Never borrow money to be able to gamble

[junder]

The risk of losing the borrowed money is high, and the obligation to repay that debt remains, creating a vicious cycle of financial strain.

Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.

Of course, the borrower doesn't know whether we have the money or not, but it is clear that the party who lent the money will definitely want the money to be returned to the individual, especially if they borrow it from an official company such as a bank, of course there will be other dangerous risks when they don't. can pay off the debt he has incurred. Maybe the bank could confiscate the property owned by the borrower. because of course the bank will not let them continue to relax, of course they have to pay off the debt they have incurred. by them borrowing money to gamble is just their way of ruining their lives. because even gambling does not provide a guarantee that they will definitely win to help their finances.

Even borrowing money not for gambling can ruin someone's life. If you really want to borrow money, you must first consider whether we can pay it off or not, because if not, there will of course be a big risk that could destroy us in the future. What you say is correct, loan funds must be used for meaningful and productive things that are truly positive and will be profitable for the future.

[bubilas]

The risk of losing the borrowed money is high, and the obligation to repay that debt remains, creating a vicious cycle of financial strain.

Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.

It is a pity that the governments of countries do not prohibit people suffering from severe gambling addiction from taking out loans. I hope that in the future they will create a database of those who are not trustworthy in paying off debts.
And I hope that banks will be much stricter about the purpose of the loan, because problem gamblers should never play with borrowed funds.

But unfortunately, very often many shadow banks see such people as an opportunity to earn money, and lend them money at huge interest rates, which starts a chain reaction that increases debt day by day.

[slapper]

The risk of losing the borrowed money is high, and the obligation to repay that debt remains, creating a vicious cycle of financial strain.

Borrowing money for gambling is never justified and should be avoided at all costs, it only leads to a bigger hole. Instead, any borrowed funds should be directed towards meaningful and productive purposes that genuinely add value to our lives.

Of course, the borrower doesn't know whether we have the money or not, but it is clear that the party who lent the money will definitely want the money to be returned to the individual, especially if they borrow it from an official company such as a bank, of course there will be other dangerous risks when they don't. can pay off the debt he has incurred. Maybe the bank could confiscate the property owned by the borrower. because of course the bank will not let them continue to relax, of course they have to pay off the debt they have incurred. by them borrowing money to gamble is just their way of ruining their lives. because even gambling does not provide a guarantee that they will definitely win to help their finances.

Even borrowing money not for gambling can ruin someone's life. If you really want to borrow money, you must first consider whether we can pay it off or not, because if not, there will of course be a big risk that could destroy us in the future. What you say is correct, loan funds must be used for meaningful and productive things that are truly positive and will be profitable for the future.

Money borrowing is like dancing with Satan. One mistake spells disaster. To be honest, banks don't care about you. Your interest payments sustain these enterprises. You're risking more than a few bucks when you borrow, especially for gaming. You're risking everything financially. All loans are potential disasters disguised as aid. Consider that if you can't pay it back, you risk bad credit, collection harassment, and bankruptcy. Is borrowing ever wise? You can, but be wise. You must have a sound repayment plan before taking out a loan. If your repayment method rely on anything uncertain, like winning large at the casino, you're doomed

[EarnOnVictor]

-snip-
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.

Thank you for the piece you've shared, they are all helpful and I am certain that those gamblers who can read your short article will be blessed in disguise. I wonder why people are gambling in desperation in the first place, gambling should be an extra activity and should not even be done solely for the money to be made through it. And even if the person will not solely gamble for fun but for the money, they should be wise about it and moderate things to avoid issues for themselves. I do not know the gain of the gambler who had wasted his money on gambling but still went ahead to borrow more money to gamble, is that not insane?

No one needs to tell such a gambler that he is losing it already, and perhaps he is already addicted to gambling. How it should be reversed should be the burning desire of the person and not the other way around. Gambling can only be enjoyed if we are responsible in doing it, but the moment we start irresponsible gambling, then we become unuseful to ourselves and everyone around us. Is that a good remark? This alone should have talked senses to many gamblers gambling anyhow.

[Obari]

I feel for people who engage in such, borrowing money to gamble,this is one thing that will definitely kill you because borrowing money to gamble is like putting yourself at more risk of depression, because that game you gamble on might dissappoint you,as well as the person you borrowed the money from will embarrass you.
There is need to hold a seminar on gambling,to let gamblers and newbies who are just entering into gambling know the bad effects of gambling,and the worst things involved in borrowing money to gamble.Those are doing these needs to stop,else they will suffer depression.

[JMBitcointernational]

It's a given thing, I guess. But to elaborate you can't borrow money and use it in gambling simply because winning will never be certain. Imagine losing all of it and still be needing to pay it, would you be fine? Never put yourself in a situation that you wouldn't want to. If you already have the urge to borrow for the sake of being able to gamble, there's a big problem going on. That simply means you're too hooked up with the idea that gambling will make any significant change in your life. Always manage the risk as much as possible.

Keep in mind that many people are only using a portion of their salary to avoid worse situations which is to ened up with nothing because of this activity. It would be much better to anticipate that losing is more likely to happen than you winning. If it's not your day then accept it. If you don't have money to gamble then accept it. Gambling is a game of luck and luck on the other hand is not something we have control of.

Gambling is not something important, i guess that people borrow money to attend to their important needs and if someone is actually borrowing money to gamble that means the person did not know anything about gambling and should understand that every activity relating to gamble is very uncertain. Experience in life taught me that i should not risk any amount that i cannot afford to lose either in investment or in gambling.

We are expected to gamble with a portion of money that will not affect our daily needs and other utility bills, because if we use the money that are meant for our domestic needs to gamble it will surely affect our cost of living thereby bringing problems in our homes especially in our marriages. i don't know how to put this but borrowing money to gamble is insanity and can lead to depression if the game turns out bad.

[Accardo]

I feel for people who engage in such, borrowing money to gamble,this is one thing that will definitely kill you because borrowing money to gamble is like putting yourself at more risk of depression, because that game you gamble on might dissappoint you,as well as the person you borrowed the money from will embarrass you.
There is need to hold a seminar on gambling,to let gamblers and newbies who are just entering into gambling know the bad effects of gambling,and the worst things involved in borrowing money to gamble.Those are doing these needs to stop,else they will suffer depression.

Yeah, taking loans moves quickly to affect the emotional intelligence of a player. He could have other reasons to make huge mistake. A lot of addicts have lost their lives in the process and it's not meant to be, if new players underwent effective seminars before venturing into gambling. It's also a mistake for a player to hold on to gambling as a means to make money, but many players weren't told about this that's why It seems as though gambling is only the existing money making method.

Their mistakes escalates and the problem even gets worse once the player doesn't reach out to the loan agreement. What would be the reaction of his loved ones, it'll be embarrassing to most of them and paying back could also be a stress for the family. I think those who chose to borrow for gambling's sake weren't prepared to end up this way when they joined gambling. It all happened to them due to their lack of information or knowledge regarding responsible gambling. However, some could be reading about it but don't have the willpower to implement it.

[hedgeh0g]

Op, when someone finds himself in a situation where he/she borrows money to gamble, the person has already gotten addicted to it. There's a says that gambling is not for everyone, though the reason why some people borrow money to gamble, for example, let's say in sports bet, some people will have sure odds which they think if they stake money, they will win. Many people did not understand that there's no guarantee in gambling, you can even bet that all the players should wear boots, I believe one of the players may come without his boots. Just kidding.  But gambling is very bad, if any newbie gives it a try 3 times and loses, I don't think they should continue wasting their money because that is the only way they can be addicted to it, and they will end up borrowing money when they are out of cash.

However, this happened to me the year I was gambling, that year was not easy for me. I was gambling with the money a friend of mine asked me to keep for him, I used to play sports betting and whenever I had sure odds, I thought I could make some profit with the money I gambled with, which I ended up losing everything. We should always believe that gambling is meant for fun, not to think that we are to be a wealthy person through gambling. Let's gamble with the money we can afford to lose, don't put your family into any trouble because of gambling. I have learned my lesson and I gave up on gambling.

You have given up gambling forever, do I understand correctly? I also had various situations, but what I can say about myself is that I have never played with borrowed money. For me, this is a prohibition that is simply built into my character, I simply cannot do this, because my brain blocks these actions due to the fact that I could lose my relationship with those people who are dear to me. To play with their money means not to respect them, but at the same time I understand that you had a very great desire to play and you could not do anything about it, unfortunately this happens to some of us. The main thing here is to forgive yourself for this and conclude that this will not happen again and it is not at all necessary to completely prohibit yourself from gambling. For me it would be a challenge to test myself and show that I really won’t break, no matter how self-confident it may sound.

It'll be unclear to conclude what he meant by concluding  or giving up on gambling. You know it's quite difficult to achieve due to the challenging needs to gamble on daily or weekly basis. Borrowing money to gamble is a dreadful mistake and no player is meant to engage into such a lifestyle. The worse aspect of this type of mistake is the unending continuous urge to always borrow to gamble. Going for loan means no money in the bankroll.

Hence, if the borrowed money gets exhausted the gambler will be in very worse emotional condition. His thoughts will be fast with no delays he'd be making countless mistakes due to unhealthy decisions. Additionally, the uncertainty of gambling, contributes to the difficulty of making enough profits to cover for the debts. Doing this will be a big blunder which can be caused by fatigue. Excessive gambling has impacts on the emotional strength of a player such that he gets tired along the line and his decisions would be fueled by pressure.

This very desire to constantly borrow will ultimately lead the player to the worst event in his game, if he does not win the jackpot)) A normal and healthy player should not have the desire to constantly borrow money. By the way, this also applies to all other areas of life where people with a special character are always looking for someone to borrow from, sorry, but I just don’t respect such people, because I’ve seen a lot of them in my life and they always think that they are the smartest, but They end up spending this money on what they don’t need - on their weaknesses. I don't want to offend anyone, but often these are people with low intelligence.

Indeed, debt always puts additional pressure on the player, and in the game you always need to look for solutions to get rid of this pressure, and not take on more and more.

[livingfree]

IMHO, the gambler will eventually realize that the care is there from the true friend that suggests him to quit and doesn't tolerate his addiction.

He may think as much as he can that he's not getting help and they're not real friends. But as we have said, real friends will never tolerate their friends for their bad actions.

And those actions are going to put them into a bad situation that they may have hard time of getting out.

Yes, awareness will definitely come after someone experiences feelings that are unfair to themselves, even though behind all that there must be a reason why other people have carried out this behavior towards the gambler, with the aim of making the gambler immediately aware and able to stop being addicted to gambling.
However, if the gambler can restrain and control his emotions well then the friendship will be fine, but if the gambler has a tough character and is easily emotional, the friendship will definitely be strained.

It is the gambler's problem if he's got a tough character when he can't adjust even if he's the one in need. In need of loan and in need of someone to be there for him.

That's the hard thing nowadays when you're in need and you cannot adjust your attitude and you're the one having trouble to your own life. And when your friends give you advises on what you must do to have a good ending, you will not like them because you'll justify that you are living your life in your own.

[STT]

Never borrow money to spend on the unnecessary should be a good general rule to keep for obvious reasons.   However it could also be a life lesson that needs to be learnt, I can understand why borrowing is thought as a negative  activity even before any gambling comes into play.  It does require some discipline to borrow only when you must.  Alternatively only borrow when it enables money to be earnt or saved in excess of the cost of borrowing, then we're getting too complicated and people get lost and tempted into spending without any real chance of gain just the larger interest cost adding to their bills.

[KennyR]

Borrowing money for gambling is not supported by most users because we don't have the assurance that you'll be able to repay it within the mentioned timeline. With gambling, one is risking the money with the hope of winning, but he or she isn't sure of the outcome. When you borrow to gamble, you need to think of the repayment with interest. When your plan doesn't get executed, you need to make arrangements for the interest to be paid in the upcoming months. Once you've learned to borrow and gamble, the habit will continue. It'll be hard to break, so it is good that you don't go by that.

[Vaskiy]

Yes, one should not borrow and gamble. When we gamble, we don't keep in mind that it is someone's money. Out of control, we might lose everything, and furthermore, we think that we should've stopped earlier. It is always good to think wisely and stay within limits. When you're in a situation to borrow and gamble, it is a pure indication that you're addicted. This means you should correct yourself, and there might be successful stories of people making good money out of gambling. We should not expect the same to happen to us.

[hyudien]

Borrowing money for gambling is not supported by most users because we don't have the assurance that you'll be able to repay it within the mentioned timeline. With gambling, one is risking the money with the hope of winning, but he or she isn't sure of the outcome. When you borrow to gamble, you need to think of the repayment with interest. When your plan doesn't get executed, you need to make arrangements for the interest to be paid in the upcoming months. Once you've learned to borrow and gamble, the habit will continue. It'll be hard to break, so it is good that you don't go by that.

When they have run out of money because of gambling, of course borrowing money is not recommended because it is very likely that they will have difficulty being able to pay it, because they have no other income to make money from. It is clear that the goal of most people who gamble is to be able to double their money, but the results that occur from the gambling they do are often inversely proportional, many experience losses because defeat will dominate more than winning, so it is normal for them to experience more losses than wins. victory, there is also no certainty about the victory that can be obtained.
Of course, when they want to borrow money, they usually only think about being able to pay it off when they gamble again using the money from the loan, instead of wanting to improve the situation, but that only makes the situation worse where they will most likely still experience losing money and they have to be able to pay off the debt from the loan which of course will be a pressure for themselves.

[zuzie]

IMHO, the gambler will eventually realize that the care is there from the true friend that suggests him to quit and doesn't tolerate his addiction.

He may think as much as he can that he's not getting help and they're not real friends. But as we have said, real friends will never tolerate their friends for their bad actions.

And those actions are going to put them into a bad situation that they may have hard time of getting out.

Yes, awareness will definitely come after someone experiences feelings that are unfair to themselves, even though behind all that there must be a reason why other people have carried out this behavior towards the gambler, with the aim of making the gambler immediately aware and able to stop being addicted to gambling.
However, if the gambler can restrain and control his emotions well then the friendship will be fine, but if the gambler has a tough character and is easily emotional, the friendship will definitely be strained.

It is the gambler's problem if he's got a tough character when he can't adjust even if he's the one in need. In need of loan and in need of someone to be there for him.

That's the hard thing nowadays when you're in need and you cannot adjust your attitude and you're the one having trouble to your own life. And when your friends give you advises on what you must do to have a good ending, you will not like them because you'll justify that you are living your life in your own.

Yes, because of his tough nature, he thinks that he is good at managing himself in gambling and he also feels that he is the right one and doesn't need other people's help in any form.
And it's true what you said, this is something that is very difficult to improve in the form of better self-control because people like this are not easily given good advice, in fact they just ignore it and think that good advice is just nonsense.
If we meet someone like this, it's better to keep quiet and see how long it takes for him to realize that he will immediately stop the selfishness within him and let him realize his bad behavior himself.

[Furious 7]

Yes, one should not borrow and gamble. When we gamble, we don't keep in mind that it is someone's money. Out of control, we might lose everything, and furthermore, we think that we should've stopped earlier. It is always good to think wisely and stay within limits. When you're in a situation to borrow and gamble, it is a pure indication that you're addicted. This means you should correct yourself, and there might be successful stories of people making good money out of gambling. We should not expect the same to happen to us.

Self-control has an important role in gambling and with those who borrow money to gamble, I think they are people who do not have good self-control, because the act of borrowing money to gamble is of course a big risky action, with the consequence that losses will definitely occur and On the other hand, we must be able to pay off the loan debt, and if they hope that a miracle with the gambling they do will result in a win and make them have a certain amount of money, perhaps even more than what they want, that is very unlikely. even if they manage to get a win, it might only be a small win.

It's true what you say, we should be able to gamble wisely, including with our thoughts which will determine the actions we will take when we think about it. and I think wise gamblers will of course not take actions that carry a big risk that could harm them, of course when the gambling they do ends in defeat then what they will do is stop, not continue gambling, especially by borrowing money here and there to bet again. There are also not many wise gamblers like that, because many gamblers are those who cannot control themselves with the gambling they do.

[klidex]

I feel for people who engage in such, borrowing money to gamble,this is one thing that will definitely kill you because borrowing money to gamble is like putting yourself at more risk of depression, because that game you gamble on might dissappoint you,as well as the person you borrowed the money from will embarrass you.
There is need to hold a seminar on gambling,to let gamblers and newbies who are just entering into gambling know the bad effects of gambling,and the worst things involved in borrowing money to gamble.Those are doing these needs to stop,else they will suffer depression.

Borrowing money to gamble is like killing slowly because it will bring great pressure where the gambler has to return the loan money along with interest. Gambling with borrowed money will not guarantee us winning and being able to return the borrowed money because in fact we will be faced with defeat and defeat because gambling is full of risks, it is better to gamble with the money we have rather than having to force ourselves to gamble with borrowed money because if we cannot win and lose all the money it will only ruin our lives because life is full of piling up debts and that will also give rise to bad habits.

Usually people borrow money to gamble because they are too chasing the losses they experience and dare to take risks by borrowing money and hope to recover the losses they experience but without realizing that gambling is a game of chance and chasing losses is very risky, especially with borrowed money so it is true. Gambling with borrowed money will cause depression and stress and people can also go crazy if their mental health is disturbed. I have also heard stories of people committing suicide because of debt everywhere caused by gambling.

[junder]

Of course, the borrower doesn't know whether we have the money or not, but it is clear that the party who lent the money will definitely want the money to be returned to the individual, especially if they borrow it from an official company such as a bank, of course there will be other dangerous risks when they don't. can pay off the debt he has incurred. Maybe the bank could confiscate the property owned by the borrower. because of course the bank will not let them continue to relax, of course they have to pay off the debt they have incurred. by them borrowing money to gamble is just their way of ruining their lives. because even gambling does not provide a guarantee that they will definitely win to help their finances.

Even borrowing money not for gambling can ruin someone's life. If you really want to borrow money, you must first consider whether we can pay it off or not, because if not, there will of course be a big risk that could destroy us in the future. What you say is correct, loan funds must be used for meaningful and productive things that are truly positive and will be profitable for the future.

Money borrowing is like dancing with Satan. One mistake spells disaster. To be honest, banks don't care about you. Your interest payments sustain these enterprises. You're risking more than a few bucks when you borrow, especially for gaming. You're risking everything financially. All loans are potential disasters disguised as aid. Consider that if you can't pay it back, you risk bad credit, collection harassment, and bankruptcy. Is borrowing ever wise? You can, but be wise. You must have a sound repayment plan before taking out a loan. If your repayment method rely on anything uncertain, like winning large at the casino, you're doomed

with those who have taken out a loan, of course they have risked everything they have until they take out a loan to bet again because they have run out of everything they have because they gambled on gambling, of course with the hope that every gamble they make can result in a win so they think they can reverse the situation. Of course, if they have problems with non-payment, it will be difficult for them later, whether they will be subject to fines or other things from the borrower and if they borrow the money from official parties such as banks, the consequences in my opinion will be quite serious.

with those who have borrowed money, I think they have not considered it well, because if they had considered it well, perhaps they would not have taken this big risky action. but when they lose in gambling and can't control themselves then they decide on actions that are not considered, it's natural because the attached emotions make them unable to consider it, if they can control themselves maybe they can control their emotions and of course the actions that are not considered will not happen. It's true what you said if they depend on gambling which can help them pay off their debts then that is a disaster.

[Rampagoe004]

It is a pity that the governments of countries do not prohibit people suffering from severe gambling addiction from taking out loans. I hope that in the future they will create a database of those who are not trustworthy in paying off debts.
And I hope that banks will be much stricter about the purpose of the loan, because problem gamblers should never play with borrowed funds.

Banks usually do not have data on anyone who has gambled and has a serious gambling addiction. So I think it will be impossible to do unless the bank collaborates with gambling service providers or conducts intensive interviews with people closest to the borrower.
But banks have a database of customers and their borrowing history. I think every country has a database of customers who have taken out bank loans and their credibility history. If someone doesn't pay or is often in arrears, the bank can see it and that person can no longer be given a loan.

[livingfree]

It is the gambler's problem if he's got a tough character when he can't adjust even if he's the one in need. In need of loan and in need of someone to be there for him.

That's the hard thing nowadays when you're in need and you cannot adjust your attitude and you're the one having trouble to your own life. And when your friends give you advises on what you must do to have a good ending, you will not like them because you'll justify that you are living your life in your own.

Yes, because of his tough nature, he thinks that he is good at managing himself in gambling and he also feels that he is the right one and doesn't need other people's help in any form.
And it's true what you said, this is something that is very difficult to improve in the form of better self-control because people like this are not easily given good advice, in fact they just ignore it and think that good advice is just nonsense.
If we meet someone like this, it's better to keep quiet and see how long it takes for him to realize that he will immediately stop the selfishness within him and let him realize his bad behavior himself.

They will have to swallow the hardest pill because soon they will come to realize that no man is an island, and they need someone's help.

With that, they will humble themselves to the friends that haven't tolerated them but instead given an advice on how they should deal with their addiction.

And saying that taking a loan for gambling is never been a good thing and it only going to cause more problems to their personal lives.

[moneystery]

It is a pity that the governments of countries do not prohibit people suffering from severe gambling addiction from taking out loans. I hope that in the future they will create a database of those who are not trustworthy in paying off debts ...

in my country, the government has a database that contains data on citizens and their financial health conditions. in that database, each person is rated based on a range of 1-5, and 5 is the worst score. later, with this database, banks or institutions that distribute loans can see a person's financial health score and determine whether they get a loan or not. this is a good way, because that way a person can't get a loan when they have bad credit in many places and that way they can be more responsible on their loans.