The law is only fair if both parties are of equal financial standing and intellectual. Else, the smarter or richer will likely win regardless of actual case merits.
I find that making such a bet is risky and I also question the intention. The trader earns when the world "suffers"..? I just hope alternative energy takes off so much that oil becomes a legacy energy like coal.
Someone Is Betting That Oil Will Soar to a Record $200 a Barrel