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Topic: Will you put money together with friends to bet on sports games? - page 10. (Read 1428 times)

hero member
Activity: 2926
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We tried it on small bets on our favorite team, and all went well. It was all for fun, but if it was a serious bet that involved a huge amount of money, then I prefer not to; you are good with your friends if there is a clear understanding of everything you're doing.

We can play cards with small bets and always did well on it. Still, if it involves huge money, I don't want to be involved with this with friends, we have to protect our friendships it's worse if gambling ruins them.
hero member
Activity: 1050
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What do you guys think, is this concept or idea a good one? Will you accept such request?
Their is a lot to consider if it is a good idea or not. Most people became addicted to gambling because of the kind of friends they associated their self to. If it is the kind of friends that always play gambling I don't think it will be a good idea for me to join the group and if the money the that will be use is what that can't be afford to lose I don't think I will want. Joining a group to gamble  is not bad but their are lots of things to consider, if the people will be transparent whenever their is a win.

If one is not sure about the character of the roup members if they are transparent or not I don't think it will be a good idea join such a group.  And if this should be done for me I don't think i think it will be better if it something that will be done once in a while and not necessarily playing all games with group.
legendary
Activity: 2520
Merit: 1218
I am not quite sure that I will 100% put money together with friend, but I will consider doing it. I would really consider doing it if the amount would be not an astronomical. However, if we will be watching sports game together and I see a friend of my placing bets, I would definitely consider also placing my own bet. Then, depends on situation, I would either bet on opposite team, or might think of betting on different result.
hero member
Activity: 1316
Merit: 379
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I will never do it as I have done it before in the past and usually when some people take this route it is asking for trouble.The reason is simple and there is this saying that even 2 people most of the time cannot agree on most topics let alone then when money is involved and more than 2 people have pooled their resources to come out as winners.They may start out good with a nice profit but then when someone will have a different idea only misunderstandings will happen and people risk to lose their friendship on gambling disagreements.I prefer more to keep my friendships and not take part in such pooled resources to increase our profit,it is like playing the lottery and I don't like much lotteries.
We share same reasons and I don't think I'll do that as well,  am a kind of person that loves to maintain good relationship with my friends and I try everything possible to avoid situations that would lead to issues between I and my friends, cause I've got zero telorance for troubles so i avoid it at all cost. I've seen where situations like this, that involves money generate strong enmity among friends and sometimes It even leads to death threats and violent acts especially when the money involved is very attractive. There's a saying that money is the root of all evil but to me I think it's the heart of man that's the root of all evil, cause according to that incident they could've shared the money equally but one of them developed greed and decided to flee with everything, that alone could cause a serious enmity among both friends. However, instead of combining money to bet with friends, I'll rather seek their opinions concerning betting on several sports games and bet on it with my own money.
legendary
Activity: 3276
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If I am playing for fun ok I can share my idea with any friend. Its really fun place bet and watch the match..
But if I am looking to win or have a profit I didnt care to find "an agreement" or mix my bets with other people. I am just rely on my experience...
legendary
Activity: 2072
Merit: 4265
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We know that putting resources together to gamble might lead to a big win but it could also lead to confusion and even conflict. I remember a case of a spouse that won big in gambling and the lady divorced the man immediately because she wanted to take the win alone. It was later agreed that the win should be shared equally but she insisted that it was her money while the man claimed that it was his idea and he always wanted to pay back the money used for the lottery as agreed. I gave this example because these people are assumed to be in love with each other, yet money has made them enemies. People can change because of money.



It's safe to say that this couple would have divorced sooner or later anyway, since money was considered at the head of the family. I always assumed that a family is a whole, where the budget consists of the contributions of the wife and husband.
However, the OP's suggestion makes sense to me if all friends chip in an even amount, so there is no disagreement when they win. Spending time with a group to watch matches together is particularly enjoyable. If financial gain is also driving the viewing, the fans' enthusiasm can provide significant emotional comfort.
legendary
Activity: 3318
Merit: 1247
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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?

I will never do it as I have done it before in the past and usually when some people take this route it is asking for trouble.The reason is simple and there is this saying that even 2 people most of the time cannot agree on most topics let alone then when money is involved and more than 2 people have pooled their resources to come out as winners.They may start out good with a nice profit but then when someone will have a different idea only misunderstandings will happen and people risk to lose their friendship on gambling disagreements.I prefer more to keep my friendships and not take part in such pooled resources to increase our profit,it is like playing the lottery and I don't like much lotteries.
copper member
Activity: 2940
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As always, you can approach this with knowing the pros and cons. What I think about this are the following
  • Gives you shared risk
  • Larger Pool of money
  • It's Fun

These are the things that I could think of in terms of the Pros. It's sharing risk, so it doesn't much give you exposure compared to having just your own money. The increased pot will give you bigger winnings, which might work out. Entertainment would be enjoyable because you can watch with friends.

It's kinda problematic if you were to do it, there might be conflicts between friends. It might be a different approach for you.
hero member
Activity: 714
Merit: 1298
Will you accept such request?

It is not a big deal for me. I trust my four best friends thus I would bet on any sport event we all agreed  bet on conjointly. I tend  to  think that having a few clever heads to choose sport game for yet another betting is better than doing the same by  yourself. Sure this evolves the high-pitched arguments some times but  it works very well at the bottom line.
sr. member
Activity: 588
Merit: 338
I'm interested to hear what goes on in the meeting when they lose a game and whether they will blame who decides which team they put their money on. It could be a reason why friendship won't last. Money is always going to be the reason for it all.

Knowing that you are into the sport, your advice will be taken seriously by your group which they may rely on you. You make them rich and your bond will be stronger but if you make them poor, bond may not last.
I'm hearing of this group betting for the first time and it sounds interesting and fun to do with friends but in reality I don't think that it's a good idea for money to come between friends. I reason with your thoughts about what happens if the bet is lost, would it be business as usual or will there be blames among them because loses are not something to celebrate. I believe that friends can have a contract to save and invest but not to gamble, gambling is based on luck and it should be on personal decisions, not groups and associations.

Besides you don't need too much money to gamble that will necessitate joining money with others, it's best to gamble personally with the amount that you can afford to loose.
member
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What do you guys think, is this concept or idea a good one? Will you accept such request?
I think if you're going to do that, you and your friend should understand each other and not be suspicious of each other, because when talking about money I think it's a sensitive thing no matter how small it is, you have to be really careful,
hero member
Activity: 1190
Merit: 803
It's a big no for me.

It would make my friends think I'm rich, instead of getting entertained, they would ask for loan and if I didn't give it, they will call me stingy or bad person.

If I gamble with strangers or in online, there will be no hard feeling and people will be fair instead of using the name of "friends" in order to taking some advantages. I just don't want to trap in drama, there's no benefit and it would harm the relationship.
full member
Activity: 2520
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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 😁.
Having friends that enjoy the same sports as you do is a dream come true! Sports bond people and I get to watch my favorite sports with my friends because they all genuinely enjoy it too. We even bet among ourselves sometimes.
Quote
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?
Why not? It seems a fun thing to do. But if you’re worried about being left behind with nothing, then make a contract. Though that would definitely take out some of the fun. I’d suggest to only do this with your closest and trusted friends to avoid such things.
hero member
Activity: 553
Merit: 509

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

I think that such an activity does not make sense at all. Why should you throw money off with someone in one bet, if you can do it yourself at any bookmaker's office. Most likely, putting money in the same bank with other people for the same bet is some kind of adventure, and most likely the initiator of such an initiative wants to pocket the money of others.
For example, he will not bet all the money, and when they are lost, he will take for himself what he did not report to the general bank. I think this scheme works like this.
legendary
Activity: 2814
Merit: 1112
Leading Crypto Sports Betting & Casino Platform
What do you guys think, is this concept or idea a good one? Will you accept such request?
This method can make friendships stronger, but also vice versa if there is one of the people on that group who cannot be trusted and goes away with money either to be used for betting or winnings if the money is collected in good amounts because money can make people change.

However, if I am invited to place a bet with a friend, I will choose to refuse it, and I have reasons
firstly you have to agree on the betting choice and in my opinion this is quite difficult to agree on because every bettor has a different view.
Secondly, you can bet with a very small amount, even less than $ 1, so we will not experience problems regarding the money we can bet because living in any country, $1 is small in value and all gamblers can certainly afford to lose that value.
Lastly betting with friends does not increase the chances of winning and also increases the profits obtained because the exact distribution is based on the money we bet, so you won't get the same profit share if you only bet $10 with those who bet $50.
legendary
Activity: 2576
Merit: 1860
Most of the time, combined bets are useless. I mean, how is a bet using my money and my friends' money combined together better than a bet using my money alone? There's fun in there though, especially if you're doing this with friends, but other than that I can't see any.

If you're thinking of reaching a certain VIP level, it's not that interesting either. It's not as if each of your accounts would reach VIP. It's only the account of that who places the bet.

As a matter of fact, it could even be disadvantageous. Boosting your odds, for example, a feature offered in certain betting platforms, is better when a bet is small. The bigger the bet, the smaller the boost. In which case, betting alone is better than betting using combined funds.

In fairness, however, I'm also doing this with cockfighting at least. Combined money means you won't be drained fast if you're unlucky.
hero member
Activity: 2814
Merit: 734
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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?
If the amount that you are being asked to put forward is on the low side, I do not see why you should not do this, as it is a fun way to bet and have some fun with your friends.

However things are completely different if the amount of money that you bet is high for your standards, because on that case even if you trust your friends, if the prize money you win is very high, this could tempt one of them to try to steal it and this could ruin your friendship.
legendary
Activity: 2744
Merit: 1878
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-snip-
Depends indeed with who are you gonna share your bets with. Indeed there are people with negative intentions and to add, behavior towards gambling. Greed and regrets would be evident to some people who gambles.
Some people will not show any greed at first, like ordinary friends we know.
But they will change when they see the victory that is already in front of them with quite a lot of winning results.

Money will change anyone, no matter if it's a friend or close family because one's greed arises out of the desire to have it all.

I myself would not join anyone to bet, I would rather bet alone without joining others.
Because when I win I will get everything and when I lose I will also bear it.
Rather than having to have a conflict with a person who was initially fine, but because gambling became tenuous.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
No, I'd rather do it myself.

I am against doing this kind of method because of the lack of trust encircling the gambling community. What you said will happen. It may not be in the first few bets because they will try to make it more attractive to those who will join but somewhere in the future there will be one or two who will try to escape with it especially if the pot grows so high that it will not be easy to let it go/share it.

This is gambling, we cannot trust another gambler when it comes to money. I had my share of stories too in the chatbox where gamblers are entrusted with the money for a roll hunt and trivia prizes and they are gone after a few rounds of the game.
hero member
Activity: 2086
Merit: 553
Leading Crypto Sports Betting & Casino Platform
Will you put money together with friends to bet on sports games?
Honestly, I'm not into it, I won't do it, and I'm not interested in this kind of idea.

Reason:
This will involve several risks:
- Personal relationships later if the results do not match expectations
- There will be a debate on betting decisions
- I am not free to act according to what I think and want.

Yes, in essence, this is about money, so it would be very risky if we collaborated. I would be better off doing it myself because I am in charge and I have the right to regulate myself regarding what is taken for betting,
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