Re: [racebase] Bookies eh! Who would have them.

[Fords]

Peter,   You could say it also unethical for bookmakers to take bets from losing punters. Bookmakers are mostly very honourable business men and go to great lengths to ensure that payment is made out on any winning bets with them. It is unethical (as on-course Australia) to force them to take bets they do not wish to take.   If the bookmaker accepts the punters' offer of a bet then that is different from refusing to accept their custom at all. The former is contractual (but even so, a bet is not legally enforceable to be paid out in UK, at present). The latter is just commercial judgement - they are not charities. There is no contract made for the latter - in fact, the opposite applies. I wonder what the whingers would say if the shoe was on the other foot, and the bookmaker claimed that he should be able to force the punter to back what the bookmaker decided and at what price and what amount. Bookmakers read these forums and I am sure that certain names are now blackballed throughout the industry. Some of these Aussies do not live in the real world.   Robert ----- Original Message ----- From: Peter Harrop To: [EMAIL PROTECTED] Sent: Wednesday, December 22, 2004 5:27 AM Subject: Re: [racebase] Bookies eh! Who would have them. 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. Yahoo! Groups Sponsor ADVERTISEMENT Yahoo! Groups Links To visit your group on the web, go to: http://groups.yahoo.com/group/racebase/   To unsubscribe from this group, send an email to: [EMAIL PROTECTED]   Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.