Is this idea stupid, illegal, or maybe both?

[SixthSense]

[ QUOTE ]
Since my banking is done from the UK, I haven't had the need to become familiar with the US anti-gambling laws.

If i understand them correctly, it's the restrictions on depositing/withdrawing that will prove to be the dildo in the works - not the actual gambling process.

Either that or OP is nth leveling

[/ QUOTE ]

What is nth leveling?

The catalyst for this idea was a friend of mine who used to play putt-putt golf professionally (yes, I know it sounds funny). They would all pay their entrance fees, and the winner would take home the prize made from those fees. To me it just seemed like gambling, made legal through the guise of calling them "pros". I guess it just goes back to the "game of skill" debate.