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

[bias]

Although we choose different ways to win, which we call strategies, it's a fact that none of the lucky games have any strategy, which is why they are also called lucky games. The only borrowing for betting purposes that I can understand and that might make sense for both sides (the lender and the borrower) is poker. Neither the sportsbook, nor roulette, nor slot machines.
And a question immediately comes to my mind: since the borrower's "strategy" considers that he has a profit, why borrow in the first place? Since it's profitable, he will have the money independently without borrowing. Right? Why play with someone else's money? Maybe because the borrower himself knows that in the end, everything is a matter of luck?

After all, gambling is inherently a risk-based activity. If it leads to consistent profitability, then it’s definitely worth a try.

Worth the try for you, the gambler, not for the lender. I doubt that any gambler says that he wants to gamble the money that he borrows and there is a reason. Because he/ she knows that nobody will take the risk for his/her "strategy".
Take a look at the Lending section here on the forum and you will see how many people have lost their money from people who said how good a "strategy" they had...

[serjent05]

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?

There is no proven 100% winning strategy in gambling.  Even professionals have bad days. 

I observe in gambling whether it is a skill-based games like sports betting or a luck-based game like slots/dice etc., there is always a random factor that limits gamblers' success.  So it is not advisable to borrow money just to start gambling (betting on a gambling platform) pretending to start a business career. We are only lying to ourselves if we think that way.  Unless we setup a gambling platform, I do not think that betting can be called or even considered a business.

We might consider borrowing money to fast-track our success. Has anyone ever done that?

I am not that brave to risk my honor in borrowing money for gambling since I know where it will go when I end up busting my fund.  So I better choose to play with small amount as long as it came from my own pocket.

[Tmoonz]

Wouldn't dare to do that because gambling doesn't necessarily win... you know the winning factor is due to luck, but if the bet amount is small why borrow? I think a small amount of people can afford it.

In gambling do not dare to do this, and we have often discussed several times that loans for gambling are not recommended, even though you know there are strategies that work, but it won't last long, right? There is not even a strategy in gambling to win consecutively.

Funny enough even if there is any strategy that has been working for anyone while gambling with a smaller amount, the question is that, is  there any guarantee that the next is going to also be a winning? The answer is no and at such it is very wrong to borrow money irrespective of how small it could be to gamble, borrowing money to gamble is an irresponsible gambling behaviors and it could get someone in to a bigger trouble even when we least expected it, my advice for anyone is to gamble with an amount he or she can afford to lose and that has been the code, the kind of money you will lose and it will not have any negative effects in your personal life is exactly what is recommended for anyone approaching gambling though a lot of people can do other wise and of course it is there choice and they will also bear the consequence of their actions.

[Cityhunter34]

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?

Already gambling is a game of risk, but that doesn't mean that we should go to the extent of borrowing money to play gambling. Before anyone would think of borrowing money to bet a game, Allex you are sure about the game maybe you can just use the opportunity and Hit them big. Apart from that I don't really think is good for a gambler to engage in borrowing money, rather we should always gamble with the amount we can afford to lose to avoid regret at last.

[I_Anime]

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?

At first gambling ain't any form of business, so please don't think it that way because, is not something one can rely on when it comes to making extra bucks or earnings , because is something that boils down to luck , so you with win or lose , there's no  strategy that will guarantee you steady winnings , there must still be some down time .

So now imagine you have be winning ever since you are using little amount of money ( losses is been minimise not neglected), so you decided to take some loan or borrowed money for gambling, but in the process of trying to get some big win you endup losing it all , so is not safe because we can't fully predict the outcome in gambling, so even tho your strategy is working for you don't get too excited.

[DaNNy001]

This observation of mine might be weird and probably not relatable to everyone but why gambling with borrowed money always fail..not just borrowed money but money meant for important things that got diverted into gambling... before taking a loan you should Always Make sure that you have a way to pay back, gambling with borrowed money is a stupid idea and it can put you in a precarious situation..A lot of gamblers don't gamble to win or lose they just do it to satisfy the urge to gamble, this urge can even make them go as far as borrowing money.. Anyone dealing with this needs immediate help.

[rahmad2nd]

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?

We have a thread discussing this post, but never mind let's discuss it. I'm pretty sure most of the community will avoid loans just for gambling/betting, because it's very risky. remember, there is no 100% guarantee of winning in gambling/betting. even if you are an expert or professional, losing is something that is certain and conversely winning is something that is desired even though there will always be levels of risk. maybe some members in the community have/or often do it, even though they have a high probability of winning on a particular bet. but still, there is no guarantee and it is very risky. ideally, bet with only money that you can afford to lose or don't do it at all if you don't have the capital to bet.

[sotelorene]

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?

Let me speak for myself, I haven't actually done it before and me not doing it, is not because i don't have money to pay back later or... But because I feel or think is not advisable or wise for me to do it. Lets say the truth there's nothing like an expert when it comes to gambling you can be making more gain or profit than loss but that doesn't mean one is an expert perhaps you are just fortunate for the main time because when it turn against the person they will know that gambling is not something one should boast of. One might be thinking that he or she is good because he or she may have predicted 3-5 games correct and then when they went to barrow money to play, it will surprise you that they will lose there money.

[BITCOIN4X]

~Snip

Already gambling is a game of risk, but that doesn't mean that we should go to the extent of borrowing money to play gambling. Before anyone would think of borrowing money to bet a game, Allex you are sure about the game maybe you can just use the opportunity and Hit them big. Apart from that I don't really think is good for a gambler to engage in borrowing money, rather we should always gamble with the amount we can afford to lose to avoid regret at last.

I think some forum users have borrowed bitcoin or any crypto to gamble, but then they repaid it without any problems. They may have lost the loan due to gambling losses, but they paid it from other sources of income. We don't know what gamblers are thinking because they sometimes do things beyond their own control, including making loans and gambling on them.

If we talk about risk, whatever form it takes, there is always a risk. Gambling is risky and fun, but taking out a loan to fulfill your gambling desires is not a smart choice. If a gambler has reached that stage, then they are just a few moments away from being declared a bad gambler.

[Tmoonz]

It's a hopeless and fruitless journey that you want to embark on. Gambling is for fun and not a business that you can borrow money and pay back later from your profit, because you will always be at loss. It's advisable not to gamble when you don't have money, and don't use gambling as a means of living because you will become addicted.

To be honest I must say that if not for addiction there is nothing that would ever make any one to think of borrowing money to fulfill their claim gambling dream, because at when addiction sets in you are no longer in control but your are being controlled by your emotions with all positive energy that is very unguaranteed, yeah people go to that of borrowing money to gamble but it is completely wrong irrespective of how much we feel or think that there would only a positive outcome, the gambling environment is very uncertain hence nothing can be too sure to gamble on with such conception.

[Fiatless]

It's a hopeless and fruitless journey that you want to embark on. Gambling is for fun and not a business that you can borrow money and pay back later from your profit, because you will always be at loss. It's advisable not to gamble when you don't have money, and don't use gambling as a means of living because you will become addicted.

To be honest I must say that if not for addiction there is nothing that would ever make any one to think of borrowing money to fulfill their claim gambling dream, because at when addiction sets in you are no longer in control but your are being controlled by your emotions with all positive energy that is very unguaranteed, yeah people go to that of borrowing money to gamble but it is completely wrong irrespective of how much we feel or think that there would only a positive outcome, the gambling environment is very uncertain hence nothing can be too sure to gamble on with such conception.

You have hit the nail on the head. People who go to the extent of selling their personal properties or engaging in borrowing to satisfy their gambling urges are addicts. On a normal note, you should gamble with what is available and not what you don't have. Going to the extreme shows that something is wrong and such person would have to recognize that he has a problem and if possible seek professional help.

Those days when we used to play physical gambling, there were people who would gamble with everything they had including phones and clothing. After that, they will go to the extent of asking for loans with their electronic appliances as collateral. There is nothing wrong with borrowing funds to start a business, but using a loan to gamble is insane to me.

[Orpichukwu]

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 the same thing as doing business; that's a big risk to take. Even if I spend hours and days predicting a game, I never claim to be too sure of the outcome. The system will always be the same; you can't completely predict it, so know it's a no-go idea for me.

I can't risk it; even if I have the money, there is a level of risk that I can't take, and wagering with an amount I can't sleep well is a no-go area for me. It's better I place a bet with that small amount and win small; I'll take it that way than for me to use loan money and lose it to gambling.

[blockman]

In our country, there are too many that does this. it is not new and too sad that many of our fellow kababayan's are falling for this. They borrow money to gamble and thought of winning the jackpot someday. But in return, they are losing money and get more debt and that's the reason that they're not just losers in gambling but also losers in life.

[2Pizza410000BTC]

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 never thought of that because I know that I will never achieve success by earning money from gambling because gambling will never take me to the threshold of success. There is a possibility of losing money from gambling but there is no possibility of earning money from gambling. I saw a neighbor brother of mine who used to dream of becoming successful from gambling and used to take part in gambling on loans but today his condition is such that he is now knocking on people's doors, not getting any help. So gambling should not be just for entertainment and earning money.

[alani123]

If you have s good credit history, maybe as well borrow money to start a business or buy a house.
At least if you buy some property you have almost certain chances of making your money back.

The issue with gambling is you have very high chances to lose everything

So really. Don't ruin your credit history. Because without s credit history you can't be loaned a lot anyway. So it's really not worth it.

[Dewi Aries]

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 never thought of that because I know that I will never achieve success by earning money from gambling because gambling will never take me to the threshold of success. There is a possibility of losing money from gambling but there is no possibility of earning money from gambling. I saw a neighbor brother of mine who used to dream of becoming successful from gambling and used to take part in gambling on loans but today his condition is such that he is now knocking on people's doors, not getting any help. So gambling should not be just for entertainment and earning money.

Honestly, I just heard about the idea that when we treat gambling like a business with maximum effort, belief and hard work then we will also be able to achieve success, wow that's really beyond common sense , my friend, gambling is nothing more than a playground, as you said that you will never be able to achieve success in gambling and that's true, the reason? it's clear because after all, gambling is an activity of chance regardless of the type of game.

In the end, his fate will definitely be like your neighbor who you told me about, where instead of getting a lot of money, what happened was the opposite, namely losing a lot of money and also experiencing many other setbacks in his life, so please use common sense every time you respond to something new.

[ethereumhunter]

If you have s good credit history, maybe as well borrow money to start a business or buy a house.
At least if you buy some property you have almost certain chances of making your money back.

The issue with gambling is you have very high chances to lose everything

So really. Don't ruin your credit history. Because without s credit history you can't be loaned a lot anyway. So it's really not worth it.

Yes, that will be better to use the money for that reason instead use it for playing gambling where we don't have a big chance to make money. By start a business or buy a house, we can do positive thing that will benefit us in the future because having a business and runs it with right will also earn money for us.

The issue with gambling will be bigger if we can not repay the money and many people already experienced this. The lender will not let you go away without repay the money so they will after you without think about your life because you borrow money from them.

[junder]

It is clear that borrowing just to gamble without having a steady income is a very risky and overconfident action without realizing that the percentage of gambling results is more defeat than victory, and this should be a mature consideration before doing so because it has the potential to face two major risks that will frustrate him if everything does not go as expected. And this action is really stupidity that should not be imitated.

Even in my opinion, even though you already have an income, it is not recommended and should not take a loan if the purpose is to gamble because the thing to remember is that gambling will be dangerous when done with us having lost self-control and when taking a loan to gamble even though the intention is only once, in my opinion it means that we have lost self-control and it is possible that we can experience worse things in the future such as taking another loan because the previous loan has run out or was lost in gambling too, curiosity will burn and this is what must be avoided, so it is better to gamble when you do have money and still have to be with disciplined limits. You must remember that prevention is better than cure.

It is very unfortunate if they dare to take more than one loan even though the income they have can cover the loans they make, but it feels unethical to take loans for uncertain things like winning because people who can't stop gambling in my opinion are people who are chasing victory.

[EluguHcman]

It is clear that borrowing just to gamble without having a steady income is a very risky and overconfident action without realizing that the percentage of gambling results is more defeat than victory, and this should be a mature consideration before doing so because it has the potential to face two major risks that will frustrate him if everything does not go as expected. And this action is really stupidity that should not be imitated.

Even in my opinion, even though you already have an income, it is not recommended and should not take a loan if the purpose is to gamble because the thing to remember is that gambling will be dangerous when done with us having lost self-control and when taking a loan to gamble even though the intention is only once, in my opinion it means that we have lost self-control and it is possible that we can experience worse things in the future such as taking another loan because the previous loan has run out or was lost in gambling too, curiosity will burn and this is what must be avoided, so it is better to gamble when you do have money and still have to be with disciplined limits. You must remember that prevention is better than cure.

It is very unfortunate if they dare to take more than one loan even though the income they have can cover the loans they make, but it feels unethical to take loans for uncertain things like winning because people who can't stop gambling in my opinion are people who are chasing victory.

The acknowledgement on this context is that "Don't borrow yo gamble" even when you have a stable source of income because it would definitely bring you to same result of being indebted to pay back when the game did not play accordingly.

And a thoughtful questions here is that... "What would even make a stable income earner to borrow money just to gamble"?
Is that part of the bravery act? I guess not. So then I think such gamblers must be out of their minds. Why not then you gamble with your own money instead of a borrowed money?

Most definitely, this is a welcomed strategy to be adopted. While we feels bad in the depth of loosing our funds on gambling, loosing with a borrowed money will even worsen that state of regrets while losing your bets because you don't only lost the bet but also have to refund the source of your wager.

[Popkon6]

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?

Those of us who gamble should enter the game with as much money as we can afford to lose, but we should not gamble with excess money. But usually I bet on five games two days ago and I won four of them. But in another game I could not succeed in betting even using my guess and my experience, because it was not in my luck.
But I have never borrowed money and I am not trying to stand, I think those who borrow money while gambling have basically reached the stage of addiction and if they show this symptom in themselves, it is a sign of addiction.