Altcoins Talks - Cryptocurrency Forum
Marketplace => Gambling & Crypto Casinos => Gambling discussion => Topic started by: Agbe on January 04, 2024, 09:55:00 PM
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble thinking that he would win and pay back the money with interest but ironically the money lost for the gambling and when it is time to pay back the money, there was no money to pay back again and he ran to me to give him loan and he game me his mobile phone ( Tecno Spark 10) as collateral, and took the phone and gave the money. And early in the morning, the following day, he come again that he wants to sell his solar system so he can used the money to settle some debt. And I bought it from him as a cheaper price. And I was not comfortable with it so I called him to come in the evening and asked why he sold the solar and he told me that he sold it to pay some gambling debt. And I gave him some advice. And we depart.
What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
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@Agbe, I have seen a worse case than the one you are talking about, and it's only foolishness for a gambler to borrow money for the purpose of gambling. There have been situations where some gamblers bet with money that doesn't belong to them, and they end up losing the money and getting punished the way they deserve. Gambling addiction is a very common habit that every gambler must not allow themselves to sink into because they will do things that they might end up regretting. For example, some people have sold most of their important properties because of gambling addiction, while others have committed suicide after losing money that doesn't belong to them.
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A neighbor of mine had to sell his only residence after taking part in gambling. Although he was addicted to gambling as well as drugs. His family always had quarrels and fights, sometimes torturing his wife to manage gambling money. Although his wife had managed the gambling money several times, the gambler repeatedly pressured him to manage the gambling money. The only reason for this was that he became bankrupt by taking excessive loans due to his involvement in gambling. That's why the gambler repeatedly tortures his wife. When will the curse of gambling be eliminated from society?
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When will the curse of gambling be eliminated from society?
the curse of gambling can't be eliminated, Since time immemorial, gambling has been a part of human life. With various types of gambling. From what is still traditional to online gambling today. This will continue from era to era. I rarely hear of a successful gambler. Even if someone had to go into debt to gamble, that would be ridiculous.
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When will the curse of gambling be eliminated from society?
the curse of gambling can't be eliminated, Since time immemorial, gambling has been a part of human life. With various types of gambling. From what is still traditional to online gambling today. This will continue from era to era. I rarely hear of a successful gambler. Even if someone had to go into debt to gamble, that would be ridiculous.
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Absolutely true. Such gambling was also practiced in the oldest civilizations of the world. Even in the modern civilization, the practice of gambling has become more intense. Gambling will never be eradicated from human civilization no matter how much reform our modern civilization does against gambling. Because it has spread among humans since the earliest civilizations in such a way that just as human nerves carry sensations from the whole body to the brain, gambling has become adjusted to human nerve systems. Once one is attracted to gambling then it is never possible to control that gambling attraction.
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I think you should seek professional help to help diagnose how bad your friend's gambling addiction is, if any. Check with his family and see how he manages his money, and try to find alternatives to limit his access to money for a while to make sure he doesn't fall further into debt, while at the same time looking for a decent job that can take most of his time from gambling. If worst comes to worst, take away his phone/PC access to make sure he doesn't do online gambling. At the end of the day, his will to quit gambling is probably what matters most. A professional should be able to at least offer suggestions to make a better environment, while at the same time encouraging him to stop taking loans to gamble money. You should also stop being a safety net for him so he won't come to you whenever he gets in trouble.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
He's too addicted to understanding good reasons no amount of persuasion will do just assure him that you will be with him when he wants to reach out and wants a way out, but don't lend him money anymore it's like supporting his vice Just say no, he will in the end finally realize that he is hurting himself and his family and his finances just look for a sign that he wants to change and be there to help him by leading him to the right people that will help him cure his addiction.
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What do you think this guy should do to stop this habit
He's addicted to gambling and unfortunately others can't do a lot to relieve someone from such addiction. The only way to stop his addiction is that he should do something else to earn some money, and should learn to self-control himself. But, I don't think that's possible in his case because he's highly addicted already and it's not possible for an addict to leave gambling by himself.
I would suggest you to tell him about the worst consequences that could happen to him and how much damage his addiction can cause to him and to his family. Try to motivate him as a mentor and teach him that gambling in excess is the cause of huge problems. If he gets motivated by listening to you then he may develop self-control, but the changes for that to happen are very low.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
What he needs is to realize what he is currently doing. The people around him are the only ones who can see the negative impact he is having right now. All he can think of is finding a source of money to continue his gambling habits. Try to wake him up by making him realize that what he is doing is already out of control.
Aside from that, maybe he needs someone to talk to him regularly. Your friend is suffering from gambling addiction and probably has a mental health issue that's why he continues to pursue his gambling activities even though he is losing so much on it.
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A neighbor of mine had to sell his only residence after taking part in gambling. Although he was addicted to gambling as well as drugs. His family always had quarrels and fights, sometimes torturing his wife to manage gambling money. Although his wife had managed the gambling money several times, the gambler repeatedly pressured him to manage the gambling money. The only reason for this was that he became bankrupt by taking excessive loans due to his involvement in gambling. That's why the gambler repeatedly tortures his wife. When will the curse of gambling be eliminated from society?
Poor the wife who is hurt by the addicted gambler. That's why it's difficult when addiction is neglected to become a gambling addict. Almost everything will be destroyed by family relationships, friends, and others, and it can even lead to a crime if it is not really controlled.
Especially if the debt is accumulated only because of the addiction that the gambler has to the casino, then the situation is really a mess, and the destruction of the family is a high chance that will be the result in the end.
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The only way to stop his addiction is that he should do something else to earn some money, and should learn to self-control himself. But, I don't think that's possible in his case because he's highly addicted already and it's not possible for an addict to leave gambling by himself.
Yes he is 100% addicted to it and he is working with a construction company which they are paying him $40 monthly though he is minor worker in the company and the money he is using to gamble a week is much more than the money he is receiving as a monthly salary. And upon doing something else in the construction company, he is still busy gambling whenever he is back from work and once he is back from the next thing to do is to visit the casino hall. Though I am trying my best to speak with him and give him some advise to quit gambling. Gambling is really eating deep the life of the boy.
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Yes he is 100% addicted to it and he is working with a construction company which they are paying him $40 monthly though he is minor worker in the company and the money he is using to gamble a week is much more than the money he is receiving as a monthly salary.
That's a very serious level of gambling addiction and if it's not stopped now then he may harm himself and others around him. Such type of addicts often lose in gambling and the basically start selling the material things that they have and if they still lose then in final stage they can turn into criminals in order to fulfill their gambling desires.
Though I am trying my best to speak with him and give him some advise to quit gambling. Gambling is really eating deep the life of the boy.
You should definitely speak to him and tell him that he's destroying his life because of the addiction. Also tell him that gambling is not for everyone, and no one can become rich by gambling. Try to speak to him in a peaceful manner and show empathy towards him, also tell him that if he continues gambling then he may not only lose money but a lot of things in his life.
I hope that will at least somehow help him to think that he's going in the wrong direction and maybe he tries to change himself after listening to you.
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@Agbe, I have seen a worse case than the one you are talking about, and it's only foolishness for a gambler to borrow money for the purpose of gambling. There have been situations where some gamblers bet with money that doesn't belong to them, and they end up losing the money and getting punished the way they deserve. Gambling addiction is a very common habit that every gambler must not allow themselves to sink into because they will do things that they might end up regretting. For example, some people have sold most of their important properties because of gambling addiction, while others have committed suicide after losing money that doesn't belong to them.
One thing about the guy who borrows to gamble is that he cannot borrow to invest in bitcoin. He will see it like bitcoin investment will waste time and may never be profitable. People of this generation just like quick money with 24hrs and that is why they fall easy to scammers and Ponzi schemeers.
Someone who is addicted should be reported to the authorities for rehabilitation, that's the best you can do for him.
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A very close friend of mine has similar issues and sell everything in in his apartment and use the money 💰 to gamble,at times he wins 🏆 and each time he gamble and wins that trigger him to triple the money in gambling to the extent that he doesn't apart from gamble, a time came when he gamble and he lost twice there wasn't money on himself again to gamble then he started to beg anyone he knows that have money they assist him without knowing his intentions towards the money they give to him he continues like that and they got tired of him then he rented his apartment out and run 🏃♂️ to stay with his parents at the village, all this while I try calling him and advice him to a point I got a job for him to do to keep him busy but after working for two months and stop going
Once gambling has gotten into you and you are addicted to it it hard before you can stop one from gambling
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Your friend seems not to understand the ethics and principles of gambling. From what you have said, I could understand that he is the type that already have the fixed mindset of becoming reach through gamble but he has forgotten too fast that gambling is a game of two faces, either you win or you lose and the possibility of you winning is minuit compared to the loss aspect of it.
What I would advise is that you tell your friend to always have a budget for gambling because I see he has no self restraint and as such would put all his funds into gambling which is not advisable to do. Already from what he did one can tell that he is an addict with no gambling budget and as
such, gambles with whatever funds that comes his way.
He should have a clear thought of gambling as not a get rich quick scheme but rather a game for fun and should gamble responsibly. Let him know that.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble thinking that he would win and pay back the money with interest but ironically the money lost for the gambling and when it is time to pay back the money, there was no money to pay back again and he ran to me to give him loan and he game me his mobile phone ( Tecno Spark 10) as collateral, and took the phone and gave the money. And early in the morning, the following day, he come again that he wants to sell his solar system so he can used the money to settle some debt. And I bought it from him as a cheaper price. And I was not comfortable with it so I called him to come in the evening and asked why he sold the solar and he told me that he sold it to pay some gambling debt. And I gave him some advice. And we depart.
What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
Perhaps as a friend you tell him that his gambling addiction is out of control and that you can only help him at a certain extend and not all the time that you have extra money to give to him even if he has collateral to show you.
Of course, it might hurt him if you tell him that he is addicted, but at least you have the decency to tell him in front of his face before everything goes haywire on his side and who knows what will your friend turn out in the future.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
You need to stop lending or buying things from him, and tell him he need to stop and go for medications for being gambling addict before its too late it might be harsh to listen on his point of view but you need to tell him. His life will be destroyed when things get worst.
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Yes he is 100% addicted to it and he is working with a construction company which they are paying him $40 monthly though he is minor worker in the company and the money he is using to gamble a week is much more than the money he is receiving as a monthly salary. And upon doing something else in the construction company, he is still busy gambling whenever he is back from work and once he is back from the next thing to do is to visit the casino hall. Though I am trying my best to speak with him and give him some advise to quit gambling. Gambling is really eating deep the life of the boy.
Wow, so you're telling me he has a family and makes only $40/month yet he gambles more? That is seriously dangerous for his well-being and family. I'd suggest you take him to professional help ASAP or just force him to stop gambling altogether. How did he fulfill his family's needs with that much money though? Is he asking for a loan whenever he can? I fear that he will end with a bad ending if he doesn't make any changes in his life. This issue needs immediate action and input from a real psychologist or any expert instead of some random people on the internet.
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Yes he is 100% addicted to it and he is working with a construction company which they are paying him $40 monthly though he is minor worker in the company and the money he is using to gamble a week is much more than the money he is receiving as a monthly salary. And upon doing something else in the construction company, he is still busy gambling whenever he is back from work and once he is back from the next thing to do is to visit the casino hall. Though I am trying my best to speak with him and give him some advise to quit gambling. Gambling is really eating deep the life of the boy.
Wow, so you're telling me he has a family and makes only $40/month yet he gambles more? That is seriously dangerous for his well-being and family. I'd suggest you take him to professional help ASAP or just force him to stop gambling altogether. How did he fulfill his family's needs with that much money though? Is he asking for a loan whenever he can? I fear that he will end with a bad ending if he doesn't make any changes in his life. This issue needs immediate action and input from a real psychologist or any expert instead of some random people on the internet.
Or much better if his family had taken immediate action against his gambling addiction. A monthly salary of $40 is insufficient to cover anyone's expenses nowadays. It would barely last for a few days. Moreover, even if he can manage his expenses using this amount of money, being tempted to gamble with the remaining small amount of money they have is not the right thing to do.
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Borrowing money is not a good thing, if you borrow money from someone and don't pay it back on time, the relationship is ruined. Gambling and the future of gambling is totally uncertain so if a gambler thinks that he will gamble by borrowing money and by gambling he will make money and then he will repay the loan then I would say he is living in a fool's kingdom. Where gambling is considered the most risky, it is nothing but foolish to borrow money, gamble it away, and then pay it back at a profit. If you have financial solvency, you can gamble with some amount of money, but the aim is not to earn extra money. Gambling is okay if the purpose is for fun or enjoyment.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble thinking that he would win and pay back the money with interest but ironically the money lost for the gambling and when it is time to pay back the money, there was no money to pay back again and he ran to me to give him loan and he game me his mobile phone ( Tecno Spark 10) as collateral, and took the phone and gave the money. And early in the morning, the following day, he come again that he wants to sell his solar system so he can used the money to settle some debt. And I bought it from him as a cheaper price. And I was not comfortable with it so I called him to come in the evening and asked why he sold the solar and he told me that he sold it to pay some gambling debt. And I gave him some advice. And we depart.
What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
Unfortunately, your friend has been addicted to gambling which is a point where gambling serves as a medicine to the gambler. Thus, until one gambles he will never be at rest. This is a very bad level in the life of any gambler. Borrowing to gamble is a very bad habit and when a gambler gets to this point then he/she needs to see a psychologist because, in my opinion, such a person is not normal. Someone rational will understand that there is a high level of uncertainty in gambling and borrowing to gamble means creating more problems for himself since there is always a low probability of winning in gambling. I have a friend who gambled with his mom's money and then tried to commit suicide to escape the anger of his mom. The risk involved in gambling with borrowed money is high and capable of making someone hurt himself or others or even carry out actions that ordinarily he/she wouldn't want to do. The pains that come from gambling with borrowed money and losing it are more compared to when we use money not borrowed. The only way to stop such a habit is to place a ban on such persons from gambling or make them see a psychologist to talk them out of such addiction.
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I wonder why some persons will even immagine borrowing money for gambling,most persons feel there is assurance is this gambling of a thing,they forget the fact that gambling is as risky as trading.The moment you get yourself involved in gambling,it now becomes your habbit to be part of gamble, except you are someone who has great self control when it comes to gambling.He who borrows money to gamble isn't seen as a sensible person to me because there is no guarantee to winnig,so what's the need to borrow the money?
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~snip~
The pains that come from gambling with borrowed money and losing it are more compared to when we use money not borrowed. The only way to stop such a habit is to place a ban on such persons from gambling or make them see a psychologist to talk them out of such addiction.
Since gambling is now mobile how do you plans to stops those people from gambling, do you tends to keep monitoring them anywhere they goes or knowing how they keeps making their movements?
No! this can't be possible even though we go around the gambling site within one's area to announce to them to stop allowing him/her to gambling the gambler don't mind going another location where no one's knows about them and place their bets. The best thing is to condition them, with placing a condition or restriction from them there may be a change in his/her life.
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I wonder why some persons will even immagine borrowing money for gambling,most persons feel there is assurance is this gambling of a thing,they forget the fact that gambling is as risky as trading.The moment you get yourself involved in gambling,it now becomes your habbit to be part of gamble, except you are someone who has great self control when it comes to gambling.He who borrows money to gamble isn't seen as a sensible person to me because there is no guarantee to winnig,so what's the need to borrow the money?
Some people have no other option but to borrow money from another person just to continue their gambling habits. It is surprising how enthusiastic some people are about gambling, even when they don't have any money. Gamblers will go to great lengths to find the funds they need to start gambling, including selling their possessions. For many, the sole goal is to have enough money to cover their gambling expenses. Despite the risks associated with gambling, many individuals are willing to continue playing.
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I think that the worst thing a person can do is borrow money to bet in a casino, normally we as players can say that if we love a casino and that we can make a difference by doing something for our happiness, but neither do we. It is that we have to risk much more than we are or are allowed to, it is not well seen that things are like this, to ask for a loan I believe that it must be for some emergency, something like something medical, something that in reality requires attention, but for a casino where money is very likely to be lost? Well, I don't see it as viable, in fact I classify it as a great irresponsibility.
I resent the people who do that, but I don't agree that they have to support it, because simply things can turn bad, it is very likely that the casinos are the ones that take advantage of those efforts, and the day when a loan is required For something true, they will not grant it, because in life sometimes things happen like that.
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This bad practice of borrowing money just for gambling will cause problems and as you said, he will go here and there to cover the loan and in the end sell the goods to cover all his debts.
The irony is like this if you gamble with loans.
I don't borrow anything for the sake of gambling, this is just extra money that is used for fun and is ready to lose in essence, if gambling is turned into income with more hopes then it will never be realized in fact you will feel more burdened because there is a lot of pressure on the loan to be repaid if expired.
When you have more money you can gamble, but if you don't have money then don't force yourself to gamble.
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When will the curse of gambling be eliminated from society?
This question is more or less asking when will man be eliminated from society. In my thinking, the curse of gambling can never be eliminated from society since it will be difficult to stop gambling activities in all jurisdictions. The reason is that a cry of one is a gain to another. That is, each time we lose a bet, someone gains (Bookies) as in sports betting and these multi-billion dollar companies (Bookies) pay taxes to the government to stay in business so it becomes difficult for the government to end gambling. In as much as gambling continues to be legal and the government continues to benefit from it, the curse of gambling can never be eliminated from society.
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It is a very bad idea to use loan money for gambling. If you have no money, it is better to stop gambling temporarily than force yourself with loan money. You have done the right way to help your friend. But to stop the habit, it depends on your friend decision. You only can to give him advice.
When it becomes a habit, it will be very difficult to stop it. Sometimes, we need an expert to do special treatment. Also, we don't forget that we need the support from our family to make it successful. The family must have a big role to stop the bad habit, so you may try to tell your friend's family about that case.
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When it becomes a habit, it will be very difficult to stop it. Sometimes, we need an expert to do special treatment. Also, we don't forget that we need the support from our family to make it successful. The family must have a big role to stop the bad habit, so you may try to tell your friend's family about that case.
That's very true the expert's help is highly needed for the ones who are overly addicted to gambling but to avail an expert's help the family's support is more needed than anything else. The OP also mentioned that his friend is a worker class citizen and if we keep that in mind then his family should also have weak financial background and that won't let them to help the addict but they may instead get more dis-heart when they get awareness about his addiction. But, surely they will still help him more than anyone else.
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When will the curse of gambling be eliminated from society?
This question is more or less asking when will man be eliminated from society. In my thinking, the curse of gambling can never be eliminated from society since it will be difficult to stop gambling activities in all jurisdictions. The reason is that a cry of one is a gain to another. That is, each time we lose a bet, someone gains (Bookies) as in sports betting and these multi-billion dollar companies (Bookies) pay taxes to the government to stay in business so it becomes difficult for the government to end gambling. In as much as gambling continues to be legal and the government continues to benefit from it, the curse of gambling can never be eliminated from society.
Gambling is as old as humanity and it is part of humanity, so it cannot be eliminated by man. There are different governments of the world, so there is no unilateral decision by one central government controlling the world. When one government bans gambling, another government will approve it while some other government will just be indifferent.
In as much as the government is trying to make us all not to be addicted by enacting some certain laws to guide us in gambling, we should also have to help ourselves by being disciplined.
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The family must have a big role to stop the bad habit, so you may try to tell your friend's family about that case.
Some of the annoying things over here is that they don't let someone knows most of their characters, people that are addicted hides if from their family members until it became worst in an uncontrollable manner. Initially while gambling they felt is cool and sweet for them to involved themselves but when it started going worse they won't know even when they becomes addicted it would be hard for a gambler to know that his an addicted gambler, even as they are loan they wouldn't what is wrong with them till someone explained to them they are going insane.
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Yeah because it is a suicide to get a loan just to fund your gambling accounts, not a good idea to be honest. Gambling does not guarantee any winnings so it is too risky for you to borrow money and then lost it all at once.
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When a person is too much addicted to gambling, it poses a danger to him. I would say that a person who is terribly addicted to gambling should see a good psychiatrist. So that through proper counseling of the person, the person can recover and get rid of this addiction. Besides that, how is that person living? Find out what kind of people he hangs out with or what his friends are involved with. It is best to move the person away from the source of the gambling. If the person is used to online gambling then smart devices should be kept away from him. And if he goes to a casino and gambles, he should stay far away from that place. Another most important thing is to be honest. The word says heaven with the righteous and doom with the wicked. I think one day that person will definitely give up if he can hang out with good friends.
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Gambling is always unpredictable and it also very risky. I think anyone should not invest money form Borrowing. Because anytime anything is possible here. Anyone can gain here on the otherhand anyone can loss his valuable fund. So it will very risky invert, so Don't borrow money to gambling.
For gambling a man need fresh mind but when a person Borrow money for gambling then his Then his mental condition Then his state of mind is not good. So i always advice and Don't borrow money to gambling.
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Yeah because it is a suicide to get a loan just to fund your gambling accounts, not a good idea to be honest. Gambling does not guarantee any winnings so it is too risky for you to borrow money and then lost it all at once.
Gambling is luck-based while you suppose capitalizing from loans to gamble then it is wrong not good and will cause new problems because when you have lost a lot of money, the loan will not be able to be repaid especially loans with interest and maturity make you even more troublesome.
It is not recommended at all when someone takes out a loan just for gambling, even for investment it doesn't have to be with a loan because profits never know when to get, make sure to avoid loans using cold money for gambling and think ready to lose so you don't stress.
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It is a very bad idea to use loan money for gambling. If you have no money, it is better to stop gambling temporarily than force yourself with loan money. You have done the right way to help your friend. But to stop the habit, it depends on your friend decision. You only can to give him advice.
When it becomes a habit, it will be very difficult to stop it. Sometimes, we need an expert to do special treatment. Also, we don't forget that we need the support from our family to make it successful. The family must have a big role to stop the bad habit, so you may try to tell your friend's family about that case.
Truly the family would be a major factor to rely on. The family Plays a very important role in one's life so therefore, I think the idea of getting the gamblers family involved would be nice to save his friend because if he does not take that step, it would be too bad when it get worse that he would have himself to blame and likewise the family who knows him as their sons friend would blame him for knowing their sons predicament and have kept it a secret away from them.
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Investing in gambling loans is very risky especially when a gambler bets on gambling loans and if he loses the bet it becomes impossible for the gambler to repay the loan. As a result, he is in such dire financial condition that he indulges in various immoral and anti-social crimes to pay off these gambling debts. So for the time being, you should refrain from gambling with borrowed money.
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Gambling is always unpredictable and it also very risky. I think anyone should not invest money form Borrowing. Because anytime anything is possible here. Anyone can gain here on the otherhand anyone can loss his valuable fund. So it will very risky invert, so Don't borrow money to gambling.
For gambling a man need fresh mind but when a person Borrow money for gambling then his Then his mental condition Then his state of mind is not good. So i always advice and Don't borrow money to gambling.
Not only would I say no to loans for gambling, but I would say they are fools to borrow money for gambling. I don't think there are people like that, but in reality many people do everything they can to fulfill their desire to gamble, and borrowing money is one of them.
I don't think it's advisable to take out a loan, unless it's for an urgent need and it's one of the easiest options to get money. Especially borrowing money to gamble, we will have a 2-fold risk, first we lose money and the second is that we have to return the money we borrowed. Usually people who do that are people who already have an addiction to gambling.
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We all know that gambling is not a good thing at all but it leads to destruction of a person's life in future. If your friend is addicted to gambling to such an extent that he has lost his mental balance then of course he can do anything at any time. Neither trading nor gambling should be done with loans from others it always becomes risky for a person as here your money can be lost anytime so always stay away from them. A gambling addict always chooses the wrong paths and thinks that he will win back his borrowed money by winning the bet but at some point he loses the money and becomes disillusioned. So one should never do any betting or trading or playing lottery by borrowing it always leads to destruction of a person's life and also a family.
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Gambling is always unpredictable and it also very risky. I think anyone should not invest money form Borrowing. Because anytime anything is possible here. Anyone can gain here on the otherhand anyone can loss his valuable fund. So it will very risky invert, so Don't borrow money to gambling.
For gambling a man need fresh mind but when a person Borrow money for gambling then his Then his mental condition Then his state of mind is not good. So i always advice and Don't borrow money to gambling.
Not only would I say no to loans for gambling, but I would say they are fools to borrow money for gambling. I don't think there are people like that, but in reality many people do everything they can to fulfill their desire to gamble, and borrowing money is one of them.
I don't think it's advisable to take out a loan, unless it's for an urgent need and it's one of the easiest options to get money. Especially borrowing money to gamble, we will have a 2-fold risk, first we lose money and the second is that we have to return the money we borrowed. Usually people who do that are people who already have an addiction to gambling.
I find it stupid to take loans on things that are so much needed and arent life changers in general. On the scale of borrowing money to gamble can be put buying latest mobile phones on credit. New models comes with so little updates, that 2-3 years old phone are almost the same. Imo it is more right to rely only on own money money. Also, borrowing money for such gambling is stupid, because in case borrower fails, he has nothing left. In example with borrowing money to buy phone, car, start a business - in case something goes wrong, you can still sell phone, car and business and reduce debt.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble thinking that he would win and pay back the money with interest but ironically the money lost for the gambling and when it is time to pay back the money, there was no money to pay back again and he ran to me to give him loan and he game me his mobile phone ( Tecno Spark 10) as collateral, and took the phone and gave the money. And early in the morning, the following day, he come again that he wants to sell his solar system so he can used the money to settle some debt. And I bought it from him as a cheaper price. And I was not comfortable with it so I called him to come in the evening and asked why he sold the solar and he told me that he sold it to pay some gambling debt. And I gave him some advice. And we depart.
What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
What I think for this guy to stop his gambling habit is that he needs to know about gambling, he needs to budget his income for gambling, he can't be greedy for gambling, he can't go into debt for his gambling. Gambling should be taken as pure entertainment. If the person mentioned by the OP can follow all these gambling tricks then he can avoid going into debt. Debt is a bad thing that leads people to debt. There are many gamblers around us who have ruined their lives by gambling. So every gambler should keep in mind that gambling should never be used outside of entertainment and should not be too greedy. Whenever a person becomes addicted to gambling, he will participate in gambling by borrowing.
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Investing in gambling loans is very risky especially when a gambler bets on gambling loans and if he loses the bet it becomes impossible for the gambler to repay the loan. As a result, he is in such dire financial condition that he indulges in various immoral and anti-social crimes to pay off these gambling debts. So for the time being, you should refrain from gambling with borrowed money.
Upon all these disadvantages and the risks of borrowing money to gamble, there are some gamblers are still taking loan and play gamble, why? Knowing it fully well that if they loss they could not pay back the money easily even though they will pay it back but it will not be easy. And when the worst came, they would sell if their properties to settle the loan. Which is of one the bad habit an addicted gambler have.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble thinking that he would win and pay back the money with interest but ironically the money lost for the gambling and when it is time to pay back the money, there was no money to pay back again and he ran to me to give him loan and he game me his mobile phone ( Tecno Spark 10) as collateral, and took the phone and gave the money. And early in the morning, the following day, he come again that he wants to sell his solar system so he can used the money to settle some debt. And I bought it from him as a cheaper price. And I was not comfortable with it so I called him to come in the evening and asked why he sold the solar and he told me that he sold it to pay some gambling debt. And I gave him some advice. And we depart.
What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
Greed is very dominant in people. The main problem of most people today is how to get rich in a short period. For this many people take many different methods like your neighbor took the gambling route. Your neighbor is so addicted to gambling that he pawns his mobile phone to you. If a person becomes addicted to drugs, it becomes very difficult to bring him back from it So did your neighbor. Of course, your neighbor is attracted to gambling and it will be very difficult to get him out. You can say that if you persuade your neighbor to turn him away from gambling, I will support you. But how much can you guarantee that gambling has stopped? Gambling will make you a king for one day and a pauper for the next ten days.
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Gambling with a borrowed money is doubled gambling because you indebts yourself with the borrowed fund and again, you stakes with your borrowed funds.
So, there is e every tendencies that you would have to borrow another money to pay your indebted borrowed fund at your agreement with your fund lender because you as a gambler would always stand on a more chances to loose your bets than the chances to win.
I don't romance or pampers with irresponsible individuals especially those who are ignorantly snobbing the phases to keep a personal reputation so, I don't mind addressing such irresponsible gamblers as stupidity of the highest level.
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I just feel like this post is actually for me lol, because I'm actually tryna get a loan to place a bet today, lol.
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Yeah because it is a suicide to get a loan just to fund your gambling accounts, not a good idea to be honest. Gambling does not guarantee any winnings so it is too risky for you to borrow money and then lost it all at once.
I am not of the opinion that anyone should borrow in order to gamble. Borrowing to start a business is even somehow risky because you might end up using all the profit of your business to pay back the money you borrowed and the business might not also succeed in the end. If borrowing for business is risky, now consider borrowing for gambling, it means that it is even riskier.
Gambling on its own is a very big risk, borrowing is another type of risk so joining gambling and borrowing together is a tough thing to do.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble thinking that he would win and pay back the money with interest but ironically the money lost for the gambling and when it is time to pay back the money, there was no money to pay back again and he ran to me to give him loan and he game me his mobile phone ( Tecno Spark 10) as collateral, and took the phone and gave the money. And early in the morning, the following day, he come again that he wants to sell his solar system so he can used the money to settle some debt. And I bought it from him as a cheaper price. And I was not comfortable with it so I called him to come in the evening and asked why he sold the solar and he told me that he sold it to pay some gambling debt. And I gave him some advice. And we depart.
What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
He will only stop when he has already sold all his belongings or even his home. Only he can help himself or his family, and they will force him to seek help from professionals and go to rehab. Mostly this is the only thing that can help gambling addicts, they need to go to rehab and after a few months they get cured. It is best to try to tell his relatives or family about his actions as that is not good now.
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Not only would I say no to loans for gambling, but I would say they are fools to borrow money for gambling. I don't think there are people like that, but in reality many people do everything they can to fulfill their desire to gamble, and borrowing money is one of them.
I don't think it's advisable to take out a loan, unless it's for an urgent need and it's one of the easiest options to get money. Especially borrowing money to gamble, we will have a 2-fold risk, first we lose money and the second is that we have to return the money we borrowed. Usually people who do that are people who already have an addiction to gambling.
I find it stupid to take loans on things that are so much needed and arent life changers in general. On the scale of borrowing money to gamble can be put buying latest mobile phones on credit. New models comes with so little updates, that 2-3 years old phone are almost the same. Imo it is more right to rely only on own money money. Also, borrowing money for such gambling is stupid, because in case borrower fails, he has nothing left. In example with borrowing money to buy phone, car, start a business - in case something goes wrong, you can still sell phone, car and business and reduce debt.
Yes it will make us headache, in gambling the chance to gain will not be greater than the chance to feel the loss, and when we lose we can't do anything and I'm sure in the end will regret it. But from what I've seen, people who are already addicted will regret it but in the future will do the same thing, something that keeps repeating itself.
It makes more sense to borrow money to buy goods that can be resold, it's still better than being used for gambling.
I personally don't even think of taking out a loan to invest, especially for gambling that can lose money in just a matter of seconds.
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Yes it will make us headache, in gambling the chance to gain will not be greater than the chance to feel the loss, and when we lose we can't do anything and I'm sure in the end will regret it.
The unpredictable nature of gambling makes it foolish for anyone to borrow to gamble. That will amount to double jeopardy. There is always a call for self-control and when self-control is lost then addiction becomes inevitable.
Addictive gambling has caused more harm to people and that's the reason people go the extra mile to feed their urges but it is wrong and highly condemnable for anyone to borrow money in a bid to gamble.
It should be known to all that there is no such thing as a sure game and so no one should be deceived into believing that a particular game is 100% sure. This deceit is one of the reasons people borrow to gamble with the hope of paying back as soon as the game plays but 95% of the time the game never plays and the gambler runs into problems.
It is even more pathetic because most borrowings come with interest. Now, imagine having to pay for a debt that wasn't utilized for anything productive could be mentally and emotionally damaging.
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Yes it will make us headache, in gambling the chance to gain will not be greater than the chance to feel the loss, and when we lose we can't do anything and I'm sure in the end will regret it.
The unpredictable nature of gambling makes it foolish for anyone to borrow to gamble. That will amount to double jeopardy. There is always a call for self-control and when self-control is lost then addiction becomes inevitable.
Addictive gambling has caused more harm to people and that's the reason people go the extra mile to feed their urges but it is wrong and highly condemnable for anyone to borrow money in a bid to gamble.
It should be known to all that there is no such thing as a sure game and so no one should be deceived into believing that a particular game is 100% sure. This deceit is one of the reasons people borrow to gamble with the hope of paying back as soon as the game plays but 95% of the time the game never plays and the gambler runs into problems.
It is even more pathetic because most borrowings come with interest. Now, imagine having to pay for a debt that wasn't utilized for anything productive could be mentally and emotionally damaging.
Yes, that's what will happen when we take a loan for gambling, indeed in my case I will not deny that when winning it will be a big victory and maybe even make the debt paid off and also we are still profitable, but the problem is how big are our chances of winning gambling? I'm sure no one can answer this, because this is clearly based on luck alone.
You are right, nowadays who would lend money without collateral and also without interest, even if there are probably only the closest people. But would they lend him money when they know he's borrowing to gamble? I don't think they'd give him a loan.
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This is very good advice and also very important to heed and implement. Don't ever think about taking out a loan to use it for gambling. This is the same as just burning money by increasing debt. There is no guarantee that our gambling activities will always make money. That's why we should avoid borrowing money from anyone, especially loan sharks or people who deliberately give us money very easily so that we can continue to engage in gambling activities.
Don't be easily tempted by various types of loans or incitement from certain people who actually only want to benefit them. That's why, however, we have to be responsible thieves and know our condition. If we don't have a lot of money, we will always limit how much we spend on gambling.
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That's sound advice. Because gambling is a game to get pleasure and not to stay without underpants and with debts. For example, I play a little bit on the Fairpsin platform, where even in tournaments I can win good money and then just invest the winnings in crypto, this approach brings me more pleasure.
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Gambling with borrowed money can be very risky. Even at the end of the day many people have been harmed through gambling and people will continue to be harmed as well as benefited by it. If you have to gamble, then you can be motivated to gamble by keeping capital or spending your money for one month and then with whatever money you have. But my own personal opinion is that you should avoid gambling altogether if you can. But I know many people who gamble just for fun.
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The worst part again, the guy bought a phone of $160 last two weeks and to my surprised he has sold the phone and used the money to gamble. When a neighbor of his told me the news I was really shocked. And with this anger his girlfriend quarreled him and mistakenly used her small phone spoiled the newly bought solar system in the house. According to stories, she was stoning him with the phone and mistakenly stoned the TV. And now to buy new TV of that size is about $100. This are some of the bad examples in gambling addiction to irresponsible gamblers. Now the question nis if you are his friend what will you do? And you have advise him time without number, you are even tired.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
I don't think you can stop him because the guy is addicted to gambling, so he really needs help. In my opinion, you should first advise him to quit borrowing items for gambling, as this is the worst thing for a gambler and the reason why you see some gamblers commit suicide. Once he stop the habit, you can advise him and help him choose a strategy for gambling so that he won't put himself under pressure or anxiety.
First and foremost, he need to only bet money that he can afford to lose. He should also take regular breaks, which will be beneficial, particularly if his losses exceed his gains.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
I don't think you can stop him because the guy is addicted to gambling, so he really needs help. In my opinion, you should first advise him to quit borrowing items for gambling, as this is the worst thing for a gambler and the reason why you see some gamblers commit suicide. Once he stop the habit, you can advise him and help him choose a strategy for gambling so that he won't put himself under pressure or anxiety.
First and foremost, he need to only bet money that he can afford to lose. He should also take regular breaks, which will be beneficial, particularly if his losses exceed his gains.
Indeed, it will not be easy for someone who is addicted to gambling to consciously stop easily. Not that easy. Addicted gamblers usually tend to find it difficult to give and receive advice. if you want to stop. There must be a strong desire on his part, solid family support, and treatment assistance from someone who is an expert.
Especially if he is used to borrowing money for gambling. I think they certainly understand it well, but their desire for gambling is very addictive. so it may be difficult to advise. even though it is. Gambling with borrowed money is not recommended and the risk is very high.
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Why would any sane person even think of borrowing money to gamble, I mean that's the height of everything and that's why it's only a gambling addict that does this, imagine the story you just told, it's just really so sad that these set of persons don't know when to relent and they can't and won't stop until their completely destroyed.
Gambling addict is one serious thing and it get worse when you combine it drugs because drugs just makes you more destroy when you can place your hands on it and then imagine when someone has both problems.
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Why would any sane person even think of borrowing money to gamble, I mean that's the height of everything and that's why it's only a gambling addict that does this,
Not only does an addict borrow money to gamble even a newbie borrows with the hope of winning. Most times, these gamblers are deceived. Deceit in the sense that they chat with people online who claim to sell fixed matches and they are shown edited tickets. This can trigger the impulse to do anything just to buy the fixed match. Since they have been convinced that they must win because it's a fixed match, the ignorant gamblers resort to borrowing or using money meant for something else to pay for the fixed games, and after the outcome of the game they find out that they have been scammed.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
I don't think you can stop him because the guy is addicted to gambling, so he really needs help. In my opinion, you should first advise him to quit borrowing items for gambling, as this is the worst thing for a gambler and the reason why you see some gamblers commit suicide. Once he stop the habit, you can advise him and help him choose a strategy for gambling so that he won't put himself under pressure or anxiety.
First and foremost, he need to only bet money that he can afford to lose. He should also take regular breaks, which will be beneficial, particularly if his losses exceed his gains.
Indeed, it will not be easy for someone who is addicted to gambling to consciously stop easily. Not that easy. Addicted gamblers usually tend to find it difficult to give and receive advice. if you want to stop. There must be a strong desire on his part, solid family support, and treatment assistance from someone who is an expert.
Especially if he is used to borrowing money for gambling. I think they certainly understand it well, but their desire for gambling is very addictive. so it may be difficult to advise. even though it is. Gambling with borrowed money is not recommended and the risk is very high.
Well, when we are playing in a casino it is not good to play with other people's money, I think that in gambling things are very given to those who are, personally when one enters a casino due to the high risk, we must be people that they should always do things in the most correct way, so if we run out of money then we should not look for other ways to have more, for example the mere fact of lending money to play for me is something that is not Well, it is something that should not be done, because I consider that lending money should be done for emergencies, for example health issues, an expensive treatment, something like that, but to play, it is not worth it.
Furthermore, to lend money, the payment capacity must be considered because it must be fast and efficient, this plus the interest, all of this counts, so it is better not to do things just to do them, but to do things responsibly.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
He is too brave with his silliness, he borrowed money to gamble, Oh My Ghoossttt! Damnnn!
That's bad behavior because he uses other people's money to gamble, this really makes us dislike your friend's behavior.
I'm sure you can provide a solution to your friend so that he doesn't do the same thing because it will harm him in the future.
The solution might be:
-Pay his debt to his friend
-Don't play anymore with Betting and Gambling.
-Look for other activities that can make money apart from Betting and Gambling.
There was one point where he made a mistake, namely from "borrowing money for Betting or Gambling". This is just my view on this topic.
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Yeah because it is a suicide to get a loan just to fund your gambling accounts, not a good idea to be honest. Gambling does not guarantee any winnings so it is too risky for you to borrow money and then lost it all at once.
The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
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Yeah because it is a suicide to get a loan just to fund your gambling accounts, not a good idea to be honest. Gambling does not guarantee any winnings so it is too risky for you to borrow money and then lost it all at once.
The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Yeah and he ends up like getting another loan to pay for another loan and this is quiet common that is happening here in my locality. Some gamblers even use their hard earned money as well to place bets.
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Yeah because it is a suicide to get a loan just to fund your gambling accounts, not a good idea to be honest. Gambling does not guarantee any winnings so it is too risky for you to borrow money and then lost it all at once.
The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Yeah and he ends up like getting another loan to pay for another loan and this is quiet common that is happening here in my locality. Some gamblers even use their hard earned money as well to place bets.
Even in my area there are often unpleasant situations where gamblers even sell their houses to pay off their loans. In many cases it has been seen that even after selling the house, they migrated without being able to repay the loan. But those who have not yet indulged themselves in gambling can definitely learn from those circumstances. It should be noted that never gamble without paying off the loan and even without a loan.
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Even in my area there are often unpleasant situations where gamblers even sell their houses to pay off their loans. In many cases it has been seen that even after selling the house, they migrated without being able to repay the loan. But those who have not yet indulged themselves in gambling can definitely learn from those circumstances. It should be noted that never gamble without paying off the loan and even without a loan.
That is quiet alarming to be honest because people with that kind of attitude in gambling might influence or inspire other desperate gamblers to do the same if tolerated.
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My view on gambling is not good because it can damage the gambler's mentality.
Gambling using one's own money can also damage and destroy the gambler's economy, especially by using other people's money.
This experience was also felt when my ex-husband was an acute gambler, he could not be cured and only divorce could heal me personally.
I don't know whether my ex-husband gambled by borrowing from other people or not, but what is certain is that I have given up and was traumatized when my ex-husband gambled and neglected our small family. :'(
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My view on gambling is not good because it can damage the gambler's mentality.
Gambling using one's own money can also damage and destroy the gambler's economy, especially by using other people's money.
This experience was also felt when my ex-husband was an acute gambler, he could not be cured and only divorce could heal me personally.
I don't know whether my ex-husband gambled by borrowing from other people or not, but what is certain is that I have given up and was traumatized when my ex-husband gambled and neglected our small family. :'(
Sorry to hear about your husband's gambling problem and I do agree that undisciplined gambling could shatter family's relationship and here in our country, many families have been broken due to gambling.
Personally, i gamble but not to the extent that i will borrow money just to gamble as gambling is not a guaranteed win.
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In general it is not a good idea to go into debt, the only rational exception being to do so for investment purposes, provided that it is a controlled debt and the repayments do not represent a high % of income. But borrowing to gamble is a direct path to catastrophe, as can be seen in the OP's example.
The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Yeah and he ends up like getting another loan to pay for another loan and this is quiet common that is happening here in my locality. Some gamblers even use their hard earned money as well to place bets.
That is as long as they continue to give you loans. As soon as financial institutions detect this pattern of behaviour, they turn off the tap of loans.
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OP, I consistently mention that a person's gambling career ends when they borrow money for it. The advice will be effective when he does gambling randomly, and when he gets the addiction your efforts will be useless in making him realize that bowering money for gambling is bad. There are two possibilities in your friend's case one is that he reached the peak of addiction as he used to sell his house products to fulfill his gambling needs or maybe he is trying to worry about some money or sell something to get money and then earn from gambling and return it to the person from where he borrows the money and recover his losses. At this, I think u should convince him to leave gambling because the more he is in gambling the more he will ruin his life I know leaving gambling immediately is not possible so engage him in some other work so that his attention will be diverted to some time and he will leave it slowly and gradually.
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-Sorry to hear about your husband's gambling problem-
No problem, it's just a story from the past and now he is also my ex-husband.
I only tell this story because I see a topic that is very closely related to the story of my past.
Maybe this will be a motivational story for all members on this forum so they don't gamble too much, especially using borrowed money.
I also hope that you don't overdo it because gambling can also damage your mentality.
Maybe this gambling is for you to have fun but if it is excessive it is not good for your life.
This is just my advice to you, because I have experienced this with my ex-husband, I hope you don't have the same story as my life story. :)
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-Sorry to hear about your husband's gambling problem-
No problem, it's just a story from the past and now he is also my ex-husband.
I only tell this story because I see a topic that is very closely related to the story of my past.
Maybe this will be a motivational story for all members on this forum so they don't gamble too much, especially using borrowed money.
I also hope that you don't overdo it because gambling can also damage your mentality.
Maybe this gambling is for you to have fun but if it is excessive it is not good for your life.
This is just my advice to you, because I have experienced this with my ex-husband, I hope you don't have the same story as my life story. :)
Yeah, I agree that gambling or too much of it could affect our mental health which I hope I won't be affected by that. I'm not too young but not too old as well and I know now how to handle gambling as to not affect negatively on my life especially if we gamble with borrowed money.
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-Sorry to hear about your husband's gambling problem-
No problem, it's just a story from the past and now he is also my ex-husband.
I only tell this story because I see a topic that is very closely related to the story of my past.
Maybe this will be a motivational story for all members on this forum so they don't gamble too much, especially using borrowed money.
I also hope that you don't overdo it because gambling can also damage your mentality.
Maybe this gambling is for you to have fun but if it is excessive it is not good for your life.
This is just my advice to you, because I have experienced this with my ex-husband, I hope you don't have the same story as my life story. :)
Yeah, I agree that gambling or too much of it could affect our mental health which I hope I won't be affected by that. I'm not too young but not too old as well and I know now how to handle gambling as to not affect negatively on my life especially if we gamble with borrowed money.
Well I have a perception about it, the game is something that we must have a lot of responsibility for, we cannot be inventing things with our money, first of all losing our money and being left with nothing is our fault, because the first thing we must What to do as players is before entering a casino to allocate how much budget we are willing to lose, not to win, but to lose, because sometimes we imagine what we can win, but never what we will lose, then that is one of the first things, and once we decide that budget, what we must do is respect it if we lose, that is, if we lose we must assume and not deposit more money and less to pursue recovering what we already lost.
And well, once you do that, you can give yourself your way of doing whatever it is, with emotions, without emotions, with impulses or without impulses, the idea of ??this is that you don't become addicted.
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I'm not too young but not too old as well and I know now how to handle gambling as to not affect negatively on my life especially if we gamble with borrowed money.
Sorry, this only gives advice to you and maybe I personally give advice to you.
If you are married then love your family with positive things, maybe "in my opinion" gambling is not positive and tends to have negative results.
If you are still single, save as much money as possible so that in the future you can have funds when something suddenly happens. Sorry this is my advice and you don't need to take it seriously. :)
- before entering a casino to allocate how much budget we are willing to lose, -
Hii mate , if you give advice or you have tricks like that, maybe it's better for you to just send your money to me. Just kidding mate. lol
But it is said that every gambler has a different character and when they are given good and positive advice they cannot accept it easily.
Maybe only if they have experienced defeat will they feel what it means to lose. This is just my assessment from various people around me where this happened to my ex-husband.
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Gambling is a cause of social decay. It also causes curses for those who borrow money and gamble. No one can be sure whether he will profit or not in the case of tides. I have heard of a man in our country who gambled with his loan money to double his profit but at the end of the day he suffered the most. The next day he committed suicide after finding no way out. So gambling money should never be borrowed money as this can put you at great risk. Which can make you mentally ill.
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Re: Don't Borrow Money To Gambling.
One of the stupidest decisions a gambler can make, but unfortunately, many gamblers are still doing it because it's either they want to recover their losses, or they are just too greedy, and they don't have money thus, they're restoring to borrowing.
I know somebody here in our community who does that. He isn't borrowing money from different people per se, but he's selling all of his items just to have money to be used in gambling. He sold his motorcycle, and his appliances, and even a portion of his property has been sold as well. Where did the money go? Gambling, and not surprised that he lost all of them.
Don't borrow money to gamble. If you want to gamble then at least use your own money, and not the money of others. If you don't have money then don't gamble greedy stupid gambler. :P
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Re: Don't Borrow Money To Gambling.
One of the stupidest decisions a gambler can make, but unfortunately, many gamblers are still doing it because it's either they want to recover their losses, or they are just too greedy, and they don't have money thus, they're restoring to borrowing.
I know somebody here in our community who does that. He isn't borrowing money from different people per se, but he's selling all of his items just to have money to be used in gambling. He sold his motorcycle, and his appliances, and even a portion of his property has been sold as well. Where did the money go? Gambling, and not surprised that he lost all of them.
Don't borrow money to gamble. If you want to gamble then at least use your own money, and not the money of others. If you don't have money then don't gamble greedy stupid gambler. :P
Some people can't just stay without gambling for only one week so if they don't have money then they would go into borrowing and play their games. And some of don't don't have money to gamble and no where to borrow to play them selling of properties have started. And from my own looking at it borrowing and selling of properties, borrowing might be better than selling of properties because in borrowing you can do some roadside jobs and pay back the loan but selling of properties is not really advisable.
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The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Yeah and he ends up like getting another loan to pay for another loan and this is quiet common that is happening here in my locality. Some gamblers even use their hard earned money as well to place bets.
This is what addictive and revenge gambling can cause for a gambler. I have been a victim of this and I have learned from it. No matter how juicy is a game if I don't have money to stake I don`t go the extra mile looking for money to gamble.
I took a loan and then used my laptop as collateral which means if I don`t pay the loan for a specified period, I will lose my laptop. Unfortunately, the game didn`t play and I had to struggle to repay the loan because I didn't want to lose my laptop.
Gambling with loaned money increases the financial risk involved and can lead to emotional distress with the borrowed funds are lost. Non one should try it.
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The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
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Gambling not promising the winning and profitable so very risk get borrowing money to gamble, make gambling have fun only if you have money you can gamble but if haven't money just playing with demo account gambling only.
Many people losses everything when take borrowing to gamble as their house, car and most expensive as guarantee for getting borrowing. When losing they have pay bigger loan interested and difficult to pay back later with borrowing.
Use your free money when gambling, if you don't have job and earn much money better keep away from gambling and return later after you have money.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble
Allow me to quote the OP as I have not yet replied to this thread.
The value of 80 USD is very large and I have never had it if I had to work for up to one week.
OP's friend seems too silly to dare borrow money from his girlfriend because gambling is not recommended if we don't have money.
Just look at the end, you can guess, the gambler couldn't replace the money he borrowed, this was very strange for me because gambling by borrowing money from his girlfriend was too toxic in a dating relationship.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble
Allow me to quote the OP as I have not yet replied to this thread.
The value of 80 USD is very large and I have never had it if I had to work for up to one week.
OP's friend seems too silly to dare borrow money from his girlfriend because gambling is not recommended if we don't have money.
Just look at the end, you can guess, the gambler couldn't replace the money he borrowed, this was very strange for me because gambling by borrowing money from his girlfriend was too toxic in a dating relationship.
The worst part is that he bought new phone and installed used the phone to pay the loan and now he is phoneless. He bought another phone in easy buy which is an installmental payment and after four months he could not pay the phone again so he sold it out in a cheaper rate for the person to continue the payment. These are bad attitudes we are talking about. This is not recommended in the society.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble
Allow me to quote the OP as I have not yet replied to this thread.
The value of 80 USD is very large and I have never had it if I had to work for up to one week.
OP's friend seems too silly to dare borrow money from his girlfriend because gambling is not recommended if we don't have money.
Just look at the end, you can guess, the gambler couldn't replace the money he borrowed, this was very strange for me because gambling by borrowing money from his girlfriend was too toxic in a dating relationship.
The worst part is that he bought new phone and installed used the phone to pay the loan and now he is phoneless. He bought another phone in easy buy which is an installmental payment and after four months he could not pay the phone again so he sold it out in a cheaper rate for the person to continue the payment. These are bad attitudes we are talking about. This is not recommended in the society.
These kind of people are the one who seek an easy way to achieve what they want and to continue their gambling even if they don't have enough money. They rely only on their luck, hoping to have to win big and make money, even if they are using money that belongs to someone else. They don't consider the consequences of their actions, as they are not the ones who will suffer the loss of money.
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The worst part is that he bought new phone and installed used the phone to pay the loan and now he is phoneless. He bought another phone in easy buy which is an installmental payment and after four months he could not pay the phone again so he sold it out in a cheaper rate for the person to continue the payment. These are bad attitudes we are talking about. This is not recommended in the society.
Sorry to say this, but I think he needs to see a counselor, who could help him in overcoming such addiction, because it is obvious that he won't listen to the council of the people around him. I see regular gamblers daily, but they've never borrowed to stake a game. They prefer to use their own money no matter how small it is.
One thing that also makes people to borrow huge amount just to play game is the strange believe of getting it right after so many attempts. Gambling is mostly attributed to a game of luck, but requires strong analysis to get yourself involve. You win some and lose some.
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The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
Gambling is an uncertain possibility where it is not possible to predict with certainty which gambler will win. So if a gambler borrows money and bets, then if he wins the gambling bet, then he can repay the loan money. But if he loses the bet then he will not be able to repay the loan amount and he will have to take more loan to recover the loan amount thus there is a possibility of him going bankrupt in future.
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Some people have fall into this mistakes for long , there are lots of gamblers that thought they can just double their money when they gamble so sometimes they borrow money and try their luck but in the end? indeed they lose those money and they turn having more credit than what they use to have before that loan.
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Some people have fall into this mistakes for long , there are lots of gamblers that thought they can just double their money when they gamble so sometimes they borrow money and try their luck but in the end? indeed they lose those money and they turn having more credit than what they use to have before that loan.
Here, certain gamblers become emotional and make such mistakes which later lead to various problems. A gambler thinks that if I borrow money and gamble, surely I can return it with a quick profit. This is where gamblers go wrong and have to re-loan to bet before the loan is repaid. If the gambler loses again and again in this way, at some point the gambler becomes bankrupt and then leads a miserable life.
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The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
The wrong decision starts from conceiving the idea of taking a loan to gamble. No matter the outcome of the bet, regardless of your winning, it is still a wrong decision. Taking a loan to gamble increases the stakes, and if the individual loses, he will be left with a debt. If the gambler struggles to pay back, he might involve himself in missed payments, or defaulted loans, and this will affect his credit score.
When an individual takes out a loan to gamble, they are creating problems in their lives. If they lose the money they borrowed, they may be tempted to take out another loan to try and recoup their losses. This creates a cycle of compounding debt that can be difficult to escape from. The gambler will be in a situation where he owes more money than he can realistically pay back. He might end up selling off his properties to pay back loans or working without getting paid since his salary will be used for paying back the loans.
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Some people have fall into this mistakes for long , there are lots of gamblers that thought they can just double their money when they gamble so sometimes they borrow money and try their luck but in the end? indeed they lose those money and they turn having more credit than what they use to have before that loan.
Here, certain gamblers become emotional and make such mistakes which later lead to various problems. A gambler thinks that if I borrow money and gamble, surely I can return it with a quick profit. This is where gamblers go wrong and have to re-loan to bet before the loan is repaid. If the gambler loses again and again in this way, at some point the gambler becomes bankrupt and then leads a miserable life.
I will admit that lately, I did this strategy, first 2 loans it was successful as I was able to win paid it full and then have some money in my pocket. But when the itch comes again, try it the 3rd time, but this time it was a failure and so I have to repaid it in full which I already did.
But the cost though, not just the money but the emotions. So lessons learn for me, I will never take this chance again. If I don't have money to gamble then I will simply stop and not force the issues just because I wanted to gamble.
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Gambling have bigger risk and not good ideas when borrowing money for gambling, what the second alternative when losing in gambling and how to pay loan interested or borrowing interest.
I think some gambler more confidence when using borrowing money for gambling because they can manage for winning, but when less opportunity for winning how to repay loan interest and other side every month waiting for with repayment.
Don't take risk with gambling borrow the money, if you don't have much money never take borrowing and keep use free money if want to gamble.
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The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
Not only that but we will also lose your dignity and reputation if we borrow money for our gambling activities. That clearly means that we are an irresponsible gambler and we have to expect that some people close to us will stay away from us sooner or later.
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The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
Not only that but we will also lose your dignity and reputation if we borrow money for our gambling activities. That clearly means that we are an irresponsible gambler and we have to expect that some people close to us will stay away from us sooner or later.
At first won't the person reason what lead he or she ti have the thought of borrowing money to gambling, when he or she knows already that was due to gambling they lose their funds before thinking of borrowing so how site are you that you won't end up losing the money you borrowed to gamble. That why is always good to gamble responsibly and with what you can afford to lose. Ones you see you have run out of cash to gambling patiently wait till you are funds again to gamble.
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Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
There is no way to ensure we can win in gambling, the chance to win will be always 50% only. If we use loan money, we have the responsibility to repay the loan. It will be difficult when we seldom winning the gambling games. In this way, we may be trapped with the loan. Sometimes someone decides to have a new loan to repay the the loan. This becomes more complicated if he/she always tries to have a new loan to fix old loans.
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Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
There is no way to ensure we can win in gambling, the chance to win will be always 50% only. If we use loan money, we have the responsibility to repay the loan. It will be difficult when we seldom winning the gambling games. In this way, we may be trapped with the loan. Sometimes someone decides to have a new loan to repay the the loan. This becomes more complicated if he/she always tries to have a new loan to fix old loans.
Even I see that in gambling our chances of winning are less than 50%, the article when I gamble it receives more defeats than wins, it means that our chances of winning are smaller than losing. But that's my opinion.
It is not wise at all to borrow money for gambling, especially if we already know how risky gambling is. Even for me personally, borrowing money for other needs that are not urgent, I will avoid borrowing.
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The only problem with gambling with a loan is that if you lose the first bet, there is no way to repay the loan. If he is unable to repay the loan, he will be forced to take additional loans.
Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
Gambling will win money or lose money but we cannot say anything for sure in advance only there is some probability and positive thought that we will win. Seeing that our thoughts are positive, we will always gamble and win, but it is not so easy. I assume a gambler is good enough in gambling and has enough experience yet he can lose any time and by losing he can give big money loss any time. It makes no sense to borrow money from others to gamble where there is such a possibility that gamblers will lose money, it is definitely a foolish decision.
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Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
There is no way to ensure we can win in gambling, the chance to win will be always 50% only. If we use loan money, we have the responsibility to repay the loan. It will be difficult when we seldom winning the gambling games. In this way, we may be trapped with the loan. Sometimes someone decides to have a new loan to repay the the loan. This becomes more complicated if he/she always tries to have a new loan to fix old loans.
Even I see that in gambling our chances of winning are less than 50%, the article when I gamble it receives more defeats than wins, it means that our chances of winning are smaller than losing. But that's my opinion.
It is not wise at all to borrow money for gambling, especially if we already know how risky gambling is. Even for me personally, borrowing money for other needs that are not urgent, I will avoid borrowing.
Good to hear that mate. You really are a responsible gambler when you say you are not using loan money for your gambling activities. We all know that gambling won't give us the highest probability of winning it is because gambling is based on luck. So borrowing money is not an option for me as well especially if it was intended for gambling.
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When it comes to gambling and you are that considering on taking up some loans then you are just basically putting up yourself on such huge problem because you would really be
needing to repay up those loans at the same time you have lost the money that you had borrowed to gamble on which its a double kill and you are really that having that huge problem
later on. Well, people doesnt really make out those realizations not until they would really be experiencing those hard situations or consequences. They would really be that
still continuing until on the time that they would really be able to make themselves realize that it wasnt that a good step or decision.
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When it comes to gambling and you are that considering on taking up some loans then you are just basically putting up yourself on such huge problem because you would really be
needing to repay up those loans at the same time you have lost the money that you had borrowed to gamble on which its a double kill and you are really that having that huge problem
later on. Well, people doesnt really make out those realizations not until they would really be experiencing those hard situations or consequences. They would really be that
still continuing until on the time that they would really be able to make themselves realize that it wasnt that a good step or decision.
I would rather take loan for important thing than gambling because when you take loan for something very important it will add value to you than gambling because when the money lost you will start having heart attack especially when the money huge and even as that the interest keeps increasing to something you don't expect till you will you pay back those loans. So, taking loan to gamble is a very bad habit and anyone who is in found of doing this should stops and looking a better way to gamble without involving themselves to loan for gambling.
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When it comes to gambling and you are that considering on taking up some loans then you are just basically putting up yourself on such huge problem because you would really be
needing to repay up those loans at the same time you have lost the money that you had borrowed to gamble on which its a double kill and you are really that having that huge problem
later on. Well, people doesnt really make out those realizations not until they would really be experiencing those hard situations or consequences. They would really be that
still continuing until on the time that they would really be able to make themselves realize that it wasnt that a good step or decision.
I would rather take loan for important thing than gambling because when you take loan for something very important it will add value to you than gambling because when the money lost you will start having heart attack especially when the money huge and even as that the interest keeps increasing to something you don't expect till you will you pay back those loans. So, taking loan to gamble is a very bad habit and anyone who is in found of doing this should stops and looking a better way to gamble without involving themselves to loan for gambling.
It is even risky to use loan money in an investment how much more in using it for gambling which does not guarantee any winning for us. Loan is terrible especially if we are not having stable source of income and pouring all of that money into gambling. We should learn from other gamblers mistake on using loan money in gambling that ended badly.
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Never gamble with loans. You can't be sure that you will win. If you gamble with loans, you can't be sure that you won't lose money. If you lose the money gambling then you will realize how wrong decision you made by gambling with loans.
There is no way to ensure we can win in gambling, the chance to win will be always 50% only. If we use loan money, we have the responsibility to repay the loan. It will be difficult when we seldom winning the gambling games. In this way, we may be trapped with the loan. Sometimes someone decides to have a new loan to repay the the loan. This becomes more complicated if he/she always tries to have a new loan to fix old loans.
I think it is even 70/30. That is we have a 70% chance of losing and only a 30% chance of winning. From experience, a gambler loses more than he wins but as a gambler, I always hope that my winnings can augment my loss. While it's possible to win in the short term, the law of large numbers suggests that over an extended period, outcomes tend to converge toward the expected probabilities. This means that the more you play, the more likely you are to experience losses. So, there shouldn`t be a need for borrowing to gamble because that will amount to paying back money you never used for anything productive.
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Taking a loan for gambling is very risky because when one takes a loan, he must repay the loan. so if a person who does not have money to gamble takes a loan and loses that money in gambling then no one should ever think of taking a loan unless he has a backup of how he will repay that loan. I would advise everyone to stay away from this Gambling should only be used for fun and should not involve loan money and should be used for a maximum of 10% of income. only then can one avoid the harmful effects of gambling
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Even I see that in gambling our chances of winning are less than 50%, the article when I gamble it receives more defeats than wins, it means that our chances of winning are smaller than losing. But that's my opinion.
It is not wise at all to borrow money for gambling, especially if we already know how risky gambling is. Even for me personally, borrowing money for other needs that are not urgent, I will avoid borrowing.
Good to hear that mate. You really are a responsible gambler when you say you are not using loan money for your gambling activities. We all know that gambling won't give us the highest probability of winning it is because gambling is based on luck. So borrowing money is not an option for me as well especially if it was intended for gambling.
Actually, it's hard to say that I'm a responsible gambler, because in fact I'm just doing what I can to avoid gambling that is unreasonable or outside the limits.
because responsibility is not as easy as it is spelled, we have to be truly disciplined in carrying out everything, and I will not deny that as a human being I am still sometimes controlled by something negative, but what is different is that I can suppress that feeling so that it does not dominate us.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
I would say not to give loans to friends who are addicted to this kind of gambling. I myself had a few friends who took loans from others and then gambled. He also took from me a few times but he used to take the loans for some other reason, but when I came to know that he gambled with loans. Since then I gave him No more loans. Moreover, I think it is better to keep distance from such public people. But it is better to encourage them that gambling is not just for fun, it will become a nightmare for your life if you become addicted.
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What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
I would say not to give loans to friends who are addicted to this kind of gambling. I myself had a few friends who took loans from others and then gambled. He also took from me a few times but he used to take the loans for some other reason, but when I came to know that he gambled with loans. Since then I gave him No more loans. Moreover, I think it is better to keep distance from such public people. But it is better to encourage them that gambling is not just for fun, it will become a nightmare for your life if you become addicted.
No doubts, It is best not to lend money to friends who have a gambling addiction because providing such friends with loans can worsen their addiction. Setting boundaries and refusing to support their gambling habit financially can be a positive step in encouraging them to seek help and address their addiction.
But then, the question now is how do you know that the person will use the loan for gambling? This question is important because when a friend comes for a loan, even if he is a gambler, he will always justify the importance of the loan and also note that the loan is for a good course. So, it becomes difficult to deny such a friend loan.
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Actually, it's hard to say that I'm a responsible gambler, because in fact I'm just doing what I can to avoid gambling that is unreasonable or outside the limits.
because responsibility is not as easy as it is spelled, we have to be truly disciplined in carrying out everything, and I will not deny that as a human being I am still sometimes controlled by something negative, but what is different is that I can suppress that feeling so that it does not dominate us.
Gambling is not a good way to get rich, because it does not use analysis and knowledge in gambling. just rely on luck. why do we have to go into debt for gambling, because we don't necessarily win when gambling.
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But then, the question now is how do you know that the person will use the loan for gambling? This question is important because when a friend comes for a loan, even if he is a gambler, he will always justify the importance of the loan and also note that the loan is for a good course. So, it becomes difficult to deny such a friend loan.
If your friend is involved in gambling activities and if you are aware of it, use that information to be your warning to avoid lending them money. The fact that he is into gambling should be enough reason for you to decline his request, there's no need to consider knowing how they will use the money or if they will be able to repay you. The fact that you know their history of gambling, the borrowed money will likely be used for the same purpose, that's why it's best to avoid this kind of situation.
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Actually, it's hard to say that I'm a responsible gambler, because in fact I'm just doing what I can to avoid gambling that is unreasonable or outside the limits.
because responsibility is not as easy as it is spelled, we have to be truly disciplined in carrying out everything, and I will not deny that as a human being I am still sometimes controlled by something negative, but what is different is that I can suppress that feeling so that it does not dominate us.
Gambling is not a good way to get rich, because it does not use analysis and knowledge in gambling. just rely on luck. why do we have to go into debt for gambling, because we don't necessarily win when gambling.
What is clear is that gambling is not a way to get rich. I agree with that, therefore we have to really do something to avoid things we shouldn't do in gambling.
Going into debt and forcing yourself to gamble is not wise at all, because if it is like that then it could be said that you are just following uncontrolled gambling emotions. I suggest always avoiding debt to satisfy the urge to gamble. Apart from having to return the money we borrow, it is also very likely that we will not be able to enjoy the money.
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But then, the question now is how do you know that the person will use the loan for gambling? This question is important because when a friend comes for a loan, even if he is a gambler, he will always justify the importance of the loan and also note that the loan is for a good course. So, it becomes difficult to deny such a friend loan.
If a friend of yours is involved in gambling activities and you are aware of it, that should serve as a warning for you not to lend them money. This fact alone should be sufficient reason for you to decline their request, without having to consider how they will use the borrowed money or whether they will be able to repay you. Given that they have a history of gambling, it is likely that the borrowed money will be used for the same purpose, hence it's best to avoid such a situation altogether.
I don’t subscribe to your opinion. I think the best thing to do is to use your hand in solving the problem. For instance, if your friend is borrowing money from you to pay a bill, you just have to do a background check if he is sincere and if it is true, I advise you to use your hand in paying the bills instead of declining vehemently because that little favour matters and might even be a lifesaver. A friend in need is a friend indeed and so there should be no justification for not helping a friend when you can.
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But then, the question now is how do you know that the person will use the loan for gambling? This question is important because when a friend comes for a loan, even if he is a gambler, he will always justify the importance of the loan and also note that the loan is for a good course. So, it becomes difficult to deny such a friend loan.
If a friend of yours is involved in gambling activities and you are aware of it, that should serve as a warning for you not to lend them money. This fact alone should be sufficient reason for you to decline their request, without having to consider how they will use the borrowed money or whether they will be able to repay you. Given that they have a history of gambling, it is likely that the borrowed money will be used for the same purpose, hence it's best to avoid such a situation altogether.
I don’t subscribe to your opinion. I think the best thing to do is to use your hand in solving the problem. For instance, if your friend is borrowing money from you to pay a bill, you just have to do a background check if he is sincere and if it is true, I advise you to use your hand in paying the bills instead of declining vehemently because that little favour matters and might even be a lifesaver. A friend in need is a friend indeed and so there should be no justification for not helping a friend when you can.
Surely it should be that when a friend is in trouble, another friend will come forward. But when we see that borrowed money is used for gambling by lying or borrowing from a friend then it is not normal anymore. If the gambler is an addict then I can assert that it will be difficult for him to pay back the money borrowed from his friend. There the faith of one person to another will be lost. So I think in terms of lending money if possible you should give money after knowing about the friend. Moreover, if a friend wants to borrow money for the first time, it is definitely difficult to ignore.
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But then, the question now is how do you know that the person will use the loan for gambling? This question is important because when a friend comes for a loan, even if he is a gambler, he will always justify the importance of the loan and also note that the loan is for a good course. So, it becomes difficult to deny such a friend loan.
If a friend of yours is involved in gambling activities and you are aware of it, that should serve as a warning for you not to lend them money. This fact alone should be sufficient reason for you to decline their request, without having to consider how they will use the borrowed money or whether they will be able to repay you. Given that they have a history of gambling, it is likely that the borrowed money will be used for the same purpose, hence it's best to avoid such a situation altogether.
I don’t subscribe to your opinion. I think the best thing to do is to use your hand in solving the problem. For instance, if your friend is borrowing money from you to pay a bill, you just have to do a background check if he is sincere and if it is true, I advise you to use your hand in paying the bills instead of declining vehemently because that little favour matters and might even be a lifesaver. A friend in need is a friend indeed and so there should be no justification for not helping a friend when you can.
Surely it should be that when a friend is in trouble, another friend will come forward. But when we see that borrowed money is used for gambling by lying or borrowing from a friend then it is not normal anymore. If the gambler is an addict then I can assert that it will be difficult for him to pay back the money borrowed from his friend. There the faith of one person to another will be lost. So I think in terms of lending money if possible you should give money after knowing about the friend. Moreover, if a friend wants to borrow money for the first time, it is definitely difficult to ignore.
Sometimes we give a lot of importance when a player asks for money to lend, why do I say it like that? Honestly, we are all responsible for our actions, if a person borrows money, if it is for a casino and to play, well that is already the responsibility of that person, you will see that with money, what they have to do is see if the person who If you lend the money you have the ability to pay, that is what matters to the lender, I don't see any other way of looking at things.
Yes, it is recommended to do whatever it takes to avoid playing in a casino, because at least I have a very different culture from this, to ask for a loan is because I really need the money for something like a medical emergency or something like that, and if I decide to lend money, I am totally worried because all my energy is Focused on paying that money and quickly, but of course, it is my way of being, my way of seeing things.
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Who will Borrow money for gambling he will be huge economically destroy there has no doubt i think. Because Borrowing money is very painful i think. And who will borrow money to invest on gambling he will mentally existed because they always feel pressure i think.
I known some people who are take mone from borrowing he will be huge losser. Because Borrowing create extra presser which are not exist on ours self Money. So i will tell please dont borrow money to gamble.
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I don’t subscribe to your opinion. I think the best thing to do is to use your hand in solving the problem. For instance, if your friend is borrowing money from you to pay a bill, you just have to do a background check if he is sincere and if it is true, I advise you to use your hand in paying the bills instead of declining vehemently because that little favour matters and might even be a lifesaver. A friend in need is a friend indeed and so there should be no justification for not helping a friend when you can.
Are you out of your mind? Paying their bills or giving them money is not a real help. This shows that you just spoon-feeding them and don't give encouragement to try earning by themselves. Much better if you help them try to find a stable source of income to support their needs. If you want to help a friend, you must look for some other ways to support them, and not get involved in paying their bills. It's better to not make them feel that you are always on their back to cover their expenses.
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I don’t subscribe to your opinion. I think the best thing to do is to use your hand in solving the problem. For instance, if your friend is borrowing money from you to pay a bill, you just have to do a background check if he is sincere and if it is true, I advise you to use your hand in paying the bills instead of declining vehemently because that little favour matters and might even be a lifesaver. A friend in need is a friend indeed and so there should be no justification for not helping a friend when you can.
Are you out of your mind? Paying their bills or giving them money is not a real help. This shows that you just spoon-feeding them and don't give encouragement to try earning by themselves. Much better if you help them try to find a stable source of income to support their needs. If you want to help a friend, you must look for some other ways to support them, and not get involved in paying their bills. It's better to not make them feel that you are always on their back to cover their expenses.
You sounded so disrespectful but its okay. So, are you saying that we should see a friend in need and then ignore him because he is a gambler? Do you think that is ideal? Remember a friend in need is a friend indeed. Besides, the fact that a friend demanded for a loan from you doesn`t mean that they do not have a source of income. I don`t see anything wrong with a friend borrowing money. Our concern here is that the money shouldn`t be used for gambling if he is a gambler.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble thinking that he would win and pay back the money with interest but ironically the money lost for the gambling and when it is time to pay back the money, there was no money to pay back again and he ran to me to give him loan and he game me his mobile phone ( Tecno Spark 10) as collateral, and took the phone and gave the money. And early in the morning, the following day, he come again that he wants to sell his solar system so he can used the money to settle some debt. And I bought it from him as a cheaper price. And I was not comfortable with it so I called him to come in the evening and asked why he sold the solar and he told me that he sold it to pay some gambling debt. And I gave him some advice. And we depart.
What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
First of all that guy need a therapist and he has to stay away from any betting shops or betting sites, avoid friends who are gambler's , if he can keep to what I just said changes can start from there.
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First of all that guy need a therapist and he has to stay away from any betting shops or betting sites, avoid friends who are gambler's , if he can keep to what I just said changes can start from there.
It is never possible to stay away from the environment of gambling and drug addicts, moreover, even if you stay away from friends and playmates of misbehavior, it will not be possible to stay away from gambling addicts if you do not stop advertising on gambling and casino sites through various online advertisements. Moreover, learning to self-control and abstaining from forbidden things is a very difficult challenge, here usually gamblers cannot self-control and refrain from forbidden things.
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I don’t subscribe to your opinion. I think the best thing to do is to use your hand in solving the problem. For instance, if your friend is borrowing money from you to pay a bill, you just have to do a background check if he is sincere and if it is true, I advise you to use your hand in paying the bills instead of declining vehemently because that little favour matters and might even be a lifesaver. A friend in need is a friend indeed and so there should be no justification for not helping a friend when you can.
Are you out of your mind? Paying their bills or giving them money is not a real help. This shows that you just spoon-feeding them and don't give encouragement to try earning by themselves. Much better if you help them try to find a stable source of income to support their needs. If you want to help a friend, you must look for some other ways to support them, and not get involved in paying their bills. It's better to not make them feel that you are always on their back to cover their expenses.
You sounded so disrespectful but its okay. So, are you saying that we should see a friend in need and then ignore him because he is a gambler? Do you think that is ideal? Remember a friend in need is a friend indeed. Besides, the fact that a friend demanded for a loan from you doesn`t mean that they do not have a source of income. I don`t see anything wrong with a friend borrowing money. Our concern here is that the money shouldn`t be used for gambling if he is a gambler.
No, my bad. I was just shocked by the way you think about giving a hand to a friend. It's like you are making yourself be the one responsible for what he got from the decisions he chose. I don't say we ignore him, but more of making them realize that due to his actions, people around him even his friends can have doubts about him. I don't ignore a friend personally, I just don't tolerate the actions they make if I know they are not on the right path. In this kind of situation, what we need to do is to put them on the correct path, that's the best help we can give and not to be the one paying their bills which is their own responsibility, not ours.
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Who will Borrow money for gambling he will be huge economically destroy there has no doubt i think. Because Borrowing money is very painful i think. And who will borrow money to invest on gambling he will mentally existed because they always feel pressure i think.
Yes, taking a loan is one of the things that is very risky in gambling and sometimes it goes nowhere. Because gambling will probably make you successful. In fact, the more debt you have, the more you will lose. And this will continue continuously until the gamblers become conscious.
Gamblers who often do this usually become quite popular. Gambling by taking loans will not make your life better.
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This is a message that has been preached a million times, and probably just common sense that anybody will read between the lines as the risk is super high..but humans being humans we will never listen to sober advice not until we experience it ourselves and fail to win then we get to understand why not to gamble with borrowed money!
And the other thing is that, Gambling with borrowed money doesn't give you the freedom to play as you have this chip on your shoulder that will always put you under pressure and lead to reckless gambling which ends with you losing all your money.
As people who are privileged to this information, let's change the narrative going forward :)
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And the other thing is that, Gambling with borrowed money doesn't give you the freedom to play as you have this chip on your shoulder that will always put you under pressure and lead to reckless gambling which ends with you losing all your money.
Not everyone can tolerate pressure gambling on borrowed money puts on a gambler. Some people gamble recklessly to borrow money. Here they face more danger. A gambler can make the best decisions when he is completely financially independent but cannot make such decisions when he uses borrowed money. In gambling every gambler is under some kind of human stress during betting but when a gambler chooses to gamble with borrowed money, that stress is doubled. In that situation, even if you try to win from gambling, the result is not good.
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First of all that guy need a therapist and he has to stay away from any betting shops or betting sites, avoid friends who are gambler's , if he can keep to what I just said changes can start from there.
It is never possible to stay away from the environment of gambling and drug addicts, moreover, even if you stay away from friends and playmates of misbehavior, it will not be possible to stay away from gambling addicts if you do not stop advertising on gambling and casino sites through various online advertisements. Moreover, learning to self-control and abstaining from forbidden things is a very difficult challenge, here usually gamblers cannot self-control and refrain from forbidden things.
Yeah, except for countries or states that prohibit gambling, it is not possible to stay away from a gambling environment. The awareness about gambling and the rate of advertisement done by the Bookies even makes it difficult to avoid gambling-related content. Today, I was sent a message by one of the Bookies telling me that I had been given a bonus. This is enough to revive my interest in gambling if initially I had plans to stop.
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And the other thing is that, Gambling with borrowed money doesn't give you the freedom to play as you have this chip on your shoulder that will always put you under pressure and lead to reckless gambling which ends with you losing all your money.
Not everyone can tolerate pressure gambling on borrowed money puts on a gambler. Some people gamble recklessly to borrow money. Here they face more danger. A gambler can make the best decisions when he is completely financially independent but cannot make such decisions when he uses borrowed money. In gambling every gambler is under some kind of human stress during betting but when a gambler chooses to gamble with borrowed money, that stress is doubled. In that situation, even if you try to win from gambling, the result is not good.
Gambling is a very risky thing and here if one gambles with loan then he is in big danger because no one knows who will win in gambling so if one does not have own money and invests money in gambling by loan then if they don't win in gambling they lose it. How will they pay the loan? In this case, he will suffer a lot financially when he comes to accept the fun of gambling. This will bring great danger to him. So no one should take a decision take loan to gamble. In gambling one should only use one's own money as much as possible and one who can afford to lose should use as much money in gambling as possible.
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Gambling is a very risky thing and here if one gambles with loan then he is in big danger because no one knows who will win in gambling so if one does not have own money and invests money in gambling by loan then if they don't win in gambling they lose it. How will they pay the loan? In this case, he will suffer a lot financially when he comes to accept the fun of gambling. This will bring great danger to him. So no one should take a decision take loan to gamble. In gambling one should only use one's own money as much as possible and one who can afford to lose should use as much money in gambling as possible.
When we use our own money, we have to gamble according to the rules, because if we don't, it will drain the money we have. And I never thought about gambling using money from a loan, because apart from that it could cause losses, we also have to be able to pay it back.
There is no reason whatsoever that I can see to gamble with borrowed money. And there is nothing that can be justified in doing that. If someone still forces themselves to do something like that, then we need to question how they think.
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First of all that guy need a therapist and he has to stay away from any betting shops or betting sites, avoid friends who are gambler's , if he can keep to what I just said changes can start from there.
By following these steps, a gambler can definitely quit gambling addiction, but it is easier said than done, which makes it very difficult for the gambler to quit gambling. Nowadays e-gambling ads are seen everywhere and even a gambler cannot ignore them so even if he can follow all the steps, he cannot stay away from gambling.
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A Gambling addicted friend of mine borrowed $80 from Point of Sale (POS) girl and used it to gamble thinking that he would win and pay back the money with interest but ironically the money lost for the gambling and when it is time to pay back the money, there was no money to pay back again and he ran to me to give him loan and he game me his mobile phone ( Tecno Spark 10) as collateral, and took the phone and gave the money. And early in the morning, the following day, he come again that he wants to sell his solar system so he can used the money to settle some debt. And I bought it from him as a cheaper price. And I was not comfortable with it so I called him to come in the evening and asked why he sold the solar and he told me that he sold it to pay some gambling debt. And I gave him some advice. And we depart.
What do you think this guy should do to stop this habit because I have tried my best to stop him but no way. You input is needed.
Gambling addiction is a very serious addiction that can destroy the life of a person once it gets hold of it. Your friend is addicted to gambling which is why he participates by borrowing money. Not being able to pay that day will pay someone else by pledging his mobile to you is such a thought that only gambling addicts can think of because their main goal is to take up gambling. People with such experiences I have seen many people in my area who mortgage their house land deeds to others for gambling. As long as he continues to pay, the owner of the land is another. In this way, by giving money gambling opportunities to all those people and to save your friend from gambling addiction, you have to be friendly with him. If you can keep him entertained all the time by befriending him, your friend will come out of gambling addiction.
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First of all that guy need a therapist and he has to stay away from any betting shops or betting sites, avoid friends who are gambler's , if he can keep to what I just said changes can start from there.
By following these steps, a gambler can definitely quit gambling addiction, but it is easier said than done, which makes it very difficult for the gambler to quit gambling. Nowadays e-gambling ads are seen everywhere and even a gambler cannot ignore them so even if he can follow all the steps, he cannot stay away from gambling.
You just spoke my mind. Many people can give remedy to solution but those remedies are not working for the physical person who is addicted seriously in gambling. As you said those steps are good to eradicate gambling addiction but how many gamblers have been finally stopped it by those steps. It is easier to tell but what if the action and that is where the problem always lie. If those methods were working by now gambling addiction is not like before again. To leave gambling is from the mindset of the gambler. We can only advise them and allow them to decide.
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First of all that guy need a therapist and he has to stay away from any betting shops or betting sites, avoid friends who are gambler's , if he can keep to what I just said changes can start from there.
By following these steps, a gambler can definitely quit gambling addiction, but it is easier said than done, which makes it very difficult for the gambler to quit gambling. Nowadays e-gambling ads are seen everywhere and even a gambler cannot ignore them so even if he can follow all the steps, he cannot stay away from gambling.
You just spoke my mind. Many people can give remedy to solution but those remedies are not working for the physical person who is addicted seriously in gambling. As you said those steps are good to eradicate gambling addiction but how many gamblers have been finally stopped it by those steps. It is easier to tell but what if the action and that is where the problem always lie. If those methods were working by now gambling addiction is not like before again. To leave gambling is from the mindset of the gambler. We can only advise them and allow them to decide.
Following those steps can be challenging and that is why I have always advocated that the first step is for the addict to accept that he is addicted and wants to stop gambling addiction. When a gambler has made such a confession, then it can be relatively easier to follow the steps.
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One of the dumb things to do is to borrow to gamble. With your funds you couldn't win is it when you borrow that you will win? A gambler shouldn't see how juicy and tempting a game appears and then resort to borrowing. You will still not win but then you will end up accumulating debts for something you didn't use for a productive venture. Always control your gambling urge. Don't let gambling control you.
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Following those steps can be challenging and that is why I have always advocated that the first step is for the addict to accept that he is addicted and wants to stop gambling addiction. When a gambler has made such a confession, then it can be relatively easier to follow the steps.
it's not easy to make gamblers aware, friends. My friend, even though all his assets have been used up, still doesn't realize that he is now homeless. Because his business was sold out. Before investing, we should have the courage to lose the money we invest, of course it must be cold money, not from loans.
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Its funny how people think that gambling is like investment.
Many people today take unnecessary loans and credits to play gamble and at the end of the day, they loose their money and it resolves to them selling their properties to pay back the money or taking more loans to meet up which will require more loan interest.
Gambling is based on luck and I think one should not gamble unnecessarily. Even when you have the money, I will advice you to gamble the money you can afford to loose for that particular time and also money that will not shake you financially at that point.
Gamble wisely fam...
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Its funny how people think that gambling is like investment.
Many people today take unnecessary loans and credits to play gamble and at the end of the day, they loose their money and it resolves to them selling their properties to pay back the money or taking more loans to meet up which will require more loan interest.
Gambling is based on luck and I think one should not gamble unnecessarily. Even when you have the money, I will advice you to gamble the money you can afford to loose for that particular time and also money that will not shake you financially at that point.
Gamble wisely fam...
Its bad ideas when thinking gambling is like investment, which one side gambling have been familiar with investment way? gambling large risk and they are less percentage for winning, I don't know how come some people mindset with gambling is like investment. Indeed how smart research with gambling can't guarantee with the winning but difference with investing we can earn much profitable exactly with good research.
Keep away gambling is like investment and not good ideas when borrowing money to gambling without promising to earn much profitable.
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Its funny how people think that gambling is like investment.
Many people today take unnecessary loans and credits to play gamble and at the end of the day, they loose their money and it resolves to them selling their properties to pay back the money or taking more loans to meet up which will require more loan interest.
Gambling is based on luck and I think one should not gamble unnecessarily. Even when you have the money, I will advice you to gamble the money you can afford to loose for that particular time and also money that will not shake you financially at that point.
Gamble wisely fam...
Its bad ideas when thinking gambling is like investment, which one side gambling have been familiar with investment way? gambling large risk and they are less percentage for winning, I don't know how come some people mindset with gambling is like investment. Indeed how smart research with gambling can't guarantee with the winning but difference with investing we can earn much profitable exactly with good research.
Keep away gambling is like investment and not good ideas when borrowing money to gambling without promising to earn much profitable.
Maybe the reason why some other people have this kind of idea where they think that gambling is like an investment is because they think that investment is the same as gambling.
It's more like they also try investment and think that if they are lucky, they get the profit just like in gambling. They don't bother doing any other research when they invest, and they happen to put their money hoping to at least make a profit.
That's why they think gambling is the same way. They don't see any difference as they invest like they are gambling which is an incorrect mindset and both investment and gambling should not be compared. They are both different and should be treated differently.
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First of all that guy need a therapist and he has to stay away from any betting shops or betting sites, avoid friends who are gambler's , if he can keep to what I just said changes can start from there.
By following these steps, a gambler can definitely quit gambling addiction, but it is easier said than done, which makes it very difficult for the gambler to quit gambling. Nowadays e-gambling ads are seen everywhere and even a gambler cannot ignore them so even if he can follow all the steps, he cannot stay away from gambling.
You just spoke my mind. Many people can give remedy to solution but those remedies are not working for the physical person who is addicted seriously in gambling. As you said those steps are good to eradicate gambling addiction but how many gamblers have been finally stopped it by those steps. It is easier to tell but what if the action and that is where the problem always lie. If those methods were working by now gambling addiction is not like before again. To leave gambling is from the mindset of the gambler. We can only advise them and allow them to decide.
You both are right on this.Even the person who is giving out solutions to problems on gambling still comes back to gamble.And there is one thing I've discovered about gambling,that as long as you have placed your money on gambling before,and you lose it,,your mind will always be running back to it,stating the need you have currently,that it may be a solution to the pressure you have which is so pressing.That is why most people find it so difficult to stop nomatter how they try.
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To be honest this is quite funny, at first you borrowing that money how certain or what are the odds of you winning with that money you borrowed, because you thinking of borrowing money to gamble shows that you don't have any money with you left to gamble, might be due to various losses doing your gambling section.
You know that is two different thing losing your money and losing someone else's. And this is truly against the rules of gambling with money you can afford to lose , and this time you ain't planning to only lose money you can't risk but also someone else's money. Because you losing your money you can easily move on and continue with your life. But when is money you borrowed that could be another case, and you may endup putting yourself in debts. Adding another issue to the previous one.
That why you have to gamble with only funds you can afford to lose, and in any way you endup losing it and you see you don't have enough money to continue you put some break first till you have enough funds to continue than going on borrowing money to gamble.
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To be honest this is quite funny, at first you borrowing that money how certain or what are the odds of you winning with that money you borrowed, because you thinking of borrowing money to gamble shows that you don't have any money with you left to gamble, might be due to various losses doing your gambling section.
You know that is two different thing losing your money and losing someone else's. And this is truly against the rules of gambling with money you can afford to lose , and this time you ain't planning to only lose money you can't risk but also someone else's money. Because you losing your money you can easily move on and continue with your life. But when is money you borrowed that could be another case, and you may endup putting yourself in debts. Adding another issue to the previous one.
That why you have to gamble with only funds you can afford to lose, and in any way you endup losing it and you see you don't have enough money to continue you put some break first till you have enough funds to continue than going on borrowing money to gamble.
I agree with you. If you cannot win with your money then it becomes irrational to borrow to gamble hoping to win. Gambling never changes to be a game of chance and so even when you borrow to gamble you are taking an unbearable risk. When you borrow to gamble you lose twice than necessary. The reason is simple, you have to pay back the borrowed money with interest and at a specified time and failure to do this means that you risk losing something of value because most borrowings involve collateral. Gambling with borrowed money increases the financial risk you’re taking on. If you lose the money, you’ll still owe the lender, which could expose you to financial stress.
This is in contrast to gambling with your own money, where the most you stand to lose is the money you’ve set aside for gambling especially when you follow the principle of setting and sticking to a limit. Gambling with money you are not prepared to lose is never a good idea as you have noted, and borrowing to gamble is against this principle because no gambler can afford to lose money that was borrowed. When you understand that being unable to pay back the money you’ve borrowed, could lead to a state of distress then it becomes important for a gambler not to borrow to gamble.
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Its bad ideas when thinking gambling is like investment, which one side gambling have been familiar with investment way? gambling large risk and they are less percentage for winning, I don't know how come some people mindset with gambling is like investment. Indeed how smart research with gambling can't guarantee with the winning but difference with investing we can earn much profitable exactly with good research.
Keep away gambling is like investment and not good ideas when borrowing money to gambling without promising to earn much profitable.
I saw the statement that gambling as an investment place made me laugh. As you have explained, no gambling place provides a guarantee of always making a profit and many gambling places actually provide very small winning percentage scripts even though they have given several bonuses to their loyal users. I think of gambling more as a place to have fun, so that when I enter a gambling place I already understand the risks that can occur at any time with the capital I use in the gambling place.