vBookie is a 'bookmakers' or betting extension to vBulletin. It enables authorised members to post Events and Outcomes that forum members can bet on. Each Outcome has its own set of odds, and odds can be modified through the life of an Event (bets that are placed are stored with the prevailing odds, so even if the odds change, your users are paid at the correct rate).
Once the results are known, Events can be settled and forums members awarded their winnings.
vBookie uses its own vCash by default, but this has no more use than as 'bragging rights'.
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