Topic: Can you stake it all put of over confidence in your club - page 7. (Read 1491 times)

0:2 and putting up 5k on that point? Thats suicide for sure and even if you do say that you are really that a fan of Man U but it wouldnt really be ideal that you would really be making out such kind of bets. Its never been worth and its never been wise unless if you are really that having an intent on burning that 5k in thin air without worrying then its just fine but if you are expecting something
a win and you do go all in because of soo much trust then this would really be a problem. If it turns out for you to win then thats lucky but if not then you would really be ended up on great disappointment and frustration on which these emotions will really be the main thing that you would really be able to feel out instantly.

Yes, taking such risk that can't be accepted by many gamblers because some of them aren't managed the risk and place a bet for a big money. They thinks that if that is their team, they should gives a big portion to bets so that's why some of them place a higher bet than before. That will be okay if they can accepts the risk and not complain to anyone if their team lost but most of them can't do that and will be angry seeing their team lost. It's all about how you can prevent the big lose by always limiting your money to place bet and only use the money you can afford. That's what you must do if you want to playing gambling, especially in the sports betting because the tempting to win big will always be there. If you can be careful, you will lose much money that you can't imagine.

Personally I will say that the only reason that will make me to stake very high for my team to win is their performance in their previous games, your friend was lucky not to have lost his bet because the performance of Manchester United isn't good at the moment and the top three teams in the EPL is very ready to beat any team they come across because none of the teams want to drop points nor lose out of the title race. I am a Manchester United fan but I would rather bet on Liverpool to win if it was a league match than Manchester United because they have a better squad and a better performance this season than Manchester United. Just a moment op, did your friend actually place a bet on Manchester United to win the game or his bet was for Manchester United to qualify to the next round because the game ended in a 2:2 draw before they went for extra time.

I have a message for your friend, let him know that is is lucky this time around, if he try to use this same strategy again he will lose his money, people tend to get used to a strategy that worked for them once, they always believe that it could work again.

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In fact, there is no such thing as strategy in gambling, if you can believe this then you will be a smart gambler, what are you strategizing on? Luck? Who can? There is no man that has total control on luck, such power never exists.

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All you have to do is your best and leave the rest, and thats by risking what you can afford to lose, do not rely on any strategy because none existed in this gambling space, all you have to count on is your luck and you can lose, thats why you need to risk very small amount.

Betting on your team just cuz you love 'em? Ok, gutsy move, but let's be real - that's more like walking into a hurricane hoping for sunshine.  Your buddy dropping 5k on Man U down 0:2 to Liverpool? Was that a smart gamble, or just blind luck?

Look, we all love a good underdog story. Believing in your team is part of being a fan. But betting the house on it? That's not strategy, that's chasing a thrill. That rush when an insane bet actually somehow pays out...it's addictive. It's NOT about being some tactical genius

Of course, some folks have money to burn, and if they get that high from the risk, power to 'em. In the bigger picture, betting is all about that unpredictable chaos we crave as fans, just concentrated into a ridiculously risky moment. Was it foolish? Probably, but hey, sometimes football (and life) makes zero sense, right?

Your friend is lucky because he is not ashamed in front of you and many people, as you can see? just because he wants to prove to other people what team will going to win, He's going to bet such a huge amount? Imagine the risk of what he did, one wrong move could have lost his money in just a seconds but it looks like he's lucky because he won, he's proven to you that the team he's proud of is right,
But if the team he is proud of loses, your friend will face a big problem, because of his overconfident, he will lose a lot of money and he will be ashamed of you and the other people who are waiting for him to win or not.

Not really, I am not a big fan of placing large bets on a single game. Betting 5k is a lot of money and there is no certainty that our bet is actually going to pay off. In this position I would always prefer to bet 1k each on 5 different matches instead of putting it all on one game. Spreading out my bets helps me a lot to reduce my overall risk and I think that it made me more money in the long run. I can understand your friend that has a strong conviction about a game and wants to profit from it. But when it comes to my hometown, I always feel a bit biased and don't know if I fully evaluate all the risks correctly. When placing most of our money on one single bet, it only takes one failed match to wipe out our bankroll. In the end this is something everybody needs to decide for himself, you are either comfortable taking these high risks or not. For me, the risks are bit too high and I prefer to accept lower returns with also lower chances of losing my bankroll.

Yes, I believe that their are many gamblers out there that can do that, as long as they have confidence in the team they are supporting to win the game, but the major problem attached to taking such risk is that, mostly, when you stake such huge amount of money like that, it's always a money you can't afford to lose, so if it goes wrong, like the results doesn't goes your way, it's affect you as a person psychologically, so it's very important you stake with an amount you can afford to lose, so that psychologically, even though it doesn't goes your way it wouldn't affect you.

I mean a lot of people lost money on that game for sure, there is no doubt that people did not expected United to win, and yet they did and that's a great thing to see, I feel like that's important for a lot of people. I believe that we are going to see a lot of results similar to that, and in the meantime we should be probably expecting to not have that type of games all that commonly.

I do not really put it all in, never have, not going to do it for any game at all, doesn't matter how big or small the chances are. Just this season, we have seen Bayern lose to a third division team, and beat a bundesliga team 8-1, no idea how they could do it on the same season but it happens and we should be not really all that interested in how that works.

I bet for my favorite club but not too big I bet as much as I can afford to lose because I can never guarantee which team will win I like a club but there is no guarantee that the team will win. so we should always be sensitive when it comes to gambling so that we can accept losses very easily otherwise they keep giving us mental pressure. so i wll tell that it is really foolish to bet big amount for fan club with confidence

I can tell if this that yes alot of people usually do this and it's not like they aren't matured or responsible enough to do so but they did that because,they had so much passion and love for their Fans and also they do that cause they can as well afford to loose that said amount.
But this is the reality of life that you should be discipline in your dealings so it's not advisable to put over confidence to this as most times it might results in something not confidential anymore.By the way ,me I don't see it as a foolish move,but hehad so much faith in his Fans which has led him stake such amount .

It simply matters to be on the winning sides this season. Currently, my favorite team doesn't have the strong balance of enabling winnings but it becomes obvious to place wager on them once they're not having weaknesses and unable to humbled their opponents. Everyone wants winnings for their clubs because most of them have pushed the trigger to place wager on them due to the love and support they have for the club. Over confidence in a club, probably the pointed club is having their best performance and they don't relent from making the long good moves.

As we would say in poker, he made a bad move that worked out well. Gambling everything on his team for emotional reasons when the odds were against him by 7 to 1 is clearly a bad play. Also, from what the OP describes I imagine that that 5k he bet was money he needed, probably all he had in savings, not extra money you can afford to lose, which is how it should be done.

I tell you how those kinds of stories end up, with the OP's friend repeating the play and losing it all. And the next time probably borrowing to lose it all. Badly, they usually end very badly.

Your friend is brave enough to bet that amount in one match. But even though I love my favorite team, I'm not careless enough to be able to bet so big on just that one match. I will think about what the worst impact is and how best to minimize the chance of a significant loss by not gambling more than the bankroll limit that I have previously set. Because only careless and naive people want to bet very big on their favorite team in one match and not think about the impact of the bet, and I don't want to be that kind of gambler.

The team is an important factor, not all teams are worth such risk. But as you said he did that out of love for his team, he didn't analyze the game. Yet he won. That's a shocking part of the story, he'd feel better and happier. I think that's what gambling is about, doing what others won't think of trying. People who gambled on Man U to win before the game started may have lost hope after conceiving two goals. Another factor is that he had to prove it to his friend. I've made such a statement in the past, but didn't wager on the prediction, but the player scored as I said to a friend.

Most times when watching a football match, the settings and performances of some players, a viewer will easily detect who will score or not. Maybe the same thing happened to the Op's friend, he has observed some moves from his team and had the trust they'll win, regardless of the scores. Gamblers need to follow their instincts, not all the time. Most times we feel like a complete failure after appearing fully sure of a specific prediction, which ends up returning void. It's a win-or-lose thing, but some mistake ends up getting annoying. Imagine after telling your friends, a particular player will score, and he didn't. They wouldn't listen when next we want to talk to them on a game. However, gambling is a risk, and we must accept it.

Even though your friend got away with a big win through Man United's comeback, it's always a bad idea to put too much trust in a team based on your feelings because comebacks mostly depend on luck and more factors could be involved behind their win.

You don't simply go all in on the team you follow, if you do go that route you'll later learn the reality and fade your favorite team when it matters.

Did your friend stake $5000 or was it in another currency? I think it’s a bad idea to gamble with emotions involved. He got lucky but betting on your football team because you support them will cause you to lose money. We have had this discussion before and my opinion on betting on and against your football club remains the same.
https://bitcointalksearch.org/topic/m.63801572.

Nope, I like to support my local clubs and sadly the best local club I have has never even come close to a title. We're glad to see them in the first league but honestly they're not that good. Their results are unreliable at best and usually just disappointing. I can't count on my local club too much when it comes to bets but I'd still support them in other ways. To be honest I know betting in crypto doesn't earn them anything extra so I do it guilt free. But to put money in bets towards them would be not that wise financially. I'd rather buy some tickets to see their matches.

I would assume it must have been a reflex decision for him because it could happen to anyone where you see a gambler suddenly takes a rash decision to stake on a game and such decision will even make you think they are going crazy. If he had lost that money, he would have packaged his shame and lose home  , because it was really a huge risk he took to stake his money on a live game which the opposite team are already wining with two goals. I can take such a risk but will totally get upset if the game go against me.

I've been into that point but even if you get the best analysis with confidence for that club you are betting and supporting on, you have no control over the situation that has full of twists.

Dude, you've just triggered your friend. I know that it's like a joke to you but you poked him and put the best of him to prove you that he's right. Anyway, there are gamblers that can really bet everything that they have but I won't be into that state anymore. I'm older and have got other things to think of, so it doesn't matter if someone calls me not a real supporter and fan of the club or team that I am supporting. What matters to me is that you didn't worked for my money, I've worked hard for it. And that's why I am the one to decide where I'll be placing it and how much I am going to bet with it. And for that reason, I won't be foolish enough to make mistakes that I am going to regret later on.