I ran across a website that allows you to sign up as a "bookie." You then invite your friends onto the site with a password and they are able to place real time bets on all sports. It doesn't cost anybody any money whatsoever to sign up, and money is only transfered between the bookie and his friends. The site also has contests you can sign up for, (march madness, NFL pickem, etc.) where you can join a public group or make your own private group. I know gambling online is not really legal but not really illegal either. I was wondering if this site is 100% legal and why. Thanks.