Post
Topic
Board Gambling discussion
Re: Ever heard about financing a gambler?
by
arimamib
on 27/11/2023, 12:32:14 UTC
The problem here is that people forget to document what will happen if the money is lost in gambling and will the borrower share the loss too?
Trusting someone or financing someone to gamble on your behalf doesn't necessarily require documentation, especially in the gambling world where words are often honored. When you fund someone to gamble, it implies a level of trust, and any potential benefits are typically shared according to the agreement. In the event of a loss, the responsibility falls on the financier, while the person gambling bears no responsibility for the losses. That's how it typically works.
yeah.. a funded gambler is of course gonna play gambling in casino, not online gambling, which means there is already documentation by casino and the gambler's activity is traceable. Trust plays a significant role in financial arrangements between individuals, especially in the world of gambling. When someone funds another person to gamble on their behalf, they are essentially placing their trust in that individual to manage their money responsibly and make informed bets.

It's important to establish clear expectations regarding the division of winnings and responsibilities in case of losses, when a gambler is funded. In the event of losses, the financier is ultimately responsible for bearing the financial burden. The person gambling, on the other hand, generally does not have any financial liability if they lose the money.