gambling scenario

[Russlenat]

You were experimenting with sports betting and found yourself profitable with your strategy. However, you can’t raise a bigger bankroll to generate larger profits. Then there’s this one guy who believes in you and is willing to lend you money, of course, with interest, almost like a loan shark rate. The question is, would you see this as an opportunity or just a trap?

[Odusko]

There is no winning strategy in gambling, every strategy is subjective to the reality of the game and at that things can change it n whatever time, so don't get confused with those little winnings you hard a few times.
Borrowing to gamble with is a red flag, unless you have other means to pay back the loan if and when you lose the money, and become bankrupt.

would you see this as an opportunity or just a trap

My answer to this is NO

[Agbamoni]

It's just a trap my friend judging from experience. There was a time it seems I was getting it clear in spots betting.  I had to share my winning screenshot to my brother and one of my friend. My brother became interested and sent me money to play alongside when am playing mine. I dont know how I  start losing after that money get to me.

To cut the story short, taking money from people will leave you with over confidence and you may start to lose your bet. Also, because you now have a bigger bankroll to play with, you may decide to change the strategy you use when you were winning.

[passwordnow]

You were experimenting with sports betting and found yourself profitable with your strategy. However, you can’t raise a bigger bankroll to generate larger profits. Then there’s this one guy who believes in you and is willing to lend you money, of course, with interest, almost like a loan shark rate. The question is, would you see this as an opportunity or just a trap?

A trap.
It's never a good idea to gamble with other's money. And with this, if this money is going to serve as a loan, I'll just use my spare money and get a smaller profits than having to stress myself paying out the interest if things didn't go as expected. I don't think that person believes on me because if I win, he'd win. But if I lose, I only lose? That's not a good situation to get in. Don't be blinded by the larger bankroll that we have, the larger profits that we'll get.

[Charles-Tim]

I do not believe anyone can see a means to make money from gambling and betting to the extent he sees it as an opportunity which is the profitable strategy that you mean.

Also anyone in such situation should see it as a trap. I do not think anyone will want to borrow someone money to gamble.

[Cantsay]

I’ll take it as a trap, because first it’s not advisable to take loan to bet - if indeed your strategy is good then you should be able to use it to raise your little money into a larger amount and then continue with your strategy to increase it further more.

If anyone should take this offer they’ll most likely just fall into debt that they won’t be able to pay back easily - no strategy, no matter how tight it may look is 100% loss proof  - you taking that loan and gambling it would be the biggest mistake you could ever make.

[Accardo]

Of course they'll be no going back when I'm feeling that combo, though 50/50 opportunities requires close examination before giving it a shot, the aid is intriguing. However, it gets to be a trap for being a loan, in the sense that the previous winner may be in a hot soup if his prediction fails and as well has no extra funds to pay back. But in that mode, it'll be hard to ignore or refuse such a golden assistance

[mirakal]

There is no certainty with gambling. If you win today, that won’t guarantee that you will be winning the rest of the week or the rest of the month. Same like, your strategy may work today but we don’t hold the assurance if it’s still going to work in the next days or weeks. That’s how unpredictable gambling is, that’s why if you take risk in taking a loan, think of it multiple times. You might even drain your whole account before you will hit a big win in gambling.

[yahoo62278]

You were experimenting with sports betting and found yourself profitable with your strategy. However, you can’t raise a bigger bankroll to generate larger profits. Then there’s this one guy who believes in you and is willing to lend you money, of course, with interest, almost like a loan shark rate. The question is, would you see this as an opportunity or just a trap?

If the "strategy" is so good build slow and get to the big bankroll. There's nothing that says you can't start small. The issue with borrowing is what if the strategy fails and you now owe an amount you can't pay? Is it really worth the risk?

[BitMaxz]

My answer to this is NO

What do you mean "NO"? Honestly, it's a trap. If you lose your whole bankroll you won't be able to pay them. The worst thing is, like in some movies, lenders have the power to threaten your life.
I never had the experience of lending just to increase my bankroll or use it to gamble. For me, that's a bad decision because those lenders who offer loans for gambling have high interest rates. They will only make you sink and won't be able to pay in the future unless you are consistently lucky to win on sports betting.
But still, it's risky to take a loan for gambling.

[Slow death]

I would definitely see it as a trap. It also makes no sense that a person who is making a profit from sports betting needs to take out a loan or ask other people for money so he can make more money. He can simply reinvest the profits. For example, if a guy has a bankroll of $10 and bets on games with odds of @2.00 and puts $1 on each game,

that means he will make a profit of $1 on each bet. He just needs to bet on 10 games and have 10 wins for his bankroll to go up to $20. Then he can increase it to $2 on each bet and he will have a profit of $2 per bet. In less than 3 months, the person's bankroll will be very large without needing a loan.

[Odusko]

My answer to this is NO

What do you mean "NO"? Honestly, it's a trap. If you lose your whole bankroll you won't be able to pay them. The worst thing is, like in some movies, lenders have the power to threaten your life.
I never had the experience of lending just to increase my bankroll or use it to gamble. For me, that's a bad decision because those lenders who offer loans for gambling have high interest rates. They will only make you sink and won't be able to pay in the future unless you are consistently lucky to win on sports betting.
But still, it's risky to take a loan for gambling.

That is the NO in my statement, meaning it a red flag to take loan to gamble with, since there is a tendency you gonna lose the money and won't be able to pay back such loans, it a way to get ops indebted and possibly have to give up some collateral items if the matter goes hea ways, sport betting and blackjack can give such low income bets success but when the stake increases so the risk also.

[ryzaadit]

Trap, as well... traps.

Just ask him, sell your house, cars and other and use thats. If you feels the strategy are work, remember..... if someone having a ways to get rich they will use it by them self not gonna to ask other people to joins.

That's the moto of my life, in investment or other are involved about money.

[shasan]

You were experimenting with sports betting and found yourself profitable with your strategy. However, you can’t raise a bigger bankroll to generate larger profits. Then there’s this one guy who believes in you and is willing to lend you money, of course, with interest, almost like a loan shark rate. The question is, would you see this as an opportunity or just a trap?

I do not think the person should take any type of loan, even it is interest free loan, unless you have a good way to repay the loan without facing any problems (I mean if you don't have any other way except winning in the game to repay the loan). If the users take a loan by thinking it will be easy to repay the loan and take profit by winning on gambling, as it is a real winning game, then that will be considered a trap, as the person can lose, and then it will be a miserable life for the gambler.

[Distinctin]

It's just a trap my friend judging from experience. There was a time it seems I was getting it clear in spots betting.  I had to share my winning screenshot to my brother and one of my friend. My brother became interested and sent me money to play alongside when am playing mine. I dont know how I  start losing after that money get to me.

To cut the story short, taking money from people will leave you with over confidence and you may start to lose your bet. Also, because you now have a bigger bankroll to play with, you may decide to change the strategy you use when you were winning.

This is so true mate. And when you have a larger bankroll, you tend to have lose control of your betting amount, until you’ll be  surprised that there’s no funds left anymore on your wallet because you are too confident to win, when in fact there’s no fixed winning outcome in gambling.

This is clearly a big trap. If you bite it, you’re done and end up in regrets, but if you gamble on a small amount, there’s still chances to increase your money and when that winning streak continues, you’ll end up piling a good amount that you can consider your gambling profits.

[Fundamentals Of]

I think I will not take the loan. The possibility to win is high. But what if I lose? Sports betting is always winning or losing. The possibility of winning is always there but so is the possibility of losing regardless of the odds. Everybody knows this. Everybody knows upsets do happen. It is not impossible for a heavy favorite to lose even if it surprises everybody.

Getting the loan is just an unnecessary burden for me if I lose. I will be paying for something with high interest without anything I got or purchased in return .

[Fivestar4everMVP]

You were experimenting with sports betting and found yourself profitable with your strategy. However, you can’t raise a bigger bankroll to generate larger profits. Then there’s this one guy who believes in you and is willing to lend you money, of course, with interest, almost like a loan shark rate. The question is, would you see this as an opportunity or just a trap?

First of all, let's be sincere with ourselves, there is no sure strategy in gambling, whether it's sports betting, or slot, or casino games, there are no sure strategies that can guarantee constant or consistent profit with a good level of guarantee.

So as long as the above remain true, I will see such an opportunity as a trap and won't go into such a transaction, being someone who have taken a loan, invested it and lost the money, and had to figure out a way to pay back the money, I perfectly understand the stress that such could cause a person, so I won't make that mistake of taking a loan to invest in a strategy that has to do with gambling, when I understand that even with strategies, one still depend on luck to win, except of the strategy is one that involves hacking the casino's database or game algorithm, this is the only strategy I believe that will guarantee profit, but only if the gambler is not caught in the process.

[bitzizzix]

With such conditions and being too confident with the strategy, and I think you have become your friend's target to be exploited for profit, because by borrowing your friend's money, your friend will get income from the interest on the loan you borrowed in addition to the principal. Lol this case really worked and their target is gambling addicts because they know that addicts only need money to gamble and that is their target, even without them realizing your friend will also take advantage of such a situation. And after failing to pay their debts, the borrower's belongings will be their target which will be used as collateral or as a substitute for debt and interest and this is what is called in the end you will lose everything and make it poverty or have nothing left. So think carefully and intelligently before making a decision, especially recognizing your gambling activities, because it can help you in making decisions if someone offers you a loan or takes a loan from you.

[Fivestar4everMVP]

With such conditions and being too confident with the strategy, and I think you have become your friend's target to be exploited for profit, because by borrowing your friend's money, your friend will get income from the interest on the loan you borrowed in addition to the principal. Lol this case really worked and their target is gambling addicts because they know that addicts only need money to gamble and that is their target, even without them realizing your friend will also take advantage of such a situation. And after failing to pay their debts, the borrower's belongings will be their target which will be used as collateral or as a substitute for debt and interest and this is what is called in the end you will lose everything and make it poverty or have nothing left. So think carefully and intelligently before making a decision, especially recognizing your gambling activities, because it can help you in making decisions if someone offers you a loan or takes a loan from you.

Every thing you have said is correct, and though you didn't tell us whether or not you personally will take the loan or see it as a trap, but then, from what you said, I can already guess what your answer to this question would be..

It's definitely a trap indeed, though it's not wrong to take a loan from a friend if what that friend really does for a living it to give out loans, but then, when taking a loan, it should be for something very serious, and if what the money will be used for is business or investment, that business or investment must have a 100% guarantee that capital will be gotten back, and there will be good profit too, because it's from the profit made that we can be able to pay the interest that came with the loan.

On no account should anyone borrow money to gamble, whether there is a strategy to pay the money back or not, it's always better to gamble with one's own money.

[DubemIfedigbo001]

You were experimenting with sports betting and found yourself profitable with your strategy. However, you can’t raise a bigger bankroll to generate larger profits. Then there’s this one guy who believes in you and is willing to lend you money, of course, with interest, almost like a loan shark rate. The question is, would you see this as an opportunity or just a trap?

It is a big trap my friend, you might just be lucky and be enjoying the winning streak while it lasts and as soon as you collect the money, you may enjoy winning for a while before loosing sets in. You may drain the funds and get into a terrible debt.

Borrowing money for gambling purposes is a big NO from me. I can tell you for sure that you strategy is not to be trusted and in a twinkle of an eye it might fail you and you feel the brunt of gambling. Then your frustration would be larger since you are not only dealing with your lost funds, rather an additional loan with high interest on your neck.