Billy is out in the bars one hot August afternoon and runs into Carl Coach,who coaches the football team where he went to college.Billy invites Carl to join him for drinks,and they have the following conversation:
Billy: I need to talk to you about the upcoming football season.I need you to make sure that the football team wins each game by as much as possible.For each game that the team wins by at least 25 points,I'll give you $1,000.
Carl: I don't know if I can promise that.I don't know if any coach could.
Billy: Well,I'll even give you an extra $500 if it's by more than 35 points.
Carl: That sounds good.I can do that with this team.
Billy: Great! Here's to a good season!
And,they toast pitchers of beer.The team is undefeated that year,winning all but two games by more than 25 points and 3 of them by more than 35 points.The other two games were each won by 20 points.At season's end,Billy has paid nothing to Carl.Carl sues Billy for payment.Billy sues Carl to recover loses caused because of bets he placed in the two games won by only 20 points.Discuss the arguments that each has with respect to this agreement and the likely outcome.
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