Can you stake it all put of over confidence in your club

[Stable090]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

Seriously i will never take that kind of risk, even if am Manchester United fans. Seriously I lost money on the bet because even before the match started, I had confidence that Liverpool will win the match, so I placed bet that Liverpool was going to win, I never expected Manchester United to play incredibly well in the match. Whenever am gambling even when am confident about the bet, I don’t gamble on it beyond my limit, I can’t risk the amount which if I lose it’s going to affect me, your friend was lucky things went well for him, but he should know that he won’t be lucky always, and the risk which he took was just too much, no one believed Manchester United will win the match.

[Zoomic]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

Seriously i will never take that kind of risk, even if am Manchester United fans. Seriously I lost money on the bet because even before the match started, I had confidence that Liverpool will win the match, so I placed bet that Liverpool was going to win, I never expected Manchester United to play incredibly well in the match. Whenever am gambling even when am confident about the bet, I don’t gamble on it beyond my limit, I can’t risk the amount which if I lose it’s going to affect me, your friend was lucky things went well for him, but he should know that he won’t be lucky always, and the risk which he took was just too much, no one believed Manchester United will win the match.

This is what makes gambling interesting,  sometimes you can never predict rightly because events can take a different turn. Whenever I place bets, I try as much as possible to be objective.  My confidence should be base on the facts I have on ground which will help me make good analysis irrespective of the club I love the most.  I am a Manchester United fan too but most times,  I bet in favour of other clubs to win because I already know about the strengths and weaknesses of these teams, except I am just gambling for fun then I'll ignore all facts in front of me and still bet in favour of my favourite team to win.

There is nothing wrong in being over confident,  being less confident doesn't guarantee your winning either. If you are convinced that your favourite team will deliver the job, then you are free to stake any amount on them, but just be certain you are not gambling out of sentiments.

[Stepstowealth]

Can any one do this or was it a foolish move?

Staking all on your club as a result of the confidence will be a terrible thing to do because you are clearly allowing your emotions to affect your judgement. Emotions is also not too good for gambling just as it is not good for trading. If the love and support you have for a club is affecting your decision making on them when gambling, then avoid it. Make selections with other clubs, exclude your team.

[bitpotter]

Actually in this case my opinion will be that overconfidence is never be good for anyone. I have also lost my bets many time for only my overconfidence on that match. And it is obviously a foolish work if anyone stake all put of our confidence in any club. But here we may also be wrong that what we think is over confidence may not be over confidence because people place their bets from a prediction of their own.

Usually this happens because bettors often get profits when betting on their favorite club and it is natural for them to trust that club again. There is nothing wrong with that, but sometimes the results can be beyond predictions and even cause losses. There should be no need to put all your stakes on one match because who knows, the previous win was just luck. So while you can, you have to stay alert and don't use up all the existing stake.

[Jaycoinz]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

I think am also a gambler who loves trying out something like this and I have done this one or two times and the latest I could remember would be the game between Leipzig and Real Madrid in the champions league which Madrid a very big due to the fact that belenham was injured and couldn't play and the bookmakers actually gave Madrid 2.0 to win that game so I decided to play it because I was certain with ma research that they would definitely win the game despite belenham not featuring in the game.

[darkangel11]

I had that at a time when I used to be a fan of my national team, but they were so bad over the years that I no longer bet on them. So there was this one time, I don't remember if it was Euro or World cup but it was like 15 years ago and we all knew our team was going to suck, but we bet on it anyway because it felt weird not to and they lost 3 out of 4 matches in the league, so all of my friends lost money, but it was fun we will remember it forever. Congratulations to your friend he showed dedication and got rewarded for it. I wouldn't bet 5k though, that's too much.

[goaldigger]

Can any one do this or was it a foolish move?

Staking all on your club as a result of the confidence will be a terrible thing to do because you are clearly allowing your emotions to affect your judgement. Emotions is also not too good for gambling just as it is not good for trading. If the love and support you have for a club is affecting your decision making on them when gambling, then avoid it. Make selections with other clubs, exclude your team.

This is also my thought and you are betting based on your guts and not based on supported facts. He got lucky to have that win but don’t expect that to happen every time with your favorite team. I don’t bet that much especially if the odds is not that convincing even if its my favorite team. The risk you are taking is very high, make sure that you are ready for the possible result and know how to handle it if the result is negative.

[South Park]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

It was a foolish move, regardless of the skill of the players on a team or their chemistry, the risk always exist they can lose even against a team that on paper will seem to be many times inferior to it, and those upsets are not that rare since this happens in all sports, so betting such an amount of money out of an impulse just because you trust your favorite team, cannot be described in any other way as an irresponsible decision, since 5k is quite a lot of money to risk in a single bet.

[Fivestar4everMVP]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

I would say with all honesty that that move was not just a foolish move, it was absolutely and extra foolish move, but thank goodness it turned out well for him.
I think many a times, many people out of showing support for their favorite football club or any sports team, take really nasty and uncalculated risk which if lost, the person might end up landing him or her self in the hospital out of shock, disappointed and depression.

The last time I showed over confidence in a football team and stake $3000, my business money as well as my entire savings, I landed myself in the hospital, I would have died because the trauma of that lost was so heavy on me, I never did expected that there could be any possibility that I would lose that money, I believed it to be a very easy win for me, and the most painful part is that, its even with a very low odds, but sure luck wasn't on my side, the team I showed full confidence in lost the match, and that was how I lost a whopping $3000, I didn't gambling for over 11 months after I got discharged from the hospital, and I promised myself never to make such silly mistake again, as to allowing my confidence in any team or club; drive me into betting more than what I can afford to lose.

[borovichok]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

I am a die-hard Arsenal fan and always play Arsenal on my ticket. This is because of the passion for the team. To me, this is a way to show my support for the team. Even when Arsenal don’t win, I am not worried about my stake. My concern is that my team lost and that forms the basis for my worry and not the money I lost.

In my opinion, this is not a foolish move. If it is then gambling itself is foolish because you don’t know what the outcome would be. It is very common to see the uncommon happen in gambling. I always tell my friends to follow their minds because statistics don’t work in gambling. Every game comes with its risk so relying on previous games to make decisions might be misleading. For instance, maybe the previous game was influenced by an injury or red card and the current game might not have an injury, penalty or even red card so the outcome might be different.

[SmartGold01]

Things doesn't always turn out the way he think let me just say he is lucky to have such winning otherwise is not possible even after 0:2 against them and yet they equalized the match was like a miracle and he won. Normally I can't even try shit to bet a game that was already 2 against my favorite team, okay what if the game didn't go as planned what could be his aim or benefits betting the game qualify. Or was there any change in player that made him to have taken such decision to bet with huge amount and what if the game didn't play meaning he could have lost 5k.

[goinmerry]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

I was one of the bettors (I think others on the NBA thread also did this) who risked betting on the Cleveland Cavaliers to win the NBA Championship way back in the 2016 NBA Finals after the team was down 3-1. It's nearly impossible to bounce back from that situation especially in the NBA Finals and against the prime Golden State Warriors which has the biggest record they did on that season, 73 wins and 9 losses only. But in the end, they won and I won't forget that moment.

Isn't it a foolish move? Isn't it because I'm a fan of that team? No. As a bettor, I just want to take advantage of the odds since betting on the Warriors doesn't give you any more profits and everyone was betting for the Warriors then I have no choice but to take on the Cavaliers. Aside from that, I know the Cavaliers can still pull the win and won't give up. I also added some bets for them after they won Game 5 and were downed by 3-2.

And the rest is history...

[Humblevirus]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club. A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

I don't think that I will have that much confidence in any club that I will be able to invest a huge amount of money in. When I know football is unpredictable sometimes and anything can happen, there seem to be many surprises, like when weak teams have beaten strong teams. How can I develop that strong confidence for any team, whether my club  I supports it or not? 
 
In this situation where your friend staked in Manchester United to win and qualify with 5k and he won the bet, I will just say that your friend was just lucky. It is not that he had much confidence that Manchester United would win Liverpool and qualify for the next round; if he had much confidence that Manchester United would qualify, he should have staked more than the amount he staked.

[passwordnow]

Have anyone ever had confidence in any match that he was willing to be huge amounts to back up the confidence in a match that features his club.

I've been into that point but even if you get the best analysis with confidence for that club you are betting and supporting on, you have no control over the situation that has full of twists.

A friend of mine recently shocked me with how much passion and confidence he had in his club, man u vs liverpool  that happened on Sunday I guess was a very hard match cause Liverpool was already stomping 0:2 to man United but my friend was telling that man United won't lose the match, so I told him that if he has much confidence that he should stake life, shocking to me he went on and staked 5k on man United win to qualify which was about 7 odds at that time, and yeah it turned out right for him. Can any one do this or was it a foolish move?

Dude, you've just triggered your friend. I know that it's like a joke to you but you poked him and put the best of him to prove you that he's right. Anyway, there are gamblers that can really bet everything that they have but I won't be into that state anymore. I'm older and have got other things to think of, so it doesn't matter if someone calls me not a real supporter and fan of the club or team that I am supporting. What matters to me is that you didn't worked for my money, I've worked hard for it. And that's why I am the one to decide where I'll be placing it and how much I am going to bet with it. And for that reason, I won't be foolish enough to make mistakes that I am going to regret later on.

[Mrbluntzy]

I would assume it must have been a reflex decision for him because it could happen to anyone where you see a gambler suddenly takes a rash decision to stake on a game and such decision will even make you think they are going crazy. If he had lost that money, he would have packaged his shame and lose home  , because it was really a huge risk he took to stake his money on a live game which the opposite team are already wining with two goals. I can take such a risk but will totally get upset if the game go against me.

[alani123]

Nope, I like to support my local clubs and sadly the best local club I have has never even come close to a title. We're glad to see them in the first league but honestly they're not that good. Their results are unreliable at best and usually just disappointing. I can't count on my local club too much when it comes to bets but I'd still support them in other ways. To be honest I know betting in crypto doesn't earn them anything extra so I do it guilt free. But to put money in bets towards them would be not that wise financially. I'd rather buy some tickets to see their matches.

[Pokapoka124]

Did your friend stake $5000 or was it in another currency? I think it’s a bad idea to gamble with emotions involved. He got lucky but betting on your football team because you support them will cause you to lose money. We have had this discussion before and my opinion on betting on and against your football club remains the same.
https://bitcointalk.org/index.php?topic=5488718.msg63801572#msg63801572.

[ralle14]

Can any one do this or was it a foolish move?

Even though your friend got away with a big win through Man United's comeback, it's always a bad idea to put too much trust in a team based on your feelings because comebacks mostly depend on luck and more factors could be involved behind their win.

You don't simply go all in on the team you follow, if you do go that route you'll later learn the reality and fade your favorite team when it matters.

[Accardo]

I would assume it must have been a reflex decision for him because it could happen to anyone where you see a gambler suddenly takes a rash decision to stake on a game and such decision will even make you think they are going crazy. If he had lost that money, he would have packaged his shame and lose home  , because it was really a huge risk he took to stake his money on a live game which the opposite team are already wining with two goals. I can take such a risk but will totally get upset if the game go against me.

The team is an important factor, not all teams are worth such risk. But as you said he did that out of love for his team, he didn't analyze the game. Yet he won. That's a shocking part of the story, he'd feel better and happier. I think that's what gambling is about, doing what others won't think of trying. People who gambled on Man U to win before the game started may have lost hope after conceiving two goals. Another factor is that he had to prove it to his friend. I've made such a statement in the past, but didn't wager on the prediction, but the player scored as I said to a friend.

Most times when watching a football match, the settings and performances of some players, a viewer will easily detect who will score or not. Maybe the same thing happened to the Op's friend, he has observed some moves from his team and had the trust they'll win, regardless of the scores. Gamblers need to follow their instincts, not all the time. Most times we feel like a complete failure after appearing fully sure of a specific prediction, which ends up returning void. It's a win-or-lose thing, but some mistake ends up getting annoying. Imagine after telling your friends, a particular player will score, and he didn't. They wouldn't listen when next we want to talk to them on a game. However, gambling is a risk, and we must accept it.

[retreat]

Your friend is brave enough to bet that amount in one match. But even though I love my favorite team, I'm not careless enough to be able to bet so big on just that one match. I will think about what the worst impact is and how best to minimize the chance of a significant loss by not gambling more than the bankroll limit that I have previously set. Because only careless and naive people want to bet very big on their favorite team in one match and not think about the impact of the bet, and I don't want to be that kind of gambler.