Abstract: The invention provides a method comprising selecting a challenger, an opponent, an event, a first and second outcome of an event, a charity, and an amount to form a wager, wherein the first outcome is associated with the challenger and the second outcome is associated with the opponent, wherein the first and second outcomes are not identical; communicating the wager to the opponent; receiving a response to the wager by the opponent; determining whether the first or second outcome occurs; notifying challenger and opponent of the outcome; receiving a first payment by the challenger if the second outcome occurs or by opponent if the first outcome occurs; and sending a second payment to the charity.