Post
Topic
Board Gambling discussion
Re: Gambling experience using loan money
by
SeriouslyGiveaway
on 16/08/2023, 12:22:30 UTC
I saw many high rank users here that asking for loan and directly deposit the loan amount on gambling account. I want to know what's the experience on using loan money. Is there additional pressure on gameplay or just the same using regular money without an interest rate.
Gambling is already a pretty risky thing to do, but using borrowed money to gamble makes it even riskier. When you use your own money to gamble, it's already stressful, and I don't think we can make the right decisions when we're dealing with borrowed money – that's a lot of pressure. What I've noticed is that many gamblers turn to loans after they've already lost all their money and are trying to recover their losses. But more often than not, this approach leads to even bigger losses and debt.
I have often done this behavior and for me gambling using loan money is the same as gambling using ordinary money because even though I will lose because the loan money has been deducted by interest, at least the amount I borrow and use for gambling is according to my ability to return it.
So there is no pressure whatsoever even if you use loan money but it is not really recommended because the risk is very high when you cannot control yourself borrowing too much which is not in accordance with the amount of income it will add to problems in life.
I think you're mentally strong and have a good strategy, so you might be able to pull this off. Unfortunately, though, most gamblers aren't able to do the same.