Social Sports Betting and Betting with Friends

Betting on sports with friends has become increasingly popular in recent years. With sports betting now legal in many states, more people are placing wagers and having fun competitions with their friends. Sports betting with friends at adds an extra layer of excitement and camaraderie to watching the big game. Here are some tips for social sports betting and ways to bet with your friends:

Set up a betting group. The easiest way to organize betting with friends is to set up a group text, Facebook messenger, or use an app designed specifically for social betting. Add all your friends who want to get in on the action and set ground rules like bet limits and payout timelines. Apps like Pick'em Pools, Action Network, and newly launched BettorView make it simple to track bets, post challenges, and pay out winnings.

Use Props for Creative Bets proposition or "prop" bets go beyond just picking the winner or point spread. Props allow you to bet on more specific outcomes like which player will score first, how many three pointers a player makes, or whether the coin flip will be heads or tails. Coming up with fun prop bets keeps things interesting when watching with friends. Apps like PrizePicks let you build parlays out of different player props.

Bet the Spread To keep games competitive, bet against the point spread rather than just picking the winner. The spread evens the playing field by giving the underdog team an advantage. Your friends can take the underdog while you bet on the favored team to cover the spread. Spread betting on every game levels the playing field and keeps everyone engaged all the way to the final whistle.

Use a Betting Pool For big events like the Super Bowl or March Madness, set up a betting pool. Gather everyone's wagers for things like the point spread, over/under, prop bets, and brackets. You can collect cash buy-ins and award the overall winner at the end. Apps like PlayUp and Pick'm Pools make running pools easy and even let you donate the pot to charity.

Go Against the Odds Offer to take the underdog side of any given bet. Your friends are likely to jump at betting the favored team. By going against the odds, you stand to win big if you're right. Just be careful not to go overboard and only bet underdogs you actually think can win or cover the spread.

Compete in Contests and Leagues For ongoing competition, join contests on sports betting sites like DraftKings and FanDuel. You and your friends can enter betting contests to show off your skills against other players. Or start a league and battle for first place against friends over an entire season. Making small cash wagers within your league keeps the rivalries fun.

Live Bet During the Game Placing live bets while you watch the game adds extra excitement. Sportsbooks let you bet between plays and during commercial breaks. Take advantage by live betting on things like the next scoring play, cover the changing spread, or hedge your original bet. Just don't get so distracted by live betting that you miss the action!

Make it Social Part of the fun of betting with friends is making it a social experience. Get together to watch the big game and cheer for your wagers. Share reactions and friendly trash talk in your betting group chat. Giving a proper ribbing when your buddies lose makes winning so much sweeter.

Set a Budget It's easy to get carried away when betting with your friends. Set a budget per game and only wager what you're comfortable losing. Remember, the real reward is the camaraderie and excitement of watching sports together. Don't ruin friendships over money by betting more than you can afford.

Have Fun and Play It Safe At the end of the day, betting with your friends should be about having fun. Don't let it become a source of conflict. Keep the stakes low, respect each other's picks, and most importantly, know when to stop. Remember to bet legally and responsibly. As long as you play it safe, putting some money on the big game makes it so much more exciting when watching with your crew.