I don't think people should take every bets too seriously. Sometime friends are just kidding with each other and say absurd things like "I bet my wage if you are successful doing something challenging". So the other friend does the challenge, but not exactly to win the bet, but just to prove he can do that. In these cases I don't think the individual has to pay the bet, because it's something absurd that should be noticed by everyone present since the beginning.
There aren't any obligations which will force the person to pay the bet in this case. And in situations where third people are involved, it's even more serious, like in the two examples mentioned by OP, being the second example a crime, since it involved sexual abuse of the women of the addicted gambler who lost the bet. That woman could have reported the men who abused her and even her husband to the authorities. That is a very disgusting situation for every parts involved, which have indeed gone too far the acceptable limits of a fair and healthy bet.
Topic: What are the limits and common sense of bet? - page 2. (Read 538 times)
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.
There are two things I can say about this. It depends on the kind of situation when the bet was made. If they were seriously speaking and had other witnesses during the time of the childish bets or so. The other who lost the bet may be forced to do as he promised even though we know that he won't do it willingly but when others who were witness agrees with the other who won, he might be forced to pay up. Some bets might be embarrassing at first. Since we did it publicly and then lost it. If we are like in a circle of our Friends then we may laugh about it and just let it pass away.
I agree with that. It depends on the situation. Most of the time there are bets that are meant as a joke and it should be taken as that. There are times a person is carried away and he will challenge someone on a bet even though he ain't really serious about it. I think a real bet against a friend or another person is if someone will show the money or a handshake will be done meaning you both agree and it's a deal.
I had my own share of people joking around and trying to make a bet against me, especially in the Finals of the NBA which is the sport that is popular in our place. Someone would just come near you and show $10 of money asking if you will bet against their team. That's real.
Now, if another person does the same but he is known to be a cheap guy and doesn't really do that kind of thing in his life, then it should not be taken seriously and I doubt he did too.
Have you ever made a bet that led to an embarrassing situation or do you know someone who has?
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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...
No one will accept that kind of bet and it is very risky if one accepts and you lose so when you're making a bet you have to honour it or it will cause embarrassment for you and no one will take you seriously next time you might even go to a fight, if you're going to go for any bet be sure to back it up all bets are serious matters because money is involved on it. 
From what I understand what is bet is, both parties involved most stake something so that whoever losses will have to miss something. If a bet is only on one person, I will not call it a bet. The casino or sport bets that we use for our staking activities have a lot of money in which we can win, and it is because of this money that is making a lot of people to gamble, because if you win, you will get paid and if you lose, the casino keeps your money. So betting only on one side shows a sign of unseriousness a joke to me because it is only the bettor that will lose. Sometimes, those kind of bets are done orally, and should not be taken as a bet. I have not involved in such game because I feel it is cheating, because I know my friends they will definitely want you to do whatever you said. Will I call such a promise or something.
True, I agree with you that the concept of betting is an activity of both parties where the loser has to lose something they have whether it is money or valuables that have agreed to be bet, but if there is absolutely no winning object or object that is intended to be lost if it loses then it is clearly not a bet or if something that is considered a bet is only run by one party without any involvement from the other party then it is clearly not gambling.One of the biggest reasons why someone comes and dares to gamble is because of a prize that looks tempting so this is what attracts many people to enter and get involved in the hope of getting the promised victory even without any certainty and guarantee during the process, I think it is very simple to understand the concept of gambling, and if there is something that is considered a bet but there is absolutely no risk of losing anything when he loses then obviously it is not gambling.
can the person who would "win" the bet force the friend who made this childish bet?
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Have you ever made a bet that led to an embarrassing situation or do you know someone who has?
There are two things I can say about this. It depends on the kind of situation when the bet was made. If they were seriously speaking and had other witnesses during the time of the childish bets or so. The other who lost the bet may be forced to do as he promised even though we know that he won't do it willingly but when others who were witness agrees with the other who won, he might be forced to pay up. Some bets might be embarrassing at first. Since we did it publicly and then lost it. If we are like in a circle of our Friends then we may laugh about it and just let it pass away. 
- The question is, what does making a bet do to a casino gambler? Of course the player's mind in a casino is to win, and when they win they have money that can be withdrawn when it accumulates a large amount.
And it also depends on what type of game in the casino and usually it is sports games, poker and others where someone often gets a jackpot prize in casino gambling. Right?
Or maybe they are able to bet because it gives them full satisfaction.
If they are not sport, they will always think of that. They gamble knowing that they can lose and when they do, it is still hard for them to accept it. When they win they are not also contented with a small amount even though it is already possible to withdraw it and this is why they will only end up with nothing instead.And it also depends on what type of game in the casino and usually it is sports games, poker and others where someone often gets a jackpot prize in casino gambling. Right?
Or maybe they are able to bet because it gives them full satisfaction.
Those who are always seeking for a win are indeed playing those games but there is no such thing as jackpot on them. In poker there are tournaments which let you earn bigger than usual. Jackpots are usually in slot games, bingo and lottery. Gambling is created to entertain the people, therefore yes that it gives the player a satisfaction.
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?
Does everything always have to be at stake, to the point that the fate of other people, in a very unethical context, is then used as a place of betting to satisfy mere lust? People like this are out of bounds and never understand the true meaning of betting. Because moral gamblers know what they can bet on and what they can't bet on. Is it ethical to use a woman virginity as a betting? This action is not in the soul of a man, he is just thirsty for other people's approval and has never had any morals at all. he and his coworkers are both crazy, they will never learn what real betting is. If you feel like a gambler, come to a land-based casino and see how good he is at playing poker on the table. Being able to come out with honor and joyful victory is what a gambler is. Instead of betting on something that is not worth betting on.
If there is nothing to ensure that whosoever loses in a bet pays, then you can't really call it a bet, because the loser may end up not paying or decide not to do what they said that they would do.
Just as you deposit your money into a casino and stake it, with the casino taking custody of the money until you get the outcome of the bet, that is the same way friends must find a way to escrow the money staked amongst themselves, before going into a bet with one another.
Even if both parties didn't stake any money, maybe because it was not available at that time, if there is a sort of agreement that is either written or has witnesses, I could be called a bet. In my location, people can bet with some part of their earnings, and they will be under obligation to redeem these bets. But this kind of betting could lead to disagreement or even fights since the funds were not escrowed. Just as you deposit your money into a casino and stake it, with the casino taking custody of the money until you get the outcome of the bet, that is the same way friends must find a way to escrow the money staked amongst themselves, before going into a bet with one another.
Have you ever made a bet that led to an embarrassing situation or do you know someone who has?
I can't remember engaging in this kind of bet but I can remember that my elder brother won such a bet. He was asked by his rich friend, to show his private parts to some ladies, and he would win a large sum of money. I was shocked that my brother did it perfectly and won the bet. It was those days when there was no smartphone or internet, so it didn't matter that much.
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!
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.
From what I understand what is bet is, both parties involved most stake something so that whoever losses will have to miss something. If a bet is only on one person, I will not call it a bet. The casino or sport bets that we use for our staking activities have a lot of money in which we can win, and it is because of this money that is making a lot of people to gamble, because if you win, you will get paid and if you lose, the casino keeps your money. So betting only on one side shows a sign of unseriousness a joke to me because it is only the bettor that will lose. Sometimes, those kind of bets are done orally, and should not be taken as a bet. I have not involved in such game because I feel it is cheating, because I know my friends they will definitely want you to do whatever you said. Will I call such a promise or something.
Very true my dear, before anything is called a bet, they parties must mutually stake something of value to make it a bet, because one person must either win or lose something of value be it money, property or any other tangible things available. just like the casino or betting shop that you cited earlier both of them have their money to risk and that is why they cannot allow you to play without risking your money too because if you win you will go with their money and if you lose vice versa.gambling or betting should be symbiotic in nature because that is the fun, and that is also the reason why the bettor will take it very seriously, though i have seen friends who bet orally just to have fun and probably to keep themselves busy, gambling is also fun and sweet when you stake something reasonable because the amount you have staked brings out your seriousness.
They can call it betting, but that is not betting but 'promise'. If someone said he bet with you and only you or the person has something to lose while not having anything to gain if he or she wins, you are only promising yourselves. Betting means someone has to lose. There are two opponents that bet, there most be a loser and a winner. The winner takes the money of the loser while the winner also risked his or her own money.
Excellent answer guys, when only one side has to lose, why should we call it a bet, given that in a bet, it must be something agreed between the pairs involved and both one and the other need to agree to bet something of value?Now, for someone to force you to do something just because they said it out loud in a joking tone is bad character in my opinion, as it is a character defect.
Whatever that we say with our mouths without any action of staking, I don't see it as a bet. Even if two friend wants to bet and they don't have money to stake for the bet at that moment but went ahead to say it with their mouth. I don't see it as a bet, because an action of staking most take place immediately from both parties for it to be a bet.
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.
The gambling limit depends on the financial condition if one calculates the amount And to set this limit on how much time you gamble, you need to think about how much time you gamble that gambling won't attract you. Because when you are addicted to gambling, gambling will not allow you to sleep properly and will not allow you to be busy with other activities. Your mind will only want to gamble. so you have to control yourself and you have to set yourself the amount of gambling to keep yourself in control. 
We limits ourselves when playing gambling because if we are not do that, we can lose much money without we can realizes. Many people trying to use much money but most people lose their money and can't gets it back. That's why we must have limitation when playing gambling to prevents the big lose and bankruptcy in gambling. With limiting in deposit money to playing gambling, we can saves the money from the lose while we can also enjoy the gambling games moderately. We must responsibility with ourselves and our money so we don't gets many problems because the biggest problem from playing gambling aggressively is becomes addicted to gambling.
Being able to limit ourselves and the bets we use to gamble is of course very good and there are some people who play gambling without being able to limit themselves and also the money they use to bet and they will of course spend more of the money they have on gambling and also will never be able to enjoy the games they play because most of them who have difficulty limiting themselves to gambling will bet greedily so that it is difficult for them to win and enjoy the bets they play.Quote
We must knows our limits and never breaks it because that can gives an effect to our financial. It's better we playing gambling with the money we can afford to lose so we will remember that playing gambling is just for fun and nothing else. If we can do that, we don't have to worry with any effect that may occurs to us because we can takes care with ourselves.
Indeed, this is very difficult to do if they have experienced an addiction to the gambling they play and many people break it after they make these rules, gambling with money that we can afford to lose will of course be very good and we must also be able to limit it. the amount we use for gambling because if we use too much of the funds we use for gambling, of course we will become an addict too which will cause us to have financial problems. 
Every gambler has his level of responsibility when it comes to Gambling activities and often times, that level of responsibility is measured by how they stake coupled with how much time they attribute to making bets and engaging in gambling activities. In gambling the common sense I would attribute this post to discussing about is actually that of being able to properly manage your stakes as a responsible gambler during Gambling activities.
This is because if you observe closely gambling addicts are classified as addicts mainly because of their inability to economically manage their funds during bets. Therefore most of them end up staking irresponsibly. As responsible gambler should stake what he can afford to lose not important funds like his salary or income earnings.
Sometimes their judgement to make good decisions is over clouded by their overwhelming wants to win and that's why the makes these drastic and irresponsible staking amount with funds that maybe be used for other important things like feeding and family upkeep. I know of many gamblers who are just keen on the fact that they could earn money through their gambling habits, and some of them even go as far as loaning money just for the sake of betting and hoping that it turns out well for them but gambling we all know is something that's never certain especially when it comes to evaluation of winnings so they sometimes end up chasing that initial money they used and then end up even losing more.This is because if you observe closely gambling addicts are classified as addicts mainly because of their inability to economically manage their funds during bets. Therefore most of them end up staking irresponsibly. As responsible gambler should stake what he can afford to lose not important funds like his salary or income earnings.
In gambling there will never be gambler who is truly able to fulfill all his desires in achieving success, those who try more in various ways will ultimately be disappointed for all the efforts they have made.
But basically every gambler will never be able to understand concept like this when they haven't actually experienced bad things that make them feel like they have lost lot of things.
Moreover, gambling always offers new things in providing opportunities for big profits for gamblers and this causes them to forget how to control and set limits.
Things like this happen lot and so far there will only be bad impacts that they feel when they just gamble with crazy ambition to win.
Those are nothing, there's nothing to be gained and nothing to be taken from those bets, they're not really serious about those stuff that they're saying, that's just a thing that people say to make it sound like they're serious about the dare and that they're willing to bet something that they care about just to see the dare materialize. There's of course a limit to it but we have to remember that it really doesn't matter if there is because it's not real bets. It's weird that there's people that would take this seriously, I mean it should've been obvious that it's a joke so how come that's not the case for some people? Learn to have a sense of humor if this thing irritates you.
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Basically there is nothing that limits how much money we can spend on gambling or betting, it's just that maybe in some casinos there is a deposit limit and we can deposit more money to make the bets we want, but it's true what you said we are the ones who determine the limit ourselves, Because it is our own money and we will accept the risks of the bets we make, and of course thinking that we are responsible for any decision we make is a mindset where we should not spend money that we cannot lose in the casino, because it will have an impact on our mindset that will chase defeat and eat more money lost which ends in addiction.
The size of the ability is very important in terms of betting, adjusting to what we have and what we can risk in betting is a wise thought, do not take steps what we cannot accept the consequences otherwise it will destroy our lives, but what if lucky? yes if we get lucky maybe it will be a great thing but the risk is very bad if we don't have that luck.
We limits ourselves when playing gambling because if we are not do that, we can lose much money without we can realizes. Many people trying to use much money but most people lose their money and can't gets it back. That's why we must have limitation when playing gambling to prevents the big lose and bankruptcy in gambling. With limiting in deposit money to playing gambling, we can saves the money from the lose while we can also enjoy the gambling games moderately. We must responsibility with ourselves and our money so we don't gets many problems because the biggest problem from playing gambling aggressively is becomes addicted to gambling.The size of the ability is very important in terms of betting, adjusting to what we have and what we can risk in betting is a wise thought, do not take steps what we cannot accept the consequences otherwise it will destroy our lives, but what if lucky? yes if we get lucky maybe it will be a great thing but the risk is very bad if we don't have that luck.
We must knows our limits and never breaks it because that can gives an effect to our financial. It's better we playing gambling with the money we can afford to lose so we will remember that playing gambling is just for fun and nothing else. If we can do that, we don't have to worry with any effect that may occurs to us because we can takes care with ourselves.
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...
Many people like to place bets they can't cover. I guess they are somehow convinced of their win, for all sorts of reasons, but whatever that reason may be it's wrong to gamble with money you can't afford to lose. Many people, including myself, have experience with some crazy bets, with amounts that are big for us, but that's something we can do when we are young and alone... It's the period of life when we can allow ourselves to be crazy and explore things. But as we get older our limits for gambling and doing crazy things are getting lower, I couldn't imagine myself doing something like that. The risk is huge, I have family and I wouldn't dare to risk their future because of anything, and what kind of example I would be for my kids?
You know those silly little bets we made as kids, like I bet you can't climb that tree! It was never really about money or anything, just bragging rights. As adults though, it gets more complicated when the stakes are higher and even if you're just joking around.
Like say you get caught up in the moment watching a game with your buddy. You bet your whole salary on something crazy happening - not thinking he'll actually hold you to it if you lose! But legally, could he make you pay up? Im guessing it depends on your local laws and the specifics and all.
Anyway, my advice is to keep it light with bets. Don't let things escalate too far just because you're feeling cocky. Otherwise you might end up learning the hard way where that legal line in the sand is drawn!
Like say you get caught up in the moment watching a game with your buddy. You bet your whole salary on something crazy happening - not thinking he'll actually hold you to it if you lose! But legally, could he make you pay up? Im guessing it depends on your local laws and the specifics and all.
Anyway, my advice is to keep it light with bets. Don't let things escalate too far just because you're feeling cocky. Otherwise you might end up learning the hard way where that legal line in the sand is drawn!
A gambler could bet any amount as long as the opposing bettor would allow it and that depends on the agreement. An opposing gambler won't allow such thing if he knows that the other won't be able to pay it in return. There are just times that bets could be unrealistic but an agreement between two parties, is an agreement. However, this isn't a good practice. This could yield to instances that you would bet an amount you borrowed simply because you don't care that much with realistic bets. Then if things will be consistent, huge dent is expected.
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.
If things won't be avoided then yes this could spark an argument given that the opposite bettor will be expecting an exchange to what he risked his money for. Jump to: