starting money based tournaments here

After mind games online tournament hosted here in chess.com, i suppose many organizers/individuals will be interested to host money based tournaments here. Like $10 entry fee and first place winner will get the amount summed up by those entry fees. It's quite look like millionaire chess tournament held recently where entry fee was $1000.

It's as easy as you can imagine, so anyone interested and what's pros and cons?? 

Online gambling is illegal in the United States. Perhaps you would have better luck with a site hosted elsewhere.

Also, I imagine an online cash tournament being almost entirely two types of players:  those who don't know cheating is possible, and the cheaters.

It's was just a thought, i am not starting. But some approved organization can host tournaments here with some fees may be.

Chess is not gambling, it is a game of skill. Therefore, even if the US law was considered above international online chess site and its non-US members, it can't apply here.

However, the real problem would be cheating, especially in two forms: results fixing and computer help. These would require much wider privileges for tournament directors to deal with them. I have already proposed that, but staff is not willing to comply.

Something can be gambling and a game of skill.

If you wager money on a game of chess, the outcome is not certain and it therefore is gambling.

Nobody would consider sports to be skillless, yet if money is bet on them it's considered gambling.

The OP and me have meant money for participants, not bets.

Irrelevant. Entering a poker tournament is money for participants. It's still gambling.

You stated as if gambling and a game of skill were mutually exclusive. They are not.

You're not supposed to be talking about cheating in the open forum.  Only in the cheating forum.  Please respect site rules and not continue.

You are like a one-issue candidate.  

Scott, you are wrong brah.  Gambling itself is illegal in 99% of the USA brah.  If OTB chess tournaments were gambling brah they would be illegal brah.

Show me a definition of gambling which incorporates poker tournaments but not chess tournaments.

Not comparable. Unlike chess - exclusively game of skill, poker is a game where luck prevails.

Why is that important? The outcome is still uncertain, thus wagering money on an uncertain outcome = gambling.

If it's an entry fee to service the costs of the tournament then of course it isn't gambling.

The distinction is the cards brah.

Exactly. Not wagering. Entry fees and prizes, paid by and to participants. As I understand that, the US law makes that illegal online for gambling, i.e. games where luck prevails (cards, dices).

It's the chance element brah.  The roulette wheel.  The cards randomly dealt off the top.  The dices.  The faro.  Baccarat.  Green baize and all.

Exactly this would require responsible tournament directors, not allowing such "players" to participate.

i would like to see games played for a small fee, perhaps five us dollars by each player and at the end of the tournament the money goes to twenty  or so charities ( admin would set up the charities after taking some input from players on the site ) and the  winner of the tournament would choose among the twenty charities and the money  would go to that  charity.

their would be a permanent charity  tournament forum where the winner of each tournament would be listed and what charity received the money.  the forum would be only for this posting.  it would be a locked forum that admin posted in only.

the  fee would be paid directly to the site and the  site would hold the money in escrow.

the tournament w ould be a banded tournament which would be perhaps

five tournaments at different levels.  it might be run twice a year.

It doesn't matter if chess is purely skill or not. Players would still be putting money up against an unknown outcome in hopes of gaining more money. The law would still view that as gambling and online gambling is illegal in the United States (the brick-and-morter casinos don't like the competition). Wanting a US based site to risk thie asses by violating that law just because you don't think of it as the same thing is asinine.