What is the name of your state? ****land (also curious about Illinois or US in general)
I saw one question about legality of holding a raffle for money, costing money to participate. This is considered gambling, I know. How about getting around it with something like this...
What if someone were to have an online raffle in the following way -
You charge someone "a fee" to create an account on the website.
They begin with some "free credits" which they can use to enter the raffle.
Whoever wins the raffle wins a large amount of "credits".
As a reward for having so many credits, the owners of the website give the person with so many credits either 1) a cash prize, or if that's a problem 2) an item that could be sold for cash (like a car, free trip, etc).
The result is the same, but it is carried out in a different way. You are still collecting money, and paying the winner of the raffle.
I guess the essence of the question is whether it is legal to gamble online (or in real life) where your credits cannot be strictly bought, traded, or converted for legal tender. Would this fall under the catergory of "participating in games of chance for free"? If anyone can point me to a source for where this might be mentioned in the law books or otherwise I would be eternally grateful! Thanks in advance.
Tom
I saw one question about legality of holding a raffle for money, costing money to participate. This is considered gambling, I know. How about getting around it with something like this...
What if someone were to have an online raffle in the following way -
You charge someone "a fee" to create an account on the website.
They begin with some "free credits" which they can use to enter the raffle.
Whoever wins the raffle wins a large amount of "credits".
As a reward for having so many credits, the owners of the website give the person with so many credits either 1) a cash prize, or if that's a problem 2) an item that could be sold for cash (like a car, free trip, etc).
The result is the same, but it is carried out in a different way. You are still collecting money, and paying the winner of the raffle.
I guess the essence of the question is whether it is legal to gamble online (or in real life) where your credits cannot be strictly bought, traded, or converted for legal tender. Would this fall under the catergory of "participating in games of chance for free"? If anyone can point me to a source for where this might be mentioned in the law books or otherwise I would be eternally grateful! Thanks in advance.
Tom