Take out a loan to place wagers?

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  • theblueprint
    SBR Sharp
    • 10-29-11
    • 276

    #1
    Take out a loan to place wagers?
    I know it's kinda stupid to even think of but I wonder if anyone has ever gotten an actual loan and paid it back over time with winnings.
  • rm18
    SBR Posting Legend
    • 09-20-05
    • 22291

    #2
    I pawned jerseys and baseballs to get money to play poker to build up to bet sports then got them back
    Comment
    • zsr
      SBR MVP
      • 06-01-10
      • 4117

      #3
      This will not end well.
      Comment
      • big joe 1212
        SBR Posting Legend
        • 06-01-08
        • 19380

        #4
        Taking out a loan is not such a bad idea if you are getting a bonus that's larger than the interest.
        Comment
        • unluckysob
          SBR MVP
          • 05-21-08
          • 1527

          #5
          more times than you can count-------also left bills unpaid----losing streaks are hell-----anything to stay in action.
          Comment
          • Reload
            SBR Posting Legend
            • 03-23-08
            • 12250

            #6
            Have taken out cash advances at the casino - It's brought me some lucky money!
            Comment
            • jjgold
              SBR Aristocracy
              • 07-20-05
              • 388179

              #7
              Loans??????????????????

              In my lifetime probably had like 30-50 from banks all different amounts

              I always take extra too..like if I owed local bookie $700 I got $1200.......$400 to play with and a fukkin cushion

              It helps to know loan managers too to get loans approved and kick them back like $100 CASH outside facility
              Comment
              • Sam Odom
                SBR Aristocracy
                • 10-30-05
                • 58063

                #8
                Line Of Credit is the ticket! Just add the amount you want/need to your checking acct
                Comment
                • Br0nxer
                  SBR Posting Legend
                  • 03-25-11
                  • 13665

                  #9
                  whatdya need

                  how much

                  i can help you with 10k if thats enough

                  call me
                  Comment
                  • hels
                    SBR Hall of Famer
                    • 04-12-09
                    • 8767

                    #10
                    at anyone who has said they have taken out loans or advances and it's been positive in the long run.

                    Simply put, if you're losing in the first place more money isn't going to change things.

                    Simple advice, never use money that isn't yours to bet or gamble.
                    Comment
                    • The Kraken
                      BARRELED IN @ SBR!
                      • 12-25-11
                      • 28918

                      #11
                      Your break even rate will be ridiculous once you factor in vig, payout fees and interest. Also consider you're likely making -ev plays.

                      Not worth it
                      Comment
                      • Darkside Magick
                        SBR Posting Legend
                        • 05-28-10
                        • 12638

                        #12
                        loans=pawn shops
                        Comment
                        • floridagolfer
                          SBR MVP
                          • 12-19-08
                          • 2757

                          #13
                          The Cardinal Rule of gambling: Never risk what you can't afford to lose.

                          Breaking that rule will get you into trouble faster than bad money management or bad handicapping.
                          Comment
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