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.
Topic: Will you put money together with friends to bet on sports games? - page 8. (Read 1428 times)
June 27, 2024, 10:12:15 AM
June 27, 2024, 09:55:05 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?
What do you guys think, is this concept or idea a good one? Will you accept such request?
Let me tell you about the plan we have just made on football betting. Considering that the Euros have entered the round of 16, I and 15 other friends have collected $50 each to enter the pool, then each of us will hold a randomly selected team and whose team succeeds in lifting the trophy will receive a prize from that pool. Not bad $50x16 = $800 so this is our way of celebrating the fun of each season.
Coincidentally, I got the German national team as a guide.
June 27, 2024, 09:26:26 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.
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 27, 2024, 07:59:35 AM
Even though there is nothing wrong with the idea, I don't see the benefit of doing this, honestly. If I have $100 that I want to bet on a game with 2.5 odds, if I win the bet, I get a $150 profit on my bet. Now, if we are 10 people putting together $100 each for the same bet, make the bet, and win $2,500 cumulatively, we still get $150 each, so what's the point?
Things like these are only useful in things such as lotteries where you get to involve more people to buy tickets with the funds so that the chances of everyone winning increases with it because if you buy tickets alone, you will only have a limited amount, and the same will be the case with others as well, but if you buy with funds put together by everyone, there will be more tickets and higher chances of winning the jackpot.
Regarding your concern regarding the win-and-run situation, there should be a written agreement signed by each player and the money should be kept with someone within the community who lives there so that they can't run away with the funds.
Things like these are only useful in things such as lotteries where you get to involve more people to buy tickets with the funds so that the chances of everyone winning increases with it because if you buy tickets alone, you will only have a limited amount, and the same will be the case with others as well, but if you buy with funds put together by everyone, there will be more tickets and higher chances of winning the jackpot.
Regarding your concern regarding the win-and-run situation, there should be a written agreement signed by each player and the money should be kept with someone within the community who lives there so that they can't run away with the funds.
The point might be, if you gamble online and ranking up gives bonuses. With collective bet, account owner wagers more. But the real point of such bet would be friendship. Imo it looks like a support of a friend. Maybe while discussing which bet to make, friends will find a best scenario and make a risky, yet profitable bet. Maybe "the larger the bet, the more excitement you get" thing will work.
Well this maybe the idea of the account owner to fasten up the ranking of their account then get those bonuses and other benefits. But the question would really be the relationship after the betting session ends. If they win for sure all of them would be happy, but what if they lose? If his friends will be far away and he is the one do all the decision then maybe there's certain negative thoughts will show up.
But if his friends are just there beside him and also do majority votes before placing their bets then that provably fun since imagine there's no consequences we need to think and we could able to enjoy the further discussions happening while you and your friends is having fun playing together. I truly understand those other concern about those combined bets since we know there would be a lapses with that and they might think that there's something suspicious happening especially if their expectations didn't happen and they didn't understand the risk.
June 27, 2024, 06:38:02 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.
June 27, 2024, 06:25:13 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?
When you said "it was interesting idea to be honest" I guess you meant it was funny. At least the example you shared is enough for any wise person. Money is something that can lead ungreedy friends into enemies not to talk of parties that are greedy. It is for the wise to learn from people's mistakes and for the foolish to keep repeating the mistakes made by people willfully.
How does it sound to contribute money for the purpose of gambling ? Apart from someone from the group running away with the money, It doesn't make sense at all. For example, what is really the purpose of gathering such money? Maybe to win big or that smaller stakers don't win or are not allowed to stake? I mean non of those are possible reason, so it doesn't worth the headache of trying to guide against stealing of winning ticket. Individual betting is what I know that gives peace whether losing or winning against joint or group betting.
June 27, 2024, 04:32:08 AM
Even though there is nothing wrong with the idea, I don't see the benefit of doing this, honestly. If I have $100 that I want to bet on a game with 2.5 odds, if I win the bet, I get a $150 profit on my bet. Now, if we are 10 people putting together $100 each for the same bet, make the bet, and win $2,500 cumulatively, we still get $150 each, so what's the point?
Things like these are only useful in things such as lotteries where you get to involve more people to buy tickets with the funds so that the chances of everyone winning increases with it because if you buy tickets alone, you will only have a limited amount, and the same will be the case with others as well, but if you buy with funds put together by everyone, there will be more tickets and higher chances of winning the jackpot.
Regarding your concern regarding the win-and-run situation, there should be a written agreement signed by each player and the money should be kept with someone within the community who lives there so that they can't run away with the funds.
Things like these are only useful in things such as lotteries where you get to involve more people to buy tickets with the funds so that the chances of everyone winning increases with it because if you buy tickets alone, you will only have a limited amount, and the same will be the case with others as well, but if you buy with funds put together by everyone, there will be more tickets and higher chances of winning the jackpot.
Regarding your concern regarding the win-and-run situation, there should be a written agreement signed by each player and the money should be kept with someone within the community who lives there so that they can't run away with the funds.
The point might be, if you gamble online and ranking up gives bonuses. With collective bet, account owner wagers more. But the real point of such bet would be friendship. Imo it looks like a support of a friend. Maybe while discussing which bet to make, friends will find a best scenario and make a risky, yet profitable bet. Maybe "the larger the bet, the more excitement you get" thing will work.
June 27, 2024, 03:49:37 AM
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?
We did the exact same thing back in the Pandemic. But we don't play it on sports games and instead put it into online casinos and have each of us play our money after the other. The goal isn't really to win or whatever, but just to test a couple things out and to build trust within the friendship circle cause no sane person would put his money on the line to gamble with friends, at least I hope so. In your case, you don't know the group that you're going to join in, and the only person you can remotely trust in this ordeal is the friend that recommended you this group in the first place. But if I were you, I'd stay clear away from that and just do my own thing. Why? You don't know these people, you might end up getting scammed and shit, with your friend being in on the jig. 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?
Not saying you shouldn't trust anyone anymore but I'd prefer putting my money on something or someone that I can really trust, plus the fact of the matter that you already had a good example of why not to do this, you already have a good foundation of what you might not want to do this time around.
You don't know these people, if friends can do the same shit to you, what more could these strangers?
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?
To me, this looks like a bad idea, because there will definitely come a time when there is a smart guy who decides to deceive everyone. This will happen for sure, sooner or later. Because they will not be able to exist in harmony, because between them there will be a lot of money in the event of a loss. If they lose with their collective bet, then everything will still be calm, but everything will happen precisely when they win. I still don’t understand why bet with someone in a group, if you can bet yourself and be calm, because we will know that we can collect our winnings by logging into our personal account for which no one knows the login and password. Therefore, I will only prefer to bet on my own and alone. 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?
No, I don’t get involved with friends or family regarding money. It just has the potential to create too many problems.
I pick my own bets, that way I win on my own or I lose on my own, no complications.
I pick my own bets, that way I win on my own or I lose on my own, no complications.
Exactly, because it may lead to a certain disagreement some day , so is better to just avoid such , is better to lose or win on your own . So that they or you won't endup blaming any one for your loss . And besides group or no group betting losses is still inevitable. So better to continue with your solo gambling than involving in something that may lead to something else later .
Why not if it's for fun and we are comfortable with money we can afford to lose. Our groups do this: we pick the team based on the number of votes and agree on the share of bets and profits; it is fun to do, it strengthens the camaraderie within the group; the most important in group betting is mutual trust, and that you all have fun.
When friends agree to do something together, it should be fun and something that strengthens the bonds between the friends; I became very familiar with my friends because of this group betting.
When friends agree to do something together, it should be fun and something that strengthens the bonds between the friends; I became very familiar with my friends because of this group betting.
He may take it for fun but doesn't the others will do the same , aslong is group betting there will be some folks that will take it too serious because gambling for fun is better than taken it as a source of income . Because most people sees gambling as a opportunity to get rich quick which is a wrong mindsets. Because gambling is not some kind of job that one will be earning every day from because just a loss in gambling can ripe all wins made from it. That's why it should be handled responsibly.
It was not an interesting idea.
You can bet with $1 or less on many gambling sites including the bookies. If it is betting, you can use small amount of money to bet.
So why gambling together? I see it as scam.
It can only be a scam when you do not have trustworthy friends. Although me I still do buy the idea when it comes to money I am not willing to do anything with anyone either a close friend or colleague unless an attorney is included in the deal. I have seen close friends even best friends turn enemies because of something like this.You can bet with $1 or less on many gambling sites including the bookies. If it is betting, you can use small amount of money to bet.
So why gambling together? I see it as scam.
If there is a general group for things like this the bet should be shared in the group and everyone in the group should bet on the game based on their financial strength so that when you win you have everything to yourself and when you lose you bear it all alone without getting to blame anyone. Combining with friends on a bet can only last for some time until trust begins to be broken gradually.
You've shared a nice insight, looking at the effects of money within friends, it's quite crucial to adhere to the normal means of gambling alone and focus on running our bankroll management. From the look of things, in this type of group gambling, majority takes the vote. And, most often the team you think on behalf of yourself would win the game may be the objected team by the group. Thereby, the player would be robbing himself the opportunity to exercise his franchise on proper teams his thoughts accepts to stake money on.
It's only nice to do this, in the sense that the players may not lose out lots of money and the required amount needed may then be smaller because of the number of people in the group. But, at some point, though that won't be in the early days of the group's existence, the members may stay having abstract thoughts against the rule governing the group. Gambling online shouldn't be taken this far, the structure of the innovation is to allow for individual gambling at our convenience not being enforced by any group.
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?
This seems like a bad idea really, because things like money can become a drag on friendships. Ultimately we are all individuals and greed can be a very powerful force. I'd trust someone who I've been friends with a long time more than a relatively new friend, that's for sure. Depending on what you're betting on, it's likely that one person will have a stronger conviction than the other as we are all calculating risks in different ways. It's probably better to keep betting separate, because you'll profit from your own decisions rather than possibly fail from others, which can burn relationships.
~
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?
I think if you are confident that no guy like that will be in your team, you should try it. If you ask me, I would accept such request even if I wasn't 100% about others. The key here is to not risk an amount that would be painful for you to lose. So, always keep that in mind and never agree to put huge money at risk. Other than that I think it's totally fine, and it's fun too. I wish you and your friends Good Luck with your joint bets!
Hi hommies..
So,
What do you guys think, is this concept or idea a good one? Will you accept such request?
Well, everything is dependent on the persons involved and how well do you know this persons and I think this type of activity will be best done in a physical casino and the instruction for cash out in case the bet is won is that, all parties involved must be present at the point of cash out, because the last time I checked, withdrawal from a physical casino can only be down at the point the game was played and this gives a greater edge of safety and I personally think this idea of betting or gambling will help to generate more outcome as the staking amount will be more bringing out a more potential winning amount.So,
What do you guys think, is this concept or idea a good one? Will you accept such request?
Whatever the case might be, always do what you think it’s right for you and I’ve also heard of a similar case on telegram where people pay some other persons to gamble for them and give them some sort of commission weekly or as agreed and as such nothing is impossible.
What do you guys think, is this concept or idea a good one? Will you accept such request?
For me no. I can do it myself so why join others just to bet? There's a chance they will trick you after winning the bet. As you've said there are incident wherein a gambler runaway with the money and leaving the other with nothing. Thus, I won't bite the offer.But anyway this is still depends on you, if the guy is trusted and you personally know, then why not?
If someone will handle the money well I guess that's not good idea to do. We know that there are people suddenly change when there's money involve in the discussion and I don't want to get tricked just like that so I will not join any placing bets activities since same as you I can do it on my own.
I don't also recommend that they also join on my bets since I don't want to be blame when I lost and have wrong calculation so I choose to place my own money so there will be no pressured for losing other people's money.
But at the end of the day it will depends on other people likes on how they deal with this situation.
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.
That will gives more fun when we playing gambling with our friends. We will not thinks about the wins or loses because we only wants to enjoy our free time by playing gambling. When one or more friends wins, they will buys more drinks and foods to celebrates their wins so all of the money will be back to all of them. We will not feels regrets because we lose that money because we wants to fills our free time with them by playing gambling games.But sometimes, our friends asks us to place a bet together by collecting our money with their money. That can helps us to place a big bet and hopes we can wins much money. But we don't have to be serious with gambling, especially if we place a bet with our friends because we only wants to have fun with them and not thinks much about the wins.
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.
What do you guys think, is this concept or idea a good one? Will you accept such request?
For me no. I can do it myself so why join others just to bet? There's a chance they will trick you after winning the bet. As you've said there are incident wherein a gambler runaway with the money and leaving the other with nothing. Thus, I won't bite the offer.But anyway this is still depends on you, if the guy is trusted and you personally know, then why not?
Relationships with friends, relatives or even family can be destroyed if financial problems are involved. because I experienced something like this, sometimes I feel doubtful about one of my family members who promises something profitable even though I already know him quite well. In fact, this all depends on us, it's good luck if the person doesn't cheat, but no one knows what other people think, so we have to remain vigilant, I would do it myself if I was still able to do it myself.
What do you guys think, is this concept or idea a good one? Will you accept such request?
For me no. I can do it myself so why join others just to bet? There's a chance they will trick you after winning the bet. As you've said there are incident wherein a gambler runaway with the money and leaving the other with nothing. Thus, I won't bite the offer.But anyway this is still depends on you, if the guy is trusted and you personally know, then why not?
Even though there is nothing wrong with the idea, I don't see the benefit of doing this, honestly. If I have $100 that I want to bet on a game with 2.5 odds, if I win the bet, I get a $150 profit on my bet. Now, if we are 10 people putting together $100 each for the same bet, make the bet, and win $2,500 cumulatively, we still get $150 each, so what's the point?
Things like these are only useful in things such as lotteries where you get to involve more people to buy tickets with the funds so that the chances of everyone winning increases with it because if you buy tickets alone, you will only have a limited amount, and the same will be the case with others as well, but if you buy with funds put together by everyone, there will be more tickets and higher chances of winning the jackpot.
Regarding your concern regarding the win-and-run situation, there should be a written agreement signed by each player and the money should be kept with someone within the community who lives there so that they can't run away with the funds.
Things like these are only useful in things such as lotteries where you get to involve more people to buy tickets with the funds so that the chances of everyone winning increases with it because if you buy tickets alone, you will only have a limited amount, and the same will be the case with others as well, but if you buy with funds put together by everyone, there will be more tickets and higher chances of winning the jackpot.
Regarding your concern regarding the win-and-run situation, there should be a written agreement signed by each player and the money should be kept with someone within the community who lives there so that they can't run away with the funds.
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