Players can ‘BringIt’ for as little as $1 or up to as much as $100,000, so both casual players and those who crave the adrenaline of high stakes can engage at their own pace and be assured their BringIt challenge experience is safe and secure. During gameplay, the collective entry fees are held in an escrow account until the winner is declared and verified, at which point the funds are released to the winner’s secure account, minus the BringIt service fee. BringIt provides neutral arbitration as well as a self-regulating player feedback system that lets members know an opponent’s standing in advance of initiating a challenge or accepting a match.

CrunchGear offers the following feedback about BringIt:

Once registered for the site (free) you pay up a little into the account (they’ll match up to $20 for the beta) and go get your wager on, assuming you’re 18 or older. BringIt supports every major console out there along with PCs, although it seems it only works with one on one matches at the moment. That actually leaves out quite a lot of the gaming community — Counter-Strike, for instance, is a huge segment and very team-based. But there’s a healthy 1v1 community out there as well, and at any rate it makes the betting considerably simpler. You challenge someone, put up an agreed amount into escrow (anywhere from $1 to $100,000) and at the end the total is given over to the winner, minus the 10% fee you knew had to be in there somewhere. These being games of skill (and thus impervious to the legal restrictions on games of chance), some matches may be close or contested; a record of the events of each game is emailed to each player, however, and I can only assume that when things get hairy, a BringIt “ref” will be brought in to make the call.

Although it will add yet another facet to modern net-dwellers’ already too-fragmented online presences, BringIt is hoping to bring in metadata from other sources: your gamercard and Live! profile, for instance. Although there will be a shaky period as the information is tapped to make skill stratifications among the users, the sheer amount of data generated by the online gaming community — wins, losses, time played, maps played, heads shot, etc — should guarantee some degree of accuracy, assuming BringIt’s tools for analysis are up to the task.

At this time, BringIt supports XBOX 360, PS3, PS2 and Wii.

WorldGaming allows players to bet on their games and offers cash prizes for multi-player tournaments as well. Because your winning potential is based solely on your own skill there is no gambling or element of chance in these games, making it perfectly legal.

WorldGaming offers all the major consoles for game play on our site from XBOX, XBOX360, PS2 and PS3. They also offer a variety of the most popular titles in the world including Halo 2, Halo 3, Madden football, FIFA soccer, and much more. We have compiled a listing of other video game tournament sites that allow you play for cash or prizes. Some of WorldGaming’s competitors include Sharkwaters.com, a UK based skill-gaming site, WorldWinner, for those who prefer to compete in Scrabble, Bejeweled or card games ,Gspotgaming.com, a California based competition site, and Gamersaloon.com, a Michigan based tournament hosting site that supports the widest assortment of consoles.