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

[stomachgrowls]

~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.

No doubt on which this is indeed an addicted gambler on which we know that on the moment or time that we do borrow money or taking up some loan just for us to gamble on which this is a solid indication that you are that addicted too much with gambling on which this one will really that very dangerous on someones life if they will really be that tolerating out such addiction. Gambling isnt that bad as long you do really know on how to control it. We arent talking about bravery on here because on the time or moment that you do consider on playing gambling then if you are someone whose thinking up sensibly about your finances then you wont be having any issues with gambling itself since you are aware with the actions you are making. On the time that you are already that taking up some loans the this is things where do start to get messy.

Borrowing money is never been that recommended on which at the time or moment that you will be doing gambling then you should really be that make use of the amount on which you can afford to lose. Never ever consider out on doing gambling if you cant be able to handle up well on what gambling brings. Usually people do become that impulsive at the time that they do lose money on which i could say that this is indeed pretty normal because there are conditions or situations that we are really that testing out our patience and on the moment that you cant be able to control then this is where problem do starts.

[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.

<>

Borrowing money for gambling is bad but gambling itself isn't bad when you can control your emotions and not allow greed decide for you if to continue or quite.
However, as I have said earlier that only an addicted gambler or someone who's gradually becoming addicted to gamble borrows money for gambling.. when a gambler noticed that he's gradually becoming an addicted gambler, he should seek for help and set boundaries and also reduce his his time and resources he or she spend on gamble daily.

[Iranus]

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.

It sounds pretty harsh but as I said before and I agree with you, only addicts borrow money to gamble and think that is how they can fulfill their dreams. I am pretty sure that a regular gambler would never intend to borrow money just to gamble and daydream. Also, spending too much time researching gambling and thinking that we have found a strategy that can bring high profits is also a sign of gambling addiction. Because gambling is essentially a game of chance, it is not a form of business or investment where strategies can be applied to win.

[knowngunman]

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?

Is this actually a brave move? Hell No IMO

Even in business it's not advisable to borrow money to start up because it doesn't always end up as expected and you might end up in debt. Considerably, if you are already into the business but lack capital to boost the business, you might consider borrowing money since you already know the direction of your business. It is a total different thing when it comes to gambling where there is no direction. You win today does not mean you are going to win again tomorrow and thinking of borrowing money to fast-track your success would be the most risky decision to take.

Now, can we all agree we are not longer playing for fun?   Well, I'm sure people have done that numerous times including a friend of mine. The good thing is that it doesn't normally end well and no reasonable gambler will think of imitating such risky adventure.

[Hirose UK]

Borrowing money for gambling is bad but gambling itself isn't bad when you can control your emotions and not allow greed decide for you if to continue or quite.
However, as I have said earlier that only an addicted gambler or someone who's gradually becoming addicted to gamble borrows money for gambling.. when a gambler noticed that he's gradually becoming an addicted gambler, he should seek for help and set boundaries and also reduce his his time and resources he or she spend on gamble daily.

Not only that, because someone who is not gambling addict can still borrow money and use it as betting capital, they are people who cannot accept defeat, such as the example of people I used to know who first tried to play and lost some money until finally they thought about borrowing money and trying to recover the defeat.
Attitude determines person in gambling, unfortunately many people even fail to have the right attitude, they have been blinded by ambition and also bad approach to the purpose of entering gambling.
There are so many problems for each individual related to gambling and conditions like this seem like they will never be able to be completely eliminated.

[rachael9385]

Borrowing money for gambling is bad but gambling itself isn't bad when you can control your emotions and not allow greed decide for you if to continue or quite.
However, as I have said earlier that only an addicted gambler or someone who's gradually becoming addicted to gamble borrows money for gambling.. when a gambler noticed that he's gradually becoming an addicted gambler, he should seek for help and set boundaries and also reduce his his time and resources he or she spend on gamble daily.

Not only that, because someone who is not gambling addict can still borrow money and use it as betting capital, they are people who cannot accept defeat, such as the example of people I used to know who first tried to play and lost some money until finally they thought about borrowing money and trying to recover the defeat.
Attitude determines person in gambling, unfortunately many people even fail to have the right attitude, they have been blinded by ambition and also bad approach to the purpose of entering gambling.
There are so many problems for each individual related to gambling and conditions like this seem like they will never be able to be completely eliminated.

Actually, you are right, I also thought about that but didn't pay much attention to it. However, those who do not accept defeat are the angry set of people. The reason why they can't accept defeats is probably because they are disappointed about their loss, and they also believe that when they borrow and continue gambling they will probably win and recover their loss. And those sets of gamblers can easily blame anyone for their failures, like when accumulating multiple games, and only one among them cut the ticket, the gambler makes up excuses and also blames the team for it. These sets of gamblers that don't accept defeats sometimes miss a lot of opportunities and advise from people because when other responsible gamblers see how they gamble, they won't go to them and advise them because they know that they won't listen.

[Dr.Bitcoin_Strange]

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.

That was the reason why I said that any gambler that wants to take such kind of risk needs to have a backup plan which is supposed to be a plan of how to get the money to repay the loan if they are not able to win their bet. If perhaps the person takes a huge amount and risk it all at once or perhaps divided the money into three place and wager thrice, there's no guarantee by the casino that he or she can be lucky those three times and once they are unlucky and lose the money, it can not come back and they will remain in debt unless they have another source of income to repay that loan.  In my opinion, it's better to use loan money and invest into Bitcoin than use loan money to gamble.

[Wakate]

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.

It sounds pretty harsh but as I said before and I agree with you, only addicts borrow money to gamble and think that is how they can fulfill their dreams. I am pretty sure that a regular gambler would never intend to borrow money just to gamble and daydream. Also, spending too much time researching gambling and thinking that we have found a strategy that can bring high profits is also a sign of gambling addiction. Because gambling is essentially a game of chance, it is not a form of business or investment where strategies can be applied to win.

Borrowing money to gamble is something one need to think about unless you are already into the system for a long period of time. People are taking risks and they don't care at all which is why we would keep seeing people that are making money in gambling because of their risk taking habit. People that don't take risk are the ones that already complained that they are scared to bet on a particular game with huge amounts of money, why risk taking gamblers would not mind to use use amount because of the risk taking habits.  It is not everybody that can do this which is why we should endeavor to gamble responsibly if we can not take such risk as gamblers.

[gunhell16]

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?

My understanding is that gambling is a different category, you know, casino, where our capital will only rely on luck and there are no skills involved, especially if it is slot games that you are allocating to play so that you can grow your money by entering the casino online or physical casino.

Meanwhile, taking risks because of business is not so specific if you know and understand the business you are going to build and allocate capital because you know what you will do to grow it and manage it properly, without thinking that you will get lucky.

[AbuBhakar]

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?

Nah, Gambling is a different world than business despite you have skills. Gambling games needs a huge factor of luck in able to become successful together with your skills. You can’t dominate gambling with pure skills even with poker if you don’t have luck on your side since there’s always a scenario which is still unknown on your game like drawing the last card of the dealer that will decide your winning potential.

Borrowing money incorporates interest which means you already lose part of your borrowed money the moment you gamble plus the house edge that gives you negative EV in the long run.

Overall, it’s not a good idea!

[Natalim]

Gambling games needs a huge factor of luck in able to become successful together with your skills.

I’d definitely choose to switch the focus to more skills and less luck. Since we’re talking about skill-based games, it makes sense to emphasize skill over luck, otherwise, discussing a topic where luck is the only factor wouldn’t be relevant.

Skills are essential for consistent wins, and that’s exactly what we aim for. If we’ve proven our skills work, we can start with a small bankroll to test the waters and gradually increase it as we gain confidence, that's it.

[summonerrk]

Even an unsuccessful experience in investing in a business, even if the money was borrowed, will be useful. Such an unsuccessful businessman will learn invaluable lessons and it will be very easy for him to create a new business later, already taking into account all the failures. But in gambling, any player, if he loses (which will most likely happen) will not learn any lessons, because in betting and gambling it is practically impossible to make any useful conclusions after a defeat. Therefore, I believe that it is generally incorrect to compare failure with borrowed money in gambling and business.

[D ltr]

~

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.

because borrowing money to gamble is not the right choice, where we definitely have 2 choices, win and lose, if we win it can even be more than the money we borrowed when it is really lucky, but if we lose, the debt must still be paid on time, we cannot avoid it and give reasons when it is due, and this will add to the burden of thought, it can be said to be mentally stressful if you are not used to being in debt

[Hewlet]

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 to start a business can never be the same as borrowing money to go into gambling and no one will be willing to give you money for you to use in gambling but if it comes to business, its easy to see lenders that will be willing to give the money out with little requirement of a collateral. the exposure to risk that comes with gambling far exceed that of starting a business and even if you can equally lose the capital you used in starting the business, it wont be as fast as what will be the case with gambling. i can never put myself in a position where because of the level of knowledge i have in gambling i will now go on to take up a loan for gambling. on the other hand, i will not also agree to give out my money to another gambler even if he claims to be very sure of his prediction.

this reminds me of a friend telling us to give him the group contribution contribution money so he can use it to play some bet and then double the money so it will easily get to the amount we are hoping to get for the project we hope to execute. even though we know the possibility of luck shining on him, the obvious risk is more than the gain and so we never took that as an option.

[tabas]

Being a gambler and treating it as a business is doomed to fail. It is not wise, it is not brave to take a loan for you to gamble with. What people call that is being dumb. Doing things such as borrowing money to gamble because believing that you're good enough isn't going to work. Many have tried that already and they were able to lose a lot of money and even have more debts to pay. So, if there are people encouraging to do this, think of it if it's suitable to you. But to the real gamblers, they have already taken the risk and they can do this pretty easy.

[Nwada001]

That was the reason why I said that any gambler that wants to take such kind of risk needs to have a backup plan which is supposed to be a plan of how to get the money to repay the loan if they are not able to win their bet. If perhaps the person takes a huge amount and risk it all at once or perhaps divided the money into three place and wager thrice, there's no guarantee by the casino that he or she can be lucky those three times and once they are unlucky and lose the money, it can not come back and they will remain in debt unless they have another source of income to repay that loan.  In my opinion, it's better to use loan money and invest into Bitcoin than use loan money to gamble.

Every gambler should consider this before thinking about borrowing money to gamble: if they don't win, where are they going to get the money they will use for repaying the loan, and how long can the lender give them before asking for repayment?
 
Cases where I don't see borrowing to gamble as a bad thing are when the gambler already has a source of income or money, which they are expecting but can't be patient enough until they receive the money; in such a case they can borrow and pay back once they receive what they are expecting, and the outcome of the game they gamble with the money won't matter much again.

[mak013]

Being a gambler and treating it as a business is doomed to fail. It is not wise, it is not brave to take a loan for you to gamble with. What people call that is being dumb. Doing things such as borrowing money to gamble because believing that you're good enough isn't going to work. Many have tried that already and they were able to lose a lot of money and even have more debts to pay. So, if there are people encouraging to do this, think of it if it's suitable to you. But to the real gamblers, they have already taken the risk and they can do this pretty easy.

Sometimes it is possible situation. But it is really rare situation, for rare gamblers, for rare kinds of gambling.
I know few men, who use credit cards for sport betting. But it is their main income and they have no even month with negative balance. But during the month they can lose a week or even two. If they lose their bankroll that time - they use credit card. Credit is just an instrument and we have to use it wisely and in gambling it is much more difficult.
I don`t recommend anybody to borrow money for gambling, it is really one of the silliest things we can do and i myself even never think about it. But i have to mark that there are rare situations when it is possible.

[Kelward]

Being a gambler and treating it as a business is doomed to fail. It is not wise, it is not brave to take a loan for you to gamble with. What people call that is being dumb. Doing things such as borrowing money to gamble because believing that you're good enough isn't going to work. Many have tried that already and they were able to lose a lot of money and even have more debts to pay. So, if there are people encouraging to do this, think of it if it's suitable to you. But to the real gamblers, they have already taken the risk and they can do this pretty easy.

I believe that it is only addicted gamblers that can have that kind of thought to take a loan to gamble, it shows how desperate the gambler is to satisfy their craving. A regular gambler who gambles responsibly will never be that desperate about gambling to the extent of borrowing money to gamble. If you don't see gambling as a business where you can make steady income, then there's no need to consider borrowing for it because you don't know whether you'll win or not. Every gambler must understand that in gambling winning is by luck so take your chances with your own hard earned money.

[EarnOnVictor]

Borrowing money for gambling is bad but gambling itself isn't bad when you can control your emotions and not allow greed decide for you if to continue or quite.

Even from the title in the OP, it shouldn't be associated with bravery but cowardice, I don't know what the taking of a loan to gamble has to do with bravery if not for foolishness. No one with good psychology will stoop so low to secure a loan to gamble, that shouldn't even be for most certain games because gambling will always be a game of chance/luck, and by virtue, it is not certain. The certainty in any game only exists in illusion, so the faster we wear it off, the better for us.

[Dr.Bitcoin_Strange]

Every gambler should consider this before thinking about borrowing money to gamble: if they don't win, where are they going to get the money they will use for repaying the loan, and how long can the lender give them before asking for repayment?
 
Cases where I don't see borrowing to gamble as a bad thing are when the gambler already has a source of income or money, which they are expecting but can't be patient enough until they receive the money; in such a case they can borrow and pay back once they receive what they are expecting, and the outcome of the game they gamble with the money won't matter much again.

Yea, I do believe that the way there is individual differences, that's also how people's luck can vary. Someone can risk taking the loan to bet and luckily win their bet but before the persons takes such risk, just like you said, they should also think of the possible way of repaying the loan if they lose. Despite that people can be lucky at times but yet nothing is guaranteed. You are right mate.