The guys who founded "World Gaming," a website that lets gamers win money while sitting on their couch, thought it was a great idea.

But they weren't the only ones who thought so.

Woodrow Levin also had a similar idea. Levin is the founder and CEO of BringIt, another new website dedicated to helping gamers set up matches in order to win (or lose) money on a variety of games and tournaments.

So what's the main difference between BringIt and World Gaming? You'll be able to wager on games played on the Wii right from the get-go. But how? Levin told me it was simple... Read more...

If you're not a pro gamer, making big money by playing games seems like a pipe dream.

But World Gaming wants to change that.

The brainchild of gamers Billy Levy and Zack Zeldin, the World Gaming website is a place where gamers can set up matches and compete against each other in Xbox 360, PS2 and PS3 titles to win money.

"You can come and compete on the site, in an environment that is regulated, safe and secure," Levy said to me during a phone interview with Zeldin last week. "We're managing things and giving people the opportunity to do online what they're doing in these live events."

While they've certainly got ingenuity on their side, why should gamers come to World Gaming to place their bets? Read more...