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Old 04-18-2008, 04:03 PM  
crockett
in a van by the river
 
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Join Date: May 2003
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GFY lawyers.. (online US poker/gambling industry question)

I'm just wondering what exactly it is that makes playing poker online at gambling sites illegal in the US? This is just a discussion and a little fact finding research.

Granted the game of Poker it's self isn't illegal. So is it just the betting part with "real" money that makes it illegal? Is betting with fake money still illegal if you are playing for prize money?

Would it be legal to have a site that charges a monthly fee but but allows users to join tournements that give out prize money? Expanding on that could you charge them a fee to join a money paying game, but all bets are made with virtual money/chips with no real value? Meaning the only way they can win any money is by winning the tourney prize money?

Is this kind of playing legal in the US marketplace?
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