Never borrow money to be able to gamble

[maydna]

Stupidity is when someone borrows money only to gamble it back to double it and think that they can get rich from it. Because gambling carries the risk that at any time the gambler's money can be lost if they experience bad luck or the wrong strategy in their gambling - and what's more, there is a house edge which makes the casino more profitable. When gamblers lose and lose the money they borrowed, they not only lose the gambling, but they also need to pay the debt, which they lose twice. That's why borrowing money to gamble is stupid and it is not recommended for those who don't want to deal with debt collectors.

That can gives him a trouble that he never realize. Playing gambling with borrowing money can helps him to wins the gambling games but can gives him a big risk if he lose that money. When someone use his own money, he will not have a big chance to win, especially if he borrow money from others. Losing money in gambling is certain but wins is uncertain so someone must not thinks that he can win easily. When they lose the money they borrowed, their problem becomes bigger which they must repay the money and if he doesn't have money, that problem will be bigger than he thought. If we don't wants to get a problem, we don't have to borrow money just to playing gambling.

[Distinctin]

Any gambler who thinks there is possiblity to make or get some quick returns from funds he borrowed then he alone can know how tell how hard or easy it is because some gamblers I know of actually claim they do get profits whenever they are desperately in need by using some persons funds to gamble, I could say it's just like trading with big company funds.

So because a few gamblers that you know have confirmed to get lucky after playing with loaned money, that is why you are suggesting that it may be cool to actually take a loan and gamble? Well, in my opinion, there is nothing so interesting about taking a loan to gamble; the same luck you get when you stake with your money is also the luck you will be entitled to if you perhaps used the loan money to gamble. Taking a loan to gamble is totally wrong; that's not a good way of being in debt. At least if someone is getting credit, it should be used for other important stuff that is more assured. 

It's risky, but it's not entirely wrong. For the majority, it might be, but we have different opinions on this matter as we handle risk differently. Some, like me, might be high-risk takers, so I'm fine with borrowing money to gamble. I respect your opinion, though. You're just trying to prevent bad things from happening, as there are gamblers who, when they lose control, want to recover their losses by borrowing money. There's a high chance they'll lose again, creating another problem.

Let's just say, borrow at your own risk.

[yudi09]

(1) DON'T FORGET IF YOU PLAY YOU CAN ALSO LOSE

Only two gambling, loses or win. Recognizing this means we are a healthy gambler.

(3) DON'T SPEND MORE MONEY THAN YOU CAN AFFORD

Determination of the limits of money in gambling carried out is an action that is necessary for every gambler. Always remember that every victory there will be a defeat that makes money disappear.

(4) DO NOT GAMBLE TO WIN BACK MONEY THAT YOU HAVE ALREADY LOST BY GAMBLING.

When it is in the winning situation, remember in front there will be a defeat that is ready to take back the victory that has been obtained. Likewise, when in a losing situation, remember that if it is continued to expect the money that is lost then it will not happen because your luck is not in favor of you.

(5) DON'T LET GAMBLING INTERFERE WITH YOUR WORK OR WITH YOUR DAILY RESPONSIBILITIES.

That's it. Complete work first and the remaining time to gamble so that it does not interfere with work.

(6) REMEMBER THAT GAMBLING IS NOT THE IMPORTANT THING IN YOUR LIFE. DON'T LET GAMBLING AFFECT YOUR FAMILY LIFE OR YOUR RESPONSIBILITY.

Repetition from point 5. Gambling is only to test luck and for pleasure.

[Dr.Bitcoin_Strange]

It's risky, but it's not entirely wrong. For the majority, it might be, but we have different opinions on this matter as we handle risk differently. Some, like me, might be high-risk takers, so I'm fine with borrowing money to gamble. I respect your opinion, though. You're just trying to prevent bad things from happening, as there are gamblers who, when they lose control, want to recover their losses by borrowing money. There's a high chance they'll lose again, creating another problem.

Let's just say, borrow at your own risk.

Yes, everyone has a different opinion on this matter. Some people can take a big risk, but they will not put any money they loan into an investment that is not very assuring to them. Some people are better off taking a loan and using it for a big project that they have been assured will make a profit or not. I see that as a better risk than using the loan money to gamble. We all have our individual differences, and there's no way our opinions can be the same. Like you said, a gambler should take the loan at their own risk. I also advise that a gambler should only take the loan if they have a plan B from which they can repay their loan. If a gambler loses loan money through gambling and they don't have any means to repay, desperation and depression come in. If the person is not careful, they can end up with more debt. 

[zuzie]

In my opinion, borrowing money to gamble is a mistake because we already know that gambling has high risks, especially since it has something to do with borrowing money to gamble, this will really add new problems to our lives. It's better to think carefully about it if you've never done it before, but for gamblers who are too late to do something like that, perhaps they have completely lost control and a clear mind because of the urge of greed and addiction that is inherent in them. Indeed, if a gambler is trapped in these two bad behaviors then all his actions will be unnatural and the results will actually be different from what he wants in gambling.
Therefore, as gamblers we must always be alert and wise in every decision we make with the aim of not making things worse in our own lives.

[livingfree]

In my opinion, borrowing money to gamble is a mistake because we already know that gambling has high risks, especially since it has something to do with borrowing money to gamble, this will really add new problems to our lives.

Not just a mistake but a wrongdoing. Someone who is in the right mind as a gambler won't have to do this but there are gamblers who are desperate that want to do something for themselves and yet, they still do it.

It's better to think carefully about it if you've never done it before, but for gamblers who are too late to do something like that, perhaps they have completely lost control and a clear mind because of the urge of greed and addiction that is inherent in them. Indeed, if a gambler is trapped in these two bad behaviors then all his actions will be unnatural and the results will actually be different from what he wants in gambling.
Therefore, as gamblers we must always be alert and wise in every decision we make with the aim of not making things worse in our own lives.

It all comes with a frustration and desperation. Hard to accept that they've made certain loss that they can't recover with their current state but because they want to do it asap, borrowing money is their choice.

From there, it's not a good response and action if you have to deal with failures and frustrations. As a gambler, we're very emotional and since it's attached with money, you'll be dealt into incurring more losses and financial loss upon losing control emotionally.

[TopT3ns]

It all comes with a frustration and desperation. Hard to accept that they've made certain loss that they can't recover with their current state but because they want to do it asap, borrowing money is their choice.

From there, it's not a good response and action if you have to deal with failures and frustrations. As a gambler, we're very emotional and since it's attached with money, you'll be dealt into incurring more losses and financial loss upon losing control emotionally.

The frustration that ultimately makes you decide to borrow money is that no one forbids it, but if the money obtained from the loan is used for gambling, I don't think that's appropriate. After all, gambling places do not provide a guarantee of always making a profit. It is better to use the capital obtained from the loan to work on opening a small business that might provide a profit and help the economy improve.

That is the importance of controlling your emotions well and never taking rash actions. Remain calm and carefully consider the risks that will come in the future.

[hyudien]

It all comes with a frustration and desperation. Hard to accept that they've made certain loss that they can't recover with their current state but because they want to do it asap, borrowing money is their choice.

From there, it's not a good response and action if you have to deal with failures and frustrations. As a gambler, we're very emotional and since it's attached with money, you'll be dealt into incurring more losses and financial loss upon losing control emotionally.

Indeed, with those gamblers who feel frustrated, of course they will take big risky actions, such as continuing to gamble or even risking the last money they have, hoping that a miracle can happen with the gambling they do so that they can get a big win that can cover all the losses that have occurred, but unfortunately it's not as easy as you think. Even though they gamble with the aim of recovering losses, of course this does not guarantee that they will win, and another risky action is borrowing money to gamble, but such an action is certainly not right, because it will only make things more difficult.
Of course, everyone is not happy about losing money, but we have to be able to see what causes our money to be lost, with gambling it is something that can definitely make us lose money, so it is not strange to lose or lose money by gambling. Moreover, if you gamble with an uncontrolled emotional state, then big losses or losing more money is something that is certain to happen.

[zuzie]

From there, it's not a good response and action if you have to deal with failures and frustrations. As a gambler, we're very emotional and since it's attached with money, you'll be dealt into incurring more losses and financial loss upon losing control emotionally.

This could be the case, if a gambler has experienced severe depression as a result of frequently losing bets so that the money he has has run out and there is nothing left, then the gambler will think and immediately take action, it is better to borrow money from other people so that he can carry out his gambling activities and he didn't think with common sense first that the step he took was a big mistake for his future life.
Instead of feeling happy, he will soon experience regret, sadness and adversity.

Yes, this is based on losing control of their emotional feelings as you said above and in my opinion, this kind of experience will be experienced by gamblers who are seriously addicted, because this type of gambler is not able to control themselves well, which includes their mindset. They only think about how they can continue gambling.

[Pi-network314159]

With you knowing this elements, you won't bother to go to the extreme of borrowing money to gamble. So have you borrowed money to gamble? If you do please take notes of this and stop it.

All the 7 rules you have listed above s Is actually true and nothing but the truth,  but we all have to face the reality that despite all the rules people must fall victim of it. I have seen several people who have tried there best to make sure they stop this habit but all to no avail. In the case of borrowing money for gambling, I haven't don such before and will never borrow money for gambling. That is a short cuts leading to loan addiction for gambling.there is no point taken loan for gambling because if eventually any body follow the part it will definitely Leed to owing of dept everywhere and also getting addicted.

[AliMan]

That's a good piece of advice for all of us, but I don't think it would be applicable to a person with gambling problems particular to addiction. My friend literally borrow money taking loans of different loan sharks, eventually he got so stressed of work just earning money for his debts.
Now, how this works for him and as a friend who gave him good advice doesn't take effect as many times I've been reprimanding him to control his gambling habits. There's no improvement that I see, it kepts recurring nothing happens and his debts is increasing so bad because of gambling.

[Natsuu]

That's a good piece of advice for all of us, but I don't think it would be applicable to a person with gambling problems particular to addiction.

There's no improvement that I see, it kepts recurring nothing happens and his debts is increasing so bad because of gambling.

Yes OP's post advice is practical however easier said than done. it's very easy to know what you should be doing before your session, but once your emotion arises, you forget all about those things about your rules. That's why it will always take you to much about your overall discipline following it. Otherwise, you will go in circles and getting back to your bad habits and addiction. You need to consciously end the cycle of you being a loser of the game and the only way to do that is to just do and follow your rules consistently. Discipline is not a magic handed to you. You must hone and develop it.

[junder]

The frustration that ultimately makes you decide to borrow money is that no one forbids it, but if the money obtained from the loan is used for gambling, I don't think that's appropriate. After all, gambling places do not provide a guarantee of always making a profit. It is better to use the capital obtained from the loan to work on opening a small business that might provide a profit and help the economy improve.

That is the importance of controlling your emotions well and never taking rash actions. Remain calm and carefully consider the risks that will come in the future.

It's no longer inappropriate, because in my opinion borrowing money and using it for gambling is a very wrong and bad action. It's true that with those who are at the point of frustration, of course they might do this. The feeling of wanting to win continues to encourage them to gamble even though they no longer have money to bet, but the feeling of wanting to win encourages them to do various things in order to make money and return to gambling and of course those who take out loans to gamble are people who are in point of frustration. Maybe they think they can't turn back because they have gone too far so they just want to keep betting and hope that luck will happen that will give them a big win.

It's true, if we take out a loan, it's best to use it for something more useful, such as starting a small business or something else, because if it's used for gambling, it's very likely that it will only end in defeat, which will result in them losing their money, and there won't be any. guarantee to be able to make a profit even using borrowed money or with a high betting amount. We should also be able to control our emotions by not taking actions that pose big risks or being reckless in our actions. Of course, with our emotional state, we can be careless in deciding what action to take.

[Mahanton]

The frustration that ultimately makes you decide to borrow money is that no one forbids it, but if the money obtained from the loan is used for gambling, I don't think that's appropriate. After all, gambling places do not provide a guarantee of always making a profit. It is better to use the capital obtained from the loan to work on opening a small business that might provide a profit and help the economy improve.

That is the importance of controlling your emotions well and never taking rash actions. Remain calm and carefully consider the risks that will come in the future.

It's no longer inappropriate, because in my opinion borrowing money and using it for gambling is a very wrong and bad action. It's true that with those who are at the point of frustration, of course they might do this. The feeling of wanting to win continues to encourage them to gamble even though they no longer have money to bet, but the feeling of wanting to win encourages them to do various things in order to make money and return to gambling and of course those who take out loans to gamble are people who are in point of frustration. Maybe they think they can't turn back because they have gone too far so they just want to keep betting and hope that luck will happen that will give them a big win.

It's true, if we take out a loan, it's best to use it for something more useful, such as starting a small business or something else, because if it's used for gambling, it's very likely that it will only end in defeat, which will result in them losing their money, and there won't be any. guarantee to be able to make a profit even using borrowed money or with a high betting amount. We should also be able to control our emotions by not taking actions that pose big risks or being reckless in our actions. Of course, with our emotional state, we can be careless in deciding what action to take.

Something which is very very wrong on where you would really be needing up to reconsider on making your actions because we do know that when we do gamble then its something that will be spending money on which means that spending up something which is really that out of your budget will definitely mess up your life if you do continue on what you are doing. Borrowing money just for you to gamble is really just that suicide.
You might not be able to feel it right away but on the moment that you would be noticing it then that would be also the time that you are already that on a tough financial bad condition and this is something that we dont really like to happen into our lives. Gamblers do usually mess up their lives on the moment that they would be spending on the amount on which they cant really be able afford to lose.

It would be normal for a human being to have that kind adjustment on the moment that they would be noticing that they are struggling when it comes to money on which this should really have done earlier because
only a few would really be able to make themselves having that recovery and most of them do really end up on messing up their lives on which it comes into a point that they arent that able to provide themselves even on
just simply surviving on eating 3x a day or even does have a shelter. Your life would really be that devastated on the moment that you do put your focus on spending up money in gambling. On the moment or time that you
are compromising your life savings or already that selling out your posession or things because of gambling then this is a solid sign that you should quit before its too late or everything becomes messy.

[_act_]

I would add to the OP's post: don't lose your mind when playing; otherwise, the game will shake you out of everything you have, and you can become addicted, which will also be very expensive to recover from.

It is not even that it can be expensive to recover losses, most gamblers will lose and never recover the money lost to gambling back. Few may be able to recover the money but they will start losing again. The more someone is frequent in gambling the more the person is likely to lose. Anyone that is addicted will lose often and be using almost all or all the money he has in bank or wallet to gamble. What I have noticed more about gambling is that the gambling platforms set the risks and the odds in a way only them would be favored. You can see the casinos and other gambling platforms that are increasing in traffic on their website getting richer day by day because gamblers are losing.

[Barikui1]

The frustration that ultimately makes you decide to borrow money is that no one forbids it, but if the money obtained from the loan is used for gambling, I don't think that's appropriate. After all, gambling places do not provide a guarantee of always making a profit. It is better to use the capital obtained from the loan to work on opening a small business that might provide a profit and help the economy improve.

That is the importance of controlling your emotions well and never taking rash actions. Remain calm and carefully consider the risks that will come in the future.

It's no longer inappropriate, because in my opinion borrowing money and using it for gambling is a very wrong and bad action. It's true that with those who are at the point of frustration, of course they might do this. The feeling of wanting to win continues to encourage them to gamble even though they no longer have money to bet, but the feeling of wanting to win encourages them to do various things in order to make money and return to gambling and of course those who take out loans to gamble are people who are in point of frustration. Maybe they think they can't turn back because they have gone too far so they just want to keep betting and hope that luck will happen that will give them a big win.

It's true, if we take out a loan, it's best to use it for something more useful, such as starting a small business or something else, because if it's used for gambling, it's very likely that it will only end in defeat, which will result in them losing their money, and there won't be any. guarantee to be able to make a profit even using borrowed money or with a high betting amount. We should also be able to control our emotions by not taking actions that pose big risks or being reckless in our actions. Of course, with our emotional state, we can be careless in deciding what action to take.

You have actually said a lot, and I commend you for hitting the nail on the head, but their is a few things I just want to add to it, first of all, one of the major reason most people engage in such activities, such as borrowing money just to gamble is that, they gambles with and amount they can't afford to lose and by doing so, they got into a very difficult situation whereby they just can't let go, they feels the needs that they must win back their losses, and due to their lack of funds, they went and borrowed money to gamble, not knowing that it will definitely ends in failure, because in gambling, once you are desperate, you will start making wrong decisions that is definitely going to cost you more, so it's very wrong to even think of borrowing money, just to gamble.

Lastly, it's very much unlikely that someone will borrow money to gamble, if he is actually gambling for fun, it's only those that sees gambling as a means of making money that can do such, and I suggest that it's a move that should be greatly discouraged, because it's not going to ends well.

[bakasabo]

The frustration that ultimately makes you decide to borrow money is that no one forbids it, but if the money obtained from the loan is used for gambling, I don't think that's appropriate. After all, gambling places do not provide a guarantee of always making a profit. It is better to use the capital obtained from the loan to work on opening a small business that might provide a profit and help the economy improve.

That is the importance of controlling your emotions well and never taking rash actions. Remain calm and carefully consider the risks that will come in the future.

It's no longer inappropriate, because in my opinion borrowing money and using it for gambling is a very wrong and bad action.

Would you please comment on the following situation that occurred in our company. We were at the offline casino abroad. We took some money (cash) and went gambling at the evening. One of my friends ran out of money. Dont know why, reckless gambling or simply unlucky, but that does no matter. So the other guy I know, said that he would lend that guy money to gamble, so that he wont just stand, watch and wait until we had enough of gambling for today. The guy accepted offer, took money and lost. From the other side, he could have won. What should those two do in this situation? First guy should not offer to lend money, and second guy should not accept that offer?

[livingfree]

From there, it's not a good response and action if you have to deal with failures and frustrations. As a gambler, we're very emotional and since it's attached with money, you'll be dealt into incurring more losses and financial loss upon losing control emotionally.

This could be the case, if a gambler has experienced severe depression as a result of frequently losing bets so that the money he has has run out and there is nothing left, then the gambler will think and immediately take action, it is better to borrow money from other people so that he can carry out his gambling activities and he didn't think with common sense first that the step he took was a big mistake for his future life.
Instead of feeling happy, he will soon experience regret, sadness and adversity.

Yes, this is based on losing control of their emotional feelings as you said above and in my opinion, this kind of experience will be experienced by gamblers who are seriously addicted, because this type of gambler is not able to control themselves well, which includes their mindset. They only think about how they can continue gambling.

If a gambler will continue to have that kind of mindset, he's nowhere to go. Many of his friends are going to be away from him if he has taken a loan already from them even they're paid.

Because out of the activity of being a gambler, they'll look to themselves being a partaker of their friend who's addicted and has the habit of taking loan for gambling.

Indeed, with those gamblers who feel frustrated, of course they will take big risky actions, such as continuing to gamble or even risking the last money they have, hoping that a miracle can happen with the gambling they do so that they can get a big win that can cover all the losses that have occurred, but unfortunately it's not as easy as you think. Even though they gamble with the aim of recovering losses, of course this does not guarantee that they will win, and another risky action is borrowing money to gamble, but such an action is certainly not right, because it will only make things more difficult.
Of course, everyone is not happy about losing money, but we have to be able to see what causes our money to be lost, with gambling it is something that can definitely make us lose money, so it is not strange to lose or lose money by gambling. Moreover, if you gamble with an uncontrolled emotional state, then big losses or losing more money is something that is certain to happen.

That's actually the start of the problem when we're about to chase and recover our losses. That sounds to be a plan but that plan will turn into disaster later on.

There's no need for more explanation about that because for sure that each of us have experienced that instead of recovering, the majority have to deal with more losses.

The frustration that ultimately makes you decide to borrow money is that no one forbids it, but if the money obtained from the loan is used for gambling, I don't think that's appropriate. After all, gambling places do not provide a guarantee of always making a profit. It is better to use the capital obtained from the loan to work on opening a small business that might provide a profit and help the economy improve.

That is the importance of controlling your emotions well and never taking rash actions. Remain calm and carefully consider the risks that will come in the future.

It is better if that's the purpose but a determined gambler won't think of that because his way of recovery is through gambling again, it's a cycle, rinse and repeat. /s

[Woodie]

If you think about it, the saying of "never borrow money to fund your gambling habits" actually rides on the saying of "gamble with money you can afford to lose !"
Now if you are going to rely on other people to finance your gambling habits then it's simple logic to conclude that you can not afford it and should stay away..

Besides, if you want to give yourself a winning chance with gambling, then you are better of having a free and clear mind which means not playing on another person's account called debt and this allows you not to play under any sort of pressure...

[Quidat]

That's a good piece of advice for all of us, but I don't think it would be applicable to a person with gambling problems particular to addiction.

There's no improvement that I see, it kepts recurring nothing happens and his debts is increasing so bad because of gambling.

Yes OP's post advice is practical however easier said than done. it's very easy to know what you should be doing before your session, but once your emotion arises, you forget all about those things about your rules. That's why it will always take you to much about your overall discipline following it. Otherwise, you will go in circles and getting back to your bad habits and addiction. You need to consciously end the cycle of you being a loser of the game and the only way to do that is to just do and follow your rules consistently. Discipline is not a magic handed to you. You must hone and develop it.

Its never been easy because if it was easy then tons of people would really be able to make himself quit or able to stop if they are at loss then there would be not much number of platforms that we can see today or simply with this industry on which it numbers wont be that rampant. On the moment that you are already borrowing or taking up some loan just to gambling then its a solid sign that you are already addicted to it and this is something the best time for you to quit or turn your back with gambling because once you do decide on continuing no matter what until your last drop of money
then you are just basically putting up your life into such big trouble.

If you dont like on having a miserable life then you should really be that responsible because if you dont then expect the consequences.
People would really be just tending to changed up their actions on the moment that they will really be having that huge problem towards it.