I know a lot of post has been made in this gambling board and I don't know if such has been created, but what I want to say is a situation that happened to a close friend
My friend is a gambler, a serious one for that matter. Some days ago he asked me to borrow him money to gamble and I told him not to borrow money to gamble but gamble with what he can afford to lose but he refused. Instead he went ahead to borrow from another person to pay back with interest, gues what?
He loss the game and now he is owing Capital and interest together that will surely be paid now he keeps blaming me that If I had given the loan to him, that he would have just owe me the capital without interest.
>>>>Now the question remain that Is it good to take loan to gamble?
>>>>Or is there some game that worth risking to an extent of taken loan?
Gambling with borrowed money is hardly a good financial decision. But your friend was probably in a desperate situation, or he is suffering from gambling addiction. Now, from his point of view, the situation really looks like you refused to help him and he was forced to borrow money at interest. I'm afraid he won't even be able to understand your refusal of a loan as an attempt to protect him from a bad financial decision or gambling addiction.
Yes, you are right. You should tell your friend to get out of gambling addiction. Tell him not to gamble too much. Make him gamble based on his financial situation. Because if a person gets addicted to gambling, then a very bad situation will arise for him after a while. Because in gambling, it can never be said to be winning or losing. If you win one day by gambling and the amount of money you win, you will lose more money by gambling.
You can gamble but you have to set a budget depending on your financial situation. For example, after deducting all the expenses from your stable income, you can gamble with a certain amount of money from the amount that is left and if you lose, you can gamble the next month.