General Betting
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Am I correct in thinking that there are is no legal binding between a bookmaker and its client, therefore if you owe one money then there is no 'legal' way that the bookmaker can reclaim the money??????????????
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With regards to bookmakers operating within the UK, I believe that most gambling debts would be enforceable under the Gambling Act 2005.
Gambling Act 2005 (in particular part 17):
http://www.opsi.gov.uk/Acts/acts2005/ukpga_20050019_en_1
Gambling Act 2005 (in particular part 17):
http://www.opsi.gov.uk/Acts/acts2005/ukpga_20050019_en_1
As I understand it , it used to be that way but as Fergus states the Gambling Act closed that loophole
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