Alex
12-23-2008, 05:23 PM
Three elements are commonly found in most U.S. state gambling laws - "prize, chance and consideration," according to attorney (http://en.wikipedia.org/wiki/Attorney) and gaming-law specialist Chuck Humphrey, the author and webmaster of Gambling-Law-US.com (http://www.gambling-law-us.com/).
Since Centsports does not allow a user to place bets with his/her own money, no "consideration" is involved, thus ensuring the site's legality. [2] (http://en.wikipedia.org/wiki/Centsports#cite_note-FRB-1)
The site is sponsored entirely by advertisers, notably Pizza Hut (http://en.wikipedia.org/wiki/Pizza_Hut), Skype (http://en.wikipedia.org/wiki/Skype), and the NBA (http://en.wikipedia.org/wiki/NBA). [2] (http://en.wikipedia.org/wiki/Centsports#cite_note-FRB-1)
Users upon generating their accounts are given 10 cents (http://en.wikipedia.org/wiki/Cent_%28currency%29) to place bets with. If users accumulate a minimum of 10 dollars (http://en.wikipedia.org/wiki/Dollars) they can compete in brackets (http://en.wikipedia.org/wiki/Bracket_%28tournament%29) to cash-out their winnings. Checks are mailed to winners. Any time a user loses all of his/her money, they start over with 10 cents in their account.
The site allows users to bet on a variety of different sports including football (http://en.wikipedia.org/wiki/Football_%28word%29) (both NFL (http://en.wikipedia.org/wiki/National_Football_League) and AFL (http://en.wikipedia.org/wiki/Arena_Football_League)), ,NBA (http://en.wikipedia.org/wiki/NBA) basketball (http://en.wikipedia.org/wiki/Basketball), WNBA (http://en.wikipedia.org/wiki/WNBA) basketball (http://en.wikipedia.org/wiki/Basketball), MLB (http://en.wikipedia.org/wiki/MLB) baseball (http://en.wikipedia.org/wiki/Baseball), NHL (http://en.wikipedia.org/wiki/NHL) hockey (http://en.wikipedia.org/wiki/Hockey), soccer (http://en.wikipedia.org/wiki/Soccer), tennis (http://en.wikipedia.org/wiki/Tennis), boxing (http://en.wikipedia.org/wiki/Boxing), NCAA (http://en.wikipedia.org/wiki/NCAA) football and basketball, NASCAR (http://en.wikipedia.org/wiki/NASCAR), golf (http://en.wikipedia.org/wiki/Golf) and mixed martial arts (http://en.wikipedia.org/wiki/Mixed_martial_arts).
http://en.wikipedia.org/wiki/Centsports
This is an awesome site for all you betting fans out there. There's basically NOTHING to lose and it's so addicting once you start making a little money.
BTW if any of you want to be super cool and haven't signed up yet, PM me your email address and I can give you a link that will make you my cronie
Your cronies
Your cronies are people who sign up to CentSports because you invited them.
When your cronies win, you win ... in fact, you automatically get 5% of whatever they win. This 5% doesn't get subtracted from their winnings but is added on top as a special bonus for you ... just for being cool and having cronies.
If your cronies lose, nothing bad happens to you ... otherwise what would be the point of having cronies?
"But I'm a loser, how do I get cronies?", you might ask. Simple, use the link below to send a CentSports invitation to someone you know ... if they sign up, bam, you got yourself a crony.You won't lose anything and you'll help a fellow Bobcats fan out :biggrin:
Since Centsports does not allow a user to place bets with his/her own money, no "consideration" is involved, thus ensuring the site's legality. [2] (http://en.wikipedia.org/wiki/Centsports#cite_note-FRB-1)
The site is sponsored entirely by advertisers, notably Pizza Hut (http://en.wikipedia.org/wiki/Pizza_Hut), Skype (http://en.wikipedia.org/wiki/Skype), and the NBA (http://en.wikipedia.org/wiki/NBA). [2] (http://en.wikipedia.org/wiki/Centsports#cite_note-FRB-1)
Users upon generating their accounts are given 10 cents (http://en.wikipedia.org/wiki/Cent_%28currency%29) to place bets with. If users accumulate a minimum of 10 dollars (http://en.wikipedia.org/wiki/Dollars) they can compete in brackets (http://en.wikipedia.org/wiki/Bracket_%28tournament%29) to cash-out their winnings. Checks are mailed to winners. Any time a user loses all of his/her money, they start over with 10 cents in their account.
The site allows users to bet on a variety of different sports including football (http://en.wikipedia.org/wiki/Football_%28word%29) (both NFL (http://en.wikipedia.org/wiki/National_Football_League) and AFL (http://en.wikipedia.org/wiki/Arena_Football_League)), ,NBA (http://en.wikipedia.org/wiki/NBA) basketball (http://en.wikipedia.org/wiki/Basketball), WNBA (http://en.wikipedia.org/wiki/WNBA) basketball (http://en.wikipedia.org/wiki/Basketball), MLB (http://en.wikipedia.org/wiki/MLB) baseball (http://en.wikipedia.org/wiki/Baseball), NHL (http://en.wikipedia.org/wiki/NHL) hockey (http://en.wikipedia.org/wiki/Hockey), soccer (http://en.wikipedia.org/wiki/Soccer), tennis (http://en.wikipedia.org/wiki/Tennis), boxing (http://en.wikipedia.org/wiki/Boxing), NCAA (http://en.wikipedia.org/wiki/NCAA) football and basketball, NASCAR (http://en.wikipedia.org/wiki/NASCAR), golf (http://en.wikipedia.org/wiki/Golf) and mixed martial arts (http://en.wikipedia.org/wiki/Mixed_martial_arts).
http://en.wikipedia.org/wiki/Centsports
This is an awesome site for all you betting fans out there. There's basically NOTHING to lose and it's so addicting once you start making a little money.
BTW if any of you want to be super cool and haven't signed up yet, PM me your email address and I can give you a link that will make you my cronie
Your cronies
Your cronies are people who sign up to CentSports because you invited them.
When your cronies win, you win ... in fact, you automatically get 5% of whatever they win. This 5% doesn't get subtracted from their winnings but is added on top as a special bonus for you ... just for being cool and having cronies.
If your cronies lose, nothing bad happens to you ... otherwise what would be the point of having cronies?
"But I'm a loser, how do I get cronies?", you might ask. Simple, use the link below to send a CentSports invitation to someone you know ... if they sign up, bam, you got yourself a crony.You won't lose anything and you'll help a fellow Bobcats fan out :biggrin: