I might have waaay too strong of an opinion on this XD. To me, it is literally never acceptable. If someone squidbags me, I don’t even have the urge to squidbag them back. Just… at least be a good winner and a decent person. Maintain at least some respect to the opponent. When one of the finalists during Gridlock 2024 squidbagged, I lost literally all respect for that team.
With friends I feel like it’s fun, if everyone is on the same page, although I think it’s much funnier to jump in the water or something lol