   Online Racing/Gambling Venture
Team Name: Eternus VenatoProject Name: Risky Racing OnlineTarget Aim: The goal of this project is to develop a commercial cross-platform title. The game itself will be freeware, and is essentially a gambling game like Party Poker etc., except the gambling element will revolve around car racing rather than poker.Users will be able to place bets, both as observers and racers, on the outcome of car races which they can participate in. The bets will be made in a faux currency, which will have a standard exchange rate with various international currencies, allowing 2-way transactions via Paypal (possibly other mediums, at later development phases).Compensation:As of right now, all we can do is promise royalties, since the project is still in early design phases. Like the game itself, the development is a gamble, but could pay off very well in the long run.Because we cannot offer salaries, we do not expect full-time developers. What we're looking for are people who would be willing to develop for us during the free-time. Actual compensation (if any) can and will be discussed at a later date, on an individual basis.Technology:C++OpenGLWinSockTalent Needed:Essentially everything -Several Programmers experienced with client programming.A programmer to design the protocol and write the server code.Several artists/modellers to create the game assets.A sound engineer to create the sound effects.Probably a laywer...Contact Info: Don't call us, we'll call you.Feedback: Any.   
  Sounds like an awesome and unique idea. I know C++ and Winsock, and very little OpenGL (Although I can learn, it'll take a while). I know DirectX 8/9 (DirectSound, DirectInput and Direct3D) too if that helps. PM me if you're interested.   ;  Awesome, PM sent ;)   ;  Sounds like you're hoping to make money by arbitrage with your exchange rates you hope to manage.  Foreign currency transactions can be somewhat complicated for business, so you might want to add a CPA to that list of people you'd need.   ;  I'd definitely be in for something like that. Never seen anything too much like it before.I know C++ and some OpenGL but I could learn WinSock for this.   ;Quote:Original post by JRaveySounds like you're hoping to make money by arbitrage with your exchange rates you hope to manage.  Foreign currency transactions can be somewhat complicated for business, so you might want to add a CPA to that list of people you'd need.Yeah, my roommate (who's in law school) mentioned that there might be some issues with transactions in multiple currencies. We decided that using Paypal would be a good solution for this, since Paypal handles multiple currencies, and would thus be suited for our needs.As for variable exchange rates, yes, it could potentially be a problem due to the nature of things, however the risk of losing money due to fluxuations can be covered for by adding a covercharge for transactions, or other such legal trickeries.And of course, any money gained as a result of these changes would be happily accepted :)Thanks for the concerns - that's one issue that we didn't expect to come up! [wink]Quote:I'd definitely be in for something like that. Never seen anything too much like it before.I know C++ and some OpenGL but I could learn WinSock for this.PM sent!   ;  Oh this thread is gold.  I am dying laughing here.  +Rating for that.   ;  Some technical notes:Paypal doesn't allow gambling sites. They have restricted a lot of businesses with "controversial ethics." Gambling, pornography, narcotics, and such material are all banned. They would close your account once they figure out.Also, you'll be making great losses with chargebacks on paypal. The nature of your business attracts a lot of scams like that. You'd be out of business with the first chargeback.   ;  With PokerVitals, paypal eventualy banned us, and we wernt even directly gambling.  What you are talking about is a definite breech of there terms of serviceSecondly, you are going to need an eGaming/Gambling license.  The cheapest you can come by is usualy about $60,000+/yr.  I may be wrong, but depending on your level of curency conversion, you also may need a brokerage license, which will run you an aditional 50k+ a year.  Take a look at the laws surrounding the various places.  Most people do this offshore of course, but they all have licenses somewhere, and there is nowhere that does it <$20,000/yr for sure.The lowest I have seen is here: http://www.gambling-license.cx/en/license-gambling.html, but they dont seem to mention where its at, and I question the legalities since its only about $10k USD. (Secret govt. contacts... sounds suspicious).  Nevertheless, its an expensive venture.  I remember somewhere on the net I have a list of these, as I was doing research for a company which is actualy in the process of aquiring one   ;  Also , let me affirm that breaking international law is never a good thing, and you are not going to get away with out a license.   