Friendly wagers in Bitcointalk

[GxSTxV]

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.

[1714591495]

1714591495

[dothebeats]

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.

[Wiwo]

This may not be too different from the various pools that we use to have here in the forum,  but your idea seems to be a bit different I don't know how other members may see this but for me I may have to point out a few things that you need to address which is not included in your writing.

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.

You Can take a look at this thread,  may be you can have a better understanding of what I am saying in terms of organization of the game as you said.
https://bitcointalk.org/index.php?topic=5408229.0

[harizen]

We do have some friendly betting here. You won't just see it having its own thread because it can be done simply on a discussion thread.

Referring to my personal experience, I already engaged in friendly bets on these threads several times already:
https://bitcointalk.org/index.php?topic=1220979.0
https://bitcointalk.org/index.php?topic=5169983.0

Also in our local section too.

I even opened up a friendly match before in Mobile Legends:
https://bitcointalk.org/index.php?topic=2773081

It should be a fun thing only with small amounts and hopefully everyone keeps his word,

Why not give it a try? You should be the one to start at your preferred thread.

Take note, Please limit your circle to within those regular lurkers on that thread especially if you are dealing with an inactive user.

[Hispo]

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.

In my opinion, if it became a regular practice (even with relatively small amounts) it could help for this section to realize who is to be trusted or not.
Have you ever taken a look at the Collectible Section of the forum? Those who engage there have positive trust and feedback and it may be one of the communities here where the most trusted users interact with one another.  It would be positive if something like that happened here, sure it would be more likely someone could end up not paying their debt, but that is exactly what the trust system is for.

As time passes, we could have a very clear idea on who to bet with and for how much. It is also unlikely someone who is engaged in a signature campaign would risk to be tagged as a defaulter because of a relatively small bet, and those big enough can always get escrow.

But would not this section need an additional sub-section where people can set their addresses and terms of the bet, as it is usually done in the lending/borrowing section?

[Cantsay]

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.

If you check the gambling board you’ll see that there’s a thread where users wager on their Fantasy’s premier league, It’s been managed by some reputable forum member and it also includes my campaign manager and the user that’s manger the Op signature campaign but I doubt it’s open for everyone though, but at the start of this premier league season we received an invitation to join but I decided not to join because I didn’t pay much attention to my Fantasy Premier League team which means I’m in no position to compete with anyone.

If you feel like you want to run a bet with someone on a specific sport with forum members you can do it but the only issue is the pool funds, it’s either you’ll look for a casino here in the forum that supports your idea to sponsor it or you’ll just use the money of those that are interested in betting in your little game. Btw, it’s not against the rule.

[Slow death]

From what I've seen, there's something similar in this section, but the problem with this idea you gave is that if all the members of the forum were betting against each other, this would take customers away from the casinos, so it wouldn't make much sense to have the casino. The function of the casino is precisely to be a means in which people can place bets and the casino guarantees that if these people get it right, they will be paid what is their right, but here on the forum it is not a place licensed to be a gambling platform and there will be no one to guarantee that everyone will receive it when they win, so as you can see there are 2 problems with your idea

but the biggest problem with your idea is the issue of license, using the forum as a sports betting platform would require the forum to have a gambling license, and I don't know of any forum where it is a forum and at the same time have a gambling license. other things and that the market would be very limited, for example if there was a real madrid game against barcelona, if you tell people to place bets on this forum for this real madrid game against barcelona, then all people will have as an option to bet will be on betting which team will win

but in the casino people will be able to bet on various markets such as over and under goals, cards, corners, who will win in the 1 half, who will score a goal first, who will score a corner first. So there are many options to bet on this Real Madrid game against Barcelona, but all these options I mentioned will not be available here on the forum. that's why I see your idea being difficult to implement without causing problems and constraints

[livingfree]

IIRC, there have been something like this before but I don't know the stats on how many were successful and not.

I also don't think that there's a rule to break on this one as there have been organized betting that has been made specifically on this section. Someone may try to organize this type of betting when they're too firm with their opinions and put it up as a bet.

It's like on who's proving to be better on analysis with the games that they're following. But yes, just make it friendly and not that much to bet with. We used to have this type of betting IRL.

[dothebeats]

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.

In my opinion, if it became a regular practice (even with relatively small amounts) it could help for this section to realize who is to be trusted or not.
Have you ever taken a look at the Collectible Section of the forum? Those who engage there have positive trust and feedback and it may be one of the communities here where the most trusted users interact with one another.  It would be positive if something like that happened here, sure it would be more likely someone could end up not paying their debt, but that is exactly what the trust system is for.

I've seen a lot of regular collectibles folks that underdelivered or never delivered goods at all. The thing is, you'll never know who to fully trust as some people are just trying to build their reputation to hopefully jump on to bigger figures, and that's when they'll disappear.

As time passes, we could have a very clear idea on who to bet with and for how much. It is also unlikely someone who is engaged in a signature campaign would risk to be tagged as a defaulter because of a relatively small bet, and those big enough can always get escrow.

It could be used for small amounts, but I'll be wary in trying to deal with someone with huge bets. That, perhaps, will be something that can be handled by an escrow should this come to fruition (hopefully).

But would not this section need an additional sub-section where people can set their addresses and terms of the bet, as it is usually done in the lending/borrowing section?

It could just be another thread wherein people can stake their 'gambling' address to, similar to the one in the Meta section of this forum. I doubt theymos will ever consider creating a sub-forum dedicated to just this one thing.

[Darker45]

It would be fun. I oftentimes challenge others to a bet whenever disagreements arise, not just in sports but in almost all things. And I'm also often challenged this way. I guess this has kind of become a culture here in my country. Ever since I was a child, many disagreements, even in a quiz or an exam item at school, ended up in a bet.

But the problem, however, when it comes to sports disagreements is that odds are available. To somebody who favors the favorite team with lower odds, say, 1.50, it would be to his/her advantage to challenge for a bet. But to the other who sides with the underdog that has odds of, say, 2.90, he/she better bet through a platform.

[len01]

I fully support this idea with a very small amount and I would also agree with what @Hispo said if events like that were regularly held but still with small numbers so that anyone could take part in this event.

I know that there are actually several trusted members here who hold events like this, but as I can see the betting amounts are a little bigger.

I even opened up a friendly match before in Mobile Legends:
https://bitcointalk.org/index.php?topic=2773081

btw, do you have plans to open this event again? maybe I can be your challenger and for now I have a team in this game. hopefully we have an agreement

[Oshosondy]

What do you think about this? I hope it’s not breaking any rules here.

I have not seen something like this before but I have thought about it before. Some gambling sites would have wanted to do something like that but probably they know that it is not going to make them the profit they want. Because on the gambling site, the gambling site can make money for the service rendered for the bet two people are betting between themselves, but maybe it is not going to be profitable like the way it is on the gambling sites now. If I can see something like this on a reputable casino or bookie, I will try it and see how it is.

[danherbias07]

Trust issues will be the problem, this could spark a scam. That's why it's just better to do it with a sports betting site.

But there could be ways it could be done like escrow. Although, you said it's just small money so I don't think it is worth it. Maybe a list of the people who will just gamble with other members of the forum is better but like I said it could still lead to a scam especially when the bet gets higher as time flies by.
The good part about betting against each other is there's no handicap included most of the time. For example in basketball, if a gambler is so sure that his team will win the game then he could just directly bet against those who oppose him. I've done it before but not in this forum but with neighbors. Although I know the team I am rooting for is the favorite and want to give a plus to my neighbor as his team is the underdog, he didn't take it and just wanted a direct bet. He actually won though and I am surprised then we had fun discussing about the game.

[Mr. Magkaisa]

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.

      -    I don't see anything wrong with you thinking this, mate, and I also think it has been done before here on the forum in the gambling discussion as well. I guess it's like extra entertainment while gambling, right? And I also think that's okay for gamblers who like sports bets.
I'm not so fond of sports betting right now. Because I'm not that familiar with the sports teams you're talking about.

Right now, I often only play slot games when I have an allocation budget for gambling. But I have read many such betting games here in the forum, where the members here are the ones who bet in different locales.

[Strongkored]

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.

I can understand what you mean. so this will be a bet per match only, Every time the match is finished the winner of the bet will immediately receive the prize, the problem is that it will be constrained by network fees because you said this is only a small bet, and if the prizes are distributed at the end of the season then the constraints will be on the players who for each match you have to spend money for network fees, especially the members who are admins of your idea must be those who are highly trusted and will pay the prizes on time.
What is being done in several threads pools such as the EPL, Laliga, Serie A, and Champions League where the fee is paid once and the winner is awarded at the end of the season is very good, and apart from the current system in my opinion there is no better system that can compete with it.

[coin-investor]

. 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.

I've already done this and continue doing this with my relatives from abroad and my social media friends It's fun because you know who you're betting against and it's a very friendly bet I haven't tried it here on Bitcointalk although there are already threads here Bitcointalk, it encourages camaraderie among us and we'll know who among us are good in the sports we are betting.
I prefer to bet on my friends whom I personally meet because I know their capability to analyze the game sometimes I end up winning but we end up having a drink and the one who loses the bet pays for the drinks.

[Wind_FURY]

I believe another fun and friendly wagers that can be done in BitcoinTalk would be between those "technical analysis experts" in the Speculation Subforum, to see if they truly are willing to bet in their price predictions. To be frank, I think none of them trade cryptocurrencies with large amounts of volume. The real whalecumulators of BitcoinTalk are probably just quiet or act in a trollish manner maybe.

[CODE200]

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.

This sounds really fun. I actually enjoys friendly wagers with my relatives and friends, especially in sports because we're a huge fan of volleyball and basketball. This is actually a habit that we practice every time the team that we are rooting is playing.

Trust issues will be the problem, this could spark a scam. That's why it's just better to do it with a sports betting site.

Agree on this also. It may sounds fun and entertaining but at the same time I find it risky since it lacks security and protection. It may be just small amount but still, we are talking about money so safety precautions should be done and observed.

[bittraffic]

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.

[Aanuoluwatofunmi]

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 possible and if you think there shall be coordination and trust then why not give a try, such can be posted on games and round, but I don't know the rate at which gamblers on this forum will be interested in that honestly because most were already attached to their own normal way of gambling, then also , will you be the one coordinating the whole thing, do you actually have an idea on what it takes to start one.