Post
Topic
Board Gambling discussion
Re: Gambling experience using loan money
by
nara1892
on 23/08/2023, 14:43:06 UTC
That's right, if you gamble using borrowed money then of course you will feel a lot of pressure, especially in gambling it's 50-50 between winning and losing, meaning that it's neutral that no one can know when the win will come. It's too early to think about borrowing to gamble, are you too sure of victory? I think some of the people who end up making loans have a very wrong mindset, where they are too sure of all the wins and have too high expectations there. I hope all gamblers think normally if they don't want to crash in the end. Like the case you mentioned, one of them ended up having a mental breakdown so he did things he didn't expect. This happens because they are too dizzy with the circumstances or the downturn they experience as a result of gambling, they borrow to gamble and lose and vice versa they have nothing to replace the money they have borrowed. So the point is not to overdo it in gambling, gamble with reasonable conditions which are just for fun so you don't get too down in it.
Exactly. You are also doubling the risk of losing the money you do not afford to lose. How will you cover up for these losses, and where will you get the money to repay such borrowings? Gambling is a risky activity that does not guarantee winnings which can lead to financial difficulties. It's important to make responsible financial decisions and avoid taking on debt for non-essential purposes. Remember to always prioritize your financial well-being and make wiser decisions.

Most gamblers want to cover or pay their debts from gambling winnings, they take out loans to gamble and hope that the money will multiply and they will make a profit. But that's not the case at all and it seems highly improbable to someone with a normal mindset. Well right, like I said earlier that it's 50-50, there's no guarantee of any winnings there, and it's neutral. I can't understand how they can convince themselves that winning is so easy to get that they're desperate to take out these loans, it's beyond my comprehension. They want to make a lot of money but in a way that doesn't make sense, on the other hand a win is possible, but it's only 10/1, meaning they will be able to get a win if they have sacrificed ten losses to get one win. Honestly, it's not winning but giving back what we've lost out there. That's right, such a mindset will only make it difficult for themselves, so the point is that if they really want to gamble then use the money they are ready to lose. Accepting all the facts at the end of the game is better than returning to chasing a victory that is only based on luck alone.