Unimaginable case yesterday at local bet shop.

[$weetne$$]

I want to asked here.. What could make you stake bet with a motorcycle or any physical properties knowing too well that when lose you can't afford to let go your motorcycle or property. How could this act be properly prevented, or does it mean that the betting shop should stop accepting people using anything not less than money to stake bet or what? I have seen many worse cases where people gambles uncontrollably, I was so much embarrassed seeing people behave this way.

There are many reasons why I think the individual would stake his bike, did that but none of them are acceptable reasons to stake any physical property you have as collateral for gambling regardless of what the guarantee was that he was going to win the bet. Maybe he thought he had a correct score from an unreliable source that he would have thought was reliable, which could be why he believed the predictions so well that he had to stake his bike for the game. Addiction is one of the reasons why I think this individual found himself in this problem because when gamblers are addicted, they can do anything to gamble. He should pay his debt and learn his lesson to not believe any predictions he gets from anyone and only believe what he thinks about a game before playing it.

[Kelward]

Addicted gamblers betting with their physical assets is not a new thing to me, aside from physical bet shops, you'll see them at local card and draft games. My latest experience on gambling dept recovery was seeing someone being mercilessly beaten on the street by tugs and I heard that he was owing a gamble operator. The guy started having a seizure during the beating, it was a horrible sight to behold. I don't think that it's proper for bet establishments to be accepting any other form of staking, other than cash, accepting physical assets means encouraging gambling addiction.

[iBaba]

I want to asked here.. What could make you stake bet with a motorcycle or any physical properties knowing too well that when lose you can't afford to let go your motorcycle or property.

It is very simple " Addiction" is the only reason someone would risk his motorcycle 🏍️ for betting. A person who is not a gambling addict can not risk his motorbike or valuable property for gambling. Although I have heard of several case scenario where such thing happen,  but have to witnessed it Live.

I'm afraid with the way some people go about this gambling thing especially if they are addicted to it already. The truth is, gambling addicts can go to any length to satisfy their urge and expectations. This is like the story of a famous gambler in the name of Charles Wells who took a monumental risk to stake a subtantial sum of £4,000 in 1891. He later had a winning streak with £1 million as a profit then, an amount that is equivalent to about 14 million dollars today.

Though it was later accounted that he lost most of his money in the course. Similarly, it is also accounted that Ashley sold all his properties including his clothes to participate in a single bet by staking over 130,000 dollars on red on the roulette table. Upon spinning the wheel, it hit on the red and doubled his stake to x2. It was said that he later had to establish an online poker company as his own business. Both incidents are real stories in the internet, although these two accounts were positive but is that a good idea for any gambler to bank on, I know it's something that people do, but it's not good at all.

My greatest blame goes to the betting shop for allowing him bet with his bike, it clearly shows they have interest in confiscating his propeerty upon funds loss and also the foolish man that trusted his instincts in gambling enough to pledge with his only source of livelihood as a collateral, anyways, addiction can render gamblers very stupid.

The first thing to ask in this kind of situation is whether the guy is an adult or not. If he is an adult, then he has the right to stake anything he wishes including the staking of his motorcycle for betting. I wonder how people summon the courage to take decisions like that, how can you put the bike you ride as a bet for a game you don't have the ability of dictating a win or a lose. A game you are not even sure off.

It's absolutely a stupid idea for one to use his source of livelihood as a collateral but I don't think the betting shop would be blamed for a decision he took for himself.

[ethereumhunter]

I will not bet without have the money because that can gives me a problem like that man. But I guess that can happen to some people who still want to playing gambling and they will risks some stuff that they have. They seems don't care with whatever that will happen after they place their bet. Maybe they are getting deeper in gambling games without seeing if what they did is excessively to themselves.

That will gives risks to people who want to do that because they will not have anything and they are difficult to stops themselves. That can be because they are addicted to gambling but they don't realizes the truth so they keeps playing gambling. Gambling can makes them deeper and spends more money and even they can stake their bet with their property. So we must be careful if we are in that situation and stopping gambling will be the best decision.

[Outhue]

Gamblers neglect all the risks once they believe in the game they are about to play.

I am not surprised about this person did, there are many cases like this in my country too, from bikes to cars and even houses, and they gambler eye opens after he lost the game, even if they win wouldn't they do the same some other time? It will even fuel their gambling intent, thinking that they can get lucky.

This is a very bad habit that needs to stop, if you can't control how you gamble or what you intend to risk on gamble you shouldn't be gambling, this is one of the reasons why people end up in debt or lost the roof over their head and start sleeping on the street.

[Dailyscript]

I want to asked here.. What could make you stake bet with a motorcycle or any physical properties knowing too well that when lose you can't afford to let go your motorcycle or property.

Quick money, addiction, life events and greed are the things that would make him do so. It is not the first time i have heard of people going out to gamble without any money believing that they would win their first bet and have money to pay for the stake and still gamble more. This is the highest risk in gambling apart from picking odds. I consider it foolish because it is what has been generating income for him and his family. So i dont know why a gambler would prefer to stake what generates money for him on a daily basis on gambling. Imagine if he had left the bike there and left, the returning to take his bike and they deny him or steal it.

When i read this story completely i went back to the internet to check the price of getting a new bike now and to tell you that he price have increase 30% up from the previous price in just interval of months. I dont know where he thinks he will get money from if he eventually loses his bike, why cant he get the money there and pay off the damn betting loan.

[EarnOnVictor]

It's all wrong to do such a thing and I will never stake any property to bet. I would rather sell a property if I have a financial challenge when there is no one to turn to. Staking your property or getting your property seized due to gambling is a high level of irresponsibility which I wish everyone would stop as it's not reasonable.

Gambling is risky, you can't know the outcome, so if you either stake your property or stake some money in which you use your property as collateral, what if the bet loses, that can only amount to increasing your trouble which I believe a reasonable person would avoid.

Think of it, the number 1 financial gambling rule is to wager only the amount you can afford to lose. I think this has settled it, can the guy afford to lose that money or property? Certainly not, so it's not good in all ways of good reasoning.

[Ojima-ojo]

You guys just Fuel his addictions, for someone to place his source of livelihood on a bet, means he is at the highest stage of addictions and as a matter of urgency there is a need to work on his mental State of mind, otherwise he is going to end up on the street without nothing.


I know someone who gambled away all his life furtun and is back to square zero, a State that is worst than not having at all, this is someone who owns houses and cars just some few years back so the question is, how can you gamble with what means something to you, and in this case I also blame the gambling agent how can you stake bet for customers on credit.

[Zoomic]

You guys just Fuel his addictions, for someone to place his source of livelihood on a bet, means he is at the highest stage of addictions and as a matter of urgency there is a need to work on his mental State of mind, otherwise he is going to end up on the street without nothing.

Experience they say, is the best teacher. Most people do not learn from their personal experiences because there are always people available to bail them out of the trouble they caused for themselves. This is not different for most addicted gamblers. Majority of them have refused to learn from their mistakes because they have families, friends, neighbours and wellwishers who would never turn their back on them in situations like this. These gamblers know what they are doing  because no sane person will gamble with his only source of income without considering the consequences of his actions.

Sometimes  it is better to allow these irresponsible and compulsive gamblers feel the consequences of their actions, just maybe they will learn the hardest way when no one comes to their rescue.

[DaNNy001]

People who said land based casino is more gamblers friendly and unlikely to get addicted should read this thread, it's crazy that the casino's employee want to accept the bet instead of forbid it. Usually the gamblers will don't mind to bet their property because they don't want to feel shame with the people who watch them betting.

There's always a chance someone can get addicted either in online casino and land based casino.

Land based has a lot of downsides due to the fact that a lot of people are now gambling with their accets and properties, I think these properties should be rejected in order for them not to do anything stupid and also face the consequences of their actions... both online and land based casinos can make a gambler addicted but statistically the percentage of those that are addicted and getting wrecked on online casinos are quite higher than physical casinos, correct me if I'm wrong

[Su-asa]

Addicted gamblers betting with their physical assets is not a new thing to me, aside from physical bet shops, you'll see them at local card and draft games. My latest experience on gambling dept recovery was seeing someone being mercilessly beaten on the street by tugs and I heard that he was owing a gamble operator. The guy started having a seizure during the beating, it was a horrible sight to behold. I don't think that it's proper for bet establishments to be accepting any other form of staking, other than cash, accepting physical assets means encouraging gambling addiction.

It is only on a physical bet shop that all those things can be allowed, when a gambler that don't have money to pay for gambling gambles he will be beaten because he gambled in credit. These kind of gamblers are many in most countries, were you will see a deptor running whenever he sees the person/people that he owes, and if he can't pay pay he will definitely receive enough beaten and he will still pay the money. Most times the person that the gambler owes also threaten the deptor. Those that loaned money for gamble don't think properly before the act towards gamble.

[CryptoHeadlineNews]

I want to asked here.. What could make you stake bet with a motorcycle or any physical properties knowing too well that when lose you can't afford to let go your motorcycle or property. How could this act be properly prevented,

Sometimes when you see people act in such bold manner, ready to give away personal property such as bike or car as collateral for money to gamble on a betting ticket, then it's a clear sign they might have bought a game from an acclaimed online fixed prediction scammer who might have gave him a game prediction and told him it was a fixed sure odd with a 100% winning chance, which might have prompted him to want to giveaway whatever valuable, with the mindset to buy back after winning his acclaimed fixed sure sport game odds. Because I have seen scenarios where people sold their car just to gamble and lost it, so this case is not different, as what need to be done is a general public orientation that gambling is never is get rich quick scheme, and as such people should always strive to gamble responsibly.

[Juse14]

The case that OP conveyed, shows us how out of hand gambling can lead to actions that may be harmful to the gambler and others. Placing a bet with a bicycle or any other physical asset is extremely risky, particularly when one is unable to bear such a loss. It just goes to prove how overpowering the gambling urge can get, even at the expense of waiving some fundamental requirements.

Gambling or betting premises should have strict rules in place to ensure that wagers are accepted only in cash or kind, and not by way of property. A greater awareness of the perils of overgambling and tighter reins on the industry will prevent such incidents.

It's good that you and others did step in to help the person. It shows community concern, but this issue needs more broad addressing so as to prevent it happening again. The betting venues should also be more responsible in ensuring that their customers gamble he health y and controlled manner.

[bangjoe]

You guys just Fuel his addictions, for someone to place his source of livelihood on a bet, means he is at the highest stage of addictions and as a matter of urgency there is a need to work on his mental State of mind, otherwise he is going to end up on the street without nothing.


I know someone who gambled away all his life furtun and is back to square zero, a State that is worst than not having at all, this is someone who owns houses and cars just some few years back so the question is, how can you gamble with what means something to you, and in this case I also blame the gambling agent how can you stake bet for customers on credit.

Some people force themselves to gamble and some agents also take advantage of the situation, everyone is looking for ways to benefit from the opportunity in front of his eyes.

The wrong person here is the one who gambles, in view of the whole conversation of course this would not happen if the gambler did not pledge his goods so that he could gamble, even though he did not have a good financial condition.
Yes, many people have that fate, losing their property and valuables because they always want to gamble, even those who used to get a salary to make ends meet turn to pay debts everywhere.

[Adbitco]

Do you believe that you would win the game for staking your bike, why would you do that? Please pay off the money and take your bike and leave otherwise your bike would remain here. On the process the gambler pleaded and pleaded with the agent to let his bike go so he could go drive and raise back the money to pay for his Gamble but yet they didn't allow him to go with the bike instead he should call a relative to release him from there but he instead of not calling anyone but rather go home with his bike. It was a serious drama (case) till i and some other people had to intervene for the gambler and paid off for him to go home with his bike and never to come gamble without funds on his hands.

I have to say, that's a very weird bookie you have in your country that accepts motorcycles and physical goods in exchange for betting. Official bet shops in my country don't work like that. You either pay the money upfront or go home.

Coming back to this case, if he staked his bike and lost his bet, the bike is now the properly of the bookie. The bookie won it fair and square. Fair and stupid more like it. The person who made the stake showed a complete lack of judgement for placing such a bet. When he lost, he asked for his bike back, which again shows the confusion in his head. 

I want to asked here.. What could make you stake bet with a motorcycle or any physical properties knowing too well that when lose you can't afford to let go your motorcycle or property.

It's probably one of the following: gambling addiction, stupidity, lack of soberness, or no logic and intelligence. No sane person who is right in the head would bet with something they can't lose or live and work without.

Extremely.. because no normal person could go gamble and finishes his bankroll and yet has refused going instead he went ahead to stake with his motorcycle thinking he would win, well most times luck differs but I don't is something that one should sell of their bike to go stake with the mind of winning the games to restore back his bike. But unfortunate the game disappointed him and he wasn't able to win the game and he lose Everything if not that people intervened for him.

[Hamphser]

I want to asked here.. What could make you stake bet with a motorcycle or any physical properties knowing too well that when lose you can't afford to let go your motorcycle or property. How could this act be properly prevented,

Sometimes when you see people act in such bold manner, ready to give away personal property such as bike or car as collateral for money to gamble on a betting ticket, then it's a clear sign they might have bought a game from an acclaimed online fixed prediction scammer who might have gave him a game prediction and told him it was a fixed sure odd with a 100% winning chance, which might have prompted him to want to giveaway whatever valuable, with the mindset to buy back after winning his acclaimed fixed sure sport game odds. Because I have seen scenarios where people sold their car just to gamble and lost it, so this case is not different, as what need to be done is a general public orientation that gambling is never is get rich quick scheme, and as such people should always strive to gamble responsibly.

On the moment that you do reach up this kind of state then it do really solidly indicates that you are already that addicted to gambling on which this is something which is really that very
normal and you could really be able to see these people into those gambling places on which this is really that common. They would really be betting all the possession that they do have
as if they dont really  care if they would really be losing their car in a blink of an eye considering that gambling would really be only have two possible outcomes on which it could be a win or lose
but we do know on where people do usually end up on which they would really be losing up their money as long they would really be keeping on playing gambling. They would really be betting
all they do want as long they do have the money into their pockets.

[iv4n]

...The betting venues should also be more responsible in ensuring that their customers gamble he health y and controlled manner.

I can't buy it... everyone should take care of themselves. Gambling is only one vice, but there are many others, and if someone does not want to or does not know how to protect himself, he will very easily be eaten by another vice. So if one person can handle a vice (whatever that vice can be) should we ban it for all? It's not working, prohibition didn't work either... instead of learning from history we just repeat the same mistakes.

I always say we should focus more on education & prevention, it's better to teach people how to play with fire without getting burned than to hide/push everything under the carpet. That will just make the illegal/dark side of business grow, and in the long run that will just grow even more.

You have to take care of yourself, it's not a job for others... others take care of their families, jobs, and their profits, it's even stupid to ask someone to take care of you. Are you incapable of doing it yourself? I understand various illnesses and old age, but if someone is healthy and righteous, he must take care of himself and his fellow human beings, not cry around and ask others to solve his problems.

[dothebeats]

This also happens even in well-established casinos. There are people dedicated to buy other people's items in the casino with cash with a huge price cut. Most of the time, those who still want to play will sell their belongings to these certain people and will lose everything at that night. It's nothing new, really, though I guess in this instance the man could have sold his bike before he bet anything - at least he wouldn't have this problem

But seriously speaking, I don't understand why some people would go through such lengths to satisfy their gambling itch. I get that you will possibly win something from it, then again that possibility is very low to say the least.

[adultcrypto]

This is a case of recklessness because the person gambled with what he cannot afford to lose which is a violation of the first and most important law of gambling. Placing a bet with motorcycle shows the gambler ignored the things that is required of a gambler and there was no way his gambling would have not ended in trouble. I have seen funny things happening in traditional gambling shops some of which makes gambling to be perceived as something prone to problems by parents and a lot of people. If you don't have money to gamble, work hard to get some money and never used money meant for basic needs for gambling. Most importantly, we must always remember not to gamble what we cannot afford to lose

[Dewi Aries]

Extremely.. because no normal person could go gamble and finishes his bankroll and yet has refused going instead he went ahead to stake with his motorcycle thinking he would win, well most times luck differs but I don't is something that one should sell of their bike to go stake with the mind of winning the games to restore back his bike. But unfortunate the game disappointed him and he wasn't able to win the game and he lose Everything if not that people intervened for him.

I think it is likely that the person does not understand properly about what and how the so-called winning opportunity actually is, in the sense that he may assume that his actions will result in a win as expected, even though it is clear that hope or belief can never change the outcome of the game.
And actually even though someone is able to accept all the consequences of the decisions they have made but still selling all the goods they have, especially vehicles, is a very wrong action, because regret can be very significant when the results are not as expected.

So maybe I will take a little conclusion that most likely the person you are discussing is someone who does not have a proper understanding of the concept of winning and losing in gambling, maybe he does not know that luck is something that can never be controlled according to desire.