Video Game Gambling

Who dares to compete against me on Xbox Live or Playstation? Bring it. Now that the Underground Exchange (http://www.ugx1.com) is up and running, it’ll allow two people (or a team) to play for cash.

This business model is exactly the same as one of my previous company ideas, BattlePay, which allows emcees (MCs) to battle against one another (think 8 Mile) and the winner takes the purse.

I’d be interested to see how the Underground Exchange does… The legality, etc. If spectators could gamble on the games, it could open up a whole new frontier of gaming.

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