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Fair dos. I'd just rather see bets paid up, and £500 is silly money for some people. You two chaps could well be principled, honourable fellows I suppose, but welching is deplorable. I'd hate to see someone else appear like a welching gobshite, when a £50 bet would surely be payable by...

Gents, why bother with a £500 bet? It just encourages welching. See Attila for details.