http://tech.yahoo.com/news/ap/20090729/ap_on_hi_te/us_tec_techbit_video_games_bettingAlthough you can win or lose real money, BringIt.com is not considered online gambling, and it's legal in 39 states.
The site, which lets players challenge other gamers for money, says it is different from online poker and other games of chance because video games are considered a game of skill.
BringIt is set to emerge from its "beta" test version in the next few days. It's free to sign up, provided you are at least 18. The site makes money by taking a 10 percent cut from people's wagers and a $4 fee from winners when they withdraw their loot.
Founder and CEO Woody Levin, 30, said most of the players on BringIt play for small amounts of money, $5 or $10. It's not really for "hardcore, crazy gamers," he said, but rather, people who "want to put their money where their mouth is, a little bit."