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

>>>>Now the question remain that Is it good to take loan to gamble?

It’s the worst decision you can make in gambling. You should only play with money you can afford to lose. When you have money coming from a loan, you are forced to protect it, and under pressure to win, you will eventually fail because the house always wins. Many have tried this, and they all end up losing the money that they loaned.

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>>>>Or is there some game that worth risking to an extent of taken loan?

Don’t bother looking because there is none. The house has an edge on every game in a casino.

sometimes there are opportunities where it'd make sense, like longing bitcoin from 1,000 usd
but for gambling I don't think there are many things worth risking so much since the house's edge will always be bigger than yours

slow and steady
there's no need to hurry

On other things especially if you know there's good chance that you can get a return from the amount you borrow, also you have capabilities to pay your debts on time.

But for gambling? I really think that this is not the best decision to do knowing the risk of this activity. They might just lose more bigger amount and it will be so bad if they would pay more bigger interest especially if they start facing financial troubles. So better don't think about it especially if they are just using it for gambling. Just take loan for emergency purposes only and never think about using it on something that will give you or us more bigger problems.

I live in the second biggest real interest rate country at this moment so it's usually better to just take the tresury bonds rate (and invest in usd/crypto) than pushing for risking into business, but it depends, I think in different countrys the risk appetite will be higher because people can't be that comfortable by just holding their main currency

and yes, for gambling it's simply a no no, never a good idea