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

[ethereumhunter]

True, lending service is mostly run in locals, even they have online version, it just the way to get loan via online application, but the company are built in the same country where they offer the service.

It's inconvenience to run a global lending service due to difficult to manage and different culture/laws.

Although there are many borrowers who can't repay the loan on time, but the jobs vacancy for debt collectors are keep rising, so it will force the borrowers to pay off the debt.

Yes, that is the reason why we may difficult to see an online lending services. But if I am not mistaken, I already saw an online application about lending service but I don't check too much because I don't need that.

If the lending company want to run a global lending service, they must thinks about having a branch office in many countries and that can cost a lot of money. Besides that, they must adapt with the current law in that country and make an agreement with the authority.

Many things needs to be prepare and they don't want to bother to do that because with their local lending businesses, they can get many customers that will borrow the money from them.

[LUCKMCFLY]

We don't know which casino lending money but the third party may search for the target in the casino and ask if they need money to continue gambling. Gamblers will take the offers especially for those who want to keep playing gambling because they want to recovers their lost money. We will not know about their transaction because they will not tell other people in the casino. But when they can not pay the money, the lender will search for people who have relation to the borrower and will visit on the borrower house to ask for the money. So that is why we don't have to borrow money just for playing gambling.

In my personal opinion, if someone is looking to lend money to gamble in a casino, it is the worst decision anyone can make They should settle for going to a casino and if they can, they should stay put, assume they have already lost and go another day where they have money willing to lose. Lending money to gamble makes no sense. Lending money for a medical emergency or anything else that involves saving a life is something that can be applied and has all its good arguments, but borrowing for fun is not very smart.

[ethereumhunter]

In my personal opinion, if someone is looking to lend money to gamble in a casino, it is the worst decision anyone can make They should settle for going to a casino and if they can, they should stay put, assume they have already lost and go another day where they have money willing to lose. Lending money to gamble makes no sense. Lending money for a medical emergency or anything else that involves saving a life is something that can be applied and has all its good arguments, but borrowing for fun is not very smart.

The point is it is not worth to borrow money for playing gambling especially if we already knew what happen to those people who borrow money. They can not calm down themselves because the lender will chase them until they can repay the money. They must think how they will pay the money if they don't have money and rely on gambling to make money. That will be difficult for them because those lender will still ask them for the money and maybe those lender can also do a bad things to them. We never know what will happen to us if we borrow money to the lender that can be in inside the casino or in around of the casino.

[Lanatsa]

In my personal opinion, if someone is looking to lend money to gamble in a casino, it is the worst decision anyone can make They should settle for going to a casino and if they can, they should stay put, assume they have already lost and go another day where they have money willing to lose. Lending money to gamble makes no sense. Lending money for a medical emergency or anything else that involves saving a life is something that can be applied and has all its good arguments, but borrowing for fun is not very smart.

The point is it is not worth to borrow money for playing gambling especially if we already knew what happen to those people who borrow money. They can not calm down themselves because the lender will chase them until they can repay the money. They must think how they will pay the money if they don't have money and rely on gambling to make money. That will be difficult for them because those lender will still ask them for the money and maybe those lender can also do a bad things to them. We never know what will happen to us if we borrow money to the lender that can be in inside the casino or in around of the casino.

Its never been worth and it would never be, and it will really be just that too risky on taking up such action on which at the moment that you are dealing up with gambling and then taking up some loans just because you are really that trying to breakeven your loses or trying out to win up more because you do really believe its near. It doesnt have no sense that you do make use of the amount that you cant afford to lose and making up these kind of actions. Doesnt matter whether you are dealing with online or offline casinos on which its never been that ideal to take up some loan after you had exhausted up your overall bankroll. Always set up limits if ever you do have that only money to be spend in gambling then you should be sticking into that.

Reading up on some comments that there are actually platforms that do offers lending service internally on which this is indeed my first time hearing it out but just like into those comments been saying that they are actually making possible more money with that due to the interest. There's no risks on their side because they are really that having still the money that they could have because gamblers will eventually be losing it on the end. Therefore, if ever this one is that available into the platform you are playing then its not ideal for you to get up some loans just because you do want to play up even more. Also, platforms would be taking up some serious verification and requirements before you can be able to get one. I dont know on whats their set up with this into those gamblers who doesnt have plans on repaying it up, not unless if there will be some collateral.

[EarnOnVictor]

We don't know which casino lending money but the third party may search for the target in the casino and ask if they need money to continue gambling. Gamblers will take the offers especially for those who want to keep playing gambling because they want to recovers their lost money. We will not know about their transaction because they will not tell other people in the casino. But when they can not pay the money, the lender will search for people who have relation to the borrower and will visit on the borrower house to ask for the money. So that is why we don't have to borrow money just for playing gambling.

In my personal opinion, if someone is looking to lend money to gamble in a casino, it is the worst decision anyone can make They should settle for going to a casino and if they can, they should stay put, assume they have already lost and go another day where they have money willing to lose. Lending money to gamble makes no sense. Lending money for a medical emergency or anything else that involves saving a life is something that can be applied and has all its good arguments, but borrowing for fun is not very smart.

I'm with you on this. It's just off to believe that you can borrow money to gamble, which can only show desperation and addiction and I have not seen a gambler having the combination of the two issues that was successful. Ruin and frustration have always been the result of this and that must have been the main reason why casinos do not offer such services within their platforms. They might think that they are leveraging the problem of gamblers to inflict more pain on them if they allow such services. Regulators may not allow it too, for it is more evil in the moral sense.

[ethereumhunter]

Its never been worth and it would never be, and it will really be just that too risky on taking up such action on which at the moment that you are dealing up with gambling and then taking up some loans just because you are really that trying to breakeven your loses or trying out to win up more because you do really believe its near. It doesnt have no sense that you do make use of the amount that you cant afford to lose and making up these kind of actions. Doesnt matter whether you are dealing with online or offline casinos on which its never been that ideal to take up some loan after you had exhausted up your overall bankroll. Always set up limits if ever you do have that only money to be spend in gambling then you should be sticking into that.

Reading up on some comments that there are actually platforms that do offers lending service internally on which this is indeed my first time hearing it out but just like into those comments been saying that they are actually making possible more money with that due to the interest. There's no risks on their side because they are really that having still the money that they could have because gamblers will eventually be losing it on the end. Therefore, if ever this one is that available into the platform you are playing then its not ideal for you to get up some loans just because you do want to play up even more. Also, platforms would be taking up some serious verification and requirements before you can be able to get one. I dont know on whats their set up with this into those gamblers who doesnt have plans on repaying it up, not unless if there will be some collateral.

Yes, it is never worth to do that things because as long as we can take care of ourselves, we will not have to lose all of our money but we will limits the lost not to becomes big. We will listen to ourselves to always carefully when spending the money in gambling. We don't want to lose too big so we will not break our rules. It is better to spends some enough money that we can afford to lose than seeing our losses become bigger because that can gives more problem especially if we borrow money from the third parties.

If I am not mistaken, I already see some sites gives this feature to their members but I wonder how they can handle their members that can not repay the money. Maybe their members must doing complete KYC so when their members can not pay the money, they can send someone to ask the money or makes them pay that.

[EarnOnVictor]

All I can conclude is that you didn't think this through, if casinos could sincerely stop a gambler from gambling for a while due to his gambling habits, they can suspect an addict. The reason why they turn blind eyes in most cases is for them to make more money, even their AIs can easily point out to addicts. Addicts may be easily detected through their frequent deposits, high wagering and regular losses and how they repeat the process again and again with a clear iota of desperation. They will surely avoid such a fella and disburse the loan to better-behaved gamblers, and of course, a traceable or certified financial report must back it up even if the loan is not collateralized.

Now that you mention it, it's very logical and I didn't think about it before, but I didn't think about it before because for me AI is not intelligence, it's a set of algorithms that search the Internet for very filtered information and according to that they give answers to questions and requests, but for me it's not intelligence because it doesn't think, for me all intelligence that I've reviewed only gives very general answers, there's a long way to go for it to be intelligence itself, but I imagine that there are many detector programs to keep those records that you talk about and that can determine if they are Addicted.

You are making mistakes here. AI is "Artificial Intelligence," so saying what is labelled intelligent is not intelligent despite performing intelligent tasks is what I do not understand in your claim. AI will always be intelligent and it's helping in gambling and beyond. It relieves businesses of high costs and does its tasks better and faster.

Perhaps you don't understand the work of AI and mistook it for a mere search engine AI task. Then you are wrong. AI can do virtually anything for you if you are using the right one coded for the purpose.

[noormcs5]

In my personal opinion, if someone is looking to lend money to gamble in a casino, it is the worst decision anyone can make They should settle for going to a casino and if they can, they should stay put, assume they have already lost and go another day where they have money willing to lose. Lending money to gamble makes no sense. Lending money for a medical emergency or anything else that involves saving a life is something that can be applied and has all its good arguments, but borrowing for fun is not very smart.

Well, you are 100% right in your opinion but i also would say that if any casino is lending money, they are also not doing a good thing because they are encouraging gamblers to take the loan and gamble. As of now, I do not know if there is any gambling site which offers loans but if anyone does, they shouldn't complain once the gamblers take the loan, lose that money in gambling and then are unable to return the loan

[Don Pedro Dinero]

I do not know any casino that offers loan services. I think it is difficult for a casino to give loans without any collateral.

Well guys, I haven't read all the pages of the thread but when I was betting at BetFury today I saw on the side that they have a crypto loans service advertised as new. Anyone who is interested knows that's where it's at. Obviously the collateral is whatever you have in your casino account.

It struck me that someone who now wears BetFury's signature would say this:

I haven't found it yet, but if I am forced to borrow some money, I certainly don't need to go all the way because we can easily find it here [1].

some members open services with competitive interest rates. And I'm sure if there is gambling site open lending service, the interest rate is definitely much higher than here.

[1]. https://bitcointalk.org/index.php?board=65.0

Although at that time, the service was probably not yet available.

[danadc]

You are making mistakes here. AI is "Artificial Intelligence," so saying what is labelled intelligent is not intelligent despite performing intelligent tasks is what I do not understand in your claim. AI will always be intelligent and it's helping in gambling and beyond. It relieves businesses of high costs and does its tasks better and faster.

Perhaps you don't understand the work of AI and mistook it for a mere search engine AI task. Then you are wrong. AI can do virtually anything for you if you are using the right one coded for the purpose.

What I mean is that AI is not developed as most people believe, some believe that it is the UltraPluss that is the best and no, it is not like that, today's AI can do tasks that we consider difficult but it is not fully developed as it should be, that is why I say it, the casinos that want to take AI as a tool for security I do not blame them, that is where everything will start, from attacks to solutions, but for now the most efficient are the programming systems, and with loans, an AI can easily keep the entire file of who is granted loans, who owes them and who does not, that is what I would use it for in this case, of course if I owned a casino.

[LDL]

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.

Online gambling may not include borrowing because in this case, if a user borrows money from an online casino and if his account is frozen forever, he will not repay the borrowed money, resulting in the casino authority's entire money being exhausted. In this case, the casino site will likely go bankrupt.
Borrowing money in offline casinos can be guaranteed because in this case there is face recognition between the lender and the borrower so there is no possibility of embezzlement. So you can borrow money in offline casino but you cannot borrow money in online casino

[dunfida]

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.

Online gambling may not include borrowing because in this case, if a user borrows money from an online casino and if his account is frozen forever, he will not repay the borrowed money, resulting in the casino authority's entire money being exhausted. In this case, the casino site will likely go bankrupt.
Borrowing money in offline casinos can be guaranteed because in this case there is face recognition between the lender and the borrower so there is no possibility of embezzlement. So you can borrow money in offline casino but you cannot borrow money in online casino

How they would become bankrupt if the borrowed money is really just that freeze into someones account? The casino has nothing to lose on here because they will really be normally setting out those kind of restrictions when it comes into those funds on which this one will really be that understandable. They wont really be just that giving out that kind of change for those gamblers to be able to get those funds be withdrawn immediately at the time that they had borrowed. They are running a business and they are wise enough on how to monitor things and set out limitations so that it will really be that able to avoid on losing money on which this one is really that understandable on this case.

Lending service might be that a side income for them too on which at the moment of a particular user do win up with those loaned money that taken from the platform itself then they would be needing to pay up more in terms of interest on which thats an add of revenue and thats something that will really be that an advantage to them. For those who lose it all and doesnt come back to repay the loan amount then this will be considered to be breakeven into casinos yet those funds borrowed are really just that literally circulating or inside the platform itself and doesnt come out, so it has nothing to lose on this case.

[Don Pedro Dinero]

Online gambling may not include borrowing because in this case, if a user borrows money from an online casino and if his account is frozen forever, he will not repay the borrowed money, resulting in the casino authority's entire money being exhausted. In this case, the casino site will likely go bankrupt.
Borrowing money in offline casinos can be guaranteed because in this case there is face recognition between the lender and the borrower so there is no possibility of embezzlement. So you can borrow money in offline casino but you cannot borrow money in online casino

How they would become bankrupt if the borrowed money is really just that freeze into someones account? The casino has nothing to lose on here because they will really be normally setting out those kind of restrictions when it comes into those funds on which this one will really be that understandable. They wont really be just that giving out that kind of change for those gamblers to be able to get those funds be withdrawn immediately at the time that they had borrowed. They are running a business and they are wise enough on how to monitor things and set out limitations so that it will really be that able to avoid on losing money on which this one is really that understandable on this case.

It's just that LDL has come to comment on the thread without even reading two posts above his where I comment that Betfury offers this service, and they take what you have in the casino account as collateral, meaning that the casino has nothing to lose because they will always give you a loan to value of less than 100, typically 70% or less. So, if you have 1 bitcoin in your casino account, they will lend you 0.7 bitcoin, and if you disappear, they keep the bitcoin you have left as collateral, earning 0.3 bitcoin net.

[LDL]

Online gambling may not include borrowing because in this case, if a user borrows money from an online casino and if his account is frozen forever, he will not repay the borrowed money, resulting in the casino authority's entire money being exhausted. In this case, the casino site will likely go bankrupt.
Borrowing money in offline casinos can be guaranteed because in this case there is face recognition between the lender and the borrower so there is no possibility of embezzlement. So you can borrow money in offline casino but you cannot borrow money in online casino

How they would become bankrupt if the borrowed money is really just that freeze into someones account? The casino has nothing to lose on here because they will really be normally setting out those kind of restrictions when it comes into those funds on which this one will really be that understandable. They wont really be just that giving out that kind of change for those gamblers to be able to get those funds be withdrawn immediately at the time that they had borrowed. They are running a business and they are wise enough on how to monitor things and set out limitations so that it will really be that able to avoid on losing money on which this one is really that understandable on this case.

It's just that LDL has come to comment on the thread without even reading two posts above his where I comment that Betfury offers this service, and they take what you have in the casino account as collateral, meaning that the casino has nothing to lose because they will always give you a loan to value of less than 100, typically 70% or less. So, if you have 1 bitcoin in your casino account, they will lend you 0.7 bitcoin, and if you disappear, they keep the bitcoin you have left as collateral, earning 0.3 bitcoin net.

If non-negotiable collateral is not provided, borrowers who borrow will never reactivate the account after borrowing it. I have mainly mentioned bankruptcy in the case of unsecured loans and nothing else. However, if the account does not have the equivalent amount of assets then it will not qualify for the loan provided that there is no chance of the casino authorities facing any danger.

[Don Pedro Dinero]

If non-negotiable collateral is not provided, borrowers who borrow will never reactivate the account after borrowing it. I have mainly mentioned bankruptcy in the case of unsecured loans and nothing else.

I don't know why you are talking about something that does not and will not exist. No casino is foolish enough to offer loans without collateral so that the customer disappears after having obtained the loan.

However, if the account does not have the equivalent amount of assets then it will not qualify for the loan provided that there is no chance of the casino authorities facing any danger.

You see, you contradict yourself here. Of course if the casino doesn't have enough collateral it won't lend to anyone. The point here is that until now there were no casinos offering it, and now there is at least one, Betfury. And please don't try to pretend that you were right because you said:

Online gambling may not include borrowing because in this case, if a user borrows money from an online casino and if his account is frozen forever, he will not repay the borrowed money, resulting in the casino authority's entire money being exhausted.<...>. So you can borrow money in offline casino but you cannot borrow money in online casino

[LUCKMCFLY]

I'm with you on this. It's just off to believe that you can borrow money to gamble, which can only show desperation and addiction and I have not seen a gambler having the combination of the two issues that was successful. Ruin and frustration have always been the result of this and that must have been the main reason why casinos do not offer such services within their platforms. They might think that they are leveraging the problem of gamblers to inflict more pain on them if they allow such services. Regulators may not allow it too, for it is more evil in the moral sense.

What happens is very simple, it is the business model that allows it, it does not matter the pain or the losses that this entails, the fun or the name of fun is what they propose this type of business, there is no other way, this is how things are run in the world, that this type of business if we look at it is not so bad, the worst is the medicine industry that plays with the health of the sickest, the cures for cancer, HIV, everything is already there, but they prefer to continue taking Money from these people until they see them die , that is Practically where many Benefit , money that is Dirty in my Opinion.

[EarnOnVictor]

I'm with you on this. It's just off to believe that you can borrow money to gamble, which can only show desperation and addiction and I have not seen a gambler having the combination of the two issues that was successful. Ruin and frustration have always been the result of this and that must have been the main reason why casinos do not offer such services within their platforms. They might think that they are leveraging the problem of gamblers to inflict more pain on them if they allow such services. Regulators may not allow it too, for it is more evil in the moral sense.

What happens is very simple, it is the business model that allows it, it does not matter the pain or the losses that this entails, the fun or the name of fun is what they propose this type of business, there is no other way, this is how things are run in the world, that this type of business if we look at it is not so bad, the worst is the medicine industry that plays with the health of the sickest, the cures for cancer, HIV, everything is already there, but they prefer to continue taking Money from these people until they see them die , that is Practically where many Benefit , money that is Dirty in my Opinion.

You are wrong on the two parts (borrowing to gamble and on health) and you do not consider the mental health of gamblers for saying that. That's the only reason you can undermine the negative effect of casinos having the loan feature on their platform. Do you even think it's wise to borrow money to gamble? If anyone has reached that level to borrow money not for better reasons but for gambling, then such a person has crossed the red line of addiction. What he needs is help to be cured not borrowing more funds from casinos to aggravate the issue.

Besides, you seem to undermine the efforts of those in the medical line, which is unfair, they are doing their best. Some drugs aren't to cure the illness but to improve the patient's condition.

[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.

Online gambling may not include borrowing because in this case, if a user borrows money from an online casino and if his account is frozen forever, he will not repay the borrowed money, resulting in the casino authority's entire money being exhausted. In this case, the casino site will likely go bankrupt.
Borrowing money in offline casinos can be guaranteed because in this case there is face recognition between the lender and the borrower so there is no possibility of embezzlement. So you can borrow money in offline casino but you cannot borrow money in online casino

I personally have not found any online casinos that offer loans, because indeed it will actually be very risky for the casino to lose money, so far even casinos that do facial recognition may also be difficult to give loans to their players remembering that not all players will use verification with their real ones identity, in contrast to offline casinos that do dare to provide loans because at least they can get The guarantee for the loan is such as a car, house or other property, so that when the borrower is unable to pay, the casino or loan shark will confiscate the guarantee.

[LUCKMCFLY]

Well, you are 100% right in your opinion but i also would say that if any casino is lending money, they are also not doing a good thing because they are encouraging gamblers to take the loan and gamble. As of now, I do not know if there is any gambling site which offers loans but if anyone does, they shouldn't complain once the gamblers take the loan, lose that money in gambling and then are unable to return the loan

If it is indeed a fact that things will be like this, it will be more to create problems than to help, players in casinos will always look for a way to get money and if they are fully addicted then they will do whatever, so it is like a double-edged sword, I think that is why there are not many casinos that do it, or at least I do not know any casino that does it, but there must be other ways, loan sites close to the casinos and in that way be able to make a difference, well always the business model is created from a need.

[348Judah]

Well, you are 100% right in your opinion but i also would say that if any casino is lending money, they are also not doing a good thing because they are encouraging gamblers to take the loan and gamble. As of now, I do not know if there is any gambling site which offers loans but if anyone does, they shouldn't complain once the gamblers take the loan, lose that money in gambling and then are unable to return the loan

If it is indeed a fact that things will be like this, it will be more to create problems than to help, players in casinos will always look for a way to get money and if they are fully addicted then they will do whatever, so it is like a double-edged sword, I think that is why there are not many casinos that do it, or at least I do not know any casino that does it, but there must be other ways, loan sites close to the casinos and in that way be able to make a difference, well always the business model is created from a need.

A gambling platform giving loan to gamblers will only be to their own detrimental effects, this is not like an exchanges or any other centralized financial institutions, gambling is meant for us to enjoy when we have our own money to bet, if they offer loan and all of us took it and after winning or losing left for another platform, who will be responsible for that loss, eventually the gambling platform will bear the pain, because they offered it, to get one that will give loan on gamblers will be very hard to see.