Wednesday, July 9, 2008

CentSports.com lets you gamble on their dime

Apparently, you no longer need Gray's Sports Almanac for risk-free sports gambling. Bankrolled by several big (and small) name advertisers, Centsports.com gives each registered user a free 10 cents and lets would be Biff Tannens gamble on a variety of sporting events. Using a legal loophole to evade U.S. anti-gambling laws, Centsports is 100% legal, but at no time can users deposit any of their own money.

In an interview with Forbes Magazine, CEO Victor Palmer joked, "Congress assumes if you’re dumb enough to give away money, then go for it."

Users can cash out if their account reaches $20. Even if you get risky and break the bank taking the Cubs -1.5 against Johan Santana and his disgusting circle change, you just start right over again with a fresh new dime.

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