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Venmo a bet? It seems kinda ridiculous. Isn't the point of a bet that all the money that was bet is in a pool that is then taken by the winner? Unless you work out some kind of casino chip system where you can venmo money and get chips you have to cash out at the end of the night venmo has no place in a bet. You always put money upfront in a bet, its common courtesy.
imagine going to the roulette table.
"$20 on black."
"Wheres your chip?"
"I don't carry chips, but I'll venmo you the money if I loose."
You'd be thrown right out.
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