I don't think you understand how policies work in court.
And you do, I wager? You must have an Internet Lawyer Diploma! No shortage of them, unlike bitcoins.
A court would never uphold a policy that states "I have the right to steal your money," which is effectivly what bitbet's policy says.
But it's not what it says. And given that you can perfectly not agree with it by not playing, you're simply not understanding the issue.
OP wanted to bet at the very last minute and steal from legitimate bettors.
OP did not understand how the bitcoin network worked and didn't even use a proper wallet.
He's the thief; he's just upset because he's a bad one, and is now moving into blackmail. Beware which side you take.