^ Click here to remove ads! ^

Imagonary Gambling

Jump to forum:
 
12th May 2008, 06:04am
#1
by rexbo
tasmania Australia
Member Since: Nov 2007
Member Points: 241

With permission from the chess.com staff I was wondering whether we could run a little game here are the rules.

1.Everybody starts with 1000ID's (imaginary dollars)

2.every time there is a tournament or a high profile live game people make bets before the game win loss draw etc.

3. Before hand a selected chess.com profile will get to decide the odds of the match for pay outs.

4. or you may organise by email through me that you are making a wager against another player I will edudicate the bet.

Its all for fun any suggestions for improvements will be much appreciated.


12th May 2008, 06:12am
#2
by Chesser777
Belgium
Member Since: Feb 2008
Member Points: 333
This can be done at Vote Chess, but it will take much programming.
12th May 2008, 06:35am
#3
by Evil_Homer
Ireland Ireland
Member Since: Aug 2007
Member Points: 650
Probably illegal in the States too, given their strict anti-gaming laws.
12th May 2008, 06:47am
#4
by last_file
United States
Member Since: Aug 2007
Member Points: 238
There are no laws against imaginary gambling.
12th May 2008, 06:53am
#5
by Evil_Homer
Ireland Ireland
Member Since: Aug 2007
Member Points: 650

It's not imaginary though is it?

An actual transfer takes place, even if the value of that transfer is 0.

Anyway, just a point to consider as a lot of online gaming companies, and others, lost a lot of money due to legal enforcements in this regard over the last couple of years.

Certainly, if it was me, I would be taking good legal advice before proceeding on this one. :-)


12th May 2008, 07:02am
#6
by hondoham
North Carolina USA and Honduras
Member Since: Aug 2007
Member Points: 444

i don't daydream about going to Europe anymore, the imaginary Euro to imaginary Dollar exchange rate is just killing me.


12th May 2008, 11:50pm
#7
by rexbo
tasmania Australia
Member Since: Nov 2007
Member Points: 241
It is imaginary so I really doubt anyone would be two angry it's just like betting that doesn't effect anyone yet is still fun.
 

Add your comment:

Join Chess.com for free to add your comment! Already a member? Then login now to comment.