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Contracts and Poker: Waiving Your Rights

by Scott J. Burnham |  Published: Oct 25, 2017


During the deal, the player who posted the big blind suddenly realizes that he had posted the big blind in the last hand. He shouts, “Wait a minute! I was the big blind last hand. The dealer forgot to move the button.” Is it too late to make it right? Contract law does not like it when people sit on their rights, and encourages them to act without undue delay. The ultimate delay occurs when they sit on their rights for years and the statute of limitations runs, barring them from bringing a claim. In the shorter run, the problem is often that by sitting on their rights they “waive’ those rights. An example might be a finance company that requires you to pay your installment loan on the 1st of the month and has the right to repossess your car if you don’t. In January, you pay on the ...

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