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

[ethereumhunter]

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 fine to take a risk. It's fine if you stake more than the amount you'd normally place on a bet and it's also fine if you sometimes use more than your gambling budget, as long as you know what you're doing, and like the saying goes "no risk, no reward." However, no matter how confident you're about your strategy or skill, one thing I wouldn't advice is not to sell your property to gamble all in the name of taking risk. One day, you might sell something valuable and not be able to recover it back.

Before you decide something, you need to know how big the risks and what is the risk so you can know how to manage the risk. But many people will not do that as they underestimate the risk behind of what they do so when the risk becomes big, they will difficult to manage the risk and lose their money. Even if you use more than your gambling budget is okay, it is better you don't do that because you never know how big the risk will be. But it is right that "no risk, no reward" but we must realize if we can handle the risk or not so we don't make ourselves in trouble. But playing gambling no need to borrow money from other people because that will just gives us a problem. It is better we allocate some money to playing gambling to avoids the problem.

[LUCKMCFLY]

That's exactly how I felt when I read through this topic and also through some comments. It doesn't make any sense to take such kind of risk all for the sake of fulfilling some gambling urge or to make money, instead I will rather invest such loan on Bitcoin, like you said, by so doing, I am guarantee of the expected profit and also guaranteed that my money  will not waste. If I put such loan money in gambling and lost it, that's a waste of capital.

Yes, it is the best risk of all, we also have to Consider that if we ask for a loan we have to have the ability to pay the interest + capital and thus we could Guarantee perfect control of our finances, when you invest and borrow for btc it is not bad as many Believe , at any time that can pay for itself, we have to take a risk, but it is a thousand times better to borrow to buy btc than to go play in a casino, which for me whoever does that loses the loan money and is worse off.

[stomachgrowls]

That's exactly how I felt when I read through this topic and also through some comments. It doesn't make any sense to take such kind of risk all for the sake of fulfilling some gambling urge or to make money, instead I will rather invest such loan on Bitcoin, like you said, by so doing, I am guarantee of the expected profit and also guaranteed that my money  will not waste. If I put such loan money in gambling and lost it, that's a waste of capital.

Yes, it is the best risk of all, we also have to Consider that if we ask for a loan we have to have the ability to pay the interest + capital and thus we could Guarantee perfect control of our finances, when you invest and borrow for btc it is not bad as many Believe , at any time that can pay for itself, we have to take a risk, but it is a thousand times better to borrow to buy btc than to go play in a casino, which for me whoever does that loses the loan money and is worse off.

Loan would really be just that relevant at the time or moment that you do involved with investment or business but if you are making use of this amount or loan into gambling then this will really be that a huge issue and this is where you should really be considering out on not to take up such step because at the time or moment that you will be having this kind of actions like taking up a loan or borrowing money because you are doing gambling then it will really be that a huge problem for you.On the time or moment that you will be taking up such step then you will definitely be having that very huge problem when it comes to financial and we do know that regret do always come at the end.

Deal up with gambling for entertainment purposes and never ever make yourself thinking that gambling will really be that making an income source. Never ever make yourself having this kind of approach because at the time or moment that you do have this kind of mentality on trying out to make some money out of gambling on which it do comes into a point that you are already taking up some loan or borrowing then this do solidly indicates that you are already addicted to it and this is something that you should be considering on stopping right away. Never ever having this kind of treatment because you will definitely be facing up that huge financial issues or problems.

[Fiasem20]

First, I'll say borrowing money for gambling to fulfill your dreams is not a way for gambling responsibly.Anyone can borrow money to gamble but if you can't manage the risk then avoid doing such,I don't classify those deeds as risk though,they fall under the category of "negligible risk".There are lot of ways one can fulfill his/her dreams and not gambling,if you're gambling to fulfill your dreams that shows that you're not gambling for fun.
As a gambler, it's important not to lean on your gambling skills because the chance of winning is by luck and not by strategy.Your strategy may fail you the day you needed it the most,it could be the day you decided to take out a loan.Those gamblers borrowing money to gamble are the ones tarnishing the gambling industry,when they end up not winning it's either they commit suicide or harm their bodies.I also came across a news on gambling discussion about a man who tragically took his own life after losing a bet.

[AYOBA]

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?

A gambling is something that if a person didn’t have his own personal money should not go and borrow to gambling, because it involves of so may risks that if a person borrowed money and been having hope that if he cash out in a gambling it will pay back the. So my question is that what if the all the money gone without receiving any single gain.

That’s if is very important for anyone who has interest on a gambling should try and know the main steps of gambling so that even when it comes to lose it will has the limit losing: but I will rather have my own personal money then borrowed from someone that cannot listen to you if the money he gave to you has crash.

[Dewi Aries]

That's exactly how I felt when I read through this topic and also through some comments. It doesn't make any sense to take such kind of risk all for the sake of fulfilling some gambling urge or to make money, instead I will rather invest such loan on Bitcoin, like you said, by so doing, I am guarantee of the expected profit and also guaranteed that my money  will not waste. If I put such loan money in gambling and lost it, that's a waste of capital.

Yes, it is the best risk of all, we also have to Consider that if we ask for a loan we have to have the ability to pay the interest + capital and thus we could Guarantee perfect control of our finances, when you invest and borrow for btc it is not bad as many Believe , at any time that can pay for itself, we have to take a risk, but it is a thousand times better to borrow to buy btc than to go play in a casino, which for me whoever does that loses the loan money and is worse off.

Yes, it should be like that, in the sense that when someone wants to take out a loan, they have to make sure that one day they will be able to pay off the debt along with the amount of interest as you said, but it is a fact that it seems that gamblers think that they never think or think about how they will pay it off later, usually the difficulty of making such considerations is due to those who are being controlled by emotions in themselves which indirectly cloud their perspective from a healthy way of thinking and that is also the reason why in the end they often end up in debt and experience a much worse situation in their lives.

On the other hand, one of the reasons why I would agree with your opinion that borrowing money for bitcoin is much better than gambling is because it has been clear since 2009 that bitcoin has had very good prospects and indeed many have also succeeded in making a lot of profit there, although risky but the risk is not too big or what I mean is very different from gambling where when you lose it means you lose all your money, the point is to use your common sense every time you want to make a decision.

[Onyeeze]

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 risk and I know that a success of gambling is when you are opportune to win in the gambling, but a process whereby you have not win anything in the gambling, gambling you can win gambling now and tomorrow you may not win gambling, so if you're participating in the gambling you have conscious of yourself, in the aspect of not believing that you will make profit at all time, I can not say gambling is a business from my understanding, gambling is just a something of trial,  because when you gamble to make money you might end up losing everything from my understanding,people do says that gambling is a skill, nobody learn of gambling and we don't have school of gambling, so I will not agree that gambling can be a skill

[OgNasty]

Borrowing money to gamble seems like pretty self destructive behavior. Financially it is a bad idea and even if you win it is just teaching you poor risk reward skills. I think entertainment is better served as a reward for a job well done then something you go into debt to get. If you don’t have money to lose, don’t borrow it to lose it.

[Lidger]

Whether we can fulfill all our dreams will depend on our own skills and our own actions. Dreaming may be easy but realizing that dream is difficult. And the road to dream realization is always difficult. If we think we can achieve all our dreams by just gambling without hard work then I would say we are totally wrong. We always have to follow the people who started from zero to own the biggest companies in the world today. But there is nothing in the background of those people that they have built such a big company by gambling and because of this gambling they have become the biggest businessmen in the world today. We should give more importance to the work in which we have skills and experience and do more of that work. There is an age of hard work, the more we work at that particular time, the easier it will be for us to achieve success. So we have to focus on hard work, discard the thought of achieving big things with little effort.

[Hirose UK]

A gambling is something that if a person didn’t have his own personal money should not go and borrow to gambling, because it involves of so may risks that if a person borrowed money and been having hope that if he cash out in a gambling it will pay back the. So my question is that what if the all the money gone without receiving any single gain.

But people will think they can win and they can profit so they dare to take loans with the belief that the victory they get can pay off all their debts, usually people like this are addicts and they are fools who are willing to do anything to keep fulfilling their desire to gamble.
And if all the money is gone then what can be done is to borrow money again or sell and pawn valuables to be able to pay off their debts or even use it to gamble again, there have been many cases like this out there.

[junder]

But people will think they can win and they can profit so they dare to take loans with the belief that the victory they get can pay off all their debts, usually people like this are addicts and they are fools who are willing to do anything to keep fulfilling their desire to gamble.
And if all the money is gone then what can be done is to borrow money again or sell and pawn valuables to be able to pay off their debts or even use it to gamble again, there have been many cases like this out there.

someone who is addicted can think like anything even they can ignore the risk side which is actually a bigger chance of happening, when they run out of money to bet then there will be an urge in them to continue gambling with a thirst for victory and make them want to continue gambling no matter what, one of which is borrowing money to get money and gamble again.

also as you said by hoping for a victory that can cover all their debts and losses. If we predict to the root in the end they will sell the property or assets they own when gambling with the borrowed money also does not produce a victory, to pay off debts or losses experienced previously.

[hyudien]

A gambling is something that if a person didn’t have his own personal money should not go and borrow to gambling, because it involves of so may risks that if a person borrowed money and been having hope that if he cash out in a gambling it will pay back the. So my question is that what if the all the money gone without receiving any single gain.

But people will think they can win and they can profit so they dare to take loans with the belief that the victory they get can pay off all their debts, usually people like this are addicts and they are fools who are willing to do anything to keep fulfilling their desire to gamble.
And if all the money is gone then what can be done is to borrow money again or sell and pawn valuables to be able to pay off their debts or even use it to gamble again, there have been many cases like this out there.

They can't control their desire to gamble and it is because of addiction, so they will do anything to be able to fulfill what they want, including borrowing money and maybe they will even dare to steal.
It is not recommended and I even say that we should avoid things like this, because after all this will be a bigger problem. Even if we are someone they want to lend money to, then we can refuse it for whatever reason. Because if we give them a loan, then it is the same as us taking part in something bad for them.

[Muba20]

A gambling is something that if a person didn’t have his own personal money should not go and borrow to gambling, because it involves of so may risks that if a person borrowed money and been having hope that if he cash out in a gambling it will pay back the. So my question is that what if the all the money gone without receiving any single gain.

But people will think they can win and they can profit so they dare to take loans with the belief that the victory they get can pay off all their debts, usually people like this are addicts and they are fools who are willing to do anything to keep fulfilling their desire to gamble.
And if all the money is gone then what can be done is to borrow money again or sell and pawn valuables to be able to pay off their debts or even use it to gamble again, there have been many cases like this out there.

They can't control their desire to gamble and it is because of addiction, so they will do anything to be able to fulfill what they want, including borrowing money and maybe they will even dare to steal.
It is not recommended and I even say that we should avoid things like this, because after all this will be a bigger problem. Even if we are someone they want to lend money to, then we can refuse it for whatever reason. Because if we give them a loan, then it is the same as us taking part in something bad for them.

Those who borrow are more in debt, which is why it is better to gamble with own money rather than borrow. Many people gamble by borrowing money, especially because of addiction, and such gamblers do this more often. But for those who are not addicted and are in a position to repay the money, borrowing will not be a bad thing. It is best to gamble with your own money. If a gambler can gamble without any kind of mental pressure, he will win comparatively more. On the other hand, if he does not repay the loan, then he will lag behind in taking the right decision in gambling due to stress. Generally, borrowing money is easy for those who have the courage and ability to repay that money.

[South Park]

Those who borrow are more in debt, which is why it is better to gamble with own money rather than borrow. Many people gamble by borrowing money, especially because of addiction, and such gamblers do this more often. But for those who are not addicted and are in a position to repay the money, borrowing will not be a bad thing. It is best to gamble with your own money. If a gambler can gamble without any kind of mental pressure, he will win comparatively more. On the other hand, if he does not repay the loan, then he will lag behind in taking the right decision in gambling due to stress. Generally, borrowing money is easy for those who have the courage and ability to repay that money.

Borrowing money to gamble is simply unacceptable, and this is because gambling is not a source of profits but of entertainment, so there is no justification at all to borrow any sum no matter how small it could be, since once you take that step then you will be tempted to do it again and again, which could lead you to a massive debt you may be unable to pay, and all of this over an activity that is not really necessary on our lives.

[LogitechMouse]

That's exactly how I felt when I read through this topic and also through some comments. It doesn't make any sense to take such kind of risk all for the sake of fulfilling some gambling urge or to make money, instead I will rather invest such loan on Bitcoin, like you said, by so doing, I am guarantee of the expected profit and also guaranteed that my money  will not waste. If I put such loan money in gambling and lost it, that's a waste of capital.

Yes, it is the best risk of all, we also have to Consider that if we ask for a loan we have to have the ability to pay the interest + capital and thus we could Guarantee perfect control of our finances, when you invest and borrow for btc it is not bad as many Believe , at any time that can pay for itself, we have to take a risk, but it is a thousand times better to borrow to buy btc than to go play in a casino, which for me whoever does that loses the loan money and is worse off.

TBH, asking for a loan just to have funds to gamble is a no-no already, but there are some gamblers especially those addicted ones that are still doing because... because they believe that they can recover their losses, or they can make huge money in gambling. I agree with what you said that before taking a loan, make sure that you have funds to use to pay that loan on a monthly basis at least.

Still, I'm not brave enough to borrow money just for the sake of gambling especially now that we know that in the long run, there's a huge chance that we will end up losing our money. You might reach 0 capital first before doubling your initial capital, and that would mean double-trouble for you because you will also think about paying those loan alongside the money that you lost. I can fulfill my dreams in a different way, and gambling isn't one of the ways that I see. Let's not gamble an amount that we can afford to lose... same with investing. Gamble what you can afford to lose.

[I_Anime]

Those who borrow are more in debt, which is why it is better to gamble with own money rather than borrow. Many people gamble by borrowing money, especially because of addiction, and such gamblers do this more often. But for those who are not addicted and are in a position to repay the money, borrowing will not be a bad thing. It is best to gamble with your own money. If a gambler can gamble without any kind of mental pressure, he will win comparatively more. On the other hand, if he does not repay the loan, then he will lag behind in taking the right decision in gambling due to stress. Generally, borrowing money is easy for those who have the courage and ability to repay that money.

Borrowing money to gamble is simply unacceptable, and this is because gambling is not a source of profits but of entertainment, so there is no justification at all to borrow any sum no matter how small it could be, since once you take that step then you will be tempted to do it again and again, which could lead you to a massive debt you may be unable to pay, and all of this over an activity that is not really necessary on our lives.

Exactly, most folks usually decieved themselves with the idea of small loan , that they can easily pay not knowing that once you start it they will be tempted to go again just as you said. So the best thing to do is to avoid it and not to take gambling as something you wanna use to get wealthy fast .

Rather anytime you don't funds to gamble, don't gamble at all wait till you have any Extra bucks to spare ( like some discretionary funds), because gambling not something you should approach wrongly because it can ruin your life .

[Oluwa-btc]

I personally do not dare to borrow money to gamble, because borrowed money does not guarantee that we can win every game, but most people who borrow money will all have bad luck, will lose quickly, unlike if we gamble with money that is not borrowed, playing without emotion will always be relaxed without burden

Let me thrill you with this, yes we all know borrowing money is bad especially to continue gambling activities but do you know that borrowed money when used to gamble usually results to win that's why you see most people going such extra miles to do so, definitely what you think isn't that effective most times but nevertheless borrowing money for gambling is a bad sign that you may not pay back.

[Asiska02]

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?

That’s not bravery but that is a very big mistake no one should try because the repercussions are not very conducive and can make you to lose more than expected. Borrowing money to use for a game that is base on luck is not even sounding appealing, I might rather call it being naive and can lead to more financial instability again.

Once the money you’ve set aside for gambling is exhausted, it’s advisable to stop to gamble at that time or it might incur you more loss if luck is not on your side. It was suppose to be a game of fun and not a revenge game game kind of mindset some people approach it with when they loss money.

Winning and losing are all part of life tussle and for you to be successful, some risks have to be taken but not as much that will make you feel uncomfortable, like borrowing money to bet when you can’t afford to play a game or having any intuition that you’ll win the next game bigger.

[Dr.Bitcoin_Strange]

That's exactly how I felt when I read through this topic and also through some comments. It doesn't make any sense to take such kind of risk all for the sake of fulfilling some gambling urge or to make money, instead I will rather invest such loan on Bitcoin, like you said, by so doing, I am guarantee of the expected profit and also guaranteed that my money  will not waste. If I put such loan money in gambling and lost it, that's a waste of capital.

Yes, it is the best risk of all, we also have to Consider that if we ask for a loan we have to have the ability to pay the interest + capital and thus we could Guarantee perfect control of our finances, when you invest and borrow for btc it is not bad as many Believe , at any time that can pay for itself, we have to take a risk, but it is a thousand times better to borrow to buy btc than to go play in a casino, which for me whoever does that loses the loan money and is worse off.

Some person thinks that all kind of risk are the same but they fail to understand that some risk will take away your money (capital) without giving it back, while some risk can only make you to lose some percentage of your capital when the value of your asset depreciates but it is still possible that it can grow again and still give you profit.
Risking loan money on gambling is not wise, can only make players lose money.

[LUCKMCFLY]

Deal up with gambling for entertainment purposes and never ever make yourself thinking that gambling will really be that making an income source. Never ever make yourself having this kind of approach because at the time or moment that you do have this kind of mentality on trying out to make some money out of gambling on which it do comes into a point that you are already taking up some loan or borrowing then this do solidly indicates that you are already addicted to it and this is something that you should be considering on stopping right away. Never ever having this kind of treatment because you will definitely be facing up that huge financial issues or problems.

It is a fact that when it comes to loans and all this, it is better to do it when there are needs or emergencies, it is somewhat safer to do it that way, a loan will always be one of the things that are not financially Advisable , and this can bring about other things, stress, extreme obligation to comply and not to lose reputation, and considering that things have to be one at another level, interests that should not be stopped paying, a capital that increasingly makes the Debt larger and this leads to more concerns.