Well, that’s your take considering the situation at hand and with the fact that, these are supposedly friends.

Like the winner rightly said, refunds of any amount should be based on freewill and I expect the other party to the stakes to have an option on either to accept or not because, it doesn’t make much difference to have lost a whole lot and be tipped so little. Suck it up, go home and cry your eyes out on your pillow then, be at peace with what has happened.

So long as the game was played squarely and wins were realized without any form of cheating, you’re under no obligation for refunds. That’s gambling. Should the supposed loser had turned out ti be the winner, you never can tell what he would have done. Perhaps decided to enjoy the most of his winnings as a compensation for the mocking he has received.