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Author Topic: [Just For Laugh] What kind of advice is this? 😂 🤣 🤣  (Read 766 times)
Fivestar4everMVP (OP)
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July 08, 2024, 03:17:04 AM
 #81

...
Lol, some people are sure like that to be honest, you did be surprised that there are people who have made it a habit to borrow money and never pay back, and amazingly, they do this and keep doing it and are so comfortable about or with it.

All kicks and laughter untill that kind of people cross their path with someone who they think they can fool with their strategy, but they realize inna hard way they borrowed from someone they should not have borrowed and end up tortured, recorded in video and finally hidden in an unnamed hole in the middle of the jungle.
It may sound like an exaggeration, but in developing countries, specially where shark loans are common, one should never ask for money to gamble, in the end the money is going to be lost and the criminals will lose their temper.
It is such a sad and dangerous way to live, in my opinion. It is not worth it.
Correctly and perfectly said, totally agree with you, it's simply not worth it, most especially when we compare the risk to the potential reward, it is easy to assume borrowing to gamble is one of the easiest ways to make money even with a zero bank balance, that is; you win, repay the borrowed money ones, two times (depending on how large the won amount is), then the gambler already have (maybe) more than enough profit to go on gambling on their own without need to borrow money again.

It is always and absolutely simple to assume outcomes such as the above, but some fail to understand that assumptions can never be reality, for anybody can assume anything, but in the end, reality is what really matters, there are many who have (out of assumptions) gotten themselves into problems they never did imagined they ever be in.
Assuming you can borrow money, easily win, repay the money borrowed and go on enjoying gambling; is something that is very rare and only the extremely lucky ones have tried and it worked for them just the way they assumed it would, for the rest, it always end in the opposite of their assumption.

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July 08, 2024, 06:48:33 AM
 #82

That will not takes too long for that person lose all of the money and he will get a big problem that he will not imagine before. Taking a loan for gambling is not a good idea and not recommended for all people who want to playing gambling. That will cause them in a big trouble and we will surely they will difficult to escape from the lenders.

If gambling is easy to win, many people will takes a loan from other people and win the games. They even will use gambling as a source of income because they can wins many gambling games and gets the money. That will only makes more people will gets into deep of gambling without having a chance to quit gambling because they will becomes addicted to gambling.

We must stay away from takes a loan for gambling. Besides of the big chance of losing the money, we will difficult to repay the loan to the lenders. The lenders will easily to find out where we hide because they have resources that they will use to search us.
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July 08, 2024, 09:08:19 AM
 #83

That will not takes too long for that person lose all of the money and he will get a big problem that he will not imagine before. Taking a loan for gambling is not a good idea and not recommended for all people who want to playing gambling. That will cause them in a big trouble and we will surely they will difficult to escape from the lenders.

If gambling is easy to win, many people will takes a loan from other people and win the games. They even will use gambling as a source of income because they can wins many gambling games and gets the money. That will only makes more people will gets into deep of gambling without having a chance to quit gambling because they will becomes addicted to gambling.

We must stay away from takes a loan for gambling. Besides of the big chance of losing the money, we will difficult to repay the loan to the lenders. The lenders will easily to find out where we hide because they have resources that they will use to search us.
Unfortunately, once your addicted to gambling, staying off from debts might be too hard to do. Even if you know that could cause you trouble in the future, but your greed towards making more money will prevail. So advices like these will never create a big impact to them, but wait until they experience consistent losses and used up all their life savings, I’m sure in the end they will quit without telling them since they don’t have money anymore to bet.

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July 08, 2024, 12:59:40 PM
 #84

Correctly and perfectly said, totally agree with you, it's simply not worth it, most especially when we compare the risk to the potential reward, it is easy to assume borrowing to gamble is one of the easiest ways to make money even with a zero bank balance, that is; you win, repay the borrowed money ones, two times (depending on how large the won amount is), then the gambler already have (maybe) more than enough profit to go on gambling on their own without need to borrow money again.

It's one of the worst things to do, I have seen people taking loans to gamble with it hoping that they might win something and return the money with what they have won and keep the rest but it never works that way because nothing is guaranteed in gambling, you don't know whether you are going to win or not which means that it is not wise to use someone else's money for something like this if you know you can't return it in case you lose.

Just like the person asking for advice to stay underground after taking a loan and losing it, such gamblers keep doing the same thing, they borrow funds from one person, lose it in gambling, keep hiding from that person while trying to find more people who can lend them some money, and they wouldn't repay the loan with that money but try to recover their losses which is another mistake.

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July 09, 2024, 06:11:20 AM
 #85

Correctly and perfectly said, totally agree with you, it's simply not worth it, most especially when we compare the risk to the potential reward, it is easy to assume borrowing to gamble is one of the easiest ways to make money even with a zero bank balance, that is; you win, repay the borrowed money ones, two times (depending on how large the won amount is), then the gambler already have (maybe) more than enough profit to go on gambling on their own without need to borrow money again.

It's one of the worst things to do, I have seen people taking loans to gamble with it hoping that they might win something and return the money with what they have won and keep the rest but it never works that way because nothing is guaranteed in gambling, you don't know whether you are going to win or not which means that it is not wise to use someone else's money for something like this if you know you can't return it in case you lose.

Just like the person asking for advice to stay underground after taking a loan and losing it, such gamblers keep doing the same thing, they borrow funds from one person, lose it in gambling, keep hiding from that person while trying to find more people who can lend them some money, and they wouldn't repay the loan with that money but try to recover their losses which is another mistake.
The number of times a person can get away with this is very limited, if there is one thing that all people without exception hate is to trust a friend with a loan and then for such friend to not reciprocate and fail to pay that loan.

So you can be sure that anyone that is willing to listen to the story of the defrauded friend will know what happened, so when the addicted gambler tries to pull of the same stunt again, they will find out no one is willing to lend them any money regardless of the reason they may ask for the loan.
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July 09, 2024, 06:20:00 AM
 #86

The guy is acctually saying that the borrower are slowly digging his own grave.

My father always said, never borrow money from someone, because you can only run for so long, until you get caught and living a life, constantly having to look over your shoulder... are not a life worth living.

People kill for money... so you should not mess with their wealth... work for your own money.


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July 09, 2024, 02:40:35 PM
 #87

The guys response is hilarious actually but it carries the message that is worth adhering to. If you borrow money to gamble especially where you are already indebted  you are likely to lose again because of the pressure you already have to repay and that was why he said he will lose the 3k. Another message there is that to borrow money to gamble is never a good way to gamble.

It is just like saying there is no hiding place for a sinner, likewise a debtor can't run forever. Gambler who borrows money to gamble will be indebted in two places if he loses. That is, being indebted to his borrower and being indebted to himself for losing his money and so he would keep chasing and losing.

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July 09, 2024, 02:47:37 PM
 #88

You can check how many owners of the huge business borrow the money and go to casino to play roulette to pay their debt!

I will add that 99.9% of all these cases has no happy end to the business! You will be shocked when you see the list of the companies!

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July 09, 2024, 03:26:48 PM
 #89

I just thought I should share, and maybe you guys have something to chip in too, find details in the shot posted below...
Does he have the rest of the 6k, if he does maybe he can get a passport to go away for a while to avoid the debt bill or go to the mountains to plant corn for a few decades, the proceeds from the corn he can pay for the debt bill spent on gambling.

Seriously, that's the important danger of gambling by borrowing money. Many people make mistakes in estimating and calculating borrowed money and gambling, they think that everything can be doubled, actually it's a short idea if they do, why not gamble with the money they have without having to borrow, actually in this post it reminds us from his cuteness, borrowing doesn't guarantee we can make extra money in the gambling arena.

R


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July 09, 2024, 03:29:09 PM
 #90

You can check how many owners of the huge business borrow the money and go to casino to play roulette to pay their debt!
I don't think that most of them do but we've heard stories like the FedEx owner did and luckily, he's able to make it. But any business owner that's going to follow that path is doomed to fail.

I will add that 99.9% of all these cases has no happy end to the business! You will be shocked when you see the list of the companies!
If you have a list of them, it's gonna be a good read on how their journey ended with a simple mistake but a very crucial decision that has ended their company and turned it into bankrupt.

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July 13, 2024, 10:36:18 AM
 #91

You can check how many owners of the huge business borrow the money and go to casino to play roulette to pay their debt!

I will add that 99.9% of all these cases has no happy end to the business! You will be shocked when you see the list of the companies!
I quite understand you and if a thing like this can happen to a person, why can't it happen to companies, after all, it is human beings that are also behind the companies. So if they've already mismanaged the finances of the companies, they could be desperate to cover many things up and also try to make amends. But they are unwise to have thought that gambling with the remaining accessible amount or borrowing more money to gamble with so that the winning can be larger is the solution.

I strongly advise individuals or companies facing challenges one way or the other regardless of whether or not gambling is the cause to find an alternative solution. They should rather be calm, creative, restrategize and plan. After all, they are not the first who will face challenges and many have come out of it doing better.

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July 13, 2024, 10:51:49 AM
 #92

You can check how many owners of the huge business borrow the money and go to casino to play roulette to pay their debt!
I don't think that most of them do but we've heard stories like the FedEx owner did and luckily, he's able to make it. But any business owner that's going to follow that path is doomed to fail.

Not on Roulette but rather on Blackjack which is a game that a player can have an advantage with card counting that time since continuous shuffling on decks is still not available to counter card counting.

Someone indeed use Blackjack as way to solve money issue through calculated gambling which is different from playing roulette that is a pure luck based game.

In the early days of FedEx, Smith had to go to great lengths to keep the company afloat. In one instance, after a crucial business loan was denied, he took the company's last $5,000 to Las Vegas and won $27,000 gambling on blackjack to cover the company's $24,000 fuel bill. It kept FedEx alive for one more week.

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July 13, 2024, 10:54:38 AM
 #93

You can check how many owners of the huge business borrow the money and go to casino to play roulette to pay their debt!

I will add that 99.9% of all these cases has no happy end to the business! You will be shocked when you see the list of the companies!
Let start by saying that debt is a negative aspects of whatever we are doing and for such we have keep chasing to be free from every form of debt both as a company or an individual, because with the burden of debt, there is no way you can have the right frame of mind to think wisely, agreeably also we need to stop taking loan to gamble with and at such we should take gambling as just fun and nothing more.


Some of those that have such bad debt records are mostly traceable to gambling incident.

R


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