If everyone involved donates a consistent amount to charity every year (eg 10% of income), the loser could donate their losses to charity, and the winner could count that against their own charitable giving for the year, ending up with more money even though the loser didn’t directly pay the winner.
Hard to test, as these laws are so spottily enforced anyway, but I’d suspect that if this mechanism were formalized and enforceable, courts would find the monetary value being wagered to be just as prohibited as actual money.
If everyone involved donates a consistent amount to charity every year (eg 10% of income), the loser could donate their losses to charity, and the winner could count that against their own charitable giving for the year, ending up with more money even though the loser didn’t directly pay the winner.
Hard to test, as these laws are so spottily enforced anyway, but I’d suspect that if this mechanism were formalized and enforceable, courts would find the monetary value being wagered to be just as prohibited as actual money.