Re: Taken loan to gamble is very risky, what do you think?

-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).

Whether you are capable of paying back the loan or not , it is very wrong to borrow money and then used it for gambling. Gambling is not an investment, it is mostly those that see gambling as means of escaping poverty that will take the nature of risk you took . Am not against the idea of taking loan but taking loan for the purpose of gambling is a very wrong idea. It is mostly the attitude of addicted gamblers , because ones this becomes a habit it will definitely become a problem. So gamble with what you can afford to lose and not what you can't afford to lose. It is a very bad idea to borrow money all in the name of gambling, it shows the person has a very wrong mindset towards gambling.

If you do find yourself having the capability on repaying up the loan on which just like been you've said that you wouldnt be that needing upt for it to be knowing on the actions you are taking into. Now that we are specifically about taking up a loan then it wouldnt be that recommended when you do deal up with gambling. You are just that simply showing that you are that highly that addicted into it because if you wont be that having that gambling urge then that spike of emotions. Taking up loan would be only that recommended at the time that yo uare in need of money when it comes to have those investment and busineses on which it can potentially be able to give out those bags go back on which everything now is indeed a mess. Put up always on the amount that you can easily that fixed up is something that you do stick up.

Gambling is very risky? Yes of course on which you would be needing up to be that attentive when it comes into the things that you've been that dealing int. Now that we are on todays AI on which when it comes to ordering then it would be just that fine as long it delivers into the words on which theyare that want to see or would experience then they would be that keeping on going back against. Gamble for fun and entertainment and never ever in your gambling bandit on which I do want to beat up. Now that im that different then we've see it from wherein then its something a house that worth $7 or more.