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A related problem to that envisioned by Sebastian is that a diehard believer in the apocalypse would likely be “judgment proof” in a legal sense. I think it’s fair to assume that anyone who believes that there will be no April 2nd, 20XX will also not plan to need assets on that date and will spend accordingly (perhaps they will give their remaining assets to their religion to curry last-minute goodwill or perhaps they will blow it in Vegas). As a result, the winner of the bet will not be able to collect from someone who has little to nothing left. Most modern societies’ lenient stances on bankruptcy will allow the loser to effectively start anew and not be required to pay the winner regardless of whether the loser goes on to make enough money later to satisfy their obligation. Asking the loser to put up collateral to protect against default would also defeat the purpose of the agreement; the person convinced of the apocalypse would then be deprived of some portion of the value of the payments they receive ahead of the purported doomsday. Like Robin indicated, the arrangement will have to be tweaked in a way that makes it function like an ordinary interest-driven exchange.