i think u should never borrow money for playing games, it makes you not to feel the actual problems u might get in if u dont lose your actual money and u think that you will always find a way to escape the actual situation. I think you need to estabilish a budget u cand spend like on any other hobby.
I will never borrow money for the purpose of gambling in any game of chance, I look at it this way, If I borrowed £50 to play in a cash game, and lost the lot, then in reality I am £100 down because I have to find another £50 to repay my loan.
This simply does not make sense to me and before you know it you are already on a slippery slope.
Also I would never lend money to another player sat at the same table as me as I am giving him the chance of taking more money off me in the game.
When the Fun Stop's, STOP!
This simply does not make sense to me and before you know it you are already on a slippery slope.
Also I would never lend money to another player sat at the same table as me as I am giving him the chance of taking more money off me in the game.
When the Fun Stop's, STOP!
In the environment of any person there are always people who ask for money on credit.
If you give a person money, you are doing him a disservice.🙂 He will not have an incentive to win himself, he will know that if he loses, he will turn to you and you will give.
Even Shakespeare wrote "Do not lend and do not borrow, you risk losing both your debt and your friend." This is the principle I adhere to. True, this principle does not apply to close friends.
If you give a person money, you are doing him a disservice.🙂 He will not have an incentive to win himself, he will know that if he loses, he will turn to you and you will give.
Even Shakespeare wrote "Do not lend and do not borrow, you risk losing both your debt and your friend." This is the principle I adhere to. True, this principle does not apply to close friends.
Giving a loan for poker or any gambling is a bad idea. You should always try to follow "gamble only what you can afford to lose," if you need to borrow it, you can't afford it. Potentially borrowing more than you can afford is the onset of a problem.
Gifting an entry is different, I guess, you are giving a chance to play a level the person otherwise isn't playing at, but if someone needs £350, then £350 is probably an amount they shouldn't be losing, it obviously is a more significant amount to them than you. No wonder if they struggle to pay it back.
Gifting an entry is different, I guess, you are giving a chance to play a level the person otherwise isn't playing at, but if someone needs £350, then £350 is probably an amount they shouldn't be losing, it obviously is a more significant amount to them than you. No wonder if they struggle to pay it back.
First of all <3
Asking people for money may be prohibited here Damian, You may wanna check that before you proceed.
Now the original question, should you get a loan for poker...hell NO!
If you do not have it, it is not a game for you to play. Period <3 that is not something you want to mess with. You lose your loan, how do you pay it back? How much interested did that loan cost? Put money aside, do it the longer way <3
Asking people for money may be prohibited here Damian, You may wanna check that before you proceed.
Now the original question, should you get a loan for poker...hell NO!
If you do not have it, it is not a game for you to play. Period <3 that is not something you want to mess with. You lose your loan, how do you pay it back? How much interested did that loan cost? Put money aside, do it the longer way <3
Loaning $'s to Someone For Gambling?
Generally speaking not a good idea...
I have done so many times in the past and have some good stories and some bad stories, luckily not that huge... but hundreds of dollars, nonetheless...
Let's be positive, I will focus on a couple good stories:
CheezeWiz
Generally speaking not a good idea...
I have done so many times in the past and have some good stories and some bad stories, luckily not that huge... but hundreds of dollars, nonetheless...
Let's be positive, I will focus on a couple good stories:
- Loaned a buddy (who had an excellent credit rating with me) $100 at the racetrack. I incorrectly assumed this would last him the rest of the evening, and I would buy the beers for the rest of the night.) He immediately ran to the window and bet the $100 on a random 8-1 horse at a random track. By some miracle, the 8-1 shot won, and 10 minutes later I had my $100 back plus $100 interest and he bought beers the rest of the night!
- An acquaintance of mine (no credit rating with me) was getting heavily harassed at the track by a Multimillionaire Guy for $100 that he had not paid back as promised from a week earlier. I got so tired of listening to this abuse, that I paid the guy the $100 and told him to leave the guy alone. A few weeks later, the guy that I had paid the debt for comes up and taps me on the shoulder, says "5 min to post, the 4 horse is 10-1 and cannot lose, here is your hundred, go put it on him to win!". Being happy to get paid back, but skeptical of the "tip", I put $20 on the horse and it won easy.
CheezeWiz
wilpinsi said:
This is personal. If you can borrow. If you like it, then what's the problem? Do they give everything on time? If not, you won't borrow any more. The person who won did it honestly I don't understand what the problem is - it was his good day.
Loaning money for gambling
Loaning money for gambling is ridiculous, that is like the loan shark in the military. One hundred for two hundred end of month and the same troops every month standing in line to pay back the shark. This is the same with gambling, I have a budget and I have never gone a stray with this and will never loan someone money for gambling it could be some ones meals next week for a school lunch. When it comes too money do not trust anyone because the wolf will take everything you have. Capo1014
Loaning money for gambling is ridiculous, that is like the loan shark in the military. One hundred for two hundred end of month and the same troops every month standing in line to pay back the shark. This is the same with gambling, I have a budget and I have never gone a stray with this and will never loan someone money for gambling it could be some ones meals next week for a school lunch. When it comes too money do not trust anyone because the wolf will take everything you have. Capo1014
