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

[leonair]

In gambling, lending money is an easy way to get hurt. Because when someone loses money by gambling with a loan and cannot repay the loan on time, their own reputation is damaged. At the same time, large financial pressures destroy trust in relationships, including family unrest. And this has a worse effect on the person than losing money. And when your family, friends or close people find out that you are addicted to gambling and are identified as gambling with a loan, they will think of you as such for the rest of your life. Even if you get out of gambling addiction, it is still a bit difficult to regain the trust of those close to you.

Yes, gambling with a loan puts him under more financial pressure on one hand and on the other hand, if Firoz Uddin cannot repay his loan on time, his reputation is ruined. Gambling with a loan is very risky and dangerous for a person in all respects. No one usually makes a decision like gambling with a loan, only those who are very addicted to gambling and are very confident that if they gamble with a loan, they will win a lot of money from there and will be able to repay that loan easily and make some cash for themselves. These are just the major effects of their gambling addiction.

[terrific]

That's the problem of the gambler because like it or not, the notion of being a gambler has some negative connotation already, what more if you are loaning the amount you want to bet with, and lose? So that would pose a problem with your reputation if you can't pay back on time. That is why some are resorting to desperate moves like selling their properties or going to the extent of stealing, just to cover their losses.

The problem with those gamblers that keeps on taking loans, they're borrowing an amount that they can't afford to lose.
That's why the reputation that they have built from those people who have entrusted them to borrow money is already tarnished.
And if a gambler gets to that point of selling their properties and they're desperate, there's no hope with that.
It's a big sign that gambler is already addicted and anything they borrow won't get paid until they no longer have a thing to sell.

[sompitonov]

The thing is, the game itself is risky, and we need very compelling reasons to take out a loan. I think even professionals would never do that because they understand that you can win with a very small margin, and if you add the cost of a loan, they'd have to show an even higher ROI. That would be nearly impossible because luck might not be in our favor, and you can't explain that to a lender, they need the money by a specific deadline that can't be missed. That's why I'll never take out a loan for gambling. I think it's a naive way to convince yourself that everything will be fine, but it won't.

[edy_58]

In gambling, lending money is an easy way to get hurt. Because when someone loses money by gambling with a loan and cannot repay the loan on time, their own reputation is damaged. At the same time, large financial pressures destroy trust in relationships, including family unrest. And this has a worse effect on the person than losing money. And when your family, friends or close people find out that you are addicted to gambling and are identified as gambling with a loan, they will think of you as such for the rest of your life. Even if you get out of gambling addiction, it is still a bit difficult to regain the trust of those close to you.

Yes, gambling with a loan puts him under more financial pressure on one hand and on the other hand, if Firoz Uddin cannot repay his loan on time, his reputation is ruined. Gambling with a loan is very risky and dangerous for a person in all respects. No one usually makes a decision like gambling with a loan, only those who are very addicted to gambling and are very confident that if they gamble with a loan, they will win a lot of money from there and will be able to repay that loan easily and make some cash for themselves. These are just the major effects of their gambling addiction.

I agree with you that gambling with borrowed funds is very risky because winning is not guaranteed, and losing a bet will certainly add to the problem of having to repay the loan. Some people who are addicted to gambling will naturally find various ways to satisfy their gambling urges, only to regret it when they experience losses and have to find other ways to repay the funds they have borrowed.

[khiholangkang]

There is no tolerance whatsoever for people who try to gamble using borrowed money, this is no longer about risk or anything, this is about sanity to how gambling is, why do people believe in gambling so much that they have to borrow to gamble, isn't it the same as suicide?

Why would someone borrow, because they don't have the money, and they know they don't have the money, so why gamble? I know the stupid gambler's hope is “if you're lucky it'll be great” but the fact is that it will only make it difficult for the person who gave the loan.

[uche6215]

Taking a loan to gamble can wreck someone's life. And I will not advice anyone to take a loan to gamble because the danger is very high. When you don't have funds to pay back the loan, if you loss the game, you will pay with either properties which you have gotten with your sweat. Or you sold your belongings and pay it back. I have seen people doing it and pay back with their properties. Always play the small amount you have and leave. And if you don't have anything to play at that time, please don't borrow. You can go and do a daily job like helper of a building and get money and not to go and borrow money from someone and pay back with anger.

[GeorgeJohn]

Taking a loan to gamble can wreck someone's life. And I will not advice anyone to take a loan to gamble because the danger is very high. When you don't have funds to pay back the loan, if you loss the game, you will pay with either properties which you have gotten with your sweat. Or you sold your belongings and pay it back. I have seen people doing it and pay back with their properties. Always play the small amount you have and leave. And if you don't have anything to play at that time, please don't borrow. You can go and do a daily job like helper of a building and get money and not to go and borrow money from someone and pay back with anger.

Taking loan to participate in gambling is one of the Dangerous Thing someone can do because you are not assure of winning in gambling it will be better for you as an experience gambler to use your capital and the participate in gambling knowing that when you lose you will not regain what you borrowed, so we don't need to encourage anyone to borrow and partake on gambling...gambling is a game of trial and you may lucky to win, not every gambler who have a good record of benefiting from gambling...

[reefsea]

That's the problem of the gambler because like it or not, the notion of being a gambler has some negative connotation already, what more if you are loaning the amount you want to bet with, and lose? So that would pose a problem with your reputation if you can't pay back on time. That is why some are resorting to desperate moves like selling their properties or going to the extent of stealing, just to cover their losses.

It would be very wrong if we decide too quickly to borrow only for those of us who really want to do gambling.
For now, the negative connotation towards gambling and those who gamble will not be easily eliminated and when we borrow money only for our gambling desires, it is clear that things like this will make gambling a source to be avoided and the impression of others towards gamblers will be even worse.

It's just that it's inevitable for things like this to always happen especially when we are in an environment where the economy is mediocre but still insists on gambling so borrowing is sometimes a solution.
In my place this kind of thing still happens even though gambling is illegal here but there are still some gamblers who borrow money with the wrong expectations where they will pay and think they can win in their gambling and situations like this keep repeating themselves.

[Jubilee58]

Taking a loan to gamble is a sign of irresponsibility in gambling, as winning is not guaranteed in any game or gamble. It is advisable that any one who wants to gamble should use his or her own money and should not incure depth to bet or gamble on any game.

No game is guaranteed, and I even see some people go as far as selling games to people to gamble on and eventually the game will still fail. Play gamble any time you have the money, and stay away when there is no money. As a gambler you should be able to have control over your gambling habit, don't be so addicted to gamble everyday even when you don't have money.

[MRY]

That's the problem of the gambler because like it or not, the notion of being a gambler has some negative connotation already, what more if you are loaning the amount you want to bet with, and lose? So that would pose a problem with your reputation if you can't pay back on time. That is why some are resorting to desperate moves like selling their properties or going to the extent of stealing, just to cover their losses.

It would be very wrong if we decide too quickly to borrow only for those of us who really want to do gambling.
For now, the negative connotation towards gambling and those who gamble will not be easily eliminated and when we borrow money only for our gambling desires, it is clear that things like this will make gambling a source to be avoided and the impression of others towards gamblers will be even worse.

It's just that it's inevitable for things like this to always happen especially when we are in an environment where the economy is mediocre but still insists on gambling so borrowing is sometimes a solution.
In my place this kind of thing still happens even though gambling is illegal here but there are still some gamblers who borrow money with the wrong expectations where they will pay and think they can win in their gambling and situations like this keep repeating themselves.

The choice to take a loan to gamble is one that in most cases leads to making more losses. Our finances not the only things that are at stake in this kind of scenario, our reputations are also stained. Unstable economy situation causes a majority to want to find short-cuts, yet there are some costs to pay which have to be taken into serious consideration before one chooses to act.

[DYING_S0UL]

You were already two feet below the ground (metaphorically speaking), and now you are looking to take another loan? You should probably go see a doctor, not a loan shark! We all are aware of the saying, "Gamble what you can effort to lose" and taking a loan to gamble is like asking for the easiest path to your own demise!

But again, greed, addictions has no limits, and gamblers can go any extend to fill their urge of gambling! That's how it is!

[Sonia_123]

In gambling, lending money is an easy way to get hurt. Because when someone loses money by gambling with a loan and cannot repay the loan on time, their own reputation is damaged. At the same time, large financial pressures destroy trust in relationships, including family unrest. And this has a worse effect on the person than losing money. And when your family, friends or close people find out that you are addicted to gambling and are identified as gambling with a loan, they will think of you as such for the rest of your life. Even if you get out of gambling addiction, it is still a bit difficult to regain the trust of those close to you.

Yes, gambling with a loan puts him under more financial pressure on one hand and on the other hand, if Firoz Uddin cannot repay his loan on time, his reputation is ruined. Gambling with a loan is very risky and dangerous for a person in all respects. No one usually makes a decision like gambling with a loan, only those who are very addicted to gambling and are very confident that if they gamble with a loan, they will win a lot of money from there and will be able to repay that loan easily and make some cash for themselves. These are just the major effects of their gambling addiction.

I agree with you that gambling with borrowed funds is very risky because winning is not guaranteed, and losing a bet will certainly add to the problem of having to repay the loan. Some people who are addicted to gambling will naturally find various ways to satisfy their gambling urges, only to regret it when they experience losses and have to find other ways to repay the funds they have borrowed.

These set of addicted gamblers that cannot control themselves ends up losing all their asset/properties to the lender since they finds it difficlult to pay back which now shows how irresponsible that gambler is and might ends up in a rehab since the stress of addiction must have taken over him causing him psychological problems, financial imbalance and all the problem of an addicted gambler, and that is why we are advised to gamble with what we have  can afford to lose not borrowing to gamble. It is always very difficult to pay back a loaned money because of the interest always added to it, you end up losing more.

[Iroh]

Taking a loan to gamble is a sign of irresponsibility in gambling, as winning is not guaranteed in any game or gamble. It is advisable that any one who wants to gamble should use his or her own money and should not incure depth to bet or gamble on any game.

It is certainly irresponsible to take out loans to gamble. Gambling itself is full of risks and you're not certain on getting your money back or making some more money. So it's crazy on why people would take out loans just to gamble. It's a sure sign of irresponsibility in my opinion as if you haven't got the funds to indulge in your past tome activity, then perhaps, you shouldn't be indulging in that activity. It's pretty straightforward. If you continuously find it difficult or straight up can't cough up the funds to use in a past time activity or a hobby, then perhaps, you should give up that activity till you're financially stable and ready.
It's not advisable or wise to take out loans for gambling purposes. You'll only be digging yourself into more debt later on which would certainly bring about the ruination of your finances and in a more severe case, your family alongside.

[tvplus006]

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

No financial institution will provide a loan if it is known that the purpose of its use will be to play in a casino, as this is a very risky operation. And the borrower and the lender should understand that such a loan will not be repaid in almost 100 percent and, accordingly, the borrower will be forced to use money that is intended for completely different purposes to repay the loan.

[Grace333]

Taking a loan to gamble is a sign of irresponsibility in gambling, as winning is not guaranteed in any game or gamble. It is advisable that any one who wants to gamble should use his or her own money and should not incure depth to bet or gamble on any game.

No game is guaranteed, and I even see some people go as far as selling games to people to gamble on and eventually the game will still fail. Play gamble any time you have the money, and stay away when there is no money. As a gambler you should be able to have control over your gambling habit, don't be so addicted to gamble everyday even when you don't have money.

Borrowing money just to gamble is not smart at all, it is just the fastest way to bury yourself in problems you did not need in the first place. Gambling is already risky with your own money, talk less of playing with money that is not even yours. That kind of pressure alone can make someone not think straight.

And yeah, those people selling sure games are another trap entirely. If winning was guaranteed, nobody would be selling anything, they would just play it themselves and cash out quietly.

[ZeroVinsonN]

In gambling, lending money is an easy way to get hurt. Because when someone loses money by gambling with a loan and cannot repay the loan on time, their own reputation is damaged. At the same time, large financial pressures destroy trust in relationships, including family unrest. And this has a worse effect on the person than losing money. And when your family, friends or close people find out that you are addicted to gambling and are identified as gambling with a loan, they will think of you as such for the rest of your life. Even if you get out of gambling addiction, it is still a bit difficult to regain the trust of those close to you.

That's the problem of the gambler because like it or not, the notion of being a gambler has some negative connotation already, what more if you are loaning the amount you want to bet with, and lose? So that would pose a problem with your reputation if you can't pay back on time. That is why some are resorting to desperate moves like selling their properties or going to the extent of stealing, just to cover their losses.

Borrowing to gamble isn't a good idea, gambling on its own is already too much risk for a person to take be we take that risk for our individual reasons, to now add borrowing to it makes it not worth the risk, you shouldn't be gambling if you don't have to money to gamble with in the first place, people need to understand that there are limits to what they should be willing to do, there are no guarantees to winning a bet and when you borrow to gamble and then end up losing what would you do to pay back that loan? Borrow to gamble more with hopes of winning to pay back? Or sell a property in order to pay? Both don't make sense so in order to avoid placing yourself in that position you shouldn't be borrowing to gamble in the first place.

[reefsea]

It would be very wrong if we decide too quickly to borrow only for those of us who really want to do gambling.
For now, the negative connotation towards gambling and those who gamble will not be easily eliminated and when we borrow money only for our gambling desires, it is clear that things like this will make gambling a source to be avoided and the impression of others towards gamblers will be even worse.

It's just that it's inevitable for things like this to always happen especially when we are in an environment where the economy is mediocre but still insists on gambling so borrowing is sometimes a solution.
In my place this kind of thing still happens even though gambling is illegal here but there are still some gamblers who borrow money with the wrong expectations where they will pay and think they can win in their gambling and situations like this keep repeating themselves.

The choice to take a loan to gamble is one that in most cases leads to making more losses. Our finances not the only things that are at stake in this kind of scenario, our reputations are also stained. Unstable economy situation causes a majority to want to find short-cuts, yet there are some costs to pay which have to be taken into serious consideration before one chooses to act.

For those of us who live in some countries where gambling is still a taboo and is still avoided due to norms and cultural issues in the end our reputation is already ruined from the start so we cannot make this normal because gambling in a culture and norms especially religion will be considered as something bad and when we borrow just to gamble then it will obviously be seen as even lower.

It's not just about reputation but I think it's bigger than that because people's view of us is much lower and that's obviously a little bit depressing.
So as long as we can do without borrowing money just to make our gambling happen then that would be great because even borrowing will eventually become more of a burden to yourself.

[Koadharber]

In gambling, lending money is an easy way to get hurt. Because when someone loses money by gambling with a loan and cannot repay the loan on time, their own reputation is damaged. At the same time, large financial pressures destroy trust in relationships, including family unrest. And this has a worse effect on the person than losing money. And when your family, friends or close people find out that you are addicted to gambling and are identified as gambling with a loan, they will think of you as such for the rest of your life. Even if you get out of gambling addiction, it is still a bit difficult to regain the trust of those close to you.

That's the problem of the gambler because like it or not, the notion of being a gambler has some negative connotation already, what more if you are loaning the amount you want to bet with, and lose? So that would pose a problem with your reputation if you can't pay back on time. That is why some are resorting to desperate moves like selling their properties or going to the extent of stealing, just to cover their losses.

Borrowing to gamble isn't a good idea, gambling on its own is already too much risk for a person to take be we take that risk for our individual reasons, to now add borrowing to it makes it not worth the risk, you shouldn't be gambling if you don't have to money to gamble with in the first place, people need to understand that there are limits to what they should be willing to do, there are no guarantees to winning a bet and when you borrow to gamble and then end up losing what would you do to pay back that loan? Borrow to gamble more with hopes of winning to pay back? Or sell a property in order to pay? Both don't make sense so in order to avoid placing yourself in that position you shouldn't be borrowing to gamble in the first place.

Once borrowing gets involved the whole thing stops being a game and turns into a cycle of pressure guilt and panic gambling is already unpredictable but when you add debt it becomes a trap because you’re no longer playing for fun you’re playing just to recover what you owe.

People who start gambling with borrowed money usually tell themselves they’ll win it back quickly but that rarely happens instead they fall deeper into loss trying to chase wins that never come it ruins trust with family and friends because once someone finds out you’re using loans or borrowed cash to gamble they stop seeing you as responsible and it’s really hard to fix that image even after you quit. If you ever get to the point where you’re thinking about borrowing to gamble that’s the moment to stop completely because it means gambling is already controlling your decisions you can’t build stability on hope or luck it’s better to take a break work on your finances first and only gamble again when you can truly afford to lose that money without it affecting your life or relationships.

[fruktik]

No, no, and no again! This is a dead end. I stepped on this rake. I took out a fairly large loan to gamble. After a while, I lost it all. I was left with nothing. I had to pay everything back, down to the last penny. Debt collectors constantly harassed me. They threatened me with violence. My life turned into a living hell. I don't recommend anyone go down this slippery slope. I'm sure it will only get worse. Only gamble with money that isn't critical to your personal and family budgets.

[Tungbulu]

For those of us who live in some countries where gambling is still a taboo and is still avoided due to norms and cultural issues in the end our reputation is already ruined from the start so we cannot make this normal because gambling in a culture and norms especially religion will be considered as something bad and when we borrow just to gamble then it will obviously be seen as even lower.

In regions where gambling is perceived negatively, the judgement is no longer about what gambling actually does in reality but what the people around there has decided that it does. Whether a gambler is playing casually or not, nobody wants to know, because the label is already stuck to you, and when that happens, it automatically messes with your reputation, as it’s no longer something that one possesses naturally but something you’ll almost need to defend.

And the part where folks have to take up loans to gamble makes the issue even worse because it serves as a confirmation of all the negative stereotype that people already believe about gambling. They cease to see you as  one who gambles for fun but as a person who has absolutely no discipline and in reality, that’s actually nothing but the truth, because only a person with no discipline would go as far as taking up loans to gamble.