54 minutes ago, Lord_Xenon said:
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Gambling is to lose your investment w/o anything in return.
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“The definition of “gambling,” unless changed by statute, consists of any activity with three elements: consideration, chance, and prize.”
Consideration : “Consideration can have many different meanings […]. But, in general, there is no “gambling” unless a participant is required to risk something of value. […] The legal term for an activity where there is no consideration should be “gift,”…”
Chance: “Even if a game costs money to enter and therefore has “consideration,” and the winner will receive a thing of value, a “prize,” the contest is technically not gambling if skill predominates over luck in determining the winner”
We can agree that there is consideration and chance involved.
“…staking or risking by any person of something of value upon the outcome of a contest of others, a sporting event, or a game subject to chance, upon an agreement or understanding that the person or another person will receive something of value in the event of a certain outcome;”
Prize:" If no prize can be won, the activity in question is classified as an amusement game, not gambling."
Getting or not getting any prize, and getting a prize with lower or higher value will not cancel the fact of gambling activity as long as the result of the whole activity is determined by chance and it is not under the player’s control or influence. When players buy bundles they naturally bet their money on getting the best content out of it.
I think the only thing that could make this system not be a gambling if there would be a guaranteed prize for each bundle. Not even the guaranteed 1-3 plates of something would serve for this because there is the chance involved in this as well.
From what I have researched so far, it is clear that regulations don’t follow these activities fast enough.
To me this bundle system is a wagering or betting. Players buy bundles and hope they get the best content out of it. Since every or most bundles have a main contents that players buy them for, chances and risked value are involved, therefore there is no question what this system is, even though it operates within a thin line of loopholes in law.
