Imagonary Gambling
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. :-)
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.