[DanBC]

You might want to change a couple of words on the FAQ. Anything that mentions POTUS and death threats is taken seriously.

There's nothing to say where you're based, or if you're obeying their laws. Where are you based? Are you obeying their laws? What have you done to protect yourself from vigorous US law enforcement attempts?

EDIT: For the silent downvoters - which part is controversial?

People who say 'bomb' in an airport are dragged off. People who mention, even jokingly, death threats to POTUS attract extra investigation.

This website is doing several things which are not legal in the US. Betting on sports games; financial transactions for off-shore gambling; etc.

This website has a domain registered in the US for US residents only.

[mootothemax]

I think that that's an attempt to try and prove that they're not an assassination market:

http://en.wikipedia.org/wiki/Assassination_market

An assassination market or market for assassinations is a prediction market where any party can place a bet (using anonymous electronic money, and pseudonymous remailers) on the date of death of a given individual, and collect a payoff if they "guess" the date accurately...

It has been argued that the feasibility of an assassination market precludes the acceptance by governments of any form of anonymous electronic money.

[Cthulhu_]

Well, that kinda depends on whether Bitcoin is recognised by the US government (or whichever) as legal tender; if not, it's virtual money, and you can do whatever you want with it (like ISK in Eve Online, for example).

Which is also the main problem with Bitcoins; you get the 'open source' money, but without the existing banking system and its securities, or the governments and their laws behind it. Your Bitcoin exchange gets hacked and you lose your coins? Your problem. You bet money in a dodgy bitcoin betting site and lose it? If the 'owning' government doesn't recognise it as legal tender, your problem.