How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?
Because the only place this makes a bit sense is the skills base niche like forex trading or crypto trading, how can gambling/gambler be financed?
Have you heard of such before? What is the end result if you have?
Why would you trust anyone to gamble better than you can when it's all about luck?
Is anyone doing this on here?
Someone explained this to me, and I believe he is already a victim because to me it doesn't make sense, I believe he is been used because he lacks knowledge about gambling, do you think my judgment is wrong?
OP, I don't think that's ideal to finance anyone or group of person in gambling, gambling is a risk stuff, as a reasonable person, if people work up to you for business collaboration, first of all you will have to study the profit nature of such business, and also the risk involved, you can't just release money just like that unless you decided to dash them the money, op, I will speak for myself, your judgment is right, this guy that explained this incident to you is a victim, but in the aspect of some gambling better than you, I strongly have the feeling that gambling is a luck game but individuals can master some games and become successful in those game that's all I know.
My friend, this can't fail, even though I have never heard of it before, but if such exists and are known and popular for borrowing gamblers money, I can assure you that it will be one of the most booming businesses around. Gamblers are so many and are desperate at the same time, while some will not have immediate money to play and would want to play at all costs. They will get whatever loans at their disposal so that they will not be bored without gambling and trying to make money through it. The business in itself is what I do not like, it is selfish and a means to earn from people's woes, which is not good. This is the reason I believe that the gambling financing business is not known as they would not be so bold to mention that in society, while the government can sanction them as well.
That is why normal loaning establishments are all over the place, and anyone who needs to get loans for whatever reason can access it. If they like, let them collect their loans and gamble with everything, it is no one's business, after all, it wasn't plainly collected in the name of gambling. But really, gamblers should take it easy, collecting loans to gamble itself is so bad and even if there are gambling financiers, it is good that gamblers do not patronise them to avoid increasing their gambling woes which can lead to more financial embarrassment. All gamblers should always ask themselves a sincere question when they have gotten to the state of borrowing money to gamble whether they are still normal or not. But certainly, the truth is that they are already addicted at that point, they can't be normal at all. So it is better to retrace back the steps.
I find it troubling that a corporation thrives on gamblers' desperation. Exploitation of weakness permeates the idea. Due to social and legal scrutiny, such firms may be hidden, but their existence raises moral concerns. I suppose this relates to society's view of gambling and financial reponsibility. It's intriguing and frightening how banks may encourage gambling. Despite appearing lawful, they can be just as harmful. Not simply legality, but ethics and personal responsibility.
The necessity for gamblers to self-reflect is essential for survival. Debt for gambling is a clear indicator of addiction. Awareness and healthy gambling are crucial here. Self-awareness, responsible gambling, and financial and mental wellness must be promoted.