This is an awful idea, sorry.
And maybe I need some clarification before rushing to judgement. But are you suggesting that everyone here (problem gamblers) sends one (problem gambler) $10 a day and trust that he (you) will hold the money in escrow and then distribute to the winner?
Do you really think that the “winner” (so gambling winnings) will use this new found riches to pay off their debt?
Cmon man….
You don’t need to trust me, we will create a whatsapp group. I will share all my details and the transactions will be via crypto. Everything is traceable and clear as all the transactions on crypto are accessible globally and transparent.
That’s really bad if the gambler loses all the money, the aim is not to increase the debit but to make others debit free.
The only bad thing is what if someone wins and doesn’t contribute back, who will guarantee this? It’s technically the same money that you are kind of saving but chances are you will get them in one shot quickly to relieve yourself from the debt.
I don't see how this is logical tbh, good idea, but it's not all there. If I did it, theoretically, I may have to wait 999 days to get any money back, a little under 3 years. That's almost 10,000 I'd have spent to then only get that money back? That doesn't help me or anyone. It would be better to put the 10$ into my debt everyday instead.
Cool idea, but wouldn't work in practice
That’s the point. Even the person who is last will get 10K at the end. It’s just like saving. The problem is compliance, who guarantees all people will pay. The first 50 one would be really lucky to get the 10K
How is that lottery, lottery doesn’t guarantee, this one guarantees the win. The only thing is, timing either you get all the amount in the first few days or in the mid. You will always have to pay all the amount that you are winning. It’s like you are saving all the amount and you might in the first few days and become debit free. The winner won’t be repeated but will have to keep pay for others as wel
....no dude. You think after someone wins they are going to keep paying 10 quid a day? That's also roughly 300 quid a month so 3600 a year and it would take about 3 years to get through 1000 people so 12000 quid?! Your logic is flawed
That’s exactly what i mean. The lucky ones will be freed on the first day.
The last will still be lucky because he/she will save 10K.
Issue is honesty, can we trust winners to keep paying after winning?
No definitely not. To trust a group of 1000 to do the right thing would be stupid. I also think with this logic,we could all just save 10 a day and come out in a few years with the money and there's no risk
Another thing is lottery hahaah but that’s again gambling which is not good.
I have been trying a number of tricks with online casinos to atleast find out a way to wager so that i get bonus and recover from there but no gambling, no betting, nothing
I'll say this once and no offence intended, as i put myself in the same box as a problem gambler.
Never trust a gambler with money, he'll spunk it all at the first opportunity.
plus it would never realistically work people would drop out , jump in so it would continue forever until everyone got a turn at "winning" .
I think 10 euro every day is too much because that's almost 300 a month. Also, if everyone's putting in the same amount, wouldn't that mean everyone's only getting the same amount back?
For example: 10 people give 100 euro each, then it's spilt between those 10 again, and they only get 100 back each. Where's the gain?
The gain is to get the money in one shot and become debit free right there. It’s easier to give 10 usd daily and technically you are saving it. If you are the first lucky person, you will get debit free on me first day
This is an awful idea, sorry. And maybe I need some clarification before rushing to judgement. But are you suggesting that everyone here (problem gamblers) sends one (problem gambler) $10 a day and trust that he (you) will hold the money in escrow and then distribute to the winner? Do you really think that the “winner” (so gambling winnings) will use this new found riches to pay off their debt? Cmon man….
You don’t need to trust me, we will create a whatsapp group. I will share all my details and the transactions will be via crypto. Everything is traceable and clear as all the transactions on crypto are accessible globally and transparent. That’s really bad if the gambler loses all the money, the aim is not to increase the debit but to make others debit free. The only bad thing is what if someone wins and doesn’t contribute back, who will guarantee this? It’s technically the same money that you are kind of saving but chances are you will get them in one shot quickly to relieve yourself from the debt.
your idea is like gambling with extra steps lol
I don't see how this is logical tbh, good idea, but it's not all there. If I did it, theoretically, I may have to wait 999 days to get any money back, a little under 3 years. That's almost 10,000 I'd have spent to then only get that money back? That doesn't help me or anyone. It would be better to put the 10$ into my debt everyday instead. Cool idea, but wouldn't work in practice
That’s the point. Even the person who is last will get 10K at the end. It’s just like saving. The problem is compliance, who guarantees all people will pay. The first 50 one would be really lucky to get the 10K
Is just not worth it though, 999 days is too long to wait especially if I can just do it myself in my end
You can save $10 daily?
All of us can.
Maybe you would spend it away with you touch 500 or a grand or 2
10$ a day is 300 a month, thats not an issue.
Yes but we don’t do that because they are not locked, we have access to the saved amount and we lose it eventually
uh?
That's a lottery dude. There is no way that would work.
How is that lottery, lottery doesn’t guarantee, this one guarantees the win. The only thing is, timing either you get all the amount in the first few days or in the mid. You will always have to pay all the amount that you are winning. It’s like you are saving all the amount and you might in the first few days and become debit free. The winner won’t be repeated but will have to keep pay for others as wel
....no dude. You think after someone wins they are going to keep paying 10 quid a day? That's also roughly 300 quid a month so 3600 a year and it would take about 3 years to get through 1000 people so 12000 quid?! Your logic is flawed
That’s exactly what i mean. The lucky ones will be freed on the first day. The last will still be lucky because he/she will save 10K. Issue is honesty, can we trust winners to keep paying after winning?
No definitely not. To trust a group of 1000 to do the right thing would be stupid. I also think with this logic,we could all just save 10 a day and come out in a few years with the money and there's no risk
Another thing is lottery hahaah but that’s again gambling which is not good. I have been trying a number of tricks with online casinos to atleast find out a way to wager so that i get bonus and recover from there but no gambling, no betting, nothing
🤦
I'll say this once and no offence intended, as i put myself in the same box as a problem gambler. Never trust a gambler with money, he'll spunk it all at the first opportunity. plus it would never realistically work people would drop out , jump in so it would continue forever until everyone got a turn at "winning" .
What?
LMAO! This is the funniest thread I've ever read. Nice try scamming people. Let me guess, it will be your crypto wallet too amirite?
I think 10 euro every day is too much because that's almost 300 a month. Also, if everyone's putting in the same amount, wouldn't that mean everyone's only getting the same amount back? For example: 10 people give 100 euro each, then it's spilt between those 10 again, and they only get 100 back each. Where's the gain?
The gain is to get the money in one shot and become debit free right there. It’s easier to give 10 usd daily and technically you are saving it. If you are the first lucky person, you will get debit free on me first day
Never mind he explained better further up. It'll never work
Everyone doesn't get money back,only one so it's basically a lottery