My son-in-law wants to bet me $500.00 that Trump will be inaugurated on January 20, 2021.
Should I take him up on it
I made the bet, worded correctly and told him if he doesn't pay up I'll call in the contract for the loan I hold on his business and I'll be his new boss
I made the bet
Worded that Joe Biden will be inaugurated, living in the White House and have legal control over the government per the constitution.

I reminded him if he refuses to pay, I'll call in his business loan that I have a contract on and he'll be working for me
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