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

[ethereumhunter]

Agreed with you. Rich folks don't spend unnecessarily because they have, rather they invest in what gives them more money. Rich people are scared of being poor because poverty is more than a nightmare both for a low salary earned and the rich. You only see a rich guy spend unnecessarily when they have more and am sure they don't spend unnecessarily all the time. Some of them believes gamble is for fun and that's why they gamble with their money just to have fun. Those that don't have money to gamble sometimes borrows money just to gamble because they thinking that gamble can provide profits for them as they think they are smart to win.

Rich people will always search for the new opportunities to have more source of incomes so they can increase their passive income. They know that their expenses is very big so they must have a big passive income to cover that and enjoy their time for doing many things they want. That is why rich people will not use gambling as their source of income but only for have fun with their colleagues and relatives for a while and not too long so they can back to their busy activities. They can consider gambling as a place to get entertainment and not for make money because they have many passive incomes that will generate money for them. They realize that borrowing money for playing gambling is not necessary but for other people, they will do that because they want to chase the winning.

Yes, that is how it is done, it is the smartest way to use the money you have, whoever uses money for any type of investment thinks about multiplying it in a well-worked way, whoever puts money in a casino to supposedly multiply it is making the worst decision they could make , I do not understand how a dream can be to grab money to multiply it in a casino, I know there are many inspiring stories about that, but particularly the conditions were ideal for those people at that time and they managed to emerge victorious, but the risk is too much,  I would not take it and I am very risky.

People should not try to multiply the money in casino because that will not easy as the casino can takes all of their money easily. If they don't want realize them, we can let them see what will happen to them because gambling needs to have luck to win but most of the time they will lose their money. Maybe only those who  have luck that can win many times while we are difficult so we don't have to try so hard like other people. Yes, the risk will be bigger and that is not worth to do if they reason to playing gambling is making money and not have fun.

[LUCKMCFLY]

You can also create and try different strategies on your own money, but almost all of them are also unsuccessful. You can understand this only after playing a lot, and if the strategies are very unsuccessful, then the loss of money will be very fast. It happens that some players, having come up with a strategy, do not want to test it with small bets, but are ready to bet everything on it, even take borrowed funds, which of course does not look like the smartest thing to do. Ultimately, it is better to test your theories on small bets, without borrowed funds.

Well, taking borrowed funds to test strategies is a very risky act, I really wouldn't do it, it seems to me that it is too much and it is beyond my limits, but to do that it is better to do it with a demo mode, with the demo mode you can do something like that without any problem and you can perfect it, so when you go to make a bet with real money you do it in a safer way, of course that is Something they don't do, they always test it with real money, but as I said before the risk is too much and Personally it would hurt me a lot to lose even 1 usd.

[Nothingtodo]

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?

Establishing a business by borrowing is the same as putting yourself in danger. Maybe I established a business by borrowing money at high interest rates or taking out a loan, but later on, it will be a real challenge to pay back the money, including interest, from the amount of money I will earn from the business. Therefore, caution should be exercised when establishing a business by taking out a loan or borrowing.

[Weawant]

The problem is that you will always need funds to be able to play, and if the person does not control himself then more funds will be needed to spend until he feels that everything is ready, that is why the game must be handled wisely, it is necessary to be careful, it should not be put before the basic things, if something like this happens it is because it is a step Close to being an accident, then prevention is preferable, it does not hurt that before playing one thinks how much money one is willing to lose and only waste that money, and from there on no more.

Consistent funding for me is a sign of responsibility in gambling  from my point of view, if it turns out that you actually do gamble with a good risk management skill, you will definitely not need that frequent funding as you can actually from the proceeds of your wins make new stakes and win more games from which you leave in your accounts or wallets as a deposit or capital to continue trading with after loosing some amounts at some point,  meanwhile you can still loos all your funds even with the risk management,  it's all part of the game.

[Huppercase]

Well, taking borrowed funds to test strategies is a very risky act, I really wouldn't do it, it seems to me that it is too much and it is beyond my limits, but to do that it is better to do it with a demo mode, with the demo mode you can do something like that without any problem and you can perfect it, so when you go to make a bet with real money you do it in a safer way, of course that is Something they don't do, they always test it with real money, but as I said before the risk is too much and Personally it would hurt me a lot to lose even 1 usd.

If I don't have my personal money to gamble, I will not borrow money to gamble it. If I'm going to borrow money that means I am broke right! And borrowing money means I'm only adding more repayment to any money I'm expecting later in the future, so if I gamble and I loss that is going to make me feel bad because borrowed money will looks like investment on my eye, there is no way I will be gambling because of fun with money I borrow from another person.

If you even borrow money that comes with terms and conditions, you will only be putting your self on strong thing because imagine that you are been given interest rate of 10% a month and you were planning to payback the money after winning your game only to win nothing, you will be accumulating interest rate of 10% for months and if it's even compounded, then you will be paying money you are not supposed to even pay in the first place.

[Nwada001]

Establishing a business by borrowing is the same as putting yourself in danger. Maybe I established a business by borrowing money at high interest rates or taking out a loan, but later on, it will be a real challenge to pay back the money, including interest, from the amount of money I will earn from the business. Therefore, caution should be exercised when establishing a business by taking out a loan or borrowing.

Unless it's an already existing business that just needs financial support that I can take out a loan to support, if not, it's not worth it to take out a loan to start up a business knowing the kind of challenges that new businesses face; if the person is not careful enough, the business might not be able to pay off that loan with interest; instead, the person will still be buried in debt.

[LUCKMCFLY]

Consistent funding for me is a sign of responsibility in gambling  from my point of view, if it turns out that you actually do gamble with a good risk management skill, you will definitely not need that frequent funding as you can actually from the proceeds of your wins make new stakes and win more games from which you leave in your accounts or wallets as a deposit or capital to continue trading with after loosing some amounts at some point,  meanwhile you can still loos all your funds even with the risk management,  it's all part of the game.

I think one thing, a person can do with his money whatever he wants, because in part things will always work out well for some and badly for others, but in general terms the simple fact of borrowing money to go play in a casino I don't see as something intelligent or as good management, but as I said before, everyone does with their money whatever they want and what they think is best.

[shasan]

I think one thing, a person can do with his money whatever he wants, because in part things will always work out well for some and badly for others, but in general terms the simple fact of borrowing money to go play in a casino I don't see as something intelligent or as good management, but as I said before, everyone does with their money whatever they want and what they think is best.

You are correct that anyone can do anything whether the person who is the owner of the money even the parents or any other member can't do anything to stop his/her decision though they can give advice about what to do and what to not. But the person must have to think which can save there person and which can not otherwise any bad thing may happen at anytime.

[Ever-young]

Living in the wonderland is pointless. We must confront reality. No strategy is proven and so it is very unwise for a gambler to go into borrowing simply because he has been lucky to win. Such a gambler will definitely lose and regret even conceiving such thought of going to borrow.

You are correct their is no perfect strategy that guarantee winning, no matter how good the person is with predicting game it does not guarantee 100% success so their is no point in borrowing money to gamble in such condition because at the end of the day the person will lose the money to gambling which is what the over confidence will cause, borrowing to gamble is not worth it.

[Eternad]

Living in the wonderland is pointless. We must confront reality. No strategy is proven and so it is very unwise for a gambler to go into borrowing simply because he has been lucky to win. Such a gambler will definitely lose and regret even conceiving such thought of going to borrow.

You are correct their is no perfect strategy that guarantee winning, no matter how good the person is with predicting game it does not guarantee 100% success so their is no point in borrowing money to gamble in such condition because at the end of the day the person will lose the money to gambling which is what the over confidence will cause, borrowing to gamble is not worth it.

I think borrowing per se is not main issue assuming that the person has the capability to pay. The interest rate of the loan is the main issue why gambler shouldn’t consider loaning just to gamble because of an immediate loss the moment he borrowed money.

Gambling has a house edge while combining it with the growing interest rate makes gambling experience in disadvantage.

So it’s better to play using your free money because you will not have any obligation to pay an interest or owe anyone when you loss.

[shasan]

I think borrowing per se is not main issue assuming that the person has the capability to pay. The interest rate of the loan is the main issue why gambler shouldn’t consider loaning just to gamble because of an immediate loss the moment he borrowed money.

Gambling has a house edge while combining it with the growing interest rate makes gambling experience in disadvantage.

So it’s better to play using your free money because you will not have any obligation to pay an interest or owe anyone when you loss.

For those who have no alternative way to repay the loan except winning on gambling those interest rates are not a fact as they won't be able to repay the loan if they lose and if win the interest rate doesn't fact as the borrower will repay from the winning. And that's why no users who have self-control do not want to take any loan whatever the interest rate is.

[Kristiyana]

I think borrowing per se is not main issue assuming that the person has the capability to pay. The interest rate of the loan is the main issue why gambler shouldn’t consider loaning just to gamble because of an immediate loss the moment he borrowed money.

Gambling has a house edge while combining it with the growing interest rate makes gambling experience in disadvantage.

So it’s better to play using your free money because you will not have any obligation to pay an interest or owe anyone when you loss.

For those who have no alternative way to repay the loan except winning on gambling those interest rates are not a fact as they won't be able to repay the loan if they lose and if win the interest rate doesn't fact as the borrower will repay from the winning. And that's why no users who have self-control do not want to take any loan whatever the interest rate is.

This is the common mistake most gamblers always make, borrowing money without any other means of paying back the loan. What if the outcome did not work as he/she expected, how will he/she manage to pay back the loan? Well is obvious that this always happen as a result of being addicted into gambling. Because a responsible gambler will not think of taken a loan, even if he do, at least he will make sure that he has other means in which he can use to pay back the loan.

[jossiel]

You are correct their is no perfect strategy that guarantee winning, no matter how good the person is with predicting game it does not guarantee 100% success so their is no point in borrowing money to gamble in such condition because at the end of the day the person will lose the money to gambling which is what the over confidence will cause, borrowing to gamble is not worth it.

Gamblers only borrow money when they want to continue but they are out of balance. There is no guarantee that upon borrowing, they'd win.

You guys are right about it and that's why even if they borrow a thousand times, there is no guarantee they'd win but they will increase their chance of winning because they have money to gamble again.

But the matter here, they're about to lose money once again and could enter into a cycle.

[shasan]

This is the common mistake most gamblers always make, borrowing money without any other means of paying back the loan. What if the outcome did not work as he/she expected, how will he/she manage to pay back the loan? Well is obvious that this always happen as a result of being addicted into gambling. Because a responsible gambler will not think of taken a loan, even if he do, at least he will make sure that he has other means in which he can use to pay back the loan.

Those who are not aware about responsible gambling and only addicted on gamble may take a loan from any known or unknown people or from the forum member but if the person make loss on that gambling then the person might not be able to repay the loan if there is no alternative way and if so the person may loss his/her reputation and made loser of the lender ass well.

[Zadicar]

This is the common mistake most gamblers always make, borrowing money without any other means of paying back the loan. What if the outcome did not work as he/she expected, how will he/she manage to pay back the loan? Well is obvious that this always happen as a result of being addicted into gambling. Because a responsible gambler will not think of taken a loan, even if he do, at least he will make sure that he has other means in which he can use to pay back the loan.

Those who are not aware about responsible gambling and only addicted on gamble may take a loan from any known or unknown people or from the forum member but if the person make loss on that gambling then the person might not be able to repay the loan if there is no alternative way and if so the person may loss his/her reputation and made loser of the lender ass well.

When you are addicted then you cant be able to think up well and this usually happening into those people who are really that liking to deal up with gambling. They wont really be that thinking about on the risks that they can be able to deal up at the time that they will be getting some loans just for the sake of making money on which its never been worth on doing so in the first place. You wont be finding any issues if you are really just that sensible into the actions that you are taking and its never been worth nor being safe on taking up some loan just for you to gamble. We do know that gambling should really be just that for fun but at the time or moment that you had made out some considerations on taking up some loan just to gamble then this is a solid sign or indicates that you are already that heavily addicted with gambling and this is where you should be that careful into the actions that you are taking because sooner or later your financial status will be that totally blown up and ending up on having that huge regret into your life.