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The Almighty Buck

Submission + - Gambling on Console Video Games (google.com)

eldavojohn writes: Via GamePolitics, news of a new service called bringit.com is allowing players to put their money where their mouth is for console games. How it works: 'BringIt supports the PlayStation 2, the PS3, the Xbox 360 and the Wii. Players challenge each other on the site, but play on their consoles. BringIt holds players' entry fees until the game is finished. After the game is done, it verifies the results and credits the winner, minus the service fee.' And it's legal in 39 states (sorry Arizona, Arkansas, Delaware, Florida, Indiana, Iowa, Louisiana, Maryland, Montana, Tennessee and Vermont). ESPN has more details in an interview with the site's founder, Woody Levin, who reveals that they will record chat and verify special rules. They even have feedback like eBay if you play with someone who cheats. Your maximum bets slowly scale up with the number of games you've played so you don't go losing a lot money right off the bat or hustling people.
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Gambling on Console Video Games

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