Post
Topic
Board Gambling discussion
Re: Gambling experience using loan money
by
sunsilk
on 04/08/2023, 14:41:26 UTC
Basically, you're just saying that there are just two way around when a gambler borrows money and that's true.

And it's normal to think on how much you're going to repay because you've taken a loan. That's pretty much the typical thing to think of because you're obliged to do it.

But at the end of it, you'll get to see how it will impact you as a gambler because it's not a good way to start anything related to gambling if you  will use borrowed money.

That's for sure. The fact that you borrow money to gamble already makes you irresponsible. Maybe some people consider taking the journey, and they would borrow money to raise a decent bankroll. However, the moment they lose the money, most of the borrowers will have bigger problems. It's impossible to repay the loan when there are no funds coming from gambling.

So if you promise a lender that you'll be able to pay because you will win in gambling, that's not realistic, as most of the time, we experience losses in gambling.

Just think of this: When a person borrows money for personal wants or needs, that's called bad debt. But when a person borrows money to start a business that will generate income, that's considered a good debt.
Raising a bankroll with a loaned money is a terrible idea. Coming from being irresponsible by borrowing money to gamble up to that point of using loaned money whether to add or to start with as you gamble.

It could also be a common reasoning for a gambler that he'll pay the debt because he's expecting that he's going to win. Possible but not really a good promise to say upon paying debt.

You shouldn't be relying on that matter for you to pay the loan that you've taken. It should be from a guaranteed source of income just as how the banks are sure of who they're approving. Thus, never do this, never borrow money to gamble.