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Author Topic: Pay off DEBT by do Gambling? think again before you loss more  (Read 1808 times)
Ludmilla_rose1995 (OP)
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January 30, 2024, 10:58:07 PM
 #1

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

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January 30, 2024, 11:02:50 PM
 #2

I have a friend back in school that told me he used his school fee money to gamble because he wanted to double it and use the profit for big boy things. He gambled all at ones and lost it all.

We heard on this forum about a school person that gambled with his school fees. He lost and killed himself.

It is not good to gamble because you want to earn money.

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wallet4bitcoin
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January 30, 2024, 11:04:26 PM
 #3

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

For you to gamble, you need a complete output of your sense. Your mental health has to be perfectly alright as well as other senses of that culminates into a healthy balance. If, for any reason, you are under pressure, you are most likely to make irrational decisions and losses will be incurred.

If you want to pay off DEBT by gambling, as long as you are under pressure to pay off debt, there are tendencies that you will loose the capital.

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January 30, 2024, 11:08:17 PM
 #4

pay debts using gambling winnings. the debt is not paid off but the debt is getting more and more. because gambling is not a job that can make money consistently and continuously. of course, because it is not a job and the source of income cannot be relied on to pay debts.


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January 30, 2024, 11:08:47 PM
 #5

This story of yours about your friend actually reminded me of years back when my brother used his school fees to play gamble and there was no way for him to ask my dad for money because my dad has already given him money for his textbooks and handouts including his allowance for the month, so he called me and explained to me about the challenge he had so i actually gave him some money but he used it to chase his school fees loss and he still losed the more and that was how he has been borrowing money from his friends and tried to recover the school fees money but to no avail so what this situation is trying to let us know is that one shouldn't chase losses as you might keep losing more should you continue and one shouldn't borrow money to cover up a debt as you might run into series of debts while trying to settle your initial debts through gambling.

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January 30, 2024, 11:12:38 PM
 #6


It is not good to gamble because you want to earn money.

There’s nothing wrong with gambling to make money; in an ideal world, people generally gamble to make or earn money. The biggest mistake would be gambling because you desperately need to raise some funds; you will make many misjudgements and end off worse
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January 30, 2024, 11:14:12 PM
 #7

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
Taking gambling to means a way of getting financial help is a big risk in itself and anyone that takes such rout will always end up in more loses that he can recover from, so for that hard it been that your hanging out friend have savings he would have also gamble it away just the way he did in this time, and not only your friend but so many other people act this way, by taking gambling to become they means of getting out of financial problems which have proven to be a bad step since there is no assurance of winning the bet.

I don't and I can't take gambling to mean what it is not, just like I have always said, gambling should be done for fun and that is why you must stake an amount of money that you can afford to lose, so why then will someone who is already indepted want to gamble, I think gambling at that point will drag him into more loses on the long run.
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January 30, 2024, 11:16:30 PM
 #8

These are the silly mistake people regularly do because they thought gambling is bed of roses without knowing they are risky more besides why not he used that money borrowed to go sorts out his rent than going to put into online slot where he can't give any account of the money borrowed from someone. We often gives ourselves unnecessary pressure because you can't how possible you could win from the gambling if at all there is a chance to win that very day.. what gave him that right or boldness to gamble thinking to double the money?

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January 30, 2024, 11:17:58 PM
 #9

There’s nothing wrong with gambling to make money; in an ideal world, people generally gamble to make or earn money. The biggest mistake would be gambling because you desperately need to raise some funds; you will make many misjudgements and end off worse
Gambling should be done not to make money, it should be done for fun. Most people that are addicted want to use gambling to make money is there problem and some of them are not in desperate need of money until gambling has collected enough from them. If you want to try and make money from gambling, do not go beyond weekly budget of 1 ro 5% that can not affect you emotionally and financially if you lose it.

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January 30, 2024, 11:19:34 PM
 #10

he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application
Desperate moves comes with unfortunate outcome, its always the same, much worst is he do it with gambling. Trading or doing it with business will have more better results than gambling.

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January 30, 2024, 11:23:18 PM
 #11

Your friend is in sane needs to be properly brought about gambling who told him gambling works that way where he would go borrow to gamble and expect to win something very large to cover up his expenses and house rents, who does that?
Did he know the implications of losing the whole money to gambling site or does he really plans to pay back the borrow from his friend, I know too well that he could be looking for elsewhere to go borrow money to continue gambling.


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January 30, 2024, 11:24:12 PM
 #12

pay debts using gambling winnings. the debt is not paid off but the debt is getting more and more. because gambling is not a job that can make money consistently and continuously. of course, because it is not a job and the source of income cannot be relied on to pay debts.

but there is something i have heard, someone pays off their debts by gambling, but the percentage of people like that is very small, however, trying to pay off debts by gambling is a risky act, you will only be depressed because of your great desire to win and things like this which makes you blunder, instead of winning you fall deeper into the debt trap.

what @oshosondy  said is very true, gambling should only be done for fun. if you gamble for the purpose of making money then your chances of success will be very small.

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January 30, 2024, 11:33:52 PM
 #13

Sometime people can be so naive in their ways of reasoning and I don't know the kind of sense they have to go loan some certain amount to gamble think some nice slice would get out of it or whatever, why can't they reduced their trust and zealousness to receive additional profit from gambling while they knew very well that gambling isn't a game to be trusted with a whole heart without at least showing itself over time in a man's life.

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January 30, 2024, 11:35:35 PM
 #14

Well, in the last few months in my country, many people from my country have constantly appeared on the news channels in my country committing suicide because they borrowed money and went to play aviator and lost everything. The police in my country are investigating these cases, but from what I could understand is that these people who committed suicide because they took out a loan and played in the aviator and lost, they were police officers, so the government of my country will not investigate too deeply so that Don't be ashamed. This is probably because the person giving the loan must be a high-ranking police officer with great influence in the world of crime and he probably threatens the people who take the loan with him.

This would be the only acceptable explanation for why there are many suicide cases involving police in my country and in loans and gambling. It is a very serious and regrettable situation, just 4 days ago another case of suicide involving a 23-year-old police officer who took out a loan and took all the money and threw it in the aviator and lost everything, then wrote a letter to the family in which He apologized and killed himself, in the letter he confessed everything, but I highly doubt that the police in my country will investigate this. These are clear cases that show that in Gambling you should only play with money that you can afford to lose

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January 30, 2024, 11:43:26 PM
 #15

I'm sure that person has been addicted for a long time because he failed to pay the rent of his house every month so that when it was due he went back and forth looking for a loan but with a little money in his hands there was hope that playing slots could multiply it, so it was excessive.

Gambling will not help you financially, you will lose, so some people gamble for fun, not for sudden needs, so that's the wrong mindset for some people, including your friend.

I often encounter people like this and sometimes borrow money from friends with big capital to play slots in the hope that he can win big, but that fact is wrong.

Once,, again gambling with ready to lose and you should be happy if you win or lose because this is part of the fun.

R


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January 30, 2024, 11:44:49 PM
 #16

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
It appears that he has resorted to gambling because he needs quick cash to pay off his debts, and no one in your group is willing to lend him the money he needs. Therefore, he has chosen to try his luck in the hopes of winning some money.

I understand that lending money to a friend to pay off their debt is not a good idea as it can lead to more debt. If someone were to ask me for money in such a situation, I would also decline. Instead, I would seek help from our mutual friends to pool money and assist the friend in need. This approach prevents them from resorting to gambling as a solution to their financial problems.

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January 30, 2024, 11:56:27 PM
 #17

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

Those people thinking about that must be crazy since how can they pay their debts if they lose their money from it its like double black eye to their problem since instead they pay their debt thru the money used for gambling  they lose it.

And to much desperation can cause a lot of troubles that's why I guess its really better not to make that people lend anymore so we can save them for more troubles also he can learn a lesson for what he do as well he realize that he should never do this action again. Also we should never let our debt sleep and we should pay it on time specially if we have money so that we would never get any huge problem with that issues.

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January 31, 2024, 12:41:15 AM
 #18

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

Indeed, gambling is not a solution to overcome the problems experienced. Regarding this, surveys have proven a lot. More than the many experiences that have been experienced by people who dare to take risks to solve their problems by gambling with the thought of winning big, the results are quite a few who become increasingly problematic because they fail to win as planned.

Owing money to other people is strictly prohibited if the aim is to play slot gambling where the system has been regulated. Even going into debt for trading is also something that needs to be avoided if you don't want problems one day, even though trading can still be done with a strategy that has been mastered by the trader.

The pressure will increase if the courage to take risks like this is not appropriate.

R


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January 31, 2024, 12:49:20 AM
 #19

For me it's always been about fun, and wanting to feel the feeling of winning, no matter the amount really. Recently tho, I acquired some FUN, since it's the closest I can get to owning a part of Casino atm, so I guess there are elements of investment in my gambling now too.
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January 31, 2024, 01:03:23 AM
 #20

People often think in the short term when deciding to gamble to increase the amount of money. They think that by gambling, they can win a lot of money. They don't realize it will only make them lose all their money.

The story above is an example of not using gambling to make money. It won't always go the way we want. We'd better look for a job that can make money. Or we can sell personal items to meet emergency needs. If you want to gamble, you should allocate a certain amount of money and not aim to make money.

We can lose all the money by gambling and not be able to make money. That will just mean we can't do anything with the money. And in the end, we will regret having lost all the money.

.
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January 31, 2024, 01:58:04 AM
 #21

pay debts using gambling winnings. the debt is not paid off but the debt is getting more and more. because gambling is not a job that can make money consistently and continuously. of course, because it is not a job and the source of income cannot be relied on to pay debts.

Paying debts using winnings from gambling is fine but trying to pay debt from gambling is a big mistake. These are two different cases and the case in this topic is not the one you wrote that I've bolded but the rest is good. Perhaps you did not mean to say like that (the one in bold) but you made like that paying debts from gambling winning is bad while it is not bad because we are free to use our winning from gambling for anything.

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January 31, 2024, 02:17:48 AM
 #22

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
Many people who struggle with gambling addiction often ignore important messages like this one. Despite reminders that gambling is not a sustainable way to pay off debts, bills, rent, and other expenses, they continue to gamble in the hopes of making quick money. Rather than seeking alternative sources of income and saving the money they have, they gamble it away, hoping to double their winnings. Unfortunately, this often leads to losing all their money and having nothing left to show for it.


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January 31, 2024, 02:33:47 AM
 #23

Paying debts using winnings from gambling is fine but trying to pay debt from gambling is a big mistake.
Exactly. We should not rely in gambling to pay our debts because it is a game of chance, quite risky and there's no assurance to double your money. That particular guy put himself into a worst situation for using the money in gambling because he do believe he can double his money in snap.

The first rule is only use the money that you can live without. Therefore we should not be too hopeful when we gamble our money. This is, if you really know what you're getting into and aware how it works.

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January 31, 2024, 02:41:17 AM
 #24

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

That is really not a good decision he made, I mean it just like you have said the chance to win is very small. Besides that he just lost all of it instead add the sum of his money to pay the debt he will now own nothing.
and I do believe know he had some depression lost in gambling but the debt still there.

Is he have gambling addiction?

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January 31, 2024, 02:45:05 AM
 #25

There is a very simple rule: you cannot risk what you have and what you need for your existence in order to acquire excess. This is one of the wise rules of risk management. If we take the money we need to buy food, pay for utilities, or pay for school fees and start putting this money at risk, then sooner or later we will lose everything.
     Yes, there is a small chance that we will win. But as a rule, this is also a bad scenario. After such a win, a person gets excited, which leads him to even more disorderly trading. The worst thing, although it sounds paradoxical, is when a beginner gets lucky several times at the very beginning. You know, this happens often. The newcomer begins to believe that he is God and will always be lucky. Most likely after this he will lose everything.
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January 31, 2024, 02:58:43 AM
 #26

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
Again, it's all about risk, and as in your friend's situation, his back is against the wall and he only thinks that gambling could only be the way out. Unfortunately for him, the result didn't go his way. However, there is this one legendary story and I think it has been shared it already: The Founder Of FedEx Saved The Company From Bankruptcy With His Blackjack Winnings!. This is probably one of the exception, but I guess your friend and others have horror stories gambling in hoping that they will double their money and so at least they will be able to pay their debts. But in the end, this is a lessons to everyone that gambling is not the way out for the majority of us.

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January 31, 2024, 03:27:33 AM
 #27

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
A great lesson for your friend. The best teacher in this life is experience. Sometimes people deliberately do some certain things which is naturally not good in hope of achieving U realistic dream, but blame devil for their ignorant. What he did was intentional, he knows that the chances of winning is 50 /50 yet he went ahead. I believe with this experience he will not try it again except he is not yet terrified about it. It is advisable to pay off any outstanding loan and be free from it before gambling. Gambling is a game of luck and not a do or die affairs. So let learn to do what is Wright at the right time to avoid stories.

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January 31, 2024, 03:27:47 AM
 #28

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

It is often seen that if we think of getting some financial gains from gambling like paying off the debt or getting some extra money for our expenses through gambling, the gamblers usually end up losing instead of winning. I do not know the reason for this as maybe the gambler has too much burden on him that he has to win and due to this, the good luck never favours him and he ends up losing his capital.

Alternative to this, some gamblers we see have no such winning target or financial needs, they just go out and gamble randomly and such people win also. I do not understand if the free mind has something to do with the good luck  Roll Eyes

I have always heard stories here that someone gets a loan to gamble and he loses. I never heard a successful story of a gambler getting a loan, winning, paying off the debt and keeping the winning profitable amount with him. Either people do not want to disclose when they are winning, or maybe people never win in this situation.

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January 31, 2024, 03:31:41 AM
 #29

Gambling is not for everyone, I have had lot of terrible experience while gambling in the past so as I am now, it is ultra difficult for anyone to convince me to start gambling again due my ugly experience I have had in the past, but that's by the way, when as an individual you bet with what you cannot afford to lose in the name of you want to pay of your debt, I can bet you that you are venturing into more difficult situation, because betting a money you cannot afford to lose is very bad and it has it disastrous effect on you as a person, and most of the suicide case we have heard concerning gambling is always trace down to gambling what they can't afford to lose, which they will eventually take their own life because they don't know how to face that ugly situation in their lives.

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January 31, 2024, 03:50:07 AM
 #30

If you have debt, you should not think about making money from gambling because that is not a solution to making money. It will only make you more frustrated when you lose because gambling is not a place to make money. You should look for a job that can make money to pay off your debts so that you don't lose money because of gambling.

By gambling, you will have difficulty winning, let alone making money, so that is not the way to make money. We have to remember not to think about gambling so we can have money because we can lose money from gambling.

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January 31, 2024, 03:51:34 AM
 #31

Pay off DEBT by do Gambling?

Well, that's one major way of getting yourself into a serious debt trouble. It's a trap, everybody know that, but there actually some people who gamble with the devil because he's been in a huge debt that having another debt to pay the other is not feasible anymore.
It's either a win and pay off debts or another dead end.
Totally not advisable.
Gambling debts are the worst debts of all. Others perceived it as the only salvation to pay off all debts.

R


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January 31, 2024, 04:24:20 AM
 #32

The story sounds like one of the typical ones people make up in this section, but since I can't know for sure it's a fabrication I'll take it for granted.

Of course, if you are having trouble paying your monthly mortgage the last thing you should do is gamble as a way out of your situation. Most likely with a very high probability is that it will end up even worse, as it seems so from what the OP says.

Many people who struggle with gambling addiction often ignore important messages like this one. Despite reminders that gambling is not a sustainable way to pay off debts, bills, rent, and other expenses, they continue to gamble in the hopes of making quick money. Rather than seeking alternative sources of income and saving the money they have, they gamble it away, hoping to double their winnings. Unfortunately, this often leads to losing all their money and having nothing left to show for it.

That's right, the solutions you mention are good options, and leave gambling as an entertainment that in a specific moment can give you extra money, but not as a way out of your problems.

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January 31, 2024, 04:39:28 AM
 #33

Many people who struggle with gambling addiction often ignore important messages like this one. Despite reminders that gambling is not a sustainable way to pay off debts, bills, rent, and other expenses, they continue to gamble in the hopes of making quick money. Rather than seeking alternative sources of income and saving the money they have, they gamble it away, hoping to double their winnings. Unfortunately, this often leads to losing all their money and having nothing left to show for it.

That's right, the solutions you mention are good options, and leave gambling as an entertainment that in a specific moment can give you extra money, but not as a way out of your problems.
I didn't mention any solutions, but rather the common behaviors exhibited by most gamblers. Often, the remaining money they have is used for their desire to continue gambling, which is a significant mistake they tend to make. This kind of problem is quite common among gamblers.


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January 31, 2024, 04:50:39 AM
 #34

The lesson we can get from your friend's experience is the same old lesson that we've been reminded of again and again. And that's never to gamble what you can't afford to lose.

I don't understand why people gamble what small amount they have simply because it's not enough for an expense. To gamble it is to lose it. So rather than gambling, one should find ways to make more money. Gambling is not designed for gamblers to make money whenever they need it. It's designed for gamblers to transfer their money to casinos.

Desperation doesn't necessarily mean losing reason.

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January 31, 2024, 05:29:28 AM
 #35

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
It would really be that a suicide if you do make it as an option on which it would really be just make things even more worst. Unless, if you would really be that lucky on that time then you might be able to pull out.
This is why it would really be that best that you shouldnt really make gambling as your option on trying out to pay up some debts.  Instead on making out to resolved the problem it would really be making it worst.
This is why it would be ideal that you should really be looking for some alternative solution for such problem rather than making gambling as your last resort. Its not ideal and it is really just that suicide.

I have those kind of thoughts back in the past when i do have some due dates but i havent made myself my emotion controls me because on the time that you would really be having those kind of
solution seeking in a bit on a desperate way you would really be ending up even more deeper problems. It is really just that impossible that someone cant really be able to mind off about those probabilities
on which you do really make your own choice whether you would really be that trying out to proceed on or wouldnt really be mindful about its effects.

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January 31, 2024, 05:31:24 AM
 #36

We can't blame them, but in sad reality, this is what the people who own a gambling establishment or online casino are taking advantage of. They are taking advantage of the people's desire to have a lot of money through gambling and also of the desperation of the gamblers. and the OP's friend is one of the examples of gamblers who become desperate, and the only option he thinks is to gamble, even knowing the risk of losing money. Imagine the pressure and feeling of losing money from gambling, and worst of all, that is the only money you have left. Did the example do it right? Why would you risk your last dollar? In a bad situation, the feeling would be crashing for that gambler, but it's his fault he risks it, and then he pays for the consequence. So the important advice here is that if you are desperate to have money, then stay away from gambling because it will bring nothing good.

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January 31, 2024, 06:29:18 AM
 #37

Without realizing it, he had fallen into a hole which created new problems, gambling is not a place to get money instantly, but gambling is a place of entertainment where you can get money if you are lucky. The hope of getting money or wealth instantly has caused the money that should be used to pay the house installments to disappear instantly, this thought needs to be avoided to prevent new problems from arising.
When you are in a tight situation, you need to prioritize common sense in order to maintain financial stability. There are many other ways to earn extra money than taking risks by dancing on a double-edged sword.

R


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January 31, 2024, 06:29:49 AM
 #38

A very big mistake.
I won't recommend doing this. Gambling is not something we run into so that we can fix our problems. Worse, it will add more problems to us just like what happened with your friend.
The winning chance is so low that we would rather pick another way to risk our money. Gambling is a high-risk, high rewards kind of thing, and sure, it could be a solution if you get lucky but at what expense?
Sometimes our minds are clouded by the offer that it brings but when we start gambling we will know that there's no such thing as winners in gambling. Most of the time we are losers because if we are not losers then the business could not run anymore. That's reality. They will take our money without any remorse. This is the reason why gambling should be for entertainment purposes only, not something that could save the day. I've seen situations that are the same as your friend and all I could say is they also made a big mistake afterward. There's only a small amount of people who are successful at doing this. The lucky ones.

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January 31, 2024, 07:09:20 AM
 #39

There are so many stories like this. They are being controlled by their desperation that's why they are doing gambling even if they don't really gamble or has no plan to gamble. Doing gambling has it's own risk but spending the money that shouldn't be used in doing gambling is an additional pressure that can be also converted to risk.

One reason why we do gambling is to earn money but on a perspective on doing gambling because a gambler need to pay a debt is not good reason to do gambling. You can make quick money on gambling but it doesn't mean that you should do it especially if the money you have shouldn't be used on gambling.
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January 31, 2024, 09:58:44 AM
 #40

Basically, instead of turning to gambling when strapped for cash, your friend could've considered getting a loan, selling stuff, or finding a part-time gig. These options are more practical and reduce the chances of digging a deeper financial hole. It's about making smarter moves to tackle debts without taking unnecessary risks

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January 31, 2024, 10:37:13 AM
 #41

only people with low minds have thoughts of wanting to double their money in gambling with the aim of paying off debts.
cases like this often happen and what's worse is that someone who has the intention to gamble doubles his money to pay off his debts by luck getting a large multiplier and can pay off his debts and in this case he will definitely have the idea that gambling can help pay off his debts and will continue to gamble if he has financial problem.
It is clear that gambling is just a place to try your luck by having fun and also not to double your money, but if someone has thoughts like this I think it is a stupid thought that is not worth imitating because it is very misleading to oneself.
for some reason there are a lot of cases nowadays where people are thinking about doubling their money in gambling and there was a thread asking about gambling as a career which for me was ridiculous.
how is it possible that we can double the money when gambling will make money for the casino owner not to give money to the customer unless gambling in the poker game beats other opponents.

It's sad to see your friend who needs money to pay off his debts but by gambling and you should forbid him from doing that because I'm sure your friend hasn't been a gambler for too long so he doesn't understand how gambling works and only has thoughts of doubling his money.
there's no harm in trying your luck at gambling, but don't use money that will be used for daily needs because you will definitely lose and after that you will feel regret and guilt and become emotional and chase after your defeat.
advice for anyone, don't think that gambling can double your money, but use gambling as a place to try your luck with money left over from daily needs and don't try to think about paying off debt by gambling.

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January 31, 2024, 11:06:30 AM
 #42

I think it is not uncommon for people to come and engage in gambling with the initial intentions and goals like your friend who gambled with the aim of winning to pay off debts, however this is a wrong and stupid mindset. Gambling is always nothing more than a game of probability or profit - profit that does not have any certainty at the end of the session especially on winning, everything there is nothing more than a "possibility" and this is the reason why it is absolutely not recommended for anyone to put goals and hopes that lead to earning in gambling, none other than because the risks that are there are far unbalanced in the sense that it is very large which actually makes you experience a worse situation.

For those who come with the aim of winning I am sure that they are too focused on winning so as to ignore or rule out the possibility of risk which is clearly always inseparable in gambling, after all gambling is always about the possibility of two things at the end of the session namely winning or losing, so of course as I said above that it is a ridiculous decision if someone comes with the hope of winning especially with the aim and intention of paying off debt. However, gambling is not a solution to any problem, especially debt, because the risks involved simply do not allow a person to realize their wishes.

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January 31, 2024, 11:59:44 AM
 #43

unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application
What is this? Is this a kind of game like a slot that are available on online gambling sites or casinos?


The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

The rules are very simple, yet we make it complicated. It's never gamble what you can afford to lose, and borrowing to gamble already break the rules. Well, there are people who makes stupid mistakes like this because they are so courageous, optimistic, whatever you call it, but stupid because they only see the positive outcome, unfortunately it's the negative that happened. It should be a lesson learn.

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January 31, 2024, 12:17:25 PM
 #44

Doubling your money by gambling is the stupidest way to get more money, because gambling is risky and at any time you can lose. Especially in games like slots, it is a game with a low win rate, if you are planning to double your money in this type of game that relies on luck like slots then you should think twice because it is quite difficult to get money in this game. Just never pay off debt by gambling, because you will never win, unless you have god-level luck.

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January 31, 2024, 12:22:20 PM
 #45

It takes a lot of luck to achieve what you want when doing this kind of decision. It's a lot of risk to gamble the remaining money you have, especially when you're in need. Sometimes hopelessness and being greedy surrounds us when we're in our deepest situation. Probably it's the reason why risked the only money he have since he was so desperate to have money that fast. However it's a 50-50 situation, either you win or you lose. Or maybe not even 50-50 since it will depend on the odds and the possibility of you winning. And if you can't afford to lose it, better not do it.  Now, instead of him only needing a certain amount, he was left with nothing and will be needing more to pay off his installment.
To be honest, I feel like he has other options but still decided to go with gambling. Idk how his installment works but maybe it's possible to delay it for some days, or ask for a cash advance, or borrow to other relatives or family. it's also his desire to get easy money by trying his luck in gambling.
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January 31, 2024, 12:39:52 PM
 #46

It takes a lot of luck to achieve what you want when doing this kind of decision. It's a lot of risk to gamble the remaining money you have, especially when you're in need. Sometimes hopelessness and being greedy surrounds us when we're in our deepest situation. Probably it's the reason why risked the only money he have since he was so desperate to have money that fast. However it's a 50-50 situation, either you win or you lose. Or maybe not even 50-50 since it will depend on the odds and the possibility of you winning. And if you can't afford to lose it, better not do it.  Now, instead of him only needing a certain amount, he was left with nothing and will be needing more to pay off his installment.
To be honest, I feel like he has other options but still decided to go with gambling. Idk how his installment works but maybe it's possible to delay it for some days, or ask for a cash advance, or borrow to other relatives or family. it's also his desire to get easy money by trying his luck in gambling.
Extreme luck you do say on which this is a do or die kind of choices on which it would neither solve out your problem or would really be making it worst on which we know that gambling isnt something that could really give out that kind of solution when it comes to debt problems or any financial hurdles on which if you do put up yourself on such choice or resort then it might be ended up instead on extreme disaster on which it would really be leaving you on having those regrets which you didnt expect for it to happen. If you do get yourself that too dedicated on gambling then you should
really know the consequences if things turns out to be negative.

This is why as much as possible if you do able to resolve out problems on other methods as much as possible. You cant really be able to put up yourself on such
trouble if you are really that mindful on every actions you are making.

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January 31, 2024, 12:40:26 PM
 #47

Going into debt to gamble or gambling to win and paying off debts are two different things that have quite significant negative impacts, they will only receive various bad results if they continue to have this approach and mindset.
Gambling has greater risk of losing and if the aim of gambling is to be able to pay off debt then it will be the same as hoping to make gambling place to make money, this is clearly big mistake that should not be made.
Moreover, debt is an agreement that is matter of full responsibility to be paid back according to the agreed time and if we dare to go into debt then we must be able to have sense of responsibility to pay it, we must be able to have more certain income such as doing business or working.
That way, there will be certain amount of money that can be earned and can be collected consistently for the purpose of paying off number of debts that we already have, after all, if don't have the ability to make money consistently and definitely, it would be better not to take out loan.
It quite bad mindset to use gambling as place to make money and be able to pay off loan.

My advice is that under any circumstances and no matter how difficult the conditions regarding financial matters, never once in while have the thought or hope of gambling with the aim of multiplying money because it will be more difficult and the risks and consequences are much worse.

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January 31, 2024, 12:42:29 PM
 #48

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application
When you are in need of money, don’t gamble with the little amount you are having at the moment, because you have high chances of losing your bet at that particular time, gambling shouldn’t be a activity which you do to increase your money, after gambling and losing, the amount which your friend will be looking for to complete his house rent will have increased, the best thing which your friend should have done is to keep the money he was having with him, then look for ways to source for the remaining amount and pay his house rent. Some people don’t really know what gambling is about, and they do end up gambling at the wrong time.

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January 31, 2024, 12:50:07 PM
 #49

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

This correct. Gambling has a house advantage that will surely make every player lose in long term. Above all he play on slot games which we all know that is the hardest game to win due to its nature of pure luck and house edge.

I consider slot games as the real killer on among all the casino games because it rarely pays huge amount while it frequently consumes your bankroll slowly and surely. I’d rather play on table games or sportsbook rather than slot games that I don’t have any option to improve my winning probability using my thinking skills. Your friend is still lucky that he didn’t manage to get a loan because there’s a high chance that he will use it to gamble because he resorted on gambling even with small amount of money on his wallet.

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January 31, 2024, 01:00:11 PM
 #50

I think it is not uncommon for people to come and engage in gambling with the initial intentions and goals like your friend who gambled with the aim of winning to pay off debts, however this is a wrong and stupid mindset. Gambling is always nothing more than a game of probability or profit - profit that does not have any certainty at the end of the session especially on winning, everything there is nothing more than a "possibility" and this is the reason why it is absolutely not recommended for anyone to put goals and hopes that lead to earning in gambling, none other than because the risks that are there are far unbalanced in the sense that it is very large which actually makes you experience a worse situation.

For those who come with the aim of winning I am sure that they are too focused on winning so as to ignore or rule out the possibility of risk which is clearly always inseparable in gambling, after all gambling is always about the possibility of two things at the end of the session namely winning or losing, so of course as I said above that it is a ridiculous decision if someone comes with the hope of winning especially with the aim and intention of paying off debt. However, gambling is not a solution to any problem, especially debt, because the risks involved simply do not allow a person to realize their wishes.

that's true, in fact I think many people are like this, they take the initiative to double their money in gambling so that they can have enough to pay off the debt they have, and as you said, this is indeed wrong thinking and more precisely maybe it is stupid, because legally gambling, winnings cannot be obtained according to desire, so when they need money for anything it doesn't mean they have to double it on gambling because that is the wrong action. and perhaps they hope that gambling can solve all their problems.

The habit of gamblers is to ignore and ignore the risks that exist, they tend not to look at losses and risks, but it could also be that they are aware of the risks in gambling, but they can still cover these risks with the belief they have about the big win that will come. got it. I agree with you, gambling is not the solution to all the problems in life related to finances, this is just a paid game and with winnings you can only get a bonus but it is not certain.

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January 31, 2024, 01:19:34 PM
 #51

Unfortunately, there are people who think the way your friend thinks. Its very possible to double or even triple the money used to gamble but the chances are extremely slim and not in the favor of the gambler. You’re more likely to lose your money than to have that win. It’s not a risk anyone looking to pay off a debt or a pressing bill should consider taking.
For someone who has a stable source of warning an income, It’s much better taking out a loan from the bank if friends and family doesn’t come through than to use what you have left to gamble.

They’ve been tales of people who made similar mistakes and how they regretted their actions as it almost always doesn’t end well. But it seems such stories haven’t made much of an impact on gamblers as some still tow the same path, making the same or similar mistakes.
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January 31, 2024, 02:13:56 PM
 #52

This is the wildest thing one could ever think of. Imagine paying your debt with something that can potentially leave you into more debt. Well anyway, some people make it work to them, but this is not applicable to everybody. You're better off just doing it normally like having a job then paying off the debt with your salary, rather than take a chance and a huge risk without any certainty of getting anything back.
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January 31, 2024, 02:15:31 PM
 #53

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application
Your friend must have been desperate to try gambling so he could pay his house installment, that's the worst thing you can do, and it's depressing if you lose the money, he could have requested the landlady to give him time and their other ways but gambling is never a good way to try so you can pay your debt, your friend's case is not isolated there are people who out of desperation turn to gambling because they have prior experience that they won a lot of money and it saves them from their debts or monetary needs.

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The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, and the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. Looking for loans, selling your valuables, or looking for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
If you are gambling with a huge pressure to win on your shoulders, there's a possibility that you'll go nuts if you lose the amount and based on my experience and I guess the experience of the other players, you are likely to lose if there is a big pressure to win, which is why the term chasing your losses comes in, you cannot accept your losses, so you will try to chase your losses that will result to more losses.
I hope your friend is ok this is the kind of situation that every gambler should avoid at all costs.

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January 31, 2024, 02:24:05 PM
 #54

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

Definitely, thats the kind of experience he will have, lol. One thing I understand about gambling is that you might not win or double your money at that moment when your mind is just glued to multiplying your staked amount and leaving.

At some point, I even started to think that casinos usually read our minds to know our gambling intentions Roll Eyes. For example, if you just want to gamble, win, and leave, that's the moment you will lose all your money, and you will feel tempted to keep gambling so that you can at least gain back the money you have lost so far.

Judging by what you said, @OP, your friend is not a gambler, so why did he feel convinced that he could multiply his money with gambling? I have no doubt that someone might have told him or advise him to try gambling. The lesson to also learn here is that you should not follow every piece of advice that you get from people. Indirectly, some people might be envious of you, and they will do anything to make sure they see you fail. If you follow the advice of such a friend, you can just end up in a big mess.

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The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

It's better to even get a job and look for some side hustle that can earn you at least small incom, when put together, you can still pay your debts.

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January 31, 2024, 02:28:24 PM
 #55

This is the wildest thing one could ever think of. Imagine paying your debt with something that can potentially leave you into more debt. Well anyway, some people make it work to them, but this is not applicable to everybody. You're better off just doing it normally like having a job then paying off the debt with your salary, rather than take a chance and a huge risk without any certainty of getting anything back.

maybe that's what happens when a person is desperate and can't really think of a reason to get money, because if he has a stable income, he can't think of gambling to get money to pay his debts. Just like what you have said, the idea of doing gambling to earn money will be a possible reason to lead him into more debt, so It's better to seek another legit and stable income so he can save enough money for his debts, rather than doing gambling which is unstable and we didn't know when we will win and lose



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January 31, 2024, 02:33:03 PM
 #56

Debt payment should be from stable income. Gambling is not a stable income at all.

However this context is very common, because many people take loans to fund their gambling games with the hope that they will double it and pay back with interest while the rest is their money to keep. This does not always work out and when things go South, they take another loan to pay back the old one.

This cycle of debt does not stop and eventually the gambler finds themselves in a tough spot to come out of. Hence taking a loan to gamble or trying to pay back a loan by gambling should be avoided.

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January 31, 2024, 02:43:50 PM
 #57

Look at the bright side, the casino earns money from your friend and it will help the casino to become bigger, the casino employees will get paid and hopefully the casino will not layoff their employees. Cheesy

Unfortunately, there are people who think the way your friend thinks. Its very possible to double or even triple the money used to gamble but the chances are extremely slim and not in the favor of the gambler. You’re more likely to lose your money than to have that win. It’s not a risk anyone looking to pay off a debt or a pressing bill should consider taking.
If I were someone who desperate to double or triple my money, I'd choose to gamble on shitcoins where I still have a probability to earn instead of gambling where you almost have no chance to make money.

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January 31, 2024, 02:50:33 PM
 #58

That's the wrong way, if you hope to be able to pay off your debts by gambling, I also once had a friend like that, he was unemployed but he was diligent in gambling every day, I don't know until now I'm still confused about how he financed his gambling while he still had a lot of debt. which includes having debts with my uncle, I also don't know how to advise him even though he also has bills such as his vehicle that he has to pay for every month.

I think people like this will usually have a lot of problems in the end, maybe for now he is still smart in managing strategies for turning his money around, whether from loans from person to person to cover other debts as well as finance his gambling, sometimes he also often wins but he has more experienced defeat, a few days ago he made an offer to me, he wanted to sell his motorbike to pay someone's debt but I didn't buy it because I knew he wanted to finance his gambling again. As much as possible, it is best for friends like that never to lend them money so that they learn and stop gambling.

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January 31, 2024, 02:54:54 PM
Last edit: February 05, 2024, 02:56:56 AM by borovichok
 #59

Basically, instead of turning to gambling when strapped for cash, your friend could've considered getting a loan, selling stuff, or finding a part-time gig. These options are more practical and reduce the chances of digging a deeper financial hole. It's about making smarter moves to tackle debts without taking unnecessary risks

Impatience has pushed so many people into gambling to save a situation but, it has created more problems than it solved. I was having a lunch break with a friend yesterday and during the break, I transferred $6500 he has asked me to his account to enable him carry out a project since he needed that money to complete the money he needs for the project. I got angry when he told me he needed an additional $1000 because he had used $850 to gamble and $150 to settle a bill. Most people with challenges have always hoped gambling saves but there are better options as @Natsuu has noted.

Personal observation shows that 97% of people who gamble under pressure tend to lose and only 3% have been lucky to win while gambling under pressure so nobody should subject himself to gambling under pressure because you may not fall under the 3% lucky ones. The anger of losing in gambling if not controlled can lead to a greater desire to gamble to get back on a high. Thereby, losing everything.

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January 31, 2024, 03:02:26 PM
 #60

A similar type of thing has been discussed here many times. It is never advised to take a loan to gamble or think to recover your lose by gambling. We do not control our luck. Mostly gambling depends on luck and unfortunately, the player has less chance to win. Winning is never guaranteed. So, if you invest your last money in gambling with the hope that you will win some money so you can pay off your debts with the money you would win by gambling, you should understand that winning is never guaranteed. If you lose it again, you won't be able to pay your debt. You could have paid off your debt withe the money you have just gambled. So, it's better not to gamble with your last investment.
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January 31, 2024, 03:07:07 PM
 #61

Basically, instead of turning to gambling when strapped for cash, your friend could've considered getting a loan, selling stuff, or finding a part-time gig. These options are more practical and reduce the chances of digging a deeper financial hole. It's about making smarter moves to tackle debts without taking unnecessary risks
Borrowing money also needs to consider our own payment conditions, many people mostly ignore this factor and the most common path is to borrow money from society and society is a place where they only seek to exploit and do not consider the moral and emotional aspects, deadlock will turn gambling into a forced choice, and once again society pushes more golden words to rob us of what is left. Debt is something that needs to be localized quickly and reduce the interest rates it can generate, at least provide convincing conditions for work so that the bank can consider and relatives can help

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January 31, 2024, 03:17:27 PM
 #62

finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application


I've experienced this, even recently. I had a loan on the forum and I used it to gamble and it all ran out because I was quite ambitious at that time. It was really bad but luckily I was able to pay back some of my loan the following week. This was a bad experience for me and I will not repeat it again

Of course doing something like that carries a huge risk, it is very difficult to get big wins, especially on slot machines. Slot machines are brutal, if we are unlucky then everything will run out and that will only add to new problems, often when we gamble under pressure or ambition what we get is losses.

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January 31, 2024, 03:28:08 PM
 #63

A similar type of thing has been discussed here many times. It is never advised to take a loan to gamble or think to recover your lose by gambling. We do not control our luck. Mostly gambling depends on luck and unfortunately, the player has less chance to win. Winning is never guaranteed. So, if you invest your last money in gambling with the hope that you will win some money so you can pay off your debts with the money you would win by gambling, you should understand that winning is never guaranteed. If you lose it again, you won't be able to pay your debt. You could have paid off your debt withe the money you have just gambled. So, it's better not to gamble with your last investment.

investing money in gambling and hoping that later you can win from it is like betting your fate on something that is uncertain, if you win then you will be able to get more money but if you lose then you will lose all your money. because the results are uncertain, gambling all your money, especially to pay debts, is an action that should not be taken because there is a chance of losing all your money and you will not be able to pay your debts. So instead of taking the risk of losing money like that, it's better to just pay the interest first (if you can't pay your debt in full) don't gamble that money away.

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January 31, 2024, 04:01:22 PM
 #64

It's been said so many times before, don't gamble for money making purposes, I know that money is forever a reason why most people gamble, my question is how has this benefit you so far? Most times you lose and few times you won but do you have anything to show for it? I think the answer is a no, because most gamblers whom purpose of gambling is making money always get greedy, when they win they will always be back to win more.

If you are in debt and gambling is the only thing you can think about, believe me, you are just getting started with debt in your life, you will probably keep paying debt till your last breath on earth, this is the painful truth about gambling with the hope of making more money, you shouldn't do it for the money but for the fun.

You will found peace with gambling the day you accept that gambling can't make your rich when your whole mind is on getting rich from gambling, your mind fixed on the winning will get you corrupt, and you will make haste decisions.

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January 31, 2024, 04:26:38 PM
 #65

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

I pray that I will not be in this kind of situation, this is a gambler's nightmare you should not tempt your chances what if you win is hard to accomplish if you put pressure on yourself to win, I don't know based on my experience when I'm trying to win, I get a long run of losses but when I'm more relax and leave everything to what will happen, that's when I strike a lot of winning, kind of usual but it happens.

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The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

Gambling is never an answer you should never look for the answer on gambling because it will bury you like what happened to your friend, never think of gambling as a way to solve your issue, and never think of gaining something from gambling, because in gambling winning come unexpectedly and when you try to expect to win its losses that will come to you.

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January 31, 2024, 04:35:47 PM
 #66

No offense, but in my opinion your friend took a very reckless choice in counting on literal gambling to solve his funding problem. It simply does not make sense to me he would do that, unless he was very badly informed about how gambling works and the actual odds he had to win over the house.
I makes me wonder whether the shared his plans to anyone around him, by the way, to me this is the kind of behavior anyone in the right state of mind would certainly disapprove and advice not to do it.

Anyways, whatever happens to your friend, I hope he manages to recover from that decision he took and learnt one of the most fundamental lessons about gambling. In the end, noone is supposed to gamble seeking for profits, specially with money one does not actually own.
To me it is kind of surprising how you managed to know about this loss suffered by your friend, if I was him I would be so embarrassed I would rather never to talk to it openly.




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January 31, 2024, 05:00:06 PM
 #67

I have already gone into gambling in order to collect enough money to pay bills, and it has actually worked for a while. Although the more you do this, closer you reach from the so feared long term, that is when gamblers can't overcome the house and start losing all the progress achieved so far. So, inevitably at some point it won't be possible to collect money to pay off debt anymore, therefore this practice is totally discouraged due to not being sustainable and due to creating more debt on long run.

I was lucky when I tried it, but unfortunatelly your friend wasn't right on the first attempt, maybe because he was too unlucky or because he didn't have a considerable bankroll size to allow him survive in the game for longer. Now he has to work even more just to recover the small sum of money he had before losing everything to slot machine. I hope it's going to be an useful lesson for him to not trust gambling anymore when having to collect money in a hurry to pay off debt. Everyone takes a lesson sooner or later from gambling and even though it's bitter, we have to swallow it.

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January 31, 2024, 05:51:28 PM
 #68

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
It appears that he has resorted to gambling because he needs quick cash to pay off his debts, and no one in your group is willing to lend him the money he needs. Therefore, he has chosen to try his luck in the hopes of winning some money.

I understand that lending money to a friend to pay off their debt is not a good idea as it can lead to more debt. If someone were to ask me for money in such a situation, I would also decline. Instead, I would seek help from our mutual friends to pool money and assist the friend in need. This approach prevents them from resorting to gambling as a solution to their financial problems.
Collecting funds from other friends has been done by me and my friends, but this friend of mine has a bad habit of borrowing people's money but not wanting to pay, as a result we are tired of giving him money

hearing that he was betting his only money on gambling at first really really shocked me, I didn't expect him to be that desperate, even though he only needed a few tens of dollars more, it's a shame he ended up losing all the money he had

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January 31, 2024, 06:01:51 PM
 #69

A similar type of thing has been discussed here many times. It is never advised to take a loan to gamble or think to recover your lose by gambling. We do not control our luck. Mostly gambling depends on luck and unfortunately, the player has less chance to win. Winning is never guaranteed. So, if you invest your last money in gambling with the hope that you will win some money so you can pay off your debts with the money you would win by gambling, you should understand that winning is never guaranteed. If you lose it again, you won't be able to pay your debt. You could have paid off your debt withe the money you have just gambled. So, it's better not to gamble with your last investment.

Of course taking out a loan to fund gambling activities is really not advisable and I would probably say that it is a very silly decision for anyone to try to take out a loan just to gamble because after all gambling is just a probability activity that should not be overdone because there is the possibility of much greater risks that of course will always lurk all gamblers involved. Yes it's true and I recognize that gambling always depends on how lucky you are at the time of the session, simply put if you win it means you're lucky and if you lose it means the opposite.

With the basic fact about gambling that has absolutely no certainty whatsoever, this alone can be used as a reason for a decision that gambling should not be taken seriously especially if you force victory because in fact the opposite happens, namely you will suffer a large number of defeats that know no time limit especially if you come with the intention of finding victory to pay off debts then obviously it will only create new problems, in the sense that you will not be able to pay off debts but the problem is even more increasing in terms of losing money that should not have happened, therefore we must be truly rational in looking at gambling.

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January 31, 2024, 06:06:07 PM
 #70

Paying off debt by itself is such a good way to earn a return on your money (in a way) by eliminating interest you have to pay that it shouldn’t be lumped in with gambling habits. Just pay down your debt as you’re able. When people use gambling as a way to make money instead of have fun it typically does not end well for their finances.

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January 31, 2024, 06:11:13 PM
 #71

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
I couldn't think and was very angry at people who thought they could pay off their debts by gambling. I can say that it is a very loser mentality. Gambling will only increase your debt. Because as I said before, in gambling we have a 50:50 chance of winning or losing even though it is a sports bet with odds. In the end you only win and lose. If you are lucky you will win the match but if you lose then your debt will increase. And you have to remember that casinos are a business and business is always about profit.

R


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January 31, 2024, 06:15:12 PM
 #72

we have seen scammers robbing Peter to pay Paul. it's not so much different from taking a loan from some dear friend and then paying the amount to someone.

gamble the money so you could pay the debt is a much bigger risk, losing the money means you have two sides where you are owed. you'd be lucky if the people you owe from are patient enough not to sell your corpse to doctor students.









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January 31, 2024, 08:04:22 PM
 #73

Everyone has that friend, right? Heart is right, but strategy? Somewhat less. Avoiding gambling was good advice. Especially in a pinch, the temptation to turn pennies into pounds quickly is hard to ignore.

Keep in mind that life is too short to not gamble occasionally. Try to keep it entertaining and not use it as a financial rescue. I usually say to gamble like dessert - in moderation, but not daily.

Create a "fun fund"? A separate fund from the "oh no, the roof is leaking" fund for whimsy. Your companion can enjoy the game without risking everything. Additionally, good stories are key, right? To be honest, "I won big by being sensible" works well!

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January 31, 2024, 08:27:31 PM
 #74

This is nothing but foolishness if anyone wanna clear their DEBT by doing gambling. I have seen lots of people are being more DEBT for the gambling by loan. And if we see the first rules of trading that gamble as much as we can afford to loss then it will broke this rules if anyone gambling crossing by his affordable. If someone wants to do that then I can see nothing but darkness in his life in the future.

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January 31, 2024, 09:05:57 PM
 #75

“Taking loans to gamble and gambling to pay off debts” is something that is highly discouraged. And if someone does that, it can show how stupid that person is. This is a financial trap that can have a serious impact on a person's financial stability and well-being. Because after all, gambling involves a risk, and winning is not something we can guarantee we will get, but only a possibility. Meanwhile, when talking about loans, we definitely have to pay them every month along with interest.

And if you decide to gamble with borrowed money, this is a bad decision. If you are facing debt problems, it is wiser to seek responsible and sustainable solutions. Help from a financial counselor or debt management agency can provide guidance and a more regular payment plan. It is important to understand that gambling is not a smart solution to financial problems and can have detrimental consequences.

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January 31, 2024, 10:40:38 PM
 #76

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

That person is shit out of options. I know the feeling.

Desperation because no one helps him while being in the dark situation. Reading your story, I'm sure he tries his best to ask for loans from SEVERAL FRIENDS but none of those help him. I don't blame his friends though but because of that, that person becomes desperate.

You forgot to mention if that person is already a gambler? Or the gambling just started because he's out of option?
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January 31, 2024, 11:15:47 PM
 #77

This is nothing but foolishness if anyone wanna clear their DEBT by doing gambling. I have seen lots of people are being more DEBT for the gambling by loan. And if we see the first rules of trading that gamble as much as we can afford to loss then it will broke this rules if anyone gambling crossing by his affordable. If someone wants to do that then I can see nothing but darkness in his life in the future.

Same here! I know a lot of people who get more and more in debt because they rely on gambling to get the money to pay off all their debts, the ending is that they run out of money even more and it happens again and again, every time they lose gambling they will find someone to lend to because they don't have a stable source of income. It's just sad to think that because of what they do, it has a big impact on their lifestyle, and they might even pass the responsibility of paying off their debts to their children when they grow old. This is an example of a Toxic mindset which should be cut off early because it is difficult if such attitudes and actions are passed on to younger people.



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January 31, 2024, 11:30:25 PM
 #78

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

That's where some people end up if they have no other choice. What are their other options if they have already done everything they can? The sad reality in life where it's hard to look for someone or some institution that will give a loan even if there's collateral.

Some people got lucky from gambling with their last money. That's a big luck! But unfortunately, there are far more people who end up losing it all. I hope those people who experienced the latter will about to get back on track and survive the problem they are currently dealing with.
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January 31, 2024, 11:48:00 PM
 #79

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

Borrowing money to gamble is wrong and it won't help you instead it'll make you to be in debts. Gambling should be for entertainment and money we're to use for gambling should be money we don't have any pressure to payback. When you're borrowing to gamble, you're putting pressure on yourself to win your bets and this can lead to addiction which is a big problems to gamblers. You can't pay off debts from gambling but you'll get into more debts when you're borrowings money to gamble.

Only a few individuals have being able to borrow money to gamble and have succeeded in doing that. Gambling isn't a guaranteed way of making money therefore when you stake your bets, you have a chance of winning or losing and the house always have the edge against those individuals gambling therefore you have more chances of losing your money than doubling it. Use only spare money when gambling.

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February 01, 2024, 01:20:23 AM
 #80

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

   What your friend did was actually a desperate move; maybe at that time he could not think of any other solution but gambling, and he also thought that gambling would solve his problem quickly if he was lucky, but he was wrong; he is what he thinks he is.

   Those scenarios, knowing how complicated it is for someone who is dealing with a problem like this, It is said that every problem has an associated solution, and there are only two solutions: those that are not correct and those that are correct. And most gamblers choose the wrong solution that, in their eyes, is the right way, but it really isn't.

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February 01, 2024, 04:47:19 AM
 #81

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

Gambling to pay off debts is the worst idea any one would think of. I see it as an unwise decision for anyone to make. If one so needs money do something very important he should be adviced to take a loan or get something doing that can give him the money buy not gambling. If he has gone for trading that might had been better as gambling is something you do when you are less tensed and from the situation of your friend here, he definitely would be tensed since he needed the money urgently that could have caused his loss.

In gambling we should see to it that we make wise decisions so that we don't end up loosing everything just because of fun. Gambling isn't to pay off debt, if you are lucky to have won before then you can use your previous wins to do that but don't stake  money for some important stuff into gambling.

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February 01, 2024, 09:20:28 AM
 #82

It is never possible to pay off a gambling debt and it will only put the gambler in further debt. After betting with loan there is no guarantee of winning. Invest the money in business activities other than gambling if less you will get profit. If the person does not think about the problem then he will never be able to deal with the loss. Consider everything properly before gambling with loans. How bad will be the effect if the loan is not paid on time.

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February 01, 2024, 10:22:36 AM
 #83

I think it is not uncommon for people to come and engage in gambling with the initial intentions and goals like your friend who gambled with the aim of winning to pay off debts, however this is a wrong and stupid mindset. Gambling is always nothing more than a game of probability or profit - profit that does not have any certainty at the end of the session especially on winning, everything there is nothing more than a "possibility" and this is the reason why it is absolutely not recommended for anyone to put goals and hopes that lead to earning in gambling, none other than because the risks that are there are far unbalanced in the sense that it is very large which actually makes you experience a worse situation.

For those who come with the aim of winning I am sure that they are too focused on winning so as to ignore or rule out the possibility of risk which is clearly always inseparable in gambling, after all gambling is always about the possibility of two things at the end of the session namely winning or losing, so of course as I said above that it is a ridiculous decision if someone comes with the hope of winning especially with the aim and intention of paying off debt. However, gambling is not a solution to any problem, especially debt, because the risks involved simply do not allow a person to realize their wishes.

that's true, in fact I think many people are like this, they take the initiative to double their money in gambling so that they can have enough to pay off the debt they have, and as you said, this is indeed wrong thinking and more precisely maybe it is stupid, because legally gambling, winnings cannot be obtained according to desire, so when they need money for anything it doesn't mean they have to double it on gambling because that is the wrong action. and perhaps they hope that gambling can solve all their problems.

The habit of gamblers is to ignore and ignore the risks that exist, they tend not to look at losses and risks, but it could also be that they are aware of the risks in gambling, but they can still cover these risks with the belief they have about the big win that will come. got it. I agree with you, gambling is not the solution to all the problems in life related to finances, this is just a paid game and with winnings you can only get a bonus but it is not certain.

Yes because after all gambling is not an alternative to solving other problems unless it is just for fun to overcome boredom when you have free time and some responsible gamblers have this approach which is more advisable, but if you are thinking of using gambling as an alternative to solving the problem of "lack of money" then obviously gambling is not the place to solve this and instead this will be a place that will make you experience new problems in addition to your debt problems in real life. You have also said that one of the reasons it makes no sense is because gambling does not provide any certainty or guarantee to any gambler regarding the outcome at the end of the session.

Yes that's right, the urgency factor makes them seem to override the important aspect of gambling such as "possible risk", on the other hand all this is because of the hope factor that makes the confidence grow by itself that leads to victory. Never mind, after all gambling should be fun and not miserable, solving financial problems by making gambling an alternative is like you are trying to dig a hole but to bury yourself.

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February 01, 2024, 10:55:57 AM
 #84

That is obviously not something that anyone should do.

Gambling by definition is an -EV proposition and you'd be foolish to want to pay off debt using that. As we all know, gambling should be reserved for entertainment purposes only, and you should not bet any more that what you can afford to lose.

Unfortunately, not everyone follows that adage, and I have seen way too many people gamble away money that they desperately need. This is not restricted to house debt - I've seen people do the same on credit card debt. It's a real shame.
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February 01, 2024, 01:12:02 PM
 #85

It is never possible to pay off a gambling debt and it will only put the gambler in further debt. After betting with loan there is no guarantee of winning. Invest the money in business activities other than gambling if less you will get profit. If the person does not think about the problem then he will never be able to deal with the loss. Consider everything properly before gambling with loans. How bad will be the effect if the loan is not paid on time.
If he has no income, he will have difficulty repaying his debt because he has no money. That is why a person does not need to gamble if he does not have money, and he should focus on looking for a job to make money. Taking loan money means we have to return it according to the agreement, and if we are late in returning the debt, we may get a fine for the delay. So we shouldn't borrow money to gamble, especially if we don't have money or income. That will only add to the burden because we will think about unpaid debts.

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February 01, 2024, 01:18:48 PM
 #86

Moreover, he made a fatal mistake because he considered gambling as an instant money multiplier, this is a valuable lesson for us, not to use money that has a purpose, it is better to use cold money for gambling.

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February 01, 2024, 02:44:09 PM
 #87

I think it is not uncommon for people to come and engage in gambling with the initial intentions and goals like your friend who gambled with the aim of winning to pay off debts, however this is a wrong and stupid mindset. Gambling is always nothing more than a game of probability or profit - profit that does not have any certainty at the end of the session especially on winning, everything there is nothing more than a "possibility" and this is the reason why it is absolutely not recommended for anyone to put goals and hopes that lead to earning in gambling, none other than because the risks that are there are far unbalanced in the sense that it is very large which actually makes you experience a worse situation.

For those who come with the aim of winning I am sure that they are too focused on winning so as to ignore or rule out the possibility of risk which is clearly always inseparable in gambling, after all gambling is always about the possibility of two things at the end of the session namely winning or losing, so of course as I said above that it is a ridiculous decision if someone comes with the hope of winning especially with the aim and intention of paying off debt. However, gambling is not a solution to any problem, especially debt, because the risks involved simply do not allow a person to realize their wishes.

that's true, in fact I think many people are like this, they take the initiative to double their money in gambling so that they can have enough to pay off the debt they have, and as you said, this is indeed wrong thinking and more precisely maybe it is stupid, because legally gambling, winnings cannot be obtained according to desire, so when they need money for anything it doesn't mean they have to double it on gambling because that is the wrong action. and perhaps they hope that gambling can solve all their problems.

The habit of gamblers is to ignore and ignore the risks that exist, they tend not to look at losses and risks, but it could also be that they are aware of the risks in gambling, but they can still cover these risks with the belief they have about the big win that will come. got it. I agree with you, gambling is not the solution to all the problems in life related to finances, this is just a paid game and with winnings you can only get a bonus but it is not certain.

Yes because after all gambling is not an alternative to solving other problems unless it is just for fun to overcome boredom when you have free time and some responsible gamblers have this approach which is more advisable, but if you are thinking of using gambling as an alternative to solving the problem of "lack of money" then obviously gambling is not the place to solve this and instead this will be a place that will make you experience new problems in addition to your debt problems in real life. You have also said that one of the reasons it makes no sense is because gambling does not provide any certainty or guarantee to any gambler regarding the outcome at the end of the session.

Yes that's right, the urgency factor makes them seem to override the important aspect of gambling such as "possible risk", on the other hand all this is because of the hope factor that makes the confidence grow by itself that leads to victory. Never mind, after all gambling should be fun and not miserable, solving financial problems by making gambling an alternative is like you are trying to dig a hole but to bury yourself.

Assuming a dice throw or wheel spin will solve money problems is like expecting a magic act to teach science. Though amusing, the entertainment is not the classroom.

Responsible gambling is my kind of idea. Knowing the game, enjoying the ride, and remembering the exit are key. At a party, you love the music and dance, yet you know when to leave. The key? Enjoy the highs, learn from the lows, and dont let the game control you.

Every gambler has hope! Believing in the unattainable and dreaming of the rainbow jackpot makes us human. However, lets stay grounded and avoid the clouds. Gambling for enjoyment, as a hobby, to spice up life? Absolutely. A financial plan? Not so much.

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February 01, 2024, 04:53:30 PM
 #88

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

The valuable lesson of this topic is that there are already 1594958402 topics talking about the same problem. I doubt that anyone needs to read that trying to pay off debt with gambling is a bad idea! Cheesy I mean, maybe I am wrong and someone reads this topic and it opens their eyes, but I doubt that someone is so naive to truly believe that gambling could be a rational and reasonable way to pay off debt...

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February 01, 2024, 05:09:56 PM
 #89

I always remind people: if it were so easy to win at bets, why aren't all bettors rich?
and above all why do bookmaker and casinos have more and more profits? repaying debts with gambling is a clear oxymoron Roll Eyes

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February 01, 2024, 05:15:56 PM
 #90

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

While this has been discussed previously, let me repeat what I have previously mentioned about this topic.

Never ever gamble in order to pay current obligations. Additionally, never use gambling as a means of income in order to provide for your daily and/or monthly needs due to the nature of it being risky. If you use a risky venture in order to pay a current obligation, you are putting yourself in a very risky position that can definitely snowball into a bigger problem.

If you have an existing loan, pay it using the money that you have earned from a job. Never ever use gambling as a means to pay debt as this can worsen your position further.

Perhaps the reason on why most people use gambling to pay existing debts is due to its simple nature- either you win or you lose. People want to skip all the turns and use the short cut; but this shortcut is full of traps and dangers.

R


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February 01, 2024, 05:45:36 PM
 #91



Paying off debts by gambling is not the right way because it is better to use the gambling money to pay off existing debts, If we hope to win at gambling so that we can pay off debts, then what if we lose and the gambling capital is money from debts, aren't we just adding to the burden?
It's better to pay in installments little by little rather than having to risk the money in gambling, many of us here might do that but I'm very sure that this is just a wasteful act and will only increase the burden of existing debt, this is because addiction to gambling of any kind has negative impacts both financially, physically, emotionally and socially. Paying off debts is not easy, especially if we don't have sufficient income, but believe me, there are still many ways and solutions to pay off debts other than gambling.

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February 01, 2024, 06:40:28 PM
 #92

I think it is not uncommon for people to come and engage in gambling with the initial intentions and goals like your friend who gambled with the aim of winning to pay off debts, however this is a wrong and stupid mindset. Gambling is always nothing more than a game of probability or profit - profit that does not have any certainty at the end of the session especially on winning, everything there is nothing more than a "possibility" and this is the reason why it is absolutely not recommended for anyone to put goals and hopes that lead to earning in gambling, none other than because the risks that are there are far unbalanced in the sense that it is very large which actually makes you experience a worse situation.

For those who come with the aim of winning I am sure that they are too focused on winning so as to ignore or rule out the possibility of risk which is clearly always inseparable in gambling, after all gambling is always about the possibility of two things at the end of the session namely winning or losing, so of course as I said above that it is a ridiculous decision if someone comes with the hope of winning especially with the aim and intention of paying off debt. However, gambling is not a solution to any problem, especially debt, because the risks involved simply do not allow a person to realize their wishes.

that's true, in fact I think many people are like this, they take the initiative to double their money in gambling so that they can have enough to pay off the debt they have, and as you said, this is indeed wrong thinking and more precisely maybe it is stupid, because legally gambling, winnings cannot be obtained according to desire, so when they need money for anything it doesn't mean they have to double it on gambling because that is the wrong action. and perhaps they hope that gambling can solve all their problems.

The habit of gamblers is to ignore and ignore the risks that exist, they tend not to look at losses and risks, but it could also be that they are aware of the risks in gambling, but they can still cover these risks with the belief they have about the big win that will come. got it. I agree with you, gambling is not the solution to all the problems in life related to finances, this is just a paid game and with winnings you can only get a bonus but it is not certain.

Yes because after all gambling is not an alternative to solving other problems unless it is just for fun to overcome boredom when you have free time and some responsible gamblers have this approach which is more advisable, but if you are thinking of using gambling as an alternative to solving the problem of "lack of money" then obviously gambling is not the place to solve this and instead this will be a place that will make you experience new problems in addition to your debt problems in real life. You have also said that one of the reasons it makes no sense is because gambling does not provide any certainty or guarantee to any gambler regarding the outcome at the end of the session.

Yes that's right, the urgency factor makes them seem to override the important aspect of gambling such as "possible risk", on the other hand all this is because of the hope factor that makes the confidence grow by itself that leads to victory. Never mind, after all gambling should be fun and not miserable, solving financial problems by making gambling an alternative is like you are trying to dig a hole but to bury yourself.

because in fact if they want their finances to be normal or stable they have to work in real life with a clear income and be able to restrain themselves from gambling, because that is what they have to do to pay off the debts that surround them, if they want their money problems to be resolved then gambling It's not an alternative way, because the chance of winning at gambling is not as big as the chance of losing, so what you say is true if they have financial problems and take action to gamble, this will not solve their financial problems but will only add to their own problems. Moreover, even if there is a win at gambling, it cannot be guaranteed with certainty.

"dig a hole but bury yourself" I think this is familiar, I also saw it in another thread. but forget it, it's not a problem, because the problem is fixing financial problems with gambling, that's the problem, it's also impossible for gambling to give you a definite win. because of course the aim of gambling is to make a lot of profit, so I think if they want to pay off their debts by gambling, that's the wrong way, because it will only make them quicker to destroy their lives. Maybe this is the same as lighting a fire under the bed, it will only kill us slowly.

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February 01, 2024, 07:00:06 PM
 #93

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
When it comes to gambling and winning, the winning chances are always under probability, and when they say something is under probability, they mean the chances are between zero and 1, which is just by chance for the person to win the game. The risk of taking the little I have to gamble is really not worth it, as it's too risky.
 
It could have gone a long way if he used the little money he had to pay for the debt; it could have reduced the total amount he could have been looking for. Even if the money is not up to 10% of the rent, paying half of it will show some level of seriousness in repayment. Gambling gives people a chance to win, but not in the way that you use your last cash to place a bet. Such a risk is not advisable.

R


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February 01, 2024, 07:05:13 PM
 #94

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
When it comes to gambling and winning, the winning chances are always under probability, and when they say something is under probability, they mean the chances are between zero and 1, which is just by chance for the person to win the game. The risk of taking the little I have to gamble is really not worth it, as it's too risky.
 
It could have gone a long way if he used the little money he had to pay for the debt; it could have reduced the total amount he could have been looking for. Even if the money is not up to 10% of the rent, paying half of it will show some level of seriousness in repayment. Gambling gives people a chance to win, but not in the way that you use your last cash to place a bet. Such a risk is not advisable.
On the probability on which is less and this is something that someone should really be mindful and something that being realistic on which on the time that you do see gambling as some sort of
solution into your debt problems then better think not because sooner or later you would really be that making yourself putting up into a situation on which you are really that basically making yourself that putting yourself into so much trouble which it become that even more worst considering that odds on losing in gambling is way more higher than on winning. On the time that you would really be having those impressions that you would really be making it as a solution or method on making yourself that trying out to resolve your debts then better think not or avoid that kind of idea.
Trust me, you would really be just be blowing up your pocket even more and would really be worsen up the situation.

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February 01, 2024, 07:16:42 PM
 #95

Hoping to pay off debt from gambling is crazy. Gambling cannot promise you a definite profit, from 100x the game if you are lucky you might win up to 10x. If calculated, it is not a profitable number at all, not to mention that if you play with high pressure you will definitely make stupid decisions in gambling. It's better to sell assets that can be sold to pay debts then you can continue living a better life without burdens on your mind. Because assets can still be bought again when you have enough money from a more decent job.

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February 01, 2024, 07:32:51 PM
 #96

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

It is foolishness to gamble hoping that you would use the win to pay off your debt. Gambling is unpredictable therefore one cannot rely on it for anything. This doesn't mean that people have not been lucky to pay off debt with gambling wins but you should never depend on it for such. Before collecting a loan, one should ensure that they have the means of paying for it and the loan should be used for business and not for pleasure. I think your friend should consider sorting his loans from other means like selling valuables or getting an extra job. If you keep relying on gambling for debt payment, you might go deeper into debt.

R


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February 01, 2024, 07:42:59 PM
 #97

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

It is foolishness to gamble hoping that you would use the win to pay off your debt. Gambling is unpredictable therefore one cannot rely on it for anything. This doesn't mean that people have not been lucky to pay off debt with gambling wins but you should never depend on it for such. Before collecting a loan, one should ensure that they have the means of paying for it and the loan should be used for business and not for pleasure. I think your friend should consider sorting his loans from other means like selling valuables or getting an extra job. If you keep relying on gambling for debt payment, you might go deeper into debt.
We do know that winning chances in gambling is never been that on favor for gamblers on which it is really just that less and really that our disadvantage. This is why it would really be that recommended
that you should really be doubtful on making it as an option on solving out your debts. Just like on what most people been saying on here is that instead on making yourself be able to resolve out those
problems, it might be able to worsen up even more. This is why its never been that recommended that you should be gambling into those last money or fund you do have because you are hoping
that you could be able to make it big and would be able to pay up those loans.

You are just basically trying out to worsen up the situation because of those wrong assumption and hopes on which we know that people would really be normally
be sticking into those ways or methods which known to be easiest but actually the easiest way on fucking up yourself in the end.  Grin

R


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February 01, 2024, 07:48:09 PM
 #98

That is obviously not something that anyone should do.

Gambling by definition is an -EV proposition and you'd be foolish to want to pay off debt using that. As we all know, gambling should be reserved for entertainment purposes only, and you should not bet any more that what you can afford to lose.

Unfortunately, not everyone follows that adage, and I have seen way too many people gamble away money that they desperately need. This is not restricted to house debt - I've seen people do the same on credit card debt. It's a real shame.
Instead of gambling and hoping to pay off debts with it, the best option is to pay in installments. Even if the debt is not paid off immediately, paying in installments is the best way to do it instead of not doing it at all. But somehow someone's mindset is that when their financial conditions are too tight, they tend to take big risks and fail to find better options.

Gambling should be considered entertainment, not a source of income. If someone is in debt but they aim to win at gambling to pay off their debt, then there is a big risk of getting into more debt as a consequence. I know not all bets will lose, but the low probability of winning is a risk worth considering.

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February 02, 2024, 11:48:43 AM
 #99


Yes because after all gambling is not an alternative to solving other problems unless it is just for fun to overcome boredom when you have free time and some responsible gamblers have this approach which is more advisable, but if you are thinking of using gambling as an alternative to solving the problem of "lack of money" then obviously gambling is not the place to solve this and instead this will be a place that will make you experience new problems in addition to your debt problems in real life. You have also said that one of the reasons it makes no sense is because gambling does not provide any certainty or guarantee to any gambler regarding the outcome at the end of the session.

Yes that's right, the urgency factor makes them seem to override the important aspect of gambling such as "possible risk", on the other hand all this is because of the hope factor that makes the confidence grow by itself that leads to victory. Never mind, after all gambling should be fun and not miserable, solving financial problems by making gambling an alternative is like you are trying to dig a hole but to bury yourself.

Assuming a dice throw or wheel spin will solve money problems is like expecting a magic act to teach science. Though amusing, the entertainment is not the classroom.

Responsible gambling is my kind of idea. Knowing the game, enjoying the ride, and remembering the exit are key. At a party, you love the music and dance, yet you know when to leave. The key? Enjoy the highs, learn from the lows, and dont let the game control you.

Every gambler has hope! Believing in the unattainable and dreaming of the rainbow jackpot makes us human. However, lets stay grounded and avoid the clouds. Gambling for enjoyment, as a hobby, to spice up life? Absolutely. A financial plan? Not so much.

The thinking of such people is ridiculous, on the other hand I don't think anyone should think that gambling can be used as an alternative to solving financial problems, but yes all this is out of our control and maybe there are some gamblers or anyone out there who  really has this kind of thinking. However, this is not a thought that is the result of reasoned consideration, and this means that it is likely that they got this idea when they were in a stressful situation in their lives due to financial problems, especially debt.

On the other hand, being a responsible gambler is the key, this is the more recommended approach because with this then the situation will not be as terrible, it is the same as being able to accept any situation at the end of the session, when winning then you will consider yourself lucky and not "GREAT" and when losing then the opposite, you will tell yourself that "this is gambling" where if there is a chance of profit then the  possibility of losing is also not always avoidable, I think with this then they will not lose control which can make them act unexpectedly.

Yes, I understand that  every gambler has expectations, but only a few of them are too pushy and with this it is clear that the number of attempts made will not be too many so this is what makes responsible gamblers stay in the safe zone even though they cannot completely avoid the possibility of losing.

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February 02, 2024, 11:59:22 AM
 #100

That is obviously not something that anyone should do.

Gambling by definition is an -EV proposition and you'd be foolish to want to pay off debt using that. As we all know, gambling should be reserved for entertainment purposes only, and you should not bet any more that what you can afford to lose.

Unfortunately, not everyone follows that adage, and I have seen way too many people gamble away money that they desperately need. This is not restricted to house debt - I've seen people do the same on credit card debt. It's a real shame.
Instead of gambling and hoping to pay off debts with it, the best option is to pay in installments. Even if the debt is not paid off immediately, paying in installments is the best way to do it instead of not doing it at all. But somehow someone's mindset is that when their financial conditions are too tight, they tend to take big risks and fail to find better options.

Gambling should be considered entertainment, not a source of income. If someone is in debt but they aim to win at gambling to pay off their debt, then there is a big risk of getting into more debt as a consequence. I know not all bets will lose, but the low probability of winning is a risk worth considering.
Even myself does really like on clearing up my loans in short time manner on which i dont really have that kind of patience on paying through installments but if you dont really have any resource on paying it completely or in bulk then it would really be leaving you no option but to go with those terms on which paying up in installments wont really be that bad either, as long you could really be able to clear up those
debts then it would be that always recommendable rather than doing gambling with your last fund on hoping that you could be able to multiply it on how many folds on which this kind of mindset
would really be that putting you in trouble.

You should really be that at least realistic on what you are trying to do or aim.Paying DEBTs via gambling? You are really just that basically putting up yourself on such trouble and we do know that this isnt
something that would really be that ideal on doing so. Instead on solving the situation it would really be jus that making it worst.

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February 02, 2024, 12:14:33 PM
 #101

That is obviously not something that anyone should do.

Gambling by definition is an -EV proposition and you'd be foolish to want to pay off debt using that. As we all know, gambling should be reserved for entertainment purposes only, and you should not bet any more that what you can afford to lose.

Unfortunately, not everyone follows that adage, and I have seen way too many people gamble away money that they desperately need. This is not restricted to house debt - I've seen people do the same on credit card debt. It's a real shame.
Instead of gambling and hoping to pay off debts with it, the best option is to pay in installments. Even if the debt is not paid off immediately, paying in installments is the best way to do it instead of not doing it at all. But somehow someone's mindset is that when their financial conditions are too tight, they tend to take big risks and fail to find better options.

Gambling should be considered entertainment, not a source of income. If someone is in debt but they aim to win at gambling to pay off their debt, then there is a big risk of getting into more debt as a consequence. I know not all bets will lose, but the low probability of winning is a risk worth considering.
I myself have experienced that, thinking about doubling my money by gambling in order to pay off debt. Instead of paying off the debt, you are even more confused because there is no money left to pay the debt.

Finally I was frustrated and sold the things I had at home and the valuables I had to pay off the debt. From this incident I learned not to depend on the results of gambling.

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February 02, 2024, 04:13:12 PM
 #102

I myself have experienced that, thinking about doubling my money by gambling in order to pay off debt. Instead of paying off the debt, you are even more confused because there is no money left to pay the debt.

Finally I was frustrated and sold the things I had at home and the valuables I had to pay off the debt. From this incident I learned not to depend on the results of gambling.
You are lucky to be able to learn from your experience so you can avoid it again. And you are right that we cannot think about doubling our money by gambling or paying off debts because when we gamble, we also don't know when we will win. When we lose at gambling, we will become frustrated and continue to think about our debts, which will cause us to experience even more losses.

If that happens and we lose all the money, we won't be able to pay the debt. We can only regret that we have used all our money to gamble. Yes, we must be able to learn from our experiences so that we don't experience them again.

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February 02, 2024, 04:28:46 PM
 #103

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

The gambler who playing in the slot games are not losing the funds,because the gamblers who play the game with the tactics never loss their funds.My personal opinion is your friend need to improve their skills in the game,because taking loan for the gambling is not the easy one.Almost huge risk,from the old debt.The current game loss also make your friend to get into the more debt.Because the debt is make the person to live without peace.In order to have a peaceful life,it was better for the gamblers to avoid of playing the gambling game with the loan money.If gain it will solve the debt problem,but the loss will backfire him.

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February 02, 2024, 04:49:06 PM
 #104

I myself have experienced that, thinking about doubling my money by gambling in order to pay off debt. Instead of paying off the debt, you are even more confused because there is no money left to pay the debt.

Finally I was frustrated and sold the things I had at home and the valuables I had to pay off the debt. From this incident I learned not to depend on the results of gambling.

This is almost a common case. I guess every other gambler made some mistakes like this one. People always gamble with the hope that they will win. They even borrow money to gamble because they think they would be able to double the money and pay the debt and they will be in profit after that. Sometimes this happens and people think they will be able to repeat the same thing again and again. Unfortunately, the odds are very low. Most of the time people end up losing their money and they have more debt. 
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February 02, 2024, 04:56:43 PM
 #105

I myself have experienced that, thinking about doubling my money by gambling in order to pay off debt. Instead of paying off the debt, you are even more confused because there is no money left to pay the debt.

Finally I was frustrated and sold the things I had at home and the valuables I had to pay off the debt. From this incident I learned not to depend on the results of gambling.

This is almost a common case. I guess every other gambler made some mistakes like this one. People always gamble with the hope that they will win. They even borrow money to gamble because they think they would be able to double the money and pay the debt and they will be in profit after that. Sometimes this happens and people think they will be able to repeat the same thing again and again. Unfortunately, the odds are very low. Most of the time people end up losing their money and they have more debt. 

It becomes crazy when people fall for the fallacy that they think at some point their pick has to come, but there is no guarantee of course. In sports betting I think that's one thing because you can get incredibly unlucky of course and after all sports can't be predicted and we get to see that so often.

But rolling the dice or playing roulette and picking a color is a classic example for the fallacy that people think the next round has to be red because there was 10 rounds with black or something. But there are impressive numbers about how how many rounds can be subsequent reds or blacks. Every time the same gambler doubles the stakes and thinks now the other color has to come, but no.

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February 03, 2024, 10:14:19 AM
 #106

I myself have experienced that, thinking about doubling my money by gambling in order to pay off debt. Instead of paying off the debt, you are even more confused because there is no money left to pay the debt.

Finally I was frustrated and sold the things I had at home and the valuables I had to pay off the debt. From this incident I learned not to depend on the results of gambling.

This is almost a common case. I guess every other gambler made some mistakes like this one. People always gamble with the hope that they will win. They even borrow money to gamble because they think they would be able to double the money and pay the debt and they will be in profit after that. Sometimes this happens and people think they will be able to repeat the same thing again and again. Unfortunately, the odds are very low. Most of the time people end up losing their money and they have more debt. 

Yes that's right, most gamblers come because there is a reason to win money from gambling so that with the possibility of getting this victory makes them misunderstand what gambling means, when in fact the possibility of risk or defeat can never be avoided and that means it is very wrong if anyone thinks that in gambling they will be able to multiply the money they bring, none other than because the possibility of risk will always lurk and will not always be avoided.

On the other hand, yes that's what will happen when you come with the wrong understanding about gambling, instead of getting a lot of winnings to pay off debts but the opposite happens where they will be increasingly trapped in a cycle of debt where the debt will actually get bigger because gambling activities carried out based on the wrong understanding and which are done excessively will actually drain their money slowly. So of course it is very wrong to come with the aim of earning let alone the intention of paying off debts from gambling winnings, because that assumption will make you gamble excessively and aggressively which in the end even adds to the problem.

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February 03, 2024, 10:28:38 AM
 #107

Before, I don't understand why people think that paying their debts through gambling is a choice. But now, I do understand that this is the reality of life that there are people that will always think of the odd idea on how make themselves debt free but instead, they're adding more pressure to themselves and will result to having more troubles to themselves. When you want to get out of debt, do it the traditional way by working and earning and paying it with your money.

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February 03, 2024, 11:20:10 AM
 #108

Before, I don't understand why people think that paying their debts through gambling is a choice. But now, I do understand that this is the reality of life that there are people that will always think of the odd idea on how make themselves debt free but instead, they're adding more pressure to themselves and will result to having more troubles to themselves. When you want to get out of debt, do it the traditional way by working and earning and paying it with your money.

In my opinion, there are people who think they can pay off their debts by relying on gambling, because there are reports that gambling can give them profitable wins and can also double their money, so this might cross their minds, so if they have a debt of $500 but that person has money. of $250 then he will use that $50 to gamble in the hope of getting a profitable win that will be enough for them to pay off the debt they have.

It's true what you said maybe this is a strange idea, because gambling doesn't guarantee that it will give them a win that can help them to pay off their debts, and with actions like this perhaps more clearly they will only have more pressure from their debts where the money is used for paying off the debt is instead used to gamble with the excuse of doubling up and as you said this will only add to the bigger problems they will get. I agree with you,  if you really want to pay off debt you should do a job that makes money and with a mind that doesn't think about gambling you can double your money quickly.

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February 03, 2024, 01:27:13 PM
 #109

Before, I don't understand why people think that paying their debts through gambling is a choice. But now, I do understand that this is the reality of life that there are people that will always think of the odd idea on how make themselves debt free but instead, they're adding more pressure to themselves and will result to having more troubles to themselves. When you want to get out of debt, do it the traditional way by working and earning and paying it with your money.
That's because they see that borrowing money can be used to gamble and they also see that with the borrowed money, they can have a chance to win even though gambling will not be able to give them the victory they imagine.
It is a bad idea to borrow money to gamble because it can worsen the situation, especially if they lose all their money. They will not be able to pay their debts when someone collects them so they will probably stay away from it.
Yes, they should look for work to earn income. And from that income, you can use a little to gamble. This will help you avoid debt problems.

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February 03, 2024, 02:30:29 PM
 #110

I am 100% sure that your friend really found a dead end so he recklessly risked the remaining money he had into a gambling account and tried to gamble with that money.
Desperation often makes us think short-term and without consideration, even though as far as I know, debt collectors can be invited to compromise and work together to give more payment time in the next few weeks or months, why doesn't he take advantage of that?
but the rice had become porridge, he had lost all his money through gambling, that must have been a big blow to him because in the end he didn't have the money to pay his debts.



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February 03, 2024, 02:44:28 PM
 #111

We are always advised to gamble responsibly, and gambling responsibly is not just about not gambling all the time, but also about we gambling with only our spare money, and an amount we can comfortably lose.
There are no guarantees in gambling, and I possibly know that the said guy must have known this before doing what he did, he probably wanted to just try his luck since he has asked friends for money and non agree they had money to lend him, he possibly thought that taking his chances through gambling was his best bet, but how shameful that he ended up losing even the little money I had at hand, no wonder it's commonly said that, a bird at hand is worth million that are in the bush.

I can't blame him completely because, any body in his shoes would have possibly did same thing to see if a miracle would happen., but then, this is a risk that is too much to take except the person know and agrees to take total responsibility, he would have kept that money and looked for means of completing it, than gambling with it, but then still, as long as he is still good after losing the money, that is all that matters, for if he had won, I believe this topic would have come with a different topic title.

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February 03, 2024, 03:37:04 PM
 #112

Yes that's right, most gamblers come because there is a reason to win money from gambling so that with the possibility of getting this victory makes them misunderstand what gambling means,

A win or a loss cannot change the fact that gambling is gambling. You see, people always say like gambling is fun, they gamble for entertainment purpose only etc etc. But, I don't think it's true. I have said the same thing before. These terms are made by the casino owners and the high promoters who do not play with the real money. I see casino owners place bets like it's nothing. They are not spending any money when they place the bet. But the fact is true. They do not lose or win anything from those bets. Some streamers contract with the casinos like you will provide me some funds where I will gamble and record it for my channel so you can get some players and I get some referrals. It's win win situation for them.
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February 03, 2024, 04:56:42 PM
 #113

Yes that's right, most gamblers come because there is a reason to win money from gambling so that with the possibility of getting this victory makes them misunderstand what gambling means,

A win or a loss cannot change the fact that gambling is gambling. You see, people always say like gambling is fun, they gamble for entertainment purpose only etc etc. But, I don't think it's true. I have said the same thing before. These terms are made by the casino owners and the high promoters who do not play with the real money. I see casino owners place bets like it's nothing. They are not spending any money when they place the bet. But the fact is true. They do not lose or win anything from those bets. Some streamers contract with the casinos like you will provide me some funds where I will gamble and record it for my channel so you can get some players and I get some referrals. It's win win situation for them.
Really hard to believe eh?  People do always have that kind of denial in mind about they are doing gambling just for fun but deep inside they are really that doing for making money and this is something
that it is really that common for most gamblers. This is why it would really be that always important that we should really be setting out those limitations and discipline towards ourselves on dealing up with gambling.
Making it as a solution for repaying your debts? You are really just that basically making yourself that putting into such bad situation because loan money is never been that ideal, how much more
if its been used on gambling which we know that high chances of losing is there.

Dont make yourself be put up into a situation on which you do really end up on having those regrets just because you do really just that let yourself that neglect or ignore
those risks involved that could potentially put you on a hard situation. Better to be wary and be responsible on whatever actions that you would be making.

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February 03, 2024, 08:26:44 PM
 #114

Doubling your money by gambling is the stupidest way to get more money, because gambling is risky and at any time you can lose.
It just sounds crazy. Why will you be in need of money, and what you will think about next is that you are using the little amount you have to double your money. You will keep on losing in gambling when you have that kind of mindset, then you will always end up losing when you are gambling. Gambling is not an activity that should even be done when you are in need of money. If you don’t have much money with you, then make good use of the money you are having with you and never gamble with it thinking your money is going to increase. Just know that if you can do things like that, then your money is going to end up reducing.

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February 03, 2024, 10:21:51 PM
 #115

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
Where is this even coming from lol. Like let's be real here only people who are down on their lucks are gonna be doing this, and regular guys like us aren't going to really subject ourselves to this dire point in life. Regardless, still a good thing to know and take heed of I guess.

But before anything else I would like to just interpolate that in the first place if you can't afford to pay it, don't take out a loan for it. That's a fucking death wish if I do see one lol. No matter how desperate or bad your situation, I would always suggest looking for an effective solution rather than band-aid ones that would only do you more bad than good in the long run. So in that regard don't take out loans for shit if you can't afford it with your own money in the first place.
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February 04, 2024, 10:14:32 AM
 #116

Yes that's right, most gamblers come because there is a reason to win money from gambling so that with the possibility of getting this victory makes them misunderstand what gambling means,

A win or a loss cannot change the fact that gambling is gambling. You see, people always say like gambling is fun, they gamble for entertainment purpose only etc etc. But, I don't think it's true. I have said the same thing before. These terms are made by the casino owners and the high promoters who do not play with the real money. I see casino owners place bets like it's nothing. They are not spending any money when they place the bet. But the fact is true. They do not lose or win anything from those bets. Some streamers contract with the casinos like you will provide me some funds where I will gamble and record it for my channel so you can get some players and I get some referrals. It's win win situation for them.

Sure, because after all the name of gambling is always going to be inseparable from the name of risk because this is a gamble that bets your money and the name of the bet is always about winning or losing which will be a definite answer at the end of the session. So one of the reasons why I said something like what I said above is because most gamblers tend to only look at one side only, namely the chances of winning or multiplying the money they bring which indirectly they like to rule out the possibility of losing which in the end when the result turns out to be losing then usually they are unable to accept the fact because it does not match their wishes.

On the other hand what the croupiers or influencers and stremers do is nothing more than a promotion with the aim of luring a large audience to enter and engage on one of the sites they own and of course the money they use most of it is not real money and even if it is real money they will not worry because the casino has set up all the systems behind the scenes to make the stremers who play win large amounts as we often see on several social media channels and of course for ordinary people it is an extraordinary victory that is very likely to influence them and finally they enter to engage in the game. Behind the scenes to make the stremers who play win in large numbers as we often see on several social media channels and of course for ordinary people it is an extraordinary victory that is very likely to affect them and in the end they get involved and discover the real fact that the scenario of getting a win is not that simple.

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February 04, 2024, 10:35:49 AM
 #117

Gsmbling  is not what you can depend on to realise money to pay of debt, because at the this point the state of mind will be so desperate and you won't be able to reason way. At the point going into gambling,  you are trying to create more debt for your self because gambling is not what you need to depend on because it is unpredictable. Gamble is supposed to be played without having much expectation of making money quick from it.
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February 04, 2024, 10:42:01 AM
 #118

Gsmbling  is not what you can depend on to realise money to pay of debt, because at the this point the state of mind will be so desperate and you won't be able to reason way. At the point going into gambling,  you are trying to create more debt for your self because gambling is not what you need to depend on because it is unpredictable. Gamble is supposed to be played without having much expectation of making money quick from it.
It doesn't mean it's impossible to win in gambling or to pay off debt from gambling. However, if we are responsible enough, we know that we are taking a high risk that our chance of success is very low, at least based on the majorities experience. As experts said, majority of gamblers losses in the long run, so that reality alone is already against us, however, if we do  have the skills then we can certainly make it possible to succeed.

We know ourselves better, and we know if we have the skills to be profitable in gamblng, because if we only believe and relied on luck, then we should forget this stupid idea.

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February 04, 2024, 10:51:26 AM
 #119

I have a friend back in school that told me he used his school fee money to gamble because he wanted to double it and use the profit for big boy things. He gambled all at ones and lost it all.

We heard on this forum about a school person that gambled with his school fees. He lost and killed himself.

It is not good to gamble because you want to earn money.

That is the main reason people gamble to earn more money,some people have won huge jackpots and changed life for the better.These persons though can be counted with the fingers of one hand globally and this should tell us to know our odds which are totally against us as we begin our gambling session.It is all then if we are people who can handle the loss in a good way or we can't,people who can't end badly like those in these school stories.

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February 04, 2024, 10:59:42 AM
 #120

Gsmbling  is not what you can depend on to realise money to pay of debt, because at the this point the state of mind will be so desperate and you won't be able to reason way. At the point going into gambling,  you are trying to create more debt for your self because gambling is not what you need to depend on because it is unpredictable. Gamble is supposed to be played without having much expectation of making money quick from it.
It doesn't mean it's impossible to win in gambling or to pay off debt from gambling. However, if we are responsible enough, we know that we are taking a high risk that our chance of success is very low, at least based on the majorities experience. As experts said, majority of gamblers losses in the long run, so that reality alone is already against us, however, if we do  have the skills then we can certainly make it possible to succeed.

We know ourselves better, and we know if we have the skills to be profitable in gamblng, because if we only believe and relied on luck, then we should forget this stupid idea.

Those who have debts should realise that gambling is an expense, like many other amusements. If they are in financial trouble and they decide to play in the hope their problems will evaporate magically instead of making a realistic plan to tackle the situation, that's daydreaming and a non-responsible behaviour.

Odds are against them, and also their state-of-mind due to their frustration because of their bad situation. But even if they won, I don't think that's a good thing either, because the next time they have problems, maybe bigger ones, they will trust in their luck again, and in the end it is almost unavoidable to get their fingers burnt.

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February 04, 2024, 11:21:21 AM
 #121

Gsmbling  is not what you can depend on to realise money to pay of debt, because at the this point the state of mind will be so desperate and you won't be able to reason way. At the point going into gambling,  you are trying to create more debt for your self because gambling is not what you need to depend on because it is unpredictable. Gamble is supposed to be played without having much expectation of making money quick from it.
It doesn't mean it's impossible to win in gambling or to pay off debt from gambling. However, if we are responsible enough, we know that we are taking a high risk that our chance of success is very low, at least based on the majorities experience. As experts said, majority of gamblers losses in the long run, so that reality alone is already against us, however, if we do  have the skills then we can certainly make it possible to succeed.

We know ourselves better, and we know if we have the skills to be profitable in gamblng, because if we only believe and relied on luck, then we should forget this stupid idea.
It's not impossible unless you are lucky. But the risk is too high, instead of having money to pay debts, if it is suddenly lost in gambling, it will be an additional problem for you to think about, That's a fact that anyone should think of. If the money you have is supposedly used to pay your debts, whatever happens, using it in gambling should not be done.

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February 04, 2024, 11:26:42 AM
 #122

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

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February 04, 2024, 11:27:33 AM
 #123

Gsmbling  is not what you can depend on to realise money to pay of debt, because at the this point the state of mind will be so desperate and you won't be able to reason way. At the point going into gambling,  you are trying to create more debt for your self because gambling is not what you need to depend on because it is unpredictable. Gamble is supposed to be played without having much expectation of making money quick from it.
It doesn't mean it's impossible to win in gambling or to pay off debt from gambling. However, if we are responsible enough, we know that we are taking a high risk that our chance of success is very low, at least based on the majorities experience. As experts said, majority of gamblers losses in the long run, so that reality alone is already against us, however, if we do  have the skills then we can certainly make it possible to succeed.

We know ourselves better, and we know if we have the skills to be profitable in gamblng, because if we only believe and relied on luck, then we should forget this stupid idea.

Those who have debts should realise that gambling is an expense, like many other amusements. If they are in financial trouble and they decide to play in the hope their problems will evaporate magically instead of making a realistic plan to tackle the situation, that's daydreaming and a non-responsible behaviour.

Odds are against them, and also their state-of-mind due to their frustration because of their bad situation. But even if they won, I don't think that's a good thing either, because the next time they have problems, maybe bigger ones, they will trust in their luck again, and in the end it is almost unavoidable to get their fingers burnt.

It's probably due to desperation. When a person are on that situation, he is not afraid to take a higher risk just to solve the problem. People want instant solution on their problem because we know that money is freedom, and if we have pile of debts or we are drowing on it, that means we are losing our freedom. So gambling could come up to their mind as a solution to the problem, it's a high risk attempt but if they are lucky, it will solve the problem right away, and they can still enjoy if it has some extra. However, as mentioned, the success rate is quite low, so it's not advisable to try this.
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February 04, 2024, 11:38:10 AM
 #124

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
He put himself in danger, though, and he got into problems fast. His search for a solution simply made things worse, despite the fact that he believed that gambling would provide the solution. Gambling, as everyone knows, is a type of risk-taking that entails a great deal of uncertainty. Indeed, gambling can bring us financial gains, but it can also cause us to lose our money. Since the house always prevails in the end, the odds are actually always stacked against us, the gamblers.
 
I believe it is extremely dangerous to use gambling to pay off debt, and your friend should be aware of this before making a snap decision. because it may result in a debt cycle that is hard to escape. Therefore, I believe it is preferable to concentrate on effective financial management strategies and create a plan to gradually pay off the debts he owes.

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February 04, 2024, 12:27:32 PM
 #125

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

This is what happened when you lack knowledge of what you are doing. Not only your friend but majority of people are out there with this mentality about gambling. Gambling is designed in such a way that when you play it, you get yourself entertained and probably win money if you are lucky but this days, people totally ignore the entertainment part of gambling and see it as an avenue to make money. Making money is part of gambling actually but that should be the last thing in your mind because you would eventually get disappointed if you put it first.

Seeing gambling as a way to make money is understandable to some extent if you are using your own extra money to gamble. By extra, I mean money not meant for important things like foods, house rent, health care services or anything vital. Borrowing money to pay house rent and then using the money gamble so you can multiply it before paying your rent is a very silly and fooling decision. Every gambler knows the probability of losing is always higher than the winning and you could lose everything in a second. Your friend dig his own grave and he should burry himself.

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February 04, 2024, 12:30:40 PM
 #126

Playing gambling just to pay a debt is not the best ideal thing to do because you seek another money again and if you lose that money you will not pay the debt instead you pay at least a partial of your debt, it was a risky decision, but of course we cannot deny still there's a chance but not as successful it is if you win you can pay the debt but it depends on the mindset of the gambler if they gets greed and continuously losing the win money instead they get settle its getting worst. For me its better to pay debt immediately before enjoying playing gambling.

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February 04, 2024, 12:55:53 PM
 #127

It is clear that we are not going to really end up having any benefit from gambling, not financially anyway. Maybe your mood can change, but even that could be for the good or for the bad and we do not know which one it will be. So, it would make more sense if we could just ignore all of that and not gamble when we have debt.

People with debt should focus on paying off their debt first, that will always be the most important part. Do not be afraid of debt, it can be a good thing, it can be a driver, you need to just focus on doing that, and when it is paid off, you will realize that you could actually save that much now, because you were paying it anyway, and if it's all paid, now that you have no debt, same money goes to savings and investing later on. Then when you get richer, start gambling for fun, with amount you could lose.

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February 04, 2024, 01:02:27 PM
 #128

Playing gambling just to pay a debt is not the best ideal thing to do because you seek another money again and if you lose that money you will not pay the debt instead you pay at least a partial of your debt, it was a risky decision, but of course we cannot deny still there's a chance but not as successful it is if you win you can pay the debt but it depends on the mindset of the gambler if they gets greed and continuously losing the win money instead they get settle its getting worst. For me its better to pay debt immediately before enjoying playing gambling.
I agree with that. Whatever debt it is, pay it first. Partial or just a bit of percentage of that debt, it's okay as long as it is moving so we won't be buried with more debts. Gambling the supposed to be payment for that debt might become the stupidest decision we will make. If it loses, we end up with nothing instead of paying half of it.
There are those who will agree with whatever amount as long as they receive something and I think that's a good thing for both ends. We cannot put the money that is meant for something else at more risk. Just imagine how much tension there will be if we will gamble money that is already set for payment of other things. Being in that position can cloud our decision making so it's not the ideal way to do it because we are not thinking straight.
I've seen people who are successful at doing this but those are rare stories. It's better if we don't read them because they will be the ones who will add more urge for us to gamble the important money.
I think I've done this before but I learned my lesson. Not debt, but money that is already set for the electric bill. It was the worst feeling after losing it, the only way to  straighten it up is to get a loan and so I made a debt because of my unwise decision.

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February 04, 2024, 01:12:00 PM
 #129


The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

You have to be so addicted to gambling for you to consider gambling your remaining money that is intended to pay debts, and you are desperate and you have no one to turn to consider gambling because in gambling there is no uncertainty, it's never a bank that you can withdraw your money.
There's always a way but gambling is never an option, if in the past you are lucky to win or double or triple your money it's not every day you can do that so it's never an option for you to risk your money.
I have a friend who plans to do that because he cannot pay his tuition so I just talked him out and we all helped him by contributing money so he can pay his tuition we should never consider gambling its for entertainment only and the money that you will use should be considered as money that there is no guarantee to come back.


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February 04, 2024, 03:53:36 PM
 #130

It's not impossible unless you are lucky. But the risk is too high, instead of having money to pay debts, if it is suddenly lost in gambling, it will be an additional problem for you to think about, That's a fact that anyone should think of. If the money you have is supposedly used to pay your debts, whatever happens, using it in gambling should not be done.
But it will be difficult for them to get that luck. We know that luck will not always come when gambling, but that doesn't stop them from chasing wins. But if they borrow money from other people, they will only make the problem bigger where they will also have difficulty paying off their debts, especially if they experience loss and lose all their money. We should gamble using our own money rather than borrowing money to avoid even bigger problems. But if the money you have is limited, you should not think about multiplying your money by gambling because that doesn't guarantee you can make money, especially since gambling is just for fun.

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February 04, 2024, 03:59:37 PM
 #131

Those who have debts should realise that gambling is an expense, like many other amusements. If they are in financial trouble and they decide to play in the hope their problems will evaporate magically instead of making a realistic plan to tackle the situation, that's daydreaming and a non-responsible behaviour.

Exactly this is what I tried to write in my previous posts. The problem is, gamblers always come with a mindset that they will hit a jackpot or their luck will favor this time and they will be able to multiply their bank roll and it will be enough to pay their debt. I don't know how many times I have borrowed from my casino friends like bro, could you tip me $20, will send you back.

Most of the times, I lost it and I had a make a deposit again to pay the debt and sometimes I have deposited a little extra to gamble more. Sometimes, I were able to multiply my deposits which encourages me to do the same thing again. But, we cannot repeat these thing everytime, right?
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February 04, 2024, 05:55:42 PM
 #132

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

It's sad to see these stories of people who don't have money and want to improve their situation so much that they decide to take a loan and gamble with it. It's like they can't see any other way out. This always reminds me of people who decide to kill themselves. They also can't see a way out and the only thing they can think of is ending their life because it makes the problem go away. The man in OP's story needed someone to show him the way and tell him that betting borrowed money is only going to make things worse.
I've never done such a thing, but I'm a thinker and a planner and I often let opportunities pass me by because I take so much time to think about possible outcomes, but this also makes me safe from mistakes like the one we're talking about.

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February 04, 2024, 07:24:25 PM
 #133

Someone who is very eager to fix a problem will ultimately produce more issues for themselves, which they will later come to regret because they committed a wrong move with a faulty perspective and logic.

Your friend has committed the worst error of his life by believing that gambling with his money will provide him the fortunate charm he needs to pay his rent when his friends fail him financially. However, allow your friend to live up to the worst mistake of his life, let him understand at this time that using money intended for important things for gambling purposes is never a good idea.

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
To acquire a loan is not still the best way to pay off an existing debt because it comes with interest. Let your friend sell off his valuable properties to pay off the house debt or he should find a friend that would accommodate him for the time being while he looks for a job that pays well

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February 04, 2024, 07:30:44 PM
 #134

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

It's sad to see these stories of people who don't have money and want to improve their situation so much that they decide to take a loan and gamble with it. It's like they can't see any other way out. This always reminds me of people who decide to kill themselves. They also can't see a way out and the only thing they can think of is ending their life because it makes the problem go away. The man in OP's story needed someone to show him the way and tell him that betting borrowed money is only going to make things worse.
I've never done such a thing, but I'm a thinker and a planner and I often let opportunities pass me by because I take so much time to think about possible outcomes, but this also makes me safe from mistakes like the one we're talking about.
Really very sad and you would really be having those questions on mind on how the heck they do consider out on such way or method on which it is really that impossible that you wouldnt really be able to see those risks that it could give out. There's no way that you cant be able to realize and able to picture out about into those possible results or outcomes on which it could cause up that
such devastations if things doesnt turn out to favor you and this is why its never been that ideal that you would be coming up into this solution on which instead on solving out your debt problem
it would really be making such worst on the time that you would really be losing all the capital that you do make use on which it would be that better if you do make it use on more viable
way rather than or in compared with gambling.

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February 04, 2024, 07:39:07 PM
 #135

... finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application
Why is it that stories like this orange end with The Gambler losing money and not being lucky and winning enough money to sort out whatever needs to be sorted out? I am just thinking because all the stories like this all have a sad ending. I wan to read a story where the ended was good. Where the gambler was able to sort themselves out from the winnings because their risk paid off.

Quote
The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
That being said I agree with the lesson here. Do not sit down bling as It gets Rich quick scheme or as a business venture where you invest money and make profit and even expand the business. If you are jobless, get a job. If you are not making enough money, get a second job. If you are in need ask for help. Gambling is not the solution to your problems.

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February 04, 2024, 07:57:44 PM
 #136

Would be only working if you will be guaranteed of winning. When gambling a borrowed money or debt, interest rate will be always present. And if you could imagine, try thinking of the possibility of losing all of it and still be required of paying what you have borrowed, in such way it will be more frustrating. Also, if you reached that point that you will be in debt just because of gambling then that's already a bad thing to do. The money we should be engaging in gambling should be an amount covered by our loss tolerance. Long run is that doors won't be always open and always close. If you would still be able to buy the things you need as long as a little bit of wants, then you'd be fine no matter what outcome it turned out. Unlikely of the feeling, when you are already pressured of the idea that you could lose in most instances. So if possible, just take a break from gambling than to be  too much of a gambler.

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February 04, 2024, 08:00:03 PM
 #137

I would say that in these cases where someone has debts or fees to pay them back in a specific time, it’s something more hard for a gambler than a normal person. Personally, I had fees to pay in time while I was short in cash and honestly I had thinking of gambling for a chance to win and pay off my fees, but it’s just a thought that I had to take off quickly because of the consequences of it, beside being a responsible gambler and had to learn a lot from experiences.
The story you shared is one of the worse scenarios that could happen to someone, at the same time it’s a lesson for that person to never do that and gamble money you can’t afford to lose while there’re much solutions better than making things worse.

Conclusion of this story is; gambling now is more accessible, promotions that are tempting a lot of people into gambling, risking too much more than you can afford is so wrong.

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February 04, 2024, 08:09:07 PM
 #138

why do we focus too much on mistakes, just imagine if you were in the position of those who don't have any hope of paying the bills, what would you do to get money instantly, while you are a gambler of course you will think the same as him, we will find it difficult to know If we have never felt someone's condition, we just tell them that it is bad, just imagine if that happened to us
Gozie51
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February 04, 2024, 08:40:39 PM
 #139

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.

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February 04, 2024, 09:06:03 PM
 #140

why do we focus too much on mistakes, just imagine if you were in the position of those who don't have any hope of paying the bills, what would you do to get money instantly, while you are a gambler of course you will think the same as him, we will find it difficult to know If we have never felt someone's condition, we just tell them that it is bad, just imagine if that happened to us
Nobody wishes to be in such shoes but if ever such is to Happen, gambling with what you have left should be your last taught not the first. It would be much more wiser to get something doing other than gambling that would be able to help you pay of your debts asap. Gambling with the little you have left might put you in even much dept because you may be left with nothing at all and start from the scratch raising the money.

Like I've always said, we shouldn't take gambling other than being a game as a means of earning. Doing this will only put you at risk of losing and not enjoying the fun in gambling since you are more worried about losing.

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AmoreJaz
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February 04, 2024, 09:06:30 PM
 #141

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.

i guess, the OP's story is quite common in a lot of gamblers. betting their borrowed money for the hope that they will get more but instead, they will likely lose it all. this is gambling, and you are a very lucky person if you will go home as a winner. to avoid such tight scenario in your case, better pay your debt if you are just loaning some money. don't stake it to uncertainty like in gambling. you are just subjecting yourself to more debt or more trouble especially if you got the money from loan sharks implementing very high interest rate.

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February 04, 2024, 09:12:40 PM
 #142

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.
On the time that you are already that selling out your property or possessions just for you to gamble or trying out to chase those losses then its a solid indicative sign that you are already addicted to gambling. Once you do have this kind of problem then there's no way for it to be easy for you to get out not unless if you are really that serious on quitting then it could be possible but if not
then you would really be ending up on disaster. We've seen tons of lives had been devastated by gambling and dont wait up for those things to happen into your own life.
Be responsible and be wary on the actions you are making. Getting or taking up some loan just for you to have the chance on playing gambling then this is the start
where you would be making your life miserable with.

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February 04, 2024, 09:16:15 PM
 #143

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.

His mistake is panic gambling. A gambler is not supposed to rush into staking money, without having a backup. Spending all his funds at a go is not proper, he's meant to reconsider his chances of winning. I've read of men who did spend their last card and were able to double it through gambling. But it's not same for everybody. Since we all have unique strategies of gambling, it wouldn't be nice to hope on gambling to solve our financial trouble. The gambler may end up causing himself more harm than good, as his results could be unsuccessful. That doesn't mean the guy in the picture wasn't responsible at some point, he only faced a real-life challenge which landed him into a bigger trouble. So, even if one is a responsible gambler, he could find himself in a state of mind where he wouldn't be able to control his choices and decisions anymore. Thereby leading him to a very hard life condition.

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February 04, 2024, 09:19:59 PM
 #144

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

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Westinhome
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February 04, 2024, 09:30:12 PM
 #145

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

The gambler was in the big debt can use this option to cover all the debt using the gambling site.But their was a risk in this way of the gambling,because the money for the game will be the loan money again.The gambling was the two side coin,So the gambler also win and make free from the debts.They also added the loan if the again loss in the gambling site.In order to avoid of the second option,the gambler should learn the game.Because making the game profit is not easy one in the gambling site.The gambler don’t look for the entertainment or fun at this point.The full aim of the gambler is making huge profits in gambling site.

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blockman
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February 04, 2024, 09:44:37 PM
 #146

Before, I don't understand why people think that paying their debts through gambling is a choice. But now, I do understand that this is the reality of life that there are people that will always think of the odd idea on how make themselves debt free but instead, they're adding more pressure to themselves and will result to having more troubles to themselves. When you want to get out of debt, do it the traditional way by working and earning and paying it with your money.

In my opinion, there are people who think they can pay off their debts by relying on gambling, because there are reports that gambling can give them profitable wins and can also double their money, so this might cross their minds, so if they have a debt of $500 but that person has money. of $250 then he will use that $50 to gamble in the hope of getting a profitable win that will be enough for them to pay off the debt they have.

It's true what you said maybe this is a strange idea, because gambling doesn't guarantee that it will give them a win that can help them to pay off their debts, and with actions like this perhaps more clearly they will only have more pressure from their debts where the money is used for paying off the debt is instead used to gamble with the excuse of doubling up and as you said this will only add to the bigger problems they will get. I agree with you,  if you really want to pay off debt you should do a job that makes money and with a mind that doesn't think about gambling you can double your money quickly.
It doesn't guarantee gain but the chance is there, so as for the other gamblers that think of it. It means that there's a chance for them to become profitable and with that, that's the reason they are leaning on for them to be able to pay their debts off. But the results as we know, it's going to be on and off but at most times, it will be off and disappointing results.

That's because they see that borrowing money can be used to gamble and they also see that with the borrowed money, they can have a chance to win even though gambling will not be able to give them the victory they imagine.
It is a bad idea to borrow money to gamble because it can worsen the situation, especially if they lose all their money. They will not be able to pay their debts when someone collects them so they will probably stay away from it.
Yes, they should look for work to earn income. And from that income, you can use a little to gamble. This will help you avoid debt problems.
With that logic and point of view, someone who's seeing it with gambling is likely to get more in debt. That's sad but there's no improvement with that thinking and understanding if they see some resolution through gambling with their situations.

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February 05, 2024, 07:19:22 AM
 #147

That's because they see that borrowing money can be used to gamble and they also see that with the borrowed money, they can have a chance to win even though gambling will not be able to give them the victory they imagine.
It is a bad idea to borrow money to gamble because it can worsen the situation, especially if they lose all their money. They will not be able to pay their debts when someone collects them so they will probably stay away from it.
Yes, they should look for work to earn income. And from that income, you can use a little to gamble. This will help you avoid debt problems.
With that logic and point of view, someone who's seeing it with gambling is likely to get more in debt. That's sad but there's no improvement with that thinking and understanding if they see some resolution through gambling with their situations.
However, someone who frequently gambles should not see debt as providing a solution for them when they have no money. They should be able to restrain themselves from gambling when they don't have money.
They should just think about looking for a job to make money so they can allocate some money for their gambling activities. A person who is still in debt will run into problems sooner or later and when he realizes it, he really has difficulty solving the problem. Yes, it is sad but they should try to solve the problem by paying back their debts and never borrowing money again.

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February 05, 2024, 08:34:01 AM
 #148

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

The gambler was in the big debt can use this option to cover all the debt using the gambling site. But their was a risk in this way of the gambling, because the money for the game will be the loan money again. The gambling was the two side coin, So the gambler also win and make free from the debts. They also added the loan if the again loss in the gambling site. In order to avoid of the second option, the gambler should learn the game. Because making the game profit is not easy one in the gambling site. The gambler don’t look for the entertainment or fun at this point. The full aim of the gambler is making huge profits in gambling site.

The society has lots of wrong view on gamblers, due to the behavior of other gamblers who can't control their gambling habit. One funny thing is that one gambler's behavior is used against every other gambler in the world. Because these people don't know much about gambling, they generalize the fact that gamblers can be careless with their money. A gambler who has decided to pay off his loans using his gambling wins, is not doing the right thing, he's actually not on the good gambling track. As such mistakes could lead to more troubles, if he ends up not winning the game. How would he generate money to settle for the previous debt he's owing and the money he just lost. Isn't it a thing of embarrassment for the person, if he's not financially conscious about his decisions.


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February 05, 2024, 08:38:50 AM
 #149

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

The gambler was in the big debt can use this option to cover all the debt using the gambling site.
You have to gamble and if someone like you thinks that it can cover all of your debt, good luck to you doing that but I even doubt that you can do it.

But their was a risk in this way of the gambling,because the money for the game will be the loan money again.
Not gonna be loaned again but it's going to lose.

The gambling was the two side coin,So the gambler also win and make free from the debts.
You keep on telling freeing from debts, covering all debts from gambling as if that's it's easy to do.

They also added the loan if the again loss in the gambling site.In order to avoid of the second option,the gambler should learn the game.Because making the game profit is not easy one in the gambling site.The gambler don’t look for the entertainment or fun at this point.The full aim of the gambler is making huge profits in gambling site.
Yeah, right..........a gambler that adds more loan to gamble again, a type of gambler that will never recover.

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February 05, 2024, 09:04:56 AM
 #150

His mistake is panic gambling. A gambler is not supposed to rush into staking money, without having a backup. Spending all his funds at a go is not proper, he's meant to reconsider his chances of winning. I've read of men who did spend their last card and were able to double it through gambling. But it's not same for everybody. Since we all have unique strategies of gambling, it wouldn't be nice to hope on gambling to solve our financial trouble. The gambler may end up causing himself more harm than good, as his results could be unsuccessful. That doesn't mean the guy in the picture wasn't responsible at some point, he only faced a real-life challenge which landed him into a bigger trouble. So, even if one is a responsible gambler, he could find himself in a state of mind where he wouldn't be able to control his choices and decisions anymore. Thereby leading him to a very hard life condition.
It's a very simple logic that gamble is not a reliable means to fall on to in resolving our immediate financial responsibility at hand, more often we have learned about the stories of people that got their problem compounded by using part of the money they had because it was not sufficient in solving or meeting the challenge they are facing but only to lose it all going back to zero default.

Sometimes these decisions are not motivated by addiction but mainly by the zeal for instant money making means of which gambling is fashioned to have such an outlook but in the end it's usually the opposite results that is being experienced by the victims. Maybe under such condition if only the individual could sit down to analyze the weight of the consequence that may befall him if he loses the part of the money he has in possession in solving his problem to losing it all, just maybe they will think of considering another better alternative than to gamble with the insufficient amount they have already.

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February 05, 2024, 09:58:20 AM
 #151

It is only applicable when all of a sudden and you've won. But if you are on your right mind and you think that you can gamble and win and then pay off your debts through winning, I don't think that it is ever going to work and a good idea. We are gamblers and we need to do better than that. People make fun of us because of the mistakes that we've been doing and even we've got problems already to take, we should do the right decisions and don't create ourselves something that they can notice and have fun of.

The gambler was in the big debt can use this option to cover all the debt using the gambling site. But their was a risk in this way of the gambling, because the money for the game will be the loan money again. The gambling was the two side coin, So the gambler also win and make free from the debts. They also added the loan if the again loss in the gambling site. In order to avoid of the second option, the gambler should learn the game. Because making the game profit is not easy one in the gambling site. The gambler don’t look for the entertainment or fun at this point. The full aim of the gambler is making huge profits in gambling site.

The society has lots of wrong view on gamblers, due to the behavior of other gamblers who can't control their gambling habit. One funny thing is that one gambler's behavior is used against every other gambler in the world. Because these people don't know much about gambling, they generalize the fact that gamblers can be careless with their money. A gambler who has decided to pay off his loans using his gambling wins, is not doing the right thing, he's actually not on the good gambling track. As such mistakes could lead to more troubles, if he ends up not winning the game. How would he generate money to settle for the previous debt he's owing and the money he just lost. Isn't it a thing of embarrassment for the person, if he's not financially conscious about his decisions.



By the way, what you've mentioned is true, that's why many other people thinks that gambling is not a good activity because of other irresponsible gamblers where they don't know the right way to handle their money and winnings. OP's statement is one  example of a gambler who has a wrong mindset, that you will gamble to pay off debts which is not the right thing to do.
If you are thinking of another way even though you know that it is difficult to do, it is better that you do that first before you go to what you think, which is wrong and should not be done because you are only putting yourself more to a bigger problem.



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February 05, 2024, 10:27:23 AM
 #152

It's not impossible unless you are lucky. But the risk is too high, instead of having money to pay debts, if it is suddenly lost in gambling, it will be an additional problem for you to think about, That's a fact that anyone should think of. If the money you have is supposedly used to pay your debts, whatever happens, using it in gambling should not be done.
But it will be difficult for them to get that luck. We know that luck will not always come when gambling, but that doesn't stop them from chasing wins. But if they borrow money from other people, they will only make the problem bigger where they will also have difficulty paying off their debts, especially if they experience loss and lose all their money. We should gamble using our own money rather than borrowing money to avoid even bigger problems. But if the money you have is limited, you should not think about multiplying your money by gambling because that doesn't guarantee you can make money, especially since gambling is just for fun.
That's why I stated that it's impossible. You can't always rely on luck, especially in situations like gambling. Sometimes people may feel lucky, but they don't know the result until it happens. They may end up losing all their money trying to pay their debts before they realize that they are not lucky enough to make money by gambling.

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February 05, 2024, 10:53:34 AM
 #153

It would be much more wiser to get something doing other than gambling that would be able to help you pay of your debts asap. Gambling with the little you have left might put you in even much dept because you may be left with nothing at all and start from the scratch raising the money.

Gambling is not a problem solver. When you have a problem or debt to pay you don`t have to rely on gambling because it will expand the problem and create a new one. For instance, if I have $1000 and I need $2000 to solve a problem. If I gamble with the $1000 I might lose it and when I do, I am no longer in need of $1000 but $2000 and the question now is, if it was difficult getting $1000 then it becomes more challenging getting $2000. Now, If I turn to getting a loan to solve the problem, I will have to pay more interest than I would if I had collected only $1000. That means creating more problems for myself.

Gambling should be done with money set aside after bills are settled and not using money meant for bills to gamble. This is irresponsibility. People should learn to be passive gamblers, approaching gamblers as something you engage in once in a while without paying much attention to the outcome. Let people get a job in which their income is certain and forget about gambling to help them tackle life challenges. Gambling will not help you tackle these challenges but make you vulnerable to more challenges

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February 05, 2024, 02:40:41 PM
 #154

It would be much more wiser to get something doing other than gambling that would be able to help you pay of your debts asap. Gambling with the little you have left might put you in even much dept because you may be left with nothing at all and start from the scratch raising the money.

Gambling is not a problem solver. When you have a problem or debt to pay you don`t have to rely on gambling because it will expand the problem and create a new one. For instance, if I have $1000 and I need $2000 to solve a problem. If I gamble with the $1000 I might lose it and when I do, I am no longer in need of $1000 but $2000 and the question now is, if it was difficult getting $1000 then it becomes more challenging getting $2000. Now, If I turn to getting a loan to solve the problem, I will have to pay more interest than I would if I had collected only $1000. That means creating more problems for myself.

Gambling should be done with money set aside after bills are settled and not using money meant for bills to gamble. This is irresponsibility. People should learn to be passive gamblers, approaching gamblers as something you engage in once in a while without paying much attention to the outcome. Let people get a job in which their income is certain and forget about gambling to help them tackle life challenges. Gambling will not help you tackle these challenges but make you vulnerable to more challenges
In my experience, treating technology as a problem solver makes things worse. The lesson is hard for some late. With money that is actually spare, I believe in gambling for enjoyment. It entertains, not solves money problems. Also, I support passive gambling. You enjoy the game without worrying about its consequences. My advice is to stop using critical funds. Keep gambling fun and avoid regret with responsible gambling.

Stressing that gambling is a hobby and that income comes from dependable sources is vital. Maintaining equilibrium and accepting that the chances are always against you is key. Please keep gambling entertaining and away from our life solutions.

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February 05, 2024, 03:05:32 PM
 #155

Anyone who gambles uses money that has a special purpose by thinking that by putting it into gambling it can be multiplied quickly. I'm sure the results will end badly. Don't use money that is of interest in gambling, but use more money that you have or can afford. If you lose it, it's best if you want to pay off your debts, it's better to sell valuables or get a loan, and stop gambling first

Someone who sells of properties to repay debts from gambling can likely go back chasing the money lost. To gamble and have high expectations for profit is the cause of this because many gamblers put the mind of winning always and they increase their staking bankroll out of proportion at the end some even borrow to try repaying. It is better to gamble as reasonably as possible and not to over stake in anticipation for profit that you don't get but stocked into borrowing or selling property to pay bank debt. It is better to stop gambling if you can't control the loses instead of borrowing , to borrow set someone backwards. You can borrow to invest but not to gamble.

i guess, the OP's story is quite common in a lot of gamblers. betting their borrowed money for the hope that they will get more but instead, they will likely lose it all. this is gambling, and you are a very lucky person if you will go home as a winner. to avoid such tight scenario in your case, better pay your debt if you are just loaning some money. don't stake it to uncertainty like in gambling. you are just subjecting yourself to more debt or more trouble especially if you got the money from loan sharks implementing very high interest rate.

True, this is a common scenario that has been experienced or done by most gamblers especially those who are already in the addiction phase, they make loans like an alternative to fund their gambling activities or gamble with the aim of paying off debts, however this is a very wrong thought because as you said that what will happen is just the opposite, instead of getting a win but instead suffering more losses. There are so many facts and bad effects experienced by addicted gamblers that they lose more money and run out of all the valuables they have.

So the point is that if you want to win then you have to be really lucky, but on the other hand anyone will never know when he will be able to get lucky, so this is the reason why gambling should not be used as a place to earn especially with the aim of paying off debt, because this will clearly only create new problems where you will be more in debt and stuck in debt problems that make you feel tremendous pressure. Therefore, we must really straighten out our views on gambling, don't be too excessive in concluding something, look at it from various sides so that you can get the real facts about gambling.

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February 05, 2024, 03:35:39 PM
 #156

It's not impossible unless you are lucky. But the risk is too high, instead of having money to pay debts, if it is suddenly lost in gambling, it will be an additional problem for you to think about, That's a fact that anyone should think of. If the money you have is supposedly used to pay your debts, whatever happens, using it in gambling should not be done.
But it will be difficult for them to get that luck. We know that luck will not always come when gambling, but that doesn't stop them from chasing wins. But if they borrow money from other people, they will only make the problem bigger where they will also have difficulty paying off their debts, especially if they experience loss and lose all their money. We should gamble using our own money rather than borrowing money to avoid even bigger problems. But if the money you have is limited, you should not think about multiplying your money by gambling because that doesn't guarantee you can make money, especially since gambling is just for fun.
That's why I stated that it's impossible. You can't always rely on luck, especially in situations like gambling. Sometimes people may feel lucky, but they don't know the result until it happens. They may end up losing all their money trying to pay their debts before they realize that they are not lucky enough to make money by gambling.

Because luck always cannot be known when it comes and when it goes, so this is what sometimes deceives gamblers, such as when they are in a winning situation at that time they apply greed because they think that they can get a bigger win but in the end it turns out that the results at the end of the session are disappointing which makes them lose everything, one of the reasons is because luck is no longer on their side, or meaning it is gone. But gamblers do not understand this, in such a situation what happens is that they will get emotional because they do not accept the defeat which makes them vent their emotions by putting a much larger amount. Usually this kind of situation will mostly trap gamblers to finally enter the addiction phase, so I agree with you that don't make gambling a place or intermediary to pay debts, it's too absurd.

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February 05, 2024, 03:45:10 PM
 #157

Sound like a curse, the moment you start gambling to pay back your debt you have opened a door to a forever debt paying because the problem after will be you vs the gambling habit, you won't be able to quit, it's a different thing if you gamble because you have no other choice at that moment and you win, then you never look back.

I know someone who was forced to gamble, because he wanted to send her small sister to school, with no parents alive to help them, he turned into a gambler and to my surprise he was lucky, he use gambling money to start a business in Lagos Nigeria and to my surprise he still keeps gambling till today.

When I asked him how he is doing it without losing everything back he said he know how risky gambling is, and for him to avoid losing it all, he stick with a certain amount, I like calling him a genius, because he maintained his belief in gambling very well, no greed and he is a successful business guy now, if you and up paying your debt with gambling there is a big chance that you will want to continue, and since getting lucky was what found you at first, you will easily become greedy.

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February 05, 2024, 03:50:55 PM
 #158

~snip~
That's why I stated that it's impossible. You can't always rely on luck, especially in situations like gambling. Sometimes people may feel lucky, but they don't know the result until it happens. They may end up losing all their money trying to pay their debts before they realize that they are not lucky enough to make money by gambling.
Most of them will feel lucky because they can win some money, but they don't realize that they can't have that luck in the next round and that they should stop gambling immediately. They need to stop immediately before they end up losing all their money and being unable to pay their debts. Especially if they decide to continue gambling after winning but instead experience a loss that costs them all their money. It will make them frustrated and regretful because they had the opportunity to stop gambling but didn't take it immediately. It was a fatal mistake, but everything had happened, and they couldn't get any more wins, and they couldn't even continue gambling because all their money had run out.

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February 05, 2024, 03:52:17 PM
 #159

His mistake is panic gambling. A gambler is not supposed to rush into staking money, without having a backup. Spending all his funds at a go is not proper, he's meant to reconsider his chances of winning. I've read of men who did spend their last card and were able to double it through gambling. But it's not same for everybody. Since we all have unique strategies of gambling, it wouldn't be nice to hope on gambling to solve our financial trouble. The gambler may end up causing himself more harm than good, as his results could be unsuccessful. That doesn't mean the guy in the picture wasn't responsible at some point, he only faced a real-life challenge which landed him into a bigger trouble. So, even if one is a responsible gambler, he could find himself in a state of mind where he wouldn't be able to control his choices and decisions anymore. Thereby leading him to a very hard life condition.
Sometimes gambling isn't just about trying to win but successfully gambling and yet staying responsible enough regardless of the outcome of the results the game on which you did gambled, some persons want to solve their financial problems with gambling and yet they lack a good strategy with which they gamble and that Alone is wrong as a good gambler.

There are strategy that worked for others but may not work for another because we all have our presence and we don't have the same kind mindset or approach towards how we want to achieve that which we aim to achieve gambling. Some persons get lucky staking their last money and it turns out to be multiplied and help them solve some of their financial issues but the others may try same and still lose everything, if you don't get that Lucky often then it will be better you just don't spend your last cash gambling, wait until you have got enough to spare then give it a trial.

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February 05, 2024, 04:01:28 PM
 #160


Gambling is not a problem solver. When you have a problem or debt to pay you don`t have to rely on gambling because it will expand the problem and create a new one. For instance, if I have $1000 and I need $2000 to solve a problem. If I gamble with the $1000 I might lose it and when I do, I am no longer in need of $1000 but $2000 and the question now is, if it was difficult getting $1000 then it becomes more challenging getting $2000. Now, If I turn to getting a loan to solve the problem, I will have to pay more interest than I would if I had collected only $1000. That means creating more problems for myself.


The gambler who want to solve their loan they will choose the gambling,So as you said they try to multiple the 1000 dollars to 2000 dollars.Their is the risk in the gambling,but if they had a good skills in the gambling site.So they can use this option to solve the gambling.But if they loss the money,they should have a plan B to manage the loss and the entire money.Some people use to do the trade to multiple the money,but actually it need of more time as compared to the gambling site.


Gambling should be done with money set aside after bills are settled and not using money meant for bills to gamble. This is irresponsibility. People should learn to be passive gamblers, approaching gamblers as something you engage in once in a while without paying much attention to the outcome. Let people get a job in which their income is certain and forget about gambling to help them tackle life challenges. Gambling wil not help you tackle these challenges but make you vulnerable to more challenges

The gambler should learn the game and increase their skills,experience in the gambling site.Because many gamblers use to loss the funds by doing the random betting in the gambling site.The gambler who use yo do the gambling should have the steady income from the job or business.Because the gamblers may get depressed if they loss and don’t have any backup money from the regular income.

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February 05, 2024, 04:04:49 PM
 #161



The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
I think after your friend had exhausted every option and every possible means to get more money to pay his rent opted for gambling which is the greatest mistake he made according to this proverb "a bird at hand is worth two in the bush" meaning he should have kept that money if possible pay half of the rent money and seek for other means to pay off his balance truly working part-time is also a good option unfortunately in his bid to pay his dept squandered the remaining money on gambling thus adding more to his problems, I think story is wake up call to gamblers who intended to follow that method to completely avoid that means of debt repayment.

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February 05, 2024, 04:10:36 PM
 #162

the chances of winning or multiplying the money they bring which indirectly they like to rule out the possibility of losing which in the end when the result turns out to be losing then usually they are unable to accept the fact because it does not match their wishes.

This is one of the sad but true facts. Whenever we play, we never think about the possibility of losing our deposit. We gamblers always think that we will win something big or at least we will double our deposit. Or at least some profits from the deposit. We do not think that we could lose our bets. When it comes to gambling, nothing is guaranteed. But, some of us always like to be confident in ourselves while we all know the fact that the house always wins.

We should not forget that everything has a positive and a negative side. Losing is a dark side of gambling which harm you financially. So, everyone is advised to gamble with the money they could afford to lose. But, how many of us care?
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February 05, 2024, 04:11:05 PM
 #163



The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
I think after your friend had exhausted every option and every possible means to get more money to pay his rent opted for gambling which is the greatest mistake he made according to this proverb "a bird at hand is worth two in the bush" meaning he should have kept that money if possible pay half of the rent money and seek for other means to pay off his balance truly working part-time is also a good option unfortunately in his bid to pay his dept squandered the remaining money on gambling thus adding more to his problems, I think story is wake up call to gamblers who intended to follow that method to completely avoid that means of debt repayment.
We cant be sure that he'd really be able to exhaust himself on finding up those other ways on which it would be that normal that someone would really be considering on doing gambling just because
this option is much more faster and something that more instant and could give out the possibility on making money in short time. The thing here is that you as a gambler then there's no assurance
that you could really be able to make it out. This is why people do fucked up themselves just because they do have those kind of wishful  thinking that they could really be able to
make easy money with gambling or do really think that they would really be able to solve out their problems without any issues on using up this option without even trying to look up for the
risks.

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February 05, 2024, 04:21:47 PM
 #164

With that logic and point of view, someone who's seeing it with gambling is likely to get more in debt. That's sad but there's no improvement with that thinking and understanding if they see some resolution through gambling with their situations.
However, someone who frequently gambles should not see debt as providing a solution for them when they have no money. They should be able to restrain themselves from gambling when they don't have money.
They should just think about looking for a job to make money so they can allocate some money for their gambling activities. A person who is still in debt will run into problems sooner or later and when he realizes it, he really has difficulty solving the problem. Yes, it is sad but they should try to solve the problem by paying back their debts and never borrowing money again.
Yeah, having a job is the main solution for paying off the debts that a gambler has. There's no need to rethink of it and just look at the part when you can easily pay it with your salaries. You have to talk to the person that you owe money and explain that you'll pay it eventually with the use of your salary without any other sources like gambling again. Because it has already taught you on how to be better with yourself and it's not the way on how you should pay your debts.

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February 05, 2024, 04:54:32 PM
 #165

Gambling as a path to financial salvation is like trying to outrun a forest fire with a gasoline-soaked rag. It's a recipe for disaster, and anyone who goes down that route is more likely to get burned than bailed out. Gambling is like digging deeper with a shovel labeled "false hope." Even if they win a little, the odds are overwhelmingly stacked against them digging their way out. They'll likely end up losing more, sinking further into debt, and potentially facing even harsher consequences.

This isn't just about your friend; it's a widespread issue. People facing financial hardship often see gambling as a quick fix, a chance to turn their luck around with one big win. But the reality is, gambling preys on desperation, and the house always wins in the long run.

Instead of chasing elusive riches through bets, there are far more responsible and sustainable ways to address financial challenges. Budgeting, seeking professional help, or exploring alternative income streams are all paths towards a brighter future.

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February 05, 2024, 06:00:00 PM
 #166

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

You've made a very valuable point that is worth noting.
I could've sworn you were just talking directly to me. I too have been a victim of this unimaginable state you wouldn't wish to find yourself in.

 A few years ago, back in college days, I was desperately in need of money complete my tuition fee, I was completely out of cash and out of options. I tried to get loans from friends, and even from my bank, but all were declined, I had half of the money with me, so I used it to fund my account in one online casino back then. It was actually my first time of gambling. I've always heard so much about it but I hadn't tried it.

So this time I tried it and staked all the money in a game, and guess what, I actually won the bet and I made over 10X of my money, I withdrew the money, paid off my tuition fee, sorted out other stuffs and still had change.

So my friend, just because your friend tried it and didn't work for him doesn't mean it won't also work for others, cos it sure worked for me.
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February 05, 2024, 07:30:46 PM
 #167

Well, he made his decision to take the risk and there's really nothing wrong with it. What's ideal is to just give the small amount for consideration of where is is in debt with than to gamble and having nothing to even offer. You'd only know things once you are in that position already; imagine if he won his bet, did he still do the wrong thing? Well yes but reactions would change I guess. For sure he knew its possibility but he still gambled his luck and remaining money as his way to pay the debt. Maybe he was left with no other option, even if it is a bad thing to do, he still choice to do things well.

But going back, it is not a good thing to borrow money for such excuses and purposes especially if you know to yourself that you won't have anything left then it is just a gamble of one's luck. There will be interest rate with loan or borrowed money. But never be too confident that he it is his friend's car.

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February 05, 2024, 08:06:37 PM
 #168

he made the wrong and very fatal decision, he gambled with the aim of doubling his money, but the final result was even more miserable, this is an important lesson for all of us not to gamble with money that has a special purpose especially

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February 06, 2024, 06:06:03 AM
 #169

Yeah, having a job is the main solution for paying off the debts that a gambler has. There's no need to rethink of it and just look at the part when you can easily pay it with your salaries. You have to talk to the person that you owe money and explain that you'll pay it eventually with the use of your salary without any other sources like gambling again. Because it has already taught you on how to be better with yourself and it's not the way on how you should pay your debts.
That should be what is on their minds so they can pay off their debts and not try to make money from gambling. In any case, they will just find it difficult to make money from gambling so they might as well forget about it.
Having debt because they used their money to gamble is not a good plan because it can confuse them about how to pay off their debt.
If you can't pay off all your debts, you will be chased by people who lent you money. When that happens, you will feel uncomfortable.

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February 06, 2024, 07:17:50 AM
 #170

he made the wrong and very fatal decision, he gambled with the aim of doubling his money, but the final result was even more miserable, this is an important lesson for all of us not to gamble with money that has a special purpose especially
He is not aware that what he is doing is gambling which will clearly always guarantee that gamblers will lose.
It is mistake to think about being able to double their money from gambling.
The second mistake is that gambling should be place to have fun, not place to escape to make money and be solution that can help in solving problems such as paying off debts.
I sure anyone who does this will receive bad consequences which will clearly be difficult to accept, he only has small amount of money and wants to make more but in the end everything is lost with nothing left.
This became really painful sadness because he had to experience more difficult problems.

Well, from here there will be valuable learning that can be taken and there are experiences that might change the mindset of every gambler so they don't make the same mistakes.

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February 06, 2024, 07:51:40 AM
 #171

-snip-

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
I'm confused as to why there are people who think that one way to double their money is by gambling, because I think that's the act of frustrated people because people with a healthy mind understand that gambling is not a good way to double their money, even when we do business there are opportunities to lose money or have to wait until we can make a profit, especially in gambling, so there is no right way and quickly to double our money, everything needs a process because if there really is a right and fast way to double our money, including gambling, then there are no poor people because it can be done gambling because all financial problems can be solved by gambling.

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February 06, 2024, 09:57:03 AM
 #172

Before, I don't understand why people think that paying their debts through gambling is a choice. But now, I do understand that this is the reality of life that there are people that will always think of the odd idea on how make themselves debt free but instead, they're adding more pressure to themselves and will result to having more troubles to themselves. When you want to get out of debt, do it the traditional way by working and earning and paying it with your money.

In my opinion, there are people who think they can pay off their debts by relying on gambling, because there are reports that gambling can give them profitable wins and can also double their money, so this might cross their minds, so if they have a debt of $500 but that person has money. of $250 then he will use that $50 to gamble in the hope of getting a profitable win that will be enough for them to pay off the debt they have.

It's true what you said maybe this is a strange idea, because gambling doesn't guarantee that it will give them a win that can help them to pay off their debts, and with actions like this perhaps more clearly they will only have more pressure from their debts where the money is used for paying off the debt is instead used to gamble with the excuse of doubling up and as you said this will only add to the bigger problems they will get. I agree with you,  if you really want to pay off debt you should do a job that makes money and with a mind that doesn't think about gambling you can double your money quickly.
It doesn't guarantee gain but the chance is there, so as for the other gamblers that think of it. It means that there's a chance for them to become profitable and with that, that's the reason they are leaning on for them to be able to pay their debts off. But the results as we know, it's going to be on and off but at most times, it will be off and disappointing results.

just say the chance of winning, the chance of winning in gambling does exist and it can happen or be obtained if we really have luck. However, it is not a good decision if you want to pay off your debt in the hope of winning at gambling or being able to double your money at gambling. because winning at gambling is uncertain and not guaranteed, with our intention to pay off the debt, it will not just give us a win.

that's right, the final result is definitely defeat, not victory, therefore we shouldn't continue to have high hopes for gambling which can help the problems we experience in real life, if you really have debt then think about the good and correct way with a clean mind , work to make money and save to pay off the debts you have because that is what you definitely have to do when you have debts that must be paid and repaid. It is a wrong assumption that you can pay off debts by gambling, if you are lucky then you might win, but in reality losing dominates more, and gambling is a paid game and the winnings are bonuses.

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February 06, 2024, 10:59:16 AM
 #173

But going back, it is not a good thing to borrow money for such excuses and purposes especially if you know to yourself that you won't have anything left then it is just a gamble of one's luck. There will be interest rate with loan or borrowed money. But never be too confident that he it is his friend's car.
Just gambling with debt is already wrong, how about wanting to pay off debt by gambling proceeds, that is definitely a fatal mistake, in fact many gamblers end tragically, they commit suicide because they have a lot of debt and pressure from debt collectors who hunt them down, so many gamblers who ended his life because he had debts from loan sharks, that's why never try to borrow money from anyone because the risk is high as you mentioned earlier, such as high interest rates which can make it even more difficult to pay it off.

he made the wrong and very fatal decision, he gambled with the aim of doubling his money, but the final result was even more miserable, this is an important lesson for all of us not to gamble with money that has a special purpose especially
Yes, that's wrong, that's why so many gamblers end their lives because they ultimately can't pay their debts, this should also be a concern and also a lesson for other gamblers, never try to owe anyone just to finance their gambling, gambling is not a place for you. we are not looking for money but for entertainment and having fun, that's why never gamble if you don't have money, let alone not being able to control your money properly, if you can control yourself and have a steady job, aka more income, there's no problem gambling because there is still more money to gamble and not used, unless we really have limited money, we should not force ourselves to gamble because it will only make things chaotic if it is not controlled properly. 

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February 06, 2024, 11:02:13 AM
 #174

the chances of winning or multiplying the money they bring which indirectly they like to rule out the possibility of losing which in the end when the result turns out to be losing then usually they are unable to accept the fact because it does not match their wishes.

This is one of the sad but true facts. Whenever we play, we never think about the possibility of losing our deposit. We gamblers always think that we will win something big or at least we will double our deposit. Or at least some profits from the deposit. We do not think that we could lose our bets. When it comes to gambling, nothing is guaranteed. But, some of us always like to be confident in ourselves while we all know the fact that the house always wins.

We should not forget that everything has a positive and a negative side. Losing is a dark side of gambling which harm you financially. So, everyone is advised to gamble with the money they could afford to lose. But, how many of us care?

Yes, what you said is always in someone's mind when gambling, most gamblers carry such mindsets and beliefs, as I said above that they like to rule out the possibility of losing in gambling so that they only think about winning and never think about what if in the end they lose, because obviously in gambling there is absolutely nothing that can ensure or guarantee you to win at the end of the session. In the end, this mindset and belief will make them feel even more disappointed at the end of the session when it turns out that the results really lose.

Yes, that's the point, everything that has the possibility of profit will always have the possibility of loss, for example in business which is always about profit and loss, and especially in gambling which is basically just a betting activity that whatever dedication you do will not be fully useful because of the randomness system applied by the casino. So in essence gambling is nothing more than a game of chance, not only about the chances of winning but the possibility of losing is also a sure thing, so you have also said that this is the reason why gamblers should always put the amount that can be accounted for.

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February 06, 2024, 03:43:17 PM
 #175

-snip-

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
I'm confused as to why there are people who think that one way to double their money is by gambling, because I think that's the act of frustrated people because people with a healthy mind understand that gambling is not a good way to double their money, even when we do business there are opportunities to lose money or have to wait until we can make a profit, especially in gambling, so there is no right way and quickly to double our money, everything needs a process because if there really is a right and fast way to double our money, including gambling, then there are no poor people because it can be done gambling because all financial problems can be solved by gambling.

True, I am also strange about such people, even though they have common sense that can be used to think and consider everything but there are still those who view gambling as a place to earn or even make it a full-time job, this should not be allowed and must be straightened out because this mindset is the starting point for many disasters that they never expected. On the other hand, I believe that the main reason is because they only see gambling from one side, namely the "chance of winning", they think that they will be able to get a big win when in fact it is nothing more than a chance which means it is still uncertain to become a reality. Some gamblers who end up addicted always start with this mindset where they focus too much on winning to the exclusion of losing. That's right, in the business world alone it is very possible for someone to experience a loss for some reason, let alone in gambling which has no certainty. Therefore this must be straightened out, gambling should be fun and not a medium for earning considering the level of risk that can never be separated, the logic is as you say if gambling can really produce then obviously there will be no more poor people in the world.

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February 06, 2024, 04:00:12 PM
 #176

~~
Yeah, having a job is the main solution for paying off the debts that a gambler has. There's no need to rethink of it and just look at the part when you can easily pay it with your salaries. You have to talk to the person that you owe money and explain that you'll pay it eventually with the use of your salary without any other sources like gambling again. Because it has already taught you on how to be better with yourself and it's not the way on how you should pay your debts.
The most effective way to pay off debt is to look for other sources of income, such as looking for a side job, instead of betting to meet the required shortfall. Digging a hole to cover the hole can be done temporarily if the payment is due. When you are in a tight situation, you must be able to think clearly so as not to add to the problem to solve the problem.

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February 06, 2024, 04:04:41 PM
 #177

That was just too stupid of him. There are other ways to complete the amount he needed but it should not be in gambling. Bank offer loans for those who needs and all he have to think about are the interest rates. Gambling it is not the solution that will help his problem.
Man, I hope he didn't do much stupider thing after he lost. It's not even a 50-50 in slots, the chances to win are slim that you might as well give it a try on other games than it. Before slot games gives back, sometimes it requires hundreds to thousands of bets.
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February 06, 2024, 04:44:29 PM
 #178

That was just too stupid of him. There are other ways to complete the amount he needed but it should not be in gambling. Bank offer loans for those who needs and all he have to think about are the interest rates. Gambling it is not the solution that will help his problem.
Man, I hope he didn't do much stupider thing after he lost. It's not even a 50-50 in slots, the chances to win are slim that you might as well give it a try on other games than it. Before slot games gives back, sometimes it requires hundreds to thousands of bets.

I won't disagree with you. Taking the step of gambling the little money left in order to try to tackle debt is one of the most irresponsible things to do as a gambler, right after asking for loans to gamble with them. Though, realistically, if he was that desperate enough to try to gamble that money to pay those loans in the first place it is very likely that person had already depleted other traditional and more orthodox options, like asking for the bank to help out.
By the way, you must consider that, if he already had an active loan, it is very likely banks would have denied his request to ask for more money. Financial institutions talk among themselves and let one another know what people are supposed to be trusted with money and who are a very bad history of credit. So he probably knew he did not have much changes to be granted a loan at the bank.
Still, not the solution to gamble, in the slim case he managed to (at the very least) double his money on an online casino, he would have lost it all again because I doubt he would have stopped at a 2x multiplier. Sadly, that is how impulsive people operate.

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February 06, 2024, 05:34:15 PM
 #179

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application
What you just described shows that gambling can never be the answer to ones problems especially if you aren't familiar to this art and have no strategy to get to where you want to go..

And just so you know, when it comes to gambling and someone is under pressure things usually never go your way as you are in a desperate mode and not in the right mindset which means reckless decisions can be made.

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
Agreed, if it's not fun based gambling without any commitments don't gamble.

If financing is an option do take it to avoid unnecessary pressure on yourself.

R


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February 06, 2024, 06:48:37 PM
 #180

Most of them will feel lucky because they can win some money, but they don't realize that they can't have that luck in the next round and that they should stop gambling immediately. They need to stop immediately before they end up losing all their money and being unable to pay their debts. Especially if they decide to continue gambling after winning but instead experience a loss that costs them all their money. It will make them frustrated and regretful because they had the opportunity to stop gambling but didn't take it immediately. It was a fatal mistake, but everything had happened, and they couldn't get any more wins, and they couldn't even continue gambling because all their money had run out.
That is due to their previous winnings making them too proud to try another game and it turns out they are not lucky at that time. However, during that time, they can't easily stop as they have a goal of paying their debts. They will continue their game and end up losing all the money they have. That's why many people who gamble feel lucky when they win some money. They often fail to realize that their luck may not continue in the next round, and they should stop gambling immediately. If they continue gambling, they may end up losing all their money and being unable to pay their debts. This always happens if they keep gambling after winning, only to experience a big loss that costs them all their winnings. Such a situation is likely to leave them feeling frustrated and regretful because they had the opportunity to stop gambling but didn't take it. Sadly, once they lose all their money, they won't be able to continue gambling, even if they wish to do so. It's crucial to understand that previous winnings shouldn't make one overconfident to try another game, as it may turn out that luck is not on their side this time. Therefore, gambling to pay off debts is not advisable.it is not advisable to gamble to pay your debt.

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February 06, 2024, 09:37:32 PM
 #181

That was just too stupid of him. There are other ways to complete the amount he needed but it should not be in gambling. Bank offer loans for those who needs and all he have to think about are the interest rates. Gambling it is not the solution that will help his problem.
Man, I hope he didn't do much stupider thing after he lost. It's not even a 50-50 in slots, the chances to win are slim that you might as well give it a try on other games than it. Before slot games gives back, sometimes it requires hundreds to thousands of bets.
   When people starts putting unnecessary pressure on their self they tend to make irrational decisions that can cause them, and when their actions goes against them, that self- realization can lead to depression especially when you’re out of option. Gambling is not something we should put hope on or be a resort one should have. This games are programmed to eat out money, we should always remember that we can’t beat the house no matter how much is being won, the money  will be given back to house if you don’t step back from it. Nothing good comes out from gambling just so you know.
   I won’t even support lending money to someone for gambling, that’s is not a wise move in my own opinion, no matter how close you are with the person, you are even doing good for the person. It’s better the person get the loan and then add it to the little one he has to make up for the rent than to blow it up on gambling that is not even sure. We need to start making smart decisions and don’t be carried away with what we see online. Not every thing you see in the net is true. A lot of people are misguided by what they see on the internet thereby putting themselves in unnecessary pressure. Slow hustle is still hustle if we don’t know no matter how slow the hustle might be as long we ain’t giving up it will surely click one day.
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February 06, 2024, 09:48:10 PM
 #182

Most of them will feel lucky because they can win some money, but they don't realize that they can't have that luck in the next round and that they should stop gambling immediately. They need to stop immediately before they end up losing all their money and being unable to pay their debts. Especially if they decide to continue gambling after winning but instead experience a loss that costs them all their money. It will make them frustrated and regretful because they had the opportunity to stop gambling but didn't take it immediately. It was a fatal mistake, but everything had happened, and they couldn't get any more wins, and they couldn't even continue gambling because all their money had run out.
That is due to their previous winnings making them too proud to try another game and it turns out they are not lucky at that time. However, during that time, they can't easily stop as they have a goal of paying their debts. They will continue their game and end up losing all the money they have. That's why many people who gamble feel lucky when they win some money. They often fail to realize that their luck may not continue in the next round, and they should stop gambling immediately. If they continue gambling, they may end up losing all their money and being unable to pay their debts. This always happens if they keep gambling after winning, only to experience a big loss that costs them all their winnings. Such a situation is likely to leave them feeling frustrated and regretful because they had the opportunity to stop gambling but didn't take it. Sadly, once they lose all their money, they won't be able to continue gambling, even if they wish to do so. It's crucial to understand that previous winnings shouldn't make one overconfident to try another game, as it may turn out that luck is not on their side this time. Therefore, gambling to pay off debts is not advisable.it is not advisable to gamble to pay your debt.
Once that you do have that kind of confidence that has been built up then you would really be having that kind of behavior on which it would really be that making yourself that persevering on trying out to achieve something on what you do have in mind. On this case on which we are seeing about that paying up a DEBT via doing gambling on which this is really just that a suicide thing or something that you cant really be able to make yourself that able to achieve. This is why it would really be that best that you should be having that kind of realistic approach about on things in regarding risks and other things. No one on their right minds that they would be making use gambling as a financial solution into their current problems when it comes to money on which it cant really be taken up if we do speak about the danger that it do have.

If you've been thinking up this way then better stop, you are really just that making things more worst and something that it wont really be that recommended on doing so.
If you've been decided to go ahead then good luck! Dont cry out if you are in a condition which you have put up yourself into so much trouble or problem.

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February 07, 2024, 01:02:03 AM
 #183

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
When desperate a person can take a decision they may not have taken under normal circumstances, and this is an example of this, however what we do not know, since you do not specify it on your post, is why your friend was having problems paying their mortgage?

That is the core issue here, did they gambled that money away as well? Experimented some kind of emergency and were left without any funds? Or did they bought a house that was outside of their ability to pay? Because depending on what caused such an emergency the solution needed to solve the problem should be different.

.
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SeaCoinCollector.
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February 07, 2024, 05:39:42 AM
 #184

Your friend's story serves as a warning or lesson about risk of using gambling to solve money problems. He could have think of other options like getting a loan, selling things he owns that he don't use, or even find an extra work to pay off his debts. It's important to make smart choices especially when facing tough times with money.
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February 07, 2024, 05:53:09 AM
 #185

Your friend's story serves as a warning or lesson about risk of using gambling to solve money problems. He could have think of other options like getting a loan, selling things he owns that he don't use, or even find an extra work to pay off his debts. It's important to make smart choices especially when facing tough times with money.

My friend... consolidating loans to pay off debt, seldom work...because you simply enable the person to make more debt, because you are creating more disposeable money that can be used to make more loans. ( Never borrow more money to try to reduce debt)

People try to get a quick solution for their financial problems, by gambling and hoping for a big win... this almost never happen... and puts them in a worst position.

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February 07, 2024, 06:00:17 AM
 #186

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
Your friend lost his money because he was very much in need of the money and didn't know that gambling is not a good job for one to look for money over there.
You can gamble but don't get in a hurry to win because you want to pay bills. This is a good example that shows that a gambler should not gamble because he has bills urgently, by doing this you will lose like your friend. It's better to pay with the little money you have than to gamble with the ones you have. When your gamble recklessly you will also lose recklessly. When you are not financial capable of something you have to wait until the money comes.

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February 07, 2024, 10:42:24 AM
 #187

That is due to their previous winnings making them too proud to try another game and it turns out they are not lucky at that time. However, during that time, they can't easily stop as they have a goal of paying their debts. They will continue their game and end up losing all the money they have. That's why many people who gamble feel lucky when they win some money. They often fail to realize that their luck may not continue in the next round, and they should stop gambling immediately. If they continue gambling, they may end up losing all their money and being unable to pay their debts. This always happens if they keep gambling after winning, only to experience a big loss that costs them all their winnings. Such a situation is likely to leave them feeling frustrated and regretful because they had the opportunity to stop gambling but didn't take it. Sadly, once they lose all their money, they won't be able to continue gambling, even if they wish to do so. It's crucial to understand that previous winnings shouldn't make one overconfident to try another game, as it may turn out that luck is not on their side this time. Therefore, gambling to pay off debts is not advisable.it is not advisable to gamble to pay your debt.
just by virtue of having had good luck before, a gambler tries to find a budget to gamble again by borrowing money from other people with the assumption that he will get lucky again, whereas luck will only come once in a few times or even only come once in a lifetime.
so luck or previous winnings should not be considered as a benchmark for daring to seek a loan to gamble again and such an assumption is very ridiculous to me.

maybe in the past I have experienced the things you describe but now I realize that gambling is a risky place and it is not good if we are too confident in hoping we can win again the next day and always consider wisely when we want to borrow money just to gamble is a very big risk and is not recommended for anyone.

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February 07, 2024, 11:44:31 AM
 #188

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
Your friend lost his money because he was very much in need of the money and didn't know that gambling is not a good job for one to look for money over there.
You can gamble but don't get in a hurry to win because you want to pay bills. This is a good example that shows that a gambler should not gamble because he has bills urgently, by doing this you will lose like your friend. It's better to pay with the little money you have than to gamble with the ones you have. When your gamble recklessly you will also lose recklessly. When you are not financial capable of something you have to wait until the money comes.

This is the mistake when you make gambling as an alternative to making money with the aim of paying off debts, what will happen is just the opposite, as experienced by the person you mean where instead of getting money but instead losing money and certainly cannot pay debts. As you said, gambling is not a job because there is no certainty for anyone to be able to win, and that means it really doesn't make sense to make gambling a place to earn, especially if your needs are urgent such as paying debts or other things.

On the other hand, this incident can be used as an example that it is indeed a fact that gambling cannot be used as a place to earn considering that there is absolutely no guarantee or certainty that can make you win at the end of the session, and what happens instead is that the situation will get worse where you lose some money and of course you will feel unusual pressure due to the urgent situation of debt plus losing money from gambling. Gambling should be a fun activity to occupy your leisure time without placing any expectations on winning because it is not easy to get lucky.

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February 07, 2024, 11:53:36 AM
 #189

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
We should not make gambling as a tool to get rich or become successful because most likely it won't happen unless you are lucky enough to hit something big on it. That is why it is highly recommended to gamble with just extra money so we won't end up losing our hard earned money and our savigs or investments.



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February 07, 2024, 01:35:57 PM
 #190

~snip~
That is due to their previous winnings making them too proud to try another game and it turns out they are not lucky at that time. However, during that time, they can't easily stop as they have a goal of paying their debts. They will continue their game and end up losing all the money they have. That's why many people who gamble feel lucky when they win some money. They often fail to realize that their luck may not continue in the next round, and they should stop gambling immediately. If they continue gambling, they may end up losing all their money and being unable to pay their debts. This always happens if they keep gambling after winning, only to experience a big loss that costs them all their winnings. Such a situation is likely to leave them feeling frustrated and regretful because they had the opportunity to stop gambling but didn't take it. Sadly, once they lose all their money, they won't be able to continue gambling, even if they wish to do so. It's crucial to understand that previous winnings shouldn't make one overconfident to try another game, as it may turn out that luck is not on their side this time. Therefore, gambling to pay off debts is not advisable.it is not advisable to gamble to pay your debt.
Yes, that's right, because as they win, it makes them forget to stop their gambling activities, so they intend to get even bigger wins. But apparently, it's not what they imagined, so they slowly experience loss, which, if they don't realize it, will only waste their money, even all their money, including the winnings they got. They will no longer be able to enjoy the winnings because it has all been used for gambling and has even been lost in gambling. When they can win from gambling, they should be able to stop gambling and leave gambling while taking the winnings with them. But because greed got the best of them, they lost all their money and could not pay their debts. They will be chased by people who lent them money because they don't pay their debts, so they have to work very hard to have money to pay their debts. But if they still intend to pay their debts through gambling, they will experience difficulties because gambling is not for making money and is just for fun. They will only become frustrated because they cannot win, so they will return to gambling to be able to win the gambling game. But they will still find it difficult to win big because gambling will not allow them to make money easily.

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February 07, 2024, 04:54:31 PM
 #191

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
We should not make gambling as a tool to get rich or become successful because most likely it won't happen unless you are lucky enough to hit something big on it. That is why it is highly recommended to gamble with just extra money so we won't end up losing our hard earned money and our savigs or investments.

Honestly I have never found or just heard rumors about gamblers who managed to get rich from their gambling activities, I really wouldn't believe it even if someone said it because if we look again at the facts about gambling it is really not possible for anyone to get rich from their gambling involvement, The reason is because after all gambling is nothing more than a game of chance where the casino only provides "chances or possibilities" for gamblers, meaning there is a chance for you to win and there is also a possibility for anyone to end up losing, one of these two results will be the answer to every session you do.

In addition, there is absolutely no certainty for anyone to win at the end of the session, and in fact it is more likely to lose, because it is difficult to get a lucky streak in gambling which is the reason why this activity cannot be used as a place to work or a place to earn, it is too impossible and too risky. Honestly, I would only believe that you can get rich in gambling if you are basically a bookie who owns your own casino. Therefore, don't even think about earning in gambling because the fact is that you will experience more disappointment at the end of the session.

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February 07, 2024, 05:05:40 PM
 #192

It's a very simple logic that gamble is not a reliable means to fall on to in resolving our immediate financial responsibility at hand, more often we have learned about the stories of people that got their problem compounded by using part of the money they had because it was not sufficient in solving or meeting the challenge they are facing but only to lose it all going back to zero default.

Sometimes these decisions are not motivated by addiction but mainly by the zeal for instant money making means of which gambling is fashioned to have such an outlook but in the end it's usually the opposite results that is being experienced by the victims. Maybe under such condition if only the individual could sit down to analyze the weight of the consequence that may befall him if he loses the part of the money he has in possession in solving his problem to losing it all, just maybe they will think of considering another better alternative than to gamble with the insufficient amount they have already.
The fact is that, we all know this and we all care about it, and that means we are going to end up with a return that will not be all that crazy, it will make sure that we are going to end up with a good return one way or another. It should not be all that crazy to handle, and we could make that work.

I believe that if people keep thinking like that, then they are going to end up with a result that should not be all that crazy to see, it would need to be something that should considered to be a little different, and I believe that if we are not going to get anything major, then I would say it is going to be a little different situation. I hope that people could see that as the difference and the biggest win point to people.

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February 07, 2024, 08:06:28 PM
 #193

Your friend's story serves as a warning or lesson about risk of using gambling to solve money problems. He could have think of other options like getting a loan, selling things he owns that he don't use, or even find an extra work to pay off his debts. It's important to make smart choices especially when facing tough times with money.

My friend... consolidating loans to pay off debt, seldom work...because you simply enable the person to make more debt, because you are creating more disposeable money that can be used to make more loans. ( Never borrow more money to try to reduce debt)

People try to get a quick solution for their financial problems, by gambling and hoping for a big win... this almost never happen... and puts them in a worst position.
Luck of winning thread is something that is going to help one to make money in gambling. Once we understand how to bet and understand the kind of bet that will keep giving us money, we could keep winning for long without any loses. Gambling is fun and getting loan to play bets can be a safe ground for those that have good strategies to make money in gambling. We don't need to depend on bets to pay off our debt. The hood gamblers can take severe risks and make money from gambling but if a mere gambler try such pattern, thing might backfire and everything might become lose. We can pay off debt through gambling, that's for those that are very good.

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February 07, 2024, 08:12:44 PM
 #194

We should not make gambling as a tool to get rich or become successful because most likely it won't happen unless you are lucky enough to hit something big on it.
If there are gamblers that happen to become successful with gambling all of a sudden, that's okay and if they're expecting that but it did happen. That's cool.

But I agree to you that it shouldn't be thought that someone's going to be successful with that. I know that many of us really want to be successful with our bets and as we gamble, using it as a way to pay off your debt. You can do better than that.

That is why it is highly recommended to gamble with just extra money so we won't end up losing our hard earned money and our savigs or investments.
It's okay to allocate some funds too from your salary as long as it is not gonna hurt your pocket.

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wiss19
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February 08, 2024, 06:23:31 AM
 #195

This is the mistake when you make gambling as an alternative to making money with the aim of paying off debts, what will happen is just the opposite, as experienced by the person you mean where instead of getting money but instead losing money and certainly cannot pay debts. As you said, gambling is not a job because there is no certainty for anyone to be able to win, and that means it really doesn't make sense to make gambling a place to earn, especially if your needs are urgent such as paying debts or other things.

On the other hand, this incident can be used as an example that it is indeed a fact that gambling cannot be used as a place to earn considering that there is absolutely no guarantee or certainty that can make you win at the end of the session, and what happens instead is that the situation will get worse where you lose some money and of course you will feel unusual pressure due to the urgent situation of debt plus losing money from gambling. Gambling should be a fun activity to occupy your leisure time without placing any expectations on winning because it is not easy to get lucky.
This has to be one of the most common ways to lose money as well, people keep talking about how they are going to end up making money from it but we all know that mathematically it is impossible for someone to make money forever, even if you get some money quickly by getting a very lucky win, that just means that you are going to end up losing it all back if you keep gambling.

There are situations where people get super lucky, like get the jackpot, and those are lucky but those are one in a million and there is no way that we know you are going to be one of those people and you will probably end up losing it. This is why it should be important that we are checking what we are looking at, and we should find some other way to pay the debt off.

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ethereumhunter
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February 08, 2024, 11:36:17 AM
 #196

This has to be one of the most common ways to lose money as well, people keep talking about how they are going to end up making money from it but we all know that mathematically it is impossible for someone to make money forever, even if you get some money quickly by getting a very lucky win, that just means that you are going to end up losing it all back if you keep gambling.

There are situations where people get super lucky, like get the jackpot, and those are lucky but those are one in a million and there is no way that we know you are going to be one of those people and you will probably end up losing it. This is why it should be important that we are checking what we are looking at, and we should find some other way to pay the debt off.
When it comes to making money from gambling, people make a big mistake in thinking they can make money from gambling more often than they would like. They can make money from gambling, but they will also experience losses that may be bigger than their wins. So they should not think about making money from gambling to pay off their debts because they may suffer more losses.

People who can get the jackpot will not get it too often. Usually, after they get the jackpot, they will experience defeat if they continue gambling so they can spend all their money, even with their winnings. If someone gets the jackpot, they should be able to stop themselves for a while and, enjoy their winnings and reduce tension after winning. But never try to make money from gambling to meet daily needs or to pay debts because that will make you lose a lot of money.

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February 08, 2024, 07:26:25 PM
 #197

This is the mistake when you make gambling as an alternative to making money with the aim of paying off debts, what will happen is just the opposite, as experienced by the person you mean where instead of getting money but instead losing money and certainly cannot pay debts. As you said, gambling is not a job because there is no certainty for anyone to be able to win, and that means it really doesn't make sense to make gambling a place to earn, especially if your needs are urgent such as paying debts or other things.

On the other hand, this incident can be used as an example that it is indeed a fact that gambling cannot be used as a place to earn considering that there is absolutely no guarantee or certainty that can make you win at the end of the session, and what happens instead is that the situation will get worse where you lose some money and of course you will feel unusual pressure due to the urgent situation of debt plus losing money from gambling. Gambling should be a fun activity to occupy your leisure time without placing any expectations on winning because it is not easy to get lucky.
This has to be one of the most common ways to lose money as well, people keep talking about how they are going to end up making money from it but we all know that mathematically it is impossible for someone to make money forever, even if you get some money quickly by getting a very lucky win, that just means that you are going to end up losing it all back if you keep gambling.

There are situations where people get super lucky, like get the jackpot, and those are lucky but those are one in a million and there is no way that we know you are going to be one of those people and you will probably end up losing it. This is why it should be important that we are checking what we are looking at, and we should find some other way to pay the debt off.
Instead on making money, they would rather lose it all and make the situation even more worst considering that they would really be needing to repay the loan that they did make. This is why it would really be always that best that they should really be that thinking up responsibly on the actions that they are thinking. Who would really be on their right minds that they would really be taking
up some loan just for them to gamble on which they didnt really be able to think up about the potential risks that they could be able to experience?
It would really be just making the situation getting more worst and this is something that those people would really be that needing to realize for themselves
on whats good and bad for them.Its not really that hard to determine imho.

tbterryboy
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February 10, 2024, 02:39:02 PM
 #198

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
We should not make gambling as a tool to get rich or become successful because most likely it won't happen unless you are lucky enough to hit something big on it. That is why it is highly recommended to gamble with just extra money so we won't end up losing our hard earned money and our savigs or investments.
Being rich and successful is subjective. For some they feel rich already if they have a couple of dollars. It also makes them feel successful because they achieved this kind of target. Then there's these people who thinks they are rich because they are free from problems. One of the activity they use to enjoy is gambling. Like my first example, this can also be considered as a kind of success.

An extra money is still part of our hard-earned money and many of us started with that but eventually we still go beyond our limits. So, it wasn't really about the amounts that we use but it's about our mental state. we need to follow practices that can improve it.
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February 10, 2024, 03:01:30 PM
 #199

It is not easy to win a huge amount of money from gambling; at least we have to get really lucky to achieve it. No doubt, with courage, perseverance, and a strong determination to take the risk, we can break that impossibility. But it is important to remember that it is a game, where the winning chance will be less than the losing rate. Thus, always considering the risks before plunging into such activities is essential.

When it comes to using borrowed money for gambling, it is strongly advised to abstain from such practice as it will surely lead one into the world of misfortune and a myriad of complications. This isn’t about a cat and a mouse but a snake pit where one gets into deep darkness and loses their way forever.
In order to prevent the adverse effects of reckless gambling, we should have the capacity to manage these activity correctly. When it is considered that all forms of gambling can lead you down a dark path, disrupting your life and financial equilibrium, it would be best if you opt out.

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February 10, 2024, 03:51:44 PM
 #200

Being rich and successful is subjective. For some they feel rich already if they have a couple of dollars. It also makes them feel successful because they achieved this kind of target. Then there's these people who thinks they are rich because they are free from problems. One of the activity they use to enjoy is gambling. Like my first example, this can also be considered as a kind of success.

An extra money is still part of our hard-earned money and many of us started with that but eventually we still go beyond our limits. So, it wasn't really about the amounts that we use but it's about our mental state. we need to follow practices that can improve it.
That's right, being rich definitely means having a lot of money, but being successful cannot always be linked to money, there are also many people who are successful because they successfully graduated from higher education and so on.  anyway, we must avoid stories like this (pay off debts by gambling), it is impossible for us to be able to pay the debt that we currently have to pay by gambling, things related to psychology certainly have a big influence on this.  

debt is an obligation that must be fulfilled every month until it is paid off. we have been given a deadline so take advantage of it.  don't think that gambling will be the only answer to paying off debt.

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February 13, 2024, 02:47:30 AM
 #201

This has to be one of the most common ways to lose money as well, people keep talking about how they are going to end up making money from it but we all know that mathematically it is impossible for someone to make money forever, even if you get some money quickly by getting a very lucky win, that just means that you are going to end up losing it all back if you keep gambling.

There are situations where people get super lucky, like get the jackpot, and those are lucky but those are one in a million and there is no way that we know you are going to be one of those people and you will probably end up losing it. This is why it should be important that we are checking what we are looking at, and we should find some other way to pay the debt off.
If those that have the plan to pay their debts with gambling, actually took the time to think about what they are doing and made a small research about it, they will realize very soon that their chances of success are not very good.

But even this is beyond most people, since they are not really interested in finding out the actual chances of their plan succeeding, what they want is of their hope of doing so to keep going, even if they should know better and they could have realized already that no matter what they do, paying their debts in this way is not going to happen.

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February 13, 2024, 04:06:07 PM
 #202

That's right, being rich definitely means having a lot of money, but being successful cannot always be linked to money, there are also many people who are successful because they successfully graduated from higher education and so on.  anyway, we must avoid stories like this (pay off debts by gambling), it is impossible for us to be able to pay the debt that we currently have to pay by gambling, things related to psychology certainly have a big influence on this.  

debt is an obligation that must be fulfilled every month until it is paid off. we have been given a deadline so take advantage of it.  don't think that gambling will be the only answer to paying off debt.
Yes, that's true because success doesn't mean that we succeed in getting abundant wealth. But success is more about how we can have something difficult for other people to get. For example, having a good and secure job makes people jealous because we can get it while they can't. But it could also be that success is associated with gaining abundant wealth because if there is a person who previously had nothing but thanks to his hard work, that person now has a lot of money. That person has had success until he can earn a lot of money.

But are we paying off debt using gambling? It's difficult because instead of making money, we will experience more losses, increasing the amount of money we lose. If we want to pay debts while we don't have money, we should look for a job that can make money to get a salary from that job.

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February 13, 2024, 11:23:24 PM
 #203

Win big unexpectedly then pay off your debts.

But if that's not happening, don't be too hopeful that you'll get to fully pay your debt by gambling. It's a ridiculous decision if you're going to continue that.

Pay with your money, your salary or any income from your cash flow and gamble only with the spare you own not with something that's meaningful to you.



.
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February 13, 2024, 11:40:26 PM
 #204

This has been said many times, never risk the money that is necessary for your life. Get into gambling when you've got excess money after meeting all your end-of-month needs. There are people who risk the money required for different needs, lose it gambling, and once again start to borrow, ending up in debt.

This is commonly seen with people who consider gambling a way of earning money. Such a mindset needs to be removed. Here the situation of the person is the same; he should have paid the installment with what is available. Remaining, he should have arranged for some alternate choice. Now he needs to borrow more, take the pressure of paying it within the deadline, and think of repaying the borrowed money.

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Jody.Drummer
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February 14, 2024, 12:10:19 AM
 #205

Win big unexpectedly then pay off your debts.

But if that's not happening, don't be too hopeful that you'll get to fully pay your debt by gambling. It's a ridiculous decision if you're going to continue that.

Pay with your money, your salary or any income from your cash flow and gamble only with the spare you own not with something that's meaningful to you.

I'm not saying that you can't win because gambling always provides the opportunity to win in any amount to every gambler but the problem is that it's not easy to always be able to get good luck to succeed in getting a large amount of winnings, And another thing that is feared when you gamble with the intention of paying off debt is when it turns out that in the end the final session does not match what you want then it is very vulnerable for gamblers to end up with emotions, I mean it is difficult to ignore emotions when you put your hopes on winning, and what usually happens is that you actually fall because you cannot control the emotions in yourself.

Therefore I think it is better to, "pay off your debts first" and never assume that gambling can pay off your debts because most of the facts that happen are that you will even get more in debt because of treating gambling in the wrong way, because after all in gambling there is always no certainty that can guarantee you to win at the end of the session and what if it turns out that you lose more? therefore avoid silly ideas like this.

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February 14, 2024, 01:37:17 PM
 #206

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
No doubt, gambling is risky, and it is the reason why it should not be an option for those who are looking for money desperately. If not, they will rather lose more instead of making that money. Gambling is such that is not so friendly when it comes to emotion, and desperation is part of it, it will only put pressure on you, and if you are such that is not relaxed enough, the feeling that you want the money so badly will always cloud your judgement and you will continue to make mistakes.

If you need money like that, sort it elsewhere, it is only a few people out of many who have been lucky enough to go scot-free in this regard. Can you imagine what the guy opted for, the slot games? That is the reason he lost the money, he didn't even give it the needed fight and thought. Slot games are not games that you rely on your belief and what you know, it is almost absolutely reliant on the luck of the gambler which makes it not the right door to knock in the time of desperation. Or else, you have a higher chance of losing that money.

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February 14, 2024, 01:45:06 PM
 #207

People who gamble with such a plan think that the financial loan they are taking will be paid off by gambling and they will do it in a very quick time. There is good reason to think that, the gambler thinks only positive at that time and he thinks that if I gamble using the amount of capital I have, I will win several times and use that money to pay off my loan. When they come to gamble with such a plan and lose money instead of making money, they realize that the reality is not what they had calculated. 
You don't have to think about only the positive side or only the negative side of the work, but there can be both positive and negative aspects of the work, and which one is more likely to happen, then you need to take such a decision. 

I always say that if we are in debt then we should pay off the loan first and once the loan is paid off then we should take that decision. I'm in debt but I lost money by gambling without paying the debt then no we couldn't pay our debt and we couldn't make money by gambling means then we both lose.

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February 14, 2024, 02:04:22 PM
 #208

People who gamble with such a plan think that the financial loan they are taking will be paid off by gambling and they will do it in a very quick time. There is good reason to think that, the gambler thinks only positive at that time and he thinks that if I gamble using the amount of capital I have, I will win several times and use that money to pay off my loan. When they come to gamble with such a plan and lose money instead of making money, they realize that the reality is not what they had calculated. 
You don't have to think about only the positive side or only the negative side of the work, but there can be both positive and negative aspects of the work, and which one is more likely to happen, then you need to take such a decision. 

I always say that if we are in debt then we should pay off the loan first and once the loan is paid off then we should take that decision. I'm in debt but I lost money by gambling without paying the debt then no we couldn't pay our debt and we couldn't make money by gambling means then we both lose.

The chances of this coming true are very slim yet the gamblers think that they are going to hit it big in their next session and of course they are optimist when they go to the casino to play.We have a saying here for the gamblers as many of them are losers so we say a gambler is someone who enters the casino like a boss and exit from it like a street beggar.So yeah no sounded logical person would ever take a loan to gamble and to pay debt with that money.

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February 14, 2024, 02:31:56 PM
 #209

People who gamble with such a plan think that the financial loan they are taking will be paid off by gambling and they will do it in a very quick time. There is good reason to think that, the gambler thinks only positive at that time and he thinks that if I gamble using the amount of capital I have, I will win several times and use that money to pay off my loan. When they come to gamble with such a plan and lose money instead of making money, they realize that the reality is not what they had calculated. 
You don't have to think about only the positive side or only the negative side of the work, but there can be both positive and negative aspects of the work, and which one is more likely to happen, then you need to take such a decision. 

I always say that if we are in debt then we should pay off the loan first and once the loan is paid off then we should take that decision. I'm in debt but I lost money by gambling without paying the debt then no we couldn't pay our debt and we couldn't make money by gambling means then we both lose.

The chances of this coming true are very slim yet the gamblers think that they are going to hit it big in their next session and of course they are optimist when they go to the casino to play.We have a saying here for the gamblers as many of them are losers so we say a gambler is someone who enters the casino like a boss and exit from it like a street beggar.So yeah no sounded logical person would ever take a loan to gamble and to pay debt with that money.
Earning money in all other professions is somewhat difficult and time consuming but gamblers think that it is possible to earn money in gambling without any effort that's why they choose gambling as their only source of income. If the gambler thought that he had the prospect of earning money as well as the possibility of losing money, he would never have made such a decision. I think people who are in debt should not gamble at all. If a gambler is in debt, subsequent gambling will only increase his debt, but he will never be able to pay off his loan if he gambles. Yes of course it is true that the gambler risks his own money but we can say what is right and what is wrong and that is what we are saying here. We may be able to discuss what is right and wrong but it is entirely up to the gambler what he wants to do.

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February 15, 2024, 03:07:04 AM
 #210

It seems like there are a lot of gamblers who think that gambling can solve their problems, including paying off their debts if they are able to win a certain amount of money or can double their money when gambling. People like this usually don't think too much about the risks because as far as I know, people who think regarding the risks of gambling, he will not consider gambling to be able to solve their problems, in fact gambling can create new problems that further complicate their own situation.

This has been reminded many times by many threads here that don't take too much risk in using money when financial conditions are difficult, because it will be a big risk for them because they will experience defeat due to the fact that people who dare to take risks may not necessarily be able to produce as expected. In fact, it will destroy your hopes and it will be increasingly difficult for you to pay off your debts caused by gambling losses

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February 18, 2024, 11:30:21 PM
 #211

Win big unexpectedly then pay off your debts.

But if that's not happening, don't be too hopeful that you'll get to fully pay your debt by gambling. It's a ridiculous decision if you're going to continue that.

Pay with your money, your salary or any income from your cash flow and gamble only with the spare you own not with something that's meaningful to you.

I'm not saying that you can't win because gambling always provides the opportunity to win in any amount to every gambler but the problem is that it's not easy to always be able to get good luck to succeed in getting a large amount of winnings, And another thing that is feared when you gamble with the intention of paying off debt is when it turns out that in the end the final session does not match what you want then it is very vulnerable for gamblers to end up with emotions, I mean it is difficult to ignore emotions when you put your hopes on winning, and what usually happens is that you actually fall because you cannot control the emotions in yourself.

Therefore I think it is better to, "pay off your debts first" and never assume that gambling can pay off your debts because most of the facts that happen are that you will even get more in debt because of treating gambling in the wrong way, because after all in gambling there is always no certainty that can guarantee you to win at the end of the session and what if it turns out that you lose more? therefore avoid silly ideas like this.
I agree and that's what I have said in the latter that if you've got your own money or from your salary or any means that it is yours.

Much better to choose the safest way to pay your debt through that than choosing to gamble and then you might have another problem on top of that.



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February 18, 2024, 11:35:09 PM
 #212

It seems like there are a lot of gamblers who think that gambling can solve their problems, including paying off their debts if they are able to win a certain amount of money or can double their money when gambling. People like this usually don't think too much about the risks because as far as I know, people who think regarding the risks of gambling, he will not consider gambling to be able to solve their problems, in fact gambling can create new problems that further complicate their own situation.

This has been reminded many times by many threads here that don't take too much risk in using money when financial conditions are difficult, because it will be a big risk for them because they will experience defeat due to the fact that people who dare to take risks may not necessarily be able to produce as expected. In fact, it will destroy your hopes and it will be increasingly difficult for you to pay off your debts caused by gambling losses

 This was happen to me when I had start the carrier in the gambling site.Because when we have a loan need to pay,but we don’t have enough money for paying complete loan.This leads to the gamblers to get more pressure in the gambling site to make money.This will make me to take more risk in the most of the game.The gamblers who take big risk in the gambling will ah e tow option,they will shine on the gambling site.The second one is different the loan repayment was become the harder one.They emotionally weaker person will loss the money easy in the gambling site.

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February 19, 2024, 01:08:01 AM
 #213

This has been reminded many times by many threads here that don't take too much risk in using money when financial conditions are difficult, because it will be a big risk for them because they will experience defeat due to the fact that people who dare to take risks may not necessarily be able to produce as expected. In fact, it will destroy your hopes and it will be increasingly difficult for you to pay off your debts caused by gambling losses
By gambling to pay off debt, gamblers are just going to increase their overall debt along the time, as they will be adding debt from gambling to their current debt they are trying to pay off through hypothetical gambling income. Profit which may never come, or that will eventually stop coming at some point the more they gamble, once they hit a long loss streak. For the debtor, gambling is just going to mess with his life even more, as the purpose of this activity isn't to proportionate people money to pay their debt.

If gambling worked this way, I guess nobody would have to work anymore, as they could simply use gambling as an ATM machine always they were in need for funds. People want easy and comfortable solutions for complex issues. The truth is that if you are in need for money, you have to work in order to acquire it. And there isn't any other alternative, if you aren't an heir from a wealthy family or don't have anyone behind sponsoring your expenses.

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February 19, 2024, 01:25:42 AM
 #214

By gambling to pay off debt, gamblers are just going to increase their overall debt along the time, as they will be adding debt from gambling to their current debt they are trying to pay off through hypothetical gambling income. Profit which may never come, or that will eventually stop coming at some point the more they gamble, once they hit a long loss streak. For the debtor, gambling is just going to mess with his life even more, as the purpose of this activity isn't to proportionate people money to pay their debt.

If gambling worked this way, I guess nobody would have to work anymore, as they could simply use gambling as an ATM machine always they were in need for funds. People want easy and comfortable solutions for complex issues. The truth is that if you are in need for money, you have to work in order to acquire it. And there isn't any other alternative, if you aren't an heir from a wealthy family or don't have anyone behind sponsoring your expenses.
And that is what many people do not want to acknowledge, the number of people that go from being poor or middle class to become rich and which do so without working hard is quite limited.

Anyone that wants to resolve their money issues have almost no other option but to work diligently towards that goal, no other solution other than that can work out, but since this requires a lot of effort, many people prefer to think that there is a way for them to achieve the same results without exerting themselves that much, a belief that is mistaken without a doubt.

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February 19, 2024, 01:54:29 AM
 #215

By gambling to pay off debt, gamblers are just going to increase their overall debt along the time, as they will be adding debt from gambling to their current debt they are trying to pay off through hypothetical gambling income. Profit which may never come, or that will eventually stop coming at some point the more they gamble, once they hit a long loss streak. For the debtor, gambling is just going to mess with his life even more, as the purpose of this activity isn't to proportionate people money to pay their debt.
It's funny that some gamblers are resorting to gambling to pay their debt. It would be good if you're lucky and able to earn a decent amount, but what if worse case happened? Gaining should not be the mindset when you gamble your money, once you wager, be prepared to lose since that is very possible. Therefore, forget about paying your debts or gaining huge in gambling, just enjoy the game. Because if you can't do (since your goal is to gain) chances are you'll only lose more for having such mindset.

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February 19, 2024, 02:42:53 AM
 #216

Sometimes it is hard, there are people who have made those decisions of wanting to multiply their money with slots or any online game, but we have to be Clear that there we are going to lose everything or nothing, this when you put that money That's what we have left, but I think that before that, you have to think about it, because things are not as they are portrayed in the movies or in any type of publicity, I know that slots are games that can be played with little money. can win a lot, but maybe OP's friend had a lot of despair and a lot of stress, those two things worked against him and left them with such negative results, then of course if the fact of us entering a casino out of necessity, well We shouldn't do it sometimes without meaning to we play and win, but playing under pressure and under that stress you can't play calmly.

A casino is not an ATM so things can look very Different when we are looking for things to do, if there are many ways to do things better, it could be a loan, something I don't recommend, but in the face of so much desperation and with fast money omejro that's it, but considering that things can be very difficult, that's much better than risking everything in a casino.

It depends on the location of the person, for example if you are in the USA or Europe there are jobs that are done by the hour and cost a few dollars, so if you do something like that, is it what I recommend because I eat more ? There is no Other way to have a normal job because they pay 15 and 15 of the month, but at least you have other outlets, but you immediately have to lend money, and the best thing is, I would lend money , but only to buy bitcoin at this moment , because it is the easiest way to have it and multiply it, there is no other way , but of course as I said before, remember in a moment of despair because these things happen.


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February 19, 2024, 03:11:44 AM
 #217

This is the worst thing that you can do in order to pay off your debts. I mean you already in lack of money, still you will take another loan to pay off this loan. Moreover you chooses gambling to do it so? Gambling is a profession where there is no uncertainty in winning. Everything depends on luck and how lucky you are. But still depending on something like this will be a foolish act. If you don’t want to increase your debt amount, then it’s better to avoid this idea.

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February 19, 2024, 04:14:15 AM
 #218

That's probably the worst thing that you can do, gambling so you can pay off your debts is a sure fire way to destroy your life and burden yourself with even more debt. I hope that this person didn't have that much debt though, I feel like people really need to understand that debt is a really heavy obligation and that people shouldn't just go on and ask for it or give it to someone because you're borrowing trust too if you're the borrower and the lender and it's really a hard thing to be a lender because you know that the money isn't going to go back anytime soon. Maybe we really need to teach the young people about debt because I do believe that if we instill a rule or principle early on their life, they'll be able to bring that until they're an adult, they're like a blank canvas at a really young age so it's a good idea to do so I think.



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February 19, 2024, 04:52:39 AM
 #219

Trying to pay your debts by gambling is the worst idea you can think of, an almost certain way to make your problems bigger and end up broke, as happened to the protagonist of the OP's story. We cannot repeat it enough times: gambling should be done with money you can afford to lose and never thinking that it will be the solution to your problems.

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February 19, 2024, 05:10:44 AM
 #220

That's probably the worst thing that you can do, gambling so you can pay off your debts is a sure fire way to destroy your life and burden yourself with even more debt. I hope that this person didn't have that much debt though, I feel like people really need to understand that debt is a really heavy obligation and that people shouldn't just go on and ask for it or give it to someone because you're borrowing trust too if you're the borrower and the lender and it's really a hard thing to be a lender because you know that the money isn't going to go back anytime soon. Maybe we really need to teach the young people about debt because I do believe that if we instill a rule or principle early on their life, they'll be able to bring that until they're an adult, they're like a blank canvas at a really young age so it's a good idea to do so I think.
Borrowing sums of money and not paying on time as promised is disrespectful. It is a virtue to be consistent with our words and not become abusive, particularly to individuals who showed concern, for instance, the lenders.

Perhaps teaching ethics and good morals to their kids is not normal in certain families.  I also recommended that it ought to be taught by parents and early school so that kids become honorable when they grow up raising families and laying out connections with others.

Gambling is only one of the choices we have to enjoy while likewise getting the chance to bring in money. So, getting cash in wagering is by chance and not an assurance.

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February 20, 2024, 11:32:25 AM
 #221

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

I think paying off debt through gambling is achievable if that individual is consistently receiving money, like a monthly salary or something like that, or any cash flow that he or she is consistently receiving. If he or she does have that, then the next step is to budget that money. For example, 5% of that money is for paying the debt, and the other 5% is for gambling. That 5%, he or she will try to gamble it and hopes to make it 3x more so it can be paid for the debt.

I think the problem with your friend is that he is not receiving consistent money to supply his daily needs and wants, and as a result, he cannot handle his debts because he is barely living, and that is the worst. In that situation, I think he needs to let go of gambling and try to find another source of income or side hustle. By working, he can pay off his debts without much risk because he is working and not gambling.
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February 21, 2024, 09:59:59 PM
Last edit: February 22, 2024, 11:06:20 AM by Quidat
 #222

That's probably the worst thing that you can do, gambling so you can pay off your debts is a sure fire way to destroy your life and burden yourself with even more debt. I hope that this person didn't have that much debt though, I feel like people really need to understand that debt is a really heavy obligation and that people shouldn't just go on and ask for it or give it to someone because you're borrowing trust too if you're the borrower and the lender and it's really a hard thing to be a lender because you know that the money isn't going to go back anytime soon. Maybe we really need to teach the young people about debt because I do believe that if we instill a rule or principle early on their life, they'll be able to bring that until they're an adult, they're like a blank canvas at a really young age so it's a good idea to do so I think.
Borrowing sums of money and not paying on time as promised is disrespectful. It is a virtue to be consistent with our words and not become abusive, particularly to individuals who showed concern, for instance, the lenders.

Perhaps teaching ethics and good morals to their kids is not normal in certain families.  I also recommended that it ought to be taught by parents and early school so that kids become honorable when they grow up raising families and laying out connections with others.

Gambling is only one of the choices we have to enjoy while likewise getting the chance to bring in money. So, getting cash in wagering is by chance and not an assurance.
Not really that totally disrespectful as long you would really be making some explanations for such delay and not really just that running away from your loan.
Paying off your debt no matter what the use of those amounts on the time that you had been promised on. Its never been good on running away from it.
You would really be losing your credibility and people would really be losing that trust into you on which it would be worsening up the situation.
Paying off debt and gamble with it or simply making it as a solution? You are really that basically putting up yourself on such great trouble.

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February 21, 2024, 10:46:27 PM
 #223

~~
The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

We agree with what you said, in fact if gambling is used to find an instant way to get money quickly. especially with the aim of paying off debt, the consequences can have a big impact. one of them, as you said in this thread. instead of doubling your money and getting winnings to cover or meet your needs, the result is that the gambling we do usually doesn't meet expectations. If we are lucky and win a gambling session with a large reward, then that is a blessing. or, we win and are destined to win that victory. but if it is the opposite, our problem will not be resolved, but the problem will actually expand and get bigger. like some of the points you mentioned, in the end we will try to look for loans here and there and how to try to get money. unfortunately, instead of covering previous debts, they ended up gambling again to chase losses. Cases like this often occur in our social environment. so, it's not a foreign problem for me personally.

One of the keys to solving the problem is, as you said  looking for part time work. or, get a little creative to bring in money without having to risk it at the gambling table. referring to my experience, when our emotional situation is not in a pleasant condition, we are in debt and so on. then gambling, usually does not answer our needs. in fact, we don't get any pleasure from the gambling sessions we do. however, if we are in an exciting situation, the gambling we do is often the opposite. hit after good hit during a betting session, often according to our happy mood. although in reality, it's not always that specific.

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February 23, 2024, 04:24:28 PM
 #224

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
If a person couldn't even pay their bills or necessities, then why would they even risk losing their money on gambling?
In gambling or investment only risk what you could afford to lose and they couldn't even afford to pay what they need so why would they even have to risk what they have?
I only agree on instead of risking the little money that they have in gambling they should focus on earning more than they are currently earning since it is clear that it isn't enough, even if they do take loan they would still be indebt so it is useless, the only solution would be to earn more.



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February 23, 2024, 04:31:17 PM
 #225

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
If a person couldn't even pay their bills or necessities, then why would they even risk losing their money on gambling?
In gambling or investment only risk what you could afford to lose and they couldn't even afford to pay what they need so why would they even have to risk what they have?
I only agree on instead of risking the little money that they have in gambling they should focus on earning more than they are currently earning since it is clear that it isn't enough, even if they do take loan they would still be indebt so it is useless, the only solution would be to earn more.
I dont know on why these people do really think off about gambling as their last resort or solution into such problem on which we know that this is really that a form of suicide on which there's no way that
gambling could really be the solution on such problem specially on trying out to pay some bills and you do have that last money and tends to gamble it out because you do hope that you could be able to pay
up your bills via doing gambling then it is really just that suicide. You would really be finding yourself into greater trouble on the time that you do make out such decision on which we know that its never been
worth on doing gambling to be a money problem solver because instead you do find out a solution you would rather make the situation gets more worst so better be careful with your decisions in life.  Cheesy

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February 23, 2024, 05:03:46 PM
Last edit: February 25, 2024, 01:52:55 PM by len01
 #226

Not really that totally disrespectful as long you would really be making some explanations for such delay and not really just that running away from your loan.
Paying off your debt no matter what the use of those amounts on the time that you had been promised on. Its never been good on running away from it.
You would really be losing your credibility and people would really be losing that trust into you on which it would be worsening up the situation.
Paying off debt and gamble with it or simply making it as a solution? You are really that basically putting up yourself on such great trouble.
when someone has debt to another person and cannot pay it back on time and giving an explanation and asking for an extension of time for me much better and also having good ethics like still having the responsibility to return the money.
It's also better than forcing yourself to get results in other ways such as gambling to double your money and quickly pay off your debts its quite clear that he expects more from gambling, whereas gambling is only a place of entertainment, but instead gamblers see it as place to make money.

anyone here or out there, I hope that you never think of gambling as an opportunity to make money or hope too much because that kind of thinking very bad and we can be too dependent on gambling every time we need money, we will definitely run to gambling in the hope getting money get money but if you are not lucky make sure we don't double the money but double problem we have to return the money and also lose the money at same time.

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February 23, 2024, 05:13:06 PM
 #227

when someone has a debt to another person and cannot pay it back on time and giving an explanation and asking for an extension of time for me is much better and also having good ethics like still having the responsibility to return the money.
It's also better than forcing yourself to get results in other ways such as gambling to double your money and quickly pay off your debts it's quite clear that he expects more from gambling, whereas gambling is only a place of entertainment, but instead gamblers see it as a place to make money.

anyone here or out there, I hope that you never think of gambling as an opportunity to make money or hope too much because that kind of thinking is very bad and we can be too dependent on gambling every time we need money, we will definitely run to gambling in the hope of getting money get money but if you are not lucky make sure we don't double the money but double the problem we have to return the money and also lose the money at the same time.

As long as you have a sincere intention to pay off your debt, I am 100% sure that the debt collector will give in and give you an additional deadline, but if you want to run away from your responsibility then it will definitely be difficult to pay off your debt and the debt giver will not give you relief.
gambling is a risky activity, especially the risk will increase when you have debts that you have to pay, I suggest always being stable in paying debts, debt management is very important, if you pay off your debt on time then you will get used to doing that and always focus (it would be better for gamblers to stay away from debt activities)



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February 24, 2024, 01:46:04 AM
 #228

when someone has a debt to another person and cannot pay it back on time and giving an explanation and asking for an extension of time for me is much better and also having good ethics like still having the responsibility to return the money.
It's also better than forcing yourself to get results in other ways such as gambling to double your money and quickly pay off your debts it's quite clear that he expects more from gambling, whereas gambling is only a place of entertainment, but instead gamblers see it as a place to make money.

anyone here or out there, I hope that you never think of gambling as an opportunity to make money or hope too much because that kind of thinking is very bad and we can be too dependent on gambling every time we need money, we will definitely run to gambling in the hope of getting money get money but if you are not lucky make sure we don't double the money but double the problem we have to return the money and also lose the money at the same time.

As long as you have a sincere intention to pay off your debt, I am 100% sure that the debt collector will give in and give you an additional deadline, but if you want to run away from your responsibility then it will definitely be difficult to pay off your debt and the debt giver will not give you relief.


Exactly! but not all lending companies give a grace period on the debts you have to pay. Usually they are strict in their policy and they will really follow what is stated in the agreement, they can also pull the collateral you gave them anytime you fail to pay.




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February 25, 2024, 01:52:17 AM
 #229

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
If a person couldn't even pay their bills or necessities, then why would they even risk losing their money on gambling?
In gambling or investment only risk what you could afford to lose and they couldn't even afford to pay what they need so why would they even have to risk what they have?
I only agree on instead of risking the little money that they have in gambling they should focus on earning more than they are currently earning since it is clear that it isn't enough, even if they do take loan they would still be indebt so it is useless, the only solution would be to earn more.
Many people are that irresponsible, right now we live in a culture that is always looking for a quick fix to any problem, so if a person is lacking money, instead of thinking about decreasing their current expenses or learning a new skill which could allow them to get a better job.

What they want is to solve their problems as fast as possible, and they think that gambling can be a way to do this, since gambling could allow them to get enough money for their needs with relatively low effort and do so rapidly, but this is a naive view, since it is way more likely they will lose their money and aggravate their problems instead.

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stomachgrowls
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February 25, 2024, 06:48:35 AM
 #230

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
If a person couldn't even pay their bills or necessities, then why would they even risk losing their money on gambling?
In gambling or investment only risk what you could afford to lose and they couldn't even afford to pay what they need so why would they even have to risk what they have?
I only agree on instead of risking the little money that they have in gambling they should focus on earning more than they are currently earning since it is clear that it isn't enough, even if they do take loan they would still be indebt so it is useless, the only solution would be to earn more.
Many people are that irresponsible, right now we live in a culture that is always looking for a quick fix to any problem, so if a person is lacking money, instead of thinking about decreasing their current expenses or learning a new skill which could allow them to get a better job.

What they want is to solve their problems as fast as possible, and they think that gambling can be a way to do this, since gambling could allow them to get enough money for their needs with relatively low effort and do so rapidly, but this is a naive view, since it is way more likely they will lose their money and aggravate their problems instead.
Just let them be on which they wont really be able to make themselves able to learn those lessons on the time that they wont be able to experience those hardships.Its not necessary for you to experience first before
you would really be making out such actions but it would really be that always best to avoid it at all cost and dont let it happen but since people doesnt really learn up so easy then this is why they do mess
up along the way. Paying debt by doing gambling? It is really just simply a suicide and its never been that recommended on doing so. It is really just that there are people who do make themselves getting blind
and dont really avoid on things and they are really that neglecting about those risks.

We are really that putting our selves on huge risks if we do make use of our last money to gamble and hoping that it would be making it big and be able to have solved those problems
which it would be too risky. Chances on busting up is high,so its not really recommended.

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February 25, 2024, 08:07:15 AM
 #231

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
If a person couldn't even pay their bills or necessities, then why would they even risk losing their money on gambling?
In gambling or investment only risk what you could afford to lose and they couldn't even afford to pay what they need so why would they even have to risk what they have?
I only agree on instead of risking the little money that they have in gambling they should focus on earning more than they are currently earning since it is clear that it isn't enough, even if they do take loan they would still be indebt so it is useless, the only solution would be to earn more.
This is a fact that a lot of people have failed to put into consideration. If a person is struggling to pay their bills or meet their basic needs, then gambling isn't the best option for them, I know for some reason, gambling might look like the best way to multiply your money and then use it to pay off your outstanding bills. But this is the worse lie anyone can ever tell you, sometimes we even tell ourselves this lie, please whenever you feel that way, get rid of the thought else you might end up worsening your current situation by incurring more debts for yourself.
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February 25, 2024, 08:18:38 AM
 #232

Many people are that irresponsible, right now we live in a culture that is always looking for a quick fix to any problem, so if a person is lacking money, instead of thinking about decreasing their current expenses or learning a new skill which could allow them to get a better job.

What they want is to solve their problems as fast as possible, and they think that gambling can be a way to do this, since gambling could allow them to get enough money for their needs with relatively low effort and do so rapidly, but this is a naive view, since it is way more likely they will lose their money and aggravate their problems instead.
No doubt for that. People will search for the fast way to have money but they are use a wrong way. If they use gambling to make money, that will not always happens because they can lose all of their money without have a chance to make money. They should considers to pawn some of their goods to gets a loan so they can have money. That will help them to have money while they don't have to lose their money in the gambling.

While they borrowing money from other people fills their needs or because of other reasons, they can search for a side job that can give them money to pay the debt. If they already have debts, they must search another job that can give them money. People must not use gambling to make money, especially to pay the debt. That will gives more problems to them.

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February 25, 2024, 08:43:40 AM
 #233

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling

This is a sad story, your friend is clearly struggling to make enough money to pay off his house and wants to borrow money. As a good friend you should have tried to help him, even if you don't give him money. Just sending him to another friend and try to get money from him is not really helpful. Of course gambling is not a method to pay off a loan. You take out a loan if you don't have money, why would you then go into gambling if you have no money in the first place? It would be much better to try and increase your income through work, because that is going to lead to a reliable source of income. When it comes to go gambling, there is nothing reliable, everything is based on chance, we can either win or lose. But our loan we will always have to pay back and this could only lead to losing our home if we can't afford the monthly installments. At least for me, I would only consider gambling if I actually have money for that. If we can't afford to lose the money that we already have, that it's better to stay away from the casino and first save money to pay off our debt.
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February 25, 2024, 09:07:59 AM
 #234

Stupidest thing that you can do honestly, what did you expect that you're like those other people that was able to gamble away all of their money and win to payback their debts? That's probably the easiest mistake that you can avoid but it's funny to me that there's still some people that are falling for this kind of trick, I guess when you're so desperate you don't think right and you're moving and deciding things too fast because you feel like it's the end of the world for you so you take the riskiest but the shortest route to getting out of debt, it's sad but you can't be too soft on people that commit these mistakes, they're probably in too deep and they know that they have to get into it.
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February 25, 2024, 09:16:56 AM
 #235

Circumstances have lead some people into gambling and it ended up favouring them, some people have faced some challenges in their life and trying their luck with gambling is the only thing they can do and it ended well, the few I knew about are people who don't want to gamble, but at that point in time they don't have any choice and it still paid them.

It's like something in gambling is spiritual, who look straight into the heart and reward those who don't want anything else from gambling but just a single way out at the very crucial time, I am not encouraging you to go gamble, you can still lose even if you are gambling because you have no other ways, all I am trying to say is that miracles do happens when you least expect them.

I would advice against paying debt with gambling, the example I dropped is about few people who aren't into debt but needed a way out, they got lucky and they never return, they understood the risk but they don't have any choice than to take it, the greedy get crushed hard as a gambler and those who took it less serious get more lucky.
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February 25, 2024, 09:18:21 AM
 #236

That's probably the worst thing that you can do, gambling so you can pay off your debts is a sure fire way to destroy your life and burden yourself with even more debt. I hope that this person didn't have that much debt though, I feel like people really need to understand that debt is a really heavy obligation and that people shouldn't just go on and ask for it or give it to someone because you're borrowing trust too if you're the borrower and the lender and it's really a hard thing to be a lender because you know that the money isn't going to go back anytime soon. Maybe we really need to teach the young people about debt because I do believe that if we instill a rule or principle early on their life, they'll be able to bring that until they're an adult, they're like a blank canvas at a really young age so it's a good idea to do so I think.
Borrowing sums of money and not paying on time as promised is disrespectful. It is a virtue to be consistent with our words and not become abusive, particularly to individuals who showed concern, for instance, the lenders.

Perhaps teaching ethics and good morals to their kids is not normal in certain families.  I also recommended that it ought to be taught by parents and early school so that kids become honorable when they grow up raising families and laying out connections with others.

Gambling is only one of the choices we have to enjoy while likewise getting the chance to bring in money. So, getting cash in wagering is by chance and not an assurance.
I think it is nothing but foolishness to expect another chance through betting. Accurately guaranteeing a win in a bet is difficult borrowing money that will be difficult to pay back on time can lead to a lack of transparency in the relationship and lead to false expectations between the two parties. Many people lend money to friends or family they agree to proceed on an honor system simply trusting that the borrower will pay them back in due course. But when they can't give back there is conflict in the relationship. Then his influence on the whole family.

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February 25, 2024, 09:25:41 AM
 #237

Stupidest thing that you can do honestly, what did you expect that you're like those other people that was able to gamble away all of their money and win to payback their debts? That's probably the easiest mistake that you can avoid but it's funny to me that there's still some people that are falling for this kind of trick, I guess when you're so desperate you don't think right and you're moving and deciding things too fast because you feel like it's the end of the world for you so you take the riskiest but the shortest route to getting out of debt, it's sad but you can't be too soft on people that commit these mistakes, they're probably in too deep and they know that they have to get into it.
I believe you are correct; people in tough times may believe they have no other options and so take risks they would not ordinarily take. They may be nervous and anxious, which prevents them from thinking clearly about the ramifications of their actions. And sometimes the temptation to recover lost funds or get out of debt can be overwhelming, clouding someone's judgment. So it's not that they're stupid; it's simply that they're in an awful situation and are looking for a way out. Most people in the same situation would consider doing the same thing.

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February 25, 2024, 09:30:24 AM
 #238

-snip-
While they borrowing money from other people fills their needs or because of other reasons, they can search for a side job that can give them money to pay the debt. If they already have debts, they must search another job that can give them money. People must not use gambling to make money, especially to pay the debt. That will gives more problems to them.
Borrowing money is never allowed to play gambling, especially if you don't have any guarantees and just gamble without having knowledge in gambling.
I don't know why people who come to gambling with borrowed money always get lost in the end, this is also due to mental problems, and they become too addicts without realizing that they are wrong.

Borrowing money from loan sharks and playing gambling and losing, it will only become a new burden and have to pay off the debt along with interest.
This will only stress them out, in fact it is not the gambling platform that is wrong and dangerous, but the mindset of the person using it.
Online gambling sites have warned and are not responsible for all kinds of losses, losses and more extreme levels, they only provide gambling games for everyone with a predetermined age limit.
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February 25, 2024, 09:41:55 AM
 #239

This is a fact that a lot of people have failed to put into consideration. If a person is struggling to pay their bills or meet their basic needs, then gambling isn't the best option for them, I know for some reason, gambling might look like the best way to multiply your money and then use it to pay off your outstanding bills. But this is the worse lie anyone can ever tell you, sometimes we even tell ourselves this lie, please whenever you feel that way, get rid of the thought else you might end up worsening your current situation by incurring more debts for yourself.
Gambling seems to give broken people a false hope which is normal in their mindset when they are not thinking straight and logically. While someone might play more and lose even more, others might be able to control their wrong mindset and actually survive out of the hellhole they are in and come out a wise man.

It all how we face the lives, bad ways of living tend to come in when times are bad and these need to tackled carefully with a strict mindset. Its tough but getting over the temptation of gambling to make money is possible.

I have seen both types of people from casino chat boxes and in real life. Good things are possible and that hope should never die that something better is waiting for us, we should be careful about the risks we take.

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February 25, 2024, 09:58:25 AM
 #240

Paying off debt or fixing financial issues with gambling - this is what I saw often when I was a kid. In 90s people were much more simpler or naive, than they are now. I have seen small local casino points open almost monthly. These places were full of people. Now I rarely see more than 10 persons in a casino where 100+ would easily fit. From that I can make a conclusion, that people either became more smart and did not use gambling to fix finance problems, or gamble online.

Imho paying debt by gambling isnt right, firstly because it supposed to be a quick solution, while quick solution often isnt the right solution. It is acceptable to pay off the debt by gambling, but if you do it on a distance of years, and you are good at self control. In other cases, it will lead to even more problems.

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February 25, 2024, 10:15:08 AM
 #241

Borrowing sums of money and not paying on time as promised is disrespectful. It is a virtue to be consistent with our words and not become abusive, particularly to individuals who showed concern, for instance, the lenders.

Perhaps teaching ethics and good morals to their kids is not normal in certain families.  I also recommended that it ought to be taught by parents and early school so that kids become honorable when they grow up raising families and laying out connections with others.

Gambling is only one of the choices we have to enjoy while likewise getting the chance to bring in money. So, getting cash in wagering is by chance and not an assurance.
I think it is nothing but foolishness to expect another chance through betting. Accurately guaranteeing a win in a bet is difficult borrowing money that will be difficult to pay back on time can lead to a lack of transparency in the relationship and lead to false expectations between the two parties. Many people lend money to friends or family they agree to proceed on an honor system simply trusting that the borrower will pay them back in due course. But when they can't give back there is conflict in the relationship. Then his influence on the whole family.
my mother once said "so that relationships with family and friends last, never give them loans", i also still have a friend who hasn't paid his debt to me until now even though the debt has been going on since 8 years ago, he always says be patient, i'll pay it later, it's only a small amount of money but until now he hasn't paid it.  gambling to pay off debts is very risky, but borrowing money to pay off debts also carries a high risk of breaking up friendships.

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February 25, 2024, 11:37:47 AM
 #242

Imho paying debt by gambling isnt right, firstly because it supposed to be a quick solution, while quick solution often isnt the right solution. It is acceptable to pay off the debt by gambling, but if you do it on a distance of years, and you are good at self control. In other cases, it will lead to even more problems.

It's bad if you don't have the skills to be profitable in gambling. Most of us probably are losing money in gambling. Therefore, as a general rule, it may be discouraged to take this high-risk venture to pay off debts, as most of the time, it will only create more problems. As gamblers, I'm sure we are well aware of our skills, unless we are being unrealistic and not admitting that we are not having a good journey. From there, we already know that this kind of method will not work for us.

The best way to make more money quickly is to venture into high-risk investments. Only if you consider gambling as an investment will you be able to make it a source of income; otherwise, it will be an expense or liability on your side.

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February 25, 2024, 02:02:25 PM
 #243

my mother once said "so that relationships with family and friends last, never give them loans", i also still have a friend who hasn't paid his debt to me until now even though the debt has been going on since 8 years ago, he always says be patient, i'll pay it later, it's only a small amount of money but until now he hasn't paid it.  gambling to pay off debts is very risky, but borrowing money to pay off debts also carries a high risk of breaking up friendships.

all humans are certainly sensitive when discussing money or discussing money, not with other people with people of the same blood, this can be a problem that can have a big impact and even destroy relationships that were previously fine. i agree with what your mother said because with this, problems often occur with each other, and when these problems occur  everything will become awkward, of course this is not what a family wants. therefore  let alone gambling for other things that involve borrowing money even in the family,  it can be a serious problem.

gambling to pay off debts in my opinion is the wrong action, gambling will not completely solve the problem,  although there is a chance to get a win it is unlikely to be obtained as expected borrowing to pay off debts is tantamount to digging holes closing holes if they really want to pay off debts they must realize that to get money and pay off their debts they must work not gamble if they take action to gamble in my opinion it is the same action as killing themselves...,

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February 25, 2024, 03:59:24 PM
 #244

Paying off debt or fixing financial issues with gambling - this is what I saw often when I was a kid. In 90s people were much more simpler or naive, than they are now. I have seen small local casino points open almost monthly. These places were full of people. Now I rarely see more than 10 persons in a casino where 100+ would easily fit. From that I can make a conclusion, that people either became more smart and did not use gambling to fix finance problems, or gamble online.

Imho paying debt by gambling isnt right, firstly because it supposed to be a quick solution, while quick solution often isnt the right solution. It is acceptable to pay off the debt by gambling, but if you do it on a distance of years, and you are good at self control. In other cases, it will lead to even more problems.
It goes beyond smart and self-controlled. Understand the system. Gambling is designed to be addicting and let you think you're in control. It's illusion

And you think it's acceptable over years? Wrong. Slow-acting toxin. It may take time, but it's destroying your finances, mental health, and relationships. Using chance to fix what needs hard work and dedication is foolish. Online or offline, the trap persists. Only actual answer? Learn, plan, and face your debts. The only gamble that is worthwhile is that

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February 25, 2024, 04:57:35 PM
Last edit: February 26, 2024, 05:59:21 AM by tusandii
 #245

gambling to pay off debts in my opinion is the wrong action, gambling will not completely solve the problem,  although there is a chance to get a win it is unlikely to be obtained as expected borrowing to pay off debts is tantamount to digging holes closing holes if they really want to pay off debts they must realize that to get money and pay off their debts they must work not gamble if they take action to gamble in my opinion it is the same action as killing themselves...,
Your explanation quite good and in simple terms it assumed that paying off debt by doubling your money in gambling is not the best way, but it a quick way to mislead yourself into misery or you could say a bad future.
Gambling always called a place to lose money and if you are lucky the money will become more but it has condition, namely use money that you can afford to lose, not money that can be used for other needs.
Another understanding that gambling is business that provided for gamblers who want to have fun and provide profits to gambling owners and the profits given to gambling owners will be used to develop their gambling again so that it becomes bigger.

From the last explanation I said, it quite clear that otherwise would be possible for us to place our hopes on gambling to get more money and be able to meet the needs we want, including paying off debts.
Anyone must always remember how gambling works so that they don't have the wrong understanding in the long run.

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February 25, 2024, 05:40:46 PM
 #246

This is a fact that a lot of people have failed to put into consideration. If a person is struggling to pay their bills or meet their basic needs, then gambling isn't the best option for them, I know for some reason, gambling might look like the best way to multiply your money and then use it to pay off your outstanding bills. But this is the worse lie anyone can ever tell you, sometimes we even tell ourselves this lie, please whenever you feel that way, get rid of the thought else you might end up worsening your current situation by incurring more debts for yourself.

In an activity that people are likely to have losses more than they have wins, it would suicidal for anyone to use gambling as a means to service or clear a debt.
Thinking rationally, it’s quite obvious that gambling is not a considerable path to follow in the pursuit of clearing a loan. But when people are in a fix and are under some pressure to repay a loan or to raise some money quickly, rational thoughts quickly fade away and they begin thinking irrationally. That is when gambling starts to look like a good avenue to make money quickly.

By the time you start thinking rationally again, you’ll be left with no more money in your pockets and likely worse off than when you stepped into the casino.
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February 26, 2024, 05:53:53 AM
 #247

Borrowing money is never allowed to play gambling, especially if you don't have any guarantees and just gamble without having knowledge in gambling.
I don't know why people who come to gambling with borrowed money always get lost in the end, this is also due to mental problems, and they become too addicts without realizing that they are wrong.

Borrowing money from loan sharks and playing gambling and losing, it will only become a new burden and have to pay off the debt along with interest.
This will only stress them out, in fact it is not the gambling platform that is wrong and dangerous, but the mindset of the person using it.
Online gambling sites have warned and are not responsible for all kinds of losses, losses and more extreme levels, they only provide gambling games for everyone with a predetermined age limit.
Even if people have collateral, they don't have to borrow money because there will be an interest that they should pay too when they want to return the loan money. People want to have money when they want to gambling so they think that borrowing money is the solution that they have. But that's not a good idea because borrowing money have its risk that they don't understand.

We never suggest to borrowing money and it's better to stay away from the loan sharks because they will used a high interest to borrower that gives problem to them. Yeah, stress will comes to the borrower because they thinks that the loan money that they must pay increased more than what they got. That's a risk for borrower so people really needs to stay away from loan shark and better to use the money they have to gambling.

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February 26, 2024, 07:20:55 AM
 #248

It's important to remember that gambling should never be seen as a way to payy off debts or make money, but rather be seen as a form o entertainment. If ever you are in the situation of struggling to pay off debts, like what OP mentioned, opt for getting loans, selling valuables, or maybe find a part time work. It may not be as quick or easy as gambling, but these options are more reliable and less risky. It's important to set limits, practice responsible gambling and seek help if needed.
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February 26, 2024, 08:21:54 AM
 #249

Paying off debt or fixing financial issues with gambling - this is what I saw often when I was a kid. In 90s people were much more simpler or naive, than they are now. I have seen small local casino points open almost monthly. These places were full of people. Now I rarely see more than 10 persons in a casino where 100+ would easily fit. From that I can make a conclusion, that people either became more smart and did not use gambling to fix finance problems, or gamble online.

Imho paying debt by gambling isnt right, firstly because it supposed to be a quick solution, while quick solution often isnt the right solution. It is acceptable to pay off the debt by gambling, but if you do it on a distance of years, and you are good at self control. In other cases, it will lead to even more problems.
It goes beyond smart and self-controlled. Understand the system. Gambling is designed to be addicting and let you think you're in control. It's illusion

And you think it's acceptable over years? Wrong. Slow-acting toxin. It may take time, but it's destroying your finances, mental health, and relationships. Using chance to fix what needs hard work and dedication is foolish. Online or offline, the trap persists. Only actual answer? Learn, plan, and face your debts. The only gamble that is worthwhile is that

So if I have a $1000 debt, and I plan to gamble once a few weeks with little bets, let say $20, and make little number of bets, for example play 5 bets with 1.10 odd, which is isnt that hard to win and it will be $10 every few weeks. And I have years to gamble like that. Of course I understand that it will never be a 100% win ration, but still with self-control I will slowly payoff my debt. But you say that isnt acceptable? While for me it looks like I can slowly repay debt with such tactics.

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February 26, 2024, 02:13:03 PM
 #250

...
It goes beyond smart and self-controlled. Understand the system. Gambling is designed to be addicting and let you think you're in control. It's illusion

And you think it's acceptable over years? Wrong. Slow-acting toxin. It may take time, but it's destroying your finances, mental health, and relationships. Using chance to fix what needs hard work and dedication is foolish. Online or offline, the trap persists. Only actual answer? Learn, plan, and face your debts. The only gamble that is worthwhile is that

So if I have a $1000 debt, and I plan to gamble once a few weeks with little bets, let say $20, and make little number of bets, for example play 5 bets with 1.10 odd, which is isnt that hard to win and it will be $10 every few weeks. And I have years to gamble like that. Of course I understand that it will never be a 100% win ration, but still with self-control I will slowly payoff my debt. But you say that isnt acceptable? While for me it looks like I can slowly repay debt with such tactics.

you are very skilled at managing your gambling, you are really able to minimize your losses when gambling, it is very rare to find gamblers who can make money consistently every week or day.
I'm one of those people who doesn't have good luck when gambling, especially when playing slots, I will lose big if I force myself or play for a long time, that's why I prefer to bet on football.
In my opinion, the percentage of people who are successful in paying off debt by doubling their money in gambling is only 10%, the rest are losers (you are in that 10%).



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February 26, 2024, 02:28:21 PM
 #251

It's important to remember that gambling should never be seen as a way to payy off debts or make money, but rather be seen as a form o entertainment. If ever you are in the situation of struggling to pay off debts, like what OP mentioned, opt for getting loans, selling valuables, or maybe find a part time work. It may not be as quick or easy as gambling, but these options are more reliable and less risky. It's important to set limits, practice responsible gambling and seek help if needed.
You are right, but the fact remains that risk takers will always take risks, this is not the very first time someone would turn to gambling as their last solution of getting money to solve a particular problem or to resolve a certain situation in their lives.
If you are very familiar with history, you should remember the story of the FedEx CEO, how the company was at the verge of declaring themselves bankrupt due to lack of funding, how the FedEx CEO; according to the story took the last $5000 the company had and traveled to Las Vegas where he used the money to play gambling, slot games I suppose, and how he luckily won a jackpot in the sum of around $25,000 or so, it was said that it was through this money, that the company came back alive, they started operation normally again and profit started coming in, and today, FedEx is known all over the world.

If the CEO had lost that $5000,  the company would have declared bankruptcy and closed down, a lot of people would have blamed the CEO for using the last $5000 belonging to the company to gamble, just like we now blame the gambler in the ops story for gambling to try to pay his dept, if he had won, I guess alot of us would have celebrated him, and called him a hero, same way the FedEx CEO was celebrated and called a hero for saving his dying company through gambling.

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February 26, 2024, 03:39:37 PM
 #252

This is a fact that a lot of people have failed to put into consideration. If a person is struggling to pay their bills or meet their basic needs, then gambling isn't the best option for them, I know for some reason, gambling might look like the best way to multiply your money and then use it to pay off your outstanding bills. But this is the worse lie anyone can ever tell you, sometimes we even tell ourselves this lie, please whenever you feel that way, get rid of the thought else you might end up worsening your current situation by incurring more debts for yourself.

In an activity that people are likely to have losses more than they have wins, it would suicidal for anyone to use gambling as a means to service or clear a debt.
Thinking rationally, it’s quite obvious that gambling is not a considerable path to follow in the pursuit of clearing a loan. But when people are in a fix and are under some pressure to repay a loan or to raise some money quickly, rational thoughts quickly fade away and they begin thinking irrationally. That is when gambling starts to look like a good avenue to make money quickly.

By the time you start thinking rationally again, you’ll be left with no more money in your pockets and likely worse off than when you stepped into the casino.

But many people like to commit suicide in such a way because their brain has been emptied by debts, exploiting this need, gambling creates all kinds of different conditions for gamblers to repay debts, suddenly, a debt that only takes a few years and a little borrowing to repay, it becomes a debt that affects future generations and even if borrowed, no one stands up to guarantee it. Gambling is a one-way street that only leads to deeper suffering, there is no philosophy of joy here

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February 27, 2024, 09:02:44 AM
 #253

...
It goes beyond smart and self-controlled. Understand the system. Gambling is designed to be addicting and let you think you're in control. It's illusion

And you think it's acceptable over years? Wrong. Slow-acting toxin. It may take time, but it's destroying your finances, mental health, and relationships. Using chance to fix what needs hard work and dedication is foolish. Online or offline, the trap persists. Only actual answer? Learn, plan, and face your debts. The only gamble that is worthwhile is that

So if I have a $1000 debt, and I plan to gamble once a few weeks with little bets, let say $20, and make little number of bets, for example play 5 bets with 1.10 odd, which is isnt that hard to win and it will be $10 every few weeks. And I have years to gamble like that. Of course I understand that it will never be a 100% win ration, but still with self-control I will slowly payoff my debt. But you say that isnt acceptable? While for me it looks like I can slowly repay debt with such tactics.

you are very skilled at managing your gambling, you are really able to minimize your losses when gambling, it is very rare to find gamblers who can make money consistently every week or day.
I'm one of those people who doesn't have good luck when gambling, especially when playing slots, I will lose big if I force myself or play for a long time, that's why I prefer to bet on football.
In my opinion, the percentage of people who are successful in paying off debt by doubling their money in gambling is only 10%, the rest are losers (you are in that 10%).

No, not skilled. With me - I simply can not allow myself to gamble with large amount and lose. I dont gamble often. I have high expenses on my family. Which makes frequent gambling or gambling as a taboo in general. I can gamble from time to time, but I dont aim much on a result. But with what I have written above, this was just an example that sometimes, in rare cases, some people might have that little chance to pay off debt by gambling. I just wanted to say that there is a little chance to do that. Not like there is 0% chance that gambler will ever pay off his debt.

R


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February 27, 2024, 02:21:58 PM
 #254

gambling to pay off debts in my opinion is the wrong action, gambling will not completely solve the problem,  although there is a chance to get a win it is unlikely to be obtained as expected borrowing to pay off debts is tantamount to digging holes closing holes if they really want to pay off debts they must realize that to get money and pay off their debts they must work not gamble if they take action to gamble in my opinion it is the same action as killing themselves...,
Your explanation quite good and in simple terms it assumed that paying off debt by doubling your money in gambling is not the best way, but it a quick way to mislead yourself into misery or you could say a bad future.
Gambling always called a place to lose money and if you are lucky the money will become more but it has condition, namely use money that you can afford to lose, not money that can be used for other needs.
Another understanding that gambling is business that provided for gamblers who want to have fun and provide profits to gambling owners and the profits given to gambling owners will be used to develop their gambling again so that it becomes bigger.

From the last explanation I said, it quite clear that otherwise would be possible for us to place our hopes on gambling to get more money and be able to meet the needs we want, including paying off debts.
Anyone must always remember how gambling works so that they don't have the wrong understanding in the long run.

This kind of thinking or action is not the best thing, because it cannot be sure that you will get a lot of money, so it is a wrong step if you gamble on the grounds that you want to pay off your debts. But clearly the big possibility is that it will only complicate our situation more. It's true what you said, if it's lucky that even "if" then we can get a lot of money, also to get a lot of money or victory in gambling is based on luck, because in my opinion luck has a big role in gambling. Also luck cannot be forced to be able to come to us according to our own wishes it is very impossible, luck only comes once in a while and it also depends on ourselves whether we can make good use of that luck or even waste it. I agree with you that we should gamble with money that we are willing to lose and not use money that is intended for other needs. That's not the right thing to do.

Yes that's right, it must be emphasized that gambling is a means of paid entertainment and it is profitable for the company not profitable for the gambler Maybe a lot of people are losing money because they don't look at this side, where they only think gambling can make them rich in a short period of time In the event that you're looking for the most effective online casino you'll be able to find a number of the best online casinos in the marketplace and you'll be able to find a number of the best online casinos in the world.

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February 27, 2024, 02:54:03 PM
 #255


you are very skilled at managing your gambling, you are really able to minimize your losses when gambling, it is very rare to find gamblers who can make money consistently every week or day.
I'm one of those people who doesn't have good luck when gambling, especially when playing slots, I will lose big if I force myself or play for a long time, that's why I prefer to bet on football.
In my opinion, the percentage of people who are successful in paying off debt by doubling their money in gambling is only 10%, the rest are losers (you are in that 10%).

No, not skilled. With me - I simply can not allow myself to gamble with large amount and lose. I dont gamble often. I have high expenses on my family. Which makes frequent gambling or gambling as a taboo in general. I can gamble from time to time, but I dont aim much on a result. But with what I have written above, this was just an example that sometimes, in rare cases, some people might have that little chance to pay off debt by gambling. I just wanted to say that there is a little chance to do that. Not like there is 0% chance that gambler will ever pay off his debt.

In the event that you've got a lot of time on your hands, you're going to want to make sure that you've got a good understanding of what you're doing and what you're doing.

On the other hand, you seem to have quite a big responsibility in the family so you can't focus on other things like gambling besides taking care of all the needs in your family, and that means you are one of the people who understand the circumstances and situations where if you gamble especially with too large amounts then you will not be able or have problems in terms of meeting the needs of your family's life, and I say that you have a pretty good self-awareness friend so that gambling really doesn't bother you especially in terms of financial balance.

Gambling in moderation is an approach that is always recommended as well as without putting any hopes or expectations on the final result, and of course it is very unlikely for someone who wants to pay off debt by gambling, I will also not say that there will not be anyone who succeeds, but what is certain is that it is very difficult and there may only be 5 people who succeed out of 100 people trying it.

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February 28, 2024, 04:24:19 AM
 #256

This is a fact that a lot of people have failed to put into consideration. If a person is struggling to pay their bills or meet their basic needs, then gambling isn't the best option for them, I know for some reason, gambling might look like the best way to multiply your money and then use it to pay off your outstanding bills. But this is the worse lie anyone can ever tell you, sometimes we even tell ourselves this lie, please whenever you feel that way, get rid of the thought else you might end up worsening your current situation by incurring more debts for yourself.

In an activity that people are likely to have losses more than they have wins, it would suicidal for anyone to use gambling as a means to service or clear a debt.
Thinking rationally, it’s quite obvious that gambling is not a considerable path to follow in the pursuit of clearing a loan. But when people are in a fix and are under some pressure to repay a loan or to raise some money quickly, rational thoughts quickly fade away and they begin thinking irrationally. That is when gambling starts to look like a good avenue to make money quickly.

By the time you start thinking rationally again, you’ll be left with no more money in your pockets and likely worse off than when you stepped into the casino.

The irrationality that comes with financial pressure can be a very dangerous thing, especially when you're completely out of options, it is very easy for anyone in that state to start making wrong decisions, especially when desperation sets in.
When a gambler gets to this point, gambling becomes a very big problem. Due to the financial pressure especially from debt, they start seeing gambling as a one way ticket make extra money to repay the debt but in reality it's more of a wolf in sheep clothing, it may seem like a solution but in reality only there to create even more problems for you and put you in a lot more mess than you already are, at that point, you view gambling as your savior when it's likely to make their financial situation even worse than it already is.
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February 28, 2024, 10:39:23 AM
 #257

I simply can not allow myself to gamble with large amount and lose. I dont gamble often. I have high expenses on my family. Which makes frequent gambling or gambling as a taboo in general. I can gamble from time to time, but I dont aim much on a result. But with what I have written above, this was just an example that sometimes, in rare cases, some people might have that little chance to pay off debt by gambling. I just wanted to say that there is a little chance to do that. Not like there is 0% chance that gambler will ever pay off his debt.
This is the way you should be doing it anyway. When you want to have some fun, you gamble for fun and that's like some hobby, like you spend money on hobbies. Most people watch netfix, disney plus, hbo max, go to cinema, and some just gamble. This should be your expense, but nothing more. If you end up doing it like an addiction and for a long time then it would definitely be something different.

This is why we should try to avoid it as much as we possibly can, it would make a lot more sense that way. I believe that the best thing to do in this case would be just avoiding all of this and we could definitely end up with a lot better result eventually. This should be the thing that gets you the best out of gambling.

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February 28, 2024, 10:32:28 PM
 #258

I simply can not allow myself to gamble with large amount and lose. I dont gamble often. I have high expenses on my family. Which makes frequent gambling or gambling as a taboo in general. I can gamble from time to time, but I dont aim much on a result. But with what I have written above, this was just an example that sometimes, in rare cases, some people might have that little chance to pay off debt by gambling. I just wanted to say that there is a little chance to do that. Not like there is 0% chance that gambler will ever pay off his debt.
This is the way you should be doing it anyway. When you want to have some fun, you gamble for fun and that's like some hobby, like you spend money on hobbies. Most people watch netfix, disney plus, hbo max, go to cinema, and some just gamble. This should be your expense, but nothing more. If you end up doing it like an addiction and for a long time then it would definitely be something different.

This is why we should try to avoid it as much as we possibly can, it would make a lot more sense that way. I believe that the best thing to do in this case would be just avoiding all of this and we could definitely end up with a lot better result eventually. This should be the thing that gets you the best out of gambling.
Gambling should really be just that for fun and not something could be used to make it as a source of income or the thing that could solve out your debt problems because its never meant to be on that way on which it is really that very wrong on having that kind of treatment towards gambling. Its really just that created for some leisure or past time and not really that having those debt issues or problems. On the time that you would really be doing such stuff, instead on resolving out such debt problems you would really be able to make it worst. We do know that odds and chances on winning up yourself with gambling is something that you could really be able to assure with. This is why it would really be always that ideal or wise that you should be having those realistic approach rather than on making yourself that something delusional.

Its a must thing to consider but we've seen surprisingly into those people who had been that making such stuff or decision towards gambling is really that taking up such further step which it isnt really
something that should be done in the first place. People would really be only making out those realizations on the time that they would really be experiencing issues on the time that they
do able to face up the reality.

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March 02, 2024, 01:07:32 AM
 #259

I simply can not allow myself to gamble with large amount and lose. I dont gamble often. I have high expenses on my family. Which makes frequent gambling or gambling as a taboo in general. I can gamble from time to time, but I dont aim much on a result. But with what I have written above, this was just an example that sometimes, in rare cases, some people might have that little chance to pay off debt by gambling. I just wanted to say that there is a little chance to do that. Not like there is 0% chance that gambler will ever pay off his debt.
This is the way you should be doing it anyway. When you want to have some fun, you gamble for fun and that's like some hobby, like you spend money on hobbies. Most people watch netfix, disney plus, hbo max, go to cinema, and some just gamble. This should be your expense, but nothing more. If you end up doing it like an addiction and for a long time then it would definitely be something different.

This is why we should try to avoid it as much as we possibly can, it would make a lot more sense that way. I believe that the best thing to do in this case would be just avoiding all of this and we could definitely end up with a lot better result eventually. This should be the thing that gets you the best out of gambling.
I really think that because when you gamble you have a chance to get your money back, this makes many people to see gambling in a different light and they believe they can make money with it, but when they think about any other hobby, the thought of trying to obtain profits with it never crosses their minds.

But this tendency can be very dangerous, because even if it is possible to make some money occasionally, we know the majority of the gamblers out there cannot get those results in a consistent way.

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March 11, 2024, 11:29:50 AM
 #260

I really think that because when you gamble you have a chance to get your money back, this makes many people to see gambling in a different light and they believe they can make money with it, but when they think about any other hobby, the thought of trying to obtain profits with it never crosses their minds.
Indeed the mindset of being able to make money from playing your luck is a potent impulse that drives a person to gamble. With pushing from the promotions like free spins, cashbacks and VIP treatment the gamblers feel more and more at home and get hooked to a casino.

This is how to current online gambling industry works.

Of course hobbies are never meant to be paying you. Some might but they are not persured for that purpose.

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March 11, 2024, 11:51:15 AM
 #261

I really think that because when you gamble you have a chance to get your money back, this makes many people to see gambling in a different light and they believe they can make money with it, but when they think about any other hobby, the thought of trying to obtain profits with it never crosses their minds.
Indeed the mindset of being able to make money from playing your luck is a potent impulse that drives a person to gamble. With pushing from the promotions like free spins, cashbacks and VIP treatment the gamblers feel more and more at home and get hooked to a casino.

This is how to current online gambling industry works.

Of course hobbies are never meant to be paying you. Some might but they are not persured for that purpose.
People who do really love on sticking with easy methods and ways are totally lazy. Despite of knowing about the risks involved they would really be rather that pursuing into these things because
they do believe and having that kind of mindset that it is really just that possible that they could be able to win up gambling without any issues or at ease. This is why it would really be best that you
should really be that sensible on the decisions that you are making and not really rushing up yourself on making solutions on which it is really just that actually suicide.

They would really be only realizing on the time that they will really be having that kind of huge problem towards their finances.They wont really be thinking up well while they are still midway.
They would really be that too confident that they could really be able to make it out without any issues but when the  time comes that shit happens then this is where
regret would really be kicking in.

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March 11, 2024, 11:52:47 AM
 #262

It's important to remember that gambling should never be seen as a way to payy off debts or make money, but rather be seen as a form o entertainment. If ever you are in the situation of struggling to pay off debts, like what OP mentioned, opt for getting loans, selling valuables, or maybe find a part time work. It may not be as quick or easy as gambling, but these options are more reliable and less risky. It's important to set limits, practice responsible gambling and seek help if needed.
It was never meant for that. Although there are testimonies where they saved their business thanks to gambling (the FedEx guy), that is a very rare thing to happen. I mean, how many testimonies are out there that say they were saved by gambling? I bet it can be easily counted.
The number of losers is way too many than those who win a game in gambling. It's simply because it was not meant to help us out, it was meant to take out money while we were enjoying the thrill of risking it.

I agree. Just look for another way. The chances of doubling the money that we already have is low while it's better if we just use that money to look for a job. It's not like the debt can kill us, those who we owe will try to keep us alive so that we can pay them off. Killing the borrower would just be a bad business for them. Grin
They will have to wait because there's no choice.

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March 11, 2024, 12:11:47 PM
 #263

It's important to remember that gambling should never be seen as a way to payy off debts or make money, but rather be seen as a form o entertainment. If ever you are in the situation of struggling to pay off debts, like what OP mentioned, opt for getting loans, selling valuables, or maybe find a part time work. It may not be as quick or easy as gambling, but these options are more reliable and less risky. It's important to set limits, practice responsible gambling and seek help if needed.
It was never meant for that. Although there are testimonies where they saved their business thanks to gambling (the FedEx guy), that is a very rare thing to happen. I mean, how many testimonies are out there that say they were saved by gambling? I bet it can be easily counted.
The number of losers is way too many than those who win a game in gambling. It's simply because it was not meant to help us out, it was meant to take out money while we were enjoying the thrill of risking it.

I agree. Just look for another way. The chances of doubling the money that we already have is low while it's better if we just use that money to look for a job. It's not like the debt can kill us, those who we owe will try to keep us alive so that we can pay them off. Killing the borrower would just be a bad business for them. Grin
They will have to wait because there's no choice.
That kind of statement where they changed or saved their life financially because of gambling is like a once-in-a-thousand or even million chance. Only a few people who are lucky enough can win, but most of them end up losing money instead of winning.

That's true, doing the regular process which is having a job will be better for making money. Risking money through gambling is not wise as it is about risking one's money.


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March 11, 2024, 12:15:09 PM
 #264

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application

The valuable message that can be taken from my friend above is never take risks to gamble to pay off your debts, the pressure is very big, the chance is very small that you can pay off your debts, often you end up losing even more and losing your money. look for loans, sell your valuables or look for part-time work to pay off your debts, is a good way rather than playing the small money you have in gambling
OP, if you have wanted to borrow him the money, you would had given him the little you have with you while he takes the little from those others who does not have sufficient as he may be demanding and then he could add up to that little he has which he loosed on the slot while chasing to double his stake to pay for this rent bill.

I have just come to analysis this fact according to your explanation.
He was frustrated and stranded which got him took the wrong step but on a full ground, that your friend must be a full to had been in critical need of money and yet he had the little with him for gambling.
He never thought about why he have not win all those while while he spends more time while gambling and what made him think he was going to win with his last fund?
Does he think the gambling sites offers sympathy winning? Of course not . He probably got what he deserved in a well served. Next time he would learn to take control of his gambling emotions.

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March 11, 2024, 12:29:44 PM
 #265

That kind of statement where they changed or saved their life financially because of gambling is like a once-in-a-thousand or even million chance. Only a few people who are lucky enough can win, but most of them end up losing money instead of winning.
I agree that only few changes their lives through gambling. But if that really changes their lives, it's once in a lifetime opportunity. Many of them ends up badly when they're able to win some already but it's all about how they manage those winnings and if they're too emotional, that doesn't make sense to them anymore when they've won because eventually, they'll just let it lose.

That's true, doing the regular process which is having a job will be better for making money. Risking money through gambling is not wise as it is about risking one's money.
Well, we're all gamblers and we tend to risk our money and that's the essence of gambling. We risk money and we have that chance to have some wins or either double or multiply our money. It's not guaranteed and that's why it's not the way of how you make money as been always said. You can make money for some reasons but it's not always payday in gambling. You win few times and then you're going to lose more times than you are ever imagining. When you're in debt and you think that gambling is the way to pay it off, that's not the best idea that you can resolve that problem. As you've said about having a job, take a portion of your salary and use that for paying your debt and make a contract for yourself that you'd only gamble once you're able to pay in full all of your debt.

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March 11, 2024, 09:21:03 PM
 #266

This is a fact that a lot of people have failed to put into consideration. If a person is struggling to pay their bills or meet their basic needs, then gambling isn't the best option for them, I know for some reason, gambling might look like the best way to multiply your money and then use it to pay off your outstanding bills. But this is the worse lie anyone can ever tell you, sometimes we even tell ourselves this lie, please whenever you feel that way, get rid of the thought else you might end up worsening your current situation by incurring more debts for yourself.

In an activity that people are likely to have losses more than they have wins, it would suicidal for anyone to use gambling as a means to service or clear a debt.
Thinking rationally, it’s quite obvious that gambling is not a considerable path to follow in the pursuit of clearing a loan. But when people are in a fix and are under some pressure to repay a loan or to raise some money quickly, rational thoughts quickly fade away and they begin thinking irrationally. That is when gambling starts to look like a good avenue to make money quickly.

By the time you start thinking rationally again, you’ll be left with no more money in your pockets and likely worse off than when you stepped into the casino.

The irrationality that comes with financial pressure can be a very dangerous thing, especially when you're completely out of options, it is very easy for anyone in that state to start making wrong decisions, especially when desperation sets in.
When a gambler gets to this point, gambling becomes a very big problem. Due to the financial pressure especially from debt, they start seeing gambling as a one way ticket make extra money to repay the debt but in reality it's more of a wolf in sheep clothing, it may seem like a solution but in reality only there to create even more problems for you and put you in a lot more mess than you already are, at that point, you view gambling as your savior when it's likely to make their financial situation even worse than it already is.

Absolutely, financial pressure can make a gambler make irrational decisions, especially when the gambler feels that he has no other option. This pressure is dangerous and most of the time the pressure is also caused by gambling. When you gamble with funds meant for a bill you can easily run into problems and then hoping for gambling to solve it can make the situation even worse.

Most gamblers understand that gambling is uncertain yet the allure of potentially winning big and quickly resolving their financial challenge makes them still give gambling a try but in my opinion, this is not a rational decision. The reason is simple. Gambling is not a reliable or sustainable solution to financial problems. Gambling will compound the problem instead of solving it. When individuals gamble under the weight of financial pressure, they are more likely to make impulsive and risky decisions. This can result in significant financial losses, further exacerbating their already precarious situation.

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March 11, 2024, 09:34:52 PM
 #267

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application
It was there bad luck. This is why you don't have to take a risk like gambling by taking a loan.  Gambling is very risky and no one can make an accurate prediction here.  No one has this power. Gambling must be kept at a level that the gambler can tolerate. A person takes the decision to take a loan only when he is addicted to gambling and always feels gambling. And if you don't gamble, it will make him feel empty.  Then a gambler starts making decisions like taking a loan and gambling even if he has no money in his pocket



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April 14, 2024, 12:58:39 PM
 #268

~
It was there bad luck. This is why you don't have to take a risk like gambling by taking a loan.  Gambling is very risky and no one can make an accurate prediction here.  No one has this power.
People who make loans to gamble really don't have long-term thinking, they don't seem to be able to see beyond whether it's a good decision or not because I see quite a lot of people who are depressed about paying off their debts

Gambling must be kept at a level that the gambler can tolerate. A person takes the decision to take a loan only when he is addicted to gambling and always feels gambling. And if you don't gamble, it will make him feel empty. Then a gambler starts making decisions like taking a loan and gambling even if he has no money in his pocket
addiction, well, this is the characteristic that makes a gambler have the heart to borrow money to gamble, besides that their minds are very confused, all they want is to return the capital they lost at the beginning

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April 15, 2024, 02:59:27 PM
 #269

I have a hanging out friend who is having trouble paying his house installments, he wanted to borrow money from me but I didn't give it to him because I didn't have the amount he was borrowing at that time, I advised him to borrow from another friend but their answer was still the same, finally, he was a little desperate and with the little money he had he put the money into the online slot application, unfortunately, instead of succeeding in doubling his money, he lost all his money because he lost in the online slot application
It was there bad luck. This is why you don't have to take a risk like gambling by taking a loan.  Gambling is very risky and no one can make an accurate prediction here.  No one has this power. Gambling must be kept at a level that the gambler can tolerate. A person takes the decision to take a loan only when he is addicted to gambling and always feels gambling. And if you don't gamble, it will make him feel empty.  Then a gambler starts making decisions like taking a loan and gambling even if he has no money in his pocket

Taking up some loan for doing gambling? This is something the most dangerous situation or decision that you would really be making because you would really be risking on something which is really that could potentially  destroy your life because of paying up your debt by doing gambling. Then you would really be making use of loan amounts to pay up your previous debt? What if that current loan of yours ended up
on still a lose? You would really be keeping on piling it up until you would be getting prisoned because of too much loan and cant pay it up.

On the time that you would really be losing up more, then what you would gonna do? Selling out your property? Selling your possessions or whatever you do have?
You would really be ended up something like this if you wont really be taking up responsible decisions with your life.

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