About John Hargreaves Expertise I can answer questions relating to online casino, poker and bingo rooms concerning rules, site reputations, payment options and special bonuses and offers. I am also able to answer questions regarding 'matched betting' (profiting from online bookmaker bonuses), arbitage betting and general sportsbook and betting exchange (for example 'Betfair') queries.
Experience I spend much of my time online gambling strategically, especially on betting exchanges. I am an expert in the field of matched betting, which is a hard-to-grasp but enjoyable and profitable pastime.
Education/Credentials Currently studying Law (LLB) at the University of Kent
Expert: John Hargreaves Date: 7/2/2008 Subject: gambling?
Question So, recently I've been brainstorming a bunch of online business ideas. I've
come up with one, but am uncertain of whether I need a license or not.
Basically, the website goes like this: One person issues a challenge. That
person invests a certain amount of money - for example 1$. Other people
then have a chance at accepting their challenge. The person who accepts the
challenge must invest an equal amount - 1$. They then campaign for votes.
Who ever gets the most votes wins the pot - (in the example's case it would
be 2 $)
Is this legal or do I need a gambling license or something.
Thank you very much.
Answer The answer will very much depend upon your location and where the boundaries lie within that jurisdiction.
If you are planning on operating this from USA then I would advise you seek professional advice as, you may very well be aware, this is very dangerous and murky waters - technically operating a gambling site from the USA is illegal.
