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Game Over

Office betting pools can land you in hot water.

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This story appears in the September 1998 issue of Entrepreneur. Subscribe »

Your employees have set up a pool for a sports event, and you look the other way--or maybe even chip in a few bucks. After all, the betting pool isn't affecting anyone's job performance.

But if you think this is harmless fun, think again. Sports betting is illegal in the United States. The only way you can place a legal bet is to do so with a licensed agent in the state of Nevada, says Paul Bresson of the FBI.

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