Asked in Banking, Entertainment / Sports, Gaming and Internet Law

Q: Is giving people wrong forecast for money without a contract legal?

If I, for example, ask you to give me $100 and I will give you the team that will 100% win the Super Bowl 2017 I guarantee that. And then it turns out some other team had won and there was no legal contract only like a facebook message where I claimed that certain team will win 100% so can I get sued for that kind of thing? and would I be forced to give those people their money back?

1 Lawyer Answer
Glenn B. Manishin
Glenn B. Manishin
Answered
  • Business Law Lawyer
  • Warrenton, VA

A: That deal is likely to be considered a wager or bet (gambling), which in most U.S. states is illegal, and illegal contracts cannot be enforced. Contracts can be formed by an exchange of messages, calls or emails, without a written agreement, if they meet the other elements of a valid contract (price, promised performance, etc.).

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