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

[davis196]

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.

What kind of "friend" is this? You are dealing with a toxic person with gambling addiction problems(and probably a narcissist).
If a friend of mine was blaming me for not wanting to borrow him money without interest, I would probably kick his ass and tell him to fu*k off.
The world is full with idiots and people with mental issues. This is why I'm pretty introverted and I try to keep my social circle to the bare minimum. If someone is stupid enough to gamble with borrowed money and lose everything, just tell him to go to a bank and ask for a loan or maybe tell him to borrow money from the "loan sharks".

[dimonstration]

The typical mistake and start of downfall of someone that becomes addicted on gambling. There a lot of successful businessman in my area that becomes poor after being addicted in online gambling during pandemic that resulted to selling their business property just to pay their loan and bloated interest rates.

I don’t support even a regular for purchasing items since I don’t want to pay interest instead I preferred savings and purchase within my current finance.

Perhaps in your region gambling is some kind of popular form of entertainment, but honestly, I have never heard of gambling being so popular among businessmen. Especially I have never heard of it leading them to go bankrupt and lose their businesses because of gambling. I still believe that people get involved in gambling in order to make money. But in gambling you will never earn as much as you can from a business. So for me, there is some kind of inconsistency here.

My country has a craze when it comes to gambling specifically online sabong which many businessman favorite to play during Sundays spending huge money on betting to cock fighting.

During pandemic since most businesses can’t operate physically many was tempted to play online sabong and bet excessively since there’s always a schedule cockfight 24/7 unlike the physical cockfight that only have scheduled fight once a week.

[Mayor of ogba]

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?

From what implies asking a friend for money is not really borrowing, but a brotherly or friendship support, because he believes with little move he's sure of something. And borrowing money to gambler is not bad. Because if you refused borrowing he money, do know if that is hopeful day to win. You can afford him what he wants for the day. Just assiste he because there is one sure game wey in see. So help us out when it matters.

It's very much okay if you ask a friend for a tip so that you can bet on your game, but borrowing money from a friend to finance your gambling habits isn't a good idea or move for me because you aren't guaranteed of winning your bet, and you will have a debt to repay if the bet ticket didn't play, and it can possibly put you in financial difficulty. If you don't have money to bet on your game, don't borrow money to bet; just rest until you have money to bet.

[nara1892]

From what implies asking a friend for money is not really borrowing, but a brotherly or friendship support, because he believes with little move he's sure of something. And borrowing money to gambler is not bad. Because if you refused borrowing he money, do know if that is hopeful day to win. You can afford him what he wants for the day. Just assiste he because there is one sure game wey in see. So help us out when it matters.

It's very much okay if you ask a friend for a tip so that you can bet on your game, but borrowing money from a friend to finance your gambling habits isn't a good idea or move for me because you aren't guaranteed of winning your bet, and you will have a debt to repay if the bet ticket didn't play, and it can possibly put you in financial difficulty. If you don't have money to bet on your game, don't borrow money to bet; just rest until you have money to bet.

Of course, I also often play with money from tips given by my friends when they win, usually they immediately give it without having to be asked and that's because they understand that I don't have money to bet.

You're right that if we don't have money to gamble then there's no better way than not to gamble and take a break, after all there's no compulsion to gamble all the time, basically borrowing money will only lead us to various new disasters, not infrequently I see gamblers who end up in debt because they make loans as an alternative.

[Akbarkoe]

Of course, I also often play with money from tips given by my friends when they win, usually they immediately give it without having to be asked and that's because they understand that I don't have money to bet.

You're right that if we don't have money to gamble then there's no better way than not to gamble and take a break, after all there's no compulsion to gamble all the time, basically borrowing money will only lead us to various new disasters, not infrequently I see gamblers who end up in debt because they make loans as an alternative.

It is better if you do not have money, it is better not to think about gambling at all, hoping for tips from friends or waiting for them is an uncertain thing and forcing loans to gamble is a stupid decision, we have to work more to get more money so that the gambling budget will be bigger too, stay logical and do not force things that are unnecessary and cannot be done, such as gambling but borrowing money as capital.

[hedgeh0g]

Of course, I also often play with money from tips given by my friends when they win, usually they immediately give it without having to be asked and that's because they understand that I don't have money to bet.

You're right that if we don't have money to gamble then there's no better way than not to gamble and take a break, after all there's no compulsion to gamble all the time, basically borrowing money will only lead us to various new disasters, not infrequently I see gamblers who end up in debt because they make loans as an alternative.

It is better if you do not have money, it is better not to think about gambling at all, hoping for tips from friends or waiting for them is an uncertain thing and forcing loans to gamble is a stupid decision, we have to work more to get more money so that the gambling budget will be bigger too, stay logical and do not force things that are unnecessary and cannot be done, such as gambling but borrowing money as capital.

I'm only willing to borrow money if it brings me more money, generating capital, for example, in business or agriculture, when I buy a tractor to increase productivity and profits, so I can pay off the loan for it that way. I don't want to make excuses and follow the path of those who already went through it with gambling loans. Just yesterday, I read in the news how a woman in her 40s took out a gambling loan and lost it instantly after placing a bet at a casino. And I understand what she was thinking at that moment: she thought she'd win and pay back the money, but that didn't happen. Before that, she didn't even want to consider the possibility of losing it; that's incredibly stupid.

[Tipstar]

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?

Taking a loan to gamble is an classic example of people destroying their lives through gambling. It's never a good idea to take a loan to gamble.
You are expected to gamble responsibly with only the amount you could afford to lose. It should ideally not effect your life economically or psychologically.
When you take loans for gambling or with other excuses and use to gamble, you have entered into a compulsive gambling stage from where you might not be able to come back. The news about a gambler killing people in Las Vegas or one who gambled the office money and later committed a suicide all are due to gambling on others money.

[ejikeme24]

It's very much okay if you ask a friend for a tip so that you can bet on your game, but borrowing money from a friend to finance your gambling habits isn't a good idea or move for me because you aren't guaranteed of winning your bet, and you will have a debt to repay if the bet ticket didn't play, and it can possibly put you in financial difficulty. If you don't have money to bet on your game, don't borrow money to bet; just rest until you have money to bet.

You're right, asking a friend for some tips is very much okay I mean there's nothing wrong with that but taking a loan from a friend is a wrong thing to do. As a gambler it is advised to only bet with what you have if you notice that you have run out of bankroll or you don't have money to gamble with, the best thing to do is to go for a break or wait until you fund your bankroll rather than going for a loan to gamble this is how responsible gamblers do, those that go in search of where they can get a loan to gamble when they don't have money are all irresponsible gamblers.

[Mr. Magkaisa]

It's very much okay if you ask a friend for a tip so that you can bet on your game, but borrowing money from a friend to finance your gambling habits isn't a good idea or move for me because you aren't guaranteed of winning your bet, and you will have a debt to repay if the bet ticket didn't play, and it can possibly put you in financial difficulty. If you don't have money to bet on your game, don't borrow money to bet; just rest until you have money to bet.

You're right, asking a friend for some tips is very much okay I mean there's nothing wrong with that but taking a loan from a friend is a wrong thing to do. As a gambler it is advised to only bet with what you have if you notice that you have run out of bankroll or you don't have money to gamble with, the best thing to do is to go for a break or wait until you fund your bankroll rather than going for a loan to gamble.

just imaging if you take a loan just to bet you already lose some amount because of the interest of the loan.
It will never be a good thing co it will be a problem in a the future. Just gamble what you have and never take a risk of having a loan.
Win on your own money, lose it as you dont need it. Stop whn you cant support it.

[Hispo]

It's very much okay if you ask a friend for a tip so that you can bet on your game, but borrowing money from a friend to finance your gambling habits isn't a good idea or move for me because you aren't guaranteed of winning your bet, and you will have a debt to repay if the bet ticket didn't play, and it can possibly put you in financial difficulty. If you don't have money to bet on your game, don't borrow money to bet; just rest until you have money to bet.

You're right, asking a friend for some tips is very much okay I mean there's nothing wrong with that but taking a loan from a friend is a wrong thing to do. As a gambler it is advised to only bet with what you have if you notice that you have run out of bankroll or you don't have money to gamble with, the best thing to do is to go for a break or wait until you fund your bankroll rather than going for a loan to gamble this is how responsible gamblers do, those that go in search of where they can get a loan to gamble when they don't have money are all irresponsible gamblers.

It reminds me the story/thread of some guy from Africa who shared his situation with us here on the gambling section of the forum. He basically lost some money playing blackjack, and decided to take a loan from his bank (through the use of the bank application on his phone) in order to deposit it all on the casino and get more money, he ended up losing it all and owing 2000$ to his bank.
Me mentioned it was going to take him up to two years to be able to pay the money back to his bank, which says a lot about his economical situation... Your guess it is as good as mine on how a bank can lean two thousand dollars for someone who would take two years to pay back...