Would you share profits after winning in such a situation

[(Hummus)]

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?

[alani123]

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.

[Somto9Light]

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?

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.

[Charles-Tim]

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.

[Ambatman]

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.

[Prestongold]

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?

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

[un_rank]

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 -

[Churchillvv]

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.

[LucyFurr]

I staked a dollar on it and it was over a thousand odds.

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?

[Cryptohygenic]

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.

[Joy- maker]

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.

[sunsilk]

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.

[mcdouglasx]

What do you think you would have done in such a situation?

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.

[casey15]

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

[Fiatless]

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.

[Joy_learns_crypto]

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.

[Stepstowealth]

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.

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.

[Slow death]

I staked a dollar on it and it was over a thousand odds.

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.

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.


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.

[silpersurfer]

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.

[The Cryptovator]

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?

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.