So I was trying to figure out with my two friends whether or not we should go out the other night and for some reason we began discussing the option of going to Atlantic city. So we start talking about how we should go there and put our life savings on black and if we win then go out and have the best night of our lives. After a little bit of joking the plan becomes a little more serious and realistic. We are each going to put $400 on black and go out like ballers if we win and go out with no money if we loose. But one of my friends is broke as a result of a recent surgery that has prevented him from working. This friend says the only way he can go is if someone lends him $400. After a little discussion the bet is revised to only putting $200 on black and using a $100 to go out if we loose the bet. Thus the friend with no money decides he only needs to borrow $300, the prospects and date of repayment remaining uncertain. He asks my other friend to borrow the money and that friend says he will lend half of it if I lend the other half. At this point I had already agreed to drive. I respond that I would lend the entire amount if my friend drove. He agrees and we are on way.
As soon as we get in the car the friend with no money asks, where is the money. I respond that I am going to put the $200 on black for him and that if we win I would take the $200 that I put out for him back and he would go out on the winnings (ie 200). If we lost then I would give him the extra $100 to go out with. Thus putting him in exactly the same situation as me and my other friend. So he starts flipping out saying that wasn't the deal and that I agreed to give him $300 and he can do what he wants with it. Come on now, forgetting the right thing to do which is obviously what I propose, Don't you need to look at the circumstances and conversation leading up to the loan before can simply say he said $300 and that is unconditional?