Posts Tagged ‘betcha.com’

Founder of Betcha.com Faced Many Battles

Thursday, February 26th, 2009

Before being found to not be in violation of the Washington state online gambling laws, the folks over at Betcha.com had experienced quite a string of bad luck. But hopefully this recent ruling in a Washington state appellate court means that things are shifting toward being in Betcha.com’s favor. The purpose of the site is to match up people who love playing games at online casinos and engaging in betting with each other. This set-up is quite different from what other online casinos have going on their sites. Instead of betting against the house which is the more common system at casinos, bettors come on and bet against each other.

The casino and  betting site depends somewhat on an honor code where players can rate each other and people with poor ratings are basically shut out of participating. But authorities in Washington state were quite suspicious of the site and after being online in the online casino world for only a few short weeks, the folks at the Washington State Gambling Commission came in and shut her down. But with this ruling, it seems that the law is finally coming over to Betcha.com’s side. But this situation is only resolved on a temporary basis since the gambling commission has already pledged that it will push forward and attempt to appeal the case at the state supreme court level.

The site was shut down back in 2007 and the site’s founder, Nicholas Jenkins was actually extradited to Louisiana to confront charges that had been pressed against him for his work regarding Betcha.com. He has not had an easy time of it, for sure. Although many other Internet casinos have faced a bit of legal trouble here and there, not many have had to battle this hard.

Betcha.com Uses Unorthodox Betting Style

Wednesday, February 25th, 2009

Through a crafty and clever design, the operators at Betcha.com were found not to be in violation of any online casino gambling laws in a Washington state court recently. The way they got around the law in this particular case was basically that people who chose to bet on the site were not actually required to pay their bets. This small detail is what kept the site, very popular among fans of online casinos everywhere, out of substantial legal trouble. While the site itself does not pressure their casino players to make good on the losses they incur while placing their bets, there is a fancy rating system in place that does a fantastic job of keeping players in check.

Their rating system is very successful. It is similar to what the popular site eBay eploys to let their buyers and sellers rate each other. On Betcha.com, just as on eBay, you are only as good as your reputation and your reputation is based on your rating. Unlike other online casinos that let their players engage in straight forward gambling that puts the players betting against the house, on Betcha.com they simply bring bettors together to team up and also bet among themselves. With the rating system in place, the players are subject to a streamlined system of checks and balances.

If a player does not make good on one of their bets after they experience a loss during one of their wagers, their rating will drop sharply and this will make it very unlikely that other bettors will want to do any sort of interaction with a casino player who has a very low rating. It is that simple.

Betcha.com Found Not Guilty In Washington Court

Wednesday, February 25th, 2009

A recent ruling that came down in an appellate courthouse in Washington is surprisingly in favor of online casinos and the gambling industry. Well, at least the popular casino gaming site Betcha.com was found not to be in violation of any state gambling laws, and though it is but a small victory for online casinos everywhere, we must take what we can get. This is just one of the many recent positive outcomes in court cases that have involved online casino gambling or poker gaming throughout the nation. It looks as though slowly but surely the tide may be turning and the ones on the side of victory are the casinos.

What happens on Betcha.com essentially is that people come on and gamble and place bets. But this does not happen in any sort of conventional way. Rather than placing bets against the house, online casino bettors are grouped together with some other fellow casino gamblers and they end up betting between themselves. It is almost like a social networking site that allows fans of online gambling to get together in engage in what they love best. It seems like a win-win situation for everybody involved. This unique feature of the site, putting bettors together to conduct their wagering is the technicality that allowed the site to be found not to be in violation of any casino gambling laws.

What Betcha.com does is have their clients agree to certain terms in advance such as the fact that the participants are not actually require to pay their losses so with this slight loophole the operators at Betcha.com are technically not engaged in gambling as the definition goes.

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