Never, no assurance and you'll just add more burden to what you're about to pay. In such desperate situations, gambling is the way for those people that have been f*cked up totally.
No ways of recovery that much money and that's why gambling is the way, every single plan has been totally out of their hand and it's uncontrollable.
Same here, but I will admit that sometimes I'm tempted to gamble to pay my debt but it shouldn't be the case always, we should gamble what we can afford to lose.
Anyhow, I was not aware that SBF is a gambler per se, or this is just moment when he says, I will go gamble and recover the money that I have lost. And it's interesting to see which platform he uses though (or maybe we will not know this, or perhaps this could be mentioned in his trial).
Anyhow, another expensive lessons not to gamble to repay someone, there could be ways to pay your debt to others but gambler will just put your feet in the grave if you do it.
There will be times though when someone can no longer afford to pay the debts and to make a solution to them, gambling is the way. But I don't know how many are there that have been successful on this one. I also have no idea that SBF was a gambler but imagine someone who owns an exchange company, people deposit money in his company and here he goes, gambling with people's money. It's fate that's making him deserve what he is up to right now.
Agreed. Gambling is not a good way to make money but a good way to lose money. If someone has experienced despair, he will do anything to solve the problem. But instead of being able to solve his problems, he will instead get new problems later so that his problems will increase without him being able to solve even one problem. That later can trigger a case of compulsive gambling where he will not be able to stop gambling because he only imagines he can win a lot of money from gambling. But the reality is that he will only get a lot of losses from that gamble.
Yeah, as he tries to find solutions, he has just generated another problem that will sum up to the ones that he's having right now. And we saw how it all happened. It's his ignorance what drives him into this situation and it seems that he has no remorse to it.
If you try that it's most likely a downward spiral. People who are in debt and still gambling usually can't think straight. They need it so much that they will be too scared or too nervous to make anything out of that money they have left.
Also, having a goal of how much you need to win to leave the table is a bad idea. One day you may happen to win big but that's going to be 70% of the money you need and you won't stop you'll keep going and turn this around into a total loss. People who have no goals and feel no pressure are the best gamblers.
It's funny that the media called this guy smart, that he was supposed to be an MIT graduate. This guy is a complete idiot and a narcissist on top of it. I bet his parents paid for his diploma.
It's really funny that I also admired him before but knowing that he's done these things and effin' up right now, I have lost my admiration for him. This only shows that the media can really make someone good without knowing in the public but then, it's also one of the quickest way to have someone fall.