is there any online casinos that has a lending service inside?

[YOSHIE]

is there any online casinos that has a lending service inside?

We understand that physical casinos and online casinos are two gambling places that are very different, it's normal for physical casinos to have loan sharks where they can borrow money, no one dares to have an online casino owner who dares to borrow, the borrowing situation is different physically from online, besides I have never seen an online casino that borrows money.

In many countries online casinos are illegal, so no one dares to lend money to players at greater risk, even though the casino guarantees them through KYC, of ​​course the casino does not trust KYC 100% of users, We can see from existing cases regarding KYC that does not pass violating online casino regulations.

[Russlenat]

besides I have never seen an online casino that borrows money.

Same here. That's why I'm looking to see if there are casinos that offer this, as it has piqued my interest. It could help gamblers who have already lost their capital but still have the urge to gamble, presenting a business opportunity for casinos.

In many countries online casinos are illegal, so no one dares to lend money to players at greater risk, even though the casino guarantees them through KYC, of ​​course the casino does not trust KYC 100% of users, We can see from existing cases regarding KYC that does not pass violating online casino regulations.

I'm talking about legal casinos here because if we discuss illegal ones, the conversation would only focus on whether they should operate and the risks involved in running a casino illegally.

[aioc]

besides I have never seen an online casino that borrows money.

Same here. That's why I'm looking to see if there are casinos that offer this, as it has piqued my interest. It could help gamblers who have already lost their capital but still have the urge to gamble, presenting a business opportunity for casinos.

If one popular casino has it, better include it in your main thread. I've been into a lot of casino announcements and checking the signature campaign, but there was never a casino that included it in their announcement. If there is one, I'm sure its going to be a big attraction among gamblers.
Gamblers want continuity, especially if they feel that luck is on their side and short of funds to continue.

[Raflesia]

I was wondering if there are online casinos that offer this kind of feature. In physical casinos, you often see loan sharks waiting for regular gamblers to borrow money at high interest rates. Since the urge to gamble is similar whether online or in physical casinos, it would be interesting to see if online casinos offer a way to borrow money to chase losses.

During my time gambling I have never found an online casino that provides something like this, maybe this still makes sense with a physical casino but with an online casino I think it is impossible for a casino to provide this, because there is no guarantee when a player borrows a certain amount of funds.

except outside of gambling, because there are many cases of people who do online gambling and they have debts because they take loans outside of gambling, such as in my environment there are quite a lot of people who take loans online on money lending applications that do exist in my country even though there are also many people who take loans from people around them to satisfy their desire to gamble where they want to pursue victory. For online casinos I have never found it and I don't think there will be either.

[rodskee]

During my time gambling I have never found an online casino that provides something like this, maybe this still makes sense with a physical casino but with an online casino I think it is impossible for a casino to provide this, because there is no guarantee when a player borrows a certain amount of funds.

i also do not know any physical casino that will lend you some money

i don’t even think they take credit cards and most credit cards services do not permit using their services for gambling purposes either no matter the method, borrowing money to gamble seems like to me is just digging your own grave you are not even sure if you can pay back that debt and you are going to spend your money to gamble?

if you can’t afford to gamble then don’t only gamble when you have the money

[Botnake]

i also do not know any physical casino that will lend you some money

Have you ever been to a popular physical casino? If not, that's understandable. However, regulars there know that it's possible to take out a loan, though it's not available for everyone. Loan sharks typically lend only to gamblers they believe can repay, and some lenders even require borrowers to use their car as collateral. This is because a car is the easiest asset to secure when a gambler goes to a casino and might leave if they lose.

[bakasabo]

What is BetFury crypto loans? I guess that is what OP is searching for. I have never used that, so I cant give more than just a link. But since casino is popular here and reputed, their loans should be fair. However, I would think several times before taking a loan for such thing as gambling. Try searching gambling section for topics about loans and gambling, and only then take a decision to take a loan.

[retreat]

I was wondering if there are online casinos that offer this kind of feature. In physical casinos, you often see loan sharks waiting for regular gamblers to borrow money at high interest rates. Since the urge to gamble is similar whether online or in physical casinos, it would be interesting to see if online casinos offer a way to borrow money to chase losses.

I don't know about other casino platforms, but I know Rollbit has a lending feature where one can get cash quickly by lending their NFTs. Perhaps their lending system is a little different compared to what is offered in physical casinos, where you can pawn your identity or belongings to a loan shark, whereas in Rollbit you need to lend NFTs (which have value) and then you can get a loan instantly - but that's to be expected because what casino would dare to lend money to users without collateral worth what they are borrowing. 

[D ltr]

There should be, but it's not as familiar as offline gambling loan sharks, but for gambling platforms that provide loans, I also think it will be difficult to do, where one loan will not be completed in one night, and if it exists, this will make gamblers even more addicted where when they don't have money they can apply for a loan on the gambling platform

[Jawhead999]

I don't think there's a casino willing to give loan without collateral, the risk is too high.

Even the gambler have submitted the personal identity, if they only scam $1K, most likely the casino will let them away because the cost to catch the scammer is higher than the amount they scam.

What is BetFury crypto loans? I guess that is what OP is searching for. I have never used that, so I cant give more than just a link. But since casino is popular here and reputed, their loans should be fair. However, I would think several times before taking a loan for such thing as gambling. Try searching gambling section for topics about loans and gambling, and only then take a decision to take a loan.

Although technically they offer loans, but it's different.

What @OP asking is a gambler take a loan without collateral, while the loan offered by Betfury require you to provide collateral with the value higher than what you borrow. So, if you take a loan on Betfury, it doesn't increase your money.

[Dr.Bitcoin_Strange]

While there could actually exist some casinos that would have that kind of service, I have not seen anyone that does that and amongst all the casinos being promoted on this forum, non is practising this service. I have only saw this kind of practice in some land based casino in my country but I know that there's high risk of taking loan to gamble. If casinos start to practice this service, what if a player doesn't pay back and doesn't still win their bet?

[junder]

I don't think there are any online casinos that provide loan services for their players, even if there are, it makes it easier for everyone to become addicted, right?
Now the reality is that those who gamble with limits can easily become addicted if something like this really exists. Especially for those who do have the wrong mindset in responding to gambling, even though there is no such thing, they will clearly be addicted and if there is something like this, addiction is the most important thing that will happen, and I think many people will take out loans.
Maybe this can benefit the casino itself, but I can't think of how the casino benefits from this method. Is it possible with KYC where when the player cannot pay his loan, the casino will approach the person who has the debt?

[Rabata]

I don't think there are any online casinos that provide loan services for their players, even if there are, it makes it easier for everyone to become addicted, right?
Now the reality is that those who gamble with limits can easily become addicted if something like this really exists. Especially for those who do have the wrong mindset in responding to gambling, even though there is no such thing, they will clearly be addicted and if there is something like this, addiction is the most important thing that will happen, and I think many people will take out loans.
Maybe this can benefit the casino itself, but I can't think of how the casino benefits from this method. Is it possible with KYC where when the player cannot pay his loan, the casino will approach the person who has the debt?

I have not seen any online casino whose platform has introduced a loan service. If gamblers get such an opportunity, they will definitely want to accept it, but this service is never possible to provide. If such a service existed, I would say that the chances of a gambler becoming addicted would increase. Because they would play with money and would lean towards more loans to repay that money. Those who cannot control themselves will never be able to manage gambling properly with loan services. And if gambling services provide loans, then if gamblers fail to repay that loan, then must think about how the gambling platform will collect the money from that loan.

[alani123]

Online casinos have a line of separation from your physical identity.
And in most countries you can't be persecuted for a small loan. So these services are a no no. Especially given that in many countries gambling is banned for religious reasons, and in some even loans are banned for ethical reasons. So if this is true with loan sharks in casinos, it's definitely not s practice common around the world.

I would say if you want to lend something with crypto, go to s defi lending platform s d forget getting anything from a casino. At least in defi if you have collateral you will get something.

[bitbollo]

Most of the times they would have also other licenses... I have just seen only rollbit providing such kind of loans using nft as collateral.
But I don't if this is still active since the market of most of these items has collapsed. If this is not offered by well known platforms I don't think there are chances of great conditions.

There are many of lending platforms/DeFi that are already offering a great service with low fees. I will just use them...

[DaNNy001]

No, If you are regular user.

Yes, If you celebrity who have net-worth of your self (basically, credits or trust fund). Do, online casino can do the credit line ? yes, just search TOGI he borrowed some money from casino especially Roobets.

But, If you just regulars user. Don't hope.....

Wow that's crazy man, I mean for the casino to have even had the mind to lend him money shows that he is highly regarded because since my time here in the crypto space I haven't heard of such that someone can actually get loans from online gambling website because this kind of loan offers only happens on physical casino of which my self have been given such in a local physical casino I normally visit to play or pass time. In my case the only reason they even offered me loan was because the management of the casino is actually a good friend of mine.

[Mia Chloe]

I was wondering if there are online casinos that offer this kind of feature. In physical casinos, you often see loan sharks waiting for regular gamblers to borrow money at high interest rates. Since the urge to gamble is similar whether online or in physical casinos, it would be interesting to see if online casinos offer a way to borrow money to chase losses.

Yeah you do have a point however I really haven't come across any casino that offers that kind of service. I have a couple of speculations though as to possibly why it's like that. One is probably because most online casinos offer their services via crypto mostly which is nice since they can pack a bigger audience and from that, crypto can be volatile and that may mean rates may be dynamic.
Another possible thing is because of the no KYC feature most times because there is no collateral to be put down in such cases.

[Cantsay]

For casinos I have never seen this type of service before and if any one should start it they’ll probably require that the bettor put down some collateral in other to access the loan.  

For exchanges like Bybit I have seen them give out loan but you must have a collateral and if a casino should think of doing it then a means of them receiving collateral from the user should be created - I know that some might be thinking “they can just create the service for those with vip rank” but trust me even those VIP rank holders won’t think twice before they abandon their account if the loan they borrowed from the casino has become something that they can’t afford to pay back.

[|MINER|]

I was wondering if there are online casinos that offer this kind of feature. In physical casinos, you often see loan sharks waiting for regular gamblers to borrow money at high interest rates. Since the urge to gamble is similar whether online or in physical casinos, it would be interesting to see if online casinos offer a way to borrow money to chase losses.

To be honest I am also hearing this kind of lending service especially on the online casino site for the first time and I also don't prefer to have this in online Casino specially if they respect the responsible gambling.

And besides, I don't think any gambling site would ever provide this kind of service for free without any conditions. Maybe they have to buy a certain subscription or have to be in a certain rank to receive this service. Of course, they won't try to ruin their casino by lending to everyone. And besides, I think those who lend money for gambling must be addicted gamblers, and lending money to addicted gamblers to gamble is nothing more than harming them.

[topbitcoin]

I was wondering if there are online casinos that offer this kind of feature. In physical casinos, you often see loan sharks waiting for regular gamblers to borrow money at high interest rates. Since the urge to gamble is similar whether online or in physical casinos, it would be interesting to see if online casinos offer a way to borrow money to chase losses.

As long as I play on several online sites until now I have not found this and maybe something like this will never exist for some online sites especially with those who still do not emphasize KYC in it.

A strong reason is when it is difficult to collect loans in this case especially seeing from the current situation when KYC is enforced and can still be tricked with other people's photos is also a situation that is another consideration for features like this never being held.
Because it would not be very funny when for example I am in my country in Indonesia and play a site based in another country trying to borrow and not returning or running away from the site without caring about the account that is already owned there it can actually make the site lose so I do not feel that this feature will be available for online sites.