I'd like to place a big bet of 50-100k, else done something like this?
feel free to message me or comment below
feel free to message me or comment below
This is my message to you. This amount you want to borrow on loan is too much to throw into a betting game. Remember it is not a guarantee that the money used in gambling will come back in winning to you. You may see the game like a banker but it outcome is not sure. Take a deep breath even if you an addict, don't throw such huge amount into gambling whose chances of winning are not in your hands but just a lucky tried.
Loaning just to have capital in gambling is like borrowing something and your payment will rely on your luck. It's fine to take loans but it also depends on your purpose. Loaning for business would sound better but borrow for gambling will be a riskier decision. Lots of gamblers who gambled using borrowed funds have regrets and suffered after losing.
TS just doesn't understand the consequences of gambling on borrowed money. I have known several people who have lost everything they had by gambling with borrowed money, so I think it is very important to discourage him from this endeavor.
If he is so eager to make money, let him first try to earn it with his own labor. I am sure that once he personally earns $10k he will change his mind about gambling with that money. Apparently he's young and doesn't understand that loans are a necessity.