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Kantor said:

Jay: What you did, although not technically against the rules, was a pretty stupid and malicious thing to do. In a more formal setting, that could get you into serious legal trouble and I strongly advise that you never do it again.

Kowen: This never really constituted a proper deal to begin with and probably wouldn't have been legally enforceable (though I am not a lawyer, so I could be wrong there). I don't believe for a moment that Jay ever actually intended to go to a court with it. All the same, I do agree with you that his actions were immoral and stupid.

I don't pretend to come close to understanding the underlying law here, but I strongly advise that you both just drop this and move on.

General advice: Don't make bets with actual money on an internet forum. Especially not this internet forum.

LOL, anyone who thinks this would be taken seriously in any setting needs to use some common sense. 

Imagine my post was real, and I really did make the bet one year ago. It still wouldn't be taken seriously because:

(1) It was essetially a completely different wager since it did not meet the 2-day deadline as the initial wager,

(2) Kowen could have easily declined the offer because of number (1), and

(3) There's an entire of chain of requirements and elements for a contract to legally binding. Needless to say, a bet on an anonymous internet forum does not meet these circumstances.

The most impact this thread does is it offers a new wager (which he could decline) and gives the false claim that I made the wager a year ago. That still wouldn't be fraud even if it was legally binding (which it's not).