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Topic: Will you put money together with friends to bet on sports games? (Read 1428 times)

LDL
hero member
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Just for the experience of it I think a group bet would be cool and splitting the winnings of course would be fun and I’m sure there would be celebrations and fun as a result of the winnings so that would be dope. If not winning it would suck for everyone but still probably end up with a night on the town so you really can’t go bad either way haha
if all your friends enjoy and have fun, betting with friends is not a problem. whatever the result is still feel the pleasure. but as OP said, it can be bad when there are one or two of your friends who start thinking about getting all the winnings and enjoying it alone, that would be bad. if it is a very close friend to you, maybe there will be a little risk. but if there are friends who are not so close there, then it can cause problems. money can affect a person's mind and ambition.
OP, the example you drew happens to be true in many cases.  Especially in multiple friends there are some characteristic friends who are a bit selfish type. If you can share business with them, sometimes they are dishonest with other friends. I have come across such friends in real life and they tried to own everything while doing share business and at some point my friends deprived me of everything. This can happen in gambling if money is pooled with friends to bet, then at some point selfish friends will decide to enjoy the profits alone from betting large amounts. You should always be careful and careful from these friends because these friends are looking for opportunities and if they get a chance they harm their trusted friends.
sr. member
Activity: 686
Merit: 398
Just for the experience of it I think a group bet would be cool and splitting the winnings of course would be fun and I’m sure there would be celebrations and fun as a result of the winnings so that would be dope. If not winning it would suck for everyone but still probably end up with a night on the town so you really can’t go bad either way haha
if all your friends enjoy and have fun, betting with friends is not a problem. whatever the result is still feel the pleasure. but as OP said, it can be bad when there are one or two of your friends who start thinking about getting all the winnings and enjoying it alone, that would be bad. if it is a very close friend to you, maybe there will be a little risk. but if there are friends who are not so close there, then it can cause problems. money can affect a person's mind and ambition.
Though you guys both have a good point here, but my concern is if the profit is to be shared equally, why not they all gamble personally on their respective casinos? Because whether the betting amount is been done collectively or individually, the profits is always likely to be the same. So if I was to be consulted, I would have suggested that they do the research and analyse on games to be played together, while they gamble individually, in other to avoid scenarios whereby someone will run away with the winning ticket.
Before friends would even consider putting money together to stake on a game together, that automatically means they know and trust themselves too well, so the scenario of one person running away with the winning ticket is unlikely to happen.
And then again, I totally see nothing wrong with a group of friends joining resources or money to stake on a game game, if they all have a mutual agreement on how to share the winning when it arrives, if they all contributed the same amount then it's only fair the profits are also splitter into equal halves too.
And again, we could have scenarios where not everyone in the group has an idea of gambling but is interested in putting in resources, which hopes of getting his own share if the game plays in their favour. This is one reason that could compell such a collaboration.
hero member
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If the money is small it should be fun, mind you it is all about your friends, people do this to enjoy times with their friends.

Some people will end up been betrayed by one Judas in the group, when money is involved it is possible that you will be betrayed, this is why knowing your friends is important, i won't dare go with this idea if the money is big.

To have some fun money doesn't have to be involved and if it is a must to use money then it should the amount that is much affordable by you and your friends.

That's true going with such idea shows that you are no longer gambling for fun rather you are gambling just to multiply your money , because they will be like when our money is together it will be bigger, so the win will be bigger also . Which is wrong because there's no guarantees you guys are going win just by putting your money together, the best thing to do is to keep using the amount you can afford and do yours alone to avoid any form of issues.
You wouldnt really be having no feeling of regrets on the time that you would really be able to have that losing bet just because you do know that you are the only one who do make out some bet.
You are the ones who do make the bet and the ones who would be able to hold up in case you do win. Yes, it understandable that the money is pooled would be resulting on a huge wins too
but just like on what most people been focusing or telling into that there's a tendency that it would really be ran away and that would really be a huge disappointment on your part.
So it will really be much better that you should bet on your own and having no worries in regarding about this manner. You are the ones who would really be doing such decisions in regarding to this stuff.

Exactly, like imagine you went to the extent of bringing the game you guys are going to bet on and the rest agrees , if the game goes to you guys and you guys endup winning they will be happy and may not take it as a big deal, but in a scenario the game endup not going you guys way you will be the one to be blamed , because it was you that choose the game , and they forget the fact that in gambling either you win or you lose .

But I Stance is your personal money without adding any one else money , even when you lose you won't feel that bad and you can easily move on with it .
If you are the ones who would really be handling out those funds then its always been that better or ideal that you should really be that not making yourself to let on choosing on which team/player
you would be betting on. It will really be basing up into those people who do bet out. It will really be basing up on what the majority had chosen up. If it turns out that there a majority choice then
i dont see that you would be getting blamed by that since its everyones choice. Pretty sure that they wont really be letting the handler of that funds will really be having that full rights
on choosing up on whose to bet. You are the ones will really be just betting but of course majority decision will really be that followed.
sr. member
Activity: 336
Merit: 292
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Though you guys both have a good point here, but my concern is if the profit is to be shared equally, why not they all gamble personally on their respective casinos? Because whether the betting amount is been done collectively or individually, the profits is always likely to be the same. So if I was to be consulted, I would have suggested that they do the research and analyse on games to be played together, while they gamble individually, in other to avoid scenarios whereby someone will run away with the winning ticket.

I also agree with this. I think for the sake of the friendship staying intact and having no problems at all, all the friends should make their own bets with whatever amount they want and on whatever team they feel will win, and then they all sit together to watch the game. That would make it more fun because there wouldn't be any arguments or anything about the money or the profits or anything like that.

If I and my friends were to make bets together on a game, I would suggest this way because I feel this will make it better and more understandable. Sometimes even the closest friends can have problems when it comes to money matters, so it's better to keep financial things to yourself and only have fun together.

So I also think making separate bets on the same game and then watching the game together would make the experience more fun and exciting.
hero member
Activity: 1176
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Just for the experience of it I think a group bet would be cool and splitting the winnings of course would be fun and I’m sure there would be celebrations and fun as a result of the winnings so that would be dope. If not winning it would suck for everyone but still probably end up with a night on the town so you really can’t go bad either way haha
if all your friends enjoy and have fun, betting with friends is not a problem. whatever the result is still feel the pleasure. but as OP said, it can be bad when there are one or two of your friends who start thinking about getting all the winnings and enjoying it alone, that would be bad. if it is a very close friend to you, maybe there will be a little risk. but if there are friends who are not so close there, then it can cause problems. money can affect a person's mind and ambition.
Though you guys both have a good point here, but my concern is if the profit is to be shared equally, why not they all gamble personally on their respective casinos? Because whether the betting amount is been done collectively or individually, the profits is always likely to be the same. So if I was to be consulted, I would have suggested that they do the research and analyse on games to be played together, while they gamble individually, in other to avoid scenarios whereby someone will run away with the winning ticket.
hero member
Activity: 1246
Merit: 699
Just for the experience of it I think a group bet would be cool and splitting the winnings of course would be fun and I’m sure there would be celebrations and fun as a result of the winnings so that would be dope. If not winning it would suck for everyone but still probably end up with a night on the town so you really can’t go bad either way haha
if all your friends enjoy and have fun, betting with friends is not a problem. whatever the result is still feel the pleasure. but as OP said, it can be bad when there are one or two of your friends who start thinking about getting all the winnings and enjoying it alone, that would be bad. if it is a very close friend to you, maybe there will be a little risk. but if there are friends who are not so close there, then it can cause problems. money can affect a person's mind and ambition.
hero member
Activity: 1386
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Hi hommies..

So, just this morning, a close friend of mine approached me while we were in a small meeting with the power holding company that supplies electricity in my street( or rather, small community).

Knowing I usually bet on sports from time to time, he began discussing about sports events with me mostly centered on the current Euro 2024, discussion was interesting as i always enjoy discussions around football and all the arguments that goes with it 😁.

Along the line, he asked if I will be willing to join a group betting, I asked what group betting was, he told me it's just a group of guys like myself, coming together to join an agreed amount together to bet on chosen sports games, and if the bet wins, we take out the money with the profit and share it equally amongst ourselves.

It was an interesting idea to be honest, but I really was wondering if it was the right thing to do, remembering one incident that happened last year where two friends put money together in a bet, bet won, amount was really huge, the other stole the ticket ran away and cashed the entire money from a very far place, leaving the other guy with nothing.

What do you guys think, is this concept or idea a good one? Will you accept such request?


Just for the experience of it I think a group bet would be cool and splitting the winnings of course would be fun and I’m sure there would be celebrations and fun as a result of the winnings so that would be dope. If not winning it would suck for everyone but still probably end up with a night on the town so you really can’t go bad either way haha
sr. member
Activity: 602
Merit: 260
If the money is small it should be fun, mind you it is all about your friends, people do this to enjoy times with their friends.

Some people will end up been betrayed by one Judas in the group, when money is involved it is possible that you will be betrayed, this is why knowing your friends is important, i won't dare go with this idea if the money is big.

To have some fun money doesn't have to be involved and if it is a must to use money then it should the amount that is much affordable by you and your friends.

That's true going with such idea shows that you are no longer gambling for fun rather you are gambling just to multiply your money , because they will be like when our money is together it will be bigger, so the win will be bigger also . Which is wrong because there's no guarantees you guys are going win just by putting your money together, the best thing to do is to keep using the amount you can afford and do yours alone to avoid any form of issues.
You wouldnt really be having no feeling of regrets on the time that you would really be able to have that losing bet just because you do know that you are the only one who do make out some bet.
You are the ones who do make the bet and the ones who would be able to hold up in case you do win. Yes, it understandable that the money is pooled would be resulting on a huge wins too
but just like on what most people been focusing or telling into that there's a tendency that it would really be ran away and that would really be a huge disappointment on your part.
So it will really be much better that you should bet on your own and having no worries in regarding about this manner. You are the ones who would really be doing such decisions in regarding to this stuff.

Exactly, like imagine you went to the extent of bringing the game you guys are going to bet on and the rest agrees , if the game goes to you guys and you guys endup winning they will be happy and may not take it as a big deal, but in a scenario the game endup not going you guys way you will be the one to be blamed , because it was you that choose the game , and they forget the fact that in gambling either you win or you lose .

But I Stance is your personal money without adding any one else money , even when you lose you won't feel that bad and you can easily move on with it .
hero member
Activity: 2926
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If the money is small it should be fun, mind you it is all about your friends, people do this to enjoy times with their friends.

Some people will end up been betrayed by one Judas in the group, when money is involved it is possible that you will be betrayed, this is why knowing your friends is important, i won't dare go with this idea if the money is big.

To have some fun money doesn't have to be involved and if it is a must to use money then it should the amount that is much affordable by you and your friends.

That's true going with such idea shows that you are no longer gambling for fun rather you are gambling just to multiply your money , because they will be like when our money is together it will be bigger, so the win will be bigger also . Which is wrong because there's no guarantees you guys are going win just by putting your money together, the best thing to do is to keep using the amount you can afford and do yours alone to avoid any form of issues.
You wouldnt really be having no feeling of regrets on the time that you would really be able to have that losing bet just because you do know that you are the only one who do make out some bet.
You are the ones who do make the bet and the ones who would be able to hold up in case you do win. Yes, it understandable that the money is pooled would be resulting on a huge wins too
but just like on what most people been focusing or telling into that there's a tendency that it would really be ran away and that would really be a huge disappointment on your part.
So it will really be much better that you should bet on your own and having no worries in regarding about this manner. You are the ones who would really be doing such decisions in regarding to this stuff.
hero member
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it is true that no one does not know what will happen later, even though they have an agreement at the beginning that does agree to share their winnings fairly and evenly, but that does not guarantee that they will not experience conflict considering that everyone is sensitive to money so there is still a possibility that they can experience conflict with one of them having thoughts or feelings of greed that suddenly appear when they have succeeded in winning.
It is true that gambling using your own money is more comfortable because we are the only ones who will bear everything, whether we win or lose, but what is wrong is when we lose and get emotional and then take it out on other people. This is also something that must be prevented from happening because it is unethical when we lose and take it out on other people.
On the moment if someone would really be getting a hold of an amount that they havent been able to expericence for the rest of your life then high chances or tendency that you would really be running with those funds. Just like on what some people been saying on here that never ever trust up someone when it comes to money because it is really that something that will really be giving out that possible urge for someone to commit such bullshit action just because of money. Speaking about in between friends then it wouldnt really be that consider to be all something like this or for it to happen precisely. It is really just that there would really be those possible instances that could happen and we've seen this one on where there would really be those winnings that been ran off into of someone specially if the amount would be significant.

Relationships would really be that turning out to be broken on the time or moment that money greed would be kicking in.Also, why would really be trying out to make those pooled funds on making betting if you could
really that actually be able to make yourself bet on your own. There's no added fun when you do make out bets in together with other people on which you could be actually be able to enjoy and feel up the
thrill on the time that you are the ones who would really be doing such stuff.
it is undeniable that people will change when they have a lot of money, just like in gambling where someone can change when they win a large amount. and if we bet by combining our money and our friends' money, there will likely be conflict or a sense of selfishness and greed between each other. therefore it is better for us to use our own money to bet, and it is true what you said not to trust someone in terms of money must be considered, even though we trust someone but it must be remembered that someone can change at any time.

when greed arises between the betting parties then gambling is no longer about winning but about the relationship where the relationship is at stake, to prevent this from happening I think we should be able to bet using our own money therefore looking at yourself is important, do not force yourself to bet because there is no guarantee that the results will be positive.
Considering that its really that a part of human nature on which on the time that we are really that having that exposure into tons of money specially on an amount that you havent been able to hold or experience before then greed will really be something that would be coming out into these kind of situations on which further actions will really be basing up on how greedy you would be. Most of people could be able to control that thing but there are individuals who do really ends up on making such step that it isnt really just that right to be done. Spending or getting those funds or money which isnt owned by you then it will really be bringing up that huge trouble if this case happens considering that no one would really be liking on the thing that you would really be doing on which its a normal thing.

Just like on what everyone is really that telling or saying above that its better to bet on your own and its the most entertaining thing and there's no such difference in between into those people who are really
that doing these group bets. It would really be just that according into your own preference and liking but if you dont like on potential trouble then you could skip on this one.
sr. member
Activity: 602
Merit: 260
If the money is small it should be fun, mind you it is all about your friends, people do this to enjoy times with their friends.

Some people will end up been betrayed by one Judas in the group, when money is involved it is possible that you will be betrayed, this is why knowing your friends is important, i won't dare go with this idea if the money is big.

To have some fun money doesn't have to be involved and if it is a must to use money then it should the amount that is much affordable by you and your friends.

That's true going with such idea shows that you are no longer gambling for fun rather you are gambling just to multiply your money , because they will be like when our money is together it will be bigger, so the win will be bigger also . Which is wrong because there's no guarantees you guys are going win just by putting your money together, the best thing to do is to keep using the amount you can afford and do yours alone to avoid any form of issues.
hero member
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It would be very interesting if your friends are like-minded and well informed in that particular sport for instance in soccer betting you intended to gamble on, in soccer bet matches can be collectively analyzed with individual or participants input before picking the final games and if possible accumulate the odds thereafter place the bet, I believe it would be fun doing it after all money earned would be shared equally while if bet is lost everyone would equally share the losses thus I don't think it's a bad idea to  put money together to bet  or gamble, however remember to also gamble on the amount of money you can afford to lose.
I bet on boxing with my friends, although we rarely do it, but we gather a whole community on this occasion since our favorite athlete performs 1-2 times a year and for us it’s a whole event and we all watch the fight together. With football, it’s easier for everyone to bet to your favorite club separately since we are fans of different clubs.
legendary
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It was an interesting idea to be honest, but I really was wondering if it was the right thing to do, remembering one incident that happened last year where two friends put money together in a bet, bet won, amount was really huge, the other stole the ticket ran away and cashed the entire money from a very far place, leaving the other guy with nothing.

What do you guys think, is this concept or idea a good one? Will you accept such request?

I don't really involve myself in such group betting with either friends or family cause basically it's not like it's a bad idea but the fact that I can't trust anyone with money except I personally give such persons that money. So I won't be comfortable doing such group betting on sports I rather do it on my own.

This things happens most times and like they say once bitten twice shy, so with this you wouldn't want to try that with anybody,tho I enjoy the fun of staking money together on bets to win huge amounts an it's really fun  you know seeing everyone in the group trying to target the focus goals but where it becomes hurtful is when there's an existence of a judas among the group members, cause necessarily in such group projects of sorts there's one particular person that will oppose on one aspect or the other so I rather bet on my own.
Trust no one when it comes to money and if you do have a friend who do have that kind of offer about pooling up some funds then it would be better that you should reject or avoid it out.
Although just make it sure that your friend wont get offended on the moment that you do decline or reject out such offer because there are really friends who are really that too sensitive.  Grin

Going back about trusting up no one, then when it comes to money then everyone could really be that greedy.Also, its never been that appealing nor recommended that you
do play up some betting and giving out money into someone specially on online world where you cant be able to do something when shit things happen.

Better to bet on your own and never ever having that kind of entrusting up your funds and make yourself be blinded out by possibility of those
bad situations on which it might lead up into destroying relationships with your friends just because of money. So its better to make out bets on solo mode.
sr. member
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It would be very interesting if your friends are like-minded and well informed in that particular sport for instance in soccer betting you intended to gamble on, in soccer bet matches can be collectively analyzed with individual or participants input before picking the final games and if possible accumulate the odds thereafter place the bet, I believe it would be fun doing it after all money earned would be shared equally while if bet is lost everyone would equally share the losses thus I don't think it's a bad idea to  put money together to bet  or gamble, however remember to also gamble on the amount of money you can afford to lose.
hero member
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It was an interesting idea to be honest, but I really was wondering if it was the right thing to do, remembering one incident that happened last year where two friends put money together in a bet, bet won, amount was really huge, the other stole the ticket ran away and cashed the entire money from a very far place, leaving the other guy with nothing.

What do you guys think, is this concept or idea a good one? Will you accept such request?

I don't really involve myself in such group betting with either friends or family cause basically it's not like it's a bad idea but the fact that I can't trust anyone with money except I personally give such persons that money. So I won't be comfortable doing such group betting on sports I rather do it on my own.

This things happens most times and like they say once bitten twice shy, so with this you wouldn't want to try that with anybody,tho I enjoy the fun of staking money together on bets to win huge amounts an it's really fun  you know seeing everyone in the group trying to target the focus goals but where it becomes hurtful is when there's an existence of a judas among the group members, cause necessarily in such group projects of sorts there's one particular person that will oppose on one aspect or the other so I rather bet on my own.
hero member
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Something to reminds you in terms of valuing your friendship, if it's not that huge it can push as entertaiment but most of the time when the amount of money is huge there's are cases that it tempts a person to turn down the freindship and take the money, it's better to seperately do your gambling and just share the ideas or just comes out with the same pick with seperate or own tickets.

It helps to avoid that temptation to forget your friendship and ruin things because of the amount of money that involves.
We must choose the option of betting separately to avoid problems with our friends, sometimes another case can happen when you lose and your friend will blame you for the reason that you have given a bad betting idea.

Anything can happen without us expecting it beforehand is that he will run away with the gambling winnings or he will blame you if you lose, if you want your friendship to remain good then the right choice is to gamble separately so that all the winnings and losses are not related to others.
hero member
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If the money is small it should be fun, mind you it is all about your friends, people do this to enjoy times with their friends.

Some people will end up been betrayed by one Judas in the group, when money is involved it is possible that you will be betrayed, this is why knowing your friends is important, i won't dare go with this idea if the money is big.

To have some fun money doesn't have to be involved and if it is a must to use money then it should the amount that is much affordable by you and your friends.

Something to reminds you in terms of valuing your friendship, if it's not that huge it can push as entertaiment but most of the time when the amount of money is huge there's are cases that it tempts a person to turn down the freindship and take the money, it's better to seperately do your gambling and just share the ideas or just comes out with the same pick with seperate or own tickets.

It helps to avoid that temptation to forget your friendship and ruin things because of the amount of money that involves.

yes, problems like big money often ruin our friendships or colleagues at work. betting with friends by accepting advice and discussions from them is fun. it's like we're chatting with people with the same hobby. small bets won't affect the fun. but with big money of course it's risky.

although it's fun to bet with friends in a warm chat. but remember we have to limit ourselves in this matter. when you lose with small money, you can still laugh with your friends. but when with big money and you win, it can be something bad for your friends who don't like it.
Making bets alone and separate from others is more comfortable for me.
legendary
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If the money is small it should be fun, mind you it is all about your friends, people do this to enjoy times with their friends.

Some people will end up been betrayed by one Judas in the group, when money is involved it is possible that you will be betrayed, this is why knowing your friends is important, i won't dare go with this idea if the money is big.

To have some fun money doesn't have to be involved and if it is a must to use money then it should the amount that is much affordable by you and your friends.
Yes, sure we can playing gambling with our friend using small money to enjoy the moment. But we must be able to say it is enough to playing gambling for some time and not accept their invitation if they ask us to keep playing gambling. Sometime if we can not hold ourselves from keeping from continuing playing gambling, that can make a little debate with our friends. We can remind them that we only want to enjoy the moment and not for the other reason so we can stop from playing gambling anytime we want and let them continue for playing gambling if they want to do that. Having fun with our friends will be a good time for us because we can feels the happy moment when we win together with them and the sad moment because we lose our money with them.

I agree with your opinion. We can gamble with friends, but we should not bet very large amounts. And we should not bet on irrelevant things. More importantly, gambling should never become an addiction.

When we friends get together we play cards. And there is occasional gambling. We bet but of course it doesn't mean big amount. The amount we spend is the amount we can afford to spend, or the amount we won't incur any major losses. Also, another important thing is that we don't take money home. We give parties or tours with this money. So there is never any quarrel between our friends over gambling. Even if one loses money he is happy. Because we know very well that this money will be spent for our pleasure. This made our friendship stronger.
legendary
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If the money is small it should be fun, mind you it is all about your friends, people do this to enjoy times with their friends.

Some people will end up been betrayed by one Judas in the group, when money is involved it is possible that you will be betrayed, this is why knowing your friends is important, i won't dare go with this idea if the money is big.

To have some fun money doesn't have to be involved and if it is a must to use money then it should the amount that is much affordable by you and your friends.

Something to reminds you in terms of valuing your friendship, if it's not that huge it can push as entertaiment but most of the time when the amount of money is huge there's are cases that it tempts a person to turn down the freindship and take the money, it's better to seperately do your gambling and just share the ideas or just comes out with the same pick with seperate or own tickets.

It helps to avoid that temptation to forget your friendship and ruin things because of the amount of money that involves.
hero member
Activity: 2912
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If the money is small it should be fun, mind you it is all about your friends, people do this to enjoy times with their friends.

Some people will end up been betrayed by one Judas in the group, when money is involved it is possible that you will be betrayed, this is why knowing your friends is important, i won't dare go with this idea if the money is big.

To have some fun money doesn't have to be involved and if it is a must to use money then it should the amount that is much affordable by you and your friends.
Yes, sure we can playing gambling with our friend using small money to enjoy the moment. But we must be able to say it is enough to playing gambling for some time and not accept their invitation if they ask us to keep playing gambling. Sometime if we can not hold ourselves from keeping from continuing playing gambling, that can make a little debate with our friends. We can remind them that we only want to enjoy the moment and not for the other reason so we can stop from playing gambling anytime we want and let them continue for playing gambling if they want to do that. Having fun with our friends will be a good time for us because we can feels the happy moment when we win together with them and the sad moment because we lose our money with them.
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