You only need a gambling permit if the in game currency can be exchanged for cash, as with poker chips. Tokens can be exchanged for locked snippets of basic HTML code locked behind a paywall.
deletedalmost 10 years
Trust me, I'm an accountant
deletedalmost 10 years
would require gambling permit
It is an in game currency that cannot be transferred into real money. No it would not.
tokens are purchased with real life money, if u bet the tokens that you purchased with real life money you're betting real life money, obviously.
Wrong!
It no longer becomes real life money when they are purchased
deletedalmost 10 years
Is it possible to close the betting pools after a certain point in the round? Or make it so in order to enter the pool it must be done within the first day of the round?
Yes, it wouldn't be hard to code that at all.
I don't see the problem with this as long as you cap off the amount of tokens you can bet. Could result in a lot of people throwing against or for people for the tokens though.
Tokens are pretty much worthless. Somehow I doubt that much effort will be put into obtaining 5 bucks worth of colored usernames
Is it possible to close the betting pools after a certain point in the round? Or make it so in order to enter the pool it must be done within the first day of the round?
Yes, it wouldn't be hard to code that at all.
I don't see the problem with this as long as you cap off the amount of tokens you can bet. Could result in a lot of people throwing against or for people for the tokens though.
deletedalmost 10 years
would require gambling permit
It is an in game currency that cannot be transferred into real money. No it would not.
deletedalmost 10 years
Is it possible to close the betting pools after a certain point in the round? Or make it so in order to enter the pool it must be done within the first day of the round?
Is it possible to close the betting pools after a certain point in the round? Or make it so in order to enter the pool it must be done within the first day of the round?
deletedalmost 10 years
It only requires a gambling permit if the currency can be exchanged for cash. The mobile game 8 ball pool lets you do this, they don't have a gambling permit. Micro transactions buy the currency, the currency is for in game use only. The betting pool happens to be a part of the game you can use the currency at.
deletedalmost 10 years
People would cheat for tokens
Playing a game with someone you bet on disqualifies you and is a violation