My Unconventional Betting Strategy

[Pamadar]

Your friend and you have a wise plan of action (you guys win together and lose together). At least you can both thoroughly evaluate a game before placing a bet on it. I've attempted this type of tactic before (betting with a friend), but we eventually stopped because he tried to introduce greed into the game we won together. He keeps insisting that he analyzes games more thoroughly than I do because of the assumptions, that lead to the end of our joint betting.

While betting with a friend might be enjoyable and reduce losses, I would advise against it if you want to avoid future arguments. The going may initially seem easy, but over time when enormous money keeps rolling in, things start to rocket in a soar manner that you can't explain

Nice overview as it is possible to happen though depends on how both party acts and on your end changes take place. Maybe it may also take place, but if both are good at controlling their emotions.

They can avoid arguing who's going to lead their betting journey, as long as good communication and
both are wiling to adjust, win together or lose together with the same attitude towards, this journey may
last long.

[l3pox]

Many people had a strategy to play with full of his holding money to double it. Some may use to play gambling by using 50 percent of holding money. But my strategy is using the money, which I had afford to loss. That money should not affect the regular way of my life even if I had loss that complete money. If you follow this strategy, you will only enjoy the gambling and get some fun from instead of losing the hope in the gambling. Full loss will gives you negative opinion on gambling.

here's a good example of planning to avoid ruin
if one just give in to their emotions then they'll probably end up losing a lot when the luck tide turns the other way.

better to at least put some thought in the future and consider what will be the outcomes of our present decisions.

[QueenVera]

They say two good heads are better than one, I couldn't agree more. Here's a an unconventional betting strategy that me and my friends have come up with to bet on some of the world cup games. I totally love it because we have cashed out about $1000 since the games began. Also, it minimized the losses and everyone goes home happy.

The strategy -  We created one betting account with a local gambling site prior to the World Cup Games. We all contribute equal amount of money to fund the wallet. And using different analysis we place our bets on at least 3 of the world cup games every day.

For me it has a lot of advantages -

- it minimizes losses
- it reduces the chances of being addicted
- it helps to build bonding. We hang out. We watch the game and we have fun.
- We have a budget and we stick to it. It sorts of builds accountability.

Do you have a unconventional betting strategy that have been working for you? Do Share.

Your strategy isn't a bad one and the hanging out area gave me so much insight and pictures of how that kind of gethering would look like because I have this group of friends of about two and we all love to hangout most days after work and especially weekends for much more longer time of discussion and one thing is the fact that we are ladies who love football and are also football enthusiast which is very uncommon in my local neighborhood and when people see us around they just conclude we are talking nothing but football though we don't gamble or so but I could also remember a day the argument was so heated that we had to bet $50 each and I won but we all soent it together on pizza and some ice cream.

I basically don't let people know I gamble, because it doesn't speak nice of a day in my country, so I just stay low key and do my bettings online and don't even get my friends involved.

[Gozie51]

They say two good heads are better than one, I couldn't agree more.

True but does it have to be in gambling? To me this is risky.

The strategy -  We created one betting account with a local gambling site prior to the World Cup Games. We all contribute equal amount of money to fund the wallet. And using different analysis we place our bets on at least 3 of the world cup games every day.

This kind of business venture might later turn out bad IMO. Usually when you start such it can be sweet because of the gains that come off it but what about when you start making loses because in gambling loses will come too. So have you considered the legal side to this your newly found business venture. You have to understand in partnership you have to write down your agreements that you follow. It may be for the purpose of the world cup that will end soon that you have come together in such a way with your friend but incase don't always have things concerning money and business not put down in pen and paper because there is always a reason why that is needed, just so you can have proves and evidence.

For me it has a lot of advantages -

- it minimizes losses
- it reduces the chances of being addicted
- it helps to build bonding. We hang out. We watch the game and we have fun.
- We have a budget and we stick to it. It sorts of builds accountability.

Do you have a unconventional betting strategy that have been working for you? Do Share.

Truth is that all these are not advantage to that. You can do all those or restrict yourself off them as a single bettor.

[goldkingcoiner]

They say two good heads are better than one, I couldn't agree more. Here's a an unconventional betting strategy that me and my friends have come up with to bet on some of the world cup games. I totally love it because we have cashed out about $1000 since the games began. Also, it minimized the losses and everyone goes home happy.

The strategy -  We created one betting account with a local gambling site prior to the World Cup Games. We all contribute equal amount of money to fund the wallet. And using different analysis we place our bets on at least 3 of the world cup games every day.

For me it has a lot of advantages -

- it minimizes losses
- it reduces the chances of being addicted
- it helps to build bonding. We hang out. We watch the game and we have fun.
- We have a budget and we stick to it. It sorts of builds accountability.

Do you have a unconventional betting strategy that have been working for you? Do Share.

Sorry I do not see your "strategy" working out. If you are hoping to crowd-source the most popular betting choices, you are going to need to be aware that you need much more data input than only from a few friends. And it is completely redundant as well, seeing as you can put together the same data from third party data sources by yourself.

And putting all the money into one wallet? Who is going to maintain the wallet? Why do we need to trust someone else to hold our funds? Sounds sketchy.

The advantages are non existant, as it would seem to me. You have failed to even explain how those advantages would come about.

[Blawpaw]

They say two good heads are better than one, I couldn't agree more. Here's a an unconventional betting strategy that me and my friends have come up with to bet on some of the world cup games. I totally love it because we have cashed out about $1000 since the games began. Also, it minimized the losses and everyone goes home happy.

The strategy -  We created one betting account with a local gambling site prior to the World Cup Games. We all contribute equal amount of money to fund the wallet. And using different analysis we place our bets on at least 3 of the world cup games every day.

For me it has a lot of advantages -

- it minimizes losses
- it reduces the chances of being addicted
- it helps to build bonding. We hang out. We watch the game and we have fun.
- We have a budget and we stick to it. It sorts of builds accountability.

Do you have a unconventional betting strategy that have been working for you? Do Share.

I did not understand what was the strategy you usedto stay on the profits. You basically told us how you and your friends organize to bet in a joint effort but you did not explained what sort of strategy were you using. Do you look for valuable odds or do you bet on ongoing games with the most possible outcome? So, when you are placing the bets what matters the most for you guys_

[Kasabus]

Do you have a unconventional betting strategy that have been working for you? Do Share.

First, it is a good thing to have our friend in a gambling engagement, what more exciting is that the strategy is discussed among friends and comes up with the best possible result of the match, more heads are indeed better than one, especially since all heads are sports savvy.

As for me, I only gamble alone since I like slots game and rarely bet on sports so I don't have any unconventional betting strategy.

Well, for me I love sportsbetting but i still prefer to gamble alone, maybe because I’m not comfortable and even used to gamble with the money I don’t solely own. But good thing for you, you have some friends to share your common interest and bet in gambling. That makes winning chances high because of shared analysis, but I’m also having fears once the loss consistently happened, I doubt if you will still decide to gamble as a group.

[Vaculin]

Pool betting among your friends is good if you have developed a deep and long relationship that all of you will not be hurt by wrong decisions and partitions of bets, I don't do this I prefer to bet on my own so I can bet what I want to bet and enjoy the game and results because I know that I decide it on my own especially for sports betting when there are teams or fighters with equal skills and strength but if you want to make money and all of you are supporters and bettors of one sports and good in analysis then this is a good strategy.
The most important is you will all accept the outcome.

This strategy will certainly work if the rest of your friends are into common beliefs and interest, and no one will contradict one’s bet and analysis, as everyone works as a team. That would be more fun gambling with your friends, the bond is more than enough than money and profits. But it’s not what I experienced in gambling, I gamble alone following my own bet and analysis, and I only meet some new friends there gambling for fun and profits too.

[Jemzx00]

I find it quite strange that this thread is receiving much more positive replies compared to that one thread which discussed a gambler having a joint account with his friend but later on parting ways with him after winning a huge amount and soloed all the winnings.

But, yeah, this way has a lot of pros especially if both parties are in agreement with all the bets that will be made on the account. I, myself, do this method with one of my friends to be able to play more games and have much better data and knowledge on a game that we both know. Also, we are able to bet on games that only one of us knows, this way, we will be able to spread more bets on different games.

Still, it should only be done with someone you know and trust as you might end up getting greedy and run away with all the funds by yourself. Right now, we are discussing with more of our group to have a much larger bankroll to bet on another account.

[serjent05]

They say two good heads are better than one, I couldn't agree more.

True but does it have to be in gambling? To me this is risky.

It doesn't say that it is forbidden to be applied in gambling though.  Besides, everything has its risk.

The strategy -  We created one betting account with a local gambling site prior to the World Cup Games. We all contribute equal amount of money to fund the wallet. And using different analysis we place our bets on at least 3 of the world cup games every day.

This kind of business venture might later turn out bad IMO. Usually when you start such it can be sweet because of the gains that come off it but what about when you start making loses because in gambling loses will come too. So have you considered the legal side to this your newly found business venture. You have to understand in partnership you have to write down your agreements that you follow. It may be for the purpose of the world cup that will end soon that you have come together in such a way with your friend but incase don't always have things concerning money and business not put down in pen and paper because there is always a reason why that is needed, just so you can have proves and evidence.

There is a possibility but as long as the individual knows what they are doing and the risk involved, they can accept whatever the result of their strategy. I am sure they know each other and all have access to the account.  The deposit and withdrawal of the fund are probably in real time where they are present and the distribution of profit is right after the bet.  Unless someone is nefarious enough to backstab their friends, I think this venture will be fine.  Besides legal binding doesn't ensure that someone will not betray their friend.

[rahmad2nd]

Your friend and you have a wise plan of action (you guys win together and lose together). At least you can both thoroughly evaluate a game before placing a bet on it. I've attempted this type of tactic before (betting with a friend), but we eventually stopped because he tried to introduce greed into the game we won together. He keeps insisting that he analyzes games more thoroughly than I do because of the assumptions, that lead to the end of our joint betting.

While betting with a friend might be enjoyable and reduce losses, I would advise against it if you want to avoid future arguments. The going may initially seem easy, but over time when enormous money keeps rolling in, things start to rocket in a soar manner that you can't explain

However, fortunately in this case Op's target was a gamble on the Qatar world cup. however, if it continues to the league competitions. it can be possible what happened to your experience, it can also happen to Op and his friends later. it's just that in this case, and even then if you always get lucky. but the fact is, despite betting only three games, as Op explained. does not guarantee that it will always win, even though it involves a lot of heads trying to analyze it.

Football is not just talking based on paper and statistics. but often, what happens on the field when the game is running is different from what we have analyzed before. and this is proven, in the world cup this time there were many surprises.  nevertheless, I agree with what you say. things like this can cause disputes in the future. however, I don't wish that to happen to the Op, and must nevertheless wish them good luck and cheers while this world cup event is still going on.

[harizen]

What I have put in bold is a confirmation bias. You have cashed out $1k in the same way you could have cashed out betting alone.

The cashout money won't be the same because the risk-money or the amount put on the bet is different if OP instead bets alone compare to when he shared his bankroll with his friend. Generally, because of their joined money, they are able to bet more passing the limit of their own supposed affordable amount. Although yes, OP has a chance to win alone.

We also have to point out that OP and his friend shared analysis with each other forming a final decision on what or where should they bet that's why we aren't sure if OP will have the same winning result if he decides on his own.

Well then, what matters here is, they have won already at this point. Of course, others should not think that they will have the same good result by doing such a way of cooperating with friends every time. It's no different from betting alone and we are talking about gambling here.

[BitDane]

They say two good heads are better than one, I couldn't agree more. Here's a an unconventional betting strategy that me and my friends have come up with to bet on some of the world cup games. I totally love it because we have cashed out about $1000 since the games began.

What I have put in bold is a confirmation bias. You have cashed out $1k in the same way you could have cashed out betting alone.

True if OP has the capacity and brave enough to risk that huge amount of money.  Remember the win is from the shared amount of money and the bet might be lower if it was done alone.

There are lots of aspects to consider here like @harizen stated.

Also, it minimized the losses and everyone goes home happy.
...
For me it has a lot of advantages -

- it minimizes losses

No, it does not minimize them, especially if we talk in percentage terms. If the RTP is 95%, whether you bet with your friends or alone, whether you bet $1k or $1M, the return is 95%. If you mean in absolute terms, how much cash you lose, of course, you lose less in relation to the bet you and your friends have made, but because if you win you will win less too.

It does minimize the losses because the bankroll is being filled up by more than 1 person.  Imagine if there is $1000 bankroll filled alone by 1 person, and lost the amount.  The impact to his financial status is negative $1000  while when that $1000 is the total fund shared by 4 individual and lost, the only impact to the person is only $250 not $1000.  Advantages always had its disadvantage.  With lower losses comes lower profit since the winnings is also shared by all individual.