Otherwise, the PGA tour, the Formula 1, the Premiership football etc would all be classed as gambling. They are not games of chance, they are games of skill and as such they are not classed as "gaming" (UK legal term).

Fencer: It would not be illegal. 1) gambling is not illegal. 2) This is not gambling.

Also, it is not classed as gaming/gambling - it would be considered as a competition with an entry fee and prize money. The law would be very different in this respect.

The difference between someone playing an online game and then selling their character for money (which is not illegal) and this idea is also very small.

grenv: Actually, its not illegal. Brainking.com is not a US based website and as such does not come under the duristiction (sp?) of US law, either federal or state.

There are some state laws which prevent citizens of that state partaking in private gambling games (either online or offline in their own home) but these are about as enforceable as a law against same sex couples performing acts of love on one another.

pokerstars.com, 888.com etc all operate as overseas websites and as yet the US government is still floundering about in the dark, having tried and failed to stop its citizens from playing poker online.

The only reason they want to stop it btw is because they aren't getting any taxes from it :)

The usual games would also co-exist meaning that you can still 'play for free'.

I am a poker player, money is simply the means used to keep score. Thats not to say that players aren't ranked using some form or rating... you see where I'm going with this.

Playing for fun is good... but wouldn't it be nice if we could also have a BrainBank linked to our brainking accounts. We deposit money via whatever secure method can be implemented, and tournaments we play in can have cash prizes - eg, tournament entry is $1, 10 entries, winner takes $10.

Could also have money staked on single matches.

Thoughts?