Losing $350,000 because of a friend, what would you do? - page 4.

Lucasgabd

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Quote from: Peanutswar on December 01, 2022, 07:17:52 AM

It is not ideal to make an all-in with a one-pot game because its just an all-or-nothing game and we know the possible odds with the game mostly with this kind of game, at the end get the courage and make a risky still decision of the player to make it with this large amount it will really test your friendship if you will make it continue or not well if you decision will become tough because its a battle against friendship vs the money situation and trust is really the big deal.

the only situation where it'd make sense, imo, is risking it all IF you make a fixed risk bag, usually smaller than 2% of your total money available to gamble
so you'd risk a really low amount

I know, way different than going all in

but avoiding ruin is a must.

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Quote from: jostorres on December 02, 2022, 03:12:02 AM

Quote from: Peanutswar on December 01, 2022, 07:17:52 AM

It is not ideal to make an all-in with a one-pot game because its just an all-or-nothing game and we know the possible odds with the game mostly with this kind of game, at the end get the courage and make a risky still decision of the player to make it with this large amount it will really test your friendship if you will make it continue or not well if you decision will become tough because its a battle against friendship vs the money situation and trust is really the big deal.

I think that was the motto of most gambler. It is better for them to go home empty than winning only small amounts so they just bet huge and accept if it's a loss.

This is heavy, and the question now would be, isn't this a bad gambling habit?.
Less say for example, a gambler with this mindset and attitude towards gambling keeps betting huge amount of money and keep going home empty everyday for atleast a week, this is not easy way into depression?.
I am not a professional gambler and might likely never know what it feels like to be one, but morals teach us to always gamble with funds we can afford to loss on daily, weekly or monthly basis, though many other times, greed has pushed many of us into gambling away far more than we can afford to loose all because we wanted to hit it big, but eventually lost all and end up struggling to cope with the loss - this is coiled from my personal experience.

Such a motto is a wrong motto is you ask me, I would rather go to the casino with an amount I can afford to lose-(learnt in the hard way), and if I must not return home with big amount, then let me return with small amount instead of returning with absolutely nothing.

jostorres

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Quote from: Peanutswar on December 01, 2022, 07:17:52 AM

It is not ideal to make an all-in with a one-pot game because its just an all-or-nothing game and we know the possible odds with the game mostly with this kind of game, at the end get the courage and make a risky still decision of the player to make it with this large amount it will really test your friendship if you will make it continue or not well if you decision will become tough because its a battle against friendship vs the money situation and trust is really the big deal.

I think that was the motto of most gambler. It is better for them to go home empty than winning only small amounts so they just bet huge and accept if it's a loss. There is no need for them to stay longer inside the casino because they will do other important things. In the story it is said that the bettor is winning but the wins are cut off because of a concerned friend but I don't really know if he is truly concerned or he is only tripping.

This is disappointing in the side of the bettor and incidents like this can potentially end a friendship. I know it sounds selfish and inappropriate but there are really people who can value the money more than anything else.

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Quote from: bittraffic on November 30, 2022, 08:46:32 PM

Quote from: alegotardo on November 30, 2022, 08:20:03 PM

Quote from: jakdanyel on November 18, 2022, 04:53:42 PM

I had a similar incident, although not exactly in this way. It was 4 years ago. A close friend and I had a joint gambling account. When we were gambling, we made joint decisions and acted that way. But one day it didn't happen that way. When I was going to bet equally on two different games, my friend changed his mind according to his own opinion and played with all the money in one game. He did something like this without my knowledge. At the end of this incident, when we were going to have a lot of money, we didn't have any money. As a result, he is still my friend

After this incident, he returned my main money and we ended our partnership. Since then, I have not involved anyone in gambling.

I believe you were very lucky. Because your friend, despite being irresponsible in the game by betting everything on impulse without consulting you first, at least had the character to admit that he was wrong and return his part of the value.

If you were a dishonest person or simply someone who was in financial trouble, most likely you would never be able to recover the lost money.
I have never opened a joint account with friends and I strongly discourage people from doing so.

Obviously, this sum of money can make you achieve a goal faster, but friendship and trust must be very strong in order to overcome any addiction or lack of control on the part of any of those involved... which is very difficult to achieve. achieve.... I don't even trust myself Cheesy

This is the kind of business that will break a friendship. Even to the most honest person you know, you would rather keep the friendship without having him as a partner in a gambling activity. The fact that he returned the money and ended the partnership means, the friendship has already soured. A life lesson was learned from that situation. Because a friend can think who else can you not betray?

I agree, even if it may seem to be too strict it is never a good idea to mix your friendship with a business venture as it often leads to all kind of trouble, now if both friends can separate their feelings and be as professional as possible then there may be a chance to make this work, but there is not a lot of people which can detach themselves so easily from their feelings, so a situation like the one is mentioned here in most cases will destroy the friendship as the confidence will be lost among the two former friends.

Peanutswar

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It is not ideal to make an all-in with a one-pot game because its just an all-or-nothing game and we know the possible odds with the game mostly with this kind of game, at the end get the courage and make a risky still decision of the player to make it with this large amount it will really test your friendship if you will make it continue or not well if you decision will become tough because its a battle against friendship vs the money situation and trust is really the big deal.

gunhell16

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Quote from: TheGreatPython on November 23, 2022, 08:45:33 AM

I don't think you can modify your bets once the game have started. It must be against the rules and you will not be qualified anymore whatever the result will be. It's not fun when someone joins your decisions but we can talk with them and tell them if what is the problem. They should stop after it and we can return to the game eventually.

Sometimes our friend can do that because they have an itchy hand and can't be contented on just watching you playing. It can also be a sign that they want to be involved with the game. We must not be angry with them but we can try to provide some capital to them if we have extra money. There is no need to break the friendship.

But according to the video clip, it seems that no rules were violated because the bet was reduced in favor of the banker if the bet was not reduced, the banker would have paid a lot, that's why the bettor's friend was just careless, in terms of caring as a friend

But you're right in what you said, it shouldn't lead to anger that can destroy a friendship, it's good that you said that it's better if you just give your friend a level playing field instead of messing with your forecasting strategy.

Lucasgabd

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Quote from: bittraffic on November 30, 2022, 08:46:32 PM

Quote from: alegotardo on November 30, 2022, 08:20:03 PM

Quote from: jakdanyel on November 18, 2022, 04:53:42 PM

I had a similar incident, although not exactly in this way. It was 4 years ago. A close friend and I had a joint gambling account. When we were gambling, we made joint decisions and acted that way. But one day it didn't happen that way. When I was going to bet equally on two different games, my friend changed his mind according to his own opinion and played with all the money in one game. He did something like this without my knowledge. At the end of this incident, when we were going to have a lot of money, we didn't have any money. As a result, he is still my friend

After this incident, he returned my main money and we ended our partnership. Since then, I have not involved anyone in gambling.

I believe you were very lucky. Because your friend, despite being irresponsible in the game by betting everything on impulse without consulting you first, at least had the character to admit that he was wrong and return his part of the value.

If you were a dishonest person or simply someone who was in financial trouble, most likely you would never be able to recover the lost money.
I have never opened a joint account with friends and I strongly discourage people from doing so.

Obviously, this sum of money can make you achieve a goal faster, but friendship and trust must be very strong in order to overcome any addiction or lack of control on the part of any of those involved... which is very difficult to achieve. achieve.... I don't even trust myself Cheesy

This is the kind of business that will break a friendship. Even to the most honest person you know, you would rather keep the friendship without having him as a partner in a gambling activity. The fact that he returned the money and ended the partnership means, the friendship has already soured. A life lesson was learned from that situation. Because a friend can think who else can you not betray?

betraying a friend would definitely risk ending the friendship
though it must be possible to have a partnership, work together and separate business from friendship in some cases
it varies, and it's not easy, but may be possible

bittraffic

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Quote from: alegotardo on November 30, 2022, 08:20:03 PM

Quote from: jakdanyel on November 18, 2022, 04:53:42 PM

I had a similar incident, although not exactly in this way. It was 4 years ago. A close friend and I had a joint gambling account. When we were gambling, we made joint decisions and acted that way. But one day it didn't happen that way. When I was going to bet equally on two different games, my friend changed his mind according to his own opinion and played with all the money in one game. He did something like this without my knowledge. At the end of this incident, when we were going to have a lot of money, we didn't have any money. As a result, he is still my friend

After this incident, he returned my main money and we ended our partnership. Since then, I have not involved anyone in gambling.

I believe you were very lucky. Because your friend, despite being irresponsible in the game by betting everything on impulse without consulting you first, at least had the character to admit that he was wrong and return his part of the value.

If you were a dishonest person or simply someone who was in financial trouble, most likely you would never be able to recover the lost money.
I have never opened a joint account with friends and I strongly discourage people from doing so.

Obviously, this sum of money can make you achieve a goal faster, but friendship and trust must be very strong in order to overcome any addiction or lack of control on the part of any of those involved... which is very difficult to achieve. achieve.... I don't even trust myself Cheesy

This is the kind of business that will break a friendship. Even to the most honest person you know, you would rather keep the friendship without having him as a partner in a gambling activity. The fact that he returned the money and ended the partnership means, the friendship has already soured. A life lesson was learned from that situation. Because a friend can think who else can you not betray?

alegotardo

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Quote from: jakdanyel on November 18, 2022, 04:53:42 PM

I had a similar incident, although not exactly in this way. It was 4 years ago. A close friend and I had a joint gambling account. When we were gambling, we made joint decisions and acted that way. But one day it didn't happen that way. When I was going to bet equally on two different games, my friend changed his mind according to his own opinion and played with all the money in one game. He did something like this without my knowledge. At the end of this incident, when we were going to have a lot of money, we didn't have any money. As a result, he is still my friend

After this incident, he returned my main money and we ended our partnership. Since then, I have not involved anyone in gambling.

I believe you were very lucky. Because your friend, despite being irresponsible in the game by betting everything on impulse without consulting you first, at least had the character to admit that he was wrong and return his part of the value.

If you were a dishonest person or simply someone who was in financial trouble, most likely you would never be able to recover the lost money.
I have never opened a joint account with friends and I strongly discourage people from doing so.

Obviously, this sum of money can make you achieve a goal faster, but friendship and trust must be very strong in order to overcome any addiction or lack of control on the part of any of those involved... which is very difficult to achieve. achieve.... I don't even trust myself Cheesy

LUCKMCFLY

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Quote from: ethereumhunter on November 19, 2022, 03:23:56 AM

Quote from: jakdanyel on November 18, 2022, 04:53:42 PM

I had a similar incident, although not exactly in this way. It was 4 years ago. A close friend and I had a joint gambling account. When we were gambling, we made joint decisions and acted that way. But one day it didn't happen that way. When I was going to bet equally on two different games, my friend changed his mind according to his own opinion and played with all the money in one game. He did something like this without my knowledge. At the end of this incident, when we were going to have a lot of money, we didn't have any money. As a result, he is still my friend

After this incident, he returned my main money and we ended our partnership. Since then, I have not involved anyone in gambling.

That is why it is better for us not to share our gambling accounts with other people, even our friends, because we do not know when they will use that gambling account. Moreover, if they don't have good self-control, they can use all the money in the gambling account and not ask or tell us about it. This can lead to fights between us and friendships can be damaged because of this little thing. But you are still lucky not to lose that friend of yours and are still my friend.

The account of us in trading must be private and for exclusive use only, you can make a company with meito, that is, you can exchange information but each person must be the owner of their bets and who manages their own account, sometimes when there is money involved, things can become difficult and the person appeals to their emotions and this can lead to misunderstandings, there are people who are very little aware and would not have paid what is owed to them, on other occasions people are more delicate and I would have created a tremendous problem just by making a decision without the consent of the other.

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Quote from: cabron on November 07, 2022, 10:32:16 AM

He particularly chose Black 15 for $10K on roulette which he could have won $350,000 but a friend took the $10K and replace a safer bet. I know this is likely not to happen in real life. But let's say it did. What would you do?

https://www.youtube.com/watch?v=fT4GcK6Dpkk
I was trying to look for Kevin Hart movies on Netflix so I found one. Turns out one scene is an unsatisfying win.

The first thing I would do is not blame my friend for my actions. I don't believe any major casino would allow someone else to move your bet without your approval. If they did, I would probably complain and try to get the money I was owed. If I gave the OK to my friend to move the bet, then it's on me. It could have just as easily gone the other way and then you'd be thanking your friend for the move. I don't think I would let the chance of a game determine whether or not I was angry with my friend. That doesn't seem logical.

Lucasgabd

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Quote from: EarnOnVictor on November 30, 2022, 02:03:46 AM

Quote from: Pamadar on November 30, 2022, 01:47:56 AM

Quote from: Lucasgabd on November 29, 2022, 04:39:28 PM

Quote from: electronicash on November 29, 2022, 12:00:59 AM

Quote from: MainIbem on November 27, 2022, 05:51:39 PM

Lemme just answer from the title first, I can't risk to lose $350k just a friend and for what reason would I have wasted such opportunity if it happens i came across it. If I could have such a friend who would take me backward then no need to have them around.

you must have misread the OP. he didn't actually lose $350k. it was the possible money that could have been won if a friend didn't take the money on the table.

but this is just a scene on a movie. and he asked away if what we'd do if it happens to us. but either way, losing $350k in 2022 will give you a heart attack.

probably the only case in which somebody wouldn't be really pissed for losing 350k usd is on these cases of people who have more than 20 million usd, and even in these cases

of course there are several situations
losing by risking it in an endeavor is really different than losing it because of a friend

On your statement, only people who have flowing money can endure that amount, but if you are not that kind or you are not a rich gambler, that amount is too much for you to lose.

Though it isn't near to any reality when someone is playing or inside a gambling house, most of them
don't want to be bothered by anyone. Most of them will choose to play quietly as they are focusing
in finding ways to win against the house.

Even those with stable incomes would still feel that amount missed cheaply unless they are such that worth hundreds of million or more. This is money we are talking about, it would affect most people unless they are not from this world. Yet, it's a lesson, one should trust their instincts 100% rather than trusting friends. Because if it were to be he who made the mistake, the psychological effect would be minimal.

However, the consolation of such a person should be towards the fact that it is not real money yet credited, life goes on, it should be forgotten.

you'd be surprised to see that some people have quite different ways to relate to money
some value it to a point losing it hurts a lot
others are way more detached

one of the best ways is probably to approach gambling with a fixed amount where you don't put more if you lose it all
like fixed risk bags

EarnOnVictor

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Quote from: Pamadar on November 30, 2022, 01:47:56 AM

Quote from: Lucasgabd on November 29, 2022, 04:39:28 PM

Quote from: electronicash on November 29, 2022, 12:00:59 AM

Quote from: MainIbem on November 27, 2022, 05:51:39 PM

Lemme just answer from the title first, I can't risk to lose $350k just a friend and for what reason would I have wasted such opportunity if it happens i came across it. If I could have such a friend who would take me backward then no need to have them around.

you must have misread the OP. he didn't actually lose $350k. it was the possible money that could have been won if a friend didn't take the money on the table.

but this is just a scene on a movie. and he asked away if what we'd do if it happens to us. but either way, losing $350k in 2022 will give you a heart attack.

probably the only case in which somebody wouldn't be really pissed for losing 350k usd is on these cases of people who have more than 20 million usd, and even in these cases

of course there are several situations
losing by risking it in an endeavor is really different than losing it because of a friend

On your statement, only people who have flowing money can endure that amount, but if you are not that kind or you are not a rich gambler, that amount is too much for you to lose.

Though it isn't near to any reality when someone is playing or inside a gambling house, most of them
don't want to be bothered by anyone. Most of them will choose to play quietly as they are focusing
in finding ways to win against the house.

Even those with stable incomes would still feel that amount missed cheaply unless they are such that worth hundreds of million or more. This is money we are talking about, it would affect most people unless they are not from this world. Yet, it's a lesson, one should trust their instincts 100% rather than trusting friends. Because if it were to be he who made the mistake, the psychological effect would be minimal.

However, the consolation of such a person should be towards the fact that it is not real money yet credited, life goes on, it should be forgotten.

Pamadar

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Quote from: Lucasgabd on November 29, 2022, 04:39:28 PM

Quote from: electronicash on November 29, 2022, 12:00:59 AM

Quote from: MainIbem on November 27, 2022, 05:51:39 PM

Lemme just answer from the title first, I can't risk to lose $350k just a friend and for what reason would I have wasted such opportunity if it happens i came across it. If I could have such a friend who would take me backward then no need to have them around.

you must have misread the OP. he didn't actually lose $350k. it was the possible money that could have been won if a friend didn't take the money on the table.

but this is just a scene on a movie. and he asked away if what we'd do if it happens to us. but either way, losing $350k in 2022 will give you a heart attack.

probably the only case in which somebody wouldn't be really pissed for losing 350k usd is on these cases of people who have more than 20 million usd, and even in these cases

of course there are several situations
losing by risking it in an endeavor is really different than losing it because of a friend

On your statement, only people who have flowing money can endure that amount, but if you are not that kind or you are not a rich gambler, that amount is too much for you to lose.

Though it isn't near to any reality when someone is playing or inside a gambling house, most of them
don't want to be bothered by anyone. Most of them will choose to play quietly as they are focusing
in finding ways to win against the house.

Lucasgabd

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There's no need to be upset

Quote from: electronicash on November 29, 2022, 12:00:59 AM

Quote from: MainIbem on November 27, 2022, 05:51:39 PM

Lemme just answer from the title first, I can't risk to lose $350k just a friend and for what reason would I have wasted such opportunity if it happens i came across it. If I could have such a friend who would take me backward then no need to have them around.

you must have misread the OP. he didn't actually lose $350k. it was the possible money that could have been won if a friend didn't take the money on the table.

but this is just a scene on a movie. and he asked away if what we'd do if it happens to us. but either way, losing $350k in 2022 will give you a heart attack.

probably the only case in which somebody wouldn't be really pissed for losing 350k usd is on these cases of people who have more than 20 million usd, and even in these cases

of course there are several situations
losing by risking it in an endeavor is really different than losing it because of a friend

electronicash

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Quote from: MainIbem on November 27, 2022, 05:51:39 PM

Lemme just answer from the title first, I can't risk to lose $350k just a friend and for what reason would I have wasted such opportunity if it happens i came across it. If I could have such a friend who would take me backward then no need to have them around.

you must have misread the OP. he didn't actually lose $350k. it was the possible money that could have been won if a friend didn't take the money on the table.

but this is just a scene on a movie. and he asked away if what we'd do if it happens to us. but either way, losing $350k in 2022 will give you a heart attack.

Silberman

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Quote from: gunhell16 on November 26, 2022, 12:06:43 AM

Quote from: Slow death on November 22, 2022, 11:32:33 AM

If there's one thing that I absolutely wouldn't do, it's using a bank card to go and play at the online casino, even at the physical casino, even if I'm a person with a lot of self-control, I wouldn't do that, for the following reason: when a person plays and has money to spare at that moment when he is playing that person will always be tempted to use that money that is with him, the thought will always be that he can use that money and then when he wins he will replace that money and with that thought the person will continue losing money, and will continue thinking that next time he will win and will replace the money but at the end of the day the person will lose all the money that is in the bank. the right thing is for the person to always deposit a small amount, that even when he loses, he will not have more money to deposit

Not carrying credit cards or bank cards is a wise decision or method of a responsible gambler in any casino whether it is online or physical. Because what is said is true and I often know that it still happens to gamblers who have no control over gambling in reality.

At least if the only thing a gambler brings is the gambling amount and nothing else, even if the money he gambled is used up, even if he is still tempted to play, he will be forced to stop or just watch the gamblers play. even if he is in a land-based casino.

Apparently, in this way, they can somehow apply what is called self-control and proper handling of money in gambling.

That is a good strategy but unfortunately it is not very effective in our modern world, almost all banks now have an app you can use to keep track of your income and your expenses, which means that even if you go to the casino without any credit or debit card that makes no difference as it is likely that you will bring your smartphone, now a solution could be to not bring your smartphone with you, but what kind of person does not use a smartphone these days?

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Lemme just answer from the title first, I can't risk to lose $350k just a friend and for what reason would I have wasted such opportunity if it happens i came across it. If I could have such a friend who would take me backward then no need to have them around.

gunhell16

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Quote from: Slow death on November 22, 2022, 11:32:33 AM

If there's one thing that I absolutely wouldn't do, it's using a bank card to go and play at the online casino, even at the physical casino, even if I'm a person with a lot of self-control, I wouldn't do that, for the following reason: when a person plays and has money to spare at that moment when he is playing that person will always be tempted to use that money that is with him, the thought will always be that he can use that money and then when he wins he will replace that money and with that thought the person will continue losing money, and will continue thinking that next time he will win and will replace the money but at the end of the day the person will lose all the money that is in the bank. the right thing is for the person to always deposit a small amount, that even when he loses, he will not have more money to deposit

Not carrying credit cards or bank cards is a wise decision or method of a responsible gambler in any casino whether it is online or physical. Because what is said is true and I often know that it still happens to gamblers who have no control over gambling in reality.

At least if the only thing a gambler brings is the gambling amount and nothing else, even if the money he gambled is used up, even if he is still tempted to play, he will be forced to stop or just watch the gamblers play. even if he is in a land-based casino.

Apparently, in this way, they can somehow apply what is called self-control and proper handling of money in gambling.

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Quote from: Sandra_hakeem on November 25, 2022, 09:01:07 AM

This topic always made me remember how some people got befallen by some unforseen circumstances and, there are sometimes left with nothing to decide on, no option to follow, no decision to make... sometimes they're not even given an opportunity to make a choice, Just like the happenings from this story.
That would have been an opportunity to change his life , maybe momentarily, maybe forever but, I feel that it was not just meant to be. Secondly, friends are very annoying and jealous atimes... Let's assume that his friend knew he was gonna win big but decided to get it all FUCKED, just as he was convinced in his options, how's that supposed to be termed?

Sandra 💇

While nowhere near as extreme as what it is described in the OP, something similar happened to a friend of mine once, he wanted to buy a lottery ticket and he made a research about the numbers that came the most often, he finally decided the numbers he wanted to play but since he was busy he asked his mother to buy the ticket for him, the next day he read in the newspaper that the numbers he selected won a new car and he was incredibly happy, but his mother decided against it as she thought it was a waste of money and so he missed the opportunity to win a new car.

Topic: Losing $350,000 because of a friend, what would you do? - page 4. (Read 4289 times)