Quote from: Agbamoni on December 14, 2023, 06:41:25 PM

Quote from: Z390 on October 10, 2023, 07:06:20 AM

How will you feel if someone you know or just a friend of a friend walk up to you and ask you to finance them in gambling in exchange for a portion of their winnings? Does this even make any sense?

Yes, it makes sense OP. There is no difference between a registered prediction company and a private person who predicts games and people invest or pay money to get those games. Perhaps you must have come across one or two prediction companies. Your freind may be good at gambling and needs investment. Its not a bad idea, but its essential if you have seen his previous bets or gambling so that you can confidently give him your money to bet.

Also, most persons that do this are people who are not confident in themselves when it comes to gambling. What they is that they find someone who they can rely on. They give him/her the money and expect returns. Thereby avoiding gambling emotions or feelings.

Your perspective, Agbamoni, to a reasonable point is valid, as the prediction niche is getting lots of traffic. Gamblers now depend on the predictions of such services before staking games on football and other sports. But the comparison isn't similar to the idea of Op, because these people require you to pay for the predictions then the gambler can wager any amount of choice on the game. Not like the scenario where the gambler has to hand out the whole money to be wagered to somebody else's custody and hope on a certain percentage if the game happens to end well. Give a single thought on the reaction of the financier, when the game doesn't play in their favor. Wouldn't he blame his friend for his losses? The person who does that may not or is not a gambler and he won't be fully informed of the high rate of losses in gambling. So, I presume their friendship would be affected, as the odds are against the owner of the money, not the gambler.

The player has nothing to lose, hence his problem would be his friend, he'd lose him as a friend. Money is one fast destroyer of friendship. I'd say that people should gamble with their money and hold themselves responsible for any result they get. Winning is not simple for any gambler, only a newbie who doesn't know this will fall for his friend's gambling results. Previous wins don't make any changes in the future games of the gambler. He could face consecutive losses once he enters such deals with a friend. Receiving consistent losing results from the gambler they relied on, will affect them emotionally, as we can't say for sure if the person borrowed to finance his friend. Who would face the most trouble and have a sleepless night? It can cause the nongambler anxiety, he's also participating in gambling, just that somebody else is making the predictions while he submits money.