Quote from: erep on February 11, 2024, 10:35:52 PM

The use of borrowed funds for gambling is strictly prohibited and this rule must be applied to the principles of every gambler so that you should never use loans to bet, you will only add new problems because you will lose borrowed funds in betting due to your ambition to win to recover losses, but in fact you lose control to gamble by setting high bets to get a 2x chance of winning but your efforts to recover from losses are just vain hopes.

So anyone must know that the purpose of the loan is only for urgent needs for priority needs and not for funds for gambling.

Using borrowed funds to gamble is the most foolish advice one can ever receive on the surface of the Earth today. At first, it is improper for you to use funds that are not yours to play gambling games because it is completely unreliable and unpredictable. Therefore, it is not sensible to invest borrowed money in gambling.

Today, I saw someone who sank a sum of 3 million naira into betting that Nigeria would win the African Cup of Nations against Ivory Coast. However, at the end of the day, Nigeria lost with a two-goal defeat, despite their captain's efforts. Now, imagine if those funds were borrowed. If the people who invested in that game were to seek repayment for such a failed investment, how would you begin to source money to pay your investors? Repaying borrowed funds would be an incredibly challenging task, especially during this difficult time of inflation and rising costs of commodities in the market.