Unimaginable case yesterday at local bet shop.

[uneng]

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.

The physical belongings in this case were useful as collateral, so the betting shop was assured to not have a loss, even if the gambler refused to pay for the bet for some reason, like the one presented of not having money to pay for it. I don't think it's common for betting shops to accept belongings and patrimony to allow the gambler placing a bet, but in cases where the gambler is a scammer, they go after his goods and patrimony. That happens all the time always a person doesn't pay his debt off. So the justice system goes after any goods on his name, seize it and then transfer to the creditor.

It's the responsability of the gambler to know when to stop or when to avoid gambling. The gambler can't expect the betting house to forbid him from gambling because he is an addicted one. The betting house doesn't care at all to say the truth, as profit is what they seek, besides the fact it would be too time demanding to investigate each customer to find out if he is a problem gambler or not.

[Ultegra134]

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

Although I get your point, stupid things are also possible at online casinos by charging your credit card extravagant amounts of money and going into debt. Anyway, I believe this is called a gambler's last resort: betting physical assets in an effort to receive money in return. However, they do not take into account the associated risk or are so overly blinded by their addiction that they don't consider what's going to happen if they lose, in which case, as in the OP's story, they start begging to be excused, something they wouldn't do themselves had they won.

[Issa56]

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.

If you visit local gambling shops, things like this are just common, but to be honest, I always feel bad whenever I see people doing stupid things like that. The most annoying part is that even old people who have family at home to feed do crazy things like that, and they are not the only ones who are going to suffer for it, their family members are also going to be affected. I just hope those agents at the gambling shop stop allowing that kind of thing. Anyone who doesn’t have money with them shouldn’t be allowed to gamble, and if you already gambled with everything they have, they shouldn’t allow them to continue.

[Dr.Bitcoin_Strange]

This incident might have played out differently but it is not so different from the cases of some addicted gamblers that sold  their house just to stake on a game that they were so sure would give them a life changing reward, but they were so unlucky that the game failed their high expectations.  I don't really know where some gamblers usually find the guts to be so confident about the outcome of a game they want to stake on.

That particular gambler that used his motorcycle to stake on the game was so confident that the game will play as he has predicted, that was why he took such risk, if that's not the case, then he must be an addicted gambler.

[Slow death]

Yesterdayday I went to bank to do some account upgrade on my local account, when I drop, there is a local betting shop beside the bank and they are sharing thesame fence but what got my attention is. As I was about entering inside bank I overheard some people raising their voices saying why would you place bet without money but put your bike at stake, I acted as I never knew what is going on till I finished what I went to the bank to do, and still came back they were still raising their voices.

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 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.

This lead me to come create this topic to see response from experience people since the local betting shop is not that much far from me, I may give them some clue since I was recognized among those who calmed the whole situation.

The answer to your question is very simple: addiction. Yes, addiction is the only thing that makes a gambler start betting his assets, because he becomes dependent on gambling and starts to gamble uncontrollably. First, he uses money to gamble, but the money runs out and he still feels like gambling, but since he has no money, he uses his assets if the betting house accepts it. But even if the betting house does not accept him betting with his assets, he will sell some of his assets and take the money and go to the betting house to place bets. There are many cases of people addicted to gambling who have lost their homes because of gambling. That is why governments are always warning people to gamble in moderation. Because gambling addicts create many problems for their families and for governments.

[mirakal]

To me, this sounds like science fiction: in our country, there is no such thing that you can leave your physical property in the form of a stake or some kind of collateral. More precisely, it is important to take a loan against a vehicle (for example, a car), but I can’t even imagine a loan against a bicycle. Perhaps this is acceptable in southern countries, but in northern countries such property is relatively cheap and almost no one accepts it as collateral. Although there are probably countries in which the bets themselves can exist in the form of physical objects. Perhaps this exists in street betting, I don’t know.

Yes, this could be somehow possible if you are only betting in grey areas with your peers, but betting on legal betting shop with no physical funds to bet, that's insane. The gambler must not have been in his right thinking, or he's really into deep gambling addiction that he can't control anymore his own actions and that he finds betting possible even without betting funds. That's one of the consequences if you push yourself to gamble even without enough resources and when you lose your capital, your whole finances will now be affected.

[junder]

This incident might have played out differently but it is not so different from the cases of some addicted gamblers that sold  their house just to stake on a game that they were so sure would give them a life changing reward, but they were so unlucky that the game failed their high expectations.  I don't really know where some gamblers usually find the guts to be so confident about the outcome of a game they want to stake on.

That particular gambler that used his motorcycle to stake on the game was so confident that the game will play as he has predicted, that was why he took such risk, if that's not the case, then he must be an addicted gambler.

If addiction in my opinion is something that definitely happens to those who bet at local casinos or online, because it's about each individual's perception in terms of gambling, if they think they can win with the winnings they get can change their lives then most likely they will become addicted, it's not strange that many cases that occur are the negative impacts of gambling because there are indeed many gamblers who in my opinion have high hopes for gambling. but it actually becomes a weapon that attacks themselves.

with those who think that their predictions can indeed make them win it's like they are confident, but being too confident in this case is not good because when this high self-confidence makes them continue to bet until they dare to take big risks such as selling their property just to make sure the predictions they have. besides that when someone is addicted then most likely they dare to do or take actions that are high risk.

[Pmalek]

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.

You mentioned in your OP that you were among the people who put up money to give to the bet shop to allow them to return the bike to the gambler. It was a nice gesture, but I am wondering, do you know the guy? I am asking because he doesn't seem to me like a person I would trust with any amount of money. Do you believe he will pay all of you guys back?

[traderethereum]

That will not be recommended to stake using his bike and he should realizes that it is better to stay away from gambling until he have money. If he really wants to playing gambling, he can sell his bike to have money so then he can use that money to gambling.
We can not believe that we can win the games because that is gambling which is not gives you money easily. We must not do that especially if we don't have money to place our bet.
We can not risks ourselves by doing that think because we may not meet other people who wants to pay our bet with their money. We must realizes that we don't have to place a bet if we don't have money to stay away from the problem.

[GxSTxV]

Are these gambling shops legal? Do they have rules and regulations that allow or prohibit people from gambling and staking their properties such as bikes, car or even houses? I want to understand your story about how at the beginning the shop accepted his motorcycle, then refused to release him till he pays back?
Moreover, when someone loses his staked object, then how the gambling shop get the papers from that car or bike on the loser’s name.

Unfortunately, many people still gambling and staking their most important and valuable assets just to gamble and bet in winning more than what they own. Finally, they end up losing everything, because they never stop betting and gambling even when they win a significant amount, they keep playing until they lose everything and start staking cars, houses and anything valuable chasing their losses.

[Solosanz]

Are these gambling shops legal? Do they have rules and regulations that allow or prohibit people from gambling and staking their properties such as bikes, car or even houses? I want to understand your story about how at the beginning the shop accepted his motorcycle, then refused to release him till he pays back?
Moreover, when someone loses his staked object, then how the gambling shop get the papers from that car or bike on the loser’s name.

It's really unimaginable to see a legal gambling shop accepting to stake physical properties especially when there's a sign that they don't have anything except these property. So I believe it's an illegal gambling shop where we can stake anything, even staking your wife is possible, so if you lose your bet, your opponent can having sex with your wife.

[Dewi Aries]

To me, this sounds like science fiction: in our country, there is no such thing that you can leave your physical property in the form of a stake or some kind of collateral. More precisely, it is important to take a loan against a vehicle (for example, a car), but I can’t even imagine a loan against a bicycle. Perhaps this is acceptable in southern countries, but in northern countries such property is relatively cheap and almost no one accepts it as collateral. Although there are probably countries in which the bets themselves can exist in the form of physical objects. Perhaps this exists in street betting, I don’t know.

Yes, this could be somehow possible if you are only betting in grey areas with your peers, but betting on legal betting shop with no physical funds to bet, that's insane. The gambler must not have been in his right thinking, or he's really into deep gambling addiction that he can't control anymore his own actions and that he finds betting possible even without betting funds. That's one of the consequences if you push yourself to gamble even without enough resources and when you lose your capital, your whole finances will now be affected.

Yes, I also think that it is very likely that the person is really trapped in a chronic addiction cycle that he will justify any means just to stay at the table to continue gambling with the last option of using an item such as a bicycle as collateral. But on the other hand I also wonder whether a legal physical casino will actually accept such a payment system? I have never heard of it but if the incident is really a fact then yes it means that option can be done.

On the other hand I think it is clear that in the end gamblers who have a tough gambling mentality like that person will eventually experience a very significant impact, and honestly I really can't imagine how much pressure the person feels when it turns out that everything is not according to expectations. I will also say that gambling is not actually bad, what is bad is the behavior of the gamblers themselves.

[Odusko]

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.

At some point I wanted to blame this incidents on addictions but then along the way I hard a rethink and suggest that we should at least face the problem so that the guy can easily come out of his predicament, because what saved him this time is that guy did not stake the bet with his bike but rather used the bike as collateral which means that when he brings the money he can walk away with the bike, that is what make it easy for ops to be able to pay off the small amount, if care is not takenthe next time, the ops may gamble away with his bike and at that point his greed will lead to him losing something precious, gambling is not for the weak and the greedy, because there is always a limit that each person should go in gambling, allowing greed to take over you thinking process can push you into something that you will normally not buy into, so stay clear addictions and greed which are two important factors that can push anyone into making this kind of decisions.

[Fivestar4everMVP]

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.

This lead me to come create this topic to see response from experience people since the local betting shop is not that much far from me, I may give them some clue since I was recognized among those who calmed the whole situation.

Such things are people putting down their physical items as collateral to be allowed to place a bet in gambling is not something that is new, specially in a country like Nigeria, I come across situations like this atleast ones in every week or two, and you should too if you live in an area where there are lots of betting shops/ lotto houses, people drop their valueable items like their phones, wrist watches, anything of good value; as collateral just to be allowed to gamble or place a bet, at the end of the day, if he or she loses, he or she will either have to look for where to get the money spent on bets to pay and bail his or her valueable items, else, such item will be taken over by the owner of the betting shop or gambling house.

It is a very bad habit for one to gamble until they reach a stage where they can't abstain themselves from gambling even when they have no money to finance the urge or desire, it's really bad and I hope we ourselves learn from things like this to not allow any of ourselves become a victim of such gambling addiction.

[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.

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

Yes, it's true that when you see people act in this manner, it's actually a clear sign of a gambling addiction, of which I'm sure the owners of those betting centers wouldn't mind letting an addicted gambler keeps gambling, simply because he/she is after his profit which will be gotten when people comes to gamble, as it's only left for people like us who knows the effect and what gambling addiction could cause that could see such people and guide them through the right part, as most people who you see in such situations, are either caused by family pressure or depression, of which it's only when you have a one-on-one discussion with such people, that you can know what the real problem is. As many who are gamblers today, are into it simply because they have no tangible job, of which, you can't blame them, that's what the society caused. So on a notch shell, what I'm trying to say is that when you see people just like in O.P story, desperate to issue collateral for money to gamble, the best will be to decline such offer, to safe a gambling addict.

[Casdinyard]

Well people who want to bet will do whatever it takes to scratch that itch in their brains, and this is specifically the reason why I advocate against gambling for profit. Pretty sure this person is initially a gambler who lost all his money and is trying to do something he thinks is completely logical to recuperate his losses. Or he's someone who wanted to gamble to gain profits to begin with, with the prospect of betting his bike as some sort of wager as if that's something that could work.

See the lengths that people would go through just to gamble? Isn't that outright stupid? Now check out those who gamble for nothing but the fun of it. Do you see them taking such desperate measures just to recuperate losses? Nope. They gamble whenever and wherever they want, they don't compromise.

[AmoreJaz]

Well people who want to bet will do whatever it takes to scratch that itch in their brains, and this is specifically the reason why I advocate against gambling for profit. Pretty sure this person is initially a gambler who lost all his money and is trying to do something he thinks is completely logical to recuperate his losses. Or he's someone who wanted to gamble to gain profits to begin with, with the prospect of betting his bike as some sort of wager as if that's something that could work.

See the lengths that people would go through just to gamble? Isn't that outright stupid? Now check out those who gamble for nothing but the fun of it. Do you see them taking such desperate measures just to recuperate losses? Nope. They gamble whenever and wherever they want, they don't compromise.

Those gamblers who stake their personal possessions are thinking that they will win the bet but unfortunately, the opposite happens. And learning such loss, they know their personal things are about to get possessed by others. They will try to negotiate not to get their things but what has been initially agreed should be respected. And the gambler usually can't accept such turn of events.

[Dewi Aries]

Well people who want to bet will do whatever it takes to scratch that itch in their brains, and this is specifically the reason why I advocate against gambling for profit. Pretty sure this person is initially a gambler who lost all his money and is trying to do something he thinks is completely logical to recuperate his losses. Or he's someone who wanted to gamble to gain profits to begin with, with the prospect of betting his bike as some sort of wager as if that's something that could work.

See the lengths that people would go through just to gamble? Isn't that outright stupid? Now check out those who gamble for nothing but the fun of it. Do you see them taking such desperate measures just to recuperate losses? Nope. They gamble whenever and wherever they want, they don't compromise.

Those gamblers who stake their personal possessions are thinking that they will win the bet but unfortunately, the opposite happens. And learning such loss, they know their personal things are about to get possessed by others. They will try to negotiate not to get their things but what has been initially agreed should be respected. And the gambler usually can't accept such turn of events.

Yes, and maybe I would say that betting on property like some of those items is a very good method or approach to gambling to get themselves trapped in a much worse situation. Justifying all means such as betting everything especially making their property as collateral is a very stupid decision, because in the end, yes, as you said, gamblers like that will only experience very significant regret when they see that the results are far from expectations.

Therefore, this is why from the beginning we must really be able to assess gambling from various sides, especially from the positive and negative sides, understand correctly and instill in our minds that victory is nothing more than a chance or nothing more than a "possibility" which is still gray, in the sense that it is not certain that something you hope for will happen, don't let us be that stupid.

[AVE5]

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.

Usually what makes gamblers stake their properties on gambling are as results of not being able to provide funds to stake on or before undergoing on the risks. It's solemnly deep to their instincts that the game is an assured winning game and by then, they're intentionally ignorant that there's no assured games in gambling even while they've formally been aware of the winning and loosing percentages of the gamble and then gets regret when the bet gets lost.

[alegotardo]

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.

Very well... I really want to believe that they did this to wish this person addicted to gambling well, because from what you reported here, she would certainly sell the bike and other things in the future if she realized that it worked the first time. time.

However, what I really believe happened here is that the bookmaker did not want to take the risk of accepting a material good, as imagine with me....
If for some reason the person themselves or even a relative accuses the bookmaker of accepting that person's only means of transportation for use in gambling, what would happen?
I believe they would need to return the motorcycle and still face moral compensation.

Anyway, thankfully everything worked out in the end, but I believe he will try to sell his motorcycle to someone else or even to a loan shark in order to continue maintaining his gambling addiction.