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

[Hispo]

I am fundamentally against loans and credits. I am even more against taking loans and credits in order to gamble.

Gambling can be divided into two types.

The first type is gambling based solely on luck (for example, roulette, slot machines, etc.). In the long term, playing such gambling inevitably leads to a loss. Accordingly, using borrowed funds for such gambling is recklessness.

The second type is gambling based not only on luck, but also on the skills, knowledge and abilities of the player (for example, poker, sports betting). In these gambling games, the player has a chance to win in the long term, but even in this situation, using borrowed funds, in my opinion, is recklessness and an adventure.

Regardless of the kind of gambling I think people must remember that the entity which the house is will continue to win money from the whole volume of gamblers, not matter whether they are playing casino games or betting on sports. Debt itself, having nothing to do with gambling is uncomfortable enough and could be crippling to a person which does not have enough sources of income not to depend on their credit cards, adding the component of gambling to it only accelerates de spiral down to misery and poverty.
Nobody is supposed to ask borrowed money unless it is strictly necessary and keep that money away from risking investments and casinos, the results are always the same... just takes a look at the testimonial of gamblers how dared to borrow and wager.
It is a never-ending history.

[junder]

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.

that's what I mean, if you really don't have any more money to gamble then don't force yourself to continue your gambling session by borrowing money to bet again, because the most likely thing to happen is the same, namely the loss of the money that was bet, besides the casino will not care about the condition of its players whether they gamble with their own money or the results of the casino loan will not show mercy by giving away the victory just like that.

Borrowing money to gamble will only make things worse, there is a possibility that it can indeed return the previous losses but that is very unlikely, very lucky there are people who can get big wins so that they not only cover their losses but also cover debts and also get more profit, this happens maybe only to very lucky people.

We should be able to accept the bitter reality that with the high possibility of losing money will occur so that there are no actions that are high risk.

[dunfida]

I am fundamentally against loans and credits. I am even more against taking loans and credits in order to gamble.

Gambling can be divided into two types.

The first type is gambling based solely on luck (for example, roulette, slot machines, etc.). In the long term, playing such gambling inevitably leads to a loss. Accordingly, using borrowed funds for such gambling is recklessness.

The second type is gambling based not only on luck, but also on the skills, knowledge and abilities of the player (for example, poker, sports betting). In these gambling games, the player has a chance to win in the long term, but even in this situation, using borrowed funds, in my opinion, is recklessness and an adventure.

Regardless of the kind of gambling I think people must remember that the entity which the house is will continue to win money from the whole volume of gamblers, not matter whether they are playing casino games or betting on sports. Debt itself, having nothing to do with gambling is uncomfortable enough and could be crippling to a person which does not have enough sources of income not to depend on their credit cards, adding the component of gambling to it only accelerates de spiral down to misery and poverty.
Nobody is supposed to ask borrowed money unless it is strictly necessary and keep that money away from risking investments and casinos, the results are always the same... just takes a look at the testimonial of gamblers how dared to borrow and wager.
It is a never-ending history.

Debt doesnt only come with gambling addiction or dealing up but also in other potential reasons as well on which there will really be those other factors that will be resulting on taking up some loans and borrowing because they've been expecting something with it. If you are really that trying out to take advantage and believing that you can come up with positive results on what you are currently doing with your borrowed money or loan then you will be ending up on a disaster not unless if you will be lucky with it but we do know that majority are really that messing up their life with because they cant able to control themselves in terms on taking up some loan and time comes that they cant be able to repay it out because of too much big amount.

When you do play gambling then it will be better that you should be setting out limitations on how much you will be that spending on which at the time that you will be going overboard with that kind of limitation then you will be having a hard time on making up some recovery and ending up for you to have some issues when it comes to finances on which this is the primary thing that will be affected if you do lose up control on spending up your money and ending up on getting up some loan. Its always that recommended that you should be that mindful into this aspect because at the time that you will be careless on every decisions you do make then outcomes and results will be that just the same.

[Iranus]

~snip

Exactly. Taking this kind of decision of loaning money and using it to gamble can only produce two results which is either a lose or a win and if someone is smart, before they take such decision, they should be ready to handle the outcome should it be negative. Some persons can take the determination to carry out such actions but are not ready to bear the consequences as they will be very devastated if they lose the money. Any smart person that wants to do that must have a back up plans of how to repay the loan.

But I think really smart people wouldn't think of borrowing money to gamble. If they are smart enough, they will know that gambling is just a place to spend money, not a place to make money, let alone fulfill dreams through gambling. There have been many lessons about borrowing money to gamble and the consequences it causes, a smart person will never let himself fall into such situations. There are only people who are addicted to gambling, lazy and think they can get rich by gambling, and I don't think these people can be called intelligent, IMO.

[Dewi Aries]

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.

            -      I'm just speaking honestly and frankly, If anyone is successful in gambling like this in the crypto industry gambling business, they are definitely
lucky that's why they got the jackpot prize from their gambling at the casino.

I also don't believe that you can get a jackpot prize or a big winning at the casino here in crypto if you're not lucky, in short, the big winning prize really depends
on the luck of your playing as a gambler.

Yes and that means isn't winning dependent on luck especially in casino games? and also isn't something that depends on luck uncertain? that's why above I said that gambling can never be used as a place to find money, achieve success or be used as an intermediary to overcome financial problems, because anyway it doesn't make sense and will never be possible.

I understand that yes when you have very good luck then maybe you can get a big win, but that doesn't mean from the start you have to set a goal to make gambling as an intermediary to achieve success because in most cases it actually leads someone to many disasters in their life.

[TelolettOm]

But I think really smart people wouldn't think of borrowing money to gamble. If they are smart enough, they will know that gambling is just a place to spend money, not a place to make money, let alone fulfill dreams through gambling. There have been many lessons about borrowing money to gamble and the consequences it causes, a smart person will never let himself fall into such situations. There are only people who are addicted to gambling, lazy and think they can get rich by gambling, and I don't think these people can be called intelligent, IMO.

I do agree with you, someone who is smart, wise, and responsible, will not make his decision much more risky. This is not a matter of being brave or not, but this is more of a more reasonable and wise consideration, for the sake of the future. Because we ourselves will never know what results we will receive from gambling, maybe winning, but it does not rule out the possibility of losing again. So, this will only be digging a hole and covering it, or even digging a deeper hole.

Gambling is indeed very promising with its results being multiplied or even jackpot, however, it is gambling, it cannot be guaranteed 100%. That is why, even I personally will not take loans just for gambling.

[2Pizza410000BTC]

            -      I'm just speaking honestly and frankly, If anyone is successful in gambling like this in the crypto industry gambling business, they are definitely
lucky that's why they got the jackpot prize from their gambling at the casino.

I also don't believe that you can get a jackpot prize or a big winning at the casino here in crypto if you're not lucky, in short, the big winning prize really depends
on the luck of your playing as a gambler.

Winning the jackpot is not everyone's destiny. Winning the jackpot definitely requires the utmost luck. If a person gambles constantly to win the jackpot, then he will definitely become addicted to gambling and lose everything and become destitute because the addiction to jackpot is an addiction that makes people extremely greedy. People expect a lot in their hearts but cannot make it a reality.

[Dave1]

Recently I did about a month ago, I know deep inside that I should not borrow money to gamble, but I still do. And so it was a bad result, it's not huge money in my end, it's just like $200++.

But I lost that money that night and I've learn my lessons already. I have paid the loan back with some interest because I do not what to think about it specially that we are in the holiday spirit. Although I will admit that I've tempted again in the last 2 days to borrow and play, but I have to fight that itch inside of me and so far I overcome it. I borrow though not for my dreams, it's just that I want to gamble simply as that.

[Promocodeudo]

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.

This is even funny in the first place, how would someone borrow to fulfil unrealistic dreams, gambling is not an investment per say so why would someone even think to that end, there are some risk that are very uncalculated and I believe this one is one of them, gambling has a high tendency of losing in it, so anyone planning to borrow to gamble  because of what they call sure odd is doing that to his or her own detriment because sure odd doesn't exist anywhere, the only set of persons that can do this are those people who are termed reckless gamblers that has placed all their hopes in gambling as such they believe that they can achieve everything the want in life through gambling which is fallacy and a high level of personal deceit.

Buddy you have said it all, it is not advisable to get a loan for gambling, gamble with what you can afford to lose, don't borrow to gamble because the possibility of losing such money is high and what will be your fate when you lose is what matters, many people has lost their life because of this, so for me this is a no no hence it isn't an investment, in the aspect of strategizing in other to win in gambling I don't believe that such exist but i stand to be corrected and get some clarity to that effect.

[mak013]

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 am not prepared to take out a loan relying on luck. But at the same time, I know several players who use credit cards to play. They have a stable profit from bets, so for them it is not a problem, but for the common gambler it is one of the worst practices in the game. The first rule is never to use money that you are not prepared to lose. The second rule is never to borrow money for gambling. And it does not matter what you believe in.

[mammusu]

I dont think that a person must be brave to borrow money for gambling. A person that borrow money for gambling or anything else must be cold minded and have good self control, to control emotions and stick to plan how he plans to return money. Imo it is not about being brave, it is about being smart and ready to be responsible for your action.

Exactly. Taking this kind of decision of loaning money and using it to gamble can only produce two results which is either a lose or a win and if someone is smart, before they take such decision, they should be ready to handle the outcome should it be negative. Some persons can take the determination to carry out such actions but are not ready to bear the consequences as they will be very devastated if they lose the money. Any smart person that wants to do that must have a back up plans of how to repay the loan.

Gambling does have two possibilities, namely losing or winning, but borrowing money to gamble is a very risky decision, even if you win of course the winnings may not be sufficient for us to pay the loan and also the interest charged, especially if you lose, of course in addition to losing money, you also have a large burden to be able to return the money along with the interest, gambling in my opinion has risks, but the risk of gambling by borrowing money, precisely it will often give us a long-term impact, so if you really want to gamble you should use money that you are ready to lose and not borrowed money.

[ethereumhunter]

            -      I'm just speaking honestly and frankly, If anyone is successful in gambling like this in the crypto industry gambling business, they are definitely
lucky that's why they got the jackpot prize from their gambling at the casino.

I also don't believe that you can get a jackpot prize or a big winning at the casino here in crypto if you're not lucky, in short, the big winning prize really depends
on the luck of your playing as a gambler.

Winning the jackpot is not everyone's destiny. Winning the jackpot definitely requires the utmost luck. If a person gambles constantly to win the jackpot, then he will definitely become addicted to gambling and lose everything and become destitute because the addiction to jackpot is an addiction that makes people extremely greedy. People expect a lot in their hearts but cannot make it a reality.

Only those who have luck that will win the jackpot and takes the money to their home. While many gamblers still lose their money and that will not be good for them if they are chasing the win or jackpot because that can makes them lose more. They must think that borrowing the money to chase the win will not be a good idea considering with the risks behind of that. So they don't have to do that instead just use limit money to playing gambling so they don't  have to lose big. Chasing the winning can make them become addicted to gambling because they will difficult to stop themselves from gambling. Maybe they just need to enjoy gambling as an entertainment and not hope too big to win the jackpot and let their luck comes by itself.

[romero121]

In the past I've borrowed money to gamble. It is not based on the belief in my gambling strategies, but it happened out of my addiction. I've lost big in gambling, and by the time all my thinking was to recover my losses. To that, I needed money, and I borrowed from a few friends, and I lost those, and I struggled a lot to settle the funds later. That served to be a learning that gambling isn't a place to risk your money. Also, it isn't something like a business where we can have a plan and move on it. If something doesn't work as we've planned, we can switch to another plan and make it successful in the long run, whereas gambling is completely different.

[Koadharber]

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 am not prepared to take out a loan relying on luck. But at the same time, I know several players who use credit cards to play. They have a stable profit from bets, so for them it is not a problem, but for the common gambler it is one of the worst practices in the game. The first rule is never to use money that you are not prepared to lose. The second rule is never to borrow money for gambling. And it does not matter what you believe in.

Using up credit cards on playing gambling or any forms of borrowing money is really that suicide or something that you shouldnt really be doing.Why? we do know that paying up some debts does involved interest and if you do keep on playing on using loaned money or borrowed then you do keep yourself digging your own grave, not unless if you are good on repaying up your debt then there would be no isssues, but what it its now? Only make use of the amount on which you can afford to lose and never ever make use loan money to gamble because it will really make things that worst for you when it comes to financial.  You might be brave but that would be that temporary because spending up money which arent supposed to be on gambling will be that imposing potential problems.

[Minor Miner]

In the past I've borrowed money to gamble. It is not based on the belief in my gambling strategies, but it happened out of my addiction. I've lost big in gambling, and by the time all my thinking was to recover my losses. To that, I needed money, and I borrowed from a few friends, and I lost those, and I struggled a lot to settle the funds later. That served to be a learning that gambling isn't a place to risk your money. Also, it isn't something like a business where we can have a plan and move on it. If something doesn't work as we've planned, we can switch to another plan and make it successful in the long run, whereas gambling is completely different.

Through your story, I think that borrowing money to gamble only happens to gambling addicts and it is recklessness, not courage as some people think.


Also, you are absolutely right in saying that business and gambling are two completely different fields, they have nothing in common. But surprisingly, some people are making the grave mistake of thinking that business and gambling have something in common, and that borrowing money to gamble to fulfill a dream is the same as doing business.
I hope OP or anyone thinking about taking out a loan to start a business by starting gambling can learn something from your real life experience. Because that's really the worst idea and the quickest way to ruin our lives.

[BABY SHOES]

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.

Buddy you have said it all, it is not advisable to get a loan for gambling, gamble with what you can afford to lose, don't borrow to gamble because the possibility of losing such money is high and what will be your fate when you lose is what matters, many people has lost their life because of this, so for me this is a no no hence it isn't an investment, in the aspect of strategizing in other to win in gambling I don't believe that such exist but i stand to be corrected and get some clarity to that effect.

I don't even dare to take my savings to gamble... especially since borrowing money to gamble is like having no morals at all, yeah I told myself.

You said a lot of lives were lost because of this... I agree... Because looking at the local news itself there are many cases where he borrowed gambling money, then he lost and he ended up killing himself because he couldn't pay.

So think wiser in gambling, more important responsibility, then it is true in gambling “ready money to lose” then in any bet it is never a lot just a little of weekly income.

[mak013]

I am not prepared to take out a loan relying on luck. But at the same time, I know several players who use credit cards to play. They have a stable profit from bets, so for them it is not a problem, but for the common gambler it is one of the worst practices in the game. The first rule is never to use money that you are not prepared to lose. The second rule is never to borrow money for gambling. And it does not matter what you believe in.

Using up credit cards on playing gambling or any forms of borrowing money is really that suicide or something that you shouldnt really be doing.Why? we do know that paying up some debts does involved interest and if you do keep on playing on using loaned money or borrowed then you do keep yourself digging your own grave, not unless if you are good on repaying up your debt then there would be no isssues, but what it its now? Only make use of the amount on which you can afford to lose and never ever make use loan money to gamble because it will really make things that worst for you when it comes to financial.  You might be brave but that would be that temporary because spending up money which arent supposed to be on gambling will be that imposing potential problems.

Sometimes it is possible and i wrote when someone can do it. Credit is the instrument that we can use or not. It not only about gambling, it is about everything. I don`t like credit cards generally, and i don`t ready to use it in gambling, but it doesn`t mean that everybody must do the same. It can be compared with buy-in in poker. You lost your deposit, but see that you can return and win. It is really dangerous decision, but in some moments for some gamblers it is possible.

[satscraper]

I would borrow  solely to my close relatives like parents or wife and to nobody else, ^{even if those "nobody" are from the class of my close friends as they potentially may betray you. I realize that even wife may betray but wife is wife and I would grab ankles If she ask me to lend her money}.  Luckily neither my wife nor parents are close to  gambling, thus, my I feel safe in this respect.

[Dr.Bitcoin_Strange]

~snip

Exactly. Taking this kind of decision of loaning money and using it to gamble can only produce two results which is either a lose or a win and if someone is smart, before they take such decision, they should be ready to handle the outcome should it be negative. Some persons can take the determination to carry out such actions but are not ready to bear the consequences as they will be very devastated if they lose the money. Any smart person that wants to do that must have a back up plans of how to repay the loan.

But I think really smart people wouldn't think of borrowing money to gamble. If they are smart enough, they will know that gambling is just a place to spend money, not a place to make money, let alone fulfill dreams through gambling. There have been many lessons about borrowing money to gamble and the consequences it causes, a smart person will never let himself fall into such situations. There are only people who are addicted to gambling, lazy and think they can get rich by gambling, and I don't think these people can be called intelligent, IMO.

It favoured someone else, so they will always have a backup to believe that they can have such luck too just like others did. Some people who are deeply into gambling can do anything to gamble. As a matter of fact, it's nothing new, some gamblers are doing it everyday. They will take loan to gamble, some will use money that doesn't belong to them, without the notice of the rightful owner of that money, after they have lost the money, that's when they will realize the money was not theirs and they will begin to regret.

[rachael9385]

~snip

Exactly. Taking this kind of decision of loaning money and using it to gamble can only produce two results which is either a lose or a win and if someone is smart, before they take such decision, they should be ready to handle the outcome should it be negative. Some persons can take the determination to carry out such actions but are not ready to bear the consequences as they will be very devastated if they lose the money. Any smart person that wants to do that must have a back up plans of how to repay the loan.

But I think really smart people wouldn't think of borrowing money to gamble. If they are smart enough, they will know that gambling is just a place to spend money, not a place to make money, let alone fulfill dreams through gambling. There have been many lessons about borrowing money to gamble and the consequences it causes, a smart person will never let himself fall into such situations. There are only people who are addicted to gambling, lazy and think they can get rich by gambling, and I don't think these people can be called intelligent, IMO.

It favoured someone else, so they will always have a backup to believe that they can have such luck too just like others did. Some people who are deeply into gambling can do anything to gamble. As a matter of fact, it's nothing new, some gamblers are doing it everyday. They will take loan to gamble, some will use money that doesn't belong to them, without the notice of the rightful owner of that money, after they have lost the money, that's when they will realize the money was not theirs and they will begin to regret.

I would say that anyone (any gambler) that borrows money to gamble is an addicted gambler and we all know that any decision that an addicted gambler makes towards his or her gambling life is not a good one because they are probably addicted to gamble because of miscommunications they have.
However, you are right, some gamblers do this everyday, and I have also seen one who doesn't rest until he wagers. Sometimes he also borrows money to gamble (which is very bad). Truth of the matter is that gamble is not a game someone should put his hope on because many times only the unexpected things depend.