Never borrow money to be able to gamble

[Peanutswar]

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.

In playing gambling there's always a risk not assured that you will win the game but you can lessen the risk, depends on the game of course, if you play for a slot games you cant identify if you have chance to have the maximum wins but instead if you play such as strategy game like the table top games, sports bet or other games that consist a statistics, data and knowledge how to win could lessen the risk and increase the chance of winning. Seeking for debt for IMHO is not ideal because as i was saying there's no assurance you will win every game you will wage. Its okay to seek debt if you have the capability to pay but if not better to side aside too much playing gambling.

[Webetcoins]

I see gambling as one of the numerous ways through which one can have fun and get entertained. And are such we must have a goal in our mind when we are coming which should be guided by discipline so that we don't get carried away and gamble irresponsibly. There is no one that has been 100% winner in casino games or even sports betting. As a matter of fact if you win 100% of the time your account is going to be flagged by the casino. Also having a budget is going to prevent the gambler from spending more money than when he doesn't have a budget.

To have fun and get entertained are the same. The one that you should say instead is 'to make money'. Both of them are already a goal and I think a lot of gamblers will have a goal of making money. No doubt as it's also important. We can use it to buy our food and other things in life and all of these can still make us happy. Winning 100% is possible but winning at all times is indeed impossible.

It's also true that there are restrictions in sports betting but I haven't heard anyone that got restricted for winning too much in casino games. I guess it's because winning at them is hard and takes a lot of trials and error, so the casino owners just let the players feel the victory sometimes.

We can't play if we don't have a budget or capital but if you mean budget or bankroll management, I thought you said earlier that it is needed? But it is really, so that we won't lose our way, therefore we must learn how to sacrifice our urge to play more sometimes.

[ethereumhunter]

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...

That's related because the main thing from that two thing is you have the money and you only use some money you can afford to lose and never breaks it. If they don't have money, they don't have to borrow other people money because that can makes them in trouble and should stay away from gambling. No matters those people have money or don't have money, they will not have a big chance to wins. So they don't have to risks themselves playing gambling and better doing other things that doesn't have a big risks. If they can have a good self control and some money, they can playing gambling but they must be strict to themselves and never thinks about making money from gambling because that will still difficult. They can playing gambling is only for fun and never borrows money to gambling.

[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.

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.

Actually, there's no easy ways to change a person especially when they're binded with addiction. However, if we felt a lot of failures because of that wrong decisions we made I guess it's our best chance to overcome certain habits instead of experiencing the same situation. Commiting the same mistakes, knowing that it caused you several circumstances no one will be blame but ourselves.

[Crypt0Gore]

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.

Actually, there's no easy ways to change a person especially when they're binded with addiction. However, if we felt a lot of failures because of that wrong decisions we made I guess it's our best chance to overcome certain habits instead of experiencing the same situation. Commiting the same mistakes, knowing that it caused you several circumstances no one will be blame but ourselves.

Unfortunately, common sense is not common.

If not, why would anyone borrow money all because of gambling? When it comes to risks you shouldn't be using money that's not yours, most times they will land you in trouble, I almost took a loan to invest, yeah you heard right, to invest in crypto some weeks back but I changed my mind, now the asset have dump like 20% more.

This is why DCA is the best, slowly accumulation rocks, back to the gambling discussion, the risk in gambling is even higher than investment, you can lose everything if luck isn't on your side for that day.

Even if the money is all yours, think about the hard work you put in before getting the money, people don't get it that luck doesn't happen always, and it is clearing that this is what brings money for the casinos, you won't always get lucky, and most times you will lose, do someone needs to tell you to thread carefully around gambling? No.

[Odohu]

I have tried this before, when I didn't know much about some principles of gambling and I cannot remember any single time I won when I gamble with borrowed funds. Long before now, I have stopped borrowing to gamble because it didn't favor me. To remain profitable in gambling, one should be able to separate what works for him and what doesn't.

Surprisingly, what I have noticed is that when I have so much money in my system, the desperation to win naturally go away and that is when I make good money from gambling. Is there really anything like the more you have, the easier more will be added to your wealth? This seems to be the principle that works for me. I will very much love to know if there is anyone having this kind of experience too.

[Uhwuchukwu53]

Borrowing of money for purpose of gambling is the hardest adventure any gambler can take as the risk involved is almost 99% though it's very risky not to take a risk but such risk is like death sentence because possible of loss is greater than wining, and casino game has more advantage of wining if loss occured you have been pron to risk of paying debt which is avoidable.

Gambling should not go to the extend if taking loan or borrowing of money just to gamble it's addiction not just for fun but move out of hand. It very unwise taken such risk the best is to stay within your limit one playing with what it have at hand with good planing is the Best than play more than what you can afford that will leads to borrowing.

[Bravut]

Borrowing money just to gamble is the dumbest action anyone will take. That's the sole reason I emphasize on having a limit and plan that allows you gamble till you have another return, you can't borrow in the midst of storm, how can you pay back?, mehn this can't be overstressed as it makes no sense at all in any form.

You borrow to gamble, laughable just for fun? How some will assume.

[nara1892]

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.

Actually, there's no easy ways to change a person especially when they're binded with addiction. However, if we felt a lot of failures because of that wrong decisions we made I guess it's our best chance to overcome certain habits instead of experiencing the same situation. Commiting the same mistakes, knowing that it caused you several circumstances no one will be blame but ourselves.

And the only way is to let them go through the process, because as we know that even though we give them a lot of advice but in the end they don't listen to it and sometimes they might even think that we are someone who likes to interfere with other people's business, and that is the mindset of someone who has entered the addiction phase where they are usually very stubborn, none other than all of that is formed in their minds because they have the wrong mindset in terms of responding and responding to gambling.

One of the reasons why I say that it is better to let them go through all the process is because in the addiction problem I think only adversity can make them realize that their point of view on gambling is wrong, because in my experience there is only one way that can make an addicted gambler realize about his behavior, namely waiting for them to experience adversity that traumatizes them. On the other hand, in my opinion, something that is called a mistake in gambling is when you do things that endanger yourself such as making decisions beyond your ability.

[Wiwo]

Borrowing money to gamble with is the highest level of addictions, because as a normal gambler you have to know that gambling results are uncertain and unpredictable,  so for that if you have the well withers you should already know that by Borrowing to gamble with you are already signing up for debts and debt is the primary feature of those that are already addicted.

For that, why should anyone go into Borrowing when you are going to lose the money I gamblein, gamble with the amount of money you don't need to solve any serious life responsibilities,  don't let your greed to mess you up.

[Dewi Aries]

Of course, gambling is not an activity that should be prioritized because it is nothing more than a normal game that always runs full of uncertainty, meaning as you said that a gambler must understand about what should be prioritized in his life and obviously the answer is the various other more important things that you have in life such as household affairs, dividing most of the money to fulfill whatever is needed in life rather than just gambling, or other important things.

But yes as we know that there are some gamblers who always prioritize something that should not be prioritized, I don't know the reason but certainly most likely they are already very obsessed with gambling which is probably because they have excessive expectations of winning so they always act excessively and do various things that make no sense, and I have one friend who allocates more than 80% of his salary just to gamble while he struggles to make ends meet, and this problem will continue to occur if it is not stopped.

Gambling is a f*cking black hole for people who don't understand their relationship with money. Instead of winning or losing, it's about controlling their minds. Gambling depletes hope. You lose, chase, lose more, chase harder. Constantly chasing your own tail. Your friend risking 80% of his pay? This is foolish and a disaster waiting to happen. Financial literacy includes investing and identifying psychological traps that capture people

He must reorganize his priorities. First, admit fault. Then seek expert treatment. Therapy can uncover his motivations. He needs a budget, savings plan, and something other than the next bet. Gambling must be replaced with good behaviors that build his future, not destroy it

Yes it's true as you said that gambling is a black hole for gamblers who come and get involved without the right understanding of how gambling actually works, in the end yes obviously they will just waste their money and time and this happens over time especially when the phase of chasing losses is already done. And yes as I said above that I have one friend who really treats gambling in an excessive way, yes you are right he risked 80% of his salary just to gamble for the sake of chasing recovery and I always told him that chasing losses in gambling is like you chasing your own shadow.

On the other hand I also did not allow him to continue in this terrible situation, not only me but also the following other friends who participated in helping him by giving various suggestions and input to reflect on his actions which aimed to make him realize that what he was doing was wrong and endangered himself in the long run, and I also always invited him to do other things when he wanted to gamble, the aim was to distract him from gambling, and yes hopefully he can wake up soon and recover.

[OgNasty]

A longstanding popular method to gamble on this site seems to be to start an account, fake your way into getting some trust, then take out a loan and bet it on a game.  If you win, you pay back the loan and then ask for a bigger one to risk, if you lose you disappear.  This is why most people don't lend money here and why it is so difficult to get a loan.  As the saying goes, this is why we can't have nice things.  Besides the scams that come along with borrowing to gamble, it's just plain a bad idea to begin with.  I don't understand why people do such dumb things.  Must be greed, right?

[0t3p0t]

All those things in the lists are true but it all depends on how disciplined we are or how responsible we are towards gambling. Why did I say that? It is because sometimes we are more on words not on doing it. I think it's all because of greed. We all have to remember that doing mistakes in gambling will cost us consequences so be careful. But me personally, I do not gamble with loan money that's terrible.

[Cryptoprincess101]

Actually, there's no easy ways to change a person especially when they're binded with addiction. However, if we felt a lot of failures because of that wrong decisions we made I guess it's our best chance to overcome certain habits instead of experiencing the same situation. Commiting the same mistakes, knowing that it caused you several circumstances no one will be blame but ourselves.

One wrong impression people that gambles or become addicted to gambling have is that they feel that after several attempts they can win even when they are aware of the consequences of being too addicted to gambling but yet they pay deaf ears. Someone who wants to progress in life should make everything possible not to enter into repeating same mistakes they made again. Borrowing money to play gamble is bad because if it doesn't work that means you will find it difficult to pay back the money you borrowed because all your hope was that it will work according to your plan so in that case it will disturb one's mental health.

[Baki202]

Borrowing of money for purpose of gambling is the hardest adventure any gambler can take as the risk involved is almost 99% though it's very risky not to take a risk but such risk is like death sentence because possible of loss is greater than wining, and casino game has more advantage of wining if loss occured you have been pron to risk of paying debt which is avoidable.

It's too risky for anyone to gamble with borrowed funds. Because if you don't win, what will you use to pay back the money that was borrowed? because we know what gambling is about, in fact, using borrowed funds won't give me the rest of my mind. and the best thing is to gamble with your own money that way, you will bear whatever risk comes with it. and if you do not have money to gamble, it will be better to even stay that way than get yourself involved with debt, whether you lose or win, you will still pay.

Gambling should not go to the extend if taking loan or borrowing of money just to gamble it's addiction not just for fun but move out of hand. It very unwise taken such risk the best is to stay within your limit one playing with what it have at hand with good planing is the Best than play more than what you can afford that will leads to borrowing.

it is a very foolish decision to take a loan to gamble, Even though I enjoy gambling, I don't see myself making such a decision. and this is what addicted people are capable of doing. you see some people even selling their houses to gamble, like when I am not crazy. gambling is something you are supposed to enjoy. planning is the best have a budget if you want to gamble every day. you can have a good budget for your gambling but I won't accept that. you might just get yourself in trouble, because how do you pay back when you don't win?

[Kavelj22]

For too many reasons it is foolish to borrow money to gamble. I don’t like borrow money and even when I do, I can’t risk it because you may try to be smart to double it and you end up giving the money to the casino like it’s charity and you will still have to pay up for money you never used to achieve anything meaningful. Gambling should be done out of your pocket and an amount you can afford to lose.

Only those who suffer from gambling addiction may be led by their behavior to venture into debt in order to continue playing. Borrowing for the sake of gambling means that they have lost all their own money and all that remains for them is to gamble with other people’s money. Some who cannot find a loan, may consider stealing or defrauding to make money.

In the “Lending” section here in bitcointalk, I noticed that there are some users who borrow assets with or without a collateral, and the reason for borrowing is “betting”. I don't know how lenders would accept this, but it is clear that they are taking a big risk even if the interest rate is high.

There is a basic rule in the fields of "trading" and "gambling" that says that you should never risk using money that you can't afford to lose because there is no guarantee that it will achieve returns. I do not consider either of them a real environment of investment because the degree of risk is high and the user may be involved in consequences that he is not able to bear.

[Promocodeudo]

First remember that you have to play with common sense and responsibility, to make sure that the game is always an entertainment. Knowing this won't make you go to the extreme of borrowing money to gamble. And you have to know the golden rules of gambling. Which are!

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

(2)FOR YOU, GAMING MUST ONLY BE A HEALTHY FOR ENTERTAINMENT.

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

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

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

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

(7) SET YOURSELF A BUDGET AND DON'T EXCEED IT.

Why I brought this topic it's because so many people are still paying debt, why? Because they went ahead of borrowing money just to gamble and by the end of the day, they lose it all.  I know of a friend who is still battling to pay of his debt while he used the money on gambling. Is it proper no. What are the main points of gambling?
(1) CONSIDERATION
(2) ANY AMOUNT WAGERED.
(3) RISK (4) CHANCE AND A PRICE.

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.

First of all gambling is not a trusted means to wealth so it is not ideal for anyone to have the mindset of borrowing money to gamble, gambling should be followed responsibly, borrowing should mainly be for profitable investment not for unrealistic risk, a responsible gambler understands gambling, they wouldn't want to gamble with regret as return, they ratther gamble with what they can afford to lose or not gamble atole, a good gambler should know when to stop and when to continue, losing is a normal event thats bound to take place in gambling, the earlier we know this, the better for us, a gambler should keep his mind open to accept any outcome because no matter how good we think that we are in making selections of most likely games that might come as we expected, what will be most be and thats the reason why individuals should avoid borrowing money for gambling purposes.

[Stable090]

Actually, there's no easy ways to change a person especially when they're binded with addiction.

Sometimes it’s better you don’t try to change addicted gamblers because they will never listen, it’s better they realize their mistake themselves. Whenever you try to talk to some addicted gambler, they will always feel they are not addicted to gambling, and they can control themselves, but they are really addicted to gambling. I have seen someone who was addicted to gambling, and I tried talking to the person, but he got angry and told me he knows what he’s doing and can decide to stop gambling whenever he wants, but the person was already doing things a normal human being shouldn’t do just for the sake of gambling.

[Onyeeze]

Borrowing money just to gamble is the dumbest action anyone will take. That's the sole reason I emphasize on having a limit and plan that allows you gamble till you have another return, you can't borrow in the midst of storm, how can you pay back?, mehn this can't be overstressed as it makes no sense at all in any form.

You borrow to gamble, laughable just for fun? How some will assume.

basically it's a risk like participating in gambling, if you want to participate fully in gambling you shouldn't think of borrowing funds for gambling,  because two things is involved in gambling neither you win or you lose and if you have known this scenario and you still want to continue to borrow and participate In gambling is lift for you, because basically their is know guaranteed that when you borrowed and gamble that you will surely make it from gambling immediately,  so my fear always be that at end if I lose, where will I get the money to repay someone I borrowed from, we should try to think of both the negative concepts and positive concepts of it before we borrow to gamble despite that gambling is a risk that shouldn't push us to gamble any how.

[Franctoshi]

The worst thing that any gambler can ever do himself or herself is to go borrow in the name of using it wager to get double or triple of the money in gambling where that it profit and lose side is on equal scale, borrowing isn't a bad idea or bad thing to do but it is only good for business that is already established and for a situation where it has already known that an additional fund into that business will boost its profits, and not borrowing for something like gambling and trading where the profits and losing side involves a 50/50 chance of win /lose.
The majority of people I have seen do this are some gamblers who are greedy and addicted, these people can go extent and do anything to make sure they raise funds to gamble.