When you gamble with the amount that you can afford to loose, it drastically reduces the level of uncertainties that you will have. You will bet and not worry much whether you will win or lose because it is gamble and nobody is 100% sure of the outcome of a match. It's only when you plan to bet with the amount that you cannot afford to loose, that is when the feeling of uncertainties will be very persistence and the indecision can affect your peace of mind. It can also cause arguments among friends like in the OP, every one of them were agitated and uncertain of where to place their bets, probably because they tend to bet with reasonable amounts that they could not afford to loose.
Betting not with our money or with borrowed money also gives us anxiety when we want to place a bet. This can be more careful, but it can also be worse because of the pressure when you want to bet.
The situation can indeed affect our ability to make decisions. and there are many more gamblers who end up regretting betting with indecision because the results will definitely not be pleasant.
It will definitely be different when we can bet freely without any pressure. Even though we will still hope to win, we will not have any pressure after the bet is finished even when we are losing.
That's right, I think that's for sure, or what it means is that gambling using other people's funds, including borrowed funds, can really make us feel doubtful in making decisions, because of course we most likely won't want it if in the end we experience defeat, where we will lose the money and also have to pay it back to the borrower.
But regarding the results, I think it depends on what type of game you play. If you are gambling on a type of game that is purely based on luck, such as a slot machine, then in my opinion there is no significant difference in the results, even if for example you experience a lot of doubt in making decisions. at the beginning, because in the end it depends on your luck at that time. But if you are betting on a skill-based type of game then yes, of course the borrowed money will disturb you in terms of analysis which will make you feel doubtful in making decisions.
Pressure will always be something that will definitely be felt in the process of betting, therefore of course this is the reason why gambling using borrowed money is completely unfounded, because apart from causing pressure, it can also increase feelings of regret when it turns out to be true - really lost.