Anyone here brave enough to borrow money for gambling to fulfill their dreams?

[crwth]

This is similar to what I am doing now with trading. I made it alone to ensure that I have more substantial capital and possibly increase my profits once the market gives me the opportunity. It is usually a risk that you should be willing to take and ensure you manage.

Anything could go wrong if you have managed to ignore your rules, so it is important to follow and be critical of your Methods.

[Viscore]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

Borrowing money is never actually a bad move, it will only go wrong if you borrow without sustainable income to repay the borrowed funds. Even if you will use it for gambling, where there are no guarantees to regain the money back, still I wouldn’t call it a wrong decision making. However, if you borrow just for the sake of gambling, and you have no capability to repay that amount, then that is a very wrong move that you will regret afterwards.

[DubemIfedigbo001]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

The problem with me is that when it comes to gambling, I'm a weakling and cannot depict much Braveness, especially after my struggles with addiction in2017, It appeals more to me to chase the wins with rollovers instead of taking a loan for mere gambling. I would love to point out to you that the methods that gave you success today in gambling might cripple you tomorrow and that is gambling for you. Lots of people that I know are in heavy debt because of that very mindless act of taking a loan to service gambling desires and it is so bad that some of them give out their valuables as collaterals when taking the loans.

I would rather take a loan to expand my business or finance a career that i enjoy which would be more profitable to me on the long-run than trying out my luck on gambling.

[Nrcewker]

if we truly trust our gambling skills

You need to, at first, clear your basics, mate. Gambling isn’t at all a skill. Gambling is all about luck. If you are not lucky enough, then no matter what skill you possess, you won’t be able to make any money. Now we also know that it is not guaranteed that we will always win in gambling; hence the factor of uncertainty lies here. Now in such a type of situation, borrowing money and taking risks to gamble is very risky. I would advise everyone to not take any loans to gamble. Only gamble responsibly with your own hard-earned money.

[Fiatless]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

Gambling is not a business, you cannot invest in it. All things being equal one can analyze and predict the future profitability of a business. But you cannot do that in gambling. Even if you have a winning strategy, there is no proof that it will bring consistent wins. Borrowing to gamble has made many people become sick, go to jail or even commit suicide.

I could remember a story in my location which was even used to create a thread in this forum that involved a gambler committing suicide. The report showed that he took a loan to gamble because he was sure of his strategy. He ended up losing all the money. Out of frustration and shame, he consumed poison and died. The best approach to gambling is to see it as a form of entertainment and only gamble with what you can afford to lose. The reason why it should not be given a business approach is because its outcome is highly unpredictable. Most people who became rich through gambling are just very lucky and their numbers are very few.     

[rachael9385]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

Actually, am not sure if I have borrowed money to just to satisfy my gamble urge. However, borrowing money to gamble is just a sign of an addiction, even though you trust your predictions you still need to wager with your own money than to borrow. Well, even if the money you borrowed is a decent amount that you can pay back in an hour or more, you don't need to borrow it in other to use and wager in gamble. Gamble only when you have money, and I do not support gambling with borrowed money.
People will say that if you can borrow money and start up a business or investment you can borrow to gamble (everyone has their own thinking) but for me, I chose never to borrow money for gamble but I can take the risks to borrow money for business because on business, you need a strategy to make sales but on gamble you need 100%+ luck before you could win.

[GxSTxV]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

I been down that path just few months ago, and I can tell you my experience, it's a dangerous mindset that leads anyone in a good position to a very bad place. I used to believe my strategies are always solid and I thought that borrowing money would help me to maximize my wins just right after recovering my previous losses. Honestly, with all that rush of having a big amount to gamble, it felt like a shortcut to a good success  but the truth it only trapped me deeper into loans and debts.

At first, you convince yourself it’s like an investment just like a business loan. But gambling and business aren't the same at all, while in gambling the risks are far less predictable and can’t be controlled. When things go wrong (and trust me they do), the debt doesn’t just disappear. Instead of feeling like you are building toward success you end up feeling panic regret and guilt. The weight of borrowed money compounds losses and even if you win occasionally it’s never enough to take off that risk.

In both gambling and borrowing for it the results eventually goes to the same ending such as loss, stress, and often a deeper mess to fix out. To me I find no winning strategy worth that kind of risk. I learned the hard way and it’s a lesson I wouldn’t wish for anyone.

[Ambatman]

Never done that and never plan on doin such.
Starting a business is quite different from gambling and borrowing to gamble isn't advisable.
It's only going to lead to more deaths
There's a reason why it's adviced to invest or gamble what you can afford to loss.
I believe dreams ain't rushed they are built on a firm foundation for longer existence.

[vs2014]

Personally I don't want to go into something like that because currently my income is very low. But i have seen my friends who borrow money to bet on football matches and promise to make a profit with repayment as a loan. When a gambler is absolutely sure that he will win this time, he wants to get money by any means. The only idea in his mind is that if he wins the bet, he will pay off the loan with the winnings. So if anyone wants to do this then I would consider it as an early sign of gambling addiction. No matter how confident you are in your gambling skills, ultimately it will play with your luck.

[CryptoHeadlineNews]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

This is the worst decision anybody should think of doing, despite anyhow you may think to be very confident of your betting strategy, because the truth about gambling is that it's prediction are never a hundred percent sure assurance, and as such, it can never be compared to a genuine business whose outcome is not a product of luck just like gambling. Whereas, another analogy to prove that this strategy is not true or could make you successful is the fact that the richest men in the world are not gamblers, because if it was true, gamblers would have been the most richest men. Whereby you could just borrow $10,000 and place a bet with 2 odds to get $20,000 and continue the process repeatedly.

[Pandu Geddon]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

I personally know the risk of losing from gambling. I will not take out a loan to fulfill the ambition of getting a big win, even though I am very sure to win at that time. I will do it as usual with what I have and I allocate it for betting. Not borrowing money either with collateral or not. Even with a small amount, I try not to do it.

[aoluain]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

I was thinking further on this question earlier today and honing in on two phrases
the OP uses:

Gambling Skills
Proven Strategy

If anyone is able to use those two phrases why would they need to borrow money?

Surely they would be growing their pot and gambling with greater amounts to win
even more, kind of like compound interest.....

It just doesnt seem right, if your system is working you would always be in profit.

[coolcoinz]

That's the thing, I'm not sure of my skills because I don't think there are gambling skills at things like sports betting. You can be a skilled poker player but there's no skill in choosing a team or a fighter. You either choose right, or you choose wrong. Whatever you do, you will maybe have 70% win rate if you're good, but you will lose 1 in 3 bets. I'm not confident enough to risk going in debt just to prove a point.

[sompitonov]

I decided that I would never borrow money to use it for gambling. I have seen many stories of players and how it ended, often very sadly, when the debts were to friends and relatives. I do not want to be in such a situation, even if the chances of winning were several times greater than now. I think that many players need to believe less in a fairy-tale life and come down to earth to understand that gambling was not invented to make the player rich ... And even if somehow the player still decides to do this, then let him do it only with his own money. I think the word "courage" is not very appropriate here.

[iBaba]

Borrowing money is never actually a bad move, it will only go wrong if you borrow without sustainable income to repay the borrowed funds. Even if you will use it for gambling, where there are no guarantees to regain the money back, still I wouldn’t call it a wrong decision making. However, if you borrow just for the sake of gambling, and you have no capability to repay that amount, then that is a very wrong move that you will regret afterwards.

Borrowing money to gamble is the wrongest thing I will ever do or advise anyone else to do. I don't really advise you to make that decision especially when you're not sure of the outcome. What I know for sure is that some people are very nonchalant and could take decisions that will make them hate themselves for long. I love to leave a free life. When yu take loans for something, ensure you have a collateral for it, an equitable value of property that can fit into the loan taken. Gambling does not have that guarantee and you may end up injuring your emotions.

[Tungbulu]

The only thing I believe I’ve done is take out money that was initially meant for something else to continue gambling when my I’ve completely ran out of budget, and this was on specific occasions. It’s not something I usually do, this is because I usually don’t consider gambling to be something that can help me raise money, so I do often mind how much I put into it, except for sometimes that I just get carried away. But it never gets to the extent that I’ll need to borrow money from someone else to continue gambling

[Zigabel]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

Gambling with borrowed funds is very risky especially for something that is very uncertain and considering the fact that you have to make sure you make back that money and pay up even with the uncertainty of the results, gambling isn't a business that comes with some level of certainty that will give you some confidence to borrow and invest in it, even with strategy you cannot be so sure as gambling is always with that level of uncertainty so it's never advisable to borrow to gamble.

[Mia Chloe]

I am just having this thought: if we truly trust our gambling skills, then just like starting a business, we take risks because we believe we’ll succeed in the future. So, what if we’ve proven our strategy works, but we’re only betting small amounts and missing out on bigger opportunities? We might consider borrowing money to fast-track our success. Has anyone ever done that?

You don't gamble to prove a point neither do you gamble to fulfill your dreams or financial goals. And for me I don't think there would possibly ever be a valid scenario where gambling with borrowed money would be the right thing to do. Even as much as people try to paint up the concept of gambling as something that works with a particular strategy, it still has a great percentage of luck involved.
If you borrow funds to gamble , there is a high chance that you may want to quickly recover a lot with it so you can be able to cover both the loan and interest involved and still be in profit and these can of tensions may fuel losses.

[Dewi Aries]

Regardless of how you treat gambling, gambling with borrowed money is an excessive act and it is the same as you are exposing yourself to two risks, first experiencing defeat and losing money due to predictions that are wrong and second you have to pay the loan amount to the person concerned.

It is not about how good or how good your strategy is because in any case there will never be a guarantee in gambling regardless of what type of gambling you choose, and that is why many people suggest gambling with a small amount of money or gambling with money that you are really ready to lose, meaning that gambling with borrowed money violates the provisions of the approach to gambling that should be.

[junder]

Borrowing money is never actually a bad move, it will only go wrong if you borrow without sustainable income to repay the borrowed funds. Even if you will use it for gambling, where there are no guarantees to regain the money back, still I wouldn’t call it a wrong decision making. However, if you borrow just for the sake of gambling, and you have no capability to repay that amount, then that is a very wrong move that you will regret afterwards.

If that is the case, I am sure that people who borrow money without having the income to pay it back are stupid people because why would they dare to take out a loan to gamble when they don't even have an income? That doesn't make sense, instead of gambling being able to win and pay off the previous loan, it would be very lucky if that could happen, but unfortunately the chances of winning are still lower than the chances of losing. That's what you have to remember.

Even though you already have an income, it doesn't mean that taking out a loan to gamble is recommended, because in my opinion, borrowing money to gamble is only done by people who have high hopes for gambling, while we shouldn't have high hopes for gambling because it can only make us addicted.