Betting As A Group -- Legal?

Hello Everyone,

Would like to get your opinion(s) on something I have been hearing a lot about recently ... betting syndicates, or betting clubs.

I'm not talking about the "official" syndicates such as the BrisNet Player's Pool ... what about a group of guys (gals) pooling their money in hopes of winning a Pick Three, Pick Four or Pick Six?

What about 4-5 guys with a thousand dollars vs. one of the big sydicates with an unlimited bankroll that goes chasing the big Pick Six's in California, New York, etc. Is there any difference?

I know it goes on every day, but is it "technically" legal? I've heard some say it is and others say it isn't because "you can't legally make a wager with someone else's money."

I've even heard it said that the person who makes the final decisions (every group has one) and ultimately makes the wagers is technically "booking bets" and running an "illegal gambling operation," even though he is legally making those wagers at a racetrack or legal online account wagering service.

Any thoughts?