# Online Gamblers, FYI... **URL:** \ **Category:** NYSpeed Off Topic\ **Created:** [September 14, 2006, 12:16pm UTC](https://forums.speedlife.net/t/online-gamblers-fyi/17473 "2006-09-14T12:16:00Z")\ **Posts on this page:** 1\ **Showing post:** 27
**Author:** ![JoesTypeS](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/joestypes/32/7190_2.png) [@JoesTypeS](https://forums.speedlife.net/u/JoesTypeS)\ **Post date:** [October 3, 2006, 9:34am UTC](https://forums.speedlife.net/t/online-gamblers-fyi/17473/27 "2006-10-03T09:34:56Z")
Since this doesn’t make gambling online illegal…there is a loophole US customers purchase E-chips from company A. The Chips can be used to buy any number of things, like credits @ a casino. The Chip company values their product and is willing to buy it back at anytime for nearly full price (3% re-stocking fee applies). US customer pays off shore company A $103 for 100 e-chips (3% handling fee). Customer uses e-chips to buy casino credits. Play win. Cash out to e-chips, sell back to company A, take cash. The banks and credit card companies are only dealing with company A, which does not take bets, it simply sells a commodity, that doesn’t even really exist. But hey, people will buy anything online… So who wants to start E-chips Inc with me and make a few hundred million dollars? --- _[View the full topic](https://forums.speedlife.net/t/online-gamblers-fyi/17473)._