- The Official Forum for Forest Hill & Honor Oak, London SE23
Online since 2002  -  10,000+ members

Home | SE23 Topics | Businesses & Services | Wider Topics | Offered/Wanted/Lost/Found | Site Feedback | Advertising | Contact
Alexander Charles & Browne Steve Shaw Computer Services Armstrong & Co Solicitors

Post Reply  Post Topic 
Paddy Power's offensive betting on death
Author Message

Posts: 16
Joined: Jan 2014
Post: #1
05-03-2014 08:29 AM

The charming Paddy Power is running a book on whether Oscar Pistorius will be convicted or not. Even if you are not a fan of signing petitions, I'd urge you to sign this one as not only is it morally wrong, if they get away with this then what next? Betting on how long someone can take torture?

Find all posts by this user Reply

Posts: 48
Joined: Jan 2014
Post: #2
05-03-2014 10:09 PM

Just seen from a friend's post on Facebook that ASA have suspended it because of the volume of complaints. And quite right too.

Find all posts by this user Reply
Tim Lund

Posts: 255
Joined: Apr 2008
Post: #3
06-03-2014 10:13 PM

I can't find a reference for it, but I'm sure I've read somewhere that early on in the development of life assurance, they realised that the moral hazard created when offering policies which paid out on someone else's death was just too great, and it was made illegal, except for husband and wife. Even then there were plenty of suspicious deaths by arsenic. I've sometimes wondered if there was a similar case for making third party bets on the deaths of companies - e.g. credit default swaps - illegal.

Find all posts by this user Reply

Posts: 1,504
Joined: Jan 2008
Post: #4
19-03-2014 11:55 AM
Find all posts by this user Reply

Friends of Blythe Hill Fields

Possibly Related Topics ...
Topic: Author Replies: Views: Last Post
  Betting limits in Lewisham Ligersaur 14 4,737 20-11-2015 08:14 PM
Last Post: sydenhamcentral