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

[bangjoe]

Gambling is a game, you cannot gamble unless you have money to do that. Gamble after putting money and saving first. Borrowing money to gamble is not only a risk to money but it also reflects the character. Whether it is in terms of debt, interest and laying the blame on others of oneself behavior then self awareness is key. Borrowing money to gamble is a very unsafe and incorrect move as there are hardly any circumstances when this practice is justifiable.

There are scenarios where borrowing is not a problem, for example, if I want to gamble in a casino but I don't have USDT/TRX to gamble there, I will borrow from my friend for a while, when we meet I will pay cash (let's say tonight), and this is an acceptable practice because basically you have the money (FIAT) but want to gamble in a crypto casino that must use crypto.

The problem is when you want to gamble but don't have the money and then take out a loan as gambling capital, but you don't know when to pay and use funds that are not intended for gambling.

[rachael9385]

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.

unfortunately not everyone knows when to take a break when it comes to gambling, a lot of gamblers that are out of control usually take loans because they can't stop gambling even at their lowest. funny enough they know that if they lose the bet they might end up being im debt but they still go ahead to take the risk because they find it difficult to control their impulses and constant drive to keep gambling

[I_Anime]

Gambling is a game, you cannot gamble unless you have money to do that. Gamble after putting money and saving first. Borrowing money to gamble is not only a risk to money but it also reflects the character. Whether it is in terms of debt, interest and laying the blame on others of oneself behavior then self awareness is key. Borrowing money to gamble is a very unsafe and incorrect move as there are hardly any circumstances when this practice is justifiable.

First having the idea to borrow money to gamble is already enough sign that you are not a responsible gambler , you are more of an irresponsible gambler. Gambling shouldn’t be treated as something that will cause stress or bring any problem, because that what would happen to someone that borrow money to gamble , because if you Endup losing the money , you’re not only going to lose money you are still going to be in debt because the money is not yours the  first place .

[OgNasty]

For some reason people tend to be more reckless with loaned funds than they are with their own. This seems backwards to me. If at all possible to go through life without loans of any kind, you will be better off.

[AGogi2003]

Well thread like this has been discussed on several occasions but nevertheless I will still advice you to stay away from taken loan to gamble. If you or your friend wan to gamble, you can gamble with your spear money, so that when you lose  you wouldn't become so aggressive. its only the greedy type that can go any height or length to take such decision.  

That is a very risks not even in gambling you shouldn't be taking loans when you don't have any guarantees of getting returns because gambling don't have guarantees of getting profits is always unpredictable so is better you should keep your self in a peaceful place because if you take a loans and you didn't get what you need you have put your self in a big problem, accept you have another way of generating profits so that you can get a way to pay back but if you don't have anything you will definitely face big issues that can make you lose your self. So is good to take loans for business that you get believe off, but gambling don't have sure wining is just 50/50 you can lose and can still win because is q lucky game no guarantees of wining.

[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.

unfortunately not everyone knows when to take a break when it comes to gambling, a lot of gamblers that are out of control usually take loans because they can't stop gambling even at their lowest. funny enough they know that if they lose the bet they might end up being im debt but they still go ahead to take the risk because they find it difficult to control their impulses and constant drive to keep gambling

Some gamblers believe that anytime they forecast a game and they don't have money they will use to bet on the game, the game will play, and for them to stay without betting on the game, they will take a loan to bet on the game. I see gamblers that behave this way as people that are addicted to gambling because they don't know when to take a break from gambling, and they can't do without gambling.

[xenomorfo]

That is a very risks not even in gambling you shouldn't be taking loans when you don't have any guarantees of getting returns because gambling don't have guarantees of getting profits is always unpredictable so is better you should keep your self in a peaceful place because if you take a loans and you didn't get what you need you have put your self in a big problem, accept you have another way of generating profits so that you can get a way to pay back but if you don't have anything you will definitely face big issues that can make you lose your self. So is good to take loans for business that you get believe off, but gambling don't have sure wining is just 50/50 you can lose and can still win because is q lucky game no guarantees of wining.

Yes, we have already said that taking basic loans is a very risky thing, because then you have to have the possibility to pay it back, but taking it, especially for a game, is even more stupid, in my opinion. I'm sorry to be so aggressive about it, but the game is the game, you have to put in what you can spend.

[junder]

Every loan takers are not expected to be dumb like others that could use the loan money to do rubbish and spend it on something that is not really important. There are people that will take a loan and use the money to invest while using the rest to gamble which is better than taking a loan to gamble alone without proper planing on how to prevent a bad investment with loan money.
The best decision you can is to gamble without taking any loan so that if you lose, you can swallow your loses in peace.

The problem lies in accepting the loss that occurs. In my opinion, for those who take out loans to gamble, it is certainly because they cannot accept the loss that occurred and the money they bet has been lost in large amounts to the point that they dare to take the risk by borrowing money to gamble, instead of wanting to turn things around but that has the potential to be a double loss.

[nimogsm]

That is a very risks not even in gambling you shouldn't be taking loans when you don't have any guarantees of getting returns because gambling don't have guarantees of getting profits is always unpredictable so is better you should keep your self in a peaceful place because if you take a loans and you didn't get what you need you have put your self in a big problem, accept you have another way of generating profits so that you can get a way to pay back but if you don't have anything you will definitely face big issues that can make you lose your self. So is good to take loans for business that you get believe off, but gambling don't have sure wining is just 50/50 you can lose and can still win because is q lucky game no guarantees of wining.

Yes, we have already said that taking basic loans is a very risky thing, because then you have to have the possibility to pay it back, but taking it, especially for a game, is even more stupid, in my opinion. I'm sorry to be so aggressive about it, but the game is the game, you have to put in what you can spend.

You can borrow money if you have the means to pay it back and if you have a stable source of income that can quickly cover the loan. If you don't have a stable salary or other source of income, then this is the most idiotic decision you could make. Microcredit organizations make huge amounts of money from people who are financially illiterate and want to get rich quick through gambling.

[Dunamisx]

I know some gamblers may have the ability of taking risk to the extreme, but on this kind of situation, it's not safe or advisable to take loan for the purpose of gambling, even in some business conditions, we discourage for taking loan, and so therefore, we should not also take it as something good to do by taking loan to gamble, we might put ourself into serious debt we may not afford to pay back.

[tvplus006]

...taking a loan to gamble indicates for lose in priority and such could only be done by an addicted gambler.

If a player takes out a gambling loan, he will lose twice in this case. In this case, in addition to the lost money, he will still owe the creditor, who will need to repay the debt and, as a rule, also pay interest on the loan.

[Hewlet]

For some reason people tend to be more reckless with loaned funds than they are with their own. This seems backwards to me. If at all possible to go through life without loans of any kind, you will be better off.

Funny enough, if you decide that you're not going to ever take up loan again and that you will leave based on your financial strength, believe me for a fact that you will do it and it will not worry you at all. If you set your mind to always run to take up a loaned money when you have a need or a basic want as small as looking for money for the same of gambling, you're going to destroy your financial life trying to do so.

One of the things that one shouldn't take up a loan for includs things under the category of consumables as well as something that's risky and that you know can lead to you experiencing a loss in the process. If the  money isn't yours, don't go all out spending it for a risky thing as gambling. Basic financial management knowledge is enough to guide one to making the right decision partaining to this.

[dunfida]

For some reason people tend to be more reckless with loaned funds than they are with their own. This seems backwards to me. If at all possible to go through life without loans of any kind, you will be better off.

Funny enough, if you decide that you're not going to ever take up loan again and that you will leave based on your financial strength, believe me for a fact that you will do it and it will not worry you at all. If you set your mind to always run to take up a loaned money when you have a need or a basic want as small as looking for money for the same of gambling, you're going to destroy your financial life trying to do so.

One of the things that one shouldn't take up a loan for includs things under the category of consumables as well as something that's risky and that you know can lead to you experiencing a loss in the process. If the  money isn't yours, don't go all out spending it for a risky thing as gambling. Basic financial management knowledge is enough to guide one to making the right decision partaining to this.

The only time that you would be saying into yourself about not on getting some loan is on the moment that it is too late or gambling had already made out such big impact into your finances, but on the time that you've seen that you do still have money to spare on playing gambling then you would definitely continue on doing it. The hardest part on here is that you would be stopping midway on which this is something on here most gamblers do failed up on doing so. Taking up loan for you to gamble is a very dangerous act to be done on which we do know that busting up those loan amounts is that very easy and if you cant be able to repay those loans back then this is where issues will be starting. It will be that up to you on how you would be making up decisions because if you do let up that gambling urge to control you, then you would be facing up such huge issue later on.

People would be only mindful on the time that they will be seeing that they are already struggling or facing up some big issue. You would be needing up to consider yourself on taking up such wise decision and the best approach on here is that you should be only spending into the amount on which you can afford to lose.

[Berry2d]

Mine gambling method or policies may be extremely different from each and everyone of us, same also will what works for me not work for you and yours may not also work for me but the truth of it all is there must be risk in the process of gambling let us get that very clear. Before i talk about taking loans for gambling, what of using once complete salary to bet knowing fully well know game has hundred percent chances of success in gambling. If a gambler can do such what is the difference between taking a loan and that when we all know if it did not come he will still survive on loans till he receives his next salary

[rachael9385]

Gambling is a game, you cannot gamble unless you have money to do that. Gamble after putting money and saving first. Borrowing money to gamble is not only a risk to money but it also reflects the character. Whether it is in terms of debt, interest and laying the blame on others of oneself behavior then self awareness is key. Borrowing money to gamble is a very unsafe and incorrect move as there are hardly any circumstances when this practice is justifiable.

First having the idea to borrow money to gamble is already enough sign that you are not a responsible gambler , you are more of an irresponsible gambler. Gambling shouldn’t be treated as something that will cause stress or bring any problem, because that what would happen to someone that borrow money to gamble , because if you Endup losing the money , you’re not only going to lose money you are still going to be in debt because the money is not yours the  first place .

Funny enough people that actually borrow to gamble don't see what they do as a responsible act they just feel borrowing to gamble os normal as long as they phase back the money that they borrowed but that's a wrong way to think because when they end up losing in most cases it is difficult for them to pay back after collecting the loans. Gambling cannot be a way to make money all the time

[shawonngp]

Gambling is risky stuff and before entering, one has to understand the risk associated with it. Gambling is fun, only as long as you have control over your emotions and you know when to quit.

This is why children below 18 years are not supposed to gamble because they do not have control over their emotions. Someone that do not have control over his or her emotions will lose everything they have and still continue to gamble because they want to recover back their losses. Think about it, if adult is addicted to gamble there's is enough chance their an under age bettor will also become addicted. Those that think they can recover their money if they continue to gamble will always lose because their is no assurance to winning.

Although gambling is not allowed for people under the age of 18, in fact, anyone can play because no KYC is required to play on most of the gambling sites. Unless you withdraw a lot of money. It is true, gambling isn’t not suitable for children to play it, because they are very emotional, so it can be very harmful for them. And will affect mentally. Because they are under 18 years of age, they are not able to make mature decisions like adults. Gambling means running towards an uncertain destination; no one can guarantee a sure win, whether you are an adult or underage. It is not guaranteed that it will recover the losses even if it is played for a long time.