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Author Topic: Anyone here brave enough to borrow money for gambling to fulfill their dreams?  (Read 2965 times)
Yaunfitda
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December 20, 2024, 10:16:34 AM
 #81

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?
It's a huge risk, although  I will admit that I have borrowed money to gamble, but not the intention of fast track success. I just borrowed because I want to play and I'm willing to take that risk because I know that I have money that I can pay in the future if ever I lose the borrowed money.

And I think it's totally different when you borrow and leverage it for business as compare to gambling. If you put loan money on business, there is a good chance that you can cover it if the business becomes a success. Although you can fail as well, but still it's not that very quick as compare losing money in gambling. And we have seen a lot of  business in the past that became successful thru loans and borrowed money and they were able to pay it back including the interest.
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December 20, 2024, 10:45:04 AM
 #82

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 two points that you stated that if we trust our gambling skills and if we've proven that out strategies works, is not achievable in gambling, so taking a loan for the purpose will not be a brave decision. You can not trust your gambling skills because it doesn't guarantee wins everytime and so you can't possibly proof that your strategy works or that it's perfect. The purpose of taking loan is to either use it for a business that you're sure will give you profit or to take care of an urgent need that can't wait till you earn your money, gambling doesn't fall into any of these categories. People should gamble with their own money because they're taking chances on luck to win and increase the capital.

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December 20, 2024, 11:02:05 AM
 #83

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?

Well only Poker players can really do that and can be bold enough to borrow that huge sum to try and make it even bigger to realize their dreams. It will not be easy however no matter how good you can be at Poker for example, other people may like sport betting and my borrow money to give it a try. I would never recommend this type of approach though as gambling has much more risks than starting a business as part of luck is heavily involved in gambling while in starting a business sure there are risks associated with it but if you have thought everything about it, it is a service needed or a product needed to be added to the city then chances are very low that it will not succeed. It is not as black and white as I described here I know but starting a business is much better than trying it in gambling.


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December 20, 2024, 11:13:25 AM
 #84

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 have never met someone who can boast that he has a proven strategy to work in gambling. He may have a strategy, but its not a guarantee to make you win on every bet; its still hit and miss, and with this fact, I will never think of borrowing money just to gamble, and gambling cannot and will never fulfill your dreams. There are some exceptions, and you are not sure if you are going to be part of that exception.
Its better to fulfill your dream through hard work you are sure to reach than relying on gambling, which has no guarantee of result.

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December 20, 2024, 11:26:06 AM
 #85

I do not have courage to borrow money for gambling especially to fulfill my dreams from gambling. I see many people get in the trap because of borrow money and they are difficult to pay the money. I don't want to be like that and will only use small amount to betting. I don't think that is a big opportunities to wins in gambling if we have more money because gambling is not a place to make money. We must remember that so we just only use our money and not break our limits so we don't have to see the problem. Besides that, we will difficult to get success from gambling so we don't have to try to chase that.

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December 20, 2024, 11:40:15 AM
 #86

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?
It's a huge risk, although  I will admit that I have borrowed money to gamble, but not the intention of fast track success. I just borrowed because I want to play and I'm willing to take that risk because I know that I have money that I can pay in the future if ever I lose the borrowed money.

And I think it's totally different when you borrow and leverage it for business as compare to gambling. If you put loan money on business, there is a good chance that you can cover it if the business becomes a success. Although you can fail as well, but still it's not that very quick as compare losing money in gambling. And we have seen a lot of  business in the past that became successful thru loans and borrowed money and they were able to pay it back including the interest.
Using up loaned money on applying into business then this is something which is really that important rather than on just solely using up these funds to gamble out on which its never been that ideal to do such act. Its better to risks out on doing business rather than on trying out to do something like gambling on which the duration on busting up that loan money is really that too fast which is unlike when you do up some business on which it will really be taking a while before you would go bankrupt. It is really just that too impossible that you cant be able to distinguish or determine on which one will really be that good and which it isnt. Borrowing will really be only relevant if it do talks about business that could bring out that financial success if ever you do make it big or in speaking about progress. There's always that fine line in between business and gambling on which this one is really just that too impossible that you cant be able to determine which is which. Gamble into the amount on which you cant afford to lose so that on the moment it do happens then you will be not making any plans on trying out to deposit more. Borrowing is really just that like suicide or digging your own grave on which its really that too dangerous if you make up such decision. Only a few could be make themselves rich because of gambling and of course this do need up that extreme luck on this case. Fulfilling your dreams through gambling is hard on which there's no way that you can make yourself that giving out some assurance that you could be able to do it.

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December 20, 2024, 11:42:56 AM
 #87

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?
well good luck with finding someone who would offer you a loan for you to just gamble it even i would not give money to someone just for him to gamble it even if i gamble myself and that is because i actually use my own money to gamble so that if i win that money is not entitled to anyone else but me and myself only on the other hand if i lose i also do not need to worry myself how would i be repaying back the money that i lost if you could only afford to gamble in small amounts then that should be your limit
Quote
We might consider borrowing money to fast-track our success. Has anyone ever done that?
i have never considered it because i am not looking for success through gambling i do not treat it like a potential profit making method i only do it for fun and if i earn some i will be happy and if i lose i move on and maybe try again next time
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December 20, 2024, 12:26:53 PM
 #88

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?

If you know you have the capabilities, why not take a risk? However, you are also capable of paying off your debt. Also you need to consider what game you would like to play that you are good with it, now if you are just a player who seek loan or borrow money just wondering to take back their losses without plan and just do a revenge play you will just waste your money and effort possible you just get carried away with your emotions and might lead to make a wrong decisions that makes your game more poor due to excessive emotions you put in the game.

 
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December 20, 2024, 12:42:36 PM
 #89

Anyone here brave enough to borrow money for gambling to fulfill their dreams?
I think of the 10% of people who open a money lending business, 1% want to lend money to those who apply for gambling collateral loans, the other 9% don't want to, we understand the meaning of gambling, the industry is designed for games, The meaning of the game/competition is that anyone in the gambling arena can only make two choices (defeat and win). No one can guarantee that the betting money will be returned, only fate and luck.

You need to underline, not gamblers can achieve or pursue their dreams of getting rich, that's nonsense, gambling is a game, not chasing dreams, if you win it's luck for you, Most gamblers who can achieve their dreams are the owners of the gambling industry, players are always asleep and never wake up, they only dream in broad daylight.

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December 20, 2024, 01:56:32 PM
Last edit: December 20, 2024, 03:50:21 PM by SOKO-DEKE
 #90

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 all about luck, and no matter how skillful someone may be, there is no assurance that he or she will win. If that is the case, it is highly risky for someone to borrow money to gamble because no one knows what will happen. The chances of winning and losing in gambling, no matter how strategic someone may be, are 50-50. Therefore, I would never advise anyone to borrow money and start gambling. Gambling is not a business and will never be a business.

I have seen someone gamble and want to win $1,200 and stake $1,000 just to gain an interest of $200 and still lose. I have witnessed this many times. There is no assurance in gambling, and it is very risky to gamble with an amount one cannot afford to lose.
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December 20, 2024, 02:02:25 PM
 #91

I do not see any wrong in borrowing as long as you have a means of paying it back that is not a problem but if otherwise, it is best you desist because gambling does not guarantee any profit or win from your bet so that alone should tell you that you should gamble with what you can afford to loss. There has never been a time that the casino or anybody would guarantee you of victory on your bet as they too want to win it all.  So it is best one avoids borrowing to gamble but rather gamble the little they could afford  to loss and also have the mentality of gambling for fun and not for profit making so they do not  regret their actions.

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December 20, 2024, 02:14:31 PM
 #92


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 all about luck, and no matter how skillful someone may be, there is no assurance that he or she will win. If that is the case, it is highly risky for someone to borrow money to gamble because no one knows what will happen. The chances of winning and losing in gambling, no matter how strategic someone may be, are 50-50. Therefore, I would never advise anyone to borrow money and start gambling. Gambling is not a business and will never be a business.

I have seen someone gamble and win $1,200 but stake $1,000 just to gain an interest of $200 and still lose. I have witnessed this many times. There is no assurance in gambling, and it is very risky to gamble with an amount one cannot afford to lose.

Every practice that goes against responsible gambling is clearly wrong. I will speak in general. Even if someone is skilled or thinks he can predict the future like a fortune teller, borrowing money to gamble is not a responsible act and can lead to an unnecessary debt. Yeah, dreams are important: If someone borrows money to start a business after careful planning, that is different and deserves support. But for gambling? No way Wink

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December 20, 2024, 02:28:17 PM
 #93

Gambling is not the same thing as starting up a new business, business has multiple factors that can lead to success and depending on the kind of business it is, your  capital will not be quickly liquidated even if the business is performing poorly but in gambling, it's very possible that you can take loan today to gamble with it and on that same day you can get liquidated. That's because gambling doesn't have any statice strategy that will guarantee you success.

I consider it a very high risk to use loan money in gambling, there's no guarantee you are going to win.

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December 20, 2024, 02:49:42 PM
 #94

What? borrow money and then use the borrowed money in a gambling casino to achieve your dreams? There seems to be something wrong with this, most people know that gamblers are always the ones who lose in casinos, right? That means most of them do not achieve what they expect to win a big amount in the casino.

So, that means most of them do not achieve their dreams through gambling, so why should we expect our dreams to come true through gambling?
Doesn't that seem wrong?
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December 20, 2024, 03:08:28 PM
 #95



I'll call this foolishness of the highest order.
Like how on earth would one take such daring risk to even increase their wagers when they're unable to win a dime talk more of increasing a wager with a borrowed funds just to satisfy your mind being on gambling?
Grab this that we can only be successful in gambling by luck and not basically my our hardworks and sacrifices.
This is the worst idea I have ever seen, we dare not borrow money and only dare to use the money we can afford to lose to invest in a safe asset like bitcoin. But we can recklessly borrow money to gamble and think that we can fulfill our dreams through gambling.

No offense but OP's idea makes me feel like he's a gambling addict. Because if a person only sees gambling as entertainment, they will never compare gambling with business, they will never see gambling as a place to fulfill their dreams. It is clear that there are many people who are addicted to gambling and have the mindset of getting rich from gambling instead of considering it as entertainment, but they always deny that they are not addicted to gambling.

You are right, winning in gambling is purely by luck, no skill, hard work or sacrifice can help us win or succeed in gambling.

The thread is actually inciting irresponsible gambling and it's being assumed as a fun and I bet it that even those addicted gamblers never admits what they're until they're bankrupt.
Periodically I don't see this context a brave act because it's like digging your grave by yourself.
How on earth would one even think a borrowed money can fetch him winning when he must have lost all this he gotten on the same process of trying your luck to win in gambling.
Just no sense .

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December 20, 2024, 03:22:02 PM
 #96

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?
It is not easy to imagine how dangerous it can be to fulfill your gambling dreams by borrowing money. Many people may borrow money from gambling and plan to fulfill their dreams but it would be a nightmare for a man instead of fulfilling his dreams. Maybe the money was borrowed to fulfill the dream but the money was lost by gambling then how will the previous loan be paid. In this case, it will not take long for a person to become bankrupt if money is borrowed from elsewhere at high interest to repay the previous loan.
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December 20, 2024, 03:22:21 PM
 #97

What? borrow money and then use the borrowed money in a gambling casino to achieve your dreams? There seems to be something wrong with this, most people know that gamblers are always the ones who lose in casinos, right? That means most of them do not achieve what they expect to win a big amount in the casino.

The approach to the question seems so wrong to me that I don't even know where to start. I already think it would be dangerous to borrow money to buy bitcoin but at least it would be more sensible than the bullshit the OP is talking about. I would rather change the question to: ' Anyone here stupid' enough to borrow money for gambling to fulfill their dreams?'

 
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December 20, 2024, 03:38:36 PM
 #98

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?
Except for skill based games, where the gambler have mastered the skill so well that he or she is very confident in him or her self that he or she can defeat who ever his or her opponent is.
Take for example, the game of chess, which we all know that it's a game of the mind, and using the mind effectively involves skill, if I get very good at this game, that I am sure that I will always win every game I play, then I wouldn't mind borrowing money to stake on it, as long as it helps get higher in finance and fulfilling my dream.

But coming down to regular gambling games like slot and sports betting, it will be foolish for anyone to trust so much in themselves to always make the right decision with bets, most especially with slot games where we all know that winning is purely luck based, the players skill have absolutely no use or effect here, borrowing to play such game could be the worst decision ever, and could also mean the gambler getting himself into a serious financial mess - I will never advice anyone to borrow to play games like sports betting or slot/casino games.

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December 20, 2024, 03:44:16 PM
 #99

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 can trust your skills but can you trust the 1000 possibilities in outcomes of games? If you are a betting person, do you think your skills is big enough to counter other possibilities that you never expected? Can your skills tells you who is going to be giving red card or yellow card if they get angry? These are the endless questions no one can answer because your skills can't guarantee that, this why you should never borrow money to gamble even if you have the skills.

Gambling with your own money is like starting a risky investment that you know you can get liquidated, a business you know it's a 50/50 and there is no any way out but luck, such will make your mind from beginning that when you don't win anything, you will never be disappointed but when you have made up your mind with expectations and you don't make money, you will wish you never start the investment from beginning, it's better you don't try it.
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December 20, 2024, 03:45:49 PM
Last edit: December 20, 2024, 04:01:03 PM by Frankolala
 #100

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?

Well only Poker players can really do that and can be bold enough to borrow that huge sum to try and make it even bigger to realize their dreams. It will not be easy however no matter how good you can be at Poker for example, other people may like sport betting and my borrow money to give it a try. I would never recommend this type of approach though as gambling has much more risks than starting a business as part of luck is heavily involved in gambling while in starting a business sure there are risks associated with it but if you have thought everything about it, it is a service needed or a product needed to be added to the city then chances are very low that it will not succeed. It is not as black and white as I described here I know but starting a business is much better than trying it in gambling.
A blackjack player can also come out successfully on this. Only Fred Smith CEO of FedEx and few gamblers will be able to do this. Gambling is very risky with no guarantee, and you shouldn't go as far as taking a loan to gamble because that's foolishness. It's only your extra cash that you should use for gambling and not the opposite, because it's only luck that can make you win your bet.

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