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

[Mahanton]

Lending service without a collateral? No way. The casino will basically lend you money, you will gamble and lose them(which means that the casino owner is basically paying himself with his own money) , and there's no way for the casino to force you to pay back that money.
Casinos offering a lending service with collaterals might be facing problems with the regulators. I've never seen a casino offering such service.
Some casino might offer demo accounts, where the gamblers could bet fictional money, but this has nothing to do with your idea.

This is one of the best point in my eyes in this whole thread like even if the Casino gives the non-collateral loan they will be something pre-plan like most of them the gambler will lose their fund and what you said that will the end after casino have nothing to loss.
In the mean time they will have some promotion i.e. marketing that they give non-collateral loan although I have doubt that how many the normal gambler will take those loan in my opinion who will take loan most of them would be only addicted gambler.

Probably the one that you read. If you go to the first page of this thread, you will see people that have posted about it. Also same in the second page. Although if a casino will do something like this, it will be like those lending services and may not be at loss. But this is not right at all as they are encouraging gamblers to get more addicted.

Their primary target is to have that tons of gamblers and possibly to get addicted into their platforms on which this simply means that it is really that a more revenue for them because we do know that gamblers will really be impulsively playing out on the moment or time that they do feel out that greed or having that chasing up loses kind of condition on where people do usually be ending up not to think off well and if they have seen that they do have some chance to take up some loan then they will definitely be doing it. Its true that the casino have nothing to lose on this case because they can give out some loan into a certain user and if the amount have lost completely then they are still the ones who do get it and as long those funds wont be taken out or withdrawn (which this is usually the case) then there's no risks on their side and they do have that advantage since they can already as for repaying up the loan just in case if the gambler will really be that still going back to deposit into the platform but if the user wont be going back and leave the platform then there's nothing to lose on their part. So there's no sense on asking out some collateral or similar to this but well this will be according up into their terms on which they are really the ones who will really be making out such rules on which gamlers will really be just that following.

[Strongkored]

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.

Never found such a service in online casinos while in offline casinos do not know because they have not played or visited them.
If there were, there would definitely be rules such as member levels or collateral because without collateral it would only make it difficult for the casino to get a return from players who if they are not successful in getting a lot of money will leave the casino without having to lose anything.
Services like this are very dangerous in my opinion for casinos they can go bankrupt because many loans are in default.

[fruktik]

I haven't found one until today that has this kind of service, especially without collateral, we often see it in physical casinos but not necessarily in online casinos because it is more risky, loan sharks can intimidate and go to their customers' homes but in online casinos it is very difficult to do this, there are more risks than the loan sharks.

Even if it exists I think it will have the same fate as some defi, you have to have collateral to borrow money.

And how they will intimidate a person if he does not give back the money he took as a loan from the casino. From that moment on, a truly horrible life will begin. I personally saw with my own eyes how collectors beat money out of people. In my house, they even poured paint on the door and wrote obscene words. This is the simplest thing such people can do.

I myself took out a loan from a bank many years ago precisely to play in a casino. Believe me, after that my life turned into a real nightmare. Why did I do that? I had to go through so much that I remember that time with horror. You should only play with money that will not become a burden.

[Julien_Olynpic]

This is an interesting question, but online loans for gaming sites are always a risk of non-repayment of funds. Such risks can be neutralized by collateral or a guarantee, but online guarantor does not work well, and collateral implies that you still have funds. If we are talking, for example, about cryptocurrency and you have a token that is not accepted by the casino, then you can pledge it on DeFi platforms. And against the security of your altcoin, get, for example, USDT. In fact, this does not make much sense, since it is often easier to exchange one asset for another. Perhaps this problem would be solved if the casino came up with some form of derivative. But usually casinos work according to proven schemes.

[Rockstarguy]

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.

Having a loan feature on an online casino is a big risk for the platform, most especially crypto casinos. The reason is that when the lender defaults on the loan, there is no way to trace them, so casinos don't consider such services to be profitable and at. that their look away from loan offerings.

Regardless of the interest amount, borrowing gambler's money is a big red flag and should be avoided by a casinos in fact a Casinos that engages in such a venture will pack up within one year of operation because of a lack of debt servicing.

So have been thinking if online casino decides to give gambler loan to continue with their if some gambler will be willing to pay back their loan. I think it won't be a good business development for online casino if their is a feature whereby a loan can be taken and doing that it can affect the casino which can even lead to shutdown the casino. I believe their is no need for online casino to have features like this because there won't be way which they can be able to recover their money back . Though I don't really know how the online casino they manage to run their loan feature but I'm very sure it will be very easy for them to get back loan taken by their customers.

[EarnOnVictor]

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.

This is an interesting discussion and it will not be long before the eyes of more casinos/sportsbooks are opened to this as a means to make more money. But this will also cause more pain for people because it will be double trouble for the addicts, except the bookies ensure the disbursement of the loans based on some strict/proper criteria that differentiate the excessive depositors and wagerers from the responsible ones.

As for your enquiry, yes, they exist, at least in the US and Canada. The interest rate may not be like the loan sharks too.

1. In the US: https://sportshandle.com/edge-boost-sportsbooks-visa-industry/

2. In Canada.

[Adbitco]

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.

If we talks about this with online casino well I will say I never came across it maybe, it could be that I am not that down looking out for the lending parts. Though few times I visited physical casino there were this part for their regular gamblers. But then, to me this seems to be a deadly part as it could boost addiction to the next level with all possibilities, because an addicted gambler wouldn't know how the control themselves if they lose but would immediately go to the lending section to go take a loan to continue their gambling to increase debt on their accounts. But am sure, before this happens there should be a means of collateral which if the gambler doesn't payback they would easily sold the items kept as collateral to replace their borrowed amount.

[mammusu]

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.

Never found such a service in online casinos while in offline casinos do not know because they have not played or visited them.
If there were, there would definitely be rules such as member levels or collateral because without collateral it would only make it difficult for the casino to get a return from players who if they are not successful in getting a lot of money will leave the casino without having to lose anything.
Services like this are very dangerous in my opinion for casinos they can go bankrupt because many loans are in default.

In offline casinos, many moneylenders do give us loans, both before playing and after we play without any collateral, but the risk that we bear if we cannot repay the loan is actually terrible, many of the gamblers who borrow money from moneylenders are often forced to pay and even the amount of interest charged on borrowers is actually very large, Those who do not pay are often subjected to violence and confiscation of their assets by loan sharks, so far online casinos do not provide money lending services due to strict regulations and risks, but regardless borrowing money to gamble can be very risky and can lead to serious financial problems for us.

[nullama]

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 would say there's very small probabilities of having a country that would allow such a thing.

The conflict of interest is just massive.

Also, gambling with borrowed money is simply incredibly risky, like, unbelievably risky.

Most countries require financial institutions to have a financial license, which is not given lightly. Also casinos, and they are different licenses.

[traderethereum]

I never heard about this service or feature although that may available on some casinos. But I never think to take a loan from any party even from casino because that can makes me in trouble. I prefer to allocates some cash to playing gambling so I don't have to take a loan and can stop gambling when the funds is almost gone.

But if you want to take a loan from any party, that means you have addicted to gambling even if that is a little addicted so you need to be careful. Besides that, if you take a loan from casino or other parties, you need to think about the interest rates since that can be too high than others.

[Mr. Magkaisa]

Lending service without a collateral? No way. The casino will basically lend you money, you will gamble and lose them(which means that the casino owner is basically paying himself with his own money) , and there's no way for the casino to force you to pay back that money.
Casinos offering a lending service with collaterals might be facing problems with the regulators. I've never seen a casino offering such service.
Some casino might offer demo accounts, where the gamblers could bet fictional money, but this has nothing to do with your idea.

This is one of the best point in my eyes in this whole thread like even if the Casino gives the non-collateral loan they will be something pre-plan like most of them the gambler will lose their fund and what you said that will the end after casino have nothing to loss.
In the mean time they will have some promotion i.e. marketing that they give non-collateral loan although I have doubt that how many the normal gambler will take those loan in my opinion who will take loan most of them would be only addicted gambler.

Probably the one that you read. If you go to the first page of this thread, you will see people that have posted about it. Also same in the second page. Although if a casino will do something like this, it will be like those lending services and may not be at loss. But this is not right at all as they are encouraging gamblers to get more addicted.

Their primary target is to have that tons of gamblers and possibly to get addicted into their platforms on which this simply means that it is really that a more revenue for them because we do know that gamblers will really be impulsively playing out on the moment or time that they do feel out that greed or having that chasing up loses kind of condition on where people do usually be ending up not to think off well and if they have seen that they do have some chance to take up some loan then they will definitely be doing it. Its true that the casino have nothing to lose on this case because they can give out some loan into a certain user and if the amount have lost completely then they are still the ones who do get it and as long those funds wont be taken out or withdrawn (which this is usually the case) then there's no risks on their side and they do have that advantage since they can already as for repaying up the loan just in case if the gambler will really be that still going back to deposit into the platform but if the user wont be going back and leave the platform then there's nothing to lose on their part. So there's no sense on asking out some collateral or similar to this but well this will be according up into their terms on which they are really the ones who will really be making out such rules on which gamlers will really be just that following.

      -      We know that if there are tons of gamblers that means they also have tons of profit to be made from these players. because if no one plays, the casino platform owner also has no profit. That's why others are doing all the marketing strategies and one of them is the free spins and bonuses for first timers who sign up.

Now on lending, it seems like what others are saying here, I don't know of any online casinos that do this, because it seems like the casino gambling platform
is also manageable for them to do this.

[Ishicryptic]

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 wonder why a casino will have a lending service for gamblers, it will lead to encouraging addiction among the gambler borrowers because I presume that the loan will be to continue gambling. So ethically it should not happen, unless the gamblers can withdraw the loan money without using it to gamble. Taking a loan to gamble should be totally discouraged, not to mention collecting the loan from a casino to use and gamble, it will be a double lose if the gambler will lose all the money in the same casino. Some things are not meant to happen and it includes loan and gambling, they shouldn't have any connections.

[dansus021]

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.

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

Well in that case i do believe there is no casino gonna offer such a loan service inside their sites. It is because offline casino different with the online casino. In offline casino you meet the person and offer them a loan but in online you dont meet the person and that person could be anywhere in this earth and can run away with that loan money. Right?

[BABY SHOES]

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.

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

Well in that case i do believe there is no casino gonna offer such a loan service inside their sites. It is because offline casino different with the online casino. In offline casino you meet the person and offer them a loan but in online you dont meet the person and that person could be anywhere in this earth and can run away with that loan money. Right?

No online casino has a loan service.
At least that's what I know until now there is no this feature.

If casino users borrow, then what collateral do they provide? While we know... if there is no collateral then there will be no borrowing.

But I don't know if there are loan sharks in physical casinos that offer high interest rates.

[bangjoe]

I never heard about this service or feature although that may available on some casinos. But I never think to take a loan from any party even from casino because that can makes me in trouble. I prefer to allocates some cash to playing gambling so I don't have to take a loan and can stop gambling when the funds is almost gone.

But if you want to take a loan from any party, that means you have addicted to gambling even if that is a little addicted so you need to be careful. Besides that, if you take a loan from casino or other parties, you need to think about the interest rates since that can be too high than others.

You've never heard of it because we haven't invented it until today and there may not even be such a service in casinos, and it's true that the risk is very large for loans because there are often many gamblers who are impulsive in their gambling therefore if a loan is provided, it is likely that there will be many defaults by gamblers, most of them would rather lose their accounts and their names because they cannot pay.

This is also the case with online loans today as study data, a lot of people default on their debts and that can be the reason casinos will have problems if they have lending services, especially without collateral.

Secondly, problems will occur with the gamblers themselves when gambling using borrowed funds is foolish.

[Cryptoprincess101]

it would be interesting to see if online casinos offer a way to borrow money to chase losses.

There is nothing interesting if online casinos offer loan to their customers to continue gambling because if they make such service available, it will not end well. Some gamblers may borrow and play and lose all then decide to discard their account without funding it again and they can even abandon that particular casino and register with other casino sites, so if any online casino offers such service, it will be to their own disadvantage. Another thing is that it will lead to gamblers getting more into addiction and losing more money because let us consider for instance, a gambler has already funded their account with a certain amount to gamble with such that if it gets exhausted, they won't gamble again but due to the fact that they have the privilege to borrow from the casino and continue gambling, they will borrow and end up losing which will lead to debts. It is better in physical betting shops because they can give such privilege to people they know are their big gamblers or they give it to anyone that has a valid collateral in case they are unable to repay back.

[Smartprofit]

How can the option of player credit be implemented in practice in an online casino? Theoretically, it could be a loan from a bank (i.e. a loan issued by a commercial credit organization).

To do this, the player needs to be redirected to the website of a commercial bank, where he will enter into a loan agreement with the bank. In this case, the bank will redirect the funds to the deposit of the online casino. Theoretically, such a scheme seems possible, but in practice, there are a lot of difficulties.

In most countries, banking is a licensed activity. Banks are under strict regulatory control and most likely will not risk their license to implement such a dubious financial scheme.

[Akbarkoe]

I haven't found one until today that has this kind of service, especially without collateral, we often see it in physical casinos but not necessarily in online casinos because it is more risky, loan sharks can intimidate and go to their customers' homes but in online casinos it is very difficult to do this, there are more risks than the loan sharks.

Even if it exists I think it will have the same fate as some defi, you have to have collateral to borrow money.

And how they will intimidate a person if he does not give back the money he took as a loan from the casino. From that moment on, a truly horrible life will begin. I personally saw with my own eyes how collectors beat money out of people. In my house, they even poured paint on the door and wrote obscene words. This is the simplest thing such people can do.

I myself took out a loan from a bank many years ago precisely to play in a casino. Believe me, after that my life turned into a real nightmare. Why did I do that? I had to go through so much that I remember that time with horror. You should only play with money that will not become a burden.

So lending services in casinos is a bad thing, it's the same as trapping gamblers into debt, we realize that many gamblers can't afford to gamble responsibly and I want to say that if there are casinos that do that they are using a trap to swallow more customers and ensnare them in debt, it's a very vile thing.

And yes I've heard that my neighbor even sold his limbs to pay gambling debts, it's a real parasite in life, services like this for gamblers shouldn't exist.

[Hispo]

How can the option of player credit be implemented in practice in an online casino? Theoretically, it could be a loan from a bank (i.e. a loan issued by a commercial credit organization).

To do this, the player needs to be redirected to the website of a commercial bank, where he will enter into a loan agreement with the bank. In this case, the bank will redirect the funds to the deposit of the online casino. Theoretically, such a scheme seems possible, but in practice, there are a lot of difficulties.

In most countries, banking is a licensed activity. Banks are under strict regulatory control and most likely will not risk their license to implement such a dubious financial scheme.

It actually happens already and it is not so complicate as you believe it is, to be honest. Most people in countries with a minimum of presence of banking institution already have access to credit cards and loans which are given with little to none check of the person ability to pay back, it is mostly based on a system of credit score, the higher the score, more money you can ask to the bank/use your credit card immediately.
So what gamblers do is to ask for a loan using their credit card and immediately use that money to buy crypto-currency and deposit all of it into a casino, the casino itself is not part of the loan scheme but they still benefit from it directly.
Since this system already exist and allows gamblers (most of them problem gamblers) to have access to extra money, then casino do not need to do anything more for them to earn more money, just to invest more in advertisement and events to bring more people onto their websites...

[Jaycoinz]

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.

Never found such a service in online casinos while in offline casinos do not know because they have not played or visited them.
If there were, there would definitely be rules such as member levels or collateral because without collateral it would only make it difficult for the casino to get a return from players who if they are not successful in getting a lot of money will leave the casino without having to lose anything.
Services like this are very dangerous in my opinion for casinos they can go bankrupt because many loans are in default.

I believe even if such service would be possible for an casino, I think it would be for special gamblers like for example well known celebrity gamblers like for example  celebrity gamblers like drake which I presume would have a legit account on stake cause he has posted few times about his bet with the casino, I believe gamblers with high profile stakes like him can be made to have an exception when it comes to loan.