Jump to content

Is taking loans worth it?


Sped
 Share

Featured Comment

I've personally never done it and I don't think I'll do it ever. Nothing is sure in gambling and I'm not a person who would take a loan from someone promising I'll give it back with extra % only cuz of this reason.

I'd take a loan only if it's something 100% sure, otherwise never.

Link to comment
Share on other sites

I think using gambling loans is the stupidest idea you could think of ... If you decide to get a loan or mortgage, then you must be sure that you can pay it monthly. I hope I do not need to explain to you what will happen if you do not comply with the terms of the contract? If you don't know, then you better turn to https://www.manchestermoneyman.com or just turn on your head and think a little. Gambling is the most unstable way of earning money, so if you think that you can recoup a loan thanks to gambling, then you are very wrong. Perhaps I am too boring and neat, but this neatness has never done me any harm.

Edited by caritu1337
Link to comment
Share on other sites

No no, that's a very bad idea. Never gamble if you can't affort it. Just call it a day when you have reach your limit. I have done it once,i was lucky made that day, i made profit in like 1 hr and repaid my debt but what if i didn't ? I still feel bad about it. Never doing that again.

Link to comment
Share on other sites

If you end up with a winning record and you can convince someone it is not luck and you plan to repeat the results you  should be able to talk your way into a partnership rather than a loan (have someone 'Stake' you... Kind of).  Three are a lot of people out there with a lot of USD and a really short list of places to put it and a lot less return with more risk in those places.  So its not too hard to find someone who will sign up to give you some cash and assume the risk in return for a relative peice of the winnings remember your reputation is at stake though    💲

Link to comment
Share on other sites

On 6/29/2019 at 8:55 PM, Sped said:

Since I have found out about loans, I have constantly taken them until I rip and owe the initial user who sent me profit, but after i rip the loans I always wonder why I did it in the first place. I feel like loans are just feeding my addiction and eating away at my profit because the more I take the more I owe. So is it really worth it, I feel as though I never build up with them and I just end up owing people money more gradually every day, and 10% interest a day is a fucking lot. I feel as though I play stupid with the loan because I didn't deposit it so it's not "my money", and I think that is a bad idea to have when gambling, so do you guys think loans are worth it?

Not for gambling. I use to work for bookmakers and seen many people losing money and walking way with nothing. 

Always play with money you can The afford  to lose. Treat gambling like going to a cinema. Spend spare money  for gambling and try to enjoy the excitement and if you win treat as a bonus. 

Take a loan for a business that will pay off in the long run. 

Edited by DonDisney
Link to comment
Share on other sites

I do not advise anyone to take out a loan to gamble. Gambling should be a form of entertainment. All your doing by taking out a loan is chasing your losses. There are no guarantees that you are going to “hit it big”. It really is the luck of the draw. I personally know someone that had a gambling problem & was getting cash advances at the casino to chase their losses. 

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
 Share

×
×
  • Create New...