What do you guys think, is this concept or idea a good one? Will you accept such request?
The concept doesn’t look cool to me because everyone can just register on a gambling site and decide to place their bet. All that should be done is for them to drop their predictions on the group, and anyone that chooses can just decide to place a bet on it, and if they win, then the person is lucky. It’s not only in gambling, I don’t like contributing money together to run a particular activity, and after making profits, it’s going to be shared. Things like this do not go well, I have heard about people killing themselves just because of things like this. 
Topic: Will you put money together with friends to bet on sports games? - page 7. (Read 1428 times)
June 29, 2024, 04:42:38 PM
June 29, 2024, 04:30:30 PM
I mean, what's the benefit?
Let's say we want to bet on Uruguay vs Bolivia, the odds for Uruguay @1.20, draw @7.00 and Bolivia @13.00.
If I bet in sportsbook, that's the odds, but if I bet with friends and the odds is same, I will not bet with my friends because it just make things become complicated. If it turns become all or nothing (winner takes all), I would bet with my friends and choose Uruguay since I got a benefit.
Let's say we want to bet on Uruguay vs Bolivia, the odds for Uruguay @1.20, draw @7.00 and Bolivia @13.00.
If I bet in sportsbook, that's the odds, but if I bet with friends and the odds is same, I will not bet with my friends because it just make things become complicated. If it turns become all or nothing (winner takes all), I would bet with my friends and choose Uruguay since I got a benefit.
So true. Besides this , what if there are multiple opinions regarding one game ? this will create dispute between the friends and actually will be even harder to place bets so that's why I prefer to gamble with my friends but each of us will actually place his own bets based on their own opinions because in this way no one will actually be sad ( besides the one who will lost ).
June 29, 2024, 04:24:26 PM
~Snip
This is just the last thing that I will be doing. Why do we have to gather money to gamble and share the profits at the end? We all can just decide to gamble on our own, and if we win, we don’t have to share any amount of money with anyone. Gathering money and gambling don’t always end well, and things like this always end up in a fight because, when it comes to money, nobody should be trusted. Some people are going to be claiming smartness, and maybe after winning, they will start giving excuses and they won’t want to release money to be shared.Sometimes gambling in this way can lead to unnecessary arguments and recriminations, so it's best to avoid it. I don't like doing it, so I tend to avoid it rather than get into a lot of unnecessary trouble.
Gambling with one's own money is much safer than gambling together by collecting a certain amount of money, but some gamblers may apply this scheme in their gambling activities for their own purposes.
June 29, 2024, 04:10:24 PM
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.
This is just the last thing that I will be doing. Why do we have to gather money to gamble and share the profits at the end? We all can just decide to gamble on our own, and if we win, we don’t have to share any amount of money with anyone. Gathering money and gambling don’t always end well, and things like this always end up in a fight because, when it comes to money, nobody should be trusted. Some people are going to be claiming smartness, and maybe after winning, they will start giving excuses and they won’t want to release money to be shared. I would not be inclined to participate in a collection of funds for the purposes of gambling and profit sharing. Why divide our spoils with others when we can revel in the rewards of our individual luck at the gambling table without obligation? The end of collecting money to gamble usually does not bode well: it leads to bitter arguments. Trust is always a question when money comes into play, even those who nod their heads in agreement to split the take might conveniently forget or fabricate reasons after they have won, reducing it to a solo venture. It’s prudent then that we walk alone down this gambling path, let conflicts not tarnish these ill-gotten gains, if fate allows us any.
June 29, 2024, 03:54:56 PM
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.
This is just the last thing that I will be doing. Why do we have to gather money to gamble and share the profits at the end? We all can just decide to gamble on our own, and if we win, we don’t have to share any amount of money with anyone. Gathering money and gambling don’t always end well, and things like this always end up in a fight because, when it comes to money, nobody should be trusted. Some people are going to be claiming smartness, and maybe after winning, they will start giving excuses and they won’t want to release money to be shared. 
June 29, 2024, 03:45:11 PM
I never thought of anything like this, betting in a group can trigger a series of problems if a bet goes wrong or someone in the group doesn't honor the bet.
In this case, who will be responsible for the tickets? What if this person in charge takes the entire prize for himself, just as he did as you reported, if the bet is positive and only he has access to the account?
Betting sites let you bet for less than $1, if you want to win more, you can bet more and as much as you want, being an individual, if you lose in a bet, you don't satisfy anyone, unlike group bets.
I think that betting in a group is the same thing as investing in a group, the chances of it not working out are greater than the chances of it working out.
Yes, there are tons of potential problems could exist on this kind of set up.In this case, who will be responsible for the tickets? What if this person in charge takes the entire prize for himself, just as he did as you reported, if the bet is positive and only he has access to the account?
Betting sites let you bet for less than $1, if you want to win more, you can bet more and as much as you want, being an individual, if you lose in a bet, you don't satisfy anyone, unlike group bets.
I think that betting in a group is the same thing as investing in a group, the chances of it not working out are greater than the chances of it working out.
1. Ran away the winnings
2. Didnt able to make a bet or missed out
3. Possible arguments which causes up that having no division of winnings
4. Wont really be that transparent as much as possible
This is why it would really be wise that you should really be going solo flight rather than on having those kind of betting together with friends. Somehow if the amount involved
isnt really just that too big and its something that you could ignore on the moment that problem might exist then go ahead and bet together with them, but if you
are someone whose really that trying out to avoid something then better do it on your own and save up yourself from possible hassles.
June 29, 2024, 03:32:16 PM
I never thought of anything like this, betting in a group can trigger a series of problems if a bet goes wrong or someone in the group doesn't honor the bet.
In this case, who will be responsible for the tickets? What if this person in charge takes the entire prize for himself, just as he did as you reported, if the bet is positive and only he has access to the account?
Betting sites let you bet for less than $1, if you want to win more, you can bet more and as much as you want, being an individual, if you lose in a bet, you don't satisfy anyone, unlike group bets.
I think that betting in a group is the same thing as investing in a group, the chances of it not working out are greater than the chances of it working out.
In this case, who will be responsible for the tickets? What if this person in charge takes the entire prize for himself, just as he did as you reported, if the bet is positive and only he has access to the account?
Betting sites let you bet for less than $1, if you want to win more, you can bet more and as much as you want, being an individual, if you lose in a bet, you don't satisfy anyone, unlike group bets.
I think that betting in a group is the same thing as investing in a group, the chances of it not working out are greater than the chances of it working out.
June 29, 2024, 03:26:09 PM
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?
I think it’s possible to do this just for variety. I believe that a person can easily choose whether he wants to place a group bet or not. There is nothing bad about this, but if you are not confident in people or don’t know them at all, then it really may be that you won’t see your money again. Therefore, you need to do everything smartly so that later you don’t read about yourself as the guy who didn’t get the money
June 29, 2024, 02:26:36 PM
Group betting is actually a very risky one or me because you can never be sure of the credibility of a person especially when it has to do with money, some persons can be very greedy at some points and you wouldn't believe how greedy and dubious one can turn to be once money is involved until it happens that they have finally show their attitude when the bulk money is in their possession to keep. some may eve run away with the contributed funds which you people were meant to use to fund the wallet and bet with if it turns out the stake is such a huge one and they know that the certainty in gambling especially in that game on which they want to bet is really small. Personally, i wouldn't want to engage in such because of the risk involved for me is just such that i cannot work with but if its with a my family which i have a great level of trust for, i will definitely look for a way to see that we carry it out in a way no one is goin to do away with the money when it comes.
If you are not sure of the credibility of those you call friends, then you shouldn't bother entangling yourself with a group bet. The essence pooling money together to place a bet is to make sure a single individual does not place a single bet with very large sum of money he cannot afford to lose. This is not entirely a bad idea but, are the other gamblers be trusted? Any gambler who has trust issues or feels that there is something fishy about the other gamblers in the group should not bother joining such a group betting, at least you will be able to save yourself the stress of suspecting the others and also be able to retain your friendship with your friends. This is something I can do with my close friends for fun. I will not be putting money together if I'll be dealing with strangers or those I have very little connection with.
June 29, 2024, 02:16:26 PM
Sure why not, but I will just bet small amount and I will make sure that I’m betting with my real friends or else I might get fooled. It’s fun to bet with your friends actually and if you are watching the games live with your friends, that can make more fun cheering for the same team. Some may not prefer this due to privacy or they just simply don’t want their friends to know that they are into gambling as well.
The thing is, we really need to know our real friends if we want to do a thing like this, there are some friends that will always want to cheat the other friend mostly when the money is big. Some folks always want the lion shares when they are not the real person that worked hard to achieve the pay. However I am trying to say that some friend will want to take the bigger pay when they are not the person that brings big money to play the game. Although it's fun to gamble with your friends. 
June 29, 2024, 01:43:20 PM
Sure why not, but I will just bet small amount and I will make sure that I’m betting with my real friends or else I might get fooled. It’s fun to bet with your friends actually and if you are watching the games live with your friends, that can make more fun cheering for the same team. Some may not prefer this due to privacy or they just simply don’t want their friends to know that they are into gambling as well.
June 29, 2024, 11:53:58 AM
Its not a bad idea at all, depends on the persons involved. I've many friends into gambling, but not all of them have the integrity for me to engage into such with them. I've actually merged funds with some hommies in the past, won and split find without any issue. Some dudes got integrity and don't do such things like running away with brotherhood funds. It can get someone killed you know.
The way we do it back then is that everybody would bring two odds and #5k, we combine together, play and split funds when it greens, we split funds. We do it every weekend back then and win most of the time.
The way we do it back then is that everybody would bring two odds and #5k, we combine together, play and split funds when it greens, we split funds. We do it every weekend back then and win most of the time.
June 29, 2024, 11:07:34 AM
What do you guys think, is this concept or idea a good one? Will you accept such request?
It’s good to do this when betting physically since you are together which means the chance of other party to runaway the money is very low and you can enjoy watching the game at the same time.
But doing this online like you are just sending money on a single person account just to placed a bet might result to conflict once the friend who made the bet decided to not honor all the bets made runaway the money.
You will just add inconvenience on betting if you will just involved friends on your bets since you can do this by yourself and watch the game together with friends at the same time.
June 29, 2024, 11:03:25 AM
betting together with your friends may sound like a good and fun idea, but for me personally it is a bad idea, that's because money can change a person. imagine when you win the bet, but when your friend claims/withdraws the money, suddenly your friend only shares a little with you or when you share your friend's share, suddenly he becomes jealous because he feels that he is the one who contributed the most in the bet. that, and many other problems. this is the reason why i am not very interested in betting together because it could be a problem if one of the parties feels that the distribution of betting results is unfair.
Not sure about cumulative bets but I know that betting against each other can be bad sometimes. If one person wins, other friends may develop hatred and hate for him. Besides, it is a small thing to win in betting. One can also risk life because the person who loses a large amount is also likely to become the enemy of his life.I have seen friends become enemies when many friends sit together and one friend wins then all others turn against him and I have even seen people kill others for money. They also kill and make excuses. When you lose while sitting and someone else wins, then you will not feel fear even taking his life because it is a fact that money is dearer to people than their own lives. So, it's better if a person gambles alone, and if they do it with friends, they need to know that their friends are not going to get extreme with it.
June 27, 2024, 04:56:45 PM
I like to do this with investing but not with gambling. In investing, the risk will be distributed although there's also risk in gambling but it's so different for me.
I think that the concern of many are valid about they don't want to trust their money to their friends. It's not actually about trusting it but it's about letting their money join their friends money.
If you want to sportsbet, we're free to do that without having to interact to any of them. The fun is still there and you don't have to bring a source of potential hatred or ruckus that might come from them.
I think that the concern of many are valid about they don't want to trust their money to their friends. It's not actually about trusting it but it's about letting their money join their friends money.
If you want to sportsbet, we're free to do that without having to interact to any of them. The fun is still there and you don't have to bring a source of potential hatred or ruckus that might come from them.
hero member
Activity: 854
Merit: 554
Leading Crypto Sports Betting & Casino Platform
June 27, 2024, 04:45:13 PM
I will not join in group gambling that requires me to add my own money with other gamblers and stake in one game. The disadvantage is that you guys may not even have the same prediction in mind. If you are predicting away to win, the other person may have a different prediction, and if, at the end of the game, you guys lose the bet, while one of your friends didn't agree to the prediction, he will be angry. Well, no matter how small my bankroll balance is, I will rather stake in my own predicted games by myself and not with a combination of money from other gamblers who happen to be my friends.
June 27, 2024, 01:16:52 PM
-snip-
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?
To be frank with you, it is a bad idea for me, why not use my portion to bet based on the experience I have just like before and win or lose depending on the outcome? Why involve other parties when the money to be won will still be the same? Unless I am a novice in the world of football betting, I will not do such a thing. You can imagine the incident you cited, which is about two people, what could happen if it is now involving multiple people? This is unless they are so sure of the integrity of the person who will hold the ticket because no matter how many you are, it is only one ticket they will still issue to you.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?
Gambling involving multiple parties is even confusing at times because some might go for one option and the other goes for another, and if the division was later resolved and an option was opted for which later happens to be the reason why the ticket was cut, the other parties in support of another option will not take it likely and blame it solely on the other party. This often happens with blames shifting unless all agree completely on the same options which is not always so.
June 27, 2024, 10:19:38 AM
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?
In my personal opinion, it is a less interesting idea because safe betting is betting individually, even though the results, whether we win or lose, we ourselves feel the risk and if we lose a lot or a little money, we are ready to accept the risk too.
Because whether it is good or not depends on ourselves, we are free to choose which bets are in accordance with our criteria and the amount of the bet will also be adjusted to the budget in our own pockets.
However, if there is gambling in groups with joint contributions, I think there will be a difference in perception or choice, because each gambler's choice has their own criteria and in it there is definitely a compulsion to follow the type of choice in gambling and this is very unattractive to me.
June 27, 2024, 10:16:59 AM
Gambling is an uncertain prospect and where you involve your friend it becomes a risky affair. Especially in gambling I do not involve my close relatives because in this case if after involving relatives I face huge loss in gambling then my close relatives especially my friends can blame me. That's why I never involve my friend to engage in gambling including investing in bitcoins.
For example, suppose I bet $100 on a bet where my friend shared fifty dollars and I shared fifty dollars. At the end of the bet, if my friend and I lose the bet, my friend may file a complaint against me and face the situation of refunding my friend, so I will never involve my friend in this risky activity.
For example, suppose I bet $100 on a bet where my friend shared fifty dollars and I shared fifty dollars. At the end of the bet, if my friend and I lose the bet, my friend may file a complaint against me and face the situation of refunding my friend, so I will never involve my friend in this risky activity.
June 27, 2024, 10:15:35 AM
Group betting is actually a very risky one or me because you can never be sure of the credibility of a person especially when it has to do with money, some persons can be very greedy at some points and you wouldn't believe how greedy and dubious one can turn to be once money is involved until it happens that they have finally show their attitude when the bulk money is in their possession to keep. some may eve run away with the contributed funds which you people were meant to use to fund the wallet and bet with if it turns out the stake is such a huge one and they know that the certainty in gambling especially in that game on which they want to bet is really small. Personally, i wouldn't want to engage in such because of the risk involved for me is just such that i cannot work with but if its with a my family which i have a great level of trust for, i will definitely look for a way to see that we carry it out in a way no one is goin to do away with the money when it comes.
It is hard to make fun in gambling if you are doing this certainly for money. But what the story means is that they are just making fun of it and it is not wrong if they agree on the sharing. It was not the credibility of the group to made them win, remember that this is gambling, and luck is what we need in order to win. If they win, all of them win, the same thing happens if they lose, all of them lose as well. Of course, we join the group where we think they can be trusted. Of course, it was your opinion and preference as to why it is better to go alone but having friends in gambling is a different experience, right? And I say that the idea that OP shared is somewhat relatively good.
Jump to: