Fords wrote:
> 
> Peter,
> 
> What's new?
> This is a long-standing standard practice in UK.
> Thou shalt not win!
> In a free market, you decide what you want to bet - they decide
> whether to accept or not.

Don't get me wrong, I would love to see bookies here in NZ. The more
competition the better, and it would offer better choices, at least for
those that are losers. It just seems to me completely unethical that
someone who was winning is banned. It is akin to an insurance company
refusing your custom because you have had a run of bad luck and you've
been making too many claims. Hang on .... they do ban those people don't
they !
I vaguely remember doing a uni paper on commercial law and from this
vague memory I have an even vaguer one about a law of offer and
acceptance. Somebody offers their goods for sale at a certain price.
This is the offer. Someone picks up the said goods and takes them to the
counter. This is the acceptance. At this point the contract is made. The
seller can't then say ... 'Oh that price tag is wrong, it is $1.20 not
$1'. The seller also can't say .... 'I don't like the look of you, I
won't sell it to you'. I can't see why there should be any difference
for the bookies. I guess it must be legal to refuse a bet because they
do it and no one has successfully sued them as far as I am aware.
Peter.


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