Game Development Community

Game involving real money - bad idea?

by Dan Keller · in General Discussion · 07/29/2008 (11:28 am) · 8 replies

Is it a terrible idea for an multiplayer game to have a game currency that can be exchanged for real currency?

That is, will it
* get me sued
* get me arrested
* make people hate the game when they lose
* give hackers the opportunity to steal money from me
* encourage psychopathy among gamers, resulting in constant "YOU STOLE MY ******* CLOUDSONG!"-type incidents
* attract the mafia
or
* be fun, profitable, and exciting for all!

#1
07/29/2008 (11:33 am)
E) All of the above?

You should probably talk to a lawyer about this kind of stuff, as the laws change, and you may or may not have some legal issues if you design the game incorrectly.
#2
07/29/2008 (12:05 pm)
Search for micro-transactions - games do this all the time. But I second Ted, get legal advice before letting the service go live.

Edit: Puzzle Pirates is a good example.
#3
07/29/2008 (1:17 pm)
There's nothing wrong with that, but I would get someone with experience writing secure applications to write anything to do with networking/money.
#4
07/29/2008 (4:36 pm)
If you are in the US, make sure your state won't consider it gambling. Most states take a dim view of anyone else making money off gambling.
#5
07/29/2008 (4:43 pm)
It's a pretty huge undertaking as well,
especially if your game has an economy or market aspect.
just managing purely virtual economies is a full-time job for a professional economist.
#6
07/30/2008 (12:18 am)
A one-way transaction is safer (buy in-game stuff/perks with real money, but no return money). It's considered gambling in many parts of the world otherwise. It's also hell to manage.
#7
07/30/2008 (7:31 am)
Is it considered gambling even if the reward is based purely on skill and not luck?

Edit: What I'm more concerned about are numbers 3 and 5.
#8
07/30/2008 (1:24 pm)
Are horseraces about luck or skill? Is betting consistently on sports teams about luck or skill or fandom?

I don't know. But I'm betting lawyers could definitely help you out in the stickiness of state and federal regulations and definitions more than we could.