Thank you all for your support and kind words. Who would have known that this issue will become a post so large. Everything seems to going good with him. We undo the bet. And we are fine. He hasn't admit that he cheated but I don't won't to push him with that. Not that excuse betting with them, that is just wrong... but... c'mon, HE wanted to do it, HE wanted to try after I expressed it was to difficult; then I said, if you conquer the world I'll buy you the game you want.
Now, talking about education, I do believe having a close relationship with the students can provide a better atmosphere of learning. You cannot be friends of everyone, and certaintly you cannot tell them everything. But being in confidence propels their learning experience. Besides, its a group of 20 people. I can have that luxury.
Yet, I could be terrible wrong. And damaging everyone. I am actually a friend of his brother, that is how a met this little guy. He is 13, and I am 23. This is my first year of professional teaching, just one year after I finished collage. I consider myself very lucky to have this job in this economy and in the situation my country is into. It's a good job and I am learning a lot. I trully hope not to be messing the kids up. In many ways, I'm a kid too, a kid-teacher. God help us.
Again, thank you for your answers and replies. This got to be an awesome community. I'll be here more often.