You were experimenting with sports betting and found yourself profitable with your strategy. However, you can’t raise a bigger bankroll to generate larger profits. Then there’s this one guy who believes in you and is willing to lend you money, of course, with interest, almost like a loan shark rate. The question is, would you see this as an opportunity or just a trap?
Sports betting strategies cannot be profitable in the long term. If anyone had ever found a consistently profitable sports betting strategy, the bookies would've gone bankrupt in no time. The golden rule of gambling is "Never gamble with borrowed money" and it doesn't matter if it's sports betting or traditional casino games. I wonder if "the guy who believes in you" would lend you money without a collateral.
If you have enough crypto or other assets for a collateral to backup a loan, why would you borrow money from anyone?
What if you run away with the borrowed money? Have you ever thought about this?