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Home > Off Topic > Highly unlikely but one for the gamblers... |
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The Doctor Member Since: 09 Jul 2010 Location: Gallifrey Posts: 4615 |
Some will doubtless know this already but I was unaware of this until a law lecture the other evening. The lecture was on Equity and Trusts but the lecturer digressed and told us this.
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25th Mar 2012 11:38 am |
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dunroof Member Since: 24 Nov 2010 Location: <> Yes, still being stalked by another member! Posts: 1785 |
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25th Mar 2012 1:00 pm |
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The Doctor Member Since: 09 Jul 2010 Location: Gallifrey Posts: 4615 |
Leave it with me.....He says LL.B (Hons) - University of Derby
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25th Mar 2012 7:31 pm |
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The Doctor Member Since: 09 Jul 2010 Location: Gallifrey Posts: 4615 |
Athelstan, I did some digging and found this handy section of the Gambling Act 2005: http://www.legislation.gov.uk/ukpga/2005/19/section/335
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25th Mar 2012 9:41 pm |
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MANUFAN Member Since: 10 Dec 2011 Location: Manchester Posts: 357 |
All very interesting but who in their right mind would bet on Liverpool wining |
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25th Mar 2012 9:49 pm |
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The Doctor Member Since: 09 Jul 2010 Location: Gallifrey Posts: 4615 |
Fair enough. Perhaps bet on Man City winning at Old Trafford Not a City fan by the way. In fact I only follow England, not into footy enough to be honest. LL.B (Hons) - University of Derby LOT (Lord of Time) - University of Gallifrey |
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25th Mar 2012 10:21 pm |
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athelstan Member Since: 03 Nov 2009 Location: Reality Posts: 2658 |
Indeed you can (pleased to see that further education is not being wasted) and you will find a punter being awarded damages against well known high street bookmaker for failing to honour the "wager" (contract) between the two parties. A different perspective upon it, but one which has been raised before the courts, is that it is incontestable for a registered Lottery to refuse to pay out on what is equally a gambling debt to the holder of an official ticket (albeit mutilated) bearing the exact matching winning numbers and date of the draw. This is not the often confused matter of "honour" - it is a breach of a legal contract entered freely and willingly into by both parties. (the ticket was verified and validated by counsel for the Claimant following a forensic examination of the lottery organisers IT retailing systems database) To ensue, whereas other appease in litigation, you have to predeterminate - to become a Rottweiler ps: ask your Lecturer if he knows of "Sooty" - no not the glove puppet but locally in legal fraternity |
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26th Mar 2012 5:38 am |
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The Doctor Member Since: 09 Jul 2010 Location: Gallifrey Posts: 4615 |
Athelstan, I am off Uni for 3 weeks now for Easter but he did send me a quick email about this. Basically he was referring to the position at the time of a case that cropped up during the lecture. Since the Gambling Act 2005, it is no longer a simple agreement that cannot be enforced. The old law was repealed and it is now seen as a contract just the same as any other.
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26th Mar 2012 6:39 pm |
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athelstan Member Since: 03 Nov 2009 Location: Reality Posts: 2658 |
You see, this Owd Grey Head still has it in there somewhere - it's finding it that's the problem. But this is usually resolved quickly and efficiently through the course of 3 or 4 pints of beer back in a Derbyshire Pub.
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26th Mar 2012 7:00 pm |
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The Doctor Member Since: 09 Jul 2010 Location: Gallifrey Posts: 4615 |
Indeed Sir Just out of interest, I found the authority that the lecturer was on about before the days of the Gambling Act 2005. Basically S.18 of the Gambling Act 1845 was still in force when the House of Lords heard the case of Lipkin Gorman v Karpnale Ltd [1991] 2 A.C. 548 Lord Goff of Chieveley stated as follows: "There is nothing unlawful about accepting bets at a casino; the only relevant consequence of the transactions being gambling transactions is that they are void. In other words, the transactions as such give rise to no legal obligations. Neither the gambler, nor the casino, can go to court to enforce a gaming transaction. That is the legal position. But the practical or business position is that, if a casino does not pay winnings when they are due, it will simply go out of business. So the obligation in honour to pay winnings is an obligation which, in business terms, the casino has to comply with." Same applied to bookies until the new legislation LL.B (Hons) - University of Derby LOT (Lord of Time) - University of Gallifrey |
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26th Mar 2012 7:18 pm |
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athelstan Member Since: 03 Nov 2009 Location: Reality Posts: 2658 |
Doc - legislation is only enforceable provide it is, and remains, "current".
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27th Mar 2012 6:01 am |
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The Doctor Member Since: 09 Jul 2010 Location: Gallifrey Posts: 4615 |
Yes I know. The Gambling Act 1845 was current until it was repealed by the Gambling Act 2005. So back when the above case was decided, the position was still one of honour. i.e it could not be enforced legally so luckily parliament saw sense with the new legislation LL.B (Hons) - University of Derby
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27th Mar 2012 5:27 pm |
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athelstan Member Since: 03 Nov 2009 Location: Reality Posts: 2658 |
Since when has The Commons ever seen sense, and The Lords, well they've never had any in the first place. The chronology of the merit of my advocacy: 25th 12:38hrs Lecturer states with opacity a position that's no longer applies. I refute at 7:53pm offering all is not a wager of honour. The Rhodesian ridgeback ensues the following day 26th 6:38pm elaborating the present. Lecturer and pupil offer a defence at 7:39pm based on a repealed non-binding Act. The ridgeback feasts on being awarded judgement the next day 27th 7:01am Council holds press conference late in the day 27th 6:27pm to deflect further examination. Athelstan's Chambers' turn down lucrative offers of Film and Book exclusives of the case - instead goes for a pint or three Marstons Pedigree. Cheers Doc - just light hearted early evening fun |
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27th Mar 2012 6:28 pm |
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The Doctor Member Since: 09 Jul 2010 Location: Gallifrey Posts: 4615 |
Apologies Athelstan for any confusion, I should explain.
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27th Mar 2012 6:54 pm |
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