-Jeff asked (in his initial message to me) that the UT promote/sponsor/support this in some way. While I won't speak for Michel, I'd be surprised if he'd wanted to get involved with something that was, essentially, gambling.
-There are state laws regarding gambling. I live in PA and Jeff lives in CA. Michel is in Canada, which is an entirely different country. In which location would a contract be valid?
-Just assume for one minute that it was totally legitimate to bet. You have to have an escrow agent to hold the $$$.
But again, it is more complicated than you might think. (And I actually checked into this, more out of curiosity than anything else).
-The only wagering I ever do is dinner bets on sports games - in other words, friendly wagers. I would hardly characterize Jeff's challenge to me as a friendly wager.
- Once again, I've agreed to Jeff's terms, have added a few, and am willing to proceed.
Kevin