MMD: Should I split my winnings and risk my wedding?

rach_k

If you had an agreement to split it 50/50, I think you should, but only if you actually spoke the words. Accepting his gift previously isn't the same as making the agreement, I don't think. If he wants to argue that it is, you could argue that the agreement was to give the other person £25 (or whatever exactly he gave you).

In the interest of being a nice person and keeping your friend, I'd probably give him a nice chunk of money he'd be happy to have, but not 50% if it means that much to you. Say you won £10K, give him £500 - enough to treat himself or make a dent in debts or whatever.

kazt2006

£100 at 100/1 would actually given you a return of £10,100 including the original stake!!!

z1a

Kazt2006 wrote: »

£100 at 100/1 would actually given you a return of £10,100 including the original stake!!!

I think we all know that, maybe apart from hazyjo.

Marvel1

This is awkward, if he didn't split his winnings would have been easy.

For future reference for anyone, always discuss splitting winnings or not before.

hazyjo

Oops sorry I completely messed those numbers up as had been fiddling around with several and lost the plot :laugh:

takethemon

If you accepted half of his previous winnings then you should give him half of yours.

REJP

Did you split the stake cost? If so, he gets half.
Incidentally, I make £100 at 100/1 £10,000, not a grand.

REJP

If you have always shared stakes and winnings, give him half. The wedding has nothing to do with it. If you are getting married, don't gamble your wedding money, it is stupidity. And the road to ruin.

REJP

It is not £10,100 profit. Regular gamblers know there is a gambling tax to deduct from winnings.
Don't gamble your wedding money, very unwise.

takethemon

I take it that you are not a regular gambler REJP.
http://www.onlinebetting.org.uk/betting-guides/gambling-and-betting-tax-in-the-uk.html
Good point about not gambling.