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I got a game from a friend of mine that looked very promising but you know how disappointing sports betting can be, there are no guarantees. But regardless of that I decided to give it a try, I staked a dollar on it and it was over a thousand odds. It turned out that my roomate was also interested but he had no money and plus he wasn't signed up on the sports book I used so he said I should also stake a dollar for him. The game ended up as a loss but I kept on asking myself if I had won both slips would I be able to just send him profits for a risk that I took? I felt like a bad person for having that thought but I think that I was being realistic. What do you think you would have done in such a situation?

This is a tricky situation because the odds of winning were extremely unrealistic. When it's about more realistic odds then there have to be serious arrangements. If you bet a decent amount and promise to give some profits it's on you to keep your promise. What's to lose if you don't? Others didn't give you any money in advance in this case. But they could have given. If they had given me money in hand to bet on their behalf online that would have made me liable to pay out of course.

I would have certainly told him about the win, but since I was the one who took the risk, I’ll definitely have my own cut, we'll agree on how much I’ll take, because the fact is that, if I hadn’t staked the game, then there would’ve been nothing for him, I think that’s the most honest thing to do in such a situation, cos if you end up hiding it from him and he got to find out, you’ll definitely lose him or the trust he has for you, and sometimes a thousand dollars can’t be compared to true friendship (even though it seems like pretty much.

If he is a friend that have borrowed money from me and giving me back the money, I will borrow him the money.  But if he is doing like he is smart and not worth it, I will not borrow him the money and I will let him know that I will not borrow him. But so far I borrowed him the money and we won, I will give him the money that he won.

Before I share my view, Did he later pay you the dollar you used in betting for him?
And yes I would give him since I still placed the bet and won
But I might ask him to give me some as a thank you but that now boils down to his decision
If he would.

The reason I asked that question first was, I could tell him it's a loss to see his reaction if he plans on paying
If yes, I have no reason in giving him his share since he kept his own side of the offer.

You staked the game with his money or your own money, if your friends is the owner of the Money you used to stake the other ticket since your staked yours already, then he gave the right to get his full money.

As you mentioned that he had no money that means, the other bet was on your own resource but he asked your to, us left for you to act based on your discretions, but since he is a friend and you mentioned he is broke, you can help his financial burden it you had won the bet

If we both regularly honor gentleman agreements we have, I will give the winnings to him after taking my $1 stake, same way I will expect to be paid back if the bet goes sideways.

This is not a gambling question but is entirely dependent on your personal relationship with the person.

- Jay -

It’s normal to feel that and perhaps we call it some kind of inbuilt greed it is in every human so if you had won the ticket you would have just expressed it a little bit but however splitting profit equally might not seem fair enough in my opinion but if he would pay or have paid you back the initial stake then the exact amount won would be fair to pay him.

Which sportsbookies list those kind of games? I haven't seen a game with the odd in thousands and even if it were the result is obvious the user is likely to lose that bet. So you're having a dilemma that won't even happen in the first place.

Be the right person and pay up his winnings, will that make you sleep better now? 8)

It is not bad to place bet for your friend with your bet account and according to your story, what I expect you would do is to ask him to fund your account so they tou can place the bet for him or maybe if you have enough in your bank roll you can accept it in cash and then proceed the bet. Whatever outcomes should be at his own risk and not yours because you are not betting with your funds but his.
This will really safe your relationship with friends when it comes to scenarios like this because if the game fails and he had not given you the money before you placed the bet, he will find it hard to pay you and you too you will find it hard to reimburse him his profit.

The truth is we are all human beings with different mindsets and reasoning that's why I will only speak for myself. Now let's assume I am in your sues now, and I got a game from a friend of my and in the process of playing the game my roommate pick interest to play the game too, but no money on him to stake the game I will gladly help him stake the game with my own money, but with agreement that he will give me 20 or 30 percent of the win if the games play as predicted, and we win the both slips. Remember gambling is a game of luck there is no guarantee that you will stake a game and win it, so if you want to help your room mate you help him with one mind, because I don't see any reason to be thinking the way you are thinking right, you just helped your room mate because you had the money, so why seeing it like the risk you took? And feel like you won't be able to send him the money assuming the two slips played as predicted.

That is fine if he's the one who pushed for that bet and told you that he can borrow from you and put that bet for him.

So, if there is an agreement for both of you then you should honor that and share the profits with it.

But since the bet has lost, there's no need to think of that anymore when you have lost that bet and there's no gain from that.

And what you can do from now on is just to take the losses and have that idea if ever that bet has won, you know what to do if you encounter the same situation in the future.

In situations like that, the healthiest thing to do is to clearly define the agreement from the start. If your roommate didn't contribute any money or take any risks, then any profit would be yours, and it's only fair that he understands that. It's another matter if, out of friendship, you decide to share something with him as a gesture of goodwill, but not out of obligation. Ultimately, the important thing is to think realistically, because you have to learn to distinguish between a favor and a commitment, and that way you avoid misunderstandings and protect the relationship by maintaining a healthy dynamic.

It's all depends on the agreement .. if he gave you the $1 for you to stake for him because he is not currently signed up with a sport betting company, then his profit should be given to him regardless you may want to split because it's your account. But if you weren't given the $1 maybe because it's small and you don't see it as a bother, at that point, the money is completely yours a d you get to decide if you are willing to give him or not . But since he beckoned in you to help him stake, I will have to assume that an agreement has been made before hand that he is going to receive parts of the profit

Was the one dollar you staked for him a loan? Was there any agreement that he would refund the money if he lost the bet? If it were a loan, you are under an obligation to give him all he had won. Then he would decide to give you some amount from the win. But if he wouldn't repay the money you staked for him, you would be taking a risk and would have to benefit more from the win.

You friend should only be interested in the game when he has his own $1 to bet on it that is the responsible thing he should be doing. And if I were you I will tell myself that I will give him something as a friend from my own game that I have already played if I won.
You are not a bad person for thinking that was but you friend should not ask you to play the game for him from your sport book account with your money.

Don't encourage irresponsible gambling habits, if a friend does not have money to gamble, they should be thinking of a way to make money to gamble with, and not asking someone else to stake for them on credit. That is very bad. You should have refused and avoid the entire situation in the first place. Because you are friends with someone does not mean you must say yes to their every request, friendship is not always like that, you should know what boundaries are, especially personal boundaries, certain things you will not do, and people who are close to you should know it too.

I asked myself the same question. Maybe he made some insane parlay bet, something like placing bets on more than 30 games with high odds each, but even then the chances of winning are extremely low. Or maybe he got confused when talking about odds and sports betting while betting on some casino game with 1000x odds, something that requires a lot of luck to win.

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In my case, I once offered $1 to someone who made a multi-bet and managed to win $200 in an unbelievable parlay, but I didn't ask him for anything; I wouldn't do that. I even wished him continued good luck. Unbelievably, he spent all the money and a few weeks later came back asking me for $1 again. I gave it to him, and he won another parlay, taking home $150, and I didn't ask for anything. Then he gave up gambling when he started losing consistently.

The primary rule in the world of betting is very lucid, if you can't afford to lose then don't gamble. So when your friend asks you to bet money on his behalf technically he is overstepping that line. You are taking a risk, you are using your capital, the responsibility lies totally with you. Naturally, the question arises that if she wins does he deserve a share? From a practical point of view, there is no obligation- since he is not responsible for the losses.

Frankly, that does not make you evil; it makes you logical. The bet is not about the outcome but about the process and who bears the risk. If I were you, I would stick to this principle: whoever pays bears the risk and whoever deserves the outcome, be it profit or loss.

You are not doing anything wrong. In fact, this is a small lesson: the urge to gamble should emanate from personal ability and not by borrowing someone else's risk.

I am wondering why this thought came to your mind? You lost, which means it's your loss; your friend hasn't lost anything from his end. If you win by his suggestion, then you may give a treat, not the share of the profits. But if he gives you the share of lost funds, then next time you have to give him a share of profits. I hope you got what I want to say. If he refuses to pay the lost amount, then he doesn't deserve the profit share.

For me, if I win and he asks to stake an amount, then I would pay him his part of the profit. I feel you should do so as well. But if I lost, then I had to ask him to pay the lost amount that he had agreed to stake. But I won't force him to pay since I paid and lost, but next time I won't do the same thing. I will never stake for him, either lost or won. It's reasonable to ask him to pay the lost stake.

Firstly the game never ended as predicted, and in this situation op staked twice using personal funds both for the friend who pleaded. Why will anyone find interest betting when the fund is not available, I guess op don’t have any choice rather send the funds back if only the game ended in the right prediction. Personal the money spent in staking must be paid first before returning any other funds after a win, most people are not aware of the risk involve staking on behalf of someone commonly friends yet without anyone saying anything it’s definitely right to share after earning.

That's a good friend but he needs to at least give you something worth like 10 dollars when he wins, who doesn't share the wealth with friends at least a little bit and its wise to do as you wont always be winning right.
  I always think that of people who somehow get rich with a million or luck of any kind, making sure your family and friends are in good place is good investment so long as you've been a good judge of character they wont forget your gratitude and somehow money rarely lasts but friends can and do.



Ive read a few legal disputes on this and the person who stakes and/or holds the receipt gets to decide everything.  Its led to unfortunate post win disagreement but the law is clear and if you dont have the money to bet then be grateful but legally its not owed.   I generally avoid the group buy type thing, I'd rather just do it myself.

It's a situation that can make you upset if you get a win, of course, the bet will be $2, this will be very complicated, unless he said he wanted to bet $1 dollars it was paid in cash to you immediately after he finished talking, but if he borrowed your money first for the bet that was added to your account this is not a good situation, The average friend who likes this always acts like he doesn't care if he loses and forgets that he borrowed the money, he will even say that it was a bet that you made and made on your account, hahah a very common situation in a friendship environment.

If he gives money to you before or after the match is over it shouldn't be a problem, the problem is when he doesn't pay anything to you but leaves a bet.

I wouldn't have blame you if the game eventually played and you decided not to share the profit with him, because it's your money and not his. Come to think of it, did he make a refund of the dollar you used to stake for him? Because with your explanation here it seems that he didn't make a refund when he noticed that the game is lost, I must say that your guy is not even a nice guy for him not to bother about the money you used to stake his own bet.

Although it is a normal thing to help your friend with some dollars without asking for a refund, but if he's a very good friend of mine of course I wouldn't mind sharing some portion of the win with him but I won't tell him the exact amount I won because it's my money I used to stake the bet.

I am happy you know that such a thought is bad and it can end up ruining your friendship,.unless that's what you want.  Besides, this is just betting, what if it has been a huge contract, would you not have given him a cut knowing he too is in need of some funds?
Do not let greed take over your friendship because making true friends these days is rare and it doesn't always come cheap.

He asked you to bet $1 on his behalf?  So basically, you were just doing him a favor.  You gave him a $1 loan or used his dollar, but you were placing his bet.

If that ticket had won big, that money would be his, plain and simple.  You did the clicking and logging in, sure, but you werent risking any of your own cash, So you are not entitled to his winnings.

Keeping his profit?  Thats just wrong.  You would be a terrible friend trying to cash in on a small favor.  Its his bet, his money.  End of story.

Possibly but again the chance of winning those parlay is too out of the reach so why bother thinking about what we should if we won that while the actual result already came and it's a loss right?

Stake a dollar or even hundred dollar and just be happy even if you managed to get a win, this will make the gambling happy not stressful.

If your roommate asked you to stake a dollar for him, it is assumed you staked it in his name and since you have also staked for yourself, if they game had won you can give him all the amount then he can decide to give you part of the winning and appreciate you. Let's put gambling aside, will you tell me that there haven't been any day your roommate got something for you with his own money? i know roommates to assist each other so for the fact you lost the bet just accept it in good fate, moreover you didn't stake a huge amount in it. We should not be selfish when it comes to money because you can be in a situation where you can also ask of help from your roommate.

This is a situation that is difficult to decide. Well it is a promise that should be kept if you had won but I have heard of people who would not pay back the borrowed money for their bet that wasn't successful because they feel they didn't benefit from it at the end. I try not to put myself in such situation.

I believe betting is a decision you take and backed by an action which is money. If a friend wants to use your account to bet then they should pay for their bet first. However, the temptation is on you to deliver the winning to him if it won. This is a trust issue but it is better we avoid complicated issues for ourselves.

It may look simple now, but in reality, if you had won the bet, it might not have been so simple.
I think the best and easiest way to solve this is for him to give you a cut. The bet was yours, you used your money to stake for him, and it was on your account; the least he could do is give you a cut. It doesn't have to be a large percentage of the money, just something to show his appreciation, but something meaningful too. It can be a simple situation or a complicated one, depending on how both parties handle it. Both parties have to be considerate and reasonable.

The chances of winning are so unreasonable, so I know anything can happen, but seeing odds like that makes me want to throw away money, even if it's just a small amount, and I won't share it with my friend because it will lead him to be tempted and become a gambling addict in the future.

I will do things according to agreement. Before I create a bet for a friend, I will make things clear about winning and losing that bet.   I would demand a cut and make sure to make him agree if I am to make a bet for him under my name.  Obviously I will charge him the amount to be wager since it is his bet.

It is not bad to make a profit from things we do, may it be friends or strangers.  The fact that he used your name to bet on the sports and win, you should get a cut from the winnings but to avoid argument this cut should be discussed before placing the bet.

I had a similar experience years back, but not in gambling. A friend of mine called me to help him buy a coin, and I already bought that coin myself, waiting for it to pump, and it eventually did. So what happened was this: he called, requesting that I help him buy the coin, as he can not access his funds and would pay me back immediately he gets the money, so I did, and I told him I bought it already. I waited for him for nearly 3 months, but he did not talk about the coin, and I was disappointed because I wanted to use that money for something, but based on trust, I bought it for him, thinking he would do as promised, but he did not.

I never bothered him again. Eventually, the coin pumped after some months of ignoring me, and he called back wanting to claim the coin. I did not bother answering him, and he escalated the matter, saying all sorts of rubbish that he told me to help him buy a coin which he had already forecast, and I refused to give him back. While he was doing all these, I never bothered because I already reported the matter to his parents ahead of time, so they should be in the know, so that if anything happened, I would not be blamed for whatever actions I take against him. The matter was not an easy one, as I was taking note of what to do to better stand my ground.

Trust me greed will always step in at that particular moment, then you start claiming the right of it being your money.. it’s your money though so you can feel like doing anything but relationship matters by at times, give him what he won so far he asked you to help but you can still ask for some share out of it if he would agree because you also contribute to what he won.

Simple understanding of roles and authority is very critical when an individual bets on behalf of another person as there is always likelihood that you might win or lose. It should be made clear that everything must be raised and no money handled unless otherwise there might be claims posed to kill the relationship. It goes without saying that when the stake is set at the beginning of the process we have a fair structure that everyone knows his or her place and that there can be no other interpretation once the result is arrived at.

Well what sought of option comes with a thousand odds, and it's very seclusive that you didn't think it was okay to try out by yourself, until it was introduced to you? In what category of game was it? Look, this is just some cooked-up, cooker-cutter, attention-seeking bait post!
But hey, you know what? Whatever gets on this section automatically becomes subjective to discussion, regardless of whether we all heard something similar before, or not. Lying with a storyline to start a discussion was also, a big "discussion" on this board few weeks ago.

Winning a bet is certainly not easy, and deciding to give a share when a friend wins is perfectly normal. I agree with your point about saying thank you, but we should also give them something meaningful so they both feel the victory from their friend's bet. However, in some situations, if a friend demands more than what they've been given, which could damage the friendship, it's really not fair to give them a share of the winnings.

Sincerely when you accepted staking the game for him, you never request for any cut, therefore you will give him all his money and allowed him decide to give you whatever he wishes, and if he does not you don't need to boarder or request for it, it shows a true relationship among you .

The only place you would have issues with him is when he has refused to pay you the money you staked with for him, but In as much as he did pay you back forget about it so that it will not present you as being too money conscious.

Meanwhile, it depends on my relationship with my roommate. would he take the same risk for me,if the table should turn and I'm to be in his shoes, would he be straight forward and truthful with me the same way as expected of me?!
Even though the bet turned out to be a loss, did he still pay for the betting ticket he asked me to play for him while handing him the same loss bet ticket?
If yes, then that kind of a room mate is worthy of the benefits in full for the betting tickets if it had turned out to be a win.
So for me, it depends on the mutual understanding and trustworthiness of my roommate .

You are two friends, I believe you did stake the game for him because you used to borrow him the money and he do pay back that is what gave you that bold decision and play the game. It's up to you why you decided to help him stake, as for me if you are my friend and you don't have the money to bet I will not pay on your behalf because it's like I'm an enabler of gambling to you, it's better you do that on your phone instead of doing it own my end.

I also think that the dollar is small that is why you didn't even think twice about it and again, you have big odds, winning such kind of games are by luck and not easily won. The chance of winning that game is zero, to win 10 alone is very hard job.

Well tbh it seems you don't treat him as a friend more of the bestfriend if you have that thought. If that was indeed my friend especially a bestfriend I would never ever do that bullshit thinking considering he asks you humanly, somehow you can asks if you will have a piece of his winnings and just be glad whatever he will give you. Yeah it's your money but you can asks now a repayment now that it is a loss, simple as that. Give and take is what friend are for.

This type of situation requires you to make your intentions very clear. What does each person gain in a win, and how much should each person pay in case of a loss? If you had won, he would certainly want his share. So it's fair that, in a loss, he should also be charged. Betting with colleagues can be fun, but with such unrealistic odds, it's best not to get involved. It's much more sensible to try a more realistic bet or even play slots, for a quicker win and more fun.

The game ended up as a loss; so this isn't a parlay bet? Is this just a single game? I'm a bit curious because you mentioned that it has "over a thousand odds." What kind of match is this?

Anyway, stick to the agreement. Did your friend borrow that money from you? If he did, then he'll pay it back win or lose. But if he wins, the prize is his. Strictly speaking, it's not your bet. It's your friend's bet. You're just placing it on his behalf for the reasons mentioned.

I've been in this kind of situation countless of times in the past. Friends who don't have money but are excited to bet normally borrow money. If the bet loses, they'll repay it after some time. If the bet wins, the prize is all theirs.

In fact, if there is a good relationship between friends, then money can be lent there, if he is very transparent in his transactions. There are many friends who are not transparent in their transactions and do not want to pay the money after receiving it, lending money to them can be very risky, but for those who take the money and pay it later, money can be lent. I have some friends who are very transparent in their transactions and some friends who are not very transparent in their transactions and do not want to pay the money after receiving it, in fact, they do not want to lend anything, but in the case of those who return the money immediately, you should definitely send a profit, in this case you should not think anything.

That depends on the agreement. If my friend said that we must split the winnings into two parts, we will do that. But if my friend tells me that the winnings will be mine, perhaps I will give him some money. If you don't want to send him the money if you win, it's up to you. Only you will know what needs to be done.

But I don't want to lend him the money to place his bet. He should give the money and place a bet for him. That will be fair for me because he gave me the money as help with placing his bet.

Well if you trust him then just bet for him. If that ended up winning and he gain a lot, for sure you'll be given a reward for letting him borrowed funds for the bet. But when this happened on other users typically the guy would just says Ops that's not yours since I am the one funded that bet technically you'll be using him for his stats bet. But that's only a scenario I'm thinking that might or not happened. With peoples greed lately I won't doubt this can occur. Everything changes if money is on the line.

That is very honest question that shows hard choice of friendship and danger of money and although you felt bad of thought of keeping profits, you were being real since it was you who bet and managed bet. Although your friend gave you the stake of 1,000-to-1 shot of 1,000, most safe way of dealing with win that would save friendship would be to take middle way. Give him back his 1,000 stake, but keep small part 5-10% of profit as reward to effort and risk you took.

Very hard to answer as everything is on the balance here specially your friendship. But since you covered the cost and let's say you hit that multiplier, then I would not give him the full money since he didn't have any that time to bet as you covered for him.

I think this is fair and even if you go to court or something like that, the judge might do lean on that kind of judgement. And with this dilemma of course, I would say that don't do it again so that you won't put yourself in a not comfortable position.

Your friend doesn't have money but wants you to bet $1 for him and if he wins, you can split it in half? or for himself?? but if he loses, will he also return the money he lost? $1 is indeed a small number, but it all depends on the agreement from the start because you bear all the risks yourself because you use your money which should only bet $1 to $2 even though I also know the chance of winning is a little unreasonable and maybe in your mind you are just trying your luck, if it's the same bet, you can share the profit with your friend and are required to return the money you have bet, regardless of whether he wants to share the winnings with you because you has helped him, it depends on his own awareness.

Yes, it's tricky, as you mentioned, to answer because it all depends on the balance and other psychological and social factors.

I think there are two possible outcomes in this case. First, OP's friend will ask for 50 percent of the profits, even though he only deposited a small portion of the capital into OP's account. However, if he's willing to commit and abide by OP's rules, that's perfectly acceptable. If OP wins $1,000 and is willing to share it, give him a small amount that OP is willing to give, since he isn't the "account owner," but rather someone who simply deposits funds and doesn't want to take any risk.

My advice: OP shouldn't take such a risk. If he's willing, have him create his own account. If he wins, he keeps all the profits, and if he loses, he faces the same inherent risks as you.

If you had win the game as predicted, you will have given him his own share or  profit without considering that you where the only one who took the risk. Although it would create some panic within yourself after knowing that you used almost everything you had including your money to gamble. Given him the profit and taking the amount use to bet is up to you to decide. What I know is that almost everyone is his condition will only either give or no give. Since the choice is yours.

Yes, this happens to me and my friends often. Sometimes, some of my friends want to gamble on a site I frequently use and use my money. However, we all have an agreement: If they lose, they have to return their money immediately. If they win, 15% of the winnings will go to me. This agreement hasn't changed to this day. Some of my friends still gamble on the casino site I use and temporarily use my money.
So, I believe that in cases like this, an agreement should be made before the bet begins to avoid unpleasant situations when the outcome is a loss or a win, since there is money involved.

We can’t answer that for you since it’s your personal judgment. The fact that you placed a bet on him in that x1000 parlay with less than 1% chance of winning means it’s really up to you if you want to share something. At the end of the day, it was your money that you risked so you don’t owe your friend anything.

But if you feel guilty because you promised to share the winnings, then just give him whatever you think is fair.  :)

It is true that you have no obligation. But if you win and this is a friend... (a real one)...
I will tip/help him to be honest.
He gives a very nice insight and makes you made money... I don't think that in a "thousand" dollar, "hundred" could change something.
Of curse these interpretations change a lot based on culture or even in other agreements you had in the past...

It's only $1 matters with your both own risks, so why complicate things? Even if it should be $100, you wouldn't make that deal, would you?
I never let my friends bet on my account; that would be my problem someday.

These situations are really difficult and if you can honestly talk to your friends and work it out, there is no problem. Here I see that your roommate has asked you for a dollar equivalent to bet through you, so you should clearly share what comes after the bet with your friend. Although you have shown honesty here, if you share both, win or lose, with your friend, it will show honesty and the bonding between you will also be good.

Here I will have an opinion, while betting in this casino, it would be better to explain the matter completely to your friend and then play. If he understands and agrees with you about the betting then he will bet. If he does not understand about gambling then you should explain it to him and then bet. If you can do this, I think it will be the best.

If that money had entered I swear I would have first turned and look at him with a bombastic side eye then in my mind I will be like guy you didn't drop a single kobo and you don't even have an account on the app so you just sat there and said I should help you play one dollar too which means if it had cut you would have just probably hissed and gone to bed now it has entered and you want half a million like are you okay? Lol...

But honestly I would have laughed first then at the end of the day I would probably just give him like 50k dollars, take him out for a pepper soup and drink then there I will tell him. Bro thanks for the energy yeah but the risk and the capital all came from my side but next time try and bring your own money and open your own account too. And dont even see this as wickedness or so, it is just fairness because it is he who took the risk that could either bear the lost or enjoy the rewards if it came. You don't have to think you are greedy because you are not for even sharing the reward with him, ypu are even encouraging the more and he can use the one you sent to him to establish himself. Another person would have just silently squander his money without letting the friend know anything about it

Your friend put you in an awkward situation by asking you to bet a dollar for him. You don’t have any obligation to do as they say or to pay them a part of your winnings, but depending on what you agreed upon, you should keep your word. A dollar is not a significant amount. I would have just loaned them the $1 and told them to go create their own account, and that way you avoid any misunderstandings.

Friends should honor agreement and if your agreement with your friend was that he will give you 1 dollar to bet for him you should honor the agreement, I don't see any reasons to be feeling like a bad person in any case. It's very simple he gives you the money and you stake for him, if you win you are obligated to give it to him, if you lose he will also bear it. People should be very sensitive when they are dealing with money and friends, money issues can come between them. It happens a lot that is why if you are not comfortable to do anything money related with them you should avoid it.

Of course I would share my profits if the bet was won. Why wouldn’t I? If I lie to him for something like this I’d lose a friend and a friend’s worth is way more than a thousand dollars. A friend is worth more than a million dollars. You know what they say money can buy nearly everything except friends. Some people think they can buy friends but that’s not true. They are only buying opportunists. The moment you can’t pay those people, they’ll be gone. Real friends won’t abandon you in any situation. That’s why one can simply not name a price on a friend.

It is even dangerous to think about what you are describing because you don’t know when will your devil interfere and does a bad thing. Trust me, what you are saying won’t do you any good. If you happen to win, pay your friend his share and make him happy.

Since you have already accepted and bet for him, it's better to be sincere and tell him the truth, after all he didn't forced you. However, since gambling involves losses than winnings, it's essential to make a decision that won't affect you negatively after the outcome. It's a game where luck has the final say, and no one is perfect. That's why we need to be careful when someone asks you to bet for them, because sometimes even if you tell the truth they might not believe you, and they might feel that you didn't bet the game fairly.

I've had situations similar to this one.
In our company, we sometimes register at different casinos, and sometimes we ask each other to place a bet at a casino where we are not registered. I don't see any problem here. If the bet is lost, the person who asked to place the bet pays me the bet. If the bet is won, I pay him the winnings.

I will send him profits but only for his bets and that is not for full amounts because he used my money ;D

He should understand that because he doesn't use his money to bet. After all, that is free wins money for him so nothing to lose. But if he asks for full money, I will consider that ;D

My friend will understand my decision and will not debate or be angry.

Did he game you the money to stake for him or you did that from your own pocket taking the risk, then after the loss, were you able to get your money back from him or not.

As for me, not that i cant help a friend in need, but there are some risk that don't worth taking, first of all, how possible is a $1 to stake about 1000 odds games, the chances of winning is very small and we know that, this is risk i couldn't have risk my money playing or playing for someone, just as if you intentionally dash out your money to the casino, if the game should have come also, its another complicated issue because you will want a cut form it and he may not be willing to give you.

If you've already agreed with your friend, you should give him the winnings. Unless your friend agreed to a 50%:50% split, or whatever the initial amount, it's more realistic to be fair, and don't let a mere $1 initially ruin your relationship with your friend. But honestly, when it comes to betting, I would never actually lend anyone money to bet or collaborate on a bet. I realize there's no guarantee in gambling, and money can ruin friendships. So I'd rather not.

Since you both of you agreed on the situation you both created better to honor everything if it happens that your bets win. Give him the profit and let him enjoy the winnings both you get.

But situation change because you lose and it will be more challenging if your friend didn't pay since this will cause troubles on your ends. If this is the case happen then I guess he's not your true friend and just taking advantage on situation on which he can take advantage to you. But hopefully your friend pays you after or on the set day he promised to pay and if you have this kind of doubts better not to do this kind of bet again to avoid stressful situation.

Honestly I see don't see it a bad idea sharing the profits with someone that made it turned a reality, because he made the provision of his money for me to be able to gamble, what if I was not given the opportunity, there's nothing I can do, it's not up to me to determine on what percentage I will share with him, though I know some may act weirdly and only refunded back his $1 back to him, but life i not like this cruel that we pay back in such manner.

OP was doing this out of kindness, but his friend was also being smart at the same time; that is what I saw that played there. Well, OP would have just given his friend an option of using his phone to register for him, so he could transfer the money to him to bet through his own newly created account as a loan to play the game, and if he had won he would have repaid the loan and show some appreciation to OP but if otherwise, he would still have to repay the loan and that settles it.

Maybe I havent fully understood OP story, but I would not lend or share winnings with friends. Maybe I wont be the one who would do the first move and offer money if friend has lost everything. I am 100% sure that I wont be sharing money directly. I would share winnings in a form of buying drink or paying for a meal (I think that friends wont accept that, and instead leave meal value as tips).

He asked you to stake a dollar for him, and you did, he should be aware of the loss so he has to keep his promise by returning the dollar back to you, I would gladly ask him for the money because he asked me to place the bet for him, it is just like borrowing money from you. If you have won both slips the half is yours, the other is for your friend.

You have to keep your promise as a friend too, if you think that this is a big deal because you are the one that took the risk then endure the loss that you have right now, you don't have to ask for the $1 from your friend, you are even ready to become a man of your words, this reveals who you are. That you care more about money than your friends.
I will never do this to my friend, if I ended up losing the game he needs to fund me that dollar back when he have the money and if I have won both slips I would give him his share, this is the right way.

Agreement is an agreement. If he do pay back whenever I borrow him money, I will place the bet for him and give him his win but if he's someone that doesn't like to pay back his loan whenever, I borrowed him, I wouldn't stake the game for him. It's as simple as that.

If it happens that the game turned out as expected, I'll tell him that I didn't stake for him. I will refer him back to several times that he took loans from me and didn't pay back. It's improper to loan a friend money to gamble with because they won't pay back.

betting is always a risk & at the end of the day you were the one who put in the money took the chance & carried the responsibility. Your roommate didn’t contribute anything no account no effort not even the $1 so if you had won the winnings would technically be yours. If I were in that situation I would probably give him something out of kindness but not out of obligation maybe a small portion or treat him to a meal but not an equal share cause at the end of the day I am the one who took the actual risk while he wanted to benefit without putting anything in.

True friendships are decided when it comes to money. I will send him the profit and let him choose my fair share. If he respects your friendship and what you have done, then he will give you a fair share of the winnings, so the ball is in your friend's hands. If you are not given a fair share, then it's not worth keeping this kind of friend.
Just do what's right, so you are free from guilt. It's just money; it will be gone in a matter of time, while friendship lasts a lifetime.
 

If you give your word on a certain deal you should stick to it: a man is worth as much as his word, not his wealth or his fortune. If your word is worth nothing, you are worth nothing.

Having made this general premise, usually when it comes to betting or gambling in general everyone should put his money at stake upfront but considering you are close friends you can basically pay his share on his behalf and therefore share the winning in case of successful outcome. Also take in consideration you would have placed only half of the amount without his request so your eventual winning would have been cut in half without him stepping him.

He owes you a dollar by the way.

In a situation like this it is assumed you borrowed your friend the money because he asked you to assist him with it and it is believed he will pay back the money so you checking the both games and if eventually you won, you would have given him his part of the money which was realized from the winning, though you can go into some agreement with him that he will give you some percentage from the winning since it was your phone and money you used in playing the bet

I avoid playing games for someone on my phone and with my money, I can lend you the money to go to a sporting center to stake the game than staking it on my phone with my money because it may lead to argument when the game is won and I would want to ask for my share due to the fact that it was my device and Money that was used in the first place and probably the person might not agree to the percent I will like to get off the winning. But nevertheless I can share my profits after winning due to the joy that comes with it.

First of all don't think thinking about it makes you a bad person, it’s just being realistic. If it had won, sending your roommate some profit for a risk you took on his behalf would’ve been the decent thing to do, but at the same time, you also put in the work and the stake.
But I guess it depends on the kind of agreement you have. If it was just him asking casually, I might have considered giving a small share as a gesture, but not necessarily everything.

If that friend is serious about placing the same bet through my account, then it makes sense to share the profits it with them, but if they're the type to keep joking around with most of what they say, i'd rather keep everything to myself.

This made me recall one of the users who used to be active here had to go through a similar situation and used his friend's account to participate in a weekly contest hosted by a certain bookie, since he couldn't access it directly on his end.

If he paid you for the staked amount before the match begins or before it was concluded you should honor the bet of giving him the profit.

Having a thought for not giving the profit is a sign of greediness which I believe most gambler will think too due to the temptation of huge profit while the person involved doesn’t look on your account.

It’s a sin to think about not paying it if you won but it’s still a different story on the actual since you have a choice to fight your temptation.

He asked you to stake a dollar for him and you did, meanwhile you have also staked a dollar for yourself and since you had a agreed to stake a dollar for him and he was aware that you did, it would have been very bad of you to not have honored your own side of the bargain if the game was successful. If it was me, I will give him his profit and take mine too, if he decides to gift me a share of that profit, that will be good and appreciated but if he doesn't, there might be no next time favour of such  ;).

You made it possible, so you deserve a share of the winning. If the stake is won, you have to discuss it in a friendly manner because money should not be a cause of distrust between you and your friend. This is a challenge between you and your friend.

It's good it ended in a loss; otherwise, you would have to address this. It’s better if you’re going to do this next time: discuss the share so there’s no further discussion or arguments, and have a witness on this. People change when it comes to money.

It's your money that you risk. You have the right to decide what to do with the winning amount. He didn't put anything at risk. He just used his words to tell you what to do for him. He doesn't have the right to take the money.

This ain't a tricky situation. This is gambling, and we cannot rely on people who would just tell us what to do for them without even putting any money at risk. If it wins, you can take it all or just give him a gift/tip for the idea.

Situations like this does requires so much of understanding than just the gambling, if I were to be in such a situation, I will get into an agreement with the other party before staking, and the agreement will be that if the game is won, since I did registered him and also staked for him I will be having half of the profit made because I did took a greater part of the risk because now that the game is lost, it is obvious that I well be the one to best the loss.

There have to be this agreement so that we will not have anyone loosing out at the end of the day. If he agrees to my terms then we will proceed but if not I will not agree to doing it for him.

Gambling doesn't rely on people's perception for a win besides it's certainly not your fault that the game had to end as a loss, especially that the game wasn't guaranteed to win in the first place.Some games can be so manipulative,sometimes you just have to let go of some of them especially when it's going to threaten your peace or cost you more losses.

You could have also mentioned whether your friend paid you the lost amount or not ?
In your case, yes I would have shared the amount with the friend because it was his risk that he took.
I would make sure to get the amount lost from him in case the bet ended up in a loss too.
So in either case, whether win or lose, it's simple that I lended him the money and he used that money for betting indirectly.

It's hard to decide on something that did not happen. Still, since you've thought of it, next time it's better to have a deal first, you don't want to be both of your friends in a situation where you will argue, but if what you think materializes, you have a right of a share of the winnings since you have a share of the bets.
Discuss the fair deal. I think 50/50 is a fair deal, or you can have a better deal because you're the one who risks money to make the bet happen.

Well there's nothing to be done about it, cause initially before your friend says you should stake a dollar for him he's aware of the risks and losses made but if it happens that you won it's left for you to make the decisions of sharing the profits with him. besides before such things should occur there would be some level of agreement from both sides.

If there was a prior mutual agreement, I don't think it's a problem. However, things can get complicated if there was an unclear agreement from the start, or even no agreement at all, and conflict could arise between you and your friend.

When you bet another bet on your friend, there are two possible outcomes, for example, a win. First, the win is yours, and second, the win belongs to your friend. If there's no agreement, I'm sure it could lead to an argument if you both believe the win is yours.

When you bet on sports, you have to rely on your skills and strategy rather than luck, that's why you might think that betting on sports is the riskiest. I think relying on your luck is the most foolish and risky. If I have a good idea about the sport and if I can differentiate between weak and strong teams, then there will be more chances of the result coming in my favor. I have been betting on sports for a long time and till now I have not felt that I am making a mistake or that I should stop betting on sports. I have enough knowledge about different sports that's why it is easy for me to make decisions and when two teams are playing, I can easily differentiate one team but when I see that the two teams are equally strong, I refrain from betting on that match because the result in that match can go in favor of either team at any time.

It's never a great idea to use one's money as a loan to stake a game for another person no matter how desperately they want to bet. If they don't have the money for it at the time, they should allow it pass. There's always another day. Games aren't going to cease. The reality is that they're not likely to pay back a lost bet but won't let go a winning. This, in most cases, will cause friction between friends. I wouldn't risk it.

Making your intentions known and having an agreement on that isn't like a court sworn affidavits that must be stuck to. If they want to renege on the agreement they can still do it and claim it's a friendly banter that shouldn't be taken seriously. It's best not to attempt it at all so as to remain friends or you just do it without expecting back the money. For me, I won't dare it.

Yes the thought is a bad one and that's greedy mindsets, it is ok to have  such thoughts as humans different thoughts can come to our minds, it is our decision to choose that which is preferably reasonable, we can't share losses and failed to share profits when there is one. Naturally having such thoughts doesn't make you a bad person it is when such thoughts has already been executed that you become the bad person because it is an act of greed, and selfishness.

You are right but you should remember one thing that no matter how you can predict right about a sport but there is always uncertainty in it Your skill will definitely help you to bet but in any match there are many things that are unpredictable like weather, team pressure, referee and etc decisions can turn the result of the game. You are making decisions with long experience, it is good but knowledge alone doesn't mean you can win and in my opinion it is not wise to play when two teams are strong and in that situation you should keep your own risk and limits because in the end the result of the sport is not completely predictable all the time.

I would only give him a part of the win because he is my friend and after a big win like this, it does calls for celebration. Using his own prediction to play the game is not enough reason to share my wins with him if I eventually win, because even if I encounter a loss, he will not want to share in my loss.

If he’s a friend that will want to do the same as I do for him when I encounter a loss or a win in a game using his/mine prediction to play a game, I will not have a second thought to also share my wins with him after given me the prediction. It depends on our nature of friendship but just given me the prediction and winning it is not enough reason to share my wins with you when I hit the jackpot, but I will share with you as my friend that you are which you deserve to celebrate with in my wins.

This is a very simple matter. I think there should be no problem in giving the winnings money. Especially about a gambler, we know what he is like and his personal behavior. If there was an untrustworthy person, I would certainly never tell him to bet. But since I have been able to understand that the person who is told about the bet will give me the money. But it is also true that when a person wins a big win, there can be a huge change in him. If that person had won the jackpot with that 1 dollar, I think there would have been a problem in sending that money.

Of course, as that is an agreement but in his case there, there is no agreement that has been made. But like you, I will also give money to my friend even if there is an agreement and I win. That should strengthen our friendship more and it gives me a bigger chance to experience the same thing once he win the next time. When it comes to lending money as a bet, I am a soft person, so I will likely lend him too, most especially if he offer me a help on the games to increase our chances of winning. Still I feel like helping a friend in gambling cannot be generalized for all occasions and this applies to lending and all finance related things as well.

I don't think "disappointing" is the right word to use when we lose, since we already know there is no guarantee of winning in gambling. We don't need to be disappointed when we are aware that it might happen in the first place.

But based on your story, OP. I feel like you are bothered, and it is in your mind, asking, "What if I won?" In the event of winning, I ask you not to be selfish. Treat your friends to make everyone happy.

Unless they are unaware that you are betting...lol.

I would share the prize with him, because it was thanks to him that I placed the bet and won a huge prize with impressive odds. That is how we show consideration and gratitude for others. Remember we are talking about 1$ turning into 1000$, so it won't hurt to give a portion of that profit to the friend who gave the right hint which resulted in the profit mentioned.

If he gave me that money at the time or before making that bet then I am sure that I will give him what he wins from that bet but if it's just words and the things are done by me completely then why should I pay him? Legally, whatever you won from a casino is solely yours and if you are betting on behalf of someone is violation of the terms so don't do it and even if you do still you are not stealing from anyone legally.

Your friend knows you well than you know him. He knows you are not going to win that is why he said you should booked the game for him, if he was that serious he would have signed up even if it's by using your phone to register and then make a different deposit to play the same game you played. He understood that if he goes through all this process and he loss, he is indebted to pay you back but with the outcome, he is not paying back any money.

Just to confirm, I will like you to reply this thread to confirm if he did pay you back to the money you lend him. I'm still certain that he is not gong to pay back that money. I'm also sure that if that game was turned to a bigger outcome, I'm sure they you may turn him down that you use your money to bet, there is no evidence or an agreements that you both signed to play that bet. Only a true friend will consider giving all the money to him if he won the money. The question you should have asked, if the situation where to be reverse is he going to do it for you?

I think the right thing to do would have been giving the money which was promised to him, obviously.

On the other hand, it is because of situations like that one is why I am convinced that it is always better to gamble and bet on sports by one's own, with one's own money and without promising anything to anyone in the case to having very good luck and pocketing a good amount of money.

Money is the root of all evil, and gambling can easily destroy friendships if one is not careful enough. In the end, it is better to go through the world of gambling alone, and stay away from loans and asking money for the sake of gambling.

I mean, it seems fair to share profit because it just sounds like he just kind of borrows money from you, to gamble, then he wins, it seems unfair because you're the one taking the hit and the risk, but you agreed to it so I think its fair to share the winnings at least.

The best scenario that I can see in this situations is you taking the gamble, then your friend kind borrow money so that he could also ride with you in the bet, then end up winning, after winning you two is going to share the winning fair, then your friend is going to give you a little bit more as a gift kinda like a thank you for taking the risk for him, because if you lose that bet then you are the only one taking a hit even though it was like a small amount of loan.

Personally, would share the winning if it is my friend that I know that is going to pay me if we lose that bet, unless you know that friend is not going to pay you, I would personally still share him the winning but I would get my cut or atleast a fee on that winning  ;D

Indeed, the exposure to social problems is minimised when one gamblest using the personal funds and does not involve other people. As we make sound decisions and bear all the responsibility of our actions, we would be able to pay more attention to risk management. This spares us of circumstances that would lead to breakdown of relationships with friends or family members particularly where we get stuck in a cycle of growing debts. Gambling may always be a well thought decision, and should not entail other parties who bear unrealistic expectations.

This is a very simple situation to handle. You didn't select the games for him but he asked you to place the bet for him because he thought the odds you played with were good and if you win, he wins and if you loss he loss so there is nothing to bother about such situation. You don't have to fell bad.  So I believed your friend understand how things works in gambling so there will be no crucification on you. You didn't lost his funds but him because if he asked you to play other games, you would have gladly done it as well so what is your offence in this matter? You were not a bad person and don't fell such.

I'm curious if there was an agreement with your friend from the start, what this means is that if the outcome is a loss and your friend still reimburses the lost money, then if the bet is successful, your friend is entitled to 100% of the winnings. Conversely if your friend simply wants to bet with your money without any discussion about reimbursement, you have the right to withhold the winnings or even give a small portion as you bear the risk if the bet is unsuccessful, so it really depends on the initial agreement.

In such cases, it is necessary to agree in advance and discuss what to do in case of winning or losing.My friends and I also do this: in case of losing, there are no questions asked; in case of winning, the winnings are split 50/50, and this is normal, and no one has any qualms about it, because everything was agreed upon in advance.

It is a realistic situation and if you've got that in betting slip and that guy told you to bet on that and you've won.

That is a way to be grateful for his thoughts but you don't feel bad do you? when that bet has lost, it's always a different situation for each bettor.

There goes the favorable win and that's with the help of someone, and there's the others that don't recognize and are not grateful with such help. You choose, be the villain or the hero.  ::)

The focus is not on the bet, or the sport and or the odds, you should focus on your friend replacing the money you bet or not for the odds that represent your friend, if not then the entire win or loss is yours, but if you replace it at that time then if he wins he must be divided according to the agreement.

There is no need to be complicated in situations like this, just speak openly to him.

What to do first in the situation like this is, first and foremost, if he asks me to stake a dollar for him on the same game I played, he will have to first of all hand over the $1 to me, that will give me the sense that he has already paid for the bet and what ever risk is no longer me taking the risk but him, so if luckily the bet ended up winning, there is absolutely no reason to hold back the profit, I will send it to him right away because he already paid for the bet.

But in a case where he asked me to stake a dollar for him without give me the money immediately, I won't stake a dime for him no matter how strong our relationship is, we will make do of my own winnings if luck smile on me..
Reason for this is because, some gamblers like to use other gamblers in the name of friendship, they ask you to place a bet for them with your own money, they wait for the outcome without paying you, if the bet end up winning, they pay you the initial amount you used to bet on the game for them and collect the big profit from you, but if the game ended up losing, they act as if they never asked you to bet on their behalf and allow the loss to be on you, I will never allow myself to be used that way.

Never lend to a friend, you can give if you generous but its bad idea to lend and risk the loss of a friend.   Thats the unwritten gamble to such a bet and I would advise against taking that poor bet with unfortunately not good odds as so many people awful with money.  Its not a good idea to go down that road as you are not really helping.

Friendship should be held tight and money should not make us to fall victim like a prey that is about to be eaten by a carnivore. Gambling winnings should not allow us to become enemy to our own brother. Any casino of money that could bring problem between us and our friends and family should be avoided because it does not make any sense for us to fight over things that can be resolved not matter the level of extend it might have reached. Life should be peaceful and everything need to be settled amicably.

As for me, I can only answer this easily, hehe. And it goes like, the game came from the OP's friend, so it is normal if he will share something to his friend even the amount is not too much. The OP is only an over or advance thinker for him to come up with those thought when the outcome is not even a win, however if let say the outcome is a win, I think the OP will approach his friend again for another game because he consider it lucky.

This would depend on the relationship and mutual respect between both parties. If that friend has ever been good to me, by treating me to something or just little things here and there, I'd most likely return the favor. Relating it to that bet, if the slip wins and I know they genuinely want to participate but are just being held back by money plus an account, I'd most likely still give them their share of the winnings.

But realistically speaking, we all have the right to consider the risks involved. since you are the one risking the money, you are also the one who will bear the potential losses, it is only natural for you to question whether or not you are "obligated" to give back if you win. There is no hard and fast rule on this since you're just helping, not running an official betting partnership.

Ultimately, I'd look at the relationship. If they're the type of friend who's also nice to me, I'd definitely share without a problem.

This isn't about the guy that shared bookings with op, but his room mate that picked interest in the game and then ask op to stake for him using his own personal money. You know if it's the guy that shared the bookings that would have been a different case but he's actually talking about his room mate that asked him to stake for him not that the money is coming from his pocket but that of op, so if I'm in OP's shoes if I eventually win the game I would share the wining with him but the thing is he won't get the full potential return whatever my mind tells me that's what I will share.

If you ask me having that feelings alone is a feeling of someone who is greedy if not your friend was the one who asked you to stake $1 for him or her if not you bet could have just been a single bet and assuming you lost the bet your friend could have also paid you back so it’s not your risk alone don’t be greedy give the guy part of his own winning.

Some friends are not even worthy of calling them friends because they will always think that they are cheated, but just the way you said you will act towards any of your friends it's a very good approach, that will keep them in their place and know their boundairies and it will also help you to able to detect the bad ones and the good ones.

It is a complex situation but I wonder why you thought of this when you didn't end up winning...well, if he is your friend im sure you guys would work something out if you had won but since the game ended up as a loss did he pay back the money that you borrowed him to place the bet, I'm confused on that part because you didn't really talk about it, for the sake of next time keep your bet account private