Is it dishonest to net a bet if you know the result?

Hi,
If you were able to regulation the results of a bet would it be illegal to place a bet. For example Paddypower.com are offering 50/1 if any of the judges utter "is it cole or tweedy" If you were to get lewis walsh to influence that if you knew him. And went and put EUR1m bet on it
Answers:
It would probably be seen as fraudulent.
As ALL bets are unenforceable by law (in the UK), the fact you know the result would entitle the bookie to avoid the payout, but the law would not enforce it whether you knew or not. Source(s): I'm a advocate
yes
Technically not illegal but a bit dishonourable
Yes it is not permitted but people do it every day. You should try it sometime.

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