Selling valuables to gamble is highly bad idea - so is taking out a loan to gamble. The risk of loss is bigger than the potential gain - loans often default and default. This isn't just about what happens online - at the real-world gambling table, selling personal belongings like watches, phones, or other items is a bad idea if you want to survive. Losing is completely unavoidable in gambling - so it's unwise to force yourself to gamble when you have no money.
But because of this topic, I was wondering - have you ever done it before?
I have never taken loans for gambling. In general, I have a negative attitude toward loans and believe that you should live within your means. If you want to spend more, look for ways to increase your income. Taking a loan makes sense, for example, for education, since it can directly affect your earnings. But gambling is not the kind of expense you should ever cover with borrowed money.
This is how it should be. Taking out a loan is too risky, especially if the loan is used simply to satisfy the urge to gamble. Gambling should only be done when a person has a budget, and generally that budget comes from the remaining income after all needs have been met. It is a mistake to think that loans can be used as a reference for seeking profit opportunities in gambling, because this can have a direct impact on finances in real life.