Hack or not: picking sports and cashing out (legally)

#1

Post by adsahay » Thu, Oct 18, 2012, 4:23 PM UTC

Hack or not: picking sports and cashing out (legally)
blog.sportschimp.com

Re: Hack or not: picking sports and cashing out (legally)

#2

Post by adsahay » Thu, Oct 18, 2012, 4:47 PM UTC

And Tumblr seems to be down. Thank you Murphy.

Re: Hack or not: picking sports and cashing out (legally)

#3

Post by bagosm » Thu, Oct 18, 2012, 5:06 PM UTC

You don't have to pay to participate? So what? Casinos have free versions too you know. Or are they insinuating that you can win $s without investing any B$s?

As a sidenote, claiming that there is no wagering, is also false. Chosing and supporting a team does involve wagering, only the wager is static and proportionate to the participants. Then there is a formula that adds up and/or devides wagers to the participants.

Re: Hack or not: picking sports and cashing out (legally)

#4

Post by davidtyleryork » Thu, Oct 18, 2012, 5:06 PM UTC

Love what you guys are doing. I admit that I'm curious about how you plan to build a revenue model that can supplement that kind of outflow, but I'm sure you guys are thinking about it.

Thanks for the Betable shoutout as well :)

Re: Hack or not: picking sports and cashing out (legally)

#5

Post by adsahay » Thu, Oct 18, 2012, 5:09 PM UTC

davidtyleryork wrote: post #4

Love what you guys are doing. I admit that I'm curious about how you plan to build a revenue model that can supplement that kind of outflow, but I'm sure you guys are thinking about it. Thanks for the Betable shoutout as well :)

We'll chat soon, David.

Re: Hack or not: picking sports and cashing out (legally)

#6

Post by mattmanser » Thu, Oct 18, 2012, 5:17 PM UTC

Yeahhhh, good luck with that defence when the man comes knocking.

Re: Hack or not: picking sports and cashing out (legally)

#7

Post by mattmaroon » Thu, Oct 18, 2012, 5:17 PM UTC

I can't tell from their website what exactly they do. Do you have to buy in for real money to win real money? Or do you play with play money that they allow you to cash out for real money if you get enough of it?

Either way, this is certainly illegal in at least 6 US states. Believe it or not, you can't have games of chance with cash prizes even if entry is free in some states. Nobody ever gets prosecuted for doing that though.

Re: Hack or not: picking sports and cashing out (legally)

#8

Post by TheBiv » Thu, Oct 18, 2012, 5:28 PM UTC

I love this stuff! I used to be in this whole jazz, with a website I co-founded named CentSports that was along the same lines as this, and I would love to chat if y'all have time! Really awesome stuff guys(gals) ! Skype: "JustBivIt" Email: bentechwild@gmail.com

Re: Hack or not: picking sports and cashing out (legally)

#9

Post by [deleted] » Thu, Oct 18, 2012, 5:35 PM UTC

[deleted]

Re: Hack or not: picking sports and cashing out (legally)

#10

Post by adsahay » Thu, Oct 18, 2012, 5:37 PM UTC

mattmaroon wrote: post #7

I can't tell from their website what exactly they do. Do you have to buy in for real money to win real money? Or do you play with play money that they allow you to cash out for real money if you get enough of it? Either way, this is certainly illegal in at least 6 US states. Believe it or not, you can't have games of chance with cash prizes even if entry is free in some states. Nobody ever gets prosecuted for doing t…

Hi Matt, it is the latter. I looked up your website and would love to chat more if you are up to it.