A ruling made last month by the Court of Session shows that betting does not always pay, even when the outcome you wagered on is realised, writes Emma Boffey of CMS

The case centred on a bet made by 72-year-old Glaswegian Albert Kinloch. He placed a £100 bet with Coral Racing Limited at 2,500/1 odds on Rangers Football Club being relegated from the Scottish Premier League (SPL) in the 2011/12 season.