Ninjastic
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Board Gambling discussion
Re: taking out a loan for a sports bet
by
Vaculin
on 10/06/2022, 20:07:10 UTC
Quote from: robelneo on June 04, 2022, 10:00:07 PM
Quote from: NAPK1NS_RA3 on June 04, 2022, 09:01:34 PM
recently I've come across some information for an upcoming soccer match and I'd like to place a big bet of 50-100k, how easy would it be for me to take out a loan and how long would it take? has anyone else done something like this?

feel free to message me or comment below  Smiley

I will not suggest taking a loan for gambling, even if you see a good winning percentage, there's still such a thing as getting busted because of an upset, only you can answer if you can take a loan easily how good is your credit loan and your friends are all willing to give you a loan based on your record, but I doubt if they are going to give you a loan just to place a bet, even a bank will not give you a loan if you're going to use to gamble.
I have not done it and I don't think I will do it, even if there's insider info, the risk is just too high.
With that huge amount, it's impossible that your loan will be approve knowing they are just going into sportsbetting. Once you don't have enough documents to present to the bank or someone you know that lends money, it will be hard for you to get that money. And for all sake, your decision will bring a lot of troubles later on. What if you lose them all? Do you think of any plans how to repay them?  No matter how reliable your source is, you should not gamble with such a very huge amount.