Collective betting can increase the staking amount but there are some dark sides to collective betting like confusion in making decisions, not everyone in the group may agree to bet or how it should go, when they should cash out or quit. Collective betting can also be a seed for disunity between friends as one or more persons from the group can be blamed if it doesn’t go right.
For me collective betting should just be for fun and get together and no matter the outcome it should not be taking too deep.
Of course this dark sides is the reason I would not involve myself in collective gambling. Collective gambling looks childish to me, real men gamble with what they can afford to lose, not some sort of contribution gambling. This is like a partnership business which involves 2 to 10 people and above where decision becomes complex to handle, for this reason I will not involve myselfin collective gambling because I have anger issues expecialy when I cant tell them to cashout when I need and they all agree to wait til the game end up losing. That will be a big slap toy face. To cut the story short I can't collective gambling is not for me. Just like you said, that collective gambling should be for fun, I agree with you on that. I think we should not over do things to avoid putting ourselves in tight schedule that we can't come out of it.