PDA

View Full Version : P2P Betting? Betcha.com Exploits Loophole in US Online Gambling Law



Jorge
June 19th, 2007, 06:50 AM
World's first "honor-based betting platform" connects people "who like to bet" and likens the site to "gentleman's bets," calling it "betting," not "gambling."
<p>Betcha.com is billed as America's first P2P betting platform that connects "people who like to bet."</p>
<p>It claims to work a lot like an auction site, minus the hassles and inventory. As a Betcha bettor, you: (a) offer and accept bet propositions on anything that comes to mind; (b) negotiate and counteroffer odds with would-be betting partners; then (c) settle your
<p><a href="http://feeds.feedburner.com/~a/zeropaid?a=PPLlCO"><img src="http://feeds.feedburner.com/~a/zeropaid?i=PPLlCO" border="0"></img></a></p>

Read Full Article Here (http://feeds.feedburner.com/~r/zeropaid/~3/126159413/P2P+Betting%3F+Betcha.com+Exploits+Loophole+in+US+ Online+Gambling+Law)

Howzat
June 19th, 2007, 12:41 PM
Hmm would be good if people in the US could get around those stupid online gambling laws. Sounds like a bit dodgy system though..

I'll never forget watching my BetCorp stocks take a massive dive to near worthlessness last year when the shit hit the fan with those laws in America. Fun times, not.

Jared Moya
June 19th, 2007, 05:30 PM
Either way its lame. Gamblin'gs okay in a number of places yet, online? Forget about it.