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Author Topic: Never borrow money to be able to gamble  (Read 2679 times)
Oilacris
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September 29, 2024, 12:55:54 PM
 #441

That's not a good habit that when you gamble is that the money you have gambled comes from the debt, because you seem to be driving yourself. Because we know that playing gambling is often the case often happens.
Borrowing money to gamble is a very bad gambling habit that I wouldn’t advise anyone to do because you will only put yourself into more troubles, gambling has no assurance and the risk involved is very so why should a sane person borrow money to play something that is not assured, how is he going to pay back the money when he ends up losing? You will get frustrated when you lose and will now have to pay back your debt which will lead you to taking more debts to try and gamble more in order to pay back your debts which doesn’t usually end well so we should always try to avoid taking loans or borrowing money to gamble.


One of the indicators that someone has started to become addicted to gambling is when they dare to borrow money to gamble, this is a fairly clear characteristic in my opinion because they can no longer control their desire to gamble so they dare to do something they shouldn't do.
Even though they win in gambling using borrowed money, it is still dangerous, because in the future they will dare to do even crazier things, for example, now they borrow money in small amounts, but after that they will dare to borrow in larger amounts and so on. And even more worrying is that they try to borrow from several places to cover it, from there even bigger problems will arise.
On the moment that you have reached out into a point that you are already borrowing money for you to gamble then this do really indicates that you are really that getting addicted into it.
It will really be that recommended that you should immediately stop and would really be that trying your best to stop gambling or having a break because if you do tolerate out such
emotion or feeling or impulsiveness towards gambling then sooner or later you would really be finding yourself on such bad situation. We do know that once addiction hits then it would really
be so hard to stop or hard really that to resist. There would really be those individuals could be able to have such control and there are ones who cant.

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September 29, 2024, 12:57:01 PM
 #442

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.
Borrowing money to gamble is a bad idea, because we cannot guarantee winnings in gambling, for losses it may be guaranteed, so the bad solution to gambling is the basis of the loan budget.

My advice is to gamble as much as you can, don't force your desires and will, remember there is still sky above, problems come from our own actions, wear clothes according to our body's needs.

I have a friend, he gambles without a day of gambling, he might die, he is also gambling, I have advised him not to borrow money from the bank just to gamble, In short, he didn't want to hear me from the end of the story. His house was confiscated by the bank because he couldn't cover the money he borrowed from the bank, so now he is stressed, so cases of borrowing money being used for gambling often occur and end tragically.

R


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September 29, 2024, 01:02:03 PM
 #443

In general, It’s really bad to borrow money for the sake of gambling however there’s always an exemption to this rule like when you are borrowing money just because your salary or expected money that was dedicated for gambling will come after few days while you want to gamble now.

All I’m saying is it’s not that bad if you are borrowing money if you have way to pay it and the amount was dedicated only for gambling or an amount you can afford to lose.

It’s bad if you are borrowing money for gambling while your only way to pay the loan is through the borrowed money itself plus profit.

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September 29, 2024, 01:36:41 PM
 #444

It would not have been a matter if you were in control of the games you would choose on a gambling casino platform, so not just because the house often wins and not the gambler player.
I'm still finding it difficult to understand what you are trying to point out here.
 
Do you mean to say that someone can be in control of the game by selecting which casino they gamble on or by knowing the right casino they can be able to decide how the game will go?
 
If that's what you are trying to say, then I will say that it almost contradicts what you are saying above, as the gambler, no matter how good they feel, can't control the outcome of a game, and as such, using loan money is not advisable.

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September 29, 2024, 01:50:24 PM
 #445

In general, It’s really bad to borrow money for the sake of gambling however there’s always an exemption to this rule like when you are borrowing money just because your salary or expected money that was dedicated for gambling will come after few days while you want to gamble now.

All I’m saying is it’s not that bad if you are borrowing money if you have way to pay it and the amount was dedicated only for gambling or an amount you can afford to lose.

It’s bad if you are borrowing money for gambling while your only way to pay the loan is through the borrowed money itself plus profit.

Lots of negative consequences that might happen compare to the benefits they get for doing that.

Also the pressure is so high especially that you know for yourself that the money you used is borrowed and there's interest that need to pay. So for us not to get any pilled up problems we should never try to engage with this thinking and also we should not think that its easy to in in gambling then we can pay the money easily if we win since this is how to problem starts of the gambler.

We should learn from other people experience this situation since from that we provably could realize that taking risky decision will not give us any benefits.

R


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September 29, 2024, 01:58:02 PM
 #446

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.
Lot of people are still suffering this things you mentioned because when they borrowed to satisfy their gambling taste and which to win back the amount they borrowed is equally putting themselves at the risk corner because gambling can't give immediately results, even if there will be then it's not trusted or certain that it must occurs as you borrowed the money. This is one major lesson those who borrows must learn to abstain from being indebted or regular paying loans they wouldn't end up finishing and will always be accumulating from month to months.

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September 29, 2024, 02:01:38 PM
 #447

On the moment that you have reached out into a point that you are already borrowing money for you to gamble then this do really indicates that you are really that getting addicted into it.
It will really be that recommended that you should immediately stop and would really be that trying your best to stop gambling or having a break because if you do tolerate out such
emotion or feeling or impulsiveness towards gambling then sooner or later you would really be finding yourself on such bad situation. We do know that once addiction hits then it would really
be so hard to stop or hard really that to resist. There would really be those individuals could be able to have such control and there are ones who cant.

It is indeed certain that such behavior does indicate a direction of gambling addiction. gambling is no longer done as a way to have fun, or just to bet on certain moments. such gamblers are likely to have made gambling a way to make money.
Betting with your own money alone has a high risk of loss. Moreover, by increases the risk of borrowing money from other people or certain parties. That actually multiplies the risk. I can't understand why gamblers can take bigger risks like that.

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September 29, 2024, 02:08:28 PM
 #448

Is it really so big difference between gambling with own money and gambling with borrowed money? The odds are same, isnt it? The luck and random works the similar for any money. While people say that there is no need to gamble with someone else money, what if one person run out of money, that he has taken with him, but has money at home? Shouldnt that person gamble with borrowed money, if he is able to return it next day?

 
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September 29, 2024, 02:35:38 PM
 #449

^

I would never recommend gambling with borrowed money. Firstly because gambling is a high risk entertainment, and secondly because if you don't have money to spend on entertainment, you should stay away from gambling. There are a huge number of other entertainments that do not require as much money from you as gambling.

Nobody knows what might happen tomorrow. The money a person has at home (which he expects to give away tomorrow) may be needed for more important things than gambling. When borrowing money you should always take into account that unforeseen situations can happen.

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September 29, 2024, 02:39:09 PM
 #450

In general, It’s really bad to borrow money for the sake of gambling however there’s always an exemption to this rule like when you are borrowing money just because your salary or expected money that was dedicated for gambling will come after few days while you want to gamble now.

All I’m saying is it’s not that bad if you are borrowing money if you have way to pay it and the amount was dedicated only for gambling or an amount you can afford to lose.

It’s bad if you are borrowing money for gambling while your only way to pay the loan is through the borrowed money itself plus profit.

That's right, it sounds very bad if someone borrows money just to gamble but on the other hand if he is forced to borrow money but there is an agreement to return the money and he immediately fulfills it I think it's not too bad. Maybe for people who are addicted to gambling, it is advisable not to borrow money from other people just to gamble, it is better to use personal money because people who are addicted can no longer control themselves when playing and the impact is that they will receive many losses so that they will find it difficult to return the loan if it is really done.

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September 29, 2024, 02:45:15 PM
 #451

^

I would never recommend gambling with borrowed money. Firstly because gambling is a high risk entertainment, and secondly because if you don't have money to spend on entertainment, you should stay away from gambling. There are a huge number of other entertainments that do not require as much money from you as gambling.

Nobody knows what might happen tomorrow. The money a person has at home (which he expects to give away tomorrow) may be needed for more important things than gambling. When borrowing money you should always take into account that unforeseen situations can happen.

I have already gave this example in a similar topic, but I will repeat. Imagine you are in a company, that took decision to visit casino. You go with them. When everyone gamble, what will you do? Stand nearby or gamble also? Lets take a scenario, when you have decided to gamble with them, but you did not take enough money with you. Someone offers to lend you money, so that you will gamble with them and not get bored (because no one wants to leave right now). Your choice? Take money and gamble, or refuse ?

In plain numbers. You have $30k on your bank account, but took $100 with you that evening, and spent most of them during evening. Someone offers you $100 so that you will have fun with them. Would you refuse?

 
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September 29, 2024, 02:48:33 PM
 #452

Gambling is an uncertain thing where one cannot say for sure whether he will win gambling bets in the future. Investing in something certain must have a guarantee or possibility of getting that investment back. But if money is borrowed to invest in betting on gambling then no one can guarantee that the borrowed money will be returned on time. Since there is no guarantee that the money will be returned on time, if you borrow money from friends or relatives, if you cannot return it on time, then there is no good relationship between them. Good relations between close relatives are destroyed only because of borrowed money. So it is by no means a wise thing to participate in gambling by borrowing for the time being.

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September 29, 2024, 02:50:50 PM
 #453

Whenever you see a gambler borrow money to gamble, you should know he's an addicted gambler who's ready to go any length in doing anything that'll provide him money to satisfy his gambling addiction. No right thinking gambler will want to borrow money to gamble when he's fully aware that winning isn't guaranteed. Such behavior is only found among those that can't control their gambling engagements and whenever sighted, it's best we help them come to terms with the fact that it's a gutter behavior that must be avoided.

This is not a good sign of gambling,because he get into more credits because of gambling.Gambling had two chance of winning and losing,So if they lose the money it leads to two times of the credit.Because at first,you not created any assets from that money.And you never used that money for your personal use.Secondly the money you get credit need to pay in the future,So two times of credit will be added to your account.It’s better to avoid of the credit for the gambling that make you credit person with many of your friends.Finally you will only get credit for the survivals since you loss your money in the gambling.
What a pity! It is only addiction that can let anyone opt for borrowing money to gamble, it's so gross. I like the way you expatiate this and any reasonable person would have already known the risk as your points could be categorised into three which are 1) The pain of losing the money, 2) The pain of paying back the loan and 3) The valueless investment you made with the money by gambling it out.

These three are enough for someone to know that they can only use the money they can afford to lose to gamble, and even if you can afford big money to lose, still limit it to a ridiculous amount to avoid the later pain for yourself. Gambling is about an uncertain outcome and if we look around us, we would realise that the majority lose their money in gambling, so how is that person sure that he will not join the majority loser if he borrows to gamble? This doesn't make any sense in all good sense of thinking.

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September 29, 2024, 03:09:52 PM
 #454

In general, It’s really bad to borrow money for the sake of gambling however there’s always an exemption to this rule like when you are borrowing money just because your salary or expected money that was dedicated for gambling will come after few days while you want to gamble now.

All I’m saying is it’s not that bad if you are borrowing money if you have way to pay it and the amount was dedicated only for gambling or an amount you can afford to lose.

It’s bad if you are borrowing money for gambling while your only way to pay the loan is through the borrowed money itself plus profit.

That's right, it sounds very bad if someone borrows money just to gamble but on the other hand if he is forced to borrow money but there is an agreement to return the money and he immediately fulfills it I think it's not too bad. Maybe for people who are addicted to gambling, it is advisable not to borrow money from other people just to gamble, it is better to use personal money because people who are addicted can no longer control themselves when playing and the impact is that they will receive many losses so that they will find it difficult to return the loan if it is really done.

You can't guarantee that the game will happen, so the best thing he can do is spend his money to gamble rather than borrow from someone else, because you can't forecast football and anything may happen. You will undoubtedly get into trouble if he does not favour you. That is what one of my friends did last two weeks when they provided him money to keep for someone and later he used it to stake game and play Manchester City will be playing against Inter Milan and the game ended. In draw expecting that Manchester City will get the opportunity to defeat Inter Milan and things don't happen like that is how they started arguing and selling his phone to pay the money, he lose the game and still lose is smartphone. that is why is very bad to borrow money to gambling, Some people borrow to double so that they get money, and some people usually Deceiving people that they get sure 2 odd that will make some of people and borrow to stake so that they can get money and even one odd cut games sometime so be wise and knows how to gambling.

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September 29, 2024, 03:10:37 PM
 #455

I have already gave this example in a similar topic, but I will repeat. Imagine you are in a company, that took decision to visit casino. You go with them. When everyone gamble, what will you do? Stand nearby or gamble also? Lets take a scenario, when you have decided to gamble with them, but you did not take enough money with you. Someone offers to lend you money, so that you will gamble with them and not get bored (because no one wants to leave right now). Your choice? Take money and gamble, or refuse ?

In plain numbers. You have $30k on your bank account, but took $100 with you that evening, and spent most of them during evening. Someone offers you $100 so that you will have fun with them. Would you refuse?

If I have deposited money in the casino account and lost them I do not deposit any more casino account no matter how strong the urge is. This is the only option I have found to minimize my gambling expenses. In addition, in recent years, this example is very difficult for me to imagine because of the inability to gamble in land-based casinos. I play only online.

If this situation did happen to me, I could easily go home leaving my coworkers to have fun further if they so desire. I am more than sure that some of them regretted the next day that they lost too much.

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September 29, 2024, 03:51:09 PM
 #456

I always assume that and to be specific i don't want to borrow and i don't have a chance to win by betting on gambling. So before borrowing and betting, think about how you will repay the loan if you lose the bet. Never want to put myself in a situation i can't handle. But if you have extra money to pay that loan then surely you can do everything easily. It simply means that you are too attached to the idea that gambling will bring about any significant change in your life. On the other hand it would be much better to assume that you are more likely to lose than win.
It is good if you can realize about how you will repay the loan because that can give us trouble with others. We responsible with ourselves and not let us get in a hard situation that we can not solve it. We must not borrow money for gambling and it is better we allocate some money for gambling. That will be better than borrow money because the risk after we finish our gambling activity. Many people are in the hard situation where they can not repay the money and the lender still come to them asking the money. If they have the money, they can repay it but we know that if people often gambling and borrow money, they will difficult to have money and that's the problem will occurs.
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September 29, 2024, 03:53:42 PM
 #457

Is it really so big difference between gambling with own money and gambling with borrowed money? The odds are same, isnt it? The luck and random works the similar for any money. While people say that there is no need to gamble with someone else money, what if one person run out of money, that he has taken with him, but has money at home? Shouldnt that person gamble with borrowed money, if he is able to return it next day?
In terms of opportunity, there may be no difference, because using any money, luck is the main factor. However, it seems that we are not talking about opportunities here, but we are talking about the impact that will be caused and this can lead to an uncontrollable self.
What you said is a different story in my opinion, because it means they still have money at home but they are not near the money. Well, in the case we are talking about here, my assumption is that when the person no longer has any money at all to use and they are looking for other options to be able to continue gambling, namely borrowing money.
Actually, it's not just borrowing, because when they run out of money because gambling is also included in the category that is very close to addiction.

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September 29, 2024, 04:07:59 PM
 #458

Is it really so big difference between gambling with own money and gambling with borrowed money? The odds are same, isnt it? The luck and random works the similar for any money. While people say that there is no need to gamble with someone else money, what if one person run out of money, that he has taken with him, but has money at home? Shouldnt that person gamble with borrowed money, if he is able to return it next day?
In terms of opportunity, there may be no difference, because using any money, luck is the main factor. However, it seems that we are not talking about opportunities here, but we are talking about the impact that will be caused and this can lead to an uncontrollable self.
What you said is a different story in my opinion, because it means they still have money at home but they are not near the money. Well, in the case we are talking about here, my assumption is that when the person no longer has any money at all to use and they are looking for other options to be able to continue gambling, namely borrowing money.
Actually, it's not just borrowing, because when they run out of money because gambling is also included in the category that is very close to addiction.

Even at bakasabo's perspective, wouldn't it cause some misunderstanding if the gambler losses more than he kept at home? It's better to stop once the money at hand is exhausted, than inconveniencing a friend to lend out money, that would certainly be lost.

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September 29, 2024, 04:17:56 PM
 #459

Gambling is an uncertain thing where one cannot say for sure whether he will win gambling bets in the future. Investing in something certain must have a guarantee or possibility of getting that investment back. But if money is borrowed to invest in betting on gambling then no one can guarantee that the borrowed money will be returned on time. Since there is no guarantee that the money will be returned on time, if you borrow money from friends or relatives, if you cannot return it on time, then there is no good relationship between them. Good relations between close relatives are destroyed only because of borrowed money. So it is by no means a wise thing to participate in gambling by borrowing for the time being.
The issue of borrowing from relatives is always a source of conflict, and we often see this in this area where borrowing is never returned, which is nonsense.

Investing with borrowed money is not recommended, let alone borrowing for gambling purposes? Obviously that is a mistake and where there are people who are desperate to do this, it means that they are addicted and it is difficult to stop playing.

Just gamble for fun - if you have more money you can play, if not just stop.
But this saying will be difficult to do for those who are already addicted.

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September 29, 2024, 04:37:26 PM
 #460

Is it really so big difference between gambling with own money and gambling with borrowed money? The odds are same, isnt it? The luck and random works the similar for any money. While people say that there is no need to gamble with someone else money, what if one person run out of money, that he has taken with him, but has money at home? Shouldnt that person gamble with borrowed money, if he is able to return it next day?

Gambling with borrowed money and gambling with your own money, it will indeed make you  play with the same game and chances. But believe me, when you have experienced a series of defeats and then  gamble with borrowed money it will make you even more destroyed. It doesn't matter if you still have money in your savings or wherever, but when you have  borrowed money to gamble it will make you even more depressed and the worst will destroy your life. So, please, don't think of borrowing money as a way for you to gamble, because borrowing money will be easier than paying it off. So, as much as possible not to borrow  money to gamble and maybe for other things,  it will only make yourself worse.

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