you have engaged in very wrong behavior. I hope you can repay your debt in a comfortable way and return to your normal life. I only gamble for fun. Most of the time I bet only the price of a cup of coffee, so I really see gambling as a hobby. I hope that your experience will be an example for others and that they will not repeat your mistake.

They are not thinking of the outcome of it and are blinded to hoping to win more of it and pay it off in no time. Maybe others do this, but I notice only those rich people can do this and pay it off but for us normal people you can't easily do  this and if you lose you have a hard time paying it off. That is why it is not recommended to do this. Mostly what I noticed about these people doing this is that they are addicted to gambling and are not able to control their emotions which is why this kind of person needs help.

[I_Anime]

Using loan money to gamble is always a red card. Doing that is never advisable how sure are you that you won't lose that cash like the way lose yours before thinking of carrying loans. So always try to control that urge of doing something that risky. Because doing that you might end up implicating yourself. For instance losing the loan you won't only feel the pain of losing the bet you also feel the pain of losing money that's not yours.

[vs2014]

Taking a loan to gamble is absolutely stupid and you expected a huge profit which is why you played again and again even after losing. You should keep separate money for the family and then you can invest the rest of the money in guaranteed gambling. Moreover your loan amount is not too high so you can repay it easily if you try. Gambling addiction can make people either rich or poor but maybe your forehead was worse. Not everyone is addicted to gambling like you and most people avoid taking loans now.

[AbuBhakar]

Using loan money to gamble is always a red card. Doing that is never advisable how sure are you that you won't lose that cash like the way lose yours before thinking of carrying loans. So always try to control that urge of doing something that risky. Because doing that you might end up implicating yourself. For instance losing the loan you won't only feel the pain of losing the bet you also feel the pain of losing money that's not yours.

It’s only wrong if you are taking a loan without any ways to repay it aside from winning from gambling using the borrowed money itself. Loaning a money for gambling  because you are still waiting for your salary while you want to advance your enterprise from gambling can be considered as not wrong unless the user keeps doing it in regular basis that result to consistent financial damage.

Overall, Loan for gambling is really not advisable because of its interest rate that’s why it’s better to wait for your money to come instead of doing it in advance but it’s not bad either if you are taking this loan on a rare occasion.