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Cool idea; I like it. I do have a question, though: what if people use iWagerr to conduct financial bets? Where does that leave you from a legal standpoint? I'

Cool idea; I like it. I do have a question, though: what if people use iWagerr to conduct financial bets? Where does that leave you from a legal standpoint? I've been considering building a platform that allows users to fund themselves and, for lack of a better word, gamble on games of skill. The problem that I've been having with that is how to make that legal (as casinos, of course, are not). Where would you be if, as you suggest, I use iWagerr to bet on Butler vs. VCU but have money riding on the game?

bvi 16y ago
As far as I know, there is no issue. Think of iWagerr as a notepad-like web app that simply allows you to record or track all of your wagers (financial or not). There is no money passing through iWagerr (no credit or points system either), just a tally of whether or not you've won or lost bets, so that $1000 riding on Butler vs VCU might as well be 1000 burgers or a trip to the Bahamas. So to answer your question, I wouldn't have an issue with people using it to track their financial bets (though, admittedly, I'd like them to use it to track their non-financial bets, since those are typically made with lighter, less-serious intentions!).