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very interesting;i wonder if this refund policy is standard at all test venues.
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Yeah it's standard across all England test venues.
There is a heap of anecdotal evidence regarding the rules on refunds and how teams play. For example, Sri Lanka at the Rose Bowl in 2011 had pretty steady rain during the 1st three days but they stayed on as much as possible to get the overs in or England bowling Moeen and Joe Root at the end of Day 2 at Edgbaston this year despite only needing 4 wickets to win when light wasn't an issue. I haven't got the figures to hand but Ashton Agar's innings at TB in 2013 meant the test went an extra day and Notts broke even on it. It was estimated they would have lost around £1m in revenue without that extra day's play. The next season they played on a flat lifeless track against India and got their 5 days play and a healthy profit. It's called a "Chief Executive's wicket" for a reason. |
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If Surrey have any sense they will be producing a 5 day wicket as no one will be bothered if it is a dull draw especially not those with tickets for the Saturday, Sunday or Monday
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Do the test grounds insure against matches finishing too soon and having to refund ticket holders ?
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Would insurance not be deemed as betting.
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You may not of heard of The Life Assurance Act of 1774 also know as The Gambling Act of 1774!
I quite enjoy snobby parties with friends of Mrs 'Death. So what do you do..I'm in Risk management...so am I! blah blah blah...but's that's gambling isn't it?....yes but isn't that what you do? at least I do it with my own money! Insurance is gambling, Life Assurance is not. You will die! |