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Topic: What are the limits and common sense of bet? (Read 538 times)

member
Activity: 392
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If the bettor has bet something... be it money or some personal item, is the bettor obliged to pay? What does your jurisdiction say about this?



Have you ever made a bet that led to an embarrassing situation or do you know someone who has?

What are the limits of a bet, can a bettor bet something that he is unable to pay? i.g: betting your own life or 10 years' salary? And also without gaining anything in return, since he only bet against and didn't bet anything if that bettor won...


@Forsyth Jones, In my opinion every gambler should only gamble with what ever they feel satisfied with to lose. If a gambling is not willing to lose their salary, it's not advisable to even joke put on such joke that you want to bet with your salary or your life, unless it's basically on a joking ground but if it's a serious case, then don't gamble with your important properties or items.

I have not made such bet, I would not love to gamble that way. I hate embarrassing situation.

Gambling with one's life, life saving and all salary received is very wrong.
sr. member
Activity: 1680
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I think it is dumb to bet your life or year’s salary. This is how many people loose their houses because of gambling. When gambling. Don’t loose your sense, thinking properly before you say anything. The people who win in such bets are mostly the ones who take their time to think it through. Always remember that no matter how confident you are, never ever gamble your house, or any unbelievable thing. Never!
When we are having fun with friends and we are drunk, we can make stupid bets, because at that time we are carried away by an atmosphere that makes us not have a clear mind, but if someone bets on something quite stupid with full awareness, it is very unfortunate, as you said. betting with his entire salary or with his house, although I have known someone who got into debt because of gambling and ended up mortgaging his house so he could keep gambling and that's not much different from them being stupid and making big mistakes in their life, but if they only bet with their salary it could be because of him he still has savings that he can use if he loses, but betting like that is not recommended because the impact is very big and can really affect his life.

Then be ones that bet with huge assets are usually very aware of theirselves and what they are doing. They have no excuse for it. I don’t see why one should take such massive risk when you can always take it slow and steady in life. That’s one problem gambling brings. It makes people lazy and try to become successful without work.
hero member
Activity: 1092
Merit: 507
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Even if there is no proof that we see so far, a common sense alone just like in the title is saying is enough for us to not do it because the consequences for it are so tough and we can put our own life or even the person that are close to us in danger even if we or them are not looking for trouble.

Not all those who play gambling are a man but some are woman, so the phrase "to be like a man" won't fit for them but whatever gender it is, we can also say that we should stick with our words. The thing that we are doing is still gambling and it's not always fun but it is also thrilling or can cause us to worry. That's normal though and fine that the other way around.

The consequences of gambling are of course very serious and can even harm yourself and other people. with someone who is addicted to gambling, of course they have the opportunity to take big risky actions that can harm themselves and even other people because remembering that someone who is addicted will usually not pay attention to things around them because they will most likely only focus on things that really matter to them. I just want to. Therefore, don't do something without considering the action you want to take, we should be able to consider the action we will take first so that something undesirable doesn't happen.

It is true that gambling does not limit it to just one party, but gambling can be done by anyone, be it men or women, whether they are young or old, but most of the time it is men who prefer to gamble. Having your own boundaries is a must, to avoid unwanted things that could happen in the future. Having set limits can help us avoid behavior that could be dangerous, but I think this is only done by some gamblers, because not all gamblers can have their own limits.
hero member
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I would never bet on something that involves love or feelings for other people. I just want to take it for fun, like betting on my favorite sports, and that's it. This kind of story is already out of the betting picture for responsible people. You can't do that against an innocent person because not only will you hurt them when they find out, but you also lose your credibility as a person. Love is supposed to be real, and no bets should be involved in it. I find this kind of scenario in movies, and I don't know if it happens in real life, but just like in the movies, it doesn't end well when the bets are exposed.



I agree with you, but many of my friends bet only on their favorite teams and their favorite players. And this is due to the fact that they say, "I don't care about money so much that I bet on the opponents of my favorite team." And the understanding of these guys is that victory can be complete and complete only if your favorite team won, and at the same time you had a bet on them.

I think it's normal, because there is always someone who prioritizes his favorite team over the possibility of losing or losing money, I think it's fine as long as they don't harm others, even though for example in terms of statistics his favorite team is faced with a much stronger opponent, and on the other hand I would not say that they are smart gamblers but maybe more precisely they are gamblers who are loyal to their favorite team so that even though for example the chances of winning are small they still choose their favorite team.

But this kind of mindset can be dangerous if they have an overly aggressive approach to gambling, such as betting too large amounts of money or taking risks that exceed their limits, because of course prioritizing loyalty to the favorite team but together with betting an amount that is beyond their limits in the end it will only make them experience financial problems, especially if the scenario is like what I said above when the favorite team is faced with a more statistically sound enemy outside of the aspect of luck.
legendary
Activity: 1792
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Have you ever made a bet that led to an embarrassing situation or do you know someone who has?
Of course, I know such people and I believe that almost everyone has encountered such cases when they make funny (joking) or strange (most often drunk) bets.  As I noticed, in most cases the losing party did refuse to give up the prize for the bet, due to the fact that the bet took place during general festivities and was perceived by almost everyone as a small show, and not an actual bet for the sole purpose of making a profit.

What are the limits of a bet, can a bettor bet something that he is unable to pay? i.g: betting your own life or 10 years' salary? And also without gaining anything in return, since he only bet against and didn't bet anything if that bettor won...
Here the age-old postulate of gamblers should be voiced: “make only the bet that you are able to pay.” Smiley

Or as long as everything was done in a contract that such unusual types of bets would be worth
As in business, such agreements need to specify only those conditions that can be met. Betting your life or salary for 10 years of life is completely absurd, because they are completely impossible conditions.
sr. member
Activity: 2296
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Making jokes with bets could lead to a heated argument or even worse than that and that was proven in real life scenario here in my place that ends up for the gambler very badly. When dealing with gambling and placing bets we should be like a man of his word so things will be fun and peaceful other than that I think we are just looking for trouble.
Even if there is no proof that we see so far, a common sense alone just like in the title is saying is enough for us to not do it because the consequences for it are so tough and we can put our own life or even the person that are close to us in danger even if we or them are not looking for trouble.

Not all those who play gambling are a man but some are woman, so the phrase "to be like a man" won't fit for them but whatever gender it is, we can also say that we should stick with our words. The thing that we are doing is still gambling and it's not always fun but it is also thrilling or can cause us to worry. That's normal though and fine that the other way around.
hero member
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I would never bet on something that involves love or feelings for other people. I just want to take it for fun, like betting on my favorite sports, and that's it. This kind of story is already out of the betting picture for responsible people. You can't do that against an innocent person because not only will you hurt them when they find out, but you also lose your credibility as a person. Love is supposed to be real, and no bets should be involved in it. I find this kind of scenario in movies, and I don't know if it happens in real life, but just like in the movies, it doesn't end well when the bets are exposed.



I agree with you, but many of my friends bet only on their favorite teams and their favorite players. And this is due to the fact that they say, "I don't care about money so much that I bet on the opponents of my favorite team." And the understanding of these guys is that victory can be complete and complete only if your favorite team won, and at the same time you had a bet on them.
legendary
Activity: 3080
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I would never bet on something that involves love or feelings for other people. I just want to take it for fun, like betting on my favorite sports, and that's it. This kind of story is already out of the betting picture for responsible people. You can't do that against an innocent person because not only will you hurt them when they find out, but you also lose your credibility as a person. Love is supposed to be real, and no bets should be involved in it. I find this kind of scenario in movies, and I don't know if it happens in real life, but just like in the movies, it doesn't end well when the bets are exposed.

hero member
Activity: 1008
Merit: 755
Based on my opinion I think that a bet is only possible when the two parts of it agree on it and set a certain goal to attend in order to win a particular thing either it’s money or any other thing they both agree on and they both can handle losing if any of them don’t win.

When it comes to those kind of children bets we all experienced when we were young, like if you run fast and get to that tree first I’ll give you my toy or my share of food or whatsoever, those were just childish stuff we did and it was kind of okay for one to give away a certain toy for example. But I think that once you’re older bets like that are really not cool and irresponsible, i find it very impulsive for someone to bet his whole salary for example out of excitement not thinking it straight and for a long term.

When someone puts a bet on something he should be ready to lose it and can afford that loss, so when a sane person bets on his salary then he should pay the other part of the bet his salary in case of losing because technically they agreed on it before starting the bet. We should not forget the bet should be a serious one and both parts should be invested in it and offer to give away something in case of losing, otherwise the bet isn’t serious and cannot work. I think no one should force someone who put a bet out of rage or being drunk to give away anything when he loses, I consider it as taking advantage of the situation which completely unethical.

Now when I read about what you said about the guy who betted on taking a woman’s virginity ending up falling in love with her. I find that bet extremely disgusting, some people are so unstable and make very unexpected stupid bets because they find that fun, people like that need clinical consultation.
legendary
Activity: 2772
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It depends on the people involved in such a bet. If the person who is to receive the reward for winning the bet is generally friendly and isn't always serious about such things and takes things easily all the time, I don't think it would be a problem if the person making the bet is clueless because of being drunk or not being in his senses.

However, if the person who is receiving the bet is a type of a person who takes such things very seriously, and gets very serious very quickly when someone tries to make a bet against them, then in case they manage to win the bet, they wouldn't leave let the person go like that or understand that it was a joke or the person made the bet when they were not in their senses, they will insist that they should be given the reward that was discussed at any cost.
legendary
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I think it is dumb to bet your life or year’s salary. This is how many people loose their houses because of gambling. When gambling. Don’t loose your sense, thinking properly before you say anything. The people who win in such bets are mostly the ones who take their time to think it through. Always remember that no matter how confident you are, never ever gamble your house, or any unbelievable thing. Never!

You're absolutely right.Gambling irresponsibly can have devastating consequences leading people to lose their homes savings and even relationships.It's crucial to approach gambling with caution and never risk more than you can afford to lose.
Taking the time to think through decisions and considering the potential consequences is essential.Rushing into high-stakes bets without careful consideration can lead to financial ruin and profound regret.
No matter how confident you may feel it's essential to recognize the inherent risks of gambling and to set clear limits to protect oneself from harm.Gambling should be treated as entertainment not as a means to financial security or as a way to chase losses.
Couldn’t agree more. Gambling outcomes has no guarantee that it will always favor your side. But be more open that you could lose at some point because simply gambling results are unpredictable. However, betting your hard-earned money or your assets or properties is a different story, only fools do that. Instead, bet on what you can afford to lose, on what you are comfortable of losing. That is the best way so you won’t end up blaming yourself, or regretting wishing you did not resort into betting the things that you can’t afford of losing.

legendary
Activity: 2520
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The most meaningless and embarrassing bet I have made (and I think many of us) was in my childhood. We were playing football and the ball constantly was flying into neighbors yard. Neighbor was so fed up with us asking to return ball that he turned angry. So we played rock-paper-scissors who would be next to ask for a ball. I have lost and I was afraid to ask for a ball. I have decided to get over the fence, but when I was on the half way, the dog came out and I ran away. That is how I have lost my bet and my ball. Later that dog played with my ball and destroyed it.

Oh man, that brings back memories! The most meaningless and embarrassing bet I made was definitely during my childhood too. We were playing football, and our ball kept flying into the neighbor's yard. The neighbor got so fed up with us constantly asking for the ball back that he started getting really angry.

So, in our infinite wisdom, we decided to play rock-paper-scissors to see who would be the next unlucky soul to ask for the ball. Of course, I lost. I was too scared to face the neighbor, so I decided to climb over the fence instead. Halfway over, the neighbor's dog came charging out, and I freaked out and ran away, leaving the ball behind.

Not only did I lose the bet, but the dog ended up playing with the ball and completely destroying it. Talk about a double whammy! What I mean is that you can have any experience in your life and have some betting to have some twist on it. And it's common sense too, but you just need to be responsible of the outcome.

Why have you edited or re-written my post, so it would look like something else?
legendary
Activity: 2814
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I think it is dumb to bet your life or year’s salary. This is how many people loose their houses because of gambling. When gambling. Don’t loose your sense, thinking properly before you say anything. The people who win in such bets are mostly the ones who take their time to think it through. Always remember that no matter how confident you are, never ever gamble your house, or any unbelievable thing. Never!
When we are having fun with friends and we are drunk, we can make stupid bets, because at that time we are carried away by an atmosphere that makes us not have a clear mind, but if someone bets on something quite stupid with full awareness, it is very unfortunate, as you said. betting with his entire salary or with his house, although I have known someone who got into debt because of gambling and ended up mortgaging his house so he could keep gambling and that's not much different from them being stupid and making big mistakes in their life, but if they only bet with their salary it could be because of him he still has savings that he can use if he loses, but betting like that is not recommended because the impact is very big and can really affect his life.
legendary
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I never bet using my salary as a bet because it is stupid and could cause me to lose all my salary money. There is no exact amount we can bet but using all our salary money to bet, it is not a good idea and we should not follow those people who do it. We should only bet with money we can afford to lose so that if we lose, it is money we are willing to lose.
We can place a bet with our salary, which I don't doubt, but there should be a limit to what amount we can bet with and which amount we can't place a bet with.
 
If you can manage to use only a few of it, like 1-5% of your salary for gambling, I believe that won't affect your expenses too much, up to the extent that you won't have what to spend on your family.
 
Those who always used up their salary to gamble are not in control of themselves, so they planned and set limits, or it could be that they don't have a responsibility to take care of, which will always be of remembrance to them whenever they want to spend up their salary.

It is fine to use some of your salary, so long it doesn't affect your basic expenses/bills. I think that's common sense. And if you exceed your limits, then, it is your problem, so don't blame anyone why you will be putting yourself into a tight position, if in case you will incur losses on this path.
Also, bear in mind that if your salary is just enough for your expenses, better think of other things to augment your income and not gamble. Gamble only when you feel you have some spare change to play with.
sr. member
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I never bet using my salary as a bet because it is stupid and could cause me to lose all my salary money. There is no exact amount we can bet but using all our salary money to bet, it is not a good idea and we should not follow those people who do it. We should only bet with money we can afford to lose so that if we lose, it is money we are willing to lose.
We can place a bet with our salary, which I don't doubt, but there should be a limit to what amount we can bet with and which amount we can't place a bet with.
 
If you can manage to use only a few of it, like 1-5% of your salary for gambling, I believe that won't affect your expenses too much, up to the extent that you won't have what to spend on your family.
 
Those who always used up their salary to gamble are not in control of themselves, so they planned and set limits, or it could be that they don't have a responsibility to take care of, which will always be of remembrance to them whenever they want to spend up their salary.
legendary
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Have you ever made a bet that led to an embarrassing situation or do you know someone who has?

What are the limits of a bet, can a bettor bet something that he is unable to pay? i.g: betting your own life or 10 years' salary? And also without gaining anything in return, since he only bet against and didn't bet anything if that bettor won...

Or as long as everything was done in a contract that such unusual types of bets would be worth?

You can use as a source of argument, this news that I will leave linked here.

In the examples below, the news that a man bet that he would take the virginity of a religious woman, ended up marrying her because he fell in love in the process, but a friend let it slip that this was the result of a bet between co-workers, the what do you think about that?
Such types of bet as you explained is usually for fun, and I could remember several times I've made statements like, or heard people make statements like - "I bet my dick that this or that will happen, or not happen", and in the end, the person from other end always and should understand such bet to be a joke, since even if he ends up winning, he can't actually ask me to give him my dick.

But on the hand, I've witnessed an incident where two friends were watching a football match, and in the heat of the argument, one said that he's betting his car that his favorite club will win the match, and at the end, his favorite club ended up losing the match, he was then asked to submit his car keys over, but he refused; saying that the bet was a joke, but the friend refused to accept the bet was a joke, this later lead to a serious fight between the two friends.

People shouldn't be careless in making such betting statements, for you never know what type of person the other party is, he or she might just be a trouble maker who will refuse to understand that such betting statement was a joke.
hero member
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Making jokes with bets could lead to a heated argument or even worse than that and that was proven in real life scenario here in my place that ends up for the gambler very badly. When dealing with gambling and placing bets we should be like a man of his word so things will be fun and peaceful other than that I think we are just looking for trouble.
It also leads to fights. You don't have to joke with everything more especially gambling things, it won't end well because you might be joking with what you are saying but the next person closer to you which you are talking to won't know if you are serious or not. If it's gamble it's something serious because one have to put money for the stake to work perfectly.
I don't know if you have ever been to a local casino shop where they are lots people actually playing virtual games with the computer system and they are some shop attendants placing these bets although most times they left to operate and stake the bet themselves but I tell you brother it's never a nice scene because that's where you find and meet a whole lot of crazy gamblers that can do all sort of shit things when they are losing and you making funny gesture will just make the whole situation or even the person betting even more pissed off and sometimes they even end up getting all physical with each other.
full member
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The most meaningless and embarrassing bet I have made (and I think many of us) was in my childhood. We were playing football and the ball constantly was flying into neighbors yard. Neighbor was so fed up with us asking to return ball that he turned angry. So we played rock-paper-scissors who would be next to ask for a ball. I have lost and I was afraid to ask for a ball. I have decided to get over the fence, but when I was on the half way, the dog came out and I ran away. That is how I have lost my bet and my ball. Later that dog played with my ball and destroyed it.

Oh man, that brings back memories! The most meaningless and embarrassing bet I made was definitely during my childhood too. We were playing football, and our ball kept flying into the neighbor's yard. The neighbor got so fed up with us constantly asking for the ball back that he started getting really angry.

So, in our infinite wisdom, we decided to play rock-paper-scissors to see who would be the next unlucky soul to ask for the ball. Of course, I lost. I was too scared to face the neighbor, so I decided to climb over the fence instead. Halfway over, the neighbor's dog came charging out, and I freaked out and ran away, leaving the ball behind.

Not only did I lose the bet, but the dog ended up playing with the ball and completely destroying it. Talk about a double whammy! What I mean is that you can have any experience in your life and have some betting to have some twist on it. And it's common sense too, but you just need to be responsible of the outcome.
sr. member
Activity: 434
Merit: 265
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Making jokes with bets could lead to a heated argument or even worse than that and that was proven in real life scenario here in my place that ends up for the gambler very badly. When dealing with gambling and placing bets we should be like a man of his word so things will be fun and peaceful other than that I think we are just looking for trouble.
It also leads to fights. You don't have to joke with everything more especially gambling things, it won't end well because you might be joking with what you are saying but the next person closer to you which you are talking to won't know if you are serious or not. If it's gamble it's something serious because one have to put money for the stake to work perfectly.
legendary
Activity: 2478
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Today I'm going to address a slightly more serious subject. Do you know these meaningless bets? What do people usually do in circles with friends?

Children's bets like: you can't do it (any random action within the context and environment), I'll bet my salary...

If the bettor has bet something... be it money or some personal item, is the bettor obliged to pay? What does your jurisdiction say about this?

We used to shake hands with a witness present when someone wanted to make such bet. Without a third party and a gesture it wasn't valid, so if you were drunk and said I'd bet my car on that, or my house, or whatever, you were not expected to pay, you'd just be ridiculed for a while, guys would greet you by asking "where's my car" or something and laughing it out.
If you shook hands with a witness, you'd have to mediate with the winner because obviously as it happens with drunk bets, nobody will expect you to leave your house and give it to the winner, but he'd ask you for money, enough to satisfy him. If you bet your car and it's not really your car but your father's, the winner would just ask for some money. I've seen it happen when the guy bet his father's car and they agreed he'd pay 10% of it's value in cash because after losing he realized how stupid that bet was.
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