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.
Of course, financing gambling is a careless attitude, gambling cannot be used as an investment even though we are lured by winning and can provide profits because gambling itself is a game that is not certain to win or lose. We cannot make gambling a source of profit, we must have heard of someone who is a gambling addict who borrows large amounts of money just to catch up on his losses, but what does he get? In fact, their experience more and more losses, this is more the same as when we finance gamblers. If you finance them, it is not impossible that it will happen the same way, namely experiencing losses so that you don't get the profits that are promised.
If your investment fails, it doesn't necessarily mean that the gambler will immediately return your money. If they don't return it, aren't you also the one who lost? So it's better to think carefully about financing gamblers because by financing this you are supporting gambling which is starting to become unhealthy because gambling with borrowed money is not recommended.