Friendly wagers in Bitcointalk

[GxSTxV]

it's just that there isn't a lot of trusting going on these days between the members that aren't as established compared to the old heads here.

That’s why i think it’s should be done with someone you know before and trust, a user with some positive trades and history and after all it’s only a friendly bet there’s no harm when the other part doesn’t pay as promised and people will only avoid betting with him. I agree that old days here were better and there was more trust between users.

1: how are members going to stake on those predictions,  are we going to have a dedicated address where the the fees to take part in the prediction going to be send to and payment going out to the winner from same address in form of escrow wallet for this game.
https://bitcointalk.org/index.php?topic=5408229.0

It won’t be organized or anything like an official contest or competition, there’s no need to stake or use an escrow for a friendly wager, both users agree to bet against each other in a football match or any event then the loser pay the other after results come out.

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[dimonstration]

It should be a fun thing only with small amounts and hopefully everyone keeps his word, I know many people would say that it’s better to just bet on a casino but I think it’s more fun here and also sometimes you can agree on better returns.
What do you think about this? I hope it’s not breaking any rules here.

It’s really fun if you stumble on a user that has a sense of sportsmanship but most of the user especially on gambling discussion board specifically on sports thread doesn’t pay importance to all their opinion and analysis since they only post for signature requirements.

You can find a lot of friendly wager on a competition thread organized by sportsbet since participants in there usually want to have side bets compared on the general discussion thread that most of the user doesn’t really gambling at all and only watch sports.

[mindrust]

I’ve seen it happening numerous times before. You probably missed them friendly bets since they happen rarely and that’s why you think it is not happening. You need to read the whole forum to catch these rare events and it is not an easy task obviously. Sometimes the loser doesn’t pay, sometimes they do. I think I’ve seen both. People usually bet on the future price of bitcoin, the next US president and the next WC winner. You can follow the wall observer thread for the price action discussions and the gambling sub forum for the other topics.

[cabron]

Forget friendly wagers, because it will be abused by more people who are already abusing casinos. They were even abusing casinos which their activity could be traced, all the more with friendly wagers that doesn't have anything to hold.

Just screenshot your bets from bookmakers site and post on the thread. That\s what they do in the sports betting threads to every sports thread. SO if you disagree to the opinion of someone which he chose the other team, then chose yours and post your screenshot on the thread.

[maydna]

You can only do it with people you trust because we are here to place bets and must agree to bet. There should be someone who will hold the money while you and others bet so that whoever wins the money will be sent to the winner. But you or they can send the money to whoever wins.

Perhaps you think it's fun, but I prefer to keep gambling in casinos. This is something new on this forum. You can try it with friends you already know well, and it's possible to do it with friends on this forum. But it would be more fun if it was done offline with our close friends, especially since we know them well so that we can trust each other.

[rhomelmabini]

It should be a fun thing only with small amounts and hopefully everyone keeps his word, I know many people would say that it’s better to just bet on a casino but I think it’s more fun here and also sometimes you can agree on better returns.
What do you think about this? I hope it’s not breaking any rules here.

For sure it's fun but wouldn't do it unless I trust that user tbh or there's no escrow to trust. Well, it's not that bad of an idea and can be done on the right board and there should be a rules set to not be abused especially by newbies. We can still see those who are regulars here but always check if they are to be trusted before placing a bet on them, just to be safe.

[Sanitough]

I find it easier and safer to place my bets on casinos or sportsbooks. I have also engaged in friendly bets before, but only if the betting lines aren't available. I believe it would be more ideal to have a tournament-style betting system where the winner takes all; this would likely attract more bettors. I'm specifically referring to some betting threads that are run by reputable forum users. You simply put in your registration fee and choose your bet, and in the end, there's only one winner who takes home a substantial amount of money.

Well, your idea is good as well, but based on my observations and experience, it's not as attractive as you might think. Friendly wagers, for me, are more applicable in real-life situations, not in the online world, especially in a forum where users are anonymous.

[OgNasty]

Friendly bets are always fun on bitcointalk but they are usually done for things that a casino couldn’t be used for. Members would also be wise to use escrow in these situations. If you’re just making a small sports bet, I would stick to using the typical online casinos that you can find in people’s signatures here as opposed to trying to find someone to bet against.

[Mahanton]

As a regular poster in the gambling discussion section here and also a big sports fan, I frequently engage in bets with my friends and relatives on many occasions and sport events. For example last week my cousin insists that Haaland will win the upcoming Ballon d'Or award, while I'm also confident that Messi will secure his 8th trophy easily in this edition.
From that I noticed that we don’t have any friendly wagers here in gambling section which I haven't observed before, So let me give you an example of what we can establish if you like it:
So by following several sport threads here such as LaLiga. Lets say one user posted his opinion and analysis about the next match between RMA against RSO and he thinks that RMA won’t win that match, another user reply to him and disagree with him…. From that both users can agree to do a friendly wager or a bet between each other and set a value for the bet, and after the match is over the user who lost that bet should pay up to what they both agreed on.

It should be a fun thing only with small amounts and hopefully everyone keeps his word, I know many people would say that it’s better to just bet on a casino but I think it’s more fun here and also sometimes you can agree on better returns.
What do you think about this? I hope it’s not breaking any rules here.

Its possible but it is something that would really be ensuring out or would really be assuring that you would really be able to get those winnings if ever you would really be that making some friendly bets here on this forum.
Yes, we are indeed a community but when it comes to money then it is really that hard to trust and make yourself have some deals with other people because you wont know if they would really be paying up on the time that they have lost a bet. This is why it wont really be shocking that they would really be that rather going into a sportsbetting site rather than on betting against other people because you would really be just finding yourself that disappointed if ever someones hadnt really be able to pay up even they do lost. This is why we cant really be that able to possibly make out some bets on this forum or this place unless if you both
are really that able to meet up or friend in real life or physical then you would really be able to make those kind of betting but in other people which you dont know or even met?
It is impossible but well i cant really say for 100% because there would be ones that they will really be sticking into their word.

[famososMuertos]

As a regular poster in the gambling discussion section here and also a big sports fan, I frequently engage in bets with my friends and relatives on many occasions and sport events. For example last week my cousin insists that Haaland will win the upcoming Ballon d'Or award, while I'm also confident that Messi will secure his 8th trophy easily in this edition.
From that I noticed that we don’t have any friendly wagers here in gambling section which I haven't observed before, So let me give you an example of what we can establish if you like it:
So by following several sport threads here such as LaLiga. Lets say one user posted his opinion and analysis about the next match between RMA against RSO and he thinks that RMA won’t win that match, another user reply to him and disagree with him…. From that both users can agree to do a friendly wager or a bet between each other and set a value for the bet, and after the match is over the user who lost that bet should pay up to what they both agreed on.

It should be a fun thing only with small amounts and hopefully everyone keeps his word, I know many people would say that it’s better to just bet on a casino but I think it’s more fun here and also sometimes you can agree on better returns.
What do you think about this? I hope it’s not breaking any rules here.

Really! It's just that you mention that you are a regular on the betting board, therefore you should know that an alternative to what you want is a Pool, they are fun and you place a only buyin and you can have fun for months, I have been to some not all but let's say that there you can share your skills with other players.

On the other hand, if you want, I will accept any bets you want to offer me without exceeding 1 mbtc, in soccer, I would like the one about who wins the Ballon d'Or, without escrow, or if you wish we can look for one.

Open a thread in the games and rounds section, and you are the referee, it is probably not that complicated but it will entail time and many responsibilities.

There is also currently the BSFL, you can include yourself there. It's a lot of spoiler for the pools but it's really what it is, right?.

[mirakal]

I think it's happening every now and then that members here are betting against each other for a particular outcome of a match. It doesn't break any rules, even if the members decide not to pay each other up. You can use escrow to hold the bets until the game is done to help settle the win/lose so there's that. Anyway going back, this can be done, it's just that there isn't a lot of trusting going on these days between the members that aren't as established compared to the old heads here.

True. Members are actually betting with each other especially if both are actually fond on the same sports, so they agree with an amount that one is capable to pay when lose. However, this only happens if both have known each other in the forum well. Otherwise, there will surely be trust issues, as some may only appear good and honest when they are still betting, but when they start losing from their bet, then they suddenly vanish like thin air and it’s like there’s no betting that is happening at all. So if you are too trusting to other members, you will be taken advantage for sure.

[Hispo]

There is a distrust among internet users. No trust even when they see each other's faces on facebook. There will be the need of escrow for anything like this. Its just needed as not everyone keep their word.

Friendly wagers are great only if they wager something less valuable like memecoins like SHIB, 100K SHIB is nothing worth of but that might just work for friendly wagers and no friendship will turn south and no one gets red trust.

If the amount is the correct , there would be very few people who would rather to lose their account reputation instead paying some few bucks to someone who won a bet. It is a matter of common sense, in my opinion.

Here in the gambling section of the forum there are folks who have even acquired debt in the forum without collateral for hundreds of dollars in value and if they pay it, I do not see any problem with them managing 5$ in debt with another member.

But I understand what you mean, though. I cant blame anyone if they prefer to bet on reputable casinos and not having to sweat over thinking they gonna get paid or not.

[yahoo62278]

I would consider an escrow for something like this as you will likely find that some may welch on their bet with you. Using an escrow stops this from being able to happen. If you do not want to go the escrow route, I would say only accept a bet from someone who you trust explicitly..

[alegotardo]

It should be a fun thing only with small amounts and hopefully everyone keeps his word, I know many people would say that it’s better to just bet on a casino but I think it’s more fun here and also sometimes you can agree on better returns.

In fact, this would be a very interesting type of bet, perhaps some casino owners don't like the idea, as they prefer bets to be placed on their websites.

However, I believe that for this to work we should have at least a system to control this, from advance deposits (to prevent scammers or profiteers), control of bets placed (see the amount collected), and subsequent distribution to winners after the achievement of results.

I believe it would even be possible to develop a bot to monitor posts here on bitcointalk and automate some processes.

Congratulations on the idea, I support it, but in fact there is no way to do this without automated control and some scrows to give reliability to this system.

[ralle14]

The closest thing i've experienced to a friendly wager was the prediction pools that well-known users host before the start of the season, and sometimes you'll see a few users engage with friendly bets.

In fact, this would be a very interesting type of bet, perhaps some casino owners don't like the idea, as they prefer bets to be placed on their websites.

However, I believe that for this to work we should have at least a system to control this, from advance deposits (to prevent scammers or profiteers), control of bets placed (see the amount collected), and subsequent distribution to winners after the achievement of results.

I believe it would even be possible to develop a bot to monitor posts here on bitcointalk and automate some processes.

Congratulations on the idea, I support it, but in fact there is no way to do this without automated control and some scrows to give reliability to this system.

The sportsbooks don't want to miss out on potential profits, and they won't like it once they see gamblers bet directly against one another.

If these friendly wagers become a regular thing, it might be worth having a system to avoid having a bad experience, but most of them are a one-and-done bet, and the amount risked isn't a lot compared to what we see in sportsbooks.

[Oasisman]

It should be a fun thing only with small amounts and hopefully everyone keeps his word, I know many people would say that it’s better to just bet on a casino but I think it’s more fun here and also sometimes you can agree on better returns.
What do you think about this? I hope it’s not breaking any rules here.

There are already users who's doing it here, but not with a noticeable number. I can't provide a link to that discussions but I swear I've seen a couple, not sure if this was here or in the local board.
Not a bad idea though since there are several sports fans around here who supports different teams. It's actually fun to think that every bet will be supported with analysis. It may help to better understand how the opposing team plays as we might probably biased with our favourite teams. It could also help us in deciding with our bets from the sport bookies.

[Webetcoins]

This is doable and there should be no problems in that, as long as there is a middleman used as an escrow to keep the funds from both users. If you and I want to make a friendly bet on a match, we decide to have a bet of $50, for example, so we both send $50 to the escrow and he keeps the money for us, and once the match is settled and the result is out, the escrow sends the money to the winner and makes an announcement in the thread where it started.

However, this thing is easier if it's done in real life with people who live with you or around and people that you trust so that you guys can do it more efficiently and face no problems. You also won't need to pay anyone to be the escrow since you guys can collect the cash and keep it in front of you while watching the game and then the winner should take it.

[bisdak40]

It should be a fun thing only with small amounts and hopefully everyone keeps his word, I know many people would say that it’s better to just bet on a casino but I think it’s more fun here and also sometimes you can agree on better returns.
What do you think about this? I hope it’s not breaking any rules here.

We have some P2P betting on our local especially if it's in the finals of our national basketball League and yeah it's fun and so far we have not encountered any problems on doing that, losers not paying, or not heard that we have broken some rules in the forum but usually we bet on the bookies as it is the very convenient and safest way to bet and not worry if your opponent will pay you or not.

[Yogee]

it's just that there isn't a lot of trusting going on these days between the members that aren't as established compared to the old heads here.

That’s why i think it’s should be done with someone you know before and trust, a user with some positive trades and history and after all it’s only a friendly bet there’s no harm when the other part doesn’t pay as promised and people will only avoid betting with him. I agree that old days here were better and there was more trust between users.

What constitutes a friendly bet? The winning party always expects payment no matter how friendly the bet is and things could easily turn ugly when the loser doesn't fulfill his end of the deal. I know relationships in real life ruined because of this.

It's just too much of a hassle for me. Why bother to go through it when there are plenty of bookies that are more convenient to use.

[Wiwo]

it's just that there isn't a lot of trusting going on these days between the members that aren't as established compared to the old heads here.

That’s why i think it’s should be done with someone you know before and trust, a user with some positive trades and history and after all it’s only a friendly bet there’s no harm when the other part doesn’t pay as promised and people will only avoid betting with him. I agree that old days here were better and there was more trust between users.

What constitutes a friendly bet? The winning party always expects payment no matter how friendly the bet is and things could easily turn ugly when the loser doesn't fulfill his end of the deal. I know relationships in real life ruined because of this.

It's just too much of a hassle for me. Why bother to go through it when there are plenty of bookies that are more convenient to use.

I bet to avoid such ugly scenarios that is why we proposed an escrow for the bet,  since it call friendly it may turn out that the other party will not want to keep to their own end of the bargain since it just a friendly bet.

But to give it some such of credibility,  the escrow will allow for such a guarantee that the winner will be getting his rewards,  and this is what will sustain the bet for the long term,  knowing that you get your payment when you make a winning.