You run into your friend at the tennis court, and your friend challenges you to

Question

You run into your friend at the tennis court, and your friend challenges you to a tennis match. You are confident that you can beat your friend, so you propose to wager $500 on the match and your friend agrees. To make extra certain your friend will not back out, you use the phone on your camera to record a video of the two of you agreeing to this proposal. As an extra precaution, you have another friend videotape the match. You win as you predicted, and your friend agrees to pay you within a few days. However, your friend keeps delaying the payment and one month passes. Do you think you will be able to legally compel your friend to pay you based on the video of the agreement and the video of you beating your friend at tennis?

Explanation / Answer

Yes we can legally compel the friend to pay, because it is a wagering agreement where the outcome is unknown to both the parties and there is equal probability of each party to win.

You might wonder that you were sure that you can win the game, this doesn't necessarily guarantee that you will win. Your friend may also believe the same about himself. Also if he and other parties were sure that you will win the game in that case losing the wager is not legally compelling.

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