friendly bets with friends excluded from gambling

Without a contract of some form, your friend is going to have a hard time taking legal action against you if you don’t pay up on a football bet. And you shouldn’t take what I say as actual legal advice. but I understand that it needs to be addressed. I hate even having to include this section. Are Fun Football Bets with Friends Legally Binding? You might have to think about your favorite team’s loss all season as you rake and mow and shovel your way across your neighbor’s lawn. Let’s not even think about the alternative. If you win the bet, not only is your team on top, but now you can skip a chore for a few months. Maybe you cajole your buddy into betting a winter’s worth of snow shoveling, lawn maintenance, or some other menial task. You can imagine the stakes going into that bet and the shame on my buddy’s face as he wore Tony Romo’s name on his back all day. A colleague of mine, a dyed-in-the-wool Houston Texans sports fan, lost a bet at work and had to wear a Cowboys jersey all day. We’ve probably all had a friend who had to wear the jersey of a hated rival after losing a bet. Take money out of the equation, and things get even more interesting.

Among my buddies, a $100 bet is the limit of what’s considered a friendly wager. If you make it to five minutes, I’m impressed.įriendly bets shouldn’t involve huge sums of money unless you and your friends are just wealthy or foolhardy.

Then get back with me about how long it took to get bored and wander away. Don’t believe me? Go play a free blackjack game online. A bet with something on the line is way more interesting. What’s at Stake? Cash or Pride?īets without stakes are just words. It covers what they are, how to set them up, and some serious pitfalls to consider before you make them. This post is explains the ins and outs of friendly fun football bets with friends.

Friendly bets with friends excluded from gambling