I don't think I would do such a thing, to be honest.
I am the kind of person who like to separate money from friendship and I am pretty aware on how money and it's influence (called greed) can easily destroy families, friendships and marriages.
If I was in a place in which my bad luck made me lose money, I would be okey all that loss being only mine. In the same way, if I was in a position in which I was very lucky and could cash out some good win from a casino, then I would be pretty comfortable from all that money being for myself.
It could sound as it was selfishness but, in my eyes is about being responsible and not to mix up things which are never supposed to be mixed up in the first place.
Topic: Will you put money together with friends to bet on sports games? - page 11. (Read 1428 times)
If it is with big amounts, it's best to have written consent and contract so that you are protected.
You cannot deal with your friends and say that it is for fun. Heck no, that's my money and I want guaranteed letter that I'll get my money back if it's able to win.
Because what if that guy continues to bet as if he's got the free will to do it because he'll justify that he got your consent for agreeing with this kind of bet?
You cannot deal with your friends and say that it is for fun. Heck no, that's my money and I want guaranteed letter that I'll get my money back if it's able to win.
Because what if that guy continues to bet as if he's got the free will to do it because he'll justify that he got your consent for agreeing with this kind of bet?
Might consider I guess but won't be doing it on the usual. Maybe if we are together by the time we would be doing pool betting, I think it would be fine for added fun and entertainment. The reason why I think it won't be a good practice is because of differences with decision making and risk appetite. Imagine doing it regularly, and there will be times you will be having different teams or player to bet, who would you be betting on? Who's gonna be doing the decision with bets? Also, there could be instances blaming whenever there is a contrast with bets, is present. But this is not to conclude; pool bettong works for other people and they are enjoying the experience. However, personally, when money is involved, I prefer having my own actions towards the money and the bets I would be making.
Well for reasons I think that's not actually a good idea because with money come so many problems and especially when it has to do with gambling. I think it's probably best to make your own selection and let it work for you. The reason why I say this is because some the whole intentions might be pure and legit but once their is winnings or money involved then people starts showing off their ill characters.
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. 
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?
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?
Depends, how many are in the group? Do you know all of them or just your friend? But as far as experience goes, we haven't had issues as everyone in our group is very close, I mean we are all blood relatives. So what we do is that my brother in law is good as horse racing and he has some "source" inside during that time. And when he will get a tip, he will ask us to put some money along the way and we will bet and obviously share the winnings.
But if I don't know the person in the group, I would rather stay away from it, trust issues,
Well for reasons I think that's not actually a good idea because with money come so many problems and especially when it has to do with gambling. I think it's probably best to make your own selection and let it work for you. The reason why I say this is because some the whole intentions might be pure and legit but once their is winnings or money involved then people starts showing off their ill characters.
human being have a different character So there's some certain people that do make money and gambling or anyway they will still have no problem with anybody about there some people who will not cherish some persons but I know that money intoxicate people and that is why we do say that we should not allow money to control us, from my own understanding money has a power and the since money have power whoever that has it must to definitely change in character that is why they said anyone who have money is noticeable and you cannot hide it. 
A pool betting sounds fun until the treasurer starts to get out of sight. You know what I mean with that? when you guys have won such tremendous amount and that guy who holds your account and money became greedy, expect nothing in return. It's hard to trust friends and relatives about money and that's why if I'd join one because they're pushing me to this, I'd just put a max of $10 - win or lose then it won't be painful to me.
I'm just trying to get that idea in the past when we've done almost the same thing with a group of friends. We're close, we're fun and bonded to each other until money have divided that and until now we're no longer in communication. Money has already destroyed a lot of relationships so if you love them, you just pass on that and wish them luck.
I'm just trying to get that idea in the past when we've done almost the same thing with a group of friends. We're close, we're fun and bonded to each other until money have divided that and until now we're no longer in communication. Money has already destroyed a lot of relationships so if you love them, you just pass on that and wish them luck.
As you won't know the real character of the person up until they do something when they hold large funds, better bet on your own. Unless, you are indeed friends with them and no matter what happens, you can accept it. Otherwise, less stress if you place your own bet. Win or lose, it is your money and decision to do so.
A pool betting sounds fun until the treasurer starts to get out of sight. You know what I mean with that? when you guys have won such tremendous amount and that guy who holds your account and money became greedy, expect nothing in return. It's hard to trust friends and relatives about money and that's why if I'd join one because they're pushing me to this, I'd just put a max of $10 - win or lose then it won't be painful to me.
I'm just trying to get that idea in the past when we've done almost the same thing with a group of friends. We're close, we're fun and bonded to each other until money have divided that and until now we're no longer in communication. Money has already destroyed a lot of relationships so if you love them, you just pass on that and wish them luck.
I'm just trying to get that idea in the past when we've done almost the same thing with a group of friends. We're close, we're fun and bonded to each other until money have divided that and until now we're no longer in communication. Money has already destroyed a lot of relationships so if you love them, you just pass on that and wish them luck.
As you won't know the real character of the person up until they do something when they hold large funds, better bet on your own. Unless, you are indeed friends with them and no matter what happens, you can accept it. Otherwise, less stress if you place your own bet. Win or lose, it is your money and decision to do so.
Another thing, it may be a good idea to have fun with your friends, but much better if you can only share with the pot using your spare money. So whatever happens, it won't hurt your pocket nor your relationship with them.
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.
Rather than joining a group betting it is better you make your betting decisions on your own and take your money to bet and then being contented with whatever amount you are able to win from it. That will give you better peace of mind than trying to bet with a group because you can never be sure of the intentions of others in group who have key positions. Even if it is l a group of family members , you still have to be careful of that kind of group.
A pool betting sounds fun until the treasurer starts to get out of sight. You know what I mean with that? when you guys have won such tremendous amount and that guy who holds your account and money became greedy, expect nothing in return. It's hard to trust friends and relatives about money and that's why if I'd join one because they're pushing me to this, I'd just put a max of $10 - win or lose then it won't be painful to me.
I'm just trying to get that idea in the past when we've done almost the same thing with a group of friends. We're close, we're fun and bonded to each other until money have divided that and until now we're no longer in communication. Money has already destroyed a lot of relationships so if you love them, you just pass on that and wish them luck.
I'm just trying to get that idea in the past when we've done almost the same thing with a group of friends. We're close, we're fun and bonded to each other until money have divided that and until now we're no longer in communication. Money has already destroyed a lot of relationships so if you love them, you just pass on that and wish them luck.
Seems to be more like a cooperative business initiative than gambling for with the lucky insights to win as we may be practicing here.
So typically you are bargaining specifically to make profits
Apparently it does not seem advisable to undergo because such alliance to bet with such motive could be unfortunate because the game can not b guaranteed a 100% assurance to win.
And therein, someone among you all based on how you picked the prediction has to be blamed when the game fails to play as predicted.
So OP, ask yourself that... Who will that be to be blamed?
This is just assumed as trusted others predictions than yours if you must accept the proposal because you can always place the bet by yourself and Chases the same profit goal.
So typically you are bargaining specifically to make profits
Apparently it does not seem advisable to undergo because such alliance to bet with such motive could be unfortunate because the game can not b guaranteed a 100% assurance to win.
And therein, someone among you all based on how you picked the prediction has to be blamed when the game fails to play as predicted.
So OP, ask yourself that... Who will that be to be blamed?
This is just assumed as trusted others predictions than yours if you must accept the proposal because you can always place the bet by yourself and Chases the same profit goal.
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.
I don't think this concept of gambling is totally bad. Gambling with friends is funny and exciting, you just have to choose carefully who is the friend you are going to place bets together. Make sure to stay by the side of trustful people who you know will honor their word, so you won't face the same situation the person of the story you mentioned above did. If you are uncertain about someone's honesty, then just avoid engaging in gambling deals with them.The problem is that gamblers are so impulsive that they don't measure who they are going to deal with. So they end gambling together with untrustworthy people they couldn't even call friends, but acquaintances. If they took this security measure, I think stories like the one you mentioned would happen less often.
Well for reasons I think that's not actually a good idea because with money come so many problems and especially when it has to do with gambling. I think it's probably best to make your own selection and let it work for you. The reason why I say this is because some the whole intentions might be pure and legit but once their is winnings or money involved then people starts showing off their ill characters.
Actually I have tried it before and it goes peacefully as me and my friend brought equal amount of money before staking with them. The only way that misunderstanding will occur on such a case if when the both parties are not bringing equal amount of money it will be hard for the both of them to share the funds, mostly when they don't understand each other's. Money is not a thing that most people play with, so they do the undo able and their true character shows just like you said. Not every friends can gamble together without have a problem. 
Well for reasons I think that's not actually a good idea because with money come so many problems and especially when it has to do with gambling. I think it's probably best to make your own selection and let it work for you. The reason why I say this is because some the whole intentions might be pure and legit but once their is winnings or money involved then people starts showing off their ill characters.
Is pooling money for shared bets like the pools on Bitcointalk? Is it the same mechanism where there is a person who acts as a trusted person holding the money?
This is not a bad idea if your close friends who have been known for a long time will not cheat, especially if you tell them that there are cases of stealing tickets and cashing in elsewhere then you have to be careful with this and it is possible that collecting money and betting can be a case of previous cases, of course you don't expect that.
I don't do that, I'd rather bet alone than involve other people... it's better to be alone because this will be swallowed by yourself if you lose a lot.
This is not a bad idea if your close friends who have been known for a long time will not cheat, especially if you tell them that there are cases of stealing tickets and cashing in elsewhere then you have to be careful with this and it is possible that collecting money and betting can be a case of previous cases, of course you don't expect that.
I don't do that, I'd rather bet alone than involve other people... it's better to be alone because this will be swallowed by yourself if you lose a lot.
It sounds to me like this would be inviting trouble. There are plenty of ways that this could go bad for you, but there isn’t really any upside. It might be fun to be a part of a group and the social aspect that comes with it, but you could also have that without intermingling your bets. That just seems like unnecessary risk to me.
Very unnecessary... What's the sense in merging up to wager on a single game? Well, I get it that they really wanna try out everyone's prediction at the same time, just to see if it cuts - maybe also trying to fulfill the quote that "two heads are better than one"? Lol..Op, all you've been doing with your folks is nothing but arguing about the reality of sport betting; most times, some of the predictions that you can even offer to bet with your life doesn't cut it, isn't that enough for you to understand that the odds are way too much on this? Cause its either y'all lose or someone absconds with the winning. I mean, how did someone even feel comfortable coming up with such an idea?
I would not accept such idea because it does not make it look real to me. Who will predict the results and who will share the money. It is something anyone can take advantage of the other in the name of trust.
I only see group of greedy friends that want to win big with just little amount of money. I prefer to place my bet alone with my funds so that whatever the outcome of the game is, I will accept it alone. However, if there is trust and love between these set of friends they can go ahead to put their funds together in other to make their bet bigger.
I only see group of greedy friends that want to win big with just little amount of money. I prefer to place my bet alone with my funds so that whatever the outcome of the game is, I will accept it alone. However, if there is trust and love between these set of friends they can go ahead to put their funds together in other to make their bet bigger.
What do you guys think, is this concept or idea a good one? Will you accept such request?
It was indeed an interesting idea but as much fun as it is, I would rather bet by myself avoiding possible future troubles. I have seen several cases like this when friendship got broken because of someone breaking the rules and running with the won money.
So whenever someone asks me about joining a betting venture like this, I always decline the offer for the said reason. Aside from fun, there is no benefits will come from this engagement. Friendship will be kept even if we do not join the group betting, while when one friend is tempted to defraud everyone, a friendship can collapse.
At the end I prefer betting by myself since I can have all the freedom to choose which odds I will bet and at the same time, my gambling activity will be kept private since other people won't know what my gambling activities are.
What do you guys think, is this concept or idea a good one? Will you accept such request?
Why would i join a betting group when i can use the same money i have to bet on my own self and win my money, i don't like taking things under a collective efforts or collaborations, though we may still find out that some gamblers will be interested in something like this, but i don't think making a joint gambling bet will be ok or good for me to take, i gamble alone and take the consequence alone as well.
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?
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?
Instead of doing it as a group like that, I think it would be better to do it alone. Because anyway, if you do it alone and you bet a large amount, then you will also get a large profit as well and the winnings are immediate. But, if you want to try to do it in a group like you discussed with your friends, then it would also be nice to use escrow. Because when it comes to money especially big money, then it does not look at friends because they can betray. Therefore, try to do your best and stay careful, because money can ruin friendships and also ruin everything if it is wrong in managing it.
So whose account is the bet going to be made from? Sometimes some fun isn't worth trying out. Wait until you guys play and luckily win a huge bet and someone chooses to run away with the money and what starts as fun turns into chaos.
If you want to share ideas together on which bet to place, that's very good and can help you analyze the bet the right way but with regards to joining funds together, I don't subscribe to it at all. What happens to playing with what you're convenient with and what you can afford to put into your bet? If you want your friendship to continue, it's best you don't allow money to come into the equation at all. When money is involved, friends can turn to a very strong enemy. Be wise.
One of the main risks or problems on which this kind of thing will really be that possibly be happening is on the moment that there would really be that huge win then it would really be that having that instances that If you want to share ideas together on which bet to place, that's very good and can help you analyze the bet the right way but with regards to joining funds together, I don't subscribe to it at all. What happens to playing with what you're convenient with and what you can afford to put into your bet? If you want your friendship to continue, it's best you don't allow money to come into the equation at all. When money is involved, friends can turn to a very strong enemy. Be wise.
they are running away with those funds and just like on what other people that commonly saying on here is that on the moment that you would be able to know on what happened then what you would gonna do?
Pretty sure that someone had already spent up those funds or money that have won and this is something that wont really be that good. I would really be playing on my own and with my own funds. and with that
on which you wont really be having those doubts and having those worrying on the moment that you would won.
Also, if you are really just that betting for the sake of fun and entertainment then you wont really be needing someone for you to make bet. If ever you would win up
then you could 100% withdraw those funds without any issues or trying out to depend on someone whether asking for those winning part. lol
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