Internet gaming is serious business, where a simple insult or misplaced “LOL! I PWN J00!” can result in a bitter feud. In the real world – say at a pool table – loudmouth players can be quickly made schtum with a gentlemanly wager. But how can you make those eejits on LIVE put their money where their mouths are?
New Internet thing BringIt aims to solve this conundrum. The site acts as a secure third party that can let you set up cash prizes for games. Just set up a challenge – one on one or tournament and agree a prize amount. Monies are held in escrow by BringIt once the game is afoot, so nobody can run off with the pot.
Xbox 360, PS3, PS2, & Wii games are supported (no PC – presumably it is too easy to cheat) as long as you have a decent, stable net connection.
(full press release after the jump)