Taken loan to gamble is very risky, what do you think?

[Y3shot]

When we lose in gambling, the most appropriate step is to stop betting. However, many people continue to gamble because they want to win, even when they have no capital. They still force themselves to resort to borrowing money to gamble. It's fortunate if the next gamble results in a win that not only covers the loan but also generates additional profits. However, we must remember that this low chance of winning doesn't guarantee a guaranteed win, so it's important to consider the necessary steps.

Reasonable gamblers would never allow loans to get involved in gambling because their understanding of gambling as a game that can't be predicted is clear. One thing about gambling is that when you gamble with your own money and lose, you don't have to pay for it, but when you take out a loan and lose, you can't escape the loss; you will definitely need to pay off the loan. So, using loan money to gamble is a double loss. It is ignorance that pushes people to take out loans to gamble, and this behavior has a lot of bad influence on one's life.

[jems]

When we lose in gambling, the most appropriate step is to stop betting. However, many people continue to gamble because they want to win, even when they have no capital. They still force themselves to resort to borrowing money to gamble. It's fortunate if the next gamble results in a win that not only covers the loan but also generates additional profits. However, we must remember that this low chance of winning doesn't guarantee a guaranteed win, so it's important to consider the necessary steps.

Reasonable gamblers would never allow loans to get involved in gambling because their understanding of gambling as a game that can't be predicted is clear. One thing about gambling is that when you gamble with your own money and lose, you don't have to pay for it, but when you take out a loan and lose, you can't escape the loss; you will definitely need to pay off the loan. So, using loan money to gamble is a double loss. It is ignorance that pushes people to take out loans to gamble, and this behavior has a lot of bad influence on one's life.

Usually, someone who loses can't control their emotions when they experience defeat, so they take out loans to gamble again. This is clearly a big mistake because gambling is essentially for entertainment, not a gamble that can lead to losing everything.
There's no end to someone who does this. Although they can sometimes win with borrowed money to gamble, financial ruin will inevitably come if they continue. That's why we must be able to control our emotions when gambling.

[Lida93]

Usually, someone who loses can't control their emotions when they experience defeat, so they take out loans to gamble again. This is clearly a big mistake because gambling is essentially for entertainment, not a gamble that can lead to losing everything.
There's no end to someone who does this. Although they can sometimes win with borrowed money to gamble, financial ruin will inevitably come if they continue. That's why we must be able to control our emotions when gambling.

That you loses your bankroll and couldn't control your emotions simply tells one thing, you are not fit to be gambling and should quit before it breaks you health-wise and financially. What do gamblers who equally takes loan to gamble actually expecting is what I can't understand. You couldn't achieve a breakthrough win with your own very money how is it that you can do it with a borrowed funds to cover for all the losses in a game where your winning chances are as slim as a niddle.

[Outhue]

That's what happens when someone is careless in making decisions while gambling, ultimately leaving them with a lot of regret due to the debt they took on just to gamble.

This is typically the case with gamblers who have a strong belief in winning, and they've also often won big before, so they don't hesitate to take out loans, thinking they know how to win. But what happens in reality? Like your friend, and I'm sure he regrets it.

The decision to borrow money for gambling purpose is already a careless decision, people aren't smart it seems, I would rather lend out money to people as a loan shark rather than walking into a loan shark and borrow some money, and the worst part is using the money to gamble, there is a big chance that I will lose the money and it's not their business that I lost the money, I have to pay it all back including the interest too.

If things aren't working in life it's better to look for solutions the best ways possible, if it's financially then look for job, don't go around looking for magical money that will likely put you in a more tight position than before.

[danherbias07]

The decision to borrow money for gambling purpose is already a careless decision, people aren't smart it seems, I would rather lend out money to people as a loan shark rather than walking into a loan shark and borrow some money, and the worst part is using the money to gamble, there is a big chance that I will lose the money and it's not their business that I lost the money, I have to pay it all back including the interest too.

If things aren't working in life it's better to look for solutions the best ways possible, if it's financially then look for job, don't go around looking for magical money that will likely put you in a more tight position than before.

The interest rate is what hurts the most, and it will be the one that will bury us in debt. It could take a whole year to pay everything if we don't have a decent job, so it's better if we try to avoid taking a loan from either loan sharks or even the cash applications that offer the same thing, just a different interest rate.

That's a fact, so might as well believe it. It's better if we just lose what we have, but we should never take more than what we have and cannot afford to pay.

[Lanatsa]

When we lose in gambling, the most appropriate step is to stop betting. However, many people continue to gamble because they want to win, even when they have no capital. They still force themselves to resort to borrowing money to gamble. It's fortunate if the next gamble results in a win that not only covers the loan but also generates additional profits. However, we must remember that this low chance of winning doesn't guarantee a guaranteed win, so it's important to consider the necessary steps.

Reasonable gamblers would never allow loans to get involved in gambling because their understanding of gambling as a game that can't be predicted is clear. One thing about gambling is that when you gamble with your own money and lose, you don't have to pay for it, but when you take out a loan and lose, you can't escape the loss; you will definitely need to pay off the loan. So, using loan money to gamble is a double loss. It is ignorance that pushes people to take out loans to gamble, and this behavior has a lot of bad influence on one's life.

Usually, someone who loses can't control their emotions when they experience defeat, so they take out loans to gamble again. This is clearly a big mistake because gambling is essentially for entertainment, not a gamble that can lead to losing everything.
There's no end to someone who does this. Although they can sometimes win with borrowed money to gamble, financial ruin will inevitably come if they continue. That's why we must be able to control our emotions when gambling.

Gambling with borrowed money is one of the fastest ways to fall into financial ruin when you lose with your own funds the pain stops there but with loans the damage keeps chasing you because repayment is unavoidable the weight of debt brings stress that reaches into family friends and even work life many people think borrowing will give them a chance to recover fast but in reality it only digs the hole deeper reasonable gamblers know outcomes cannot be predicted and they avoid using loans completely because the pressure of debt makes every loss heavier than it should be

The cycle of chasing losses through borrowing is driven by emotions that are out of control people convince themselves that the next gamble will solve everything but the odds stay the same no matter how desperate the situation even a win with borrowed money is dangerous because it creates false confidence and leads to repeating the same mistake over and over in time the habit destroys savings relationships and peace of mind gambling is supposed to be entertainment not survival and the only way to protect yourself is discipline patience and knowing when to stop before everything collapses

[Ever-young]

In my opinion... The only purpose of a loan should be to sort out an essential need in the absence of a backup fund. Every other purpose is just not necessarily worth taking a loan for, from investing to trading, to Gambling. To all I extent, I don't even advice people to take loan to start up a business, except they really have to. So taking a loan for the purpose of gambling is 100% unacceptable, it only shows that you're unable to gamble within your means, which is of course a sign or irresponsible gambling.

[bitzizzix]

Usually, someone who loses can't control their emotions when they experience defeat, so they take out loans to gamble again. This is clearly a big mistake because gambling is essentially for entertainment, not a gamble that can lead to losing everything.
There's no end to someone who does this. Although they can sometimes win with borrowed money to gamble, financial ruin will inevitably come if they continue. That's why we must be able to control our emotions when gambling.

That you loses your bankroll and couldn't control your emotions simply tells one thing, you are not fit to be gambling and should quit before it breaks you health-wise and financially. What do gamblers who equally takes loan to gamble actually expecting is what I can't understand. You couldn't achieve a breakthrough win with your own very money how is it that you can do it with a borrowed funds to cover for all the losses in a game where your winning chances are as slim as a niddle.

And as long as there's hope and the possibility of winning, those who continue gambling just to cover their losses will continue gambling as long as they have money or goods to sell. If everything is gone, there's no other way, and borrowing is their last resort.
I don't understand the mindset of such people, but what I'm mentioning is the reality of life for most gamblers, and they never realize that, percentage-wise, losses always outweigh wins. Therefore, they should treat gambling as a form of entertainment with the little money they can afford to lose and quickly realize, as you mentioned, that using their own money always loses, let alone borrowed money, which has the potential to make life even more difficult.

[nara1892]

Usually, someone who loses can't control their emotions when they experience defeat, so they take out loans to gamble again. This is clearly a big mistake because gambling is essentially for entertainment, not a gamble that can lead to losing everything.
There's no end to someone who does this. Although they can sometimes win with borrowed money to gamble, financial ruin will inevitably come if they continue. That's why we must be able to control our emotions when gambling.

That you loses your bankroll and couldn't control your emotions simply tells one thing, you are not fit to be gambling and should quit before it breaks you health-wise and financially. What do gamblers who equally takes loan to gamble actually expecting is what I can't understand. You couldn't achieve a breakthrough win with your own very money how is it that you can do it with a borrowed funds to cover for all the losses in a game where your winning chances are as slim as a niddle.

Yes, one of the reasons why we are better off playing at a casino that has a good reputation is so that we don't have to bother trying to find out whether the casino is proven to be fair or not, for me a good reputation is enough to convince myself, and also I don't really care about that actually, because winning is not a priority for me, but of course I will also be very happy if I manage to win, the most important thing for me is that I feel entertained in the game process.

[jcojci]

The decision to borrow money for gambling purpose is already a careless decision, people aren't smart it seems, I would rather lend out money to people as a loan shark rather than walking into a loan shark and borrow some money, and the worst part is using the money to gamble, there is a big chance that I will lose the money and it's not their business that I lost the money, I have to pay it all back including the interest too.

If things aren't working in life it's better to look for solutions the best ways possible, if it's financially then look for job, don't go around looking for magical money that will likely put you in a more tight position than before.

The interest rate is what hurts the most, and it will be the one that will bury us in debt. It could take a whole year to pay everything if we don't have a decent job, so it's better if we try to avoid taking a loan from either loan sharks or even the cash applications that offer the same thing, just a different interest rate.

That's a fact, so might as well believe it. It's better if we just lose what we have, but we should never take more than what we have and cannot afford to pay.

Or we will difficult to repay the loan. If that loan is just be used for gambling, we will get that situation without having a chance to repay. Taking loan for gambling will not be recommended because we will never easy to win the money. So we must understand the situation and not try to take loan for gambling.

If you want to playing gambling, you can allocate money and use it so you don't disrupt other needs you had. You can feel safety because you don't have to repay any money and only spend some amount of money you can afford to lose.

it is why we must allocate some money if we have a gambling habit as a release of our stress.

[Oluwa-btc]

>>>>Now the question remain that Is it good to take loan to gamble?

>>>>Or is there some game that worth risking to an extent of taken loan?

It's clearly not a good approach to keeping up with gambling activities and taking risks shouldn't be involved with going extra miles to taking up loans and any plans equivalent to loans to keep up any of this relating to investing and gambling should be proven abortive. Otherwise gamble at your limits which involves responsible gambling with what you can afford to lose.

[YOSHIE]

>>>>Now the question remain that Is it good to take loan to gamble?

I may be taken loans, remember but not for gambling, if the loan is used in gambling is the same as binding the rope around your own neck.
Loans and gambling.
Both are at high risk, first your loan interest must think of both losing gambling.
In a conscious game no one will know what will happen, so avoid taking loans in gambling, if you want to live quietly.

>>>>Or is there some game that worth risking to an extent of taken loan?

Nothing, the game remains to lose the game and win the part and the gambling remains your gambling will never know the final result of gambling.

[iBaba]

Usually, someone who loses can't control their emotions when they experience defeat, so they take out loans to gamble again. This is clearly a big mistake because gambling is essentially for entertainment, not a gamble that can lead to losing everything.
There's no end to someone who does this. Although they can sometimes win with borrowed money to gamble, financial ruin will inevitably come if they continue. That's why we must be able to control our emotions when gambling.

You're right. People make that kind of mistake a whole lot of times and the nature of loan some of these gamblers collect can be regarded as softloans since on most occasions they get these loans from family and friends with the false hope and assurance that they will get their money back with interests. I've witnessed this on different occasions where a friend or brother meets the other person to get loan from them and they use the name investment as cover, that they want to venture into an investment that will bring back profit in few days. But later we've discovered that such money were not used for investments but to take loans especially when such loans failed. Let me use this medium to advise all innocent friends and family out there to be careful with the people they loan and to always conduct their background checks on those purported loans before releasing their hard earned money to those gamblers.

[Sonia_123]

I know a lot of post has been made in this gambling board and I don't know if such has been created, but what I want to say is a situation that happened to a close friend

My friend is a gambler, a serious one for that matter. Some days ago he asked me to borrow him money to gamble and I told him not to borrow money to gamble but gamble with what he can afford to lose but he refused. Instead he went ahead to borrow from another person to pay back with interest, gues what?
He loss the game and now he is owing Capital and interest together that will surely be paid now he keeps blaming me that If I had given the loan to him, that he would have just owe me the capital without interest.

>>>>Now the question remain that Is it good to take loan to gamble?

>>>>Or is there some game that worth risking to an extent of taken loan?

That is the highest risk one can ever take and that is why most persons becomes addicted since they are mostly reasoning on how to pay back the loan they have collected since the interest will be increasing without waiting for their wins when it comes .
 No matter how tempting the game will be avoid d loan because it will be the biggest mistake of your life since gambling wins are not guaranteed.

Normally even if not gambling loan sets you back in life because you can't progress or do anything meaningful with your life because it will be difficult to pay back with interest, some lenders or banks even add more interest after failing to meet up the speculated duration of paying back or engage in seizing your properties that will be equivalent to the money being loaned or more.

Taking loan ruins your life and carrier and to some families causes divorce among couples because they will not be able to cater for themselves due to mismanagement of funds into gambling.
If you want to successful gamble avoid loan no matter how profitable the game will be.

[Fredomago]

>>>>Now the question remain that Is it good to take loan to gamble?

>>>>Or is there some game that worth risking to an extent of taken loan?

It's clearly not a good approach to keeping up with gambling activities and taking risks shouldn't be involved with going extra miles to taking up loans and any plans equivalent to loans to keep up any of this relating to investing and gambling should be proven abortive. Otherwise gamble at your limits which involves responsible gambling with what you can afford to lose.

Taking things in a responsible way, better not to engage to that far as taking loan might cause more stress when things don't come up to your favor, it's still best to play or gamble with budget amount, using spare money that you can allow to let go will keep you enjoy whatever the outcome, treat gambling as part of your entertainment and best not to exceed to the point that you need to take loan and put more pressures.

[POPOLUV]

That is a great mistake of taking loans to gamble of the game that is not certain that will surely win, once someone has the stage of taking loan that means such a person have reached the level of being so addicted to gambling that if time is not taken, when a person didn't see were he cat take a loan he might end up selling off his valuable asset just to gamble, my best advise is that no one should take the risk of taking loan to gamble because gambling is full of risky itself that one are not sure of winning until the end of the game and on the second hands assuming you succeed in taking loans to gamble and you lost and the date that you are supposed to pay back the loan has reached, you know that such person can't pay back because he lost the game, so i can only advise on taking a loan on investment that will bring more profits.

[Lida93]

That you loses your bankroll and couldn't control your emotions simply tells one thing, you are not fit to be gambling and should quit before it breaks you health-wise and financially. What do gamblers who equally takes loan to gamble actually expecting is what I can't understand. You couldn't achieve a breakthrough win with your own very money how is it that you can do it with a borrowed funds to cover for all the losses in a game where your winning chances are as slim as a niddle.

Yes, one of the reasons why we are better off playing at a casino that has a good reputation is so that we don't have to bother trying to find out whether the casino is proven to be fair or not, for me a good reputation is enough to convince myself, and also I don't really care about that actually, because winning is not a priority for me, but of course I will also be very happy if I manage to win, the most important thing for me is that I feel entertained in the game process.

Are casinos absolutely provably fair with their games? Well this could be a topic for another day, because someone asked me this and I honestly didn't know if I should say yes or no or relative-yes. It's understandable that not every gambler would bother inquiring about that as far as they're enjoying the moment and at some times getting lucky with some wins. Either way a responsible gambling lifestyle is most relevant.

[rachael9385]

It is not advisable to take a loan and gamble because you will loss many things in your life because that. You might loss some valuable properties like house and cars etc when you could not pay the loan. And if any gambler is planning to use loan to gamble them he should have am alternative means to pay back the loan when he loss the game. If anyone is using loan to play gamble then he has no plan in his life.

Even though you think you have an alternative to pay back the loan it's not Wise to take that risk. if there's one thing I've come to understand about life is that things don't always go according to plan. You can make plans to do certain things but at the end of the day it might not really go in the direction that you want it to go. A gambler might take a loan and expect to get the money back Incase he losses it but sometimes it ends In disappointments

[Patikno]

That is a great mistake of taking loans to gamble of the game that is not certain that will surely win, once someone has the stage of taking loan that means such a person have reached the level of being so addicted to gambling that if time is not taken, when a person didn't see were he cat take a loan he might end up selling off his valuable asset just to gamble, my best advise is that no one should take the risk of taking loan to gamble because gambling is full of risky itself that one are not sure of winning until the end of the game and on the second hands assuming you succeed in taking loans to gamble and you lost and the date that you are supposed to pay back the loan has reached, you know that such person can't pay back because he lost the game, so i can only advise on taking a loan on investment that will bring more profits.

Basically, gambling itself carries risks, especially if someone takes out a loan to gamble, which automatically doubles the risk. Therefore, I believe gambling with borrowed money is unwise and carries many risks, potentially severely impacting someone financial situation. It is should be better to avoid such a path, use our own money, and do betting or gambling by the money that we can afford to lose, to avoid such undesirable outcomes. Well, maybe it is the right of each individual to do so, but we are here only to provide a good point of view or direction, without intending to judge anyone.

[ShowOff]

It is not advisable to take a loan and gamble because you will loss many things in your life because that. You might loss some valuable properties like house and cars etc when you could not pay the loan. And if any gambler is planning to use loan to gamble them he should have am alternative means to pay back the loan when he loss the game. If anyone is using loan to play gamble then he has no plan in his life.

Even though you think you have an alternative to pay back the loan it's not Wise to take that risk. if there's one thing I've come to understand about life is that things don't always go according to plan. You can make plans to do certain things but at the end of the day it might not really go in the direction that you want it to go. A gambler might take a loan and expect to get the money back Incase he losses it but sometimes it ends In disappointments

I wholeheartedly agree with what you've said, taking out a loan to gamble is not a wise move. Gambling is a form of entertainment, which can be seen as a want rather than a need, so you should never even consider taking out a loan to gamble. I think if someone is brave enough to do that, they are most likely already severely addicted.

Of course, it all comes down to one own principles, everyone is free to do whatever they want. However, it is important to remember that sooner or later, borrowing money to gamble will cause many problems that could be fatal in one daily life. It is better to take a worthwhile risk, such as borrowing money to start a business or to continue one education to a higher level.