Post
Topic
Board Gambling discussion
Re: Taken loan to gamble is very risky, what do you think?
by
panjul07
on 08/08/2025, 14:38:15 UTC
-sniop-
I don’t know what gives some people the confidence to an extend they will borrow money to gamble. As for me, I can't bring myself to borrow money for gambling, even if I'm expecting money from somewhere. I will never borrow money just to gamble.But from the story you shared, if I viewed your friend as a gambling addict, that could explain why he decided to borrow money to gamble. He likely had some belief that even though he was borrowing, he would still win and pay it back. That might be the reason he’s blaming you as he feels you’re the one who should’ve lent him the money without interest.One thing about addicted gamblers is that they always have hope that, if they gamble more, they’ll get lucky and win. But that’s a very wrong idea. My advice to everyone is: always gamble with what you can afford to lose.

I took a loan for gambling several times and I'm confident enough with it because I know that I will be able to pay it back although I lose the borrowed money.
As long as we are responsible to ourselves, as long as we know our own financial situation, borrowing money no matter what the purspose is, we are good to go.
For example, I have a monthly income from my IRL job worth $1000 and usually I have remaining $400 after I spend it for all what I need to pay (bills) so it wont be a problem for me to take a loan of $400 (better to take lower than this amount).