a new concept: Skill Gaming? Your opinions on this.

[r3vbr]

MoneyGaming.com is an interesting new concept.

It offers the option to bet up to $5000 on games of skill. All of it's games are non-luck-dependant. Examples are Chess, Reversi, Subhunt, Pool (flash game) and others.

I've read that since it's not considered "gambling" its totally legaly and so on. I dont know if children can play, but i guess there would be no problem since no element of chance exists.

My questions are:
How do you supose they make money (i didn't read anything about a rake on their FAQ)?

Is it possible to beat these games for a good ammount?

Is it possible to make a living playing one of these games offered (of course by specializing in one or two of them)?

Isn't there gonna be a BOT problem with games like chess, in wich a computer can already play better than the world champion?


Btw, I read about this site on BusinessWeek.

Oh, another advantage I noticed right away was that they worked with both Neteller and PayPay. So I think it's possible to deposit by neteller and cashout to paypal.