I am not really a fan of loaning, even though i really need a money or there is something I wanna buy, I wont borrow money for it but instead i will save money and wait until I have enough money to afford that thing, what more if you are going to gamble the money that you have borrowed, this is is really a dumb thing that people doing especially those addict, and I think people with good and normal thinking wont do that thing, online those gambling addict will do.
The worst part of this is whether you lose or win you still have to pay the money with interest and that makes it more problematic especially if you lose.
Gambling addict don't think this way, you are talking like this because you understand the risks, many gambling addicts don't think or understand the risk and they can go to any lengths to take a bet because all what they will be taking in their mind is they're going to win, if a gambler sets his mind on the winning side only he is at risk of losing everything and such Gambler may turn into an irresponsible gambler because no matter how good your calculation is you must always think about the other part, every good things have its disadvantages so do not think about the positive side only think about the negative side too and always prepare for both sides.
Unfortunately there are a lot of people who do make calculations on what they could do and how they could do well and in return it may or may not end up being good or not. I think it's quite important to realize that this is going to be a tough one.
For example, I could put ALL the saved money I have, and even take out some loan as well, and put ALL of that money into a simple bet, and I do not mean like it will be a tough one, I mean like a sports bet like 1.40 odds, that would be 40% return and I would not only pay my loan back, but also would have so much more money and not only I would be able to pay the debt back, but I would be finally able to do what I always wanted, which would be buying some stuff that I needed for long time.
That would be good if that 1.40 is a win though,lately I have been losing on tennis bets of 1.08 so the sport betting since gambling was introduced has changed and it is difficult even to win a 1.40 bet even in sport betting.Let me make an example of today where Leeds United lost or better drew in the last moment with an odd of 1.38 against a team in which theory was much weaker than them.Now let's suppose I played this bet with loaned money this will only make my situation difficult that is why I insist that most of the times the experience with loaned money is really bad for gamblers except a very few specific cases where luck solve the problem of these few specific people.