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by BeetleB 17 days ago
> or if you count things such as favours to be profit.

There needs to be evidence of such a thing, no?

> There has to be some motivation for people to do such random things, and even if not directly illegal, they do smell rather fishy and unethical.

I have motivation. If people are placing stupid bets on me, I sure as heck want them to suffer for it.

I'm sure some people view a CEO doing this as unethical, but I fully support it. Whoever lost money on that bet had it coming.

Of course, my preference is both sides losing money, but we can't have everything.

Speaking of ethics: There is a reason why betting and gambling are categorized under "vices". If you make any bet on things out of your control, the questionable ethics begins with you. Don't put it on a third party who was not involved in crafting the bet.

I believe in some jurisdictions, private bets are not legally enforceable (i.e. if I make a bet with you and lose, it is my legal right to refuse to pay). There's a good reason for that!