I could not understand why we had to place a bet together. Can you tell me about the benefits of betting together. Will there be any big percentage of the winning amount if the bet is high? Eg: If we bet 100$ winning will be 110$ if we bet 1000$ then there will be more than 1100$. If not then there is no reason to bet together. As I cant see any benefit and it will just create hasstle.
The benefit from placing a bet together is we don't have to analyze too detail and let our friends analyze the match. We can gives the money to one of them and let them pick what they want after they analyze the match. The amount of money to place a bet could be bigger because we give the money to our friend and other friend will do the same so we can bet with a big bet. For example, each person will gives $10 and 9 of our friends also do the same, we have $100 to place a bet.
If we can win on that bet, our winning will be big and we split to all of us which gives a big profit to us. But that depends on the bet because if we lose, we only lose $10 for each people. The other benefit is we can really have fun with our friends and will accept what is the outcome and will not be sad because we lose together with our friends.